Spreadsheet: mike_grigsby__27696__MikeP&L_05_07
Sheet: Sheet1

ENRON CAPITAL AND TRADE RESOURCES
DAILY POSITION STATEMENT |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Approval:
RISK BOOKS
2001-05-07 00:00:00
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | SUBTOTAL |  | GRAND  TOTAL
 |  | GD New Swaps |  | Price |  | Basis |  | Basis Option |  | GD New Swaps - JR |  | Price - JR |  | Basis - JR |  | Swaps |  | Gas Daily New
Post ID |  | 1130330 |  | 1130347 |  | 1130341 |  |  |  | 1130349 |  | 1130352 |  | 1130351
[NAME])  (Million MMbtu)
2001-05-07 00:00:00
Volatility Factor (d) |  | 1 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 1 |  | 1
Net NPV Position |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | #REF! |  | #REF!
Price Equivalent Net NPV Position |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | #REF! |  | #REF!
Net NPV Position (MM Bbls)
Net NPV Position (C $)
Gross Purchases Position |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | #REF! |  | #REF!
Gross Sales Position |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | #REF! |  | #REF!
Net Notional Position |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | #REF! |  | #REF!
Through May 31, 1999
Gross Purchases Position |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | #REF! |  | #REF!
Gross Sales Position |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | #REF! |  | #REF!
Net Notional Position |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | #REF! |  | #REF!
Change since May 31, 1999 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | #REF! |  | #REF!
[NAME]  (in thousands)
2001-05-07 00:00:00
Gross Book Balance |  | 7119058.955800001 |  | -352677569.8062 |  | 331656198.4080001 |  | 0 |  | -201936.7587 |  | 466608.4647 |  | -10022786.9238 |  | -23660427.66019998 |  | -23660427.66019998 |  |  | GD-NEW and GD-NEW JR FINANCIAL: MTD and YTD |  |  |  | TOTAL | NYMEX
Prudence |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  | GD Swaps | Basis | Price | Total | Overage Granted | Overage
Liquidated |  | 154495201.8269 |  | 19694853.453 |  | 247516347.2859001 |  | 0 |  | -2113668.7917 |  | -1231748.6704 |  | 17442173.2945 |  | 435803158.3982 |  | 435803158.3982 |  | 2001-01-01 00:00:00 | 26991883.9793 | -1159961.996500001 | -53470.50050000002 | 25778451.4823 | 1263208 | ?
LTD Gross Recognized Balance |  | 161614260.7827 |  | -332982716.3532 |  | 579172545.6939001 |  | 0 |  | -2315605.5504 |  | -765140.2056999999 |  | 7419386.3707 |  | 412142730.7380001 |  | 412142730.738 |  | 2001-02-01 00:00:00 | -21104867 | 516722998 | -349735363 | 145882768 | 2583578.2 | ?
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2001-03-01 00:00:00 | -7794738.4579 | 60684374.54550005 | 13758758.54460001 | 66648394.63220005 | 16698 | ?
2001-05-07 00:00:00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2001-04-01 00:00:00 | 1849931.113900003 | -229148534.4526 | -10757906.5357 | -238056509.8744 | 28178023.25 | 0
Originated Transactions |  | 0 |  | 0 |  | 6780 |  | 0 |  | 0 |  | 0 |  | 339 |  | 7119 | 6.78 | 7119 |  | 2001-05-01 00:00:00 | -14475626.2801 | -46028434.0957 | 3166009.304500001 | -57338051.0713 | 7118.7 | 0
Hedge management |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2001-06-01 00:00:00
New Deals |  | -161691.5725 |  | 2167212.4715 |  | 1358274.1534 |  | -2012327 |  | 122750 |  | 13473.3708 |  | 49483.2223 |  | 3549501.645500001 |  | 1537174.6455 |  | 2001-07-01 00:00:00
Change in Price |  | -13635772.5905 |  | 216269.9637 |  | 455098.36 |  | 24286 |  | 0 |  | 767346.5186000001 |  | 3286.45 |  | -12193771.2982 |  | -12169485.2982 |  | 2001-08-01 00:00:00
Change in Basis Price |  | 0 |  | 0 |  | -46864608.1849 |  | 0 |  | 0 |  | 0 |  | -1009661.4672 |  | -47874269.6521 |  | -47874269.6521 |  | 2001-09-01 00:00:00
Change in Index Price/Gas Daily |  | 0 |  | 0 |  | 0 |  | 0 |  | -800912.1170999999 |  | 0 |  | 0 |  | -800912.1170999999 |  | -800912.1170999999 |  | 2001-10-01 00:00:00
Gamma |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 2001-11-01 00:00:00
Change in Implied Volatility (Vega) |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 2001-12-01 00:00:00
Theta |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  | -14533416.6448 | 301070442.0007 | -343621972.1871001 | -57084946.83119994 | 32048626.15
Change in Time |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Broker Fees |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | GD-NEW |  |  | GD-NEW JR
Total Hedge Management |  | -13797464.163 |  | 2383482.4352 |  | -45051235.6715 |  | -1988041 |  | -678162.1170999999 |  | 780819.8894000001 |  | -956891.7949000002 |  | -57319451.4219 |  | -59307492.4219 |  | Daily - Financial | -21130455.5875 |  | Daily - Financial | 148166.687
Change in Price Prudence |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | Daily - Physical | 3610697.214379766 |  | Daily - Physical | 0
Other Changes |  | 0 |  | 1706.9799 |  | -27648.4642 |  | 0 |  | 0 |  | 0 |  | 222.8349 |  | -25718.6494 |  | -25718.6494 |  | Total Daily P&L | -17519758.37312024 |  | Total Daily P&L | 148166.687
MTD Income (Loss) |  | -13797464.163 |  | 2385189.4151 |  | -45072104.13569999 |  | -1988041 |  | -678162.1170999999 |  | 780819.8894000001 |  | -956329.96 |  | -57338051.0713 |  | -59326092.07130001 | -59333210.77130001
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Monthly - Financial | -58472419.8836 |  | Monthly - Financial | -853672.1877
2001-05-07 00:00:00 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Monthly - Physical | -17690418.14726207 |  | Monthly - Physical | 0
Gross Book Balance (including Current Month Rho & Drift) |  | -2394575.8693 |  | -352160461.5017 |  | 288308849.4569001 |  | -1988041 |  | -638675 |  | 1248788.2824 |  | -10982647.6123 |  | -76618722.24399993 |  | -78606763.24399993 |  | Total Monthly P&L | -76162838.03086206 | -76169956.73086207 | Total Monthly P&L | -853672.1877
Current Month: Rho |  | 4179.891000000001 |  | -1538700.2208 |  | 1284853.5631 |  | 0 |  | -0.3128 |  | 378.0679000000001 |  | 3449.5418 |  | -245839.4698 |  | -245839.4698
Drift |  | 7091.250900000001 |  | -329381.3658 |  | 439901.9362 |  | 0 |  | -25.8114 |  | 981.8604 |  | -6980.2658 |  | 111587.6045 |  | 111587.6045 |  | YTD - Financial | -115976203.4028999 |  | YTD - Financial | -8516314.577600002
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | YTD - Physical | 93627078.85273793 |  | YTD - Physical | 0
Gross Book Balance (excluding Current Month Rho & Drift) |  | -2394575.8693 |  | -352160461.5017 |  | 288308849.4569001 |  | -1988041 |  | -638675 |  | 1248788.2824 |  | -10982647.6123 |  | -76618722.24399993 |  | -78606763.24399993 |  | Total YTD P&L | -22349124.55016193 | -54397750.70016193 | Total YTD P&L | -8516314.577600002
Prudence |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |  | 0 | 0 | 0 |  |  | .
Liquidated |  | 150211372.685 |  | 21562935.0396 |  | 245791591.7866001 |  | 0 |  | -2355092.6675 |  | -1233108.5987 |  | 17445704.0185 |  | 431423402.2635 |  | 431423402.2635 |  | 2001-02-23 00:00:00 | Socal Transport Prudency (Physical) |  | -100000000
Gross Recognized Balance |  | 147816796.6197 | -0.4760000705718994 | -330597526.9381 | 0.3147000074386597 | 534100441.5582001 | 0 | -1988041 | 0 | -2993767.6675 | 0 | 15679.68370000017 | 0.004500000737607479 | 6463056.4107 |  | 354804679.6667001 | -0.3527998924255371 | 352816638.6667001 |  | 2001-02-26 00:00:00 | Socal Transport Prudency (Physical) |  | 100000000
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2001-03-28 00:00:00 | Socal Liquidity |  | -75000000
LTD Through December 31, 2000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2001-03-30 00:00:00 | Socal Liquidity |  | -75000000
Gross Recognized Balance | -0.4493999999249354 | 163874974 |  | 21045961 | 0 | 280386939 | 0 | 0 | 0 | 3271138 | 0 | -967532 | 0 | 9697676 |  | 477309156 |  | 477309156
 | 0.1959999799728394 |  | 0.4760000705718994 |  | -0.3147000074386597 |  | 0 |  | 0 |  | 0 |  | -1.00450000166893 |  |  |  | -0.6472000479698181
2001-05-07 00:00:00
Gross Book Balance |  | -1935330.8693 |  | -360829813.5017 |  | 198914280.4569001 |  | -1988041 |  | -1048214 |  | 2416257.2824 |  | -11709261.6123 |  | -174192082.2439999 |  | -176180123.2439999
Prudence |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Liquidated |  | -14122846.31500003 |  | 9186326.0396 |  | 54799221.78660005 |  | 0 |  | -5216691.6675 |  | -1433045.5987 |  | 8474641.0185 |  | 51687605.26350002 |  | 51687605.26350002
Gross Recognized Balance |  | -16058177.18430003 |  | -351643487.4621 |  | 253713502.2435001 |  | -1988041 |  | -6264905.6675 |  | 983211.6836999999 |  | -3234620.593800001 |  | -122504476.9804999 |  | -124492517.9804999 |  | TOTAL SCHEDULE C ADJUSTMENT: |  |  | -150000000
Income (Loss) from Today's....
Originated Transactions |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Hedge management
New Deals |  | 0 |  | 231.4829000001773 |  | 20935.59630000009 |  | 0 |  | 0 |  | 0 |  | -42964.2159 |  | -21797.13669999973 |  | -21797.13669999973
Change in Price |  | -1762694.5 |  | -41589.89439999999 |  | 459069.03 |  | 24286 |  | 0 |  | 538438.5333 |  | 0 |  | -806776.8311000001 |  | -782490.8311000001
Change in Basis Price |  | 0 |  | 0 |  | -19820066.1965 |  | 0 |  | 0 |  | 0 |  | -169079.7842 |  | -19989145.9807 |  | -19989145.9807
Change in Index Price/Gas Daily |  | 0 |  | 0 |  | 0 |  | 0 |  | -178175 |  | 0 |  | 0 |  | -178175 |  | -178175
Gamma |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Change in Implied Volatility (Vega) |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Theta |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Change in Time |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Broker Fees |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Total Hedge Management |  | -1762694.5 |  | -41358.41149999981 |  | -19340061.5702 |  | 24286 |  | -178175 |  | 538438.5333 |  | -212044.0001 |  | -20995894.9485 |  | -20971608.9485
Change in Price Prudence |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Other Changes |  | 0 |  | 212.9312 |  | -10840.037 |  | 0 |  | 0 |  | 0 |  | -52.84620000000001 |  | -10679.952 |  | -10679.952
Total Daily Income (Loss) |  | -1762694.5 |  | -41145.48029999981 |  | -19350901.6072 |  | 24286 |  | -178175 |  | 538438.5333 |  | -212096.8463 |  | -21006574.9005 |  | -20982288.9005
LTD Gross recognized as of prior day |  | 149579491.1197 | -0.4749000072479248 | -330556381.4578 | 0.3139001131057739 | 553451343.1654001 | 0 | -2012327 | 0 | -2815592.6675 | 0 | -522758.8495999998 | 0.004499997943639755 | 6675153.256999999 |  | 375811254.5672001 | 0.2315000295639038 | 373798927.5672001 |  | 36948 | Socal Transport Prudency (Physical) |  | 100000000
Prior Day Origination |  | 0 |  | 0 |  | 6780 |  | 0 |  | 0 |  | 0 |  | 339 |  | 7119 | 6.78 | 7119 |  | 37012 | -12534756.7801 | -26465435.6422 | 2668716.2515 | -36331476.17079999 | 7118.7 | 0
Prior Day Hedge Management |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 37043
Prior Day New Deals |  | -161691.5725 |  | 2166980.9886 |  | 1337338.5571 |  | -2012327 |  | 122750 |  | 13473.3708 |  | 92447.4382 |  | 3571298.7822 |  | 1558971.7822 |  | 37073
Prior Day Change in Price |  | -11873078.0905 |  | 257859.8581 |  | -3970.67 |  | 0 |  | 0 |  | 228907.9853000001 |  | 3286.45 |  | -11386994.4671 |  | -11386994.4671 |  | 37104
Prior Day Change in Basis Price |  | 0 |  | 0 |  | -27044541.9884 |  | 0 |  | 0 |  | 0 |  | -840581.6830000002 |  | -27885123.6714 |  | -27885123.6714 |  | 37135
Prior Day Change in Index Price |  | 0 |  | 0 |  | 0 |  | 0 |  | -622737.1170999999 |  | 0 |  | 0 |  | -622737.1170999999 |  | -622737.1170999999 |  | 37165
Prior Day Gamma |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 37196
Prior Day Change in Implied Volatility |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 37226
Prior Day Theta |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  | -12592547.1448 | 320633440.4542 | -344119265.2401 | -36078371.93069994 | 32048626.15
Prior Day Change in time |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0
Prior Day  Broker Fees |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | GD-NEW |  |  | GD-NEW JR
Prior Day Hedge Management - Total |  | -12034769.663 |  | 2424840.8467 |  | -25711174.1013 |  | -2012327 |  | -499987.1170999999 |  | 242381.3561000001 |  | -744847.7948000001 |  | -36323556.4734 |  | -38335883.4734 |  | Daily - Financial | 17138070.7649 |  | Daily - Financial | 942014.1748000002
Prior Day Prudency |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | Daily - Physical | -5673331.463945958 |  | Daily - Physical | 0
Prior Day Other |  | 0 |  | 1494.0487 |  | -16808.4272 |  | 0 |  | 0 |  | 0 |  | 275.6811 |  | -15038.6974 |  | -15038.6974 |  | Total Daily P&L | 11464739.30095404 |  | Total Daily P&L | 942014.1748000002
Zero Out-LTD Gross recognized as of prior day | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 |  |  | -1.164153218269348e-10 | 0
Zero Out-Prior Day Origination |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  | 0
Zero Out-Prior Day Hedge Management
Zero Out-Prior Day Change in New Deals |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  | 0
Zero Out-Prior Day Change in Price |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  | 0
Zero Out-Prior Day Change in Basis Price |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  | 0
Zero Out-Prior Day Change in Index Price |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  | 0
Zero Out-Prior Day Gamma |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  | 0
Zero Out-Prior Day Change in Implied Volatility |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  | 0
Zero Out-Prior Day Theta |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  | 0
Zero Out-Prior Day Change in Time |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  | 0
Zero Out-Prior Day  Broker Fees |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  | 0
Zero Out-Prior Day Hedge Management - Total |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  | 0
Zero Out-Prior Day Prudency |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  | 0
Zero Out-Prior Day Other |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |  |  |  | 0