Company: SCCO
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001104659-25-104914
Chunk: 4

Company: SOUTHERN COPPER CORP/
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 1C
Chunk 4
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Item 1.  Condensed Consolidated Financial Statements

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Southern Copper Corporation

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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS

(Unaudited)

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​​​​​​​​​​​​​​​    Three Months Ended ​Nine Months Ended ​​​September 30, ​September 30, ​​​2025​2024    2025    2024​​​(in millions, except for per share amounts) ​Net sales (including sales to related parties, see note 5) ​$ 3,377.3​$ 2,930.9​$ 9,550.2​$ 8,649.0​Operating cost and expenses:​​​​​​​​​​​​​Cost of sales (exclusive of depreciation, amortization and depletion shown separately below)​  1,356.8​  1,223.1​  3,887.7​  3,629.6​Selling, general and administrative​  33.7​  31.2​  97.9​  96.0​Depreciation, amortization and depletion​  207.8​  213.1​  637.7​  631.7​Exploration​  10.2​  13.2​  35.6​  44.4​Total operating costs and expenses​  1,608.5​  1,480.6​  4,658.9​  4,401.7​​​​​​​​​​​​​​​Operating income​  1,768.8​  1,450.3​  4,891.3​  4,247.3​​​​​​​​​​​​​​​Interest expense​  (104.3)​  (94.1)​  (312.3)​  (282.3)​Capitalized interest​  13.0​  11.0​  35.0​  35.5​Interest income​  47.9​  38.3​  149.7​  92.1​Other income (expense)​  (1.1)​  21.2​  (17.2)​  20.3​Income before income taxes​