v3.24.0.1
BUSINESS COMBINATIONS AND INVESTMENTS (Tables)
12 Months Ended
Dec. 31, 2023
BUSINESS COMBINATIONS AND INVESTMENTS  
Summary of purchase price allocation based on the best information available to GFL

The following table presents the purchase price allocation based on the best information available to GFL to date:

Year ended December 31,

    

2023

    

2022

Net working capital, including cash acquired of $6.9 million and $48.1 million, respectively

$

(26.4)

$

34.6

Property and equipment

469.5

614.6

Intangible assets

 

453.3

 

482.3

Goodwill

 

529.8

 

526.4

Lease obligations

 

(29.7)

 

(19.3)

Long-term debt

(182.5)

(64.1)

Other long-term liabilities

 

(1.1)

 

(8.0)

Landfill closure and post-closure obligations

 

(18.3)

 

(34.9)

Deferred income tax liabilities

 

(83.5)

 

(52.4)

1,111.1

1,479.2

Less:Non-controlling interests

(6.0)

Net assets acquired

$

1,111.1

$

1,473.2

Share capital in subsidiary issued

$

7.4

$

154.5

Cash paid

897.8

1,318.7

Contribution from non-controlling interests

 

205.9

 

Total Consideration

$

1,111.1

$

1,473.2

Summary of investments accounted for using the equity method

    

December 31, 2023

    

December 31, 2022

Investment in associates

$

229.1

 

272.1

Investment in joint ventures

 

89.9

 

54.5

$

319.0

$

326.6