Diagon Alley plc provides its employees benefits under a defined benefit plan. The amounts recognised in respect of that plan in Diagon Alleys financial statements at 31 December 2016 and 31 December 2017 and their reconciliation are set out below. Ignore taxes and assume that there are no other transactions than those described in the following table. Discount rates are 10% and 12% at 31 December 2016 and at 31 December 2017, respectively.

Calculate the total effect of defined benefit obligation and plan assets on (i) profit or loss and on (ii) other comprehensive income, respectively, for the year 2017, according to IAS 19 Employee benefits. Ignore taxes.

Fair value of plan assets Defined benefit obligation (2000) 2600 Opening balances determined at 31 Dec 2016 Service cost (100) Net interest cost 4 1 Total amounts before the remeasurements (2300) 2 Remeasurements (100) 3 Closing balance determined at 31 December 2017 (2400) 3000