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{{#Wiki_filter:0 REGULATORY INFORMATION DISTRIBUTION SYSTEM (RIDS)ACCESSION NBR!7903190173 DOC~DATE!79/03/15 NOTARIZED!
{{#Wiki_filter:0 REGULATORY INFORMATION DISTRIBUTION SYSTEM                         (RIDS)
NO DOCKET¹FACIL$50 200 ROBERT EMMET GINNA NUCL'EAR PLANT UNIT 1g ROCHESTER G-05000244 AUTHsNAME AUTHOR AFF IL I AT ION KOWBAiS~ROCHESTER GAS 5 ELECTRIC CORP'EC IP~NAME RKC IP IENT AFFILIATION SALTZMANgJ ANTITRUST 8 INDEMNITY GROUP SUBJECT!FORWARDS FINANCIAL'NFO TO SUPPORT GUARANTEE OF RETROSPECTIVE PREMIUM PAYMKNTS WHICH MIGHT BE REQUIRED UNDKR SECONDARY FINANCIAL PROTECTION SYS~SUMMARIES ACTUAL CASH FLOW FOR 1978 8 PROJECTED CASH FLOW FOR 1979'ISTRIBUTION CODE!M001S COPIES RECEIVED!LTR
ACCESSION NBR! 7903190173         DOC ~ DATE! 79/03/15           NOTARIZED! NO                         DOCKET ¹ FACIL$ 50 200 ROBERT EMMET GINNA NUCL'EAR PLANT                 UNIT 1g ROCHESTER                   G- 05000244 AUTHsNAME           AUTHOR AFF IL I AT ION KOWBAiS ~           ROCHESTER GAS 5 ELECTRIC IP ~ NAME         RKC IP IENT CORP'EC AFFILIATION SALTZMANgJ             ANTITRUST 8 INDEMNITY GROUP SUBJECT! FORWARDS FINANCIAL'NFO TO SUPPORT GUARANTEE OF RETROSPECTIVE PREMIUM PAYMKNTS WHICH MIGHT BE REQUIRED UNDKR SECONDARY FINANCIAL PROTECTION SYS ~ SUMMARIES ACTUAL CASH FLOW FOR 1978 8 PROJECTED CASH FLOW FOR 1979 CODE! M001S     COPIES RECEIVED!LTR           '+ ENCL '
'+ENCL'SIZE!'ITLE!INSURANCE!
                                                                          'ISTRIBUTION SIZE!
INDEMNITY/ENDORSEMENT AGREEMENTS e:,&-.AL Ja l/.P.-hl F078 8-'4" NOTES!REC IPIENT ID CODE/NAME INTERNAL 05 DINITZ/ACTN EXTERNAL!03 LPDR COPIES LTTR ENCL 1 1-1 1 1 1 REC IPIENT ID CODE/NAMK 02 NRC PDR oe SOULES,V.00 NSIC COPIES LTTR ENCL 1 1 1 1 MAR SO 1979"TOTAL<NUMBER OF'-COPIES REQUIRED!"LTTR''ENCL"'" 6 W t 4)II It 4~4 I" 4 Ilj k 4 4 4 H l('W I'W W WM 4 4e 4 ROCHESTER GAS AND ELECTRIC CORPORATION
INSURANCE!     INDEMNITY/ENDORSEMENT           AGREEMENTS         e 'ITLE!
~89 EAST AVENUE, ROCHESTER, N.Y.I4649 SSSSC$STEPHEN KOWOA ASSSSTAHT CONTROLLCR TCLCRHONC ARcA coos Tss 546-2700 March 15, 1979 Mr.Jerome Saltzman, Chief Antitrust.
NOTES!        :,& - .AL Ja       l/ P.-hl F078           8-'4" REC IPIENT         COPIES              REC      IPIENT                  COPIES ID CODE/NAME         LTTR ENCL          ID CODE/NAMK                      LTTR ENCL INTERNAL                              1       1     02 NRC PDR                          1           1 05 DINITZ/ACTN          -1       1     oe SOULES,V.
&Indemnity Group Nuclear Reactor Regulation Nuclear Energy Commission Washington, DC 20555 Re: Docket No.50-244
EXTERNAL! 03 LPDR                    1      1    00 NSIC                             1           1 MAR SO 1979 "TOTAL< NUMBER OF'-COPIES   REQUIRED!     "LTTR '       'ENCL" '"   6


==Dear Mr.Saltzman:==
W t 4  )      II It 4
Enclosed is material required under Alternative Method No.5 to support a guarantee by Rochester Gas and Electric Corporation that it can pay the retrospective premiums which might be required under the Secondary Finan-cial Protection system.Attachment A summarizes the actual cash flow for the calendar year 1978 and the projected cash flow for the calendar year 1979.Attachment B is a certified financial statement covering the three months ended December 31, 1978 and 12 months ended December 31, 1978.We do not believe that it would be necessary to curtail any capital expenditures if a retrospective premium had to be paid.However, if future circumstances were such as to impact capital expenditures, we probably would delay upgrading distribution facilities which would not have an immediate impact on our service standards.
                                                ~ 4 I" 4 Ilj 4 4 4 k
Very truly yours, Ste hen Ko ba Enclosures Attachment A Rochester Gas and Electric Corporation 1979 Cash Flow Projection for R.E.Ginna Nuclear Power Station (000's)Net Income After Taxes Less Dividends Paid Retained.Earnings Adjustments:
H l(
Depreciation and Amortization Deferred Income Taxes Deferred.Fuel Costs Allowance for Funds Used During Construction Total Adjustments Internal Cash Flow Average Quarterly Cash Flow 1978 Actua1$39,586 24,946~1>,6%0 5 373951 3,162 976 13 517)2 572 3 212 1979 Projected.
W I'
$45,058 29 303 0 153755$39,198 3 0 01 Percentage Ownership in all Operating Nuclear Units Maximum Total Contingent Liability R.E.Ginna 100.00fp 4 10,000  
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~4I A Attachment B Rochester Gas and.Electric Corporation Statement of Income (000's)Revenue Electric Gas Steam Electric sales to other utilities Expense Electric and.steam fuels Purchased.
WM 4 4e 4
electricity.
 
Purchased natural gas Other operation Maintenance Total operation and.maintenance expense Depreciation Taxes-local, state and, other Federal income tax-current-deferred.Operating Income Other Income and.Deductions Allowance for funds used during construction Other Income before Interest Charges Interest Charges Long-term debt Short-term debt Other Allowance for borrowed funds used.during construction Net Income Dividends on Preferred and.Preference Stock Earnings Applicable to Common Stock Three Months Ended December 31 1978$48,452 29,578 4 545~2,575~79>925311 15>157 3,268 21,516 175495 7 152 64,588 5 651 11,138 (2,406)4 874 8,466 2 5 333 2 040 j 373 125839 6,492 518 ill (1 370)5 5 75 1 7,088 1 419~5,669$202,631 118,531 19 110 3330, 272 28 676 m3W9m 58,140 195337 715109 65,685 26 246 240,517 22,206 45,935 5,166~5875 3195 99 49,249 8,705 4 418 135 123 62,372 25,594 1,588 416 (4 812)225 7 39,586 5 678~33 908 Year Ended.December 31 1978 I hereby certify these Financial Statements to be correct to the best of my knowledge and belief.ROCHESTER GAS AND ELECTRIC CORPORATION e en ow a, ssxsTan Con roller  
SSSSC $
.~g o~(ig~g" REGULATOR NFORMATION DI TRISUTION SY TEM{RIDS)DISTRIBUTION FOR INCOMING MATERIAL 50-244 REC: SALTZMAN J NRC ORG: I(USSIE R R ROCHESTER GAS 8c ELEC DOCDATE: 09/08/78 DATE RCVD'</12/7'DOCTYPE:
ROCHESTER GAS AND ELECTRIC CORPORATION  ~ 89 EAST AVENUE, ROCHESTER, N.Y. I4649 TCLCRHONC STEPHEN KOWOA                                                    ARcA coos Tss 546-2700 ASSSSTAHT CONTROLLCR March 15, 1979 Mr. Jerome Saltzman, Chief Antitrust.  & Indemnity Group Nuclear Reactor Regulation Nuclear Energy Commission Washington, DC 20555 Re:  Docket No. 50-244
LETTER NOTARIZED:
 
NO COPIES RECEIVED  
==Dear Mr. Saltzman:==
 
Enclosed   is material required under Alternative Method No. 5 to support a guarantee by Rochester Gas and Electric Corporation that     it can pay the retrospective premiums which might be required under the Secondary Finan-cial Protection system.
Attachment A summarizes the actual cash flow for the calendar year 1978 and the projected cash flow for the calendar year 1979.
Attachment B is a certified financial statement covering the three months ended December 31, 1978 and 12 months ended December 31, 1978.
We   do not believe that it would be necessary to curtail   any   capital expenditures if a retrospective premium had to be paid. However, if future circumstances were such as to impact capital expenditures, we probably would delay upgrading distribution facilities which would not have an immediate impact on our service standards.
Very   truly yours, Ste hen Ko ba Enclosures
 
Attachment A Rochester Gas and Electric Corporation 1979 Cash Flow Projection for R.E. Ginna Nuclear Power Station (000's) 1978                  1979 Actua1                Projected.
Net Income After Taxes                                 $ 39,586                $  45,058 Less Dividends Paid                                       24,946                  29 303 Retained. Earnings                                     ~1>,6%0                0 153755 Adjustments:
Depreciation and Amortization                       5 373951                $ 39,198 Deferred Income Taxes                                   3,162 Deferred. Fuel Costs                                       976 Allowance for Funds Used During Construction           13 517)
Total Adjustments                                         2 572 Internal Cash Flow                                         3 212                  3  0 Average Quarterly Cash Flow                                                           01 Percentage Ownership   in all Operating Nuclear Units                                                   R.E. Ginna   100.00fp Maximum  Total Contingent Liability                                            4 10,000
 
~4I A
Attachment     B Rochester Gas and. Electric Corporation Statement of Income (000's)
Three Months Ended            Year Ended.
December 31 1978          December 31      1978 Revenue Electric                                                   $ 48,452                  $ 202,631 Gas                                                           29,578                    118,531 Steam                                                         4 545                    19 110
                                                                  ~2,575                      3330, 272 Electric sales to other       utilities                   ~79>                        28 676 925311                  m3W9m Expense Electric   and. steam fuels                                 15>157                    58,140 Purchased. electricity.                                     3,268                    195337 Purchased natural gas                                       21,516                    715109 Other operation                                             175495                    65,685 Maintenance                                                   7 152                    26 246 Total operation   and. maintenance expense                                                 64,588                    240,517 Depreciation                                                 5 651                    22,206 Taxes-local, state and, other                               11,138                    45,935 Federal income tax - current                                 (2,406)                      5,166
                              - deferred.                           4  874                ~5875 3195 99 Operating Income                                                 8,466                      49,249 Other Income and. Deductions Allowance for funds used during construction                                                 2 5 333                    8,705 Other                                                         2 040                      4 418 j 373                    135 123 Income before     Interest   Charges                           125839                      62,372 Interest   Charges Long-term debt                                               6,492                      25,594 Short-term debt                                                   518                    1,588 Other Allowance for borrowed funds used.
ill                        416 during construction                                         (1 370)                    (4 812) 5 5 75 1                  225 7 Net Income                                                       7,088                      39,586 Dividends on Preferred       and.
Preference Stock                                               1 419                      5  678 Earnings Applicable to       Common Stock                   ~5,669                   ~33     908 I hereby certify these       Financial Statements to be correct to the best of my knowledge and     belief.
ROCHESTER GAS AND ELECTRIC CORPORATION e   en     ow a, ssxsTan   Con   roller
 
        . ~
g o~(ig~g
                  " REGULATOR NFORMATION DI TRISUTION SY TEM {RIDS)
DISTRIBUTION FOR INCOMING MATERIAL                                       50-244 REC:     SALTZMAN     J                     ORG: I(USSIE   R R                   DOCDATE:                   09/08/78 NRC                                        ROCHESTER GAS    8c ELEC            DATE RCVD'</12/7'DOCTYPE:
LETTER         NOTARIZED: NO                                             COPIES RECEIVED


==SUBJECT:==
==SUBJECT:==
LTR i ENCL i FORWARDING SIGNED COPY Ol=AMEND NO 7 TO INDEMNITY AGREEMENT NO.9"38 INCLUDING NEW AMENDED"ARTICLE VIII (AS LISTED)BETWEEN APPLICANT Sc ATOMICENERGY COMMISSlON.
 
,.PLANT NAME: RE GINNA-UNIT i REVIEWER INITIAL: X JM DISTRIBUTOR INITIAL: Qg~~~HHHHHHHHHHHI+~+~
FORWARDING SIGNED COPY Ol= AMEND NO 7 TO INDEMNITY AGREEMENT NO. 9 "38 LTR                i      ENCL  i INCLUDING NEW AMENDED "ARTICLE ENERGY COMMISSlON.
DISTRIBUTION OF TI IIS MATFRIAL I AS FOLLOWS INSURANCE:
VIII   (AS LISTED) BETWEEN APPLICANT Sc ATOMIC
INDEMNITY/ENDORSEMENT AGREEMENTS (DISTRIBUTION CODE MOOi), INTERNAL: EXTERNAL:-G FIL+W/ENCL DIN FOR ACTION+wW/ENCL LPDR'S ROCHESTEIRr NY+~l J/ENCL TERA~~W/ENCL NS I C u<W/ENCL ACRS CAT B~H~W/0 ENCL NRC PDR+4<W/ENCL H JORDANk+W/ENCL DI TRIBUTION:
,.PLANT NAME: RE GINNA UNIT                 i                               REVIEWER INITIAL: X JM DISTRIBUTOR   INITIAL:Qg
LTR 7 SIZE'P+>P ENCL 7 CONTROL NBA: 782500237%W Sl%%MHHHa-0 0 4~3l%k%%%%%%%%%%%
~~~HHHHHHHHHHHI+~+~           DISTRIBUTION OF TI IIS MATFRIAL I           AS FOLLOWS INSURANCE:       INDEMNITY/ENDORSEMENT AGREEMENTS (DISTRIBUTION CODE MOOi),
%%%%8f>Hf%THE END 0 M!,>~c 1}}
INTERNAL:                 -G   FIL     +W/ENCL                    NRC PDR+4<W/ENCL DIN         FOR ACTION+wW/ENCL             H JORDANk+W/ENCL EXTERNAL:              LPDR'S ROCHESTEIRr     NY+~l J/ENCL TERA~~W/ENCL NS I C u < W/ENCL ACRS       CAT B~H~W/0 ENCL DI TRIBUTION:               LTR 7           ENCL 7                              CONTROL NBA:                782500237 SIZE'P+>P
% W Sl %% MHHHa-0 0 4~ 3l% k%%%%%%%%%%% %%%%8f >Hf%       THE END
 
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Latest revision as of 12:53, 4 February 2020

Forwards Financial Info to Support Guarantee of Retrospective Premium Payments Which Might Be Required Under Secondary Financial Protection Sys.Summarizes Actual Cash Flow for 1978 & Projected Cash Flow for 1979
ML17244A408
Person / Time
Site: Ginna Constellation icon.png
Issue date: 03/15/1979
From: Kowba S
ROCHESTER GAS & ELECTRIC CORP.
To: Saltzman J
Office of Nuclear Reactor Regulation
References
NUDOCS 7903190173
Download: ML17244A408 (7)


Text

0 REGULATORY INFORMATION DISTRIBUTION SYSTEM (RIDS)

ACCESSION NBR! 7903190173 DOC ~ DATE! 79/03/15 NOTARIZED! NO DOCKET ¹ FACIL$ 50 200 ROBERT EMMET GINNA NUCL'EAR PLANT UNIT 1g ROCHESTER G- 05000244 AUTHsNAME AUTHOR AFF IL I AT ION KOWBAiS ~ ROCHESTER GAS 5 ELECTRIC IP ~ NAME RKC IP IENT CORP'EC AFFILIATION SALTZMANgJ ANTITRUST 8 INDEMNITY GROUP SUBJECT! FORWARDS FINANCIAL'NFO TO SUPPORT GUARANTEE OF RETROSPECTIVE PREMIUM PAYMKNTS WHICH MIGHT BE REQUIRED UNDKR SECONDARY FINANCIAL PROTECTION SYS ~ SUMMARIES ACTUAL CASH FLOW FOR 1978 8 PROJECTED CASH FLOW FOR 1979 CODE! M001S COPIES RECEIVED!LTR '+ ENCL '

'ISTRIBUTION SIZE!

INSURANCE! INDEMNITY/ENDORSEMENT AGREEMENTS e 'ITLE!

NOTES!  :,& - .AL Ja l/ P.-hl F078 8-'4" REC IPIENT COPIES REC IPIENT COPIES ID CODE/NAME LTTR ENCL ID CODE/NAMK LTTR ENCL INTERNAL 1 1 02 NRC PDR 1 1 05 DINITZ/ACTN -1 1 oe SOULES,V.

EXTERNAL! 03 LPDR 1 1 00 NSIC 1 1 MAR SO 1979 "TOTAL< NUMBER OF'-COPIES REQUIRED! "LTTR ' 'ENCL" '" 6

W t 4 ) II It 4

~ 4 I" 4 Ilj 4 4 4 k

H l(

W I'

W W

WM 4 4e 4

SSSSC $

ROCHESTER GAS AND ELECTRIC CORPORATION ~ 89 EAST AVENUE, ROCHESTER, N.Y. I4649 TCLCRHONC STEPHEN KOWOA ARcA coos Tss 546-2700 ASSSSTAHT CONTROLLCR March 15, 1979 Mr. Jerome Saltzman, Chief Antitrust. & Indemnity Group Nuclear Reactor Regulation Nuclear Energy Commission Washington, DC 20555 Re: Docket No. 50-244

Dear Mr. Saltzman:

Enclosed is material required under Alternative Method No. 5 to support a guarantee by Rochester Gas and Electric Corporation that it can pay the retrospective premiums which might be required under the Secondary Finan-cial Protection system.

Attachment A summarizes the actual cash flow for the calendar year 1978 and the projected cash flow for the calendar year 1979.

Attachment B is a certified financial statement covering the three months ended December 31, 1978 and 12 months ended December 31, 1978.

We do not believe that it would be necessary to curtail any capital expenditures if a retrospective premium had to be paid. However, if future circumstances were such as to impact capital expenditures, we probably would delay upgrading distribution facilities which would not have an immediate impact on our service standards.

Very truly yours, Ste hen Ko ba Enclosures

Attachment A Rochester Gas and Electric Corporation 1979 Cash Flow Projection for R.E. Ginna Nuclear Power Station (000's) 1978 1979 Actua1 Projected.

Net Income After Taxes $ 39,586 $ 45,058 Less Dividends Paid 24,946 29 303 Retained. Earnings ~1>,6%0 0 153755 Adjustments:

Depreciation and Amortization 5 373951 $ 39,198 Deferred Income Taxes 3,162 Deferred. Fuel Costs 976 Allowance for Funds Used During Construction 13 517)

Total Adjustments 2 572 Internal Cash Flow 3 212 3 0 Average Quarterly Cash Flow 01 Percentage Ownership in all Operating Nuclear Units R.E. Ginna 100.00fp Maximum Total Contingent Liability 4 10,000

~4I A

Attachment B Rochester Gas and. Electric Corporation Statement of Income (000's)

Three Months Ended Year Ended.

December 31 1978 December 31 1978 Revenue Electric $ 48,452 $ 202,631 Gas 29,578 118,531 Steam 4 545 19 110

~2,575 3330, 272 Electric sales to other utilities ~79> 28 676 925311 m3W9m Expense Electric and. steam fuels 15>157 58,140 Purchased. electricity. 3,268 195337 Purchased natural gas 21,516 715109 Other operation 175495 65,685 Maintenance 7 152 26 246 Total operation and. maintenance expense 64,588 240,517 Depreciation 5 651 22,206 Taxes-local, state and, other 11,138 45,935 Federal income tax - current (2,406) 5,166

- deferred. 4 874 ~5875 3195 99 Operating Income 8,466 49,249 Other Income and. Deductions Allowance for funds used during construction 2 5 333 8,705 Other 2 040 4 418 j 373 135 123 Income before Interest Charges 125839 62,372 Interest Charges Long-term debt 6,492 25,594 Short-term debt 518 1,588 Other Allowance for borrowed funds used.

ill 416 during construction (1 370) (4 812) 5 5 75 1 225 7 Net Income 7,088 39,586 Dividends on Preferred and.

Preference Stock 1 419 5 678 Earnings Applicable to Common Stock ~5,669 ~33 908 I hereby certify these Financial Statements to be correct to the best of my knowledge and belief.

ROCHESTER GAS AND ELECTRIC CORPORATION e en ow a, ssxsTan Con roller

. ~

g o~(ig~g

" REGULATOR NFORMATION DI TRISUTION SY TEM {RIDS)

DISTRIBUTION FOR INCOMING MATERIAL 50-244 REC: SALTZMAN J ORG: I(USSIE R R DOCDATE: 09/08/78 NRC ROCHESTER GAS 8c ELEC DATE RCVD'</12/7'DOCTYPE:

LETTER NOTARIZED: NO COPIES RECEIVED

SUBJECT:

FORWARDING SIGNED COPY Ol= AMEND NO 7 TO INDEMNITY AGREEMENT NO. 9 "38 LTR i ENCL i INCLUDING NEW AMENDED "ARTICLE ENERGY COMMISSlON.

VIII (AS LISTED) BETWEEN APPLICANT Sc ATOMIC

,.PLANT NAME: RE GINNA UNIT i REVIEWER INITIAL: X JM DISTRIBUTOR INITIAL:Qg

~~~HHHHHHHHHHHI+~+~ DISTRIBUTION OF TI IIS MATFRIAL I AS FOLLOWS INSURANCE: INDEMNITY/ENDORSEMENT AGREEMENTS (DISTRIBUTION CODE MOOi),

INTERNAL: -G FIL +W/ENCL NRC PDR+4<W/ENCL DIN FOR ACTION+wW/ENCL H JORDANk+W/ENCL EXTERNAL: LPDR'S ROCHESTEIRr NY+~l J/ENCL TERA~~W/ENCL NS I C u < W/ENCL ACRS CAT B~H~W/0 ENCL DI TRIBUTION: LTR 7 ENCL 7 CONTROL NBA: 782500237 SIZE'P+>P

% W Sl %% MHHHa-0 0 4~ 3l% k%%%%%%%%%%% %%%%8f >Hf% THE END

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