Spreadsheet: tracy_geaccone__40358__FORMAT_4QF10_ECF_STORAGE
Sheet: Format

ENRON CLEAN FUELS - MONT BELVIEU STORAGE & GRID
2001 FOURTH QUARTER FORECAST: {October}
RESULTS OF OPERATIONS
(Millions of Dollars)
 |  |  | JAN |  | FEB |  | MAR |  | APR |  | MAY |  | JUN |  | JUL |  | AUG |  | SEP |  | OCT |  | NOV |  | DEC |  | TOTAL
Operating Revenues |  |  | 0.7 |  | 0.9 |  | 1.2 |  | 1 |  | 1.1 |  | 1.1 |  | 1.4 |  | 1.4 |  | 1.3 |  | 1.4 |  | 1.4 |  | -6.9
Cost of Sales |  |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
GROSS MARGIN
Operating & Processing Expense
 | Operation & maintenance |  | 0.6 |  | 1.1 |  | 0.7 |  | 0.8 |  | 0.8 |  | 0.8 |  | 0.8 |  | 0.7 |  | 0.4 |  | 0.6 |  | 0.6 |  | -2.9
 | Compressor fuel expense |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 | Lease and well expense |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 | Oil & gas exploration expenses |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 | Transmission/compression & storage |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 | Depreciation, depletion & amortization |  | 0.1 |  | 0.1 |  | 0.1 |  | 0.1 |  | 0.1 |  | 0.1 |  | 0.2 |  | 0.2 |  | 0.1 |  | 0.2 |  | 0.2 |  | -0.9
 | Amortization of fair value adjustment |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 | Taxes other than income |  | 0 |  | 0 |  | 0.1 |  | 0 |  | 0 |  | 0.1 |  | 0 |  | 0 |  | 0.1 |  | 0 |  | 0 |  | -0.1
 |  | Total
OPERATING INCOME
Other Income (Deductions)
 | Equity earnings |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 | Minority interest - EREC / EES |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 | Dividend and Interest income |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 | Gain (Loss) on sale of assets |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0.8 |  | -0.8 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 | Other |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 |  | Total
INCOME BEFORE INTEREST & TAXES
Interest Expense
 | Interest expense - Third Party |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 | Interco interest expense/(income)  - Capital Charge |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 | Interco interest expense/(income)  - Other |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 | Capitalized interest/AFUDC |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 |  | Total
Minority Interest
 | Structured Transactions |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 | Other |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 |  | Total
Perpetual Preferred Dividends |  |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
INCOME BEFORE INCOME TAXES
Income Taxes
 | Payable currently |  | 0 |  | -0.1 |  | 0 |  | 0.1 |  | -0.1 |  | 3.6 |  | -0.3 |  | 0.2 |  | 0.3 |  | 0.2 |  | 0.2 |  | -0.9
 | Payment deferred |  | 0 |  | 0 |  | 0.1 |  | 0 |  | 0.1 |  | -3.3 |  | 0.1 |  | 0 |  | 0 |  | 0 |  | 0 |  | -0.1
 |  | Total
NET INCOME