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Finance Lease Receivables
 12 Months Ended
Dec. 31, 2024
Disclosure of maturity analysis of finance lease payments receivable [abstract]  
Finance Lease Receivables Finance Lease Receivables
Amounts receivable under the Company’s finance leases include the Mount Keith 132kV expansion (2024), Northern Goldfields solar facilities (2024 and 2023), the Poplar Creek cogeneration facility (2024 and 2023), the Muskeg River and the Primrose cogeneration plants (2024) and are as follows:
As at Dec. 3120242023
Minimum
lease
receipts
Present value
of minimum lease
receipts
Minimum
lease
receipts
Present value
of minimum lease
receipts
Within one year48 47 28 28 
Second to fifth years inclusive185 159 112 98 
More than five years247 129 117 64 
 480 335 257 190 
Less: unearned finance lease income146 — 67 — 
Add: unguaranteed residual value1 — — — 
Total finance lease receivables335 335 190 190 
Included in the Consolidated Statements of Financial Position as:   
Current portion of finance lease receivables (Note 13)
30  19  
Long-term portion of finance lease receivables
305  171  
Total finance lease receivables335  190  
During the first quarter of 2024, the Mount Keith 132kV expansion was completed. As a result, the Company derecognized assets under construction and recognized a finance lease receivable of $48 million. On
Dec. 4, 2024, as part of the Heartland acquisition, the Company recognized current and non-current finance lease receivables of $8 million and $107 million, respectively (refer to Note 4 for details).