ARAUCO & CONSTITUTION PULP INC | CIK:0001004156 | 3

  • Filed: 5/9/2018
  • Entity registrant name: ARAUCO & CONSTITUTION PULP INC (CIK: 0001004156)
  • Generator: DataTracks
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1004156/000119312518157677/0001193125-18-157677-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1004156/000119312518157677/arauco-20171231.xml
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    • ifrs-full:DisclosureOfBorrowingCostsExplanatory

    NOTE 12. BORROWING COSTS
     
    Arauco estimates the average rate of borrowings to finance its current investments projects. The average rate loans to finance these investments projects were claculated to record the capitalization.
     
     
     
    January - December
     
     
     
    2017
     
    2016
     
     
     
    ThU.S.$
     
    ThU.S.$
     
    Property, plant and equipment capitalized cost
     
     
     
     
     
    Property, plant and equipment capitalized interest cost rate
     
    4.91
    %
    5.11
    %
    Amount of the capitalized interest cost, property, plant and equipment
     
    5,603
     
    2,177