IFRS 16 Leases Booklet

This Booklet sets out the principles for the recognition, measurement, presentation and disclosure of leases.

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Introduction

Recognition of a Lease and Portions of assets

Separation of components of a contract / Separating non-lease components / Combine separate lease contract

Right to Use

Lease liability

Sale and leaseback accounting

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Does a contract include a lease? – A decision tree

When is an asset identified? – Some explanations

Right to control the use of the identified assetDetails

Two calculation examples: Case 1 / Case 2

____________________________________________________________________________________Lease cases: