Finance leases are categorised and collected as “debt” under our data collection rules. All other lease liabilities are classified and collected as “other liabilities.
Always distinguish between finance leases and other lease liabilities when reviewing or categorising balance sheet figures.
E.g; Scenario 1: “Treating Lease as Other liabilities”
If a lease is not clearly identified as a finance lease and is only described as “lease liabilities” or “other lease obligations,” we do not treat it as debt. Instead, it is classified under other liabilities
E.g; Scenario 2: “ Treating a Finance Lease as Debt"
