The consolidation adjustments in relation to intragroup borrowings:

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Consolidation adjustments for intragroup borrowings eliminate the effects of transactions between entities within the group, including any interest revenue and expense arising from such borrowings. These adjustments ensure that the consolidated financial statements present the financial position and results of the group as if the group were a single entity. Tax effects generally arise from transactions with external parties, so intragroup borrowings, being internal, do not require a tax-effect entry in the consolidation process.

The Consolidation Adjustments in Relation to Intragroup Borrowings