Company: SQM
Filing Date: 2025-09-30
Form Type: 6-K
Source: 0000909037-25-000036
Chunk: 96

Company: CHEMICAL & MINING CO OF CHILE INC
Filing Date: 2025-09-30
Form: 6-K
Chunk 96
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 other As of June 30, 2025 Debt hedging derivatives (25,826) 3,346 30,307 (9,092) (1,265) Investment hedging derivatives 15,405 145 (26,035) 3,905 (6,580) Hedging derivatives – cash requirements for Australia’s business - - - - - Non-hedging derivatives 2,510 - (5,236) - (2,726) 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 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 June 30, 2025 80 13.4 Financial liabilities Other current and non-current financial liabilities As of June 30, 2025, and December 31, 2024, the detail is as follows: Other current and non-current financial liabilities As of June 30, 2025 As of December 31, 2024 Currents