Page 57 - SABN AR 2021

2021
R’000
232 879
205 460
183 052
1 272
25 008
(1 116)
183 285
205 460
232 265
(2 861)
25 008
3 472
210 878
205 460
200 003
663
23 839
(670)
205 204
205 460
205 745
(51)
25 008
55
The effect of a 1% increase and decrease in the discount rate is as follows:
Employer’s accrued liability 1% decrease
Valuation basis
1% increase
Employer’s service and interest cost movement 1% decrease
Valuation basis* amount
1% increase
The effect of a 1% increase and decrease in the medical inflation rate is as follows:
Employer’s accrued liability 1% decrease
Valuation basis
1% increase
Employer’s service and interest cost movement 1% decrease
Valuation basis* amount
1% increase
The effect of a one-year increase and decrease in the post-retirement mortality rate is as follows:
Employer’s accrued liability 1 year downward
Valuation basis*
1 year upward
Employer’s service and interest cost movement 1 year downward
Valuation basis* amount
1 year upward
The effect of a 1% increase and decrease in the salary inflation rate is as follows:
Employer’s accrued liability 1% decrease
Valuation basis*
1% increase
Employer’s service and interest cost movement 1% decrease
Valuation basis* amount
1% increase
* The valuation basis consists of provision for post-employment medical aid benefits and post-employment group life benefits.
South African Bank Note Company (RF) Proprietary Limited
Annual Report 2021
R’000
208 108 184 629 165 305
1 207 23 839 (1 055)
165 343 184 629 207 802
(2 651) 23 839 3 198
189 106 184 629 180 110
584 23 839 (590)
184 429 184 629 184 854
(42) 23 839 47
2020
57