LEASES (Tables)

12 Months Ended

Mar. 31, 2024



					Machinery
	Buildings					and
	and land		Simulators		equipment			Aircraft	Total











Net book value as at March 31, 2022	$	255.3	$	90.5	$	15.5	$	11.7	$	373.0
Additions and remeasurements		120.9		7.3		—		—		128.2

Depreciation		(36.6)		(9.9)		(2.8)		(0.8)		(50.1)

Purchase of assets under lease (Note 13)		—		(34.6)		—		—		(34.6)
Transfers and others		(6.1)		(2.3)		(0.3)		—		(8.7)
Foreign currency exchange differences		13.2		5.9		—		—		19.1
Net book value as at March 31, 2023	$	346.7	$	56.9	$	12.4	$	10.9	$	426.9
Additions and remeasurements		168.0		8.7		0.5		—		177.2

Disposal of discontinued operations (Note 2)		(9.8)		—		—		—		(9.8)
Depreciation		(39.9)		(9.8)		(3.0)		(0.8)		(53.5)
Impairment		(1.3)		—		—		—		(1.3)

Transfers and others		9.3		(3.8)		—		—		5.5
Foreign currency exchange differences		0.9		(0.1)		—		—		0.8
Net book value as at March 31, 2024	$	473.9	$	51.9	$	9.9	$	10.1	$	545.8

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


		2024		2023
Less than 1 year	$	63.0	$	33.0
Between 1 and 2 years		51.7		32.6
Between 2 and 3 years		43.3		30.0
Between 3 and 4 years		35.0		21.7
Between 4 and 5 years		21.4		16.5
More than 5 years		33.4		13.8
Total undiscounted lease payments receivable	$	247.8	$	147.6

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


		2024		2023
Less than 1 year	$	16.4	$	16.6
Between 1 and 2 years		22.8		14.6
Between 2 and 3 years		17.4		15.1
Between 3 and 4 years		16.0		16.3
Between 4 and 5 years		16.0		13.6
More than 5 years		128.9		128.2
Total undiscounted lease payments receivable	$	217.5	$	204.4
Unearned finance income		(56.9)		(68.0)
Discounted unguaranteed residual values of leased assets		(12.8)		(10.7)
Total investment in finance leases	$	147.8	$	125.7
Current portion (Note 10)		11.9		13.5
Non-current portion (Note 16)	$	135.9	$	112.2