CERTYNEX IFRS ACADEMY

Ternoise leases several industrial sites. Which of the following situations, arising after the commencement date, are significant events within its control that require the lease term of its leases to be reassessed?

Significant leasehold improvements, not anticipated at the commencement date, expected to have significant economic benefit when the option becomes exercisable.

A general rise in market rents in the region.

A significant customisation of the underlying asset, not anticipated at the commencement date.

A rise in Ternoise's incremental borrowing rate.

A business decision directly relevant to exercising or not exercising an option.