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Other Assets | 12 Months Ended
--- | ---
Dec. 31, 2024
Other Asset [Abstract] |
Other Assets | Other Assets
|  | December 31, 2024 | December 31, 2023
| Notes | $ | $
Financial assets |  |  |
Investments held for self-insured liabilities | 23 | 195.7 |  | 204.5 |
Holdbacks on long-term contracts |  | 43.7 |  | 25.2 |
Derivative financial instruments | 23,24 | 20.7 |  | 20.0 |
Insurance recovery assets | 7 | 10.6 |  | — |
Other |  | 39.2 |  | 28.6 |
Non-financial assets |  |  |
Other |  | 17.6 |  | 18.0 |
|  | 327.5 |  | 296.3 |
Less current portion - financial |  | 26.2 |  | 15.8 |
Less current portion - non-financial |  | 1.3 |  | 1.3 |
Long-term portion |  | 300.0 |  | 279.2 |
Financial assets - Other primarily includes sublease receivables and deposits. Non-financial assets - Other primarily includes investments in joint ventures and associates, transaction costs on long-term debt, and investment tax credits. 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. Investments also include equity securities that are classified as FVPL with gains (losses) recorded in net income. Their fair value and amortized cost are as follows:
| December 31, 2024 | December 31, 2023
| $ | $
| Fair Value | Amortized Cost/Cost | Fair Value | Amortized Cost/Cost
Bonds | 122.7 |  | 123.1 |  | 127.2 |  | 125.0 |
Equity securities | 73.0 |  | 54.6 |  | 77.3 |  | 66.3 |
Total | 195.7 |  | 177.7 |  | 204.5 |  | 191.3 |
The bonds bear interest at rates ranging from 0.63% to 8.00% per annum (2023 – 0.63% to 8.00%). The terms to maturity of the bond portfolio, stated at fair value, are as follows:
| December 31, 2024 | December 31, 2023
| $ | $
Within one year | 6.0 |  | 0.4 |
After one year but not more than five years | 37.5 |  | 43.1 |
More than five years | 79.2 |  | 83.7 |
Total | 122.7 |  | 127.2 |

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