CERTYNEX IFRS ACADEMY

The Corbières group uses some of its forklift trucks itself and leases out the others under operating leases; it also holds investment property that is leased out. Which statements about its disclosures are correct? (several answers)

No disclosure is required on leased assets, since the lessees provide theirs.

For property, plant and equipment, each IAS 16 class is disaggregated between assets subject to operating leases and assets not leased.

The disclosure requirements of IAS 36 apply to assets subject to operating leases.

The IAS 16 disclosures on leased forklift trucks are combined with those on forklift trucks in use, without distinction.

The disclosure requirements of IAS 40 apply to investment property subject to operating leases.