Message-ID: <5152235.1075855869331.JavaMail.evans@thyme> Date: Mon, 26 Jun 2000 06:54:00 -0700 (PDT) From: michael.moscoso@enron.com To: brent.price@enron.com, steve.jackson@enron.com, jeffrey.gossett@enron.com, susan.harrison@enron.com, william.kelly@enron.com, dutch.quigley@enron.com, brenda.herod@enron.com, david.baumbach@enron.com, kristin.albrecht@enron.com, stacey.white@enron.com, scott.earnest@enron.com, mark.fondren@enron.com, matt.brown@enron.com, john.jacobsen@enron.com, robert.richard@enron.com, sheila.glover@enron.com, timothy.norton@enron.com, clara.carrington@enron.com, aneela.charania@enron.com, matthew.lippert@enron.com, dart.arnaez@enron.com, sarah.smith@enron.com, martha.stevens@enron.com, mary.thambiah@enron.com, hugo.moreira@enron.com, james.new@enron.com, mason.hamlin@enron.com, eric.groves@enron.com, kathy.reeves@enron.com, peggy.hedstrom@enron.com Subject: Quarter-end DPR Process Cc: sally.beck@enron.com, shona.wilson@enron.com, eugenio.perez@enron.com, chris.abel@enron.com, michael.benien@enron.com, ted.murphy@enron.com, vladimir.gorny@enron.com, bjorn.hagelmann@enron.com, minal.dalia@enron.com, sunil.dalal@enron.com, rebecca.phillips@enron.com, rebecca.phillips@enron.com, john.lavorato@enron.com, john.sherriff@enron.com, jeffrey.shankman@enron.com, greg.whalley@enron.com, wes.colwell@enron.com, georgeanne.hodges@enron.com, mark.frank@enron.com, faith.killen@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: sally.beck@enron.com, shona.wilson@enron.com, eugenio.perez@enron.com, chris.abel@enron.com, michael.benien@enron.com, ted.murphy@enron.com, vladimir.gorny@enron.com, bjorn.hagelmann@enron.com, minal.dalia@enron.com, sunil.dalal@enron.com, rebecca.phillips@enron.com, rebecca.phillips@enron.com, john.lavorato@enron.com, john.sherriff@enron.com, jeffrey.shankman@enron.com, greg.whalley@enron.com, wes.colwell@enron.com, georgeanne.hodges@enron.com, mark.frank@enron.com, faith.killen@enron.com X-From: Michael E Moscoso X-To: Brent A Price, Steve Jackson, Jeffrey C Gossett, Susan Harrison, William Kelly, Dutch Quigley, Brenda F Herod, David Baumbach, Kristin Albrecht, Stacey W White, Scott Earnest, Mark Fondren, Matt A Brown, John Jacobsen, Robert Richard, Sheila Glover, Timothy M Norton, Clara Carrington, Aneela Charania, Matthew Lippert, Dart Arnaez, Sarah Smith, Martha Stevens, Mary Thambiah, Hugo Moreira, James New, Mason Hamlin, Eric Groves, Kathy Reeves, Peggy Hedstrom X-cc: Sally Beck, Shona Wilson, Eugenio Perez, Chris Abel, Michael Benien, Ted Murphy, Vladimir Gorny, Bjorn Hagelmann, Minal Dalia, Sunil Dalal, Rebecca Phillips, Rebecca Phillips, John J Lavorato, John Sherriff, Jeffrey A Shankman, Greg Whalley, Wes Colwell, Georgeanne Hodges, Mark Frank, Faith Killen X-bcc: X-Folder: \Sally_Beck_Dec2000\Notes Folders\Dpr X-Origin: Beck-S X-FileName: sbeck.nsf Due to the 4th of July holiday, we have an unusual quarter-end situation on our hands. Here are some of the facts: Enron in Houston is closed on both Monday and Tuesday, July 3rd and 4th. The NYMEX is closed both days as well. Equity markets are closed on Tuesday, July 4th but are open on Monday, July 3rd. Enron Europe is open for business on both days. Technically, the first work day following the month-end is Wednesday, July 5th for the Houston office. Given the facts above, the following will be the month-end process: QUARTER-END PROCESS: Final quarter-end information is due to my team by 5 PM on Wednesday, July 5th. No adjustments < $250,000 will be processed after 5 PM on Wednesday. Adjustments > $250,000 require approval from John Lavorato or John Sherriff. A final DPR for the quarter ended June 30, 2000 will be issued by approximately noon on Thursday, July 6. JULY DPR REPORTING: NO DPR will be issued dated July 3, 2000. For divisions reporting P&L for July 3rd and/or July 4th, a "Special DPR" will be issued on July 5th. This "Special DPR" will not have a year-to-date column. This is due to the fact that quarter-end information will not be completed prior to issuing the "Special DPR". For consolidated DPR purposes, July 3rd and July 4th will be combined and reported as one day. These combined days will be reported as July 4th. Please report each of these days separately. Once the final quarter-end DPR is completed, the regular DPRs for July business will be updated and reported, replacing any "Special DPRs" previously reported. This process is necessary to enable reporting of current daily information until the final quarter-end DPR is finalized. Please contact me at extension 35242 or Chris Abel at extension 33102 if you have any questions. As always, your cooperation in executing this month-end process is greatly appreciated