PP&E
p. p. 2
PP&E PP&E is recorded at original cost, AFUDC and amortization of debt financing costs incurred during construction. Costs incurred to develop the Project include the original cost of materials, contracted services, direct labour, overhead...
AI summary PP&E is recorded at original cost, including AFUDC and amortization of debt financing costs during construction. Overhead costs such as finance, IT, and management are included. PP&E is depreciated over 38 years, from the in-service date of Maritime Link assets until 2056.