Notes to the Financial Statements for the Financial Year Ended 30 September 2024 MKH BERHAD ANNUAL REPORT 2024 Laying The Foundation of Excellence Where People Matter Guided by Leadership, Inspired by People Delivering Value That Matters to People PG. 262 30. PROVISIONS Post - employment benefit obligations Retirement gratuity Total RM RM RM The Group 2024 At beginning of year 18,784,548 21,904,397 40,688,945 Provision during the financial year (Note 6) 4,965,494 - 4,965,494 Incurred during the financial year (1,694,113) - (1,694,113) Remeasurement gains on defined benefit plans: Actuarial gains arising from experience adjustments (1,087,745) - (1,087,745) Effect of movements in exchange rate (2,236,878) - (2,236,878) At end of year 18,731,306 21,904,397 40,635,703 2023 At beginning of year 15,705,768 20,587,069 36,292,837 Provision during the financial year (Note 6) 4,415,620 1,317,328 5,732,948 Incurred during the financial year (1,654,562) - (1,654,562) Remeasurement losses on defined benefit plans: Actuarial losses arising from experience adjustments 272,040 - 272,040 Effect of movements in exchange rate 45,682 - 45,682 At end of year 18,784,548 21,904,397 40,688,945
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