CERTYNEX IFRS ACADEMY

Thalgo applies IFRS 16 to a portfolio of 1,200 forklift leases with similar characteristics; it reasonably expects an effect that does not differ materially from applying it contract by contract. How does it establish its estimates and assumptions?

It uses for each lease the assumptions it would have used individually.

It may exclude the oldest leases from the portfolio to simplify the calculation.

It applies to the whole portfolio the assumptions of the most recently signed lease.

It uses estimates and assumptions that reflect the size and composition of the portfolio.