CERTYNEX IFRS ACADEMY

You are preparing the classification file for a sublease granted by Ardoval, the lessee of a production line for 8 years. Which information is relevant for this classification?

Whether or not the head lease is a short-term lease accounted for under the exemption.

The economic life of the production line itself, used as the basis of comparison.

The remaining term of Ardoval's right of use compared with the sublease term.

The classification of the head lease adopted by Ardoval's lessor in its own accounts.

The share of the risks and rewards relating to the right-of-use asset that the sublease transfers to the sublessee.