Integrated Report of KGHM Polska Miedź S.A.
and the KGHM Polska Miedź S.A. Group
for 2020

9.5 Capitalised borrowing costs

in PLN millions, unless otherwise stated

 

During the period from 1 January 2020 to 31 December 2020, the Group recognised PLN 152 million of borrowing costs in property, plant and equipment and intangible assets.

During the period from 1 January 2019 to 31 December 2019, the Group recognised PLN 142 million of borrowing costs in property, plant and equipment and intangible assets.

The capitalisation rate applied by the Group to determine borrowing costs in 2020 amounted to 3.25%,
in 2019: 3.70%.

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