Company: SQM
Filing Date: 2025-09-30
Form Type: 6-K
Source: 0000909037-25-000036
Chunk: 146

Company: CHEMICAL & MINING CO OF CHILE INC
Filing Date: 2025-09-30
Form: 6-K
Chunk 146
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6, 3.25 and 20.8. Notes to the Consolidated Interim Financial Statements June 30, 2025 121 Note 20 Disclosures on equity The detail and movements of equity accounts are shown in the consolidated statement of changes in equity. 20.1 Capital management The main object of capital management relative to the administration of the Company’s financial debt and equity is to ensure the regular conduct of operations and business continuity in the long term, with the constant intention of maintaining an adequate level of liquidity and in compliance with the financial safeguards established in the debt contracts in force. Within this framework, decisions are made in order to maximize the value of the company. Capital management must comply with, among others, the limits contemplated in the Financing Policy approved by the Shareholders’ Meeting, which establishes a maximum consolidated indebtedness level of 1 times the debt-to- equity ratio. This limit can be exceeded only if the Company’s management has first obtained express approval at an Extraordinary Shareholders’ Meeting. The Company’s controls over capital management are based on the following ratios: Capital Management As of June 30, 2025 As of December 31, 2024 Description (1) Calculation (1) Net Financial Debt/cash (ThUS$) 2,434,654 2,303,673 Financial Debt – Financial Resources Other current Financial Liabilities + Other Non-Current Financial Liabilities – Cash and Cash Equivalents – Other Current Financial Assets – Hedging Assets, non- current Liquidity 2.92 2.51 Current Assets divided by Current Liabilities Total Current Assets / Total Current Liabilities ROE 8.97 % (7.65) % Net income for the year divided by Total Equity Net income for the year / Equity Adjusted EBITDA (ThUS$) 667,472 1,483,571 Adjusted EBITDA EBITDA – Other income – Other gains (losses) - Share of Profit of associates and joint ventures accounted for using the equity method + Other expenses by function + Net impairment gains on reversal (losses) of financial assets – Finance income – Currency differences, EBITDA (ThUS$) 658,088 1,514,382 EBITDA Net income + Depreciation and Amortization Expense adjustments + Finance Costs + Income Tax ROA 10.93% 13.60% Adjusted EBITDA – Depreciation divided by Total Assets net of financial resources less related parties’