The reconciliation of the liabilities arising from financing activities was as follows:
| Indebtedness | Satellite performance incentive payments |
Capital leases | ||||||||||
| Balance as at January 1, 2017(1) | $ | 3,856,097 | $ | 75,985 | $ | 422 | ||||||
| Debt issue costs | (42,867 | ) | — | — | ||||||||
| Cash outflows | (31,620 | ) | (8,436 | ) | (30 | ) | ||||||
| Amortization of deferred financing costs, interest rate floor and prepayment option | 14,988 | — | — | |||||||||
| Other | — | 18 | 2 | |||||||||
| Impact of foreign exchange | (253,221 | ) | (4,606 | ) | (25 | ) | ||||||
| Balance as at December 31, 2017 | $ | 3,543,377 | $ | 62,961 | $ | 369 | ||||||
| (1) Balance of the indebtedness as at January 1, 2017, included $4,459 of accrued debt issue costs associated with the November 2016 refinancing which were paid in 2017. |
| Indebtedness | Satellite performance incentive payments |
Capital leases | ||||||||||
| Balance as at January 1, 2016 | $ | 4,063,221 | $ | 87,026 | $ | — | ||||||
| Cash outflows | (4,008,356 | ) | (8,934 | ) | (30 | ) | ||||||
| Cash inflows | 3,935,576 | — | — | |||||||||
| Amortization of deferred financing costs, interest rate floors, prepayment option and premiums | 12,971 | — | — | |||||||||
| Debt issue costs | (58,141 | ) | — | — | ||||||||
| Accrued debt issue costs | (4,459 | ) | — | — | ||||||||
| Write off of debt issue costs, interest rate floors, prepayment option and premiums | 41,183 | — | — | |||||||||
| Non-cash additions (1) | (16,910 | ) | — | 474 | ||||||||
| Other | (150 | ) | 573 | (2 | ) | |||||||
| Impact of foreign exchange | (113,297 | ) | (2,680 | ) | (20 | ) | ||||||
| Balance as at December 31, 2016 | $ | 3,851,638 | $ | 75,985 | $ | 422 | ||||||
| (1) Non-cash additions for the indebtedness includes $(25,581) relating to the interest rate floors on the Senior Secured Credit Facilities and $8,671 relating to the prepayment option on the Senior Notes. |
| Indebtedness | Satellite performance incentive payments |
|||||||
| Balance as at January 1, 2015 | $ | 3,545,679 | $ | 57,728 | ||||
| Non-cash additions | — | 24,003 | ||||||
| Cash outflows | (73,864 | ) | (6,702 | ) | ||||
| Amortization of deferred financing costs, interest rate floors, prepayment option and premiums | 13,051 | — | ||||||
| Other | — | 627 | ||||||
| Impact of foreign exchange | 578,355 | 11,370 | ||||||
| Balance as at December 31, 2015 | $ | 4,063,221 | $ | 87,026 | ||||