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Investment in associate (Tables)

12 Months Ended

Dec. 31, 2020

Interests In Other Entities [Abstract]

Summarized financial information in associate

Summarized financial information of Atlas (100% basis) is as follows:


Consolidated statements of financial position as at			Dec 31 2020			Dec 31 2019
Cash and cash equivalents			$	40,815		$	50,149
Other current assets1			65,434			60,709
Non-current assets			256,421			241,860
Current liabilities1			(43,057)			(28,191)
Other long-term liabilities, including current maturities			(133,079)			(138,866)
Net assets at 100%			$	186,534		$	185,661
Net assets at 63.1%			$	117,703		$	117,152
Long-term receivable from Atlas1			76,322			76,322
Investment in associate			$	194,025		$	193,474


Consolidated statements of income for the years ended December 31			2020			2019
Revenue1			$	250,996		$	359,425
Cost of sales and depreciation and amortization			(170,714)			(217,333)
Operating income			80,282			142,092
Finance costs, finance income and other expenses			(10,297)			(11,381)
Income tax expense			(23,112)			(47,957)
Net earnings at 100%			$	46,873		$	82,754
Earnings of associate at 63.1%			$	29,577		$	52,218
Dividends received from associate			$	29,026		$	56,159

1 Includes related party transactions between Atlas and the Company (see note 23).