Southern copper corp/ (SCCO)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Net sales (including sales to related parties, see Note 6)

7,285

7,096

6,654

5,379

5,045

5,787

5,952

6,669

6,818

5,149

3,734

4,850

6,085

Operating cost and expenses:
Cost of sales (exclusive of depreciation, amortization and depletion shown separately below)

3,606

3,409

3,252

3,034

2,927

2,840

2,871

2,769

2,763

2,128

1,865

2,182

2,122

Selling, general and administrative

131

102

93

94

99

103

102

101

104

100

85

102

98

Depreciation, amortization and depletion

764

674

671

647

510

445

396

325

288

281

273

327

327

Exploration

30

29

28

40

48

74

51

47

37

34

24

36

40

Environmental remediation

-

-

-10

-

45

91

-

-

-

-

-

-

-

Total operating costs and expenses

4,532

4,215

4,035

3,815

3,631

3,555

3,420

3,560

3,193

2,545

2,249

2,648

2,588

Amount of litigation settlement

-

-

-

-

-

-

-

316

-

-

-

-

-

Operating income

2,753

2,881

2,618

1,564

1,414

2,232

2,532

3,108

3,625

2,604

1,485

2,201

3,497

Interest expense

372

360

357

360

334

265

265

201

192

167

99

105

123

Capitalized interest

32

83

51

69

123

126

-68

-29

-5

-7

-2

-6

-14

Gain on derivative instruments

-

-

-

-

-

-

-

-

-

-

4

-74

-73

Loss on debt prepayment

-

-

-

-

-

-

-

-

-

-

-

-

-16

Other income (expense)

-7

-30

-15

-24

-25

-40

17

21

-4

-20

6

17

30

Interest income

21

16

5

7

10

15

20

15

13

7

6

48

82

Income before income taxes

2,426

2,589

2,302

1,256

1,189

2,068

2,372

2,973

3,448

2,430

1,404

2,093

3,411

Income taxes (including royalty taxes, see Note 7)

966

1,105

951

623

620

754

769

1,080

1,104

868

469

679

1,185

Deferred income taxes

-21

-51

641

-122

-155

-

-

-

-

-

-

-

-

Net income before equity earnings of affiliate

1,481

1,535

709

754

724

1,314

1,603

1,892

2,344

1,562

-

-

-

Equity earnings (loss) of affiliate, net of income tax

10

12

23

23

16

23

20

48

-

-

-

-

-

Net income

1,491

1,548

732

778

741

1,337

1,624

1,941

2,344

1,562

-

1,414

2,226

Less: Net income attributable to the non-controlling interest

6

5

3

2

4

4

5

6

7

8

5

7

10

Net income attributable to SCC

1,485

1,543

728

776

736

1,333

1,618

1,934

2,336

1,554

934

-

-

Net income attributable to SCC

-

-

-

-

-

-

-

-

-

-

929

1,406

2,216

Per common share amounts attributable to SCC:
Net earnings-basic and diluted

1.92

2.00

0.94

1.00

0.93

1.61

1.92

2.28

2.73

1.81

1.09

-

-

Net income - basic (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

1.60

2.51

Net income - diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

1.60

2.51

Dividends declared and paid

-

-

-

0.18

0.34

0.46

0.68

4.06

2.43

1.66

0.44

1.94

2.27

Weighted average shares outstanding-basic and diluted

773

773

773

773

794

828

842

848

854

-

-

-

-

Weighted average shares outstanding - basic (in shares)

-

-

-

-

-

-

-

-

-

858

850

878

883

Weighted average shares outstanding - diluted (in shares)

-

-

-

-

-

-

-

-

-

858

850

878

883