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RELATED PARTY TRANSACTIONS: (Tables)
3 Months Ended
Mar. 31, 2015
Related party transactions  
Receivable and payable balances with related parties

 

Receivable and payable balances with related parties are shown below (in millions):

 

 

 

At March 31,
2015

 

At December 31,
2014

 

Related parties receivable current:  

 

 

 

 

 

Asarco LLC

 

$

0.8 

 

$

 

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

 

0.4 

 

0.2 

 

Grupo Mexico

 

0.8 

 

0.7 

 

Mexico Generadora de Energia S. de R.L. (“MGE”)

 

24.1 

 

31.9 

 

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

 

0.1 

 

 

 

 

$

26.2 

 

$

32.8 

 

 

 

 

 

 

 

Related parties receivable non-current:

 

 

 

 

 

MGE

 

$

161.2 

 

$

161.2 

 

 

 

 

At March 31,
2015

 

At December 31,
2014

 

Related parties payable:

 

 

 

 

 

Asarco LLC

 

$

 

$

13.8 

 

Breaker S.A. de C.V. and affiliates (“Breaker”)

 

0.2 

 

0.7 

 

Eolica El Retiro, S.A.P.I. de C.V.

 

0.2 

 

1.6 

 

Ferrocarril Mexicano S.A. de C.V.

 

0.5 

 

1.8 

 

Grupo Mexico

 

5.9 

 

2.8 

 

Higher Technology S.A.C.

 

 

0.2 

 

MGE

 

4.7 

 

45.2 

 

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

 

2.0 

 

1.7 

 

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

 

1.4 

 

1.3 

 

 

 

$

14.9 

 

$

69.1 

 

 

Grupo Mexico and affiliates  
Related party transactions  
Purchase and sales activities with related parties

 

The following table summarizes the purchase and sale activities with Grupo Mexico and its affiliates in the three months ended March 31, 2015 and 2014 (in millions):

 

 

 

2015

 

2014

 

Purchase activity

 

 

 

 

 

Asarco LLC

 

$

7.7 

 

$

15.1 

 

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

 

0.3 

 

1.2 

 

Eolica El Retiro, S.A.P.I. de C.V.

 

3.9 

 

 

Ferrocarril Mexicano S.A de C.V.

 

3.3 

 

5.3 

 

Grupo Mexico

 

 

3.4 

 

 

3.5 

 

MGE

 

37.8 

 

48.9 

 

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

 

10.6 

 

47.2 

 

Total Purchases

 

$

67.0 

 

$

121.2 

 

 

 

 

 

 

 

Sales activity

 

 

 

 

 

Asarco LLC

 

$

35.9 

 

$

 

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

 

0.1 

 

0.1 

 

MGE

 

22.2 

 

24.3 

 

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

 

0.2 

 

0.2 

 

Total Sales

 

$

58.4 

 

$

24.6 

 

 

Companies with relationship to the controlling group  
Related party transactions  
Purchase and sales activities with related parties

 

The following table summarizes the purchase and sales activities with other Larrea family companies in the three months ended March 31, 2015 and 2014 (in millions):

 

Mextransport:

 

2015

 

2014

 

 

 

 

 

 

 

Purchase activity

 

$

0.1 

 

$

0.6 

 

 

 

 

 

 

 

Sales activity

 

$

0.1 

 

$

0.1 

 

 

Companies with relationship to SCC executive officers' families  
Related party transactions  
Purchase activity with related parties

 

The following table summarizes the purchase activities with companies with relationships to SCC executive officers in the three months ended March 31, 2015 and 2014 (in millions):

 

 

 

2015

 

2014

 

Breaker

 

$

0.3 

 

$

0.9 

 

Higher Technology S.A.C.

 

0.3 

 

0.3 

 

Sempertrans and affiliates

 

0.2 

 

0.3 

 

Servicios y Fabricaciones Mecanicas S.A.C.

 

0.2 

 

0.3 

 

Total purchases

 

$

1.0 

 

$

1.8