Company: SCCO
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001558370-25-009879
Chunk: 4

Company: SOUTHERN COPPER CORP/
Filing Date: 2025-07-31
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 ​Six Months Ended ​​​June 30, ​June 30, ​​​2025​2024    2025    2024​​​(in millions, except for per share amounts) ​Net sales (including sales to related parties, see note 5) ​$ 3,051.0​$ 3,118.3​$ 6,172.9​$ 5,718.1​Operating cost and expenses:​​​​​​​​​​​​​Cost of sales (exclusive of depreciation, amortization and depletion shown separately below)​  1,211.7​  1,248.9​  2,530.9​  2,406.5​Selling, general and administrative​  32.5​  33.9​  64.1​  64.8​Depreciation, amortization and depletion​  206.2​  209.6​  430.0​  418.6​Exploration​  13.7​  18.6​  25.4​  31.2​Total operating costs and expenses​  1,464.0​  1,511.0​  3,050.4​  2,921.1​​​​​​​​​​​​​​​Operating income​  1,587.0​  1,607.3​  3,122.5​  2,797.0​​​​​​​​​​​​​​​Interest expense​  (105.6)​  (94.1)​  (207.9)​  (188.3)​Capitalized interest​  11.6​  10.8​  22.0​  24.5​Interest income​  53.1​  26.5​  101.8​  53.8​Other income (expense)​  (2.3)​  (19.9)​  (16.0)​  (0.9)​Income before income