--000000000000b676a505e3b8aaf3 Content-Type: multipart/related; boundary="000000000000b676a405e3b8aaf2" --000000000000b676a405e3b8aaf2 Content-Type: multipart/alternative; boundary="000000000000b676a205e3b8aaf1" --000000000000b676a205e3b8aaf1 Content-Type: text/plain; charset="UTF-8" Hi Alexander The jump in the HCA Canada office compensation is related to the corporate employee payroll expenses that are paid by the individual Canadian entities. We have a few employees in Canada that are considered corporate employees (such as myself, Tim Thomas (head of Canadian operation), Sandra Daoust (Finance Manager Canada), Shameema Cadersaibe (HR manager Canada), etc). Because of where we're located (each province has it's own tax rate/rules), our payroll is processed by different Canadian locations. For example, Tim and Sandra's payroll are processed by HCA Montreal, mine is processed by HCA Calgary, and Shameema is processed by HCA Toronto. It was my understanding that our payroll expenses are to be passed onto the Canadian parent company. From Jan to March, the local entity (that processed the actual payroll) has been recording it as an intercompany on their balance sheet instead of payroll expense on their P&L, but the other side was not recorded (Dr. Payroll expense, Cr. Intercompany in HCA Canada). So on a consolidated basis, we've basically under-stated the payroll expense from Jan to March, and the April amount is high because it's an April YTD catch up. I'm attaching the backup to the JE I recorded in HCA Canada in April. I discussed this with Amanda before recording the entry (email correspondence is also in the excel file attached). Let me know if you have any other questions. Thanks. Hua On Wed, Jul 13, 2022 at 5:35 PM Keith Pattison wrote: > Alexander, Oakville & Waterloo were a new entity in April 2022 (I believe > 4.1.22 acquisition date). > > As Hua handles this portion of the Canadian entities, Hua can you explain > the $198k that shows in April for HCA Canada Consolidated? > > On Wed, Jul 13, 2022 at 4:00 PM Alexander Bench > wrote: > >> Hi Keith, >> >> I'm looking at the April financials for Canada and there is a large jump >> in "Office Compensation and Related" from March to April. The largest >> piece of the jump is from HCA Canada_Consolidated (see below). Could you >> please provide some detail about what makes up that $198k? >> >> Thanks >> >> [image: image.png] >> >> -- >> Alex Bench >> (949) 981-7792 >> > --000000000000b676a205e3b8aaf1 Content-Type: text/html; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Hi Alexander The jump in the HCA Canada= office compensation is related to the corporate employee payroll expenses = that are paid by the individual Canadian entities.=C2=A0 We have a few empl= oyees in Canada that are considered corporate employees (such as myself, Ti= m Thomas (head of Canadian operation), Sandra Daoust (Finance Manager Canad= a), Shameema Cadersaibe (HR manager Canada), etc). Because of where w