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Prepaid expenses | 12 Months Ended
--- | ---
Dec. 31, 2023
Prepaid expenses |
Prepaid expenses | 9. Prepaid expenses (a)This caption is made up as follows: ​
​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022
​ | ​ | US$(000) | ​ | US$(000)
​ | ​ | ​ | ​ | ​
Right to use facilities paid in advance (b) |  | 23,034 |  | 23,920
Prepaid insurance |  | 22,325 |  | 15,065
Deferred costs of works for taxes |  | 1,477 |  | 1,929
Other prepaid expenses |  | 1,288 |  | 1,452
​ |  | 48,124 |  | 42,366
​ | ​ | ​ | ​ | ​
Classification by maturity: |  |  |  |
Current portion |  | 25,976 |  | 19,333
Non-current portion |  | 22,148 |  | 23,033
​ |  | 48,124 |  | 42,366
​ See related accounting policies in Note 2.4(g).
| (b) | Corresponds mainly to payments made in advance to EDEGEL for an original amount of US$31,007,190 corresponding to the right to use the capacity of the hydraulic system of EDEGEL by the subsidiary Empresa de Generación Huanza S.A. This prepayment is being charged to results during the life of the underlying assets (35 years) since January 2015.

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- Definition The disclosure of prepayments and other assets. [Refer: Other assets; Prepayments] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_10_e&doctype=Standard -URIDate 2024-03-27 + Details
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