Required
Information
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Financial
Statements:
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Statements
of Net Assets Available for Benefits - December 31, 2006 and
2005
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Statement
of Changes in Net Assets Available for Benefits - Year ended
December 31, 2006
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Notes
to Financial Statements
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Supplemental
Schedules:
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Schedule
H, Line 4a - Schedule of Delinquent Participant Contributions -
Year Ended December 31, 2006
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Schedule
H, Line 4i - Schedule of Assets (Held at End of Year)
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Report
of Independent Registered Public Accounting Firm
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Signature
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Exhibit:
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Consent
of Independent Registered Public Accounting Firm
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2006
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2005
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Assets:
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|||||||
Investments
at fair value (Notes 3 and 5)
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$
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563,665,565
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$
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480,222,303
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Cash
and cash equivalents (Note 4)
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2,788,797
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4,528,171
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|||||
566,454,362
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484,750,474
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Receivables:
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Employer
contributions
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6,399,278
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5,783,818
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Participant
contributions
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1,138,687
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889,307
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Dividends
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1,552,348
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1,499,677
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Net
assets available for benefits at fair value
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575,544,675
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492,923,276
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Adjustments
from fair value to contract value for fully benefit-responsive investment
contracts (Note 6)
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499,315
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451,118
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Net
assets available for benefits
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$
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576,043,990
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$
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493,374,394
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Additions
to Net Assets Attributed to:
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Investment
income:
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Dividends
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$
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6,073,654
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Interest
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2,814,264
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Net
realized/unrealized appreciation in fair value of investments (Note
3)
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68,423,096
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77,311,014
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Contributions:
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Employers
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16,786,742
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Employees
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27,399,733
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Employee
rollover
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4,785,468
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48,971,943
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Total
additions
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126,282,957
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Deductions
from Net Assets Attributed to:
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Distributions
to terminated participants
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44,175,264
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Administrative
expenses
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77,570
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Total
deductions
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44,252,834
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Net
increase in net assets available for benefits before plan
mergers
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82,030,123
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Transfer
of assets due to plan mergers (Note 7)
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639,473
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Net
assets available for benefits at beginning of year
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493,374,394
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Net
assets available for benefits at end of year
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$
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576,043,990
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- |
MDU
Resources Group, Inc. Common Stock Fund (MDU Resources Stock
Fund)
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- |
New
York Life Insurance Anchor Account - Stable Value
Option
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- |
American
Funds - EuroPacific Growth Fund - International Growth Mutual
Fund
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- |
American
Funds - The Growth Fund of America - Growth Mutual
Fund
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- |
Baron
Asset Fund - Growth Mutual Fund
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- |
Davis
New York Venture Fund - Growth Mutual
Fund
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- |
Dodge
& Cox Balanced Fund - Growth and Income Mutual
Fund
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- |
Forward
Hoover Small Cap Equity Fund - Growth Mutual
Fund
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- |
MainStay
Indexed Bond Fund - Income Mutual
Fund
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- |
MainStay
S&P 500 Index Fund - Growth and Income Mutual
Fund
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MainStay
Small Cap Opportunity Fund - Growth Mutual
Fund
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- |
Royce
Total Return Fund - Small-Cap Value
Fund
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- |
AllianceBernstein
International Value Fund - International Value Mutual
Fund
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2006
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2005
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MDU
Resources Stock Fund
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$
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295,071,299
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$
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259,113,947
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New
York Life Insurance Anchor Account
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52,523,195
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47,223,309
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Dodge
& Cox Balanced Fund
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50,010,643
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40,938,010
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MainStay
S&P 500 Index Fund
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32,772,736
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27,971,664
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The
Growth Fund of America
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30,159,125
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25,415,343
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MDU
Resources Stock Fund
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$
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44,936,243
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Mutual
Funds
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23,486,853
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$
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68,423,096
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2006
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2005
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Average
yields:
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Based
on annualized earnings *
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5.09
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%
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4.60
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%
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Based
on interest rate credited to participants **
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4.58
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%
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4.08
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%
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*
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Computed
by dividing the annualized one-day actual earnings of the contract
on the
last day of the plan year by the fair value of the investments on
the same
date.
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**
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Computed
by dividing the annualized one-day earnings credited to participants
on
the last day of the plan year by the fair value of the investments
on the
same date. The difference between annualized earnings and the interest
rate credited to participants is due to a 50 basis point administrative
fee.
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Net
assets available for benefits per the financial statements
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$
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576,043,990
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Deemed
distributions
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(52,182
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)
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Net
assets available for benefits per the Form 5500
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$
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575,991,808
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Total
distributions to participants per the financial statements
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$
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44,175,264
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Add
deemed distributions
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52,182
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Total
distributions to participants per the Form 5500
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$
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44,227,446
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Participant
Contributions
Transferred
Late to Plan
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Total
That Constitute Nonexempt
Prohibited
Transactions
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$39,318
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$39,318
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Issuer
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Description
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Cost
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Current
Value
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MDU
Resources Group, Inc.
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Common
Stock *
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11,508,241 shares
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$131,098,033
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$295,071,299
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Mutual
Funds:
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American
Funds - EuroPacific Growth Fund
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296,841
units
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11,732,015
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13,648,765
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American
Funds - The Growth Fund of America
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923,427
units
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24,658,521
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30,159,125
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Baron
Asset Fund
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287,656
units
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14,746,099
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17,201,858
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Davis
New York Venture Fund
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365,667
units
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11,310,981
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14,085,505
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Dodge
& Cox Balanced Fund
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574,307
units
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43,520,165
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50,010,643
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Forward
Hoover Small Cap Equity Fund
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383,366
units
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7,703,557
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7,847,508
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MainStay
Indexed Bond Fund *
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1,223,287
units
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13,241,733
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13,040,235
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MainStay
S&P 500 Index Fund *
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1,002,531
units
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28,540,755
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32,772,736
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MainStay
Small Cap Opportunity Fund *
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581,152
units
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11,136,471
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12,122,838
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Royce
Total Return Fund
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532,065
units
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6,465,746
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7,315,887
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Templeton
Foreign Fund
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603,849
units
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7,096,545
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8,236,495
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Money
Market Fund:
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MainStay
Cash Reserves Fund *
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2,788,797
units
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2,788,797
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2,788,797
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Investment
Contract:
|
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New
York Life Insurance Anchor Account *
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52,523,195 units
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52,523,195
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52,523,195
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Participant
Loan Funds *
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5.00% to 11.50%**
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---
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10,128,791
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$366,562,613
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$566,953,677
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