Exhibit 99(d)(2)

TXU Electric Delivery Transition Bond Company LLC

Series 2004-1 Transition Bonds

Statement of Outstanding Balances

as of December 31, 2005

(reflects actual payments made)



|             |  |                             |            |                          |   |                     |  |   |            
|------------ |  | --------------------------- | ---------- | ------------------------ | - | ------------------- |  | - | -----------
|Payment Date |  | Scheduled Principal Payment |            | Actual Principal Payment |   | Outstanding Balance
|06/07/04     |  |                             |            |                          |   |                     |  | $ | 789,777,000
|11/15/04     |  | $                           | 9,497,122  |                          | $ | 9,497,122           |  | $ | 780,279,878
|05/15/05     |  | $                           | 24,931,710 |                          | $ | 24,931,710          |  | $ | 755,348,168
|11/15/05     |  | $                           | 29,612,875 |                          | $ | 29,612,875          |  | $ | 725,735,293
|05/15/06     |  | $                           | 26,001,686 |                          |   |                     |  |   |            
|11/15/06     |  | $                           | 30,518,702 |                          |   |                     |  |   |            
|05/15/07     |  | $                           | 27,068,916 |                          |   |                     |  |   |            
|11/15/07     |  | $                           | 31,965,647 |                          |   |                     |  |   |            
|05/15/08     |  | $                           | 28,029,697 |                          |   |                     |  |   |            
|11/15/08     |  | $                           | 32,379,952 |                          |   |                     |  |   |            
|05/15/09     |  | $                           | 28,670,797 |                          |   |                     |  |   |            
|11/15/09     |  | $                           | 34,010,045 |                          |   |                     |  |   |            
|05/15/10     |  | $                           | 29,909,541 |                          |   |                     |  |   |            
|11/15/10     |  | $                           | 35,653,605 |                          |   |                     |  |   |            
|05/15/11     |  | $                           | 31,484,179 |                          |   |                     |  |   |            
|11/15/11     |  | $                           | 37,278,430 |                          |   |                     |  |   |            
|05/15/12     |  | $                           | 33,135,283 |                          |   |                     |  |   |            
|11/15/12     |  | $                           | 38,933,171 |                          |   |                     |  |   |            
|05/15/13     |  | $                           | 34,894,486 |                          |   |                     |  |   |            
|11/15/13     |  | $                           | 40,843,190 |                          |   |                     |  |   |            
|05/15/14     |  | $                           | 36,895,349 |                          |   |                     |  |   |            
|11/15/14     |  | $                           | 42,915,221 |                          |   |                     |  |   |            
|05/15/15     |  | $                           | 39,006,143 |                          |   |                     |  |   |            
|11/15/15     |  | $                           | 45,007,615 |                          |   |                     |  |   |            
|05/15/16     |  | $                           | 41,133,638 |                          |   |                     |  |   |