Equity accounted investees

Construction,

Sociedad

Compañía

Uchucchacu

development and

Energy

Holding of

Minera

Tinka

Total

Adjustment

Colquijirca

 

Tambomayo

 

Orcopampa

 

Julcani

 

a/ Yumpag

La Zanja

exploration

generation and

investment

Industrial

Other

Cerro Verde

Coimolache

Resources

operating

and

 

(Operation)

 

(Operation)

 

(Operation)

 

(Operation)

 

(Operation)

 

(Operation)

 

mining projects

 

transmission

 

Trading

 

shares

 

activities

 

segments

 

S.A.A

 

S.A.

 

Ltd.

 

segments

 

eliminations

 

Total

US$(000)

Year 2025

Results:

Continuing operations

Operating income

Sales of goods

532,908

113,790

201,917

92,662

596,655

70,080

—

100,409

—

81,107

—

4,728,340

245,238

—

6,763,106

(5,042,772)

1,720,334

Sales of services

—

39,207

—

232

11,454

—

50,893

(39,588)

11,305

Total operating income

532,908

113,790

201,917

92,662

596,655

70,080

—

39,207

100,409

232

92,561

—

4,728,340

245,238

—

6,813,999

(5,082,360)

1,731,639

Operating costs

Cost of sales of goods, excluding depreciation and amortization

(264,840)

(74,082)

(82,604)

(41,118)

(154,197)

(35,417)

64

—

(97,281)

—

(77,069)

—

(3,003,338)

(85,471)

—

(3,915,353)

3,164,368

(750,985)

Unabsorbed cost due to production stoppage

(2,968)

—

(2,683)

—

(5,651)

2,683

(2,968)

Cost of sales of services, excluding depreciation and amortization

—

(17,299)

—

(9,522)

—

(26,821)

22,122

(4,699)

Depreciation and amortization

(47,372)

(26,052)

(10,510)

(15,988)

(16,061)

(2,538)

(64)

(7,458)

—

(3,217)

—

(11,651)

—

(140,911)

20,773

(120,138)

Exploration in operating units

(11,160)

(6,099)

(6,724)

(9,415)

(18,574)

(13)

—

(5,449)

—

(57,434)

5,528

(51,906)

Mining royalties

(1,201)

(58)

(16,795)

(63)

(432)

(67)

—

(18,616)

64

(18,552)

Total operating costs

(327,541)

(106,291)

(116,633)

(66,584)

(189,264)

(38,035)

—

(24,757)

(97,281)

—

(92,491)

—

(3,003,338)

(102,571)

—

(4,164,786)

3,215,538

(949,248)

Gross profit (loss)

205,367

7,499

85,284

26,078

407,391

32,045

—

14,450

3,128

232

70

—

1,725,002

142,667

—

2,649,213

(1,866,822)

782,391

Operating expenses, net

Administrative expenses

(9,944)

(3,363)

(5,832)

(2,556)

(16,457)

(1,927)

(1,559)

(2,368)

(30)

(448)

(1,002)

(24,725)

—

(4,576)

(770)

(75,557)

5,344

(70,213)

Selling expenses

(9,494)

(1,248)

(727)

(1,595)

(13,402)

(138)

—

(641)

—

(1,418)

—

(128,103)

(1,127)

—

(157,893)

129,231

(28,662)

Exploration in non-operating areas

(11,958)

(533)

—

(277)

(3,216)

(1,220)

—

(7,576)

—

(24,780)

14

(24,766)

Reversal (provision) of contingencies and others

940

21

(286)

(322)

548

22

63

(239)

—

(1,479)

—

(732)

—

(732)

Other, net

(7,602)

(6,290)

(2,759)

(1,805)

(4,731)

(1,084)

(1,518)

620

—

678

(1,497)

6,563

393,430

(291)

14

373,728

(398,540)

(24,812)

Total operating expenses, net

(38,058)

(11,413)

(9,604)

(6,278)

(34,319)

(6,343)

(4,234)

(2,628)

(30)

230

(3,917)

(27,217)

265,327

(5,994)

(756)

114,766

(263,951)

(149,185)

Operating income (loss)

167,309

(3,914)

75,680

19,800

373,072

25,702

(4,234)

11,822

3,098

462

(3,847)

(27,217)

1,990,329

136,673

(756)

2,763,979

(2,130,773)

633,206

Share in the results of associates and joint venture

255

—

8,489

—

70,431

—

404,778

—

483,953

(176,033)

307,920

Net gain (loss) from currency exchange difference

(533)

(844)

(1,479)

(1,218)

(3,391)

774

129

567

1

(830)

539

71,250

72,439

2,714

16

140,134

(75,167)

64,967

Finance income

4,606

8

9

27

607

70

1,424

119

423

288

40,757

32,567

9,074

11

89,999

(41,653)

48,346

Finance costs

(4,660)

(492)

(1,451)

(985)

(823)

(2,337)

(1,505)

(3,536)

(5)

(4)

(1,710)

(69,621)

—

(3,380)

—

(90,509)

3,380

(87,129)

Profit (loss) before income tax

166,977

(5,242)

72,759

17,606

368,885

24,746

(5,540)

18,766

3,213

70,482

(4,730)

419,947

2,095,335

145,081

(729)

3,387,556

(2,420,246)

967,310

Current income tax

(42,140)

(3,062)

(5,673)

(2,413)

(14,708)

(4,240)

—

(3,403)

(53)

(66)

—

(44,575)

(528,930)

(41,272)

—

(690,535)

570,201

(120,334)

Deferred income tax

(125)

—

1,453

—

2,117

—

(5,698)

(5,615)

(199,276)

2,781

—

(204,363)

196,496

(7,867)

Total income tax

(42,265)

(3,062)

(5,673)

(2,413)

(14,708)

(2,787)

—

(1,286)

(53)

(66)

(5,698)

(50,190)

(728,206)

(38,491)

—

(894,898)

766,697

(128,201)

Profit (loss) from continuing operations

124,712

(8,304)

67,086

15,193

354,177

21,959

(5,540)

17,480

3,160

70,416

(10,428)

369,757

1,367,129

106,590

(729)

2,492,658

(1,653,549)

839,109

Discontinued operations

—

(8,921)

Profit for the year

—

830,188

Total assets

821,145

84,011

59,920

62,079

403,792

83,628

1,150,035

384,686

39,077

313,330

72,588

3,478,866

9,224,620

534,174

55,342

16,767,293

(10,744,457)

6,022,836

Total liabilities

305,602

38,721

74,854

55,651

93,740

79,872

164,310

102,622

35,918

514

18,171

794,264

1,623,615

198,798

252

3,586,904

(1,831,533)

1,755,371

Other segment information

Investment in associates and joint venture

—

1,738,408

—

1,738,408

—

1,738,408

Additions of property, plant and equipment

60,117

3,157

4,607

3,399

41,390

5,634

375,346

767

—

1,503

232

—

496,152

—

496,152