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EXHIBIT 99.2
Metricom, Inc.
Condensed Consolidated Balance Sheet
(In thousands)
(Unaudited)
September 30, 1997
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PRO FORMA
ACTUAL ADJUSTMENTS PRO FORMA
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ASSETS
Current Assets:
Cash and cash equivalents $ 4,956 $ 53,738 $ 58,694
Short-term investments 14,296 14,296
Accounts receivable, net 2,044 2,044
Inventories 4,058 4,058
Prepaid expenses and other 1,232 1,232
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Total current assets 26,586 53,738 $ 80,324
Property and equipment, net 30,908 30,908
Other assets 3,641 3,641
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Total assets $ 61,135 $ 53,738 $ 114,873
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LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable $ 3,413 $ $ 3,413
Accrued liabilities 5,788 5,788
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Total current liabilities 9,201 9,201
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Other liabilities: 834 834
Long-term debt 45,000 45,000
Minority interest 4,598 4,598
Stockholders' equity:
Common stock 14 5 19
Additional paid-in capital 134,183 53,733 187,916
Accumulated deficit (132,692) (132,692)
Unrealized holding loss on
investments (3) (3)
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Total stockholders' equity 1,502 53,738 55,240
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Total liabilities and
stockholders' equity $ 61,135 $ 53,738 $ 114,873
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