Calculate the opening right-of-use asset under IFRS 16 using lease liability, initial direct costs, lease incentives, restoration provision, and prepaid lease payments. Generate instant depreciation outputs and an opening journal entry preview.
Fill in the core IFRS 16 inputs below to compute the initial right-of-use asset and straight-line depreciation.
Review the core IFRS 16 results immediately after calculation.
Straight-line depreciation schedule based on the calculated opening ROU asset and lease term.
| Year | Opening Balance | Depreciation | Closing Balance |
|---|---|---|---|
| No schedule yet. Enter values and click Calculate. | |||
A simplified visual showing the decline in carrying amount over the lease term.
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