Acquisitions (Tables)

12 Months Ended

Dec. 31, 2023

The following table summarizes the recognized amounts of assets acquired and liabilities assumed at the date of acquisition.


As at						February 28, 2023
100 Percent of the Identifiable Assets Acquired and Liabilities Assumed
Cash						69
Accounts Receivable and Accrued Revenues						3
Inventories						387
Property, Plant and Equipment						770
Right-of-Use Assets						33
Other Assets						10
Accounts Payable and Accrued Liabilities						(139)

Lease Liabilities						(33)
Decommissioning Liabilities						(5)
Other Liabilities						(73)
Total Identifiable Net Assets						1,022


As at						February 28, 2023
Total Purchase Consideration						514
Fair Value of Pre-Existing 50 Percent Ownership Interest in Toledo						508
Fair Value of Identifiable Net Assets						(1,022)
Goodwill						—

The following table summarizes the fair value of total consideration:


As at			August 31, 2022
Cash, Net of Closing Adjustments			394
Bay Du Nord			40
Variable Payment			600
Total Consideration			1,034


As at			August 31, 2022
100 Percent of the Identifiable Assets Acquired and Liabilities Assumed
Cash			9
Accounts Receivable and Accrued Revenues			164
Inventories			88
Property, Plant and Equipment			3,218
Accounts Payable and Accrued Liabilities			(313)
Income Tax Payable			(39)
Decommissioning Liabilities			(48)
Deferred Income Tax Liabilities			(486)
Total Identifiable Net Assets			2,593


As at						August 31, 2022
Total Purchase Consideration						1,034
Fair Value of Pre-Existing 50 Percent Ownership Interest in SOSP						1,559
Fair Value of Identifiable Net Assets						(2,593)
Goodwill						—