2023 Consolidated Financial Statements and Notes
AIR CANADA
2023 Consolidated Financial Statements and Notes
The significant components of deferred income tax assets and liabilities were as follows:
(Canadian dollars in millions)
Deferred income tax assets
Non-capital losses
Accounting provisions not currently deductible for tax
Lease liabilities
Deferred income tax liabilities
Post-employment obligations - pension
Property, equipment, technology-based and other intangible assets
Indefinite-lived intangible assets
Other
Net recognized deferred income tax liabilities
Balance sheet presentation
Deferred income tax assets
Deferred income tax liabilities
Net recognized deferred income tax liabilities
SA
$
2023
2022
1,927
$
1,693
7
7
783
934
2,717
2,634
(460)
(423)
(2,135)
(2,103)
(73)
(73)
(72)
(60)
(2,740)
(2,659)
$
(23)
$
(25)
50
48
(73)
(73)
$
(23)
$
(25)
The following table presents the variation of the components of deferred income tax balances:
2023 income
January 1,
2023
statement
2023 OCI
movement
December 31, 2023
(Canadian dollars in millions)
movement
Non-capital losses
$
1,693
234
1,927
Accounting provisions not currently
deductible for tax
7
7
Lease liabilities
934
(151)
783
Post-employment obligations - pension
(423)
8
(45)
(460)
Property, equipment, technology-based
and other intangible assets
(2,103)
(32)
(2,135)
Indefinite-lived intangible assets
(73)
(73)
Other deferred tax liabilities
(60)
(12)
(72)
Total recognized deferred income tax
assets (liabilities)
(25)
47
(45)
(23)
47View entire presentation