MKH Annual Report 2022

184 Annual Report 2022 PROVISIONS (CONT’D) The above provisions are classified as follows: 30. Notes to the Financial Statements For the Financial Year Ended 30 September 2022 Postemployment benefit obligations RM gratuity Retirement RM Total RM The Group 2022 Non-current 15,705,768 - 15,705,768 Current - 20,587,069 20,587,069 15,705,768 20,587,069 36,292,837 2021 Non-current 15,210,765 - 15,210,765 Current - 20,587,069 20,587,069 15,210,765 20,587,069 35,797,834 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: (a) 2022 RM 2021 RM The Group 15,210,765 15,705,768 Present value of obligations Movement in the present value of unfunded defined benefit schemes in the current financial year is as follows: 2022 RM 2021 RM The Group 15,210,765 15,705,768 16,654,765 15,210,765 3,572,036 2,105,784 1,159,198 1,057,573 2,064,106 3,163,357 At beginning of year Amounts recognised in profit or loss (Note 6): Current service costs Interest on obligation (2,667,128) - Past service cost (3,177,926) (1,357,259) (1,514,693) (1,978,521) Amounts recognised in other comprehensive income: Remeasurement gains Benefit paid 1,184,513 667,426 Effect of movements in exchange rates At end of year

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