Finance Income and Expenses – Interest for Present Value of Financial Assets or Liabilities (Tables)

12 Months Ended

Dec. 31, 2023

Finance Income and Expenses – Interest for Present Value of Financial Assets or Liabilities [Abstract]

Schedule of Financial Expenses

For the years ended December 31, these items include the following:

In thousands of soles	2021		2022		2023
Financial income:
Interest on short-term bank deposits		959		12,894		29,156
Commercial interests		438		856		883
Interest on loans to third parties		442		127		185
Other		807		1,577		1,076
		2,646		15,454		31,300
Financial expenses:
Interest expense on:
- Bank loans		55,290		64,010		94,252
- Bonds		36,830		34,844		18,102
- Loans from third parties		12,642		6,345		7,236
- Financial lease right-of-use		3,982		4,505		4,714
- Financial lease		862		474		9
Commissions and collaterals		23,034		22,389		14,599
Interest from Tax Administration		14,236		16,326		19,802
Exchange difference loss, net		47,211		269		23,162
Factoring expenses		93		1,973		3,171
Other financial expenses		2,235		5,339		4,997
		196,415		156,474		190,044

Schedule of Present Value of Financial Assets or Liabilities

Interests for present value of financial assets or liabilities

In thousands of soles	2021			2022			2023
Interest income for present value of financial asset or liability (a)		3,127			13,299			8,956
Interest expenses for present value of financial asset or liability (b)		(66,159	)		(99,313	)		(6,380	)
		(63,032	)		(86,014	)		2,576

(a) Mainly corresponds to:

i. In 2023, adjustment to present value of the account receivable of Viva Negocio Inmobiliario S.A.C. to the Ministerio de Vivienda, Construcción y Saneamiento related to the Ancon Project, for S/3.9 million at a discount rate of 6.58%. (S/8 million at a discount rate of 7.99% in 2022 and S/1.7 million at a discount rate of 8% in 2021).

ii. In 2023, adjustment to the present value of the BCI loan in Inversiones en Autopistas S.A. for S/2.4 million due to a decrease in the rate from 9.97% to 9.2%.

(b) Mainly correspond to:

i. In 2023, adjustment to the present value of the closure provision for S/4.3 million, mainly due to Unna Energía S.A. for S/2.2 million and Red Vial 5 S.A. for S/1.8 million.

ii. In 2022, adjustment to the present value of the account receivable from Gasoducto Sur Peruano S.A. for S/72.2 million, due to the increase of discount rate applied from 2.73% to 5.86% (S/32.8 million due to an increase in the rate from 1.65% to 2.73% as of December 31, 2021).

iii. In 2022, due to the adjustment to the present value of the BCI loan in Inversiones en Autopistas S.A. for S/16.6 million due to a rate increase from 8.39% to 9.97% as of December 31, 2022 (S/12.4 million per rate increase from 6.45% to 8.39% as of December 31, 2021).