| LEASES |
15.LEASES Group as a lessor Sales-type leases For the six months ended June 30, 2025, we recognized VND19.8 billion (USD0.8 million) of sales-type leasing revenue and VND25.8 billion (USD1.0 million) of sales-type leasing cost of revenue (for the six months ended June 30, 2024: VND226.0 billion as revenue and VND211.2 million as cost of revenue). Net investment in sales-type leases is presented on the unaudited interim condensed consolidated balance sheet as follows: | | | | | | | | | As of December 31, 2024 | | As of June 30, 2025 | | | VND million | | VND million | | USD | Gross lease receivables | | 1,642,125 | | 776,193 | | 30,983,275 | Received cash | | (203,199) | | (128,232) | | (5,118,633) | Unearned interest income | | (279,473) | | (156,283) | | (6,238,344) | Allowance for losses | | — | | (249,156) | | (9,945,553) | Net investment in sales-type leases | | 1,159,453 | | 242,522 | | 9,680,744 | Reported as: | | | | | | | Current net investment in sales-type lease | | 134,713 | | 16,648 | | 664,538 | Non-current net investment in sales-type lease | | 1,024,740 | | 225,874 | | 9,016,206 | Net investment in sales-type leases | | 1,159,453 | | 242,522 | | 9,680,744 |
Lease income in operating lease | | | | | | | | | For the six months ended June 30, | | | 2024 | | 2025 | | 2025 | | | VND million | | VND million | | USD | Lease income relating to lease payments | | 168,261 | | 265,845 | | 10,611,728 | Lease income relating to variable lease payments not included in the measurement of the lease receivable | | 22,923 | | 20,524 | | 819,256 |
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