Property, plant and equipment

12 Months Ended

Dec. 31, 2018

Property Plant And Equipment [Abstract]

8. Property, plant and equipment

At December 31, 2019


	Land		Plant		Furniture				Exploration
	and		and		and		Under		and
	buildings		equipment		fixtures		construction		evaluation		Total


Cost
Beginning of year	$	5,089,908	$	2,654,944	$	80,083	$	63,465	$	1,121,061	$	9,009,461
Additions		2,327		7,179		158		65,482		65		75,211
Transfers		17,157		28,453		951		(46,561)		-		-
Change in reclamation provision [note 15]		24,883		-		-		-		-		24,883
Disposals		(923)		(3,486)		(142)		(507)		(693)		(5,751)
Effect of movements in exchange rates		(32,642)		(8,925)		(181)		(17)		(48,593)		(90,358)

End of year		5,100,710		2,678,165		80,869		81,862		1,071,840		9,013,446


Accumulated depreciation and impairment
Beginning of year		2,835,037		1,697,178		74,860		36,799		483,661		5,127,535
Depreciation charge		128,579		105,700		2,057		-		-		236,336
Change in reclamation provision [note 15]		2,732		-		-		-		-		2,732
Disposals		(225)		(2,194)		(139)		-		(639)		(3,197)
Effect of movements in exchange rates		(30,035)		(7,635)		(177)		-		(24,636)		(62,483)

End of year		2,936,088		1,793,049		76,601		36,799		458,386		5,300,923


Right-of-use assets
Beginning of year		-		-		-		-		-		-
Additions		3,517		5,768		851		-		-		10,136
Disposals		-		(9)		-		-		-		(9)
Depreciation charge		(871)		(675)		(432)		-		-		(1,978)

End of year		2,646		5,084		419		-		-		8,149


Net book value at December 31, 2019	$	2,167,268	$	890,200	$	4,687	$	45,063	$	613,454	$	3,720,672

At December 31, 2018


	Land		Plant		Furniture				Exploration
	and		and		and		Under		and
	buildings		equipment		fixtures		construction		evaluation		Total


Cost
Beginning of year	$	5,045,112	$	2,729,635	$	90,817	$	154,731	$	1,120,280	$	9,140,575
Additions		1,944		7,274		-		45,516		628		55,362
Transfers		104,760		20,044		288		(129,436)		4,344		-
Change in reclamation provision		132,317		-		-		-		-		132,317
Disposals		(186)		(7,355)		(4,714)		(1,663)		(414)		(14,332)
JV Inkai restructuring^(a)		(245,882)		(109,748)		(6,624)		(5,739)		-		(367,993)
Effect of movements in exchange rates		51,843		15,094		316		56		(3,777)		63,532

End of year		5,089,908		2,654,944		80,083		63,465		1,121,061		9,009,461


Accumulated depreciation and impairment
Beginning of year		2,717,249		1,611,460		80,752		55,832		483,390		4,948,683
Depreciation charge		120,754		111,465		3,217		-		-		235,436
Transfers		13,036		6,333		(322)		(19,047)		-		-
Change in reclamation provision		59,616		-		-		-		-		59,616
Disposals		(185)		(5,853)		(4,647)		-		-		(10,685)
JV Inkai restructuring^(a)		(123,919)		(38,783)		(4,441)		-		-		(167,143)
Effect of movements in exchange rates		48,486		12,556		301		14		271		61,628

End of year		2,835,037		1,697,178		74,860		36,799		483,661		5,127,535


Net book value at December 31, 2018	$	2,254,871	$	957,766	$	5,223	$	26,666	$	637,400	$	3,881,926

Cameco has contractual capital commitments of approximately $38,000,000 at December 31, 2019. Certain of the contractual commitments may contain cancellation clauses, however the Company discloses the commitments based on management’s intent to fulfill the contract. The majority of this amount is expected to be incurred in 2020.

(a) Effective January 1, 2018, Cameco’s ownership interest in JV Inkai was reduced to 40% resulting in JV Inkai being accounted for on an equity basis instead of proportionate consolidation (see note 11).