Examples of Pro Forma Period in a sentence
If any Indebtedness bears a floating rate of interest and the incurrence or assumption thereof is being given pro forma effect, the interest expense on such Indebtedness shall be calculated as if the rate in effect on the last day of the relevant Pro Forma Period had been the applicable rate for the entire relevant Test Period (taking into account any interest rate protection agreement applicable to such Indebtedness if such interest rate protection agreement has a remaining term in excess of 12 months).
Selling and Distribution Expenses The Group’s selling and distribution expenses increased by 23.2% from RMB16.4 million for the Pro Forma Period to RMB20.2 million for the year ended 31 August 2021.
Such expenses accounted for approximately 4.7% of the Group’s total revenue for the Reporting Period, a decrease of 1.4% as compared to the proportion of the administrative expenses over total revenue during the Pro Forma Period.
Finance Costs Finance costs of the Group increased by 23.7% from RMB52.8 million for the Pro Forma Period to RMB65.3 million for the six months ended 28 February 2021.
Finance Costs The Group’s finance costs increased by 25.4% from RMB113.3 million for the Pro Forma Period to RMB142.1 million for the year ended 31 August 2021, which was mainly due to (1) the addition of US$100 million convertible bond financing; (2) an increase of 24.6% in total interest-bearing debt, resulting in an increase of 10.0% in finance costs.