Frontken Corporation Berhad 200401012517 (651020-T) • A N N U A L R E P O R T 2 0 2 1 135 NOTES TO THE FINANCIAL STATEMENTS (CONT’D) 25. TRADE PAYABLES, OTHER PAYABLES AND ACCRUED EXPENSES (CONT’D) (a) Defined benefit plan – Taiwan (Cont’d) Movement in the present value of defined benefit obligations:- The Group 2021 2020 RM RM At 1 January 9,285,133 8,495,550 Current service costs and interest 58,943 99,459 Actuarial losses in other comprehensive income 130,309 282,058 Defined plan payable (324,672) - Exchange difference 480,504 408,066 At 31 December 9,630,217 9,285,133 Movement in the fair value of plan assets:- The Group 2021 2020 RM RM At 1 January 7,127,926 6,367,119 Expected return on plan assets 36,624 67,341 Actuarial gains in other comprehensive income 92,814 197,811 Contribution paid into the plan 194,398 189,033 Defined plan payable (324,672) - Exchange difference 370,470 306,622 At 31 December 7,497,560 7,127,926 Expenses recognised in profit or loss:- The Group 2021 2020 RM RM Current service costs and interests 58,943 99,459 Expected return on plan assets (36,624) (67,341) Net benefit expense 22,319 32,118
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