ML20041A979

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Forwards Financial Statement for Yr Ended Dec 1981
ML20041A979
Person / Time
Site: Saxton File:GPU Nuclear icon.png
Issue date: 02/16/1982
From: Cindy Montgomery
SAXTON NUCLEAR EXPERIMENTAL CORP.
To: Harold Denton
Office of Nuclear Reactor Regulation
References
SNEC-99, NUDOCS 8202230114
Download: ML20041A979 (3)


Text

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ISNE JEnsEY CENTR AL P OWER e LIS HT C O MPANY

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PEN N SYLVANIA ELECTRIC COM PANY MEYROPOLITAM EcisoN Co M PAN Y CAILING ADDRES S

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100 INTERPACE PARKWAY 201-263-6500 PARSIPPANY, N.J. 070 54 February 16, 1982 g

SNEC-99 t~

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Docket No. 50-146 RECE!VED D

License DPR-4 FEB2 219826 h a nam na;mm ~

Y Wa Dr. Harold R. Denton, Director n,,

Office of, Nuclear Reactor Regulation b

United States Nuclear Regulatory Commission j

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Washington, DC 20545

Dear Dr. Denton:

Pursuant to Paragraph 50.71(b) of 10CFR50, the Saxton Nuclear Experimental Corporation herewith submits ten copies of its financial statement for the year ended December 31, 1981.

Very truly yours,

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]Q, C. R. Montgomecy President is Enclosures l

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R. B. lleist I

8202230114 020216

[DRADOCK 05000146 PDR

r-SAX' ION NUCLEAR EXPERIMENTAL CORPORATION Statement of Assets'and Capital December 31, 1981-ASSETS:

Construction work in progress:

Westinghouse contract

$6,250,000 Other costs 714,089

$6,964,089 Retirement work in progress 373,746 Cash 28,587 Total Assets

$7,366,422 LIABILITIES:

Accounts Payable' 28,000 CAPITAL:

Contributed capital:

Common stock, $1 par value, authorized and outstanding 20,000 shares 20,000 Contributions from shareholders

-10,056,081 10,076,081

$10,104,081 Deficit 2,737,659 Total Capital 87,366,4g

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SAX 10N NUCLEAR EXPERIMENTAL CORPORATION Statement of Net Cost of Operations and Deficit for the' Year Ended December 31, 1981 Revenue from Sale.of Steam

$ Nuclear Production Expenses:

Operation Maintenance Total Production Expenses Administrative and General Expenses Net Cost of Operations Deficit, beginning of-Year

-$2,737,659 Deficit, End of Year

$2,737,659 i-

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