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Financial instruments and related risk management (Tables) | 12 Months Ended
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Dec. 31, 2020
Disclosure Of Financial Instruments [Abstract] |
Pre-tax exposure to foreign currency exchange risk |
|  |  | Carrying value |  |
|  | Currency |  | (Cdn) |  | Gain (loss)
Cash and cash equivalents |  | USD | $ | 86,985 | $ | 4,349
Accounts receivable |  | USD |  | 136,894 |  | 6,845
Accounts payable and accrued liabilities |  | USD |  | (72,576) |  | (3,629)
Net foreign currency derivatives |  | USD |  | 40,872 |  | (38,811)
Counterparty credit risk, as represented by the carrying amount of the financial assets |
|  | 2020 |  | 2019
Cash and cash equivalents | $ | 918,382 | $ | 1,062,431
Short-term investments |  | 24,985 |  | -
Accounts receivable [note 6] |  | 166,788 |  | 323,430
Derivative assets [note 10] |  | 45,605 |  | 10,504
Exposure to credit risk for trade receivables |
|  |  | Carrying
|  | value
Investment grade credit rating | $ | 160,093
Non-investment grade credit rating |  | 5,961
Total gross carrying amount | $ | 166,054
Loss allowance |  | -
Net | $ | 166,054
Aged trade receivables |
|  |  | Corporate |  | Other |  |
|  |  | customers |  | customers |  | Total
Current (not past due) | $ | 159,280 | $ | 3,649 |  | 162,929
1-30 days past due |  | 133 |  | 434 |  | 567
More than 30 days past due |  | 2,043 |  | 515 |  | 2,558
Total | $ | 161,456 | $ | 4,598 |  | 166,054
Liquidity risk, company's available debt facilities |
The table below outlines the Company’s available debt facilities at December 31, 2020:
|  | Outstanding and |
| Total amount | committed | Amount available
Unsecured revolving credit facility | $ | 1,000,000 | $ | - | $ | 1,000,000
Letter of credit facilities [note 13] |  | 1,698,340 |  | 1,596,488 |  | 101,852
Maturity analysis of financial liabilities |
The tables below present a maturity analysis of Cameco’s financial liabilities, including principal and interest, based on the
expected cash flows from the reporting date to the contractual maturity date:
|  |  |  |  | Due in |  |  |  |  |  |
| Carrying | Contractual | less than | Due in 1-3 | Due in 3-5 | Due after 5
| amount | cash flows | 1 year | years | years | years
Accounts payable and accrued liabilities | $ | 233,649 | $ | 233,649 | $ | 233,649 | $ | - | $ | - | $ | -
Long-term debt |  | 995,541 |  | 1,000,000 |  | - |  | - |  | 500,000 |  | 500,000
Foreign currency contracts |  | 4,733 |  | 4,733 |  | 1,658 |  | 3,075 |  | - |  | -
Lease obligation [note 14] |  | 7,951 |  | 8,525 |  | 3,657 |  | 3,896 |  | 972 |  | -
Total contractual repayments | $ | 1,241,874 | $ | 1,246,907 | $ | 238,964 | $ | 6,971 | $ | 500,972 | $ | 500,000
|  |  |  |  | Due in |  |  |  |  |  |
|  |  | less than | Due in 1-3 | Due in 3-5 | Due after 5
|  | Total | 1 year | years | years | years
Total interest payments on long-term debt | $ | 267,905 | $ | 37,840 | $ | 75,680 | $ | 44,255 | $ | 110,130
Carrying amounts and accounting classifications |
At December 31, 2020
|  |  | FVTPL | Amortized cost | FVOCI - designated | Total
Financial assets |  |  |  |  |  |  |  |
| Cash and cash equivalents | $ | - | $ | 918,382 | $ | - | $ | 918,382
| Short-term investments |  | - |  | 24,985 |  | - |  | 24,985
| Accounts receivable [note 6] |  | - |  | 204,980 |  | - |  | 204,980
| Derivative assets [note 10] |  |  |  |  |  |  |  |
|  | Foreign currency contracts |  | 45,605 |  | - |  | - |  | 45,605
| Investments in equity securities [note 10] |  | - |  | - |  | 43,873 |  | 43,873
|  |  | $ | 45,605 | $ | 1,148,347 | $ | 43,873 | $ | 1,237,825
Financial liabilities |  |  |  |  |  |  |  |
| Accounts payable and accrued liabilities [note 12] | $ | - | $ | 233,649 | $ | - | $ | 233,649
| Lease obligation [note 14] |  | - |  | 7,951 |  | - |  | 7,951
| Derivative liabilities [note 14] |  |  |  |  |  |  |  |
|  | Foreign currency contracts |  | 4,733 |  | - |  | - |  | 4,733
| Long-term debt [note 13] |  | - |  | 995,541 |  | - |  | 995,541
|  |  |  | 4,733 |  | 1,237,141 |  | - |  | 1,241,874
Net | $ | 40,872 | $ | (88,794) | $ | 43,873 | $ | (4,049)
At December 31, 2019 |  |  |  |  |  |  |  |
|  |  | FVTPL | Amortized cost | FVOCI - designated | Total
Financial assets |  |  |  |  |  |  |  |
| Cash and cash equivalents | $ | - | $ | 1,062,431 | $ | - | $ | 1,062,431
| Accounts receivable [note 6] |  | - |  | 328,044 |  | - |  | 328,044
| Derivative assets [note 10] |  |  |  |  |  |  |  |
|  | Foreign currency contracts |  | 8,191 |  | - |  | - |  | 8,191
|  | Interest rate contracts |  | 2,313 |  | - |  | - |  | 2,313
| Investments in equity securities [note 10] |  | - |  | - |  | 24,408 |  | 24,408
|  |  | $ | 10,504 | $ | 1,390,475 | $ | 24,408 | $ | 1,425,387
Financial liabilities |  |  |  |  |  |  |  |
| Accounts payable and accrued liabilities [note 12] | $ | - | $ | 181,799 | $ | - | $ | 181,799
| Lease obligation |  | - |  | 12,869 |  | - |  | 12,869
| Derivative liabilities [note 14] |  |  |  |  |  |  |  |
|  | Foreign currency contracts |  | 12,524 |  | - |  | - |  | 12,524
| Long-term debt [note 13] |  | - |  | 996,718 |  | - |  | 996,718
|  |  |  | 12,524 |  | 1,191,386 |  | - |  | 1,203,910
Net | $ | (2,020) | $ | 199,089 | $ | 24,408 | $ | 221,477
Fair value measurement, carrying amounts |
As at December 31, 2020 |  |  |  |  |  |  |  |
|  |  |  |  | Fair value
|  | Carrying value | Level 1 |  | Level 2 |  | Total
Derivative assets [note 10] |  |  |  |  |  |  |  |
| Foreign currency contracts | $ | 45,605 | $ | - | $ | 45,605 | $ | 45,605
Investments in equity securities [note 10] |  | 43,873 |  | 43,873 |  | - |  | 43,873
Derivative liabilities [note 14] |  |  |  |  |  |  |  |
| Foreign currency contracts |  | (4,733) |  | - |  | (4,733) |  | (4,733)
Long-term debt [note 13] |  | (995,541) |  | - |  | (1,173,280) |  | (1,173,280)
Net | $ | (910,796) | $ | 43,873 | $ | (1,132,408) | $ | (1,088,535)
As at December 31, 2019 |  |  |  |  |  |  |  |
|  |  |  |  | Fair value
|  | Carrying value | Level 1 |  | Level 2 |  | Total
Derivative assets [note 10] |  |  |  |  |  |  |  |
| Foreign currency contracts | $ | 8,191 | $ | - | $ | 8,191 | $ | 8,191
| Interest rate contracts |  | 2,313 |  | - |  | 2,313 |  | 2,313
Investments in equity securities [note 10] |  | 24,408 |  | 24,408 |  | - |  | 24,408
Derivative liabilities [note 14] |  |  |  |  |  |  |  |
| Foreign currency contracts |  | (12,524) |  | - |  | (12,524) |  | (12,524)
Long-term debt [note 13] |  | (996,718) |  | - |  | (1,111,923) |  | (1,111,923)
Net | $ | (974,330) | $ | 24,408 | $ | (1,113,943) | $ | (1,089,535)
Fair value of derivative instruments and classification |
|  |  |  |  | 2020 |  | 2019
Non-hedge derivatives: |  |  |  |
| Foreign currency contracts | $ | 40,872 | $ | (4,333)
| Interest rate contracts |  | - |  | 2,313
Net | $ | 40,872 | $ | (2,020)
Classification: |  |  |  |
| Current portion of long-term receivables, investments and other [note 10] | $ | 16,466 | $ | 4,144
| Long-term receivables, investments and other [note 10] |  | 29,139 |  | 6,360
| Current portion of other liabilities [note 14] |  | (1,658) |  | (7,505)
| Other liabilities [note 14] |  | (3,075) |  | (5,019)
Net | $ | 40,872 | $ | (2,020)
Summary of components of non-hedge derivative gains losses |
The following table summarizes the different components of the gains (losses) on derivatives included in net earnings:
|  |  | 2020 |  | 2019
Non-hedge derivatives: |  |  |  |
| Foreign currency contracts | $ | 30,600 | $ | 31,863
| Interest rate contracts |  | 5,977 |  | 2,068
| Uranium contracts |  | - |  | (1,662)
Net | $ | 36,577 | $ | 32,269

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