ML12241A249
| ML12241A249 | |
| Person / Time | |
|---|---|
| Site: | Nine Mile Point  |
| Issue date: | 08/16/2012 |
| From: | Dosa J Constellation Energy Nuclear Group, EDF Group, Nine Mile Point |
| To: | Document Control Desk, Office of Nuclear Reactor Regulation |
| References | |
| Download: ML12241A249 (4) | |
Text
CENG a joint venture of Consellation
~e, NINE MILE POINT NUCLEAR STATION U.S. Nuclear Regulatory Commission Washington, DC 20555-0001 P.O. Box 63 Lycoming, New York 13093 August 16, 2012 ATTENTION:
SUBJECT:
Director, Office of Nuclear Reactor Regulation Nine Mile Point Nuclear Station Unit Nos. 1 and 2; Docket Nos. 50-220 and 50-410 Guarantee of Payment of Deferred Premiums Pursuant to the requirements of 10 CFR 140.21(e), enclosed is the Consolidated Statements of Cash Flows taken from Exhibit No. 99(a) of the Constellation Energy Group, Inc., Form 10K (Annual Report) to the Securities and Exchange Commission for the fiscal year that ended December 31, 2011.
This enclosure shows that Constellation Energy Nuclear Group has a cash flow that can be generated and would be available for payment of the Nine Mile Point Nuclear Station, LLC retrospective premiums of
$17,500,000 per unit.
Should you have any questions regarding the information in this submittal, please contact me at (315) 349-5219.
Very truly yours, John J. Dosa Director Licensing
Enclosure:
Consolidated Statements of Cash Flows NaxL-.
Document Control Desk August 16, 2012 Page 2 cc:
NRC Regional Administrator, Region I NRC Resident Inspector NRR Project Manager Document Control Desk
ENCLOSURE CONSOLIDATED STATEMENTS OF CASH FLOWS Nine Mile Point Nuclear Station, LLC August 16, 2012
ENCLOSURE CONSOLIDATED STATEMENTS OF CASH FLOWS Constellation Energy Nuclear Group, LLC Consolidated Statements of Cash Flows For the year For the year ended ended December 31, December 31, 2011 2010 For the period November 6 through December 31.
2009 Cash Flowvs From Operating Aetiities Net Income Adjustments to reconcile to net cash provided by operating activities:
Amortization of'nuclear fuel Depreciation Impainrent ofeonstruction work in progress Amorti:tion ofCECGand Ginna power purchase agreements Accretion of asset retirement obligations Net pre-taxeamings on nuclear deconinissioning trust funds Income taxes on nuclear decomnaissioning trust fund earnings Defined benefit obligation expense Defined benefit obligation payments Long-term incentive plan compensation Changes in:
Trade and other accounts receivable Spare parts, nmterials, and supplies Prepaid expenses and other current assets Other noncurrent assets Accounts payable uid accrued liabilities CECGpower serviccs agency agreement Other nonurrent liabilities (In Thousands qfU.S. Dollars)
$299,807 S441.589
$ 68,519 166,678 125,211 2,641 (398,702) 71,061 (39,132) 6,485 6 1.059 (62,691) 2,405 12,791 (8,776)
(3,976)
(1,399)
(16,343) 2,545 2.988 160,096 114,312 3,242 (369,830) 73,613 (48.304) 7,638 42,772 (51,683) 5,082 21,956 (8,793)
(2,020)
(2,875) 46,088 (25,955) 4,126 24,068 17,160 (882) 11.257 (5,216) 1,333 6,676 (1,202) 778 (76,747)
(3,585) 9,568 10(.:26 (3.726)
Net cash provided by operating activities 222,647 411,054 58,291 Cash Flo-As From Investing Aecivities Investments in property. plant, and equipment (PP&E)
(209,631)
(203,540)
(34,493)
Purchases ofnuclear fuel (205,789)
(203.903)
(12,760)
Investments in nuclear decomrnissioning trust fund securities (155,039)
(204,397)
(30,697)
Proceeds fontthe sale of nuclear decommissioning trust fttnd securities 155,039 204,397 30,697 Net cash used in investing activities (415.420Q)
(407,443)
(47,253)
Cash Flows From Financing Activities Proceeds from short-term borrowings under lines ofcredit 150.000 Repayments of short-term borrowihgs under lines of credit (90.000)
Distributions to members
-(13,515)
Net cash provided by (used in) financing activities 60,000 (135 15 Net Increase (Decrease) In Cash and Cash Equirilents (132.773) 3.611 (2.477)
Cash and Cash bEquivalents at Beginning of Period 226.054 222.443 2-24,920 Cash andCash Equivalents at Endof Period S 93,281
$226.054 S2212443 Other Cash Flowlinformatian Cash paid for income taxes on nuclear decommissioning trust funds 5
7187 S
4,932 Accrued investments in PP&E 34,493 25,180 Accrued purchases of nuclear fuel 16,591 26,227 The acconspanying notes are an integral part of these consolidutcd financial statements. S 1,426 37,193 16,720 1 of I