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Notes forming part of the Standalone Financial Statements as at 31 March, 2020

2019-20 2018-19 2019-20 2018-19 2019-20 2018-19 2019-20 2018-19
Reconcilation of opening and closing
balances of Dened Benet Obligation
Dened benet obligation at the
beginning of the year 648.60 511.41 203.23 174.05 2.03 - 161.17 134.49
Adj. to PVO at the beginning of the year - - - - - - -
Current Service Cost 30.97 28.79 11.73 10.25 2.02 2.03 6.45 6.69
Interest Cost 48.82 38.61 15.09 12.96 - - 11.99 10.01
Components of acturial gain/losses on
obligations
Due to change in nancial assumptions 107.40 48.92 15.72 6.51 - - 13.27 7.21
Due to change in demographic
assumptions 1.18 - (0.88) - - - (0.13) -
Due to experience adjustments 60.34 34.49 3.84 2.14 - - (10.05) 7.58
Actuarial losses (gains) 168.91 83.41 18.68 8.65 - - 3.08 14.80
Past service cost - - - - - - - -
Benets paid (26.67) (13.62) (3.94) (2.67) - - (3.32) (4.82)
Dened benet obligation at the year end 870.63 648.60 244.78 203.23 4.04 2.03 179.36 161.17

Reconcilation of opening and closing
balances of Fair Value of Plan Assets
Fair value of plan assets at the beginning
of the year 535.77 418.91 174.18 153.71 - - - -
Interest Income 41.41 32.71 13.34 11.81 - - - -
Contributions by employer 52.18 93.50 12.00 12.00 - - - -
Benet Paid (26.67) (13.62) (3.94) (2.67) - - - -
Return on plan assets excluding
amounts included in interest income (1.97) 4.26 (1.23) (0.65) - - - -
Fair value of plan assets at the year end 600.72 535.77 194.35 174.18 - - - - - - - -
The actual return on plan asset is Rs. 39.44 36.98 12.11 11.15 - - - - - - - -

Reconciliation of present value of the
obligation and fair value of the plan
assets
Present Value of Funded obligation
at the year end 870.63 648.60 244.78 203.23 - - - - - - - -
Present Value of Unfunded obligation
at the year end - - - - 4.04 2.03 179.36 161.17
Fair Value of Plan assets at the year end 600.72 535.77 194.35 174.18 - - - -
Amount Recognised in the Balance
Sheet 269.91 112.83 50.43 29.04 4.04 2.03 179.36 161.17

Composition of plan assets

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