BUENAVENTURA MINING CO INC | CIK:0001013131 | 3

  • Filed: 4/30/2018
  • Entity registrant name: BUENAVENTURA MINING CO INC (CIK: 0001013131)
  • Generator: DataTracks
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1013131/000114420418023941/0001144204-18-023941-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1013131/000114420418023941/cik0001013131-20171231.xml
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  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001013131
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  • ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory

    6.
    Cash and cash equivalents
     
    (a)
    This caption is made up as follows:
     
     
     
    2017
     
    2016
     
     
     
    US$(000)
     
    US$(000)
     
     
     
     
     
     
     
     
     
    Cash
     
     
    327
     
     
    290
     
    Bank accounts (b)
     
     
    51,953
     
     
    48,754
     
    Time deposits (c)
     
     
    162,271
     
     
    31,500
     
     
     
     
     
     
     
     
     
     
     
     
    214,551
     
     
    80,544
     
     
    (b)
    Bank accounts earn interest at floating rates based on market rates.
     
    (c)
    As of December 31, 2017 and 2016, time deposits were kept in prime financial institutions, which generated interest at annual market rates and had original maturities of less than 90 days, according to the immediate cash needs of the Group.