Kevin May@ENRON COMMUNICATIONS 02116/2001 05:05 PM To: David CoxlEnron Communications@Enron Communications, Everett Plante/Enron Communications@Enron Communications, Jim Crowder/Enron Communications@Enron Communications, Jim Fallon/Enron Communications@Enron Communications, John Echols/Enron Communications@Enron Communications, Ken Rice/Enron Communications@Enron Communications, Kevin Garland/Enron Communications@Enron Communications, Kevin Hannon/Enron Communications@Enron Communications, Kristina Mordaunt/Enron Communications@Enron Communications, Phillip D Lord/LON/ECT@ECT, Richard DiMichele/Enron Communications@Enron Communications, Scott Yeager/Enron Communications@Enron Communications, Ted Seitz/Enron Communications@Enron Communications cc: Carolyn BarrettlEnron Communications@Enron Communications, Leo Paige/Enron Communications@Enron Communications, Tom Sinclair/Enron Communications@Enron Communications Subject: Executive Management Summary Attached is this week's Executive Management Summary. Any questions, please call. Thanks Kevin May 713-345-4980 Executive Management Summary 02-20-01 IMENT * EXHIBIT 145121 U 04-0025 Enron Broadband Services Executive Management Summary February 20, 2001 Strict?y Confidential Do Not Copy or Distribute Map Last Updated 02105/0 1 * Operateo.~aI POP ~ ~.~atienal Poe flnq tnstMIed. Not Complete ~ PIat'ne4 Lkupesed * 'S ~~¾ - Ut Fiber - IRU Ready (OarttJ Planned 11W I~etdij Sin, Frau Enran Net wet Eduvnttoc, IX C. (millions of dollars) Business Team Wholesale Market Origination Content Origination Broadband Investments Semiconductor Services Media Services Enterprise Services Europe Asia Origination Global Trading & Risk Management Latin America Office of the Chairman Total Cornrner~al W.~ S Group Capital Charge Offset Overview Estimate Plan Variance $ (14.3) $ 20.0 $ (34.3) (94) (4.1) (2,2) (41) (10.0) (3.1) (18.8) (74.6) (3.0) (2.8) (146.4) (9.4) - 59 (10.0) (1.9) (0.3) 0.5 (4.6) - (100) (1.2) (5.0) (6.0) (4.8) (1.9) (13.8) (68.6) 18 (2.8) - (70.2) 35 2 (35.2) EBS-EBIT ~ $ (1464) I'S (35.0) $ (1114) Actual Deals Overview Margin Identified Margin $ - $ 2.5 $ - 0.4 2.7 4.5 Total Margin $ 25 0.4 7.2 10.1 Direct Allocated Expenses Expenses'1 Capital Charge $ 37 $ 13.1 $ 4.1 1.2 1.1 1.9 3.3 9.6 las 6.7 1.0 1.4 478' 108.7 5.3 2.9 1.1 26 6.7 0.7 5.0 67.9 2.0 1,4 108.7, (108.7) s;~ ~. 'st- so $.j>.4.~ $ ~bz1oAV 's.915&51s2 :~fr.K It Total $ (14.3) (9.4) (4.1) (2.2) (4.1) (10.0) (3.1) (18.8) (74.6) (3.0) (2.8) 7 (146.4) $ (146.4) Gross Direct Allocated Capital Margin Expenses Exvensesl Charge $ (34.3) 1 (10.0) (03) (4.6) (100) (1.2) (5.0) (6.0) (4.8) (76.2) (35.2) S (111.4)$7¶I.!f$?,i:~>$,$<~LK: 1(111.4) includes Depreciation & Ad Valorem Taxes NOTE: Allocation methodology is preliminary and under review Total 5 (34.3) (10.0) (0.3) (4.6) (10.0) (1.2) (5.0) (6.0) (4.8) ~ (76.2) (35.2) 50-100% Deals,~~A,,it~-2r#> -w~- ~ £ Deal Name :2' Team Leader >t',L'2 Sector ':9MTM-,C>'TCV~'T~>~2K-NPV Probability 2 F 272 2 ~. Mkt Segmeni~£tLrtt ~~2*2 ~22222225 "2,-"~"~ ,.-*+,,~ ",,~'2'9" Global Crossing - OCIZ/DW 48 Deal Brian Spector Wholesale 2.5 95% BW mt. Layer#2, Circuits, TDM BMC Software, Inc. Brad Nebergall Enterprise 5.1 1.3 - 75% IPN NETS Group Brett Vorley European 2.5 50% Circuits, Option Telstra C~rporation Ltd. - Deal #2 Brett Vortey European 0.2 1.8 50% Circuits MFS/NESM Kim Godfrey Enterprise 5.5 50% Media Cast-Events Various Counterpartles Edward Ondarza Media Services 0.4 50-80% Media Services 2222222 '2 2 22 2,2 2 25.49% Deals 2 2' ,~,h,,F r-', "" - 2'2 V Deal Name '; 22. ' ,~ Team Leader '>'> Sector XV MTM L TCV;' N iot~a~il,ty Mkt Segment.I2U~L.222F Into Networks/Electronics Boutique (ELBa) Swaps Michael Hams Content n/a 16.0 TBD 49% Other EM Content Systems, LIC (SPy for Into/Elbo Above) Michael Harris Content TBD See Above n/a 49% Other AlItel - AlItel-Memphis to Atlanta - Mitch Olson Wholesale 0.7 5.6 49% Dark Fiber Cambrian Communications, LLC . Swap Mitch Olson Wholesale 49% Dark Fiber Blockbuster Edward Ondarza Media Services 2.0 30% Media Services AT&T Edward Ondaaa Media Services 1 0 30% Media Services FLAG . STMI (2 Year Term) Brett Voiley European 0.9 5.5 25% Circuits NTS - Amarillo - Denver Bill Abler Wholesale 0.5 1.7 25% Circuits Electronic Data Systems Corporation - IP Transit Brad Nebergall Enterprise 25% P Transit MFN Chicago-Buffalo Lambdas Scott Pleus 0.5 3.1 25% Lambda CNN Stephen Content n/a n/a 25% Media Transport Dowd/Stewart Seeligson 22 222>22 222 2 22222 2 2~t 2 22,2t 2222222 >2222 22 22: 22222 2~2222 22 2 tMW~~4~W ">V22t ~5~% >2 ~>~%t&2~2 222 2 2t V ~ k, 2211A22 ~ \~~&>7 ~ ~><"~~ £ Corparate Charges & Other Total Over / (Under) Plan Whsl Cant Allocation EMS Asia. Trad.' Other Nit~6W Sup~or~ Functions: Switchitg Services Software Engineering Global Networi Services Mid-Office Operations Product Engineedng Structuring Strategic Development ~$ 3.2 5.8 1.8 9.0 1.5 1 .8 3.0 0.8" $ 0.7 1.4 0.1 3.3 0.3 0.2 0.6 0.1 $ 0.7 1.5 0.1 3.5 0.5 0.9 0.4 0.4 $ (2.0) (4.8) (1.6) (2.9) (0.3) (1.3) $ 1.4 $ 4.0 0.6 4.5 - 0.4 ~15.8 2.1 1.7 4.2 2.9 0.1 0.1 0.2 0.1 $ - $ - $ - $ - S - $4.0 - - - - - 4.5 - - - - - 0.4 - - - - - 15.8 - - 0.3' - - 1.8 - - - - - 1.7 2.0 1.7 1.4 LStaff Fiiiictions: Legal Accounting & Transaction Support Purchasing Facilities Finance Human Resources Marketing, Communications, PR Business Controls & Security Corporate Development Corporate Charges and Other 1.0 1.9 0.4 0.1 0.8 09 1.7 0.4 0.5 0.1 0.2 0.1 0.1 0.1 0.3 0.1 0.1 0.8 0.5 0.1 0.1 0.2 1.0 0.1 2.0 1.2 3.8 0.2 0.7 0.2 0.4 - 1.0 0.2 1.4 2.0 5.0 - 0.5 - 0.6 20.7 20.7 1.0 1.8 0.3 0.2 0.5 0.2 2.4 0.2 0.3 3.8 - 0.3 0.1 0.2 0.5 - 0.5 0.2 0.3 1.0 - 0.1 0.0 0.1 0.2 - 0.0 0.0 0.0 0.1 - 0.1 0.1 0.1 0.3 0.3 0.2 0.1 0.4 0.2 - 0.6 0.3 '04 1.3 - 0.1 0.0 0.0 0.1 - 0.1 0.0 0.0 0.2 3.9 2.7 1.0 5.8 3.6 «=4Vilorepuffax 2.5 2.5 0.0 0.1 0.0 2.4 0.0 ~ _________ - 36.0 $ 10.7 $ (12.9) $ 68.5 $ 34.6 $ 7.8 $ - Salary Related Emp Exp Outside Syces Amt Captlzd 0.5 1.4 Depreciiti6iiIAmorti~ition Total Allocated Expenses 36.0 $ 108.7 0.5 $ 13.1 0.7 $ 5.3 0.4 $ 6.7 3.1 S 5.0 30.1 $ 67.9 1 .2 5 10.7 Income Adjustment Items (S MM) Original Carrying Current Exit Income Company Investment Value Value Value Adjustment Description Fast Forward $3.0 Equinix $5.0 IAM.com $4.0 Telseon $5.0 MSHOW.com $5.0 $6.4 $4.1 $2.0 $5.0 $5.9 Amber Networks $6.2 $5.1 $1.0 $5.0 ($0.2) $1.0 ($1.0) $0.0 $0.0 $1.5 $1.0 $5.9 $1.5 Vivace Networks $1.0 Acquired By Inktomi Exposure to current public market price Shutting down operations. Selling assets and distributing cash. Just closed a round composed of $100 MM equity and $75 MM vendor financing. MSHOW was acquired by Owest Digital Media for $50 MM. The value of the combined entity is $500 MM. Additional shares: 125,000 for services to date and test outline. 62,500 for test commencement and completion. 100,000 shares acquired for signing Collaboration Agreement. $22.0 $23.4 $25.7 $0.0 $2.3 1st Quarter Investments (S MM~ Investment Amount $3.0 Lynx Photonics Description LYNX is an Intelligent Optical Network (ION) Subsystems Company with its own patented optical planar waveguide switching technology. Lynx plans to provide communication system vendors with photonic switching solutions. Total Company 02105-02111 Artisan Blockbuster Cinema Now (Trimark) MCM Total o 0 2 40 40 34 o 0 0 17 14 11 0 0 0 24 24 21 0 0 0 39 39 35 o 0 2 120 117 101 0 0 0 o o o 0 0 09 6 8 7 26 26 4 7 21 .0 0 0~ 40 38 32 Movie Peak BDP Latency Up-Time Stream (sec~ Utilization SwitchPoint - Salt Lake 4.0 9995% 1 3% Reflex - Porttand 4 1 99 89% 0.2% Reflex - Seaftle 4 0 99 93% 0,4% Venzon - New York 4,1 9993% 02% Customer Service Abandonment Rate 0% Vt of Calls Resolved 29 Avg Call Wait Time(sec) 027 it of Calls Escalated 6 # of non-Customer Calls 50 Vt of Total Calls 85 Artisan Blockbuster(DEJ) Cinema Now frilniark) MGM Enron Movie Content Sub Total Movies Baby Einstein First Works Series Vast Video Sub Total Special Interest Grand Total Weekly Avg Pur. per Sub Year-to-Date WeeklyAvg. Pur perSub Top S Titles 212 83% ~ 2256 42 254 0.38 0.47 17% 2341 2,490 I $ 2,988.00 I 'CBS pee per ,i,ovie steamed Popeye cartoons 1 940A5 (2) [EBSI tS~ 4ttt~tme444tz~ I ~fttt 3% ~me [Retum to Me [MGM] ~sst~s% Aft Szfta~4~4 t~ 3% ~ [Morgan's Ferry [DEJ]Ak*SS[ttt ~S~S~U7*~ 9~C 2% ~a Little Monsters [ ~ ~t4r 2% m~ A Family Thing (MGMI......................~, s~ 2% ~ Weekly Cumulative Baby Einstein First Works Senes Vast Video Total 10% 12% 9% 56% 14% Pooling Point Network I North America - Running/Operating EBS EBS EBS ESS EBS EBS EBS EBS EBS EBS EBS EBS MFN Exchange LaycrOne AT&T MFN EBS Las Vegas Los Angeles New York Atlanta Chicago Dallas Denver Now Orleans Portland Salt Lake City Seattle Houston (0/point) New York San Francisco Miami I-lou ston( 130 iF) Washington DC San Jose 250 4608 4608 2 50 4608 4608 2.50 2.50 2 5G 250 4608 2,50 2.50 2.50 2.50 2.50 2.50 4608 Equipment Installed (subject to NOC connectivity) MFN Philadelphia MFN Washington DC EM Boston Cities/POPS 250 250 2.50 18 21 Europe & Asia - RunnIng/Operating Telecity Telocity Inteixion Into ton lnterxion LD Corn CornSpace London Amsterdam Frankfurt Dusseldorf Brussels Pads Tokyo 4608 lOG 100 100 100 lOG 100 Cities/POPS 7 25 28 Western BuIld Wasatch Build Texas Extension Gulf Route OST Swap MFN Swap Seattle-Portland-Salt Lake City-Las Vegas-Los Angeles Salt Lake City-Denver Denver-Amarillo-Dallas-Anstln-San Antonio-Houston Houston-New Orleans Los Angeles-Sacramento-San Jose New York-washington DC 1,562 386 766 249 TOTAL 5,460 Dark Fiber Footprint (currently in possession) div - Westem Build Wasatch Build Texas Extension Gulf Route MFN Swap OST Swap 360 Swap FECT Swap OTI Swap AT&T Swap Owest Swap Seattle-Portland-Salt Lake City-Las Vegas-Los Angeles Salt Lake City-Denver Denver-Amanllo-Daltas-Austin-San Antonio-Houston Houston-New Orleans New York-Washington DC LA-Sacramento-OAK-Sd spur (Portland-Sac 012001) NO-Chicago-Denver (Chicago-Boston 012001) Atlanta-Jacksonville-Florida Ring Denver-Kansas City-Omaha-Des Moines-Chicago Boston-New York various routes uurrent~at ~A1 Mhlattelwss 20111 1.865 612 1.562 386 249 786 2,097 0 0 0 0 1 865 612 1,562 386 249 786 2,097 780 682 288 1 .253 TOTAL 7,557 10,560 fl2rk Fihpr Milpq (in tntMl Complete Enron Build 3,866 154,510 Complete Swap Received 3,691 48.318 In Progress Swap Received 13.793 154,908 TOTAL 21,350 357735 Metro Dark Fiber Miles (in total) Number Fiber ~ype Cities' Fibers Miles Spurs to PoPs Newark, Philadelphia. Wilmington (DE), Baltimore 36 691 Metro Fiber Rings Chicago. New York. San Francisco, Portland, LA, DC various 4,503 New York Other New York 6 133 TOTAL 5,328 Conduit Miles 1 Salt Lake City-Denver-Amanllo 2 Amarillo-Dallas-Austin-San Antonio-Houston 1.083 2,166 2 Houston-New Orleans 326 772 TOTAL 2,560 4,029 ~t' In Field Servers Streaming Servers Installed at Site 02 Servers 270 $4,266 WMP Servers 44 304 Total 314 $4,570 Billable Streaming Servers in UCUULP 02 Servers WMP Servers Total Infrsetr..r~,,,q Servers Installed at Site Sun Netra T1400 (Europe) NOC MediaCast Monitoring Total Lit Fiber FootprInt Miles Dark Fiber Mites 09-3 (months) TCv (,aiilions) Servers (Instailed per Network Ops) P Transit (08-3 Monit.s) Pooling Point Operating Cities Simuitaneous Streams @aoo kbps) Simultsneo.as Streams (@20 kbps) utilizstion @20 kbps & '0% Simultaneous Viewing 229 $3,618 41 283 270 $3,901 5 23 26 5,460 357.738 5,209 St .155 314 20.500 28 25 02 150 WMP 300 02 1,000 WMP 2.000 02 250% WMP 014% gARY I it Footprint (currentiv Lit) Cost Equipment Number $000 1.865 eli Osat Fiber Miles Received 7,557 Contracted 21,350 4 MediaCast lPNet Connect Project Delivery Status Actual $ Frcst $ MC 2.1-Extranet 0.1 TBD MC 2.2 W esase TBD 0.05 MC3.O ###4###~ TBD 0.25 MC 3.0-Extranet 0.1 TBD BOS Project Delivery Status Actual $ Frcst $ Reservations and Scheduling OOD 2.75 4.00 Project Delivery Status Actual S Frcst $ IFN 1.2 TBD 0.22 IPN 1.2- SWE TBD TRO IPN 1.3 4/112001 TBD 0.39 Control Systems Project Delivery Status Actual $ Frcst $ PPCS 1.1 ~W*#~ TBD TRO A Customers II! I Customers A *f1 0 0 0 'p C) 0 3 3 (V -I 0 (V (V (n An a) C Z3 C LU C) 0 2 2 0 'p A S 52 0 ~4~ 0 cc rTI 0 C C I Enron Broadband Services February 20, 2001 Funds Flow Capital Expenditures: Fiber Fiber Lighting Real Estate & Construction Routers Switches Servers - Europe India Non-Network Equipment & Other Total - I Fae [ Plan $ (59.5) $ (59.5) $ 58.1 $ 58.1 29.3 29.3 20.9 20.9 5.3 6.3 21.0 21.0 4.8 4.8 9.2 9.2 19.2 19.2 8.5 8.5 $ 176.3 $ 176.3 Forecast I Plan $ (100.0) $ (100.0) $ 230.0 $ 230.0 115.0 115.0 83.0 83.0 21.0 21.0 84.0 84.0 19.0 19.0 41.8 41.8 74.7 74.7 31.5 31.5 $ 700.0 $ 700.0 aitl I ~Annual I * - Department Head Office of the Chairman Rice/Hannon North America Business Units Wholesale Market Origination Content Origination Enterprise Marketplace Services Semiconductor Services Media Services StreamCo Business Ventures Total North America Business Units Global Business Units Europe Asia Origination Latin America Global Trading & Risk Management Chief Commercial Officer Total Global Business Units Global Functions Network Engineering Structuring Broadband Switching Risk Mgmt Ops & Reporting Product & Information Engineering Total Global Functions Global Staff Functions Strategic Development Legal Corporate Development Human Resources Marketing/Public Relations Business Controls & Security Finance - Total Global Staff Functions Golden Richter Stavropoulos Echols Plante Yeager Mordaunt Donahue Barnard Kimberly Brindle Howard TOTAL 233 43 47 83 232 638 6 16 4 31 45 10 17 129 1,188 AnalystslAssociates 94 1,262 TOTAL EBS 291 54 62 106 253 766 11 20 5 31 48 10 19 144 1,339 95 1,434 58 11 15 23 21 - 128 5 4 1 3 2 15 171 I 172 Actual Budget 7 8 Variance 1 Seitz Cox Crowder Doshier Ondarza DiMichele Garland Elliott Duenner Waddell Fallon 36 48 31 8 7 2 7 139 102 17 8 125 3 255 42 60 38 10 16 10 176 110 49 9 77 245 6 12 7 2 9 (2) 3 37 8 32 1 (48) (3) (10) I