Projected Balance Sheet Sample Clauses

Projected Balance Sheet. Frontline shall have received a projected balance sheet, income statement and projected working capital requirements for Roxy Systems covering the periods from October 1, 1998 through December 31, 1999 and January 1, 1998 through December 31, 1999. Such projections shall be set forth in reasonable detail and shall include a detailed list of all assumptions used in determining income, expense and cash flow.
Sample 1
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Projected Balance Sheet. On or prior to the Closing Date, Company shall deliver to Administrative Agent (with sufficient copies for each Lender) a projected consolidated balance sheet of Company and its Subsidiaries as at the date of the consummation of the Merger, prepared in accordance with GAAP and reflecting the consummation of the Acquisition and the Merger, the related financings and the other transactions contemplated by the Loan Documents and the Merger Agreement, which projected balance sheet shall be in form and substance satisfactory to Administrative Agent.
Sample 1
Projected Balance Sheet. You shall have received and satisfactorily completed your review of, prior to the time that this Agreement is fully-executed by the parties here, the projected consolidated balance sheet of the Company and its Subsidiaries prepared on a pro forma basis as of April 30, 2015 after giving effect to the Closing and the purchase of the Notes hereunder.
Sample 1
Projected Balance Sheet. Pro Forma Balance Sheet (expressed in US Dollars) For the years ended August 31,
Sample 1
Projected Balance Sheet. Pro Forma Balance Sheet (expressed in US Dollars) For the years ended December 31, Current assets Cash 0 205,146 3,556,510 9,671,470 18,949,843 Accounts receivable 19,824,670 26,863,528 35,979,615 48,392,142 62,004,669 Prepaid expenses 403,102 546,225 731,585 983,974 1,260,762 Long term assets PPE, net - - - - - Land, net - - - - - Total Assets 20,227,772 27,614,899 40,267,710 59,047,585 82,215,274 LIABILITIES Current liabilities Account payable 17,181,381 23,281,725 31,182,333 41,939,856 53,737,380 Revolving line of credit 1,846,648 370,561 251,831 107,078 - Long term liabilities Long term loan - - - - - Total liabilities 19,028,029 23,652,286 31,434,163 42,046,934 53,737,380 Owner's equity - - - - - Retained earnings 1,199,743 3,962,614 8,833,547 17,000,651 28,477,894 Total shareholder's equity 1,199,743 3,962,614 8,833,547 17,000,651 28,477,894 Total liabilities and shareholder's equity 20,227,772 27,614,899 40,267,710 59,047,585 82,215,274 2020 2021 Assets 2022 Shareholder's Equity 2023 2024 Liabilities Current 1.18 1.19 1.29 1.41 1.53 Quick 1.18 1.19 1.29 1.41 1.53 Acid Test 1.15 1.16 1.27 1.38 1.51 Account receivable turnover 3.03 2.83 2.80 2.84 2.75 Inventory turnover 0.00 0.00 0.00 0.00 0.00 Total asset turnover 2.41 2.39 2.18 2.03 1.85 Gross margin 11% 11% 11% 11% 11% Operating margin 3% 4% 6% 7% 8% Net profit margin 2% 4% 6% 7% 8% Return on assets 6% 10% 12% 14% 14% Return on equity 100% 70% 55% 48% 40% Debt to equity 14.32 5.88 3.53 2.47 1.89 Debt to assets 0.85 0.84 0.77 0.71 0.65 Interest coverage 6.41 17.72 33.12 55.44 77.51 12% 10% 8% 6% 4% 2% 0% 2020 2021 Gross margin 2022 Operating margin 2023 Net profit margin 2024
Sample 1
Projected Balance Sheet. The following table presents the Balance Sheet for Motivating the Masses. It shows our projected steady increase in Net Worth over the next three years. As a consulting company, we do not need a great deal in the way of assets, so the largest factor in the Balance Sheet is our cash balance.
Sample 1
Projected Balance Sheet. The projected balance sheet shows the changes in assets, liabilities, and capital for the Company. Since borrowing was not selected as an option, there are no liabilities during this three-year plan. Long-term assets of $975,000 are depreciated starting in year two. Net worth increase from $1,170,684 in year one to $1,272,514 in year to and finally reach $1,377,612 in the final year of the plan. Pro Forma Balance Sheet Year 1 Year 2 Year 3 Cash $130,684 $256,474 $386,893 Other Current Assets $65,000 $65,000 $65,000 Total Current Assets $195,684 $321,474 $451,893 Long-term Assets $975,000 $975,000 $975,000 Accumulated Depreciation $0 $24,960 $49,281 Total Long-term Assets $975,000 $950,040 $925,719 Total Assets $1,170,684 $1,271,514 $1,377,612 Liabilities and Capital Year 1 Year 2 Year 3 Current Borrowing $0 $0 $0 Other Current Liabilities $0 $0 $0 Subtotal Current Liabilities $0 $0 $0 Long-term Liabilities $0 $0 $0 Total Liabilities $0 $0 $0 Paid-in Capital $1,900,000 $1,900,000 $1,900,000 Retained Earnings ($820,315) ($729,316) ($628,486) Earnings $90,999 $100,830 $106,098 Total Capital $1,170,684 $1,271,514 $1,377,612 Total Liabilities and Capital $1,170,684 $1,271,514 $1,377,612 Net Worth $1,170,684 $1,271,514 $1,377,612
Sample 1
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Related to Projected Balance Sheet

  • Pro Forma Balance Sheet The Administrative Agent shall have received the Pro Forma Balance Sheet in form and substance satisfactory to the Administrative Agent and the Required Lenders;

  • Closing Balance Sheet (i) As soon as practicable (and in no event later than 45 days after the Closing) the Company shall prepare and deliver to the Parent and the Shareholders' Representative a proposed actual closing consolidated balance sheet of the Company and its subsidiaries as of the opening of business on the Closing Date (the "Closing Balance Sheet"). The Closing Balance Sheet will be prepared in accordance with GAAP on a basis consistent with the Audited Balance Sheets. Simultaneously with the preparation and delivery of the Closing Balance Sheet, the Company shall prepare and deliver to the Parent and the Shareholders' Representative a statement of "Closing Net Worth," defined herein as total assets, including cash, less total liabilities, excluding the outstanding balance of the Crestar Loan, each as set forth in the Closing Balance Sheet. (ii) If neither the Parent nor the Shareholders' Representative objects to the determination by the Company of the Closing Net Worth by written notice of objection (the "Notice of Objection") delivered to the other party within 20 days after the receipt of such statement, such Notice of Objection to describe in reasonable detail such party's proposed adjustments to the Closing Net Worth, the proposed Closing Net Worth shall be deemed final and binding. (iii) If either party delivers a Notice of Objection in respect of the Closing Net Worth, then any dispute shall be resolved in accordance with paragraph (b) of this Section 2.9. (iv) During the period that the Parent and the Shareholders' Representative are conducting their review of the determination of the Closing Net Worth, and subsequent to issuance of the Closing Balance Sheet, Parent and the Shareholders' Representative and their respective representatives shall have reasonable access during normal business hours to the workpapers, schedules, memoranda, and all of the documents, including accounting records and other information arising after the Closing Date, prepared or reviewed by the Company and its employees related to or arising in connection with the preparation of the Closing Balance Sheet and the determination of the Closing Net Worth. (v) The Company will make the work papers prepared in connection with its preparation of the Closing Balance Sheet available to each of the Parent and the Shareholders' Representative and their respective representatives at reasonable times and upon reasonable notice subsequent to the completion of their review of the Closing Balance Sheet and at any time during the resolution of any objections raised by any party with respect to the Closing Balance Sheet and the determination of the Closing Net Worth.

  • Pro Forma Balance Sheet; Financial Statements The Lenders shall have received (i) the Pro Forma Balance Sheet, (ii) audited consolidated financial statements of the Borrower and its Subsidiaries for the most recently ended fiscal year and (iii) unaudited interim consolidated financial statements of the Borrower and its Subsidiaries for each fiscal quarter ended after the date of the latest applicable financial statements delivered pursuant to clause (i) of this paragraph as to which such financial statements are available.

  • Closing Date Balance Sheet a. Not later than sixty (60) days after the Closing, Seller shall prepare a balance sheet of the Company as of the close of business on the Closing Date (the "Closing Date Balance Sheet"), in accordance with United States generally accepted accounting principles ("GAAP") applied in a manner consistent with the accounting principles and practices applied in the preparation of the Financial Statements (as defined herein). Seller agrees to use reasonable efforts to cause the Closing Date Balance Sheet to be prepared and delivered to Purchaser within sixty (60) days after the Closing, unless such inability to deliver the Closing Date Balance Sheet is as a result of Purchaser's failure to give Seller reasonable access to the necessary books, records and/or personnel, in which event the requirement to deliver the Closing Date Balance Sheet shall be tolled until Seller is given reasonable access to the necessary documentation or personnel. The date of delivery of the Closing Date Balance Sheet to Purchaser is referred to herein as the "Delivery Date". b. Without charge by Purchaser, Purchaser shall cause its and the Company's employees to cooperate reasonably and on a timely basis and to assist Seller with the preparation of the Closing Date Balance Sheet, and shall make reasonably available to Seller and its authorized representatives the books, records, and personnel of the Company which Seller reasonably requires in order to prepare and deliver the Closing Date Balance Sheet. Purchaser and Seller shall, throughout the entire period from the date of this Agreement to the Delivery Date, meet and discuss any and all financial and business matters relating to such process and the preparation of the Closing Date Balance Sheet, and Seller shall make available its work papers for confidential inspection and review by Purchaser and Purchaser's accountants; provided, however, that Seller may omit or redact information that contains competitively sensitive information concerning Seller's or any of Seller's Affiliate's unrelated operations, contracts, customers, pricing, costs, or related matters.

  • Balance Sheet ASSETS CURRENT ASSETS Cash $ Accounts Receivable Merchandise Inventory Notes Receivable (Less than 1 year) TOTAL CURRENT ASSETS $ NONCURRENT ASSETS Equipment/Property $ Less Depreciation Reserve Net Equipment/Property Cost Prepaid Expenses Other: Other: TOTAL NONCURRENT ASSETS $ TOTAL ASSETS $ LIABILITIES CURRENT LIABILITIES Accounts Payable $ S & W Payable Short-Term Notes Payable Interest Payable Short-Term Loan Payable Other: Other: TOTAL CURRENT LIABILITIES $ OTHER LIABILITIES Other: $ Other: TOTAL OTHER LIABILITIES $ TOTAL LIABILITIES $ CAPTIAL OWNER'S EQUITY Capital $ Less Personal Drawing $ Net Addition $ Stockholder's Equity $ Other: $ TOTAL CAPITAL $ TOTAL LIABILITIES AND CAPITAL $ DPR 86 3 CONCESSIONAIRE NAME CONCESSION NAME PARK UNIT NAME REPORTING PERIOD From: To:

  • Off-Balance Sheet Transactions There is no transaction, arrangement or other relationship between the Company or any of its Subsidiaries and an unconsolidated or other off-balance sheet entity which is required to be disclosed in the Registration Statement, the Pricing Disclosure Package and the Prospectus (other than as disclosed therein).

  • Financial Statements; Fiscal Year The Current Financials were prepared in accordance with GAAP and present fairly, in all material respects, the consolidated financial condition, results of operations, and cash flows of the Companies as of, and for the portion of the fiscal year ending on the date or dates thereof (subject only to normal audit adjustments). All material liabilities of the Companies as of the date or dates of the Current Financials are reflected therein or in the notes thereto. Except for transactions directly related to, or specifically contemplated by, the Loan Documents or disclosed in the Current Financials, no subsequent material adverse changes have occurred in the consolidated financial condition of the Companies from that shown in the Current Financials. The fiscal year of each Company ends on December 31.

  • Off-Balance Sheet Arrangements There is no transaction, arrangement, or other relationship between the Company or any of its Subsidiaries and an unconsolidated or other off balance sheet entity that is required to be disclosed by the Company in its 1934 Act filings and is not so disclosed or that otherwise could be reasonably likely to have a Material Adverse Effect.

  • Monthly Financial Statements As soon as available, but no later than thirty (30) days after the last day of each month, a company prepared consolidated balance sheet and income statement covering Borrower’s consolidated operations for such month certified by a Responsible Officer and in a form acceptable to Bank (the “Monthly Financial Statements”);

  • Pro Forma Financial Statements Agent shall have received a copy of the Pro Forma Financial Statements which shall be satisfactory in all respects to Lenders;

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