Other liabilities consist of the following: | | | | | | | | | | | | | As of December 31, 2024 | | As of June 30, 2025 | Accrued expenses | $ | 60,905 | | | $ | 90,932 | | Accrued employee cost | 2,854 | | | 2,738 | | Retirement benefits | 13,843 | | 18,172 | Compensated absences | 48,527 | | 54,496 | Derivative instruments (Note 6) | 21,273 | | 14,994 | Contract liabilities (Note 19) | 50,336 | | 53,074 | Finance leases liability | 8,811 | | 10,296 | Deferred compensation plan liability (Note 5) | 57,111 | | 64,595 | Others | 5,381 | | 6,006 | | $ | 269,041 | | | $ | 315,303 | |
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