Document: NRC Regulatory Guide
Document ID: 8ebf2253-f3d2-4bcd-ac80-7cbf6ab8d420
Document Type: regulatory_guide
Title: Assuring the Availability of Funds for Decommissioning Nuclear Reactors + HISTORY –HISTORY 02/2022 – DG-1348 Revision 1, Proposed Revision 3 06/2018 – DG-1348 , Proposed Revision 3 11/2016 – Periodic Review of Revision 2 – Reviewed with no issues identified 01/2011 – DG-1229 , Proposed Revision 2 05/2001 – DG-1106 , Proposed Revision 1 05/1989 – DG-1003 , Proposed Revision 0 (Rev. 1)
Source: NRC Regulatory Guide Division 1
Source URL: https://www.nrc.gov/docs/ML2134/ML21347A081.pdf
Revision Date: 2023-05
Chapter: 
Section ID: RG-1.159
CFR Part: 
CFR Title: 

Content:
. Are at least 90 percent of firm’s assets located in the United States? If not, complete line 14. ____ ____ 14. Is line 9 at least 6 times line 1? ____ ____ Guarantor must meet two of the following three ratios: 15. Is line 2 divided by line 4 less than 2.0? ____ ____ 16. Is line 8 divided by line 2 greater than 0.1? ____ ____ 17. Is line 5 divided by line 6 greater than 1.5? ____ ____ ___________________ * Denotes figures derived from financial statements. ** Tangible net worth is defined as net worth minus goodwill, patents, trademarks, and copyrights. DG-1348 Revision 1, Appendix A, Page A-28 APPENDIX A-6.3 FINANCIAL TEST: ALTERNATIVE II 1. Decommissioning cost estimates or guaranteed amount for facility [insert license number] (total cost of all cost estimates should be stated in paragraphs above) $______ 2. Current bond rating of most recent unsecured issuance of this firm Rating __________ Name of rating service _______________________ 3. Date of issuance of bond __________ 4. Date of maturity of bond __________ *5. Tangible net worth** (if any portion of estimates for decommissioning is included in total liabilities on your firm’s financial statements, you may add the amount of that portion to this line) $______ *6. Total assets in United States (required only if less than 90 percent of firm’s assets are located in the United States) Yes No 7. Is line 5 at least $10 million? ____ ____ 8. Is line 5 at least 6 times line 1? ____ ____ 9. Are at least 90 percent of firm’s assets located in the United States? If not, complete line 10. ____ ____ 10. Is line 6 at least 6 times line 1? ____ ____ 11. Is the rating specified on line 2 “BBB” or better (if issued by Standard & Poor’s) or “Baa” or better (if issued by Moody’s)? ____ ____ ___________________ * Denotes figures derived from financial statements. ** Tangible net worth is defined as net worth minus goodwill, patents, trademarks, and copyrights. DG-1348 Revision 1, Appendix A, Page A-29