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Oriole Corp. reports the following information (in hundreds of thousands of dollars) to you about its defined benefit pension plan for 2020: Actual return on
Oriole Corp. reports the following information (in hundreds of thousands of dollars) to you about its defined benefit pension plan for 2020:
Actual return on plan assets | $10 | Current service cost | $20 | |||
Benefits paid to retirees | 9 | Interest cost | 9 | |||
Contributions from employer | 20 | Opening balance, defined benefit obligation (DBO) | 94 | |||
Cost of plan amendment in year | 16 | Opening balance, plan assets | 103 |
Provide a continuity schedule for the DBO for the year. Oriole follows IFRS.
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