XML 92 R71.htm IDEA: XBRL DOCUMENT
v3.21.2

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables) | 12 Months Ended
--- | ---
Mar. 31, 2021
Fair Value Measurement [Abstract] |
Disclosure of fair value measurement of assets | The carrying values and fair values of financial instruments, by category, are as follows:
|  |  |  |  | 2021 |  |  |  | 2020
| Level | Carrying value | Fair value | Carrying value | Fair value
|  |  | Total |  | Total |  | Total |  | Total
Financial assets (liabilities) measured at FVTPL |  |  |  |  |  |  |  |  |
Cash and cash equivalents | Level 1 | $ | 926.1 |  | $ | 926.1 |  | $ | 946.5 |  | $ | 946.5 |
Restricted cash | Level 1 |  | 11.4 |  |  | 11.4 |  |  | 12.4 |  |  | 12.4 |
Restricted funds for subscription receipts deposit | Level 2 |  | 700.1 |  |  | 700.1 |  |  | — |  |  | — |
Equity swap agreements | Level 2 |  | (0.6) |  |  | (0.6) |  |  | (55.5) |  |  | (55.5) |
Forward foreign currency contracts | Level 2 |  | 7.5 |  |  | 7.5 |  |  | (7.2) |  |  | (7.2) |
Contingent consideration arising on business combinations | Level 3 |  | (11.2) |  |  | (11.2) |  |  | — |  |  | — |
Derivatives assets (liabilities) designated in a hedge relationship |  |  |  |  |  |  |  |
Foreign currency and interest rate swap agreements | Level 2 |  | 5.1 |  |  | 5.1 |  |  | (0.3) |  |  | (0.3) |
Forward foreign currency contracts | Level 2 |  | 16.5 |  |  | 16.5 |  |  | (31.6) |  |  | (31.6) |
Financial assets (liabilities) measured at amortized cost |  |  |  |  |  |  |  |  |
Accounts receivable(1) | Level 2 |  | 478.7 |  |  | 478.7 |  |  | 514.5 |  |  | 514.5 |
Investment in finance leases | Level 2 |  | 128.5 |  |  | 141.0 |  |  | 155.0 |  |  | 183.2 |
Advances to a portfolio investment | Level 2 |  | 11.1 |  |  | 11.1 |  |  | 29.7 |  |  | 29.7 |
Other assets(2) | Level 2 |  | 28.6 |  |  | 29.0 |  |  | 22.1 |  |  | 20.5 |
Accounts payable and accrued liabilities(3) | Level 2 |  | (674.9) |  |  | (674.9) |  |  | (709.1) |  |  | (709.1) |
Liabilities for subscription receipts | Level 2 |  | (714.1) |  |  | (714.1) |  |  | — |  |  | — |
Total long-term debt(4) | Level 2 |  | (2,010.9) |  |  | (2,216.3) |  |  | (2,830.6) |  |  | (2,960.4) |
Other non-current liabilities(5) | Level 2 |  | (174.2) |  |  | (187.4) |  |  | (182.0) |  |  | (167.9) |
Financial assets measured at FVOCI |  |  |  |  |  |  |  |  |
Equity investments | Level 3 |  | 1.5 |  |  | 1.5 |  |  | 3.3 |  |  | 3.3 |
|  | $ | (1,270.8) |  | $ | (1,476.5) |  | $ | (2,132.8) |  | $ | (2,221.9) |
(1) Includes trade receivables, accrued receivables and certain other receivables. (2) Includes non-current receivables and certain other non-current assets. (3) Includes trade accounts payable, accrued liabilities, interest payable and current royalty obligations. (4) Excludes lease liabilities. The carrying value of long-term debt excludes transaction costs. (5) Includes non-current royalty obligations and other non-current liabilities.
Disclosure of fair value measurement of liabilities | The carrying values and fair values of financial instruments, by category, are as follows:
|  |  |  |  | 2021 |  |  |  | 2020
| Level | Carrying value | Fair value | Carrying value | Fair value
|  |  | Total |  | Total |  | Total |  | Total
Financial assets (liabilities) measured at FVTPL |  |  |  |  |  |  |  |  |
Cash and cash equivalents | Level 1 | $ | 926.1 |  | $ | 926.1 |  | $ | 946.5 |  | $ | 946.5 |
Restricted cash | Level 1 |  | 11.4 |  |  | 11.4 |  |  | 12.4 |  |  | 12.4 |
Restricted funds for subscription receipts deposit | Level 2 |  | 700.1 |  |  | 700.1 |  |  | — |  |  | — |
Equity swap agreements | Level 2 |  | (0.6) |  |  | (0.6) |  |  | (55.5) |  |  | (55.5) |
Forward foreign currency contracts | Level 2 |  | 7.5 |  |  | 7.5 |  |  | (7.2) |  |  | (7.2) |
Contingent consideration arising on business combinations | Level 3 |  | (11.2) |  |  | (11.2) |  |  | — |  |  | — |
Derivatives assets (liabilities) designated in a hedge relationship |  |  |  |  |  |  |  |
Foreign currency and interest rate swap agreements | Level 2 |  | 5.1 |  |  | 5.1 |  |  | (0.3) |  |  | (0.3) |
Forward foreign currency contracts | Level 2 |  | 16.5 |  |  | 16.5 |  |  | (31.6) |  |  | (31.6) |
Financial assets (liabilities) measured at amortized cost |  |  |  |  |  |  |  |  |
Accounts receivable(1) | Level 2 |  | 478.7 |  |  | 478.7 |  |  | 514.5 |  |  | 514.5 |
Investment in finance leases | Level 2 |  | 128.5 |  |  | 141.0 |  |  | 155.0 |  |  | 183.2 |
Advances to a portfolio investment | Level 2 |  | 11.1 |  |  | 11.1 |  |  | 29.7 |  |  | 29.7 |
Other assets(2) | Level 2 |  | 28.6 |  |  | 29.0 |  |  | 22.1 |  |  | 20.5 |
Accounts payable and accrued liabilities(3) | Level 2 |  | (674.9) |  |  | (674.9) |  |  | (709.1) |  |  | (709.1) |
Liabilities for subscription receipts | Level 2 |  | (714.1) |  |  | (714.1) |  |  | — |  |  | — |
Total long-term debt(4) | Level 2 |  | (2,010.9) |  |  | (2,216.3) |  |  | (2,830.6) |  |  | (2,960.4) |
Other non-current liabilities(5) | Level 2 |  | (174.2) |  |  | (187.4) |  |  | (182.0) |  |  | (167.9) |
Financial assets measured at FVOCI |  |  |  |  |  |  |  |  |
Equity investments | Level 3 |  | 1.5 |  |  | 1.5 |  |  | 3.3 |  |  | 3.3 |
|  | $ | (1,270.8) |  | $ | (1,476.5) |  | $ | (2,132.8) |  | $ | (2,221.9) |
(1) Includes trade receivables, accrued receivables and certain other receivables. (2) Includes non-current receivables and certain other non-current assets. (3) Includes trade accounts payable, accrued liabilities, interest payable and current royalty obligations. (4) Excludes lease liabilities. The carrying value of long-term debt excludes transaction costs. (5) Includes non-current royalty obligations and other non-current liabilities.
Disclosure of changes in level 3 financial instruments | Changes in level 3 financial instruments are as follows:
Balance as at March 31, 2020 | $ | 3.3 |
Additions – business combinations (Note 4) |  | (11.5) |
Total realized and unrealized losses included in other comprehensive income |  | (1.8) |
Total realized and unrealized gains included in income |  | 0.3 |
Balance as at March 31, 2021 | $ | (9.7) |

X
- Definition Disclosure of Changes in Level 3 Financial Instruments [Table Text Block] + References No definition available. + Details
Name: | cae_DisclosureofChangesinLevel3FinancialInstrumentsTableTextBlock
Namespace Prefix: | cae_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fair Value Measurement [Abstract] + References No definition available. + Details
Name: | cae_FairValueMeasurementAbstract
Namespace Prefix: | cae_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the fair value measurement of assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 13 -IssueDate 2020-01-01 -Paragraph 93 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=13&code=ifrs-tx-2020-en-r&anchor=para_93&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the fair value measurement of liabilities. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 13 -IssueDate 2020-01-01 -Paragraph 93 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=13&code=ifrs-tx-2020-en-r&anchor=para_93&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration