EXHIBIT 7
 
 
Consolidated Report of Condition of
 
THE BANK OF NEW YORK
 
of One Wall Street, New York, N.Y. 10286
And Foreign and Domestic Subsidiaries,
a member of the Federal Reserve System, at the close of business June 30, 2002, published in accordance with a call made by the Federal Reserve Bank of this District pursuant to the provisions of the Federal Reserve Act.
 
ASSETS
   
 
 
Dollar Amounts
In Thousands
Cash and balances due from depository institutions:
       
Noninterest-bearing balances and currency and coin
   
$
2,850,111
Interest-bearing balances
   
 
6,917,898
Securities:
       
Held-to-maturity securities
   
 
1,201,319
Available-for-sale securities
   
 
13,227,788
Federal funds sold in domestic offices
   
 
1,748,562
Securities purchased under agreements to resell
   
 
808,241
Loans and lease financing receivables:
       
Loans and leases held for sale
   
 
974,505
Loans and leases, net of unearned income
   
 
36,544,957
LESS: Allowance for loan and lease losses
   
 
578,710
Loans and leases, net of unearned income and allowance
   
 
35,966,247
Trading Assets
   
 
6,292,280
Premises and fixed assets (including capitalized leases)
   
 
860,071
Other real estate owned
   
 
660
Investments in unconsolidated subsidiaries and associated companies
   
 
272,214
Customers’ liability to this bank on acceptances outstanding
   
 
467,259
Intangible assets
       
Goodwill
   
 
1,804,922
Other intangible assets
   
 
70,679
Other assets
   
 
4,639,158
    
Total assets
   
$
78,101,914
    

LIABILITIES
         
Deposits:
         
In domestic offices
   
$
29,456,619
 
Noninterest-bearing
   
 
11,393,028
 
Interest-bearing
   
 
18,063,591
 
In foreign offices, Edge and Agreement subsidiaries, and IBFs
   
 
26,667,608
 
Noninterest-bearing
   
 
297,347
 
Interest-bearing
   
 
26,370,261
 
Federal funds purchased in domestic offices
   
 
1,422,522
 
Securities sold under agreements to repurchase
   
 
466,965
 
Trading liabilities
   
 
2,946,403
 
Other borrowed money: (includes mortgage indebtedness and obligations under capitalized leases)
   
 
1,844,526
 
Bank’s liability on acceptances executed and outstanding
   
 
469,319
 
Subordinated notes and debentures
   
 
1,840,000
 
Other liabilities
   
 
5,998,479
 
    
Total liabilities
   
$
71,112,441
 
    
Minority interest in consolidated subsidiaries
   
$
500,154
 
EQUITY CAPITAL
         
Perpetual preferred stock and related surplus
   
 
0
 
Common stock
   
 
1,135,284
 
Surplus
   
 
1,055,509
 
Retained earnings
   
 
4,244,963
 
Accumulated other comprehensive income
   
 
(53,563
)
Other equity capital components
   
 
0
 
    
Total equity capital
   
 
6,489,319
 
    
Total liabilities minority interest and equity capital
   
$
78,101,914
 
    

 
I, Thomas J. Mastro, Senior Vice President and Comptroller of the above-named bank do hereby declare that this Report of Condition is true and correct to the best of my knowledge and belief.
 
Thomas J. Mastro,
Senior Vice President and Comptroller
 
We, the undersigned directors, attest to the correctness of this statement of resources and liabilities. We 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 and is true and correct.
 
Thomas A. Renyi
Gerald L. Hassell
Alan R. Griffith
  
Directors