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Financial instruments (Tables) | 12 Months Ended
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Dec. 31, 2022
Financial instruments |
Schedule of other current and non-current financial assets | 12.1Types of other current and non-current financial assets
​ | ​ | ​ | ​ | ​
​ |  | As of |  | As of
​ | ​ | December 31, | ​ | December 31,
Description of other financial assets | ​ | 2022 | ​ | 2021
​ | ​ | ThUS$ | ​ | ThUS$
Financial assets at amortized cost (1) | ​ | 950,167 | ​ | 905,170
Derivative financial instruments | ​ |  | ​ |
- For hedging |  | 7,014 |  | 12,625
- Non-hedging (2) |  | 4,174 |  | 1,254
Total other current financial assets |  | 961,355 |  | 919,049
Financial assets at fair value through other comprehensive income (4) (5) |  | 9,497 |  | 8,932
Derivative financial instruments |  |  |  |
- For hedging |  | 22,606 |  | 245
Other financial assets at amortized cost |  | 23 |  | 91
Total other non-current financial assets |  | 32,126 |  | 9,268
​
Schedule of detailed information about other non-current financial assets | ​
Schedule of trade and other receivables | 12.2 Trade and other receivables
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31, 2022 | ​ | As of December 31, 2021
Trade and other receivables |  | Current |  | Non-current |  | Total |  | Current |  | Non-current |  | Total
​ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$
Trade receivables, current |  | 1,002,223 |  | — |  | 1,002,223 |  | 590,312 |  | — |  | 590,312
Prepayments, current |  | 38,709 |  | — |  | 38,709 |  | 49,168 |  | — |  | 49,168
Other receivables, current |  | 16,648 |  | 2,091 |  | 18,739 |  | 14,210 |  | 6,172 |  | 20,382
Guarantee deposits (1) | ​ | 29,840 | ​ | — | ​ | 29,840 | ​ | 383 | ​ | — | ​ | 383
Total trade and other receivables |  | 1,087,420 |  | 2,091 |  | 1,089,511 |  | 654,073 |  | 6,172 |  | 660,245
​ See discussion about credit risk in Note 4.2.
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31, 2022 |  | As of December 31, 2021
​ | ​ | ​ | ​ | Impairment | ​ | ​ | ​ | ​ | ​ | Impairment | ​ | ​
​ | ​ | Gross | ​ | provision for | ​ | Trade receivables, | ​ | Gross | ​ | provision for | ​ | Trade receivables,
Trade and other receivables |  | receivables |  | doubtful receivables |  | net |  | receivables |  | doubtful receivables |  | net
​ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$
Receivables related to credit operations, current | ​ | 1,006,982 | ​ | (4,759) | ​ | 1,002,223 | ​ | 600,664 | ​ | (10,352) | ​ | 590,312
Prepayments, current | ​ | 39,493 | ​ | (784) | ​ | 38,709 | ​ | 49,952 | ​ | (784) | ​ | 49,168
Other receivables, current |  | 19,920 |  | (3,272) |  | 16,648 |  | 17,073 |  | (2,863) |  | 14,210
Guarantee deposits (1) | ​ | 29,840 | ​ | — | ​ | 29,840 | ​ | 383 | ​ | — | ​ | 383
Other receivables, non-current |  | 2,091 |  | — |  | 2,091 |  | 6,172 |  | — |  | 6,172
Total trade and other receivables |  | 1,098,326 |  | (8,815) |  | 1,089,511 |  | 674,244 |  | (13,999) |  | 660,245
​
Schedule of financial assets that are either past due or impaired | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
As of December 31, 2022
Portfolio analysis
​ | ​ | Number of customers with | ​ | Gross non-renegotiated | ​ | Number of customers with | ​ | Gross renegotiated
Past due segments |  | non-renegotiated portfolio |  | portfolio ThUS$ |  | renegotiated portfolio |  | portfolio ThUS$
Current | ​ | 997 | ​ | 967,853 | ​ | 12 | ​ | 276
1 - 30 days |  | 149 |  | 30,116 |  | 4 |  | 71
31 - 60 days |  | 25 |  | 1,352 |  | 2 |  | 105
61 - 90 days |  | 2 |  | 2,632 |  | 3 |  | 704
91 - 120 days |  | 10 |  | 235 |  | — |  | —
121 - 150 days |  | 1 |  | 84 |  | — |  | —
151 - 180 days |  | 2 |  | 180 |  | 1 |  | 7
181 - 210 days |  | 4 |  | 67 |  | 2 |  | 27
211 - 250 days |  | 7 |  | 192 |  | 3 |  | 54
>250 days |  | 76 |  | 2,726 |  | 55 |  | 301
Total |  | 1,273 |  | 1,005,437 |  | 82 |  | 1,545
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
As of December 31, 2021
Portfolio analysis
​ | ​ | non-renegotiated portfolio | ​ | Gross non-renegotiated | ​ | Number of customers with | ​ | Gross renegotiated
Past due segments |  | Number of customers with |  | portfolio ThUS$ |  | renegotiated portfolio |  | portfolio ThUS$
Current | ​ | 1,279 | ​ | 570,899 | ​ | 7 | ​ | 130
1 - 30 days |  | 112 |  | 22,632 |  | — |  | —
31 - 60 days |  | 18 |  | 2,114 |  | — |  | —
61 - 90 days |  | 11 |  | 1,015 |  | — |  | —
91 - 120 days |  | 7 |  | 202 |  | — |  | —
121 - 150 days |  | 3 |  | 43 |  | — |  | —
151 - 180 days |  | 3 |  | 4 |  | — |  | —
181 - 210 days |  | 3 |  | 130 |  | — |  | —
211 - 250 days |  | 1 |  | 1 |  | 2 |  | 4
>250 days |  | 80 |  | 2,597 |  | 117 |  | 893
Total |  | 1,517 |  | 599,637 |  | 126 |  | 1,027
​
Schedule of impairment provision for doubtful receivables | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
As of December 31, 2022
​ | ​ | Trade accounts receivable days past due | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Trade receivables
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | due from related
Trade and other receivables |  | Current |  | 1 to 30 days |  | 31 to 60 days |  | 61 to 90 days |  | Over 90 days |  | Trade |  | parties
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ThUS$ | ​ | ThUS$
Expected Loss Rate on | ​ | — | % | 1 | % | 7 | % | 6 | % | 81 | % | — | ​ | —
Total Gross Book Value | ​ | 968,129 | ​ | 30,187 | ​ | 1,457 | ​ | 3,336 | ​ | 3,873 | ​ | 1,006,982 | ​ | 83,000
Impairment Estimate |  | 948 |  | 391 |  | 108 |  | 186 |  | 3,126 |  | 4,759 |  | 1,378
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
As of December 31, 2021
​ | ​ | Trade accounts receivable days past due | ​ | ​ | ​ | Trade receivables
​ |  | ​ |  | ​ |  | ​ |  | 61 to 90 |  | Over 90 |  | ​ |  | due from related
Trade and other receivables | ​ | Current | ​ | 1 to 30 days | ​ | 31 to 60 days |  | days |  | days | ​ | Trade | ​ | parties
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ThUS$ | ​ | ThUS$
Expected Loss Rate on |  | 1 | % | 8 | % | 32 | % | 34 | % | 71 | % | — | ​ | —
Total Gross Book Value |  | 571,029 | ​ | 22,633 | ​ | 2,113 | ​ | 1,015 | ​ | 3,874 | ​ | 600,664 | ​ | 86,869
Impairment Estimate |  | 4,724 |  | 1,856 |  | 673 |  | 346 |  | 2,753 |  | 10,352 |  | 717
​
Schedule of movements in provisions | As of December 31, 2022, and 2021, movements in provisions are as follows:
​ | ​ | ​ | ​ | ​
​ |  | As of |  | As of
​ | ​ | December 31, | ​ | December 31,
Provisions | ​ | 2022 | ​ | 2021
​ | ​ | ThUS$ | ​ | ThUS$
Impairment provision of Accounts receivable at the beginning of the year |  | 14,716 |  | 27,273
Increase (decrease) impairment of accounts receivable |  | (3,369) |  | 235
Write-off of receivables |  | — |  | (11,091)
Difference in exchange rate |  | (1,154) |  | (1,701)
Impairment provision of Accounts Receivable Provision at the end of the year |  | 10,193 |  | 14,716
(1) Trade and other Receivables Provision |  | 4,759 |  | 10,352
(2) Current other Receivables Provision |  | 4,056 |  | 3,647
(3) Trade receivables with related parties, current Provision |  | 1,378 |  | 717
Recovery of Insurance |  | — |  | 210
​ | ​ | ​ | ​ | ​
Impairment provision of Accounts Receivable |  | 10,193 |  | 14,716
Renegotiated receivables |  | 356 |  | 910
Non-renegotiated receivables |  | 9,837 |  | 13,806
​
Schedule of derivative financial instruments classified as hedges | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ |  | Hedging Reserve in
As of December 31, 2022 |  | Assets |  | Liabilities |  | Total Realized | ​ | Gross Equity (1)
Type of Instrument: Cross currency interest rate swaps UF/CLP |  |  |  |  |  |  |  |
Cash flow hedge derivatives |  |  |  |  |  |  |  |
Short term |  | 7,014 |  | 42,754 |  | — |  | —
Long term |  | 15,467 |  | 19,772 |  | — |  | —
Subtotal |  | 22,481 |  | 62,526 |  | (12,939) |  | (27,106)
Type of Instrument: Forwards |  |  |  |  |  |  |  |
Non-hedging derivates disbursement SQM Australia Pty |  |  |  |  |  |  |  |
Long term |  | 7,139 |  | — |  | — |  | 7,139
Subtotal |  | 7,139 |  | — |  | — |  | 7,139
Underlying Investments Hedge |  | 29,620 |  | 62,526 |  | (12,939) |  | (19,967)
Type of Instrument: Forwards/Options | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Non-hedge derivates with effect on income | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Short term | ​ | 4,174 | ​ | 5,816 | ​ | — | ​ | —
Underlying Investments Hedge | ​ | 4,174 | ​ | 5,816 | ​ | 38,653 | ​ | —
Total Instruments | ​ | 33,794 | ​ | 68,342 | ​ | 25,714 | ​ | (19,967)
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ |  | Hedging Reserve in
As of December 31, 2021 |  | Assets |  | Liabilities |  | Total Realized | ​ | Gross Equity (1)
Type of Instrument: Cross currency interest rate swaps UF/CLP |  |  |  |  |  |  |  |
Cash flow hedge derivatives |  |  |  |  |  |  |  |
Short term |  | 12,625 |  | 8,954 |  | — |  | —
Long term |  | 245 |  | 72,900 |  | — |  | —
Underlying Debt Hedge |  | 12,870 |  | 81,854 |  | (22,455) |  | (46,529)
Type of Instrument: Forwards/Options |  |  |  |  |  |  |  |
Non-hedge derivatives with effect on income |  |  |  |  |  |  |  |
Short term |  | 1,254 |  | 1,672 |  | — |  | —
Underlying Investments Hedge |  | 1,254 |  | 1,672 |  | 4,694 |  | —
Total Instruments |  | 14,124 |  | 83,526 |  | (17,761) |  | (46,529)
Schedule of asset and liability hedging derivatives | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Reconciliation of asset and |  | As of December | ​ | Cash Flow |  | Income Statement |  | Equity and Others | ​ | As of December
liability hedging derivatives | ​ | 31, 2021 |  | ​ | ​ | ​ |  | ​ | ​ | 31, 2022
Hedge-to-debt derivatives |  | (81,597) |  | 8,616 |  | 37,494 |  | 25,426 | ​ | (10,061)
Hedging derivatives to investment |  | 12,613 |  | (52,698) |  | 16,104 | ​ | (6,003) | ​ | (29,984)
Non-hedging derivatives disbursement SQM Australia Pty |  | — |  | 2,022 |  | — | ​ | 5,117 | ​ | 7,139
Non-hedging derivatives |  | (418) |  | (39,878) |  | 38,653 | ​ | — | ​ | (1,643)
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Reconciliation of asset and |  | As of December | ​ | Cash Flow |  | Income Statement |  | Equity and Others | ​ | As of December
liability hedging derivatives | ​ | 31, 2020 |  | ​ | ​ | ​ |  | ​ | ​ | 31, 2021
Hedge-to-debt derivatives |  | 18,070 |  | 6,478 |  | (52,254) |  | (53,891) | ​ | (81,597)
Hedging derivatives to investment |  | (21,004) |  | 9,405 |  | 23,083 | ​ | 1,129 | ​ | 12,613
Non-hedging derivatives |  | (2,784) |  | (2,327) |  | 4,693 | ​ | — | ​ | (418)
Schedule of derivative contract maturities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
Series | ​ | Contract amount | ​ | Currency |  | Maturity date
​ |  | ThUS$ |  | ​ | ​ | ​
H |  | 105,828 |  | UF |  | 01/04/2023
O |  | 58,748 |  | UF |  | 02/01/2030
P |  | 134,228 |  | UF |  | 01/15/2028
Q |  | 106,933 |  | UF |  | 06/01/2030
​
Schedule of financial liabilities | As of December 31, 2022 and 2021, the detail is as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31, 2022 | ​ | As of December 31, 2021
Other current and non-current financial | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | ​ | ​ | ​ | ​
liabilities |  | Currents |  | Non-Current |  | Total |  | Currents |  | Non-Current |  | Total
​ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$
Liabilities at amortized cost |  |  |  |  |  |  |  |  |  |  |  |
Bank borrowings |  | 130,840 |  | 197,522 |  | 328,362 |  | 85 |  | 69,613 |  | 69,698
Unsecured obligations |  | 343,589 |  | 2,176,924 |  | 2,520,513 |  | 40,594 |  | 2,445,219 |  | 2,485,813
Derivative financial instruments |  |  |  |  |  |  |  |  |  |  |  |
For hedging |  | 42,754 |  | 19,772 |  | 62,526 |  | 8,954 |  | 72,900 |  | 81,854
Non-Hedging |  | 5,816 |  | — |  | 5,816 |  | 1,672 |  | — |  | 1,672
Total |  | 522,999 |  | 2,394,218 |  | 2,917,217 |  | 51,305 |  | 2,587,732 |  | 2,639,037
​
Schedule of information about short-term bank borrowings | As of December 31, 2022, the detail of this caption is as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Debtor |  | Payment of Creditor interest | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Currency or | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | adjustment | ​ | Payment of | ​ | ​ | ​ | ​ | ​ | ​ |
Tax ID No. |  | Company |  | Country |  | Tax ID No. |  | Financial institution |  | Country |  | index |  | Payment of interest |  | Repayment |  | Effective rate |  | Nominal rate |
93.007.000-9 | ​ | SQM S.A. | ​ | Chile | ​ | O-E | ​ | Scotiabank Cayman | ​ | USA | ​ | US$ | ​ | Upon maturity | ​ | 05/30/2023 | ​ | 0.97 | % | 5.22 | %
93.007.000-9 | ​ | SQM S.A. | ​ | Chile | ​ | 97.023.000-9 | ​ | Itaú | ​ | Chile | ​ | US$ | ​ | Upon maturity | ​ | 01/05/2023 | ​ | 4.50 | % | 4.50 | %
93.007.000-9 | ​ | SQM S.A. | ​ | Chile | ​ | 97.030.000-7 | ​ | Banco Estado | ​ | Chile | ​ | US$ | ​ | Upon maturity | ​ | 01/05/2023 | ​ | 4.59 | % | 4.59 | %
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Debtor |  | Creditor | ​ | Nominal amounts as of December 31, 2022 | ​ | Current amounts as of December 31, 2022
​ | ​ | ​ |  | ​ |  | ​ | ​ | ​ |  | ​ |  | 90 days to 1 |  | ​ |  | Borrowing |  | ​
Company | ​ | Financial institution | ​ | Up to 90 days | ​ | 90 days to 1 year |  | Total | ​ | Up to 90 days | ​ | year | ​ | Subtotal | ​ | costs | ​ | Total
​ | ​ | ​ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$
SQM S.A. |  | Scotiabank Cayman |  | — |  | 70,000 |  | 70,000 |  | — |  | 70,393 |  | 70,393 |  | (149) |  | 70,244
SQM S.A. | ​ | Itaú | ​ | 20,000 | ​ | — | ​ | 20,000 | ​ | 20,062 | ​ | ​ | ​ | 20,062 | ​ | ​ | ​ | 20,062
SQM S.A. | ​ | Banco Estado | ​ | 40,000 | ​ | — | ​ | 40,000 | ​ | 40,128 | ​ | ​ | ​ | 40,128 | ​ | ​ | ​ | 40,128
SQM S.A. | ​ | Scotiabank | ​ | — | ​ | — | ​ | — | ​ | 406 | ​ | ​ | ​ | 406 | ​ | ​ | ​ | 406
Total |  | ​ | ​ | 60,000 |  | 70,000 |  | 130,000 |  | 60,596 |  | 70,393 |  | 130,989 |  | (149) |  | 130,840
​ On December 21, 2022, the Company signed a loan agreement with The Export-Import Bank of Korea (“Kexim”) and Banco Santander S.A., with the latter acting as Kexim’s Facility Agent, and the initial disbursement of funds became effective on January 10, 2023 for a value of US$10 million. The total loan amount is up to MMUS$ 100. As of December 31, 2022, no disbursement had been made. ​ As of December 31,2021
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | ​ |  |  |  |  |  |  |
Debtor | ​ | Creditor | ​ | Currency or | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | adjustment | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Tax ID No |  | Company |  | Country | ​ | Tax ID No. |  | Financial institution |  | Country |  | index |  | Repayment | ​ | maturity | ​ | Effective rate | ​ | Nominal rate | ​
93.007.000-9 | ​ | SQM S.A. | ​ | Chile | ​ | O-E | ​ | Scotiabank Cayman | ​ | USA |  | US$ | ​ | Upon maturity | ​ | 05/31/2022 | ​ | 0.82 | % | 1.36 | %
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Debtor |  | Creditor |  | Nominal amounts as of December 31, 2021 | ​ | Current amounts as of December 31, 2021
​ | ​ | ​ | ​ | ​ |  | 90 days to |  | ​ |  | ​ |  | 90 days to 1 |  | ​ |  | Borrowing |  | ​
​ | ​ | ​ | ​ | Up to 90 days | ​ | 1 year | ​ | Total | ​ | Up to 90 days | ​ | year | ​ | Subtotal | ​ | costs | ​ | Total
Company | ​ | Financial institution |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ | ​ | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$
SQM S.A. |  | Scotiabank Cayman |  | — |  | — |  | — |  | 85 |  | — |  | 85 |  | — |  | 85
Total | ​ | ​ |  | — |  | — |  | — |  | 85 |  | — |  | 85 |  | — |  | 85
​
Schedule of current maturities of unsecured obligations | As of December 31, 2022, and 2021, the detail of current unsecured interest-bearing obligations is composed of promissory notes and bonds, as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ | ​ | ​ |  | ​ | ​ | ​ |  |  |  |  |
Debtor | ​ | ​ | ​ | ​ | ​ | Number of | ​ | ​ | ​ | ​ | ​ | Currency or | ​ | Periodicity | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | registration or ID | ​ | ​ | ​ | ​ | ​ | adjustment | ​ | Payment of | ​ | ​ | ​ | ​ | ​ | ​ | ​
Tax ID No. |  | Company |  | Country |  | of the instrument |  | Series |  | Maturity date |  | index |  | interest |  | Repayment |  | Effective rate |  | Nominal rate |
93.007.000-9 |  | SQM S.A. |  | Chile |  | — |  | MUS$250 |  | 01/28/2023 | ​ | US$ |  | Semiannual |  | Upon maturity | ​ | 1.17 | % | 4.38 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | — |  | MUS$300 |  | 04/03/2023 | ​ | US$ |  | Semiannual |  | Upon maturity | ​ | 0.56 | % | 3.63 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | — |  | MUS$450 |  | 05/07/2023 | ​ | US$ |  | Semiannual |  | Upon maturity | ​ | 3.01 | % | 4.25 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | — |  | MUS$400 |  | 01/22/2023 | ​ | US$ |  | Semiannual |  | Upon maturity | ​ | 3.79 | % | 4.25 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | — |  | MUS$700 |  | 03/10/2023 | ​ | US$ |  | Semiannual |  | Upon maturity | ​ | 3.44 | % | 3.50 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | 564 |  | H |  | 01/05/2023 | ​ | UF |  | Semiannual |  | Semiannual |  | 1.23 | % | 4.90 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | 699 |  | O |  | 02/01/2023 | ​ | UF |  | Semiannual |  | Upon maturity |  | 1.89 | % | 3.80 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | 563 |  | P |  | 01/15/2023 | ​ | UF |  | Semiannual |  | Upon maturity |  | 1.72 | % | 3.25 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | 700 |  | Q |  | 06/01/2023 | ​ | UF |  | Semiannual |  | Upon maturity |  | 2.63 | % | 3.45 | %
​ Effective rates of bonds in Pesos and UF are expressed and calculated in Dollars based on the flows agreed in Cross Currency Swap Agreements.
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ | ​ |  | Nominal amounts as of December 31, 2022 |  | Carrying amounts of maturities as of December 31, 2022
​ | ​ | ​ | ​ | ​ | ​ | Up to 90 | ​ | 90 days to 1 | ​ | ​ | ​ | ​ | ​ | 90 days to 1 | ​ | ​ | ​ | Borrowing | ​ | ​
Company |  | Country |  | Series |  | days |  | year |  | Total |  | Up to 90 days |  | year |  | Subtotal |  | costs |  | Total
​ | ​ | ​ | ​ | ​ | ​ | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$
SQM S.A. |  | Chile |  | MUS$250 |  | 4,648 |  | — |  | 4,648 |  | 4,648 |  | — |  | 4,648 |  | (433) |  | 4,215
SQM S.A. |  | Chile |  | MUS$300 |  | — |  | 302,658 |  | 302,658 |  | — |  | 302,658 |  | 302,658 |  | (170) |  | 302,488
SQM S.A. |  | Chile |  | MUS$450 |  | — |  | 2,869 |  | 2,869 |  | — |  | 2,869 |  | 2,869 |  | (679) |  | 2,190
SQM S.A. |  | Chile |  | MUS$400 |  | 7,508 |  | — |  | 7,508 |  | 7,508 |  | — |  | 7,508 |  | (237) |  | 7,271
SQM S.A. |  | Chile |  | MUS$700 |  | — |  | 7,554 |  | 7,554 |  | — |  | 7,554 |  | 7,554 |  | (555) |  | 6,999
SQM S.A. |  | Chile |  | H |  | 17,566 |  | — |  | 17,566 |  | 17,566 |  | — |  | 17,566 |  | (172) |  | 17,394
SQM S.A. |  | Chile |  | O |  | 965 |  | — |  | 965 |  | 965 |  | — |  | 965 |  | (82) |  | 883
SQM S.A. |  | Chile |  | P |  | 1,830 |  | — |  | 1,830 |  | 1,830 |  | — |  | 1,830 |  | (12) |  | 1,818
SQM S.A. |  | Chile |  | Q |  | — |  | 351 |  | 351 |  | — |  | 351 |  | 351 |  | (20) |  | 331
Total |  | ​ | ​ | ​ | ​ | 32,517 |  | 313,432 |  | 345,949 |  | 32,517 |  | 313,432 |  | 345,949 |  | (2,360) |  | 343,589
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ | ​ | ​ |  |  |  |  |
Debtor | ​ | ​ | ​ | ​ | ​ | Number of | ​ | ​ | ​ | ​ | ​ | Currency or | ​ | Periodicity | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | registration or ID | ​ | ​ | ​ | ​ | ​ | adjustment | ​ | Payment of | ​ | ​ | ​ | ​ | ​ | ​ | ​
Tax I No. |  | Company |  | Country |  | of the instrument |  | Series |  | Maturity date |  | index |  | interest |  | Repayment |  | Effective rate |  | Nominal rate |
93.007.000-9 |  | SQM S.A. |  | Chile |  | — |  | MUS$250 |  | 01/28/2022 | ​ | US$ |  | Semiannual |  | Upon maturity | ​ | 1.56 | % | 4.38 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | — |  | MUS$300 |  | 04/03/2022 | ​ | US$ |  | Semiannual |  | Upon maturity | ​ | 0.74 | % | 3.63 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | — |  | MUS$450 |  | 05/07/2022 | ​ | US$ |  | Semiannual |  | Upon maturity | ​ | 3.23 | % | 4.25 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | — |  | MUS$400 |  | 01/22/2022 | ​ | US$ |  | Semiannual |  | Upon maturity | ​ | 4.00 | % | 4.25 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | — |  | MUS$700 |  | 03/10/2022 | ​ | US$ |  | Semiannual |  | Upon maturity | ​ | 3.62 | % | 3.50 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | 564 |  | H |  | 01/05/2022 | ​ | UF |  | Semiannual |  | Semiannual |  | 1.75 | % | 4.90 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | 699 |  | O |  | 02/15/2022 | ​ | UF |  | Semiannual |  | Upon maturity |  | 2.06 | % | 3.80 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | 563 |  | P |  | 01/15/2022 | ​ | UF |  | Semiannual |  | Upon maturity |  | 2.04 | % | 3.25 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | 700 |  | Q |  | 06/01/2022 | ​ | UF |  | Semiannual |  | Upon maturity |  | 2.72 | % | 3.45 | %
​ Effective rates of bonds in Pesos and UF are expressed and calculated in Dollars based on the flows agreed in Cross Currency Swap Agreements.
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ |  | Nominal amounts as of December 31, 2021 |  | Carrying amounts of maturities as of December 31, 2021
​ | ​ | ​ | ​ | ​ | ​ | Up to 90 | ​ | 90 days to 1 | ​ | ​ | ​ | ​ | ​ | 90 days to | ​ | ​ | ​ | ​ | ​ | ​
Company |  | Country |  | Series | ​ | days | ​ | year | ​ | Total | ​ | Up to 90 days |  | 1 year |  | Subtotal |  | Borrowing costs |  | Total
​ | ​ | ​ | ​ | ​ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$
SQM S.A. |  | Chile |  | MUS$250 |  | 4,648 |  | — |  | 4,648 |  | 4,648 |  | — |  | 4,648 |  | (433) |  | 4,215
SQM S.A. |  | Chile |  | MUS$300 |  | — |  | 2,658 |  | 2,658 |  | — |  | 2,658 |  | 2,658 |  | (614) |  | 2,044
SQM S.A. |  | Chile |  | MUS$450 |  | — |  | 2,869 |  | 2,869 |  | — |  | 2,869 |  | 2,869 |  | (679) |  | 2,190
SQM S.A. |  | Chile |  | MUS$400 |  | 7,508 |  | — |  | 7,508 |  | 7,508 |  | — |  | 7,508 |  | (237) |  | 7,271
SQM S.A. |  | Chile |  | MUS$700 |  | 6,874 |  | — |  | 6,874 |  | 6,874 |  | — |  | 6,874 |  | (552) |  | 6,322
SQM S.A. |  | Chile |  | H |  | 16,026 |  | — |  | 16,026 |  | 16,026 |  | — |  | 16,026 |  | (172) |  | 15,854
SQM S.A. |  | Chile |  | O |  | 863 |  | — |  | 863 |  | 863 |  | — |  | 863 |  | (82) |  | 781
SQM S.A. |  | Chile |  | P |  | 1,636 |  | — |  | 1,636 |  | 1,636 |  | — |  | 1,636 |  | (12) |  | 1,624
SQM S.A. |  | Chile |  | Q |  | — |  | 314 |  | 314 |  | — |  | 314 |  | 314 |  | (21) |  | 293
Total |  | ​ | ​ | ​ | ​ | 37,555 |  | 5,841 |  | 43,396 |  | 37,555 |  | 5,841 |  | 43,396 |  | (2,802) |  | 40,594
​
Schedule of non-current bank borrowings | The following table shows the details of bank loans as of December 31, 2022:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ |  | ​ | ​ | ​ | ​ | ​ |  | ​ | ​ | ​ |  | ​ | ​ | ​ |
Debtor | ​ | Creditor | ​ | Currency or |  | Type of | ​ | ​ | ​ | ​ | ​
Tax ID No. |  | Company |  | Country |  | Tax ID No. |  | Financial institution |  | Country |  | adjustment index |  | amortization |  | Effective rate |  | Nominal rate |
93.007.000-9 |  | SQM S.A. |  | Chile |  | O-E |  | Scotiabank Cayman |  | USA | ​ | US$ |  | Upon Maturity |  | 2.33 | % | 3.19 | %
93.007.000-9 | ​ | SQM S.A. | ​ | Chile | ​ | O-E | ​ | Scotiabank | ​ | Canadá | ​ | US$ | ​ | Upon Maturity | ​ | 5.10 | % | 6.08 | %
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Debtor |  | Creditor |  | Nominal non-current maturities as ofDecember 31, 2022 |  | Carrying amounts of maturities as of December 31, 2022
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Costs of | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | Between 2 | ​ | Between 3 | ​ | ​ | ​ | Between 1 | ​ | Between 2 | ​ | Between 3 | ​ | ​ | ​ | obtaining | ​ | ​
Company |  | Financial institution |  | Between 1 and 2 |  | and 3 |  | and 4 |  | Total |  | and 2 |  | and 3 |  | and 4 |  | Subtotal |  | loans |  | Total
​ | ​ | ​ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$
SQM S.A. | ​ | Scotiabank Cayman | ​ | — | ​ | — | ​ | — | ​ | — | ​ | — | ​ | — | ​ | — | ​ | — | ​ | ​ | ​ | ​
SQM S.A. |  | Scotiabank |  | — |  | 200,000 |  | — |  | 200,000 |  | — |  | 200,000 |  | — |  | 200,000 |  | (2,478) |  | 197,522
Total |  | ​ | ​ | — |  | 200,000 |  | — |  | 200,000 |  | — |  | 200,000 |  | — |  | 200,000 |  | (2,478) |  | 197,522
​ As of December 31, 2021 ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ |  | ​ | ​ | ​ | ​ | ​ |  | ​ | ​ | ​ |  | ​ | ​ | ​ |
Debtor | ​ | Creditor | ​ | Currency or |  | Type of | ​ | ​ | ​ | ​ | ​
Tax ID No. |  | Company |  | Country |  | Tax ID No. |  | Financial institution |  | Country |  | adjustment index |  | amortization |  | Effective rate |  | Nominal rate |
93.007.000-9 |  | SQM S.A. |  | Chile |  | O-E |  | Scotiabank Cayman |  | USA | ​ | US$ |  | Maturity |  | 2.05 | % | 1.36 | %
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Debtor |  | Creditor |  | Nominal non-current maturities as of December 31, 2021 |  | Carrying amounts of maturities as of December 31, 2021
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Costs of | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | Between 2 | ​ | Between 3 | ​ | ​ | ​ | Between 1 | ​ | Between 2 | ​ | Between 3 | ​ | ​ | ​ | obtaining | ​ | ​
Company |  | Financial institution |  | Between 1 and 2 |  | and 3 |  | and 4 |  | Total |  | and 2 |  | and 3 |  | and 4 |  | Subtotal |  | loans |  | Total
​ | ​ | ​ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$
SQM S.A. |  | Scotiabank Cayman |  | — |  | 70,000 |  | — |  | 70,000 |  | — |  | 70,000 |  | — |  | 70,000 |  | (387) |  | 69,613
Total |  | ​ | ​ | — |  | 70,000 |  | — |  | 70,000 |  | — |  | 70,000 |  | — |  | 70,000 |  | (387) |  | 69,613
​
Schedule of information about non-current maturities of unsecured obligations | The following table shows the details of “unsecured debentures that accrue non-current interest” as of December 31, 2022:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | ​
Debtor |  | Number of |  | ​ |  | ​ |  | ​ |  | Periodicity |  | ​ |  | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | registration or ID of | ​ | ​ | ​ | ​ | ​ | Currency or | ​ | Payment of | ​ | ​ | ​ | ​ | ​ |  | ​
Tax ID No. | ​ | Company | ​ | Country |  | the instrument |  | Series |  | Maturity date |  | adjustment index |  | interest |  | Repayment |  | Effective rate |  | Nominal rate | ​
93.007.000-9 |  | SQM S.A. |  | Chile |  | — |  | MUS$250 |  | 01/28/2025 |  | US$ |  | Semiannual |  | Upon maturity |  | 4.08 | % | 4.38 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | — |  | MUS$450 |  | 05/07/2029 |  | US$ |  | Semiannual |  | Upon maturity |  | 4.10 | % | 4.25 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | — |  | MUS$400 |  | 01/22/2050 |  | US$ |  | Semiannual |  | Upon maturity |  | 4.19 | % | 4.25 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | — |  | MUS$700 |  | 09/10/2051 |  | US$ |  | Semiannual |  | Upon maturity |  | 3.42 | % | 3.50 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | 564 |  | H |  | 01/05/2030 |  | UF |  | Semiannual |  | Semiannual |  | 4.76 | % | 4.90 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | 699 |  | O |  | 02/01/2033 |  | UF |  | Semiannual |  | Upon maturity |  | 3.69 | % | 3.80 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | 563 |  | P |  | 01/15/2028 |  | UF |  | Semiannual |  | Upon maturity |  | 3.24 | % | 3.25 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | 700 |  | Q |  | 06/01/2038 |  | UF |  | Semiannual |  | Upon maturity |  | 3.43 | % | 3.45 | %
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Nominal non-current maturities as of December 31, 2022 | ​ | Carrying amounts of maturities as of December 31, 2022
​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | Bond |  | ​
​ | ​ | Over 1 | ​ | Over 2 | ​ | Over 3 | ​ | Over 4 | ​ | Over 5 | ​ | ​ | ​ | Over 1 | ​ | Over 2 | ​ | Over 3 | ​ | Over 4 | ​ | Over 5 | ​ | ​ | ​ | issuance | ​ | ​
Series | ​ | year to 2 | ​ | years to 3 | ​ | Years to 4 | ​ | Years to 5 | ​ | years | ​ | Total | ​ | year to 2 | ​ | years to 3 | ​ | Years to 4 | ​ | Years to 5 | ​ | years | ​ | Subtotal | ​ | costs | ​ | Total
​ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$
MUS$250 |  | — |  | — |  | 250,000 |  | — |  | — |  | 250,000 |  | — |  | — |  | 250,000 |  | — |  | — |  | 250,000 |  | (469) |  | 249,531
MUS$450 |  | — |  | — |  | — |  | — |  | 450,000 |  | 450,000 |  | — |  | — |  | — |  | — |  | 450,000 |  | 450,000 |  | (3,666) |  | 446,334
MUS$400 |  | — |  | — |  | — |  | — |  | 400,000 |  | 400,000 |  | — |  | — |  | — |  | — |  | 400,000 |  | 400,000 |  | (6,112) |  | 393,888
MUS$700 |  | — |  | — |  | — |  | — |  | 700,000 |  | 700,000 |  | — |  | — |  | — |  | — |  | 700,000 |  | 700,000 |  | (15,341) |  | 684,659
H |  | — |  | — |  | — |  | — |  | 96,967 |  | 96,967 |  | — |  | — |  | — |  | — |  | 96,967 |  | 96,967 |  | (1,034) |  | 95,933
O |  | — |  | — |  | — |  | — |  | 61,536 |  | 61,536 |  | — |  | — |  | — |  | — |  | 61,536 |  | 61,536 |  | (741) |  | 60,795
P |  | — |  | — |  | — |  | — |  | 123,072 |  | 123,072 |  | — |  | — |  | — |  | — |  | 123,072 |  | 123,072 |  | (52) |  | 123,020
Q |  | — |  | — |  | — |  | — |  | 123,073 |  | 123,073 |  | — |  | — |  | — |  | — |  | 123,073 |  | 123,073 |  | (309) |  | 122,764
Total |  | — |  | — |  | 250,000 |  | — |  | 1,954,648 |  | 2,204,648 |  | — |  | — |  | 250,000 |  | — |  | 1,954,648 |  | 2,204,648 |  | (27,724) |  | 2,176,924
​ As of December 31,2021 ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |
Debtor | ​ | Number of | ​ | ​ | ​ | ​ | ​ | Currency or | ​ | Periodicity | ​ | ​ | ​ | ​ |
​ | ​ | ​ | ​ | ​ | ​ | registration or ID | ​ | ​ | ​ | ​ | ​ | adjustment | ​ | Payment of | ​ | ​ | ​ | ​ | ​ | ​ | ​
Tax ID No. | ​ | Company | ​ | Country | ​ | of the instrument | ​ | Series | ​ | Maturity date | ​ | index | ​ | interest | ​ | Repayment | ​ | Effective rate | ​ | Nominal rate |
93.007.000-9 |  | SQM S.A. |  | Chile |  | — |  | MUS$250 |  | 01/28/2025 |  | US$ |  | Semiannual |  | Upon maturity |  | 4.08 | % | 4.38 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | — |  | MUS$300 |  | 04/03/2023 |  | US$ |  | Semiannual |  | Upon maturity |  | 3.42 | % | 3.63 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | — |  | MUS$450 |  | 05/07/2029 |  | US$ |  | Semiannual |  | Upon maturity |  | 4.10 | % | 4.25 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | — |  | MUS$400 |  | 01/22/2050 |  | US$ |  | Semiannual |  | Upon maturity |  | 4.19 | % | 4.25 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | — | ​ | MUS$700 | ​ | 10/09/2051 | ​ | US$ | ​ | Semiannual |  | Upon maturity |  | 3.43 | % | 3.50 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | 564 |  | H |  | 01/05/2030 |  | UF |  | Semiannual |  | Semiannual |  | 4.76 | % | 4.90 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | 699 |  | O |  | 02/01/2033 |  | UF |  | Semiannual |  | Upon maturity |  | 3.69 | % | 3.80 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | 563 |  | P |  | 01/15/2028 |  | UF |  | Semiannual |  | Upon maturity |  | 3.24 | % | 3.25 | %
93.007.000-9 |  | SQM S.A. |  | Chile |  | 700 |  | Q |  | 06/01/2038 |  | UF |  | Semiannual |  | Upon maturity |  | 3.43 | % | 3.45 | %
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Nominal non-current maturities as of December 31, 2021 | ​ | Carrying amounts of maturities as of December 31, 2021
​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | Bond |  | ​
​ | ​ | Over 1 | ​ | Over 2 | ​ | Over 3 | ​ | Over 4 | ​ | Over 5 | ​ | ​ | ​ | Over 1 | ​ | Over 2 | ​ | Over 3 | ​ | Over 4 | ​ | Over 5 | ​ | ​ | ​ | issuance | ​ | ​
Series | ​ | year to 2 | ​ | years to 3 | ​ | Years to 4 | ​ | Years to 5 | ​ | years | ​ | Total | ​ | year to 2 | ​ | years to 3 | ​ | Years to 4 | ​ | Years to 5 | ​ | years | ​ | Subtotal | ​ | costs | ​ | Total
​ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$
MUS$250 |  | — |  | — |  | 250,000 |  | — |  | — |  | 250,000 |  | — |  | — |  | 250,000 |  | — |  | — |  | 250,000 |  | (903) |  | 249,097
MUS$300 |  | 300,000 |  | — |  | — |  | — |  | — |  | 300,000 |  | 300,000 |  | — |  | — |  | — |  | — |  | 300,000 |  | (168) |  | 299,832
MUS$450 |  | — |  | — |  | — |  | — |  | 450,000 |  | 450,000 |  | — |  | — |  | — |  | — |  | 450,000 |  | 450,000 |  | (4,343) |  | 445,657
MUS$400 |  | — |  | — |  | — |  | — |  | 400,000 |  | 400,000 |  | — |  | — |  | — |  | — |  | 400,000 |  | 400,000 |  | (6,347) |  | 393,653
MUS$700 |  | — |  | — |  | — |  | — |  | 700,000 |  | 700,000 |  | — |  | — |  | — |  | — |  | 700,000 |  | 700,000 |  | (15,836) |  | 684,164
H |  | — |  | — |  | — |  | — |  | 100,064 |  | 100,064 |  | — |  | — |  | — |  | — |  | 100,064 |  | 100,064 |  | (1,206) |  | 98,858
O |  | — |  | — |  | — |  | — |  | 55,035 |  | 55,035 |  | — |  | — |  | — |  | — |  | 55,035 |  | 55,035 |  | (822) |  | 54,213
P |  | — |  | — |  | — |  | — |  | 110,070 |  | 110,070 |  | — |  | — |  | — |  | — |  | 110,070 |  | 110,070 |  | (65) |  | 110,005
Q |  | — |  | — |  | — |  | — |  | 110,070 |  | 110,070 |  | — |  | — |  | — |  | — |  | 110,070 |  | 110,070 |  | (330) |  | 109,740
Total |  | 300,000 |  | — |  | 250,000 |  | — |  | 1,925,239 |  | 2,475,239 |  | 300,000 |  | — |  | 250,000 |  | — |  | 1,925,239 |  | 2,475,239 |  | (30,020) |  | 2,445,219
​
Schedule of payments charged to Series H bonds | For the periods ended December 31, 2022, and 2021, the Company has made the following payments with a charge to the Series H bonds and their associated CCS hedging:
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of |  | As of |  | As of
​ | ​ | December 31, | ​ | December 31, | ​ | December 31,
Payments made | ​ | 2022 | ​ | 2021 | ​ | 2020
​ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$
Payments of interest, Series H bonds |  | 5,241 |  | 6,661 |  | 6,601
CCS Coverage |  | 2,126 |  | 1,598 |  | 2,575
​
Schedule of payments charged to single series bonds, second issue | For the periods ended December 31, 2022 and 2021, the detail of payments charged to the line of single series bonds, second issue is as follows.
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of |  | As of |  | As of
​ | ​ | December 31, | ​ | December 31, | ​ | December 31,
Payments made | ​ | 2022 | ​ | 2021 | ​ | 2020
​ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$
Payments of interest |  | — |  | — |  | 6,875
​
Schedule of payments charged to Series O bonds | For the periods ended December 31, 2022, and 2021, the Company has made the following payments with a charge to Series O bonds and their associated CCS hedging:
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of |  | As of |  | As of
​ | ​ | December 31, |  | December 31, |  | December 31,
Payments made | ​ | 2022 | ​ | 2021 | ​ | 2020
​ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$
Payments of interest, Series O bonds |  | 2,139 |  | 2,225 |  | 2,070
CCS Coverage |  | 556 |  | 438 |  | 599
​
Schedule of payments charged to single series bonds, third issue | For the periods ended December 31, 2022, and 2021, the following payments have been made with a debit to the line of single-series bonds, third issue:
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of |  | As of |  | As of
​ | ​ | December 31, |  | December 31, |  | December 31,
Payments made | ​ | 2022 | ​ | 2021 | ​ | 2020
​ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$
Payments of interest |  | 10,875 |  | 10,875 |  | 10,875
​
Schedule of payments charged to single series bonds, fourth issue | For the periods ended on December 31, 2022 and 2021, the following payments have been made.
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31, |  | December 31, |  | December 31,
Payments made | ​ | 2022 | ​ | 2021 | ​ | 2020
​ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$
Payments of interest |  | 10,938 |  | 10,938 |  | 10,938
​
Schedule of payments charged to Series P bonds | For the periods ended on December 31, 2022 and 2021, the following payments and their associated CCS have been made:
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, | ​ | December 31, | ​ | December 31,
Payments made | ​ | 2022 | ​ | 2021 | ​ | 2020
​ |  | ThUS$ |  | ThUS$ |  | ThUS$
Payments of interest, Series P bonds |  | 3,385 |  | 3,835 |  | 3,534
CCS Coverage |  | 3,569 |  | 3,119 |  | 3,439
​
Schedule of payments charged to Series Q bonds | For the periods ended December 31, 2022 and 2021, the following payments have been made:
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31, |  | December 31, |  | December 31,
Payments made | ​ | 2022 | ​ | 2021 | ​ | 2020
​ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$
Payments of interest, Series Q bonds |  | 4,032 |  | 3,990 |  | 3,769
CCS Coverage |  | 1,877 |  | 1,919 |  | 1,021
​
Schedule of payments charged to single series bonds, fifth issue | For the periods ended on December 31, 2022 and 2021, the following payments have been made:
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31, |  | December 31, |  | December 31,
Payments made | ​ | 2022 | ​ | 2021 | ​ | 2020
​ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$
Payments of interest |  | 19,125 |  | 19,125 |  | 19,125
​
Schedule of payments charged to single series bonds, sixth issue | For the periods ended on December 31, 2022 and 2021, the following payments have been made:
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31, |  | December 31, |  | December 31,
Payments made | ​ | 2022 | ​ | 2021 | ​ | 2020
​ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$
Payments of interest |  | 17,000 |  | 17,000 |  | 8,500
​
Schedule of payments charged to single series bonds, seventh issue | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31, |  | December 31, |  | December 31,
Payments made | ​ | 2022 | ​ | 2021 | ​ | 2020
​ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$
Payments of interest |  | 23,819 |  | — |  | —
​
Schedule of trade and other payables | a) Details trade and other payables
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of December 31, 2022 |  | As of December 31, 2021
Details trade and other payables |  | Current |  | Non-current |  | Current |  | Current |  | Non-current |  | Total
​ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$
Accounts payable | ​ | 373,351 |  | — |  | 373,351 | ​ | 279,092 |  | — |  | 279,092
Other accounts payable | ​ | 1,438 |  | — |  | 1,438 | ​ | 558 |  | — |  | 558
Prepayments from customers | ​ | — |  | — |  | — | ​ | — |  | 3,813 |  | 3,813
Total | ​ | 374,789 |  | — |  | 374,789 | ​ | 279,650 |  | 3,813 |  | 283,463
Schedule of suppliers current and past due on payments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Amounts according to payment periods as of December 31, 2022
​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | 366 and |  | ​
​ | ​ | Up to 30 | ​ | 31 – 60 | ​ | 61 – 90 | ​ | 91 – 120 | ​ | 121 – 365 | ​ | more | ​ | ​
Type of Supplier | ​ | Days | ​ | days | ​ | Days | ​ | days | ​ | days | ​ | days | ​ | Total
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ThUS$
Goods | ​ | 239,108 |  | 786 |  | 877 |  | 339 |  | — |  | — |  | 241,110
Services | ​ | 91,499 |  | 1,270 |  | 73 |  | — |  | 65 |  | — |  | 92,907
Others | ​ | 34,325 |  | — |  | — |  | — |  | — |  | — |  | 34,325
Total | ​ | 364,932 |  | 2,056 |  | 950 |  | 339 |  | 65 |  | — |  | 368,342
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Amounts according to payment periods as of December 31, 2021
​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | 366 and |  | ​
​ | ​ | Up to 30 | ​ | 31 - 60 | ​ | 61 – 90 | ​ | 91 – 120 | ​ | 121 – 365 | ​ | more | ​ | ​
Type of Supplier | ​ | Days | ​ | days | ​ | Days | ​ | days | ​ | days | ​ | days | ​ | Total
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ThUS$
Goods | ​ | 148,045 |  | 1,799 |  | 1,425 |  | — |  | 120 |  | 3,813 |  | 155,202
Services | ​ | 80,089 |  | 335 |  | 109 |  | 2 |  | 78 |  | — |  | 80,613
Others | ​ | 31,949 |  | — |  | — |  | — |  | — |  | — |  | 31,949
Total | ​ | 260,083 |  | 2,134 |  | 1,534 |  | 2 |  | 198 |  | 3,813 |  | 267,764
​ Suppliers past due on payments
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Amounts according to payment periods as of December 31, 2022
​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | 366 and |  | ​
​ | ​ | Up to 30 | ​ | 31 – 60 | ​ | 61 – 90 | ​ | 91 – 120 | ​ | 121 – 365 | ​ | more | ​ | ​
Type of Supplier | ​ | Days | ​ | days | ​ | Days | ​ | days | ​ | days | ​ | days | ​ | Total
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ThUS$
Goods | ​ | 1,294 |  | 135 |  | 64 |  | 24 |  | 1,363 |  | — |  | 2,880
Services | ​ | 1,548 |  | 174 |  | 20 |  | 1 |  | 196 |  | — |  | 1,939
Others | ​ | 136 |  | 27 |  | — |  | — |  | 27 |  | — |  | 190
Total | ​ | 2,978 |  | 336 |  | 84 |  | 25 |  | 1,586 |  | — |  | 5,009
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Amounts according to payment periods as of December 31, 2021
​ |  | ​ |  | ​ |  | ​ |  | ​ |  | ​ |  | 366 and |  | ​
​ | ​ | Up to 30 | ​ | 31 – 60 | ​ | 61 – 90 | ​ | 91 – 120 | ​ | 121 – 365 | ​ | more | ​ | ​
Type of Supplier | ​ | Days | ​ | days | ​ | Days | ​ | days | ​ | days | ​ | days | ​ | Total
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ThUS$
Goods | ​ | 7,688 |  | 30 |  | 5 |  | 1 |  | 37 |  | — |  | 7,761
Services | ​ | 4,055 |  | 108 |  | 533 |  | 34 |  | 181 |  | — |  | 4,911
Others | ​ | 2,340 |  | 16 |  | 73 |  | 35 |  | 5 |  | — |  | 2,469
Total | ​ | 14,083 |  | 154 |  | 611 |  | 70 |  | 223 |  | — |  | 15,141
​
Schedule of detailed information about financial assets | a)Financial Assets
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of December 31, 2022 |  | As of December 31, 2021
Description of financial assets |  | Current |  | Non-current |  | Total |  | Current |  | Non-current |  | Total
​ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$
Cash and cash equivalent | ​ | 2,655,236 |  | — |  | 2,655,236 | ​ | 1,515,051 |  | — |  | 1,515,051
Trade receivables due from related parties at amortized cost | ​ | 81,622 |  | — |  | 81,622 | ​ | 86,152 |  | — |  | 86,152
Financial assets measured at amortized cost | ​ | 950,167 |  | 23 |  | 950,190 | ​ | 905,170 |  | 91 |  | 905,261
Trade and other receivables | ​ | 1,087,420 |  | 2,091 |  | 1,089,511 | ​ | 654,073 |  | 6,172 |  | 660,245
Total financial assets measured at amortized cost | ​ | 4,774,445 |  | 2,114 |  | 4,776,559 | ​ | 3,160,446 |  | 6,263 |  | 3,166,709
Financial instruments for hedging purposes | ​ | 7,014 |  | — |  | 7,014 | ​ | 12,625 |  | 245 |  | 12,870
Financial instruments held for trading | ​ | 4,174 |  | — |  | 4,174 | ​ | 1,254 |  | — |  | 1,254
Financial assets classified as available for sale at fair value through equity | ​ | — |  | 9,497 |  | 9,497 | ​ | — |  | 8,932 |  | 8,932
Total financial assets at fair value | ​ | 11,188 |  | 9,497 |  | 20,685 | ​ | 13,879 |  | 9,177 |  | 23,056
Total financial assets | ​ | 4,785,633 |  | 11,611 |  | 4,797,244 | ​ | 3,174,325 |  | 15,440 |  | 3,189,765
​
Schedule of detailed information about financial liabilities | b)Financial Liabilities
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of December 31, 2022 |  | As of December 31, 2021
Description of financial liabilities |  | Current |  | Non-current |  | Total |  | Current |  | Non-current |  | Total
​ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$ | ​ | ThUS$
For hedging purposes through equity | ​ | 42,754 | ​ | 19,772 | ​ | 62,526 | ​ | 8,954 | ​ | 72,900 | ​ | 81,854
Held for trading at fair value through profit or loss | ​ | 5,816 | ​ | — | ​ | 5,816 | ​ | 1,672 | ​ | — | ​ | 1,672
Financial liabilities at fair value | ​ | 48,570 |  | 19,772 |  | 68,342 | ​ | 10,626 |  | 72,900 |  | 83,526
Bank loans | ​ | 130,840 |  | 197,522 |  | 328,362 | ​ | 85 |  | 69,613 |  | 69,698
Unsecured obligations | ​ | 343,589 |  | 2,176,924 |  | 2,520,513 | ​ | 40,594 |  | 2,445,219 |  | 2,485,813
Lease Liabilities | ​ | 12,149 |  | 49,585 |  | 61,734 | ​ | 7,704 |  | 46,519 |  | 54,223
Trade and other payables | ​ | 374,789 |  | — |  | 374,789 | ​ | 279,650 |  | 3,813 |  | 283,463
Total financial liabilities at amortized cost | ​ | 861,367 |  | 2,424,031 |  | 3,285,398 | ​ | 328,033 |  | 2,565,164 |  | 2,893,197
Total financial liabilities | ​ | 909,937 |  | 2,443,803 |  | 3,353,740 | ​ | 338,659 |  | 2,638,064 |  | 2,976,723
​
Schedule of fair value measurement of assets and liabilities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31, 2022 | ​ | Measurement Methodology
​ | ​ | ​ | ​ | Fair value | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Carrying Amount at | ​ | (disclosure | ​ | Fair amount | ​ | ​ | ​ | ​ | ​ | ​
Fair value measurement of assets and liabilities | ​ | Amortized Cost | ​ | purposes) | ​ | registered | ​ | Level 1 | ​ | Level 2 | ​ | Level 3
​ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$
Financial Assets |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | 2,655,236 |  | 2,655,236 |  | — |  | 2,655,236 |  | — |  | —
Other current financial assets |  |  |  |  |  |  |  |  |  |  |  |
- Time deposits |  | 950,167 |  | 950,167 |  | — |  | — |  | 950,167 |  | —
- Derivative financial instruments |  | — |  | — |  | — |  | — |  | — |  |
- Forwards |  | — |  | — |  | 3,704 |  | — |  | 3,704 |  | —
- Options |  | — |  | — |  | 470 |  | — |  | 470 |  | —
- Hedging assets |  | — |  | — |  | 7,014 |  | — |  | 7,014 |  | —
- Swaps |  | — |  | — |  | — |  | — |  | — |  | —
Non-current accounts receivable |  | 2,091 |  | 2,091 |  | — |  | — |  | — |  | —
Other non-current financial assets: |  |  |  |  |  |  |  |  |  |  |  |
- Other |  | 23 |  | 23 |  | — |  | — |  | 23 |  | —
- Equity instruments |  | — |  | — |  | 9,497 |  | 9,497 |  | — |  | —
- Hedging assets – Swaps |  | — |  | — |  | 22,606 |  | 22,606 |  | — |  | —
Other current financial liabilities |  |  |  |  |  |  |  |  |  |  |  |
- Bank borrowings |  | 130,840 |  | 130,840 |  | — |  | — |  | 130,840 |  | —
- Derivative instruments |  | — |  | — |  | — |  | — |  | — |  | —
- Forwards |  | — |  | — |  | 4,848 |  | — |  | 4,848 |  | —
- Options |  | — |  | — |  | 968 |  | — |  | 968 |  | —
- Hedging liabilities – Swaps |  | — |  | — |  | 42,754 |  | — |  | 42,754 |  | —
- Swaps hedges, investments |  | — |  | — |  | — |  | — |  | — |  | —
- Unsecured obligations |  | 343,589 |  | 343,589 |  | — |  | — |  | 343,589 |  | —
Other non-current financial liabilities |  |  |  |  |  |  |  |  |  |  |  |
- Bank borrowings |  | 197,522 |  | 196,598 |  | — |  | — |  | 196,598 |  | —
- Unsecured obligations |  | 2,176,924 |  | 2,476,924 |  | — |  | — |  | 2,476,924 |  | —
- Non-current hedging liabilities |  | — |  | — |  | 19,772 |  | — |  | 19,772 |  | —
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31, 2021 | ​ | Measurement Methodology
​ | ​ | ​ | ​ | Fair value | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Carrying Amount at | ​ | (disclosure | ​ | Fair amount | ​ | ​ | ​ | ​ | ​ | ​
Fair value measurement of assets and liabilities | ​ | Amortized Cost | ​ | purposes) | ​ | registered | ​ | Level 1 | ​ | Level 2 | ​ | Level 3
​ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$
Financial Assets |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | 1,515,051 |  | 1,515,051 |  | — |  | — |  | 1,515,051 |  | —
Other current financial assets |  |  |  |  |  |  |  |  |  |  |  |
- Time deposits |  | 905,170 |  | 905,170 |  | — |  | — |  | 905,170 |  | —
- Derivative financial instruments |  |  |  |  |  |  |  |  |  |  |  |
- Forwards |  | — |  | — |  | 1,031 |  | — |  | 1,031 |  | —
- Options |  | — |  | — |  | 223 |  | — |  | 223 |  | —
- Hedging assets |  | — |  | — |  | — |  | — |  | — |  | —
- Swaps |  | — |  | — |  | 12,625 |  | — |  | 12,625 |  | —
Non-current accounts receivable |  | 6,172 |  | 6,172 |  | — |  | — |  | — |  | —
Other non-current financial assets: |  |  |  |  |  |  |  |  |  |  |  |
- Other |  | 91 |  | 91 |  | — |  | — |  | 91 |  | —
- Equity instruments |  | — |  | — |  | 9,177 |  | 9,177 |  | — |  | —
- Hedging assets – Swaps |  | — |  | — |  | — |  | — |  | — |  | —
Other current financial liabilities |  |  |  |  |  |  |  |  |  |  |  |
- Bank borrowings |  | 85 |  | 85 |  | — |  | — |  | 85 |  | —
- Derivative instruments |  | — |  | — |  | — |  | — |  | — |  | —
- Forwards |  | — |  | — |  | 1,270 |  | — |  | 1,270 |  | —
- Options |  | — |  | — |  | 402 |  | — |  | 402 |  | —
- Hedging liabilities – Swaps |  | — |  | — |  | 8,954 |  | — |  | 8,954 |  | —
- Swaps hedges, investments |  | — |  | — |  | — |  | — |  | — |  | —
- Unsecured obligations |  | 40,594 |  | 40,594 |  | — |  | — |  | 40,594 |  | —
Other non-current financial liabilities |  |  |  |  |  |  |  |  |  |  |  |
- Bank borrowings |  | 69,613 |  | 70,497 |  | — |  | — |  | 70,497 |  | —
- Unsecured obligations |  | 2,445,219 |  | 2,871,005 |  | — |  | — |  | 2,871,005 |  | —
- Non-current hedging liabilities |  | — |  | — |  | 72,900 |  | — |  | 72,900 |  | —
​
Schedule of net debt | ​
​ | ​ | ​ | ​ | ​
​ | ​ | As of | ​ | As of
​ | ​ | December 31, | ​ | December 31,
Net debt | ​ | 2022 | ​ | 2021
​ |  | ThUS$ |  | ThUS$
Cash and cash equivalents |  | 2,655,236 |  | 1,515,051
Other current financial assets |  | 961,355 |  | 919,049
Other non-current financial hedge assets |  | 22,606 |  | 245
Other current financial liabilities |  | (522,999) |  | (51,305)
Lease liabilities current |  | (12,149) |  | (7,704)
Other non-current financial liabilities |  | (2,394,218) |  | (2,587,732)
Non-current Lease liabilities |  | (49,585) |  | (46,519)
Total |  | 660,246 |  | (258,915)
​
Schedule of detailed information about changes in net debt | ​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of | ​ | From cash flow | ​ | Not from cash flow | ​ | As of
​ | ​ | December 31, | ​ | Amounts from | ​ | Amounts from | ​ | Other cash | ​ | Interests | ​ | Exchange rate | ​ | Fair value | ​ | December 31,
Net debt | ​ | 2020 | ​ | loans | ​ | interests | ​ | income/expenses | ​ | ​ | ​ | differences | ​ | ​ | ​ | 2021
​ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ |  | ThUS$ | ​ | ThUS$
Obligations with the public and bank loans |  | (1,922,864) |  | (685,130) |  | 75,578 |  | 16,570 |  | (84,138) |  | 44,473 |  | — | ​ | (2,555,511)
Current and non-current lease liabilities |  | (31,074) |  | 7,960 |  | 1,587 |  | — |  | (32,877) |  | 181 |  | — | ​ | (54,223)
Financial instruments derived from hedging |  | 18,070 |  | (760) |  | 7,238 |  | — |  | (52,254) |  | — |  | (53,891) | ​ | (81,597)
Derivatives from other financial non-hedge assets |  | (2,784) |  | — |  | — |  | (2,327) |  | 4,693 |  | — |  | — | ​ | (418)
Current and non-current financial liabilities |  | (1,938,652) |  | (677,930) |  | 84,403 |  | 14,243 |  | (164,576) |  | 44,654 |  | (53,891) | ​ | (2,691,749)
Cash and cash equivalents |  | 509,102 |  | — |  | — |  | 1,022,061 |  | — |  | (16,112) |  | ​ | ​ | 1,515,051
Deposits that do not qualify as cash and cash equivalents |  | 345,459 |  | — |  | (2,747) |  | 585,106 |  | 4,668 |  | (27,316) |  | — | ​ | 905,170
Derivatives from hedge assets |  | (21,004) |  | — |  | — |  | 9,405 |  | 23,083 |  | — |  | 1,129 | ​ | 12,613
Total |  | (1,105,095) |  | (677,930) |  | 81,656 |  | 1,630,815 |  | (136,825) |  | 1,226 |  | (52,762) | ​ | (258,915)

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- Definition The disclosure of a maturity analysis for derivative financial liabilities, including the remaining contractual maturities for those derivative financial liabilities for which contractual maturities are essential for an understanding of the timing of the cash flows. [Refer: Derivative financial liabilities] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2022-03-24 -Paragraph 39 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2022-en-r&anchor=para_39_b&doctype=Standard -URIDate 2022-03-24 + Details
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