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AMOUNT $
ISSUE AGRICULTURAL DISCLAIMER
SIGNIFICANT ISSUES DESCRIPTION IMPACT (TC AT END CONCEPT - NIA 315
NO. BLUE GOLD SAC
OF YEAR)
STATEMENTS ON THE
PRESENTATION OF
From a review of the Financial Statements in local
INFORMATION TO BE
and foreign currency, as well as their respective
DISCLOSED:
supplementary working papers, we noted
Classification and Comprehensibility
inconsistencies in the calculation and recording of
INCONSISTENCIES IN THE and Accuracy and Valuation.
accrued interest and amortization presented in the
DETERMINATION AND ASSERTIONS ABOUT
Financial Statements, which affect the determination THE CORRESPONDING
ACCOUNTING RECORDING OF ACCOUNTING BALANCES AT
of the net cost of assets for right of use, financial ADJUSTMENTS WERE MADE FOR
ACCRUED INTEREST AND FINANCIAL THE END OF THE PERIOD:
1 expense and administrative expense; We also found $392,816.45 THE DIFFERENCES IDENTIFIED
AMORTIZATION (COSTS AND CONTROL Existence, Valuation and Imputation
inconsistencies in the accrual and subsequent IN THE FINANCIAL
EXPENSES) RESULTING FROM THE COMPONENTS OF INTERNAL
recording of fees paid for land rental, since in the STATEMENTS.
LEASE OF LAND - RIGHT-OF-USE CONTROL - CONTROL
Cerro Verde 1 Contract, 30 days too much is being
ASSETS. ENVIRONMENT
accrued, affecting the determination of the
Elements:
investment recorded in accounting item 35
(f) Assignment of authority and
"Biological Assets" and subsequently in Retained
responsibility
Earnings.
(g) Policies and practices relating to
human resources
STATEMENTS ON THE
PRESENTATION OF
INFORMATION TO BE
As a result of the review and recalculation of the
DISCLOSED:
working papers submitted by Agrícola Blue Gold
DEVIATION OF $290.22 Classification and Comprehensibility
SAC, regarding the determination of the
CORRESPONDING TO THE and Accuracy and Valuation.
depreciation of assets comprising the item: Property,
DEPRECIATION OF PROPERTY, ASSERTIONS ABOUT
Plant, Producing Plant and, Equipment as of IT IS ESTIMATED TO IMPLEMENT
PLANT, PRODUCTION PLANT AND ACCOUNTING BALANCES AT
December 31, 2022, we noticed movements and AND ESTABLISH PROCEDURES
EQUIPMENT AS OF DECEMBER 31, FINANCIAL THE END OF THE PERIOD:
2 balances of each accounting sub-item; identifying $290.22 AND POLICIES INVOLVING
2022 AND, NOT INVOLVING CONTROL Existence, Valuation and Imputation
differences, which are originated by not including CONTROL ACTIONS IN THE
DEPRECIATION RATES FOR ITS COMPONENTS OF INTERNAL
the total number of days elapsed for some items, COMPANY.
PROPER CALCULATION AND, CONTROL - CONTROL
while, for others, additional days have been
LIMITATIONS ON THE DELIVERY ENVIRONMENT
included, therefore we point out, that we do not
OF RELATED INFORMATION Elements:
evidence uniform criteria in the calculation of the
(f) Assignment of authority and
depreciation of fixed assets of the entity.
responsibility
(g) Policies and practices relating to
human resources
3 DIFFERENCES IN PDT 621 WITH From the review of the Purchase Records, provided CONTROL - $3,127,696.64 STATEMENTS ON THE
RESPECT TO PURCHASE REGISTER by the entity on April 25, 2023, Sales Records, sent FINANCIAL PRESENTATION OF WE PROCEEDED TO SEND
OF $ 7,281.03 AND SALES REGISTER on March 28, 2023 and the declarations of the "PDT INFORMATION TO BE PROOFS OF RECTIFICATIONS OF
OF $3,113,134.59 621 IGV - Monthly Income" format, for the months DISCLOSED: PDT 621 IGV - MONTHLY
 AMOUNT $
ISSUE AGRICULTURAL DISCLAIMER
SIGNIFICANT ISSUES DESCRIPTION IMPACT (TC AT END CONCEPT - NIA 315
NO. BLUE GOLD SAC
OF YEAR)
Classification and Comprehensibility
and Accuracy and Valuation.
ASSERTIONS ABOUT
of January to December 2022; we noticed that the ACCOUNTING BALANCES AT
amounts declared are lower, for the most part, than THE END OF THE PERIOD:
INCOME, FOR THE MONTHS OF
the records expressed in Purchases and Sales, being Existence, Valuation and Imputation
JULY AND SEPTEMBER, DATED
that in the Purchase Record there are differences in COMPONENTS OF INTERNAL
APRIL 22, 2023, IN WHICH WE
the column "Acquisitions not taxed" and, CONTROL - CONTROL
INCLUDED OMITTED EXEMPT
corresponding to the Sales Record, omission in the ENVIRONMENT
SALES.
column "Exempt Sales" for the months: July, Elements:
September and October 2022. (f) Assignment of authority and
responsibility
(g) Policies and practices relating to
human resources
STATEMENTS ON THE
PRESENTATION OF
INFORMATION TO BE
DISCLOSED:
From the review of the Statement of Comprehensive
Classification and Comprehensibility
Income as of 12.31.2022 of Agrícola Blue Gold
and Accuracy and Valuation.
SAC, we noticed that the sales of merchandise
ASSERTIONS ABOUT
corresponding to concepts: Merchandise for sale,
ACCOUNTING BALANCES AT
Atlas - field blueberry and, Ventura - field IT IS ESTIMATED TO IMPLEMENT
THE END OF THE PERIOD:
INCONSISTENCIES IN THE blueberry; do not cover their cost of sales for $ AND ESTABLISH PROCEDURES
CONTROL - Existence, Valuation and Imputation
4 DETERMINATION OF COST OF 2,379.71; $ 237.24 and, $ 1,188.09, respectively. $3,805.04 AND POLICIES INVOLVING
FINANCIAL COMPONENTS OF INTERNAL
PRODUCTION Therefore, as of the date of this report, no CONTROL ACTIONS IN THE
CONTROL - CONTROL
production and cost report has been provided for COMPANY.
ENVIRONMENT
January to December 2022, limiting our evaluation
Elements:
procedures to the proper determination of the
(g) Human resources policies and
production costs for each product and, subsequently,
practices
the presentation of the cost of sales.
COMPONENTS OF INTERNAL
CONTROL- CONTROL
ACTIVITIES
Segregation of Duties
5 FAILURE TO RECORD "INCOME From the analysis of the Equity expressed in the CONTROL - $2,287,741.00 DISCLOSURE STATEMENTS: IT IS ESTIMATED TO IMPLEMENT
FOR THE YEAR 2022" IN THE DAILY Statement of Financial Position of Agrícola Blue FINANCIAL Occurrence, rights and obligations, AND ESTABLISH PROCEDURES
LEDGER Gold SAC provided on April 16, 2023, which Completeness, Classification and AND POLICIES INVOLVING
amounts to $ 2,158,048, we found inconsistencies in understandability, and Accuracy and CONTROL ACTIONS IN THE
its recording in the Daily Book 2022, since we did Valuation. COMPANY.
not identify the determination and presentation of ASSERTIONS ON ACCOUNTING
the result for the year for $2,287,741. BALANCES AT THE END OF
THE PERIOD:
 AMOUNT $
ISSUE AGRICULTURAL DISCLAIMER
SIGNIFICANT ISSUES DESCRIPTION IMPACT (TC AT END CONCEPT - NIA 315
NO. BLUE GOLD SAC
OF YEAR)
Existence, Completeness and,
Valuation and Imputation.
COMPONENTS OF INTERNAL
CONTROL - CONTROL
ACTIVITIES
Segregation of Duties