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RELATED PARTY TRANSACTIONS: (Tables)
 6 Months Ended
Jun. 30, 2011
RELATED PARTY TRANSACTIONS:  
Accounts receivable and payable with related parties

 

 

 

As of

 

 

 

June 30,
2011

 

December 31,
2010

 

Affiliate receivable:

 

 

 

 

 

Grupo Mexico, S.A.B de C.V. and affiliates

 

$

0.8

 

$

32.7

 

Mexico Proyectos y Desarrollos S.A de C.V. and affiliates

 

3.3

 

—

 

Asarco LLC

 

0.3

 

—

 

 

 

$

4.4

 

$

32.7

 

Affiliate payable:

 

 

 

 

 

Grupo Mexico S.A.B. de C.V. and affiliates

 

$

2.6

 

$

2.3

 

Ferrocarril Mexicano S.A. de C.V.

 

1.3

 

0.1

 

Mexico Transportes Aereos S.A de C.V. (“Mextransport”)

 

0.5

 

0.4

 

Mexico Productos Automotrices S.A. de C.V.

 

0.3

 

—

 

Mexico Proyectos y Desarrollos S.A de C.V. and affiliates

 

—

 

0.9

 

Consorcio Tricobre

 

—

 

0.5

 

Higher Technology S.A.C.

 

—

 

0.1

 

Breaker S.A. de C.V

 

0.9

 

0.3

 

Pigoba S.A. de C.V

 

—

 

0.1

 

Other

 

—

 

—

 

 

 

$

5.6

 

$

4.7

 
Purchase activity with related parties

 

 

 

Six months ended
June 30,

 

 

 

2011

 

2010

 

Grupo Mexico and affiliates:

 

 

 

 

 

Grupo Mexico Servicios, S.A de C.V

 

$

7.0

 

$

6.9

 

Asarco LLC

 

7.7

 

—

 

Ferrocarril Mexicano, S.A de C.V.

 

4.1

 

1.6

 

Mexico Constructora Industrial S.A. de C.V.

 

14.1

 

—

 

Compania Perforadora Mexico S.A.P.I. de C.V and affiliates

 

0.4

 

—

 

Consorcio Tricobre

 

0.5

 

1.4

 

Mexico Proyectos y Desarrollos, S.A. de C.V. and affiliates

 

1.8

 

8.8

 

 

 

 

 

 

 

Other Larrea family companies:

 

 

 

 

 

Mexico Compania de Productos Automotrices, S.A. de C.V.

 

0.2

 

1.1

 

Mextransport

 

1.3

 

1.0

 

 

 

 

 

 

 

Companies with relationships to SCC executive officers families:

 

 

 

 

 

Higher Technology S.A.C.

 

0.9

 

1.5

 

Servicios y Fabricaciones Mecanicas S.A.C.

 

0.2

 

0.2

 

Sempertrans France Belting Technology

 

0.2

 

0.4

 

PIGOBA, S.A. de C.V.

 

0.1

 

0.1

 

Breaker, S.A. de C.V.

 

2.9

 

0.3

 

Total purchased

 

$

41.4

 

$

23.3

 
Conditions and balance of loan guarantee for related party

 

 

 

Loan Open

 

Original loan balance (in millions)

 

$

8.5

 

Maturity

 

August 2013

 

Interest rate

 

Libor + 0.15

%

Remaining balance at June 30, 2011 (in millions)

 

$

3.2

 
Sales activity with related parties

 

 

 

2011

 

2010

 

First quarter

 

$

17.9

 

$

—

 

Second quarter

 

34.6

 

5.1

 

Total

 

$

52.5

 

$

5.1