Financial obligations (Tables)
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12 Months Ended |
Dec. 31, 2024 |
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| Financial obligations |
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| Schedule of financial obligations |
| (a) | This caption is made up as follow: |
| | | | | | | 2024 | | 2023 | | | US$(000) | | US$(000) | Compañía de Minas Buenaventura S.A.A. | | | | | Bonds (b)- | | | | | Senior Notes at 5.50% due 2026 (b) | | 546,184 | | 544,062 | | | | | | Sociedad Minera El Brocal S.A.A. (e) | | | | | Banco de Crédito del Perú – Financial obligation | | — | | 72,852 | Debt issuance costs | | — | | (90) | | | — | | 72,762 | Empresa de Generación Huanza S.A. (f) | | | | | Banco de Crédito del Perú – Finance lease | | 73,125 | | 79,436 | | | | | | Lease liabilities (i) | | | | | Finance lease | | 7,473 | | 10,320 | Total financial obligations | | 626,782 | | 706,580 | | | | | | Classification by maturity: | | | | | Current portion | | 9,169 | | 34,219 | Non-current portion | | 617,613 | | 672,361 | Total financial obligations | | 626,782 | | 706,580 |
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| Summary of minimum future rents payable |
| (g) | The long-term portion of the financial obligations held by the Group matures as follows: |
| | | | | | | 2024 | | 2023 | | | US$(000) | | US$(000) | | | | | | Between 1 and 2 years (year 2026/2025) | | 8,566 | | 101,885 | Between 2 and 5 years (2027/2026 – 2029/2028) | | 610,718 | | 573,892 | More than 5 years (2030/2029 - forward) | | 2,145 | | 2,576 | | | 621,429 | | 678,353 | Debt issuance costs | | (3,816) | | (5,992) | | | | | | | | 617,613 | | 672,361 |
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| Schedule of reconciliation of liabilities arising from financing activities |
| (h) | Below is presented the movement of the debt excluding interest: |
| | | | | | | | | 2024 | | 2023 | | 2022 | | | US$(000) | | US$(000) | | US$(000) | | | | | | | | Beginning balance | | 706,580 | | 738,534 | | 1,057,975 | Bonds - | | | | | | | Amortization of debt issuance costs in results, note 29(a) | | 2,122 | | 2,082 | | 1,963 | | | | | | | | Financial obligations - | | | | | | | Payments | | (79,602) | | (31,034) | | (323,057) | Reversal of the amortized cost of the syndicated loan, note 29(a) | | — | | (85) | | (8,855) | Amortization of debt issuance costs in results, note 29(a) | | 700 | | 155 | | 2,820 | Effect of amortized cost, note 29(a) | | — | | — | | 515 | | | | | | | | Lease obligations - | | | | | | | Additions | | 497 | | 1,137 | | 11,712 | Accretion expense, note 29(a) | | 623 | | 266 | | 99 | Payments | | (4,138) | | (4,475) | | (4,638) | Final balance | | 626,782 | | 706,580 | | 738,534 |
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| Schedule of lease liabilities |
| | | | | | | 2024 | | 2023 | | | US$(000) | | US$(000) | | | | | | Buildings (j) | | 6,101 | | 7,412 | Transportation units (i) | | 565 | | 1,877 | Machinery and equipment | | 807 | | 1,031 | | | | | | | | 7,473 | | 10,320 | Classification by maturity: | | | | | Current portion | | 1,819 | | 2,087 | Non-current portion | | 5,654 | | 8,233 | | | 7,473 | | 10,320 |
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| Schedule of future minimum rentals payable |
| | | | | | | 2024 | | 2023 | | | US$(000) | | US$(000) | | | | | | Less than 1 year (2025) | | 864 | | 2,281 | Between 1 and 5 years (2026-2029) | | 4,724 | | 5,076 | More than 5 years (2023 - forward) | | 1,822 | | 4,238 | | | 7,410 | | 11,595 |
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