CERTYNEX IFRS ACADEMY

The accounting department of the Ostreva group is preparing a fact sheet on combining contracts under IFRS 16. Which elements are part of the conditions that require two contracts to be combined? (several answers)

The contracts are entered into at or near the same time.

The contracts have the same term.

The contracts are entered into with the same counterparty or with related parties of the counterparty.

At least one criterion is met: package negotiation, interdependent consideration or single lease component.

Each contract, taken on its own, is a lease.