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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:
20212020
LevelCarrying valueFair valueCarrying valueFair value
TotalTotalTotalTotal
Financial assets (liabilities) measured at FVTPL
Cash and cash equivalentsLevel 1$926.1 
$
926.1 $946.5 $946.5 
Restricted cashLevel 111.4 11.4 12.4 12.4 
Restricted funds for subscription receipts deposit
Level 2700.1 700.1 — — 
Equity swap agreementsLevel 2(0.6)(0.6)(55.5)(55.5)
Forward foreign currency contractsLevel 27.5 7.5 (7.2)(7.2)
Contingent consideration arising on business combinationsLevel 3(11.2)(11.2)— — 
Derivatives assets (liabilities) designated in a hedge relationship
Foreign currency and interest rate swap agreementsLevel 25.1 5.1 (0.3)(0.3)
Forward foreign currency contractsLevel 216.5 16.5 (31.6)(31.6)
Financial assets (liabilities) measured at amortized cost
Accounts receivable(1)
Level 2478.7 478.7 514.5 514.5 
Investment in finance leasesLevel 2128.5 141.0 155.0 183.2 
Advances to a portfolio investmentLevel 211.1 11.1 29.7 29.7 
Other assets(2)
Level 228.6 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 investmentsLevel 31.5 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:
20212020
LevelCarrying valueFair valueCarrying valueFair value
TotalTotalTotalTotal
Financial assets (liabilities) measured at FVTPL
Cash and cash equivalentsLevel 1$926.1 
$
926.1 $946.5 $946.5 
Restricted cashLevel 111.4 11.4 12.4 12.4 
Restricted funds for subscription receipts deposit
Level 2700.1 700.1 — — 
Equity swap agreementsLevel 2(0.6)(0.6)(55.5)(55.5)
Forward foreign currency contractsLevel 27.5 7.5 (7.2)(7.2)
Contingent consideration arising on business combinationsLevel 3(11.2)(11.2)— — 
Derivatives assets (liabilities) designated in a hedge relationship
Foreign currency and interest rate swap agreementsLevel 25.1 5.1 (0.3)(0.3)
Forward foreign currency contractsLevel 216.5 16.5 (31.6)(31.6)
Financial assets (liabilities) measured at amortized cost
Accounts receivable(1)
Level 2478.7 478.7 514.5 514.5 
Investment in finance leasesLevel 2128.5 141.0 155.0 183.2 
Advances to a portfolio investmentLevel 211.1 11.1 29.7 29.7 
Other assets(2)
Level 228.6 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 investmentsLevel 31.5 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$3.3 
Additions – business combinations (Note 4)
(11.5)
Total realized and unrealized losses included in other comprehensive income(1.8)
Total realized and unrealized gains included in income0.3 
Balance as at March 31, 2021$(9.7)