ML20197H473
| ML20197H473 | |
| Person / Time | |
|---|---|
| Site: | Crystal River  |
| Issue date: | 06/15/1984 |
| From: | Greene G FLORIDA POWER CORP. |
| To: | Harold Denton Office of Nuclear Reactor Regulation |
| References | |
| NUDOCS 8406180427 | |
| Download: ML20197H473 (2) | |
Text
"
Florida Power C 0 R P O e. I i O as he*nio'r InckP id ni U
Financial Services June 15, 1984 Mr. Harold R. Denton, Director Office of Nuclear Reactor Regulation U. S. Nuclear Regulatory Commission Washington, D. C.
20555
Dear Mr. Denton:
In' order to update Florida Power Corporation's utilization of alternative (e) to satisfy the requirements of Section 140.21 of 1C CFR Part 140 for 1984, we are enclosing our 1984 Internal Cash Flow Projection for Crystal River Unit No. 3 Nuclear Power Station. Our Internal Cash flow Projection was prepared in accordance with the suggested format outlined in the U. S. Nuclear Regulatory Commission Regulatory Guide 9.4 dated September 1978.
The anniversary date of the Company's indemnity agreement is June 20. Therefore, our Internal Cash Flow Projection is submitted in a timely manner.
After you review this information, we would appreciate your advising us if we continee to satisfy the requirements of Section 140.21.
If you have any questions concerning this information, please give me a call.
Sincerely,
~
f
'_ George E. Greene, III
/mm Enclosure 8406180427 840615 PDR ADOCK 05000302 I
PDR 3201 Thirty-fourth Street South P.O. Box 14042,St. Petersburg, Florida 33733 813-866-4200
FLORIDA POWER CORPORATION 1984 Internal Cash Flow Projection for Crystal River Unit 3 Nuclear Power Station (Dollars in Thousands)
Year Ended Year Ended December 31,1983 December 31,1984 Actual Projected Net Income After Taxes
$131,249
$142,428
. Less Dividends Paid (101,971)
(114,015)
Retained Earnings 29,278 28,413 Adjustments:
Depreciation and Amortization 124,161 139,315 Deferred Income Taxes and 4
Investment Tax Credits 90,825 26,448 l
Allowance for Funds Used During Construction (29,848)
(42,487)
Total Adjustments 185,138 123,276 Internal Cash Flow 214,416 151,689 Average Quarterly Cash Flow 53,604
-37,922 Percentage Ownership in Crystal River Unit 3
- 100%*
Maximum Total Contingent Liability
$ 10,000
- Florida Power Corporation is the principal licensee as owner of 90% of the unit.
The Company is the exclusive operating agent for the owner-licensees of the remaining 10% of the unit.
This certified cash flow statement is made as of June 20, 1984, the anniversary date of the Crystal River Unit 3 indemnity agreement with the NRC. This statement.
covers all of the owners of this unit.
I hereby certify the above to be correct and accurate.
p[
<%N Dated: June 15,1984 G. E. Greene, III Senior Vice President
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