XML 41 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED BALANCE SHEET (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 1,518,181 $ 848,118
Short-term investments 227,261 521,955
Accounts receivable trade 713,269 695,104
Accounts receivable other (including related parties 2012 - $1,024 and 2011 - $1,988) 111,265 188,477
Inventories 609,079 651,896
Deferred income tax 127,803 88,797
Other current assets 99,719 107,156
Total current assets 3,406,577 3,101,503
Property, net 4,495,890 4,419,885
Leachable material, net 153,990 122,985
Intangible assets, net 109,961 110,436
Deferred income tax 158,415 145,251
Other assets 169,022 162,641
Total assets 8,493,855 8,062,701
Current liabilities:    
Current portion of long-term debt 10,000 10,000
Accounts payable (including related parties 2012 - $12,033 and 2011 - $4,392) 450,793 443,132
Accrued income taxes 144,929 182,491
Deferred income tax 39,860 39,860
Accrued workers' participation 223,080 245,139
Accrued interest 62,756 59,906
Other accrued liabilities 26,604 12,349
Total current liabilities 958,022 992,877
Long-term debt 2,735,885 2,735,732
Deferred income taxes 131,193 125,191
Non-current taxes payable 66,982 66,982
Other liabilities and reserves 44,191 43,665
Asset retirement obligation 62,832 61,971
Total non-current liabilities 3,041,083 3,033,541
Commitments and contingencies (Note 10)      
STOCKHOLDERS' EQUITY    
Common stock 8,846 8,846
Additional paid-in capital 1,198,873 1,039,382
Retained earnings 4,017,084 3,852,054
Accumulated other comprehensive income (loss) 7,427 12,874
Treasury stock, at cost, common shares (760,088) (897,852)
Total Southern Copper Corporation stockholders' equity 4,472,142 4,015,304
Non-controlling interest 22,608 20,979
Total equity 4,494,750 4,036,283
Total liabilities and equity $ 8,493,855 $ 8,062,701