OTHER GAINS - NET

12 Months Ended

Mar. 31, 2020

Analysis of income and expense [abstract]

OTHER GAINS – NET



		2020			2019
Disposal of property, plant and equipment	$	7.0		$	1.2
Net gain on foreign currency exchange differences		41.6			24.8
Remeasurement of royalty obligations		1.9			7.9
Impairment of goodwill (Note 26)		(37.5	)		—
Other		(12.0	)		(11.6	)
Other gains – net	$	1.0		$	22.3

Other

During the year ended March 31, 2020, reorganizational costs of $9.7 million, which includes write-downs of inventories of $3.8 million and impairment of intangible assets of $3.2 million, were recognized in the Defence and Security segment following changes made in the segment organization and the review of certain product offerings. Additionally, write-downs of assets of $9.4 million, which includes impairment of property, plant and equipment of $1.8 million, and integration costs of Bombardier's BAT Business of $6.1 million were recognized in the Civil Aviation Training Solutions segment. These costs were offset by a remeasurement gain of $13.4 million, due to the decrease in fair value of a contingent consideration liability incurred in connection with a fiscal 2018 business combination.

During the year ended March 31, 2019, an impairment of $4.9 million on certain older assets in our network and acquisition and integration costs of Bombardier's BAT Business of $6.8 million were recognized in the Civil Aviation Training Solutions segment. These costs were offset by a gain of $3.7 million generated primarily from the remeasurement to fair value of the previously held interest in CFTPL.