Artículo 5.4.3. IFRS 9 Paragraph 5.4.3

When the contractual cash flows of a financial asset are renegotiated or otherwise modified and the renegotiation or modification does not result in the derecognition of that financial asset in accordance with this Standard, an entity shall recalculate the gross carrying amount of the financial asset and shall recognise a modification gain or loss in profit or loss. The gross carrying amount of the financial asset shall be recalculated as the present value of the renegotiated or modified contractual cash flows that are discounted at the financial asset’s original effective interest rate (or credit-adjusted effective interest rate for purchased or originated credit-impaired financial assets ) or, when applicable, the revised effective interest rate calculated in accordance with paragraph 6.5.10 . Any costs or fees incurred adjust the carrying amount of the modified financial asset and are amortised over the remaining term of the modified financial asset. [ Refer: paragraphs 5.5.12 and B5.5.27 Basis for Conclusions paragraphs BC4.252, BC4.253 and BC5.227⁠–⁠BC5.241 Illustrative Examples, example 11 ]