HSR-WH Active
Hosur spares warehouse | Southern Storage Co | Konark Retail Pvt Ltd (INR)
Initial lease liability22,503,477.86
Initial ROU asset22,503,477.86
Liability today4,497,138.56current 4,497,138.56 / non-current 0.00
ROU asset today3,899,288.12
Undiscounted payments27,646,080.00
Terms
- Commencement
- 01 Jun 2023
- Term
- 48 months (modelled 48) to 31 May 2027
- Payment
- 560,000.00 monthly, in arrears
- Escalation
- CPI indexed
- Rent-free
- 0 months
- Discount rate
- 9.00% (current 9.00%)
- Initial direct costs / incentives
- 0.00 / 0.00
- Prepaid / restoration
- 0.00 / 0.00
- Exemption
- None (on balance sheet)
- Options
- None
Event timeline
| Effective | Event | Detail | Liability before | Liability after | ROU before | ROU after | Gain / (loss) |
|---|---|---|---|---|---|---|---|
| 01 Jun 2024 | CPI / index change | index ratio 1.038 at original rate 9.000% Annual CPI reset |
17,610,210.94 | 18,279,398.96 | 16,877,608.38 | 17,546,796.40 | 0.00 |
Amortisation schedule
| # | Period | Rate | Liability opening | Remeasure | Interest | Payment | Liability closing | ROU opening | Remeasure | Depreciation | ROU closing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Jun 2023 | 9.00% | 22,503,477.86 | 0.00 | 168,776.08 | 560,000.00 | 22,112,253.94 | 22,503,477.86 | 0.00 | 468,822.46 | 22,034,655.40 |
| 2 | Jul 2023 | 9.00% | 22,112,253.94 | 0.00 | 165,841.90 | 560,000.00 | 21,718,095.84 | 22,034,655.40 | 0.00 | 468,822.46 | 21,565,832.94 |
| 3 | Aug 2023 | 9.00% | 21,718,095.84 | 0.00 | 162,885.72 | 560,000.00 | 21,320,981.56 | 21,565,832.94 | 0.00 | 468,822.46 | 21,097,010.48 |
| 4 | Sep 2023 | 9.00% | 21,320,981.56 | 0.00 | 159,907.36 | 560,000.00 | 20,920,888.92 | 21,097,010.48 | 0.00 | 468,822.46 | 20,628,188.02 |
| 5 | Oct 2023 | 9.00% | 20,920,888.92 | 0.00 | 156,906.67 | 560,000.00 | 20,517,795.59 | 20,628,188.02 | 0.00 | 468,822.46 | 20,159,365.56 |
| 6 | Nov 2023 | 9.00% | 20,517,795.59 | 0.00 | 153,883.47 | 560,000.00 | 20,111,679.06 | 20,159,365.56 | 0.00 | 468,822.45 | 19,690,543.11 |
| 7 | Dec 2023 | 9.00% | 20,111,679.06 | 0.00 | 150,837.59 | 560,000.00 | 19,702,516.65 | 19,690,543.11 | 0.00 | 468,822.46 | 19,221,720.65 |
| 8 | Jan 2024 | 9.00% | 19,702,516.65 | 0.00 | 147,768.87 | 560,000.00 | 19,290,285.52 | 19,221,720.65 | 0.00 | 468,822.45 | 18,752,898.20 |
| 9 | Feb 2024 | 9.00% | 19,290,285.52 | 0.00 | 144,677.14 | 560,000.00 | 18,874,962.66 | 18,752,898.20 | 0.00 | 468,822.46 | 18,284,075.74 |
| 10 | Mar 2024 | 9.00% | 18,874,962.66 | 0.00 | 141,562.22 | 560,000.00 | 18,456,524.88 | 18,284,075.74 | 0.00 | 468,822.45 | 17,815,253.29 |
| 11 | Apr 2024 | 9.00% | 18,456,524.88 | 0.00 | 138,423.94 | 560,000.00 | 18,034,948.82 | 17,815,253.29 | 0.00 | 468,822.46 | 17,346,430.83 |
| 12 | May 2024 | 9.00% | 18,034,948.82 | 0.00 | 135,262.12 | 560,000.00 | 17,610,210.94 | 17,346,430.83 | 0.00 | 468,822.45 | 16,877,608.38 |
| 13 | Jun 2024 | 9.00% | 17,610,210.94 | 669,188.02 | 137,095.49 | 581,280.00 | 17,835,214.45 | 16,877,608.38 | 669,188.02 | 487,411.01 | 17,059,385.39 |
| 14 | Jul 2024 | 9.00% | 17,835,214.45 | 0.00 | 133,764.11 | 581,280.00 | 17,387,698.56 | 17,059,385.39 | 0.00 | 487,411.01 | 16,571,974.38 |
| 15 | Aug 2024 | 9.00% | 17,387,698.56 | 0.00 | 130,407.74 | 581,280.00 | 16,936,826.30 | 16,571,974.38 | 0.00 | 487,411.01 | 16,084,563.37 |
| 16 | Sep 2024 | 9.00% | 16,936,826.30 | 0.00 | 127,026.20 | 581,280.00 | 16,482,572.50 | 16,084,563.37 | 0.00 | 487,411.01 | 15,597,152.36 |
| 17 | Oct 2024 | 9.00% | 16,482,572.50 | 0.00 | 123,619.29 | 581,280.00 | 16,024,911.79 | 15,597,152.36 | 0.00 | 487,411.01 | 15,109,741.35 |
| 18 | Nov 2024 | 9.00% | 16,024,911.79 | 0.00 | 120,186.84 | 581,280.00 | 15,563,818.63 | 15,109,741.35 | 0.00 | 487,411.01 | 14,622,330.34 |
| 19 | Dec 2024 | 9.00% | 15,563,818.63 | 0.00 | 116,728.64 | 581,280.00 | 15,099,267.27 | 14,622,330.34 | 0.00 | 487,411.01 | 14,134,919.33 |
| 20 | Jan 2025 | 9.00% | 15,099,267.27 | 0.00 | 113,244.50 | 581,280.00 | 14,631,231.77 | 14,134,919.33 | 0.00 | 487,411.01 | 13,647,508.32 |
| 21 | Feb 2025 | 9.00% | 14,631,231.77 | 0.00 | 109,734.24 | 581,280.00 | 14,159,686.01 | 13,647,508.32 | 0.00 | 487,411.01 | 13,160,097.31 |
| 22 | Mar 2025 | 9.00% | 14,159,686.01 | 0.00 | 106,197.65 | 581,280.00 | 13,684,603.66 | 13,160,097.31 | 0.00 | 487,411.01 | 12,672,686.30 |
| 23 | Apr 2025 | 9.00% | 13,684,603.66 | 0.00 | 102,634.53 | 581,280.00 | 13,205,958.19 | 12,672,686.30 | 0.00 | 487,411.01 | 12,185,275.29 |
| 24 | May 2025 | 9.00% | 13,205,958.19 | 0.00 | 99,044.69 | 581,280.00 | 12,723,722.88 | 12,185,275.29 | 0.00 | 487,411.01 | 11,697,864.28 |
| 25 | Jun 2025 | 9.00% | 12,723,722.88 | 0.00 | 95,427.92 | 581,280.00 | 12,237,870.80 | 11,697,864.28 | 0.00 | 487,411.01 | 11,210,453.27 |
| 26 | Jul 2025 | 9.00% | 12,237,870.80 | 0.00 | 91,784.03 | 581,280.00 | 11,748,374.83 | 11,210,453.27 | 0.00 | 487,411.01 | 10,723,042.26 |
| 27 | Aug 2025 | 9.00% | 11,748,374.83 | 0.00 | 88,112.81 | 581,280.00 | 11,255,207.64 | 10,723,042.26 | 0.00 | 487,411.01 | 10,235,631.25 |
| 28 | Sep 2025 | 9.00% | 11,255,207.64 | 0.00 | 84,414.06 | 581,280.00 | 10,758,341.70 | 10,235,631.25 | 0.00 | 487,411.01 | 9,748,220.24 |
| 29 | Oct 2025 | 9.00% | 10,758,341.70 | 0.00 | 80,687.56 | 581,280.00 | 10,257,749.26 | 9,748,220.24 | 0.00 | 487,411.01 | 9,260,809.23 |
| 30 | Nov 2025 | 9.00% | 10,257,749.26 | 0.00 | 76,933.12 | 581,280.00 | 9,753,402.38 | 9,260,809.23 | 0.00 | 487,411.01 | 8,773,398.22 |
| 31 | Dec 2025 | 9.00% | 9,753,402.38 | 0.00 | 73,150.52 | 581,280.00 | 9,245,272.90 | 8,773,398.22 | 0.00 | 487,411.01 | 8,285,987.21 |
| 32 | Jan 2026 | 9.00% | 9,245,272.90 | 0.00 | 69,339.55 | 581,280.00 | 8,733,332.45 | 8,285,987.21 | 0.00 | 487,411.01 | 7,798,576.20 |
| 33 | Feb 2026 | 9.00% | 8,733,332.45 | 0.00 | 65,499.99 | 581,280.00 | 8,217,552.44 | 7,798,576.20 | 0.00 | 487,411.01 | 7,311,165.19 |
| 34 | Mar 2026 | 9.00% | 8,217,552.44 | 0.00 | 61,631.64 | 581,280.00 | 7,697,904.08 | 7,311,165.19 | 0.00 | 487,411.01 | 6,823,754.18 |
| 35 | Apr 2026 | 9.00% | 7,697,904.08 | 0.00 | 57,734.28 | 581,280.00 | 7,174,358.36 | 6,823,754.18 | 0.00 | 487,411.01 | 6,336,343.17 |
| 36 | May 2026 | 9.00% | 7,174,358.36 | 0.00 | 53,807.69 | 581,280.00 | 6,646,886.05 | 6,336,343.17 | 0.00 | 487,411.01 | 5,848,932.16 |
| 37 | Jun 2026 | 9.00% | 6,646,886.05 | 0.00 | 49,851.65 | 581,280.00 | 6,115,457.70 | 5,848,932.16 | 0.00 | 487,411.01 | 5,361,521.15 |
| 38 | Jul 2026 | 9.00% | 6,115,457.70 | 0.00 | 45,865.93 | 581,280.00 | 5,580,043.63 | 5,361,521.15 | 0.00 | 487,411.01 | 4,874,110.14 |
| 39 | Aug 2026 | 9.00% | 5,580,043.63 | 0.00 | 41,850.33 | 581,280.00 | 5,040,613.96 | 4,874,110.14 | 0.00 | 487,411.01 | 4,386,699.13 |
| 40 | Sep 2026 | 9.00% | 5,040,613.96 | 0.00 | 37,804.60 | 581,280.00 | 4,497,138.56 | 4,386,699.13 | 0.00 | 487,411.01 | 3,899,288.12 |
| 41 | Oct 2026 | 9.00% | 4,497,138.56 | 0.00 | 33,728.54 | 581,280.00 | 3,949,587.10 | 3,899,288.12 | 0.00 | 487,411.02 | 3,411,877.10 |
| 42 | Nov 2026 | 9.00% | 3,949,587.10 | 0.00 | 29,621.90 | 581,280.00 | 3,397,929.00 | 3,411,877.10 | 0.00 | 487,411.01 | 2,924,466.09 |
| 43 | Dec 2026 | 9.00% | 3,397,929.00 | 0.00 | 25,484.47 | 581,280.00 | 2,842,133.47 | 2,924,466.09 | 0.00 | 487,411.02 | 2,437,055.07 |
| 44 | Jan 2027 | 9.00% | 2,842,133.47 | 0.00 | 21,316.00 | 581,280.00 | 2,282,169.47 | 2,437,055.07 | 0.00 | 487,411.01 | 1,949,644.06 |
| 45 | Feb 2027 | 9.00% | 2,282,169.47 | 0.00 | 17,116.27 | 581,280.00 | 1,718,005.74 | 1,949,644.06 | 0.00 | 487,411.02 | 1,462,233.04 |
| 46 | Mar 2027 | 9.00% | 1,718,005.74 | 0.00 | 12,885.04 | 581,280.00 | 1,149,610.78 | 1,462,233.04 | 0.00 | 487,411.01 | 974,822.03 |
| 47 | Apr 2027 | 9.00% | 1,149,610.78 | 0.00 | 8,622.08 | 581,280.00 | 576,952.86 | 974,822.03 | 0.00 | 487,411.02 | 487,411.01 |
| 48 | May 2027 | 9.00% | 576,952.86 | 0.00 | 4,327.14 | 581,280.00 | 0.00 | 487,411.01 | 0.00 | 487,411.01 | 0.00 |
Journal entries
| Date | Entry | Account | Debit | Credit | Status |
|---|---|---|---|---|---|
| 01 Jun 2023 | Initial recognition | Right-of-use asset | 22,503,477.86 | Posted | |
| Lease liability | 22,503,477.86 | ||||
| 30 Jun 2023 | Interest, month 1 | Interest expense - leases | 168,776.08 | Posted | |
| Lease liability | 168,776.08 | ||||
| 30 Jun 2023 | Lease payment, month 1 | Lease liability | 560,000.00 | Posted | |
| Cash / bank | 560,000.00 | ||||
| 30 Jun 2023 | Depreciation, month 1 | Depreciation expense - ROU | 468,822.46 | Posted | |
| Accumulated depreciation - ROU | 468,822.46 | ||||
| 31 Jul 2023 | Interest, month 2 | Interest expense - leases | 165,841.90 | Posted | |
| Lease liability | 165,841.90 | ||||
| 31 Jul 2023 | Lease payment, month 2 | Lease liability | 560,000.00 | Posted | |
| Cash / bank | 560,000.00 | ||||
| 31 Jul 2023 | Depreciation, month 2 | Depreciation expense - ROU | 468,822.46 | Posted | |
| Accumulated depreciation - ROU | 468,822.46 | ||||
| 31 Aug 2023 | Interest, month 3 | Interest expense - leases | 162,885.72 | Posted | |
| Lease liability | 162,885.72 | ||||
| 31 Aug 2023 | Lease payment, month 3 | Lease liability | 560,000.00 | Posted | |
| Cash / bank | 560,000.00 | ||||
| 31 Aug 2023 | Depreciation, month 3 | Depreciation expense - ROU | 468,822.46 | Posted | |
| Accumulated depreciation - ROU | 468,822.46 | ||||
| 30 Sep 2023 | Interest, month 4 | Interest expense - leases | 159,907.36 | Posted | |
| Lease liability | 159,907.36 | ||||
| 30 Sep 2023 | Lease payment, month 4 | Lease liability | 560,000.00 | Posted | |
| Cash / bank | 560,000.00 | ||||
| 30 Sep 2023 | Depreciation, month 4 | Depreciation expense - ROU | 468,822.46 | Posted | |
| Accumulated depreciation - ROU | 468,822.46 | ||||
| 31 Oct 2023 | Interest, month 5 | Interest expense - leases | 156,906.67 | Posted | |
| Lease liability | 156,906.67 | ||||
| 31 Oct 2023 | Lease payment, month 5 | Lease liability | 560,000.00 | Posted | |
| Cash / bank | 560,000.00 | ||||
| 31 Oct 2023 | Depreciation, month 5 | Depreciation expense - ROU | 468,822.46 | Posted | |
| Accumulated depreciation - ROU | 468,822.46 | ||||
| 30 Nov 2023 | Interest, month 6 | Interest expense - leases | 153,883.47 | Posted | |
| Lease liability | 153,883.47 | ||||
| 30 Nov 2023 | Lease payment, month 6 | Lease liability | 560,000.00 | Posted | |
| Cash / bank | 560,000.00 | ||||
| 30 Nov 2023 | Depreciation, month 6 | Depreciation expense - ROU | 468,822.45 | Posted | |
| Accumulated depreciation - ROU | 468,822.45 | ||||
| 31 Dec 2023 | Interest, month 7 | Interest expense - leases | 150,837.59 | Posted | |
| Lease liability | 150,837.59 | ||||
| 31 Dec 2023 | Lease payment, month 7 | Lease liability | 560,000.00 | Posted | |
| Cash / bank | 560,000.00 | ||||
| 31 Dec 2023 | Depreciation, month 7 | Depreciation expense - ROU | 468,822.46 | Posted | |
| Accumulated depreciation - ROU | 468,822.46 | ||||
| 31 Jan 2024 | Interest, month 8 | Interest expense - leases | 147,768.87 | Posted | |
| Lease liability | 147,768.87 | ||||
| 31 Jan 2024 | Lease payment, month 8 | Lease liability | 560,000.00 | Posted | |
| Cash / bank | 560,000.00 | ||||
| 31 Jan 2024 | Depreciation, month 8 | Depreciation expense - ROU | 468,822.45 | Posted | |
| Accumulated depreciation - ROU | 468,822.45 | ||||
| 29 Feb 2024 | Interest, month 9 | Interest expense - leases | 144,677.14 | Posted | |
| Lease liability | 144,677.14 | ||||
| 29 Feb 2024 | Lease payment, month 9 | Lease liability | 560,000.00 | Posted | |
| Cash / bank | 560,000.00 | ||||
| 29 Feb 2024 | Depreciation, month 9 | Depreciation expense - ROU | 468,822.46 | Posted | |
| Accumulated depreciation - ROU | 468,822.46 | ||||
| 31 Mar 2024 | Interest, month 10 | Interest expense - leases | 141,562.22 | Posted | |
| Lease liability | 141,562.22 | ||||
| 31 Mar 2024 | Lease payment, month 10 | Lease liability | 560,000.00 | Posted | |
| Cash / bank | 560,000.00 | ||||
| 31 Mar 2024 | Depreciation, month 10 | Depreciation expense - ROU | 468,822.45 | Posted | |
| Accumulated depreciation - ROU | 468,822.45 | ||||
| 30 Apr 2024 | Interest, month 11 | Interest expense - leases | 138,423.94 | Posted | |
| Lease liability | 138,423.94 | ||||
| 30 Apr 2024 | Lease payment, month 11 | Lease liability | 560,000.00 | Posted | |
| Cash / bank | 560,000.00 | ||||
| 30 Apr 2024 | Depreciation, month 11 | Depreciation expense - ROU | 468,822.46 | Posted | |
| Accumulated depreciation - ROU | 468,822.46 | ||||
| 31 May 2024 | Interest, month 12 | Interest expense - leases | 135,262.12 | Posted | |
| Lease liability | 135,262.12 | ||||
| 31 May 2024 | Lease payment, month 12 | Lease liability | 560,000.00 | Posted | |
| Cash / bank | 560,000.00 | ||||
| 31 May 2024 | Depreciation, month 12 | Depreciation expense - ROU | 468,822.45 | Posted | |
| Accumulated depreciation - ROU | 468,822.45 | ||||
| 01 Jun 2024 | Cpi change | Right-of-use asset | 669,188.02 | Posted | |
| Lease liability | 669,188.02 | ||||
| 30 Jun 2024 | Interest, month 13 | Interest expense - leases | 137,095.49 | Posted | |
| Lease liability | 137,095.49 | ||||
| 30 Jun 2024 | Lease payment, month 13 | Lease liability | 581,280.00 | Posted | |
| Cash / bank | 581,280.00 | ||||
| 30 Jun 2024 | Depreciation, month 13 | Depreciation expense - ROU | 487,411.01 | Posted | |
| Accumulated depreciation - ROU | 487,411.01 | ||||
| 31 Jul 2024 | Interest, month 14 | Interest expense - leases | 133,764.11 | Posted | |
| Lease liability | 133,764.11 | ||||
| 31 Jul 2024 | Lease payment, month 14 | Lease liability | 581,280.00 | Posted | |
| Cash / bank | 581,280.00 | ||||
| 31 Jul 2024 | Depreciation, month 14 | Depreciation expense - ROU | 487,411.01 | Posted | |
| Accumulated depreciation - ROU | 487,411.01 | ||||
| 31 Aug 2024 | Interest, month 15 | Interest expense - leases | 130,407.74 | Posted | |
| Lease liability | 130,407.74 | ||||
| 31 Aug 2024 | Lease payment, month 15 | Lease liability | 581,280.00 | Posted | |
| Cash / bank | 581,280.00 | ||||
| 31 Aug 2024 | Depreciation, month 15 | Depreciation expense - ROU | 487,411.01 | Posted | |
| Accumulated depreciation - ROU | 487,411.01 | ||||
| 30 Sep 2024 | Interest, month 16 | Interest expense - leases | 127,026.20 | Posted | |
| Lease liability | 127,026.20 | ||||
| 30 Sep 2024 | Lease payment, month 16 | Lease liability | 581,280.00 | Posted | |
| Cash / bank | 581,280.00 | ||||
| 30 Sep 2024 | Depreciation, month 16 | Depreciation expense - ROU | 487,411.01 | Posted | |
| Accumulated depreciation - ROU | 487,411.01 | ||||
| 31 Oct 2024 | Interest, month 17 | Interest expense - leases | 123,619.29 | Posted | |
| Lease liability | 123,619.29 | ||||
| 31 Oct 2024 | Lease payment, month 17 | Lease liability | 581,280.00 | Posted | |
| Cash / bank | 581,280.00 | ||||
| 31 Oct 2024 | Depreciation, month 17 | Depreciation expense - ROU | 487,411.01 | Posted | |
| Accumulated depreciation - ROU | 487,411.01 | ||||
| 30 Nov 2024 | Interest, month 18 | Interest expense - leases | 120,186.84 | Posted | |
| Lease liability | 120,186.84 | ||||
| 30 Nov 2024 | Lease payment, month 18 | Lease liability | 581,280.00 | Posted | |
| Cash / bank | 581,280.00 | ||||
| 30 Nov 2024 | Depreciation, month 18 | Depreciation expense - ROU | 487,411.01 | Posted | |
| Accumulated depreciation - ROU | 487,411.01 | ||||
| 31 Dec 2024 | Interest, month 19 | Interest expense - leases | 116,728.64 | Posted | |
| Lease liability | 116,728.64 | ||||
| 31 Dec 2024 | Lease payment, month 19 | Lease liability | 581,280.00 | Posted | |
| Cash / bank | 581,280.00 | ||||
| 31 Dec 2024 | Depreciation, month 19 | Depreciation expense - ROU | 487,411.01 | Posted | |
| Accumulated depreciation - ROU | 487,411.01 | ||||
| 31 Jan 2025 | Interest, month 20 | Interest expense - leases | 113,244.50 | Posted | |
| Lease liability | 113,244.50 |
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