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Consolidated statements of profit or loss - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Continuing operations      
Sales of goods $ 810,961,000 $ 801,199,000 $ 863,470,000
Sales of services 12,884,000 22,222,000 21,052,000
Royalty income 0 1,381,000 15,928,000
Total operating income 823,845,000 824,802,000 900,450,000
Cost of sales      
Cost of sales of goods, excluding depreciation and amortization (457,354,000) (461,942,000) (529,731,000)
Unabsorbed cost due to production stoppage (19,893,000) (23,058,000) (25,509,000)
Cost of sales of services, excluding depreciation and amortization (6,243,000) (3,163,000) (1,269,000)
Depreciation and amortization (181,039,000) (176,781,000) (187,211,000)
Exploration in operating units (49,229,000) (80,796,000) (56,412,000)
Mining royalties (18,839,000) (17,733,000) (12,974,000)
Total cost of sales (732,597,000) (763,473,000) (813,106,000)
Gross profit 91,248,000 61,329,000 87,344,000
Operating income (expenses)      
Administrative expenses (69,183,000) (67,728,000) (67,585,000)
Selling expenses (19,392,000) (20,222,000) (20,827,000)
Exploration in non-operating areas (13,452,000) (14,252,000) (11,270,000)
Reversal (provision) of contingencies and others 6,927,000 (2,935,000) (2,687,000)
Impairment recovery (loss) of long-lived assets 0 19,874,000 (14,910,000)
Write-off of stripping activity asset 0 0 (6,763,000)
Other, net 24,973,000 (15,085,000) (29,260,000)
Total operating income (expenses) (70,127,000) (100,348,000) (153,302,000)
Operating profit (loss) 21,121,000 (39,019,000) (65,958,000)
Other income (expense), net      
Share in the results of associates and joint venture 152,225,000 176,270,000 240,450,000
Foreign currency exchange difference 19,375,000 26,871,000 (18,686,000)
Finance income 9,057,000 14,443,000 5,952,000
Finance costs (119,254,000) (54,136,000) (60,629,000)
Profit before income tax 82,524,000 124,429,000 101,129,000
Income tax      
Current income tax (69,306,000) (15,633,000) (20,375,000)
Deferred income tax 26,312,000 15,592,000 44,046,000
Total income tax (42,994,000) (41,000) 23,671,000
Profit from continuing operations 39,530,000 124,388,000 124,800,000
Discontinued operations      
(Loss) profit from discontinued operations (6,848,000) 478,547,000 (387,604,000)
Profit (loss) 32,682,000 602,935,000 (262,804,000)
Profit (loss) attributable to:      
Owners of the parent 19,855,000 602,550,000 (264,075,000)
Non-controlling interest 12,827,000 385,000 1,271,000
Profit (loss) $ 32,682,000 $ 602,935,000 $ (262,804,000)
Basic profit (loss) per share, stated in U.S. dollars - Attributable to owners of parent $ 0.080 $ 2.372 $ (1.040)
Diluted profit (loss) per share, stated in U.S. dollars - Attributable to owners of parent 0.08 2.372 (1.040)
Basic profit (loss) per share, stated in U.S. dollars - Attributable to owners of the parent for continuing operations 0.11 0.49 0.49
Diluted profit (loss) per share, stated in U.S. dollars - Attributable to owners of the parent for continuing operations 0.11 0.49 0.49
Basic profit (loss) per share, stated in U.S. dollars - Attributable to owners of the parent for discontinued operations (0.03) 1.88 (1.53)
Diluted profit (loss) per share, stated in U.S. dollars - Attributable to owners of the parent for discontinued operations $ (0.03) $ 1.88 $ (1.53)
Sociedad Minera Cerro Verde S.A.A      
Continuing operations      
Sales of goods $ 4,143,228,000 $ 3,975,295,000 $ 4,199,448,000
Cost of sales      
Cost of sales of goods, excluding depreciation and amortization (2,556,052,000) (2,367,767,000) (2,155,088,000)
Gross profit 1,587,176,000 1,607,528,000 2,044,360,000
Operating income (expenses)      
Selling expenses (158,244,000) (157,373,000) (109,886,000)
Other operating expenses (91,219,000) (24,212,000) (8,510,000)
Other operating income 3,406,000 279,000 400,000
Total operating income (expenses) (246,057,000) (181,306,000) (117,996,000)
Operating profit (loss) 1,341,119,000 1,426,222,000 1,926,364,000
Other income (expense), net      
Foreign currency exchange difference 20,476,000 980,000 29,493,000
Finance income 36,285,000 12,314,000 1,713,000
Finance costs (67,118,000) (5,616,000) (30,393,000)
Profit before income tax 1,330,762,000 1,433,900,000 1,927,177,000
Income tax      
Total income tax (551,798,000) (508,547,000) (735,703,000)
Discontinued operations      
Profit (loss) 778,964,000 925,353,000 1,191,474,000
Profit (loss) attributable to:      
Profit (loss) $ 778,964,000 $ 925,353,000 $ 1,191,474,000
Basic profit (loss) per share, stated in U.S. dollars - Attributable to owners of parent $ 2.225 $ 2.643 $ 3.404
Diluted profit (loss) per share, stated in U.S. dollars - Attributable to owners of parent $ 2.225 $ 2.643 $ 3.404