pro forma financial statement


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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 ?
Like the background budgets, the Pro Forma Financial Statements can be updated quickly and easily from year to year and from situation to situation if you use an Excel-based budget.
Describing the creation of Pro Forma Financial Statements to this audience is a daunting task.
Once you've completed the Pro Forma Financial Statements, you may want to create a copy of the file to serve as a basic template.
This article (Part 5) continued summarizing and organizing the important information from earlier budgets by creating the Pro Forma Financial Statements.
Notes to the unaudited condensed consolidated pro forma financial statements.
The following unaudited condensed consolidated pro forma financial statements are based upon the historical consolidated financial statements of U.
The unaudited condensed consolidated pro forma financial statements are provided for illustrative purposes only and are not necessarily indicative of the operating results or financial position that would have occurred had the deconsolidation of USSC occurred on June 30, 2014 for the unaudited condensed consolidated pro forma balance sheet, or on January 1, 2013 for the unaudited condensed consolidated pro forma statements of operations for the six months ended June 30, 2014 and the year ended December 31, 2013.
More information relating to GreenWorks' consolidated historical and pro forma financial statements can be found in GreenWorks' Form 8K filed on December 29, 2004 with the Securities and Exchange Commission.
The purpose of this amendment was to file audited financial statements for Available Money as well as pro forma financial statements reporting financial results that would have occurred had the acquisitions of Available Money and Money Centers of America, Inc.
The pro forma financial statements report revenues of $12,462,384 and net income of $955,015 for the year ended March 31, 2003 and revenues of $12,689,035 and net income of $1,356,630 for the nine-month period ended December 31, 2003.
The payment of this dividend will have no material impact on the pro forma financial statements contained in the Goldcorp take-over bid circular dated December 29, 2004 or on earnings per share and other similar financial calculations of the combined Wheaton River/Goldcorp.