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Other Comprehensive Income
12 Months Ended
Dec. 31, 2018
Text block [abstract]  
Other Comprehensive Income
31

OTHER COMPREHENSIVE INCOME

The analysis of this account is reflected below:

 

     Cash flow
hedge
    Foreign
currency
translations
adjustment
    Increase in
fair value of
available-for
sale assets
    Exchange
difference
from net
investment
in a foreign
operation
    Total  

At January 31, 2016

     (926 )      (64,441 )      51,142       (17,740 )      (31,965 ) 

Credit (charge) for the year

     1,190       9,885       (3,149 )      10,965       18,891  

Tax effects

     (351 )      —         929       (3,243 )      (2,665 ) 

Transfer to profit or loss (Note 10)

     —         —         (41,461 )      1,563       (39,898 ) 
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Other comprehensive income of the year

     839       9,885       (43,681 )      9,285       (23,672 ) 
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

At December 31, 2016

     (87 )      (54,556 )      7,461       (8,455 )      (55,637 ) 
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Credit (charge) for the year

     650       (9,166 )      —         9,222       706  

Tax effects

     (192 )      —         —         (2,729 )      (2,921 ) 
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Other comprehensive income of the year

     458       (9,166 )      —         6,493       (2,215 ) 
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

At December 31, 2017

     371       (63,722 )      7,461       (1,962 )      (57,852 ) 
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Credit (charge) for the year

     160       (7,875 )      —         (10,800 )      (18,515 ) 

Tax effects

     (47 )      —         —         2,808       2,761  

Transfer to profit or loss (*)

     —         14,805       —         —         14,805  
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Other comprehensive income of the year

     113       6,930       —         (7,992 )      (949 ) 
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

At December 31, 2018

     484       (56,792 )      7,461       (9,954 )      (58,801 ) 
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

(*)

The amount of S/14.8 million corresponds to the recognition of the translation adjustment from CAM Chile S.A., an indirect subsidiary sold in December 2018.

The amounts in the above table only represent amounts attributable to the Company’s controlling interest, net of tax. The table below shows the movement in other comprehensive income per year:

 

     2016      2017      2018  

Controlling interest

     (23,672 )       (2,215 )       (949 ) 

Non-controlling interest

     4,194        (3,117 )       (1,346 ) 

Adjustment for actuarial gains and losses, net of tax

     (1,121 )       (2,948 )       16,589  
  

 

 

    

 

 

    

 

 

 

Total value in OCI

     (20,599 )       (8,280 )       14,294