106
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
16 NET EMPLOYEE RETIREMENT BENEFITS (LIABILITIES)/ASSETS (Continued)
(a) Defined benefit retirement plan (Continued)
(iv) Movements in plan assets:
(v)
2015
HK$'000
2014
HK$'000
At 1 January
41,854
43,080
Interest income
569
681
Return less than discount rate
(699)
(261)
Benefits paid by the plan
(4,749)
(1,336)
Administrative expenses paid
(305)
(310)
Contributions paid to the plan
39
At 31 December
36,709
41,854
Amounts recognised in the consolidated statement of profit or loss and other comprehensive income are as follows:
2015
HK$'000
2014
HK$'000
Current service cost
1,326
1,336
Past services cost of scheme amendments
2,470
Net income on net defined benefit liability/asset
(10)
(66)
Administrative expenses paid
305
310
Total amounts recognised in profit or loss
4,091
1,580
Actuarial losses
Return on plan assets, excluding interest income
999
846
699
261
Total amounts recognised in other comprehensive income
1,698
1,107
Total defined benefit costs
5,789
2,687
Hong Kong Ferry (Holdings) Company Limited Annual Report 2015