v3.25.1
Prepaid expenses
12 Months Ended
Dec. 31, 2024
Prepaid expenses  
Prepaid expenses

9.   Prepaid expenses

(a)This caption is made up as follows:

    

2024

    

2023

US$(000)

US$(000)

Right to use facilities paid in advance (b)

 

24,996

 

23,034

Prepaid insurance

 

13,760

 

22,325

Deferred costs of works for taxes

 

1,839

 

1,477

Other prepaid expenses

 

141

 

1,288

 

40,736

 

48,124

Classification by maturity:

 

  

 

  

Current portion

 

19,474

 

25,976

Non-current portion

 

21,262

 

22,148

 

40,736

 

48,124

See related accounting policies in Note 2.4(g).

(b)

Corresponds mainly to payments made in advance to Huanza a Orygen (before Enel) for an original amount of US$31,007,190 corresponding to the right to use the capacity of its hydraulic facilities. This prepayment is being charged to results during the life of the underlying assets (35 years) since January 2015.