VivoPower International (VVPR) 20-F 18 Jul 18 2018 FY Annual report (foreign) Financial data

Document And Entity Information

Document And Entity Information	12 Months Ended
	Mar. 31, 2018shares
Document Information [Line Items]
Entity Registrant Name	VivoPower International PLC
Entity Central Index Key	1,681,348
Trading Symbol	vvpr
Current Fiscal Year End Date	--03-31
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)	13,557,356
Document Type	20-F
Document Period End Date	Mar. 31, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	FY
Amendment Flag	false

Consolidated Statement of Compr

Consolidated Statement of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Revenue	$ 33,647	$ 32,250
Costs of sales	(28,524)	(4,977)
Gross profit	5,123	27,273
General and administrative expenses	(12,814)	(9,316)	(279)
Gain on sale of assets	1,356
Depreciation of property, plant and equipment	(420)	(103)
Amortization of intangible assets	(840)	(548)
Operating (loss)/profit	(7,595)	17,306	(279)
Restructuring costs	(1,873)
Impairment of assets	(10,191)
Impairment of goodwill	(11,092)
Transaction costs		(5,800)
Finance income	9	13
Finance expense	(3,395)	(600)	(2)
(Loss)/profit before taxation	(34,137)	10,919	(281)
Income tax expense	6,258	(5,338)
(Loss)/profit for the year	(27,879)	5,581	(281)
Other comprehensive income
Currency translation differences recognized directly in equity	222	599
Total comprehensive (loss)/income for the year	$ (27,658)	$ 6,180	$ (281)
Earnings per share
Basic (in dollars per share)	$ (2.06)	$ 0.73	$ (0.05)
Diluted (in dollars per share)	$ (2.06)	$ 0.73	$ (0.05)

Consolidated Statement of Finan

Consolidated Statement of Financial Position - USD ($)	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Non-current assets
Property, plant and equipment	$ 1,915,000	$ 2,163,000	$ 3,000
Intangible assets	36,402,000	46,320,000
Deferred tax assets	2,570,000	2,312,000
Other receivables		1,167,000	7,875,000
Investment	14,147,000	18,060,000
Total non-current assets	55,034,000	70,022,000	7,878,000
Current assets
Cash and cash equivalents	1,939,000	10,970,000	28,000
Trade and other receivables	7,903,000	19,844,000
Assets held for sale	11,436,000
Total current assets	21,278,000	30,814,000	28,000
TOTAL ASSETS	76,312,000	100,836,000	7,906,000
Current liabilities
Trade and other payables	14,082,000	8,262,000	186,000
Finance lease payable	285,000	145,000
Provision for income tax	103,000	2,361,000
Provisions – current	2,470,000	1,339,000
Loans and borrowings	3,670,000	90,000	8,001,000
Total current liabilities	20,610,000	12,197,000	8,187,000
Non-current liabilities
Total non-current portion of non-current borrowings	18,092,000	19,925,000
Provisions	288,000	237,000
Deferred tax liabilities	26,000	3,776,000
Finance lease payable	293,000	95,000
Total non-current liabilities	18,699,000	24,033,000
Total liabilities	39,309,000	36,230,000	8,187,000
Equity
Share capital	163,000	163,000	72,000
Share premium	40,215,000	40,215,000
Cumulative translation reserve	821,000	599,000
Other reserves	18,383,000	18,329,000	(72,000)
Retained earnings/(accumulated deficit)	(22,579,000)	5,300,000	(281,000)
Total Equity	37,003,000	64,606,000	(281,000)
TOTAL EQUITY AND LIABILITIES	$ 76,312,000	$ 100,836,000	$ 7,906,000

Consolidated Statement of Cash

Consolidated Statement of Cash Flow - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Cash flows from operating activities
(Loss)/profit for the year	$ (27,879)	$ 5,581	$ (281)
Income tax expense	(6,258)	5,338
Finance income	(9)
Finance expense	3,395	600
Transaction costs		5,800
Impairment of goodwill	11,092
Impairment of assets	10,191
Depreciation of property, plant and equipment	420	103
Amortization of intangible assets	840	548
Gain on sale of assets	(1,356)
Decrease/(increase) in trade and other receivables	11,457	(21,007)
Increase in trade and other payables	5,822	8,074	186
Increase in provisions	1,182	1,339
Net cash (used in)/from operating activities	8,897	6,376	(95)
Cash flows from investing activities
Finance income	9	13
Proceeds on sale of property plant and equipment	2,297		(3)
Purchase of property plant and equipment	(1,101)	(94)
Investment in capital projects	(17,823)	(18,060)
Cash acquired received from acquisitions		1,485
Acquisitions		(10,080)
Net cash (used in)/from investing activities	(16,618)	(26,736)	(3)
Cash flows from financing activities
Finance lease borrowings	519
Finance lease repayments	(181)
Financing agreements	2,000	330
Loans from related parties	770	19,818	126
Repayment of bank loan	(1,023)
Finance expense	(3,395)
Funds received from issuing shares		167
Costs from listing		(11,469)
Funds received from listing		22,456
Net cash from/(used in) financing activities	(1,310)	31,302	126
Net (decrease)/increase in cash and cash equivalents	(9,031)	10,942	28
Cash and cash equivalents at the beginning of the year	10,970	28
Cash and cash equivalents at the end of the year	$ 1,939	$ 10,970	$ 28

Consolidated Statement of Chang

Consolidated Statement of Changes in Equity - USD ($) $ in Thousands	Issued capital [member]	Share premium [member]	Share Subscription Receivable [Member]	Other reserves [member]	Reserve of exchange differences on translation [member]	Retained earnings [member]	Total
Balance at Jan. 31, 2016
Statement Line Items [Line Items]
Total comprehensive income for the year						(281)	(281)
Issue of new shares	72		(72)
Balance at Mar. 31, 2016	72		(72)			(281)	(281)
Statement Line Items [Line Items]
Total comprehensive income for the year					599	5,581	6,180
Issue of new shares	95	40,215	72				40,382
Redenomination of share capital	(4)						(4)
Equity instruments				25,072			25,072
Capital raising costs				(9,722)			(9,722)
Share option reserve				3,713			3,713
Purchase of shares				(592)			(592)
Other reserves				(142)			(142)
	91	40,215	72	18,329	599	5,581	64,887
Balance at Mar. 31, 2017	163	40,215		18,329	599	5,300	64,606
Statement Line Items [Line Items]
Total comprehensive income for the year					222	(27,879)	(27,658)
Other reserves				54			54
				54	222	(27,879)	(27,603)
Balance at Mar. 31, 2018	$ 163	$ 40,215		$ 18,383	$ 821	$ (22,579)	$ 37,003

Note 1 - Reporting Entity

Note 1 - Reporting Entity	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of notes and other explanatory information [text block]	1. Reporting entity VivoPower International PLC (“VivoPower” or the “Company”) is a public company limited by shares and incorporated under the laws of England and Wales and domiciled in the United Kingdom. The address of the Company’s registered office is 91 W1G 0EF. March 31, 2018,

Note 2 - Significant Accounting

Note 2 - Significant Accounting Policies	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of significant accounting policies [text block]	2. Significant a ccounting policies The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented, unless otherwise stated. 2.1 Basis of preparation VivoPower International PLC consolidated financial statements were prepared in accordance with International Financial Reporting Standards (IFRS), as issued by the International Accounting Standards Board (IASB), IFRIC interpretations and the Companies Act 2006 The preparation of financial statements with adopted IFRS requires the use of critical accounting estimates. It also requires the management to exercise judgement in the process of applying the Company’s accounting policies. The areas involving a higher degree of judgement or complexity, or areas where the assumptions and estimates are significant to the consolidated financial statements are disclosed in note 3. The financial statements have been prepared on a going concern basis, as the directors believe the Company will be able to meet its liabilities as they fall due. During the year ended March 31, 2018, $3.4 $11.4 8, $2.0 21. $2.4 March 31, 2018, $2.3 July 2019. In order to develop the portfolio of solar projects within Innovative Solar Ventures I, LLC joint venture, as disclosed in note 15, To ensure success of the business, the directors have prepared and reviewed additional plans to mitigate any cash flow risk that may twelve $19.0 21, Based on the foregoing, the directors believe that the Company is well placed to manage its business risk successfully, despite some current economic and political uncertainty. The directors therefore have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus, they have continued to adopt the going concern basis in preparing these financial statements. All financial information presented in US dollars has been rounded to the nearest thousand. 2.2 Basis of consolidation The consolidated financial statements include those of VivoPower International PLC and all of its subsidiary undertakings. Subsidiary undertakings are those entities controlled directly or indirectly by the Company. The results of the subsidiaries acquired are included in the consolidated Statement of Comprehensive Income from the date of acquisition using the same accounting policies of those of the Group. All business combinations are accounted for using the purchase method. Where necessary, adjustments are made to the financial statements of subsidiaries to bring their accounting policies in line with those used by other members of the Group. All intra-group balances and transactions, including any unrealized income and expense arising from intra-group transactions, are eliminated in full in preparing the consolidated financial statements. Unrealized gains arising from transactions with equity invested investees are eliminated against the investment to the extent of the Group’s interest in the investee. Unrealized losses are eliminated in the same way as unrealized gains, but only to the extent that there is no 2.3 Intangible assets All intangible assets, except goodwill, are stated at fair value less accumulated amortization and any accumulated impairment losses. Goodwill is not Goodwill Goodwill arose on the effective acquisition of VivoPower Pty Limited and Aevitas Group Limited (“Aevitas”). Goodwill is reviewed annually to test for impairment. Other intangible assets Intangible assets acquired through a business combination are initially measured at fair value and then amortized over their useful economic lives. In the prior year, the Group took advantage of the provisions of IFRS 3 13. Amortization is calculated on a straight-line basis to write down the assets over their useful economic lives at the following rates: Customer relationships – 7 Trade names – 14 Favorable supply contracts – 5 Databases – 5 2.4 Property, plant and equipment Property, plant and equipment are stated at cost less accumulated depreciation and any accumulated impairment losses. The cost of an item of property, plant and equipment comprises its purchase price and the costs directly attributable to bringing the asset into use. When parts of an item of property, plant and equipment have different useful lives, they are accounted as separate items (major components) of property, plant and equipment. Depreciation is calculated on a straight-line basis so as to write down the assets to their estimated residual value over their useful economic lives at the following rates: Computer equipment - 3 Fixtures and fittings - 3 Motor vehicles - 5 Plant and equipment – 3.5 10 Leasehold improvements – 20 40 2.5 Business combinations Acquisitions of subsidiaries and businesses are accounted for using the purchase method. The consideration transferred in a business combination is the fair value at the acquisition date of the assets transferred and the liabilities incurred by the Group and includes the fair value of any contingent consideration arrangement. Acquisition-related costs are recognized in the income statement as incurred. 2.6 Leases Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee. All other leases are classified as operating leases. Assets held under finance leases are initially recognized as property, plant and equipment at an amount equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments at the inception of the lease, and then depreciated over their useful economic lives. Lease payments are apportioned between the repayment of capital and interest. The capital element of future lease payments is included in the Statement of Financial Position as a liability. Interest is charged to the Statement of Comprehensive Income so as to achieve a constant rate of interest on the remaining balance of the liability. Rentals payable under operating leases are charged to the Statement of Comprehensive Income on a straight-line basis over the lease term. Operating leases incentives are recognized as a reduction in the rental expense over the lease term. 2.7 Impairment of non-financial assets Goodwill is allocated to cash-generating units for the purposes of impairment testing. The recoverable amount of the cash-generating unit (‘CGU’) to which the goodwill relates is tested annually for impairment or when events or changes to circumstances indicate that it might be impaired. The carrying values of property, plant and equipment, investments and intangible assets other than goodwill are reviewed for impairment only when events indicate the carrying value may In an impairment test the recoverable amount of the cash-generating unit or asset is estimated in order to determine the existence or extent of any impairment loss. The recoverable amount is the higher of fair value less costs to sell and the value in use to the Group. An impairment loss is recognized to the extent that the carrying value exceeds the recoverable amount. In determining a cash-generating unit’s or asset’s value in use, estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time-value of money and risks specific to the cash-generating unit or asset that have not An impairment loss in respect of goodwill is not no not no 2.8 Financial instruments Financial assets and liabilities are recognized in the Group’s Statement of Financial Position when the Group becomes a party to the contracted provision of the instrument. The following policies for financial instruments have been applied in the preparation of the consolidated financial statements. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value measurement is based on the presumption that the transaction to sell the asset or transfer the liability takes place either: • in the principal market for the asset or liability; or • in the absence of a principal market, in the most advantageous market for the asset or liability. The principal or the most advantageous market must be accessible by the Group. The fair value of an asset or a liability is measured using the assumptions that market participants would use when pricing the asset or liability, assuming that market participants act in their economic best interest. All assets and liabilities for which fair value is measured or disclosed in the financial statements are categorized within the fair value hierarchy, described as follows, based on the lowest level input that is significant to the fair value measurement as a whole: • Level 1 • Level 2 • Level 3 Cash and cash equivalents For the purpose of preparation of the Statement of Cash Flow, cash and cash equivalents includes cash at bank and in hand. Bank borrowings Interest-bearing bank loans are recorded at the proceeds received. Direct issue costs paid on the establishment of loan facilities are recognized over the term of the loan on a straight-line basis. The initial payment is taken to the Statement of Financial Position and then amortized over the full-length of the facility. Trade and other receivables Trade and other receivables are stated at amounts receivable less any allowance for the expected future issue of credit notes and for non-recoverability due to credit risk. Trade payables Trade payables are non-interest bearing and are stated at their amortized cost. Share Capital Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of ordinary shares are recognized as a deduction from equity, net of any tax effects. Repurchase of share capital (treasury shares) When share capital recognized as equity is repurchased as equity by the Company the amount of the consideration paid, which includes directly attributable costs, net of any tax effects, is recognized as a deduction from equity, and excluded from the number of shares in issue when calculating earnings per share. 2.9 Taxation Income tax expense comprises current and deferred tax. Current tax is recognized based on the amounts expected to be paid or recovered under the tax rates and laws that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is provided on temporary timing differences that arise between the carrying amounts of assets and liabilities for financial reporting purposes and their corresponding tax values. Liabilities are recorded on all temporary differences except in respect of initial recognition of goodwill and in respect of investments in subsidiaries where the timing of the reversal of the temporary difference is controlled by the Group and it is probable that it will not Deferred tax assets and liabilities are offset if there is a legally enforceable right to offset current tax assets and liabilities, they relate to income taxes levied by the same tax authority and the Group intends to settle current tax liabilities and assets on a net basis or their tax assets and liabilities will be realized simultaneously. Current and deferred tax are recognized in the Statement of Comprehensive Income, except when the tax relates to items charged or credited directly to equity, in which case it is dealt with directly in equity. 2.10 Provisions Provisions are recognized when the Group has a present obligation because of a past event, it is probable that the Group will be required to settle that obligation, and it can be measured reliably. Provisions are measured at the directors’ best estimate of the expenditure required to settle the obligation at the date of Statement of Financial Position. Where the time value of money is material, provisions are measured at the present value of expenditures expected to be paid in settlement. 2.11 Earnings per share The Group presents basic and diluted earnings per share [EPS] data for ordinary shares. Basic EPS is calculated by dividing the profit or loss attributable to ordinary shareholders of the Company by the weighted average number of ordinary shares, excluding the shares held as treasury shares. Currently there are no 2.12 Foreign currencies The Company’s functional and presentational currency is the US dollar. Items included in the separate financial statements of each Group entity are measured in the functional currency of that entity. Transactions denominated in foreign currencies are translated into the functional currency of the entity at the rates of exchange prevailing at the dates of the individual transactions. Foreign currency monetary assets and liabilities are translated at the rates of exchange prevailing at the end of the reporting period. Exchange gains and losses arising are charged to the Statement of Comprehensive Income within finance income or expenses. The Statement of Comprehensive and Statement of Financial Position of foreign entities are translated into US dollars on consolidation at the average rates for the period and the rates prevailing at the end of the reporting period respectively. Exchange gains and losses arising on the translation of the Group’s net investment foreign entities are recognized as a separate component of shareholders’ equity. Foreign currency denominated share capital and related share premium and reserve accounts are recorded at the historical exchange rate at the time the shares were issued or the equity created. 2.13 Revenue recognition Revenue comprises the fair value of the consideration received or receivable for the sale of services in the ordinary course of the Group’s activities. Revenue is shown net of discounts, value-added tax, other sales related taxes, and after the elimination of sales within the Group. Revenue comprises development revenues, electrical installations, electrical servicing and maintenance and generator sales. The Company adopted IFRS 15 The Group has a number of different revenue streams and the key components in determining the correct recognition are as follows: Development revenue, which is revenue generated from development services relating to the building and construction of solar projects, is recognized on a percentage completion basis as the value is accrued by the end user over the life of the contract. The periodic recognition is calculated through weekly project progress reports. Aevitas revenue for small jobs and those completed in a limited timeframe are recognized when the job is complete. On longer term projects revenue is recognized on a percentage completion basis. The projects have defined milestones which determines the timing of the billing to the customers. The achievement of the milestones then also provides an accurate indication of how much of the project is complete. 2.14 Employee benefits Pension The employer pension contributions are associated with defined contribution schemes. The costs are therefore recognized in the month in which the contribution is incurred, which is consistent with recognition of payroll expenses. Short-term benefits Short-term employee benefit obligations are measured on an undiscounted basis and are expensed as the related service is provided. A liability is recognized for the amount expected to be paid under short-term cash bonus or profit-sharing plans if the Group has a present legal or constructive obligation to pay this amount because of past service provided by the employee and the obligation can be reliably measured. Short-term compensated absences A liability for short-term compensated absences, such as holiday, is recognized for the amount the Group may 2.15 Restructuring costs Restructuring costs are by nature one not 1 37 2.1 6 New standards, amendments and interpretations not During the current year, the Group adopted all of the new and revised Standards and Interpretations issued by the International Accounting Standards Board (“IASB”) and the IFRS Interpretations Committee of the IASB that are relevant to its operations and effective for accounting periods beginning on April 1, 2017. The IASB and IFRIC have issued the following standards and with an effective date after the date of the financial statements and have not • IFRS 2 January 1, 2018; • IFRS 9: January 1, 2018; • IFRS 16: January 1, 2019; • IFRIC 22: January 1, 2018; • IFRIC 23: January 1, 2019. There are no not

Note 3 - Critical Accounting Ju

Note 3 - Critical Accounting Judgements and Estimates	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of accounting judgements and estimates [text block]	3. Critical accounting judgements and estimates In preparing the consolidated financial statements, the directors are required to make judgements in applying the Group’s accounting policies and in making estimates and making assumptions about the future. These estimates could have a significant risk of causing a material adjustment to the carrying value of assets and liabilities in the future financial periods. The critical judgements that have been made in arriving at the amounts recognized in the consolidated financial statements are discussed below. 3.1 IFRS 10 The objective of the standard is to establish principles for the presentation and preparation of consolidated financial statements when an entity controls one The Group assessed control by reviewing, first, whether the Group had power over the entity, secondly, had exposure, or rights, to variable returns from its involvement with the project, and finally, whether it had the ability to use its power over the investee to affect the amount of the project’s returns. On assessing the three not not 3.2 Impairment of non-financial assets The carrying values of property, plant and equipment, investments and intangible assets other than goodwill are reviewed for impairment only when events indicate the carrying value may As further disclosed in note 8, two March 31, 2018, March 31, 2018 During the year ended March 31, 2018, two 13. 3.3 Operating profit/(loss) In preparing the consolidated financial statements of the Group, judgement was applied with respect to those items which are presented on consolidated statement of comprehensive income as included within operating profit/(loss). Those revenues and expenses which are determined to be specifically related to the on-going operating activities of the business are included within operating profit. Expenses or charges to earnings which are not one not 3.4 Transaction related costs The transaction related costs were incurred by the business in preparation for the entry onto Nasdaq. The costs incurred were recharged costs from Arowana International Limited including legal, accounting and professional fees in relation to our operations in the United States. The costs by nature are one no 3.5 Income taxes In recognizing income tax assets and liabilities, management makes estimates of the likely outcome of decisions by tax authorities on transactions and events whose treatment for tax purposes is uncertain. Where the outcome of such matters is different, or expected to be different, from previous assessments made by management, a change to the carrying value of the income tax assets and liabilities will be recorded in the period in which such determination is made. The carrying values of income tax assets and liabilities are disclosed separately in the consolidated Statement of Financial Position. 3.6 Share option reserve As part of the Initial Public Offering Listing, VivoPower issued an amended and restated unit purchase option (UPO) replacing the options issued by Arowana Inc. The options are viewed as a share-based award granted to Early Bird Capital. The cost of the award is recognized directly in equity and is applied against capital raising costs. As the option holder has the right to receive shares in VivoPower international PLC the share-based payment transaction would be equity settled. The fair value of the options was determined at the grant date, using the Black Scholes Model, and not no 3. 7 Convertible preference shares and loan notes As part of the IPO listing process VivoPower acquired Aevitas. The instruments previously issued by Aevitas were restructured to become convertible into VivoPower shares. The company considered IAS 32 16

Note 4 - Revenue and Segmental

Note 4 - Revenue and Segmental Information	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of entity's operating segments [text block]	4 Revenue and segmental information The Group determines and presents operating segments based on the information that is provided internally to the Board of Directors, which is the Group’s chief operating decision maker. The Group considers that it has three An operating segment is a component of the Group that engages in business activities from which it may Segment results that are reported to the Board of Directors include items directly attributable to a segment as well as those that can be allocated to a segment on a reasonable basis. 4.1 Revenue Revenue by geographic location is follows: (US dollars in thousands) 2018 2017 2016 United States 1,662 24,945 - Australia 31,985 5,705 - United Kingdom - 1,600 - Total revenue 33,647 32,250 - Revenue by product and service is follows: (US dollars in thousands) 2018 2017 2016 Electrical equipment and related services 31,631 5,615 - Development fees 828 24,555 - Other revenue 1,188 2,080 - Total revenue 33,647 32,250 - No 10% one 2017: 40.3% 4.2 O perating segments a ) Segment results of operations Results of operations for the year ended March 31 2018 (US dollars in thousands) Solar Development Power Services Corporate Office Total Revenue 1,840 31,807 - 33,647 Costs of sales (1,042 ) (27,482 ) - (28,524 ) Gross profit 798 4,325 - 5,123 General and administrative expenses (6,468 ) (2,173 ) (4,173 ) (12,814 ) Gain on sale of assets 1,143 213 - 1,356 Depreciation and amortization (19 ) (1,233 ) (8 ) (1,260 ) Operating (loss)/p rofit (4,546 ) 1,132 (4,181 ) (7,595 ) Restructuring costs (964 ) (335 ) (574 ) (1,873 ) Impairment of assets (10,191 ) - - (10,191 ) Impairment of goodwill (11,092 ) - - (11,092 ) Transaction costs - - - - Finance expense - net (400 ) (1,283 ) (1,703 ) (3,386 ) (Loss)/p rofit before taxation (27,193 ) (486 ) (6,458 ) (34,137 ) Income tax expense 6,291 (85 ) 52 6,258 (Loss)/p rofit for the year (20,902 ) (571 ) (6,406 ) (27,879 ) 2017 (US dollars in thousands) Solar Development Power Services Corporate Office Total Revenue 26,636 5,614 - 32,250 Costs of sales (29 ) (4,948 ) - (4,977 ) Gross profit 26,607 666 - 27,273 General and administrative expenses (4,544 ) (598 ) (4,174 ) (9,316 ) Gain on sale of assets - - - - Depreciation and amortization (4 ) (646 ) (1 ) (651 ) Operating p rofit /(loss) 22,059 (578 ) (4,454 ) 17,306 Restructuring costs - - - - Impairment of assets - - - - Impairment of goodwill - - - - Transaction costs - - (5,800 ) (5,800 ) Finance expense - net (174 ) (363 ) (50 ) (587 ) Profit /(loss) before taxation 21,885 (941 ) (10,025 ) 10,919 Income tax expense (6,078 ) 294 446 (5,338 ) Profit /(loss) for the year 15,807 (647 ) (9,579 ) 5,581 As the company was formed on February 1, 2016, $0.3 two March 31, 2016 b ) Segment net assets Net assets as at March 31 2018 (US dollars in thousands) Solar Development Power Services Corporate Office Total Assets 41,270 34,421 621 76,312 Liabilities (11,101 ) (6,473 ) (21,735 ) (39,309 ) Net assets 30,169 27,948 (21,114 ) 37,003 2017 (US dollars in thousands) Solar Development Power Services Corporate Office Total Assets 42,235 24,268 34,333 100,836 Liabilities (27,858 ) (4,620 ) (3,752 ) (36,230 ) Net assets 14,377 19,648 30,581 64,606 All assets and liabilities reported as at March 31, 2016,

Note 5 - Gain on Sale of Assets

Note 5 - Gain on Sale of Assets	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of gain on sale of assets [text block]	5. Gain on sale of assets The gain on sale of assets for the year-ended March 31, 2018, $1.3 $1.1 $0.2 The proceeds on sale of the Amaroo solar project purchase price was $2.0 $0.9 $1.0 The Aevitas gain on sale of assets of $0.2

Note 6 - Operating Profit

Note 6 - Operating Profit	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of Operating Profit [Text Block]	6 . Operating Profit Operating profit is stated after charging: (US dollars in thousands) 2018 2017 2016 Amortization of intangible assets 840 548 - Depreciation of property, plant and equipment 420 103 - Operating lease costs – land and buildings 304 174 - Gain/(loss) on foreign exchange 59 - - Auditors’ remuneration – audit fees 414 246 - Auditors’ remuneration – audit related services - 57 - Auditors’ remuneration – tax services 13 - - Directors emoluments 1,131 1,705 - Gain/(loss) on disposal of assets 1,356 - - Auditors’ remuneration – audit related services for the year ended March 31, 2017,

Note 7 - Restructuring Costs

Note 7 - Restructuring Costs	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of restructuring costs [text block]	7 . Restructuring costs (US dollars in thousands) 2018 2017 2016 Corporate restructuring – workforce reduction 734 - - Corporate restructuring – professional fees 566 - - Corporate restructuring – terminated projects 573 - - Total 1,873 - - Restructuring costs by nature are one not During the year, the Board undertook a strategic restructuring of our business to align operations, personnel, and business development activities to focus on a fewer number of areas of activity. Associated with this restructuring was the departure of a number of employees and contractors from the business. The workforce reduction cost represents the total salary, benefit, severance, and contract costs paid in the year or accruing to these individuals in the future for which no not

Note 8 - Impairment of Assets a

Note 8 - Impairment of Assets and Assets Held for Sale	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of impairment of assets [text block]	8 . Impairment of assets and assets held for sale Subsequent to March 31, 2018, 14.5% 10% two $11.4 March 31, 2018 $21.6 $10.2 $11.4 15.

Note 9 - Staff Numbers and Cost

Note 9 - Staff Numbers and Costs	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of employee benefits [text block]	9 . Staff numbers and costs The average number of employees (including directors) during the year was: 2018 2017 2016 Sales and Business Development 9 5 - Central Services & Management 37 12 1 Production 148 26 - Total 194 43 1 Their aggregate remuneration costs comprised: (US dollars in thousands) 2018 2017 2016 Salaries, wages and incentives 11,857 5,605 102 Social security costs 2,457 398 - Pension contributions 278 196 - Short-term compensated absences 337 403 - Total 14,929 6,602 102 Directors’ emoluments were $1,130,570 2017: $1,704,809; 2016: nil $407,682 2017: $1,297,504; 2016: nil Key Management Personnel: (US dollars in thousands) 2018 2017 2016 Salaries, wages and incentives 2,281 3,014 - Social security costs 217 194 - Pension contributions 64 39 - Short-term compensated absences 13 101 - Total 2,575 3,348 - Key management personnel are those below the Board level that have a significant impact on the operations of the business. The number of key management personnel, including directors for the year ended March 31, 2018, 11 2017: 11; 2016: nil

Note 10 - Finance Income and Ex

Note 10 - Finance Income and Expense	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of finance income (cost) [text block]	10. (US dollars in thousands) 2018 2017 2016 Finance income - - Interest received 9 13 - Foreign exchange gains - 13 - Total 9 - - Finance expense Related party loan interest payable 1,636 171 1 Convertible loan notes and preference shares interest payable 1,220 358 - Financing agreement finance cost payable 217 - - Finance lease interest payable 55 - - Bank interest payable 17 5 - Foreign exchange losses 93 2 1 Other finance costs 157 58 - Total 3,395 600 2

Note 11 - Income Tax Expenses

Note 11 - Income Tax Expenses	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of income tax [text block]	11 . Income tax expenses The tax charge comprises: (US dollars in thousands) 2018 2017 2016 Current tax UK corporation tax (29 ) - - Foreign tax 2,279 (2,361 ) - Total current tax 2,250 (2,361 ) - Deferred tax Current year - UK corporation tax (370 ) 451 - Foreign tax 4,378 (3,428 ) - Total deferred tax 4,008 (2,977 ) - - Total tax recovery/(charge) on profit on 6,258 (5,338 ) - The difference between the total tax charge and the amount calculated by applying the weighted average corporation tax rates applicable to each of the tax jurisdictions in which the Group operates to the profit before tax is shown below. (US dollars in thousands) 2018 2017 2016 (Loss)/ profit on ordinary activities before tax (34,137 ) 10,919 - Tax on Group (loss)/profit on ordinary activities at the weighted average corporation tax rate of 23% (2017: UK standard corporation tax rate of 20%) 7,772 (2,184 ) - Effects of: - Expenses that are not deductible in determining taxable profits (3,872 ) (20 ) - Release of prior year current tax provision 2,358 - - Tax rates of subsidiaries operating in other jurisdictions - (3,108 ) - Change in tax rates - (26 ) - Total tax recovery/( charge ) for the year tatement of 6,258 (5,338 ) - 11 .1 Deferred tax assets 2018 2017 2016 Deferred tax assets 2,570 2,312 - Deferred tax liabilities (26 ) (3,776 ) - Net deferred tax asset/(l iability ) 2,544 (1,464 ) - These assets and liabilities are analyzed as follows: Deferred tax assets Tax losses Other timing differences Total April 1, 2016 - - - Credit/(charged) to statement of comprehensive income 739 - 739 Acquisition 1,573 - 1,573 March 31, 2017 2,312 - 2,313 Transfer (720 ) 720 - Credit/(charged) to statement of comprehensive income (8 ) 265 257 March 31, 2018 1,585 985 2,570 Deferred tax liabilities Accelerated allowances Other timing differences Total April 1, 2016 - - - Credit/(charged) to statement of comprehensive income (13 ) (3,763 ) (3,776 ) March 31, 2017 (13 ) (3,763 ) (3,776 ) Credit/(charged) to statement of comprehensive income 5 3,745 3,750 March 31, 2018 (8 ) (18 ) (26 ) Deferred tax has been recognized in the current period using the tax rates applicable to each of the tax jurisdictions in which the Group operates. Deferred tax assets and liabilities are offset when there is a legally enforceable right to set off current tax assets against current tax liabilities.

Note 12 - Property, Plant and E

Note 12 - Property, Plant and Equipment	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of property, plant and equipment [text block]	12 . Property, plant and equipment (US dollars in thousands) Computer Equipment Motor Vehicles Plant & Equipment Leasehold improvement Fixtures and Fittings Total Cost At April 1, 2016 3 - - - - 3 Additions 34 44 16 - - 94 Acquisition 488 1,588 1,876 156 11 4,119 At March 31 , 2017 525 1,632 1,892 156 11 4,216 Foreign exchange 3 10 12 1 - 26 Additions 121 437 537 4 2 1,101 Disposals (7 ) (82 ) (921 ) - - (1,010 ) At March 31, 201 8 642 1,997 1,520 161 13 4,333 (US dollars in thousands) Computer Equipment Motor Vehicles Plant & Equipment Leasehold improvement Fixtures and Fittings Total Depreciation At April 1, 2016 - - - - - - Additions 24 45 31 3 - 103 Acquisition 303 982 619 38 8 1.950 At March 31, 2017 327 1,027 650 41 8 2,053 Foreign exchange 2 6 4 - - 12 Charge for the year 97 203 107 12 1 420 Disposals (4 ) (63 ) - - - (67 ) At March 31, 201 8 422 1,173 761 53 9 2,418 Net book value At April 1, 2016 3 - - - - 3 At March 31, 2017 198 605 1,242 115 3 2,163 At March 31, 201 8 220 824 759 108 4 1,915 The Group has $0.6 2017: $0.3; 2016: nil 19.

Note 13 - Intangible Assets

Note 13 - Intangible Assets	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of intangible assets and goodwill [text block]	13 . Intangible Assets (US dollars in thousands) 2018 2017 2016 Goodwill 24,482 30,393 - Other intangible assets 11,920 15,927 - Carrying value at March 31 36,402 46,320 - (a) Goodwill Goodwill arose on the purchase of Aevitas O Holdings Limited and VivoPower Pty Limited on December 29, 2016. (US dollars in thousands) 2018 2017 2016 As at April 1 30,393 - - Revaluations 3,597 - - Goodwill previously not recognized 627 - - Impairment (11,092 ) - - Reclassifications 138 - - Additions - 30,024 - Foreign exchange 819 369 - Carrying value at March 31 24,482 30,393 - The carrying amounts of goodwill by Cash Generating Unit (“CGU”) are as follows: (US dollars in thousands) 2018 2017 2016 Aevitas O Holdings Limited 13,949 9,800 - VivoPower Pty Limited 10,533 20,593 - Total 24,482 30,393 - In the prior year, the Group took advantage of the provisions of IFRS 3 $3.6 The Group conducts impairment tests on the carrying value of goodwill annually, or more frequently if there are any indications that goodwill might be impaired. The recoverable amount of the Cash Generating Unit (“CGU”) to which goodwill has been allocated are determined from value in use calculations. The key assumptions in the calculations are the discount rates applied, expected operating margin levels and long-term growth rates. Management estimates discount rates that reflect the current market assessments while margins and growth rates are based upon approved budgets and related projections. The Group prepares cash flow forecasts using the approved budgets for the coming financial year and management projections for the following two As a result of the impairment review as at March 31, 2018, $10.5 12.1% March 31, 2019 15.1% third In addition, an impairment charge of $0.6 first three three not April 1, 2018. $0.6 March 31, 2018. The CGU represented by Aevitas was assessed to have a value in excess of its respective carrying value and hence no ● the discount rate was based on the weighted average cost of capital of 9.2% 2017: 8.3% ● no no (b) Other Intangible assets (US dollars in thousands) Customer Relationships Trade Names Favorable Supply Contracts Databases Other Total Cost At April 1, 2016 - - - - - - Additions 9,953 2,488 2,488 734 812 16,475 At March 31 , 2017 9,953 2,488 2,488 734 812 16,475 Foreign exchange 139 63 126 4 - 332 Revaluation (4,293 ) 129 1,963 (584 ) (812 ) (3,597 ) Additions - - - - 98 98 At March 31, 201 8 5,799 2,680 4,577 154 98 13,308 (US dollars in thousands) Customer Relationships Trade Names Favorable Supply Contracts Databases Other Total Amortization At April 1, 2016 - - - - - - Amortization 347 43 122 36 - 548 At March 31, 2017 347 43 122 36 - 548 Amortization 330 194 284 32 - 840 At March 31, 201 8 677 237 406 68 - 1,388 Net book value At April 1, 2016 - - - - - - At March 31, 2017 9,606 2,445 2,366 698 812 15,927 At March 31, 201 8 5,122 2,443 4,171 86 98 11,920

Note 14 - Investment in Subsidi

Note 14 - Investment in Subsidiaries	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of interests in subsidiaries [text block]	14 . Investment in subsidiaries The principal operating undertakings in which the Group’s interest at the year-end is more than 20% Subsidiary undertakings Percentage of ordinary shares held Registered address VivoPower International Services Limited 100% 3rd Floor 37 Esplanade, St Helier, Jersey, JE2 3QA VivoPower International Holdings Limited 100% 91 Wimpole Street, London, UK, W1G 0EF VivoPower USA, LLC 100% VivoRex, LLC 100% VivoPower US-NC-31, LLC 100% 251 Little Falls Drive, Wilmington, DE, USA 19808 VivoPower US-NC-47, LLC 100% VivoPower (USA) Development, LLC 100% VivoPower Pty Limited 100% VivoPower WA Pty Limited 100% VVP Project 1 Pty Limited 100% VVP Project 2 Pty Limited 100% Amaroo Solar Tco Pty Limited 100% Amaroo Solar Hco Pty Limited 100% Amaroo Solar Fco Pty Limited 100% Amaroo Solar Pty Limited 100% SC Tco Pty Limited 100% SC Hco Pty Limited 100% 153 Walker St, North Sydney NSW, Australia 2060 SC Fco Pty Limited 100% SC Oco Pty Limited 100% ACN 613885224 Pty Limited 100% Juice Capital Fund 1 Pty Limited 100% Aevitas O Holdings Pty Limited 100% Aevitas Group Limited 99.9% Aevitas Holdings Pty Limited 100% Electrical Engineering Group Pty Limited 100% JA Martin Electrical Limited 100% Kenshaw Electrical Pty Limited 100% VivoPower Singapore Pte Limited 100% 36, UOB Plaza 1, 80 Raffles Pl, Singapore 048624 V.V.P. Holdings Inc. 40% Unit 10A, Net Lima Building, 5th Avenue cor. 26th VivoPower Philippines Inc. 64% Street, E-Square Zone, Crescent Park West, VivoPower RE Solutions Inc. 64% Bonifacio Global City, Taguig, Metro Manila Innovative Solar Ventures I, LLC 50% 251 Little Falls Drive, Wilmington, DE, USA 19808 The Philippine entities above, listed as Associates, are under the control of VivoPower Singapore Pte Limited, and therefore are consolidated into the consolidated financials of VivoPower International PLC. This is in line with IFRS 10 [7] three

Note 15 - Investments

Note 15 - Investments	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of investments other than investments accounted for using equity method [text block]	15 . Investments (US dollars in thousands) % Owned 2018 2017 2016 Innovative Solar Ventures I, LLC 50% 14,147 - - US-NC-31 Sponsor Partner, LLC 14.45% - 10,529 - US-NC-47 Sponsor Partner, LLC 10% - 7,531 - Total 14,147 18,060 - In April 2017, 50% 38 9 1.8 Under the terms of the agreement, the Company committed to invest $14.9 March 31, 2018, $0.7 Under the terms of the ISS Joint Venture agreement the Company committed to invest $14.9 50% 38 $0.8 not $0.5 $14.9 38 $14.9 $12.4 March 31, 2018, March 31, 2018 $1.3 The table below provides summarized financial information for the ISS Joint Venture. The information disclosed reflects the amounts presented in the financial statements of ISS Joint Venture, amended to reflect adjustments made by the Company when using the equity method, including fair value adjustments and modifications for differences in accounting policy. The summarized financial information for the ISS Joint Venture does not (US dollars in thousands) 2018 2017 2016 Current assets 13,617 - - Non-current assets 819 - - Net assets 24,482 - - No no 2017: nil Reconciliation to carrying amounts (US dollars in thousands) 2018 2017 2016 Opening net assets - - - Initial investment 29,808 - - Commission credit (1,514 ) - - Net assets 28,294 - - VivoPower share in % 50 % - - VivoPower share in $ (US dollars in thousands) 14,147 - - During the year ended March 31, 2017, first two 31 47 June 14, 2016, August 29, 2016, July 29, 2016, October 25, 2016 third 14.5% 10.0% 31 47, $18.1 March 31, 2017, $3.5 March 31, 2018, $21.6 March 31, 2018, 8.

Note 16 - Cash and Cash Equival

Note 16 - Cash and Cash Equivalents	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of cash and cash equivalents [text block]	16. (US dollars in thousands) 2018 2017 2016 Cash at bank and in hand 1,939 10,970 28 The credit ratings of the counterparties with which cash was held are detailed in the table below. (US dollars in thousands) 2018 2017 2016 A-1+ 830 2,341 - A-1 969 8,161 - A-2 140 468 - Total 1,939 10,970 -

Note 17 - Trade and Other Recei

Note 17 - Trade and Other Receivables	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of trade and other receivables [text block]	17 . Trade and other receivables (US dollars in thousands) 2018 2017 2016 Current receivables - Trade receivables 5,333 5,248 - Accrued income 120 13,183 - Prepayments 391 563 - Other receivables 2,059 722 - Related party receivable - 128 - Total 7,903 19,844 - - Non-current receivables - Loan due from associate - 549 - Other receivables - 618 - Total - 1,167 - Analysis of trade receivables: (US dollars in thousands) 2018 2017 2016 Trade and other receivables 5,335 5,250 - Less: credit note provision (2 ) (2 ) - Total 5,333 5,248 - The maximum exposure to credit risk for trade receivables by geographic region was: (US dollars in thousands) 2018 2017 2016 USA 129 - - United Kingdom 12 1,600 - Australia 5,192 3,648 - Total 5,333 5,248 - The aging of the trade receivables, net of provisions is: (US dollars in thousands) 2018 2017 2016 0-90 days 5,326 5,092 - Greater than 90 days 7 156 - Total 5,333 5,248 -

Note 18 - Trade and Other Payab

Note 18 - Trade and Other Payables	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of trade and other payables [text block]	18 . Trade and other payables (US dollars in thousands) 2018 2017 2016 Trade payables 5,644 2,158 185 Accruals 3,008 1,297 1 Related party payable - 1,445 - Treasury shares (see note 25 for further details) - 592 - Payroll liabilities 504 1,972 - Sales tax payable 310 412 - Deferred income 1,544 305 - Other creditors 3,072 81 - Total 14,082 8,262 186

Note 19 - Obligations Under Fin

Note 19 - Obligations Under Finance Leases	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of leases [text block]	19. (US dollars in thousands) Minimum lease payments Present value of minimum lease payments 201 8 2017 2016 201 8 2017 2016 Amounts payable under finance leases: Less than one year 291 165 - 285 145 - Later than one year but not more than five 327 107 - 293 95 - 618 272 - 578 240 - Future finance charges (40 ) (32 ) - - - - Total obligations 578 240 - - - -

Note 20 - Provisions

Note 20 - Provisions	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of provisions [text block]	20. (US dollars in thousands) 2018 2017 2016 Current provisions Employee and contractor termination 616 - - Onerous contract 380 - - Employee entitlements 1,474 1,339 - - Non-current provisions - Employee entitlements 288 237 - Total 2,758 1,576 - The employee and contractor termination provision represents severance and contract termination costs associated with employees and contractors who departed the business as a result of the restructuring more fully disclosed in note 7. The onerous contract provision recognizes the loss associated with a contract to sell Solar Renewable Energy Certificates purchased from the NC- 47 April 21, 2022. (US dollars in thousands) Employee E ntitlements Employee T ermination Contractor T ermination Onerous C ontract Total At 1 April 2016 - - - - - Acquired through business combinations 1,576 - - - 1,576 A t 31 March 2017 1,576 - - - 1,576 Additional provisions recognized 186 32 584 380 1,182 A t 31 March 2018 1,762 32 584 380 2,758 Employee entitlements include long term leave and vacation provisions.

Note 21 - Loans and Borrowings

Note 21 - Loans and Borrowings	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of debt instruments [text block]	21 . Loans and borrowings (US dollars in thousands) 2018 2017 2016 Current liabilities Financing agreement 2,000 - - Related party loans 1,670 - 8,001 Bank loan - 90 - - Non-current liabilities - Bank loan - 933 - Related party loan 18,092 18,992 - Total 21,762 20,015 8,001 The financing agreement represents a short-term loan from SolarTide, LLC, an affiliate of DEPCOM Power, which was made in January 2018, $0.3m, 12% May 2018. The related party loans in current liabilities are with Arowana International Limited. A $0.8 March 2018, 8.5%, April 2018. $0.9 The bank loan was due to ANZ Bank and was repaid in February 2018 11.5 $7,500 138 The non-current related party loan of $18.1 $19 8.5% twelve $75,000 April 2018, 24

Note 22 - Called Up Share Capit

Note 22 - Called Up Share Capital	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of classes of share capital [text block]	22. Called up share capital 2018 2017 2016 Allotted, called up and fully paid Ordinary shares of $0.012 each as at 31 March $ 162,689 $ 162,689 $ 72,125 Number allotted Ordinary shares of $0.012 each 13,557,376 13,557,376 5,514,375 No. of shares At April 1, 2016 5,514,375 Issue of new shares 8,043,001 At April 1, 201 7 13,557,376 Issue of new shares - At March 31, 201 8 13,557,376

Note 23 - Other Reserves

Note 23 - Other Reserves	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of reserves within equity [text block]	23. Other reserves (US dollars in thousands) 2018 2017 2016 Equity instruments 25,072 25,072 Share option reserve 3,713 3,713 - Capital raising costs (9,722 ) (9,722 ) - Treasury shares (see note 25) (592 ) (592 ) - Foreign exchange (88 ) (142 ) - Total 18,383 18,329 - Equity instruments are convertible preference shares and convertible loan notes in Aevitas Group Limited (“Aevitas Group”) which must convert to shares of VivoPower at $10.20 no 30 June 2021. There are 2,473,367 AU$3.00 June 30, 2021. AU$9,956,149 December 29, 2016, There are 2,473,367 AU$7.00 June 30, 2021. AU$22,489,140 December 29, 2016, Dividends or interest is payable quarterly in arrears at a rate of 7% December 29, 2016. US$10.20 In connection with the acquisition of Aevitas Group, the Company entered into a guarantee of the obligations of Aevitas Group under the terms of the preference shares and loan notes. The share option reserve represents 828,000 US$8.70 April 30, 2020. not

Note 24 - Earnings Per Share

Note 24 - Earnings Per Share	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of earnings per share [text block]	24. The earnings and weighted average numbers of ordinary shares used in the calculation of earnings per share are as follows: (US dollars in thousands) 2018 2017 2016 Profit/(loss) for the year (27,879 ) 5,581 (281 ) Weighted average number of shares in issue (‘000s) 13,557 7,624 5,514 Basic earnings/(loss) per share (dollars) (2.06 ) 0.73 (0.05 ) Diluted earnings/(loss) per share (dollars) (2.06 ) 0.73 (0.05 )

Note 25 - Treasury Shares

Note 25 - Treasury Shares	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of treasury shares [text block]	25. On March 30, 2017, 129,805 $4.50 $591,916,

Note 26 - Contingencies

Note 26 - Contingencies	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of contingencies [text block]	26. cies (a) Litigation On February 26, 2018, October 4, 2017. £615,600 £540,000 On April 9, 2018, $27 As the outcome of the litigation is uncertain, very much dependent upon uncertain future determinations by third no (b) Bank guarantees The Group has issued bank guarantees totaling $1.0 first

Note 27 - Operating Lease Commi

Note 27 - Operating Lease Commitments	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of Operating Lease Commitments [Text Block]	2 7 . Operating lease commitments (US dollars in thousands) 2018 2017 2016 Property Property Property Commitments under non-cancellable operating leases expiring: Within one year 144 15 - Later than one year and less than five years 160 159 - The Group leases several buildings and office facilities. The terms of the leases vary from location to location. The main leases are in New South Wales, Australia and run for a period for a period of 5 1 2019.

Note 28 - Pensions

Note 28 - Pensions	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of defined benefit plans [text block]	2 8 . Pensions The Group’s principal pension plan comprises the compulsory Superannuation scheme in Australia, where the Group contributes 9.5%. $900,483 2017: $196,005; 2016: nil

Note 29 - Financial Instruments

Note 29 - Financial Instruments	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of financial instruments [text block]	2 9 . Financial instruments (US dollars in thousands) 2018 2017 2016 Financial assets Trade and other receivables 7,511 20,448 - Cash and cash equivalents 1,939 10,970 28 Total 9,450 31,418 28 Financial Liabilities Loans and borrowings 21,762 20,015 8,001 Trade and other payables 13,268 5,878 186 Finance leases payable 578 240 - Total 35,608 26,133 8,187 (a) Financial risk management The Group’s principal financial instruments are bank balances, cash and medium-term loans. The main purpose of these financial instruments is to manage the Group’s funding and liquidity requirements. The Group also has other financial instruments such as trade receivables and trade payables which arise directly from its operations. The Group is exposed through its operations to the following financial risks: ● Liquidity risk ● Credit risk ● Interest rate risk ● Foreign currency risk The Board of Directors has overall responsibility for the establishment and oversight of the Group’s risk management framework. Policy for managing risks is set by the Chief Financial Officer and is implemented by the Group’s finance department. All risks are managed centrally with a tight control of all financial matters. (b) Liquidity risk Liquidity risk is the risk that the Group will not no $1.9 2017: $10.9 $19.0 2017: $19.0 1.03 2017: 2.53:1 (c) Credit risk The primary risk arises from the Group’s receivables from customers. The majority of the Group’s customers are long standing and have been a customer of the Group for many years. Losses have occurred infrequently. The Group is mainly exposed to credit risks from credit sales but the Group has no The Group does not not The credit quality of debtors neither past due nor impaired is good. Refer to note 17 (d) Foreign currency risk The Group operates internationally and is exposed to foreign exchange risk on sales and purchases that are denominated in currencies other than the respective functional currencies of the Group entities to which they relate, primarily with respect to GBP and USD, but also between USD and AUD. The Group’s investments in overseas subsidiaries are not The Group is exposed to foreign exchange risk on $7.4 $6.1 $4.9 $1.2 The related party loans are denominated in USD, and therefore, foreign currency risk is eliminated. (e) Interest rate risk As a result of the related party loan agreement the Group is exposed to interest rate volatility. However, the interest rate is fixed for the medium term, therefore, the risk is largely mitigated for the near future. The Group will continue to monitor the movements in the wider global economy.

Note 30 - Related Party Transac

Note 30 - Related Party Transactions	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of related party [text block]	30 . Related party transactions Arowana International Limited is the ultimate controlling party by virtue of its 60.3% two VivoPower is indebted to Arowana via a related party loan on normal commercial terms with interest charged at 8.5% April 2018. March 31, 2018 $770,000 2017: nil VivoPower is indebted to Arowana via a related party loan on normal commercial terms with interest charged at 8.5% $75,000 April 2018. March 31, 2018, $18,992,263 2017: $18,992,263 Directors fees for Kevin Chin in the amount of $21,094 March 31, 2018, $42,188 2017: nil Art Russell, Chief Financial Officer, is employed by Arowana International UK Limited, a subsidiary of Arowana, and seconded to VivoPower; $26,352 March 31, 2018, $80,036 2017: nil Gary Hui, Director, is paid an annual salary of $360,000 $260,000 March 31, 2018, $242,915 2017: $121,046 From time to time, costs incurred by Arowana on behalf of VivoPower are recharged to the Company. During the year ended March 31, 2018, $1.6 third 31, 27 March 2017; $202,003 7. March 31, 2018, $1,802,003 2017: nil Kevin Chin or entities controlled by Kevin Chin are investors in ReNu Energy, with whom the Group into an alliance agreement and sold the Amaroo solar project for $2.0 Aevitas is indebted to the following subsidiaries of Arowana via their holdings in Aevitas convertible loan notes, which are accounted for as equity instruments within other reserves, and for which they earned $758,766 March 31, 2018. December 29, 2016: ● Arowana Australasian Special Situations 1A 666,666 $4,655,366; ● Arowana Australasian Special Situations 1B 666,666 $4,655,366; ● Arowana Australasian Special Situations 1C 666,667 $4,655,366. Subsidiaries of Arowana hold the following convertible preferred shares of Aevitas, which are accounted for as equity instruments within other reserves, and for which they earned $325,185 March 31, 2018. December 29, 2016: ● Arowana Australasian Special Situations 1A 388,889 $1,163,843; ● Arowana Australasian Special Situations 1B 388,889 $1,163,843; ● Arowana Australasian Special Situations 1C 388,889 $1,163,843; ● Arowana Australasian Special Situations Fund 1 833,333 $2,493,948. Aevitas is indebted to the following entities via their holdings in Aevitas convertible loan notes: ● The Panaga Group Trust, of which Mr. Kevin Chin is a beneficiary and one 4,500 $31,425 December 31, 2016, $1,707 March 31, 2018; ● Sd & K Investments Pty Ltd an entity controlled by Mr. Dudley Hoskin holds 43,249 $302,010, December 31, 2016, $16,408 March 31, 2018. Aevitas is indebted to the following entities via their holdings in Aevitas convertible preferred shares: ● The Panaga Group Trust, of which Mr. Kevin Chin is a beneficiary and one 4,500 $13,467 December 31, 2016, $732 March 31, 2018; ● Sd & K Investments Pty Ltd an entity controlled by Mr. Dudley Hoskin holds 43,249 $129,433 December 31, 2016, $7,032 March 31, 2018

Note 31 - Key Management Person

Note 31 - Key Management Personnel Compensation	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of information about key management personnel [text block]	3 1 . Key management personnel compensation Key management personnel, which are those roles that have a Group management aspect to them are included in note 9

Note 32 - Ultimate Controlling

Note 32 - Ultimate Controlling Party	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of Ultimate Controlling Party [Text Block]	3 2 . Ultimate controlling party The ultimate controlling party and the results into which these financials are consolidated is Arowana International Limited. F- 33

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Mar. 31, 2018
Discloure of Significant Accounting Policies
Description of accounting policy for basis of preparation [text block]	Basis of preparation VivoPower International PLC consolidated financial statements were prepared in accordance with International Financial Reporting Standards (IFRS), as issued by the International Accounting Standards Board (IASB), IFRIC interpretations and the Companies Act 2006 The preparation of financial statements with adopted IFRS requires the use of critical accounting estimates. It also requires the management to exercise judgement in the process of applying the Company’s accounting policies. The areas involving a higher degree of judgement or complexity, or areas where the assumptions and estimates are significant to the consolidated financial statements are disclosed in note 3. The financial statements have been prepared on a going concern basis, as the directors believe the Company will be able to meet its liabilities as they fall due. During the year ended March 31, 2018, $3.4 $11.4 8, $2.0 21. $2.4 March 31, 2018, $2.3 July 2019. In order to develop the portfolio of solar projects within Innovative Solar Ventures I, LLC joint venture, as disclosed in note 15, To ensure success of the business, the directors have prepared and reviewed additional plans to mitigate any cash flow risk that may twelve $19.0 21, Based on the foregoing, the directors believe that the Company is well placed to manage its business risk successfully, despite some current economic and political uncertainty. The directors therefore have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus, they have continued to adopt the going concern basis in preparing these financial statements. All financial information presented in US dollars has been rounded to the nearest thousand.
Description of accounting policy for consolidation [text block]	Basis of consolidation The consolidated financial statements include those of VivoPower International PLC and all of its subsidiary undertakings. Subsidiary undertakings are those entities controlled directly or indirectly by the Company. The results of the subsidiaries acquired are included in the consolidated Statement of Comprehensive Income from the date of acquisition using the same accounting policies of those of the Group. All business combinations are accounted for using the purchase method. Where necessary, adjustments are made to the financial statements of subsidiaries to bring their accounting policies in line with those used by other members of the Group. All intra-group balances and transactions, including any unrealized income and expense arising from intra-group transactions, are eliminated in full in preparing the consolidated financial statements. Unrealized gains arising from transactions with equity invested investees are eliminated against the investment to the extent of the Group’s interest in the investee. Unrealized losses are eliminated in the same way as unrealized gains, but only to the extent that there is no
Description of accounting policy for intangible assets and goodwill [text block]	Intangible assets All intangible assets, except goodwill, are stated at fair value less accumulated amortization and any accumulated impairment losses. Goodwill is not Goodwill Goodwill arose on the effective acquisition of VivoPower Pty Limited and Aevitas Group Limited (“Aevitas”). Goodwill is reviewed annually to test for impairment. Other intangible assets Intangible assets acquired through a business combination are initially measured at fair value and then amortized over their useful economic lives. In the prior year, the Group took advantage of the provisions of IFRS 3 13. Amortization is calculated on a straight-line basis to write down the assets over their useful economic lives at the following rates: Customer relationships – 7 Trade names – 14 Favorable supply contracts – 5 Databases – 5
Description of accounting policy for property, plant and equipment [text block]	Property, plant and equipment Property, plant and equipment are stated at cost less accumulated depreciation and any accumulated impairment losses. The cost of an item of property, plant and equipment comprises its purchase price and the costs directly attributable to bringing the asset into use. When parts of an item of property, plant and equipment have different useful lives, they are accounted as separate items (major components) of property, plant and equipment. Depreciation is calculated on a straight-line basis so as to write down the assets to their estimated residual value over their useful economic lives at the following rates: Computer equipment - 3 Fixtures and fittings - 3 Motor vehicles - 5 Plant and equipment – 3.5 10 Leasehold improvements – 20 40
Description of accounting policy for business combinations [text block]	Business combinations Acquisitions of subsidiaries and businesses are accounted for using the purchase method. The consideration transferred in a business combination is the fair value at the acquisition date of the assets transferred and the liabilities incurred by the Group and includes the fair value of any contingent consideration arrangement. Acquisition-related costs are recognized in the income statement as incurred.
Description of accounting policy for leases [text block]	Leases Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee. All other leases are classified as operating leases. Assets held under finance leases are initially recognized as property, plant and equipment at an amount equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments at the inception of the lease, and then depreciated over their useful economic lives. Lease payments are apportioned between the repayment of capital and interest. The capital element of future lease payments is included in the Statement of Financial Position as a liability. Interest is charged to the Statement of Comprehensive Income so as to achieve a constant rate of interest on the remaining balance of the liability. Rentals payable under operating leases are charged to the Statement of Comprehensive Income on a straight-line basis over the lease term. Operating leases incentives are recognized as a reduction in the rental expense over the lease term.
Description of accounting policy for impairment of non-financial assets [text block]	Impairment of non-financial assets Goodwill is allocated to cash-generating units for the purposes of impairment testing. The recoverable amount of the cash-generating unit (‘CGU’) to which the goodwill relates is tested annually for impairment or when events or changes to circumstances indicate that it might be impaired. The carrying values of property, plant and equipment, investments and intangible assets other than goodwill are reviewed for impairment only when events indicate the carrying value may In an impairment test the recoverable amount of the cash-generating unit or asset is estimated in order to determine the existence or extent of any impairment loss. The recoverable amount is the higher of fair value less costs to sell and the value in use to the Group. An impairment loss is recognized to the extent that the carrying value exceeds the recoverable amount. In determining a cash-generating unit’s or asset’s value in use, estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time-value of money and risks specific to the cash-generating unit or asset that have not An impairment loss in respect of goodwill is not no not no
Description of accounting policy for financial instruments [text block]	Financial instruments Financial assets and liabilities are recognized in the Group’s Statement of Financial Position when the Group becomes a party to the contracted provision of the instrument. The following policies for financial instruments have been applied in the preparation of the consolidated financial statements. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value measurement is based on the presumption that the transaction to sell the asset or transfer the liability takes place either: • in the principal market for the asset or liability; or • in the absence of a principal market, in the most advantageous market for the asset or liability. The principal or the most advantageous market must be accessible by the Group. The fair value of an asset or a liability is measured using the assumptions that market participants would use when pricing the asset or liability, assuming that market participants act in their economic best interest. All assets and liabilities for which fair value is measured or disclosed in the financial statements are categorized within the fair value hierarchy, described as follows, based on the lowest level input that is significant to the fair value measurement as a whole: • Level 1 • Level 2 • Level 3 Cash and cash equivalents For the purpose of preparation of the Statement of Cash Flow, cash and cash equivalents includes cash at bank and in hand. Bank borrowings Interest-bearing bank loans are recorded at the proceeds received. Direct issue costs paid on the establishment of loan facilities are recognized over the term of the loan on a straight-line basis. The initial payment is taken to the Statement of Financial Position and then amortized over the full-length of the facility. Trade and other receivables Trade and other receivables are stated at amounts receivable less any allowance for the expected future issue of credit notes and for non-recoverability due to credit risk. Trade payables Trade payables are non-interest bearing and are stated at their amortized cost. Share Capital Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of ordinary shares are recognized as a deduction from equity, net of any tax effects. Repurchase of share capital (treasury shares) When share capital recognized as equity is repurchased as equity by the Company the amount of the consideration paid, which includes directly attributable costs, net of any tax effects, is recognized as a deduction from equity, and excluded from the number of shares in issue when calculating earnings per share.
Description of accounting policy for income tax [text block]	Taxation Income tax expense comprises current and deferred tax. Current tax is recognized based on the amounts expected to be paid or recovered under the tax rates and laws that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is provided on temporary timing differences that arise between the carrying amounts of assets and liabilities for financial reporting purposes and their corresponding tax values. Liabilities are recorded on all temporary differences except in respect of initial recognition of goodwill and in respect of investments in subsidiaries where the timing of the reversal of the temporary difference is controlled by the Group and it is probable that it will not Deferred tax assets and liabilities are offset if there is a legally enforceable right to offset current tax assets and liabilities, they relate to income taxes levied by the same tax authority and the Group intends to settle current tax liabilities and assets on a net basis or their tax assets and liabilities will be realized simultaneously. Current and deferred tax are recognized in the Statement of Comprehensive Income, except when the tax relates to items charged or credited directly to equity, in which case it is dealt with directly in equity.
Description of accounting policy for provisions [text block]	Provisions Provisions are recognized when the Group has a present obligation because of a past event, it is probable that the Group will be required to settle that obligation, and it can be measured reliably. Provisions are measured at the directors’ best estimate of the expenditure required to settle the obligation at the date of Statement of Financial Position. Where the time value of money is material, provisions are measured at the present value of expenditures expected to be paid in settlement.
Description of accounting policy for earnings per share [text block]	Earnings per share The Group presents basic and diluted earnings per share [EPS] data for ordinary shares. Basic EPS is calculated by dividing the profit or loss attributable to ordinary shareholders of the Company by the weighted average number of ordinary shares, excluding the shares held as treasury shares. Currently there are no
Description of accounting policy for foreign currency translation [text block]	Foreign currencies The Company’s functional and presentational currency is the US dollar. Items included in the separate financial statements of each Group entity are measured in the functional currency of that entity. Transactions denominated in foreign currencies are translated into the functional currency of the entity at the rates of exchange prevailing at the dates of the individual transactions. Foreign currency monetary assets and liabilities are translated at the rates of exchange prevailing at the end of the reporting period. Exchange gains and losses arising are charged to the Statement of Comprehensive Income within finance income or expenses. The Statement of Comprehensive and Statement of Financial Position of foreign entities are translated into US dollars on consolidation at the average rates for the period and the rates prevailing at the end of the reporting period respectively. Exchange gains and losses arising on the translation of the Group’s net investment foreign entities are recognized as a separate component of shareholders’ equity. Foreign currency denominated share capital and related share premium and reserve accounts are recorded at the historical exchange rate at the time the shares were issued or the equity created.
Description of accounting policy for recognition of revenue [text block]	Revenue recognition Revenue comprises the fair value of the consideration received or receivable for the sale of services in the ordinary course of the Group’s activities. Revenue is shown net of discounts, value-added tax, other sales related taxes, and after the elimination of sales within the Group. Revenue comprises development revenues, electrical installations, electrical servicing and maintenance and generator sales. The Company adopted IFRS 15 The Group has a number of different revenue streams and the key components in determining the correct recognition are as follows: Development revenue, which is revenue generated from development services relating to the building and construction of solar projects, is recognized on a percentage completion basis as the value is accrued by the end user over the life of the contract. The periodic recognition is calculated through weekly project progress reports. Aevitas revenue for small jobs and those completed in a limited timeframe are recognized when the job is complete. On longer term projects revenue is recognized on a percentage completion basis. The projects have defined milestones which determines the timing of the billing to the customers. The achievement of the milestones then also provides an accurate indication of how much of the project is complete.
Description of accounting policy for employee benefits [text block]	Employee benefits Pension The employer pension contributions are associated with defined contribution schemes. The costs are therefore recognized in the month in which the contribution is incurred, which is consistent with recognition of payroll expenses. Short-term benefits Short-term employee benefit obligations are measured on an undiscounted basis and are expensed as the related service is provided. A liability is recognized for the amount expected to be paid under short-term cash bonus or profit-sharing plans if the Group has a present legal or constructive obligation to pay this amount because of past service provided by the employee and the obligation can be reliably measured. Short-term compensated absences A liability for short-term compensated absences, such as holiday, is recognized for the amount the Group may
Description of accounting policy for restructuring costs [text block]	Restructuring costs Restructuring costs are by nature one not 1 37
Description of accounting policy for new standards [text block]	New standards, amendments and interpretations not During the current year, the Group adopted all of the new and revised Standards and Interpretations issued by the International Accounting Standards Board (“IASB”) and the IFRS Interpretations Committee of the IASB that are relevant to its operations and effective for accounting periods beginning on April 1, 2017. The IASB and IFRIC have issued the following standards and with an effective date after the date of the financial statements and have not • IFRS 2 January 1, 2018; • IFRS 9: January 1, 2018; • IFRS 16: January 1, 2019; • IFRIC 22: January 1, 2018; • IFRIC 23: January 1, 2019. There are no not

Note 4 - Revenue and Segmenta39

Note 4 - Revenue and Segmental Information (Tables)	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of geographical areas [text block]	(US dollars in thousands) 2018 2017 2016 United States 1,662 24,945 - Australia 31,985 5,705 - United Kingdom - 1,600 - Total revenue 33,647 32,250 -
Disclosure of products and services [text block]	(US dollars in thousands) 2018 2017 2016 Electrical equipment and related services 31,631 5,615 - Development fees 828 24,555 - Other revenue 1,188 2,080 - Total revenue 33,647 32,250 -
Disclosure of operating segments [text block]	2018 (US dollars in thousands) Solar Development Power Services Corporate Office Total Revenue 1,840 31,807 - 33,647 Costs of sales (1,042 ) (27,482 ) - (28,524 ) Gross profit 798 4,325 - 5,123 General and administrative expenses (6,468 ) (2,173 ) (4,173 ) (12,814 ) Gain on sale of assets 1,143 213 - 1,356 Depreciation and amortization (19 ) (1,233 ) (8 ) (1,260 ) Operating (loss)/p rofit (4,546 ) 1,132 (4,181 ) (7,595 ) Restructuring costs (964 ) (335 ) (574 ) (1,873 ) Impairment of assets (10,191 ) - - (10,191 ) Impairment of goodwill (11,092 ) - - (11,092 ) Transaction costs - - - - Finance expense - net (400 ) (1,283 ) (1,703 ) (3,386 ) (Loss)/p rofit before taxation (27,193 ) (486 ) (6,458 ) (34,137 ) Income tax expense 6,291 (85 ) 52 6,258 (Loss)/p rofit for the year (20,902 ) (571 ) (6,406 ) (27,879 ) 2017 (US dollars in thousands) Solar Development Power Services Corporate Office Total Revenue 26,636 5,614 - 32,250 Costs of sales (29 ) (4,948 ) - (4,977 ) Gross profit 26,607 666 - 27,273 General and administrative expenses (4,544 ) (598 ) (4,174 ) (9,316 ) Gain on sale of assets - - - - Depreciation and amortization (4 ) (646 ) (1 ) (651 ) Operating p rofit /(loss) 22,059 (578 ) (4,454 ) 17,306 Restructuring costs - - - - Impairment of assets - - - - Impairment of goodwill - - - - Transaction costs - - (5,800 ) (5,800 ) Finance expense - net (174 ) (363 ) (50 ) (587 ) Profit /(loss) before taxation 21,885 (941 ) (10,025 ) 10,919 Income tax expense (6,078 ) 294 446 (5,338 ) Profit /(loss) for the year 15,807 (647 ) (9,579 ) 5,581 2018 (US dollars in thousands) Solar Development Power Services Corporate Office Total Assets 41,270 34,421 621 76,312 Liabilities (11,101 ) (6,473 ) (21,735 ) (39,309 ) Net assets 30,169 27,948 (21,114 ) 37,003 2017 (US dollars in thousands) Solar Development Power Services Corporate Office Total Assets 42,235 24,268 34,333 100,836 Liabilities (27,858 ) (4,620 ) (3,752 ) (36,230 ) Net assets 14,377 19,648 30,581 64,606

Note 6 - Operating Profit (Tabl

Note 6 - Operating Profit (Tables)	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of other operating income (expense) [text block]	(US dollars in thousands) 2018 2017 2016 Amortization of intangible assets 840 548 - Depreciation of property, plant and equipment 420 103 - Operating lease costs – land and buildings 304 174 - Gain/(loss) on foreign exchange 59 - - Auditors’ remuneration – audit fees 414 246 - Auditors’ remuneration – audit related services - 57 - Auditors’ remuneration – tax services 13 - - Directors emoluments 1,131 1,705 - Gain/(loss) on disposal of assets 1,356 - -

Note 7 - Restructuring Costs (T

Note 7 - Restructuring Costs (Tables)	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of restructuring expenses [text block]	(US dollars in thousands) 2018 2017 2016 Corporate restructuring – workforce reduction 734 - - Corporate restructuring – professional fees 566 - - Corporate restructuring – terminated projects 573 - - Total 1,873 - -

Note 9 - Staff Numbers and Co42

Note 9 - Staff Numbers and Costs (Tables)	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Average Number of Employee [Text Block]	2018 2017 2016 Sales and Business Development 9 5 - Central Services & Management 37 12 1 Production 148 26 - Total 194 43 1
Aggregate Remuneration Costs [Text Block]	(US dollars in thousands) 2018 2017 2016 Salaries, wages and incentives 11,857 5,605 102 Social security costs 2,457 398 - Pension contributions 278 196 - Short-term compensated absences 337 403 - Total 14,929 6,602 102
Key Management Personnel Expenses [Text Block]	(US dollars in thousands) 2018 2017 2016 Salaries, wages and incentives 2,281 3,014 - Social security costs 217 194 - Pension contributions 64 39 - Short-term compensated absences 13 101 - Total 2,575 3,348 -

Note 10 - Finance Income and 43

Note 10 - Finance Income and Expense (Tables)	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of finance income and expense [text block]	(US dollars in thousands) 2018 2017 2016 Finance income - - Interest received 9 13 - Foreign exchange gains - 13 - Total 9 - - Finance expense Related party loan interest payable 1,636 171 1 Convertible loan notes and preference shares interest payable 1,220 358 - Financing agreement finance cost payable 217 - - Finance lease interest payable 55 - - Bank interest payable 17 5 - Foreign exchange losses 93 2 1 Other finance costs 157 58 - Total 3,395 600 2

Note 11 - Income Tax Expenses (

Note 11 - Income Tax Expenses (Tables)	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Income Tax Expenses [Text Block]	(US dollars in thousands) 2018 2017 2016 Current tax UK corporation tax (29 ) - - Foreign tax 2,279 (2,361 ) - Total current tax 2,250 (2,361 ) - Deferred tax Current year - UK corporation tax (370 ) 451 - Foreign tax 4,378 (3,428 ) - Total deferred tax 4,008 (2,977 ) - - Total tax recovery/(charge) on profit on 6,258 (5,338 ) -
Reconciliation of Accounting Profit Multiplied by Applicable Tax Rates [Text Block]	(US dollars in thousands) 2018 2017 2016 (Loss)/ profit on ordinary activities before tax (34,137 ) 10,919 - Tax on Group (loss)/profit on ordinary activities at the weighted average corporation tax rate of 23% (2017: UK standard corporation tax rate of 20%) 7,772 (2,184 ) - Effects of: - Expenses that are not deductible in determining taxable profits (3,872 ) (20 ) - Release of prior year current tax provision 2,358 - - Tax rates of subsidiaries operating in other jurisdictions - (3,108 ) - Change in tax rates - (26 ) - Total tax recovery/( charge ) for the year tatement of 6,258 (5,338 ) -
Deferred Tax [Text Block]	Deferred tax assets 2018 2017 2016 Deferred tax assets 2,570 2,312 - Deferred tax liabilities (26 ) (3,776 ) - Net deferred tax asset/(l iability ) 2,544 (1,464 ) -
Deferred Tax Assets and Liabilities [Text Block]	Deferred tax assets Tax losses Other timing differences Total April 1, 2016 - - - Credit/(charged) to statement of comprehensive income 739 - 739 Acquisition 1,573 - 1,573 March 31, 2017 2,312 - 2,313 Transfer (720 ) 720 - Credit/(charged) to statement of comprehensive income (8 ) 265 257 March 31, 2018 1,585 985 2,570 Deferred tax liabilities Accelerated allowances Other timing differences Total April 1, 2016 - - - Credit/(charged) to statement of comprehensive income (13 ) (3,763 ) (3,776 ) March 31, 2017 (13 ) (3,763 ) (3,776 ) Credit/(charged) to statement of comprehensive income 5 3,745 3,750 March 31, 2018 (8 ) (18 ) (26 )

Note 12 - Property, Plant and45

Note 12 - Property, Plant and Equipment (Tables)	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of detailed information about property, plant and equipment [text block]	(US dollars in thousands) Computer Equipment Motor Vehicles Plant & Equipment Leasehold improvement Fixtures and Fittings Total Cost At April 1, 2016 3 - - - - 3 Additions 34 44 16 - - 94 Acquisition 488 1,588 1,876 156 11 4,119 At March 31 , 2017 525 1,632 1,892 156 11 4,216 Foreign exchange 3 10 12 1 - 26 Additions 121 437 537 4 2 1,101 Disposals (7 ) (82 ) (921 ) - - (1,010 ) At March 31, 201 8 642 1,997 1,520 161 13 4,333 (US dollars in thousands) Computer Equipment Motor Vehicles Plant & Equipment Leasehold improvement Fixtures and Fittings Total Depreciation At April 1, 2016 - - - - - - Additions 24 45 31 3 - 103 Acquisition 303 982 619 38 8 1.950 At March 31, 2017 327 1,027 650 41 8 2,053 Foreign exchange 2 6 4 - - 12 Charge for the year 97 203 107 12 1 420 Disposals (4 ) (63 ) - - - (67 ) At March 31, 201 8 422 1,173 761 53 9 2,418 Net book value At April 1, 2016 3 - - - - 3 At March 31, 2017 198 605 1,242 115 3 2,163 At March 31, 201 8 220 824 759 108 4 1,915

Note 13 - Intangible Assets (Ta

Note 13 - Intangible Assets (Tables)	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Intangible Assets [Text Block]	(US dollars in thousands) 2018 2017 2016 Goodwill 24,482 30,393 - Other intangible assets 11,920 15,927 - Carrying value at March 31 36,402 46,320 -
Goodwill [Text Block]	(US dollars in thousands) 2018 2017 2016 As at April 1 30,393 - - Revaluations 3,597 - - Goodwill previously not recognized 627 - - Impairment (11,092 ) - - Reclassifications 138 - - Additions - 30,024 - Foreign exchange 819 369 - Carrying value at March 31 24,482 30,393 -
Carrying Amounts of Goodwill by Cash-generating Units [Text Block]	(US dollars in thousands) 2018 2017 2016 Aevitas O Holdings Limited 13,949 9,800 - VivoPower Pty Limited 10,533 20,593 - Total 24,482 30,393 -
Other Intangible Assets [Text Block]	(US dollars in thousands) Customer Relationships Trade Names Favorable Supply Contracts Databases Other Total Cost At April 1, 2016 - - - - - - Additions 9,953 2,488 2,488 734 812 16,475 At March 31 , 2017 9,953 2,488 2,488 734 812 16,475 Foreign exchange 139 63 126 4 - 332 Revaluation (4,293 ) 129 1,963 (584 ) (812 ) (3,597 ) Additions - - - - 98 98 At March 31, 201 8 5,799 2,680 4,577 154 98 13,308 (US dollars in thousands) Customer Relationships Trade Names Favorable Supply Contracts Databases Other Total Amortization At April 1, 2016 - - - - - - Amortization 347 43 122 36 - 548 At March 31, 2017 347 43 122 36 - 548 Amortization 330 194 284 32 - 840 At March 31, 201 8 677 237 406 68 - 1,388 Net book value At April 1, 2016 - - - - - - At March 31, 2017 9,606 2,445 2,366 698 812 15,927 At March 31, 201 8 5,122 2,443 4,171 86 98 11,920

Note 14 - Investment in Subsi47

Note 14 - Investment in Subsidiaries (Tables)	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of subsidiaries [text block]	Subsidiary undertakings Percentage of ordinary shares held Registered address VivoPower International Services Limited 100% 3rd Floor 37 Esplanade, St Helier, Jersey, JE2 3QA VivoPower International Holdings Limited 100% 91 Wimpole Street, London, UK, W1G 0EF VivoPower USA, LLC 100% VivoRex, LLC 100% VivoPower US-NC-31, LLC 100% 251 Little Falls Drive, Wilmington, DE, USA 19808 VivoPower US-NC-47, LLC 100% VivoPower (USA) Development, LLC 100% VivoPower Pty Limited 100% VivoPower WA Pty Limited 100% VVP Project 1 Pty Limited 100% VVP Project 2 Pty Limited 100% Amaroo Solar Tco Pty Limited 100% Amaroo Solar Hco Pty Limited 100% Amaroo Solar Fco Pty Limited 100% Amaroo Solar Pty Limited 100% SC Tco Pty Limited 100% SC Hco Pty Limited 100% 153 Walker St, North Sydney NSW, Australia 2060 SC Fco Pty Limited 100% SC Oco Pty Limited 100% ACN 613885224 Pty Limited 100% Juice Capital Fund 1 Pty Limited 100% Aevitas O Holdings Pty Limited 100% Aevitas Group Limited 99.9% Aevitas Holdings Pty Limited 100% Electrical Engineering Group Pty Limited 100% JA Martin Electrical Limited 100% Kenshaw Electrical Pty Limited 100% VivoPower Singapore Pte Limited 100% 36, UOB Plaza 1, 80 Raffles Pl, Singapore 048624 V.V.P. Holdings Inc. 40% Unit 10A, Net Lima Building, 5th Avenue cor. 26th VivoPower Philippines Inc. 64% Street, E-Square Zone, Crescent Park West, VivoPower RE Solutions Inc. 64% Bonifacio Global City, Taguig, Metro Manila Innovative Solar Ventures I, LLC 50% 251 Little Falls Drive, Wilmington, DE, USA 19808

Note 15 - Investments (Tables)

Note 15 - Investments (Tables)	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Investments [Text Block]	(US dollars in thousands) % Owned 2018 2017 2016 Innovative Solar Ventures I, LLC 50% 14,147 - - US-NC-31 Sponsor Partner, LLC 14.45% - 10,529 - US-NC-47 Sponsor Partner, LLC 10% - 7,531 - Total 14,147 18,060 -
Disclosure of joint ventures [text block]	(US dollars in thousands) 2018 2017 2016 Current assets 13,617 - - Non-current assets 819 - - Net assets 24,482 - - (US dollars in thousands) 2018 2017 2016 Opening net assets - - - Initial investment 29,808 - - Commission credit (1,514 ) - - Net assets 28,294 - - VivoPower share in % 50 % - - VivoPower share in $ (US dollars in thousands) 14,147 - -

Note 16 - Cash and Cash Equiv49

Note 16 - Cash and Cash Equivalents (Tables)	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Cash and Cash Equivalents [Text Block]	(US dollars in thousands) 2018 2017 2016 Cash at bank and in hand 1,939 10,970 28
Disclosure of credit risk exposure [text block]	(US dollars in thousands) 2018 2017 2016 A-1+ 830 2,341 - A-1 969 8,161 - A-2 140 468 - Total 1,939 10,970 -

Note 17 - Trade and Other Rec50

Note 17 - Trade and Other Receivables (Tables)	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Trade and Other Receivables [Text Block]	(US dollars in thousands) 2018 2017 2016 Current receivables - Trade receivables 5,333 5,248 - Accrued income 120 13,183 - Prepayments 391 563 - Other receivables 2,059 722 - Related party receivable - 128 - Total 7,903 19,844 - - Non-current receivables - Loan due from associate - 549 - Other receivables - 618 - Total - 1,167 -
Analysis of Trade Receivable [Text Block]	(US dollars in thousands) 2018 2017 2016 Trade and other receivables 5,335 5,250 - Less: credit note provision (2 ) (2 ) - Total 5,333 5,248 -
Credit Risk for Trade Receivables by Geographic Region [Text Block]	(US dollars in thousands) 2018 2017 2016 USA 129 - - United Kingdom 12 1,600 - Australia 5,192 3,648 - Total 5,333 5,248 -
Aging of Trade Receivables [Text Block]	(US dollars in thousands) 2018 2017 2016 0-90 days 5,326 5,092 - Greater than 90 days 7 156 - Total 5,333 5,248 -

Note 18 - Trade and Other Pay51

Note 18 - Trade and Other Payables (Tables)	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Trade and Other Payables [Text Block]	(US dollars in thousands) 2018 2017 2016 Trade payables 5,644 2,158 185 Accruals 3,008 1,297 1 Related party payable - 1,445 - Treasury shares (see note 25 for further details) - 592 - Payroll liabilities 504 1,972 - Sales tax payable 310 412 - Deferred income 1,544 305 - Other creditors 3,072 81 - Total 14,082 8,262 186

Note 19 - Obligations Under F52

Note 19 - Obligations Under Finance Leases (Tables)	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of finance lease and operating lease by lessee [text block]	(US dollars in thousands) Minimum lease payments Present value of minimum lease payments 201 8 2017 2016 201 8 2017 2016 Amounts payable under finance leases: Less than one year 291 165 - 285 145 - Later than one year but not more than five 327 107 - 293 95 - 618 272 - 578 240 - Future finance charges (40 ) (32 ) - - - - Total obligations 578 240 - - - -

Note 20 - Provisions (Tables)

Note 20 - Provisions (Tables)	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Provisions [Text Block]	(US dollars in thousands) 2018 2017 2016 Current provisions Employee and contractor termination 616 - - Onerous contract 380 - - Employee entitlements 1,474 1,339 - - Non-current provisions - Employee entitlements 288 237 - Total 2,758 1,576 -
Disclosure of other provisions [text block]	(US dollars in thousands) Employee E ntitlements Employee T ermination Contractor T ermination Onerous C ontract Total At 1 April 2016 - - - - - Acquired through business combinations 1,576 - - - 1,576 A t 31 March 2017 1,576 - - - 1,576 Additional provisions recognized 186 32 584 380 1,182 A t 31 March 2018 1,762 32 584 380 2,758

Note 21 - Loans and Borrowings

Note 21 - Loans and Borrowings (Tables)	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of detailed information about borrowings [text block]	(US dollars in thousands) 2018 2017 2016 Current liabilities Financing agreement 2,000 - - Related party loans 1,670 - 8,001 Bank loan - 90 - - Non-current liabilities - Bank loan - 933 - Related party loan 18,092 18,992 - Total 21,762 20,015 8,001

Note 22 - Called Up Share Cap55

Note 22 - Called Up Share Capital (Tables)	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Share Capital [Text Block]	2018 2017 2016 Allotted, called up and fully paid Ordinary shares of $0.012 each as at 31 March $ 162,689 $ 162,689 $ 72,125 Number allotted Ordinary shares of $0.012 each 13,557,376 13,557,376 5,514,375
Share Outstanding [Text Block]	No. of shares At April 1, 2016 5,514,375 Issue of new shares 8,043,001 At April 1, 201 7 13,557,376 Issue of new shares - At March 31, 201 8 13,557,376

Note 23 - Other Reserves (Table

Note 23 - Other Reserves (Tables)	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Other Reserves [Text Block]	(US dollars in thousands) 2018 2017 2016 Equity instruments 25,072 25,072 Share option reserve 3,713 3,713 - Capital raising costs (9,722 ) (9,722 ) - Treasury shares (see note 25) (592 ) (592 ) - Foreign exchange (88 ) (142 ) - Total 18,383 18,329 -

Note 24 - Earnings Per Share (T

Note 24 - Earnings Per Share (Tables)	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Earnings per share [text block]	(US dollars in thousands) 2018 2017 2016 Profit/(loss) for the year (27,879 ) 5,581 (281 ) Weighted average number of shares in issue (‘000s) 13,557 7,624 5,514 Basic earnings/(loss) per share (dollars) (2.06 ) 0.73 (0.05 ) Diluted earnings/(loss) per share (dollars) (2.06 ) 0.73 (0.05 )

Note 27 - Operating Lease Com58

Note 27 - Operating Lease Commitments (Tables)	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Operating Lease Commitments [Text Block]	(US dollars in thousands) 2018 2017 2016 Property Property Property Commitments under non-cancellable operating leases expiring: Within one year 144 15 - Later than one year and less than five years 160 159 -

Note 29 - Financial Instrumen59

Note 29 - Financial Instruments (Tables)	12 Months Ended
	Mar. 31, 2018
Statement Line Items [Line Items]
Disclosure of detailed information about financial instruments [text block]	(US dollars in thousands) 2018 2017 2016 Financial assets Trade and other receivables 7,511 20,448 - Cash and cash equivalents 1,939 10,970 28 Total 9,450 31,418 28 Financial Liabilities Loans and borrowings 21,762 20,015 8,001 Trade and other payables 13,268 5,878 186 Finance leases payable 578 240 - Total 35,608 26,133 8,187

Note 2 - Significant Accounti60

Note 2 - Significant Accounting Policies (Details Textual) - USD ($) $ in Millions	4 Months Ended	12 Months Ended
	Jul. 16, 2018	Mar. 31, 2018
Statement Line Items [Line Items]
Restructuring plan, annual reduction in general and administrative expenses		$ 3.4
Renegotiation of the terms of repayment of the related party loan		$ 19
Computer equipment [member]
Statement Line Items [Line Items]
Useful Lives of Property, Plant and Equipment		3 years
Fixtures and fittings [member]
Statement Line Items [Line Items]
Useful Lives of Property, Plant and Equipment		3 years
Motor vehicles [member]
Statement Line Items [Line Items]
Useful Lives of Property, Plant and Equipment		5 years
Plant and Equipment [Member] | Bottom of range [member]
Statement Line Items [Line Items]
Useful Lives of Property, Plant and Equipment		3 years 182 days
Plant and Equipment [Member] | Top of range [member]
Statement Line Items [Line Items]
Useful Lives of Property, Plant and Equipment		10 years
Leasehold improvements [member] | Bottom of range [member]
Statement Line Items [Line Items]
Useful Lives of Property, Plant and Equipment		20 years
Leasehold improvements [member] | Top of range [member]
Statement Line Items [Line Items]
Useful Lives of Property, Plant and Equipment		40 years
Customer-related intangible assets [member]
Statement Line Items [Line Items]
Useful Lives of Intangible Assets		7 years
Brand names [member]
Statement Line Items [Line Items]
Useful Lives of Intangible Assets		14 years
Favourable Supply Contracts [Member]
Statement Line Items [Line Items]
Useful Lives of Intangible Assets		5 years
Technology-based intangible assets [member]
Statement Line Items [Line Items]
Useful Lives of Intangible Assets		5 years
Aevitas Group Limited [Member]
Statement Line Items [Line Items]
Earnings before interest, taxes depreciation and amortization		$ 2.4
Working capital expected to be provided by a subsidiary		$ 2.3
Sale of minority equity investments [member]
Statement Line Items [Line Items]
Proceeds from sales of investments other than investments accounted for using equity method	$ 11.4
Repay the current financing agreement [member]
Statement Line Items [Line Items]
Repayments of bonds, notes and debentures	$ 2

Note 4 - Revenue and Segmenta61

Note 4 - Revenue and Segmental Information (Details Textual) $ in Thousands	2 Months Ended	12 Months Ended
	Mar. 31, 2016USD ($)	Mar. 31, 2018USD ($)	Mar. 31, 2017USD ($)	Mar. 31, 2016USD ($)
Statement Line Items [Line Items]
Number of Operating Segments		3
Administrative expenses		$ 12,814	$ 9,316	$ 279
Corporate office segment [member]
Statement Line Items [Line Items]
Administrative expenses	$ 300	$ 4,173	$ 4,174
Customer contributed more than 10% of revenue [member]
Statement Line Items [Line Items]
Percentage of entity's revenue		0.00%	40.30%

Note 4 - Revenue and Segmenta62

Note 4 - Revenue and Segmental Information - Revenue by Geographic Location (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Revenue	$ 33,647	$ 32,250
United States [member]
Statement Line Items [Line Items]
Revenue	1,662	24,945
Australia [Member]
Statement Line Items [Line Items]
Revenue	31,985	5,705
United Kingdom [member]
Statement Line Items [Line Items]
Revenue		$ 1,600

Note 4 - Revenue and Segmenta63

Note 4 - Revenue and Segmental Information - Revenue by Product and Service (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Revenue	$ 33,647	$ 32,250
Electrical equipment and related services [member]
Statement Line Items [Line Items]
Revenue	31,631	5,615
Development fees [member]
Statement Line Items [Line Items]
Revenue	828	24,555
Other [member]
Statement Line Items [Line Items]
Revenue	$ 1,188	$ 2,080

Note 4 - Revenue and Segmenta64

Note 4 - Revenue and Segmental Information - Segment Analysis (Details) - USD ($) $ in Thousands	2 Months Ended	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Revenue		$ 33,647	$ 32,250
Costs of sales		(28,524)	(4,977)
Gross profit		5,123	27,273
General and administrative expenses		(12,814)	(9,316)	(279)
Gain on sale of assets		1,356
Depreciation and amortization		(1,260)	(651)
Operating (loss)/profit		(7,595)	17,306	(279)
Restructuring costs		(1,873)
Impairment of assets		(10,191)
Impairment of goodwill		(11,092)
Transaction costs			(5,800)
Finance expense - net		(3,386)	(587)
(Loss)/profit before taxation		(34,137)	10,919	(281)
Income tax expense		6,258	(5,338)
(Loss)/profit for the year		(27,879)	5,581	(281)
Assets	$ 7,906	76,312	100,836	7,906
Liabilities	(8,187)	(39,309)	(36,230)	$ (8,187)
Net assets		37,003	64,606
Solar development segment [member]
Statement Line Items [Line Items]
Revenue		1,840	26,636
Costs of sales		(1,042)	(29)
Gross profit		798	26,607
General and administrative expenses		(6,468)	(4,544)
Gain on sale of assets		1,143
Depreciation and amortization		(19)	(4)
Operating (loss)/profit		(4,546)	22,059
Restructuring costs		(964)
Impairment of assets		(10,191)
Impairment of goodwill		(11,092)
Transaction costs
Finance expense - net		(400)	(174)
(Loss)/profit before taxation		(27,193)	21,885
Income tax expense		6,291	(6,078)
(Loss)/profit for the year		(20,902)	15,807
Assets		41,270	42,235
Liabilities		(11,101)	(27,858)
Net assets		30,169	14,377
Power services segment [member]
Statement Line Items [Line Items]
Revenue		31,807	5,614
Costs of sales		(27,482)	(4,948)
Gross profit		4,325	666
General and administrative expenses		(2,173)	(598)
Gain on sale of assets		213
Depreciation and amortization		(1,233)	(646)
Operating (loss)/profit		1,132	(578)
Restructuring costs		(335)
Impairment of assets
Impairment of goodwill
Transaction costs
Finance expense - net		(1,283)	(363)
(Loss)/profit before taxation		(486)	(941)
Income tax expense		(85)	294
(Loss)/profit for the year		(571)	(647)
Assets		34,421	24,268
Liabilities		(6,473)	(4,620)
Net assets		27,948	19,648
Corporate office segment [member]
Statement Line Items [Line Items]
Revenue
Costs of sales
Gross profit
General and administrative expenses	$ (300)	(4,173)	(4,174)
Gain on sale of assets
Depreciation and amortization		(8)	(1)
Operating (loss)/profit		(4,181)	(4,454)
Restructuring costs		(574)
Impairment of assets
Impairment of goodwill
Transaction costs			(5,800)
Finance expense - net		(1,703)	(50)
(Loss)/profit before taxation		(6,458)	(10,025)
Income tax expense		52	446
(Loss)/profit for the year		(6,406)	(9,579)
Assets		621	34,333
Liabilities		(21,735)	(3,752)
Net assets		$ (21,114)	$ 30,581

Note 5 - Gain on Sale of Asse65

Note 5 - Gain on Sale of Assets (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Net gains (losses) on disposals of property, plant and equipment	$ 1,356
Proceeds from sales of property, plant and equipment	2,297		(3)
Repayments of bank loan	1,023
Amaroo solar project in Australia [member]
Statement Line Items [Line Items]
Net gains (losses) on disposals of property, plant and equipment	1,100
Proceeds from sales of property, plant and equipment	2,000
Disposals, property, plant and equipment	900
Property & equipment assets by the Aevitas business [member]
Statement Line Items [Line Items]
Net gains (losses) on disposals of property, plant and equipment	$ 200

Note 6 - Operating Profit - Cha

Note 6 - Operating Profit - Charges to Operating Profit (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Amortization of intangible assets	$ 840	$ 548
Depreciation of property, plant and equipment	420	103
Operating lease costs – land and buildings	304	174
Gain/(loss) on foreign exchange	59
Auditors’ remuneration – audit fees	414	246
Auditors’ remuneration – audit related services		57
Auditors’ remuneration – tax services	13
Directors emoluments	1,131	1,705
Gain/(loss) on disposal of assets	$ 1,356

Note 7 - Restructuring Costs -

Note 7 - Restructuring Costs - Restructuring Costs (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Restructuring costs	$ 1,873
Restructuring provision, workforce reduction [member]
Statement Line Items [Line Items]
Restructuring costs	734
Restructuring provision, professional fees [member]
Statement Line Items [Line Items]
Restructuring costs	566
Resturcturing provision, terminated projects [member]
Statement Line Items [Line Items]
Restructuring costs	$ 573

Note 8 - Impairment of Assets68

Note 8 - Impairment of Assets and Assets Held for Sale (Details Textual) - USD ($) $ in Thousands	4 Months Ended	12 Months Ended
	Jul. 16, 2018	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Total current assets other than non-current assets or disposal groups classified as held for sale or as held for distribution to owners		$ 11,436
Gross carrying amount [member]
Statement Line Items [Line Items]
Total current assets other than non-current assets or disposal groups classified as held for sale or as held for distribution to owners		21,600
Accumulated impairment [member]
Statement Line Items [Line Items]
Total current assets other than non-current assets or disposal groups classified as held for sale or as held for distribution to owners		$ 10,200
Sale of minority equity investments [member]
Statement Line Items [Line Items]
Proceeds from sales of investments other than investments accounted for using equity method	$ 11,400
Solar project investments, one [member]
Statement Line Items [Line Items]
Percentage of equity interests sold		14.50%
Solar project investments, two [member]
Statement Line Items [Line Items]
Percentage of equity interests sold		10.00%

Note 9 - Staff Numbers and Co69

Note 9 - Staff Numbers and Costs (Details Textual)	12 Months Ended
	Mar. 31, 2018USD ($)	Mar. 31, 2017USD ($)	Mar. 31, 2016USD ($)
Statement Line Items [Line Items]
Key management personnel compensation, short-term employee benefits	$ 2,281,000	$ 3,014,000
Directors [Member]
Statement Line Items [Line Items]
Key management personnel compensation, short-term employee benefits	1,130,570	1,704,809
Highest Paid Director [Member]
Statement Line Items [Line Items]
Key management personnel compensation, short-term employee benefits	$ 407,682	$ 1,297,504
Key management personnel of entity or parent [member]
Statement Line Items [Line Items]
Number of employees	11	11

Note 9 - Staff Numbers and Co70

Note 9 - Staff Numbers and Costs - Average Number of Employees (Details)	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Average number of employees	194	43	1
Sales and Business Development [Member]
Statement Line Items [Line Items]
Average number of employees	9	5
Central Services and Management [Member]
Statement Line Items [Line Items]
Average number of employees	37	12	1
Production [Member]
Statement Line Items [Line Items]
Average number of employees	148	26

Note 9 - Staff Numbers and Co71

Note 9 - Staff Numbers and Costs - Aggregate Remuneration Costs (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Salaries, wages and incentives	$ 11,857	$ 5,605	$ 102
Social security costs	2,457	398
Pension contributions	278	196
Short-term compensated absences	337	403
Total	$ 14,929	$ 6,602	$ 102

Note 9 - Staff Numbers and Co72

Note 9 - Staff Numbers and Costs - Key Management Personnel Expenses (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Salaries, wages and incentives	$ 2,281	$ 3,014
Social security costs	217	194
Pension contributions	64	39
Short-term compensated absences	13	101
Total	$ 2,575	$ 3,348

Note 10 - Finance Income and 73

Note 10 - Finance Income and Expense - Finance Income and Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Interest received	$ 9	$ 13
Foreign exchange gains		13
Total	9	13
Related party loan interest payable	1,636	171	1
Convertible loan notes and preference shares interest payable	1,220	358
Financing agreement finance cost payable	217
Finance lease interest payable	55
Bank interest payable	17	5
Foreign exchange losses	93	2	1
Other finance costs	157	58
Total	$ 3,395	$ 600	$ 2

Note 11 - Income Tax Expenses -

Note 11 - Income Tax Expenses - Tax Charge (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Current tax	$ 2,250	$ (2,361)
Deferred tax	4,008	(2,977)
Total tax recovery/(charge) for the year recognized in the Consolidated Statement of Comprehensive Income	6,258	(5,338)
Country of domicile [member]
Statement Line Items [Line Items]
Current tax	(29)
Deferred tax	(370)	451
Foreign countries [member]
Statement Line Items [Line Items]
Current tax	2,279	(2,361)
Deferred tax	$ 4,378	$ (3,428)

Note 11 - Income Tax Expenses75

Note 11 - Income Tax Expenses - Reconciliation of Income Tax Expenses (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
(Loss)/profit on ordinary activities before tax	$ (34,137)	$ 10,919
Tax on Group (loss)/profit on ordinary activities at the weighted average corporation tax rate of 23% (2017: UK standard corporation tax rate of 20%)	7,772	(2,184)
Expenses that are not deductible in determining taxable profits	(3,872)	(20)
Release of prior year current tax provision	2,358
Tax rates of subsidiaries operating in other jurisdictions		(3,108)
Change in tax rates		(26)
Total tax recovery/(charge) for the year recognized in the Consolidated Statement of Comprehensive Income	$ 6,258	$ (5,338)

Note 11 - Income Tax Expenses76

Note 11 - Income Tax Expenses - Reconciliation of Income Tax Expenses (Details) (Parentheticals)	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Statement Line Items [Line Items]
Corporation tax rate	23.00%	20.00%

Note 11 - Income Tax Expenses77

Note 11 - Income Tax Expenses - Deferred Tax (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Deferred tax assets	$ 2,570	$ 2,312
Deferred tax liabilities	(26)	(3,776)
Net deferred tax asset/(liability)	$ 2,544	$ (1,464)

Note 11 - Income Tax Expenses78

Note 11 - Income Tax Expenses - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Statement Line Items [Line Items]
April 1, 2016	$ 1,464
March 31, 2017	(2,544)	1,464
Deferred Tax Assets [Member]
Statement Line Items [Line Items]
April 1, 2016	(3,776)
Credit/(charged) to statement of comprehensive income	3,750	(3,776)
March 31, 2017	(26)	(3,776)
Deferred Tax Assets [Member]
Statement Line Items [Line Items]
April 1, 2016	2,313
Credit/(charged) to statement of comprehensive income	257	739
Acquisition		1,573
Transfer
March 31, 2017	2,570	2,313
Unused tax losses [member] | Deferred Tax Assets [Member]
Statement Line Items [Line Items]
April 1, 2016	2,312
Credit/(charged) to statement of comprehensive income	(8)	739
Acquisition		1,573
Transfer	(720)
March 31, 2017	1,585	2,312
Allowance for credit losses [member] | Deferred Tax Assets [Member]
Statement Line Items [Line Items]
April 1, 2016	(13)
Credit/(charged) to statement of comprehensive income	5	(13)
March 31, 2017	(8)	(13)
Other temporary differences [member] | Deferred Tax Assets [Member]
Statement Line Items [Line Items]
April 1, 2016	(3,763)
Credit/(charged) to statement of comprehensive income	3,745	(3,763)
March 31, 2017	(18)	(3,763)
Other temporary differences [member] | Deferred Tax Assets [Member]
Statement Line Items [Line Items]
April 1, 2016
Credit/(charged) to statement of comprehensive income	265
Acquisition
Transfer	720
March 31, 2017	$ 985

Note 12 - Property, Plant and79

Note 12 - Property, Plant and Equipment (Details Textual) - USD ($)	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Property, plant and equipment at end of period	$ 1,915,000	$ 2,163,000	$ 3,000
Property, plant and equipment under operating leases [member]
Statement Line Items [Line Items]
Property, plant and equipment at end of period	$ 600,000	$ 300,000

Note 12 - Property, Plant and80

Note 12 - Property, Plant and Equipment - Property, Plant and Equipment (Details) - USD ($)	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Statement Line Items [Line Items]
Property, plant and equipment	$ 2,163,000	$ 3,000
Property, plant and equipment	1,915,000	2,163,000
Depreciation of property, plant and equipment	420,000	103,000
Accumulated depreciation and amortisation [member]
Statement Line Items [Line Items]
Property, plant and equipment	2,053,000
Additions		103,000
Acquisition		1,950
Foreign exchange	12,000
Disposals	(67,000)
Property, plant and equipment	2,418,000	2,053,000
Depreciation of property, plant and equipment	420,000
Gross carrying amount [member]
Statement Line Items [Line Items]
Property, plant and equipment	4,216,000	3,000
Additions	1,101,000	94,000
Acquisition		4,119,000
Foreign exchange	26,000
Disposals	(1,010,000)
Property, plant and equipment	4,333,000	4,216,000
Computer equipment [member]
Statement Line Items [Line Items]
Property, plant and equipment	198,000	3,000
Property, plant and equipment	220,000	198,000
Computer equipment [member] | Accumulated depreciation and amortisation [member]
Statement Line Items [Line Items]
Property, plant and equipment	327,000
Additions		24,000
Acquisition		303,000
Foreign exchange	2,000
Disposals	(4,000)
Property, plant and equipment	422,000	327,000
Depreciation of property, plant and equipment	97,000
Computer equipment [member] | Gross carrying amount [member]
Statement Line Items [Line Items]
Property, plant and equipment	525,000	3,000
Additions	121,000	34,000
Acquisition		488,000
Foreign exchange	3,000
Disposals	(7,000)
Property, plant and equipment	642,000	525,000
Motor vehicles [member]
Statement Line Items [Line Items]
Property, plant and equipment	605,000
Property, plant and equipment	824,000	605,000
Motor vehicles [member] | Accumulated depreciation and amortisation [member]
Statement Line Items [Line Items]
Property, plant and equipment	1,027,000
Additions		45,000
Acquisition		982,000
Foreign exchange	6,000
Disposals	(63,000)
Property, plant and equipment	1,173,000	1,027,000
Depreciation of property, plant and equipment	203,000
Motor vehicles [member] | Gross carrying amount [member]
Statement Line Items [Line Items]
Property, plant and equipment	1,632,000
Additions	437,000	44,000
Acquisition		1,588,000
Foreign exchange	10,000
Disposals	(82,000)
Property, plant and equipment	1,997,000	1,632,000
Plant and Equipment [Member]
Statement Line Items [Line Items]
Property, plant and equipment	1,242,000
Property, plant and equipment	759,000	1,242,000
Plant and Equipment [Member] | Accumulated depreciation and amortisation [member]
Statement Line Items [Line Items]
Property, plant and equipment	650,000
Additions		31,000
Acquisition		619,000
Foreign exchange	4,000
Disposals
Property, plant and equipment	761,000	650,000
Depreciation of property, plant and equipment	107,000
Plant and Equipment [Member] | Gross carrying amount [member]
Statement Line Items [Line Items]
Property, plant and equipment	1,892,000
Additions	537,000	16,000
Acquisition		1,876,000
Foreign exchange	12,000
Disposals	(921,000)
Property, plant and equipment	1,520,000	1,892,000
Leasehold improvements [member]
Statement Line Items [Line Items]
Property, plant and equipment	115,000
Property, plant and equipment	108,000	115,000
Leasehold improvements [member] | Accumulated depreciation and amortisation [member]
Statement Line Items [Line Items]
Property, plant and equipment	41,000
Additions		3,000
Acquisition		38,000
Foreign exchange
Disposals
Property, plant and equipment	53,000	41,000
Depreciation of property, plant and equipment	12,000
Leasehold improvements [member] | Gross carrying amount [member]
Statement Line Items [Line Items]
Property, plant and equipment	156,000
Additions	4,000
Acquisition		156,000
Foreign exchange	1,000
Disposals
Property, plant and equipment	161,000	156,000
Fixtures and fittings [member]
Statement Line Items [Line Items]
Property, plant and equipment	3,000
Property, plant and equipment	4,000	3,000
Fixtures and fittings [member] | Accumulated depreciation and amortisation [member]
Statement Line Items [Line Items]
Property, plant and equipment	8,000
Additions
Acquisition		8,000
Foreign exchange
Disposals
Property, plant and equipment	9,000	8,000
Depreciation of property, plant and equipment	1,000
Fixtures and fittings [member] | Gross carrying amount [member]
Statement Line Items [Line Items]
Property, plant and equipment	11,000
Additions	2,000
Acquisition		11,000
Foreign exchange
Disposals
Property, plant and equipment	$ 13,000	$ 11,000

Note 13 - Intangible Assets (De

Note 13 - Intangible Assets (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Revaluations, goodwill	$ 3,597
Impairment loss recognised in profit or loss, goodwill	$ 11,092
Goodwill, measurement input, discount rate for next year	12.10%
Goodwill, measurement input, discount rate after next year	15.10%
Adjustments for impairment loss recognised in profit or loss, goodwill	$ 11,092
Revaluation increase (decrease), intangible assets other than goodwill	3,600
Aevitas O Holdings Limited [Member]
Statement Line Items [Line Items]
Adjustments for impairment loss recognised in profit or loss, goodwill	$ 0
Goodwill, measurement input, discount rate	9.20%	8.30%
VivoPower Pty Limited [Member]
Statement Line Items [Line Items]
Impairment loss recognised in profit or loss, goodwill	$ 10,500
Three Philippine-based controlled entities [member]
Statement Line Items [Line Items]
Impairment loss recognised in profit or loss, goodwill	$ 600

Note 13 - Intangible Assets - I

Note 13 - Intangible Assets - Intangible Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Statement Line Items [Line Items]
Goodwill	$ 24,482	$ 30,393
Other intangible assets	11,920	15,927
Carrying value at March 31	$ 36,402	$ 46,320

Note 13 - Intangible Assets - G

Note 13 - Intangible Assets - Goodwill (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
As at April 1	$ 30,393
Revaluations	3,597
Goodwill previously not recognized	627
Impairment of goodwill	(11,092)
Reclassifications	138
Additions		30,024
Foreign exchange	819	369
Carrying value at March 31	$ 24,482	$ 30,393

Note 13 - Intangible Assets - C

Note 13 - Intangible Assets - Carrying Amounts of Goodwill by Cash-generating Units (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Statement Line Items [Line Items]
Goodwill	$ 24,482	$ 30,393
Aevitas O Holdings Limited [Member]
Statement Line Items [Line Items]
Goodwill	13,949	9,800
VivoPower Pty Limited [Member]
Statement Line Items [Line Items]
Goodwill	$ 10,533	$ 20,593

Note 13 - Intangible Assets - O

Note 13 - Intangible Assets - Other Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Statement Line Items [Line Items]
Other Intangible Assets	$ 15,927
Revaluation	3,600
Other Intangible Assets	11,920	15,927
Customer-related intangible assets [member]
Statement Line Items [Line Items]
Other Intangible Assets	9,606
Other Intangible Assets	5,122	9,606
Brand names [member]
Statement Line Items [Line Items]
Other Intangible Assets	2,445
Other Intangible Assets	2,443	2,445
Favourable Supply Contracts [Member]
Statement Line Items [Line Items]
Other Intangible Assets	2,366
Other Intangible Assets	4,171	2,366
Data Bases [Member]
Statement Line Items [Line Items]
Other Intangible Assets	698
Other Intangible Assets	86	698
Other intangible assets [member]
Statement Line Items [Line Items]
Other Intangible Assets	812
Other Intangible Assets	98	812
Accumulated depreciation and amortisation [member]
Statement Line Items [Line Items]
Other Intangible Assets	548
Additions	840	548
Other Intangible Assets	1,388	548
Amortization	840	548
Accumulated depreciation and amortisation [member] | Customer-related intangible assets [member]
Statement Line Items [Line Items]
Other Intangible Assets	347
Additions	330	347
Other Intangible Assets	677	347
Amortization	330	347
Accumulated depreciation and amortisation [member] | Brand names [member]
Statement Line Items [Line Items]
Other Intangible Assets	43
Additions	194	43
Other Intangible Assets	237	43
Amortization	194	43
Accumulated depreciation and amortisation [member] | Favourable Supply Contracts [Member]
Statement Line Items [Line Items]
Other Intangible Assets	122
Additions	284	122
Other Intangible Assets	406	122
Amortization	284	122
Accumulated depreciation and amortisation [member] | Data Bases [Member]
Statement Line Items [Line Items]
Other Intangible Assets	36
Additions	32	36
Other Intangible Assets	68	36
Amortization	32	36
Accumulated depreciation and amortisation [member] | Other intangible assets [member]
Statement Line Items [Line Items]
Other Intangible Assets
Additions
Other Intangible Assets
Amortization
Gross carrying amount [member]
Statement Line Items [Line Items]
Other Intangible Assets	16,475
Additions	98	16,475
Foreign exchange	332
Revaluation	(3,597)
Other Intangible Assets	13,308	16,475
Amortization	98	16,475
Gross carrying amount [member] | Customer-related intangible assets [member]
Statement Line Items [Line Items]
Other Intangible Assets	9,953
Additions		9,953
Foreign exchange	139
Revaluation	(4,293)
Other Intangible Assets	5,799	9,953
Amortization		9,953
Gross carrying amount [member] | Brand names [member]
Statement Line Items [Line Items]
Other Intangible Assets	2,488
Additions		2,488
Foreign exchange	63
Revaluation	129
Other Intangible Assets	2,680	2,488
Amortization		2,488
Gross carrying amount [member] | Favourable Supply Contracts [Member]
Statement Line Items [Line Items]
Other Intangible Assets	2,488
Additions		2,488
Foreign exchange	126
Revaluation	1,963
Other Intangible Assets	4,577	2,488
Amortization		2,488
Gross carrying amount [member] | Data Bases [Member]
Statement Line Items [Line Items]
Other Intangible Assets	734
Additions		734
Foreign exchange	4
Revaluation	(584)
Other Intangible Assets	154	734
Amortization		734
Gross carrying amount [member] | Other intangible assets [member]
Statement Line Items [Line Items]
Other Intangible Assets	812
Additions	98	812
Foreign exchange
Revaluation	(812)
Other Intangible Assets	98	812
Amortization	$ 98	$ 812

Note 14 - Investment in Subsi86

Note 14 - Investment in Subsidiaries - Subsidiaries (Details)	12 Months Ended
	Mar. 31, 2018
VivoPower International Services Limited [Member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Registered address	3rd Floor 37 Esplanade, St Helier, Jersey, JE2 3QA
VivoPower International Holdings Limited [Member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Registered address	91 Wimpole Street, London, UK, W1G 0EF
VivoPower USA LLC [Member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Registered address	251 Little Falls Drive, Wilmington, DE, USA 19808
VivoRex LLC [Member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Registered address	251 Little Falls Drive, Wilmington, DE, USA 19808
VivoPower US-NC-31, LLC [member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Registered address	251 Little Falls Drive, Wilmington, DE, USA 19808
VivoPower US-NC-47, LLC [member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Registered address	251 Little Falls Drive, Wilmington, DE, USA 19808
VivoPower (USA) Development, LLC [member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Registered address	251 Little Falls Drive, Wilmington, DE, USA 19808
VivoPower Pty Limited [Member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Registered address	153 Walker St, North Sydney NSW, Australia 2060
VivoPower WA Pty Limited [Member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Registered address	153 Walker St, North Sydney NSW, Australia 2060
VVP Project 1 Pty Limited [Member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Registered address	153 Walker St, North Sydney NSW, Australia 2060
VVP Project 2 Pty Limited [Member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Registered address	153 Walker St, North Sydney NSW, Australia 2060
Amaroo Solar Tco Pty Limited [Member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Registered address	153 Walker St, North Sydney NSW, Australia 2060
Amaroo Solar Hco Pty Limited [Member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Registered address	153 Walker St, North Sydney NSW, Australia 2060
Amaroo Solar Fco Pty Limited [Member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Registered address	153 Walker St, North Sydney NSW, Australia 2060
Amaroo Solar Pty Limited [Member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Registered address	153 Walker St, North Sydney NSW, Australia 2060
SC Tco Pty Limited [Member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Registered address	153 Walker St, North Sydney NSW, Australia 2060
SC Hco Pty Limited [Member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Registered address	153 Walker St, North Sydney NSW, Australia 2060
SC Fco Pty Limited [Member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Registered address	153 Walker St, North Sydney NSW, Australia 2060
SC Oco Pty Limited [Member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Registered address	153 Walker St, North Sydney NSW, Australia 2060
ACN 613885224 Pty Limited [Member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Registered address	153 Walker St, North Sydney NSW, Australia 2060
Juice Capital Fund 1 Pty Limited [member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Registered address	153 Walker St, North Sydney NSW, Australia 2060
Aevitas O Holdings Pty Limited [Member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Registered address	153 Walker St, North Sydney NSW, Australia 2060
Aevitas Group Limited [Member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	99.90%
Registered address	153 Walker St, North Sydney NSW, Australia 2060
Aevitas Holdings Pty Limited [Member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Registered address	153 Walker St, North Sydney NSW, Australia 2060
Electrical Engineering Group Pty Limited [Member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Registered address	153 Walker St, North Sydney NSW, Australia 2060
JA Martin Electrical Limite [Member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Registered address	153 Walker St, North Sydney NSW, Australia 2060
Kenshaw Electrical Pty Limited [Member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Registered address	153 Walker St, North Sydney NSW, Australia 2060
VivoPower Singapore Pte Limited [Member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	100.00%
Registered address	36, UOB Plaza 1, 80 Raffles Pl, Singapore 048624
V.V.P. Holdings Inc. [Member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	40.00%
Registered address	Unit 10A, Net Lima Building, 5th Avenue cor. 26th
VivoPower Philippines Inc. [Member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	64.00%
Registered address	Street, E-Square Zone, Crescent Park West,
VivoPower RE Solutions Inc. [Member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	64.00%
Registered address	Bonifacio Global City, Taguig, Metro Manila
Innovative Solar Ventures I, LLC [member]
Statement Line Items [Line Items]
Proportion of ownership interest in subsidiary	50.00%
Registered address	251 Little Falls Drive, Wilmington, DE, USA 19808

Note 15 - Investments (Details

Note 15 - Investments (Details Textual) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Apr. 30, 2017	Mar. 31, 2018	Mar. 31, 2017	Oct. 25, 2016	Jul. 29, 2016	Mar. 31, 2016
Statement Line Items [Line Items]
Non-current investments other than investments accounted for using equity method		$ 14,147	$ 18,060
Total current assets other than non-current assets or disposal groups classified as held for sale or as held for distribution to owners		11,436
Gross carrying amount [member]
Statement Line Items [Line Items]
Total current assets other than non-current assets or disposal groups classified as held for sale or as held for distribution to owners		21,600
Investment in US-NC-31 Sponsor Partner, LLC and US-NC-47 Sponsor Partner, LLC [member]
Statement Line Items [Line Items]
Purchase of investments other than investments accounted for using equity method		$ 3,500
Non-current investments other than investments accounted for using equity method			18,100
Investment in US-NC-31 Sponsor Partner, LLC [member]
Statement Line Items [Line Items]
Ownership percentage of investment					14.50%
Investment in US-NC-47 Sponsor Partner, LLC [member]
Statement Line Items [Line Items]
Ownership percentage of investment				10.00%
Innovative Solar Ventures I, LLC [member]
Statement Line Items [Line Items]
Proportion of ownership interest in joint venture		50.00%
Decrease in investment due to commission credit		$ 700
Joint venture agreement, potential brokerage commissions	$ 800
Joint venture agreeemnt, initial capital contribution by third party	500
Purchase of investments other than investments accounted for using equity method		12,400
Non-current investments other than investments accounted for using equity method		14,147
Investments in joint ventures	14,900
Innovative Solar Ventures I, LLC [member] | Trade and other current payables [member]
Statement Line Items [Line Items]
Commitments in relation to joint ventures	$ 14,900	$ 1,300

Note 15 - Investments - Investm

Note 15 - Investments - Investments (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Investment	$ 14,147	$ 18,060
Investment in Innovative Solar Ventures I, LLC [member]
Statement Line Items [Line Items]
Ownership percentage of investment	50.00%
Investment	$ 14,147
Investment in US-NC-31 Sponsor Partner, LLC [member]
Statement Line Items [Line Items]
Ownership percentage of investment	14.45%
Investment		10,529
Investment in US-NC-47 Sponsor Partner, LLC [member]
Statement Line Items [Line Items]
Ownership percentage of investment	10.00%
Investment		$ 7,531

Note 15 - Investments - ISS Joi

Note 15 - Investments - ISS Joint Venture (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Current assets	$ 21,278	$ 30,814	$ 28
Non-current assets	55,034	70,022	7,878
Net assets	37,003	64,606
Non-current investments other than investments accounted for using equity method	14,147	18,060
Innovative Solar Ventures I, LLC [member]
Statement Line Items [Line Items]
Current assets	13,617
Non-current assets	819
Net assets	24,482
Opening net assets
Initial investment	29,808
Commission credit	(1,514)
Net assets	$ 28,294
VivoPower share in %	50.00%
Non-current investments other than investments accounted for using equity method	$ 14,147

Note 16 - Cash and Cash Equiv90

Note 16 - Cash and Cash Equivalents - Cash and Cash Equivalents (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Statement Line Items [Line Items]
Cash at bank and in hand	$ 1,939	$ 10,970	$ 28

Note 16 - Cash and Cash Equiv91

Note 16 - Cash and Cash Equivalents - Credit Ratings (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Statement Line Items [Line Items]
Cash and cash equivalents	$ 1,939	$ 10,970	$ 28
A-1+ [Member]
Statement Line Items [Line Items]
Cash and cash equivalents	830	2,341
A-1 [Member]
Statement Line Items [Line Items]
Cash and cash equivalents	969	8,161
A-2 [Member]
Statement Line Items [Line Items]
Cash and cash equivalents	$ 140	$ 468

Note 17 - Trade and Other Rec92

Note 17 - Trade and Other Receivables - Trade and Other Receivables (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Trade receivables	$ 5,333	$ 5,248
Accrued income	120	13,183
Prepayments	391	563
Other receivables	2,059	722
Related party receivable		128
Total	7,903	19,844
Loan due from associate		549
Other receivables		618
Total		$ 1,167	$ 7,875

Note 17 - Trade and Other Rec93

Note 17 - Trade and Other Receivables - Analysis of Trade Receivable (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Trade and other receivables	$ 5,335	$ 5,250
Less: credit note provision	(2)	(2)
Total	$ 5,333	$ 5,248

Note 17 - Trade and Other Rec94

Note 17 - Trade and Other Receivables - Credit Risk for Trade Receivables by Geographic Region (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Trade receivables	$ 5,333	$ 5,248
United States [member]
Statement Line Items [Line Items]
Trade receivables	129
United Kingdom [member]
Statement Line Items [Line Items]
Trade receivables	12	1,600
Australia [Member]
Statement Line Items [Line Items]
Trade receivables	$ 5,192	$ 3,648

Note 17 - Trade and Other Rec95

Note 17 - Trade and Other Receivables - Aging of Trade Receivables (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Trade receivables	$ 5,333	$ 5,248
Trade receivable, 0-90 days [Member]
Statement Line Items [Line Items]
Trade receivables	5,326	5,092
Trade Receivables, Greater than 90 Days [Member]
Statement Line Items [Line Items]
Trade receivables	$ 7	$ 156

Note 18 - Trade and Other Pay96

Note 18 - Trade and Other Payables - Trade and Other Payables (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Trade payables	$ 5,644	$ 2,158	$ 185
Accruals	3,008	1,297	1
Related party payable		1,445
Treasury shares (see note 25 for further details)		592
Payroll liabilities	504	1,972
Sales tax payable	310	412
Deferred income	1,544	305
Other creditors	3,072	81
Total	$ 14,082	$ 8,262	$ 186

Note 19 - Obligations Under F97

Note 19 - Obligations Under Finance Leases - Obligations Under Finance Leases (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Minimum lease payments	$ 618	$ 272
Present value of minimum lease payments	578	240
Future finance charges	(40)	(32)
Total obligations under finance lease	578	240
Not later than one year [member]
Statement Line Items [Line Items]
Minimum lease payments	291	165
Present value of minimum lease payments	285	145
Later than one year and not later than five years [member]
Statement Line Items [Line Items]
Minimum lease payments	327	107
Present value of minimum lease payments	$ 293	$ 95

Note 20 - Provisions - Provisio

Note 20 - Provisions - Provisions (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Mar. 31, 2017
Statement Line Items [Line Items]
Employee and contractor termination	$ 616
Onerous contract	380
Employee entitlements	1,474	1,339
Employee entitlements	288	237
Total	$ 2,758	$ 1,576

Note 20 - Provisions - Reconcil

Note 20 - Provisions - Reconciliation of Provisions (Details) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Statement Line Items [Line Items]
Balance	$ 1,576
Acquired through business combinations	1,182	1,576
Balance	2,758	1,576
Employee entitlements [member]
Statement Line Items [Line Items]
Balance	1,576
Acquired through business combinations	186	1,576
Balance	1,762	1,576
Employee termination [member]
Statement Line Items [Line Items]
Balance
Acquired through business combinations	32
Balance	32
Contractor termination [member]
Statement Line Items [Line Items]
Balance
Acquired through business combinations	584
Balance	584
Onerous contracts provision [member]
Statement Line Items [Line Items]
Balance
Acquired through business combinations	380
Balance	$ 380

Note 21 - Loans and Borrowin100

Note 21 - Loans and Borrowings (Details Textual) - USD ($)	1 Months Ended		12 Months Ended
	Apr. 30, 2018	Jan. 31, 2018	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Total borrowings			$ 21,762,000	$ 20,015,000	$ 8,001,000
Total non-current portion of non-current borrowings			$ 18,092,000	19,925,000
Short-term loan from SolarTide, LLC [member]
Statement Line Items [Line Items]
Total borrowing costs incurred		$ 300,000
Borrowings, interest rate		12.00%
Current related party loans with Arowana International Limited [member]
Statement Line Items [Line Items]
Borrowings, interest rate			8.50%
Total borrowings			$ 800,000
Current related party loans with Arowana International Limited [member] | Repayments of borrowings [member]
Statement Line Items [Line Items]
Repayments of borrowings	$ 800,000
Noncurrent related party loans with Arowana International Limited [member]
Statement Line Items [Line Items]
Borrowings, interest rate			8.50%
Total borrowings			$ 18,992,263	18,992,263
Current portion of non-current borrowings			900,000
Borrowings, Periodic Payment			75,000
Total non-current portion of non-current borrowings			$ 18,100,000
Bank Loan [Member]
Statement Line Items [Line Items]
Borrowings, Term			11 years 182 days
Borrowings, Periodic Payment			$ 7,500
Total non-current portion of non-current borrowings				$ 933,000

Note 21 - Loans and Borrowin101

Note 21 - Loans and Borrowings - Loans and Borrowings (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Current loans and borrowings	$ 3,670	$ 90	$ 8,001
Non-current loans and borrowings	18,092	19,925
Total	21,762	20,015	8,001
Financing agreement [member]
Statement Line Items [Line Items]
Current loans and borrowings	2,000
Related Party Loan [Member]
Statement Line Items [Line Items]
Current loans and borrowings	1,670		8,001
Non-current loans and borrowings	18,092	18,992
Bank Loan [Member]
Statement Line Items [Line Items]
Current loans and borrowings		90
Non-current loans and borrowings		$ 933

Note 22 - Called Up Share Ca102

Note 22 - Called Up Share Capital - Share Capital (Details) - Ordinary shares [member] - shares	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Number of Sahres (in shares)	162,689	162,689	72,125
Number allotted
Number of Sahres (in shares)	13,557,376	13,557,376	5,514,375

Note 22 - Called Up Share Ca103

Note 22 - Called Up Share Capital - Share Capital (Details) (Parentheticals) - $ / shares	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Ordinary shares [member]
Statement Line Items [Line Items]
Number of Sahres (in dollars per share)	$ 0.012	$ 0.012	$ 0.012

Note 22 - Called Up Share Ca104

Note 22 - Called Up Share Capital - Share Outstanding (Details) - shares	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Statement Line Items [Line Items]
Balance (in shares)	13,557,376	5,514,375
Issue of new shares (in shares)		8,043,001
Balance (in shares)	13,557,376	13,557,376

Note 23 - Other Reserves (Detai

Note 23 - Other Reserves (Details Textual) - 12 months ended Mar. 31, 2018	USD ($)$ / sharesshares	AUD ($)$ / sharesshares
Statement Line Items [Line Items]
Convertible securities, conversion price | $ / shares	$ 10.20
Number of convertible preference shares outstanding | shares	2,473,367	2,473,367
Convertible preference, shares, face value, price per share | $ / shares		$ 3
Convertible preference shares, value, face value and accrued dividends | $		$ 9,956,149
Number of Instruments, Convertible Loan Notes Outstanding | shares	2,473,367	2,473,367
Convertible loan notes, shares, face value, price per share | $ / shares		$ 7
Convertible loan notes, value, face value and accrued dividends | $		$ 22,489,140
Equity Instruments, Quarterly Interest Rate	7.00%
Number of share options outstanding in share-based payment arrangement at end of period	828,000	828,000
Weighted average exercise price of share options outstanding in share-based payment arrangement at end of period | $	$ 8.70

Note 23 - Other Reserves - Othe

Note 23 - Other Reserves - Other Reserves (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Equity instruments	$ 25,072	$ 25,072
Share option reserve	3,713	3,713
Capital raising costs	(9,722)	(9,722)
Treasury shares (see note 25)	(592)	(592)
Foreign exchange	(88)	(142)
Total	$ 18,383	$ 18,329	$ (72)

Note 24 - Earnings Per Share -

Note 24 - Earnings Per Share - Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
(Loss)/profit for the year	$ (27,879)	$ 5,581	$ (281)
Weighted average number of shares in issue (‘000s) (in shares)	13,557	7,624	5,514
Basic earnings/(loss) per share (dollars) (in dollars per share)	$ (2.06)	$ 0.73	$ (0.05)
Diluted earnings/(loss) per share (dollars) (in dollars per share)	$ (2.06)	$ 0.73	$ (0.05)

Note 25 - Treasury Shares (Deta

Note 25 - Treasury Shares (Details Textual)	Mar. 30, 2017USD ($)$ / sharesshares
Statement Line Items [Line Items]
Purchase of Treasury Shares, Shares | shares	129,805
Treasury Shares, Shares Repurchased, Price Per Share | $ / shares	$ 4.50
Treasury shares | $	$ 591,916

Note 26 - Contingencies (Detail

Note 26 - Contingencies (Details Textual) $ in Millions	Apr. 09, 2018USD ($)	Feb. 26, 2018EUR (€)	Mar. 31, 2018USD ($)
Statement Line Items [Line Items]
Claim damage related to notice period in service agreement, litigation | €		€ 615,600
Claim damage related to shares due to plaintiff and other unquantified amounts related to bonuses, litigation | €		€ 540,000
Bank guarantees to customers to secure performance obligations under power services contracts | $			$ 1
Commencement of major litigation [member]
Statement Line Items [Line Items]
Damages sought by company, litigation | $	$ 27

Note 27 - Operating Lease Co110

Note 27 - Operating Lease Commitments (Details Textual)	12 Months Ended
	Mar. 31, 2018
Top of range [member]
Statement Line Items [Line Items]
Lessee, Operating Lease, Term of Contract	5 years
Bottom of range [member]
Statement Line Items [Line Items]
Lessee, Operating Lease, Term of Contract	1 year

Note 27 - Operating Lease Co111

Note 27 - Operating Lease Commitments - Operating Lease Commitments (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Not later than one year [member]
Statement Line Items [Line Items]
Minimum lease payments payable under non-cancellable operating lease	$ 144	$ 15
Later than one year and not later than five years [member]
Statement Line Items [Line Items]
Minimum lease payments payable under non-cancellable operating lease	$ 160	$ 159

Note 28 - Pensions (Details Tex

Note 28 - Pensions (Details Textual) - USD ($)	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Pension Plan, Employer Contribution Rate	9.50%
Post-employment benefit expense, defined contribution plans	$ 900,483	$ 196,005	$ 0

Note 29 - Financial Instrume113

Note 29 - Financial Instruments (Details Textual) $ in Thousands	12 Months Ended
	Mar. 31, 2018USD ($)	Mar. 31, 2017USD ($)	Mar. 31, 2016USD ($)	Mar. 31, 2015USD ($)
Statement Line Items [Line Items]
Total cash and cash equivalents	$ 1,939	$ 10,970	$ 28
Current Ratio	1.03	2.53
Foreign exchange risk, trade and other payables	$ 6,100
Currency risk, AUD [member]
Statement Line Items [Line Items]
Foreign exchange risk, trade and other receivables	7,400
Foreign exchange risk, trade and other payables	4,900
Currency risk, GBP [member]
Statement Line Items [Line Items]
Foreign exchange risk, trade and other payables	1,200
Arowana International Limited [Member]
Statement Line Items [Line Items]
Amounts payable, related party transactions	$ 19,000	$ 19,000

Note 29 - Financial Instrume114

Note 29 - Financial Instruments - Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Statement Line Items [Line Items]
Trade and other receivables	$ 7,511	$ 20,448
Cash at bank and in hand	1,939	10,970	28
Total	9,450	31,418	28
Loans and borrowings	21,762	20,015	8,001
Trade and other payables	13,268	5,878	186
Finance leases payable	578	240
Total	$ 35,608	$ 26,133	$ 8,187

Note 30 - Related Party Tran115

Note 30 - Related Party Transactions (Details Textual) - USD ($)	12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2016
Statement Line Items [Line Items]
Total borrowings	$ 21,762,000	$ 20,015,000	$ 8,001,000
Directors' remuneration expense	1,131,000	1,705,000
Expense of restructuring activities	$ 1,873,000
Number of Instruments, Convertible Loan Notes Outstanding	2,473,367
Number of convertible preference shares outstanding	2,473,367
Reserve of equity component of convertible instruments	$ 25,072,000	25,072,000
Related party loans with Arowana International Limited [member]
Statement Line Items [Line Items]
Borrowings, interest rate	8.50%
Total borrowings	$ 770,000	0
Noncurrent related party loans with Arowana International Limited [member]
Statement Line Items [Line Items]
Borrowings, interest rate	8.50%
Total borrowings	$ 18,992,263	18,992,263
Borrowings, Periodic Payment	75,000
Notes payable to Arowana Australasian Special Situations 1A Pty Ltd [member]
Statement Line Items [Line Items]
Total borrowings	$ 4,655,366
Number of Instruments, Convertible Loan Notes Outstanding	666,666
Notes payable to Arowana Australasian Special Situations 1B Pty Ltd [member]
Statement Line Items [Line Items]
Total borrowings	$ 4,655,366
Number of Instruments, Convertible Loan Notes Outstanding	666,666
Notes payable to Arowana Australasian Special Situations 1C Pty Ltd [member]
Statement Line Items [Line Items]
Total borrowings	$ 4,655,366
Number of Instruments, Convertible Loan Notes Outstanding	666,667
Convertible loan notes payable to Panage Group Trust [member]
Statement Line Items [Line Items]
Total borrowings	$ 31,425
Interest paid	1,707
Convertible loan notes payable to Sd & K Investments Pty Ltd [member]
Statement Line Items [Line Items]
Total borrowings	302,010
Interest paid	$ 16,408
Arowana International Limited [Member]
Statement Line Items [Line Items]
Proportion of ownership interests held by shareholder	60.30%
Non-Executive Directors fee, Monthly	$ 21,094
Amounts payable, related party transactions	19,000,000	19,000,000
Monthly fees for Chief Financial Officer	26,352
Annual salary for director, recharged to related party	260,000
Third-party fees charged by related party	1,600,000
Expense of restructuring activities	202,003
Interest paid	758,766
Dividends paid	325,185
Arowana International Limited [Member] | Annual salary for director, recharged to related party [member]
Statement Line Items [Line Items]
Amounts receivable, related party transactions	242,915	121,046
Arowana International Limited [Member] | Directors fees for Kevin Chin [member]
Statement Line Items [Line Items]
Amounts payable, related party transactions	42,188	0
Arowana International Limited [Member] | Monthly fees for Chief Financial Officer [member]
Statement Line Items [Line Items]
Amounts payable, related party transactions	80,036	0
Arowana International Limited [Member] | Cost incurred by Arowana on behalf of VivoPower [member]
Statement Line Items [Line Items]
Amounts payable, related party transactions	1,802,003	$ 0
Director, Gary Hui [member]
Statement Line Items [Line Items]
Directors' remuneration expense	360,000
Director, Kevin Chin [member]
Statement Line Items [Line Items]
Purchases of property and other assets, related party transactions	$ 2,000,000
Arowana Australasian Special Situations 1A Pty Ltd [member]
Statement Line Items [Line Items]
Number of convertible preference shares outstanding	388,889
Reserve of equity component of convertible instruments	$ 1,163,843
Arowana Australasian Special Situations 1B Pty Ltd [member]
Statement Line Items [Line Items]
Number of convertible preference shares outstanding	388,889
Reserve of equity component of convertible instruments	$ 1,163,843
Arowana Australasian Special Situations 1C Pty Ltd [member]
Statement Line Items [Line Items]
Reserve of equity component of convertible instruments	$ 1,163,843
Arowana Australasian Special Situations Fund 1 Pty Limited [member]
Statement Line Items [Line Items]
Number of convertible preference shares outstanding	833,333
Reserve of equity component of convertible instruments	$ 2,493,948
Panaga Group Trust [member]
Statement Line Items [Line Items]
Dividends paid	$ 732
Number of convertible preference shares outstanding	4,500
Reserve of equity component of convertible instruments	$ 13,467
Sd & K Investments Pty Ltd [member]
Statement Line Items [Line Items]
Dividends paid	$ 7,032
Number of convertible preference shares outstanding	43,249
Reserve of equity component of convertible instruments	$ 129,433