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GROUP INTRODUCTION

 Ahmed Zafar
 Bilawal Ramzan
 Jahanzeb Javed
 Ahmed Zaheer
 Abdul Saboor
 Ammar Mehmood Malik
AGENDA
 Introduction
 Fields and Products
 Growth
 Popularity
 Fall of Enron
 Aftermath of Bankruptcy
MISSION STATEMENT

"We treat others as we would like to be


treated ourselves....We do not tolerate
abusive or disrespectful treatment.
Ruthlessness, callousness and arrogance
don't belong here.“

Ref. Wikipedia
FORMATION
 Merger between Internorth and Houston
Natural Gas in 1985.
 Initial name HNG/InterNorth Inc.
 Initial headquarters in Omaha,
Nebraska.
 First CEO Samuel Segnar.
 Kenneth Lay, former CEO of HNG
becomes CEO.
EARLY ENRON
 Gas pipeline business.
 1980s saw considerable deregulation of
energy markets.
 Merger with Spectrum Seven.
 Soon entered into electricity and gas
distribution.
 Azurix Corporation.
FIELDS & PRODUCTS
 Petrochemicals
 Power
 Broadband
 Plastics
 Pulp and Paper
GROWTH
 Assets
 Revenue
ASSETS
 Power Plants
 Pipe Lines
 Electric Utilities
REVENUE
 Growth Chart
YEAR 1995 1996 1997 1998 1999 2000

SALES 100,789 40,112 31,260 20,273 13,289 9,189


($ Millions)

PROFIT 978 893 703 605 584 520


($Millions)
REVENUE
 Comparison with other
Companies
COMPANY YEAR REVENUE IN YEAR REVENUE YEAR FROM
$BILLION IN $10 B TO $100B
$BILLION
ENRON 1996 13,289 2000 100,789 4

EXXON 1963 10,284 1980 103,143 17


MOBILE

GENERAL 1955 12,443 1986 102,813 31


MORTARS
FORD 1965 11,537 1992 100,786 27
POPULARITY
 Extremely Popular Company
 Ranking
 Fortune Magazine’s attention
 Reasons of Popularity
 Popularity was only a
Daydream
THE FALL OF ENRON
FROM GRACE TO GRAVE
OCTOBER 2001
KEY PEOPLES

1.) Kenneth Lay 2.)Jeffrey Skilling

3.)Andrew Fastow 4.) Jeffrey McMahon

5.) Arthur Andersen 6.) Harvey Pitt


EVENTS
 First Loss Statement
 Walk out of Jeffrey Skilling
 Break down of Share Value
 U.S. Securities and Exchange
Commission (SEC)
 Investigation
 Arthur Anderson’s Report
 Bankruptcy
AFTERMATH OF BANKRUPTCY OF
ENRON
 Sold to Prisma Energy
 New Management
 New Name
 New Goal
 Lawsuit
 Obtained $20 billion
 Settled all Debts
Enron Complex had bought this
property in Houston for $285 million in
the 1990s. It was sold for $55.5
million in 2004.

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