CONDENSED DEBTOR-IN-POSSESSION FINANCIAL INFORMATION

The financial statements below represent the unconsolidated condensed financial statements of the Debtor, USEC Inc. excluding subsidiaries. The statement of operations begins with operating expenses since USEC Inc. does not have revenue-generating activities.



Debtor's Condensed Balance Sheet (millions)
	March 31, 2014
ASSETS
Current Assets
Cash and cash equivalents	$	13.9
Accounts receivable, net	17.4
Inventories	0.2
Receivable from non-filing entity	2.5
Other current assets	11.3
Total current assets	45.3
Property, plant and equipment, net	1.6
Deposits for surety bonds	29.4
Investment in non-filing entities	484.8
Total Assets	$	561.1

LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)
Current Liabilities
Accounts payable and accrued liabilities	$	18.0
Total current liabilities	18.0
Pension benefit liabilities	26.2
Other long-term liabilities	24.6
Liabilities subject to compromise	1,000.8
Total Liabilities	1,069.6
Stockholders’ Equity (Deficit)	(508.5		)
Total Liabilities and Stockholders’ Equity (Deficit)	$	561.1

Components of liabilities subject to compromise follow (in millions):



	March 31, 2014
Accounts payable and accrued liabilities	$	1.5
Convertible senior notes and accrued interest	538.2
Convertible preferred stock and paid-in-kind dividends payable	113.9
Intercompany services payable	203.1
Intercompany loan payable	144.1
Liabilities subject to compromise	$	1,000.8



Debtor's Condensed Statement of Operations and Comprehensive (Loss) (millions)
	Three Months Ended March 31, 2014
Gross profit (loss)	$	—
Advanced technology costs	33.3
Selling, general and administrative	11.0
Other (income) expense, net	(26.5		)
Intercompany cost recovery	(13.5		)
Operating (loss)	(4.3		)
Interest expense	7.5
Reorganization items, net	8.4
Equity in earnings (loss) of non-filing entities	(31.6		)
(Loss) from continuing operations before income taxes	(51.8		)
Provision (benefit) for income taxes	(1.0		)
Net (loss)	$	(50.8	)
Other comprehensive income, net of tax	—
Comprehensive income (loss)	$	(50.8	)



Debtor's Condensed Statement of Cash Flows (millions)
	Three Months Ended March 31, 2014
Cash Flows from Operating Activities
Net (loss)	$	(50.8	)
Adjustments to reconcile net (loss) to net cash (used in) operating activities	35.8
Net Cash (Used in) Operating Activities	(15.0		)

Cash Flows Provided by Investing Activities
Net Cash Provided by Investing Activities	—

Cash Flows Provided by Financing Activities
Proceeds from debtor-in-possession credit facility	3.0
Repayments of debtor-in-possession credit facility	(3.0		)
Proceeds from intercompany loan	50.7
Repayments of intercompany loan	(27.1		)
Net Cash Provided by Financing Activities	23.6
Net Increase	8.6
Cash and Cash Equivalents at Beginning of Period	5.3
Cash and Cash Equivalents at End of Period	$	13.9