Special loan interest calculation?

Capitalized amount of special loan interest = total interest during the capitalization period of special loans-interest income from unused loan amount deposited in the bank or investment income from temporary investment. The calculation formula of capitalization amount of special loan interest is different from that of general loans. Capitalized amount of general loan interest expense = weighted average value of accumulated asset expenditure exceeding special loan × capitalization rate of occupied general loan. The calculation idea of special loan is to calculate the total interest during the capitalization period first, and then calculate the interest income or investment income of idle funds during the capitalization period, which is best to squeeze out the capitalized amount; The general idea of calculating loan interest is to calculate the total interest first, then calculate the amount to be capitalized and squeeze out the expensed amount (included in financial expenses). However, it must be emphasized that the calculated capitalization rate of general loans and the calculated weighted average of asset expenditures must be the same.

The difference between general loans and special loans;

1. During the capitalization period, special loans are generally not included in financial expenses, and the capitalized amount of special loan interest can be obtained by deducting idle fund income from the total interest payable; For general loans, the capitalized amount of general loan interest should be calculated first, and the capitalized amount of general loan interest should be deducted from the total interest payable to get the expensed amount.

2. It should also be noted that the capitalized interest expense cannot be deducted from the interest income of idle funds, because since it is a general loan, the unused part has nothing to do with the construction in progress, so the interest income of idle funds is used to offset the current financial expenses of the enterprise.

3. The capitalized amount of special loan interest does not need to consider the asset expenditure, but only the total interest of special loan and the interest income of idle funds during capitalization, and the difference between them is the capitalized amount of special loan interest;

However, the determination of capitalization amount of general loan borrowing costs should be linked to asset expenditure, and the calculation of capitalization rate of general loan interest rate and weighted average of asset expenditure should be considered when calculating capitalization amount of general loan interest.