Frontken Berhad Annual Report 2019

114 Frontken Corporation Berhad (651020-T) ANNUAL REPORT 2019 28. TRADE PAYABLES, OTHER PAYABLES AND ACCRUED EXPENSES (CONT’D) (b) Defined benefit plan – Philippines (Cont’d) The Group 2019 2018 (Decrease)/ (Decrease)/ Increase Increase RM RM Effect on defined benefit obligations Discount rate (per annum) - strengthened by 1% (2,415) (2,983) - weakened by 1% 2,535 3,132 Expected rate of salary increases (per annum) - strengthened by 1% 2,589 3,272 - weakened by 1% (2,512) (3,170) (c) Defined benefit plan – Indonesia The Group conforms to the obligations relating to the employee benefits due under the prevailing law and regulations. Movement in the present value of defined benefit obligations:- The Group 2019 2018 RM RM At 1 January 434,244 517,391 Current service costs and interest 25,289 105,345 Actuarial gains in other comprehensive income (82,270) (145,768) Defined plan payable - (21,467) Exchange difference 14,615 (21,257) At 31 December 391,878 434,244 Expenses recognised in profit or loss:- The Group 2019 2018 RM RM Current service costs and interests 25,289 105,345 Notes To The Financial Statements (cont’d)

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