Net borrowing costs definition
Net borrowing costs means, in respect of any financial period of the Group, all continuing, regular or periodic costs, charges and expenses (including, but not limited to, interest) shown in the relevant consolidated accounts of the Group as interest payable by any member of the Group plus any interest arising in such financial period which is capitalised by any member of the Group less all income shown in the relevant consolidated accounts of the Group as interest receivable by any member of the Group, all as calculated in accordance with accounting principles or standards generally accepted in the United Kingdom applied in connection with the preparation of the consolidated accounts of the Group for the relevant financial period.
Net borrowing costs means the amount by which borrowing costs exceed the income derived from loans of company’s funds to third parties in the tax period, not including, among others, any borrowing costs with group entities that are non-deductible under the rule related to borrowing costs described above.
Net borrowing costs means, in respect of any financial year of the Issuer, all continuing, regular or periodic costs, charges and expenses (including, but not limited to, interest) shown in the relevant Accounts (as defined in Condition 8) for such financial year as interest payable by any member of the Group (as defined in Condition
More Definitions of Net borrowing costs
Net borrowing costs means, in respect of any financial year of the Issuer, all continuing, regular or periodic costs, charges and expenses (including, but not limited to, interest) shown in the relevant Accounts (as defined in Condition 8) for such financial year as interest payable by any member of the Group (as defined in Condition 8) plus any interest arising in such financial year which is capitalised by any member of the Group less all income shown in the relevant Accounts for such financial year as interest receivable by any member of the Group, all as calculated in accordance with the Accounts; and