EUR-CAR Active

Company cars (5 units) | LeasePlan Europe | Konark Europe GmbH (EUR)

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Initial lease liability170,762.62

Initial ROU asset175,962.62

Liability today15,544.35current 15,544.35 / non-current 0.00

ROU asset today14,663.56

Undiscounted payments187,200.00

Terms

Commencement: 01 Jan 2024
Term: 36 months (modelled 36) to 31 Dec 2026
Payment: 5,200.00 monthly, in advance
Escalation: None
Rent-free: 0 months
Discount rate: 4.300%
Initial direct costs / incentives: 0.00 / 0.00
Prepaid / restoration: 0.00 / 0.00
Exemption: None (on balance sheet)
Options: None

Amortisation schedule

#	Period	Rate	Liability opening	Interest	Payment	Liability closing	ROU opening	Depreciation	ROU closing
1	Jan 2024	4.300%	170,762.62	611.90	0.00	171,374.52	175,962.62	4,887.85	171,074.77
2	Feb 2024	4.300%	171,374.52	595.46	5,200.00	166,769.98	171,074.77	4,887.85	166,186.92
3	Mar 2024	4.300%	166,769.98	578.96	5,200.00	162,148.94	166,186.92	4,887.85	161,299.07
4	Apr 2024	4.300%	162,148.94	562.40	5,200.00	157,511.34	161,299.07	4,887.85	156,411.22
5	May 2024	4.300%	157,511.34	545.78	5,200.00	152,857.12	156,411.22	4,887.85	151,523.37
6	Jun 2024	4.300%	152,857.12	529.10	5,200.00	148,186.22	151,523.37	4,887.85	146,635.52
7	Jul 2024	4.300%	148,186.22	512.37	5,200.00	143,498.59	146,635.52	4,887.85	141,747.67
8	Aug 2024	4.300%	143,498.59	495.57	5,200.00	138,794.16	141,747.67	4,887.85	136,859.82
9	Sep 2024	4.300%	138,794.16	478.71	5,200.00	134,072.87	136,859.82	4,887.85	131,971.97
10	Oct 2024	4.300%	134,072.87	461.79	5,200.00	129,334.66	131,971.97	4,887.85	127,084.12
11	Nov 2024	4.300%	129,334.66	444.82	5,200.00	124,579.48	127,084.12	4,887.85	122,196.27
12	Dec 2024	4.300%	124,579.48	427.78	5,200.00	119,807.26	122,196.27	4,887.85	117,308.42
13	Jan 2025	4.300%	119,807.26	410.68	5,200.00	115,017.94	117,308.42	4,887.85	112,420.57
14	Feb 2025	4.300%	115,017.94	393.51	5,200.00	110,211.45	112,420.57	4,887.85	107,532.72
15	Mar 2025	4.300%	110,211.45	376.29	5,200.00	105,387.74	107,532.72	4,887.85	102,644.87
16	Apr 2025	4.300%	105,387.74	359.01	5,200.00	100,546.75	102,644.87	4,887.85	97,757.02
17	May 2025	4.300%	100,546.75	341.66	5,200.00	95,688.41	97,757.02	4,887.85	92,869.17
18	Jun 2025	4.300%	95,688.41	324.25	5,200.00	90,812.66	92,869.17	4,887.85	87,981.32
19	Jul 2025	4.300%	90,812.66	306.78	5,200.00	85,919.44	87,981.32	4,887.85	83,093.47
20	Aug 2025	4.300%	85,919.44	289.24	5,200.00	81,008.68	83,093.47	4,887.85	78,205.62
21	Sep 2025	4.300%	81,008.68	271.65	5,200.00	76,080.33	78,205.62	4,887.85	73,317.77
22	Oct 2025	4.300%	76,080.33	253.99	5,200.00	71,134.32	73,317.77	4,887.85	68,429.92
23	Nov 2025	4.300%	71,134.32	236.26	5,200.00	66,170.58	68,429.92	4,887.85	63,542.07
24	Dec 2025	4.300%	66,170.58	218.48	5,200.00	61,189.06	63,542.07	4,887.85	58,654.22
25	Jan 2026	4.300%	61,189.06	200.63	5,200.00	56,189.69	58,654.22	4,887.85	53,766.37
26	Feb 2026	4.300%	56,189.69	182.71	5,200.00	51,172.40	53,766.37	4,887.85	48,878.52
27	Mar 2026	4.300%	51,172.40	164.73	5,200.00	46,137.13	48,878.52	4,887.85	43,990.67
28	Apr 2026	4.300%	46,137.13	146.69	5,200.00	41,083.82	43,990.67	4,887.85	39,102.82
29	May 2026	4.300%	41,083.82	128.58	5,200.00	36,012.40	39,102.82	4,887.85	34,214.97
30	Jun 2026	4.300%	36,012.40	110.41	5,200.00	30,922.81	34,214.97	4,887.85	29,327.12
31	Jul 2026	4.300%	30,922.81	92.17	5,200.00	25,814.98	29,327.12	4,887.85	24,439.27
32	Aug 2026	4.300%	25,814.98	73.87	5,200.00	20,688.85	24,439.27	4,887.85	19,551.42
33	Sep 2026	4.300%	20,688.85	55.50	5,200.00	15,544.35	19,551.42	4,887.86	14,663.56
34	Oct 2026	4.300%	15,544.35	37.07	5,200.00	10,381.42	14,663.56	4,887.85	9,775.71
35	Nov 2026	4.300%	10,381.42	18.57	5,200.00	5,199.99	9,775.71	4,887.86	4,887.85
36	Dec 2026	4.300%	5,199.99	0.01	5,200.00	0.00	4,887.85	4,887.85	0.00

Journal entries

Date	Entry	Account	Debit	Credit	Status
01 Jan 2024	Initial recognition	Right-of-use asset	175,962.62		Posted
		Lease liability		170,762.62
		Cash / bank		5,200.00
31 Jan 2024	Interest, month 1	Interest expense - leases	611.90		Posted
		Lease liability		611.90
31 Jan 2024	Depreciation, month 1	Depreciation expense - ROU	4,887.85		Posted
		Accumulated depreciation - ROU		4,887.85
29 Feb 2024	Interest, month 2	Interest expense - leases	595.46		Posted
		Lease liability		595.46
29 Feb 2024	Lease payment, month 2	Lease liability	5,200.00		Posted
		Cash / bank		5,200.00
29 Feb 2024	Depreciation, month 2	Depreciation expense - ROU	4,887.85		Posted
		Accumulated depreciation - ROU		4,887.85
31 Mar 2024	Interest, month 3	Interest expense - leases	578.96		Posted
		Lease liability		578.96
31 Mar 2024	Lease payment, month 3	Lease liability	5,200.00		Posted
		Cash / bank		5,200.00
31 Mar 2024	Depreciation, month 3	Depreciation expense - ROU	4,887.85		Posted
		Accumulated depreciation - ROU		4,887.85
30 Apr 2024	Interest, month 4	Interest expense - leases	562.40		Posted
		Lease liability		562.40
30 Apr 2024	Lease payment, month 4	Lease liability	5,200.00		Posted
		Cash / bank		5,200.00
30 Apr 2024	Depreciation, month 4	Depreciation expense - ROU	4,887.85		Posted
		Accumulated depreciation - ROU		4,887.85
31 May 2024	Interest, month 5	Interest expense - leases	545.78		Posted
		Lease liability		545.78
31 May 2024	Lease payment, month 5	Lease liability	5,200.00		Posted
		Cash / bank		5,200.00
31 May 2024	Depreciation, month 5	Depreciation expense - ROU	4,887.85		Posted
		Accumulated depreciation - ROU		4,887.85
30 Jun 2024	Interest, month 6	Interest expense - leases	529.10		Posted
		Lease liability		529.10
30 Jun 2024	Lease payment, month 6	Lease liability	5,200.00		Posted
		Cash / bank		5,200.00
30 Jun 2024	Depreciation, month 6	Depreciation expense - ROU	4,887.85		Posted
		Accumulated depreciation - ROU		4,887.85
31 Jul 2024	Interest, month 7	Interest expense - leases	512.37		Posted
		Lease liability		512.37
31 Jul 2024	Lease payment, month 7	Lease liability	5,200.00		Posted
		Cash / bank		5,200.00
31 Jul 2024	Depreciation, month 7	Depreciation expense - ROU	4,887.85		Posted
		Accumulated depreciation - ROU		4,887.85
31 Aug 2024	Interest, month 8	Interest expense - leases	495.57		Posted
		Lease liability		495.57
31 Aug 2024	Lease payment, month 8	Lease liability	5,200.00		Posted
		Cash / bank		5,200.00
31 Aug 2024	Depreciation, month 8	Depreciation expense - ROU	4,887.85		Posted
		Accumulated depreciation - ROU		4,887.85
30 Sep 2024	Interest, month 9	Interest expense - leases	478.71		Posted
		Lease liability		478.71
30 Sep 2024	Lease payment, month 9	Lease liability	5,200.00		Posted
		Cash / bank		5,200.00
30 Sep 2024	Depreciation, month 9	Depreciation expense - ROU	4,887.85		Posted
		Accumulated depreciation - ROU		4,887.85
31 Oct 2024	Interest, month 10	Interest expense - leases	461.79		Posted
		Lease liability		461.79
31 Oct 2024	Lease payment, month 10	Lease liability	5,200.00		Posted
		Cash / bank		5,200.00
31 Oct 2024	Depreciation, month 10	Depreciation expense - ROU	4,887.85		Posted
		Accumulated depreciation - ROU		4,887.85
30 Nov 2024	Interest, month 11	Interest expense - leases	444.82		Posted
		Lease liability		444.82
30 Nov 2024	Lease payment, month 11	Lease liability	5,200.00		Posted
		Cash / bank		5,200.00
30 Nov 2024	Depreciation, month 11	Depreciation expense - ROU	4,887.85		Posted
		Accumulated depreciation - ROU		4,887.85
31 Dec 2024	Interest, month 12	Interest expense - leases	427.78		Posted
		Lease liability		427.78
31 Dec 2024	Lease payment, month 12	Lease liability	5,200.00		Posted
		Cash / bank		5,200.00
31 Dec 2024	Depreciation, month 12	Depreciation expense - ROU	4,887.85		Posted
		Accumulated depreciation - ROU		4,887.85
31 Jan 2025	Interest, month 13	Interest expense - leases	410.68		Posted
		Lease liability		410.68
31 Jan 2025	Lease payment, month 13	Lease liability	5,200.00		Posted
		Cash / bank		5,200.00
31 Jan 2025	Depreciation, month 13	Depreciation expense - ROU	4,887.85		Posted
		Accumulated depreciation - ROU		4,887.85
28 Feb 2025	Interest, month 14	Interest expense - leases	393.51		Posted
		Lease liability		393.51
28 Feb 2025	Lease payment, month 14	Lease liability	5,200.00		Posted
		Cash / bank		5,200.00
28 Feb 2025	Depreciation, month 14	Depreciation expense - ROU	4,887.85		Posted
		Accumulated depreciation - ROU		4,887.85
31 Mar 2025	Interest, month 15	Interest expense - leases	376.29		Posted
		Lease liability		376.29
31 Mar 2025	Lease payment, month 15	Lease liability	5,200.00		Posted
		Cash / bank		5,200.00
31 Mar 2025	Depreciation, month 15	Depreciation expense - ROU	4,887.85		Posted
		Accumulated depreciation - ROU		4,887.85
30 Apr 2025	Interest, month 16	Interest expense - leases	359.01		Posted
		Lease liability		359.01
30 Apr 2025	Lease payment, month 16	Lease liability	5,200.00		Posted
		Cash / bank		5,200.00
30 Apr 2025	Depreciation, month 16	Depreciation expense - ROU	4,887.85		Posted
		Accumulated depreciation - ROU		4,887.85
31 May 2025	Interest, month 17	Interest expense - leases	341.66		Posted
		Lease liability		341.66
31 May 2025	Lease payment, month 17	Lease liability	5,200.00		Posted
		Cash / bank		5,200.00
31 May 2025	Depreciation, month 17	Depreciation expense - ROU	4,887.85		Posted
		Accumulated depreciation - ROU		4,887.85
30 Jun 2025	Interest, month 18	Interest expense - leases	324.25		Posted
		Lease liability		324.25
30 Jun 2025	Lease payment, month 18	Lease liability	5,200.00		Posted
		Cash / bank		5,200.00
30 Jun 2025	Depreciation, month 18	Depreciation expense - ROU	4,887.85		Posted
		Accumulated depreciation - ROU		4,887.85
31 Jul 2025	Interest, month 19	Interest expense - leases	306.78		Posted
		Lease liability		306.78
31 Jul 2025	Lease payment, month 19	Lease liability	5,200.00		Posted
		Cash / bank		5,200.00
31 Jul 2025	Depreciation, month 19	Depreciation expense - ROU	4,887.85		Posted
		Accumulated depreciation - ROU		4,887.85
31 Aug 2025	Interest, month 20	Interest expense - leases	289.24		Posted
		Lease liability		289.24
31 Aug 2025	Lease payment, month 20	Lease liability	5,200.00		Posted
		Cash / bank		5,200.00
31 Aug 2025	Depreciation, month 20	Depreciation expense - ROU	4,887.85		Posted
		Accumulated depreciation - ROU		4,887.85