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Employee benefits (Tables)
12 Months Ended
Dec. 31, 2021
Text block [abstract]  
Summary of Employee Benefits Provisions

31 December

31 December

    

2021

    

2020

Retirement pay liability provision

 

514,118

 

301,459

Unused vacation provision

 

100,495

 

80,464

614,613

 

381,923

Summary of Movement in Provision for Employee Termination Benefits

Movements in provision for employee termination benefits are as follows:

    

2021

    

2020

1 January

 

301,459

 

222,164

Service cost

 

62,749

 

38,304

Remeasurements

 

163,588

 

37,230

Interest expense

 

37,383

 

25,535

Benefit payments

 

(51,138)

 

(21,774)

Acquisition through business combinations

77

31 December

 

514,118

 

301,459

Summary of Sensitivity of Provision for Employee Termination Benefits to Changes in the Significant Actuarial Assumptions

The sensitivity of provision for employee termination benefits to changes in the significant actuarial assumptions is:

31 December 2021

Interest Rate

Inflation Rate

Sensitivity Level

    

1% increase

    

1% decrease

    

1% increase

    

1% decrease

Change in assumption

 

(13.4)

%

16.3

%

16.5

%

(13.8)

%

Impact on provision for employee termination benefits

 

(68,892)

83,801

84,829

(70,948)

31 December 2020

Interest Rate

Inflation Rate

Sensitivity Level

    

1% increase

    

1% decrease

    

1% increase

    

1% decrease

Change in assumption

 

(14.1)

%

17.3

%  

17.6

%  

(14.6)

%

Impact on provision for employee termination benefits

 

(42,566)

 

52,122

 

53,117

 

(43,953)