Hello Silvia, We have had a lease for the office and warehouse for a few years and we will continue to do so in the future, but the lease is renewed every year (12 months) without the right to sell, in which case IFRS16 applies? If so, there is no specific future period mentioned in the agreement. Hello, can I clarify if the financial report covers 18 months from July 2018 to December 2019, can we not accept ifrs 16 rents, I know that this standard is in effect from or January 2019, early acceptance is allowed, can we process these rental fees during these 18 months since our financial report started from July 1, 2018? Indeed, our chartered accountant insists that the ROU be adopted at the beginning of 2019. Hello Silvia, if the company has concluded a 2-year lease and it can be terminated within 2 months of 1 year. Can we apply for the exemption and simply invite the rent in Profit & Loss? Thank you Silvia, I have a question about sale and rental transactions. I have provided here an example, please help me: Sale value on sale date: USD 25 million FV on sale date USD 23 million from sale profits: USD 5 million IFRS 15 qualified sale Present value of new leasing liabilities USD 15. How about the accounting treatment? Hello Silvia It`s always great to follow you and thank you for the best class we get. In addition, I have doubts about the current scenario I am facing. I work in the UNITED Arab Emirates and we have rented warehouses. Depending on the contract signed, the duration of the lease is only one year and we can extend it for years to come. Every year we have to renew the treaties. Is it covered by IFRS 16? Or can we treat the same rent as usual your expertise in this matter is highly appreciated I am confused for if I am in operating leasing with no intention to buy at the end of the contract, except in contact with a condition of the tenant has a Wright to terminate if he has to pay a full period.

That is to say the rent of affiliates in a monthly lease invoice as before Hello Budi, I can not really say of this brief description, but it seems that it would rather be a financing agreement (loans with assets) according to IFRS 9, and your assets would rather be accounted for as PSA and not as ROU. Hello Sylvia, I hope you are well. And if we had just started a lease with our landlord for 12 months, but they released us 1 month, for a total of 13 months at the price of 12 months. Is it still included in IFRS 16? If so, what will be the accounting bookings? Because we pay in two payments. First payment from the beginning (50%) and remaining (50%) in the middle of our contract. I do not understand the interest charges, because this agreement does not contain an interest rate. Thank you for your help. Thank you for the answer. Let us be clear, with regard to the accounting treatment, should rental costs be accounted for according to the rental costs actually to be paid or should they be linear over the term of the lease, taking into account a 10% increase in the lease amount every two years? The initial agreement has a duration of ten years and either party can terminate the agreement at any time with a period of two months.

Bonjour Silvia Company A invests in a power plant for the production and supply of electricity to the national grid (National Organization) under a FTA (Power Purchase Agreement). Suppose the AAA contract is valid for 10 years with the possibility of extending for an additional 10 years. Do you see this as a leasing scenario? Thank you Hans The annual interest rate implicit in the lease agreement is 5%. The present value of the annual payments (20 payments in the amount of USD 200,000), Discount at 5%) is USD 2,492,400, of which USD 500,000 relates to additional financing and USD 1,992,400 (USD 2,492,200 – USD 500,000) on the lease agreement (adjusted for the fair value difference already identified). The annual payment, which would have to be made 20 times a posteriori to repay additional financing of $500,000, if the interest rate is 5% per year, would be $40,122 ($500,000 / US$12,462 (the cumulative reduction factor of 5% for 20 years)….