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REVENUE: (Tables)

3 Months Ended

Mar. 31, 2019

REVENUE:

Summary of company's sales by geographic wise and segment wise

The geographic breakdown of the Company’s sales is as follows (in millions):

		Three Months Ended March 31, 2019
		Mexican			Mexican			Peruvian			Corporate &
		Open-Pit			IMMSA Unit			Operations			Elimination			Consolidated
The Americas:
Mexico		$	351.3		$	86.8		$	—		$	(19.9)		$	418.2
United States			279.0			1.4			6.7			—			287.1
Peru			1.6			—			85.7			—			87.3
Brazil			—			7.2			48.3			—			55.5
Chile			1.1			—			20.0			—			21.1
Other American countries			12.8			0.5			1.8			—			15.1
Europe:
Switzerland			225.4			12.0			110.4			—			347.8
Italy			29.2			5.5			47.3			—			82.0
Spain			45.5			—			—			—			45.5
Other European countries			22.9			5.8			53.9			—			82.6
Asia:
Singapore			58.5			1.8			52.6			—			112.9
Japan			9.8			—			117.5			—			127.3
Other Asian countries			35.0			0.1			35.9			—			71.0
Total		$	1,072.1		$	121.1		$	580.1		$	(19.9)		$	1,753.4

		Three Months Ended March 31, 2018
		Mexican			Mexican			Peruvian			Corporate &
		Open-Pit			IMMSA Unit			Operations			Elimination			Consolidated
The Americas:
Mexico		$	368.8		$	111.3		$	—		$	(19.6)		$	460.5
United States			248.4			5.0			41.5			—			294.9
Peru			—			—			93.5			—			93.5
Brazil			—			12.6			62.9			—			75.5
Chile			—			—			36.0			—			36.0
Other American countries			12.6			0.8			1.0			—			14.4
Europe:
Switzerland			82.3			9.2			43.8			—			135.3
Italy			8.3			5.5			82.2			—			96.0
Spain			44.5			—			—			—			44.5
Other European countries			51.8			4.6			25.7			—			82.1
Asia:
Singapore			143.9			—			132.5			—			276.4
Japan			44.2			—			115.2			—			159.4
Other Asian countries			63.8			0.2			8.6			—			72.6
Total		$	1,068.6		$	149.2		$	642.9		$	(19.6)		$	1,841.1

The following table presents information regarding the sales value by reporting segment of the Company’s significant products for the three months ended March 31, 2019 and 2018 (in millions):

		Three Months Ended March 31, 2019
		Mexican			Mexican			Peruvian			Corporate &
		Open-Pit			IMMSA Unit			Operations			Elimination			Consolidated
Copper		$	895.1		$	11.0		$	522.4		$	(12.9)		$	1,415.6
Molybdenum			90.1			—			28.2			—			118.3
Zinc			—			77.1			—			(0.4)			76.7
Silver			50.4			17.3			14.9			(5.8)			76.8
Other			36.5			15.7			14.6			(0.8)			66.0
Total		$	1,072.1		$	121.1		$	580.1		$	(19.9)		$	1,753.4

		Three Months Ended March 31, 2018
		Mexican			Mexican			Peruvian			Corporate &
		Open-Pit			IMMSA Unit			Operations			Elimination			Consolidated
Copper		$	909.4		$	11.2		$	564.0		$	(11.2)		$	1,473.4
Molybdenum			91.0			—			45.3			—			136.3
Zinc			—			95.0			—			(0.1)			94.9
Silver			42.6			20.6			15.4			(7.5)			71.1
Other			25.6			22.4			18.2			(0.8)			65.4
Total		$	1,068.6		$	149.2		$	642.9		$	(19.6)		$	1,841.1

Schedule of opening and closing balances of receivables by reporting segment

The opening and closing balances of receivables by reporting segment of the Company were as follows (in millions):

		Mexican			Mexican			Peruvian			Corporate &
		Open-Pit			IMMSA Unit			Operations			Elimination			Consolidated
As of March 31, 2019:
Trade receivables		$	543.9		$	54.0		$	278.7		$	—		$	876.6
Related parties			89.2			—			—			9.0		$	98.2
As of December 31, 2018:
Trade receivables		$	505.9		$	50.5		$	266.0		$	—		$	822.4
Related parties			81.6			—			—			19.9			101.5

Schedule long term contracts by products

As of March 31, 2019, the Company has long-term contracts with promises to deliver the following products in 2019:

Copper concentrates (in tons)		1,090,000
Copper cathodes (in tons)		48,000
Molybdenum concentrates (in tons)		24,106
Sulfuric acid (in tons)		331,620

Schedule of provisionally priced copper and molybdenum sales outstanding

Following are the provisionally priced copper and molybdenum sales outstanding at March 31, 2019:

		Sales volume		Priced at
		(million lbs.)		(per pound)			Month of settlement
Copper		105.0		$	2.94		April through July 2019
Molybdenum		10.2		$	12.13		April through June 2019

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