IFRS 16 was published yesterday and will apply to listed companies from January 2019. I'm sure it will be applied to the financial reporting of other entities in due course. It will bring all leasing arrangements onto balance sheets - plenty of notice for the forthcoming change.
The International Accounting Standards Board® (the Board) today issued a new accounting Standard, called IFRS 16 Leases. It replaces accounting requirements introduced more than 30 years ago that are no longer considered fit for purpose and is a major revision of the way in which companies account for leases.