Company: SQM
Filing Date: 2025-06-12
Form Type: 6-K
Source: 0000909037-25-000030
Chunk: 20

Company: CHEMICAL & MINING CO OF CHILE INC
Filing Date: 2025-06-12
Form: 6-K
Chunk 20
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 2.4

### Consolidated statement of cash flows
Cash equivalents correspond to highly liquid short-term investments that are easily convertible into known amounts of cash and subject to insignificant risk of changes in their value and mature in less than three months from the date of acquisition of the instrument.

For the purposes of the statement of cash flows, cash and cash equivalents comprise cash and cash equivalents as defined above.

The statement of cash flows present cash transactions performed during the period, determined using the direct method.

The Company’s accounting policy is to consider interest paid and finance costs, interest received and dividends received as net cash flows from operations and dividends paid as cash flows from (used in) financing activities.

Other inflows (outflows) of cash from operating activities are composed as follows:

| For the period ended |     |     As of 
 March 31, 
      2025 |     |     As of 
 March 31, 
      2024 |
|:---------------------|:----|----------:|:----|----------:|
| ThUS$                |     |     ThUS$ |     |           |
| Bank expenses        |     |     4,264 |     |    -2,974 |
| Fiscal credits       |     |    -2,483 |     |    -1,000 |
| Government grants    |     |        17 |     |         - |
| Value added tax      |     |   125,770 |     |    54,411 |
| Debt issuance costs  |     |    -6,592 |     |       -42 |
| Total                |     |   120,976 |     |    50,395 |

#### 2.5

### Financial assets accounting policy
Management determines the classification of its financial assets at fair value (either through other comprehensive income, or through profit or loss), and at amortized cost. The classification depends on the business model of the entity to manage the financial assets and the contractual terms of the cash flows.

The initial value of the Company's financial assets valued at fair value through other comprehensive income includes the transaction costs that are directly attributable to acquiring that financial asset on the date the Company commits to acquiring it, whereas the transaction costs for financial assets valued at fair value through profit or loss are expensed. The initial value of trade and other receivables that do not include a significant financial component is their transaction price.

After initial recognition, the Company measures its financial assets according to the Company's business model