1. An Excel Spreadsheet to Streamline the Preparation of Pro-Forma Financial Statements

2.  Generates Pro-Forma Financial Statements from data entered into a setup page  Income, Cash Flow, Balance Sheet  Generates graphs of key variables  Generates Common Size (%) and compares to norms for your industry Pro-Forma Generator +2 Sales, Prof/Loss Cash Flow

3.  Model only allows for one sales value  For multiple products or services this is the sum of total sales over all products  Model only allows for two categories of COGS  Build composite (see Introduction tab)  Five-year projections are generated, month-by- month Pro-Forma Generator +3

4.  Be sure to read the contents of the Introduction tab before going on to Setup  In Setup, turquoise cells are to be filled in by the user. Numbers in other cells are generated by the spreadsheet  Some Setup values may be difficult to estimate. Instructions and suggestions accompany these.  A breakeven sales value is calculated Pro-Forma Generator +4

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7.  Descriptions may be changed  Tailor to your specific expense items  Expenses are propagated throughout unless changes are made manually  Revised values are propagated from there on  Model allows for inflation of expenses  Step changes may be entered manually, e.g., adding a new employee would increase salaries Pro-Forma Generator +7

8. 8 Inflation Factor Table of Inflated Values

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10. 10 Model allows for one short term and one long-term loan Model comes with sample data. Filling in the setup sheet overlays all values but those manually entered. To reset these for the new case, simply press the reset button.

11. Functions of the spreadsheet are organized by eight tabs along the bottom:  Tab 1, Introduction, explains the limits and assumptions of the model  Tab 2, Setup, is where you enter the data used in generating the Financial Statements  Tab 3, Income, generates the Income Statements  Tab 4, Graphs are generated automatically More … Pro-Forma Generator +11

12. Pro-Forma Generator +12 Note the Propagation

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15. Pro-Forma Generator +15 Note smoothing of month to month sales For all graphs, scales may need to be adjusted to fit your data

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17. Pro-Forma Generator +17 Note “hills” in years 1 and 3 – cash infusion Cash amount can get high enough that it should be better applied to debt, equipment, dividends, etc.

18.  Tab 5, Intermediate, is a series of calculations to be used in later statements  Tab 6, Cash Flow, generates the Cash Flow Statement  Tab 7, Balance Sheet, generates the Balance Sheet  Tab 8, Compares Common Size % to norms for your industry Pro-Forma Generator +18 Watch for cash going negative

19. Pro-Forma Generator +19 Manually entered, as needed

20. Pro-Forma Generator +20 It Balances!

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22. Pro-Forma Generator +22 End of Year 1

23. Pro-Forma Generator +23 Return to jbv.com