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Leases (Tables)
12 Months Ended
Dec. 31, 2019
Leases  
Summary of future commitments associated with lease obligations

Vermilion had the following future commitments associated with its lease obligations:

 

 

 

 

 

 

 

 

As at

 

 ($M)

    

Dec 31,  2019

    

Dec 31,  2018

 

 Less than 1 year

 

29,217

 

30,641

 

 1 - 3 years

 

46,501

 

50,024

 

 3 - 5 years

 

38,177

 

34,313

 

 After 5 years

 

26,168

 

42,739

 

 Total lease payments

 

140,063

 

157,717

 

 Amounts representing interest

 

(23,309)

 

(24,583)

 

 Present value of net lease payments

 

116,754

 

133,134

 

 Current portion of lease obligations

 

(23,682)

 

(24,945)

 

 Non-current portion of lease obligations

 

93,072

 

108,189

 

 

 

 

 

 

 

Total cash outflow

 

33,276

 

27,468

 

Interest on lease liabilities

 

6,984

 

7,185