FIANANCE/OPERATING AS PER IAS 17: LE BY: CA ROSHANKUMAR P

E/OPERATING LEASE IDENTIFIER AS PER IAS 17: LEASE A ROSHANKUMAR PIMPALKAR

DOES THE

The ownership of the asset transfers to the lessee by the end of the lease term. OR The lessee has the option to purchase the asset at the price which is substantially lower than the fair value. OR The leased assets are of the specialised nature so that only lessee can use it without major modification being ma OR The lessee can cancel the lease and it will bear the lessors losses associated with cancellation OR The gains or losses from the fluctuation in the fair value of the residual value fall to the lessee OR The lessee has the ability to continue the lease for a secondary period at a rent that is substantially lower than the

IT'S A FINANCE LEASE

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HE YES NO NO NO NO NO

ubstantially lower than the fair value.

use it without major modification being made.

ciated with cancellation

al value fall to the lessee at a rent that is substantially lower than the market rent

A FINANCE LEASE

O THE CALCULATOR

INPUT I AM A DATE OF BEGINNING OF LEASE LEASE TERM ECONOMIC LIFE OF ASSET LEASE RENTAL PER ANNUM (AMOUNT) RENTAL PAYABLE AT THE TOTAL RESIDUAL VALUE TOTAL OF RESIDUAL VALUE GUARANTEED BY LESSEE, PARTY RELATED TO LESSEE AND THIRD PARTY FAIR VALUE OF LEASED ASSET

LESSOR 12/31/2012 8 10 25000 END OF YEAR 20000 10000 500000

CLICK HERE A FINANCE LEASE

RUN GOAL SEEK FUNCTION GIVEN IN WHAT IS ANALYSIS ON CELL G17, SET THE "TO V CHANGING CELL J4 AND HTEN CLICK THE
LEASE TERM / ECONOMIC LIFE OF ASSET INTEREST RATE IMPLICT IN THE LEASE PARTICULARS MINIMUM LEASE PAYMENTS (ENTER REQUIRED YEARS IN THE YEAR COLUMN, INSERT ROWS IF REQUIRED) YEAR 2012 2013 2014 2015 2016 DISCOUNT AMOUNT VARIABLE 25000 25000 25000 25000 25000 0 0 0 10000 0.690 0.476 0.328 0.226 0.156 0.108 0.074 0.051 0.051

UNGUARANTEED RESUDUAL VALUE TOTAL DISCOUNTED AMOUNT PRESENT VALUE OF MINIMUM LEASE PAYMENTS PERCENTAGE OF FAIR VALUE

2016

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SIS ON CELL G17, SET THE "TO VALUE" EQUAL TO THE FAIR VAULE OF THE ASSET BY G CELL J4 AND HTEN CLICK THE BUTTON
80% -31% DISCOUNTED AMOUNT 36252.22 52568.94 76229.64 110539.75 160292.46 0.00 0.00 0.00 195504.58 631387.60 435883.02 87%

ND OUT THE ANSWER