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OPERATING SEGMENTS AND GEOGRAPHIC INFORMATION (Tables) | 12 Months Ended
--- | ---
Mar. 31, 2021
Disclosure of operating segments [abstract] |
Results by segment |
| Civil Aviation | Defence |  |  |  |  |  |  |
| Training Solutions | and Security | Healthcare |  |  |  | Total
| 2021 | 2020 | 2021 | 2020 | 2021 |  | 2020 |  | 2021 |  | 2020
External revenue | $ | 1,412.9 |  | $ | 2,167.5 |  | $ | 1,217.1 |  | $ | 1,331.2 |  | $ | 351.9 |  |  | $ | 124.5 |  |  | $ | 2,981.9 |  |  | $ | 3,623.2 |
Depreciation and amortization | 242.9 |  | 232.8 |  | 54.3 |  | 58.2 |  | 22.3 |  |  | 14.4 |  |  | 319.5 |  |  | 305.4 |
Impairment of non-financial assets – net | 119.9 |  | 3.1 |  | 43.2 |  | 8.1 |  | 8.6 |  |  | 37.7 |  |  | 171.7 |  |  | 48.9 |
Impairment of accounts receivable – net | 8.9 |  | 5.4 |  | — |  | — |  | 0.9 |  |  | 0.1 |  |  | 9.8 |  |  | 5.5 |
Share of after-tax profit (loss) of equity accounted investees | 5.2 |  | 18.3 |  | (2.5) |  | 9.2 |  | — |  |  | — |  |  | 2.7 |  |  | 27.5 |
Operating income (loss) | 6.5 |  | 473.3 |  | 15.5 |  | 104.8 |  | 26.4 |  |  | (41.0) |  |  | 48.4 |  |  | 537.1 |
Adjusted segment operating income (loss) | 164.3 |  | 479.4 |  | 87.0 |  | 114.5 |  | 29.3 |  |  | (3.5) |  |  | 280.6 |  |  | 590.4 |
Reconciliation of adjusted segment operating income is as follows:
| Civil Aviation | Defence |  |  |  |  |  |  |  |
| Training Solutions | and Security |  | Healthcare |  |  |  | Total
| 2021 | 2020 | 2021 | 2020 |  | 2021 |  | 2020 |  | 2021 |  | 2020
Operating income (loss) | $ | 6.5 |  | $ | 473.3 |  | $ | 15.5 |  | $ | 104.8 |  |  | $ | 26.4 |  |  | $ | (41.0) |  |  | $ | 48.4 |  |  | $ | 537.1 |
Restructuring, integration and acquisition costs (Note 8) | 76.1 |  | 6.1 |  | 45.0 |  | 9.7 |  |  | 2.9 |  |  | — |  |  | 124.0 |  |  | $ | 15.8 |
Impairment of goodwill (Note 29) | — | — |  | — |  | — |  |  | — |  |  | 37.5 |  |  | — |  | $ | 37.5 |
Impairments and other gains and losses incurred |  |  |  |  |  |  |  |  |  |  |  |
in relation to the COVID-19 pandemic(1) | 81.7 |  | — |  | 26.5 |  | — |  |  | — |  |  | — |  |  | 108.2 |  |  | $ | — |
Adjusted segment operating income (loss) | $ | 164.3 |  | $ | 479.4 |  | $ | 87.0 |  | $ | 114.5 |  |  | $ | 29.3 |  |  | $ | (3.5) |  |  | $ | 280.6 |  |  | $ | 590.4 |
(1) Mainly from impairment charges on non-financial assets of $103.5 million (Note 7). This reconciling item does not adjust for COVID-19 government support programs credited to income of $127.4 million (Note 28). Capital expenditures by segment, which consist of additions to property, plant and equipment and intangible assets, are as follows:
|  | 2021 |  | 2020
Civil Aviation Training Solutions |  | $ | 116.7 |  |  | $ | 296.3 |
Defence and Security |  | 27.5 |  |  | 74.8 |
Healthcare |  | 19.4 |  |  | 12.9 |
Total capital expenditures |  | $ | 163.6 |  |  | $ | 384.0 |
Assets and liabilities employed by segment are reconciled to total assets and liabilities as follows:
|  | 2021 |  | 2020
Assets employed |  |  |  |
Civil Aviation Training Solutions | $ | 4,847.5 |  | $ | 5,089.5 |
Defence and Security |  | 1,561.9 |  |  | 1,767.5 |
Healthcare |  | 250.2 |  |  | 253.9 |
Assets not included in assets employed |  | 2,088.8 |  |  | 1,372.7 |
Total assets | $ | 8,748.4 |  | $ | 8,483.6 |
Liabilities employed |  |  |  |
Civil Aviation Training Solutions | $ | 1,039.4 |  | $ | 1,219.9 |
Defence and Security |  | 540.5 |  |  | 613.5 |
Healthcare |  | 159.3 |  |  | 45.9 |
Liabilities not included in liabilities employed |  | 3,796.4 |  |  | 4,026.0 |
Total liabilities | $ | 5,535.6 |  | $ | 5,905.3 |
Products and services information | The Company's revenue from external customers for its products and services are as follows:
|  | 2021 |  | 2020
Products | $ | 1,359.7 |  | $ | 1,537.0 |
Training and services |  | 1,622.2 |  |  | 2,086.2 |
Total external revenue | $ | 2,981.9 |  | $ | 3,623.2 |
Geographic information | The Company markets its products and services globally. Revenues are attributed to geographical regions based on the location of customers. Non-current assets other than financial instruments and deferred tax assets are attributed to geographical regions based on the location of the assets, excluding goodwill. Goodwill is presented by geographical regions based on the Company’s allocation of the related purchase price.
|  | 2021 |  | 2020
External revenue |  |  |  |
Canada | $ | 455.9 |  | $ | 323.2 |
United States |  | 1,324.2 |  |  | 1,541.8 |
United Kingdom |  | 137.7 |  |  | 208.8 |
Rest of Americas |  | 55.0 |  |  | 127.7 |
Europe |  | 553.2 |  |  | 631.7 |
Asia |  | 381.4 |  |  | 707.1 |
Oceania and Africa |  | 74.5 |  |  | 82.9 |
| $ | 2,981.9 |  | $ | 3,623.2 |
|  | 2021 |  | 2020
Non-current assets other than financial instruments and deferred tax assets |  |  |  |
Canada | $ | 1,459.1 |  | $ | 1,449.4 |
United States |  | 1,571.1 |  |  | 1,845.5 |
United Kingdom |  | 358.8 |  |  | 403.4 |
Rest of Americas |  | 205.6 |  |  | 250.4 |
Europe |  | 906.2 |  |  | 801.0 |
Asia |  | 501.6 |  |  | 586.9 |
Oceania and Africa |  | 81.8 |  |  | 35.1 |
| $ | 5,084.2 |  | $ | 5,371.7 |

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