CPSES-200200363, Guarantees of Payment of Deferred Premiums

Guarantees of Payment of Deferred Premiums

ML020580433
Person / Time
Site:	Comanche Peak
Issue date:	02/05/2002
From:	Terry C, Walker R TXU Electric
To:	Document Control Desk, Office of Nuclear Reactor Regulation
References
CPSES-200200363, TXX-02028
Download: ML020580433 (3)

Text

i TXU TXU Electric C. Lance Terry Ref: 10CFR140.21(e)

Comanche Peak Senior Vice President & Principal Nuclear Officer Steam Electric Station R O. Box 1002 Glen Rose,TX 76043 Tel: 254 897 8920 Fax:254 897 6652 lance.terry@txu.com CPSES-200200363 Log # TXX-02028 File # 200 February 5, 2002 U. S. Nuclear Regulatory Commission ATTN: Document Control Desk Washington, DC 20555

SUBJECT:

COMANCHE PEAK STEAM ELECTRIC STATION (CPSES)

DOCKET NOS. 50-445 AND 50-446 GUARANTEES OF PAYMENT OF DEFERRED PREMIUMS Gentlemen:

Pursuant to 10CFR140.21 (e), TXU Electric hereby submits a Cash Flow Statement for the twelve (12) months ended December 31, 2001, to demonstrate the Company's ability to pay deferred premiums under the Secondary Financial Program.

This communication contains no licensing basis commitments regarding CPSES Units 1 and 2.

A member of the STARS (Strategic Teaming and Resource Sharing) Alliance Callaway ° Comanche Peak

• Diablo Canyon ° South Texas Project Wolf Creek

TXU TXX-02028 Page 2 of 2 If you have any questions, please contact Mr. J. D. Seawright at (254) 897-0140.

Sincerely, TXU Generation Company LP By: TXU Generation Management Company LLC, Its General Partner C. L. Terry Senior Vice President and Prinicpal Nuclear Officer By: i 6v RogeW. Walker Z Regulatory Affairs Manager JDS/js Attachments c- E. W. Merschoff, Region IV C. E. Johnson, Region IV D. H. Jaffe, NRR Resident Inspectors, CPSES

Attachment to TXX-02028 Page 1 of 1 TXU Electric Company Cash Flow Calculations for Twelve Months ended December 31, 2001 (Unaudited)

(Thousands of Dollars)

Net Income after Taxes $ 728,318 Less: Dividends Paid (Preferred) 10,132 Amount Transferred to Retained Earnings 718,186 Adjustments:

Depreciation, Amortization, & Other $1,418,365 Deferred Income Taxes &

Investment Tax Credit (491,364)

Allowance for Equity Funds Used During Constructions (4,510)

Total Adjustments 922,491 Cash Flow From Operations Less Dividends $1,640,677 Average Quarterly Cash Flow $ 410,169 Percentage Ownership in see Operating Nuclear Units:

Comanche Peak Unit #1 100%

Comanche Peak Unit #2 100%

Reference is made to the Notes to Financial Statements contained in the Company's Form 10-Q for the quarterly period ended September 30, 2001.