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RELATED PARTY TRANSACTIONS: (Tables)
6 Months Ended
Jun. 30, 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):

 

 

 

At June 30,
2017

 

At December 31,
2016

 

Related parties receivable current:

 

 

 

 

 

Asarco LLC

 

$

47.6

 

$

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

 

1.5

 

1.3

 

Grupo Mexico

 

4.8

 

4.5

 

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

 

18.5

 

10.2

 

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

 

1.2

 

1.5

 

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

 

0.3

 

0.2

 

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

 

 

0.1

 

 

 

 

 

 

 

 

 

$

74.0

 

$

23.4

 

 

 

 

 

 

 

 

 

 

 

 

At June 30,
2017

 

At December 31,
2016

 

Related parties payable:

 

 

 

 

 

Asarco LLC

 

$

40.6

 

$

36.3

 

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

 

0.3

 

0.2

 

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

 

0.7

 

0.1

 

Ferrocarril Mexicano S.A. de C.V.

 

3.1

 

3.0

 

Grupo Mexico

 

2.6

 

0.1

 

MGE

 

43.0

 

13.9

 

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

 

7.7

 

7.8

 

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

 

0.1

 

0.1

 

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

 

0.5

 

0.4

 

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

 

 

0.3

 

 

 

 

 

 

 

 

 

$

98.6

 

$

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 six months ended June 30, 2017 and 2016 (in millions):

 

 

 

2017

 

2016

 

Purchase activity

 

 

 

 

 

Asarco LLC

 

$

19.6

 

$

14.8

 

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

 

2.0

 

1.0

 

Ferrocarril Mexicano S.A de C.V.

 

23.5

 

21.0

 

Grupo Mexico

 

6.9

 

6.9

 

MGE

 

118.9

 

108.7

 

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

 

72.3

 

42.8

 

 

 

 

 

 

 

Total purchases

 

$

243.2

 

$

195.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales activity

 

 

 

 

 

Asarco LLC

 

$

82.1

 

$

34.6

 

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

 

0.2

 

0.4

 

Grupo Mexico

 

0.2

 

0.3

 

MGE

 

49.4

 

50.1

 

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

 

 

0.3

 

 

 

 

 

 

 

Total sales

 

$

131.9

 

$

85.7

 

 

 

 

 

 

 

 

 

 

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 six months ended June 30, 2017 and 2016 (in millions):

 

 

 

2017

 

2016

 

Purchase activity

 

 

 

 

 

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

 

$

0.1

 

$

0.2

 

Mextransport

 

0.4

 

1.0

 

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

 

0.1

 

0.3

 

 

 

 

 

 

 

Total purchases

 

$

0.6

 

$

1.5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Sales activity

 

 

 

 

 

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

 

$

0.1

 

$

0.1

 

Mextransport

 

 

0.2

 

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

 

0.1

 

 

 

 

 

 

 

 

Total sales

 

$

0.2

 

$

0.3

 

 

 

 

 

 

 

 

 

 

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 six months ended June 30, 2017 and 2016 (in millions):

 

 

 

2017

 

2016

 

Breaker

 

$

(*

)

$

0.4

 

Higher Technology S.A.C.

 

 

0.6

 

Pigoba S.A. de C.V.

 

 

0.1

 

Servicios y Fabricaciones Mecanicas S.A.C.

 

0.2

 

0.2

 

 

 

 

 

 

 

Total purchases

 

$

0.2

 

$

1.3

 

 

 

 

 

 

 

 

 

 

 

(*) amount is lower than $0.1 million