At Reporting Date for Year 1, Delta Limited Had a Loan

At reporting date for Year 1, Delta Limited had a loan from its financial institution that is expected to settle within six months. The loan term was renegotiated after reporting date and before the authorisation date of the financial statements and the repayment date was extended by two years. For the purposes of financial statement presentation for Year 1, this loan is classified by Delta Limited as a/an:

A) current liability.
B) contingent liability.
C) non-current liability.
D) off-statement of financial position liability.