ML20079M586

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Forwards Financial Statement for CY82
ML20079M586
Person / Time
Site: Saxton File:GPU Nuclear icon.png
Issue date: 02/23/1983
From: Cindy Montgomery
SAXTON NUCLEAR EXPERIMENTAL CORP.
To: Harold Denton
Office of Nuclear Reactor Regulation
References
SNEC-112, NUDOCS 8303030110
Download: ML20079M586 (3)


Text

ue SAXTON NUCLEAR EXPERIMENTALCORPORATION G EN ER A L P U B LIC U TI L ITI ES SY S TE M IfSNE JERSEY CENTRAL 70wan a LesHT COMPANY U

PENMSYLVANIA ELECTRIC COM PANY METROPOLITAM EDISCN COMPANY EAILING ADDRES 5

  • TELEPH O N E :

100 INTERPACE PARKWAY 201-263-6500 PARSIPPANY, N.J. 070 54 February 23, 1983 SNEC-ll2 Docket No. 50-146 License DPR-4

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Dr. Harold R. Denton, Di rector Office of Nuclear Reactor Regulation United States Nuclear Regulatory Commission Washington, DC 20545

Dear Dr. Denton:

Pursuant to Paragraph 50 71(b) of 10CFR50, the Sexton Nuclear Experimental Corporation herewith submits ten copies of its financial statement for the year ended December 31, 1982.

Very truly yours,

$. Ln u v > > u'J h4 C. R. Montgoinery President 1s Enclosures OM 8303030110 830223 PDR ADOCK 05000146 I PDR

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, SAXTON NUCLEAR EXPERIMENTAL CORPORATION Statement of Assets & Capital-December 31, 1982 ASSETS:

Construction work in progress:

Westinghouse contract $ 6,250,000 Other costs 714,089

$ 6,964,089 Retirement work in progress 424,729 Cash 785 Accounts Receivable 2,863 Total Assets $ 7.392.466 LIABILITIES:

Accounts Payable $ -

CAPITAL:

Contributed capital:

Common stock, $1 par value, authorized and outstanding 20,000 shares $ 20,000 Contributions from shareholders 10,110,125 10,130,125

$10,13 0,125 Deficit 2,737,659 Total Capital $ 7.392.466 l

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.3 SAXTCJ NUCLEAR EXPERIMENTAL CORPORATION Statement of Net Cost of Operations & Deficit For the Year Ended December 31, 1982 l

Revenue from Sale of Steam- $ Nuclear Production Expenses:

Operation Maintenance Total Production Expenses Administrative & General Expenses Net Cost of Operations Deficit, Beginning of Year $2,73 7,659 Deficit, End of Year $2,73 7,659 t

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