ML20012B369

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Forwards Cash Flow Projection & Certification to Satisfy Guarantee of Payment of Retrospective Premiums
ML20012B369
Person / Time
Site: Callaway Ameren icon.png
Issue date: 02/28/1990
From: Schnell D
UNION ELECTRIC CO.
To:
NRC OFFICE OF INFORMATION RESOURCES MANAGEMENT (IRM)
References
ULNRC-2164, NUDOCS 9003140278
Download: ML20012B369 (4)


Text

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e 1901 Gr:tiot Street

'* Post ofta Eu 149 St tows. M:sso 63166 i 314 $H 2C50 February 28,1990 pon.i n s a n n ON *'~"" " * "'

EL IC NJCICN ME U.S. Nuclear Regulatory Commission ATTN: Document Control Desk Washington D.C. 20555 Gentlemen: ULNRC-2164 DOCKET NUMBER 50-483 CALLAWAY PLANT GUARANTEE OF PAYMENT OF RETROSPECTIVE PREMIUMS 10 CFR 140.21 Pursuant to the requirements of 10 CFR 140.21, Union Electric Company hereby transmits the attached cash flow projection and certification to satisfy the guarantee of payment of retrospective premiums as required by this regulation. This statement covers 1989 (actual) and 1990 (estimate) and shows that, if necessary, our cash flow would adequately cover payment of retrospective premiums within three months after submission of a statement.

It is Union Electric's intent to continue to make this report on an annual calendar year basis. A follow-up report, covering actual data for 1990 and projecting calendar year 1991, will be submitted by April 30, 1991.

If there are any questions, please contact us.

Very truly yours, 9003140D70 900DDB PDR ADDCK 050 3 .-

Donald F. Schnell DJW/dvd Attachment 9 y. po/bs '

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h Att:chment ULNRC-2164 I

l 1990 INTERNAL CASH FLOW PROJECTION FOR UNION ELECTRIC COMPANY NUCLEAR POWER STATION (DOLLARS IN THOUSANDS) 1989 Actual 1990 Projected I Net Income After Taxes $ 285.600 $ 280,400 Less Dividend Paid (224,400) (229,200)

Retained Earnings $ 61,200 $ 51,200 Adjustments:

Depreciation and Amortization $ 283,000 $ 280,900 Deferred Taxes 39,200 42,900 Callaway Unit No. 2 Costs Disallowed 50,300 -

Allowance for Funds Used During l Construction and Phase-In Credits (18,100) (15,200)

Net Changes in Assets and Liabilities (68,500) 13,600 Total Adjustments $ 285,900 $ 322,200 Internal Cash Flow $,,3,4.1Jpg j,.JJ) ppg Average Quarterly Cash Flow QM1i J J )j)}Q Percentage Ownership in All Operating Nuclear Units callaway 100%

Yearly Maximum Total Contingent Liability $ 26,400 I, Donald E. Brandt Senior Vice President-Finance 6 Accounting, am the prir.cipal accounting of ficer of Union Electric Company ("the Company") and hereby certify that the aforesaid 1990 internal cash flow projection was prepared under my direction and supervision and that it is correct and accurate to the best of my knowledge, informati nnd belief.

Date  ?>f80 '

) andt (Donald E.

cc Gerald Charnoff, Esq.

Shaw, Pittman, Potts & Trowbridge 2300 N. Street, N.W.

Washington, D.C. 20037 Dr. J. O. Cermak CFA, Inc.

4 Professional Drive (Suite 110)

Gaithersburg, MD 20879 R. C. Knop Chief, Reactor Project Branch 1 U.S. Nuclear Regulatory Commission Region III 799 Roosevelt Road Glen Ellyn, Illinois 60137 Bruce Little Callaway Resident Office U.S. Nuclear Regulatory Commission RRW1 Steedman, Missouri 65077 S. V. Athavale (2)

Office of Nuclear Reactor Regulation U.S. Nuclear Regulatory Commission 1 White Flint, North, Mail Stop 13E21 11555 Rockville Pike Rockville, MD 20852 Manager, Electric Department Missouri Public Service Commission P.O. Box 360 Jefferson City, MO 65102 U.S. Nuclear Regulatory Commission ATTN: Document Control Desk Washington, D.C. 20555

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/QA Record (CA-758)

L Nuclear Date E210.01 DFS/ Chrono D. F. Schnell J. E. Birk J. V. Laux M. A. Stiller G. L. Randolph R'. J. Irwin H. Wuertenbaecher b W. R. Campbell A. C. Passwater R. P. Wendling D. E. Shafer D. J. Walker F O. Maynard (WCNOC) i N. P. Goel (Bechtel)

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