CERTYNEX IFRS ACADEMY

Pressilux leases identified industrial presses to its customers for periods of three to five years. It also grants one of these customers a licence to use its patented surface-treatment process. How does Pressilux analyse these two arrangements with regard to the scope of IFRS 16?

Both arrangements fall within IFRS 16, because Pressilux acts each time as lessor of an asset.

Both arrangements fall within IFRS 15, because in both cases Pressilux sells a service to its customers.

The licence falls within IFRS 16 and the leases of presses within IFRS 15, because only licences are rights of use.

The leases of presses fall within IFRS 16; the licence of intellectual property falls within IFRS 15.