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What is the difference between pro forma and PL?

Pro forma income statements, also called pro forma profit and loss (pro forma PL), are projections based on your past income statements. Regular income statements, sometimes called statement of financial performance, are exacting, in that they reflect the exact income figures your company had in past years.

What are the 3 pro forma statements?

They include the pro forma cash flow statement, the pro forma income statement, and the pro forma balance sheet.

Is pro forma same as cash flow statement?

Individual energy projects are often evaluated using PL and Cash Flow statements that jointly are known as the pro forma. Unlike the PL and Cash Flow statements for a company, which should represent actual historical data, the pro forma represents the analysts evaluation of the financial worthiness of a potential

What is a pro forma adjustment to net earnings?

Pro forma earnings per share (EPS) are calculated by dividing a firms net income (and any adjustments) by its weighted shares outstanding, plus any new shares issued due to an acquisition. These are changes to the expected results of operations.

What is pro forma also known as?

Pro forma means for the sake of form or as a matter of form. When it appears in financial statements, it indicates that a method of calculating financial results using certain projections or presumptions has been used.

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