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Related Party Disclosure | 12 Months Ended
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Dec. 31, 2021
Related Party Disclosure [Abstract] |
Related party disclosure |
| 27. | Related party disclosure
Transactions with related entities - During 2021, 2020 and 2019, the Company carried out the following transactions with its parent company Inversiones ASPI S.A. and its affiliates:
|  | 2021 |  |  | 2020 |  |  | 2019 |
|  | S/(000) |  |  | S/(000) |  |  | S/(000) |
Income |  |  |  |  |  |  |  |  |
Inversiones ASPI S.A. (ASPI) |  |  |  |  |  |  |  |  |
Income from office lease |  |  | 20 |  |  |  | 17 |  |  |  | 12 |
Fees for management and administrative services |  |  | 98 |  |  |  | 88 |  |  |  | 544 |
Compañía Minera Ares S.A.C. (Ares) |  |  |  |  |  |  |  |  |  |  |  |
Income from land lease, note 29 |  |  | 1,230 |  |  |  | 1,303 |  |  |  | 344 |
Income from office lease |  |  | 332 |  |  |  | 478 |  |  |  | 323 |
Fossal S.A.A. (Fossal) |  |  |  |  |  |  |  |  |  |  |  |
Income from office lease |  |  | 18 |  |  |  | 19 |  |  |  | 15 |
Fees for management and administrative services |  |  | 52 |  |  |  | 48 |  |  |  | 40 |
Fosfatos del Pacífico S.A. (Fospac) |  |  |  |  |  |  |  |  |  |  |  |
Income from office lease |  |  | 19 |  |  |  | 24 |  |  |  | 28 |
Fees for management and administrative services |  |  | 155 |  |  |  | 698 |  |  |  | 1,160 |
Asociación Sumac Tarpuy |  |  |  |  |  |  |  |  |  |  |  |
Income from office lease |  |  | 20 |  |  |  | 18 |  |  |  | - |
Expense |  |  |  |  |  |  |  |  |  |  |  |
Security services provided by Compañía Minera Ares |  |  | 2,836 |  |  |  | 1,912 |  |  |  | 1,989 |
Loans |  |  |  |  |  |  |  |  |  |  |  |
Loans to Fossal S.A.A. |  |  | (14,252 | ) |  |  | - |  |  |  | - |
Loans to Fosfatos del Pacífico S.A. |  |  | (2,869 | ) |  |  | - |  |  |  | - |
Loan collection from Fossal S.A.A. |  |  | 14,252 |  |  |  | - |  |  |  | - |
Loan collection from Fosfatos del Pacífico S.A. |  |  | 2,869 |  |  |  | - |  |  |  | - |
As a result of these transactions, the Company had the following rights and obligations as of December 31, 2021 and 2020:
|  | 2021 |  |  | 2020 |
|  | Accounts receivable |  |  | Accounts payable |  |  | Accounts receivable |  |  | Accounts payable |
|  | S/(000) |  |  | S/(000) |  |  | S/(000) |  |  | S/(000) |
Fosfatos del Pacífico S.A. |  |  | 1,039 |  |  |  | 37 |  |  |  | 1,449 |  |  |  | - |
Compañía Minera Ares S.A.C. |  |  | 199 |  |  |  | - |  |  |  | 678 |  |  |  | 1,348 |
Fossal S.A. |  |  | 12 |  |  |  | - |  |  |  | - |  |  |  | - |
Inversiones ASPI S.A. |  |  | - |  |  |  | 105 |  |  |  | - |  |  |  | 211 |
Other |  |  | 64 |  |  |  | 1 |  |  |  | 85 |  |  |  | - |
|  |  | 1,314 |  |  |  | 143 |  |  |  | 2,212 |  |  |  | 1,559 |
Terms and conditions of transactions with related parties - Outstanding balances with related parties at the year-end are unsecured and interest free and settlement occurs in cash. For the years ended as of December 31, 2021, 2020 and 2019, the Group has not recorded allowance for expected credit losses relating to amounts owed by related parties. This assessment is undertaken each financial year through examining the financial position of the related party and the market in which the related party operates. Compensation of key management personnel of the Group – The compensation paid to key management personnel includes expenses for profit-sharing, compensation and other concepts for members of the Board of Directors and the key management. As of December 31, 2021, the total short-term compensation amounted to S/22,678,000 (2020: S/21,859,000 and 2019: S/23,692,000) and the total long-term compensation amounted to S/9,763,000 (2020: S/5,759,000 and 2019: S/6,523,000), and there were no post-employment or contract termination benefits or share-payments.

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- Definition The entire disclosure for related parties. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 24 -IssueDate 2021-01-01 -Section Disclosures -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=24&code=ifrs-tx-2021-en-r&doctype=Standard&dita_xref=IAS24_g13-24_TI -URIDate 2021-03-24 + Details
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