european financial operations monthly update august 2000 forwarded shona wilson na enron 09 15 2000 12 28 pm lisa fair ect 09 15 2000 03 52 alex holland lon ect ect andrew cornfield lon ect ect anna rafalska war ect ect anne hicks lon ect ect anthony key lon ect ect attila toth eu enron enron barry sangster lon ect ect berit lokken osl ect ect beth apollo lon ect ect brent price hou ect ect caroline lothian lon ect ect caroline saffell lon ect ect chris dodds lon ect ect clair fowler lon ect ect claire wright lon ect ect clinton wee lon ect ect craig brown lon ect ect david port market risk corp enron enron denise hudson lon ect ect donnah blake lon ect ect erika moore lon ect ect fernley dyson lon ect ect ian sloman lon ect ect ingrid morse lon ect ect jan erland bekeng osl ect ect janine juggins lon ect ect joane saunders lon ect ect john paskin lon ect ect kris trevilyan lon ect ect lisa fair lon ect ect madeline fox lon ect ect martin burchett lon ect ect matthew landy lon ect ect michael destefano corp enron enron michael heap lon ect ect mike wellings lon ect ect moira brown lon ect ect naomi connell lon ect ect neil r anderson lon ect ect niall dore lon ect ect philip schumacher lon ect ect rajen shah lon ect ect ralph jaeger fra ect ect richard sage lon ect ect sarah pearmain lon ect ect stephane hue lon ect ect tina ward lon ect ect victoria arthur lon ect ect stephen wood lon ect ect jane joyce lon ect ect michael heap lon ect ect ross sankey lon ect ect hans mart groen lon ect ect dean randle lon ect ect melissa laing lon ect ect shona wilson na enron enron james britton lon ect ect angela brown lon ect ect nigel grace eu enron enron lucy greggains lon ect ect rebecca morrill lon ect ect doug imrie lon ect ect sam kemp lon ect ect cc subject european financial operations monthly update august 2000 european financial operations monthly update august 2000 1 management overview sap implemented frankfurt spanish controller paulino martinez bernal started 2 european office summary summary enron europe remote office activities updated include enron metals locations updated recent announcements concerning japan australia please inform lisa fair changes need made anyone else included distribution list norway oslo started invoice weather counterparties applying mtm accounting weather book month end july finished time still trying recruit new person accounts payable sweden stockholm 1 metals person seeking relocate stockholm office finland helsinki germany frankfurt sap live lst august 2000 significant hiccups incurred aa review 1999 enron energie accounts started mobile phone policy implemented transfer pricing agreement ectrl enron energie drafted hamburg frankfurt mg metals recycling acquisition 2 additional yards expand mgmr scrap business pending awaiting enron approval mg process mapping control review carried frankfurt hamburg changing structure frankfurt office trading office origination office hamburg rudolf wolff new company enron metals germany gmbh set acquired assets employees changing structure trading office origination office switzerland zurich office search ongoing transfer pricing agreement ectrl enron energie schweiz drafted rheine wind head office placed rheine frankfurt assisting recruitment finance director bookkeeper lugano back office integration planned started systems assessed redesigned move new office due q 4 spain madrid spanish controller paulino martinez bernal started aug 24 th mg brokerage 1 employee move madrid office sept 4 directo first invoices run early sept new cost allocation processes based frankfurt model implemented october month end recruiting directo accountant enron wind espana manufacteuring facility went live toledo 15 june 12 admin management employees still located madrid office arcos power plant looking partners currently 100 enron construction expected start q 4 ql portugal lisbon accounting outsourcing moved aa pwc ees portugal lda global outsourcing contract pwc holland amsterdam new office pending new employees recruited cost profit centers reorganised management accounts france paris italy milan project caramella joint development agreement drafted local italien consortium land option potential power plant deal delays office opening due problems finding suitable local property romania pe gas joint venture bucharest office new accounting software still fine tuned local developers second release settlements system assessed implementation date scheduled seven big customers taking gas pegas since beginning month enron romania bank account citibank romania opened september gas imports expected october 2000 replace shortages local gas delivered poland warsaw moved new office 1999 audit date fee agreed aa russia moscow