Below are the financial statements of Southern Copper, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 |
|---|---|---|
| Current assets | — | — |
| Cash and cash equivalents | 3,258.1a | 1,151.5a |
| Short-term investments | 245.3a | 599.3a |
| Accounts receivable trade | 1,189.6a | 1,141.1a |
| Accounts receivable other (including related parties) | 54.2a | 87.2a |
| Inventories | 1,048.9a | 1,016.9a |
| Prepaid taxes | 346.7a | 395.4a |
| Other current assets | 31.7a | 38.1a |
| Total current assets | 6,174.3a | 4,429.5a |
| Assets | — | — |
| Property and mine development, net | 9,883.3a | 9,782.9a |
| Ore stockpiles on leach pads | 1,145.8a | 1,121.7a |
| Intangible assets, net | 124.6a | 130.2a |
| Right-of-use assets | 739.5a | 775.4a |
| Deferred income tax | 310.6a | 256.1a |
| Equity method investment | 111.9a | 108.2a |
| Other non-current assets | 223.5a | 121.3a |
| Total assets | 18,713.5a | 16,725.3a |
| Current liabilities | — | — |
| Current portion of long-term debt | 499.8a | 0a |
| Accounts payable (including related parties) | 615.2a | 652.6a |
| Accrued income taxes | 635.2a | 278.3a |
| Accrued workers’ participation | 280.8a | 245.7a |
| Accrued interest | 97.1a | 97.1a |
| Lease liabilities current | 81.8a | 78a |
| Other accrued liabilities | 38.1a | 36.8a |
| Total current liabilities | 2,248.1a | 1,388.5a |
| Liabilities | — | — |
| Long-term debt, net of current portion | 5,758.5a | 6,254.6a |
| Lease liabilities | 657.6a | 697.4a |
| Deferred income taxes | 124.5a | 132.2a |
| Non-current taxes payable | 104.9a | 92.7a |
| Other liabilities and reserves | 35.6a | 66.2a |
| Asset retirement obligation | 546.1a | 612.5a |
| Total non-current liabilities | 7,227.3a | 7,855.6a |
| Stockholders’ equity | — | — |
| Common stock | 8.8a | 8.8a |
| Additional paid-in capital | 5,026a | 3,532.8a |
| Retained earnings | 6,839.6a | 7,033.5a |
| Accumulated other comprehensive income | -2.2a | -8a |
| Treasury stock, at cost, common shares | -2,700.7a | -3,149a |
| Total Southern Copper Corporation stockholders’ equity | 9,171.6a | 7,418.1a |
| Non-controlling interest | 66.6a | 63.1a |
| Total equity | 9,238.1a | 7,481.2a |
| Total liabilities and equity | 18,713.5a | 16,725.3a |
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