PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Mar. 31, 2024

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, 2022	$	320.1	$	1,415.1	$	66.2	$	71.5	$	256.4	$	2,129.3
Additions		34.6		20.1		16.7		0.2		197.2		268.8



Disposals		(3.6)		(3.2)		(0.1)		(0.6)		—		(7.5)
Depreciation		(23.3)		(113.2)		(21.2)		(5.4)		—		(163.1)
(Impairment) reversal – net		—		2.1		(0.1)		(0.3)		—		1.7
Purchase of assets under lease (Note 15)		—		34.6		—		—		—		34.6
Transfers and others		27.6		208.8		(5.5)		6.0		(231.5)		5.4
Foreign currency exchange differences		13.7		88.6		3.1		5.1		7.4		117.9


Net book value as at March 31, 2023	$	369.1	$	1,652.9	$	59.1	$	76.5	$	229.5	$	2,387.1
Additions		22.0		33.5		19.1		14.0		241.2		329.8


Disposals		(0.2)		(3.6)		(0.2)		(0.3)		—		(4.3)
Disposal of discontinued operations (Note 2)		(0.4)		(2.3)		(3.9)		—		(0.3)		(6.9)
Depreciation		(27.1)		(127.3)		(22.6)		(5.8)		—		(182.8)
Impairment		—		(4.4)		(0.2)		(0.6)		—		(5.2)

Transfers and others		22.3		170.5		10.1		(4.4)		(211.1)		(12.6)
Foreign currency exchange differences		1.3		8.5		0.2		0.2		0.3		10.5
Net book value as at March 31, 2024	$	387.0	$	1,727.8	$	61.6	$	79.6	$	259.6	$	2,515.6


					Machinery					Assets
	Buildings					and				under
(amounts in millions)		and land	Simulators		equipment			Aircraft	construction			Total
Cost	$	623.9	$	2,558.1	$	208.9	$	103.1	$	229.5	$	3,723.5
Accumulated depreciation and impairment		(254.8)		(905.2)		(149.8)		(26.6)		—		(1,336.4)


Net book value as at March 31, 2023	$	369.1	$	1,652.9	$	59.1	$	76.5	$	229.5	$	2,387.1
Cost	$	666.9	$	2,694.0	$	223.5	$	108.6	$	259.6	$	3,952.6
Accumulated depreciation and impairment		(279.9)		(966.2)		(161.9)		(29.0)		—		(1,437.0)
Net book value as at March 31, 2024	$	387.0	$	1,727.8	$	61.6	$	79.6	$	259.6	$	2,515.6

During the year ended March 31, 2024, depreciation of $180.9 million (2023 – $160.7 million) has been recorded in cost of sales, $0.5 million (2023 – $0.2 million) in selling, general and administrative expenses and $1.4 million (2023 – $2.2 million) in net income from discontinued operations.