THOMSON REUTERS CORP /CAN/ - 40-F filing on 2022-03-10

Leases (Tables)

12 Months Ended

Dec. 31, 2021

Disclosure of carrying amount and related depreciation

The carrying amount and the related depreciation for the

right-of-use

assets for the years ending December 31, 2021 and 2020 were as follows:



	Land, Buildings and Building Improvements		Computer Equipment (1)		Furniture, Fixtures and Other Equipment		Total
Year ended December 31, 2021
Carrying amount		169		10		2		181
Depreciation		56		24		1		81
Year ended December 31, 2020
Carrying amount		171		49		2		222
Depreciation		67		22		1		90

(1) The Company exited technology equipment leases which contributed to the decrease in the carrying amount in 2021.

Disclosure of future aggregate undiscounted non-cancellable lease payments

The following table sets forth the Company’s future aggregate undiscounted

non-cancellable

lease payments over the lease term as well as its discounted lease liabilities as reported in the consolidated statement of financial position as of December 31, 2021 and 2020:



	December 31,

	2021		2020

Within 1 year		73		92
Between 1 and 2 years		63		76
Between 2 and 3 years		46		49
Between 3 and 4 years		35		39
Between 4 and 5 years		26		29
Later than 5 years		45		44
Total undiscounted cash flows		288		329
Lease liabilities included in the consolidated statement of financial position
Current		64		83
Non-current		197		223

Disclosure of future aggregate undiscounted lease receipts for finance leases

The Company is entitled to receive the following aggregate undiscounted payments for finance leases as of December 31

, 2021

and

2020:



	December 31,

	2021		2020

Within 1 year		7		8
Between 1 and 2 years		7		7
Between 2 and 3 years		6		7
Between 3 and 4 years		5		7
Between 4 and 5 years		1		5
Later than 5 years		1		2
Total undiscounted lease payments to be received		27		36
Unearned finance income		(2)		(3)
Net investment in leases		25		33