C'ollaler-al Valuation - Summary StocA I'a-ice Assumptions as of 5-Sep-01 I Enrosi S32.36 Compaq $10.41 Eli Lilly $79.30 BA Chase Corn ass FU Total 80.0% 80.0% 80.0% 70.0% Original LOC Outstanding Current LIV Mkt Val. Collateral Collateral Req. Excess (Deficit) $40,000,000 $2,579,392 36.3% $7,098,961 53.224.240 $3,874,721 SI 5,000,00(J $2,089,000 69.6% $3,001,645 $2.61 1.250 $390,395 S 10 .000 .000 $3,489,871 56.1% $6,224,002 $3.1 79.202 $10,083,697 Sl8,24l,960 73.1% $13,800,000 $30, 124,608 $9.0 14.692 $4,265,116 $s,otJo,000 78.8% $6.14 8,838 Th25('.QQQ 98,838 Borrowing Poweri 9~3,~9~.fl;fl ~., ~r ~$I?AI~'I2'.' ~~LI~A~U ~ . ;I0l,424 I (Jziginal LOC Outstanding Available Li.ue( Enromi Conapaq Eli Lilly EOU TCw $750,000 $0 $I,000,000 $0 $500,000 $0 $0 $2,250,000 $0 $0 $750,000 S 1,000,000 $500,000 SO . $2,250,000 1000% 100.0% $5,351,424 $27,241 ,96t1 1000% * Compass LOC has ~U% LiE on all liquid assets held as collweral; the except ion is the Sanders' account wlijcle consists of alla quid assets thai Compass offers the lesser of iO% LII' or $l,nm IJ)C_tJtO9O5 111812062 r GOVERNMENT EXHIBIT 24230 Cnn, No. H 04-0025 LTV 80.0% 0m Ni'? C -, 'U o.-4 Allocation of Collateral for Secured LOC BA Chase Corn ass EU 50% 93.1% 70.7% 48.7% 6.9% 0.0% 00% 0.0% 29.3% diversified 0.0% 0.0% 0.0% 0.0'/. 0.0% 0.0/o I Collule,-rzl Valuation - Suinnaary Stock I'riceAssunaptions as of 5-Sep-ill FOIT $19.95 Ea,roii $32.36 iCW - ScIeci $15.18 Coaiipaq $10.41 TCW - Aggr. $11.12 Lila Lilly $79.80 ICW - Small $17.22 ITV Oiigiiial [OC OutstandIng current i;rv Mkt Val. Collateral Collateral Req Excess (I)eticil) Borrowing roweri Lisiroit Compaq Eli Lilly LiOll .1.Cw I BA I Compass I Eli I Total 80.0% 80.0% 70.0% SI 0,000,4100 $6,973,000 87.5% 57,968.050 58.7 16.250 ($748,200) S 1,000,000 $670,000 82.8% 5809,000 ($28,500) $2,000,000 52,190,352 62.4% $3,512,587 163,366 ($21$,5p0)I . .~ I~,366 I 100.0% 100.0% 513,000,000 $9,833,352 512,289,637 $9.55) .750 ($613,334) ($~13 .334 II LOU_010905 81H/2002 AJP KLL Total all $2,523,500 $12,156,852 ftC -c C -, C.- C~. a "3 0m Wg~& Allocatia,, of Collateral [IA Corn ass FIJ 24.4% 100.0% 14.8% (1.0% 20.3% 0.0'~'. diversified 1.3% 00% 39.4% 0.0% Collateral Valuation Bank of America ~Swck Price o.ssu~npdons 5-Sep-01 Enron S32.36 TOW'. Select SISIS Compaq 510.41 TCW - Agcr. $11.12 Eli Lilly S79.80 TCW - Small SV7.22 EOTT 519.95 ODD. rsonai~ *ne r~edI net. . in J~J! Outstanding Loan Balance S2.579.392 Enron Corp. 112,490 53.640176 Compaq Computer 322,256 Torai Market Value of Collateral 57.098.961 Less: Collateral Required (80% LTV) 3623% $3,224,240 Excess (Deficit) Collateral $3,874,721 Borrowing Power $3,099,777 Available to Borrow 53.099,777 nr z sea rd Outstanding Loan Balance S6.973.000 Collateral Pledged Shares Value Compaq 113,064 51,176.996 Eli Lilly & Co. 20,220 51.613,556 EOfl Energy Parmers 5,000 599.750 TCW Galileo Select Equities 131,738 51.999,783 TOW Galileo Aggressive Growth 37,949 5421,993 TCW Small Cap Growth 41,485 5714,372 Enron Corp. (includes additional 25.000 shares) 60,000 1.941,600 Total Market Value of Collateral S7,968.050 Less: Collateral Required (LTV 80%) 87.51% 58,716,250 Excess (Deficit) Collateral (S748.200) Borrowing Power SO Available to Borrow $0 LOC..0 10905 8/8(2002 Lonr&dcn:5ai Treaunefil Rraiu~Std under FOIA LAY-SEC-i 000000259 51 .3% 48.7% 100.0% 14,8% 20.3% 1.3% 25.1% 5.3% 9.0% 244% 100.0% Collateral Valuation Bank of Amerwa I ft Outstanding Loan Balance 55.000.00W Collateral Pied ed Shares Value Enron Corp. 196,194 S6.348,338 Compaq Computer Tor.al Market Value of Collateral S6.348.838 Less: Collateral Required (80% LTV) 73.3% S6.250.000 Excess (Deficit) Collateral 598.838 Borrowing Power 579.070 Available to Borrow 579.070 5750.000 Line of Credit (Unsecured) LJN/0 Kennetb L. & Linda P. Lay Outstanding Loan Balance LOC0~O905 8/8/2002 so Con~identaag Tetament Requested under FOXA LAY-SEC-i 000000260 1000/a 00,.o Collateral Valuation Chase 5-Sep-01 Stock Price ASSUmpUOnS I Enron $32.36 Com~a~ $10.41 $15.0 Million Non Purpose Credit Line STOCK Symbol Certif. No. Enron Corp ENE Chase Acct Enron Corp ENE Chase ACCt Total ENE Shares 3.936 82.388 86.324 Value S 17.369 j~~jO76 s :.93,445 Ownership I Personal Personal 92. % CPQ BB125523 *.......Q~Q00 S :08:00 Personal Total CPQ 20.000 S 08.200 6.9% Total Value of Collateral 5 3.001.645 LTV 80% AVARABLE BALANCE S2.2SL233. Funded (S2.089.000~ REMAINING BALANCE S1(r2~23~- Confldenijai Treament Hequessed under FOIA L,0 C..0 10905 8/8/2002 LAY-SEC-i 000000261 Compaq Collateral Valuation Compass 5.Se p-Cl ~PriceAssum~tion ~EnronS32.36I ~ $10.0 Million Non Purpose Credit Line Symbol Certif. No. Shares Ownershipj LLY FC24922 LLY CNY1S3BO Total LLY Enron Corp Enron Corp Enron Corp Enron Corp-Split Enron Corp Enron Corp-Split Enron Corp Enron Corp ENE ENS ENE ENS ENS ENS ENS ENS HC1 19322 HC1192B5 HC1 19286 HC1 64652 HC119359 HC164653 HC119360 HC1 27094 Total ENE 7,690 22.052 1,751 1,751 4,521 4,521 7,792 9 4.40 59,518 TOTAL LTV Personal Personal Personal Personal Personal Personal Personal _____ Personal 1,926,002 $ 2,724,002 80% AVAILABLE BALANCE S2J79.20 Funded ~XS'~89~8~ REMAINING BALANCE (Sl,310.669) 70 .70/c AddItional Collateral ~Sanders Moms friams (300/c LTV. capoed at $1000000) Total S 3,500,000 LTV 300/. AVAILABLE BALANCE $ 1,000,000 Funded - - ~S0'. REMAINING BALANCE S1.000.000. Con~jen11~j Treamen, I~equesIed under POIA t~OC0 10905 8/812002 LAY-SEC-i 000000262 STOCK Eli Lilly Eli Lilly 5.000 5 000 10,000 Personal Personal 798,000 29.3% Personal - Secured LOC ($000) Enron LOG Pw BA Chase Compass Total 500 3,100 312 (311) 3,601 Personal - Unsecured LOC ($000) BA 1,000 Chase 1,000 Cozn,ass 500 Total 2.500 Parrnershq - LOC ($000) Now BA* PW 7 (increasing from S750,000; should be effecnve next week) (increasing from S750,000; should be effective next week) 257 (additional collateral should be in place early next week) waiting for the dust to clear but it is positive 257 at least this much When shares settle at BA assuming yesterdays pnce of$4&34 BA* (748) PW (748) Coflfld,ti,I,g TreaMent Requcs~e~ Under FOIA ~Y-SEC-1 0O0000263 500,000 9,146,000 1,900,000 400,000