Page 229 - Tata Steel One Report 2024-Eng-Ebook HY

Business Operation and Performance Driving Business Towards Sustainability Corporate Governance Policy Financial Statements Attachments
Tata Steel (Thailand) Public Company Limited
Notes to the Consolidated and Separate Financial Statements
Tata Steel (Thailand) Public Company Limited
Notes to the Consolidated and Separate Financial Statements
For the year ended 31 March 2025
For the year ended 31 March 2025
The movements of employee benefit obligations - Retirement benefits for the years ended 31 March 2025 and 2024 comprise the following:
Consolidated financial statements
Separate financial statements
2025 Thousand Baht
320,335 18,348 9,437
15,232 (327) (12,795)
350,230
2024 Thousand Baht
295,101 17,550 8,934
3,494
4,129 (8,873)
320,335
benefits for the years ended 31 March 2025 and 2024
Opening balance for the year Current service cost
Interest cost Remeasurements:
Loss from change in financial assumptions
Experience (gain)/loss Employee benefit paid
Closing balance for the year
2025 Thousand Baht
63,386 4,878 1,815
4,334 (2,322) -
2024 Thousand Baht
54,819 4,526 1,648
1,778 615 -
72,091
63,386
The movement of employee benefit obligations - Other long-term comprise the following:
Opening balance for the year Current service cost
Interest cost Remeasurements:
(Gain)/loss from change in financial assumptions
Experience loss Employee benefit paid
Closing balance for the year
2025 Thousand Baht
53,412 4,459 1,325
1,555 15,365 (6,392)
69,724
2024 Thousand Baht
47,972 4,148 1,136
(469) 5,497 (4,872)
53,412
2025 Thousand Baht
6,119 607 150
341 1,808 (783)
8,242
2024 Thousand Baht
5,518 553 134
(20) 439 (505)
6,119
Consolidated financial statements
Separate financial statements
56-1 One Report 2024-25 227