Centrus Energy (LEU) 8-K Entry into a Material Definitive Agreement

			EXHIBIT 99.1
	UNITED STATES BANKRUPTCY COURT
	FOR THE DISTRICT OF DELAWARE
In re USEC Inc.
		Case No.	14-10475 (CSS)
		Reporting Period:		30-Jun-14
		Federal Tax I.D. #		52-2107911
	CORPORATE MONTHLY OPERATING REPORT
	File with the Court and submit a copy to the United States Trustee within 30 days after the end of
	the month and submit a copy of the report to any official committee appointed in the case.
	REQUIRED DOCUMENTS	Form No.	Document Attached	Explanation Attached
	Schedule of Cash Receipts and Disbursements	MOR-1a	x
	Bank Account Information	MOR-1b	x
	Copies of bank statements (See Notes to the MOR)			x
	Cash disbursements journals (See Notes to the MOR)			x
	Statement of Operations (Income Statement)	MOR-2	x
	Balance Sheet	MOR-3	x
	Status of Post-petition Taxes	MOR-4	x
	Copies of IRS Form 6123 or payment receipt (See Notes to the MOR)			x
	Copies of tax returns filed during reporting period (See Notes to the MOR)			x
	Summary of Unpaid Post-petition Debts	MOR-4	x
	Listing of Aged Accounts Payable (See Notes to the MOR)			x
	Accounts Receivable Reconciliation and Aging	MOR-5	x
	Payments to Professionals	MOR-6	x
	Post Petition Secured Notes Adequate Protection Payments	MOR-6	x
	Debtor Questionnaire	MOR-7	x
	I declare under penalty of perjury (28 U.S.C. Section 1746) that this report and the attached documents
	are true and correct to the best of my knowledge and belief.
	/s/ John R. Castellano		July 31, 2014
	Signature of Authorized Individual*		Date
	John R. Castellano
	Printed Name of Authorized Individual
	Chief Restructuring Officer
	Title
	*Authorized individual must be an officer, director or shareholder if debtor is a corporation; a partner if
	debtor is a partnership; a manager or member if debtor is a limited liability company.

			MOR NOTES
In re USEC Inc.
		Case No.	14-10475 (CSS)
		Reporting Period:	30-Jun-14
		Federal Tax I.D. #	52-2107911
Notes to the Monthly Operating Report
GENERAL:
The report includes activity from the following Debtor:
Debtor	Case Number
USEC Inc.	14-10475 (CSS)
Notes to MOR-1a:
Cash disbursements shown are based on a book basis which consider a disbursement made when a check is
issued, as opposed to when a check is presented for payment.
Amounts do not include interest on the DIP Loan, which is accrued to the outstanding DIP Loan balance.
Notes to MOR-1b:
All amounts listed represent the bank balances as of the end of the month.
Copies of the bank statements and cash disbursement journals were not included with the MOR but are available
upon request.
Notes to MOR-2/3:
The unaudited condensed financial statements as of and for the one month ended June 30, 2014 have been
prepared in accordance with generally accepted accounting principles in the United States (“GAAP”). Certain
information and notes normally included in financial statements prepared in accordance with GAAP have been
omitted. The unaudited condensed financial statements reflect all adjustments which are, in the opinion of management,
necessary for a fair statement of the financial results for the interim period.
The Income Statement reflects revenue and expenses that directly correspond to the debtor legal entity, USEC Inc.,
and does not include non-debtor affiliates and subsidiaries.
The Balance Sheet reflect assets, liabilities, and stockholders equity that directly correspond to the debtor legal entity,
USEC Inc., and does not include non-debtor affiliates and subsidiaries.

		MOR NOTES
In re USEC Inc.
	Case No.	14-10475 (CSS)
	Reporting Period:	30-Jun-14
	Federal Tax I.D. #	52-2107911
Notes to the Monthly Operating Report
Notes to MOR-4:
USEC Inc. received an order which allows the payment of pre-petition taxes. The tax walkforward will reflect
both pre-petition and post-petition taxes.
USEC Inc. does not expect to be required to make any federal or state income tax payments.
USEC Inc. files tax returns and makes tax payments periodically. The tax returns and related payments will be made
available upon request.
USEC Inc. is current on all post petition payments other than disputes that arise in the ordinary course of business
and amounts expected to be but not yet authorized for payment by the Bankruptcy Court.
Due to the volume of activity the detailed listing of aged post petition payables is not included.
The post petition accounts payable reported represent open and outstanding trade vendor invoices that have been
entered into the Debtor's accounts payable system and does not include accruals for invoices not yet received or approved.
Notes to MOR-5:
Accounts receivable represents amounts due from Oak Ridge National Laboratory for the
American Centrifuge Demonstration and Operation (ACTDO) agreement, and ACP-related IP documentation
provided to DOE under fixed-price work authorizations.
Notes to MOR-6:
Interest expense on the Debtor-in-Possession (DIP) Facility and Secured Intercompany Loan are accrued
to the loan balance and do not result in a cash payment.
Notes to MOR-7:
USEC Inc. has received orders that allow payment of certain pre-petition liabilities such as employee benefits
and employee expense reimbursement.
The DIP Lender is the Debtor's non-debtor affiliate, United States Enrichment Corporation subsidiary.
Funding was provided under the DIP during the month (amount shown on Schedule MOR-1a).

			MOR-1a
In re USEC Inc.
		Case No.	14-10475 (CSS)
		Reporting Period:	30-Jun-14
		Federal Tax I.D. #	52-2107911
Schedule of Cash Receipts and Disbursements
(000's)
			TIME PERIOD:
			6/1/2014 - 6/30/2014
Debtor	Activity		Amounts
USEC Inc.	Beginning Total Cash (Bank Balance)		$4,343
		Less: Outstanding Checks & Bank Adjustments	(676	)
	Beginning Total Cash (Book Balance)		$3,667
	Receipts
		DOE RD&D Reimbursement	7,186
		ORNL ACTDO Receipts	6,742
		Other Receipts	3
		Total Operating Receipts	13,930
	Disbursements (book basis)
		Headquarters Payroll & Benefits	(1,629	)
		Headquarters Overhead	(578	)
		Headquarters Outside Services	(37	)
		ACP Payroll & Benefits	(3,448	)
		ACP Machine Technology & Operations	(1,791	)
		ACP Manufacturing, EPC and PETE	(1,745	)
		Total Operating Disbursements	(9,228	)
	Non-Operating Items:
		Professional Fees	(2,049	)
		Interest	—
		Other (Utility Deposit)	—
		Total Non-Operating Disbursements	(2,049	)
		Total Disbursements	(11,277	)
	Funding Activities:
		Cash funding provided by draws on DIP:	14,500
		Cash payments on DIP	(13,927	)
		Cash payments on Pre-Petition Secured Loan	—
		Total Funding Activities	573
	Total Change in Cash		3,226
	Ending Cash (Book Balance)		6,893
		Plus: Bank Adjustment, Timing & Bank Interest	—
		Plus: Outstanding Checks	480
	Ending Cash (Bank Balance)		7,373

			MOR-1b
In re USEC Inc.
	Case No.		14-10475 (CSS)
	Reporting Period:		30-Jun-14
	Federal Tax I.D. #		52-2107911
Bank Account Information
(000's)
Legal Entity	Bank	Bank Account	Bank Balance
USEC Inc.	JP Morgan Chase	XX6272	$7,148
USEC Inc.	JP Morgan Chase	XX5349	$0
USEC Inc.	JP Morgan Chase	XX4574	$0
USEC Inc.	JP Morgan Chase	XX6241	$175
USEC Inc.	JP Morgan Chase	XX7309	$0
USEC Inc.	Merrill Lynch	XX3365	$0
USEC Inc.	JP Morgan Chase	XX2733	$50
Total USEC Bank Account Balances, per statements			$7,373

					MOR-2
In re USEC Inc.
			Case No.	14-10475 (CSS)
			Reporting Period:		30-Jun-14
			Federal Tax I.D. #		52-2107911
Statement of Operations (Income Statement)
(000's)
The Statement of Operations is to be prepared on an accrual basis. The accrual basis of accounting recognizes
revenue when it is realized and expenses when they are incurred, regardless of when cash is actually received or paid.
	USEC Inc.
	14-10475 (CSS)
Revenue
Separative Work Units	—
Uranium	—
U. S. Government Contracts and Other	7,133
Revenue	7,133
Cost of Sales
Separative Work Units
Production Costs	—
Purchase Costs	—
Change in Inventory	—
Non Production Pension Expense	—
	—
ARO Accretion Expense	—
Uranium	—
U. S. Government Contracts and Other	5,927
Cost of Sales	5,927
Gross Profit
Separative Work Units	—
Uranium	—
U. S. Government Contracts and Other	1,206
Gross Profit	1,206
Gross Margin %	—
Special Charges	588
Advanced Technology Costs	4,963
Selling, General and Administrative	2,961
Other (Income) Expense, Net	—
Intercompany Cost Recovery	(4,628	)
Operating Income (Loss)	(2,678	)
Interest Expense	2,169
Preferred Stock Financing Costs	—
Interest (Income)	(3	)
Reorganization Costs	1,028
Income (Loss) from Continuing Ops before Taxes	(5,872	)
Provision (benefit) for Income Taxes	(51	)
Net Income (Loss)	(5,820	)
Equity in earnings (Loss) of non-filing entities	(13,866	)
NET INCOME (LOSS) ATTRIBUTABLE TO USEC INC.	(19,686	)

				MOR-3
In re USEC Inc.
			Case No.	14-10475 (CSS)
			Reporting Period:	30-Jun-14
			Federal Tax I.D. #	52-2107911
Balance Sheet
(000's)
The Balance Sheet is to be completed on an accrual basis only. Pre-petition liabilities must be classified separately from post-petition obligations.
	USEC Inc.
	14-10475 (CSS)
ASSETS			LIABILITIES & STOCKHOLDERS' EQUITY
CURRENT ASSETS			CURRENT LIABILITIES
Cash and cash equivalents	7,400		Short-term debt (DIP)	11,500
Short-term investments	—		Accounts payable and accrued liabilities	21,600
Accounts receivable			Total Current Liabilities	33,100
Customers	—
DOE	7,100		OTHER LIABILITIES
Total Receivables	7,100		Postretirement health and life benefit obligations	—
Inventories			Pension benefit liabilities	26,000
Separative work units	—		Deferred revenue and advances	—
Uranium	—		Other liabilities	24,500
Uranium provided by customers	—		Total Other Liabilities	50,500
Materials & Supplies	200
Total Inventories	200		LIABILITIES SUBJECT TO COMPROMISE	994,100
Deferred Costs Related to Deferred Revenue	—		TOTAL LIABILITIES	1,077,700
Receivable from non-filing entity	—
Other	11,000		STOCKHOLDERS' EQUITY
Total Current Assets	25,700		Common stock, par value $.10 per share	500
			Excess of capital over par value	149,500
PROPERTY, PLANT AND EQUIPMENT			Treasury stock	(34,400	)
Construction work in progress	—		Accumulated other comprehensive income (Loss)	(68,500	)
Leasehold improvements	1,700		Equity in Subsidiary	484,500
Machinery & equipment	8,500		Retained earnings	(1,067,800	)
	10,200		Total Stockholders' Equity	(536,200	)
Less: Accumulated depreciation & amortization	(8,700	)
Property, Plant and Equipment, Net	1,500		TOTAL LIABILITIES &
			STOCKHOLDERS' EQUITY	541,500
OTHER ASSETS
Investment in non-filing entity	484,900
Deposit for surety bonds	29,400
Total Other Assets	514,300
TOTAL ASSETS	541,500

													MOR-4
In re USEC Inc.
										Case No.			14-10475 (CSS)
								Reporting Period:					30-Jun-14
								Federal Tax I.D. #					52-2107911
Status of Post-petition Taxes
					(000's)
USEC Inc.					Beginning Tax Liability			Amount Withheld or Accrued		Amount Paid			Ending Tax Liability
Federal Taxes
Withholding					$	—		$	633	$	(633	)	$	—
FICA-Employee					$	—		$	249	$	(249	)	$	—
FICA-Employer					$	644		$	146	$	(245	)	$	545
Unemployment					$	—		$	6	$	—		$	6
Income					$	—		$	—	$	—		$	—
Other:					$	—		$	—	$	—		$	—
Total Federal					$	644		$	1,034	$	(1,127	)	$	551
State & Local
Withholding					$	17		$	127	$	(126	)	$	18
Unemployment					$	—		$	—	$	—		$	—
Sales					$	(1	)	$	11	$	(11	)	$	(1	)
Excise					$	—		$	—	$	—		$	—
Real Property					$	—		$	—	$	—		$	—
Personal Property					$	—		$	—	$	—		$	—
Other: Income					$	(19	)	$	—	$	—		$	(19	)
Other: Gross Receipts					$	—		$	22	$	—		$	22
Other: Franchise					$	3		$	15	$	—		$	18
Total State and Local					$	—		$	175	$	(137	)	$	38
TOTAL Taxes					$	644		$	1,209	$	(1,264	)	$	589
Summary of Unpaid Post-petition Debts (See Notes to the MOR)
					(000's)
	Days Past Due
	Current		1-30		31-60			61-90		>91			Total
USEC Inc.	$	1,729	$	1,038	$	320		$	—	$	23		$	3,111

				MOR-5
In re USEC Inc.
			Case No.	14-10475 (CSS)
		Reporting Period:		30-Jun-14
			Federal Tax I.D. #	52-2107911
Accounts Receivable Reconciliation and Aging (See Notes to the MOR)
(000's)
ACCOUNTS RECEIVABLE RECONCILIATION AND AGING
	Accounts Receivable Reconciliation			Amount
	Total Accounts Receivable (Net) at the beginning of the reporting period			$13,927
	+ Amounts billed during the period			7,133
	- Amounts collected during the period			(13,927	)
	Total Accounts Receivable (Net) at the end of the reporting period			$7,133
	Accounts Receivable Aging			Amount
	Current			$7,133
	0 - 30 days old			$0
	31 - 60 days old			$0
	61 - 90 days old			$0
	91+ days old			$0
	Total Accounts Receivable			$7,133
	Contractual Allowance / Uncollectible			$0
	Accounts Receivable (Net)			$7,133

							MOR-6
In re USEC Inc.
				Case No.		14-10475 (CSS)
				Reporting Period:		30-Jun-14
				Federal Tax I.D. #		52-2107911
Payments to Professionals
	Professionals
	Name	Amount Paid During Month		Total Paid to Date
	AKIN GUMP STRAUSS HAUER AND FELD LLP	$	73,599	$	458,988
	HOULIHAN LOKEY CAPITAL INC	150,014		450,803
	LOGAN AND CO INC	39,425		96,866
	BABCOCK & WILCOX (Reimbursement for EA Advisors & Baker Botts)	—		183,212
	TOSHIBA AMERICA NUCLEAR ENERGY CORP (Reimbursement for GLC & Morrison Foerster)	176,269		325,851
	US TRUSTEE	—		10,400
	AP SERVICES LLP	865,802		865,802
	LATHAM & WATKINS LLP	341,946		341,946
	RICHARDS LAYTON & FINGER	61,556		61,556
	YOUNG CONAWAY STARGATT AND TAYLOR LLP	139,818		139,818
	LAZARD FRERES AND CO LLC	200,763		200,763
	Total Payments to Professionals	$	2,049,193	$	3,136,005
	Post Petition Secured Notes Adequate Protection Payments
	Name of Creditor	Amount Paid During Month
	United States Enrichment Corporation - DIP1	$	143,595
	United States Enrichment Corporation - Secured Intercompany1	475,696
	Total Payments	$	619,291
	(1) Interest on the DIP and Secured Intercompany Loan is charged to the loan and is not a cash payment

			MOR-7
In re USEC Inc.
		Case No.	14-10475 (CSS)
		Reporting Period:	30-Jun-14
		Federal Tax I.D. #	52-2107911
Debtor Questionnaire
	Must be completed each month. If the answer to any of the questions is “Yes”, provide a detailed explanation of each item. Attach additional sheets if necessary.	Yes	No
1	Have any assets been sold or transferred outside the normal course of business this reporting period?		X
2	Have any funds been disbursed from any account other than a debtor in possession account this reporting period?		X
3	Is the Debtor delinquent in the timely filing of any post-petition tax returns?		X
4	Are workers compensation, general liability or other necessary insurance coverages expired or cancelled, or has the debtor received notice of expiration or cancellation of such policies?		X
5	Is the Debtor delinquent in paying any insurance premium payment?		X
6	Have any payments been made on pre-petition liabilities this reporting period?	X
7	Are any post petition receivables (accounts, notes or loans) due from related parties?		X
8	Are any post petition payroll taxes past due?		X
9	Are any post petition State or Federal income taxes past due?		X
10	Are any post petition real estate taxes past due?		X
11	Are any other post petition taxes past due?		X
12	Have any pre-petition taxes been paid during this reporting period?		X
13	Are any amounts owed to post petition creditors delinquent?		X
14	Are any wage payments past due?		X
15	Have any post petition loans been been received by the Debtor from any party?	X
16	Is the Debtor delinquent in paying any U.S. Trustee fees?		X
17	Is the Debtor delinquent with any court ordered payments to attorneys or other professionals?		X
18	Have the owners or shareholders received any compensation outside of the normal course of business?		X