Frontken Berhad Annual Report 2020

Annual Report 2020 119 FRONTKEN CORPORATION BERHAD 200401012517 (651020-T) Notes to the Financial Statements (cont’d) 25. TRADE PAYABLES, OTHER PAYABLES AND ACCRUED EXPENSES (CONT’D) (b) Defined benefit plan – Philippines (Cont’d) The Group 2020 2019 (Decrease)/ (Decrease)/ Increase Increase Effect on defined benefit obligations RM RM Discount rate (per annum) - strengthened by 1% (3,023) (2,415) - weakened by 1% 3,182 2,535 Expected rate of salary increases (per annum) - strengthened by 1% 3,211 2,589 - weakened by 1% (3,107) (2,512) (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 2020 2019 RM RM At 1 January 391,878 434,244 Current service costs and interest 80,341 25,289 Actuarial gains in other comprehensive income (143) (82,270) Defined plan payable – – Exchange difference (15,699) 14,615 At 31 December 456,377 391,878 Expenses recognised in profit or loss:- The Group 2020 2019 RM RM Current service costs and interests 80,341 25,289