LEASES (Tables)

12 Months Ended

Mar. 31, 2021



					Machinery
	Buildings					and
	and land		Simulators		equipment			Aircraft	Total











Net book value as at April 1, 2019	$	241.8	$	183.7	$	7.3	$	—	$	432.8
Additions and remeasurements		30.1		(3.4)		0.6		—		27.3
Additions – business combinations (Note 4)		1.1		—		—		0.4		1.5
Depreciation		(25.3)		(20.1)		(3.1)		(0.2)		(48.7)
Transfers and others		(1.0)		(25.3)		0.2		—		(26.1)
Foreign currency exchange differences		5.2		3.9		—		—		9.1
Net book value as at March 31, 2020	$	251.9	$	138.8	$	5.0	$	0.2	$	395.9
Additions and remeasurements		(2.3)		0.1		16.1		13.0		26.9
Additions – business combinations (Note 4)		13.1		49.5		—		—		62.6
Depreciation		(29.0)		(17.2)		(3.4)		(0.5)		(50.1)
Impairment		(9.2)		—		—		—		(9.2)
Transfers and others		1.1		(97.1)		0.4		(0.2)		(95.8)
Foreign currency exchange differences		(13.6)		(8.2)		—		—		(21.8)
Net book value as at March 31, 2021	$	212.0	$	65.9	$	18.1	$	12.5	$	308.5

Undiscounted lease payments to be received under operating leases are as follows:


		2021		2020
Less than 1 year	$	28.6	$	38.3
Between 1 and 2 years		24.1		35.6
Between 2 and 3 years		20.6		30.4
Between 3 and 4 years		20.2		25.8
Between 4 and 5 years		17.9		25.3
More than 5 years		28.9		65.7
Total undiscounted lease payments receivable	$	140.3	$	221.1

Undiscounted lease payments to be received under finance leases are as follows:


		2021		2020
Less than 1 year	$	17.2	$	19.5
Between 1 and 2 years		17.2		19.8
Between 2 and 3 years		20.6		27.4
Between 3 and 4 years		10.6		10.3
Between 4 and 5 years		12.4		11.6
More than 5 years		124.8		146.8
Total undiscounted lease payments receivable	$	202.8	$	235.4
Unearned finance income		(65.2)		(71.4)
Discounted unguaranteed residual values of leased assets		(9.1)		(9.0)
Total investment in finance leases	$	128.5	$	155.0
Current portion (Note 12)		13.6		16.8
Non-current portion (Note 18)	$	114.9	$	138.2