1.3 Proformas & Annual Reports

Proformas and annual reports both include a balance sheet, cash flow statement and income statement. What is the difference between proformas and annual reports? Proformas are projections of the upcoming year. Annual reports are the results from the previous year. The proformas and annual reports will help you identify efficiencies and weaknesses within your company.

To access proformas, click the proformas menu in the Capstone Spreadsheet. To access the annual reports:

• Click the Reports menu in the Capstone Spreadsheet;
• On the website, login to your simulation and then click the Reports link.