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FINANCE EXPENSE - NET | 12 Months Ended
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Mar. 31, 2018
Analysis of income and expense [abstract] |
FINANCE EXPENSE - NET | FINANCE EXPENSE – NET
|  | 2018 |  |  | 2017 |
Finance expense: |  |  |  |  |  |
Long-term debt (other than finance leases) |  | $ | 53.5 |  |  | $ | 53.7 |
Finance leases |  | 9.0 |  |  | 10.5 |
Royalty obligations |  | 11.9 |  |  | 10.6 |
Employee benefits obligations (Note 14) |  | 4.9 |  |  | 5.2 |
Financing cost amortization |  | 1.4 |  |  | 1.5 |
Other |  | 12.9 |  |  | 5.7 |
Borrowing costs capitalized (1) |  | (3.7 | ) |  | (3.2 | )
Finance expense |  | $ | 89.9 |  |  | $ | 84.0 |
Finance income: |  |  |  |  |  |
Loans and finance lease contracts |  | $ | (9.9 | ) |  | $ | (8.2 | )
Other |  | (3.8 | ) |  | (3.4 | )
Finance income |  | $ | (13.7 | ) |  | $ | (11.6 | )
Finance expense – net |  | $ | 76.2 |  |  | $ | 72.4 |
(1) The average capitalization rate used during fiscal 2018 to determine the amount of borrowing costs eligible for capitalization was 4.33% (2017 – 4.37%).

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- Definition The disclosure of finance income (cost). [Refer: Finance income (cost)] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2017-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2017-03-01&anchor=para_10_e&doctype=Standard -URIDate 2017-03-09 + Details
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