NetLease - Supplemental Cash Flow Information
Purpose
This report provides a summary of cash flow information categorized by lease type, supporting the supplemental cash flow disclosures required for your lease financial statement footnotes.
Quantitative Disclosure Guidance
Below is the lease quantitative disclosure guidance:
ASC 842-20-50-4 For each period presented in the financial statements, a lessee shall disclose the following amounts relating to a lessee’s total lease cost, which includes both amounts recognized in profit or loss during the period and any amounts capitalized as part of the cost of another asset in accordance with other Topics, and the cash flows arising from lease transactions:
a. Finance lease cost, segregated between the amortization of the right-of-use assets and interest on the lease liabilities.
b. Operating lease cost determined in accordance with paragraphs 842-20-25-6(a) and 842-20-25-7.
c. Short-term lease cost, excluding expenses relating to leases with a lease term of one month or less, determined in accordance with paragraph 842-20-25-2.
d. Variable lease cost determined in accordance with paragraphs 842-20-25-5(b) and 842-20-25- 6(b).
e. Sublease income, disclosed on a gross basis, separate from the finance or operating lease expense.
f. Net gain or loss recognized from sale and leaseback transactions in accordance with paragraph 842-40-25-4.
g. Amounts segregated between those for finance and operating leases for the following items:
- Cash paid for amounts included in the measurement of lease liabilities, segregated between operating and financing cash flows
- Supplemental noncash information on lease liabilities arising from obtaining right-of-use assets
- Weighted-average remaining lease term Presentation and disclosure 9-9
- Weighted-average discount rate.
Below is an example of a Supplemental Cash Flow disclosure for Financial Statements. The report within NetLease is designed to fulfill this disclosure requirement.
Navigation
NetLease > Reports > Disclosure Reports > Supplemental Cash Flow Information > Run
Filtering
You can refine the report search by applying filters for subsidiary, currency, department, class, location, lease, accounting period, or date. Once the desired filters are selected, click Preview to view the disclosure.
Recommended Approach
Filter the accounting period to reflect the current reporting period.
Show FX Calculations Filter
This checkbox enables users to view lease balances in the lease currency, subsidiary currency, and consolidated currency. It also displays the exchange rates used to calculate these balances.
This option is useful for viewing and reconciling balances for leases that have undergone remeasurement or have been consolidated into a different subsidiary currency.
Results
After running the report, users will see the Supplemental Cash Flow Information amounts by lease type. Individual leases can be drilled down to view the related transactions. To download the report, click the Export button to save it as an Excel file.