v3.25.1
Property, Plant and Equipment (Tables)
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment The composition and movement of the item as of the date of the consolidated statement of financial position is presented below:
   Mining concessions (b)   Mine development costs (b)   Land   Buildings and other construction   Machinery, equipment and related spare parts   Furniture and accessories   Transportation units   Computer equipment and tools   Quarry rehabilitation costs   Capitalized interest (f)   Work in progress (d) and units
in transit		   Total 
   S/(000)   S/(000)   S/(000)   S/(000)   S/(000)   S/(000)   S/(000)   S/(000)   S/(000)   S/(000)   S/(000)   S/(000) 
                                                 
Cost                                                
                                                 
As of January 1, 2023   75,914    65,842    255,135    694,554    1,711,540    11,080    107,337    41,304    11,775    68,165    172,821    3,215,467 
Additions   36,184    19,870    3,449    -    25,891    432    160    3,209    4,458    6,132    174,435    274,220 
Sales and/or retirement   -    (101)   -    -    (41,075)   (162)   (2,064)   (316)   -    -    (559)   (44,277)
Transfers, note 10   -    (14,521)   -    127,675    186,727    (271)   (50)   990    -    -    (300,616)   (66)
As of December 31, 2023   112,098    71,090    258,584    822,229    1,883,083    11,079    105,383    45,187    16,233    74,297    46,081    3,445,344 
Additions   -    1,023    1,827    -    20,710    872    2,472    4,164    1,465    -    40,788    73,321 
Sales and/or retirement   (1,668)   (247)   (268)   -    (1,056)   (136)   (4,825)   (227)   -    -    (1,149)   (9,576)
Transfers, note 10   -    (8,077)   -    214,297    (162,491)   149    2,063    1,603    -    -    (47,778)   (234)
As of December 31, 20234   110,430    63,789    260,143    1,036,526    1,740,246    11,964    105,093    50,727    17,698    74,297    37,942    3,508,855 
                                                             
Accumulated depreciation                                                            
                                                             
As of January 1, 2023   12,400    10,868    -    176,478    783,525    8,408    79,014    25,429    2,522    10,542    -    1,109,186 
Additions   72    422    -    20,113    98,915    516    6,252    3,606    128    1,625    -    131,649 
Sales and/or retirement   -    (56)   -    
 
    (22,620)   (153)   (1,896)   (201)   -    -    -    (24,926)
Transfers, note 10   -    -    -    2,065    (2,030)   -    (35)   -    -    -    -    - 
As of December 31, 2023   12,472    11,234    -    198,656    857,790    8,771    83,335    28,834    2,650    12,167    -    1,215,909 
Additions   72    424    -    21,858    104,237    484    5,300    4,184    167    1,646    -    138,372 
Sales and/or retirement   (259)   -    -    -    (760)   (124)   (4,339)   (207)   -    -    -    (5,689)
Transfers, note 10   -    (171)   -    86,734    (86,431)   -    -    -    -    -    -    132 
As of December 31, 2024   12,285    11,487    -    307,248    874,836    9,131    84,296    32,811    2,817    13,813    -    1,348,724 
                                                             
Impairment (b)                                                            
As of January 1, 2023   42,859    24,048    3,624    13,579    12,918    200    26    454    -    -    735    98,443 
Additions   9,197    525    361    17,459    17,669    8    1    -    -    1,413    2,686    49,319 
Lows   -    -    -    -    (17,669)   (8)   (1)   -    -    -    -    (17,678)
As of December 31, 2023   52,056    24,573    3,985    31,038    12,918    200    26    454    -    1,413    3,421    130,084 
                                                             
Lows   (1,092)   -    -    -    -    -    -    -    -    -    -    (1,092)
As of December 31, 2024   50,964    24,573    3,985    31,038    12,918    200    26    454    -    1,413    3,421    128,992 
                                                             
Net book value                                                            
As of December 31, 2023   47,570    35,283    254,599    592,535    1,012,375    2,108    22,022    15,899    13,583    60,717    42,660    2,099,351 
                                                             
As of December 31, 2024   47,181    27,729    256,158    698,240    852,492    2,633    20,771    17,462    14,881    59,071    34,521    2,031,139 
(b)Mining concessions mainly include acquisitions costs related to coal concessions acquired in previous years and the cost of certain concessions acquired in January 2023 for exploration activities in areas of interest to the cement business for S/34,350,000, through the purchase of the company Corporación Materiales Piura S.A.C.

 

(c)The Group has assessed the recoverable value of its remaining property, plant and equipment and, except as specifically mentioned in (g), has not identified indications of impairment losses for these assets as of December 31, 2024 and 2023.

 

(d)Work in progress included in property, plant and equipment as of December 31, 2024 and 2023 is mainly related to complementary facilities of the cement plants.

 

(e)As of December 31, 2024, the Group maintains accounts payable related to the acquisition of property, plant and equipment for S/17,122,000 (S/9,379,000 as of December 31, 2023), see note 11.

 

(f)The borrowing costs are mainly related to the construction of the cement plant located in Piura and to a lesser extent to the construction of the Clinker Lines Optimization Project – Kiln 4 in the city of Pacasmayo. Both plants are already in operation.

 

(g)In previous years management recognized a full impairment related to the total net book value of a closed zinc mining unit which included concession costs, development costs and related facilities and equipment.