pro forma statement

Pro forma statement

A financial statement showing the forecast or projected operating results and balance sheet, as in pro forma income statements, balance sheets, and statements of cash flows.

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 statement

Anticipated revenues and expenses of a business. Development projects will include a pro forma statement (pro forma for short) for each month or quarter until the project reaches stabilized occupancy,and then a separate pro forma for a representative 12 months at stabilized occupancy.Many developers prepare three pro formas for every project:best case,worst case, and most likely case.

References in periodicals archive ?
A full unaudited condensed consolidated pro forma balance sheet as of June 30, 2014, and unaudited condensed consolidated pro forma statement of operations for the six months ended June 30, 2014 and the year ended Dec.
According to the company's 2000 pro forma statement, which includes the Nonious acquistion (see IBO 3/31/01), it posted net income of $683,000 on net sales of $77.
The buyer required three years of tax returns, a 12-month pro forma statement, a cost and revenue analysis of the top five customers, an operational study illustrating the labor cost for three different product types, six months' bank statements, and a break-even analysis," he explains.
The adjusted pro forma statement of operations assumes that the Transaction occurred at the beginning of the period presented.
ChipMOS" or the "Company") released today its unaudited pro forma statement of operations for the year ended December 31, 2006 and its unaudited pro forma balance sheet as of December 31, 2006.
15 (k) See attached footnotes to the Unaudited Condensed Consolidated Pro Forma Statement of Income * Represents aggregate successor and predecessor results for the period presented.
03) Weighted average shares-diluted 224,362 200,250 208,722 Pro Forma Statement of Operations (unaudited) (in thousands except per share data) Three months ended Dec 31, 2003 Dec 31, 2002 Sept 30, 2003 Revenues $ 50,312 $ 35,710 $ 42,791 Costs and expenses: Cost of revenues 17,869 16,176 17,515 Engineering and development 20,037 20,611 21,686 Selling, general and administrative 12,025 13,993 12,947 Income (loss) from operations 381 (15,070) (9,357) Other income (expense), net (161) 699 (224) Income (loss) before income taxes 220 (14,371) (9,581) Income tax expense (benefit) 48 (4,742) (3,162) Net income (loss) $ 172 $ (9,629) $(6,419) Weighted average shares - diluted 224,362 200,250 208,722 Net income (loss) per share -diluted $ 0.
The tax provision (benefit) in the pro forma statement for the periods presented for fiscal years 2004 and 2003 is computed using a tax rate of 34%.
The pro forma statement of income for the year ended December 31, 2003 includes no adjustments to revenue (year ended December 31, 2002 - $6.
expense in the 2003 pro forma statement of operations to record the
Please consult the table immediately following the pro forma Statement of Operations for a reconciliation of pro forma results to GAAP results.