CE SOFTWARE, INC. Balance Sheets June 30, 2003 and September 30, 2002 (Unaudited)
	June 30	September 30
Assets
Current assets:
Cash and cash equivalents	$ 30,009	$ 180,899
Trade accounts receivable	74,569	172,482
Inventories	79,671	79,454
Other current assets	62,331	72,976
Total current assets	246,580	505,811
Property, fixtures, and equipment:
Land	82,877	82,877
Building	1,312,016	1,312,016
Fixtures and equipment	2,076,490	2,449,671
Total property, fixtures, and equipment	3,471,383	3,844,564
Less accumulated depreciation	2,557,910	2,874,481
Net property, fixtures, and equipment	913,473	970,083
Intangible assets, net of amortization	32,767	80,118
Other assets	34,329	24,551
Total assets	$1,227,149 ========	$1,580,563 ========
Liabilities and Stockholders' Equity
Current liabilities:
Current portion of long-term debt	$ 43,347	$ 40,536
Trade accounts payable	125,952	67,103
Accrued payroll and benefits	80,172	87,938
Other accrued payables	46,090	62,782
Deferred revenue	-	3,341
Total current liabilities	295,561	261,700
Long-term debt, net of current portion	401,167	434,113
Total liabilities	696,728	695,813
Stockholders' equity:
Common stock	144,830	145,498
Additional paid-in capital	1,556,900	1,557,903
Accumulated deficit	(1,171,309)	(818,651)
Total stockholders' equity	530,421	884,750
Total liabilities and stockholders' equity	$1,227,149 ========	$1,580,563 ========

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