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Ling Ltd operates a defined benefit pension scheme for all of its employees. The closing balances on the scheme assets and liabilities, at 31 December

Ling Ltd operates a defined benefit pension scheme for all of its employees. The closing balances on the scheme assets and liabilities, at 31 December 2020, were $100 million and $104 million respectively. Ling's actuary has provided the following information that has yet to be accounted for in the year-ended 31 December 2020. image text in transcribedCalculate the amounts that will appear in the financial statements of Finland for the year-ended 31 December 2020.

$m Current Senvice Cost 16 Past Service Cost 14 Contributions to the Plan 15 Benefits paid out 18 Fair value of plan assets 160 Fair value of benefit obligations 130

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