Hutchison Port Holdings Trust - Annual Report 2015 - page 105

23 PENSION OBLIGATIONS ŸCONTINUED¡
(a) Defined benefit plans (continued)
The movements in the present value of the defined benefit liabilities and its components are as follows:
Defined Fair value Net defined
benefits of plan benefit
obligations assets liabilities
HK$’000 HK$’000 HK$’000
2015
At 1 January 1,300,081 (1,156,002) 144,079
Net charge/(credit) to the income statement
Current service cost 51,009 597 51,606
Interest cost/(income) 20,015 (18,035) 1,980
71,024 (17,438) 53,586
Net charge/(credit) to other comprehensive income
Remeasurements loss:
Actuarial loss arising from:
Experience adjustment 17,031 - 17,031
Financial assumptions 34,959 - 34,959
Return on plan assets excluding interest income - (12,548) (12,548)
51,990 (12,548) 39,442
Other
Contributions paid by the employer - (36,838) (36,838)
Contributions paid by the employee 8,732 (8,732) -
Benefits paid (54,648) 54,648 -
Net transfer (8,388) 8,388 -
At 31 December 1,368,791 (1,168,522) 200,269
Notes to the
Financial Statements
103
ANNUAL REPORT 2015 HUTCHISON PORT HOLDINGS TRUST