ML13331B028

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Forwards Annual Rept to Securities & Exchange Commission & Cash Flow Statement for Yr Ending Dec 1987
ML13331B028
Person / Time
Site: Palo Verde, San Onofre, 05000000
Issue date: 03/21/1988
From: Adams J
SOUTHERN CALIFORNIA EDISON CO.
To:
NRC OFFICE OF ADMINISTRATION & RESOURCES MANAGEMENT (ARM)
References
NUDOCS 8803300384
Download: ML13331B028 (3)


Text

ACCELERATED DISTRIBUTION DEMONSTRATION SYSTEM REGULATORY INFORMATION DISTRIBUTION SYSTEM (RIDS)

ACCESSION NBR:8803300384 DOC.DATE: 88/03/21 NOTARIZED: NO DOCKET #

FACIL:50-000 Generic Docket 05000000 50-206 San Onofre Nuclear Station, Unit 1, Southern Californ 05000206 50-361 San Onofre Nuclear Station, Unit 2, Southern Californ 05000361 50-362 San Onofre Nuclear Station, Unit 3, Southern Californ 05000362 STN-50-528 Palo Verde Nuclear Station, Unit 1, Arizona Publi 05000528 STN-50-529 Palo Verde Nuclear Station, Unit 2, Arizona Publi 05000529 STN-50-530 Palo Verde Nuclear Station, Unit 3, Arizona Publi 05000530 AUTH.NAME AUTHOR AFFILIATION ADAMS,J.B.

Southern California Edison Co.

RECIP.NAME RECIPIENT AFFILIATIONR Document Control Branch (Document Control Desk)

SUBJECT:

Forwards annual rept to Securities & Exchange Commission for Dec 1987.

D DISTRIBUTION CODE: M004D COPIES RECEIVED:LTR __ENCL

__SIZE:

TITLE: 50.71(b) Annual Financial Report f

NOTES:License Exp date in accordance with UCFR2,2.109.

05000206 Standardized plant.

05000528 Standardized plant.

05000529 Standardized plant.

05000530 RECIPIENT COPIES RECIPIENT COPIES ID CODE/NAME LTTR ENCL ID CODE/NAME LTTR ENCL PD5 PD 1

1 TRAMMELL,C 1

0S HICKMAN,D 1

0 LICITRA,E 1

0 DAVISM 1

0 INTERNAL: AEOD/DOA 1

1 AEOD/-DS.P-/TPAB 1

1 NRR/PMAS/PTSB12 1

1 G-LE 0 1 1

1 EXTERNAL: LPDR 3

3 NRC PDR 1

1 NOTES:

1 1

D D

S TOTALINUMBER OF COPIES REQUIRED: LTTR 14 ENCL 10 PD5 D 1 1 TRMMELC 0

Southern California Edison Company P. 0. BOX 800 2244 WALNUT GROVE AVENUE ROSEMEAD, CALIFORNIA 91770 March 21, 1988 U.S. Nuclear Regulatory Commission Attention:Document Control Desk Washington, D. C. 20555 Re: Internal Cash Flow For San Onofre Units 1, 2 & 3 (Dockets 50-206, 50-361, & 50-362) and for SCE's 15/8% Share of Palo Verde Units 1, 2, & 3(Dockets 50-528, 50-529, & 50-530)

In accordance with Section 140.21 of CFP Part 140, the following materials are enclosed on behalf of the Southern California Edison Company, San Diego Gas & Electric Company, City of Anaheim and City of Riverside for San Onofre Nuclear Generating Units 1, 2, and 3; and on behalf of the Southern California Edison Company's 15.8% share of Palo Verde Nuclear Generating Units 1, 2, and 3.

1. Cash Flow Statement for year ending December 31, 1987
2. Annual Report to the Securities and Exchange Commission (Form 10-K) for the year ending December 31, 1987 If there are any questions regarding the enclosed material, please contact me at (818)302-9830.

Sincerely, John B. Adams Risk Mgmt. Consultant cc:

J.B.Martin, Regional Administrator,NRC Region V F.R.Huey, NRC Senior Resident Inspector, San Onofre 1,2,& 3 Emmanuel Licitra,NRC Project Manager, Palo Verde 1,2,& 3 R.F.Dudley, NRR Project Manager, San Onofre 1 H. Rood, NRR Project Manager, San Onofre 2 & 3 A.C.Llorens, SCE Nuclear Eng./Safety & Licensing Dept.

Charles R. Kocher, SCE Law Department Craig Hubble, San Diego Gas & Electric Co.

Thomas Vance, City of Anaheim Chuck Harris, City of Riverside Norm Cocanour, Arizona Public Service Co. 321 PDR AjC:K 05000206 DCD

  • tOUTHERN CALIFORNIA EDISO*fOMPANY 1988 Internal Cash Flow Projections (Dollars in Thousands) 1987 1988 Actual Projected Net Income After Taxes

$789,000 Dividends Paid 564,000 Retained Earnings

$225,000 Adjustments:

Depreciation & Amortization 549,000 548,000 Deferred Taxes 161,000 129,000 Allowance for Funds Used During Construction (116,000)

( 45,000)

Total Adjustmnents

$594,000

$632,000 Internal Cash Flow

$819,000*

Average Quarterly Cash Flow

$2Q5.000 Percentage Ownership in All Nuclear Units:

San Onofre Nuclear Generating Station Unit 1 Southern California Edison Company 80.00%

San Diego Gas & Electric Company 20.00%

San Onofre Nuclear Generating Station Units 2 and 3 Southern California Edison Company 75.05%

San Diego Gas & Electric Company 20.00%

City of Anaheim 3.16%

City of Riverside 1.79%

Palo Verde Nuclear Generating Station Units 1 and 2 15.80%

Maximum Total Contingent Liability:

San Onofre Nuclear Generating Station Unit 1

$10,000 San Onofre Nuclear Generating Station Unit 2

$10,000 San Onofre Nuclear Generating Station Unit 3

$10,000 Palo Verde Nuclear Generating Station Unit 1 1,580 Palo Verde Nuclear Generating Station Unit 2 1,580 Palo Verde Nuclear Generating Station Unit 3 1,580 Company policy prohibits disclosure of financial data which will enable unauthorized persons to forecast earnings or dividends, unless assured confidentiality. The Net Estimated Cash Flow for 1988 is expected to be comparable to the Actual Cash Flow for 1987.

1720m/25