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Trade and other payables | 12 Months Ended
--- | ---
Dec. 31, 2022
Trade and other payables |
Trade and other payables | 14. Trade and other payables
| (a) | This caption is made up as follows:
​
​ | ​ | ​ | ​ | ​
​ |  | 2022 |  | 2021
​ | ​ | US$(000) | ​ | US$(000)
​ | ​ | ​ | ​ | ​
Trade payables (b) | ​ | ​ | ​ | ​
Domestic suppliers |  | 181,071 |  | 190,549
Related entities, note 32(b) |  | 163 |  | 113
​ |  | 181,234 |  | 190,662
Other payables | ​ | ​ | ​ | ​
Remuneration and similar benefits payable |  | 35,996 |  | 35,393
Interest payable |  | 14,911 |  | 16,606
Taxes payable |  | 8,910 |  | 11,880
Exploration expenses payable | ​ | 4,053 | ​ | —
Royalties payable to the Peruvian State |  | 1,895 |  | 2,765
Dividends payable (c) | ​ | 639 | ​ | 567
Related entities, note 32(b) |  | 20 |  | 14
Closed hedge instruments accounts payables |  | — |  | 1,234
Other liabilities |  | 3,884 |  | 3,557
​ |  | 70,308 |  | 72,016
​ | ​ | ​ | ​ | ​
Total trade and other payables |  | 251,542 |  | 262,678
​ | ​ | ​ | ​ | ​
Classification by maturity: | ​ | ​ | ​ | ​
Current portion |  | 247,989 |  | 259,641
Non-current portion |  | 3,553 |  | 3,037
​ | ​ | ​ | ​ | ​
Total trade and other payables |  | 251,542 |  | 262,678
​ | ​ | ​ | ​ | ​
Classification by nature: | ​ | ​ | ​ | ​
Financial payables |  | 240,737 |  | 248,033
Non-financial payables |  | 10,805 |  | 14,645
Total trade and other payables |  | 251,542 |  | 262,678
​
| (b) | Trade payables arise mainly from the acquisition of material, supplies and spare parts and services provided by third parties. These obligations have current maturities, accrue no interest and are not secured.
| (c) | The movement of dividends payable is presented below:
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2022 |  | 2021 |  | 2020
​ | ​ | US$(000) | ​ | US$(000) | ​ | US$(000)
​ | ​ | ​ | ​ | ​ | ​ | ​
Beginning balance |  | 567 |  | 638 |  | 604
Dividends declared and paid, note 17(d) - |  | ​ |  | ​ |  | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
Declared dividends to controlling shareholders |  | 18,542 |  | — |  | —
Dividends paid to controlling shareholders |  | (18,542) |  | — |  | —
Declared dividends to non-controlling shareholders |  | 2,647 |  | 6,160 |  | 5,140
Dividends paid to non-controlling shareholders |  | (2,647) |  | (6,160) |  | (5,140)
Expired dividends, note 17(c) - | ​ | — | ​ | (76) | ​ | (26)
Other |  | 72 |  | 5 |  | 60
​ | ​ | ​ | ​ | ​ | ​ | ​
Ending balance |  | 639 |  | 567 |  | 638
​
Sociedad Minera Cerro Verde S.A.A. |
Trade and other payables |
Trade and other payables | 8. Trade accounts payable Trade accounts payable are primarily originated by the acquisition of materials, supplies, services and spare parts. These obligations are primarily denominated in US dollars, have current and non-current maturities, and do not accrue interest. No guarantees have been granted. As of December 31, 2022, trade accounts payable includes US$ 35.8 million related to capital projects (US$ 15.1 million as of December 31, 2021).

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- Definition The disclosure of trade and other payables. [Refer: Trade and other payables] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2022-03-24 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_10_e&doctype=Standard -URIDate 2022-03-24 + Details
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