XML 39 R26.htm IDEA: XBRL DOCUMENT v3.5.0.2
RELATED PARTY TRANSACTIONS: (Tables)
6 Months Ended
Jun. 30, 2016
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 June 30,
2016

 

At December 31,
2015

 

Related parties receivable current:

 

 

 

 

 

Asarco LLC

 

$

6.1 

 

$

 

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

 

1.2 

 

 

0.7 

 

Ferrocarril Mexicano S.A. de C.V.

 

 

0.2 

 

Grupo Mexico

 

4.7 

 

0.6 

 

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

 

14.9 

 

13.9 

 

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

 

1.2 

 

0.3 

 

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

 

0.1 

 

0.1 

 

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

 

0.1 

 

 

 

 

 

 

 

 

 

 

$

28.3 

 

$

15.8 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Related parties receivable non-current:

 

 

 

 

 

MGE

 

$

74.8 

 

$

111.2 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Related parties payable:

 

 

 

 

 

Asarco LLC

 

$

34.5 

 

$

20.6 

 

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

 

0.2 

 

0.1 

 

Ferrocarril Mexicano S.A. de C.V.

 

0.1 

 

 

Grupo Mexico

 

0.8 

 

12.0 

 

MGE

 

30.8 

 

23.0 

 

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

 

7.5 

 

11.8 

 

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

 

 

0.2 

 

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

 

0.5 

 

0.5 

 

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

 

0.3 

 

0.2 

 

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

 

0.3 

 

0.3 

 

Higher Technology S.A.C.

 

0.2 

 

 

Sempertrans and affiliates

 

 

0.6 

 

 

 

 

 

 

 

 

 

$

75.2 

 

$

69.3 

 

 

 

 

 

 

 

 

 

 

Grupo Mexico and affiliates  
RELATED PARTY TRANSACTIONS:  
Schedule of purchase and sales activities with related parties

The following table summarizes the purchase and sale activities with Grupo Mexico and its affiliates in the six months ended June 30, 2016 and 2015 ($ in millions):

 

 

 

2016

 

2015

 

Purchase activity

 

 

 

 

 

Asarco LLC

 

$

14.8 

 

$

14.7 

 

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

 

 

0.3 

 

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

 

1.0 

 

4.8 

 

Ferrocarril Mexicano S.A de C.V.

 

21.0 

 

8.2 

 

Grupo Mexico

 

6.9 

 

6.9 

 

MGE

 

108.7 

 

62.9 

 

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

 

42.8 

 

18.6 

 

 

 

 

 

 

 

Total purchases

 

$

195.2 

 

$

116.4 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales activity

 

 

 

 

 

Asarco LLC

 

$

34.6 

 

$

71.1 

 

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

 

0.4 

 

0.2 

 

Grupo Mexico

 

0.3 

 

 

MGE

 

50.1 

 

39.0 

 

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

 

0.3 

 

0.4 

 

 

 

 

 

 

 

Total sales

 

$

85.7 

 

$

110.7 

 

 

 

 

 

 

 

 

 

 

Companies with relationship to the controlling group  
RELATED PARTY TRANSACTIONS:  
Schedule of purchase and sales activities with related parties

The following tables summarize the purchase and sales activities with other Larrea family companies in the six months ended June 30, 2016 and 2015 ($ in millions):

 

 

 

2016

 

2015

 

Purchase activity

 

 

 

 

 

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

 

$

0.2 

 

$

 

Mextransport

 

1.0 

 

0.1 

 

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

 

0.3 

 

 

 

 

 

 

 

 

Total purchases

 

$

1.5 

 

$

0.1 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales activity

 

 

 

 

 

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

 

$

0.1 

 

$

 

Mextransport

 

0.2 

 

0.1 

 

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

 

 

 

 

 

 

 

 

 

Total sales

 

$

0.3 

 

$

0.1 

 

 

 

 

 

 

 

 

 

 

Companies with relationship to SCC executive officers' families  
RELATED PARTY TRANSACTIONS:  
Schedule of purchase activity with related parties

The following table summarizes the purchase activities with companies with relationships to SCC executive officers in the six months ended June 30, 2016 and 2015 ($ in millions):

 

 

 

2016

 

2015

 

Breaker

 

$

0.4 

 

$

0.5 

 

Higher Technology S.A.C.

 

0.6 

 

0.8 

 

Pigoba S.A. de C.V.

 

0.1 

 

 

Sempertrans and affiliates

 

 

0.3 

 

Servicios y Fabricaciones Mecanicas S.A.C.

 

0.2 

 

0.4 

 

 

 

 

 

 

 

Total purchases

 

$

1.3 

 

$

2.0