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Other non-financial assets

12 Months Ended

Dec. 31, 2022

Disclosure of other non financial assets [Line Items]

Other non-financial assets

12. Other non-financial assets

(a)

Below is presented the movement:


		Balance as of						Balance as of				Balance as of
		January 1,						December 31,				December 31,
		2021		Additions		Disposals		2021		Additions		2022
		US$(000)		US$(000)		US$(000)		US$(000)		US$(000)		US$(000)

Cost:
Patents and industrial property (b)		14,709		292		—		15,001		215		15,216
Rights-of-use (c)		13,720		—		—		13,720		—		13,720
Software licenses		10,814		65		(17)		10,862		75		10,937

		39,243		357		(17)		39,583		290		39,873
Accumulated amortization:
Rights-of-use (c)		8,165		718		—		8,883		705		9,588
Software licenses		4,575		929		—		5,504		936		6,440

		12,740		1,647		—		14,387		1,641		16,028

Cost, net		26,503						25,196				23,845

(b)

The copper plant project is a technological initiative of the Company to develop a viable technical and economic solution for the treatment of complex copper concentrates. This project comprises several stages of development from a laboratory level pilot to a demonstration stage.

(c)

Corresponds to the mineral servitude agreements signed with the communities surrounding the Group’s operations, through which the Group is authorized to carry out exploration, development, exploitation and general work activities.

Sociedad Minera Cerro Verde S.A.A.

Disclosure of other non financial assets [Line Items]

Other non-financial assets


		December 31, 2022		December 31, 2021
		US$(000)		US$(000)

Current
Value added tax (VAT) credit		33,014		36,848

Non-current
Other receivables (a)		333,338		246,151
Uncertain tax positions (b)		16,635		9,700
Other taxes to be recovered		1,928		1,847
		351,901		257,698

Total other non-financial assets		384,915		294,546