ANNEX A TO ATTACHMENT B Pacific Gas and Electric Company Collections Curve Description May 2, 2001
Attachment C
SAMPLE DAILY AND MONTHLY REPORTS
Daily Remittance Report
Pursuant to Attachment B of the Servicing Agreement No. [DWR Assigned Number] dated as of [to be completed] (the "Agreement") between the State of California Department of Water Resources and Pacific Gas and Electric Company (PG&E), PG&E does hereby certify as follows:
Capitalized terms used in the Daily Remittance Report have their respective meanings as set forth in the Agreement. References herein to certain sections and subsections are references to the respective sections of the Agreement.
Forecast Period: July 2002 (Draft)
EXAMPLE FOR ILLUSTRATIVE PURPOSES ONLY
Line No.
FORECAST COLLECTIONS & DAILY SEGREGATION AMOUNT
1
Collection period start
01-Jul-02
2
Collection period stop
31-Jul-02
3
Forecast Collection
$95,000,000.00
4
Remaining business days in collection period
23
5
Daily Remittance Amount
$4,130,434.78
(Ln. 3/Ln. 4)
IN WITNESS HEREOF, the undersigned has duly executed and delivered this Daily Remittance Report this day of ,
PACIFIC GAS AND ELECTRIC COMPANY, as Servicer
by:
Kent Harvey
Sr. Vice President - CFO and Treasurer
Monthly Reconciliation Report
Pursuant to Attachment B of the Servicing Agreement No. [DWR Assigned Number] dated as of [to be completed] (the "Agreement") between the State of California Department of Water Resources and Pacific Gas and Electric Company (PG&E), PG&E does hereby certify as follows:
Capitalized terms used in the Monthly Reconciliation Report have their respective meanings as set forth in the Agreement. References herein to certain sections and subsections are references to the respective sections of the Agreement.
Collection Period: July 2002 (Draft)
EXAMPLE FOR ILLUSTRATIVE PURPOSES ONLY
Line No.
BILLED REVENUE SUMMARY
1
Current monthly billing period
Jul-02
2
DWR KWh billed (prior period)
50,000,000
3
DWR KWh billed (current period)
50,000,000
4
DWR charge per Kwh (prior period)
$1.50
5
DWR charge per Kwh (current period)
$0.50
6
Current period billed DWR charges
$100,000,000
7
DWR charges not accounted for in prior periods
$0
8
G&E net write-offs as % of G&E billed revenues
0.0500
9
Adjustments based on settlement data
$100,000
10
20/20 Program Deductions
-$200,000
11
Deductions otherwise permitted under the Agreement
-50,000
(Ln.2 *Ln.4) + (Ln.3*Ln.5)
Monthly Remittance Percentages
Line No. 30 Days 60 Days 90 Days 120 Days 150 Days 180 Days Total
1 Billed DWR Charges 32.48% 54.72% 5.92% 2.44% 2.37% 1.81% 99.73% Collection Curve
2 July $100,000,000 $32,480,000
3 June $90,000,000 $49,248,000
4 May $110,000,000 $6,512,000
5 April $105,000,000 $2,562,000
6 March $95,000,000
7 Feb $100,000,000
8 Total
$2,251,500
$1,810,000
$94,863,500
Reconciliation Process
9 Feb. Billed DWR Charges
$100,000,000
La. 7 (Billed DWR Charge Col.)
10 Feb. DWR net write-offs
$50,000
La. 9*Ln.8(p.1)
11 Feb. net billed DWR Charges
$99,950,000
La. 9-Ln.10
12 Amount previously remitted to DWR
$99,730,000
La. 9*Ln.1 (Total Col.)
13 Write-off adjustment
$220,000
La. 11-Ln.12
14 Aggregate remittance amount
$95,083,500
Ln.8+Ln.13
15 Adjustments and deductions
-$150,000
From p. 1: Ln.7 + Ln. 9 + Ln. 10 + Ln. 11
16 Estimated DWR Collections for July
$94,933,500
La. 14 + Ln.15
17 Forecast Collections for July
$95,000,000
Total from Daily Remittance Reports
18 Reconciliation Amount
$66,500
La. 17-La.16
IN WITNESS HEREOF, the undersigned has duly executed and delivered this Monthly Reconciliation Report this day of ,
PACIFIC GAS AND ELECTRIC COMPANY, as Servicer
by:
Kent Harvey
