Document ID: chunk:federal_register_of_legislation:F2025C00209:front:0:p35
Version: federal_register_of_legislation:F2025C00209
Segment Type: other
Provision Reference: 
Character Range: 104699–108055

business combinations;
           2.                    impairment losses;
           3.                    disposals of previously acquired businesses; and
           4.                    other changes.
     This reconciliation need not be presented for prior periods. [Based on IFRS for SMEs Standard paragraph 19.26]

Leases[19]
      1.                  A lessee shall make the following disclosures for leases:
           1.                    for each class of underlying asset, the net carrying amount of the right-of-use asset at the end of the reporting period;
           2.                    the total of future lease payments at the end of the reporting period, for each of the following periods:
                1.                      not later than one year;
                2.                    later than one year and not later than five years; and
                3.                  later than five years; and
           1.                    a general description of the lessee's significant leasing arrangements including, for example, information about variable lease payments, extension and termination options, residual value guarantees, subleases and restrictions imposed by lease arrangements.
        [Based on IFRS for SMEs Standard paragraph 20.13]

      1.                  In addition, the requirements for disclosure about assets in accordance with paragraphs 134(e)(i) and (vii) and 136 apply to lessees for the right-of-use assets. [Based on IFRS for SMEs Standard paragraph 20.14]
      2.                  A lessee shall make the following disclosures for short-term leases and leases of low-value assets that are not recognised as right-of-use assets under the exemption in paragraph 6 of AASB 16 Leases:
           1.                    the amount of its lease commitments for short-term leases if the portfolio of short-term leases to which it is committed at the end of the reporting period is dissimilar to the portfolio of short-term leases to which the short-term lease expense disclosed applying paragraph (b) below relates; and
           2.                    lease payments recognised as an expense.
          [Based on IFRS for SMEs Standard paragraph 20.16]

     146A If a lessee applies the practical expedient in paragraph 46A of AASB 16, the lessee shall disclose:
           1.                     that it has applied the practical expedient to all rent concessions that meet the conditions in AASB 16 paragraph 46B or, if not applied to all such rent concessions, information about the nature of the contracts to which it has applied the practical expedient (see AASB 16 paragraph 2); and
           2.                    the amount recognised in profit or loss for the reporting period to reflect changes in lease payments that arise from rent concessions to which the lessee has applied the practical expedient in AASB 16 paragraph 46A.
     In the reporting period in which a lessee first applies the practical expedient in AASB 16 paragraph 46A, the lessee is not required to disclose the information that would otherwise be required by paragraph 106(b) in respect of the accounting policy changes made in applying the practical expedient.

Finance Leases – Lessors
      1.                  A lessor shall make the following disclosures for finance leases:
           1.                     a