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    2 days ago · The major contributor to the increase in Net debt in 2019 to a level over the 16 billion target cap was the adoption of the new lease accounting standard on 1 January 2019 which resulted in approximately 1.3 billion of lease liabilities being recognised as at 31 December 2019 which previously would have been accounted for as operating leases.

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  • 2019 Annual Report of Glencore plc

    2 days ago · The major contributor to the increase in Net debt in 2019 to a level over the 16 billion target cap was the adoption of the new lease accounting standard on 1 January 2019 which resulted in approximately 1.3 billion of lease liabilities being recognised as at 31 December 2019 which previously would have been accounted for as operating leases.

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