ultrablue

employor contribution-economic expense 是CFF不是CFO,所以调整CFO的时候要减去。

比如一个公司PBO状况如下：

 

Contributions	$3.0 million
Reported pension expense	$2.8 million
Economic pension expense	$3.1 million

对于经营现金流和财务现金流的理解如下：

Since the economic pension expense ($3.1 million) exceeds the contributions ($3.0 million), the $100,000 difference can be viewed as a source of borrowing. Alternatively, if the firm’s contributions exceed the economic pension expense, the difference can be viewed as a reduction in the overall pension obligation, similar to an excess principal payment on a loan.

ultrablue

如果题目换一种问法，比如问你对现金流量表的影响，应该可以答出这种情况需要reclassifyCFO to CFF ,reclassify的数额为employor contribution-economic expense