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CONTRACTS IN PROGRESS | 12 Months Ended
--- | ---
Mar. 31, 2018
Recognised Revenue From Construction Contracts [Abstract] |
CONTRACTS IN PROGRESS | CONTRACTS IN PROGRESS
|  | 2018 |  |  | 2017 |
Contracts in progress: assets |  | $ | 401.6 |  |  | $ | 337.5 |
Contracts in progress: liabilities |  | (161.8 | ) |  | (191.9 | )
Contracts in progress: net assets |  | $ | 239.8 |  |  | $ | 145.6 |
Details of contracts in progress are as follows:
|  | 2018 |  |  | 2017 |
Aggregate amount of costs incurred plus recognized |  |  |  |  |  |
profits (less recognized losses) to date |  | $ | 2,694.6 |  |  | $ | 2,800.1 |
Less: progress billings |  | 2,454.8 |  |  | 2,654.5 |
Contracts in progress: net assets |  | $ | 239.8 |  |  | $ | 145.6 |
Advances received from customers on construction contracts related to work not yet commenced amounts to $15.1 million at March 31, 2018 (2017 – $20.2 million). Construction contracts revenue recognized in fiscal 2018 amounts to $851.7 million (2017 – $983.6 million ).

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- Definition Recognised Revenue From Construction Contracts + References No definition available. + Details
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- Definition The entire disclosure for revenue recognised from construction contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Note Expiry date 2018-01-01 -Name IAS -Number 11 -IssueDate 2017-01-01 -Section Disclosure -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=11&date=2017-03-02&anchor=sect_Disclosure&doctype=Standard&book=B -URIDate 2017-03-09 + Details
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