EXHIBIT 99(i) MERRILL LYNCH & CO., INC. AND SUBSIDIARIES PRELIMINARY UNAUDITED CONSOLIDATED BALANCE SHEET Dec. 27, (dollars in millions) 2002 -------------------------------------------------------------------------------- -------- ASSETS CASH AND CASH EQUIVALENTS....................................................... $ 10,211 -------- CASH AND SECURITIES SEGREGATED FOR REGULATORY PURPOSES OR DEPOSITED WITH CLEARING ORGANIZATIONS...................................... 7,375 -------- SECURITIES FINANCING TRANSACTIONS Receivables under resale agreements........................................... 75,292 Receivables under securities borrowed transactions............................ 45,543 -------- 120,835 TRADING ASSETS, AT FAIR VALUE (includes securities pledged as collateral of $11,344) Contractual agreements........................................................ 38,728 Corporate debt and preferred stock............................................ 18,569 Mortgages, mortgage-backed, and asset-backed securities....................... 14,987 Equities and convertible debentures........................................... 13,530 U.S. Government and agencies.................................................. 10,116 Non-U.S. governments and agencies............................................. 10,095 Municipals and money markets.................................................. 5,535 -------- 111,560 INVESTMENT SECURITIES........................................................... 81,787 -------- SECURITIES RECEIVED AS COLLATERAL............................................... 2,020 -------- OTHER RECEIVABLES Customers (net of allowance for doubtful accounts of $79)..................... 35,317 Brokers and dealers........................................................... 8,485 Interest and other............................................................ 10,581 -------- 54,383 LOANS, NOTES, AND MORTGAGES (net of allowance for loan losses of $265).......... 34,735 SEPARATE ACCOUNTS ASSETS........................................................ 13,042 EQUIPMENT AND FACILITIES (net of accumulated depreciation and amortization of $4,671)..................................................... 3,080 GOODWILL (net of accumulated amortization of $984).............................. 4,446 OTHER ASSETS.................................................................... 4,454 -------- TOTAL ASSETS.................................................................... $447,928 ========

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EXHIBIT 99(i) MERRILL LYNCH & CO., INC. AND SUBSIDIARIES PRELIMINARY UNAUDITED CONSOLIDATED BALANCE SHEET Dec. 27, (dollars in millions, except per share amount) 2002 ----------------------------------------------------------------------------- ---------- LIABILITIES SECURITIES FINANCING TRANSACTIONS Payables under repurchase agreements........................................ $ 85,378 Payables under securities loaned transactions............................... 7,640 ---------- 93,018 ---------- COMMERCIAL PAPER AND OTHER SHORT-TERM BORROWINGS.............................. 5,353 ---------- DEPOSITS...................................................................... 81,842 ---------- TRADING LIABILITIES, AT FAIR VALUE Contractual agreements...................................................... 45,202 U.S. Government and agencies................................................ 14,678 Non-U.S. governments and agencies .......................................... 7,952 Corporate debt, municipals and preferred stock ............................. 6,500 Equities and convertible debentures......................................... 4,864 ---------- 79,196 ---------- OBLIGATION TO RETURN SECURITIES RECEIVED AS COLLATERAL........................ 2,020 ---------- OTHER PAYABLES Customers................................................................... 28,569 Brokers and dealers......................................................... 16,541 Interest and other.......................................................... 20,724 ---------- 65,834 ---------- LIABILITIES OF INSURANCE SUBSIDIARIES......................................... 3,566 ---------- SEPARATE ACCOUNTS LIABILITIES................................................. 13,042 ---------- LONG-TERM BORROWINGS.......................................................... 78,524 ---------- TOTAL LIABILITIES............................................................. 422,395 ---------- PREFERRED SECURITIES ISSUED BY SUBSIDIARIES................................... 2,658 ---------- STOCKHOLDERS' EQUITY PREFERRED STOCKHOLDERS' EQUITY (42,500 shares issued and outstanding, liquidation preference $10,000 per share).................................. 425 ---------- COMMON STOCKHOLDERS' EQUITY Shares exchangeable into common stock....................................... 58 Common stock, par value $1.33 1/3 per share; authorized: 3,000,000,000 shares; issued: 983,502,078 shares................................................. 1,311 Paid-in capital............................................................. 5,315 Accumulated other comprehensive loss (net of tax)........................... (570) Retained earnings........................................................... 18,072 ---------- 24,186 Less: Treasury stock, at cost: 116,211,158 shares............................ 961 Unamortized employee stock grants.................................... 775 ---------- TOTAL COMMON STOCKHOLDERS' EQUITY............................................. 22,450 ---------- TOTAL STOCKHOLDERS' EQUITY.................................................... 22,875 ---------- TOTAL LIABILITIES, PREFERRED SECURITIES ISSUED BY SUBSIDIARIES, AND STOCKHOLDERS' EQUITY................................................. $447,928 ==========

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