The sensitivity analysis below has been determined based on reasonably possible changes in the assumptions, in isolation from one another, occurring at the end of the reporting period. This analysis may not be representative of the actual change in the defined benefit obligation as it is unlikely that the change in the assumptions would occur in isolation from one another as some of the assumptions may be correlated. An increase or decrease of 1% in the discount rate or an increase or decrease of one year in mortality rate would result in the following increase (decrease) in the defined benefit obligation:
|
| | | | | |
| 12/31/2017 | | 12/31/2016 |
| $ | | $ |
Discount rate | | | |
Increase of 1% | (10,988 | ) | | (10,085 | ) |
Decrease of 1% | 13,666 |
| | 12,535 |
|
Mortality rate | | | |
Life expectancy increased by one year | 2,856 |
| | 2,672 |
|
Life expectancy decreased by one year | (2,892 | ) | | (2,688 | ) |
