sec information earnings restatement today released additional information related party balance sheet transactions made information available website form 8 k filing securities exchange commission sec information provides details 1 2 billion charge shareholders equity announced third quarter transactions related charge restatement prior years financial statements reflect reduction shareholders equity consolidation three entities prior year proposed audit adjustments reclassifications special committee appointed enron board directors review transactions enron related parties ljm limited partnerships including discussion transactions enron ljm entities transactions enron enron employees information addresses number concerns raised shareholders sec board new special committee continues review various matters continue cooperate fully sec investigation continue respond investor requests evaluate appreciate appropriately value strength core businesses restatement earnings based information recently obtained enron auditors determined certain balance sheet entities included enron consolidated financial statements pursuant generally accepted accounting principles result enron restate financial statements 1997 2000 first second quarters 2001 restatements material effect enron current financial position details included filing net income period impacted retroactive consolidation joint energy development investments jedi chewco beginning november 1997 consolidation ljml subsidiary 1999 2000 prior year proposed audit adjustments enron current assessment indicates restatement include reduction approximately 96 million 1997 reduction approximately 113 million 1998 reduction approximately 250 million 1999 reduction approximately 132 million 2000 increase approximately 17 million first quarter 2001 increase approximately 5 million second quarter 2001 reduction 17 million third quarter 2001 consolidation jedi chewco also increase enron debt approximately 711 million 1997 561 million 1998 685 million 1999 628 million 2000 restatement material impact enron reported earnings nine month period ending september 2001 obtain detailed information items described accessing form 8 k filing continue review strategic operational financial position continue keep updated developments