Of course, Pro Forma Financial Statements
also provide other important benefits.
Once your Q4 and annual column balance, your Cash Budget is done and you're ready to create the Pro Forma Financial Statements
Future installments of this budgeting series will include a brief discussion of each of the budgets used in a Master Budget: production, including direct materials, direct labor, and manufacturing overhead budgets; ending inventory budgets; selling and administrative budgets; a cash budget; and pro forma financial statements
, including a Balance Sheet, Income Statement, and Statement of Cash Flows.
The amounts allocated to acquired assets and liabilities in the unaudited pro forma financial statements
are based on management's preliminary valuation estimates.
Unaudited pro forma financial statements
for the six-month period ended September 30, 2006 and for the fiscal year ended March 31, 2006 (the pro forma financial statements
reflect the closing in December of Corgi's recent transactions, including the merger with Master Replicas, the acquisition of Cards Inc.
The Company expects to file a report on Form 8-K, including pro forma financial statements
reflecting the effect of the discontinuance of MBT's operations for the year ending December 31, 2005, as early as April 6, 2006.
As required by SEC regulations, the newly combined companies will file pro forma financial statements
reflecting the merger within 75 days.
The company will also file an amendment to that Form 8-K on or before March 31, 2006 to include additional information regarding CareGuide and the combined company, including historical financial statements of CareGuide and pro forma financial statements
of the combined company.
Pursuant to SEC regulation, if the transaction closes, Bonanza Gold will file a current report on Form 8K describing the transaction and Left Behind Games and provide audited and pro forma financial statements
for both companies.
NRG has also filed today a Form 8-K/A to update its previously filed pro forma financial statements
in connection with these offerings and the Texas Genco acquisition.