ML17305A866
| ML17305A866 | |
| Person / Time | |
|---|---|
| Site: | Palo Verde  |
| Issue date: | 05/31/1990 |
| From: | Conway W ARIZONA PUBLIC SERVICE CO. (FORMERLY ARIZONA NUCLEAR |
| To: | NRC OFFICE OF INFORMATION RESOURCES MANAGEMENT (IRM) |
| References | |
| 161-03255-WFC-J, 161-3255-WFC-J, NUDOCS 9006110359 | |
| Download: ML17305A866 (11) | |
Text
ACCELERATED ~STMBUTION DEMONSTPA,TION SYSTEM
, ~
REGULATORY INFORMATION DISTRIBUTION SYSTEM (RIDS)
ACCESSION NBR:9006110359 DOC.DATE: 90/05/31 NOTARIZED: NO DOCKET FACIL: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 CONWAY,W.F.
Arizona Public Service Co.
(formerly Arizona Nuclear Power RECIP.NAME RECIPIENT AFFILIATION Document Control Branch (Document Control Desk)
R
SUBJECT:
Forwards projected 1990 cash flow statements.
DISTRIBUTION CODE:
M004D COPIES RECEIVED:LTR ENCL TITLE: 50.71(b)
Annual Financial Report NOTES: Standardized plant.
Standardized plant.
SIZE' 05000528
/
05000529 05000530 A
RECIPIENT ID CODE/NAME PD5 PD CHAN,T COPIES LTTR ENCL 1
1 1
0 RECIPIENT ID CODE/NAME PETERSON,S.
COPIES LTTR ENCL 1
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D INTERNAL: AEOD DO G
ILE EXTERNAL: LPDR NOTES:
01 1
1 1
1 1
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1 AEOD/DSP/TPAB NRC PDR 1
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NOTE TO ALL"RIDS" RECIPIENTS:
D D
PLEASE HELP US TO REDUCE WASTE! CONTACT THE DOCUMENT CONTROL DESK, ROOM Pl-37 (EXT. 20079) TO ELIMINATEYOUR NAMEFROM DISTRIBUTION LISTS FOR DOCUMENTS YOU DON'T NEED!
TOTAL NUMBER OF COPIES REQUIRED:
LTTR 9
ENCL 7
II
~.
Arizona Public Service Company P.O. BOX 53999
~
PHOENIX. ARIZONA85072<999 WILLIAMF. CONWAY EXECUTIVEVICEPRESIDENT NUCLEAR 161-03255-WFC/JRP May 31, 1990 Docket Nos.
STN 50-528/529/530 Document Control Desk U.
S. Nuclear Regulatory Commission Mail Station Pl-37 Washington, D.
C.
20555
Dear Sir:
Subj ect:
Palo Verde Nuclear Generating Station (PVNGS)
Units 1, 2,
and 3
Licensee Guarantee of Payment of Deferred Premium File:
90-003-240 Pursuant to the requirements of 10 CFR Part 140.21, as defined in subpart (e) of this section, Arizona Public Service Company, for itself and on behalf of the participants in Palo Verde Nuclear Generating
- Station, with the exception of Southern California Public Power Authority and Southern California Edison which have submitted their Financial Statements, Annual Reports and latest official statements for the Palo Verde Project directly to the NRC, herewith submits the projected 1990 cash flow statements.
Should you have any questions or concerns, please call J.
R. Provasoli at (602) 340-4160.
Sincerely, WFC/JRP/j le Attachment cc:
T. L. Chan S.
R. Peterson D.
H.
Coe J.
B. Martin A.
C.
Gehr A. H. Gutterman g5 9006ii0359 90053i PDR ADOCK 05000528 1'DC
NCF90 CJD-M4 ARIZONA PUBLIC SERVICE COMPANY 1990 Net Cash Flow,Projection for Palo Verde Nuclear Generating Station (000'S) 1989 Actual 1990 Projected Participant:
ARIZONA PUBLIC SERVICE COMPANY 1.
Net Income After Taxes Less.
2.
Dividends Paid on Preferred Stock 3.
Dividends Paid on Comnon Stock
$212,354 31,823 210,944
$217,809 34,059 210,944 4.
Retained Earnings (30,413)
(27, 194) 5.
6.
7.
8.
9.
10.
11.
Adjustments:
Depreciation and Amortization (1)
Deferred Income Taxes (2)
ITC Net Deferred Allowance for Funds Used During Construction (Equity & Borrowed)
Gross Cost Deferrals Decereissioning Other (3) 219,650 95,038 (6, 159)
(16,408)
(141,850)
(5,685)
(1,688) 256,588 91,850 (7,452)
(19,284)
(135,614)
(5,685)
(1,688) 12.
Total Adjustments 13.
Internal Cash Flow (Line 4 + Line 12) 14.
Average Quarterly Cash Flow (Line 13/4) 142,898 112,485 28,121 178,715 151,521 37,880 Percentage Ownership in All Nuclear Units:
Unit 1 - 29.1%
Unit 2 - 29.1X (4)
Unit 3. 29.1/.
Maximun Total Contingent Liability for PVNGS is &30,000,000 ($10,000,000 per Unit)
(1)
Includes Nuclear Fuel Amortization.
(2)
Excludes Deferred Income Taxes on Deferred Fuel Adjustment Revenues.
(3)
Includes Amortization of Tax Benefits Sold in 1981.
(4)
Includes Portion of Palo Verde Unit 2 Leased.
~I
19-May-90 (NRC REO!
INTERNAL CASH FLOW PROJECTION FOR PALO VERDE NUCLEAR GENERATINS STATION FOR FISCAL YEARS ENDED APRIL 30.
1989 AND 1990 (4000) 1989 ACTUAL 1990 PROJECTED Net Income after taxes Less dividends paid:
Pre ferred dividend requirements Dividends on common stock 11,76="
(4,028)
Retained Earnings Adjustments:
Depreciation and amorti "ation Deferred Income Taxes and Investment Tax Credits Allowance for Funds Used During Construction 11,763 150, 652 (14,947)
(4,028) 1525044
{6,004)
Total Adjustments Internal Cash Flow 135,705 146,040 147,468 142,012 Average Quarterly Cash Flow Z6.867 i5, 503 Percentage Ownership in all nuclear units Unit 1 Unit 2 Unit 17'9/
17 '9/
- 17. 49/
17.49/
17'9/
17.49/
1990 Internal Cash Flow Projection of Los Angeles Department of Water and Power for Palo Verde Nuclear Power Station (Thousands of Dollars) 1988-89 Actual Total 1989-90 Projected Total Net Income Less Transfer to City Retained Earnings Adjustments Depreciation and Amortization Allowance for funds used
'uring construction Total Adjustments Internal Cash Flow
$193,429
~78 502 )
114,927 136,954 7 268) 129 686
$ 244 613
$173,200
~85 800 }
87,400 146,900
~8100) 138 800 226 200 Average Quarterly Cash Flow 61 153 56 550 Percentage Ownership in all operating nuclear units Palo Verde 5.7c Maximum Total Contingent Liability per Occurrence per year 1 710 000
1 lc II P'l
1990 PRO FORMA CASH FLOW STATEMENT FOR PUBLIC SERVICE COMPANY OF NEW MEXICO (Excluding Non-utility Subsidiaries)
Net Income After Taxes Less Dividends Paid Retained Earnings Adjustments:
Depreciation and Amortization Deferred Income Taxes and Investment Tax Credits Allowance for Equity Funds Used During Construction
- Other, Non-Cash TOTAL ADJUSTMENTS INTERNAL CASH FLOW Average Quarterly Cash Flow 198 Ac ual 83,634
~26 333) 57,304 71,981 26,846 (2,909)
~67 4
102 712 160 016 40,004 1
Pr 'ected (5,648)
~10 2 8 (15,946) 72,256 3,483 (1,967) 44 284 118 056 102 110 25,528 Percentage Entitlement in all Nuclear Units:
Palo Verde Unit 110.2%
Palo Verde Unit 210.2%
Palo Verde Unit 310.2%
By:
Robert M. Wilson Controller and Assistant Secretary
1989"90 INTERNAL CASH FLOW PROJECTION EL PASO ELECTRIC COMPANY (THOUSANDS OF DOLLARS) 1989 1990 Net Income After Taxes Less Dividends Paid Increase in Retained Earnings Adjustments:
Depreciation and Amortization Deferred Income Taxes and ITC AFUDC Total Adjustments Internal Cash Flow Average Quarterly Cash Flow S(105,836) 25pl65 (130 p 999) 60,537 16,361 (29,898) 26,980 S(106p019)
$ (26p005) 13,723 10,338 3p385 45p091 2p851 (12,396) 35,566 38,931 9p733 Percentage Ownership in All Operating Nuclear Units Unit 1
Unit 2 Unit 3 15.8%
15.8%
15.8%
Maximum Total Contingent Liability