Investor Presentaiton
HKAS 1.51(a)
HKAS 1.49
HK Listco Ltd
HKAS 19.140(a)(ii)
Financial statements for the year ended 31 December 2023
The present value of unfunded obligations and its movements are as follows:
2023
$'000
2022
$'000
(restated)
At 1 January:
1,508
206
HKAS 19.141(c)(iii)
Remeasurements recognised in other comprehensive income:
Actuarial losses arising from changes in financial assumptions
Expenses recognised in profit or loss:
122
12
8
HKAS 19.141(a)
Current service cost
Interest cost
HKAS 19.141(b)
HKAS 19.141(d)
Past service cost
HKAS 19.147(c)
322
278
45
36
980
367
1,294
At 31 December
1,887
1,508
years (2022:
| years).
The weighted average duration of the defined benefit obligation is
The above expenses are recognised in the following line items in the consolidated statement of profit
or loss: 241
Distribution costs
Administrative expenses
2023
$'000
2022
$'000
(restated)
92
370
275
924
367
1,294
Significant actuarial assumptions 242 (expressed as weighted averages) and sensitivity analysis 243 are
as follows:
HKAS 19.144
2023
2022
Discount rate
]%
1%
Future salary increases
[❤]%
1%
Expected investment return on offsettable
MPF accrued benefits
1%
1%
HKAS 19.145
The below analysis shows how the defined benefit obligation would have increased/decreased as a
result of []% change in the significant actuarial assumptions:
HKAS 19.145(a)
HKAS 19.145(b)
Discount rate
Future salary increases
Increase in 1%
Decrease in 1%
2023
2022
2023
2022
$'000
$'000
$'000
$'000
([●])
([●])
The above sensitivity analysis is based on the assumption that changes in actuarial assumptions are
not correlated and therefore it does not take into account the correlations between the actuarial
assumptions.
154
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