©1996ArthurAndersen.AndersenWorldwide,SC.Allrightsreserved.BritishNuclearFuelsPresentationWorldwideWorkshop11th-13thDecember1996©1996ArthurAndersen.AndersenWorldwide,SC.Allrightsreserved.TheCompany•BNFLisapubliclimitedcompany•UKgovernmentisthesoleshareholder•Turnovertoy/eMarch1996=£1549million•Numberofemployees=13,451•ExportisBNFLinc...(NorthAmerica)andofficesinSouthKorea,JapanandChina©1996ArthurAndersen.AndersenWorldwide,SC.Allrightsreserved.TheBusiness•BNFLprovideshighqualitynuclearfuelcycleservicestocustomersintheUKandoverseas•Thisspansfuelmanufactureandenrichmentthroughtousedfuelreprocessing,transport,wastemanagementandultimatelydecommissioning.©1996ArthurAndersen.AndersenWorldwide,SC.Allrightsreserved.TheNuclearFuelCycle©1996ArthurAndersen.AndersenWorldwide,SC.Allrightsreserved.SpringfieldsSite•LocatednearPrestonthesiteprocessesseveralthousandtonnesofuraniumeachyear•Fuelismanufacturedforallmajordesignsofnuclearreactorworldwide•ThesitehousestheNEWOXIDEFUELSCOMPLEXclaimedtobetheworld’smostadvancednuclearfuelmanufacturingplant©1996ArthurAndersen.AndersenWorldwide,SC.Allrightsreserved.Capenhurst•ThesiteisnearChester,andhousesUrencoLtd.(BNFLhasa33%interest)•Here,fuelisenrichedtoincreaseitsenergyefficiencybeforebeingusedinpressurisedwaterreactorsandboilingwaterreactors•Outdatedenrichmenttechnologyisbeingdecontaminatedanddecommissioned•Sitebeingusedtoprovidenewservicese.g.DevaManufacturingServicesLtd.produceswastedevices&equipmentforuseatSellafield©1996ArthurAndersen.AndersenWorldwide,SC.Allrightsreserved.Sellafield•AtSellafieldCumbria,usedfuelisre-processedtoseparatere-usableproductsreadytobemadeintonewfuel.•Highlyefficientmixedoxide(mox)fuelisproducedatSellafield(mixtureofuraniumandplutoniumoxides).•Wastemanagementofradioactivewaste(low,intermediateandhighlevel)isamajorroleatSellafield.•BNFLhascompletedmanydecommissioningprojectsatSellafieldandothersites.Thisinvolvesremovingandprocessingresidualnuclearmaterial,decontaminatingandremovingplantandequipment,disposingorrecyclingwastematerial.©1996ArthurAndersen.AndersenWorldwide,SC.Allrightsreserved.Chaplecros(Dumfrieshire)&CalderHall(Sellafield)•ThetwoMagnoxnuclearpowerstationscurrentlyoperatedbyBNFL•CalderHallwastheworldsfirstindustrialscalenuclearpowerstation.Itbecameoperationalin1956,followedbyChapelcrossin1959•Betweenthem,theygenerateannually3000gigawatthoursofelectricity-enoughtomeettheneedsofacitythesizeofLeeds•TheUKgovernmentproposestotransferownershipoftheothermagnoxpowerstationstoBNFL©1996ArthurAndersen.AndersenWorldwide,SC.Allrightsreserved.Risley•HeadofficeofBNFL•TheBoardofDirectorsarebasedhere•CommercialfunctionandcorporatesupportfunctionsarelocatedatRisley©1996ArthurAndersen.AndersenWorldwide,SC.Allrightsreserved.OrganisationStructure(aswas)•ProjectColumbusobjectivewastore-engineerthefinancialprocessesoftheUKgroupPreviousOrganisationStructure(AtcommencementofProjectColumbus)BNFLBNFLUKGroupUKGroupInternationalInternationalGroupGroupEngineeringEngineeringGroupGroupMagnoxMagnoxRe-ProcessingRe-ProcessingWasteWaste&Effluent&EffluentTreatmentTreatmentWasteWasteRetrieval&Retrieval&DecommissioningDecommissioningSellafieldSellafieldServicesServicesSiteSiteRelationsRelationsCommercialCommercialElectricityElectricityGenerationGenerationFinanceFinanceProjectColumbusProjectColumbus©199...