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

ENRON CORP.
Table I - Earnings Summary
(Unaudited: in millions, except per share data)

EXH010-01316

Revenues

Transportation and Distribution

  Quarter Ended Six Months Ended
June 30, June 30,
  2001 2000 2001 2000

Transportation Services $	150 $	166 $	396 $	372
Portland General	831	431	1,598	828
Wholesale Services	48,478	15,967	96,984	28,296
Retail Energy Services (a)	557	420	1,250	734
Broadband Services	16	151	99	210
Corporate and Other (including intercompany eliminations)	28	(249)	(138)	(409)
Total Revenues $	50,060 $	16,886 $	100,189 $	30,031

After tax results

Net income excluding nonrecurring items $ 404 $ 289 $ 810 $ 627
Non-recurring item:
  Cumulative effect of accounting changes - - 19 -
Net income $ 404 $ 289 $ 829 $ 627
Earnings per share (diluted) (b)

EPS (diluted) excluding nonrecurring items

Non-recurring item:
Cumulative effect of accounting changes
EPS (diluted)

Average shares outstanding (diluted) (b)

$ 0.45 $ 0.34 $ 0.92 $ 0.73

  - - 0.02 -
$ 0.45 $ 0.34 $ 0.94 $ 0.73

  891.1 862.2 881.5 857.0

(a) See Table 3b, note b.
(b) The Second Preferred Stock and the Series B Preferred Stock are both dilutive in the
first two quarters of 2000 and 2001. The average number of diluted shares outstanding
reflect the impact of equity-related commitments that would be dilutive if funded at Enron's
current share price. These commitments begin to settle in 2003.

GOVERNMENT
EXHIBIT
  1016
  Crim. No. H-04-25 (S-2)