CONDENSED DEBTOR-IN-POSSESSION FINANCIAL INFORMATION

The financial statements below represent the unconsolidated condensed financial statements of the Debtor, USEC Inc. excluding subsidiaries.



Debtor's Condensed Balance Sheet (millions)
	June 30, 2014
ASSETS
Current Assets
Cash and cash equivalents	$	7.4
Accounts receivable, net	7.1
Inventories	0.2
Other current assets	11.0
Total current assets	25.7
Property, plant and equipment, net	1.5
Deposits for surety bonds	29.4
Investment in non-filing entities	484.9
Total Assets	$	541.5

LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)
Current Liabilities
Accounts payable and accrued liabilities	$	21.6
Borrowings under the DIP Facility	11.5
Total current liabilities	33.1
Pension benefit liabilities	26.0
Other long-term liabilities	24.5
Liabilities subject to compromise	994.1
Total Liabilities	1,077.7
Stockholders’ Equity (Deficit)	(536.2		)
Total Liabilities and Stockholders’ Equity (Deficit)	$	541.5

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



	June 30, 2014
Accounts payable and accrued liabilities	$	1.5
Convertible senior notes and accrued interest	542.8
Convertible preferred stock and paid-in-kind dividends payable	113.9
Intercompany services payable	207.7
Intercompany loan payable	128.2
Liabilities subject to compromise	$	994.1



Debtor's Condensed Statement of Operations and Comprehensive (Loss) (millions)
	Three Months Ended June 30, 2014			Six Months Ended June 30, 2014
Contract services revenue	$	13.9		$	13.9
Contract services cost of sales	12.6			12.6
Gross profit	1.3			1.3
Advanced technology costs	18.0			51.3
Selling, general and administrative	9.6			20.6
Special charge for workforce reductions	1.4			1.4
Other (income) expense, net	(7.2		)	(33.7		)
Intercompany cost recovery	(3.7		)	(17.2		)
Operating (loss)	(16.8		)	(21.1		)
Interest expense	6.5			14.0
Reorganization items, net	4.7			13.1
Equity in earnings (loss) of non-filing entities	(0.1		)	(31.7		)
(Loss) from continuing operations before income taxes	(28.1		)	(79.9		)
Provision (benefit) for income taxes	(0.1		)	(1.1		)
Net (loss)	$	(28.0	)	$	(78.8	)
Other comprehensive income, net of tax	—			—
Comprehensive (loss)	$	(28.0	)	$	(78.8	)



Debtor's Condensed Statement of Cash Flows (millions)
	Six Months Ended June 30, 2014
Cash Flows from Operating Activities
Net (loss)	$	(78.8	)
Adjustments to reconcile net (loss) to net cash (used in) operating activities	61.8
Net Cash (Used in) Operating Activities	(17.0		)

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	42.3
Repayments of debtor-in-possession credit facility	(30.8		)
Proceeds from intercompany loan	52.3
Repayments of intercompany loan	(44.6		)
Common stock issued (purchased), net	(0.1		)
Net Cash Provided by Financing Activities	19.1
Net Increase	2.1
Cash and Cash Equivalents at Beginning of Period	5.3
Cash and Cash Equivalents at End of Period	$	7.4