XML 58 R42.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Cash and cash equivalents (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Cash and cash equivalents [abstract] |
Schedule of cash and cash equivalents | As of December 31, 2023 and 2022, cash and cash equivalents are detailed as follows:
Cash |  | As of December 31, 2023 |  | As of December 31, 2022
|  | ThUS$ |  | ThUS$
Cash on hand |  | 33 |  |  | 43 |
Cash in banks |  | 676,282 |  |  | 529,606 |
Other demand deposits |  | 709 |  |  | — |
Total Cash |  | 677,024 |  |  | 529,649 |
Cash equivalents |  | As of December 31, 2023 |  | As of December 31, 2022
|  | ThUS$ |  | ThUS$
Short-term deposits, classified as cash equivalents |  | 23,545 |  |  | 1,099,441 |
Short-term investments, classified as cash equivalents |  | 340,800 |  |  | 1,026,146 |
Total cash equivalents |  | 364,345 |  |  | 2,125,587 |
Total cash and cash equivalents |  | 1,041,369 |  |  | 2,655,236 |
Schedule of short-term investments | As of December 31, 2023 and 2022, the short-term investments classified as cash equivalents relate to mutual funds (investment liquidity funds) for investments in:
Institution |  | As of December 31, 2023 |  | As of December 31, 2022
|  | ThUS$ |  | ThUS$
Legg Mason - Western Asset Institutional Cash Reserves |  | 312,924 |  |  | 590,661 |
JP Morgan US dollar Liquidity Fund Institutional |  | 22,845 |  |  | 435,485 |
Banco Crédito e Inversiones |  | 5,031 |  |  | — |
Total |  | 340,800 |  |  | 1,026,146 |
Schedule of restricted cash balances | As of December 31, 2023 and 2022, pledged assets are as follows
Restricted cash balances |  | As of December 31, 2023 |  | As of December 31, 2022
|  | ThUS$ |  | ThUS$
Isapre Norte Grande Ltda. |  | 950 |  |  | 717 |
Total |  | 950 |  |  | 717 |
Schedule of detailed information about short-term deposits | The detail at the end of each balance date is as follows:
Receiver of the deposit |  | Type of deposit |  | Original Currency |  | Interest Rate |  | Placement date |  | Expiration date |  | Principal |  | Interest accrued to-date |  | As of December 31, 2023
|  |  |  |  |  |  |  |  |  |  |  | ThUS$ |  | ThUS$ |  | ThUS$
Banco Santander |  | Fixed term |  | Dollar |  | 0.39 | % |  | 12-11-2023 |  | 01-05-2024 |  | 5,000 |  |  | 16 |  |  | 5,016 |
Banco Santander |  | Fixed term |  | Dollar |  | 0.28 | % |  | 12-21-2023 |  | 01-08-2024 |  | 1,300 |  |  | 2 |  |  | 1,302 |
Banco Crédito e Inversiones |  | Fixed term |  | Dollar |  | 0.80 | % |  | 12-28-2023 |  | 02-16-2024 |  | 1,000 |  |  | — |  |  | 1,000 |
Itaú Corpbanca |  | Fixed term |  | Dollar |  | 0.27 | % |  | 12-18-2023 |  | 01-05-2024 |  | 3,000 |  |  | 6 |  |  | 3,006 |
Itaú Corpbanca |  | Fixed term |  | Dollar |  | 0.54 | % |  | 12-04-2023 |  | 01-08-2024 |  | 2,000 |  |  | 8 |  |  | 2,008 |
Scotiabank Sud Americano |  | Fixed term |  | Dollar |  | 0.45 | % |  | 12-18-2023 |  | 01-16-2024 |  | 2,700 |  |  | 5 |  |  | 2,705 |
Scotiabank Sud Americano |  | Fixed term |  | Dollar |  | 0.23 | % |  | 12-20-2023 |  | 01-04-2024 |  | 2,200 |  |  | 4 |  |  | 2,204 |
Scotiabank Sud Americano |  | Fixed term |  | Dollar |  | 0.16 | % |  | 12-29-2023 |  | 01-05-2024 |  | 1,140 |  |  | 1 |  |  | 1,141 |
Scotiabank Sud Americano |  | Fixed term |  | Dollar |  | 0.78 | % |  | 12-13-2023 |  | 01-31-2024 |  | 700 |  |  | 2 |  |  | 702 |
Banco de Chile |  | Fixed term |  | Dollar |  | 0.70 | % |  | 12-27-2023 |  | 02-09-2024 |  | 1,850 |  |  | 1 |  |  | 1,851 |
Banco de Chile |  | Fixed term |  | Dollar |  | 1.02 | % |  | 12-04-2023 |  | 02-05-2024 |  | 1,300 |  |  | 6 |  |  | 1,306 |
Banco de Chile |  | Fixed term |  | Dollar |  | 0.77 | % |  | 12-14-2023 |  | 01-31-2024 |  | 1,300 |  |  | 4 |  |  | 1,304 |
Total |  |  |  |  |  |  |  |  |  |  |  | 23,490 |  |  | 55 |  |  | 23,545 |
Receiver of the deposit |  | Type of deposit |  | Original Currency |  | Interest Rate |  | Placement date |  | Expiration date |  | Principal |  | Interest accrued to-date |  | As of December 31, 2022
|  |  |  |  |  |  |  |  |  |  |  | ThUS$ |  | ThUS$ |  | ThUS$
Banco Crédito e Inversiones |  | Fixed term |  | Peso |  | 0.95 | % |  | 11-17-2022 |  | 01-25-2023 |  | 42,998 |  |  | 609 |  |  | 43,607 |
Banco Crédito e Inversiones |  | Fixed term |  | Peso |  | 0.94 | % |  | 12-15-2022 |  | 01-25-2023 |  | 100,817 |  |  | 537 |  |  | 101,354 |
Itaú Corpbanca |  | Fixed term |  | Peso |  | 0.96 | % |  | 12-06-2022 |  | 01-05-2023 |  | 41,421 |  |  | 343 |  |  | 41,764 |
Itaú Corpbanca |  | Fixed term |  | Peso |  | 0.96 | % |  | 12-12-2022 |  | 01-25-2023 |  | 100,660 |  |  | 644 |  |  | 101,304 |
Itaú Corpbanca |  | Fixed term |  | Peso |  | 0.95 | % |  | 11-17-2022 |  | 01-25-2023 |  | 32,248 |  |  | 458 |  |  | 32,706 |
Itaú Corpbanca |  | Fixed term |  | Peso |  | 0.95 | % |  | 11-16-2022 |  | 01-25-2023 |  | 73,831 |  |  | 1,070 |  |  | 74,901 |
Itaú Corpbanca |  | Fixed term |  | Peso |  | 0.96 | % |  | 12-13-2022 |  | 01-25-2023 |  | 30,146 |  |  | 183 |  |  | 30,329 |
Santander |  | Fixed term |  | Peso |  | 0.95 | % |  | 12-16-2022 |  | 01-25-2023 |  | 103,288 |  |  | 523 |  |  | 103,811 |
Santander |  | Fixed term |  | Peso |  | 0.94 | % |  | 12-06-2022 |  | 01-05-2023 |  | 20,710 |  |  | 168 |  |  | 20,878 |
Scotiabank Sud Americano |  | Fixed term |  | Peso |  | 0.96 | % |  | 12-12-2022 |  | 01-25-2023 |  | 50,330 |  |  | 322 |  |  | 50,652 |
Scotiabank Sud Americano |  | Fixed term |  | Peso |  | 0.98 | % |  | 12-13-2022 |  | 01-25-2023 |  | 100,487 |  |  | 621 |  |  | 101,108 |
Scotiabank Sud Americano |  | Fixed term |  | Peso |  | 0.96 | % |  | 12-13-2022 |  | 01-25-2023 |  | 70,341 |  |  | 428 |  |  | 70,769 |
Scotiabank Sud Americano |  | Fixed term |  | Peso |  | 0.97 | % |  | 12-14-2022 |  | 01-25-2023 |  | 100,258 |  |  | 584 |  |  | 100,842 |
Scotiabank Sud Americano |  | Fixed term |  | Dollar |  | 4.54 | % |  | 11-21-2022 |  | 01-25-2023 |  | 82,000 |  |  | 424 |  |  | 82,424 |
Sumitomo Mitsui Banking |  | Fixed term |  | Dollar |  | 4.54% |  | 11-21-2022 |  | 01-25-2023 |  | 122,000 |  |  | 631 |  |  | 122,631 |
Banco Crédito e Inversiones |  | Fixed term |  | Dollar |  | 0.42% |  | 12-06-2022 |  | 01-06-2023 |  | 2,000 |  |  | 7 |  |  | 2,007 |
Banco Crédito e Inversiones |  | Fixed term |  | Dollar |  | 0.44% |  | 12-01-2022 |  | 01-03-2023 |  | 1,500 |  |  | 6 |  |  | 1,506 |
Banco Crédito e Inversiones |  | Fixed term |  | Peso |  | 0.22% |  | 12-30-2022 |  | 01-06-2023 |  | 2,103 |  |  | 1 |  |  | 2,104 |
Banco de Chile |  | Fixed term |  | Dollar |  | 0.95% |  | 12-12-2022 |  | 02-14-2023 |  | 600 |  |  | 2 |  |  | 602 |
Itaú Corpbanca |  | Fixed term |  | Dollar |  | 1.02% |  | 12-13-2022 |  | 02-16-2023 |  | 500 |  |  | 2 |  |  | 502 |
Itaú Corpbanca |  | Fixed term |  | Dollar |  | 0.46% |  | 11-30-2022 |  | 01-03-2023 |  | 1,000 |  |  | 4 |  |  | 1,004 |
Itaú Corpbanca |  | Fixed term |  | Dollar |  | 0.42% |  | 12-06-2022 |  | 01-06-2023 |  | 700 |  |  | 2 |  |  | 702 |
Itaú Corpbanca |  | Fixed term |  | Dollar |  | 1.07% |  | 12-21-2022 |  | 02-27-2023 |  | 1,700 |  |  | 3 |  |  | 1,703 |
Scotiabank Sud Americano |  | Fixed term |  | Dollar |  | 0.66% |  | 12-07-2022 |  | 01-27-2023 |  | 1,000 |  |  | 3 |  |  | 1,003 |
Scotiabank Sud Americano |  | Fixed term |  | Dollar |  | 0.64% |  | 11-16-2022 |  | 01-03-2023 |  | 2,500 |  |  | 15 |  |  | 2,515 |
Scotiabank Sud Americano |  | Fixed term |  | Dollar |  | 0.72% |  | 12-28-2022 |  | 02-13-2023 |  | 2,200 |  |  | 1 |  |  | 2,201 |
Scotiabank Sud Americano |  | Fixed term |  | Dollar |  | 0.96% |  | 12-30-2022 |  | 03-03-2023 |  | 500 |  |  | — |  |  | 500 |
Scotiabank Sud Americano |  | Fixed term |  | Dollar |  | 0.58% |  | 11-22-2022 |  | 01-03-2023 |  | 1,500 |  |  | 8 |  |  | 1,508 |
Scotiabank Sud Americano |  | Fixed term |  | Dollar |  | 0.38% |  | 12-16-2022 |  | 01-13-2023 |  | 1,500 |  |  | 3 |  |  | 1,503 |
Scotiabank Sud Americano |  | Fixed term |  | Dollar |  | 0.87% |  | 12-22-2022 |  | 02-16-2023 |  | 1,000 |  |  | 1 |  |  | 1,001 |
Total |  |  |  |  |  |  |  |  |  |  |  | 1,091,838 |  |  | 7,603 |  |  | 1,099,441 |

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

X
- Definition The disclosure of restricted cash and cash equivalents. [Refer: Restricted cash and cash equivalents] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_10_e&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfRestrictedCashAndCashEquivalentsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of detailed information about cash and cash equivalents [Text Block] + References No definition available. + Details
Name: | sqm_DisclosureOfDetailedInformationAboutCashAndCashEquivalentsTableTextBlock
Namespace Prefix: | sqm_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of detailed information about short term deposits [Text Block] + References No definition available. + Details
Name: | sqm_DisclosureOfDetailedInformationAboutShortTermDepositsTableTextBlock
Namespace Prefix: | sqm_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of detailed information about short term investments [Text Block] + References No definition available. + Details
Name: | sqm_DisclosureOfDetailedInformationAboutShortTermInvestmentsTableTextBlock
Namespace Prefix: | sqm_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration