Plate/GCGC - Weekly Newsletter - 11/8/22 -  Pro forma financial statements explained & how it relates to funding at PLATE/GCGC.

Plate/GCGC - Weekly Newsletter - 11/8/22 - Pro forma financial statements explained & how it relates to funding at PLATE/GCGC.

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According to WIKI: In business, pro forma financial statements are prepared in advance of a planned transaction, such as a merger, an acquisition, a new capital investment, or a change in capital structure such as incurrence of new debt or issuance of stock. The pro forma models the anticipated results of the transaction, with particular emphasis on the projected cash flows, net revenues and taxes. Consequently, pro forma statements summarize the projected future status of a company, based on the current financial statements. Pro forma figures should be clearly labeled as such and the reason for any deviation from reported past figures clearly explained. For example, when a transaction with a material effect on a company's financial condition is contemplated, the finance department will prepare, for management and board review, a business plan containing pro forma financial statements demonstrating the expected effect of the proposed transaction on the company's financial viability. Lenders and investors will require such statements to structure or confirm compliance with debt covenants such as debt service reserve coverage and debt to equity ratios. Similarly, when a new corporation is envisioned, its founders will prepare pro forma financial statements for the information of prospective investors. Also, banks will request pro forma statements in lieu of tax returns for a start up business in order to verify cash flow before issuing a loan or line of credit. See: (i) generally, Financial forecast and Cash flow forecasting; (ii) for the components / steps of business modeling here, Outline of finance § Financial modeling; (iii) for further discussion and considerations, Valuation using discounted cash flows § Determine cash flow for each forecast period.

https://en.wikipedia.org/wiki/Pro_forma

AT PLATE/GCGC - FORCAST SHOUILD BE 5-10 YEARS in regards to greenfield & brownfield projects, acquisitions, mergers, refinance, recapitalization, deals looking for funding.

100% PROJECT FUNDING Loan Tear Sheet Link below:


siva@platecompany.org

Us Cell Whats App 1.224.216.0334

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