32. RETIREMENT BENEFIT OBLIGATIONS (CONTD.) Analysis of funded and unfunded PVDBO Group 2024 RM’000 2023 RM’000 Analysed as: Current 229 268 Non-current: Later than 1 year but not later than 2 years 330 229 Later than 2 years 388 664 718 893 PVDBO from plans that are wholly unfunded 947 1,161 The details of net employee benefits expense recognised in income statement are as follows: Group 2024 RM’000 2023 RM’000 Current service costs 12 22 Gain on settlement (172) (715) Interest cost 42 93 Net employee benefits expense (Note 8) (118) (600) Total amount recognised in statement of comprehensive income Group 2024 RM’000 2023 RM’000 Cumulative amount of actuarial loss recognised in statement of comprehensive income: At 31 December 142 142 Historical experience adjustments: PVDBO 947 1,161 Experience adjustment (% of PVDBO) 0% 0% Principal actuarial assumptions used: Group 2024 % 2023 % Discount rate 4.50 4.50 Expected rate of salary increases 4.00 4.00 Assumptions regarding future mortality are based on published statistics and mortality tables. Notes to the Financial Statements For the year ended 31 December 2024 UEM EDGENTA BERHAD 342 Integrated Annual Report 2024
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