INTEGRATED
REPORT
2019

14.2. Leases

SELECTED ACCOUNTING PRINCIPLES

Lease

Detailed accounting principles are described in note 5  Impact of IFRS changes on consolidated financial statements.

PROFESSIONAL JUDGMENT

In the field of contracts in which the Group is a lessee, when the assessment or the contract contains a lease is not clear, the Group makes a professional judgment whether the definition of lease in accordance with IFRS 16 is fulfilled.

In the field of contracts in which the Group is a lessor, the Group makes a judgment classified lease contracts as finance lease or operating lease based on the analysis of the economic content of the transaction.

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