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Property, Plant and Equipment
12 Months Ended
Jan. 31, 2019
Text block [abstract]  
Property, Plant and Equipment
10.

PROPERTY, PLANT AND EQUIPMENT

The Company’s property, plant and equipment were as follows, as at:

 

              Tooling      Equipment      Building      Land      Total  

January 31, 2019

                 

Cost

        $844.8        $757.9        $353.0        $48.0        $2,003.7  

Accumulated depreciation

        552.4        409.8        136.4               1,098.6  

Carrying amount

              $292.4        $348.1        $216.6        $48.0        $905.1  

January 31, 2018

                 

Cost

        $744.6        $628.4        $311.8        $45.5        $1,730.3  

Accumulated depreciation

        489.2        354.5        119.8               963.5  

Carrying amount

              $255.4        $273.9        $192.0        $45.5        $766.8  

February 1, 2017

                 

Cost

        $703.3        $563.1        $291.1        $45.5        $1,603.0  

Accumulated depreciation

        480.8        341.4        107.6               929.8  

Carrying amount

              $222.5        $221.7        $183.5        $45.5        $673.2  

As at January 31, 2019 and 2018 and February 1, 2017, assets under development amounted to $81.7 million, $65.5 million and $51.8 million respectively and were included in the cost of property, plant and equipment.

The following table explains the changes in property, plant and equipment during the year ended January 31, 2019:

 

     

Carrying
amount as at
January 31,

2018

     Additions [a]     

Business

combinations

     Disposals     Depreciation     Effect of
foreign
currency
exchange
rate changes
   

Carrying
amount as at

January 31,
2019 [b]

 

Tooling

     $255.4        $119.4        $0.4        $(0.1     $(83.2     $0.5       $292.4  

Equipment

     273.9        127.6        4.9        (0.3     (57.7     (0.3     348.1  

Building

     192.0        29.1        9.5              (15.1     1.1       216.6  

Land

     45.5        0.8        0.6                    1.1       48.0  

Total

     $766.8        $276.9        $15.4        $(0.4     $(156.0     $2.4       $905.1  

[a] Government assistance of $1.2 million has been recorded against the additions.

[b] Leased equipment of $4.7 million and leased building of $2.6 million are included in the carrying amount.

The following table explains the changes in property, plant and equipment during the year ended January 31, 2018:

 

      Carrying
amount as at
February 1,
2017 [a]
     Additions [b]      Business
combinations
     Disposals     Depreciation     Effect of
foreign
currency
exchange
rate changes
     Carrying
amount as at
January 31,
2018 [c]
 

Tooling

     $222.5        $99.6        $—        $—       $(71.0     $4.3        $255.4  

Equipment

     221.7        94.2               (0.1     (46.4     4.5        273.9  

Building

     183.5        21.1                     (13.8     1.2        192.0  

Land

     45.5                                         45.5  

Total

     $673.2        $214.9        $—        $(0.1     $(131.2     $10.0        $766.8  

[a] Leased equipment of $7.4 million and leased building of $3.1 million are included in the carrying amount.

[b] Government assistance of $0.4 million has been recorded against the additions.

[c] Leased equipment of $6.0 million and leased building of $2.8 million are included in the carrying amount.