Page 111 - ICD AR21 EN

17 EMPLOYEE PENSION LIABILITIES (Continued)
17.3 BASED ON THE ACTUARIAL VALUATIONS, THE PENSION AND MEDICAL BENEFIT EXPENSES
FORTHEYEAR COMPRISEDTHE FOLLOWING:
ANNEXES
SPP
SRMP
31 December 2021 USD
31 December 2020 USD
31 December 2021 USD
31 December 2020 USD
Gross current service costs
Cost of defined benefit obligation Past service costs
Income from plan assets
Actuarial (gain)/ loss due to change in assumption
Return on plan assets greater / (less) than discount rate
6,476,323 2,421,000 - (1,203,000)
5,041,028 571,391 2,347,000 216,000 427,848 - (1,497,000) (57,000)
439,431 208,000 - (68,000)
1,312,077 280,855
Cost recognized in income statement
7,694,323
6,318,876
730,391
579,431
(19,533,968)
13,538,786
(2,082,933)
3,837,933
4,093,890
(31,388)
Actuarial (gain) / loss recognized in statement of changes in members’ equity
(15,696,035)
17,632,676
(2,114,321)
1,592,932
17.4 THE FOLLOWING TABLE PRESENTS THE PLAN ASSETS BY MAJOR CATEGORY:
SPP
SRMP
31 December 2021 USD
31 December 2020 USD
31 December 2021 USD
31 December 2020 USD
Investments in Sukuk
Managed funds and Installment sales
Cash and cash equivalent and commodity
placements
Land
Others 165,201 333,509 496,461
13,830,951 6,580,700
14,716,983 889,740 5,918,113 -
890,993 - 1,228,355
- 53,936
24,025,541
20,113,776
1,103,120
3,932,613 4,259,435 -
48,535,006
45,341,816
2,489,321
2,173,284
STRONGER TOGETHER 109