MKH Annual Report 2018
168 MKH Berhad Annual Report 2018 26. PROVISIONS (Cont’d) (a) Post-employment benefit obligations (Cont’d) At 30 September 2018, the weighted-average duration of the defined benefit obligation was 18.28 to 22.18 years (2017: 17.95 to 21.90 years). The benefits, which reflect the expected future services, as appropriate are expected to be paid as follows: The Group 2018 2017 RM RM Within 1 year 469,189 577,278 Between 2 and 5 years 3,984,844 4,440,283 After 5 years 11,852,637 15,087,817 16,306,670 20,105,378 (b) Retirement gratuity Provision for retirement gratuity are for certain eligible directors. The accounting policy in respect of the retirement gratuity scheme is disclosed in Note 3(f)(iii). 27. PAYABLES AND ACCRUALS The Group The Company 2018 2017 2018 2017 Note RM RM RM RM Non-current Landowners’ entitlement (a) 273,233,000 326,856,547 - - Retention sum payable to subcontractors after one year 16,073,920 19,655,167 - - 289,306,920 346,511,714 - - Current Trade Trade payables (b) 279,167,694 225,103,708 - - Landowners’ entitlement (a) 144,978,155 108,362,901 - - Retention sum payable to subcontractors within one year 44,171,905 52,638,403 - - FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2018 NOTES TO THE FINANCIAL STATEMENTS
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