June 2004 Results

CE SOFTWARE, INC. Balance Sheets June 30, 2004 and September 30, 2003 (Unaudited)
	June 30	September 30
Assets
Current assets:
Cash and cash equivalents	$ 587,191	$ 541,137
Short-term investments	14,001	-
Contract receivable (note 1)	43,758	-
Trade accounts receivable	16,066	67,410
Inventories	-	65,865
Other current assets	24,491	58,115
Total current assets	685,507	732,527

Property, fixtures, and equipment:
Fixtures and equipment	-	1,924,808
Total property, fixtures, and equipment	-	1,924,808
Less accumulated depreciation	-	1,897,124
Net property, fixtures, and equipment	-	27,684

Intangible assets, net of amortization	-	21,845
Other assets	-	1,298
Total assets	$ 685,507 ========	$ 783,354 ========
Liabilities and Stockholders' Equity
Current liabilities:
Trade accounts payable	$ 7,467	21,528
Accrued payroll and benefits	20,520	80,214
Other accrued payables	3,007	31,048
Deferred revenue	-	7,200
Total current liabilities	30,994	139,990
Total liabilities	30,994	139,990

Stockholders' equity:
Common stock ($10.00 par)	148,330	144,830
Additional paid-in capital	1,560,044	1,556,900
Unrealized loss	(4,180)	-
Accumulated deficit	(1,049,681)	(1,058,366)
Total stockholders' equity	654,513	643,364
Total liabilities and stockholders' equity	$ 685,507 ========	$ 783,354 ========
	June 30	September 30
Total Assets	$685,507	$ 783,354
Total Liabilities	30,994	139,990
Total Stockholders' Equity	654,513	643,364
Cash and Investments	601,192	541,137

Note 1: Receivable per contract on sale of software products and equipment.