Rendering

Component: (Network and Table)
Network
2328301 - Disclosure - Segment information (Tables)
(http://www.chc.ca/role/SegmentInformationTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Segment Reporting [Abstract]Period [Axis]
2015-05-01 - 2016-04-30
Segment Reporting [Abstract]
 
Summary of Consolidated Financial Statement by Segment
 
For the year ended April 30, 2014
 
Helicopter
services
 
Heli-One
 
Corporate
and other
 
Inter-segment
eliminations
 
Consolidated
Revenue from external customers
$
1,617,708

 
$
147,271

 
$

 
$

 
$
1,764,979

Add: Inter-segment revenues

 
159,906

 

 
(159,906
)
 

Total revenue
1,617,708

 
307,177

 

 
(159,906
)
 
1,764,979

Direct costs (i)
(1,110,957
)
 
(277,959
)
 

 
156,772

 
(1,232,144
)
Earnings from equity accounted investees
7,240

 

 

 

 
7,240

General and administration costs

 

 
(95,087
)
 

 
(95,087
)
Adjusted EBITDAR (ii)
513,991

 
29,218

 
(95,087
)
 
(3,134
)
 
444,988

Helicopter lease and associated costs
(227,893
)
 

 

 

 
(227,893
)
Depreciation
 
 
 
 
 
 
 
 
(144,573
)
Asset impairments (note 4)
 
 
 
 
 
 
 
 
(25,933
)
Loss on disposal of assets
 
 
 
 
 
 
 
 
(6,631
)
Operating income
 
 
 
 
 
 
 
 
39,958

Interest on long-term debt
 
 
 
 
 
 
 
 
(153,222
)
Foreign exchange loss
 
 
 
 
 
 
 
 
(6,028
)
Other financing charges
 
 
 
 
 
 
 
 
(23,253
)
Income tax expense
 
 
 
 
 
 
 
 
(28,374
)
Net loss
 
 
 
 
 
 
 
 
$
(170,919
)
 
(i)
Direct costs in the segment information presented excludes helicopter lease and associated costs. In the consolidated statements of operations these costs are combined.
(ii)
Adjusted EBITDAR is defined as earnings before interest, taxes, depreciation, amortization, helicopter lease and associated costs, restructuring expense, asset impairments, gain (loss) on disposal of assets, foreign exchange gain (loss) and other financing income (charges) or total revenue plus earnings from equity accounted investees less direct costs, excluding helicopter lease and associated costs, and general and administration costs.











 
For the year ended April 30, 2015
 
 
 
Helicopter
services
 
Heli-One
 
Corporate
and other
 
Inter-segment
eliminations
 
Consolidated
Revenue from external customers
$
1,557,319

 
$
150,380

 
$

 
$

 
$
1,707,699

Add: Inter-segment revenues

 
107,571

 

 
(107,571
)
 

Total revenue
1,557,319

 
257,951

 

 
(107,571
)
 
1,707,699

Direct costs (i)
(1,051,911
)
 
(235,417
)
 

 
105,544

 
(1,181,784
)
Earnings from equity accounted investees
11,069

 

 

 

 
11,069

General and administration costs

 

 
(83,857
)
 

 
(83,857
)
Adjusted EBITDAR (ii)
516,477

 
22,534

 
(83,857
)
 
(2,027
)
 
453,127

Helicopter lease and associated costs
(262,748
)
 

 

 

 
(262,748
)
Depreciation
 
 
 
 
 
 
 
 
(143,653
)
Restructuring expense (note 8)
 
 
 
 
 
 
 
 
(80,347
)
Asset impairments (note 4)
 
 
 
 
 
 
 
 
(553,650
)
Loss on disposal of assets
 
 
 
 
 
 
 
 
(13,407
)
Operating loss
 
 
 
 
 
 
 
 
(600,678
)
Interest on long-term debt
 
 
 
 
 
 
 
 
(126,481
)
Foreign exchange loss
 
 
 
 
 
 
 
 
(25,153
)
Other financing charges
 
 
 
 
 
 
 
 
(17,841
)
Income tax expense
 
 
 
 
 
 
 
 
(24,607
)
Net loss
 
 
 
 
 
 
 
 
$
(794,760
)
 
(i)
Direct costs in the segment information presented excludes helicopter lease and associated costs. In the consolidated statements of operations these costs are combined.
(ii)
Adjusted EBITDAR is defined as earnings before interest, taxes, depreciation, amortization, helicopter lease and associated costs, restructuring expense, asset impairments, gain (loss) on disposal of assets, foreign exchange gain (loss) and other financing income (charges) or total revenue plus earnings from equity accounted investees less direct costs, excluding helicopter lease and associated costs, and general and administration costs.





 
For the year ended April 30, 2016
 
Helicopter
services
 
Heli-One
 
Corporate
and other
 
Inter-segment
eliminations
 
Consolidated
Revenue from external customers
$
1,233,125

 
$
149,364

 
$

 
$

 
$
1,382,489

Add: Inter-segment revenues

 
88,809

 

 
(88,809
)
 

Total revenue
1,233,125

 
238,173

 

 
(88,809
)
 
1,382,489

Direct costs (i)
(759,936
)
 
(210,653
)
 

 
84,763

 
(885,826
)
Earnings from equity accounted investees
6,375

 

 

 

 
6,375

General and administration costs

 

 
(71,480
)
 

 
(71,480
)
Adjusted EBITDAR (ii)
479,564

 
27,520

 
(71,480
)
 
(4,046
)
 
431,558

Helicopter lease and associated costs
(249,750
)
 

 

 

 
(249,750
)
Depreciation
 
 
 
 
 
 
 
 
(162,150
)
Restructuring expense (note 8)
 
 
 
 
 
 
 
 
(94,691
)
Asset impairments (note 4)
 
 
 
 
 
 
 
 
(225,354
)
Loss on disposal of assets
 
 
 
 
 
 
 
 
(2,795
)
Operating loss
 
 
 
 
 
 
 
 
(303,182
)
Interest on long-term debt
 
 
 
 
 
 
 
 
(116,335
)
Foreign exchange loss
 
 
 
 
 
 
 
 
(12,402
)
Other financing income
 
 
 
 
 
 
 
 
3,639

Income tax expense
 
 
 
 
 
 
 
 
(9,506
)
Net loss
 
 
 
 
 
 
 
 
$
(437,786
)
 
(i)
Direct costs in the segment information presented excludes helicopter lease and associated costs. In the consolidated statements of operations these costs are combined.
(ii)
Adjusted EBITDAR is defined as earnings before interest, taxes, depreciation, amortization, helicopter lease and associated costs, restructuring expense, asset impairments, gain (loss) on disposal of assets, foreign exchange gain (loss) and other financing income (charges) or total revenue plus earnings from equity accounted investees less direct costs, excluding helicopter lease and associated costs, and general and administration costs.

 
 
Revenue by Geographic Area
The Company’s revenues by geographic location are as follows:
 
Revenue
 
For the year ended
 
April 30, 2014
 
April 30, 2015

April 30, 2016
Norway
$
520,279

 
$
479,254

 
$
410,555

United Kingdom
282,919

 
274,263

 
208,591

Australia
249,996

 
251,176

 
201,815

Brazil
264,815

 
275,806

 
216,885

Asia
94,172

 
75,122

 
58,334

Other European Countries
213,475

 
198,020

 
181,358

Other Countries
139,323

 
154,058

 
104,951

Total
$
1,764,979

 
$
1,707,699

 
$
1,382,489

 
 
Property and Equipment and Goodwill by Geographic Area
The Company’s property and equipment by geographic location is as follows:
 
Property and equipment
 
April 30, 2015
 
April 30, 2016
Norway
$
462,021

 
$
399,775

United Kingdom
52,335

 
85,343

Australia
151,376

 
117,389

Brazil
61,268

 
86,573

Canada
98,715

 
92,728

Asia
802

 
481

Other European Countries
44,130

 
114,024

Other Countries
80,907

 
71,306

Total
$
951,554

 
$
967,619