Lease liabilities

6 Months Ended

12 Months Ended

Apr. 30, 2022

Oct. 31, 2021

Statement [line items]

Lease liabilities

10. Lease liabilities

The Company has the following lease liabilities as of April 30, 2022.

Maturity analysis Undiscounted	Year 1 $		Year 2 $		Year 3 $		Year 4 $		Year 5 $		Thereafter $		Total $
Premises		6,746,030		5,411,060		4,600,714		4,378,830		4,157,619		21,426,607		46,720,860
Equipment		61,153		58,152		43,149		28,312		14,103		3,134		208,003
Total		6,807,183		5,469,212		4,643,863		4,407,142		4,171,722		21,429,741		46,928,863

Lease liabilities Discounted	Current $		Non-Current $		Total $
Premises		4,812,935		29,996,185		34,809,120
Equipment		46,005		122,567		168,572
Total		4,858,940		30,118,752		34,977,692

The Company has the following lease liabilities as of October 31, 2021.

Maturity analysis Undiscounted	Year 1 $		Year 2 $		Year 3 $		Year 4 $		Year 5 $		Thereafter $		Total $
Premises		4,468,877		4,590,357		3,741,940		3,332,312		3,290,786		16,302,071		35,726,343
Equipment		48,898		44,044		44,044		42,384		21,022		7,835		208,227
Total		4,517,775		4,634,401		3,785,984		3,374,696		3,311,808		16,309,906		35,934,570

Lease liabilities Discounted	Current $		Non-Current $		Total $
Premises		2,836,348		26,366,448		29,202,796
Equipment		32,447		129,626		162,073
Total		2,868,795		26,496,074		29,364,869

In the three and six months ended April 30, 2022, the Company recognized an interest expense of $458,907 and $897,433 related to lease liabilities, respectively (three and six months ended April 30, 2021: $62,205 and $125,006).

The Company’s lease obligations include leases for plant operations, storage facilities, and office space for employees. In the six months ended April 30, 2022, the Company has added 4 new premises leases and modified 2 leases.

15. Lease liabilities

The Company has the following lease liabilities as of October 31, 2021.

Maturity analysis	Year 1		Year 2		Year 3		Year 4		Year 5		Thereafter		Total
Undiscounted	$		$		$		$		$		$		$
Premises		4,468,877		4,590,357		3,741,940		3,332,312		3,290,786		16,302,071		35,726,343
Equipment		48,898		44,044		44,044		42,384		21,022		7,835		208,227
Total		4,517,775		4,634,401		3,785,984		3,374,696		3,311,808		16,309,906		35,934,570

Lease liabilities	Current		Non-Current		Total
Discounted	$		$		$
Premises		2,836,348		26,366,448		29,202,796
Equipment		32,447		129,626		162,073
Total		2,868,795		26,496,074		29,364,869

The Company has the following lease liabilities as of At October 31, 2020.

Maturity analysis	Year 1		Year 2		Year 3		Year 4		Year 5		Thereafter		Total
Undiscounted	$		$		$		$		$		$		$
Premises		769,865		650,087		549,908		565,742		462,851		1,410,237		4,408,690
Equipment		36,081		30,856		18,526		18,526		16,982		—		120,972
Total		805,946		680,943		568,434		584,268		479,833		1,410,237		4,529,662

Lease liabilities	Current		Non-Current		Total
Discounted	$		$		$
Premises		565,296		2,949,707		3,515,003
Equipment		26,059		72,108		98,167
Total		591,355		3,021,815		3,613,170

In the twelve months ended October 31, 2021, the Company recognized an interest expense of $449,571 related to lease liabilities.

The Company’s lease obligations include leases for plant operations, storage facilities, and office space for employees. In the twelve months ended October 31, 2021, the Company has added 4 new premises leases, 1 new equipment lease and modified 6 leases.