CERTYNEX IFRS ACADEMY

The property company Ombrelle leases an office building that it fully subleases to third parties; according to the analysis provided, the corresponding right-of-use asset meets the definition of investment property. How is this right-of-use asset presented in the statement of financial position?

On the separate right-of-use asset line, like all other right-of-use assets.

Within property, plant and equipment, the line where a building owned and occupied by the entity for its business would appear.

Within investment property, the separate presentation of right-of-use assets not applying.

As a deduction from the lease liability relating to this building.