FINANCIAL INSTRUMENTS CLASSIFICATION (Tables)

12 Months Ended

Dec. 31, 2021

FINANCIAL INSTRUMENTS CLASSIFICATION [Abstract]

Carrying Amounts of Financial Assets and Liabilities

The table below shows the carrying amounts of the financial assets and liabilities captions in the consolidated statement of financial position, by categories as defined under IFRS 9 as of December 31,2021 and 2020:

2021

2020

Financial assets and liabilities at fair value through profit or loss

Financial assets at fair value through other comprehensive income

Financial assets and liabilities at fair value through profit or loss

Financial assets at fair value through other comprehensive income

Investments and hedges

Investments designated at inception

Investments

Investments designated at inception

Financial assets and liabilities measured at amortized cost

Total

Investments and hedges

Investments designated at inception

Investments

Investments designated at inception

Financial assets and liabilities measured at amortized cost

Total

S/(000)

S/(000)

S/(000)

S/(000)

S/(000)

S/(000)

S/(000)

S/(000)

S/(000)

S/(000)

S/(000)

S/(000)

Assets

Cash and due from banks

–

–

–

–

39,320,740

39,320,740

–

–

–

–

36,752,994

36,752,994

Guarantee funds, reverse repurchase agreements and securities borrowings

–

–

–

–

1,766,948

1,766,948

–

–

–

–

2,394,302

2,394,302

At fair value through profit or loss

5,928,497

–

–

–

–

5,928,497

6,467,471

–

–

–

–

6,467,471

Investments at fair value through other comprehensive income, Note 6(b)

–

–

34,380,552

377,891

–

34,758,443

–

–

43,241,339

502,550

–

43,743,889

Amortized cost investments

–

–

–

–

8,265,559

8,265,559

–

–

–

–

4,962,382

4,962,382

Loans, net

–

–

–

–

139,120,104

139,120,104

–

–

–

–

127,761,125

127,761,125

Financial assets designated at fair value through profit or loss

–

974,664

–

–

–

974,664

–

823,270

–

–

–

823,270

Premiums and other policies receivable

–

–

–

–

921,103

921,103

–

–

–

–

937,223

937,223

Accounts receivable from reinsurers and coinsurers

–

–

–

–

1,198,379

1,198,379

–

–

–

–

919,419

919,419

Due from customers on acceptances

–

–

–

–

532,404

532,404

–

–

–

–

455,343

455,343

Other assets, Note 13(a)

1,661,628

–

–

–

1,797,134

3,458,762

1,214,497

–

–

–

1,823,556

3,038,053

7,590,125

974,664

34,380,552

377,891

192,922,371

236,245,603

7,681,968

823,270

43,241,339

502,550

176,006,344

228,255,471

Liabilities

Deposits and obligations

–

–

–

–

150,340,862

150,340,862

–

–

–

–

142,365,502

142,365,502

Payables from repurchase agreements and securities lending

–

–

–

–

22,013,866

22,013,866

–

–

–

–

27,923,617

27,923,617

Due to banks and correspondents

–

–

–

–

7,212,946

7,212,946

–

–

–

–

5,978,257

5,978,257

Bankers’ acceptances outstanding

–

–

–

–

532,404

532,404

–

–

–

–

455,343

455,343

Accounts payable to reinsurers and coinsurers

–

–

–

–

463,825

463,825

–

–

–

–

338,446

338,446

Lease liabilities

–

–

–

–

655,294

655,294

–

–

–

–

750,578

750,578

Financial liabilities at fair value through profit or loss

325,571

–

–

–

–

325,571

561,602

–

–

–

–

561,602

Bonds and notes issued

–

–

–

–

17,078,829

17,078,829

–

–

–

–

16,319,407

16,319,407

Other liabilities, Note 13(a)

1,524,761

–

–

–

3,833,434

5,358,195

1,205,213

–

–

–

3,273,754

4,478,967

1,850,332

–

–

–

202,131,460

203,981,792

1,766,815

–

–

–

197,404,904

199,171,719