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Investments (Tables)
9 Months Ended
Dec. 31, 2020
Equity Method Investments, and Investments in Debt and Equity Securities [Abstract]  
Carrying Amount of Investments, By Category
The Company's investments consisted of the following:
December 31,
2020
March 31,
2020
 (Amounts in millions)
Investments in equity method investees$30.4 $34.3 
Other investments(1)
2.1 6.0 
$32.5 $40.3 
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(1)Includes investments in equity securities without readily determinable fair values of nil and $5.4 million at December 31, 2020 and March 31, 2020, respectively.
Summarized Balance Sheet Summarized financial information for the Company's equity method investee, STARZPLAY Arabia, is set forth below:
December 31,
2020
March 31,
2020
 (Amounts in millions)
Current assets$30.3 $37.0 
Non-current assets$49.1 $26.0 
Current liabilities$131.3 $98.8 
Non-current liabilities$1.0 $0.9 
Summarized financial information for all other of the Company's equity method investees on an aggregate basis (excluding STARZPLAY Arabia, which is separately presented above) is set forth below:
December 31,
2020
March 31,
2020
 (Amounts in millions)
Current assets$96.7 $101.3 
Non-current assets$160.8 $136.0 
Current liabilities$77.2 $68.5 
Non-current liabilities$95.1 $101.3 
Summarized Statement of Income
Three Months EndedNine Months Ended
December 31,December 31,
2020201920202019
 (Amounts in millions)
Revenues$10.2 $9.1 $36.6 $26.0 
Gross profit$0.8 $0.9 $0.6 $(0.1)
Net loss$(8.1)$(15.1)$(24.6)$(36.5)
Three Months EndedNine Months Ended
December 31,December 31,
2020201920202019
 (Amounts in millions)
Revenues$8.0 $18.1 $28.5 $65.7 
Gross profit$6.9 $10.7 $22.1 $38.5 
Net loss$(7.7)$(6.1)$(24.9)$(1.2)
Gain (Loss) on Investments
The following table summarizes the components of the gain (loss) on investments:
Three Months EndedNine Months Ended
December 31,December 31,
2020201920202019
 (Amounts in millions)
Unrealized gains (losses) on equity securities held as of December 31, 2020 and 2019, respectively$0.7 $— $1.4 $(0.3)
Impairments of equity method investments and other investments(1)
(0.7)— (5.7)— 
Gain on sale of other investments— — 4.6 — 
$— $— $0.3 $(0.3)
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(1)In the nine months ended December 31, 2020, amounts include impairments of $5.0 million on equity securities without readily determinable fair values that were written down to their estimated fair value.