Arohan Financial Services Limited | Annual Report 2021-22

188 | Annual Report | 2021-2022 Arohan Financial Services Limited Summary of significant accounting policies and other explanatory information for the year ended 31 March, 2022 (Contd.) (All amounts in ` lakhs unless otherwise stated) Note 37: Employee benefits (Contd.) B) Defined benefit plans (Contd.) (v) Sensitivity analysis for pension fund 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: Particulars Year ended 31 March 2022 Year ended 31 March 2021 Impact of the change in discount rate Present value of obligation at the end of the year - Impact due to increase of 1% (14.39) - - Impact due to decrease of 1% 17.20 - (vii) Maturity profile of defined benefit obligation (discounted) Particulars As at 31 March 2022 As at 31 March 2021 Year 0 to 1 year 28.23 - 1 to 2 year 22.32 - 2 to 3 year 10.81 - 3 to 4 year 4.09 - 4 to 5 year 4.28 - 5 to 6 year 29.55 - Total 99.28 - (c) Compensated absences (i) Amount recognised in the balance sheet is as under: (ii) Amount recognised in the statement of profit and loss is as under: Particulars As at 31 March 2022 As at 31 March 2021 Present value of obligation 971.72 837.49 Fair value of plan assets - - Net obligation recognised in balance sheet as provision 971.72 837.49 Particulars Year ended 31 March 2022 Year ended 31 March 2021 Current service cost 191.99 173.42 Past service cost - - Net interest on net defined benefit liability/ (asset) 43.85 33.53 Immediate recognition of (gains)/ losses 11.74 11.45 Payment made during the year - - Net impact on profit (before tax) 247.58 218.40