XML 93 R20.htm IDEA: XBRL DOCUMENT v3.25.1
Intangible assets and goodwill
 12 Months Ended
Dec. 31, 2024
Intangible assets and goodwill [abstract]  
Intangible assets and goodwill Intangible assets and goodwill
14.1    Reconciliation of changes in intangible assets and goodwill
As of December 31, 2024
Intangible assets and goodwillUseful lifeNet Value
ThUS$
IT programsFinite8,430 
Mining rightsFinite133,119 
Water rights and rights of wayIndefinite4,909 
Water rightsFinite3,791 
Intellectual propertyFinite14,761 
Other intangible assetsFinite2,958 
Intangible assets other than goodwill167,968 
GoodwillIndefinite948 
Total Intangible Asset168,916 
As of December 31, 2023
Intangible assets and goodwillUseful lifeNet Value
ThUS$
IT programsFinite3,190 
Mining rightsFinite134,924 
Water rights and rights of wayIndefinite4,909 
Water rightsFinite7,580 
Intellectual propertyFinite5,201 
Other intangible assetsFinite70 
Intangible assets other than goodwill155,874 
GoodwillIndefinite958 
Total Intangible Asset156,832 
a)    Movements in identifiable intangible assets as of December 31, 2024:
Movements in identifiable intangible assetsIT programsMining rights,
Finite		Water rights,
and rights of
way, Indefinite		Water rights
Finite		Intellectual
property		Other intangible
assets		GoodwillTotal
ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$
At January 1, 20243,190 134,924 4,909 7,580 5,201 70 958 156,832 
Additions6,700 — — — 10,130 378 — 17,208 
Amortization for the year(1,430)(1,608)— (3,789)(805)(126)— (7,758)
Impairment losses recognized in income for the period — — — — — — (10)(10)
Other increases / decreases for foreign currency exchange rates(41)3,694 — — — (24)— 3,629 
Other increases (decreases)11 (3,891)— — 235 2,660 — (985)
Subtotal5,240 (1,805)— (3,789)9,560 2,888 (10)12,084 
As of December 31, 20248,430 133,119 4,909 3,791 14,761 2,958 948 168,916 
Historical cost43,851 162,492 7,420 18,000 17,580 5,314 4,491 259,148 
Accumulated amortization(35,421)(29,373)(2,511)(14,209)(2,819)(2,356)(3,543)(90,232)
At January 1, 20233,249 140,873 4,909 11,369 5,850 86 967 167,303 
Additions197 196 — — — 15 — 408 
Amortization for the year(1,451)(4,684)— (3,789)(649)(28)— (10,601)
Impairment losses recognized in income for the year (1)— — — — — — (9)(9)
Other increases / decreases for foreign currency exchange rates6 — — — — (3)— 3 
Other increases (decreases)1,189 (1,461)— — — — — (272)
Subtotal(59)(5,949)— (3,789)(649)(16)(9)(10,471)
As of December 31, 20233,190 134,924 4,909 7,580 5,201 70 958 156,832 
Historical cost37,849 161,451 7,420 18,000 7,215 2,303 4,492 238,730 
Accumulated amortization(34,659)(26,527)(2,511)(10,420)(2,014)(2,233)(3,534)(81,898)
(1)See Note 21.5.
(b)    Movements in identifiable goodwill as of December 31, 2024 and 2023:
Accumulated impairment
Movements in identifiable
goodwill		Goodwill at the beginning
of period January 1, 2024		Additional
recognition		Impairment losses recognized in
income for the year (-)		Total increase
(decrease)		Total
ThUS$ThUS$ThUS$ThUS$ThUS$
SQM Iberian S.A.148 — (10)(10)138 
SQM Investment Corporation86 — — — 86 
SQM Potasio SpA724 — — — 724 
Ending balance958 — (10)(10)948 
Accumulated impairment
Movements in identifiable
goodwill		Goodwill at the beginning
of period January 1, 2023		Additional
recognition		Impairment losses recognized in income for the year (-)Total increase
(decrease)		Total
ThUS$ThUS$ThUS$ThUS$ThUS$
SQM Iberian S.A.148 — — — 148 
SQM Investment Corporation86 — — — 86 
Soquimich European Holding B.V. (*)9 — (9)(9)— 
SQM Potasio S.A.724 — — — 724 
Ending balance967 — (9)(9)958 
(*)Based on an impairment analysis conducted by management, this goodwill was adjusted for based on the assessment that its partial or total book value is not recoverable.