Supplemental Cash Flow Information

Purpose 

This report is used to review a summary of cash flow information by lease types to support your supplemental cash flow information disclosures required for your lease financial statement footnotes.

Quantitative Disclosure Guidance

Below is the lease quantitative disclosure guidance

ASC 842-20-50-4 For each period presented in the financial statements, a lessee shall disclose the following amounts relating to a lessee’s total lease cost, which includes both amounts recognized in profit or loss during the period and any amounts capitalized as part of the cost of another asset in accordance with other Topics, and the cash flows arising from lease transactions:

 a. Finance lease cost, segregated between the amortization of the right-of-use assets and interest on the lease liabilities. 

b. Operating lease cost determined in accordance with paragraphs 842-20-25-6(a) and 842-20-25-7. 

c. Short-term lease cost, excluding expenses relating to leases with a lease term of one month or less, determined in accordance with paragraph 842-20-25-2. 

d. Variable lease cost determined in accordance with paragraphs 842-20-25-5(b) and 842-20-25- 6(b). 

e. Sublease income, disclosed on a gross basis, separate from the finance or operating lease expense. 

f. Net gain or loss recognized from sale and leaseback transactions in accordance with paragraph 842-40-25-4. 

g. Amounts segregated between those for finance and operating leases for the following items:

1. Cash paid for amounts included in the measurement of lease liabilities, segregated between operating and financing cash flows 
2. Supplemental noncash information on lease liabilities arising from obtaining right-of-use assets 
3. Weighted-average remaining lease term Presentation and disclosure 9-9 
4. Weighted-average discount rate.

Below is an example of a Supplemental Cash Flow disclosure in Financial Statements. The report within NetLease is meant to satisfy the disclosure. 

How To

Navigation:

NetLease > Reports > Disclosure Reports > Supplemental Cash Flow Information

Filtering:

The report search can be narrowed down by adjusting the filters for customized segments assigned to the company. The date range is set for any period using the start and end date fields. Once desired filters are set, click Generate Report and the file is exported to Excel.

Results

Upon running the report the user will see granular amounts for changes in cash for all relevant lease accounts. The lease rows can be ungrouped within Excel to view the associated costs that make up the amounts for each category.