EX-99.5 6 o60848exv99w5.htm EX-99.5 exv99w5
EXHIBIT 99.5
Contractual Cash Obligations
                                         
            Due in            
            Less Than   Due in   Due in    
As at December 31, 2009           1   1 — 3   4 — 5   Due After
(Cdn$ millions)   Total   Year   Years   Years   5 Yrs
Long-term debt
    794                         794  
BPLP capital lease 1
    170       12       28       34       96  
Interest on long-term debt
    358       42       85       85       146  
Interest on BPLP capital lease 1
    67       12       22       17       16  
Provision for reclamation
    495       14       16       16       449  
Other liabilities
    249             1             248  
Unconditional purchase commitments 1, 2
    879       140       334       370       35  
 
                                       
Total contractual cash obligations
    3,012       220       486       522       1,784  
 
                                       
 
1   Denominated in US dollars, converted to Canadian dollars at the December 31, 2009 rate of Cdn$1.0466.
 
2   Virtually all of Cameco Corporation’s purchase commitments are under long-term, fixed-price arrangements.
Commercial Commitments
         
As at December 31, 2009    
(Cdn$ millions)   Total amounts committed
Standby letters of credit 1
    592  
BPLP guarantees 2
    87  
 
       
Total commercial commitments
    679  
 
       
 
1   The standby letters of credit maturing in 2010 were issued with a one-year term and will be automatically renewed on a year-by-year basis until the underlying obligations are resolved. These obligations are primarily the decommissioning and reclamation of Cameco Corporation’s mining and conversion facilities. As such, the letters of credit are expected to remain outstanding well into the future.
 
2   At December 31, 2009, Cameco Corporation’s total commitment for financial assurances given on behalf of BPLP was estimated to be Cdn$87 million. Refer to note 26 in the 2009 consolidated audited financial statements.