Amal Ltd 2020-21

Amal Ltd | Annual Report 2020-21 ( ` lakhs) Particulars Present value of obligation Fair value of plan assets Net amount Remeasurement (Gain) | loss from change in financial assumptions 0.28 - 0.28 Return on plan assets, excluding amount included in interest expense (0.09) 0.05 (0.04) Experience (gain) (0.31) - (0.31) Total (income) | expense recognised in other comprehensive income (0.12) 0.05 (0.07) Employer contributions - (1.09) (1.09) Benefit payments (0.23) 0.23 - As at March 31, 2020 liability | (asset) 7.75 (17.79) (10.04) Current service cost 1.14 - 1.14 Interest expense | (income) 0.50 (1.14) (0.64) Total (income) | expense recognised in profit and loss 1.64 (1.14) 0.50 Remeasurement (Gain) | loss from change in financial assumptions (0.59) - (0.59) Return on plan assets, excluding amount included in interest expense 0.87 0.29 1.16 Experience (gain) 0.31 - 0.31 Total (income) | expense recognised in other comprehensive income 0.59 0.29 0.88 Employer contributions - (0.12) (0.12) Liability for employee transferred 4.08 - 4.08 Benefits paid (5.03) 5.03 - As at March 31, 2021 liability | (asset) 9.03 (13.73) (4.70) The net liability disclosed above relates to following funded and unfunded plans: ( ` lakhs) Particulars As at March 31, 2021 As at March 31, 2020 Present value of funded obligations 9.03 7.75 Fair value of plan assets (13.73) (17.79) Deficit | (surplus) of gratuity plan (4.70) (10.04) Note 25.5 Employee benefit obligations (continued)