doc__table__574

| 31 | Lessees shall, in addition to meeting the requirements of IFRS 7 Financial instruments: disclosures, make the following disclosures for finance leases: (a) for each class of asset, the net carrying amount at the balance sheet date; (b) a reconciliation between the total of future minimum lease payments at the balance sheet date, and their present value. In addition, an entity shall disclose the total of future minimum lease payments at the balance sheet date, and their present value, for each of the following periods: (i) not later than one year; (ii) later than one year and not later than five years; (iii) later than five years; (c) contingent rents recognised as an expense in the period; (d) the total of future minimum sublease payments expected to be received under non-cancellable subleases at the balance sheet date; (e) a general description of the lessee's material leasing arrangements, including, but not limited to, the following: (i) the basis on which contingent rent payable is determined; (ii) the existence and terms of renewal or purchase options and escalation clauses; and (iii) restrictions imposed by lease arrangements, such as those concerning dividends, additional debt, and further leasing.

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Source: EUR-Lex (Cellar) · retrieved 2026-11-08 · Text as adopted (Official Journal); later amendments are not incorporated in this text.