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December 2018-qn1

This topic has 1 reply, 2 voices, and was last updated 5 years ago by Stephen Widberg.

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September 8, 2020 at 12:38 pm #584076
gayathree1234
Member
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Hi sir,
In the cash flow conso statement why pension fund of $24 is added to NPT. & contribution into the pension fund will come after cash generated operation.Then why it is added to NPT?
Qn requires to calculate until cash generated from Operation.
Thank you.
September 8, 2020 at 5:47 pm #584173
Stephen Widberg
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- Topics: 16
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Your question is a bit unclear.
The service cost will be added back to profit because it is a non-cash item. The contribution paid will be deducted because it is a cash item. Pensions are always done that way.
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