(paragraphs 51-60)

BC212 In determining the disclosures for leases, the IASB considered the following:

(a) the disclosure requirements of IAS 17;

(b) the disclosure requirements for financial liabilities in IFRS 7 Financial Instruments: Disclosures;

(c) the disclosure requirements for non-current assets such as property, plant and equipment;

(d) work on other related projects such as the Disclosure Initiative (a broad-based initiative to explore how disclosures in IFRS financial reporting can be improved); and

(e) feedback received on the disclosure proposals in the 2010 and 2013 Exposure Drafts.

BC213 The IASB received significant feedback regarding lessee disclosures. In particular: