Spreadsheet: tracy_geaccone__40570__MMF2000
Sheet: 9912

MODIFIED MASSACHUSETTS FORMULA CALCULATION |  |  |  |  |  |  |  |  | 3/31/2000
AS OF12/31/2000
 |  |  | GROSS PLANT, |  | INVEST & |  | GROSS
 |  |  | PROPERTY & |  | EQTY EARNINGS |  | MARGINS |  | ACTUAL
 |  |  | EQUIPMENT |  | OF UNCON SUBS |  | 12 MOS ENDED |  | PAYROLL |  | MMF
 | CO. # |  | 12/31/2000
ENRON TRANSPORTATION SERVICES
Transwestern Pipeline Company (060) | TPAMI2 |  | 987107218 |  | 0 |  | 149537983 |  | 18719383
Florida Gas Transmission Company | 062 | A | 885505957 |  | 0 |  | 148420451 |  | 18392218
Northern Border Pipeline | 141 | B | 2378892000 |  | 0 |  | 311022000 |  | 12366896.11
Northern Natural Gas Company | 179/53K |  |  |  | 0 |  | 491832904 |  | 80031983
Enron Pipeline Operations | EPLGR2 |  | 0 |  | 0 |  | 4535688 |  | 0
LRC Operations | 583 |  | 0 |  | 0 |  | 589291 |  | 1035467
[NAME] | 584 |  | 0 |  | 0 |  | 2735217 |  | 6013246
Pan Border Gas | 284 |  | 0 |  | 26199380 |  | 0 |  | 0
Sundance NPNG | 47A |  | 0 |  | 83503412 |  | 0 |  | 0
Enron Trialblazer | 183 |  | 0 |  | 48163371 |  | 0 |  | 0
Other | SALOT2 |  | 0 |  | 0 |  | 617809
TOTAL ETS
PORTLAND GENERAL | PGE2 |  |  | (1) | 0 |  |  | (1) | 112946841.54
Clean Fuels | CLNFU2 |  | 106860672 |  | 0 |  | 78142245 |  | 14775137
Enron Oil Trading & Transportation | 105 |  | 0 |  | 38259682 |  | 0 |  | 62396152
EOTT accounting entity | 23Q |  | 0 |  | 26371709 |  | 0 |  | 0
ENRON NORTH AMERICA | EGSVC2 |  |  | (1) | 925287057 |  |  | (1) | 283081061
ENRON GLOBAL MARKETS | EGBLM2 |  | 67175084 |  | 250886861 |  | 92577058 |  | 38611013
ECT INTERNATIONAL | ECINT2 |  | 312326803 |  | 107629850 |  | 724005172 |  | 219136568
RETAIL GROUP | [NAME] |  | 429656904 |  | 143380962 |  | 649861999 |  | 242331868
ENRON GLOBAL E&P | EGEPG2 |  | 724505895 |  | 0 |  | 136842650 |  | 15857331
ENRON BROADBAND | ECI2 |  | 838606978 |  | 23905261 |  | 318373434 |  | 113956789
ENRON GLOBAL FINANCE | ECMC2 |  | 870909 |  | 563320581 |  | 400014123 |  | 20231650
ENRON INVESTMENTS | IVEST2 |  |  | (1) | 361809595 |  |  | (1) | 214430198
POWER GENERATION | EENGC2 |  | 28507692 |  | 0 |  | 68444979 |  | 104964399
APACHE | [NAME] |  | 609640266 |  | 308829436 |  | 88469576 |  | 27277878
CALME | CALME2 |  | 272986641 |  | 72295415 |  | 135337692 |  | 19070448
SOUTH AMERICA | ESACNS2 |  | 915558457 |  | 1069471716 |  | 335590521 |  | 46418686
INDIA | INDIA2 |  | 40812070 |  | 692747217 |  | 3557537 |  | 8796473
ENRON NETWORKS | ENTWK2 |  | 17370045 |  | 0 |  | 53782328 |  | 26328513
TOTAL [NAME] FACTORS
(1) These Gross PP&E and Gross Margin amounts are net of related Valuation companies
EXCLUDED COSTS FOR [NAME] CALCULATION:
VALUATION ADJUSTMENT COMPANIES:
Corp & Other Valuation Adj. | 090 |  | 23380577 |  | 0 |  | 0 |  | 0
Texas Intrastate Valuation Adj. | 091 |  | 2621632150 |  | 0 |  | 0 |  | 0
Portland General Fair Value | 20U |  | -1428031087 |  | 0 |  | 0 |  | 0
[NAME]: (See Notes)
Northern Plains Natural Gas Company | 172 | B | 0 |  | 21331604 |  | 0 |  | 6697401
Citrus Corp. | 372 | A | 0 |  | 530110883 |  | 0 |  | 0
Sub-total Before Eliminating Entries
Consolidating and Eliminating J/E's |  |  | 0 |  | 0 |  | -183537168 |  | 0
Total
Reconciliation |  |  | Per Hyperion |  | Per Hyperion |  | Per Hyperion |  | Per Payroll
 |  | Control Totals | 15459259587 |  | 5293503992 |  | 6272063102
(A) FGT Incl. @100%-Excl. [NAME]. on 372
(B) NBPL INCL.@  100% - Excl. NPNG Invest. on 172
Portland General @ 100%
EOTT
Other |  |  | 0 |  | 0 |  | 0
 | Check
Actual Payroll = Base Pay