ML20127K220
| ML20127K220 | |
| Person / Time | |
|---|---|
| Site: | Callaway  |
| Issue date: | 06/14/1985 |
| From: | Schnell D UNION ELECTRIC CO. |
| To: | Harold Denton Office of Nuclear Reactor Regulation |
| References | |
| ULNRC-1113, NUDOCS 8506270321 | |
| Download: ML20127K220 (4) | |
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UNION ELECTRIC COMPANY 1901 Grotiot Street St. Louis Donald F.Schnell Vice President June 14, 1985 Mr. Harold R. Denton, Director Office of Nuclear Reactor Regulation U.S. Nuclear Regulatory Commission Washington, DC 20555
Dear Mr. Denton:
ULNRC-lll3 DOCKET NUMBER 50-483 CALLAWAY PLANT, UNIT 1 GUARANTEE OF PAYMENT OF RETROSPECTIVE PREMIUMS 10 CFR 140.21 Pursuant to the requirements of 10 CFR 140.21, Union Electric Company transmits the attached cash flow projection to satisfy the guarantee of payment of retrospective premiums required by said requirement.
This statement covers 1984 (actual) and 1985 (estimate) and shows that a cath flow of $10 million can be generated and would be available for payment of retrospective premiums within three months after submission of a statement, if necessary.
It is Union Electric's intent to make this report in the future on an annual calendar year basis.
A follow-up report, covering actual data for 1985 and projecting calendar year 1986, will be submitted by April 30, 1986.
If there are any questions, please contact us.
Very truly yours, O
Donald F. Schnell DS/kc 8506270321 850614 PDR ADOCK 05000483 I
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i Malling Address RO Box 149, St. Louis, MO 63166
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STATE OF MISSOURI )
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Donald F. Schnell, of lawful age, being first duly sworn upon oath says that he is Vice President-Nuclear and an officer of Union Electric Company; that he has read the foregoing document and knows the content thereof; that he has executed the same for and on behalf of said company with full power and authority to do so; and that the facts therein stated are true and correct to the best of his knowledge, information and belief.
By Donald F.
Schnell Vice President Nuclear
/3 _# day of
, 19857
/
SUBSCRIBED and sworn to before me this Mb BARBARAT.FFAf[
NOTARY PUSUC, STATE OF MISSOURf MY COMMISSION EXPIRES APRIL 22, 1983 ST. LOUIS COUNW l
L i
r Attachment to ULNRC-lll3 1985 INTERNAL CASH FLOW PROJECTION FOR UNION ELECTRIC COMPANY NUCLEAR POWER STATION
- (DOLLARS IN THOUSANDS) 1984 Actual 1985 Projected Net Income After Taxes S 324,200
$ 327,400 Less Dividend Paid (216,400)
(228,800)
Retained Earnings
$ 107,800.
98,600 Adjustments:
Depreciation and Amortization
$ 101,500
$ 161,500 Deferred Income Taxes and Investment Tax Credits-160,800 47,600 Allowance for Funds Used During-Construction and Phase-In Credits (329,700)
(172,100)
Total Adjustments
$ (67,400) 37,000 Internal Cash Flow 40,400
$ 135,600
=
=
Average Quarterly Cash Flow 10,100 33,900
=
=
Percentage Ownership in All Operating Nuclear Units Callaway.100%
Maximum Total Contingent Liability
$ 22,300 The increase in cash flow for 1985 is due to the completion of the callaway. nuclear unit and its subsequent reflection in operating revenues.
I, Donald E. Brandt, Vice President and Controller, am the principal accounting officer of Union Electric Company ("the Company") and hereby certify that the aforesaid 1985 internal cash flow projection was prepared under my direction and supervision and that it is correct and accurate to the best of my knowledge, information and belief.
~ Sh)hl Date r
Donald E. Brandt/
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.. - -. ~....
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e cc Gerald Charnoff, Esq.
Shaw,-Pittman, Potts & Trowbridge 1800 M. Street, N.W.
Washington, D.C.
20036 Nicholas A. Petrick Executive Director SNUPPS 5-Choke Cherry Road Rockville, Maryland 20850 G. C. Wright Division of Projects and Resident Programs, Chief Section lA U.S. Nuclear Regulatory Commission Region III 799 Roosevelt Road Glen Ellyn, Illinois 60137 Bruce Little Callaway Resident Office U.S. Nuclear Regulatory Commission RR$1 Steedman, Missouri 65077 Tom Alexion Office of Nuclear Reactor Regulation U.S. Nuclear Regulatory Commission Mail Stop P-316 3-i 7920 Norfolk Avenue Bethesda, MD 20014 4
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