============= Page 1 of 9 ============= Ken and Linda Lay Balance Sheet Comparison December 31, 1999 Current Assets 11/30/99 4,058,890 12131/99 3,618,176 Variance (440,714) Add'I monies invested by CAPROCK Marketable Investments Com & Pref Stocks 69,926,613 78,779,765 8,853,152 ENE inc. $6.3125 & CPQ inc $2.625/sh from pr mo; 30,000 sh ENE gifted Executive Stock Options 71,884,683 109,035,961 37,151,278 ENE inc. $6.3125 & CPQ '~ inc $2.625/sh from pr mo; Add'I vesting of ENE Bonds 234,541 234,541 - Mutual Funds 8,256,344 10,975,787 2,719,443 New Strategy & TCW Agress Partnerships (Family)* 21,837,632 32,086,491 10,248,859 ENE inc. $6.3125 ; Add'I vesting of ENE Long Term Investments 30,744,753 31,035,911 291,158 Huntingdon,Carson Europe- $200,000 Capital Call Retirement Deferred Assets 12,842,875 14,738,837 1,895,962 Personal Non Earning Assets 1,911,643 1,968,774 57,131 Current Liabilities (50,023,014) (53,808,440) (3,785,426) Borrowing for expenses & new investments Long Term Liabilities (50,228,074) (74,025,016) (23,796,942) Increase, in Deferred Tax Liab due to increase stock opt. Business Liabilities (134,456) (148,667) (14,211) NET WORTH $121,312,430 $ 154,492,120 33,179,690 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 two unsecured notes in the amounts of $185,000.00 maturing on May 27, 2000 and $1,200,000 maturing on June 25, 2000-both with an interest rate of 30-Day LIBOR (Daily floating rate) 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 0152 LBF002-00619 GOVERNMENT EXHIBIT 210 Crim. No. H-04-25 (S-2) ============= Page 2 of 9 ============= January 21, 2000 Kenneth L. & Linda P. Lay BALANCE SHEET ANALYSIS As of: December 31, 1999 Balance % of Total Assets % o f Worldng Assets ASSETS CURRENT ASSETS Cash on Hand: CASH ON HAND/SK 100.09 .0% .0% CASH ON HAND/PSTOKES 512.53 .0% .0% CASH ON HAND/MSTURGIS 186.82 .0% .0% CASH ON HAND/LEONA 381.63 .0% .0% Total Cash on Hand 1,181.07 .0% .0° o Checking Accounts: BANK OF AMERICA 0707 28.931.63 .0° o .0° BANK OF AMER/CONTRIBUTIONS 311.39 .0% .0",'0 BANK OF AMER/LPL PROP 1,225.41 .0% V r) BANK OF AMER/STOKES 2,928.46 .0% .0(!/ VECTRA BANK 3.52 7.43 .0% .0% UNITY 109-900 2,051.31 .0% .0% Total Checking Accounts: 38,975.63 Money Market Accounts: DIVIDEND REINV ACCT 24.75 .0% .0°,0 WASHINGTON DC ACCT 90,000.00 .0% .0% Total Money Market Accounts: 90,024.75 .0% .0% Brokerage Accounts: CHARLES SCH-CAPROCK/SCH-CR 476,271.73 .2% .2% CHARLES SCH-CYPRESS/SCH 2,483.17 .0% .0% GOLDMAN SACHS/GS-61 117,001.23 .0% .0°,/0 GOLDMAN SACHS/GS-42 21,308.49 .0% .0% PAINE WEBBER MMA/PW-KLL 11.87 .0% .0% PAINE WEBBER CYPRESS/PW-98 6,786.09 .0% .0% PAINE WEBBER MMA/PW-94 44,438.79 .0% .0% SANDERS MORRIS MMA/SMM-JT 12,119.49 .0% .0% SANDERS MORRIS MMA/S1MM-KLL 22.07 .0% .0% WATERHOUSE SEC-MMA/WSI 1,025.44 .0% .0% Total Brokerage Accounts: 681,468.37 .2% .2% Savings Accounts: ENRON CREDIT UNION/KLL 44.26 .0% .0% Total Savings Accounts: 44.26 .0% .0% Treasury Bills: SAVINGS BONDS 2.400.00 .0% .0% Total Treasury Bills: 2,400.00 .0% .0% Short-term Receivables: < Page 1 > LAY-G39 0153 LBF002-00620 ============= Page 3 of 9 ============= Kenneth L. & Linda P. Lay BALANCE SHEET ANALYSIS As of: December 31, 1999 ACCT RECV-TDH ACCT RECV-TDH (AVALON) ACCT RECV-MKL ACCT RECV-RENT DEP (m 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 Total Short-term Receivables: Balance 410.000.00 171,550.04 190,278.26 2,102.08 112,500.00 112,500.00 20.000.00 135,000.00 108.075.07 51.463.84 2.895.96 22.878.89 6.050.00 1.345.294.14 % of Total Assets 1°/0 .100 .100 .00/, .000 .0% .0% .000 .0% 0.0 .004, .0041 .00 n Notes Receivable: FAM PTRNS ANLNLTTY-2!KLL F.AM PTRNS AiNti-JITY-2!LPL Total Notes Receivable: TOTAL CURRENT ASSETS MARKETABLE INVESTMENTS Enron Corp. Common Stock Fayez Sarofirn Mgmt.-Corn Sanders Morris Mundy-Corn Cypress Asset Mgmt.-Corn Goldman Sachs-Com Goldman Sachs-Internet Caprock Capital Advisors Paine Webber Managed: AZLJRLX CORD 10,000SH/PW-94 MA1NULIFE N AMER-ANN/PW-94 Total Paine WebberManaged 730.081.17 728.707.10 1.458.788.27 3,618,176.49 S 51,538,633.85 10,592,694.33 3,256,326.50 1.462,520.83 3,315.731.37 2,267,299.65 1,758.795.71 545,13 0.65 39,380.00 3,223,250.00 3,317,630.00 .3% .304, 5 %'% 1.3% .0% 1.10/0 1.2°%•0 January 21, 2000 % of Working Assets 1Oo 1% 1% 00./0 .004, .0 .000 .0 0 4, .0': 0 .0% 0". , 30% 3°n .5% 1.3% .0% 1.2% 1.2% Vested Exec Stock Options: CPQ ESO 4-97 5000SH (98) 55,162.50 .00,0 .0% CPQ ESO 4-97 25000SH (99) 275,812.50 .1% .10'0 CPQ ESO 4-97 4370SH 33.215.73 .00,/0 .00./0 CPQ ESO 4-98 2,424 SHS 30,596.94 .00,/0 .0% ENE ESO 2-93 100.000 SHS 3.078,500.00 1.10,'0 1.1% E`1E ESO 2-94 168.000 SHS 4,641,000.00 1.6% 1.7% ENE ESO 2-94 1,300.000SHS 49.275,000.00 17.4% 17.6% ENE ESO 12-94 180.560 SHS 5,253.310.00 1.90.'0 1.9% < Page 2 > LAY-G39 0154 LBF002-00621 ============= Page 4 of 9 ============= Kenneth L. & Linda P. Lay BALANCE SHEET ANALYSIS As of: December 31, 1999 January 21, 2000 Balance % of Total Assets % of Working .Assets ENE ESO 12-94 84,670 SHS 2,466,013.75 .9% .9% ENE ESO 12-95 203.140SHS 5,142,489.10 1.8% 1.8% ENE ESO 1-96 147,700 SHS 3,839,461.50 1.4% 1.4% ENE ESO 12-96 118,620 SHS 2,706,315.30 1.0% 1.0% ENE ESO 1-97 113,090 SHS 2,502.116.25 .9% .9°0 ENE ESO 1-97 935,000 SHS 21,210,475.00 7.5% 7.6% ENE ESO 1-98 63,592 SHS 1,546.239.48 .5% .6% ENE ESO 12-98 295,326 SHS 4,679.440.47 1.7% 1.70,'0 ENE ESO 12-99 312,500 SHS 2.245.312.50 .3".•% .890 Total Vested Exec Stock Options: 109,035,961.02 38.611,/a 38.9% Preferred Stocks: INDX SOFTWARE 18588/SMN[-JT 50.001.72 .0% .0% NET EXPLOR P2,000SH/SMM-JT 100.000.00 .0°0 .0% OPENPLUS 7,500SH/SMV[-JT 75.000.00 .0% .0% Total Preferred Stocks: 225.001.72 .1 % .1 % Corporate Bond-Convertibl: LAKEWOOD SPORT CONV/SMM-JT 5-2.25 0.00 .0% .0",0 LAKEWOOD SPORT- 1/SHIN[-JT 52,250.00 .0% .0% LAKEWOOD SPRT CONV2/SMM-JT 30,041.00 .0% .0% E.ARTHCARE CO DEB/SMM-JT 100,000.00 .0% .0% Total Corporate Bond-Convertibl: 234,541.00 .1% .1°'0 Mutual Funds: GS 1999 EXCH FND/GS 6,979,661.74 2.5% 2.5% PW STRATEGY FUND/PW-94 1,022,000.00 .4% .4% TCW SELECT EQUITIES FUND 1,255,702.07 .4% .4% TCW MID CAP GRWTH/NB 925,969.50 .3% .3% TCW AGRESSIVE GROWTH 792,453.33 .3% .3% Total Mutual Funds: 10,975,786.64 3.9% 3.9% Partnerships-other. KLL & LPL INVESTMENT PTRNS 31,211,345.00 11.0% 11.1% KLL & LPL FAMILY PTRNS 875,146.00 .3% .3% Total Partnerships-other. r 32.086,491.00 11.4% 11.4% TOTAL MARKETABLE INVESTMENTS - 231,112,544.82 81.3% 82.4% LONG-TERM INVESTMENTS Residence: REAL ESTATEIHUNTINGDON 9,665,950.09 3.4% 3.4% REAL ESTATE/LOOSCAN 1,232.327.75 .5% .5% Total Residence: 10,948,277.84 3.9% 3.9% Real Estate Other Homes: < Page 3 > LAY-G39 0155 LBF002-00622 ============= Page 5 of 9 ============= Kenneth L. & Linda P. Lav BALANCE SHEET ANALYSIS As of: December 31, 1999 REAL ESTATE/ASPEN REAL ESTATE/B-3431 REAL ESTATE/SPRING ST PIRATES' COVE LOTS REAL ESTATE/B-3429 REAL ESTATE/B-3433 REAL ESTATE/REBA REAL ESTATE/CREEKSTONE LOT REAL ESTATE/WESTGATE REAL ESTATE/2514 AVALON Total Real Estate Other Homes: Real Estate Active Rental: REAL ESTATE/ 174 1 S R REAL ESTATEi1852MAR REAL ESTATE/ 18 56MAR REAL ESTATE/ 191 SS R REAL ESTATE/KINGS REAL ESTATE/VIKING Total Real Estate Active Rental: Real Estate Passive: BLENHEIM APARTS, LTD. COLORADO OASIS LTD. -CREEKSTONE SOUTH RICE PTRS • LAKE CHARLES APTS., LTD. -JESTER APTS PARTNERS,LP -TRAILS IDE APTS, LTD. MILAND INVESTMENTS LLC J.T.FAM,SR. INVEST., LTD. W.E. TRADE INVESTMENTS LTD W.AREHAUSENLOT INV LTD Total Real Estate Passive: Farming Interests: 11ACRES ILLINOIS Total Farming Interests: Other Investment-Passive: CAPRICORN INVESTORS lI LP . CAPRICORN INVESTORS III .CARSON PRJV CAP EUROPE LP CORPORATE OPPT FUND/SMM-JT KESTREL VENTURES. LLC USA CAFE LLC/SMM-JT January 21, 2000 Balance % of Total Assets % of Worlane ets 2,863.697.02 1.0% 1.0°,/0 447, 544.79 .2% .2% 5, 070, 771.32 1.8% 1.8 299,742.66 .1% .100 695,917.34 .2% .2% 852,791.60 .3% .3 492,639.61 .2% .2% 1,679,069.25 .6% .6% 283.195.50 283.421.38 12.968.790.47 4.6% 147.309.00 .1 0/ 0 .1 % 104.044.97 .0 % .0" 167 250.00 .1 0.'0 10/ 242,622.73 .1% 1% 190,000.00 .10.5, .1U 60,000.00 .0% .0% 911,2_26.70 .3% .3% 225,D00.00 .10,10 .10,/0 254,888.00 .1% .10/0 300,000.00 .19/0 .1% 240,000.00 .1% .1% 400,000.00 .19/0 .1% 500,000.00 .2% .2% 170,000.00 .1% .1% 264,330.00 .1% .1 % 235,125.00 .1% .1% 108,405.00 .0% .0% 2,697,748.00 1.0% 1.0% 4,500.00 .0% .0% 4,500.00 .0% .0% 562, 622.00 .2% .2% 15,000.00 .0% .0% 500,000.00 .2% .2% 225,000.00 .1% .1% 59,920.00 .0% .0% 30,526.00 .0% .0% < Page 4 > LAY-G39 0156 LBF002-00623 ============= Page 6 of 9 ============= Kenneth L. & Linda P. Lav BALANCE SHEET ANALYSIS As of: December 31, 1999 CHAMPION L.L.C/SMM-JT CON-EQUIP LLC/SMM-JT ENVIR OPP 500,000SH/SMM-JT ENVIRON OPP FUND II/SIAM-7 Y2K ENERGY CO.. LTD. MV PTRNS-CYBER DIALOGUE Total Other Investment-Passive: TOTAL LONG-TERM INVESTMENTS RETIREMENT/DEFERRED ASSETS IRA: PAINS WEBBER IRA/KLL-PW Total IRA: IR4/Spouse: PAINE WEBBER-IRVLPL-PW Total IRA/Spouse: Keogh Account: SCUDDER GRWTH & INC/KLL SCUDDER INCOME/KLL SCUDDER ST BOND/KLL Total Keogh Account: Retirement Plan: ENRON-RETIREMENT ENRON SAVINGS RO/PW401K ENRON SAV RO MMA/PW401 K ENRON SAVINGS 401(K) ENRON ESOP FID GROWTH CO 401(K)/KLL FID OTC 401(K)/KLL FID OVERSEAS 401(K)/KLL FED MAGELLAN 401(KYKLL Total Retirement Plan: Deferred Compensat'n Plan: ENRON DEFERRED COMP-85 ENRON DEFERRED COMP-94 ENRON PHANTOM STOCK DEF ELI LILLY DEFERRED COMP Total Deferred Compensat'n Plan: TOTAL RETIREMENT/DEFERRED ASSETS TOTAL WORKING ASSETS January 21, 2000 Balance % of Total Assets % of Workin- Assets 100,000.00 .0% .0% 100,000.00 .0% .0% 33 5,000.00 .1% .10/0 120, 800.00 .0% .001/0 1.110.000.00 .40.0 .4° o 346.500.00 .1% .10/ 3.505,368.00 1.2% 1.2%0 31,035,91 1.01 11.0% 11.10/0 65.954.82 .0% .0% 65.954.82 66.038.03 .0°,, .0% 66.038.03 .00 .0° u 366, 772.46 .1% .10/0 23,608.48 .0% .0% 25,404.00 .0% .0% 415, 784.94 .1% .1111/0 4,093,696.00 1.4% 1.5% 3,610,749.38 1.3% 1.3% 10,192.92 .0% .0% 812,816.88 .3% .3% 7,076.93 .0% .0% 24,135.69 .0% .0% 16,467.79 .0% .0% 25,005.99 .0% .0% 59,266.56 .0% .0% 8,659,408.14 3.1% 3.1% 3,178,450.76 1.10/0 1.1% 821,385.52 .30,/o .3% 468, 809.45 .2% .2% 1,063,005.49 .4% .4% 5,531, 651.22 2.0% 2.0% 14,738,337.15 5.2% 5.3% 280, 505,469.47 99.3% 100.0% < Page 5 > LAY-G39 0157 LBF002-00624 ============= Page 7 of 9 ============= Kenneth L. & Linda P. Lay BALANCE SHEET ANALYSIS As of: December 31, 1999 Balance % of Total A ssets PERSONAL/NON-EARNING ASSET Automobile(s): 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 YELLOW JEEP WRANGLER 23,259.26 .0% 00 SILVER JEEP WRANGLER 23.303.14 .0% 00 RED JEEP WRANGLER 22.450.70 .0% Total Automobile(s): 397.741.54 .10111) Home Furnishings: HOME FURNISHINGS/HUNT ' 937,161.54 .3°./0 HOME FURNISHINGS/LOOSC.-kN 42,025.59 .0% HOME FURNISHINGS/ASPEN 133,984.11 .0% HOME FURNISHINGS/B-3431 163.984.20 .1% HOME FURNISHINGS/B-3429 80,833.15 .0% HOME FURNISHINGS/B-3433 83.761.40 .0% HOME FURNISHINGS/SPRING 4.220.00 .0% Total Home Furnishings: 1,450,969.99 .5% 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 1,968,7774.09 .7% TOTAL ASSETS 282,474,243.56 100.0% j„IABIITTFS CURRENT LIABILITIES Credit Cards: AMER. EXPRESS/RL AMERICAN EXPRESS MASTERCARD 5551 NEIMAN MARCUS 1314 NEIMAN MARCUS 7487 VISA GOLD 4151 January 21, 2000 % o F Workin -. Assets -26,018.06 .0% .0% 4,495.95 .0% .0% 4,272.72 .0% .0% -46,658.66 .0% .0% -213.57 .0% .0% 5.244.87 .0% .0% < Page 6 > LAY-G39 0158 LBF002-00625 ============= Page 8 of 9 ============= 4 Kenneth L. & Linda P. Lay BALANCE SHEET ANALYSIS As of: December 31, 1999 January 21, 2000 Balance % of Total Assets % of Work ing assets Total Credit Cards: -104,868.65 .0% .0% Notes Payable: CHASE BANK LOC 6,867,000.00 2.4% 2.4% COMPASS BANK LOC 6,489,871.12 2.3% 2.3% NATIONS13ANK $37.5M NON PUR 29,009,999.56 10.3% 10.3% PAINE WEBBER-LOC/PW-97 9,951,228.89 3.5% 3.5% ACCT PAYABLE (ST)-ENRON 41.506.11 .0% .0% Total Notes Payable: 52.359,605.68 18.5% 18.7% Security Deposits: SEC DEPOSIT/Z-191 SS R 1.550.20 .0% .0% SEC DEPOSIT/Z-1856MAR 125.00 .0% .0°'0 SEC DEPOSIT/Z-MCDUF 150.00 .0% .0% Total Security Deposits: 1,825.20 .0% .0% Margin Acct Liability: PAINE WEBBER MARGIN/PW-99 1,551.877.89 .5% .6% Total Margin Acct Liability: 1,55 1,S77.89 .5% .6% TOTAL CURRENT LIABILITIES 53,808,-140.12 19.0% 19.2% LONG-TERM LIABILITIES Home Mortgage: BANK OF AMER/LOOSCAN 626,077.29 .2% .2% BANK OF AMERIHUNITNGDON 4,422,693.96 1.6% 1.6% BANK OF AMER/HUNT #2 LIEN 496,279.94 .2% .2% BANK OF AMER/HUNT #3 LIEN 497,199.92 .2% .2% Total Home Mortgage: 6,042,251.11 2.1% 2.2% Other Real Estate Mtge: BANK OF AMER/ASPEN 1,532,427.71 .5% .5% CITICORP MORTGAGEE-3431 220.228.89 .1% .1% BANK OF AMER/LOTS 103,094.83 .0% .0% BANK OF AMER/B-3429 246,793.19 .1% .10/0 BANK OF AMER/B-3433 532.767.76 .2% .2% BANK OF AMER/REBA 324,109.09 .1% .1% BANK OF AMER/2514 AVALON - 225,000.00 .1% .1% BANK OF AMER/CREEKSTONE 1,200,000.00 .4% .4% BANK OF AM/SPRING ST 4,297,983.56 1.5% 1.5% Total Other Real Estate Mtge: 8,682,405.03 3.1% 3.1% Investment Liabilities: BANK OF AMER/WESTGATE LOT 191,250.00 .1% .1% Total Investment Liabilities: 191,250.00 .1% .1% < Page 7 > LAY-G39 0159 LBF002-00626 ============= Page 9 of 9 ============= January 21, 2000 Kenneth L. & Linda P. Lay BALANCE SHEET ANALYSIS As of: December 31, 1999 Balance % of Tota l Assets % o f Working Assets Deferred Tax Liabilities: DEF TAX LIAB-STK OPT ONLY 59,109,110.40 20.9% 21.10,1o Total Deferred Tax Liabilities: 59,109,110.40 20.9% 21.1% TOTAL LONG-TERM LIABILITIES 74,025,016.54 262% 26.4% BUSINESS LIABILITIES Employer Taxes/Bus: FICA WITHHELD-EE (TX) 33,734.97 .0% .0% FICA WITHHELD-LPL EE(TX) 3,824.88 .0% .0% FIT WITHHELD-EE (TX) 66.715.14 .0% .0% FIT WITHHELD-LPL EE(TX) 6.240.00 .0% .0% SIT WITHHELD-EE (MO) 355.20 SIT WITHHELD-EE (HH-CO) 234.80 .0% .0% Total Emp lover Tax es/Bus: 11 1.10 5.29 .0q/. .0" Accrued FICA Tax/Business: FICA PAYABLE-ER (TX) 33.736.84 FICA PAYABLE-LPL ER(TX) 3.324.38 .0% .0% Total Accrued FICA Tax/Business: 37,561.72 .0% .0% TOTAL BUSINESS LIABILITIES 148.667.01 .1% .I% TOTAL LIABILITIES 127,982,123.67 45.3% 45.6% NET WORTH TOTAL NET WORTH 154,492,119.89 54.7% 55.1% TOTAL LIABILITIES AND NET WORTH 282,474,243.56 100.0% < Page 8 > LAY-G39 0160 LBF002-00627