Spreadsheet: tracy_geaccone__40469__Functional Income 2001
Sheet: ETS

 | FUNCTIONAL INCOME | NNG | TW | Citrus | NBP | GCO/HPL | ETS | Other | Total | Consol | Enron
 | ORIGINAL PLAN | 2001 | 2001 | 2001 | 2001 | 2001 | 2001 | 2001 | 2001 | 2001 | 2001
 |  | Plan | Plan | Plan | Plan | Plan | Plan | Plan | Plan | Plan | Plan
Commercial
Margins
 | [NAME]
 | Demand | 342 |  | 0 | 272.5 | 0 | 0 | 0
 | Commodity | 36.7 | 12.4 | 0 | 6.9 | 0 | 0 | 0
 | Demand - FTS - 1 | 0 | 0 | 123.1 | 0 | 0 | 0 | 0
 | Commodity - FTS - 1 | 0 | 0 | 9.4 | 0 | 0 | 0 | 0
 | Demand - FTS - 2 | 0 | 0 | 139.9 | 0 | 0 | 0 | 0
 | Commodity - FTS - 2 | 0 | 0 | 3.2 | 0 | 0 | 0 | 0
 | Demand - Phase IV | 0 | 0 | 50.4 | 0 | 0 | 0 | 0
 | Commodity - Phase IV | 0 | 0 | 1 | 0 | 0 | 0 | 0
 | IT | 0 | 0 | 0 | 1.8 | 0 | 0 | 0
 | Other - IT, SFTS, PNR, Western | 0 | 0 | 3.4 | 0 | 0 | 0 | 0
 | Storage | 37 | 0 | 0 | 0 | 0 | 0 | 0
 | Structured Products | 7.7 | 0 | 0 | 0 | 0 | 0 | 0
 | New Deals | 5.5 | 0 | 0 | 0 | 0 | 0 | 0
 | Shared Cost Surcharge | 0 | 9.8 | 0 | 0 | 0 | 0 | 0
 | Provision for Billing Refund | 0 | 0 | 0 | 28.8 | 0 | 0 | 0
 | TC & S Costs | 0 | 0 | -6.6
 | Other - Penalties | 1 | -0.3 | 0 | 0 | 0 | 0 | 0
 | - PPA | 0 | 0 | 0 | 0 | 0 | 0 | 0
 | - Other | 0.3 | 0 | 0 | 0 | 0 | 0 | 0
 | Other Revenues:
 | Black Mesa | 0 | 0 | 0 | 21.1 | 0 | 0 | 0
 | Crestone | 0 | 0 | 0 | 43.6 | 0 | 0 | 0
 | Total Margins
Expenses
 | GRI/ACA | -9.8 | -4.1 | -1.5 | -2 | 0 | 0 | 0
 | Reg Commission Expense | -0.7 | 0 | 0 | 0 | 0 | 0 | 0
 | Reg Assets Amortization | -5.9 |  | 0 | -1 | 0 | 0 | 0
 | Reg Affairs | 0 | 0 | 0 | -0.5 | 0 | 0 | 0
 | Rate Case Amortization (0705) | 0 | 0 | -1.6 | 0 | 0 | 0 | 0
 | IMP/So GA Credits | 0.7 | 0 | 0 | 0 | 0 | 0 | 0
 | TC&S Mobil Carlton | -1.7 |  | 0 | 0 | 0 | 0 | 0
 | TC&S Base Gas SBA | -14.3 |  | 0 | 0 | 0 | 0 | 0
 | Net Fuel/UAF | 0 |  | 0 | 0 | 0 | 0 | 0
 | Revenue Management | -0.9 | -0.2 | 0 | 0 | 0 | 0 | 0
 | Direct  - Gross |  |  | -2.8 | 0 | 0 | 0 | 0
 | - Marketing | 0 | 0 | 0 | -2.8 | 0 | 0 | 0
 | Capitalization | 1.4 | 0.3 | 0 | 0 | 0 | 0 | 0
 | Other  - Gomez Sale in 2001 |  |  | 0 | 0 | 0 | 0 | 0
 | ETS Support | 0 | 0 | 0 | 0 | 0 | 0 | 0
 | Aviation |  |  | 0 | 0 | 0 | 0 | 0
 | Payroll Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0
 | Omaha Rent |  |  | 0 | 0 | 0 | 0 | 0
 | Total Expenses
Margin Net of Expenses
Non-Recurring Elements
 | Base Gas | 0 | 0 | 0 | 0 | 0 | 0 | 0
 | Asset Sales | 9.9 | 0 | 0.5 | 0 | 0 | 0 | 0
 | Structured Products | 5 | 0 | 0 | 0 | 0 | 0 | 0
 | ECS Deals | 0 | 0 | 0 | 0 | 0 | 0 | 0
 | El Paso Settlement | 0 | 0 | 0 | 0 | 0 | 0 | 0
 | Rate Case Items | 0 | 0 | 0 | 0 | 0 | 0 | 0
 | WIC Shipper Credits | 0 | 0 | 0 | 0 | 0 | 0 | 0
 | Stretch | 4.1 | 10.1 | 12.6 | 0 | 0 | 0 | 0
 | Other | 0 | 0 | 0 | 0 | 0 | 0 | 0
 | Total Non Recurring
Net Contribution Commercial
Market Services
Other Income |  | 0 | 0 | 0 | 0 | 0 | 0 | 0
Expenses
 | Direct - Gross |  |  | -2.9 | -1.7 | 0 | 0 | 0
 | Amortization (Encore) | 0 | 0 | -0.6 | 0 | 0 | 0 | 0
 | Capitalization | 0.5 | 0.1 | 0 | 0 | 0 | 0 | 0
 | [NAME] | 3.7 | 0 | 0 | 0 | 0 | 0 | 0
 | Payroll Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0
 | Other Expenses - G&A | 0 | 0 | 0 | 0 | 0 | 0 | 0
 | Total Expenses
Net Contribution Market Services
Net Contribution from Markets
Operations
Other Income |  | 0 | 0 | 0 | 0.3 | 0 | 3 | 0
CESI |  | 0 | 0 | 0.1 | 0 | 0 | 0 | 0
Expenses
 | Field Operations - Gross |  |  | -27.2 | -12.6 | 0 | 0 | 0
 | Field Operations for Expansions | 0 | 0 | -0.7 | -1 | 0 | 0 | 0
 | Capitalization | 10.6 | 2.6 | 0 | 0.1 | 0 | 0 | 0
 | Group Operations(OTS) |  |  | -1.4 | -0.7 | -0.8 | -4 | 0
 | Operations Support |  |  | 0 | 0 | 0 | 0 | 0
 | Electric Compression | 0 | 0 | 0 | -4.4 | 0 | 0 | 0
 | Insurance | 0 | 0 | 0 | -0.8 | 0 | 0 | 0
 | Allocations In from HPL | 0 | 0 | -0.8 |  | 0 | 0 | 0
 | Overhaul Amortizations | 0 | 0 | -0.4 | 0 | 0 | 0 | 0
 | OTS Work Order Amortization | 0 | 0 | -0.1 | 0 | 0 | 0 | 0
 | Payroll Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0
 | Other Expenses - PCB and Env. |  |  | 0 | 0 | 0 | 0 | 0
 | Total Expenses
Non-Recurring Elements
 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0
 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0
 | Total Non Recurring
Net Contribution Operations
Finance, Accounting & Admin
Other Income |  | 0 | 0 | 0 | 0 | 0 | 0 | 0
 | FAS 133 | 0 | 0 | 3 | 0 | 0 | 0 | 0
 | AFUDC Amortization (Phase III) | 0 | 0 | -3.1 | 0 | 0 | 0 | 0
Trading |  | 0 | 0 | 2.6 | 0 | 0 | 0 | 0
Expenses
 | Accounting | 0 | 0 | 0 | -0.7 | 0 | 0 | 0
 | Finance | 0 | 0 | -0.5 | -3.4 | 0 | 0 | 0
 | Commercial Support | 0 | 0 | -2.4 | 0 | 0 | 0 | 0
 | Operations Support | 0 | 0 | 0.1 | 0 | 0 | 0 | 0
 | Market Services / IT Support | 0 | 0 | 0 | 0 | 0 | 0 | 0
 | Executive | 0 | 0 | 0 | 0 | 0 | 0 | 0
 | Direct Support |  |  | 0 | 0 | 0 | 0 | 0
 | NBP Direct | 0 | 0 | 0 | -0.3 | 0 | 0 | 0
 | Black Mesa Direct | 0 | 0 | 0 | -13.5 | 0 | 0 | 0
 | Crestone Direct | 0 | 0 | 0 | -24.7 | 0 | 0 | 0
 | ETS Support |  |  | 0 | -0.1 | -0.1 | -0.7 | 0
 | Capitalization - Support | 0.4 | 0.2 | 0 | 0 | 0 | 0 | 0
 | Company Bonus |  |  | 0 | -1.6 | 0 | 0 | 0
 | Capitalization - Bonus | 1 | 0.2 | 0 | 0 | 0 | 0 | 0
 | Other Expenses - G&A, Exec |  |  | 0 | 0 | 0 | 0 | 0
 | Bonus - ETS |  |  | 0 | -1.9 | -0.3 | -0.4 | 0
 | Corporate Overhead - ETS |  |  | 0 | 0 | -0.3 | -0.8 | 0
 | Payroll Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0
 | Amortizations (Ramp up) | 0 | 0 | -0.5 | 0 | 0 | 0 | 0
 | DD&A | -48.4 | -22 | -52.9 | -62.7 | 0 | 0 | 0
 | Corporate:
 | Allocated - MMF |  |  | -2.8 | -3 | 0 | 0 | 0
 | Direct |  |  | -12.4 | -1 | 0 | 0 | 0
 | EP&S |  |  | 0 | -1.6 | 0 | 0 | 0
 | Total Corporate
 | Other Taxes:
 | Ad Valorem | -27.4 | -9 | -23 | -27.3 | 0 | 0 | 0
 | Total Other Taxes
 | Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 |  | 0 | 0
 | Total Expenses
Net Contribution FA&A
Information Technology
Other Income - Lucent Credit |  | 2.3 | 0 | 0 | 0 | 0 | 0 | 0
DD&A - Lucent |  | -1.2 | 0 | 0 | 0 | 0 | 0 | 0
Expenses
 | Direct Support - Gross |  |  | 0 | -2.9 | 0 | 0 | 0
 | Capitalization | 0.3 | 0.1 | 0 | 1 | 0 | 0 | 0
 | Commercial Support | 0 | 0 | -3.6 | 0 | 0 | 0 | 0
 | Field Operations Support | 0 | 0 | -0.5 | 0 | 0 | 0 | 0
 | ETS Support - Gross |  |  | -1 | -0.6 | -0.3 | -0.8 | 0
 | Capitalization |  |  | 0 | 0 | 0 | 0 | 0
 | Other Expenses |  |  | 0 | -0.5 | 0 | 0 | 0
 | Payroll Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0
 | Amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0
 | EIS |  |  | 0 | -0.3 | 0 | 0 | 0
 | Total Expenses
Net Contribution IT
Legal
Expenses
 | Commercial Support - ETS |  |  | -1.4 | 0 | 0 | 0 | 0
 | Field Operations Support - ETS |  |  | 0 | 0 | 0 | 0 | 0
 | Deferred Legal Expense | 0 | 0 | -0.3 | 0 | 0 | 0 | 0
 | Other | 0 | 0 | 0 | -1.3 | 0 | 0 | 0
 | Total Expenses
Human Resources/Communications
Expenses
 | ETS Support - Gross |  |  | -0.7 | -0.5 | 0 | 0 | 0
 | Capitalization | 0.3 | 0.1 | 0 | 0 | 0 | 0 | 0
 | Other Expenses - G&A | 0 | 0 | 0 | 0 | 0 | 0 | 0
 | Total Expenses
Executive & Other
Expenses
 | Direct  - Gross | 0 | 0 | 0 | -0.5 | 0 | 0 | 0
 | ETS Support |  |  | -2.7 | -0.9 | 0 | -0.4 | 0
 | Aviation - Stan |  |  | 0 | 0 | 0 | 0 | 0
 | Amortizations (Prepaid EDS Amort.) | 0 | 0 | -0.4 | 0 | 0 | 0 | 0
 | Other (G&A, add Capitalized, 0705 | 0 | 0 | -0.9 | 0 | 0 | 0 | 0
 | Total Expenses
Total Net Contribution
Other Expenses:
 | Other - G&A | 0 |  |  | -0.1 | 0 | 0 | 0
 | Mangement Overview | 7.9 | 2 | 0.2 | 0 | 0 | 0 | 0
 | Other O&M Adjustment | 0 | 0 | 0 | 0 | 0 | 0 | 0
 | Other Taxes:
 | Payroll Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0
 | Other | -6.2 | -2.5 | -5.1 | 0 | 0 | 0 | 0
 | Total Other Taxes
 | Total Other Expenses
Other Income(Deductions)
Equity Earnings:
 | Northern Plains | 0 | 0 | 0 | 0 | 0 | 0 | 0 |  | 10
 | Enron Citrus | 0 | 0 | 0 | 0 | 0 | 0 | 0 |  | 35
 | EOTT | 0 | 0 | 0 | 0 | 0 | 0 | 0 |  | 9.5
 | Bighorn, Fort Union, Lost Creek | 0 | 0 | 0 | 5.7 | 0 | 0 | 0
 | Income Investment | 0 | 0 | 0.2 | 0 | 0 | 0 | 0
 | Pathnet | 0 | 0 | 0 | 0.9 | 0 | 0 | 0
 | AFUDC Equity | 0 | 0 | 0 | 1.7 | 0 | 0 | 0
 | Overview | 0 | 0 | 0 | 0 | 0 | 49.4 | 0
 | Other | 0 | 0 | 0.1 |  | 0 | 0 | 0
 | Other - Minority Interest Income | -0.1 | 0.4 | 0 | -37.9 | 0 | 0 | 0
 | Total Other Income(Deductions)
 | Mont Belvieu | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.1
Income Before Interest and Taxes
 | AFUDC | 0 | 0 | 0 | 0 | 0 | 0 | 0
 | Interest | 0 | 0 | 0 | -88.3 | 0 | 0 | 0
Pretax Income
 | Income Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0
Net Income Before Financing
 | Financing | 0 | 0 | 0 | 0 | 0 | 0 | 0
Net Income