EX-99.2 3 exhibit992_reconciliation.htm EX-99.2 Document

Exhibit 99.2
Consolidated Interim Statements of Income (Unaudited)
Consolidated Interim Statements of Income Note*For the period from January to June of the year as reported to the CMFMining tax adjustmentFor the period from January to June of the year as filed with this Form 6-K

For the period from April to June of the year
20242023202420232024202320242023
ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$
Revenue
21.1
2,378,1344,315,591--2,378,1344,315,5911,293,6172,051,741
Cost of sales
21.2
(1,625,659)(2,394,904)--(1,625,659)(2,394,904)(909,671)(1,196,653)
Gross profit752,4751,920,687--752,4751,920,687383,946855,088
Other income
21.3
2,56532,188--2,56532,1881,27414,527
Administrative expenses
21.4
(83,662)(86,631)--(83,662)(86,631)(45,341)(45,158)
Other expenses
21.5
(43,113)(21,982)--(43,113)(21,982)(26,912)(6,024)
Impairment of financial assets and reversal of impairment losses
21.7
1,481(1,620)--1,481(1,620)905(643)
Others (losses) gains
21.6
(2,145)1,288--(2,145)1,288(108)1,575
Income from operating activities627,6011,843,930--627,6011,843,930313,764819,365
Finance income21.1048,54851,651--48,54851,65122,22820,957
Finance costs 15-21.9(101,282)(59,320)--(101,282)(59,320)(54,443)(31,972)
Share of profit (loss) from associates and joint ventures accounted for using the equity method
7.1-8.36,902(2,669)--6,902(2,669)2,346(3,094)
Foreign currency translation differences 235,6061,977--5,6061,9773,304(3,125)
Income before taxes587,3751,835,569--587,3751,835,569287,199802,131
Income tax expense
25.3
(1,241,235)(503,265)1,089,476-(151,759)(503,265)(72,392)(221,365)
(Losses) Net Income (653,860)1,332,304--435,6161,332,304214,807580,766
(Losses) Net income attributable to: 
Net income attributable to owners of the parent  (655,918)1,330,1221,089,476-433,5581,330,122213,590580,227
Net Income attributable to non-controlling interests  2,0582,182--2,0582,1821,217539
  (653,860)1,332,3041,089,476-435,6161,332,304214,807580,766
Earnings (loss) per shareNote*For the period from January to June of the year as reported to the CMFMining tax adjustmentFor the period from January to June of the year as filed with this Form 6-KFor the period from April to June of the year
20242023202420232024202320242023
Basic earnings (loss) per share (US$ per share)3.26(2.2963)4.65673.8142-1.51794.65670.74782.0313
Diluted earnings (loss) per share (US$ per share)3.26(2.2963)4.65673.8142-1.51794.65670.74782.0313
*See the notes to the Company’s 2024 Interim Financial Statements included as Exhibit 99.1 to this report on Form 6-K.




Consolidated Interim Statements of Comprehensive Income (Unaudited)
Consolidated Interim Statements of Comprehensive IncomeFor the period from January to June of the year as reported to the CMFMining tax adjustmentFor the period from January to June of the year as filed with this Form 6-K
For the period from April to
June
 of the year
20242023202420232024202320242023
ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$
Net income (653,860)1,332,3041,089,476-435,6161,332,304214,807580,766
Items of other comprehensive income (loss) that will not be reclassified to income for the year, before taxes   
Gains (losses) from measurements of defined benefit plans 6,074(10,507)--6,074(10,507)1,130(8,783)
(Losses) gains from financial assets measured at fair value through other comprehensive income (810)(968)--(810)(968)11,264651
Total other comprehensive income (losses) that will not be reclassified to income for the year, before taxes 5,264(11,475)--5,264(11,475)12,394(8,132)
Items of other comprehensive income (loss) that will be reclassified to income for the year, before taxes   
Foreign currency exchange, (losses) gains (1,074)1,868--(1,074)1,868(438)1,217
Cash flow hedges- effective portion of changes in fair value 6,65681,133--6,65681,1333,20832,795
Cash flow hedges-reclassified to income for the period(2,294)(62,739)--(2,294)(62,739)1,914(27,157)
Total other comprehensive income that will be reclassified to income for the year 3,28820,262--3,28820,2624,6846,855
Total other comprehensive income, before taxes 8,5528,787--8,5528,78717,078(1,277)
Income taxes related to items of other comprehensive income (loss) that will not be reclassified to profit for the year    
Income tax (expense) benefit related to measurement of defined benefit pension plans through other comprehensive income (1,613)3,135--(1,613)3,135(266)2,430
Income tax (expense) benefit relating to gains (losses) on financial assets measured irrevocably at fair value through other comprehensive income (1,554)261--(1,554)261(1,647)(176)
Total income tax relating to components of other comprehensive income (loss) that will be not reclassified to profit for the year (3,167)3,396--(3,167)3,396(1,913)2,254
Income taxes relating to components of other comprehensive income (loss) that will be reclassified to profit for the year    
Income tax expense related to income from cash flow hedges (1,178)(4,966)--(1,178)(4,966)(1,383)(1,522)
Total income tax (expense) benefit relating to components of other comprehensive income that will be reclassified to profit for the year (1,178)(4,966)--(1,178)(4,966)(1,383)(1,522)
     
Total other comprehensive income (loss), net of tax 4,2077,217--4,2077,21713,782(545)
Total comprehensive income (649,653)1,339,5211,089,476-439,8231,339,521228,589580,221
Comprehensive income (loss) attributable to    
Comprehensive income (loss) attributable to owners of the parent (651,841)1,337,494--437,6351,337,494227,421579,658
Comprehensive income attributable to non-controlling interest 2,1882,027--2,1882,0271,168563
  (649,653)1,339,5211,089,476-439,8231,339,521228,589580,221



Consolidated Interim Statements of Changes in Equity (Unaudited), as reported to the CMF
Consolidated Interim Statements of Changes in EquityShare capital Foreign currency translation reserves Hedge reserves Gains and losses from financial assets reserveActuarial gains and losses from defined benefit plans reserveAccumulated other comprehensive incomeOther miscellaneous reserves
Total
reserves
Retained earnings Equity attributable to owners of the Parent Non-controlling interests Total Equity
ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$
Equity at January 1, 2024 as reported to the CMF1,577,643(4,921)(930)122,294(13,454)102,98911,881114,8703,838,1625,530,67536,2305,566,905
Net profit--------(655,918)(655,918)2,058(653,860)
Other comprehensive income-(1,179)3,184(2,364)4,4364,077-4,077-4,0771304,207
Comprehensive income-(1,179)3,184(2,364)4,4364,077-4,077(655,918)(651,841)2,188(649,653)
Equity instruments irrevocably recognized in other comprehensive income (loss)---(128,793)---(128,793)186,80958,016-58,016
Dividends---------—(467)(467)
Capital decrease(20)-----2020-—--
Other increases in equity-1,603--- (1,532)71-71-71
Total changes in equity(20)4243,184(131,157)4,4364,077(1,512)(124,625)(469,109)(593,754)1,721(592,033)
Equity as of June 30, 2024 as reported to CMF1,577,623(4,497)2,254(8,863)(9,018)107,06610,369(9,755)3,369,0534,936,92137,9514,974,872

Consolidated Interim Statements of Changes in Equity (Unaudited), Mining tax adjustment
Consolidated Interim Statements of Changes in EquityShare capital Foreign currency translation reserves Hedge reserves Gains and losses from financial assets reserveActuarial gains and losses from defined benefit plans reserveAccumulated other comprehensive incomeOther miscellaneous reserves
Total
reserves
Retained earnings Equity attributable to owners of the Parent Non-controlling interests Total Equity
ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$
Equity at January 1, 2024, mining tax adjustment--------(1,089,476)(1,089,476)-(1,089,476)
Net profit--------1,089,4761,089,476-1,089,476
Other comprehensive income------------
Comprehensive income--------1,089,4761,089,476-1,089,476
Equity instruments irrevocably recognized in other comprehensive income (loss)------------
Dividends------------
Capital decrease------------
Other increases in equity------------
Total changes in equity--------1,089,4761,089,476-1,089,476
Equity as of June 30, 2024, mining tax adjustment------------





Consolidated Interim Statements of Changes in Equity (Unaudited), as filed with this Form 6-K
Consolidated Interim Statements of Changes in EquityShare capital Foreign currency translation reserves Hedge reserves Gains and losses from financial assets reserveActuarial gains and losses from defined benefit plans reserveAccumulated other comprehensive incomeOther miscellaneous reserves
Total
reserves
Retained earnings Equity attributable to owners of the Parent Non-controlling interests Total Equity
ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$ThUS$
Equity at January 1, 2024 as filed with this Form 6-K1,577,643(4,921)(930)122,294(13,454)102,98911,881114,8702,748,6864,441,19936,2304,477,429
Net profit--------433,558433,5582,058435,616
Other comprehensive income-(1,179)3,184(2,364)4,4364,077-4,077-4,0771304,207
Comprehensive income-(1,179)3,184(2,364)4,4364,077-4,077433,558437,6352,188439,823
Equity instruments irrevocably recognized in other comprehensive income (loss)---(128,793)---(128,793)186,80958,016-58,016
Dividends----------(467)(467)
Capital decrease(20)-----2020----
Other increases in equity-1,603--- (1,532)71-71-71
Total changes in equity(20)4243,184(131,157)4,4364,077(1,512)(124,625)620,367495,7221,721497,443
Equity as of June 30, 2024 as filed with this Form 6-K1,577,623(4,497)2,254(8,863)(9,018)107,06610,369(9,755)3,369,0534,936,92137,9514,974,872