Enron Corp. and Subsidiaries Statement of Cash Flows Year ended December 31, Cash Flow From Operating Activities 2000 Reconciliation of net income to net cash provided by operating activities Net income Cumulative effect of accounting chagnes Depreciation, depletion and amortization Impairment of long-lived assets (including equity investments) Deferred income taxes Gains on sales of non-merchant assets Changes in the components of working capital Net assets from price risk managemetn activities Merchant assets and investments Realized gains on sales Proceeds from sales Additions and unrealized gains Other operating activities Cash Flows from Investing Activities Capital expenditures Equity investments Proceeds from sales of non-merchant assets Acquisition of subsidiary stock Business acquisitions, net of cash acquired Other investing activities Net Cash Used in Investing Activities Cash Flows from Financing Activities Issuance of long-term debt Repayment of long-term debt Net incrase (decrease) in short-term borrowing Net issuance (redemption) of company obligated preferred securities of subsidiaries Issuance of common stock Issuance of subsidiary equity Dividends paid Net disposition of treasury stock Other financing activities Net Cash Provided by Financing Activities Increase (Decrease) in Cash and Cash Equivalents Cash and Cash Equivalents, Beginning of the Year Cash and Cash Equivalents, End of the Year 855 326 207 (146) 1,769 (763) (104) 1,838 (1,295) 1 113 4 779 (2,381) (933) 494 (485) (777) (182) (4,264) 3, gg4 (2,337) (1,595) (96) 307 500 (523) 327 571 1,086 288 1 374