Common use of BORROWING COSTS Clause in Contracts

BORROWING COSTS. Borrowing costs directly attributed to the acquisition or construction of an asset that necessarily takes long time to put in ready to use or available for sale state are capitalized as part of the cost of the respective asset until that asset condition is ready for its intended use. All other borrowing costs are expensed in the period they are incurred. Borrowing costs consist of interest and other costs arising from such borrowing.

BORROWING COSTS. Borrowing costs directly attributed attributable to the acquisition acquisition, construction or construction production of an asset that necessarily takes long a substantial period of time to put in get ready to for its intended use or available for sale state are capitalized capitalised as part of the cost of the respective asset until that asset condition is ready for its intended useasset. All other borrowing costs are expensed in the period in which they are incurredoccur. Borrowing costs consist of interest and other costs arising from such borrowingthat an entity incurs in connection with the borrowing of funds.

BORROWING COSTS. Borrowing costs directly attributed attributable to the acquisition acquisition, construction or construction production of an asset assets that necessarily takes long take a substantial period of time to put in ready to prepare for their intended use or available for sale state sale, are capitalized as part of added to the cost of those assets, until such time as the respective asset until that asset condition is assets are substantially ready for its their intended useuse or sale. All other borrowing costs are expensed recognised in income in the period in which they are incurred. Borrowing costs consist of interest and other costs arising from such borrowing.