Sub lease along with bundled services IFRS 16

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Aleem443
Posts: 2
Joined: 15 Jun 2020, 12:01

Sub lease along with bundled services IFRS 16

Post by Aleem443 »

hi guys,

I have a question regarding the sub lease and bundled service.
Part A: Company A ( Lessee) enters into a lease agreement of warehouse for a period of 3 years with company B.
Part B : Company A enters into service contract with third party ( company C) for 3 years for renting , along with manpower, operational expenses services ( bundled Service)
Note : No connection for third party with Company B
Service contract doesnt mention any lease details.

issue: Does Part B constitutes ? if not , what is the treatment.

thanks in advance.
Leo
Posts: 909
Joined: 05 Apr 2020, 22:31

Re: Sub lease along with bundled services IFRS 16

Post by Leo »

Hi
I think for part B, the rental part is IFRS16, and the others are just operating charges in P&L?
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Marek Muc
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Joined: 15 Oct 2018, 17:21
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Re: Sub lease along with bundled services IFRS 16

Post by Marek Muc »

Does part B satisfy the criteria described here below?

https://ifrscommunity.com/knowledge-bas ... g-a-lease/
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