Company: SQM
Filing Date: 2025-12-15
Form Type: 6-K
Source: 0000909037-25-000048
Chunk: 97

Company: CHEMICAL & MINING CO OF CHILE INC
Filing Date: 2025-12-15
Form: 6-K
Chunk 97
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ging 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 Derivative contract maturities are detailed as follows: Series Contract amount Currency Maturity date ThUS$ O 58,748 UF 02-01-2030 P 134,228 UF 01-15-2028 Q 123,370 UF 06-01-2030 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. 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 Interim Financial Statements September 30, 2025 80 13.4 Financial liabilities Other current and non-current financial liabilities As of September 30, 2025, and December 31, 2024, the detail is as follows: Other current and non-current financial liabilities As of September 30, 2025 As of December 31, 2024 Currents Non-Current Total Currents Non-Current Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Liabilities at amortized cost Bank borrowings 831,861 293,051 1,124,912 847,963 129,683 977,646 Unsecured obligations 47,112 3,460,754 3,507,866 307,771 3,449,459 3,757,230 Derivative financial instruments For hedging 6,515 8,838 15,353 7,316 21,440 28,756 Non-hedging 1