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RELATED PARTY TRANSACTIONS: (Tables)
3 Months Ended
Mar. 31, 2017
RELATED PARTY TRANSACTIONS:  
Schedule of receivable and payable balances with related parties

 

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

 

Related parties receivable current:

 

At March 31,
2017

 

At December 31, 2016

 

Asarco LLC

 

$

22.2

 

$

5.5

 

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

 

0.1

 

0.1

 

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

 

1.4

 

1.3

 

Grupo Mexico

 

4.7

 

4.5

 

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

 

17.0

 

10.2

 

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

 

1.1

 

1.5

 

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

 

0.2

 

0.2

 

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

 

0.1

 

0.1

 

 

 

 

 

 

 

 

 

$

46.8

 

$

23.4

 

 

 

 

 

 

 

 

 

 

Related parties payable:

 

At March 31,
2017

 

At December 31,
2016

 

Asarco LLC

 

$

40.6

 

$

36.3

 

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

 

0.2

 

0.2

 

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

 

0.5

 

0.1

 

Ferrocarril Mexicano S.A. de C.V.

 

4.1

 

3.0

 

Grupo Mexico

 

1.4

 

0.1

 

MGE

 

23.0

 

13.9

 

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

 

7.1

 

7.8

 

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

 

 

0.1

 

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

 

0.4

 

0.4

 

Servicios y Fabricaciones Mecanicas

 

0.2

 

 

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

 

 

0.3

 

 

 

 

 

 

 

 

 

$

77.5

 

$

62.2

 

 

 

 

 

 

 

 

 

 

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 three months ended March 31, 2017 and 2016 (in millions):

 

 

 

2017

 

2016

 

Purchase activity

 

 

 

 

 

Asarco LLC

 

$

13.0

 

$

6.2

 

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

 

0.9

 

0.5

 

Ferrocarril Mexicano S.A de C.V.

 

10.8

 

9.7

 

Grupo Mexico

 

3.5

 

8.6

 

MGE

 

61.1

 

56.7

 

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

 

27.1

 

8.4

 

 

 

 

 

 

 

Total purchases

 

$

116.4

 

$

90.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales activity

 

 

 

 

 

Asarco LLC

 

$

41.8

 

$

19.5

 

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

 

0.2

 

0.1

 

Grupo Mexico

 

0.2

 

0.1

 

MGE

 

24.4

 

33.0

 

 

 

 

 

 

 

Total sales

 

$

66.6

 

$

52.7

 

 

 

 

 

 

 

 

 

 

Companies with relationship to the controlling group  
RELATED PARTY TRANSACTIONS:  
Schedule of 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, 2017 and 2016 (in millions):

 

 

 

2017

 

2016

 

Purchase activity

 

 

 

 

 

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

 

$

 

$

0.2

 

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

 

 

0.3

 

 

 

 

 

 

 

Total purchases

 

$

 

$

0.5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales activity

 

 

 

 

 

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

 

$

0.1

 

$

(*

)

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

 

(*

)

(*

)

 

 

 

 

 

 

Total sales

 

$

0.1

 

$

 

 

 

 

 

 

 

 

 

 

(*) amount is lower than $0.1 million

Companies with relationship to SCC executive officers  
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 three months ended March 31, 2017 and 2016 (in millions):

 

Purchase activity

 

2017

 

2016

 

Breaker

 

$

 

$

0.4

 

Higher Technology S.A.C.

 

 

0.2

 

Pigoba, S.A. de C.V.

 

 

0.1

 

Servicios y Fabricaciones Mecanicas S.A.C.

 

0.2

 

0.2

 

 

 

 

 

 

 

Total purchases

 

$

0.2

 

$

0.9