Proforma Adjustment definition

Proforma Adjustment means restatement applied to the computation of the Sales and EBITDA aggregates to account for the full year impact of acquisitions and disposals of businesses occurring during the 2 full Financial Years preceding the Calculation Date as if the entity was acquired or disposed as of 1st January of the 1st full Financial Year : • For the acquisition and disposal of shares, the Proforma Adjustment will be based on the statutory account of the company acquired or disposed of (or consolidated account for the acquisition or disposal of a group of companies); and • For the acquisition and disposal of business goodwills structured as asset deals, the Proforma Adjustment will be prepared by the Group’s management taking into account revenue seasonality and the cost structure acquired. Classification of revenues and cost will be aligned on the Accounting Principles and accounting classifications of the Group. For each full Financial Year considered, the Proforma Adjustment will correspond to the difference between the full year impact of the acquisition or disposal and the contribution of the Group Companies acquired or disposed of to the Annual Accounts. Proforma Adjustments shall be made for any impact to the Sales and EBITDA Aggregates greater than the lesser of €100.000 (one hundred thousand Euros) or 1.0% (one percent) of the Aggregate prior to the Proforma Adjustment.
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Examples of Proforma Adjustment in a sentence

  • St. ▇▇▇ & Associates 2021 Test Year Proforma $ 12,221 2021 Test Year Actual 12,221 Proforma Adjustment $ - To adjust test year contracted services for management services Contracted Services - ▇▇▇▇▇▇▇ ▇.

  • Total Proforma Adjustment to Operating Revenues $8,175 Contracted Services - ▇▇▇▇▇▇▇▇▇▇ Management Corp 2021 Test Year Proforma $ - 2021 Test Year Actual - Proforma Adjustment $ - To adjust test year contracted services for owner oversight Contracted Services - ▇▇▇▇▇▇▇ ▇.

  • Should a new entity be created or acquired after the Closing Date and such entity be an equity accounted entity and its EBITDA (including Proforma Adjustment) be in excess of the lower or €100.000 (one hundred thousand Euros) or 1.0% (one percent) of the EBITDA Aggregate prior to the new entity creation or acquisition, then such entity’s contribution to the Aggregates would be accounted for on a proportional basis.

  • Should a new entity be created or acquired after the Closing Date and such entity be an equity accounted entity and its EBITDA (including Proforma Adjustment) be in excess of the lower of €100.000 (one hundred thousand Euros) and 1.0% (one percent) of the EBITDA Aggregate prior to the new entity creation or acquisition, then such entity’s contribution to the Aggregates would be accounted for on a proportional basis.