OTHER LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2019

OTHER LIABILITIES

Schedule of information related to other liabilities

	As at		As at
	December 31,		December 31,
	2019		2018
Pension benefit obligations	$	40,490	$	32,881
Other		20,512		9,738
Total other liabilities	$	61,002	$	42,619

Schedule of funded status of the Company's defined benefit obligations

	Year Ended December 31,
	2019		2018
Reconciliation of plan assets:
Plan assets, beginning of year	$	2,363	$	2,457
Employer contributions		862		1,037
Benefit payments		(643)		(819)
Administrative expenses		(109)		(109)
Interest on assets		93		79
Net return on assets excluding interest		(93)		(79)
Effect of exchange rate changes		121		(203)
Plan assets, end of year	$	2,594	$	2,363
Reconciliation of defined benefit obligation:
Defined benefit obligation, beginning of year	$	23,032		24,243
Current service cost		1,020		975
Benefit payments		(672)		(819)
Interest cost		889		758
Actuarial losses (gains) arising from changes in economic assumptions		1,989		(1,188)
Actuarial losses arising from changes in demographic assumptions		2,033		1,277
Actuarial gains arising from Plan experience		(251)		(226)
Effect of exchange rate changes		1,296		(1,988)
Defined benefit obligation, end of year		29,336		23,032
Net defined benefit liability, end of year	$	26,742	$	20,669

Schedule of components of Agnico Eagle's pension expense recognized in the consolidated statements of net income (loss)

	Year Ended December 31,
	2019		2018
Current service cost	$	1,020	$	975
Administrative expenses		109		109
Interest cost on defined benefit obligation		889		758
Interest on assets		(93)		(79)
Pension expense	$	1,925	$	1,763

Schedule of remeasurement of net defined benefit liability recognized in other comprehensive income (loss)

	Year Ended December 31,
	2019		2018
Actuarial losses (gains)  relating to the defined benefit obligation	$	3,771	$	(137)
Net return on assets excluding interest		93		79
Total remeasurements of the net defined benefit liability	$	3,864	$	(58)

Schedule of significant assumptions used in measuring Executive Plan defined benefit obligations

	As at December 31,
	2019		2018
Assumptions:
Discount rate - beginning of year	3.8	%	3.3	%
Discount rate - end of year	3.0	%	3.8	%

Schedule of significant assumptions used in measuring Company Retirement Program defined benefit obligations

	As at December 31,
	2019		2018
Assumptions:
Discount rate - beginning of year	3.5	%	3.0	%
Discount rate - end of year	2.8	%	3.5	%
Range of mine closure dates	2026 - 2032		2019 - 2032
Termination of employment per annum	0.50% - 3.25	%	0.53% - 2.58	%

Schedule of sensitivity analysis for significant actuarial assumptions

	As at
		December 31,
		2019
Change in assumption:
0.5% increase in discount rate	$	(1,352)
0.5% decrease in discount rate	$	1,470