RE: I know what you mean βArry26 Sep 2019 15:50
Gentlemen, I think you are wrong !
The leasing costa are , just that, "costs" and are treated as such in the accounts. They are not debt.
For example in the P&L they should appear as a cost that is part of the operating costs and thus comes off gross profit.
For the Balance Sheet they should be in "payables" and not debt.
Correct me if I am wrong. Otherwise we could add staff wages to debt too ! Clearly wrong too as it is also a cost !