0 0 0 0 0 As at the end of the financial year 33.6 12.4 25.9 70.6 26.6 169.1 2022 As at the beginning of the financial year 24.3 42.2 75.5 0 5.0 147.0 Provisions/(Reversal) during the financial year 4.7 4.1 (41.5) 0 21.6 (11.1) Utilised during the financial year 0 (34.1) 0 0 0 (34.1) As at the end of the financial year 29.0 12.2 34.0 0 26.6 101.8 * Central Excise and Service Tax ('CESS') Fund is relating to contribution for Electricity Supplies Industry Trust Account (‘AAIBE’). NOTES TO THE FINANCIAL STATEMENTS 31 December 2023 FINANCIAL STATEMENTS Sec 5 259 24 EMPLOYEE BENEFITS Accounting Policy The Group and the Company have various post-employment benefit schemes which are either defined contribution or defined benefit plans. A defined contributionplan is a pension plan under which the Group and the Company pay fixed contributions into a separate entity (a fund) on a mandatory, contractual or voluntary basis and the Group and the Company have no legal or constructive obligations to pay further contributions if the fund does not hold sufficient assets to pay all employees benefits relating to employee services in the current and prior periods. Defined contribution plans The Group’s and the Company’s contributions to the defined contribution plans are charged to the statement of profit or loss in the financial year to which they relate. Once the contributions have been paid, the Group and the Company have no further payment obligations. Defined benefit plans The Group and the Company make contributions to the Group and Company’s Retirement Benefit Plan, a defined benefit plan and an approved fund independent of the Group and Company’s finances. A book provision is also provided by the Group and the Company as the contribution rate required to fund the benefits under the said plan is in excess of the Inland Revenue maximum limit. The Group and the Company also provided for a Post-Retirement Medical Plan for certain employees, which is unfunded. The liability in respect of a defined benefit plan is the present