Air Canada 2012 Annual Report Download - page 131

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2012 Consolidated Financial Statements and Notes
131
The following is a maturity analysis, based on contractual undiscounted cash flows, for financial liabilities. The analysis
includes both the principal and interest component of the payment obligations on long-term debt and is based on interest
rates and the applicable foreign exchange rate effective as at December 31, 2012.
2013 2014 2015 2016 2017 Thereafter Total
Long-term debt obligations $ 666 $ 469 $ 1,523 $ 522 $ 623 $ 550 $4,353
Finance lease obligations 94 84 72 43 40 196 529
Accounts payable and accrued
liabilities 1,161 – – – – – 1,161
$ 1,921 $ 553 $ 1,595 $ 565 $ 663 $ 746 $ 6,043
Minimum Committed Purchase of Aeroplan Miles
The CPSA between the Corporation and Aeroplan outlines a requirement for the Corporation to purchase a minimum number
of Aeroplan Miles® from Aeroplan. The estimated minimum requirement for 2013 is $224. The annual commitment is based
on 85% of the average total Aeroplan Miles® actually issued in respect of Air Canada flights or Air Canada airline affiliate
products and services in the three preceding calendar years. During 2012, the Corporation purchased $257 of Aeroplan Miles®
from Aeroplan.