Collateral Valuation - Summary Liv Origiiial LOC OutstandIng Curremul LIV Mkt Val. Collateral Collateral Req. Excess (Deficit) Stock Price Assuanpilons as of 28~Aug-0l I Euron SJR.16 Compaq 513.32 Eli Lilly 579.95 I BA Chase Corn ass * I~iJ Total 80.0% 80.0% 80.0% $40,000,000 $9,479,392 51.7% $18,321,881 $11,849,240 $6,472,641 SI 5,000,000 $2,689,000 75.5% $3,560,524 $3,361,250 $199,274 ~cLl7~amm 800% SI 0,000,000 $3,489,871 53.1% $6,570,707 $3 .456.566 $9,888,000 I $25,546,263 I #1)1 V/0! 528.453,112 $ 18.667.056 $6,671,915 $5,000,000 7 5.7% $6,606.64 I $6.2 5Q.9!I0 356,641 BorrowIng Poweri $5; ~1A3,I~ ~ ~ I ; ~, ~ 11a19.~~I.;y ;~$~Y~j: 'I ~. ~S,304,~26 )rigiiaal L()C I )utstandang Available Linel $750,000 $1,000,000 $0 $0 $150,000 $1,000,000 $500,008 $0 $2,250,000 * ('oraa jiass Lot' has 80% LiI' on oil liquid assets held as collate,aI. i/ge L'S Ce/naomi is the Sanders' Lecogilgi w/inh consists (if diiquid assets that Compass offers the lesser of iO% LiT' or S/mm GOVERNMENT EXHIBIT 24224 Cnn, No H 04-0025 $500,000 $0 $0 $0 0') C-) 0 0 0 0 0 I'-, Lairozi (?o:aalia4l Eli Lilly hO I I 1.Cw $2,250,000 $0 (50 -o , ~ Cr (5,, 0 -Ti- -Cs Allocatiom, of Collateral for Secured LOC hA Chase Coni ass FU 7511% 92.5% 74.0% 24.2% 7.5% 00% 0 0% 0 0% 26.0% (liverSilicd 00% 00% 00% 00% 0.0% 0.0% 1000% 1000% 100.0% U ic tit 01421 1411112002 I I Collateral Valuation - Suiuauna,y Sloch Price Assumptivias as of 28-Aug-01 EOTU $20.55 Enroit $38.16 TCW - Selcc~ $16.34 Compaq $13.32 TCW - Aggr. $12.33 Eli Lilly $79.95 TCW - Sniall $18.91 BA I Cotimpass I LTV Original LOC (Juislamudimig Curre~uI i;rv Mki Val. Collateral Collaicral Req. lix~ess (Deficit) Ii orro wing I'uwerj $162,954 I . $93,20~ j C- Ci~2 ;~~C) 111 aD C) -o ~ o rr~ o ~ o ~ o o o - ~21~ 0~ 80.0% 80.0% 1W I Total $1,000,000 $670,000 A/l' KLL $10,000,000 $6,973,000 78.2% $8,919,943 $AL7i.~25~ $203,693 $1,600,000 $11,000,000 $9,243,000 lotait amil 70.2% $954.000 $83 7.500 $116,500 $2,523,500 $11,766,500 $9,873,943 S9.553.750 $320,193 $25E~,l54 I Enroam Compaq Eli Lilly EOH 1.Cw Allocagion of (ollageral BA ass Eli 25.7% 100.0% 16.9% 0.0% 18.1% 0.0% diversified 1.2% 0.0% 38.2% 0.0% 100.0% 100.0% LAW_OtOti2l titittI2002 Collateral Valuation Bank of America Stock Price assumpnons 28-Aug-01 Enron 538.16 TCW. Select S16.34 Compaq S13.32 TCW.Aggr. SU.33 EliLilly $79.95 TCW.SmaIl S18.91 EOTT 320.55 Outstanding Loan Balance Collateral Pled ed Shares Value EnronCorp. 364,157 513,896231 Compaq Computer 332.256 Total Market Value of Collateral S18.321.881 Less: Collateral Required (80% LTV) 51.740/c 311,849.240 Excess (Deficit) Collateral S6,472.641 Borrowing Power SS,178,I 13 Available to Borrow 55.178.113 in * ~nen d. Outstanding Loan Balance 56,973.000- Collateral Pled ed Shares Value Compaq 113,064 31,506,012 Eli Lilly & Co. 20,220 31,616,589 EOIT Energy Parmers 5,000 3102,750 TCW Galileo Select Equities 131,738 32,152,599 TCW Galileo Ag~ess:ve Growth 37,949 $467,911 TCW Small Cap Growth 41,485 3784,481 Enron Corp. (includes additional 25,000 shares) 60,000 32.289.600 Total Market Value of Collateral S8.919,943 Less: Collateral Required (LTV 80%) 78.17% 58,716,250 Excess (Deficit) Collateral S203,693 Borrowing Power 5162,954 ~Available to Borrow 5162.954 Confidential Trealmenl Requested under FOIA LA Y-s~c'.i 000000217 QV 24.2% 100.0% 16.9% 18.1% 1.2% 24.1% 5.2% 8.8% 25 7% 100.0% LOCOtO827 8/8/2002 Collateral Valuation Bank of Amertca n n~i~ a one a. Outstanding Loan Balance S5.000.O0O Collateral Pledged Shares I Value Enron Corp. 172,130 56,606.641 Total Market Value of Collateral S6.606.64 I Less: Collateral Required (80% LTV) 75.7% 56.250.000 Excess (Deficit) Collateral 5356.641 Borrowing Power S285.313 Available to Borrow S285.~313 5750.000 Line of Credit (Unsecured) IIN/O Kenneth L. & Linda P. Lay Outstanding Loan Balance L.0C0 10827 8/8/2002 so Confidential Treatment Reques~e~ under FOJA LAY~SECl 000000218 Collateral Valuation CA.ase 28-Aug.01 Stock Price Assumptions Enron $38.16 ComDaQ $13.32 S 15.0 Million Non Pun~ose Credit Line STOCK Symbol Cerdf. No. Enron Corp ENE Chase ACCI Eriron Corp EN"E Chase Acc: Total ENE Shares 3.936 82.388 86.324 Value $ 150.198 $ 3.143.926 S 3.294,124 Ownersiup I Personal Personal 92.SV. CPQ BB125523 20 000 S 266.400 Personal Total CPQ 20.000 S 266,400 7.5% Total Value of Collateral S 3.560.524 LTV 80% AVAILABLE BALANCE: S2,67(~,393~ Funded (S2.689.000) REMAINING BALANCE. .' (S18,607~). LOC...010527 8/8/2002 Confidential Treatment Requesled under FOIA LAY-SEC-I 000000219 Compaq Collateral Valuation Compass 28-Aug-01 Stock Price Assumption Eriron S38.16 Eli Lilly 579.95 510.0 Million Non Purpose Credit Line STOCK Symbol Certif. No. Shares Ownership Eli Lilly LLY FC24922 5.000 Personal Eli Lilly LLY CNY 18380 5 000 Personal Total LLY 10,000 799,500 Enron Corp ENE HC119322 7,690 Personal Enron Corp ENE HC119285 22.052 Personal Enron Corp ENE HC119286 1,751 Personal Enron Corp-Split ENE HC164652 1,751 Personal Enron Corp ENE HC119359 4,521 Personal Enron Corp-Split ENE HC164653 4,521 Personal Enron Corp ENE HC119360 7,792 Personal Enron Corp ENE HC127094 9 4-40 Personal Total ENE 59.518 2,271.207 TOTAL $ 3,070,707 LTV 80% AVAILABLE BALANCE SZ.4S6366 Funded ~(S3~489:87i~ REMAINING BALANCE (Sl.033305) Additional Collateral Sanoers Moms Hams (300/o LTV. capped at 31.000.000) Total 5 3,500.000 LTV 30% AVAILABLE BALANCE $ 1,000,000 Funded - - REMAINING BALANCE Si.00O~O00 Confidential Treaimwit RcqucstLd under FOIA I L)Oooo~p2(~,~ 26.0% 74.0% I~OCOt0827 8/8/2002 Personal - Secured LOC (SOOO) Enron LOC BA Chase Compass Total 500 5,178 159 (33') 5.804 Persona! - Unsecured LOC (5000) BA 1,000 Chase 1,000 Compass 500 Total 2.500 Partnership - LOC (SOOG) Now BA pw (increasing from $750,000; should be effective next week) (increasing from $750,000; should be effective next week) 257 (additional collateral should be in place early next week) _________________________ wainng for the dust to clear but it is positive 257 at least this much When shares settle a: BA ~.ssuming yesterdays price of$4&34 BA 163 Pw 163 Confidential Treatment Requested under FOIA LAY-SEc.. 000000221 500,000 9,146,000 1,900,000 400,000