NRC-08-0073, Price-Anderson Act Guarantee of Payment of Deferred Premiums
| ML083440313 | |
| Person / Time | |
|---|---|
| Site: | Fermi  |
| Issue date: | 11/26/2008 |
| From: | Rachel Johnson Detroit Edison |
| To: | Document Control Desk, Office of Nuclear Reactor Regulation |
| References | |
| NRC-08-0073 | |
| Download: ML083440313 (3) | |
Text
Fermi 2 6400 North Dixie Hffy., Newport, M1 48166 Detroit Edison 10 CFR 140.21 November 26, 2008 NRC-08-0073 U. S. Nuclear Regulatory Commission Attention: Document Control Desk Washington D C 20555-0001
Reference:
Fermi 2 NRC Docket No. 50-341 NRC Operating License No. NPF-43
Subject:
Price-Anderson Act Guarantee of Payment of Deferred Premiums Enclosed please find Consolidated Statements of Cash Flows as of December 31, 2007 (AUDITED) and September 30, 2008 (UNAUDITED). These statements have been prepared in accordance with Generally Accepted Accounting Principals (GAAP) and the Secondary Financial Protection section of the amended Price-Anderson Act.
Should you have any questions or require additional information, please contact me at (734) 586-5076.
Sincerely, Rodney W. Johnson Manager - Nuclear Licensing Enclosures cc: Ira P. Dinitz NRC Project Manager NRC Resident Office Reactor Projects Chief, Branch 4, Region III Regional Administrator, Region III Supervisor, Electric Operators, Michigan Public Service Commission DO A DTE Energy Company
Table of Contents THlE DETROIT EDISON COMPANY CONSOLIDATED STATEMENTS OF CASH FLOWS (in Millions)
Operating Activities Net income Adjustments to reconcile net income to net cash from operating activities:
Depreciation and amortization Deferred income taxes Asset (gains) and reserves, net Cumulative effect of accounting change Changes in assets and liabilities, exclusive of changes shown separately (Note 1)
Net cash from operating activities Investing Activities.
Plant and equipment expenditures Proceeds from sale of assets, net Restricted cash for debt redemptions Notes receivable from affiliate Proceeds from sale of nuclear decommissioning trust fund assets Investment in nuclear decommissioning trust funds Other investments Net cash used for investing activities Financing Activities Issuance of long-term debt Redemption of long-term debt Short-term borrowings, net Short-term borrowings from affiliate Capital contribution by parent company Dividends on common stock Other Net cash from (used for) financing activities Net Increase in Cash and Cash Equivalents Cash and Cash Equivalents at Beginning of the Period Cash and Cash Equivalents at End of the Period Year Ended December 31 2007 2006 2005
$ 317 321
$ 274 764 (111) 8 (213) 765 (809) 3 (3) 286 (323)
(33)
(879) 50 (185) 129 277 175 (305)
(7) 134 20 27
$ 47 812 2
(6)
(1)
.640 40 (26) 3 (213) 98 915 1,029 (972) 28 (48) 253 (284)
(29)
(1,052) 314 (126) 114 150 (305)
(9) 138 1
26 27 (722) 30 (9) 85 201 (235)
(71)
(721) 857 (997) 163 (305)(6)
(288) 20 6
26 See Notes to Consolidated Financial Statements
Table of Contents THE DETROIT EDISON COMPANY CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
(in Millions)
Nine Months Ended September 30 2008
'2007 S
251 207
,kperagnACtiv1tie9
-?
Net Incmn C
O Pe
- 2 Depreciation and amortization 563 583 Asset (gains) and reserves, net
(
12 Net cash from operating activities 850 978 Plant and equipment expenditures (651) 5 Restfited~~ibreteisitn c-101
.77777 7777
[I-45j Proceeds from sale of nuclear decommissioning trust fund assets 180 227 4kInmen minucr 2aqis onmtrustfiind.
Notes receivable from affiliates
( 139)
Otheinvetrnet&
-~
T~ 3 T
~
(16)
Net cash used for investing activities (60 (735)
Issuance of long-term debt 566
ýR-777 Repurchase of long-term debt (238____
Short-term borrowings -
affiliates
- _.__(68)______
F7-t
-W'dirbtoi 0
-175 7~15 Dividends on common stock (2
Net cash used for financing activities (199 (227)
Cash and Cash Equivalents at Beginning of the Period 47 27 siand&CasWii -quivalentsat End ofthe-Period:
-793 Source: DETROIT EDISON CO, 10-Q, November 14, 2008