2020 UEM Edgenta Annual Report

24. RETIREMENT BENEFIT OBLIGATIONS (CONTD.) The details of the net employee benefits liability are as follows: Group RM’000 2020 2019 Present value of the defined benefit obligations (“PVDBO”) At 1 January 3,747 4,456 Defined retirement benefit obligations (Note 8) 353 231 Contributions paid (391) (136) Payable by associates (314) (804) At 31 December 3,395 3,747 Group RM’000 2020 2019 Analysis of funded and unfunded PVDBO PVDBO from plans that are wholly unfunded 3,395 3,747 Analysed as: Current 877 564 Non-current: Later than 1 year but not later than 2 years 550 877 Later than 2 years 1,968 2,306 2,518 3,183 3,395 3,747 The details of net employee benefits expense recognised in income statement are as follows: Group RM’000 2020 2019 Current service costs 56 59 Loss on settlement 141 – Interest cost 156 172 Net employee benefits expense (Note 8) 353 231 ANNUAL REPORT 2020 261 1 2 3 4 5 6 7 8

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