CTHRepealedLegislation
AASB 123 - Borrowing Costs - July 2004
D.1 Borrowing costs expenseD.1 Borrowing costs expense
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D.1 Borrowing costs expense
AASB 1036.9.1(d) requires the following information to be disclosed:
- the amount of the borrowing costs recognised as an expense for the reporting period (paragraph 9.1(a)); and
- where funds are borrowed specifically for acquiring, constructing or producing a qualifying asset, disclosure of the amount of any investment revenue earned on those borrowed funds and deducted from the borrowing costs incurred in determining the amount of borrowing costs to be capitalised (paragraph 9.1(d)).