2010-11 - Grasim
2010-11 - Grasim
2010-11 - Grasim
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UltraTec<br />
ech Cement Limited<br />
19.<br />
Employee Benefits:<br />
(a) Defined Benefit Plans as per Act<br />
ctuarial<br />
Valuation on March 31:<br />
` in Crores<br />
(i)<br />
(ii)<br />
Gratuit<br />
uity<br />
(Funded)<br />
<strong>2010</strong>-1<br />
0-<strong>11</strong> 2009-1<br />
09-10<br />
Post<br />
Post<br />
Pension<br />
Retirement<br />
Gratuit<br />
uity<br />
Pension<br />
Retirement<br />
Medical (Funded)<br />
Medical<br />
Benefits<br />
Benefits<br />
Change in defined<br />
benefit obligation<br />
Opening Balance of 52.10 0.74 0.56 41.98<br />
0.82 0.61<br />
Present value of<br />
Defined Benefit<br />
Obligation<br />
Addition on account of 98.05 7.83 - - - -<br />
obligation Transferred<br />
from SCL as on<br />
01.07.<strong>2010</strong>, pursuant to<br />
scheme of Amalgamation<br />
Adjustment of:<br />
Current Service Cost <strong>11</strong>.51 - - 3.79 - -<br />
Interest Cost <strong>11</strong>.03 0.55 0.04 3.24 0.06 0.04<br />
Actuarial Losses / (Gain) 9.53 0.20 - 4.14 (0.07) (0.05)<br />
Benefits Paid (7.17) (3.00) (0.03) (1.69) (0.07) (0.04)<br />
Past Service Cost 2.83 - - 0.64 - -<br />
Obligation during<br />
Current year - 15.15 - - - -<br />
Closing Balance of 177<br />
77.88<br />
.88 21.47<br />
.47 0.57 52.10 0.74 0.56<br />
Present value of<br />
Defined Benefit<br />
Obligation<br />
Change in Fair<br />
Value<br />
of Assets<br />
Opening 44.84 - - 40.36 - -<br />
Balance of Fair<br />
Value<br />
of Plan Assets<br />
Addition on account of 95.69 - - - - -<br />
Fair Value of Plan<br />
Assets transferred from<br />
SCL as on 01.07.<strong>2010</strong><br />
Adjustment of: 9.95 - - 3.91 - -<br />
Return on Plan Assets<br />
Contribution by the 17.85 3.00 0.03 2.26 0.07 0.04<br />
employer<br />
53 ⊳
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