Spreadsheet: tracy_geaccone__40309__EOTT_3QF_07F
Sheet: MTBE_IS

EOTT Energy Liquids |  |  |  |  |  |  |  |  |  |  |  |  |  | (Thousands of Dollars)
MTBE Plant Income Statement
2001 3rd [NAME] (July Flash)
 |  |  |  |  | Jul | Aug | Sep | Oct | Nov | Dec |  | 2001 |  | Var O/(U)
 |  |  |  |  | Flash | Fcst | Fcst | Fcst | Fcst | Fcst |  | Total Year |  | 01 Plan
Revenue
 | Conversion Fee |  |  |  | 4805 | 4805 | 4804 | 4805 | 4805 | 4805 |  | 28829 |  | 0
 | Excess Conversion Fee |  |  |  | 150 | 105 | 46 | 152 | 147 | 156 |  | 756 |  | 124
 | Excess Products Fee |  |  |  | 934 | 656 | 286 | 343 | 330 | 350 |  | 2899 |  | 2531
 | Normal Butane Yield |  |  |  | 306 | 30 | 27 | 33 | 32 | 33 |  | 461 |  | 461
 | Methanol Yield |  |  |  | 71 | 22 | 20 | 24 | 24 | 24 | 0 | 185 |  | 185
 | Natural Gas Yield |  |  |  | 212 | 92 | 89 | 103 | 99 | 103 |  | 698 |  | 698
 | Storage Purchase Fee |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 0 |  | 0
 | Throughput Fee |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 0 |  | 0
 | Excess Throughput Fee |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 0 |  | 0
 | Adjustments |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 0 |  | 0
 | Other |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 0 |  | 0
 |  | Total Revenue |  |  | 6478 | 5710 | 5272 | 5460 | 5437 | 5471 |  | 33828 |  | 3999
Plant Controllable Expenses
 | O&M - Payroll, Benefits & P/R Taxes |  |  |  | 835 | 829 | 829 | 829 | 829 | 829 |  | 4980 |  | 0
 | O&M - Employee Expense |  |  |  | 46 | 60 | 60 | 60 | 60 | 61 |  | 347 |  | 0
 | O&M - Supplies & Expense |  |  |  | 468 | 332 | 332 | 333 | 332 | 333 |  | 2130 |  | 329
 | O&M - Outside Services |  |  |  | 487 | 343 | 343 | 343 | 343 | 343 |  | 2202 |  | 0
 | O&M - Rents |  |  |  | 22 | 38 | 39 | 39 | 39 | 39 |  | 216 |  | 0
 | O&M - Chemicals |  |  |  | 67 | 91 | 91 | 92 | 91 | 92 |  | 524 |  | 0
 | O&M - Computer Systems |  |  |  | -8 | 27 | 27 | 28 | 27 | 28 |  | 129 |  | 0
 | O&M - Environmental |  |  |  | 29 | 32 | 32 | 33 | 49 | 23 |  | 198 |  | 0
 | Natural Gasoline for Blending |  |  |  | 42 | 43 | 32 | 37 | 38 | 38 |  | 230 |  | 230
 | Regen  Expense |  |  |  | 0 | 36 | 30 | 36 | 35 | 36 |  | 173 |  | -36
 | Purchased Power |  |  |  | 417 | 388 | 388 | 388 | 388 | 388 |  | 2357 |  | 29
 | Catalyst - Consumable |  |  |  | 97 | 562 | 123 | 18 | 7 | 3 |  | 810 |  | 0
 | [NAME] Royalty |  |  |  | 0 | 0 | 23 | 131 | 127 | 133 |  | 414 |  | 0
 | Annual Planned Maintenance |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 0 |  | 0
 | Adjustments |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 0 |  | 0
 | Other |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 0 |  | 0
 |  | Total Plant Controllable Exp |  |  | 2502 | 2781 | 2349 | 2367 | 2365 | 2346 |  | 14710 |  | 552
Non-Controllable Expenses
 | Amortization - Turnaround/Catalyst |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 0 |  | 0
 | Amort - Other (Debot/PSM/WWO/Refin) |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 0 |  | 0
 | Staff |  |  |  | 176 | 87 | 87 | 87 | 87 | 87 |  | 611 |  | 87
 | Insurance |  |  |  | 114 | 114 | 114 | 114 | 114 | 115 |  | 685 |  | 0
 | Depreciation |  |  |  | 331 | 331 | 331 | 331 | 331 | 331 |  | 1986 |  | 0
 | Ad Valorem Tax |  |  |  | 90 | 83 | 83 | 84 | 83 | 83 |  | 506 |  | 6
 | Franchise Tax |  |  |  | 0 | 1 | 1 | 1 | 1 | 1 |  | 5 |  | 0
 | Adjustments |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 0 |  | 0
 | Other |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 0 |  | 0
 |  | Total Non-Controllable Exp |  |  | 711 | 616 | 616 | 617 | 616 | 617 |  | 3793 |  | 93
Total Expenses |  |  |  |  | 3213 | 3397 | 2965 | 2984 | 2981 | 2963 |  | 18503 |  | 645
Income Before Interest & Taxes |  |  |  |  | 3265 | 2313 | 2307 | 2476 | 2456 | 2508 |  | 15325 |  | 3354
Other Income/(Expense)
 | Other |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 0 |  | 0
 | Other |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 0 |  | 0
 | Adjustments |  |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 0 |  | 0
 |  | Total Other Income/(Expense) |  |  | 0 | 0 | 0 | 0 | 0 | 0 |  | 0 |  | 0
Income Before Interest & Taxes |  |  |  |  | 3265 | 2313 | 2307 | 2476 | 2456 | 2508 |  | 15325 |  | 3354
Plan Income Before Interest & Taxes |  |  |  |  | 2147 | 2157 | 1473 | 1901 | 2120 | 2173 |  | 11971 |  | 15325
Operating Statistics |  |  |  |  | Jul | Aug | Sep | Oct | Nov | Dec |  | 2001 |  | Var O/(U)
 |  |  |  |  | Flash | Fcst | Fcst | Fcst | Fcst | Fcst |  | Ave/Total |  | 01 Plan
Average, Daily Production Barrels:
 | MTBE Equivalent:
 |  | Base |  |  | 13659 | 13659 | 13659 | 13659 | 13659 | 13659 |  | 13659 |  | 0
 |  | Excess |  |  | 2874 | 2020 | 439 | 2922 | 2376 | 2989 |  | 2443 |  | 402
 |  | Average, Daily Production Barrels |  |  | 16533 | 15679 | 14098 | 16581 | 16035 | 16648 |  | 16102 |  | 402
Total Monthly Production MGallons:
 | MTBE Equivalent:
 |  | Base |  |  | 17784 | 17784 | 17210 | 17784 | 17210 | 17785 |  | 105557 |  | 0
 |  | Excess |  |  | 3742 | 2630 | 1146 | 3805 | 3668 | 3891 |  | 18882 |  | 3110
 |  | Total Monthly Production Mgallons |  |  | 21526 | 20414 | 18356 | 21589 | 20878 | 21676 |  | 124439 |  | 3110
Excess Fee Margin:
 | Monthly Average                                  ($/Gal) |  |  |  | 0.2418 | 0.3091999999999999 | 0.2807999999999999 | 0.1058 | 0.09889999999999999 | 0.09539999999999998 |  | 0.18865 |  | 0.1403499999999999
 | Quarterly Average                                ($/Gal) |  |  |  |  |  | 0.2773 |  |  | 0.1 |  | 0.18865 |  | 0.14035
Actual Yields Per Gallon of MTBE Equiv:
 | Normal Butane                                  (Gallons) |  |  |  | 0.971 | 0.997 | 0.997 | 0.997 | 0.997 | 0.997 |  | 0.9926666666666666 |  | -0.007333333333333414
 | Natural Gas                                      (MMBtus) |  |  |  | 0.0074 | 0.009 | 0.009 | 0.009 | 0.009 | 0.009 |  | 0.008733333333333334 |  | -0.001766666666666666
Actual Yields Per Gallon of MTBE:
 | Methanol                                           (Gallons) |  |  |  | 0.334 | 0.342 | 0.342 | 0.342 | 0.342 | 0.342 |  | 0.3406666666666667 |  | -0.0043333333333333