FIN2101 BUSINESS FINANCE II Module 8 Analysis of leases
FIN2101 BUSINESS FINANCE II Module 8 Analysis of Leases
Student activities Reading Text, Chapter 18(pp. 652-61 onl Text Study Guide, Chapter 18(part only ■ Study B00k, Module8 Tutorial Activities Self assessment activity 8.1 a Text Study guide, Chapter 18, T/F1-2, M/C 1 4. Problem 1
Student Activities Reading ◼ Text, Chapter 18 (pp. 652-61 only) ◼ Text Study Guide, Chapter 18 (part only) ◼ Study Book, Module 8 Tutorial Activities ◼ Self Assessment Activity 8.1 ◼ Text Study Guide, Chapter 18, T/F 1-2, M/C 1- 4, Problem 1
Lease finance providers Lease finance commitments, by type of lessor Source 19992000 2000-2001 2001-2002 Banks $3135m $2062m $1905m Finance companies $2556m $l571m $I812m General financiers $1472m $I580m $1625m Other $744m $849m $1271m Totals $7908m $606lm $6613m Source: ABS. Year book Australia 2003. Table 26.26
Lease Finance Providers Lease finance commitments, by type of lessor Source 1999-2000 2000-2001 2001-2002 Banks $3 135m $2 062m $1 905m Finance companies $2 556m $1 571m $1 812m General financiers $1 472m $1 580m $1 625m Other $ 744m $ 849m $1 271m Totals $7 908m $6 061m $6 613m Source: ABS, Year Book Australia 2003, Table 26.26
assets leased Lease finance commitments, by type of goods leased fasset 1999-20002000-20012001-2002 MV& other transport $3639m$2529m$2844m Construction earth moving equipment $319m$217m$232m Agricultural machinery equipment $328m$212m$220m Automatic data processing equipment $1996m$1944m$2124 office machinery Shop and office furniture, fittings equipment$ 454m$ 343m$ 340m Other goods 1171m$815m$857m Totals $7907m$6060m$6617m Source: ABS. Year book ustralia 2003. Table 26.27
Assets Leased Lease finance commitments, by type of goods leased Type of Asset 1999-2000 2000-2001 2001-2002 MV & other transport $3 639m $2 529m $2 844m Construction & earth moving equipment $ 319m $ 217m $ 232m Agricultural machinery & equipment $ 328m $ 212m $ 220m Automatic data processing equipment & office machinery $1 996m $1 944m $2 124m Shop and office furniture, fittings & equipment $ 454m $ 343m $ 340m Other goods $1 171m $ 815m $ 857m Totals $7 907m $6 060m $6 617m Source: ABS, Year Book Australia 2003, Table 26.27
Definitions LEASE-A contract which grants a lessee the right to use an asset in return for periodic payments to the lessor LESSOR- The owner of the asset LESSEE- The party leasing the asset from its owner
Definitions ◼ LEASE - A contract which grants a lessee the right to use an asset in return for periodic payments to the lessor. ◼ LESSOR - The owner of the asset. ◼ LESSEE - The party leasing the asset from its owner