Page 135 - annual_report_2024

CA Sri Lanka Integrated Annual Report 2024 133

14.3 Sensitivity analysis
The following table demonstrates the sensitivity to a reasonably possible change in the key assumptions used with all other variables
held constant in the retirement benefit obligation measurement.
As at 31 December 2024 2023
Increase / (decrease) of Increase / (decrease) of
defined benefit obligation defined benefit obligation
Assumption Rs. ‘000 Rs. ‘000
Sensitivity analysis to discount rate
1% increase in discount rate (1,195) (1,192)
1% decrease in discount rate 1,281 1,076
Sensitivity analysis to salary escalation rate
1% increase in salary escalation rate 1,365 1,158
1% decrease in salary escalation rate (1,294) (1,286)

14.4 Maturity Profile of the defined benefit obligation
Future working life time Defined benefit obligation
As at 31 December 2024 2023
Rs.’000 Rs.’000

Within next 12 months 5,916 5,245
Between 1 to 5 years 16,575 13,778
Between 5 to 10 years 9,188 7,908
Beyond 10 years 1,692 2,225
Total 33,371 29,156

Weighted Average duration of Defined Benefit Obligation is 4 years (2023 - 4 years).

15. LEASE LIABILITY
As at 31 December 2024 2023
Rs.’000 Rs.’000
Payable within one year 18,052 24,070
Payable after one year 17,756 35,808
Total 35,808 59,878

16. PAYABLES AND ADVANCES RECEIVED

As at 31 December 2024 2023
Rs.’000 Rs.’000
Accrued charges 100,201 94,938
Payables 41,350 50,662
Refundable deposits 50 50
Advances received 287,214 241,389
Total 428,815 387,039