Page 193 - flipbook-ubp-IR

OUR CORPORATE PERFORMANCE GOVERNANCE
The liabilities in respect of the schemes are analysed as follows:
Defined benefit plans (note a)
Retirement gratuities under the Workers Rights Act (WRA) (note b)
2021 Rs’000 227,593 151,245 378,838
THE GROUP
2022
2021
THE COMPANY
2022
Rs’000
(a) Defined benefit plans
(i) The amounts recognised in the statements of financial position in respect of defined benefit obligation are as follows:
Present value of funded obligation Fair value of plan assets
Benefit liability
At July 01,
Acquisition of subsidiary
Amounts recognised in profit or loss
Amounts recognised in other comprehensive income Employer’s contribution
At June 30,
(ii) Changes in the present value of the defined benefit obligation are as follows:
At July 01,
Acquisition of subsidiary
Amounts recognised in profit or loss: Current service cost
Interest cost
Benefit paid
Amounts recognised in other comprehensive income:
Gains due to changes in financial assumptions Actuarial gains
Employee’s contribution
At June 30,
(109,312) (37,373)
2021 Rs’000 520,288 (292,695) 227,593
2021 Rs’000 371,468 - 34,395 (132,686) (45,584) 227,593
2021 Rs’000 606,416 -
19,867 22,058 41,925 (20,712)
(107,341) - (107,341) - 520,288
THE GROUP
2022
(37,264)
(40,216)
2021
THE COMPANY
2022
Rs’000
284,369
21,321
41,266
Rs’000 466,175 - 50,264 (177,014) (55,056)
Rs’000
227,593
27,789
(14,679)
(30,285)
-
269,476
284,369
210,418
THE GROUP
2022
2021
THE COMPANY
2022
Rs’000
650,208
43,834
Rs’000 759,217
-
Rs’000
520,288
24,902
32,848
57,750
31,510 28,073
15,895
24,610
40,505
-
59,583
(16,349)
(21,941)
(15,314)
UBP INTEGRATED REPORT 2022
191
269,476
150,088
Rs’000 284,369 187,493
Rs’000
210,418
113,196
419,564
471,862
THE GROUP
2022
680,301
(410,825)
269,476
2021
284,369
323,614
THE COMPANY
2022
Rs’000
Rs’000 650,208 (365,839)
Rs’000
515,692
(305,274)
210,418
(32,870)
(22,374)
(29,787)
-
(55,244)
102
(146,685)
650,208
34
(29,787)
515,692
-
680,301
FINANCIAL STATEMENTS