XML 64 R41.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Basis of presentation for the consolidated financial statements (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Disclosure of Basis of presentation for the consolidated financial statements [Abstract] |
Disclosure of reconciliation of difference between consolidated financial statements | A reconciliation of such differences is presented as follows
|  | Balances originally reported as of December 31, 2016 |  | Consolidated Financial Statements for SEC |  | Reclassification |
|  | ThUS$ |  | ThUS$ |  | ThUS$ |
Assets |  |  |  |  |  |  |
Current tax Assets |  | 54,787 |  | 51,632 |  | (3,155) |
Tax assets, non-current |  | 29,024 |  | 32,179 |  | 3,155 |
Deferred tax assets |  | 664 |  | - |  | (664) |
Total |  | 84,475 |  | 83,811 |  | (664) |
|  | Balances originally reported as of December 31, 2016 |  | Reclassified balances as of December 31, 2016 |  | Reclassification |
|  | ThUS$ |  | ThUS$ |  | ThUS$ |
Liabilities |  |  |  |  |  |  |
Deferred tax liabilities |  | 206,119 |  | 205,455 |  | 664 |
Total |  | 206,119 |  | 205,455 |  | 664 |
|  | Balances originally reported as of December 31, 2016 |  | Reclassified balances as of December 31, 2016 |  | Reclassification |
|  | ThUS$ |  | ThUS$ |  | ThUS$ |
Income |  |  |  |  |  |  |
Other income |  | 14,781 |  | 15,202 |  | 421 |
Finance income |  | 10,550 |  | 10,129 |  | (421) |
Total |  | 25,331 |  | 25,331 |  | - |
|  | Balances originally reported as of December 31, 2016 |  | Reclassified balances as of December 31, 2016 |  | Reclassification |
|  | ThUS$ |  | ThUS$ |  | ThUS$ |
Cash Flows |  |  |  |  |  |  |
Cash payments to suppliers for the provision of goods and services |  | (796,961) |  | (851,972) |  | (55,011) |
Cash payments to and on behalf of employees |  | (253,163) |  | (204,609) |  | 48,554 |
Income taxes paid |  | (87,050) |  | (113,991) |  | (26,941) |
Other inflows (outflows) of cash |  | (29,473) |  | (2,532) |  | 26,941 |
Payments made to acquire interest in joint ventures |  | (51,457) |  | (45,000) |  | 6,457 |
Total |  | 1,218,104 |  | 1,218,104 |  | - |
Disclosure of subsidiaries [text block] | Companies included in consolidation:
|  |  |  |  |  |  |  |  |  | Ownership interest |  |  |
TAX ID |  |  |  | Country of |  |  |  |  |  |  |  | 12/31/2017 |  | 12/31/2016 |
No. |  | Foreign subsidiaries |  | origin |  | Functional currency |  | Direct |  | Indirect |  | Total |  | Total |
Foreign |  | Nitratos Naturais Do Chile Ltda. |  | Brazil |  | US$ |  | 0.0000 |  | 100.0000 |  | 100.0000 |  | 100.0000 |
Foreign |  | Nitrate Corporation Of Chile Ltd. |  | United Kingdom |  | US$ |  | 0.0000 |  | 100.0000 |  | 100.0000 |  | 100.0000 |
Foreign |  | SQM North America Corp. |  | USA |  | US$ |  | 40.0000 |  | 60.0000 |  | 100.0000 |  | 100.0000 |
Foreign |  | SQM Europe N.V. |  | Belgium |  | US$ |  | 0.5800 |  | 99.4200 |  | 100.0000 |  | 100.0000 |
Foreign |  | Soquimich S.R.L. Argentina |  | Argentina |  | US$ |  | 0.0000 |  | 100.0000 |  | 100.0000 |  | 100.0000 |
Foreign |  | Soquimich European Holding B.V. |  | Netherlands |  | US$ |  | 0.0000 |  | 100.0000 |  | 100.0000 |  | 100.0000 |
Foreign |  | SQM Corporation N.V. |  | Netherlands |  | US$ |  | 0.0002 |  | 99.9998 |  | 100.0000 |  | 100.0000 |
Foreign |  | SQI Corporation N.V. |  | Netherlands |  | US$ |  | 0.0159 |  | 99.9841 |  | 100.0000 |  | 100.0000 |
Foreign |  | SQM Comercial De México S.A. de C.V. |  | Mexico |  | US$ |  | 0.0100 |  | 99.9900 |  | 100.0000 |  | 100.0000 |
Foreign |  | North American Trading Company |  | USA |  | US$ |  | 0.0000 |  | 100.0000 |  | 100.0000 |  | 100.0000 |
Foreign |  | Administración y Servicios Santiago S.A. de C.V. |  | Mexico |  | US$ |  | 0.0000 |  | 100.0000 |  | 100.0000 |  | 100.0000 |
Foreign |  | SQM Peru S.A. |  | Peru |  | US$ |  | 0.9800 |  | 99.0200 |  | 100.0000 |  | 100.0000 |
Foreign |  | SQM Ecuador S.A. |  | Ecuador |  | US$ |  | 0.0040 |  | 99.9960 |  | 100.0000 |  | 100.0000 |
Foreign |  | SQM Nitratos Mexico S.A. de C.V. |  | Mexico |  | US$ |  | 0.0000 |  | 100.0000 |  | 100.0000 |  | 100.0000 |
Foreign |  | SQMC Holding Corporation L.L.P. |  | USA. |  | US$ |  | 0.1000 |  | 99.9000 |  | 100.0000 |  | 100.0000 |
Foreign |  | SQM Investment Corporation N.V. |  | Netherlands |  | US$ |  | 1.0000 |  | 99.0000 |  | 100.0000 |  | 100.0000 |
Foreign |  | SQM Brasil Limitada |  | Brazil |  | US$ |  | 1.0900 |  | 98.9100 |  | 100.0000 |  | 100.0000 |
Foreign |  | SQM France S.A. |  | France |  | US$ |  | 0.0000 |  | 100.0000 |  | 100.0000 |  | 100.0000 |
Foreign |  | SQM Japan Co. Ltd. |  | Japan |  | US$ |  | 0.1597 |  | 99.8403 |  | 100.0000 |  | 100.0000 |
Foreign |  | Royal Seed Trading Corporation A.V.V. |  | Aruba |  | US$ |  | 1.6700 |  | 98.3300 |  | 100.0000 |  | 100.0000 |
Foreign |  | SQM Oceania Pty Limited |  | Australia |  | US$ |  | 0.0000 |  | 100.0000 |  | 100.0000 |  | 100.0000 |
Foreign |  | Rs Agro-Chemical Trading Corporation A.V.V. |  | Aruba |  | US$ |  | 98.3333 |  | 1.6667 |  | 100.0000 |  | 100.0000 |
Foreign |  | SQM Colombia SAS |  | Colombia |  | US$ |  | 0.0000 |  | 100.0000 |  | 100.0000 |  | 0.0000 |
Foreign |  | SQM Australia PTY |  | Australia |  | Dolar Australiano |  | 0.0000 |  | 100.0000 |  | 100.0000 |  | 0.0000 |
Foreign |  | SACAL S.A. |  | Argentina |  | Peso Argentino |  | 0.0000 |  | 100.0000 |  | 100.0000 |  | 0.0000 |
|  |  |  |  |  |  |  | Ownership interest |
|  |  |  | Country of |  |  |  |  |  |  |  | 12/31/2017 |  | 12/31/2016 |
TAX ID No. |  | Foreign subsidiaries |  | origin |  | Functional currency |  | Direct |  | Indirect |  | Total |  | Total |
Foreign |  | SQM Indonesia S.A. |  | Indonesia |  | US$ |  | 0.0000 |  | 80.0000 |  | 80.0000 |  | 80.0000 |
Foreign |  | SQM Virginia L.L.C. |  | USA |  | US$ |  | 0.0000 |  | 100.0000 |  | 100.0000 |  | 100.0000 |
Foreign |  | SQM Italia SRL |  | Italy |  | US$ |  | 0.0000 |  | 100.0000 |  | 100.0000 |  | 100.0000 |
Foreign |  | Comercial Caimán Internacional S.A. |  | Panama |  | US$ |  | 0.0000 |  | 100.0000 |  | 100.0000 |  | 100.0000 |
Foreign |  | SQM Africa Pty. |  | South Africa |  | US$ |  | 0.0000 |  | 100.0000 |  | 100.0000 |  | 100.0000 |
Foreign |  | SQM Lithium Specialties LLC |  | USA |  | US$ |  | 0.0000 |  | 100.0000 |  | 100.0000 |  | 100.0000 |
Foreign |  | SQM Iberian S.A. |  | Spain |  | US$ |  | 0.0000 |  | 100.0000 |  | 100.0000 |  | 100.0000 |
Foreign |  | SQM Agro India Pvt. Ltd. |  | India |  | US$ |  | 0.0000 |  | 100.0000 |  | 100.0000 |  | 100.0000 |
Foreign |  | SQM Beijing Commercial Co. Ltd. |  | China |  | US$ |  | 0.0000 |  | 100.0000 |  | 100.0000 |  | 100.0000 |
Foreign |  | SQM Thailand Limited |  | Thailand |  | US$ |  | 0.0000 |  | 99.996 |  | 99.996 |  | 99.996 |
|  |  |  |  |  |  |  | Ownership interest |
|  |  |  | Country of |  | Functional |  |  |  |  |  | 12/31/2017 |  | 12/31/2016 |
TAX ID No. |  | Domestic subsidiaries |  | Origin |  | currency |  | Direct |  | Indirect |  | Total |  | Total |
96,801,610-5 |  | Comercial Hydro S.A. |  | Chile |  | US$ |  | 0.0000 |  | 60.6383 |  | 60.6383 |  | 60.6383 |
96,651,060-9 |  | SQM Potasio S.A. |  | Chile |  | US$ |  | 99.9999 |  | 0.0000 |  | 99.9999 |  | 99.9999 |
96,592,190-7 |  | SQM Nitratos S.A. |  | Chile |  | US$ |  | 99.9999 |  | 0.0001 |  | 100.0000 |  | 100.0000 |
96,592,180-K |  | Ajay SQM Chile S.A. |  | Chile |  | US$ |  | 51.0000 |  | 0.0000 |  | 51.0000 |  | 51.0000 |
86,630,200-6 |  | SQMC Internacional Ltda. |  | Chile |  | Ch$ |  | 0.0000 |  | 60.6381 |  | 60.6381 |  | 60.6381 |
79,947,100-0 |  | SQM Industrial S.A. |  | Chile |  | US$ |  | 99.0470 |  | 0.9530 |  | 100.0000 |  | 100.0000 |
79,906,120-1 |  | Isapre Norte Grande Ltda. |  | Chile |  | Ch$ |  | 1.0000 |  | 99.0000 |  | 100.0000 |  | 100.0000 |
79,876,080-7 |  | Almacenes y Depósitos Ltda. |  | Chile |  | Ch$ |  | 1.0000 |  | 99.0000 |  | 100.0000 |  | 100.0000 |
79,770,780-5 |  | Servicios Integrales de Tránsitos y Transferencias S.A. |  | Chile |  | US$ |  | 0.0003 |  | 99.9997 |  | 100.0000 |  | 100.0000 |
79,768,170-9 |  | Soquimich Comercial S.A. |  | Chile |  | US$ |  | 0.0000 |  | 60.6383 |  | 60.6383 |  | 60.6383 |
79,626,800-K |  | SQM Salar S.A. |  | Chile |  | US$ |  | 18.1800 |  | 81.8200 |  | 100.0000 |  | 100.0000 |
78,053,910-0 |  | Proinsa Ltda. |  | Chile |  | Ch$ |  | 0.0000 |  | 60.5800 |  | 60.5800 |  | 60.5800 |
76,534,490-5 |  | Sociedad Prestadora de Servicios de Salud Cruz del Norte S.A. |  | Chile |  | Ch$ |  | 0.0000 |  | 100.0000 |  | 100.0000 |  | 100.0000 |
76,425,380-9 |  | Exploraciones Mineras S.A. |  | Chile |  | US$ |  | 0.2691 |  | 99.7309 |  | 100.0000 |  | 100.0000 |
76,064,419-6 |  | Comercial Agrorama Ltda. (a) |  | Chile |  | Ch$ |  | 0.0000 |  | 42.4468 |  | 42.4468 |  | 42.4468 |
76,145,229-0 |  | Agrorama S.A. |  | Chile |  | Ch$ |  | 0.0000 |  | 60.6377 |  | 60.6377 |  | 60.6377 |
76,359,919-1 |  | Orcoma Estudios SPA |  | Chile |  | US$ |  | 51.0000 |  | 0.0000 |  | 51.0000 |  | 51.0000 |
76,360,575-2 |  | Orcoma SPA |  | Chile |  | US$ |  | 100.0000 |  | 0.0000 |  | 100.0000 |  | 100.0000 |
76,686,311-9 |  | SQM MaG SpA. |  | Chile |  | US$ |  | 100.0000 |  | 0.0000 |  | 100.0000 |  | 100,0000 |

X
- Definition The disclosure of subsidiaries. [Refer: Subsidiaries [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 27 -IssueDate 2017-01-01 -Paragraph 17 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=27&date=2017-03-01&anchor=para_17_b&doctype=Standard -URIDate 2017-03-09 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 27 -IssueDate 2017-01-01 -Paragraph 16 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=27&date=2017-03-01&anchor=para_16_b&doctype=Standard -URIDate 2017-03-09 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2017-01-01 -Paragraph B4 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=12&date=2017-03-01&anchor=para_B4_a&doctype=Appendix&seq=2 -URIDate 2017-03-09 + Details
Name: | ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | sqm_DisclosureOfBasisOfPresentationForConsolidatedFinancialStatementsAbstract
Namespace Prefix: | sqm_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The reconciliatdifference between consolidated financial statements. + References No definition available. + Details
Name: | sqm_DisclosureOfReconciliationOfDifferenceBetweenConsolidatedFinancialStatements
Namespace Prefix: | sqm_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration