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Consolidated Balance Sheets - CAD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 7,587 $ 744
Current income taxes receivable 267 94
Trade and settlement receivables 1,661 2,096
Inventories 2,598 2,946
Prepaids and other current assets 461 585
Total current assets 12,574 6,465
Financial assets 764 672
Investment in joint venture (Note 16) 1,223 1,116
Property, plant and equipment (Note 17) 30,568 45,565
Intangible assets (Note 18) 196 345
Deferred income tax assets (Note 25(b)) 572 65
Goodwill (Note 19) 442 1,108
Other assets (Note 20) 698 857
Total assets 47,037 56,193
Current liabilities    
Trade accounts payable and other liabilities (Note 21) 2,735 3,654
Current portion of debt (Note 22) 423 515
Current portion of lease liabilities (Note 23(c)) 175 195
Current income taxes payable 850 1,181
Current portion of provisions 187 347
Total current liabilities 4,370 5,892
Debt (Note 22) 4,108 6,019
Lease liabilities (Note 23(c)) 776 866
QB advances from SMM/SC (Note 24) 4,483 3,497
Deferred income tax liabilities (Note 25(b)) 2,293 6,188
Retirement benefit liabilities (Note 26(a)) 373 445
Provisions (Note 27) 2,439 3,851
Other liabilities (Note 28) 1,099 1,143
Total liabilities 19,941 27,901
Equity    
Attributable to shareholders of the company 26,077 26,988
Attributable to non-controlling interests (Note 30) 1,019 1,304
Total equity 27,096 28,292
Total equity and liabilities $ 47,037 $ 56,193