. . . UNITED STATES OF AMERICA before the SECURITIES AND EXCHANGE COMMISSION ------------------------------- In the Matter of: CENTERPOINT ENERGY, INC. CERTIFICATE OF 1111 Louisiana NOTIFICATION Houston, Texas 77002 (70-9895) PUBLIC UTILITY HOLDING COMPANY ACT OF 1935 ------------------------------- THIS IS TO CERTIFY that, in accordance with the terms and conditions of the application-declaration, as amended, of Reliant Energy, Incorporated and CenterPoint Energy, Inc. in the above-captioned file (the "Application") and the order of the Securities and Exchange Commission with respect thereto (HCAR No. 27548 (July 5, 2002)), CenterPoint Energy, Inc. (the "Company" or "CenterPoint") is reporting the following information for itself and its subsidiaries for the quarterly period ended March 31, 2003. Unless defined herein, capitalized terms have the meaning given them in the Application. 1. The sales of any common stock or preferred securities by the Company or a Financing Subsidiary and the purchase price per share and the market price per share at the date of the agreement of sale. None. 2. The total number of shares of the Company's common stock issued or issuable pursuant to options granted during the quarter under employee benefit plans and dividend reinvestment plans, including any employee benefit plans or dividend reinvestment plans hereafter adopted. 312,761 shares were issued under the Investor's Choice Plan. 2,176,200 stock options were granted to Company employees at a strike price of $5.64 under the Company's Long Term Incentive Plan. None of the options granted are currently exercisable. In accordance with the terms of applicable plan documents, an additional 751,867 stock options were granted to present and former employees at various prices to maintain the intrinsic value of prior grants following the distribution of Texas Genco Holdings, Inc. common stock to shareholders during the quarter. 1
A total of 545,300 shares of common stock were granted to participants under the Company's Long-Term Incentive Plan as time-based restricted shares which vest March, 2006. Also, a total of 545,300 shares of common stock were granted to participants under the Long-Term Incentive Plan as performance-based restricted shares for the 2003-2005 performance cycle. An additional 8,820 shares of time based restricted shares of common stock were granted to present and former employees to maintain the intrinsic value of prior grants following the distribution of Texas Genco Holdings, Inc. common stock to shareholders during the quarter, and an additional 14,399 shares of time-based restricted common stock were granted to present and former employees to maintain the intrinsic value of grants made for the 2000-2002 performance cycle. 638 shares were issued in exchange for convertible NorAm 6% Subordinated Debentures tendered during the quarter. 3. If the Company's common stock has been transferred to a seller of securities of a company being acquired, the number of shares so issued, the value per share and whether the shares are restricted in the hands of the acquirer. None. 4. If a guarantee is issued during the quarter, the name of the guarantor, the name of the beneficiary of the guarantee and the amount, terms and purpose of the guarantee. See Exhibit A hereto. 5. The amount and terms of any long-term debt issued by the Company during the quarter, and the aggregate amount of short-term debt outstanding as of the end of the quarter, as well as the weighted average interest rate for such short-term debt as of such date. On February 28, 2003, the Company reached agreement with a syndicate of banks on a second amendment to its $3.85 billion bank credit facility with those banks (the "Second Amendment"). Under the Second Amendment, the maturity date of the bank credit facility has been extended from October 2003 to June 30, 2005 and $1.2 billion in mandatory prepayments that would have been required in 2003 have been eliminated. Pricing for loans under the Second Amendment remains the same as under the original $3.85 billion, 364-day CenterPoint credit facility at current credit ratings. CenterPoint agreed to pay the banks an extension fee of 75 basis points on the amounts outstanding under the bank facility on October 9, 2003, the maturity date of the original bank credit facility. CenterPoint also paid $41 million in fees that were due on February 28, 2003 and agreed to accelerate payment of $20 million in fees that were otherwise due on June 30, 2003, under the terms of the existing facility. To provide additional security to the lenders, CenterPoint has committed, subject to the Commission's approval under the Public Utility Holding Company Act of 1935 (the "1935 Act"), to grant the banks a security interest in its 81% stock ownership of Texas Genco Holdings, Inc. If the Company is unable to provide 2
that security in a timely manner, the interest rates will be increased by 25 basis points beginning May 28, 2003. CenterPoint has committed under the Second Amendment to grant the banks, on or before May 28, 2003, warrants to purchase 10%, on a fully diluted basis, of the Company's common stock. The exercise price for the warrants would be equal to the greater of (i) $6.56 or (ii) 110% of the closing price of CenterPoint common stock on the New York Stock Exchange on the date the warrants are issued. The warrants would be issued upon receipt of Commission approval and would remain outstanding for four years. They would not, however, be exercisable for a year after issuance. The Second Amendment provides that the Company may extinguish up to $400 million of warrants by reducing the bank facility by a like amount on or before May 28, 2003. Similarly, the Company is able to extinguish the remaining 50% of the warrants, again on a proportionate basis, if it reduces the bank facility by up to $400 million by the end of 2003. Issuance of the warrants is also subject to obtaining Commission approval under the 1935 Act. If Commission approval to issue the warrants is not obtained on or before May 28, 2003, CenterPoint is obligated to further negotiate with the banks and bank counsel to provide the banks equivalent cash compensation over the term that the warrants would have been exercisable (to the extent they are not otherwise extinguished). In March 2003, the Company repaid $50 million to the banks under the Second Amendment and permanently reduced the bank credit facility to $3.8 billion. As of the end of the quarter, the Company had no short-term debt outstanding. 6. The amount and terms of any long-term debt issued by any Utility Subsidiary during the quarter, and the aggregate amount of short-term debt outstanding as of the end of the quarter, as well as the weighted average interest rate for such short-term debt as of such date. On March 18, 2003, CenterPoint Energy Houston Electric, LLC (the "T&D Utility") issued its General Mortgage Bonds totaling $762 million, comprising $450 million 10-year bonds with a coupon rate of 5.7%, and $312.275 million 30-year bonds with a coupon rate of 6.95%. Proceeds were used to redeem $312.275 million of its outstanding First Mortgage Bonds and to repay $429 million of $687 million intercompany notes to CenterPoint, of which $150 million was used by CenterPoint to repay its medium term notes maturing on April 21, 2003. On March 25, 2003, CenterPoint Energy Resources Corp. ("GasCo") issued $650 million of 7.875% senior unsecured notes. A portion of the proceeds was used to retire $260 million of GasCo's 6 3/8% Term Enhanced ReMarketable Securities 3
("TERMS"). Proceeds were also used to repay loans under a $350 million bank revolving credit facility that was due to expire on March 31, 2003. On March 25, 2003, GasCo closed a $200 million revolving credit facility which will be used for working capital needs, including the financing of capital expenditures. This 364-day facility has a drawn cost of LIBOR plus 250 basis points, including the facility fee, at existing credit ratings. For the aggregate amount of short-term debt outstanding as of the end of the quarter for the Utility Subsidiaries, as well as the weighted average interest rate for such short-term debt as of such date, see Exhibit E hereto. 7. The amount and terms of any financings consummated by any Non-Utility Subsidiary that are not exempt under Rule 52 under the Public Utility Holding Act, as amended. None. 8. The notional amount and principal terms of any Hedge Instruments or Anticipatory Hedges entered into during the quarter and the identity of the other parties thereto. None. 9. The name, parent company and amount of equity in any intermediate subsidiary during the quarter and the amount and terms of any securities issued by such subsidiaries during the quarter. On January 6, 2003, the Company distributed pro rata to its shareholders a total of 15,235,759.3 shares of the common stock (par value, $.001 per share) of Texas Genco Holdings, Inc., an intermediate holding company owned by Utility Holding, LLC and which indirectly owns Texas Genco, LP. The shares distributed represented approximately 19% of the common stock of Texas Genco Holdings, Inc. They were distributed pursuant to the Company's business separation plan that had been approved by the Public Utility Commission of Texas under the requirements of the Texas electric restructuring law that was enacted in 1999. Following the distribution, the common stock of Texas Genco Holdings, Inc. began trading on the New York Stock Exchange under the symbol "TGN". Following the distribution to shareholders, the Company continued to own 64,764,240.7 shares of the common stock of Texas Genco Holdings, Inc. 10. The information required by a Certificate of Notification on Form U-6B-2. Not applicable. 4
11. Consolidated balance sheets for the Company and/or a Utility Subsidiary as of the end of the quarter and separate balance sheets as of the end of the quarter for each company that has engaged in jurisdictional financing transactions during the quarter. See Exhibit B hereto. See also the Quarterly Report on Form 10-Q filed by the Company on May 12, 2003 (File No. 1-31447), the Quarterly Report on Form 10-Q filed by CenterPoint Energy Resources Corp. on May 13, 2003 (File No. 1-13265), and the Quarterly Report on Form 10-Q filed by CenterPoint Energy Houston Electric, LLC on May 15, 2003 (File No. 1-3187), all of which are incorporated herein by reference. 12. A table showing, as of the end of the quarter, the dollar and percentage components of the capital structure of the Company on a consolidated basis and of each Utility Subsidiary. See Exhibit C hereto. 13. A retained earnings analysis of the Company on a consolidated basis and of each Utility Subsidiary detailing gross earnings, dividends paid out of each capital account and the resulting capital account balances at the end of the quarter. See Exhibit D hereto. 14. A table showing, as of the end of the quarter, the Money Pool participants and amount of outstanding borrowings for each. See Exhibit E hereto. 15. As to each financing subsidiary, (a) the name of the subsidiary; (b) the value of the Company's investment account in such subsidiary; (c) the balance sheet account where the investment and the cost of the investment are booked; (d) the amount invested in the subsidiary by the Company; (e) the type of corporate entity; (f) the percentage owned by the Company; (g) the identification of other owners if not 100% owned by the Company; (h) the purpose of the investment in the subsidiary; and (i) the amounts and types of securities to be issued by the subsidiary. See Exhibit F hereto. The Company may organize and acquire, directly or indirectly, the common stock or other equity interests of one or more financing subsidiaries for the purpose of effecting various financing transactions from time to time through the Authorization Period involving the issuance and sale of up to an aggregate of $1 billion (cash proceeds to the Company or the respective subsidiary company) in any combination of common stock, preferred securities, debt securities, stock purchase contracts and stock purchase units, as well as its common stock issuable pursuant to such stock purchase contracts and stock 5
purchase units, all as set forth in further detail in the Application. Such financing subsidiaries have been organized because, in management's opinion, the creation and utilization of such financing subsidiary will likely result in tax savings, increased access to capital markets and/or lower cost of capital for the Company or its subsidiaries. 16. For any service transactions among the Company (or any other system service provider, including Reliant Energy Trading and Transportation Group, Inc.) and the Utility Subsidiaries during the period, provide the following information (i) a narrative description of the services rendered; (ii) disclosure of the dollar amount of services rendered in (i) above according to category or department; (iii) identification of companies rendering services described in (i) above and recipient companies, including disclosure of the allocation of services costs; and (iv) disclosure of the number of the CenterPoint system employees engaged in rendering services to other CenterPoint system companies on an annual basis, stated as an absolute and as a percentage of total employees. See Exhibit G hereto. All transactions described herein have been carried out in accordance with the terms and conditions of and for the purposes represented in the Application. CENTERPOINT ENERGY, INC. By: /s/ Rufus S. Scott ---------------------------------- Rufus S. Scott Vice President, Deputy General Counsel and Assistant Corporate Secretary Dated: May 30, 2003 6
Exhibits Exhibit Description - ------- ----------- Exhibit A CenterPoint Energy, Inc., CenterPoint Energy Resources Corp. and Texas Genco Holdings, Inc. Guaranties Issued or Amended During First Quarter 2003 Exhibit B Consolidated Balance Sheets for CenterPoint Energy, Inc. and Subsidiaries, CenterPoint Energy Houston Electric, LLC and Subsidiaries, CenterPoint Energy Resources Corp. and Subsidiaries and Texas Genco Holdings, Inc. (as of December 31, 2002 and March 31, 2003) (unaudited) Exhibit C Capital Structure Chart of CenterPoint Energy, Inc., CenterPoint Energy Houston Electric, LLC, CenterPoint Energy Resources Corp. and Texas Genco Holdings, Inc. as of March 31, 2003 Exhibit D Retained Earnings Analysis of CenterPoint Energy, Inc., CenterPoint Energy Resources Corp., CenterPoint Energy Houston Electric, LLC and Texas Genco Holdings, Inc. Exhibit E Money Pool Participants and Outstanding Borrowings as of March 31, 2003 Exhibit F CenterPoint Energy, Inc. Investments in Financing Subsidiaries as of March 31, 2003 Exhibit G Information on Service Transactions between CenterPoint Energy, Inc. and Utility Subsidiaries (Corporate Services, Support Services and Information Technology Services) 7
EXHIBIT A CENTERPOINT ENERGY RESOURCES CORP., CENTERPOINT ENERGY, INC. AND TEXAS GENCO HOLDINGS, INC. GUARANTIES ISSUED OR AMENDED DURING FIRST QUARTER 2003 5/29/03 DATE GUARANTOR PURPOSE BUSINESS UNITS AS DEBTORS BENEFICIARY/COUNTERPARTY DOLLAR LIMIT ISSUED EXPIRES - --------- ------- ------------------------- ------------------------ ------------ ------ ------- CEI Natural gas supplier CEGRC CEGM CEGT ONEOK Energy Marketing and Trading Company L.P. $ 20,000,000 01-Jan-03 31-Jan-04 CEI Natural gas supplier CEGM Unimark, LLC $ 3,000,000 08-Jan-03 08-Jan-04 CEI Natural gas supplier CEGRC Entex Crosstex Gulf Coast Marketing, Crosstex Energy Services & Crosstex CCNG marketing $ 20,000,000 01-Feb-03 01-Feb-04 CERC Natural gas supplier CEGRC CEGM UGTC IGS CEMI Tractebel Energy Marketing $ 10,000,000 01-Jan-03 01-Jan-04 CERC Natural gas supplier CEGM CEFS Questar Energy Trading Company $ 5,000,000 15-Jan-03 15-Jan-04 CERC Natural gas supplier CEGRC IGS ENTEX Crosstex CCNG Marketing, Crosstex Energy Services, Ltd., Crosstex Gulf Coast Marketing, Ltd. $ 20,000,000 01-Feb-03 01-Feb-04 CERC Natural gas supplier CEGRC CEGM UGT IGS Entergy-Koch Trading, LP $ 20,000,000 03-Feb-03 31-Mar-04 CERC Natural gas supplier CEGRC CEGM LUGT IGS UGT Unocal Energy Trading, Inc. $ 3,000,000 13-Feb-03 30-Apr-04 CERC Natural gas supplier CEGRC Bank of Montreal $ 20,000,000 28-Feb-03 31-Mar-04 CERC Natural gas supplier CEGRC UBS AG $ 50,000,000 17-Mar-03 31-Mar-04 CERC Natural gas supplier CEGRC CEGM BP Energy Company $ 15,000,000 28-Mar-03 31-Mar-04 CERC Natural gas supplier CEGRC UGT AEP Energy Services, Inc. and Houston Pipe Line Company LP, AEP Gas Marketing, LP $ 30,000,000 31-Mar-03 31-Mar-04 TGHI Natural gas supplier GENCO BP Energy Company $ 7,000,000 01-Jan-03 01-Jan-04 TGHI Natural gas supplier GENCO AEP Energy Services, Inc., Houston Pipe Line Company LP & AEP Gas Marketing, LP $ 10,000,000 06-Jan-03 06-Jan-04 TGHI Natural gas supplier GENCO American Electric Power Service Corporation $ 10,000,000 06-Jan-03 06-Jan-04 TGHI Natural gas supplier GENCO Connect Energy Services, Inc. $ 3,000,000 27-Jan-03 27-Jan-04 TGHI Natural gas supplier GENCO Coral Energy Resources, L.P., Coral Energy Power, L.L.C. $ 4,000,000 01-Feb-03 01-Feb-04 Natural gas supplier ISSUED ------ CERC CENTERPOINT ENERGY GAS RESOURCES TOTAL BY CERC $ 173,000,000 CEI CENTERPOINT ENERGY, INC. TOTAL BY CEI $ 43,000,000 TGHI TEXAS GENCO HOLDINGS, INC. TOTAL BY GENCO $ 34,000,000 TOTAL OUTGOING GUARANTIES $ 250,000,000 *On February 18, 2003, CenterPoint Energy, Inc. entered into a guarantee in favor of Siderca, S.A.I.C., which expires on December 12, 2004, and has an unlimited dollar amount. The purpose of this guarantee is to support a representation made by CenterPoint Energy Light, Inc. to the purchaser of the Argener business that there are no undisclosed liabilities of the Cayman holding companies of the Argener business.
EXHIBIT B CENTERPOINT ENERGY, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (THOUSANDS OF DOLLARS) (UNAUDITED) ASSETS DECEMBER 31, MARCH 31, 2002 2003 ---- ---- CURRENT ASSETS: Cash and cash equivalents ....................... $ 305,420 $ 305,290 Investment in AOL Time Warner common stock ...... 283,486 235,012 Accounts receivable, net ........................ 559,366 868,369 Accrued unbilled revenues ....................... 354,497 338,458 Fuel stock and petroleum products ............... 166,742 111,334 Materials and supplies .......................... 185,074 181,009 Non-trading derivative assets ................... 27,275 21,071 Taxes receivable ................................ -- 93,072 Current assets of discontinued operations ....... 10,162 -- Prepaid expenses and other current assets ....... 71,304 63,405 ------------ ------------ Total current assets .......................... 1,963,326 2,217,020 ------------ ------------ PROPERTY, PLANT AND EQUIPMENT: Property, plant and equipment ................... 19,901,293 19,725,739 Less accumulated depreciation and amortization .. (8,491,924) (8,540,397) ------------ ------------ Property, plant and equipment, net ............ 11,409,369 11,185,342 ------------ ------------ OTHER ASSETS: Goodwill, net ................................... 1,740,510 1,740,510 Other intangibles, net .......................... 65,880 65,940 Regulatory assets ............................... 4,000,646 4,557,707 Non-trading derivative assets ................... 3,866 5,376 Non-current assets of discontinued operations ... 4,997 -- Other ........................................... 445,883 465,505 ------------ ------------ Total other assets ............................ 6,261,782 6,835,038 ------------ ------------ TOTAL ASSETS ................................ $ 19,634,477 $ 20,237,400 ============ ============ 1
CENTERPOINT ENERGY, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS - (CONTINUED) (THOUSANDS OF DOLLARS) (UNAUDITED) LIABILITIES AND SHAREHOLDERS' EQUITY DECEMBER 31, MARCH 31, 2002 2003 ---- ---- CURRENT LIABILITIES: Short-term borrowings ............................... $ 347,000 $ -- Current portion of long-term debt ................... 810,325 402,146 Indexed debt securities derivative .................. 224,881 182,177 Accounts payable .................................... 623,317 838,450 Taxes accrued ....................................... 120,865 113,124 Interest accrued .................................... 197,274 103,688 Non-trading derivative liabilities .................. 26,387 18,815 Regulatory liabilities .............................. 168,173 172,169 Accumulated deferred income taxes, net .............. 285,214 290,667 Other ............................................... 286,750 204,345 ------------ ------------ Total current liabilities ......................... 3,090,186 2,325,581 ------------ ------------ OTHER LIABILITIES: Accumulated deferred income taxes, net .............. 2,449,206 2,605,604 Unamortized investment tax credits .................. 230,037 225,695 Non-trading derivative liabilities .................. 873 485 Benefit obligations ................................. 834,989 856,194 Regulatory liabilities .............................. 959,421 924,702 Other ............................................... 747,063 790,722 ------------ ------------ Total other liabilities ........................... 5,221,589 5,403,402 ------------ ------------ LONG-TERM DEBT ......................................... 9,194,320 10,223,299 ------------ ------------ COMMITMENTS AND CONTINGENCIES MINORITY INTEREST IN CONSOLIDATED SUBSIDIARIES ......... 292 163,327 COMPANY OBLIGATED MANDATORILY REDEEMABLE PREFERRED SECURITIES OF SUBSIDIARY TRUSTS HOLDING SOLELY JUNIOR SUBORDINATED DEBENTURES OF THE COMPANY ............... 706,140 706,250 ------------ ------------ SHAREHOLDERS' EQUITY: Common stock (300,101,587 shares and 301,664,118 shares outstanding at December 31, 2002 and March 31, 2003, respectively) ..................... 3,050 3,054 Additional paid-in capital .......................... 3,046,043 2,886,669 Unearned ESOP stock ................................. (78,049) (59,885) Retained deficit .................................... (1,062,083) (927,556) Accumulated other comprehensive loss ................ (487,011) (486,741) ------------ ------------ Total shareholders' equity ........................ 1,421,950 1,415,541 ------------ ------------ TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY ...... $ 19,634,477 $ 20,237,400 ============ ============ 2
CENTERPOINT ENERGY HOUSTON ELECTRIC, LLC AND SUBSIDIARIES (A WHOLLY OWNED SUBSIDIARY OF CENTERPOINT ENERGY, INC.) CONSOLIDATED BALANCE SHEETS (THOUSANDS OF DOLLARS) (UNAUDITED) ASSETS DECEMBER 31, MARCH 31, 2002 2003 ---- ---- CURRENT ASSETS: Cash and cash equivalents ....................... $ 70,866 $ 13,267 Accounts and notes receivable, net .............. 99,304 110,090 Accrued unbilled revenues ....................... 70,385 61,376 Materials and supplies .......................... 59,941 58,033 Taxes receivable ................................ -- 63,953 Other ........................................... 11,839 11,120 ----------- ----------- Total current assets .......................... 312,335 317,839 ----------- ----------- PROPERTY, PLANT AND EQUIPMENT: Property, plant and equipment ................... 5,959,843 5,980,213 Less accumulated depreciation and amortization .. (2,122,611) (2,155,584) ----------- ----------- Property, plant and equipment, net ............ 3,837,232 3,824,629 ----------- ----------- OTHER ASSETS: Other intangibles, net .......................... 39,912 39,751 Regulatory assets ............................... 3,970,007 4,527,749 Notes receivable -- affiliated companies ........ 814,513 814,513 Other .......................................... 66,049 71,085 ----------- ----------- Total other assets ........................... 4,890,481 5,453,098 ----------- ----------- TOTAL ASSETS ................................ $ 9,040,048 $ 9,595,566 =========== =========== See Notes to the Company's Interim Financial Statements 1
CENTERPOINT ENERGY HOUSTON ELECTRIC, LLC AND SUBSIDIARIES (A WHOLLY OWNED SUBSIDIARY OF CENTERPOINT ENERGY, INC.) CONSOLIDATED BALANCE SHEETS (THOUSANDS OF DOLLARS) -- (CONTINUED) (UNAUDITED) LIABILITIES AND MEMBER'S EQUITY DECEMBER 31, MARCH 31, 2002 2003 ---- ---- CURRENT LIABILITIES: Current portion of long-term debt ............. $ 18,758 $ 26,398 Accounts payable .............................. 32,362 22,470 Accounts payable -- affiliated companies, net . 43,662 21,243 Notes payable -- affiliated companies, net .... 214,976 171,906 Taxes accrued ................................. 44,208 33,606 Interest accrued .............................. 78,355 60,769 Regulatory liabilities ........................ 168,173 171,742 Other ......................................... 57,513 46,071 ---------- ---------- Total current liabilities ................... 658,007 554,205 ---------- ---------- OTHER LIABILITIES: Accumulated deferred income taxes, net ........ 1,419,301 1,494,101 Unamortized investment tax credits ............ 53,581 52,408 Benefit obligations ........................... 61,671 60,752 Regulatory liabilities ........................ 940,615 901,451 Notes payable -- affiliated companies ......... 916,400 637,400 Accounts payable -- affiliated companies ...... -- 395,516 Other ......................................... 25,206 21,033 ---------- ---------- Total other liabilities ..................... 3,416,774 3,562,661 ---------- ---------- LONG-TERM DEBT ................................... 2,641,281 3,074,539 ---------- ---------- COMMITMENTS AND CONTINGENCIES (NOTES 1 AND 9) MEMBER'S EQUITY: Common stock .................................. 1 1 Paid-in capital ............................... 2,205,039 2,205,039 Retained earnings ............................. 118,946 199,121 ---------- ---------- Total member's equity ....................... 2,323,986 2,404,161 ---------- ---------- TOTAL LIABILITIES AND MEMBER'S EQUITY ..... $9,040,048 $9,595,566 ========== ========== See Notes to the Company's Interim Financial Statements 2
CENTERPOINT ENERGY RESOURCES CORP. AND SUBSIDIARIES (AN INDIRECT WHOLLY OWNED SUBSIDIARY OF CENTERPOINT ENERGY, INC.) CONSOLIDATED BALANCE SHEETS (THOUSANDS OF DOLLARS) (UNAUDITED) ASSETS DECEMBER 31, MARCH 31, 2002 2003 ---- ---- CURRENT ASSETS: Cash and cash equivalents ........................ $ 9,237 $ 83,248 Accounts and notes receivable, principally customers (net of allowance for doubtful accounts of $19,568 and $25,057, respectively).. 384,772 639,605 Accrued unbilled revenue ......................... 284,112 277,082 Materials and supplies ........................... 32,264 31,946 Natural gas inventory ............................ 103,443 30,970 Non-trading derivative assets .................... 27,275 21,071 Prepaid expenses and other current assets ........ 50,765 31,086 ----------- ----------- Total current assets ........................... 891,868 1,115,008 ----------- ----------- PROPERTY, PLANT AND EQUIPMENT: Property, plant and equipment .................... 3,885,820 3,938,476 Less accumulated depreciation .................... (650,148) (693,733) ----------- ----------- Property, plant and equipment, net ............. 3,235,672 3,244,743 ----------- ----------- OTHER ASSETS: Goodwill ......................................... 1,740,510 1,740,510 Other intangibles, net ........................... 19,878 20,053 Non-trading derivative assets .................... 3,866 5,376 Notes receivable - affiliated companies, net ..... 39,097 38,171 Other ............................................ 55,571 104,053 ----------- ----------- Total other assets ............................. 1,858,922 1,908,163 ----------- ----------- TOTAL ASSETS ....................................... $ 5,986,462 $ 6,267,914 =========== =========== 1
CENTERPOINT ENERGY RESOURCES CORP. AND SUBSIDIARIES (AN INDIRECT WHOLLY OWNED SUBSIDIARY OF CENTERPOINT ENERGY, INC.) CONSOLIDATED BALANCE SHEETS -- (CONTINUED) (THOUSANDS OF DOLLARS) (UNAUDITED) LIABILITIES AND STOCKHOLDER'S EQUITY DECEMBER 31, MARCH 31, 2002 2003 ---- ---- CURRENT LIABILITIES: Short-term borrowings.................................. $ 347,000 $ -- Current portion of long-term debt...................... 517,616 250,917 Accounts payable, principally trade.................... 465,694 681,003 Accounts and notes payable - affiliated companies, net. 101,231 15,979 Interest accrued....................................... 49,084 29,933 Taxes accrued.......................................... -- 23,462 Customer deposits...................................... 54,081 56,725 Non-trading derivative liabilities..................... 9,973 4,865 Other.................................................. 102,510 70,477 ---------- ---------- Total current liabilities.......................... 1,647,189 1,133,361 ---------- ---------- OTHER LIABILITIES: Accumulated deferred income taxes, net................. 595,889 619,452 Benefit obligations.................................... 132,434 130,321 Non-trading derivative liabilities..................... 873 485 Other.................................................. 125,876 162,678 ---------- ---------- Total other liabilities............................ 855,072 912,936 ---------- ---------- LONG-TERM DEBT........................................... 1,441,264 2,090,918 ---------- ---------- COMMITMENTS AND CONTINGENCIES COMPANY OBLIGATED MANDATORILY REDEEMABLE CONVERTIBLE PREFERRED SECURITIES OF SUBSIDIARY TRUST HOLDING SOLELY JUNIOR SUBORDINATED DEBENTURES OF THE COMPANY............................................... 508 508 ---------- ---------- STOCKHOLDER'S EQUITY: Common stock........................................... 1 1 Paid-in capital........................................ 1,986,364 1,986,364 Retained earnings...................................... 44,804 132,976 Accumulated other comprehensive income................. 11,260 10,850 ---------- ---------- Total stockholder's equity......................... 2,042,429 2,130,191 ---------- ---------- TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY............ $5,986,462 $6,267,914 ========== ========== 2
TEXAS GENCO HOLDINGS, INC. CONSOLIDATED BALANCE SHEETS (THOUSANDS OF DOLLARS) (UNAUDITED) DECEMBER 31, March 31, 2002 2003 ---- ---- ASSETS CURRENT ASSETS: Cash and cash equivalents............................... $ 578 $ 1,407 Customer accounts receivable............................ 68,604 76,204 Accounts receivable, other.............................. 4,544 5,456 Materials and supplies.................................. 92,869 91,029 Fuel stock and petroleum products....................... 63,298 80,364 Prepaid expenses and other current assets............... 4,024 2,705 ----------- ---------- Total current assets............................... 233,917 257,165 ----------- ---------- PROPERTY, PLANT AND EQUIPMENT, NET........................ 3,980,770 4,159,035 ----------- ---------- OTHER ASSETS: Nuclear decommissioning trust........................... 162,576 157,778 Other................................................... 11,584 10,741 ----------- ---------- Total other assets................................. 174,160 168,519 ----------- ---------- TOTAL ASSETS.................................... $ 4,388,847 $4,584,719 =========== ========== LIABILITIES AND SHAREHOLDERS' EQUITY CURRENT LIABILITIES: Accounts payable - affiliated companies, net........... $ 22,652 $ 11,663 Accounts payable, fuel.................................. 76,399 89,279 Accounts payable, other................................. 43,877 40,747 Notes payable - affiliated companies, net.............. 86,186 188,285 Taxes and interest accrued.............................. 38,591 8,197 Other................................................... 15,918 9,690 ----------- ---------- Total current liabilities.......................... 283,623 347,861 ----------- ---------- OTHER LIABILITIES: Accumulated deferred income taxes, net.................. 813,246 861,535 Unamortized investment tax credit....................... 170,569 167,532 Nuclear decommissioning reserve......................... 139,664 188,993 Deferred capacity auction revenue....................... 48,721 46,844 Benefit obligations..................................... 15,751 16,089 Accrued reclamation costs............................... 39,765 3,898 Notes payable - affiliated companies, net.............. 18,995 18,995 Other................................................... 34,470 40,901 ----------- ---------- Total other liabilities............................ 1,281,181 1,344,787 ----------- ---------- COMMITMENTS AND CONTINGENCIES SHAREHOLDERS' EQUITY: Common stock (80,000,000 shares outstanding at December 31, 2002 and March 31, 2003, respectively)... 1 1 Additional paid-in capital.............................. 2,878,502 2,878,502 Retained earnings (deficit)............................. (54,460) 13,568 ----------- ---------- Total Shareholders' Equity......................... 2,824,043 2,892,071 ----------- ---------- TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY...... $ 4,388,847 $4,584,719 =========== ==========
. . . CAPITAL STRUCTURE BY ENTITY AS OF MARCH 31, 2003 Exhibit C (IN THOUSANDS) CENTERPOINT ENERGY CENTERPOINT HOUSTON ENERGY, INC. ELECTRIC, LLC ------------ ------------- CURRENT PORTION OF LONG-TERM DEBT $ 402,146 3.11% $ 26,398 0.42% INDEXED DEBT SECURITIES DERIVATIVE 182,177 1.41% -- 0.00% DEBT TO AFFILIATE-CenterPoint Energy, Inc. -- 0.00% 809,306 12.82% LONG-TERM DEBT 10,223,299 79.07% 3,074,539 48.69% TRUST PREFERRED SECURITIES 706,250 5.46% -- 0.00% COMMON STOCK 3,054 0.02% 1 0.00% ADDITIONAL PAID-IN CAPITAL 2,886,669 22.33% 2,205,039 34.92% RETAINED EARNINGS (927,556) -7.17% 199,121 3.15% ACCUMULATED OTHER COMPREHENSIVE INCOME (486,741) -3.76% -- 0.00% UNEARNED ESOP STOCK (59,885) -0.46% -- 0.00% ---------- --------- TOTAL CAPITALIZATION $ 12,929,413 100.00% $ 6,314,404 100.00% ============ ====== ============ ====== CENTERPOINT ENERGY TEXAS GENCO RESOURCES HOLDINGS, CORP. INC. ------------- -------------- CURRENT PORTION OF LONG-TERM DEBT $ 250,917 5.61% $ -- 0.00% INDEXED DEBT SECURITIES DERIVATIVE -- 0.00% -- 0.00% DEBT TO AFFILIATE-CenterPoint Energy, Inc. -- 0.00% 207,280 6.69% LONG-TERM DEBT 2,090,918 46.75% -- 0.00% TRUST PREFERRED SECURITIES 508 0.01% -- 0.00% COMMON STOCK 1 0.00% 1 0.00% ADDITIONAL PAID-IN CAPITAL 1,986,364 44.41% 2,878,502 92.87% RETAINED EARNINGS 132,976 2.97% 13,568 0.44% ACCUMULATED OTHER COMPREHENSIVE INCOME 10,850 0.24% -- 0.00% UNEARNED ESOP STOCK -- 0.00% -- 0.00% ------------ ------------ TOTAL CAPITALIZATION $ 4,472,534 100.00% $ 3,099,351 100.00% ============ ====== ============ ======
. . . EXHIBIT D BEGINNING CUMULATIVE BALANCE EFFECT OF FOREIGN CENTERPOINT ENERGY, INC. ROLLFOWARD OF DECEMBER 31, ACCOUNTING CURRENCY EQUITY (IN THOUSANDS) 2002 NET INCOME DIVIDENDS CHANGE ADJUSTMENTS - --------------------- ------------ ---------- --------- ------ ----------- SHAREHOLDERS' EQUITY Common stock $ 3,050 -- -- -- -- Additional paid-in capital 3,046,043 -- -- -- -- Unearned ESOP stock (78,049) -- -- -- -- Retained earnings (deficit) (1,062,083) 80,938 (33,905) 80,072 -- Foreign currency adjustments (680) -- -- -- 680 Net deferred loss from cash flow hedges (66,422) -- -- -- -- Benefits- minimum liability adjustment (419,909) -- -- -- -- ----------- ------ ------- ------ --- TOTAL SHAREHOLDERS' EQUITY $ 1,421,950 80,938 (33,905) 80,072 680 =========== ====== ======= ====== === OTHER CHANGES IN NET DEFERRED STOCK-ISSUANCES INCOME FROM LOSS FROM DISTRIBUTION OF OF STOCK RELATED CENTERPOINT ENERGY, INC. ROLLFOWARD OF DISCONTINUED CASH FLOW 19% OF TEXAS TO BENEFIT AND ENDING BALANCE EQUITY (IN THOUSANDS) OPERATIONS HEDGES GENCO STOCK INVESTMENT PLANS MARCH 31, 2003 - -------------------------------------- ----------- ------ ----------- ---------------- -------------- SHAREHOLDERS' EQUITY Common stock -- -- -- 4 3,054 Additional paid-in capital -- -- (146,263) (13,111) 2,886,669 Unearned ESOP stock -- -- -- 18,164 (59,885) Retained earnings (deficit) 7,422 -- -- -- (927,556) Foreign currency adjustments -- -- -- -- -- Net deferred loss from cash flow hedges -- (410) -- -- (66,832) Benefits- minimum liability adjustment -- -- -- -- (419,909) ------ ----- ------- ------ --------- TOTAL SHAREHOLDERS' EQUITY 7,422 (410) (146,263) 5,057 1,415,541 ======= ===== ======== ====== =========
CENTERPOINT ENERGY HOUSTON ELECTRIC, LLC BEGINNING BALANCE ENDING BALANCE ROLLFORWARD OF EQUITY (IN THOUSANDS) DECEMBER 31, 2002 NET INCOME MARCH 31, 2003 - ------------------------------------ ----------------- ---------- -------------- MEMBER'S EQUITY Common Stock $ 1 -- 1 Paid-in Capital 2,205,039 -- 2,205,039 Retained earnings 118,946 80,175 199,121 ---------- ---------- --------- TOTAL MEMBER'S EQUITY $2,323,986 80,175 2,404,161 ========== ========== =========
BEGINNING ENDING BALANCE OTHER BALANCE CENTERPOINT ENERGY RESOURCES CORP. DECEMBER 31, COMPREHENSIVE MARCH 31, ROLLFOWARD OF EQUITY (IN THOUSANDS) 2002 NET INCOME INCOME 2003 -------------------- ---- ---------- ------ ---- STOCKHOLDER'S EQUITY Common stock $ 1 - - 1 Paid-in Capital 1,986,364 - - 1,986,364 Retained earnings 44,804 88,172 - 132,976 Accumulated other comprehensive income 11,260 - (410) 10,850 ----------- ----- ---- --------- TOTAL STOCKHOLDER'S EQUITY $ 2,042,429 88,172 (410) 2,130,191 =========== ====== ==== =========
BEGINNING ENDING BALANCE BALANCE TEXAS GENCO HOLDINGS, INC. DECEMBER 31, NET MARCH 31, ROLLFOWARD OF EQUITY (IN THOUSANDS) 2002 INCOME DIVIDENDS 2003 - ----------------------------------- ---- ------ --------- ---- Shareholders' Equity Common stock $ 1 -- -- 1 Additional paid-in capital 2,878,502 -- -- 2,878,502 Retained earnings (deficit) (54,460) 88,028 (20,000) 13,568 ----------- ----------- ----------- ----------- Total Shareholders' Equity $ 2,824,043 88,028 (20,000) 2,892,071 =========== =========== =========== ===========
. . . EXHIBIT E CENTERPOINT ENERGY - MONEY POOL March 31, 2003 Investing/Borrowing Rate 6.2528% PRIOR DAY TODAY'S COMPANY NAME CO. CODE POSITION (TO CNP) (FROM CNP) POSITION - ------------ -------- -------- -------- ---------- -------- CNP 0002 389,887,423 1,172,000 391,059,423 CE FundingCo 0051 4,268,000 4,268,000 CE Houston Electric LLC 0003 (159,182,868) 3,877,000 (155,305,868) CE International, Inc. 9021 1,450,000 1,450,000 CE Management Services 0093 (64,987,159) 11,000 (64,998,159) CE Products 0057 243,956 243,956 CE Properties 0056 11,563,663 3,000 11,566,663 CE Resources Corp. 0016 - - Texas Genco GP LLC 0356 1,000 1,000 Texas Genco LP 0004 (163,478,015) 5,012,000 (168,490,015) Texas Genco Holdings 0310 (19,766,000) 29,000 (19,795,000) HI FinCo GP LLC 0049 - - HI FinCo LP 0050 - - RE FinCo II GP, LLC 0163 - - RE FinCo II LP 0162 - - TOTAL POOL ACTIVITY - 5,052,000 5,052,000 - TOTAL SOURCES 407,414,042 408,589,042 TOTAL USES (407,414,042) (408,589,042) NET - - PRIOR DAY OUTSTANDING EXTERNAL INVESTMENTS INVESTMENT INVEST (REDEEM) INVESTMENT - -------------------- ---------- ------ -------- ---------- CNP 284,825,000 - (53,270,000) 231,555,000 CE Resources Corp. 36,227,000 11,425,000 - 47,652,000 CE Houston Electric - - - - Texas Genco, LP - - - - TOTAL INVESTMENTS 321,052,000 11,425,000 (53,270,000) 279,207,000 PRIOR DAY INCREASE TODAY'S BANK LOANS OUTSTANDING (REPAY) OUTSTANDING WTD RATE - ---------- ----------- ------- ----------- -------- CNP Term Mat 04/22/03 2,300,000,000 - 2,300,000,000 5.79688% Revolver Mat 04/03/03 300,000,000 - 300,000,000 5.32813% Revolver Mat 04/22/03 947,000,000 - 947,000,000 5.29688% Revolver ABR 250,000,000 - 250,000,000 7.25000% CNP TOTAL 3,797,000,000 - 3,797,000,000 5.73081% FACILITY LOANS REMAINING CAPACITY UNDER CNP SIZE OUTSTANDING LOCS REMAINING - ---------------------------- ---- ----------- ---- --------- Term Loan 2,300,000,000 2,300,000,000 - 0 Revolver 1,500,000,000 1,497,000,000 2,546,650 453,350 CNP TOTAL 3,800,000,000 3,797,000,000 2,546,650 453,350 FACILITY LOANS REMAINING CAPACITY UNDER CERC SIZE OUTSTANDING LOCS REMAINING - ----------------------------- ---- ----------- ---- --------- Revolver 200,000,000 - - 200,000,000 CNP TOTAL 200,000,000 - - 200,000,000
. . . INVESTMENT IN FINANCING SUBS EXHIBIT F As of March 31, 2003 --------------- CenterPoint Energy, Inc. 10053 CenterPoint Energy Capital Trust I - 10054 CenterPoint Energy Capital Trust II - 10129 CenterPoint Energy Trust I - CenterPoint Energy Houston Electric, LLC 10049 Houston Industries FinanceCo GP - 10050 Houston Industries FinanceCo LP - 10158 Reliant Energy FinanceCo III LP - 10162 Reliant Energy FinanceCo II LP - 10163 Reliant Energy FinanceCo II GP, LLC - 10187 Reliant Energy FinanceCo IV LP - Utility Holding Company 10053 CenterPoint Energy Capital Trust I 7,732,001 10054 CenterPoint Energy Capital Trust II 2,880,177 10129 CenterPoint Energy Trust I 11,669,430 10181 CenterPoint Energy Investment Management, Inc. 617,390,616
. . . EXHIBIT G TDU GENCO CERC --- ----- ---- CNP CNP FIRST QTR 2003 SERVICES BILLED CNP HOUSTON TEXAS GENCO, RESOURCES MISSISSIPPI FROM CNP CORP ELECTRIC, LLC LP CORP RIV TRANS ------------- ------------- -- ---- --------- Sum of Amount Co Code CORPORATE COSTS SUMMARIZED CATEGORY 0003 0004 0016 0024 --------------- ------------------- ---- ---- ---- ---- Corp Legal 125020 654.75 State Relations 125042 13.76 Finance IT & SS 125066 (2,462.53) Benchmarking 125099 (1.92) Plant Acct. Admin 125104 (2.64) Property Accounting 125105 Property Accounting 125106 State & Local Tax 125109 (0.95) Property Tax 125111 (15.28) Regulatory Reporting 125112 HR - Workforce Plann 125175 (2.80) HR-Learning & Organi / Training 125181 400.00 3,300.00 HR-Arkla,Entex,Suppo 125189 (44.69) HR-Arkla,Entex,Suppo 125191 (57.65) Shared Services 125197 Communications 125206 (1,029.00) Branding/Promotions 125225 (4,720.90) Audit Services 125400 (11.33) Comm TDU 157500 779,421.20 Comm Entex 157501 Comm CEGT 157503 Comm Field Srvs 157506 Comm Properties 157507 Comm Arkla 157508 Comm Minnegasco 157509 Comm 77 157510 Comm 79 157511 Comm 81 157512 Comm 80 157513 Comm 84 157514 Comm 85 157515 Comm 99 157516 Comm Mgmt Srvs 157517 Comm Genco 157518 357,098.28 Sr Exec TDU 157528 2,114,240.48 Sr Exec Entex 157529 Sr Exec CEGT 157530 Sr Exec Field Srvs 157533 Sr Exec Properties 157534 Sr Exec Arkla 157535 Sr Exec Minnegasco 157536 Sr Exec 77 157537 Sr Exec 79 157538 Sr Exec 81 157539 Sr Exec 80 157540 Sr Exec 84 157541 Sr Exec 85 157542 Sr Exec 99 157543 Sr Exec Mgmt Srvs 157544 Sr Exec Genco 157545 1,141,711.17 HR Houston Electric 157557 1,759,223.23 HR Entex Common 157558 (123,777.19) HR CEGT 157559 (161,921.01) HR Field Srvs 157562 (36,513.73) HR Properties 157563 HR Arkla 157564 (81,177.84) HR Minnegasco 157565 (90,414.95) HR 77 157566 (18,148.20) HR 79 157567 (1,195.39) HR 81 157568 (108.67) HR 80 157569 (2,390.78) HR 84 157570 (26,515.93) HR 85 157571 (14,127.33) HR 99 157572 (4,672.88) HR Mgmt Srvs 157573 HR Genco 157574 808,278.01 Legal Houston Electr 157587 1,289,072.91 Legal Entex Common 157588 Legal CEGT 157589 Legal MRT 157590 3,008.63 Legal Field Srvs 157592 Legal Properties 157593 Legal Arkla 157594 Legal Minnegasco 157595 Legal 77 157596 Legal 80 157599 Legal 84 157600 Legal 85 157601 Legal 99 157602 Legal Mgmt Srvs 157603 Legal Genco 157604 1,021,545.39 Legal REII 157606 Legal Northwind 157609 Legal Stranded 157612 4,455.36 CERC ---- FIRST QTR 2003 SERVICES BILLED CNP GAS NATIONAL FROM CNP CORP TRANSMISSION CNP PIPELINE CNP FIELD FURNACE ARK/LA FINANCE CO SERVICES INC SERVICES, INC COMPANY CORP -- ------------ ------------- ------- ---- CORPORATE COSTS 0027 0033 0036 0040 0047 --------------- ---- ---- ---- ---- ---- Corp Legal State Relations Finance IT & SS Benchmarking Plant Acct. Admin Property Accounting Property Accounting State & Local Tax Property Tax Regulatory Reporting HR - Workforce Plann HR-Learning & Organi / Training HR-Arkla,Entex,Suppo HR-Arkla,Entex,Suppo Shared Services Communications Branding/Promotions Audit Services Comm TDU Comm Entex Comm CEGT 124,375.27 Comm Field Srvs 27,955.49 Comm Properties Comm Arkla Comm Minnegasco Comm 77 Comm 79 Comm 81 Comm 80 Comm 84 Comm 85 Comm 99 Comm Mgmt Srvs Comm Genco Sr Exec TDU Sr Exec Entex Sr Exec CEGT 396,353.58 Sr Exec Field Srvs 89,379.06 Sr Exec Properties Sr Exec Arkla Sr Exec Minnegasco Sr Exec 77 Sr Exec 79 Sr Exec 81 Sr Exec 80 Sr Exec 84 Sr Exec 85 Sr Exec 99 Sr Exec Mgmt Srvs Sr Exec Genco HR Houston Electric HR Entex Common HR CEGT 480,470.06 HR Field Srvs 95,428.00 HR Properties HR Arkla HR Minnegasco HR 77 HR 79 HR 81 HR 80 HR 84 HR 85 HR 99 HR Mgmt Srvs HR Genco Legal Houston Electr Legal Entex Common Legal CEGT 162,415.64 Legal MRT Legal Field Srvs 36,550.85 Legal Properties Legal Arkla Legal Minnegasco Legal 77 Legal 80 Legal 84 Legal 85 Legal 99 Legal Mgmt Srvs Legal Genco Legal REII Legal Northwind Legal Stranded CERC ---- UNIT GAS FIRST QTR 2003 SERVICES BILLED CENTERPOINT CNP INDUSTRIAL GAS LA UNIT GAS TRANSMISSION FROM CNP CORP ENERGY ARKLA MARKETING, INC SUPPLY TRANSMISSION CO ------------ -------------- ------ ------------ -- CORPORATE COSTS 0062 0077 0079 0080 0081 --------------- ---- ---- ---- ---- ---- Corp Legal State Relations Finance IT & SS (8,806.74) Benchmarking Plant Acct. Admin Property Accounting Property Accounting State & Local Tax Property Tax Regulatory Reporting HR - Workforce Plann HR-Learning & Organi / Training 1,500.00 HR-Arkla,Entex,Suppo HR-Arkla,Entex,Suppo Shared Services (17,754.48) Communications Branding/Promotions Audit Services Comm TDU Comm Entex Comm CEGT Comm Field Srvs Comm Properties Comm Arkla 177,751.63 Comm Minnegasco Comm 77 13,894.56 Comm 79 915.20 Comm 81 83.20 Comm 80 1,830.43 Comm 84 Comm 85 Comm 99 Comm Mgmt Srvs Comm Genco Sr Exec TDU Sr Exec Entex Sr Exec CEGT Sr Exec Field Srvs Sr Exec Properties Sr Exec Arkla 274,052.35 Sr Exec Minnegasco Sr Exec 77 61,267.37 Sr Exec 79 4,035.56 Sr Exec 81 366.88 Sr Exec 80 8,071.17 Sr Exec 84 Sr Exec 85 Sr Exec 99 Sr Exec Mgmt Srvs Sr Exec Genco HR Houston Electric HR Entex Common HR CEGT HR Field Srvs HR Properties HR Arkla 611,687.04 HR Minnegasco HR 77 39,164.68 HR 79 2,166.89 HR 81 196.99 HR 80 4,333.79 HR 84 HR 85 HR 99 HR Mgmt Srvs HR Genco Legal Houston Electr Legal Entex Common Legal CEGT Legal MRT Legal Field Srvs Legal Properties Legal Arkla 218,883.94 Legal Minnegasco Legal 77 6,944.24 Legal 80 2,294.03 Legal 84 Legal 85 Legal 99 Legal Mgmt Srvs Legal Genco Legal REII Legal Northwind Legal Stranded CERC ---- CNP GAS CNP FIRST QTR 2003 SERVICES BILLED CENTERPOINT RESOURCES LA TRANS DIV OF ALTERNATIVE FROM CNP CORP ENERGY ENTEX CORP. ENTEX FUELS INC ------------ ----- ----- --------- CORPORATE COSTS 0082 0084 0085 0086 --------------- ---- ---- ---- ---- Corp Legal State Relations Finance IT & SS Benchmarking Plant Acct. Admin Property Accounting 517.81 Property Accounting 510.41 State & Local Tax Property Tax Regulatory Reporting 2,332.00 HR - Workforce Plann HR-Learning & Organi / Training 700.00 HR-Arkla,Entex,Suppo (527.66) HR-Arkla,Entex,Suppo Shared Services Communications Branding/Promotions Audit Services Comm TDU Comm Entex 435,659.73 Comm CEGT Comm Field Srvs Comm Properties Comm Arkla Comm Minnegasco Comm 77 Comm 79 Comm 81 Comm 80 Comm 84 20,301.03 Comm 85 10,816.12 Comm 99 Comm Mgmt Srvs Comm Genco Sr Exec TDU Sr Exec Entex 417,865.62 Sr Exec CEGT Sr Exec Field Srvs Sr Exec Properties Sr Exec Arkla Sr Exec Minnegasco Sr Exec 77 Sr Exec 79 Sr Exec 81 Sr Exec 80 Sr Exec 84 89,516.43 Sr Exec 85 47,693.16 Sr Exec 99 Sr Exec Mgmt Srvs Sr Exec Genco HR Houston Electric HR Entex Common 969,550.28 HR CEGT HR Field Srvs HR Properties HR Arkla HR Minnegasco HR 77 HR 79 HR 81 HR 80 HR 84 48,065.75 HR 85 25,608.80 HR 99 HR Mgmt Srvs HR Genco Legal Houston Electr Legal Entex Common 691,547.68 Legal CEGT Legal MRT Legal Field Srvs Legal Properties Legal Arkla Legal Minnegasco Legal 77 Legal 80 Legal 84 4,588.06 Legal 85 764.68 Legal 99 Legal Mgmt Srvs Legal Genco Legal REII Legal Northwind Legal Stranded CERC ---- FIRST QTR 2003 SERVICES BILLED CNP GAS CNP ILLINOIS PINE PIPELINE MINNEGASCO FROM CNP CORP MARKETING CO GAS TRANS CO ACQUISITION (SS - INTERIM) ------------ ------------ ----------- -------------- CORPORATE COSTS 0099 0123 0124 9072 GRAND TOTAL --------------- ---- ---- ---- ---- ----------- Corp Legal 654.75 State Relations 13.76 Finance IT & SS (11,269.27) Benchmarking (1.92) Plant Acct. Admin (2.64) Property Accounting 517.81 Property Accounting 510.41 State & Local Tax (0.95) Property Tax (15.28) Regulatory Reporting 2,332.00 HR - Workforce Plann (2.80) HR-Learning & Organi / Training 5,900.00 HR-Arkla,Entex,Suppo (572.35) HR-Arkla,Entex,Suppo (57.65) Shared Services (17,754.48) Communications (1,029.00) Branding/Promotions (4,720.90) Audit Services (11.33) Comm TDU 779,421.20 Comm Entex 435,659.73 Comm CEGT 124,375.27 Comm Field Srvs 27,955.49 Comm Properties (0.00) Comm Arkla 177,751.63 Comm Minnegasco 154,776.94 154,776.94 Comm 77 13,894.56 Comm 79 915.20 Comm 81 83.20 Comm 80 1,830.43 Comm 84 20,301.03 Comm 85 10,816.12 Comm 99 3,577.62 3,577.62 Comm Mgmt Srvs (0.00) Comm Genco 357,098.28 Sr Exec TDU 2,114,240.48 Sr Exec Entex 417,865.62 Sr Exec CEGT 396,353.58 Sr Exec Field Srvs 89,379.06 Sr Exec Properties (0.00) Sr Exec Arkla 274,052.35 Sr Exec Minnegasco 305,236.35 305,236.35 Sr Exec 77 61,267.37 Sr Exec 79 4,035.56 Sr Exec 81 366.88 Sr Exec 80 8,071.17 Sr Exec 84 89,516.43 Sr Exec 85 47,693.16 Sr Exec 99 15,775.44 15,775.44 Sr Exec Mgmt Srvs (0.00) Sr Exec Genco 1,141,711.17 HR Houston Electric 1,759,223.23 HR Entex Common 845,773.09 HR CEGT 318,549.05 HR Field Srvs 58,914.27 HR Properties (0.00) HR Arkla 530,509.20 HR Minnegasco 519,475.40 429,060.45 HR 77 21,016.48 HR 79 971.50 HR 81 88.32 HR 80 1,943.01 HR 84 21,549.82 HR 85 11,481.47 HR 99 9,916.88 5,244.00 HR Mgmt Srvs (0.00) HR Genco 808,278.01 Legal Houston Electr 1,289,072.91 Legal Entex Common 691,547.68 Legal CEGT 162,415.64 Legal MRT 3,008.63 Legal Field Srvs 36,550.85 Legal Properties (0.00) Legal Arkla 218,883.94 Legal Minnegasco 156,214.13 156,214.13 Legal 77 6,944.24 Legal 80 2,294.03 Legal 84 4,588.06 Legal 85 764.68 Legal 99 1,529.35 1,529.35 Legal Mgmt Srvs (0.00) Legal Genco 1,021,545.39 Legal REII (0.00) Legal Northwind (0.00) Legal Stranded 4,455.36
TDU GENCO CERC --- ----- ---- CNP CNP FIRST QTR 2003 SERVICES BILLED CNP HOUSTON TEXAS GENCO, RESOURCES MISSISSIPPI FROM CNP CORP ELECTRIC, LLC LP CORP RIV TRANS ------------- ------------- -- ---- --------- SUM OF AMOUNT CO CODE CORPORATE COSTS SUMMARIZED CATEGORY 0003 0004 0016 0024 --------------- ------------------- ---- ---- ---- ---- Legal Fuel Rec 157613 40,171.68 FinanceTDU 157625 7,324,412.40 Finance Entex 157626 (273,312.22) Finance CEGT 27 157627 (48,783.04) Finance MRT 157628 8,256.89 Finance CEPS 33 157629 Finance Field Srvs 157630 (16,136.67) Finance Properties 157631 Finance Arkla 157632 (167,684.68) Finance Minnegasco 157633 (246,642.60) Finance 77 157634 (54,773.44) Finance 79 157635 Finance 81 157636 (1,920.27) Finance 80 157637 (12,501.37) Finance 84 157638 (296,720.64) Finance 85 157639 (11,528.15) Finance 99 157640 (79,464.18) Finance Mgmt Srvs 157641 Finance Genco 157642 3,849,840.82 Finance Noram 157643 6,993.86 Finance REII 157644 Finance STP 157645 12,957.07 Finance Products 157646 Finance Northwind 157647 Finance Entex Fuels 157649 Govt TDU 157659 1,395,138.44 Govt Entex 157660 Govt Genco 157669 704,938.47 Illinois Gas Transit 157802 National Furnance 40 157803 lou. Fin Co 47 157804 Funding Co 51 157805 MRT Holding 269 157806 131.81 Genco 271 157808 Legal Substation Imm 157818 1,248.50 Gas Receivable 157819 63,557.82 FinCo II GP (0163) 157820 Pine Pipeline (0124) 157821 CNP Power Systems 157823 ------------- ------------ ------------- --------- TOTAL CORPORATE COSTS 14,700,103.02 7,899,669.21 (1,699,747.67) 11,265.52 ------------- ------------ ------------- --------- CERC ---- FIRST QTR 2003 SERVICES BILLED CNP GAS NATIONAL FROM CNP CORP TRANSMISSION CNP PIPELINE CNP FIELD FURNACE ARK/LA FINANCE CO SERVICES INC SERVICES, INC COMPANY CORP -- ------------ ------------- ------- ---- CORPORATE COSTS 0027 0033 0036 0040 0047 --------------- ---- ---- ---- ---- ---- Legal Fuel Rec FinanceTDU Finance Entex Finance CEGT 27 1,203,113.93 Finance MRT Finance CEPS 33 10,763.70 Finance Field Srvs 285,195.33 Finance Properties Finance Arkla Finance Minnegasco Finance 77 Finance 79 Finance 81 Finance 80 Finance 84 Finance 85 Finance 99 Finance Mgmt Srvs Finance Genco Finance Noram Finance REII Finance STP Finance Products Finance Northwind Finance Entex Fuels Govt TDU Govt Entex Govt Genco Illinois Gas Transit National Furnance 40 450.39 lou. Fin Co 47 449.43 Funding Co 51 MRT Holding 269 Genco 271 Legal Substation Imm Gas Receivable FinCo II GP (0163) Pine Pipeline (0124) CNP Power Systems ------------ --------- ---------- ------ ------ TOTAL CORPORATE COSTS 2,366,728.48 10,763.70 534,508.73 450.39 449.43 ------------ --------- ---------- ------ ------ CERC ---- UNIT GAS FIRST QTR 2003 SERVICES BILLED CENTERPOINT CNP INDUSTRIAL GAS LA UNIT GAS TRANSMISSION FROM CNP CORP ENERGY ARKLA MARKETING, INC SUPPLY TRANSMISSION CO ------------ -------------- -------------- ------------ ------------ CORPORATE COSTS 0062 0077 0079 0080 0081 --------------- ---- ---- ---- ---- ---- Legal Fuel Rec FinanceTDU Finance Entex Finance CEGT 27 Finance MRT Finance CEPS 33 Finance Field Srvs Finance Properties Finance Arkla 1,454,051.82 Finance Minnegasco Finance 77 215,234.06 Finance 79 26,728.49 Finance 81 25,875.41 Finance 80 48,993.14 Finance 84 Finance 85 Finance 99 Finance Mgmt Srvs Finance Genco Finance Noram Finance REII Finance STP Finance Products Finance Northwind Finance Entex Fuels Govt TDU Govt Entex Govt Genco Illinois Gas Transit National Furnance 40 lou. Fin Co 47 Funding Co 51 MRT Holding 269 Genco 271 Legal Substation Imm Gas Receivable FinCo II GP (0163) Pine Pipeline (0124) CNP Power Systems ------------ ---------- --------- --------- --------- TOTAL CORPORATE COSTS 2,711,365.56 336,504.91 33,846.14 65,522.56 26,522.48 ------------ ---------- --------- --------- --------- CERC ---- CNP GAS CNP FIRST QTR 2003 SERVICES BILLED CENTERPOINT RESOURCES LA TRANS DIV OF ALTERNATIVE FROM CNP CORP ENERGY ENTEX CORP. ENTEX FUELS INC ------------ ----- ----- --------- CORPORATE COSTS 0082 0084 0085 0086 --------------- ---- ---- ---- ---- Legal Fuel Rec FinanceTDU Finance Entex 3,185,459.82 Finance CEGT 27 Finance MRT Finance CEPS 33 Finance Field Srvs Finance Properties Finance Arkla Finance Minnegasco Finance 77 Finance 79 Finance 81 Finance 80 Finance 84 748,444.30 Finance 85 99,503.03 Finance 99 Finance Mgmt Srvs Finance Genco Finance Noram Finance REII Finance STP Finance Products Finance Northwind Finance Entex Fuels 564.70 Govt TDU Govt Entex 77,169.74 Govt Genco Illinois Gas Transit National Furnance 40 lou. Fin Co 47 Funding Co 51 MRT Holding 269 Genco 271 Legal Substation Imm Gas Receivable FinCo II GP (0163) Pine Pipeline (0124) CNP Power Systems ------------ ---------- --------- ------ TOTAL CORPORATE COSTS 5,780,785.43 910,915.57 184,385.79 564.70 ------------ ---------- --------- ------ CERC ---- FIRST QTR 2003 SERVICES BILLED CNP GAS CNP ILLINOIS PINE PIPELINE MINNEGASCO FROM CNP CORP MARKETING CO GAS TRANS CO ACQUISITION (SS - INTERIM) ------------ ------------ ----------- -------------- CORPORATE COSTS 0099 0123 0124 9072 GRAND TOTAL --------------- ---- ---- ---- ---- ----------- Legal Fuel Rec 40,171.68 FinanceTDU 7,324,412.40 Finance Entex 2,912,147.60 Finance CEGT 27 1,154,330.89 Finance MRT 8,256.89 Finance CEPS 33 10,763.70 Finance Field Srvs 269,058.66 Finance Properties (0.00) Finance Arkla 1,286,367.14 Finance Minnegasco 1,143,441.37 896,798.77 Finance 77 160,460.62 Finance 79 26,728.49 Finance 81 23,955.14 Finance 80 36,491.77 Finance 84 451,723.66 Finance 85 87,974.88 Finance 99 164,143.82 84,679.64 Finance Mgmt Srvs (0.00) Finance Genco 3,849,840.82 Finance Noram 6,993.86 Finance REII (0.00) Finance STP 12,957.07 Finance Products (0.00) Finance Northwind (0.00) Finance Entex Fuels 564.70 Govt TDU 1,395,138.44 Govt Entex 77,169.74 Govt Genco 704,938.47 Illinois Gas Transit 472.25 472.25 National Furnance 40 450.39 lou. Fin Co 47 449.43 Funding Co 51 (0.00) MRT Holding 269 131.81 Genco 271 413.08 413.08 Legal Substation Imm 1,248.50 Gas Receivable 63,557.82 FinCo II GP (0163) (0.00) Pine Pipeline (0124) 424.46 424.46 CNP Power Systems (0.00) ---------- ------ ------ ------------ ------------- TOTAL CORPORATE COSTS 195,356.19 472.25 424.46 2,279,144.19 36,350,001.04 ---------- ------ ------ ------------ -------------
TDU GENCO CERC --- ----- ---- CNP CNP FIRST QTR 2003 SERVICES BILLED CNP HOUSTON TEXAS GENCO, RESOURCES MISSISSIPPI FROM CNP CORP ELECTRIC, LLC LP CORP RIV TRANS ------------- ------------- -- ---- --------- Sum of Amount Co Code ------------- ------- SUPPORT SERVICES SUMMARIZED CATEGORY 0003 0004 0016 0024 ---------------- ------------------- ---- ---- ---- ---- FM CORP RE & FM MGR 156101 (2.64) FM PROJECT MANAGEMENT 156102 27,817.94 FM BLDG OPN - N ZONE 156105 FM BLDG OPN - C ZONE 156106 (1,620.76) FM BLDG OPN - S ZONE 156107 (608.37) FM 1111 LOUISIANA 156108 (216.39) FM IBSC Facility 156109 FM ECDC 156111 OSS OFFICE SERV MGMT 156130 (8.15) OSS HOU MAIL SRVS 156132 (3.68) OSS RECORD ARCHIVES 156135 (285.92) P&L LDC Purchasing 156146 (1.83) P&L Gas Distrib Mgr 156147 (2.64) P&L CORP PURCH 156148 (2.67) P&L CORP PURCH MGR 156150 (1.76) P&L E:Procurement 156151 (2.80) P&L SUPPLIER DIVERS. 156152 (27.10) SEC SECURITY MGR 156160 SEC Cen Monitor/Patr 156161 (649.24) SEC Central Monitor 156162 SS SH SRVS ADMIN 156171 SS Houston Electric 157738 1,372,127.64 SS Entex Common 157739 SS Entex Metro 157740 SS Entex Rural 157741 SS Pipelines 157742 SS Field Srvs 157743 SS Properties 157744 SS Arkla 157745 SS Minnegasco 157746 SS 77 157747 SS 99 157748 SS Mgmt Srvs 157749 SS Genco 157750 448,744.28 SS - to Reliant Resources Inc SS - to Reliant Resources Inc - ---------------------- ------------ ---------- ------ ------ TOTAL SUPPORT SERVICES 1,396,511.63 448,744.28 (0.00) (0.00) - ---------------------- ------------ ---------- ------ ------ CERC ---- CNP GAS NATIONAL FIRST QTR 2003 SERVICES BILLED TRANSMISSION CNP PIPELINE CNP FIELD FURNACE ARK/LA FINANCE CENTERPOINT FROM CNP CORP CO SERVICES INC SERVICES, INC COMPANY CORP ENERGY ARKLA ------------- -- ------------ ------------- ------- ---- ------------ Co Code ------- SUPPORT SERVICES 0027 0033 0036 0040 0047 0062 ---------------- ---- ---- ---- ---- ---- ---- FM CORP RE & FM MGR 3,082.07 FM PROJECT MANAGMENT (28,938.82) 3,801.60 FM BLDG OPN - N ZONE FM BLDG OPN - C ZONE FM BLDG OPN - S ZONE FM 1111 LOUISIANA FM IBSC Facility FM ECDC OSS OFFICE SERV MGMT 5,165.74 OSS HOU MAIL SRVS OSS RECORD ARCHIVES P&L LDC Purchasing P&L Gas Distrib Mgr P&L CORP PURCH P&L CORP PURCH MGR P&L E:Procurement P&L SUPPLIER DIVERS. SEC SECURITY MGR SEC Cen Monitor/Patr SEC Central Monitor SS SH SRVS ADMIN 6,463.41 SS Houston Electric SS Entex Common SS Entex Metro SS Entex Rural SS Pipelines 160,340.81 SS Field Srvs 45,523.02 SS Properties SS Arkla 636,775.00 SS Minnegasco SS 77 SS 99 SS Mgmt Srvs SS Genco SS - to Reliant Resources Inc (6,887.00) - ---------------------- ---------- ------ --------- ------ ------ ---------- TOTAL SUPPORT SERVICES 131,401.99 (0.00) 45,523.02 (0.00) (0.00) 648,400.82 - ---------------------- ---------- ------ --------- ------ ------ ---------- CERC ---- CNP GAS FIRST QTR 2003 SERVICES BILLED CNP INDUSTRIAL GAS LA UNIT GAS UNIT GAS CENTERPOINT RESOURCES FROM CNP CORP MARKETING, INC SUPPLY TRANSMISSION TRANSMISSION CO ENERGY ENTEX CORP. ------------- -------------- ------ ------------ --------------- ------------ ----- Co Code ------- SUPPORT SERVICES 0077 0079 0080 0081 0082 0084 ---------------- ---- ---- ---- ---- ---- ---- FM CORP RE & FM MGR FM PROJECT MANAGMENT 6,566.40 FM BLDG OPN - N ZONE FM BLDG OPN - C ZONE FM BLDG OPN - S ZONE FM 1111 LOUISIANA FM IBSC Facility FM ECDC OSS OFFICE SERV MGMT OSS HOU MAIL SRVS OSS RECORD ARCHIVES P&L LDC Purchasing P&L Gas Distrib Mgr P&L CORP PURCH P&L CORP PURCH MGR P&L E:Procurement P&L SUPPLIER DIVERS. SEC SECURITY MGR SEC Cen Monitor/Patr SEC Central Monitor SS SH SRVS ADMIN SS Houston Electric SS Entex Common 1,059,610.17 SS Entex Metro 135,192.11 SS Entex Rural 60,985.34 SS Pipelines SS Field Srvs SS Properties SS Arkla SS Minnegasco SS 77 10,694.73 SS 99 SS Mgmt Srvs SS Genco SS - to Reliant Resources Inc - ---------------------- --------- ------ ------ ------ ------------ ------ TOTAL SUPPORT SERVICES 10,694.73 (0.00) (0.00) (0.00) 1,262,354.02 (0.00) - ---------------------- --------- ------ ------ ------ ------------ ------ CERC ---- CNP FIRST QTR 2003 SERVICES BILLED LA TRANS DIV OF ALTERNATIVE CNP GAS CNP ILLINOIS PINE PIPELINE MINNEGASCO FROM CNP CORP ENTEX FUELS INC MARKETING CO GAS TRANS CO ACQUISITION (SS - INTERIM) ------------- ----- --------- ------------ ------------ ----------- -------------- Co Code ------- SUPPORT SERVICES 0085 0086 0099 0123 0124 9072 ---------------- ---- ---- ---- ---- ---- ---- FM CORP RE & FM MGR FM PROJECT MANAGMENT FM BLDG OPN - N ZONE FM BLDG OPN - C ZONE FM BLDG OPN - S ZONE FM 1111 LOUISIANA FM IBSC Facility FM ECDC OSS OFFICE SERV MGMT OSS HOU MAIL SRVS OSS RECORD ARCHIVES P&L LDC Purchasing P&L Gas Distrib Mgr P&L CORP PURCH P&L CORP PURCH MGR P&L E:Procurement P&L SUPPLIER DIVERS. SEC SECURITY MGR SEC Cen Monitor/Patr SEC Central Monitor SS SH SRVS ADMIN SS Houston Electric SS Entex Common SS Entex Metro SS Entex Rural SS Pipelines SS Field Srvs SS Properties SS Arkla SS Minnegasco 123,807.78 SS 77 SS 99 1,157.11 SS Mgmt Srvs SS Genco SS - to Reliant Resources Inc - ---------------------- ------ ------ -------- ------ ------ ---------- TOTAL SUPPORT SERVICES (0.00) (0.00) 1,157.11 (0.00) (0.00) 123,807.78 - ---------------------- ------ ------ -------- ------ ------ ---------- GRAND TOTAL ----------- FM CORP RE & FM MGR 3,079.43 FM PROJECT MANAGMENT 9,247.12 FM BLDG OPN - N ZONE (0.00) FM BLDG OPN - C ZONE (1,620.76) FM BLDG OPN - S ZONE (608.37) FM 1111 LOUISIANA (216.39) FM IBSC Facility (0.00) FM ECDC (0.00) OSS OFFICE SERV MGMT 5,157.59 OSS HOU MAIL SRVS (3.68) OSS RECORD ARCHIVES (285.92) P&L LDC Purchasing (1.83) P&L Gas Distrib Mgr (2.64) P&L CORP PURCH (2.67) P&L CORP PURCH MGR (1.76) P&L E:Procurement (2.80) P&L SUPPLIER DIVERS. (27.10) SEC SECURITY MGR (0.00) SEC Cen Monitor/Patr (649.24) SEC Central Monitor (0.00) SS SH SRVS ADMIN 6,463.41 SS Houston Electric 1,372,127.64 SS Entex Common 1,059,610.17 SS Entex Metro 135,192.11 SS Entex Rural 60,985.34 SS Pipelines 160,340.81 SS Field Srvs 45,523.02 SS Properties (0.00) SS Arkla 636,775.00 SS Minnegasco 123,807.78 SS 77 10,694.73 SS 99 1,157.11 SS Mgmt Srvs (0.00) SS Genco 448,744.28 SS - to Reliant Resources Inc (6,887.00) - ---------------------- ------------ TOTAL SUPPORT SERVICES 4,068,595.38 - ---------------------- ------------
TDU GENCO CERC --- ----- ---- CNP CNP FIRST QTR 2003 SERVICES BILLED CNP HOUSTON TEXAS GENCO, RESOURCES MISSISSIPPI FROM CNP CORP ELECTRIC, LLC LP CORP RIV TRANS ------------- ------------ --------- ------------ Sum of Amount Co Code ------------- ------- INFORMATION TECHNOLOGY SUMMARIZED CATEGORY 0003 0004 0016 0024 - ---------------------- ------------------- ---- ---- ---- ---- IT ADMINISTRATION 156200 (40,021.39) IT NCS LAN SERVICES 156202 (1.91) IT NCS ENTERPRISE OP 156203 (54.00) IT NCS NTWK PLNG 156204 (16,883.23) IT SD SAP ADMIN 156210 (70.59) IT NCS SEC/DIS REC 156215 (5.73) IT SD STRAT DATA SVS 156216 (7.84) IT NCS DESKTOP ADM 156219 (10.58) IT DESKTOP SITE SUP 156222 (1,231.62) CNP TDU 156226 (3.76) IT NCS TCOM-BUS DEV 156232 (3,851.18) IT SD TOOLS SUPPORT 156240 (1.91) IT SD E-BUSINESS 156242 (281.68) IT MF Data Storage 156246 IT Mainframe CPU 156248 IT Call Cntr-Basic 156250 (0.88) IT Data Circuit Mgmt 156251 (21,045.53) IT Tele - Basic Line 156256 (2,176.08) IT Voice Services 156278 (498.98) IT Problem Mgmt 156281 (19.52) IT Houston Electric 157689 9,947,011.91 IT Bus Dev 157691 289,859.44 IT Entex Common 157692 IT Entex Metro 157693 IT Entex Rural 157694 IT Pipelines 157695 IT Arkla 157696 IT Minnegasco 157697 IT C&I 157698 IT Mgmt Srvs 157699 IT Genco 157700 1,103,994.63 IT Houston Electric 157760 6,471.85 IT Houston Electric 157761 153,382.17 IT Houston Electric 157763 70,576.67 IT Houston Electric 157764 4,665.87 IT Customer Care 90 157769 3,853,177.03 IT Entex Common 903 157779 IT Metered Houston E 157790 94,756.25 IT Metered Houston E 157791 94,756.16 IT Baseline Support IT Baseline Support 527.34 IT Misc Services IT Misc Services 351.57 IT SAP IT SAP ------------- ------------ ------------- --------- TOTAL INFORMATION TECHNOLOGY 14,429,369.85 1,103,994.63 (0.00) (0.00) ------------- ------------ ------------- --------- ------------- ------------ ------------- --------- GRAND TOTAL 30,525,984.50 9,452,408.12 (1,699,747.67) 11,265.52 ------------- ------------ ------------- --------- CERC ---- CNP GAS NATIONAL FIRST QTR 2003 SERVICES BILLED TRANSMISSION CNP PIPELINE CNP FIELD FURNACE ARK/LA FINANCE FROM CNP CORP CO SERVICES INC SERVICES, INC COMPANY CORP ------------ ------------ ------------- -------- -------------- INFORMATION TECHNOLOGY 0027 0033 0036 0040 0047 - ---------------------- ---- ---- ---- ---- ---- IT ADMINISTRATION IT NCS LAN SERVICES IT NCS ENTERPRISE OP IT NCS NTWK PLNG IT SD SAP ADMIN IT NCS SEC/DIS REC IT SD STRAT DATA SVS IT NCS DESKTOP ADM IT DESKTOP SITE SUP CNP TDU IT NCS TCOM-BUS DEV IT SD TOOLS SUPPORT IT SD E-BUSINESS IT MF Data Storage IT Mainframe CPU IT Call Cntr-Basic IT Data Circuit Mgmt IT Tele - Basic Line IT Voice Services IT Problem Mgmt IT Houston Electric IT Bus Dev IT Entex Common IT Entex Metro IT Entex Rural IT Pipelines 2,154,698.67 IT Arkla IT Minnegasco IT C&I IT Mgmt Srvs IT Genco IT Houston Electric IT Houston Electric IT Houston Electric IT Houston Electric IT Customer Care 90 IT Entex Common 903 IT Metered Houston E IT Metered Houston E IT Baseline Support IT Misc Services IT SAP ------------ --------- ---------- ------ ------ TOTAL INFORMATION TECHNOLOGY 2,154,698.67 (0.00) (0.00) (0.00) (0.00) ------------ --------- ---------- ------ ------ ------------ --------- ---------- ------ ------ 4,652,829.14 10,763.70 580,031.75 450.39 449.43 ------------ --------- ---------- ------ ------ CERC ---- UNIT GAS FIRST QTR 2003 SERVICES BILLED CENTERPOINT CNP INDUSTRIAL GAS LA UNIT GAS TRANSMISSION FROM CNP CORP ENERGY ARKLA MARKETING, INC SUPPLY TRANSMISSION CO ------------ -------------- -------------- ------------ ------------ INFORMATION TECHNOLOGY 0062 0077 0079 0080 0081 - ---------------------- ---- ---- ---- ---- ---- IT ADMINISTRATION IT NCS LAN SERVICES IT NCS ENTERPRISE OP IT NCS NTWK PLNG (140.09) IT SD SAP ADMIN IT NCS SEC/DIS REC IT SD STRAT DATA SVS IT NCS DESKTOP ADM IT DESKTOP SITE SUP CNP TDU IT NCS TCOM-BUS DEV IT SD TOOLS SUPPORT IT SD E-BUSINESS IT MF Data Storage (941.77) IT Mainframe CPU (37,497.98) IT Call Cntr-Basic IT Data Circuit Mgmt IT Tele - Basic Line IT Voice Services IT Problem Mgmt IT Houston Electric IT Bus Dev IT Entex Common IT Entex Metro IT Entex Rural IT Pipelines IT Arkla 1,959,433.59 IT Minnegasco IT C&I 28,933.53 28,933.53 28,953.79 28,933.53 IT Mgmt Srvs IT Genco IT Houston Electric IT Houston Electric IT Houston Electric IT Houston Electric IT Customer Care 90 IT Entex Common 903 IT Metered Houston E IT Metered Houston E IT Baseline Support IT Misc Services IT SAP 439.45 ------------ ---------- --------- --------- --------- TOTAL INFORMATION TECHNOLOGY 1,921,293.20 28,933.53 28,933.53 28,953.79 28,933.53 ------------ ---------- --------- --------- --------- ------------ ---------- --------- --------- --------- 5,281,059.58 376,133.17 62,779.67 94,476.35 55,456.01 ------------ ---------- --------- --------- --------- CERC ---- CNP GAS CNP FIRST QTR 2003 SERVICES BILLED CENTERPOINT RESOURCES LA TRANS DIV OF ALTERNATIVE CNP GAS FROM CNP CORP ENERGY ENTEX CORP. ENTEX FUELS INC MARKETING CO ------------ --------- --------------- ----------- ------------ INFORMATION TECHNOLOGY 0082 0084 0085 0086 0099 - ---------------------- ---- ---- ---- ---- ---- IT ADMINISTRATION IT NCS LAN SERVICES IT NCS ENTERPRISE OP IT NCS NTWK PLNG IT SD SAP ADMIN IT NCS SEC/DIS REC IT SD STRAT DATA SVS IT NCS DESKTOP ADM IT DESKTOP SITE SUP CNP TDU IT NCS TCOM-BUS DEV IT SD TOOLS SUPPORT IT SD E-BUSINESS IT MF Data Storage IT Mainframe CPU IT Call Cntr-Basic IT Data Circuit Mgmt (8,224.03) IT Tele - Basic Line IT Voice Services IT Problem Mgmt IT Houston Electric IT Bus Dev IT Entex Common 1,903,637.54 IT Entex Metro 653,793.15 IT Entex Rural 430,331.38 IT Pipelines IT Arkla IT Minnegasco IT C&I 28,953.79 28,953.79 28,953.79 IT Mgmt Srvs IT Genco IT Houston Electric IT Houston Electric IT Houston Electric IT Houston Electric IT Customer Care 90 IT Entex Common 903 233,579.12 IT Metered Houston E IT Metered Houston E IT Baseline Support IT Misc Services 5,377.58 IT SAP ------------- ---------- ---------- ------ ---------- TOTAL INFORMATION TECHNOLOGY 3,218,494.74 28,953.79 28,953.79 (0.00) 28,953.79 ------------- ---------- ---------- ------ ---------- ------------- ---------- ---------- ------ ---------- 10,261,634.19 939,869.36 213,339.58 564.70 225,467.09 ------------- ---------- ---------- ------ ---------- CERC ---- FIRST QTR 2003 SERVICES BILLED CNP ILLINOIS PINE PIPELINE MINNEGASCO FROM CNP CORP GAS TRANS CO ACQUISITION (SS - INTERIM) ------------ ------------- -------------- INFORMATION TECHNOLOGY 0123 0124 9072 GRAND TOTAL - ---------------------- ---- ---- ---- ----------- IT ADMINISTRATION (40,021.39) IT NCS LAN SERVICES (1.91) IT NCS ENTERPRISE OP (54.00) IT NCS NTWK PLNG (17,023.32) IT SD SAP ADMIN (70.59) IT NCS SEC/DIS REC (5.73) IT SD STRAT DATA SVS (7.84) IT NCS DESKTOP ADM (10.58) IT DESKTOP SITE SUP (1,231.62) CNP TDU (3.76) IT NCS TCOM-BUS DEV (3,851.18) IT SD TOOLS SUPPORT (1.91) IT SD E-BUSINESS (281.68) IT MF Data Storage (941.77) IT Mainframe CPU (37,497.98) IT Call Cntr-Basic (0.88) IT Data Circuit Mgmt (29,269.56) IT Tele - Basic Line (2,176.08) IT Voice Services (498.98) IT Problem Mgmt (19.52) IT Houston Electric 9,947,011.91 IT Bus Dev 289,859.44 IT Entex Common 1,903,637.54 IT Entex Metro 653,793.15 IT Entex Rural 430,331.38 IT Pipelines 2,154,698.67 IT Arkla 1,959,433.59 IT Minnegasco 2,004,561.02 2,004,561.02 IT C&I 202,615.75 IT Mgmt Srvs (0.00) IT Genco 1,103,994.63 IT Houston Electric 6,471.85 IT Houston Electric 153,382.17 IT Houston Electric 70,576.67 IT Houston Electric 4,665.87 IT Customer Care 90 3,853,177.03 IT Entex Common 903 233,579.12 IT Metered Houston E 94,756.25 IT Metered Houston E 94,756.16 IT Baseline Support 527.34 IT Misc Services 5,729.15 IT SAP 439.45 ------ ------ ------------ ------------- TOTAL INFORMATION TECHNOLOGY (0.00) (0.00) 2,004,561.02 25,035,027.86 ------ ------ ------------ ------------- ------ ------ ------------ ------------- 472.25 424.46 4,407,512.99 65,453,624.28 ------ ------ ------------ ------------- Positive amount = billed amount by co 0002 Negative amount = receivable amount from co 0002 Excluded Companies (1,031,256.69) Excluded Expense Orders (16,370.22) Excluded Capital WBS (330,304.68) Excluded Capital Orders 908,451.03 Excluded Primaries (117,789.30) ------------- Ties to Quarterly Overview of Cost Flows 66,040,894.14 =============