Integrated Annual Report 2024-25 318 36. Employee Benefits (contd.) (c) Details of defined benefit plans as per actuarial valuation are as below: Rupees crores Particulars Funded Plan Unfunded Plans Gratuity Post retirement medical benefits Post retirement housing allowance 2025 2024 2025 2024 2025 2024 (i) Amounts recognised in profit or loss Current service cost................................................................................ 77.75 71.79 0.45 0.83 2.51 2.22 Past service cost........................................................................................ — — — (20.23) — — Net interest expense / (income)..................................................... (5.46) (3.04) 1.89 2.48 8.06 8.02 Total amount included in employee benefits expense 72.29 68.75 2.34 (16.92) 10.57 10.24 (ii) Amounts recognised in other comprehensive income Remeasurement (gains) / losses: a) Actuarial (gains) / losses arising from changes in - – demographic assumptions....................................................... (2.22) 1.66 (0.06) 0.09 — — – financial assumptions................................................................. 21.41 16.37 0.46 0.38 3.30 2.50 – experience adjustments............................................................ (15.78) (19.70) (0.12) (2.55) 3.18 0.08 b) Return on plan assets, excluding amount included in net interest expense / (income)....................................... (5.73) (0.66) — — — — Total amount recognised in other comprehensive income............................................................................................................... (2.32) (2.33) 0.28 (2.08) 6.48 2.58 (iii) Changes in the defined benefit obligation Opening defined benefit obligation............................................... 968.95 933.58 27.47 47.93 116.29 112.15 Additions / (Deletions) through business combinations / inter company transfers....................................................................... (0.77) (7.09) — — — — Current service cost................................................................................ 77.75 71.79 0.45 0.83 2.51 2.22 Past service cost........................................................................................ — — — (20.23) — — Interest expense......................................................................................... 63.54 63.40 1.89 2.48 8.06 8.02 Remeasurements (gains) / losses arising from changes in - – demographic assumptions............................................................. (2.22) 1.66 (0.06) 0.09 — — – financial assumptions........................................................................ 21.41 16.37 0.46 0.38 3.30 2.50 – experience adjustments.................................................................. (15.78) (19.70) (0.12) (2.55) 3.18 0.08 Benefits paid................................................................................................. (78.57) (91.06) (1.86) (1.46) (8.63) (8.68) Closing defined benefit obligation................................................. 1,034.31 968.95 28.23 27.47 124.71 116.29 (iv) Changes in fair value of plan assets Opening fair value of plan assets.................................................. 1,000.79 929.95 — — — — Additions / (Deletions) through business combinations / inter company transfers....................................................................... — 0.84 — — — — Interest income........................................................................................... 69.00 66.44 — — — — Return on plan assets excluding interest income............. 5.73 0.66 — — — — Contribution by employer.................................................................... 65.83 93.96 — — — — Benefits paid................................................................................................. (78.57) (91.06) — — — — Closing fair value of plan assets 1,062.78 1,000.79 — — — —
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