Examples of Pro Forma Entity in a sentence
You may take as many predictor exams as it takes to get a score > 80% but you have to buy each examination so it pays to study before repeating the examination.
The unrealised profits or losses arising from the intra-group transactions amongst the Pro Forma Entity and its investees are eliminated in proportion to the Pro Forma Entity’s equity interest in the investees, and then based on which the investment gains or losses are recognised.
The Pro Forma Entity calculates the initial investment cost of available-for-sale financial instruments using weighted average method.
Therefore, the Pro Forma Entity has substantial control over it and includes it in the consolidation scope as a subsidiary.
The remaining shares in SMEI are widely held by many other shareholders, none of whose shares exceeds 5% (since the date of the acquisition of the equity interest in SMEI by the Pro Forma Entity).