Where the accounts of a connected person or consolidated
group accounts are (or would be) drawn up for a different period
from those of the lessor FA97/Sch12/Para24 makes provision for a
process of time apportionment, if necessary, to reach comparable
figures. Such an exercise will not be necessary if in a particular
case some more accurate method is available.
In practice, there is unusually no need to substitute figures
from consolidated or connected person accounts. The need is most
likely to arise in a case where the lessor's own accounts correctly
show the lease as an operating lease but where it is reclassified
as a finance lease from the wider perspective of the group.
