XML 80 R57.htm IDEA: XBRL DOCUMENT v3.22.0.1
Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2021
Disclosure of intangible assets [text block] [Abstract]  
Schedule of indefinite life intangible assets
 

Orbital slots

 

Trade name

 

Intellectual
property

 

Total indefinite
life intangible
assets

Cost as at January 1, 2020

 

$

608,021

 

 

$

17,000

 

$

65,822

 

 

$

690,843

 

Additions

 

 

 

 

 

 

 

5

 

 

 

5

 

Disposals/retirements

 

 

 

 

 

 

 

(229

)

 

 

(229

)

Impact of foreign exchange

 

 

(808

)

 

 

 

 

(757

)

 

 

(1,565

)

Cost as at December 31, 2020 and January 1, 2021

 

 

607,213

 

 

 

17,000

 

 

64,841

 

 

 

689,054

 

Additions

 

 

 

 

 

 

 

 

 

 

 

Disposals/retirements

 

 

 

 

 

 

 

 

 

 

 

Impact of foreign exchange

 

 

(268

)

 

 

 

 

(449

)

 

 

(717

)

Cost as at December 31, 2021

 

$

606,945

 

 

$

17,000

 

$

64,392

 

 

$

688,337

 

Accumulated impairment as at January 1, 2020

 

$

(1,100

)

 

$

 

$

 

 

$

(1,100

)

Impairment

 

 

 

 

 

 

 

 

 

 

 

Accumulated impairment as at December 31, 2020 and January 1, 2021

 

 

(1,100

)

 

 

 

 

 

 

 

(1,100

)

Impairment

 

 

 

 

 

 

 

 

 

 

 

Accumulated impairment as at December 31, 2021

 

$

(1,100

)

 

$

 

$

 

 

$

(1,100

)

Net carrying values

 

 

 

 

 

 

   

 

 

 

 

 

 

 

As at December 31, 2020

 

$

606,113

 

 

$

17,000

 

$

64,841

 

 

$

687,954

 

As at December 31, 2021

 

$

605,845

 

 

$

17,000

 

$

64,392

 

 

$

687,237

 

Schedule of finite life intangible assets
 

Revenue
backlog

 

Customer
relationships

 

Customer
contracts

 

Transponder
rights

 

Concession
rights

 

Software

 

Other

 

Total
finite life
intangible
assets

Cost as at January 1, 2020

 

$

223,664

 

 

$

198,476

 

 

$

12,858

 

 

$

16,718

 

 

$

30,148

 

 

$

 

 

$

59

 

 

$

481,923

 

Additions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

24

 

 

 

 

 

 

 

 

 

24

 

Disposals/retirements

 

 

 

 

 

(3,943

)

 

 

(240

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(4,183

)

Impact of foreign exchange

 

 

 

 

 

12

 

 

 

 

 

 

 

 

 

(7,258

)

 

 

 

 

 

 

 

 

(7,246

)

Cost as at December 31, 2020 and January 1, 2021

 

 

223,664

 

 

 

194,545

 

 

 

12,618

 

 

 

16,718

 

 

 

22,914

 

 

 

 

 

 

59

 

 

 

470,518

 

Additions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

75

 

 

 

2,770

 

 

 

 

 

 

2,845

 

Disposals/retirements

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(411

)

 

 

 

 

 

 

 

 

(411

)

Impact of foreign exchange

 

 

 

 

 

(19

)

 

 

 

 

 

 

 

 

(1,501

)

 

 

 

 

 

 

 

 

(1,520

)

Cost as at December 31, 2021

 

$

223,664

 

 

$

194,526

 

 

$

12,618

 

 

$

16,718

 

 

$

21,077

 

 

$

2,770

 

 

$

59

 

 

$

471,432

 

Accumulated amortization and impairment as at January 1, 2020

 

$

(202,783

)

 

$

(137,917

)

 

$

(6,951

)

 

$

(12,944

)

 

$

(8,240

)

 

$

 

 

$

(40

)

 

$

(368,875

)

Amortization

 

 

(6,198

)

 

 

(6,847

)

 

 

(834

)

 

 

(1,078

)

 

 

(2,235

)

 

 

 

 

 

(3

)

 

 

(17,195

)

Disposals/retirements

 

 

 

 

 

3,943

 

 

 

240

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4,183

 

Impact of foreign exchange

 

 

 

 

 

(70

)

 

 

 

 

 

 

 

 

2,675

 

 

 

 

 

 

 

 

 

2,605

 

Accumulated amortization and impairment as at December 31, 2020 and January 1, 2021

 

 

(208,981

)

 

 

(140,891

)

 

 

(7,545

)

 

 

(14,022

)

 

 

(7,800

)

 

 

 

 

 

(43

)

 

 

(379,282

)

Amortization

 

 

(5,590

)

 

 

(6,894

)

 

 

(845

)

 

 

(1,078

)

 

 

(1,453

)

 

 

(277

)

 

 

(4

)

 

 

(16,141

)

Disposals/retirements

 

 

 

 

 

 

 

 

 

 

 

 

 

 

411

 

 

 

 

 

 

 

 

 

411

 

Impact of foreign exchange

 

 

 

 

 

13

 

 

 

 

 

 

 

 

 

408

 

 

 

 

 

 

 

 

 

 

421

 

Accumulated amortization and impairment as at December 31, 2021

 

$

(214,571

)

 

$

(147,772

)

 

$

(8,390

)

 

$

(15,100

)

 

$

(8,434

)

 

$

(277

)

 

$

(47

)

 

$

(394,591

)

Net carrying values

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As at December 31, 2020

 

$

14,683

 

 

$

53,654

 

 

$

5,073

 

 

$

2,696

 

 

$

15,114

 

 

$

 

 

$

16

 

 

$

91,236

 

As at December 31, 2021

 

$

9,093

 

 

$

46,754

 

 

$

4,228

 

 

$

1,618

 

 

$

12,643

 

 

$

2,493

 

 

$

12

 

 

$

76,841

 

Schedule of indefinite and finite life intangible assets
 

As at December 31, 2021

 

As at December 31, 2020

Cost

 

Accumulated
amortization
and
impairment

 

Net carrying
value

 

Cost

 

Accumulated
amortization
and
impairment

 

Net carrying
value

Indefinite life intangibles

 

$

688,337

 

$

(1,100

)

 

$

687,237

 

$

689,054

 

$

(1,100

)

 

$

687,954

Finite life intangibles

 

 

471,432

 

 

(394,591

)

 

 

76,841

 

 

470,518

 

 

(379,282

)

 

 

91,236

Total intangibles

 

$

1,159,769

 

$

(395,691

)

 

$

764,078

 

$

1,159,572

 

$

(380,382

)

 

$

779,190

Schedule of remaining useful lives of the intangible assets
 

Years

Revenue backlog

 

3

Customer relationships

 

5 to 7

Customer contracts

 

5

Transponder rights

 

1

Concession rights

 

1 to 15

Software

 

5

Patent

 

4

Schedule of discount rates
 

2021

 

2020

Geo royalties

 

7.5

%

 

8.0

%

Leo royalties

 

17.5

%

 

17.5

%

Schedule of growth rate assumptions
 

2021

 

2020

Geo

 

%

 

%

Leo

 

3.0

%

 

3.0

%