The explicit statement of the operating lease liability on the balance sheet is bound to end up with winners and losers. (betterstockideas.com)
Wesfarmers has one of the largest off - balance sheet lease liabilities in Australia (about $ 15 billion) due to its 3500 Coles supermarkets, Bunnings, Officeworks, Target and Kmart stores. (afr.com)
Credit Suisse analyst Grant Saligari questioned whether there was room for three discount department stores and said it could cost Woolworths $ 1 billion to close BIG W, given large lease liabilities, testing the strength of its balance sheet. (afr.com)