IFRS 16 requires which one of the following disclosures in a lessee’s primary financial statements?
A. Expense relating to short-term leases with terms of one month or less
B. Depreciation for right-of-use assets by class of underlying asset
C. Interest income on right-of-use assets
D. Expense relating to variable lease payments included in the measurement of the lease liability
Under IFRS 16, a lessee is required to disclose depreciation for right-of-use assets by class of underlying asset. Therefore, the correct answer is:
B. Depreciation for right-of-use assets by class of underlying asset
