Equity accounted investees

Construction,

Sociedad

Compañía

Uchucchacua

development and

Energy

Rental of

Holding of

Minera

Tinka

Total

Adjustments

/ Yumpag

Orcopampa

Julcani

Tambomayo

Colquijirca

La Zanja

exploration

generation and

mining

investment

Industrial

Other

Cerro Verde

Coimolache

Resources

operating

and

(Operation)

mining projects

transmission

concessions

shares

activities

segments

S.A.A

S.A.

Ltd.

segments

eliminations

Total

US$(000)

Year 2024

Results:

Continuing operations

Operating income

Sales of goods

326,390

169,527

47,658

122,403

437,897

38,657

—

43,589

—

4,238,322

119,527

—

5,543,970

(4,396,380)

1,147,590

Sales of services

—

50,003

—

474

19,055

—

69,532

(62,517)

7,015

Total operating income

326,390

169,527

47,658

122,403

437,897

38,657

—

50,003

—

474

62,644

—

4,238,322

119,527

—

5,613,502

(4,458,897)

1,154,605

Operating costs

Cost of sales of goods, excluding depreciation and amortization

(127,900)

(81,068)

(35,118)

(76,825)

(245,156)

(23,417)

86

—

(37,427)

33

(2,014,585)

(74,035)

—

(2,715,412)

2,146,930

(568,482)

Unabsorbed cost due to production stoppage

—

(2,135)

—

(2,135)

—

(2,135)

Cost of sales of services, excluding depreciation and amortization

—

(23,512)

—

(11,713)

—

(35,225)

32,175

(3,050)

Depreciation and amortization

(19,596)

(12,459)

(5,765)

(42,472)

(62,085)

(4,492)

(86)

(7,774)

—

(4,904)

—

(574,194)

(18,867)

—

(752,694)

601,873

(150,821)

Exploration in operating units

(16,070)

(7,460)

(11,691)

(5,223)

(9,445)

(320)

—

(9,527)

—

(59,736)

8,852

(50,884)

Mining royalties

(1,237)

(15,836)

(190)

(503)

(2,179)

(168)

—

(647)

—

(20,760)

814

(19,946)

Total operating costs

(164,803)

(116,823)

(52,764)

(125,023)

(321,000)

(28,397)

—

(31,286)

—

(54,044)

33

(2,588,779)

(103,076)

—

(3,585,962)

2,790,644

(795,318)

Gross profit (loss)

161,587

52,704

(5,106)

(2,620)

116,897

10,260

—

18,717

—

474

8,600

33

1,649,543

16,451

—

2,027,540

(1,668,253)

359,287

Operating expenses, net

Administrative expenses

(16,713)

(8,442)

(2,406)

(6,242)

(8,457)

(1,630)

(1,538)

(2,202)

(58)

(369)

(956)

(12,325)

—

(3,397)

(5,363)

(70,098)

8,758

(61,340)

Selling expenses

(7,346)

(630)

(942)

(2,923)

(12,503)

(97)

—

(706)

—

(622)

—

(145,771)

(720)

—

(172,260)

146,492

(25,768)

Exploration in non-operating areas

(1,871)

—

(414)

(9,391)

(4,007)

(1,090)

—

(5,167)

—

(21,940)

80

(21,860)

Reversal (provision) of contingencies and others

245

409

(38)

506

(1,656)

541

41

(102)

—

(543)

—

121

—

(476)

(120)

(596)

Other, net

(6,750)

277

(411)

(1,738)

(13,610)

(1,323)

2,305

(776)

7,159

139,431

352

65,932

(23,688)

98

—

167,258

28,674

195,932

Total operating expenses, net

(32,435)

(8,386)

(3,797)

(10,811)

(45,617)

(6,516)

(282)

(3,786)

7,101

139,062

(1,226)

47,897

(169,459)

(3,898)

(5,363)

(97,516)

183,884

86,368

Operating income (loss)

129,152

44,318

(8,903)

(13,431)

71,280

3,744

(282)

14,931

7,101

139,536

7,374

47,930

1,480,084

12,553

(5,363)

1,930,024

(1,484,369)

445,655

Share in the results of associates and joint venture

—

127

—

7,088

—

23,440

—

327,353

—

358,008

(168,161)

189,847

Foreign currency exchange difference

5

1

2

4,714

211

3

1,099

48

525

195

5,723

40,623

8,813

—

61,964

(71,148)

(9,184)

Finance income

(738)

(1,785)

(353)

(309)

(6,715)

(2,499)

(237)

(3,860)

(1)

(15)

(6)

(48,877)

(9,552)

(3,524)

—

(78,471)

90,999

12,528

Finance costs

827

622

462

(140)

(133)

(276)

41

(19)

91

(17)

(170)

(10,472)

—

(734)

—

(9,918)

(55,479)

(65,397)

Profit (loss) before income tax

129,246

43,156

(8,792)

(13,878)

69,273

1,180

(475)

19,239

7,239

163,469

7,393

321,657

1,511,155

17,108

(5,363)

2,261,607

(1,688,158)

573,449

Current income tax

(4,473)

(2,189)

(636)

(1,593)

(18,147)

(637)

—

(3,110)

(2,125)

(43,182)

(716)

(25,219)

(557,978)

(4,911)

—

(664,916)

561,800

(103,116)

Deferred income tax

—

(15,793)

(38)

—

(1,981)

—

(1,802)

(33,434)

—

(3,084)

—

(56,132)

3,084

(53,048)

Total income tax

(4,473)

(2,189)

(636)

(1,593)

(33,940)

(675)

—

(5,091)

(2,125)

(43,182)

(2,518)

(58,653)

(557,978)

(7,995)

—

(721,048)

564,884

(156,164)

Profit (loss) from continuing operations

124,773

40,967

(9,428)

(15,471)

35,333

505

(475)

14,148

5,114

120,287

4,875

263,004

953,177

9,113

(5,363)

1,540,559

(1,123,274)

417,285

Discontinued operations

—

(1,022)

Profit for the year

—

416,263

Total assets

258,017

39,093

28,822

106,634

683,780

42,203

1,018,559

240,566

1,394

33,858

79,127

2,509,638

8,034,461

384,635

52,097

13,512,884

(8,464,981)

5,047,903

Total liabilities

74,313

60,823

33,914

39,046

479,355

64,786

295,453

225,823

(8,765)

(108,872)

82,058

65,274

1,250,976

128,887

323

2,683,394

(1,195,192)

1,488,202

Other segment information

Investment in associates and joint venture

—

285,443

—

160,203

128,076

—

64,690

1,007

1,436,122

100,637

8,616

2,184,794

(636,402)

1,548,392

Additions of property, plant and equipment

29,727

2,427

1,874

1,444

24,916

98

291,101

—

26,651

—

378,238

—

378,238

Changes in estimates of mining closure

2,923

987

1,032

2,272

57,205

5,999

2,672

—

73,090

—

73,090