pro forma financial statement

(redirected from Pro Forma Income Statements)

Pro Forma Financial Statement

A financial statement that a company prepares to consider the effects of a potential activity. For example, if a company is considering acquiring another, it may prepare a pro forma financial statement to estimate what effect the acquisition would have on its own financial circumstances. A pro forma financial statement can be part of the risk analysis of a situation. See also: Due diligence.

pro forma financial statement

A financial statement constructed from projected amounts. A firm might construct a pro forma income statement based on projected revenues and costs for the following year. Likewise, a firm may wish to develop a set of pro forma statements to determine the effect of a projected stock buyback.
References in periodicals archive ?
See attached pro forma income statements for reconciliation of 2014 and 2013 GAAP to pro forma amounts.
The Company provides reconciliations between the pro forma and Adjusted pro forma income statements which are presented in tables at the end of this press release.
Pro forma income statements excluding financial results for Covance's biomanufacturing business for the full year 2000 will be available post closing of the transaction.
The pro forma income statements reflect the TomTom outcomes as if Tele Atlas was acquired at 1 January 2007, the first day of TomTom's financial year, and include the effects of the preliminary purchase price allocation.
The Company provides reconciliation between pro forma and adjusted pro forma income statements which is displayed in tables at the end of this press release.
Pro forma income statements for the three and nine months ended September 30, 2006 and September 30, 2007 and pro forma customer statistics as of June 30, 2007, December 31, 2006 and September 30, 2006 are provided in the addendum of this news release.
Pro forma income statements for the three months ended March 31, 2006, and pro forma customer statistics are provided in the addendum of this news release.
Management believes that the Pro Forma Income Statements included in this release are a key measure to evaluate its operations as management believes they provide a better comparison of the Company's 2006 results of operations to 2005.
The following tables highlight the impact of the adjustments on the Company's GAAP and Pro Forma income statements and balance sheet for the third quarter ended September 30, 2004:
As previously announced, throughout 2004 Digital Insight will record an effective tax rate of approximately 38% on its GAAP and non-GAAP pro forma income statements, which is significantly higher than the 10% tax rate applied to GAAP results in Q1 2003.
In the fourth quarter of 2003, Castelle began including both GAAP and pro forma income statements.
ANTEON INTERNATIONAL CORPORATION PRO FORMA INCOME STATEMENTS for the three months ended December 31, 2001 and 2002 ($ in thousands, except EPS) Three Months Ended December December 2001 2002 % Change Revenues $179,826 $216,946 20.