Lessees must present right-of-use assets separately on the statement of financial position, or disclose which line item includes those right-of-use assets. Similarly, lessees must present lease liabilities separately on the statement of financial position or disclose which line item includes those lease liabilities.
When it comes to the income statement, lessees must present interest expense on the lease liability separately from depreciation expense on the right-of-use asset.
For lessors, the financial statement presentation depends on whether the lease is a finance lease or an operating lease.
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