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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › December 2018-qn1
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.
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.
