Exhibit 99.7 - -------------------------------------------------------------------------------- Consolidated Report of Condition of THE BANK OF NEW YORK of 48 Wall Street, New York, N.Y. 10286 And Foreign and Domestic Subsidiaries, a member of the Federal Reserve System, at the close of business December 31, 1997, published in accordance with a call made by the Federal Reserve Bank of this District pursuant to the provisions of the Federal Reserve Act.
Dollar Amounts ASSETS in Thousands Cash and balances due from depos- itory institutions: Noninterest-bearing balances and currency and coin.................... $ 5,742,986 Interest-bearing balances............. 1,342,769 Securities: Held-to-maturity securities........... 1,099,736 Available-for-sale securities......... 3,882,686 Federal funds sold and Securities pur- chased under agreements to resell..... 2,568,530 Loans and lease financing receivables: Loans and leases, net of unearned income ............................. 35,019,608 LESS: Allowance for loan and lease losses ....................... 627,350 LESS: Allocated transfer risk reserve............................. 0 Loans and leases, net of unearned income, allowance, and reserve 34,392,258 Assets held in trading accounts......... 2,521,451 Premises and fixed assets (including capitalized leases)................... 659,209 Other real estate owned................. 11,992 Investments in unconsolidated subsidiaries and associated companies............................. 226,263 Customers' liability to this bank on acceptances outstanding............... 1,187,449 Intangible assets....................... 781,684 Other assets............................ 1,736,574 ----------- Total assets............................ $56,153,587 =========== LIABILITIES Deposits: In domestic offices................... $27,031,362 Noninterest-bearing .................. 11,899,507 Interest-bearing ..................... 15,131,855 In foreign offices, Edge and Agreement subsidiaries, and IBFs...... 13,794,449 Noninterest-bearing .................. 590,999 Interest-bearing ..................... 13,203,450 Federal funds purchased and Securities sold under agreements to repurchase... 2,338,881 Demand notes issued to the U.S. Treasury.............................. 173,851 Trading liabilities..................... 1,695,216 Other borrowed money: With remaining maturity of one year or less............................. 1,905,330 With remaining maturity of more than one year through three years........ 0 With remaining maturity of more than three years......................... 25,664 Bank's liability on acceptances exe- cuted and outstanding................. 1,195,923 Subordinated notes and debentures....... 1,012,940 Other liabilities....................... 2,018,960 ----------- Total liabilities....................... 51,192,576 ----------- EQUITY CAPITAL Common stock............................ 1,135,284 Surplus................................. 731,319 Undivided profits and capital reserves.............................. 3,093,726 Net unrealized holding gains (losses) on available-for-sale securities............................ 36,866 Cumulative foreign currency transla- tion adjustments...................... ( 36,184) ----------- Total equity capital.................... 4,961,011 ----------- Total liabilities and equity
capital .............................. $56,153,587 =========== I, Robert E. Keilman, Senior Vice President and Comptroller of the above- named bank do hereby declare that this Report of Condition has been prepared in conformance with the instructions issued by the Board of Governors of the Federal Reserve System and is true to the best of my knowledge and belief. Robert E. Keilman We, the undersigned directors, attest to the correctness of this Report of Condition and declare that it has been examined by us and to the best of our knowledge and belief has been prepared in conformance with the instructions issued by the Board of Governors of the Federal Reserve System and is true and correct. ] Thomas A. Renyi ] Alan R. Griffith ] Directors J. Carter Bacot ] ] - --------------------------------------------------------------------------------