Company: SQM
Filing Date: 2025-04-03
Form Type: 6-K
Source: 0000909037-25-000010
Chunk: 96

Company: CHEMICAL & MINING CO OF CHILE INC
Filing Date: 2025-04-03
Form: 6-K
Chunk 96
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 Hedges are documented and qualitatively assessed to demonstrate their effectiveness based on a comparison of their critical terms. The hedges used by the Company as of the reporting date are highly effective given that the amounts, currencies, exchange dates and rates of the hedged item and the hedge are aligned, maintaining a close economic relationship.

Notes to the Consolidated Financial Statements December 31, 2024 79 13.4 Financial liabilities Other current and non-current financial liabilities As of December 31, 2024 and 2023, the detail is as follows: Other current and non-current financial liabilities As of December 31, 2024 As of December 31, 2023 Currents Non-Current Total Currents Non-Current Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Liabilities at amortized cost Bank borrowings 847,963 129,683 977,646 1,164,262 295,518 1,459,780 Unsecured obligations 307,771 3,449,459 3,757,230 46,999 2,909,485 2,956,484 Derivative financial instruments For hedging 7,316 21,440 28,756 30,443 8,419 38,862 Non-hedging 418 - 418 14,795 - 14,795 Total 1,163,468 3,600,582 4,764,050 1,256,499 3,213,422 4,469,921

Notes to the Consolidated Financial Statements December 31, 2024 80 a) Bank borrowings, current: As of December 31, 2024 the detail of this caption is as follows: Debtor Creditor Currency Payment of interest Repayment Effective rate Nominal rate Tax ID No. Company Country Tax ID No. Financial institution Country 93.007.000-9 SQM S.A. Chile O-E Bank of Nova Scotia United States of America Dollar Upon maturity 06/20/2025 5.93% 4.28% 93.007.000-9 SQM S.A. Chile O-E Banco Santander/Kexim Spain/South Korea Dollar Upon maturity 06/23/2025 4.73% 4.28% 93.007.000-9 SQM S.A. Chile O-E Banco Santander/Kexim Spain