Annual Report 2019

203 Transport International Holdings Limited 2019 Annual Report Notes to the Financial Statements 19 Employee retirement benefits (continued) (d) Movements in plan assets: 2019 2018 $’ 000 $’ 000 At 1 January 2,907,779 3,544,072 Administrative expenses paid (3,582) (592) Benefits paid by the plans (282,844) (330,873) Interest income 54,849 60,118 Return/(loss) on plan assets, excluding interest income 462,362 (364,946) At 31 December 3,138,564 2,907,779 (e) Amounts recognised in the consolidated statement of profit or loss and other comprehensive income are as follows: 2019 2018 $’ 000 $’ 000 Current service cost 70,497 81,290 Net income on net defined benefit asset (17,504) (22,173) Administrative expenses paid 3,582 592 Total amounts recognised in profit or loss 56,575 59,709 Actuarial losses/(gains) 9,579 (48,641) (Return)/loss on plan assets, excluding interest income (462,362) 364,946 Amounts recognised in other comprehensive income (452,783) 316,305 Total defined benefit (income)/costs (396,208) 376,014