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SEGMENT AND RELATED INFORMATION: (Tables)
 3 Months Ended
Mar. 31, 2017
SEGMENT AND RELATED INFORMATION:  
Schedule of financial information relating to Company's segments

 

 

 

Three Months Ended March 31, 2017

 

 

 

(in millions)

 

 

 

Mexican
Open-Pit

 

Mexican
IMMSA Unit

 

Peruvian
Operations

 

Corporate, other
and eliminations

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales outside of segments

 

$
952.2

 

$
110.2

 

$
521.5

 

 

 

$
1.583.9

 

Intersegment sales

 

 

 
20.6

 

 

 

$
(20.6

)

—

 

Cost of sales (exclusive of depreciation, amortization and depletion)

 
464.8

 
83.0

 
315.7

 
(19.7

)
843.8

 

Selling, general and administrative

 
10.0

 
2.2

 
9.0

 
0.2

 
21.4

 

Depreciation, amortization and depletion

 
98.6

 
13.4

 
35.3

 
6.1

 
153.4

 

Exploration

 
0.5

 
0.7

 
2.1

 
1.8

 
5.1

 

Environmental remediation

 
(10.2

)

—

 

—

 

—

 
(10.2

)

 

 

 

 

 

 

 

 

 

 

 

 

Operating income

 

$
388.5

 

$
31.5

 

$
159.4

 

$
(9.0

)
570.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Less:

 

 

 

 

 

 

 

 

 

 

 

Interest, net

 

 

 

 

 

 

 

 

 
(89.9

)

Other income (expense)

 

 

 

 

 

 

 

 

 
4.8

 

Income taxes

 

 

 

 

 

 

 

 

 
(176.2

)

Equity earnings of affiliate

 

 

 

 

 

 

 

 

 
6.2

 

Non-controlling interest

 

 

 

 

 

 

 

 

 
(0.9

)

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to SCC

 

 

 

 

 

 

 

 

 

$
314.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital investment

 

$
57.3

 

$
7.0

 

$
181.1

 

$
0.2

 

$
245.6

 

Property and mine development, net

 

$
5,171.1

 

$
375.9

 

$
2,986.6

 

$
222.3

 

$
8,755.9

 

Total assets

 

$
8,481.7

 

$
889.0

 

$
4,391.0

 

$
(238.7

)

$
13,523.0

 

 

 

 

Three Months Ended March 31, 2016

 

 

 

(in millions)

 

 

 

Mexican
Open-Pit

 

Mexican
IMMSA Unit

 

Peruvian
Operations

 

Corporate, other
and eliminations

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales outside of segments

 

$
741.9

 

$
69.7

 

$
433.5

 

 

 

$
1,245.1

 

Intersegment sales

 

 

 
15.4

 

 

 

$
(15.4

)

—

 

Cost of sales (exclusive of depreciation, amortization and depletion)

 
394.4

 
68.7

 
304.6

 
(40.9

)
726.8

 

Selling, general and administrative

 
13.5

 
1.5

 
11.1

 
0.2

 
26.3

 

Depreciation, amortization and depletion

 
64.9

 
9.4

 
54.4

 
6.6

 
135.3

 

Exploration

 
1.6

 
1.8

 
3.4

 
3.7

 
10.5

 

Environmental remediation

 

—

 

—

 

—

 

—

 

—

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating income

 

$
267.5

 

$
3.7

 

$
60.0

 

$
15.0

 
346.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Less:

 

 

 

 

 

 

 

 

 

 

 

Interest, net

 

 

 

 

 

 

 

 

 
(72.8

)

Other income (expense)

 

 

 

 

 

 

 

 

 
(0.5

)

Income taxes

 

 

 

 

 

 

 

 

 
(92.3

)

Equity earnings of affiliate

 

 

 

 

 

 

 

 

 
5.1

 

Non-controlling interest

 

 

 

 

 

 

 

 

 
(0.6

)

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to SCC

 

 

 

 

 

 

 

 

 

$
185.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital investment

 

$
109.1

 

$
6.8

 

$
107.3

 

$
0.1

 

$
223.3

 

Property and mine development, net

 

$
5,024.3

 

$
460.1

 

$
2,659.5

 

$
256.6

 

$
8,400.5

 

Total assets

 

$
8,542.5

 

$
788.7

 

$
3,996.6

 

$
(520.1

)

$
12,807.7