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)

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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

t Nuclear GPU Nuclear Corporation g

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 l

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 CPU Central Het-111 Penelec Mininationn Corporation l Consolidated Sources of Funds 78 $ 73

$ 100 $

11 Internal Sources $ 251 124 6 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

$ (14)

~

(59)

Common Stock $~(47') $ 2d Short-Term Borrowings, Het $'~(25)

$' If TOTAL External Sources $ 1.1.8

$ g $ [8,7, $ Jjl, Total Sources

$ 52]

16 $ 218 $ 94 $ 108 Application of Funds $ 436 $

- 69 7 10 Construction 86 $, ipa $_1A8, Maturities & Sinking Funds $, ,,5,2_2

$ H $ 2,8J, TOTAL Application of Funds

$ 16 $ 796 $ 412 $ 602

$1,826 157 Capitalization $

- 190 140 Long Term Debt 487 827 383 512 Preferred Stock (1,722) 1,712 $1,271 1,712 $1,813 $~ 935 Common Equity

~-

$(1,722) $1,728

$'4',02'5 - 10 -

Total Short-Tern Debt 10

$;(127Y7)

$L 7.28 ${81]

$~ 945 ${25 Total $QM

• 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 - -

TOTAL External Sources $ T21 $ 7 $ ~~7T $ ~4 '6 $ 3 Total Sources 423 .$ g $ 192, $ J28 $ g Application of Funds Construction $ 311 $ 6 $ 169 $ 63 $ 73 Maturities & Sinking Funds 112 5 23 65 19 TOTAL Application of Funds $mJ3 4 '

$ [3] $, 192' , i 126 $, _9}

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

.