Attachment PMNLL Pro Forma LeadLag Summary 000476
Attachment PMNLL Page of 3 Cash Working Capital Requirements 4/3/206 2 Months Ended Dec 3, 205 6:2:45 PM Lead Lag Summary Revenue Expense Net Net Day Line Annual (Lead) Lag (Lead) Lag (Lead) Lag Weighted No Expense Days Days Days Amount Source () (2) (3) (4) (5) (6) Total Revenue Lag 57.74 Page 2 of 3 Line 27 2 3 Total Expense Lag 4 Operation & Maintenance Exp Included 5 UES Labor $,944,265 57.74 3.38 44.36 $86,248,405 Page 3 of 3 Line 9 6 Pensions & Benefits 2,6,752 57.74 99.43 (4.69) $08,885,343 Page 3 of 3 Line 2 to 6 7 General Liability & Fiduciary 447,693 57.74 (80.24) 237.98 $06,542,42 Page 3 of 3 Line & 8 8 Regulatory Commission Assesment Fees 69,88 57.74.62 40.2 $6,83,378 Page 3 of 3 Line 9 Automobile Leases 89,68 57.74 9.07 48.67 $9,206,844 Page 3 of 3 Line 20 0 Service Company Charges 7,943,695 57.74 37.23 20.5 $62,935,707 Page 3 of 3 Line 2 to 26 Inflation Adjustment 4,596 57.74 3.60 26.4 $3,70,556 Page 3 of 3 Line 27 2 Other O&M Expenses 7,722,025 57.74 4.47 6.27 $25,650,48 Page 3 of 3 Line 28 3 Total O&M Expenses for CWC 2,0,02 8.53 $392,22,837 4 5 Taxes Other Than Income Taxes 6 Other Taxes Excluding Property Taxes 307,427 57.74 5.8 4.93 $2,889,52 Page 3 of 3 Line 38 & 39 Property Taxes 6,059,709 57.74 (36.70) 94.44 $572,254,432 Page 3 of 3 Line 40 & 4 8 Total Other Taxes for CWC 6,367,37 9.90 $585,43,944 20 Income Taxes 2 Federal Income Taxes,630,554 57.74 37.38 20.36 $33,202,7 Page 3 of 3 Line 45,46 & 49 22 State Income Taxes,09,560 57.74 37.38 20.36 $22,593,792 Page 3 of 3 Line 47,48 & 50 23 Total Income Taxes for CWC 2,740,3 20.36 $55,796,503 24 25 Interest Expense 26 Total Interest Expense for CWC 5,339,394 57.74 69.46 (.72) $62,562,850 Page 3 of 3 Line 56 27 28 29 Net of Reveune less Expense Lag $35,66,656 57.74 30.49 27.25 $970,590,434 30 Days 365 3 32 33 Avg Daily Cash Working Capital Requirements $2,659,52 Line 29 Col 5 / Line 30 34 35 36 Cash Working Capital Requirements $2,659,52 Line 29 Col * 39 37 38 39 Working Capital Percent 7.4660% Line 29 Col 4/ Line 30 40 000476. 4/4/206 2:5 PM UES Lead Lag Summary 235 Rev 436.xls Lead Lag Summary
Attachment PMNLL Page 2 of 3 Cash Working Capital Requirements 4/3/206 2 Months Ended Dec 3, 205 6:2:45 PM Revenues Lag Summary (Lead) Line Revenues Lag Wtg Delivery No Revenue Lag Billed Days Source Dollar Days Service Lag 5.2 See Note 2 3 Billing Lag 4 Cycle Read Customers.07 W/P Supporting Page 5 6 Collection Lag 42.6 W/P Supporting Page 7 8 Total Sales Revenues with Increase $57,856,53 58.44 $3,38,3,605 9 0 Late Charge Revenue $48,633 47.56 See Note 2 $22,906,453 2 Disconnect / Reconnect Charges $36,867 58.44 Line 8 $7,998,507 3 4 Enhanced Meter Revenue $23,635 30.42 W/P Supporting Page 9 $78,905 5 6 Rent from Electric Property CATV $380,559 (30.42) W/P Supporting Page 9 $,575,328 8 Miscellaneous Rent $63,34 30.42 W/P Supporting Page 9 $,926,637 20 Other Electric Revenues $97,28 58.44 Line 8 $5,685,2 2 22 Line Extension Surcharge $,825 58.44 Line 8 $69,055 23 24 Revenue From Trans of Electric of Others $4,995 58.44 Line 8 $2,454,2 25 26 27 Total Revenue Lag $59,093,290 57.74 $3,4,9,39 28 29 30 Notes: 3. Computed as 365/2/2 32 2. Fees are assessed on the next billing. Lag is computed as the collection lag on Line 6 plus the average of 5.4 grace period days from due date. 33 34 35 36 37 38 39 40 000476.2 4/4/206 2:6 PM UES Lead Lag Summary 235 Rev 436.xls Revenues
Attachment PMNLL Page 3 of 3 Cash Working Capital Requirements 4/3/206 2 Months Ended Dec 3, 205 6:2:45 PM Cost of Service Lead Lag Summary 2346.3 (Lead) Line Revenue Req Lag Weighted No Amount Days Source Amount Operation & Maintenance Expense 2 Labor UES Direct Test Year $,788,0.08 W/P Supporting Page 0 $,84,22 3 Labor UES Incentive Test Year $32,605 222.52 W/P Supporting Page 0 $7,255,344 4 Total UES Labor Test Year $,820,775 $27,069,566 5 6 Labor UES Direct ProForma Adj $34,977.08 W/P Supporting Page 0 $,495,64 7 Labor UES Incentive Pro Forma Adj $,486 222.52 W/P Supporting Page 0 $2,555,922 8 Total UES Labor Pro Forma Adj $23,49 $,060,282 9 Total UES Labor Pro Forma $,944,265 3.38 $26,009,284 0 2 Pension & Benefits $2,465,949 2.66 W/P Supporting Page 65 $277,8,263 3 Medical & Dental Insurances UES Pro Forma Adj $3,005 53.89 W/P Supporting Page 65 $6,93 4 Pension UES Pro Forma Adj $56,704 37.75 W/P Supporting Page 65 $2,079,858 5 PBOP UES Pro Forma Adj $2,00 4.04 W/P Supporting Page 65 $2,696,43 6 40K UES Pro Forma Adj $7,492.58 W/P Supporting Page 65 $86,788 Acct 925 General Liability & Fiduciary $393,465 (80.24) W/P Supporting Page 94 $70,9,36 8 Property & Liability Insurances Pro forma Adj $54,228 (80.24) W/P Supporting Page 94 $9,774,83 Acct 928 Regulatory Commission Assesment Fees $69,88.62 W/P Supporting Page 97 $2,99,528 20 Automobile Leases $89,68 9.07 W/P Supporting Page 98 $,75,333 2 Acct 923 Service Company Charges $7,740,405 37.23 W/P Supporting Page $288,48,336 22 USC Labor Pro Forma Adj $207,6 37.23 W/P Supporting Page $7,728,869 23 USC Medical & Dental Insurances Pro Forma Adj $49,999 37.23 W/P Supporting Page $,86,293 24 USC Pension Pro Forma Adj $49,488 37.23 W/P Supporting Page $,842,248 25 USC PBOP Pro Forma Adj $4,447 37.23 W/P Supporting Page $,542,93 26 USC 40K Pro Forma Adj $36,608 37.23 W/P Supporting Page $,362,776 27 Inflation Adjustment $4,596 3.60 W/P Supporting Page 24 $4,473,98 28 Other O&M Expenses $7,722,025 4.47 W/P Supporting Page 24 $320,202,902 29 Total Oper & Maint Exp for Cash Working Capital $2,0,02 39.2 $830,098,025 30 3 Plus: Oper & Maint Items Excl form CWC Calculation 32 Acct 904 Provision for Doubtful Accounts $223,389 33 Distribution Bad Debt Adj $,290 34 Protected Receivables Expense Adj $344,439 35 Total Pro Forma Oper & Maint Exp $2,909,30 36 37 Taxes Other Than Income Taxes 38 Other Taxes Excluding Property Taxes $275,593 6.28 W/P Supporting Page 28 $4,487,635 39 Payroll Taxes Pro Forma Adj $3,834.72 W/P Supporting Page 28 $373,038 40 Property Taxes $5,029,628 (36.70) W/P Supporting Page 29 $84,577,850 4 Property Taxes Pro Forma Adj $,030,08 (36.70) W/P Supporting Page 29 $37,802,035 42 Total Pro Forma Taxes Other Than Income $6,367,37 (34.6) $2,5,2 43 44 Income Taxes 45 Federal Income Taxes Test Year $227,533 37.38 W/P Supporting Page 42 $8,504,056 46 Federal Income Taxes Pro Forma Adj $542,996 37.38 W/P Supporting Page 42 $20,294,478 47 State Income Taxes Test Year $755,382 37.38 W/P Supporting Page 43 $28,232,384 48 State Income Taxes Pro Forma Adj $7,520 37.38 W/P Supporting Page 43 $6,634,8 49 Federal Income Taxes on Increase $,946,0 37.38 W/P Supporting Page 42 $72,732,367 50 State Income Taxes on Increase $53,698 37.38 W/P Supporting Page 43 $,872,23 5 Total Pro Forma Income Taxes $2,740,3 37.38 $02,4,742 52 53 Interest Expense 54 Test Year Interest Expense $5,975,034 69.46 W/P Supporting Page 44 $44,996,363 55 Interest Expense Adj for Ratemaking $635,640 69.46 W/P Supporting Page 44 $44,48,4 56 Total Adjusted Interest Expense $5,339,394 69.46 $370,847,946 57 58 59 Total Expenses for Cash Working Capital $35,66,656 30.49 $,085,838,502 60 000476.3 4/4/206 2:6 PM UES Lead Lag Summary 235 Rev 436.xls Expenses
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Attachment PMNLL2 Qualifications of Paul M. Normand 000477
Attachment PMN LL 2 Page of 3 PAUL M. NORMAND Principal Experience in the electric, gas, and water industry includes project management of various cost analyses, engineering system planning and design functions, detailed electric power loss analyses, as well as cost and contract functions for a manufacturer of nuclear equipment. Also, experienced in the analysis and preparation of economic data, revenue requirements and rate design for presentation before state and federal regulatory agencies. Presented expert testimony on behalf of utilities in over 30 applications before regulatory commissions. EXPERIENCE: 84 Present MANAGEMENT APPLICATIONS CONSULTING, INC. Principal consultant providing consulting services to industry in planning, pricing, and regulation. Extensive experience in analyzing power systems for power loss studies and unbundling issues. 83 84 P. M. NORMAND ASSOCIATES Independent consultant providing services to the utility industry in cost analyses, rate design and expert testimony. 76 83 GILBERT/COMMONWEALTH, Reading, Pa. Director, Rate Regulatory Services Administrative and fiscal responsibility for rate and regulatory services nationally for electric, gas, and water utilities. Additional responsibilities included all marketing, research and development efforts, and contract negotiations for all studies performed by the Regulatory Service Department. Provided consulting service to utilities in project management, personnel staffing, and future development efforts. Manager, Austin, Texas Office Responsibility for the overall administrative and business aspects for the department in the Southwest. Duties included the preparation of all aspects of rate cases and PURPA compliance studies. Senior Management Consultant Responsibilities included project management of various electric and gas costofservice studies and the development of methodologies utilized in the analysis of timedifferentiated average and marginal cost studies. 000478
Attachment PMN LL 2 Page 2 of 3 PAUL M. NORMAND / Page 2 (Continued) Consulting Engineer Prepared class and timedifferentiated costof service studies, revenue requirements exhibits, and expert testimony for formal rate proceedings before regulatory agencies. Performed forecasted tenyear costofservice studies by customer classes. Analyzed and prepared transmission (wheeling) rates based on costofservice. Engineer Derived system demand and energy loss factors and customer load characteristics required for costofservice results and related rate schedules. 75 76 WESTINGHOUSE ELECTRIC CORPORATION, Pittsburgh, PA Responsible for the procurement of electrical/electronic control equipment and power cables for the nuclear reactor control system. Assisted in the development of procedures for the seismic testing of various electronic equipment related to reactor control. 7 74 NEW ENGLAND ELECTRIC SYSTEM, Westborough, Massachusetts Experience from various system assignments in conjunction with formal education. Assigned to the Transmission and Distribution Department with responsibilities in several voltage conversion efforts and system planning. Development of network modeling techniques, load flow, and fault study analyses for the system planning department. 66 70 U.S. NAVY Aviation electronic technician with responsibilities for maintenance and troubleshooting of electronic communication equipment. EDUCATION: B.S.E.E., Electrical Engineering, Northeastern University, 75 M.S.E.E., Electrical Power Systems, Northeastern University, 75 Graduate Studies MBA Program, Lehigh University and Albright College, 77 to 80 SOCIETIES: Institute of Electrical and Electronic Engineers 000479
Attachment PMN LL 2 Page 3 of 3 PAUL M. NORMAND / Page 3 (Continued) APPEARANCES AS EXPERT WITNESS: Federal Energy Regulatory Commission Arkansas Public Service Commission Delaware Public Service Commission Indiana Utility Regulatory Commission Illinois Commerce Commission Kansas Corporation Commission Kentucky Public Service Commission Louisiana Public Service Commission Maine Public Utilities Commission Maryland Public Service Commission Massachusetts Department of Public Utilities Missouri Public Service Commission New Hampshire Public Utilities Commission New Jersey Board of Public Utilities New York Public Service Commission North Carolina Utilities Commission Ohio Public Utilities Commission Pennsylvania Public Utility Commission Rhode Island Public Utilities Commission Texas Public Utilities Commission PAPERS AND PRESENTATIONS: Probability of Dispatch Costing Method for Electric Utility CostofService Analysis. Coauthored with P. S. Hurley, presented to Edison Electric Institute Rate Research Committee May 4, 82. Costing Strategies under Changing Marketing Goals and Long Term Investment Growth. Presented to Missouri Valley Electric Association (MVEA), Kansas City, MO, November 3, 9. 000480
UNITIL ENERGY SYSTEMS, INC. LEADLAG STUDY WORKPAPERS State of New Hampshire Public Utilities Commission Docket No. DE 6384 00048
UNITIL ENERGY SYSTEMS, INC. INDEX TO LEADLAG STUDY WORKPAPERS Revenue Lag... Other Revenues Lag...9 NonADP Payroll Lag...0 ADP Payroll Lag...5 Employee Pensions & Benefits Lag...65 Injuries and Damages Expense Lag...94 Regulatory Commission Expense Lag...97 Automobile Leases Lag...98 Service Company Charges Lag... Other O&M Lag...24 Taxes Other Than Income Lag...28 Property Tax Lag...29 Federal and State Income Taxes Lag...42 Interest on Long Term Debt Lag...44 Page 000482
Page of 52 Number of Days Delay Between Receipt of Revenue and Distribution Services to Electric Customers Based on 205 Data Customers Line Number of No. Descripton Days Delay Revenue Lag: 2 Receipt of Electric Service to Meter Reading 5.2 days 3 Meter Reading to Recording of Accounts Receivable.07 days 4 Billing to Collection 42.6 days 5 Subtotal Revenue Lag Days 58.44 days 000483
Page 2 of 52 Receipt of Electric Service to Meter Reading Average Days Delay January, 205 to December 3, 205 Number of Days December January 3 February 28 March 3 April 30 May 3 June 30 July 3 August 3 September 30 October 3 November 30 December 3 28 Day Month *28 28 4 30 Day Months 4*30 20 7 3 Day Months 7*3 2 Total 365 days 365 Days / 2 Months / 2 = 5.2 days 000484
Page 3 of 52 Unitil Energy Systems, Inc Meter Reading to Recording of Accounts Receivable Month Average Days January 205.03 February 205.09 March 205. April 205.02 May 205.03 June 205.04 July 205.05 August 205.04 September 205.8 October 205.4 November 205.03 December 205.04 Average.07 000485
Page 4 of 52 Meter Reading to Recording of Accounts Receivable Monthly Detail January 205 Days Lag Number of Meters Percent of Meters Days Lag Multiplier Weighted Days Lag 72,33 98.% 0.98 2 85.6% 2 0.02 3 296 0.40% 3 0.0 4 4 0.06% 4 0.00 5 54 0.07% 5 0.00 6 5 0.02% 6 0.00 7 40 0.05% 7 0.00 84 6 0.02% 0.00 Over 4 4 0.02% 4 0.00 Total 73,460 00.00%.03 February 205 Days Lag Number of Meters Percent of Meters Days Lag Multiplier Weighted Days Lag 67,80 92.26% 0.92 2 5,308 7.22% 2 0.4 3 259 0.35% 3 0.0 4 5 0.07% 4 0.00 5 37 0.05% 5 0.00 6 5 0.02% 6 0.00 7 6 0.0% 7 0.00 8 to 4 9 0.0% 0.00 Over 4 4 0.0% 4 0.00 Total 73,490 00.00%.09 March 205 Days Lag Number of Meters Percent of Meters Days Lag Multiplier Wtd Days Lag 66,940 9.24% 0.9 2 5,35 7.24% 2 0.4 3 838.4% 3 0.03 4 84 0.25% 4 0.0 5 46 0.06% 5 0.00 6 8 0.0% 6 0.00 7 5 0.0% 7 0.00 8 to 4 0.03% 0.00 Over 4 2 0.02% 4 0.00 Total 73,367 00.00%. 000486
Page 5 of 52 Meter Reading to Recording of Accounts Receivable Monthly Detail April 205 Days Lag Number of Meters Percent of Meters Days Lag Multiplier Wtd Days Lag 72,399 98.77% 0.99 2 645 0.88% 2 0.02 3 47 0.20% 3 0.0 4 62 0.08% 4 0.00 5 5 0.02% 5 0.00 6 9 0.0% 6 0.00 7 6 0.0% 7 0.00 8 to 4 5 0.02% 0.00 Over 4 0.00% 4 0.00 Total 73,298 00.00%.02 May 205 Days Lag Number of Meters Percent of Meters Days Lag Multiplier Wtd Days Lag 72,02 98.27% 0.98 2 876.% 2 0.02 3 32 0.43% 3 0.0 4 3 0.04% 4 0.00 5 0.02% 5 0.00 6 8 0.02% 6 0.00 7 0.00% 7 0.00 8 to 4 4 0.02% 0.00 Over 4 4 0.0% 4 0.00 Total 73,375 00.00%.03 June 205 Days Lag Number of Meters Percent of Meters Days Lag Multiplier Wtd Days Lag 72,297 97.8% 0.97 2,307.76% 2 0.04 3 635 0.85% 3 0.03 4 63 0.08% 4 0.00 5 66 0.09% 5 0.00 6 8 0.0% 6 0.00 7 4 0.0% 7 0.00 8 to 4 6 0.02% 0.00 Over 4 2 0.00% 4 0.00 Total 74,398 00.00%.04 000487
Page 6 of 52 Meter Reading to Recording of Accounts Receivable Monthly Detail July 205 Days Lag Number of Meters Percent of Meters Days Lag Multiplier Wtd Days Lag 7,933 96.48% 0.96 2 2,043 2.74% 2 0.05 3 332 0.45% 3 0.0 4 87 0.25% 4 0.0 5 0.03% 5 0.00 6 6 0.0% 6 0.00 7 5 0.02% 7 0.00 8 to 4 0.02% 0.00 Over 4 2 0.00% 4 0.00 Total 74,554 00.00%.05 August 205 Days Lag Number of Meters Percent of Meters Days Lag Multiplier Wtd Days Lag 72,895 97.63% 0.98 2,83.58% 2 0.03 3 422 0.57% 3 0.02 4 80 0.% 4 0.00 5 42 0.06% 5 0.00 6 6 0.02% 6 0.00 7 7 0.0% 7 0.00 8 to 4 3 0.02% 0.00 Over 4 6 0.0% 4 0.00 Total 74,664 00.00%.04 September 205 Days Lag Number of Meters Percent of Meters Days Lag Multiplier Wtd Days Lag 66,558 89.4% 0.89 2 3,572 4.78% 2 0.0 3 4,287 5.74% 3 0. 4 3 0.8% 4 0.0 5 60 0.08% 5 0.00 6 20 0.03% 6 0.00 7 9 0.0% 7 0.00 8 to 4 22 0.03% 0.00 Over 4 7 0.0% 4 0.00 Total 74,666 00.00%.8 000488
Page 7 of 52 Meter Reading to Recording of Accounts Receivable Monthly Detail October 205 Days Lag Number of Meters Percent of Meters Days Lag Multiplier Wtd Days Lag 67,36 90.83% 0.9 2 4,844 6.55% 2 0.3 3,622 2.% 3 0.07 4 67 0.09% 4 0.00 5 59 0.08% 5 0.00 6 48 0.06% 6 0.00 7 6 0.02% 7 0.00 8 to 4 8 0.02% 0.00 Over 4 00 0.4% 4 0.02 Total 73,90 00.00%.4 November 205 Days Lag Number of Meters Percent of Meters Days Lag Multiplier Wtd Days Lag 72,59 97.99% 0.98 2 990.34% 2 0.03 3 242 0.33% 3 0.0 4 7 0.24% 4 0.0 5 30 0.04% 5 0.00 6 8 0.0% 6 0.00 7 8 0.0% 7 0.00 8 to 4 20 0.03% 0.00 Over 4 8 0.0% 4 0.00 Total 73,642 00.00%.03 December 205 Days Lag Number of Meters Percent of Meters Days Lag Multiplier Wtd Days Lag 7,994 97.72% 0.98 2,45.55% 2 0.03 3 83 0.25% 3 0.0 4 4 0.5% 4 0.0 5 33 0.8% 5 0.0 6 2 0.02% 6 0.00 7 64 0.09% 7 0.0 8 to 4 26 0.04% 0.00 Over 4 5 0.0% 4 0.00 Total 73,676 00.00%.04 000489
Number Of Days Lag In Billing To Collection Twelve Months Average /5 2/5 UES Lead Lag Study Page 8 of 52 Electric Sales Revenues Accounts Receivable Electric Sales Month Days in Month Daily Average (/Days) () (2) (3) 205 January 3,052,4 550,068 20,6,646 February 28 6,578,54 592,077 20,566,237 March 3 6,903,54 545,263 22,030,48 April 30 4,030,907 467,697 20,775,209 May 3 2,084,736 389,830,458,96 June 30 2,47,900 404,930 8,084,932 July 3 0,76,394 347,42 6,72,339 August 3 2,077,934 389,6,07,975 September 30,896,385 396,546 8,359,9 October 3 9,496,0 306,323 3,243,89 November 30 9,099,860 303,329 3,34,480 December 3 0,452,92 337, 3,844,685 Total $ 52,58,468 $ 5,030,006 $ 22,089,377 Average $ 2,75,22 $ 4,67 $,674,5 Payment Lag Days (3/2) 42.6 000490
Unitil Energy Systems,Inc. Calculation of Other Operating Revenue Lags 2 Months Ended Dec 3, 205 UES Lead Lag Study Page 9 of 52 Line (Lead) Lag No Account Amount Days Notes 02008004540000 Rent from Electric Property CATV $380,589 30.42 Billed quarterly. Billed in Jan for FebApr, billed in Mar for MayJuj, etc. 2 Billed on last day of the month. Due in Thirty Days. 3 Service period is three months. Assume payment in the middle of the first month. 4 5 02008004540200 Miscellaneous Rent $63,342 30.42 Rent paid to UES from other Unitil subsidiaries for the use of office space at the UES DOC. 6 UES bills rent during the month and it is paid the following month. 7 Service period is one month. Assume payment in the middle of the following month. 8 9 0200899450200 Enhanced Meter Revenue $23,635 30.42 External suppliers who receive interval metering data for a customer. 0 Billed in the month they request the service and pay they following month. Service period is one month. Assume payment in the middle of the following month. 2 3 4 5 6 8 20 2 22 23 24 25 4/4/206 2:53 PM of Other Operating Revenue Lags 2 3 5.xlsx Sheet 00049
Page 0 of 52 Unitil Energy Systems,Inc. Calculation of Payroll Lag Days 4/4/206 2 Months Ended Dec 3, 205 3:37:4 PM Summary Total Payroll Lead Lag Summary ADP and Non ADP Line (Lead) Lag Weighted No Gross Payroll Items Amount Days Dollar Days 2 Regular Payroll 3 Total ADP Weekly & Monthly $,032,937 6.29 $6,496,485 4 5 Total Non ADP Weekly & Monthly $3,00 36.72 $7,087,804 6 7 Total Weekly & Monthly Payroll $,225,938.08 $3,584,290 8 9 0 Incentive Payroll 2 Total ADP Weekly & Monthly $,438 222.50 $26,29,886 3 4 Total Non ADP Weekly Monthly $2,473 223.50 $552,785 5 6 Total Weekly & Monthly Payroll $,9 222.52 $26,682,67 8 Test Year Payroll O&M Expense Percent 20 Union Payroll $,3,95 72.05%.08 $4,537,37 2 Non Union Payroll $476,2 26.5%.08 $5,276,850 22 Incentive Payroll $32,605.79% 222.52 $7,255,344 23 24 Total O&M Payroll $,820,775 00.00% 4.87 $27,069,566 25 4/4/206 3:37 PM of UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls Summary ADP & Non ADP Payroll 000492
Page of 52 Unitil Energy Systems,Inc. Calculation of Payroll Lag Days 4/4/206 2 Months Ended Dec 3, 205 3:37:4 PM Non ADP Payroll Deductions Lead Lag Summary Line (Lead) Lag Weighted No Gross Payroll Items Amount Days Dollar Days 2 Weekly 3 40K Loan $23,534 7.89 $85,586 4 40K Tax Deferred $64,288 7.9 $508,509 5 Health Insurance Premium $34,025 6.59 $2,095,447 6 Health Savings Account $,3 6.58 $7,439 7 Dental Premium $2,268 47.3 $06,892 8 Vision Premium $66 45. $27,84 9 Supplemental Life Premium $,58 4.27 $2,665 0 Supplemental AD&D Premium $48 4.27 $2,5 Home Auto $740 7.43 $5,500 2 Stock Purchase $3,250 70.35 $932,077 3 Charity $36 26.35 $9,504 4 PC Purchase Loan $886 334.58 $296,38 5 Activity Prizes $00 0.00 $0 6 Award $0 0.00 $0 Miscellaneous $3,864 3.27 $433,467 8 Union Dues $0,479 2.42 $224,437 Medical Care $750 6.50 $4,874 20 Dependent Care $0 0.00 $0 2 Auto Adjustment $0 0.00 $0 23 24 Total Weekly Payroll $40,230 24.26 $3,402,036 25 4/4/206 3:4 PM of 2 UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls Payroll Lead Lag Summary 000493
Page 2 of 52 Unitil Energy Systems,Inc. Calculation of Payroll Lag Days 4/4/206 2 Months Ended Dec 3, 205 3:37:4 PM Non ADP Payroll Deductions Lead Lag Summary Line (Lead) Lag Weighted No Gross Payroll Items Amount Days Dollar Days 26 27 Monthly 28 40K Loan $3,963.00 $67,368 29 40K Tax Deferred $,4.00 $330,45 30 Health Insurance Premium $7,849 6.59 $483,399 3 Health Savings Account $5,670 2.00 $,340 32 Dental Premium $792 47.3 $37,34 33 Vision Premium $67 45. $7,538 34 Supplemental Life Premium $4 2.33 $5,0 35 Supplemental AD&D Premium $8 2.33 $99 36 Home Auto $463 2.00 $927 37 Stock Purchase $900 70.67 $63,600 38 Charity $338 2.67 $7,33 39 PC Purchase Loan $2 334.58 $40,398 40 Activity Prizes $00 0.00 $0 4 Award $0 0.00 $0 42 Miscellaneous $0 0.00 $0 43 Union Dues $0 0.00 $0 44 Medical Care $225 2.00 $450 45 Dependent Care $0 0.00 $0 46 Auto Adjustment $2,337 2.78 $2,7,504 48 49 Total Monthly Payroll $52,77 69.84 $3,685,769 50 5 52 Total Weekly & Semi Monthly $3,00 36.72 $7,087,804 53 54 55 Incentive Pay 56 40K Tax Deferred $2,473 223.50 $552,785 57 58 Total Incentive Payroll $2,473 223.50 $552,785 59 60 6 62 63 64 65 4/4/206 3:4 PM 2 of 2 UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls Payroll Lead Lag Summary 000494
Page 3 of 52 Unitil Energy Systems,Inc. Calculation of Payroll Lag Days 4/4/206 2 Months Ended Dec 3, 205 3:37:4 PM Total Payroll Service Line Gross Pay Total ADP Payroll Total Non ADP No Payroll Description Amount Deductions Payroll Deductions Difference 2 Weekly 3 4 0/3/205 $69,974 $58,394 $,580 $0 5 0/0/205 $79,469 $67,48 $,988 $0 6 0//205 $70,635 $58,975 $,660 $0 7 0/24/205 $63,26 $59,959 $3,258 $0 8 0/3/205 $77,279 $65,08 $2,8 $0 9 /7/205 $70,077 $58,552 $,525 $0 0 /4/205 $8,858 $69,4 $2,44 $0 /2/205 $7,977 $64,686 $7,29 $0 2 /28/205 $72,742 $60,927 $,85 $0 3 2/5/205 $80,385 $68,448 $,937 $0 4 2/2/205 $7,067 $59,592 $,474 $0 5 2//205 $67,63 $56,026 $,586 $0 6 2/26/205 $74,2 $62,75 $,477 $0 8 $950,483 $80,253 $40,230 $0 20 2 22 23 24 Monthly 25 26 0/3/205 $88,004 $74,537 $3,467 $0 27 /30/205 $93,250 $73,737 $,53 $0 28 2/3/205 $94,20 $74,40 $,79 $0 29 30 $275,455 $222,684 $52,77 $0 3 32 33 Incentive Pay 34 February 206 35 Incentive PayWeekly $8,879 $,975 $904 $0 35 Incentive PaySalary $0,032 $99,463 $,569 $0 37 $,9 $,438 $2,473 38 39 40 Total $,345,849 $,50,375 $5,474 $0 4 4/4/206 3:42 PM of UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls Summary Payroll 000495
Page 4 of 52 Unitil Energy Systems,Inc. Calculation of Payroll Lag Days 4/4/206 2 Months Ended Dec 3, 205 3:37:4 PM 40K Loan Line Service Period Total Midpoint Payment (Lead) Lag Weighted No Payroll Description Amount Start End Days Service Period Date Days Dollar Days 2 Weekly 3 4 0/3/205 $,86 9/27/5 2:00 AM 0/4/5 2:00 AM 7 9/30/5 2:00 PM 0/8/5 2:00 AM 7.50 $3,62 5 0/0/205 $,86 0/4/5 2:00 AM 0//5 2:00 AM 7 0/7/5 2:00 PM 0/5/5 2:00 AM 7.50 $3,62 6 0//205 $,86 0//5 2:00 AM 0/8/5 2:00 AM 7 0/4/5 2:00 PM 0/22/5 2:00 AM 7.50 $3,62 7 0/24/205 $,86 0/8/5 2:00 AM 0/25/5 2:00 AM 7 0/2/5 2:00 PM /3/5 2:00 AM 2.50 $22,702 8 0/3/205 $,86 0/25/5 2:00 AM //5 2:00 AM 7 0/28/5 2:00 PM /5/5 2:00 AM 7.50 $3,62 9 /7/205 $,80 //5 2:00 AM /8/5 2:00 AM 7 /4/5 2:00 PM /2/5 2:00 AM 7.50 $3,508 0 /4/205 $,80 /8/5 2:00 AM /5/5 2:00 AM 7 //5 2:00 PM //5 2:00 AM 7.50 $3,508 /2/205 $,809 /5/5 2:00 AM /22/5 2:00 AM 7 /8/5 2:00 PM /27/5 2:00 AM 8.50 $5,372 2 /28/205 $,809 /22/5 2:00 AM /29/5 2:00 AM 7 /25/5 2:00 PM 2/3/5 2:00 AM 7.50 $3,564 3 2/5/205 $,809 /29/5 2:00 AM 2/6/5 2:00 AM 7 2/2/5 2:00 PM 2/0/5 2:00 AM 7.50 $3,564 4 2/2/205 $,809 2/6/5 2:00 AM 2/3/5 2:00 AM 7 2/9/5 2:00 PM 2//5 2:00 AM 7.50 $3,564 5 2//205 $,809 2/3/5 2:00 AM 2/20/5 2:00 AM 7 2/6/5 2:00 PM 2/23/5 2:00 AM 6.50 $,755 6 2/26/205 $,809 2/20/5 2:00 AM 2/27/5 2:00 AM 7 2/23/5 2:00 PM 2/3/5 2:00 AM 7.50 $3,564 8 $23,534 7.89 $85,586 20 2 22 23 24 Monthly 25 26 0/3/205 $,32 0//5 2:00 AM //5 2:00 AM 3 0/6/5 2:00 PM /5/5 2:00 AM.50 $25,758 27 /30/205 $,32 //5 2:00 AM 2//5 2:00 AM 30 /6/5 2:00 AM 2/3/5 2:00 AM.00 $22,456 28 2/3/205 $,32 2//5 2:00 AM //6 2:00 AM 3 2/6/5 2:00 PM 2/3/5 2:00 AM 4.50 $,54 29 30 $3,963.00 $67,368 3 32 33 34 35 Total $27,497 36 37 38 39 Payment date indicates the check date in Dataview. 40 4/4/206 3:43 PM of UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls 40K Loan 000496
Page 5 of 52 Unitil Energy Systems,Inc. Calculation of Payroll Lag Days 4/4/206 2 Months Ended Dec 3, 205 3:37:4 PM 40K Tax Deferred Line Service Period Total Midpoint Payment (Lead) Lag Weighted No Payroll Description Amount Start End Days Service Period Date Days Dollar Days 2 Weekly 3 4 0/3/205 $4,620 9/27/5 2:00 AM 0/4/5 2:00 AM 7 9/30/5 2:00 PM 0/8/5 2:00 AM 7.50 $34,649 5 0/0/205 $5,028 0/4/5 2:00 AM 0//5 2:00 AM 7 0/7/5 2:00 PM 0/5/5 2:00 AM 7.50 $37,70 6 0//205 $4,699 0//5 2:00 AM 0/8/5 2:00 AM 7 0/4/5 2:00 PM 0/22/5 2:00 AM 7.50 $35,243 7 0/24/205 $5,07 0/8/5 2:00 AM 0/25/5 2:00 AM 7 0/2/5 2:00 PM /3/5 2:00 AM 2.50 $63,843 8 0/3/205 $5,238 0/25/5 2:00 AM //5 2:00 AM 7 0/28/5 2:00 PM /5/5 2:00 AM 7.50 $39,286 9 /7/205 $4,58 //5 2:00 AM /8/5 2:00 AM 7 /4/5 2:00 PM /2/5 2:00 AM 7.50 $34,354 0 /4/205 $5,496 /8/5 2:00 AM /5/5 2:00 AM 7 //5 2:00 PM //5 2:00 AM 7.50 $4,223 /2/205 $5,442 /5/5 2:00 AM /22/5 2:00 AM 7 /8/5 2:00 PM /27/5 2:00 AM 8.50 $46,258 2 /28/205 $4,985 /22/5 2:00 AM /29/5 2:00 AM 7 /25/5 2:00 PM 2/3/5 2:00 AM 7.50 $37,385 3 2/5/205 $5,28 /29/5 2:00 AM 2/6/5 2:00 AM 7 2/2/5 2:00 PM 2/0/5 2:00 AM 7.50 $38,459 4 2/2/205 $4,666 2/6/5 2:00 AM 2/3/5 2:00 AM 7 2/9/5 2:00 PM 2//5 2:00 AM 7.50 $34,998 5 2//205 $4,628 2/3/5 2:00 AM 2/20/5 2:00 AM 7 2/6/5 2:00 PM 2/23/5 2:00 AM 6.50 $30,08 6 2/26/205 $4,669 2/20/5 2:00 AM 2/27/5 2:00 AM 7 2/23/5 2:00 PM 2/3/5 2:00 AM 7.50 $35,0 8 $64,288 7.9 $508,509 20 2 22 23 24 Monthly 25 26 0/3/205 $6,476 0//5 2:00 AM //5 2:00 AM 3 0/6/5 2:00 PM /5/5 2:00 AM.50 $26,276 27 /30/205 $6,476 //5 2:00 AM 2//5 2:00 AM 30 /6/5 2:00 AM 2/3/5 2:00 AM.00 $0,087 28 2/3/205 $6,468 2//5 2:00 AM //6 2:00 AM 3 2/6/5 2:00 PM 2/3/5 2:00 AM 4.50 $93,782 29 30 $,4.00 $330,45 3 32 33 Incentive Pay 34 February 206 35 Incentive PayWeekly $904 //5 2:00 AM //6 2:00 AM 365 7/2/5 2:00 PM 2//6 2:00 AM 223.50 $202,006 36 Incentive PaySalary $,569 //5 2:00 AM //6 2:00 AM 365 7/2/5 2:00 PM 2//6 2:00 AM 223.50 $350,779 37 $2,473 223.50 $552,785 38 39 Annualized Lag $337,300.58 $3,907,399 40 4 Payment date indicates the check date in Dataview. 4/4/206 3:43 PM of UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls 40K Tax Deferred 000497
Page 6 of 52 Unitil Energy Systems,Inc. Calculation of Payroll Lag Days 4/4/206 2 Months Ended Dec 3, 205 3:37:4 PM Health Insurance Premium Line Service Period Total Midpoint Payment (Lead) Lag Weighted No Payroll Description Amount Start End Days Service Period Date Days Dollar Days 2 Weekly 3 4 0/3/205 $2,660 9/27/5 2:00 AM 0/4/5 2:00 AM 7 9/30/5 2:00 PM 6.59 $63,80 5 0/0/205 $2,660 0/4/5 2:00 AM 0//5 2:00 AM 7 0/7/5 2:00 PM 6.59 $63,80 6 0//205 $2,660 0//5 2:00 AM 0/8/5 2:00 AM 7 0/4/5 2:00 PM 6.59 $63,80 7 0/24/205 $2,660 0/8/5 2:00 AM 0/25/5 2:00 AM 7 0/2/5 2:00 PM 6.59 $63,80 8 0/3/205 $2,660 0/25/5 2:00 AM //5 2:00 AM 7 0/28/5 2:00 PM 6.59 $63,80 9 /7/205 $2,660 //5 2:00 AM /8/5 2:00 AM 7 /4/5 2:00 PM 6.59 $63,80 0 /4/205 $2,660 /8/5 2:00 AM /5/5 2:00 AM 7 //5 2:00 PM 6.59 $63,80 /2/205 $2,660 /5/5 2:00 AM /22/5 2:00 AM 7 /8/5 2:00 PM 6.59 $63,80 2 /28/205 $2,549 /22/5 2:00 AM /29/5 2:00 AM 7 /25/5 2:00 PM 6.59 $57,008 3 2/5/205 $2,549 /29/5 2:00 AM 2/6/5 2:00 AM 7 2/2/5 2:00 PM 6.59 $57,008 4 2/2/205 $2,549 2/6/5 2:00 AM 2/3/5 2:00 AM 7 2/9/5 2:00 PM 6.59 $57,008 5 2//205 $2,549 2/3/5 2:00 AM 2/20/5 2:00 AM 7 2/6/5 2:00 PM 6.59 $57,008 6 2/26/205 $2,549 2/20/5 2:00 AM 2/27/5 2:00 AM 7 2/23/5 2:00 PM 6.59 $57,008 8 $34,025 6.59 $2,095,447 20 2 22 23 24 Monthly 25 26 0/3/205 $2,66 0//5 2:00 AM //5 2:00 AM 3 0/6/5 2:00 PM 6.59 $6,33 27 /30/205 $2,66 //5 2:00 AM 2//5 2:00 AM 30 /6/5 2:00 AM 6.59 $6,33 28 2/3/205 $2,66 2//5 2:00 AM //6 2:00 AM 3 2/6/5 2:00 PM 6.59 $6,33 29 30 $7,849 6.59 $483,399 3 32 33 34 35 Total $4,874 6.59 $2,578,846 36 37 38 39 The employee 20 % contribution toward health insurance is an offset to the expense. 40 UES is self insured. 4 4/4/206 3:44 PM of UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls Health Insurance Prem 000498
Page of 52 Calculation of Medical lags from Claims lag tables. Dec5 Weighted 2 Months Weighted Claim Total Paid Payments Claim Total Paid Payments Prior $0 40 $0 Prior $0 $0 Jan $400 365 $46,000 Jan $400 $46,000 Feb $0 334 $0 Feb $0 $0 Mar $0 306 $0 Mar $0 $0 Apr $0 275 $0 Apr $0 $0 May $0 245 $0 May $0 $0 Jun $0 24 $0 Jun $0 $0 Jul $0 84 $0 Jul $0 $0 Aug $0 53 $0 Aug $283 $43,305 Sep $33 22 $38,5 Sep $,438 $4,044 Oct $2,34 92 $6,287 Oct $24,268 $2,229,80 Nov $5,670 6 $3,5,856 Nov $62,375 $9,904,599 Dec $4,036 3 $25, Dec $28,6 $863,834 $58,552 62.46 $3,657,404 $26,960 6.59 $3,36,584 Nov5 Weighted Claim Total Paid Payments Prior $0 40 $0 Dec $0 365 $0 Jan $0 334 $0 Feb $0 303 $0 Mar $0 275 $0 Apr $0 244 $0 May $0 24 $0 Jun $0 83 $0 Jul $0 53 $0 Aug $44 22 $53,78 Sep $2,350 9 $23,870 Oct $2,593 6 $,3,52 Nov $2,36 30 $69,483 $26,700 6.96 $,654,286 4/4/206 3:46 PM of 6 UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls Health Insurance Prem 000499
Page 8 of 52 Oct5 Weighted Claim Total Paid Payments Prior $0 40 $0 Nov $0 365 $0 Dec $0 335 $0 Jan $0 304 $0 Feb $0 273 $0 Mar $0 245 $0 Apr $0 24 $0 May $0 84 $0 Jun $0 53 $0 Jul $0 23 $0 Aug $,785 92 $64,250 Sep $45,769 6 $2,79,893 Oct $8,979 3 $278,358 $56,533 57.2 $3,234,50 Sep5 Weighted Claim Total Paid Payments Prior $0 40 $0 Oct $0 365 $0 Nov $0 334 $0 Dec $0 304 $0 Jan $0 273 $0 Feb $0 242 $0 Mar $0 24 $0 Apr $0 83 $0 May $0 53 $0 Jun $0 22 $0 Jul $228 92 $2,06 Aug $5,527 6 $947,35 Sep $2,83 30 $84,932 $8,586 56.66 $,053,082 4/4/206 3:46 PM 2 of 6 UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls Health Insurance Prem 000500
Page of 52 Aug5 Weighted Claim Total Paid Payments Prior $0 40 $0 Sep $0 365 $0 Oct $0 335 $0 Nov $0 304 $0 Dec $0 274 $0 Jan $0 243 $0 Feb $0 22 $0 Mar $0 84 $0 Apr $0 53 $0 May $0 23 $0 Jun $0 92 $0 Jul $7,08 62 $438,993 Aug $2,285 3 $70,845 $9,366 54.44 $509,838 Jul5 Weighted Claim Total Paid Payments Prior $0 40 $0 Aug $0 365 $0 Sep $0 334 $0 Oct $0 304 $0 Nov $0 273 $0 Dec $0 243 $0 Jan $0 22 $0 Feb $0 8 $0 Mar $283 53 $43,305 Apr $0 22 $0 May $23 92 $,270 Jun $3,43 6 $,74 Jul $643 3 $,939 $4,2 63.5 $266,228 4/4/206 3:46 PM 3 of 6 UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls Health Insurance Prem 00050
Page 20 of 52 Jun5 Weighted Claim Total Paid Payments Prior $0 40 $0 Jul $0 365 $0 Aug $0 334 $0 Sep $0 303 $0 Oct $0 273 $0 Nov $0 242 $0 Dec $0 22 $0 Jan $0 8 $0 Feb $0 50 $0 Mar $0 22 $0 Apr $434 9 $39,472 May $4,750 6 $289,777 Jun $,058 30 $3,737 $6,242 57.83 $360,987 May5 Weighted Claim Total Paid Payments Prior $0 40 $0 Jun $0 365 $0 Jul $0 335 $0 Aug $0 304 $0 Sep $0 273 $0 Oct $0 243 $0 Nov $0 22 $0 Dec $0 82 $0 Jan $0 5 $0 Feb $684 20 $82,2 Mar $,7 92 $,582,39 Apr $5,88 6 $358,720 May $,230 3 $38,28 $24,992 82.47 $2,06,099 4/4/206 3:46 PM 4 of 6 UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls Health Insurance Prem 000502
Page 2 of 52 Apr5 Weighted Claim Total Paid Payments Prior $0 40 $0 May $0 365 $0 Jun $0 334 $0 Jul $0 304 $0 Aug $0 273 $0 Sep $0 242 $0 Oct $0 22 $0 Nov $0 8 $0 Dec $0 5 $0 Jan $0 20 $0 Feb $ 89 $,498 Mar $3,282 6 $200,222 Apr $2,373 30 $7,83 $5,672 48. $272,902 Mar5 Weighted Claim Total Paid Payments Prior $0 40 $0 Apr $0 365 $0 May $0 335 $0 Jun $0 304 $0 Jul $0 274 $0 Aug $0 243 $0 Sep $0 22 $0 Oct $0 82 $0 Nov $0 5 $0 Dec $0 2 $0 Jan $0 90 $0 Feb $2,567 59 $5,465 Mar $,435 3 $44,483 $4,002 48.96 $5,948 4/4/206 3:46 PM 5 of 6 UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls Health Insurance Prem 000503
Page 22 of 52 Feb5 Weighted Claim Total Paid Payments Prior $0 40 $0 Mar $0 365 $0 Apr $0 334 $0 May $0 304 $0 Jun $0 273 $0 Jul $0 243 $0 Aug $0 22 $0 Sep $0 8 $0 Oct $0 5 $0 Nov $0 20 $0 Dec $0 90 $0 Jan $,3 59 $65,673 Feb $556 28 $5,560 $,669 48.68 $8,233 Jan5 Weighted Claim Total Paid Payments Prior $0 40 $0 Feb $0 365 $0 Mar $0 337 $0 Apr $0 306 $0 May $0 276 $0 Jun $0 245 $0 Jul $0 25 $0 Aug $0 84 $0 Sep $0 53 $0 Oct $0 23 $0 Nov $0 92 $0 Dec $0 62 $0 Jan $454 3 $4,076 $454 3.00 $4,076 4/4/206 3:46 PM 6 of 6 UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls Health Insurance Prem 000504
Page 23 of 52 Unitil Energy Systems,Inc. Calculation of Payroll Lag Days 4/4/206 2 Months Ended Dec 3, 205 3:44:52 PM Health Savings Account Line Service Period Total Midpoint Payment (Lead) Lag Weighted No Payroll Description Amount Start End Days Service Period Date Days Dollar Days 2 Weekly 3 4 0/3/205 $87 9/27/5 2:00 AM 0/4/5 2:00 AM 7 9/30/5 2:00 PM 0/7/5 2:00 AM 6.50 $566 5 0/0/205 $87 0/4/5 2:00 AM 0//5 2:00 AM 7 0/7/5 2:00 PM 0/4/5 2:00 AM 6.50 $566 6 0//205 $87 0//5 2:00 AM 0/8/5 2:00 AM 7 0/4/5 2:00 PM 0/2/5 2:00 AM 6.50 $566 7 0/24/205 $87 0/8/5 2:00 AM 0/25/5 2:00 AM 7 0/2/5 2:00 PM 0/28/5 2:00 AM 6.50 $566 8 0/3/205 $87 0/25/5 2:00 AM //5 2:00 AM 7 0/28/5 2:00 PM /4/5 2:00 AM 6.50 $566 9 /7/205 $87 //5 2:00 AM /8/5 2:00 AM 7 /4/5 2:00 PM /2/5 2:00 AM 7.50 $653 0 /4/205 $87 /8/5 2:00 AM /5/5 2:00 AM 7 //5 2:00 PM /8/5 2:00 AM 6.50 $566 /2/205 $87 /5/5 2:00 AM /22/5 2:00 AM 7 /8/5 2:00 PM /25/5 2:00 AM 6.50 $566 2 /28/205 $87 /22/5 2:00 AM /29/5 2:00 AM 7 /25/5 2:00 PM 2/2/5 2:00 AM 6.50 $566 3 2/5/205 $87 /29/5 2:00 AM 2/6/5 2:00 AM 7 2/2/5 2:00 PM 2/9/5 2:00 AM 6.50 $566 4 2/2/205 $87 2/6/5 2:00 AM 2/3/5 2:00 AM 7 2/9/5 2:00 PM 2/6/5 2:00 AM 6.50 $566 5 2//205 $87 2/3/5 2:00 AM 2/20/5 2:00 AM 7 2/6/5 2:00 PM 2/23/5 2:00 AM 6.50 $566 6 2/26/205 $87 2/20/5 2:00 AM 2/27/5 2:00 AM 7 2/23/5 2:00 PM 2/30/5 2:00 AM 6.50 $566 8 $,3 6.58 $7,439 20 2 22 23 24 Monthly 25 26 0/3/205 $,890 0//5 2:00 AM //5 2:00 AM 3 0/6/5 2:00 PM 0/2/5 2:00 AM 4.50 $8,505 27 /30/205 $,890 //5 2:00 AM 2//5 2:00 AM 30 /6/5 2:00 AM /8/5 2:00 AM 2.00 $3,780 28 2/3/205 $,890 2//5 2:00 AM //6 2:00 AM 3 2/6/5 2:00 PM 2/6/5 2:00 AM 0.50 $945 29 30 $5,670 2.00 $,340 3 32 33 34 35 Total $6,80 36 37 38 39 Payment date indicates the check date in Dataview 40 4 4/4/206 3:47 PM of UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls Health Savings Acct 000505
Page 24 of 52 Unitil Energy Systems,Inc. Calculation of Payroll Lag Days 4/4/206 2 Months Ended Dec 3, 205 3:44:52 PM Dental Premium Line Service Period Total Midpoint (Lead) Lag Weighted No Payroll Description Amount Start End Days Service Period Days Dollar Days 2 Weekly 3 4 0/3/205 $8 9/27/5 2:00 AM 0/4/5 2:00 AM 7 9/30/5 2:00 PM 47.3 $8,378 5 0/0/205 $8 0/4/5 2:00 AM 0//5 2:00 AM 7 0/7/5 2:00 PM 47.3 $8,378 6 0//205 $8 0//5 2:00 AM 0/8/5 2:00 AM 7 0/4/5 2:00 PM 47.3 $8,378 7 0/24/205 $8 0/8/5 2:00 AM 0/25/5 2:00 AM 7 0/2/5 2:00 PM 47.3 $8,378 8 0/3/205 $8 0/25/5 2:00 AM //5 2:00 AM 7 0/28/5 2:00 PM 47.3 $8,378 9 /7/205 $8 //5 2:00 AM /8/5 2:00 AM 7 /4/5 2:00 PM 47.3 $8,378 0 /4/205 $8 /8/5 2:00 AM /5/5 2:00 AM 7 //5 2:00 PM 47.3 $8,378 /2/205 $8 /5/5 2:00 AM /22/5 2:00 AM 7 /8/5 2:00 PM 47.3 $8,378 2 /28/205 $69 /22/5 2:00 AM /29/5 2:00 AM 7 /25/5 2:00 PM 47.3 $7,974 3 2/5/205 $69 /29/5 2:00 AM 2/6/5 2:00 AM 7 2/2/5 2:00 PM 47.3 $7,974 4 2/2/205 $69 2/6/5 2:00 AM 2/3/5 2:00 AM 7 2/9/5 2:00 PM 47.3 $7,974 5 2//205 $69 2/3/5 2:00 AM 2/20/5 2:00 AM 7 2/6/5 2:00 PM 47.3 $7,974 6 2/26/205 $69 2/20/5 2:00 AM 2/27/5 2:00 AM 7 2/23/5 2:00 PM 47.3 $7,974 8 $2,268 47.3 $06,892 20 2 22 23 24 Monthly 25 26 0/3/205 $264 0//5 2:00 AM //5 2:00 AM 3 0/6/5 2:00 PM 47.3 $2,438 27 /30/205 $264 //5 2:00 AM 2//5 2:00 AM 30 /6/5 2:00 AM 47.3 $2,438 28 2/3/205 $264 2//5 2:00 AM //6 2:00 AM 3 2/6/5 2:00 PM 47.3 $2,438 29 30 $792 47.3 $37,34 3 32 33 34 35 Total $3,060 47.3 $44,206 36 37 38 39 The employee 20% contribution toward dental insurance is an offset to the expense. 40 UES is self insured. 4 42 Lag days based on Health Insurance Premium lag 43 4/4/206 3:47 PM of UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls Dental Premium 000506
Page 25 of 52 Calculation of Dental lags from Claims lag tables. Dec5 Weighted 2 Months Weighted Claim Total Paid Payments Claim Total Paid Payments Prior $0 40 $0 Prior $620 $280,860 Jan $0 365 $0 Jan $0 $0 Feb $43 334 $47,762 Feb $43 $47,762 Mar $0 306 $0 Mar $0 $0 Apr $0 275 $0 Apr $529 $44,28 May $0 245 $0 May $0 $0 Jun $0 24 $0 Jun $0 $0 Jul $0 84 $0 Jul $0 $0 Aug $0 53 $0 Aug $0 $0 Sep $43 22 $,446 Sep $43 $,446 Oct $0 92 $0 Oct $,440 $29,852 Nov $786 6 $47,956 Nov $9,336 $565,459 Dec $3,847 3 $,255 Dec $22,469 $687,650 $4,9 47.25 $232,4 $33,622 47.3 $,584,748 Nov5 Weighted Claim Total Paid Payments Prior $0 40 $0 Dec $0 365 $0 Jan $0 334 $0 Feb $0 303 $0 Mar $0 275 $0 Apr $0 244 $0 May $0 24 $0 Jun $0 83 $0 Jul $0 53 $0 Aug $0 22 $0 Sep $0 9 $0 Oct $90 6 $55,480 Nov $3,539 30 $06,3 $4,449 36.34 $6,653 4/4/206 3:49 PM of 6 UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls Dental Premium 000507
Page 26 of 52 Oct5 Weighted Claim Total Paid Payments Prior $0 40 $0 Nov $0 365 $0 Dec $0 335 $0 Jan $0 304 $0 Feb $0 273 $0 Mar $0 245 $0 Apr $0 24 $0 May $0 84 $0 Jun $0 53 $0 Jul $0 23 $0 Aug $0 92 $0 Sep $,078 6 $65,746 Oct $,25 3 $34,88 $2,203 45.68 $00,627 Sep5 Weighted Claim Total Paid Payments Prior $0 40 $0 Oct $0 365 $0 Nov $0 334 $0 Dec $0 304 $0 Jan $0 273 $0 Feb $0 242 $0 Mar $0 24 $0 Apr $0 83 $0 May $0 53 $0 Jun $0 22 $0 Jul $0 92 $0 Aug $,734 6 $05,772 Sep $3,528 30 $05,825 $5,26 40.22 $2,597 4/4/206 3:49 PM 2 of 6 UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls Dental Premium 000508
Page 27 of 52 Aug5 Weighted Claim Total Paid Payments Prior $0 40 $0 Sep $0 365 $0 Oct $0 335 $0 Nov $0 304 $0 Dec $0 274 $0 Jan $0 243 $0 Feb $0 22 $0 Mar $0 84 $0 Apr $0 53 $0 May $0 23 $0 Jun $0 92 $0 Jul $54 62 $9,573 Aug $5,578 3 $2,909 $5,732 3.84 $82,482 Jul5 Weighted Claim Total Paid Payments Prior $0 40 $0 Aug $0 365 $0 Sep $0 334 $0 Oct $0 304 $0 Nov $0 273 $0 Dec $0 243 $0 Jan $0 22 $0 Feb $0 8 $0 Mar $0 53 $0 Apr $0 22 $0 May $43 92 $3,56 Jun $294 6 $,90 Jul $,56 3 $48,377 $,997 39.78 $79,443 4/4/206 3:49 PM 3 of 6 UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls Dental Premium 000509
Page 28 of 52 Jun5 Weighted Claim Total Paid Payments Prior $0 40 $0 Jul $0 365 $0 Aug $0 334 $0 Sep $0 303 $0 Oct $0 273 $0 Nov $0 242 $0 Dec $0 22 $0 Jan $0 8 $0 Feb $0 50 $0 Mar $0 22 $0 Apr $0 9 $0 May $365 6 $22,265 Jun $526 30 $5,792 $89 42.69 $38,057 May5 Weighted Claim Total Paid Payments Prior $0 40 $0 Jun $0 365 $0 Jul $0 335 $0 Aug $0 304 $0 Sep $0 273 $0 Oct $0 243 $0 Nov $0 22 $0 Dec $0 82 $0 Jan $0 5 $0 Feb $0 20 $0 Mar $0 92 $0 Apr $,060 6 $64,660 May $525 3 $6,280 $,585 5.06 $80,940 4/4/206 3:49 PM 4 of 6 UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls Dental Premium 00050
Page 29 of 52 Apr5 Weighted Claim Total Paid Payments Prior $620 453 $280,860 May $0 365 $0 Jun $0 334 $0 Jul $0 304 $0 Aug $0 273 $0 Sep $0 242 $0 Oct $0 22 $0 Nov $0 8 $0 Dec $0 5 $0 Jan $0 20 $0 Feb $0 89 $0 Mar $863 6 $52,655 Apr $723 30 $2,675 $2,206 6.03 $355,0 Mar5 Weighted Claim Total Paid Payments Prior $0 40 $0 Apr $0 365 $0 May $0 335 $0 Jun $0 304 $0 Jul $0 274 $0 Aug $0 243 $0 Sep $0 22 $0 Oct $0 82 $0 Nov $0 5 $0 Dec $0 2 $0 Jan $0 90 $0 Feb $,836 59 $08,3 Mar $823 3 $25,525 $2,659 50.33 $33,842 4/4/206 3:49 PM 5 of 6 UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls Dental Premium 0005
Page 30 of 52 Feb5 Weighted Claim Total Paid Payments Prior $0 40 $0 Mar $0 365 $0 Apr $0 334 $0 May $0 304 $0 Jun $529 273 $44,28 Jul $0 243 $0 Aug $0 22 $0 Sep $0 8 $0 Oct $0 5 $0 Nov $0 20 $0 Dec $,297 90 $6,696 Jan $256 59 $5,26 Feb $6 28 $5,488 $,22 5.7 $6,970 Jan5 Weighted Claim Total Paid Payments Prior $0 40 $0 Feb $0 365 $0 Mar $0 337 $0 Apr $0 306 $0 May $0 276 $0 Jun $0 245 $0 Jul $0 25 $0 Aug $0 84 $0 Sep $0 53 $0 Oct $0 23 $0 Nov $0 92 $0 Dec $0 62 $0 Jan $499 3 $5,469 $499 3.00 $5,469 4/4/206 3:49 PM 6 of 6 UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls Dental Premium 00052
Page 3 of 52 Unitil Energy Systems,Inc. Calculation of Payroll Lag Days 4/4/206 2 Months Ended Dec 3, 205 3:48:27 PM Vision Premium Line Service Period Total Midpoint Payment (Lead) Lag Weighted No Payroll Description Amount Start End Days Service Period Date Days Dollar Days 2 Weekly 3 4 0/3/205 $48 9/27/5 2:00 AM 0/4/5 2:00 AM 7 9/30/5 2:00 PM 45. $2,9 5 0/0/205 $48 0/4/5 2:00 AM 0//5 2:00 AM 7 0/7/5 2:00 PM 45. $2,9 6 0//205 $48 0//5 2:00 AM 0/8/5 2:00 AM 7 0/4/5 2:00 PM 45. $2,9 7 0/24/205 $48 0/8/5 2:00 AM 0/25/5 2:00 AM 7 0/2/5 2:00 PM 45. $2,9 8 0/3/205 $48 0/25/5 2:00 AM //5 2:00 AM 7 0/28/5 2:00 PM 45. $2,9 9 /7/205 $48 //5 2:00 AM /8/5 2:00 AM 7 /4/5 2:00 PM 45. $2,9 0 /4/205 $48 /8/5 2:00 AM /5/5 2:00 AM 7 //5 2:00 PM 45. $2,9 /2/205 $48 /5/5 2:00 AM /22/5 2:00 AM 7 /8/5 2:00 PM 45. $2,9 2 /28/205 $46 /22/5 2:00 AM /29/5 2:00 AM 7 /25/5 2:00 PM 45. $2,082 3 2/5/205 $46 /29/5 2:00 AM 2/6/5 2:00 AM 7 2/2/5 2:00 PM 45. $2,082 4 2/2/205 $46 2/6/5 2:00 AM 2/3/5 2:00 AM 7 2/9/5 2:00 PM 45. $2,082 5 2//205 $46 2/3/5 2:00 AM 2/20/5 2:00 AM 7 2/6/5 2:00 PM 45. $2,082 6 2/26/205 $46 2/20/5 2:00 AM 2/27/5 2:00 AM 7 2/23/5 2:00 PM 45. $2,082 8 $66 45. $27,84 20 2 22 23 24 Monthly 25 26 0/3/205 $56 0//5 2:00 AM //5 2:00 AM 3 0/6/5 2:00 PM 45. $2,53 27 /30/205 $56 //5 2:00 AM 2//5 2:00 AM 30 /6/5 2:00 AM 45. $2,53 28 2/3/205 $56 2//5 2:00 AM //6 2:00 AM 3 2/6/5 2:00 PM 45. $2,53 29 30 $67 45. $7,538 3 32 33 34 35 Total $783 45. $35,379 36 37 38 UES is self insured for Vision. 39 The employee contribution toward vision insurance is an offset to the expense. 40 The lag until payment is made to the provider is estimated to be 30 days after the payroll deduction. 4 4/4/206 3:50 PM of UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls Vision Premium 00053
Page 32 of 52 Calculation of Vision lags from Claims lag tables. Dec5 Weighted 2 Months Weighted Claim Total Paid Payments Claim Total Paid Payments Prior $0 40 $0 Prior $0 $0 Jan $0 365 $0 Jan $0 $0 Feb $0 334 $0 Feb $0 $0 Mar $0 306 $0 Mar $0 $0 Apr $0 275 $0 Apr $0 $0 May $0 245 $0 May $0 $0 Jun $0 24 $0 Jun $0 $0 Jul $0 84 $0 Jul $0 $0 Aug $0 53 $0 Aug $236 $35,636 Sep $69 22 $8,48 Sep $40 $49,836 Oct $0 92 $0 Oct $700 $63,897 Nov $,676 6 $02,236 Nov $8,497 $,26,436 Dec $2,989 3 $92,659 Dec $25,832 $787,06 $4,734 42.95 $203,33 $45,674 45. $2,062,9 Nov5 Weighted Claim Total Paid Payments Prior $0 40 $0 Dec $0 365 $0 Jan $0 334 $0 Feb $0 303 $0 Mar $0 275 $0 Apr $0 244 $0 May $0 24 $0 Jun $0 83 $0 Jul $0 53 $0 Aug $05 22 $2,80 Sep $0 9 $0 Oct $2,03 6 $22,793 Nov $2,387 30 $7,60 $4,505 46.00 $207,23 4/4/206 3:53 PM of 6 UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls Vision Premium 00054
Page 33 of 52 Oct5 Weighted Claim Total Paid Payments Prior $0 40 $0 Nov $0 365 $0 Dec $0 335 $0 Jan $0 304 $0 Feb $0 273 $0 Mar $0 245 $0 Apr $0 24 $0 May $0 84 $0 Jun $0 53 $0 Jul $50 23 $6,50 Aug $0 92 $0 Sep $,5 6 $72,895 Oct $,285 3 $39,835 $2,530 46.99 $8,880 Sep5 Weighted Claim Total Paid Payments Prior $0 40 $0 Oct $0 365 $0 Nov $0 334 $0 Dec $0 304 $0 Jan $0 273 $0 Feb $0 242 $0 Mar $0 24 $0 Apr $0 83 $0 May $0 53 $0 Jun $69 22 $8,48 Jul $0 92 $0 Aug $2,20 6 $34,786 Sep $,497 30 $44,898 $3,775 49.83 $88,02 4/4/206 3:53 PM 2 of 6 UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls Vision Premium 00055
Page 34 of 52 Aug5 Weighted Claim Total Paid Payments Prior $0 40 $0 Sep $0 365 $0 Oct $0 335 $0 Nov $0 304 $0 Dec $0 274 $0 Jan $0 243 $0 Feb $0 22 $0 Mar $0 84 $0 Apr $0 53 $0 May $0 23 $0 Jun $0 92 $0 Jul $,896 62 $,527 Aug $,704 3 $52,82 $3,599 47.33 $0,339 Jul5 Weighted Claim Total Paid Payments Prior $0 40 $0 Aug $0 365 $0 Sep $0 334 $0 Oct $0 304 $0 Nov $0 273 $0 Dec $0 243 $0 Jan $0 22 $0 Feb $0 8 $0 Mar $0 53 $0 Apr $0 22 $0 May $45 92 $3,340 Jun $689 6 $42,005 Jul $2,229 3 $69,087 $3,062 40.63 $24,43 4/4/206 3:53 PM 3 of 6 UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls Vision Premium 00056
Page 35 of 52 Jun5 Weighted Claim Total Paid Payments Prior $0 40 $0 Jul $0 365 $0 Aug $0 334 $0 Sep $0 303 $0 Oct $0 273 $0 Nov $0 242 $0 Dec $0 22 $0 Jan $0 8 $0 Feb $0 50 $0 Mar $0 22 $0 Apr $7 9 $6,46 May $584 6 $35,624 Jun $3,299 30 $98,970 $3,954 35.67 $4,055 May5 Weighted Claim Total Paid Payments Prior $0 40 $0 Jun $0 365 $0 Jul $0 335 $0 Aug $0 304 $0 Sep $0 273 $0 Oct $0 243 $0 Nov $0 22 $0 Dec $0 82 $0 Jan $0 5 $0 Feb $0 20 $0 Mar $70 92 $6,440 Apr $2,493 6 $52,073 May $3,42 3 $06,05 $5,984 44.2 $264,564 4/4/206 3:53 PM 4 of 6 UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls Vision Premium 0005
Page 36 of 52 Apr5 Weighted Claim Total Paid Payments Prior $0 40 $0 May $0 365 $0 Jun $0 334 $0 Jul $0 304 $0 Aug $0 273 $0 Sep $0 242 $0 Oct $0 22 $0 Nov $0 8 $0 Dec $0 5 $0 Jan $ 20 $4,040 Feb $0 89 $0 Mar $708 6 $43,206 Apr $2,556 30 $76,686 $3,382 39.6 $33,932 Mar5 Weighted Claim Total Paid Payments Prior $0 40 $0 Apr $0 365 $0 May $0 335 $0 Jun $0 304 $0 Jul $0 274 $0 Aug $0 243 $0 Sep $0 22 $0 Oct $0 82 $0 Nov $0 5 $0 Dec $0 2 $0 Jan $45 90 $3,050 Feb $,392 59 $82,28 Mar $2,276 3 $70,556 $3,83 43.47 $65,734 4/4/206 3:53 PM 5 of 6 UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls Vision Premium 00058
Page 37 of 52 Feb5 Weighted Claim Total Paid Payments Prior $0 40 $0 Mar $0 365 $0 Apr $0 334 $0 May $0 304 $0 Jun $0 273 $0 Jul $0 243 $0 Aug $0 22 $0 Sep $0 8 $0 Oct $236 5 $35,636 Nov $0 20 $0 Dec $7 90 $6,390 Jan $,539 59 $90,777 Feb $,32 28 $36,725 $3,57 53.70 $69,528 Jan5 Weighted Claim Total Paid Payments Prior $0 40 $0 Feb $0 365 $0 Mar $0 337 $0 Apr $0 306 $0 May $0 276 $0 Jun $0 245 $0 Jul $0 25 $0 Aug $0 84 $0 Sep $0 53 $0 Oct $0 23 $0 Nov $8 92 $8,26 Dec $2,03 62 $30,386 Jan $878 3 $27,28 $3,9 55.3 $5,820 4/4/206 3:53 PM 6 of 6 UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls Vision Premium 0005
Page 38 of 52 Unitil Energy Systems,Inc. Calculation of Payroll Lag Days 4/4/206 2 Months Ended Dec 3, 205 3:53:02 PM Supplemental Life Premium Line Service Period Total Midpoint Payment (Lead) Lag Weighted No Payroll Description Amount Start End Days Service Period Date Days Dollar Days 2 Weekly 3 4 0/3/205 $ 9/27/5 2:00 AM 0/4/5 2:00 AM 7 9/30/5 2:00 PM 0/26/5 2:00 AM 25.50 $2,978 5 0/0/205 $ 0/4/5 2:00 AM 0//5 2:00 AM 7 0/7/5 2:00 PM 0/26/5 2:00 AM 8.50 $2,6 6 0//205 $ 0//5 2:00 AM 0/8/5 2:00 AM 7 0/4/5 2:00 PM 0/26/5 2:00 AM.50 $,343 7 0/24/205 $ 0/8/5 2:00 AM 0/25/5 2:00 AM 7 0/2/5 2:00 PM 0/26/5 2:00 AM 4.50 $526 8 0/3/205 $ 0/25/5 2:00 AM //5 2:00 AM 7 0/28/5 2:00 PM 0/26/5 2:00 AM 2.50 $292 9 /7/205 $ //5 2:00 AM /8/5 2:00 AM 7 /4/5 2:00 PM 2/2/5 2:00 AM 27.50 $3,22 0 /4/205 $ /8/5 2:00 AM /5/5 2:00 AM 7 //5 2:00 PM 2/2/5 2:00 AM 20.50 $2,394 /2/205 $ /5/5 2:00 AM /22/5 2:00 AM 7 /8/5 2:00 PM 2/2/5 2:00 AM 3.50 $,577 2 /28/205 $ /22/5 2:00 AM /29/5 2:00 AM 7 /25/5 2:00 PM 2/2/5 2:00 AM 6.50 $759 3 2/5/205 $ /29/5 2:00 AM 2/6/5 2:00 AM 7 2/2/5 2:00 PM 2/28/5 2:00 AM 25.50 $2,978 4 2/2/205 $ 2/6/5 2:00 AM 2/3/5 2:00 AM 7 2/9/5 2:00 PM 2/28/5 2:00 AM 8.50 $2,6 5 2//205 $ 2/3/5 2:00 AM 2/20/5 2:00 AM 7 2/6/5 2:00 PM 2/28/5 2:00 AM.50 $,343 6 2/26/205 $ 2/20/5 2:00 AM 2/27/5 2:00 AM 7 2/23/5 2:00 PM 2/28/5 2:00 AM 4.50 $526 8 $,58 4.27 $2,665 20 2 22 23 24 Monthly 25 26 0/3/205 $40 0//5 2:00 AM //5 2:00 AM 3 0/6/5 2:00 PM 0/26/5 2:00 AM 9.50 $,328 27 /30/205 $40 //5 2:00 AM 2//5 2:00 AM 30 /6/5 2:00 AM 2/2/5 2:00 AM 6.00 $2,236 28 2/3/205 $40 2//5 2:00 AM //6 2:00 AM 3 2/6/5 2:00 PM 2/28/5 2:00 AM.50 $,607 29 30 $4 2.33 $5,0 3 32 33 34 3.85 $26,835 35 Total Weighted Lag $,937 36 37 38 39 Payment date indicates the check date in Dataview. 40 4 4/4/206 3:54 PM of UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls Supplemental Life Premium 000520
Page 39 of 52 Unitil Energy Systems,Inc. Calculation of Payroll Lag Days 4/4/206 2 Months Ended Dec 3, 205 3:53:02 PM Supplemental AD&D Premium Line Net Payroll Service Period Total Midpoint Payment (Lead) Lag Weighted No Payroll Description Amount Start End Days Service Period Date Days Dollar Days 2 Weekly 3 4 0/3/205 $ 9/27/5 2:00 AM 0/4/5 2:00 AM 7 9/30/5 2:00 PM 0/26/5 2:00 AM 25.50 $29 5 0/0/205 $ 0/4/5 2:00 AM 0//5 2:00 AM 7 0/7/5 2:00 PM 0/26/5 2:00 AM 8.50 $2 6 0//205 $ 0//5 2:00 AM 0/8/5 2:00 AM 7 0/4/5 2:00 PM 0/26/5 2:00 AM.50 $3 7 0/24/205 $ 0/8/5 2:00 AM 0/25/5 2:00 AM 7 0/2/5 2:00 PM 0/26/5 2:00 AM 4.50 $5 8 0/3/205 $ 0/25/5 2:00 AM //5 2:00 AM 7 0/28/5 2:00 PM 0/26/5 2:00 AM 2.50 $29 9 /7/205 $ //5 2:00 AM /8/5 2:00 AM 7 /4/5 2:00 PM 2/2/5 2:00 AM 27.50 $34 0 /4/205 $ /8/5 2:00 AM /5/5 2:00 AM 7 //5 2:00 PM 2/2/5 2:00 AM 20.50 $234 /2/205 $ /5/5 2:00 AM /22/5 2:00 AM 7 /8/5 2:00 PM 2/2/5 2:00 AM 3.50 $54 2 /28/205 $ /22/5 2:00 AM /29/5 2:00 AM 7 /25/5 2:00 PM 2/2/5 2:00 AM 6.50 $74 3 2/5/205 $ /29/5 2:00 AM 2/6/5 2:00 AM 7 2/2/5 2:00 PM 2/28/5 2:00 AM 25.50 $29 4 2/2/205 $ 2/6/5 2:00 AM 2/3/5 2:00 AM 7 2/9/5 2:00 PM 2/28/5 2:00 AM 8.50 $2 5 2//205 $ 2/3/5 2:00 AM 2/20/5 2:00 AM 7 2/6/5 2:00 PM 2/28/5 2:00 AM.50 $3 6 2/26/205 $ 2/20/5 2:00 AM 2/27/5 2:00 AM 7 2/23/5 2:00 PM 2/28/5 2:00 AM 4.50 $5 8 $48 4.27 $2,5 20 2 22 23 24 Monthly 25 26 0/3/205 $3 0//5 2:00 AM //5 2:00 AM 3 0/6/5 2:00 PM 0/26/5 2:00 AM 9.50 $25 27 /30/205 $3 //5 2:00 AM 2//5 2:00 AM 30 /6/5 2:00 AM 2/2/5 2:00 AM 6.00 $43 28 2/3/205 $3 2//5 2:00 AM //6 2:00 AM 3 2/6/5 2:00 PM 2/28/5 2:00 AM.50 $3 29 30 $8 2.33 $99 3 32 33 4. $2,24 34 Total Weighted Lag $56 35 36 37 38 Payment date indicates the check date in Dataview. 39 40 4/4/206 3:55 PM of UES Non ADP Payroll Ded Lead Lag 235 Rev 3256.xls Supplemental AD&D Prem 00052