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Note 13 - Intangible Assets
12 Months Ended
Mar. 31, 2018
Statement Line Items [Line Items]  
Disclosure of intangible assets [text block]
13.
INTANGIBLE ASSETS
 
As at
March 31, 2018
 
    Goodwill     Brand    
Technology
1
    Customer
relationships
    Sales
networks and
affinity
relationships
    Other     Total  
Cost:                                                        
Opening balance - April 1, 2017   $
289,201
    $
31,154
    $
48,525
    $
-
    $
53,595
    $
-
    $
422,475
 
Acquisition of a subsidiary    
14,699
     
-
     
1,409
     
17,387
     
-
     
347
     
33,842
 
Additions    
-
     
-
     
30,938
     
-
     
-
     
-
     
30,938
 
Exchange differences    
(3,227
)    
(949
)    
(471
)    
640
     
(1,632
)    
148
     
(5,491
)
Ending balance, March 31, 2018    
300,673
     
30,205
     
80,401
     
18,027
     
51,963
     
495
     
481,764
 
                                                         
Accumulated amortization:
                                                       
Opening balance - April 1, 2017    
-
     
-
     
(27,641
)    
-
     
(36,847
)    
-
     
(64,488
)
Amortization charge for the year    
-
     
-
     
(8,924
)    
(1,309
)    
(6,466
)    
-
     
(16,699
)
Exchange differences    
-
     
-
     
256
     
-
     
1,093
     
-
     
1,349
 
Ending balance, March 31, 2018    
-
     
-
     
(36,309
)    
(1,309
)    
(42,220
)    
-
     
(79,838
)
Net book value, March 31, 2018   $
300,673
    $
30,205
    $
44,092
    $
16,718
    $
9,743
    $
495
    $
401,926
 
 
1
Technology includes work in progress IT projects of
$19.8
million.
 
As at
March 31, 2017
 
    Gas contracts     Electricity
contracts
    Goodwill     Brand     Technology     Sales network
and affinity
relationships
    Total  
Cost:                                                        
Opening balance - April 1, 2016   $
122,010
    $
320,185
    $
280,513
    $
30,423
    $
83,876
    $
160,243
    $
997,250
 
Retirements    
(123,204
)    
(331,335
)    
-
     
-
     
(55,296
)    
(111,578
)    
(621,413
)
Acquisition of a subsidiary    
-
     
-
     
6,020
     
-
     
-
     
-
     
6,020
 
Additions    
-
     
-
     
-
     
-
     
18,074
     
-
     
18,074
 
Exchange differences    
1,194
     
11,150
     
2,668
     
731
     
1,871
     
4,930
     
22,544
 
Ending balance, March 31, 2017    
-
     
-
     
289,201
     
31,154
     
48,525
     
53,595
     
422,475
 
                                                         
Accumulated amortization:
                                                       
Opening balance - April 1, 2016    
(122,010
)    
(320,185
)    
-
     
-
     
(71,837
)    
(137,345
)    
(651,377
)
Retirements    
123,204
     
331,335
     
-
     
-
     
55,296
     
111,578
     
621,413
 
Amortization charge for the year    
-
     
-
     
-
     
-
     
(9,329
)    
(6,612
)    
(15,941
)
Exchange differences    
(1,194
)    
(11,150
)    
-
     
-
     
(1,771
)    
(4,468
)    
(18,583
)
Ending balance, March 31, 2017    
-
     
-
     
-
     
-
     
(27,641
)    
(36,847
)    
(64,488
)
Net book value, March 31, 2017   $
-
    $
-
    $
289,201
    $
31,154
    $
20,884
    $
16,748
    $
357,987
 
 
The capitalized internally developed costs relate to the development of new customer billing and analysis software solutions for the different energy markets of Just Energy. All research costs and development costs
not
eligible for capitalization have been expensed and are recognized in administrative expenses.