EX-99.5 6 o54391exv99w5.htm TABULAR DISCLOSURE OF CONTRACTUAL OBLIGATIONS ex-99.5
EXHIBIT 99.5
Contractual Cash Obligations
                                         
            Due in            
            Less Than   Due in   Due in    
As at December 31, 2008           1   1 - 3   4 - 5   Due After
(Cdn$ millions)   Total   Year   Years   Years   5 Yrs
Long-term debt
     1,042       —       442       302       298  
BPLP capital lease 1
     181       10       25       31       115  
Interest on long-term debt
     142       33       46       35       28  
Interest on BPLP capital lease 1
     81       13       24       20       24  
Provision for reclamation
     556       13       35       23       485  
Other liabilities
     216       15       1       1       199  
Unconditional product purchase obligations 2, 3
     1,158       176       354       536       92  
 
                                        
Total contractual cash obligations
     3,376       260       927       948       1,241  
 
                                        
 
1   Represents Cameco Corporation’s proportionate share of Bruce Power Limited Partnership’s (“BPLP”) capital lease obligation.
 
2   Denominated in US dollars, converted to Canadian dollars at the December 31, 2008 rate of Cdn$1.2246.
 
3   Virtually all of Cameco Corporation’s product purchase obligations are under long-term, fixed-price arrangements.
Commercial Commitments
         
As at December 31, 2008    
(Cdn$ millions)   Total amounts committed
Standby letters of credit 1
     429  
BPLP guarantees 2
     82  
 
        
Total commercial commitments
     511  
 
        
 
1   The standby letters of credit maturing in 2009 were issued with a one-year term and will be automatically renewed on a year-by-year basis until the underlying obligations are resolved. These obligations are primarily the decommissioning and reclamation of Cameco Corporation’s mining and conversion facilities. As such, the letters of credit are expected to remain outstanding well into the future.
 
2   At December 31, 2008, Cameco Corporation’s total commitment for financial assurances given on behalf of BPLP was estimated to be Cdn$82 million. Refer to note 24 in the 2008 consolidated audited financial statements.