Simple case IFRS 16 Leases – Fixed payments depending on an index and rent free period – Last part

The first part of calculations and background information for the simple case IFRS 16 Leases is dicsussed on the web page listed here.

Simple case IFRS 16 Leases – Fixed payments depending on an index and rent free period

We will not repeat every quarterly payment/journal entry. However the quarterly payment as at 1 December 2015, the year-end financial closing entries and the indexing as at 1 March 2016 will be discussed here.

Qtr payment 1 December 2015:Continue reading