Unrealized gain (loss)

Instruments that will not be reclassified to consolidated statement of income

Instruments to be reclassified to the consolidated
statement of income

Equity instruments at fair value

Debt instruments at fair value

Insurance contracts reserve

Cash flow
hedge reserve

Translation of foreign operations

Total

S/(000)

S/(000)

S/(000)

S/(000)

S/(000)

S/(000)

Balances as of January 1, 2023

(46,763

)

(2,420,809

)

1,711,493

(9,262

)

210,920

(554,421

)

Effect of changes in the discount rates of pension reserves, Note 3.4(d)

—

—

(968,599

)

—

—

(968,599

)

Unrealized gain from equity instruments at fair value through other comprehensive income, net of unrealized loss

16,055

—

—

—

—

16,055

Transfer to retained earnings from realized gain from equity instruments at fair value through other comprehensive income, Note 5(g)

(33,433

)

—

—

—

—

(33,433

)

Unrealized gain from debt instruments at fair value through other comprehensive income, net of unrealized loss

—

1,128,206

—

—

—

1,128,206

Transfer to realized gain from debt instruments at fair value through other comprehensive income, net of realized loss

—

(8,350

)

—

—

—

(8,350

)

Transfer of impairment on debt instruments at fair value through other comprehensive income

—

7,390

—

—

—

7,390

Variation for net unrealized loss on cash flow hedges

—

—

—

(67,980

)

—

(67,980

)

Transfer of realized loss on cash flow hedges to consolidated statement of income, net of realized gain

—

—

—

45,309

—

45,309

Translation of foreign operations

—

—

—

—

(21,970

)

(21,970

)

Balances as of December 31, 2023

(64,141

)

(1,293,563

)

742,894

(31,933

)

188,950

(457,793

)

Effect of changes in the discount rates of pension reserves

—

—

(61,299

)

—

—

(61,299

)

Unrealized gain from equity instruments at fair value through other comprehensive income, net of unrealized loss

1,263

—

—

—

—

1,263

Transfer to retained earnings from realized loss from equity instruments at fair value through other comprehensive income, Note 5(g)

53,737

—

—

—

—

53,737

Unrealized gain from debt instruments at fair value through other comprehensive income, net of unrealized loss

—

259,523

—

—

—

259,523

Transfer to realized gain from debt instruments at fair value through other comprehensive income, net of realized loss

—

(25,325

)

—

—

—

(25,325

)

Transfer of impairment on debt instruments at fair value through other comprehensive income

—

47,497

—

—

—

47,497

Variation for net unrealized loss on cash flow hedges

—

—

—

(57,848

)

—

(57,848

)

Transfer of realized loss on cash flow hedges to consolidated statement of income, net of realized gain

—

—

—

40,668

—

40,668

Translation of foreign operations

—

—

—

—

11,747

11,747

Balances as of December 31, 2024

(9,141

)

(1,011,868

)

681,595

(49,113

)

200,697

(187,830

)

Effect of changes in the discount rates of pension reserves

—

—

(735,284

)

—

—

(735,284

)

Unrealized gain from equity instruments at fair value through other comprehensive income, net of unrealized loss

69,079

—

—

—

—

69,079

Unrealized gain from debt instruments at fair value through other comprehensive income, net of unrealized loss.

—

730,337

—

—

—

730,337

Transfer to realized gain from debt instruments at fair value through other comprehensive income, net of realized loss.

—

(101,536

)

—

—

—

(101,536

)

Transfer of impairment on debt instruments at fair value through other comprehensive income

—

263,368

—

—

—

263,368

Variation for net unrealized gain on cash flow hedges

—

—

—

92,950

—

92,950

Transfer of realized gain on cash flow hedges to consolidated statement of income, net of realized loss

—

—

—

(53,046

)

—

(53,046

)

Translation of foreign operations

—

—

—

—

(101,063

)

(101,063

)

Other movements

(13,009

)

—

—

—

—

(13,009

)

Balances as of December 31, 2025

46,929

(119,699

)

(53,689

)

(9,209

)

99,634

(36,034

)