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Segmented information (Tables)
12 Months Ended
Dec. 31, 2024
Segmented information [Abstract]  
Business segments
A.
 
Business segments - 2024
For the year ended December 31, 2024
Uranium
Fuel
services
(i)
WEC
(i)
Adjustments
Other
Total
Revenue
$
2,676,620
$
459,152
$
2,892,467
$
(2,892,467)
$
-
$
3,135,772
Expenses
Cost of products and services sold
1,757,155
316,040
1,016,980
(1,016,980)
(707)
2,072,488
Depreciation and amortization
238,726
37,236
356,864
(356,864)
4,740
280,702
Cost of sales
1,995,881
353,276
1,373,844
(1,373,844)
4,033
2,353,190
Gross profit (loss)
680,739
105,876
1,518,623
(1,518,623)
(4,033)
782,582
Administration
-
-
1,460,657
(1,460,657)
253,150
253,150
Exploration
19,419
-
-
-
-
19,419
Research and development
-
-
-
-
36,540
36,540
Other operating income
(35,090)
(2,593)
-
-
-
(37,683)
(Gain) loss on disposal of assets
253
791
-
-
(2)
1,042
Finance costs
-
-
225,188
(225,188)
147,171
147,171
Loss on derivatives
-
-
-
-
183,103
183,103
Finance income
-
-
(4,381)
4,381
(21,228)
(21,228)
Share of loss (earnings) from
 
equity-accounted investees
(207,583)
-
-
218,427
-
10,844
Foreign exchange gains
-
-
-
-
(65,517)
(65,517)
Other expense (income)
-
-
116,697
(116,697)
(975)
(975)
Earnings (loss) before income taxes
903,740
107,678
(279,538)
61,111
(536,275)
256,716
Income tax expense
84,874
Net earnings
171,842
Capital expenditures for the year
$
132,827
$
48,667
$
176,229
$
(176,229)
$
30,141
$
211,635
(i) Consistent with the presentation of financial
 
information for internal management purposes,
 
Cameco’s share of Westinghouse’s financial
results have been presented as a separate
 
segment. In accordance with IFRS, this investment
 
is accounted for by the equity method of
accounting in these consolidated financial statements
 
and the associated revenues and expenses
 
are eliminated in the “Adjustments” column.
For the year ended December 31, 2023
Uranium
Fuel
services
(i)
WEC
(i)
Adjustments
Other
Total
Revenue
$
2,153,153
$
425,557
$
521,074
$
(521,074)
$
9,048
$
2,587,758
Expenses
Cost of products and services sold
1,532,316
266,062
200,285
(200,285)
7,390
1,805,768
Depreciation and amortization
175,457
35,426
60,766
(60,766)
9,441
220,324
 
Cost of sales
1,707,773
301,488
261,051
(261,051)
16,831
2,026,092
Gross profit (loss)
445,380
124,069
260,023
(260,023)
(7,783)
561,666
Administration
-
-
244,400
(244,400)
245,539
245,539
Exploration
17,551
-
-
-
-
17,551
Research and development
-
-
-
-
21,036
21,036
Other operating income
(1,875)
(5,634)
-
-
-
(7,509)
Loss on disposal of assets
1,825
363
-
-
-
2,188
Finance costs
-
-
26,274
(26,274)
115,869
115,869
Loss (gain) on derivatives
-
-
2,838
(2,838)
(37,791)
(37,791)
Finance income
-
-
(1,885)
1,885
(111,670)
(111,670)
Share of loss (earnings) from
 
equity-accounted investee
(178,848)
-
-
24,386
-
(154,462)
Foreign exchange gains
-
-
-
-
(15,692)
(15,692)
Other expense (income)
(545)
-
19,424
(19,424)
(1)
(546)
Earnings (loss) before income taxes
607,272
129,340
(31,028)
6,642
(225,073)
487,153
Income tax expense
126,337
Net earnings
360,816
Capital expenditures for the year
$
105,384
$
42,546
$
42,405
$
(42,405)
$
5,701
$
153,631
(i) Consistent with the presentation of financial
 
information for internal management purposes,
 
Cameco’s share of Westinghouse’s financial
results have been presented as a separate
 
segment. In accordance with IFRS, this investment
 
is accounted for by the equity method of
accounting in these consolidated financial statements
 
and the associated revenues and expenses
 
are eliminated in the “Adjustments” column.
Geographic segments
2024
2023
Canada
$
2,495,748
$
1,877,742
United States
640,024
710,016
$
3,135,772
$
2,587,758
2024
2023
Canada
$
2,859,401
$
2,947,395
United States
3,015,292
2,975,148
Australia
383,338
389,152
Kazakhstan
286,759
273,834
Germany
3
5
$
6,544,793
$
6,585,534