Reconciliation of minimum lease payments and present value

Hi mike On page 88, This is just me double checking that my understanding is correct, I hope you don't mind Is the gross presentation of the figures less interest not yet accrued equal to the net presentation figures because the discount rate used to calculate the present values for the net figures is equal to the interest rate for the interest not yet accrued in the gross calculation (which is of course the interest rate implicit in the lease) ? Thanks in advance Hugh