Under IFRS, depreciation of investment properties shall be reported within the ‘operating category’ of the statement of profit or loss where investment properties are related to the institution’s main business activities in accordance with IFRS 18. If this is not the case, depreciation of investment properties shall be reported in the item ‘Other income or (-) expenses on investing non-financial assets’.
‘Modification gains or (-) losses, net’ shall include the amounts arising from adjusting the gross carrying amounts of financial assets to reflect the renegotiated or modified contractual cash flows (IFRS 9.5.4.3 and Appendix A). The modification gains or losses shall not include the impact of modifications on the amount of expected credit losses, which shall be reported in ‘Impairment or (-) reversal of impairment on financial assets not measured at fair value through profit or loss’. Under IFRS, institutions providing only finance to customers or investing exclusively in specific classes of financial assets as main business activities shall report ‘modification gains or losses related to their investments in financial assets in the item ‘Other income or (-) expenses on investing financial assets’.