Equity accounted investees

Exploration and

Industrial

Compañía

development

Energy

Rental of

Holding of

activities

Sociedad

Minera

Tinka

Total

Adjustments

Uchucchacua

Orcopampa

Julcani

Tambomayo

Colquijirca

La Zanja

mining

generation and

Insurance

mining

investment

(Temporary

Minera Cerro

Coimolache

Resources

operating

and

(Operation)

projects

transmission

brokerage

concessions

in shares

suspension)

Corporate

Verde S.A.A

S.A.

Ltd.

segments

eliminations

Total

US$(000)

Year 2023

Results:

Continuing operations

Operating income

Sales of goods

51,698

163,308

37,179

108,063

432,616

16,472

—

18,224

—

4,143,228

136,949

—

5,107,737

(4,296,776)

810,961

Sales of services

—

53,025

8,099

—

441

1,508

—

63,073

(50,189)

12,884

Total operating income

51,698

163,308

37,179

108,063

432,616

16,472

—

53,025

8,099

—

441

19,732

—

4,143,228

136,949

—

5,170,810

(4,346,965)

823,845

Cost of sales of goods, excluding depreciation and amortization

(15,544)

(73,774)

(32,213)

(70,260)

(248,972)

(29,008)

—

(17,783)

—

(2,142,799)

(83,882)

—

(2,714,235)

2,256,881

(457,354)

Unabsorbed cost due to production stoppage

(18,695)

—

(3,927)

—

(22,622)

2,729

(19,893)

Cost of sales of services, excluding depreciation and amortization

—

(34,852)

—

(1,612)

—

(36,464)

30,221

(6,243)

Depreciation and amortization

(6,279)

(12,625)

(6,693)

(49,863)

(87,216)

(3,855)

—

(9,037)

—

(6,082)

—

(409,847)

(34,745)

—

(626,242)

445,203

(181,039)

Exploration in operating units

(24,428)

(6,071)

(6,990)

(3,442)

(7,761)

(537)

—

(9,177)

(11,435)

—

(69,841)

20,612

(49,229)

Mining royalties

(268)

(14,307)

(367)

(1,047)

(2,670)

(181)

—

(686)

—

(19,526)

687

(18,839)

Total operating costs

(65,214)

(106,777)

(46,263)

(124,612)

(346,619)

(33,581)

—

(43,889)

—

(29,404)

—

(2,561,823)

(130,748)

—

(3,488,930)

2,756,333

(732,597)

Gross profit (loss)

(13,516)

56,531

(9,084)

(16,549)

85,997

(17,109)

—

9,136

8,099

—

441

(9,672)

—

1,581,405

6,201

—

1,681,880

(1,590,632)

91,248

Operating expenses, net

Administrative expenses

(4,512)

(15,975)

(3,993)

(11,183)

(9,781)

(2,413)

(1,682)

(2,377)

(11,440)

(186)

(365)

(536)

(5,140)

—

(3,772)

(297)

(73,652)

4,469

(69,183)

Selling expenses

(3,343)

(671)

(239)

(2,758)

(11,457)

(61)

—

(748)

—

(115)

—

(158,244)

(823)

—

(178,459)

159,067

(19,392)

Exploration in non-operating areas

(476)

—

(4,095)

(3,958)

(1,149)

—

(3,828)

—

(13,506)

54

(13,452)

Reversal (provision) of contingencies and others

1,122

(183)

1,409

(1,184)

1,063

2,085

(194)

83

—

127

200

2,398

—

6,926

1

6,927

Others, net

(2,435)

(899)

(1,074)

99

(10,511)

7,246

(3,750)

56

0

8,551

349

(272)

18,437

(82,042)

1,345

—

(64,900)

89,873

24,973

Total operating expenses, net

(9,644)

(17,728)

(3,897)

(15,026)

(34,781)

2,899

(6,775)

(2,986)

(11,440)

8,365

111

(723)

11,867

(240,286)

(3,250)

(297)

(323,591)

253,464

(70,127)

Operating income (loss)

(23,160)

38,803

(12,981)

(31,575)

51,216

(14,210)

(6,775)

6,150

(3,341)

8,365

552

(10,395)

11,867

1,341,119

2,951

(297)

1,358,289

(1,337,168)

21,121

Share in the results of associates and joint venture

—

(158)

—

1,962

—

21,517

—

152,371

—

175,692

(23,467)

152,225

Net gain (loss) from currency exchange difference

112

76

77

143

381

92

307

24

—

10

343

301

17,507

20,476

647

126

40,622

(21,247)

19,375

Finance income

28

4

—

8

2,866

838

13

1,142

5

56

328

308

3,572

36,285

6,298

77

51,828

(42,771)

9,057

Finance costs

(917)

(1,791)

(1,103)

(805)

(7,397)

(2,996)

(517)

(4,178)

(27)

(1)

(2)

(6)

(98,961)

(67,118)

(5,437)

—

(191,256)

72,002

(119,254)

Profit (loss) before income tax

(23,937)

37,092

(14,007)

(32,229)

46,908

(16,276)

(6,972)

5,100

(3,363)

8,430

22,738

(9,792)

86,356

1,330,762

4,459

(94)

1,435,175

(1,352,651)

82,524

Current income tax

(538)

(678)

(134)

—

(17,861)

579

—

(1,912)

(8)

(2,529)

(76)

—

(45,126)

(582,438)

(2,756)

—

(653,477)

584,171

(69,306)

Deferred income tax

—

2,408

—

1,411

978

—

3,815

18,853

30,640

2,475

—

60,580

(34,268)

26,312

Total income tax

(538)

(678)

(134)

—

(15,453)

579

—

(501)

970

(2,529)

(76)

3,815

(26,273)

(551,798)

(281)

—

(592,897)

549,903

(42,994)

Profit (loss) from continuing operations

(24,475)

36,414

(14,141)

(32,229)

31,455

(15,697)

(6,972)

4,599

(2,393)

5,901

22,662

(5,977)

60,083

778,964

4,178

(94)

842,278

(802,748)

39,530

Discontinued operations loss

(6,848)

Profit for the year

32,682

Total assets

222,041

49,707

31,371

143,451

683,311

44,341

694,950

367,130

—

4,854

232,177

65,318

2,917,237

7,930,910

380,331

76,379

13,843,508

(9,309,709)

4,533,799

Total liabilities

62,003

56,185

33,413

30,915

284,819

61,656

59,476

116,398

—

90

402

5,346

696,152

1,250,536

128,886

350

2,786,627

(1,422,039)

1,364,588

Investments in associates and joint venture

—

1,628

—

123,610

—

226,582

—

2,116,200

—

2,468,020

(940,897)

1,527,123

Acquisition of long-lived assets

14,353

3,624

828

333

61,772

2,827

150,198

1,168

—

157

5,898

—

8,929

—

250,087

(11,418)

238,669

Changes in estimates of mine closures plans

2,094

(123)

6,312

53

3,061

(922)

—

1,404

—

11,879

—

11,879