XML 196 R174.htm IDEA: XBRL DOCUMENT v3.23.1
Tax situation (Details)
 1 Months Ended 12 Months Ended
Jan. 05, 2021
installment
Jan. 01, 2017
Jun. 23, 2004
Jan. 01, 2004
Mar. 31, 2021
Mar. 31, 2020
Jul. 17, 2012
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Dec. 31, 2018
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2022
PEN (S/)
Nov. 30, 2022
USD ($)
Nov. 30, 2022
PEN (S/)
Dec. 31, 2021
PEN (S/)
Dec. 31, 2020
PEN (S/)
Disclosure Of Income Tax Explanatory                                      
Refunds provision               $ 16,600,000 $ 9,700,000                    
Applicable tax rate   29.50%           32.00% 32.00% 32.00%                  
Income Tax Rate Applicable To Dividends               5.00%                      
Applicable Tax Rate With Respect To Results Obtained                       6.80% 6.80% 4.10%          
Unused tax losses for which deferred tax asset recognised               $ 859,781,000 $ 781,480,000           S/ 3,281,909,000     S/ 3,124,358,000  
Mining royalties.               17,733,000 12,974,000 $ 11,749,000                  
Term of agreement of guarantees and measures to promote investments             15 years                        
Current tax expense (income)               15,633,000 20,375,000 9,924,000                  
Current tax expense income relating to special mining tax               44,100,000 70,300,000 17,300,000                  
Current tax expense income relating to mining royalties               44,200,000 74,600,000 14,900,000                  
Current tax expense income relating to statutory retirement fund               6,400,000 8,800,000 2,600,000                  
Deferred tax expense (income)               (15,592,000) (44,046,000) 15,506,000                  
Tax expense (income), continuing operations               $ 41,000 $ (23,671,000) $ 25,430,000                  
Construction work in progress (as a percent)               80.00%                      
Presumed percentage of construction in progress for tax payers               80.00%                      
Data processing equipment                                      
Disclosure Of Income Tax Explanatory                                      
Annual percentage of taxable income for depreciation               50.00%                      
Machinery and equipment                                      
Disclosure Of Income Tax Explanatory                                      
Annual percentage of taxable income for depreciation               20.00%                      
Land transport vehicle                                      
Disclosure Of Income Tax Explanatory                                      
Annual percentage of taxable income for depreciation               33.30%                      
Hybrid or electric land transport vehicle                                      
Disclosure Of Income Tax Explanatory                                      
Annual percentage of taxable income for depreciation               50.00%                      
SUNAT.                                      
Disclosure Of Income Tax Explanatory                                      
Number Of Equal Monthly Payments | installment 66                                    
Declared tax deductions not recognized                               $ 4,350,000 S/ 16,618,000    
Changes in tax rates or tax laws enacted or announced [member]                                      
Disclosure Of Income Tax Explanatory                                      
Applicable Tax Rate With Respect To Results Obtained                     5.00%                
Sociedad Minera Cerro Verde S.A.A.                                      
Disclosure Of Income Tax Explanatory                                      
Applicable tax rate               32.00% 32.00% 32.00%                  
Current Income Tax Payable               $ 445,100,000 $ 704,500,000                    
Deferred tax expense (income) recognised in profit or loss               63,400,000 31,200,000 $ 26,300,000                  
Amount Paid For Disputed Tax Assessments               741,300,000   741,300,000                  
Reserve applied against payments for disputed tax assessments               408,000,000.0                      
Net receivable from disputed tax assessments included in Other non-financial assets, non-current               333,300,000 246,200,000                    
Other non-current receivables               333,338,000 246,151,000                    
Current tax expense (income)               445,078,000 704,455,000 236,926,000                  
Deferred tax expense (income)               62,718,000 30,864,000 25,962,000                  
Tax expense (income), continuing operations               508,547,000 735,703,000 236,926,000                  
Current income tax expense                   210,600,000                  
Declared tax deductions not recognized               $ 16,635,000 $ 9,700,000                    
Sociedad Minera Cerro Verde S.A.A. | December 2006 to December 2013 | SUNAT.                                      
Disclosure Of Income Tax Explanatory                                      
Tax payment based on estimated due                   $ 791,900,000                 S/ 2,900,000
Peruvian government [member]                                      
Disclosure Of Income Tax Explanatory                                      
Applicable tax rate               32.00%                      
Minimum                                      
Disclosure Of Income Tax Explanatory                                      
Royalty rate on revenue     1.00% 1.00%                              
Minimum | SUNAT.                                      
Disclosure Of Income Tax Explanatory                                      
Interest rate in national currency         0.90% 1.00%                          
Interest rate in foreign currency           0.50%                          
Return of interest rate on national currency           0.42%                          
Return of interest rate on foreign currency           0.25%                          
Interest rate on withholding tax           1.00%                          
Maximum                                      
Disclosure Of Income Tax Explanatory                                      
Royalty rate on revenue     3.00% 12.00%                              
Mining tax rate on operating profit     1.00%                                
Maximum | SUNAT.                                      
Disclosure Of Income Tax Explanatory                                      
Interest rate in national currency         1.00% 1.20%                          
Interest rate in foreign currency           0.60%                          
Return of interest rate on national currency           0.50%                          
Return of interest rate on foreign currency           0.30%                          
Interest rate on withholding tax           1.20%