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REVENUE: (Tables)

3 Months Ended

Mar. 31, 2023

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, 2023
					Mexican
		Mexican			IMMSA			Peruvian			Corporate &
		Open-Pit			Unit			Operations			Elimination			Consolidated
The Americas:
Mexico		$	660.9		$	137.0		$	—		$	(36.5)		$	761.4
United States			356.7			7.4			148.3						512.4
Peru			—			1.8			164.4			(1.7)			164.5
Brazil			—			10.9			97.2						108.1
Chile			(5.2)			—			105.9						100.7
Other American countries			9.5			—			6.2						15.7
Europe:
Switzerland			136.8			8.6			103.5						248.9
Italy			(0.2)			6.4			117.1						123.3
Spain			123.9			—			—						123.9
Other European countries			59.6			7.3			53.3						120.2
Asia:
China			153.3			—			29.7						183.0
Singapore			44.2			—			57.3						101.5
Japan			61.9			—			137.6						199.5
Other Asian countries			25.5			0.1			5.2						30.8
Total		$	1,626.9		$	179.5		$	1,025.7		$	(38.2)		$	2,793.9


		Three Months Ended March 31, 2022
					Mexican
		Mexican			IMMSA			Peruvian			Corporate &
		Open-Pit			Unit			Operations			Elimination			Consolidated
The Americas:
Mexico		$	533.8		$	130.8		$	—		$	(40.0)		$	624.6
United States			455.6			15.7			90.8			—			562.1
Peru			115.0			—			177.5			(114.7)			177.8
Brazil			—			5.2			119.1			—			124.3
Chile			—			—			103.5						103.5
Other American countries			6.5			—			5.4			—			11.9
Europe:
Switzerland			227.4			8.3			191.1						426.8
Italy			0.5			4.0			67.5						72.0
Spain			93.2			—			1.7						94.9
Other European countries			30.8			8.4			86.1						125.3
Asia:
China			112.4			—			—			—			112.4
Singapore			4.7			4.9			52.2						61.8
Japan			22.0			—			161.4			—			183.4
Other Asian countries			44.3			0.2			38.5		0				83.0
Total		$	1,646.2		$	177.5		$	1,094.8		$	(154.7)		$	2,763.8

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, 2023 and 2022 (in millions):


		Three Months Ended March 31, 2023
					Mexican
		Mexican			IMMSA			Peruvian			Corporate, Other &			Total
		Open-pit			Unit			Operations			Eliminations			Consolidated
Copper		$	1,340.6		$	19.5		$	804.9		$	(17.1)		$	2,147.9
Molybdenum			160.7			—			140.9			—			301.6
Silver			65.3			42.8			25.5			(18.5)			115.1
Zinc			—			91.5			—			0.6			92.1
Other			60.3			25.7			54.4			(3.2)			137.2
Total		$	1,626.9		$	179.5		$	1,025.7		$	(38.2)		$	2,793.9


		Three Months Ended March 31, 2022
					Mexican
		Mexican			IMMSA			Peruvian			Corporate, Other &			Total
		Open-pit			Unit			Operations			Eliminations			Consolidated
Copper		$	1,368.4		$	22.4		$	893.9		$	(129.8)		$	2,154.9
Molybdenum			150.4			—			125.4			—			275.8
Silver			66.7			37.0			23.1			(21.6)			105.2
Zinc			—			98.6			—			(0.3)			98.3
Other			60.7			19.5			52.4			(3.0)			129.6
Total		$	1,646.2		$	177.5		$	1,094.8		$	(154.7)		$	2,763.8

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			IMMSA			Peruvian			Corporate &
		Open-Pit			Unit			Operations			Elimination			Consolidated

As of March 31, 2023:
Trade receivables		$	737.1		$	59.4		$	466.1		$	—		$	1,262.6
Related parties, current			13.4			1.4			0.9			(2.0)			13.7

As of December 31, 2022:
Trade receivables		$	788.1		$	60.0		$	546.0		$	—		$	1,394.1
Related parties, current			31.1			0.1			0.1			2.0			33.3

Schedule long term contracts by products


Copper concentrates (in tonnes)		100,000
Copper cathodes (in tonnes)		32,000
Molybdenum concentrates (in tonnes)		34,050
Sulfuric acid (in tonnes)		382,000

Schedule of provisionally priced copper and molybdenum sales outstanding


		Sales volume		Priced at
		(million lbs.)		(per pound)		Month of settlement
Copper		213.1		4.09		April 2023 through August 2023
Molybdenum		14.9		24.00		April 2023 through July 2023