CERTYNEX IFRS ACADEMY

Valtech enters into an overall contract of 100,000 with a customer for making an industrial printer available (a lease component within the scope of IFRS 16) and for an operator training service. Applying the requirements of IFRS 16, the amount attributed to the lease component is 60,000 (case datum). What amount is the transaction price to be accounted for under IFRS 15?

100,000, because the contract is with a customer and has a single overall price.

60,000, the amount attributed to the lease component.

40,000, the remainder after excluding the amount measured under IFRS 16.

160,000, by adding the lease component to the overall price.