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Financial expenses and income (Tables) - Sociedad Minera Cerro Verde S.A.A.

12 Months Ended

Dec. 31, 2024

Disclosure Of Financial Expenses [Line Items]

Schedule of finance expenses

Financial expense is made up as follows:


		For the year ended		For the year ended		For the year ended
		December 31, 2024		December 31, 2023		December 31, 2022
		US$(000)		US$(000)		US$(000)

Interests on income tax payments on account (a)		—		73,363		—
Interest on advance payments of customers		4,656		3,901		2,377
Interest on leases (see Note 10(a))		3,320		3,685		3,912
Tax contingencies		2,279		—		—
Interest on revolving credit facility (see Note 10(b))		1,868		1,863		1,880
Amortization of debt issuance cost		699		696		675
Interest on senior unsecured credit facility		—		—		3,196
Other financial expenses		50		50		54
Interest on excess of salaries limit of workers profit sharing (see Note 9(b))		—		—		1,527
Change in estimates of uncertain positions (b)		—		(433)		(4,921)
Capitalized interest associated to capital projects		(3,320)		(3,584)		(3,084)
Change in estimates related to excess of salaries limit of worker profit sharing (see Note 9(b))		—		(12,423)		—

		9,552		67,118		5,616

(a) Mainly corresponded to the recognition of interest on penalties and interest related to income tax payments on account for the years 2006 to 2015 as a result of unfavorable rulings issued by the Supreme Court against the Company.

Schedule of financial income

Financial Income is made up as follows:


		For the year ended		For the year ended		For the year ended
		December 31, 2024		December 31, 2023		December 31, 2022
		US$(000)		US$(000)		US$(000)

Gain in the fair value of market liquid investment (see Note 3(b))		33,570		35,142		11,215
Interest on tax refunds		5,282		2		—
Interest Earned by Bank Accounts (see Note 3(a))		1,096		15		24
Discounts for Prompt Payment to suppliers		675		1,126		1,075

		40,623		36,285		12,314