Question no. 1 a. What is the funded status of the U.S. Plan in 2016. How does this fact affect international Papers 2016 balance sheet? b. What average interest rate did international Paper use to calculate interest cost on its us pension plan during 20167 C. How much did international Paper contribute to both of its pension plans during 20167 How does that compare to the contribution in 2015 d. What amount of pension benefits were paid to former employees for all plans during 20167 e. Why do the benefits paid affect both the pension obligation and the pension assets? 1. What is the amount of net change in actuarial gainstosses occurred during the year 2016 for the us planWhat is the process of amortisation of Internal Paper ince disclosed the following pension Information in its 2016 annual report 2016 2015 US US Plans US Plans Change in projected benefit obligation Benet obligation, January 1 $ 14,438 $ 204 5 14.741 $ 233 Service cost 158 161 6 Interest cost 580 9 597 10 Settlements (1.222) (2) (12) Actuarial loss (gain) 495 35 1254) Acquisitions 1 - Plan amendments (11 - Benefits 07671 193 8 9 Elect of foreign currency exchange rate movements Benefit obligation, December 31 $13.683 $ 219 $ 14438 $ 204 Clure in plan assets Fale value of plan assets January 1 Actus return on plan assets $10.923 $ 155 $10.913 $180 607 17 4 Company contributions 771 8 813 9 Benefits pald (767) 19) (764) E Settlements (1.222) (2) (43) 112 Effect of foreign currency exchange rate movements (16) 1191 Fair value of plan assets, December 31 $10.312 $ 153 $ 10.923 5155 Funded status. December 31 $ (3,371) $ (66) 5 3.515) 5 (49) Question no. 1 a. What is the funded status of the U.S. Plan in 2016. How does this fact affect international Papers 2016 balance sheet? b. What average interest rate did international Paper use to calculate interest cost on its us pension plan during 20167 C. How much did international Paper contribute to both of its pension plans during 20167 How does that compare to the contribution in 2015 d. What amount of pension benefits were paid to former employees for all plans during 20167 e. Why do the benefits paid affect both the pension obligation and the pension assets? 1. What is the amount of net change in actuarial gainstosses occurred during the year 2016 for the us planWhat is the process of amortisation of Internal Paper ince disclosed the following pension Information in its 2016 annual report 2016 2015 US US Plans US Plans Change in projected benefit obligation Benet obligation, January 1 $ 14,438 $ 204 5 14.741 $ 233 Service cost 158 161 6 Interest cost 580 9 597 10 Settlements (1.222) (2) (12) Actuarial loss (gain) 495 35 1254) Acquisitions 1 - Plan amendments (11 - Benefits 07671 193 8 9 Elect of foreign currency exchange rate movements Benefit obligation, December 31 $13.683 $ 219 $ 14438 $ 204 Clure in plan assets Fale value of plan assets January 1 Actus return on plan assets $10.923 $ 155 $10.913 $180 607 17 4 Company contributions 771 8 813 9 Benefits pald (767) 19) (764) E Settlements (1.222) (2) (43) 112 Effect of foreign currency exchange rate movements (16) 1191 Fair value of plan assets, December 31 $10.312 $ 153 $ 10.923 5155 Funded status. December 31 $ (3,371) $ (66) 5 3.515) 5 (49)
