Southern Copper Corporation (SCCO) financial statements (2021 and earlier)

Company profile

Business Address 1440 E. MISSOURI AVENUE
PHOENIX, AZ 85014
State of Incorp. DE
Fiscal Year End December 31
SIC 10 - Metal Mining (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,0061,0581,0555978787031,881
Cash and cash equivalents1,9258451,0055462753641,673
Short-term investments812145151604339208
Receivables863924917615464573571
Inventory, net of allowances, customer advances and progress billings1,0691,0331,0421,010857836694
Inventory1,0691,0331,0421,010857836694
Prepaid expense1728786249166  
Prepaid expense and other current assets159
Other current assets2629113728190 
Other undisclosed current assets4949605791188111
Total current assets:4,1853,1803,1702,5662,4842,4903,416
Noncurrent Assets
Operating lease, right-of-use asset1,046
Property, plant and equipment9,3719,4049,1008,7678,2637,4366,476
Long-term investments and receivables17110410088187228218
Long-term investments11210410088766757
Due from related parties60   111161161
Intangible assets, net (including goodwill), including:148148153154155110110
Goodwill42424242411717
Intangible assets, net (excluding goodwill)312526281149393
Other undisclosed intangible assets, net (including goodwill)76818584 (0)0
Deferred income tax assets184
Other noncurrent assets7171116126137221 
Prepaid expense and other noncurrent assets199
Other undisclosed noncurrent assets1,2301,5781,1421,5341,3671,067790
Total noncurrent assets:12,22311,30510,61010,66810,1099,0627,794
TOTAL ASSETS:16,40714,48513,78013,23412,59311,55211,210
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities811990970855773701501
Accounts payable598673660584647550501
Taxes payable1162332261853980 
Interest and dividends payable968484868771 
Debt468    200 
Due to related parties86759062696928
Deferred tax liabilities    13 
Other liabilities23202119223920
Other undisclosed current liabilities89131876356129235
Total current liabilities:1,4771,2161,1689999201,151784
Noncurrent Liabilities
Long-term debt and lease obligation7,5195,9605,9575,9545,9524,0064,205
Long-term debt, excluding current maturities6,5415,9605,9575,9545,9524,0064,205
Operating lease, liability978
Liabilities, other than long-term debt554696505410422558660
Asset retirement obligations262218223217191116125
Deferred tax liabilities, net20339163196386245
Deferred income tax liabilities178
Liability for uncertainty in income taxes1207207   214
Other liabilities113683731355776
Total noncurrent liabilities:8,0736,6566,4626,3646,3744,5644,865
Total liabilities:9,5497,8727,6317,3637,2945,7155,649
Stockholders' equity
Stockholders' equity attributable to parent6,8106,5676,1085,8325,2635,8045,534
Common stock9999999
Treasury stock, value(3,049)(3,020)(3,001)(2,988)(2,909)(1,901)(1,217)
Additional paid in capital3,4253,3943,3733,3583,3503,3453,340
Accumulated other comprehensive income (loss)(10)(2)1(2)156
Retained earnings6,4366,1875,7265,4554,8124,3473,395
Stockholders' equity attributable to noncontrolling interest48454239363228
Total stockholders' equity:6,8586,6136,1495,8715,2995,8375,562
TOTAL LIABILITIES AND EQUITY:16,40714,48513,78013,23412,59311,55211,210

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues7,2867,0976,6555,3805,0465,7885,953
Revenue, net6,6555,3805,0465,7885,953
Cost of revenue(3,606)(3,409)(3,253)(3,034)(2,928)(2,841)(2,871)
Other undisclosed gross profit(764)(674)(671)(647)(511)(445)(396)
Gross profit:2,9153,0132,7311,6991,6082,5022,686
Operating expenses(162)(132)(83)(94)(144)(210)(115)
Other undisclosed operating loss  (29)(40)(49)(60)(39)
Operating income:2,7532,8812,6191,5641,4142,2332,532
Nonoperating income (expense)14(15)(10)(18)(14)3137
Investment income, nonoperating211667111720
Foreign currency transaction gain, before tax     54 
Other nonoperating income (expense)(7)(31)(16)(25)(25)(41)17
Interest and debt expense     (1) 
Other undisclosed loss from continuing operations before equity method investments, income taxes(341)(277)(306)(291)(211)(194)(197)
Income from continuing operations before equity method investments, income taxes:2,4272,5892,3031,2561,1892,0692,373
Income from equity method investments11122324   
Income from continuing operations before income taxes:2,4372,6022,3261,2801,1892,0692,373
Income tax expense(945)(1,054)(1,593)(501)(465)(755)(769)
Income before gain (loss) on sale of properties:1,4921,5487327797241,3141,603
Other undisclosed net income    172421
Net income:1,4921,5487327797411,3381,624
Net loss attributable to noncontrolling interest(6)(5)(4)(2)(5)(5)(6)
Net income available to common stockholders, diluted:1,4861,5437297777361,3331,619

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:1,4921,5487327797411,3381,624
Other comprehensive income (loss)(8)(3)3(4)(4)(1)2
Comprehensive income:1,4841,5457357757371,3371,626
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(6)(5)(4)(2)(5)(5)6
Other undisclosed comprehensive loss, net of tax, attributable to parent      (11)
Comprehensive income, net of tax, attributable to parent:1,4781,5407317737331,3321,621

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: