Update 2 on Fieldwork Research Results

Update 2   IFRS 16 –  Fieldwork outcome

In Update 2, we can report the following:

• The publication includes the differences between leases and other forms of financing, such as medium term loans.
• In addition to revealing that the high costs of leasing are, to a large extent, a fairy tale, even if there are some benefits, there is also agreater risk for companies to own an asset
• One of the risks: the financing of an asset owned is almost never fully matched, so interest rate risk is involved.
• The probability of rising interest rates is now greater than a further fall; so the probability of financial risks arising is increasing.

Note: Tweuus announced at the beginning of February 2018 that work is under way to publish the results of research on the practical consequences for a’ normal’ portfolio of operating leases of the transition to the new accounting standard for leases, IFRS 16.

Until the end of February, interested parties can subscribe to the publication of the publication by means of the IFRS 16 credit voucher to the results of research via the webshop at a reduced rate of € 10.00 (including Dutch VAT).