<PAGE>   1
                                                                      Exhibit 99

                        CHECKFREE MANAGEMENT CORPORATION
                       UNAUDITED CONDENSED BALANCE SHEETS

<TABLE>
<CAPTION>

                                                                                       June 30,      September 30,
                                                                                         1999            1999
                                                                                      ----------     -------------
                                                                                          (In thousands, except
                                                                                                share data)
<S>                                                                                   <C>            <C>
                                     ASSETS

Current assets:
     Cash.....................................................................        $      291     $        (3)
     Related party note receivable, current portion...........................             1,970           2,319
                                                                                      ----------     -----------
                    Total current assets......................................             2,261           2,316
Related party note receivable, less current portion...........................            27,798          27,021
                                                                                      ----------     -----------
                    Total.....................................................        $   30,059     $    29,337
                                                                                      ==========     ===========
                      LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
     Claims payable............................................................       $      318     $       226
     Accrued liabilities.......................................................                -             132
     Deposit for future claims liability.......................................            1,970           2,319
                                                                                      ----------     -----------
                    Total current liabilities...................................           2,288           2,677

Deposit for future claims liability, less current portion......................           27,430          26,313

Redeemable Preferred Stock:
     Class C,  350 authorized shares, $100  par value;
        350 shares issued and outstanding......................................               36              37
     Class D,  750 authorized shares, $100  par value;
        750 shares issued and outstanding......................................               78              79
                                                                                      ----------     -----------
                    Total redeemable preferred stock...........................              114             116

Stockholders' equity:
     Preferred stock- Class B, 600 authorized shares, $100 par value;
        600 shares issued, no amounts outstanding..............................                -               -
      Common stock- Class A, 1,900 authorized shares, $100 par value;
        1,900 shares issued and outstanding....................................              190             190
     Retained earnings.........................................................               37              41
                                                                                      ----------     -----------
                    Total stockholders' equity.................................              227             231
                                                                                      ----------     -----------
                     Total.....................................................       $   30,059     $    29,337
                                                                                      ==========     ===========
</TABLE>

          See notes to Interim Unaudited Condensed Financial Statements



<PAGE>   2

                        CHECKFREE MANAGEMENT CORPORATION
                   UNAUDITED CONDENSED STATEMENT OF OPERATIONS
<TABLE>
<CAPTION>

                                                                                Three months ended
                                                                                September 30, 1999
                                                                                ------------------
                                                                                  (In thousands)
<S>                                                                                  <C>
Revenues:
     Interest income from related party.................................             $       631
     Other interest income..............................................                       4
                                                                                     -----------
                    Total revenues......................................                     635

Expenses:
     Interest expense on deposit for future claims liability............                     572
     General and administrative.........................................                      59
                                                                                     -----------
                    Total expenses......................................                     631
                                                                                     -----------
Income before income tax................................................                       4
Income tax expense......................................................                       -
                                                                                     -----------
Net income..............................................................                       4
Dividends on redeemable preferred stock.................................                       2
                                                                                     -----------
Net income applicable to common shareholders............................             $         2
                                                                                     ===========
</TABLE>


          See Notes to Interim Unaudited Condensed Financial Statements


<PAGE>   3

                        CHECKFREE MANAGEMENT CORPORATION
                   UNAUDITED CONDENSED STATEMENT OF CASH FLOWS
<TABLE>
<CAPTION>

                                                                            Three Months Ended
                                                                            September, 30 1999
                                                                           --------------------
                                                                               (In thousands)
<S>                                                                           <C>
Cash flows from operating activities:
     Net income...........................................................      $        4
                                                                                ----------
                    Net cash provided by operating activities.............               4

Cash flows from investing activities:
     Principal payments received on related party note....................             429
                                                                                ----------
                    Net cash provided by investing activities.............             429

Cash flows from financing activities:
     Payments made on health plan liabilities.............................            (727)
                                                                                ----------
                    Net cash used in financing activities.................            (727)
                                                                                ----------
 Net decrease in cash.....................................................            (294)
Cash:
     Beginning of period..................................................             291
                                                                                ----------
     End of period........................................................      $       (3)
                                                                                ==========
Supplemental disclosure of cash flow information:
    Interest paid........................................................       $      572
                                                                                ==========
    Dividends accrued on redeemable preferred stock.......................      $        2
                                                                                ==========
</TABLE>


          See notes to Interim Unaudited Condensed Financial Statements



<PAGE>   4

                        CHECKFREE MANAGEMENT CORPORATION
            NOTES TO INTERIM UNAUDITED CONDENSED FINANCIAL STATEMENTS
                  FOR THE THREE MONTHS ENDED SEPTEMBER 30, 1999

1.       INTRODUCTION

         CheckFree Management Corporation ("CheckFree Management") was formed
         from a plan of recapitalization of RCM Systems, Inc., a wholly owned
         subsidiary of CheckFree Holdings Corporation ("CheckFree Holdings"), on
         December 8, 1998. CheckFree Management was formed as a medical claims
         management subsidiary in order to appropriately minimize, control, and
         manage the medical claims liabilities of CheckFree Holdings and its
         subsidiaries. As of September 30, 1999, CheckFree Holdings and its
         subsidiaries own approximately 63% of CheckFree Management.

         The accompanying condensed consolidated financial statements and notes
         thereto have been prepared in accordance with the rules and regulations
         of the Securities and Exchange Commission for Form 10-Q and include all
         of the information and disclosures required by generally accepted
         accounting principles for interim financial reporting. The results of
         operations for the three months ended September 30, 1999 are not
         necessarily indicative of the results for the full year.

         These financial statements should be read in conjunction with the
         financial statements, accounting policies and financial notes thereto
         of CheckFree Management included within CheckFree Holdings Corporation
         and Subsidiaries Annual Report filed with the Securities and Exchange
         Commission on Form 10-K/A. In the opinion of management, the
         accompanying condensed unaudited financial statements reflect all
         adjustments (consisting only of normal recurring adjustments) which are
         necessary for a fair representation of financial results for the
         interim periods presented.

2.       RECENT ACCOUNTING PRONOUNCEMENTS

         In June 1998 the Financial Accounting Standards Board issued SFAS 133,
         "Accounting for Derivative Instruments and Hedging Activities," which
         will require that all derivative financial instruments be recognized as
         either assets or liabilities in the balance sheet. SFAS 133 will be
         effective for the Company's first quarter of fiscal 2001. The Company's
         current investment policy does not allow for the use of hedging
         instruments. In anticipation of the adoption of SFAS 133, the Company
         is currently reviewing all outstanding contracts for evidence of
         embedded derivative. Based on the procedures undertaken through this
         point, management does not believe that adoption of SFAS 133 will have
         a material impact on its results of operations

3.       SUBSEQUENT EVENTS

         On November 19, 1999, CheckFree Corporation, a wholly-owned subsidiary
         of CheckFree Holdings, purchased all outstanding shares of Class D
         Preferred Stock. Subsequent to this purchase, CheckFree Holdings and
         its subsidiaries own 89% of the Company.