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Capital disclosures (Tables) | 12 Months Ended
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Dec. 31, 2024
Liquidity And Capitalization [Abstract] |
Schedule of liquidity and capitalization |
As at | Dec 31 2024 | Dec 31 2023
Liquidity: |  |
Cash and cash equivalents | $ | 891,910 |  | $ | 458,015 |
Undrawn credit facility | 500,000 |  | 300,000 |
Total liquidity | $ | 1,391,910 |  | $ | 758,015 |
Capitalization: |  |
Unsecured notes, including current portion | 2,273,881 |  | 1,985,660 |
Other limited recourse debt facilities, including current portion | 141,054 |  | 156,141 |
Total debt | 2,414,935 |  | 2,141,801 |
Non-controlling interests | 287,707 |  | 242,090 |
Shareholders’ equity | 2,093,559 |  | 1,930,927 |
Total capitalization | $ | 4,796,201 |  | $ | 4,314,818 |
Total debt to capitalization 1 | 50% | 50%
Net debt to capitalization 2 | 39% | 44%
1 Total debt (including Other limited recourse debt facilities) divided by total capitalization. 2 Total debt (including Other limited recourse debt facilities) less cash and cash equivalents divided by total capitalization less cash and cash equivalents.

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