PGHH_AR_2020

Notes to Financial Statements for the year ended June 30, 2020 Annual Report 2019-20 116 Procter & Gamble Hygiene and Health Care Limited Year ended June 30, 2020 Year ended June 30, 2019 ` in lakhs ` in lakhs Opening defined benefit obligation 344 284 Current service cost 4 3 Interest cost 23 22 Remeasurement on the net defined benefit liability: Actuarial (gains) / losses arising from changes in assumptions 18 34 Actuarial (gains) / losses arising from changes in experience adjustments (11) 12 Benefits paid (13) (11) Closing defined benefit obligation 365 344 E. Movement in the fair value of the plan assets are as follows: Year ended June 30, 2020 Year ended June 30, 2019 ` in lakhs ` in lakhs Gratuity Plan Opening fair value of plan assets 999 1 048 Interest Income 60 79 Remeasurement gain / (loss): Return on plan assets (excluding amounts included in net interest expense) (81) (18) Employer contributions 468 250 Benefits paid (753) (360) Closing fair value of plan assets 693 999 F. The fair value of the plan assets for plan at the end of the reporting year for each category, are as follows: Gratuity Plan As at June 30, 2020 As at June 30, 2019 ` in lakhs ` in lakhs High quality Corporate Bonds (including Public Sector Unit) 185 346 Government Of India Securities (Central and State) 140 136 Cash (including Special Deposit Scheme) 355 502 Private Sector Unit 13 15 Total 693 999 The fair values of the above equity and debt instruments are determined based on quoted market prices in active markets. Expected employer contributions for the period ending June 30, 2021 is ` Nil Lakhs (for the year ended June 30, 2020: ` Nil lakhs) The actual return on plan assets was ` (21) lakhs (for the year ended June 30, 2019: ` 61 lakhs)