v3.25.1
Consolidated Statement of Cash Flows - PEN (S/)
S/ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating activities      
Profit before income tax S/ 296,187 S/ 245,708 S/ 262,420
Non-cash adjustments to reconcile profit before income tax to net cash flows from operating activities      
Depreciation and amortization 158,246 144,195 138,539
Finance costs 100,308 104,045 95,105
Impairment to retirement of property, plant and equipment 36,551
Long-term incentive plan 7,167 7,632 8,272
Provision for inventory obsolescence 6,418 2,956 1,977
Allowance for expected credit losses 2,751 1,707 1,972
Net (gain) loss on derivative financial instruments recognized at fair value through profit or loss (19) 59
Finance income (6,298) (7,246) (3,306)
Exchange difference related to monetary transactions 1,048 (973) 3,804
Net gain on disposal of property, plant and equipment and intangible assets (3,642) (813) (591)
Other items that do not generate operating flows, net 7,347 18,021 10,413
Working capital adjustments      
Increase in trade and other receivables (34,194) (1,870) (3,695)
Decrease (increase) in inventories 5,904 90,581 (282,554)
(Increase) decrease in prepayments (951) 13,210 (10,099)
(Decrease) increase in trade and other payables (14,894) (48,680) 60,571
Adjustments to reconcile profit (loss) 525,397 605,005 282,887
Interest received 6,422 7,315 3,668
Interest paid (99,678) (96,907) (80,573)
Income tax paid (111,000) (103,090) (94,163)
Net cash flows from operating activities 321,141 412,323 111,819
Investing activities      
Opening of term deposits with original maturity greater than 90 days (32,782) (10,000)
Redemption of term deposits with original maturity greater than 90 days 32,782 10,000
Purchase of property, plant and equipment (64,318) (272,600) (162,785)
Purchase of intangible assets (16,563) (16,707) (15,712)
Purchase of investments available for sale (360) (363)
Loans granted (97) (1,679) (141)
Cash flow proceeds from sale of property, plant and equipment 4,403 1,392 2,664
Proceeds from loans 326 150 149
Net cash flows used in investing activities (76,609) (289,444) (176,188)
Financing activities      
Proceeds from bank overdraft 85,333
Payment of bank overdraft (85,333)
Payment of bank loans (384,364) (661,520) (448,984)
Dividends paid (175,046) (175,431) (179,820)
Payment for hedging instrument (7,708) (15,390)
Lease payments (5,426) (3,564) (2,511)
Bank loans received 303,200 639,000 525,000
Dividends returned 297 465 229
Cash flow from settlement of derivative financial instruments 93,323
Net cash flows used in financing activities (261,339) (115,435) (121,476)
Net (decrease) increase in cash and cash equivalents (16,807) 7,444 (185,845)
Net foreign exchange difference (663) 976 (5,784)
Cash and cash equivalents as of January 1 90,193 81,773 273,402
Cash and cash equivalents as of December 31 72,723 90,193 81,773
Transactions with no effect on cash flows:      
Unrealized exchange difference related to monetary transactions 1,048 (973) 3,804
Outstanding accounts payable related to acquisition of property, plant and equipment (17,122) 9,379 14,560
Addition of right-of-use assets and lease liabilities 6,915 613
Additions of quarry rehabilitation costs S/ 1,465 S/ 4,458 S/ 2,745