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, 02-14885, 02-14977, 02-15716,
02-16441, 02-16492, 03-10106
(JOINTLY ADMINISTERED)
MONTHLY OPERATING STATEMENT FOR
THE MONTH ENDED JANUARY 31, 2003
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: March 31, 2003 By: /s/ Raymond M. Bowen, Jr.
--------------------------------
Name: Raymond M. Bowen, Jr.
Title: Executive Vice President and
Chief Financial Officer
1
EXPLANATORY NOTES
BASIS OF PRESENTATION OF MONTHLY OPERATING REPORT FOR JANUARY 2003
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
January 2003 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. Entities included in the
Enron consolidated tax group are currently transferring their quarterly
tax accrual to Enron Corp.
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.
2
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.
Amounts reflect receivables and payables from commodity activities for
which the applicable debtor entities continue to perform, after netting
(offsetting) assets and liabilities related to domestic wholesale
trading activities with third parties.
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.
3
Table 1
Enron Debtors
Cash Activity Rollforward
For the Month Ended January 31, 2003
(In Millions)
<Table>
<Caption>
Transfer to
Beginning 3rd Party 3rd Party Net Restricted Ending
Debtor Company Case No. Balance Receipts Disbursements Intercompany Cash Balance (c)
-------- --------- --------- ------------- ------------ ---------- ----------
Enron Metals & Commodity Corp. 01-16033 $ 5 -- $ -- $ -- $ -- $ 5
Enron Corp. 01-16034 279 7 (57) (3) -- 226
Enron North America Corp. 01-16035 586 34 (13) (83) -- 524
Enron Power Marketing, Inc. 01-16036 363 53 (19) 40 -- 437
PBOG Corp. 01-16037 -- -- -- -- -- --
Smith Street Land Company 01-16038 -- -- -- -- -- --
Enron Broadband Services, Inc. 01-16039 -- 1 (2) 2 -- 1
Enron Energy Services Operations, Inc. 01-16040 83 4 (5) 5 -- 87
Enron Energy Marketing Corp. 01-16041 -- 5 -- (5) -- --
Enron Energy Services, Inc. 01-16042 249 35 (1) (2) -- 281
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 -- -- -- -- -- --
Enron Global Markets LLC 01-16076 -- -- -- -- -- --
Enron Net Works L.L.C 01-16078 -- 1 (7) 7 -- 1
Enron Industrial Markets LLC 01-16080 -- -- -- -- -- --
Operational Energy Corp. 01-16109 -- -- -- -- -- --
Enron Engineering & Construction Co. 01-16110 2 -- -- 1 -- 3
Enron Engineering & Operational
Services Co. 01-16111 -- -- -- -- -- --
Garden State Paper Company LLC 01-16280 6 1 (1) -- -- 6
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 -- 1 (8) 7 -- --
Enron LNG Shipping Company 02-10346 2 -- -- -- -- 2
Enron Property & Services Corp. 02-10464 -- -- (2) 2 --
Enron Capital & Trade Resources
International Corp. 02-10613 21 1 -- (1) -- 21
Enron Communication Leasing Corp. 02-10632 -- -- -- -- -- --
Enron Wind Corp. (b) 02-10743
Enron Wind Systems, Inc. (b) 02-10747
Enron Wind Energy Systems Corp. (b) 02-10748
Enron Wind Maintenance Corp. (b) 02-10751
Enron Wind Constructors Corp. (b) 02-10755
Enron Wind Systems, LLC
(formerly EREC Subsidiary I, LLC) (a) 02-10757
Enron Wind Constructors, LLC
(formerly EREC Subsidiary II, LLC) (a) 02-10760
Enron Wind Energy Systems, LLC
(formerly EREC Subsidiary III,
LLC) (a) 02-10761
Enron Wind Maintenance, LLC
(formerly EREC Subsidiary IV, LLC) (a) 02-10764
Enron Wind, LLC
(formerly EREC Subsidiary V, LLC) (a) 02-10766
</Table>
Continued on the next page
4
Table 1
Enron Debtors
Cash Activity Rollforward - Continued
For the Month Ended January 31, 2003
(In Millions)
<Table>
<Caption>
Transfer to
Beginning 3rd Party 3rd Party Net Restricted Ending
Debtor Company Case No. Balance Receipts Disbursements Intercompany Cash Balance (c)
-------- --------- --------- ------------- ------------ ---------- ----------
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 4 -- -- -- -- 4
EES Service Holdings, Inc 02-11884 -- -- -- -- -- --
Enron Wind Development LLC
(formerly Enron Wind Development
Corp.) (a) 02-12104
ZWHC, LLC (a) 02-12105
Zond Pacific LLC
(formerly Zond Pacific) (a) 02-12106
Enron Reserve Acquisition Corp. 02-12347 -- 1 (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 -- 8 -- -- -- 8
Zond Minnesota Construction Co. LLC (a) 02-13723
Enron Fuels International, Inc. 02-14046 -- -- -- -- -- --
E Power Holdings Corp. 02-14632 -- -- -- 2 -- 2
EFS Construction Management Services,
Inc. 02-14885 -- -- -- -- -- --
Enron Management Inc. 02-14977 -- -- -- -- -- --
Enron Expat Services, Inc. 02-15716 -- -- -- -- -- --
Artemis Associates, LLC 02-16441 -- -- -- -- -- --
Clinton Energy Management Services,
Inc. 02-16492 3 -- -- -- -- 3
LINGTEC Constructors, L.P. 03-10106 -- -- -- -- -- --
--------- --------- ------------- ------------ ---------- ----------
Combined Debtor Entities $ 1,604 $ 152 $ (116) $ (28) $ -- $ 1,612
========= ========= ============= ============ ========== ==========
</Table>
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) Effective April 19, 2002, these entities were merged into their respective
LLC companies (case numbers 02-10757, 02-10760, 02-10761, 02-10764 and
02-10766).
(c) In addition to the cash ending balance, the debtor companies listed below
have restricted cash balances and proceeds held in escrow, primarily
related to asset dispositions, as follows (in millions):
<Table>
Enron Metals & Commodity Corp $ 24
Enron Corp. 92
Enron North America Corp. 110
Enron Power Marketing, Inc. 34
Smith Street Land Company 94
Enron Broadband Services, Inc. 152
Enron Energy Services, Inc. 59
Enron Gas Liquids, Inc. 1
Enron LNG Marketing LLC 31
Enron LNG Shipping Company 24
Calypso Pipeline, LLC 4
----
$625
====
</Table>
5
Table 2
Enron Debtors
Tax Rollforward (Non-Payroll)
For the Month Ended January 31, 2003
(In Millions)
<Table>
<Caption>
Beginning (Payments) Ending
Debtor Company Case No. Balance Accruals Intercompany Refunds Balance
- ------------------------------------------- -------- --------- -------- ------------ ---------- -------
Enron Metals & Commodity Corp. 01-16033 $ -- $ -- $ -- $ -- $ --
Enron Corp. 01-16034 (36) -- -- (5) (41)
Enron North America Corp. 01-16035 22 (16) -- -- 6
Enron Power Marketing, Inc. 01-16036 2 -- -- -- 2
PBOG Corp. 01-16037 -- -- -- -- --
Smith Street Land Company 01-16038 2 -- -- -- 2
Enron Broadband Services, Inc. 01-16039 1 (1) -- (1) (1)
Enron Energy Services Operations, Inc. 01-16040 (4) (2) -- -- (6)
Enron Energy Marketing Corp. 01-16041 (2) 1 -- -- (1)
Enron Energy Services, Inc. 01-16042 12 1 -- (1) 12
Enron Energy Services, LLC 01-16043 -- -- -- -- --
Enron Transportation
Services Company 01-16044 1 -- -- -- 1
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 1 (1) -- (1) (1)
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 (1) (1) -- -- (2)
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 1 -- -- -- 1
ENA Upstream Company LLC 02-10232 -- -- -- -- --
Enron Liquid Fuels, Inc. 02-10252 (2) (1) -- -- (3)
Enron LNG Shipping Company 02-10346 -- -- -- -- --
Enron Property & Services Corp. 02-10464 -- -- -- -- --
Enron Capital & Trade Resources
International Corp. 02-10613 (1) -- -- -- (1)
Enron Communication Leasing Corp. 02-10632 3 -- -- -- 3
Enron Wind Corp. (b) 02-10743
Enron Wind Systems, Inc. (b) 02-10747
Enron Wind Energy Systems Corp. (b) 02-10748
Enron Wind Maintenance Corp. (b) 02-10751
Enron Wind Constructors Corp. (b) 02-10755
Enron Wind Systems, LLC
(formerly EREC Subsidiary I, LLC) (a) 02-10757
Enron Wind Constructors, LLC
(formerly EREC Subsidiary II, LLC) (a) 02-10760
Enron Wind Energy Systems, LLC
(formerly EREC Subsidiary III, LLC) (a) 02-10761
Enron Wind Maintenance, LLC
(formerly EREC Subsidiary IV, LLC) (a) 02-10764
Enron Wind, LLC
(formerly EREC Subsidiary V, LLC) (a) 02-10766
</Table>
Continued on the next page
6
Table 2
Enron Debtors
Tax Rollforward (Non-Payroll) - Continued
For the Month Ended January 31, 2003
(In Millions)
<Table>
<Caption>
Beginning (Payments) Ending
Debtor Company Case No. Balance Accruals Intercompany Refunds Balance
- ------------------------------------------- -------- --------- -------- ------------ ---------- -------
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 LLC
(formerly Enron Wind Development Corp.) (a) 02-12104
ZWHC, LLC (a) 02-12105
Zond Pacific LLC
(formerly Zond Pacific) (a) 02-12106
Enron Reserve Acquisition Corp. 02-12347 (1) -- (1) -- (2)
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 (a) 02-13723
Enron Fuels International, Inc. 02-14046 -- -- -- -- --
E Power Holdings Corp. 02-14632 -- -- -- -- --
EFS Construction Management Services, Inc. 02-14885 -- -- -- -- --
Enron Management Inc. 02-14977 1 -- -- -- 1
Enron Expat Services, Inc. 02-15716 -- -- -- -- --
Artemis Associates, LLC 02-16441 -- -- -- -- --
Clinton Energy Management Services, Inc. 02-16492 1 -- -- -- 1
LINGTEC Constructors, L.P. 03-10106 (10) -- -- -- (10)
--------- -------- ------------ ---------- -------
Combined Debtor Entities $ (10) $ (20) $ (1) $ (8) $ (39)
========= ======== ============ ========== =======
</Table>
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) Effective April 19, 2002, these entities were merged into their respective
LLC companies (case numbers 02-10757, 02-10760, 02-10761, 02-10764 and
02-10766).
7
Table 3
Enron Debtors
Post-Petition Payables Aging - Non-Commodity
As of January 31, 2003
(In Millions)
<Table>
<Caption>
Current
Debtor Company Case No. 1-30 31-60 61-90 91+ Other Total
- ------------------------------------------- -------- ------- ----- ----- ----- ----- -----
Enron Metals & Commodity Corp. 01-16033 $ -- $ -- $ -- $ -- $ -- $ --
Enron Corp. 01-16034 3 1 -- 4 93 101
Enron North America Corp. 01-16035 -- -- -- -- 32 32
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 7 -- -- -- -- 7
Enron Gas Liquids, Inc. 01-16048 -- -- -- -- -- --
Enron Global Markets LLC 01-16076 -- -- -- -- -- --
Enron Net Works L.L.C 01-16078 5 -- -- 2 -- 7
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 3 -- -- -- -- 3
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. (b) 02-10743
Enron Wind Systems, Inc. (b) 02-10747
Enron Wind Energy Systems Corp. (b) 02-10748
Enron Wind Maintenance Corp. (b) 02-10751
Enron Wind Constructors Corp. (b) 02-10755
Enron Wind Systems, LLC
(formerly EREC Subsidiary I, LLC) (a) 02-10757
Enron Wind Constructors, LLC
(formerly EREC Subsidiary II, LLC) (a) 02-10760
Enron Wind Energy Systems, LLC
(formerly EREC Subsidiary III, LLC) (a) 02-10761
Enron Wind Maintenance, LLC
(formerly EREC Subsidiary IV, LLC) (a) 02-10764
Enron Wind, LLC
(formerly EREC Subsidiary V, LLC) (a) 02-10766
</Table>
Continued on the next page
8
Table 3
Enron Debtors
Post-Petition Payables Aging - Non-Commodity - Continued
As of January 31, 2003
(In Millions)
<Table>
<Caption>
Current
Debtor Company Case No. 1-30 31-60 61-90 91+ Other Total
- ------------------------------------------------ -------- ------- ----- ----- ----- ----- -----
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 LLC
(formerly Enron Wind Development Corp.) (a) 02-12104
ZWHC, LLC (a) 02-12105
Zond Pacific LLC
(formerly 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 (a) 02-13723
Enron Fuels International, Inc. 02-14046 -- -- -- -- -- --
E Power Holdings Corp 02-14632 -- -- -- -- -- --
EFS Construction Management Services, Inc. 02-14885 -- -- -- -- -- --
Enron Management Inc. 02-14977 -- -- -- -- -- --
Enron Expat Services, Inc. 02-15716 -- -- -- -- -- --
Artemis Associates, LLC 02-16441 -- -- -- -- -- --
Clinton Energy Management Services, Inc. 02-16492 -- -- -- -- -- --
LINGTEC Constructors, L.P. 03-10106 -- -- -- -- -- --
------- ----- ----- ----- ----- -----
Combined Debtor Entities $ 19 $ 1 $ -- $ 6 $ 125 $ 151
======= ===== ===== ===== ===== =====
</Table>
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) Effective April 19, 2002, these entities were merged into their respective
LLC companies (case number 02-10757, 02-10760, 02-10761, 02-10764 and
02-10766)
9
Table 4
Receivables Aging - Non-Commodity
As of January 31, 2003
(In Millions)
<Table>
<Caption>
Current
Debtor Company Case No. 1-30 31-60 61-90 91+ Other Total
- ------------------------------------------- -------- ------- ----- ----- ----- ----- -----
Enron Metals & Commodity Corp. 01-16033 $ -- $ -- $ -- $ -- $ -- $ --
Enron Corp. 01-16034 6 2 1 292 2 303
Enron North America Corp. 01-16035 -- 2 -- 16 -- 18
Enron Power Marketing, Inc. 01-16036 -- -- -- -- -- --
PBOG Corp. 01-16037 -- -- -- -- -- --
Smith Street Land Company 01-16038 -- -- -- -- -- --
Enron Broadband Services, Inc. 01-16039 -- -- -- 37 (32) 5
Enron Energy Services Operations, Inc. 01-16040 -- -- -- -- 3 3
Enron Energy Marketing Corp. 01-16041 -- -- -- -- -- --
Enron Energy Services, Inc. 01-16042 -- -- -- -- 13 13
Enron Energy Services, LLC 01-16043 -- -- -- -- -- --
Enron Transportation Services Company 01-16044 -- -- -- -- 1 1
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 -- 1 -- 3 (2) 2
Enron Industrial Markets LLC 01-16080 -- -- -- -- -- --
Operational Energy Corp. 01-16109 -- -- -- 1 (1) --
Enron Engineering & Construction Co. 01-16110 -- -- -- 4 (4) --
Enron Engineering & Operational
Services Co. 01-16111 -- -- -- -- -- --
Garden State Paper Company LLC 01-16280 -- -- -- -- 19 19
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 (5) --
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 -- -- -- 8 -- 8
Enron Capital & Trade Resources
International Corp. 02-10613 -- -- -- -- 3 3
Enron Communication Leasing Corp. 02-10632 -- -- -- -- -- --
Enron Wind Corp. (b) 02-10743
Enron Wind Systems, Inc. (b) 02-10747
Enron Wind Energy Systems Corp. (b) 02-10748
Enron Wind Maintenance Corp. (b) 02-10751
Enron Wind Constructors Corp. (b) 02-10755
Enron Wind Systems, LLC
(formerly EREC Subsidiary I, LLC) (a) 02-10757
Enron Wind Constructors, LLC
(formerly EREC Subsidiary II, LLC) (a) 02-10760
Enron Wind Energy Systems, LLC
(formerly EREC Subsidiary III, LLC) (a) 02-10761
Enron Wind Maintenance
(formerly EREC Subsidiary IV, LLC) (a) 02-10764
Enron Wind, LLC
(formerly EREC Subsidiary V, LLC) (a) 02-10766
</Table>
Continued on next page
10
Table 4
Receivables Aging - Non-Commodity - Continued
As of January 31, 2003
(In Millions)
<Table>
<Caption>
Current
Debtor Company Case No. 1-30 31-60 61-90 91+ Other Total
- ------------------------------------------- -------- ------- ----- ----- ----- ----- -----
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 -- -- -- -- 1 1
Enron Wind Development LLC
(formerly Enron Wind Development Corp.) (a) 02-12104
ZWHC, LLC (a) 02-12105
Zond Pacific LLC
(formerly 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 (3) 1
EBF, LLC 02-13702 -- -- -- -- -- --
Zond Minnesota Construction Company LLC (a) 02-13723
Enron Fuels International, Inc. 02-14046 -- -- -- -- -- --
E Power Holdings Corp. 02-14632 -- -- -- -- -- --
Enron Construction Management Services, Inc. 02-14885 -- -- -- -- -- --
Enron Management Inc. 02-14977 -- -- -- -- -- --
Enron Expat Services, Inc. 02-15716 -- -- -- -- -- --
Artemis Associates, LLC 02-16441 -- -- -- -- -- --
Clinton Energy Management Services, Inc. 02-16492 -- -- -- -- -- --
LINGTEC Constructors, L.P. 03-10106 -- -- -- -- -- --
------- ----- ----- ----- ----- -----
Combined Debtor Entities $ 6 $ 5 $ 1 $ 378 $ -- $ 390
======= ===== ===== ===== ===== =====
</Table>
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) Effective April 19, 2002, these entities were merged into their respective
LLC companies (case number 02-10757, 02-10760, 02-10761, 02-10764 and
02-10766).
11
Table 5
Enron Debtors
Receivables Rollforward - Non-Commodity
For the Month Ended January 31, 2003
(In Millions)
<Table>
<Caption>
Beginning Payments Other Ending
Debtor Company Case No. Balance Billings Received Adjustments Balance
- ------------------------------------------- -------- --------- -------- -------- ----------- -------
Enron Metals & Commodity Corp. 01-16033 $ -- $ -- $ -- $ -- $ --
Enron Corp. 01-16034 311 1 (5) (4) 303
Enron North America Corp. 01-16035 30 6 (17) (1) 18
Enron Power Marketing, Inc. 01-16036 -- -- -- -- --
PBOG Corp. 01-16037 -- -- -- -- --
Smith Street Land Company 01-16038 -- -- -- -- --
Enron Broadband Services, Inc. 01-16039 5 1 (1) -- 5
Enron Energy Services Operations, Inc. 01-16040 2 -- -- 1 3
Enron Energy Marketing Corp. 01-16041 -- -- -- -- --
Enron Energy Services, Inc. 01-16042 13 -- -- -- 13
Enron Energy Services, LLC 01-16043 -- -- -- -- --
Enron Transportation Services Company 01-16044 1 -- -- -- 1
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 -- (1) (2) 2
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 13 -- -- 6 19
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 -- -- -- -- --
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 8 -- -- -- 8
Enron Capital & Trade Resources
International Corp. 02-10613 3 -- -- -- 3
Enron Communication Leasing Corp. 02-10632 -- -- -- -- --
Enron Wind Corp. (b) 02-10743
Enron Wind Systems Inc. (b) 02-10747
Enron Wind Energy Systems Corp. (b) 02-10748
Enron Wind Maintenance Corp. (b) 02-10751
Enron Wind Constructors Corp. (b) 02-10755
Enron Wind Systems, LLC
(formerly EREC Subsidiary I, LLC) (a) 02-10757
Enron Wind Constructors, LLC
(formerly EREC Subsidiary II, LLC) (a) 02-10760
Enron Wind Energy Systems, LLC
(formerly EREC Subsidiary III, LLC) (a) 02-10761
Enron Wind Maintenance, LLC
(formerly EREC Subsidiary IV, LLC) (a) 02-10764
Enron Wind, LLC
(formerly EREC Subsidiary V, LLC) (a) 02-10766
</Table>
Continued on the next page
12
Table 5
Enron Debtors
Receivables Rollforward - Non-Commodity - Continued
For the Month Ended January 31, 2003
(In Millions)
<Table>
<Caption>
Beginning Payments Other Ending
Debtor Company Case No. Balance Billings Received Adjustments Balance
- ------------------------------------------- -------- --------- -------- -------- ----------- -------
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 1 -- -- -- 1
Enron Wind Development LLC
(formerly Enron Wind Development Corp.) (a) 02-12104
ZWHC, LLC (a) 02-12105
Zond Pacific LLC
(formerly 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 Company LLC (a) 02-13723
Enron Fuels International, Inc. 02-14046 -- -- -- -- --
E Power Holdings Corp. 02-14632 -- -- -- -- --
Enron Construction Management Services, Inc. 02-14885 -- -- -- -- --
Enron Management, Inc. 02-14977 -- -- -- -- --
Enron Expat Services, Inc. 02-15716 -- -- -- -- --
Artemis Associates, LLC 02-16441 -- -- -- -- --
Clinton Energy Management Services, Inc. 02-16492 -- -- -- -- --
LINGTEC Constructors, L.P. 03-10106 -- -- -- -- --
--------- -------- -------- ----------- -------
Combined Debtor Entities $ 406 $ 8 $ (24) $ -- $ 390
========= ======== ======== =========== =======
</Table>
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) Effective April 19, 2002, these entities were merged into their respective
LLC companies (case numbers 02-10757, 02-17060, 02-10761 02-10764 and
02-10766).
13
Table 6
Enron Debtors
Commodity Receivables and Payables
As of January 31, 2003
(In Millions)
<Table>
<Caption>
Debtor Company Case No. Receivables Payables
- -------------- -------- ----------- --------
Enron Metals & Commodity Corp. 01-16033 $ 1 $ 7
Enron Corp. 01-16034 -- --
Enron North America Corp. 01-16035 7 40
Enron Power Marketing, Inc. 01-16036 14 --
PBOG Corp. 01-16037 -- --
Smith Street Land Company 01-16038 -- --
Enron Broadband Services, Inc. 01-16039 -- --
Enron Energy Services Operations, Inc. 01-16040 56 308
Enron Energy Marketing Corp. 01-16041 38 35
Enron Energy Services, Inc. 01-16042 351 199
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 1 7
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 -- 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 -- --
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 30 66
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 87 138
Enron Communication Leasing Corp. 02-10632 -- --
Enron Wind Corp. (b) 02-10743
Enron Wind Systems, Inc. (b) 02-10747
Enron Wind Energy Systems Corp. (b) 02-10748
Enron Wind Maintenance Corp. (b) 02-10751
Enron Wind Constructors Corp. (b) 02-10755
Enron Wind Systems, LLC
(formerly EREC Subsidiary I, LLC) (a) 02-10757
Enron Wind Constructors, LLC
(formerly EREC Subsidiary II, LLC) (a) 02-10760
Enron Wind Energy Systems, LLC
(formerly EREC Subsidiary III, LLC) (a) 02-10761
Enron Wind Maintenance, LLC
(formerly EREC Subsidiary IV, LLC) (a) 02-10764
Enron Wind, LLC
(formerly EREC Subsidiary V, LLC) (a) 02-10766
</Table>
Continued on the next page
14
Table 6
Enron Debtors
Commodity Receivables and Payables - Continued
As of January 31, 2003
(In Millions)
<Table>
<Caption>
Debtor Company Case No. Receivables Payables
- -------------- -------- ----------- --------
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 LLC
(formerly Enron Wind Development Corp.) (a) 02-12104 -- --
ZWHC, LLC (a) 02-12105 -- --
Zond Pacific LLC
(formerly Zond Pacific) (a) 02-12106 -- --
Enron Reserve Acquisition Corp. (b) 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 (a) 02-13723
Enron Fuels International, Inc. 02-14046 33 2
E Power Holdings Corp. 02-14632 -- --
Enron Construction Management, Inc. 02-14885 -- --
Enron Management, Inc. 04-14977 -- --
Enron Expat Services, Inc. 02-15716 -- --
Artemis Associates, LLC 02-16441 -- --
Clinton Energy Management Services, Inc. 02-16492 -- 1
LINGTEC Constructors, L.P. 03-10106 -- --
----------- --------
Combined Debtor Entities $ 620 $ 851
=========== ========
</Table>
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) Effective April 19, 2002, these entities were merged into their respective
LLC companies (case numbers 02-10757, 02-17060, 02-10761 02-10764 and
02-10766).
15
Table 7
Enron Entities
Asset Dispositions
For the Month Ended January 31, 2003
(In Millions)
<Table>
<Caption>
Asset Book
Company Date Closed Description Value Proceeds
- ------- ----------- ----------- ----- --------
Debtor Companies
EBF, LLC 1/16/03 Various equipment associated $ 8 $ 8
with the cold-rolled steel mill
in Blytheville, AR.
Garden State Paper Company, LLC 1/31/03 Newsprint recycling facilities 1 1
located in Garfield, NJ.
Enron Broadband Services, Inc. 1/31/03 Land, building and equipment 1 1
associated with Las Vegas Point of
Presence (PoP).
Non-Debtor Companies
ECT Europe Finance, Inc. 1/21/03 Sale of a 7.7% interest 11 15
in Opet Petrolculuk Anonim Sirketi,
a Turkish petroleum distribution
company.
</Table>
16