tailieunhanh - Enron Annual Report 2000

Note 16 from Enron’s 2000 Annual Report. Can anyone explain to me what all this gobblty gook means as it relates to Enron and how this nonsense impacts Enron? It’s total nonsense. Do you see that when Enron chose to be, it could be a “Black Box”, hiding in plain sight, and keeping analysts and the investing public totally in the dark about its Related Party Transactions? Where, in the Notes to the Financials, does it clear | Enron Annual Report 2000 Enron Annual Report 2000 Enron manages efficient flexible networks to reliably deliver physical products at predictable prices. In 2000 Enron used its networks to deliver a record amount of physical natural gas electricity bandwidth capacity and other products. With our networks we can significantly expand our existing businesses while extending our services to new markets with enormous potential for growth. Contents 1 1 FINANCIAL HIGHLIGHTS Ị 2 LETTER TO SHAREHOLDERS Ị 9 ENRON WHOLESALE SERVICES l4 ENRON ENERGY SERVICES l6 ENRON BROADBAND SERVICES 18 ENRON TRANSPORTATION SERVICES 20 FINANCIAL REVIEW 53 OUR VALUES 54 BOARD OF DIRECTORS 56 ENRON CORPORATE POLICY COMMITTEE 56 SHAREHOLDER INFORMATION FINANCIAL HIGHLIGHTS 1 266 97 98 in billions REVENUES OPERATING RESULTS 500 One Year Five Years Ten Years S P 500 CUMULATIVE TOTAL RETURN through December 31 2000 99 00 Earnings Per Diluted Share in dollars 99 00 Income in millions ENRON ANNUAL REPORT 2000 Unaudited in millions except per share data 2000 1999 1998 1997 1996 Revenues 100 789 40 112 31 260 20 273 13 289 Net income Operating results 1 266 957 698 515 493 Items impacting comparability 287 64 5 410 91 Total 1 979 893 703 105 584 Earnings per diluted common share Operating results Items impacting comparability Total Dividends paid per common share Total assets 65 503 33 381 29 350 22 552 16 137 Cash from operating activities excluding working capital 3 010 2 228 1 873 276 742 Capital expenditures and equity investments 3 314 3 085 3 564 2 092 1 483 NYSE price range High 90 9 e 44 7 29 34 22 94 6 23 34 Low 41 34 28 34 19 14 17 142 17 54 Close December 31 83 1 44 34 28 3 2 20 25 2 21 94 - 500