XML 111 R89.htm IDEA: XBRL DOCUMENT v3.23.1
Transactions with related companies and joint venture (Tables)
12 Months Ended
Dec. 31, 2022
Transactions with related companies and joint venture  
Schedule of transactions with associates companies.

(a)

The Group has carried out the following transactions with its related companies and joint venture in the years 2022, 2021 and 2020:

    

2022

    

2021

    

2020

US$(000)

US$(000)

US$(000)

Associates -

 

  

 

  

 

  

Revenues from:

 

  

 

  

 

  

Energy

 

3,415

 

3,255

 

3,173

Royalties

 

1,381

 

15,928

 

18,638

Supplies, note 28(a)

 

179

 

169

 

890

Mineral

 

 

 

211

Purchase of:

 

 

  

 

  

Supplies

 

57

 

53

 

55

Services rendered to:

 

 

  

 

  

Administrative and Management services

 

816

 

802

 

672

Operation and maintenance services related to energy transmission

 

310

 

262

 

280

Services of energy transmission

183

153

320

Constructions services

 

 

8

 

72

Contributions granted and paid from:

Tinka Resources Ltd.

1,676

Dividends received and collected from:

 

 

  

 

  

Sociedad Minera Cerro Verde S.A.A.

 

78,338

 

137,091

 

Compañía Minera Coimolache S.A.

 

802

 

11,320

 

3,649

79,140

148,411

3,649

Joint Venture -

Interest income:

 

 

  

 

  

Transportadora Callao S.A., note 29(a)

 

94

 

89

 

114

Non-controlling shareholders -

Dividends paid to:

 

 

  

 

  

Newmont Peru Limited - Sucursal del Perú

 

2,647

 

6,160

 

5,140

accounts receivable and payable from/to associates

(b)

As a result of the transactions indicated in the paragraph (a), the Group had the following accounts receivable and payable from/to associates:

    

2022

    

2021

US$(000)

US$(000)

Trade and other receivables, note 7(a)

 

  

 

  

Minera Yanacocha S.R.L.

 

312

 

4,314

Compañía Minera Coimolache S.A.

 

55

 

312

 

367

 

4,626

Other receivables, note 7(a)

 

  

 

  

Transportadora Callao S.A.

 

1,612

 

1,855

Compañía Minera Coimolache S.A.

 

1,025

 

443

Ferrocarril Central Andino S.A.

 

150

 

Banco Pichincha

 

55

 

2,842

2,298

3,209

6,924

Trade and other payables, note 14(a)

 

  

 

  

Compañía Minera Coimolache S.A.

 

163

 

113

Other payables, note 14(a)

 

  

 

  

Other minor

 

 

 

20

 

14

 

183

 

127

Schedule of Group's Key executives compensation

The Group’s key executives’ compensation (including the related income taxes assumed by the Group) for the years ended 2022 and 2021 are presented below:

    

2022

2021

US$(000)

US$(000)

Accounts payable:

Bonus to officers

14,861

11,650

Directors’ remuneration

 

3,455

1,639

Salaries

 

933

847

Total

 

19,249

14,136

Payments:

Salaries

10,230

10,278

Directors’ remuneration

2,956

1,841

Total

13,186

12,119

Expenses:

Salaries

 

11,163

11,125

Directors’ remuneration

 

3,455

3,499

Total

 

14,618

14,624