Financial obligations (Tables)

12 Months Ended

Dec. 31, 2017

(a)

This caption is made up as follow:

	2017		2016
	US$(000)		US$(000)

Compañía de Minas Buenaventura S.A.A. (b)
BBVA Banco Continental S.A.		61,667		61,667
Banco de Crédito del Perú		61,667		61,667
CorpBanca New York Branch		61,666		61,666
Banco Internacional del Perú		30,000		30,000
ICBC Perú Bank		25,000		25,000
Banco Latinoamericano de Comercio Exterior S.A.		20,000		20,000
Banco de Sabadell, Miami Branch		15,000		15,000
		275,000		275,000
Debt issuance costs		(2,425)		(3,119)
		272,575		271,881
Sociedad Minera El Brocal S.A.A.
Banco de Crédito del Perú – Finance leaseback (c)		119,464		136,812
Debt issuance costs		(1,377)		-
		118,087		136,812
Mid-term financial obligation (c)		80,000		173
		198,087		136,985
Empresa de Generación Huanza S.A.
Banco de Crédito del Perú – Finance lease (d)		162,411		176,062

Contacto Corredores de Seguros S.A.
BBVA Banco Continental S.A. – Finance lease		10		53

Buenaventura Ingenieros S.A.
Banco de Crédito del Perú – Finance lease (e)		-		7,361

Total financial obligations		633,083		592,342

Classification by maturity:
Current portion		83,991		40,110
Non-current portion (f)		549,092		552,232

Total financial obligations		633,083		592,342

(f)

The long-term portion of the financial obligations held by the Group matures as follows:

(g)

Below is presented the movement:

	2017		2016		2015
	US$(000)		US$(000)		US$(000)

Beginning balance		592,342		353,710		383,305
New obligations		80,000		275,210		296
Accrual of debt issuance costs capitalized		272		(3,119)		-
Accrual of debt issuance costs in results, note 26(a)		909		-		-
Payments		(32,599)		(33,476)		(29,891)
Sale of asset under lease agreement (e)		(7,196)		-		-
Increase of debt issuance costs, note 26(a)		(480)		-		-
Exchange difference		(165)		17		-

Final balance		633,083		592,342		353,710