Balance Sheet | Tax Saving | Flexibility Why lease? Leasing can offer you full advantages in terms of Balance Sheet, tax saving and flexibility. Balance sheet: The leasing commitment is out of the Balance sheet Saves equities and improves your ROE Improve leverage ratio Tax saving: Decrease tax basis The rentals are fully considered as expenses giving more flexibility to the lessee Assets are treated as expenses over the contract duration selected by the lessee instead of depreciating over a period of time started by GAPP. The land value is treated as expense in case of leasing Flexibility: The additional cash flow provided by the investment will cover the repayment the rentals The rentals schedule can be tailored according to the expected cash flow Leasing facilities can finance till 100% of the investment cost (including: custom duties, transportation, and insurance) in some cases The ownership of the equipment by the lessor minimizes the additional guarantees