SOUTHERN COPPER CORP/

SCCO

Metal mining

Last filing · Quarter 2 · Jun 30, 2026

14 more years with Pro

SOUTHERN COPPER CORP/ back to 2009, every line as filed.

USD ($) $ in Millions	LTM	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
OPERATING ACTIVITIES
Net income	$ 5,678.9	$ 4,348.2	$ 3,388.6	$ 2,434.7
Adjustments to reconcile net earnings to net cash provided from operating activities:
Depreciation, amortization and depletion	890.1	868.4	845.9	833.6
Equity earnings of affiliate, net of dividends received	(40.1)	(22.6)	(3.7)	2.6
Loss on foreign currency transaction effect	34.9	42.9	13.7	10.4
Benefit for deferred income taxes	(105.8)	(33.9)	(52.2)	(59.1)
Net charges for asset retirement obligations, including accretion	(24.0)	(24.0)	(24.4)	26.1
Other, net	97.1	85.9	15.2	14.8
Gain on sale of investment	-	-	-	-
Loss (gain) on sale of property	-	-	-	-
(Gain) loss on short-term investments	-	-	-	-
Unrealized loss (gain) on derivative investments	-	-	-	-
Change in operating assets and liabilities:
(Increase) decrease in accounts receivable trade	(438.0)	(761.6)	(48.5)	253.0
Decrease (increase) in inventories	28.7	22.1	(56.1)	(60.4)
Increase in accounts payable and accrued liabilities	718.9	326.2	385.7	152.1
(Increase) in other operating assets and liabilities	(103.8)	(99.4)	(42.4)	(34.7)
Net cash provided by operating activities	6,736.9	4,752.1	4,421.7	3,573.1
Net cash provided by operating activities	-	-	-	-
INVESTING ACTIVITIES
Capital expenditures	(1,636.5)	(1,325.3)	(1,027.3)	(1,008.6)
Purchase of short-term investments	(2,053.6)	(2,053.6)	(611.8)	(808.7)
Proceeds on sale of short-term investments	1,694.3	1,694.3	965.8	417.7
Payment to acquire business, net of cash acquired	-	-	-	-
Purchase of short-term investments	-	-	-	-
Proceeds on sale of short-term investment	-	-	-	-
Loan repaid by related parties	-	-	-	-
Other, net	-	-	-	1.2
Net cash used in investing activities	(2,626.0)	(1,684.6)	(673.3)	(1,398.4)
Loan granted to related parties	-	-	-	-
Investment in associated companies	-	-	-	-
Sale of property	-	-	-	-
Release of escrow deposit on long-term debt	-	-	-	-
Net cash used in investing activities	-	-	-	-
FINANCING ACTIVITIES
Proceeds from issuance of debt	1,247.5	993.8	-	-
Payments of debt issuance costs	(3.9)	(6.4)	-	-
Repayments of debt	-	(500.0)	-	-
Capitalization of debt issuance cost	-	-	-	-
Repurchase of common shares	-	-	-	-
Proceeds from sale of parent company shares	-	-	-	-
Cash dividends paid to common stockholders	(3,019.8)	(2,485.1)	(1,637.2)	(3,092.4)
SCC shareholder derivative lawsuit - received from AMC	-	-	-	-
SCC shareholder derivative lawsuit - dividend paid	-	-	-	-
SCC shareholder derivative lawsuit	-	-	-	-
Distributions to non-controlling interest	(9.9)	(9.9)	(8.3)	(9.1)
Other, net	4.6	0.3	0.4	0.3
Net cash used in financing activities	(1,781.3)	(2,007.2)	(1,645.2)	(3,101.2)
Effect of exchange rate changes on cash and cash equivalents	0.4	(13.7)	3.4	8.3
Increase (decrease) in cash and cash equivalents	2,330.1	1,046.5	2,106.6	(918.2)
Net cash (used in) provided by financing activities	-	-	-	-
Increase (decrease) in cash and cash equivalents	-	-	-	-
Supplemental disclosure of cash flow information:
Cash paid during the year for:
Interest	388.2	388.2	369.7	369.7
Income taxes	-	-	1,590.8	1,434.0
Workers' participation	328.0	328.0	262.2	258.2
Supplemental schedule of non-cash operating, investing and financing activities:
Decrease in pension and other post-retirement benefits	5.7	5.7	5.8	1.0
Loan granted to related parties	-	-	-	-
Other accounts receivable	-	-	-	-
Unrealized gain (loss) on cash flow hedge derivative instruments recognized in other comprehensive income (net of taxes)	-	-	-	-
Non-Cash transactions
Capital expenditures incurred but not yet paid	85.0	85.0	19.8	16.1
Fair value of assets acquired	-	-	-	-
Cash paid for the capital stock	-	-	-	-
Liabilities assumed	-	-	-	-