XML 96 R37.htm IDEA: XBRL DOCUMENT
v3.19.1

Related parties | 12 Months Ended
--- | ---
Dec. 31, 2018
Disclosure Of Transactions Between Related Parties [Abstract] |
Related parties | 31. Related parties A. Transactions with key management personnel Key management personnel are those persons that have the authority and responsibility for planning, directing and controlling the activities of the Company, directly or indirectly. Key management personnel of the Company include executive officers, vice-presidents, other senior managers and members of the board of directors. In addition to their salaries, Cameco also provides non-cash benefits to executive officers and vice-presidents an d contributes to pensio n plans on their behalf (note 25). Senior management and directors also participate in the Company’s share-b ased compensation plans (note 24). Executive officers are subject to terms of notice ranging from three to six months. Upon resignation at the Company’s request, they are entitled to termination benefits of up to the lesser of 18 to 24 months or the period remaining until age 65. The termination benefits include gross salary plus the target short-term incentive bonus for t he year in which termination occurs.
Compensation for key management personnel was comprised of: |  |  |  |
|  | 2018 |  | 2017
Short-term employee benefits | $ | 24,821 | $ | 26,569
Share-based compensation |  | 12,796 |  | 11,525
Post-employment benefits |  | 4,323 |  | 5,914
Termination benefits |  | 860 |  | 916
Total | $ | 42,800 | $ | 44,924
(a) Excludes deferred share units held by directors (see note 24). |  |  |  |
B. Other related party transactions Cameco funded JV Inkai’s project development costs through an unsecured shareholder loan. The limit of the loan facility is $175,000,000 (US) and advances under the facility bear interest at a rate of LIB OR plus 2%. At December 31, 2018, $124,533,000 ($91,320,000 (US)) of principal an d interest was outstanding (2017 - $117,218,000 (US) with Cameco’s share, representing the 40% owed to it, being $58,820,000) (notes 10 and 30). Effective January 1, 2018 due to a change in its ownership interest, C ameco now accounts for its interest in JV Inkai under the equity method. As a result, the full amount of the outstanding loan is reflected on the balance sheet as opposed to the 40% owed to it as was reflected at December 31, 2017. For the year ended Decem ber 31, 2018, Cameco recorded interest income of $5,603,000 relating to this balance (2017 - $2,182,000 which related to the 40% owed to it). As a result of the change to the equity method of accounting, Cameco no longer eliminates its uranium concen trate purchases from JV Inkai. For the year ended December 31, 2018, Cameco had purchases of $94,063,000 ($72,007,000 (US)).

X
- Definition The entire disclosure for related parties. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 24 -IssueDate 2018-01-01 -Section Disclosures -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=24&date=2018-03-01&anchor=sect_Disclosures&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_DisclosureOfRelatedPartyExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration