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4- Part 3 - Coggle Diagram

- - - - Capitalised actual borrowing costs incurred less investment income on temporary investment of the funds
    - - Weighted average of borrowing costs outstanding during the period (excluding borrowing specifically for a qualifying asset) multiplied by expenditure on qualifying asset.
      - The amount capitalised should not exceed total borrowing costs incurred in the period
- - - - Growth
      - Degeneration
      - Production
      - Procreation
  - - - The entity control the assets as a result of past events
      - It is probable that future economic benefits will flow to the entity
      - FV or cost of the asset can be measured reliably
        
        When FV cannot be measured reliably, biological assets are measured at cost less accumulated depreciation and impairment loss
  - - - FVLCTS
        
        Becomes its cost under IAS 2, lower of
        
        CA
        
        NRV
        
        Changes in FVLCTS are recognised in the P/L