FRA Reading 20 Case Study 2

In Exhibit 34 of the curriculum , They are showing Average rent expense of the lease and depreciation expense of the lease.

My point is they are considering average rent expense as well as the depreciation of the capitalized assets which was an operating lease( Which PG has taken on rent - Offices).

Don’t you think it’s considering expenses on same thing twice.

Once they are taking rent on offices and secondly they are considering office operating depreciation .