Examples of Finance Leases in a sentence
The Council acting as a Lessee Finance Leases: Property, Plant and Equipment recognised under finance leases are accounted for using the policies applied generally to such assets, subject to depreciation being charged over the lease term if this is shorter than the asset’s estimated useful life.
Any impairment losses at transition date will be adjusted against the accumulated funds.• Finance Leases.
The Council acting as a Lessor Finance Leases: Where the Council grants a finance lease over a property or an item of plant or equipment, the relevant asset is written out of the Balance Sheet as a disposal.
The Authority as Lessor Finance Leases Where the authority grants a finance lease over a property or an item of plant or equipment, the relevant asset is written out of the Balance Sheet as a disposal.
Finance Leases Entity as lessorBallarat Health Services does not hold any finance lease arrangements with other parties.