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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  • ifrs-full:DisclosureOfImpairmentOfAssetsExplanatory

    The provision for impairment of value of inventory had the following movement during the years 2017, 2016 and 2015:
     
     
     
    2017
     
    2016
     
    2015
     
     
     
    US$(000)
     
    US$(000)
     
    US$(000)
     
     
     
     
     
     
     
     
     
     
     
     
    Beginning balance
     
     
    8,386
     
     
    20,472
     
     
    7,735
     
     
     
     
     
     
     
     
     
     
     
     
    Transfer from mining units held for sale
     
     
    -
     
     
    1,448
     
     
    -
     
    Changes in provision for impairment of finished goods, (continuing operations), note 21(a)
     
     
    2,118
     
     
    (7,581)
     
     
    13,096
     
    Changes in provision for impairment of finished goods (discontinued operations), note 1(e)
     
     
    (1,345)
     
     
    (706)
     
     
    (1,474)
     
    Changes in provision for impairment of spare parts and supplies
     
     
    2,444
     
     
    (110)
     
     
    1,115
     
    Reversal in provision for impairment of inventories
     
     
    -
     
     
    (5,137)
     
     
    -
     
     
     
     
     
     
     
     
     
     
     
     
    Final balance
     
     
    11,603
     
     
    8,386
     
     
    20,472