ML20080A648

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Forwards Financial Statement for 1983
ML20080A648
Person / Time
Site: Saxton File:GPU Nuclear icon.png
Issue date: 01/30/1984
From: Cindy Montgomery
SAXTON NUCLEAR EXPERIMENTAL CORP.
To: Harold Denton
Office of Nuclear Reactor Regulation
References
SNEC-120, NUDOCS 8402060180
Download: ML20080A648 (3)


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us SAXTON NUCLEAR EXPERIMENTALCORPORATION GENERAL P U B LIC U TI L ITI ES SY S TE M lSNE Jansty CsNTRAL POWER t LIG HT COMPANY PENNSYLVANIA ELECTRIC COM PANY METROPOLITAM EDIs0N COMPANY CAILINe Ananass : ygtgpg an g ;

100 INTERPACE PARKWAY 201-263-6500 PARSIPPANY, N.J. 070 54 January 30, 1984 SNEC-120 Docket No. 50-146 License DPR-4 Dr. Harold R. Denton, Director Office of Nuclear Reactor Regulation United States Nuclear Regulatory Commission Washington, DC 20545

Dear Dr. Denton:

Pursuant to Paragraph 50.71'(b) of 10CFR50, the Saxton Nuclear Experimental Corporation herewith submits ten copies of i ts financial statement for the '

year ended December 31, 1983 Very truly yours, l C A. 7h

~ C. R. Montgome r naryn President is Enclos ures I

l A@o 3402060180 840130 l I PDR ADOCK 05000146 PDR

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SAX' ION NUCLEAR EXPERIMENfAL 00RPORATION Statement of Assets & Capital December 31, 1983 ASSE'IS:

Construction work in progress:

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

$ 6,964,089 Retirement work in progress 495,070 Cash 4,707 Accounts Receivable -

Total Assets $ 7,463,86_6 LIABILITIES:

Accounts Payable $ -

CAPITAL:

Contributed capital:

Conmon stock, $1 par value, authorized and outstanding 20,000 shares $ 20,000 Contributions from shareholders 10,181,525 10,201,525

$10,201,525 Deficit 2,737,659

'Ibtal Capital $ 7,463,866

o SAXTON MJCLEAR EXPERIMENTAL CORPORATION Statement of Net Cost of Operations & Deficit Ebr the Year Ended December 31, 1983 Revenue from Sale of Steam $ Nuclear Production Expenses:

Operation Maintenance Total Production Expenses Administrative & General Expenses Net Cost of Operations Deficit, Beginning of Year $2,737,659 Deficit, End of Year $2,737,659

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