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96 GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIES ANNUAL REPORT 2022GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIESNOTES TO THE CONSOLIDATED FINANCIAL STATEMENTSFOR THE YEAR ENDED 31 DECEMBER 2022(Expressed in Thousands of Trinidad and Tobago Dollars, except where otherwise stated)(Continued)8. Employee benefits (continued)2021 changes in the defined benefit obligation and fair value of plan assets:Defined benefit obligationFair value of plan assetsNet benefit assetEmployee benefit obligation$ $ $ $Balance at 1 January 2021 127,324 (219,691) (92,367) 5,947Pension cost chargedto profit or lossCurrent service cost 3,265 %u2013 3,265 166Administrative expenses %u2013 244 244 %u2013Net interest 6,361 (10,928) (4,567) 292Sub-total included inprofit or loss 9,626 (10,684) (1,058) 458Re%u2013measurement (gains)/losses in OCIExperience adjustments (4,068) (12,898) (16,966) (272)Transfers 496 (496) %u2013 7Sub-total included in OCI (3,572) (13,394) (16,966) (265)Other movementsContributions by employee 1,236 (1,236) %u2013 %u2013Contributions by employer %u2013 (1,236) (1,236) %u2013Benefits paid (5,721) 5,721 %u2013 (377)Sub-total %u2013 other movements (4,485) 3,249 (1,236) (377)Balance at 31 December 2021 128,893 (240,520) (111,627) 5,763