This report presents the nuclear analysis and discusses the performance of the LWBR core at Shippingport during power operation from initial startup through end-of-life at 28,730 EFPH. Core follow depletion calculations confirmed that the reactivity bias and power distributions were well within the uncertainty allowances used in the design and safety analysis of LWBR. The magnitude of the core follow reactivity bias has shown that the calculational models used can predict the behavior of U/sup 233/-Th systems with closely spaced fuel rod lattices and movable fuel. In addition, the calculated final fissile loading is sufficiently greater than the initial fissile inventory that the measurements to be performed for proof-of-breeding evaluations are expected to confirm that breeding has occurred.