ML19323B064

Forwards Financial Statement for 1979

ML19323B064
Person / Time
Site:	Saxton File:GPU Nuclear icon.png
Issue date:	05/01/1980
From:	Cindy Montgomery SAXTON NUCLEAR EXPERIMENTAL CORP.
To:	Grimes B Office of Nuclear Reactor Regulation
References
SNEC-86, NUDOCS 8005090196
Download: ML19323B064 (2)

Text

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' 0'270 P:-O: Bee-99rSo*aortre er--!M7' MAILING ADDRESS: 260 Cherry 11111 Road 2u1-263-4900-Parsippany,N.J.07054 Area 201-263-6359 May 1, 1980 SNEC-86 Docket No. 50-146 License DPR-4 Mr. Brian K. Grimes Assistant Director for Engineering and Projects office of Nuclear Reactor Regulation United States Nuclear Regulatory Commission Washii.gton, D. C. 20545 -

Dear Mr. Grimes:

Pursuant,to Paragraph 50.71(b) of 10 CPR Part 50, the Saxton Nuclear Experimental Corporation herewith submits ten (10) copies of its financial statement for the year ended December 31, 1979.

Very truly yours,,

/

C. R. Montgomery l

President 1

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Pnclosures i

LC B. W. Churchill

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SAXTON PRJCLEAR EXPERIMENTAL CORPORATION Statement of Assets and Capital .

December 31, 1979 f

ASSETS:

Construction work in progress:

Westinghouse contract $6,250,000 Other costs 714,089

$6,%4,089 Retirement Work in Progress 227,752 Cash 63,501 Total Assets $7,255,342 1

CAPITAL:

Contributed capital:

Common stock, $1 par,v'lue, a authorized and ou'ntanding 20,000 shares $ 20,000 Contributions from shareholders 9,973,001

$9,993,001 Deficit 2,737,659 Total Capital $7,255,342 4

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SAX' ION NUCLEAR EXPERIIENTAL CORPORATION Statement of Het Cost of Operations and Deficit for the Year Ended December 31, 1979 .

$ Revenue from Sale of Steam Nuclear Production Expenses:

Operation Maintenance ,

Total Production Expenses -s, .

Administrative and General Expenses -O-Het Cost of Operations ,

Deficit, beginning of Year $2,737,659 Deficit, End of. Year $2,737,659 i

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