Balance Sheet

Current Liabilities	83m
Accounts Payable	21.4m
Accrued Liabilities	17.2m
Other Current Liabilities	44.3m
Non-Current Liabilities	215.8m
Long-Term Debt	209m
Other Non-Current Liabilities	6.9m

Currency: USD

	Dec-2011	Dec-2012	Dec-2013	Dec-2014	Dec-2015	Dec-2016	Dec-2017	Dec-2018	Dec-2019	Dec-2020
Assets
Cash & Cash Equivalents	21	23	28	22	29	27	33	27	13	21
Cash Equivalents	21	23	28	22	29	27	33	27	13	21
Total Receivables	1	1	2	1	0	1	2	4	10	17
Accounts Receivables	0	1	2	8	7	8	9	13	21	29
Other Receivables	1	0	0	6	7	7	7	10	10	12
Other Current Assets	3	3	4	4	3	3	3	3	5	5
Total Current Assets	24	27	34	27	32	31	38	34	28	44
PP&E Net	2	2	3	4	4	4	4	4	19	22
PP&E Gross	2	2	3	4	4	4	4	4	19	22
Accumulated Depreciation	28	28	27	27	28	29	30	32	36	40
Intangible Assets	0	0	0	0	0	0	6	15	146	144
Other Long-Term Assets	49	51	52	50	49	46	26	38	49	45
Other Assets	2	2	2	2	2	2	9	14	171	195
Total Assets	78 N/A	83 +7%	91 +10%	84 -8%	87 +4%	82 -6%	81 -1%	105 +29%	413 +295%	450 +9%
Liabilities
Accounts Payable	0	1	1	1	0	0	1	1	14	20
Accrued Liabilities	2	2	2	3	4	4	6	10	16	15
Short-Term Debt	0	0	0	0	0	0	0	0	0	0
Current Portion of Long-Term Debt	0	0	0	0	0	0	0	0	3	3
Other Current Liabilities	17	18	19	22	24	26	29	31	41	41
Total Current Liabilities	19	21	22	25	28	31	36	41	75	79
Long-Term Debt	0	0	0	0	0	0	0	0	179	210
Other Liabilities	1	1	3	2	2	3	2	3	11	11
Total Liabilities	20 N/A	22 +9%	25 +13%	28 +12%	31 +11%	33 +9%	38 +14%	44 +16%	265 +506%	300 +13%
Equity
Common Stock	1	1	1	1	1	1	1	1	107	116
Retained Earnings	265	254	243	239	234	228	236	216	241	257
Additional Paid In Capital	354	356	359	362	372	374	382	385	392	402
Treasury Stock	33	42	50	67	82	98	102	108	110	113
Other Equity	0	0	0	0	0	0	0	0	0	2
Total Equity	58 N/A	61 +6%	66 +8%	56 -15%	57 +1%	49 -14%	44 -11%	61 +40%	148 +143%	150 +1%
Total Liabilities & Equity	78 N/A	83 +7%	91 +10%	84 -8%	87 +4%	82 -6%	81 -1%	105 +29%	413 +295%	450 +9%
Shares Outstanding
Common Shares Outstanding	64	61	61	57	57	54	55	54	56	57
Preferred Shares Outstanding	0	0	0	0	0	0	0	0	0	0

Zix Corp
NASDAQ:ZIXI