Shipping and transportationThe average expected percentage increase in total assets and total liabilities for the shipping and transportation sector was around 10% and 15% respectively. Within the sector, The range of the expected percentage increase in total assets was 1% to nearly 24% while the range of the expected increase in total liabilities was 1% and 36%. Similar to the airline sector, it is common to lease high value assets such as vessels and other transportation assets and, as such, the business model drives the impact of applying IFRS16.