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Tackling The SICOM Leasing Question
Tackling The SICOM Leasing Question
Tackling The SICOM Leasing Question
the
Lestein :
Leasy
Sicom-hom 1
austerin
-
Inv
-
for the lessur
P sar
I
Bri
30/6)2)
Grz ......... -
Br5 Br
a+
30/6)22 30 5
2
sul/25
1/7/20 LP, LPz
Souvo
S RY
Ry
y
Artdoore
+
358150 -
+....
,
- -
+ 5
(
&
r)'(1 + r)2
00v +
50
rate the
implicit in
lease = effective 10 I
pe to He less or -
IRR
of Trial value
↳a %
3
Inv crear
Po of future benefits
-
-
NPV
lesson
my
[
-gi)] - 6150 =
+38357
+ 228985 ↓
imp disation ?
or
is 172522
r > 3
%
[0
507
-
,- -
kind
yof 7 % a
rate
[Lost I
rot]-565
e
: -
⑪
↓
15543
implication?
r (7 %
Conclusion :
3" Cr (7 %
.
r = LDR +
[R-LD12X
NPR
e3
[5513) 3832)
I
3
x
,
84653 %
=
8 .
~%
·
-
85
&
lease ?
because :
The
yes
ans is
(i) There an
identified asset
(building)has control
(ii) The lisse ove
the
use of the
building fora
Sched
& of 5
yrs .
Lease
Liability = P ofthe
lessee's
obligations
;
lease
, sagents
t GRY
any
usin a
M which
is eithe
[IARS16) :
borrowi rate .
(ii) the
rake implicit in
the lease .
(i 5 85%)
.
e
.
Hom) at I
July
2020
(black of
The
lease) :
L
-
of [15,
Dr Right 000 +
21145)
226480
I
use
building
heave *
Cr
hinktiy
211 480
,
Banks
Cr
(20 ,
000 -
5000) 15 our
* lease
PV of the lessee's minimum
GRD)
proyments (lease payment +
<my
.
Pr of have mits
Lease hieb
1
1pay
+ > Bri Brs
Tly
T
c
T05851
-
1 -
0585
sirox
[
I
5irvox
[0525e
I
I
- 50
,
ro x 4 .
2296
·450
#
I
Must be
paid off
Amortized
· We rust
propere
a lease him Amortisation
teblen .
Amortisation Table
CP
-
Lease
himbality Lesse hease Lease
heare Intcost
Year Lic · end peymt
Ond
hieb
peid
hi
Ond
at start
) (Amortised
%
<5 85
.
back
.
--------------
cast]
17pr-3r/6/21 211480
/
12372
C
50
,
rus 37628 173852
I
b
I
- ........
39830134022
1721-30/6/2173852
8
10170 ,
our
CL NCL
-esee of
30/6/2021
~
DepE expuse
[80)
Dr
2
,
45
CONL)
296
Cr
Acc-dup 45
,
~ Dr Intast (PNL) 12
,
372
Dr Luasehimb . 37 628
,
Cr Benk 50
,
ove
(2) Extract
of He
B)s of HOM
#Junel 2021
ment lines
·
Roll
Buildi [226480 45296 181184
-
hinbiltug
---
Non-errent his
- - -
Leasehibility- 134
[211480
3
173852 022
-37628 =
hind
/ ,
39830
-
Current 1
--
Current portin of
hirsuty
He less :
(+ 39830) 39 830
,
#73
852
,
17
- -