' David W Delainey 01/19/2001 10:34AM To. William S Bradfordll-IOU/ECT@ECT, Rick Buy/HOU/ECT@EOT, Mark E Haedicke/HOU/ECT@ECT, Dan Lett/HOUIEES@EES cc Subject: California Exposure Table Can we realistically net transmission costs against CTC undercollections for EES? If there is a credible argument we should discuss Regards Delainey ------------Forwarded by David W Delainey/HOU/ECT on 01/19/2001 09:35 AM --------------------- From: William S Bradford 01118/2001 07:40 PM To: John J Lavoraio/Corp/Enron@iEnron, David W Delainey/HOU/ECT@ECT, Marty SundeIHOLJ/EES@EES. Dan Leff/HOUIEES@EES, Pick BuyIHOU/ECT@ECT, Steven J KeanINA/Enron@Enron. Vicki Sharp/HOU/EES@EES. Elizabeth Sager/HOU/ECT@ECT. Wanda Curry/HOUIEES@EES. Michael TriboletlCorplEnron@Enron. Tracy Ngo/PDXIECT@ECT cc: Subject: California Exposure Table Attached is the updated exposure report for California There are four spreadsheets 1) PG&E Corp and affilate exposure. 2) Edison International and affiliate exopsure. 3) CAISO and Cal F'X exposure, and 4) Enron business unit combined CA exposure. We are continuing to make progress on the mitigation of PG&E non-regulated exposures. Please give me a call it you have any specific questions on the numbers. Bill 3-3831 Please note: The numbers for the PXCredit have increased based on a more complete valuation. The RXCredit MTM exposures are not netted against EES payables of T&D (with netting there would be an estimated $200mm reduction in PX Credit exposure) AJI MTM numbers are valued atthe Mid Curves. Enron Wind numbers are being reviewed. Portland General. ISO and PX exposures are estimates from last week and need to be updated. ------ Forwarded by William S Bradford/HOUIECTon 01/18/2001 06:26 PM---------------------- From Wendy Conwell @ ENRON 01/18/2001 07.23 PM To: William S Bradlord/HOU/EOT@ECV Subject; California Exposure Table Per your request attached is the latest California Exposure Report. U California Exposure 010117a.xl Wendy RAC R,ol A6....uoo.t & ConO,.I C.W70& COI00071U93 1800.,, - V 3I192$I 14031000 0o.403p.IP'. I~' '0003 l.p...0 l04p4 O 16700094 ~ .40a. *100004 CO0.flq '070320,0 897310 C4700777 ~0R 06016(00700400038 .460.14.150.3*30 04600*10 'otoc a.. & r.731 Crory 7000 P003600600000900.601mw 6061 ClIP. 8774 -u minT 22r4 00 34307312' 04'74027: 19' 0277'S 0U332002 00333752 - $13 1700 107 ($31 200 203' 7374' 114 (00 020 060 $49 3~ 002 $20031512 N 02 (NO $73 NT) 0 720.200 00 0' 720200 00 ($12205217 N ~ IIUOUAI OS 1060460*60 OsSiNja II P~ e,.s S. CU. N 13* N 07in IO*dlDll N Pu SF. 0006060 $2 SC 0150873 00 9150373 0130373 00 $701 430 2h' (003220 Ar - '20£ $70730047.71.. El. j~T4707g C01000434, 07,31030024 '2108n0717937no, 870lgyT1aT$ Co 133407 892 C130 Tm 8045 teoup ..ry... 14005 71.039 00005. 0O4&~inry (700.19. pO.W CE yTroT 20. 'OS, efleloy 7~OT P3407..A 80* Corp '3M P767Th,"140g- p0*11.0 502007, '$0 SW6PTO00766 .P*7,LP 0960 Pa Pall 134qy183441. 'GSA ~773~T 3.7*.o 5840 :60 In.,. 010.00r~ 5702227 ¶0. 0.41147 o.sa.o 110 CEO EE'£yO10cTs '001 PWVYIis4I,g.CWI.11241$010307 Pn,070r840 'G&0Enr0y7l2Jn5 ClraciCoAo, En,o,.C*112. '0007n.777154,,g C.T.0o2273707o¶ 8702227 707.1 P31*1 £ltlTrtruc,ng.Canbo.Cmorouo, -GAO 0'fly 704 1194209 234mt07 ~20387813077,0,g Go, COTwn9Tw '001 OnrOy 7134719.30, C0700,UtOn 'GlEE,, y71427g-GI. C.71s.40 'OlE tnSrT 7704 75-35, 0070 OlOtor '005 f7rW71*0~~-0., 0070070707 '002 C~812o TrSowg.Ooo 234070337 'OOfll*730770071-0.I 0340,1701 0080 E71'3y 7703719-2030070010037 7300 POW SP.13T7347,3000. e.Iy.Pa.r 07*10001 P081 TIS0PIO llh*1*980 TJ 60900000 31 8000 37041719 704.I. 727003419077 500. 94227 070* COrE Co l1E $0004700 EEI22OES SC $0 $92412 SC $92210 0002407 SC SO 02 0203237, 007 5390 236 0303230 00 $0 0121(1 SC 0. (90140310) 02 00 00 00 (02144 333) 00730204 (01007010) SC 0229233.011 0)10207 92 (0217103233, 03 00 010340303 $2 $2 5)5073004 (000350 317) 00 03 $0 SC $23307033) $117393 732 073 70' 231. 02 (3433 130) 5(0 270.805 ($0 33 430) $2 00 03 0)0 370733 03 0D 02 Sc 0~l70l1~ $( (02 $9223,) $2795' 00 00 (5430 141) 00 00 $3 53 0$ (013333033) 0137373731 (0l00077.333) 03 0(372003 (05131 975) 0273737 02 00 )S4*097l) -- 03 02003333 11222332 SC 0100(4 0$ SC SC (00140311( 033936 0721430 00 (3106000)) $100 25260 00 00 0)0316003 070316 303 SC 0)802004 01*00012 00 POlO 0.10 90870(0b300002hfl370040070 800 ~730t' 1... t5700~10 02 04 00 (000300 377) $24021440 $3230040 50 0)200339 0827370 SC (02311,21) 00 SC 00 (30 06 (.023) (01 710609) 00 $1 )020.1CU) $2103') 00 00 040074)) $10370731 00 $0 (023331233) 00 (0) 700 009) 5270727 $0 00 1O21037l 00 (02230333) $340 04 022231270 (0120033 315) 0707569403 '0) OU 050 T70700001037. 0007003 0.qpbpnap OHm 0.7000 50 072 253433 50 00 SE $72333 433 N *054 CM 77W70300010P. C*3W** $*79470*0 8022070 $0 ($70906004) 00 00374 07274 00 010030770' S'C 283233 (070931333 _____________________________________ 80300000 00.,o.$.p 077*104700 . 274 0) '-'-.8 PSA~0$ P,w60.0 IS. P..0l. 7.7073)83340402 P2CC T(09703.46)467110101'00u(SW$777401 0181040731317-221 770.26 0701137lC 2000100 *1 03402 *010446 70043£ 4940.. 000781 147-271 $177339000 *97 M0,W'337T7 00,0*210. *0794000107413 4~C- Risk Assessnurt & CwWroI Isp.... s.d huMS 699w9~5 663d55 MSN.8.-Ii.6.t Ms,94991948 RX.t.mu 1,vW,s Ni CW1W15991 )A58~ (AD) (MR -NP) G.p..~ Nd ~... 111 $090 501 OlIlOOft, ¼ ~0. 01Cf 0 040004.~0 ~t -o w 6R~I Odd 5M~4 ~t20 2025 CdIlsNs 549659 C..woy Po.SW96 O..,.d N N m.l~ l~ N m ~ N P~5 8590.49. ~9~U 96 W0s~3D)9 m.o In remasni rewW89 p965 8112517 Pre 19 SW065*fl .9s 9690a~~ p~SW w-93 89*** 510 C510814S 141199 CW59U9S - $0 I7T~cmo 515.0.0. N IN 0.0. ~ N Ps CredO i~.96 155 CirlIn.. 14,6.4. C.o~.ny NI4C N 11IO~~I 141.0.0. N 141 0.0. 11I1~~ N Ps C..dA. is. EDIC 111C5,751196 EM,0, 00r016l,y E6on~979 50 10 12,379 752 50 12379752 12579752 10 51321 3555~9~~K89l9' 30 20C0HS~4901, ~R ~cr,ss .592275W 036 1'909~ J8005V 3Z 212 705 L5H9~ 5590.09 3SUSI.113 ~AN.ISN _________________________ Oson F106$0.'L 1141,0 ETP.,0~7.. .o 027075 10 12 10 12 127275 10 s~a~ 6rUPow.rL,rsoed CZTR.4o~d.I .,o. 30 313559951 12 10 12 11$ 559901 00 d,S0~ 5Th9565.'Lr'19.7 Ervor' Co. 12 1125.05' 1131 12 10 12 12 1125551 131 o~0r' F,0167so.1L nl,t.5 Ero0rrE.oooe ..oo $125007 10 $0 10 90 1125000 SC s.o.~ t6,~.L,n5T86 86M6.ore. ..zo 10 10 110.110901 125.4.7901 14807801 19897908 10 sssoos9.4w.~o 0~5r' 86~4 Co7 10 10 112,1.4701 11544.7501 II' 991001 1'' 890006 10 9990UIS*dflMWlNRgIh~dIflg E4AC,m. 121,772111 N N N N 0.,7flhiS N INANdImEd 80g1y109 Ii... 51sdOn b.nwf. (4) ..51. so.., .65. Illibi SOC It~fto~ 1dISW,fl.58flM~IO N5dN 0.59.9995198059W5 99.08.54 901 M.9S M.r46,flg .T~cng 659.4 10 112.590 '2, 179.599 949 199444.380~ 17121499 $J $6439923~ EPsn.. 5120801 II 953MM 10 01181 0~01t71 54b1015 N@n.wIfty 59596.9. wsmms uo,~aa.aso _________________________________ 5.411 1914486 $5 N09.J511159*.1i51.. 617133547 Si 7~ MM54p..hIp 1991609 1441791759 IIUIUAI M13fl4.M1 135941921 ~51M5mS.OOf 139291440 94514.45s1 944-Or (011010 E$0Oo,SIONoIr.5175S.C! OIISSVEIIOQOOTSSZIINIMW1S 08059,581 Y (41OQt 9..oor'sl; EjCos,06I;EX,o. r;ouce:o-5392 lMMnrmMa;ierSiO.011 aSECK 157550150 ($15 ISO 2941 ~AC - ftlulc Assgsunrt & ~0fltroI Ezpcw~ru a. ci 1117101 COWSIPWIS Carol OC CSarue .OC Cs-. 'OC Capon; 'OC Casryc. ISO Coworms ISO Tea CA EQ CowOmaty Casio; Po'nclcccacw Coororson Cowers a P58erhccNl3 Coroortoc caWoros Porn, Grown. Coroordor Caoor,s PcccrEcnrpComoctcc CaPorm. Porno, Gotten. Cobeordoc 2.0cr,. Porn, Fsrw~ Concerto, Cauloro; Porronfrocroro. Corooctor Care * Poor., b.occacn. Cocoocton T~ CA PG brow SEW Erooc Porn, Mflotcg ccc Ellen Ferrer MsicoOr~g ,c't Error, Peon MoNcSrg cc Porno Gonecs Porn eriord Porno PondS Eurow tsar Error Poor., Ma.cadng mc Error Porrec Monoetc~ [cc ErrorPorn, Maicotcg mc Eroc.cPec,ocMoNnItcg cC Erwcn,P~c~14ncstn2 no ErronPoruorMoncoocg [cc Error, Porror MancoOng 'cc Ferraro Gonocti AtOot$r MarCo NOconran 20CC Centres, 2000 14Th nary 20)1 tonconra' 200E Cocarro.' 2200 MiD atonc200l AdMOy MorEl lerrort, 20CC 79.. Cr. e4o( Decemeor2000(Reo 'rIce Mc Zcococt.r 2002 (Cot. SM( C'.cnw 22cc (SOcFWM.t se~.y20C' 0.5 lace AleC ttIcCjor.Sy0CCI Ce'.Mo'7 Gcotno8occOwPoctoro Lncrrno.t 2015) lIst k.. NotNeonot WAtt? oW) 3wwO oW) $49 $47 SOC $14 A'C SIC, (3 09) 2 5) $7700 ~ 1452000CC $900 ~ $102847 MC ($20 480 58$, Prr~t MaMa.. swleaute uutaPo U) (148 PJCLOOJI NtPcarare. (twwO OS) ($1 $21 31$' ($835 134) 112 526251 ($32.8'? ~: $25 PS ($'5 32033 12 wOO 200 (SAoCCCOOC) 111221211 (SM7IM.$91( EoF.NS CASO'. Uspowurt Nd Spouts $49842802 $7 720MC $45 020w $520002 ($144 2 310. ($8 072 210' hIU,U?SW (UISSU( ErwtlONS CA Pr. burnt. Nd Spasts ($1 $21 218 (300 134' 112.534251 ($32847520) $25 ~M, 115 320 583) 14801400W) $2020500 I11,321211 (31721791) EQ bLbS 54001 OIIrOl spool PR NSPWGUSC Pqorraot a $4 Pall seas Ilnotoal 834~1 155505 Sham, bmiwo WotoOs aLl It 12901 lOsnot PR OsMose ReapS a 05-Fc.29 0&Wor.0l c8ac.CI 0&Aor.C1 77-Pc-Cl 1*.,MrC1 SUMMARY EXPOSURE BY ENRON ENTITY Counterpurty ENA EKS EEL EWS POE Totmi Note: (a) 1180MM ot exposure assigned from EES on 12/28100 (b) Total Callforn~ Utility Exposure assumes netting with the following entities: Both Utilities, PG&E Energy Services, Energy Trading Corporation, PG&E Energy Trading - Power L.P ('C) Total California Utility Exposure will reduce to Si .430MM with Master Set-Off. &E Utility $10,010,757 5699,000,000 $159,873 1709,170,630 &E Non-Utility $279 188 760 (a) $10,241,582 $65,974 $289,503,316 E Utility ($35408858) $321,000,000 $2,379,752 158.000,000 $345,970,894 CE Non-Utility 138,663,124 128,670.833 187.333.957 SO 149.647,860 $53,200,000 1102.847.860 112.526,251 12,800,000 S15,326,251 Subtotal 1354,627,894 S1,030,24a,682 $28,736,807 $2,539,625 $114,000,000 Totel Callfom~ Uttity Exposure $1 530 152 908 (byCc $1,429,807,407 MC - Risk Ass.sunowt & Control CaWo~Ia Cooatmpwty Expoare os of 1117PM Counlerpaly two, ErtOy POSE Oc,Str Vert.ret EEOC PoSt Sm S Ekahlo Conipey PaLE EneogySne'35E-GCI CorgaorP EEMCIEES Sotren, Cafoono Ec son ESOOSSO Sets Spoon t5elflg to SUE/SEE PoSe 0 S Electric Cooywiy Euwon Cats POSE Energy Sore coo Energy Treorrg Coogornon En-or, Cern. POLE Energy Tnoeng Croci Cooportotl En-on Cone,. POLE Energy Troeng Cored. Corpontotr En-cn Conece POLE Energy Troong-Gue Cor~o,orr En-tn Cenees POSE Gas Truoonoootoss, PJotSmeOt Coqerictots two. Swat. Toes Seocatee Roatite to tweet Cores Corp Ee,oerrE,nopornL,en,toO ECTOoS 0 Ed son flrgt Fonnrr LirnEoc EC~ Rot .n Tots Sopoo..oo Rotobte to two. tootle S lOoto Roooorooe Fysor F rot 00..., Lotod En-no Coo POSE Enong0 Trteng - Ponor - P Enron Coo Toss Scoop,. fto~h'e to Sore. Coat SusIe.. LEstet EOior F 'or Porn, Lrn,toe En-rn Prone Eaton r rot Peoer L,rnOoO En-or Lroo. Toole broom fto~hee to lowe. Boroec Ltd. Peon' rooc on Energy EM Corn Ejooss Matto knottog & 7rotisg Inc. mm Coos. Psooto to. A Stoottlo Cotepwty mat Sees. POSE Eneng,, Sero net Energy 0oaeng Conoorebon EM Corn POSE Enoogy Iroong - Poo.or P SM Con 0340 Energy Iroong - Pyre' P EM CorE P345 Prorgy Troc ng Cinoct CcooordOor EM CurL, OGLE Energy Inc ng-Goo CorooroSoo EM Corn POSE Energy Treeing-Get Corsonosor EM Corn POSE Coo Tronembootory $doottnoeoet CorpuS.. EM Corn CEO Enemy Options no. EM CuE Scool lopoocre ReUng to Howe. Noses tmoeoroo* Corp. Ee.wooic ~t.s.oic S5oe Pcrotsinoe Styono $4.5 Mwtto-Mottoet MVIP4e4OSOOS Nfl) (NP) (NM- NP) Sepeewo to SC 11020!5g2 SO SrC24E3C2 112245382 a cams intauc cc intmao ,e.inai SE $2 803 000 12220 202 (18 2909001 65.090900) 10 So 5227 02000; 15' ZErO 002 10 5542109)2 1325 OX OX U (53.SS,0C) SPyuAiSI {oi mATS) *IS738e7t IU.db,612 so SC 04Qsgc 10 15>490 150410 ($59330 317) so to 10 50 12 SE (133.557 150) Sn 17555 753 (170 727 294) 040 820 445 ing :sg gag tO 0245 nrC tO (52 502 232) ($2,552 200) 10 a gnaws to go go 112am *ltMCSjTt $35 one 00 00 $ngESggS 10 (125,25' IrS) tO 315974 5025 300 to $0 tO $2 3m 152 050 tO 10 10 $21501 5) SC 50 Srsno Or, Cooflupwtte Net ttpeouo IC go (52290907) go U $0 .159 339 317) 10 $2 338 020) go 1511 tINT) to tim.uT.c? go $0 10 50 10 )0250000rS( go so so get gn 30 805,374 IUS.$S1.SISI 10 ~7 Cr25090 to 3290 700) 03107 025 5917' 507 32 0,3 So $0 5rO ,oo nor (0294 nsn) gri 5g~ 505 17009' 0.05 125,7T3,SSS to SO U go US.373.ilS s15.Yee,5e7 (03t,26S,US) 807151 eat (NOneS) OS U? 854 m etc 013 so so toic 225 12 0292 233 5292255 tg.rAoOnt, SE SC 10 60 60 to )02.'44222 551'S 254 )1125'l'11 $2nPP345 054 725 SE (1432 159; 11207918$ 04919419; 51210229 182702 515.370 735 10 so 00 5: $15 SOt 105 so 012.9021221 015711 TOr 3155 577 5501 (04.151.522) 10 to Ore.509 900~ tO 13504 13354 10 00 50 11982884 $0 51880854 1140204' go 00 U go 10 09 lOU 0501 to 10 10 (12! 520 4531 (118 835 530) 17 m n,m eto,3n13) Omisoma ISO SPEll Ceotorr.e 50 SF511 Ceilorroc SO 5PM. Cahtorni Rove Errorge Ooromaor SF14 Ceelorro. Rove Evor.,ge Cor5ormor 5PM CabIns Paver Esow~e Oorwor 5PM Ceelyrne Power Eoor,er~e Corpovuor 5PM C..rorne Pove Owo.r9. Corporaor 5054 Osborne Rove $2crwlg* Conan 5014 Ceeborn. P0...' Exorwlle Oorpaeor SF14 Editor lesion Merong 4 Tridog irK Lord, ~eeilo Ga & Egooro Ovoory 5051 Poll Inert, Tnarg - Power, LP. Will Soirer, Osefoorte Editor Covrroary 50511 Ta E#an Macerg vet.... Pew. Mfle6r~ Ins lao 2~ $49647 660 649667 640 Doe 2000 $14410350) $144? 557) i/TO ~r 200' '$0 070.216) 65 07? 25) Nov 2290 (lee trle iotd: $193 216? (5' 93 319' Dec 2029(Re.TinveyMl 6855 '34) $855 So) Dec 2~(CoreNlo( $12526.25? 612029251 8.aJM~ill0Ja45e ($32 847 $2)? ($32 547 60)) (125 116) (671 'II) ElTO .641 2291(001444) ($10 329 093) $1) 329 593) Eueevr.$ Bock PWPoI(o.o 1848.000 290( ($4825? 007) $0 1572.560 "2( $75 595 84$ 655 444 997) 172' 469 V 18 (583.975 657) $1726 200 SC 1)726 20? $0 (8$. 2444$" 60 W.3166 SIU,07.162 5Ul7.IW,U3) 5M6,I~6.N1) 61W 146686 66 $9 ($42725 559) $7025.29) SC 6' 220290 6? 52' 426 555 acm i.e aiflu*6j Recur 94 Seotre Cor'prv Sc.t'n Ceilorne Saitor Corsany TeeM beet.,. Macuse it ieee. Wind Cere. Error Wind Error) Wind 65 60 6159 813 $0 $0 12.379.752 18 $199 873 115$ 873 50 62)79752 $2274752 a.m.a POSE Energy Treor~-Get Corsoraon 19. Cc TO Intern Meahe it (iteesteer Pipe Line Coeseew Cilborne iSO P011014 G.e Nc..ewerr 2502 Ceelor.. 50 Reined Oar O.oe.rt.r 2029 Ci95vrr4aiSO PorurflGer M7Dss9200r Ceviorne Pore Socnirra. Coroorahon Ported Den D.otrrt.r 2000 SeetOtre. Ceerree Islets Ceitipeety Peetteird Dot 64 Tell Kipoevee leisure it Palling Camel Tad bite.,. to Cd$tvrda Covflepnty $6 tttir Urns Tail Etoteet to Edteorde CovanUly - teileelel selling V tns, mrs wtce. Veding eeflet 60 65 11 37) 662 (65 55' 515) (1.760 695) $7729290 $45290297 6000 000 $2 $20 00) 66 m,u$.uo 5? 1176099" 64 951 .760W) $7 700 CCC $45000 6022 029 62600 09) im muon macan a enter P $63 96 65 139 954 $63) 0.00 1'45395155 ($39 954843) $2 50 U 64 a