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pro forma
(redirected from pro forma financial statement)

   Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia 0.01 sec.
pro forma, (prō fôr´m),
adj pertaining to financial statement that shows the way that the actual statement will look if certain specified assumptions are realized. Pro forma statements are usually a future projection.


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Had Lyondell owned 100 percent of the refinery for the first six months of 2006, and had the new crude oil contract been in place, the company's unaudited pro forma financial statements indicate that pro forma net income would have increased from $450 million to $640 million, or $1.
No adjustment of past years or pro forma financial statements is required.
This includes the retention of independent auditors, completion of the required audits of its consolidated financial statements and preparing pro forma financial statements for its recent acquisition.
 
 
 
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