Retirement benefits obligations (Tables)
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12 Months Ended |
Dec. 31, 2025 |
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| Retirement benefits obligations |
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| Schedule of amounts recognized in balance sheet for employment benefit obligations |
| | | | | | | December 31, | | December 31, | | | 2025 | | 2024 | Defined benefit obligation | | (5,126,017) | | (2,108,384) | Fair value of plan assets | | 4,754,409 | | 1,944,133 | Shortfall on Funded status | | (371,608) | | (164,251) |
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| Schedule of amounts recognized in statement of profit or loss for employment benefit obligations |
The amounts recognized as continuing operations in the statement of comprehensive profit or loss are as follows: | | | | | | | | | 2025 | | 2024 | | 2023 | Current service cost | | (30,086) | | (20,383) | | (13,835) | Past service cost | | — | | 66,273 | | 1,348 | Interest cost | | (21,598) | | (23,182) | | (8,797) | Interest income | | 19,441 | | 22,717 | | 9,065 | Company pension gain / (cost) (note 19) | | (32,243) | | 45,425 | | (12,219) |
The amounts recognized as discontinued operations in the statement of comprehensive profit of loss under “net profit or loss from discontinued operations” are as follows: | | | | | | | | | 2025 | | 2024 | | 2023 | Current service cost | | — | | (59,730) | | (254,667) | Past service cost | | — | | 20,296 | | 25,551 | Interest cost | | — | | (34,030) | | (166,812) | Interest income | | — | | 30,971 | | 171,895 | Company pension amount (note 22) | | — | | (42,493) | | (224,032) |
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| Schedule of movement in defined benefit obligations and plan assets |
The movements in the defined benefit obligations during the year are as follows: | | | | | | | 2025 | | 2024 | Defined benefit obligation at beginning of year | | (2,108,384) | | (9,138,045) | Current service cost | | (30,086) | | (80,111) | Past service cost | | — | | 520,360 | Interest cost | | (21,598) | | (57,212) | Employee contributions | | (20,929) | | (70,748) | Actuarial (loss)/ gain arising from changes in financial assumptions | | 212,470 | | (176,520) | Actuarial gain on experience adjustment | | (459,035) | | (184,372) | Benefits (paid)/ deposited | | (2,698,455) | | 7,078,264 | Defined benefit obligations at end of year | | (5,126,017) | | (2,108,384) |
The movements in the fair value of plan assets during the year are as follows: | | | | | | | 2025 | | 2024 | Fair value of plan assets at beginning of year | | 1,944,133 | | 8,694,521 | Interest income | | 19,441 | | 53,688 | Employee contributions | | 20,929 | | 70,748 | Employer contributions | | 39,464 | | 92,285 | Plan assets loss | | 31,987 | | 111,155 | Benefits paid | | 2,698,455 | | (7,078,264) | Fair value of plan assets at end of year | | 4,754,409 | | 1,944,133 |
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| Schedule of fair value of plan assets |
| | | | | | December 31, | | | | 2024 | | Cash | | 1.81 | % | Bonds | | 42.94 | % | Equity instruments | | 19.34 | % | Real estate | | 24.29 | % | Mortgages | | 10.32 | % | Derivatives | | 1.30 | % | Total | | 100.00 | % |
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| Schedule of principal actuarial assumptions for employment benefit obligations |
| | | | | | | | December 31, 2025 | | December 31, 2024 | | Discount rate | | 1.30 | % | 1.00 | % | Mortality tables | | BVG2020 GT | | BVG2020 GT | | Salary growth rate | | 0.90 | % | 1.00 | % | Pension growth rate | | 0.00 | % | 0.00 | % |
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| Schedule of components of the costs recognized in other comprehensive income |
The following table shows the components of the costs recognized in other comprehensive income, related to continuing operations: | | | | | | | 2025 | | 2024 | Actuarial (loss)/ gain on defined benefit obligation | | (246,565) | | (224,221) | Actuarial loss on plan assets | | 31,988 | | 21,832 | Total | | (214,577) | | (202,389) |
The following table shows the components of the costs recognized in other comprehensive income, related to discontinued operations: | | | | | | | 2025 | | 2024 | Actuarial (loss)/ gain on defined benefit obligation | | — | | (136,671) | Actuarial loss on plan assets | | — | | 89,323 | Total | | — | | (47,348) |
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| Schedule of estimated benefit payments |
| | | 2026 | | 178,000 | 2027 | | 172,000 | 2028 | | 171,000 | 2029 | | 177,000 | 2030 | | 193,000 | 2031 - 2035 | | 2,304,000 |
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