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Download the Annual Report for 2010-11. - kiocl limited

Download the Annual Report for 2010-11. - kiocl limited

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TYPE OF PLANLONG TERM COMPENSATEDABSENCE - SICK LEAVEPERIOD OF DISCLOSURE 01-04-<strong>2010</strong> TO 31-03-2011VI. AMOUNTS RECOGNISED IN THE BALANCE SHEET AND RELATED ANALYSESPresent value of <strong>the</strong> obligation 649.29Fair value of plan assets -Difference 649.29Unrecognised transitional liabilty -Unrecognised past service cost - non vested benefits -Liability recognized in <strong>the</strong> balance sheet 649.29VII. EXPENSES RECOGNISED IN THE STATEMENT OF PROFIT AND LOSS:Current service cost 32.47Interest Cost 36.72Expected return on plan assets -Net actuarial (gain)/loss recognised in <strong>the</strong> year 178.85Transitional Liability recognised in <strong>the</strong> year -Past service cost - non-vested benefits -Past service cost - vested benefits -Expenses recognized in <strong>the</strong> statement of profit and loss 248.04VIII. MOVEMENTS IN THE LIABILITY RECOGNIZED IN THE BALANCE SHEETOpening net liability 472.87Expense as above 248.04Contribution paid (71.62)Closing net liability 649.29IX. AMOUNT FOR THE CURRENT PERIODPresent Value of obligation 649.29Plan Assets -Surplus / (Deficit) (649.29)Experience adjustments on plan liabilities -(loss)/gain (173.65)Experience adjustments on plan assets -(loss)/gain -X. MAJOR CATEGORIES OF PLAN ASSETS (AS PERCENTAGE OF TOTAL PLAN ASSETS)Government of India Securities -State Government Securities -High Quality Corporate Bonds -Equity shares of listed Companies -Property -Special Deposit Scheme -Funds managed by Insurer -O<strong>the</strong>rs (to specify) -Total -110XI. ENTERPRISE'S BEST ESTIMATE OF CONTRIBUTION DURING NEXT YEAR -

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