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Leases | 12 Months Ended
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Dec. 31, 2021
Disclosure of leases [text block] [Abstract] |
Leases |
| 13. | Leases
The Group maintains lease contracts with third parties, mainly a contract for the lease of trucks for a term of 5 years. The annual incremental interest rate used for the initial recognition of the right-of-use asset and the lease liability ranges between 5.2 and 6.2 percent. The Group also leases certain minor equipment for less than 12 months, the Group has decided to apply the recognition exemption for short term leases (less than 12 months) and for leases of low value assets. The expense for this type of lease amounted to S/1,419,000 for the twelve-month period ended December 31, 2021 (2020: S/1,869,000) and was recognized in the “Administrative Expenses” caption of the interim condensed consolidated statement of profit or loss. The movement of the right of use assets recognized by the Group is shown below:
|  | Transportation units |  |  | Other |  |  | Total |
|  | S/(000) |  |  | S/(000) |  |  | S/(000) |
Cost - |  |  |  |  |  |  |  |  |
Balance as of January 1, 2020 |  |  | - |  |  |  | 109 |  |  |  | 109 |
Additions |  |  | 7,504 |  |  |  | - |  |  |  | 7,504 |
Sales and/or retirement |  |  | - |  |  |  | (71 | ) |  |  | (71 | )
Balance as of December 31, 2020 |  |  | 7,504 |  |  |  | 38 |  |  |  | 7,542 |
Additions |  |  | 217 |  |  |  | - |  |  |  | 217 |
Sales and/or retirement |  |  | - |  |  |  | (3 | ) |  |  | (3 | )
Balance as of December 31, 2021 |  |  | 7,721 |  |  |  | 35 |  |  |  | 7,756 |
Accumulated depreciation - |  |  |  |  |  |  |  |  |  |  |  |
Balance as of January 1, 2020 |  |  | - |  |  |  | 63 |  |  |  | 63 |
Additions |  |  | 1,501 |  |  |  | 33 |  |  |  | 1,534 |
Sales and/or retirement |  |  | - |  |  |  | (61 | ) |  |  | (61 | )
Balance as of December 31, 2020 |  |  | 1,501 |  |  |  | 35 |  |  |  | 1,536 |
Additions |  |  | 1,552 |  |  |  | - |  |  |  | 1,552 |
Balance as of December 31, 2021 |  |  | 3,053 |  |  |  | 35 |  |  |  | 3,088 |
Net book value |  |  |  |  |  |  |  |  |  |  |  |
As of December 31, 2020 |  |  | 6,003 |  |  |  | 3 |  |  |  | 6,006 |
As of December 31, 2021 |  |  | 4,668 |  |  |  | - |  |  |  | 4,668 |
The movement of the lease liabilities recognized by the Group is shown below:
|  | 2021 |  |  | 2020 |
|  | S/(000) |  |  | S/(000) |
Balance as of January 1 |  |  | 6,633 |  |  |  | 57 |
Additions |  |  | 217 |  |  |  | 7,504 |
Financial interest expenses |  |  | 383 |  |  |  | 409 |
Dues payments |  |  | (2,419 | ) |  |  | (1,669 | )
Sales and disposals |  |  | - |  |  |  | (19 | )
Others |  |  | 1,015 |  |  |  | 351 |
Balance as of December 31 |  |  | 5,829 |  |  |  | 6,633 |
Maturity |  |  |  |  |  |  |  |
Current portion |  |  | 1,856 |  |  |  | 1,531 |
Non-current portion |  |  | 3,973 |  |  |  | 5,102 |
Balance as of December 31 |  |  | 5,829 |  |  |  | 6,633 |
The future cash disbursements in relation to lease liabilities have been disclosed in note 30.

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- Definition The entire disclosure for leases. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 16 -IssueDate 2021-01-01 -Section Presentation -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=16&code=ifrs-tx-2021-en-r&doctype=Standard&dita_xref=IFRS16_g47-50_TI -URIDate 2021-03-24 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 16 -IssueDate 2021-01-01 -Section Disclosure -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=16&code=ifrs-tx-2021-en-r&doctype=Standard&dita_xref=IFRS16_g51-60_TI -URIDate 2021-03-24 + Details
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