Spreadsheet: mike_grigsby__27701__MikeP&L_05_10
Sheet: Sheet1

ENRON CAPITAL AND TRADE RESOURCES
DAILY POSITION STATEMENT |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Approval:
RISK BOOKS
2001-05-10 00:00:00
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | SUBTOTAL |  | GRAND  TOTAL
 |  | GD New Swaps |  | Price |  | Basis |  | Basis Option |  | GD New Swaps - JR |  | Price - JR |  | Basis - JR |  | Swaps |  | Gas Daily New
Post ID |  | 1134423 |  | 1134427 |  | 1134425 |  |  |  | 1134430 |  | 1134434 |  | 1134433
[NAME])  (Million MMbtu)
2001-05-10 00:00:00
Volatility Factor (d) |  | 1 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 1 |  | 1
Net NPV Position |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | #REF! |  | #REF!
Price Equivalent Net NPV Position |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | #REF! |  | #REF!
Net NPV Position (MM Bbls)
Net NPV Position (C $)
Gross Purchases Position |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | #REF! |  | #REF!
Gross Sales Position |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | #REF! |  | #REF!
Net Notional Position |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | #REF! |  | #REF!
Through May 31, 1999
Gross Purchases Position |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | #REF! |  | #REF!
Gross Sales Position |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | #REF! |  | #REF!
Net Notional Position |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | #REF! |  | #REF!
Change since May 31, 1999 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | #REF! |  | #REF!
[NAME]  (in thousands)
2001-05-10 00:00:00
Gross Book Balance |  | 7119058.955800001 |  | -352677569.8062 |  | 331656198.4080001 |  | 0 |  | -201936.7587 |  | 466608.4647 |  | -10022786.9238 |  | -23660427.66019998 |  | -23660427.66019998 |  |  | GD-NEW and GD-NEW JR FINANCIAL: MTD and YTD |  |  |  | TOTAL | NYMEX
Prudence |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  | GD Swaps | Basis | Price | Total | Overage Granted | Overage
Liquidated |  | 154495201.8269 |  | 19694853.453 |  | 247516347.2859001 |  | 0 |  | -2113668.7917 |  | -1231748.6704 |  | 17442173.2945 |  | 435803158.3982 |  | 435803158.3982 |  | 2001-01-01 00:00:00 | 26991883.9793 | -1159961.996500001 | -53470.50050000002 | 25778451.4823 | 1263208 | ?
LTD Gross Recognized Balance |  | 161614260.7827 |  | -332982716.3532 |  | 579172545.6939001 |  | 0 |  | -2315605.5504 |  | -765140.2056999999 |  | 7419386.3707 |  | 412142730.7380001 |  | 412142730.738 |  | 2001-02-01 00:00:00 | -21104867 | 516722998 | -349735363 | 145882768 | 2583578.2 | ?
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2001-03-01 00:00:00 | -7794738.4579 | 60684374.54550005 | 13758758.54460001 | 66648394.63220005 | 16698 | ?
2001-05-10 00:00:00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2001-04-01 00:00:00 | 1849931.113900003 | -229148534.4526 | -10757906.5357 | -238056509.8744 | 28178023.25 | 0
Originated Transactions |  | 0 |  | 0 |  | 6780 |  | 0 |  | 0 |  | 0 |  | 339 |  | 7119 | 6.78 | 7119 |  | 2001-05-01 00:00:00 | -19017800.7841 | -89270578.36799999 | 2594224.3441 | -105694154.808 | 7118.7 | 0
Hedge management |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2001-06-01 00:00:00
New Deals |  | -170907.0765 |  | 1851170.435 |  | 1594595.177 |  | -2012327 |  | -45475 |  | -122197.0845 |  | -123703.7816 |  | 2983482.6694 |  | 971155.6694000004 |  | 2001-07-01 00:00:00
Change in Price |  | -17217131.5905 |  | 158036.2562999998 |  | 455098.03 |  | 342103 |  | 0 |  | 705614.5440000001 |  | 20992.24 |  | -15877390.5202 |  | -15535287.5202 |  | 2001-08-01 00:00:00
Change in Basis Price |  | 0 |  | 0 |  | -89931621.5386 |  | 0 |  | 0 |  | 0 |  | -1242591.179500001 |  | -91174212.7181 |  | -91174212.7181 |  | 2001-09-01 00:00:00
Change in Index Price/Gas Daily |  | 0 |  | 0 |  | 0 |  | 0 |  | -1584287.1171 |  | 0 |  | 0 |  | -1584287.1171 |  | -1584287.1171 |  | 2001-10-01 00:00:00
Gamma |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 2001-11-01 00:00:00
Change in Implied Volatility (Vega) |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 2001-12-01 00:00:00
Theta |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  | -19075591.1488 | 257828297.7284001 | -344193757.1475 | -105441050.5678999 | 32048626.15
Change in Time |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Broker Fees |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | GD-NEW |  |  | GD-NEW JR
Total Hedge Management |  | -17388038.667 |  | 2009206.6913 |  | -87881928.3316 |  | -1670224 |  | -1629762.1171 |  | 583417.4595000001 |  | -1345302.7211 |  | -105652407.686 |  | -107322631.686 |  | Daily - Financial | -952122.6501999936 |  | Daily - Financial | -1380627.8448
Change in Price Prudence |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | Daily - Physical | -5737823.947879395 |  | Daily - Physical | 0
Other Changes |  | 0 |  | 1600.1933 |  | -50943.7066 |  | 0 |  | 0 |  | 0 |  | 477.3912999999999 |  | -48866.122 |  | -48866.122 |  | Total Daily P&L | -6689946.598079388 |  | Total Daily P&L | -1380627.8448
MTD Income (Loss) |  | -17388038.667 |  | 2010806.8846 |  | -87926092.03819999 |  | -1670224 |  | -1629762.1171 |  | 583417.4595000001 |  | -1344486.3298 |  | -105694154.808 |  | -107364378.808 | -107371497.508
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Monthly - Financial | -104973547.8206 |  | Monthly - Financial | -2390830.9874
2001-05-10 00:00:00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Monthly - Physical | -35336036.32699123 |  | Monthly - Physical | 0
Gross Book Balance (including Current Month Rho & Drift) |  | -3924297.4448 |  | -352233781.9543 |  | 245450114.5964 |  | -1670224 |  | -1457625 |  | 1052139.2619 |  | -11377604.2982 |  | -122491054.839 |  | -124161278.839 |  | Total Monthly P&L | -140309584.1475912 | -140316702.8475912 | Total Monthly P&L | -2390830.9874
Current Month: Rho |  | 7080.9026 |  | -1099101.3816 |  | 1111416.4104 |  | 0 |  | -0.3128 |  | 593.5645000000001 |  | -414.9661000000001 |  | 19574.21699999988 |  | 19574.21699999988
Drift |  | 10479.0838 |  | -467918.1263000001 |  | 608591.8009 |  | 0 |  | -25.8114 |  | 1519.7732 |  | -9916.1579 |  | 142730.5623 |  | 142730.5623 |  | YTD - Financial | -162477330.9266999 |  | YTD - Financial | -10053473.2934
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | YTD - Physical | 75981460.67300877 |  | YTD - Physical | 0
Gross Book Balance (excluding Current Month Rho & Drift) |  | -3924297.4448 |  | -352233781.9543 |  | 245450114.5964 |  | -1670224 |  | -1457625 |  | 1052139.2619 |  | -11377604.2982 |  | -122491054.839 |  | -124161278.839 |  | Total YTD P&L | -86495870.25369114 | -118544496.4036911 | Total YTD P&L | -10053473.2934
Prudence |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |  | 0 | 0 | 0 |  |  | .
Liquidated |  | 148150519.8405 |  | 21261872.9609 |  | 245796339.0746001 |  | 0 |  | -2487742.6675 |  | -1233862.0081 |  | 17452504.4185 |  | 428939631.6189001 |  | 428939631.6189001 |  | 2001-02-23 00:00:00 | Socal Transport Prudency (Physical) |  | -100000000
Gross Recognized Balance |  | 144226222.1157 | -0.4752000570297241 | -330971909.4686 | -0.01530003547668457 | 491246453.6557001 | 0 | -1670224 | 0 | -3945367.6675 | 1.164153218269348e-10 | -181722.7461999998 | -0.07940000295639038 | 6074900.040899999 |  | 306448575.93 | -0.8499000668525696 | 304778351.93 |  | 2001-02-26 00:00:00 | Socal Transport Prudency (Physical) |  | 100000000
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2001-03-28 00:00:00 | Socal Liquidity |  | -75000000
LTD Through December 31, 2000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2001-03-30 00:00:00 | Socal Liquidity |  | -75000000
Gross Recognized Balance | -0.4493999999249354 | 163874974 |  | 21045961 | 0 | 280386939 | 0 | 0 | 0 | 3271138 | 0 | -967532 | 0 | 9697676 |  | 477309156 |  | 477309156
 | 0.2800000011920929 |  | 0.4752000570297241 |  | 0.01530003547668457 |  | 0 |  | 0 |  | 0 |  | -0.9205999970436096 |  |  |  | -0.1500999331474304
2001-05-10 00:00:00
Gross Book Balance |  | -3465052.4448 |  | -360903133.9543 |  | 156055545.5964 |  | -1670224 |  | -1867164 |  | 2219608.2619 |  | -12104218.2982 |  | -220064414.839 |  | -221734638.839
Prudence |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Liquidated |  | -16183699.15950003 |  | 8885263.960900001 |  | 54803969.07460007 |  | 0 |  | -5349341.6675 |  | -1433799.0081 |  | 8481441.418500002 |  | 49203834.61890005 |  | 49203834.61890005
Gross Recognized Balance |  | -19648751.60430003 |  | -352017869.9934 |  | 210859514.6710001 |  | -1670224 |  | -7216505.6675 |  | 785809.2538000003 |  | -3622776.879699998 |  | -170860580.2200999 |  | -172530804.2200999 |  | TOTAL SCHEDULE C ADJUSTMENT: |  |  | -150000000
Income (Loss) from Today's....
Originated Transactions |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Hedge management
New Deals |  | 5984.496000000014 |  | 0 |  | 0 |  | 0 |  | -163050 |  | -102559.3009 |  | -33312.90119999999 |  | -292937.7061 |  | -292937.7061
Change in Price |  | -1663054 |  | -127250.8446000001 |  | 14311.67 |  | 12233 |  | 0 |  | -149188.7887 |  | 6676.79 |  | -1918505.1733 |  | -1906272.1733
Change in Basis Price |  | 0 |  | 0 |  | 804139.2363000065 |  | 0 |  | 0 |  | 0 |  | -560566.8174 |  | 243572.4189000065 |  | 243572.4189000065
Change in Index Price/Gas Daily |  | 0 |  | 0 |  | 0 |  | 0 |  | -379025 |  | 0 |  | 0 |  | -379025 |  | -379025
Gamma |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Change in Implied Volatility (Vega) |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Theta |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Change in Time |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Broker Fees |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Total Hedge Management |  | -1657069.504 |  | -127250.8446000001 |  | 818450.9063000066 |  | 12233 |  | -542075 |  | -251748.0896 |  | -587202.9286000001 |  | -2346895.460499994 |  | -2334662.460499994
Change in Price Prudence |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Other Changes |  | 0 |  | -693.8908999999999 |  | 2207.682999999997 |  | 0 |  | 0 |  | 0 |  | 398.1734 |  | 1911.965499999998 |  | 1911.965499999998
Total Daily Income (Loss) |  | -1657069.504 |  | -127944.7355000001 |  | 820658.5893000065 |  | 12233 |  | -542075 |  | -251748.0896 |  | -586804.7552000001 |  | -2344983.494999994 |  | -2332750.494999994
LTD Gross recognized as of prior day |  | 145883291.6197 | -0.4760000109672546 | -330843964.7331 | -0.01859992742538452 | 490425795.0664001 | 0 | -1682457 | 0 | -3403292.6675 | 1.164153218269348e-10 | 70025.34340000025 | -0.07530000060796738 | 6661704.7961 |  | 308793559.4250001 | -0.321899950504303 | 307111102.4250001 |  | 36948 | Socal Transport Prudency (Physical) |  | 100000000
Prior Day Origination |  | 0 |  | 0 |  | 6780 |  | 0 |  | 0 |  | 0 |  | 339 |  | 7119 | 6.78 | 7119 |  | 37012 | -16818656.2801 | -89504432.2021 | 2973917.1692 | -103349171.313 | 7118.7 | 0
Prior Day Hedge Management |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 37043
Prior Day New Deals |  | -176891.5725 |  | 1851170.435 |  | 1594595.177 |  | -2012327 |  | 117575 |  | -19637.7836 |  | -90390.8804 |  | 3276420.3755 |  | 1264093.3755 |  | 37073
Prior Day Change in Price |  | -15554077.5905 |  | 285287.1009 |  | 440786.36 |  | 329870 |  | 0 |  | 854803.3327000001 |  | 14315.45 |  | -13958885.3469 |  | -13629015.3469 |  | 37104
Prior Day Change in Basis Price |  | 0 |  | 0 |  | -90735760.7749 |  | 0 |  | 0 |  | 0 |  | -682024.3621000005 |  | -91417785.13700001 |  | -91417785.13700001 |  | 37135
Prior Day Change in Index Price |  | 0 |  | 0 |  | 0 |  | 0 |  | -1205262.1171 |  | 0 |  | 0 |  | -1205262.1171 |  | -1205262.1171 |  | 37165
Prior Day Gamma |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 37196
Prior Day Change in Implied Volatility |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 37226
Prior Day Theta |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  | -16876446.6448 | 257594443.8943 | -343814064.3224 | -103096067.0728999 | 32048626.15
Prior Day Change in time |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Prior Day  Broker Fees |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | GD-NEW |  |  | GD-NEW JR
Prior Day Hedge Management - Total |  | -15730969.163 |  | 2136457.5359 |  | -88700379.2379 |  | -1682457 |  | -1087687.1171 |  | 835165.5491000002 |  | -758099.7925000004 |  | -103305512.2255 |  | -104987969.2255 |  | Daily - Financial | 7001759.112299995 |  | Daily - Financial | 1454976.8246
Prior Day Prudency |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | Daily - Physical | -2248370.85340952 |  | Daily - Physical | 0
Prior Day Other |  | 0 |  | 2294.0842 |  | -53151.3896 |  | 0 |  | 0 |  | 0 |  | 79.21789999999993 |  | -50778.0875 |  | -50778.0875 |  | Total Daily P&L | 4753388.258890475 |  | Total Daily P&L | 1454976.8246
Zero Out-LTD Gross recognized as of prior day | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | -1.164153218269348e-10 | 0
Zero Out-Prior Day Origination |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  | 0
Zero Out-Prior Day Hedge Management
Zero Out-Prior Day Change in New Deals |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  | 0
Zero Out-Prior Day Change in Price |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  | 0
Zero Out-Prior Day Change in Basis Price |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  | 0
Zero Out-Prior Day Change in Index Price |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  | 0
Zero Out-Prior Day Gamma |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  | 0
Zero Out-Prior Day Change in Implied Volatility |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  | 0
Zero Out-Prior Day Theta |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  | 0
Zero Out-Prior Day Change in Time |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  | 0
Zero Out-Prior Day  Broker Fees |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  | 0
Zero Out-Prior Day Hedge Management - Total |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  | 0
Zero Out-Prior Day Prudency |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  | 0
Zero Out-Prior Day Other |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  | 0