Cullumber Corporation sponsors a defined benefit pension plan and reports under IFRS. On January 1,2023,...
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Cullumber Corporation sponsors a defined benefit pension plan and reports under IFRS. On January the company reported plan assets of $ and a defined benefit obligation of $all amounts in thousands of dollars During the current service cost was determined to be $ the discount rate on the DBO and plan assets was and the actual return on the plan assets year was $ Cullumber made contributions of $ into the plan at the end of the year and the benefits paid amounted The plan was amended effective December with the cost of the past service benefits granted being $ Determine the deficit of the pension plan at January and calculate its December deficit balance directly, by identifying which pension events increased the deficit, which decreased it and which had no effect. Enter answer in thousands of dollars. Round answer to decimal places, eg
Cullumber Corporation sponsors a defined benefit pension plan and reports under IFRS. On January the company reported
plan assets of $ and a defined benefit obligation of $all amounts in thousands of dollars During the current service
cost was determined to be $ the discount rate on the DBO and plan assets was and the actual return on the plan assets
year was $ Cullumber made contributions of $ into the plan at the end of the year and the benefits paid amounted
The plan was amended effective December with the cost of the past service benefits granted being $
Determine the deficit of the pension plan at January and calculate its December deficit balance directly, by
identifying which pension events increased the deficit, which decreased it and which had no effect. Enter answer in thousands of
dollars. Round answer to decimal places, eg
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