Spreadsheet: david_delainey__8182__2001PROFORMA
Sheet: balance sheet

 |  |  |  |  |  | Merchant |  |  | Strategic
 |  |  |  |  |  | Capital Charge |  |  | Capital Charge
 |  |  |  |  |  | Debt (after tax) | 0.5 | 0.05 | Debt (after tax) | 0.5 | 0.05
 |  |  |  |  |  | Equity | 0.5 | 0.25 | Equity | 0.5 | 0.12
 |  |  |  |  |  | Total |  |  | Total
 |  |  |  |  |  |  | Balance Sheet | Off Balance Sheet
 |  |  |  |  |  |  | Capital | Capital |  |  |  | Total
 |  |  |  |  | Strategic vs Merchant | Owner | 2001-01-01 00:00:00 |  | Depreciation | Capital Charge | Facility Charge | Charge
 |  | A) Peakers
 |  | Lincoln |  |  | Merchant | OOC | 266000000 | 0 |  |  | 0
 |  | Wheatland |  |  | Merchant | OOC | 157000000 | 0 |  |  | 0
 |  | [NAME] |  |  | Merchant | OOC | 174000000 | 0 |  |  | 0
 |  | Caledonia |  |  | Merchant | OOC | 154000000 | 0 |  |  | 0
 |  | New Albany |  |  | Strategic | East Power - SE | 154000000 | 0 | 5000000 |  | 0
 |  | Brownsville |  |  | Merchant | OOC | 126000000 | 0 |  |  | 0
 |  | Total
 |  | B) Turbines/Development Projects
 |  | Austin Project |  | 4 LM | Merchant | East Power - ERCOT | 2000000
 |  | Vitro |  | 1 7FA | Merchant | Mexico | 47000000
 |  | [NAME] |  | 6 LM | Merchant | West Power - Orig
 |  | LV II |  | 4 LM | Merchant | West Power - Orig
 |  | Pastoria |  | 3 7FA | Merchant | West Power - Orig
 |  | Unassigned |  | 2 11N1 | Merchant | Canada
 |  | Unassigned |  | 2 7EA | Merchant
 |  | Unassigned |  | 1 D5A | Merchant
 |  |  |  | 2 Stm | Merchant
 |  | C) JEDI 1
 |  | CGAS |  |  | Merchant | Energy Capital | 0 | 18000000 | 0 |  | 0
 |  | Beau Canada |  |  | Merchant | Canada | 0 | 0 | 0 |  | 0
 |  | [NAME] |  |  | Merchant | Restructuring | 0 | 24000000 | 0 |  | 0
 |  | Hanover Compressor Common |  |  | Merchant | Restructuring | 0 | 107000000 | 0 |  | 0
 |  | Mariner Common |  |  | Merchant | Restructuring | 0 | 214000000 | 0 |  | 0
 |  | [NAME] |  |  | Merchant | Canada | 0 | 0 | 0 |  | 0
 |  | 3-TEC Warrants(R) |  |  | Merchant | Restructuring | 0 | 0 | 0 |  | 0
 |  | Pure Resources |  |  | Merchant | Energy Capital | 0 | 0 | 0 |  | 0
 |  | Ameritex (R) |  |  | Merchant | Energy Capital | 0 | 5000000 | 0 |  | 0
 |  | Hughes Rawls Note (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 |  | 0
 |  | Place Resources Common (R) |  |  | Merchant | Canada | 0 | 0 | 0 |  | 0
 |  | Queens Sands Common (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 |  | 0
 |  | Queens Sands Preferred (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 |  | 0
 |  | [NAME] (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 |  | 0
 |  | D) JEDI 2
 |  | Byers Locate Services |  |  | Merchant | Principal Investments | 0 | 10000000 | 0 |  | 0
 |  | Crescendo Energy LLC |  |  | Merchant | Energy Capital | 0 | 4000000 | 0 |  | 0
 |  | East Coast Power Common (Class A) |  |  | Merchant | Generation Investments | 0 | 102000000 | 0 |  | 0
 |  | East Coast Power Incentive Pmt |  |  | Merchant | Generation Investments | 0 | 6000000 | 0 |  | 0
 |  | Inland Common |  |  | Merchant | Restructuring | 0 | 1000000 | 0 |  | 0
 |  | Inland Resources Preferred |  |  | Merchant | Restructuring | 0 | 5000000 | 0 |  | 0
 |  | Las Vegas Cogen Debt Equity |  |  | Merchant | West Orig - QF | 0 | 4000000 | 0 |  | 0
 |  | Las Vegas Cogen Equity |  |  | Merchant | West Orig - QF | 0 | 4000000 | 0 |  | 0
 |  | [NAME] |  |  | Merchant | Restructuring | 0 | 10000000 | 0 |  | 0
 |  | Pioneer Chlor (Cactus) Debt Equity |  |  | Merchant | West Orig - QF | 0 | 7000000 | 0 |  | 0
 |  | [NAME] |  |  | Merchant | Energy Capital | 0 | 7000000 | 0 |  | 0
 |  | Sapphire Bay LLC |  |  | Merchant | Energy Capital | 0 | 0 | 0 |  | 0
 |  | StarTech Common |  |  | Merchant | Canada | 0 | 3000000 | 0 |  | 0
 |  | Westwin Energy |  |  | Merchant | Energy Capital | 0 | 0 | 0 |  | 0
 |  | Basic Energy Preferred (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 |  | 0
 |  | [NAME] (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 |  | 0
 |  | Carrizzo Oil & Gas Warrants (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 |  | 0
 |  | HV Marine Warrants (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 |  | 0
 |  | Juniper Exploration (R) |  |  | Merchant | Energy Capital | 0 | 0 | 0 |  | 0
 |  | LSI Preferred (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 |  | 0
 |  | LSI Warrants (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 |  | 0
 |  | Texland (R) |  |  | Merchant | Energy Capital | 0 | 0 | 0 |  | 0
 |  | [NAME] (R) |  |  | Merchant | Energy Capital | 0 | 0 | 0 |  | 0
 |  | Venoco Convertible (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 |  | 0
 |  | E) EnSerCo
 |  | Bonus Resources Common |  |  | Merchant | Restructuring | 0 | 0 | 0 |  | 0
 |  | Enserco Offshore |  |  | Merchant | Restructuring | 0 | 0 | 0 |  | 0
 |  | H&R Drilling/Tetonka |  |  | Merchant | Restructuring | 0 | 0 | 0 |  | 0
 |  | Black Bay (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 |  | 0
 |  | Geophysical Pursuit (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 |  | 0
 |  | Industrial Holdings (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 |  | 0
 |  | [NAME] (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 |  | 0
 |  | [NAME] (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 |  | 0
 |  | F) Balance Sheet
 |  | ENA Upstream Assets
 |  | HPL PP&E |  |  | Merchant | Technical Services | 411000000 | 0 | 18000000 |  | 0
 |  | MEGS PP&E |  |  | Merchant | Technical Services | 25000000 | 0 | 2000000 |  | 0
 |  | HPLR PP&E |  |  | Merchant | Technical Services | 5000000 | 0 | 0 |  | 0
 |  | Enron Texoma PP&E |  |  | Merchant | Technical Services | 2000000 | 0 | 0 |  | 0
 |  | MAC (Meter Acquisition Co.) PP&E |  |  | Merchant | Technical Services | 0 | 44000000 | 0 |  | 0
 |  | [NAME] |  |  | Merchant | Technical Services | 0 | 157000000 | 0 | 12800000 | 0
 |  | MAC Equity Investment |  |  | Merchant | Technical Services | 5000000 | 0 | 0 |  | 0
 |  | Hanover Measurement Svs |  |  | Merchant | Technical Services | 5000000 | 0 | 0 |  | 0
 |  | Other Investments |  |  | Merchant | Technical Services | 3000000 | 0 | 0 |  | 0
 |  | Bridgeline Holdings |  |  | Merchant | Upstream Origination | 237000000 | 0 | 0 |  | 0
 |  | Balance Sheet Investments
 |  | Bammell Gas Trust |  |  | Merchant | Technical Services | 0 | 0 | 0 | 0 | 0
 |  | Big Horn |  |  | Merchant | West Orig - QF | 0 | 0 | 0 | 0 | 0
 |  | CanFibre [NAME] sub loan |  |  | Merchant | Restructuring | 0 | 0 | 0 | 0 | 0
 |  | City Forest Advisory |  |  | Merchant | Restructuring | 0 | 0 | 0 | 0 | 0
 |  | Crescendo VPP |  |  | Merchant | Energy Capital | 0 | 0 | 0 | 0 | 0
 |  | Destec |  |  | Merchant | Principal Investing | 0 | 0 | 0 | 0 | 0
 |  | East Coast Power Loan (Sub Debt) |  |  | Merchant | Generation Investments | 0 | 0 | 0 | 0 | 0
 |  | First World |  |  | Merchant | Principal Investing | 0 | 0 | 0 | 0 | 0
 |  | Heartland Industrial Partners |  |  | Merchant | Restructuring | 0 | 0 | 0 | 0 | 0
 |  | Invasion Debt |  |  | Merchant | Canada | 0 | 0 | 0 | 0 | 0
 |  | Mariner Combined Debt |  |  | Merchant | Restructuring | 0 | 0 | 0 | 0 | 0
 |  | Papier [NAME] (Canada) |  |  | Merchant | Canada | 0 | 0 | 0 | 0 | 0
 |  | Sapphire Bay |  |  | Merchant | Energy Capital | 0 | 0 | 0 | 0 | 0
 |  | StarTech [NAME] |  |  | Merchant | Canada | 0 | 0 | 0 | 0 | 0
 |  | Tenaska Equity |  |  | Merchant | Generation Investments | 0 | 0 | 0 | 0 | 0
 |  | Tenaska TRS Step II |  |  | Merchant | Generation Investments | 0 | 0 | 0 | 0 | 0
 |  | Westwin Energy |  |  | Merchant | Energy Capital | 0 | 0 | 0 | 0 | 0
 |  | Alpine Preferred Stock |  |  | Merchant | West Orig | 0 | 0 | 0 | 0 | 0
 |  | Alpine Warrants |  |  | Merchant | West Orig | 0 | 0 | 0 | 0 | 0
 |  | Byers Locate Service |  |  | Merchant | Principal Investing | 0 | 0 | 0 | 0 | 0
 |  | CanGen |  |  | Merchant | Principal Investing | 0 | 0 | 0 | 0 | 0
 |  | Crescendo Energy LLC |  |  | Merchant | Energy Capital | 0 | 0 | 0 | 0 | 0
 |  | Cypress Exploration |  |  | Merchant | Energy Capital | 0 | 0 | 0 | 0 | 0
 |  | Dais Analytics |  |  | Merchant | Principal Investing | 0 | 0 | 0 | 0 | 0
 |  | ENCorp |  |  | Merchant | Principal Investing | 0 | 0 | 0 | 0 | 0
 |  | Fuel Cell Energy |  |  | Merchant | Principal Investing | 0 | 0 | 0 | 0 | 0
 |  | Hancock |  |  | Merchant | Restructuring | 0 | 0 | 0 | 0 | 0
 |  | Hanson Production Co. |  |  | Merchant | Energy Capital | 0 | 0 | 0 | 0 | 0
 |  | iMedion |  |  | Merchant | Principal Investing | 0 | 0 | 0 | 0 | 0
 |  | Las Vegas Cogen Debt Equity |  |  | Merchant | West Orig | 0 | 0 | 0 | 0 | 0
 |  | Las Vegas Cogen Equity & Commodity |  |  | Merchant | West Orig | 0 | 0 | 0 | 0 | 0
 |  | [NAME] |  |  | Merchant | Restructuring | 0 | 0 | 0 | 0 | 0
 |  | Mariner Warrants |  |  | Merchant | Restructuring | 0 | 0 | 0 | 0 | 0
 |  | [NAME] |  |  | Merchant | Restructuring | 0 | 0 | 0 | 0 | 0
 |  | MCN TRS |  |  | Merchant | Generation Investments | 0 | 0 | 0 | 0 | 0
 |  | MTC Metering  Corp |  |  | Merchant | Principal Investing | 0 | 0 | 0 | 0 | 0
 |  | Pioneer Chlor (Cactus) |  |  | Merchant | West Orig | 0 | 0 | 0 | 0 | 0
 |  | Power Systems Mfg |  |  | Merchant | Principal Investing | 0 | 0 | 0 | 0 | 0
 |  | [NAME] |  |  | Merchant | Energy Capital | 0 | 0 | 0 | 0 | 0
 |  | Solo Energy Corporation |  |  | Merchant | Energy Capital | 0 | 0 | 0 | 0 | 0
 |  | Syntroleum Membership Interest |  |  | Merchant | Principal Investing | 0 | 0 | 0 | 0 | 0
 |  | Tridium Loan |  |  | Merchant | Principal Investing | 0 | 0 | 0 | 0 | 0
 |  | Tridium Equity |  |  | Merchant | Principal Investing | 0 | 0 | 0 | 0 | 0
 |  | Active Power (R) |  |  | Merchant | Principal Investing | 0 | 0 | 0 | 0 | 0
 |  | Black Bay (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 | 0 | 0
 |  | City Forest IPC (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 | 0 | 0
 |  | HV Marine Warrants (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 | 0 | 0
 |  | Juniper (R) |  |  | Merchant | Energy Capital | 0 | 0 | 0 | 0 | 0
 |  | [NAME] (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 | 0 | 0
 |  | Texland (R) |  |  | Merchant | Energy Capital | 0 | 0 | 0 | 0 | 0
 |  | Venoco (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 | 0 | 0
 |  | WB Oil & Gas (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 | 0 | 0
 |  | [NAME] (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 | 0 | 0
 |  | Carrizo Warrants (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 | 0 | 0
 |  | Catalytica (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 | 0 | 0
 |  | [NAME] (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 | 0 | 0
 |  | Heartland Steel Common (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 | 0 | 0
 |  | Heartland Steel Cont Loan (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 | 0 | 0
 |  | Heartland Steel EAS (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 | 0 | 0
 |  | Heartland Steel Seed Money (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 | 0 | 0
 |  | Heartland Steel Warrants (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 | 0 | 0
 |  | Hughes Rawls Loan (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 | 0 | 0
 |  | Invasion (R) |  |  | Merchant | Canada | 0 | 0 | 0 | 0 | 0
 |  | LSI Preferred (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 | 0 | 0
 |  | LSI Warrants (R) |  |  | Merchant | Restructuring | 0 | 0 | 0 | 0 | 0
 |  | Enovate |  |  | Strategic | Gas - Midwest Orig | 0 | 0 | 0 | 0 | 0
 |  | G) Total Returns Swaps
 |  | [NAME] |  |  | Merchant | Technical Services | 0 | 0 | 0 | 0 | 0
 |  | Mid Texas |  |  | Merchant | Technical Services | 0 | 0 | 0 | 0 | 0
 |  | Motown |  |  | Merchant | Generation Investments | 0 | 0 | 0 | 0 | 0
 |  | Tenaska/Cornhusker |  |  | Merchant | Generation Investments | 0 | 0 | 0 | 0 | 0
 |  | H) OTHER ASSETS
 |  | Sithe Tracking Account |  |  | Merchant | OOC
 |  | IT PP&E |  |  | Strategic | OOC
 |  | [NAME], Other PP&E |  |  | Strategic | OOC
 |  | Onadaga |  |  | Merchant | OOC
 |  | Net A/R and A/P Trade |  |  | Strategic | OOC
 |  | Cash, Working Funds & Temp Cash Invest |  |  | Strategic | OOC
 |  | Inventories and Materials & Supplies |  |  | Strategic | HPL???
 |  | NEW CAPITAL
 |  | Energy Capital Resources
 |  | Generation Investments
 |  | Principal Investing
 |  | West Orig - QF
 |  | West Power - Turbines/Development
 |  | East Power - Turbines/Development
 |  | Canada - Turbines/Development
 |  | Mexico - Turbines/Development