TAN CHONG MOTOR HOLDINGS BERHAD
Annual Report 2014
97
NOTES TO THE FINANCIAL STATEMENTS
19. Employee benefits (continued)
Sensitivity analysis
Reasonably possible changes at the reporting date to one of the relevant actuarial assumptions, holding other
assumptions constant, would have affected the defined benefit obligation by the amounts shown below.
Group
Company
Increase Decrease Increase Decrease
RM’000
RM’000
RM’000
RM’000
2014
Discount rate (1% movement)
(2,918)
3,456
(72)
84
Future salary growth (1% movement)
3,102
(2,707)
89
(76)
2013
Discount rate (1% movement)
(2,512)
2,982
(62)
73
Future salary growth (1% movement)
2,459
(2,154)
71
(61)
Although the analysis does not account to the full distribution of cash flows expected under the plan, it provides an
approximation of the sensitivity of the assumptions shown.
20. Payables and accruals
Group
Company
Note
2014
2013
2014
2013
RM’000
RM’000
RM’000
RM’000
Non-current
Non-trade
Amount due to subsidiaries
a
-
-
380,212
236,394
Current
Trade
Trade payables
354,975
328,803
-
-
Non-trade
Payables and accruals
276,603
273,945
5,492
1,444
Amount due to subsidiaries
b
-
-
82,365
216,935
276,603
273,945
87,857
218,379
631,578
602,748
87,857
218,379
Note a
The non-current amount due to subsidiaries is in respect of advances that are unsecured, not repayable within the next
twelve months and are subject to interest at 5.75% (2013: 5.55%) per annum.
