v3.24.0.1
PROPERTY AND EQUIPMENT (Tables)
12 Months Ended
Dec. 31, 2023
PROPERTY AND EQUIPMENT  
Summary of property and equipment

The following table presents the changes in cost and accumulated depreciation of GFL’s property and equipment for the periods indicated:

    

Land,

    

    

    

Machinery

    

    

    

    

buildings and

and

Assets under

Right-of-

    

improvements

    

Landfills

    

Vehicles

    

equipment

    

development

    

Containers

    

use assets

    

Total

Cost

  

  

  

  

  

  

  

  

Balance, December 31, 2021

$

1,482.7

$

2,257.0

$

2,082.0

$

1,129.0

$

69.3

$

549.3

$

348.7

$

7,918.0

Additions

80.3

135.5

297.5

133.3

119.2

126.5

104.2

996.5

Acquisitions via business combinations

79.1

220.6

167.6

44.2

6.2

77.5

19.4

614.6

Adjustments for prior year acquisitions

122.0

(6.5)

(0.7)

1.5

116.3

Adjustments for asset retirement obligations

(183.1)

(183.1)

Disposals

(69.4)

(57.1)

(50.8)

(254.2)

(4.8)

(1.0)

(17.9)

(455.2)

Transfers

56.0

94.2

7.5

(1.4)

(148.7)

(3.2)

(4.4)

Changes in foreign exchange

58.4

156.0

96.8

31.3

10.4

39.9

5.5

398.3

Balance, December 31, 2022

 

1,687.1

 

2,745.1

 

2,594.1

 

1,081.5

 

51.6

 

789.0

 

457.0

 

9,405.4

Balance, December 31, 2022

 

1,687.1

 

2,745.1

 

2,594.1

 

1,081.5

 

51.6

 

789.0

 

457.0

 

9,405.4

Additions

 

118.6

 

286.5

 

386.9

 

204.7

 

140.0

 

94.2

 

101.5

 

1,332.4

Acquisitions via business combinations

 

81.0

 

120.1

 

112.8

 

79.8

 

0.5

 

45.6

 

29.7

 

469.5

Adjustments for prior year acquisitions

 

12.5

 

 

(0.2)

 

(0.4)

 

 

 

 

11.9

Adjustments for asset retirement obligations

 

 

22.5

 

 

 

 

 

 

22.5

Disposals

 

(74.2)

 

(45.2)

 

(250.9)

 

(48.1)

 

(6.5)

 

(57.3)

 

(21.3)

 

(503.5)

Transfers

12.7

13.2

9.8

(34.3)

0.3

(1.7)

Changes in foreign exchange

 

(25.5)

 

(64.6)

 

(45.7)

 

(15.6)

 

(2.6)

 

(18.9)

 

(3.0)

 

(175.9)

Balance, December 31, 2023

 

1,812.2

 

3,077.6

 

2,806.8

 

1,301.9

 

148.7

 

852.9

 

562.2

 

10,562.3

Accumulated depreciation

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

Balance, December 31, 2021

 

107.1

 

474.9

 

679.0

 

389.2

 

 

163.0

 

94.2

 

1,907.4

Depreciation

 

65.2

 

294.6

 

302.9

 

167.7

 

 

97.5

 

73.0

 

1,000.9

Disposals

 

(18.5)

 

(7.8)

 

(31.0)

 

(104.3)

 

 

(0.8)

 

(7.2)

 

(169.6)

Impairment

11.9

2.3

14.2

Changes in foreign exchange

 

5.3

 

42.4

 

36.4

 

13.4

 

 

12.8

 

1.9

 

112.2

Balance, December 31, 2022

 

171.0

 

804.1

 

987.3

 

468.3

 

 

272.5

 

161.9

 

2,865.1

Balance, December 31, 2022

 

171.0

 

804.1

 

987.3

 

468.3

 

 

272.5

 

161.9

 

2,865.1

Depreciation

 

70.0

 

283.8

 

288.3

 

166.8

 

 

116.3

 

74.8

 

1,000.0

Disposals

 

(13.7)

 

(19.8)

 

(132.0)

 

(28.3)

 

 

(26.9)

 

(11.5)

 

(232.2)

Impairment

8.7

0.1

8.8

Changes in foreign exchange

 

(3.1)

 

(22.8)

 

(18.3)

 

(7.1)

 

 

(7.7)

 

(1.1)

 

(60.1)

Balance, December 31, 2023

 

224.2

 

1,045.3

 

1,134.0

 

599.8

 

 

354.2

 

224.1

 

3,581.6

Carrying amounts

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

At December 31, 2022

$

1,516.1

$

1,941.0

$

1,606.8

$

613.2

$

51.6

$

516.5

$

295.1

$

6,540.3

At December 31, 2023

$

1,588.0

$

2,032.3

$

1,672.8

$

702.1

$

148.7

$

498.7

$

338.1

$

6,980.7