<PAGE>
 
Zapata Haynie Corporation Profit-Sharing/Savings Plan
Statement of Net Assets Available for Plan Benefits
September 30, 1993

<TABLE>
<CAPTION>
                                                                Money                              
                                                               Market/                             
                                                             Guaranteed                            
                                                             Investment      Fixed         Zapata                                   
                                                Equity        Contract      Income         Common                                   
                                                 Fund           Fund         Fund         Stock Fund     Loan Fund     Total        
<S>                                          <C>            <C>           <C>          <C>           <C>            <C>             
             Assets                                                                                                                 
Investment in Zapata  Corporation Master                                                                                            
  Profit-Sharing Trust                       $ 1,165,757    $ 3,119,898    $  162,097   $   80,472    $     -        $  4,528,224
                                                                                                                                    
Contributions receivable:                                                                                                           
  Employee                                        10,507            546         2,761        -              -              13,814
  Employer                                         5,120        387,143           789          189          -             393,241
Loans to participants                                                                                     133,436         133,436
                                             -----------    -----------    ----------   ----------    -----------    ------------ 

     Total assets                              1,181,384      3,507,587       165,647       80,661        133,436       5,068,715
                                                                                                                                    
           Liabilities                                                                                                              
Refunds payable to participants                   14,493         12,253         3,111        4,443         -               34,300
                                             -----------    -----------    ----------   ----------    -----------    ------------

     Net assets available for plan benefits  $ 1,166,891    $ 3,495,334       162,536   $   76,218    $   133,436    $  5,034,415  
                                             ===========    ===========    ==========   ==========    ===========    ============ 
</TABLE>

The accompanying notes are an integral part of the financial statements.

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