Page 147 - One report AUCT2024_Eng
P. 147
15. Provision for long-term employee benefits
Provision for long-term employee benefits, which represents compensation payable to employees after they retire, was as follows:
Part 3
Financial Statements
2024
(Unit: Baht)
2023
16,690,151
4,244,143 503,385
-
- (3,444,566)
17,993,113
17,993,113
2,147,444
559,595
576,256
1,652,283
(4,159,340)
18,769,351
Provision for long-term employee benefits at beginning of year
Included in profit or loss: Current service cost Interest cost
Included in other comprehensive income: Actuarial loss arising from
Financial assumptions changes
Experience adjustments
Benefits paid during the year
Provision for long-term employee benefits at end of year
The Company expects to pay Baht 1.6 million of long-term employee benefits during the next year (2023: Baht 1.6 million).
As at 31 December 2024, the weighted average duration of the liabilities for long-term employee benefit is 13 years (2023: 12 years).
Significant actuarial assumptions are summarised below.
Discount rate Salary increase rate Turnover rate
(Unit: percent per annum)
2024
2023
3.1
5.0 7.64 - 22.9
2.7
5.0
7.64 - 22.9
บริษัท สหการประมูล จากัด (มหาชน)
147
Union Auction Public Company Limited