Fraser & Neave Holdings Bhd Annual Report 2020

197 06 financial statements ANNUAL REPORT 2020 Notes to The Financial Statements (Cont’d.) 18. 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. Discount rate Rate of change in salaries Group 1% increase RM’000 1% decrease RM’000 1% increase RM’000 1% decrease RM’000 2020 (Decrease)/Increase in defined benefit obligation (4,570) 5,354 5,157 (4,497) 2019 (Decrease)/Increase in defined benefit obligation (4,199) 4,916 4,604 (4,026) 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. 19. TRADE AND OTHER PAYABLES Group Company Note 2020 RM’000 2019 RM’000 2020 RM’000 2019 RM’000 Current Trade payables 224,547 278,621 – – Other payables – Accrued expenses 43,080 51,346 1,367 965 – Advertising and promotion 49,904 72,288 – – – Deposits 19.1 20,354 22,087 – – – Distributor incentives, discounts and rebates 25,731 39,859 – – – Interest 1,127 1,006 – – – Staff costs 26,698 50,892 – – – Sundry creditors 43,074 49,895 – – – Others 41,134 52,129 – – 251,102 339,502 1,367 965 Amounts due to related parties – Subsidiaries 19.2 – – 87,932 3,581 – Related companies 19.3 41,005 46,458 17 31 41,005 46,458 87,949 3,612 516,654 664,581 89,316 4,577