| 11. | Exploration, evaluation and intangible assets |
| (a) | The composition and movement of this caption as of the date of the consolidated statements of financial position is presented below: |
| S/(000) | ||||
| Cost | ||||
| As of January 1, 2016 | 89,829 | |||
| Additions (b) | 10,619 | |||
| Transfers, note 10 | (1,372 | ) | ||
| Assets held for distribution, note 1.1 | (47,630 | ) | ||
| As of December 31, 2016 | 51,446 | |||
| Additions | 1,384 | |||
| Transfers, note 10 | 4,419 | |||
| As of December 31, 2017 | 57,249 | |||
| Accumulated amortization | ||||
| As of January 1, 2016 | 7,967 | |||
| Additions | 451 | |||
| As of December 31, 2016 | 8,418 | |||
| Additions | 1,437 | |||
| Transfers, note 10 | 509 | |||
| As of December 31, 2017 | 10,364 | |||
| Impairment, note 1.2 | 33,469 | |||
| Net value | ||||
| As of December 31, 2016 | 43,028 | |||
| As of December 31, 2017 | 13,416 | |||
| (b) | As of December 31, 2017, the exploration and evaluation assets mainly include capital expenditures related to the coal project and to others minor projects related to the cement business. As of December 31, 2016, mainly include S/33,469,000 related to the brine project, and S/9,559,000 related to others minor projects. |
| (c) | During 2017, the Group recognized an impairment in the brine project, and the Group wrote-off exploration and evaluation assets for S/33,469,000. See note 1.2. |
As of December 31, 2016, the Group evaluated the conditions of use of the projects related to mining exploration and evaluation costs and did not find any indication of impairment.