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Note 13 - Intangible Assets
12 Months Ended
Mar. 31, 2019
Statement Line Items [Line Items]  
Disclosure of intangible assets [text block]
13.
INTANGIBLE ASSETS
 
 
As at March 31, 2019                                          
    Goodwill     Brand    
Technology
1
    Customer
relationships
    Sales
networks and
affinity
relationships
    Other     Total  
Cost:                                                        
Opening balance - April 1, 2018   $
300,673
    $
30,205
    $
80,401
    $
18,027
    $
51,963
    $
495
    $
481,764
 
Acquisition    
40,630
     
3,000
     
-
     
12,600
     
-
     
-
     
56,230
 
Assets held for sale    
-
     
-
     
(2,453
)    
-
     
-
     
(3
)    
(2,456
)
Additions    
-
     
-
     
38,383
     
-
     
-
     
-
     
38,383
 
Exchange differences    
(1,382
)    
1,100
     
1,332
     
623
     
1,890
     
(439
)    
3,124
 
Ending balance, March 31, 2019    
339,921
     
34,305
     
117,663
     
31,250
     
53,853
     
53
     
577,045
 
                                                         
Accumulated amortization:                                                        
Opening balance - April 1, 2018    
-
     
-
     
(36,309
)    
(1,309
)    
(42,220
)    
-
     
(79,838
)
Assets held for sale    
-
     
-
     
18
     
-
     
-
     
2
     
20
 
Amortization charge for the year    
-
     
(100
)    
(14,927
)    
(1,018
)    
(6,610
)    
-
     
(22,655
)
Exchange differences    
-
     
-
     
1,883
     
(2,142
)    
(1,657
)    
-
     
(1,916
)
Ending balance, March 31, 2019    
-
     
(100
)    
(49,335
)    
(4,469
)    
(50,487
)    
2
     
(104,389
)
                                                         
Net book value, March 31, 2019   $
339,921
    $
34,205
    $
68,328
    $
26,781
    $
3,366
    $
55
    $
472,656
 
1
Technology includes work in progress IT projects of
$27.3
million
 
 
As at March 31, 2018                                          
    Goodwill     Brand     Technology     Customer
relationships
    Sales network
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
 
 
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.