ML20154M861
| ML20154M861 | |
| Person / Time | |
|---|---|
| Site: | Callaway  |
| Issue date: | 03/06/1986 |
| From: | Schnell D UNION ELECTRIC CO. |
| To: | Harold Denton Office of Nuclear Reactor Regulation |
| References | |
| ULNRC-1268, NUDOCS 8603170096 | |
| Download: ML20154M861 (4) | |
Text
Unx>x
.$tucmc n
1901 Gratet Street. St. Losas March G,
1986 DoneM F, Schnell Vce Present Mr. Ilarold R. Denton, Director Office of Nuclear Regulatory Regulation U.S. Nuclear Regulatory Commission Washington, DC 20555
Dear Mr. Denton:
ULNRC-1268 DOCKET NUMBER 50-483 CALLAWAY PLANT GUARANTEE OF PAYMENT OF RITFOSPECTIVE PREMIUMS 10 CPR 140.21 Pursuant to the requirements of 10 CFit 140.21, Union Electric Company hereby trannmits the attached cach flow projection and certification to notisfy the guaranten of payment of retrospectivo premiums as required by thin regulation.
This statomont covern 1985 (actual) and 1986 (ontimate) and shown that, if necessary, our cash flow would adequately cover payment of retrospectivo premiums within three months af ter submission of a statement.
It in Union Electric's intent to continue to make thin report on an annual colondar year basis.
A follow-up report, covering actual data for 1986 and projecting calendar year 1987 will be submitted by April 30, 1987.
If there are any questions, pleano contact us.
Very truly yourn, Donald F.
Schnell DJW/bjk DOC DS p00
$$0UI 1
i, Madesq ArMmss PO Ibn 149 $t laws MO 63fC6
O STATE OF MISSOURI )
)
Donald F.
Schnell, of lawful age, being first duly sworn upon oath sayn that he in Vice President-Nuclear and an officer of Union Electric Company; that he has read the foregoing document and known 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.
.1 By_
Schnell Donald F.
Vice President Nuclear SUBSCRIBED and sworn to before me this Mh day of M4td., 198d.
44/> M DA00AHA J. FFAFF M W Y FLUL:C, srAft or tuarogre MY CCWWC1 IFIRIS APRrt 22, tan ST. Louj3 COUNTY
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 C. W. Hehl Division of Frojects 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 RRil Steedman, Missouri 65077 Paul O'Connor Office of Nuclear Reactor Regulation U.S. Nuclear Regulatory Commission Mail Stop 31G 7920 Norfolk Avenue Bethesda, MD 20014 Manager, Electric Department Missouri Public Service Commission P.O. Box 360 Jefferson City, MO 65102 i
l I
I l
9
_ _ ~.... _., _.
e, o
1986 INTERNAL CASH FLOW PROJECTION FOR UNION ELECTRIC COMPANY NUCLEAR POWER STATION (DOLLARS IN THOUSANDS) 1985 Actual 1986 Projected Net Income After Taxes
$ 337,200
$ 307,700 Less Dividend Paid (228,600)
(239,300)
Retained Earnings
$ 108,600
$ 68,400 Adjustments:
Depreciation and Amortization
$ 210,800
$ 178,600 Deferred Income Taxes and Investment Tax Credits 73,800 49,400 Settlement of Uranium Litigation 12,400 7,600 Decrease in Working Capital 6,400 Allowance fo* Funds Used During Construction and Phase-In Credits (181,400)
(76,800)
Total Adjustments
$ 122,000
$ 158.800 Internal Cash Flow
! 230,600
$ 227,200 Average Quarterly Cash Flow
$ 57.700
$ 56,800 "ercentage Ownership in All Operating Nuclear Units Callaway 100:
Maximum Total Contingent Liability
$ 22,200 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 1986 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.
Date A
N
/
V Donald E. Bran'dt W
9
.