Common use of BORROWING COSTS Clause in Contracts

BORROWING COSTS. Borrowing costs are expensed in the profit and loss account in the period in which they are incurred, except to the extent that such costs are capitalised as being directly attributable to the acquisition or construction of an asset which necessarily takes a substantial period of time to get ready for its intended use.

BORROWING COSTS. Borrowing costs are expensed expressed in the profit and loss account in the period in which they are incurred, except to the extent that such costs they are capitalised as being directly attributable to the acquisition or construction of an asset which necessarily takes a substantial period of time to get ready for its intended use.

BORROWING COSTS. Borrowing costs are expensed in the profit and loss account combined results in the period in which they are incurred, except to the extent that such costs are capitalised as being directly attributable to the acquisition or construction of an asset which necessarily takes a substantial period of time to get ready for its intended use.