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Previous: NORTECH SYSTEMS INC, 10-K405/A, 1996-04-25 |
Next: STRONG OPPORTUNITY FUND INC, 485BPOS, 1996-04-25 |
Form U-13-60
Mutual and Subsidiary Service Companies
Revised February 7, 1980
ANNUAL REPORT
FOR THE PERIOD
Beginning January 1, 1995 and Ending December 31, 1995
TO THE
U.S. SECURITIES AND EXCHANGE COMMISSION
OF
GPU NUCLEAR CORPORATION
(Exact Name of Reporting Company)
A Subsidiary Service Company
("Mutual" or "Subsidiary")
Date of Incorporation September 11, 1980 If not Incorporated, Date of
Organization
State or Sovereign Power under which Incorporated or Organized New Jersey
1 Upper Pond Road
Location of Principal Executive Offices of Reporting Co. Parsippany, NJ
07054
Name, title, and address of officer to whom correspondence concerning this
report should be addressed:
1 Upper Pond Road
P. E. Maricondo V.P. Admin. and Finance & Comptroller Parsippany, NJ 07054
(Name) (Title) (Address)
Name of Principal Holding Company Whose Subsidiaries are served by Reporting
Company:
GENERAL PUBLIC UTILITIES CORPORATION
<PAGE>
1
INSTRUCTIONS FOR USE OF FORM U-13-60
1. Time of Filing.--Rule 94 provides that on or before the first day of
May in each calendar year, each mutual service company and each subsidiary
service company as to which the Commission shall have made a favorable finding
pursuant to Rule 88, and every service company whose application for approval
or declaration pursuant to Rule 88 is pending shall file with the Commission
an annual report on Form U-13-60 and in accordance with the Instructions for
that form.
2. Number of Copies.--Each annual report shall be filed in duplicate.
The company should prepare and retain at least one extra copy for itself in
case correspondence with reference to the report become necessary.
3. Period Covered by Report.--The first report filed by any company
shall cover the period from the date the Uniform System of Accounts was
required to be made effective as to that company under Rules 82 and 93 to the
end of that calendar year. Subsequent reports should cover a calendar year.
4. Report Format.--Reports shall be submitted on the forms prepared by
the Commission. If the space provided on any sheet of such form is
inadequate, additional sheets may be inserted of the same size as a sheet of
the form or folded to such size.
5. Money Amounts Displayed.--All money amounts required to be shown in
financial statements may be expressed in whole dollars, in thousands of
dollars or in hundred thousands of dollars, as appropriate and subject to
provisions of Regulation S-X (S210.3-01(b)).
6. Deficits Displayed.--Deficits and other like entries shall be
indicated by the use of either brackets or a parenthesis with corresponding
reference in footnotes. (Regulation S-X, S210.3-01(c))
7. Major Amendments or Corrections.--Any company desiring to amend or
correct a major omission or error in a report after it has been filed with the
Commission shall submit an amended report including only those pages,
schedules, and entries that are to be amended or corrected. A cover letter
shall be submitted requesting the Commission to incorporate the amended report
changes and shall be signed by a duly authorized officer of the company.
8. Definitions.--Definitions contained in Instruction 01-8 to the
Uniform System of Accounts for Mutual Service Companies and Subsidiary Service
Companies, Public Utility Holding Company Act of 1935, as amended February 2,
1979 shall be applicable to words or terms used specifically within this Form
U-13-60.
9. Organization Chart.--The service company shall submit with each
annual report a copy of its current organization chart.
10. Methods of Allocation.--The service company shall submit with each
annual report a listing of the currently effective methods of allocation being
used by the service company and on file with the Securities and Exchange
Commission pursuant to the Public Utility Holding Company Act of 1935.
11. Annual Statement of Compensation for Use of Capital Billed.--The
service company shall submit with each annual report a copy of the annual
statement supplied to each associate company in support of the amount of
compensation for use of capital billed during the calendar year.
<PAGE>
2
LISTING OF SCHEDULES AND ANALYSIS OF ACCOUNTS Page
Number
Description of Schedules and Accounts Schedule or Account
Number
COMPARATIVE BALANCE SHEET Schedule I 4-5
SERVICE COMPANY PROPERTY Schedule II 6-7
ACCUMULATED PROVISION FOR DEPRECIATION
AND AMORTIZATION OF SERVICE COMPANY PROPERTY Schedule III 8
INVESTMENTS Schedule IV 9
ACCOUNTS RECEIVABLE FROM ASSOCIATE
COMPANIES Schedule V 10
FUEL STOCK EXPENSES UNDISTRIBUTED Schedule VI 11
STORES EXPENSE UNDISTRIBUTED Schedule VII 12
MISCELLANEOUS CURRENT AND ACCRUED ASSETS Schedule VIII 13
MISCELLANEOUS DEFERRED DEBITS Schedule IX 14
RESEARCH, DEVELOPMENT, OR DEMONSTRATION
EXPENDITURES Schedule X 15
PROPRIETARY CAPITAL Schedule XI 16
LONG-TERM DEBT Schedule XII 17
CURRENT AND ACCRUED LIABILITIES Schedule XIII 18
NOTES TO FINANCIAL STATEMENTS Schedule XIV 19
COMPARATIVE INCOME STATEMENT Schedule XV 20
ANALYSIS OF BILLING - ASSOCIATE COMPANIES Account 457 21
ANALYSIS OF BILLING - NONASSOCIATE COMPANIES Account 458 22
ANALYSIS OF CHARGES FOR SERVICE - ASSOCIATE
AND NONASSOCIATE COMPANIES Schedule XVI 23
SCHEDULE OF EXPENSE BY DEPARTMENT OR
SERVICE FUNCTION Schedule XVII 24-25
DEPARTMENTAL ANALYSIS OF SALARIES Account 920 26
OUTSIDE SERVICES EMPLOYED Account 923 27
EMPLOYEE PENSIONS AND BENEFITS Account 926 28
GENERAL ADVERTISING EXPENSES Account 930.1 29
MISCELLANEOUS GENERAL EXPENSES Account 930.2 30
RENTS Account 931 31
TAXES OTHER THAN INCOME TAXES Account 408 32
DONATIONS Account 426.1 33
OTHER DEDUCTIONS Account 426.5 34
NOTES TO STATEMENT OF INCOME Schedule XVIII 35
<PAGE>
3
LISTING OF INSTRUCTIONAL FILING REQUIREMENTS Page
Number
Description of Reports or Statements
ORGANIZATION CHART 36
METHODS OF ALLOCATION 37
ANNUAL STATEMENT OF COMPENSATION FOR USE 38
OF CAPITAL BILLED
VENTURE DISCLOSURES 39
FINANCIAL DATA SCHEDULE - FILED VIA EDGAR
NOTE: Dollar figures in this report are shown in thousands unless otherwise
noted.
<PAGE>
<TABLE>
4
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
SCHEDULE I - COMPARATIVE BALANCE SHEET
Give balance sheet of the Company as of December 31 of the current and prior year.
<CAPTION>
ACCOUNT ASSETS AND OTHER DEBITS AS OF DECEMBER 31
CURRENT PRIOR
SERVICE COMPANY PROPERTY
<S> <C> <C>
101 Service company property (Schedule II) $ 38 $ 37
107 Construction work in progress (Schedule II) - -
Total Property 38 37
108 Less accumulated provision for depreciation
and amortization of service company
property (Schedule III) - -
Net Service Company Property 38 37
INVESTMENTS
123 Investments in associate companies (Schedule IV) - -
124 Other investments (Schedule IV) 406 270
Total Investments 406 270
CURRENT AND ACCRUED ASSETS
131 Cash - -
134 Special deposits 470 395
135 Working funds 33 58
136 Temporary cash investments (Schedule IV) - -
141 Notes receivable - -
143 Accounts receivable 3 102 1 270
144 Accumulated provision for uncollectible
accounts - -
146 Accounts receivable from associate
companies (Schedule V) 44 369 49 863
152 Fuel stock expenses undistributed (Schedule VI) - -
154 Materials and supplies - -
163 Stores expense undistributed (Schedule VII) - -
165 Prepayments 43 352
174 Miscellaneous current and accrued
assets (Schedule VIII) - -
Total Current and Accrued Assets 48 017 51 938
DEFERRED DEBITS
181 Unamortized debt expense - -
184 Clearing accounts 411 89
186 Miscellaneous deferred debits (Schedule IX) 477 755
188 Research, development, or demonstration
expenditures (Schedule X) - -
190 Accumulated deferred income taxes 23 827 25 187
Total Deferred Debits 24 715 26 031
TOTAL ASSETS AND OTHER DEBITS $73 176 $78 276
<PAGE>
5
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
SCHEDULE I - COMPARATIVE BALANCE SHEET
ACCOUNT LIABILITIES AND PROPRIETARY CAPITAL AS OF DECEMBER 31
CURRENT PRIOR
PROPRIETARY CAPITAL
201 Common stock issued (Schedule XI) $ 50 $ 50
211 Miscellaneous paid-in-capital (Schedule XI) - -
215 Appropriated retained earnings (Schedule XI) - -
216 Unappropriated retained earnings (Schedule XI) - -
Total Proprietary Capital 50 50
LONG-TERM DEBT
223 Advances from associate companies (Schedule XII) - -
224 Other long-term debt (Schedule XII) - -
225 Unamortized premium on long-term debt - -
226 Unamortized discount on long-term debt-debit - -
Total Long-term Debt - -
CURRENT AND ACCRUED LIABILITIES
231 Notes payable - -
232 Accounts payable 35 476 30 892
233 Notes payable to associate
companies (Schedule XIII) - -
234 Accounts payable to associate
companies (Schedule XIII) 738 836
236 Taxes accrued 781 1 605
237 Interest accrued 74 2
238 Dividends declared - -
241 Tax collections payable 263 1 201
242 Miscellaneous current and accrued
liabilities (Schedule XIII) 27 637 18 890
Total Current and Accrued Liabilities 64 969 53 426
DEFERRED CREDITS
253 Other deferred credits 7 447 24 204
255 Accumulated deferred investment tax credits - -
Total Deferred Credits 7 447 24 204
282 ACCUMULATED DEFERRED INCOME TAXES 710 596
TOTAL LIABILITIES AND PROPRIETARY
CAPITAL $73 176 $78 276
<PAGE>
6
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
SCHEDULE II - SERVICE COMPANY PROPERTY
<CAPTION>
BALANCE AT RETIREMENTS OTHER BALANCE AT
BEGINNING ADDITIONS OR CHANGES 1/ CLOSE OF
DESCRIPTION OF YEAR SALES YEAR
SERVICE COMPANY PROPERTY
Account
<S> <C> <C> <C> <C> <C>
301 ORGANIZATION $ 37 $ - $ - $ - $ 37
303 MISCELLANEOUS
INTANGIBLE PLANT
304 LAND AND LAND RIGHT
305 STRUCTURES AND
IMPROVEMENTS
306 LEASEHOLD
IMPROVEMENTS
307 EQUIPMENT 2/ - 1 - - 1
308 OFFICE FURNITURE
AND EQUIPMENT
309 AUTOMOBILES, OTHER
VEHICLES AND
RELATED GARAGE
EQUIPMENT
310 AIRCRAFT AND
AIRPORT EQUIPMENT
311 OTHER SERVICE
COMPANY PROPERTY 3/
SUB-TOTAL 37 1 - - 38
107 CONSTRUCTION WORK
IN PROGRESS 4/
TOTAL $ 37 $ 1 $ - $ - $ 38
1/ PROVIDE AN EXPLANATION OF THOSE CHANGES CONSIDERED MATERIAL:
<PAGE>
7
SCHEDULE II - CONTINUED
2/ SUBACCOUNTS ARE REQUIRED FOR EACH CLASS OF EQUIPMENT OWNED. THE SERVICE
COMPANY SHALL PROVIDE A LISTING BY SUBACCOUNT OF EQUIPMENT ADDITIONS DURING
THE YEAR AND THE BALANCE AT THE CLOSE OF THE YEAR:
<CAPTION>
BALANCE AT
SUBACCOUNT DESCRIPTION ADDITIONS CLOSE OF
YEAR
<S> <C> <C>
307.1 - Automated Data Processing 1 1
TOTAL $ 1 $ 1
3/ DESCRIBE OTHER SERVICE COMPANY PROPERTY:
N/A
4/ DESCRIBE CONSTRUCTION WORK IN PROGRESS:
N/A
<PAGE>
8
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
SCHEDULE III
ACCUMULATED PROVISION FOR DEPRECIATION AND
AMORTIZATION OF SERVICE COMPANY PROPERTY
<CAPTION>
BALANCE AT ADDITIONS BALANCE
BEGINNING CHARGED OTHER CHANGES CLOSE OF
DESCRIPTION OF YEAR TO RETIREMENTS ADD (DEDUCT)1/ YEAR
ACCOUNT 403
Account
<S> <C> <C> <C> <C> <C>
301 ORGANIZATION
303 MISCELLANEOUS
INTANGIBLE PLANT
304 LAND AND LAND RIGHTS
305 STRUCTURES AND
IMPROVEMENTS
306 LEASEHOLD
IMPROVEMENTS
307 EQUIPMENT
308 OFFICE FURNITURE
AND FIXTURES
309 AUTOMOBILES, OTHER
VEHICLES AND
RELATED GARAGE
EQUIPMENT
310 AIRCRAFT AND
AIRPORT EQUIPMENT
311 OTHER SERVICE
COMPANY PROPERTY
1/ PROVIDE AN EXPLANATION OF THOSE CHANGES CONSIDERED MATERIAL:
N/A
<PAGE>
9
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
SCHEDULE IV - INVESTMENTS
INSTRUCTIONS: Complete the following schedule concerning investments.
Under Account 124, "Other Investments", state each investment
separately, with description, including, the name of issuing
company, number of shares or principal amount, etc.
Under Account 136, "Temporary Cash Investments", list each
investment separately.
<CAPTION>
BALANCE AT BALANCE AT
D E S C R I P T I O N BEGINNING CLOSE OF
OF YEAR YEAR
<S> <C> <C>
ACCOUNT 123 - INVESTMENT IN ASSOCIATE COMPANIES
NONE
ACCOUNT 124 - OTHER INVESTMENTS
CO. OWNED LIFE INSURANCE - $ 270 $ 303
CASH SURRENDER VALUE
RABBI TRUST - 103
ACCOUNT 136 - TEMPORARY CASH INVESTMENTS
NONE
TOTAL $ 270 $ 406
<PAGE>
10
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
SCHEDULE V - ACCOUNTS RECEIVABLE FROM ASSOCIATE COMPANIES
INSTRUCTIONS: Complete the following schedule listing accounts receivable
from each associate company. Where the service company has
provided accommodation or convenience payments for associate
companies, a separate listing of total payments for each
associate company by subaccount should be provided.
<CAPTION>
BALANCE AT BALANCE AT
D E S C R I P T I O N BEGINNING CLOSE OF
OF YEAR YEAR
<S> <C> <C>
ACCOUNT 146 - ACCOUNTS RECEIVABLE FROM ASSOCIATE
COMPANIES
METROPOLITAN EDISON COMPANY $ 13 522 $ 9 247
PENNSYLVANIA ELECTRIC COMPANY 6 928 4 877
JERSEY CENTRAL POWER & LIGHT COMPANY 29 413 30 245
TOTAL $49 863 $ 44 369
ANALYSIS OF CONVENIENCE OR ACCOMMODATION PAYMENTS: TOTAL
PAYMENTS
NONE
TOTAL PAYMENTS -
<PAGE>
11
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
SCHEDULE VI - FUEL STOCK EXPENSES UNDISTRIBUTED
INSTRUCTIONS: Report the amount of labor and expenses incurred with respect
to fuel stock expenses during the year and indicate amount
attributable to each associate company. Under the section
headed "Summary" listed below give an overall report of the
fuel functions performed by the service company.
<CAPTION>
D E S C R I P T I O N LABOR EXPENSES TOTAL
<S> <C> <C> <C>
ACCOUNT 152 - FUEL STOCK EXPENSES UNDISTRIBUTED
NONE
TOTAL - - -
SUMMARY:
<PAGE>
12
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
SCHEDULE VII - STORES EXPENSE UNDISTRIBUTED
INSTRUCTIONS: Report the amount of labor and expenses incurred with respect
to stores expense during the year and indicate amount
attributable to each associate company.
<CAPTION>
D E S C R I P T I O N LABOR EXPENSES TOTAL
<S> <C> <C> <C>
ACCOUNT 163 - STORES EXPENSE UNDISTRIBUTED $ 5 718 $ 2 133 $ 7 851
JERSEY CENTRAL POWER & LIGHT CO. (3 455) (1 194) (4 649)
METROPOLITAN EDISON CO. (1 509) ( 626) (2 135)
PENNSYLVANIA ELECTRIC CO. ( 754) ( 313) (1 067)
NOTE: Stores expenses are billed back to the
associated companies in the month incurred.
TOTAL $ - $ - $ -
<PAGE>
13
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
SCHEDULE VIII
MISCELLANEOUS CURRENT AND ACCRUED ASSETS
INSTRUCTIONS: Provide detail of items in this account. Items less than
$10,000 may be grouped, showing the number of items in each
group.
<CAPTION>
BALANCE AT BALANCE AT
D E S C R I P T I O N BEGINNING CLOSE OF
OF YEAR YEAR
<S> <C> <C>
ACCOUNT 174 - MISCELLANEOUS CURRENT AND ACCRUED
ASSETS
NONE
TOTAL - -
<PAGE>
14
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
SCHEDULE IX - MISCELLANEOUS DEFERRED DEBITS
INSTRUCTIONS: Provide detail of items in this account. Items less than
$10,000 may be grouped by class showing the number of items in
each class.
<CAPTION>
BALANCE AT BALANCE AT
D E S C R I P T I O N BEGINNING CLOSE OF
OF YEAR YEAR
<S> <C> <C>
ACCOUNT 186 - MISCELLANEOUS DEFERRED DEBITS
Payments made to vendors which
will be distributed to various
expense accounts in subsequent
months $ 355 $ 91
Restricted Stock Program - Deferral 395 361
Babcock & Wilcox Owners' Group -
Deferred Costs 5 15
Provide Services to Public Service
of Colorado in connection with
Ft. St. Vrain - Deferred Costs 0 10
TOTAL $ 755 $ 477
<PAGE>
15
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
SCHEDULE X
RESEARCH, DEVELOPMENT OR DEMONSTRATION EXPENDITURES
INSTRUCTIONS: Provide a description of each material research, development,
or demonstration project which incurred costs by the service
corporation during the year.
<CAPTION>
D E S C R I P T I O N AMOUNT
<S> <C>
ACCOUNT 188-RESEARCH, DEVELOPMENT, OR DEMONSTRATION
EXPENDITURES
ALWR Program Support $ 388
B&W Owners Group Activities 359
BWR Owners Group Activities 313
EPRI R&D Program 149
Neutron Fluence Determination 69
Seismic Qual. Equipment 64
Hydrogen Water Chemistry (OCNGS) 28
Reactor Vessel Annealing Project 28
EPRI - Steam Gen. Reliability Program 13
PSU Fuel Management 7
Jersey Central Power & Light Company (1 040)
Metropolitan Edison Company ( 252)
Pennsylvania Electric Company ( 126)
NOTE: Research and development expenses are
billed back to the associate companies
in the month incurred.
TOTAL $ -
<PAGE>
16
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
SCHEDULE XI - PROPRIETARY CAPITAL
<CAPTION>
NUMBER OF PAR OR STATED
ACCOUNT NUMBER CLASS OF STOCK SHARES VALUE OUTSTANDING CLOSE OF PERIOD
AUTHORIZED PER SHARE NO. OF SHARES TOTAL AMOUNT
<S> <C> <C> <C> <C> <C>
201 COMMON STOCK ISSUED 2,500 $20* 2,500 $50
INSTRUCTIONS: Classify amounts in each account with brief explanation, disclosing the general nature of
transactions which gave rise to the reported amounts.
<CAPTION>
D E S C R I P T I O N AMOUNT
<S> <C>
ACCOUNT 211 - MISCELLANEOUS PAID-IN CAPITAL NONE
ACCOUNT 215 - APPROPRIATED RETAINED EARNINGS NONE
TOTAL -
INSTRUCTIONS: Give particulars concerning net income or (loss) during the year, distinguishing between
compensation for the use of capital owed or net loss remaining from servicing nonassociates per
the General Instructions of the Uniform System of Accounts. For dividends paid during the year
in cash or otherwise, provide rate percentage, amount of dividend, date declared and date paid.
<CAPTION>
BALANCE AT NET INCOME BALANCE AT
D E S C R I P T I O N BEGINNING OR DIVIDENDS CLOSE OF
OF YEAR (LOSS) PAID YEAR
<S> <C> <C> <C> <C>
ACCOUNT 216 - UNAPPROPRIATED RETAINED EARNINGS
NONE
TOTAL - -
* In Whole Dollars<PAGE>
17
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
SCHEDULE XII- LONG-TERM DEBT
INSTRUCTIONS: Advances from associate companies should be reported separately for advances on notes, and advances on
open account. Names of associate companies from which advances were received shall be shown under the
class and series of obligation column. For Account 224 - Other long term debt provide the name of
creditor company or organization, terms of the obligation, date of maturity, interest rate, and the
amount authorized and outstanding.
<CAPTION>
TERMS OF OBLIG DATE BALANCE AT BALANCE AT
NAME OF CREDITOR CLASS & SERIES OF INTEREST AMOUNT BEGINNING 1/ CLOSE
OF OBLIGATION MATURITY RATE AUTHORIZED OF YEAR ADDITIONS DEDUCTIONS OF YEAR
<S> <C> <C> <C> <C> <C> <C> <C> <C>
ACCOUNT 223 - ADVANCES FROM ASSOCIATE
COMPANIES:
NONE
ACCOUNT 224 - OTHER LONG-TERM DEBT:
NONE
TOTAL - -
1/ GIVE AN EXPLANATION OF DEDUCTIONS:
<PAGE>
18
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
SCHEDULE XIII - CURRENT AND ACCRUED LIABILITIES
INSTRUCTIONS: Provide balance of notes and accounts payable to each
associate company. Give description and amount of
miscellaneous current and accrued liabilities. Items less
than $10,000 may be grouped, showing the number of items in
each group.
<CAPTION>
BALANCE AT BALANCE AT
D E S C R I P T I O N BEGINNING CLOSE OF
OF YEAR YEAR
<S> <C> <C>
ACCOUNT 233 - NOTES PAYABLE TO ASSOCIATE COMPANIES
NONE
TOTAL - -
ACCOUNT 234 - ACCOUNTS PAYABLE TO ASSOCIATE
COMPANIES
GPU SERVICE CORPORATION $ 835 $ 737
GPU CORPORATION 1 1
TOTAL $ 836 $ 738
ACCOUNT 242 - MISCELLANEOUS CURRENT AND ACCRUED
LIABILITIES
ACCRUALS - OFFICERS DEFERRED COMPENSATION $ 1 272 $ 1 657
- INSURANCE 908 1 817
- VACATION PAY 10 857 11 137
- SICK PAY 1 416 943
- BONUS PAY/INCENTIVE COMPENSATION 4 217 12 082
- SEVERANCE PAY 219 -
- OTHER ACCRUED LIABILITIES 1 1
TOTAL $18 890 $27 637
<PAGE>
19
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
SCHEDULE XIV
NOTES TO FINANCIAL STATEMENTS
INSTRUCTIONS: The space below is provided for important notes regarding the
financial statements or any account thereof. Furnish
particulars as to any significant contingent assets or
liabilities existing at the end of the year. Notes relating to
financial statements shown elsewhere in this report may be
indicated here by reference.
NONE
<PAGE>
20
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
SCHEDULE XV
STATEMENT OF INCOME
<CAPTION>
ACCOUNT D E S C R I P T I O N CURRENT YEAR PRIOR YEAR
INCOME
<S> <C> <C>
457 Services rendered to associate companies $383 077 $444 355
458 Services rendered to nonassociate
companies 935 95
421 Miscellaneous income or loss 22 242
Total Income 384 034 444 692
EXPENSE
920 Salaries and wages 123 825 126 861
921 Office supplies and expenses 93 334 97 626
922 Administrative expense transferred -
credit 2 395 2 384
923 Outside services employed 102 061 128 239
924 Property insurance 67 63
925 Injuries and damages 1 615 1 417
926 Employee pensions and benefits 35 202 57 251
928 Regulatory commission expense - -
930.1 General advertising expenses - -
930.2 Miscellaneous general expenses 7 073 10 444
931 Rents 7 194 9 229
932 Maintenance of structures and equipment - -
403 Depreciation and amortization expense - -
408 Taxes other than income taxes 9 064 10 198
409 Income taxes (387) 6 437
410 Provision for deferred income taxes 10 598 13 276
411 Provision for deferred income taxes -
credit (9 125) (19 567)
411.5 Investment tax credit - -
426.1 Donations 200 162
426.5 Other deductions 726 468
427 Interest on long-term debt - -
430 Interest on debt to associate
companies - -
431 Other interest expense 192 204
Total Expense 384 034 444 692
Net Income or (Loss) $ - $ -
<PAGE>
21
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
ANALYSIS OF BILLING
ASSOCIATE COMPANIES
ACCOUNT 457
<CAPTION>
DIRECT INDIRECT COMPENSATION TOTAL
COSTS COSTS FOR USE AMOUNT
NAME OF ASSOCIATE COMPANY CHARGED CHARGED OF CAPITAL BILLED
457-1 457-2 457-3
NUCLEAR RELATED ACTIVITIES
<S> <C> <C> <C> <C>
GPU SERVICE CORPORATION $ 326 $ - $ 326
JERSEY CENTRAL POWER
& LIGHT COMPANY 175 043 31 354 206 397
METROPOLITAN EDISON COMPANY 102 085 12 188 114 273
PENNSYLVANIA ELECTRIC COMPANY 51 713 6 158 57 871
SAXTON NUCLEAR EXP. CORP. 1 590 150 1 740
SUBTOTAL 330 757 49 850 380 607
NON-NUCLEAR RELATED ACTIVITIES
JERSEY CENTRAL POWER
& LIGHT COMPANY 308 74 382
METROPOLITAN EDISON COMPANY 356 85 441
PENNSYLVANIA ELECTRIC COMPANY 1 325 322 1 647
SUBTOTAL 1 989 481 2 470
TOTAL $332 746 $50 331 - $383 077
<PAGE>
22
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
ANALYSIS OF BILLING
NONASSOCIATE COMPANIES
ACCOUNT 458
<CAPTION>
DIRECT INDIRECT COMPENSATION EXCESS
COSTS COSTS FOR USE TOTAL OR TOTAL
NAME OF NONASSOCIATE COMPANY CHARGED CHARGED OF CAPITAL COST DEFICIENCY AMOUNT
458-1 458-2 458-3 458-4 BILLED
<S> <C> <C> <C> <C> <C> <C>
* Dresden Nuclear Station $223 $15 - $238 $ 83 $321
* BWR Owners Group 153 10 - 163 (43) 120
* Babcock & Wilcox Owners Group 113 7 - 120 (10) 110
* General Physics 23 2 - 25 30 55
* TVA 33 5 - 38 5 43
* Philadelphia Electric Company 33 2 - 35 6 41
* Babcock & Wilcox 19 - - 19 18 37
* Boston Edison 6 1 - 7 14 21
* Sandia Laboratories (Rocky Flats) 4 - - 4 13 17
* Fluence Workshop (Pennsylvania
State University) 18 - - 18 (3) 15
* Fort St. Vrain Project 22 1 - 23 (10) 13
* Detroit Edison 6 - - 6 4 10
* Susquehanna Plant (PP&L) 7 - - 7 2 9
* Gilbert Commonwealth (Naval
Facility) (AFCB Canada)
(Gen. Security Dev.)(Entergy) 21 1 - 22 (10) 12
* New York Power Authority 7 1 - 8 1 9
* Consolidated Edison 8 - - 8 - 8
* PJM (KT Training) 1 - - 1 6 7
* Sean Delaney 11 1 - 12 (7) 5
* Public Service Electric & Gas 1 - - 1 3 4
* NJ Natural Gas 2 - - 2 1 3
<PAGE>
22A
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
ANALYSIS OF BILLING
NONASSOCIATE COMPANIES
ACCOUNT 458
<CAPTION>
DIRECT INDIRECT COMPENSATION EXCESS
COSTS COSTS FOR USE TOTAL OR TOTAL
NAME OF NONASSOCIATE COMPANY CHARGED CHARGED OF CAPITAL COST DEFICIENCY AMOUNT
458-1 458-2 458-3 458-4 BILLED
<S> <C> <C> <C> <C> <C> <C>
* Duke Power 2 - - 2 1 3
* Finetech 8 - - 8 (6) 2
* G. Cotter Enterprises 1 - - 1 - 1
* Harrisburg Area Community College 1 - - 1 - 1
* Florida Power 1 - - 1 (1) -
* Lower Swatara - - - - 1 1
* Tulli Advertiaing 1 - - 1 - 1
* Various-Including Health Newsletter &
Chem/Mat Lab. 8 1 - 9 57 66
$733 $ 47 - $780 $155 $935
INSTRUCTION: Provide a brief description of the services rendered to each nonassociated company:
* See Description of project on page 39<PAGE>
23
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
SCHEDULE XVI
ANALYSIS OF CHARGES FOR SERVICE
ASSOCIATE AND NONASSOCIATE COMPANIES
<CAPTION>
ASSOCIATE COMPANY CHARGES NONASSOCIATE COMPANY CHARGES TOTAL CHARGES FOR SERVICE
DIRECT INDIRECT DIRECT INDIRECT DIRECT INDIRECT
DESCRIPTION OF ITEMS COST COST TOTAL COST COST TOTAL COST COST TOTAL
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
920 SALARIES AND WAGES $104 961 $18 326 $123 287 $345 $193 $538 $105 306 $18 519 $123 825
921 OFFICE SUPPLIES AND EXPENSES 86 929 6 285 93 214 122 (2) 120 87 051 6 283 93 334
922 ADMINISTRATIVE EXPENSE TRANSFERRED-
CREDIT 1 382 1 013 2 395 - 1 382 1 013 2 395
923 OUTSIDE SERVICES EMPLOYED 82 691 19 300 101 991 70 70 82 761 19 300 102 061
924 PROPERTY INSURANCE 1 66 67 - 1 66 67
925 INJURIES AND DAMAGES 1 472 143 1 615 - 1 472 143 1 615
926 EMPLOYEE PENSIONS AND BENEFITS 32 591 2 611 35 202 - 32 591 2 611 35 202
928 REGULATORY COMMISSION EXPENSE - - - - - - -
930.1 GENERAL ADVERTISING EXPENSES - - - - - - -
930.2 MISCELLANEOUS GENERAL EXPENSES 7 020 1 7 021 - 52 52 7 020 53 7 073
931 RENTS 7 046 148 7 194 - 7 046 148 7 194
932 MAINTENANCE OF STRUCTURES AND
EQUIPMENT - - - - - -
403 DEPRECIATION AND AMORTIZATION
EXPENSE - - - - - -
408 TAXES OTHER THAN INCOME TAXES 8 136 928 9 064 - 8 136 928 9 064
409 INCOME TAXES - (387) (387) - - (387) (387)
410 PROVISION FOR DEFERRED INCOME TAXES - 10 598 10 598 - - 10 598 10 598
411 PROVISION FOR DEFERRED INCOME TAXES
- CREDIT - (9 125) (9 125) - - (9 125) (9 125)
411.5 INVESTMENT TAX CREDIT - - - - - - -
426.1 DONATIONS 199 1 200 - 199 1 200
426.5 OTHER DEDUCTIONS 726 - 726 - 726 - 726
427 INTEREST ON LONG-TERM DEBT - - - - - - -
430 INTEREST ON DEBT TO ASSOCIATE
COMPANIES - - - - - - -
431 OTHER INTEREST EXPENSE (12) 204 192 - (12) 204 192
INSTRUCTION: Total cost of service will equal
for associate and nonassociate
companies the total amount billed
under their separate analysis of
billing schedules.
TOTAL EXPENSES = 333 142 50 112 383 254 537 243 780 333 679 50 355 384 034
COMPENSATION FOR USE OF EQUITY CAPITAL =
430 INTEREST ON DEBT TO ASSOCIATE
COMPANIES =
TOTAL COST OF SERVICE = $333 142 $ 50 112 $383 254 $537 $243 $780 $333 679 $50 355 $384 034
<PAGE>
24
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
SCHEDULE XVII
SCHEDULE OF EXPENSE DISTRIBUTION
BY
DEPARTMENT OR SERVICE FUNCTION
D E P A R T M E N T OR S E R V I C E F U N C T I O N
<CAPTION>
TOTAL OFFICE OF OYSTER THREE MILE
D E S C R I P T I O N O F I T E M S AMOUNT OVERHEAD PRESIDENT CREEK ISLAND
<S> <C> <C> <C> <C> <C>
920 SALARIES AND WAGES $123 825 $18 519 $ 1 842 $24 202 $24 441
921 OFFICE SUPPLIES AND EXPENSES 93 334 6 283 146 7 143 10 872
922 ADMINISTRATIVE EXPENSE TRANSFERRED -
CREDIT 2 395 1 013 (15) (35) 37
923 OUTSIDE SERVICES EMPLOYED 102 061 19 300 576 3 242 21 007
924 PROPERTY INSURANCE 67 66 - - -
925 INJURIES AND DAMAGES 1 615 143 43 346 351
926 EMPLOYEE PENSIONS AND BENEFITS 35 202 2 611 1 034 7 539 7 657
928 REGULATORY COMMISSION EXPENSE - - - - -
930.1 GENERAL ADVERTISING EXPENSE - - - - -
930.2 MISCELLANEOUS GENERAL EXPENSES 7 073 53 1 395 21 45
931 RENTS 7 194 148 - 292 548
932 MAINTENANCE OF STRUCTURES AND
EQUIPMENT - - - - -
403 DEPRECIATION AND AMORTIZATION
EXPENSE - - - - -
408 TAXES OTHER THAN INCOME TAXES 9 064 928 241 1 954 1 983
409 INCOME TAXES (387) (387) - - -
410 PROVISION FOR DEFERRED INCOME TAXES 10 598 10 598 - - -
411 PROVISION FOR DEFERRED INCOME TAXES
- CREDIT (9 125) (9 125) - - -
411.5 INVESTMENT TAX CREDIT - - - - -
426.1 DONATIONS 200 1 - 14 (1)
426.5 OTHER DEDUCTIONS 726 - - 100 -
427 INTEREST ON LONG-TERM DEBT - - - - -
430 INTEREST ON DEBT TO ASSOCIATE
COMPANIES - - - - -
431 OTHER INTEREST EXPENSE 192 204 - - -
INSTRUCTION: Indicate each department or
service function. (See Instruc-
tion 01-3 General Structure of
Accounting System: Uniform
System Account)
TOTAL EXPENSES = $384 034 $50 355 $ 5 262 $44 818 $66 940
<PAGE>
25
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
SCHEDULE XVII
SCHEDULE OF EXPENSE DISTRIBUTION
BY
DEPARTMENT OR SERVICE FUNCTION
D E P A R T M E N T OR S E R V I C E F U N C T I O N
<CAPTION>
ACCOUNT TECHNICAL NUCLEAR COMMUN- ADMIN & CORPORATE SECRETARY
NUMBER FUNCTIONS SERVICES CATIONS FINANCE & COUNSEL
<S> <C> <C> <C> <C> <C>
920 $ 21 937 $17 480 $1 074 $ 5 448 $ 8 882
921 34 617 3 151 588 27 990 2 544
922 1 420 - - 26 (51)
923 49 943 4 225 193 423 3 152
924 - 1 - - -
925 330 283 15 8 96
926 7 321 6 158 358 (254) 2 778
928 - - - - -
930.1 - - - - -
930.2 300 1 563 6 113 3 577
931 (19) 73 - 4 699 1 453
932 - - - - -
403 - - - - -
408 2 117 1 525 86 (313) 543
409 - - - - -
410 - - - - -
411 - - - - -
411.5 - - - - -
426.1 14 - 158 14 -
426.5 1 - 223 402 -
427 - - - - -
430 - - - - -
431 - - - (12) -
TOTAL $117 981 $34 459 $2 701 $38 544 $22 974 <PAGE>
26
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
DEPARTMENTAL ANALYSIS OF SALARIES
ACCOUNT 920
<CAPTION>
DEPARTMENTAL SALARY EXPENSE NUMBER
NAME OF DEPARTMENT INCLUDED IN AMOUNTS BILLED TO PERSONNEL
Indicate each department TOTAL PARENT OTHER NON END OF
or service function. AMOUNT COMPANY ASSOCIATES ASSOCIATES YEAR
<S> <C> <C> <C> <C> <C>
Office of the President $ 4 505 $ 4 420 $ 85 64
Oyster Creek 24 350 24 348 2 435
Three Mile Island 24 489 24 489 457
Technical Functions 23 346 23 070 276 386
Nuclear Services 20 226 20 049 177 368
Communications 1 358 1 360 (2) 29
Administration & Finance 15 551 15 551 124
Corporate Counsel & Secretary 10 000 10 000 197
TOTAL $123 825 $123 287 $ 538 2 060
<PAGE>
27
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
INSTRUCTIONS: Provide a breakdown by subaccount of outside services employed. If
the aggregate amounts paid to any one payee and included within one
subaccount is less than $25,000, only the aggregate number and amount
of all such payments included within the subaccount need be shown.
Provide a subtotal for each type of service.
<CAPTION>
RELATIONSHIP
"A"=ASSOCIATE
FROM WHOM PURCHASED ADDRESS "NA"- NON AMOUNT
ASSOCIATE
Auditing
<C> <C> <C> <C>
Coopers & Lybrand New York, NY 10020 NA $ 29
Subtotal 29
Legal
Abdallah & Muckelroy Trenton, NJ 08618 NA 45
Apruzzese, Mcdermott, Springfield, NJ 07081 NA 26
Mastro & Murphy
Berlack, Israels & Liberman New York, NY 10036 NA 147
King & Spalding Atlanta, GA 30303 NA 209
Levin & Hluchan, P.C. Voorhees, NJ 08043 NA 89
McCarter & English Newark, NJ 0712-4096 NA 100
Shaw, Pittman, Potts Washington, DC 20036 NA 188
& Trowbridge
Stevens & Lee Reading, PA 19603-0679 NA 48
Winston & Strawn Washington, DC 20005-3502 NA 39
11 Firms (Less than $25,000) NA 32
Subtotal 923
<PAGE>
27A
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
INSTRUCTIONS: Provide a breakdown by subaccount of outside services employed. If
the aggregate amounts paid to any one payee and included within one
subaccount is less than $25,000, only the aggregate number and amount
of all such paymentsincluded within the subaccount need be shown.
Provide a subtotal for each type of service.
RELATIONSHIP
"A"=ASSOCIATE
FROM WHOM PURCHASED ADDRESS "NA"- NON AMOUNT
ASSOCIATE
Engineering
Babcock & Wilcox Company Philadelphia, PA 19102 NA $ 146
Burns and Roe, Inc. Oradell, NJ 07649 NA 71
EQE Engineering Consultants Oradell, NJ 07649 NA 207
Gamma-Metrics San Diego, CA 92121 NA 63
Gilbert/Commonwealth, Inc. Philadelphia, PA 19101 NA 1 045
H. L. Yoh Co. Florham Park, NJ 07932 NA 46
Hopper & Associates Redondo Beach, CA 90277 NA 29
John Butler Davis Associates Barnegat, NJ 08805 NA 102
Les Engineering Services, Inc. Pasadena, MD 21122 NA 138
McKeon-Grano Associates Hackensack, NJ 07601 NA 106
MPR Associates, Inc. Washington, D.C. 20036 NA 53
R. P. Stagg & Co. Madisonville, LA 70447 NA 38
Raytheon Engineers & New York, NY 10048 NA 51
Constructors Ebasco Division
<PAGE>
27B
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
INSTRUCTIONS: Provide a breakdown by subaccount of outside services employed. If
the aggregate amounts paid to any one payee and included within one
subaccount is less than $25,000, only the aggregate number and amount
of all such payments included within the subaccount need be shown.
Provide a subtotal for each type of service.
RELATIONSHIP
"A"=ASSOCIATE
FROM WHOM PURCHASED ADDRESS "NA"- NON AMOUNT
ASSOCIATE
Engineering (Continued)
SMS Engineering Services Freehold, NJ 07728 NA $ 260
TLG Engineering Bridgewater, CT 06752 NA 33
TLG Services, Inc. Bridgewater, CT 06752 NA 387
Tower Performance, Inc. Fairfield, NJ 07006 NA 75
TTI Engineering Norwood, MA 02062 NA 135
Vectra Technologies, Inc. Federal Way, WV 98003 NA 1 333
20 Others (Under $25,000) NA 145
Subtotal 4 463
<PAGE>
27C
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
INSTRUCTIONS: Provide a breakdown by subaccount of outside services employed. If
the aggregate amounts paid to any one payee and included within one
subaccount is less than $25,000, only the aggregate number and amount
of all such payments included within the subaccount need be shown.
Provide a subtotal for each type of service.
RELATIONSHIP
"A"=ASSOCIATE
FROM WHOM PURCHASED ADDRESS "NA"- NON AMOUNT
ASSOCIATE
Other Professional/Outside Services
ABB Combustion Engineering Valley Forge, PA 19482 0854 NA $ 50
Abel Personnel Agency Harrisburg, PA 17111 NA 91
American Crane Douglasville, PA 19518 NA 847
& Equipment Corp.
American Ecology Recycle Oak Ridge, TN 37830-7033 NA 29
Center, Inc.
American Electronics Labs Somerset, NJ 08873 NA 48
Anchor/Darling Industries Philadelphia, PA 19101 NA 52
Applied Analysis Corp Shillington, PA 19607 0518 NA 51
ATTSI Seneca, SC 29679 NA 237
Babcock & Wilcox Charlotte, NC 28265 1513 NA 30
Technical Training
B&W Fuel Company New York, NY 10043 NA 8 356
B&W Nuclear Environmental Lynchburg, VA 24501 NA 166
Service, Inc.
B&W Nuclear Tech. Charlotte, SC 28275 NA 5 497
<PAGE>
27D
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
INSTRUCTIONS: Provide a breakdown by subaccount of outside services employed. If
the aggregate amounts paid to any one payee and included within one
subaccount is less than $25,000, only the aggregate number and amount
of all such payments included within the subaccount need be shown.
Provide a subtotal for each type of service.
RELATIONSHIP
"A"=ASSOCIATE
FROM WHOM PURCHASED ADDRESS "NA"- NON AMOUNT
ASSOCIATE
Other Professional/Outside Services (Continued)
Bartlett Nuclear, Inc. Plymouth, MA 02360 NA $ 604
Beckman Instruments Pittsburgh, PA 15251-0150 NA 34
BKR Painting & Wallpaper Newton, NJ 07860 NA 47
Brady & Associates San Luis Obispo, CA 93406 NA 31
Brissenden, McFarland, Bridgewater, NJ 08807 NA 34
Fucella, & Reynolds, Inc
Brownstone Psychological Hershey, PA 17033 NA 36
BW/IP International, Inc. Long Beach, CA 90801 NA 41
Carolina Systems, Inc. Chapin, SC 29036 NA 42
Caruso & Martin Lanoka Harbor, NJ 08734 NA 35
Chem-Nuclear Systems, Inc Snelling, SC 29812 NA 488
Circadian Technologies, Inc Boston, MA 02215 NA 132
Coltec Industries, Inc. New York, NY 10022 NA 67
Computer Technical Services Nesconset, NY 11767 NA 67
Conti Enterprises South Plainfield, NJ 07080 NA 121
Control Temp. Inc. Fords, NJ 08863 NA 201
<PAGE>
27E
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
INSTRUCTIONS: Provide a breakdown by subaccount of outside services employed. If
the aggregate amounts paid to any one payee and included within one
subaccount is less than $25,000, only the aggregate number and amount
of all such payments included within the subaccount need be shown.
Provide a subtotal for each type of service.
RELATIONSHIP
"A"=ASSOCIATE
FROM WHOM PURCHASED ADDRESS "NA"- NON AMOUNT
ASSOCIATE
Other Professional/Outside Services (Continued)
CSR Construction Corp. Nutley, NJ 07110 NA $ 236
CTS Power Services, Inc Liverpool, NY 13090 NA 44
C. W. Allen Associates Bear, DE 19701 NA 131
Dave's Office Installations Morris Plains, NJ 07950 NA 85
Delta Scientific Corp Valencia, CA 91355 NA 187
Dickinson College Carlisle, PA 17013 NA 48
Dionex Corporation Marlton, NJ 08053 NA 32
Dresser Industries, Inc New York, NY 10249 NA 70
Edwin L. Heim Co Harrisburg, PA 17105 NA 35
Electric Power Research Palo Alto, CA 94303 NA 656
Institute
EMCO-Div of Interest, Inc Flanders, NJ 07836 9124 NA 43
Enertech Consultants Campbell, CA 95009 NA 39
Environmental Alternatives Westmoreland, NH 03467 NA 52
Inc.
Equifax Services, Inc. Atlanta, GA 30302 NA 35
<PAGE>
27F
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
INSTRUCTIONS: Provide a breakdown by subaccount of outside services employed. If
the aggregate amounts paid to any one payee and included within one
subaccount is less than $25,000, only the aggregate number and amount
of all such payments included within the subaccount need be shown.
Provide a subtotal for each type of service.
RELATIONSHIP
"A"=ASSOCIATE
FROM WHOM PURCHASED ADDRESS "NA"- NON AMOUNT
ASSOCIATE
Other Professional/Outside Services (Continued)
Family Medicine Center Highspire, PA 17034 1257 NA $ 33
of Highspire
Finetech, Inc. Bridgewater, NJ 08807 NA 46
G. L. Rogers Co. Chattanooga, TN 37045 NA 65
General Electric Company Schenectady, NY 12345 NA 3 979
Gerald H. Neils Plymouth, MN 55441 NA 26
GPU Service Corporation Parsippany, NJ 07054 A 18 964
Graver Services Chicago, IL 60673 NA 57
G. T. S. Duratek Columbia, MD 21046 NA 163
H. B. Alexander & Harrisburg, PA 17105 NA 161
Son, Inc.
H. E. Stone, Inc. San Jose, CA 95160 NA 53
Halliburton NUS Corporation Pittsburgh, PA 15220 NA 90
Herre Brothers, Inc. Harrisburg, PA 17105 NA 88
Holland Cost Scheduling Charlotte, NC 28208 NA 99
Hydroflo Corporation Plumsteadville, PA 18949 0427 NA 40
<PAGE>
27G
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
INSTRUCTIONS: Provide a breakdown by subaccount of outside services employed. If
the aggregate amounts paid to any one payee and included within one
subaccount is less than $25,000, only the aggregate number and amount
of all such payments included within the subaccount need be shown.
Provide a subtotal for each type of service.
RELATIONSHIP
"A"=ASSOCIATE
FROM WHOM PURCHASED ADDRESS "NA"- NON AMOUNT
ASSOCIATE
Other Professional/Outside Services (Continued)
Industrial Equipment Corp. Shillington, PA 19607 NA $ 25
Information Handling Services Philadelphia, PA 19178 NA 44
Ingersol-Dresser Pump Co. Charlotte, NC 28275 NA 75
Ingersoll-Rand Company Newark, NJ 07101 NA 45
Air Compressor Group
International Technology Corp Edison, NJ 08837 NA 38
Interstate Nuclear Services Roversford, PA 19468 NA 497
Jednota Printery Middletown, PA 17057 NA 48
Jersey Central Power & Morristown, NJ 07960 A 363
Light Co.
J. B. Contracting, Inc. Wharton, NJ 07885 NA 500
J. Disanti Contracting, Inc Howell, NJ 07731 NA 288
J. Givoo Consultants, Inc. Cherry Hill, NJ 08034 NA 219
John Butler Davis Assoc. Harrisburg, PA 17104 NA 43
John D. Arias, M.D. Toms River, NJ 08755 NA 36
Joule Temporaries Newark, NJ 07192 NA 61
Joyce Nilsson Orsini, PH.D. Goshen, NY 10924 NA 50
<PAGE>
27H
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
INSTRUCTIONS: Provide a breakdown by subaccount of outside services employed. If
the aggregate amounts paid to any one payee and included within one
subaccount is less than $25,000, only the aggregate number and amount
of all such payments included within the subaccount need be shown.
Provide a subtotal for each type of service.
RELATIONSHIP
"A"=ASSOCIATE
FROM WHOM PURCHASED ADDRESS "NA"- NON AMOUNT
ASSOCIATE
Other Professional/Outside Services (Continued)
Lancaster Host Resort Lancaster, PA 17602 NA $ 38
Lancaster Labs, Inc. Lancaster, PA 17601 NA 32
Larry M. Espenshade, MD Highspire, PA 17034 NA 45
Liberty Technologies, Inc Conshohocken, PA 19428-2208 NA 132
Mail Mart Emigsville, PA 17318 NA 26
Manpower International, Inc. Harrisburg, PA 17108 NA 35
Mark C. Bitting, Inc. New Cumberland, PA 17070-0013 NA 42
Mason & Hanger National, Inc Huntsville, AL 35824 NA 59
Master-Lee Energy Latrobe, PA 15650 NA 170
Services Corp.
McClure Company Harrisburg, PA 17105 1579 NA 51
Melillo & Bauer Associates Point Pleasant Beach, NJ 08742 NA 26
Metropolitan Edison Company Reading, PA 19605 A 566
Mid-Jersey Disposal, Inc. Neptune, NJ 07753 NA 77
MKW Power Power Systems, Inc. Rocky Mount, NC 27802-1928 NA 96
<PAGE>
27I
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
INSTRUCTIONS: Provide a breakdown by subaccount of outside services employed. If
the aggregate amounts paid to any one payee and included within one
subaccount is less than $25,000, only the aggregate number and amount
of all such payments included within the subaccount need be shown.
Provide a subtotal for each type of service.
RELATIONSHIP
"A"=ASSOCIATE
FROM WHOM PURCHASED ADDRESS "NA"- NON AMOUNT
ASSOCIATE
Other Professional/Outside Services (Continued)
MQS Inspection, Inc. Pittsburgh, PA 15205 NA $ 29
MREM, Limited Chevy Chase, MD 20815 NA 62
M. E. Sabosik Associates, Inc Point Pleasant, NJ 08742 NA 32
National Office Services, Inc Cleveland, OH 44111 NA 189
Novacom Reading, PA 19605 NA 38
NPS Energy Services, Inc. Harrisburg, PA 17111 NA 1 128
Ogden Environmental Fairfax, VA 32030 NA 133
Onspec Automation Solutions El Dorado Hills, CA 95762 NA 35
Oracle Corporation Redwood Shores, CA 94065 NA 51
Outage Control Consultants Elizabethtown, PA 17022 NA 97
Oyster Creek Fuel Corp New York, NY 10036 1532 NA 101
c/o US Trust Company
Pacific-Atlantic Technical San Diego, CA 92138 NA 47
Services
Panasonic Industrial Company Secaucus, NJ 07094 NA 36
Pennsylvania Electric Company Reading, PA 19605 A 95
Pennsylvania State University University Park, PA 16802 NA 97
<PAGE>
27J
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
INSTRUCTIONS: Provide a breakdown by subaccount of outside services employed. If
the aggregate amounts paid to any one payee and included within one
subaccount is less than $25,000, only the aggregate number and amount
of all such payments included within the subaccount need be shown.
Provide a subtotal for each type of service.
RELATIONSHIP
"A"=ASSOCIATE
FROM WHOM PURCHASED ADDRESS "NA"- NON AMOUNT
ASSOCIATE
Other Professional/Outside Services (Continued)
Performance Contracting, Inc Shawnee Mission, KS 66201 NA $ 55
Perkin-Elmer Corporation Newton Square, PA 19073 NA 40
Pinkerton Computer Trevose, PA 19053 NA 68
Consultants, Inc
Potomac Communications Group, Washington, DC 20006 NA 57
Inc.
Potomac Metal & Supply, Inc. Cumberland, MD 21502 NA 49
Powerfect Service, Inc. Livingston, NJ 07039 NA 43
Precision Surveillance Corp. East Chicago, IL 46312 NA 31
Project Controls, Inc. Monroeville, PA 15146 NA 77
R. Brooks Associates Ontario, NY 14519 NA 199
Randolph Services Dover, NJ 07801 NA 50
Raytheon Nuclear, Inc Denver, CO 80217 NA 12 172
Republic Environmental Bordentown, NJ 08505 NA 100
Systems
Resun Leasing, Inc Herndon, VA 22071 NA 85
<PAGE>
27K
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
INSTRUCTIONS: Provide a breakdown by subaccount of outside services employed. If
the aggregate amounts paid to any one payee and included within one
subaccount is less than $25,000, only the aggregate number and amount
of all such payments included within the subaccount need be shown.
Provide a subtotal for each type of service.
RELATIONSHIP
"A"=ASSOCIATE
FROM WHOM PURCHASED ADDRESS "NA"- NON AMOUNT
ASSOCIATE
Other Professional/Outside Services (Continued)
Rust Utility Services, Inc Niantic, CT 06357 NA $ 43
Schiff-Carvey, Inc Atlantic City, NJ 08401 NA 34
Scientific Ecology Oak Ridge, TN 37030 NA 333
Group, Inc.
Security Elevator Company King of Prussia, PA 19406 NA 30
Sequoyah Fuels Corp Oklahoma City, OK 73112 NA 3 517
Sheetz, Inc Altoona, PA 16602 NA 34
Siemens Energy & Automation, Central Valley, NY 10917 NA 33
Inc, c/o Trautmann Associates
Silicon Graphics Computer Parsippany, NJ 07054 NA 40
Steel FAB Enterprises Lancaster, PA 17603 NA 51
Structural Integrity Assoc. San Jose, CA 95118 NA 135
Synesis, Corporation Roswell, GA 30075 NA 75
S.M. Stoller Corporation New York, NY 10001 NA 28
Team Environmental Alvin, TX 77511 NA 39
Services, Inc
<PAGE>
27L
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
INSTRUCTIONS: Provide a breakdown by subaccount of outside services employed. If
the aggregate amounts paid to any one payee and included within one
subaccount is less than $25,000, only the aggregate number and amount
of all such payments included within the subaccount need be shown.
Provide a subtotal for each type of service.
RELATIONSHIP
"A"=ASSOCIATE
FROM WHOM PURCHASED ADDRESS "NA"- NON AMOUNT
ASSOCIATE
Other Professional/Outside Services (Continued)
Technology Support Harrisburg, PA 17112 NA $ 169
Services, Inc.
Teledyne Brown Engineering Westwood, NJ 07675-1235 NA 44
The Triangle Printing Co York, PA 17405 NA 57
The Virginia Corporation Richmond, VA 23233 NA 307
of Richmond
Thomas Company, Inc Atlantic City, NJ 08404 NA 25
Tim D. Martin & Assoc. Inc Herndon, VA 22070 NA 40
TMI-1 Fuel Corporation New York, NY 10171 NA 110
c/o Union Bank of Switzerland
Tri-State Motor Transit Co. Tulsa, OK 74182 NA 30
UE&C-Nuclear, Inc. Philadelphia, PA 19178 NA 384
U. S. Dept. of Energy Oak Ridge, TN 37830 NA 24 256
U.S. Nuclear Regulatory Washington, DC 20555 NA 3 066
Commission
Victoreen, Inc Cleveland, OH 44139 3395 NA 28
E. H. Wachs Company Wheeling, IL 60090 NA 44
<PAGE>
27M
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
OUTSIDE SERVICES EMPLOYED
ACCOUNT 923
INSTRUCTIONS: Provide a breakdown by subaccount of outside services employed. If
the aggregate amounts paid to any one payee and included within one
subaccount is less than $25,000, only the aggregate number and amount
of all such payments included within the subaccount need be shown.
Provide a subtotal for each type of service.
RELATIONSHIP
"A"=ASSOCIATE
FROM WHOM PURCHASED ADDRESS "NA"- NON AMOUNT
ASSOCIATE
Other Professional/Outside Services (Continued)
Waste Management of Elizabeth, PA 17022 NA $ 77
Central Pennsylvania
Westinghouse Electric Corp Pittsburgh, PA 15220 NA 332
W.L. Sherman, Inc Somerville, NJ 08876 NA 215
Xerox Corporation Rochester, NY 14664 NA 141
Yis, Inc. York, PA 17402 NA 131
Zetec, Incorporated Issaquah, WA 98027 0140 NA 55
616 Vendors (Less than $25,000) NA 829
Subtotal 96 646
TOTAL $102 061
<PAGE>
28
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
EMPLOYEE PENSIONS AND BENEFITS
ACCOUNT 926
INSTRUCTIONS: Provide a listing of each pension plan and benefit program
provided by the service company. Such listing should be limited
to $25,000.
<CAPTION>
D E S C R I P T I O N AMOUNT
<S> <C>
HOSPITAL, SURGICAL, MEDICAL AND DENTAL INSURANCE $ 9 502
O.P.E.B. - HEALTH INSURANCE 7 232
VACATION ACCRUAL 7 131
PENSION PLAN 5 913
EMPLOYEE SAVINGS PLAN 3 426
O.P.E.B. - LIFE INSURANCE 819
CAFETERIA SUPPLEMENT 437
EDUCATIONAL REIMBURSEMENT 259
EMPLOYEE ASSOC. & ACTIVITIES 221
EMPLOYEE ASSISTANCE PROGRAM 120
GROUP LIFE INSURANCE 90
OTHER BENEFITS (Under $25,000) 52
TOTAL $35 202
<PAGE>
29
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
GENERAL ADVERTISING EXPENSES
ACCOUNT 930.1
INSTRUCTIONS: Provide a listing of the amount included in Account 930.1,
"General Advertising Expenses", classifying the items according
to the nature of the advertising and as defined in the account
definition. If a particular class includes an amount in excess
of $3,000 applicable to a single payee, show separately the name
of the payee and the aggregate amount applicable thereto.
<CAPTION>
D E S C R I P T I O N NAME OF PAYEE AMOUNT
<S> <C>
NONE
TOTAL -
<PAGE>
30
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
MISCELLANEOUS GENERAL EXPENSES
ACCOUNT 930.2
INSTRUCTIONS: Provide a listing of the amount included in Account 930.2,
"Miscellaneous General Expenses", classifying such expenses
according to their nature. Payments and expenses permitted by
Section 321 (b) (2) of the Federal Election Campaign Act, as
amended by Public Law 94-283 in 1976 (2 U.S.C.S. 441 (b) (2)
shall be separately classified.
<CAPTION>
D E S C R I P T I O N AMOUNT
Licenses
<S> <C>
United States Nuclear Regulatory Commission $ 3 763
P.A. Emergency Management Agency 300
Other 810
Dues and Memberships 1 772
Regulatory Fees
Federal Emergency Management Agency 428
TOTAL $ 7 073
<PAGE>
31
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
RENTS
ACCOUNT 931
INSTRUCTIONS: Provide a listing of the amount included in Account 931,
"Rents", classifying such expenses by major groupings of
property, as defined in the account definition of the Uniform
System of Accounts.
<CAPTION>
T Y P E O F P R O P E R T Y AMOUNT
<S> <C>
BUILDINGS AND TRAILERS $ 3 429
DATA PROCESSING EQUIPMENT 1 955
DUPLICATING EQUIPMENT 774
OTHER EQUIPMENT 474
PERSONAL COMPUTERS 180
MOBILE EQUIPMENT 162
TRANSPORTATION EQUIPMENT 67
TELECOMMUNICATIONS SYSTEM 28
MAILING EQUIPMENT 17
MISCELLANEOUS 108
TOTAL $ 7 194
<PAGE>
32
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
TAXES OTHER THAN INCOME TAXES
ACCOUNT 408
INSTRUCTION: Provide an analysis of Account 408, "Taxes Other Than Income
Taxes". Separate the analysis into two groups: (1) other than
U.S. Government taxes, and (2) U.S. Government taxes. Specify
each of the various kinds of taxes and show the amounts thereof.
Provide a subtotal for each class of tax.
<CAPTION>
K I N D O F T A X AMOUNT
<S> <C>
(1) OTHER THAN U.S. GOVERNMENT TAXES
Pennsylvania Unemployment Insurance $ 177
New Jersey Unemployment Insurance 210
Sales and Use Tax (Pennsylvania) (355)
Other 219
Sub Total 251
(2) TAXES - U.S. GOVERNMENT
FICA 8 690
Federal Unemployment Insurance 123
Sub Total 8 813
TOTAL $ 9 064
</TABLE>
<PAGE>
33
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
DONATIONS
ACCOUNT 426.1
INSTRUCTION: Provide a listing of the amount included in Account 426.1,
"Donations", classifying such expenses by its purpose. The
aggregate number and amount of all items of less than $3,000 may
be shown in lieu of details.
NAME OF RECIPIENT PURPOSE OF DONATION AMOUNT
UNITED WAY - CAPITAL REGION COMMUNITY CHARITIES $ 17
UNITED WAY - OCEAN COUNTY COMMUNITY CHARITIES 15
CHAMBER SINGERS-HARRISBURG CULTURAL DEVELOPMENT 4
2 ORGANIZATION (LESS THAN $3,000) CULTURAL DEVELOPMENT 1
OYSTER CREEK DEFRIBILLATORS COMMUNITY SERVICES 6
69 ORGANIZATIONS (LESS THAN $3,000) COMMUNITY SERVICES 28
PENN STATE UNIVERSITY EDUCATION 12
CENTER FOR EXCELLENCE IN EDUCATION EDUCATION 5
35 ORGANIZATIONS ( LESS THAN $3,000) EDUCATION 28
HERSHEY MEDICAL CENTER EMERGENCY SERVICES 4
24 ORGANIZATIONS (LESS THAN $3,000) EMERGENCY SERVICES 25
MARCH OF DIMES HEALTH SERVICES/HOSPITALS 5
9 ORGANIZATIONS (LESS THAN $3,000) HEALTH SERVICES/HOSPITALS 4
VARIOUS ACTIVITIES OTHER 46
TOTAL $200
<PAGE>
34
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
OTHER DEDUCTIONS
ACCOUNT 426.5
INSTRUCTIONS: Provide a listing of the amount included in
Account 426.5, "Other Deductions",
classifying such expenses according to
their nature.
D E S C R I P T I O N NAME OF PAYEE AMOUNT
DISPUTE RESOLUTION VARIOUS EMPLOYEES 386
LOBBYING EXPENSE EMPLOYEE WAGES &
EXPENSES 256
OTHER CIVIC ACTIVITIES VARIOUS 44
PUBLIC OPINION SURVEY VARIOUS 40
TOTAL $ 726
<PAGE>
35
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
SCHEDULE XVIII
NOTES TO STATEMENT OF INCOME
INSTRUCTIONS: The space below is provided for important notes regarding the
statement of income or any account thereof. Furnish particulars
as to any significant increase in services rendered or expenses
incurred during the year. Notes relating to financial
statements shown elsewhere in this report may be indicated here
by reference.
NONE
<PAGE>
36
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
For the Year Ended December 31, 1995
ORGANIZATION CHART
________________________________________
| |
| |
____| |
| | BOARD OF DIRECTORS |
|____| |
| |________________________________________|
| | |
|___| PRESIDENT |
| |________________________________________|
| | |
|-| CORPORATE COUNSEL & SECRETARY |
| |________________________________________|
| | |
|-| V.P. OYSTER CREEK |
| |________________________________________|
|_| |
| | V.P. THREE MILE ISLAND |
| |________________________________________|
|_| |
| | V.P. TECHNICAL FUNCTIONS |
| |________________________________________|
|_| |
| | V.P. COMMUNICATIONS |
| |________________________________________|
|_| |
| | V.P. ADMINISTRATION & FINANCE |
| |________________________________________|
|_| |
| | V.P. NUCLEAR SERVICES |
| |________________________________________|
<PAGE>
37
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
METHODS OF ALLOCATION
The allocation of expenses not directly attributable to a particular nuclear
station are based, by division, on the direct charging of that division's
manpower. When corporate costs have been allocated to the plants, a fixed
rate is calculated to apply to total direct costs. This rate is derived by
dividing the estimated corporate costs by the estimated plant direct costs.
The overhead rate is reviewed periodically and revised as appropriate to fully
allocate costs by year-end.
<PAGE>
38
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
ANNUAL STATEMENT OF COMPENSATION FOR USE OF CAPITAL BILLED
NONE
<PAGE>
39
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
Pursuant to the provisions contained in the SEC order dated September 14, 1990
for SEC File No. 70-7720, GPU Nuclear provided certain laboratory services to
Jersey Central Power & Light Company, Metropolitan Edison Company and
Pennsylvania Electric Company in 1995 in support of their generating stations,
transmission and distribution divisions and other non-nuclear functions.
Revenues realized in 1995 from providing these services are shown separately
under "Non-Nuclear Related Activities" on page 21 of this report.
Pursuant to the provisions contained in the Securities and Exchange Commission
(SEC) orders dated August 29, 1990 for SEC File No. 70-7675, January 31, 1993
for SEC File No. 70-7905, May 21, 1993 for SEC File No. 70-8115 and October
17, 1994 for SEC File No. 70-8393, the following are descriptions of services
provided to Non-Affiliated Entities. Revenues realized in 1995 from providing
these services are shown separately on page 22 of this report.
Brief Descriptions of Services Rendered to Nonassociated Companies
Nonassociated Company Description
Dresden Nuclear Station Provided health physics services support
to Dresden plant during the outage.
BWR Owners Group Provide Chairman, Boiling Water Reactor
Owners Group.
B&W Owners Group Provide Program Director for B&W plant
generic license renewal program.
General Physics Rental of the TMI replica simulator/
classrooms/training materials, including
classroom instructor support for training
INPO personnel.
TVA Instrumentation & Control radiation
monitoring expert to review and revise
calculations for Tennessee Valley
Authority.
Philadelphia Electric Company Environmental lab services.
Babcock & Wilcox Provide replication techniques and
metallurgical services to B&W Owners Group
plants.
Boston Edison Provide "ETUDE" training data base system.
Sandia Laboratories Provide services related to the Rocky
Flats decommissioning.
Fluence Workshop Conduct a one week Fluence workshop
together with Penn State.
<PAGE>
39A
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
Brief Descriptions of Services Rendered to Nonassociated Companies
Nonassociated Company Description
Fort St. Vrain Provide consulting services in connection
with the final radiation survey for Public
Service of Colorado's proposed
decommissioning plan for its Fort St.
Vrain nuclear facility.
Detroit Edison Provide training and testing to assist
with certification of Detroit Edison
Nondestructive Examination (NDE) workers
at FERMI 2.
Susquehanna Plant (PP&L) Provide service water evaluation support
and field support.
Gilbert Commonwealth Joint security devices development work;
provide general observation techniques
training in Ottowa, Canada; provide
consulting services on design of a vehicle
intrusion system; provide technical
liaison and project management support.
New York Power Authority Provide determination of equipment
qualification temperature profile in
Fitzpatrick Nuclear Station turbine
building.
Consolidated Edison Provide Non-Destructive examination method
training, testing and certification.
PJM Provide initial Kepner-Tregor training
class to PJM employees.
Sean Delaney Provide teamwork and leadership training.
Public Service Electric & Gas Instrument rental/equipment calibration.
NJ Natural Gas Provide training tape from existing video
tape.
Duke Power Perform Gamma Spectra measurements at
Catawba Nuclear Station.
Finetech Provide chemical analysis on powdered and
bead resin samples.
G. Cotter Enterprises Provide radiography Level III training.
Harrisburg Area Community College Provide police baton training.
<PAGE>
39B
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
Brief Descriptions of Services Rendered to Nonassociated Companies
Nonassociated Company Description
Florida Power Provide Instrumentaiton & Control support
for Crystal River Plant power upgrade
study.
Lower Swatara Township Provide firearms training simulator.
Tulli Advertising Produce a marketing video tape.
Various Includes various chemical/material
laboratory analyses, health newsletter
sales, souvenir and tour revenues.
<PAGE>
ANNUAL REPORT OF GPU NUCLEAR CORPORATION
SIGNATURE CLAUSE
Pursuant to the requirements of the Public
Utility Holding Company Act of 1935 and the rules
and regulations of the Securities and Exchange
Commission issued thereunder, the undersigned
company has duly caused this report to be signed
on its behalf by the undersigned officer thereunto
duly authorized.
GPU NUCLEAR CORPORATION
(Name of Reporting Company)
By: /s/ P. E. Maricondo
(Signature of Signing Officer)
P. E. Maricondo, V. P. Admin. and Fin. & Comptroller
(Printed Name and Title of Signing Officer)
Date: 4/25/96
<PAGE>
<TABLE> <S> <C>
<ARTICLE> OPUR2
<MULTIPLIER> 1,000
<CURRENCY> US DOLLARS
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> DEC-31-1995
<EXCHANGE-RATE> 1
<BOOK-VALUE> PER-BOOK
<NET-SERVICE-COMPANY-PROPERTY> 38
<TOTAL-INVESTMENTS> 406
<TOTAL-CURRENT-ASSETS> 48,017
<TOTAL-DEFERRED-DEBITS> 24,715
<OTHER-ASSETS-AND-DEBITS> 0
<TOTAL-ASSETS-AND-DEBITS> 73,176
<TOTAL-PROPRIETARY-CAPITAL> 50
<TOTAL-LONG-TERM-DEBT> 0
<NOTES-PAYABLE> 0
<NOTES-PAYABLE-ASSOCIATE-COMP> 0
<OTHER-CURR-AND-ACCRUED-LIAB> 64,969
<TOTAL-DEFERRED-CREDITS> 7,447
<DEFERRED-INCOME-TAX> 710
<TOT-LIABIL-AND-PROPRIET-CAP> 73,176
<SERVICES-ASSOCIATE-COMPANIES> 383,077
<SERVICES-NON-ASSOCIATE-COMP> 935
<MISC-INCOME-OR-LOSS> 22
<TOTAL-INCOME> 384,034
<SALARIES-AND-WAGES> 123,825
<EMPLOYEE-PENSION-AND-BENEFIT> 35,202
<OTHER-EXPENSES> 225,007
<TOTAL-EXPENSES> 384,034
<NET-INCOME> 0
<TOTAL-EXPENSES-DIRECT-COST> 333,679
<TOTAL-EXPENSES-INDIRECT-COST> 50,355
<TOT-EXP-DIRECT-AND-INDIRECT> 384,034
<PERSONNEL-END-OF-YEAR> 2,060
<FN>
</FN>
<PAGE>
</TABLE>
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