NRC-02-0080, Price-Anderson Act Guarantee of Payment of Deferred Premiums
| ML023380188 | |
| Person / Time | |
|---|---|
| Site: | Fermi  |
| Issue date: | 11/27/2002 |
| From: | Peterson N Detroit Edison |
| To: | Dinitz I Office of Nuclear Reactor Regulation |
| References | |
| NRC-02-0080 | |
| Download: ML023380188 (3) | |
Text
Fermi 2 6400 North Dixie Hwy., Newport, M1 48166 Detroit Edison 10CFR140.21 November 27, 2002 NRC-02-0080 U. S. Nuclear Regulatory Commission Attention: Mr. Ira Dinitz Room 11 F10 Mail Stop 12 D I Washington D C 20555
Reference:
Subject:
Fermi 2 NRC Docket No. 50-341 NRC Operating License No. NPF-43 Price-Anderson Act Guarantee of Payment of Deferred Premiums Enclosed is Detroit Edison's certified cash flow statement to meet the requirements of 10CFR140.21. The statement was prepared in accordance with Regulatory Guide 9.4 and outlines the Company's financial obligation, as detailed under the Secondary Financial Protection section of the amended Price-Anderson Act.
Should you have any questions or require additional information, please contact me at (734) 586-4258.
Sincerely, Norman K. Peterson Manager - Nuclear Licensing Enclosures cc: J. E. Dyer M. A. Ring J. F. Stang M. V. Yudasz, Jr.
NRC Resident Office Region III Supervisor, Electric Operators, Michigan Public Service Corporation Document Control Desk NQK 0
A DTE Energy Company
CERTIFICATE I, Salvador Barragan, Senior Business Financial Analyst for Nuclear Generation Finance of the Detroit Edison Company C'Company"), do hereby certify that the 2001 Actual financial data shown on The Company's 2002 Internal Cash Flow Projection are derived from the Company's Consolidated financial statements for the year ended December 31, 2001 and that the 2002 Projection Is the latest projection of the Company for the year ended December 31, 2002.
Dated: November 19.2002 SNr. B Gues Finenrailn i*nalnst, Nuclear Generation Finance
The Detroit Edison Company 2002 INTERNAL CASH FLOW PROJECTION FOR FERMI 2 NUCLEAR POWER STATION (in millions)
Net income after taxes Less: dividends paid Retained Earnings 2001 Actua 233 (306)
(73)
Adjustments:
Depreciation and amortization Merger and restructuring charges Deferred income taxes and investment tax credits Allowance for funds used during construction Total adjustments Internal cash flow Average quarterly cash flow Percentage ownership in Fermi 2 631 147 (115)
(5) 658 585 146 2002 Proiection 375 (296) 79 547 (14) 533 612 153 100%
Maximum total contingent liability per year 10