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Significant Accounting Policies and Judgments (Tables) | 12 Months Ended
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Jun. 30, 2020
Accounting policies, accounting estimates and errors [Abstract] |
Major Subsidiaries Over Which the Company Has Control | The Company’s principal subsidiaries are as follows:
Major subsidiaries | Percentage Ownership | Functional Currency
1769474 Alberta Ltd. (“1769474”) | 100% | Canadian Dollar
2105657 Alberta Inc. (“2105657”) | 100% | Canadian Dollar
Aurora Cannabis Enterprises Inc. (“ACE”) | 100% | Canadian Dollar
Aurora Deutschland GmbH (“Aurora Deutschland”) | 100% | European Euro
Aurora Nordic Cannabis A/S (“Aurora Nordic”) | 51% | Danish Krone
Cannimed Therapeutics Inc. (“CanniMed”) | 100% | Canadian Dollar
H2 Biopharma Inc. (“H2” or “Aurora Eau”) | 100% | Canadian Dollar
MedReleaf Corp. (“MedReleaf”) | 100% | Canadian Dollar
Peloton Pharmaceuticals Inc. (“Peloton” or “Aurora Vie”) | 100% | Canadian Dollar
Whistler Medical marijuana Corporation (“Whistler”) | 100% | Canadian Dollar
Adjustments for Change in Accounting Policy | The following is a summary of the impacts to the statement of financial position, the statement of comprehensive loss, and the statement of cash flows for the year ended June 30, 2019:
June 30, 2019 As previously reported |  | Inventory Adjustments |  | Discontinued Operations (Note 11(b)) |  | June 30, 2019 Restated |
Consolidated Statement of Financial Position |  |  |  |
Biological assets | 51,836 |  | (1,269 | ) | — |  | 50,567 |
Inventory | 113,641 |  | (2,320 | ) | — |  | 111,321 |
Deferred tax liability | 91,886 |  | (916 | ) | — |  | 90,970 |
Deficit | (283,639 | ) | (2,672 | ) | — |  | (286,311 | )
Year ended June 30, 2019 As previously reported |  | Inventory Adjustments |  | Discontinued Operations (Note 11(b)) |  | Year ended June 30, 2019 Restated |
Consolidated Statement of Comprehensive Loss |  |  |  |
Cost of sales | 112,526 |  | 11,252 |  | — |  | 123,778 |
Gross profit before fair value adjustments | 135,413 |  | (11,252 | ) | (2,403 | ) | 121,758 |
Changes in fair value of inventory sold | 72,129 |  | (308 | ) | — |  | 71,821 |
Unrealized gain on changes in fair value of biological assets | (96,531 | ) | 4,028 |  | — |  | (92,503 | )
Gross profit | 159,815 |  | (14,972 | ) | (2,403 | ) | 142,440 |
General and administration | 172,365 |  | (11,384 | ) | (1,912 | ) | 159,069 |
Deferred tax (recovery) expense | (23,257 | ) | (916 | ) | 264 |  | (23,909 | )
Net loss from continuing operations | (297,924 | ) | (2,672 | ) | (144 | ) | (300,740 | )
Net loss attributable to Aurora shareholders | (290,837 | ) | (2,672 | ) | — |  | (293,509 | )
Loss per share (basic and diluted) | (3.63 | ) | (0.03 | ) | n/a |  | (3.66 | )
Year ended June 30, 2019 As previously reported |  | Inventory Adjustments |  | Discontinued Operations (Note 11(b)) |  | Year ended June 30, 2019 Restated |
Consolidated Statement of Cash Flows |  |  |  |
Unrealized gain on changes in fair value of biological assets | (96,531 | ) | 4,028 |  | — |  | (92,503 | )
Changes in fair value of inventory sold | 72,129 |  | (308 | ) | — |  | 71,821 |
Deferred tax expense (recovery) | (23,257 | ) | (916 | ) | 264 |  | (23,909 | )
Changes in non-cash working capital | (37,952 | ) | (211 | ) | 878 |  | (37,285 | )
Net cash used in operating activities | (192,245 | ) | — |  | — |  | (192,245 | )
Adjustments to Opening Balances Resulting From Initial Adoption of IFRS 16 | The following table summarizes the adjustments to opening balances resulting from the initial adoption of IFRS 16:
As at July 1, 2019 | As previously reported under IAS 17 |  | IFRS 16 transition adjustments |  | Inventory restatement adjustments (Note 2(h)) |  | As reported under IFRS 16 |
| $ |  | $ |  |  | $ |
Prepaid deposits | 24,323 |  | (585 | ) | — |  | 23,738 |
Property, plant and equipment | 765,567 |  | 96,049 |  | — |  | 861,616 |
Current loans and borrowings | (13,758 | ) | (6,630 | ) | — |  | (20,388 | )
Non-current loans and borrowings | (127,486 | ) | (88,834 | ) | — |  | (216,320 | )
Deficit | 283,639 |  | — |  | 2,672 |  | 286,311 |
Reconciliation of Operating Lease Commitments to Opening Balance of Lease Liabilities | The following table reconciles the operating lease commitments as at June 30, 2019 to the opening balance of lease liabilities as at July 1, 2019:
Operating lease commitments as at June 30, 2019 | $ | 94,780 |
Add: finance lease liabilities recognized as at June 30, 2019 | 1,326 |
Add: adjustments as a result of a different treatment for extension and termination options | 94,829 |
Effect of discounting using the lessee's incremental borrowing rate | (88,767 | )
Less: lease commitments not yet in effect | (4,068 | )
Less: short-term, low-value asset leases and others | (1,318 | )
Lease liabilities recognized as at July 1, 2019 | $ | 96,782 |

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- Definition The disclosure of subsidiaries. [Refer: Subsidiaries [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 27 -IssueDate 2019-01-01 -Paragraph 17 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=27&code=ifrs-tx-2019-en-r&anchor=para_17_b&doctype=Standard -URIDate 2019-03-27 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 27 -IssueDate 2019-01-01 -Paragraph 16 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=27&code=ifrs-tx-2019-en-r&anchor=para_16_b&doctype=Standard -URIDate 2019-03-27 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2019-01-01 -Paragraph B4 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2019-en-r&anchor=para_B4_a&doctype=Appendix&subtype=B -URIDate 2019-03-27 + Details
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- Definition The explanation of the difference between: (a) operating lease commitments disclosed applying IAS 17 at the end of the annual reporting period immediately preceding the date of initial application of IFRS 16, discounted using the incremental borrowing rate at the date of initial application; and (b) lease liabilities recognised in the statement of financial position at the date of initial application of IFRS 16. The incremental borrowing rate is the rate of interest that a lessee would have to pay to borrow over a similar term, and with a similar security, the funds necessary to obtain an asset of a similar value to the right-of-use asset in a similar economic environment. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 16 -IssueDate 2019-01-01 -Paragraph C12 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=16&code=ifrs-tx-2019-en-r&anchor=para_C12_b&doctype=Appendix&subtype=C -URIDate 2019-03-27 + Details
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