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RELATED PARTY TRANSACTIONS: (Tables) | 9 Months Ended
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Sep. 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 September 30, | ​ | At December 31, | ​
​ |  | 2024 |  | 2023 | ​
Related parties receivable current: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Grupo Mexico and affiliates: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Asarco LLC | ​ | $ | 10.4 | ​ | $ | 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") | ​ | ​ | 0.8 | ​ | ​ | 17.1 | ​
Mexico Compania Constructora S.A de C.V. | ​ | ​ | (*) | ​ | ​ | (*) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Related to the controlling group: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Empresarios Industriales de Mexico, S.A. de C.V. | ​ | ​ | 0.8 | ​ | ​ | 0.6 | ​
Mexico Transportes Aereos, S.A. de C.V. ("Mextransport") | ​ | ​ | 0.2 | ​ | ​ | 0.1 | ​
Operadora de Cinemas, S.A. de C.V. | ​ | ​ | 0.1 | ​ | ​ | 0.1 | ​
​ | ​ | $ | 12.3 | ​ | $ | 27.3 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Related parties payable: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Grupo Mexico and affiliates: | ​ | ​ | ​ | ​ | ​ | ​ | ​
AMMINCO | ​ | $ | 7.3 | ​ | $ | 5.0 | ​
Asarco LLC | ​ | ​ | 15.9 | ​ | ​ | 13.8 | ​
Eolica El Retiro, S.A.P.I. de C.V. | ​ | ​ | 0.2 | ​ | ​ | 0.2 | ​
Parque Eolico de Fenicias, S. de R.L. de C.V. | ​ | ​ | 5.3 | ​ | ​ | — | ​
Promotora Infraestructura Renovable Mex S.A. de C.V. | ​ | ​ | 0.1 | ​ | ​ | — | ​
Ferrocarril Mexicano, S.A. de C.V. | ​ |  | 5.4 | ​ |  | 7.9 | ​
Grupo Mexico Servicios, S.A. de C.V. | ​ |  | 1.8 | ​ |  | 2.7 | ​
MGE | ​ | ​ | 9.2 | ​ | ​ | 50.3 | ​
Mexico Compania Constructora S.A de C.V. | ​ | ​ | 7.4 | ​ | ​ | 9.5 | ​
Grupo Mexico Servicios de Ingenieria, S.A. de C.V. | ​ | ​ | 0.9 | ​ | ​ | 3.5 | ​
Related to the controlling group: | ​ | ​ | ​ | ​ | ​ | ​ | ​
Boutique Bowling de Mexico, S.A. de C.V. | ​ |  | 0.5 | ​ |  | 0.3 | ​
Mexico Transportes Aereos, S.A. de C.V. (“Mextransport”) | ​ |  | 0.5 | ​ |  | 0.3 | ​
Operadora de Cinemas, S.A. de C.V. | ​ | ​ | 0.3 | ​ | ​ | 0.1 | ​
​ | ​ | $ | 54.8 | ​ | $ | 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 nine-month period ended September 30, 2024 and 2023 (in millions):
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2024 |  | 2023
Purchase activity | ​ | ​ | ​ | ​ | ​ | ​
Asarco LLC | ​ | $ | 3.7 | ​ | $ | 31.4
Eolica El Retiro, S.A.P.I. de C.V. | ​ | ​ | 4.4 | ​ | ​ | 2.1
Parque Eolico de Fenicias, S. de R.L. de C.V. | ​ | ​ | 4.6 | ​ | ​ | —
Ferrocarril Mexicano, S.A. de C.V. | ​ |  | 37.2 | ​ |  | 40.1
Grupo Mexico Servicios, S.A. de C.V. | ​ | ​ | 15.1 | ​ | ​ | 15.1
AMMINCO | ​ | ​ | 7.5 | ​ | ​ | 7.5
MGE | ​ |  | 123.4 | ​ |  | 176.9
Mexico Compania Constructora S.A. de C.V. | ​ | ​ | 58.0 | ​ | ​ | 37.4
Grupo Mexico Servicios de Ingenieria S. A. de C.V. | ​ |  | 13.3 | ​ |  | 12.0
Total purchases | ​ | $ | 267.2 | ​ | $ | 322.5
Sales activity | ​ | ​ | ​ | ​ | ​ | ​
Asarco LLC | ​ | $ | 27.0 | ​ | $ | 29.9
AMMINCO | ​ | ​ | 0.1 | ​ | ​ | (*)
Ferrocarril Mexicano, S.A. de C.V. | ​ |  | (*) | ​ |  | —
MGE | ​ | ​ | 24.0 | ​ | ​ | 50.9
Total sales | ​ | $ | 51.1 | ​ | $ | 80.8
(*) 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-month period ended September 30, 2024 and 2023 (in millions):
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2024 |  | 2023
Purchase activity | ​ | ​ | ​ | ​ | ​ | ​
Boutique Bowling de Mexico S.A. de C.V. | ​ | $ | 0.4 | ​ | $ | 0.5
Mextransport | ​ | ​ | 2.1 | ​ | ​ | 2.2
Operadora de Cinemas S.A. de C.V. | ​ | ​ | 0.2 | ​ | ​ | 0.3
Total purchases | ​ | $ | 2.7 | ​ | $ | 3.0
​ | ​ | ​ | ​ | ​ | ​ | ​
Sales activity | ​ | ​ | ​ | ​ | ​ | ​
Boutique Bowling de Mexico S.A. de C.V. | ​ | $ | 0.1 | ​ | $ | 0.1
Empresarios Industriales de Mexico, S.A. de C.V. | ​ | ​ | 0.3 | ​ | ​ | 0.2
Mextransport | ​ | ​ | 1.8 | ​ | ​ | 1.7
Operadora de Cinemas S.A. de C.V. | ​ | ​ | 0.1 | ​ | ​ | 0.1
Total sales | ​ | $ | 2.3 | ​ | $ | 2.1
(*) amount is lower than $0.1 million

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