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UEM EDGENTA BERHAD

2016 ANNUAL REPORT

ABOUT

UEM EDGENTA

STRIVING

FOR GROWTH

PERFORMANCE

REVIEW

CORPORATE

FRAMEWORK

LEADERSHIP

SUSTAINABILITY

STATEMENT

TRANSPARENCY

FINANCIAL

REVIEW

ACCOUNTABILITY

26. DEFINED BENEFIT PENSION PLAN (CONT’D.)

A quantitative sensitivity analysis for significant assumptions as at 31 December 2016 and 2015 are as shown below:

Sensitivity Level

Increase in one percentage Decrease in one percentage

2016

RM’000

2015

RM’000

2016

RM’000

2015

RM’000

Assumptions

Discount rate

(1,381)

(359)

1,381

349

Retail price index

273

324

(273)

(338)

Salary increase

867

125

(867)

(125)

The sensitivity analysis above has been determined based on a method that extrapolates the impact on net defined

benefit obligation as a result of reasonable changes in key assumptions occurring at the end of the reporting period.

The average duration of the defined benefit obligation at the end of the reporting period is 18 years (2015: 10 years).

27. PROVISIONS

Group

2016

RM’000

2015

RM’000

Due within one year:

Provision for professional indemnity claims (Note a)

3,654

4,048

Provision for employee service entitlements (Note b)

10,071

11,058

Provision for late delivery charges (Note c)

2,525

Provision for long term incentive plan (Note d)

1,335

1,302

17,585

16,408

Due after one year:

Provision for employee service entitlements (Note b)

17,272

18,197

Provision for late delivery charges (Note c)

1,632

17,272

19,829

Total

34,857

36,237