EXHIBIT 99(i) MERRILL LYNCH & CO., INC. AND SUBSIDIARIES PRELIMINARY UNAUDITED CONSOLIDATED BALANCE SHEET (Dollars in Millions, Except Per Share Amounts) Sept. 26, ASSETS 1997 - ------------------------------------------------------------------- -------- Cash and cash equivalents ......................................... $ 4,559 -------- Cash and securities segregated for regulatory purposes or deposited with clearing organizations ......................... 10,606 -------- Marketable investment securities .................................. 2,342 -------- Trading assets, at fair value Corporate debt and preferred stock ................................ 35,440 Contractual agreements ............................................ 17,004 Equities and convertible debentures ............................... 24,974 U.S. Government and agencies ...................................... 9,378 Non-U.S. governments and agencies ................................. 12,744 Mortgages, mortgage-backed, and asset-backed ...................... 8,038 Money markets ..................................................... 1,474 Municipals ........................................................ 1,451 -------- Total ............................................................. 110,503 -------- Resale agreements ................................................. 68,559 -------- Securities borrowed ............................................... 36,252 -------- Receivables Customers (net of allowance for doubtful accounts of $55) ......... 25,263 Brokers and dealers ............................................... 7,404 Interest and other ................................................ 7,783 -------- Total ............................................................. 40,450 -------- Investments of insurance subsidiaries ............................. 4,962 Loans, notes, and mortgages (net of allowance for loan losses of $124) ............................................. 4,454 Other investments ................................................. 1,600 Property, leasehold improvements, and equipment (net of accumulated depreciation and amortization of $2,805) ............. 1,939 Other assets ...................................................... 2,204 -------- Total Assets ...................................................... $288,430 ======== 6 EXHIBIT 99(i) MERRILL LYNCH & CO., INC. AND SUBSIDIARIES PRELIMINARY UNAUDITED CONSOLIDATED BALANCE SHEET (Dollars in Millions, Except Per Share Amounts) LIABILITIES, PREFERRED SECURITIES ISSUED BY Sept. 26, SUBSIDIARIES, AND STOCKHOLDERS' EQUITY 1997 - ----------------------------------------------------------------- --------- LIABILITIES Repurchase agreements ........................................... $ 74,872 --------- Commercial paper and other short-term borrowings ................ 58,240 --------- Trading liabilities, at fair value U.S. Government and agencies .................................... 15,694 Contractual agreements .......................................... 13,815 Equities and convertible debentures ............................. 17,724 Non-U.S. governments and agencies ............................... 9,362 Corporate debt and preferred stock .............................. 6,675 Municipals ...................................................... 129 --------- Total ........................................................... 63,399 --------- Customers ....................................................... 14,818 Insurance ....................................................... 4,807 Brokers and dealers ............................................. 6,375 Other liabilities and accrued interest .......................... 17,497 Long-term borrowings ............................................ 39,998 --------- Total Liabilities ............................................... 280,006 --------- PREFERRED SECURITIES ISSUED BY SUBSIDIARIES ..................... 627 --------- STOCKHOLDERS' EQUITY Preferred Stockholders' Equity .................................. 425 --------- Common Stockholders' Equity Common stock, par value $1.33 1/3 per share; authorized: 500,000,000 shares; issued: 472,660,324 shares ........................................................ 630 Paid-in capital ................................................. 1,031 Foreign currency translation adjustment ......................... (39) Net unrealized gains on investment securities available-for-sale (net of applicable income tax expense of $19) ............................................... 37 Retained earnings ............................................... 9,095 --------- Subtotal .................................................... 10,754 Less: Treasury stock, at cost: 140,308,114 shares ................... 2,932 Employee stock transactions ................................... 450 --------- Total Common Stockholders' Equity ............................... 7,372 --------- Total Stockholders' Equity ...................................... 7,797 --------- Total Liabilities, Preferred Securities Issued by Subsidiaries, and Stockholders' Equity ........................ $ 288,430 ========= 7