EX-99.5 6 d685238dex995.htm EX-99.5

EXHIBIT 99.5

Contractual Cash Obligations

As at December 31, 2013 (Cdn$ millions) |  | Total |  |  | Due in Less Than 1 Year |  |  | Due in 1 - 3 Years |  |  | Due in 4 - 5 Years |  |  | Due After 5 Yrs |
Long-term debt |  |  | 1,300 |  |  |  | — |  |  |  | 300 |  |  |  | — |  |  |  | 1,000 |
Interest on long-term debt |  |  | 481 |  |  |  | 63 |  |  |  | 111 |  |  |  | 97 |  |  |  | 210 |
Provision for reclamation |  |  | 823 |  |  |  | 18 |  |  |  | 71 |  |  |  | 65 |  |  |  | 669 |
Provision for waste disposal |  |  | 18 |  |  |  | 2 |  |  |  | 4 |  |  |  | 5 |  |  |  | 7 |
Other liabilities |  |  | 46 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 46 |
Unconditional product purchase commitments 1, 2 |  |  | 1,208 |  |  |  | 352 |  |  |  | 583 |  |  |  | 109 |  |  |  | 164 |
Total contractual cash obligations |  |  | 3,876 |  |  |  | 435 |  |  |  | 1,069 |  |  |  | 276 |  |  |  | 2,096 |

1 | Denominated in US dollars. Converted to Canadian dollars at the December 31, 2013 rate of Cdn $1.06.

2 | Virtually all of Cameco Corporation’s product purchase obligations are under long-term, fixed-price arrangements.

Commercial Commitments

As at December 31, 2013 (Cdn$ millions) |  | Total amounts committed |
Standby letters of credit 1 |  |  | 791 |
BPLP guarantees 2 |  |  | 58 |
Total commercial commitments |  |  | 849 |

1 | The standby letters of credit maturing in 2014 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, 2013, Cameco Corporation’s total commitment for financial assurances given on behalf of BPLP was estimated to be Cdn $58 million. Refer to note 12 in the 2013 consolidated audited financial statements.