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
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ASSETS
CASH AND CASH EQUIVALENTS....................................................... $ 25,696
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CASH AND SECURITIES SEGREGATED FOR REGULATORY PURPOSES
OR DEPOSITED WITH CLEARING ORGANIZATIONS..................................... 5,628
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RECEIVABLES UNDER RESALE AGREEMENTS AND SECURITIES BORROWED TRANSACTIONS........ 124,138
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MARKETABLE INVESTMENT SECURITIES................................................ 59,621
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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
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99,335
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SECURITIES PLEDGED AS COLLATERAL................................................ 12,272
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OTHER RECEIVABLES
Customers (net of allowance for doubtful accounts of $82)....................... 39,472
Brokers and dealers............................................................. 21,383
Interest and other.............................................................. 7,912
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Total........................................................................... 68,767
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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
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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
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LIABILITIES
PAYABLES UNDER REPURCHASE AGREEMENTS AND SECURITIES
LOANED TRANSACTIONS........................................................ $103,722
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COMMERCIAL PAPER AND OTHER SHORT-TERM BORROWINGS.............................. 13,084
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DEMAND AND TIME DEPOSITS...................................................... 77,929
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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
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Total......................................................................... 79,071
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OTHER PAYABLES
Customers..................................................................... 26,231
Brokers and dealers........................................................... 13,508
Interest and other............................................................ 18,198
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Total......................................................................... 57,937
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LIABILITIES OF INSURANCE SUBSIDIARIES......................................... 3,869
LONG-TERM BORROWINGS.......................................................... 73,345
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TOTAL LIABILITIES............................................................. 408,957
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PREFERRED SECURITIES ISSUED BY SUBSIDIARIES................................... 2,708
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STOCKHOLDERS' EQUITY
PREFERRED STOCKHOLDERS' EQUITY (42,500 shares issued, liquidation preference
$10,000 per share)......................................................... 425
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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
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21,984
Less: Treasury stock, at cost: 130,336,130 shares............................ 1,052
Employee stock transactions............................................. 1,418
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TOTAL COMMON STOCKHOLDERS' EQUITY............................................. 19,514
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TOTAL STOCKHOLDERS' EQUITY.................................................... 19,939
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TOTAL LIABILITIES, PREFERRED SECURITIES ISSUED BY
SUBSIDIARIES, AND STOCKHOLDERS' EQUITY..................................... $431,604
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