242 Atul Ltd | Annual Report 2022-23 Atul Ltd | Annual Report 2022-23 Atul Ltd Atul House G I Patel Marg Ahmedabad 380 014, Gujarat India Atul Ltd | Annual Report 2022-23 Reconnect | Reimagine | Regrow Corporate Overview Statutory Reports Financial Statements Note 30.6 Employee benefit obligations Funded schemes a) Defined benefit plans Gratuity (` cr) Particulars Present value of obligation Fair value of plan assets Net amount As at March 31, 2021 55.30 (54.80) 0.50 Current service cost 3.97 - 3.97 Interest expense | (income) 3.51 (3.47) 0.04 Total amount recognised in the Consolidated Statement of Profit and Loss 7.48 (3.47) 4.01 Remeasurement Return on plan assets, excluding amount included in interest expense | (income) (0.01) 0.02 0.01 (Gain) from change in demographic assumptions (1.71) - (1.71) Loss from change in financial assumptions 5.94 - 5.94 Experience (gain) 3.02 - 3.02 Total amount recognised in other comprehensive income 7.24 0.02 7.26 Employer contributions - (10.38) (10.38) Benefit payments (5.17) 5.00 (0.17) Liability transferred out | Divestments (0.13) - (0.13) Assets transferred in | Acquisitions 0.07 - 0.07 As at March 31, 2022 64.79 (63.62) 1.17 Current service cost 4.73 (0.01) 4.72 Interest expense | (income) 4.16 (4.06) 0.10 Total amount recognised in the Consolidated Statement of Profit and Loss 8.89 (4.07) 4.82 Remeasurement Return on plan assets, excluding amount included in interest expense | (income) - 0.12 0.12 (Gain) from change in demographic assumptions 0.90 - 0.90 Loss from change in financial assumptions (4.20) - (4.20) Experience (gain) (1.08) - (1.08) Total amount recognised in other comprehensive income (4.38) 0.12 (4.26) Employer contributions - (0.65) (0.65) Liability transferred out | Divestments 0.01 - 0.01 Assets transferred in | Acquisitions (4.62) 4.62 - As at March 31, 2023 64.69 (63.60) 1.09
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