Fillable Fcc 492 - Rate-Of-Return Report (Page 2 of 2) in pdf

FCC 492

General Instructions

A. This report is prescribed under authority of Sections 4(i), 4(j) and 205 of the Communications Act of 1934, as amended. FCC 492 shall be filed in

triplicate with the Federal Communications Commission, Washington, D.C. 20554, within three (3) months after the end of each calendar year by each

local exchange carrier or group of affiliated carriers which is not subject to Sections 61.41 through 61.49 of the Commission’s Rules and which has filed

individual access tariffs during the enforcement period. One copy is to be filed with the Office of the Secretary, 445 12

Street, S.W., Room TW-B204,

Washington, D.C. 20554 and two copies with the Industry Analysis and Technology Division, Wireline Competition Bureau, 6-A162.

B. The data shall be aggregated at the same jurisdictional levels as the tariffs. An additional six (6) months from the initial due date, will be allowed for

each local exchange carrier or group of affiliated carriers which is not subject to Sections 61.41 through 61.49 of the Commission’s Rules to correct their

complete enforcement period report.

C. All instructions shall be followed. All questions and statements must be completed. If proper answer is “none” or “not applicable,” insert that answer.

D. Any data that requires clarification should be footnoted and fully explained in the Remarks section below. If the space provided is insufficient for the

required data or it is otherwise necessary or desirable to insert additional statements or schedules, the insert pages should include the name of the

respondent and the time period covered, in a style of conforming as nearly as practicable to that appearing on the regular page.

E. All amounts of money shall be shown in the thousands of dollars. Losses or other negative Items shall be shown in parenthesis. Rates of return shall

be shown to the nearest hundredth.

F. Revenues should include only revenues earned during the report period. Costs should also reflect only those costs incurred in the report period.

G. Interstate adjustments to rate base, expenses and revenues shall be based upon FCC Docket 19129 and other relevant Commission orders, if applicable

to the reporting entity.

Specific Instructions (referenced to item numbers on form)

H. Item 3. Particulars

Column A - Interstate Access. The dollar amounts in column A should equal the sum of the dollar amounts in columns B through F for both the current

year and cumulative periods. Likewise, the rates of return in column A shall equal the weighted average of the rates of return in columns B through F.

Line 1 - Total Revenues – (earned during the report period) shall include service revenues, interest during construction, if applicable, and miscellaneous

operating revenues less uncollectibles.

Line 2 – Total Expenses and Taxes – shall include operating expenses, depreciation, amortization, other expenses, interstate allowances and disallowances

if applicable, as well as all taxes.

Line 4 – Rate Base (Average Net Investment) shall include accounts 2001, 2002, 2003, 2005, 1410, 1438, Cash and Working Capital as developed

pursuant to CC Docket 86-497, less accounts 3100, 3200, 3410, 4100, 4300, and 4340. It shall also include interstate rate base allowances and

disallowances, if applicable. The method for calculating Rate Base (Average Net Investment) shall be in accordance with the ARMIS Order, CC Docket

86-182, released July 20, 1990.

Line 6 – Use the following table to calculate the after tax effect on an FCC ordered refund:

1. FCC Ordered Refund Total _______________________

2. Refund for Period (Amortized) ____________________

3. Tax Rate ______________________________________

4. Refund Adjusted for Taxes _______________________

(Line 2 times (1 minus Line 3)) (Enter this amount)

I. Item 4 – Rates of Return for the Switched Traffic Sensitive Category should be calculated and entered in item 4 on the form. Switched traffic sensitive

consists of line termination, local switching, intercept, information and local transport. End office includes line termination, local switching and intercept.

For reporting purposes, equal access implementation costs should be included within “end office.”

J. Item 5 – Multiplicative Factor for Cumulative Measurement – rates of return for the cumulative measurement period shall be annualized with the

appropriate multiplicative factor and shown in item 5.

K. Item 6 – Total Out-of-Period Adjustment. Report total out-of-period adjustments for the cumulative period in item 6. Significant out-of-period

adjustments should be footnoted and explained in the Remarks section below. Significant out-of-period adjustments are those adjustments having an

annualized 10 basis points or more impact within the three enforcement categories (common line, special access, switched traffic sensitive). In connection

with the 10 basis point threshold, carriers need only report retroactive adjustments above the following amounts: $1,000,000 for common line revenues;

$300,000 for special access revenues; and $300,000 for switched traffic sensitive categories.

Out-of-period adjustments from prior enforcement periods identified more than nine months after the prior enforcement periods have ended should be

shown separately in the Remarks section if (1) a company’s rate of return for an enforcement category was within 10 basis points of a refund situation and

(2) will cause the prior rate of return to go above its allowed maximum. In each case, the appropriate enforcement periods should be clearly indicated.

Notice to Individuals – FCC 492 is needed to provide this Commission with data required to fulfill its regulatory responsibilities with respect to interstate

telephone service under Title II of the Communications Act of 1934, as amended. FCC 492 is necessary to enable the Commission to monitor access

tariffs and to enforce rate-of-return prescriptions. Your response is mandatory.

Remember – You are not required to respond to a collection of information sponsored by the Federal government, and the government may not conduct or

sponsor this collection, unless it displays a currently valid Office of Management and Budget (OMB) control number. This collection has been assigned

an OMB control number of 3060-0355.

We have estimated that each response to this collection of information will take, on average, 8 hours. Our estimate includes the time to read the

instructions, look through existing records, gather and maintain the required data, and actually complete and review the form or response. If you have any

comments on this estimate, or how we can improve the collection and reduce the burden it causes you, please write the Federal Communications

Commission, AMD-PERM, Washington, D.C. 20554, Paperwork Reduction Project (3060-0355). We will also accept your comments via the Internet if

you send them to jboley@fcc.gov. Please DO NOT SEND COMPLETED FORMS TO THIS ADDRESS.

The foregoing Notice is required by the Privacy Act of 1974, P.L. 93-579, December 31, 1974, 5 U.S.C. 552(a)(e)(3), and the Paperwork Reduction Act of

1995, P.L. 104-13, 44 U.S.C. 3507.

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Remarks:

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