allocated turbine jeff sommers sort next week original message kitchen louise sent wednesday march 28 2001 12 42 pm colwell wes subject allocated turbine thoughts forwarded louise kitchen hou ect 03 28 2001 12 41 pm james hughes enron enronxgate 03 28 2001 07 52 louise kitchen hou ect ect cc wes colwell enron enronxgate jeffrey e sommers enron enronxgate mariella mahan enron _ development enron _ development subject allocated turbine louise need know two things 1 carrying costs expensed jan 1 2 commercial value turbine value turbine really understand allocating costs business unit turbine order create illusion profitable transaction also need know basis agreement calme agreed bear carrying costs project supposedly related dead several years jim original message kitchen louise sent wednesday march 28 2001 8 42 hughes james cc colwell wes subject allocated turbine think found turbine causing accounting issues westinghouse 501 5 good news commercial point view looked external issues worry allocation issues would propose notify accountants following ena assume nominal cost turbine jan 1 01 exclusive carrying costs date jan 1 forward ena assume full responsibility carrying costs continuing payment obligations purchase contract westinghouse nominal cost turbine jan 1 01 exclusive carrying costs 22 947 599 amount propose ena assume respect turbine carrying cost jan 1 assumed calme ega 2 055 330 amount reflects actual carrying charges imposed enron corp calme ega based upon payments made westinghouse purchase agreement continuing payment obligation assumed ena purchase contract westinghouse 1 558 401 amount reflects actual final payment due contract due commercial operations think clear accounting issues wes deal sorting allocations wes please sort unless jim problems methodology thanks louise