LEASES (Tables)

12 Months Ended

Mar. 31, 2026



					Machinery
	Buildings					and
	and land		Simulators		equipment			Aircraft	Total











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 13)		—		—		—		(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
Additions and remeasurements		37.4		—		—		—		37.4



Depreciation		(52.4)		(14.4)		(6.6)		—		(73.4)


Transfers and others		(7.9)		6.1		—		—		(1.8)
Foreign currency exchange differences		(2.5)		(3.8)		(0.5)		—		(6.8)
Net book value as at March 31, 2026	$	587.9	$	139.0	$	16.5	$	—	$	743.4

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


		2026		2025
Less than 1 year	$	52.5	$	49.1
Between 1 and 2 years		40.4		39.3
Between 2 and 3 years		24.0		30.7
Between 3 and 4 years		14.1		17.0
Between 4 and 5 years		11.5		13.4
More than 5 years		19.7		14.0
Total undiscounted lease payments receivable	$	162.2	$	163.5

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


		2026		2025
Less than 1 year	$	29.2	$	23.9
Between 1 and 2 years		23.1		21.3
Between 2 and 3 years		19.6		18.2
Between 3 and 4 years		18.3		15.9
Between 4 and 5 years		15.1		16.4
More than 5 years		109.3		118.4
Total undiscounted lease payments receivable	$	214.6	$	214.1
Unearned finance income		(52.3)		(56.3)
Discounted unguaranteed residual values of leased assets		(12.4)		(15.8)
Total investment in finance leases	$	149.9	$	142.0
Current portion (Note 10)		21.0		16.0
Non-current portion (Note 17)	$	128.9	$	126.0