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OTHER ASSETS AND OTHER LIABILITIES, Movement of Investment Properties (Details)
S/ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
PEN (S/)
[1]
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Changes in investment property [Abstract]      
Beginning Balance S/ 466,859 $ 466,859  
Ending Balance S/ 469,113 469,113 $ 466,859
Impairment losses [2]   1,410 1,410
Cost [Member]      
Changes in investment property [Abstract]      
Beginning Balance   513,918 491,366
Additions [3]   12,068 26,533
Sales [4]   0 (233)
Disposals and other   949 (3,748)
Ending Balance   526,935 513,918
Accumulated Depreciation [Member]      
Changes in investment property [Abstract]      
Beginning Balance   45,649 39,027
Sales [4]   0 (148)
Disposals and other   3,461 (248)
Depreciation for the period   7,302 7,018
Ending Balance   56,412 45,649
Land [Member]      
Changes in investment property [Abstract]      
Ending Balance   274,080  
Impairment losses [2]   689  
Land [Member] | Cost [Member]      
Changes in investment property [Abstract]      
Beginning Balance   263,439  
Additions [3]   12,068  
Sales [4]   0  
Disposals and other   (738)  
Ending Balance   274,769 263,439
Land [Member] | Accumulated Depreciation [Member]      
Changes in investment property [Abstract]      
Beginning Balance   0  
Sales [4]   0  
Disposals and other   0  
Depreciation for the period   0  
Ending Balance   0 0
Buildings [Member]      
Changes in investment property [Abstract]      
Ending Balance   195,033  
Impairment losses [2]   721  
Buildings [Member] | Cost [Member]      
Changes in investment property [Abstract]      
Beginning Balance   250,479  
Additions [3]   0  
Sales [4]   0  
Disposals and other   1,687  
Ending Balance   252,166 250,479
Buildings [Member] | Accumulated Depreciation [Member]      
Changes in investment property [Abstract]      
Beginning Balance   45,649  
Sales [4]   0  
Disposals and other   3,461  
Depreciation for the period   7,302  
Ending Balance   $ 56,412 $ 45,649
[1] Investment properties -
[2] The Group’s Management has determined that the recoverable value of its investment properties is greater than their net carrying amount.
[3] As of December 31, 2021, in order to consolidate the real estate projects, the Group has made disbursements of improvements for S/12.1 million. Among the main disbursements is the IPAE building located in the city of Arequipa for S/5.8 million, Torre Pacifico located in Esquina Tamayo and Juan de Arona in the district of San Isidro, Lima for S/4.3 million and other minor ones for S /2.0 million. As of December 31, 2020, the main additions correspond to the acquisition of land located in the Comas district in the city of Lima for the amount of S/12.5 million. Likewise, in order to consolidate the real estate projects, the Group has made disbursements mainly for the improvements of buildings one of them located in Arequipa for the amount of S/5.1 million, the other located in Trujillo for approximately S/3.8 million and also improvements on the 13th floor of Panorama building located in the district of Santiago de Surco, Lima amounted of S/2.4 million.
[4] No sales have been made during the 2021.The amount for sales for the 2020 period is mainly due to the sale of a store N.112 located in the Jr. Huallaga (Lima) building, whose sale value was S/0.08 million (disposal cost amounted to S/0.09 million).