Airtel 2015 Annual Report Download - page 325

Bharti Airtel Limited
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323
Consolidated Financial Statements (IFRS)
02-39 | Corporate Overview Financial Statements40-125 | Statutory Reports
126-355
Movement in Plan Assets - Gratuity
(` Millions)
Particulars Year ended
March 31, 2016
Year ended
March 31, 2015
Fair value of plan assets at beginning of year 104 179
Interest income 9 13
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Amount received on redemption of plan assets - (161)
Actuarial gain / (loss) (8) 75
Fair value of plan assets at end of year 66 104
Net funded status of plan (2,590) (2,322)
Actual return on plan assets 1 88
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(` Millions)
Particulars Gratuity Compensated
absence
Current service cost 416 233
Interest cost / (income) (net) 200 92
Remeasurements - actuarial loss/ (gain) - (61)
For the year ended March 31, 2016 616 264
Current service cost 354 220
Interest cost / (income) (net) 174 90
Remeasurements - actuarial loss/ (gain) - (175)
For the year ended March 31, 2015 528 135
Recognised in other comprehensive income
(` Millions)
Particulars Gratuity Compensated
absence
Remeasurements - actuarial loss/ (gain) 129 -
For the year ended March 31, 2016 129 -
Remeasurements - actuarial loss/ (gain) (75) -
For the year ended March 31, 2015 (75) -
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(` Millions)
Weighted average actuarial assumptions As of
March 31, 2016
As of
March 31, 2015
Discount Rate 8.00% 8.50%
Expected Rate of increase in Compensation levels 10.00% 10.00%
Expected Rate of Return on Plan Assets 9.00% 8.00%
Expected Average remaining working lives of employees (years) 25.06 years 24.95 years