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As at 31 December 2016, the weighted average duration of the liabilities for long-term employee benefit was 17 years (Separate financial statements: 17 years) (2015: 18 years, separate financial statements: 18 years).
Significant actuarial assumptions are summarised below:
Discount rate 4% Salary increase rate 5%
The result of sensitivity analysis for significant assumptionsthat affect the increasing (decreasing) in present value of the long-term employee benefit obligation as at 31 December 2016 and 2015 are summarised below:
(Unit: Million Baht)
Discount rate
Increase 50 basis point (1) Decrease 50 basis point 1
Salary increase rate
Increase 100 basis point 2 Decrease 100 basis point (3)
2016
2016
2015
2015
(% per annum)
(% per annum)
(% per annum)
(% per annum)
3.5% 5%
Consolidated
Consolidated
financial statements
financial statements
Separate
Separate
financial statements
financial statements
22016
(3) 3
7 (6)
2015
2016
(3) 1
4 (5)
(1) 2
3 (3)
2015
Annual Report 2016
Mono Technology Public Company Limited 169
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