Financial assets and liabilities recorded on the balance sheets and the fair value hierarchy levels used to calculate those values were as follows:
| As at December 31, 2017 | Loans
and receivables |
FVTPL | Other financial liabilities |
Total | Fair value | Fair
value hierarchy |
||||||||||||||||||
| Cash and cash equivalents | $ | 479,045 | $ | — | $ | — | $ | 479,045 | $ | 479,045 | Level 1 | |||||||||||||
| Trade and other receivables | 64,986 | — | — | 64,986 | 64,986 | (3) | ||||||||||||||||||
| Other current financial assets (1) | 2,275 | 162 | — | 2,437 | 2,437 | Level 1, Level 2 | ||||||||||||||||||
| Other long-term financial assets (1) | 18,808 | 64,723 | — | 83,531 | 83,531 | Level 1, Level 2 | ||||||||||||||||||
| Trade and other payables | — | — | (37,919 | ) | (37,919 | ) | (37,919 | ) | (3) | |||||||||||||||
| Other current financial liabilities | — | (1 | ) | (26,354 | ) | (26,355 | ) | (27,791 | ) | Level 2 | ||||||||||||||
| Other long-term financial liabilities | — | (5,527 | ) | (53,304 | ) | (58,831 | ) | (59,648 | ) | Level 2 | ||||||||||||||
| Indebtedness (2) | — | — | (3,645,195 | ) | (3,645,195 | ) | (3,723,474 | ) | Level 2 | |||||||||||||||
| $ | 565,114 | $ | 59,357 | $ | (3,762,772 | ) | $ | (3,138,301 | ) | $ | (3,218,833 | ) | ||||||||||||
| As at December 31, 2016 | Loans
and receivables |
FVTPL | Other financial liabilities |
Total | Fair value | Fair
value hierarchy |
||||||||||||||||||
| Cash and cash equivalents | $ | 782,406 | $ | — | $ | — | $ | 782,406 | $ | 782,406 | Level 1 | |||||||||||||
| Trade and other receivables | 55,639 | — | — | 55,639 | 55,639 | (3) | ||||||||||||||||||
| Other current financial assets | 2,548 | — | — | 2,548 | 2,548 | Level 1 | ||||||||||||||||||
| Other long-term financial assets (1) | 20,756 | 14,931 | — | 35,687 | 35,687 | Level 1, Level 2 | ||||||||||||||||||
| Trade and other payables | — | — | (44,107 | ) | (44,107 | ) | (44,107 | ) | (3) | |||||||||||||||
| Other current financial liabilities | — | (761 | ) | (58,231 | ) | (58,992 | ) | (61,368 | ) | Level 2 | ||||||||||||||
| Other long-term financial liabilities | — | (13,952 | ) | (67,300 | ) | (81,252 | ) | (82,781 | ) | Level 2 | ||||||||||||||
| Indebtedness (2) | — | — | (3,930,048 | ) | (3,930,048 | ) | (3,992,467 | ) | Level 2 | |||||||||||||||
| $ | 861,349 | $ | 218 | $ | (4,099,686 | ) | $ | (3,238,119 | ) | $ | (3,304,443 | ) | ||||||||||||
| (1) | Other current and long-term financial assets classified as fair value through profit or loss were calculated using level 2 of the fair value hierarchy. All other balances were calculated using level 1 of the fair value hierarchy. |
| (2) | Indebtedness excludes deferred financing costs, interest rate floor and prepayment option. |
| (3) | Trade and other receivables and trade and other payables approximate fair value due to the short-term maturity of these instruments. |