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Its growth, profitability, and shareholder equity are at unparalleled levels.
Neither Ms. Shontell's letter nor the filing said how much shareholder equity had risen.
The surprise about shareholder equity inflamed investors' smoldering concern about Enron's opaque financial statements.
Enron also announced a reduction in shareholder equity of more than a billion dollars.
Citicorp has $10.2 billion of shareholder equity, known as Tier 1 capital.
At that time, most banks had shareholder equity equal to 15 to 20 percent of their assets.
The large reduction in shareholder equity did not affect reported earnings, and so was not in the earnings release.
In a conference call with analysts after the announcement, Mr. Lay, Enron's chairman, also disclosed the reduction in shareholder equity.
Return on average common shareholder equity, a measure of profitability, rose to 15.1percentt from 14percentt.
Enron says it added $1 billion to shareholder equity in 2000 and early this year in error.
3Net income by total shareholder equity.
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CEO of Professional Science Editing for Scientists @ prosciediting.com