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BP » Topics » Note 6 - Finance costs

This excerpt taken from the BP 6-K filed Sep 11, 2006.

Note 6 – Finance costs

Interest payable

 

285

 

204

 

578

 

395

 

Capitalized

 

(132

)

(76

)

(234

)

(152

)

 

 

153

 

128

 

344

 

243

 

Early redemption of finance leases

 

—

 

—

 

—

 

57

 

 

 

153

 

128

 

344

 

300

 
This excerpt taken from the BP 6-K filed Aug 17, 2006.

Note 6 – Finance costs

 

Interest payable

 

293

 

191

 

Capitalized

 

(102

)

(76

)

 

 

191

 

115

 

Early redemption of finance leases

 

—

 

57

 

 

 

191

 

172

 

 

This excerpt taken from the BP 6-K filed Mar 13, 2006.

Finance costs

 

Finance 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 finance costs are recognized in the income statement in the period in which they are incurred.

 

EXCERPTS ON THIS PAGE:

6-K
Sep 11, 2006
6-K
Aug 17, 2006
6-K
Mar 13, 2006

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