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RELATED PARTY TRANSACTIONS: (Tables) | 6 Months Ended
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Jun. 30, 2024
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, | ​ | At December 31, | ​
​ |  | 2024 |  | 2023 | ​
Related parties receivable current: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Grupo Mexico and affiliates: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Asarco LLC | ​ | $ | 7.7 | ​ | $ | 9.4 | ​
AMMINCO Apoyo Administrativo, S.A. de C.V. (“AMMINCO”) | ​ |  | (*) | ​ |  | (*) | ​
Ferrocarril Mexicano, S.A. de C.V. | ​ |  | (*) | ​ | ​ | (*) | ​
Mexico Generadora de Energia S. de R.L. ("MGE") | ​ | ​ | 8.1 | ​ | ​ | 17.1 | ​
Mexico Compania Constructora S.A de C.V. | ​ | ​ | (*) | ​ | ​ | (*) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Related to the controlling group: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Empresarios Industriales de Mexico, S.A. de C.V. | ​ | ​ | 0.6 | ​ | ​ | 0.6 | ​
Mexico Transportes Aereos, S.A. de C.V. ("Mextransport") | ​ | ​ | 0.4 | ​ | ​ | 0.1 | ​
Operadora de Cinemas, S.A. de C.V. | ​ | ​ | 0.1 | ​ | ​ | 0.1 | ​
​ | ​ | $ | 16.9 | ​ | $ | 27.3 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Related parties payable: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Grupo Mexico and affiliates: | ​ | ​ | ​ | ​ | ​ | ​ | ​
AMMINCO | ​ | $ | 6.2 | ​ | $ | 5.0 | ​
Asarco LLC | ​ | ​ | 14.9 | ​ | ​ | 13.8 | ​
Eolica El Retiro, S.A.P.I. de C.V. | ​ |  | 2.6 | ​ |  | 0.2 | ​
Ferrocarril Mexicano, S.A. de C.V. | ​ |  | 6.1 | ​ |  | 7.9 | ​
Grupo Mexico Servicios | ​ | ​ | 3.5 | ​ | ​ | 2.7 | ​
MGE | ​ | ​ | 19.9 | ​ | ​ | 50.3 | ​
Mexico Compania Constructora S.A de C.V. | ​ | ​ | 7.1 | ​ | ​ | 9.5 | ​
Grupo Mexico Servicios de Ingenieria, S.A. de C.V. | ​ | ​ | 0.7 | ​ | ​ | 3.5 | ​
Related to the controlling group: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Boutique Bowling de Mexico, S.A. de C.V. | ​ | ​ | 0.4 | ​ | ​ | 0.3 | ​
Mexico Transportes Aereos, S.A. de C.V. (“Mextransport”) | ​ |  | 0.1 | ​ |  | 0.3 | ​
Operadora de Cinemas, S.A. de C.V. | ​ | ​ | 0.3 | ​ | ​ | 0.1 | ​
​ | ​ | $ | 61.8 | ​ | $ | 93.6 | ​
(*) 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 six-month period ended June 30, 2024 and 2023 (in millions):
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2024 |  | 2023
Purchase activity | ​ | ​ | ​ | ​ | ​ | ​
Asarco LLC | ​ | $ | 2.7 | ​ | $ | 29.5
Eolica El Retiro, S.A.P.I. de C.V. | ​ |  | 4.0 | ​ |  | 1.5
Ferrocarril Mexicano, S.A. de C.V. | ​ |  | 24.0 | ​ |  | 28.9
Grupo Mexico Servicios | ​ | ​ | 10.1 | ​ | ​ | 10.1
AMMINCO | ​ | ​ | 5.0 | ​ | ​ | 5.0
MGE | ​ |  | 92.3 | ​ |  | 116.4
Mexico Compania Constructora S.A. de C.V. | ​ | ​ | 44.0 | ​ | ​ | 24.1
Grupo Mexico Servicios de Ingenieria S. A. de C.V. | ​ |  | 9.5 | ​ |  | 7.9
Total purchases | ​ | $ | 191.6 | ​ | $ | 223.4
Sales activity | ​ | ​ | ​ | ​ | ​ | ​
Asarco LLC | ​ | $ | 14.3 | ​ | $ | 17.3
AMMINCO | ​ | ​ | (*) | ​ | ​ | (*)
Ferrocarril Mexicano, S.A. de C.V. | ​ |  | (*) | ​ |  | —
MGE | ​ | ​ | 23.3 | ​ | ​ | 28.3
Total sales | ​ | $ | 37.6 | ​ | $ | 45.6
(*) 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 six-month period ended June 30, 2024 and 2023 (in millions):
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2024 |  | 2023
Purchase activity | ​ | ​ | ​ | ​ | ​ | ​
Boutique Bowling de Mexico S.A. de C.V. | ​ | $ | 0.3 | ​ | $ | 0.3
Mextransport | ​ | ​ | 1.2 | ​ | ​ | 1.3
Operadora de Cinemas S.A. de C.V. | ​ | ​ | 0.2 | ​ | ​ | 0.2
Total purchases | ​ | $ | 1.7 | ​ | $ | 1.8
​ | ​ | ​ | ​ | ​ | ​ | ​
Sales activity | ​ | ​ | ​ | ​ | ​ | ​
Boutique Bowling de Mexico S.A. de C.V. | ​ | $ | 0.1 | ​ | $ | 0.1
Empresarios Industriales de Mexico, S.A. de C.V. | ​ | ​ | 0.1 | ​ | ​ | —
Mextransport | ​ | ​ | 1.2 | ​ | ​ | 1.1
Operadora de Cinemas S.A. de C.V. | ​ | ​ | 0.1 | ​ | ​ | 0.1
Total sales | ​ | $ | 1.5 | ​ | $ | 1.3
(*) amount is lower than $0.1 million

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