EXHIBIT 99(i) Merrill Lynch & Co., Inc. and Subsidiaries Preliminary Unaudited Consolidated Balance Sheet (Dollars in Millions, Except Per Share Amounts) Sept. 27, ASSETS 1996 --------- Cash and cash equivalents ........................................ $ 2,835 -------- Cash and securities segregated for regulatory purposes or deposited with clearing organizations ........................ 5,238 -------- Marketable investment securities ................................. 2,158 -------- Trading assets, at fair value Corporate debt and preferred stock ............................... 22,878 Contractual agreements ........................................... 12,038 Equities and convertible debentures .............................. 13,771 Non-U.S. governments and agencies ................................ 8,596 U.S. Government and agencies ..................................... 9,253 Mortgages, mortgage-backed, and asset-backed ..................... 4,247 Money markets .................................................... 1,802 Municipals ....................................................... 1,007 -------- Total ............................................................ 73,592 -------- Resale agreements ................................................ 55,873 -------- Securities borrowed .............................................. 25,968 -------- Receivables Customers (net of allowance for doubtful accounts of $50) ........ 17,211 Brokers and dealers .............................................. 7,319 Interest and other ............................................... 4,605 -------- Total ............................................................ 29,135 -------- Investments of insurance subsidiaries ............................ 5,373 Loans, notes, and mortgages (net of allowance for loan losses of $142) ............................................ 3,060 Other investments ................................................ 1,084 Property, leasehold improvements, and equipment (net of accumulated depreciation and amortization of $2,431) ...................................................... 1,629 Other assets ..................................................... 1,966 -------- Total Assets ..................................................... $207,911 ======== 6 EXHIBIT 99(i) Merrill Lynch & Co., Inc. and Subsidiaries Preliminary Unaudited Consolidated Balance Sheet (Dollars in Millions, Except Per Share Amounts) Sept. 27, LIABILITIES AND STOCKHOLDERS' EQUITY 1996 --------- LIABILITIES Repurchase agreements ........................................... $ 65,123 -------- Commercial paper and other short-term borrowings ................ 36,699 -------- Trading liabilities, at fair value Contractual agreements .......................................... 10,209 U.S. Government and agencies .................................... 14,509 Equities and convertible debentures ............................. 7,049 Non-U.S. governments and agencies ............................... 6,506 Corporate debt and preferred stock .............................. 3,030 Municipals ...................................................... 31 -------- Total ........................................................... 41,334 -------- Customers ....................................................... 10,091 Insurance ....................................................... 5,051 Brokers and dealers ............................................. 6,320 Other liabilities and accrued interest .......................... 12,577 Long-term borrowings ............................................ 24,098 -------- Total Liabilities ............................................... 201,293 -------- STOCKHOLDERS' EQUITY Preferred Stockholders' Equity .................................. 619 -------- Common Stockholders' Equity Common stock, par value $1.33 1/3 per share; authorized: 500,000,000 shares; issued: 236,330,162 shares ................................... 315 Paid-in capital ................................................. 1,306 Foreign currency translation adjustment ......................... 1 Net unrealized gains on investment securities available-for-sale (net of applicable income tax expense of $9) ............................................... 7 Retained earnings ............................................... 7,484 -------- Subtotal ................................................... 9,113 Less: Treasury stock, at cost: 68,607,716 shares ................... 2,735 Unallocated ESOP reversion shares, at cost: 2,093,251 shares ........................................... 33 Employee stock transactions .................................. 346 -------- Total Common Stockholders' Equity ............................... 5,999 -------- Total Stockholders' Equity ...................................... 6,618 -------- Total Liabilities and Stockholders' Equity ...................... $207,911 ======== 7