Determine the amounts to be recognised in profit or loss and in other comprehensive income in respect of the property for the year ended 31 December 2010.
 
Evaluate the compliance of IAS 20 Accounting for Government Grants and Disclosure of Government Assistance with the conceptual framework definitions of a liability and income.
 
A company incurred the following borrowing costs during the year: 
                                                                                             $'000
 Overdraft interest                                                                  12
 Foreign currency loan interest (correctly translated into $)   84
 Foreign currency loan exchange differences on capital         140
 
In addition a three-year fixed rate $2 million loan was taken out on 1 January 2010 at 6.5%. A loan set-up fee was charged of $20,000. This increased the effective interest rate on the loan to 6.88%.

Posted Date: 3/15/2013 2:51:29 AM | Location : United States

Ask an Expert

Related Discussions:- Calculate the maximum amount, Assignment Help, Ask Question on Calculate the maximum amount, Get Answer, Expert's Help, Calculate the maximum amount Discussions

Write discussion on Calculate the maximum amount
Your posts are moderated

Write your message here..

Related Questions

Compare and contrast a forward contract and an option, QUESTION (a) Bri... QUESTION (a) Briefly define foreign exchange rate risk and the three different types of exchange rate risks (b) Identify and outline the different methods of internal and ex

Define financial management, Financial management is that division of manag... Financial management is that division of managerial process which is concerned with the planning and controlling of firm's financial resources. It is concerned with the procurement

Credit analysis- account receivable management, Credit analysis Assessm... Credit analysis Assessment of creditworthiness depends on the examination of information relating to the new customer. This information is frequently generated by a third party

Coupon curve duration, Market price is used for determining the dura... Market price is used for determining the duration of a mortgage-backed security in the coupon curve duration. This approach to calculate the duration of mortgage-bac

Calculate the break-even point, A Video Rental store has two employees. The... A Video Rental store has two employees. The Supervisor is paid $2,200 per month. The other employee, Mark is paid $1,200 per month. In addition, Mark is paid a commission of 20 cen

Embedded options, Embedded Options  is a provision in the ind... Embedded Options  is a provision in the indenture that gives the issuer and/or the bondholder an option to take action against the other party.

Straight value (pure debt value), The straight value of a convertible... The straight value of a convertible bond is nothing but the value of a non-convertible bond having same characteristics. For example, assume that a company has tw

Define the term- profitability maximisation, Define the term- Profitability... Define the term- Profitability maximisation Profitability maximisation would imply that a firm must be guided in financial decision making by one test; select projects, assets

Agency problem, Discuss how a business might limit agency problem between m... Discuss how a business might limit agency problem between management and creditors

Fixed weight aggregates method - fisher''s ideal method, Fixed Weight Aggre... Fixed Weight Aggregates Method In fixed weight aggregates method, the weights used are neither from base period nor from current period but from a representative period. These