ML19318C364
| ML19318C364 | |
| Person / Time | |
|---|---|
| Site: | Vermont Yankee File:NorthStar Vermont Yankee icon.png |
| Issue date: | 06/24/1980 |
| From: | Carey W VERMONT YANKEE NUCLEAR POWER CORP. |
| To: | Dinitz I Office of Nuclear Reactor Regulation |
| References | |
| NUDOCS 8007010397 | |
| Download: ML19318C364 (4) | |
Text
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VERMONT YANKEE NUCLEAR POWER CORPORATION SEVENTY SEVEN ORoVE STREET RUTLAND, Vsaxoxr osvoi TELE.escht 002-779 2904 June 24, 1980 Ira Dinitz, Indemnity Specialist Anti-Trust & Indemnity Group Nuclear Reactor Regulation U.
S. Nuclear Regulator Commission Washington, D.C.
20555 Re: Vermont Yankee Nuclear Power Corporation Docket No. 50-271: License No. DPR28 Gentlemen:
Enclosed is a cash flow by calendar quarters for this Company and cash flows for this Company's Sponsor Companies for the 1980 calendar year submitted in compliance with requirements of the Price-Anderson Act.
Very truly yours,
.tkah 0
Willis W. Carey Treasurer & Assts Secretary WWC/mm Enclosures
/vloof S
/!/
8 0 0 7 0 y.o 377
VERMONT YANKEE NUCLEAR POWER CORPORATION Cash Flow Estimated 1980 (Thousands of Dollars)
Quarter Ended March 31 June 30 Sept. 30 Dec. 31 Total Internal Funds Net Income 1,786 1,770 1,769
.1,775 7,100 Depreciation 2,225 2,225 2,225 2,225 8,900 Fuel Amortization 5,869 6,359 5,377 3,595 21,200 Income Tax Accrual 1,585 1,570 1,570 1,575 G,300 Dividends (1,850)
(1,850)
(1,850)
(1,850)
(7,400)
Income Tax Payments (312)
(1,394)
(547)
(547)
(2,800)
Pro-Forma Power Cost Assessment Under Power Contracts for Retrospective Premium Payable by Customer-Sponsor, Maximum of ten million dollars in any one year in accordance with 10 CFR Part 140 10,000 10,000 10,000 10,000 40,000
-Total Pro-Forma Internal Cash Flow 19,303 18,680 18,544 16,773 73,300 Other Sources - Net 1,112 3,132 (1,408)
(1,036) 1,800 External Financing - Net 150 (7,000) 750 9,500 3,400 Total Funds From all Sources 20,565 14,812 17,886-25,237 78,500 Cash Requirements Construction Expenditures 2,166 2,432 4,340 9,062 18,000 Nuclear Fuel Purchases 8,399 2,380 3,546 6,175 20,500 Pro-Forma Retrospective Premium 10,000 10,000 10,000 10,000 40,000 Total Cash Requirements 20,565 14,812 17,886 25,237 78,500 I hereby certify that I am Treasurer and Assistant Secretary of Vermont Yankee Nuclear. Power Corporation and that this statement fairly represents the estimated Cash Flow of this Company for the period ended 12/31/80.
Ydf S f Hillis W. Careyf WWC/mm Treasurer and,'nssistant Secretary 6/24/80
- =.
VERMONT YANKEE NUCLEAR POWER CORPORATION
. Schedule-B - Pega'l of 2-Cash Flow - Vermont Yankee Sponsors (In Thousands) 1980 Forecast t
Central Public Verment Green New Conn.
Central Service Public Mountain England Light &
Maine' Company of j
Service Power Power Power Pow =r New.
Corp.
Corp.
Company Company Company llampshire Internal Funds Net Income.
$ 9,584
$ 5,100
$59,800
$54,629
$29,200
.$64,000 Depreciation & Amortization 3,646 2,091 33,000 56,105 21,300 17,200
. Deferred Income Taxes &
Investment Tax Credits - Net 2,605 908 44,000 6,544 13,100 20,600 l'
Allowance for Funds Used During Construction (2,230)
( 888)
(27,000)
(23,758)
(11,600)
(34,500)
Dividends (7,554)
(3,094)
(54,800)
(53,135)
(26,100)
(47,400)
'Other' Internal Sources - Net-2,156 (47,000)
Total Internal Cash Flow 8,207 4,117 8,000 40,385 25,900 19,900 f
7,500 Other Sources - Net 225 (16,928)
External Financing - Net 11,525 135,755
.200,500 Total Funds From All Sources
$ 8,207
$15,867
$ 8,000
$159,212 _
$25,900
$227,900 Average Quarterly Cash Flow
$ 2,052
$ 3,967
$ 2,000
$ 39,803
$ 6,475
$ 56,975 Percent of Nuclear Operating Plants Vermont Yankee 35.0 20.0 20.0 6.0 4.0 4.0 Other Operating Nuclear Plants 7.5 65.0 154.0 53.5 17.0 Total Percentage 42.5 20.0 85.0 160.0' 57.5 21.0 Maximum Premium Assessment
$ 4,250
$ 2,000
$ 8,500
$ 16,000
$ 5,750 2,100' WWC/sa 6/24/80
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VERMONT YANKEE NUCLEAR POWER CORPORATION Schedule B - Pcg3 2 of 2
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Crah Flow - Vermont Yankee Sponsors (In Thousanda) 1980 Forecast Hartford Western Cambridge Electric Mass.
Montaup Electric Light Electric Electric Light Company Company Company Company Total Internal Funds Nat Income ~
$38,295
$15,636
$11,415
$2,717
$290,376
' Depreciation and Amortization 28,834 14,910 4,898 1,917
.901 Deferred Income Taxes and
-Investment Tax Credits - Net 5,980 7,590 333 635 102,295 Allowance for Funds Used During Construction (10,554)
( 7,158)
(10,344)
(
50)
(128,082)
Dividends (33,311)
(14,439)
( 6,801)
(2,717)
(249,351)
Other Internal Sources - Net (29),
-(44,873)
Total Internal Cash Flow 29,244 16,539
(
528) 2,502 154,266 Other, Sources - Net (16,699)
( 1,007)
.(26,909)
External Financing - Net 53,805 26,550 428,135 Total Funds From All Sources
$66,350
$42,082
$( 528)
$2,502
$555,492-Average Quarterly Cash Flow
$16,587
$10,520
-$( 132)
$ 626
$138,873 Percent of Nuclear Operating Plants y
Vermont Yankee 3.5 2.5 2.5 2.5 100.0 Other Operating Nuclear Plants 79.0 57.5 13.0 10.5 457.0 Total Percentage 82.5 60.0 15.5 13.0 557.0 Maximum Premium Assessment
$ 8,250
$ 6,000
$ 1,550
$1,300
$ 55,700 WWC/ca 6/24/80 s
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