Search found 8 matches

by Rustam
29 Nov 2021, 15:46
Forum: IFRS-related topics
Topic: IFRS 16 Lessor interest rate implicit
Replies: 2
Views: 932

Re: IFRS 16 Lessor interest rate implicit

Or should I to reflect this operation as a loan?
by Rustam
29 Nov 2021, 06:03
Forum: IFRS-related topics
Topic: IFRS 16 Lessor interest rate implicit
Replies: 2
Views: 932

IFRS 16 Lessor interest rate implicit

Hi everyone, The lessor indicated the below market interest rate in the (finance) lease contract (Interest rate in the contract is 1%, market rate of borrowings is 18-20%). The 1% interest rate meets the definition of interest rate implicit in IFRS 16. "The rate of interest that causes the pres...
by Rustam
28 Sep 2021, 12:21
Forum: IFRS-related topics
Topic: when take a below-market loan partially, how the discount is calculated
Replies: 10
Views: 2862

Re: when take a below-market loan partially, how the discount is calculated

For example, a loan contract is signed for 10 million dollars and will be repaid on fixed dates within 5 years by 500 000 dollars quarterly. It doesn’t matter when 10 million will be withdrawn, at one time or partially several times, that is, the schedule will not change. In our case, we can’t withd...
by Rustam
28 Sep 2021, 11:24
Forum: IFRS-related topics
Topic: when take a below-market loan partially, how the discount is calculated
Replies: 10
Views: 2862

Re: when take a below-market loan partially, how the discount is calculated

But, there is a problem. In order to calculate the discount every time how should I divide repayment cash flow. Because the repayment schedule is single for the whole contract.
by Rustam
28 Sep 2021, 06:03
Forum: IFRS-related topics
Topic: when take a below-market loan partially, how the discount is calculated
Replies: 10
Views: 2862

Re: when take a below-market loan partially, how the discount is calculated

1) The difference is material
2) The loan will be repaid according to the repayment schedule
by Rustam
27 Sep 2021, 15:45
Forum: IFRS-related topics
Topic: when take a below-market loan partially, how the discount is calculated
Replies: 10
Views: 2862

Re: when take a below-market loan partially, how the discount is calculated

Thank you for answer DJP, But the question is deeper. We have relevant market rate and we have identified that the difference between the cash received and the liability should be recognized either as an equity contribution or go straight to P&L… The question is as follows: Let’s say, we signed ...
by Rustam
24 Sep 2021, 17:19
Forum: IFRS-related topics
Topic: when take a below-market loan partially, how the discount is calculated
Replies: 10
Views: 2862

when take a below-market loan partially, how the discount is calculated

Hi everyone, Our company often takes a below-market loan. But, the loan is disbursed in several parts within 1-2 years within the framework of one agreement. In this case, how are the fair value of the loan and the discount determined? Once when sign the contract? Or every time when every part is di...