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CONSOLIDATED STATEMENT OF INCOME - PEN (S/)
S/ in Thousands
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
CONSOLIDATED STATEMENT OF INCOME      
Interest and similar income S/ 12,381,664 S/ 11,522,634 S/ 11,030,683
Interest and similar expenses (3,290,867) (3,033,529) (2,959,196)
Net interest, similar income and expenses 9,090,797 8,489,105 8,071,487
Provision for credit losses on loan portfolio (2,100,091) (1,814,898) (2,057,478)
Recoveries of written-off loans 254,155 283,190 268,313
Provision for credit losses on loan portfolio, net of recoveries (1,845,936) (1,531,708) (1,789,165)
Net interest, similar income and expenses, after provision for credit losses on loan portfolio 7,244,861 6,957,397 6,282,322
Other income      
Commissions and fees 3,232,781 3,126,857 2,911,408
Net gain on foreign exchange transactions 748,382 737,954 650,228
Net gain on securities 546,814 242,829 760,772
Net gain on derivatives held for trading 6,043 13,262 103,580
Net gain from exchange differences 19,735 16,022 17,394
Others 344,229 273,882 249,197
Total other income 4,897,984 4,410,806 4,692,579
Insurance underwriting result      
Net premiums earned 2,419,349 2,091,366 1,875,973
Net claims incurred for life, general and health insurance contracts (1,554,477) (1,239,635) (1,118,304)
Acquisition cost (365,848) (380,310) (269,504)
Total insurance underwriting result 499,024 471,421 488,165
Other expenses      
Salaries and employee benefits (3,411,023) (3,219,875) (3,071,020)
Administrative expenses (2,354,630) (2,330,044) (2,158,823)
Depreciation and amortization (455,032) (429,122) (419,975)
Depreciation for right-of-use assets (177,307) 0 0
Impairment loss on goodwill 0 (38,189) 0
Others (268,469) (230,180) (238,314)
Total other expenses (6,666,461) (6,247,410) (5,888,132)
Profit before income tax 5,975,408 5,592,214 5,574,934
Income tax (1,623,077) (1,520,909) (1,393,286)
Net profit 4,352,331 4,071,305 4,181,648
Attributable to:      
Credicorp's equity holders 4,265,304 3,983,865 4,091,753
Non-controlling interest 87,027 87,440 89,895
Net profit for the year S/ 4,352,331 S/ 4,071,305 S/ 4,181,648
Net basic and dilutive earnings per share attributable to Credicorp's equity holders (in Soles):      
Basic S/ 53.66 S/ 50.13 S/ 51.49
Diluted S/ 53.53 S/ 49.99 S/ 51.35