XML 42 R19.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Other long-term liabilities | 12 Months Ended
--- | ---
Dec. 31, 2023
Subclassifications of assets, liabilities and equities [abstract] |
Other Long-Term Liabilities | Other long-term liabilities:
As at | Dec 31 2023 | Dec 31 2022
Share-based compensation liability (note 14) | $ | 74,107 |  | $ | 70,569 |
Site restoration costs | 32,596 |  | 36,581 |
Land mortgage | 28,014 |  | 28,514 |
Defined benefit pension plans (note 21) | 22,691 |  | 19,216 |
Cash flow hedges (note 19) | 91,183 |  | 6,739 |
Other | 1,319 |  | 2,532 |
| 249,910 |  | 164,151 |
Less current maturities | (94,992) |  | (29,548) |
| $ | 154,918 |  | $ | 134,603 |
Site restoration costs: The Company has accrued liabilities related to the decommissioning and reclamation of its methanol production sites and oil and gas properties. Because of uncertainties in estimating the amount and timing of the expenditures related to the sites, actual results could differ from the amounts estimated. As at December 31, 2023, the total undiscounted amount of estimated cash flows required to settle the liabilities was $50.6 million (2022 - $52.1 million). The movement in the provision during the year is explained as follows:
| 2023 | 2022
Balance at January 1 | $ | 36,581 |  | $ | 29,355 |
New or revised provisions | (5,573) |  | 6,915 |
Accretion expense | 1,588 |  | 311 |
Balance at December 31 | $ | 32,596 |  | $ | 36,581 |

X
- Definition The disclosure of other non-current liabilities. [Refer: Other non-current liabilities] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_10_e&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfOtherNoncurrentLiabilitiesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ifrs-full_SubclassificationsOfAssetsLiabilitiesAndEquitiesAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration