Borrowing Costs

What are Borrowing Costs? Borrowing costs are interest and other costs incurred by an entity in connection with the borrowing of funds. Borrowing costs may include – Interest on bank overdrafts and short-term and long-term borrowings (including inter-company borrowings). – Amortisation of discounts or premiums relating to borrowings – Amortisation of ancillary costs incurred in …

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