Exhibit 99.2
SCHEDULE II-VALUATION AND QUALIFYING ACCOUNTS
NTELOS Inc. and Subsidiaries
For the Years Ended December 31, 1998, 1999 and 2000
(in thousands)
Additions
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Balance at Charges to
Beginning of Costs and Charged to Balance at
Description Period Expenses Other Accounts Deductions End of Period
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DECEMBER 31, 2000
Reserves and allowances deducted from asset accounts:
Allowances for uncollectible $ 1,100 $ 3,238 $ 2,455 (1) $ 1,693 (2) $ 5,100
DECEMBER 31, 1999
Reserves and allowances deducted from asset accounts:
Allowances for uncollectible $ 634 $ 1,310 $ 31 (1) $ 875 (2) $ 1,100
DECEMBER 31, 1998
Reserves and allowances deducted from asset accounts:
Allowances for uncollectible $ 323 $ 565 $ 6 (1) $ 260 (2) $ 634
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(1) This amount represents the allowance added as a result of the transactions
described in Note 6 of the consolidated financial statements included in the
Annual Report of NTELOS Inc. to its Shareholders for the year ended December 31,
2000 and incorporated herein as Exhibit (a)(1).
(2) Uncollectible accounts written off, net of recoveries.
To the Board of Directors
NTELOS Inc.
Waynesboro, Virginia
Our audits were made for the purpose of forming an opinion on the basic
consolidated financial statements taken as a whole. The consolidated
supplemental Schedule II is presented for purposes of complying with the
Securities and Exchange Commission's rules and is not a part of the basic
consolidated financial statements. This schedule has been subjected to the
auditing procedures applied in our audits of the basic consolidated financial
statements and, in our opinion, is fairly stated in all material respects in
relation to the basic consolidated financial statements taken as a whole.
/s/ McGladrey & Pullen, LLP
Richmond, Virginia
February 22, 2001