140
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
16 NET EMPLOYEE RETIREMENT BENEFITS LIABILITIES (Continued)
Defined benefit retirement plan (Continued)
(a)
(ii)
Plan assets consist of the following:
Equity securities
Fixed deposits
Total
All of the equity securities have quoted prices in active markets.
(iii)
Movements in the present value of the defined benefit obligations:
2018
2017
38.3%
41.8%
61.7%
58.2%
100.0%
100.0%
2018
HK$'000
2017
HK$'000
At 1 January
37,109
35,312
Remeasurements:
Actuarial (gain)/loss arising from changes in financial
assumptions
- Actuarial loss/(gain) arising from changes in experience - Actuarial loss/(gain) arising from change in demographic
assumptions
Current service cost
Interest cost
Benefits paid by the plan
At 31 December
Hong Kong Ferry (Holdings) Company Limited Annual Report 2018
(500)
273
219
(63)
6
(3)
(275)
207
1,180
1,160
629
633
(203)
38,643
37,109