EXHIBIT 99(i) MERRILL LYNCH & CO., INC. AND SUBSIDIARIES PRELIMINARY UNAUDITED CONSOLIDATED BALANCE SHEET (Dollars in Thousands, Except Per Share Amounts) MARCH 31, ASSETS 1995 - --------------------------------------------------------- ------------ CASH AND CASH EQUIVALENTS............................... $ 2,961,691 ------------ CASH AND SECURITIES SEGREGATED FOR REGULATORY PURPOSES OR DEPOSITED WITH CLEARING ORGANIZATIONS.............. 5,556,700 ------------ MARKETABLE INVESTMENT SECURITIES........................ 2,409,826 ------------ TRADING ASSETS, AT FAIR VALUE Corporate debt and preferred stock...................... 15,028,545 Contractual agreements.................................. 13,571,199 U.S. Government and agencies............................ 7,090,127 Non-U.S. governments and agencies....................... 8,269,381 Equities and convertible debentures..................... 6,271,017 Mortgages and mortgage-backed........................... 5,173,279 Municipals.............................................. 808,796 Money markets........................................... 1,364,647 ------------ Total................................................... 57,576,991 ------------ RESALE AGREEMENTS....................................... 45,089,532 ------------ SECURITIES BORROWED..................................... 25,199,020 ------------ RECEIVABLES Customers (net of allowance for doubtful accounts of $49,562).............................................. 13,117,075 Brokers and dealers..................................... 9,189,202 Interest and other...................................... 4,450,954 ------------ Total................................................... 26,757,231 ------------ INVESTMENTS OF INSURANCE SUBSIDIARIES................... 5,735,410 LOANS, NOTES, AND MORTGAGES (NET OF ALLOWANCE FOR LOAN LOSSES OF $167,934).............................. 1,529,007 OTHER INVESTMENTS....................................... 1,007,575 PROPERTY, LEASEHOLD IMPROVEMENTS, AND EQUIPMENT (NET OF ACCUMULATED DEPRECIATION AND AMORTIZATION OF $1,954,115)........................................ 1,592,630 OTHER ASSETS............................................ 1,317,380 ------------ TOTAL ASSETS............................................ $176,732,993 ============ 6 MERRILL LYNCH & CO., INC. AND SUBSIDIARIES PRELIMINARY UNAUDITED CONSOLIDATED BALANCE SHEET (Dollars in Thousands, Except Per Share Amounts) MARCH 31, LIABILITIES AND STOCKHOLDERS' EQUITY 1995 - ------------------------------------------------------- ------------ LIABILITIES REPURCHASE AGREEMENTS................................. $ 57,110,193 ------------ COMMERCIAL PAPER AND OTHER SHORT-TERM BORROWINGS...... 30,486,399 ------------ TRADING LIABILITIES, AT FAIR VALUE U.S. Government and agencies.......................... 13,170,544 Contractual agreements................................ 12,817,798 Non-U.S. governments and agencies..................... 5,722,599 Equities and convertible debentures................... 3,477,125 Corporate debt and preferred stock.................... 2,522,924 Municipals............................................ 97,531 ------------ Total................................................. 37,808,521 ------------ CUSTOMERS............................................. 10,986,016 INSURANCE............................................. 5,643,839 BROKERS AND DEALERS................................... 7,179,582 OTHER LIABILITIES AND ACCRUED INTEREST................ 7,329,772 LONG-TERM BORROWINGS.................................. 14,484,523 ------------ TOTAL LIABILITIES..................................... 171,028,845 ------------ STOCKHOLDERS' EQUITY PREFERRED STOCKHOLDERS' EQUITY........................ 618,800 ------------ COMMON STOCKHOLDERS' EQUITY Common stock, par value $1.33 1/3 per share; authorized: 500,000,000 shares; issued: 236,330,162 shares.......................... 315,105 Paid-in capital....................................... 1,226,730 Foreign currency translation adjustment............... 17,025 Net unrealized losses on investment securities available-for-sale (net of applicable income tax benefit of $18,580)................................. (34,593) Retained earnings..................................... 5,778,548 ------------ Subtotal............................................ 7,302,815 Less: Treasury stock, at cost: 54,501,770 shares......... 1,892,155 Unallocated ESOP reversion shares, at cost: 5,306,924 shares.................................. 83,625 Employee stock transactions......................... 241,687 ------------ TOTAL COMMON STOCKHOLDERS' EQUITY..................... 5,085,348 ------------ TOTAL STOCKHOLDERS' EQUITY............................ 5,704,148 ------------ TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY............ $176,732,993 ============ 7