Spreadsheet: sally_beck__33745__June Delainey Report
Sheet: Summary Bal. Sheet

ENRON NORTH AMERICA - ENERGY OPERATIONS
GENERAL LEDGER BALANCES AS OF JUNE 30, 2000
ALL AMOUNTS IN MILLIONS
 |  |  | A/R Balances as of June 30, 2000 |  |  |  |  |  |  |  |  |  |  |  |  |  | A/P Balances as of June 30, 2000
 |  |  | Total |  | Current |  | 1 - 30 Days |  | 31 - 60 Days |  | 61 - 90 Days |  | Over 90 Days |  | June 2000 Collection Rate % |  | Total |  | Current Month |  | Greater Than 31 Days
 | Natural Gas - Houston |  |  |  | 2052.62703987 |  | 91.01688937 |  | 12.743778 |  | 10.6970192 |  | 24.69408291 | -1 | 0.978 |  |  |  | -1904.75757516 |  | -30.12842260999999 |  |  |  |  |  |  | Natural Gas - Houston A/R |  |  | Natural Gas - Houston A/P
 | Natural Gas - Calgary |  |  |  | 5.844589890000001 |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  |  |  | -3.63896728 |  | 0 |  |  |  |  |  |  | Natural Gas - Calgary |  |  | Natural Gas - Calgary
 | Power (a) |  |  |  | 23.5815712 |  | 0.2990851899999976 |  | 0.20369773 |  | 0.28488649 |  | 10.99975432 | -2 | 0.99 |  |  |  | -23.88094284999999 |  | 0 |  |  |  |  |  |  | Power A/R (a) |  |  | Power A/P (a)
 | Financial (b) |  |  |  | 7.41208812 |  | 9.96553086 |  | 0.52884503 |  | 1.15837497 |  | -0.03204248 |  | 0.99 |  |  |  | -17.20604942 |  | -0.9499875799999999 |  |  |  |  |  |  | Financial (b) |  |  | Financial (b)
 | Coal |  |  |  | 14.19127438 |  | 4.2026916 |  | 1.95984471 |  | -0.03678331 |  | -0.05372977 |  |  |  |  |  | -21.26566286 |  | 0 |  |  |  |  |  |  | Coal |  |  | Coal
 | Pulp and Paper (c) |  |  |  | 4.104638 |  | -0.235347 |  | -0.014018 |  | -0.166234 |  | 0.429537 |  |  |  |  |  | -0.581482 |  | -0.700779 |  |  |  |  |  |  | Pulp and Paper (c) |  |  | Pulp and Paper (c)
 | Interest Rate / FX |  |  |  | 19.98458253 |  | 1.76817174 |  | -4.23647468 | -3 | 0 |  | 0.16807528 |  | 1 |  |  |  | -30.00835908 |  | 0 |  |  |  |  |  |  | Interest Rate / FX |  |  | Interest Rate / FX
 | Non ENA Intercompany |  |  |  | 50.10920737 |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  |  |  | -45.52473241000001 |  | -1.66304165 |  |  |  |  |  |  | Non ENA Intercompany |  |  | Non ENA Intercompany
 | Total
 |  |  |  |  |  |  |  | NOTES:
 |  |  |  |  |  |  |  | -1 | The "Over 90 Days" balance for Natural Gas consists of the following: $4.7 million from North American Energy
 |  |  |  |  |  |  |  |  | Conservation Inc. which is in bankruptcy, $7.9 million which is currently being actively pursued for collection and
 |  |  |  |  |  |  |  |  | $12.1 million of accounts that are currently being reconciled with counterparties in order to collect outstanding balances.
 |  |  |  |  |  |  |  | -2 | The "Over 90 Days" balance for Power consists of the following:  $9.3 million from Tennessee Valley Authority which
 |  |  |  |  |  |  |  |  | is in litigation, $1.5 million that will be cleared after net-out entries between A/R and A/P are recorded in the July
 |  |  |  |  |  |  |  |  | general ledger and $.2 million which is being actively pursued for collection.
 |  |  |  |  |  |  |  | -3 | Interest Rate / FX consists of balances that will be cleared after net-out entries between A/R and A/P are recorded in the
 |  |  |  |  |  |  |  |  | July general ledger.
 |  |  | Gross Revenues
 |  |  | April |  | May
 | Natural Gas - Houston |  | 1308.80247775
 | Natural Gas - Calgary |  | 395.78154175
 | Power (a) |  | 1029.08972 |  | 1171.32
 | Financial (b) |  | 1049.448803
 | Coal |  | 18.22713636
 | Pulp and Paper (c) |  | 6.608 |  | 7.641
 | Interest Rate / FX |  | 125.289664
 | Non ENA Intercompany |  | 27.09342557
 | Total
 |  |  | Flash to Actual Adjustment |  | Adj as a % of May Gross Revenue
 | Natural Gas - Houston
 | Power (a) |  | -0.36
 | Total
 |  |  | Imbalances
 |  |  | March 2000 |  |  |  |  |  | April 2000 |  |  |  |  |  | May 2000 |  |  |  |  |  | Unaccounted For Balances
 |  |  | Imbalance Receivable |  | Imbalance Payable |  | Net Imbalance Rec/(Pay) |  | Imbalance Receivable |  | Imbalance Payable |  | Net Imbalance Rec/(Pay) |  | Imbalance Receivable |  | Imbalance Payable |  | Net Imbalance Rec/(Pay) |  | 2000-03-01 00:00:00 |  | 2000-04-01 00:00:00 |  | 2000-05-01 00:00:00
 | Natural Gas - Houston
 | Off-System
 | On-System |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0.6 |  | -1.7
 | Totals
 |  |  | On-System |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | -1.2 |  | 0.6 |  | -1.7