CERTYNEX IFRS ACADEMY

During the year, the parent company of Varenne SA makes office premises available to it free of charge. No rent is charged. How should this arrangement be analysed?

It is a transfer of resources with a related party, even with no price charged.

It is not a transaction, since the parent does not charge a price.

It is a transaction if the parent later invoices a rent.

It is a transaction when the value of the premises is significant for the entity.