LEASES (Tables)

12 Months Ended

Mar. 31, 2025



					Machinery
	Buildings					and
	and land		Simulators		equipment			Aircraft	Total











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 3)		(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
Additions and remeasurements		135.4		—		18.0		—		153.4
Business combinations (Note 2)		22.4		106.0		—		—		128.4


Depreciation		(45.8)		(13.3)		(5.2)		(1.0)		(65.3)
Impairment		(0.7)		—		—		—		(0.7)
Purchase of assets under lease (Note 14)		—		—		—		(9.1)		(9.1)
Transfers and others		(0.9)		—		0.7		—		(0.2)
Foreign currency exchange differences		29.0		6.5		0.2		—		35.7
Net book value as at March 31, 2025	$	613.3	$	151.1	$	23.6	$	—	$	788.0

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


		2025		2024
Less than 1 year	$	49.1	$	63.0
Between 1 and 2 years		39.3		51.7
Between 2 and 3 years		30.7		43.3
Between 3 and 4 years		17.0		35.0
Between 4 and 5 years		13.4		21.4
More than 5 years		14.0		33.4
Total undiscounted lease payments receivable	$	163.5	$	247.8

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


		2025		2024
Less than 1 year	$	23.9	$	16.4
Between 1 and 2 years		21.3		22.8
Between 2 and 3 years		18.2		17.4
Between 3 and 4 years		15.9		16.0
Between 4 and 5 years		16.4		16.0
More than 5 years		118.4		128.9
Total undiscounted lease payments receivable	$	214.1	$	217.5
Unearned finance income		(56.3)		(56.9)
Discounted unguaranteed residual values of leased assets		(15.8)		(12.8)
Total investment in finance leases	$	142.0	$	147.8
Current portion (Note 11)		16.0		11.9
Non-current portion (Note 18)	$	126.0	$	135.9