MKH Annual Report 2020

191 MKH BERHAD 29. PROVISIONS (CONT’D) The above provisions are classified as follows: Post- employment benefit obligations RM Retirement gratuity RM Total RM The Group 2020 Non-current 16,654,765 - 16,654,765 Current - 20,587,069 20,587,069 16,654,765 20,587,069 37,241,834 2019 Non-current 14,561,360 - 14,561,360 Current - 20,183,386 20,183,386 14,561,360 20,183,386 34,744,746 (a) Post-employment benefit obligations Two subsidiaries of the Company in Indonesia operate unfunded defined benefit schemes, as required under the Labour Law of the Republic of Indonesia. The defined benefit schemes expose the Group to actuarial risks, such as longevity risk and interest rate risk. The amount recognised in the consolidated statement of financial position is determined as follows: The Group 2020 RM 2019 RM Present value of obligations 16,654,765 14,561,360 Notes to the Financial Statements FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2020