The following table shows reconciliation from the opening balances to the closing balances for net defined benefit liability and its components.
| $ in thousands | ||||
|
As of January 1, 2015 |
(483 | ) | ||
|
|
|
|||
|
Current service cost |
(54 | ) | ||
|
Interest cost |
(7 | ) | ||
|
Actuarial gains and losses |
(16 | ) | ||
|
Reclassification/CTA |
83 | |||
|
As of December 31, 2015 |
(477 | ) | ||
|
|
|
|||
|
Current service cost |
(65 | ) | ||
|
Interest cost |
(9 | ) | ||
|
Actuarial gains and losses |
(31 | ) | ||
|
Reclassification/CTA |
20 | |||
|
As of December 31, 2016 |
(562 | ) | ||
|
|
|
|||
|
Current service cost |
(925 | ) | ||
|
Interest cost |
(24 | ) | ||
|
Actuarial gains and losses |
(515 | ) | ||
|
Reclassification/CTA |
(168 | ) | ||
|
As of December 31, 2017 |
(2,194 | ) | ||
|
|
|
|||