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Supplemental Cash Flow Information (Tables)
12 Months Ended
Dec. 31, 2024
Supplemental Cash Flow Information [Abstract]  
Schedule of Cash and Cash Equivalents

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.

Schedule of Income Taxes Paid, Net of Income Taxes Received

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

)

Schedule of Interest Paid, Net of interest Received

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

)

Schedule of Reconciliation of Liabilities arising from Financing Activities

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

 

Schedule of Net Change in Operating Assets and Liabilities

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

)

Schedule of Non-Cash Investing Activities

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

 

$