(a)

This caption is made up as follow:


	As of	As of
	December 31,	December 31,
	2021	2020
	US$(000)	US$(000)
Compañía de Minas Buenaventura S.A.A.
Bonds -
Senior Notes at 5.50% due 2026 (b)	550,000	—
Debt issuance costs	(9,983)	—
	540,017	—
Financial obligations (c) -
BBVA Banco Continental	61,667	61,667
Banco de Crédito del Perú	66,667	66,667
CorpBanca New York Branch	61,666	61,666
Banco Internacional del Perú	30,000	30,000
ICBC Perú Bank	40,000	40,000
Banco de Sabadell, Miami Branch	15,000	15,000
	275,000	275,000
Debt issuance costs	6,284	(2,715)
	281,284	272,285
Sociedad Minera El Brocal S.A.A. (d)
Banco de Crédito del Perú – Financial obligation	118,722	140,309
Debt issuance costs	(611)	(600)
	118,111	139,709
Empresa de Generación Huanza S.A. (e)
Banco de Crédito del Perú – Finance lease	113,096	113,096
Debt issuance costs	(312)	(1,276)
	112,784	111,820
Lease liabilities (h)	5,779	7,839
Total financial obligations	1,057,975	531,653

Classification by maturity:
Current portion	179,417	25,086
Non-current portion	878,558	506,567
Total financial obligations	1,057,975	531,653

(g)

Below is presented the movement of the debt excluding interest:


	2021	2020	2019
	US$(000)	US$(000)	US$(000)

Beginning balance	531,653	571,688	587,062
Bonds -
Additions	550,000	—	—
Debt issuance costs	(10,700)	—	—
Amortization of debt issuance costs in results note 29(a)	717	—	—

Financial obligations
Additions	—	—	161,894
Payments	(21,585)	(38,994)	(186,152)
Effect of amortized cost, note 29(a)	8,837	(361)	—
Amortization of debt issuance costs in results, note 29(a)	885	976	2,109
Increase (reduction) of debt restructuring costs	225	(1,992)	(728)

Lease obligations -
Additions	2,972	5,213	19,885
Accretion expense for leases related to rights in use, note 29(a)	176	180	293
Payments	(5,205)	(4,080)	(7,596)
Disposals	—	(977)	(5,079)
Final balance	1,057,975	531,653	571,688


	2021	2020
	US$(000)	US$(000)

Within one year	1,470	1,470
After one year but not more than five years	757	2,227
	2,227	3,697