Artículo 7.2.12. IFRS 9 Paragraph 7.2.12

If an entity previously accounted at cost (in accordance with IAS 39 ), for an investment in an equity instrument that does not have a quoted price in an active market for an identical instrument (ie a Level 1 input) (or for a derivative asset that is linked to and must be settled by delivery of such an equity instrument) it shall measure that instrument at fair value at the date of initial application. Any difference between the previous carrying amount and the fair value shall be recognised in the opening retained earnings (or other component of equity, as appropriate) of the reporting period that includes the date of initial application. [ Refer: Basis for Conclusions paragraph BC7.15 ]