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13 of 5,330 prompts

What is the ‘contribution to provident and other funds’ expenses for the year ended 31.3.2009?→ 492.20 / Rupees in lacs What is the ‘Insurance ’ expenses for the year ended 31.3.2010?→ 359.88 / Rupees in lacs What is the ‘Insurance ’ expenses for the year ended 31.3.2009?→ 319.03 / Rupees in lacs What is written inside the figure at the top right end of the page?→ GPI What is the page number?→ 43 What is the schedule no.?→ 16 / Schedule 16 What is the discount rate (per annum) for the current year?→ 8.20%What is the excess of fair value over the book value of plan assets for current year?→ 16.56 Which schedule shows provisions?→ Schedule 11 Which schedule shows deferred taxation?→ Schedule 12 What is the proposed dividend as on 31.3.2010?→ 2599.70 What is ‘schedule 13’?→ Other Income / Other income What is ‘schedule 14’?→ Raw and packing materials, manufactured and other goods

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PromptDocVQA · pagejybx0223_58.png

What is the discount rate (per annum) for the current year?

OCR text of the page · 2,118 characters; the scanned image itself is not published

GODFREY PHILLIPS
-INDIA LIMITED
SCHEDULE 16 - Notes to the accounts (contd.)
Ill. Defined benefit plans (based on actuarial valuation)
Gratuity
in accordance with Accounting Standard 15 (revised 2005), actuarial valuation was done in respect
of the aforesaid defined benefit plan and details of the same is given below:
Gratuity (Funded)
A) Principal Assumptions
Current year Hevious year
. Discount rate (per annum)
8.20%
7 %
Rate of increase in compensation levels
Management:
Management
9% pa. for first 4
9 p.a, for first 5
years & 7% p.a.
years & 7% p.a.
thereafter
thereafter
Non Management:
Non Management
7%
6%
Expected rate of return on plan assets
7.50%
7.50%
Expected average remaining working lives of employees
11.01 years
12.09 years
Retirement age
58 years
58 years
Rupees in lace
Current year
Previous year
B) Changes in the present value of obligation
Present value of obligation as at the beginning of the year
3183.26
2610.63
Interest cost
215.14
188.11
Current service cost
192.36
134.65
Benefits paid
(164.82)
(205.95)
Actuarial (gain) loss on obligations
125.79
455.82
Present value of obligation as at the end of the year
3551.73
3183.26
C) Change in the fair value of plan assets
Fair value of plan assets as at the beginning of the year
2611.94
2052.79
Expected return on plan assets
185.23
141.86
. Actuarial gain (loss) on plan assets
53.42
118.12
Contributions received
575.38
505.12
Benefits paid
(164.82)
(205.95)
Fair value of plan assets as at the end of the year
3261.15
2611.94
D) Excess of fair value over book value of plan assets
16.56
1.06
E Net liability recognized in the balance sheet (B-C+ D)
307.14
575.38
F) Constitution of plan assets
Government Securties
1191.15
1170.43
Public Sector Bonds
2061.08
1446.07
Special Deposit Schemes
18.97
18.97
Others
(10.05)
(23.53)
Btal
3261.15
2611.94
G) Expenses recognized in the profit and loss account
1800 edLies quam()
192.36
134.65
Interest cost
215.14
188.11
Expected return on plan assets
(185.23)
141.86)
Net actuarial (gain) loss
84.87
341.76
8 Tta
307.14
522.66
50
Source: https://www.industrydocuments.ucsf.edu/docs/jybx0223

System prompt · identical for every setup

Answer the question using only the OCR text from a single document page. Return only the answer, with no explanation. Preserve the answer wording from the OCR text when possible.

Expected answer

8.20%

Ours

Exact match

8.20%

Aux 2015

Wrong

-INDIA LIMITED SCHEDULE 16 - NOTES TO THE ACCOUNTS (CONTD.) Ill. Defined benefit plans (based on actuarial valuation) Gratuity in accordance with Accounting Standard 15 (revised 2005), actuarial valuation was done in respect of

PiT-FT 2015

Wrong

Empty response.

ChronoGPT 2015

Wrong

ChronoGPT -INDIA LIMITED SCHEDULE 16 - Notes to the accounts (contd.) Ill. Defined benefit plans (based on actuarial valuation) Gratuity -INDIA LIMITED SCHEDULE 16 - Notes to the accounts (contd.)