CERTYNEX IFRS ACADEMY

Liseron, lessee of a store lease, pays a fixed annual lease payment included in the lease liability and a variable top-up based on its revenue, not included. No amount is included in another asset. Among the following items relating to the lease liability and payments, which are recognised as expenses of the year? (several answers)

The part of the fixed payment that repays the principal of the lease liability.

The interest for the year on the lease liability.

The full fixed annual payment, in addition to depreciation of the right-of-use asset.

The variable top-up based on the year's revenue.