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Other Accounts Payable

12 Months Ended

Dec. 31, 2022

20. Other Accounts Payable

As of December 31, this caption includes:

	Total				Current				Non-current
In thousands of soles	2021		2022		2021		2022		2021		2022
Advances received from customers (a)		322,680		365,730		315,644		350,194		7,036		15,536
Taxes payable		124,004		165,831		112,737		137,819		11,267		28,012
Salaries and other personnel payables (b)		126,466		99,225		126,466		99,225		-		-
Arbitration payable (c)		58,502		73,348		58,502		34,560		-		38,788
Accounts payable Consorcio Ductos del Sur (d)		77,665		25,652		29,242		12,921		48,423		12,731
Guarantee deposits (e)		26,017		18,552		26,017		18,552		-		-
Share purchase agreement - Inversiones Sur (f)		15,992		15,280		-		15,280		15,992		-
Acquisition of additional non-controlling interest - Vial y Vives DSD (g)		25,253		9,344		25,253		9,344		-		-
Royalties payable (h)		5,668		9,303		5,668		9,303		-		-
Put option liability on Morelco S.A.S. acquisition (i)		27,986		-		27,986		-		-		-
Other accounts payable		37,117		25,496		27,466		18,244		9,651		7,252
		847,350		807,761		754,981		705,442		92,369		102,319

(a)

Advances received from customers mainly correspond to the engineering and construction and real estate segments; and are deducted from invoicing in accordance with the terms of the agreements.

	Total				Current				Non-current
In thousands of soles	2021		2022		2021		2022		2021		2022
Vial y Vives - DSD S.A. - Quebrada Blanca Project (i)		120,642		91,107		120,642		91,107		-		-
Cumbra Peru S.A. - Jorge Chavez Airport (ii)		22,820		88,114		22,820		88,114		-		-
Viva Inmobiliaria S.A.C. - Real estate projects (iii)		80,188		85,741		80,188		85,741		-		-
Proyecto Especial de Infraestructura de Transporte Nacional		19,582		33,879		12,765		32,995		6,817		884
Cumbra Peru S.A. - San Gabriel – Buenaventura Project (iv)		-		33,206		-		18,743		-		14,463
Vial y Vives - DSD S.A. - Minera Spence (v)		-		12,536		-		12,536		-		-
Vial y Vives - DSD S.A. - Refineria ENAP (vi)		3,443		9,472		3,443		9,472		-		-
Cumbra Peru S.A. - Concentrator Plant and Quellaveco Tunnel		10,841		5,984		10,841		5,984		-		-
Cumbra Ingenieria S.A. - Mina Gold Fields La Cima S.A. Project		-		1,986		-		1,986		-		-
Vial y Vives - DSD S.A. - Modernization and expansion - Arauco Plant		52,063		-		52,063		-		-		-
Cumbra Peru S.A. - Piura Gas Pipeline Project		5,745		-		5,745		-		-		-
Cumbra Peru S.A. - Machu Picchu		4,748		-		4,748		-		-		-
Others		2,608		3,705		2,389		3,516		219		189
		322,680		365,730		315,644		350,194		7,036		15,536

(i)	Corresponds to advances received from Minera Teck for the construction and assembly of the Pebble crushing mill project, the advances are applied against reimbursable invoices through the approved PDEs. The balance at December 31, 2022 is S/91.1 million (S/120.6 million at December 31, 2021).

(ii)	The movement is due to the advance received in 2022 in Consorcio Inti Punku, for the LAP3 EPC project, corresponding to the construction of the Jorge Chavez airport terminal, for S/88 million and the amortization of the entire balance of 2021 S/22.8 million.

(iii)

As of December 31, 2022, advances from customers for the sale of real estate correspond to the following real estate projects: a) Parques de Comas S/74.8 million, b) Parques de Huancayo S/3.6 million, c) Parques de Carabayllo S/5.2 million, d) Parques del Callao S/1.5 million, e) other minor S/0.6 million (S/58.9 million, S/6.2 million, S/9 million, S/3.9 million, S/2.1 million, as of December 31, 2021, respectively).

(iv)

The balance is due to advances received during the fourth quarter of 2022 corresponding to an earthmoving project in the mining sector valued at US$ 87.3 million (approximately S/333.1 million), which started operations at the end of 2022. The balance as of December 31, 2022 is US$ 8.7 million (equivalent to S/33.2 million).

(v)	Design and construction project for improvements to the Ripios plant of Minera Spence, lump sum EPC contract. The balance at December 31, 2022 is S/12.5 million.

(vi)	Corresponds to the contract for the construction and assembly of two tanks to increase crude oil storage capacity at the BIOBIO refinery. The balance at December 31, 2022 is S/9.4 million (S/3.4 million at December 31, 2021).

(b)

Salaries and profit sharing payable are classified as follows:

In thousands of soles	2021		2022
Vacation		42,762		30,854
Compensation for time of service		46,103		27,964
Bonus salaries		15,910		23,393
Wages and salaries		9,105		8,915
Workers’ profit sharing		10,384		4,996
Other remuneration		2,202		3,103
		126,466		99,225

(c)

Obligations arising from arbitration awards at December 31, 2022 correspond to Empresa de Generacion Electrica Machupichu S.A. for S/38.1 million; Andritz Hydro S.A. for S/31.7 million; SEDAPAL S.A. for S/2.8 million; Programa Subsectorial de Irrigaciones - PSI for S/0.7 million (Andritz Hydro S.A. for S/58.5 million at December 31, 2021). During the years 2021 and 2022, as a result of those Abritation Awards, the Corporation recorded expenses for an amount of S/38.1 million and S/41.6 million, respectively, which is presented in the caption “Cost of sales and services” of the consolidated statement of income (Note 25.ii).

(d)

The other accounts payable of Consorcio Constructor Ductos del Sur corresponds to payment obligations to suppliers and main subcontractors for S/ 25.6 million (S/ 77.6 million as of December 31, 2021), assumed by the subsidiary Cumbra Peru S.A. as a result of the termination of operations of Gasoducto Sur Peruano S.A. (Note 14)

(e)

Correspond to withholdings from subcontractors to guarantee compliance with service contracts until completion of the work. As of December 31, 2022, the detail is composed of S/6.6 million in Cumbra Peru S.A.; S/2.5 million in Consorcio Inti Punku; S/2.5 million in Vial y Vives DSD; S/ 1.6 million in Unna Energia S.A.; S/ 4.1 million in Viva Negocio Inmobiliario S.A.C. and S/1.2 million in other minor. (for S/14.9 million in Cumbra Peru S.A.; S/1 million in Consorcio Inti Punku; S/4.7 million in Vial y Vives - DSD S.A.; S/ 1.8 million in Unna Energia S.A.; S/ 3.1 million in Viva Negocio Inmobiliario S.A.C. and S/0.5 million in other minor as of December 31, 2021).

(f)

Agreement signed between the Subsidiary Viva Inmobiliaria S.A. and Inversiones Sur S.A. regarding the purchase agreement of shares in the amount of US$4 million, maturing in 2023.

(g)

During 2016, GyM Chile S.P.A. acquired an additional 13.69% of shares in Vial y Vives - DSD S.A. at a total purchase price of S/ 51.1 million. As of December 31, 2022, the outstanding balance of this transaction amounts to S/ 9.3 million (S/ 25.3 million in 2021).

(h)

In compliance with the license agreement between Unna Energia S.A. and Perupetro S.A. for Lot III and Lot IV, payables corresponding to royalties were recorded as of December 31, 2022 totaling S/9.3 million (S/5.7 million as of December 31, 2021).

(i)

In 2021 Cumbra Peru S.A. renegotiated the terms of the put option agreement and in December 2021 acquired all non-controlling interest of Morelco, for US$ 15.4 million keeping an outstanding balance for US$7 million (equivalent to S/28 million). As a consequence of the liabilities renegotiation, Cumbra Peru S.A. recognized an income of S/70.3 million in ‘Other income and expenses’ (Note 27). As of December 31, 2022, Cumbra Peru S.A. settled all liabilities.