9.5 Capitalised borrowing costs

in PLN millions, unless otherwise stated

During the period from 1 January 2022 to 31 December 2022, the Group recognised PLN 228 million of borrowing costs in property, plant and equipment and intangible assets.

During the period from 1 January 2021 to 31 December 2021, the Group recognised PLN 173 million of borrowing costs in property, plant and equipment and intangible assets.

The capitalisation rate applied by the Group to determine borrowing costs in 2022 amounted to 4.45%, in 2021: 2.98%.