2013 Q2 Form 10-Q Financial Statement

#000110465913035267 Filed on April 30, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2013 Q1 2012 Q1
Revenue $1.410B $1.623B $1.806B
YoY Change -15.04% -10.13% 12.73%
Cost Of Revenue $711.2M $722.7M $721.9M
YoY Change 6.49% 0.11% -2.03%
Gross Profit $604.4M $805.7M $1.007B
YoY Change -33.84% -20.0% 26.76%
Gross Profit Margin 42.86% 49.64% 55.77%
Selling, General & Admin $27.45M $25.37M $25.43M
YoY Change 8.24% -0.22% 3.38%
% of Gross Profit 4.54% 3.15% 2.53%
Research & Development $11.70M $10.30M $8.700M
YoY Change -7.14% 18.39% 20.83%
% of Gross Profit 1.94% 1.28% 0.86%
Depreciation & Amortization $93.52M $90.57M $76.94M
YoY Change 19.24% 17.71% 8.99%
% of Gross Profit 15.47% 11.24% 7.64%
Operating Expenses $27.45M $25.37M $25.43M
YoY Change 8.24% -0.22% -75.17%
Operating Profit $566.4M $774.0M $972.9M
YoY Change -35.32% -20.45% 27.56%
Interest Expense -$46.50M -$47.10M -$34.60M
YoY Change 103.95% 36.13% -21.18%
% of Operating Profit -8.21% -6.09% -3.56%
Other Income/Expense, Net $16.94M $848.0K $7.235M
YoY Change -7.58% -88.28% -1305.83%
Pretax Income $536.8M $727.7M $939.7M
YoY Change -37.09% -22.55% 30.84%
Income Tax $167.9M $238.9M $318.8M
% Of Pretax Income 31.27% 32.82% 33.93%
Net Earnings $374.1M $497.0M $623.6M
YoY Change -33.82% -20.3% 29.89%
Net Earnings / Revenue 26.53% 30.62% 34.53%
Basic Earnings Per Share
Diluted Earnings Per Share $441.1K $585.9K $731.1K
COMMON SHARES
Basic Shares Outstanding 845.6M shares 845.6M shares 850.0M shares
Diluted Shares Outstanding 850.0M shares

Balance Sheet

Concept 2013 Q2 2013 Q1 2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.333B $2.667B $1.745B
YoY Change 60.56% 52.84% -20.46%
Cash & Equivalents $1.940B $2.462B $1.518B
Short-Term Investments $393.0M $204.0M $227.0M
Other Short-Term Assets $213.8M $180.2M $228.0M
YoY Change 158.9% -20.96% 32.56%
Inventory $683.0M $692.4M $609.0M
Prepaid Expenses
Receivables $470.8M $566.8M $713.0M
Other Receivables $100.0M $105.0M $112.0M
Total Short-Term Assets $3.875B $4.360B $3.407B
YoY Change 26.15% 27.98% -7.14%
LONG-TERM ASSETS
Property, Plant & Equipment $5.636B $5.349B $4.496B
YoY Change 20.79% 18.98% 9.79%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $296.0M $278.4M $481.0M
YoY Change 59.85% -42.12% 93.17%
Total Long-Term Assets $6.779B $6.202B $5.087B
YoY Change 27.88% 21.92% 14.16%
TOTAL ASSETS
Total Short-Term Assets $3.875B $4.360B $3.407B
Total Long-Term Assets $6.779B $6.202B $5.087B
Total Assets $10.65B $10.56B $8.494B
YoY Change 27.24% 24.35% 4.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $452.7M $518.5M $439.0M
YoY Change 17.64% 18.12% -26.34%
Accrued Expenses $207.0M $357.0M $312.0M
YoY Change -15.16% 14.42% 22.83%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $5.000M $10.00M $10.00M
YoY Change -50.0% 0.0% 0.0%
Total Short-Term Liabilities $664.2M $921.6M $958.0M
YoY Change -12.41% -3.79% -10.05%
LONG-TERM LIABILITIES
Long-Term Debt $4.204B $4.204B $2.736B
YoY Change 53.95% 53.66% -0.33%
Other Long-Term Liabilities $67.43M $65.46M $174.0M
YoY Change 44.33% -62.38% -18.31%
Total Long-Term Liabilities $4.766B $4.772B $2.910B
YoY Change 56.85% 63.98% -1.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $664.2M $921.6M $958.0M
Total Long-Term Liabilities $4.766B $4.772B $2.910B
Total Liabilities $5.430B $5.694B $4.022B
YoY Change 43.01% 41.56% -3.83%
SHAREHOLDERS EQUITY
Retained Earnings $2.846B $2.643B
YoY Change -31.09%
Common Stock $3.342B $3.343B
YoY Change 177.4%
Preferred Stock
YoY Change
Treasury Stock (at cost) $994.0M $931.2M $760.1M
YoY Change 25.95% 22.51%
Treasury Stock Shares
Shareholders Equity $5.198B $5.058B $4.472B
YoY Change
Total Liabilities & Shareholders Equity $10.65B $10.78B $8.494B
YoY Change 27.24% 26.88% 4.54%

Cashflow Statement

Concept 2013 Q2 2013 Q1 2012 Q1
OPERATING ACTIVITIES
Net Income $374.1M $497.0M $623.6M
YoY Change -33.82% -20.3% 29.89%
Depreciation, Depletion And Amortization $93.52M $90.57M $76.94M
YoY Change 19.24% 17.71% 8.99%
Cash From Operating Activities $302.4M $594.5M $720.4M
YoY Change -19.81% -17.48% 39.86%
INVESTING ACTIVITIES
Capital Expenditures $385.5M $316.8M $177.4M
YoY Change 67.37% 78.56% -343.04%
Acquisitions
YoY Change
Other Investing Activities -$185.0M -$59.40M $294.8M
YoY Change 50.28% -120.15% -289.95%
Cash From Investing Activities -$570.4M -$376.2M $117.4M
YoY Change 61.4% -420.44% -151.45%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $64.56M
YoY Change 94.55%
Debt Paid & Issued, Net $5.000M
YoY Change 0.0%
Cash From Financing Activities -238.6M -203.1M -160.1M
YoY Change -51.25% 26.86% -68.09%
NET CHANGE
Cash From Operating Activities 302.4M 594.5M 720.4M
Cash From Investing Activities -570.4M -376.2M 117.4M
Cash From Financing Activities -238.6M -203.1M -160.1M
Net Change In Cash -506.6M 15.20M 677.7M
YoY Change 8.78% -97.76% -415.5%
FREE CASH FLOW
Cash From Operating Activities $302.4M $594.5M $720.4M
Capital Expenditures $385.5M $316.8M $177.4M
Free Cash Flow -$83.05M $277.7M $543.0M
YoY Change -156.58% -48.86% -7.67%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2013Q1 us-gaap Long Term Debt
LongTermDebt
4214100000 USD
CY2013Q1 us-gaap Nature Of Operations
NatureOfOperations
<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="MARGIN: 0in 0in 0pt;"><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;" size="2">NOTE 1 &#8212; DESCRIPTION OF THE BUSINESS:</font></b></p> <p style="MARGIN: 0in 0in 0pt;">&#160;</p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;" size="2">In the opinion of Southern Copper Corporation, (the &#8220;Company&#8221; or &#8220;SCC&#8221;), the accompanying unaudited condensed consolidated financial statements contain all adjustments (consisting only of normal recurring adjustments) necessary to state fairly the Company&#8217;s financial position as of March&#160;31, 2013 and the results of operations, comprehensive income and cash flows for the three months ended March&#160;31, 2013 and 2012.&#160; The results of operations for the three months ended March&#160;31, 2013 are not necessarily indicative of the results to be expected for the full year.&#160; The December&#160;31, 2012 balance sheet data was derived from audited financial statements, but does not include all disclosures required by generally accepted accounting principles in the United States of America (&#8220;GAAP&#8221;).&#160; The accompanying condensed consolidated financial statements should be read in conjunction with the consolidated financial statements at December&#160;31, 2012 and notes included in the Company&#8217;s 2012 annual report on Form&#160;10-K.</font></p> </div>
CY2013Q1 us-gaap Trading Securities Debt Current
TradingSecuritiesDebtCurrent
198000000 USD
CY2012Q4 us-gaap Trading Securities Debt Current
TradingSecuritiesDebtCurrent
127800000 USD
CY2013Q1 scco Trading Securities Weighted Average Interest Rate
TradingSecuritiesWeightedAverageInterestRate
0.0143 pure
CY2012 scco Trading Securities Weighted Average Interest Rate
TradingSecuritiesWeightedAverageInterestRate
0.0187 pure
CY2013Q1 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
6500000 USD
CY2012Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
118200000 USD
CY2013Q1 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
-1800000 USD
CY2012Q4 us-gaap Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
6500000 USD
CY2013Q1 scco Available For Sale Securities Weighted Average Interest Rate
AvailableForSaleSecuritiesWeightedAverageInterestRate
0.0044 pure
CY2012 scco Available For Sale Securities Weighted Average Interest Rate
AvailableForSaleSecuritiesWeightedAverageInterestRate
0.0043 pure
CY2013Q1 us-gaap Short Term Investments
ShortTermInvestments
204488000 USD
CY2012Q1 us-gaap Trading Securities Unrealized Holding Loss
TradingSecuritiesUnrealizedHoldingLoss
5000000 USD
CY2012Q1 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
-800000 USD
CY2012Q4 us-gaap Short Term Investments
ShortTermInvestments
134298000 USD
CY2013Q1 us-gaap Interest And Dividend Income Securities Trading Or Measured At Fair Value
InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue
600000 USD
CY2012Q1 us-gaap Interest And Dividend Income Securities Trading Or Measured At Fair Value
InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue
800000 USD
CY2013Q1 us-gaap Trading Securities Unrealized Holding Loss
TradingSecuritiesUnrealizedHoldingLoss
1100000 USD
CY2012Q1 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
300000 USD
CY2013Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
93500000 USD
CY2012Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
101100000 USD
CY2013Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
303600000 USD
CY2012Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
297400000 USD
CY2013Q1 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
295300000 USD
CY2012Q4 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
284200000 USD
CY2013Q1 us-gaap Inventory Net
InventoryNet
692369000 USD
CY2012Q4 us-gaap Inventory Net
InventoryNet
682749000 USD
CY2013Q1 us-gaap Inventory Ore Stockpiles On Leach Pads
InventoryOreStockpilesOnLeachPads
284290000 USD
CY2012Q4 us-gaap Inventory Ore Stockpiles On Leach Pads
InventoryOreStockpilesOnLeachPads
262795000 USD
CY2013Q1 scco Inventory Ore Stockpiles On Leach Pads Capitalized Costs
InventoryOreStockpilesOnLeachPadsCapitalizedCosts
68200000 USD
CY2012Q1 scco Inventory Ore Stockpiles On Leach Pads Capitalized Costs
InventoryOreStockpilesOnLeachPadsCapitalizedCosts
52700000 USD
CY2013Q1 scco Inventory Ore Stockpiles On Leach Pads Recognized As Cost Of Sales
InventoryOreStockpilesOnLeachPadsRecognizedAsCostOfSales
26700000 USD
CY2012Q1 scco Inventory Ore Stockpiles On Leach Pads Recognized As Cost Of Sales
InventoryOreStockpilesOnLeachPadsRecognizedAsCostOfSales
18400000 USD
CY2013Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.325 pure
CY2012Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.339 pure
CY2013Q1 scco Asset Retirement Obligation Period After Which First Review Is Required
AssetRetirementObligationPeriodAfterWhichFirstReviewIsRequired
P3Y
CY2013Q1 scco Asset Retirement Obligation Period After Which Successive Reviews Are Required
AssetRetirementObligationPeriodAfterWhichSuccessiveReviewsAreRequired
P5Y
CY2013Q1 us-gaap Property Plant And Equipment Fair Value Disclosure
PropertyPlantAndEquipmentFairValueDisclosure
17000000 USD
CY2013Q1 scco Asset Retirement Obligation Annual Guarantees
AssetRetirementObligationAnnualGuarantees
10500000 USD
CY2013Q1 scco Asset Retirement Obligation Units Number
AssetRetirementObligationUnitsNumber
3 item
CY2011Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
62000000 USD
CY2012Q1 us-gaap Asset Retirement Obligation
AssetRetirementObligation
62800000 USD
CY2013Q1 us-gaap Asset Retirement Obligation
AssetRetirementObligation
120000000 USD
CY2013Q1 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
8163000 USD
CY2013Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1641000 USD
CY2012Q4 us-gaap Long Term Debt
LongTermDebt
4213900000 USD
CY2012Q4 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
25740000 USD
CY2013Q1 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
34165000 USD
CY2012Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
20300000 USD
CY2013Q1 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
4100000 USD
CY2013Q1 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
54000000 USD
CY2012Q1 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
26000000 USD
CY2013Q1 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
36608000 USD
CY2012Q1 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
10972000 USD
CY2013Q1 scco Defined Benefit Plan Number Of Peruvian Noncontributory Plans
DefinedBenefitPlanNumberOfPeruvianNoncontributoryPlans
2 plan
CY2013Q1 us-gaap Environmental Costs Recognized Capitalized In Period
EnvironmentalCostsRecognizedCapitalizedInPeriod
11200000 USD
CY2012Q1 us-gaap Environmental Costs Recognized Capitalized In Period
EnvironmentalCostsRecognizedCapitalizedInPeriod
9400000 USD
CY2012Q1 scco Number Of Strikes During Period
NumberOfStrikesDuringPeriod
0 item
CY1997 scco Power Purchase Agreement Term
PowerPurchaseAgreementTerm
P20Y
CY2013Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2013Q1 us-gaap Revenues
Revenues
1623000000 USD
CY2013Q1 us-gaap Cost Of Revenue
CostOfRevenue
726682000 USD
CY2013Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
25374000 USD
CY2013Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
90572000 USD
CY2013Q1 us-gaap Exploration Expense Mining
ExplorationExpenseMining
10324000 USD
CY2013Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
770050000 USD
CY2013Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-47100000 USD
CY2013Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
848000 USD
CY2013Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
495392000 USD
CY2013Q1 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
316800000 USD
CY2013Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5349196000 USD
CY2013Q1 us-gaap Assets
Assets
10776869000 USD
CY2012Q1 us-gaap Revenues
Revenues
1805900000 USD
CY2012Q1 us-gaap Cost Of Revenue
CostOfRevenue
721927000 USD
CY2012Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
25431000 USD
CY2012Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
76944000 USD
CY2012Q1 us-gaap Exploration Expense Mining
ExplorationExpenseMining
8725000 USD
CY2012Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
972909000 USD
CY2012Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-40500000 USD
CY2012Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
7235000 USD
CY2012Q1 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
2654000 USD
CY2012Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2132000 USD
CY2012Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
621430000 USD
CY2012Q1 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
177400000 USD
CY2012Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4495900000 USD
CY2012Q1 us-gaap Assets
Assets
8493900000 USD
CY2013Q1 us-gaap Treasury Stock Value
TreasuryStockValue
931224000 USD
CY2012Q1 us-gaap Treasury Stock Value
TreasuryStockValue
760100000 USD
CY2012Q4 us-gaap Minority Interest
MinorityInterest
23960000 USD
CY2013Q1 us-gaap Minority Interest
MinorityInterest
25061000 USD
CY2011Q4 us-gaap Minority Interest
MinorityInterest
21000000 USD
CY2012Q1 us-gaap Minority Interest
MinorityInterest
22600000 USD
CY2013Q1 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
472000 USD
CY2012Q1 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
472000 USD
CY2012Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
103193000 USD
CY2013Q1 us-gaap Other Assets Current
OtherAssetsCurrent
180217000 USD
CY2013Q1 us-gaap Assets Current
AssetsCurrent
4360234000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2459488000 USD
CY2012Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
669333000 USD
CY2012Q4 us-gaap Other Receivables
OtherReceivables
82636000 USD
CY2013Q1 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
4654400000 USD
CY2012Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
4870600000 USD
CY2013Q1 dei Entity Registrant Name
EntityRegistrantName
SOUTHERN COPPER CORP/
CY2013Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001001838
CY2013Q1 dei Document Type
DocumentType
10-Q
CY2013Q1 dei Document Period End Date
DocumentPeriodEndDate
2013-03-31
CY2013Q1 dei Amendment Flag
AmendmentFlag
false
CY2013Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2013Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2013Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2013Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
845550550 shares
CY2013Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
CY2013Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2013Q1 us-gaap Revenue Mineral Sales
RevenueMineralSales
1623002000 USD
CY2012Q1 us-gaap Revenue Mineral Sales
RevenueMineralSales
1805936000 USD
CY2013Q1 us-gaap Costs And Expenses
CostsAndExpenses
852952000 USD
CY2012Q1 us-gaap Costs And Expenses
CostsAndExpenses
833027000 USD
CY2013Q1 us-gaap Interest Costs Incurred
InterestCostsIncurred
65290000 USD
CY2013Q1 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
-12239000 USD
CY2013Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
5969000 USD
CY2013Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
723816000 USD
CY2012Q1 us-gaap Interest Costs Incurred
InterestCostsIncurred
47175000 USD
CY2012Q1 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
-2861000 USD
CY2012Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
3847000 USD
CY2012Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
939677000 USD
CY2013Q1 us-gaap Profit Loss
ProfitLoss
497033000 USD
CY2012Q1 us-gaap Profit Loss
ProfitLoss
623562000 USD
CY2013Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.59
CY2012Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.73
CY2013Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.24
CY2012Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.54
CY2012Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-5447000 USD
CY2013Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
497033000 USD
CY2012Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
618115000 USD
CY2013Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1641000 USD
CY2013Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
495392000 USD
CY2012Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
2154000 USD
CY2012Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
615961000 USD
CY2013Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2462350000 USD
CY2013Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
566756000 USD
CY2013Q1 us-gaap Other Receivables
OtherReceivables
105549000 USD
CY2013Q1 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
148505000 USD
CY2012Q4 us-gaap Other Assets Current
OtherAssetsCurrent
156262000 USD
CY2012Q4 us-gaap Assets Current
AssetsCurrent
4287959000 USD
CY2013Q1 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
108806000 USD
CY2013Q1 us-gaap Due From Related Parties Noncurrent
DueFromRelatedPartiesNoncurrent
173377000 USD
CY2013Q1 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
222553000 USD
CY2013Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
278413000 USD
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5156731000 USD
CY2012Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
109300000 USD
CY2012Q4 us-gaap Due From Related Parties Noncurrent
DueFromRelatedPartiesNoncurrent
183950000 USD
CY2012Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
205939000 USD
CY2012Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
177075000 USD
CY2012Q4 us-gaap Assets
Assets
10383749000 USD
CY2013Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
10000000 USD
CY2013Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
518543000 USD
CY2013Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
35851000 USD
CY2013Q1 scco Accrued Workers Participation
AccruedWorkersParticipation
232176000 USD
CY2013Q1 us-gaap Interest Payable Current
InterestPayableCurrent
91177000 USD
CY2013Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
33898000 USD
CY2013Q1 us-gaap Liabilities Current
LiabilitiesCurrent
921645000 USD
CY2012Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
10000000 USD
CY2012Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
475566000 USD
CY2012Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
12198000 USD
CY2012Q4 scco Accrued Workers Participation
AccruedWorkersParticipation
266571000 USD
CY2012Q4 us-gaap Interest Payable Current
InterestPayableCurrent
70582000 USD
CY2012Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
22218000 USD
CY2012Q4 us-gaap Liabilities Current
LiabilitiesCurrent
857135000 USD
CY2013Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4204121000 USD
CY2013Q1 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
167382000 USD
CY2013Q1 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
214934000 USD
CY2013Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
65459000 USD
CY2013Q1 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
120005000 USD
CY2013Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
4771901000 USD
CY2012Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
4203863000 USD
CY2012Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
141426000 USD
CY2012Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
214934000 USD
CY2012Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
59065000 USD
CY2012Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
118226000 USD
CY2012Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
4737514000 USD
CY2013Q1 us-gaap Common Stock Value
CommonStockValue
8846000 USD
CY2013Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
3334024000 USD
CY2013Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2642584000 USD
CY2013Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
4032000 USD
CY2013Q1 us-gaap Stockholders Equity
StockholdersEquity
5058262000 USD
CY2013Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5083323000 USD
CY2013Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
10776869000 USD
CY2012Q4 us-gaap Common Stock Value
CommonStockValue
8846000 USD
CY2012Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
3320927000 USD
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2350126000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
4032000 USD
CY2012Q4 us-gaap Treasury Stock Value
TreasuryStockValue
918791000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
4765140000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4789100000 USD
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
10383749000 USD
CY2013Q1 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
4113000 USD
CY2012Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
20310000 USD
CY2013Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2012Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2013Q1 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
8163000 USD
CY2013Q1 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-13894000 USD
CY2013Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-5745000 USD
CY2013Q1 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
1438000 USD
CY2012Q1 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-7531000 USD
CY2012Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-12509000 USD
CY2012Q1 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
5835000 USD
CY2013Q1 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-79664000 USD
CY2013Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
31115000 USD
CY2013Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
64510000 USD
CY2013Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
104740000 USD
CY2012Q1 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
-59047000 USD
CY2012Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-11812000 USD
CY2012Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-34855000 USD
CY2012Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
2636000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
594472000 USD
CY2012Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
720407000 USD
CY2013Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
316798000 USD
CY2013Q1 us-gaap Proceeds From Collection Of Longterm Loans To Related Parties
ProceedsFromCollectionOfLongtermLoansToRelatedParties
10573000 USD
CY2013Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
224000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-376191000 USD
CY2012Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
177417000 USD
CY2012Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
98000 USD
CY2012Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
117375000 USD
CY2013Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
202932000 USD
CY2013Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
258000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-203146000 USD
CY2012Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
159811000 USD
CY2012Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
153000 USD
CY2012Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-160130000 USD
CY2013Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
-12273000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
2862000 USD
CY2012Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
-7589000 USD
CY2012Q1 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
670063000 USD
CY2011 scco Number Of Strikes During Period
NumberOfStrikesDuringPeriod
0 item
CY2010 scco Number Of Strikes During Period
NumberOfStrikesDuringPeriod
0 item
CY2013Q1 scco Number Of Strikes During Period
NumberOfStrikesDuringPeriod
0 item
CY2013Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
845551000 shares
CY2012Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
849978000 shares
CY2012Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
3459000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
848118000 USD
CY2012Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1518181000 USD

Files In Submission

Name View Source Status
0001104659-13-035267-index-headers.html Edgar Link pending
0001104659-13-035267-index.html Edgar Link pending
0001104659-13-035267.txt Edgar Link pending
0001104659-13-035267-xbrl.zip Edgar Link pending
a13-7952_110q.htm Edgar Link pending
a13-7952_1ex15.htm Edgar Link pending
a13-7952_1ex31d1.htm Edgar Link pending
a13-7952_1ex31d2.htm Edgar Link pending
a13-7952_1ex32d1.htm Edgar Link pending
a13-7952_1ex32d2.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
scco-20130331.xml Edgar Link completed
scco-20130331.xsd Edgar Link pending
scco-20130331_cal.xml Edgar Link unprocessable
scco-20130331_def.xml Edgar Link unprocessable
scco-20130331_lab.xml Edgar Link unprocessable
scco-20130331_pre.xml Edgar Link unprocessable
Show.js Edgar Link pending