392 / 430
- 52 -
Opening
Profit/loss
Closing
balances
Equity
for the year
balances
S/.000
S/.000
S/.000
S/.000
2014
Temporary differences - assets:
General provisions for loans and contigent loans
609,113
-
(36,652)
572,461
Other general provisions
3,245
-
15,280
18,525
Provision for fluctuation in values
3,984
-
(3,984)
-
General provision for accounts receivable
2,835
-
1,450
4,285
Provisions for awarded goods
3,760
-
(1,514)
2,246
622,937
-
(25,420)
597,517
Temporary differences - liabilities:
Depreciation of buildings
(514)
-
257
(257)
Adjustment of value CAF shares
(1,444,318)
-
-
(1,444,318)
Profit (loss) unrealized for investments in securities
(18,964)
(27,971)
-
(46,935)
Profit (loss) unrealized for derivative instruments
(32,864)
18,258
-
(14,606)
Repairs to 2003 tax return - Provisions, write-offs and others
20,378
-
(3,555)
16,823
(1,476,282)
(9,713)
(3,298)
(1,489,293)
Temporary differences assets (liabilities), net
(853,345)
(9,713)
(28,718)
(891,776)
Adjustment to deferred income tax, rate change
-
9,316
8,520
-
Movement of deferred income tax
-
(2,914)
(8,615)
-
Deferred income tax
(256,004)
6,402
(95)
(249,697)
Movements
19.
TRANSACTIONS WITH RELATED ENTITIES
As of December 31, 2015 and 2014, significant operations conducted with CAF correspond to
financing operations.
COFIDE’s transactions with its related entity have been done in the normal course of operations
under arm’s-length terms.
Operations performed with CAF comprise the following:
-
As of December 31, 2015 and 2014, available for sale investments are held for (in
thousands) S/.2,339,156. (Note 6)
-
As of December 31, 2015, debts are held for (in thousands) S/.102,330 (S/.89,580 as of
December 31, 2014). (Note 11)
-
As of December 31, 2015, those debts gave rise to interest expenses for (in thousands)
S/.4,680 and S/.4,157, respectively.
Payments to the Board of Directors
As of December 31, 2105 and 2014, the amount paid for Directors’ attendance fee was (in
thousands) S/.291 and S/.154, respectively.
Payments to managers
As of December 31, 2015, wages, other benefits to personnel and professional fees received by
COFIDE’s employees who hold an executive responsibility (managers) amounted to (in
thousands) S/.3,906 (S/.4,512 as of December 31, 2014).