14. Other Assets


	December 31 2018 $		December 31 2017 $

Financial assets
Investments held for self-insured liabilities		144.2		147.1
Holdbacks on long-term contracts		28.7		39.6
Indemnifications		0.8		2.4
Other		6.5		6.3
Other non-financial assets
Investment tax credits		6.1		9.2
Transaction costs on long-term debt		3.6		4.9
Deferred contract costs		8.8		-

		198.7		209.5
Less current portion - financial		18.1		14.0
Less current portion - non-financial		5.1		-

Long-term portion		175.5		195.5

Investments held for self-insured liabilities

Investments held for self-insured liabilities include government and corporate bonds that are classified as FVOCI with unrealized gains (losses) recorded in other comprehensive income (loss). Investments also include equity securities that are classified at FVPL with gains (losses) recorded in net income.

Their fair value and amortized cost are as follows:

December 31

December 31

2018

2017

Fair Value

Amortized
Cost/Cost

Fair Value

Amortized

Cost/Cost

Bonds

103.0

103.8

97.7

98.6

Equity securities

41.2

45.0

49.4

48.3

Total

144.2

148.8

147.1

146.9

The bonds bear interest at rates ranging from 0.75% to 5.15% per annum (2017 – 0.75% to 5.15%). The terms to maturity of the bond portfolio, stated at fair value, are as follows:


	December 31 2018 $		December 31 2017 $

Within one year		14.0		5.6
After one year but not more than five years		85.2		73.5
More than five years		3.8		18.6

Total		103.0		97.7

Indemnifications

The Company’s indemnifications relate to certain legal claims (note 17). During 2018, the Company decreased provisions and indemnification assets relating to prior acquisitions by $1.8 (2017 – increased by $0.2).