The tree of life meaning symbolizes many nurturing aspects of life. In its branches, it symbolizes reaching out to accept the nourishment of the sun. In its leaves, it captures that nourishment and cherishes it through transformation into life giving food. In its roots, it digs deep into the soul of the Earth.
Pro forma Earnings. Definition: Often used in two ways. First, pro forma earnings refers to projections of earnings. This is often used internally or on a road show for an IPO. Second, it refers to a way of reporting earnings that excludes non-recurring items such as restructuring charges, extraordinary items.
The company presented its pro forma earnings as if it had not paid $4 million in payroll taxes and, had not lost $7 million investing in poor stocks. A company's pro forma balance or earnings are their expected balance or earnings. Companies seeking debt financing usually draw up a set of pro forma income statements and balance sheets. The company presented its pro forma earnings as if it had not lost $7 million investing in poor stocks.