ML19254D727
| ML19254D727 | |
| Person / Time | |
|---|---|
| Site: | Skagit |
| Issue date: | 09/21/1979 |
| From: | Gittleman L PUGET SOUND POWER & LIGHT CO. |
| To: | |
| Shared Package | |
| ML19254D726 | List: |
| References | |
| NUDOCS 7910290426 | |
| Download: ML19254D727 (2) | |
Text
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9/21/79 UNITED STATES OF AMERICA NUCLEAR REGULATORY COMMISSION BEFORE THE ATOMIC SAFETY AND LICENSING BOARD In the Matter of
)
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PUGET SOUND POWER & LIGHT COMPANY,
)
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STN 50-523
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(Skagit Nuclear Power Project,
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Units 1 and 2)
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AFFIDAVIT OF LOUIS GITTLEMAN - CORRECTING TESTIMONY STATE OF MARYLAND
) SS CCUNTY OF MONTGOMERY )
I, Louis Gittleman, being duly sworn, depose and state:
I prepared " Supplemental Testimony of Louis Gittleman Regarding Financial Quali-fications" dated August 14, 1979, which was received into evidence in this pro-ceeding (Tr. 14, 625). On page 4 of that testimony, I constructed a chart which sets forth,the financial data for the Applicants in this proceeding for the year ending December '31,1978 which includes, among other factors, the net income of the utilities.
I have determined that the figure given on that chart for the net income of Puget Sound Power & Light Co., $26.1 Million, is incorrect. Due to a typo-graphical error that I did not detect at the time of the hearing, the correct figure of $36.4 Million is not reflected in the chart. The purpose of this affidavit is to correct the error, and to change the net income for Puget Sound Power & Light Co. to $36.4 Million.
As I indicated, the incorrect figure was merely a typographical error in pre-paring the chart, and was not used in calculating the other figures on the chart.
Accordingly, the return on common equity, pre-tax coverage of long-term interest
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2-charges, etc. are correctly indicated on the chart, and my conclusion regarding the ability of the Applicants to obtain 6 necessary funds to design and con-struct the Skagit facility is unchanged.
I hereby certify that the information in this affidavit is true and correct to the best of my knowledge.
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A w '-n Louis Gittleman Subscribed and sworn to before me this <2/ Aday of September,1979 l.Mi b.
M Notary (Public
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My Commission Expires:
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