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      <InvestmentsProgramRelated>
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      <TotalAssets>
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      <MortNotesPyblSecuredInvestProp>
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        <EOY>33438635</EOY>
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      <DoNotFollowSFAS117>X</DoNotFollowSFAS117>
      <CapStckTrstPrinCurrentFunds>
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      <PaidInCapSrplsLandBldgEqpFund>
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      <TotalLiabNetAssetsFundBalances>
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        <EOY>92082648</EOY>
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      <InfoInScheduleOPartXI>X</InfoInScheduleOPartXI>
      <ReconcilationRevenueExpenses>7060956</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>-1010191</ReconcilationOtherChanges>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
      <AuditCommittee>true</AuditCommittee>
      <FinancialStatementSeparate>X</FinancialStatementSeparate>
      <FederalGrantAuditRequired>false</FederalGrantAuditRequired>
      <FederalGrantAuditPerformed>false</FederalGrantAuditPerformed>
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      <Equipment>
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        <Depreciation>62063379</Depreciation>
        <BookValue>59744954</BookValue>
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      <TotalOfBookValueLandBuildings>59744954</TotalOfBookValueLandBuildings>
      <OtherAssets>
        <Description>Wholly owned subsidiary</Description>
        <BookValue>20580908</BookValue>
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      <OtherAssets>
        <Description>Nonregulated assets</Description>
        <BookValue>2738448</BookValue>
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      <TotalBookValueOtherAssets>23319356</TotalBookValueOtherAssets>
      <OtherLiabilities>
        <Description>Postretirement benefit obligation</Description>
        <Amount>3466253</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>Customer deposits</Description>
        <Amount>213825</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>Accrued expenses</Description>
        <Amount>1393054</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>5073132</TotalOfAmounts>
      <TotalRevenue>32794013</TotalRevenue>
      <TotalExpenses>25733057</TotalExpenses>
      <ExcessOrDeficitForYear>7060956</ExcessOrDeficitForYear>
      <OtherAmount>-1010191</OtherAmount>
      <TotalAdjustments>-1010191</TotalAdjustments>
      <ExcessOrDeficitPerFS>6050765</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>32794013</TotRevenueEtcAuditedFinclStmt>
      <RevenueSubtotal>32794013</RevenueSubtotal>
      <TotalRevenuePerForm990>32794013</TotalRevenuePerForm990>
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      <ExpensesSubtotal>25733057</ExpensesSubtotal>
      <TotalExpensesPerForm990>25733057</TotalExpensesPerForm990>
      <Form990ScheduleDPartXIV>
        <Identifier>Part XI, Line 8</Identifier>
        <ReturnReference>Part XI, Line 8: Other Changes in Net Assets or Fund Balances</ReturnReference>
        <Explanation>Accum other comprehensive income $120987 Refund capital credits $ -1088573 Other equities $ -42605</Explanation>
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      <WrittenEmploymentContract>X</WrittenEmploymentContract>
      <CompensationSurvey>X</CompensationSurvey>
      <BoardOrCommitteeApproval>X</BoardOrCommitteeApproval>
      <SeverancePayment>false</SeverancePayment>
      <SupplementalNonqualRetirePlan>false</SupplementalNonqualRetirePlan>
      <EquityBasedCompArrangement>false</EquityBasedCompArrangement>
      <Form990ScheduleJPartII>
        <NamePerson>Thomas E Preston</NamePerson>
        <BaseCompensationFilingOrg>154612</BaseCompensationFilingOrg>
        <NontaxableBenefitsFilingOrg>40399</NontaxableBenefitsFilingOrg>
        <TotalCompensationFilingOrg>195011</TotalCompensationFilingOrg>
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      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 19</Identifier>
        <ReturnReference>Form 990, Part VI, Line 19: Other Organization Documents Publicly Available</ReturnReference>
        <Explanation>The ByLaws and annual financial information is given to each member on an annual basis. Each year annual meeting of members is held. Annual financial information is also available on the Kentucky Public Service Commission website.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 15b</Identifier>
        <ReturnReference>Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees</ReturnReference>
        <Explanation>15a. CEO salary based on Contract and survey of other telephone companies as compiled by national telephone association.15b. Wage and Salary Plan has been developed based on state, regional, and national survey of telephone cooperatives. Wages are based on job classifications and responsibilities.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 12c</Identifier>
        <ReturnReference>Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts</ReturnReference>
        <Explanation>A statement is signed by the director acknowledging the policy and disclosing any potential conflicts.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 11</Identifier>
        <ReturnReference>Form 990, Part VI, Line 11: Form 990 Review Process</ReturnReference>
        <Explanation>Directors are furnished a draft copy to review prior to filing. May make inquires of information contained in the copy. Additionally, directors meet with he independent auditor and are able to ask questions at that time.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 7a</Identifier>
        <ReturnReference>Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body</ReturnReference>
        <Explanation>Nominating committee meets every year there is an election to select a member to run for director. Any member who has lived in their district for more than 240 days and with a petition signed by 10% of eligible members, if not nominated by the committee, may run for director.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 6</Identifier>
        <ReturnReference>Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder</ReturnReference>
        <Explanation>Must be a member to receive telephone service. Each member has 1 vote. May have more than 1 service per membership.</Explanation>
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        <AddressUS>
          <AddressLine1>PO Box 240</AddressLine1>
          <City>Staffordsville</City>
          <State>KY</State>
          <ZIPCode>41256</ZIPCode>
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        <EIN>611182852</EIN>
        <PrimaryActivity>Communications</PrimaryActivity>
        <LegalDomicileState>KY</LegalDomicileState>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
        <TypeOfEntity>C corp</TypeOfEntity>
        <ShareOfTotalIncome>3473096</ShareOfTotalIncome>
        <ShareOfEOYAssets>17917486</ShareOfEOYAssets>
        <PercentageOwnership>1.00000</PercentageOwnership>
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      <GiftGrantOrCapContrFrOtherOrg>false</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>false</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>false</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>false</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>false</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>false</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>false</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>false</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>false</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>false</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>false</SharingOfFacilities>
      <SharingOfPaidEmployees>false</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>false</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>false</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>false</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>false</OtherTransferFromOtherOrg>
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