ROU Assets in EV

Hey all

Had an interesting question asked on IFRS16 leases in EV. Can’t find anything here/online about it so hoping someone can help out.

Where EV = net operating assets = op assets - op liabilities; Why are ROU assets not subtracted from EV when lease liabilities are added?

Confused as the lease liability may be considered non-op liability (like debt) for the add back so why is the corresponding ROU not subtracted if it is then another non-op asset?

Cheers

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ROU Assets in EV

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ROU Assets in EV

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