Page 116 - ICD-AR22-English

Notes to the Separate Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2022
SPP
The expected employer contribution for year ended 31 December 2022 is USD 3.5 million and expected costs to be recognized in profit or loss is USD 6.3 million.
SRMP
The expected employer contribution for year ended 31 December 2022 is USD 18.6 k and expected costs to be recognized in profit or loss is USD 47.3k.
RMSP
The expected employer contribution for year ended 31 December 2022 is USD 473.1k and expected costs to be recognized in profit or loss is USD (1.7 million).
The amounts recognized in the pension and medical obligations reserve are as follows:
SPP
RMSP
SRMP
31 December 2022 USD
31 December 2021 USD
31 December 2022 USD
31 December 2021 USD
31 December 2022 USD
31 December 2021 USD
January 1
Effect of changes in demographic assumptions
Effect of changes in financial assumptions Effect of experience adjustments
24,491,505
-
(34,431,486) 804,396
40,187,540
(2,292,336)
(3,308,802) (13,932,830)
- -
- -
(1,366,942) -
(2,368,178) -
1,516,212
-
(386,078)
11,820
3,630,533
(38,992)
(331,495)
(1,712,446)
Return on plan assets greater than discount rate
10,593,988
3,837,933
-
-
(461,007)
(31,388)
1,458,403
24,491,505
(3,735,120)
-
680,947
1,516,212
114 ICD ANNUAL REPORT 2022