MAXAR TECHNOLOGIES LTD.
Unaudited Condensed Consolidated Balance Sheets
(In millions of United States dollars, except per share amounts)
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June 30, |
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December 31, | ||
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2018 |
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2017 | ||
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Assets |
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Current assets: |
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Cash and cash equivalents |
$ |
13.3 |
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$ |
19.1 | |
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Trade and other receivables |
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328.8 |
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348.2 | |
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Financial assets, other |
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16.9 |
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16.3 | |
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Contract assets |
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197.4 |
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128.3 | |
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Inventories |
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95.3 |
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96.5 | |
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Non-financial assets |
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98.4 |
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125.2 | |
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Current tax assets |
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95.3 |
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71.7 | |
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Total current assets |
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845.4 |
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805.3 |
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Non-current assets: |
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Orbital receivables |
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430.9 |
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424.2 | |
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Financial assets, other |
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82.9 |
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95.2 | |
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Non-financial assets |
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54.8 |
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41.6 | |
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Deferred tax assets |
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147.2 |
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108.3 | |
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Property, plant and equipment |
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1,060.5 |
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1,054.9 | |
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Intangible assets |
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1,673.4 |
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1,753.4 | |
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Goodwill |
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2,368.8 |
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2,374.4 | |
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Total non-current assets |
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5,818.5 |
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5,852.0 |
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Total assets |
$ |
6,663.9 |
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$ |
6,657.3 |
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Liabilities and Shareholders' Equity |
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Current liabilities: |
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Trade and other payables |
$ |
236.6 |
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$ |
236.9 | |
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Current tax liabilities |
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29.4 |
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49.2 | |
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Financial liabilities, other |
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11.6 |
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18.9 | |
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Provisions and other non-financial liabilities |
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19.8 |
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11.3 | |
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Employee benefits |
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102.8 |
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123.9 | |
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Contract liabilities |
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390.9 |
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465.5 | |
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Securitization liability |
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15.4 |
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15.5 | |
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Current portion of long-term debt |
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18.1 |
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18.1 | |
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Total current liabilities |
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824.6 |
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939.3 |
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Non-current liabilities: |
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Financial liabilities, other |
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14.5 |
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13.8 | |
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Provisions |
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49.0 |
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159.3 | |
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Employee benefits |
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212.7 |
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217.6 | |
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Non-financial liabilities |
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41.8 |
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42.1 | |
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Contract liabilities |
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93.3 |
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134.3 | |
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Deferred tax liabilities |
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142.9 |
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103.6 | |
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Securitization liability |
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84.9 |
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90.8 | |
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Long-term debt |
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3,076.4 |
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2,942.9 | |
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Total non-current liabilities |
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3,715.5 |
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3,704.4 |
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Total liabilities |
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4,540.1 |
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4,643.7 |
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Shareholders' equity: |
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Share capital (no par value, unlimited common shares authorized; 58.6 million and 56.2 million common shares issued and outstanding, respectively) |
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1,670.1 |
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1,550.3 | |
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Contributed surplus |
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60.7 |
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50.6 | |
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Retained earnings |
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242.1 |
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261.8 | |
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Accumulated other comprehensive income |
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150.9 |
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150.9 | |
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Total shareholders' equity |
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2,123.8 |
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2,013.6 |
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Total liabilities and shareholders' equity |
$ |
6,663.9 |
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$ |
6,657.3 |
