​

  ​ ​ ​

2025

  ​ ​ ​

2024

  ​ ​ ​

2023

​

​

US$(000)

​

US$(000)

​

US$(000)

​

​

​

​

​

​

​

Net profit under IFRS accounting standards

1,367,129

953,177

778,964

Items increasing (decreasing) reported net profit:

​

​

​

​

​

​

Stripping activity asset, net of amortization, note 24(a)

(126,368)

(121,538)

(210,244)

Inventories valuation, note 24(b)

31,188

41,381

(12,728)

Remediation and mine closure, note, 24(e)

(1,059)

781

996

Deferred workers’ profit participation, note 24(c)

(43,923)

17,303

25,746

Lease activity

(40)

5

412

Deferred income tax, note 24(d)

31,945

16,887

71,534

Cloud expenses, note 24(h)

​

25,614

​

—

​

—

Mine equipment main components, note 24(f)

​

5,171

​

(9,750)

​

(8,824)

Water truck conversion 24(g)

​

(1,700)

​

(6,554)

​

348

Other

(2,986)

(3,061)

(3,441)

​

​

​

​

​

​

​

Net income under U.S. GAAP

1,284,971

888,631

642,763

​

  ​ ​ ​

2025

  ​ ​ ​

2024

  ​ ​ ​

2023

​

​

US$(000)

​

US$(000)

​

US$(000)

​

​

​

​

​

​

​

Shareholders’ equity under IFRS accounting standards

7,601,005

6,783,485

6,680,374

Items increasing (decreasing) reported shareholder’s equity:

​

​

​

Stripping activity asset, net of amortization, note 24(a)

(996,420)

(870,052)

(748,514)

Inventories valuation, note 24(b)

(182,773)

(213,962)

(255,343)

Remediation and mine closure, note 24(e)

(5,395)

(4,336)

(5,117)

Deferred workers’ profit participation, note 24(c)

(61,784)

(17,861)

(35,164)

Lease activity

6,001

6,041

6,036

Deferred income tax, note 24(d)

414,647

382,701

365,814

Cloud expenses, note 24(h)

​

25,614

​

—

​

—

Mine equipment main components, note 24(f)

​

(51,605)

​

(56,775)

​

(47,025)

Water truck conversion 24(g)

​

(15,675)

​

(13,975)

​

(7,421)

Stock-based compensation

​

(11,115)

​

(10,724)

​

(10,790)

Other

(11,341)

(8,354)

(5,293)

​

​

​

​

​

​

​

Shareholders’ equity under U.S. GAAP

6,711,159

5,976,188

5,937,557