IA-92-461, Final Response to FOIA Request for 781023 Ltr from Le Roe to K Kniel Requesting Addl Financial Info.App a Records Encl, Also Being Made Available in PDR
| ML20127K866 | |
| Person / Time | |
|---|---|
| Issue date: | 10/05/1992 |
| From: | Grimsley D NRC OFFICE OF ADMINISTRATION (ADM) |
| To: | Omealia M AFFILIATION NOT ASSIGNED |
| References | |
| FOIA-92-461 NUDOCS 9301260248 | |
| Download: ML20127K866 (2) | |
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[ . p ., HESPONSE TO FREEDOM OF jQ o"at pan l_}^au*t g INFORMATION ACT (FOIA) HEQUEST N...... voan nuvm oranwe, OCT 5 1992 ~ i Michael O'Mealia l PAHT t AGE NCY_RLCORDS HE L C A$lD OR NOT LOC AT ED (Set rtM ef tvied No arnc y recurds subject to the reasest have bet n tousted l No add tional eyncy records $2yett tCr the request hee been located Requested retuds are asa?ab'e throup another put>he dathbution program See Corr.~'ents section. Arnc y resords subast to t e h request it et arti ide" f eed in Apptrwi mied ._ are atteady avadable for pubhc inspect on and copy'ng at the NhcPuboc Document Reiom. 2120 L St cet N W n C gton,DC. Ayncy rn ords subin t to the etquest that are identihen in Apoe %=ics: A are be,ng reade a<aaab:ev or pubiic inspect on and copying X st the NHC Puta cDocument Room,2120 L Street, N W , Washmaton. DC in a folder under the f Of A number. The non aoprietery urson of the propcta'(s) that s w a/ *d to no st b t r leobo" c onvesation with a member of my stalf is now being t mie m o datJr f or pubhc insM c tion and topoN et tee N RC Oubhr Dr. ment Rou" . 2120 t Mw % W , WWyon, DC, m a folder under tNs I OI A nu 9er Ager4y reconn subject to the request tt:st are nirenfi ev in Appe%ates) -may be inst 'ttal and topied at the NRC Local Pu%c Document Room identif ed iri the Comments section. [ n._losed a m't.emmon on hon you wh obta.n a> s en to and the t Wars for w0 r +ng emeds located e' the NHC PWic Document Room,2120 L Street, _N W.. Wa/ urgt on DC y Ayncy tecyds subject to the requtst a*e endomd Rnceds substi to t eh reanst have been rtferr o another Tedera aymc ed for reuew and thrtti response to you. x ..r e e s You *d! be i#cd b, the NHC for fees totahng $ _2h36 __ You wd! rec ou r a fr'und f rom the N RC in the amount of i ._, In v;ew of NRC's response to th.s request. no further section b t$ng then on toprat lettef dated .- _
, No. _
[ ART 11. A-INFORMATION WITHHE LD FROM PUlillC DISCLOSURE Certam 6mformation in the requested reco'ds is being witht ad from public disclosu+s purswant to the enemmons dentibed m arx1 for the reasons ste ed in Part II, Li, C, and D Any reieeted portians of the documents for ahich only part of the record is being *uthheld are t eing made avahble for pute inspection en + copying in the NRC Potic Docun+nt Hcen,2120 L Stren. N W , W ongon DC,it, a fol:Jer under this FOIA nurnber, m w COMME N TS The fees associated with the processing of your F0I A request are as follows: Clerical Search - 2 hours = $24.36 Reproduction of Records - 5 pages = $1.00 Total = $25.36 9301260248 921005 PDR FOIA O'MEALI92-461 PDR u' l -
$1Gr 'i UN~~DIR E CTOR. Division OF f r 3V Of INf 0ftYATION AND PUBtl cat TONS H RvlCES hTMu h h[:rg,.h u- --
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Ret F01A-92-4G1 APPENDIX A DOCUMENTS tlEING PLACED IN Tile PDR HUMBER DATE DESCRIPTION :
- 1. 10/23/78 Letter from L. E. Roe :o Karl Kniel with attachment furnishing r toponse to NRC l request for additional financial information (5 pagen) l
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,g g_30, Serla1 No. 2-136 Direc tor of Nuclear Reactor Regulation Attention: Mr. Ea r l Kni e l , Oil e f Light Water Reactors, Br,anch No. 2 Division of Project Management l'ni t ed St a t es Nuclear Ecgulatory Cmnission Q Va nhingt on. D.C. 20555 i Ccntletten: .
I i T. 1, letter is in response t o t he telephone advice of Mr. Benedict that , certain financial information of two of the applicants. The Toledo Edison Company and Duquesne Light cettpany, required clarification or additional information prior to the report of the NRC being issued on this matter. ' De question regarding the applicant Toledo Edison was direct ed to a recon- ; ciliation of certain data on schedule 3a submitted on March 10, 1978. ne j applicant e' vises that its interpretation of the preparation of schedule 3a was to disp. y the total funds from internally generated cash and exterr.a1 financing required to teet the construction program and display the other capital requirements separately. This forts of presentation is a net financ-ing basis. n e NRC has advised that this presentation should be on a gross
' basis. Toledo Edison is re-submitting schedule 3a to reflect the external financing on a grosa basis, n e information previously requested as propri-etary has not 5een revised and is not being re-submitted. l I ~
The question regarding the applicant Duquesne Light regarded the ability of the applicant to meet its obligations with the assumptions made. Duquesne Li gh t has schedule r e and 3a v i s et d hea nd c l a r i f i ed c e r t a i Certain related,,asumptiprd n a s s u;at i on s a nd portions ofi the s ,,,r.as.s u bm Wi n g ------ I information '
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.ti c considere7 to7 e' proprietary information. This proprietary information
'is submitted with this letter together with the affidavit to withhold this n f o rma t ion f r om public d isc losur e samui,rjed by,,_aubpa ragrayb) (1) of ,
Section 2.790 of 10 CFR Part L defive eccles of the rew ented inf"breation
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being submitted under Teparate cover have the proprietary information deleted. If you have any questions regarding this submittal, please contact me. Very truly ; ars, OftleTARY UEE5100 bT@t Vd o
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b uSrzsaareh Sem exrs W W\\ , M-: < < - 7811016066 II . trx:cxu.t /T \! l THE TOLEDO EDISON COMPANY E0iSON PL AZ A 300 MADISON Av!NUE TOLEDO OHIO 436',2 i Tfli c i 0 % (4 -
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Davis Besse Units 2 and 3 Financial Inforwatton A s s_timy t t on s for Source o f run d s $tatement
- 1. By far the most significant assumption is that pertaining to additionit rate relief. The 1978 figures shcvn on the atts.bzent for item 3a re flec t s the full rate i n<: r e a s e r eque s ted by Duq;e sne . For the years following !??8, it was assumed that sufficient iste relief will be granted to maintain adequate inte re st coverage under the indenture.
Being in the position of not knowing hev euch rate relief can be espected in the current and future years, it is most difficult to
- t pr o jec t financ ial condit ions in future years as required by the
<- tabulation.
- 3. Pr e f er r ed/ Ptr ie rence Stock dividend rate
- 9 . 0". .
4 Crowth in Kwh sales year 1978 - 4.9%, r 5. Bond Interest Rate 4' 1978 9.251 e h_ 1979-1982 8.751 i Cr' 6 Inflatlan f ac t o r
- a pp rox in.a t e l y 81 CL . . _ _ _ _ . , _ _ _ . _
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.._-.___... _ _._ .__. _ _.__ _ - . . . _ . _ . . _ . . _j 4 Target Capital Structure Bonds 50*l, Fre f e r red / Pr e f er e nc e 131 rocron t.quity 371
- 10. Indenture intercst coverage c apec t ed in 1978
- 2.70
fh to 2 G a guixa tot t Do a t ote, n im %.a EDISON LOWt ti E HUi
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Docket Nos. 59 500 " " " and 50 ',01 serial No. 2-136 Ditei(or of Nuclear kcactor Regulation At t en t ion: Mr. Earl Kn i e l , Ch i e f l.1 gh t W.i t e r Keartors, Btanth No. 2 Division of Project Ma na gerre n t United States Nuclear Regulatory Commirston W.i s h i n gt on . D.C. 20$55 Gentleren: f ),, lhts let ter is in r esponse t o t he telephone advice of Mr. henedirt that iertain f inanc ia l in f ortna t ion o f t wo of t he applicants, The Toledo Ld i son Compaav and Duquesne Light Corn p a n y , required clarification ni addit ional information prio to the report of the NRC being issued on t his tra t t e r .
'i h. quest i on r ei;a rd f rue the applicant Toledo Edison was directed to a reton-c liiat ion of cer t ain dat a on schedule 3a submitt ed on March 10, 1978. The applicant advises that it- interpretation of the preparation of schedule la v e. to display t he total funds from int ernally gener at ed cash and ext ernal i t n.inc i ng renot t ed t o tw e t the construction program and displav t h( ot hs r
.apital r equi rernent s separately. This forrn of presentation is a net finane-
' inc, basis. The NRC has advised that this presentation should be on a gross hasis, loledo Ldtson is re-sute t t l ing schedule 3a to reflect the external f inanc ine on a gr oss basis. The in f ormat ion previously requested as propri-etarv has not been revised and is not to ing r e - s ubts t ' t ed . 1he question regarding the apt licant Daquesne Light regarded the ability of the applicant to meet its ob igations with the assumptions nade. Ihap ec s n e tight has tevised and elarified certain assomptions a n d__ i s r e-subnit t t ng w.hdole b and . t he e Iat ed assumpt it ei]yo r t i ons o f~TW IWDr :Tt h r are c ons idered t o be proprietary IRTo r ma t i on . *Ihls proprietary i n f or ru t ion
~~ is submitted with this let t er t ocet her wit h t he af f idavit t o wit hhold this inf orn> >: t an f rom public _ disc losu r e as required by subparagraph (b ) (Jy~ )
Sestion /.790 of 10 U R pa r t 2KeTNe copt M"nt t he rrtma rcif~tiWrmat im+ d,. i r.v a i t t t ea iao.- ontmr w.w.oamn -thrptrTrt eratrirthu c.a Luz di.:le e, ed . It you have anv questiorni reg.-ding this submittal, please conta,t ce
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