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Consolidated statements of profit or loss - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Continuing operations      
Sales of goods $ 801,199,000 $ 863,470,000 $ 637,619,000
Sales of services 22,222,000 21,052,000 20,285,000
Royalty income 1,381,000 15,928,000 18,638,000
Total operating income 824,802,000 900,450,000 676,542,000
Cost of sales      
Cost of sales of goods, excluding depreciation and amortization (461,942,000) (529,731,000) (393,888,000)
Unabsorbed cost due to production stoppage (23,058,000) (25,509,000) (27,758,000)
Cost of sales of services, excluding depreciation and amortization (3,163,000) (1,269,000) (1,554,000)
Depreciation and amortization (176,781,000) (187,211,000) (189,620,000)
Exploration in operating units (80,796,000) (56,412,000) (28,044,000)
Mining royalties (17,733,000) (12,974,000) (11,749,000)
Total cost of sales (763,473,000) (813,106,000) (652,613,000)
Gross profit 61,329,000 87,344,000 23,929,000
Operating income (expenses)      
Administrative expenses (67,728,000) (67,585,000) (67,185,000)
Selling expenses (20,222,000) (20,827,000) (18,533,000)
Exploration in non-operating areas (14,252,000) (11,270,000) (8,475,000)
Provision of contingencies and others (2,935,000) (2,687,000) (4,150,000)
Impairment recovery (loss) of long-lived assets 19,874,000 (14,910,000) 2,083,000
Write-off of stripping activity asset 0 (6,763,000) (11,633,000)
Other, net (15,085,000) (29,260,000) 2,690,000
Total operating income (expenses) (100,348,000) (153,302,000) (105,203,000)
Operating loss (39,019,000) (65,958,000) (81,274,000)
Other income (expense), net      
Share in the results of associates and joint venture 176,270,000 240,450,000 62,702,000
Foreign currency exchange difference 26,871,000 (18,686,000) (4,116,000)
Finance income 14,443,000 5,952,000 2,411,000
Finance costs (54,136,000) (60,629,000) (37,822,000)
Profit (loss) before income tax 124,429,000 101,129,000 (58,099,000)
Income tax      
Current income tax (15,633,000) (20,375,000) (9,924,000)
Deferred income tax 15,592,000 44,046,000 (15,506,000)
Total income tax (41,000) 23,671,000 (25,430,000)
Profit (loss) from continuing operations 124,388,000 124,800,000 (83,529,000)
Discontinued operations      
Profit (loss) from discontinued operations 478,547,000 (387,604,000) (66,810,000)
Profit (loss) 602,935,000 (262,804,000) (150,339,000)
Profit (loss) attributable to:      
Owners of the parent 602,550,000 (264,075,000) (135,718,000)
Non-controlling interest 385,000 1,271,000 (14,621,000)
Profit (loss) $ 602,935,000 $ (262,804,000) $ (150,339,000)
Basic profit (loss) per share, stated in U.S. dollars - Attributable to owners of parent $ 2.37 $ (1.04) $ (0.53)
Diluted profit (loss) per share, stated in U.S. dollars - Attributable to owners of parent 2.37 (1.04) (0.53)
Basic profit (loss) per share, stated in U.S. dollars - Attributable to owners of the parent for continuing operations 0.49 0.49 (0.27)
Diluted profit (loss) per share, stated in U.S. dollars - Attributable to owners of the parent for continuing operations 0.49 0.49 (0.27)
Basic profit (loss) per share, stated in U.S. dollars - Attributable to owners of the parent for discontinued operations 1.88 (1.53) (0.26)
Diluted profit (loss) per share, stated in U.S. dollars - Attributable to owners of the parent for discontinued operations $ 1.88 $ (1.53) $ (0.26)
Sociedad Minera Cerro Verde S.A.A      
Continuing operations      
Sales of goods $ 3,975,295,000 $ 4,199,448,000 $ 2,538,593,000
Cost of sales      
Cost of sales of goods, excluding depreciation and amortization (2,367,767,000) (2,155,088,000) (1,809,255,000)
Gross profit 1,607,528,000 2,044,360,000 729,338,000
Operating income (expenses)      
Selling expenses (157,373,000) (109,886,000) (97,680,000)
Other operating expenses (24,212,000) (8,510,000) (38,484,000)
Other operating income 279,000 400,000 6,157,000
Total operating income (expenses) (181,306,000) (117,996,000) (130,007,000)
Operating loss 1,426,222,000 1,926,364,000 599,331,000
Other income (expense), net      
Foreign currency exchange difference 980,000 29,493,000 52,464,000
Finance income 17,235,000 2,820,000 2,350,000
Finance costs (10,537,000) (31,500,000) (142,675,000)
Profit (loss) before income tax 1,433,900,000 1,927,177,000 511,470,000
Income tax      
Total income tax 508,547,000 735,703,000 236,926,000
Discontinued operations      
Profit (loss) 925,353,000 1,191,474,000 274,544,000
Profit (loss) attributable to:      
Profit (loss) $ 925,353,000 $ 1,191,474,000 $ 274,544,000
Basic profit (loss) per share, stated in U.S. dollars - Attributable to owners of parent $ 2.643 $ 3.404 $ 0.784
Diluted profit (loss) per share, stated in U.S. dollars - Attributable to owners of parent $ 3.404 $ 0.784 $ 1.115