Financial obligations (Tables)

12 Months Ended

Dec. 31, 2018

(a)

This caption is made up as follow:

	2018			2017
	US$(000)			US$(000)

Compañía de Minas Buenaventura S.A.A.(c)
BBVA Banco Continental		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		(3,618	)		(2,425	)
		271,382			272,575
Sociedad Minera El Brocal S.A.A.

Banco de Crédito del Perú – Finance leaseback		94,490			119,464
Debt issuance costs		(976	)		(1,377	)
		93,514			118,087
Mid-term financial obligation		75,000			80,000
		168,514			198,087
Empresa de Generación Huanza S.A.
Banco de Crédito del Perú – Finance lease		147,166			162,411

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

Total financial obligations		587,062			633,083

Classification by maturity:
Current portion		46,166			83,991
Non-current portion (e)		540,896			549,092

Total financial obligations		587,062			633,083

(e)

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

(f)

Below is presented the movement:

	2018			2017			2016
	US$(000)			US$(000)			US$(000)

Beginning balance		633,083			592,342			353,710
Accrual of debt issuance costs in results, note 27(a)		1,024			909			-
Payments		(45,222	)		(32,599	)		(33,476	)
Increase in interest for debt restructuring		(2,207	)		-			-
Exchange difference		384			(165	)		17
New obligations		-			80,000			275,210
Accrual of debt issuance costs capitalized		-			272			(3,119	)
Sale of asset under lease agreement		-			(7,196	)		-
Increase of debt issuance costs, note 27(a)		-			(480	)		-

Final balance		587,062			633,083			592,342