Volume 3 — Valuation and Risk Metrics © Copyright 2002, CCRO. All rights reserved. 41 Component VaR Group Level VaR: 236,716 $ Power 256,366 $ East 2,447 $ Balance '02 142,297 $ Natural Gas (18,992) $ Northeast 387 $ Cal '03 87,594 $ Oil 373 $ South 4,868 $ H1 '04 6,825 $ Coal (1,031) $ West 229,014 $ Regional Level VaR: 36,790 $ Power 28,977 $ NE Gen. Assets 8,868 $ Balance '02 8,244 $ Natural Gas (286) $ NY Gen. Assets 28,140 $ Cal '03 11,952 $ Oil 8,520 $ Other Assets (218) $ H1 '04 16,594 $ Coal (420) $ Asset 4 - $ Asset 5 - $ VaR: 233,121 $ Power 254,061 $ Generation Assets 225,079 $ Balance '02 145,724 $ Natural Gas (20,940) $ Gas Transportation 8,042 $ Cal '03 82,622 $ Oil - $ Asset 3 - $ H1 '04 4,775 $ Coal - $ Asset 4 - $ Asset 5 - $ West Region - Asset Level VaR: 228,975 $ Power 229,272 $ Balance '02 143,609 $ Natural Gas (297) $ Cal '03 80,700 $ Oil - $ H1 '04 4,666 $ Coal - $ Tenor Breakdown West Region Commodity Breakdown Regional Breakdown Tenor Breakdown Tenor Breakdown Group Level Commodity Breakdown Tenor Breakdown Gen. Assets Commodity Breakdown Regional Breakdown Northeast Region Commodity Breakdown Regional Breakdown Group Level VaR: 236,716 $ Power 256,366 $ East 2,447 $ Balance '02 142,297 $ Natural Gas (18,992) $ Northeast 387 $ Cal '03 87,594 $ Oil 373 $ South 4,868 $ H1 '04 6,825 $ Coal (1,031) $ West 229,014 $ Regional Level VaR: 36,790 $ Power 28,977 $ NE Gen. Assets 8,868 $ Balance '02 8,244 $ Natural Gas (286) $ NY Gen. Assets 28,140 $ Cal '03 11,952 $ Oil 8,520 $ Other Assets (218) $ H1 '04 16,594 $ Coal (420) $ Asset 4 - $ Asset 5 - $ VaR: 233,121 $ Power 254,061 $ Generation Assets 225,079 $ Balance '02 145,724 $ Natural Gas (20,940) $ Gas Transportation 8,042 $ Cal '03 82,622 $ Oil - $ Asset 3 - $ H1 '04 4,775 $ Coal - $ Asset 4 - $ Asset 5 - $ West Region - Asset Level VaR: 228,975 $ Power 229,272 $ Balance '02 143,609 $ Natural Gas (297) $ Cal '03 80,700 $ Oil - $ H1 '04 4,666 $ Coal - $ Tenor Breakdown West Region Commodity Breakdown Regional Breakdown Tenor Breakdown Tenor Breakdown Group Level Commodity Breakdown Tenor Breakdown Gen. Assets Commodity Breakdown Regional Breakdown Northeast Region Commodity Breakdown Regional Breakdown