Other Provisions (Tables)

12 Months Ended

Dec. 31, 2023

Other Provisions [Abstract]

Schedule of Movement

For the periods ended 31 December 2021, 2022 and 2023, the movement in this item is as follows:

							Provision for
	Legal			Tax			closure
In thousands of soles	(a)			(b)			(c)			Total
As of January 1, 2021		326,868			8,176			52,949			387,993
Additions		59,109			31,221			10,815			101,145
Present value		19,627			-			9,780			29,407
Reversal of provisions		(13,027	)		-			(2,957	)		(15,984	)
Transfers		466			(299	)		716			883
Reclasification		(3,335	)		-			3,335			-
Compensation		(8,541	)		-			-			(8,541	)
Desconsolidation of subsidiary		(1,657	)		-			-			(1,657	)
Payments		(26,863	)		(916	)		(185	)		(27,964	)
Translation adjustment / Exchange difference		11,738			-			8,022			19,760
As of December 31, 2021		364,385			38,182			82,475			485,042
Current portion		117,520			17,492			20,533			155,545
Non-current portion		246,865			20,690			61,942			329,497
		364,385			38,182			82,475			485,042

							Provision for
	Legal			Tax			closure
In thousands of soles	(a)			(b)			(c)			Total
As of January 1, 2022		364,385			38,182			82,475			485,042
Additions		278,446			15,891			-			294,337
Present value		1,042			-			(2,496	)		(1,454	)
Reversal of provisions		(1,802	)		(434	)		(9,694	)		(11,930	)
Transfers (*)		(5,587	)		(62	)		-			(5,649	)
Payments		(40,253	)		-			(747	)		(41,000	)
Translation adjustment / Exchange difference		(16,015	)		-			(1,378	)		(17,393	)
As of December 31, 2022		580,216			53,577			68,160			701,953
Current portion		87,948			33,127			11,851			132,926
Non-current portion		492,268			20,450			56,309			569,027
		580,216			53,577			68,160			701,953

(*) In 2022, it mainly corresponds to reclassification to other accounts payable for payment obligations due to the subscription of the share purchase agreement between Cumbra Peru S.A. and Stracon S.A., amounting to S/ 4.9 million and the fine corresponding to the fractionation of the sanction imposed by SUNAFIL amounting to S/ 0.2 million.

							Provision for
	Legal			Tax			closure
In thousands of soles	(a)			(b)			(c)			Total
As of January 1, 2023		580,216			53,577			68,160			701,953
Additions		14,784			11,668			6,545			32,997
Present value		919			-			4,339			5,258
Reversal of provisions		(8,229	)		(1,687	)		(11,806	)		(21,722	)
Reclassifications		(488,007	)		(4,195	)		-			(492,202	)
Payments		(6,970	)		-			(2,321	)		(9,291	)
Translation adjustment / Exchange difference		(1,184	)		-			(656	)		(1,840	)
As of December 31, 2023		91,529			59,363			64,261			215,153
Current portion		76,871			28,780			11,435			117,086
Non-current portion		14,658			30,583			52,826			98,067
		91,529			59,363			64,261			215,153