ML20133H056

Forwards Util 5211-85-2080/4410-85-L-0094,per NRC .Info Demonstrates Util Payment Capabilities Required by 10CFR140.21

ML20133H056
Person / Time
Site:	Crane
Issue date:	10/09/1985
From:	Morrell M GENERAL PUBLIC UTILITIES CORP.
To:	Dinitz I NRC OFFICE OF STATE PROGRAMS (OSP)
References
NUDOCS 8510160247
Download: ML20133H056 (1)

Text

So - 2 89 s

GPU Service Corporation Ser Ce iO0 interPace earkway Parsippany. New Jersey 07054 1149 (201)263-6500 TELEX 136-482 Writer's Direct Dial Number:

(201)263-6646 October 9, 1985 Mr. Ira Dinitz Office of State Programs U. S. Nuclear Regulatory Commission Washington, D.C.

20555

Dear Mr. Dinitz:

In response to your letter of October 3,1985, I am forwarding a copy of GPU Nuclear letter 5211-85-2080/4410-85-L-0094 of April 25, 1985.

I believe this information demonstrates that GPU has the necessary pay-ment capabilities required by Section 140.21 of 10CFR Part 140.

Please contact me if you need additional information.

Very truly yours, CA Michael P. Morrell Ass is tant Treasurer l

8510160247 851009 PDR ADOCK 05000289 I

PDR 00 GPU Service Corporation is a subsidiary of General Public Utilities Corporation

g GPU Nuclear Corporation t Nuclear

ema-o Middls:own, Pennsylvania 17057 0191 717 944 7621 TELEX 84 2386 Writer's Direct Olal Number:

April 25, 1985 5211-85-2080 4410-85-L-0094 Office of Nuclear Reactor Regulation Attn:

H. Denton, Cirector U.S. Nuclear Regulatory Comission Washington, D.C.

20555

Dear Mr. Denton:

Three Mile Island Nuclear Station Unit 1 & Unit 2 (TMI-I & THI-II)

Operating License No. DPR-50 & DPR-73 Docket No. 50-289 & 50-320 10 CFR 50.71(b) & CFR 140.21 Annual Financial Reports In accordance with requirements of 10 CFR 50.71(b) and CFR 140.21, the following financial infonnation is submitted:

1984 GPU Annual Report 1984 GPU Uniform Statistical Report 1984 GPU Actual Source and Application of Funds Statement 1985 'GPU Forecast Source and Application of Funds Statement Sincerely, n

H.,\\j0. Hukill Director THI-1 HDH/MM/JG8/spb cc:

J. Thoma Enclosures (4) 0239A GPU Nuclear Corporation is a subsidiary of the General Public Utilities Corporation

.. a s ~ - ~.1 o ;-

oswp w.--

g y.

s CENTRAL PUllLIC UTILITIES CORPORATION & SUBSIDIARIES SOURCE & APPLICATION OF FUNDS - FORECAST 1985

($ itillions)

GPU Jersey l

Consolidated Mininationn Corporation Central Het-111 Penelec CPU Sources of Funds

$ 100 78 73 Internal Sources

$ 251 124 6

11 Depreciation 141 (48)

(3) 7 Deferred Energy Costs (44) 76 3

6 Deferred Taxes 85 19 investment Tax Credit, Net 19 63

( 3) 35 Amortization of Nuclear Fuel 95

$ JJ4

$~ ~~8I

$72 Change in Uorking Capital & Cash Changes **

$ 547 TOTAL Internal Sources 16 30 r.xternal Sources 46 Long Term Debt Preferred Stock (8) 10 (14)

Capital Contributions from GPU (12)

Temporary Investments (69) 10 If

$~(47')

2d

$ (14)

Common Stock (59)

~

Short-Term Borrowings, Het

$'~(25)

TOTAL External Sources g

[8,7,

$ Jjl, 1.1.8

$ 52]

Total Sources 16

$ 218 94

$ 108 Application of Funds

$ 436 69 7

10 Construction 86 H

2,8J,

$, ipa

$_1A8, Maturities & Sinking Funds

$,,,5,2_2 TOTAL Application of Funds Capitalization

$1,826 16

$ 796

$ 412

$ 602 Long Term Debt 487 190 140 157 Preferred Stock 1,712 (1,722) 1,712 827 383 512 Common Equity

$'4',02'5

$(1,722)

$1,728

$1,813

$~ 935

$1,271

~-

10 Short-Tern Debt

$QM

$;(127Y7)

$L 7.28

${81]

$~ 945

${25 Total 10 Total In accordance uith CPU orictnal 1985 budget.

• • Includes retained earnings

GENERAL PUBLIC UTILITIES CORPORATION & SUBSIDIARIES M

SOURCE & APPLICATION OF FUNDS - ACTUAL 1984

($ 111111ons)

GPU GPU Jersey Consolidated Eliminations Coryorati_on Central

!!c t-Fd Penelec Sources of Funds Internal Sources Dspreciation & Amortization i 2 37 (3) 3 87 77 73 Deferred Energy Costs (138)

(91)

(7)

(40)

Deferred Taxes 112 78 3

31 Investment Tax Credit, Net 40 22 12 6

Amortization of Nuclear Fuel 15 12 2

1 Change in Working Capftal & Cash Changes

• 28 3

1 13 (7) 13 TOTAL Internal Sources

$ 29's 6

$72T UU

$T Fxternal Sources Long Term Debt 26 6

5 10 5

Preferred Stock Capital Contributions from CPU Common Stock Temporary Investments 22 1

(15) 38 (2)

Short-Term Borrowings 81

~

81

~ '6 3

TOTAL External Sources

$ T21 7

~~7T 4

Total Sources 423 g

$ 192,

$ J28 g

Application of Funds Construction

$ 311 6

$ 169 63 73 Maturities & Sinking Funds 112 5

23 65 19

[3]

$, 192' i 126

$, _9}

TOTAL Application of Funds

$mJ3 4

Capi taliza tion Long Term liebt

$1,869 (3) 26

$ 825

$ 419

$ 602 Preferred Stock 492 193 140 159 Common Equity

~1,637 (1,641) 1,637 787 373 481 Total

$3,998

$(1,644)

$1,663

$1,805

$[~9'3i

$1,242 Short-Term Debt 95 95 Total

$,4.09.3,

${1.,6,44,)

$1,663

$1,90J

$ J 32

$h2_42

• Includes retained earnings

.