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Retirement benefits (Details) - EUR (€) € in Millions | 12 Months Ended
--- | ---
Mar. 31, 2021 | Mar. 31, 2020 | Mar. 31, 2019
Retirement benefits |  |  |
Pension cost of defined-contribution plans | € 5.0 | € 13.0 | € 9.0
Net pension liability | 3.9 | 3.9 | 4.1
The amounts recognized in the consolidated balance sheet in respect of defined benefit plans |  |  |
Present value of benefit obligations | (14.9) | (14.9) | (15.0)
Fair value of plan assets | 10.4 | 10.4 | 10.3
Present value of net obligations | (4.5) | (4.5) | (4.7)
Related deferred tax asset | 0.6 | 0.6 | 0.6
Net pension liability | € (3.9) | € (3.9) | € (4.1)

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- Definition The present value, without deducting any plan assets, of expected future payments required to settle the obligation resulting from employee service in the current and prior periods. [Refer: Plan assets, at fair value] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 19 -IssueDate 2020-01-01 -Paragraph 57 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=19&code=ifrs-tx-2020-en-r&anchor=para_57_a&doctype=Standard -URIDate 2020-01-01 + Details
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- References No definition available. + Details
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- Definition The fair value of defined benefit plan assets. Plan assets comprise assets held by a long-term employee benefit fund and qualifying insurance policies. [Refer: At fair value [member]] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 19 -IssueDate 2020-01-01 -Paragraph 57 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=19&code=ifrs-tx-2020-en-r&anchor=para_57_a&doctype=Standard -URIDate 2020-01-01 + Details
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- Definition The amount of post-employment benefit expense relating to defined contribution plans. Defined contribution plans are post-employment benefit plans under which an entity pays fixed contributions into a separate entity (a fund) and will have no legal or constructive obligation to pay further contributions if the fund does not hold sufficient assets to pay all employee benefits relating to employee service in the current and prior periods. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 19 -IssueDate 2020-01-01 -Paragraph 53 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=19&code=ifrs-tx-2020-en-r&anchor=para_53&doctype=Standard -URIDate 2020-01-01 + Details
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- Definition The amount of deficit in a defined benefit plan. [Refer: Defined benefit plans [member]] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2020-01-01 -Paragraph 55 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2020-en-r&anchor=para_55&doctype=Standard -URIDate 2020-01-01 + Details
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- Definition The fair value of any plan assets, less the present value of the defined benefit obligation. [Refer: Plan assets [member]] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 19 -IssueDate 2020-01-01 -Paragraph 57 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=19&code=ifrs-tx-2020-en-r&anchor=para_57_a&doctype=Standard -URIDate 2020-01-01 + Details
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- Definition The amount of deferred tax asset on defined benefit plan. + References No definition available. + Details
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