Disclosure Requirements under NZ IFRS 16

Lease expense relating to the short-term and low value lease exemptions

Interest expense on lease liability

Depreciation charges for ROU assets

Lease expense relating to long-term leases (correct)

To provide information about the financial position of the lessee

To disclose the effect of leases on the cash flows of the lessee

To enable users of financial statements to assess the effect of leases on the financial position, financial performance, and cash flows of the lessee (correct)

To disclose the effect of leases on the financial performance of the lessee

Paragraphs 52-59

Paragraphs 52-60 (correct)

Paragraphs 51-60

Paragraphs 51-59

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