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RELATED PARTY TRANSACTIONS: (Tables)

9 Months Ended

Sep. 30, 2023

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 September 30,		​	At December 31,		​
​		2023			2022		​
Related parties receivable current:	​	​	​	​	​	​	​
Grupo Mexico and affiliates:	​	​	​	​	​	​	​
Asarco LLC	​	$	8.6	​	$	9.2	​
AMMINCO Apoyo Administrativo, S.A. de C.V. (“AMMINCO”)	​		(*)	​		(*)	​
Compania Perforadora Mexico S.A.P.I. de C.V. and affiliates	​		—	​		0.3	​
Ferrocarril Mexicano, S.A. de C.V.	​		(*)	​	​	(*)	​
Mexico Generadora de Energia S. de R.L. ("MGE")	​	​	15.3	​	​	23.4	​
Grupo Mexico Servicios de Ingenieria, S.A. de C.V.	​	​	0.1	​	​	0.2	​
Related to the controlling group:	​	​	​	​	​	​	​
Boutique Bowling de Mexico, S.A. de C.V.	​	​	—	​	​	0.1	​
Empresarios Industriales de Mexico, S.A. de C.V.	​	​	0.3	​	​	—	​
Mexico Transportes Aereos, S.A. de C.V. ("Mextransport")	​	​	0.2	​	​	—	​
Operadora de Cinemas, S.A. de C.V.	​	​	0.1	​	​	0.1	​
​	​	$	24.6	​	$	33.3	​
​	​	​	​	​	​	​	​
Related parties payable:	​	​	​	​	​	​	​
Grupo Mexico and affiliates:	​	​	​	​	​	​	​
AMMINCO	​	$	9.3	​	$	5.0	​
Asarco LLC	​	​	24.5	​	​	23.8	​
Eolica El Retiro, S.A.P.I. de C.V.	​	​	0.4	​	​	0.4	​
Ferrocarril Mexicano, S.A. de C.V.	​		9.9	​		5.6	​
Grupo Mexico Servicios	​		19.1	​		20.2	​
Grupo Mexico Servicios de Ingenieria, S.A. de C.V.	​	​	1.2	​	​	1.2	​
MGE	​	​	42.9	​	​	57.5	​
Mexico Compania Constructora S.A de C.V.	​	​	18.5	​	​	5.9	​
Related to the controlling group:	​	​	​	​	​	​	​
Boutique Bowling de Mexico, S.A. de C.V.	​		0.4	​		0.3	​
Mextransport	​		0.3	​		0.1	​
Operadora de Cinemas, S.A. de C.V.	​	​	0.2	​	​	0.2	​
​	​	$	126.7	​	$	120.2	​

(*) Less than $0.1 million.

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 nine months of 2023 and 2022 (in millions):

​	​	​	​	​	​	​
​		2023			2022
Purchase activity	​	​	​	​	​	​
Asarco LLC	​	$	31.4	​	$	51.9
AMMINCO	​	​	7.5	​	​	6.7
Controladora de Infraestructura Energetica S.A. de C.V	​	​	—	​	​	0.8
Eolica El Retiro, S.A.P.I. de C.V.	​		2.1	​		2.5
Ferrocarril Mexicano, S.A. de C.V.	​		40.1	​		32.5
Grupo Mexico Servicios	​	​	15.1	​	​	15.1
MGE	​		176.9	​		250.8
Mexico Proyectos y Desarrollos S.A. de C.V. and affiliates	​	​	49.4	​	​	38.9
Total purchases	​	$	322.5	​	$	399.2
Sales activity	​	​	​	​	​	​
Asarco LLC	​	$	29.9	​	$	32.2
AMMINCO	​	​	(*)	​	​	(*)
Ferrocarril Mexicano, S.A. de C.V.	​		—	​		(*)
MGE	​	​	50.9	​	​	133.6
Total sales	​	$	80.8	​	$	165.8

(*) Less than $0.1 million.

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 nine months of 2023 and 2022 (in millions):

​	​	​	​	​	​	​
​		2023			2022
Purchase activity	​	​	​	​	​	​
Boutique Bowling de Mexico S.A. de C.V.	​	$	0.5	​	$	0.2
Mextransport	​	​	2.2	​	​	1.6
Operadora de Cinemas S.A. de C.V.	​	​	0.3	​	​	0.1
Total purchases	​	$	3.0	​	$	1.9
​	​	​	​	​	​	​
Sales activity	​	​	​	​	​	​
Boutique Bowling de Mexico S.A. de C.V.	​	$	0.1	​	$	0.1
Empresarios Industriales de Mexico, S.A. de C.V.	​	​	0.2	​	​	—
Mextransport	​	​	1.7	​	​	1.4
Operadora de Cinemas S.A. de C.V.	​	​	0.1	​	​	0.1
Total sales	​	$	2.1	​	$	1.6

(*) amount is lower than $0.1 million

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