CREDICORP LTD | CIK:0001001290 | 3

  • Filed: 4/26/2018
  • Entity registrant name: CREDICORP LTD (CIK: 0001001290)
  • Generator: DataTracks
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1001290/000114420418022710/0001144204-18-022710-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1001290/000114420418022710/bap-20171231.xml
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    • ifrs-full:DisclosureOfInformationForEachMaterialImpairmentLossRecognisedOrReversedForIndividualAssetOrCashgeneratingUnitExplanatory

    The following table summarizes the key assumptions used for the calculation of fair value less selling costs in 2017 and 2016:
     
     
     
    At December 31, 2017
     
    Description
     
    Terminal
    value
    growth rate
     
    Discount
    rate
     
     
     
    %
     
    %
     
     
     
     
     
     
     
     
     
    Mibanco - Edyficar Perú
     
     
    3.00
     
    12.43
     
    Prima AFP – AFP Unión Vida
     
     
    1.00
     
    9.41
     
    Credicorp Capital Colombia
     
     
    3.80
     
    12.63
     
    Banco de Crédito del Perú
     
     
    5.00
     
    11.46
     
    Inversiones IMT
     
     
    5.25
     
    11.72
     
    Pacífico Seguros (*)
     
     
    5.00
     
    11.24 and 12.38
     
    Atlantic Security Holding Corporation
     
     
    2.00
     
    10.31
     
     
    (*)
    As of December 31, 2017, corresponds to the discount rates used by the Group to determine the recoverable value for the non-life and life insurance business lines cash flows that comprised this CGU as a result of the merger, See Note 2(a).
     
     
     
    At December 31, 2016
     
    Description
     
    Terminal
    value
    growth rate
     
    Discount rate
     
     
     
    %
     
    %
     
     
     
     
     
     
     
     
     
    Mibanco - Edyficar Perú
     
     
    3.00
     
     
    12.48
     
    Prima AFP - AFP Unión Vida
     
     
    1.20
     
     
    8.73
     
    Credicorp Capital Colombia
     
     
    3.80
     
     
    13.44
     
    Banco de Crédito del Perú
     
     
    5.00
     
     
    12.48
     
    Inversiones IMT
     
     
    5.25
     
     
    12.41
     
    Pacífico Seguros
     
     
    5.00
     
     
    11.66
     
    Atlantic Security Holding Corporation
     
     
    2.00
     
     
    11.17