Company: SQM
Filing Date: 2025-04-03
Form Type: 6-K
Source: 0000909037-25-000010
Chunk: 95

Company: CHEMICAL & MINING CO OF CHILE INC
Filing Date: 2025-04-03
Form: 6-K
Chunk 95
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 ThUS$16,440 and its interest payable. Santander Bank paid the company ThUS$17,320.

Notes to the Consolidated Financial Statements December 31, 2024 78 (*) The balances in the “Total Realized” column consider the effects of the contracts in effect from January 1 to December 31, 2024, and from January 1 to December 31, 2023. Reconciliation of asset and liability hedging derivatives As of December 31, 2023 Cash flow Profit (loss) Equity and other As of December 31, 2024 Debt hedging derivatives 2,520 6,298 (47,238) 12,594 (25,826) Investment hedging derivatives (18,300) (4,368) 37,938 135 15.405 Hedging derivatives – cash requirements for Australia’s business 1,437 - - (1,437) - Non-hedging derivatives (14,275) (345) 17,130 - 2,510 Reconciliation of asset and liability hedging derivatives As of December 31, 2022 Cash flow Profit (loss) Equity and other As of December 31, 2023 Debt hedging derivatives (10,061) (14,850) 6,631 20,800 2,520 Investment hedging derivatives (29,984) (10,082) 18,171 3,595 (18,300) Hedging derivatives – cash requirements for Australia’s business 7,139 1,183 (1,183) (5,702) 1,437 Non-hedging derivatives (1,642) (18,034) 5,401 - (14,275) Derivative contract maturities are detailed as follows: Series Contract amount Currency Maturity date ThUS$ H 84,662 UF 01/05/2025 O 58,748 UF 02/01/2030 P 134,228 UF 01/15/2028 Q 123,370 UF 01/06/2030 Effectiveness The Company uses CCS, Forwards and IRS to hedge the potential financial risk associated with exchange rate and interest rate volatility. The objective is to hedge the exchange rate and inflation financial risks associated with bond obligations, exchange rate financial risks associated with investments in Chilean pesos, exchange rate financial risk associated with projects under construction in Australian dollars and interest rate financial risk associated with bank loans.