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OTHER INCOME AND EXPENSES (Tables)
12 Months Ended
Dec. 31, 2019
OTHER INCOME AND EXPENSES  
Schedule of components of other income and expenses

This item consists of the following:

 

 

 

 

 

 

 

 

    

2019

    

2018

    

2017

 

 

S/(000)

 

S/(000)

 

S/(000)

Other income

 

  

 

  

 

  

Revenue from sale of loan portfolio

 

75,800

 

26,616

 

 —

Rental income

 

37,847

 

35,941

 

43,118

Net income from the sale of investments properties

 

23,629

 

12,541

 

15,837

Net income from the sale of property, furniture and equipment

 

16,869

 

54,952

 

36,970

Recoveries of other accounts receivable and other assets

 

13,796

 

79

 

14,824

Net gain from sale of seized and recovered assets

 

 —

 

 —

 

2,494

Others (*)

 

176,288

 

143,753

 

135,954

Total other income

 

344,229

 

273,882

 

249,197

 

 

 

 

 

 

 

 

 

    

2019

    

2018

    

2017

 

 

S/(000)

 

S/(000)

 

S/(000)

Other expenses

 

  

 

  

 

  

Losses due to operational risk

 

29,878

 

46,528

 

55,477

Expenses on improvements in building for rent

 

30,721

 

36,551

 

42,083

Provision for sundry risks, Note 13(f)

 

27,272

 

42,236

 

29,023

Association in participation

 

22,636

 

14,526

 

19,757

Provision for other accounts receivable

 

8,059

 

7,174

 

19,316

Net loss from sale adjudicated assets

 

9,617

 

3,411

 

 —

Administrative and tax penalties

 

2,659

 

4,301

 

8,387

Others

 

137,627

 

75,453

 

64,271

Total other expenses

 

268,469

 

230,180

 

238,314

 

(*)   The balance mainly comprises liquidation for sale of Credicorp shares, penalty for breach of contract, commissions for recovery in civil and judicial lawsuits of Personal Credits and Credit Card products; also, collection of commission for relocation, vehicle taxes, municipal property taxes, fines and penalties to clients related to the Leasing product.