Kathy,

I am attaching a copy of the NGPL that was reported as of this morning.  If 
you look at the by Trader P&L, we are off from your spreadsheet by 
approximately $3.6 million USD for December and approximately $7.6million 
year to date.  The $7.6 consists of the December variance and the $4 million 
variance that we discussed earlier (originations).  However, I spoke with the 
Chris Able from the Controls group, what we are reporting for originations 
and for Canadian p&l ties to the DPR.   This leads me to believe that either 
our number already includes the origination adjustment or the origination 
adjustment was never made to the DPR.  To help resolve the December variance, 
I have added a tab to your file to show what we have reported each day for 
December.  

Remember the p&l we are reporting by trader excludes originations.  Give me a 
call when you have time and we can try to resolve these variances.


 

Thanks,
Robin






Kathy Reeves
12/07/2000 06:46 PM
To: Robin Rodrigue/HOU/ECT@ECT
cc:  
Subject: Canada p&l

Robin
I would like to make sure before year end that the p&l being reporting for 
Canada ( trading profits only) equals what I think it is as per attached:



Would you let me know what you are currently reporting for Canada.

Thanks
Kathy