2018 UEM Edgenta Annual Report
27. DEFINED BENEFIT PENSION PLAN (CONT’D.) Actual return on plan assets: Group 2018 2017 RM’000 RM’000 Actual return of plan assets (4) (1,336) Less: Expected return on plan assets – 977 Actuarial gain recognised in the other comprehensive income (4) (359) A quantitative sensitivity analysis for significant assumptions as at 31 December 2018 and 2017 are as shown below: Increase in one percentage Decrease in one percentage Sensitivity Level 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 Assumptions Discount rate (16) (293) 18 293 Salary increase 4 287 (3) (287) 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 12 years (2017: 12 years). 28. PROVISIONS Group 2018 2017 RM’000 RM’000 Non-current: Provision for employee service entitlements (Note a) 1,872 1,395 Current: Provision for long term incentive plan (Note b) 1,620 1,784 Total 3,492 3,179 Company 2018 2017 RM’000 RM’000 Current: Provision for long term incentive plan (Note b) – 200 Financial Review Stakeholder Information AGM Information 219 Governance Review of Sustainability Activities
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