PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Mar. 31, 2022

Property, plant and equipment [abstract]


					Machinery					Assets
	Buildings					and				under
(amounts in millions)		and land	Simulators		equipment			Aircraft	construction			Total
Net book value as at March 31, 2020	$	262.8	$	1,569.3	$	51.4	$	69.3	$	201.2	$	2,154.0
Additions		16.2		13.4		13.4		19.1		45.5		107.6


Additions – business combinations (Note 3)		0.3		7.9		0.3		—		—		8.5
Disposals		—		(1.9)		(0.1)		(0.4)		(1.6)		(4.0)
Depreciation		(19.8)		(113.3)		(15.9)		(5.8)		—		(154.8)
Impairment		—		(76.7)		—		—		—		(76.7)
Purchase of assets under lease (Note 15)		—		96.5		—		—		—		96.5
Transfers and others		36.1		48.8		1.4		0.6		(97.3)		(10.4)
Foreign currency exchange differences		(13.5)		(120.9)		(2.2)		(6.7)		(8.0)		(151.3)


Net book value as at March 31, 2021	$	282.1	$	1,423.1	$	48.3	$	76.1	$	139.8	$	1,969.4
Additions		29.4		14.5		15.5		1.6		211.2		272.2
Additions – business combinations (Note 3)		52.1		18.7		21.5		2.1		2.1		96.5

Disposals		(2.2)		(0.4)		(0.1)		(1.1)		—		(3.8)
Depreciation		(21.4)		(101.1)		(19.3)		(5.2)		—		(147.0)
Impairment		(13.8)		(10.5)		—		—		—		(24.3)
Purchase of assets under lease (Note 15)		—		21.7		—		—		—		21.7
Transfers and others		1.1		97.6		1.1		(1.0)		(95.5)		3.3
Foreign currency exchange differences		(7.2)		(48.5)		(0.8)		(1.0)		(1.2)		(58.7)
Net book value as at March 31, 2022	$	320.1	$	1,415.1	$	66.2	$	71.5	$	256.4	$	2,129.3


					Machinery					Assets
	Buildings					and				under
(amounts in millions)		and land	Simulators		equipment			Aircraft	construction			Total
Cost	$	513.8	$	2,140.6	$	192.9	$	91.9	$	139.8	$	3,079.0
Accumulated depreciation and impairment		(231.7)		(717.5)		(144.6)		(15.8)		—		(1,109.6)


Net book value as at March 31, 2021	$	282.1	$	1,423.1	$	48.3	$	76.1	$	139.8	$	1,969.4
Cost	$	561.9	$	2,180.7	$	209.2	$	89.4	$	256.4	$	3,297.6
Accumulated depreciation and impairment		(241.8)		(765.6)		(143.0)		(17.9)		—		(1,168.3)
Net book value as at March 31, 2022	$	320.1	$	1,415.1	$	66.2	$	71.5	$	256.4	$	2,129.3

During the year ended March 31, 2022, depreciation of $145.0 million (2021 – $152.4 million) has been recorded in cost of sales, $0.5 million (2021 – $0.5 million) in research and development expenses and $1.5 million (2021 – $1.9 million) in selling, general and administrative expenses.