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INTANGIBLE ASSETS
12 Months Ended
Mar. 31, 2019
Intangible Assets [Abstract]  
INTANGIBLE ASSETS
INTANGIBLE ASSETS 
 
 
Capitalized
 
 
 
 
ERP and
 
 
 
 
Other

 
 
 (amounts in millions)
 
development
 
Customer
 
 
other
 
 
intangible
 
 
 
 
 Goodwill
 
 
costs

relationships
 
Licenses
 
software
 
Technology
 
 
assets

 
Total

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
 
(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

Additions – internal development
 


69.4






17.2





 
86.6

Additions – through the monetization
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
of royalties (Note 30)
 






156.7







 
156.7

Acquisition of subsidiaries (Note 3)
 
443.0

 
7.6

 
191.4

 
169.5

 

 

 

 
811.5

Amortization
 

 
(30.5
)
 
(22.4
)
 
(2.3
)
 
(14.3
)
 
(2.0
)
 
(3.4
)
 
(74.9
)
Transfers and others
 

 
(10.0
)
 

 

 
2.7

 
(0.1
)
 
0.6

 
(6.8
)
Exchange differences
 
(0.8
)
 
0.4

 
(0.7
)
 
0.5

 
0.2

 
0.2

 
(0.6
)
 
(0.8
)
Net book value at March 31, 2019
$
1,067.7

$
210.6

$
322.8

$
324.4

$
70.7

$
7.3

$
24.4

$
2,027.9

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Capitalized
 
 
 
 
ERP and

 
 
 
 
Other

 
 
 
 
development
 
Customer
 
 
other
 
 
intangible
 
 
 
 
Goodwill
 
 
costs

relationships
 
Licenses
 
 
software

Technology

 
 
assets


 
Total

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

Cost
$
1,067.7

$
375.0

$
460.9

$
326.7

$
208.8

$
50.5

$
53.6

$
2,543.2

Accumulated amortization
 

 
(164.4
)
 
(138.1
)
 
(2.3
)
 
(138.1
)
 
(43.2
)
 
(29.2
)
 
(515.3
)
Net book value at March 31, 2019
$
1,067.7

$
210.6

$
322.8

$
324.4

$
70.7

$
7.3

$
24.4

$
2,027.9



For the year ended March 31, 2019, amortization of $43.7 million (2018$41.8 million) has been recorded in cost of sales, $29.4 million (2018$25.0 million) in research and development expenses and $1.8 million (2018$1.5 million) in selling, general and administrative expenses.
 
As at March 31, 2019, the average remaining amortization period for the capitalized development costs is 5.2 years (2018 – 5.1 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.