EX-99 Preliminary Unaudited Consolidated Balance Sheet
EXHIBIT 99(i) MERRILL LYNCH & CO., INC. AND SUBSIDIARIES PRELIMINARY UNAUDITED CONSOLIDATED BALANCE SHEET MARCH 30, (dollars in millions) 2001 ------------------------------------------------------------------------------- ---------- ASSETS CASH AND CASH EQUIVALENTS....................................................... $ 25,696 ------- CASH AND SECURITIES SEGREGATED FOR REGULATORY PURPOSES OR DEPOSITED WITH CLEARING ORGANIZATIONS..................................... 5,628 ------- RECEIVABLES UNDER RESALE AGREEMENTS AND SECURITIES BORROWED TRANSACTIONS........ 124,138 ------- MARKETABLE INVESTMENT SECURITIES................................................ 59,621 ------- TRADING ASSETS, AT FAIR VALUE Equities and convertible debentures............................................. 22,747 Corporate debt and preferred stock.............................................. 15,145 Contractual agreements.......................................................... 22,897 U.S. Government and agencies.................................................... 20,663 Mortgages, mortgage-backed, and asset-backed.................................... 9,413 Non-U.S. governments and agencies............................................... 4,786 Municipals and money markets.................................................... 3,684 ------- 99,335 ------- SECURITIES PLEDGED AS COLLATERAL................................................ 12,272 ------- OTHER RECEIVABLES Customers (net of allowance for doubtful accounts of $82)....................... 39,472 Brokers and dealers............................................................. 21,383 Interest and other.............................................................. 7,912 ------- Total........................................................................... 68,767 ------- INVESTMENTS OF INSURANCE SUBSIDIARIES........................................... 3,996 LOANS, NOTES, AND MORTGAGES (net of allowance for loan losses of $205).......... 17,512 OTHER INVESTMENTS............................................................... 4,770 EQUIPMENT AND FACILITIES (net of accumulated depreciation and amortization of $4,777).................................................. 3,462 GOODWILL (net of accumulated amortization of $751).............................. 4,214 OTHER ASSETS.................................................................... 2,193 ------- TOTAL ASSETS.................................................................... $431,604 =======
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EXHIBIT 99(i) MERRILL LYNCH & CO., INC. AND SUBSIDIARIES PRELIMINARY UNAUDITED CONSOLIDATED BALANCE SHEET MARCH 30, (dollars in millions, except per share amount) 2001 ------------------------------------------------------------------------------ ------- LIABILITIES PAYABLES UNDER REPURCHASE AGREEMENTS AND SECURITIES LOANED TRANSACTIONS........................................................ $103,722 ------- COMMERCIAL PAPER AND OTHER SHORT-TERM BORROWINGS.............................. 13,084 ------- DEMAND AND TIME DEPOSITS...................................................... 77,929 ------- TRADING LIABILITIES, AT FAIR VALUE Contractual agreements........................................................ 24,041 Equities and convertible debentures........................................... 20,644 U.S. Government and agencies.................................................. 20,073 Non-U.S. governments and agencies............................................. 8,898 Corporate debt, municipals and preferred stock................................ 5,415 ------- Total......................................................................... 79,071 ------- OTHER PAYABLES Customers..................................................................... 26,231 Brokers and dealers........................................................... 13,508 Interest and other............................................................ 18,198 ------- Total......................................................................... 57,937 ------- LIABILITIES OF INSURANCE SUBSIDIARIES......................................... 3,869 LONG-TERM BORROWINGS.......................................................... 73,345 ------- TOTAL LIABILITIES............................................................. 408,957 ------- PREFERRED SECURITIES ISSUED BY SUBSIDIARIES................................... 2,708 ------- STOCKHOLDERS' EQUITY PREFERRED STOCKHOLDERS' EQUITY (42,500 shares issued, liquidation preference $10,000 per share)......................................................... 425 ------- COMMON STOCKHOLDERS' EQUITY Shares exchangeable into common stock......................................... 62 Common stock, par value $1.33 1/3 per share; authorized: 1,000,000,000 shares; issued: 962,533,498 shares................................................. 1,283 Paid-in capital............................................................... 4,039 Accumulated other comprehensive loss (net of tax)............................. (287) Retained earnings............................................................. 16,887 ------- 21,984 Less: Treasury stock, at cost: 130,336,130 shares............................ 1,052 Employee stock transactions............................................. 1,418 ------- TOTAL COMMON STOCKHOLDERS' EQUITY............................................. 19,514 ------- TOTAL STOCKHOLDERS' EQUITY.................................................... 19,939 ------- TOTAL LIABILITIES, PREFERRED SECURITIES ISSUED BY SUBSIDIARIES, AND STOCKHOLDERS' EQUITY..................................... $431,604 =======
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