Long-term receivables, investments and other (Tables)

12 Months Ended

Dec. 31, 2020

Categories Of Noncurrent Financial Assets [Abstract]

Long-term receivables, investments and other



		2020		2019


Investments in equity securities [note 26]^(a)	$	43,873	$	24,408
Derivatives [note 26]		45,605		10,504
Investment tax credits		95,642		95,474
Amounts receivable related to tax dispute [note 21]^(b)		303,222		303,222
Product loan^(c)		176,904		176,904
Other		5,512		26,183

		670,758		636,695
Less current portion		(18,716)		(6,564)

Net	$	652,042	$	630,131

(a) At January 1, 2018, Cameco designated the investments shown below as equity securities at FVOCI because these equity securities represent investments that the Company intends to hold for the long term for strategic purposes. There were no dividends recognized on any of these investments during the year.

(b) Cameco was required to remit or otherwise secure 50% of the cash taxes and transfer pricing penalties, plus related interest and instalment penalties assessed, in relation to its dispute with Canada Revenue Agency (CRA) (see note 21). In light of our view of the likely outcome of the case, Cameco expects to recover the amounts remitted to CRA, including cash taxes, interest and penalties totalling $303,222,000 already paid as at December 31, 2020 (December 31, 2019 - $303,222,000) (note 21).

(c) During 2018, as a result of the decision to temporarily suspend production at the McArthur River mine, Cameco loaned 5,400,000 pounds of uranium concentrate to its joint venture partner, Orano Canada Inc., (Orano). Orano is obligated to repay us in kind with uranium concentrate no later than December 31, 2023. The loan was recorded at Cameco’s weighted average cost of inventory.

Equity securities designated at FVOCI


		2020		2019


Investment in Denison Mines Corp.	$	20,677	$	13,292
Investment in UEX Corporation		13,005		7,253
Investment in ISO Energy Ltd.		6,923		1,481
Investment in GoviEx		2,875		2,000
Other		393		382

	$	43,873	$	24,408