A financial report or projection adjusted for a change in the operating environment. An example would be where a new company estimates next year numbers by allowing for more stabilized revenue and without costs associated to the initiation of business.

foreign term literally meaning "For the sake of change". However, the term is usually used in project management to mean a standard way of work ing out some kind of financial calculation such as a project financial cost/benefit or investment return calculation. [D02642] RMW Project ed or anticipated, usually applied to financial data such as balance sheets and income statements. [D01248] OTOB 271-4

a financial spreadsheet, based on certain marketing assumptions, which details the flow of expenses and revenues over time and calculates projected profit/loss.

A Latin term meaning "For the sake of form."

Latin.] According to a matter of policy or protocol; following specific rules.

A financial projection of income and expense for a future period. Proforma literally means "according to form."

An item or document provided in advance in a pre-scribed form. The association must provide a "pro forma" budget to the membership each year in advance of the start of the fiscal year. This is an "estimate" of income and expenses for the coming year, usually based on the prior year or years income and costs.

A latin term meaning `for form'. Pro forma financi... Add a comment

Financial projections for a real estate project, which include an income statement and show capital costs, operating revenues and expenses, and return on investment over a period of time.

Presentation of financial information that gives effect to an assumed event (e.g. Merger).

A revenue and expense projection showing anticipated costs and income for the period of the project, usually for at least the first and fifth year of the loan.

A projection or an estimate of future results caused by specific actions in the present. A pro forma financial statement predicts how business will go if certain assumptions come about.

A matter of form Pro Forma procedure is performed subject to and following an agreed manner

A set of figures projecting costs and income on a proposed new property. Used as a basis for capitalization.

Latin for "as a matter of form"; refers to a presentation of data, such as a Balance Sheet or Income Statement, where certain amounts are hypothetical. For example, a pro forma balance sheet might show a debt issue that has been proposed but has not yet been consummated.

Projected annual income and expenses for a rental development for a given period (usually 15 years).

as a formality only; "a one-candidate pro forma election"

in a set manner without serious attention; "they answered my letter pro forma"; "he kissed her cheek perfunctorily"

A projection or an estimate of the company's financial situation if certain assumptions are met. A statement based on assumption.

A statement or report of projections about the possible future performance of an income property. A pro forma uses assumptions as to future revenues, expenses, interest rates, tax considerations, etc.

Short for pro forma operating statement. A annual operating budget for an income producing property.

The presentation of financial information including Balance Sheets, Income Statements, or Forecasted Cash Flows where the amounts are hypothetical. Based on assumptions of actions to be taken, they present future expected results.

A projection or estimate of what may result in the future from actions in the present. A pro forma financial statement is one that shows how the actual operations of the business will turn out if certain assumptions are realized.

Usually, financial statements that have hypotheticals or projections built into them. They are forward looking projections of income and operations.

A manner of presentation intended to improve comparability of financial results; it assumes business purchases/dispositions were completed at the beginning of the earliest period discussed (i.e., results are compared for all periods but only for businesses presently owned).

The investment pro forma analyzes the predicted return on investment and income potential of the project.

A revenue projection showing anticipated costs and revenue for the period of the projection, generally not more than five years.

Projection of income and expenses, usually prepared annually, based on historical performance.

A term applied to a document drawn up after giving effect to certain assumptions or contractual commitments not yet completed. For example, an issuer of new securities is required to include in the prospectus a statement of its capitalization on a pro forma basis after giving effect to the new financing.

When coupled with the title of another document (pro forma invoice, pro forma manifest), it means an informal document presented in advance of the arrival or preparation of the required document in order to satisfy a requirement.

A balance sheet, profit and loss or cash flow statement that estimates income and expense sources. Assets, liabilities and net worth are forecast on the balance sheet. Pro forma statements issued by the franchisor to the franchisee should be based on actual operating results of the franchisor's units or franchise establishments.

A projection or estimate of what may result in the future from actions in the present. Estimate of how the business will turn out if certain assumptions are achieved. ... read full article

A financial picture of the franchisor including a balance sheet, profit and loss or cash flow statement that estimates income and expense sources, assets, liabilities, and net worth. Pro forma statements issued by the franchisor to the franchisee should be based on actual operating results of the franchisor's units or franchise establishments.

(from Latin pro forma, "according to form"). financial statements showing what is expected to occur.

Complete projected financial picture of the franchisor including: balance sheet, profit and loss statement, assets, liabilities, net worth and/or cash flow statement.

Hypothetical or anticipatory (literally "a matter of form"). Frequently used to describe forecasted balance sheets and income statements.

A financial projection of income and expenses used as a basis for securing financing for a property. An important basis for a pro forma is the rentable area of the property under the measurement standard cited in the lease in addition to the projected rent rates and other factors.

In corporate financial statements, pro forma results represent what the companies would have achieved had changes in circumstances existed throughout an entire period covered by the report.

A "best guess" for various kinds of financial information. Types of pro formas: pro forma balance sheets, pro forma financial statements, pro forma development budgets.

statement of sources and uses of funds on a project.

A model document drawn up to meet legal requirements, for purposes of forecasting future business projections, or holding periods to disposition to calculate return rates, and discounted cash flows. Also used on major developments as feasibility studies.

Latin for "as a matter of form” is used on balance sheets and income statements to refer to data that is hypothetical. Often displayed on property listings to provide, based on multiple assumptions, an idea of possible future performance of an income property.

In accounting terminology, pro forma refers to an ''as if" financial statement. In other words, a financial statement modified to show the effects of a proposed transaction that has not yet been consummated. Pro Forma reflects how these statements might look.

Financial statements that are adjusted to reflect a projected or recently completed transaction. For example, pro forma results are used to show the earnings that newly merged companies might have achieved had the merger occurred at the beginning of the reporting period. The term may be applied to income statements, balance sheets, and statements of cash flow. Pro forma quarterly results can sometimes be confusing, as they may exclude information such as certain stock-based employee compensation costs.

Also known as an income and expense operating statement, a pro forma is a projected financial statement based on anticipated, not actual, income and expenses.

Literally, a specimen, e.g. Pro Forma Invoice, which is a specimen of the invoice as it would be the order placed. In other words, it is a quotation.

financial planning statement that projects future performance.

A statement showing the projected annual income and operating expenses of a project.

As a matter of form; in keeping with a form or practice. Something is done "pro forma" because it facilitates future dealings, even if it is not essential. For example, an invoice might be sent to a purchaser even before the goods are delivered as a matter of business practices.

Assignment or Transfer – An assignment or transfer in which the form of ownership or leasing changes but actual control of the license or lease remains with the same entity. Pro forma assignments and transfers may be approved under streamlined Forbearance procedures in the case of most telecommunications carriers (excluding licensees or lessees with installment payment or designated entity issues). These pro forma requests do not require prior FCC approval provided that the parties notify the FCC of the change within 30 days. (See Non– Pro Forma Assignment or Transfer). Note that private licenses or leases are not subject to forbearance. FCC approval is required for private pro forma transfers and assignments.

A pro forma is a projection or an estimate of future results caused by specific actions in the present. It is a financial statement that predicts the growth of a business if certain assumptions come about.

(Lt. “for the same of form”) a type of financial presentation based solely on estimates of future revenue, expenses, profits and cash flow – an overall financial and cash budget based on underlying assumptions concerning costs, financing, income levels, and time involved to complete a project.

A hypothetical balance sheet and income statement based on a set of assumptions. Pro forma statements are used in earnings reports.

financial forms (invoices, P&L statements, balance sheets, etc.) based on future expectations.

When a new issue is being planned for distribution, the corporation issuing the security must tell the suppliers of the new capital how they intend on spending the money received from the sale of the securities. The corporation publishes a pro forma balance sheet which integrates the new pool of money into their current operation. This shows the shareholders how the corporation would have spent the money if they had it on the day the pro forma balance sheet was created.

As a matter of form; in keeping with a form or practice. Something done pro forma may not be essential but it facilitates future dealings. For example, an invoice might be sent to a purchaser even before the goods are delivered as a matter of business practices.

Forecasting future income, expenses, or cash flow with projections.

The term pro forma (occasionally written proforma) comes from a Latin phrase meaning, "as a matter of form". Its meaning depends on the context in which it is used.