Form: 305B2

Application for designation of a new trustee under the Trust Indenture Act

February 4, 2005

 

EXHIBIT 7

Consolidated Report of Condition of
THE BANK OF NEW YORK TRUST COMPANY, N.A.
of 700 S. Flower Street, 2nd Floor, Los Angeles, CA 90017

     At the close of business November 30, 2004, published in accordance with Federal regulatory authority instructions.

Dollar Amounts
in Thousands

ASSETS

         
Cash and balances due from depository institutions:
       
Noninterest-bearing balances and currency and coin
    11,020  
Interest-bearing balances
    20  
Securities:
       
Held-to-maturity securities
    8,930  
Available-for-sale securities
    29,892  
Federal funds sold and securities purchased under agreements to resell:
       
Federal funds sold
    25,700  
Securities purchased under agreements to resell
    111,000  
Loans and lease financing receivables:
       
Loans and leases held for sale
    0  
Loans and leases, net of unearned income
    0  
LESS: Allowance for loan and lease losses
    0  
Loans and leases, net of unearned income and allowance
    0  
Trading assets
    0  
Premises and fixed assets (including capitalized leases)
    2,365  
Other real estate owned
    0  
Investments in unconsolidated subsidiaries and associated companies
    0  
Customers’ liability to this bank on acceptances outstanding
    0  
Intangible assets:
       
Goodwill
    237,448  
Other Intangible Assets
    17,614  
Other assets
    25,184  
 
     
Total assets
  $ 469,173  
 
     

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LIABILITIES
       
 
       
Deposits:
       
In domestic offices
       
Noninterest-bearing
    12,587  
Interest-bearing
    0  
Not applicable
       
Federal funds purchased and securities sold under agreements to repurchase:
       
Federal funds purchased
    0  
Securities sold under agreements to repurchase
    0  
Trading liabilities
    0  
Other borrowed money:
       
(includes mortgage indebtedness and obligations under capitalized leases)
    58,193  
Not applicable
       
Bank’s liability on acceptances executed and outstanding
    0  
Subordinated notes and debentures
    0  
Other liabilities
    45,767  
 
     
Total liabilities
  $ 116,548  
 
     
Minority interest in consolidated subsidiaries
    0  
 
       
EQUITY CAPITAL
       
 
       
Perpetual preferred stock and related surplus
    0  
Common stock
    1,000  
Surplus
    294,050  
Retained earnings
    57,632  
Accumulated other comprehensive income
       
Other equity capital components
    (57 )
 
     
Total equity capital
  $ 352,625  
 
     
Total liabilities, minority interest, and equity capital
  $ 469,173  
 
     

     I, Thomas J. Mastro, 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 appropriate Federal regulatory authority and is true to the best of my knowledge and belief.

     Thomas J. Mastro         )     Comptroller

     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 appropriate Federal regulatory authority and is true and correct.

     Richard G. Jackson        )
     Nicholas C. English       )      Directors
     Karen B. Shupenko       )

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