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Other Non-current Assets

6 Months Ended

Jun. 30, 2023

16. Other Non-current Assets


	June 30,		December 31,
	2023		2022
Tax receivable	$	8.8	$	9.1
Loans receivable		20.6		15.3
Refundable deposits		24.7		—
Deferred debt issuance costs		4.7		3.9
Investments		8.3		2.0
Other		14.1		10.1
	$	81.2	$	40.4

Loans Receivable

At June 30, 2023, the Company participated in certain financing lending arrangements that are fully collateralized and secured by certain equipment. These financing lending arrangements have a term of one to four years. In the event of default under these agreements, the Company will take possession of the equipment as collateral to recover its loans receivable balance. The loans receivable balance at June 30, 2023 was $28.9 million, of which $8.3 million is recorded in trade and other receivables and $20.6 million in non-current loans receivable (December 31, 2022: $23.4 million, of which $8.0 million was recorded in trade and other receivables and $15.4 million in non-current loans receivable). The expected credit loss allowance is not significant.