Presented in Illustration 21.39 are the financial statement disclosures from the 2018 annual report of Air France

Question:

Presented in Illustration 21.39 are the financial statement disclosures from the 2018 annual report of Air France (FRA).


Instructions

Answer the following questions related to these disclosures.

a. What is the total obligation disclosed in the Lease Debt note at year-end 2018 for Air France?

b. What is the total of right-of-use assets for the year ended December 31, 2018, for Air France?

c. Describe the nature of any lease arrangements not capitalized by Air France at fiscal year-end 2018.

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Intermediate Accounting IFRS

ISBN: 9781119607519

4th Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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