EXHIBIT 99.1
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
CHAPTER 11
IN RE: ENRON
CORP., ET AL., DEBTORS CASE NOS. 01-16033 THROUGH 01-16046, 01-16048,
01-16076, 01-16078, 01-16080, 01-16109 THROUGH
01-16111, 01-16280, 01-16319, 01-16428 THROUGH
01-16431, 01-16467, 01-16483, 02-10007, 02-10038,
02-10059 THROUGH 02-10061, 02-10132, 02-10232,
02-10252, 02-10346, 02-10464, 02-10613, 02-10632,
02-10743, 02-10747, 02-10748, 02-10751, 02-10755,
02-10757, 02-10760, 02-10761, 02-10764, 02-10766,
02-10939, 02-11123, 02-11239, 02-11242, 02-11267,
02-11268, 02-11272, 02-11824, 02-11884, 02-12104 ,
02-12105, 02-12106, 02-12347, 02-12398, 02-12400,
02-12402, 02-12403, 02-12902, 02-13702, 02-13723,
02-14046, 02-14632
(JOINTLY ADMINISTERED)
MONTHLY OPERATING STATEMENT FOR
THE MONTH ENDED SEPTEMBER 30, 2002
DEBTORS' ADDRESS: Enron Corp. et al.
1400 Smith Street
Houston, TX 77002
DEBTORS' ATTORNEY: Weil, Gotshal & Manges LLP
767 Fifth Avenue
New York, NY 10153
REPORT PREPARER: Enron Corp. et al.
THIS OPERATING STATEMENT MUST BE SIGNED
BY A REPRESENTATIVE OF THE DEBTORS
The undersigned, having reviewed the attached report and being familiar
with the Debtors' financial affairs, verifies under penalty of perjury, that the
information contained herein is complete, accurate and truthful to the best of
my knowledge.
The undersigned also verifies that, to the best of my knowledge, all
insurance policies of the Debtors have been paid currently.
DATE: December 11, 2002 By: /s/ Raymond M. Bowen, Jr.
--------------------------------
Name: Raymond M. Bowen, Jr.
Title: Executive Vice President and
Chief Financial Officer
6
EXPLANATORY NOTES
BASIS OF PRESENTATION OF MONTHLY OPERATING REPORT FOR SEPTEMBER 2002
Beginning on December 2, 2001 (the original petition date), Enron Corp. (the
"Company") and certain of its subsidiaries (collectively, the "Debtors") filed
voluntary petitions for reorganization under Chapter 11 of the United States
Bankruptcy Code in the United States Bankruptcy Court for the Southern District
of New York. Additional subsidiaries of the Company have continued to file since
that time. The Debtors continue to manage their businesses as
debtors-in-possession in the ordinary course of business.
The Company cautions readers not to place undue reliance upon the information
contained in this monthly operating report (the "Operating Report"). This
Operating Report contains unaudited information, and does not present a balance
sheet of the Company. The information is subject to further review and potential
adjustment and may not be indicative of the Company's financial condition or
operating results that would be reflected in the Company's consolidated
financial statements. There can be no assurance that this Operating Report is
complete. Information is presented only for the Debtors that have filed through
September 2002 and therefore does not include all entities that would be
included with the Company's consolidation. Moreover, the Company undertakes no
obligation to update or revise the Operating Report.
The following analyses are included:
Table 1 -- Cash Activity Rollforward
o Represents cash activity for each debtor, including payments and receipts
made by Enron affiliates on behalf of the debtors. Beginning balance
reflects cash as of the previous month-end, regardless of the Debtors'
filing dates. The ending balance reflects checks that were written but
have not cleared the bank.
Table 2 -- Tax Rollforward (Non-Payroll)
o Includes all taxes payable (net of tax refunds receivable) except those
related to payroll. Note that federal and state income taxes are accrued
quarterly on a separate company basis. Currently, entities included in the
Enron consolidated tax group are not transferring their tax accrual to
Enron Corp. An adjustment is recorded on Enron Corp. to reflect a partial
utilization of the Enron Corp. consolidated net operating loss
carryforward.
Table 3 -- Post-Petition Payables Aging - Non-Commodity
o Includes all post-petition payables except those related to commodity
trading. The "other" column represents the amount of the 20% holdback of
professional fees related to billings of certain professionals. Payment of
this amount will be subject to approval by the bankruptcy court.
7
Table 4 -- Receivables Aging - Non-Commodity
o Includes all trade and other receivables except those related to commodity
trading and tax refunds included in Table 2. The "other" column represents
unbilled receivables, notes receivable, allowance for doubtful accounts
and other accounts that have not been aged.
Table 5 -- Receivables Rollforward - Non-Commodity
o Includes all trade and other receivables except those related to commodity
trading and tax refunds included in Table 2. The "other" column represents
unbilled receivables and other adjustments.
Table 6 -- Commodity Receivables and Payables
o Represents receivables and pre- and post-petition payables related to
commodity trading. Certain of these receivables may be subject to a right
of offset against liabilities to the applicable counterparty.
Table 7 -- Asset Dispositions
o Includes asset sales closed during the period, including those made by
non-debtor entities, except normal course sales of inventory. Also
excludes settlements and sales of wholesale and retail trading and service
contracts. Asset sales by unconsolidated affiliates are footnoted. Current
management of the Company makes no representation as to the accuracy of
the book value of the assets sold. Additionally, the proceeds reported may
change as a result of the resolution of ongoing purchase price adjustment
disputes with respect to certain of the asset dispositions.
8
Table 1
Enron Debtors
Cash Activity Rollforward
For the Month Ended September 30, 2002
(In Millions)
Transfer to
Beginning 3rd Party 3rd Party Net Restricted Ending
Debtor Company Case No. Balance Receipts Disbursements Intercompany Cash Balance(b)
- ------------------------------------------------------------------------------------------------------------------------------------
Enron Metals & Commodity Corp. 01-16033 $ 28 $ 2 $ (1) $ -- $(24) $ 5
Enron Corp. 01-16034 168 19 (69) (19) -- 99
Enron North America Corp. 01-16035 554 19 (12) 29 -- 590
Enron Power Marketing, Inc. 01-16036 -- 32 (8) (24) -- --
PBOG Corp. 01-16037 -- -- -- -- -- --
Smith Street Land Company 01-16038 -- 5 -- -- -- 5
Enron Broadband Services, Inc. 01-16039 -- 1 (4) 3 -- --
Enron Energy Services Operations, Inc. 01-16040 39 31 (15) 12 -- 67
Enron Energy Marketing Corp. 01-16041 -- 12 -- (11) -- 1
Enron Energy Services, Inc. 01-16042 251 45 (28) -- (22) 246
Enron Energy Services, LLC 01-16043 -- -- -- -- -- --
Enron Transportation Services Company 01-16044 -- -- -- -- -- --
BAM Leasing Company 01-16045 -- -- -- -- -- --
ENA Asset Holdings, L.P. 01-16046 1 -- -- -- -- 1
Enron Gas Liquids, Inc. 01-16048 -- 1 -- (1) -- --
Enron Global Markets LLC 01-16076 -- -- (1) 1 -- --
Enron Net Works L.L.C 01-16078 2 1 (14) 12 -- 1
Enron Industrial Markets LLC 01-16080 -- -- (1) 1 -- --
Operational Energy Corp. 01-16109 -- -- -- -- -- --
Enron Engineering & Construction Co. 01-16110 2 1 (1) -- -- 2
Enron Engineering & Operational
Services Co. 01-16111 -- -- -- -- -- --
Garden State Paper Company LLC 01-16280 1 7 (1) -- -- 7
Palm Beach Development Company, L.L.C 01-16319 -- -- -- -- -- --
Tenant Services, Inc. 01-16428 7 -- (7) -- -- --
Enron Energy Information
Solutions, Inc. 01-16429 -- -- -- -- -- --
EESO Merchant Investments, Inc. 01-16430 -- -- -- -- -- --
Enron Federal Solutions, Inc. 01-16431 -- -- -- -- -- --
Enron Freight Markets Corp. 01-16467 -- -- -- -- -- --
Enron Broadband Services, L.P. 01-16483 -- -- -- -- -- --
Enron Energy Services North America, Inc. 02-10007 -- -- -- -- -- --
Enron LNG Marketing LLC 02-10038 -- -- -- -- -- --
Calypso Pipeline, LLC 02-10059 -- -- -- -- -- --
Enron Global LNG LLC 02-10060 -- -- -- -- -- --
Enron International Fuel Management Company 02-10061 -- -- -- -- -- --
Enron Natural Gas Marketing Corp. 02-10132 -- -- -- -- -- --
ENA Upstream Company LLC 02-10232 -- -- -- -- -- --
Enron Liquid Fuels, Inc. 02-10252 -- -- -- -- -- --
Enron LNG Shipping Company 02-10346 3 -- -- (1) -- 2
Enron Property & Services Corp. 02-10464 1 -- (2) 1 -- --
Enron Capital & Trade Resources
International Corp. 02-10613 22 1 -- (1) -- 22
Enron Communication Leasing Corp. 02-10632 -- -- -- -- -- --
Enron Wind Corp.(a) 02-10743
Enron Wind Systems, Inc.(a) 02-10747
Enron Wind Energy Systems Corp.(a) 02-10748
Enron Wind Maintenance Corp.(a) 02-10751
Enron Wind Constructors Corp.(a) 02-10755
Continued on the next page
9
Table 1
Enron Debtors
Cash Activity Rollforward - Continued
For the Month Ended September 30, 2002
(In Millions)
Transfer to
Transfer to
Beginning 3rd Party 3rd Party Net Restricted Ending
Debtor Company Case No. Balance Receipts Disbursements Intercompany Cash Balance(b)
- ----------------------------------------------------------------------------------------------------------- ------------------------
EREC Subsidiary I, LLC 02-10757 -- -- -- -- -- --
EREC Subsidiary II, LLC 02-10760 -- -- -- -- -- --
EREC Subsidiary III, LLC 02-10761 -- -- -- -- -- --
EREC Subsidiary IV, LLC 02-10764 -- -- -- -- -- --
EREC Subsidiary V, LLC 02-10766 -- -- -- -- --
Intratex Gas Company 02-10939 -- -- -- -- -- --
Enron Processing Properties, Inc. 02-11123 -- -- -- -- -- --
Enron Methanol Company 02-11239 -- -- -- -- -- --
Enron Ventures Corp. 02-11242 -- -- -- -- -- --
Enron Mauritius Company 02-11267 -- -- -- -- -- --
Enron India Holding Ltd. 02-11268 -- -- -- -- -- --
Offshore Power Production C.V 02-11272 -- -- -- -- -- --
The New Energy Trading Company 02-11824 253 -- -- -- -- 253
EES Service Holdings, Inc 02-11884 -- -- -- -- -- --
Enron Wind Development Corp.(a) 02-12104
ZWHC, LLC(a) 02-12105
Zond Pacific(a) 02-12106
Enron Reserve Acquisition Corp. 02-12347 -- -- -- -- -- --
EPC Estate Services, Inc.
(formerly National Energy Production
Corp.)(a) 02-12398
Enron Power & Industrial Construction(a) 02-12400
NEPCO Power Procurement Co.(a) 02-12402
NEPCO Services International, Inc.(a) 02-12403
San Juan Gas Company, Inc. 02-12902 1 -- -- -- -- 1
EBF, LLC 02-13702 -- -- -- -- -- --
Zond Minnesota Construction Co. LLC 02-13723 -- -- -- -- -- --
Enron Fuels International, Inc. 02-14046 -- -- -- -- -- --
E Power Holdings Corp. 02-14632 -- -- -- -- -- --
------------------------------------------------------------------------
Combined Debtor Entities $1,333 $177 $(164) $ 2 $(46) $ 1,302
========================================================================
Continued from the previous page
(a) Information regarding these entities is not complete following their recent
sales of assets and transfer of personnel to the buyers. They will be
included in future reports prospectively as soon as the issues related to
gathering this information are resolved.
(b) In addition to the cash ending balance, the debtor companies listed below
have restricted cash balances, primarily related to asset dispositions and
letters of credit, as follows (in millions):
<Table>
Enron Metals & Commodity Corp $ 24
Enron Corp. 64
Enron North America Corp. 55
Enron Broadband Services, Inc. 53
Enron Energy Services, Inc. 22
Enron Global LNG LLC 32
Enron LNG Shipping Company 24
----
$274
====
</Table>
10
Table 2
Enron Debtors
Tax Rollforward (Non-Payroll)
For the Month Ended September 30, 2002
(In Millions)
Beginning (Payments) Ending
Debtor Company Case No. Balance Accruals Refunds Balance
- ----------------------------------------------------------------------------------------------------------------
Enron Metals & Commodity Corp. 01-16033 $ (17) $ (1) $ - $ (18)
Enron Corp. 01-16034 175 166 - 341
Enron North America Corp. 01-16035 (22) (12) - (34)
Enron Power Marketing, Inc. 01-16036 (7) - - (7)
PBOG Corp. 01-16037 - - - -
Smith Street Land Company 01-16038 5 (5) - -
Enron Broadband Services, Inc. 01-16039 (26) (22) - (48)
Enron Energy Services Operations, Inc. 01-16040 (24) (27) - (51)
Enron Energy Marketing Corp. 01-16041 (22) 16 - (6)
Enron Energy Services, Inc. 01-16042 (16) (73) (1) (90)
Enron Energy Services, LLC 01-16043 (44) - - (44)
Enron Transportation
Services Company 01-16044 - - - -
BAM Leasing Company 01-16045 - (4) - (4)
ENA Asset Holdings, L.P. 01-16046 - - - -
Enron Gas Liquids, Inc. 01-16048 (1) (4) - (5)
Enron Global Markets LLC 01-16076 (2) (1) - (3)
Enron Net Works L.L.C. 01-16078 (17) (22) - (39)
Enron Industrial Markets LLC 01-16080 (2) (1) - (3)
Operational Energy Corp. 01-16109 - - - -
Enron Engineering &
Construction Co. 01-16110 1 (1) - -
Enron Engineering &
Operational Services Co. 01-16111 - - - -
Garden State Paper Company LLC 01-16280 2 (3) - (1)
Palm Beach Development Company, L.L.C. 01-16319 - - - -
Tenant Services, Inc. 01-16428 (7) (2) - (9)
Enron Energy Information
Solutions, Inc. 01-16429 - - - -
EESO Merchant Investments, Inc. 01-16430 - - - -
Enron Federal Solutions, Inc. 01-16431 - - - -
Enron Freight Markets Corp. 01-16467 - - - -
Enron Broadband Services, L.P. 01-16483 - - - -
Enron Energy Services North
America, Inc. 02-10007 - - - -
Enron LNG Marketing LLC 02-10038 - - - -
Calypso Pipeline, LLC 02-10059 - - - -
Enron Global LNG LLC 02-10060 - 11 - 11
Enron International Fuel Management
Company 02-10061 - - - -
Enron Natural Gas Marketing Corp. 02-10132 3 - - 3
ENA Upstream Company LLC 02-10232 - (1) - (1)
Enron Liquid Fuels, Inc. 02-10252 (2) (6) - (8)
Enron LNG Shipping Company 02-10346 - - - -
Enron Property & Services Corp. 02-10464 (1) (12) - (13)
Enron Capital & Trade Resources
International Corp. 02-10613 (2) - - (2)
Enron Communication Leasing Corp. 02-10632 (1) (1) - (2)
Enron Wind Corp.(a) 02-10743
Enron Wind Systems, Inc.(a) 02-10747
Enron Wind Energy Systems Corp.(a) 02-10748
Enron Wind Maintenance Corp.(a) 02-10751
Enron Wind Constructors Corp.(a) 02-10755
Continued on the next page
11
Table 2
Enron Debtors
Tax Rollforward (Non-Payroll) - Continued
For the Month Ended September 30, 2002
(In Millions)
Beginning (Payments) Ending
Debtor Company Case No. Balance Accruals Refunds Balance
- ----------------------------------------------------------------------------------------------------------------
EREC Subsidiary I, LLC 02-10757 - - - -
EREC Subsidiary II, LLC 02-10760 - - - -
EREC Subsidiary III, LLC 02-10761 - - - -
EREC Subsidiary IV, LLC 02-10764 - - - -
EREC Subsidiary V, LLC 02-10766 - - - -
Intratex Gas Company 02-10939 - - - -
Enron Processing Properties, Inc. 02-11123 - - - -
Enron Methanol Company 02-11239 (5) (1) - (6)
Enron Ventures Corp. 02-11242 - - - -
Enron Mauritius Company 02-11267 - - - -
Enron India Holding Ltd. 02-11268 - - - -
Offshore Power Production C.V. 02-11272 - - - -
The New Energy Trading Company 02-11824 - 1 - 1
EES Service Holdings Inc. 02-11884 - - - -
Enron Wind Development Corp.(a) 02-12104
ZWHC, LLC(a) 02-12105
Zond Pacific(a) 02-12106
Enron Reserve Acquisition Corp. 02-12347 13 (14) - (1)
EPC Estate Services, Inc.
(formerly National Energy Production
Corp.)(a) 02-12398
Enron Power & Industrial
Construction(a) 02-12400
NEPCO Power Procurement Co.(a) 02-12402
NEPCO Services International, Inc.(a) 02-12403
San Juan Gas Company, Inc. 02-12902 - - - -
EBF, LLC 02-13702 - - - -
Zond Minnesota Construction
Company LLC 02-13723 - - - -
Enron Fuels International, Inc. 02-14046 - - - -
E Power Holdings Corp. 02-14632 - - - -
---------------------------------------------------
Combined Debtor Entities $ (19) $(19) $ (1) $ (39)
===================================================
Continued from the previous page
(a) Information regarding these entities is not complete following their recent
sales of assets and transfer of personnel to the buyers. They will be included
in future reports prospectively as soon as the issues related to gathering this
information are resolved.
12
Table 3
Enron Debtors
Post-Petition Payables Aging - Non-Commodity
As of September 30, 2002
(In Millions)
Current
Debtor Company Case No. 1-30 31-60 61-90 91+ Other Total
- ----------------------------------------------------------------------------------------------------------------------------
Enron Metals & Commodity Corp. 01-16033 $ - $ - $ - $ - $ - $ -
Enron Corp. 01-16034 1 - - 1 27 29
Enron North America Corp. 01-16035 7 - - - - 7
Enron Power Marketing, Inc. 01-16036 - - - - - -
PBOG Corp. 01-16037 - - - - - -
Smith Street Land Company 01-16038 - - - - - -
Enron Broadband Services, Inc. 01-16039 - - - - - -
Enron Energy Services Operations, Inc. 01-16040 1 - - - - 1
Enron Energy Marketing Corp. 01-16041 - - - - - -
Enron Energy Services, Inc. 01-16042 - - - - - -
Enron Energy Services, LLC 01-16043 - - - - - -
Enron Transportation Services Company 01-16044 - - - - - -
BAM Leasing Company 01-16045 - - - - - -
ENA Asset Holdings, L.P. 01-16046 - - - - - -
Enron Gas Liquids, Inc. 01-16048 - - - - - -
Enron Global Markets LLC 01-16076 - - - - - -
Enron Net Works L.L.C. 01-16078 5 - - - - 5
Enron Industrial Markets LLC 01-16080 - - - - - -
Operational Energy Corp. 01-16109 - - - - - -
Enron Engineering & Construction Co. 01-16110 - - - - - -
Enron Engineering & Operational
Services Co. 01-16111 - - - - - -
Garden State Paper Company LLC 01-16280 - - - - - -
Palm Beach Development Company, L.L.C. 01-16319 - - - - - -
Tenant Services, Inc. 01-16428 - - - - - -
Enron Energy Information
Solutions, Inc. 01-16429 - - - - - -
EESO Merchant Investments, Inc. 01-16430 - - - - - -
Enron Federal Solutions, Inc. 01-16431 - - - - - -
Enron Freight Markets Corp. 01-16467 - - - - - -
Enron Broadband Services, L.P. 01-16483 - - - - - -
Enron Energy Services North America, Inc. 02-10007 - - - - - -
Enron LNG Marketing LLC 02-10038 - - - - - -
Calypso Pipeline, LLC 02-10059 - - - - - -
Enron Global LNG LLC 02-10060 - - - - - -
Enron International Fuel Management Company 02-10061 - - - - - -
Enron Natural Gas Marketing Corp. 02-10132 - - - - - -
ENA Upstream Company LLC 02-10232 - - - - - -
Enron Liquid Fuels, Inc. 02-10252 - - - - - -
Enron LNG Shipping Company 02-10346 - - - - - -
Enron Property & Services Corp. 02-10464 - - - - - -
Enron Capital & Trade Resources
International Corp. 02-10613 - - - - - -
Enron Communication Leasing Corp. 02-10632 - - - - - -
Enron Wind Corp.(a) 02-10743
Enron Wind Systems, Inc.(a) 02-10747
Enron Wind Energy Systems Corp.(a) 02-10748
Enron Wind Maintenance Corp. (a) 02-10751
Enron Wind Constructors Corp.(a) 02-10755
Continued on the next page
13
Table 3
Enron Debtors
Post-Petition Payables Aging - Non-Commodity - Continued
As of September 30, 2002
(In Millions)
Current
Debtor Company Case No. 1-30 31-60 61-90 91+ Other Total
- ----------------------------------------------------------------------------------------------------------------------------
EREC Subsidiary I, LLC 02-10757 - - - - - -
EREC Subsidiary II, LLC 02-10760 - - - - - -
EREC Subsidiary III, LLC 02-10761 - - - - - -
EREC Subsidiary IV, LLC 02-10764 - - - - - -
EREC Subsidiary V, LLC 02-10766 - - - - - -
Intratex Gas Company 02-10939 - - - - - -
Enron Processing Properties, Inc. 02-11123 - - - - - -
Enron Methanol Company 02-11239 - - - - - -
Enron Ventures Corp. 02-11242 - - - - - -
Enron Mauritius Company 02-11267 - - - - - -
Enron India Holding Ltd. 02-11268 - - - - - -
Offshore Power Production C.V. 02-11272 - - - - - -
The New Energy Trading Company 02-11824 - - - - - -
EES Service Holdings, Inc. 02-11884 - - - - - -
Enron Wind Development Corp.(a) 02-12104
ZWHC, LLC(a) 02-12105
Zond Pacific(a) 02-12106
Enron Reserve Acquisition Corp. 02-12347 - - - - - -
EPC Estate Services, Inc. 02-12398
(formerly National Energy Production
Corp.)(a) 02-12398
Enron Power & Industrial Construction(a) 02-12400
NEPCO Power Procurement Co.(a) 02-12402
NEPCO Services International, Inc.(a) 02-12403
San Juan Gas Company, Inc. 02-12902 - - - - - -
EBF, LLC 02-13702 - - - - - -
Zond Minnesota Construction Company LLC 02-13723 - - - - - -
Enron Fuels International, Inc. 02-14046 - - - - - -
E Power Holdings Corp 02-14632 - - - - - -
---------------------------------------------------------
Combined Debtor Entities $14 $ - $ - $ 1 $ 27 $ 42
=========================================================
Continued from the previous page
(a) Information regarding these entities is not complete following their recent
sales of assets and transfer of personnel to the buyers. They will be included
in future reports prospectively as soon as the issues related to gathering this
information are resolved.
14
Table 4
Receivables Aging - Non-Commodity
As of September 30, 2002
(In Millions)
Current
Debtor Company Case No. 1-30 31-60 61-90 91+ Other Total
- ----------------------------------------------------------------------------------------------------------------------------
Enron Metals & Commodity Corp. 01-16033 $ - $ - $ - $ - $ 1 $ 1
Enron Corp. 01-16034 - 1 4 309 35 349
Enron North America Corp. 01-16035 6 - - 26 - 32
Enron Power Marketing, Inc. 01-16036 - - - - - -
PBOG Corp. 01-16037 - - - - - -
Smith Street Land Company 01-16038 - - - - - -
Enron Broadband Services, Inc. 01-16039 3 17 - 17 65 102
Enron Energy Services Operations, Inc. 01-16040 - - - - 30 30
Enron Energy Marketing Corp. 01-16041 - - - - - -
Enron Energy Services, Inc. 01-16042 - - - - 13 13
Enron Energy Services, LLC 01-16043 - - - - 4 4
Enron Transportation Services Company 01-16044 - - - - 1 1
BAM Leasing Company 01-16045 - - - - - -
ENA Asset Holdings, L.P. 01-16046 - - - 41 - 41
Enron Gas Liquids, Inc. 01-16048 - - - - - -
Enron Global Markets LLC 01-16076 - - - - - -
Enron Net Works L.L.C. 01-16078 - (1) 1 (1) 2 1
Enron Industrial Markets LLC 01-16080 - - - - - -
Operational Energy Corp. 01-16109 - - - - - -
Enron Engineering & Construction Co. 01-16110 - - - 5 (5) -
Enron Engineering & Operational
Services Co. 01-16111 - - - - - -
Garden State Paper Company LLC 01-16280 - - - - 13 13
Palm Beach Development Company, L.L.C. 01-16319 - - - - - -
Tenant Services, Inc. 01-16428 - - - - - -
Enron Energy Information
Solutions, Inc. 01-16429 - - - - - -
EESO Merchant Investments, Inc. 01-16430 - - - - - -
Enron Federal Solutions, Inc. 01-16431 - - - - 5 5
Enron Freight Markets Corp. 01-16467 - - - - - -
Enron Broadband Services, L.P. 01-16483 - - - 5 (4) 1
Enron Energy Services North America, Inc. 02-10007 - - - 10 (2) 8
Enron LNG Marketing LLC 02-10038 - - - - - -
Calypso Pipeline, LLC 02-10059 - - - - - -
Enron Global LNG LLC 02-10060 - - - - - -
Enron International Fuel Management Company 02-10061 - - - - - -
Enron Natural Gas Marketing Corp. 02-10132 - - - - - -
ENA Upstream Company LLC 02-10232 - - - - - -
Enron Liquid Fuels, Inc. 02-10252 - - - - - -
Enron LNG Shipping Company 02-10346 - - - - - -
Enron Property & Services Corp. 02-10464 1 - - 6 - 7
Enron Capital & Trade Resources
International Corp. 02-10613 - - - - 3 3
Enron Communication Leasing Corp. 02-10632 - - - - - -
Enron Wind Corp.(a) 02-10743
Enron Wind Systems, Inc.(a) 02-10747
Enron Wind Energy Systems Corp.(a) 02-10748
Enron Wind Maintenance Corp. (a) 02-10751
Enron Wind Constructors Corp.(a) 02-10755
Continued on next page
15
Table 4
Receivables Aging - Non-Commodity - Continued
As of September 30, 2002
(In Millions)
Current
Debtor Company Case No. 1-30 31-60 61-90 91+ Other Total
- ----------------------------------------------------------------------------------------------------------------------------
EREC Subsidiary I, LLC 02-10757 - - - - - -
EREC Subsidiary II, LLC 02-10760 - - - - - -
EREC Subsidiary III, LLC 02-10761 - - - - - -
EREC Subsidiary IV, LLC 02-10764 - - - - - -
EREC Subsidiary V, LLC 02-10766 - - - - - -
Intratex Gas Company 02-10939 - - - - - -
Enron Processing Properties, Inc. 02-11123 - - - - - -
Enron Methanol Company 02-11239 - - - - - -
Enron Ventures Corp. 02-11242 - - - - - -
Enron Mauritius Company 02-11267 - - - - - -
Enron India Holding Ltd. 02-11268 - - - - - -
Offshore Power Production C.V. 02-11272 - - - - - -
The New Energy Trading Company 02-11824 - - - - - -
EES Service Holdings, Inc. 02-11884 - - - - - -
Enron Wind Development Corp.(a) 02-12104
ZWHC, LLC(a) 02-12105
Zond Pacific(a) 02-12106
Enron Reserve Acquisition Corp. 02-12347 - - - - - -
EPC Estate Services, Inc. 02-12398
(formerly National Energy Production
Corp.)(a) 02-12398
Enron Power & Industrial Construction(a) 02-12400
NEPCO Power Procurement Co.(a) 02-12402
NEPCO Services International, Inc.(a) 02-12403
San Juan Gas Company, Inc. 02-12902 - - - 4 (4) -
EBF, LLC 02-13702 - - - - - -
Zond Minnesota Construction Company LLC 02-13723 - - - - - -
Enron Fuels International, Inc. 02-14046 - - - - - -
E Power Holdings Corp. 02-14632 - - - - - -
----------------------------------------------------------
Combined Debtor Entities $ 10 $ 17 $ 5 $422 $157 $611
==========================================================
Continued from the previous page
(a) Information regarding these entities is not complete following their recent
sales of assets and transfer of personnel to the buyers. They will be included
in future reports prospectively as soon as the issues related to gathering this
information are resolved.
16
Table 5
Enron Debtors
Receivables Rollforward - Non-Commodity
For the Month Ended September 30, 2002
(In Millions)
Beginning Payments Other Ending
Debtor Company Case No. Balance Billings Received Adjustments Balance
- -------------------------------------------------------------------------------------------------------------------------------
Enron Metals & Commodity Corp. 01-16033 $ 1 $ - $ - $ - $ 1
Enron Corp. 01-16034 348 4 (4) 1 349
Enron North America Corp. 01-16035 27 - - 5 32
Enron Power Marketing, Inc. 01-16036 - - - - -
PBOG Corp. 01-16037 - - - - -
Smith Street Land Company 01-16038 - - - - -
Enron Broadband Services, Inc. 01-16039 103 4 (1) (4) 102
Enron Energy Services Operations, Inc. 01-16040 21 - (6) 15 30
Enron Energy Marketing Corp. 01-16041 - - - - -
Enron Energy Services, Inc. 01-16042 13 - - - 13
Enron Energy Services, LLC 01-16043 4 - - - 4
Enron Transportation Services Company 01-16044 1 - - - 1
BAM Leasing Company 01-16045 - - - - -
ENA Asset Holdings, L.P. 01-16046 41 - - - 41
Enron Gas Liquids, Inc. 01-16048 - - - - -
Enron Global Markets LLC 01-16076 - - - - -
Enron Net Works L.L.C. 01-16078 1 - - - 1
Enron Industrial Markets LLC 01-16080 - - - - -
Operational Energy Corp. 01-16109 1 - - (1) -
Enron Engineering & Construction Co. 01-16110 2 - - (2) -
Enron Engineering & Operational
Services Co. 01-16111 - - - - -
Garden State Paper Company LLC 01-16280 12 - - 1 13
Palm Beach Development Company, L.L.C. 01-16319 - - - - -
Tenant Services, Inc. 01-16428 - - - - -
Enron Energy Information
Solutions, Inc. 01-16429 - - - - -
EESO Merchant Investments, Inc. 01-16430 - - - - -
Enron Federal Solutions, Inc. 01-16431 5 - - - 5
Enron Freight Markets Corp. 01-16467 - - - - -
Enron Broadband Services, L.P. 01-16483 1 - - - 1
Enron Energy Services North America, Inc. 02-10007 8 - - - 8
Enron LNG Marketing LLC 02-10038 - - - - -
Calypso Pipeline, LLC 02-10059 - - - - -
Enron Global LNG LLC 02-10060 - - - - -
Enron International Fuel Management Company 02-10061 - - - - -
Enron Natural Gas Marketing Corp. 02-10132 - - - - -
ENA Upstream Company LLC 02-10232 - - - - -
Enron Liquid Fuels, Inc. 02-10252 - - - - -
Enron LNG Shipping Company 02-10346 - - - - -
Enron Property & Services Corp. 02-10464 7 - - - 7
Enron Capital & Trade Resources
International Corp. 02-10613 3 - - - 3
Enron Communication Leasing Corp. 02-10632 - - - - -
Enron Wind Corp.(a) 02-10743
Enron Wind Systems, Inc.(a) 02-10747
Enron Wind Energy Systems Corp.(a) 02-10748
Enron Wind Maintenance Corp.(a) 02-10751
Enron Wind Constructors Corp.(a) 02-10755
Continued on the next page
17
Table 5
Enron Debtors
Receivables Rollforward - Non-Commodity - Continued
For the Month Ended September 30, 2002
(In Millions)
Beginning Payments Other Ending
Debtor Company Case No. Balance Billings Received Adjustments Balance
- -------------------------------------------------------------------------------------------------------------------------------
EREC Subsidiary I, LLC 02-10757 - - - - -
EREC Subsidiary II, LLC 02-10760 - - - - -
EREC Subsidiary III, LLC 02-10761 - - - - -
EREC Subsidiary IV, LLC 02-10764 - - - - -
EREC Subsidiary V, LLC 02-10766 - - - - -
Intratex Gas Company 02-10939 - - - - -
Enron Processing Properties, Inc. 02-11123 - - - - -
Enron Methanol Company 02-11239 - - - - -
Enron Ventures Corp. 02-11242 - - - - -
Enron Mauritius Company 02-11267 - - - - -
Enron India Holding Ltd. 02-11268 - - - - -
Offshore Power Production C.V. 02-11272 - - - - -
The New Energy Trading Company 02-11824 - - - - -
EES Services Holdings, Inc. 02-11884 - - - - -
Enron Wind Development Corp. (a) 02-12104
ZWHC, LLC(a) 02-12105
Zond Pacific(a) 02-12106
Enron Reserve Acquisition Corp. 02-12347 - - - - -
EPC Estate Services, Inc.
(formerly National Energy Production
Corp.)(a) 02-12398
Enron Power & Industrial Construction(a) 02-12400
NEPCO Power Procurement Co.(a) 02-12402
NEPCO Services International, Inc.(a) 02-12403
San Juan Gas Company, Inc. 02-12902 - - - - -
EBF, LLC 02-13702 - - - - -
Zond Minnesota Construction Company LLC 02-13723 - - - - -
Enron Fuels International, Inc. 02-14046 - - - - -
E Power Holdings Corp. 02-14632 - - - - -
--------------------------------------------------------------
Combined Debtor Entities $ 599 $ 8 $ (11) $ 15 $ 611
==============================================================
Continued from the previous page
(a) Information regarding these entities is not complete following their recent
sales of assets and transfer of personnel to the buyers. They will be included
in future reports prospectively as soon as the issues related to gathering this
information are resolved.
18
Table 6
Enron Debtors
Commodity Receivables and Payables
As of September 30, 2002
(In Millions)
Debtor Company Case No. Receivables Payables
- --------------------------------------------------------------------------------------------------------
Enron Metals & Commodity Corp. 01-16033 $ 1 $ 9
Enron Corp. 01-16034 - -
Enron North America Corp. 01-16035 1,550 2,035
Enron Power Marketing, Inc. 01-16036 316 522
PBOG Corp. 01-16037 - -
Smith Street Land Company 01-16038 - -
Enron Broadband Services, Inc. 01-16039 - -
Enron Energy Services Operations, Inc. 01-16040 257 308
Enron Energy Marketing Corp. 01-16041 191 36
Enron Energy Services, Inc. 01-16042 757 222
Enron Energy Services, LLC 01-16043 - -
Enron Transportation Services Company 01-16044 - -
BAM Leasing Company 01-16045 - -
ENA Asset Holdings, L.P. 01-16046 - -
Enron Gas Liquids, Inc. 01-16048 24 40
Enron Global Markets LLC 01-16076 - -
Enron Net Works L.L.C. 01-16078 - -
Enron Industrial Markets LLC 01-16080 - -
Operational Energy Corp. 01-16109 - -
Enron Engineering & Construction Co. 01-16110 - -
Enron Engineering & Operational
Services Co. 01-16111 - -
Garden State Paper Company LLC 01-16280 2 18
Palm Beach Development Company, L.L.C. 01-16319 - -
Tenant Services, Inc. 01-16428 6 30
Enron Energy Information
Solutions, Inc. 01-16429 - -
EESO Merchant Investments, Inc. 01-16430 - -
Enron Federal Solutions, Inc. 01-16431 - -
Enron Freight Markets Corp. 01-16467 5 4
Enron Broadband Services, L.P. 01-16483 - -
Enron Energy Services North America, Inc. 02-10007 - -
Enron LNG Marketing LLC 02-10038 - -
Calypso Pipeline, LLC 02-10059 - -
Enron Global LNG LLC 02-10060 - -
Enron International Fuel Management Company 02-10061 - -
Enron Natural Gas Marketing Corp. 02-10132 - 15
ENA Upstream Company LLC 02-10232 31 68
Enron Liquid Fuels, Inc. 02-10252 17 25
Enron LNG Shipping Company 02-10346 1 -
Enron Property & Services Corp. 02-10464 - -
Enron Capital & Trade Resources
International Corp. 02-10613 90 119
Enron Communication Leasing Corp. 02-10632 - -
Enron Wind Corp.(a) 02-10743
Enron Wind Systems, Inc.(a) 02-10747
Enron Wind Energy Systems Corp.(a) 02-10748
Enron Wind Maintenance Corp.(a) 02-10751
Enron Wind Constructors Corp.(a) 02-10755
Continued on the next page
19
Table 6
Enron Debtors
Commodity Receivables and Payables - Continued
As of September 30, 2002
(In Millions)
Debtor Company Case No. Receivables Payables
- --------------------------------------------------------------------------------------------------------
EREC Subsidiary I, LLC 02-10757 - -
EREC Subsidiary II, LLC 02-10760 - -
EREC Subsidiary III, LLC 02-10761 - -
EREC Subsidiary IV, LLC 02-10764 - -
EREC Subsidiary V, LLC 02-10766 - -
Intratex Gas Company 02-10939 - -
Enron Processing Properties, Inc. 02-11123 - -
Enron Methanol Company 02-11239 - -
Enron Ventures Corp. 02-11242 - -
Enron Mauritius Company 02-11267 - -
Enron India Holding Ltd. 02-11268 - -
Offshore Power Production C.V. 02-11272 - -
The New Energy Trading Company 02-11824 - -
EES Service Holdings, Inc. 02-11884 - -
Enron Wind Development Corp.(a) 02-12104 - -
ZWHC, LLC(a) 02-12105 - -
Zond Pacific(a) 02-12106 - -
Enron Reserve Acquisition Corp. 02-12347 36 -
EPC Estate Services, Inc.
(formerly National Energy Production
Corp.)(a) 02-12398
Enron Power & Industrial Construction(a) 02-12400
NEPCO Power Procurement Co.(a) 02-12402
NEPCO Services International, Inc.(a) 02-12403
San Juan Gas Company, Inc. 02-12902 - -
EBF, LLC 02-13702 - -
Zond Minnesota Construction Company LLC 02-13723 - -
Enron Fuels International, Inc. 02-14046 33 2
E Power Holdings Corp. 02-14632 - -
----------------------------
Combined Debtor Entities $ 3,317 $3,453
============================
Continued from the previous page
(a) Information regarding these entities is not complete following their recent
sales of assets and transfer of personnel to the buyers. They will be included
in future reports prospectively as soon as the issues related to gathering this
information are resolved.
20
Table 7
Enron Entities
Asset Dispositions
For the Month Ended September 30, 2002
(In Millions)
Asset Book
Company Date Closed Description Value Proceeds
- --------------------------------------------------------------------------------------------------------------------------------
Debtor Companies
- ----------------
Garden State Paper Company LLC 9/20/02 Sale of newsprint mill. $ 6 $ 6
Non-Debtor Companies
- --------------------
Enron Trading Services Inc. 9/25/02 Sale of one NYMEX seat. $ - $ 1
21