Revenue From Contracts with Customers (Tables)

12 Months Ended

Dec. 31, 2023

Revenue from Contracts with Customers [Abstract]

Schedule of Corporation’s Revenue is Derived

For the years ended December 31, the Corporation’s revenue is derived principally from:

In thousands of soles	2021		2022		2023
Construction activities		2,467,477		2,451,067		2,443,984
Services provided		1,094,439		1,104,900		1,103,323
Sale of real estate and goods		579,482		849,157		754,168
Revenue from contracts with customers		4,141,398		4,405,124		4,301,475

Schedule of Revenues from Contracts with Customers

Revenues from contracts with customers are mainly broken down by:

For the year ended December 31,	Engineering and construction						Energy						Infrastructure						Real estate						Parent Company operations						Total
In thousands of soles	2021		2022		2023		2021		2022		2023		2021		2022		2023		2021		2022		2023		2021		2022		2023		2021		2022		2023
Primary geographical markets
Peru		1,862,176		1,794,735		1,465,538		541,859		633,792		682,682		638,358		745,750		738,319		239,391		367,276		219,660		2,889		2,912		26,342		3,284,673		3,544,465		3,132,541
Chile		750,565		708,996		557,785		-		-		-		-		-		-		-		-		-		-		-		-		750,565		708,996		557,785
Colombia		106,160		151,663		611,149		-		-		-		-		-		-		-		-		-		-		-		-		106,160		151,663		611,149
		2,718,901		2,655,394		2,634,472		541,859		633,792		682,682		638,358		745,750		738,319		239,391		367,276		219,660		2,889		2,912		26,342		4,141,398		4,405,124		4,301,475
Major products/ service lines
Construction activities		2,467,477		2,451,067		2,443,984		-		-		-		-		-		-		-		-		-		-		-		-		2,467,477		2,451,067		2,443,984
Engineering services		251,424		204,327		190,488		-		-		-		-		-		-		-		-		-		-		-		-		251,424		204,327		190,488
Oil and gas extraction, storage and dispatching services		-		-		-		192,103		145,874		143,552		-		-		-		-		-		-		-		-		-		192,103		145,874		143,552
Transportation services		-		-		-		-		-		-		347,377		387,049		411,274		-		-		-		-		-		-		347,377		387,049		411,274
Road concession services		-		-		-		-		-		-		287,331		354,289		322,244		-		-		-		-		-		-		287,331		354,289		322,244
Water treatment service		-		-		-		-		-		-		3,650		4,412		4,801		-		-		-		-		-		-		3,650		4,412		4,801
Property rental		-		-		-		-		-		-		-		-		-		9,665		6,037		4,622		-		-		-		9,665		6,037		4,622
Parent company and other entities		-		-		-		-		-		-		-		-		-		-		-		-		2,889		2,912		26,342		2,889		2,912		26,342
Sale of real estate and lots		-		-		-		-		-		-		-		-		-		229,726		361,239		215,038		-		-		-		229,726		361,239		215,038
Sale of oil and gas		-		-		-		349,756		487,918		539,130		-		-		-		-		-		-		-		-		-		349,756		487,918		539,130
		2,718,901		2,655,394		2,634,472		541,859		633,792		682,682		638,358		745,750		738,319		239,391		367,276		219,660		2,889		2,912		26,342		4,141,398		4,405,124		4,301,475
Timing of revenue recognition
Transferred at a point in time		-		-		-		541,859		633,792		682,682		-		-		-		239,391		367,276		219,660		2,889		2,912		26,342		784,139		1,003,980		928,684
Transferred over time		2,718,901		2,655,394		2,634,472		-		-		-		638,358		745,750		738,319		-		-		-		-		-		-		3,357,259		3,401,144		3,372,791
		2,718,901		2,655,394		2,634,472		541,859		633,792		682,682		638,358		745,750		738,319		239,391		367,276		219,660		2,889		2,912		26,342		4,141,398		4,405,124		4,301,475
Revenue from contracts with customers		2,718,901		2,655,394		2,634,472		541,859		633,792		682,682		638,358		745,750		738,319		239,391		367,276		219,660		2,889		2,912		26,342		4,141,398		4,405,124		4,301,475

Schedule of Balances of Contract Assets and Liabilities

The balances of contract assets and liabilities are mainly comprised for:

In thousands of soles	Note	2022			2023
Receivables	10.a		357,704			204,167
Unbilled receivables	10.b y c		1,444,747			1,626,605
Guarantee deposits	12.b		194,885			163,740
Advances received from customers	20.a		(365,730	)		(241,469	)

Schedule of Movement in Contract Liabilities

The movement in contract liabilities as of December 31, 2021, 2022 and 2023 is detailed below:

In thousands of soles	2021			2022			2023
Balance at January, 1		280,970			322,680			365,730
Advances received from customers		707,009			769,504			430,578
Compensation of customer advances		(665,299	)		(726,454	)		(554,839	)
Balance		322,680			365,730			241,469

Schedule of Expected Future Income from Signed Contracts

The detail by operating segments as of December 31, 2023, and the dates on which they are estimated to be carried out, is shown in the following table:

	Annual Backlog
In thousands of soles	2024			2025			2026+			Total
Engineering and Construction		2,113,267			499,818			-			2,613,085
Infrastructure		673,401			655,690			661,051			1,990,142
Real estate		145,876			8,039			-			153,915
Intercompany eliminations		(164,606	)		(154,818	)		(159,436	)		(478,860	)
		2,767,938			1,008,729			501,615			4,278,282