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INTANGIBLE ASSETS
12 Months Ended
Mar. 31, 2018
Intangible Assets [Abstract]  
INTANGIBLE ASSETS
INTANGIBLE ASSETS 
  
 
 
Capitalized
 
 
 
ERP and
 
 
 
 
Other

 
 
 
 Goodwill
 
development
 
Customer
 
 
other

 
 
intangible
 
 
 
 (amounts in millions)
 (Note 20)
 
 
costs

relationships
 
 
software

Technology
 
 
assets

 
Total

Net book value at March 31, 2016
 
$
556.6

 
$
157.2

 
$
100.7

 
$
70.2

 
$
17.3

 
$
27.2

 
$
929.2

Additions – internal development
 

 
37.8

 

 
13.1

 

 

 
50.9

Additions – acquired separately
 

 

 
0.2

 

 

 
0.8

 
1.0

Acquisition of subsidiaries
 
4.9

 

 
23.6

 
0.6

 

 

 
29.1

Amortization
 

 
(24.3
)
 
(19.6
)
 
(17.3
)
 
(4.8
)
 
(3.1
)
 
(69.1
)
Transfers and others
 

 
(2.6
)
 
(0.4
)
 
(0.8
)
 
(0.8
)
 
7.4

 
2.8

Exchange differences
 
(1.5
)
 
0.1

 
1.8

 

 
0.3

 
(0.6
)
 
0.1

Net book value at March 31, 2017
 
$
560.0

 
$
168.2

 
$
106.3

 
$
65.8

 
$
12.0

 
$
31.7

 
$
944.0

Additions – internal development
 

 
32.5

 

 
14.8

 

 

 
47.3

Acquisition of subsidiaries (Note 3)
 
57.6

 

 
61.6

 
0.3

 

 

 
119.5

Disposal and remeasurement of
 
 
 
 
 
 
 
 
 
 
 
 
 
 
interest in investment (Note 21)

 
(10.9
)
 

 

 

 

 

 
(10.9
)
Amortization
 

 
(25.8
)
 
(20.0
)
 
(16.2
)
 
(2.5
)
 
(3.8
)
 
(68.3
)
Transfers and others
 

 
(1.0
)
 
(0.1
)
 
0.3

 

 
(1.1
)
 
(1.9
)
Exchange differences
 
18.8

 
(0.2
)
 
6.7

 
(0.1
)
 
(0.3
)
 
1.0

 
25.9

Net book value at March 31, 2018
 
$
625.5

 
$
173.7

 
$
154.5

 
$
64.9

 
$
9.2

 
$
27.8

 
$
1,055.6

 
 
 
 
Capitalized
 
 
 
ERP and
 
 
 
 
Other

 
 
 
 
 
development
 
Customer
 
 
other

 
 
intangible
 
 
 
 
 
Goodwill

 
costs

relationships
 
 
software

Technology
 
 
assets

 
Total

Cost
 
$
560.0

 
$
276.0

 
$
202.9

 
$
171.4

 
$
50.7

 
$
55.6

 
$
1,316.6

Accumulated amortization
 

 
(107.8
)
 
(96.6
)
 
(105.6
)
 
(38.7
)
 
(23.9
)
 
(372.6
)
Net book value at March 31, 2017
 
$
560.0

 
$
168.2

 
$
106.3

 
$
65.8

 
$
12.0

 
$
31.7

 
$
944.0

Cost
 
$
625.5

 
$
306.8

 
$
273.8

 
$
186.2

 
$
49.7

 
$
54.4

 
$
1,496.4

Accumulated amortization
 

 
(133.1
)
 
(119.3
)
 
(121.3
)
 
(40.5
)
 
(26.6
)
 
(440.8
)
Net book value at March 31, 2018
 
$
625.5

 
$
173.7

 
$
154.5

 
$
64.9

 
$
9.2

 
$
27.8

 
$
1,055.6



For the year ended March 31, 2018, amortization of $41.8 million (2017$44.5 million) has been recorded in cost of sales, $25.0 million (2017$23.2 million) in research and development expenses and $1.5 million (2017$1.4 million) in selling, general and administrative expenses.
 
As at March 31, 2018, the average remaining amortization period for the capitalized development costs is 5.1 years (2017 – 5.5 years).
 
The categories of capitalized development costs and ERP and other software both primarily consist of internally generated intangible assets.
 
The Company has no indefinite life intangible assets other than goodwill.