The unaudited condensed consolidated pro forma balance sheet reflects the deconsolidation of USSC assuming the CCAA filing had occurred on June 30, 2014 while the unaudited condensed consolidated pro forma statements
of operations give effect to the deconsolidation assuming the CCAA filing had occurred on January 1, 2013.
Pro forma statements
("If most expenses are ignored or capitalized as customer database development, operations will appear marginally profitable, so buy our stock").
The FASB also plans a project on reporting financial performance, though Lucas said he saw little relationship between the project and the controversy over pro forma statements
However, pro forma statements
are not audited and may not even be reconcilable with financial statements filed with the commission.
Prior years' financial statements are generally not altered, but pro forma statements
are issued to show how the statements would have looked if the new method had been used.
Third quarter fiscal 2005 pro forma statements
of operations have been provided in Schedule III as if the acquisition of Electronics Boutique Holding Corp.
The following unaudited condensed consolidated pro forma statements
of income for the three month and the nine month periods ended September 30, 2006 and September 30, 2005, present the consolidated results of operations of Evercore Partners assuming that the reorganization had been completed as of both January 1, 2006 and January 1, 2005.
Recently you expressed your view on pro forma statements
("Let's Be Balanced With Pro Forma Earnings," From the President, June 2001).
The above analysis contains forward looking and pro forma statements
and is considered estimates.
The restatement of the AMI Statements also require Angiotech to update and refile its pro forma statements
(the "Pro Forma Statements
") relating to the AMI acquisition that were previously filed by Angiotech on Form 6-K on June 6, 2006.
The above pro forma statements
are based on the Company's consolidated statements of operations for the periods presented.
Then use this information to develop pro forma statements
showing the past results with adjustments made as if the target company had been owned by yours during that period.