Company: SQM
Filing Date: 2025-04-03
Form Type: 6-K
Source: 0000909037-25-000010
Chunk: 90

Company: CHEMICAL & MINING CO OF CHILE INC
Filing Date: 2025-04-03
Form: 6-K
Chunk 90
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262 1,316,797 Derivative financial instruments - For hedging 15,405 8,527 - Non-hedging (2) 2,928 519 Total other current financial assets 1,079,595 1,325,843 Financial assets at fair value through other comprehensive income (4) (5) (6) (7) 57,756 232,268 Derivative financial instruments - For hedging 2,930 15,993 Other financial assets at amortized cost 20 20 Total other non-current financial assets 60,706 248,281 Institution As of December 31, 2024 As of December 31, 2023 ThUS$ ThUS$ Banco de Crédito e Inversiones 174,684 74,459 Banco Morgan Stanley (3) - 5,590 Banco Santander 415,851 100,083 Banco Itaú CorpBanca 66,166 372,061 Scotiabank Chile 240,164 319,128 Bank of Nova Scotia 51,025 353,592 Sumitomo Mitsui Banking - 91,884 KBC Bank 22,397 - Banco Estado 90,975 - Total 1,061,262 1,316,797 (1) Corresponds to term deposits whose maturity date is greater than 90 days and less than 360 days from the investment date constituted in the aforementioned financial institutions. (2) Correspond to forwards and options that were not classified as hedging instruments (See detail in Note 13.3). (3) As of December 31, 2024, there are no collateral guarantees. As of December 31, 2023, collateral guarantees were recorded for an amount of MUS$5,590 (4) During the first quarter of 2023, the Company made an investment of ThUS$13,480 to acquire a 19.99% interest in Azure Minerals Limited (a company listed on the Australian Stock Exchange). In the third and fourth quarters, the Company made additional investments of ThUS$12,904 and ThUS$4,317, respectively, to maintain its percentage of ownership. On May 9, 2024, the Company acquired an additional share in this entity, reaching a 50% ownership stake (for more details, see Note 9.4, section (a)). Consequently, this investment was reclassified under the joint ventures category. At the time of