XML 214 R197.htm IDEA: XBRL DOCUMENT
v3.22.1

Income tax and deferred taxes (Details 4) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2021 | Dec. 31, 2020
Statement [Line Items] |  |
Deferred tax assets and liabilities, net opening balance | $ 156,101 | $ 183,411
Deferred tax expense (benefit) recognized in profit (loss) for the year | (27,763) | (29,096)
Deferred taxes related to items credited (charged) directly to equity | (17,922) | 1,786
Total increases (decreases) in deferred tax liabilities (assets) | (45,685) | (27,310)
Deferred tax liability (asset) at end of period | 110,416 | 156,101
Unrealized loss [Member] |  |
Statement [Line Items] |  |
Deferred tax assets and liabilities, net opening balance | (90,585) | (82,076)
Deferred tax expense (benefit) recognized in profit (loss) for the year | (53,596) | (8,509)
Deferred taxes related to items credited (charged) directly to equity | 0 | 0
Total increases (decreases) in deferred tax liabilities (assets) | (53,596) | (8,509)
Deferred tax liability (asset) at end of period | (144,181) | (90,585)
Property, plant and equipment and capitalized interest [Member] |  |
Statement [Line Items] |  |
Deferred tax assets and liabilities, net opening balance | 187,168 | 197,167
Deferred tax expense (benefit) recognized in profit (loss) for the year | 1,905 | (9,999)
Deferred taxes related to items credited (charged) directly to equity | 0 | 0
Total increases (decreases) in deferred tax liabilities (assets) | 1,905 | (9,999)
Deferred tax liability (asset) at end of period | 189,073 | 187,168
Restoration and rehabilitation provision [Member] |  |
Statement [Line Items] |  |
Deferred tax assets and liabilities, net opening balance | (6,597) |
Deferred tax expense (benefit) recognized in profit (loss) for the year | 30 |
Deferred taxes related to items credited (charged) directly to equity | 0 |
Total increases (decreases) in deferred tax liabilities (assets) | 30 |
Deferred tax liability (asset) at end of period | (6,567) | (6,597)
Facility closure provision [Member] |  |
Statement [Line Items] |  |
Deferred tax assets and liabilities, net opening balance | (6,597) | (7,311)
Deferred tax expense (benefit) recognized in profit (loss) for the year |  | 714
Deferred taxes related to items credited (charged) directly to equity |  | 0
Total increases (decreases) in deferred tax liabilities (assets) |  | 714
Deferred tax liability (asset) at end of period |  | (6,597)
Manufacturing expenses [Member] |  |
Statement [Line Items] |  |
Deferred tax assets and liabilities, net opening balance | 107,215 | 106,420
Deferred tax expense (benefit) recognized in profit (loss) for the year | 966 | 795
Deferred taxes related to items credited (charged) directly to equity | 0 | 0
Total increases (decreases) in deferred tax liabilities (assets) | 966 | 795
Deferred tax liability (asset) at end of period | 108,181 | 107,215
Employee benefits and unemployment insurance [Member] |  |
Statement [Line Items] |  |
Deferred tax assets and liabilities, net opening balance | 6,669 | 6,000
Deferred tax expense (benefit) recognized in profit (loss) for the year | 687 | 514
Deferred taxes related to items credited (charged) directly to equity | 130 | 155
Total increases (decreases) in deferred tax liabilities (assets) | 817 | 669
Deferred tax liability (asset) at end of period | 7,486 | 6,669
Vacation accrual [Member] |  |
Statement [Line Items] |  |
Deferred tax assets and liabilities, net opening balance | (6,138) | (5,591)
Deferred tax expense (benefit) recognized in profit (loss) for the year | 99 | (547)
Deferred taxes related to items credited (charged) directly to equity | 0 | 0
Total increases (decreases) in deferred tax liabilities (assets) | 99 | (547)
Deferred tax liability (asset) at end of period | (6,039) | (6,138)
Inventory provision [Member] |  |
Statement [Line Items] |  |
Deferred tax assets and liabilities, net opening balance | (22,200) | (23,885)
Deferred tax expense (benefit) recognized in profit (loss) for the year | 1,643 | 1,685
Deferred taxes related to items credited (charged) directly to equity | 0 | 0
Total increases (decreases) in deferred tax liabilities (assets) | 1,643 | 1,685
Deferred tax liability (asset) at end of period | (20,557) | (22,200)
Materials provision [Member] |  |
Statement [Line Items] |  |
Deferred tax assets and liabilities, net opening balance | (8,812) | (7,982)
Deferred tax expense (benefit) recognized in profit (loss) for the year | (1,742) | (830)
Deferred taxes related to items credited (charged) directly to equity | 0 | 0
Total increases (decreases) in deferred tax liabilities (assets) | (1,742) | (830)
Deferred tax liability (asset) at end of period | (10,554) | (8,812)
Derivative Financial Instruments [Member] |  |
Statement [Line Items] |  |
Deferred tax assets and liabilities, net opening balance | 0 | 0
Deferred tax expense (benefit) recognized in profit (loss) for the year | 14,246 | 1,001
Deferred taxes related to items credited (charged) directly to equity | (14,246) | (1,001)
Total increases (decreases) in deferred tax liabilities (assets) | 0 | 0
Deferred tax liability (asset) at end of period | 0 | 0
Employee benefits [Member] |  |
Statement [Line Items] |  |
Deferred tax assets and liabilities, net opening balance | 0 | (2,689)
Deferred tax expense (benefit) recognized in profit (loss) for the year | (929) | 2,689
Deferred taxes related to items credited (charged) directly to equity | 0 | 0
Total increases (decreases) in deferred tax liabilities (assets) | (929) | 2,689
Deferred tax liability (asset) at end of period | (929) | 0
Research and development expenses [Member] |  |
Statement [Line Items] |  |
Deferred tax assets and liabilities, net opening balance | 3,581 | 3,535
Deferred tax expense (benefit) recognized in profit (loss) for the year | 1,806 | 46
Deferred taxes related to items credited (charged) directly to equity | 0 | 0
Total increases (decreases) in deferred tax liabilities (assets) | 1,806 | 46
Deferred tax liability (asset) at end of period | 5,387 | 3,581
bad debt provision [Member] |  |
Statement [Line Items] |  |
Deferred tax assets and liabilities, net opening balance | (5,072) | (3,542)
Deferred tax expense (benefit) recognized in profit (loss) for the year | 2,364 | (1,530)
Deferred taxes related to items credited (charged) directly to equity | 0 | 0
Total increases (decreases) in deferred tax liabilities (assets) | 2,364 | (1,530)
Deferred tax liability (asset) at end of period | (2,708) | (5,072)
Provision for legal complaints and expenses [Member] |  |
Statement [Line Items] |  |
Deferred tax assets and liabilities, net opening balance | (19,637) | (2,546)
Deferred tax expense (benefit) recognized in profit (loss) for the year | 19,303 | (17,091)
Deferred taxes related to items credited (charged) directly to equity | 0 | 0
Total increases (decreases) in deferred tax liabilities (assets) | 19,303 | (17,091)
Deferred tax liability (asset) at end of period | (334) | (19,637)
Loan approval expenses [Member] |  |
Statement [Line Items] |  |
Deferred tax assets and liabilities, net opening balance | 5,212 | 3,856
Deferred tax expense (benefit) recognized in profit (loss) for the year | 3,755 | 1,356
Deferred taxes related to items credited (charged) directly to equity | 0 | 0
Total increases (decreases) in deferred tax liabilities (assets) | 3,755 | 1,356
Deferred tax liability (asset) at end of period | 8,967 | 5,212
Junior mining companies valued based on stock price [Member] |  |
Statement [Line Items] |  |
Deferred tax assets and liabilities, net opening balance | 3,929 | 1,287
Deferred tax expense (benefit) recognized in profit (loss) for the year | (5,354) | 0
Deferred taxes related to items credited (charged) directly to equity | (3,818) | 2,642
Total increases (decreases) in deferred tax liabilities (assets) | (9,172) | 2,642
Deferred tax liability (asset) at end of period | (5,243) | 3,929
Royalties [Member] |  |
Statement [Line Items] |  |
Deferred tax assets and liabilities, net opening balance | 3,012 | 1,354
Deferred tax expense (benefit) recognized in profit (loss) for the year | 1,521 | 1,668
Deferred taxes related to items credited (charged) directly to equity | 12 | (10)
Total increases (decreases) in deferred tax liabilities (assets) | 1,533 | 1,658
Deferred tax liability (asset) at end of period | 4,545 | 3,012
Tax loss benefit [Member] |  |
Statement [Line Items] |  |
Deferred tax assets and liabilities, net opening balance | (844) | (2,296)
Deferred tax expense (benefit) recognized in profit (loss) for the year | (6,269) | 1,452
Deferred taxes related to items credited (charged) directly to equity | 0 | 0
Total increases (decreases) in deferred tax liabilities (assets) | (6,269) | 1,452
Deferred tax liability (asset) at end of period | (7,113) | (844)
Other deferred tax assets [Member] |  |
Statement [Line Items] |  |
Deferred tax assets and liabilities, net opening balance | (1,454) | 2,021
Deferred tax expense (benefit) recognized in profit (loss) for the year | (7,408) | (3,475)
Deferred taxes related to items credited (charged) directly to equity | 0 | 0
Total increases (decreases) in deferred tax liabilities (assets) | (7,408) | (3,475)
Deferred tax liability (asset) at end of period | (8,862) | (1,454)
Foreign items other [Member] |  |
Statement [Line Items] |  |
Deferred tax assets and liabilities, net opening balance | 654 | (311)
Deferred tax expense (benefit) recognized in profit (loss) for the year | (790) | 965
Deferred taxes related to items credited (charged) directly to equity | 0 | 0
Total increases (decreases) in deferred tax liabilities (assets) | (790) | 965
Deferred tax liability (asset) at end of period | $ (136) | $ 654

X
- Definition The amount of tax expense or income relating to changes in deferred tax liabilities and deferred tax assets, recognised in profit or loss. [Refer: Deferred tax assets; Deferred tax expense (income); Deferred tax liabilities] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 12 -IssueDate 2021-01-01 -Paragraph 81 -Subparagraph g -Clause ii -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=12&code=ifrs-tx-2021-en-r&anchor=para_81_g_ii&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of deferred tax liabilities or assets. [Refer: Deferred tax liabilities; Deferred tax assets] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 12 -IssueDate 2021-01-01 -Paragraph 81 -Subparagraph g -Clause i -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=12&code=ifrs-tx-2021-en-r&anchor=para_81_g_i&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_DeferredTaxLiabilityAsset
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of deferred tax related to items credited (charged) directly to equity. [Refer: Deferred tax expense (income)] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 12 -IssueDate 2021-01-01 -Paragraph 81 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=12&code=ifrs-tx-2021-en-r&anchor=para_81_a&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | duration

X
- Definition The increase (decrease) in a deferred tax liability (asset). [Refer: Deferred tax liability (asset)] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 12 -IssueDate 2021-01-01 -Paragraph 81 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=12&code=ifrs-tx-2021-en-r&anchor=para_81&doctype=Standard -URIDate 2021-03-24 + Details
Name: | ifrs-full_IncreaseDecreaseInDeferredTaxLiabilityAsset
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

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

X
- Details
Name: | ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=sqm_UnrealizedLossMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=sqm_PropertyPlantAndEquipmentAndCapitalizedInterestMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=sqm_ProvisionForRestorationAndRehabilitationMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=sqm_FacilityClosureProvisionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=sqm_ManufacturingExpensesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=sqm_EmployeeBenefitsAndUnemploymentInsuranceMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=sqm_VacationAccrualMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=sqm_InventoryProvisionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=sqm_MaterialsProvisionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=sqm_DerivativeFinancialInstrumentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=sqm_EmployeeBenefitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=sqm_ResearchAndDevelopmentExpensesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=sqm_ProvisionForBadDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=sqm_ProvisionForLegalComplaintsAndExpensesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=sqm_LoanApprovalExpensesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=sqm_JuniorMiningCompaniesValuedBasedOnStockPriceMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=sqm_RoyaltiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=sqm_TaxLossBenefitMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=sqm_OtherDeferredTaxAssetsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis=sqm_ForeignItemsOtherMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |