Yes - the 4E! So because I referred to it in its full name (Preliminary Final Report) I have 'missed the boat'???
"Their use of the word pro forma indicates that the accounts of jct are technically still unfinalized"
That is just plain wrong - and your invention!
'Pro forma' has a very particular meaning in accounting - both in AASB and GAAP - as follows:
"Pro forma financial information (pro forma financial statements or pro formas) presents historical balance sheet and income statement information adjusted as if a transaction had occurred at an earlier time. This information is intended to help investors understand the impact of a significant transaction, such as a business combination or disposition, by showing how it might have affected the historical financial statements"
That is EXACTLY the reason for the pro-forma info in the 4E - and that is why the Jan 1 2016 date was used (it is no mistake).
XPE Lounge, page-3267
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