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UNITED
STATES
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SECURITIES
AND EXCHANGE COMMISSION
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WASHINGTON,
D. C. 20549
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FORM
11-K
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[x]
ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE
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SECURITIES
EXCHANGE ACT OF 1934
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For
the fiscal year ended December
31, 2005
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OR
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[
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TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE
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SECURITIES
EXCHANGE ACT OF 1934
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Commission
file number 1-4996
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A. Full
title of the plan and address of the plan, if different from that
of the
issuer named below:
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Alltel
Corporation 401(k) Plan
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B. Name
of issuer of the securities held pursuant to the plan and the address
of
the
principal
executive office:
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ALLTEL
Corporation
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One
Allied Drive
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Little
Rock, Arkansas 72202
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Page
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Report
of Independent Registered Public Accounting Firm
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1
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Financial
Statements:
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Statements
of Net Assets Available for Benefits
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as
of December 31, 2005 and 2004
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2
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Statement
of Changes in Net Assets Available for Benefits
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for
the year ended December 31, 2005
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3
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Notes
to Financial Statements and Supplemental Schedule
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4
-
12
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Supplemental
Schedule:
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Schedule
I: Schedule H, Line 4i - Schedule of Assets
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(Held
at End of Year) as of December 31, 2005
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13
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2005
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2004
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Cash
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$
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548,405
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$
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505,679
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Investments,
at fair value:
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ALLTEL
Corporation common stock
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82,187,515
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80,350,580
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Common
collective trust funds
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62,523,041
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62,341,009
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Mutual
investment funds
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375,621,246
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350,229,669
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Participant
loans
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10,370,009
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10,386,719
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Total
investments
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530,701,811
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503,307,977
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Receivables:
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Employer’s
contribution
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7,105,982
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7,120,470
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Accrued
interest and dividends
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511,481
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520,538
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Due
from broker
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39,108
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203,787
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Total
receivables
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7,656,571
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7,844,795
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NET
ASSETS AVAILABLE FOR BENEFITS
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$
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538,906,787
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$
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511,658,451
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ADDITIONS:
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Investment
income:
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Dividend
income
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$
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20,924,488
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Interest
income
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694,408
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Net
appreciation in fair value of investments
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12,918,527
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Total
investment income
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34,537,423
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Contributions:
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Employer
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7,106,287
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Employee
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36,186,650
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Employee
rollovers
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2,150,307
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Total
contributions
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45,443,244
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Total
additions
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79,980,667
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DEDUCTIONS:
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Benefit
payments and withdrawals
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52,732,331
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Total
deductions
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52,732,331
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Net
increase
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27,248,336
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NET
ASSETS AVAILABLE FOR BENEFITS:
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Beginning
of year
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511,658,451
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End
of year
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$
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538,906,787
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The
following is a brief description of the Alltel Corporation 401(k)
Plan
(the “Plan”), and the administration thereof and is provided for general
information purposes only. Participants should refer to the Plan
document
or the summary plan description for a more complete description of
the
Plan’s provisions.
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The
Plan is a defined contribution employee benefit plan which includes
a cash
or wage deferral arrangement that covers eligible bargaining and
non-bargaining employees of ALLTEL Corporation and its subsidiaries
(“Alltel” or the “Company”). The Plan is subject to the provisions of the
Employee Retirement Income Security Act of 1974 (“ERISA”). Effective
January 1, 2002, the Plan complied with the provisions of the Economic
Growth and Tax Relief Reconciliation
Act.
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Administration
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The
Plan is administered by Alltel (the “Administrator”). Pursuant to the
terms of a trust agreement entered into as of June 1, 2004, Merrill
Lynch
Trust Company, FSB (“Merrill Lynch” or the “Trustee”) became trustee of
the Plan. Prior to June 1, 2004, JPMorgan Chase Bank (“JPMorgan”) was the
trustee. Merrill Lynch & Company, Inc. is the record keeper for the
Plan. Prior to June 1, 2004, Howard Johnson & Company, a subsidiary of
Merrill Lynch & Company, Inc., was the record keeper for the
Plan.
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Participation
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Employees
are eligible to participate in the wage deferral portion of the Plan
immediately upon employment with a participating employer. Any employee
who is (1) excluded by a collective bargaining agreement, subject
to
certain limitations, (2) leased by the Company or (3) is a nonresident
alien with no U.S. income is not eligible to participate in the
Plan.
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Plan
Contributions
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Each
year, participants may contribute up to 25 percent of their pretax
annual
compensation to the Plan, as defined in the Plan document. Participant
contributions are subject to certain dollar limitations established
by the
Internal Revenue Service (the “IRS”), which was $14,000 in 2005. Employees
considered “highly compensated”, as defined in the Internal Revenue Code
(the “Code”) and the Plan document, are currently limited to contributing
up to 8 percent of their pretax annual compensation. Following the
end of
the Plan year, the Company will contribute in cash one percent of
eligible
Plan compensation to the account of every eligible participant. A
participant will receive this qualified non-elective employer contribution
regardless of whether the participant has elected to defer any of
his/her
own compensation to the Plan. To qualify for the qualified non-elective
employer contribution, a participant must: (1) have worked at least
1,000
hours during the year for which the contribution is being made; (2)
have
completed one year of service (defined as twelve consecutive months
during
which at least 1,000 hours are worked); (3) be a non-collectively
bargained employee; and (4) be employed by the Company on the last
business day of the year. The qualified non-elective employer contribution
will also be made to the account of an eligible participant who dies,
becomes disabled or qualifies for normal or early retirement during
the
Plan year.
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Effective
for Plan years beginning on and after January 1, 2002, eligible
participants who have attained fifty (50) years of age prior to the
end of
the applicable Plan year shall be eligible to make catch-up contributions
in accordance with, and subject to the limitations of Section 414(v)
of
the IRC. Such catch-up contributions are not eligible for additional
matching employer contributions, if
applicable.
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The
Plan as amended and restated allows for any eligible employee who
was a
participant in a plan qualified under Section 401 of the Code and
who
receives a cash distribution from such plan to make a rollover
contribution to the Plan. Such rollover contributions are permitted
provided the employee is entitled under Section 402 (c)(1) or Section
408
(d)(3)(A) of the Code to rollover a distribution to another qualified
retirement plan.
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Participant
Accounts
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Individual
accounts are maintained for each of the Plan’s participants to reflect the
participant’s contributions and related employer non-elective and matching
contributions, if applicable, as well as the participant’s share of the
Plan’s earnings and any related administrative expenses. Participant
accounts are valued daily (NYSE trading days) based on the number
of
shares held and closing prices or net asset values, as applicable.
The
Plan’s earnings and administrative expenses, if applicable, are allocated
to participants’ accounts at least quarterly and are based upon
participant account balances. The benefit to which a participant
is
entitled is the benefit that can be provided from the participant’s vested
account.
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Vesting
and Benefits
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Participants
are immediately fully vested in their employee contributions, non-elective
and matching employer contributions and the accumulated earnings
thereon.
Participants may elect upon termination of employment to defer payment
of
their account balance if it exceeds $1,000 ($5,000 for distributions
made
prior to March 28, 2005). The Plan’s obligation for the undistributed net
assets of former employees approximated $232,652,000 and $299,120,000
as
of December 31, 2005 and 2004, respectively. As of December 31, 2005
and
2004, the Plan had 19,102 and 18,335 participants with account balances,
respectively.
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Benefit
Payments
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Participants
or their beneficiaries, as applicable, are entitled to receive
distribution of their Plan account when they retire at age 65 or
later, if
they become permanently disabled, upon death or upon separation from
service with the Company. The Plan permits early retirement between
ages
55 and 65 provided that required service levels have been met. For
distributions made prior to March 28, 2005, participants could elect
upon
termination of employment to defer payment of their account balance
if it
exceeded $5,000. If a participant’s account balance was equal to or less
than $5,000, the account was distributed in a lump-sum payment. For
distributions made on or after March 28, 2005, participants may elect
upon
termination of employment to defer payment of their account balance
if it
exceeds $1,000. If a participant’s account balance is equal to or less
than $1,000, the account will be distributed in a lump-sum payment.
Additionally, participants may withdraw funds from their Plan account
with
the approval of the Administrator, for “hardship” reasons as defined by
the IRS.
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While
it has not expressed any intention to do so, the Administrator has
the
right to terminate the Plan. In the event that the Plan is terminated,
each participant shall be entitled to receive the entire amount of
his/her
account balance in cash or in assets of the Plan, as the Trustee
shall
determine. Participants in the Plan are entitled to certain rights
and
protection under ERISA.
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Financial
Statement Presentation
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The
accompanying financial statements have been prepared on the accrual
basis
of accounting. The financial statements and supplementary schedule
have
been prepared to satisfy the reporting and disclosure requirements
of
ERISA. The preparation of financial statements in conformity with
accounting principles generally accepted in the United States of
America
requires the Administrator to make estimates and assumptions that
affect
the amount of assets, liabilities, income and expenses, and disclosures
of
certain contingent assets and liabilities reported or disclosed in
the
financial statements. The estimates and assumptions used in preparing
the
accompanying financial statements are based upon the Administrator’s
evaluation of the relevant facts and circumstances as of the dates
of the
financial statements. Actual results may differ from the estimates
and
assumptions used in preparing the accompanying financial statements
and
such differences could be material.
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Investments
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ALLTEL
Corporation Common Stock Fund
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Contributions to this fund are used by the Trustee to purchase shares
of
Alltel common stock in the open
market.
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Core
Bond Total Return Portfolio
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This fund managed by BlackRock seeks long-term capital appreciation
through investment in investment grade bonds from several fixed income
sectors including U.S. Treasuries and agency securities, commercial
and
residential mortgage-backed securities, collateralized mortgage
obligations, asset-backed securities and corporate bonds. The Fund
attempts to exceed the total return of the Lehman Brothers Aggregate
Bond
Index, an index designed to measure the aggregate performance of
the U.S.
market for investment-grade debt
securities.
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Equity
Growth Fund
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This fund managed by Fidelity seeks long-term capital appreciation
by
investing primarily in stocks having potential for above-average
earnings
and revenue growth.
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Equity-Income
Fund
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This fund managed by Fidelity seeks reasonable income and capital
appreciation by investing in income producing equity securities,
primarily
consisting of stocks with large
capitalizations.
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EuroPacific
Growth Fund
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This fund managed by Capital seeks long-term capital appreciation
through
investment in stocks of foreign companies primarily located in Europe,
Asia and the Pacific Basin.
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Explorer
Fund -
This fund managed by Vanguard seeks long-term capital appreciation
through
investment in a diversified group of small company stocks that offer
above-average growth potential.
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Institutional
Index Fund
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This fund managed by Vanguard seeks long-term capital appreciation
through
investment in substantially the same common stocks that comprise
the
Standard & Poor’s 500 Composite Stock Price Index (the “S&P 500
Index”), an index designed to measure the aggregate performance of the
U.S. market for stocks with large
capitalizations.
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MainStay
High Yield Corporate Bond Fund
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This fund managed by New York Life seeks maximum current income through
investment in a diversified portfolio of high-yield debt
securities.
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Oakmark
International Fund
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This fund managed by Harris seeks long-term capital appreciation
by
investing in common stocks of non-U.S.
companies.
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RREEF
Real Estate Securities Fund
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This fund managed by Scudder seeks long-term capital appreciation
and
current income through investment in equity securities of real estate
investment trusts (“REITs”) and companies engaged in the real estate
industry.
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Retirement
Preservation Trust
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This fund managed by Merrill Lynch seeks to provide preservation
of
capital, liquidity and current income at levels typically higher
than
those provided by money market funds through investment in a diversified
portfolio of guaranteed investment contracts and in high-quality
money
market securities.
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The
Plan also offers participants the ability to diversify their investment
portfolio by investing in Goal Manager. Under this investment option,
participants select one of five different portfolio models based
on their
overall investment strategy and aversion to investment risk. Each
of the
portfolio models is comprised of a predetermined mix of the investment
options offered by the Plan and consists of the
following:
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Conservative
Model
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For participants most interested in preserving their investment,
this
model directs 5 percent of its assets to cash or cash equivalents,
90
percent to bond funds and 5 percent to stock
funds.
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Conservative
to Moderate Model
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For participants seeking to preserve their investment while assuming
some
risk, this model directs 5 percent of its assets to cash or cash
equivalents, 70 percent to bond funds and 25 percent to stock
funds.
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Moderate
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For participants, who seek a balance between risk and reward, this
model
seeks moderate growth by directing 50 percent of its assets to bond
funds
and 50 percent to stock funds.
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Moderate
to Aggressive Model
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For participants more comfortable with risk, this model seeks higher
growth than the Moderate model by directing 35 percent of its assets
to
bond funds and 65 percent to stock
funds.
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Aggressive
Model
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For participants most comfortable with risk, this model seeks high
growth
by directing 5 percent of its assets to bond funds and 95 percent
to stock
funds.
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Conservative
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Moderate
to
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Investment
Fund
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Conservative
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to
Moderate
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Moderate
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Aggressive
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Aggressive
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Retirement
Preservation Trust
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5%
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5%
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-
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-
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Core
Bond Total Return Portfolio
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80%
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60%
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40%
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25%
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5%
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MainStay
High Yield Corporate
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Bond
Fund
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10%
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10%
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10%
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10%
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-
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Oakmark
International Fund
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3%
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5%
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10%
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10%
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10%
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EuroPacific
Growth Fund
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2%
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5%
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10%
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10%
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10%
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RREEF
Real Estate Securities
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Fund
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-
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5%
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10%
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10%
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-
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Institutional
Index Fund
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-
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3%
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6%
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11%
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23%
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Equity
Growth Fund
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-
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3%
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6%
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10%
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22%
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Equity
Income Fund
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-
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3%
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6%
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10%
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22%
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Explorer
Fund
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-
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1%
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2%
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4%
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8%
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Daily
Equity Index Fund
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This fund was managed by BGI and sought long-term capital appreciation
through investment in substantially the same common stocks that comprised
the S&P 500 Index.
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U.S.
Debt Index Fund
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This fund was managed by BGI and sought long-term capital appreciation
through investment in obligations issued or guaranteed by the U.S.
Government or its agencies, including mortgage-backed securities
and
investment grade obligations issued by domestic and certain foreign
corporations with a remaining maturity exceeding one year. This fund
attempted to duplicate the total return of the Lehman Brothers Aggregate
Bond Index.
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Money
Market Fund
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This fund was managed by BGI and sought maximum current income while
preserving capital through investment in money market instruments
including U.S. Government and agency obligations, bank obligations
including certificates of deposit, bankers’ acceptances and time deposits,
and short-term commercial debt instruments such as commercial paper,
unsecured loan participations or variable rate demand notes and repurchase
agreements.
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LifePath
Funds
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These funds were managed by BGI and consisted of the LifePath Income
Fund,
LifePath 2010 Fund, LifePath 2020 Fund, LifePath 2030 Fund and the
LifePath 2040 Fund. Each fund contained a target investment date
and
sought to provide a balance of short-term stability and long-term
appreciation most appropriate for its target investment date. Each
fund
invested in various classes of domestic and foreign equity and debt
securities and money market instruments. Generally, the funds with
longer
time horizons invested more heavily in equity securities, while funds
with
shorter time horizons invested in debt securities and money market
instruments.
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Magellan
Fund
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This fund was managed by Fidelity and sought long-term capital
appreciation through investment in common stocks and convertible
securities of domestic, foreign and multinational
companies.
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International
Stock Fund
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This fund was managed by T. Rowe Price and sought long-term capital
appreciation through investment in stocks of companies operating
outside
of the United States.
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Small
Cap Fund
-
This fund was managed by T. Rowe Price and sought long-term capital
appreciation through investment in a diversified group of stocks
of small
size companies that offer growth and value
potential.
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Constellation
Fund
-
This fund was managed by AIM and sought capital appreciation by investing
in small to medium size emerging growth
companies.
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Investments
are stated at their fair value. Shares of Alltel common stock are
valued
at their quoted market price on the last business day of the year.
Shares
of mutual funds are valued at the net asset value of shares held
by the
Plan at year-end based on the quoted market price. The common collective
trust funds are valued based on the fair value of the underlying
assets
held by the funds as determined by the fund manager on the last day
of the
Plan year. Participant loans are valued at the unpaid principal balance,
which approximates fair value. Purchases and sales of securities
are
recorded on a trade-date basis. Interest income is recorded as earned
on
the accrual basis. Dividends are recorded on the ex-dividend
date.
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Investment
securities, in general, are exposed to various risks, such as interest
rate, credit and overall market volatility risks. Due to the level
of risk
associated with certain investment securities, it is reasonably possible
that changes in the values of investment securities will occur in
the near
term and that such changes could materially affect the amounts reported
in
the accompanying financial
statements.
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During
2005, the Plan’s investments (including gains and losses on investments
bought and sold, as well as held during the year) appreciated in
value as
follows:
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Alltel
common stock
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$
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5,576,149
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Mutual
investment funds
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7,342,378
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Net
appreciation in fair value
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$
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12,918,527
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The
following investments represented 5 percent or more of the Plan’s net
assets as of December 31:
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2005
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2004
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Alltel
common stock
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$
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82,187,515
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$
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80,350,580
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BlackRock
Core Bond Total Return Portfolio
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48,296,796
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47,783,251
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Fidelity
Equity-Income Fund
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71,577,144
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70,849,381
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Merrill
Lynch Retirement Preservation Trust
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62,523,041
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62,341,009
|
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Vanguard
Institutional Index Fund
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124,604,907
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128,159,168
|
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Vanguard
Explorer Fund
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36,458,698
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34,163,937
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Payment
of Benefits
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Benefit
payments to participants are recorded upon
distribution.
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As
outlined in the Plan document, expenses related to the Plan’s operations
are paid from the Plan’s assets unless Alltel elects to pay these
expenses. Alltel paid substantially all of the administrative expenses
related to the Plan in 2005.
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Contributions
in the amount of $7,105,982 due to the Plan from Alltel had not been
funded or allocated among the Plan’s investments as of December 31, 2005.
The employer contributions receivable were funded in cash by the
Company
and allocated among the Plan’s investment funds, according to participant
elections, during April 2006.
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Participants
can borrow from their account balances amounts not to exceed 50 percent
of
their account balance, up to a maximum loan amount of $50,000 in
accordance with section 72(p) of the Code. Such loans must be repaid
through payroll deductions within five years, unless used to purchase
a
principal residence. Principal and interest is paid ratably through
payroll deductions over the term of the loan. If a participant’s
employment terminates with an outstanding loan and the termination
was not
a result of a divestiture by the Company, the entire loan must be
repaid
in full within the time prescribed by the IRS. If the loan is not
repaid
on time, the unpaid portion will be considered taxable income to
the
individual. Loans are secured by the balance in the participant’s account
and bear interest at rates determined by the Administrator upon execution
of the loan. Interest rates on the loans outstanding at December
31, 2005
ranged from 2.25 percent to 9.50
percent.
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During
2005, the Plan was amended to provide that for distributions made
on or
after March 28, 2005; participants may elect upon termination of
employment to defer payment of their account balance if it exceeds
$1,000,
which is a decrease from the previous level of $5,000. The Plan was
further amended to change the definition of an eligible employee
to
exclude any person employed by an operating unit or business operation
that was acquired by Alltel in connection with its August 1, 2005
merger
with Western Wireless Corporation (“Western Wireless”). Former employees
of Western Wireless who transferred employment to Alltel will become
participants of the Plan effective on the later of January 1, 2006
or when
otherwise eligible. In addition, for such employees prior service
with
Western Wireless will apply toward years of eligible services under
the
Plan.
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During
2004, the Plan was amended to provide that any communication or disclosure
to or from participants and/or beneficiaries that is required to
be made
in writing under terms of the Plan may be provided in any other medium
(electronic, telephonic or otherwise) that is acceptable to the Plan
Administrator and permitted under applicable law and that the Plan
is
intended to constitute a plan described in Section 404(c) of ERISA
and
regulations issued thereunder. Accordingly, the fiduciaries of the
Plan
may be relieved of liability for any losses that are the direct and
necessary result of investment instructions given by a participant,
his/her beneficiary or an alternative payee. The Plan was further
amended
to provide for the mergers of the Radiofone Plan and the F.E.A. Plan
with
and into the Plan, effective as of June 1, 2004, and for the establishment
of individual accounts for the former participants of the merged
plans.
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The
Plan has received a favorable determination letter from the IRS dated
November 7, 2003, which states that the Plan, as restated January
1, 2001,
is “qualified” for the purposes of Section 401(a) of the Code. The Plan
has been amended since receiving the determination letter. The
Administrator believes that the Plan is designed and operating in
accordance with applicable IRS requirements, and therefore believes
the
Plan is qualified and is tax-exempt as of the financial statement
date.
Contributions and income of the Plan are generally not taxable to
the
participants until withdrawals or distributions are
made.
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|
On
December 9, 2005, Alltel announced that it would spin off its wireline
telecommunications business to its stockholders and merge it with
Valor
Communications Group, Inc. (“Valor”) forming Windstream Communications
(“Windstream”). On the effective date of the spin off, the Plan’s
shares of Alltel common stock will split into shares of Alltel and
Windstream common stock. Effective July 1, 2006, a separate defined
contribution 401(k) plan will be established for the employees of
Windstream. The provisions of the new plan, including participant
eligibility, contributions and vesting will be identical to the provisions
of the Plan. On July 3, 2006, the participant account balances
and related Plan assets for those Plan participants joining Windstream
will be transferred to the Windstream 401(k) Plan. The account balances
expected to be transferred to the Windstream plan represent approximately
25 percent of total Plan assets.
|
|
Plan
investments in the amount of approximately $62,523,000 and $62,341,000
as
of December 31, 2005 and 2004, respectively, are shares of mutual
funds
managed by Merrill Lynch. Since Merrill Lynch is the Plan trustee,
these
transactions qualify as party-in-interest transactions. The Plan
permits
participants to make loans from the Plan in accordance with section
72(p)
of the Code. The Plan also invests in Alltel common
stock.
|
|
As
of December 31, 2005 and 2004, the Plan had pending distributions
to
participants who elected to withdraw from the Plan of $562,566 and
$1,179,742, respectively. These amounts are recorded as a liability
in the
Plan’s Form 5500; however, these amounts are not recorded as a liability
in the accompanying statements of net assets available for benefits
in
accordance with accounting principles generally accepted in the United
States of America.
|
|
The
following table reconciles the financial statements to the Plan’s Form
5500 as filed by the Company as of December 31, 2005 and 2004 and
for the
year ended December 31, 2005:
|
|
Benefits
|
Distributions
|
Net
Assets Available for Benefits
|
|||||||||||
|
Payable
|
to
Participants
|
2005
|
2004
|
||||||||||
|
Per
financial statements
|
$
|
-
|
$
|
52,732,331
|
$
|
538,906,787
|
$
|
511,658,451
|
|||||
|
Accrued
benefits payable
|
562,566
|
562,566
|
(562,566
|
)
|
(1,179,742
|
)
|
|||||||
|
Reversal
of prior year
|
|||||||||||||
|
benefit
payments accrual
|
-
|
(1,179,742
|
)
|
-
|
-
|
||||||||
|
Per
Form 5500
|
$
|
562,566
|
$
|
52,115,155
|
$
|
538,344,221
|
$
|
510,478,709
|
|||||
|
(a)
|
(b)
Identity of issue, borrower, lessor or
similar
party
|
(c)
Description of investment including
maturity
date, rate of interest,
collateral,
par, or maturity value
|
(d)
Cost (1)
|
(e)
Current value
|
|||
|
*
|
Merrill
Lynch Bank USA
|
Retirement
Preservation Trust
|
$
|
62,523,041
|
|||
|
Total
Common Collective Trust Funds
|
62,523,041
|
||||||
|
American
Funds
|
EuroPacific
Growth Fund
|
20,604,644
|
|||||
|
BlackRock
Advisors, Inc.
|
Core
Bond Total Return Portfolio
|
48,296,796
|
|||||
|
Fidelity
Investments Institutional Services Company, Inc.
|
Equity
Growth Fund
|
21,695,607
|
|||||
|
Fidelity
Investments Institutional Services Company, Inc.
|
Equity-Income
Fund
|
71,577,144
|
|||||
|
Harris
Associates, L.P.
|
Oakmark
International Fund
|
26,705,926
|
|||||
|
New
York Life Investment Management LLC
|
MainStay
High Yield Corporate Bond Fund
|
7,443,193
|
|||||
|
Scudder
Investments
|
RREEF
Real Estate Securities Fund
|
18,234,331
|
|||||
|
The
Vanguard Group
|
Explorer
Fund
|
36,458,698
|
|||||
|
The
Vanguard Group
|
Institutional
Index Fund
|
124,604,907
|
|||||
|
Total
Mutual Funds
|
375,621,246
|
||||||
|
*
|
ALLTEL
Corporation
|
Common
stock, $1 par value
|
82,187,515
|
||||
|
*
|
Participants
|
Loans
with interest rates ranging from
2.25
percent to 9.50 percent
|
10,370,009
|
||||
|
Total
Investments
|
$
|
530,701,811
|
|||||
|
Alltel
Corporation 401(k) Plan
|
|
By:
/s/ Sharilyn S. Gasaway
|
|
Sharilyn
S. Gasaway
|
|
Executive
Vice President - Chief Financial Officer
|
|
ALLTEL
Corporation
|
|
June
23, 2006
|
|
Alltel
Corporation 401(k) Plan
|
|
Form
11-K
|
|
Index
of Exhibits
|
|
Exhibit
No.
|
Description
of Exhibits
|
|
|
(23)
|
Consent
of Moore Stephens Frost.
|
(a)
|