ML18018B301

Submittal of Corrective Copies of Consolidated Balance Sheet, Previously Submitted by Letter of 08/01/1978 Along with Necessary Info Required by NRC

ML18018B301
Person / Time
Site:	Nine Mile Point
Issue date:	08/15/1978
From:	Rushmore J Niagara Mohawk Power Corp
To:	Saltzman J Office of Nuclear Reactor Regulation
References
Download: ML18018B301 (8)

Text

~s/i hr REGULATORY INFORMATION DISTRIBUTION SYSTEM (RIDS)

DISTRIBUTION FOR INCOMING MATERIAL 50-220 REC:

SALTZMAN J NRC ORG:

RUSHMORE J W

NIAGARA MOHAWK PWR DOCTYPE:

LETTER NOTARIZED:

NO

SUBJECT:

FORWARDING CORRECTED COPY OF'ONSOLIDATED BALANCE SHEETS BY APPLICANT"S LTR OF 08/01/78 ALONG WITH NECESSARY INFO PURSUANT TO 42F. R. 46 DTD 01/03/77.

DOCDATE: 08/15/78 DATE RCVD: 08/17/78 I1 COPIES RECEIVED LTR 1

ENCL 1

PREVIOUSLY SUBMITTED REQUIRED BY NRC PLANT NAME: NINE MILE PT "- UNIT 1

REVIEWER INITIAL:

XJM DISTRIBUTOR INITIAL:

~~~~~~~~~~~~~~~~~~~+

DISTRIBUTION PF THIS MATERIAL ZS AS FOLLOWS ~~~~~~~~~~~~~~~~~~

INSURANCE:

INDEMNITY/ENDORSEMENT AGREEMENTS (DISTRIBUTION CODE M001)

INTFRNAL:

REG FILE++W/ENCL

+W/ENCL NRC PDR>>W/ENCL I.I JORDAN+4W/ENCL EXTERNAL:

LPDR'8 OSWEGO NY+<W/ENCL TERA~~W/ENCL NSIC++W/ENCL ACRS CAT B+<W/0 ENCL DISTRIBUTION:

LTR 7 SIZE:

iP+iP ENCL 7 THE END CONTROL NBR:

782190337

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V NIIASAIRA g PgQOQ@5$ K NIAGARAMOHAWKPOWER CORPORATION/300 ERIE BOULEVARDWEST. SYRACUSE, N.Y. 13202/TELEPHONE (315) 474-1511 August 15, 1978 Mr. Jerome Saltzman, Chief Antitrust 8z Indemnity Group Nuclear Reactor Regulation Nuclear Regulatory Commission Washington, D. C.

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Re:

Docket No. 50-220 - Guarantee of Retrospective Premium

Dear Mr. Saltzman:

In a letter, dated August 1, 1978, we sent the necessary material required by the Commission pursuant to 42 P. R. 46, dated January 3, 1977.

The Consolidated Balance Sheet, which was attached, has been discovered to have an error and, therefore, corrected copies are enclosed.

If there are any questions, please advise.

Very truly yours, W. Rushmore, upervisor - Insurance System Risk Management JWR/cnw Enclosures 7~2g9p337

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NIAGARA HOHAllK POWER CORPORATION AND SUBSIDIARY COMPANIES CONSOLIDATED BALANCE SHEET (UNAUDITED)

ASSETS Utility plant, at original cost:

Electric...

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Nuclear fuel..................

Gas

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Construction work in. progress.

Total o

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Less-accumul ated depreci ation.

,Net utilHy plant,......

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At June 30

$2,676,171 82,190 345,209 57,900 506,508 873,972 1978 1977

~In Thousands of Do11ars

$2,570,474 87,290 336,217 55,499 370,645 810,199 2,794,006 2,609,926 Other property and investments:

Current assets:

Cash o

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Temporary cash investments....:.........

Accounts receivable. (trade).............

Less-allowance for doubtful accounts..

Income tax refund claims Haterial and supplies, at average cost:

Coal and oil for production of electri 0ther.................................

Prepaid real estate taxes Other prepayments..........-..'..........

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15,240 7,812 36, 991 112,857 (1,600) 8,027 64,589 28,585 23,395 2,794 YF3,460 15,676 4,160 110,31 0 (1,300) 7,188 44,894 25,594.

23,055 2,407 216,308 Deferred debits:

Unamortized debt expense..

Deferred recoverable energy costs...................

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13,836 11,588 3,966 29,390 3,

Ub 13,243 29,914 5,187 48,344

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NIAGARA ViOHANK POWER CORPORATION AND SUBSIDIARY COMPANIES CONSOLIDATED BALANCE SHEET (UNAUDITED)

At June 30, 1978 1977 In Thousands of Dollars LIABILITIES Capitalization:

Common stockholders'quity:

Common stock - $ 1 par value; authorized 85,000,000 (65,000,000 in 1977) shares;'issued 61,360,036 and 56,375,219 shares, respectively...

Premium on capital stock........................

Capital stock expense...............-.............

Retained earnings......................

Cumulative preferred stock - $100 par value authorized 3,400,000 shares; issued 3,364,000 and 3,382,000 shares, respectively (includes sinking fund. requirements)

Cumulative preferred stock - $25 par-value; authorized 9,600,000 shares; issued 2,800,000 and 1,200,000 shares, respectively............

Cumulative preference stock - $25 par value, authorized 4,000,000 shares; issued - none.

Total stockholders'quity...........,.......

Long-term debt Total capitalization.......................

61,360 636,083 (8,512) 372,138 1,061,069 334,600 70,000

,1,465,669 1,391,417 K~5,086 56,375 570,409 (8,103) 343,195 961,876 3365400 30,000 1,328,276 1,278,545 2,60,8 Current liabilities:

Notes payable and commercial paper.

Long-term debt due within one year..

Sinking fund requirements.

on preferred Accounts payable.

Customers'eposits...................

Accrued taxes.......................

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Accrued interest......,.......,.........

Accrued vacation pay.........'.........

0ther...

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9,375

',800 59,876 5,001 36,74?

28,407 12,104 11,312 164,622 43,200 1,500 1,800 68,921 4,301 34,799 24,086 10,665 4,977 194,249 Deferred credits:

Income tax refunds thero ~ ~ ~ ~ ~

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19,870 9,768 29,638 19,571 11,794 31,365 Accumulated deferred federal income taxes 70,740 3,122,086 57,819 B. 90.

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