# ASC 835-980-35: Interest — Regulated Operations — 35 Subsequent Measurement

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/835/980/#35-subsequent-measurement)

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## ASC 835-980-35: 35 Subsequent Measurement

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##### [835-980-35-1](https://asc.understandingaccounting.org/asc/835/980/#835-980-35-1)

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After construction is completed, the resulting capitalized cost, including the [allowance for funds used during construction](https://asc.understandingaccounting.org/glossary/a/#allowance-for-funds-used-during-construction "The cost of financing construction as financed partially by borrowings and partially by equity, capitalized as part of the cost of plant and equipment pursuant to requirements of the regulator."), is the basis for depreciation and unrecovered investment for rate-making purposes.