Message-ID: <21195840.1075862424937.JavaMail.evans@thyme> Date: Tue, 6 Nov 2001 07:34:09 -0800 (PST) From: james.saunders@enron.com To: a..howard@enron.com Subject: FW: Transwestern Fair Value Cc: tracy.geaccone@enron.com, rod.hayslett@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: tracy.geaccone@enron.com, rod.hayslett@enron.com X-From: Saunders, James X-To: Howard, Kevin A. X-cc: Geaccone, Tracy , Hayslett, Rod X-bcc: X-Folder: \TGEACCO (Non-Privileged)\Geaccone, Tracy\Inbox X-Origin: Geaccone-T X-FileName: TGEACCO (Non-Privileged).pst Fair Value is applied to plant and is being amortized over a useful life. TW Fair Value is very similar to Goodwill in that it represents an excess over book value, and is not formally being recoverd in rates; BUT at the time of the acquistion it was treated as a purchase price allocation an applied to plant. Goodwill is meant to be a "leftover" after all costs have been allocated. -----Original Message----- From: Geaccone, Tracy Sent: Tuesday, November 06, 2001 9:21 AM To: Saunders, James Subject: FW: Transwestern Fair Value ????? -----Original Message----- From: Howard, Kevin A. Sent: Tuesday, November 06, 2001 9:01 AM To: Geaccone, Tracy Subject: RE: Transwestern Fair Value Banks want to exclude goodwill. How would you explain the difference between the two? -------------------------- Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)