FRS 15 does not contain this definition of cost of fixed
assets.
Cost is defined in the CA 2006 to include purchase price
(and acquisition expense) or the production cost (being
the purchase price of raw materials and consumables,
and directly attributable production costs).
There is no specific guidance for treatment where
payment is deferred but in practice, where the payment
is material, it may be discounted.
Capitalisation of directly attributable finance costs is
permitted, but not required