| 12. | Trade and other payables |
This caption is made up as follows:
| 2017 | 2016 | |||||||
| S/(000) | S/(000) | |||||||
| Trade payables | 76,478 | 64,098 | ||||||
| Dividends payable, note 16(g) | 29,725 | 5,070 | ||||||
| Interests payable | 17,280 | 17,892 | ||||||
| Remuneration payable | 14,920 | 14,108 | ||||||
| Taxes and contributions | 10,904 | 15,003 | ||||||
| Hedge finance cost payable | 10,505 | 11,073 | ||||||
| Board of Directors’ fees | 5,773 | 5,406 | ||||||
| Advances from customers | 4,276 | 1,181 | ||||||
| Guarantee deposits | 2,481 | 2,302 | ||||||
| Account payable to related party, note 25 | 516 | — | ||||||
| Other accounts payable | 5,137 | 6,640 | ||||||
| 177,995 | 142,773 | |||||||
Trade accounts payable result from the purchase of material, services and supplies for the Group operation, and mainly correspond
to invoices payable to domestic suppliers. Are non-interest bearing and are normally settled on 60 to 120 days term.
Other payables are non-interest bearing and have an average term of 3 months.
Interest payable is normally settled semiannually throughout the financial year.
For explanations on the Group’s liquidity risk management processes, refer to note 29.