Transactions with associates companies (Tables)

12 Months Ended

Dec. 31, 2018

(a)

The Group has carried out the following transactions with its associates in the years 2018, 2017 and 2016:

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

Revenues from:
Royalties		20,385		20,739		24,339

Revenues from sale of:
Energy		3,002		2,137		1,679
Mineral		1,321		1,414		1,271
Mining concessions, property, plant and equipment		30		336		-
Supplies		27		4		1

Purchase of:
Supplies		44		27		21

Services rendered to:
Services of energy transmission		393		559		-
Engineering services		348		1,119		1,001
Operation and maintenance services		290		593		1,247
Administrative and Management services		214		149		200
Constructions services		-		1,332		1,152

Dividends received and collected from:
Sociedad Minera Cerro Verde S.A.A.		39,169		-		-
Compañía Minera Coimolache S.A.		7,623		9,823		11,390
Minera Yanacocha S.R.L.		-		-		130,950

Loans collected to:
Sociedad Minera Cerro Verde S.A.A.		-		124,800		-

Interest income:
Transportadora Callao S.A.		92		-		-
Sociedad Minera Cerro Verde S.A.A.		-		1,685		4,161
Compañía Minera Coimolache S.A.		-		-		3

Dividends paid to non-controlling shareholders:
Newmont Peru Limited - Sucursal del Perú		5,560		6,036		7,400

(b)

As a result of the transactions indicated in the paragraph (a), the Group had the following accounts receivable and payable from/to associates:

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

Trade and other receivables
Minera Yanacocha S.R.L.		6,791		6,740
Compañía Minera Coimolache S.A.		386		592
Sociedad Minera Cerro Verde S.A.A.		-		16
		7,177		7,348
Other receivables
Transportadora Callao S.A. (e)		2,471		-
Compañía Minera Coimolache S.A.		1,234		732
		3,705		732
		10,882		8,080

Trade and other payables
Compañía Minera Coimolache S.A.		36		15

Other payables
Compañía Minera Coimolache S.A.		-		42
Other		20		20
		20		62
		56		77

The Group’s key executives’ compensation (including the related income taxes assumed by the Group) for the years 2018 and 2017 are presented below:

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

Accounts payable:
Directors’ remuneration		2,192		1,641
Salaries		1,057		1,257
Directors’ compensations		2,628		1,200
Provision for bonus to officers		6,345		1,899

Total		12,222		5,997

Disbursements:
Salaries		12,908		10,530