IFRS 16 Lease – implementation and lease incentive accounting

Hi members,

I have a question regarding the implementation of IFRS 16. I am not english and hop you will understand my question

In 2018 we entered into a lease for a property. The problem is we will recognise it modified retrospectivly in 2019. We don’t now what the implementation journals should be as there was a lease incentive 2018 which lowered the right of use assets.

The PV of the property was 4.5 million and there was a lease incentive of 400K. So we should have booked if IFRS 16 was enforced in 2018.

Initial recognition 2018
Right of use asset 4.583.813
at lease liability 4.583.813
+
Cash 400.000
Right of use asset 400.000

Depreciation rights of use assets 2018
4.183.813 – 418.381 = 3.765.432

Journal entry
Depreciation costs 418.381
@ right of use assets 418.381

Detoriation lease liability 2018
4.583.813 – 418.624 = 4.165.189

lease liability 418.624
Interest costs 91.676
aan bank 510.300

Now implementation of the standard in 2019??????
Right of use assets 3.765.432
Lease liability 4.165.189
????? 399.758

Can somebody please help me with this issue?

Kr,

Freddy