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OTHER LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2017

OTHER LIABILITIES

Schedule of information related to other liabilities

			As at December 31, 2017			As at December 31, 2016

Long-term portion of finance lease obligations (note 13(a))		$	1,915		$	6,319

Pension benefit obligations			33,542			19,273

Other			4,872			8,603

Total other liabilities		$	40,329		$	34,195

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

			Year Ended December 31,

			2017			2016

Reconciliation of plan assets:

Plan assets, beginning of year		$	2,192		$	2,011

Agnico Eagle's contributions			303			327

Benefit payments			(90	)		(88	)

Administrative expenses			(106	)		(119	)

Interest on assets			87			86

Net return on assets excluding interest			(87	)		(86	)

Effect of exchange rate changes			158			61

Plan assets, end of year			2,457			2,192

Reconciliation of defined benefit obligation:

Defined benefit obligation, beginning of year			11,867			10,641

Current service cost			493			326

Past service cost			8,754			–

Benefit payments			(90	)		(88	)

Interest cost			544			456

Actuarial losses arising from changes in economic assumptions			1,035			400

Actuarial losses (gains) arising from experience			421			(185	)

Effect of exchange rate changes			1,219			317

Defined benefit obligation, end of year			24,243			11,867

Net defined benefit liability, end of year		$	21,786		$	9,675

Schedule of components of Agnico Eagle's pension expense recognized in net income

			Year Ended December 31,

			2017			2016

Current service cost		$	493		$	326

Past service cost			8,754			–

Administrative expenses			106			119

Interest cost on defined benefit obligation			544			456

Interest on assets			(87	)		(86	)

Pension expense		$	9,810		$	815

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

			Year Ended December 31,

			2017			2016

Actuarial losses relating to the defined benefit obligation		$	1,456		$	215

Net return on assets excluding interest			87			86

Total remeasurements of the net defined benefit liability		$	1,543		$	301

Schedule of weighted average assumptions used in Company's Executive Plan defined benefit obligations

		As at December 31,

		2017		2016

Assumptions:

Discount rate – beginning of year		3.8%		4.0%

Discount rate – end of year		3.3%		3.8%

Rate of compensation increase		3.0%		3.0%

Schedule of sensitivity analysis for significant actuarial assumptions

		As at December 31, 2017

Change in assumption:

0.5% increase in discount rate		(1,214	)

0.5% decrease in discount rate		1,324