ML20247G105
| ML20247G105 | |
| Person / Time | |
|---|---|
| Site: | Palo Verde, San Onofre  |
| Issue date: | 05/13/1998 |
| From: | Rainsberry J SOUTHERN CALIFORNIA EDISON CO. |
| To: | NRC OFFICE OF INFORMATION RESOURCES MANAGEMENT (IRM) |
| Shared Package | |
| ML17313A368 | List: |
| References | |
| NUDOCS 9805200139 | |
| Download: ML20247G105 (3) | |
Text
.
4 50UIH1RN C AtllORMA l
EDISON
'""* m Manager, riant Licensing 1
An wihuv 1xn RNAnosrt? cayny May 13, 1998 U. S. Nuclear Regulatory Commission Attention: Document Control Desk Washington, D. C. 20555 Gentlemen:
1
Subject:
Docket Nos. 50-361, 50-362, 50-528, 50-529, and 50-530 Internal Cash Flow for San Onofre Nuclear Generating Station Units 2 and 3, and Palo Verde Nuclear Generating Station Units 1, 2, and 3 Southern California Edison (SCE), as agent for the owners of the San Onofre Nuclear Generating Station Units 2 and 3, and as the owner of a 15.8% share of Palo Verde Units 1, 2, and 3, submits the following documents in accordance with the provisions of 10 CFR 140.21 (e):
e 1998 Internal Cash Flow Projection which is derived from Consolidated Financial Statements included in SCE's 1997 Annual Report to Shareholders, as audited and certified by Arthur Anderson, LLP, I
SCE's Annual Report to Shareholders for the fiscal year ending e
December 31, 1997, SCE's Form 10K Annual Report to the Securities and Exchange o
Commission (Form 10K) for the fiscal year ending December 31, 1997.
...n
. O b.L 'A D 9805200139 990513 PDR ADOCK 050 1
I San Onefre Nuclear Generating Station f
r.O.Iku 128 i
San Clemente, CA 92674-0128 714 368-7420 OU 1
o f
Document Control Desk l l
If you have any questions or require further information about these documents, please contact me.
Sincerely,
}mi l
i Enclosure cc:
E. W. Merschoff, Regional Administrator, NRC Region IV K. E. Perkins, Jr., Director, Walnut Creek Field Office, NRC Region IV J. A. Sloan, NRC Senior Resident Inspector, San Onofre Units 2 & 3 J. W. Clifford, NRC Project Manager, San Onofre Units 2 and 3 -
M. B. Fields, NRC Project Manager, Palo Verde Units 1, 2, and 3 l
l t_
e SCE Confident:ll
\\
SOUTHERN CALIFORNIA EDISON COMPANY l
1998 Internal Cash Flow Projection (Dollars in Thousands) 1997 1998 Actual Proiected Net income After Taxes
$605,594 cri Dividends Paid
$1,871,944 ns c2 Retained Earnings
($ 1,266,350) c2 Adjustments:
Depreciation & Decommissioning
$ 1,239,878
$ 1,108,426 Net Deferred Taxes & ITC
$63,379
$274,270 Allowance for Funds Used During Construction
($ 16.864)
($ 16,104)
Total Adjustments
$ 1,286,393
$ 1,366,592 Internal Cash Flow A20,043 c2:
Average Quarterly Cash Fiow
$ 5,011 cri Percentage Ownership in All Nuclear Units:
San Onofre Nuclear Generating Station Units 2 & 3 o Southern California Edison Company 75.05 %
o San Diego Gas & Ele-tric Company 20.00 %
o City of Anaheim 3.16 %
o City of Riverside 1.79 %
Palo Verde Nuclear Generating Station Units 1,2 & 3 15.80 %
Maximum Total Contingent Liability:
San Onofre Nuclear Generating Station Unit 2
$ 10,000 San Onofre Nuclear Generating Station Unit 3
$ 10,000 Palo Verde Nuclear Generating Station Unit 1
$ 1,580 Palo Verde Nuclear Generating Station Unit 2
$1,580 Palo Verde Nuclear Generating Station Unit 3
$ 1.580 Total
$ 24,740
"' Dividends Paid includes common stock share repurchase
'#8 Company policy prohibits dicciosure of financial data which will enable unauthorized persons to forecast earnings or dividends, unless assured confidentiality.
Us_nrc.xis -- 1998 CF 4/16/98