Examples of using Operating lease in English and their translations into Arabic
{-}
-
Colloquial
-
Political
-
Ecclesiastic
-
Ecclesiastic
-
Computer
Is a means of taking advantage of rental values paid in leased assets where the acquisition of assets at rental values at the end of the lease term is an alternative to the(traditional) operating lease, in which the lessee does not benefit from rental values paid.
All incentives for the agreement of a new or renewed operating lease should be recognized as an integral part of the net consideration agreed for the use of the leased asset.
The operating expenses include lease payments for an amount of $8.5 million, recognized as operating lease expenses during the year in the statement of financial performance under" operational costs".
$9.1 million(8.5 million in 2012) recognized as operating lease expenses during the year in the statement of financial performance under" operational costs".
Sublease payments amounting $3.1 million were received in 2013($2.9 million in 2012) and recognized as operating lease revenue during the year in the statement of financial performance and are included in" miscellaneous revenue".
From a legal point of view, the right of either party to cancel the lease is normally considered as a characteristic of an operating lease, as opposed to a financial lease. .
(a) It may treat the payments as expenditure, in which case the lessee may charge the rentals against the earnings of the financial year in which they are due(operating lease), thereby reducing its annual profit and consequently the income tax due.
Some of the operating lease agreements contain renewal clauses which enable the Organization to extend the terms of the leases at the end of the original lease terms, and escalation clauses that may increase annual rent payments based on increases in the relevant market price indexes in the respective countries where the field offices are located.
in the amount of $3.7 million was recognized for the donated rights to use(operating lease similar) premises occupied in 2012 by UNFPA under this type of agreement, based on the annual rental
Some of the operating lease agreements contain renewal clauses that enable the Organization to extend the terms of the lease at the end of the original lease terms, and some contain escalation clauses that may increase annual rent payments based on increases in the relevant market price indexes in the country concerned.
Revenue and expense(see note 18) in the amount of $3.1 million was recognized for the donated right to use(operating lease similar) premises occupied in 2013 by UNFPA under this type of agreement, based on the annual rental value of similar premises as calculated by an external independent consultant.
Some of the operating lease agreements contain renewal clauses which enable the Organization to extend the terms of the leases at the end of the original lease terms, and escalation clauses that may increase annual rent payments based on increases in the relevant market price indexes in the respective countries where the field offices are located.
UNOPS leases office premises in field locations under non-cancellable and cancellable operating lease agreements.
Often, the lease is a" financial lease" as opposed to an" operating lease".
UNICEF has approximately 700 operating lease agreements for land, office, warehouse and residential space.
As a result, there is no disclosure of operating lease commitments in the above table.
Leases with a maximum term of 12 months or less would be treated in accordance with current operating lease rules.
The lease falls under the classification of an operating lease since the risks and rewards are not fully transferred to UNCDF.
Additionally, Auto World signed an operating lease agreement with Halliburton to provide a variety of vehicles for three years starting in 2016.
Whether a lease is a finance lease or an operating lease depends on the substance of the transaction rather than the form of the contract.