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 | ||
Assets |
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Current assets: |
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Cash and cash equivalents |
$ |
13.3 |
|
$ |
19.1 | |
|
Trade and other receivables |
|
328.8 |
|
|
348.2 | |
|
Financial assets, other |
|
16.9 |
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|
16.3 | |
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Contract assets |
|
197.4 |
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|
128.3 | |
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Inventories |
|
95.3 |
|
|
96.5 | |
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Non-financial assets |
|
98.4 |
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|
125.2 | |
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Current tax assets |
|
95.3 |
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|
71.7 | |
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Total current assets |
|
845.4 |
|
|
805.3 |
Non-current assets: |
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Orbital receivables |
|
430.9 |
|
|
424.2 | |
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Financial assets, other |
|
82.9 |
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|
95.2 | |
|
Non-financial assets |
|
54.8 |
|
|
41.6 | |
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Deferred tax assets |
|
147.2 |
|
|
108.3 | |
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Property, plant and equipment |
|
1,060.5 |
|
|
1,054.9 | |
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Intangible assets |
|
1,673.4 |
|
|
1,753.4 | |
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Goodwill |
|
2,368.8 |
|
|
2,374.4 | |
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Total non-current assets |
|
5,818.5 |
|
|
5,852.0 |
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Total assets |
$ |
6,663.9 |
|
$ |
6,657.3 |
Liabilities and Shareholders' Equity |
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Current liabilities: |
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|
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Trade and other payables |
$ |
236.6 |
|
$ |
236.9 | |
|
Current tax liabilities |
|
29.4 |
|
|
49.2 | |
|
Financial liabilities, other |
|
11.6 |
|
|
18.9 | |
|
Provisions and other non-financial liabilities |
|
19.8 |
|
|
11.3 | |
|
Employee benefits |
|
102.8 |
|
|
123.9 | |
|
Contract liabilities |
|
390.9 |
|
|
465.5 | |
|
Securitization liability |
|
15.4 |
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|
15.5 | |
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Current portion of long-term debt |
|
18.1 |
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|
18.1 | |
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Total current liabilities |
|
824.6 |
|
|
939.3 |
Non-current liabilities: |
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|
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Financial liabilities, other |
|
14.5 |
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|
13.8 | |
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Provisions |
|
49.0 |
|
|
159.3 | |
|
Employee benefits |
|
212.7 |
|
|
217.6 | |
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Non-financial liabilities |
|
41.8 |
|
|
42.1 | |
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Contract liabilities |
|
93.3 |
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|
134.3 | |
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Deferred tax liabilities |
|
142.9 |
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|
103.6 | |
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Securitization liability |
|
84.9 |
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|
90.8 | |
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Long-term debt |
|
3,076.4 |
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|
2,942.9 | |
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Total non-current liabilities |
|
3,715.5 |
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|
3,704.4 |
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Total liabilities |
|
4,540.1 |
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|
4,643.7 |
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) |
|
1,670.1 |
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|
1,550.3 | |
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Contributed surplus |
|
60.7 |
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|
50.6 | |
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Retained earnings |
|
242.1 |
|
|
261.8 | |
|
Accumulated other comprehensive income |
|
150.9 |
|
|
150.9 | |
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Total shareholders' equity |
|
2,123.8 |
|
|
2,013.6 |
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Total liabilities and shareholders' equity |
$ |
6,663.9 |
|
$ |
6,657.3 |