============= Page 1 of 10 ============= Ken and Linda Lay Balance Sheet Comparison April 30, 2000 Current Assets Marketable Investments Corn & Pref Stocks Executive Stock Options Bonds Mutual Funds Partnerships (Family)* Long Term Investments Retirement/Deferred Assets Personal Non Earning Assets Current Liabilities Long Term Liabilities 3/31/00 4/30/00 Variance 4,452,914 7,714,363 3,261,449 ENE Stock Option exercise, settlement 5/01/00 140,973,629 140,409,375 (564,254) ENE dec. $5.19 from pr. Mo.; CPQ inc. $2.50 from pr. Mo. 170,785,621 138,332,121 (32,453,500) 286,800 Stock Opt Exe; ENE dec. $5.19 from pr. Mo.; 236,075 236,075 - 16,196,568 16,034,627 (161,941) 56,755,703 52,072,573 (4,683,130) ENE dec. $5.19 from pr. Mo.: CPQ inc. $2.50 from pr. Mo. 34,414,974 35,323,798 908,824 MILAND purchase, Broadwing, Capricorn III Cap Call 61,317,162 57,877,594 (3,439,568) ENE dec. $5.19 from pr. Mo.; 2,332,727 2,560,985 228,258 Mercedes & Home Furnishings (64,386,322) (69,549,004) (5,162,682) 1999 Tax Payment, investments (bought stock @PW on margin) (120,512,632) (104,236,611) 16,276,021 Decrease. in Deferred Tax Liab. due to decrease stock opt.: Business Liabilities (176,487) (184,701) (8,214) NET WORTH $302,389,932 $ 276,591,195 (25,798,737) CONTINGENT LIABILITIES: Ken and Linda have guaranteed a mortgage in the amount of $900,000 maturing on January 1, 2014 with an interest rate of 6.88% at Bank of America for their daughter, Robyn Vermeil. This loan is collateralized by property appraised at $965,000 as of December 9, 1998. Ken has also guaranteed three unsecured notes in the amounts of $185,000.00 maturing on May 27, 2000 and $1,200,000 plus $150,000 maturing on June 25, 2000 (totaling $1,535,000) at an interest rate of 30-Day LIBOR +1.5% at Bank of America for his sister, Sharon Lay. * Value based on FMV of partnership assets. No discount for partnership Interest is shown. LAY-G39 0114 LBF002-00656 GOVERNMENT EXHIBIT 214 Crim. No. H-04-25 (S-2) ============= Page 2 of 10 ============= May 20, 2000 Kenneth L. & Linda P. Lay BALANCE SHEET ANALYSIS As of: April 30, 2000 Balance % of Total Assets % of Working Assets ASSETS CURRENT ASSETS Cash on Hand: CASH ON HAND/BJONES CASH ON HAND/SK CASH ON HAND/PSTOKES CASH ON HAND/MSTURGIS CASH ON HAND/LEONA Total Cash on Hand: Checking Accounts: BANK OF AMERICA 0707 BANK OF AMER/LPL PROP BANK OF AMER/STOKES VECTRA BANK UNITY 109-900 Total Checking Accounts: Money Market Accounts: WASHINGTON DC ACCT Total Money Market Accounts: Brokerage Accounts: CHARLES SCH-CAPROCK/SCH-CR GOLDMAN SACHS/GS-61 GOLDMAN SACHS/GS-42 PAINE WEBBER MMA/PW-KLL PAINE WEBBER CYPRESS/PW-98 PAINE WEBBER HB/PW-38 SANDERS MORRIS MMA/SMM-JT WATERHOUSE SEC-MMA/WSI Total Brokerage Accounts: Savings Accounts: 44.20 218.83 203.12 193.00 381.63 1,040.78 -46,687.88 -3,664.17 2,213.93 3,397.73 4,963.09 -39,777.30 .0% .0 .0% .0 .0% .0 .0% .0 .0% .0 .0% .0 .0% .0 .0% .0 .0% .0 .0% .0 .0% .0 .0% .0 90,000.00 .0% 90, 000.00 .0% 142,126.17 .0% 36,850.00 ,~ .0% 36,933.46 . aL• .0% 3,426,765.00 .8% -6,686.97 °~ .0% 35,717.11 .0% .98 .0% 1,041.43 .0% 3,672,747.18 .8% ENRON CREDIT UNIONIKLL e"" 44.55 .0% Total Savings Accounts: 44.55 .0% Treasury Bills: SAVINGS BONDS 2,400.00 .0% Total Treasury Bills: 2,400.00 .0% Short-term Receivables: ACCT RECV-TDH 410,000.00 .1% ACCT RECV-TDH (AVALON) 171,550.04 .0% ACCT RECV-MKL 190,278.26 .0% Page 1 0 0 .0 .0 .0 .8 .0 .0 .0 .0 .8 0 0 .0 .0 .1 .0 .0 LAY-G39 0115 LBF002-00657 ============= Page 3 of 10 ============= Kenneth L. & Linda P. Lay BALANCE SHEET ANALYSIS As of: April 30, 2000 ACCT RECV-RENT DEP (#1000) ACCT RECV-S. HOBBS ACCT RECV-D. HOBBS ACCT RECV-RRH ACCT RECV-RRH (DICKEY) ACCT RECV-BJONES ACCT RECV-RV ACCT RECV-JWALLS ACCT RECV-JAL ACCT RECV-E MCELROY ACCT RECV-RANDY GRAY ACCT RECV-Y2K ENERGY CO. Total Short-term Receivables: Balance 2,102.08 112,500.00 112, 500.00 20, 000.00 135,000.00 106, 859.92 84,643.00 957.12 7,878.89 4,350.00 60,00 0.00 I'll 0.000.00 2,529.119.31 of Total Assets .0% .0% .0% .0% .0% .0% .0% .0% .0% .0% .0% 6% Notes Receivable: FAM PTRNS ANNUITY-2/KLL FAM PTRNS ANNUITY-2/LPL Total Notes Receivable: TOTAL CURRENT ASSETS MARKETABLE INVESTMENTS Enron Corp. Common Stock Fayez Sarofim Mgmt.-Com Sanders Morris Mundy-Com Cypress Asset Mgmt.-Com. Goldman Sachs-Com Goldman Sachs-Internet Caprock Capital Advisors PaineWebber Core Hold. Harris Bretall Vested Exec Stock Options May 20, 2000 % of Worlane, Assets .0 .0 .0 .0 .0 .0 .0 .0 .0 0 0 730.081.17 .2% .2 728.707.10 .2% .2 1,458.788.27 .3% .3 7,714,362.79 1.7 1.7 S 110,629,700.02 10, 868,578.70 3,33 8,516.96 1,069,458.46 4,038,044.23 2,349,S75.66 1,548,076.40 886,086.712 2,886,482.22 769,553.65 138,332,120.79 Page 2 LAY-G39 0116 LBF002-00658 ============= Page 4 of 10 ============= Kenneth L. & Linda P. Lay BALANCE SHEET ANALYSIS As of: April 30, 2000 May 20, 2000 Balancee %o of Total Assets % of Workin- Assets DR RED DUKE INC 52,632 SHS 100,000.80 .0% .0 ECOUTLOOK,COM 50,000 SH 200,000.00 .0% .0 INDX SOFTWARE 18588/SMM-JT 50,001.72 .0% .0 NET EXPLOR P2,000SH/SMM-JT 100,000.00 .0% .0 OPENPLUS 7,500SH/SMM-JT 75,000.00 .0% .0 QUESTIA MEDIA 558,306 SH 1,500,000.73 .3% .3 Total Preferred Stocks: 2,025,003.25 .4% .5 Corporate Bond-Convertibi: LAKEWOOD SPORT CONV/SMM-JT 52,250.00 .0% .0 LAKEWOOD SPORT- 1/SMM-JT 52,250.00 .0% .0 LAKEWOOD SPRT CONV2/SIV[M-JT 30,041.00 .0% .0 EARTHCARE CO DEB/SMM-JT 100,000.00 .0% .0 EARTHCARE CO 1534SH/SMM-JT 1,534.00 .0% .0 Total Corporate Bond-Conveaibl: 236,075.00 .1% .1 Mutual Funds: GS 1999 EXCH FND/GS 7,361,955.65 1.6 1.6 MUNDER NET 14389SH/PW-94 998,021.04 .2% .2 PW STRATEGY FUND/PW-94 961,000.00 .2% .2 TCW SELECT EQUITIES FUND 1,383,492.36 .3% .3 TCW AGRESSIVE GRWTH/NB 891,304.20 .2% .2 TCW AGRESSIVE GROWTH/NB 762,786.44 .2% .2 TCW AGRESSIVE GROWTH 3/00 1,995,804.20 .4% .4 TCW SMALL GROWTH FUND 1,680,263.15 .4% .4 Total Mutual Funds: 16,034,627.04 3.6 3.6 Partnerships-other. KLL & LPL INVESTMENT PTRNS 50,753,148.00 11.3 11.3 KLL & LPL FAQ MY PTRNS 1,319,425.00 .3% .3 Total Partnerships-other. 52,072,573.00 11.6 11.6 TOTAL MARKETABLE INVESTMENTS 347,084,772.10 77.0 77.5 LONG-TERM INVESTMENTS Residence: %' REAL ESTATE/HUN INGDON 9,792,024.91 2.2 2.2 REAL ESTATE/LOOSCAN 1.290.970.27 .3% .3 Total Residence: 11,082,995.18 2.5 2.5 Page 3 Real Estate Other Homes: REAL ESTATE/ASPEN 2,863,697.02 .6% .6 REAL ESTATE/B-3431 447,544.79 .1% .1 REAL ESTATE/SPRING ST 5,262,740.19 1.2 1.2 PIRATES' COVE LOTS 299,742.66 .1% .1 REAL ESTATE/B-3429 695,917.34 .2% .2 LAY-G39 0117 LBF002-00659 ============= Page 5 of 10 ============= Kenneth L. & Linda P. Lay BALANCE SHEET ANALYSIS As of: April 30, 2000 May 20, 2000 a a % o f Total Assets % of Working Assets REAL ESTATEIB-3433 859,132.60 .2% .2 REAL ESTATE/REBA 492,639.61 .1% .1 REAL E STATE/C REEKS TONE LOT 1,679,069.25 .4% .4 REAL ESTATE/WESTGATE 283,195.50 .1% .1 REAL ESTATE/2514 AVALON 233,421.38 .1% .1 Total Real Estate Other Homes: 13,167,100.34 2.9 2.9 Real Estate Active Rental: REAL ESTATE/1741SR 147,309.00 .0% .0 REAL ESTATE/1852MAR 104,044.97 .0% .0 REAL ESTATE/1856MAR 173,048.67 .0% .0' REAL ESTATE/ 1918SR 243,231.08 .1% .l REAL ESTATE/KINGS 190,000.00 .0%0 .0 REAL ESTATE/VIKING 60.000.00 .0%'0 .0 REAL ESTATE/MEXICO MO 240,026.00 .1% .1 Total Real Estate Active Rental: 1,157,659.72 .3 ;% .3 Real Estate Passive: 13LENHEIM APARTS, LTD. 225,000.00 .0% .1 COLORADO OASIS LTD. 254,888.00 .1% 1 CREEKSTONE SOUTH RICE PTRS 300,000.00 .1% .1 LAKE CHARLES APTS., LTD. 240,000.00 .1 .1% JESTER APTS PARTNERS,LP 470,000.00 .1% .1 TRAILSIDE APTS, LTD. 500,000.00 .1 MILAND INVESTMENTS LLC 643,328.60 J.T.FAM,SR. INVEST., LTD. 289,080.00 .1% .1 W.E. TRADE INVESTMENT'S LTD 252,450.00 .1% .1 W.A.REHAUSENLOT INV LTD 118,561.00 .0% .0 Total Real Estate Passive: 3,293,307.60 .7% .7 Farming Interests: 1IACRES ILLINOIS 4,500.00 .0% .0 Total Farming Interests: 4,500.00 .0% .0 Other Investment Passive: BROADWING, LLC 100,000.00 .0%% .0 CAPRICORN INVESTORS II LP 574,349.00 .1% .1 CAPRICORN INVESTORS III 241,718.00 .1 .1% CARSON PRIV CAP EUROPE LP 1,050,000.00 .2% .2 CARSON LEGEND LP 250,000.00 .1 .1% CORPORATE OPPT FUND/SMM-JT. ' 264,000.00 .1 .1% DYMAXION APARTMENTS, LTD 22,422.00 .0% .0 CHAMPION L.L.C/SMM-JT 100,000.00 .0% .0 CON-EQUIP LLC/SMM-JT 100,000.00 .0% .0 CON-EQUIP II LLC/SMM-JT 43,600.00 .0% .0 Page 4 LAY-G39 0118 LBF002-00660 ============= Page 6 of 10 ============= May 20, 2000 Kenneth L. & Linda P. Lay BALANCE SHEET ANALYSIS As of: April 30, 2000 Balance % of Total A ssets % of Working Assets ENVIR OPP 500,000SH/SMM-JT 289,000.00 .1% .1 ENVIRON OPP FUND II/SMM-JT 107,600.00 .0% .0 HOUSTON NFL HOLDINGS 2.5% 2,500,000.00 .6% .6 KESTREL VENTURES, LLC 59,920.00 .0% .0 MV PTRNS-CYBER DIALOGUE 346,500.00 .1% .1 SANDERS OPPORT FUND/SMM-JT 538,500.00 .1% .1 USA CAFE LLC/SMM-JT 3 0.52 6.00 .0% 0 Total Other Investment-Passive: 6,618.235.00 1.5 I S TOTAL LONG-TERM INVESTMENTS 35,323.797.84 7.8 , > RETIREMENT/DEFERRED ASSETS IRA: PAINS WEBBER-IRA/KLL-PW 66.742.30 .0% .0 Total IRA: 66, 742.30 .0% .0 IRA/Spouse: PAINE WEBBER-1RA'LPL-PW 66,526.74 .0% .0 Total IRA/Spouse: 66, 826.74 .0% .0 Retirement Plan: ENRON-RETIREMENT 4,093,696.00 .9% .9 ENRON SAVINGS RO/PW401K 5,687,725.50 1.3 1.3 ENRON SAV RO MMA/PW401K 20,685.24 .0% .0 ENRON SCUD RO/PW-02 418,433.89 .1% .1 ENRON SAVINGS 401(K) 1,270,879.85 .3% .3 FID GROWTH CO 401(KyKLL 26,140.33 .0% .0 FID OTC 401(KyKLL 16,935.16 .0% .0 FID OVERSEAS 401(KYKLL 24,451.95 .0% .0 FID MAGELLAN 401(KYKI_L 61.206.92 .0% .0 MANULIFE ANN KLL/PW-R 3,211,975.00 .7% .7 MANULIFE ANN LPL/PW-R 2,266,644.02 .5% .5 Total Retirement Plan: 17,098,7/3.86 3.8 3.5 Deferred Compensat'n Plan: HNG PLAN-85 : 69,670.00 .0% .0 ENRON DEFERRED COMP-85 3,529,400.68 .8% .5 ENRON DEFERRED COMP-94 1,049,847.00 .2% .2 ENRON PHANTOM STOCK DEF 34,763,486.67 7.7 7.8 ELI LILLY DEFERRED COMP 1,232,846.60 .3% .3 Total Deferred Compensat'n Plan: 40,645,250.95 9.0 9.1 TOTAL RETIREMENT/DEFERRED ASSETS 57,877,593.85 12.8 12.9 TOTAL WORKING ASSETS 448,000,526.58 99.4 100.0 i , do o ~QaD? TouC a ' D~,ovS PERSONAL/NON-EARNING ASSET Automobile(s): ,3(-2 ~o coo Pale 5 LAY-G39 0119 LBF002-00661 ============= Page 7 of 10 ============= Kenneth L. & Linda P. Lay BALANCE SHEET ANALYSIS As of: April 30, 2000 Balance % of Total As sets 90 JEEP WRANGLER 6,825.00 .0% 92 4WD JEEP CHEROKEE 11,750.00 .0'%, 93 MERCEDES 600SL 63,975.00 .0% 95 LT SUBURBAN CHEVY 21,365.22 .0% 96 RANGE ROVER 43,525.00 .0% 99 MERCEDES ML430 52,693.33 .0% 97 SUBURBAN CHEVY 29,893.30 .0% 00 MERCEDES S500V 98,701.59 .0% 00 MERCEDES ML55 73,348.19 .0% 00 MERCEDES 0500 LWB 149,176.18 .0% 00 YELLOW JEEP WRANGLER 23,259.26 .0% 00 SILVER JEEP WRANGLER 23,303.14 .0°,/0 00 RED JEEP WRANGLER 22.450.70 .0% Total Automobile(s): 620,265.91 .10/0 Home Furnishings: HOME FURNISHINGS/HUNT 1,142,14 7.66 .3% HOME FURNISENGS/LOOSCAN 42,025.59 .0% HOME FURNISHINGS/ASPEN 138,984.11 .0% HOME FURNISHINGS/B-3431 163,984.20 .0% HOME FURNISHINGS/B-3429 80,833.15 .0% HOME FURNISHINGSB-3433 93,818.41 .0% HOME FURNISHINGS/SPRING 158,863.51 .0% Total Home Furnishings: 1, 820, 65 6.63 .4% Other Vehicles & Equip: BW 21' OUTRAGE BOAT 49,327.00 .0% DUFFY 18' ELECTRIC BOAT 14,131.25 .0% HURRICANE 19' 22,695.14 .0% SPIRIT CANOE 406.43 .0% SUPER SPORT BOAT 1997 33,502.74 .0% Total Other Vehicles & Equip: 120,062.56 .0% TOTAL PERSONAL/NON-EARNING ASSET 2,560,985.10 .6% TOTAL ASSETS 450,561,511.68 100.0 LIABILITIES CURRENT LIABILITIES Credit Cards: AMER. EXPRESS/RL AMERICAN EXPRESS MASTERCARD 5551 NEIMAN MARCUS 1314 NEIMAN MARCUS 7487 VISA GOLD 4151 -26,018.06 -41,495.95 4,272.72 -46,658.66 -213.57 5,244.87 Page 6 May 20, 2000 o f Working Assets .0% .0 .0% .0 .0% .0 .0% .0 .0% .0 .0% .0 LAY-G39 0120 3F002-00662 ============= Page 8 of 10 ============= May 20, 2000 Kenneth L. & Linda P. Lay w J~ BALANCE SHEET ANALYSIS r As of: April 30, 2000 Balance % of Total Assets % of Worldna Assets Total Credit Cards: -104,868.65 .0% .0 Notes Payable: CHASE BANK LOC 6,867,000.00 1.5 1.5 COMPASS BANK LOC 5,689,871.12 1.3 1.3 ENRON CORP. LOAN 3,600,000.0 0 1 .8% .8 BANK OF AMER$37.5MNON 2 ,, =3~?34999-56)~+~~~1,.4 7.4 PAINE WEBB ER-LOC/PW-97 15,181,312.12 + 2 5'uof Do0 3.4 3.4 ACCT PAYABLE (ST)-ENRON 253,962.65 L~r Spy oW) .1% .1 Total Notes Payable: 64,827,145.45 i ----74.4 14.5 v Security Deposits: SEC DEPOSIT/Z- 1918SR 1,550.20 .0 SEC DEPOSIT/Z-1856MAR 125.00 .0%a .0 SEC DEPOSIT/Z-MCDUF 150.00 .0% .0 Total Security Deposits: 1,825.20 .0% .0 Margin Acct Liability. PANE WEBBER MARGIN/PW-99 1,569,131.72 .3% .4 PAINS WEBBER MARGINIPW-94 3,255,770.28 .7% .7 Total Margin Acct Liability: 4,824,902.00 1.1 1.1 TOTAL CURRENT LIABILITIES 69,549,004.00 15.4 15.5 LONG-TERM LIABILITIES Home Mortgage: BANK OF AMER/LOOSCAN 623,407.55 .1% .1 BANK OF AMER/HUNTINGDON 4,406,420.31 1.0 1.0 BANK OF AMER/HUNT #2 LIEN 494,539.79 .1% .1 BANK OF AMER/HUNT #3 LIEN 495,520.27 .1% .1 Total Home Mortgage: 6,019,887.92 1.3 1.3 Other Real Estate Mtge: BANK OF AMER/ASPEN 1,525,267.39 .3% .3 CITICORP MORTGAGE/B-3431 202,233.17 .0% .0 BANK OF AMER/LOTS - 101,153.24 .0% .0 BANK OF AMER/B-3429 244, 807.62 .1% .1 BANK OF AMERIB-3433 530,628.32 .1% .i BANK OF AMER/REBA 322,660.73 .1% .1 BANK OF AMER/2514 AVALON 225,000.00 .0% .1 BANK OF AMER/CREEKSTONE 1,200,000.00 .3% .3 BANK OF AM/SPRING ST 4,308.919.39 1.0 1.0 Total Other Real Estate Mtge: 8,660,669.86 1.9 1.9 Investment Liabilities: BANK OF AMER/WESTGATE LOT 191,250.00 .0 .0 LAY-G39 0121 Page 7 q, 25 `6, D D LBF002-00663 ============= Page 9 of 10 ============= Kenneth L. & Linda P. Lav BALANCE SHEET ANALYSIS As of: April 30, 2000 Balance % of Total Assets BK OF AM/CREDIT FACILITY 2,500,000.00 .6% Total Investment Liabilities: 2.691,250.00 .6% Deferred Tax Liabilities: DEF TAX LIAB-STK OPT ONLY Total Deferred Tax Liabilities: TOTAL LONG-TERM LIABILITIES BUSINESS LIABILITIES Employer Taxes/Bus: FICA WITHHELD-EE (TX) FICA WITHHELD-LPL ER(TX) FIT WITHHELD-EE (TX) FIT WITHHELD-LPL EE(TX) SIT WITHHELD-EE (MO) SIT WITHHELD-EE (HH-CO) Total Employer Taxes/Bus: Accrued FICA Tax/Business: FICA PAYABLE-ER (TX) FICA PAYABLE-LPL ER(TX) Total Accrued FICA Tax/Business: TOTAL BUSINESS LIABILITIES TOTAL LIABILITIES NET WORTH TOTAL NET WORTH TOTAL LIABILITIES AND NET WORTH Nlav 20, 2000 of Worldn- Assets .6 .6 86.864, 803.60 19.3 19.4 86,864,803.60 19.3 19.4 104,236,611.38 23.1 23.3 41,202-90 .0% .0 5,32 7.76 .09/0 .0 82.052.62 .0% .0 9,068.00 .0% .0 355.20 .090 .0 162.00 .0% .0 138.168.48 .0% .0 41, 204.77 .00/0 .0 5,327.76 .0% .0 46,532.53 .0% .0 184,701.01 .0% .0 173,970,316.39 38.6 38.8 276.59 1,195.29 61.4 61.7 450,561.511.68 100.0 r i Dp'K LAY-G39 0122 Page 8 LBF002-00664 ============= Page 10 of 10 ============= LAY-G39 0123 LBF002-00665