On January 1, 2020, Ivanhoe Corporation had plan assets of $258,000 and a defined benefit obligation of the same amount based on projected costs. During 2020, the current service cost was $27,700, the discount rate on the DBO and plan assets was 10%, actual return on plan assets was $31,300, contributions by Ivanhoe were $20,200, benefits paid were $17,500, and the cost of past service benefits granted effective December 31, 2020, was $29,000.

pension worksheet for Ivanhoe Corporation for 2020 assuming that Ivanhoe follows IFRS.