Proforma

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A proforma is a document that lists the profit and loss figures for the company. It also includes budgets for total expenses, gross profit, net profit and earnings before interest and taxes, for example for a multi-year Maintenance planning.

A budget is a financial plan that predicts what will happen to income and expenditure in a given period. The main difference between the two is that the budget does not include profit figures, while the proforma does.

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