OTHER LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2021

OTHER LIABILITIES

Schedule of information related to other liabilities

	As at		As at
	December 31,		December 31,
	2021		2020
Pension benefit obligations	$	51,210	$	49,822
Other		19,051		13,514
Total other liabilities	$	70,261	$	63,336

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

	Year Ended December 31,
	2021		2020
Reconciliation of plan assets:
Plan assets, beginning of year	$	2,768	$	2,594
Employer contributions		3,584		2,800
Benefit payments		(3,325)		(2,570)
Administrative expenses		(130)		(115)
Interest on assets		72		77
Net return on assets excluding interest		(72)		(77)
Effect of exchange rate changes		8		59
Plan assets, end of year	$	2,905	$	2,768
Reconciliation of defined benefit obligation:
Defined benefit obligation, beginning of year	$	44,105	$	29,336
Current service cost		2,624		12,827
Past service cost		5,351		—
Benefit payments		(3,325)		(2,570)
Interest cost		1,240		809
Actuarial (gains) losses arising from changes in economic assumptions		(2,785)		1,861
Actuarial losses arising from changes in demographic assumptions		992		882
Actuarial gains arising from Plan experience		(2,842)		(321)
Effect of exchange rate changes		(516)		1,281
Defined benefit obligation, end of year		44,844		44,105
Net defined benefit liability, end of year	$	41,939	$	41,337

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

	Year Ended December 31,
	2021		2020
Current service cost	$	2,624	$	12,827
Past service cost		5,351		—
Administrative expenses		130		115
Interest cost on defined benefit obligation		1,240		809
Interest on assets		(72)		(77)
Pension expense	$	9,273	$	13,674

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

	Year Ended December 31,
	2021		2020
Actuarial (gains) losses relating to the defined benefit obligation	$	(4,634)	$	2,584
Net return on assets excluding interest		72		77
Total remeasurements of the net defined benefit liability	$	(4,562)	$	2,661

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

	As at December 31,		As at December 31,
	2021		2020
Assumptions:
Discount rate - beginning of year	2.5	%	3.0	%
Discount rate - end of year	3.0	%	2.5	%

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

	As at December 31,		As at December 31,
	2021		2020
Assumptions:
Discount rate - beginning of year	1.8	%	2.8	%
Discount rate - end of year	2.5	%	1.8	%
Range of mine closure dates	2026 - 2032		2026 - 2032
Termination of employment per annum	2.0% - 10.0	%	2.0% - 10.0	%

Schedule of significant assumptions used in measuring Company's defined benefit obligations for Mexico Plans

	As at December 31,		As at December 31,
	2021		2020
Assumptions:
Discount rate	7.5	%	5.5	%
Range of mine closure dates	2023 - 2027		2023 - 2026

Schedule of sensitivity analysis for significant actuarial assumptions

	As at
	December 31,
	2021
Change in assumption:
0.5% increase in discount rate	$	(1,703)
0.5% decrease in discount rate	$	1,839