XML 108 R86.htm IDEA: XBRL DOCUMENT v3.23.1
Finance costs and finance income (Tables)
12 Months Ended
Dec. 31, 2022
Finance costs and finance income  
Disclosure Of Detailed Information About Finance Cost And Finance Revenues [Text Block]

(a)

This caption is made up as follows:

    

2022

    

2021

    

2020

US$(000)

US$(000)

US$(000)

Finance revenues:

Interest on time deposits

 

3,521

 

338

 

1,074

Interests on third party loans

449

203

355

Interest on loans to related parties, note 32(a)

 

94

 

89

 

114

Interest from financial instruments

74

114

Interest on tax claims

 

 

75

 

352

Other finance revenues

 

565

 

303

 

155

 

4,703

 

1,122

 

2,050

Reversal of the amortized cost of the syndicated loan, note 16(g)

8,855

Unrealized change of the fair value related to contingent consideration liability (b)

 

813

 

4,382

 

Accrual of other account receivable

 

72

 

448

 

Financial obligations amortized costs, note 16(g)

361

Total finance revenues

14,443

5,952

2,411

    

2022

    

2021

    

2020

US$(000)

US$(000)

US$(000)

Finance costs:

Interest related to senior notes, note 16

 

31,771

 

13,343

 

Interest on borrowings and loans, note 16

10,865

17,166

23,178

Settlement of hedging financial instruments, note 34(c)

 

818

 

1,547

 

146

Tax on financial transactions

 

189

 

193

 

107

Interest on loans

 

26

 

43

 

55

Commissions for bond letters issued to SUNAT

12,124

Interest on commercial obligations

626

Other finance costs

 

 

 

37

 

43,669

 

44,416

 

24,149

Accretion expense for mine closure and exploration projects, note 15(b)

 

5,070

 

5,598

 

6,672

Accrual of debt issuance costs, note 16(g)

 

2,820

 

885

 

976

Accrual of costs for bond issuance, note 16(g)

 

1,963

 

717

 

Amortized cost of financial obligations, note 16(g)

515

8,837

Accretion expense for leases related to rights in use, note 16(g)

99

176

180

Unrealized change of the fair value related to contingent consideration liability (b)

 

 

 

5,690

Other finance costs

155

54,136

60,629

37,822

Schedule of contingent liabilities in business combination

    

2022

    

2021

    

2020

US$(000)

US$(000)

US$(000)

Beginning balance

 

17,718

 

22,100

 

16,410

Variation of the fair value in profit and loss

 

(813)

 

(4,382)

 

5,690

Ending balance

 

16,905

 

17,718

 

22,100

Schedule of significant unobservable valuation input

Significant unobservable valuation inputs are provided below:

    

2022

    

2021

Annual average of future sales of mineral (US$000)

 

208,912

 

193,972

Useful life of mining properties

 

14

 

14

Pre-tax discount rate (%)

 

13.2

 

9.7