5 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE AUGUST 31, 1997 CONSOLIDATED FINANCIAL STATEMENTS AND RELATED NOTES TO CONSOLIDATED FOR FINANCIAL STATEMENTS OF PAYCHEX, INC., AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. 0000723531 PAYCHEX, INC. 1,000 3-MOS 3-MOS MAY-31-1998 MAY-31-1997 JUN-01-1997 JUN-01-1996 AUG-31-1997 AUG-31-1996 53,316 18,920 1,066,627 729,240 58,724 49,568 0 0 0 0 1,181,930 802,176 131,509 113,789 75,973 62,431 1,244,334 859,082 969,796 651,438 0 0 0 0 0 0 1,086 717 268,620 203,562 1,244,334 859,082 0 0 218,583 166,042 0 0 135,942 101,333 0 0 0 0 0 0 32,545 23,582 9,471 6,509 23,074 17,073 0 0 0 0 0 0 23,074 17,073 .21 .16 .21 .16 SECURITIES - Includes amounts related to Electronic Network Services investments with a balance at August 31, 1997 and 1996 of $920,565 and $608,032, respectively. Prior to May 1997, the Company did not report the Electronic Network Services (ENS) funds as assets and liabilities based on its understanding of the nature of the funds and industry practices. Due to recent changes in case law, the Company restated previously reported consolidated financial statements to reflect the ENS funds and related client deposits as current assets and current liabilities on the consolidated balance sheets. This restatement had no effect on previously reported net income or earnings per share.