XML 67 R46.htm IDEA: XBRL DOCUMENT v3.3.1.900
RELATED PARTY TRANSACTIONS: (Tables)
12 Months Ended
Dec. 31, 2015
Related party transactions  
Schedule of receivable and payable balances with related parties

 

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

 

 

 

At December 31,

 

 

 

2015

 

2014

 

Related parties receivable current:

 

 

 

 

 

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

 

$

0.7 

 

$

0.2 

 

Ferrocarril Mexicano S.A. de C.V.

 

0.2 

 

 

Grupo Mexico

 

0.6 

 

0.7 

 

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

 

13.9 

 

31.9 

 

Operadora de Generadoras de Energia Mexico S.A. de C.V.

 

0.1 

 

 

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

 

0.3 

 

 

 

 

 

 

 

 

 

 

$

15.8 

 

$

32.8 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Related parties receivable non-current:

 

 

 

 

 

MGE

 

$

111.2 

 

$

161.2 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Related parties payable:

 

 

 

 

 

Asarco LLC

 

$

20.6 

 

$

13.8 

 

Boutique Bowling de Mexico S.A. de C.V.

 

0.2 

 

 

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

 

0.3 

 

0.7 

 

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

 

0.1 

 

1.6 

 

Ferrocarril Mexicano S.A. de C.V.

 

 

1.8 

 

Grupo Mexico

 

12.0 

 

2.8 

 

Higher Technology S.A.C.

 

 

0.2 

 

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

 

0.5 

 

1.3 

 

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

 

11.8 

 

1.7 

 

MGE

 

23.0 

 

45.2 

 

Operadora de Cinemas S.A. de C.V.

 

0.2 

 

 

Sempertrans and affiliates

 

0.6 

 

 

 

 

 

 

 

 

 

 

$

69.3 

 

$

69.1 

 

 

 

 

 

 

 

 

 

 

Grupo Mexico and Affiliates  
Related party transactions  
Schedule of purchase and sales activities with related parties

 

The following table summarize the purchase and sale activities with Grupo Mexico and its affiliates in 2015, 2014 and 2013 (in millions):

 

 

 

2015

 

2014

 

2013

 

Purchase activity

 

 

 

 

 

 

 

Asarco LLC

 

$

32.0 

 

$

47.9 

 

$

98.0 

 

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

 

0.3 

 

3.1 

 

6.1 

 

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

 

6.6 

 

7.6 

 

 

Ferrocarril Mexicano, S.A. de C.V.

 

27.3 

 

22.7 

 

19.7 

 

Grupo Mexico

 

13.8 

 

13.9 

 

13.8 

 

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

 

57.3 

 

61.4 

 

54.4 

 

MGE

 

143.3 

 

178.4 

 

14.4 

 

 

 

 

 

 

 

 

 

Total purchases

 

$

280.6 

 

$

335.0 

 

$

206.4 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales activity

 

 

 

 

 

 

 

Asarco LLC

 

$

72.3 

 

$

24.7 

 

$

88.7 

 

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

 

0.6 

 

0.6 

 

0.6 

 

Grupo Mexico

 

0.5 

 

 

 

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

 

0.8 

 

0.8 

 

0.8 

 

MGE

 

81.7 

 

96.5 

 

27.3 

 

 

 

 

 

 

 

 

 

Total sales

 

$

155.9 

 

$

122.6 

 

$

117.4 

 

 

 

 

 

 

 

 

 

 

 

 

 

Companies with relationship to the controlling group  
Related party transactions  
Schedule of purchase and sales activities with related parties

 

The following table summarize the purchase and sales activities with other Larrea family companies in 2015, 2014 and 2013 (in millions):

 

 

 

2015

 

2014

 

2013

 

Purchase activity

 

 

 

 

 

 

 

Boutique Bowling de Mexico S.A. de C.V.

 

$

0.4 

 

$

 

$

 

Mextransport

 

2.0 

 

2.5 

 

2.7 

 

Operadora de Cinemas S.A. de C.V.

 

0.5 

 

 

 

 

 

 

 

 

 

 

 

Total purchases

 

$

2.9 

 

$

2.5 

 

$

2.7 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales activity

 

 

 

 

 

 

 

Boutique Bowling de Mexico S.A. de C.V.

 

$

0.3 

 

$

 

$

 

Mextransport

 

0.3 

 

0.3 

 

0.3 

 

Operadora de Cinemas S.A. de C.V.

 

0.2 

 

 

 

 

 

 

 

 

 

 

 

Total sales

 

$

0.8 

 

$

0.3 

 

$

0.3 

 

 

 

 

 

 

 

 

 

 

 

 

 

Companies with relationship to SCC executive officers' families  
Related party transactions  
Schedule of purchase activity with related parties

 

The following table summarize the purchase activities with companies with relationships to SCC executive officers in 2015, 2014 and 2013 (in millions):

 

 

 

2015

 

2014

 

2013

 

Higher Technology S.A.C.

 

$

1.4 

 

$

3.2 

 

$

2.2 

 

Servicios y Fabricaciones Mecanicas S.A.C.

 

0.7 

 

1.3 

 

0.4 

 

Sempertrans

 

1.2 

 

1.2 

 

1.1 

 

Breaker

 

5.5 

 

10.1 

 

3.9 

 

Pigoba, S.A. de C.V.

 

 

0.6 

 

0.3 

 

 

 

 

 

 

 

 

 

Total purchased

 

$

8.8 

 

$

16.4 

 

$

7.9