Spreadsheet: tracy_geaccone__40323__3rd quarter curr est
Sheet: Format

PORTLAND GENERAL GROUP
2001 CURRENT ESTIMATE - AUGUST
RESULTS OF OPERATIONS
(Millions of Dollars)
 |  |  | JAN |  | FEB |  | MAR |  | APR |  | MAY |  | JUN |  | JUL |  | AUG |  | SEP |  | OCT |  | NOV |  | DEC |  | TOTAL
Operating Revenues
Cost of Sales
GROSS MARGIN
Operating & Processing Expense
 | Operation & maintenance
 | Compressor fuel expense
 | Lease and well expense
 | Oil & gas exploration expenses
 | Transmission/compression & storage
 | Depreciation, depletion & amortization
 | Amortization of fair value adjustment
 | Taxes other than income
 |  | 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 |  | 0.015118 |  | 0.01201 |  | 0.012943 |  | 0.014773 |  | 0.021446 |  | 0.008054416666666666 |  | 0.008054416666666666 |  | 0.008054416666666666 |  | 0.008054416666666666 |  | 0.008054416666666666 |  | 0.008054416666666666 |  | 0
 | Gain (Loss) on sale of assets |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 | Other
 |  | Total
INCOME BEFORE INTEREST & TAXES
Interest Expense
 | Interest expense - Third Party
 | Interco interest expense/(income)  - Capital Charge |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 | Interco interest expense/(income)  - Other
 | Capitalized interest/AFUDC
 |  | Total
Minority Interest
 | Structured Transactions |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 | Other |  | -11.1 |  | 0.6 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 |  | Total
Perpetual Preferred Dividends |  |  | 0.19375 |  | 0.19375 |  | 0.19375 |  | 0.19375 |  | 0.19375 |  | 0.19375 |  | 0.19375 |  | 0.19375 |  | 0.19375 |  | 0.19375 |  | 0.19375 |  | 0.19375
INCOME BEFORE INCOME TAXES
Income Taxes
 | Payable currently
 | Payment deferred
 |  | Total
NET INCOME
Cash Flow Statement
 |  |  | Jan |  | Feb |  | Mar |  | Apr |  | May |  | Jun |  | July |  | Aug |  | Sept |  | Oct |  | Nov |  | Dec |  | TOTAL
CASH FLOW FROM OPERATING ACTIVITIES
Net Income (excluding changes in Accounting Principle)
Items not affecting cash:
 | Depreciation, depletion & amortization
 | Deferred income taxes
 | Equity Earnings
 | Net (gain)/loss on sale of assets |  | 0 |  | 0 |  | 0 |  | 0 |  | -0.1 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 8.467
 | Net (Increase)/Decrease in Price Risk Management Asset |  | -1.4 |  | -5.3 |  | -15.5
 | Merchant Activities
 |  | Realized (Gains) / Losses on Sales | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 |  | Proceeds from Sales | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 |  | Additions | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 |  | Unrealized (Gains) / Losses | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 | Equity/Partnership Distributions |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 | Oil & gas exploration expenses
 | Dividends on Pref Securities of Subsidiary Companies |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | X
 | Income Attributable to Minority Interest |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 | Other (including transfers & reclasses; see detail) |  | 3.1 |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.9 |  | 2.1 |  | 3.6 |  | 1.9 |  | 2.3 |  |  | X
 |  | FUNDS FLOW FROM OPERATIONS
Working Capital Changes:
 | Receivables |  | 0.8 |  | -40.1 |  | -15.7 |  |  |  |  |  |  |  |  |  | -21.25000085538544 |  | 22.2655415416559 |  | 29.88514614254946 |  | -13.06223538345244
 | Inventories |  | -1 |  | -2.8 |  | -0.7 |  | -0.2 |  |  |  |  |  | -0.3 |  | -8.731149137020111e-14 |  | -6.548361852765083e-14 |  | 8.003553375601768e-14 |  | -3.274180926382541e-14 |  | 9.094947017729283e-15
 | Prepayments |  | -1.2 |  | -1.4 |  | -13.4 |  | 10.5 |  |  |  |  |  |  |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 | Broker net Settlements |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | -58.6 |  |  |  | -46 |  | 6.4 |  | 0 |  | 0 |  | 0
 | Payables |  | -19 |  | 57.3 |  | -19.3 |  | 45.8 |  |  |  |  |  |  |  | -8.731149137020111e-14 |  | -6.548361852765083e-14 |  | 8.003553375601768e-14 |  | -3.274180926382541e-14 |  | 9.094947017729283e-15
 | Accrued Taxes |  | 7 |  | -1.2 |  | 0.3 |  | -0.6 |  |  |  |  |  |  |  | 2.493114806205787 |  | -14.08856893501954 |  | 10.04047720158574 |  | -15.79422753614647 |  | -8.891266688202123
 | Accrued Interest - Third Party |  | 1.114237650000001 |  | 3.385762349999999 |  | -4.45 |  | -2.75 |  |  |  | 2.8 |  | -0.1 |  | -1.930662602739725 |  | -2.5344801369863 |  | -2.394408767123288 |  | 3.143349657534247 |  | 5.016253561643838
 | Customer Deposits
 | Other Changes in Working Capital |  | 0.6 |  |  |  |  |  |  |  |  |  | 2.3 |  | -7.9 |  | 1.660981368136992 |  | 1.660814876351775 |  | 1.660648041620756 |  | -19.24122770470569 |  | 1.660313340494147
 | TOTAL WORKING CAPITAL CHANGES
CASH FROM OPERATING ACTIVITIES
CASH FLOWS FROM INVESTING
 | Proceeds from Sale of Investments |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 | Capital Expenditures |  | -10.7 |  | -20.6 |  | -22
 | Property Transfers - Intercompany |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 | Equity Investments |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 | Cash paid for Business Acquisitions |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 | Other Investing Activity |  | -7.6 |  |  |  |  |  |  |  |  |  | 3.9 |  |  |  | -1.579713648504878 |  | 1.5 |  | -1.460302094014072 |  | -1.422444172766638 |  | 5.1
 | CASH FLOWS FROM INVESTING
CASH FLOWS FROM FINANCING
 | Third party debt increase/(decrease) |  | -16.2 |  | -0.83 |  | -0.7799999999999976 |  | -0.8 |  |  |  |  |  |  |  | 42.7 |  | 18.8
 | Stock (purchases) isssuances |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | -1.94025490118932e-14 |  | -1.94025490118932e-14 |  | 1.499999999999981 |  | -1.94025490118932e-14 |  | -1.94025490118932e-14 |  | -1.94025490118932e-14 |  | -1.94025490118932e-14 |  |  | X
 | Dividends to Corp |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 | Dividends on Preferred Stock of Subs |  | 0 |  | 0 |  |  |  | 0 |  | 0 |  |  |  | 0 |  | 0 |  |  |  | 0 |  | 0
 | [NAME] to Outside |  | -0.56 |  | -0.01874999999999993 |  | 0 |  | -0.58125 |  |  |  | 0 |  | -0.58125 |  | 0 |  | 0 |  | -0.58125 |  | 0 |  | 0
 | Other Financing Activity |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 | CASH FLOWS FROM FINANCING
NET CASH FLOW (After Financing Activities)
CASH FLOWS FROM INTERCOMPANY ACTIVITY
 | Accounts Receivable/payable - intercompany |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 |  | 0 |  | 0 |  | 0 |  | -40 |  |  | X
 | Other Investing Activities - intercompany |  | 1.1 |  | 1 |  | 1 |  |  |  |  |  | 0.7 |  | 0.7 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  | X
 | Other Financing Activities - intercompany |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  |  |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  | x
 |  |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
 | (INCREASE)/DECREASE IN CASH AND NOTE FROM CORPORATE
 | (Increase)/Decrease in Restricted/Retained Cash {calc}