PGHH_AR_2020

Notes to Financial Statements for the year ended June 30, 2020 Annual Report 2019-20 115 Company Overview Board's Report MD&A CG Report Financial Statement Procter & Gamble Hygiene and Health Care Limited The current service cost for the year are included in the ‘Employee benefits expense’ line item in the Statement of Profit and Loss. The net interest expenses for the year are included in the ‘Finance costs’ line item in the Statement of Profit and Loss. The remeasurement of the net defined benefit liability is included in Other Comprehensive Income. C. The amount included in the Balance Sheet arising from the entity's obligation in respect of its defined benefit plans is as follows: As at June 30, 2020 As at June 30, 2019 ` in lakhs ` in lakhs Gratuity Plan (Funded) Present value of funded defined benefit obligation 7 498 7 029 Fair value of plan assets (693) (999) Net liability arising from defined benefit obligation 6 805 6 030 Compensated absence plan (Unfunded) Present value of funded defined benefit obligation 260 201 Net liability arising from defined benefit obligation 260 201 Post retirement medical benefit (PRMB) (Unfunded) Present value of funded defined benefit obligation 365 344 Net liability arising from defined benefit obligation 365 344 D. Movement in the present value of the defined benefit obligation are as follows: Year ended June 30, 2020 Year ended June 30, 2019 ` in lakhs ` in lakhs Gratuity Plan (Funded) Opening defined benefit obligation 7 029 5 512 Current service cost 618 489 Interest cost 466 426 Remeasurement on the net defined benefit liability: Actuarial (gains) / losses arising from changes in assumptions 478 971 Actuarial (gains) / losses arising from changes in experience adjustments (340) (9) Benefits paid (753) (360) Closing defined benefit obligation 7 498 7 029 Compensated absence plan (Unfunded) Opening defined benefit obligation 201 147 Current service cost 21 15 Interest cost 14 12 Immediate recognition of (gains)/losses – other long term employee benefit plans 24 28 Benefits paid ---- (1) Closing defined benefit obligation 260 201 Post retirement medical benefit (PRMB) (Unfunded)