Supplemental Information

12 Months Ended

Dec. 31, 2024

Disclosure Of Supplemental Information [Abstract]

NOTE 24. SUPPLEMENTAL INFORMATION

Components of changes in non-cash working capital balances were as follows:


	2024			2023
Accounts receivable	$	59,415		$	30,431
Inventory		(6,181	)		(637	)
Accounts payable and accrued liabilities		(54,903	)		(50,787	)
	$	(1,669	)	$	(20,993	)
Pertaining to:
Operations	$	18,711		$	(32,838	)
Investments		(20,380	)		11,845

The components of accounts receivable were as follows:


	2024		2023
Trade	$	263,210	$	305,141
Accrued trade		33,472		29,363
Prepaids and other		82,030		86,923
	$	378,712	$	421,427

The components of accounts payable and accrued liabilities were as follows:


	2024		2023
Accounts payable	$	113,336	$	151,348
Accrued liabilities:
Payroll		104,270		109,057
Deferred Income		36,157		46,060
Interest Payable		26,409		29,293
Other		34,183		14,991
	$	314,355	$	350,749

Precision presents expenses in the consolidated statements of net earnings by function with the exception of depreciation and amortization and gain on asset disposals, which are presented by nature. Operating expense and general and administrative expense would include $287 million (2023 – $269 million) and $6 million (2023 – $14 million), respectively, of depreciation and amortization and gain on asset disposals, if the statements of net earnings were presented purely by function. The following table presents operating and general and administrative expenses by nature:


	2024		2023
Wages, salaries and benefits	$	870,179	$	846,216
Purchased materials, supplies and services		463,512		445,927
Share-based compensation		47,416		34,593
	$	1,381,107	$	1,326,736
Allocated to:
Operating expense	$	1,248,686	$	1,204,548
General and administrative		132,421		122,188
	$	1,381,107	$	1,326,736