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do it in paper only w Company limited has undertaken a significant expansion program for its manufacturing facilities by borrowings. The details are as follows:-
do it in paper only
w Company limited has undertaken a significant expansion program for its manufacturing facilities by borrowings. The details are as follows:- Details of Capital Expenditure Facility Amount (5) Remarks Plant A 34,00,00,000 Specific borrowings to the extent of 24,00,00,000 Plant B 20,00,00,000 Specific borrowings to the extent of 600,00,000 Power generation 4,00,00,000 No specific borrowings plant C Plant D 4,00,00,000 No specific borrowing Corporate Offices 8,00,00,000 No specific borrowings Facility expansion commen As of March 31st 2016, were as follows:- expansion commenced on June 1st 2015 for all facilities. March 31st 2016. the status of completion of these facilities ant A was completed on 31st December 2010 Plant B was comple vas completed on 30th November 2015 as of 31st March 2016 Instruction as of March March 313 Plant C is still under construction as of 31st Plant D was completed as of February 28th Corporate offices were still under constr 2016 Details of debt - equity profile of XYZ limite ed are as follows: Equity . 10,00,00,000 equity shares of 5 each fully paid 5,00,00,000 6% Preference shares Debt . 20.00.00.000 11% p.a. secured debentures raised on 1st 2013 redeemable in four equal installments commencin July 1st 2015 15,00,00,000 secured working capital loan obtained on April 1, 2015. The loan carries an interest of 14% p.a. This loan was partially repaid on December 31, 2015 in the amount of 35,00,00,000 Loan from financial institutions amounting to * 3000,00,000 bearing interest at 14% Plants A and B obtained on May 1 2015. p.a. obtained for construction of Loans from financial institutions amounting to * 2700,00, bearing interest at 8% p.a. obtained on June 1st 2015. None of the loans were fully repaid during 31st March 20 Required Capitalization of interest in accordance with A IND AS 23 Problem 20 accordance with AS 16 or Advise X Limited on the Weighted Average cost o the interest cost to be capitalised based on the following ed Average cost of Borrowing andStep by Step Solution
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