| Current Month | Year to Date | |
| Cash Flows from operating activities | ||
| Net Income | 30,326.34 | 130,448.50 |
| Adjustments to reconcile net | ||
| income to net cash provided | ||
| by operating activities | ||
| ACCOUNTS RECEIVABLE | <17,563.67> | <58,532.32> |
| A/R - MISCELLANEOUS | <7,500.00> | <7,500.00> |
| RESERVE - DOUBTFUL ACCTS. | 3,000.00 | 13,000.00 |
| DUE FROM LMA: RECOG. REV. | <14,217.40> | 37,860.21 |
| DUE FROM LMA: OTHER | 0.00 | 300.00 |
| DUE FROM CHESS TRUST | <1,235.10> | <7,716.65> |
| CT: 99 CHESSATHON | 0.00 | 11,173.32 |
| CT: DONATIONS PATRON | 0.00 | 20,780.00 |
| CT: DONATIONS SCHOL SETS | 0.00 | 1,048.00 |
| CT: ADMIN USCF | <1,643.94> | <11,439.46> |
| CT: SCHOLASTIC ENTRIES | 0.00 | 408.00 |
| CT: POSTAGE | 0.00 | 2,218.20 |
| CT: MISC. OTHER | 0.00 | 9,312.89 |
| EXCHANGE | 0.00 | <8,929.00> |
| EXCHANGE: PAYROLL | 0.00 | 10,946.35 |
| AP/AR EXCHANGE | 0.00 | <1,145.40> |
| EXCH: MULTIMEDIA | 0.00 | <2,000.00> |
| EXCH: FIDE - Rapid Rating | 0.00 | 232.00 |
| EXCHANGE: MISCELANEOUS | 0.00 | <209.60> |
| RETURNED CHECKS | <1,212.75> | <4,651.86> |
| RET CREDIT CARD CHARGES | <110.40> | <5,220.67> |
| PAYROLL TRANSFER | 94.88 | 1,733.20 |
| ROYALTIES RECEIVABLE | 0.00 | 9,170.42 |
| INVENTORY | <19,290.83> | <16,079.60> |
| PREPAID EXPENSES | 3,145.72 | 0.00 |
| PREPAID-PROPERTY TAXES | 1,127.27 | <1,080.61> |
| PREPAID-INSURANCE | 971.67 | 804.15 |
| PREPAID-REPAIRS & MAINT. | 467.19 | 2,793.15 |
| PREPAID-INVENTORY | 87,053.49 | <21,738.82> |
| PREPAID - HEALTH INS. | 13,754.41 | 13,754.41 |
| DFD OPN PRZ 99 NATL OPEN | 0.00 | <50.00> |
| PATENTS | 86.67 | 953.37 |
| ACCOUNTS PAYABLE | 61,266.67 | 44,211.95 |
| ADDITIONAL ACCTS. PAYABLE | 0.00 | <6,000.00> |
| ACCRUED ACCTS. PAYABLE | 6,514.70 | <32,891.87> |
| ACCTS PYBLE: INTERNET CC | 0.00 | <71.00> |
| CT: OTHER | 0.00 | 4.38 |
| CT: DONATIONS | 220.14 | <4,651.64> |
| DUE TO LMA | 9,837.00 | <43,447.25> |
| ACCRUED EXPENSES PAYABLE | 833.33 | <4,940.45> |
| ACCR. EXP.-PENSION PLAN | 2,910.56 | 33,624.03 |
| ACCR. EXP.-PROFESS. FEES | 2,000.00 | <500.00> |
| ACCR. EXP.-SALARIES PYBLE | 4,189.06 | <5,062.48> |
| ACCR. EXP.-VACATION PYBLE | 4,182.15 | <7,028.60> |
| ACCRUED FOR SASP | <1,102.10> | <6,501.60> |
| FEDERAL WITHHOLDING TAX | 0.00 | <1.00> |
| FICA PAYABLE | 0.00 | 0.14 |
| NYS WITHHOLDING TAX | 0.00 | <90.22> |
| NYS SALES TAX PAYABLE | <15.95> | <5,567.78> |
| TAX - ALBANY | 0.00 | 16.22 |
| TAX - ALLEGANY | 0.00 | 3.23 |
| TAX - BROOME | 5.08 | 15.41 |
| TAX-OLEAN,cty (CATTAUGUA) | 0.00 | 3.86 |
| TAX - CAYUGA | 13.16 | 27.11 |
| TAX - CHAUTAUGUA | 0.00 | 21.47 |
| TAX - CHEMUNG | 3.72 | <18.07> |
| TAX - CHENANGO | 0.00 | 7.19 |
| TAX - CLINTON | 0.00 | 46.59 |
| TAX - COLUMBIA | 0.00 | 4.57 |
| TAX - CORTLAND | 0.00 | 1.13 |
| TAX - DELAWARE | 0.00 | 20.90 |
| TAX - DUTCHESS | 5.42 | 125.81 |
| TAX - ERIE | 4.36 | 138.34 |
| TAX - ESSEX | 0.00 | 12.44 |
| TAX - FRANKLIN | 0.00 | 22.26 |
| TAX - GENESEE | 4.21 | 9.28 |
| TAX - GREENE | 0.00 | 14.47 |
| TAX - LEWIS | 0.00 | 16.16 |
| TAX - LIVINGSTON | 0.00 | 5.08 |
| TAX - MADISON | 0.00 | 3.89 |
| TAX-ONEIDA,cty (MADISON) | 0.00 | <18.07> |
| TAX - MONROE | 0.00 | 212.86 |
| TAX - NASSAU | 19.32 | 167.48 |
| TAX - NEW YORK CITY | 179.01 | 1,935.59 |
| TAX - NIAGARA | 0.00 | 13.07 |
| TAX - ONEIDA | 0.00 | 17.08 |
| TAX-ROME,cty (ONEIDA) | 0.00 | 2.14 |
| TAX-UTICA, cty(ONEIDA) | 0.00 | 2.07 |
| TAX - ONONDAGA | 0.00 | 198.84 |
| TAX - ONTARIO | 0.00 | 17.24 |
| TAX - ORANGE | 53.20 | 1,183.45 |
| TAX - ORLEANS | 0.00 | 3.00 |
| TAX - OTSEGO | 8.44 | 8.44 |
| TAX - PUTNAM | 0.00 | 3.94 |
| TAX - RENSSELAER | 0.00 | 17.25 |
| TAX - ROCKLAND | 16.81 | 26.07 |
| TAX - SARATOGA | 0.00 | 56.90 |
| TAX - SCHENECTADY | 2.47 | 35.41 |
| TAX - STEUBEN | 5.16 | 29.65 |
| TAX - SUFFOLK | 12.02 | 132.76 |
| TAX - SULLIVAN | 0.00 | 11.40 |
| TAX - TOMPKINS | 0.00 | 17.23 |
| TAX-ITHACA,cty (TOMPKINS) | 0.00 | 3.42 |
| TAX - ULSTER | 0.00 | 62.25 |
| TAX - WARREN | 0.00 | 3.19 |
| TAX - WASHINGTON | 10.97 | 29.04 |
| TAX - WAYNE | 0.00 | 17.30 |
| TAX - WESTCHESTER | 10.42 | 352.30 |
| TAX-WHITE PLAINS,cty(WSTC | 0.00 | 36.25 |
| TAX-YONKERS,cty (WSTCHST) | 0.00 | 20.16 |
| TAX - WYOMING | 1.84 | 9.48 |
| TAX - YATES | 0.00 | 1.60 |
| SALES TAX: OUT OF STATE | 0.00 | <74.37> |
| DEF. REV. ROYALTIES | 0.00 | <15.00> |
| DEF. REV. GIFT CERTIFICTS | <406.21> | <2,131.63> |
| DEF. REV. TNMT GIFT CERT. | 0.00 | <7,652.06> |
| DEFERRED CORRES. CHESS PRIZES | 0.00 | <4,475.00> |
| DEFERRED OPEN REVENUES | 0.00 | 2,365.00 |
| DFD OPN E FEES | <46,078.90> | <57,830.33> |
| DFD OPN E FEES 98 PAN AM | 20.00 | 4,905.00 |
| DFD OPN E FEES 98 US JR O | 0.00 | <70.00> |
| DFD OPN E FEES 98 USAT MW | 0.00 | 255.00 |
| DFD OPN E FEES MISC | 0.00 | <2,000.00> |
| DFD INC MULTI REGULAR | <3,583.24> | <73,981.61> |
| DFD INC MULTI SR | <276.97> | <5,730.80> |
| DFD INC MULTI YOUTH | <134.50> | <6,603.83> |
| DFD INC MULTI SCHOLASTIC | 472.73 | 275.23 |
| DEF REV CORRES. CHESS | 0.00 | 100.00 |
| G.M. BENEFITS FUND | 399.40 | 8,044.40 |
| CHESS INFORMANT ACCOUNT | 0.00 | 5.00 |
| Total Adjustments | 88,530.69 | <188,228.58> |
| Net Cash provided by Operations | 118,857.03 | <57,780.08> |
| Cash Flows from investing activities | ||
| Used For | ||
| FIXED ASSETS: TELEPHONE | 0.00 | <3,033.87> |
| FIXED ASSETS: COMPUTER | <6,400.35> | <12,966.23> |
| FIXED ASSETS: FURN &EQUIP | 0.00 | <2,043.11> |
| Net cash used in investing | <6,400.35> | <18,043.21> |
| Cash Flows from financing activities | ||
| Proceeds From | ||
| NOTES PAYABLE | 500.00 | 500.00 |
| DUE TO LMA - LOAN | 2,003.37 | 20,703.12 |
| Used For | ||
| NOTES PAYABLE | <5,500.00> | <27,631.75> |
| NOTES PAYABLE - COMPUTER | 0.00 | <9,017.49> |
| DUE TO LMA - LOAN | 0.00 | <42,175.24> |
| Net cash used in financing | <2,996.63> | <57,621.36> |
| Net increase <decrease> in cash | 109,460.05 | <133,444.65> |
| Summary | ||
| Cash Balance at End of Period | 340,334.79 | 340,334.79 |
| Cash Balance at Beg of Period | <221,746.01> | <389,979.89> |
| Net Increase <Decrease> in Cash | 118,588.78 | <49,645.10> |