Glossary:Expenses of long term rental and operational leasing - EBS
The expenses of long-term rental include all expenses recognised by the statistical unit during the reference period, relating to the renting of non-current assets. Included in this variable are the payments under an operating leases contract related to non-current assets.
For this variable a lease is classified as an operating lease if it does not transfer substantially all the risks and rewards incidental to ownership of an underlying asset.
Further information