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BP » Topics » Borrowing costs

This excerpt taken from the BP 6-K filed Nov 17, 2005.

Borrowing costs

 

Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets, which are assets that necessarily take a substantial period of time to get ready for their intended use, are added to the cost of those assets, until such time as the assets are substantially ready for their intended use.

 

All other borrowing costs are recognized as interest payable in the income statement in the period in which they are incurred.

 

This excerpt taken from the BP 6-K filed Sep 7, 2005.

Borrowing costs

 

Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets, which are assets that necessarily take a substantial period of time to get ready for their intended use, are added to the cost of those assets, until such time as the assets are substantially ready for their intended use.

 

All other borrowing costs are recognized as interest payable in the income statement in the period in which they are incurred.

 

This excerpt taken from the BP 6-K filed Sep 7, 2005.

Borrowing costs

 

Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets, which are assets that necessarily take a substantial period of time to get ready for their intended use, are added to the cost of those assets, until such time as the assets are substantially ready for their intended use.

 

All other borrowing costs are recognized as interest payable in the income statement in the period in which they are incurred.

 

EXCERPTS ON THIS PAGE:

6-K
Nov 17, 2005
6-K
Sep 7, 2005
6-K
Sep 7, 2005

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