Southern copper corp/ (SCCO)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08Jun'08
OPERATING ACTIVITIES
Net income

1,318

1,491

1,479

1,458

1,465

1,548

967

999

889

732

1,191

986

908

778

668

569

643

741

1,028

1,254

1,297

1,337

1,396

1,416

1,451

1,624

1,749

1,623

1,814

1,941

1,947

2,392

2,487

2,344

2,300

2,002

1,657

1,562

1,432

1,379

1,240

934

987

1,221

0

0

0

Adjustments to reconcile net earnings to net cash provided from operating activities:
Depreciation, amortization and depletion

775

764

759

730

693

674

672

671

679

671

666

671

665

647

611

568

529

510

478

460

451

445

450

438

415

396

374

354

339

325

308

299

294

288

286

286

282

281

245

255

264

273

323

324

0

0

0

Equity earnings of affiliate, net of dividends received

6

6

2

2

4

3

7

8

9

12

12

13

12

11

12

9

10

9

3

4

6

9

13

11

5

10

4

6

23

17

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on foreign currency transaction effect

12

-17

3

-0

6

-17

-5

1

-20

-24

-48

-52

-23

8

-5

-8

-7

2

47

67

59

54

18

3

6

-13

-28

-32

-21

-15

19

31

19

19

3

-11

-13

-13

-22

-12

-28

-18

5

-1

0

0

0

Provision for deferred income taxes

-52

-21

-7

14

11

-51

685

666

634

641

-47

-103

-111

-117

-220

-142

-150

-153

-164

-241

-174

-233

-231

-164

-175

-97

-19

47

62

55

56

-82

-92

-117

-91

-42

-84

-40

-45

-26

28

41

44

81

0

0

0

Other, net

-15

-12

-42

-42

-31

-27

6

6

-1

-8

-18

-22

-27

-28

-25

-18

-10

-2

1

2

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss (gain) on sale of property

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

0

-

-

-

-

0

-

Gain on sale of investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18

0

0

0

-

-

-

-

-

-

-

4

4

0

-0

0

0

0

Non-controlling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Unrealized gain on derivative investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

56

77

58

0

0

0

Change in operating assets and liabilities:
Decrease (increase) in accounts receivable

-166

10

63

-26

2

-68

-51

193

204

298

266

143

149

143

143

-3

19

-91

-94

-102

-42

7

26

94

-46

-136

-6

-103

-5

14

-84

-59

150

135

369

458

176

308

-4

81

249

299

193

45

0

0

0

Decrease (increase) in inventories

10

88

136

167

138

190

212

241

250

201

178

110

126

207

227

298

297

260

241

207

212

260

211

240

214

143

223

211

223

180

210

158

94

194

108

85

84

7

-38

-59

-31

-44

-32

42

0

0

0

(Decrease) in accounts payable and accrued liabilities

-154

-184

-187

-116

-98

117

229

168

151

139

-32

6

82

30

88

-15

144

-28

-198

-45

-112

109

198

166

-58

-63

-264

-89

-36

-135

226

69

-147

-136

214

152

623

540

346

209

54

-89

-332

-545

0

0

0

(Increase) in other operating assets and liabilities

24

62

63

21

-5

-28

-100

-134

-225

-271

-180

-69

-42

73

95

50

136

12

-111

20

-5

-25

-66

-136

-157

-2

74

46

60

-43

78

59

-13

-47

74

57

104

121

0

-92

-109

-107

-13

21

0

0

0

Net cash provided by operating activities

2,015

1,911

1,816

1,964

1,956

2,235

2,485

2,188

2,136

1,976

1,567

1,438

1,349

923

698

653

719

879

1,056

1,229

1,232

1,355

1,613

1,643

1,612

1,859

1,568

1,803

1,878

2,003

2,281

2,459

2,285

2,079

2,147

1,803

2,128

1,920

2,035

1,882

1,464

963

997

1,025

0

0

0

INVESTING ACTIVITIES
Capital expenditures

635

707

825

925

998

1,121

1,145

1,075

1,073

1,023

988

1,051

1,140

1,118

1,144

1,184

1,124

1,149

1,268

1,362

1,441

1,529

1,620

1,698

1,723

1,703

1,576

1,346

1,191

1,051

941

836

717

612

464

424

406

408

379

376

426

414

454

474

0

0

0

Payments to acquire business, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

532

468

188

0

-

0

0

-

-

-

-

-

-

-

Loan repaid by related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

22

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of property

-

-

-

-

-

-

-

-

0

-

-

-

0

-

0

0

0

-

0

0

-

-

0

0

0

-

0

0

0

-

-

14

0

-

0

0

-

8

0

0

0

-

-

-

0

0

-

Investment in affiliated companies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

33

0

0

0

-

-

-

-

-

-

-

-

-

-

Decrease (increase) in loan to affiliate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds on sale of short-term investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Proceeds from sale (purchase) of short-term investments, net

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-89

216

890

-

980

589

117

436

117

169

341

346

-168

-133

-175

-540

0

0

0

-

-

-

-

-

-

-

0

-

0

0

0

-

-

Other

0

-

0

0

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

0

-

-

-

-

-

0

0

-

0

0

Repayments of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

0

-

-

-

0

-

15

15

0

0

-

-

0

-

-

-

0

-

-

0

Payments of debt issuance cost

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

Net cash used in investing activities

-461

-574

-590

-992

-1,167

-1,296

-1,360

-1,095

-1,073

-1,019

-916

-915

-796

-452

-198

-721

-1,368

-1,461

-2,039

-1,643

-1,247

-1,655

-1,451

-1,572

-1,770

-1,744

-1,526

-1,379

-1,162

-668

-810

-988

-747

-1,092

-984

-624

-634

-473

-395

-375

-375

-359

-343

-357

0

0

0

FINANCING ACTIVITIES
Proceeds from issuance of debt

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,045

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

Capitalization of debt issuance cost

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash dividends paid to common stockholders

1,236

1,236

1,237

1,237

1,159

1,082

966

765

626

456

301

232

177

139

132

172

213

271

337

357

361

381

383

385

470

573

2,799

2,901

3,183

3,139

1,402

1,721

1,747

2,080

1,857

1,649

1,555

1,427

1,214

986

641

375

727

1,141

0

0

0

SCC shareholder derivative lawsuit - received from AMC

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

SCC shareholder derivative lawsuit - dividend paid

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of common shares

-

-

-

-

-

-

-

-

-

-

-

-

-

71

351

643

688

1,004

1,018

1,031

1,000

682

448

189

0

-

0

0

-

-

0

0

-

-

0

0

-

-

0

0

-

71

140

0

0

0

-

Distributions to non-controlling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

1

1

1

1

1

2

2

3

3

4

5

5

6

6

7

7

6

5

3

0

-

0

0

-

0

0

Other, net

-1

0

0

1

1

0

-1

-0

0

-

0

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-0

1

1

1

1

0

2

2

1

1

-0

-0

0

0

0

1

0

1

1

0

0

0

Net cash used in financing activities

-264

-262

-260

-1,237

-1,159

-1,083

-967

-766

-627

-456

-301

-249

-195

-210

-483

-1,018

816

492

411

579

-1,312

-1,064

-937

-674

-816

-867

628

485

235

278

-1,563

-1,893

-2,033

-2,375

-2,136

-1,820

-98

36

251

481

-653

-458

-874

-1,446

0

0

0

Effect of exchange rate changes on cash and cash equivalents

25

4

1

-14

39

-15

10

16

-65

-42

-62

-37

-33

11

-9

-33

17

-0

41

70

47

55

14

-1

-15

-33

-33

-49

-6

-2

6

47

40

43

-20

-49

-73

-63

-68

-78

-74

-90

-56

0

0

0

0

Increase (decrease) in cash and cash equivalents

1,314

1,080

967

-280

-331

-160

168

343

369

458

287

236

322

271

7

-1,119

183

-89

-529

236

-1,281

-1,308

-761

-604

-989

-786

637

860

944

1,611

-85

-374

-455

-1,344

-993

-690

1,321

1,420

1,823

1,909

360

55

-278

-778

0

0

0

Supplemental disclosure of cash flow information: