CELESTICA INC | CIK:0001030894 | 3

  • Filed: 3/12/2018
  • Entity registrant name: CELESTICA INC (CIK: 0001030894)
  • Generator: Workiva (WebFilings)
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1030894/000162828018003056/0001628280-18-003056-index.htm
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    • ifrs-full:DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsExplanatory

    Changes in deferred tax assets and liabilities for the periods indicated are as follows:
     
     
    Unrealized
    foreign
    exchange
    gains
     
    Accounting
    provisions
    not
    currently
    deductible
     
    Pensions and
    non-pension
    post-retirement
    benefits
     
    Tax
    losses
    carried
    forward
     
    Property,
    plant and
    equipment
    and
    intangibles
     
    Other
     
    Reclassification 
    between 
    deferred tax 
    assets and 
    deferred tax 
    liabilities(i)
     
    Total
    Deferred tax assets:
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Balance — January 1, 2016
     
    $
    —

     
    $
    10.8

     
    $
    —

     
    $
    47.8

     
    $
    —

     
    $
    20.8

     
    $
    (39.3
    )
     
    $
    40.1

    Credited (charged) to net earnings
     
    —

     
    0.2

     
    —

     
    (4.5
    )
     
    —

     
    (8.8
    )
     
    —

     
    (13.1
    )
    Credited (charged) directly to equity
     
    —

     
    —

     
    —

     
    (13.3
    )
     
    —

     
    0.6

     
    —

     
    (12.7
    )
    Effects of foreign exchange
     
    —

     
    (0.6
    )
     
    —

     
    0.2

     
    —

     
    —

     
    —

     
    (0.4
    )
    Other
     
    —

     
    —

     
    —

     
    —

     
    —

     
    —

     
    22.5

     
    22.5

    Balance — December 31, 2016
     
    —

     
    10.4

     
    —

     
    30.2

     
    —

     
    12.6

     
    (16.8
    )
     
    36.4

    Credited (charged) to net earnings
     
    —

     
    (1.9
    )
     
    —

     
    4.5

     
    —

     
    (14.8
    )
     
    —

     
    (12.2
    )
    Charged directly to equity
     
    —

     
    —

     
    —

     
    (1.7
    )
     
    —

     
    —

     
    —

     
    (1.7
    )
    Effects of foreign exchange
     
    —

     
    0.3

     
    —

     
    1.6

     
    —

     
    —

     
    —

     
    1.9

    Other
     
    —

     
    —

     
    —

     
    —

     
    6.3

     
    2.2

     
    6.3

     
    14.8

    Balance — December 31, 2017
     
    $
    —

     
    $
    8.8

     
    $
    —

     
    $
    34.6

     
    $
    6.3

     
    $
    —

     
    $
    (10.5
    )
     
    $
    39.2

    Deferred tax liabilities:
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Balance — January 1, 2016
     
    $
    30.6

     
    $
    —

     
    $
    24.1

     
    $
    —

     
    $
    10.4

     
    $
    —

     
    $
    (39.3
    )
     
    $
    25.8

    Charged (credited) to net earnings
     
    (4.3
    )
     
    —

     
    —

     
    —

     
    2.0

     
    (0.3
    )
     
    —

     
    (2.6
    )
    Charged (credited) directly to equity
     
    —

     
    —

     
    (11.9
    )
     
    —

     
    —

     
    0.3

     
    —

     
    (11.6
    )
    Effects of foreign exchange
     
    0.2

     
    —

     
    —

     
    —

     
    0.4

     
    0.1

     
    —

     
    0.7

    Other
     
    —

     
    —

     
    —

     
    —

     
    —

     
    —

     
    22.5

     
    22.5

    Balance — December 31, 2016
     
    26.5

     
    —

     
    12.2

     
    —

     
    12.8

     
    0.1

     
    (16.8
    )
     
    34.8

    Charged (credited) to net earnings
     
    (2.9
    )
     
    —

     
    0.1

     
    —

     
    (18.7
    )
     
    (2.5
    )
     
    —

     
    (24.0
    )
    Charged (credited) directly to equity
     
    —

     
    —

     
    (1.7
    )
     
    —

     
    —

     
    2.5

     
    —

     
    0.8

    Effects of foreign exchange
     
    1.6

     
    —

     
    —

     
    —

     
    (0.4
    )
     
    —

     
    —

     
    1.2

    Other
     
    —

     
    —

     
    —

     
    —

     
    6.3

     
    2.1

     
    6.3

     
    14.7

    Balance — December 31, 2017
     
    $
    25.2

     
    $
    —

     
    $
    10.6

     
    $
    —

     
    $
    —

     
    $
    2.2

     
    $
    (10.5
    )
     
    $
    27.5


    (i)
    This reclassification reflects the offsetting of deferred tax assets and deferred tax liabilities to the extent they relate to the same taxing authorities and there is a legally enforceable right to such offset.