Borrowing costs
are interest and other costs that an entity incurs in connection with the borrowing of funds. Borrowing costs may include: 
(a) interest expense calculated using the effective interest method; 

(b) interest in respect of lease liabilities; and 

(c) exchange differences arising from foreign currency borrowings to the extent that they are regarded as an adjustment to interest costs.

Qualifying asset
is an asset that necessarily takes a substantial period of time to get ready for its intended use or sale. Depending on the circumstances, any of the following may be qualifying assets: 
(a) inventories
(b) manufacturing plants 
(c) power generation facilities 
(d) intangible assets 
(e) investment properties 
(f) bearer plants. 

Financial assets, and inventories that are manufactured, or otherwise produced, over a short period of time, are not qualifying assets. Assets that are ready for their intended use or sale when acquired are not qualifying assets.