Press Release        Balance Sheets        Statements of Operations        Statements of Stockholders' Equity        Statement of Cash Flow

CE SOFTWARE, INC.
Pro Forma Balance Sheets
September 30, 2007 and 2006
(Unaudited)

 

September 30, 2007

September 30. 2006

Assets

 

 

Current assets:

 

 

   Cash and cash equivalents

$ 217,590

$ 272,706

   Contract receivable (note 1)

43,758

43,758

   Other current assets

             -

   11,667

      Total current assets

  261,348

  328,131

      Total assets

$ 261,348
========

$ 328,131
========

Liabilities and Stockholders' Equity    
Current liabilities:    
   Trade accounts payable

$  6,070

$  1,500

   Accrued payroll and benefits

    2,155

    5,586

      Total current liabilities

   8,225

   7,086

      Total liabilities

   8,225

   7,086

     
Stockholders' equity:    
   Common stock ($10.00 par)

148,330

148,330

   Additional paid-in capital

1,560,044

1,560,044

   Accumulated deficit

(1,455,251)

(1,387,329)

      Total stockholders' equity

   253,123

   321,045

      Total liabilities and stockholders' equity

$ 261,348
========

$ 328,131
========

 

September 30, 2007

September 30, 2006

Total Assets

$ 261,348

$ 328,131

Total Liabilities

8,225

7,086

Total Stockholders' Equity

253,123

321,045

Cash and Investments

217,590

272,706

     
Note 1: Receivable on balance of pro forma contract sale of software products and equipment.

Press Release        Balance Sheets        Statements of Operations        Statements of Stockholders' Equity        Statement of Cash Flow