IAS 23 Borrowing costs

Hello open tuition, well done.

If there’s a delay to commence construction of a qualifying asset and the delay was due to delay in approval of the plan by government. Do you capitalise during this period?

If the qualifying asset is in progress, what can be it’s valuation at a year end date? Is it the initial cost of the asset + the borrowing costs incurred to date???.

Thanks opentuition