=============
Page 1 of 1
=============



ENRON
INCOME BEFORE INTEREST & TAXES BY BUSINESS UNIT
  (Millions of Dollars, except as noted)
  Fourth Quarter

		2000	
	Forecast		Potential Adjusted
3rd CE	Adjustments	Forecast	Items Forecast
103.2	-	103.2	- 103.2
52.0	15.0	67.0	- 67.0
155.2	15.0	170.2	170.2

Transmission & Distribution
Enron Transportation Services
Portland General
Total Transmission & Distribution
Wholesale Energy Operations & Services
North America
  Europe
Global Markets
Industrial Markets
Enron Networks
South America
India
  Central America, DR & Jamaica
San Juan Gas
  APACHI
Engineering & Construction
Enron Global Finance
Enron Global E&P
  New Power Corp
Rhythms
Structured Transactions (Tomas)
Prepays
  Reclass to\from Corp
Reclass to EES
  Enron Broadband Services
Other
Total Wholesale Energy Ops. & Services
Enron Energy Services
  Other
Reclass from Wholesale
Enron Energy Services
Enron Broadband Services
Corporate and Other
Azurix
  Enron Renewable Energy Corp
Clean Fuels
  Resco
Enron Investment Partners
Corporate & Other Expenses
Structured Transactions
Reclass from\to Wholesale
Total Corporate & Other
Overview
INCOME BEFORE INT., M.I. & INC. TAXES
Interest Expense, Net
  Dividends on Preferred Stock of Subsidiaries
Minority Interest
PRE-TAX INCOME
Income Tax Expense
NET INCOME-RECURRING
Whitewing Dividends
NET INCOME
DILUTED EPS
Recurring
Non-recurring
TOTAL DILUTED EPS

Avg shares outstanding - Diluted
Effective Tax Rate - Recurring Earnings
C'1D000ME-11BLCRE WSLLOCNLS-1\Temple.xcalapps.Lolus.Nxes,DaIa 4IBIT.xlsl4m Eli
3/11/05 3:17 PM

  95.1 291.0 386.1 - 386.1
43.3 31.7 75.0 - 75.0
34.7 - 34.7 - 34.7
20.4 9.6 30.0 - 30.0
15.0 6.2 21.2 - 21.2
  196.8 (150.0) 46.8 - 46.8
36.8 (43.1) (6.3) - (6.3)
(0.1) - (0.1) - (0.1)
37.4 (19.5) 17.9 - 17.9
20.5 (3.5) 17.0 - 17.0
13.8 (6.0) 7.8 - 7.8
12.1 12.5 24.6 - 24.6

  (12.7) (12.7) - (12.7)
45 0 - 45.0 - 45.0
(29.0) - (29.0) - (29.0)
(37.0) 9.8 (27.2) 24.0 (3.2)

  (18.0) (18.0)
504.8 126 0 630.8 6.0 636.8
2.8 13.0 15.8 - 15.8
- - - 18.0 18.0
  37.0 (9.8) 27.2 (24.0) 3.2
39.8 3.2 43.0 (6.0) 37.0
(31.7) - (31.7) - (31.7)
(19.4) (8.9) (28.3) - (28.3)
26.3 - 26.3 - 26.3
(12.9) (1.5) (14.4) - (14.4)

  (0.9) - (0.9) - (0.9)
(902) (2.9) (93.1) - (93.1)
2.7 - 2.7 - 2.7

  (94.4) (13,3) (107.7) - (107.7)
120.0 (122.0) (8.0) 10.0 2.0
693.7 2.9 696.6 10.0 706.6
243.7 0.9 244.6 - 244.6
  19.4 - 19.4 - 19.4
33.0 38.0 38.0
392.6 2.0 394.6 10.0 404.6
  93.0 0.5 93.5 3.7 97.2
299.6 1.5 301.1 6.3 307.4
$ 299.6 $ 1.5 $ 301.1 $ 6.3 $ 307.4
$ 0.34 $ - $ 0.34 $ 0.01 $ 0.35
$ 0.34 $ $ 0.34 $ 0.01 $ 0.35

  882.8 876.5 876.5
237% 23.7% 24.0%

  1999 00 vs 99
Actual Growth
96.6
  105.6
202.2 -16%
69.5
  41.8

59.1
11.2
19.2
(2.1)
1.9
11.1
(2.9)
7.8

  (12.2)
59.6
(1.2)
262.8 140%

  10.3
(2.5)
7.8 451%

(19.8)
12.9
(5.1)
31.5
(2.7)
(43.5)
12.8
14.7

  0.8
473.6
118.6
  19.3
42.0
293.7
  35.5
258.2
18.3
$ 239.9

47%
106%

34%
17%

$ 0.31
$ 0.31

  780.7
12.1%

11%

=XH009-00111