(a) Capital expenditures, by major account category, actually incurred during the previous calendar year and capital budget projections for each of four years beginning with the current year.

(b) Details of the latest capital expenditure budgets approved by management for the previous calendar year and for the following two years, including brief descriptions of the major programs which comprise the three year budgets approved by management.

(c) A comparison of the actual capital expenditures for the previous calendar year and the amounts previously budgeted for that year and, by major account category, explanations of any significant differences between actuals and budgeted expenditures. Significant differences are defined as plus or minus 20 percent if a company's construction budget was less than $10 million for the latest calendar year, 10 percent if the budget was more than $10 million but less than $100 million, and three percent if the budget was more than $100 million.

(d) Other capital expenditure and accomplishment data to be specified by the director of the communications division.

The level of detail and the reporting format will be prescribed by the director of the communications division.

(e) This section shall not apply to telephone corporations that provide service primarily over their own or leased facilities and that do not provide local exchange service.