XML 33 R31.htm IDEA: XBRL DOCUMENT v3.3.0.814
SEGMENT AND RELATED INFORMATION: (Tables)
9 Months Ended
Sep. 30, 2015
SEGMENT AND RELATED INFORMATION:  
Schedule of financial information relating to Company's segments

 

 

 

 

 

 

Three Months Ended September 30, 2015

 

 

 

 

 

(in millions)

 

 

 

Mexican
Open-pit

 

Mexican
IMMSA Unit

 

Peruvian
Operations

 

Corporate, other
and eliminations

 

Consolidated

 

Net sales outside of segments

 

$

597.6

 

$

68.4

 

$

467.6

 

$

 

$

1,133.6

 

Intersegment sales

 

 

 

19.0

 

 

 

(19.0

)

 

Cost of sales (exclusive of depreciation, amortization and depletion)

 

333.5

 

80.3

 

305.1

 

(48.1

)

670.8

 

Selling, general and administrative

 

15.4

 

1.5

 

9.0

 

(2.3

)

23.6

 

Depreciation, amortization and depletion

 

62.7

 

9.0

 

60.0

 

(0.1

)

131.6

 

Exploration

 

3.4

 

3.4

 

2.2

 

4.7

 

13.7

 

Environmental remediation

 

7.0

 

 

 

 

7.0

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income

 

$

175.6

 

$

(6.8

)

$

91.3

 

$

26.8

 

286.9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Less:

 

 

 

 

 

 

 

 

 

 

 

Interest, net

 

 

 

 

 

 

 

 

 

(61.9

)

Other income (expense)

 

 

 

 

 

 

 

 

 

(4.3

)

Income taxes

 

 

 

 

 

 

 

 

 

(125.3

)

Equity earnings of affiliate

 

 

 

 

 

 

 

 

 

4.0

 

Non-controlling interest

 

 

 

 

 

 

 

 

 

(1.0

)

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to SCC

 

 

 

 

 

 

 

 

 

$

98.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital investment (*)

 

$

215.2

 

$

14.0

 

$

91.2

 

$

96.2

 

$

416.6

 

Property, net

 

$

4,824.7

 

$

393.9

 

$

2,596.3

 

$

58.0

 

$

7,872.9

 

Total assets

 

$

7,303.4

 

$

815.8

 

$

3,530.9

 

$

1,215.1

 

$

12,865.2

 

 

(*) Corporate, other and eliminations includes $100.4 million purchase of the El Pilar mining property acquisition.

 

 

 

 

 

Three Months Ended September 30, 2014

 

 

 

 

 

(in millions)

 

 

 

Mexican
Open-pit

 

Mexican
IMMSA Unit

 

Peruvian
Operations

 

Corporate, other
and eliminations

 

Consolidated

 

Net sales outside of segments

 

$

750.8

 

$

75.7

 

$

648.1

 

$

 

$

1,474.6

 

Intersegment sales

 

 

20.3

 

 

(20.3

)

 

Cost of sales (exclusive of depreciation, amortization and depletion)

 

316.8

 

78.3

 

376.8

 

(42.4

)

729.5

 

Selling, general and administrative

 

9.7

 

4.1

 

11.7

 

0.8

 

26.3

 

Depreciation, amortization and depletion

 

50.7

 

8.7

 

50.2

 

4.3

 

113.9

 

Exploration

 

0.8

 

8.4

 

3.5

 

7.9

 

20.6

 

Environmental remediation

 

37.2

 

 

 

 

37.2

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income

 

$

335.6

 

$

(3.5

)

$

205.9

 

$

9.1

 

547.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Less:

 

 

 

 

 

 

 

 

 

 

 

Interest, net

 

 

 

 

 

 

 

 

 

(30.8

)

Other income (expense)

 

 

 

 

 

 

 

 

 

(21.0

)

Income taxes

 

 

 

 

 

 

 

 

 

(175.4

)

Equity earnings of affiliate

 

 

 

 

 

 

 

 

 

5.9

 

Non-controlling interest

 

 

 

 

 

 

 

 

 

(1.5

)

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to SCC

 

 

 

 

 

 

 

 

 

$

324.3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital investment

 

$

310.0

 

$

12.6

 

$

84.9

 

$

3.0

 

$

410.5

 

Property, net

 

$

4,149.6

 

$

376.8

 

$

2,535.7

 

$

127.5

 

$

7,189.6

 

Total assets

 

$

6,516.3

 

$

877.6

 

$

3,451.0

 

$

658.2

 

$

11,503.1

 

 

 

 

 

 

Nine Months Ended September 30, 2015

 

 

 

 

 

(in millions)

 

 

 

Mexican
Open-pit

 

Mexican
IMMSA
Unit

 

Peruvian
Operations

 

Corporate, other
and eliminations

 

Consolidated

 

Net sales outside of segments

 

$

1,995.3

 

$

245.8

 

$

1,550.2

 

$

 

$

3,791.3

 

Intersegment sales

 

 

53.4

 

 

(53.4

)

 

Cost of sales (exclusive of depreciation, amortization and depletion)

 

929.8

 

247.8

 

947.7

 

(67.9

)

2,057.4

 

Selling, general and administrative

 

36.3

 

4.9

 

29.3

 

2.9

 

73.4

 

Depreciation, amortization and depletion

 

177.2

 

24.6

 

170.4

 

1.7

 

373.9

 

Exploration

 

5.2

 

8.5

 

8.5

 

13.9

 

36.1

 

Environmental remediation

 

23.5

 

 

 

 

23.5

 

Operating income

 

$

823.3

 

$

13.4

 

$

394.3

 

$

(4.0

)

1,227.0

 

Less:

 

 

 

 

 

 

 

 

 

 

 

Interest, net

 

 

 

 

 

 

 

 

 

(136.1

)

Other income (expense)

 

 

 

 

 

 

 

 

 

(9.7

)

Income taxes

 

 

 

 

 

 

 

 

 

(411.6

)

Equity earnings of affiliate

 

 

 

 

 

 

 

 

 

9.5

 

Non-controlling interest

 

 

 

 

 

 

 

 

 

(3.5

)

Net income attributable to SCC

 

 

 

 

 

 

 

 

 

$

675.6

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital investment (*)

 

$

601.2

 

$

29.4

 

$

211.7

 

$

104.1

 

$

946.4

 

Property, net

 

$

4,824.7

 

$

393.9

 

$

2,596.3

 

$

58.0

 

$

7,872.9

 

Total assets

 

$

7,303.4

 

$

815.8

 

$

3,530.9

 

$

1,215.1

 

$

12,865.2

 

 

(*) Corporate, other and eliminations includes $100.4 million purchase of the El Pilar mining property acquisition.

 

 

 

 

 

Nine Months Ended September 30, 2014

 

 

 

 

 

(in millions)

 

 

 

Mexican
Open-pit

 

Mexican
IMMSA
Unit

 

Peruvian
Operations

 

Corporate, other
and eliminations

 

Consolidated

 

Net sales outside of segments

 

$

2,171.1

 

$

259.2

 

$

1,886.1

 

 

$

4,316.4

 

Intersegment sales

 

 

67.2

 

 

$

(67.2

)

 

Cost of sales (exclusive of depreciation, amortization and depletion)

 

858.4

 

245.7

 

1,047.0

 

(53.1

)

2,098.0

 

Selling, general and administrative

 

27.5

 

11.7

 

34.1

 

2.9

 

76.2

 

Depreciation, amortization and depletion

 

160.3

 

24.3

 

145.8

 

10.0

 

340.4

 

Exploration

 

2.5

 

20.8

 

11.2

 

22.8

 

57.3

 

Environmental remediation

 

37.2

 

 

 

 

37.2

 

Operating income

 

$

1,085.2

 

$

23.9

 

$

648.0

 

$

(49.8

)

1,707.3

 

Less:

 

 

 

 

 

 

 

 

 

 

 

Interest, net

 

 

 

 

 

 

 

 

 

(100.0

)

Other income (expense)

 

 

 

 

 

 

 

 

 

(31.0

)

Income taxes

 

 

 

 

 

 

 

 

 

(605.3

)

Equity earnings of affiliate

 

 

 

 

 

 

 

 

 

17.8

 

Non-controlling interest

 

 

 

 

 

 

 

 

 

(3.8

)

Net income attributable to SCC

 

 

 

 

 

 

 

 

 

$

985.0

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital investment

 

$

830.0

 

$

30.8

 

$

240.3

 

$

6.4

 

$

1,107.5

 

Property, net

 

$

4,149.6

 

$

376.8

 

$

2,535.7

 

$

127.5

 

$

7,189.6

 

Total assets

 

$

6,516.3

 

$

877.6

 

$

3,451.0

 

$

658.2

 

$

11,503.1