XML 142 R21.htm IDEA: XBRL DOCUMENT

Intangible Assets

12 Months Ended

Dec. 31, 2019

14. Intangible Assets


	Client			Contract
	Relationships			Backlog			Software			Other			Total
	$			$			$			$			$

Cost
December 31, 2017		289.5			47.9			65.6			27.5			430.5
Additions		-			-			33.2			-			33.2
Additions arising on acquisitions		25.1			5.7			0.2			2.0			33.0
Discontinued operations (note 8)		(19.7	)		-			(5.3	)		(4.4	)		(29.4	)
Removal of fully amortized assets		(3.9	)		(46.2	)		(18.8	)		(10.8	)		(79.7	)
Impact of foreign exchange		16.3			1.1			0.3			0.7			18.4

December 31, 2018		307.3			8.5			75.2			15.0			406.0
Impact of IFRS 16 (note 6)		-			-			-			(10.2	)		(10.2	)

January 1, 2019		307.3			8.5			75.2			4.8			395.8
Additions		-			-			12.0			-			12.0
Additions arising on acquisitions		29.5			10.3			1.3			0.3			41.4
Removal of fully amortized assets		-			(4.7	)		(23.7	)		(1.0	)		(29.4	)
Impact of foreign exchange		(11.5	)		(0.4	)		0.2			(1.8	)		(13.5	)

December 31, 2019		325.3			13.7			65.0			2.3			406.3

Accumulated amortization
December 31, 2017		90.4			37.6			26.9			13.2			168.1
Amortization - continuing operations		26.9			9.9			25.7			2.5			65.0
Amortization - discontinued operations		1.8			1.4			0.7			1.8			5.7
Discontinued operations (note 8)		(4.9	)		-			(1.9	)		(2.4	)		(9.2	)
Removal of fully amortized assets		(3.9	)		(46.2	)		(18.8	)		(10.8	)		(79.7	)
Impact of foreign exchange		5.9			0.9			0.1			1.5			8.4

December 31, 2018		116.2			3.6			32.7			5.8			158.3
Impact of IFRS 16 (note 6)		-			-			-			(4.5	)		(4.5	)

January 1, 2019		116.2			3.6			32.7			1.3			153.8
Amortization - continuing operations		31.1			10.0			25.0			0.8			66.9
Removal of fully amortized assets		-			(4.7	)		(23.7	)		(1.0	)		(29.4	)
Impact of foreign exchange		(4.4	)		(0.1	)		0.5			(0.6	)		(4.6	)

December 31, 2019		142.9			8.8			34.5			0.5			186.7

Net book value
December 31, 2018		191.1			4.9			42.5			9.2			247.7
Impact of IFRS 16 (note 6)		-			-			-			(5.7	)		(5.7	)

January 1, 2019		191.1			4.9			42.5			3.5			242.0

December 31, 2019		182.4			4.9			30.5			1.8			219.6

During 2019, the Company concluded that there were no indicators of impairment related to intangible assets.

The net book value of software acquired through software financing obligations is $16.7 (2018 - $19.1). In 2019, software additions through software financing obligations were $8.4 (2018 - $15.1) and have been excluded from the consolidated statement of cash flows (note 33).