pro forma


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Related to pro forma: Pro Forma Balance Sheet

Pro forma

A financial projection based on assumptions. Also, refers to a statement of income and balance sheets that exclude non-recurring items.

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

prescribing a set form or procedure. For instance, a pro forma invoice may be sent to a customer in advance of a transaction to facilitate paperwork, or a pro forma projected SOURCES AND USES OF FUNDS STATEMENT may be constructed to show the bank manager the anticipated future financial situation as a basis for negotiating a short-term LOAN.

pro forma

See pro forma statement.

References in periodicals archive ?
An engagement to compile pro forma financial information may be undertaken as a separate engagement or in conjunction with a compilation of financial statements.
Explain why investors should care about the pro forma--For investors to properly evaluate pro forma measures, they have to understand its purpose, so it's important that management provide investors with a rationale for the use of these measures (i.
The requisite transparency is directly linked to another facet of presenting pro forma information: reconciliation to GAAP-based earnings.
Management recognizes that the use of Adjusted Pro Forma measures has limitations, including the fact that management must exercise judgment in determining which types of charges should be excluded from the Adjusted Pro Forma financial information.
B) -- Pro forma net income assumes (i) a reduction in interest expense resulting from the application of proceeds of the initial public offering to repay indebtedness as if it occurred at the beginning of 1993 and (ii) that all subsidiaries were subject to income tax as C Corporations in both periods.
Pro forma adjustments: Includes Deluxe Homes of Columbus operating data for the three months ended September 30, 1993 and gives pro forma effect of income taxes.
On a pro forma basis Millicom has grown its subscribers by 62% in the last year and growth is accelerating in Q2 2006, up 15% from the previous quarter.
Without the results of the spun-off businesses, pro forma earnings for the first nine months of 1994 would have been $66.
31, 2005, the ratio of total consolidated debt to pro forma EBITDA (for Loma Negra) was 3.
7-million after-tax gain, or 11 cents per share, on the sale of the solimide business, was up 329 percent from pro forma earnings of $4.
Pro forma net earnings during the first six months of 1994 totaled $330,269, or $.
The rating reflects solid historical coverage of pro forma maximum annual debt service (MADS), a dominant market position in its primary service area, and the benefits of BMH's close relationship with the Beloit Clinic.