Proformas and annual reports include:

• Balance Sheet
• Cash Flow Statement
• Income Statement

Proformas are projections of results for the upcoming year. Annual reports are the results from the previous year. The proformas allow you to assess the projected financial outcomes of your company decisions entered in the Capstone Web Application.

To access proformas, click the Proformas menu in the Capstone Web Application. To access the annual reports, click the Reports menu in the Capstone Web Application or, on the website, log into your simulation and then click the Reports link.

The proforma reports are only as accurate as the marketing sales forecasts. If you enter a forecast that is unrealistically high, the proformas will take that forecast and project unrealistic revenue (see “10 Forecasting” for more information).