Company: SQM
Filing Date: 2025-09-30
Form Type: 6-K
Source: 0000909037-25-000036
Chunk: 91

Company: CHEMICAL & MINING CO OF CHILE INC
Filing Date: 2025-09-30
Form: 6-K
Chunk 91
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2024 ThUS$ ThUS$ Financial assets at amortized cost (1) 665,471 1,061,262 Derivative financial instruments - For hedging 181 15,405 - Non-hedging (2) 1,565 2,928 Total other current financial assets 667,217 1,079,595 Financial assets at fair value through other comprehensive income (3) (4) (5) (6) 50,751 57,756 Derivative financial instruments - For hedging 11,471 2,930 Other financial assets at amortized cost 20 20 Total other non-current financial assets 62,242 60,706 Institution As of June 30, 2025 As of December 31, 2024 ThUS$ ThUS$ Banco de Crédito e Inversiones 90,330 174,684 Banco Santander 234,554 415,851 Banco Itaú CorpBanca 72,368 66,166 Banco de Crédito e inversiones Miami 131,833 - Scotiabank Chile 95,638 240,164 Santander US 40,748 - Bank of Nova Scotia - 51,025 KBC Bank - 22,397 Banco Estado - 90,975 Total 665,471 1,061,262 (1) Corresponds to term deposits whose maturity date is greater than 90 days and less than 360 days from the investment date constituted in the aforementioned financial institutions. (2) Correspond to forwards and options that were not classified as hedging instruments (See detail in Note 13.3). (3) During the first quarter of 2023, the Company made an investment of ThUS$30,701 to acquire a 19.99% interest in Azure Minerals Limited (a company listed on the Australian Stock Exchange). On May 9, 2024, the Company acquired an additional share in this entity, reaching a 50% ownership stake (for more details, see Note 9.4, section (a)). Consequently, this investment was reclassified under the joint ventures category. At the time of reclassification, the cumulative valuation recorded in the reserve for gains and losses on financial assets was transferred to retained earnings, totaling ThU$186,809. This amount reflects the total change in the fair value assessment from the initial acquisition of 19.99% to reaching the 50% ownership stake. (4) In the