For development of qualifying assets we took a loan from bank, as per ias 23, interest cost on loan taken for qualifying assets will be capitalized to those assets, as per the loan agreement interest rate was libor+1.5, initially libor was high so to cover the loss of probable higher rate of interest co. went in to interest rate swap and as per that now co. has to pay only fix 4.5%  now libor rate has gone down so my question is, loss on interest swap will be transferred to …

Hello I Have  A question
if i have more than a qualify asset at the same time (say 4) and i only have one loan
how i captilize the interest for each asset (give Examples )as they are all at the same time and they are all different??

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