| Movement in available-for-sale financial investments is as follow: |
| 2017 | 2016 | 2015 | ||||||||||
| S/(000) | S/(000) | S/(000) | ||||||||||
| Beginning balance | 657 | 436 | 744 | |||||||||
| Investment shares from spin-off, note 1.1 | 21,206 | — | — | |||||||||
| Fair value change recorded in other comprehensive income | 37 | 221 | (308 | ) | ||||||||
| Disposals (c) | (694 | ) | — | — | ||||||||
| Ending balance | 21,206 | 657 | 436 | |||||||||
| (b) | As of December 31, 2017, the balance of financial investments available-for-sale corresponds to the investment shares of Fossal S.A.A. owned by the Company, as a result of the execution of the spin-off project, which are recorded at cost. See notes 1.1. and 2.3.2. |
| (c) | As of December 31, 2016, financial investments available-for-sale included 256,624 shares of Unión Andina de Cementos S.A.A. (UNACEM), which are publicly traded on the Lima Stock Exchange (BVL) and whose fair value is determined based on public price quotes. On December 14, 2017, the Company sold its available-for-sale financial investments in UNACEM for S/694,000. As a result of this sale, the Company transferred a gain of S/243,000 from the consolidated statement of other comprehensive income to the consolidated statement of profit or loss. |