Author Topic: IFRS 16  (Read 860 times)

whistlerbumps

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IFRS 16
« on: July 18, 2019, 01:34:56 PM »
How are people dealing with IFRS 16 with regards to their EV calculations?


Foreign Tuffett

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Re: IFRS 16
« Reply #1 on: July 18, 2019, 01:48:01 PM »
I continue to use a ouija board to calculate EV.

All jokes aside, the economic reality hasn't changed, right? So I continue to calculate EV the same way.
Former Teldar Paper Vice President

whistlerbumps

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Re: IFRS 16
« Reply #2 on: July 19, 2019, 09:57:18 AM »
I hear you on not changing economic reality but it will change reported numbers.  Since rent will become D&A and interest for operating leases, EBITDA (and to a lesser extent EBIT) will be inflated by IFRS 16.  Thus you will either need to adjust down those numbers or include the liabilities in your calculation to keep it apples-apples