Telesat Canada | CIK:0001465191 | 3

  • Filed: 3/1/2018
  • Entity registrant name: Telesat Canada (CIK: 0001465191)
  • Generator: S2 Filings
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1465191/000161577418001535/0001615774-18-001535-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1465191/000161577418001535/telesat-20171231.xml
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  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001465191
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  • ifrs-full:DescriptionOfAccountingPolicyForFinanceCostsExplanatory

    Financing Costs

     

    The debt issuance costs related to the Senior Secured Credit Facility and the Senior Notes are included in current and long-term indebtedness and are amortized to interest expense using the effective interest method. All other debt issuance costs are accounted for as short-term and long-term deferred charges and are included in prepaid expenses and other current assets and other long-term assets. The deferred charges are amortized to interest expense on a straight-line basis over the term of the indebtedness to which they relate.