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Chapter 6






                          Overview






                                                        Leases
                                                             ®
                                                        IAS  17






                                                                         Operating
                                 Finance leases                            leases









                                                                     Any lease that is not a
                               Risk and rewards
                              transfer to the lessee                 finance lease (no risk
                                                                     and rewards transfer)






                                                        Sale and

                                                       leaseback




                                                                          Operating

                                  Finance leases                            leases














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