3F0689-08, Forwards 1989 Internal Cash Flow Projections

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Forwards 1989 Internal Cash Flow Projections
ML20245A646
Person / Time
Site: Crystal River Duke Energy icon.png
Issue date: 06/12/1989
From: Greene G
FLORIDA POWER CORP.
To: Murley T
Office of Nuclear Reactor Regulation
References
3F0689-08, 3F689-8, NUDOCS 8906220101
Download: ML20245A646 (2)


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Certified Mail Florida June 12, 1989 (3F0689-08) g C oH PoR AT ion I

Dr. Thomas A. Hurley, Director Office of Nuclear Reactor Regulation U. S. Nuclear Regulatory Commission Washington, D. C.

20555

Dear Dr. Murley:

SUBJECT:

Crystal River Unit 3 Docket No. 50-302 Operating License No. DPR-72.

In order to update Florida Power Corporation's utilization of alternative (e) to satisfy the' requirements of Section 140.21 of 10 CFR I

Part 140 for 1983, wt are-enclosing our 1989 Internal Cash Flow Projection for Crystal River Unit No.

3 Nuclear Power Station.-

Our Internal Cash Flow Projection was prepared in accordance with the suggested format outlined in the U.

S. Nuclear Regulatory Cor.anission.

Regulatory Guide 9.4 dated September 1978.

The anniversary date of the company's indemnity agreement is June 20.

Therefore, our Internal Cash Flow Projection is submitted. in a timely manner.

After you review this information, we would appreciate your advising us if we continue to satisfy the requirements of Section 140.21.

If you have any questions concerning this information, please give me a call.

I Sincerely,

.h620103g90612

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DOCK 050003py m w PNU George E. Greene, III j

Senior Vice President Financial Services-GEG/jaj Enclosure f

t GENERAL OFFICE: 3201 Thirty fourth Street South

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(813) 866-5151 P.O. Box 14042

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FLORIDA POWER CORPORATION j

1989 Internal Cash Flow Projection for Crystal River Unit. 3 Nuclear Power Station (Dollars in Thousands)'

l Year Ended Year Ended December. 31, 1988 December 31, 1989 Actual Projected l

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Net Income After Taxes 186,017 176,536-Less Dividends Paid (138,460)

(142,830).

Retained Earnings 47,557 33,706 j

Adjustments:

Depreciation and Amortization 173,479 180,142 Deferred Income Taxes and Investment Tax Credits 10,486 3,931 AFDUC & Carrying Costs for Future Use' Plant (12,920)

( 4,776)

Total Adjustments 171,045 179,297 Internal Cash Flow 218.602 213.003 Average Quarterly Cash Flow 54.651 53gg[

g Percentage Ownership in Crystal River Unit 3 100%*

i Maximum Total Contingent Liability 10.000 Florida Power Corporation is the principal licensee as owner of 90% of the unit. The Company is the exclusive operating agent for the owner-licensees of.the remaining 10% of the unit.

This certified cash flow statement is made as of June 20, 1989, the anniversary date of the Crystal River Unit 3 indemnity agreement with the NRC. This statement covers all of the owners of this unit.

l I hereby certify the above to be correct and accurate.

Dated: June 12, 1989

  1. f-Gedrge E. Greene, III Senior Vice President

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