Southern copper corp/ (SCCO)
Income statement / 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
Net sales (including sales to related parties, see Note 6)

7,251

7,285

7,125

6,989

7,009

7,096

7,266

7,219

6,911

6,654

6,189

5,913

5,718

5,379

5,235

4,968

5,016

5,045

5,262

5,603

5,708

5,787

5,851

5,761

5,684

5,952

6,068

6,236

6,486

6,669

6,687

6,881

7,022

6,818

6,648

6,160

5,532

5,149

4,786

4,680

4,331

3,734

4,038

4,348

0

0

0

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

3,718

3,606

3,474

3,392

3,376

3,409

3,374

3,332

3,285

3,252

3,154

3,204

3,151

3,034

3,179

3,019

2,974

2,927

2,800

2,858

2,878

2,840

2,871

2,805

2,790

2,871

2,805

2,813

2,770

2,769

2,713

2,720

2,748

2,763

2,645

2,519

2,354

2,128

2,134

2,113

2,001

1,865

1,970

1,991

0

0

0

Selling, general and administrative

132

131

117

111

107

102

101

99

95

93

90

88

89

94

98

99

100

99

100

103

103

103

101

99

101

102

103

103

101

101

104

104

105

104

108

106

103

100

91

91

88

85

86

89

0

0

0

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

Exploration

33

30

29

28

29

29

30

32

28

28

28

30

34

40

43

47

49

48

53

60

70

74

74

65

55

51

48

48

49

47

46

43

39

37

31

31

33

34

34

32

27

24

25

27

0

0

0

Environmental remediation

-

-

-

-

-

-

-

-

-

-10

0

0

0

-

-

-

-

45

60

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating costs and expenses

4,659

4,532

4,380

4,262

4,207

4,215

4,178

4,135

4,089

4,035

3,929

3,984

3,930

3,815

3,954

3,762

3,692

3,631

3,510

3,591

3,601

3,555

3,536

3,409

3,363

3,420

3,332

3,635

3,576

3,560

3,489

3,168

3,187

3,193

3,072

2,943

2,773

2,545

2,505

2,493

2,381

2,249

2,406

2,432

0

0

0

Amount of litigation settlement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating income

2,592

2,753

2,744

2,727

2,801

2,881

3,087

3,083

2,821

2,618

2,259

1,929

1,788

1,564

1,281

1,205

1,323

1,414

1,752

2,012

2,106

2,232

2,315

2,351

2,321

2,532

2,736

2,600

2,909

3,108

3,198

3,712

3,835

3,625

3,575

3,216

2,758

2,604

2,281

2,187

1,949

1,485

1,632

1,915

0

0

0

Interest expense

384

372

361

360

360

360

342

343

342

357

374

375

375

360

360

361

359

334

310

285

264

265

265

264

265

265

258

238

219

201

191

191

191

192

193

194

191

167

144

119

99

99

100

102

0

0

0

Capitalized interest

25

32

45

59

75

83

65

63

57

51

68

68

69

69

218

227

177

123

169

108

112

126

-109

-94

-81

-68

-50

-51

-38

-29

-26

-9

-7

-5

0

0

0

-

-

-

-

-2

-4

-9

0

0

0

Gain on derivative instruments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

-9

-10

0

0

0

Other income (expense)

-19

-7

4

3

-23

-30

-30

-29

-22

-15

-37

-22

-19

-24

-0

-14

-22

-25

-19

-36

-40

-40

-33

-10

12

17

12

14

15

21

20

15

3

-4

-1

-9

-22

-20

-10

-0

4

6

23

26

0

0

0

Interest income

25

21

19

18

17

16

11

8

7

5

5

5

5

7

8

9

10

10

11

12

13

15

16

17

18

20

19

18

17

15

15

14

14

13

12

10

8

7

5

4

4

6

15

27

0

0

0

Income before income taxes

2,238

2,426

2,452

2,448

2,510

2,589

2,790

2,783

2,521

2,302

1,920

1,604

1,468

1,256

1,002

922

1,052

1,189

1,573

1,848

1,955

2,068

2,142

2,189

2,167

2,372

2,561

2,445

2,761

2,973

3,069

3,561

3,670

3,448

3,404

3,032

2,560

2,430

2,132

2,068

1,865

1,404

1,566

1,864

0

0

0

Income taxes (including royalty taxes, see Note 7)

950

966

1,031

1,048

1,106

1,105

1,198

1,160

1,012

951

874

765

707

623

514

528

583

620

560

610

679

754

770

792

734

769

836

858

1,000

1,080

1,160

1,193

1,185

1,104

1,103

1,029

902

868

699

688

625

469

576

638

0

0

0

Net income before equity earnings of affiliate

1,309

1,481

1,472

1,451

1,455

1,535

950

980

868

709

1,168

961

883

754

643

549

624

724

1,012

1,237

1,276

1,314

1,372

1,396

1,432

1,603

1,724

1,586

1,760

1,892

2,034

2,489

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

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

9

10

6

7

10

12

17

19

21

23

22

24

25

23

24

20

19

16

15

17

20

23

23

19

18

20

25

37

54

48

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

2,073

2,514

0

-

0

0

-

1,562

0

0

0

-

989

1,226

0

0

0

Less: Net income attributable to the non-controlling interest

6

6

5

5

5

5

5

4

4

3

3

2

2

2

2

3

4

4

4

5

4

4

5

5

5

5

5

5

6

6

7

7

8

7

8

8

8

8

7

7

6

5

5

7

0

0

0

Net income attributable to SCC

1,312

1,485

1,473

1,453

1,460

1,543

962

994

884

728

1,187

983

905

776

665

566

639

736

1,023

1,249

1,292

1,333

1,391

1,411

1,446

1,618

1,744

1,617

1,808

1,934

1,938

2,383

2,477

2,336

2,166

0

0

-

0

-

-

-

-

-

-

-

-

Net income attributable to SCC

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

1,372

1,233

929

983

1,219

0

0

0

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

0.28

0.40

0.50

0.52

0.50

0.38

0.48

0.53

0.61

-0.38

0.52

0.39

0.41

0.21

0.26

0.29

0.24

0.09

0.12

0.37

0.35

0.43

0.39

0.40

0.39

0.48

0.41

0.44

0.59

0.63

0.26

0.66

0.73

0.62

0.78

0.77

0.56

-

0.43

-

-

-

-

-

-

-

-

Net income - basic (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.37

0.45

-

0.37

0.21

0.09

0.47

0.62

Net income - diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.37

0.45

-

0.37

0.21

0.09

0.47

0.62

Dividends declared and paid

0.40

-

0.40

0.40

0.40

-

0.40

0.30

0.30

-

0.14

0.12

0.08

0.05

0.05

0.05

0.03

0.04

0.10

0.10

0.10

0.12

0.12

0.10

0.12

0.12

0.12

0.20

0.24

2.75

0.24

0.53

0.54

0.70

0.61

0.55

0.57

0.41

0.37

0.45

0.43

0.18

0.10

0.04

0.12

0.57

0.57

Weighted average shares outstanding-basic and diluted

773

773

773

773

773

773

773

773

773

773

773

773

773

773

773

773

773

782

793

798

805

816

829

833

833

838

841

844

845

845

848

849

849

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average shares outstanding - basic (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

852

857

858

885

850

850

850

849

850

850

852

882

883

Weighted average shares outstanding - diluted (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

852

857

858

885

850

850

850

849

850

850

852

882

883