CONSOLIDATED BALANCE SHEET (USD $) In Thousands, unless otherwise specified	Dec. 31, 2011	Dec. 31, 2010
Current assets:
Cash and cash equivalents	$ 848,118	$ 2,192,677
Short-term investments	521,955	76,209
Accounts receivable trade	695,104	671,745
Accounts receivable other (including related parties 2011- $1,988 and 2010 - $32,700)	188,477	76,284
Inventories	651,896	540,988
Deferred income tax	88,797	63,935
Other current assets	107,156	117,170
Total current assets	3,101,503	3,739,008
Property, net	4,419,885	4,094,993
Leachable material, net	122,985	29,668
Intangible assets, net	110,436	112,352
Deferred income tax	145,251	43,900
Other assets	162,641	108,098
Total assets	8,062,701	8,128,019
Current liabilities:
Current portion of long-term debt	10,000	10,000
Accounts payable (including related parties 2011- $4,392 and 2010 - $4,665)	443,132	371,334
Accrued income taxes	182,491	266,241
Accounts payable derivative instruments		191,992
Deferred income tax	39,860
Accrued workers' participation	245,139	222,432
Accrued interest	59,906	60,062
Other accrued liabilities	12,349	16,957
Total current liabilities	992,877	1,139,018
Long-term debt	2,735,732	2,750,401
Deferred income taxes	125,191	113,232
Non-current taxes payable	66,982	77,830
Other liabilities and reserves	43,665	78,070
Asset retirement obligation	61,971	59,059
Total non-current liabilities	3,033,541	3,078,592
Commitments and contingencies (Note 14)
STOCKHOLDER'S EQUITY
Common stock par value $0.01; shares authorized: 2011 and 2010 2,000,000,000 shares issued: 2011 and 2010 - 884,596,086	8,846	8,846
Additional paid-in capital	1,039,382	1,034,764
Retained earnings	3,852,054	3,595,983
Accumulated other comprehensive income (loss)	12,874	(126,423)
Treasury stock, at cost, common shares	(897,852)	(622,722)
Total Southern Copper Corporation stockholders' equity	4,015,304	3,890,448
Non-controlling interest	20,979	19,961
Total equity	4,036,283	3,910,409
Total liabilities and equity	$ 8,062,701	$ 8,128,019