CERTYNEX IFRS ACADEMY

Isbane presents 2.4 million of asset additions in investing, of which 0.9 million are right-of-use assets, and in financing “new lease liabilities: +0.9 million”; no note describes non-cash transactions. What should be corrected?

Nothing, the 0.9 million shown in investing and in financing offsetting each other in the change in cash.

Only add a note on the new leases, leaving both amounts in the statement.

Reclassify the 0.9 million as operating, the right-of-use assets being used in day-to-day activities.

Remove the 0.9 million from both activities (investing 1.5 million) and describe the new leases in a note.