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RELATED PARTY TRANSACTIONS: (Tables)
12 Months Ended
Dec. 31, 2018
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,

 

    

2018

    

2017

Related parties receivable current:

 

 

 

 

 

 

Grupo Mexico and affiliates:

 

 

 

 

 

 

Asarco LLC

 

$

74.4

 

 

4.1

Americas Mining Corporation (“AMC”)

 

 

11.0

 

 

 —

AMMINCO Apoyo Administrativo, S.A. de C.V. (“AMMINCO”)

 

 

0.2

 

 

 —

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

 

 

1.4

 

 

1.4

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

 

 

0.1

 

 

 —

Grupo Mexico

 

 

2.7

 

 

2.8

Mexico Generadora de Energia S. de R.L. ("MGE")

 

 

10.3

 

$

16.2

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

 

 

0.6

 

 

1.1

Related to the controlling group:

 

 

 

 

 

 

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

 

 

0.3

 

 

0.2

Mexico Transportes Aereos, S.A. de C.V. ("Mextransport")

 

 

0.1

 

 

 —

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

 

 

0.4

 

 

0.3

 

 

$

101.5

 

$

26.1

Related parties payable:

 

 

 

 

 

 

Grupo Mexico and affiliates:

 

 

 

 

 

 

Asarco LLC

 

$

4.1

 

$

24.2

AMMINCO

 

 

8.0

 

 

 —

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

 

 

1.0

 

 

0.8

Ferrocarril Mexicano S.A. de C.V.

 

 

6.4

 

 

2.6

Grupo Mexico

 

 

0.6

 

 

0.7

MGE

 

 

40.6

 

 

38.5

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

 

 

14.4

 

 

21.7

Related to the controlling group:

 

 

 

 

 

 

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

 

 

0.1

 

 

0.6

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

 

 

 —

 

 

0.3

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

 

 

0.1

 

 

0.7

 

 

$

75.3

 

$

90.1

 

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 2018, 2017 and 2016 (in millions):

 

 

 

 

 

 

 

 

 

 

 

 

    

2018

    

2017

    

2016

Purchase activity

 

 

 

 

 

 

 

 

 

Asarco LLC

 

$

37.2

 

$

37.2

 

$

30.3

AMMINCO

 

 

8.0

 

 

 —

 

 

 —

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

 

 

 —

 

 

 —

 

 

0.3

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

 

 

3.6

 

 

3.3

 

 

2.0

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

 

 

41.7

 

 

43.5

 

 

42.7

Grupo Mexico

 

 

10.1

 

 

14.0

 

 

13.8

MGE

 

 

200.1

 

 

223.7

 

 

233.8

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

 

 

79.8

 

 

152.9

 

 

76.0

Total purchases

 

$

380.5

 

$

474.6

 

$

398.9

Sales activity

 

 

 

 

 

 

 

 

 

Asarco LLC

 

$

81.8

 

$

96.2

 

$

37.1

AMMINCO

 

 

0.3

 

 

 —

 

 

 —

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

 

 

 —

 

 

0.2

 

 

0.6

Grupo Mexico

 

 

 —

 

 

0.2

 

 

0.6

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

 

 

 —

 

 

 —

 

 

0.4

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

 

 

 —

 

 

 —

 

 

0.1

MGE

 

 

68.2

 

 

101.0

 

 

95.9

Total sales

 

$

150.3

 

$

197.6

 

$

134.7

 

Related 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 2018, 2017 and 2016 (in millions):

 

 

 

 

 

 

 

 

 

 

 

 

    

2018

    

2017

    

2016

Purchase activity

 

 

 

 

 

 

 

 

 

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

 

$

0.3

 

$

0.3

 

$

0.4

Mextransport

 

 

12.4

 

 

1.3

 

 

2.0

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

 

 

0.2

 

 

0.1

 

 

0.5

Total purchases

 

$

12.9

 

$

1.7

 

$

2.9

Sales activity

 

 

 

 

 

 

 

 

 

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

 

$

0.2

 

$

0.2

 

$

0.2

Mextransport

 

 

1.2

 

 

0.3

 

 

0.2

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

 

 

0.1

 

 

0.2

 

 

0.1

Total sales

 

$

1.5

 

$

0.7

 

$

0.5