v3.25.1
Consolidated statements of profit or loss - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Continuing operations      
Sales of goods $ 1,147,590,000 $ 810,961,000 $ 801,199,000
Sales of services 7,015,000 12,884,000 22,222,000
Royalty income 0 0 1,381,000
Total operating income 1,154,605,000 823,845,000 824,802,000
Cost of sales      
Cost of sales of goods, excluding depreciation and amortization (568,482,000) (457,354,000) (461,942,000)
Unabsorbed cost due to production stoppage (2,135,000) (19,893,000) (23,058,000)
Cost of sales of services, excluding depreciation and amortization (3,050,000) (6,243,000) (3,163,000)
Depreciation and amortization (150,821,000) (181,039,000) (176,781,000)
Exploration in operating units (50,884,000) (49,229,000) (80,796,000)
Mining royalties (19,946,000) (18,839,000) (17,733,000)
Total cost of sales (795,318,000) (732,597,000) (763,473,000)
Gross profit 359,287,000 91,248,000 61,329,000
Operating income (expenses)      
Administrative expenses (61,340,000) (69,183,000) (67,728,000)
Selling expenses (25,768,000) (19,392,000) (20,222,000)
Exploration in non-operating areas (21,860,000) (13,452,000) (14,252,000)
Reversal (provision) of contingencies and others (596,000) 6,927,000 (2,935,000)
Impairment recovery (loss) of long-lived assets 0 0 19,874,000
Other, net 195,932,000 24,973,000 (15,085,000)
Total operating income (expenses) 86,368,000 (70,127,000) (100,348,000)
Operating Profit (loss) 445,655,000 21,121,000 (39,019,000)
Other income (expense), net      
Share in the results of associates and joint venture 189,847,000 152,225,000 176,270,000
Foreign currency exchange difference (9,184,000) 19,375,000 26,871,000
Finance income 12,528,000 9,057,000 14,443,000
Finance costs (65,397,000) (119,254,000) (54,136,000)
Profit before income tax 573,449,000 82,524,000 124,429,000
Income tax      
Current income tax (103,116,000) (69,306,000) (15,633,000)
Deferred income tax (53,048,000) 26,312,000 15,592,000
Total income tax (156,164,000) (42,994,000) (41,000)
Profit from continuing operations 417,285,000 39,530,000 124,388,000
Discontinued operations      
(Loss) profit from discontinued operations (1,022,000) (6,848,000) 478,547,000
Net Profit 416,263,000 32,682,000 602,935,000
Profit attributable to:      
Owners of the parent 402,689,000 19,855,000 602,550,000
Non-controlling interest 13,574,000 12,827,000 385,000
Net Profit $ 416,263,000 $ 32,682,000 $ 602,935,000
Basic profit (loss) per share, stated in U.S. dollars - Attributable to owners of parent $ 1.59 $ 0.08 $ 2.372
Diluted profit (loss) per share, stated in U.S. dollars - Attributable to owners of parent 1.59 0.08 2.372
Basic profit (loss) per share, stated in U.S. dollars - Attributable to owners of the parent for continuing operations 1.64 0.16 0.49
Diluted profit (loss) per share, stated in U.S. dollars - Attributable to owners of the parent for continuing operations 1.64 0.16 0.49
Basic profit (loss) per share, stated in U.S. dollars - Attributable to owners of the parent for discontinued operations 0 (0.03) 1.88
Diluted profit (loss) per share, stated in U.S. dollars - Attributable to owners of the parent for discontinued operations $ 0.00 $ (0.03) $ 1.88
Sociedad Minera Cerro Verde S.A.A      
Continuing operations      
Sales of goods $ 4,238,322,000 $ 4,143,228,000 $ 3,975,295,000
Cost of sales      
Cost of sales of goods, excluding depreciation and amortization (2,588,779,000) (2,563,519,000) (2,374,138,000)
Gross profit 1,649,543,000 1,579,709,000 1,601,157,000
Operating income (expenses)      
Selling expenses (145,771,000) (158,244,000) (157,373,000)
Other operating expenses (23,688,000) (91,219,000) (24,212,000)
Other operating income 5,414,000 3,406,000 279,000
Total operating income (expenses) (164,045,000) (246,057,000) (181,306,000)
Operating Profit (loss) 1,485,498,000 1,333,652,000 1,419,851,000
Other income (expense), net      
Foreign currency exchange difference 1,162,000 20,476,000 980,000
Finance income 40,623,000 36,285,000 12,314,000
Finance costs (9,552,000) (67,118,000) (5,616,000)
Profit before income tax 1,517,731,000 1,323,295,000 1,427,529,000
Income tax      
Total income tax (564,554,000) (544,331,000) (502,176,000)
Discontinued operations      
Net Profit 953,177,000 778,964,000 925,353,000
Profit attributable to:      
Net Profit $ 953,177,000 $ 778,964,000 $ 925,353,000
Basic profit (loss) per share, stated in U.S. dollars - Attributable to owners of parent $ 2.723 $ 2.225 $ 2.643
Diluted profit (loss) per share, stated in U.S. dollars - Attributable to owners of parent $ 2.225 $ 2.225 $ 2.643