IAS 17 para 31, certain finance lessee disclosures

Travis Perkins plc – Annual report – 31 December 2018

Industry: distribution

9. Property, plant and equipment (extract)
The carrying amount of assets held under finance leases is analysed as follows:


20. Borrowings (extract)
d. Obligations under finance leases


The average loan term for properties held under finance leases is 48 years (2017: 49 years). Interest rates are fixed at the contract date. All lease obligations, which are denominated in Sterling, are on a fixed repayment basis and no arrangements have been entered into for contingent rental payments.