XML 76 R10.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

ADOPTION OF NEW STANDARDS - IMPACT ON FINANCIAL STATEMENTS | 12 Months Ended
--- | ---
Dec. 31, 2019
Adoption Of New Standards - Impact On Financial Statements |
ADOPTION OF NEW STANDARDS - IMPACT ON FINANCIAL STATEMENTS | As noted above in Note 3, Denison adopted the provisions of IFRS 16 on January 1, 2019 using the modified retrospective approach. On transition to IFRS 16, the Company recognized an additional $944,000 of right-of-use assets (reported within “Property, Plant and Equipment” – see note 12) and an additional $944,000 of lease liabilities (reported within “Other Liabilities” – see note 16). The underlying lease payments have been discounted using the Company’s incremental borrowing rate on January 1, 2019 of 8.50%. In applying IFRS 16 for the first time, Denison has used the following practical expedients permitted by the standard: a) leases with a term of less than 12 months remaining at January 1, 2019 have been accounted for as short-term leases; and b) initial direct costs for the measurement of the right-of-use asset at the date of initial application have been excluded. A reconciliation of Denison’s December 31, 2018 lease commitments to its opening lease liabilities amount recognized under IFRS 16 is as follows:
(in thousands of CAD dollars) |  |  |
Operating lease and other commitments per Denison’s December 31, 2018 annual financial statements |  | $ | 1,259
Adjustments to IFRS 16: |  |  |
Recognition exemption for short-term leases |  |  | (13)
Other |  |  | (75)
Lease liabilities - undiscounted |  |  | 1,171
Present value discount adjustment |  |  | (227)
Lease liabilities on transition to IFRS 16 at January 1, 2019 |  | $ | 944
Under IFRS 16, Denison has recognized assets and liabilities for certain lease components which were expensed by the Company in the past. The adoption of IFRS 16 has resulted in the Company reporting: a) increased assets and liabilities; b) increased depreciation and accretion expense and decreased lease expense within the statement of income (loss); and c) decreased cash outflows from operations and increased cash outflows from financing as lease payments are recorded as financing outflows in the cash flow statement.

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

X
- Definition The disclosure of the known or reasonably estimable information relevant to assessing the possible impact that the application of a new IFRS, that has been issued but is not yet effective, will have. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 8 -IssueDate 2019-01-01 -Paragraph 30 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=8&code=ifrs-tx-2019-en-r&anchor=para_30_b&doctype=Standard -URIDate 2019-03-27 + Details
Name: | ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration