XML 127 R45.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Discontinued operations | 12 Months Ended
--- | ---
Dec. 31, 2021
Disclosure of analysis of single amount of discontinued operations [abstract] |
Discontinued operations |
Note 37 | Discontinued operations
On June 1, 2020, BCE announced that it had entered into an agreement to sell substantially all of its data centre operations in an all-cash transaction valued at $1.04 billion. In Q4 2020, we completed the sale for proceeds of $933 million (net of debt and other items) and recorded a gain on sale, net of taxes, of $211 million. The capital gain as a result of the sale is mainly offset by the recognition of previously unrecognized capital loss carryforwards. The data centre operations that were sold were presented as a discontinued operation in our 2020 income statement and statement of cash flows. Property, plant and equipment and intangible assets that were sold were no longer depreciated or amortized effective June 1, 2020. The following table summarizes the carrying value of the assets and liabilities sold:
| 2020
Contract assets | 1 |
Contract costs | 2 |
Property, plant and equipment | 484 |
Intangible assets | 227 |
Goodwill | 115 |
Total assets sold | 829 |
Long-term debt | 113 |
Deferred tax liability | 37 |
Other non-current liabilities | 9 |
Total liabilities sold | 159 |
Net assets sold | 670 |
The following tables summarize the income statement and statement of cash flows of our discontinued operations up to the point of sale.
FOR THE YEAR ENDED DECEMBER 31 | 2020
Operating revenues | 118 |
Operating costs | (57) |
Depreciation | (18) |
Amortization | (7) |
Interest expense | (6) |
Other expense | (8) |
Income taxes | (7) |
Net earnings attributable to common shareholders before gain on sale | 15 |
Gain on sale (net of taxes of $3 million) | 211 |
Net earnings attributable to common shareholders | 226 |
FOR THE YEAR ENDED DECEMBER 31 | 2020
Cash flows from operating activities | 54 |
Cash flows from investing activities | 892 |
Cash flows used in financing activities | (7) |
Net increase in cash | 939 |

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

X
- Definition The disclosure of discontinued operations. [Refer: Discontinued operations [member]] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2021-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_10_e&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_DisclosureOfDiscontinuedOperationsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration