Quarterly report pursuant to Section 13 or 15(d)

Sales, Contract Assets and Contract Liabilities (Tables)

v3.20.4
Sales, Contract Assets and Contract Liabilities (Tables)
9 Months Ended
Dec. 31, 2020
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of sales revenues in proportion
    Three months
Ended
December 31,
2020
$
    Three months
Ended
December 31,
2019
$
 
             
Specified service works     397,572       -  
Certified design and engineering works     -       9,779,337  
Acceptance of delivered equipment to customers     1,994,601       19,273,700  
Acceptance of commissioned equipment     1,922,166       8,468,912  
Concentrated solar power contracts     344,127       -  
                 
Total     4,658,466       37,521,949  
    Nine months
Ended
December 31,
2020
$
    Nine months
Ended
December 31,
2019
$
 
             
Specified service works     817,618       381,338  
Certified design and engineering works     3,575,629       21,517,289  
Acceptance of delivered equipment to customers     21,498,217       69,697,153  
Acceptance of commissioned equipment     15,754,070       13,428,948  
Concentrated solar power contracts     483,358       -  
                 
Total     42,128,892       105,024,728  
Schedule of contract assets and liabilities
    Contract Assets
$
    Sales
(Cost of sales)
$
    Contract Liabilities
$
 
                   
Balance, March 31, 2019     12,237,825               (18,850,487 )
                         
Customer receipts and receivables     -       -       (134,841,354 )
Sales recognized in earnings     -       130,138,574       130,138,574  
Payments under contracts     90,932,669       -       -  
Costs recognized in earnings     (78,566,155 )     (78,556,155 )     -  
                         
Balance, March 31, 2020     24,604,339               (23,553,267 )
                         
Customer receipts and receivables     -       -       (35,018,290 )
Sales recognized in earnings     -       42,128,892       42,128,892  
Payments and accruals under contracts*     18,700,600       -       -  
Costs recognized in earnings     (25,515,248 )     (25,515,248 )     -  
                         
Balance, December 31, 2020     17,789,691               (16,442,665 )