Benefits Paid vs Employers Contrib benefits, correct

torontoanalyst

Hi Guys,

are both Benefits Paid & Employers Contrib, both considered a part of Income statment expenses, and I am assuming both are part of Cash outflow in CF statments.

Am I correct in assuming the above?

Also for a defined contrib plan -> EmpContrib = Pension Expense = Cash outflow = I/S Expense ?? & same for healthcare and other benefits ?

chaojimali

Most pension expense usually go under operating cash flow. unless the company goes by IFRS and decide to report interest expense under CFF.