XML 54 R21.htm IDEA: XBRL DOCUMENT
v3.23.1

Property, plant and equipment | 12 Months Ended
--- | ---
Dec. 31, 2022
Property, plant and equipment |
Property, plant and equipment | Note 15 Property, plant and equipment As of December 31, 2022, and 2021, the detail of property, plant and equipment is as follows: 15.1Types of property, plant and equipment
​ | ​ | ​ | ​ | ​
​ |  | As of |  | As of
​ | ​ | December 31, | ​ | December 31,
Description of types of property, plant and equipment | ​ | 2022 | ​ | 2021
​ | ​ | ThUS$ | ​ | ThUS$
Property, plant and equipment, net |  |  |  |
Land |  | 23,482 |  | 23,507
Buildings |  | 273,913 |  | 270,563
Other property, plant and equipment |  | 34,960 |  | 32,846
Transport equipment |  | 9,487 |  | 2,463
Supplies and accessories |  | 4,798 |  | 5,556
Office equipment |  | 1,355 |  | 1,386
Network and communication equipment |  | 1,872 |  | 1,359
Mining assets |  | 60,284 |  | 38,241
IT equipment |  | 3,147 |  | 3,570
Energy generating assets |  | 3,253 |  | 3,970
Constructions in progress |  | 1,328,508 |  | 731,787
Machinery, plant and equipment |  | 981,779 |  | 896,977
Total |  | 2,726,838 |  | 2,012,225
Property, plant and equipment, gross |  |  |  |
Land |  | 23,482 |  | 23,507
Buildings |  | 803,398 |  | 767,096
Other property, plant and equipment |  | 250,058 |  | 239,582
Transport equipment |  | 21,343 |  | 13,357
Supplies and accessories |  | 29,426 |  | 28,786
Office equipment |  | 13,141 |  | 12,943
Network and communication equipment |  | 10,878 |  | 9,577
Mining assets |  | 230,803 |  | 195,889
IT equipment |  | 31,197 |  | 30,456
Energy generating assets |  | 38,540 |  | 38,540
Constructions in progress |  | 1,328,508 |  | 731,787
Machinery, plant and equipment |  | 3,716,440 |  | 3,464,881
Total |  | 6,497,214 |  | 5,556,401
Accumulated depreciation and value impairment of property, plant and equipment, total |  |  |  |
Accumulated depreciation and impairment of buildings |  | (529,485) |  | (496,533)
Accumulated depreciation and impairment of other property, plant and equipment |  | (215,098) |  | (206,736)
Accumulated depreciation and impairment of transport equipment |  | (11,856) |  | (10,894)
Accumulated depreciation and impairment of supplies and accessories |  | (24,628) |  | (23,230)
Accumulated depreciation and impairment of office equipment |  | (11,786) |  | (11,557)
Accumulated depreciation and impairment of network and communication equipment |  | (9,006) |  | (8,218)
Accumulated depreciation and impairment of mining assets |  | (170,519) |  | (157,648)
Accumulated depreciation and impairment of IT equipment |  | (28,050) |  | (26,886)
Accumulated depreciation and impairment of energy generating assets |  | (35,287) |  | (34,570)
Accumulated depreciation and impairment of machinery, plant and equipment |  | (2,734,661) |  | (2,567,904)
Total |  | (3,770,376) |  | (3,544,176)
​
​ | ​ | ​ | ​ | ​
​ |  | As of |  | As of
​ | ​ | December 31, | ​ | December 31,
Description of classes of property, plant and equipment | ​ | 2022 | ​ | 2021
​ |  | ThUS$ |  | ThUS$
Property, plant and equipment, net |  |  |  |
Pumps |  | 32,120 |  | 28,889
Conveyor Belt |  | 17,135 |  | 18,294
Crystallizer |  | 48,582 |  | 20,189
Plant Equipment |  | 163,594 |  | 168,370
Tanks |  | 25,923 |  | 22,358
Filter |  | 47,976 |  | 41,438
Electrical equipment/facilities |  | 110,275 |  | 97,594
Other Property, Plant & Equipment |  | 112,628 |  | 71,150
Site Closure |  | 36,673 |  | 34,248
Piping |  | 107,481 |  | 106,317
Well |  | 177,708 |  | 202,982
Pond |  | 41,729 |  | 42,547
Spare Parts (1) |  | 59,955 |  | 42,601
Total |  | 981,779 |  | 896,977
(1) | The reconciliation of the spare parts provisions as of December 31, 2022 and 2021 is as follows:
​ | ​ | ​ | ​ | ​
​ |  | As of |  | As of
​ | ​ | December 31, | ​ | December 31,
Reconciliation | ​ | 2022 | ​ | 2021
​ |  | ThUS$ |  | ThUS$
Opening balance |  | 48,262 |  | 42,881
Increase in provision |  | 3,810 |  | 5,381
Closing balance |  | 52,072 |  | 48,262
​ 15.2Reconciliation of changes in property, plant and equipment by type: Reconciliation of changes in property, plant and equipment by class as of December 31, 2022 and 2021: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | ​ |  | Other |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​
Reconciliation of changes in property, | ​ | ​ | ​ | ​ | ​ | property, | ​ | ​ | ​ | Supplies | ​ | ​ | ​ | Network and | ​ | ​ | ​ | ​ | ​ | Energy | ​ | Assets | ​ | Machinery, | ​ | Property,
plant and equipment by class as of | ​ | ​ | ​ | ​ | ​ | plant and | ​ | Transport | ​ | and | ​ | Equipment | ​ | communication | ​ | Mining | ​ | IT | ​ | generating | ​ | under | ​ | plant and | ​ | plant and
​ | ​ | Land | ​ | Buildings | ​ | equipment | ​ | equipment | ​ | accessories | ​ | office | ​ | equipment | ​ | assets | ​ | equipment | ​ | assets | ​ | construction | ​ | equipment | ​ | equipment
​ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$
At January 1, 2022 |  | 23,507 |  | 270,563 |  | 32,846 |  | 2,463 |  | 5,556 |  | 1,386 |  | 1,359 |  | 38,241 |  | 3,570 |  | 3,970 |  | 731,787 |  | 896,977 |  | 2,012,225
Additions |  | — |  | 495 |  | 425 |  | 146 |  | 4 |  | 7 |  | 152 |  | — |  | 270 |  | — |  | 922,690 |  | 7,194 |  | 931,383
Disposals |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | (19) |  | (19)
Depreciation for the year | ​ | — | ​ | (32,915) | ​ | (8,691) | ​ | (962) | ​ | (1,400) | ​ | (248) | ​ | (788) | ​ | (12,871) | ​ | (1,256) | ​ | (717) | ​ | ​ | ​ | (158,865) | ​ | (218,713)
Impairment (2) | ​ | — | ​ | (156) | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (7,928) | ​ | (8,084)
Increase (decrease) in foreign currency translation difference (2) |  | (5) |  | (7) |  | — |  | — |  | — |  | (1) |  | — |  | — |  | — |  | — |  | — |  | (20) |  | (33)
Reclassifications |  | 121 |  | 37,147 |  | 10,449 |  | 7,840 |  | 726 |  | 213 |  | 1,149 |  | 34,914 |  | 582 |  | — |  | (316,994) |  | 223,853 |  | —
Other increases (decreases) |  | — |  | (1,127) |  | (69) |  | — |  | (88) |  | (2) |  | — |  | — |  | (19) |  | — |  | (8,975) |  | 20,587 |  | 10,307
Decreases for classification as held for sale |  | (141) |  | (87) |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | (228)
Subtotal |  | (25) |  | 3,350 |  | 2,114 |  | 7,024 |  | (758) |  | (31) |  | 513 |  | 22,043 |  | (423) |  | (717) |  | 596,721 |  | 84,802 |  | 714,613
As of December 31, 2022 |  | 23,482 |  | 273,913 |  | 34,960 |  | 9,487 |  | 4,798 |  | 1,355 |  | 1,872 |  | 60,284 |  | 3,147 |  | 3,253 |  | 1,328,508 |  | 981,779 |  | 2,726,838
Historical cost | ​ | 23,482 | ​ | 803,398 | ​ | 250,058 | ​ | 21,343 | ​ | 29,426 | ​ | 13,141 | ​ | 10,878 | ​ | 230,803 | ​ | 31,197 | ​ | 38,540 | ​ | 1,328,508 | ​ | 3,716,440 | ​ | 6,497,214
Accumulated depreciation | ​ | — | ​ | (529,485) | ​ | (215,098) | ​ | (11,856) | ​ | (24,628) | ​ | (11,786) | ​ | (9,006) | ​ | (170,519) | ​ | (28,050) | ​ | (35,287) | ​ | — | ​ | (2,734,661) | ​ | (3,770,376)
At January 1, 2021 | ​ | 23,579 | ​ | 239,666 | ​ | 35,418 | ​ | 2,880 | ​ | 4,183 | ​ | 459 | ​ | 1,272 | ​ | 47,052 | ​ | 4,083 | ​ | 4,878 | ​ | 486,345 | ​ | 887,504 | ​ | 1,737,319
Additions | ​ | — | ​ | — | ​ | 346 | ​ | — | ​ | — | ​ | 29 | ​ | 58 | ​ | — | ​ | 232 | ​ | — | ​ | 470,112 | ​ | 756 | ​ | 471,533
Disposals | ​ | — | ​ | — | ​ | — | ​ | — | ​ | — | ​ | — | ​ | — | ​ | — | ​ | — | ​ | — | ​ | — | ​ | — | ​ | —
Depreciation for the year | ​ | — | ​ | (30,872) | ​ | (7,848) | ​ | (759) | ​ | (1,384) | ​ | (383) | ​ | (539) | ​ | (10,138) | ​ | (1,387) | ​ | (908) | ​ | — | ​ | (141,460) | ​ | (195,678)
Impairment (2) | ​ | — | ​ | (456) | ​ | (75) | ​ | — | ​ | (16) | ​ | (8) | ​ | — | ​ | — | ​ | (8) | ​ | — | ​ | — | ​ | (5,019) | ​ | (5,582)
Increase (decrease) in foreign currency translation difference (2) | ​ | (72) | ​ | (80) | ​ | (1) | ​ | — | ​ | — | ​ | (1) | ​ | — | ​ | — | ​ | — | ​ | — | ​ | — | ​ | (69) | ​ | (223)
Reclassifications | ​ | — | ​ | 62,291 | ​ | 5,008 | ​ | 354 | ​ | 2,773 | ​ | 1,290 | ​ | 553 | ​ | 1,327 | ​ | 557 | ​ | — | ​ | (224,945) | ​ | 150,792 | ​ | —
Other increases (decreases) | ​ | — | ​ | 14 | ​ | (2) | ​ | (12) | ​ | — | ​ | — | ​ | 15 | ​ | — | ​ | 93 | ​ | — | ​ | 275 | ​ | 4,473 | ​ | 4,856
Decreases for classification as held for sale | ​ | — | ​ | — | ​ | — | ​ | — | ​ | — | ​ | — | ​ | — | ​ | — | ​ | — | ​ | — | ​ | — | ​ | — | ​ | —
Subtotal | ​ | (72) | ​ | 30,897 | ​ | (2,572) | ​ | (417) | ​ | 1,373 | ​ | 927 | ​ | 87 | ​ | (8,811) | ​ | (513) | ​ | (908) | ​ | 245,442 | ​ | 9,473 | ​ | 274,906
As of December 31, 2021 | ​ | 23,507 | ​ | 270,563 | ​ | 32,846 | ​ | 2,463 | ​ | 5,556 | ​ | 1,386 | ​ | 1,359 | ​ | 38,241 | ​ | 3,570 | ​ | 3,970 | ​ | 731,787 | ​ | 896,977 | ​ | 2,012,225
Historical cost | ​ | 23,507 | ​ | 767,096 | ​ | 239,582 | ​ | 13,357 | ​ | 28,786 | ​ | 12,943 | ​ | 9,577 | ​ | 195,889 | ​ | 30,456 | ​ | 38,540 | ​ | 731,787 | ​ | 3,464,881 | ​ | 5,556,401
Accumulated depreciation | ​ | — | ​ | (496,533) | ​ | (206,736) | ​ | (10,894) | ​ | (23,230) | ​ | (11,557) | ​ | (8,218) | ​ | (157,648) | ​ | (26,886) | ​ | (34,570) | ​ | — | ​ | (2,567,904) | ​ | (3,544,176)
​ ​ ​ ​ ​ ​ ​
(1) | The net balance of “Other Increases (Decreases)” corresponds to all those items that are reclassified to or from “Property, Plant and Equipment”, They can have the following origin: (i) work in progress which is expensed to profit or loss, forming part of operating costs or other expenses per function, as appropriate; (ii) the variation representing the purchase and use of materials and spare parts; (iii) projects corresponding mainly to exploration expenditures and ground studies that are reclassified to the item other non-current financial assets; (iv) software that is reclassified to “Intangibles (v) Provisions related to the investment plan and assets related to closing the site.
(2) | See note 21.5. This corresponds to assets identified as not being used in the operation due to their specific characteristics.
15.3Detail of property, plant and equipment pledged as guarantee There are no restrictions in title or guarantees for compliance with obligations that affect property, plant and equipment. 15.4Cost of capitalized interest, property, plant and equipment The rates and costs for capitalized interest of property, plant and equipment are detailed as follows:
​ | ​ | ​ | ​ | ​ | ​
​ |  | As of |  | As of |
​ | ​ | December 31, | ​ | December 31, |
Costs of capitalized interest | ​ | 2022 | ​ | 2021 |
​ | ​ | ThUS$ | ​ | ThUS$ |
Weighted average capitalization rate of capitalized interest costs |  | 4 | % | 4 | %
Amount of interest cost capitalized |  | 24,708 |  | 14,206 | ​
​

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

X
- References No definition available. + Details
Name: | sqm_DisclosureofdetailedinformationaboutpropertyplantandequipmentexplanatoryTextBlock
Namespace Prefix: | sqm_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration