Frontken Berhad Annual Report 2019

111 Frontken Corporation Berhad (651020-T) ANNUAL REPORT 2019 28. TRADE PAYABLES, OTHER PAYABLES AND ACCRUED EXPENSES (CONT’D) (a) Defined benefit plan – Taiwan (Cont’d) Movement in the present value of defined benefit obligations:- The Group 2019 2018 RM RM At 1 January 8,033,229 8,022,735 Current service costs and interest 62,208 127,281 Actuarial losses/(gains) in other comprehensive income 332,059 (4,388) Defined plan payable - (30,694) Exchange difference 68,054 (81,705) At 31 December 8,495,550 8,033,229 Movement in the fair value of plan assets:- The Group 2019 2018 RM RM At 1 January 5,876,339 5,554,990 Expected return on plan assets 81,233 82,934 Actuarial gains in other comprehensive income 180,380 144,483 Contribution paid into the plan 176,763 177,922 Defined plan payable - (30,695) Exchange difference 52,404 (53,295) At 31 December 6,367,119 5,876,339 Expenses recognised in profit or loss:- The Group 2019 2018 RM RM Current service costs and interests 62,208 127,281 Expected return on plan assets (81,233) (82,934) Net benefit expense (19,025) 44,347 Actuarial gains and losses recognised directly in other comprehensive income:- The Group 2019 2018 RM RM Actuarial (losses)/gains recognised during the year (121,342) 186,775 Notes To The Financial Statements (cont’d)