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RUS Financial and Operating Report Electric Distribution Revision Date 2013
According to the Paperwork Reduction Act of 1995, an agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a valid OMB control number. The valid OMB control number for this information collection is 0572-0032. The time required to complete this information collection is estimated to average 15 hours per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information.
UNITED STATES DEPARTMENT OF AGRICULTURE RURAL UTILITIES SERVICE
FINANCIAL AND OPERATING REPORT ELECTRIC DISTRIBUTION
BORROWER DESIGNATION
PERIOD ENDED
BORROWER NAME INSTRUCTIONS - See help in the online application. This information is analyzed and used to determine the submitter’s financial situation and feasibility for loans and guarantees. You are required by contract and applicable regulations to provide the information. The information provided is subject to the Freedom of Information Act (5 U.S.C. 552)
CERTIFICATION
We recognize that statements contained herein concern a matter within the jurisdiction of an agency of the United States and the making of a false, fictitious or fraudulent statement may render the maker subject to prosecution under Title 18, United States Code Section 1001.
We hereby certify that the entries in this report are in accordance with the accounts and other records of the system and reflect the status of the system to the best of our knowledge and belief.
ALL INSURANCE REQUIRED BY PART 1788 OF 7 CFR CHAPTER XVII, RUS, WAS IN FORCE DURING THE REPORTING PERIOD AND RENEWALS HAVE BEEN OBTAINED FOR ALL POLICIES DURING THE PERIOD COVERED
BY THIS REPORT PURSUANT TO PART 1718 OF 7 CFR CHAPTER XVII (check one of the following)
All of the obligations under the RUS loan documents have been fulfilled in all material respects.
There has been a default in the fulfillment of the obligations under the RUS loan documents. Said default(s) is/are specifically described in Part D of this report.
DATE
PART A. STATEMENT OF OPERATIONS
ITEM YEAR-TO-DATE
LAST YEAR (a)
THIS YEAR (b)
BUDGET (c)
THIS MONTH (d)
1. Operating Revenue and Patronage Capital 2. Power Production Expense 3. Cost of Purchased Power4. Transmission Expense 5. Regional Market Expense 6. Distribution Expense - Operation 7. Distribution Expense - Maintenance 8. Customer Accounts Expense 9. Customer Service and Informational Expense 10. Sales Expense 11. Administrative and General Expense 12. Total Operation & Maintenance Expense (2 thru 11) 13. Depreciation and Amortization Expense 14. Tax Expense - Property & Gross Receipts 15. Tax Expense - Other 16. Interest on Long-Term Debt17. Interest Charged to Construction - Credit 18. Interest Expense - Other 19. Other Deductions 20. Total Cost of Electric Service (12 thru 19) 21. Patronage Capital & Operating Margins (1 minus 20) 22. Non Operating Margins - Interest23. Allowance for Funds Used During Construction 24. Income (Loss) from Equity Investments 25. Non Operating Margins - Other 26. Generation and Transmission Capital Credits 27. Other Capital Credits and Patronage Dividends 28. Extraordinary Items29. Patronage Capital or Margins (21 thru 28)
329,135
84,414,615
6,850
1,996,228
178,750
7,012,300
December, 2013
(1,420)
975,000
1,881
288,809
81,665,456
6,456,710
24,767
73,727,805
131,326
4,814,016
167,904
57,258
6,966,782
322,763
220,775
4,366,450
3,558,275
22,917
Daniel Dasho
81,511,862
75,000
637,837
3,609,757
3/28/2014
263,681
31,256
1,004,817
43,583
1,001,652
53,107
222,385
1,462,072
450,000
95,396
7,385,352
30,000
71,114,274
2,600,000
27,860
291,300
316,493
4,214,660
3,775,334
70,484,343
4,771,957
5,377,253
130,243
4,979,750
4,019,702
50,000
48,018,500
MI0043
4,081,964 3,720,095
8,307,064
3,607,156
82,303,293 85,876,68781,828,355
242,032
3,012,072
7,389,664
399,289
44,072,682
2,065,522
611,342
1,634,506
86,745
39,800
(Prepared with Audited Data)
2,050,100
3,176,971
(35,970)
X
481,080
4,427,060
(5,750)
3,809,856
5,910
537,561
2,607,193
289,856
1,466,827
55,291
42,047,062
2,405,055
3,795,500
1,374,844
5,220,139
2,422,605
921,712
(44,587)
Cloverland Electric Co-operative
1,623,573
4,470
933,633
UNITED STATES DEPARTMENT OF AGRICULTURE RURAL UTILITIES SERVICE
FINANCIAL AND OPERATING REPORT ELECTRIC DISTRIBUTION
BORROWER DESIGNATION
PERIOD ENDED
INSTRUCTIONS - See help in the online application.
PART B. DATA ON TRANSMISSION AND DISTRIBUTION PLANT
ITEM YEAR-TO-DATE
ITEM YEAR-TO-DATE
LAST YEAR (a)
THIS YEAR (b)
LAST YEAR (a)
THIS YEAR (b)
1. New Services Connected 5. Miles Transmission
2. Services Retired 6. Miles Distribution – Overhead
3. Total Services in Place 7. Miles Distribution -Underground
4. Idle Services(Exclude Seasonals)
8. Total Miles Energized (5 + 6 + 7)
PART C. BALANCE SHEET ASSETS AND OTHER DEBITS LIABILITIES AND OTHER CREDITS
1. Total Utility Plant in Service 30. Memberships 2. Construction Work in Progress 31. Patronage Capital 3. Total Utility Plant (1 + 2) 32. Operating Margins - Prior Years4. Accum. Provision for Depreciation and Amort. 33. Operating Margins - Current Year 5. Net Utility Plant (3 - 4) 34. Non-Operating Margins 6. Non-Utility Property (Net) 35. Other Margins and Equities7. Investments in Subsidiary Companies 36. Total Margins & Equities (30 thru 35) 8. Invest. in Assoc. Org. - Patronage Capital 37. Long-Term Debt - RUS (Net) 9. Invest. in Assoc. Org. - Other - General Funds 38. Long-Term Debt - FFB - RUS Guaranteed 10. Invest. in Assoc. Org. - Other - Nongeneral Funds 39. Long-Term Debt - Other - RUS Guaranteed11. Investments in Economic Development Projects 40. Long-Term Debt Other (Net) 12. Other Investments 41. Long-Term Debt - RUS - Econ. Devel. (Net)13. Special Funds 42. Payments – Unapplied
14. Total Other Property & Investments (6 thru 13) 43. Total Long-Term Debt
(37 thru 41 - 42) 15. Cash - General Funds 44. Obligations Under Capital Leases - Noncurrent
16. Cash - Construction Funds - Trustee 45. Accumulated Operating Provisions and Asset Retirement Obligations
17. Special Deposits 46. Total Other Noncurrent Liabilities (44 + 45) 18. Temporary Investments 47. Notes Payable19. Notes Receivable (Net) 48. Accounts Payable20. Accounts Receivable - Sales of Energy (Net)
49. Consumers Deposits 21. Accounts Receivable - Other (Net) 22. Renewable Energy Credits 50. Current Maturities Long-Term Debt
23. Materials and Supplies - Electric & Other 51. Current Maturities Long-Term Debt- Economic Development
24. Prepayments 52. Current Maturities Capital Leases25. Other Current and Accrued Assets 53. Other Current and Accrued Liabilities
26. Total Current and Accrued Assets(15 thru 25) 54. Total Current & Accrued Liabilities
(47 thru 53) 27. Regulatory Assets 55. Regulatory Liabilities 28. Other Deferred Debits 56. Other Deferred Credits
29. Total Assets and Other Debits(5+14+26 thru 28) 57. Total Liabilities and Other Credits
(36 + 43 + 46 + 54 thru 56)
RUS Financial and Operating Report Electric Distribution Revision Date 2013
0
3,475.04
December, 2013
10,997,889
4,083
3,407,710
623,283
84,378,687
592,407
0
661,220
0
25,655,631
615.48
681,421
0
0
3,429,645
10,421,524
(86,969)
1,219,601
672,540
2,318,502
12,250,000
167,912,713
16,512,822
2,542,717
6,371,821
0
0
25,582,268
51,472
25,588,492
129,173,261
2,854.342,859.56
MI0043
42,328
1,792
86
42,294
207
32
167,912,713
106
10
628.14
1,841
0.00
22,962,249
10,010,611
6,743,296
3,482.48
3,002,817
0
114,776,449
1,053,914
153,929,103
0
0
4,815,494
109,695
0
0
14,881
35,177,366
11,315,710
0
1,820,246
1,219,601
0
420,655
164,350,627
0
RUS Financial and Operating Report Electric Distribution Revision Date 2013
UNITED STATES DEPARTMENT OF AGRICULTURERURAL UTILITIES SERVICE
FINANCIAL AND OPERATING REPORTELECTRIC DISTRIBUTION
BORROWER DESIGNATION
MI0043
INSTRUCTIONS - See help in the online application. PERIOD ENDED December, 2013
PART D. NOTES TO FINANCIAL STATEMENTS
RUS Financial and Operating Report Electric Distribution Revision Date 2013
UNITED STATES DEPARTMENT OF AGRICULTURERURAL UTILITIES SERVICE
FINANCIAL AND OPERATING REPORTELECTRIC DISTRIBUTION
BORROWER DESIGNATION
MI0043
INSTRUCTIONS - See help in the online application. PERIOD ENDED December, 2013
PART D. CERTIFICATION LOAN DEFAULT NOTES
UNITED STATES DEPARTMENT OF AGRICULTURE RURAL UTILITIES SERVICE
FINANCIAL AND OPERATING REPORT ELECTRIC DISTRIBUTION
BORROWER DESIGNATION
PERIOD ENDED
INSTRUCTIONS - See help in the online application. PART E. CHANGES IN UTILITY PLANT
PLANT ITEM BALANCE
BEGINNING OF YEAR (a)
ADDITIONS (b)
RETIREMENTS (c)
ADJUSTMENTS AND TRANSFERS
(d)
BALANCE END OF YEAR
(e) 1. Distribution Plant 2. General Plant3. Headquarters Plant 4. Intangibles5. Transmission Plant 6. Regional Transmission and Market
Operation Plant 7. All Other Utility Plant 8. Total Utility Plant in Service (1 thru 7) 9. Construction Work in Progress10. Total Utility Plant (8 + 9)
PART F. MATERIALS AND SUPPLIES
ITEM BALANCE
BEGINNING OF YEAR (a)
PURCHASED (b)
SALVAGED (c)
USED (NET) (d)
SOLD (e)
ADJUSTMENT (f)
BALANCE END OF YEAR
(g) 1. Electric 2. Other
PART G. SERVICE INTERRUPTIONS
ITEM AVERAGE MINUTES PER CONSUMER BY CAUSE
POWER SUPPLIER (a)
MAJOR EVENT (b)
PLANNED (c)
ALL OTHER (d)
TOTAL (e)
1. Present Year 2. Five-Year Average
PART H. EMPLOYEE-HOUR AND PAYROLL STATISTICS 1. Number of Full Time Employees 4. Payroll - Expensed2. Employee - Hours Worked - Regular Time 5. Payroll – Capitalized3. Employee - Hours Worked - Overtime 6. Payroll - Other
PART I. PATRONAGE CAPITAL
ITEM DESCRIPTION THIS YEAR (a)
CUMULATIVE (b)
1. Capital Credits - Distributions a. General Retirements b. Special Retirements c. Total Retirements (a + b)
2. Capital Credits - Received a. Cash Received From Retirement of Patronage Capital bySuppliers of Electric Power
b. Cash Received From Retirement of Patronage Capital byLenders for Credit Extended to the Electric System
c. Total Cash Received (a + b) PART J. DUE FROM CONSUMERS FOR ELECTRIC SERVICE
1. Amount Due Over 60 Days $ 2. Amount Written Off During Year $ RUS Financial and Operating Report Electric Distribution Revision Date 2013
12.400
13,579,950
2,012,569
755,476
153,929,103
4,707,263
December, 2013
350.000
1,297,856
0
308,375
255.200
0
3,804,912
203
164,350,627
0
0
3,328,848
113
0
3,233
37.700
0
10,421,524
30.600
0
511,153
0
2,144,194
67,928
6.900
15,469
79,029
14,313,228
79,029
67,928
239.400
5,982,091
7,108
583.300
733,278
2,235,882
7,621
(37,064)
1,107
3,328,848
14,387,269
755,476
142,907,746
4,384,697
MI0043
11,160,760 1,421,510
(1,339,121) 115,013,81211,301,015 2,474,209107,526,127
0
(37,064)
14,191
854,639 44,903
243,904
7,703,543
6,440,820
0
1,195,861
2,717,981
160,508
285.100
0
16,801
19
12,639,866
410
17,105,250
3,422,025
6,601,328
15,078,690
235,392
11,772,534
(173,142)
66.000
1,242,963
150,611,289
0
0
RUS Financial and Operating Report Electric Distribution Revision Date 2013
UNITED STATES DEPARTMENT OF AGRICULTURERURAL UTILITIES SERVICE
FINANCIAL AND OPERATING REPORTELECTRIC DISTRIBUTION
BORROWER DESIGNATION
MI0043
INSTRUCTIONS - See help in the online application PERIOD ENDED December, 2013
PART K. kWh PURCHASED AND TOTAL COST
No ITEM
(a)
SUPPLIERCODE
(b)
RENEWABLEENERGY
PROGRAMNAME
(c)
RENEWABLEFUEL TYPE
(d)
kWhPURCHASED
(e)
TOTALCOST
(f)
AVERAGECOST
(Cents/kWh)
(g)
INCLUDED INTOTAL COST -
FUEL COST ADJUSTMENT
(h)
INCLUDED INTOTAL COST -
WHEELINGAND OTHER
CHARGES (i)
1 Wisconsin ElectricPower Co
20847 558,434,429 36,323,511 6.50
2 U S Corps ofEngineers
800285 158,804,548 1,798,680 1.13
3 MidwestIndependentTransmissionSystem Operator,Inc. (IN)
800420 0 3,924,871 0.00
Total 717,238,977 42,047,062 5.86
RUS Financial and Operating Report Electric Distribution Revision Date 2013
UNITED STATES DEPARTMENT OF AGRICULTURERURAL UTILITIES SERVICE
FINANCIAL AND OPERATING REPORTELECTRIC DISTRIBUTION
BORROWER DESIGNATION
MI0043
INSTRUCTIONS - See help in the online application PERIOD ENDED December, 2013
PART K. kWh PURCHASED AND TOTAL COST
No Comments
1
2
3
RUS Financial and Operating Report Electric Distribution Revision Date 2013
UNITED STATES DEPARTMENT OF AGRICULTURERURAL UTILITIES SERVICE
FINANCIAL AND OPERATING REPORTELECTRIC DISTRIBUTION
BORROWER DESIGNATION
MI0043
INSTRUCTIONS - See help in the online application. PERIOD ENDED December, 2013
PART L. LONG-TERM LEASES
No NAME OF LESSOR(a)
TYPE OF PROPERTY (b)
RENTAL THIS YEAR(c)
TOTAL
UNITED STATES DEPARTMENT OF AGRICULTURE RURAL UTILITIES SERVICE
FINANCIAL AND OPERATING REPORT ELECTRIC DISTRIBUTION
BORROWER DESIGNATION
PERIOD ENDED
INSTRUCTIONS - See help in the online application. PART M. ANNUAL MEETING AND BOARD DATA
1. Date of Last Annual Meeting 2. Total Number of Members 3. Number of Members Present at Meeting 4. Was Quorum Present?
5. Number of Members Votingby Proxy or Mail
6. Total Number of Board Members 7. Total Amount of Fees and Expensesfor Board Members
$
8. Does Manager HaveWritten Contract?
RUS Financial and Operating Report Electric Distribution Revision Date 2013
December, 2013
Y
MI0043
9 266,212
N/A
2,859
42,328 456/12/2013
RUS Financial and Operating Report Electric Distribution Revision Date 2013
UNITED STATES DEPARTMENT OF AGRICULTURERURAL UTILITIES SERVICE
FINANCIAL AND OPERATING REPORTELECTRIC DISTRIBUTION
BORROWER DESIGNATION
MI0043
INSTRUCTIONS - See help in the online application. PERIOD ENDED December, 2013
PART N. LONG-TERM DEBT AND DEBT SERVICE REQUIREMENTS
No ITEM BALANCE END OFYEAR
(a)
INTEREST(Billed This Year)
(b)
PRINCIPAL(Billed This Year)
(c)
TOTAL(Billed This Year)
(d)
1 Rural Utilities Service (Excludes RUS -Economic Development Loans)
25,582,268 1,239,976 734,012 1,973,988
2 National Rural Utilities Cooperative FinanceCorporation
4,815,494 191,741 893,087 1,084,828
3 CoBank, ACB
4 Federal Financing Bank 84,378,687 2,231,161 1,375,755 3,606,916
5 RUS - Economic Development Loans
6 Payments Unapplied
7 Principal Payments Received from UltimateRecipients of IRP Loans
8 Principal Payments Received from UltimateRecipients of REDL Loans
9 Principal Payments Received from UltimateRecipients of EE Loans
TOTAL 114,776,449 3,662,878 3,002,854 6,665,732
UNITED STATES DEPARTMENT OF AGRICULTURE RURAL UTILITIES SERVICE
FINANCIAL AND OPERATING REPORT ELECTRIC DISTRIBUTION
BORROWER DESIGNATION
PERIOD ENDED
INSTRUCTIONS - See help in the online application. PART O. POWER REQUIREMENTS DATABASE - ANNUAL SUMMARY
CLASSIFICATION CONSUMER SALES & REVENUE DATA DECEMBER
(a)
AVERAGE NO. CONSUMERS SERVED
(b)
TOTAL YEAR TO DATE
(c) 1. Residential Sales (excluding
seasonal) a. No. Consumers Served
b. kWh Sold
c. Revenue
2. Residential Sales - Seasonal a. No. Consumers Served
b. kWh Sold
c. Revenue 3. Irrigation Sales a. No. Consumers Served
b. kWh Sold
c. Revenue
4. Comm. and Ind. 1000 KVA or Less a. No. Consumers Served
b. kWh Sold
c. Revenue 5. Comm. and Ind. Over 1000 KVA a. No. Consumers Served
b. kWh Soldc. Revenue
6. Public Street & Highway Lighting a. No. Consumers Served
b. kWh Soldc. Revenue
7. Other Sales to Public Authorities a. No. Consumers Served
b. kWh Sold
c. Revenue
8. Sales for Resale - RUS Borrowers a. No. Consumers Served
b. kWh Sold
c. Revenue 9. Sales for Resale - Other a. No. Consumers Served
b. kWh Soldc. Revenue
10. Total No. of Consumers (lines 1a thru 9a) 11. Total kWh Sold (lines 1b thru 9b) 12. Total Revenue Received From Sales of
Electric Energy (lines 1c thru 9c) 13. Transmission Revenue
14. Other Electric Revenue 15. kWh - Own Use 16. Total kWh Purchased
17. Total kWh Generated18. Cost of Purchases and Generation19. Interchange - kWh - Net20. Peak - Sum All kW Input (Metered)
Non-coincident___ Coincident____
RUS Financial and Operating Report Electric Distribution Revision Date 2013
185,062,361
428,903
1
6,058
3,000,276
1
6,257
6,760
17,538,979
28,708,740
6,657
29,015
270,381,871
28,959
17,490,062
258
1,167,339
3,054,875
42,275
53,518,690
101
256
19,041,985
158,514,025
81,177,586
29,126,959
December, 2013
142,800
717,238,977
13,940,991
42,311
99
843,862,347
3,694,414
361,444,220
82
X
1,125,707
82
1,200,708
MI0043
UNITED STATES DEPARTMENT OF AGRICULTURE RURAL UTILITIES SERVICE
FINANCIAL AND OPERATING REPORT ELECTRIC DISTRIBUTION
BORROWER DESIGNATION
PERIOD ENDED
INSTRUCTIONS - See help in the online application. PART P. ENERGY EFFICIENCY PROGRAMS
CLASSIFICATION
ADDED THIS YEAR TOTAL TO DATE No. of
Consumers (a)
Amount Invested
(b)
Estimated MMBTU Savings
(c)
No. of Consumers
(d)
Amount Invested
(e)
Estimated MMBTU Savings
(f) 1. Residential Sales (excluding seasonal) 2. Residential Sales - Seasonal 3. Irrigation Sales4. Comm. and Ind. 1000 KVA or Less5. Comm. and Ind. Over 1000 KVA 6. Public Street and Highway Lighting 7. Other Sales to Public Authorities 8. Sales for Resale – RUS Borrowers9. Sales for Resale – Other 10. Total
RUS Financial and Operating Report Electric Distribution Revision Date 2013
50,0411,749,233
26,21314,110 1,472,087562,872 12,1663,559
1,220,572
657,700
76,254
December, 2013
14,74930,963 3,221,320
283 63918,797
3,842
MI0043
RUS Financial and Operating Report Electric Distribution - Investments Revision Date 2013
UNITED STATES DEPARTMENT OF AGRICULTURERURAL UTILITIES SERVICE
FINANCIAL AND OPERATING REPORTELECTRIC DISTRIBUTION
INVESTMENTS, LOAN GUARANTEES AND LOANS
BORROWER DESIGNATION MI0043
PERIOD ENDED December, 2013
INSTRUCTIONS - Reporting of investments is required by 7 CFR 1717, Subpart N. Investment categories reported on this Part correspond to Balance Sheet items in PartC. Identify all investments in Rural Development with an 'X' in column (e). Both 'Included' and 'Excluded' Investments must be reported. See help in the onlineapplication.
PART Q. SECTION I. INVESTMENTS (See Instructions for definitions of Income or Loss)
No DESCRIPTION
(a)
INCLUDED ($) (b)
EXCLUDED ($) (c)
INCOME OR LOSS ($) (d)
RURALDEVELOPMENT
(e)
1 Non-Utility Property (NET)
Land Parcels 51,472
Totals 51,472
2 Investments in Associated Organizations
NRUCFC 280,369
NISC 125,977
NRTC 664 X
CRC 15,056
RESCO 170,341
Federated Insurance 222,663 X
NRUCFC CTCs 840,006
ATC 8,548,042
Lighthouse Computers Inc. 661,220 X
NRUCFC 1,000
CoBank 398,900
Totals 9,743,963 1,520,275
6 Cash - General
FNB 32,374
M Bank 90,442
State Savings Bank 14,734
Soo Co-op Credit Union 4,819
Working Fund Petty Cash 3,440
General Fund Account 1,513,004 100,000
General Fund Account-CSB 683,904 100,000
Totals 2,200,348 342,369
8 Temporary Investments
Credit Union Membership 10
Totals 10
9 Accounts and Notes Receivable - NET
A/R Other 1,053,914
Totals 1,053,914
11 TOTAL INVESTMENTS (1 thru 10) 12,998,235 1,914,116
RUS Financial and Operating Report Electric Distribution - Loan Guarantees Revision Date 2013
UNITED STATES DEPARTMENT OF AGRICULTURERURAL UTILITIES SERVICE
FINANCIAL AND OPERATING REPORTELECTRIC DISTRIBUTION
INVESTMENTS, LOAN GUARANTEES AND LOANS
BORROWER DESIGNATION MI0043
PERIOD ENDED December, 2013
INSTRUCTIONS - Reporting of investments is required by 7 CFR 1717, Subpart N. Investment categories reported on this Part correspond to Balance Sheet items in PartC. Identify all investments in Rural Development with an 'X' in column (e). Both 'Included' and 'Excluded' Investments must be reported. See help in the onlineapplication.
PART Q. SECTION II. LOAN GUARANTEES
No ORGANIZATION
(a)
MATURITY DATE
(b)
ORIGINAL AMOUNT ($) (c)
LOAN BALANCE ($) (d)
RURALDEVELOPMENT
(e)
TOTAL
TOTAL (Included Loan Guarantees Only)
RUS Financial and Operating Report Electric Distribution - Loans Revision Date 2013
UNITED STATES DEPARTMENT OF AGRICULTURERURAL UTILITIES SERVICE
FINANCIAL AND OPERATING REPORTELECTRIC DISTRIBUTION
INVESTMENTS, LOAN GUARANTEES AND LOANS
BORROWER DESIGNATION MI0043
PERIOD ENDED December, 2013
INSTRUCTIONS - Reporting of investments is required by 7 CFR 1717, Subpart N. Investment categories reported on this Part correspond to Balance Sheet items in PartC. Identify all investments in Rural Development with an 'X' in column (e). Both 'Included' and 'Excluded' Investments must be reported. See help in the onlineapplication.
SECTION III. RATIO
RATIO OF INVESTMENTS AND LOAN GUARANTEES TO UTILITY PLANT [Total of Included Investments (Section I, 11b) and Loan Guarantees - Loan Balance (Section II, 5d) to Total Utility Plant (Line 3, PartC) of this report]
7.91 %
SECTION IV. LOANS
No ORGANIZATION
(a)
MATURITY DATE
(b)
ORIGINAL AMOUNT ($) (c)
LOAN BALANCE ($) (d)
RURALDEVELOPMENT
(e)
1 Employees, Officers, Directors 12/30/2016 24,148 4,559
2 Energy Resources Conservation Loans
TOTAL 24,148 4,559
RUS Financial and Operating Report Electric Power Supply Revision Date 2013
According to the Paperwork Reduction Act of 1995, an agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a valid OMB control number. The valid OMB control number for this information collection is 0572-0032. The time required to complete this information collection is estimated to average 21 hours per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information.
UNITED STATES DEPARTMENT OF AGRICULTURE RURAL UTILITIES SERVICE
FINANCIAL AND OPERATING REPORT ELECTRIC POWER SUPPLY
BORROWER DESIGNATION
PERIOD ENDED
BORROWER NAME INSTRUCTIONS - See help in the online application. This information is analyzed and used to determine the submitter’s financial situation and feasibility for loans and guarantees. You are required by contract and applicable regulations to provide the information. The information provided is subject to the Freedom of Information Act (5 U.S.C. 552)
CERTIFICATION
We recognize that statements contained herein concern a matter within the jurisdiction of an agency of the United States and the making of a false, fictitious or fraudulent statement may render the maker subject to prosecution under Title 18, United States Code Section 1001.
We hereby certify that the entries in this report are in accordance with the accounts and other records of the system and reflect the status of the system to the best of our knowledge and belief.
ALL INSURANCE REQUIRED BY PART 1788 OF 7 CFR CHAPTER XVII, RUS, WAS IN FORCE DURING THE REPORTING PERIOD AND RENEWALS HAVE BEEN OBTAINED FOR ALL POLICIES DURING THE PERIOD COVERED
BY THIS REPORT PURSUANT TO PART 1718 OF 7 CFR CHAPTER XVII (check one of the following)
DATE
All of the obligations under the RUS loan documents have been fulfilled in all material respects.
There has been a default in the fulfillment of the obligations under the RUS loan documents. Said default(s) is/are specifically described in Part A Section C of this report.
Daniel Dasho
December, 2013
X
(Prepared with Audited Data)
MI0043
Cloverland Electric Co-operative
3/28/2014
RUS Financial and Operating Report Electric Power Supply Revision Date 2013
UNITED STATES DEPARTMENT OF AGRICULTURERURAL UTILITIES SERVICE
FINANCIAL AND OPERATING REPORTELECTRIC POWER SUPPLY
BORROWER DESIGNATION
MI0043
INSTRUCTIONS - See help in the online application PERIOD ENDED December, 2013
PART C RE - RENEWABLE GENERATING PLANT SUMMARY
Plant Name
(a)
Prime Mover
(b)
PrimaryRenewableFuel Type
(c)
Renewable Fuel(%)
(d)
Capacity(kW)
(e)
Net Generation(MWh)
(f)
Capacity Factor(%)
(g)Hydro Hydro Hydro 100.00 40710.0 182646.0 51.20
Total: 40710.0 182646.0
RUS Financial and Operating Report Electric Power Supply Revision Date 2013
UNITED STATES DEPARTMENT OF AGRICULTURERURAL UTILITIES SERVICE
FINANCIAL AND OPERATING REPORTELECTRIC POWER SUPPLY
BORROWER DESIGNATION
MI0043
INSTRUCTIONS - See help in the online application PERIOD ENDED December, 2013
PART C RE - RENEWABLE GENERATING PLANT SUMMARY
Plant Name
(a)
Numberof Employees
(h)
Total O&MCost
(mils/Net kWh)(i)
Power Cost(mils/Net kWh)
(j)
Total Investment($1,000)
(k)
PercentageOwnership
(%)(l)
RUS Funding($1,000)
(m)Hydro 11 17 20 11,448 100 11,448
Total: 11 17 20 11,448 11,448
RUS Financial and Operating Report Electric Power Supply Revision Date 2013
UNITED STATES DEPARTMENT OF AGRICULTURERURAL UTILITIES SERVICE
FINANCIAL AND OPERATING REPORTELECTRIC POWER SUPPLY
BORROWER DESIGNATION
MI0043
INSTRUCTIONS - See help in the online application PERIOD ENDED December, 2013
PART C RE - RENEWABLE GENERATING PLANT SUMMARY
Plant Name CommentsHydro
reUNITED STATES DEPARTMENT OF AGRICULTURE RURAL UTILITIES SERVICE
FINANCIAL AND OPERATING REPORT ELECTRIC POWER SUPPLY
PART C - SOURCES AND DISTRIBUTION OF ENERGY
BORROWER DESIGNATION
PERIOD ENDED
INSTRUCTIONS - See help in the online application.
SOURCES OF ENERGY (a)
NO. OF PLANTS
(b)
CAPACITY (kW)
(c)
NET ENERGY RECIEVED BY
SYSTEM (MWh) (d)
COST ($) (e)
Generated in Own Plant (Details on Parts D, E, F IC, F CC, and G)
1. Fossil Steam
2. Nuclear
3. Hydro
4. Combined Cycle
5. Internal Combustion
6. Other
7. Total in Own Plant (1 thru 6)
Purchased Power
8. Total Purchased Power
Interchanged Power
9. Received Into System (Gross)
10. Delivered Out of System (Gross)
11. Net Interchange (9 - 10)
Transmission For or By Others - (Wheeling)
12. Received Into System
13. Delivered Out of System
14. Net Energy Wheeled (12 - 13)
15. Total Energy Available for Sale (7 + 8 + 11 + 14)
Distribution of Energy
16. Total Sales
17. Energy Furnished to Others Without Charge
18. Energy Used by Borrower (Excluding Station Use)
19. Total Energy Accounted For (16 thru 18)
Losses
20. Energy Losses - MWh (15 - 19)
21. Energy Losses - Percentage ((20 / 15) * 100) %
RUS Financial and Operating Report Electric Power Supply – Part C - Sources and Distribution of Energy Revision Date 2013
184,199
4,716,212
0
0
184,199
0
0 0
0
0
0 00
0
0
0
1
100.00
19,400
0
0
0
1,117,048
40,710
December, 2013
4
184,199
1,553
60,110
3,599,164
5
182,646
MI0043
RUS Financial and Operating Report Electric Power Supply – Part E - Hydro Plant Revision Date 2013
UNITED STATES DEPARTMENT OF AGRICULTURE RURAL UTILITIES SERVICE
FINANCIAL AND OPERATING REPORT ELECTRIC POWER SUPPLY
PART E - HYDRO PLANT
BORROWER DESIGNATION
PLANT
PERIOD ENDED INSTRUCTIONS - See help in the online application.
SECTION A. HYDRO GENERATING UNITS
NO. UNIT NO. (a)
SIZE (kW)
(b)
GROSS GENERATION (MWh)
(c)
OPERATING HOURS IN
SERVICE (d)
ON STANDBY
(e)
OUT OF SERVICE SCHEDULED
(f) UNSCHEDULED
(g) 1. 2. 3. 4. 5. 6. Total 7. Station Service (MWh) HYDRAULIC DATA 8. Net Generation (MWh) ITEM (a) MAXIMUM (b) MINIMUM 9. Station Service % of Gross 1. Pool Elevation (ft.)
10. Energy for Pumped Storage (MWh) 2. Tail Race Elevation (ft.)
11. Net Generation after Pumped Storage (MWh) Water Spilled Yes No
SECTION B. LABOR REPORT SECTION C. FACTORS & MAXIMUM DEMAND
NO. ITEM VALUE NO. ITEM VALUE NO. ITEM VALUE
1. No. Employees Full-Time (Include Superintendent) 5. Maintenance
Plant Payroll ($)
1. Load Factor (%)
2. Plant Factor (%) 2. No. Employees Part Time
6. Other Accounts Plant Payroll ($)
3. Running Plant Capacity Factor (%)
3. Total Employee Hours Worked 4. 15 Min. Gross Max. Demand (kW)
7. Total Plant Payroll ($) 5. Indicated Gross Max. Demand (kW)
4. Operating Plant Payroll ($) SECTION D. COST OF NET ENERGY GENERATED
NO. PRODUCTION EXPENSE ACCOUNT NUMBER AMOUNT ($)
(a) MILLS/NET kWh
(b) 1. Operation, Supervision and Engineering 535 2. Water for Power 536 3. Energy for Pumped Storage 536.1 4. Hydraulic Expense 537 5. Electric Expense 538 6. Miscellaneous Hydraulic Power Generation Expense 539 7. Rents 540 8. Operation Expense (1 thru 7) 9. Maintenance, Supervision and Engineering 541
10. Maintenance of Structures 542 11. Maintenance of Reservoirs, Dams and Waterways 543 12. Maintenance of Electric Plant 544 13. Maintenance of Miscellaneous Hydraulic Plant 545 14. Maintenance Expense (9 thru 13) 15. Total Production Expense (8 + 14) 16. Depreciation 403.3, 411.10 17. Interest 427 18. Total Fixed Cost (16 + 17) 19. Power Cost (15 + 18)
Remarks (including Unscheduled Outages)
3,871
1,332,733
December, 2013
19.71
3.12
1,057,247
592,959
11.70
600.10
124,426
182,646.00
615,348
438,816
.14
51.30%
8,758
5.79
X
2,137,870
16.58
445,312
184,097
3,599,164
3,028,587
230,301
4.88
54,357
1.01
Sault Ste. Marie
108,870
579.60
51.29%
258.00
182,904.00 0
22,391
MI0043
28,75840,710 182,904.0010
182,646.00
570,577
2.21403,353
102,363
597.10
0.00%
579.60
40,710 2
0
2.40
11
0
256,276
890,717
314,301
RUS Financial and Operating Report Electric Power Supply – Part F IC - Internal Combustion Revision Date 2013
UNITED STATES DEPARTMENT OF AGRICULTURE RURAL UTILITIES SERVICE
FINANCIAL AND OPERATING REPORT ELECTRIC POWER SUPPLY
PART F IC - INTERNAL COMBUSTION PLANT
BORROWER DESIGNATION
PLANT
PERIOD ENDED
INSTRUCTIONS - See help in the online application. SECTION A. INTERNAL COMBUSTION GENERATING UNITS
NO. UNIT NO. (a)
SIZE (kW)
(b)
FUEL CONSUMPTION OPERATING HOURS OIL
(1000 Gals.) (c)
GAS (1000 C.F.)
(d) OTHER
(e) TOTAL
(f)
IN SERVICE
(g)
ON STANDBY
(h)
OUT OF SERVICE GROSS GENER.(MWh)
(k)
BTU PER kWh
(l) SCHED.
(i) UNSCH.
(j) 1. 2. 3.
4. 5. 6. Total 7. Average BTU Station Service (MWh) 8. Total BTU (106) Net Generation (MWh) 9. Total Del. Cost ($) Station Service % of Gross
SECTION B. LABOR REPORT SECTION C. FACTORS & MAXIMUM DEMAND
NO. ITEM VALUE NO. ITEM VALUE NO. ITEM VALUE
1. No. Employees Full Time(Include Superintendent) 5. Maintenance
Plant Payroll ($)
1. Load Factor (%)
2. Plant Factor (%)
2. No. Employees Part Time6. Other Accounts
Plant Payroll ($) 3. Running Plant Capacity Factor (%)
3. Total Employee Hours Worked 4. 15 Min. Gross Max. Demand (kW)
7. Total Plant Payroll ($) 4. Operating Plant Payroll ($) 5. Indicated Gross Max. Demand (kW)
SECTION D. COST OF NET ENERGY GENERATED
NO. PRODUCTION EXPENSE ACCOUNT NUMBER AMOUNT ($) (a)
MILLS/NET (kWh) (b)
$/106 BTU (c)
1. Operation, Supervision and Engineering 546 2. Fuel, Oil 547.1 3. Fuel, Gas 547.2 4. Fuel, Other 547.3 5. Energy for Compressed Air 547.4 6. Fuel SubTotal (2 thru 5) 547 7. Generation Expenses 548 8. Miscellaneous Other Power Generation Expenses 549 9. Rents 550
10. Non-Fuel SubTotal (1 + 7 thru 9) 11. Operation Expense (6 + 10) 12. Maintenance, Supervision and Engineering 551 13. Maintenance of Structures 552 14. Maintenance of Generating and Electric Plant 553 15. Maintenance of Miscellaneous Other Power Generating Plant 554 16. Maintenance Expense (12 thru 15) 17. Total Production Expense (11 + 16) 18. Depreciation 403.4, 411.10 19. Interest 427 20. Total Fixed Cost (18 + 19) 21. Power Cost (17 + 20)
Remarks (including Unscheduled Outages)
7,861
0.00
366,758
31,851
124.32
0
December, 2013
0.00
4
275
8,760
1
31.97
1,000
219,207.00
3
0.00
9,403.86
2
34.50
3,000
219,207
172,925
9,403.86
.09
691.18
780.55
9,000 1,032
462
59,756
147,551
566.86
8,068
1
42,206
304.00
338.81
408
0
17,599
80,433
505,013
70,987
8,760
Dafter
447,191
8,757
0
MI0043
78,472
3,000
3
37,472
1,000
1,000
95,570
284
2,589
488
647.00
138,720.46
0
0
56267.79 951
5
25,971
14,534.56
56.61%
33.20 624
0
9,888.39
228.05
0
1,961
57,822 89.37
39,092
1
219,207
1.21%
0.00%
RUS Financial and Operating Report Electric Power Supply – Part F IC - Internal Combustion Revision Date 2013
UNITED STATES DEPARTMENT OF AGRICULTURE RURAL UTILITIES SERVICE
FINANCIAL AND OPERATING REPORT ELECTRIC POWER SUPPLY
PART F IC - INTERNAL COMBUSTION PLANT
BORROWER DESIGNATION
PLANT
PERIOD ENDED
INSTRUCTIONS - See help in the online application. SECTION A. INTERNAL COMBUSTION GENERATING UNITS
NO. UNIT NO. (a)
SIZE (kW)
(b)
FUEL CONSUMPTION OPERATING HOURS OIL
(1000 Gals.) (c)
GAS (1000 C.F.)
(d) OTHER
(e) TOTAL
(f)
IN SERVICE
(g)
ON STANDBY
(h)
OUT OF SERVICE GROSS GENER.(MWh)
(k)
BTU PER kWh
(l) SCHED.
(i) UNSCH.
(j) 1. 2. 3.
4. 5. 6. Total 7. Average BTU Station Service (MWh) 8. Total BTU (106) Net Generation (MWh) 9. Total Del. Cost ($) Station Service % of Gross
SECTION B. LABOR REPORT SECTION C. FACTORS & MAXIMUM DEMAND
NO. ITEM VALUE NO. ITEM VALUE NO. ITEM VALUE
1. No. Employees Full Time(Include Superintendent) 5. Maintenance
Plant Payroll ($)
1. Load Factor (%)
2. Plant Factor (%)
2. No. Employees Part Time6. Other Accounts
Plant Payroll ($) 3. Running Plant Capacity Factor (%)
3. Total Employee Hours Worked 4. 15 Min. Gross Max. Demand (kW)
7. Total Plant Payroll ($) 4. Operating Plant Payroll ($) 5. Indicated Gross Max. Demand (kW)
SECTION D. COST OF NET ENERGY GENERATED
NO. PRODUCTION EXPENSE ACCOUNT NUMBER AMOUNT ($) (a)
MILLS/NET (kWh) (b)
$/106 BTU (c)
1. Operation, Supervision and Engineering 546 2. Fuel, Oil 547.1 3. Fuel, Gas 547.2 4. Fuel, Other 547.3 5. Energy for Compressed Air 547.4 6. Fuel SubTotal (2 thru 5) 547 7. Generation Expenses 548 8. Miscellaneous Other Power Generation Expenses 549 9. Rents 550
10. Non-Fuel SubTotal (1 + 7 thru 9) 11. Operation Expense (6 + 10) 12. Maintenance, Supervision and Engineering 551 13. Maintenance of Structures 552 14. Maintenance of Generating and Electric Plant 553 15. Maintenance of Miscellaneous Other Power Generating Plant 554 16. Maintenance Expense (12 thru 15) 17. Total Production Expense (11 + 16) 18. Depreciation 403.4, 411.10 19. Interest 427 20. Total Fixed Cost (18 + 19) 21. Power Cost (17 + 20)
Remarks (including Unscheduled Outages)
0.00
224,451
1,766
87.16
0
December, 2013
331
0.00
6,023
1
22.90
3,000
176,877.00
243
0.00
7,584.11
2
176,877
57,025
7,584.11
21.53 2,583
577.22
584.22
6,000 2,799
27,097
47,574
490.07
14,324
216
136.00
386.19
0
2,191
39,917
267,574
43,983
8,301
Detour
264,368
33.15
0
MI0043
154
39,917
3,284
3,000
27,737
850
458.00
138,699.89
263
0
0
39754.68 594
1,440
16,559.19
49.87%
0
12,767.86
103.87
0
0
3,206 7.00
307
0
176,877
1
1.13%
0.00%
RUS Financial and Operating Report Electric Power Supply – Part F IC - Internal Combustion Revision Date 2013
UNITED STATES DEPARTMENT OF AGRICULTURE RURAL UTILITIES SERVICE
FINANCIAL AND OPERATING REPORT ELECTRIC POWER SUPPLY
PART F IC - INTERNAL COMBUSTION PLANT
BORROWER DESIGNATION
PLANT
PERIOD ENDED
INSTRUCTIONS - See help in the online application. SECTION A. INTERNAL COMBUSTION GENERATING UNITS
NO. UNIT NO. (a)
SIZE (kW)
(b)
FUEL CONSUMPTION OPERATING HOURS OIL
(1000 Gals.) (c)
GAS (1000 C.F.)
(d) OTHER
(e) TOTAL
(f)
IN SERVICE
(g)
ON STANDBY
(h)
OUT OF SERVICE GROSS GENER.(MWh)
(k)
BTU PER kWh
(l) SCHED.
(i) UNSCH.
(j) 1. 2. 3.
4. 5. 6. Total 7. Average BTU Station Service (MWh) 8. Total BTU (106) Net Generation (MWh) 9. Total Del. Cost ($) Station Service % of Gross
SECTION B. LABOR REPORT SECTION C. FACTORS & MAXIMUM DEMAND
NO. ITEM VALUE NO. ITEM VALUE NO. ITEM VALUE
1. No. Employees Full Time(Include Superintendent) 5. Maintenance
Plant Payroll ($)
1. Load Factor (%)
2. Plant Factor (%)
2. No. Employees Part Time6. Other Accounts
Plant Payroll ($) 3. Running Plant Capacity Factor (%)
3. Total Employee Hours Worked 4. 15 Min. Gross Max. Demand (kW)
7. Total Plant Payroll ($) 4. Operating Plant Payroll ($) 5. Indicated Gross Max. Demand (kW)
SECTION D. COST OF NET ENERGY GENERATED
NO. PRODUCTION EXPENSE ACCOUNT NUMBER AMOUNT ($) (a)
MILLS/NET (kWh) (b)
$/106 BTU (c)
1. Operation, Supervision and Engineering 546 2. Fuel, Oil 547.1 3. Fuel, Gas 547.2 4. Fuel, Other 547.3 5. Energy for Compressed Air 547.4 6. Fuel SubTotal (2 thru 5) 547 7. Generation Expenses 548 8. Miscellaneous Other Power Generation Expenses 549 9. Rents 550
10. Non-Fuel SubTotal (1 + 7 thru 9) 11. Operation Expense (6 + 10) 12. Maintenance, Supervision and Engineering 551 13. Maintenance of Structures 552 14. Maintenance of Generating and Electric Plant 553 15. Maintenance of Miscellaneous Other Power Generating Plant 554 16. Maintenance Expense (12 thru 15) 17. Total Production Expense (11 + 16) 18. Depreciation 403.4, 411.10 19. Interest 427 20. Total Fixed Cost (18 + 19) 21. Power Cost (17 + 20)
Remarks (including Unscheduled Outages)
0.00
149,853
1,004
263.00
0
December, 2013
442
0.00
2
26.02
2,400
106,196.00
192
0.00
4,586.81
106,196
17,696
4,586.81
721.27
726.84
2,400 324
461
43,657
458.27
8,244
324
115.00
324.76
0
683
86,002
237,678
18,387
8,244
Manistique
235,855
33.07
0
MI0043
86,002
14,327
16,552
247
327.00
138,700.03
0
0
19233.07 442
819
14,026.94
95.92%
0
10,377.40
133.51
0
0
1,823 5.57
10,943
106,196
1
2.10%
0.00%
RUS Financial and Operating Report Electric Power Supply – Part F IC - Internal Combustion Revision Date 2013
UNITED STATES DEPARTMENT OF AGRICULTURE RURAL UTILITIES SERVICE
FINANCIAL AND OPERATING REPORT ELECTRIC POWER SUPPLY
PART F IC - INTERNAL COMBUSTION PLANT
BORROWER DESIGNATION
PLANT
PERIOD ENDED
INSTRUCTIONS - See help in the online application. SECTION A. INTERNAL COMBUSTION GENERATING UNITS
NO. UNIT NO. (a)
SIZE (kW)
(b)
FUEL CONSUMPTION OPERATING HOURS OIL
(1000 Gals.) (c)
GAS (1000 C.F.)
(d) OTHER
(e) TOTAL
(f)
IN SERVICE
(g)
ON STANDBY
(h)
OUT OF SERVICE GROSS GENER.(MWh)
(k)
BTU PER kWh
(l) SCHED.
(i) UNSCH.
(j) 1. 2. 3.
4. 5. 6. Total 7. Average BTU Station Service (MWh) 8. Total BTU (106) Net Generation (MWh) 9. Total Del. Cost ($) Station Service % of Gross
SECTION B. LABOR REPORT SECTION C. FACTORS & MAXIMUM DEMAND
NO. ITEM VALUE NO. ITEM VALUE NO. ITEM VALUE
1. No. Employees Full Time(Include Superintendent) 5. Maintenance
Plant Payroll ($)
1. Load Factor (%)
2. Plant Factor (%)
2. No. Employees Part Time6. Other Accounts
Plant Payroll ($) 3. Running Plant Capacity Factor (%)
3. Total Employee Hours Worked 4. 15 Min. Gross Max. Demand (kW)
7. Total Plant Payroll ($) 4. Operating Plant Payroll ($) 5. Indicated Gross Max. Demand (kW)
SECTION D. COST OF NET ENERGY GENERATED
NO. PRODUCTION EXPENSE ACCOUNT NUMBER AMOUNT ($) (a)
MILLS/NET (kWh) (b)
$/106 BTU (c)
1. Operation, Supervision and Engineering 546 2. Fuel, Oil 547.1 3. Fuel, Gas 547.2 4. Fuel, Other 547.3 5. Energy for Compressed Air 547.4 6. Fuel SubTotal (2 thru 5) 547 7. Generation Expenses 548 8. Miscellaneous Other Power Generation Expenses 549 9. Rents 550
10. Non-Fuel SubTotal (1 + 7 thru 9) 11. Operation Expense (6 + 10) 12. Maintenance, Supervision and Engineering 551 13. Maintenance of Structures 552 14. Maintenance of Generating and Electric Plant 553 15. Maintenance of Miscellaneous Other Power Generating Plant 554 16. Maintenance Expense (12 thru 15) 17. Total Production Expense (11 + 16) 18. Depreciation 403.4, 411.10 19. Interest 427 20. Total Fixed Cost (18 + 19) 21. Power Cost (17 + 20)
Remarks (including Unscheduled Outages)
0.00
67,325
451
319.33
0
December, 2013
172
0.00
1
29.65
2,000
47,711.00
95
0.00
1,850.25
47,711
7,951
1,850.25
875.74
882.50
2,000 5,239
207
19,614
556.40
3,426
5,239
51.00
394.31
0
307
38,639
106,783
8,261
3,426
Manistique
105,964
13.34
0
MI0043
38,639
6,437
7,437
111
121.00
138,699.40
0
0
9513.34 172
368
15,291.32
90.53%
0
10,757.27
162.10
0
0
819 6.77
4,916
47,711
1
0.98%
0.00%
UNITED STATES DEPARTMENT OF AGRICULTURE RURAL UTILITIES SERVICE
FINANCIAL AND OPERATING REPORT ELECTRIC POWER SUPPLY
PART H - ANNUAL SUPPLEMENT
BORROWER DESIGNATION
PERIOD ENDED
INSTRUCTIONS - See help in the online application. SECTION L. RENEWABLE ENERGY CREDITS
ITEM BALANCE
BEGINNING OF YEAR (a)
ADDITIONS (b)
RETIREMENTS (c)
ADJUSTMENTS AND TRANSFER
(d)
BALANCE END OF YEAR
(e) 1. Renewable Energy Credits
RUS Financial and Operating Report Electric Power Supply – Part H - Annual Supplement Revision Date 2013
930,130
December, 2013
MI0043
(69,312) 929,575374,229 305,472