Get Operating Lease Converter

The Operating Lease Converter is a valuable tool designed to assist users in converting operating lease commitments into a financial structure that reflects these leases as debts. This guide will walk you through each section of the form, ensuring you accurately input the necessary information to achieve a precise calculation.

Follow the steps to complete the Operating Lease Converter online.

1. Press the 'Get Form' button to access the Operating Lease Converter and open it in your preferred form editor.
2. Begin by entering the operating lease expense for the current year in the designated input field. This is typically the total lease payment you have incurred.
3. Next, input the operating lease commitments for the upcoming years based on the footnotes provided in your financial statements. Fill in the amounts for each year from Year 1 to Year 6 and beyond, ensuring accuracy in your entries.
4. Proceed to indicate the pre-tax cost of debt in the respective field. This figure is critical for calculating the present value of future lease commitments.
5. Input the reported operating income (EBIT) and the figures for reported debt and reported interest expenses in the appropriate sections. These values will assist in adjusting the operating income accurately.
6. Review the output section where the form calculates the debt value of leases and adjusted operating income based on your inputs. Ensure all data is correct before moving to the final steps.
7. At this final stage, you can choose to save your changes, download, print, or share the completed Operating Lease Converter as per your needs.

Complete and submit your documents online for efficient digital management.