【正文】 est in the current period (generally, rental paid per year except for mencement of lease differs from the reporting date.) 32 F7 Accounting for Operating lease by lessee ? Rentals are charged to the ine statement on a straightline basis over the term of the lease. F7 33 Presentation Operating lease ? Ine statement – Rent charge ? SFP – Prepayments or accruals F7 34 Test 3, p282 At the beginning of year Y1 Y2 Y3 Y4 Dr. Prepaid rent 1000 Cr. Cash 1000 At the end of the year Dr. Rent charge 1250 1250 1250 1250 Cr. Prepaid rent 250 250 250 250 Cash 1000 1000 1000 1000 F7 35 Continued Y1 Y2 Y3 Y4 ? Ine statement – Rent charge 1250 1250 1250 1250 ? SFP – Prepaid rent 750 500 250 F7 36 Disclosure by lessees ? Finance lease – carrying amount of asset。 ? At the inception of the lease, the present value of the minimum lease payments amounts to at least substantially all of the fair value of the leased asset。 F7 3 Continued ? Noncancellable lease不可撤銷租賃 – a lease that is cancellable only in one of the following situations ? upon the occurrence of some remote contingency ? with the permission of the lessor ? if the lessee enters into a new lease for the same or equivalent asset with the same lessor F7 4 Continued ? Executory costs 履約成本 – insurance, maintenance and tax expenses which are paid by and be reimbursable to the lessor. – estimated and excluded from the MLPs. ? Contingent rent或有租金 – that portion of the lease payments that is not fixed in amount but is based on a factor other than just the passage of time (for example, percentage of sales, amount of usage, price indices, market rates of interest). F7 5 Continued ? Residual value guaranteed擔保余值 – the amount at which the lessor has the right to require the lessee to purchase the asset。IAS17 Leases Syllabus C6 Definition ? A lease租賃 – an agreement whereby the lessor conveys to the lessee, in return for a payment or a series of payments, the right to use an asset for an agreed period of time. ? Inception of lease租賃開始日 – 租賃協(xié)議日與租賃各方就主要條款作出承諾日之中的較早者。 or – the amount the lessee or third party guarantor guarantees that the lessor will realize in residual value at the end of lease term. – It aims at protecting the lessor against any loss in estimated residual value, thereby ensuring the lessor of the desired rate of return on investment. F7 6 Continued ? Bargain purchase option優(yōu)惠購買權 – A provision allowing the lessee to purchased the leased asset for a price that significantly lower than the asse