Spreadsheet: louise_kitchen__23066__0111MarginRequirements
Sheet: 1102

FUTURES MARGIN REQUIREMENTS
2001-11-05 00:00:00
2001-11-02 00:00:00
 | US $$$ |  |  |  |  |  |  |  |  |  |  |  | CANADIAN $$$
Broker | TE | Credit Facility Covering TE | TE Less CreditCoverage | Net Option Value | Initial Margin | Line of Credit Covering Initial Margin (except EDF [NAME] see calc below) | Initial Margin Less Line of Credit Covering Initial Margin |  | Daily Facility Movement Inc/(Dec) Line |  | Wire Day Cash In/(Out) |  | OTE | Initial Margin
ABN-Amro Inc | 403687.0260000248 |  | 403687.0260000248 | 0 | 388300 |  | 388300 |  |  |  | 15387.02600002475
ADM INVESTOR | 0.2690000056172721 |  | 0.2690000056172721 | 0 | 0 |  | 0 |  |  |  | 0.2690000056172721
BANK ONE | 0.2200000286102295 |  | 0.2200000286102295 | 0 | 0 |  | 0 |  |  |  | 0.2200000286102295
CARR FUTURES (NG) | 0 |  | 0 | 0 | 0 |  | 0 |  |  |  | 0
CARR FUTURES INC. | 2232331.437550568 |  | 2232331.437550568 | 0 | 2591424.12 |  | 2591424.12 |  |  |  | -359092.6824494316
CREDIT SUISSE FIRST BOSTON | 1962327.87 |  | 1962327.87 | 0 | 1199664 |  | 1199664 |  |  |  | 762663.8700000048
EDF MAN   (see note below) | 47030548.26599977 | 11860565 | 35169983.26599977 | -29392755 | 13139435 | 13139435 | 0 |  |  |  | 4498358.265999772
FIMAT * | 9498001.404999997 | 564140 | 8933861.404999997 | 0 | 10646516 | 584372.6 | 10062143.4 | 1 | 1148514.6 |  | 0.004999997559934855
HSBC - US$ | 369073.8085910003 |  | 369073.8085910003 | 0 | 375311 |  | 375311 |  |  |  | -6237.19140899973
HSBC - Canadian | 0 |  | 0 | 0 |  |  | 0 |  |  |  | 0 |  | 133490.4 | 322220
JP Morgan | 368941.04 |  | 368941.04 | 0 | 616520 |  | 616520 |  |  |  | -247578.96
[NAME] | 0 |  | 0 | 0 | 0 |  | 0 |  |  |  | 0
PARIBAS | 27737623.35000012 |  | 27737623.35000012 | 0 | 27588814 | 27588814 | 0 |  | 5410400 |  | 5559209.350000121
PRUDENTIAL SI | 458149.9414212093 |  | 458149.9414212093 | 0 | 458150 |  | 458150 |  |  |  | -0.05857879074756056
REFCO, INC | 0.05900000694032315 |  | 0.05900000694032315 | 0 | 0 |  | 0 |  |  |  | 0.05900000694032315
R J O'BRIEN | 99845.48 |  | 99845.48 | 0 | 79000 |  | 79000 |  |  |  | 20845.48
SAUL STONE & COMPANY | 153298.93 |  | 153298.93 | 0 | 147000 |  | 147000 |  |  |  | 6298.929999999993
SMITH BARNEY, INC ** | 6160379.379999993 |  | 6160379.379999993 | 0 | 5545701 | 5545701 | 0 |  | -346028 |  | 268650.3799999934
SMITH BARNEY, INC ** (Financial) | 122399.23 |  | 122399.23 | 0 | 86400 |  | 86400 |  |  |  | 35999.23000000045
TOTAL EXCLUDING MID-DAY CALLS | 96596607.71256275 | 12424705 | 84171902.71256275 | -29392755 | 62862235.12 | 46858322.6 | 16003912.52 |  | 6212886.6 |  | 10554504.19256273 |  | 133490.4 | 322220
MID-DAY CALLS: (based solely on Market Movement)
EDF Mann | 0
TOTAL INCLUDING MID-DAY CALLS | 96596607.71256275
 |  |  |  |  |  |  |  |  |  |  | 10554504.19256275
 |  | Used Line
Credit Lines: | Line | OTE | Initial Margin | Total Line Used | Total Line Unused
Smith Barney | 50000000 | 0 | 5545701 | 5545701 | 44454299
Paribas | 75000000 | 0 | 27588814 | 27588814 | 47411186
EDF | 25000000 | 11860565 | 13139435 | 25000000 | 0
Fimat | 20000000 | 564140 | 584372.6 | 1148512.6 | 18851487.4
 | 170000000 | 12424705 | 46858322.6 | 59283027.6 | 110716972.4
Note:  EDF Man - Positive Net Option value is collateral for futures requirement.
Initial Margin |  |  |  |  | 13139435
Option value used to cover Margin |  |  |  |  | 0
Initial Margin less positive option value |  |  |  |  | 13139435
[NAME] of Credit Analysis:
Initial Margin |  |  |  |  | 13139435
OTE |  |  |  |  | 20000000 | (limit 20,000,000)
Net Option Value |  |  |  |  | 29293755
Line of Credit Balance |  |  |  |  | 25000000 | (limit 50,000,000)
Paribas Line of Credit Limit is $75,000,000
1 Includes amounts withheld from payments due Enron.  Fimat's customer agreement states that excess margin including OTE due to Enron must first be used to pay down advances on the facility.