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:DisclosureOfFinanceLeaseAndOperatingLeaseByLessorExplanatory

    The Group leases for several of its assets. These leases have purchase options. Below is a table showing future minimum lease payments and the present value of these payments:
     
     
     
    2017
     
    2016
     
     
     
     
     
    Present
     
     
     
    Present
     
     
     
    Minimum
     
    value of
     
    Minimum
     
    value of
     
     
     
    payments
     
    payments
     
    payments
     
    payments
     
     
     
    US$(000)
     
    US$(000)
     
    US$(000)
     
    US$(000)
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Within a year
     
     
    56,915
     
     
    40,224
     
     
    57,592
     
     
    40,428
     
    After one year but not more than five years
     
     
    267,962
     
     
    241,651
     
     
    318,643
     
     
    281,192
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Total minimum lease payments
     
     
    324,877
     
     
    281,875
     
     
    376,235
     
     
    321,620
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Less - amounts representing finance charges
     
     
    (43,002)
     
     
    -
     
     
    (54,615)
     
     
    -
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Present value of minimum lease payments
     
     
    281,875
     
     
    281,875
     
     
    321,620
     
     
    321,620