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ADMINISTRATIVE EXPENSES (Tables)
12 Months Ended
Dec. 31, 2019
ADMINISTRATIVE EXPENSES  
Schedule of components of administrative expenses

This item consists of the following:

 

 

 

 

 

 

 

 

    

2019

    

2018

    

2017

 

 

S/(000)

 

S/(000)

 

S/(000)

 

 

 

 

 

 

 

Repair and maintenance

 

318,715

 

301,893

 

271,081

Publicity

 

380,147

 

336,203

 

304,119

Taxes and contributions

 

334,398

 

285,551

 

259,523

Rental (*)

 

63,047

 

226,388

 

230,257

Consulting and professional fees

 

261,144

 

223,239

 

206,224

Transport and communications

 

168,237

 

176,623

 

176,273

Sundry supplies

 

74,038

 

54,742

 

49,935

IBM services expenses

 

118,009

 

140,909

 

143,703

Services by third-party and others (**)

 

636,895

 

584,496

 

517,708

Total

 

2,354,630

 

2,330,044

 

2,158,823

 

(*)During the year 2019, the amount corresponds only to short-term leases and of low value, which are recognized in the consolidated statement of income according to the provisions of IFRS 16 “Leases” (During the year 2018, amounts corresponded to all leases recognized in accordance with IAS 17 “Leases”).

(**)The balance consists mainly of security and protection services, cleaning service, representation expenses, electricity and water utilities, insurance policy expenses, subscription expenses and commission expenses.