These examples accompany, but are not part of, IFRS 16. They illustrate aspects of IFRS 16 but are not intended to provide interpretative guidance. They are detailed in the Official Book in PDF, ISBN 978-1-911040-06-4 available online thanks to the Australian Accounting Standards Board.
We grab a cup of and made a review of all IFRS 16 illustrative examples
| Example n° | eLease16 |
|---|---|
| 13, Measurement by a lessee and accounting for a change in lease term | |
| 14, Variable lease payments dependent on an index and variable lease payments linked to sales | |
| 15, Modification that is a separate lease | |
| 16, Modification that increases the scope of the lease by extending the contractual lease term | |
| 17, Modification that decreases the scope of the lease | |
| 18, Modification that both increases and decreases the scope of the lease | |
| 19, Modification that is a change in consideration only | |
| 20, Sublease classified as a finance lease, for lessors only | |
| 21, Sublease classified as an operating lease, for lessors only | |
| 23, Extension options and termination options | |
| 24, Sale and leaseback transactions |
It's up to you to manage these cases, considering your own context and contracts:
| Example n° |
|---|
| 1, Identifying a lease, Rail cars |
| 2, Identifying a lease, Concession space |
| 3, Identifying a lease, Fibre-optic cable |
| 4, Identifying a lease, Retail unit |
| 5, Identifying a lease, Truck rental |
| 6, Identifying a lease, Ship |
| 7, Identifying a lease,Aircraft |
| 8, Identifying a lease, Contract for shirts |
| 9, Identifying a lease, Contract for energy/power |
| 10, Identifying a lease, Contract for network services |
| 11, Leases of low-value assets and portfolio application |
| 12, Lessee allocation of consideration to lease and non-lease components of a contract |
| 22, Variable payment terms |