Message-ID: <19316091.1075853101921.JavaMail.evans@thyme> Date: Mon, 15 Oct 2001 10:29:39 -0700 (PDT) From: mary.fischer@enron.com To: nicole.white@enron.com Subject: Sale of S02 credits Cc: facundo.caminos@enron.com, jeff.herrold@enron.com, john.swafford@enron.com, eloise.williams@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: facundo.caminos@enron.com, jeff.herrold@enron.com, john.swafford@enron.com, eloise.williams@enron.com X-From: Fischer, Mary X-To: White, Nicole X-cc: Caminos, Facundo , Herrold, Jeff , Swafford, John , Williams, Eloise X-bcc: X-Folder: \MFISCHER (Non-Privileged)\Fischer, Mary\Sent Items X-Origin: Fischer-M X-FileName: MFISCHER (Non-Privileged).pst Nicole, After thinking about our conversation this morning I don't think that we are on the same page. I am looking for a sale of S02 credits that were sold by 33R but were held in inventory on 33Q. Eloise Williams sent an e-mail to Jeff Herrold saying that an entry was made to the following accounts on 33Q: Debit to 1999995 Cash $138,475,829.50 Credit to 4500000 Other Commodity - Third Party $138,475,829.50 My question is was the sale reclassed to 30R by the following entry: 33Q Debit to 450160000 Financial Settlements - Intercompany $151,404,038.50 Credit to 20023000 Accts Rec/Payable Non Trade - Interco $151,404,038.50 33R Debit to 20023000 Accts Rec/Payable Non Trade - Interco $151,404,038.50 Credit to 450160000 Financial Settlements - Intercompany $151,404,038.50 If so what else makes up the $151,404,038.50? My next question is what is the cost of the inventory that went to cost of sales for the sale of $138,475,829.50 S02 credits? What was the entry that recorded the amount into cost of sales? If you could get back to me as soon as possible, I would greatly appreciate it. Mary