The following forecasts and estimations should be made in order to prepare the proforma financial reports:

• Sales, direct materials, direct labor and manufacturing overhead budgets,

• The forecasted sales, management expenses budget,

• Existing funding structure,

• The ownership structure,

• The volume and amount of direct materials,

• The volume and amount of finished products,

• The existing amount of fixed assets,

• The receivables and payables,

• The sales and proceeds,

• Non operating and extraordinary expenses,

• Operating expenses,

• Net profit.