AI1 of RUS loan 0 been in been RUS loan idax Part D · rus form 7 (rev. 1040) page 4.4 . usda-rus borrower designation ar0029 financial and statistical report period ended 12/2003

We recognize that statements contained herein concern a matter within the jurisdiction of an agency of the United-States

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.

DUFUh'G THE PERIOD COVERED BY THIS REPORT PURSUANT TO PART 1718 OF 7 CFR CHAPTER XVII (check one of the following)

AI1 of the obligations under the RUS loan documents have been fulfilled in all matm'al respects

0 There has been a default in the fulfillment of the obligations under the RUS loan documents. Said default@) idax specifically described in Part D of this report.

L

RUS Form 7 (Rev. 10-00) Pane 1.1

USDA-RUS BORROWER DESIGNATION

ITEM Year-todate Year-todate Year-todate Last Year Ths Year Budget

(a) (b) (c) . Operating Revenue and Patronage Capital 13.680.533 14,605,536 14,305,658 . Power Production Expense 0 0 0

. Transmission Expense 11,638 8,676 10,572 8,462,217 . Cost of Purchased Power 8,565,037 8,697,077

. Distribution Expense - Operation 862,153 7 18,079 813.668

. Distribution Expense -Maintenance 1,101,454 1,093,746 728.444

. Customer Accounts Expense 453,344 506,751 463,716 #. Customer Service and Informational Expense 46.146 10,019 49,140

This Month ( 4

1,003,674 C

523,410 1,042 36,62C 68,414 33,441 1,285

-~ ~ ~~

1. Sales Expense

0. Administrative and General Expense

1. Total Operation 8 Maintenance Expense (2 thru 10) 2. Depredation and Amortimtion Expense 3. Tax Expense - Properly 8 Gross Receipts

4. Tax Expense -Other

5. Interest on Long-Tm Debt

6. Interest Charged to Construction - Credii

7. Interest Expense - Other

8. Other Deductions

9. Total Cost of Electric Selvice (1 1 thru 18) Lo. Patmnage Capital 8 Operating Margins (1 minus 19)

'2. Allowance for Funds Used During Construction

'3. Income (Loss) from Equity Investments

'4. Non Operating Margins - Other

'5 Generation and Transmission Cadhl Credits

'1. Non Operating Margins - Interest

8. Other Capital Credii and Patronage Dividends I 91,3001 54,5311 0 1 C

0. 0 0 0 743,824 775,780 726,962 64,524

11,803,596 11,810,128 11,274.719 728JX 957,600 2,009,285 ~1,320 86,025

0 0 0 0 745 750 744 62

1,431,946 1,392,814 1,500.OOO 118,125 0 0 0 0

8,173 10.916 1.440 4,697 33,857 30,473 33,420 1,639

14,235,917 14,254,366 13,801,643 939,284 ( 555,384) 351,170 504,015 64,390

.115.890 110,714 114,OOO 10.176 0 0 0 C

0 0 0 C 78.624 9,356 6,468 2,741 615.819 305.646 0 305,646

-

7. Extraordinary Items

8. Patronage Capital or Margins (20 thru 27)

. Total Services in Place I 10.4001 10,4821

0 0 0 C 346,249 831,417 624,483 382,952

. Idle Services (Exclude Seasonal) I 8091 7821

ITEM

. New Sewices Connected

. Services Retired

#. Miles Transmission I 19.921 19.921

Year-todate Year-tdate Last Year This Year

(a) (b) 247 302 169 220

. Miles Distribution - Overhead 1,698.51 1,712.1 8

. Miles Distribution -Underground 33.571 37.85 I

. Total Miles Energized (5 + 6 + 7) I 1,752.001 1,769.951

!US Form 7 (Rev. 10-00) Page 1.2

~ I BORROWER DESIGNATION USDA-RUS

FINANCIAL AND STATISTICAL REPORT AR0029

P W O D ENDED

I 12/2003 INSTRUCTIONS-See RUS Bulletin 1717B-2 Part C. Balance Sheet

LIABILITIES AND OTHER CREDITS ASSETS AND OTHER DEBITS

. Total U t i l i Plant in Service 39,137,298

. Construction Workin Pwress 891,849

~ ~~

29. Memberships 129.145

30. Patronage Capital 15,027,169 0

32. O~eratina Mamins - Current Year 711,346 31. Operating Margins - Prior Years . Total Utility Plant (1 + 2) 147

. Accurn. Provision for Depreciation and Amort 10,384,476

. Net Utilii Plant (3 - 4) 29,644,671

. Non-Utili Propertv (Net) 0

~~ ~

33. Non-Operating Margins 158,223

34. Other Margins and E q u i 194,613

35. Total Margins & Equities (29 thru 34) 16,220,496

36. Low-Term Debt- RUS (Net) 8,336,817 . investments in Subsidiary Companies 0

7,591,076 1,862,318

. Invest in Assoc. Org. -Patronage Capital

. invest in Assoc. Om. -Other - General Funds (Payments - Unapplied) 406.833

37. Long-Term Debt- RUS - Econ. Devel. (Net) 0 6,612,965 38. Lona-Term Debt - FFB - RUS Guaranteed

0. Invest in Assoc. Org. - Other - Nongeneral funds 600,229 I. Investments in Economic Development Projects 0 2. Other Investments 74,809

3. soedal Funds 607.667

~~~~ ~ ~

39. Low-Term Debt - Other - RUS Guaranteed 7,938,359

40. Long-Term Debt Other (Net) 0 KTotal Other Propetty 8 Investments (6 thr~ 13) 10,736,099 41. Total Long-Term Debt (36 thnr 40)

43. Accumulated Operating Provisions and Asset Retirement

22,888,141 0 42. Obliiations Under Capital Leases - Noncumt 5. Cash - General Funds 238.844

6. Cash -Construction Funds - Trustee 200 7. SDeCial Deposits 65 Obligations 960,022

: 44. Total Other Noncurrent Liabilities (42 +43) 960,022

45. Notes Payable 1,OOO,O00 8. Temporary Investments 0 9. Notes Receivable (Net) 0 0;Accounts Receivable - Sales of Energy (Net) 1,889,012 46. Accounts Payable 848,181

* 48. Current Maturities Low-Term Debt 691,132 47. consumers Deposits 90,899 1. Accounts Receivable - Other (Net) 40,437

372.469 2. Materials and S u ~ ~ l i i - Electric & Other ~~~

3. Prepayments 31,623 49. Current Maturities Long-Term Debt-Emomic Development 0 50. Current Maturities Capital Leases 0

4. Other Current and A m e d Assets 5. Total Current and Aarued Assets (15 thru 24)

9,561 2.582.21 1

51. Other Current and Acaued Liiablii 52. Total Current & Acaued Liabilities (45 thru 51)

400,174 3,030,386 c

6. Regulatory Assets 0 7. Other Deferred Debits 136.064 8. Total Assets and Other Debits (5+14+25 thnr 27) 43,099,045 53. ~egulatory Liabirnies 0

J 54. Other Deferred Credits 0 ~~~ ~ ~

55. Total Liabilities and Other Credits (35+41+44 +52 thnr 54) 43,099,045

Page 2 :US Form 7 (Rev. 10-00)

Name of Borrower

SOUTH CENTRAL ARK ELEC COOP INC (AR0029)

Deferred Debits: System Study $ 38,702 Rate Study 4,353 Prior Setvice Pension Cos 49,700 Shop Overhead Clearing 1,447 Mapping 39,164 Vehicle Clearing 2,698

Report Year Report Period

2003 12

Unbilled Revenue: Included in Part C, Line.20 $872,627

[RUS Form 7 Page 2.3 1

- BORROWER DESIGNATION USDA-RUS

PLANT ITEM Balance

of Year Beginning Additions Retirements

Iiitribution Plant 32,737,720 1,944,272 300,296

FINANCIAL AND STATISTICAL REPORT

Adjustments Balance and Transfers End of Year

0 34,381,691

AR0029

PERIOD ENDED

;enera1 Plant

leadquarters Plant

itangibles

'ransmission Plant

2,772.41' 688,114 41,873 939 0 729,041

0 0 0 0 1

1,254.1 37 0 0 0 1,254.13

2,627,003 264,809 119,395 0

ITEM

. Electric

. Other

Balance Balance Beginning Purchased Salvaged Used (Net) sold Adjustment End of Year of Year

(a) (b) (4 ( 4 (e) (9 (g) 311,739 471.143 15,101 422,697 10,207 ( 8,382) 356.69i

14,753 7,849 0 3,064 3,582 ( 164) 15.77;

US Form 7 (Rev. 10-00) Page 3.1

ITEM Avg. Hours per Avg. Hours per Avg. Hours per Consumer by Consumer by Consumer by

Cause Cause Cause

Power Suppler Extreme Storm Prearranged (a) (b) (4

. Present Year 0.21 0.00 0.07

. FiveYear Average 0.53 31 54 0.02

Avg. Hours per Consumer by

Cause TOTAL

All Other (dl (e)

4 33 4.61

3.77 35.N

. Number of Full Time Employees

. Employee - Hours W o t I d - Overtime

. Employee - Hours Worked - Regular Time

Payroll - Expensed

. payrdl - capitarued

Payroll - Other

Amount

33

63,236

6,728

864,461

367,349

163,042

- _____ USDA-RUS BORROWER DESIGNATION

ITEM DESCRIPTION This Year (4


Cumulative (b)

AR0029

PERIOD ENDED

,AMOUNT DUE OVER 60 DAYS , AMOUNT WRITTEN OFF DURING YEAR

I 12/2003 INSTRUCTIONS-See RUS Bulletin 171 7B-2 . Part 1. Patronage Capital

99,393 56,276

Distributions

!. Capital Credits

RW2iVed

Part J. Due from Consumers for Electric Service

I A-nt


BORROWER DESIGNATION USDA-RUS

Average cost

(CentSntWh)


Included in lnduded in Total Cost Total Cost

Wheeling and Fuel Cost Other Charges

Adjustment (or credits)

AR0029

PERIOD ENDED

0.00 0.00

t 1 Z2003 INSTRUCTIONSSee RUS Bulletin 171 7B-2 Part K. kWh Purchased and Total Cost

0 (

0 (

ITEM

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

RUS Use Only Supplier

0 (

0 (

0 (

0 (

0 (

0 (

0 (

0 (

~~

1 I Arkansas Elecbic Coop Gorp (AR0034) I 807

2 1 I C

0.00 0.00 0.00 0.00 0.00 0.00 0.00

3.34

-

kWh Purchased Total Cost

0 (

0 (

0 (

0 (

0 (

0 (

0 (

102.1 66 ( 937,093

I 260.558’141 1 8.697.077

01 0

4 0 0 0

5 0 0 0 6 0 0 0 7 0 0 0

8 0 0 0 9 0 0 0

10 0 0 0 11 0 0 0

12 I 0

15 0 0 0 16 0 0 0

17 0 0 0 - 18 0 0 0

19 0 0 - 0 I I I I

201 01 0 I

260,558,141 I 8,697,077

(e) I (r) I (9) 3.34 I 102,166 I ( 937,093

0.00 I

tUS Form 7 (Rev. 10-00) Page 4.1

- USDA-RUS BORROWER DESIGNATION

Name of Lessor Type of p w e w

(4 (b)


Rental The Year (4

AR0029

PERIOD ENDED

I 0 0

~ ~~~

I I 0 0

<US Form 7 (Rev. 10-00) Page 4.2

USDA-RUS


BORROWER DESIGNATION 1 AR0029

PERIOD ENDED

1. Date of Last Annual Meeting

07/18/2003

5. Number of Members Voting by Proxy or Mail

1,617

I 122003

Part M. Annual Meetina and Board Data INSTRUCTIONS-See RUS Bulletin 1717B-2

2. Total Number of Members

7,318

6. Total Number of Board Members

9

3. Number of Members Present at Meeting

10

7. Total Amount of Fees and Expenses for Board Members

168,575

4. Was Quorum Present (Y/N) ?

Y

8. Does Manager Have Written Contract (Y/N) ?

N

:US Form 7 (Rev. 10-00) I Page 4.3

USDA-RUS


BORROWER DESIGNATION

AR0029

PERIOD ENDED

ank for Cooperatives I 01 01 01 0.00

Billed Thk Billed This Balance Year Year

ITEM End of Year Interest Principal

(4 (b) (c) :ural U t i l i i Sewice (Exdudes RUS - Economic Development Loans) 8,336,817 481,206 381,296 lational Rural Utilities Cooperative Finance Corporation 7,938.360 526,664 203,163

Billed This Year

Total (4 862,502.W 729,827.W

I I I I

I 01 01 01 0.00

ederal Financing Bank

!US - Economic Development Loans Nher (List Separately)

I I I I

I 01 01 01 0.00

6,612,965 389,484 83,896 473.380.00 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00

I I I I

I 01 01 01 0.00

0 0 0

I I I I

I 01 01 01 0.00 0 0 0.00 0 0 0.00 0 0 0.00

0 0

OTAL 22,888,142 I

I I I I

01 01 01 0.00

0 0 0.00 0 0 0.00

1,397,354 668,355 2,065,709.00

0.00 I 01 01 01 0.00

0.00

RUS Form 7 (Rev. 1040) Page 4.4


AR0029 FINANCIAL AND STATISTICAL REPORT

PERIOD ENDED

12/2003 INSTRUCTIONS-See RUS Bulletin 171 7B-2 Part 0. Power Requirements Data Base -Annual Summary

Consumer Sales 8 Revenue December Average No. Total Data Consumers Served Year to Date

CLASSIFICATION

(a)

a. No. Consumers Served I 8,311 I 1. Residential Sales

(exduding seasonal) I 103.693.61 4 b. kWh Sold c. Revenue a. No. Consumers Served 872

b. kWh Sold c. Revenue

2. Residential Sales - Seasonal

I 337,025

3. lnigation Sales

4. Comm. and Ind.

IO00 W A or LeSS

5. Comm. and Ind.

Over IO00 KVA

6. Public Street B Highway

Lighting

7. Other Sales to

Public Authorities b. kWh Sold I c. Revenue I .. . ~

a. No. Consumers Served 8. Sales for Resales - RUS B o w e r s b. kwh Sold

c. Revenue

a. No. Consumers Served 0 9. Sales for Resale - Other b. kWh sdd I

F 244,210,606 10. TOTAL No. of Consumers flines

. neslbthnr9b) 12. TOTAL Revenue Received From Sales of Eledric Energy (line IC thru %)

13. Other Electric Revenue

r 14,516,808

14.kWh-OwnUse' . I 15. TOTAL kWh Purchased I 16. TOTAL kWh Generated I

8,705,753

F 53,357 18. I n t e h m e - kWh -Net

Non-coincident_lZ_ Coincident-

RUS Form 7 (Rev. 10-00) Page 5

~ .__- USDA-RUS BORROWER DESIGNATION I 1

Included Excluded Income or Loss Descripbon ($) ($1 ($)

(a) (b) (4 (4 Line No.

I

Rural Development

(e)

E 11

1 Arkansas Electric Cooperative Cw.-patronage 0 7,096,828

2 Arkansas Electric Cooperative Inc-patronage 253,955 0

3 NRUCFC-patronage 0 205,693

National Information Solutions Cooperative 34,600 0 NRUCFCCommercial Paper 0 336,000

Arkansas Electric Cooperative CorpAne of Wi 1,525,018 0

NRUCFCCapital Term Certificates 0 600,229

Arkansas Electric Cooperative Corp.-membership 100 0 Arkansas Electric Coopetalbe Incmembemhip 100 0 NRUCFCmembership 0 1 ,000

NRECAmembenhip 100 0

~~

v 0 0 0 0 0 0 0 0

0 0 0


31

32

33

AR0029

PERIOD ENDED

Chambers Bank, Amity. AR 01 16.022

ElkHomBank 01 9.157

US Bank Arkadelphia, AR

I

I I I I

Total: 4. OTHER INVESTMENTS 74809 0

I 34 I Diamond State Bank, Mutfreesboro, AR I 12,385 ~~

35 I Bank of Deligt, Delight, AR

36 1 First State Bank, Gurdon, AR 01


~ __ USDA-RUS BORROWER DESIGNATION

AR0029 FZNANCIAL AND STATISTICAL REPORT PERIOD ENDED

45 46 47

48

49

I 1 Z2003 INSTRUCTIONS-See RUS Bulletin 171 7B-2

Resale 14,266 0 0 Unpaid Checks Returned 1,585 0 0 EmployeeRetiree Insurance -5,318 0 0

Employee Credit Union 2,911 0 0 . Employee Uniforms 108 0 0

-in@ No.

O M : 9. ACCOUNTS 8 NOTES RECEIVABLE - NET

Description (4

13,552 am 0

I I I

37 I Ark. Diamond Bank, Glenwood, AR I

Sol I

I

I

39 I So. Central Ark Electric Coop.-cash on hand -0 I 40 US Bank, Arkadelphia, ARSec. 125 a c d 0 41 US Bank. Atkadeloha. XaD. Cr. acct 0

- - AR

38 I Bank of Prescott PrescOtt AR I

I otak 6. CASH -GENERAL 18

. SPECW DEPOSITS

. ACCOUNTS & NOTES RECEIVABLE - NET 44 I Ark. !?&-Ins Trust L i i Rock ARdvidends I 01 26.885 I 01

54 55

56

57

58 59

11. TOTAL INVESTMENTS 1,960,011 9,0055,434 0 I I

RUS Form 7 (Rev. 10-00) Page 6 (cl)

~- USDA-RUS BORROWER DESIGNATION

5 6


0 0 0 0

AR0029

PERIOI) ENDED

9 10

1 1 a2003 INSTRUCTIONS-See RUS Bulletin 17 17B-2 7a - Part 11. Loan GwranteeslPart 111. Ratio

0 0 0

Line No.

Organization (a)

I I I

-0TALS 0 'OTAL (induded Loan Guarantees only) 0

Ratio of Investments and Loan Guarantees to Utility Plant Guarantees - Loan Balance (Part II, 56) to Total Utility Plant (Form J , Part C, Line 311

rota1 of lnduded Investments (Pad I, 11 b) and Loan 4.8 % --

US Form 7 (Rev. 1040) Page 7.1

USDA-RUS


INSTRUCTIONS-See RUS Bulletin 17 17B-2 t 1 Z2003 7a - Part IV. Loans


AR0029

PERIOD ENDED

Line No.

1

2

- -

Maturity date (b)

Organization (a)

Original Amount

($1 (c)

Employees, Officers, Directors

Enemv Resource Conservation Loans 0 0 -< I I

31 0

71 .

1 01

I 0

I

01

10 11 12 13

14

15

I

01

I

0 0 0 0 0 0 0 0 0 0 0 0

I I I I I

41 01 01 I I I I I

51 I 01 01

I I 01

01

I

01

RUS Form 7 (Rev. 10-00) Page 7.3

UNITED STATES DEPARTMENT OF AGRICULTURE RURAL UTILITIES SERVICE


AR0029 BORROWER DESIGNATION

PERIOD ENDED 11l2003

BORROWER NAME AND ADDRESS SOUTH CENTRAL ARK ELEC COOP INC

INSTRUCTIONS -For detailed instructions, see RUS Bulletin 1717B-2. This data wiN be used by RUS to review your financial sifuafion. Your response is required (7 U.S.C. 901 et seq.) and may be confidential.

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.



DURING THE PERIOD COVERED BY THIS REPORT PURSUANT TO PART 1718 OF 7 CFR CHAPTER XVII (check one of the following)

0 All of the obligations under the RUS loan documents have been fulfilled in all material respects

0 There has been a default in the fulfillment of the obligations under the RUS loan documents. Said default(s) islare specifically described in Part D of this report.


~

USDA-RUS I BORROWER DESIGNATION

ITEM Y ear-to-date Y ear-to-date Y ear-to-date Last Year This Year Budget

(a) (b) (c) . Operating Revenue and Patronage Capital 12,566,601 13,601,862 13,128,238


This Month ( 4

924,968

AR0029

PERIOD ENDED

I. Power Production Expense

I. Cost of Purchased Power

I. Transmission Expense

i. Distribution Expense - Operation

i. Distribution ExDense - Maintenance

0 0 0 0

7,889,776 8,173,667 7,768,629 615,409

10,497 7,634 9,691 1,007

804,887 681,459 756,779 76,927

1,015,277 1,025,332 681,907 55,138

I. Cost of Purchased Power I

I 7,889,7761 8,173,6671 7,768,629 I 615,409

7,6341 9,691 I 1,007

381,4591 756,779 I 76,927

025,3321 681,907 I 55,138

ITEM Y ear-to-date Last Year

I . New Services Connected I 1961 2571

Year-to-date This Year

!. Services Retired I 1481 2001

M l e s Transmission

j. Miles Distribution - Overhead

r . Miles Distribution - Underground I . Total Miles Energized (5 + 6 + 7)

I. Total Services in Place I 10,3701 10,4571

19.92 19.92

1,695.42 1,708.04 I 7iL :$

33.17 35.73 3-1.' 5 1,748.51 1,763.69

1. Idle Services (Exclude Seasonal) I 8031 7741


USDA-RUS



I AR0029

PERIOD ENDED

1 1 I2003 INSTRUCTIONS-See RUS Bulletin 1717B-2 Part C. Balance Sheet

LIABILITIES AND OTHER CREDITS ASSETS AND OTHER DEBITS 29. Memberships 129,000 30. Patronage Capital 15,027,169

31. Operating Margins - Prior Years 0

. Total Utilitv Plant in Selvice 39,031,696

. Construction Work in Progress

.Total Utility Plant (1 t 2)

. Accum. Provision for Depreciation and Amort.

800,990 39,832,686 10,292,269 32. Operating Margins - Current Year 341,310

33. Non-ODeratina Margins 145,307 . Net Utility Plant (3 - 4) 29,540,417 . Non-Utilitv ProDeW (Net) 0

~~ ~

34. Other Margins and Equities 35. Total Margins & Equities (29 thru 34) 36. Lona-Term Debt - RUS (Net)

194,594 15,837,380 8,567,350

. Investments in Subsidiary Companies 0

7,285,430 . Invest. in Assoc. Ora. - Patronaae CaDital . Invest. in A k c . Org. - Other - General Funds 0. Invest. in Assoc. Org. - Other - Nongeneral Funds 1. Investments in Economic Development Proiects

1,835,794 600,229

0

(Payments - Unapplied) 565,139 0 37. Long-Term Debt - RUS - Econ. Devel. (Net)

38. Long-Term Debt - FFB - RUSGuaranteed 6,728,877 2. Other Investments 74,809 39. Long-Term Debt ~ Other - RUS Guaranteed 8,208,527

0 23,504,754

40. LongTerm Debt Other (Net) 41. Total Lons-Term Debt (36 thru 40)

3. Special Funds 607,666

4. Total Other Prwertv & Investments 16 thru 13) 10,403,928 5. Cash - General Funds 139,255 42. Obligations Under Capital Leases - Noncurrent 0

43. Accumulated Operating Provisions and Asset Retirement Obliaations 946,855

6. Cash - Construction Funds - Trustee 200 7. SDecial Dewsits 65 8.Temporat-y Investments 0 44. Total Other Noncurrent Liabilities (42 t 43) 946,855

45. Notes Payable 1 , ~ , O O o 46. Accounts Pavable 951,009

9. Notes Receivable (Net) 0

0. Accounts Receivable - Sales of Enerw (Net) 2,133,488 ~~

1. Accounts Receivable - Other (Net) 29,808 47. Consumers Deposits 87,224

2. Materials and Supplies - Electric & Other 385,650 48. Current Maturities Long-Term Debt 0 49. Current Maturities Long-Term Debt-Economic Development 0

50. Current Maturities CaDital Leases 0

3. Prepayments 91,053

4. Other Current and Accrued Assets 7,198 5. Total Current and Accrued Assets (15 thru 24) 2.786.717 6. Regulatory Assets 0 51. Other Current and Accrued Liabilities 540,646 7. Other Deferred Debts 136,806 8. Total Assets and Other Debts (5t14t25 thru 27) 42,867,868

52. Total Current B Accrued Liabilities (45 thru 51) 2,578,879 53. Reaulatow Liabilities 0 54. Other Deferred Credits 0

55. Total Liabilities and Other Credits (35t 41 t 44 t 52 thru 54) 42,867,868

Page 2 US Form 7 (Rev. 10-00)


FINANCIAL AND STATISTICAL REPORT qSTRUCTIONS - For detailed msbucbons, see RUS Bullehn 171 7B-2

his data w17/ be used by RUS to review your financial situation Your response IS required 7 U S C 901 et sea ) and may be confidential

~~ ~ ~

CERTIFICATION

AR0029 BORROWER DESIGNATION

PERIOD ENDED 1012003


We recognize that statements contained herein concern a matter within the jurisdiction of an agency of the United States and the making of B false, fictitious or fraudulent statement may render the maker subject to prosecution under Title 18, United States Code Section 1001.





There has been a default in the fulfillment of the obligations under the RUS loan documents. Said default@) islare specifically described in Part D of this report.

1 1 / I 412003 11/14/2003

DATE DATE


USDA-RUS

FINANCIAL, AND STATISTICAL REPORT


AR0029

PERIOD ENDED


9. Other Deductions

3. Total Cost of Electric Service (11 thru 18)

3. Patronage Capital & Operating Margins (1 minus 19)

1. Non Operating Margins - Interest

2. Allowance for Funds Used Durina Construction

t 1012003 INSTRUCTIONS-See RUS Bulletin 17 17B-2

~ ~

968 1,152 1,200 3,19

26,501 25,831 27,850 1,69:

11,979,591 12,252,368 11,548,551 1,016,721

( 406,213) 424,526 426,505 68,52.

96,212 93,089 95,000 6,35:

0 0 0 I

~

Part A. Statement of Operations

3. Income (Loss) from Equity Investments

5. Generation and Transmission Capital Credits

5. Other Capital Credits and Patronage Dividends

7. Extraordinaiy Items

5. Patronage Capital or Margins (20 thw 27)

4. Non Operating Margins - Other

3. Tax Expense - Properly & Gross Receipts I I

0 0 0 I

4,775 6,345 5,390 511 0 0 0 I

91,300 54,531 0 I

0 0 0 I

( 213,926) 578,491 526,895 75,3&

4. Tax Expense - Other I 620 I 625) 620 I 6:

ITEM

New Services Connected

Services Retired

Total Services in Place

5. Interest on Long-Term Debt I 1,187,705 I 1,166,0621 1,250,000 I 117,321

Y ear-to-date Year-to-date Last Year This Year

(a) (b) 196 180

148 168

10.370 10.412

6. Interest Charged to Construction -Credit I 01 01 0 1 I

Miles Distribution -Overhead 1,695.421

Idle Services (Exclude Seasonal) I 8101 7351

Miles Transmission I 19.921 19.921

~~ ~~

Total Miles Energized (5 + 6 +7) I 1,748.51 I 1,760.471


I USDA-RUS BORROWER DESIGNATION

I 10l2003 - INSTRUCTIONS-See RUS Bulletin 1717B-2

Part C. Balance Sheet


~

4. Accum. Provision for Depreciation and Amort. 10,219,406 5. Net Utility Plant (3 - 4) 29,387,192 6. Non-Utilitv Propertv (Net) 0

AR0029

PERIOD ENDED

LlABlLlTlES AND OTHER CREDITS 29. Memberships 129,365

30. Patronaae Capital 15,027,169

31. Operating Margins - Prior Years 0 3. Total Utility Plant (I + 2) 39,606,598 32. Operating Margins - Current Year 479,057 33. Non-Operating Margins 137,587

34. Other Margins and Equities

35. Total Margins 8 Equities (29 thru 34) 194,594

15,967,772

8,801,475 (Payments - Unamliid) 400,638

36. Long-Term Debt - RUS (Net)

=Gents in Subsidiary Companies 0 8. Invest in Assoc. Org. -Patronage Capital 9. Invest in A m . Org. - Other - General Funds

I O . Invest. in A m . Om. -Other - Nongeneral Funds

7,542,956

1,838,791

600,229 37. Long-Term Debt - RUS - Econ. Devel. (Net) 0 11 1. Investments in Economic Development Projects 0 38. Long-Term Debt - FFB - RUS Guaranteed

39. Long-Term Debt - Other - RUS Guaranteed 40. Low-Term Debt Other (Net)

6,728,877 8,208,527

0 12. Other Investments 74,809

13. Soecial Funds 607,667 114. Total Other Property 8 Investments (6 thru 13) 10,664,452 41. Total Long-Term Debt (36 thru 40)

42. Obligations Under Capital Leases - Noncurrent 23,73a,a79

0 43. Accumulated Operating Provisions and Asset Retirement Obligations 933,688 44. Total Other Noncurrent Liabilities (42 + 43) 933,688

15. Cash - General Funds 16. Cash - Construction Funds -Trustee

190,211 200

17. Special Deposits 65 18. TempOraw Investments 0

45. Notes Payable 1,000.oO0 46. Accounts Payable 870,248

19. Notes Receivable (Net) 0

20. Accounts Receivable - Sales of Energy (Net) 2,130,386 21. Accounts Receivable - Other (Net) 33,578 47. consumers Deposits 89,524

EMater ia ls and Supplies - Electric 8 Other 385,052 48. Current Maturities Long-Term Debt 0 49. Current Maturities Long-Term Debt-Economic Development 0

152,538

6,322 b5, Total Current and Accrued Assets (15 thru 24) 2,898,352 50. Current Maturities Capital Leases 0

494,030 51. Other Current and Accrued Liabilities 26. Regulatory Assets 0 27. Other Deferred Debits 144,145 5 2 Total Current 8 A w e d Liabilities (45 thru 51) 2,453,802

53. Regulatory Liabilities 0 54. Other Deferred Credits 0 55.Total Liabilities andother credits (35+ 41 +a + 52 thru 54) 43,094,141



FINANCIAL AND STATISTICAL REPORT INSTRUCTIONS - For detailed instructions, see RUS Bulletin 1717B-2.

This data will be used by RUS to review your t7nancial situatbn Your response is required (7 U.S.C. 901 et seq.) and may be confidential.


BORROWER DESIGNATION AR0029

PERIOD ENDED 912003


0 There has been a default in the fulfillment of the obligations under the RUS loan documents. Said default(s) islare specifically described in Part D of this report.


USDA-RUS



I PERIODENDED

ITEM

. Operating Revenue and Patronage Capital

1. Power Production Expense

;. Cost of Purchased Power

.. Transmission Exoense

912003 INSTRUCTIONS-See RUS Bulletin 17 17B-2

Year-todate Y ear-todate Year-todate Last Year This Year Budget This Month

(a) (b) ( 4 ( 4 10,317,936 11,591,652 10,832,933 1,556,12(

0 0 0 (

6,558,913 6,963,686 6,417,089 860,41;

9.094 5.964 7.929 66:

Part A. Statement of Operations I I

I. Distribution Expense - Operation 679,4991 548,6841 627,001 I 42,041

i. Distribution Expense - Maintenance '. Customer Accounts Expense I 329,4251 397,5921 347,787 I 43,926

898,7051 91 2,1801 568,833 I 131,17:

i. Customer Service and Informational Expense I 35,8091 7,7461 36,855 I 431

I. Sales Expense


1. Total Operation & Maintenance Expense (2 thru 10)

2. Depreciation and Amortization Expense

3. Tax Expense - Property & Gross Receipts

0 0 0 (

535,009 576,380 548,489 56,03:

9,046,454 9,412,232 8,553,983 1,134,681

712,759 752,018 742,920 84,751

0 0 0 (

4. Tax Expense - Other

6. Interest Charged to Construction -Credit I 01 01 0 1 (

5571 5621 558 I 6:

7. Interest Expense - Other I 731 I ( 2,04511 1,080 I 8'

5. Interest on Long-Term Debt

8. Other Deductions I 25,6591 24,1391 25,065 I 5,13:

1,061,4191 1,048,7421 1,125,000 I 118,40(

9. Total Cost of Electric Service (1 1 thru 18) I 10,847,5791 11,235,6481 10,448,606 I 1,343,l I;

10. Patronage Capital &Operating Margins (1 minus 19)

!I. Non Operating Margins - Interest

12. Allowance for Funds Used During Construction

( 529,643) 356,004 384,327 213,00!

87,344 86,737 85,500 7,741

0 0 0 (

13. Income (Loss) from Equity Investments I 01 01 0 1 (

ITEM

14. Non Operating Margins - Other I 4,2201 5,8351 4,851 I 83:

Y ear-todate Year-todate Last Year This Year

(a) (b)

15. Generation and Transmission Capital Credits I 01 01 0 1 (

1. Miles Distribution -Overhead

16. Other Capital Credits and Patronage Dividends I 91,3001 54,5311 0 1 (

1,694.281 1,704.65

17. Extraordinary Items I 01 01 0 1 (

. Miles Distribution - Underground

#. Total Miles Energized (5 + 6 + 7)

32.56

I 1,746.76

18. Patronage Capital or Margins (20 thru 27) I ( 346,779)l 503,1071 474,678 I 221,58!

34.93

1,759.50

. New Services Connected I 1651 1621

1. Services Retired I 1321 1631

;. Total Services in Place I 10,3551 10,3991

.. Idle Services (Exclude Seasonal) I 786 I 7511

I. Miles Transmission I 19.921 19.921

IUS Form 7 (Rev. 10-00) Page 1.2

USDA-RUS



I AR0029

PERIOD ENDED

t 912003 CSTRUCTIONS-See RUS Bulletin 1717B-2


ASSETS AND OTHER DEBITS rota1 Utility Plant in Service 38,582,720 :onstruction Work in Progress 926,563

rota1 Utilitv Plant (1 + 2) 39,509,283 ~~

4ccum. Provision for Depreciation and Amort. 10,207,735 le t Utility Plant (3 - 4) 29,301,548 Uon-Utilitv ProDertv (Net) 0 nvestments in Subsidiaty Companies 0 nvest. in Assoc. Org. - Patronage Capital nvest. in Assoc. Ora. -Other - General Funds

7,542,956 1,268,625

~

Invest. in Assoc. Org. - Other - Nongeneral Funds 600,229 Investments in Economic Development Projects 0 Other Investments 74,809 Special Funds 607,667

Total Other Property & Investments (6 thru 13) 10,094,286 Cash -General Funds 131,083 Cash - Construction Funds - Trustee 200 SDecial DeDosits 65

, Temporary Investments 0 Notes Receivable (Net) 0

, Accounts Receivable - Sales of Energy (Net) 2,768,226 , Accounts Receivable - Other (Net) 40,525 , Materials and Supplies - Electric & Other 383,642 , PreDavments 213,013

, Other Current and Accrued Assets 14,566 Total Current and Accrued Assets (15 thru 24) 3,551,320 Regulatory Assets 0 Other Deferred Debits 148.109

Total Assets and Other Debits (5+14+25 thru 27) 43,095,263

JS Form 7 (Rev. 10-00)

LIABILITIES AND OTHER CREDITS 29. Memberships 129,350

30. Patronage Capital 15,027,169

0 32. Operating Margins - Current Year 410,535 33. Non-ODeratina Marains 130,725

31. Operating Margins - Prior Years

34. Other Margins and Equities 35. Total Margins & Equities (29 thru 34) 36. Long-Term Debt - RUS (Net)

194,512 15,892,291

8,960,965 (Payments - Unapplied) 254,355

0 6,728,877

37. Long-Term Debt - RUS - Econ. Devel. (Net) 38. Lona-Term Debt - FFB - RUS Guaranteed

39. Long-Term Debt - Other - RUS Guaranteed

41. Total Lona-Term Debt (36 thru 40)

8,208,527

0 23,898,369

40. Long-Term Debt Other (Net)

42. Obligations Under Capital Leases - Noncurrent 0 43. Accumulated Operating Provisions 920,521

44. Total Other Noncurrent Liabilities (42 +43) 920,521 45. Notes Payable 1,000,000 46. Accounts Pavable 922,708 47. Consumers Deposits 95,717

0 49. Current Maturities Long-Term Debt-Economic 48. Current Maturities Long-Term Debt

Development 0 50. Current Maturities Capital Leases 51. Other Current and Accrued Liabilities

52. Total Current & Accrued Liabilities (45 thru 51)

0 365,657

2,384,082 53. Regulatory Liabilities 0 54. Other Deferred Credits 0 55. Total Liabilities and Other Credits (35+41 +44 +52 thru 54) 43.095.263

Page 2

4ccording to the Paperwork Reduction Act of 1995. an agency may not conduct or sponsor. and a penon IS not required to respond to. a collection of information unless it displays a valid OMB COntrOl ?umber The valid OMB control number for this information collection is 0572-0032 The time required to complete this information collmon is estimated to average 25 hours per response. including the ime for reviewing instructions, searching existing data sources, gathering and mamtaining the data needed, and completing and revtmng the collection of infwmatron

UNlTED STATES DEPARTMENT OF AGRICULTURE RURAL UTILITIES SERVICE


PERIOD ENDED 812003

NAME AND ADDRESS FINANCIAL AND STATISTICAL REPORT SOUTH CENTRAL ARK ELEC COOP INC

NSTRUCTIONS - For detailed instructions, see RUS Bulletin 171 7B-2.

-his data will be used by RUS to review your financial situation. Your response is required 7 U S.C 901 et sea.) and may be wnfidential.

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.





There has been a default in the fulfillment of the obligations under the RUS loan documents. Said default(s) islare specifically described in Part D of this report.

0911 612003 0911 612003

DATE DATE


USDA-RUS I BORROWER DESIGNATION i

ITEM

1. Operating Revenue and Patronage Capital 2. Power Production Expense

3. Cost of Purchased Power

4. Transmission Expense


Year-todate Year-todate Y ear-todate Last Year This Year Budget This Month

(a) (b) (c) (d) 8,916,307 10,035,526 9,635,214 1,494,48(

0 0 0 (

5,739,799 6,103,269 5,732,678 834,78!

8,332 5,302 7,048 66:

AR0029

PERIOD ENDED


18. Other Deductions

19. Total Cost of Electric Service (1 1 thru 18)



22. Allowance for Funds Used Durina Construction

t 812003 INSTRUCTIONS-See RUS Bulletin 171 7B-2 Part A. Statement of Operations

600 ( 2,126) 960 26!

18,673 19,007 22,280 2,77!

9,573,975 9,892,531 9,301,892 1,347,26!

( 657,668) 142,995 333,322 147,21!

77,781 78,993 76,000 9,40i

0 0 0 (

ITEM

1. New Services Connected

14. Tax Expense - Other 495 I 5001 496 I 6; 15. Interest on Long-Term Debt 930,4271 930,3421 1,Ooo,o00 I 113,lS

1

Year-tcdate Y ear-to-date Last Year This Year

(a) (b) 136 95

116. Interest Charged to Construction - Credit I 01 01 0 1 (

3. Total Services in Place

4. Idle Services (Exclude Seasonal)

5. Miles Transmission

6. Miles Distribution -Overhead

7. Miles Distribution - Underground

8. Total Miles Energized (5 + 6 +7)

10,337 10,337

756 700

19.92 19.92

1,691.42 1,700.95

31.34 34.34

1,742.68 1,755.21

123. Income (Loss) from Eauitv Investments I 01 01 0 1 (

124. Non Operating Margins - Other I 3,521 I 5,0031 4,312 I 1,30:

125. Generation and Transmission Capital Credits I 01 01 0 1 (

126. Other Capital Credits and Patronage Dividends I 8,2061 54,5311 0 1 49,14<

127. Extraordinary Items I 01 01 0 1 (

128. Patronage Capital or Margins (20 thru 27) I ( 568,160) I 281,5221 413,634 I 207,071

12. Services Retired I 121 I 1581

I

Page 1.2 RUS Form 7 (Rev. 10-00)

0

86P'ZgO' 1 spun4 ~ w a u a ~ ) - J a w - ,610 'mssv u! isanul'6

NOUVNDIS3a 83iM08808 snwvasn

UNlTED STATES DEPARTMENT OF AGRlCULTURE RURAL UTILITIES SERVICE


PERIOD ENDED 712003

his data will be used by RUS to review your financral sduation Your response is required 7 U S C 901 et seq) and may be mnfidential

CERTIFICATION

FINANCIAL AND STATISTICAL REPORT NSTRUCTIONS - For detailed instructions, see RUS Bulletin 17178-2.

We recognize that statements contained herein concern a matter within the jurisdiction of an agency of the United States and the makng 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 remct the status of the system to the best of our knowledge and belief.



All of the obligations under the RUS loan documents have been fulfilled in all material respects

0 There has been a default in the fulfillment of the obligations under the RUS loan documents. Said default(s) idare specifically described in Part D of this report.

08/14/2003 08/14/2003 DATE DATE



ITEM Year-to-date Y ear-todate Year-todate Last Year This Year Budget

(a) (b) (c) Operating Revenue and Patronage Capital 7,514,772 8,541,046 8,126,339 Power Production Expense 0 0 0 Cost of Purchased Power 4,882,211 5,268,484 4,870,464 Transmission Expense 7,630 4,639 6,167 Distribution Expense - Operation 549,603 459,034 483,223


This Month ( 4

1,166,39! (

666,051 66:

72,69'

AR0029

PEFUOD ENDED

~~ ~~ ~ ~

Sales Expense

3. Administrattve and General Expense

1 Total Operation & Maintenance Expense (2 thru IO) 2. Depreaatton and Amorhzabon Expense

3 Tax Expense - Property & Gross Receipts

I Tax Expense - Other

5 Interest on Lona-Term Debt

~

0 0 0 (

422,798 455,373 429,507 89,05( 6,873.738 7,130,622 6,504,286 1,022,03: 551,802 583,179 577,320 83,95;

0 0 0 (

432 438 434 6: 815.447 817.186 875.000 116.36!

~

Distribution Expense - Maintenance I 723,3621 622,2761 415,759 I 154,63'

3. Other Deductions

3. Total Cost of Electric Service (1 1 thru 18) 3. Patronage Capital & Operating Margins (1 minus 19) 1. Non operating Margins - Interest

Customer Accounts Expense I 257,768 I 314,3561 270,501 I 38,201

16,899 16,232 19,495 591 8,258,801 8,545,266 7,977,375 1,223,061

( 744,029) ( 4,220) 148,964 ( 56,665 66.835 69.586 66.500 6.08;

Customer Service and Informational Expense I 30,3661 6,4601 28,665 I 73!

3. Income (Loss) from Equity Investments


i. Generation and Transmission Capital Credits

5. Other Capital Credits and Patronage Dividends



0 0 0 (

2,501 3,700 3,773 3! 0 0 0 (

8,206 5,382 0 (

0 0 0 (

I 666.487) 74.448 219.237 I 50.539

5. Interest Charged to Construction - Credit I 01 01 0 1 (

ITEM

New Services Connected

Services Retired

Total Services in Place

Idle Services (Exclude Seasonal)

7. Interest Expense - Other I 483 I ( 2,391)l 840 I 5'

Year-to-date Y ear-todate Last Year This Year

(a) (b) 136 95 121 158

10,337 10,337 798 712

Miles Distribution - Underground

Total Miles Energized (5 +6 +7)

L Allowance for Funds Used Durina Construction I 01 01 0 1 (

31.34 34.42 1,742.68 1,755.48

Miles Transmission I 19.92) 19.921 Miles Distribution - Overhead I 1.691.42 I 1701.141


USDA-RUS

FINANCIAL AND STATISTICAL, REPORT


AR0029

PERIOD ENDED

712003 1 Part C. Balance Sheet


ASSETS AND OTHER DEBITS . Total Utility Plant in Service 38,133,367


0 1.161


32. ODeratins Mamins - Current Year

I. Construction Work in Progress I. Total Utility Plant (1 + 2)

.. Accum. Provision for Depreciation and Amort.

I. Net Utility Plant (3 - 4)

840,964 38,974,331

10,053,739

28,920,592 33. N6-Operating Mat& 111,440

34. Other Margins and Equities 35. Total Mamins & Eauities (29 thru 34)

194,512 15,463,857

1. Non-Utility Property (Net) 0 '. Investments in Subsidiary Companies 0

7,540,754 /. Invest. in Assoc. Ow. - Patronage Capital ~~

36. Long-TermDebt - RUS (Net) * 8,758,643 (Payments - Unapplied) 535,208

0 37. Lonq-Term Debt - RUS - Econ. Devel. (Net) I. Invest. in Assoc. Gig. - Other - General Funds 0. Invest. in Assoc. Om. - Other - Nongeneral Funds

937,315 600,229

38. Long-Term Debt - FFB - RUS Guaranteed 39. Long-Term Debt - Other - RUS Guaranteed

40. Long-Term Debt Other (Net)

6,749,219 8,260,680

0

1. Investments in Economic Development Projects 0 2. Other Investments 74,809

3. Special Funds 607,667 41. Total Long-Term Debt (36 thru 40) 23,768,542 4. Total Other Property 8 Investments (6 thru 13) 9,760,774

5. Cash - General Funds 247,555 6. Cash - Construction Funds -Trustee 3,322 7. Special Deposits 65

42. Obligations Under Capital Leases - Noncurrent 0 43. Accumulated Operating Provisions 894,188 44. Total Other Noncurrent Liabilities (42 + 43) 894,188

45. Notes Payable 0 8. Temporary Investments 0 9. Notes Receivable (Net) 0 '0. Accounts Receivable - Sales of Energy (Net) 2,077.584

46. Accounts Payable 1,064,294 47. Consumers Depostts 96,352 48. Current Maturities Long-Term Debt 0 1. Accounts Receivable - Other (Net) 29,868

'2. Materials and Supplies - Electric & Other 361,947

3. Prepayments 327,932 4. Other Current and Accrued Assets 13,597

49. Current Maturities Long-Term Debt-Economic

Development 0 50. Current Maturities Capital Leases 0

616,336 51. Other Current and Accrued Liabilities 5. Total Current and Accrued Assets (15 thru 24) 3,061,870

52. Total Current & Accrued Liabilities (45 thru 51) 1,776,982 6. Regulatory Assets 0 7. Other Deferred Debits 160.333 53. Regulatory Liabilities 0

54. Other Deferred Credits 0 8. Total Assets and Other Debits (5+14+25 thru 27) 41,903,569 55. Total Liabilities and Other Credits (35+ 41 +44 + 52 thru 54) 41,903569

~

Page 2 US Form 7 (Rev. 10-00)

[JNITED STATES DEPARTMENT OF .4GRICULTURE RURAL UTILITIES SERVICE


PERIOD ENDED 612003

CERTIFICATION

FINANCIAL AND STATISTICAL REPORT INSTRUCTIONS - For detailed Instructions, see RUS Bulletin 171%-2

This data will be used by RUS to review your financial sifuatron Your response IS requrred (7 U S C 901 et seq) and may be conhdentral

We recognize that statenients contained herein concern a matter within the jurisdiction of an agency of the United States and the ~naking of a false, fictitious or fraudulent statement may render the maker subjert to prosecution under Title 18, United States Code Section 1001.

We hereby certify that the entries in t h s report are in accordance with the accounts and other records ofthe system and reflect the status ofthe system to the best of our knowledge nnd belief



DTJRING THE PERIOD COVERED BY THIS REPORT PURSUANT TO PART 1718 OF 7 CFR CHAPTER XVII (check one of the following)

0 All ofthe obligations under the RUS loan documents have been hltilled in all material respects

0 There has been a default in the fulfillment ofthe obligations under the RUS loan documents. Said default(s) idare specifically described in Part D ofthis report

0711 412003 0711 412003

DATE DATE

I

FINANCIAL AND STATISTICAL REPORT I AR0029

PERIOD ENDED r - 612003 NSTRUCTION S-See RUS Bulletin 1717B-2


LIABILITIES AND OTHER CREDITS ASSETS AND OTHER DEBITS Total Utilitv Plant in Service 38,067,073 29 Memberships 129,695

30 Patronaae Caoital 15,027,169 Construction Work in Progress 608,536 Total Utilitv Plant ( I + 2) 38.675 609

~~

31 Operatin4 Marqins - Prior Years 0

Accum Provision for Depreciation and Arnort 9 991,742 32 Operating Margins -Current Year 57,826

33 Non-Operating Margins 105,313

34 Other Margins and Equities 19451 2

35 Total Margins & Equities (29 thru 34) 15,514 515

36 Lona-Term Debt - RUS (Net) 8,727,956

~~

Net Utilitv Plant (3 - 4) 28,683,867 Non-Utility Property (Net) 0 Investments in Subsidiary Companies 0

Invest in Assoc Org - Patronage Capital Invest in Assoc Orq - Other - General Funds

7,540,753 1 079 138 (Payments - Unapplied) 578,925

0 Invest in Assoc Orq - Other - Nonqeneral Funds 600,229 37 Long-Term Debt - RUS - Econ Devel (Net) 0 6,749,220 8,260,680

38 Long-Term Debt - FFB - RUS Guaranteed 39 Lona-Term Debt - Other - RUS Guaranteed

1 Investments in Economic Development Projects 0 2 Other Investments 74.809 ~~

3 Special Funds 607,667 40 Long-Term Debt Other (Net) 41 Total Long-Term Debt (36 thru 40) 42 Obliqations Under CaDital Leases - Noncurrent

0

23,737,856 0

4 Total Other Property & Investments (6 thru 13) 5 Cash - General Funds 6 Cash - Construction Funds -Trustee

9,902,596 40,597 3,322 43 Accumulated Operatinq Provisions 881,021

7 Special Deposits 65 44 Total Other Noncurrent Liabilities (42 + 43) 881,021 45 Notes Pavable 0 8 TemDorarv investments 0

9 Notes Receivable (Net) 0 46. Accounts Payable 916,977 47 Consumers DeDOSitS 94,952 0 Accounts Receivable -Sales of Energy (Net)

1 Accounts Receivable - Other (Net) 2,097,940

27,937 48 Current Maturities Lonq-Term Debt 0 49 Current Maturities Long-Term Debt-Economic Development 0

2 Materials and Supplies - Electric & Other 350,877 3 PreDavrnents 388.838 4 Other Current and Accrued Assets 10,980 50 Current Maturities Capital Leases 0

524,465 1,536 394

51 Other Current and Accrued Liabilities 52 Total Current 13 Accrued Liabilities (45 thru 51)

5 Total Current and Accrued Assets (15 thru 24) 2,920,556 6 Requlatow Assets 0

7 Other Deferred Debits 162,767 53 Regulatory Liabilities 0 54 Other Deferred Credits 0

55 Total Liabilities and Other Credits (35+ 41 + 44 + 52 thru 54) 41,669,786

8 Total Assets and Other Debits (5+14+25 thru 27) 41,669,786

RUS Form 7 (Rev 10-00) Page 2

USDA-RIJS


RORKO\VEK DESIGNATION

I AR0029

ITEM Year-to-date Y ear-to-date Year-to-date Last Year This Year Budget

(a) ( 4 ( 4 1 Operating Revenue and Patronage Capital 6,398,771 7,374,647 6,550,051

This Month

( 4 1,272,09

2 Power Production Expense I 0

17 Customer Accounts Expense I 225,207 1 276.148) 231,858 I 4553

01 0 1

18 Customer Service and Informational Expense I 28,0841 5,7251 24,570 I 30

3 Cost of Purchased Power

4 Transmission Expense

5 Distribution Expense Operation

01

4,136,869 4,602,429 3,969,728 710,18

6 776 3,977 5,286 66

376,903 386,343 41 1,334 56,74

6 Distribution Expense - Maintenance I 558 041

116 Interest Charged to Construction - Credit I 01 01 0 1

467,645 339,222 I 131 60

117 Interest Expense - Other I 362 I ( 2,44211 720 I 8

~

10 Administrative and General Expense

11 Total Operation & Maintenance Expense (2 thru IO)

12 Depreciation and Amortization Expense

13 Tax Expense - Property & Gross Receipts

14 Tax Expense - Other

341,395 366,323 363,481 57 61

5,773,275 6,108,590 5,345,479 1,002,65

471,854 499,222 494,520 83,80

0 0 0 370 375 372 6

I Part B. Data on Transmission and Distribution Plant

15 Interest on Lona-Term Debt I 695 8551 700,821 750.000 116 36

15 Miles Transmission I 19 921 19 92)

18 Other Deductions 15,059 15,636

19 Total Cost of Electric Service (11 thru 18) 6,956,775 7,322,202

20 Patronage Capital & Operating Margins (1 minus 19) ( 558,004) 52,445

21 Non Operating Margins - Interest 57 152 63,499

22 Allowance for Funds Used During Construction 0 0

23 Income (Loss) from Equity Investments 0 0

24 Non Operating Margins - Other 2,481 3,661

25 Generation and Transmission Capital Credits 0 0

26 Other Capital Credits and Patronage Dividends 8,206 5.382

27 Extraordinary Items 0 0

28 Patronaae CaDital or Marains (20 thru 27) I I 490 1651 124 987

16 Miles Distribution - Overhead I 1,682 551 1,700 561

16,710 62

6,607,801 1,203,59

( 57,750) 68,49

57,000 8,38 0 0

3,234 89

0 0 0

2484 I 77 7a

ITEM

1 New Services Connected

2 Services Retired

3 Total Services in Place

4 Idle Services (Exclude Seasonal)


~~~

Y ear-to-date Y ear-to-date Last Year This Year

(a) (b) 109 82

111 152

10,320 10,330

772 1 709

7 Miles Distribution - Underground 8 Total Miles Energized (5 + 6 + 7)

30 81 34 08 1,733 28 1,754 56

UNITED STATES DEPARTMENT OF AGRICULTURE RURAL, UTILITIES SERVICE

FINANCIAL AND STATISTICAL. REPORT NSTRUCTIONS -For detailed instructions, see RUS Bulletin 1717B-2.

%is data will be used by RUS to review your financial situation. Your response is qui red 7 U.S.C. 901 ef seq.) and may be conlidential.

BORROWER DESIGNATION AROMS

PERIOD ENDED 5/2003


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 frauhlent statement may render the maker subject to prosecution under Title 18, United States Code Section 1001.

We hereby certifj. that the entries in this report are in amdance 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 XW, RUS, WAS IN FORCE DURING THE REPORTING PERIOD AND RENEWALS HAVE BEEN OBTAINED FOR Au POLICIES.

DURING THE PERIOD COVERFD BY THIS REPORT PURSUANT TO PART 1718 OF 7 CFR CHAPTER X W (check one of the followng)

0 All of the obligations under the RUS loan documents have been hlfilled in all material respects

0 There has been a default in the filfibnent ofthe obligations under the RUS loan documents. Said default@) idare specifically described in Part D of this report.

06/1 moo3 OW1 6/2003

DATE DATE


I USDA-RUS BORROWER DESIGNATION

7. Customer Accounts Expense

8. Customer Service and Informational Expense

9. Sales Expense

11. Total Operation & Maintenance Expense (2 thru 10)




189,109 230,610 193,215 33,701

23,400 5,420 ' 20,475 25;

0 0 0 (

281,745 308,711 33,990 52,2K

4,655,079 5,105,939 4,404,864 967,47;

392,258 415,413 41 1,720 83,46I

AROMS

PERIOD ENDED

24 Non Operating Margins - Other

25 Generation and Transmission Capital C r d t s

26 Other Capital Credits and Patronage Dvidends

27 Extraordinary Items

28 Patronage Capital or Margins (20 thru 27)

15. Distribution Expense -Operation I 329,596 I 339,445 I 64,021

2,262 2,763 2,695 271

0 0 0 (

8.206 5,382 0 (

0 0 0 (

( 351.4661 47.205 6,047 ( 40.773

16. Distribution Expense - Maintenance I 294,7321 336,042 I 262,685 I 118,2%

113. Tax Expense - Property & Gross Receipts I

I Part B. Data on Transmission and Distribution Plant

RUS Form 7 (Rev 10-00) Page 1.2


FINANCIAL AND STATISTICAL REPORT AR0029

PERIOD ENDED

I 5Mo03 m S - S e e RUS Bull etin 1717B-2 Part C. Balance Sheet

ASSETS AND OTHER DEBITS Total Utility Plant in Service 37,957,430 Construction Work in Progress 579,882

Total Utilitv Plant (1 + 2) 38.537.312

Accurn. Provision for Depreciation and Amort . Net Utilitv Plant 13 - 41

9,915,447 28.621.865

. Nokutilitv Properly (Net) 0

. Investments in Subsidiary Companies

. Invest. in Assoc. Ora. - Patronage Capital 0

7,540,754

. Invest. in Assoc. Org. -Other - General Funds 1,241,292

0. Invest. in Assoc. Org. - Other - Nongeneral Funds 1. Investments in Economic Development Projects

.600,229 0

2. Other Investments 74.809

3. Special Funds 607,667 4. Total Other Propem/ & Investments 16 thru 13) 10.064.751 5. Cash - General Funds 131,519 6. Cash - Construction Funds -Trustee 3,322 7. Special Deposits 65

LIABILITIES AND OTHER CREDITS 29. Memberships 129,700 30. Pabonaae Capital 15,027,169


32. Operating Margins - Current Year ( 10,669)

0

33. Non-Operatino Marains 96,027

34. Other Margins and Equities 35. Total Marains & Eauities 129 thru 341

194,531 15,436,758

36 Long-Term Debt - RUS (Net) 8,579,816

0 6,770,309

(Payments -Unapplied) 747,554

37 Long-Term Debt - RUS - Ecm. Devel. (Net)

38. Loncr-Term Debt - FFB - RUS Guaranteed 39. Long-Term Debt - Other - RUS Guaranteed

41. Total Lona-Term Debt 136 thru 40)

8,312,042 0

23,662,167 40. Long-Term Debt Other (Net)

42. Obligations Under Capital Leases - Noncurrent 0

43. Accumulated Operating Provisions 867,855 44. Total Other Noncurrent Liabilities (42 + 43) 867.855

8. Temporary Investments 0 9. Notes Receivable (Net) 0 0. Accounts Receivable - Sales of Enerw (Net) 1.889.639

45. Notes Payable 0

46. Accounts Payable 967,331

47. Consumers Deposits 94,538

1. Accounts Receivable - Other (Net) 29,581 48. Current Maturities LonkTerrn Debt 0 2. Materials and Supplies - Electric & Other 329,382 3. Prepayments 426,925 4. Other Current and Accrued Assets 5.480 5. Total Current and Accrued Assets (15 thru 24) 2,815,913-

49. Current Maturities Long-Term Debt-Economic Development 0

50. Current Maturities Capital Leases 0

642,706 51. Other Current and Accrued Liabilities

6. Regulatory Assets 0 7. Other Deferred Debits 168,826 8. Total Assets and Other Debits ($1425 lhru 27) 41.671.355

52. Total Current & Accrued Liabilities (45 t h ~ 51) 1,704,575 53. Regulatory Liabilities 0 54. Other Deferred Credits 0

55. Total Lnbilities and Other Credits (35+ 41 + 44 + 52 thru 54) 41,671,355


UNITED STATES DEPARTMENT OF AGRICULTURE RURAL UTLITIES SERVICE

FINANCIAL AND STATISTICAL REPORT NSTRUCTIONS -For detailed instructionS, see RUS Bulletin 1717B-2.

rhis data will be used by RUS to review your financial situation. Your response is required 7 U.S.C. 901 et seq.) and may be confidential.

We recognize that statements contained herein concern a matter within the juriscliction of an agency of the United States and the making of a false, fietitioos or fraudulent statement may render the maker subject to prosecution under Title 18, United States Code Section 1001.


PERIOD ENDED 42003


We hereby ceaify 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 I N FORCE DURING THE REPORTING PERIOD AND RENEWALS HAVE BEEN OBTAINED FOR ALL POLICIES.


All ofthe obligations under the RUS loan documents have been fulfilled in all material respects

0 There has been a default in the fulfillment of the obligations under the RUS loan documents. Said defaufys) idare specifically described in Part D of this report.

DATE DATE


USD A-RUS


-B ulletin 1717B-2


AR0029

PERIOD ENDED

42003

14. Transmission Expense I 4,5781 2,652 I 3,524 I 66

ITEM Year-to-date Year-to-dale Last Year This Year

(a) (b) 1. Operating Revenue and Patronage Capital 4,306,534 5,003,012

2 Power Production Expense 0 0

3 Cost of Purchased Power 2,871,775 3,193,929

Year-to-date Budget This Month

( 4 (dl 4,378,181 1,098.59

0

2,653,443 741,07

, , I I I I

14. Tax Expense - Other I 247 I 354 I 248 I 6

5. Distribution Expense - Operation

6. Distribution Expense - Maintenance

7. Customer Accounts Expense

8. Customer Service and Informational Expense

9. Sales Expense


11. Total Operation & Maintenance Expense (2 lhru IO)


13. Tax ExDense - ProDertv & Gross ReceiDts

115. Interest on Long-Term Debt I 463,0961 468,906 I fmO00 I 119,47

325,523 265,572 267,556 71,64

241,637 217,792 196,148 71,04

154,928 196,906 154,572 39,%

18,670 5,168 16,380 33

225,324 256,448 244,499 59,39

313,174 331,944 328,920 83.29

0 0 0

3,842,435 4,138,467 3,536,122 983,65

0 0 0

16. Interest Charged to Construction -Credit


19. Total Cost of Electric Service (11 thru 18)



22. Allowance for Funds Used During Construction

23. Income (Loss1 from Eauilv Investments

18. Other Deductions

0 0 0 153 ( 2,565) 480 2

7,054 13,282 11,140 7,46

4,626,159 4,950,388 4,376,910 1,193,99

( 319,625) 52,624 1,271 ( 9539;

40,054 27,488 6,50

0 0 0 0 0 0


25. Generation and Transmission Capital Credits

26. Other CaDital Credits and Patronaae Dividends

13. Total Services in Place I 12,5701 10,315 I

2,087 2,484 2,156 59

0 0 0 8.206 5 382 0

14. Idle Services (Exclude Seasonal) I 3 0531 7141



15. Miles Transmission I 191 19 I

0 0 0 ( 269,278) 87,978 41,427 ( 88,297

ITEM

1. New Services Connected

2. Services Retired

Year-to-date Year-todale Last Year This Year

(a) (b) 49 49 89 134

6. Miles Distribution - Overhead

7. Miles Distribution - Underground

8. Total Miles Energized (5 + 6 + 7)

1,680 1,700

30 33

1,731 1,753

I USDA-RUS BOl?.ROVJER DESIGNATION

I 42003 -0NS-See RUS B ulletin 1 7 17E2 Part C. Balance Sheet

FINANCIAL AND STATISTICAL REPORT I AR0029

ASSETS AND OTHER DEBITS 1. Total Utilitv Plant in Service 37,845.214


2. Construction Work in Progress

4. Accum. Provision for Dwreciation and Amok

494,195 38,339,409

9,847.427 3. Total Utility Plant (1 + 2)


31. Operating Margins - Prior Years 0

32. Operatina Marains -Current Year 58,006 15. Net Utility Plant (3 - 4) 28,491,982 33. Non-Operating Margins 68,125

34. Other Margins and Equities 194,531

35. Total Marains & Eauities (29 thru 34) 15,477,821 6. Non-Utility Properly (Net) 0 7. Investments in Subsidiarv ComDanies 0

18. Invest. in~ssoc. ora. - Patronaqe Capital 7,540,753 36. Long-Term Debt - RUS (Net)

37. Long-Term Debt - RUS - Econ. Devel. (Net)

38. Lona-Term Debt - FFB - RUS Guaranteed

8,523,995

(Payments - Unapplied) 867,000 0

6,770,309

19. Invest. in Assoc. Org. - Other - General Funds 1,003,490 IO. Invest. in Assoc. Org. - Other - Nongeneral Funds 600,229 11. Investments in Economic Development Projects 0 12. Other Investments 74,809 39. Long-Term Debt - Other - RUS Guaranteed

40. Long-Term Debt Other (Net) 41. Total Long-Term Debt (36 thru 40)

8,312,042 0

23,606,346 13. Special Funds 607,422 14. Total Other Propertv & Investments (6 thru 13) 9.826.703 15. Cash - General Funds 16. Cash - Construction Funds -Trustee

243,829 3,322

42. Obligations Under Capital Leases - Noncurrent 0 43. Accumulated Operatino Provisions 854,688

117. Special Deposits 65 44. Total Other Noncurrent Liabilities (42 + 43)

46. Accounts Pavable 887,916

854,688 45. Notes Payable 0 18. Temporary Investments 0

19. Notes Receivable (Net) 0 120. Accounts Receivable - Sales of Energy (Net) 1,904,626 47. Consumers Deposits 95,910

21. Accounts Receivable - Other (Net)

22. Materials and Sumlies - Electric & Other

19,689

328.581 48. Current Maturities Long-Term Debt 0 49. Current Maturities Long-Term Debt-Economic Development 0 123. Prepayments 475.478

24. Other Current and Accrued Assets 25. Total Current and Accrued Assets 115 thru 24)

7,620 2.983.210

50. Current Maturities Capital Leases 0

556,012 51. Other Current and Accrued Liabilities 126. Regulatory Assets 0 52. Total Current & Accrued Liabilities (45 thru 51) 1,539,838

27. Other Deferred Debits 176,798

28. Total Assets and Other Debits (!5+14+25 thru 27) 41,478,693

RUS Form 7 (Rev. 1O-00)

53. Regulatory Liabilities 0 54. Other Deferred Credits 0 55. Total Liabilities and Other Credits (35+ 41 + 44 + 52 thru 54) 41,478,693

Page 2

\ccording 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 lumber. The valid OMB control number for this information collection is 0572-0032. The time required to complete this information collection k estimated to average 25 hours per response. including the

UNITED STATES DEPARTMENT OF AGRICULTURE RURAL. UTILITIES SERVICE

1


PERIOD ENDED 312003

FINANCLAL AND STATISTICAL REPORT NSTRUCTIONS - For detailed inskuctions, see RUS Bulletin 1717B-2.

I 'his data wiN be used by RUS to review your financial situation. Your response is required 7 U.S.C. 901 et seq.) and may be confidential.


CERTIFICATION

We recognize that statements contained herein concern a matter within the &isdiction 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 CertifL 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.




0 There has been a default in the fYf~llment ofthe obligations under the RUS loan documents. Said default@) idare specifically described in Part D ofthis report.

DATE DATE



5 Distnbution Expense - Operation

6 Distribution Expense - Maintenance

7 Customer Accounts Expense

8 Customer Service and Informational Expense

FINANCIAL. AND STATISTICAL REPORT

226,787 193,926 180,667 66,N

137,570 146,748 129,611 69,371

117,434 157,405 115,929 36,45 I

14,888 4,834 12,285 34

AR0029

PERIOD ENDED

9 Sales Expense

10 Administratwe and General Expense

11 Total Operation & Maintenance Expense (2 thru IO)

12 Depreciation and Amortization Expense

0 0 0 I , , 170,580 197,054 185,008 72,18

2,788,955 3,154,809 2,636,297 1,104,85

234,398 248,646 246,120 @3,03 I

I

1 14 Tax Expense - Other 185 291 186 33

15 Interest on Long-Term Debt 345,575 349,429 375,000 118,92 1

I I 16 Interest Charged to Construction -Credit 0 0 0

17 Interest Expense - Other

18 Other Deductions 5,700 5,816 8,355 2 3

20 Patronage Capital & Operating Margins (1 minus 19) I ( 177,440) 148,016 50,436 ( 93,955:

21 Non Operating Margins - Interest 31,120 20,984 28,500 6 , s

360 1 I ( 2,594) 90

.19 Total Cost of Electric Service (11 thru 18) 3,374,903 3,756,397 3,266,318 1,309,46 1

113. Tax Expense - Properly & Gross Receipts I ' 01 01 0 1

23 Income (Loss) from Equity Investments

24 Non Operating Margins - Other

25 Generation and Transmission Capital Credits

26 Other Capital Credits and Patronage Dwidends

27 Extraordinary Items

28 Patronage Capital or Margins (20 thru 27)

I

I

I

I

0 0 0 1,722 1,893 1,617 52

0 0 0

8,206 5,382 0 0 0 0

I

' ( 136,392) 176,275 80,553 ( 86,89:

122. Allowance for Funds Used During Construction I ' 01 01 0 1

ITEM year-todate iLast Year

(a)

Year-t&te This Year

(b)

I Part B. Data on Transmiskion and Distribution Plant

2 Services Retired

3 Total Services in Place

4 Idle Services (Exclude Seasonal)

5 Miles Transmission 6 Miles Distribution - Overhead

89 134

12,570 10,315

3,039 683

19 19 1,680 1,700

r I

I

I I

11. New Services Connected I ! 491 491


17. Miles Distribution - Underground I ! 31 33 I 18. Total Miles Energized (5 + 6 + 7) I ! 1,731 I 1,753 I

30RROWER DESIGNATION

AR0029

?ERIOD ENDED FINANCIAL AND STATISTICAL REPORT

312003 -S-See RUS €31111 etin 1717B-2 -

lance Sheet Part C.

ASSETS AND OTHER DEBITS LIABILITIES AND OTHER CREDITS

29. Memberships 130,490 30. Patronage Capital 15,027,169 31. Wratinq Marqins - Prior Years 0

. Total Utilitv Plant in Service 37,814,657 I. Construction Work in Progress 1. Total Utilitv Plant (I + 21

380,542 38.195.199

32. Operating Margins -Current Year 153,397 33. Non-Doeratina Marains 61.031

I. Accum. Provision for Depreciation and Amort

i. Net Utilitv Plant 13 - 41 9,796,652

28.398.547 i. Non-Utility Propem (Net) 0 34. Other Margins and Equities

35. Total Margins & Equities (29 thru 34)

36. Long-Term Debt - RUS (Net)

194,531

15,566,618

9,085,8 4 1

(Pavments - Unawlied) 319,090

'. Investments in Subsidiary Companies 0 I. Invest. in Assoc. Org. - Patronage Capital

I. Invest. in Assoc. Org. - Other - General Funds

0. Invest. in Assoc. Ora. - Other - Nonqeneral Funds

7,540,754 1,241,948

600,229 37. Lons-Term Deb1 - RUS - Econ. Devel. /Net) 0 1. Investments in Economic Development Proiects 0 38. Long-Term Debt - FFB - RUS Guaranteed 6,770,309

39. Long-Term Debt - Other - RUS Guaranteed 40 Lona-Term Debt Other (Net)

8,312,042 0

2. Other Investments 76,956 3. Smia l Funds 607.422

41. Total Long-Term Debt (36 thru 40) 24,168,192 4. Total Other Property & Investments (6 thru 13) 15. Cash - General Funds 16. Cash - Construction Funds - Trustee

10,067,309 418,597

3.322 42. Obligations Under Capital Leases - Noncurrent 0 43. Accumulated Operating Provisions 841,521

7. Special Deposits 65

8. Temporary investments 0 44. Total Other Noncurrent Liabilities (42 + 43) 841,521

45. Notes Payable 0 46. Accounts Payable 966.455

~~~~

#9. Notes Receivable (Net) 0 47. Consumers Deposits 96,360 !O. Accounts Receivable - Sales of Energy (Net)

!I. Accounts Receivable - Other (Net) 2,131,964

13.753 48. Current Maturities Long-Term Debt 0 49. Current Maturities Long-Term Debt-Economic Development 0

50. Current Maturities CaDital Leases 0

~ _ _ _ _ ~

I. Materials and Supplies - Electric & Other

!4. Other Current and Accrued Assets

329,137 !3. Prepayments 540,298

15.603 51. Other Current and Accrued Liabilities 462,912 !5. Total Current and Accrued Assets (15 thru 24) 3,452,739

!6. Regulatory Assets 0 52. Total Current &Accrued Liabilities (45 thru 51) 1,525,727

53. Rectulatorv Liabilities 0 !7 Other Deferred Debits 183.463 54. Other Deferred Credits 0 !8. Total Assets and Other Debits (5+14+25 thru 27) 42,1@,058

55. Total Liabilities and Other Credits (35+ 41 + 44 + 52 thru

54) 42,102,058

:US Form 7 (Rev. 10-00) I Page 2

tccording to the Paperwork Reduction Act of 1995, an agency may not conduct or sponsor, and a umber. The valid OMB control number for this information collection is 0572.GQ32. The time required me for reviewing instructions, searchtng existing data sources, gatherlng and maintaining the data


FINANCIAL AND STATISTICAL REPORT WIRUCTIONS - For detailed instructions, see RUS Bulletin 1737B-2

person is not required to respond to, a collection of informatton unless It displays a valid OM0 control to complete this information collection is estimated to average 25 hours per response, including the

needed, and completing and reviewng the collection of Information.


PERIOD ENDED Z2003 ~~


his data wil l be used by RUS fo review your financial situation Your response is required ' U.S.C. 901 et seq.) and may be confidential.

We recognize that statements contained herein concern of a false, fictitious or fraudulent statement may render

of the United States and the making 18, United States Code Section 1001.

We hereby certify that the entries in this report are in accordance with the accounts d 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 X RENEWALS HAVE BEEN OBTAINED FOR ALL POLICIES.

RUS, WAS IN FORCE DURING THE REPORTING PERIOD AND

DURING THE PERIOD COVERED BY PART 1718 OF 7 CFR CHAPTER XVII

0 All ofthe obligations under the RUS loan documents have been fdfilled in all material respects I

w

RUS Form 7 (Rev. 10-00)

0 There has been a default in the fiWlment of the obligations under the RUS loan documents. Said default(s) idare specifically described in Part D of this report.

DATE

Page 1.1

USDA-RUS



~

~

AR0029

PERIODENDED

(7 Customer Accounts Expense I 76,886 I 120,947 I 77,286 I &,I1

5 Distribution Expense - Operation

18 Customer Service and Informational Expense I 9.6231 4,489 I 8,190 I 1,99

1 49,559 I 127,071 I 113,778 I 52,81

19. Sales Expense I 01 01 0 1

13 Tax Expense - Properly & Gross Receipts

14 Tax Expense - Other

110 Admrnistratrve and General Expense I 105,4541 124,869 I 118,982 I 63,96

0 0 0

124 ( 47) 124 ( IO!

11 1 Total Operation & Maintenance Expense (2 thru IO) I 1,891,5571 2,049,958 I 1,730,150 I 1,063,13

15 Interest on Long-Term Debt I 229,269

I12 Depreciation and Amortization Expense I 156,222 I 165,614 I 164,020 I 82 9s

230,506 250,000 106,8e

17 Interest Expense - Other

18 Other Deductions

19 Total Cost of Electric Service (11 thru 18)

20 Patronage Capital & Operating Margins (1 minus 19)

116. Interest Charged to Construction - Credit I 01 01 0 1 55 ( 2,607) 240 1

2,656 3,511 5,570 1,38

2,279,883 2,446,935 2,150,104 1,254,3C

50,393) 241,969 47,825 150,ll 121 Non Operating Margins - Interest I 15,3531 14,450 I 6,78

I

RUS Form 7 (Rev 10-00) Page 1.2

7 -

PERIOD ENDED

Z2003

- 48 Current Maturities Long-Term Debt 0 49 Current Maturities Long-Term Debt-Economic Development 0 50 Current Maturities Capiial Leases 0

BORROU'ER DESIGNATION


Part

ASSETS AND OTHER DEBITS I LIABILITIES AND OTHER CREDITS

11 Total Utility Plant in Service 37,647.72 1 29. Memberships 130,485

12 Construction Work in Progress 39133 30 Patronage Capital 15,027,169

0 247,350

31 Operating Margins - Prior Years 32 Operatinq Marqins - Current Year

3 Total Utility Plant (1 + 2) 4 Accum Provision for Depreciation and Amort

38,039,26 9.731.1 1

5 Net Utility Plant (3 - 4)

6 Non-Utility Property (Net) 7 Investments in Subsidiary Companies

28,308,14 33 Non-Operating Margins 53,971

34 Other Margins and Equities 194,531 35 Total Marqins & Equities (29 thru 34) 15,653,506

18 Invest in ASSOC Org - Patronage Capital 7,540,75 36 Long-Term Debt - RUS (Net) 9,417,634

0 6,792,142

(Payments - Unapplied) 0

37 Long-Term Debt - RUS - Econ. Devel (Net)

38 Lonq-Term Debt - FFB - RUS Guaranteed

9 Invest in Assoc Org -Other - General Funds

10 Invest in Assoc Or0 - Other - Nonoeneral Funds

2,019,94

602.83 111. Investments in Economic Development Proiects

I12 Other Investments 76,95 I 39. Lonq-Term Debt - Other - RUS Guaranteed 8,358,734 I 40. Long-Term Debt Other (Net) 0 13 Special Funds 606,65

14 Total Other Property & Investments (6 thru 13) 10,847,15 15 Cash - General Funds 90.70

24,568,510

0 43 Accumulated Operatinq Provisions 828,354

41 Total Long-Term Debt (36 thru 40)

42 Obligations Under Capital Leases - Noncurrent 16 Cash - Construction Funds - Trustee 3,32 17 Special Deposits 6 18 Temporary Investments

I 44 Total Other Noncurrent Liabilities (42 + 43) 828,354 I 45. Notes Payable 0 I 46. Accounts Payable 862,308 119. Notes Receivable (Net)

I 47. Consumers Deposits 94,265 20 Accounts Receivable - Sales of Energy (Net) 21 Accounts Receivable - Other (Net)

2,290,75 8.25

~

22 Materials and Supplies - Electric & Other 336,23 23 Prepayments 499,75 24 Other Current and Accrued Assets 15 82

I 51 Other Current and Accrued Liabilities 580,989 25. Total Current and Accrued Assets (15 thru 24) 26. Requlatow Assets

3,244,90

52 Total Current & Accrued Liabilities (45 thru 51) 1,537,562 53 Requlatorv Liabilities 0 27 Other Deferred Debits 187,73

28 Total Assets and Other Debits (5+14+25 thru 27) 42,587.93 54. Other Deferred Credits 0 55. Total Liabilities and Other Credits (35+ 41 + 44 + 52 thru

54) 42,587,932

~~ - RUS Form 7 (Rev. 10-00) Page 2

According to the Paperwork Reduction Act of 1995 an agency may not conduct or sponsor and a number The valid OMB control number for this informahon collection IS 0572.W32 The time required tme for revtewwg instructions, searchtng existlng data sources, gathering and malntaining the data

UNITED STATES DEPARTMENT OF AGRICULTURE

person is not required to respond to, a collection of information unless tt displays a valid OMB control to complete this information collection IS estlmated to average 25 hours per response. including the

needed, and completing and revtewmg the collectJon ot Information


FINANCIAL AND STATISTICAL REPORT INSTRUCTIONS -For detailed mtmchons, see RUS Bullehn 17178-2

ALL INSURANCE REQUIRED BY PART 1788 OF 7 CFR CHAPTER X RENEWALS HAVE BEEN OBTAINED FOR ALL POLICIES.


711, RUS, WAS IN FORCE DURING THE REPORTING PERIOD AND

This data wil l be used by RUS to review your financial situation. Your response is reguired (7 U.S.C. 901 et seq) and may be confidential.

CERTIFICATION

We recognize that statements contained herein concern a matter within the of a false, fictitious or fraudulent statement may render the maker subject to

We hereby cert& that the entries in this report are in accordance with the accounts to the best of our knowledge and belief.

DURING THE PERIOD COVERED BY THIS REPORT URSUANT TO PART 1718 OF 7 CFR CHAPTER XVII (check one o f the following)

jurisdiction of an agency of the United States and the maldng proseeution under Title 18, United States Code Section 1001.

and other records of the system and reflect the status of the system


0 There has been a default in the fulfillment of the obligations under the RUS loan documents. Said default(s) idare specifically described in Part D of this report.

02/19/2003 DATE

Page 1.1

1

USDA-RUS I BOFXOU'ER DESIGNATION

9 Total Miles Energized (5 + 6 + 7 )


1 I2003

1- 1,730 1,751

ITEM Y ear-to-date This Year

(b)

1 New Services Connected 01 2 Services Retired I I 105 I 3 Total Services in Place I I 10,3221 10,295 I 4 Idle Services (Exclude Seasonal) I 1 784) 704 I 5 Miles Transmission I I 191 19 I 5 Miles Distribution -Overhead I 1 1,6801 1,698 I 7. Miles Distribution - Underground I 1 3al 33 I

~ Page 1.2 RUS Form 7 (Rev. 10-00)

USD.4-RUS


RORRO\\%R DESIGNATION

AR0029

PERIOD ENDED

1 I2003 IONS-See RUS B ulletin 1 7 17l3-2

Part C. balance Sheet

LIABILITIES AND OTHER CREDITS 29 Memberships 130,495

ASSETS AND OTHER DEBITS + t

Total Utility Plant in Service 37,543,777

Construction Work in Proaress 329,405 30 Patronage Capital 14,974,438

31 Operating Margins - Prior Years 0

32 Operating Margins - Current Year 91,850

33 Non-Operating Margins 43,674

34 Other Marains and Equities 194,531

Total Utility Plant (1 + 2) 37,873,182

Accum Provision for Depreciation and Amort 9,645,379 I Net Utility Plant (3 - 4) 28,227,803 I Non-Utility Propertv (Net) 0

F

L

Investments in Subsidiary Companies 0 35 Total Marqins & Equities (29 thru 34) 15,434,988

36 Long-Term Debt - RUS (Net)

37 Lonq-Term Debt - RUS.- Econ Devel (Net)

9,490.918 (Payments - Unapplied) 0

0

I Invest in Assoc Org - Patronage Capital 7,540,754 2 088 855 I Invest in Assoc Ora - Other - General Funds

--

0 Invest in Assoc Orq - Other - Nonqeneral Funds 602.837 1 Investments in Economic Development Projects 0 1 38 Long-Term Debt - FFB - RUS Guaranteed 6,792,142

39 Long-Term Debt - Other - RUS Guaranteed

40 LongTerm Debt Other (Net)

8,358,734

0

24,641,794 41 Total Lona-Term Debt (36 thru 40)

2 Other Investments 71,575

3 Special Funds 606,655

4 Total Other Propertv & Investments (6 thru 13) 10 910 676 ' 5. Cash -General Funds 75.217 ~ 42 Obliqations Under Capital Leases - Noncurrent 0 +- 6 Cash -Construction Funds -Trustee 7 Special De~osits

43 Accumulated Operating Provisions 817,488

44 Total Other Noncurrent Liabilities 142 + 43) 817 488 8. Temporary Investments 0~ 45 Notes Favable 0 9. Notes Receivable (Net) O N '0 Accounts Receivable - Sales of Energy (Net) 2.CG5.959 ' 46 Accounts Payable 866,881

47 Consumers Deposits 95,910 '1 Accounts Recelvable - Other (Net) '2 Materials and Supplies - Electric & Other

27,203 359.1 11 ' 48 Lurrent Maturities 1 ong-Term Debt

49 Current Maturities Long-Term Debt-Economic Development 0

0

'3 Prepayments 558,833 14,894

3 045.604 ' b

'4 Othei Current and Accrued Assets '5 Total Current and Accrued Assets (15 thru 24)

50 Current Maturities Capital Leases 0

505.598 51 Other Current and Accrued Liabilities 52 Total Current & Accrued Liabilities (45 thru 51) 1,468,389 '6 Regulatory Assets 0

i

'7 Other Deferred Debits 178,576 '8 Total Assets and Other Debits (5+14+25 thru 27) 42 362.659

0 53 Regulatory Liabilities 54 Other Deferred Credits 0

-

55 Total Liabilities and Other Credits (35+ 41 + 44 + 52 thru 54) 42,362,659


HUS tUHM bl3 10-93

45 2C

1992

25087

25c87

221049

221C49

14578 1

14578 1

239797

q39797

-. -. --. - ...._.-._. -. RURAL UTILITIES $ERVICE WASHINGTON, D. C. 20250

STATEMENT OF LOAN ACCOUNT AND TRANSACTIONS FOR THREE MONTH PERIOD ENDING F EB 28, 2003

- CCOUNT JMBER 11

04200 04200 04200

0420 1 0420 1 0420 1

OB2 10 OB2 10 OB2 10

OB2 12 OB2 12 OB212

1 B220 18220 18220

18222 18222 1 B222

1 ~ 2 3 0 1 ~ 2 3 0

1 ~ 2 3 2 18232

1 B230

18232

18240 16240 18240

1 B242 18242

SOUTH CENTRAL ARK ELEC COOP INC P 0 BOX 476-ATTN:BILL C O N I N E ARKADELPHIA AR 71923

- INT. WTE

I200 -

I200

1200

1200

3500

3500

0500

050c

050c

050c -

DATE OF RANSACT.

BALANCE AS OF

- ;OD 21

00 04 01

00 04 01

00 04 01

00 04 01

00 04 01

00 04 01

oc 04 01

oc 04 01

oc 01 01

oc 01

-

-

INTEREST CURRENT IACCUMULATEC PRINCIPAL

475'

199!

257'

2571

565.

565

293

293

406

406

01 ccmm - 4DING B>

P ANCES NCIPAL

* - MONTHLY BILLED ACCOUNT 1/ ACCOUNT NUMBERS WITH 9 AS THE FIRST DIGIT ARE ADVANCE PAYMENT ACCOUNTS 21 TRANSACTION CODES:

00 OPENING BALANCE 02 ADVANCE OF FUNDS 08 COLLECTION ADJUSTMENT 19 ADJ. TO ADVANCE PAYMENT 01 CLOSING BALANCE AND 04 PAYMENT 09 REAPPFROM ADVANCE ACCOUNT

UNPAID BILLED AMOUNTS 07 ADVANCE OF FUNDS ADJ. PAYMENT ACCOUNT 20 - 29 SEE RUS BUL 20-9;320-12 33 ERC DEFERMENT

* P K 0 0 0 0 3 d 0 0 1 * L R U S 0 6 1 3

RUS FORM 613 10-99

CONTINUED STATEMENT OF LOAN ACCOUNT AND TRANSACTIONS FOR THREE MONTH PERIOD

CCOUNT JMBER 11

18242

18250 18250 18250

18252 18252 18252

18260 18260

18262

18260

18262

18262

18263 18263 18263

182709 18270 18270 18270 18270

18271i 1827 1 1827 1 1827 1 1827 1

1 82732 1 8273 18273 18273

- INT. IATE -

#500

1500

1500

1500

1500

1500

1500

1500

-

DATE OF rRANSACT

- :OC 21

01

00 04 01

00 04 01

00 04 01

00 04 01

00 04 01

00 04 04 04 01

00 04 04 04 01

00 04 04 04

-

-

'RINCIPAL

BALANCE AS OF

* - MONTHLY BILLED ACCOUNT 1/ ACCOUNT NUMBERS WITH 9 AS THE FIRST DIGIT ARE ADVANCE PAYMENT ACCOUNTS 21 TRANSACTION CODES:

REFERENCE NUMBER

00 OPENING BALANCE 02 ADVANCE OF FUNDS 08 COLLECTION ADJUSTMENT 19 ADJ. TO ADVANCE PAYMENT 01 CLOSING BALANCE AND 04 PAYMENT 09 REAPP FROM ADVANCE ACCOUNT

UNPAID BILLED AMOUNTS 07 ADVANCE OF FUNDS ADJ. PAYMENT ACCOUNT 20 - 29 SEE RUS BUL. 20-9;320-12 33 ERC DEFERMENT

nu.3 I " n l w u I O

10-99


DATE OF RANSACT

- :oc 21

01

00 04 04 04 01

00 04 04 04 01

00 04 04 04 01

00 04 04 04 01

00 04 04 04 01

00 04 04 04 01

- RIG -

1

1

1

1

1

1

1 1

IPAL

BALANCE AS OF

* - MONTHLY BILLED ACCOUNT 11 ACCOUNT NUMBERS WITH 9 AS THE FIRST DIGIT ARE ADVANCE PAYMENT ACCOUNTS 21 TRANSACTION CODES:

- - OC IN 9 -

1

1

1

1

1

1

ANCES INCIPAL


UNPAID BILLED AMOUNTS 07 ADVANCE OF FUNDS ADJ. PAYMENT ACCOUNT 20- 29 SEE RUS BUL. 20-9;320-12 33 ERC DEFERMENT

* P K 0 0 0 0 3 8 0 0 2 * LRUS0613

RUS FORM 613 10-99


- CCOUNT UMBER 1,

18296 16296

18296 1 8296

18296

1 8297 16297 18297 18297 18297

18298

18298 18298

16298

1 B298

9D990 9D990

9J990 9J990

9M990 9M990

94990 94990

- INT. U T E - ,537

,525

,525

,500

,500

,500

I200

-

- >ATE OF RANSACT

L

- :OD 21

30 34 34 34 31

30 04 D4 34 D1

DO 04 04 04 D l

-

DO D 1

DO D 1

00 D l

DO 01

m - L 2 2

1 1

3 B 6

2 3 4

9 7 D

SUt

IPA -

3: 3f 9;

Ot 01 01

2 4 6

3 2 1

6 8 5

BALANCEASOF F E B 28, 2003

' - MONTHLY BILLED ACCOUNl 11 ACCOUNT NUMBERS WITH 9 AS THE FIRST DIGIT ARE ADVANCE PAYMENT ACCOUNTS 21TRANSACTlON CODES:



V V A a n l N U I UN, U. C;. 20250 STI AEKT OF LOAN ACCOUNT AND

TRANSACTIONS FOR THREE MONTH PERIOD ENDING

C C O U M UMBER 1 /

04200 04200

04201 0420 1

OB210 OB210 OB2 10

OB212 OB21 2 OB212

18220 18220 18220

18222 18222 18222

18230 i s 2 3 0 1 ~ 2 3 0

le232 18232 18232

18240 18240 1 B240

1 ~ 2 4 2 18242 18242

SOUTH CENTRAL ARK E L E C COOP INC P 0 BOX 476-ATTN:BILL C O N I N E

INT. RATE

0200

0200

0200

0200

0500

0500

0500

0500

0500

0500

ARKADELPHIA AR

- :OD 2! - 00 01

00 01

00 09 01

00 09 01

00 09 01

00 09 01

00 09 01

00 09 01

00 09 01

00 09 01

71923

INTI CURREN'

276

i 127 I 12436

12436

i i I

d i 89 1 I

I A1891 I

I I

i

I

:CT

illNClPAL

446

206

258

258

567

567

293

293

77

3 1

28

28

58

93

47

47

33

33

BALANCE AS OF

* - MONTHLY BILLED ACCOUNT l! ACCOUNT NUMBERS WITH 9 AS THE FIRST DIGIT ARE ADVANCE PAYMENT ACCOUNTS 2! TRANSACTION CODES:

MAY 31, 2003

REFERENCE NUMBER I 205029 1 OUTS1 .INTEF

JDING BALANCES PRINCIPAL

446677 446677

206331 23633 1

4832539

45744 1 1

4832539

457441 1

7370229

683257 1

7370229

680257 1

1534648

1241201

1534648

124 1201


UNPAID BILLED AMOUNTS 07 ADVANCE OF FUNDS ADJ. PAYMENT ACCOUNT 20 - 29 SEE RUS BUL 20-9;320-12 33 ERC DEFERMENT

1 2 3 4 5 6 1 1 9 0 1 2 3 L I U S O 6 1 3

10-99

CCOUNT JMBERII

113250 18250 113250

18252 113252 1 e252

15260

18260

15262 18262 15262

le263 18263 18263

16260

18270W500 18270 15270 113270 113270

11327 1 527 1 1 e27 1 11327 1 1527 1

15273:'r0500 18273 15273 18273 15273


INT. RATE

3500

3500

0500

0500

3500

l a 5 0 0

DATE OF FRANSACT.

- :OD 21 - 30 39 3 1

30 39 3 1

30 39 31

30 09 01

00 99 01

00 04 04 09 01

00 04 0 4 09 01

00 04 04 09 01

;ST X U M U L A m PRINCIPAL

BALANCE AS OF

- MONTHLY BILLED ACCOUNT

1/ ACCOUNT NUMBERS WITH 9 AS THE FIRST DIGIT ARE ADVANCE PAYMENT ACCOUNTS 2/TRANSACTlON CODES:

1 205029 I REFERENCE NUMBER

?DING BALANCES PRINCIPAL

I 4 1 14741

I 3866370

13927730

13677032

59700357

5894 1443

52253330

j 1 5 8 9 0 ~ 4

7775497

7676929

27744958

27477754

30765860

3047 1044

52736328

52230978

!

00 OPENING BALANCE 02 ADVANCE OF FUNDS OB COLLECTION ADJUSTMENT 1 9 ADJ. TO ADVANCE PAYMENT 01 CLOSING BALANCE AND 04 PAYMENT 09 REAPP FROM ADVANCE ACCOUNT

UNPAID BILLED AMOUNTS 07 ADVANCE OF FUNDS ADJ. PAYMENT ACCOUNT 20 - 29 SEE RUS aut- 20-9;320-12 33 ERC DEFERMENT

10-99

CONTINUED S I ATEMEM OF LOAN ACCOUNT AND TRANSACTIONS FOR THREE MONTH PERIOD

18280 18280 18280

1828 1 $~05c( 1828 1 1828 1

1 e28 1

1 8283k050c

1 8283

1 82905:0600 18290 18290 1 e290 I 8290

I B29 15'3537

829 1 829 1 829 1

B 2 9 3 w 3 7 8293 8293 8293 1

1 8280

1 e28 1

1 8283 1 B283

18283

I829 1

4CCOUNT INT. DATE OF CI IUMBERII RATE TRANSACT. :

1 8280~:0500 022833 o 033103 0 043033 0 053133 0 ,053133 0

- C l -

i

i

C a

4 5

7 7 7

-

21pa1

* - MONTHLY BILLED ACCOUNT

I/ ACCOUNT NUMBERS WITH 9 AS THE FIRST DIGIT ARE ADVANCE PAYMENT ACCOUNTS 2/ TRANSACTION CODES.

REFERENCE NUMBER

,NDING BALANCES PRINCIPAL

13980 1 134

138'9 10 170

4201 1

00 OPENING BALANCE 02 ADVANCE OF FUNDS 08 COLLECTION ADJUSTMENT 19 ADJ. TO ADVANCE PAYMENT 01 CLOSING BALANCE AND 04 PAYMENT 09 REAPPFROM ADVANCE ACCOUNT UNPAID BILLED AMOUNTS 07 ADVANCE OF FUNDS ADJ PAYMENT ACCOUNT

20 - 29 SEE RUS BUL. 20-9.320-12 33 ERC DEFERMENT 1 2 3 4 5 6 7 6 9 0 1 2 3 L R U S 0 6 1 3

REA FORM 696 REV 1-74

1 I3298 05 31 1 B298 05 31

U.S. DEPARTMENT OF AGRICULTURE RURAL ELECTRIFICATION ADMINISTRATION

WASHINGTON D.C. 20250

03 09 3 560 63 1 O// 32 03 01 797 466 98

s u B I O I A L 9 327 370 65

CONTINUED STATEMENT OF LAON ACCOUNT AND TRANSACTIONS FOR THREE MONTH PERIOD

J l V l J J V

9M990

94990 94990

8

REFERENCE 1 o5 02i 1 NUMBER

579 364 18

1 o m

CCOUNT UMBERrl

04200 04200 04200

04201 0420 1 0420 1

OB210 OB210 06210

08212 OB2 12 082 12

18220 18220 18220

113222 18222 18222

le230 1 a230

i w t

I ~ 2 3 2

1 t m o

1 B230

18232

18240 18240

16242 l"B242

RURAL UTILITIES SERVICE copy WASHINGTON, D. C. 20250

STH i ZMENT OF LOAN ACCOUNT AN0 TRANSACTIONS FOR THREE MONTH PERIOD ENDING A UG 3 1 , 200 3

RATE

020c

020C

0200

0200

0500

0500

0500

0500

0500

OS00

SOUTH CENTRAL A R K E L E C COOP INC P 0 BOX 476-ATTN:BILL CONINE ARKADELPHIA AR 71923

DATE OF TRANSACT

09 01

00 09 01

00 09 01

00 09 01

00 09 01

00 09 01

00 09 01

00 09 01

00 09 01

00 09

14167C

14167c

REFERENCE NUMBER

BALANCE AS OF I

a - hrKJNl'HLY 8lLLEtJ ACCOUNT

l l ACCOUNT NUMBERS WITH 9 AS THE FIRST DIGIT ARE ADVANCE PAYMENT ACCOUNTS 2/TRANSACYlON CODES. 00 OPENING BALANCE 02 ADVANCE OF FUNDS 08 COLLECTION ADJUSTMENT 19 ADJ. TO ADVANCE PAYMENT 01 CLOSING BALANCE AND 04 PAYMENT 09 REAPP FROM AOVANCE ACCOUNT

20 .29 SEE RUS BUL. 20-9:320*12 fa-2 CUP nEEFRMFNT

UNPAID B I W D AMOUNTS 07 ADVANCE OF FUNDS PUI. PAYMEN'I' ACCOUNT

UMBER11 RATE

CONTINUEL, 6TATEMENT OF LOAN ACCOUNT AND TRANSACVONS FOR THREE MONTH PERIOD

NUMBER 1 205029 1 - DATE OF rRANsAcT

Y

no0 21 - 31

00 09 i)l

DO 09 01

00 09 01

00 09 01

00 09 01

00 09 09 09 01

00 09 09 09 01

00 09 09 09 -

INTEREST CUHHENI Y\(;(;UMUIATEI

174754

172358

742823

650 i 53

967 50

112923 116295 115916

2 14648

BALANCE AS OF

' - MONTHLY BIUED ACCOUNT l/ACCOUNT NUMBERS WITH M AS THE FIRST DIGIT ARE ADVANCE PAYMENT ACCOUNTS zi TRANSACTION CODES:

WING BALANCES PRINCIPAL

00 OPENING BAIANCE 02 ADVANCE OF FUNDS 08 COUECTlON ADJUSTMENT 19 ADJ. TO ADVANCE PAYMENT 01 CLOSING BALANCE AND M PAYMENT 04, IXAPP FROM ADVANCE ACCOUNT

M - 29 SEE RlfS RlJL 704,320-13 33 ERG DEFERMENT

UNPAID BILE0 AMOUNTS 07 ADVANCE OF FUNDS ADJ. PAYMENT ACCX3UNT

RUS FORM 813 10.99

CONTINUED S i mTEMENT OF LOAM ACCOUNT AND TRANSACTIONS FOR THREE MONTH PERIOD

- DATE OF TR AN$ ACX

- 30t 2/

01

00 09 09 09 01

00 09 09 09 01

00 09 09 09

-

01

00 09 09 09 01

00 09 09 09 01

00 09 09 09 Q 1

-

PRINCIPAL

6350 5744 577 1

70 63 64

BALANCEASOF

* - MONTHLY BILLED ACCOUNT

1/ ACCOUNT NUMBERS WITH 9 AS THE FIRST DIGIT ARE ADVANCE PAYMENT ACCOUNTS 2/ TRANSACTION CODES:

REFERENCE NUMBER

00 OPENING BALANCE 02 ADVANCE OF FUNDS 08 COUECTION AOJUSTMENT 19 ADJ. TO ADVANCE PAYMENT 01 CLOSING BALANCE AND 04 PAYMENT 08 REAPPFROM ADVANCE 4CCY)UN'I

20 - 29 SEE RUS BUL 20-9.320-12 33 ERG DEFERMENT

UNPAID BILLED AMOUNTS 07 ADVANCE OF FUNDS ADJ PAYMENT ACCOUNT . .-

ULI C U CUUd 1 J : C b I-K U b U H - KU-I"Ibb d 1 4 43/ 4 C U 4 I u Y I u f w c 4 b u ~ ~ d r . u4/ w 4 REA W R M B 1 3 U.S. D E p m OF AOWUUURE 70.99 RURALUTIUTeSGERVICE

WASHIMGT0ND.C. 20250 CONTINUED STATEMENT OF LOAN ACCOUNT AND TRANSACTIONS FOR THREE MONTH PEfUOO

1 BALANCE AS OF AUG 31,2003

REFERENCE NUMBER

I 8 ) 8111 6171 281

‘4US i - JKM 613 10-99

~

21516

21516

202292

202292

136426

136426

227267

2 27 267

169715

167 329

V. Q. U L T ~ ~ I IYICI’I I v r nuniluuLi unc RURAL UTILITIES SERVICE WASHINGTON, D. C. 20250

STATEMENT OF LOAN ACCOUNT AND TRANSACTIONS FOR THREE MONTH PERIOD ENDING NOV 30, 2003

260974

260974

584278

584278

302389

302389

418788

418788

2565 36

258926

SOUTH CENTRAL ARK ELEC COOP INC P 0 B O X 476-ATTN:BILL C O N I N E

43

431

064

064

823

78

823

78

36

- CCOUNT JMBER 11

O B 2 1 0 OB210 OB2 10

082 12 OB2 12 OB2 12

18220 18220 18220

18222 18222 18222

18230 18230 18230

18232 18232 18232

18240 18240 1 8240

18242 18242 18242

18250 18250 1 e250

18252 16252

1498 1

4054007

4981

4054007

6227760

5643482

6227760

5643482

0944056

1667

0944056

1667

1284

12496

1284

12496

14869

3358333

ARKADELPHIA AR

- INT. 3ATE - 3200

3200

3500

3500

3500

9500

350c

050c

050c

050c -

- ?ATE OF RANSACT

BALANCE AS OF

- :OD 21 - 00 09 01

00 09 01

00 09 01

00 09 01

00 09 01

00 09 01

00 09 01

oc 05 01

oc os 01

oc - os

7 1923

INTEREST CURRENT IACCUMULATE[

REFERENCE 1 205029] NUMBER

OUTS1 PRINCIPAL ACCUM. INTER

IDING BALANCES PRINCIPAL

- MONTHLY BILLED ACCOUNT 11 ACCOUNT NUMBERS WITH 9 AS THE FIRST DIGIT ARE ADVANCE PAYMENT ACCOUNTS 21 TRANSACTION CODES.


UNPAID BILLED AMOUNTS 07 ADVANCE OF FUNDS ADJ PAYMENT ACCOUNT 20 - 29 SEE RUS BUL. 20-9.320-12 33 ERC DEFERMENT

*LZ00004540~+ L R U S 0 6 1 3

RUS FORM 613 10-99


- DATE OF RANSACT

- :OC 21 -

01

00 09 01

00 09 01

00 09 01

00 09 09 09 01

00 09 09 09 01

00 09 09 09 01

00 09 09 09 01

2 12544 2 18879 211118

567 156 5847 19 56463 1

~

'RINCIPAL

BALANCE AS OF

* - MONTHLY BILLED ACCOUNT 11 ACCOUNT NUMBERS WITH 9 AS THE FIRST DIGIT ARE ADVANCE PAYMENT ACCOUNTS 2/ TRANSACTION CODES.

REFERENCE I 205029 1 NUMBER

- 01

CCUM. Ih (LANCES IINCIPAL


UNPAID BILLED AMOUNTS 07 ADVANCE OF FUNDS ADJ. PAYMENT ACCOUNT 20 - 29 SEE RUS BUL. 20-9.320-12 33 ERC DEFERMENT

RUS FORM 613 10-99


c- JMBERlI RATE

- )ATE OF RANSACT

INTEREST

2 37 213 2 35

2 49959 257932 249243

97843

PRlC -

i 2 2

PAL

BALANCE AS OF

* - MONTHLY BILLED ACCOUNT 11 ACCOUNT NUMBERS WITH 9 AS THE FIRST DIGIT ARE ADVANCE PAYMENT ACCOUNTS 21 TRANSACTION CODES.

REFERENCE -1 NUMBER

OUTS CCUM. INTEF

ANCES NCIPAL



+ L Z , 0 0 0 0 4 5 4 0 2 * L R U S 0 6 1 3

RUS FORM 613 10-99


REF ERE N C E NUMBER

- CCOUNT UMBER 11

- INT. 3ATE PRINCIPAL

INTE CURRENT

EST CCUMULATEI

OUTS CCUM. INTEF

JDING BALANCES PRINCIPAL -

9

9

3

9

1

5

- 4 _I

- 1

a a d

d

7 d

- 1 4

1 0 2

1 5 0 1 0 9

18297 18297 18297

18298: 1 ~ 2 9 8 18298 18298 18298

90990 90990

9J990 9J990 9J990 9J990 9J990 9J990 9J990 9J990 9J990

9M990 9M990

94990 94990

,500

,500

,500

,200

;69l07t BALANCE AS OF NOV 30, 2003

- MONTHLY BILLED ACCOUNT I/ACCOUNT NUMBERS WITH 9 AS THE FIRST DIGIT ARE ADVANCE PAYMENT ACCOUNTS 2/ TRANSACTION CODES.


UNPAID BILLED AMOUNTS 07 ADVANCE OF FUNDS ADJ. PAYMENT ACCOUNT 20 - 29 SEE RUS BUL. 20-9:320-12 33 ERC DEFERMENT

Documents

AI1 of RUS loan 0 been in been RUS loan idax Part D · rus form 7 (rev. 1040) page 4.4 . usda-rus borrower designation ar0029 financial and statistical report period ended 12/2003