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Page 1 of 10
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Ken and Linda Lay
Balance Sheet Comparison
  April 30, 2000

Current Assets
Marketable Investments
  Corn & Pref Stocks

  Executive Stock Options
Bonds
  Mutual Funds
Partnerships (Family)*
Long Term Investments
Retirement/Deferred Assets
Personal Non Earning Assets
Current Liabilities

Long Term Liabilities

3/31/00 4/30/00 Variance
4,452,914 7,714,363 3,261,449 ENE Stock Option exercise,
settlement 5/01/00

140,973,629	140,409,375	(564,254)	ENE dec. $5.19 from pr. Mo.;
			CPQ inc. $2.50 from pr. Mo.
170,785,621	138,332,121	(32,453,500)	286,800 Stock Opt Exe;
			ENE dec. $5.19 from pr. Mo.;
236,075	236,075	-	
16,196,568	16,034,627	(161,941)	
56,755,703	52,072,573	(4,683,130)	ENE dec. $5.19 from pr. Mo.:
			CPQ inc. $2.50 from pr. Mo.
34,414,974	35,323,798	908,824	MILAND purchase, Broadwing,
			Capricorn III Cap Call
61,317,162	57,877,594	(3,439,568)	ENE dec. $5.19 from pr. Mo.;
2,332,727	2,560,985	228,258	Mercedes & Home Furnishings
(64,386,322)	(69,549,004)	(5,162,682)	1999 Tax Payment, investments
			(bought stock @PW on margin)
(120,512,632)	(104,236,611)	16,276,021	Decrease. in Deferred Tax Liab.
			due to decrease stock opt.:

Business Liabilities	(176,487)	(184,701)	(8,214)
			
NET WORTH	$302,389,932	$ 276,591,195	(25,798,737)

CONTINGENT LIABILITIES:

Ken and Linda have guaranteed a mortgage in the amount of $900,000 maturing on January 1, 2014
with an interest rate of 6.88% at Bank of America for their daughter, Robyn Vermeil. This loan is
collateralized by property appraised at $965,000 as of December 9, 1998.

Ken has also guaranteed three unsecured notes in the amounts of $185,000.00 maturing on May 27, 2000
and $1,200,000 plus $150,000 maturing on June 25, 2000 (totaling $1,535,000) at an interest rate
of 30-Day LIBOR +1.5% at Bank of America for his sister, Sharon Lay.

* Value based on FMV of partnership assets. No discount for partnership Interest is shown.

LAY-G39 0114

LBF002-00656

GOVERNMENT
EXHIBIT
  214
  Crim. No. H-04-25 (S-2)


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Page 2 of 10
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May 20, 2000

Kenneth L. & Linda P. Lay
BALANCE SHEET ANALYSIS
  As of: April 30, 2000

  Balance % of Total Assets % of Working Assets

  ASSETS
CURRENT ASSETS
  Cash on Hand:
  CASH ON HAND/BJONES
CASH ON HAND/SK
  CASH ON HAND/PSTOKES
CASH ON HAND/MSTURGIS
CASH ON HAND/LEONA
  Total Cash on Hand:

Checking Accounts:
  BANK OF AMERICA 0707
BANK OF AMER/LPL PROP
BANK OF AMER/STOKES
VECTRA BANK
  UNITY 109-900
Total Checking Accounts:

Money Market Accounts:
WASHINGTON DC ACCT
Total Money Market Accounts:
Brokerage Accounts:
  CHARLES SCH-CAPROCK/SCH-CR
GOLDMAN SACHS/GS-61
GOLDMAN SACHS/GS-42
  PAINE WEBBER MMA/PW-KLL
PAINE WEBBER CYPRESS/PW-98
PAINE WEBBER HB/PW-38
SANDERS MORRIS MMA/SMM-JT
WATERHOUSE SEC-MMA/WSI
Total Brokerage Accounts:

Savings Accounts:

  44.20
218.83
203.12
193.00
381.63
  1,040.78
-46,687.88
-3,664.17
2,213.93
3,397.73
4,963.09
-39,777.30

.0% .0
.0% .0
.0% .0
.0% .0
.0% .0
.0% .0
.0% .0
.0% .0
.0% .0
.0% .0
.0% .0
.0% .0

  90,000.00 .0%
90, 000.00 .0%

  142,126.17 .0%
36,850.00 ,~ .0%
36,933.46 . aL .0%
  3,426,765.00 .8%
-6,686.97 ~ .0%
35,717.11 .0%
  .98 .0%
1,041.43 .0%
3,672,747.18 .8%

ENRON CREDIT UNIONIKLL e""	44.55	.0%
Total Savings Accounts:	44.55	.0%
Treasury Bills:		
SAVINGS BONDS	2,400.00	.0%
Total Treasury Bills:	2,400.00	.0%
Short-term Receivables:		
ACCT RECV-TDH	410,000.00	.1%
ACCT RECV-TDH (AVALON)	171,550.04	.0%
ACCT RECV-MKL	190,278.26	.0%

Page 1

0
0

.0
.0
.0
.8
.0
.0
.0
.0
.8

0
0

.0
.0

.1
.0
.0

LAY-G39 0115

LBF002-00657


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Kenneth L. & Linda P. Lay
BALANCE SHEET ANALYSIS
  As of: April 30, 2000

  ACCT RECV-RENT DEP (#1000)
ACCT RECV-S. HOBBS
  ACCT RECV-D. HOBBS
ACCT RECV-RRH
  ACCT RECV-RRH (DICKEY)
ACCT RECV-BJONES
  ACCT RECV-RV
ACCT RECV-JWALLS
ACCT RECV-JAL
  ACCT RECV-E MCELROY
ACCT RECV-RANDY GRAY
ACCT RECV-Y2K ENERGY CO.
Total Short-term Receivables:

Balance
2,102.08
  112,500.00
112, 500.00
20, 000.00
135,000.00
106, 859.92
84,643.00
  957.12
7,878.89
4,350.00
60,00 0.00
I'll 0.000.00
2,529.119.31

  of Total Assets
.0%
.0%
.0%
.0%
.0%
.0%
.0%
.0%
.0%
  .0%
.0%
6%

  Notes Receivable:
  FAM PTRNS ANNUITY-2/KLL
FAM PTRNS ANNUITY-2/LPL
Total Notes Receivable:
TOTAL CURRENT ASSETS

MARKETABLE INVESTMENTS

Enron Corp.
Common Stock
Fayez Sarofim Mgmt.-Com
Sanders Morris Mundy-Com
Cypress Asset Mgmt.-Com.
Goldman Sachs-Com
Goldman Sachs-Internet
Caprock Capital Advisors
PaineWebber Core Hold.
Harris Bretall
Vested Exec Stock Options

May 20, 2000

% of Worlane, Assets
.0
.0
.0
.0
.0
.0
.0
.0
.0
0

0

730.081.17	.2% .2
728.707.10	.2% .2
1,458.788.27	.3% .3
7,714,362.79	1.7 1.7

S

110,629,700.02
10, 868,578.70
3,33 8,516.96
1,069,458.46
4,038,044.23
2,349,S75.66
1,548,076.40
  886,086.712
2,886,482.22
769,553.65
138,332,120.79

Page 2

LAY-G39 0116

LBF002-00658


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Kenneth L. & Linda P. Lay
BALANCE SHEET ANALYSIS
  As of: April 30, 2000

May 20, 2000

	Balancee	%o of Total Assets	% of Workin- Assets
DR RED DUKE INC 52,632 SHS	100,000.80	.0%	.0
ECOUTLOOK,COM 50,000 SH	200,000.00	.0%	.0
INDX SOFTWARE 18588/SMM-JT	50,001.72	.0%	.0
NET EXPLOR P2,000SH/SMM-JT	100,000.00	.0%	.0
OPENPLUS 7,500SH/SMM-JT	75,000.00	.0%	.0
QUESTIA MEDIA 558,306 SH	1,500,000.73	.3%	.3
Total Preferred Stocks:	2,025,003.25	.4%	.5
Corporate Bond-Convertibi:			
LAKEWOOD SPORT CONV/SMM-JT	52,250.00	.0%	.0
LAKEWOOD SPORT- 1/SMM-JT	52,250.00	.0%	.0
LAKEWOOD SPRT CONV2/SIV[M-JT	30,041.00	.0%	.0
EARTHCARE CO DEB/SMM-JT	100,000.00	.0%	.0
EARTHCARE CO 1534SH/SMM-JT	1,534.00	.0%	.0
Total Corporate Bond-Conveaibl:	236,075.00	.1%	.1
Mutual Funds:			
GS 1999 EXCH FND/GS	7,361,955.65	1.6	1.6
MUNDER NET 14389SH/PW-94	998,021.04	.2%	.2
PW STRATEGY FUND/PW-94	961,000.00	.2%	.2
TCW SELECT EQUITIES FUND	1,383,492.36	.3%	.3
TCW AGRESSIVE GRWTH/NB	891,304.20	.2%	.2
TCW AGRESSIVE GROWTH/NB	762,786.44	.2%	.2
TCW AGRESSIVE GROWTH 3/00	1,995,804.20	.4%	.4
TCW SMALL GROWTH FUND	1,680,263.15	.4%	.4
Total Mutual Funds:	16,034,627.04	3.6	3.6
Partnerships-other.			
KLL & LPL INVESTMENT PTRNS	50,753,148.00	11.3	11.3
KLL & LPL FAQ MY PTRNS	1,319,425.00	.3%	.3
Total Partnerships-other.	52,072,573.00	11.6	11.6
TOTAL MARKETABLE INVESTMENTS	347,084,772.10	77.0	77.5
LONG-TERM INVESTMENTS			
Residence: %'			
REAL ESTATE/HUN INGDON	9,792,024.91	2.2	2.2
REAL ESTATE/LOOSCAN	1.290.970.27	.3%	.3
Total Residence:	11,082,995.18	2.5	2.5

Page 3

Real Estate Other Homes:

REAL ESTATE/ASPEN	2,863,697.02	.6% .6
REAL ESTATE/B-3431	447,544.79	.1% .1
REAL ESTATE/SPRING ST	5,262,740.19	1.2 1.2
PIRATES' COVE LOTS	299,742.66	.1% .1
REAL ESTATE/B-3429	695,917.34	.2% .2

LAY-G39 0117

LBF002-00659


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Page 5 of 10
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Kenneth L. & Linda P. Lay
BALANCE SHEET ANALYSIS
  As of: April 30, 2000

May 20, 2000

	a a % o	f Total Assets % of Working Assets
REAL ESTATEIB-3433	859,132.60	.2% .2
REAL ESTATE/REBA	492,639.61	.1% .1
REAL E STATE/C REEKS TONE LOT	1,679,069.25	.4% .4
REAL ESTATE/WESTGATE	283,195.50	.1% .1
REAL ESTATE/2514 AVALON	233,421.38	.1% .1
Total Real Estate Other Homes:	13,167,100.34	2.9 2.9
Real Estate Active Rental:		
REAL ESTATE/1741SR	147,309.00	.0% .0
REAL ESTATE/1852MAR	104,044.97	.0% .0
REAL ESTATE/1856MAR	173,048.67	.0% .0'
REAL ESTATE/ 1918SR	243,231.08	.1% .l
REAL ESTATE/KINGS	190,000.00	.0%0 .0
REAL ESTATE/VIKING	60.000.00	.0%'0 .0
REAL ESTATE/MEXICO MO	240,026.00	.1% .1
Total Real Estate Active Rental:	1,157,659.72	.3 ;% .3
Real Estate Passive:		
13LENHEIM APARTS, LTD.	225,000.00	.0% .1
COLORADO OASIS LTD.	254,888.00	.1% 1
CREEKSTONE SOUTH RICE PTRS	300,000.00	.1%
.1
LAKE CHARLES APTS., LTD.	240,000.00	
.1
.1%
JESTER APTS PARTNERS,LP	470,000.00	.1% .1
TRAILSIDE APTS, LTD.	500,000.00	.1
MILAND INVESTMENTS LLC	643,328.60	
J.T.FAM,SR. INVEST., LTD.	289,080.00	.1% .1
W.E. TRADE INVESTMENT'S LTD	252,450.00	.1% .1
W.A.REHAUSENLOT INV LTD	118,561.00	.0% .0
Total Real Estate Passive:	3,293,307.60	.7% .7
Farming Interests:		
1IACRES ILLINOIS	4,500.00	.0% .0
Total Farming Interests:	4,500.00	.0% .0
Other Investment Passive:		
BROADWING, LLC	100,000.00	.0%% .0
CAPRICORN INVESTORS II LP	574,349.00	.1% .1
CAPRICORN INVESTORS III	241,718.00	
.1
.1%
CARSON PRIV CAP EUROPE LP	1,050,000.00	.2% .2
CARSON LEGEND LP	250,000.00	
.1
.1%
CORPORATE OPPT FUND/SMM-JT. '	264,000.00	
.1
.1%
DYMAXION APARTMENTS, LTD	22,422.00	.0% .0
CHAMPION L.L.C/SMM-JT	100,000.00	.0% .0
CON-EQUIP LLC/SMM-JT	100,000.00	.0% .0
CON-EQUIP II LLC/SMM-JT	43,600.00	.0% .0

Page 4

LAY-G39 0118

LBF002-00660


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May 20, 2000

Kenneth L. & Linda P. Lay	
BALANCE SHEET ANALYSIS	
	As of: April 30, 2000	
	Balance % of Total A	ssets % of Working Assets
ENVIR OPP 500,000SH/SMM-JT	289,000.00	.1% .1
ENVIRON OPP FUND II/SMM-JT	107,600.00	.0% .0
HOUSTON NFL HOLDINGS 2.5%	2,500,000.00	.6% .6
KESTREL VENTURES, LLC	59,920.00	.0% .0
MV PTRNS-CYBER DIALOGUE	346,500.00	.1% .1
SANDERS OPPORT FUND/SMM-JT	538,500.00	.1% .1
USA CAFE LLC/SMM-JT	3 0.52 6.00	.0% 0
Total Other Investment-Passive:	6,618.235.00	1.5 I S
TOTAL LONG-TERM INVESTMENTS	35,323.797.84	7.8 , >
RETIREMENT/DEFERRED ASSETS		
IRA:		
PAINS WEBBER-IRA/KLL-PW	66.742.30	.0% .0
Total IRA:	66, 742.30	.0% .0
IRA/Spouse:		
PAINE WEBBER-1RA'LPL-PW	66,526.74	.0% .0
Total IRA/Spouse:	66, 826.74	.0% .0

Retirement Plan:

ENRON-RETIREMENT	4,093,696.00	.9% .9
ENRON SAVINGS RO/PW401K	5,687,725.50	1.3 1.3
ENRON SAV RO MMA/PW401K	20,685.24	.0% .0
ENRON SCUD RO/PW-02	418,433.89	.1% .1
ENRON SAVINGS 401(K)	1,270,879.85	.3% .3
FID GROWTH CO 401(KyKLL	26,140.33	.0% .0
FID OTC 401(KyKLL	16,935.16	.0% .0
FID OVERSEAS 401(KYKLL	24,451.95	.0% .0
FID MAGELLAN 401(KYKI_L	61.206.92	.0% .0
MANULIFE ANN KLL/PW-R	3,211,975.00	.7% .7
MANULIFE ANN LPL/PW-R	2,266,644.02	.5% .5
Total Retirement Plan:	17,098,7/3.86	3.8 3.5
Deferred Compensat'n Plan:		
HNG PLAN-85 :	69,670.00	.0% .0
ENRON DEFERRED COMP-85	3,529,400.68	.8% .5
ENRON DEFERRED COMP-94	1,049,847.00	.2% .2
ENRON PHANTOM STOCK DEF	34,763,486.67	7.7 7.8
ELI LILLY DEFERRED COMP	1,232,846.60	.3% .3
Total Deferred Compensat'n Plan:	40,645,250.95	9.0 9.1
TOTAL RETIREMENT/DEFERRED ASSETS	57,877,593.85	12.8 12.9
TOTAL WORKING ASSETS	448,000,526.58	99.4 100.0
	i , do o ~QaD?	TouC a ' D~,ovS
PERSONAL/NON-EARNING ASSET		
Automobile(s):	,3(-2 ~o coo	

Pale 5

LAY-G39 0119

LBF002-00661


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	Kenneth L. & Linda P. Lay	
BALANCE SHEET ANALYSIS	
	As of: April 30, 2000	
	Balance % of Total As	sets
90 JEEP WRANGLER	6,825.00	.0%
92 4WD JEEP CHEROKEE	11,750.00	.0'%,
93 MERCEDES 600SL	63,975.00	.0%
95 LT SUBURBAN CHEVY	21,365.22	.0%
96 RANGE ROVER	43,525.00	.0%
99 MERCEDES ML430	52,693.33	.0%
97 SUBURBAN CHEVY	29,893.30	.0%
00 MERCEDES S500V	98,701.59	.0%
00 MERCEDES ML55	73,348.19	.0%
00 MERCEDES 0500 LWB	149,176.18	.0%
00 YELLOW JEEP WRANGLER	23,259.26	.0%
00 SILVER JEEP WRANGLER	23,303.14	.0,/0
00 RED JEEP WRANGLER	22.450.70	.0%
Total Automobile(s):	620,265.91	.10/0

Home Furnishings:

HOME FURNISHINGS/HUNT	1,142,14 7.66	.3%
HOME FURNISENGS/LOOSCAN	42,025.59	.0%
HOME FURNISHINGS/ASPEN	138,984.11	.0%
HOME FURNISHINGS/B-3431	163,984.20	.0%
HOME FURNISHINGS/B-3429	80,833.15	.0%
HOME FURNISHINGSB-3433	93,818.41	.0%
HOME FURNISHINGS/SPRING	158,863.51	.0%
Total Home Furnishings:	1, 820, 65 6.63	.4%
Other Vehicles & Equip:		
BW 21' OUTRAGE BOAT	49,327.00	.0%
DUFFY 18' ELECTRIC BOAT	14,131.25	.0%
HURRICANE 19'	22,695.14	.0%
SPIRIT CANOE	406.43	.0%
SUPER SPORT BOAT 1997	33,502.74	.0%
Total Other Vehicles & Equip:	120,062.56	.0%
TOTAL PERSONAL/NON-EARNING ASSET	2,560,985.10	.6%
TOTAL ASSETS	450,561,511.68	100.0

  LIABILITIES
CURRENT LIABILITIES
Credit Cards:
  AMER. EXPRESS/RL
AMERICAN EXPRESS
MASTERCARD 5551
NEIMAN MARCUS 1314
NEIMAN MARCUS 7487
VISA GOLD 4151

-26,018.06
-41,495.95
  4,272.72
-46,658.66
-213.57
5,244.87

Page 6

May 20, 2000

  o f Working Assets

.0% .0
.0% .0
.0% .0
.0% .0
.0% .0
.0% .0

LAY-G39 0120

3F002-00662


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May 20, 2000

  Kenneth L. & Linda P. Lay w J~
BALANCE SHEET ANALYSIS r
  As of: April 30, 2000

  Balance % of Total Assets % of Worldna Assets
Total Credit Cards: -104,868.65 .0% .0

Notes Payable:

CHASE BANK LOC	6,867,000.00	1.5 1.5
COMPASS BANK LOC	5,689,871.12	1.3 1.3
ENRON CORP. LOAN	3,600,000.0	0 1 .8% .8
BANK OF AMER$37.5MNON	2 ,, =3~?34999-56)~+~~~1,.4 7.4
PAINE WEBB ER-LOC/PW-97	15,181,312.12	+ 2 5'uof Do0 3.4 3.4
ACCT PAYABLE (ST)-ENRON	253,962.65	L~r Spy oW) .1% .1

Total Notes Payable:	
64,827,145.45	i
----74.4 14.5
		v
Security Deposits:		
SEC DEPOSIT/Z- 1918SR	1,550.20	.0
SEC DEPOSIT/Z-1856MAR	125.00	.0%a .0
SEC DEPOSIT/Z-MCDUF	150.00	.0% .0
Total Security Deposits:	1,825.20	.0% .0
Margin Acct Liability.		
PANE WEBBER MARGIN/PW-99	1,569,131.72	.3% .4
PAINS WEBBER MARGINIPW-94	3,255,770.28	.7% .7
Total Margin Acct Liability:	4,824,902.00	1.1 1.1
TOTAL CURRENT LIABILITIES	69,549,004.00	15.4 15.5
LONG-TERM LIABILITIES		
Home Mortgage:		
BANK OF AMER/LOOSCAN	623,407.55	.1% .1
BANK OF AMER/HUNTINGDON	4,406,420.31	1.0 1.0
BANK OF AMER/HUNT #2 LIEN	494,539.79	.1% .1
BANK OF AMER/HUNT #3 LIEN	495,520.27	.1% .1
Total Home Mortgage:	6,019,887.92	1.3 1.3

Other Real Estate Mtge:

BANK OF AMER/ASPEN	1,525,267.39	.3% .3
CITICORP MORTGAGE/B-3431	202,233.17	.0% .0
BANK OF AMER/LOTS -	101,153.24	.0% .0
BANK OF AMER/B-3429	244, 807.62	.1% .1
BANK OF AMERIB-3433	530,628.32	.1% .i
BANK OF AMER/REBA	322,660.73	.1% .1
BANK OF AMER/2514 AVALON	225,000.00	.0% .1
BANK OF AMER/CREEKSTONE	1,200,000.00	.3% .3
BANK OF AM/SPRING ST	4,308.919.39	1.0 1.0
Total Other Real Estate Mtge:	8,660,669.86	1.9 1.9

Investment Liabilities:
  BANK OF AMER/WESTGATE LOT 191,250.00 .0 .0

LAY-G39 0121

Page 7

q, 25 `6, D D

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Kenneth L. & Linda P. Lav
BALANCE SHEET ANALYSIS
  As of: April 30, 2000

  Balance % of Total Assets
BK OF AM/CREDIT FACILITY 2,500,000.00 .6%
Total Investment Liabilities: 2.691,250.00 .6%

  Deferred Tax Liabilities:
  DEF TAX LIAB-STK OPT ONLY
Total Deferred Tax Liabilities:
TOTAL LONG-TERM LIABILITIES

BUSINESS LIABILITIES
Employer Taxes/Bus:
  FICA WITHHELD-EE (TX)
FICA WITHHELD-LPL ER(TX)
FIT WITHHELD-EE (TX)
  FIT WITHHELD-LPL EE(TX)
SIT WITHHELD-EE (MO)
SIT WITHHELD-EE (HH-CO)
  Total Employer Taxes/Bus:

  Accrued FICA Tax/Business:
FICA PAYABLE-ER (TX)
FICA PAYABLE-LPL ER(TX)
  Total Accrued FICA Tax/Business:
TOTAL BUSINESS LIABILITIES
TOTAL LIABILITIES

  NET WORTH
TOTAL NET WORTH
TOTAL LIABILITIES AND NET WORTH

Nlav 20, 2000

  of Worldn- Assets
.6
.6

86.864, 803.60	19.3	19.4
86,864,803.60	19.3	19.4
104,236,611.38	23.1	23.3
41,202-90	.0%	.0
5,32 7.76	.09/0	.0
82.052.62	.0%	.0
9,068.00	.0%	.0
355.20	.090	.0
162.00	.0%	.0
138.168.48	.0%	.0
41, 204.77	.00/0	.0
5,327.76	.0%	.0
46,532.53	.0%	.0
184,701.01	.0%	.0
173,970,316.39	38.6	38.8
276.59 1,195.29	61.4	61.7
450,561.511.68	100.0	

  r
  i Dp'K

LAY-G39 0122

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LAY-G39 0123

LBF002-00665