Quarterly report pursuant to Section 13 or 15(d)

Lease Receivable

Lease Receivable
9 Months Ended
Dec. 31, 2018
Lease Receivable [Abstract]  
Lease Receivable
4. Lease Receivable


In December 2017, the Company completed the installation and the accounting sale of a constructed scrubber system. The Company's investment in sales-type lease as at March 31, 2018, consists of an amount due from the customer under a long-term lease arrangement. No amount has been allocated to residual value or other deliverables; accordingly, the amount presented in the consolidated balance sheet represents the present value of amounts due under the energy management contract. The entire amount is presented as a long-term receivable.