Supplemental Cash Flow Information

12 Months Ended

Dec. 31, 2024

Supplemental Cash Flow Information [Abstract]

SUPPLEMENTAL CASH FLOW INFORMATION

33. SUPPLEMENTAL CASH FLOW INFORMATION

Cash and cash equivalents were comprised of the following:

As at December 31,	2024		2023		2022
Cash	$	538,792	$	1,423,902	$	1,669,257
Short-term investments(1)		13,272		245,187		8,535
Cash and cash equivalents	$	552,064	$	1,669,089	$	1,677,792

(1)      Consisted of short-term investments with an original maturity of three months or less or which are available on demand with no penalty for early redemption.

Income taxes paid, net of income taxes received was comprised of the following:

For the years ended December 31,	2024			2023			2022
Income taxes paid	$	(68,612	)	$	(67,342	)	$	(98,787	)
Income taxes received		8,102			501			644
	$	(60,510	)	$	(66,841	)	$	(98,143	)

Interest paid, net of interest received was comprised of the following:

For the years ended December 31,	2024			2023			2022
Interest paid	$	(231,316	)	$	(271,925	)	$	(184,776	)
Interest received		69,721			62,664			21,663
	$	(161,595	)	$	(209,261	)	$	(163,113	)

The reconciliation of the liabilities arising from financing activities were as follows:

	Indebtedness			Satellite performance incentive payments			Lease liabilities
Balance as at January 1, 2024	$	3,197,019		$	18,271		$	33,339
Cash outflows		(155,903	)		(4,572	)		(2,422	)
Amortization of deferred financing costs, prepayment options and loss on repayment		1,105			—			—
Gain on repurchase of debt		(202,493	)		—			—
Non-cash additions		—			—			2,103
Interest paid		—			—			(1,518	)
Interest accrued		—			—			1,518
Non-cash disposals		—			—			(324	)
Impact of foreign exchange		256,887			1,361			679
Balance as at December 31, 2024	$	3,096,615		$	15,060		$	33,375

	Indebtedness			Satellite performance incentive payments			Lease liabilities
Balance as at January 1, 2023	$	3,850,081		$	25,124		$	34,106
Cash outflows		(344,014	)		(6,385	)		(2,171	)
Amortization of deferred financing costs, prepayment options and loss on repayment		1,028			—			—
Gain on repurchase of debt		(230,080	)		—			—
Non-cash additions		—			—			1,473
Interest paid		—			—			(1,523	)
Interest accrued		—			—			1,523
Impact of foreign exchange		(79,996	)		(468	)		(69	)
Balance as at December 31, 2023	$	3,197,019		$	18,271		$	33,339

	Indebtedness			Satellite performance incentive payments			Lease liabilities
Balance as at January 1, 2022	$	3,792,597		$	30,344		$	35,678
Cash outflows		(97,234	)		(6,667	)		(2,498	)
Amortization of deferred financing costs, prepayment options and loss on repayment		842			—			—
Gain on repurchase of debt		(106,916	)		—			—
Non-cash additions		—			—			376

	Indebtedness		Satellite performance incentive payments		Lease liabilities
Interest paid		—		—		(1,611	)
Interest accrued		—		—		1,611
Non-cash disposals		—		—		(558	)
Impact of foreign exchange		260,792		1,447		1,108
Balance as at December 31, 2022	$	3,850,081	$	25,124	$	34,106

The net change in operating assets and liabilities was comprised of the following:

For the years ended December 31,	2024			2023			2022
Trade and other receivables	$	(13,800	)	$	(24,431	)	$	2,298
Financial assets		(2,634	)		3,437			4,946
Other assets		(38,952	)		(7,322	)		(6,395	)
Trade and other payables		18,278			(4,085	)		(7,068	)
Financial liabilities		(454	)		(639	)		(2,028	)
Other liabilities		(7,558	)		(6,172	)		1,503
	$	(45,120	)	$	(39,212	)	$	(6,744	)

Non-cash investing activities were comprised of:

For the years ended December 31,	2024		2023		2022
Satellite, property and other equipment	$	109,960	$	8,847	$	4,140
Intangible assets	$	—	$	3,204	$	—