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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables) | 12 Months Ended
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Mar. 31, 2019
Fair Value Measurement [Abstract] |
Disclosure of fair value measurement of assets | The carrying values and fair values of financial instruments, by class, are as follows at March 31, 2019 and 2018:
|  |  |  |  | 2019 |  |  |  | 2018
| Level | Carrying Value |  | Fair value |  | Carrying Value |  | Fair value |
|  |  | Total |  |  | Total |  |  | Total |  |  | Total |
|  |  |  |  |  |  | Restated |  | Restated
Financial assets (liabilities) carried at FVTPL(1) |  |  |  |  |  |  |  |  |
Cash and cash equivalents | Level 1 | $ | 446.1 |  | $ | 446.1 |  | $ | 611.5 |  | $ | 611.5 |
Restricted cash | Level 1 |  | 27.3 |  |  | 27.3 |  |  | 31.8 |  |  | 31.8 |
Embedded foreign currency derivatives | Level 2 |  | 0.1 |  |  | 0.1 |  |  | 0.9 |  |  | 0.9 |
Equity swap agreements | Level 2 |  | 10.4 |  |  | 10.4 |  |  | 1.5 |  |  | 1.5 |
Forward foreign currency contracts | Level 2 |  | (2.5 | ) |  | (2.5 | ) |  | (2.1 | ) |  | (2.1 | )
Contingent consideration arising on business combinations | Level 3 |  | (11.9 | ) |  | (11.9 | ) |  | (11.0 | ) |  | (11.0 | )
Derivatives assets (liabilities) designated in a hedge relationship |  |  |  |  |  |  |  |
Foreign currency swap agreements | Level 2 |  | 11.1 |  |  | 11.1 |  |  | 10.6 |  |  | 10.6 |
Forward foreign currency contracts | Level 2 |  | (6.5 | ) |  | (6.5 | ) |  | (8.7 | ) |  | (8.7 | )
Interest rate swap Agreements | Level 2 |  | — |  |  | — |  |  | 0.1 |  |  | 0.1 |
Financial assets (liabilities) classified as amortized cost |  |  |  |  |  |  |  |  |
Accounts receivable(2) | Level 2 |  | 451.7 |  |  | 451.7 |  |  | 416.0 |  |  | 416.0 |
Investment in finance leases | Level 2 |  | 91.5 |  |  | 103.1 |  |  | 93.8 |  |  | 101.4 |
Advances to a portfolio investment | Level 2 |  | 29.5 |  |  | 29.5 |  |  | 38.1 |  |  | 38.4 |
Other assets(3) | Level 2 |  | 25.7 |  |  | 25.7 |  |  | 30.8 |  |  | 30.8 |
Accounts payable and accrued liabilities(4) | Level 2 |  | (770.8 | ) |  | (770.8 | ) |  | (588.2 | ) |  | (588.2 | )
Total long-term debt(5) | Level 2 |  | (2,335.4 | ) |  | (2,470.7 | ) |  | (1,262.9 | ) |  | (1,322.8 | )
Other non-current liabilities(6) | Level 2 |  | (164.0 | ) |  | (184.6 | ) |  | (156.5 | ) |  | (177.4 | )
Financial assets carried at FVOCI(7) |  |  |  |  |  |  |  |  |
Equity investments | Level 3 |  | 3.3 |  |  | 3.3 |  |  | 1.5 |  |  | 1.5 |
|  | $ | (2,194.4 | ) | $ | (2,338.7 | ) | $ | (792.8 | ) | $ | (865.7 | )
(1) FVTPL: Fair value through profit and loss. (2) Includes trade receivables, accrued receivables and certain other receivables. (3) Includes non-current receivables and certain other non-current assets. (4) Includes trade accounts payable, accrued liabilities, interest payable, certain payroll-related liabilities and current royalty obligations. (5) The carrying value excludes transaction costs. (6) Includes non-current royalty obligations and other non-current liabilities. (7) FVOCI: Fair value through other comprehensive income.
Disclosure of fair value measurement of liabilities | The carrying values and fair values of financial instruments, by class, are as follows at March 31, 2019 and 2018:
|  |  |  |  | 2019 |  |  |  | 2018
| Level | Carrying Value |  | Fair value |  | Carrying Value |  | Fair value |
|  |  | Total |  |  | Total |  |  | Total |  |  | Total |
|  |  |  |  |  |  | Restated |  | Restated
Financial assets (liabilities) carried at FVTPL(1) |  |  |  |  |  |  |  |  |
Cash and cash equivalents | Level 1 | $ | 446.1 |  | $ | 446.1 |  | $ | 611.5 |  | $ | 611.5 |
Restricted cash | Level 1 |  | 27.3 |  |  | 27.3 |  |  | 31.8 |  |  | 31.8 |
Embedded foreign currency derivatives | Level 2 |  | 0.1 |  |  | 0.1 |  |  | 0.9 |  |  | 0.9 |
Equity swap agreements | Level 2 |  | 10.4 |  |  | 10.4 |  |  | 1.5 |  |  | 1.5 |
Forward foreign currency contracts | Level 2 |  | (2.5 | ) |  | (2.5 | ) |  | (2.1 | ) |  | (2.1 | )
Contingent consideration arising on business combinations | Level 3 |  | (11.9 | ) |  | (11.9 | ) |  | (11.0 | ) |  | (11.0 | )
Derivatives assets (liabilities) designated in a hedge relationship |  |  |  |  |  |  |  |
Foreign currency swap agreements | Level 2 |  | 11.1 |  |  | 11.1 |  |  | 10.6 |  |  | 10.6 |
Forward foreign currency contracts | Level 2 |  | (6.5 | ) |  | (6.5 | ) |  | (8.7 | ) |  | (8.7 | )
Interest rate swap Agreements | Level 2 |  | — |  |  | — |  |  | 0.1 |  |  | 0.1 |
Financial assets (liabilities) classified as amortized cost |  |  |  |  |  |  |  |  |
Accounts receivable(2) | Level 2 |  | 451.7 |  |  | 451.7 |  |  | 416.0 |  |  | 416.0 |
Investment in finance leases | Level 2 |  | 91.5 |  |  | 103.1 |  |  | 93.8 |  |  | 101.4 |
Advances to a portfolio investment | Level 2 |  | 29.5 |  |  | 29.5 |  |  | 38.1 |  |  | 38.4 |
Other assets(3) | Level 2 |  | 25.7 |  |  | 25.7 |  |  | 30.8 |  |  | 30.8 |
Accounts payable and accrued liabilities(4) | Level 2 |  | (770.8 | ) |  | (770.8 | ) |  | (588.2 | ) |  | (588.2 | )
Total long-term debt(5) | Level 2 |  | (2,335.4 | ) |  | (2,470.7 | ) |  | (1,262.9 | ) |  | (1,322.8 | )
Other non-current liabilities(6) | Level 2 |  | (164.0 | ) |  | (184.6 | ) |  | (156.5 | ) |  | (177.4 | )
Financial assets carried at FVOCI(7) |  |  |  |  |  |  |  |  |
Equity investments | Level 3 |  | 3.3 |  |  | 3.3 |  |  | 1.5 |  |  | 1.5 |
|  | $ | (2,194.4 | ) | $ | (2,338.7 | ) | $ | (792.8 | ) | $ | (865.7 | )
(1) FVTPL: Fair value through profit and loss. (2) Includes trade receivables, accrued receivables and certain other receivables. (3) Includes non-current receivables and certain other non-current assets. (4) Includes trade accounts payable, accrued liabilities, interest payable, certain payroll-related liabilities and current royalty obligations. (5) The carrying value excludes transaction costs. (6) Includes non-current royalty obligations and other non-current liabilities. (7) FVOCI: Fair value through other comprehensive income.
Disclosure of changes in level 3 financial instruments | Change in level 3 financial instruments are as follows:
|  |  |  | 2019
Balance, beginning of year |  |  | $ | (9.5 | )
Total realized and unrealized losses: |  |  |  |
Included in income |  |  |  | (0.9 | )
Issued and settled |  |  |  | 1.8 |
Balance, end of year |  |  | $ | (8.6 | )

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