IFRS 16 Leases Implications for SAP s 2019 Financials

Ifrs 16 Leases Implications For Sap S 2019 Financials-Free PDF

  • Date:20 Nov 2020
  • Views:9
  • Downloads:0
  • Pages:8
  • Size:1.65 MB

Share Pdf : Ifrs 16 Leases Implications For Sap S 2019 Financials

Download and Preview : Ifrs 16 Leases Implications For Sap S 2019 Financials


Report CopyRight/DMCA Form For : Ifrs 16 Leases Implications For Sap S 2019 Financials


Transcription:

Safe Harbor Statement, Any statements contained in this document that are not historical facts are forward looking. statements as defined in the U S Private Securities Litigation Reform Act of 1995 Words such as. anticipate believe estimate expect forecast intend may plan project predict. should and will and similar expressions as they relate to SAP are intended to identify such. forward looking statements SAP undertakes no obligation to publicly update or revise any forward. looking statements All forward looking statements are subject to various risks and uncertainties. that could cause actual results to differ materially from expectations The factors that could affect. SAP s future financial results are discussed more fully in SAP s filings with the U S Securities and. Exchange Commission SEC including SAP s most recent Annual Report on Form 20 F filed with. the SEC Readers are cautioned not to place undue reliance on these forward looking statements. which speak only as of their dates, 2019 SAP SE or an SAP affiliate company All rights reserved PUBLIC 2. How SAP transitions to IFRS 16,What s Different under IFRS 16. Major Differences to Previous Accounting,Estimated Impact on SAP. 2019 SAP SE or an SAP affiliate company All rights reserved PUBLIC 3. How SAP transitions to IFRS 16, Transition Approach Determines Comparability Transition Approach.
Modified Retrospective Approach, Financial Statements 2018 Financial Statements 2019. Statements Statements,2018 2017 2019 2018, Different transition approaches available Profits Old Old Profits New Old. Assets Old Old Assets New Old,Liabilities Old Old Liabilities New Old. Cash Flows Old Old Cash Flows New Old,SAP transitions to IFRS 16 Old Old New Old. using the Modified Retrospective Approach Notes,2018 2017 2019 2018.
Disclosures Old Old Disclosures New Old,Expected Impact of IFRS 16. Impact of IFRS 16, To be considered when comparing We expect the following. Explanation of January 1,differences between lease. impact in 2019,2019 financials commitments under old. policies and lease liabilities,with respective prior year numbers under IFRS 16.
Voluntary info in earnings,communications in 2019, Old Previous accounting providing further insight into the. New IFRS 16 accounting IFRS 16 impact, 2019 SAP SE or an SAP affiliate company All rights reserved PUBLIC 4. What s New under IFRS 16,Major Differences to Previous Accounting. Statement of Financial Position Income Statement Cash Flow Statement. Previous New IFRS 16 Previous New IFRS 16, Previous New IFRS 16 Accounting Accounting Accounting Accounting. Accounting Accounting, Operating Single Operating Depreciation Operating Single Operating Interest Portion.
Profit Lease Expense Expense Cash Flow Lease Cash Flow of Lease Cash Flow. On Balance Lease Assets,Sheet Lease Liabilities Financial. Interest Expense Investing,Income net,Effect if total expense. Off Balance Operating Profit before Financing Principal Portion of. differs from previous,Sheet Leases Tax Cash Flow Lease Cash Flow. accounting,Assets Operating Profit Operating Cash Flow. Liabilities Financial Income net Investing Cash Flow. Debt Equity Ratio Profit before Tax Financing Cash Flow. EPS Total Cash Flow, 2019 SAP SE or an SAP affiliate company All rights reserved PUBLIC 5.
What s New under IFRS 16,Estimated Impact on SAP, Statement of Financial Position Income Statement Cash Flow Statement. Previous New IFRS 16 Previous New IFRS 16, Previous New IFRS 16 Accounting Accounting Accounting Accounting. Accounting Accounting, Operating Single Operating Depreciation Operating Single Operating Interest Portion. Profit Lease Expense Expense Cash Flow Lease Cash Flow of Lease Cash Flow. On Balance Lease Assets,Sheet Lease Liabilities Financial. Interest Expense Investing,Income net,Effect if total expense.
Off Balance Operating Profit before Financing Principal Portion of. differs from previous,Sheet Leases Tax Cash Flow Lease Cash Flow. accounting,Estimate Estimate Estimate, Assets 1 7 to 1 9 bill Operating Profit 0 1 bill Operating Cash Flow 0 3 to 0 4 bill. Liabilities 1 8 to 2 0 bill Financial Income net 0 1 bill Investing Cash Flow no impact. Equity 0 1 bill Profit before Tax Inconsequential Financing Cash Flow 0 3 to 0 4 bill. EPS Inconsequential Total Cash Flow no impact, 2019 SAP SE or an SAP affiliate company All rights reserved PUBLIC 6. Estimate of Impact on 2019 Opening Balance Sheet Estimate of FY 2019 impact assuming leasing volumes unchanged YoY stands for significantly below. What s New under IFRS 16,Estimated Impact on SAP cont. Under IFRS 16 the principal Starting Q1 2019 SAP will. SAP regularly reports a, portion of lease cash flows are use a modified Free Cash.
Free Cash Flow measure,neither included in Operating Flow definition. currently defined as,Cash Flow nor Investing Cash,Flow SAP s Free Cash. Flow will not be,Operating Cash Flow,Cash Flow from purchases. Operating Cash Flow,Cash Flow from purchases of impacted by. of intangibles and PPE Free Cash Flow as currently intangibles and PPE IFRS 16. defined would increase,Free Cash Flow Principal portion of lease.
cash flows,Free Cash Flow,Sub item of Investing Cash Flow. 2019 SAP SE or an SAP affiliate company All rights reserved PUBLIC 7. Prof Dr Christoph H tten Chief Accounting Officer SAP IFRS 16 Leases Implications for SAP s 2019 Financials

Related Books