ML20052E710
| ML20052E710 | |
| Person / Time | |
|---|---|
| Site: | Farley  |
| Issue date: | 05/07/1982 |
| From: | Bowden T ALABAMA POWER CO. |
| To: | Saltzman J Office of Nuclear Reactor Regulation |
| Shared Package | |
| ML20052E711 | List: |
| References | |
| NUDOCS 8205110373 | |
| Download: ML20052E710 (1) | |
Text
e Alabama Power Company g., g %
8 600 North 12h Street 3 lo Y a
Post Offic ; Box 2641 Birmingh:m, Alabama 35291 Telephone 205 250-1000 Travis J. Bowden
%ce President-Finance and Treasurer g
the southern electrc system May 8'
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Mr. Jerome Saltzman Ct 3
]y, O JQ82h Chief, Antitrust and Indemnity Group C
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Nuclear Reactor Regulation 4 ;52 #
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- 4 Nuclear Regulatory Commission Washington, D. C.
20555
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Dear Mr. Saltzman:
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/'V OT Enclosed is the annual submission of Alabama Power Company with respect to the retrospective premium guarantee required under the Price-Anderson Act, as amended, applicable to its Joseph M. Farley Nuclear Plant. We have elected to satisfy this guarantee requirement by submitting annual certified financial statements and cash projections, showing that a cash flow can be generated and would be available for payment of retrospective premiums up to $20,000,000 within three months after submission of the statement.
In this connection, enclosed are the following:
1.
1981 Annual Report which includes financial statements for the calendar year 1981, together with the report on auch statements by Arthur Andersen & Co., independent public accountants; 2.
Unaudited Financial Statements for the quarter ended March 31, 1982; 3.
Cash Flow Projectisns for the period January 1, 1982 through December 31, 1982, showing that cash flow for
$20,000,000 can be generated and would be available for payment of retrospective premiums within three months after submission of the statement.
Please acknowledge receipt of the enclosures by signing and returning a copy of this letter.
Yours very truly, g
a g.. k MS Travis J. Bowden
/
TJB/no Enclosures 8205110373 820507 PDR ADOCK 05000348 I
PUR t