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Enron Europe

Enron Europe. E-mail your questions to Enron Europe Office of the Chairman prior to and during the presentation or dial direct into the Auditorium - ext 30550. All Staff Update 20 July 2000. Joe Gold. Agenda. 10:00 Introduction & Enron Joe Gold Europe Update

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Enron Europe

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  1. Enron Europe • E-mail your questions to Enron Europe Office of the Chairman prior to and during the presentationor dial direct into the Auditorium - ext 30550 All Staff Update 20 July 2000

  2. Joe Gold Agenda 10:00 Introduction & Enron Joe Gold Europe Update 10:10 Enron Corp Ken Lay - Business Highlights 10:25 New Procurement to Beth Apollo, Payment (P2P) Initiative Sam Kemp 10:35 Q & A Ken Lay, Joe Gold

  3. Joe Gold How to Submit a Question • E-mail your questions to Enron Europe Office of the Chairman during the presentation • Dial direct into the Auditorium - ext 30550...OR • …Shout out at the end - don’t be afraid!

  4. Joe Gold Second Quarter ReviewEnron Europe Limited Joe Gold

  5. Joe Gold Natural Gas Power Coal Crude & Products Weather Pulp and Paper Metals Enron’s European Network Strategy • Establish Europe’s Leading Energy Network • Capture Sustainable First Mover Advantage • Extend the Network • Strong, Competitive Position in High Growth Markets • Exploit the Network • Create Significant Value to Enron and its Customers

  6. Joe Gold Metals UK   Sale of Sutton Bridge Power Station Landmark coal supply contract with British Energy  Acquisition of MG plc EBS  Live web-cast coverage of Wimbledon Tennis Championship EES  Continental  1 July launch of Enron Directo in Spain Acquisition of ERPAG Strategic alliance with Swiss CityPower A.G. Arcos de la Frontera awarded environmental permit and administrative authorisation   Snapshot of Enron EuropeAccomplishments

  7. Joe Gold Continent NordicRegion U.K. Enron Europe Volume and Transaction Growth Total Volumes* (BBtue/d) Power Volumes* (BBtue/d) Gas Volumes(BBtue/d) No. of Transactionsper day 3,725 Power Gas 9,640 206 5,915 190 95 63 6,980 4,552 2,428 40 34 1,550 4,051 2,501 1,236 87 66 24 77 2,269 2 1,033 17 25 10 25 14 Q12000 Q22000 Q12000 Q22000 Q12000 Q22000 Q12000 Q22000 1998 1999 1998 1999 1998 1999 1998 1999 * Physical and Financial Note: In the U.K and parts of Europe, volumes are physically transported by the national grid operators and financially settled by energy service providers.

  8. Beth Apollo / Sam Kemp New Procurementto Payment(P2P) Initiative Beth Apollo / Sam Kemp

  9. Beth Apollo / Sam Kemp Procurement Process Buying Strategy • Work with Enron Europe units to determine needs • Consolidate vendors where possible • Negotiate advantageous terms for Enron with vendors • Policy Setting • Contract and maintain portfolio of preferred providers • Work with Houston group to ensure European Benefits • Achieve greater cost transparency • Electronic Commerce • Transaction/Processing oriented • Invoice Consolidation • Promote use of purchase orders • Paperless • Approvals Process • Order Taking • Goods Receipt Regular communication withthe entire company on opportunities to save!

  10. Beth Apollo / Sam Kemp Why a Dedicated Procurement Organisation? • Enron Europe has reached cost “Critical Mass” • Improve cost / price transparency throughout the organisation • Attention on “New Economy” practices including purchasing tools and paperless office.

  11. Beth Apollo / Sam Kemp “Critical Mass” * includes both forecasted capital and expense amounts

  12. Beth Apollo / Sam Kemp Potential Opportunity Within Travel • Area of Focus: • Continental Airlines Houston/London Route Current Spend/Background: • $2,800,000 per year • 73% Business class, average costs £3,500 • 27% Coach, average cost £1,000 Quick wins • Pre-purchased Business class tickets £2,500 (potential savings of £300k+) • Early bookings for flights and hotels

  13. Beth Apollo / Sam Kemp Improving Cost / Price Transparency • Develop improved processes, systems and policy • Review key supplier relationships: • Within Enron Europe • Integrate with Global Strategic Sourcing group • Help employees make informed buying decisions • Improve accountability and ownership

  14. Beth Apollo / Sam Kemp New Economy Practices • Launch eAPW (Accounts Payable Workflow) • Develop and launch eBUY

  15. Beth Apollo / Sam Kemp eAPW (Accounts Payable Workflow) • Paperless / Invoice imaging / Automated authorisation / SAP integrated • eAPW has been developed in-house withoutside assistance Timetable:

  16. Beth Apollo / Sam Kemp eBUY • Materials management • Paperless / Desktop / Web based requisition and approval / SAP integrated • eBUY has been developed in-house with outside assistance Timetable:

  17. Q & A • E-mail your questions to Enron Europe Office of the Chairman during the presentation • Dial direct into the Auditorium - ext 30550...OR • …Shout out at the end - don’t be afraid!

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