Motif Bio plc | CIK:0001674657 | 3

  • Filed: 4/10/2018
  • Entity registrant name: Motif Bio plc (CIK: 0001674657)
  • Generator: Merrill
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1674657/000110465918023117/0001104659-18-023117-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1674657/000110465918023117/mtfb-20171231.xml
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  • ifrs-full:DescriptionOfAccountingPolicyForBorrowingsExplanatory

     

    n.Borrowings

     

    Borrowings are recognized initially at fair value, net of transaction costs incurred. Borrowings are subsequently measured at amortized cost. Any difference between the proceeds (net of transaction costs) and the redemption amount is recognized in profit or loss over the period of the borrowings using the effective interest method.