| Pension and other employee obligations |
22. Pension and other employee obligations Defined benefit liabilities as of June 30, 2024 and December 31, 2023, are as follows:
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|
|
|
|
|
|
|
|
|
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|
(Unit: USD) |
|
|
|
|
|
|
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|
Present value of defined benefit obligations |
|
|
1,699,913 |
|
|
|
1,942,451 |
|
Fair value of plan assets |
|
|
(111,939 |
) |
|
|
(116,768 |
) |
|
|
|
|
|
|
|
|
|
Net defined benefit obligations |
|
|
1,587,974 |
|
|
|
1,825,683 |
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|
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|
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|
| The details of changes in the defined benefit obligation are as follows:
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|
(Unit: USD) |
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| |
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|
|
|
|
|
| Beginning |
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|
1,942,451 |
|
|
|
1,459,979 |
|
| Current service cost |
|
|
247,838 |
|
|
|
394,636 |
|
| Re-measurement element |
|
|
|
|
|
|
|
|
| - Actuarial gain due to changes in financial assumptions |
|
|
— |
|
|
|
279,938 |
|
| Payment made |
|
|
(370,975 |
) |
|
|
(157,519 |
) |
| Foreign currency translation differences for foreign operations |
|
|
(119,401 |
) |
|
|
(34,583 |
) |
|
|
|
|
|
|
|
|
|
| Ending |
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|
1,699,913 |
|
|
|
1,942,451 |
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|
|
|
|
|
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|
| The details of changes in the planned assets are as follows:
|
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|
|
|
|
|
|
|
|
|
|
|
|
(Unit: USD) |
|
| |
|
|
|
|
|
|
| Beginning |
|
|
116,768 |
|
|
|
118,121 |
|
| Re-measurement Element |
|
|
|
|
|
|
|
|
| - Gain from plan assets |
|
|
2,570 |
|
|
|
6,455 |
|
| - Actuarial gain due to changes in financial assumptions |
|
|
— |
|
|
|
(4,894 |
) |
| Foreign currency translation differences for foreign operations |
|
|
(7,399 |
) |
|
|
(2,914 |
) |
|
|
|
|
|
|
|
|
|
| Ending |
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|
111,939 |
|
|
|
116,768 |
|
|
|
|
|
|
|
|
|
| The details of the composition of planned assets are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Unit: USD) |
|
| |
|
|
|
|
|
|
| Deposit |
|
|
111,939 |
|
|
|
116,768 |
| The details of major actuarial assumptions are as follows:
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|
(Unit: USD) |
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| |
|
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|
| Expected salary increase rate |
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| Discount rate |
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|
22. Pension and other employee obligations Defined benefit liabilities as of December 31, 2023, and December 31, 2022, are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Unit: USD) |
|
|
|
|
|
|
|
|
Present value of defined benefit obligations |
|
|
1,942,451 |
|
|
|
1,459,979 |
|
Fair value of plan assets |
|
|
(116,768 |
) |
|
|
(118,121 |
) |
|
|
|
|
|
|
|
|
|
Net defined benefit obligations |
|
|
1,825,683 |
|
|
|
1,341,858 |
|
|
|
|
|
|
|
|
|
| The details of changes in the defined benefit obligation are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Unit: USD) |
|
|
|
|
|
|
|
|
Beginning |
|
|
1,459,979 |
|
|
|
1,174,807 |
|
Current service cost |
|
|
394,636 |
|
|
|
286,420 |
|
|
|
|
|
|
|
|
|
|
- Actuarial gain due to changes in financial assumptions |
|
|
279,938 |
|
|
|
360,625 |
|
Payment made |
|
|
(157,519 |
) |
|
|
(293,684 |
) |
Foreign currency translation differences for foreign operations |
|
|
(34,583 |
) |
|
|
(68,189 |
) |
|
|
|
|
|
|
|
|
|
Ending |
|
|
1,942,451 |
|
|
|
1,459,979 |
|
|
|
|
|
|
|
|
|
| The details of changes in the planned assets are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Unit: USD) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Beginning |
|
|
118,121 |
|
|
|
123,845 |
|
|
|
|
|
|
|
|
|
|
- Gain from plan assets |
|
|
6,455 |
|
|
|
3,287 |
|
- Actuarial gain due to changes in financial assumptions |
|
|
(4,894 |
) |
|
|
(1,919 |
) |
Foreign currency translation differences for foreign operations |
|
|
(2,914 |
) |
|
|
(7,092 |
) |
|
|
|
|
|
|
|
|
|
Ending |
|
|
116,768 |
|
|
|
118,121 |
| The details of the composition of planned assets are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Unit: USD) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Deposit |
|
|
116,768 |
|
|
|
118,121 |
|
The details of major actuarial assumptions are as follows:
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|
|
|
|
|
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| |
|
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|
|
(Unit: USD) |
|
|
|
|
|
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|
Expected salary increase rate |
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|
|
|
|
Discount rate |
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|