31 PROVISION FOR RETIREMENT BENEFITS
The Group operates an unfunded lump-sum benefit plan for eligible employees at a subsidiary company.
The movements during the financial year in the amount recognised in the statement of financial position are as follows:
Group
2015
RM’000
2014
RM’000
At 1 January
2,260
2,038
Charge to profit or loss (Note 10)
246
231
Retirement benefits paid
–
(9)
Effect of re-measurement gain recognised in other comprehensive income
(208)
–
2,298
2,260
The amount recognised in profit or loss is as follows:
Current service cost
127
122
Interest cost on benefit obligation
122
109
Past service cost
(3)
–
246
231
311
KPJ Healthcare Berhad
Annual Report
2015
NOTES TO THE
FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2015 (CONTINUED)
