Cover Page
Cover Page | 12 Months Ended |
Dec. 31, 2021shares | |
Document Information [Line Items] | |
Document Type | 20-F |
Amendment Flag | false |
Document Period End Date | Dec. 31, 2021 |
Document Fiscal Year Focus | 2021 |
Document Fiscal Period Focus | FY |
Entity Registrant Name | CHEMICAL & MINING CO OF CHILE INC |
Entity Central Index Key | 0000909037 |
Current Fiscal Year End Date | --12-31 |
Entity File Number | 33-65728 |
Entity Well-known Seasoned Issuer | Yes |
Entity Voluntary Filers | No |
Entity Current Reporting Status | Yes |
Entity Interactive Data Current | Yes |
Entity Filer Category | Large Accelerated Filer |
Entity Emerging Growth Company | false |
Trading Symbol | SQM |
Entity Shell Company | false |
Title of 12(b) Security | Series B common shares, inthe form of AmericanDepositary Shares eachrepresenting one Series Bshare |
Security Exchange Name | NYSE |
Document Registration Statement | false |
Document Annual Report | true |
Document Transition Report | false |
Document Shell Company Report | false |
ICFR Auditor Attestation Flag | true |
Document Accounting Standard | International Financial Reporting Standards |
Entity Incorporation, State or Country Code | F3 |
Entity Address, Address Line One | El Trovador 4285 |
Entity Address, Address Line Two | 6th floor |
Entity Address, City or Town | Santiago |
Entity Address, Country | CL |
Entity Address, Postal Zip Code | 755000 |
Auditor Name | PricewaterhouseCoopers Consultores Auditores SpA |
Auditor Firm ID | 1364 |
Auditor Location | Santiago – Chile |
Series A Common Shares [member] | |
Document Information [Line Items] | |
Entity Common Stock, Shares Outstanding | 142,819,552 |
Series B Common Shares [member] | |
Document Information [Line Items] | |
Entity Common Stock, Shares Outstanding | 142,818,904 |
Business Contact [Member] | |
Document Information [Line Items] | |
Entity Address, Address Line One | El Trovador 4285 |
Entity Address, Address Line Two | 6th floor |
Entity Address, City or Town | Santiago |
Entity Address, Country | CL |
Entity Address, Postal Zip Code | 755000 |
City Area Code | 56 |
Local Phone Number | 2 2425-2485 |
Contact Personnel Name | Gerardo Illanes |
Contact Personnel Email Address | gerardo.illanes@sqm.com |
Consolidated Statements of Fina
Consolidated Statements of Financial Position - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 |
Current Assets | ||
Cash and cash equivalents | $ 1,515,051 | $ 509,102 |
Other current financial assets | 919,049 | 348,069 |
Other current non-financial assets | 69,870 | 57,399 |
Trade and other receivables, current | 654,073 | 365,206 |
Trade receivables due from related parties, current | 86,152 | 62,601 |
Current inventories | 1,183,776 | 1,093,028 |
Current tax assets | 157,542 | 132,224 |
Total current assets other than those classified as held for sale or disposal | 4,585,513 | 2,567,629 |
Non-current assets or groups of assets classified as held for sale | 582 | 1,629 |
Total non-current assets held for sale | 582 | 1,629 |
Total current assets | 4,586,095 | 2,569,258 |
Non-current assets | ||
Other non-current financial assets | 9,268 | 51,925 |
Other non-current non-financial assets | 33,487 | 22,042 |
Non-current trade receivables, | 6,172 | 11,165 |
Investments classified using the equity method of accounting | 39,824 | 85,993 |
Intangible assets other than goodwill | 179,658 | 178,407 |
Goodwill | 34,596 | 41,966 |
Property, plant and equipment net | 2,012,225 | 1,737,319 |
Right-of-use assets | 52,608 | 30,024 |
Non-current tax assets | 90,364 | 90,364 |
Total non-current assets | 2,458,202 | 2,249,205 |
Total assets | 7,044,297 | 4,818,463 |
Current liabilities | ||
Other current financial liabilities | 51,305 | 68,955 |
Lease liabilities, current | 7,704 | 5,528 |
Trade and other payables, current | 279,650 | 203,933 |
Trade payables due to related parties, current | 0 | 606 |
Other current provisions | 317,666 | 104,166 |
Current tax liabilities | 166,935 | 22,643 |
Provisions for employee benefits, current | 26,775 | 9,096 |
Other current non-financial liabilities | 141,674 | 60,955 |
Total current liabilities | 991,709 | 475,882 |
Non-current liabilities | ||
Other non-current financial liabilities | 2,587,732 | 1,899,513 |
Non-current lease liabilities | 46,519 | 25,546 |
Non-current trade and other payables | 3,813 | 4,027 |
Other non-current provisions | 61,038 | 62,617 |
Deferred tax liabilities | 110,416 | 156,101 |
Non-current provisions for employee benefits | 27,099 | 32,199 |
Total non-current liabilities | 2,836,617 | 2,180,003 |
Total liabilities | 3,828,326 | 2,655,885 |
Equity attributable to owners of the Parent | ||
Share capital | 1,577,643 | 477,386 |
Retained earnings | 1,648,032 | 1,638,267 |
Other reserves | (44,155) | 7,432 |
Equity attributable to owners of the Parent | 3,181,520 | 2,123,085 |
Non-controlling interests | 34,451 | 39,493 |
Total equity | 3,215,971 | 2,162,578 |
Total liabilities and equity | $ 7,044,297 | $ 4,818,463 |
Consolidated Statements of Inco
Consolidated Statements of Income - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Statement [Line Items] | |||
Revenue | $ 2,862,315 | $ 1,817,191 | $ 1,943,655 |
Cost of sales | (1,772,208) | (1,334,321) | (1,383,603) |
Gross profit | 1,090,107 | 482,870 | 560,052 |
Other income | 19,552 | 26,893 | 18,218 |
Administrative expenses | (118,893) | (107,017) | (117,180) |
Other expenses | (60,605) | (99,612) | (25,995) |
Impairment of financial assets and reversal of impairment losses | (235) | 4,684 | (1,057) |
Other losses | (2,638) | (5,313) | (383) |
Profit from operating activities | 927,288 | 302,505 | 433,655 |
Finance income | 4,668 | 13,715 | 26,289 |
Finance costs | (84,626) | (82,199) | (76,939) |
Share of profit of associates and joint ventures accounted for using the equity method | 11,132 | 8,940 | 9,786 |
Foreign currency translation differences | (17,241) | (4,423) | (2,169) |
Profit before taxes | 841,221 | 238,538 | 390,622 |
Income tax expense | (249,016) | (70,179) | (110,019) |
Net profit | 592,205 | 168,359 | 280,603 |
Profit attributable to: | |||
Profit attributable to Owners of the Parent | 585,454 | 164,518 | 278,115 |
Profit attributable to Non-controlling interests | 6,751 | 3,841 | 2,488 |
Net profit | $ 592,205 | $ 168,359 | $ 280,603 |
Earnings per share | |||
Basic earnings per share (US$ per share) | $ 0.6251 | $ 1.0567 | $ 1.6711 |
Diluted earnings per share (US$ per share) | $ 0.6251 | $ 1.0567 | $ 1.6711 |
Consolidated Statements of Comp
Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Statement [Line Items] | |||
Net profit | $ 592,205 | $ 168,359 | $ 280,603 |
Items of other comprehensive income that will not be reclassified to profit for the year, before taxes | |||
Gains from measurements of defined benefit plans | 4,679 | 974 | (3,310) |
(Losses) gains from financial assets measured irrevocably at fair value through other comprehensive income | (12,072) | 9,784 | 1,152 |
Total other comprehensive income that will not be reclassified to profit for the year, before taxes | (7,393) | 10,758 | (2,158) |
Items of other comprehensive income that will be reclassified to profit for the year, before taxes | |||
Foreign currency exchange gains | 4,240 | 14,000 | 787 |
(Losses) gains from cash flow hedges | (52,762) | (3,706) | 1,908 |
Total other comprehensive income that will be reclassified to profit for the year | (48,522) | 10,294 | 2,695 |
Other items of other comprehensive income, before taxes | (55,915) | 21,052 | 537 |
Income taxes related to items of other comprehensive income that will not be reclassified to profit for the year | |||
Income (tax) benefit relating to measurement of defined benefit pension plans through other comprehensive income | (142) | (145) | 702 |
Income benefit (tax) relating to (losses) gains on financial assets measured irrevocably at fair value through other comprehensive income | 3,818 | (2,642) | (311) |
Total income tax relating to components of other comprehensive income that will be not reclassified to profit for the year | 3,676 | (2,787) | 391 |
Income taxes relating to components of other comprehensive income that will be reclassified to profit for the year | |||
Income (tax) benefit (expense) related to (losses) gains from cash flow hedges | 14,246 | 1,001 | (2,683) |
Total income tax relating to components of other comprehensive income that will be reclassified to profit for the year | 14,246 | 1,001 | (2,683) |
Total other comprehensive income | (37,993) | 19,266 | (1,755) |
Total comprehensive income | 554,212 | 187,625 | 278,848 |
Comprehensive income attributable to | |||
Comprehensive income attributable to owners of the parent | 546,846 | 183,941 | 276,137 |
Comprehensive income attributable to non-controlling interest | 7,366 | 3,684 | 2,711 |
Total comprehensive income | $ 554,212 | $ 187,625 | $ 278,848 |
Consolidated Statements of Cash
Consolidated Statements of Cash Flows - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | ||
Classes of cash receipts from operating activities | ||||
Cash receipts from sales of goods and rendering of services | $ 2,705,250 | $ 1,940,720 | $ 2,044,746 | |
Cash receipts from premiums and benefits, annuities and other benefits from policies entered | 1,902 | 14,763 | 2,925 | |
Cash receipts derived from sub-leases | 443 | 188 | 361 | |
Classes of Payments | ||||
Cash payments to suppliers for the provision of goods and services | (1,713,922) | (1,520,209) | (1,479,986) | |
Cash payments relating to variable leases | (1,313) | (1,117) | (1,037) | |
Other payments related to operating activities | (16,726) | (87,278) | (25,218) | |
Net cash generated from operating activities | 975,634 | 347,067 | 541,791 | |
Dividends received | 11,663 | 5,387 | 14,449 | |
Interest paid | (82,816) | (81,567) | (70,963) | |
Interest paid on lease liabilities | (1,587) | (1,133) | (1,537) | |
Interest received | 2,747 | 17,046 | 25,809 | |
Income taxes paid | (142,730) | (200,624) | (173,319) | |
Other cash inflows | [1] | 59,609 | 96,058 | 90,741 |
Net cash generated from operating activities | 822,520 | 182,234 | 426,971 | |
Cash flows from (used in) investing activities | ||||
Proceeds from the sale of equity instruments | 16,413 | 0 | 0 | |
Cash flows arising from the loss/gain of control of subsidiaries and other businesses | 0 | 20,996 | 994 | |
Proceeds from the sale of property, plant and equipment | 672 | 1,680 | 487 | |
Other payments to acquire interest in joint ventures | 0 | (16,949) | (2,600) | |
Proceeds from the sale of joint ventures | 13,085 | 0 | 0 | |
Acquisition of property, plant and equipment | (464,718) | (322,242) | (321,324) | |
Proceeds from sales of intangible assets | 14,773 | 8,203 | 28,126 | |
Proceeds (payments) related to futures, forward options and swap contracts | 2,328 | (6,902) | 1,403 | |
Purchases of intangible assets | 0 | (579) | (2,492) | |
Loans from / to related parties | 13,086 | (15,000) | 0 | |
Purchase of other long-term assets | (8,071) | 0 | 0 | |
Other cash (outflows) inflows | [2] | (594,511) | 163,702 | (190,065) |
Cash flow used in investing activities | (1,006,943) | (167,091) | (485,471) | |
Cash flows generated from (used in) financing activities | ||||
Repayment of lease liabilities | (7,960) | (8,015) | (7,221) | |
Proceeds from long-term loans | 700,000 | 400,000 | 450,000 | |
Payment of borrowings | (14,110) | (264,122) | (7,096) | |
Paid Dividends | (571,702) | (221,995) | (329,787) | |
Capital stock increase | 1,100,257 | 0 | 0 | |
Net cash generated from financing activities | 1,206,485 | (94,132) | 105,896 | |
Net Increase in cash and cash equivalents before the effect of changes in the exchange rate | 1,022,062 | (78,989) | 47,396 | |
Effects of exchange rate fluctuations on cash and cash equivalents | (16,113) | (439) | (14,932) | |
Increase in cash and cash equivalents | 1,005,949 | (79,428) | 32,464 | |
Cash and cash equivalents at beginning of year | 509,102 | 588,530 | 556,066 | |
Cash and cash equivalents at end of year | $ 1,515,051 | $ 509,102 | $ 588,530 | |
[1] | Other inflows (outflows) of cash from operating activities include net increases (decreases) of value added tax, banking expenses, expenses associated with obtaining loans and taxes associated with interest payments. | |||
[2] | Other inflows (outflows) of cash include investments and redemptions of time deposits and other financial instruments that do not qualify as cash and cash equivalent in accordance with IAS 7, paragraph 7, since they mature in more than 90 days from the original investment date. |
Consolidated Statements of Chan
Consolidated Statements of Changes in Equity - USD ($) $ in Thousands | Total | Share capital [member] | Foreign currency translation reserves [member] | Hedge reserves [member] | Gains and losses from financial assets reserve [member] | Actuarial gains and losses from defined benefit plans reserve [member] | Other miscellaneous reserves [member] | Total reserves [member] | Retained earnings [member] | Equity attributable to owners of the Parent [member] | Non-controlling interests [member] | |
Equity at beginning of the year at Dec. 31, 2018 | $ 2,137,802 | $ 477,386 | $ (26,307) | $ 7,971 | $ (1,111) | $ (6,884) | $ 11,332 | $ (14,999) | $ 1,623,104 | $ 2,085,491 | $ 52,311 | |
Net profit | 280,603 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 278,115 | 278,115 | 2,488 | |
Other comprehensive income | (1,755) | 0 | 562 | (775) | 841 | (2,606) | 0 | (1,978) | 0 | (1,978) | 223 | |
Total comprehensive income | 278,848 | 0 | 562 | (775) | 841 | (2,606) | 0 | (1,978) | 278,115 | 276,137 | 2,711 | |
Dividends | [1] | (284,932) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (278,115) | (278,115) | (6,817) |
Other increases (decreases) in equity | 2,754 | 0 | 0 | 0 | 0 | 0 | 2,754 | 2,754 | 0 | 2,754 | 0 | |
Total changes in equity | (3,330) | 0 | 562 | (775) | 841 | (2,606) | 2,754 | 776 | 0 | 776 | (4,106) | |
Equity at end of the year at Dec. 31, 2019 | 2,134,472 | 477,386 | (25,745) | 7,196 | (270) | (9,490) | 14,086 | (14,223) | 1,623,104 | 2,086,267 | 48,205 | |
Net profit | 168,359 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 164,518 | 164,518 | 3,841 | |
Other comprehensive income | 19,266 | 0 | 14,176 | (2,705) | 7,142 | 810 | 0 | 19,423 | 0 | 19,423 | (157) | |
Total comprehensive income | 187,625 | 0 | 14,176 | (2,705) | 7,142 | 810 | 0 | 19,423 | 164,518 | 183,941 | 3,684 | |
Dividends | [1] | (159,473) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (149,355) | (149,355) | (10,118) |
Other increases (decreases) in equity | (46) | 0 | 0 | 0 | 0 | 0 | 2,232 | 2,232 | 0 | 2,232 | (2,278) | |
Total changes in equity | 28,106 | 0 | 14,176 | (2,705) | 7,142 | 810 | 2,232 | 21,655 | 15,163 | 36,818 | (8,712) | |
Equity at end of the year at Dec. 31, 2020 | 2,162,578 | 477,386 | (11,569) | 4,491 | 6,872 | (8,680) | 16,318 | 7,432 | 1,638,267 | 2,123,085 | 39,493 | |
Net profit | 592,205 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 585,454 | 585,454 | 6,751 | |
Other comprehensive income | (37,993) | 0 | 3,656 | (38,516) | (8,254) | 4,506 | 0 | (38,608) | 0 | (38,608) | 615 | |
Total comprehensive income | 554,212 | 0 | 3,656 | (38,516) | (8,254) | 4,506 | 0 | (38,608) | 585,454 | 546,846 | 7,366 | |
Sale of equity instruments irrevocably recognized in OCI | 0 | 0 | 0 | 0 | (9,764) | 0 | 0 | (9,764) | 9,764 | 0 | 0 | |
Dividends | [1] | (597,861) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (585,453) | (585,453) | (12,408) |
Capital stock increase | [2] | 1,100,257 | 1,100,257 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,100,257 | 0 |
Other increases (decreases) in equity | (3,215) | 0 | 0 | 0 | 0 | 0 | (3,215) | (3,215) | 0 | (3,215) | 0 | |
Total changes in equity | 1,053,393 | 1,100,257 | 3,656 | (38,516) | (18,018) | 4,506 | (3,215) | (51,587) | 9,765 | 1,058,435 | (5,042) | |
Equity at end of the year at Dec. 31, 2021 | $ 3,215,971 | $ 1,577,643 | $ (7,913) | $ (34,025) | $ (11,146) | $ (4,174) | $ 13,103 | $ (44,155) | $ 1,648,032 | $ 3,181,520 | $ 34,451 | |
[1] | See Note 19.7 | |||||||||||
[2] | See Note 1.7 |
Identification and Activities o
Identification and Activities of the Company and Subsidiaries | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure of Identification and Activities of the Company and Subsidiaries [Abstract] | |
Disclosure of Identification and Activities of the Company and Subsidiaries [Text Block] | N o Identification and Activities of the Company and Subsidiaries 1.1 H Sociedad Química y Minera de Chile S.A. is an open stock corporation founded under the laws of the Republic of Chile and its Chilean Tax Identification Number is 93.007.000-9. The Company was incorporated through a public deed dated June 17, 1968 by the public notary of Santiago Mr. Sergio Rodríguez Garcés. Its existence was approved by Decree No. 1,164 of June 22, 1968 of the Ministry of Finance, and it was registered on June 29, 1968 in the Registry of Commerce of Santiago, on page 4,537 No. 1,992. SQM’s headquarters are located at El Trovador 4285, Floor 6, Las Condes, Santiago, Chile, The Company's telephone number is +(56 2) 2425-2000. The Company is registered in the CMF under number 184 of March 18, 1983 and is therefore subject to oversight by that entity. 1.2 M The Company’s main domiciles are: Calle Dos Sur plot No. 5 - Antofagasta; Arturo Prat 1060 - Tocopilla; Administration Building w/n - Maria Elena; Administration Building w/n Pedro de Valdivia - María Elena, Anibal Pinto 3228 - Antofagasta, Kilometer 1378 Ruta 5 Norte Highway - Antofagasta, Coya Sur Plant w/n - Maria Elena, kilometer 1760 Ruta 5 Norte Highway - Pozo Almonte, Salar de Atacama (Atacama Saltpeter deposit) potassium chloride plant w/n - San Pedro de Atacama, potassium sulfate plant at Salar de Atacama w/n – San Pedro de Atacama, Minsal Mining Camp w/n CL Plant CL, Potassium– San Pedro de Atacama, formerly the Iris Saltpeter office w/n, Commune of Pozo Almonte, Iquique, Level 1, 225 Dt Georges Tce Perth WA 6000, Australia. 1.3 C The codes of the main activities as established by the CMF, as follows: · 1700 (Mining) · 2200 (Chemical products) · 1300 (Investment) 1.4 D The products of the Company are mainly derived from mineral deposits found in northern Chile where mining takes place and caliche and brine deposits are processed. (a) Specialty plant nutrition: Four main types of specialty plant nutrients are produced: potassium nitrate, sodium nitrate, sodium potassium nitrate and specialty blends. In addition, other specialty fertilizers are sold including third party products. (b) Iodine: The Company produces iodine and iodine derivatives, which are used in a wide range of medical, pharmaceutical, agricultural and industrial applications, including x-ray contrast media, polarizing films for LCD and LED, antiseptics, biocides and disinfectants, in the synthesis of pharmaceuticals, electronics, pigments and dye components. (c) Lithium: The Company produces lithium carbonate, which is used in a variety of applications, including electrochemical materials for batteries, frits for the ceramic and enamel industries, and it is an important ingredient in the manufacture of gunpowder, heat-resistant glass (ceramic glass), air conditioning chemicals, continuous casting powder for steel extrusion, primary aluminum smelting process, pharmaceuticals and lithium derivatives. We are also a leading supplier of lithium hydroxide, which is primarily used as an input for the lubricating greases industry and for certain cathodes for batteries. (d) Industrial chemicals: The Company produces three industrial chemicals: sodium nitrate, potassium nitrate and potassium chloride. Sodium nitrate is used primarily in the production of glass, explosives, and metal treatment. Potassium nitrate is used in the manufacturing of specialty glass, and it is also an important raw material to produce of frits for the ceramics and enamel industries. Solar salts, a combination of potassium nitrate and sodium nitrate, are used as a thermal storage medium in concentrated solar power plants. Potassium chloride is a basic chemical used to produce potassium hydroxide, and it is also used oil drilling, and to produce carrageenan. (e) Potassium: The Company produces potassium chloride and potassium sulfate from brines extracted from the Salar de Atacama. Potassium chloride is a commodity fertilizer used to fertilize a variety of crops including corn, rice, sugar, soybean and wheat. Potassium sulfate is a specialty fertilizer used mainly in crops such as vegetables, fruits and industrial crops. (f) Other products and services: The Company also sells other fertilizers and blends, some of which we do not produce, mainly potassium nitrate, potassium sulfate and potassium chloride. This business line also includes revenue from commodities, services, interests, royalties and dividends. 1.5 O (a) Employees As of December 31, 2021, and 2020, the workforce was as follows: As of December 31, 2021 As of December 31, 2020 Employees SQM S.A. Other Total SQM S.A. Other Total Executives 33 103 136 33 93 126 Professionals 117 1,639 1,756 108 1,696 1,804 Technicians and operators 275 3,914 4,189 267 3,310 3,577 Overall total 425 5,656 6,081 408 5,099 5,507 As of December 31, 2021 As of December 31, 2020 Place of work SQM S.A. Other Total SQM S.A. Other Total In Chile 425 5,246 5,671 408 4,672 5,080 Outside Chile - 410 410 - 427 427 Overall total 425 5,656 6,081 408 5,099 5,507 (b) Main shareholders As of December 31, 2021, there were 1,500 shareholders. The f Shareholders as of December 31, 2021 No. of Series A % of Series A No. of Series B % of Series B % of total The Bank of New York Mellon, ADRs - - 67,603,420 47.34 % 23.67 % Inversiones TLC SpA (1) 62,556,568 43.80 % - - 21.90 % Sociedad de Inversiones Pampa Calichera S.A. (2) 44,989,231 31.50 % - - 15.75 % Potasios de Chile S.A. 18,179,147 12.73 % - - 6.36 % Banco de Chile via State Street 23,428 0.02 % 9,178,379 6.43 % 3.22 % Banco Santander via foreign investor accounts - - 8,856,091 6.20 % 3.10 % Inv. Global Mining (Chile) Ltda. 8,798,539 6.16 % - - 3.08 % Banco de Chile non-resident third party accounts 445 - 7,939,865 5.56 % 2.78 % Banco de Chile via Citi NA New York Clients 67,463 0.05 % 4,795,310 3.36 % 1.70 % Inversiones la Esperanza de Chile Limitada 4,246,226 2.97 % - - 1.49 % Larraín Vial S.A. Corredora de Bolsa 125,726 0.09 % 3,653,614 2.56 % 1.32 % AFP Habitat S.A. for Pension Fund C - - 2,914,292 2.04 % 1.02 % Shareholders as of December 31, 2020 No. of Series A % of Series A No. of Series B % of Series B % of total Inversiones TLC SpA (1) 62,556,568 43.80 % - - 23.77 % The Bank of New York Mellon, ADRs - - 50,792,452 42.19 % 19.30 % Sociedad de Inversiones Pampa Calichera S.A. (2) 44,894,152 31.43 % 922,971 0.77 % 17.41 % Potasios de Chile S.A. 18,179,147 12.73 % - - 6.91 % Inversiones Global Mining (Chile) Limitada 8,798,539 6.16 % - - 3.34 % Euroamerica C de B S. A. 1,418 - 8,788,517 7.30 % 3.34 % Banco Santander via foreign investor accounts - - 7,294,827 6.06 % 2.77 % Banco de Chile via State Street - - 6,971,782 5.79 % 2.65 % Banco de Chile non-resident third party accounts - - 6,129,339 5.09 % 2.33 % Inversiones la Esperanza de Chile Limitada 4,147,263 2.90 % 46,500 0.04 % 1.59 % Banchile Corredora de Bolsa S. A. 459,202 0.32 % 2,426,758 2.02 % 1.10 % Banco de Chile on behalf of Citibank NA New York customers 177,463 0.12 % 1,732,249 1.44 % 0.73 % (1) As reported by DCV, which records the Company's shareholders' register as of December 31, 2021 and 2020, Inversiones TLC SpA, a subsidiary wholly owned by Series A t total outstanding As reported by Inversiones TLC SpA, also ed in the form ADRs (which are reflected in the held by The Bank of New York Mellon, as depositary of the ADRs). Therefore eld Series A shares and Series B outstanding holdsdirectly and indirectly held shares Series outstanding (2) As of December 31, 2021, Sociedad de Inversiones Pampa Calichera S.A. has 47,480,196 Series A and B shares; 2,490,965 Series B shares are held by different brokers. As of December 31, 2020, Sociedad de Inversiones Pampa Calichera S.A. has 57,235,201 Series A and B shares; 11,418,078 Series B shares are held by different brokers. 1.6 C In January 2020, the WHO deemed COVID-19 a global pandemic. In March 2020, the Chilean Ministry of Health declared a nationwide State of Emergency. As a precaution, our management has implemented several measures to help reduce the speed at which the coronavirus spreads, including measures to mitigate the spread in the workplace, significant reductions in employee travel and a mandatory quarantine for people who have arrived from high risk destinations, in consultation with governmental and international health organization guidelines, and will continue to implement measures consistent with evolving coronavirus situation. The Company reports on the following points in relation to the outbreak of the COVID-19 virus and its being declared to be a global pandemic by the WHO: (1) Regarding the financial and operational effects that this situation could mean for the Company, it is worth noting that the Company sells its products worldwide, with Asia, Europe and North America being its main markets. Border closures, decrease in commercial activity and difficulties and disruptions in the supply chains in the markets in which we sell have impacted our ability to fulfill our previous sales volume estimates, the impact on our sales volumes and average prices will depend on the duration of the virus in different markets, the efficiency of the measures implemented to contain the spread of the virus in each country and fiscal incentives that may be implemented in different jurisdictions to promote economic recovery. For now, our operations have not seen any material impacts related to the outbreak of COVID-19 virus. We have taken measures to mitigate the impacts of this health emergency on our employees and limit the impact it could have on our operations (described below in point 2). (2) Regarding the measures that management has adopted or intends to adopt to mitigate possible financial and/or operational effects, we inform that the Company has implemented a series of measures in its operations in Chile and abroad that seek to protect its workers and reduce the speed at which the virus spreads. The measures adopted by the Company are: (a) The flexibility of the working day, arrival and departure times, together with the incentive to work from home in those cases where this is possible. (b) Avoidance of crowds, seminars and large meetings in the Company´s offices and operating facilities. (c) Strengthening personal hygiene protocols (use of alcohol-based gel, masks, etc.) and sanitation in plants, cafeterias and offices. (d) Significant reduction in domestic and international travel, along with obligatory quarantine for people who have arrived from high risk destinations. (e) The costs associated with the measures implemented by the company correspond primarily to increased expenses in transportation, supplies, room and board, among others. (3) We hereby inform that we do not currently have any other information that management believes is relevant to provide. 1.7 C On April 28, 2021, the Company completed a US$1.1 billion capital stock increase. The capital stock increase was approved at an extraordinary shareholders’ meeting held by the Company on January 22, 2021. It included a mandatory 30-day pre-emptive rights offering, under Chilean law, to existing holders of the Company’s Series B common stock and a corresponding pre-emptive rights offering to existing holders of American Depositary Shares (ADSs). Existing shareholders received transferable share rights to subscribe for shares of Series B common stock at a subscription price of US$50 per share and the share rights were traded in Chile on the Santiago Stock Exchange and the Electronic Stock Exchange. Existing ADS holders received transferable ADS rights to subscribe for ADSs at a subscription price of US$50 per ADS and the ADS rights were traded in the U.S. on the New York Stock Exchange. The pre-emptive rights offerings ended on April 24, 2021 with respect to the share rights in Chile and on April 19, 2021 with respect to the ADS rights in the U.S. Of the 22,441,932 new Series B shares offered in the pre-emptive rights offerings, a total of 21,687,549 Series B shares (including shares in the form of ADSs), i.e. almost 97% of the Serie B shares offered, were subscribed in the preemptive rights offerings. The remaining 754,383 Series B shares that were not subscribed for in the pre-emptive rights offerings were offered and placed in auctions conducted through the Santiago Stock Exchange to investors in Chile and outside Chile (including in the United States) on April 28, 2021, at an average price of approximately US$54 per share. As of December 31, 2021, contributed capital is US$ 1.1 billion net of expenses for ThUS 24,503. 1.8 A On February 17, 2021, the Board of Directors approved the investment in the Mount Holland lithium project in Western Australia. SQM's share of the project investment is expected to be approximately US$700 million, between 2021 and 2025. The feasibility study confirms an expected initial production capacity of 50,000 metric tons of lithium hydroxide during the second half of 2024. See Note 8.5. |
Basis of presentation for the c
Basis of presentation for the consolidated financial statements | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure of Basis of presentation for the consolidated financial statements [Abstract] | |
Disclosure of basis of preparation of financial statements [text block] | Note 2 B 2.1 A These consolidated financial statements cover the following periods: (a) Consolidated Statements of Financial Position as of December 31, 2021 and 2020. (b) Consolidated Statements of Income from January 1 to December 31, 2021, 2020 and 2019. (c) Consolidated Statements of Comprehensive Income from January 1 to December 31, 2021, 2020 and 2019. (d) Consolidated Statements of Changes in Equity for the years (e) Consolidated Statements of Cash Flows for the years 2.2 C The consolidated financial statements of the Company and its subsidiaries have been prepared in accordance with IFRS and represent the full, explicit and unreserved adoption of IFRS, issued by the International Accounting Standards Board. These consolidated financial statements fairly present the Company’s financial position, as of December 31, 2021 and 2020, the comprehensive results of operations, changes in equity and cash flows occurring for the three years ended December 31, 2021, 2020 and 2019. IFRS establish certain alternatives for their application, those applied by the Company are detailed in this Note and Note 3. The accounting policies used in the preparation of these consolidated financial statements comply with each IFRS in force at their date of presentation. 2.3 B The consolidated financial statements have been prepared on the historical cost basis except for the following: (a) Inventories are recorded at the lower of cost and net realizable value. (b) Financial derivatives measured at fair value. (c) Certain financial investments measured at fair value with an offsetting entry in other comprehensive income. 2.4 A New accounting pronouncements (a) The following standards, interpretations and amendments are mandatory for the first time for annual periods beginning on January 1, 2021: Amendments and improvements Description Mandatory for annual periods Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16 “Reform to the referential interest rate (IBOR)- Phase 2” Published in August 2020. These amendments provide certain simplifications in relation to the reform to the referential interest rates, including the replacement of a reference rate by an alternative. 01-01-2021 Amendment to IFRS 16 “Lease Concessions” - Published in March 2021. This amendment extends by one year the period of application of the practical case of IFRS 16 Leases (contained in the amendment to that standard published in May 2020), with the purpose of assisting lessees in accounting for COVID-19 related rental concessions. The amendment is effective for annual periods beginning on or after April 1, 2021. However, early adoption is permitted even for financial statements not authorized for issue as of March 31, 2021. 01-01-2021 Management determined that the adoption of the aforementioned standards, amendments and interpretations did not significantly impact the company’s consolidated financial statements. (b) Standards, interpretations and amendments issued that had not become effective for financial statements beginning on January 1, 2021 and which the Company has not adopted early are as follows: Standards and Interpretations Description Mandatory for annual periods Amendment to IAS 1 “Presentation of financial statements” on classification of liabilities. These amendments clarify that the liabilities will be classified as current or non-current depending on the rights that exist at the close of the reporting period. The classification is not affected by the expectations of the entity or the events subsequent to the report date (for example, the receipt of a waiver or noncompliance with the pact). The amendment also clarifies what IAS 1 means when referring to “liquidation” of a liability. The amendment must be applied retroactively in accordance with IAS 8. 01-01-202 3 Reference to the Conceptual Framework - Amendments to IFRS 3. Minor modifications were made to IFRS 3 “Definition of a Business” to update references to the conceptual framework for financial reporting without changing the requirements of business combinations. 01-01-2022 Amendment to IAS 16 “Property, plant and equipment”. This prohibits companies from deducting from the cost of the property any revenue received from the sale of articles produced while the company is preparing the asset for its anticipated use. The company must recognize this sales revenue and associated costs in the profit or loss for the fiscal year. 01-01-2022 Amendment to IAS 37, “Provisions, contingent liabilities and contingent assets”. This clarifies for onerous contracts which inevitable costs a company must include to assess whether a contract will result in a loss. 01-01-2022 Annual improvements to IFRS standards, 2018-2020 cycle. The following improvements were finalized in May 2020: IFRS 9 Financial Instruments. This clarifies which fees must be included in the 10% test for the derecognition of financial liabilities. 01-01-2022 IFRS 16 Leases. Modification of illustrative example 13 to eliminate the illustration of lessor payments in relation to improvements to rental properties, to eliminate any confusion as to the treatment of lease incentives. 01-01-2022 Amendments to IAS 1: “Presentation of the Financial Statements” and IAS 8 “Accounting policies, changes in accounting estimates and errors”. The amendments are intended to improve disclosures of accounting policies and to help users of financial statements distinguish between changes in accounting estimates and changes in accounting policies. 01-01-2023 Amendment to IAS 12 - Deferred taxes related to assets and liabilities that arise from a single transaction. These amendments require companies to recognize deferred taxes on transactions that result in equal amounts in taxable and deductible temporary differences in the initial recognition. 01-01-2023 Amendment to IFRS 10 “Consolidated Financial Statements” and IAS 28 “Investments in Associates and Joint Ventures”, Published in September 2014. These amendments address an inconsistency between the requirements in IFRS 10 and those in IAS 28 in dealing with the sale or contribution of assets between an investor and its associate or joint venture. The main consequence of the amendments is that a full gain or loss is recognized when a transaction involves a business (whether it is housed in a subsidiary or not). A partial gain or loss is recognized when a transaction involves assets that do not constitute a business, even if these assets are housed in a subsidiary. undetermined Management believes that the adoption of the above standards, amendments and interpretations will not have a significant impact on the Company’s financial statements. 2.5 B (a) Subsidiaries The Company established control as the basis of consolidation of its financial statements. The Company controls a subsidiary when it is exposed, or has rights, to variable returns from its involvement with the subsidiary and has the ability to affect those returns through its power over the subsidiary. The consolidation of a subsidiary starts when the Group controls it and it is no longer included in the consolidation when this control is lost. Subsidiaries are consolidated through a line by line method, adding items that represent assets, liabilities, income and expenses with a similar content, and eliminating operations between companies within the SQM Group. Results for dependent companies acquired or disposed of during the period are included in the consolidated accounts from the date on which control is transferred to the SQM Group or until the date when this control ends, as relevant. To account for an acquisition of a business, the Company uses the acquisition method. Under this method, the acquisition cost is the fair value of assets delivered, equity securities issued, and incurred or assumed liabilities at the date of exchange. Assets, liabilities and contingencies identifiable assumed in a business combination are measured initially at fair value at the acquisition date. For each business combination, the Company will measure the non-controlling interest of the acquiree either at fair value or as proportional share of net identifiable assets of the acquire. The following tables lists the principal subsidiaries controlled by the Group : Ownership Interest Subsidiaries TAX ID No. Address Country of Functional Direct Indirect Total SQM Nitratos S.A. 96.592.190-7 El Trovador 4285, Las Condes Chile Dollar 99.9999 0.0001 100.0000 SQM Potasio S.A. 96.651.060-9 El Trovador 4285, Las Condes Chile Dollar 99.9999 - 100.0000 Serv. Integrales de Tránsito y Transf. S.A. 79.770.780-5 Arturo Prat 1060, Tocopilla Chile Dollar 0.0003 99.9997 100.0000 Isapre Norte Grande Ltda. 79.906.120-1 Anibal Pinto 3228, Antofagasta Chile Peso 1.0000 99.0000 100.0000 Ajay SQM Chile S.A. 96.592.180-K Av. Pdte. Eduardo Frei 4900, Santiago Chile Dollar 51.0000 - 51.0000 Almacenes y Depósitos Ltda. 79.876.080-7 El Trovador 4285, Las Condes Chile Peso 1.0000 99.0000 100.0000 SQM Salar S.A. 79.626.800-K El Trovador 4285, Las Condes Chile Dollar 18.1800 81.8200 100.0000 SQM Industrial S.A. 79.947.100-0 El Trovador 4285, Las Condes Chile Dollar 99.0470 0.9530 100.0000 Exploraciones Mineras S.A. 76.425.380-9 El Trovador 4285, Las Condes Chile Dollar 0.2691 99.7309 100.0000 Sociedad Prestadora de Servicios de Salud Cruz del Norte S.A. 76.534.490-5 Anibal Pinto 3228, Antofagasta Chile Peso - 100.0000 100.0000 Soquimich Comercial S.A. 79.768.170-9 El Trovador 4285, Las Condes Chile Dollar - 60.6383 60.6383 Comercial Agrorama Ltda. (1) 76.064.419-6 El Trovador 4285, Las Condes Chile Peso - 70.0000 70.0000 Comercial Hydro S.A. 96.801.610-5 El Trovador 4285, Las Condes Chile Dollar - 100.0000 100.0000 Agrorama S.A. 76.145.229-0 El Trovador 4285, Las Condes Chile Peso - 100.0000 100.0000 Orcoma Estudios SPA 76.359.919-1 Apoquindo 3721 OF 131, Las Condes Chile Dollar 100.0000 - 100.0000 Orcoma SPA 76.360.575-2 Apoquindo 3721 OF 131, Las Condes Chile Dollar 100.0000 - 100.0000 SQM MaG SpA 76.686.311-9 Los Militares 4290, Las Condes Chile Dollar - 100.000 100.0000 Sociedad Contractual Minera Búfalo 77.114.779-8 Los Militares 4290, Las Condes Chile Dollar 99.9000 0.1000 100.0000 SQM North America Corp. Foreign 2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta, GA United States of America Dollar 40.0000 60.0000 100.0000 RS Agro Chemical Trading Corporation A.V.V. Foreign Caya Ernesto O. Petronia 17, Orangestad Aruba Dollar 98.3333 1.6667 100.0000 Nitratos Naturais do Chile Ltda. Foreign Al. Tocantis 75, 6° Andar, Conunto 608 Edif. West Gate, Alphaville Barureri, CEP 06455-020, Sao Paulo Brazil Dollar - 100.0000 100.0000 SQM Corporation N.V. Foreign Pietermaai 123, P.O. Box 897, Willemstad, Curacao Curacao Dollar 0.0002 99.9998 100.0000 SQM Perú S.A. Foreign Avenida Camino Real N° 348 of. 702, San Isidro, Lima Peru Dollar 0.0091 99.9909 100.0000 SQM Ecuador S.A. Foreign Av. José Orrantia y Av. Juan Tanca Marengo Edificio Executive Center Piso 2 Oficina 211 Ecuador Dollar 0.00401 99.9960 100.0000 SQM Brasil Ltda. Foreign Al. Tocantis 75, 6° Andar, Conunto 608 Edif. West Gate, Alphaville Barureri, CEP 06455-020, Sao Paulo Brazil Dollar 0.7100 99.2900 100.0000 SQMC Holding Corporation. Foreign 2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta United States of America Dollar 0.1000 99.9000 100.0000 SQM Japan Co. Ltd. Foreign From 1st Bldg 207, 5-3-10 Minami- Aoyama, Minato-ku, Tokyo Japan Dollar 0.1597 99.8403 100.0000 (1) SQM controls Soquimich Comercial, which in turn controls Comercial Agrorama Ltda, SQM has management control over Comercial Agrorama Ltda. Ownership Interest Subsidiaries TAX ID No. Address Country of Functional Direct Indirect Total SQM Europe N.V. Foreign Houtdok-Noordkaai 25a B-2030 Amberes Belgium Dollar 0.5800 99.4200 100.0000 SQM Indonesia S.A. Foreign Perumahan Bumi Dirgantara Permai, Jl Suryadarma Blok Aw No 15 Rt 01/09 17436 Jatisari Pondok Gede Indonesia Dollar - 80.0000 80.0000 North American Trading Company Foreign 2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta, GA United States of America Dollar - 100.0000 100.0000 SQM Virginia LLC Foreign 2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta, GA United States of America Dollar - 100.0000 100.0000 SQM Comercial de México S.A. de C.V. Foreign Av. Moctezuma 144-4 Ciudad del Sol CP 45050, Zapopan, Jalisco México Mexico Dollar 0.0100 99.9900 100.0000 SQM Investment Corporation N.V. Foreign Pietermaai 123, P.O. Box 897, Willemstad, Curacao Curacao Dollar 1.0000 99.0000 100.0000 Royal Seed Trading Corporation A.V.V. Foreign Caya Ernesto O. Petronia 17, Orangestad Aruba Dollar 1.6700 98.3300 100.0000 SQM Lithium Specialties Limited Partnership Foreign 2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta, GA United States of America Dollar - 100.0000 100.0000 Comercial Caimán Internacional S.A. Foreign Edificio Plaza Bancomer Panama Dollar - 100.0000 100.0000 SQM France S.A. Foreign ZAC des Pommiers 27930, FAUVILLE France Dollar - 100.0000 100.0000 Administración y Servicios Santiago S.A. de C.V. Foreign Av. Moctezuma 144-4 Ciudad del Sol CP 45050, Zapopan, Jalisco México Mexico Dollar - 100.0000 100.0000 SQM Nitratos México S.A. de C.V. Foreign Av. Moctezuma 144-4 Ciudad del Sol CP 45050, Zapopan, Jalisco México Mexico Dollar - 100.0000 100.0000 Soquimich European Holding B.V. Foreign Loacalellikade 1 Parnassustoren 1076 AZ Amsterdan Holland Dollar - 100.0000 100.0000 SQM Iberian S.A. Foreign Provenza 251 Principal 1a CP 08008, Barcelona Spain Dollar - 100.0000 100.0000 SQM Africa Pty Ltd. Foreign Tramore House, 3 Waterford Office Park, Waterford Drive, 2191 Fourways, Johannesburg South Africa Dollar - 100.0000 100.0000 SQM Oceanía Pty Ltd. Foreign Level 9, 50 Park Street, Sydney NSW 2000, Sydney Australia Dollar - 100.0000 100.0000 SQM Beijing Commercial Co. Ltd. Foreign Room 1001C, CBD International Mansion N 16 Yong An Dong Li, Jian Wai Ave Beijing 100022, P.R. China Dollar - 100.0000 100.0000 SQM Thailand Limited Foreign Unit 2962, Level 29, N° 388, Exchange Tower Sukhumvit Road, Klongtoey Bangkok Thailand Dollar - 99.9960 99.9960 SQM Colombia SAS Foreign Cra 7 No 32 – 33 piso 29 Pbx: (571) 3384904 Fax: (571) 3384905 Bogotá D.C. – Colombia. Colombia Dollar - 100.0000 100.0000 SQM Australia PTY Foreign Level 16, 201 Elizabeth Street Sydney Australia Dollar - 100.0000 100.0000 SQM International N.V. Foreign Houtdok-Noordkaai 25a B-2030 Amberes Belgium Dollar 0.5800 99.4200 100.0000 SQM (Shanghai) Chemicals Co. Ltd. Foreign Room 4703-33, 47F, No.300 Middle Huaihai Road, Huangpu district, Shanghai China Dollar - 100.0000 100.0000 SQM Korea LLC Foreign Suite 22, Kyobo Building, 15th Floor, 1 Jongno Jongno-gu, Seoul, 03154 South Korea Korea Dollar - 100.0000 100.0000 SQM Holland B.V. Foreign Herikerbergweg 238, 1101 CM Amsterdam Zuidoost Holland Dollar - 100.0000 100.0000 2.6 I Investments in joint arrangements are classified as joint operations or joint ventures. The classification depends on the contractual rights and obligations of each investor, rather than the legal structure of the joint arrangement. (a) Joint operations The Company recognizes its direct right to the assets, liabilities, income and expenses of the joint arrangement. (b) Joint ventures and investments in associates Interests in companies over which joint control is exercised (joint ventures) or where an entity has significant influence (associates) are recognized using the equity accounting method. Significant influence is presumed when the investor owns over 20% of the investee’s share capital. The investment is recognized using this method in the statement of financial position at cost plus changes subsequent to acquisition and includes the proportional share of the associate’s equity. For these purposes, the percentage interest in the associate is used. The associated acquired goodwill is included in the investee’s book value and is not amortized. The debit or credit to the income statement reflects the proportional share of the profit or loss of the associate. Unrealized gains from transactions with joint ventures or associates are eliminated in accordance with the Company's percentage interest in such entities. Any unrealized losses are also eliminated, unless that transaction provides evidence that the transferred asset is impaired. Changes in associate’s or joint ventures equity are recognized proportionally with a charge or credit to "Other Reserves" and are classified according to their origin. The reporting dates of the associate or joint ventures, the Company and related policies are similar for equivalent transactions and events in similar circumstances. In the event that significant influence is lost, or the investment is sold, or held for sale, the equity method is suspended, not recognizing the proportional share of the gain or loss. If the resulting value under the equity method is negative, the share of profit or loss is reflected as zero in the consolidated financial statements, unless there is a commitment by the Company to restore the capital position of the Company, in which case the related risk provision and expense are recorded. Dividends received by these companies are recorded by reducing the value of the investment and are shown in cash flows from operating activities, and the proportional share of the gain or loss recognized in accordance with the equity method is included in the consolidated income statement under "Share of Gains (Losses) of Associates and Joint Ventures Accounted for Using the Equity Method''. |
Significant accounting policies
Significant accounting policies | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure of changes in accounting policies accounting [Abstract] | |
Disclosure of changes in accounting policies, accounting estimates and errors [text block] | Note 3 S 3.1 C In the consolidated statement of financial position, balances are classified in consideration of their recovery (maturity) dates; i.e., those maturing within a period equal to or less than 12 months are classified as current counted from the closing date of the consolidated financial statements and those with maturity dates exceeding the aforementioned period are classified as non-current. The exception to the foregoing relates to deferred taxes, which are classified as non-current, regardless of the maturity they have. 3.2 F The Company’s consolidated financial statements are presented in United States dollars, without decimal places, which is the Company’s functional and presentation currency and is the currency of the main economic environment in which it operates. Consequently, the term foreign currency is defined as any currency other than the U.S. dollar. 3.3 A (a) SQM group entities: The revenue, expenses, assets and liabilities of all entities that have a functional currency other than the presentation currency are converted to the presentation currency as follows: - Assets and liabilities are converted at the closing exchange rate prevailing on the reporting date. - Revenues and expenses of each profit or loss account are converted at monthly average exchange rates. - All resulting foreign currency translation gains and losses are recognized as a separate component in translation reserves. In consolidation, foreign currency differences arising from the translation of a net investment in foreign entities are recorded in shareholder’s equity (“foreign currency translation reserve”). At the date of disposal, such foreign currency translation differences are recognized in the statement of income as part of the gain or loss from the sale. The main exchange rates and UF used to translate monetary assets and liabilities, expressed in foreign currency at the end and average of each period in respect to U.S. dollars, are as follows: Closing exchange rates Average exchange rates Currencies As of December 31, 2021 As of December 31, As of December 31, 2021 As of December 31, ThUS$ ThUS$ ThUS$ ThUS$ Brazilian real 5.57 5.18 5.66 5.14 New Peruvian sol 3.99 3.62 4.04 3.60 Japanese yen 115.18 103.30 113.87 103.81 Euro 0.88 0.81 0.88 0.82 Mexican peso 20.54 19.93 20.90 19.97 Australian dollar 1.38 1.30 1.40 1.33 Pound Sterling 0.74 0.74 0.75 0.74 South African rand 15.94 14.61 15.88 14.88 Chilean peso 844.69 710.95 849.46 731.92 Chinese yuan 6.38 6.51 6.37 6.53 Indian rupee 74.42 73.30 75.40 73.65 Thai Baht 33.32 29.94 33.55 30.08 Turkish lira 13.28 7.36 13.54 7.70 UF (*) 36.69 40.89 36.48 39.73 (*) US$ per UF (b) Transactions and balances The Company’s non-monetary transactions in currencies other than the functional currency (Dollar) are translated to the respective functional currencies of Group entities at the exchange rate on the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the reporting date are retranslated to the functional currency at the exchange rate at that date. All differences are recorded in the statement of income except for all monetary items that provide an effective hedge for a net investment in a foreign operation. These items are recognized in other comprehensive income until disposal of the investment, when they are recognized in the statement of income. Charges and credits attributable to foreign currency translation differences on those hedge monetary items are also recognized in other comprehensive income. Non-monetary assets and liabilities that are measured at historical cost in a foreign currency are retranslated to the functional currency at the historical exchange rate of the transaction. Non-monetary items that are measured based on fair value in a foreign currency are translated using the exchange rate at the date on which the fair value is determined. 3.4 C Cash equivalents correspond to highly liquid short-term investments that are easily convertible into known amounts of cash and subject to insignificant risk of changes in their value and mature in less than three months from the date of acquisition of the instrument. For the purposes of the statement of cash flows, cash and cash equivalents comprise cash and cash equivalents as defined above. The statement of cash flows present cash transactions performed during the period, determined using the direct method. 3.5 F Management determines the classification of its financial assets at fair value (either through other comprehensive income, or through profit or loss), and at amortized cost. The classification depends on the business model of the entity to manage the financial assets and the contractual terms of the cash flows. In the initial recognition, the Company measures its financial assets at fair value more or less, in the case of a financial asset that is not accounted for at fair value through profit or loss, the transaction costs that are directly attributable to the acquisition of the financial asset on the date when the Company commits to the purchase or sale of an asset. In the case of account receivables and other accounts receivables, the transaction price at the initial recognition is measured. After initial recognition, the Company measures its financial assets according to the Company's business model for managing its financial assets and the contractual terms of its cash flows: (a) Financial instruments measured at amortized cost. Financial assets that meet the following conditions are included in this category (i) the business model that supports it aims to maintain the financial assets to obtain the contractual cash flows and the contractual conditions of the financial asset give place, on specified dates, to cash flows that are only payments of the principal and interest on the outstanding principal amount. The Company’s financial assets that meet these conditions are: (ii) cash equivalents; (iii) related party receivables; (iv) trade debtors; (v) other receivables. (b) Financial instruments at fair value. A financial asset should be measured at fair value through profit or loss or fair value through other comprehensive income, depending on the following: (i) "Fair Value Through Other Comprehensive Income": Assets held to collect contractual cash flows and to be sold, where the asset cash flows are only capital and interest payments, are measured at fair value through other comprehensive income. Changes in book values are through other comprehensive income, except for the recognition of impairment losses, interest income and exchange gains and losses, which are recognized in the income statement. When a financial asset is derecognized, the cumulative gain or loss previously recognized in other comprehensive income is reclassified from equity to the income statement. Interest income from these financial assets is included in financial income using the effective interest method. (ii) "Fair Value Through Profit and Loss": Assets that do not meet the amortized cost or "Fair Value Through Other Comprehensive Income" criteria are valued at "Fair Value Through Profit and Loss". (c) Financial equity assets at fair value through other comprehensive income. Equity instruments that are not classified as held for trading and which the Group has irrevocably chosen to recognize in this category. Amounts presented in other comprehensive income will not be subsequently transferred to profit or loss. 3.6 F The Company evaluates expected credit losses associated with its debt instruments carried at amortized cost and fair value through other comprehensive income. The impairment method used depends on whether there has been a significant increase in credit risk. The Company applies simplified approach to measure expected credit losses using the lifetime expected loss on all trade receivables. Expected credit losses are measured by grouping receivables by their shared credit risk characteristics and days overdue. The Company has concluded that the expected loss rates for trade receivables are a reasonable approximation of the loss rates for contract assets. Expected loss rates are based on sales payment profiles and historical credit losses within this period. Historical loss rates are adjusted to reflect current expectations and information regarding macroeconomic factors that affect the ability of customers to meet their commitments. Impairment losses from receivables and contract assets are shown as net impairment losses in the line “Impairment of financial assets and reversal of impairment losses,” see Note 21.7. The subsequent recovery of previously canceled amounts are credited to the same line. 3.7 F Management determines the classification of its financial liabilities at fair value or at amortized cost. The classification depends on the business model of the entity to manage the financial liabilities and the contractual terms of the cash flows. At the initial recognition, the Company measures its financial liabilities by their fair value more or less, in the case of a financial liability that is not accounted for at fair value through profit or loss, the transaction costs that are directly attributable to the acquisition of the financial liability. After initial recognition, the Company measures its financial liabilities at amortized cost unless the Company, at the initial moment, irrevocably designates the financial liability as measured at fair value through profit or loss. Financial liabilities measured at amortized cost are commercial accounts payable and other accounts payable and other financial liabilities. Amortized cost is based using the effective interest rate method. Amortized cost is calculated by considering any premium or discount on the acquisition and includes transaction costs that are an integral part of the effective interest rate. Financial liabilities are recorded as not current when they mature in more than 12 months and as current when they mature in less than 12 months. 3.8 R When the Company changes its business model for managing financial assets, it will reclassify all its financial assets affected by the new business model. Financial liabilities cannot be reclassified. 3.9 F The Company derecognizes a financial asset when the contractual rights to the cash flows from the asset expire, or it transfers the rights to receive the contractual cash flows in a transaction in which substantially all the risks and rewards of ownership of the financial asset are transferred; and the control of the financial assets has not been retained. The Company derecognizes a financial liability when its contractual obligations or a part of these are discharged, paid to the creditor or legally extinguished from the principle responsibility contained in the liability. 3.10 D Derivatives are recognized initially at fair value as of the date on which the derivatives contract is signed and, they are subsequently assessed at fair value. The method for recognizing the resulting gain or loss depends on whether the derivative has been designated as an accounting hedge instrument and, if so, it depends on the type of hedging, which may be as follows: a) Fair value hedge of assets and liabilities recognized (fair value hedges); b) Hedging of a single risk associated with a recognized asset or liability or a highly probable forecast transaction (cash flow hedge). At the beginning of the transaction, the Company documents the relationship that exists between hedging instruments and those items hedged, as well as their objectives for risk management purposes and the strategy to conduct different hedging operations. The Company also documents its evaluation both at the beginning and at the end of each period if the derivatives used in hedging transactions are highly effective to offset changes in the fair value or in cash flows of hedged items. The fair value of derivative instruments used for hedging purposes is shown in Note 12.3. Changes in the cash flow hedge reserve are classified as a non-current asset or liability if the remaining expiration period of the hedged item is more than 12 months, and as a current asset or liability if the remaining expiration period of the hedged item is less than 12 months. Derivatives that are not designated or do not qualify as hedging derivatives are classified as current assets or liabilities, and changes in the fair value are directly recognized through profit or loss. a) Fair value hedge Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recorded in profit or loss, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk. The gain or loss relating to the effective portion of interest rate swaps that hedge fixed rate borrowings is recognized in profit or loss within finance costs, together with changes in the fair value of the hedged fixed rate borrowings attributable to interest rate risk. The gain or loss relating to the ineffective portion is recognized in profit or loss within other income or other expenses. If the hedge no longer meets the criteria for hedge accounting, the adjustment to the carrying amount of a hedged item for which the effective interest method is used is amortized to profit or loss over the period to maturity using a recalculated effective interest rate. b) Cash flow hedges The effective portion of the gain or loss on the hedging instrument is initially recognized with a debit or credit to other comprehensive income, while any ineffective portion is immediately recognized with a debit or credit to income, as appropriate depending on the nature of the hedged risk. The amounts accumulated in net equity are carried over to results when the hedged items are settled or when these have an impact on results. When a hedging instrument no longer meets the criteria for hedge accounting, any cumulative deferred gain or loss and deferred costs of hedging in equity at that time remains in equity until the forecast transaction occurs. When the forecast transaction is no longer expected to occur, the cumulative gain or loss and deferred costs of hedging that were reported in equity are immediately reclassified to profit or loss. 3.11 D Derivative financial instruments not considered as hedges are recognized at fair value with the effect in the results of the year. The Company has derivative financial instruments to hedge foreign currency risk exposure. The Company continually evaluates the existence of embedded derivatives in both its contracts and in its financial instruments. As of December 31, 2021, and 2020, the Company does not have any embedded derivatives. 3.12 D Acquisition costs from insurance contracts are classified as prepayments and correspond to insurance contracts in force, recognized using the straight-line method and on an accrual basis independent of payment date. These are recognized under other non-financial assets. 3.13 L (a) Right-of-use assets The Company recognizes right-of-use assets on the initial lease date (i.e., the date on which the underlying asset is available for use). Right-of-use assets are measured at cost, less any accumulated depreciation and impairment losses, adjusted by any new measurement of the lease liability. The cost of right-of-use assets includes the amount of recognized lease liabilities, direct initial costs incurred and lease payments made on the start date or sooner, less the lease incentives received. Unless the Company is reasonably sure it will take ownership of the leased asset at the end of the lease period, the assets recognized through right-of-use are depreciated in a straight line during the shortest period of their estimated useful life and lease period. Right-of-use assets are subject to impairment. (b) Lease liabilities On the lease start date, the Company recognizes lease liabilities measured at present value of lease payments that will be made during the lease period. Lease payments include fixed payments (including payments that are essentially fixed), less incentives for lease receivables, variable lease payments that are dependent on an index or rate and amounts that are expected to be paid as guaranteed residual value. Lease payments also include the exercise price of a purchase option if the Company is reasonably sure it will exercise this and penalty payments for terminating a lease, if the lease period reflects that the Company will exercise the option to terminate. Variable lease payments that are not dependent on an index or rate are recognized as expenses in the period that produces the event or condition that triggers payment. When calculating the present value of lease payments, the Company uses the incremental borrowing rate on the initial lease date if the interest rate implicit in the lease cannot be determined easily. After the start date, the lease liability balance will increase to reflect the accumulation of interest and will diminish as lease payments are made. Furthermore, the book value of lease liabilities is remeasured in the event of an amendment, a change in the lease period, a change in the fixed lease payments in substance or a change in the assessment to buy the underlying asset. Payments made that affect lease liabilities are presented as part of the financing activities in the cash flow statement. (c) Short-term leases and low-value asset leases The Company applies the short-term lease recognition exemption to leases with a lease term of 12 months or less starting on the start date and that don’t have a purchase option. It also applies the low-value asset lease recognition exemptions to leases less than the limit specified in the respective accounting standard. Lease payments in short-term leases and low-value asset leases are recognized as lineal expenses during the lease term. (d) Significant judgments in the determination of the lease term for contracts with renewal options. The Company determines the lease term as the non-cancellable period of the lease, together with periods covered by an option to extend the lease if it is reasonably certain that this will be exercised, or any period covered by an option to terminate the lease, if it is reasonably certain that this will not be exercised. The Company has the option, under some of its leases, to lease assets for additional terms. The Company applies its judgment when assessing whether it is reasonably certain that it will exercise the option to renovate. In other words, it considers all the relevant factors that create an economic incentive for it to exercise the option to renovate. After the start date, the Company reevaluates the lease term if there is a significant event or change in the circumstances that are under its control and affect its capacity to exercise (or not exercise) the option to renovate. 3.14 I The method used to determine the cost of inventories is the weighted average monthly cost of warehouse storage. In determining production costs for own products, the company includes the costs of labor, raw materials, materials and supplies used in production, depreciation and maintenance of the goods that participate in the production process, the costs of product movement necessary to maintain stock on location and in the condition in which they are found, and also includes the indirect costs of each task such as laboratories, process and planning areas, and personnel expenses related to production, among others. For finished and in-process products, the company has four types of provisions, which are reviewed quarterly: (a) Provision associated with the lower value of stock: The provision is directly identified with the product that generates it and involves three types: (i) provision of lower realizable value, which corresponds to the difference between the inventory cost of intermediary or finished products, and the sale price minus the necessary costs to bring them to the same conditions and location as the product with which they are compared; (ii) provision for future uncertain use that corresponds to the value of those products in process that are likely not going to be used in sales based on the company’s long-term plans; (iii) reprocessing costs of products that are unfeasible for sale due to current specifications. (b) Provision associated with physical differences in inventory: A provision is made for differences that exceed the tolerance considered in the respective inventory process (physical and annual inventories are taken for the productive units in Chile and the port of Tocopilla; the business subsidiaries depend on the last zero ground obtained, but in general it is at least once a year), these differences are recognized immediately. (c) Potential errors in the determination of stock: The company has an algorithm that is reviewed at least once a year and corresponds to diverse percentages assigned to each inventory based on the product, location, complexity involved in the associated measurement, rotation and control mechanisms. (d) Provisions undertaken by business subsidiaries: these are historical percentages that are adjusted as zero ground is attained based on normal inventory management. Inventories of raw materials, materials and supplies for production are recorded at acquisition cost. Cyclical inventories are performed in warehouses, as well as general inventories every three years. Differences are recognized at the moment they are detected. The company has a provision that makes quarterly calculations from percentages associated with each type of material (classification by warehouse and rotation), these percentages use the lower value resulting from deterioration or obsolescence as well as potential losses. This provision is reviewed at least annually, and considers the historical profit and loss obtained in the inventory processes. 3.15 N Non-controlling interests are recorded in the consolidated statement of financial position within equity but separate from equity attributable to the owners of the Parent. 3.16 R Transactions between the Company and its subsidiaries are part of the Company’s normal operations within its scope of business activities. Conditions for such transactions are those normally effective for those types of operations with regard to terms and market prices. The maturity conditions vary according to the originating transaction. 3.17 P Property, plant and equipment are stated at acquisition cost, net of the related accumulated depreciation, amortization and impairment losses that they might have experienced. In addition to the price paid for the acquisition of tangible property, plant and equipment, the Company has considered the following concepts as part of the acquisition cost, as applicable: (a) Accrued interest expenses during the construction period that are directly attributable to the acquisition, construction or production of qualifying assets, which are those that require a substantial period prior to being ready for use. The interest rate used is that related to the project’s specific financing or, should this not exist, the average financing rate of the investor company. (b) The future costs that the Company will have to experience, related to the closure of its facilities at the end of their useful life, are included at the present value of disbursements expected to be required to settle the and its subsequent variation is recorded directly in results. Having initially recognized provisions for closure and refurbishment, the corresponding cost is capitalized as an asset in “Property, plant and equipment” and amortized in line with the amortization criteria for the associated assets. Construction-in-progress is transferred to property, plant and equipment in operation once the assets are available for use and the related depreciation and amortization begins on that date. Extension, modernization or improvement costs that represent an increase in productivity, ability or efficiency or an extension of the useful lives of property, plant and equipment are capitalized as a higher cost of the related assets. All the remaining maintenance, preservation and repair expenses are charged to expense as they are incurred. The replacement of assets, which increase the asset’s useful life or its economic capacity, are recorded as a higher value of property, plant and equipment with the related derecognition of replaced or renewed elements. Gains or losses which are generated from the sale or disposal of property, plant and equipment are recognized as income (or loss) in the period and calculated as the difference between the asset’s sales value and its net carrying value. Costs derived from the daily maintenance of property, plant and equipment are recognized when incurred. 3.18 D Property, plant and equipment are depreciated through the straight-line distribution of cost over the estimated technical useful life of the asset, which is the period in which the Company expects to use the asset. When components of one item of property, plant and equipment have different useful lives, they are recorded as separate assets and depreciated over their expected useful lives. Fixed assets located in the Salar de Atacama consider useful life to be the lesser value between the technical useful life and the years remaining until 2030. In the case of certain mobile equipment, depreciation is performed depending on the hours of operation. The useful lives used for the depreciation and amortization of assets included in property, plant and equipment in years are presented below: Classes of property, plant and equipment Minimum life or Maximum life or Life or average rate Mining assets 3 10 7 Energy generating assets 3 16 9 Buildings 3 25 14 Supplies and accessories 2 10 7 Office equipment 5 10 9 Transport equipment 5 9 7 Network and communication equipment 4 10 5 IT equipment 4 11 7 Machinery, plant and equipment 2 25 13 Other fixed assets 3 20 10 3.19 G Goodwill acquired represents the excess in acquisition cost on the fair value of the Company's ownership of the net identifiable assets of the subsidiary on the acquisition date. Goodwill acquired related to the acquisition of subsidiaries is included in the line item goodwill, which is subject to impairment tests annually or more frequently if events or changes in circumstances indicate that it might be impaired and is stated at cost less accumulated impairment losses. Gains and losses related to the sale of an entity include the carrying value of goodwill related to the entity sold. This intangible asset is assigned to cash-generating units with the purpose of testing impairment losses. It is allocated based on cash-generating units expected to obtain benefits from the business combination from which the aforementioned goodwill acquired arose. 3.20 I Intangible assets other than goodwill mainly relate to water rights, emission rights, commercial brands, costs for rights of way for electricity lines, license costs and the development of computer software and mining property and concession rights, client portfolio and commercial agent. (a) Water rights Water rights acquired by the Company relate to water from natural sources and are recorded at acquisition cost. The Company separates water rights into: i) Finite rights with amortization using the straight-line method, and ii) Indefinite rights, which are not amortized, given that these assets represent rights granted in perpetuity to the Company, which are subject to an annual impairment assessment. (b) Rights of way for electric lines As required for the operation of industrial plants, the Company has paid rights of way in order to install wires for the different electric lines on third party land. These rights are presented under intangible asset. Amounts paid are capitalized at the date of the agreement and amortized in the statement of income, according to the life of the right of way. (c) Computer software Licenses for IT programs acquired are capitalized based on their acquisition and customization costs. These costs are amortized over their estimated useful lives. Expenses related to the development or maintenance of IT programs are recognized as an expense as and when incurred. Costs directly related to the production of unique and identifiable IT programs controlled by the Group, and which will probably generate economic benefits that are higher than its costs during more than a year, are recognized as intangible assets. Direct costs include the expenses of employees who develop information technology software and general expenses in accordance with corporate charges received. The costs of development for IT programs are recognized as assets are amortized over their estimated useful lives. (d) Mining property and concession rights The Company holds mining property and concession rights from the Chilean and Western Australian Governments. Property rights from the State of Chile are usually obtained at no initial cost (other than the payment of mining patents and minor recording expenses) and once the rights on these concessions have been obtained, they are retained by the Company while annual patents are paid. Such patents, which are paid annually, are recorded as prepaid assets and amortized over the following twelve months. Amounts attributable to mining concessions acquired from third parties that are not from the Chilean Government are recorded at acquisition cost within intangible assets. (e) Estimated useful lives or amortization rates used for finite identifiable intangible assets The finite useful life of mining properties is calculated using the productive unit method, except for the mining properties owned by Corfo, which have been leased to the Company and grant it the right to exclusively exploit them until December 31, 2030. The estimated useful life for software which they are amortized corresponds to the periods defined by the contracts or rights from which they originate. f) Minimum and maximum amortization lives or rates of intangible assets: Estimated useful life or amortization rate Minimum Life or Maximum Life or Water rights 5 years Indefinite Rights of way Indefinite Indefinite Corfo Mining properties (1) 9 years 9 years Mining rights Unit-production method Intellectual property 9 years 9 years IT programs 2 years 8 years (1) Mining properties owned by CORFO and leased to the Company, which grant it the exclusive right to exploit them until December 31, 2030. 3.21 R Research and development expenses are charged to profit or loss in the period in which the expenditure was incurred. 3.22 E The Company holds mining concessions for exploration and exploitation of ore, the Company gives the following treatment to expenses associated with exploration and assessment of these resources: Once the rights have been obtained, the Company records the disbursements directly associated with the exploration and evaluation of the deposit in execution as property, plant and equipment (construction in progress) at its cost. These disbursements include the following items: geological surveys, drilling, borehole extraction and sampling, activities related to the technical assessment and commercial viability of the extraction, and in general, any disbursement directly related to specific projects where the objective is to find ore resources. If the technical studies determine that the ore grade is not economically viable, the asset is directly charged to profit and loss. If determined otherwise, the asset described above is associated with the extractable ore tonnage which is amortized as it is used. (a) Limestone and metallic exploration These assets are included in Other Non-Current Non-Financial Assets, and the portion related to the area to be exploited in the year are reclassified to Current Inventory, if applicable. Costs related to metal exploration are charged to profit or loss in the period in which they are recognized if the project assessed doesn't qualify for consideration as advanced exploration otherwise, these are amortized during the development stage. (b) Exploration in Salar de Atacama Exploration expenses in Salar de Atacama are included in non-current assets under Property, Plant and Equipment and are mainly bore holes that can also be used to exploit the deposit or monitoring, which are amortized over 9 years. (c) Exploration and evaluation at the Mt. Holland Project Mount Holland exploration and evaluation expenditure is included in Property, plant and equipment, specifically in Construction in Progress. See Note 1. 8. 3.23 I Assets subject to depreciation and amortization are also subject to impairment testing, p |
Financial risk management
Financial risk management | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure Of Financial Risk Management Explanatory [Abstract] | |
Disclosure of financial risk management [text block] | Note 4 F 4.1 F The Company’s financial risk management policy is focused on safeguarding the stability and sustainability of the Company and its subsidiaries with regard to all such relevant financial uncertainty components. The Company’s operations are subject to certain financial risk factors that may affect its financial position or results. The most significant risk exposures are market risk, liquidity risk, currency risk, credit risk, and interest rate risk, among others. There could also be additional risks, which are either unknown or known but not currently deemed to be significant, which could also affect the Company’s business operations, its business, financial position, or profit or loss. The financial risk management structure includes identifying, determining, analyzing, quantifying, measuring and controlling these events. Management and in particular, Finance Management, is responsible for constantly assessing the financial risk. 4.2 R (a) Credit risk A global economic contraction may have potentially negative effects on the financial assets of the Company, which are primarily made up of financial investments and trade receivables, and the impact on of our customers could extend the payment terms of the Company's receivables by increasing its exposure to credit risk. Although measures are taken to minimize the risk, this global economic situation could mean losses with adverse material effects on the business, financial position or profit and loss of the Company's operations. Trade receivables: to mitigate credit risk, the Company maintains active control of collection and requires the use of credit insurance. Credit insurance covers the risk of insolvency and unpaid invoices corresponding to 80% of all receivables with third parties. The credit risk associated with receivables is analyzed in Note 12.2 b) and the related accounting policy can be found in Note 3.6. Bank Notes: These are negotiable promissory notes issued by a bank payable at maturity. They are accepted based on the credit quality of the issuing banks. No significant modifications have been made during the period to risk models or parameters used in comparison to December 31, 2020, and no modifications have been made to contractual cash flows that have been significant during this period. Financial investments: correspond to time deposits whose maturity date is greater than 90 days and less than 360 days from the date of investment, so they are not exposed to excessive market risks. The counterparty risk in implementation of financial operations is assessed on an ongoing basis for all financial institutions in which the Company holds financial investments. The credit quality of financial assets that are not past due or impaired can be evaluated by reference to external credit ratings (if they are available) or historical information on counterparty late payment rates: Financial institution Financial assets Rating As of December 31, 2021 Moody´s S&P Fitch ThUS$ Banco crédito e Inversiones Time deposits P-1 A-2 F2- 9,752 Banco Itaú Corpbanca Time deposits P-2 A-2 - 8,001 Banco Santander – Santiago Time deposits P-1 A-2 - 9,052 Scotiabank Sud Americano Time deposits P-1 A-1 F1+ 10,750 Other banks Time deposits - - F1+ 200,100 JP Morgan US dollar Liquidity Fund Institutional Investment fund Aaa-mf AAAm AAAmmf 381,297 Legg Mason - Western Asset Institutional cash reserves Investment fund - AAAm AAAmmf 233,648 Total 852,600 F-46 Notes to the Consolidated Financial Statements Financial institution Financial assets Rating As of December 31, 2021 Moody´s S&P Fitch ThUS$ Bancocrédito e Inversiones Time deposits P-1 A-2 - 34,325 Banco Itaú Corpbanca Time deposits P-2 A-2 - 195,471 Banco Santander – Santiago Time deposits P-1 A-2 - 65,899 Scotiabank Sud Americano Time deposits P-1 A-1 F1+ 289,421 Sumitomo Mitsui Banking Time deposits P-1 - F1 320,054 Total 905,170 Financial institution Financial assets Rating As of Moody´s S&P Fitch ThUS$ Banco créditoe Inversiones Time deposits P-1 A-1 - 9,002 Banco de Chile Time deposits P-1 A-1 - 10,503 Banco Estado Time deposits P-1 A-1 - 1,001 Banco Itaú Corpbanca Time deposits P-2 A-2 - 7,299 Banco Santander – Santiago Time deposits P-1 A-1 - 16,702 Scotiabank Sud Americano Time deposits - - F1+ 7,002 JP Morgan US dollar Liquidity Fund Institutional Investment fund Aaa-mf AAAm AAAmmf 102,753 Legg Mason - Western Asset Institutional cash reserves Investment fund - AAAm AAAmmf 107,625 Other banks with lower balances Time deposits - - - 86 Total 261,973 Financial institution Financial assets Rating As of Moody´s S&P Fitch ThUS$ Banco de crédito e Inversiones Time deposits P-1 A-1 - 185,589 Banco Itaú Corpbanca Time deposits P-2 A-2 - 49,006 Banco Santander – Santiago Time deposits P-1 A-1 - 45,168 Banco Scotiabank Sud Americano Time deposits - - F1+ 31,668 JP Morgan Asset Management Investment fund P-1 A-1 N1+ 34,028 Total 345,459 Financial institution Financial assets Rating As of Moody´s S&P Fitch ThUS$ Agricultural Bank of China Bank notes + - - 860 Bank of China Limited Bank notes + - - 4,167 Bank of Communications Bank notes + - - 7,422 China CITIC Bank Corp Ltd Bank notes ++ - - 2,623 China Construction Bank Corporation Bank notes + - - 7,122 China Everbright Bank Co. Ltd Bank notes ++ - - 6,569 China Merchants Bank Bank notes + - - 22,628 China Minsheng Bank Corporation Bank notes - - ++ 784 Industrial & Commercial Bank of China Limited Bank notes + - - 353 Industrial Bank Bank notes + - - 6,615 Ping An Bank Bank notes ++ - - 8,391 Shanghai Pudong Development Bank Co. Ltd Bank notes ++ - - 7,905 China Development Bank Bank notes - - + 16,807 Postal Savings Bank of China Bank notes - + - 4,718 KEB Hana Bank (China) Bank notes + - - 1,121 Total 98,085 (+) (++) (b) Currency risk The functional currency of the company is the US dollar, due to its influence on the determination of price levels, its relation to the cost of sales and considering that a significant part of the Company’s business is conducted in this currency. However, the global nature of the Company's business generates an exposure to exchange rate variations of several currencies with the US dollar. Therefore, the Company maintains hedge contracts to mitigate the exposure generated by its main mismatches (net between assets and liabilities) in currencies other than the US dollar against the exchange rate variation, updating these contracts periodically depending on the amount of mismatching to be covered in these currencies. Occasionally, subject to the approval of the Board, the Company ensures short-term cash flows from certain specific line items in currencies other than the US dollar. A significant portion of the Company’s costs, especially salary payments, is associated with the Peso. Therefore, an increase or decrease in its exchange rate with the US dollar will provoke a respective decrease or increase to these accounting costs, which would be reflected in the Company’s profit and loss. By the fourth quarter of 2021, approximately US$ 530 million accumulated in expenses are associated with the Peso. As of December 31, 2021, the Company held derivative instruments classified as hedges of foreign exchange risks associated with 100% of all of the bond liabilities denominated in UF, for a liability at fair value of US$ 81.85 million, this significant variation is explained primarily by the USD/CLP exchange rate observed at the end of the period. As of December 31, 2020, an asset was recognized amounting to US$ 18.41 million. Furthermore, on of December 31, 2021, the Company held derivative instruments classified as hedges of foreign exchange risks associated with 100% of all nominative term deposits in UF and in pesos, at a fair value of US$ 12.61 million in assets. On December 31, 2020, a liability was recognized for an amount of US$ 21 million. The Company had the following derivative contracts as of December 31, 2021 (at the absolute value of the sum of their notional values), to hedge the difference between its assets and liabilities: US$ 85.25 CLP/US dollar derivative contracts, US$ 60.98 Euro/US dollar derivative contracts, US$ 37.07 million in South African rand/US dollar derivative contracts, US$ 207.64 million in Chinese renminbi/US dollar derivative contracts, US$ 57.51 million in Australian dollar/US dollar derivative contracts and US$ 11.95 million in other currencies. These derivative contracts are held with domestic and foreign banks, which have the following credit ratings. Financial institution Financial assets Rating Moody´s S&P Fitch Banco Estado Derivative P-1 A-1 - Merrill Lynch International Derivative - A+ AA Banco Itaú-Corpbanca Derivative P-2 A-2 - JP Morgan Derivative Aa2 A+ AA Morgan Stanley Derivative A+ BBB+ A The Bank of Nova Scotia Derivative A A- AA- (c) Interest rate risk Interest rate fluctuations, primarily due to the uncertain future behavior of markets, may have a material impact on the financial results of the Company. Significant increases in the rate could make it difficult to access financing at attractive rates for the Company's investment projects. The Company maintains current and non-current financial debt at fixed rates and LIBOR rate plus spread. As of December 31, 2021, the Company has 2.7% of its financial liabilities linked to variations in the LIBOR rate. 100% of these obligations are covered by derivative instruments classified as interest rate hedging; therefore, a significant rate increase would not impact our financial condition. (d) Liquidity risk Liquidity risk relates to the funds needed to comply with payment obligations. The Company’s objective is to maintain financial flexibility through a comfortable balance between fund requirements and cash flows from regular business operations, bank borrowings, bonds, short term investments, and marketable securities, among others. For this purpose, the Company keeps a high liquidity ratio 1 The Company has an important capital expense program which is subject to change over time. On the other hand, world financial markets go through periods of contraction and expansion that are unforeseeable in the long-term and may affect The Company’s access to financial resources. Such factors may have a material adverse impact on the Company’s business, financial position and results of operations. The Company constantly monitors the matching of its obligations with its investments, taking due care of maturities of both, from a conservative perspective, as part of this financial risk management strategy. As of December 31, 2021, the Company had unused, available revolving credit facilities with banks, for a total of US$ 489 million. The position in other cash and cash equivalents are invested in highly liquid mutual funds with an AAA risk rating. 1 All current assets divided by all current liabilities. Nature of undiscounted cash flows As of December 31, 2021 (figures expressed in millions of US dollars) Carrying Less than 1 year 1 to 5 years Over 5 years Total Bank borrowings 70.08 1.05 70.64 - 71.69 Unsecured obligations 2,518.64 108.06 924.03 2,980.91 4,013.00 Sub total 2,588.72 109.11 994.67 2,980.91 4,084.69 Hedging liabilities 85.25 12.38 31.58 39.70 83.66 Derivative financial instruments 1.67 1.67 - - 1.67 Sub total 86.92 14.05 31.58 39.70 85.33 Current and non-current lease liabilities 54.22 8.88 30.97 29.08 68,9 Trade accounts payable and other accounts payable 279.65 279.65 - - 279.65 Total 3,009.51 411.69 1,057.22 3,049.69 4,518.60 Nature of undiscounted cash flows As of December 31, 2020 (figures expressed in millions of US dollars) Carrying Less than 1 year 1 to 5 years Over 5 years Total Bank borrowings 70.08 0.94 71.40 - 72.34 Unsecured obligations 1,872.09 88.22 927.17 1,727.14 2,742.53 Sub total 1,942.17 89.16 998.57 1,727.14 2,814.87 Hedging liabilities 40.21 6.06 12.34 11.07 29.47 Derivative financial instruments 5.39 5.39 - - 5.39 Sub total 45.60 11.45 12.34 11.07 34.86 Current and non-current lease liabilities 31.07 6.40 21.04 7.17 34.61 Trade accounts payable and other accounts payable 203.93 203.93 - - 203.93 Total 2,222.77 310.94 1,031.95 1,745.38 3,088.27 As of December 31, 2021, the nominal value of the agreed cash flows in US dollars of the CCS contracts were ThUS$ 549,239 (ThUS$ 565,295 as of December 31, 2020). 4.3 R The Company has methods to measure the effectiveness and efficiency of financial risk hedging strategies, both prospectively and retrospectively. These methods are consistent with the risk management profile of the SQM Group. See Note 12.8. |
Separate information on the mai
Separate information on the main office, parent entity and joint action agreements | 12 Months Ended |
Dec. 31, 2021 | |
Separate Information On The Main Office Parent Entity And Joint Action Agreements [Abstract] | |
Separate information on the main office, parent entity and joint action agreements [Text Block] | Note 5 S 5.1 P Parent’s stand-alone assets and liabilities As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Assets 5,988,757 4,171,768 Liabilities (2,807,237 ) (2,048,683 ) Equity 3,181,520 2,123,085 5.2 P Pursuant to Article 99 of the Securities Market Law, the CMF may determine that a company does not have a controlling entity in accordance with the distribution and dispersion of its ownership. On November 30, 2018, the CMF issued the ordinary letter No. 32,131 whereby it determined that the Pampa Group do not exert decisive power over the management of the Company since it does not have a predominance in the ownership that allows it to make management decisions. Therefore, the CMF has determined not to consider Pampa Group the controlling entity of the Company and that the Company does not have a controlling entity given its current ownership structure. |
Board of Directors, Senior Mana
Board of Directors, Senior Management and Key management personnel | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure of information about Board of Directors Senior Management and Key management personnel [Abstract] | |
Disclosure of Information About Board of Directors Senior Management and Key management personnel [Text Block] | Note 6 B 6.1 R (a) Board of directors SQM S.A. is managed by a Board of Directors which is composed of 8 directors, who are elected for a three-year period. The Board of Directors was elected during the ordinary shareholders’ meeting held on April 25, 2019, which included the election of 2 independent directors. As of December 31, 2021, the Company included the following committees and committee members: - Directors’ Committee: This committee is comprised by Georges de Bourguignon, Laurence Golborne Riveros y Alberto Salas Muñoz, and fulfills the functions established in Article 50 bis of Chilean Law on publicly-held corporations. This committee takes on the role of the audit committee in accordance with the US-based Sarbanes Oxley law. - The Company’s Health, Safety and Environment Committee: This committee is comprised of Gonzalo Guerrero Yamamoto, Patricio Contesse Fica y Ashley Ozols 1 1 Ashley Ozols was appointed a Director on December 22, 2021 to replace Mr Robert Zatta who renounced his position with effect from December 21, 2021 - Corporate Governance Committee: This committee is comprised of Hernán Büchi Buc, Patricio Contesse Fica y Francisco Ugarte Larrain. During the periods covered by these financial statements, there are no pending receivable and payable balances between the Company, its directors or members of Senior Management, other than those related to remuneration, fee allowances and profit-sharing. Except for a consulting contract between the Company and the Director Gonzalo Guerrero as disclosed in Note 11. There were no others transactions conducted between the Company, its directors or members of Senior Management. (b) Board of Directors’ Compensation Directors’ compensation differs according to the period during the corresponding year. Thus, from April 22, 2020 to April 23, 2021 (Period 2020), Directors’ compensation was determined by the annual general shareholders' meeting held on April 22, 2020. While for the following period (Period 2021), Directors’ compensation was determined by the annual general shareholders' meeting held on April 23, 2021. For each of these periods, Directors’ compensation is detailed as follows: Period 2020: (i) The payment of a fixed, gross and monthly amount of UF 800 in favor of the Chairman of the Board of Directors, of UF 700 in favor of the vice-president of the board of directors and of UF 600 in favor of the remaining six directors and regardless of the number of Board of Directors’ Meetings held or not held during the related month. (ii) A variable gross amount payable in national currency to the Chairman and Vice President of the Company equivalent to 0.09% of the net liquid income earned by the Company in 2020; (iii) A variable gross amount payable in local currency to each Company director, excluding the Chairman and Vice President of the Company, equivalent to 0.045% of the net liquid income earned by the Company in 2020. Period 2021: (i) The payment of a fixed, gross and monthly amount of UF 800 in favor of the Chairman of the Board of Directors, of UF 700 in favor of the vice-president of the board of directors and of UF 600 in favor of the remaining six directors and regardless of the number of Board of Directors’ Meetings held or not held during the related month. (ii) A variable gross amount payable in national currency to the Chairman and Vice President of the Company equivalent to 0.12% of the net liquid income that the Company effectively obtains during the 2021; (iii) A variable gross amount payable in local currency to each Company director, excluding the Chairman and Vice President of the Company, equivalent to 0.06% of the net liquid income that the Company effectively obtains during the 2021. These fixed and variable amounts for both periods shall not be challenged and those expressed in percentage terms shall be paid immediately after the respective annual general shareholders meeting approves the financial statements, the annual report, the account inspectors report and the external auditors report for the respective year. All amounts expressed in UF shall be paid in Chilean pesos at its value on the last day of the respective calendar month, as determined by the CMF (formerly Superintendence of Banks and Financial Institutions) the Chilean Central Bank or any other relevant institution that replaces them. Accordingly, the compensation and profit sharing paid to members of the Directors' Committee and the directors as of December 31, 2021 amounted to ThUS$ 3,749 and as of December 31, 2020 to ThUS$ 4,553. (c) Directors’ Committee compensation Directors' Committee compensation differs according to the period during the corresponding year. Thus, for the Period 2020, Directors’ Committee compensation was determined by the annual general shareholders' meeting held on April 22, 2020. While for the Period 2021, Directors’ Committee compensation was determined by the annual general shareholders' meeting held on April 23, 2021. For each of these periods the compensation of the Directors Committee comprises: Period 2020: (i) The payment of a fixed, gross and monthly amount of UF 200 in favor of each of the 3 directors who were members of the Directors’ Committee, regardless of the number of meetings of the Directors’ Committee that have or have not been held during the month concerned. (ii) The payment in domestic currency and in favor of each of the 3 directors of a variable and gross amount equivalent to 0.015% of total net profit that the Company effectively obtains during the 2020 fiscal year. Period 2021: (i) The payment of a fixed, gross and monthly amount of UF 200 in favor of each of the 3 directors who were members of the Directors’ Committee, regardless of the number of meetings of the Directors’ Committee that have or have not been held during the month concerned. (ii) The payment in domestic currency and in favor of each of the 3 directors of a variable and gross amount equivalent to 0.02% of total net profit that the Company effectively obtains during the 2021 fiscal year. These fixed and variable amounts for both periods shall not be challenged and those expressed in percentage terms shall be paid immediately after the respective annual general shareholders meeting approves the financial statements, the annual report, the account inspectors report and the external auditors report for the respective year. All amounts expressed in UF shall be paid in Chilean pesos at its value on the last day of the respective calendar month, as determined by the CMF (formerly Superintendence of Banks and Financial Institutions) the Chilean Central Bank or any other relevant institution that replaces them. (d) Health, Safety and Environmental Matters Committee: The remuneration of this committee for the 2020 period was composed of the payment of a fixed, gross, monthly amount of UF 100 for each of the 3 directors on the committee regardless of the number of meetings it has held. For the 2021 period, this remuneration remains unchanged. (e) Corporate Governance Committee The remuneration for this committee for the 2020 period was composed of the payment of a fixed, gross, monthly amount of UF 100 for each of the 3 directors on the committees regardless of the number of meetings it has held. For the 2021 period, this remuneration remains unchanged. (f) Guarantees constituted in favor of the directors No guarantees have been constituted in favor of the directors. (g) Senior management compensation: (i) This includes monthly fixed salary and variable performance bonuses. (See Note 6.2) (ii) The Company has an annual bonus plan based on goal achievement and individual contribution to the Company’s results. These incentives are structured as a minimum and maximum number of gross monthly salaries and are paid once a year. (iii) In addition, there are retention bonuses for its executives (see Note 17.6) (h) Guarantees pledged in favor of the Company’s management No guarantees have been pledged in favor of the Company’s management. (i) Pensions, life insurance, paid leave, shares in earnings, incentives, disability loans, other than those mentioned in the above points. The Company’s Management and Directors do not receive or have not received any benefit during the ended December 31, 2021 and 2020 or compensation for the concept of pensions, life insurance, paid time off, profit sharing, incentives, or benefits due to disability other than those mentioned in the preceding points. 6.2 K As of December 31, 2021, and 2020, the number of the key management personnel is 127 and 126, respectively. Key management personnel compensation For the year ended 2021 For the year ended 2020 For the year ended 2019 ThUS$ ThUS$ ThUS$ Key management personnel compensation 31,560 23,770 22,598 Please also see the description of the compensation plan for executives in Note 17.6. |
Equity-accounted investees
Equity-accounted investees | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure Of Equity-accounted investees [Abstract] | |
Disclosure of investments accounted for using equity method [text block] | Note 7 E 7.1 I Equity-accounted investees Share in profit (loss) of associates Share in other comprehensive income of Share in total comprehensive income of Associate As of As of As of Fort the year Fort the year Fort the year Fort the year Fort the year Fort the year Fort the year ended Fort the year Fort the year ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Abu Dhabi Fertilizer Industries WWL - 11,505 11,609 - (156 ) 634 - - 1 - (156 ) 635 Doktor Tarsa Tarim Sanayi AS (*) - - 26,001 - 4,031 3,912 - - 198 - 4,031 4,110 Ajay North America 15,899 14,468 14,669 2,802 2,191 2,871 - - - 2,802 2,191 2,871 Ajay Europe SARL 8,213 7,875 7,451 1,852 1,029 1,165 360 756 (179 ) 2,212 1,785 986 SQM Eastmed Turkey (*) - - 623 - 247 354 - - (42 ) - 247 312 Kore Potash PLC (**) - 26,175 24,739 - (224 ) (534 ) - (374 ) (549 ) - (598 ) (1,083 ) Total 24,112 60,023 85,092 4,654 7,118 8,402 360 382 (571 ) 5,014 7,500 7,831 (*) These investments were disposed of in 2020 (**) For more details, see Note 7.3 (a). Dividends received for the year ending Associate Description of the nature of the relationship Address Country of Share of December 31, December 31, December 31, ThUS$ ThUS$ ThUS$ Abu Dhabi Fertilizer Industries WWL Distribution and commercialization of specialty plant nutrients in the Middle East. PO Box 71871, Abu Dhabi United Arab Emirates 37 % 9,438 - - Ajay North America Production and distribution of iodine and iodine derivatives. 1400 Industry RD Power Springs GA 30129 United States of North America 49 % 1,233 1,967 2,796 Ajay Europe SARL Production and distribution of iodine and iodine derivatives. Z.I. du Grand Verger BP 227 53602 Evron Cedex France 50 % 992 1,197 1,055 Kore Potash Ltd Prospecting, exploration and mining development L 3 88 William ST Perth, was 6000 United Kingdom 14.65 % - - - Doktor Tarsa Tarim Sanayi AS Distribution and commercialization of specialty plant nutrients in the Turkey. Organize Sanayi Bolgesi, Ikinci Kisim, 22 cadde TR07100 Antalya Turkey 50 % SQM Eastmed Turkey Production and trading of specialty products. Organize Sanayi Bolgesi, Ikinci Kisim, 22 cadde TR07100 Antalya Turkey 50 % - - - Total 11,663 3,164 3,851 7.2 A As of December 31, 2021 For the year ended as of December 31, 2021 Assets Liabilities Other Associate Current Non-current Current Non-current Revenue Net gain (loss) comprehensive Comprehensive ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Ajay North America 21,771 15,096 4,421 - 47,375 5,718 - 5,718 Ajay Europe SARL 25,927 1,241 10,742 - 48,409 3,705 (34 ) 3,671 Total 47,698 16,337 15,163 - 95,784 9,423 (34 ) 9,389 As of December 31, 2020 For the year ended as of December 31, 2020 Assets Liabilities Other Associate Current Non-current Current Non-current Revenue Net gain (loss) comprehensive Comprehensive ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Abu Dhabi Fertilizer Industries WWL 29,313 8,586 6,706 101 6,641 (420 ) - (420 ) Ajay North America 18,513 15,749 4,737 - 42,920 4,471 - 4,471 Ajay Europe SARL 22,032 1,493 7,773 - 41,950 2,058 1,736 3,794 Kore Potash PLC 5,691 124,112 786 - - (3,233 ) 486 (2,747 ) Total 75,549 149,940 20,002 101 91,511 2,876 2,222 5,098 As of December 31, 2019 For the year ended as of December 31, 2019 Assets Liabilities Other Associate Current Non-current Current Non-current Revenue Net gain (loss) comprehensive Comprehensive ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Abu Dhabi Fertilizer Industries WWL 28,543 9,971 7,133 - 31,588 1,713 4 1,717 Doktor Tarsa Tarim Sanayi AS 97,797 15,196 22,420 38,522 93,768 7,824 396 8,220 Ajay North America 19,748 13,250 3,061 - 38,833 5,860 - 5,860 Ajay Europe SARL 19,589 1,456 6,144 - 35,709 2,329 (358 ) 1,971 SQM Eastmed Turkey 2,718 1,833 2,600 704 3,086 709 (84 ) 625 Kore Potash PLC 7,938 119,362 2,214 - - (2,716 ) (2,791 ) (5,507 ) Total 176,333 161,068 43,572 39,226 202,984 15,719 (2,833 ) 12,886 7.3 D (a) Transactions for the year ended December 31, 2021 · During the first quarter 2021, Kore Potash PLC made a share payment to its non-executive board members (remuneration shares) plus certain employees and former employees (performance shares) which resulted in a 0.05% share reduction for the company, leaving it with 20.15%. During the second quarter of 2021, Kore Potash PLC approved a capital stock increase of ThUS$ 13,931 through the issuance of common shares, which resulted in a dilution of 5.5% of SQM shares in the company, with an impact of ThUS$ (5,778) on other losses. As a result of the dilution, the Company considers that there has been a loss of significant influence on the investment, discontinued the measurement through the equity method, and recognized an amount of ThUS$ 3,739 under other gains (losses) as items in other comprehensive income associated with this investment. See Note 12.1 for more details. · As of December 31, 2021, the Company has received dividends from Abu Dhabi Fertilizer Industries WWL of ThUS$ 9,438 and r dividends receivable amounting ThUS$ 2,099. · On June 30, 2021, the Company made an assessment of the recovery of the investment in Abu Dhabi Fertilizer Industries WWL and recognized an impairment of ThUS$ 2,800 in other losses. This impairment was reversed during the second half of the year due to the recoverable amount of the investment subsequently increased. (b) Transactions for the year ended December 31, 2020 · Kore Potash PLC made a share payment to its non-executive board members, which resulted in a 0.60% share reduction for the company, finalizing with a share percentage of 19.07% at the close of the second quarter of 2020. This resulted in a transfer in equity of non-controlling interest to other reserves in an amount of ThUS$ 754. · In the third quarter of 2020 SQM S.A. increased its shares in Kore Potash PLC to 20.26% as a result of the acquisition of 260,598,591 shares out of 584,753,846 shares issued for a capital increase corresponding to ThUS$ 1,679. · In the third quarter of 2020, shares held in Doktor Tarsa Tarim and its subsidiaries were sold through Soquimich European Holdings B.V. at a value of ThUS$ 33,066, which brought about a loss of ThUS$ 11,408. · In the third quarter of 2020, shares held in SQM Eastmed Turkey were sold through Soquimich European Holdings B.V. at a value of ThUS$ 618, which brought about a loss of ThUS$ 408. · During the fourth quarter of 2020, SQM Holland (subsidiary) acquired the business of WSNPK from Plantacote N.V. (subsidiary of Doktor Tarsa Tarim Sanayi AS) for ThUS$ 16,757, which generated goodwill of ThUS$ 7,380. See Note 14. · During the fourth quarter of 2020, Kore Potash PLC made a share-based payment to its non-executive board members, which resulted in a 0.06% share reduction for the company, finalizing with a share percentage of 20.20%. This resulted in a decrease in consolidated equity of non-controlling interests in other reserves of ThUS$ 79. (c) Transactions for the year ended December 31, 2019 · SQM S.A. increased the capital of Kore Potash Ltd by ThUS$ 2,600 in July 2019, which increased its interest to 19.67% of the shareholder’s investment. · On December 11, 2019, Doktor Tarsa Tarim Sanayi AS acquired 100% of the shares in Doctochem Tarim Sanayi Ticaret LTD. |
Joint Ventures
Joint Ventures | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure Of Joint Ventures Explanatory [Abstract] | |
Disclosure of joint ventures [text block] | Note 8 J 8.1 I Equity-accounted investees Share in profit (loss) of joint ventures Joint Venture As of As of As of For the year ended For the year ended For the year ended ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Coromandel SQM India (*) - - 1,568 - - (98 ) SQM Vitas Fzco. 8,682 9,720 9,111 6,304 2,010 1,797 SQM Qingdao Star Corp Nutrition Co. Ltd. (*) - - 3,464 - 83 296 SQM Vitas B.V. - - 1,304 - - (15 ) Pavoni & C. Spa 7,030 7,222 6,864 174 9 36 Covalent Lithium Pty Ltd. (**) - - 40 - - - Sichuan SQM Migao Chemical Fertilizers Co Ltd. - 9,028 1,992 - (280 ) (632 ) Total 15,712 25,970 24,343 6,478 1,822 1,384 Share on other comprehensive income joint ventures Share on total comprehensive income of joint ventures Joint Venture For the year ended For the year ended For the year ended For the year ended For the year ended For the year ended ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Coromandel SQM India (*) - - (38 ) - - (136 ) SQM Vitas Fzco. 429 (1,469 ) 437 6,733 541 2,234 SQM Qingdao Star Corp Nutrition Co. Ltd. (*) - - - - 83 296 SQM Vitas B.V. - - (27 ) - - (42 ) Pavoni & C. Spa (317 ) 349 (255 ) (143 ) 358 (219 ) Covalent Lithium Pty Ltd. (**) 37 16 (13 ) 37 16 (13 ) Sichuan SQM Migao Chemical Fertilizers Co Ltd. - - - - (280 ) (632 ) Total 149 (1,104 ) 104 6,627 718 1,488 (*) These investments were disposed of in 2020 (**) See more details in Note 8.4 (a). The amounts described in the following box represent numbers used in the consolidation of the company: Equity-accounted investees Share in profit (loss) of joint ventures accounted for using the Joint Venture As of As of As of For the year ended For the year ended For the year ended ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Vitas Brasil Agroindustria (1) - 3,511 5,347 4,582 1,018 564 SQM Vitas Perú S.A.C. (1) 4,681 1,659 1,955 1,645 660 211 Arpa Speciali S.R.L. - - 92 - - 31 Total 4,681 5,170 7,394 6,227 1,678 806 Share on other comprehensive income of joint ventures Share on total comprehensive income of joint ventures Joint Venture For the year ended For the year ended For the year ended For the year ended For the year ended For the year ended ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Vitas Brasil Agroindustria (1) (429 ) (1,469 ) (225 ) 4,153 (451 ) 339 SQM Vitas Perú S.A.C. (1) - - 661 1,645 660 872 Arpa Speciali S.R.L. - - (1 ) - - 30 Total (429 ) (1,469 ) 435 5,798 209 1,241 The companies are subsidiaries of: SQM Vitas Fzco. Dividends received for the year ending Joint venture Description of the nature of the relationship Domicile Country of Share of December 31, December 31, December 31, ThUS$ ThUS$ ThUS$ Sichuan SQM Migao Chemical Fertilizers Co Ltd. Production and distribution of soluble fertilizers. Huangjing Road, Dawan Town, Qingbaijiang Dristrict, Chengdu Municipality, Sichuan Province China 50 % - - - Coromandel SQM India Production and distribution of potassium nitrate. 1-2-10, Sardar Patel Road, Secunderabad – 500003 Andhra Pradesh India 50 % - - - SQM Vitas Fzco. Production and commercialization of specialty plant, animal nutrition and industrial hygiene. Jebel ALI Free Zone P.O. Box 18222, Dubai United Arab Emirates 50 % - - 10,598 SQM Qingdao Star Corp Nutrition Co. Ltd. Production and distribution of nutrient plant solutions with specialties NPK soluble. Longquan Town, Jimo City, Qingdao Municipality, Shangdong Province China 50 % - 2,223 - Pavoni & C. Spa Production of specialty fertilizers and others for distribution in Italy and other countries. Corso Italia 172, 95129 Catania (CT), Sicilia Italy 50 % - - - Covalent Lithium Pty Ltd. Development and operation of the Mt. Holland Lithium project, which will include the construction of a lithium extraction and refining mine. L18, 109 St Georges Tce Perth WA 6000 |PO Box Z5200 St Georges Tce Perth WA 6831 Australia 50 % - - - Total - 2,223 10,598 The companies described in the following table are related to the following joint ventures: (1) SQM Vitas Fzco. (2) Pavoni & C. Spa. Dividends received for the year ending Joint venture Description of the nature of the relationship Domicile Country of Share of December 31, December 31, December 31, ThUS$ ThUS$ ThUS$ SQM Vitas Brasil Agroindustria (1) Production and trading of specialty vegetable and animal nutrition and industrial hygiene. Via Cndeias, Km. 01 Sem Numero, Lote 4, Bairro Cia Norte, Candeias, Bahia. Brazil 49.99 % - - - SQM Vitas Perú S.A.C. (1) Production and trading of specialty vegetable and animal nutrition and industrial hygiene Av. Juan de Arona 187, Torre B, Oficina 301-II, San Isidro, Lima Peru 50 % - - - Arpa Speciali S.R.L. (2) Production of specialty fertilizers and others for distribution in Italy and other countries. Mantova (MN) Via Cremona 27 Int. 25 Italy 50.48 % - - - Total - - - (*) The percentages presented correspond to the ownership used in the consolidation of the company. F-61 Notes to the Consolidated Financial Statements 8.2 A As of December 31, 2021 For the year ended December 31, 2021 Assets Liabilities Other Joint Venture Current Non-current Current Non-current Revenue Net gain (loss) comprehensive Comprehensive ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Vitas Fzco. 9,606 20,206 215 - - 12,608 - 12,608 SQM Vitas Brasil Agroindustria 73,500 4,846 68,794 - 103,335 9,165 (858 ) 8,307 SQM Vitas Perú S.A.C. 28,610 7,347 24,473 828 48,128 3,289 - 3,289 Pavoni & C. Spa 12,885 6,714 11,226 725 19,599 347 (634 ) (287 ) Covalent Lithium Pty Ltd. 3,904 2,636 7,498 1,489 - (864 ) 74 (790 ) Total 128,505 41,749 112,206 3,042 171,062 24,545 (1,418 ) 23,127 As of December 31, 2020 For the year ended December 31, 2020 Assets Liabilities Other Joint Venture Current Non-current Current Non-current Revenue Net gain (loss) comprehensive Comprehensive ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Sichuan SQM Migao Chemical Fertilizers Co Ltd. 29,507 4,412 14,156 - 9 (562 ) - (562 ) SQM Vitas Fzco. (496 ) 20,431 496 - - 4,019 - 4,019 SQM Vitas Brasil Agroindustria 40,064 5,527 33,410 - 78,960 2,036 (2,938 ) (902 ) SQM Vitas Perú S.A.C. 34,548 7,928 33,145 1,080 37,591 1,319 - 1,319 Pavoni & C. Spa 10,645 7,493 9,270 836 15,958 16 698 714 Covalent Lithium Pty Ltd. 1,418 2,131 2,823 910 - (232 ) 33 (199 ) Total 115,686 47,922 93,300 2,826 132,518 6,596 (2,207 ) 4,389 F-62 Notes to the Consolidated Financial Statements As of December 31, 2019 For the year ended December 31, 2019 Assets Liabilities Other Joint Venture Current Non-current Current Non-current Revenue Net gain (loss) comprehensive Comprehensive ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Sichuan SQM Migao Chemical Fertilizers Co Ltd. 28,668 5,129 13,472 - 7 (1,262 ) - (1,262 ) Coromandel SQM India 4,504 633 1,704 - 8,197 (197 ) (77 ) (274 ) SQM Vitas Fzco. 9,695 1 1,136 - 36 3,595 (876 ) 2,719 SQM Qingdao Star Corp Nutrition Co. Ltd. 7,534 26 632 - 12,003 592 - 592 SQM Vitas B.V. 2,609 - 2 - - (30 ) (53 ) (83 ) SQM Vitas Brasil Agroindustria 46,118 7,299 40,334 - 87,901 1,128 (451 ) 677 SQM Vitas Perú S.A.C. 29,452 8,378 24,855 6,044 28,590 421 1,322 1,743 Pavoni & C. Spa 9,444 7,074 8,466 735 14,296 71 (510 ) (439 ) Covalent Lithium Pty Ltd. 1,616 958 2,111 383 - - (25 ) (25 ) Total 139,640 29,498 92,712 7,162 151,030 4,318 (670 ) 3,648 8.3 O Cash and cash equivalents Other current financial liabilities Other non-current financial liabilities Joint Venture As of December 31, 2021 As of December 31, 2020 As of December 31, 2021 As of December 31, 2020 As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Sichuan SQM Migao Chemical Fertilizers Co Ltd. - 30 - - - - SQM Vitas Fzco. 4,115 4,251 - - - - SQM Vitas Brasil Agroindustria 4,132 4,065 10,416 6,820 - - SQM Vitas Perú S.A.C. 380 1,043 238 227 289 691 Pavoni & C. Spa 787 767 7,561 5,573 - - Covalent Lithium Pty Ltd. 3,858 653 980 953 - - Total 13,272 10,809 19,195 13,573 289 691 Depreciation and amortization expense Interest expense Income tax benefit (expense) Joint Venture For the year ended December 31, 2021 For the year ended December 31, 2020 For the year ended December 31, 2021 For the year ended December 31, 2020 For the year ended December 31, 2021 For the year ended December 31, 2020 ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Sichuan SQM Migao Chemical Fertilizers Co Ltd. - (394 ) - - - 244 SQM Vitas Fzco. - (1 ) (1 ) (2 ) - - SQM Vitas Brasil Agroindustria (278 ) (355 ) (367 ) (656 ) (1,985 ) (34 ) SQM Vitas Perú S.A.C. (354 ) (257 ) (311 ) (326 ) (1,692 ) (197 ) Pavoni & C. Spa (245 ) (263 ) (459 ) (410 ) (173 ) (120 ) Covalent Lithium Pty Ltd. (167 ) (213 ) (55 ) (18 ) 343 714 Total (1,044 ) (1,483 ) (1,193 ) (1,412 ) (3,507 ) 607 8.4 D a) Transactions for the year ended December 31, 2021 · On February 9, 2021, two of the Company’s subsidiaries signed an agreement to terminate a dispute related to sales contracts and interest in the joint venture of Sichuan SQM Migao Chemical Fertilizers Co Ltd. Consequently, the Company received US$ 11.5 million. b) Transactions for the year ended December 31, 2020 · SQM Vitas BV became a wholly owned subsidiary of the Company during the second quarter of 2020, through its subsidiary Soquimich European Holdings, at a cost of ThUS$ 1,276 and its name has been changed to SQM Holland. See Note 7.1. · In the second quarter of 2020, shares held in Arpa Speciali S.R.L. were sold through SQM Pavoni & C., SpA. At a value of ThUS$ 56, which brought about a loss of ThUS$ 125. An initial installment of ThUS$ 17 was charged, leaving two pending installments of ThUS$ 20 maturing June 30, 2021 and June 30, 2022. The pending installments are classified as other accounts receivable. · In the third quarter of 2020, shares held in Coromandel SQM India were sold through Soquimich European Holdings B.V. at a value of ThUS$ 1,604, which brought about a loss of ThUS$ 643. · During fourth quarter of 2020, the shares in SQM Qingdao-Star Co, Ltd. were sold through SQM Industrial S.A. for ThUS$ 1,303, which brought about a gain of ThUS$ 62. As of December 31, 2020, the sale proceeds were recorded in other receivables. · A subsequent event associated with the joint venture with Sichuan SQM Migao Chemical Fertilizers Co Ltd.. Accordingly, the effect on the statement of income for the fourth quarter of 2020 under "Other gains (losses)" is a gain of ThUS$ 7,036 on the reversal of the impairment associated with this investment. c) Transactions for the year ended December 31, 2019 · On January 01, 2019, SQM Vitas Perú changed its functional currency from the Peruvian sol to Dollar. 8.5 J In 2017, together with our subsidiary SQM Australia Pty, we entered into an agreement to acquire 50% of the assets of the Mt . . As of December 31, 2020, the Company had made contributions in the amount of US$ 30 million, of which, US$ 15 million was paid in favor of the partner in the project and presented as other receivables. As of March 2021, this receivable was collected when it was contributed to Mt . |
Cash and cash equivalents
Cash and cash equivalents | 12 Months Ended |
Dec. 31, 2021 | |
DisclosureOfCashAndCashEquivalentsExplanatory [Abstract] | |
Cash and cash equivalents | Note 9 C 9.1 T As of December 31, 2021, and 2020, cash and cash equivalents are detailed as follows: Cash As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Cash on hand 44 54 Cash in banks 662,407 244,548 Other demand deposits - 2,527 Total Cash 662,451 247,129 Cash equivalents As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Short-term deposits, classified as cash equivalents 237,655 51,595 Short-term investments, classified as cash equivalents 614,945 210,378 Total cash equivalents 852,600 261,973 Total cash and cash equivalents 1,515,051 509,102 9.2 S As of December 31, 2021, and 2020, the short-term investments classified as cash and cash equivalents relate to mutual funds (investment liquidity funds) for investments in: Institution As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Legg Mason - Western Asset Institutional Cash Reserves 233,648 107,625 JP Morgan US dollar Liquidity Fund Institutional 381,297 102,753 Total 614,945 210,378 Short-term investments are highly liquid mutual funds that are basically invested in short-term fixed rate notes in the U.S. market. 9.3 I As of December 31, 2021, and 2020, information on cash and cash equivalents by currency is detailed as follows: Currency As of December 31, 2021 As of December 31, ThUS$ ThUS$ Peso (*) 4,416 7,190 Dollar 1,377,983 454,402 Euro 14,374 17,144 Mexican Peso 1,827 1,378 South African Rand 13,048 14,286 Japanese Yen 1,182 1,646 Peruvian Sol 6 3 Indian rupee - 6 Chinese Yuan 30,102 11,597 Indonesian rupee 3 3 Pound Sterling 1 19 Australian Dollar 72,107 1,411 South Korean won - 16 Dirham United Arab Emirates 1 - Polish Zloty 1 1 Total 1,515,051 509,102 (*) The Company maintains financial derivative instruments policies which allow management to convert term deposits denominated in pesos and UF to Dollars. 9.4 A The Company has granted a guarantee consisting of financial instruments, specified in deposits, custody and administration to Banco de Chile, for its subsidiary Isapre Norte Grande Ltda., in compliance with the provisions of the Superintendence of Health, which regulates social security health institutions. According to the regulations of the Superintendence of Health, this guarantee is for the total payable to its affiliates and medical providers. Banco de Chile reports the current value of the guarantee to the Superintendence of Health and Isapre Norte Grande Ltda. on a daily basis. As of December 31, 2021, and, 2020 pledged assets are as follows Restricted cash balances As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Isapre Norte Grande Ltda. 622 731 Total 622 731 9.5 S The detail at the end of each balance date is as follows: Receiver of the deposit Type of deposit Original Interest Rate Placement date Expiration date Principal Interest As of December 31, 2021 ThUS$ ThUS$ ThUS$ Others banks Fixed term Dollar 0.58 % 11-30-2021 02-28-2022 200,000 100 200,100 Banco BCI Fixed term Dollar 0.31 % 12-24-2021 02-28-2022 1,250 - 1,250 Banco BCI Fixed term Dollar 0.36 % 12-07-2021 01-14-2022 8,000 2 8,002 Banco BCI Fixed term Dollar 0.28 % 12-30-2021 01-14-2022 500 - 500 Banco Santander Fixed term Dollar 3.12 % 12-30-2021 01-06-2022 3,550 2 3,552 Banco Santander Fixed term Dollar 0.26 % 12-16-2021 01-31-2022 2,500 - 2,500 Banco Santander Fixed term Dollar 0.40 % 12-27-2021 03-04-2022 1,500 - 1,500 Banco Santander Fixed term Dollar 0.40 % 12-29-2021 01-27-2022 1,500 - 1,500 Banco Itaú Corpbanca Fixed term Dollar 0.30 % 12-14-2021 01-07-2022 5,000 1 5,001 Banco Itaú Corpbanca Fixed term Dollar 0.37 % 12-28-2021 01-24-2022 1,000 - 1,000 Banco Itaú Corpbanca Fixed term Dollar 0.34 % 12-07-2021 01-28-2022 2,000 - 2,000 Scotiabank Sud Americano Fixed term Dollar 0.27 % 12-24-2021 02-28-2022 2,750 - 2,750 Scotiabank Sud Americano Fixed term Dollar 0.06 % 12-17-2021 01-31-2022 3,000 - 3,000 Scotiabank Sud Americano Fixed term Dollar 0.07 % 12-03-2021 01-18-2022 5,000 - 5,000 Total 237,550 105 237,655 Receiver of the deposit Type of deposit Original Interest Rate Placement date Expiration date Principal Interest As of December 31, ThUS$ ThUS$ ThUS$ Banco Santander – Santiago Fixed term Dollar 0.35 % 12-30-2020 03-30-2021 7,000 - 7,000 Scotiabank Sud Americano Fixed term Dollar 0.35 % 11-30-2020 01-08-2021 1,500 1 1,501 Banco de Chile Fixed term Dollar 0.61 % 11-30-2020 01-08-2021 2,000 1 2,001 Banco de Chile Fixed term Dollar 0.61 % 11-30-2020 01-08-2021 3,500 1 3,501 Banco crédito e Inversiones Fixed term Dollar 0.46 % 12-01-2020 01-15-2021 500 - 500 Scotiabank Sud Americano Fixed term Dollar 0.40 % 12-01-2020 01-15-2021 500 - 500 Scotiabank Sud Americano Fixed term Dollar 0.40 % 12-02-2020 01-20-2021 2,500 1 2,501 Banco Santander – Santiago Fixed term Dollar 0.50 % 12-09-2020 01-25-2021 500 - 500 Scotiabank Sud Americano Fixed term Dollar 0.50 % 12-09-2020 01-25-2021 1,000 - 1,000 Banco Santander – Santiago Fixed term Dollar 0.50 % 12-09-2020 01-25-2021 6,000 1 6,001 Banco crédito e Inversiones Fixed term Dollar 0.51 % 12-09-2020 01-25-2021 6,000 1 6,001 Banco crédito e Inversiones Fixed term Dollar 0.26 % 12-14-2020 01-29-2021 500 - 500 Banco Estado Fixed term Dollar 0.14 % 12-14-2020 01-29-2021 1,000 1 1,001 Scotiabank Sud Americano Fixed term Dollar 0.40 % 12-14-2020 01-29-2021 1,500 - 1,500 Banco de Chile Fixed term Dollar 0.56 % 12-14-2020 01-29-2021 5,000 1 5,001 Banco Itaú Corpbanca Fixed term Dollar 0.68 % 12-18-2020 02-01-2021 500 - 500 Banco Itaú Corpbanca Fixed term Dollar 0.68 % 12-18-2020 02-01-2021 2,000 1 2,001 Banco crédito e Inversiones Fixed term Dollar 0.20 % 12-23-2020 02-05-2021 2,000 1 2,001 Banco Itaú Corpbanca Fixed term Dollar 0.40 % 12-24-2020 02-08-2021 1,000 - 1,000 Banco Santander – Santiago Fixed term Dollar 0.26 % 12-29-2020 01-08-2021 2,500 1 2,501 Banco Santander – Santiago Fixed term Dollar 0.15 % 12-30-2020 02-12-2021 700 - 700 Banco Itaú Corpbanca Fixed term Peso 0.35 % 12-29-2020 01-05-2021 3,798 - 3,798 BBVA Banco Francés Fixed term Dollar 1.80 % 12-31-2020 03-06-2021 86 - 86 Total 51,584 11 51,595 |
Inventories
Inventories | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure Of Inventories Explanatory [Abstract] | |
Disclosure of inventories [text block] | Note 10 I The composition of inventory at each period-end is as follows: Type of inventory As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Raw material 12,508 10,694 Production supplies 41,114 31,007 Products-in-progress 527,118 487,830 Finished product 603,036 563,497 Total 1,183,776 1,093,028 As of December 31, 2021, and 2020, the Company held caliche stockpiles, solutions in solar ponds and intermediary salts amounting ThUS$ 458,913 and ThUS$ 422,535, respectively (including products in progress). As of December 31, 2021, bulk inventories recognized within work in progress and finished goods were ThUS$ 111,316 and ThUS$ 99,551 respectively. As of December 31, 2020, bulk inventories recognized within work in progress and finished goods were ThUS$ 108,909 and ThUS$ 176,561, respectively. As of December 31, 2021, and 2020, inventory allowances recognized, amounted to ThUS$ 75,892 and ThUS$ 80,930, respectively. For finished and in-process products, recognized allowances include the provision associated with the lower value of stock (considers lower realizable value, uncertain future use, reprocessing costs of off-specification products, etc.), provision for inventory differences and the provision for potential errors in the determination of inventories (e.g., errors in topography, grade, moisture, etc.). (see Note 3.14). For raw materials, supplies, materials and parts, the lower value provision was associated to the proportion of defective materials and potential differences. The breakdown of inventory allowances is detailed as follows: Type of inventory As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Raw material and supplies for production 1,865 1,934 Products-in-progress 59,858 66,122 Finished product 14,169 12,874 Total 75,892 80,930 The Company has not pledged inventory as collateral for the periods indicated above. As of December 31, 2021, and 2020, movements in provisions are detailed as follows: Conciliation As of December 31, 2021 As of December 31, 2020 As of December 31, 2019 ThUS$ ThUS$ ThUS$ Beginning balance 80,930 88,174 105,282 Increase in Lower Value (1) (3,650 ) (5,404 ) (6,987 ) Additional Provision Differences of Inventory (2) 330 (704 ) (123 ) Increase / Decrease eventual differences and others (3) - 1,244 (6,262 ) Provision Used (1,718 ) (2,380 ) (3,736 ) Total changes (5,038 ) (7,244 ) (17,108 ) Final balance 75,892 80,930 88,174 (1) There are three types of Lower Value Provisions: (a) Economic Realizable Lower Value, (b) Potential Inventory with Uncertain Future Use and (c) Reprocessing Costs of Off-Specification Products. (2) Provisions for Inventory Differences generated when physical differences are detected when taking inventory, which exceed the tolerance levels for this process. (3) This algorithm corresponds to the provision of diverse percentages based on the complexity in the measurement and rotation of stock, as well as standard differences based on previous results, as is the case with provisions relating to Commercial Offices. |
Related party disclosures
Related party disclosures | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure Of Related Party Explanatory [Abstract] | |
Disclosure of related party [text block] | Note 11 R 11.1 R Balances pending at period-end are not guaranteed, accrue no interest and are settled in cash, no guarantees have been delivered or received for trade and other receivables due from related parties or trade and other payables due to related parties. 11.2 R Pursuant to Article 99 of Law of the Securities Market Law, the CMF may determine that a company does not have a controlling entity in accordance with the distribution and dispersion of its ownership. On November 30, 2018, the CMF issued the ordinary letter No. 32,131 whereby it determined that Pampa Group, do not exert decisive power over the management of the Company since it does not have a predominance in the ownership that allows it to make management decisions. Therefore, the CMF has determined not to consider Pampa Group as the controlling entity of the Company and that the Company does not have a controlling entity given its current ownership structure. 11.3 D As of December 31, 2021 and 2020, the detail of entities that are identified as subsidiaries or related parties of the SQM Group is as follows: Tax ID No Name Country of origin Functional currency Nature Foreign Nitratos Naturais Do Chile Ltda. Brazil Dollar Subsidiary Foreign SQM North America Corp. United States Dollar Subsidiary Foreign SQM Europe N.V. Belgium Dollar Subsidiary Foreign Soquimich European Holding B.V. Netherlands Dollar Subsidiary Foreign SQM Corporation N.V. Curacao Dollar Subsidiary Foreign SQM Comercial De México S.A. de C.V. Mexico Dollar Subsidiary Foreign North American Trading Company United States Dollar Subsidiary Foreign Administración y Servicios Santiago S.A. de C.V. Mexico Dollar Subsidiary Foreign SQM Perú S.A. Peru Dollar Subsidiary Foreign SQM Ecuador S.A. Ecuador Dollar Subsidiary Foreign SQM Nitratos Mexico S.A. de C.V. Mexico Dollar Subsidiary Foreign SQMC Holding Corporation L.L.P. United States Dollar Subsidiary Foreign SQM Investment Corporation N.V. Curacao Dollar Subsidiary Foreign SQM Brasil Limitada Brazil Dollar Subsidiary Foreign SQM France S.A. France Dollar Subsidiary Foreign SQM Japan Co. Ltd. Japan Dollar Subsidiary Foreign Royal Seed Trading Corporation A.V.V. Aruba Dollar Subsidiary Foreign SQM Oceania Pty Limited Australia Dollar Subsidiary Foreign Rs Agro-Chemical Trading Corporation A.V.V. Aruba Dollar Subsidiary Foreign SQM Indonesia S.A. Indonesia Dollar Subsidiary Foreign SQM Virginia L.L.C. United States Dollar Subsidiary Foreign Comercial Caimán Internacional S.A. Panama Dollar Subsidiary Foreign SQM África Pty. Ltd. South Africa Dollar Subsidiary Foreign SQM Colombia SAS Colombia Dollar Subsidiary Foreign SQM Internacional N.V. Belgium Dollar Subsidiary Foreign SQM (Shanghai) Chemicals Co. Ltd. China Dollar Subsidiary Foreign SQM Lithium Specialties LLC United States Dollar Subsidiary Foreign SQM Iberian S.A. Spain Dollar Subsidiary Foreign SQM Beijing Commercial Co. Ltd. China Dollar Subsidiary Foreign SQM Thailand Limited Thailand Dollar Subsidiary Foreign SQM Australia PTY Australia Dollar Subsidiary Foreign SQM Holland B.V. Netherlands Dollar Subsidiary Foreign SQM Korea LLC Korea Dollar Subsidiary 96.801.610-5 Comercial Hydro S.A. Chile Dollar Subsidiary 96.651.060-9 SQM Potasio S.A. Chile Dollar Subsidiary 96.592.190-7 SQM Nitratos S.A. Chile Dollar Subsidiary 96.592.180-K Ajay SQM Chile S.A. Chile Dollar Subsidiary 79.947.100-0 SQM Industrial S.A. Chile Dollar Subsidiary 79.906.120-1 Isapre Norte Grande Ltda. Chile Peso Subsidiary 79.876.080-7 Almacenes y Depósitos Ltda. Chile Peso Subsidiary Below is a list of transactions with clients and suppliers with whom a relationship with key Company personnel was identified: Tax ID No Name Country of origin Nature 76.389.727-3 Sociedad Periodística El Libero Chile Other related parties 90.193.000-7 El Mercurio S.A.P. Chile Other related parties 92.580.000-7 Empresa Nacional de Telecomunicaciones S.A. Chile Other related parties 96.806.980-2 Entel PCS Telecomunicaciones S.A. Chile Other related parties 97.004.000-5 Banco de Chile Chile Other related parties 99.012.000-5 Compañía de Seguros de Vida Consorcio Nacional Chile Other related parties 10.581.580-8 Gonzalo Guerrero Yamamoto Chile Other related parties 71.644.300-0 Universidad del Desarrollo Chile Other related parties 96.529.340-K Norte Grande S.A. Chile Other related parties 11.4 D Transactions between the Company and its subsidiaries, associated businesses, joint ventures and other related parties are part of the Company's common transactions. Their conditions are those customary for this type of transactions in respect of terms and market prices. Maturity terms for each case vary by virtue of the transaction giving rise to them. For the year ended December 31, 2021 and 2020, the detail of significant transactions with related parties is as follows Tax ID No Name Nature Country of origin Transaction As of As of As of ThUS$ ThUS$ ThUS$ Foreign Doktor Tarsa Tarim Sanayi AS Associate Turkey Sale of products - 1,053 14,767 Foreign Ajay Europe S.A.R.L. Associate France Sale of products 39,760 23,162 21,348 Foreign Ajay Europe S.A.R.L. Associate France Dividends 992 1,197 1,055 Foreign Ajay North America LL.C. Associate United State Sale of products 27,763 20,259 16,932 Foreign Ajay North America LL.C. Associate United States Dividends 1,233 1,967 2,796 Foreign Abu Dhabi Fertilizer Industries WWL Associate United Arab Emirates Dividends 9,438 - - Foreign Abu Dhabi Fertilizer Industries WWL Associate United Arab Emirates Sale of products - - 3,749 Foreign SQM Vitas Brasil Agroindustria Other related parties Brazil Sale of products 79,086 41,341 46,876 Foreign SQM Vitas Perú S.A.C. Other related parties Perú Sale of products 17,016 17,723 24,138 Foreign Coromandel SQM India Joint venture India Sale of products 2,060 1,510 3,955 Foreign SQM Star Qingdao Corp Nutrition Co., Ltd. Joint venture China Dividends - 2,223 - Foreign SQM Star Qingdao Corp Nutrition Co., Ltd. Joint venture China Sale of products - - 1,929 Foreign Terra Tarsa Ukraine LLC Other related parties Ukraine Sale of products - 737 1,280 Foreign Pavoni & CPA Joint venture Italy Sale of products 961 1,125 3,152 Foreign Plantacote NV Other related parties Belgium Sale of products - - 4,096 Foreign Arpa Speciali S.R.L. Other related parties Italy Sale of products - - 2,359 Foreign Terra Tarsa Don LLC Other related parties Russian Federation Sale of products - - 40 Foreign SQM Eastmed Turkey Associate Turkey Sale of products - - 47 Chile Banco de Chile Other related parties Chile Service Provider (20,904 ) - - Chile Norte Grande S.A. Other related parties Chile Client 146 - - Chile El Mercurio S.A.P. Other related parties Chile Service Provider (131 ) - - Chile Compañía de Seguros de Vida Consorcio Nacional Other related parties Chile Service Provider (134 ) - - Chile Entel PCS Telecomunicaciones S.A. Other related parties Chile Service Provider (157 ) - - Chile Empresa Nacional de Telecomunicaciones Other related parties Chile Service Provider (2,393 ) - - 11.5 T Tax ID No Name Nature Country of origin Currency As of December 31, As of December 31, 2020 ThUS$ ThUS$ Foreign Ajay Europe S.A. R.L. Associate France Euro 7,567 4,625 Foreign Ajay North America LLC. Associate United States of America Dollar 3,350 2,956 Foreign Abu Dhabi Fertilizer Industries WWL Associate United Arab Emirates United Arab Emirates Dirham 2,477 595 96.511.530-7 Soc. de Inversiones Pampa Calichera Other related parties Chile Dollar 5 6 Foreign SQM Vitas Brasil Agroindustria Other related parties Brazil Dollar 55,119 24,335 Foreign SQM Vitas Perú S.A.C. Other related parties Peru Dollar 14,684 24,205 Foreign SQM Vitas Fzco. Joint venture United Arab Emirates United Arab Emirates Dirham 232 236 Foreign Pavoni & C SpA Joint venture Italy Euro 804 1,095 Foreign Covalent Lithium Pty Ltd. Joint venture Australia Australian dollar 1,914 84 Foreign Sichuan SQM Migao Chemical Fertilizers Co Ltd. Joint venture China Dollar - 4,464 Total 86,152 62,601 As of December 31, 2021 and 2020, receivables are net of provision for ThUS$ 717 and ThUS$ 7,545, respectively. As of December 31, 2020, the most significant balance corresponds to Sichuan SQM Migao Fertilizer Co Ltd. presented net of provision of doubtful receivables amounting ThUS$ 6,502. 11.6 T Tax ID No Company Nature Country of origin Currency As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Foreign Ajay Europe S.A.R.L. Associate France Euro - 50 Foreign Ajay North America LL.C. Associate United States of America Dollar - 232 Foreign Covalent Lithium Pty Ltd Joint venture Australia Australian dollar - 324 Total - 606 11.7 O Note 6 describes the remuneration of the board of directors, administration and key management personnel. |
Financial instruments
Financial instruments | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure Of Financials instruments [Abstract] | |
Disclosure of financial instruments [text block] | Note 12 F 12.1 T Description of other financial assets As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Financial assets at amortized cost (1) 905,170 345,459 Derivative financial instruments - For hedging 12,625 - - Non-hedging (2) 1,254 2,610 Total other current financial assets 919,049 348,069 Financial assets at fair value through other comprehensive income (4) (5) 8,932 14,569 Derivative financial instruments - For hedging 245 37,276 Other financial assets at amortized cost 91 80 Total other non-current financial assets 9,268 51,925 Institution As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Banco de Crédito e Inversiones 34,325 185,589 Banco Santander (3) 65,899 45,168 Banco Itaú CorpBanca 195,471 49,006 Banco de Chile - - Scotiabank Sud Americano 289,421 31,668 Sumitomo Mitsui Banking 320,054 - JP Morgan Asset Management - 34,028 Total 905,170 345,459 (1) Corresponds to term deposits whose maturity date is greater than 90 days and less than 360 days from the investment date constituted in the aforementioned financial institutions. (2) Correspond to forwards and options that were not classified as hedging instruments (See detail in Note 12.3). (3) As of December 31, 2021, margin calls were recorded for US$ 31,430. As of December 31, 2020, no margin calls were recorded. (4) During the first quarter of 2021, equity instruments classified at fair value irrevocably through other comprehensive income were sold for US$ 16,413. The cumulative amount of the movements in other comprehensive income from the date of acquisition to the date of sale was transferred to retained earnings. (5) During the second quarter of 2021, as a result of the loss of significant influence over the investment of Kore Potash (for more details, see note 7.3 letter a), the investment, which was previous recognized as an investment in associates, was reclassified as other non-current financial assets as it was classified as financial equity instrument at fair value through other comprehensive income irrevocably. 12.2 T As of December 31, 2021 As of December 31, 2020 Trade and other receivables Current Non-current Total Current Non-current Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Trade receivables, current 590,312 - 590,312 313,265 - 313,265 Prepayments, current 49,168 - 49,168 19,900 - 19,900 Other receivables, current 14,593 6,172 20,765 32,041 11,165 43,206 Total trade and other receivables 654,073 6,172 660,245 365,206 11,165 376,371 See discussion about credit risk in Note 4.2. As of December 31, 2021 As of December 31, 2020 Trade and other receivables Gross receivables Impairment Trade receivables, Gross receivables Impairment Trade receivables, ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Receivables related to credit operations, current 600,664 (10,352 ) 590,312 327,586 (14,321 ) 313,265 Prepayments, current 49,952 (784 ) 49,168 20,684 (784 ) 19,900 Other receivables, current 17,456 (2,863 ) 14,593 36,664 (4,623 ) 32,041 Other receivables, non-current 6,172 - 6,172 11,165 - 11,165 Total trade and other receivables 674,244 (13,999 ) 660,245 396,099 (19,728 ) 376,371 (a) Renegotiated portfolio As of December 31, 2021, and 2020 the detail of the renegotiated portfolio is as follows: As of December 31, 2021 Portfolio analysis Past due segments Number of customers with Gross non-renegotiated Number of customers with Gross renegotiated Current 1,279 570,899 7 130 1 - 30 days 112 22,632 - - 31 - 60 days 18 2,114 - - 61 - 90 days 11 1,015 - - 91 - 120 days 7 202 - - 121 - 150 days 3 43 - - 151 - 180 days 3 4 - - 181 - 210 days 3 130 - - 211 - 250 days 1 1 2 4 >250 days 80 2,597 117 893 Total 1,517 599,637 126 1,027 As of December 31, 2020 Portfolio analysis Past due segments Number of customers with Gross non-renegotiated Number of customers with Gross renegotiated Current 1,281 301,939 23 179 1 - 30 days 119 12,140 8 60 31 - 60 days 12 1,226 - - 61 - 90 days 5 159 - - 91 - 120 days 5 1,448 1 41 121 - 150 days 2 2,384 2 2 151 - 180 days 3 1,398 4 12 181 - 210 days 1 - 2 5 211 - 250 days 3 2 6 114 >250 days 156 5,030 64 1,447 Total 1,587 325,726 110 1,860 (b) Impairment provision for doubtful receivables As of December 31, 2021 Trade accounts receivable days past due Trade and other receivables Current 1 to 30 days 31 to 60 days 61 to 90 Over 90 Trade Trade receivables ThUS$ ThUS$ Expected Loss Rate on 1 % 8 % 32 % 34 % 71 % - - Total Gross Book Value 571,029 22,633 2,113 1,015 3,874 600,664 86,869 Impairment Estimate 4,724 1,856 673 346 2,753 10,352 717 As of December 31, 2020 Trade accounts receivable days past due Trade and other receivables Current 1 to 30 days 31 to 60 days 61 to 90 Over 90 Trade Trade receivables ThUS$ ThUS$ Expected Loss Rate on 1 % 10 % 39 % 52 % 79 % - - Total Gross Book Value 302,118 12,200 1,226 159 11,883 327,586 70,146 Impairment Estimate 3,187 1,207 477 83 9,367 14,321 7,545 As of December 31, 2021, and 2020, movements in provisions are as follows: Provisions As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Impairment provision of Accounts receivable at the beginning of the year 27,273 32,707 Increase (decrease) impairment of accounts receivable 235 (4,684 ) Write-off of receivables (11,091 ) (750 ) Difference in exchange rate (1,701 ) - Impairment provision of Accounts Receivable Provision at the end of the year 14,716 27,273 (1) Trade and other Receivables Provision 10,352 14,321 (2) Current other Receivables Provision 3,647 5,407 (3) Trade receivables with related parties, current Provision 717 7,545 Recovery of Insurance 210 347 Impairment provision of Accounts Receivable 14,716 27,273 Renegotiated receivables 910 1,728 Non-renegotiated receivables 13,806 25,545 12.3 H The balance represents derivative financial instruments measured at fair value which have been classified as hedges for exchange and interest rate risks relating to the total obligations with the public associated with bonds in UF and investments in Chilean pesos. (See more detail in Note 4.2 b). As of December 31, 2021 Assets Liabilities Total Realized Hedging Reserve in Type of Instrument: Cross currency interest rate swaps UF/CLP Cash flow hedge derivatives Short term 12,625 8,954 Long term 245 72,900 Underlying Debt Hedge 12,870 81,854 (22,455 ) (46,529 ) Type of Instrument: Forwards/Options Non-hedge derivatives with effect on income Short term 1,254 1,672 Underlying Investments Hedge 1,254 1,672 4,694 - Total Instrumentos 14,124 83,526 (17,761 ) (46,529 ) As of December 31, 2020 Assets Liabilities Total Realized Hedging Reserve in Type of Instrument: Cross currency interest rate swaps UF/CLP Cash flow hedge derivatives Short term - 26,699 Long term 37,276 13,511 Underlying Debt Hedge 37,276 40,210 (9,167 ) (6,233 ) Type of Instrument: Forwards/Options Non-hedge derivatives with effect on income Short term 2,610 5,393 Underlying Investments Hedge 2,610 5,393 (9,049 ) - Total Instruments 39,886 45,603 (18,216 ) 6,233 (1) See underlying hedges in Note 4.2 letters b) and d) and movement of cash flow hedge reserve in Note 20.4. The balances in the column “Total Realized” consider the intermediate effects of the contracts that were in place between January 1 and December 31, 2021 and January 1and December 31, 2020. Hedging Effect in Profit and Equity for the year as of Variation Total Effect on Profit or Loss Hedge Reserves from Analysis Effect by Type of Coverage Hedging in Current and Non-Current Assets (24,406 ) Hedging in Current and Non-Current Liabilities 41,644 Total Hedge Effect in Profit or Loss and Equity for the period 17,238 (13,288 ) 30,526 Derivative contract maturities are detailed as follows: Series Contract amount Currency Maturity date ThUS$ H 119,938 UF 01/04/2023 O 58,748 UF 02/01/2022 P 134,228 UF 01/15/2028 Q 106,933 UF 06/01/2030 Effectiveness The Company uses cross currency swap derivative instruments to hedge the possible financial risk associated with the volatility of the exchange rate associated with Chilean pesos and UF. The objective is to hedge the exchange rate and inflation financial risks associated with bonds payable. Hedges are documented and tested to measure their effectiveness. Based on a comparison of critical terms, hedging is highly effective, given that the hedged amount is consistent with obligations maintained for bonds denominated in Pesos and UF. Likewise, hedging contracts are denominated in the same currencies and have the same maturity dates of bond principal and interest payments. 12.4 F Other current and non-current financial liabilities As of December 31, 2021 and 2020, the detail is as follows: As of December 31, 2021 As of December 31, 2020 Other current and non-current financial Currents Non-Current Total Currents Non-Current Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Liabilities at amortized cost Bank borrowings 85 69,613 69,698 82 69,376 69,458 Obligations with the public 40,594 2,445,219 2,485,813 36,781 1,816,626 1,853,407 Derivative financial instruments For hedging 8,954 72,900 81,854 26,699 13,511 40,210 Non-Hedging 1,672 - 1,672 5,393 - 5,393 Total 51,305 2,587,732 2,639,037 68,955 1,899,513 1,968,468 Current and non-current bank borrowings As of December 31, 2021 and 2020, the detail is as follows: Current and non-current bank borrowings As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Current borrowings 85 82 Non-current borrowings 69,613 69,376 Current and non-current bank borrowings 69,698 69,458 a) Bank borrowings, current: As of December 31, 2021, and 2020, the detail of this caption is as follows: Debtor Creditor Tax ID No. Company Country Tax ID No. Financial Country Currency or Payment of Repayment Effective rate Nominal rate 93.007.000-9 SQM S.A. Chile O-E Scotiabank Cayman USA US$ Upon maturity 05/31/2022 0.82% 1.36% Debtor Creditor Nominal amounts as of December 31, 2021 Current amounts as of December 31, 2021 Company Financial institution Up to 90 days 90 days to 1 year Total Up to 90 days 90 days to 1 Subtotal Borrowing Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM S.A. Scotiabank Cayman - - - 85 - 85 - 85 Total - - - 85 - 85 - 85 Debtor Creditor Tax ID No Company Country Tax ID No. Financial institution Country Currency or Repayment maturity Effective rate Nominal rate 93.007.000-9 SQM S.A. Chile O-E Scotiabank Cayman USA US$ Upon maturity 05/31/2022 1.00% 1.36% Debtor Creditor Nominal amounts as of December 31, 2020 Current amounts as of December 31, 2020 Up to 90 days 90 days to 1 Total Up to 90 days 90 days to 1 Subtotal Borrowing Total Company Financial institution ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM S.A. Scotiabank Cayman - - - - 82 82 - 82 Total - - - - 82 82 - 82 b) Unsecured obligations, current: As of December 31, 2021, and 2020, the detail of current unsecured interest-bearing obligations is composed of promissory notes and bonds, as follows: Debtor Periodicity Tax ID No. Company Country Number of Series Maturity date Currency or Payment of Repayment Effective rate Nominal rate 93.007.000-9 SQM S.A. Chile - MUS$250 01/28/2022 US$ Semiannual Upon maturity 1.56% 4.38% 93.007.000-9 SQM S.A. Chile - MUS$300 04/03/2022 US$ Semiannual Upon maturity 0.74% 3.63% 93.007.000-9 SQM S.A. Chile - MUS$450 05/07/2022 US$ Semiannual Upon maturity 3.23% 4.25% 93.007.000-9 SQM S.A. Chile - MUS$400 01/22/2022 US$ Semiannual Upon maturity 4.00% 4.25% 93.007.000-9 SQM S.A. Chile - MUS$700 03/10/2022 US$ Semiannual Upon maturity 3.62% 3.50% 93.007.000-9 SQM S.A. Chile 564 H 01/05/2022 UF Semiannual Semiannual 1.75% 4.90% 93.007.000-9 SQM S.A. Chile 699 O 02/01/2022 UF Semiannual Upon maturity 2.06% 3.80% 93.007.000-9 SQM S.A. Chile 563 P 01/15/2022 UF Semiannual Upon maturity 2.04% 3.25% 93.007.000-9 SQM S.A. Chile 700 Q 06/01/2022 UF Semiannual Upon maturity 2.72% 3.45% Effective rates of bonds in Pesos and UF are expressed and calculated in Dollars based on the flows agreed in Cross Currency Swap Agreements. Nominal amounts as of December 31, 2021 Carrying amounts of maturities as of December 31, 2021 Company Country Series Up to 90 90 days to 1 Total Up to 90 days 90 days to 1 Subtotal Borrowing Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM S.A. Chile MUS$250 4,648 - 4,648 4,648 - 4,648 (433 ) 4,215 SQM S.A. Chile MUS$300 - 2,658 2,658 - 2,658 2,658 (614 ) 2,044 SQM S.A. Chile MUS$450 - 2,869 2,869 - 2,869 2,869 (679 ) 2,190 SQM S.A. Chile MUS$400 7,508 - 7,508 7,508 - 7,508 (237 ) 7,271 SQM S.A. Chile MUS$700 6,874 - 6,874 6,874 - 6,874 (552 ) 6,322 SQM S.A. Chile H 16,026 - 16,026 16,026 - 16,026 (172 ) 15,854 SQM S.A. Chile O 863 - 863 863 - 863 (82 ) 781 SQM S.A. Chile P 1,636 - 1,636 1,636 - 1,636 (12 ) 1,624 SQM S.A. Chile Q - 314 314 - 314 314 (21 ) 293 Total 37,555 5,841 43,396 37,555 5,841 43,396 (2,802 ) 40,594 Debtor Periodicity Tax I No. Company Country Number of Series Maturity date Currency or Payment of Repayment Effective rate Nominal rate 93.007.000-9 SQM S.A. Chile - MUS$250 01/28/2021 US$ Semiannual Upon maturity 1.95% 4.38% 93.007.000-9 SQM S.A. Chile - MUS$300 04/03/2021 US$ Semiannual Upon maturity 1.08% 3.63% 93.007.000-9 SQM S.A. Chile - MUS$450 05/07/2021 US$ Semiannual Upon maturity 3.59% 4.25% 93.007.000-9 SQM S.A. Chile - MUS$400 01/22/2021 US$ Semiannual Upon maturity 4.17% 4.25% 93.007.000-9 SQM S.A. Chile 564 H 01/05/2021 UF Semiannual Semiannual 0.58% 4.90% 93.007.000-9 SQM S.A. Chile 699 O 02/01/2021 UF Semiannual Upon maturity 2.24% 3.80% 93.007.000-9 SQM S.A. Chile 563 P 01/15/2021 UF Semiannual Upon maturity 2.37% 3.25% 93.007.000-9 SQM S.A. Chile 700 Q 06/01/2021 UF Semiannual Upon maturity 2.92% 3.45% Effective rates of bonds in Pesos and UF are expressed and calculated in Dollars based on the flows agreed in Cross Currency Swap Agreements. Nominal amounts as of December 31, 2020 Carrying amounts of maturities as of December 31, 2020 Company Country Series Up to 90 90 days to 1 Total Up to 90 days 90 days to 1 Subtotal Borrowing Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM S.A. Chile MUS$250 4,648 - 4,648 4,648 - 4,648 (433 ) 4,215 SQM S.A. Chile MUS$300 - 2,658 2,658 - 2,658 2,658 (614 ) 2,044 SQM S.A. Chile MUS$450 7,508 - 7,508 7,508 - 7,508 (679 ) 6,829 SQM S.A. Chile MUS$400 - 2,869 2,869 - 2,869 2,869 (237 ) 2,632 SQM S.A. Chile H 18,212 - 18,212 18,212 - 18,212 (172 ) 18,040 SQM S.A. Chile O 962 - 962 962 - 962 (82 ) 880 SQM S.A. Chile P 1,824 - 1,824 1,824 - 1,824 (12 ) 1,812 SQM S.A. Chile Q - 350 350 - 350 350 (21 ) 329 Total 33,154 5,877 39,031 33,154 5,877 39,031 (2,250 ) 36,781 c) Classes of interest-bearing loans, non-current The following table shows the details of bank loans as of December 31, 2021 and 2020: Debtor Creditor Tax ID No. Company Country Tax ID No. Financial institution Country Currency or Type of Effective rate Nominal rate 93.007.000-9 SQM S.A. Chile O-E Scotiabank Cayman USA US$ Maturity 2.05% 1.36% Debtor Creditor Nominal non-current maturities as of December 31, 2021 Carrying amounts of maturities as of December 31, 2021 Company Financial institution Between 1 and 2 Between 2 Between 3 Total Between 1 Between 2 Between 3 Subtotal Costs of Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM S.A. Scotiabank Cayman 70,000 - - 70,000 70,000 - - 70,000 (387 ) 69,613 Total 70,000 - - 70,000 70,000 - - 70,000 (387 ) 69,613 Debtor Creditor Tax ID No. Company Country Tax ID No. Financial institution Country Currency or Type of Effective rate Nominal rate 93.007.000-9 SQM S.A. Chile O-E Scotiabank Cayman USA US$ Maturity 1.98% 1.36% Debtor Creditor Nominal non-current maturities as of December 31, 2020 Carrying amounts of maturities as of December 31, 2020 Company Financial institution Between 1 and 2 Between 2 Between 3 Total Between 1 Between 2 Between 3 Subtotal Costs of Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM S.A. Scotiabank Cayman - 70,000 - 70,000 - 70,000 - 70,000 (624 ) 69,376 Total - 70,000 - 70,000 - 70,000 - 70,000 (624 ) 69,376 d) Non-current unsecured interest-bearing bonds The following table shows the details of “unsecured debentures that accrue non-current interest” as of December 31, 2021, and 2020: Debtor Periodicity Tax ID No. Company Country Number of Series Maturity date Currency or Payment of Repayment Effective rate Nominal rate 93.007.000-9 SQM S.A. Chile - MUS$250 01/28/2025 US$ Semiannual Upon maturity 4.08% 4.38% 93.007.000-9 SQM S.A. Chile - MUS$300 04/03/2023 US$ Semiannual Upon maturity 3.42% 3.63% 93.007.000-9 SQM S.A. Chile - MUS$450 05/07/2029 US$ Semiannual Upon maturity 4.10% 4.25% 93.007.000-9 SQM S.A. Chile - MUS$400 01/22/2050 US$ Semiannual Upon maturity 4.19% 4.25% 93.007.000-9 SQM S.A. Chile - MUS$700 09/10/2051 US$ Semiannual Upon maturity 3.43% 3.50% 93.007.000-9 SQM S.A. Chile 564 H 01/05/2030 UF Semiannual Semiannual 4.76% 4.90% 93.007.000-9 SQM S.A. Chile 699 O 02/01/2033 UF Semiannual Upon maturity 3.69% 3.80% 93.007.000-9 SQM S.A. Chile 563 P 01/15/2028 UF Semiannual Upon maturity 3.24% 3.25% 93.007.000-9 SQM S.A. Chile 700 Q 06/01/2038 UF Semiannual Upon maturity 3.43% 3.45% Nominal non-current maturities as of December 31, 2021 Carrying amounts of maturities as of December 31, 2021 Series Over 1 Over 2 Over 3 Over 4 Over 5 Total Over 1 Over 2 Over 3 Over 4 Over 5 Subtotal Bond Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ MUS$250 - - 250,000 - - 250,000 - - 250,000 - - 250,000 (903 ) 249,097 MUS$300 300,000 - - - - 300,000 300,000 - - - - 300,000 (168 ) 299,832 MUS$450 - - - - 450,000 450,000 - - - - 450,000 450,000 (4,343 ) 445,657 MUS$400 - - - - 400,000 400,000 - - - - 400,000 400,000 (6,347 ) 393,653 MUS$700 - - - - 700,000 700,000 - - - - 700,000 700,000 (15,836 ) 684,164 H - - - - 100,064 100,064 - - - - 100,064 100,064 (1,206 ) 98,858 O - - - - 55,035 55,035 - - - - 55,035 55,035 (822 ) 54,213 P - - - - 110,070 110,070 - - - - 110,070 110,070 (65 ) 110,005 Q - - - - 110,070 110,070 - - - - 110,070 110,070 (330 ) 109,740 Total 300,000 - 250,000 - 1,925,239 2,475,239 300,000 - 250,000 - 1,925,239 2,475,239 (30,020 ) 2,445,219 Debtor Periodicity Tax ID No. Company Country Number of Series Maturity date Currency or Payment of Repayment Effective rate Nominal rate 93.007.000-9 SQM S.A. Chile - MUS$250 01/28/2025 US$ Semiannual Upon maturity 4.08% 4.38% 93.007.000-9 SQM S.A. Chile - MUS$300 04/03/2023 US$ Semiannual Upon maturity 3.43% 3.63% 93.007.000-9 SQM S.A. Chile - MUS$450 05/07/2029 US$ Semiannual Upon maturity 4.18% 4.25% 93.007.000-9 SQM S.A. Chile - MUS$400 01/22/2050 US$ Semiannual Upon maturity 4.22% 4.25% 93.007.000-9 SQM S.A. Chile 564 H 01/05/2030 UF Semiannual Semiannual 4.76% 4.90% 93.007.000-9 SQM S.A. Chile 699 O 02/01/2033 UF Semiannual Upon maturity 3.68% 3.80% 93.007.000-9 SQM S.A. Chile 563 P 01/15/2028 UF Semiannual Upon maturity 3.24% 3.25% 93.007.000-9 SQM S.A. Chile 700 Q 06/01/2038 UF Semiannual Upon maturity 3.43% 3.45% Nominal non-current maturities as of December 31, 2020 Carrying amounts of maturities as of December 31, 2020 Series Over 1 Over 2 Over 3 Over 4 Over 5 Total Over 1 Over 2 Over 3 Over 4 Over 5 Subtotal Bond Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ MUS$250 - - - 250,000 - 250,000 - - - 250,000 - 250,000 (1,336 ) 248,664 MUS$300 - 300,000 - - - 300,000 - 300,000 - - - 300,000 (781 ) 299,219 MUS$450 - - - - 450,000 450,000 - - - - 450,000 450,000 (5,020 ) 444,980 MUS$400 - - - - 400,000 400,000 - - - - 400,000 400,000 (6,582 ) 393,418 H - - - - 126,386 126,386 - - - - 126,386 126,386 (1,378 ) 125,008 O - - - - 61,334 61,334 - - - - 61,334 61,334 (904 ) 60,430 P - - - - 122,668 122,668 - - - - 122,668 122,668 (77 ) 122,591 Q - - - - 122,668 122,668 - - - - 122,668 122,668 (352 ) 122,316 Total - 300,000 - 250,000 1,283,056 1,833,056 - 300,000 - 250,000 1,283,056 1,833,056 (16,430 ) 1,816,626 e) Additional information Bonds The details of each issuance are as follows: (i) Series “H” bonds On January 13, 2009, the Company placed the Series H bond for UF 4,000,000 equivalent to ThUS$ 139,216 at an annual interest rate of 4.9%, with a term of 21 years and amortizations of principal beginning in July, 2019. 2020 During 2020, the amortization of principal amounted to UF 363,636.36, equivalent to ThUS$ 13,296 with an associated cross currency swap hedge income of ThUS$ 814. 2021 During 2021, amortization of principal amounted to UF 363,636.36, equivalent to ThUS$ 14,870 with an associated cross currency swap hedge loss of ThUS$ 760. For more details on restrictions. See Note 19.1. For the periods ended December 31, 2021, and 2020, the Company has made the following payments with a charge to the Series H bonds and their associated CCS hedging: Payments made December 31, 2021 December 31, 2020 December 31, 2019 ThUS$ ThUS$ ThUS$ Payments of interest, Series H bonds 6,661 6,601 7,868 CCS Coverage 1,598 2,575 1,952 (ii) Single series bonds, second issue MUS$ 250 On April 21, 2010, the Company informed the CMF of its placement in international markets of an unsecured bond of ThUS$ 250,000, pursuant to Rule 144 -A and Regulation S of the Securities and Exchange Commission with a maturity of 10 years with an annual interest rate of 5.5%. The Company paid the principal on April 21, 2020. F-88 Notes to the Consolidated Financial Statements For the periods ended December 31, 2021 and 2020, the detail of payments charged to the line of single series bonds, second issue is as follows. Payments made December 31, 2021 December 31, 2020 December 31, 2019 ThUS$ ThUS$ ThUS$ Payments of interest - 6,875 13,750 (iii) Series “O” bonds On April 4, 2012, the Company issued “Series O” for UF 1,500,000 (ThUS$ 69,901) at a term of 21 years with a single payment at the maturity of the term and an annual interest rate of 3.80%. See more details with respect a restriction in Note 19.1. For the periods ended December 31, 2021, and 2020, the Company has made the following payments with a charge to Series O bonds and their associated CCS hedging: Payments made December 31, 2021 December 31, 2020 December 31, 2019 ThUS$ ThUS$ ThUS$ Payments of interest, Series O bonds 2,225 2,070 2,308 CCS Coverage 438 599 354 (iv) Single series bonds, third issue MUS$ 300 On April 3, 2013, the Company issued a non-secured bond in the United States with a value of US$ 300 million. pursuant to Rule 144-A and Regulation S of the SEC. The bond is for a 10-year term with an annual coupon rate of 3.625%. For the periods ended December 31, 2021, and 2020, the following payments have been made with a debit to the line of single-series bonds, third issue: Payments made December 31, 2021 December 31, 2020 December 31, 2019 ThUS$ ThUS$ ThUS$ Payments of interest 10,875 10,875 10,875 (v) Single series bonds, fourth issuance MUS $250 On October 23, 2014, the Company issued unsecured bonds amounting ThUS$ 250,000 in international markets, pursuant to Rule 144-A and Regulation S of the Securities and Exchange Commission. These bonds mature in 2025 and have annual interest rate of 4.375%. For the periods ended on December 31, 2021 and 2020, the following payments have been made. Payments made December 31, 2021 December 31, 2020 December 31, 2019 ThUS$ ThUS$ ThUS$ Payments of interest 10,938 10,938 10,938 (vi) Series “P” bonds The Company on March 31, 2008 issued the placement on the stock market of the Series “P” bond (the "Bonds” Series P) with a value of UF 3,000,000, with a charge to the 10 year Bonds Line registered in the CMF Securities Registry under number 563. The bonds Series P (i) mature on January 15, 2028; (ii) will accrue on the unpaid principal, expressed in UF, at an annual interest rate of 3.25% from January 15, 2018; and (iii) can be early redeemed by the Company starting from the date of placement, that was, as of April 5, 2018. For the periods ended on December 31, 2021 and 2020, the following payments and their associated CCS have been made: Payments made December 31, 2021 December 31, 2020 December 31, 2019 ThUS$ ThUS$ ThUS$ Payments of interest, Series P bonds 3,835 3,534 3,960 CCS Coverage 3,119 3,439 2,995 (vii) Series Q bonds On October 31, 2018, the issuance of Series Q bonds was authorized in the general stock market for the amount of UF 3,000,000, which were registered in the Securities Registry of your Commission on February 14, 2012 under number 700. The bonds Series Q (i) mature on the first day of June 2038; (ii) will earn an interest rate of 3.45% per annum on the outstanding capital, expressed in UF, from June 1, 2018 thereon; and (iii) may be early redeemed by the Company starting from the placement date, that was, as of November 8, 2018. On November 8, 2018, all the Series Q Bonds have been placed and sold to Euroamerica S.A. for a total amount of $ 83,567,623,842, which was paid in full and in cash by Euroamerica S.A. to the Company. See more details in Note 19.1 For the periods ended December 31, 2021 and 2020, the following payments have been made: Payments made December 31, 2021 December 31, 2020 December 31, 2019 ThUS$ ThUS$ ThUS$ Payments of interest, Series Q bonds 3,990 3,769 3,791 CCS Coverage 1,919 1,021 - (viii) Single series fifth issue bonds M On May 7, 2019, the CMF was informed that the Company issued and placed unsecured bonds for ThUS$ 450,000 pursuant to Rule 144-A and Regulation S of the Securities and Exchange Commission on international markets. These bonds will mature in 2029 and carry an interest rate of 4.25% per annum. For the periods ended on December 31, 2021 and 2020, the following payments have been made: Payments made December 31, 2021 December 31, 2020 December 31, 2019 ThUS$ ThUS$ ThUS$ Payments of interest 19,125 19,125 9,563 (ix) Single series sixth issue bonds MUS$ 400 On January 22, 2020, the Company has placed unsecured bonds in international markets for US$ 400 million, pursuant to Rule 144-A and Regulation S of the Securities and Exchange Commission, at an annual interest rate of 4.250% and a maturity in the year 2050. For the periods ended on December 31, 2021 and 2020, the following payments have been made: Payments made December 31, 2021 December 31, 2020 December 31, 2019 ThUS$ ThUS$ ThUS$ Payments of interest 17,000 8,500 - (x) Single series seventh issue bonds MUS$ 700 On September 10, 2021, the Company has placed unsecured bonds in international markets for US$ 700 million, pursuant to Rule 144-A and Regulation S of the Securities and Exchange Commission, at an annual interest rate of 3.50 % and a maturity in the year 2051. For the periods ended on December 31, 2021 and 2020, no payments have been made. 12.5 T a) Details trade and other payables As of December 31, 2021 As of December 31, 2020 Details trade and other payables Current Non-current Current Current Non-current Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Accounts payable 279,092 - 279,092 203,346 - 203,346 Other accounts payable 558 - 558 587 - 587 Prepayments from customers - 3,813 3,813 - 4,027 4,027 Total 279,650 3,813 283,463 203,933 4,027 207,960 As of December 31, 2021, and 2020, the balance of current and past due accounts payable is made up as follows: Suppliers current on all payments Amounts according to payment periods as of December 31, 2021 Type of Supplier Up to 30 31 - 60 61 - 90 91 - 120 121 - 365 366 and Total ThUS$ Goods 148,045 1,799 1,425 - 120 3,813 155,202 Services 80,089 335 109 2 78 - 80,613 Others 31,949 - - - - - 31,949 Total 260,083 2,134 1,534 2 198 3,813 267,764 Amounts according to payment periods as of December 31, 2020 Type of Supplier Up to 30 31 - 60 61 - 90 91 - 120 121 - 365 366 and Total ThUS$ Goods 111,323 1,947 123 31 5 4,027 117,456 Services 46,187 1,380 16 757 86 - 48,426 Others 29,325 7 - - - - 29,332 Total 186,835 3,334 139 788 91 4,027 195,214 Suppliers past due on payments Amounts according to payment periods as of December 31, 2021 Type of Supplier Up to 30 31 - 60 61 - 90 91 - 120 121 - 365 366 and Total ThUS$ Goods 7,688 30 5 1 37 - 7,761 Services 4,055 108 533 34 181 - 4,911 Others 2,340 16 73 35 5 - 2,469 Total 14,083 154 611 70 223 - 15,141 Amounts according to payment periods as of December 31, 2020 Type of Supplier Up to 30 31 - 60 61 - 90 91 - 120 121 - 365 366 and Total ThUS$ Goods 1,305 59 47 39 517 - 1,967 Services 2,298 764 - 453 505 - 4,020 Others 3,258 150 371 118 2,275 - 6,172 Total 6,861 973 418 610 3,297 - 12,159 Purchase commitments held by the Company are recognized as liabilities when the goods and services are received by the Company. As of December 31, 2021, the Company has purchase orders amounting to ThUS$ 166,209 and ThUS$ 55,516 as of December 31, 2020. 12.6 F a) Financial Assets As of December 31, 2021 As of December 31, 2020 Description of financial assets Current Non-current Total Current Non-current Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Cash and cash equivalent 1,515,051 - 1,515,051 509,102 - 509,102 Trade receivables due from related parties at amortized cost 86,152 - 86,152 62,601 - 62,601 Financial assets measured at amortized cost 905,170 91 905,261 345,459 80 345,539 Trade and other receivables 654,073 6,172 660,245 365,206 11,165 376,371 Total financial assets measured at amortized cost 3,160,446 6,263 3,166,709 1,282,368 11,245 1,293,613 Financial instruments for hedging purposes 12,625 245 12,870 - 37,276 37,276 Financial instruments held for trading 1,254 - 1,254 2,610 - 2,610 Financial assets classified as available for sale at fair value through equity - 8,932 8,932 - 14,569 14,569 Total financial assets at fair value 13,879 9,177 23,056 2,610 51,845 54,455 Total financial assets 3,174,325 15,440 3,189,765 1,284,978 63,090 1,348,068 b) Financial Liabilities As of December 31, 2021 As of December 31, 2020 Description of financial liabilities Current Non-current Total Current Non-current Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ For hedging purposes through equity 8,954 72,900 81,854 26,699 13,511 40,210 Held for trading at fair value through profit or loss 1,672 - 1,672 5,393 - 5,393 Financial liabilities at fair value 10,626 72,900 83,526 32,092 13,511 45,603 Bank loans 85 69,613 69,698 82 69,376 69,458 Obligations to the public 40,594 2,445,219 2,485,813 36,781 1,816,626 1,853,407 Lease Liabilities 7,704 46,519 54,223 5,528 25,546 31,074 Trade and other payables 279,650 3,813 283,463 203,933 4,027 207,960 Trade payables due to related parties - - - 606 - 606 Total financial liabilities at amortized cost 328,033 2,565,164 2,893,197 246,930 1,915,575 2,162,505 Total financial liabilities 338,659 2,638,064 2,976,723 279,022 1,929,086 2,208,108 12.7 F The fair value hierarchy is detailed as follows: (a) Level 1: (unadjusted) in active markets for identical assets or liabilities that the entity can access measurement date (b) Level 2: inputs Level 2 inputs are inputs other than quoted prices included within Level 1 that for asset or liability, either directly or indirectly (c) Level 3: for the asset or liability As of December 31, 2021 Measurement Methodology Fair value measurement of assets and liabilities Carrying Amount at Fair value ( disclosure Fair value recognized Level 1 Level 2 Level 3 ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Financial Assets Cash and cash equivalents 1,515,051 1,515,051 - - 1,515,051 - Other current financial assets - Time deposits 905,170 905,170 - - 905,170 - - Derivative financial instruments - Forwards - - 1,031 - 1,031 - - Options - - 223 - 223 - - Hedging assets - - - - - - - Swaps - - 12,613 - 12,613 - Non-current accounts receivable 6,172 6,172 - - - - Other non-current financial assets: - Other 91 91 - - 91 - - Equity instruments - - 8,932 8,932 - - - Hedging assets – Swaps - - - - - - Other current financial liabilities - Bank borrowings 85 85 - - 85 - - Derivative instruments - - - - - - - Forwards - - 1,270 - 1,270 - - Options - - 402 - 402 - - Hedging liabilities – Swaps - - 8,954 - 8,954 - - Swaps hedges, investments - - - - - - - Unsecured obligations 40,594 40,594 - - 40,594 - - Current lease liabilities 7,704 7,704 - - 7,704 - Other non-current financial liabilities - Bank borrowings 69,613 70,497 - - 70,497 - - Unsecured obligations 2,445,219 2,871,005 - - 2,871,005 - - Non-current hedging liabilities - - 72,900 - 72,900 - - Non-current lease liabilities 46,519 34,521 - - 34,521 - As of December 31, 2020 Measurement Methodology Fair value measurement of assets and liabilities Carrying Amount at Fair value ( disclosure Fair value recognized Level 1 Level 2 Level 3 ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Financial Assets Cash and cash equivalents 509,102 509,102 - - 509,102 - Other current financial assets - Time deposits 345,459 345,459 - - 345,459 - - Derivative financial instruments - Forwards - - 2,263 - 2,263 - - Options - |
Right-of-use assets and Lease l
Right-of-use assets and Lease liabilities | 12 Months Ended |
Dec. 31, 2021 | |
Presentation of leases for lessee [abstract] | |
Disclosure of leases [text block] | Note 13 R 13.1 R Reconciliation of changes in Land Buildings Other Transport Supplies Office Network and Mining IT Energy Constructions Machinery, Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening Balance - 23,377 - 2,479 - - - - - - - 4,168 30,024 Additions 17,552 1,209 - 862 - - - - - - - 12,203 31,826 Depreciation expenses (199 ) (3,635 ) - (763 ) - - - - - - - (4,109 ) (8,706 ) Other increases / decreases - - - - - - - - - - - (536 ) (536 ) Total changes 17,353 (2,426 ) - 99 - - - - - - - 7,558 22,584 Closing balance 17,353 20,951 - 2,578 - - - - - - - 11,726 52,608 Reconciliation of changes in Land Buildings Other Transport Supplies Office Network and Mining IT Energy Constructions Machinery, Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening Balance - 25,742 - 3,356 - - - - - - - 8,066 37,164 Additions - 1,782 - - - - - - - - - 121 1,903 Depreciation expenses - (3,535 ) - (877 ) - - - - - - - (4,019 ) (8,431 ) Other increases / decreases - (612 ) - - - - - - - - - - (612 ) Total changes - (2,365 ) - (877 ) - - - - - - - (3,898 ) (7,140 ) Closing balance - 23,377 - 2,479 - - - - - - - 4,168 30,024 The Company’s lease activities included the following aspects: (a) The nature of the Company’s lease activities is related to contracts focused primarily on business operations, mainly rights-of-use to equipment and real estate, (b) The Company does not estimate any significant future cash outflows that would potentially expose the Company, and these are likewise not reflected in the measurement of lease liabilities, related to concepts such as: (i) Variable lease payments, (ii) Extennsion (c) These are not subject to restrictions or agreements imposed by contracts. There were no sales transactions with leases later in the period. 13.2 L As of December 31, 2021 As of December 31, 2020 Lease liabilities Current Non-Current Current Non-Current ThUS$ ThUS$ ThUS$ ThUS$ Lease liabilities 7,704 46,519 5,528 25,546 Total 7,704 46,519 5,528 25,546 i) Current and non-current lease liabilities Debtor Creditor Tax ID No. Company Country TAX ID No. Supplier Country Contract Type of Maturity Effective rate 79.626.800-K SQM Salar S.A. Chile 83.776.000-3 Empresa Constructora Contex Ltda Chile UF Monthly 03-31-2025 5.39% 79.626.800-K SQM Salar S.A. Chile 76.327.820-4 Maquinaria Astudillo y Hermanos Limitada Chile UF Monthly 01-08-2026 2.89% 79.626.800-K SQM Salar S.A. Chile 76.146.110-9 Transportes, Construcción y Servicios Cribach Ltda Chile Peso Monthly 09-01-2020 8.93% 79.626.800-K SQM Salar S.A. Chile 76.065.017-K SKM Industrial Ltda. Chile Peso Monthly 06-01-2022 8.93% 79.626.800-K SQM Salar S.A. Chile 96.862.140-8 Ameco Chile S.A. Chile Peso Monthly 04-24-2021 4.07% 79.626.800-K SQM Salar S.A. Chile 76.327.820-4 Maquinaria Astudillo y Hermanos Limitada Chile Peso Monthly 11-24-2025 2.89% 79.626.800-K SQM Salar S.A. Chile 76.158.471-5 Sociedad Inmobiliaria Amaru SpA Chile UF Monthly 07-11-2023 2.00% 79.626.800-K SQM Salar S.A. Chile 76.327.820-4 Maquinaria Astudillo y Hermanos Ltda. Chile UF Monthly 06-01-2026 3,26 79.947.100-0 SQM Industrial S.A. Chile 96.856.400-5 El Trovador S.A. Chile UF Monthly 02-08-2030 3.10% 79.947.100-0 SQM Industrial S.A. Chile 76.976.580-8 Sociedad Comercial Grandleasing Chile Ltda Chile UF Monthly 08-26-2024 2.72% 79.947.100-0 SQM Industrial S.A. Chile 76.536.499-K Jungheinrich Rentalif SPA Chile UF Monthly 10-07-2024 3.49% 79.947.100-0 SQM Industrial S.A. Chile 76.320.186-4 Tecno Fast S.A. Chile UF Monthly 12-31-2022 1.44% 96.592.190-7 SQM Nitratos S.A. Chile 76.536.499-K Jungheinrich Rentalif SPA Chile UF Monthly 10-07-2024 3.49% 93.007.000-9 SQM S.A. Chile 76.536.499-K Jungheinrich Rentalif SPA Chile UF Monthly 10-07-2024 3.49% 79.768.170-9 Soquimich Comercial S.A. Chile 96.662.540-6 Containers Operators S.A. Chile UF Monthly 12-31-2022 0.81% 79.768.170-9 Soquimich Comercial S.A. Chile 76.729.932-K SAAM Logistics S.A. Chile UF Monthly 08-01-2022 0.81% Debtor Creditor Tax ID No. Company Country TAX ID No. Supplier Country Contract Type of Maturity Effective 79.768.170-9 Soquimich Comercial S.A. Chile 91.577.000-2 Muelles de Penco S.A. Chile UF Monthly 07-06-2023 1.30% 79.768.170-9 Soquimich Comercial S.A. Chile 91.577.000-2 Muelles de Penco S.A. Chile UF Monthly 07-06-2023 1.30% 79.768.170-9 Soquimich Comercial S.A. Chile 76.722.280-7 Inmobiliaria Chincui SPA Chile UF Monthly 05-01-2028 3.38% 79.768.170-9 Soquimich Comercial S.A. Chile 96.565.580-8 Compañía de Leasing Tattersall S.A. Chile UF Monthly 07-05-2025 2.97% 76.359.919-1 Orcoma Estudios SpA Chile 70.017.320-8 Obispado de Iquique Chile CLP Monthly 07-12-2036 6.16% 76.359.919-1 Orcoma Estudios SpA Chile 73.190.800-1 Comunidad Indígena Aymara Pueblo de Pisiga Choque Chile UF Monthly 07-12-2024 2.53% 76.359.919-1 Orcoma Estudios SpA Chile 6.848.218-6 Ruth del Carmen Cortez Maturana Chile Peso Monthly 07-12-2031 7.44% Foreign SQM North America Corp. USA Foreign Paces West LL. USA Dollar Monthly 12-31-2027 3.36% Foreign SQM North America Corp. USA Foreign Hawkins Nunmber One, LLC USA Dollar Monthly 08-31-2024 3.33% Foreign SQM North America Corp. USA Foreign Deep South Equipment Company USA Dollar Monthly 03-24-2024 1.33% Foreign SQM North America Corp. USA Foreign Tennant-South USA Dollar Monthly 07-02-2023 1.00% Foreign SQM Comercial de México S.A. de C.V. Mexico Foreign Onni Ensenada S.A. de C.V. Mexico Dollar Monthly 12-03-2026 3.45% Foreign SQM Comercial de México S.A. de C.V. Mexico Foreign Madol Inmobiliaria S.A. de C.V. Mexico Mexican Peso Monthly 10-31-2023 7.84% Foreign SQM Comercial de México S.A. de C.V. Mexico Foreign Madol Inmobiliaria S.A. de C.V. Mexico Mexican Peso Monthly 10-31-2023 7.84% Foreign SQM Europe N.V. Belgium Foreign Straatsburgdok N.V. Belgium Euro Monthly 03-31-2027 1.30% Foreign SQM Australia PTY Australia Foreign Eagle Petroleum (WA) Pty Ltd Australia Australian dollar Monthly 06-21-2022 5.00% Foreign SQM Australia PTY Australia Foreign The trust Company (Australia) Pty Ltd Australia Australian dollar Monthly 01-31-2021 3.60% Foreign SQM Australia PTY Australia Foreign Ausco Modular Pty Limited Australia Australian dollar Monthly 01-31-2023 5.00% Foreign SQM Australia PTY Australia Foreign Western Australian Land Authority Australia Australian dollar Monthly 08-31-2051 3.55% Foreign SQM Colombia S.A.S. Colombia Foreign Mareauto Colombia S.A.S. Colombia COP Monthly 12-18-2023 2.01% Foreign SQM Colombia S.A.S. Colombia Foreign Renting Colombia S.A. Colombia COP Monthly 10-16-2024 2.72% Foreign SQM Colombia S.A.S. Colombia Foreign Renting Colombia S.A. Colombia COP Monthly 12-27-2024 2.17% (a) As of December 31, 2021, and 2020, current lease liabilities are analyzed as follows: Debtor Creditor Nominal amounts as of December 31,2021 Amounts at amortized cost as of December 31, 2021 Company Supplier Up to 90 days 90 days to 1 year Total Up to 90 days 90 days to 1 year Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Salar S.A. Empresa Constructora Contex Ltda 540 1,618 2,158 457 1,407 1,864 SQM Salar S.A. Maquinarias Industriales Astudillo Hermanos Ltda. 100 300 400 89 272 361 SQM Salar S.A. SKM Industrial Ltda. 202 135 337 197 133 330 SQM Salar S.A. Maquinarias Industriales Astudillo Hermanos Ltda. 48 145 193 43 132 175 SQM Salar S.A. Sociedad Inmobiliaria Amaru SpA 49 146 195 47 144 191 SQM Salar S.A. Maquinarias Industriales Astudillo Hermanos Ltda. 8 23 31 7 20 27 SQM Industrial S.A. El Trovador S.A. 466 1,399 1,865 364 1,110 1,474 SQM Industrial S.A. Sociedad Comercial Grandleasing Chile Ltda 180 541 721 168 512 680 SQM Industrial S.A. Jungheinrich Rentalift SpA 30 88 118 27 82 109 SQM Industrial S.A. Tecnofast 18 56 74 18 55 73 SQM Nitratos S.A. Jungheinrich Rentalift SpA 18 55 73 17 50 67 SQM S.A. Jungheinrich Rentalift SpA 20 59 79 18 55 73 Orcoma Estudios SpA Obispado de Iquique 1 4 5 1 1 2 Orcoma Estudios SpA Comunidad Indígena Aymara Pueblo de Pisiga Choque 1 5 6 1 4 5 Orcoma Estudios SpA Ruth del Carmen Cortez Maturana 1 3 4 1 1 2 Soquimich Comercial S.A. Container Operators S.A. 86 257 343 85 257 342 Soquimich Comercial S.A. Muelles de Penco S.A. 41 124 165 41 122 163 Soquimich Comercial S.A. Muelles de Penco S.A. 44 134 178 44 131 175 Soquimich Comercial S.A. Inmobiliaria Chincui SPA 157 471 628 127 388 515 Soquimich Comercial S.A. Compañía de Leasing Tattersall S.A. 58 174 232 52 161 213 SQM North America Corp. Paces West LL. 55 168 223 44 138 182 SQM North America Corp. Hawkins Nunmber One, LLC 32 98 130 30 91 121 SQM North America Corp. Deep South Equipment Company 1 4 5 1 4 5 SQM North America Corp. Tennant- South 2 4 6 1 5 6 SQM Comercial de México S.A. de C.V. Onni Ensenada S.A. de C.V. 99 296 395 84 254 338 SQM Comercial de México S.A. de C.V. Madol Inmobiliaria S.A. de C.V. 20 58 78 17 53 70 SQM Comercial de México S.A. de C.V. Madol Inmobiliaria S.A. de C.V. 7 21 28 6 19 25 SQM Europe N.V. Straatsburgdok N.V. 102 306 408 95 288 383 SQM Australia PTY Ausco Modular Pty Limited 9 25 34 8 24 32 SQM Australia PTY Western Australian Land Authority (52 ) (227 ) (279 ) (103 ) (244 ) (347 ) SQM Australia PTY Eagle Petroleum (WA) Pty Ltd 5 6 11 3 8 11 SQM Australia PTY Knight Frank 12 - 12 12 - 12 SQM Colombia S.A.S. Mareauto Colombia S.A.S. 2 4 6 2 4 6 SQM Colombia S.A.S. Renting Colombia S.A. 2 7 9 2 7 9 SQM Colombia S.A.S. Renting Colombia S.A. 3 7 10 3 7 10 Total 2,367 6,514 8,881 2,009 5,695 7,704 Debtor Creditor Nominal amounts as of December 31,2020 Amounts at amortized cost as of December 31, 2020 Company Supplier Up to 90 days 90 days to 1 year Total Up to 90 days 90 days to 1 year Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Salar S.A. Empresa Constructora Contex Ltda 536 - 536 536 - 536 SQM Salar S.A. Transportes, Construcción y Servicios Cribach Ltda - - - - - - SQM Salar S.A. SKM Industrial Ltda. 202 607 809 181 566 747 SQM Salar S.A. Ameco Chile S.A. 135 - 135 134 - 134 SQM Industrial S.A. El Trovador S.A. 466 1,399 1,865 353 1,076 1,429 SQM Industrial S.A. Sociedad Comercial Grandleasing Chile Ltda 180 540 720 164 498 662 Soquimich Comercial S.A. SAAM Logistics S.A. - - - - - - Soquimich Comercial S.A. Muelles de Penco S.A. 41 124 165 54 107 161 Soquimich Comercial S.A. Muelles de Penco S.A. 44 133 177 57 115 172 Soquimich Comercial S.A. Inmobiliaria Chincui SPA 157 471 628 123 376 499 Soquimich Comercial S.A. Compañía de Leasing Tattersall S.A. 55 18 73 54 18 72 SQM North America Corp. Paces West LL. 53 163 216 41 128 169 SQM North America Corp. Hawkins Nunmber One, LLC 31 96 127 28 85 113 SQM Comercial de México S.A. de C.V. Onni Ensenada S.A. de C.V. 99 296 395 81 246 327 SQM Comercial de México S.A. de C.V. Madol Inmobiliaria S.A. de C.V. 20 59 79 16 49 65 SQM Comercial de México S.A. de C.V. Madol Inmobiliaria S.A. de C.V. 7 21 28 6 18 24 SQM Europe N.V. Straatsburgdok N.V. 91 302 393 83 279 362 SQM Australia PTY The trust Company (Australia) Pty Ltd 14 42 56 14 42 56 Total 2,131 4,271 6,402 1,925 3,603 5,528 (b) As of December 31, 2021 and 2020, the non-current lease liabilities are analyzed as follows: Debtor Creditor Nominal amounts as of December 31,2021 Amounts at amortized cost as of December 31, 2021 Company Supplier 1-2 Years 2-3 Years 3-4 Years Total 1-2 Years 2-3 Years 3-4 Years Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Salar S.A. Empresa Constructora Contex Ltda 4,317 540 - 4,857 4,036 535 - 4,571 SQM Salar S.A. Maquinarias Industriales Astudillo Hermanos Ltda. 800 434 - 1,234 754 426 - 1,180 SQM Salar S.A. SKM Industrial Ltda. - - - - - - - - SQM Salar S.A. Maquinarias Industriales Astudillo Hermanos Ltda. 386 177 - 563 365 174 - 539 SQM Salar S.A. Sociedad Inmobiliaria Amaru SpA 98 - - 98 97 - - 97 SQM Salar S.A. Maquinarias Industriales Astudillo Hermanos Ltda. 62 44 - 106 57 43 - 100 SQM Industrial S.A. El Trovador S.A. 3,730 5,594 4,040 13,364 3,086 4,997 3,905 11,988 SQM Industrial S.A. Sociedad Comercial Grandleasing Chile Ltda 1,141 - - 1,141 1,115 - - 1,115 SQM Industrial S.A. Jungheinrich Rentalift SpA 216 - - 216 209 - - 209 SQM Industrial S.A. Tecnofast - - - - - - - - SQM Nitratos S.A. Jungheinrich Rentalift SpA 134 - - 134 129 - - 129 SQM S.A. Jungheinrich Rentalift SpA 145 - - 145 141 - - 141 Orcoma Estudios SpA Obispado de Iquique 10 14 41 65 5 8 32 45 Orcoma Estudios SpA Comunidad Indígena Aymara Pueblo de Pisiga Choque 8 - - 8 8 - - 8 Orcoma Estudios SpA Ruth del Carmen Cortez Maturana 8 12 14 34 5 8 12 25 Soquimich Comercial S.A. Container Operators S.A. - - - - - - - - Soquimich Comercial S.A. Muelles de Penco S.A. 96 - - 96 96 - - 96 Soquimich Comercial S.A. Muelles de Penco S.A. 104 - - 104 103 - - 103 Soquimich Comercial S.A. Inmobiliaria Chincui SPA 1,255 1,883 261 3,399 1,082 1,766 259 3,107 Soquimich Comercial S.A. Compañía de Leasing Tattersall S.A. 465 116 - 581 444 115 - 559 SQM North America Corp. Paces West LL. 465 752 - 1,217 403 714 - 1,117 SQM North America Corp. Hawkins Nunmber One, LLC 224 - - 224 217 - - 217 SQM North America Corp. Deep South Equipment Company 6 - - 6 6 - - 6 SQM North America Corp. Tennant- South 3 - - 3 3 - - 3 SQM Comercial de México S.A. de C.V. Onni Ensenada S.A. de C.V. 789 756 - 1,545 713 731 - 1,444 SQM Comercial de México S.A. de C.V. Madol Inmobiliaria S.A. de C.V. 65 - - 65 63 - - 63 SQM Comercial de México S.A. de C.V. Madol Inmobiliaria S.A. de C.V. 24 - - 24 23 - - 23 SQM Europe N.V. Straatsburgdok N.V. 844 1,015 - 1,859 807 1,000 - 1,807 SQM Australia PTY Ausco Modular Pty Limited 15 - - 15 15 - - 15 SQM Australia PTY Western Australian Land Authority 1,184 2,995 24,724 28,903 (86 ) 1,146 16,710 17,770 SQM Colombia S.A.S. Mareauto Colombia S.A.S. 6 - - 6 6 - - 6 SQM Colombia S.A.S. Renting Colombia S.A. 15 - - 15 15 - - 15 SQM Colombia S.A.S. Renting Colombia S.A. 21 - - 21 21 - - 21 Total 16,636 14,332 29,080 60,048 13,938 11,663 20,918 46,519 F-107 Notes to the Consolidated Financial Statements Debtor Creditor Nominal amounts as of December 31,2020 Amounts at amortized cost as of December 31, 2020 Company Supplier 1-2 Years 2-3 Years 3-4 Years Total 1-2 Years 2-3 Years 3-4 Years Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Salar S.A. Empresa Constructora Contex Ltda - - - - - - - - SQM Salar S.A. Transportes, Construcción y Servicios Cribach Ltda - - - - - - - - SQM Salar S.A. SKM Industrial Ltda. 337 - - 337 330 - - 330 SQM Salar S.A. Ameco Chile S.A. - - - - - - - - SQM Industrial S.A. El Trovador S.A. 3,730 5,594 5,905 15,229 2,993 4,847 5,622 13,462 SQM Industrial S.A. Sociedad Comercial Grandleasing Chile Ltda 1,441 420 - 1,861 1,379 417 - 1,796 Soquimich Comercial S.A. SAAM Logistics S.A. - - - - - - - - Soquimich Comercial S.A. Muelles de Penco S.A. 262 - - 262 163 96 - 259 Soquimich Comercial S.A. Muelles de Penco S.A. 281 - - 281 175 103 - 278 Soquimich Comercial S.A. Inmobiliaria Chincui SPA 1,255 1,883 889 4,027 1,047 1,707 867 3,621 Soquimich Comercial S.A. Compañía de Leasing Tattersall S.A. - - - - - - - - SQM North America Corp. Paces West LL. 452 730 258 1,440 377 668 253 1,298 SQM North America Corp. Hawkins Nunmber One, LLC 263 90 - 353 249 89 - 338 SQM Comercial de México S.A. de C.V. Onni Ensenada S.A. de C.V. 789 1,151 - 1,940 689 1,094 - 1,783 SQM Comercial de México S.A. de C.V. Madol Inmobiliaria S.A. de C.V. 144 - - 144 133 - - 133 SQM Comercial de México S.A. de C.V. Madol Inmobiliaria S.A. de C.V. 52 - - 52 48 - - 48 SQM Europe N.V. Straatsburgdok N.V. 816 1,339 113 2,268 768 1,308 113 2,189 SQM Australia PTY The trust Company (Australia) Pty Ltd 11 - - 11 11 - - 11 Total 9,833 11,207 7,165 28,205 8,362 10,329 6,855 25,546 Other lease disclosures Total lease expenses related to lease payments that did not qualify under the scope of IFRS 16 were ThUS$ 71,897 and ThUS$ 61,689 for the periods ended December 31, 2021 and 2020. See Note 21.8. Expenses related to variable payments not included in lease liabilities were ThUS $ 1,313 and ThUS $ 1,117 for the periods ending December 31, 2021 and 2020. Income from subleases on right-of-use assets were ThUS$ 146 and ThUS$ 176 as of December 31, 2021 and 2020, respectively. Payments for contractual operating leases are disclosed in Note 4.2 Liquidity Risk. |
Intangible assets and goodwill
Intangible assets and goodwill | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure Of Intangible Assets And Goodwill [Abstract] | |
Disclosure of intangible assets and goodwill [text block] | Note 14 I 1 4 R assets goodwill As of December 31, 2021 Intangible assets and goodwill Useful life Net Value ThUS$ IT programs Finite 3,447 Mining rights Finite 149,532 Water rights and rights of way Indefinite 4,909 Water rights Finite 15,158 Customer-related intangible assets Finite - Intellectual property Finite 6,481 Other intangible assets Finite 131 Intangible assets other than goodwill 179,658 Goodwill Indefinite 34,596 Total Intangible Asset 214,254 As of December 31, 2020 Intangible assets and goodwill Useful life Net Value ThUS$ IT programs Finite 4,826 Mining rights Finite 150,046 Water rights and rights of way Indefinite 5,343 Water rights Finite 18,000 Customer-related intangible Finite - Other intangible assets Finite 192 Intangible assets other than goodwill 178,407 Goodwill Indefinite 41,966 Total Intangible Asset 220,373 a) Movements in identifiable intangible assets as of December 31, 2021: Gross Value IT programs Mining rights, Water rights, Water rights Finite Customer- Intellectual Other intangible Goodwill Identifiable ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening Balance 35,281 160,496 7,424 18,000 1,778 - 2,274 45,500 270,753 Additions 296 344 - - - - 9 - 649 Other increases / decreases for foreign currency exchange rates (19 ) 2,283 (4 ) - - - (6 ) - 2,254 Impairment losses recognized in profit or loss for the year - - - - - - - - - Decrease for classification as held for sale - - - - - - - - - Transferred from available for sale - 16 - - - - - - 16 Other increases (decreases) 58 (246 ) - - - 7,370 - (7,370 ) (188 ) Total increases (decreases) 335 2,397 (4 ) - - 7,370 3 (7,370 ) 2,731 Closing balance 35,616 162,893 7,420 18,000 1,778 7,370 2,277 38,130 273,484 Accumulated amortization and impairment IT programs Mining rights, Water rights, Water rights Finite Customer- Intellectual Other intangible Goodwill Identifiable ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening Balance (30,455 ) (10,450 ) (2,081 ) - (1,778 ) - (2,082 ) (3,534 ) (50,380 ) Other increases / decreases for foreign currency exchange rates 2 - - - - - - - 2 Other increases (decreases) - - - - - - - - - Impairment losses recognized in profit for the year (1) - (48 ) (430 ) - - - - - (478 ) Amortization (1,716 ) (2,863 ) - (2,842 ) - (889 ) (64 ) - (8,374 ) Total increases (decreases) (1,714 ) (2,911 ) (430 ) (2,842 ) - (889 ) (64 ) - (8,850 ) Closing balance (32,169 ) (13,361 ) (2,511 ) (2,842 ) (1,778 ) (889 ) (2,146 ) (3,534 ) (59,230 ) (1) See Note 21.5 Net value IT programs Mining rights, Water rights, Water rights Finite Customer- Intellectual Other intangible Goodwill Identifiable ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening Balance 4,826 150,046 5,343 18,000 - - 192 41,966 220,373 Additions 296 344 - - - - 9 - 649 Amortization (1,716 ) (2,863 ) - (2,842 ) - (889 ) (64 ) - (8,374 ) Impairment losses recognized in profit for the year - (48 ) (430 ) - - - - - (478 ) Other increases / decreases for foreign currency exchange rates (17 ) 2,283 (4 ) - - - (6 ) - 2,256 Decreases through sale - - - - - - - - - Transferred from available for sale - 16 - - - - - - 16 Other increases (decreases) 58 (246 ) - - - 7,370 - (7,370 ) (188 ) Total increases (decreases) (1,379 ) (514 ) (434 ) (2,842 ) - 6,481 (61 ) (7,370 ) (6,119 ) Closing balance 3,447 149,532 4,909 15,158 - 6,481 131 34,596 214,254 Movements in identifiable intangible assets as of December 31, 2020: Gross Value IT programs Mining rights, Finite Water rights, and rights of way, Indefinite Customer- related intangible assets Other intangible assets Goodwill Identifiable intangible assets ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening Balance 34,471 158,337 25,423 1,778 2,188 38,120 260,317 Additions 508 2,295 - - 72 7,380 10,255 Other increases / decreases for foreign currency exchange rates 5 - 1 - - - 6 Decreases through sale - (136 ) - - - - (136 ) Other increases (decreases) 297 - - - 14 - 311 Total increases (decreases) 810 2,159 1 - 86 7,380 10,436 Closing balance 35,281 160,496 25,424 1,778 2,274 45,500 270,753 Accumulated amortization and impairment intangible assets IT programs Mining rights, Finite Water rights, and rights of way, Indefinite Customer- related intangible assets Other intangible assets Goodwill Identifiable intangible assets ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening Balance (28,460 ) (767 ) (2,081 ) (505 ) (2,026 ) (3,394 ) (37,233 ) Other increases / decreases for foreign currency exchange rates - - - - - - - Other increases (decreases) - (2 ) - - - - (2 ) Impairment losses recognized in profit for the year (14 ) (654 ) - (990 ) - (140 ) (1,798 ) Amortization (1,981 ) (9,027 ) - (283 ) (56 ) - (11,347 ) Total increases (decreases) (1,995 ) (9,683 ) - (1,273 ) (56 ) (140 ) (13,147 ) Closing balance (30,455 ) (10,450 ) (2,081 ) (1,778 ) (2,082 ) (3,534 ) (50,380 ) Net value IT programs Mining rights, Finite Water rights, and rights of way, Indefinite Customer- related intangible assets Other intangible assets Goodwill Identifiable intangible assets ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening Balance 6,011 157,570 23,342 1,273 162 34,726 223,084 Additions 508 2,295 - - 72 7,380 10,255 Amortization (1,981 ) (9,027 ) - (283 ) (56 ) - (11,347 ) Impairment losses recognized in profit for the year (14 ) (654 ) - (990 ) - (140 ) (1,798 ) Other increases / decreases for foreign currency exchange rates 5 - 1 - - - 6 Decreases through sale - (136 ) - - - - (136 ) Other increases (decreases) 297 (2 ) - - 14 - 309 Total increases (decreases) (1,185 ) (7,524 ) 1 (1,273 ) 30 7,240 (2,711 ) Closing balance 4,826 150,046 23,343 - 192 41,966 220,373 (b) Movements in identifiable goodwill as of December 31, 2021: Gross Value Movements in identifiable goodwill Opening balance Additional recognition Reclassification to intangible assets Total increase (decrease) Goodwill at end of period ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Industrial S.A. 3,214 - - - 3,214 SQM S.A. 22,255 - - - 22,255 SQM Iberian S.A. 148 - - - 148 SQM Investment Corporation 86 - - - 86 Soquimich Comercial S.A. 320 - - - 320 Soquimich European Holding B.V. 11,383 - - - 11,383 SQM Holland B.V. 7,370 - - (7,370 ) - SQM Potasio S.A. 724 - - - 724 Total increases (decreases) 45,500 - - (7,370 ) 38,130 Closing balance 45,500 - - (7,370 ) 38,130 (*) The measurement of assets and liabilities related to the acquisition of the WNSPK (see Note 7) was completed in 2021 and as a result, Th$7,370 was identified as intellectual property and reclassified from goodwill accordingly. Accumulated impairment Movements in identifiable goodwill Opening balance Additional recognition Reclassification to intangible assets Total increase (decrease) Goodwill at end of period ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Industrial S.A. (3,214 ) - - - (3,214 ) SQM S.A. - - - - - SQM Iberian S.A. - - - - - SQM Investment Corporation - - - - - Soquimich Comercial S.A. (320 ) - - - (320 ) Soquimich European Holding B.V. - - - - - SQM Holland B.V. - - - - - SQM Potasio S.A. - - - - - Total increases (decreases) (3,534 ) - - - (3,534 ) Closing balance (3,534 ) - - - (3,534 ) Net Value Movements in identifiable goodwill Opening balance Additional recognition Reclassification to intangible assets Total increase (decrease) Goodwill at end of period ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Industrial S.A. - - - - - SQM S.A. 22,255 - - - 22,255 SQM Iberian S.A. 148 - - - 148 SQM Investment Corporation 86 - - - 86 Soquimich Comercial S.A. - - - - - Soquimich European Holding B.V. 11,383 - - - 11,383 SQM Holland B.V. 7,370 - - (7,370 ) - SQM Potasio S.A. 724 - - - 724 Total increases (decreases) 41,966 - - (7,370 ) 34,596 Closing balance 41,966 - - (7,370 ) 34,596 Movements in identifiable goodwill as of December 31, 2020 Gross Value Movements in identifiable goodwill Opening balance Additional recognition Impairment losses recognized Total increase (decrease) Goodwill at end of period ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Industrial S.A. 3,214 - - - 3,214 SQM S.A. 22,255 - - - 22,255 SQM Iberian S.A. 148 - - - 148 SQM Investment Corporation 86 - - - 86 Soquimich Comercial S.A. 320 - - - 320 Soquimich European Holding B.V. 11,373 10 - 10 11,383 SQM Holland B.V. - 7,370 - 7,370 7,370 SQM Potasio S.A. 724 - - - 724 Total increases (decreases) 38,120 7,380 - 7,380 45,500 Closing balance 38,120 7,380 - 7,380 45,500 Accumulated impairment Movements in identifiable goodwill Opening balance Additional recognition Impairment losses recognized Total increase (decrease) Goodwill at end of period ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Industrial S.A. (3,214 ) - - - (3,214 ) SQM S.A. - - - - - SQM Iberian S.A. - - - - - SQM Investment Corporation - - - - - Soquimich Comercial S.A. (180 ) - (140 ) (140 ) (320 ) Soquimich European Holding B.V. - - - - - SQM Holland B.V. - - - - - SQM Potasio S.A. - - - - - Total increases (decreases) (3,394 ) - (140 ) (140 ) (3,534 ) Closing balance (3,394 ) - (140 ) (140 ) (3,534 ) Net Value Movements in identifiable goodwill Opening balance Additional recognition Impairment losses recognized Total increase (decrease) Goodwill at end of period ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Industrial S.A. - - - - - SQM S.A. 22,255 - - - 22,255 SQM Iberian S.A. 148 - - - 148 SQM Investment Corporation 86 - - - 86 Soquimich Comercial S.A. 140 - (140 ) (140 ) - Soquimich European Holding B.V. 11,373 10 - 10 11,383 SQM Holland B.V. - 7,370 - 7,370 7,370 SQM Potasio S.A. 724 - - - 724 Total increases (decreases) 34,726 7,380 (140 ) 7,240 41,966 Closing balance 34,726 7,380 (140 ) 7,240 41,966 |
Property, plant and equipment
Property, plant and equipment | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure of detailed information about property, plant and equipment [abstract] | |
Disclosure of detailed information about property, plant and equipment explanatory [Text Block] | Note 15 P As of December 31, 2021, and 2020, the detail of property, plant and equipment is as follows: 15.1 T Description of types of property, plant and equipment As of December 31, 2021 As of December 31, ThUS$ ThUS$ Property, plant and equipment, net Land 23,507 23,579 Buildings 270,563 239,666 Other property, plant and equipment 32,846 35,418 Transport equipment 2,463 2,880 Supplies and accessories 5,556 4,183 Office equipment 1,386 459 Network and communication equipment 1,359 1,272 Mining assets 38,241 47,052 IT equipment 3,570 4,083 Energy generating assets 3,970 4,878 Constructions in progress 731,787 486,345 Machinery, plant and equipment 896,977 887,504 Total 2,012,225 1,737,319 Property, plant and equipment, gross Land 23,507 23,579 Buildings 767,096 705,089 Other property, plant and equipment 239,582 234,238 Transport equipment 13,357 13,030 Supplies and accessories 28,786 26,101 Office equipment 12,943 11,607 Network and communication equipment 9,577 8,951 Mining assets 195,889 194,562 IT equipment 30,456 29,629 Energy generating assets 38,540 38,540 Constructions in progress 731,787 486,345 Machinery, plant and equipment 3,464,881 3,304,061 Total 5,556,401 5,075,732 Accumulated depreciation and value impairment of property, plant and equipment, total Accumulated depreciation and impairment of buildings (496,533 ) (465,423 ) Accumulated depreciation and impairment of other property, plant and equipment (206,736 ) (198,820 ) Accumulated depreciation and impairment of transport equipment (10,894 ) (10,150 ) Accumulated depreciation and impairment of supplies and accessories (23,230 ) (21,918 ) Accumulated depreciation and impairment of office equipment (11,557 ) (11,148 ) Accumulated depreciation and impairment of network and communication equipment (8,218 ) (7,679 ) Accumulated depreciation and impairment of mining assets (157,648 ) (147,510 ) Accumulated depreciation and impairment of IT equipment (26,886 ) (25,546 ) Accumulated depreciation and impairment of energy generating assets (34,570 ) (33,662 ) Accumulated depreciation and impairment of machinery, plant and equipment (2,567,904 ) (2,416,557 ) Total (3,544,176 ) (3,338,413 ) Description of classes of property, plant and equipment As of December 31, 2021 As of December 31, ThUS$ ThUS$ Property, plant and equipment, net Pumps 28,889 28,184 Conveyor Belt 18,294 20,117 Crystallizer 20,189 22,145 Plant Equipment 168,370 173,335 Tanks 22,358 15,367 Filter 41,438 35,553 Electrical equipment/facilities 97,594 93,937 Other Property, Plant & Equipment 71,150 49,930 Site Closure 34,248 36,828 Piping 106,317 102,578 Well 202,982 226,347 Pond 42,547 41,906 Spare Parts (1) 42,601 41,277 Total 896,977 887,504 (1) The reconciliation of the spare parts provision as of December 31, 2021 and 2020 is as follows: Conciliation As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Opening balance 42,881 39,265 Increase in provision 5,381 3,616 Closing balance 48,262 42,881 15.2 R of changes in property, plant and equipment by type: Reconciliation of changes in property, plant and equipment by class as of December 31, 2021 and 2020: Reconciliation of changes in property, Land Buildings Other Transport Supplies Equipment Network and Mining IT Energy Assets Machinery, Property, ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening balance 23,579 705,089 234,238 13,030 26,101 11,607 8,951 194,562 29,629 38,540 486,345 3,304,061 5,075,732 Additions - - 346 - - 29 58 - 232 - 470,112 756 471,533 Disposals - - - - - - - - - - - - - Increase (decrease) in foreign currency translation difference (72 ) (152 ) (8 ) (3 ) (14 ) (3 ) - - (9 ) - - (166 ) (427 ) Reclassifications - 62,185 5,009 342 2,699 1,310 553 1,327 510 - (224,945 ) 155,900 4,890 Other increases (decreases) - (26 ) (3 ) (12 ) - - 15 - 94 - 275 4,330 4,673 Decreases for classification as held for sale - - - - - - - - - - - - - Total changes (72 ) 62,007 5,344 327 2,685 1,336 626 1,327 827 - 245,442 160,820 480,669 Closing balance 23,507 767,096 239,582 13,357 28,786 12,943 9,577 195,889 30,456 38,540 731,787 3,464,881 5,556,401 Reconciliation of changes in property, Land Buildings Other Transport Supplies Equipment Network and Mining IT Energy Assets Machinery, Property, ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening balance - (465,423 ) (198,820 ) (10,150 ) (21,918 ) (11,148 ) (7,679 ) (147,510 ) (25,546 ) (33,662 ) - (2,416,557 ) (3,338,413 ) Changes Disposals - - - - - - - - - - - - - Depreciation expense - (30,872 ) (7,848 ) (759 ) (1,384 ) (383 ) (539 ) (10,138 ) (1,387 ) (908 ) - (141,460 ) (195,678 ) Impairment (3) - (456 ) (75 ) - (16 ) (8 ) - - (8 ) - - (5,019 ) (5,582 ) Increase (decrease) in foreign currency translation difference - 72 7 3 14 2 - - 9 - - 97 204 Reclassifications - 106 (1 ) 12 74 (20 ) - - 47 - - (5,108 ) (4,890 ) Other increases (decreases) (1) - 40 1 - - - - - (1 ) - - 143 183 Decreases for classification as held for sale - - - - - - - - - - - - - Total changes - (31,110 ) (7,916 ) (744 ) (1,312 ) (409 ) (539 ) (10,138 ) (1,340 ) (908 ) - (151,347 ) (205,763 ) Closing balance - (496,533 ) (206,736 ) (10,894 ) (23,230 ) (11,557 ) (8,218 ) (157,648 ) (26,886 ) (34,570 ) - (2,567,904 ) (3,544,176 ) Reconciliation of changes in property, Land Buildings Other Transport Supplies Equipment Network and Mining IT Energy Assets Machinery, Property, ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening balance 23,579 239,666 35,418 2,880 4,183 459 1,272 47,052 4,083 4,878 486,345 887,504 1,737,319 Additions - - 346 - - 29 58 - 232 - 470,112 756 471,533 Disposals - - - - - - - - - - - - - Depreciation expense - (30,872 ) (7,848 ) (759 ) (1,384 ) (383 ) (539 ) (10,138 ) (1,387 ) (908 ) - (141,460 ) (195,678 ) Impairment (3) - (456 ) (75 ) - (16 ) (8 ) - - (8 ) - - (5,019 ) (5,582 ) Increase (decrease) in foreign currency translation difference (72 ) (80 ) (1 ) - - (1 ) - - - - - (69 ) (223 ) Reclassifications - 62,291 5,008 354 2,773 1,290 553 1,327 557 - (224,945 ) 150,792 - Other increases (decreases) (1) - 14 (2 ) (12 ) - - 15 - 93 - 275 4,473 4,856 Decreases for classification as held for sale (2) - - - - - - - - - - - - - Total changes (72 ) 30,897 (2,572 ) (417 ) 1,373 927 87 (8,811 ) (513 ) (908 ) 245,442 9,473 274,906 Closing balance 23,507 270,563 32,846 2,463 5,556 1,386 1,359 38,241 3,570 3,970 731,787 896,977 2,012,225 (1) The net balance of “Other Increases (Decreases)” corresponds to all those items that are reclassified to or from “Property, Plant and Equipment”, They can have the following origin: (i) work in progress which is expensed to profit or loss, forming part of operating costs or other expenses per function, as appropriate; (ii) the variation representing the purchase and use of materials and spare parts; (iii) projects corresponding mainly to exploration expenditures and ground studies that are reclassified to the item other non-current financial assets; (iv) software that is reclassified to “Intangibles (v) Provisions related to the investment plan and assets related to closing the site. (2) The Company classifies as non-current held for sale property, plant and equipment (disposal group) that, at the closing date of the financial statements, is subject to a commitment for sale or where the sales process has been initiated and where the sale is expected to occur within twelve months of that date. These assets or disposal groups are valued at the lower of carrying amount or the estimated sales value less the costs to sell and stop being amortized from the moment they are classified as non-current assets held for sale. (3) See note 21.5. Reconciliation of changes in property, Land Buildings Other Transport Supplies Equipment Network and Mining IT Energy Assets Machinery, Property, ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening balance 23,620 666,027 257,247 12,143 25,531 11,441 8,009 161,619 28,693 38,495 375,316 3,142,461 4,750,602 Additions - 838 278 - 82 33 386 - 429 - 319,192 987 322,225 Disposals - - (33,048 ) - (1 ) - - - - - - (149 ) (33,198 ) Increase (decrease) in foreign currency translation difference 22 49 2 1 5 - - - 12 - - 53 144 Reclassifications - 32,179 9,940 886 488 133 558 32,943 548 45 (203,412 ) 125,692 - Other increases (decreases) (27 ) 5,996 (181 ) - (4 ) - (2 ) - (53 ) - (4,751 ) 35,017 35,995 Decreases for classification as held for sale (36 ) - - - - - - - - - - - (36 ) Total changes (41 ) 39,062 (23,009 ) 887 570 166 942 32,943 936 45 111,029 161,600 325,130 Closing balance 23,579 705,089 234,238 13,030 26,101 11,607 8,951 194,562 29,629 38,540 486,345 3,304,061 5,075,732 Reconciliation of changes in property, Land Buildings Other Transport Supplies Equipment Network and Mining IT Energy Assets Machinery, Property, ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening balance - (438,854 ) (224,602 ) (9,457 ) (20,952 ) (11,021 ) (7,346 ) (138,445 ) (24,334 ) (32,497 ) - (2,273,188 ) (3,180,696 ) Changes Disposals - - 33,048 - 1 - - - - - - 148 33,197 Depreciation expense - (26,779 ) (7,284 ) (692 ) (966 ) (126 ) (335 ) (9,065 ) (1,242 ) (1,165 ) - (134,230 ) (181,884 ) Impairment - (23 ) (21 ) - - - - - (12 ) - - (9,507 ) (9,563 ) Increase (decrease) in foreign currency translation difference - (20 ) (2 ) (1 ) (4 ) (1 ) - - (10 ) - - (28 ) (66 ) Reclassifications - - - - - - - - - - - - - Other increases (decreases) (1) - 253 41 - 3 - 2 - 52 - - 248 599 Decreases for classification as held for sale - - - - - - - - - - - - - Total changes - (26,569 ) 25,782 (693 ) (966 ) (127 ) (333 ) (9,065 ) (1,212 ) (1,165 ) - (143,369 ) (157,717 ) Closing balance - (465,423 ) (198,820 ) (10,150 ) (21,918 ) (11,148 ) (7,679 ) (147,510 ) (25,546 ) (33,662 ) - (2,416,557 ) (3,338,413 ) Reconciliation of changes in property, Land Buildings Other Transport Supplies Equipment Network and Mining IT Energy Assets Machinery, Property, ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening balance 23,620 227,173 32,645 2,686 4,579 420 663 23,174 4,359 5,998 375,316 869,273 1,569,906 Additions - 838 278 - 82 33 386 - 429 - 319,192 987 322,225 Disposals - - - - - - - - - - - (1 ) (1 ) Depreciation expense - (26,779 ) (7,284 ) (692 ) (966 ) (126 ) (335 ) (9,065 ) (1,242 ) (1,165 ) - (134,230 ) (181,884 ) Deterioration - (23 ) (21 ) - - - - - (12 ) - - (9,507 ) (9,563 ) Increase (decrease) in foreign currency translation difference 22 29 - - 1 (1 ) - - 2 - - 25 78 Reclassifications - 32,179 9,940 886 488 133 558 32,943 548 45 (203,412 ) 125,692 - Other increases (decreases) (1) (27 ) 6,249 (140 ) - (1 ) - - - (1 ) - (4,751 ) 35,265 36,594 Decreases for classification as held for sale (2) (36 ) - - - - - - - - - - - (36 ) Total changes (41 ) 12,493 2,773 194 (396 ) 39 609 23,878 (276 ) (1,120 ) 111,029 18,231 167,413 Closing balance 23,579 239,666 35,418 2,880 4,183 459 1,272 47,052 4,083 4,878 486,345 887,504 1,737,319 (1) The net balance of “Other increases (Decreases)” corresponds to all those items that are reclassified to or from property, plant and equipment, They can have the following origin: (i) work in progress which is expensed to profit or loss, forming part of operating costs or other expenses per function, as appropriate; (ii) the variation representing the purchase and use of materials and spare parts; (iii) projects corresponding mainly to exploration expenditures and ground studies that are reclassified to the item other non-current financial assets; (iv) software that is reclassified to “Intangibles”, (v) Provisions related to the investment plan and assets associated to closing the site. (2) The Company classifies as non-current held for sale property, plant and equipment (disposal group) that, at the closing date of the financial statements, is subject to a commitment for sale or where the sales process has been initiated and where the sale is expected to occur within twelve months of that date. These assets or disposal groups are valued at the lower of carrying amount or the estimated sales value less the costs to sell and stop being amortized from the moment they are classified as non-current assets held for sale. 15.3 D There are no restrictions in title or guarantees for compliance with obligations that affect property, plant and equipment. 15.4 C The cost of interest is recognized by applying an average or average weighted interest rate for all financing costs incurred by the Company to the final monthly balances for works underway and complies with the requirements of IAS 23. Financing costs are not activated for periods that exceed the normal term for acquisition, construction or installation of the property; such is the case for delays, interruptions or temporary suspension of the project due to technical, financial or other problems that make it impossible to leave the property in usable conditions. The rates and costs for capitalized interest of property, plant and equipment are detailed as follows: Costs of capitalized interest As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Capitalized interest rate 4 % 4 % Amount of interest cost capitalized 14,206 8,462 |
Other current and non-current n
Other current and non-current non-financial assets | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure of other non-financial assets [Abstract] | |
Disclosure of other non-financial assets [Text Block] | N As of December 31, 2021, and 2020, the detail of “Other Current and Non-current Assets” is as follows: Other non-financial assets, current As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Domestic Value Added Tax 26,356 18,107 Foreign Value Added Tax 14,395 7,785 Prepaid mining licenses 1,233 1,025 Prepaid insurance 20,443 10,307 Other prepayments 659 946 Refund of Value Added Tax to exporters - 14,316 Other taxes 6,030 4,499 Other assets 754 414 Total 69,870 57,399 Other non-financial assets, non-current As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Exploration and evaluation expenses (1) 26,752 17,883 Guarantee deposits 622 731 Other assets 6,113 3,428 Total 33,487 22,042 (1) Reconciliation of changes in assets for exploration and mineral resource evaluation, by type Movements in assets for the exploration and evaluation of mineral resources as of December 31, 2021, and 2020: Conciliation As of December 31, 2021 As of December 31, 2020 As of December 31, 2019 ThUS$ ThUS$ ThUS$ Opening balance 17,883 18,654 26,189 Change in assets for exploration and evaluation of mineral resources Additions 8,071 - - Short term reclassifications 83 (526 ) (1,311 ) Increase (decrease) due to transfers and other charges 715 (245 ) (6,224 ) Total changes 8,869 (771 ) (7,535 ) Total 26,752 17,883 18,654 As of the presentation date, no reevaluations of assets for exploration and assessment of mineral resources have been conducted. Mineral resource exploration and evaluation expenditure Given the nature of operations of the Company and the type of exploration it undertakes, disbursements for exploration can be found in 4 stages: Execution, economically feasible, not economically feasible and in exploitation: (a) Not economically feasible (b) Execution: Explorations in execution As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Chile 12,915 14,265 Total 12,915 14,265 Reconciliation of explorations in execution As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Opening balance 14,265 18,654 Disbursements 11,964 - Reclassifications (13,314 ) (4,389 ) Total changes (1,350 ) (4,389 ) Total 12,915 14,265 (c) Economically feasible Economically feasible Type of Exploration As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Chile (1) Metallic/Non-Metallic 18,154 10,872 Total 18,154 10,872 (1) The value presented for Chile is as of December 2021 for ThUS 5,622, corresponding to non-metallic exploration and evaluation and ThUS$ 12,367 associated with metallic exploration. In December 2020, the amounts of non-metallic exploration were ThUS$ 6,576 and metallic exploration were ThUS$ 4,296 Economically feasible metallic exploration is classified as advanced exploration. F-124 Notes to the Consolidated Financial Statements Economically feasible metallic explorations are those classified as advanced exploration. Economically feasible As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Opening balance 10,872 10,009 Additions 8,071 - Reclassifications from Exploration in execution – Chile 1,906 863 Reclassifications to Exploration in Exploitation-Chile (2,695 ) - Total changes 7,282 863 Total 18,154 10,872 (d) In Exploitation Short-Term Exploitation rec As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Opening balance 1,318 1,367 Amortization (1,359 ) (1,683 ) Reclassifications 1,276 1,634 Total changes (83 ) (49 ) Total 1,235 1,318 Long conciliation As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Opening balance 7,011 8,645 Amortization - - Reclassifications 1,587 (1,634 ) Total changes 1,587 (1,634 ) Total 8,598 7,011 |
Employee benefits
Employee benefits | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure of detailed information about provision for employee benefits [Abstract] | |
Disclosure of employee benefits [text block] | Note 17 E 17.1 P Classes of benefits and expenses by employee As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Current Profit sharing and bonuses 1,383 7,770 Performance bon u 25,392 1,326 Total 26,775 9,096 Non-current Profit sharing and bonuses - - Severance indemnity payments 27,099 32,199 Total 27,099 32,199 17.2 P This policy is applied to all benefits received for services provided by the Company's employees. This is divided as follows: a) Short-term benefits for active employees are represented by salaries, social welfare benefits, paid time off, sickness and other types of leave, profit sharing and incentives and non-monetary benefits; e.g., healthcare service, housing, subsidized or free goods or services. These will be paid in a term which does not exceed twelve months. The Company maintains incentive programs for its employees, which are calculated based on the net result at the close of each period by applying a factor obtained from an evaluation based on their personal performance, the Company’s performance and other short-term and long-term indicators. b) Staff severance indemnities are agreed and payable based on the final salary, calculated in accordance with each year of service to the Company, with certain maximum limits in respect of either the number of years or in monetary terms. In general, this benefit is payable when the employee or worker ceases to provide his/her services to the Company and there are a number of different circumstances through which a person can be eligible for it, as indicated in the respective agreements; e.g. retirement, dismissal, voluntary retirement, incapacity or disability, death, etc. See Note 17.3. c) Obligations after employee retirement, described in Note 17.4. d) Retention bonuses for a group of Company executives, described in Note 17.6. 17.3 O The actuarial assessment method has been used to calculate the Company’s obligations with respect to staff severance indemnities, which relate to defined benefit plans consisting of days of remuneration per year served at the time of retirement under conditions agreed in the respective agreements established between the Company and its employees. Under this benefit plan, the Company retains the obligation to pay staff severance indemnities related to retirement, without establishing a separate fund with specific assets, which is referred to as not funded Benefit payment conditions The staff severance indemnity benefit relates to remuneration days for years worked for the Company without a limit being imposed in regard of amount of salary or years of service. It applies when employees cease to work for the Company because they are made redundant or in the event of their death. This benefit is applicable up to a maximum age of 65 for men and 60 for women, which are the usual retirement ages according to the Chilean pensions system as established in Decree Law 3,500 of 1980. Methodology The determination of the defined benefit obligation is made under the requirements of IAS 19 “Employee benefits”. 17.4 P Our subsidiary SQM NA, together with its employees established a pension plan until 2002 called the “SQM North America Retirement Income Plan”. This obligation is calculated measuring the expected future forecast staff severance indemnity obligation using a net salary gradual rate of restatements for inflation, mortality and turnover assumptions, discounting the resulting amounts at present value using the interest rate defined by the authorities. Since 2003, SQM NA offers benefits related to pension plans based on the 401-K system to its employees, which do not generate obligations for the Company. Reconciliation Changes in the benefit obligation As of December 31, 2021 As of December 31, 2020 As of December 31, 2019 ThUS$ ThUS$ ThUS$ Opening balance 9,864 9,586 8,657 cost of service - - - Interest cost 240 280 336 Actuarial loss (135 ) 506 984 Benefits paid (419 ) (508 ) (391 ) Total benefit obligation (A) 9,550 9,864 9,586 Reconciliation Changes in plan assets As of December 31, 2021 As of December 31, 2020 As of December 31, 2019 ThUS$ ThUS$ ThUS$ Fair value of plan assets at the start of the year 12,888 8,754 8,404 Actual gains on plan assets 1,028 4,642 741 Benefits paid (419 ) (508 ) (391 ) Fair value of plan assets as of the year-end (B) 13,497 12,888 8,754 Net value (A – B) 3,947 3,025 (832 ) Items not yet recognized as components of net periodic pension costs: Net actuarial loss at the beginning of the year 192 (3,634 ) (3,022 ) Amortization during the year - 326 242 Estimated net gain for the year 847 3,500 (854 ) Movement to recognize minimum pension obligations 1,039 192 (3,634 ) Cost of service or benefits received during the year As of December 31, 2021 As of December 31, 2020 As of December 31, 2019 ThUS$ ThUS$ ThUS$ Cost of service or benefits received during the year - - - Interest cost of benefit obligation 240 280 336 Actual gains on plan assets 1,028 4,642 741 Amortization of prior year losses - 326 242 Net gains during the year 847 3,500 (854 ) Net periodic pension costs (76 ) (31 ) (33 ) 17.5 S As of December 31, 2021, and 2020, severance indemnities calculated at the actuarial value are as follows: Staff severance indemnities As of December 31, 2021 As of December 31, 2020 As of December 31, 2019 ThUS$ ThUS$ ThUS$ Opening balance (32,199 ) (27,814 ) (28,233 ) Current cost of service (4,978 ) (3,804 ) (2,880 ) Interest cost (1,303 ) (1,486 ) (1,661 ) Actuarial gain loss 3,999 (2,826 ) (2,514 ) Exchange rate difference 4,971 (1,513 ) 2,475 Benefits paid during the year 2,411 5,244 4,999 Total (27,099 ) (32,199 ) (27,814 ) (a) Actuarial assumptions The liability recorded for staff severance indemnity is valued at the actuarial value method, using the following actuarial assumptions: Actuarial assumptions As of December 31, 2021 As of December 31, 2020 As of December 31, 2019 Annual/Years Mortality rate RV - 2014 RV - 2014 RV - 2014 Actual annual interest rate 5.67 % 3.65 % 3.68 % Voluntary retirement rate: Men 6.49 % 6.49 % 6.49 % Annual Women 6.49 % 6.49 % 6.49 % Annual Salary increase 3.00 % 3.00 % 3.00 % Annual Retirement age: Men 65 65 65 Years Women 60 60 60 Years (b) Sensitivity analysis of assumptions As of December 31, 2021, and 2020, the Company has conducted a sensitivity analysis of the main assumptions of the actuarial calculation, determining the following: Sensitivity analysis as of December 31, 2021 Effect + 100 basis Effect - 100 basis ThUS$ ThUS$ Discount rate (1,614 ) 1,817 Employee turnover rate (212 ) 237 Sensitivity analysis as of December 31, 2020 Effect + 100 basis Effect - 100 basis ThUS$ ThUS$ Discount rate (1,985 ) 2,234 Employee turnover rate (261 ) 291 Sensitivity relates to an increase/decrease of 100 basis points. 17.6 E The Company currently has a compensation plan with the purpose of motivating the Company’s executives and encouraging them to remain with the Company, by granting payments based on the change in the price of SQM’s shares. There is a partial payment of the share benefit program in the event of termination of the contract for causes other than the resignation and application of Article 160 of the Labor Code. (a) Plan characteristics This compensation plan is related to the Company’s performance through the SQM Series B share price (Santiago Stock Exchange). (b) Plan participants The compensation plan considers 29 Company executives, who are entitled to this benefit, provided that they stay with the Company until a given date, recognizing on an accrual basis: a) a 2021 bonus, which will be made effective by paying 146,708 shares distributed between the four quarters of 2021, and b) a 2022 bonus for 42,032 shares, which will be made effective the first quarter of 2023. Compensation The compensation payable to each executive is calculated by multiplying: i) the average price of the series B shares on the Santiago Stock Exchange during the fourth quarter of 2020, in its US dollar equivalent (with a value of US$ 41.93 per share). ii) the average price of SQM’s series B shares during the final quarter of 2022, subject to a limit of US$ 54 per share. i ii By a number equal to the quantity of shares that have been individually assigned to each executive included in the plan. This compensation plan was approved by the Company’s Board of Directors and its application started on September 30, 2020. The plan that was in place on December 31, 2020 considered 177,905 and 188,740 shares, for 2021. The effects on the income statement are equivalent to an expense of ThUS$ 5,979 and ThUS$ 875 in the income statement for the periods ending December 3 1 Shares exercised up to December 31, 2021 were 146,708. |
Provisions and other non-financ
Provisions and other non-financial liabilities | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure of other provisions [abstract] | |
Disclosure of provisions [text block] | Note 18 P 18.1 T As of December 31, 2021 As of December 31, 2020 Types of provisions Current Non-current Total Current Non-current Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Provision for legal complaints (1) 48,518 1,223 49,741 8,905 1,260 10,165 Provision for dismantling, restoration and rehabilitation cost (2) - 58,592 58,592 - 61,265 61,265 Other provisions (3) 269,148 1,223 270,371 95,261 92 95,353 Total 317,666 61,038 378,704 104,166 62,617 166,783 (1) These provisions correspond to legal processes that are pending resolution or that have not yet been disbursed, these provisions are mainly related to litigation involving the subsidiaries located in Chile, Brazil and the United States (see note 20.1). (2) The commitments related to Sernageomin have been incorporated through the issuance of the guarantee for the restoration of the place where the production sites are located. (3) See Note 18.2. 18.2 D Current provisions, other short-term provisions As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Rent under Lease contract (1) 260,889 85,167 Provision for additional tax related to foreign loans 1,027 740 End of agreement bonus 2,792 8,159 Directors’ per diem allowance 3,938 698 Miscellaneous provisions 502 497 Total 269,148 95,261 (1) Payment Obligations for the lease contract with CORFO: These correspond to obligations assumed in the Lease Agreement. Our subsidiary SQM Salar holds exclusive rights to exploit the mineral resources in an area covering approximately 140,000 hectares of land in the Salar de Atacama in northern Chile, of which SQM Salar is only entitled to exploit the mineral resources in 81,920 hectares. These rights are owned by Corfo and leased to SQM Salar pursuant to the Lease Agreement. Corfo cannot unilaterally amend the Lease Agreement and the Project Agreement, and the rights to exploit the resources cannot be transferred. The Lease Agreement establishes that SQM Salar is responsible for making quarterly lease payments to Corfo according to specified percentages of the value of production of minerals extracted from the Salar de Atacama brines, maintaining Corfo’s rights over the Mining Exploitation Concessions and making annual payments to the Chilean government for such concession rights. The Lease Agreement was entered into in 1993 and expires on December 31, 2030. On January 17, 2018, SQM and CORFO reached an agreement to end an arbitration process directed by the arbitrator, Mr. Héctor Humeres Noguer, in case 1954-2014 of the Arbitration and Mediation Center of Santiago Chamber of Commerce and other cases related to it. The agreement signed in January 2018, includes important amendments to the lease agreement and project agreement signed between CORFO and SQM in 1993. The main modifications became effective on April 10, 2018 and requires an increase in the lease payments by increasing the lease rates associated with the sale of the different products produced in the Salar de Atacama, including lithium carbonate, lithium hydroxide and potassium chloride. This agreement has been amended since it was signed, and it is reasonable to expect that it will continue to be amended as mutually agreed by the parties. Additionally, SQM Salar commits to contribute to research and development efforts, as well as to the communities in close proximity to the Salar de Atacama and provide a percentage of total annual sales of SQM Salar to regional development. SQM Salar commits to contribute between US$10.8 million and US$18.9 million per year to research and development efforts, between US$10 to US$15 million per year to the communities in close proximity to the Salar de Atacama, and 1.7% of total annual sales of SQM Salar to regional development 18.3 O Description of other liabilities As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Tax withholdings 21,546 1,208 VAT payable 26,111 1,642 Guarantees received 746 2,636 Accrual for dividend 34,184 8,027 Monthly tax provisional payments 23,319 8,407 Deferred income 5,605 6,435 Withholdings from employees and salaries payable 5,587 5,017 Accrued vacations (1) 23,467 24,003 Other current liabilities 1,109 3,580 Total 141,674 60,955 (1) Vacation benefit (short-term benefits to employees, current) is in line with the provisions established in Chile’s Labor Code, which indicates that employees with more than a year of service will be entitled to annual vacation for a period of at least fifteen paid business days. The Company provides the benefit of two additional vacation days. 18.4 C Description of items that gave rise to variations as of December 31, 2021 Legal complaints Provision for Other provisions Total ThUS$ ThUS$ ThUS$ ThUS$ Total provisions, initial balance 10,165 61,265 95,353 166,783 Changes Additional provisions 48,012 7,302 232,254 287,568 Provision used (8,399 ) - (56,959 ) (65,358 ) Increase(decrease) in foreign currency exchange (37 ) - (35 ) (72 ) Others - (9,975 ) (242 ) (10,217 ) Total Increase (decreases) 39,576 (2,673 ) 175,018 211,921 Total 49,741 58,592 270,371 378,704 Description of items that gave rise to variations as of December 31, 2020 Legal complaints Provision for Other provisions Total ThUS$ ThUS$ ThUS$ ThUS$ Total provisions, initial balance 14,924 33,238 97,093 145,255 Changes Additional provisions 62,922 30,974 60,685 154,581 Provision used (67,685 ) - (59,939 ) (127,624 ) Increase(decrease) in foreign currency exchange 4 - (2,486 ) (2,482 ) Others - (2,947 ) - (2,947 ) Total Increase (decreases) (4,759 ) 28,027 (1,740 ) 21,528 Total 10,165 61,265 95,353 166,783 Description of items that gave rise to variations as of December 31, 2019 Legal complaints Provision for Other provisions Total ThUS$ ThUS$ ThUS$ ThUS$ Total provisions, initial balance 14,862 28,822 94,335 138,019 Changes Additional provisions 4,111 - 150,314 154,425 Provision used (4,049 ) - (147,532 ) (151,581 ) Increase(decrease) in foreign currency exchange - - (24 ) (24 ) Others - 4,416 - 4,416 Total Increase (decreases) 62 4,416 2,758 7,236 Total 14,924 33,238 97,093 145,255 |
Disclosures on equity
Disclosures on equity | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure of detailed information about controls capital management [Abstract] | |
Disclosure of issued capital [text block] | Note 19 D The detail and movements in the funds of equity accounts are shown in the consolidated statement of changes in equity. 19.1 C The main object of capital management relative to the administration of the Company’s financial debt and equity is to ensure the regular conduct of operations and business continuity in the long term, with the constant intention of maintaining an adequate level of liquidity and in compliance with the financial safeguards established in the debt contracts in force. Within this framework, decisions are made in order to maximize the value of the company. Capital management must comply with, among others, the limits contemplated in the Financing Policy approved by the Shareholders’ Meeting, which establish a maximum consolidated indebtedness level of 1.5 times the debt to equity ratio. This limit can be exceeded only if the Company’s management has first obtained express approval at an Extraordinary Shareholders’ Meeting. The Company’s management controls capital management based on the following ratios: Capital Management As of December As of December Description (1) Calculation (1) Net Financial Debt (ThUS$) 204,692 1,074,020 Financial Debt – Financial Resources Other current Financial Liabilities + Other Non-Current Financial Liabilities– Cash and Cash Equivalents – Other Current Financial Assets – Hedging Assets, non-current Liquidity 4.62 5.40 Current Assets divided by Current Liabilities Total Current Assets / Total Current Liabilities ROE 18.41 % 7.79 % Profit for the year divided by Total Equity Profit for the year / Equity Adjusted EBITDA (ThUS$) 1,185,453 579,765 Adjusted EBITDA Profit (loss) + Depreciation and Amortization Expenses adjustments + Finance Costs + Income Tax – Other income and Share of profit of associates and joint ventures + Other expenses by function – Finance income – Currency differences EBITDA (ThUS$) 1,140,086 524,650 EBITDA Profit (loss) + Depreciation and Amortization Expense adjustments + Finance Costs + Income Tax ROA 21.29 % 9.83 % Adjusted EBITDA – Depreciation divided by Total Assets net of financial resources less related parties’ investments (Gross Profit – Administrative Expenses)/ (Total Assets – Cash and Cash Equivalents – Other Current Financial Assets – Other Non-Current Financial Assets – Equity accounted Investments) (LTM) Indebtedness 0.06 0.50 Net Financial Debt on Equity Net Financial Debt / Total Equity The Company’s capital requirements change according to variables such as: working capital needs, new investment financing and dividends, among others. The SQM Group manages its capital structure and makes adjustments bases on the predominant economic conditions so as to mitigate the risks associated with adverse market conditions and take advantage of the opportunities there may be to improve the liquidity position of the SQM Group. There have been no changes in the capital management objectives or policy within the years reported in this document, no breaches of external requirements of capital imposed have been recorded. There are no contractual capital investment commitments. 19.2 O Bond issuance contracts in the local market require the Company to maintain a Total Borrowing Ratio no higher than 1 for Series H, Series O and Series Q bonds, calculated over the last consecutive 12 months. Capital management must ensure that the Borrowing Ratio remains below 1.0, with respect to the Series H, Series O and Series Q bonds. This ratio was redefined at the Bondholders' Meeting held in September 2020, as the result of dividing Net Financial Debt by the company's Total Equity. Previously it had been defined as Total Liabilities divided by Equity, and the limit for this ratio was 1.44, with a prepayment option for bondholders if this ratio rose above 1.2. As of December 31, 2021 and 2020 this ratio was 0.06. The financial restrictions with respect to the bonds issued by the Company for the periods ended December 31, 2021 and 2020 are as follows. Financial restrictions (member) As of December 31, 2021 Financial Financial Financial Financial Instrument with restriction Bonds Bonds Bonds Bank loans Reporting party or subsidiary restriction Creditor Bondholders Bondholders Bondholders Scotiabank Registration number H Q O PB 70M Name of financial indicator or ratio (See definition in Note 20.1) NFD/Equity NFD/Equity NFD/Equity NFD/Equity Measurement frequency Quarterly Quarterly Quarterly Quarterly Restriction (Range, value and unit of measure) Must be less than 1.00 Must be less than 1.00 Must be less than 1.00 Must be less than 1.00 Indicator or ratio determined by the company 0.06 0.06 0.06 0.06 Fulfilled YES/NO yes yes yes yes Financial restrictions (member) As of December 31, 2020 Financial Financial Financial Financial Instrument with restriction Bonds Bonds Bonds Bank loans Reporting party or subsidiary restriction Creditor Bondholders Bondholders Bondholders Scotiabank Registration number H Q O PB 70M Name of financial indicator or ratio (See definition in Note 20.1) NFD/Equity NFD/Equity NFD/Equity Debt/Equity Measurement frequency Quarterly Quarterly Quarterly Quarterly Restriction (Range, value and unit of measure) Must be less than 1.00 Must be less than 1.00 Must be less than 1.00 Must be less than 1.44 Indicator or ratio determined by the company 0.5 0.5 0.5 1.23 Fulfilled YES/NO yes yes yes yes Bond issuance contracts in foreign markets require that the Company does not merge, or dispose of, or encumber all or a significant portion of its assets, unless all of the following conditions are met: (i) the legal successor is an entity constituted under the laws of Chile or the United States, which assumes all the obligations of the Company in a supplemental indenture, (ii) immediately after the merger or disposal or encumbrance there is no default by the issuer, and (iii) the issuer has provided a legal opinion indicating that the merger or disposal or encumbrance and the supplemental indenture comply with the requirements of the original indenture. The Company is also committed to provide quarterly financial information. The Company and its subsidiaries are complying with all the aforementioned limitations, restrictions and obligations. 19.3 D Issued share capital is divided into Series A shares and Series B shares. All such shares are nominative, have no par value and are fully issued, subscribed and paid. Series B shares may not exceed 50% of the total issued, subscribed and paid-in shares of the Company and have a limited voting right, in that all of them can only elect one director of the Company, regardless of their equity interest and preferences: (a) require the calling of an Ordinary or Extraordinary Shareholders' Meeting when so requested by Series B shareholders representing at least 5% of the issued shares thereof; and (b) require the calling of an extraordinary meeting of the board of directors, without the president being able to qualify the need for such a request, when so requested by the director who has been elected by the shareholders of said Series B. The limitation and preferences of Series B shares have a duration of 50 consecutive and continuous years as of June 3, 1993. The Series A shares have the preference of being able to exclude the director elected by the Series B shareholders in the voting process in which the president of the board of directors and of the Company must be elected and which follows the one in which the tie that allows such exclusion resulted. The preference of the Series A shares will have a term of 50 consecutive and continuous years as of June 3, 1993. The form of the titles of the shares, their issuance, exchange, disablement, loss, replacement, assignment and other circumstances thereof shall be governed by the provisions of Law No, 18,046 and its regulations. At December 31, 2021, the Group hold 648 Series A shares treasury shares. Detail of capital classes in shares: As of December 31, 2021, the Company has placed share issues in the market as described in note 1.7: As of December 31, 2021 As of December 31, 2020 Type of capital in preferred shares Series A Series B Series A Series B Description of type of capital in shares Number of authorized shares 142,819,552 142,818,904 142,819,552 120,376,972 Number of fully subscribed and paid shares 142,819,552 142,818,904 142,819,552 120,376,972 Number of subscribed, partially paid shares - - - - Increase (decrease) in the number of current shares - - - - Number of outstanding shares 142,818,904 142,818,904 142,819,552 120,376,972 Number of shares owned by the Company or its subsidiaries or associates 648 - - - Number of shares whose issuance is reserved due to the existence of options or agreements to dispose shares - - - - Capital amount in shares ThUS$ 134,750 1,442,893 134,750 342,636 Total number of subscribed shares 142,819,552 142,818,904 142,819,552 120,376,972 19.4 D and non-controlling interests As of December 31, 2021, and 2020, this caption comprises the following: Disclosures on reserves in equity As of December 31, 2021 As of December 31, 2020 As of December 31, 2019 ThUS$ ThUS$ ThUS$ Reserve for currency exchange conversion (1) (7,913 ) (11,569 ) (25,745 ) Reserve for cash flow hedges (2) (34,025 ) 4,491 7,196 Reserve for gains and losses from financial assets measured at fair value through other comprehensive income (3) (11,146 ) 6,872 (270 ) Reserve for actuarial gains or losses in defined benefit plans (4) (4,174 ) (8,680 ) (9,490 ) Other reserves 13,103 16,318 14,086 Total (44,155 ) 7,432 (14,223 ) (1) This balance reflects retained earnings for changes in the exchange rate when converting the financial statements of subsidiaries whose functional currency is different from the US dollar. (2) The Company maintains, as hedge instruments, financial derivatives related to obligations with the public issued in UF and Chilean pesos, Changes from the fair value of derivatives designated and classified as hedges are recognized under this classification. (3) This caption includes the fair value of equity investments that are not held for trading and that the group has irrevocably opted to recognize in this category upon initial recognition. In the event that such equity instruments are fully or partially disposed of, the proportional accumulated effect of accumulated fair value will be transferred to retained earnings. (4) This caption reflects the effects of changes in actuarial assumptions, mainly changes in the discount rate. Movements in other reserves and changes in interest were as follows: Foreign (1) Reserve for cash flow Reserve for actuarial gains Reserve for gains (losses) Other Total reserves Movements Before taxes Before taxes Tax Before taxes Deferred Before Taxes Deferred Before taxes Reserves Deferred Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening balance as of January 1, 2019 (26,307 ) 7,971 - (8,176 ) 1,292 (760 ) (351 ) 11,332 (15,940 ) 941 (14,999 ) Movement of reserves 562 1,908 (2,683 ) (3,306 ) 700 1,152 (311 ) 2,754 3,070 (2,294 ) 776 Realclasification adjustments - - - - - - - - - - - Closing balance as of December 31, 2019 (25,745 ) 9,879 (2,683 ) (11,482 ) 1,992 392 (662 ) 14,086 (12,870 ) (1,353 ) (14,223 ) Movement of reserves (404 ) (3,706 ) 1,001 955 (145 ) 9,784 (2,642 ) 2,537 9,166 (1,786 ) 7,380 Realclassification adjustment 14,580 - - - - - - (305 ) 14,275 - 14,275 Closing balance as of December 31, 2020 (11,569 ) 6,173 (1,682 ) (10,527 ) 1,847 10,176 (3,304 ) 16,318 10,571 (3,139 ) 7,432 Movement of reserves 4,046 (52,762 ) 14,246 4,648 (142 ) (12,072 ) 3,818 134 (56,006 ) 17,922 (38,084 ) Realclassification adjustment (390 ) - - - - - - (3,349 ) (3,739 ) - (3,739 ) Reclassification to retained earnings - - - - - (13,375 ) 3,611 - (13,375 ) 3,611 (9,764 ) Closing balance as of December 31, 2021 (7,913 ) (46,589 ) 12,564 (5,879 ) 1,705 (15,271 ) 4,125 13,103 (62,549 ) 18,394 (44,155 ) (1) See details on reserves for foreign currency translation differences on conversion in Note 23, letter b). Other reserves This caption corresponds to the legal reserves reported in the stand-alone financial statements of the subsidiaries and associates that are mentioned below and that have been recognized in SQM’s equity through the application of the equity method. Subsidiary – Associate As of December 31, 2021 As of December 31, 2020 As of December 31, 2019 ThUS$ ThUS$ ThUS$ SQM Iberian S.A. 9,464 9,464 9,464 SQM Europe NV 1,957 1,957 1,957 Soquimich European holding B.V. 828 828 828 Abu Dhabi Fertilizer Industries WWL 455 455 455 Kore Potash PLC - 3,414 2,754 Vitas Fzco. (38 ) (244 ) - Pavoni & C. Spa 7 - - Doktor Tarsa Tarim Sanayi AS - - 305 Others (14 ) - - Total 12,659 15,874 15,763 Other derivative reserves of the acquisition of subsidiaries, which was already under Company ownership at the acquisition date (IAS 27R) SQM Iberian S.A. (1,677 ) (1,677 ) (1,677 ) Orcoma Estudios SPA 2,121 2,121 - Total Other reserves 13,103 16,318 14,086 Non-controlling interests % of interests in Profit (loss) attributable to non-controlling interests Equity, non-controlling interests Dividends paid to non-controlling interests Subsidiary the ownership held by non- As of As of As of As of As of As of ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Potasio S.A. 0.0000001 % - - - - - - Ajay SQM Chile S.A. 49.00000 % 769 910 8,382 8,189 577 1,238 Soquimich Comercial S.A. 39.36168 % 5,926 2,976 26,665 32,078 11,831 8,880 Comercial Agrorama Ltda. 30.00000 % 56 (45 ) (596 ) (775 ) - - SQM Indonesia S.A. 20.00000 % - - - - - - Agrorama S.A. 0.00000 % - - - - - - SQM Thailand Limited 0,0040 % - - - 1 - - Total 6,751 3,841 34,451 39,493 12,408 10,118 19.5 D As required by Article 79 of the Chilean Companies Act, unless otherwise decided by unanimous vote of the holders of issued and subscribed shares, a publicly traded corporation must annually distribute a cash dividend to its shareholders, prorated based on their shares or the proportion established in the company’s bylaws if there are preferred shares, with at least 30% of our consolidated profit for each year. Dividend policy for commercial year 2021 Company’s dividend policy for the 2021 business year was agreed upon by the Board of Directors on April 23, 2021. This dividend policy was amended on November 17, 2021, and establishes the following: (a) Distribute and pay to the corresponding shareholders, a percentage of the net income that shall be determined per the following financial parameters as a final dividend: (i) 100% of the profit for 2021 if all the following financial parameters are met: (a) “all current assets” divided by “all current liabilities” is equal to or greater than 2.5 times, and (b) the sum of “all current liabilities” and “all non-current liabilities”, less “cash equivalents”, less “other current financial assets”, all of the above divided by “total equity” in equal or less than 0.85 times. (ii) 80% of the profit for 2021 if all the following financial parameters are met: (a) “all current assets” divided by “all current liabilities” is equal to or greater than 2.0 times, and (b) the sum of “all current liabilities” and “all non-current liabilities”, less “cash equivalents”, less “other current financial assets”, all of the above divided by “total equity” in equal or less than 0.95 times. (iii) 60% of the profit for 2021 if all the following financial parameters are met: (a) “all current assets” divided by “all current liabilities” is equal to or greater than 1.5 times, and (b) the sum of “all current liabilities” and “all non-current liabilities”, less “cash equivalents”, less “other current financial assets”, all of the above divided by “total equity” in equal or less than 1.05 times. (iv) If none of the foregoing financial parameters are met, the Company shall distribute and pay, as a final dividend, and in favor of the respective shareholders, 50% of the 2021 net income. (b) Distribute and pay two interim dividends during 2021, which will be charged to the final dividend indicated above against retained earnings reflected in the financial statements as of March 31, 2021 and June 30, 2021, by the percentage that corresponds according to the financial parameters expressed in (a) above. On May 19, 2021 and August 18, 2021, the Board of Directors agreed to distribute and pay an interim dividend equivalent to US$ 0.23797 per share and US$ 0.31439 per share, respectively, out of the Company's earnings for 2021. These amounts were paid in Chilean peso equivalents at the official US dollar exchange rate on May 28, 2021 and September 1, 2021, respectively (the "Interim Dividends") (c) The Board of Directors will not distribute any other interim dividends out of 2021 earnings. (d) At the ordinary meeting to be held in 2022, the Company's Board of Directors will propose a final dividend in line with the percentage corresponding to the financial parameters outlined in (a) above, discounting the provisional dividends and the Interim Dividends. In the event that the amount equivalent to the percentage of the 2021 distributable earnings as described in (a) above is equal to or less than the sum of the Potential Dividend and the Interim Dividends, then no additional amount will be distributed and the Interim Dividends will be deemed to be paid as a final dividend. In any case, the final dividend may not be less than the minimum legal dividend required by law or the bylaws. (e) Any remaining amount from the net profits from 2021 can be retained and used to finance the Company’s own operations or one or more of its investment projects, notwithstanding a possible distribution of dividends charged to accumulated profit that might be approved by the shareholders’ meeting or the possible future capitalization of all or part of it. (f) The payment of additional dividends is not being considered. It must be expressly stated that this dividends policy details the intention of the Company’s Board of Directors and its fulfillment depends on the actual profits obtained, as well as on the results indicated by the projections the Company makes from time to time or on the existence of particular conditions, as appropriate. In any case, if the dividend policy set forth by the Board of Directors should undergo any substantial change, the Company must communicate it as a material event. 19.6 I On May 19, 2021, the Board of Directors agreed to pay a provisional dividend equivalent to US$ 0.23797 per share with a charge to Company earnings for 2021. Payment began on this provisional dividend on June 10, 2021. On August 18, 2021, the Board of Directors agreed to pay a provisional dividend equivalent to US$ 0.31439 per share with a charge to Company earnings for 2021. Payment began on this provisional dividend on September 9, 2021. On December 22, 2021, the Board of Directors agreed to pay an interim dividend equivalent to US$1.40037 per share out of the Company's retained earnings. This interim dividend was paid on December 30, 2021. 19.7 P Dividends discounted from equity from January to December 2021 and 2020 were the following: Dividends As of December 31, 2021 As of December 31, 2020 As of December 31, 2019 ThUS$ ThUS$ ThUS$ Ajay SQM Chile S.A. Dividends - 556 882 Ajay SQM Chile S.A Payable Dividend 577 682 - Soquimich Comercial S.A. Special Dividend 5,904 5,904 3,936 Soquimich Comercial S.A. Payable Dividend 5,927 2,976 1,999 Non-controlling interests 12,408 10,118 6,817 Interim dividend 157,774 44,986 211,224 Special dividend 399,998 100,000 - Dividends payable 27,681 4,369 66,891 Owners of the Parent 585,453 149,355 278,115 Dividends discounted from equity for the period 597,861 159,473 284,932 |
Contingencies and restrictions
Contingencies and restrictions | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure of contingent liability [Abstract] | |
Disclosure of contingent liabilities | Note 20 C In accordance with note 18.1, the Company recognizes a provision for those lawsuits in which there is a probability that the judgments will be unfavorable to the Company. The Company is party to the following lawsuits and other relevant legal actions: 20.1 L (a) In August 1996, Nitratos Naturais do Chile Ltda. was fined by Fazenda do Estado de Sao Paulo for concluding activities without attaching the necessary documentation for submission to the competent authorities. The treasury of the State of Sao Paulo initiated legal actions to collect close to ThUS$ 492. Nitratos Naturais do Chile has presented a case to the federal court of Brazil to request a reduction in the fine, which is currently pending. (b) In August 2004, Nitratos Naturais do Chile Ltda. was fined by Fazenda do Estado de Sao Paulo for failing to report trade activities. The treasury of the State of Sao Paulo initiated legal actions to collect close to ThUS$ 265. In 2018, the Court of Appeals agreed to a reduction in the fine and the Fazenda do Estado de Sao Paulo appealed to the Court of Brazil, and this appeal is still pending. (c) In December 2010, the city of Pomona in the state of California, United States, filed a claim against SQM NA, which was heard before the US District Court for the Central District of California. The plaintiff requested the payment of expenses and other values related to treatment of groundwater to make it apt for consumption, which involved the extraction of perchlorate in this water, which allegedly came from Chilean fertilizers, for an approximate amount of US$ 30 million. On January 27, 2022, a judgment was issued against SQM NA for MUS$ 48.1, which has been appealed. The Company has recorded a charge of MUS$ 48.1 before taxes to the income statement for the year ended December 3 1 (d) In December 2010, the city of Lindsay in California, United States, filed a claim against SQM NA, which was heard before the US District Court for the Central District of California. The plaintiff requested the payment of expenses and other values related to treatment of groundwater to make it apt for consumption, which involved the extraction of perchlorate in this water, which allegedly came from Chilean fertilizers, the trial is currently suspended. (e) In May 2014, a claim of compensation for damages was filed against SQM Nitratos for its alleged extracontractual liability derived from an explosion occurring in 2010 in the vicinity of the town of Baquedano, which caused the death of six workers. The portion of the claim that has not been settled in court is approximately MUS$ 1.2. On May 7, 2019, the 18th Civil Court of Santiago dismissed the claim. The case currently is in the Santiago Court of Appeals, which will make a determination on the motion for appeal and cassation brought about on behalf of the plaintiff. (f) In January 2018, the company Transportes Buen Destino S.A. filed an arbitration claim under CAM rules against SQM Salar for controversies resulting from the execution of transport contracts for lithium brine and transport of salts. The amount of the claim is close to MUS$ 3. The arbitration is currently in the evidence stage. (g) In September 2018, representatives Claudia Nathalie Mix Jiménez, Gael Fernanda Yeomans Araya, Camila Ruzlay Rojas Valderrama filed a public right annulment suit against Corfo regarding the Salar de Atacama Project Contract signed between Corfo and SQM Salar. The Company has intervened as an independent third party. This discussion stage has concluded. For more information, see Note 20.4. (h) The Company and FPC Ingeniería y Construcción SpA were sued in May 2019 for compensation for damages resulting from alleged extracontractual liability derived from the traffic accident occurring on March 5, 2018, involving the overturn of a truck owned by FPC and the subsequent death of its two occupants, both employees of FPC. The four children of one of the deceased workers are the plaintiffs in this case and are seeking compensation for moral damages. The case is in the 19th Civil Court of Santiago and is in the evidence stage. The amount of the claim is close to MUS$ 1.2. (i) The company Arrigoni Ingeniería y Construcción S.A. filed a claim in November 2019 against SQM Salar in arbitration court under CAM rules, requesting the conclusion of the Works Contract known as “Expansion of Lithium Carbonate Plant Phase II.” The trial is currently in the evidence stage. The amount of the claim is close to MUS$ 14.6. (j) The Company has initiated an arbitration process against the company Sierra Gorda S.C.M. due to controversies originating from the Mining, Royalties and Other Sales Contract dated December 16, 2011. Sierra Gorda S.C.M. has filed counterclaims against the Company. The process is in its evidence stage. The counterclaims filed against the Company amount to MUS$ 46. (k) Through resolution dated April 14, 2020, the General Water Bureau (DGA) fined SQM Salar S.A. an amount of 4,180 UTM for the alleged violation of article 294 of the Water Code. This resolution was appealed for reconsideration as established in article 136 of the Water Code, and its resolution is currently pending. (l) On January 7, 2021, the Company Ocaña y Vega Limited has requested arbitration against the Company to claim compensation for damages associated with the early termination of two construction contracts. The case has reached the evidence gathering stage. The cost of arbitration is valued at approximately ThUS$ 377. (m) On April 6, 2021, Empresa Eléctrica Cochrane SpA requested the constitution of arbitration to resolve a dispute in relation to electricity supply contracts signed on March 30, 2012, and February 1, 2013. The trial is currently in the discussion stage. On January 17, 2022, the Company filed a claim for early termination of the electricity supply contracts against Empresa Eléctrica Cochrane SpA. at the same arbitration tribunal. (n) In October 2021, the Company requested the constitution of an arbitration against Chilena Consolidada Seguros Generales S.A. to resolve differences in relation to the interpretation and execution of the directors' and officers' liability insurance policy. The lawsuit has been notified to the arbitrator. (o) In February 2022, the company Montajes Eléctricos y Construcciones RER Limitada filed a claim for damages before the 21st Civil Court of Santiago against SQM Industrial S.A. for its alleged liability derived from the breach of an electrical installation contract. The case is still in the discussion stage. The amount of the lawsuit is approximately ThUS$ 542. The Company and its subsidiaries have been involved and will probably continue to be involved either as plaintiffs or defendants in certain judicial proceedings that have been and will be heard by the arbitration or ordinary courts of justice that will make the final decision. Those proceedings that are regulated by the appropriate legal regulations are intended to exercise or oppose certain actions or exceptions related to certain mining claims either granted or to be granted and that do not or will not affect in an essential manner the development of the Company and its subsidiaries. Soquimich Comercial S.A. has been involved and will probably continue being involved either as plaintiff or defendant in certain judicial proceedings through which it intends to collect and receive the amounts owed, the total nominal value of which is approximately MUS$ 1.05. The Company and its subsidiaries have made efforts and continues making efforts to obtain payment of certain amounts that are still owed to the Company due to its activities. Such amounts will continue to be required using judicial or non-judicial means by the plaintiffs, and the actions and exercise related to these are currently in full force and effect. 20.2 E The SMA issued a resolution dated November 28, 2016, rectified by a resolution dated December 23, 2016, which filed charges against SQM Salar for brine extraction in excess of authorized amounts, progressive impairment of the vitality of carob trees, providing incomplete information modification of follow-up plan variables, and other charges. SQM Salar S.A. presented a compliance program that was accepted by the SMA. On December 2019, the Environmental Court of Antofagasta rendered the accepted compliance program null. In October 2020, the SMA formulated new observations for the compliance program, which will enable the incorporation of improvements in line with the ruling of the Environmental Court of Antofagasta, to then make a determination regarding approval or rejection. If a new compliance program is not approved by the SMA, or if approved and legally challenged and rendered null and void by the Chilean courts, the sanction process against SQM Salar could be resumed. This latter event may consider the application of fines up to MUS$9, temporary or permanent closure of facilities and in extreme circumstances, revocation of the respective environmental permit. 20.3 T SQM Salar has filed three tax claims against the SII for taxes levied between tax years 2012 and 2018 (business years 2011 to 2017). The SII has sought to broaden the application of the specific tax on mining activities to the extraction of lithium, a substance that is not concessionable by law. The amount associated with these processes totals US$ 90.4 million, which has been paid by SQM Salar. This amount is recorded under “Non-current tax assets” in the Consolidated Statement of Financial Position of the Company as of December 3 1 The non-current tax assets presented in the Company’s Financial Statements as of December 31, 2021 of US$ 90.4 million, correspond to the three claims in the recently mentioned dispute. This amount can be broken down as follows: overcharged amount of US$ 18.9 million; potential specific tax for lithium amounting to US$ 48.6 million (minus effect on first category income tax) and interests associated with this tax for US$ 22.8 million. The details of the claims can be found below: (a) On August 26, 2016, a tax claim was filed with the Third Tax and Customs Court of the Metropolitan Region against tax assessments No. 169, 170, 171 and 172 for tax years 2012 to 2014. The amount in dispute is US$ 17.8 million, of which (i) US$ 11.5 million correspond to the contested tax (minus effect on first category income tax), and (ii) US$ 6.3 (b) On March 24, 2017, a tax claim was filed with the Third Tax and Customs Court of the Metropolitan Region against tax assessment No. 207 and resolution No. 156, both issued by the SII, for tax years 2015 to 2016. The amount in dispute is US$ 8.6 million, of which (i) US$ 1.3 million correspond to amounts assessed in excess, (ii) US$ 6.9 million correspond to the contested tax (minus effect on first category income tax), and (ii) US$ 0.5 million correspond to interest and fines. On November 28, 2018, the Third Tax and Customs Court rejected the corresponding claim, and the case is currently in the Santiago Court of Appeals. (c) On July 15, 2021, SQM Salar filed a public right annulment suit and tax claim with the First Tax and Customs Court of the Metropolitan Region against tax assessments No. 65 and 66 for the 2017 and 2018 tax years. The amount in dispute is US$ 63.9 million, of which (i) US$ 17.7 million correspond to overcharged amounts, (ii) US$ 30.2 million correspond to the contested tax (minus effect on first category income tax), and (iii) US$ 16.1 million correspond to interest and fines. This case is under deliberation. The SII has not issued an assessment claiming differences in the specific tax on mining activities filed for tax years 2019 onward. If the SII uses criteria similar to that used in previous years, it may issue an assessment in the future for this period. The Company estimates a potential assessment of US$ 79.8 million (minus effect on first category income tax) by the SII, without considering interests and fines. To date, the Company has recorded no effect corresponding to this tax on its profit and loss. 20.4 C On September 6, 2018, representatives Claudia Nathalie Mix Jiménez, Gael Fernanda Yeomans Araya and Camila Ruslay Rojas Valderrama and the Poder Ciudadano political party filed an annulment suit against Corfo, which requested that the Salar de Atacama Project Agreement between Corfo and the Company, SQM Potasio and SQM Salar be annulled. The Companies have taken part of the process as interested third parties. In the event that the annulment claim is approved for the Salar de Atacama Project Agreement, SQM Salar may be prevented from the exploitation of the mining assets in the Salar de Atacama that it has leased from Corfo. 20.5 C Due to differences between shareholders of the company Abu Dhabi Fertilizer Industries Company, diverse lawsuits have arisen that may result in claims against SQM Corporation N.V. and by this company against the other shareholders. These disputes may materially affect the value of the investment of the Company in Abu Dhabi Fertilizer Industries Company. At this time, it is not possible to quantify the amounts of these claims. 20.6 R The subsidiary Isapre Norte Grande Ltda., in compliance with the provisions established by the Chilean Superintendence of Healthcare, which regulates the running of pension-related health institutions, maintains a guarantee in financial instruments delivered in deposits, custody and administration to Banco de Chile. This guarantee, according to the regulations issued by the Chilean Superintendence of Healthcare is equivalent to the total amount owed to its members and medical providers, Banco de Chile reports the present value of the guarantee to the Chilean Superintendence of Healthcare and Isapre Norte Grande Ltda on a daily basis. As of December 31, 2021, the guarantee amounts to ThUS$ 622. 20.7 S The main security received (exceeding ThUS$ 100) from third parties to guarantee Soquimich Comercial S.A. their compliance with obligations in contracts of commercial mandates for the distribution and sale of fertilizers amounted to ThUS$ 8,866 and ThUS$ 10,114 on December 31, 2021 and 2020 respectively; which is detailed as follows: Grantor Relationship As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Ferosor Agrícola S.A. Unrelated Third party 4,735 5,626 Tattersall Agroinsumos S.A. Unrelated Third party 2,000 2,000 Covepa SPA Unrelated Third party 592 703 Johannes Epple Davanzo Unrelated Third party 264 314 Hortofrutícola La Serena Unrelated Third party 272 303 Com. Serv Johannes Epple Davanz Unrelated Third party 343 408 Juan Luis Gaete Chesta Unrelated Third party 160 190 Arena Fertilizantes y Semillas Unrelated Third party 178 211 Vicente Oyarce Castro Unrelated Third party 205 229 Bernardo Guzmán Schmidt Unrelated Third party 117 130 Total 8,866 10,114 20.8 I As of December 31, 2021, there are no indirect guarantees. |
Gains (losses) from operating a
Gains (losses) from operating activities in the statement of income, included according to their nature | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure Of Profit Loss From Operating Activities Explanatory [Abstract] | |
Disclosure Of Profit Loss From Operating Activities Explanatory [Text Block] | Note 21 G 21.1 R The Group derives revenues from the sale of goods (which are recognized at one point in time) and from the provision of services (which are recognized over time) and are distributed among the following geographical areas and main product and service lines: (a) Geographic areas: For the year ended December 31, 2021 Geographic areas Specialty Iodine and Lithium and Potassium Industrial Other Total Chile 136,523 1,538 901 50,573 4,125 25,988 219,648 Latin America and the Caribbean 88,990 10,198 4,905 214,304 7,367 523 326,287 Europe 179,744 173,329 75,674 33,948 18,662 1,408 482,765 North America 314,895 102,746 50,349 57,682 29,860 2,470 558,002 Asia and Others 188,663 150,120 804,292 60,085 71,997 456 1,275,613 Total 908,815 437,931 936,121 416,592 132,011 30,845 2,862,315 For the year ended as of December 31, 2020 Geographic areas Specialty Iodine and Lithium and Potassium Industrial Other Total Chile 100,353 1,234 399 23,963 4,059 23,737 153,745 Latin America and the Caribbean 69,535 10,843 1,597 72,697 4,951 367 159,990 Europa 145,896 142,161 49,719 30,029 11,585 735 380,125 North America 246,737 90,292 25,558 39,432 23,963 1,588 427,570 Asia and Others 139,167 90,127 306,100 43,173 116,050 1,144 695,761 Total 701,688 334,657 383,373 209,294 160,608 27,571 1,817,191 For the year ended as of December 31, 2019 Geographic areas Specialty Iodine and Lithium and Potassium Industrial Other Total Chile 109,975 1,064 599 27,371 39,512 33,336 211,857 Latin America and the Caribbean 78,872 7,972 3,593 64,868 6,354 269 161,928 Europa 149,992 123,525 76,250 27,973 15,289 735 393,764 North America 243,399 90,070 45,810 43,312 27,798 883 451,272 Asia and Others 141,682 148,389 379,462 48,627 5,922 752 724,834 Total 723,920 371,020 505,714 212,151 94,875 35,975 1,943,655 (b) Main product and service lines: For the period from January to December of the year Products and Services 2021 2020 2019 ThUS$ ThUS$ ThUS$ Specialty plant nutrition 908,815 701,688 723,920 - Sodium Nitrates 24,829 18,291 20,679 - Potassium nitrate and sodium potassium nitrate 539,336 424,041 457,477 - Specialty Blends 234,369 163,033 153,739 - Other specialty fertilizers 110,281 96,323 92,025 Iodine and derivatives 437,931 334,657 371,020 Lithium and derivatives 936,121 383,373 505,714 Potassium 416,592 209,294 212,151 Industrial chemicals 132,011 160,608 94,875 Other 30,845 27,571 35,975 - Services 3,428 3,241 3,410 - Income from property leases 1,531 1,457 1,438 - Income from subleases on right-of-use assets 146 176 261 - Commodities 12,468 11,938 16,176 - Other ordinary income of Commercial Offices 13,272 10,759 14,690 Total 2,862,315 1,817,191 1,943,655 21.2 C Cost of sales broken down by nature of expense: For the period from January to December of the year Nature of expense 2021 2020 2019 ThUS$ ThUS$ ThUS$ Raw materials and consumables used (345,356 ) (287,877 ) (271,912 ) Classes of employee benefit expenses (211,771 ) (178,956 ) (178,493 ) Depreciation expense (195,678 ) (182,314 ) (189,587 ) Depreciation of Right-of-use Assets (contracts under IFRS 16) (5,963 ) (5,814 ) (5,450 ) Amortization expense (9,737 ) (12,938 ) (6,015 ) Investment plan expenses (15,059 ) (14,286 ) (18,367 ) Provision for materials, spare parts and supplies (505 ) 640 (7,500 ) Contractors (157,571 ) (142,017 ) (120,750 ) Operating leases (67,106 ) (57,461 ) (48,499 ) Mining concessions (7,325 ) (6,645 ) (7,856 ) Operational transportation (76,003 ) (68,730 ) (56,376 ) Freight / product transportation costs (77,353 ) (52,156 ) (46,264 ) Purchase of products from third parties (329,464 ) (260,089 ) (268,581 ) Insurance (21,869 ) (17,657 ) (16,968 ) CORFO rights and other agreements (247,604 ) (74,418 ) (143,861 ) Export costs (99,212 ) (88,176 ) (71,056 ) Expenses related to variable lease payments (contracts under IFRS 16) (1,313 ) (1,117 ) (1,037 ) Variation in gross inventory 85,709 102,446 52,557 Variation in inventory provision 5,038 7,244 17,107 Other 5,934 6,000 5,305 Total (1,772,208 ) (1,334,321 ) (1,383,603 ) 21.3 O For the period from January to December of the year Other income 2021 2020 2019 ThUS$ ThUS$ ThUS$ Discounts obtained from suppliers 896 665 676 Fines charged to suppliers 83 267 483 Taxes recovered 287 1,487 457 Amounts recovered from insurance 1,811 14,861 492 Overestimate of provisions for third-party obligations 293 118 983 Sale of assets classified as properties, plant and equipment 1,923 1,626 2,422 Sale of mining rights 8,796 5,852 5,298 Easements, pipelines and roads 4,949 1,619 7,204 Refunds for mining patents and notarial expenses 198 85 203 Others 316 313 - Total 19,552 26,893 18,218 21.4 A For the period from January to December of the year Administrative expenses 2021 2020 2019 ThUS$ ThUS$ ThUS$ Employee benefit expenses (60,552 ) (55,152 ) (60,255 ) Marketing costs (2,415 ) (2,377 ) (3,911 ) Amortization expenses (118 ) (91 ) (5 ) Entertainment expenses (4,906 ) (4,858 ) (5,783 ) Advisory services (17,332 ) (13,880 ) (13,862 ) Lease of buildings and facilities (3,478 ) (3,111 ) (3,653 ) Insurance (3,901 ) (3,478 ) (2,553 ) Office expenses (6,363 ) (6,204 ) (7,327 ) Contractors (5,106 ) (5,079 ) (4,874 ) Depreciation of Right-of-use Assets (contracts under IFRS 16) (2,743 ) (2,617 ) (2,501 ) Other expenses (11,979 ) (10,170 ) (12,456 ) Total (118,893 ) (107,017 ) (117,180 ) 21.5 O For the period from January to December of the year Other expenses 2021 2020 2019 ThUS$ ThUS$ ThUS$ Depreciation and amortization expense Depreciation of assets not in use - (138 ) (136 ) Subtotal - (138 ) (136 ) Impairment (losses) /reversals of impairment losses recognized in profit for the year Properties, plant and equipment (5,582 ) (9,563 ) (49 ) Intangible assets other than goodwill (478 ) (1,941 ) (913 ) Goodwill - (140 ) (140 ) Non-current assets and disposal groups held for sale - - - Subtotal (6,060 ) (11,644 ) (1,102 ) Other expenses, by nature Legal expenses (42,253 ) (69,965 ) (9,277 ) VAT and other unrecoverable taxes (1,015 ) (626 ) (613 ) Fines paid (882 ) (314 ) (145 ) Investment plan expenses 1 (768 ) (1,693 ) Exploration expenses - (5,262 ) (5,537 ) Contributions and donations (9,321 ) (8,793 ) (5,026 ) Other operating expenses (1,075 ) (2,102 ) (2,466 ) Subtotal (54,545 ) (87,830 ) (24,757 ) Total (60,605 ) (99,612 ) (25,995 ) 21.6 O For the period from January to December of the year Other (losses) income 2021 2020 2019 ThUS$ ThUS$ ThUS$ Adjustment to prior periods due to applying the equity method (198 ) (48 ) (985 ) Sale of investments in associates - (11,830 ) - Impairment of interests in associates (2,009 ) 7,235 631 Sale of investments in joint ventures - (481 ) - Others (431 ) (189 ) (29 ) Total (2,638 ) (5,313 ) (383 ) 21.7 ( For the period from January to December of the year Description 2021 2020 2019 ThUS$ ThUS$ ThUS$ (Impairment) /reversal of value of financial assets impairment losses (See Note 12.2) (235 ) 4,684 (1,057 ) Totals (235 ) 4,684 (1,057 ) 21.8 S The following summary considers notes 21.2, 21.4 and 21.5 For the period from January to December of the year Expenses by nature 2021 2020 2019 ThUS$ ThUS$ ThUS$ Raw materials and consumables (345,356 ) (287,877 ) (271,912 ) Employee Benefit Expenses (272,323 ) (234,108 ) (238,748 ) Depreciation expense (195,678 ) (182,452 ) (189,723 ) Depreciation of right-of-use Assets (8,706 ) (8,431 ) (7,951 ) Impairment of properties, plant and equipment, intangible and Goodwill (6,060 ) (11,644 ) (1,102 ) Amortization expense (9,855 ) (13,029 ) (6,020 ) Legal expenses (42,253 ) (69,965 ) (9,277 ) Investment plan expenses (15,058 ) (15,054 ) (20,060 ) Exploration expenses - (5,262 ) (5,237 ) Provision for materials, spare parts and supplies (505 ) 640 (7,500 ) Contractors (162,677 ) (147,096 ) (125,624 ) Operational leases (70,584 ) (60,572 ) (52,152 ) Mining concessions (7,325 ) (6,645 ) (7,856 ) Operational transportation (76,003 ) (68,730 ) (56,376 ) Freight and product transportation costs (77,353 ) (52,156 ) (46,264 ) Purchase of products from third parties (329,464 ) (260,089 ) (268,581 ) CORFO rights y other agreements (247,604 ) (74,418 ) (143,861 ) Export costs (99,212 ) (88,176 ) (71,056 ) Expenses related to variable lease payments (contracts under IFRS 16) (1,313 ) (1,117 ) (1,037 ) Insurance (25,770 ) (21,135 ) (19,521 ) Consultant and advisor services (17,332 ) (13,880 ) (13,862 ) Variation in gross inventory 85,709 102,446 52,557 Variation in inventory provision 5,038 7,244 17,107 Other expenses (32,022 ) (29,444 ) (32,422 ) Total expenses by nature (1,951,706 ) (1,540,950 ) (1,526,478 ) 21.9 F For the period from January to December of the year Finance expenses 2021 2020 2019 ThUS$ ThUS$ ThUS$ Interest expense from bank borrowings and overdrafts (2,664 ) (2,797 ) (2,133 ) Interest expense from bonds (90,859 ) (87,030 ) (72,984 ) Interest expense from loans (1,135 ) (1,598 ) (2,682 ) Reversal of capitalized interest expenses 14,206 8,462 7,841 Financial expenses for restoration and rehabilitation provisions (1,259 ) 2,947 (4,417 ) Interest on lease agreement (1,587 ) (1,133 ) (1,535 ) Interest and bank charges (1,328 ) (1,050 ) (1,029 ) Total (84,626 ) (82,199 ) (76,939 ) 21.10 F For the period from January to December of the year Finance income 2021 2020 2019 ThUS$ ThUS$ ThUS$ Interest from term deposits 3,635 10,260 15,345 Interest from marketable securities 68 2,147 6,765 Interest from maintenance of minimum bank balance in current account 2 18 - Other finance income 107 259 4,130 Other finance interests 856 1,031 49 Total 4,668 13,715 26,289 |
Reportable segments
Reportable segments | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure of entity's operating segments [Abstract] | |
Disclosure Of Entitys Reportable Segments Explanatory [Text Block] | Note 22 R 22.1 R (a) General information: The amount of each item presented in each operating segment is equal to that reported to the highest authority that makes decisions regarding the operation, in order to decide on the allocation of resources to the defined segments and to assess its performance. These operating segments mentioned are consistent with the way the Company is managed and how results will be reported by the Company. These segments reflect separate operating results that are regularly reviewed by the executive responsible for operational decisions in order to make decisions about the resources to be allocated to the segment and assess its performance (See Note 22.2). The performance of each segment is measured based on net income and revenues. Inter-segment sales are made using terms and conditions at current market rates. (b) Factors used to identify segments on which a report should be presented: The segments covered in the report are strategic business units that offer different products and services. These are managed separately because each business requires different technology and marketing strategies. (c) Description of the types of products and services from which each reportable segment obtains its income from ordinary activities The operating segments, which obtain income from ordinary activities, generate expenses and have its operating results reviewed on a regular basis by the highest authority who makes decisions regarding operations, relate to the following groups of products: (i) Specialty plant nutrients (ii) Iodine and its derivatives (iii) Lithium and its derivatives (iv) Industrial chemicals (v) Potassium (vi) Other products and services (d) Description of income sources for all the other segments Information regarding assets, liabilities, profits and expenses that cannot be assigned to the segments indicated above, due to the nature of production processes, is included under the "Unallocated amounts” category of the disclosed information. (e) Description of the nature of the differences between measurements of results of reportable segments and the result of the entity before the expense or income tax expense of incomes and discontinued operations The information reported in the segments is extracted from the Company’s consolidated financial statements and therefore there is no need to prepare reconciliations between the data mentioned above and those reported in the respective segments, according to what is stated in paragraph 28 of IFRS 8, "Operating Segments". For the allocation of inventory valuation costs, we identify the direct expenses (can be directly allocated to products) and the common expenses (belong to coproduction processes, for example common leaching expenses for production of Iodine and Nitrates), Direct costs are directly allocated to the product and the common costs are distributed according to percentages that consider different variables in their determination, such as margins, rotation of inventories, revenue, production etc. The allocation of other common costs that are not included in the inventory valuation process, but go straight to the cost of sales, use similar criteria: the costs associated with a product or sales in particular are assigned to that particular product or sales, and the common costs associated with different products or business lines are allocated according to the sales. (f) Description of the nature of the differences between measurements of assets of reportable segments and the Company´s assets Assets are not shown classified by segments, as this information is not readily available, some of these assets are not separable by the type of activity by which they are affected since this information is not used by management in decision-making with respect to resources to be allocated to each defined segment. All assets are disclosed in the "unallocated amounts" category. (g) Description of the nature of the differences between measurements of liabilities of reportable segments and the Company’s liabilities Liabilities are not shown classified by segments, as this information is not readily available, some of these liabilities are not separable by the type of activity by which they are affected, since this information is not used by management in decision-making regarding resources to be allocated to each defined segment. All liabilities are disclosed in the "unallocated amounts" category. 22.2 R Operating segment items as of December 31, 2021 Specialty Iodine and its Lithium and Industrial Potassium Other Reportable Operating Unallocated Total as of ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 908,815 437,931 936,121 132,011 416,592 30,845 2,862,315 2,862,315 - 2,862,315 Revenues from transactions with other operating segments of the same entity - - - - - - - - - - Revenues from external customers and transactions with other operating segments of the same entity 908,815 437,931 936,121 132,011 416,592 30,845 2,862,315 2,862,315 - 2,862,315 Costs of sales (646,930 ) (240,341 ) (494,794 ) (109,067 ) (253,125 ) (27,951 ) (1,772,208 ) (1,772,208 ) - (1,772,208 ) Administrative expenses - - - - - - - - (118,893 ) (118,893 ) Finance expense - - - - - - - - (84,626 ) (84,626 ) Depreciation and amortization expense (58,808 ) (41,215 ) (65,014 ) (13,743 ) (35,290 ) (169 ) (214,239 ) (214,239 ) - (214,239 ) The entity’s interest in the profit or loss of associates and joint ventures accounted for by the equity method - - - - - - - - 11,132 11,132 Income before taxes 261,885 197,590 441,327 22,944 163,467 2,894 1,090,107 1,090,107 (248,886 ) 841,221 Income tax expense - - - - - - - - (249,016 ) (249,016 ) Net income (loss) 261,885 197,590 441,327 22,944 163,467 2,894 1,090,107 1,090,107 (497,902 ) 592,205 Assets - - - - - - - - 7,044,297 7,044,297 Equity-accounted investees - - - - - - - - 39,824 39,824 Incorporation of non-current assets other than financial instruments, deferred tax assets, net defined benefit assets and rights arising from insurance contracts - - - - - - - - 152,663 152,663 Other Liabilities - - - - - - - - 3,828,326 3,828,326 Impairment loss of financial assets recognized in profit or loss - (235 ) (235 ) Impairment loss of non-financial assets recognized in profit or loss - - - - - - - - (6,060 ) (6,060 ) Cash flows from operating activities - - - - - - - - 822,520 822,520 Cash flows used in investing activities - - - - - - - - (1,006,943 ) (1,006,943 ) Cash flows from financing activities - - - - - - - - 1,206,485 1,206,485 Operating segment items as of December 31, 2020 Specialty Iodine and its Lithium and Industrial Potassium Other Reportable Operating Unallocated Total as of ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 701,688 334,657 383,373 160,608 209,294 27,571 1,817,191 1,817,191 - 1,817,191 Revenues from transactions with other operating segments of the same entity - - - - - - - - - - Revenues from external customers and transactions with other operating segments of the same entity 701,688 334,657 383,373 160,608 209,294 27,571 1,817,191 1,817,191 - 1,817,191 Costs of sales (537,801 ) (168,499 ) (297,048 ) (119,092 ) (187,019 ) (24,862 ) (1,334,321 ) (1,334,321 ) - (1,334,321 ) Administrative expenses - - - - - - - - (107,017 ) (107,017 ) Finance expense - - - - - - - - (82,199 ) (82,199 ) Depreciation and amortization expense (55,335 ) (40,687 ) (56,092 ) (14,136 ) (34,570 ) (3,092 ) (203,912 ) (203,912 ) - (203,912 ) The entity’s interest in the profit or loss of associates and joint ventures accounted for by the equity method - - - - - - - - 8,940 8,940 Income before taxes 163,887 166,158 86,325 41,516 22,275 2,709 482,870 482,870 (244,332 ) 238,538 Income tax expense - - - - - - - - (70,179 ) (70,179 ) Net income (loss) 163,887 166,158 86,325 41,516 22,275 2,709 482,870 482,870 (314,511 ) 168,359 Assets - - - - - - - - 4,818,463 4,818,463 Equity-accounted investees - - - - - - - - 85,993 85,993 Incorporation of non-current assets other than financial instruments, deferred tax assets, net defined benefit assets and rights arising from insurance contracts - - - - - - - - 358,009 358,009 Other Liabilities - - - - - - - - 2,655,885 2,655,885 Impairment loss of financial assets recognized in profit or loss - - - - - - - - 4,684 4,684 Impairment loss of non-financial assets recognized in profit or loss - - - - - - - - (11,644 ) (11,644 ) Cash flows from operating activities - - - - - - - - 182,234 182,234 Cash flows used in investing activities - - - - - - - - (167,091 ) (167,091 ) Cash flows from financing activities - - - - - - - - (94,132 ) (94,132 ) Operating segment items as of December 31, 2019 Specialty Iodine and its Lithium and Industrial Potassium Other Reportable Operating Unallocated Total as of ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 723,920 371,020 505,714 94,875 212,151 35,975 1,943,655 1,943,655 - 1,943,655 Revenues from transactions with other operating segments of the same entity - - - - - - - - - - Revenues from external customers and transactions with other operating segments of the same entity 723,920 371,020 505,714 94,875 212,151 35,975 1,943,655 1,943,655 - 1,943,655 Costs of sales (573,808 ) (230,468 ) (306,250 ) (63,590 ) (176,199 ) (33,288 ) (1,383,603 ) (1,383,603 ) - (1,383,603 ) Administrative expenses - - - - - - - - (117,180 ) (117,180 ) Finance expense - - - - - - - - (76,939 ) (76,939 ) Depreciation and amortization expense (67,700 ) (43,336 ) (45,238 ) (6,854 ) (37,691 ) (532 ) (201,351 ) (201,351 ) - (201,351 ) The entity’s interest in the profit or loss of associates and joint ventures accounted for by the equity method - - - - - - - - 9,786 9,786 Income before taxes 150,112 140,552 199,464 31,285 35,952 2,687 560,052 560,052 (169,430 ) 390,622 Income tax expense - - - - - - - - (110,019 ) (110,019 ) Net income (loss) 150,112 140,552 199,464 31,285 35,952 2,687 560,052 560,052 (279,449 ) 280,603 Assets - - - - - - - - 4,684,151 4,684,151 Equity-accounted investees - - - - - - - - 109,435 109,435 Incorporation of non-current assets other than financial instruments, deferred tax assets, net defined benefit assets and rights arising from insurance contracts - - - - - - - - 110,021 110,021 Other Liabilities - - - - - - - - 2,549,679 2,549,679 Impairment loss of financial assets recognized in profit or loss - - - - - - - - (1,057 ) (1,057 ) Impairment loss of non-financial assets recognized in profit or loss - - - - - - - - (1,102 ) (1,102 ) Cash flows from operating activities - - - - - - - - 426,971 426,971 Cash flows used in investing activities - - - - - - - - (485,471 ) (485,471 ) Cash flows from financing activities - - - - - - - - 105,896 105,896 22.3 S Items in the statement of comprehensive income as of December 31, 2021 Specialty Iodine and its Lithium and Industrial Potassium Other products Corporate Unit Total segments ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 908,815 437,931 936,121 132,011 416,592 30,845 - 2,862,315 Costs of sales (646,930 ) (240,341 ) (494,794 ) (109,067 ) (253,125 ) (27,951 ) - (1,772,208 ) Gross profit 261,885 197,590 441,327 22,944 163,467 2,894 - 1,090,107 Other incomes by function - - - - - - 19,552 19,552 Administrative expenses - - - - - - (118,893 ) (118,893 ) Other expenses by function - - - - - - (60,605 ) (60,605 ) Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9 - - - - - - (235 ) (235 ) Other losses - - - - - - (2,638 ) (2,638 ) Financial income - - - - - - 4,668 4,668 Financial costs - - - - - - (84,626 ) (84,626 ) Interest in the profit (loss) of associates and joint ventures accounted for by the equity method - - - - - - 11,132 11,132 Exchange differences - - - - - - (17,241 ) (17,241 ) Profit (loss) before taxes 261,885 197,590 441,327 22,944 163,467 2,894 (248,886 ) 841,221 Income tax expense - - - - - - (249,016 ) (249,016 ) Profit (loss) net 261,885 197,590 441,327 22,944 163,467 2,894 (497,902 ) 592,205 F-155 Notes to the Consolidated Financial Statements Items in the statement of comprehensive income as of December 31, 2020 Specialty plant Iodine and its Lithium and its Industrial Potassium Other products Corporate Unit Total segments ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 701,688 334,657 383,373 160,608 209,294 27,571 - 1,817,191 Cost of sales (537,801 ) (168,499 ) (297,048 ) (119,092 ) (187,019 ) (24,862 ) - (1,334,321 ) Gross profit 163,887 166,158 86,325 41,516 22,275 2,709 - 482,870 Other incomes by function - - - - - - 26,893 26,893 Administrative expenses - - - - - - (107,017 ) (107,017 ) Other expenses by function - - - - - - (99,612 ) (99,612 ) Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9 - - - - - - 4,684 4,684 Other losses - - - - - - (5,313 ) (5,313 ) Financial income - - - - - - 13,715 13,715 Financial costs - - - - - - (82,199 ) (82,199 ) Interest in the profit (loss) of associates and joint ventures accounted for by the equity method - - - - - - 8,940 8,940 Exchange differences - - - - - - (4,423 ) (4,423 ) Profit (loss) before taxes 163,887 166,158 86,325 41,516 22,275 2,709 (244,332 ) 238,538 Income tax expense - - - - - - (70,179 ) (70,179 ) Profit (loss) from continuing operations 163,887 166,158 86,325 41,516 22,275 2,709 (314,511 ) 168,359 Items in the statement of comprehensive income as of December 31, 2019 Specialty plant Iodine and its Lithium and its Industrial Potassium Other products Corporate Unit Total segments ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 723,920 371,020 505,714 94,875 212,151 35,975 - 1,943,655 Cost of sales (573,808 ) (230,468 ) (306,250 ) (63,590 ) (176,199 ) (33,288 ) - (1,383,603 ) Gross profit 150,112 140,552 199,464 31,285 35,952 2,687 - 560,052 Other incomes by function - - - - - - 18,218 18,218 Administrative expenses - - - - - - (117,180 ) (117,180 ) Other expenses by function - - - - - - (25,995 ) (25,995 ) Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9 - - - - - - (1,057 ) (1,057 ) Other losses - - - - - - (383 ) (383 ) Financial income - - - - - - 26,289 26,289 Financial costs - - - - - - (76,939 ) (76,939 ) Interest in the profit (loss) of associates and joint ventures accounted for by the equity method - - - - - - 9,786 9,786 Exchange differences - - - - - - (2,169 ) (2,169 ) Profit (loss) before taxes 150,112 140,552 199,464 31,285 35,952 2,687 (169,430 ) 390,622 Income tax expense - - - - - - (110,019 ) (110,019 ) Profit (loss) from continuing operations 150,112 140,552 199,464 31,285 35,952 2,687 (279,449 ) 280,603 22.4 D As indicated in paragraph 33 of IFRS 8, the entity discloses geographical information on its revenue from operating activities with external customers and from non-current assets that are not financial instruments, deferred income tax assets, assets related to post-employment benefits or rights derived from insurance contracts. 22.5 D With respect to the degree of dependency of the Company on its customers, in accordance with paragraph 34 of IFRS 8, the Company has no external customers who individually represent 10% or more of its revenue. 22.6 S Items as of December 31, 2021 Chile Latin America and the Europe North America Asia and others Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 219,648 326,287 482,765 558,002 1,275,613 2,862,315 Investment accounted for under the equity method - - 15,242 15,899 8,683 39,824 Intangible assets other than goodwill 89,019 496 6,996 1,809 81,338 179,658 Goodwill 22,979 86 11,531 - - 34,596 Property, plant and equipment, net 1,815,997 671 11,380 3,704 180,473 2,012,225 Right-of-use assets 29,803 68 2,040 3,351 17,346 52,608 Other non-current assets 27,626 16 6 3,950 1,889 33,487 Non-current assets 1,985,424 1,337 47,195 28,713 289,729 2,352,398 Items as of December 31, 2020 Chile Latin America and the Europe North America Asia and others Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 153,745 159,990 380,126 427,572 695,758 1,817,191 Investment accounted for under the equity method - - 41,273 14,468 30,252 85,993 Intangible assets other than goodwill 95,934 565 825 2,274 78,809 178,407 Goodwill 23,065 - 18,901 - - 41,966 Property, plant and equipment, net 1,667,824 642 12,592 3,494 52,767 1,737,319 Right-of-use assets 23,461 2,298 2,428 1,776 61 30,024 Other non-current assets 19,377 17 7 2,641 - 22,042 Non-current assets 1,829,661 3,522 76,026 24,653 161,889 2,095,751 Items as of December 31, 2019 Chile Latin America and the Europe North America Asia and others Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 211,857 161,928 393,764 451,272 724,834 1,943,655 Investment accounted for under the equity method - - 42,243 14,669 52,523 109,435 Intangible assets other than goodwill 106,910 420 1,397 2,683 76,948 188,358 Goodwill 23,205 - 11,521 - - 34,726 Property, plant and equipment, net 1,526,919 513 3,424 6,250 32,800 1,569,906 Right-of-use assets 29,427 2,734 2,817 2,083 103 37,164 Other non-current assets 20,321 28 4 (624 ) - 19,729 Non-current assets 1,706,782 3,695 61,406 25,061 162,374 1,959,318 |
Effect of fluctuations in forei
Effect of fluctuations in foreign currency exchange rates | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure of effect of changes in foreign exchange rates [Abstract] | |
Disclosure of effect of changes in foreign exchange rates [text block] | Note 23 E (a) Foreign currency exchange differences recognized in profit or loss and other comprehensive income: Foreign currency exchange differences recognized in profit or loss and other As of As of As of ThUS$ ThUS$ ThUS$ Conversion foreign exchange gains (losses) recognized in the result of the year (17,241 ) (4,423 ) (2,169 ) Conversion foreign exchange reserves Conversion foreign exchange reserves attributable to the owners of the controlling entity 3,656 14,176 562 Conversion foreign exchange reserves attributable to the non-controlling entity 584 (176 ) 225 Total 4,240 14,000 787 (b) Reserves for foreign currency exchange differences: As of December 31, 2021, and 2020, are detailed as follows: Details As of As of As of ThUS$ ThUS$ ThUS$ Changes in equity generated by the equity method value through conversion: Comercial Hydro S.A. 1,004 1,004 1,004 SQMC Internacional Ltda. (9 ) (9 ) (9 ) Proinsa Ltda. (10 ) (10 ) (10 ) Comercial Agrorama Ltda. 155 (19 ) 33 Isapre Norte Grande Ltda. (121 ) (14 ) (44 ) Almacenes y Depósitos Ltda. 305 211 142 Sacal S.A. (3 ) (3 ) (3 ) Sociedad Prestadora de Servicios de Salud Cruz del Norte S.A. (36 ) (13 ) (19 ) Agrorama S.A. 628 92 231 Doktor Tarsa - - (13,811 ) SQM Vitas Fzco (4,165 ) (3,736 ) (2,267 ) Doctochem - - 7 SQM Eastmed Turkey - - (155 ) Ajay Europe (1,413 ) (693 ) (1,449 ) Coromandel SQM India - - (431 ) SQM Italia SRL - - (236 ) SQM Oceanía Pty Ltd. (579 ) (579 ) (634 ) SQM Indonesia S.A. (124 ) (124 ) (124 ) Abu Dhabi Fertillizers Industries WWL. 372 372 372 SQM Holland B.V. 99 99 (197 ) SQM Thailand Limited (68 ) (68 ) (68 ) SQM Europe (1,983 ) (1,983 ) (1,983 ) SQM Australia Pty Ltd. (1,732 ) (4,052 ) (4,035 ) Pavoni & C. Spa (153 ) 164 (185 ) Terra Tarsa BV - - 116 Plantacote NV - - (16 ) Doktolab Tarim Arastirma San. - - (54 ) Kore Potash PLC (a) - (2,128 ) (1,754 ) SQM Colombia S.A.S. (80 ) (80 ) (166 ) Total (7,913 ) (11,569 ) (25,745 ) (c) Functional and presentation currency The functional currency of these companies corresponds to the currency of the country of origin of each entity, and its presentation currency is the dollar. (d) Reasons to use one presentation currency and a different functional currency - A relevant portion of the revenues of these subsidiaries are associated with the local currency. - The cost structure of these companies is affected by the local currency. |
Disclosures on the effects of f
Disclosures on the effects of fluctuations in foreign currency exchange rates | 12 Months Ended |
Dec. 31, 2021 | |
Foreign exchange rates [abstract] | |
Disclosure of assets and liabilities subject to foreign currency fluctuations [Text Block] | Note 24 D a) Assets held in foreign currency subject to fluctuations in exchange rates are detailed as follows: Class of Asset Currency As of As of ThUS$ ThUS$ Cash and cash equivalents USD 1,377,983 454,402 Cash and cash equivalents CLP 4,416 7,190 Cash and cash equivalents CNY 30,102 11,597 Cash and cash equivalents EUR 14,374 17,144 Cash and cash equivalents GBP 1 19 Cash and cash equivalents AUD 72,107 1,411 Cash and cash equivalents INR - 6 Cash and cash equivalents MXN 1,827 1,378 Cash and cash equivalents PEN 6 3 Cash and cash equivalents AED 1 - Cash and cash equivalents JPY 1,182 1,646 Cash and cash equivalents ZAR 13,048 14,286 Cash and cash equivalents KRW - 16 Cash and cash equivalents IDR 3 3 Cash and cash equivalents PLN 1 1 Subtotal cash and cash equivalents 1,515,051 509,102 Other current financial assets USD 668,360 145,893 Other current financial assets BRL 48 - Other current financial assets CLP 250,641 202,176 Subtotal other current financial assets 919,049 348,069 Other current non-financial assets USD 18,486 20,645 Other current non-financial assets AUD 11,066 224 Other current non-financial assets CLF 150 53 Other current non-financial assets CLP 27,536 27,837 Other current non-financial assets CNY 5,213 1,661 Other current non-financial assets EUR 1,050 1,531 Other current non-financial assets COP 153 70 Other current non-financial assets MXN 6,092 4,488 Other current non-financial assets THB 8 70 Other current non-financial assets JPY 73 157 Other current non-financial assets ZAR 42 646 Other current non-financial assets SEK 1 17 Subtotal other non-financial current assets 69,870 57,399 Trade and other receivables USD 400,753 230,214 Trade and other receivables PEN - 1 Trade and other receivables BRL 21 23 Trade and other receivables CLF 459 545 Trade and other receivables CLP 43,496 47,133 Trade and other receivables CNY 108,822 22,882 Trade and other receivables EUR 35,514 22,868 Trade and other receivables GBP 46 682 Trade and other receivables MXN 237 355 Trade and other receivables AED 1,888 533 Trade and other receivables THB - 1,167 Trade and other receivables JPY 36,000 23,010 Trade and other receivables AUD 1,214 589 Trade and other receivables ZAR 23,568 12,504 Trade and other receivables COP 2,055 2,675 Trade and other receivables SEK - 25 Subtotal trade and other receivables 654,073 365,206 Receivables from related parties USD 83,088 61,379 Receivables from related parties EUR 1,150 1,222 Receivables from related parties AUD 1,914 - Subtotal receivables from related parties 86,152 62,601 Class of assets Currency As of As of ThUS$ ThUS$ Current inventories USD 1,183,776 1,093,028 Subtotal Current Inventories 1,183,776 1,093,028 Current tax assets USD 154,709 128,529 Current tax assets BRL 1 - Current tax assets CLP 1,727 3,015 Current tax assets EUR 171 218 Current tax assets MXN 31 - Current tax assets PEN 3 4 Current tax assets ZAR 13 26 Current tax assets COP 887 417 Current tax assets THB - 15 Subtotal current tax assets 157,542 132,224 Non-current assets or groups of assets classified as held for sale USD 582 1,629 Subtotal Non-current assets or groups of assets classified as held for sale 582 1,629 Total current assets 4,586,095 2,569,258 Other non-current financial assets USD 9,180 51,828 Other non-current financial assets CLP 20 20 Other non-current financial assets JPY 68 77 Subtotal Other non-current financial assets 9,268 51,925 Other non-current non-financial assets USD 30,906 21,236 Other non-current non-financial assets BRL 16 17 Other non-current non-financial assets KRW 12 - Other non-current non-financial assets EUR 6 7 Other non-current non-financial assets CLP 670 782 Other non-current non-financial assets AUD 1,877 - Subtotal Other non-current non-financial assets 33,487 22,042 Other receivables, non-current USD 5,239 10,061 Other receivables, non-current CLF 86 152 Other receivables, non-current MXN 26 102 Other receivables, non-current CLP 821 850 Subtotal Other receivables, non-current 6,172 11,165 Investments classified using the equity method of accounting USD 20,526 23,417 Investments classified using the equity method of accounting TRY - 792 Investments classified using the equity method of accounting AED 7,879 47,774 Investments classified using the equity method of accounting EUR 11,419 11,082 Investments classified using the equity method of accounting INR - 1,304 Investments classified using the equity method of accounting THB - 1,624 Subtotal Investments classified using the equity method of accounting 39,824 85,993 Intangible assets other than goodwill USD 172,399 176,282 Intangible assets other than goodwill MXN - 1,025 Intangible assets other than goodwill CLP 124 182 Intangible assets other than goodwill EUR 6,963 696 Intangible assets other than goodwill CNY 145 222 Intangible assets other than goodwill KRW 27 - Subtotal intangible assets other than goodwill 179,658 178,407 Purchases goodwill, gross USD 34,438 34,438 Purchases goodwill, gross EUR 158 7,528 Subtotal Purchases goodwill, gross 34,596 41,966 Property, plant and equipment USD 1,990,120 1,719,358 Property, plant and equipment CLP 3,180 3,237 Property, plant and equipment EUR 9,972 10,954 Property, plant and equipment AED 6,008 923 Property, plant and equipment BRL 111 111 Property, plant and equipment MXN 2,620 2,494 Property, plant and equipment COP 105 120 Property, plant and equipment KRW 109 122 Subtotal property, plant and equipment 2,012,225 1,737,319 Right-of-use assets USD 31,360 25,238 Right-of-use assets EUR 2,040 2,428 Right-of-use assets AED 17,346 60 Right-of-use assets MXN 1,862 2,298 Subtotal Right-of-use assets 52,608 30,024 Non-current tax assets USD 90,364 90,364 Subtotal non-current tax assets 90,364 90,364 Total non-current assets 2,458,202 2,249,205 Total assets 7,044,297 4,818,463 As of December 31, 2021 As of December 31, 2020 Class of liability Currency Up to 90 days More than 90 Total Up to 90 days More than 90 Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Current liabilities Other current financial liabilities USD 28,519 4,234 32,753 43,218 4,676 47,894 Other current financial liabilities CLF 18,259 293 18,552 20,732 329 21,061 Subtotal other current financial liabilities 46,778 4,527 51,305 63,950 5,005 68,955 Lease liabilities, current USD - 4,465 4,465 - 4,750 4,750 Lease liabilities, current CLF - 2,263 2,263 - - - Lease liabilities, current MXN - 434 434 - 416 416 Lease liabilities, current EUR - 382 382 - 362 362 Subtotal Lease liabilities, current - - 7,704 7,704 - 5,528 5,528 Trade and other payables USD 98,918 76 98,994 83,425 - 83,425 Trade and other payables CLF 1,330 - 1,330 123 - 123 Trade and other payables BRL 5 - 5 9 - 9 Trade and other payables THB 2 - 2 30 - 30 Trade and other payables CLP 115,504 - 115,504 73,857 - 73,857 Trade and other payables CNY 3,198 - 3,198 1,323 - 1,323 Trade and other payables EUR 41,242 984 42,226 40,280 - 40,280 Trade and other payables GBP 18 - 18 18 - 18 Trade and other payables INR 1 - 1 1 - 1 Trade and other payables MXN 881 - 881 584 - 584 Trade and other payables PEN 1 - 1 5 - 5 Trade and other payables AUD 15,876 - 15,876 2,935 - 2,935 Trade and other payables ZAR 1,288 - 1,288 1,168 - 1,168 Trade and other payables JPY 99 - 99 - - - Trade and other payables COP 227 - 227 175 - 175 Subtotal trade and other payables 278,590 1,060 279,650 203,933 - 203,933 Trade payables due to related parties, current USD - - - - 282 282 Trade payables due to related parties, current AUD - - - 324 - 324 Subtotal Trade payables due to related parties, current - - - 324 282 606 Other current provisions USD 54,134 263,332 317,466 103,252 698 103,950 Other current provisions CLP 200 - 200 216 - 216 Subtotal other current provisions 54,334 263,332 317,666 103,468 698 104,166 As of December 31, 2021 As of December 31, 2020 Class of liability Currency Up to90 days 91 days to 1 year Total Up to90 days 91 days to 1 year Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Current tax liabilities USD - 159,535 159,535 - 20,981 20,981 Current tax liabilities CLP - 12 12 - 61 61 Current tax liabilities EUR - 5,547 5,547 - 642 642 Current tax liabilities MXN - 1,841 1,841 - 959 959 Subtotal current tax liabilities - 166,935 166,935 - 22,643 22,643 Provisions for employee benefits, current USD 14,341 11,776 26,117 2,981 6,011 8,992 Provisions for employee benefits, current AUD - 272 272 58 - 58 Provisions for employee benefits, current CLP - - - 3 - 3 Provisions for employee benefits, current EUR 214 - 214 - - - Provisions for employee benefits, current MXN 172 - 172 43 - 43 Subtotal Provisions for employee benefits, current 14,727 12,048 26,775 3,085 6,011 9,096 Other current non-financial liabilities USD 99,643 8,593 108,236 51,995 397 52,392 Other current non-financial liabilities BRL 1 - 1 2 - 2 Other current non-financial liabilities CLP 6,342 2,941 9,283 6,264 792 7,056 Other current non-financial liabilities CNY 20,736 - 20,736 60 - 60 Other current non-financial liabilities EUR 1,281 423 1,704 913 119 1,032 Other current non-financial liabilities MXN 562 - 562 121 53 174 Other current non-financial liabilities JPY 32 - 32 52 - 52 Other current non-financial liabilities PEN 70 - 70 70 - 70 Other current non-financial liabilities COP - 157 157 - - - Other current non-financial liabilities ARS 47 - 47 - 117 117 Other current non-financial liabilities ZAR 846 - 846 - - - Subtotal other current non-financial liabilities 129,560 12,114 141,674 59,477 1,478 60,955 Total current liabilities 523,989 467,720 991,709 434,237 41,645 475,882 As of December 31, 2021 Class of liability Currency Over 1 year to 2 Over 2 years to 3 Over 3 years to 4 Over 4 years to 5 Over 5 years Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Non-current liabilities Other non-current financial liabilities USD 369,446 72,900 249,097 - 1,523,473 2,214,916 Other non-current financial liabilities CLF - - - - 372,816 372,816 Subtotal Other non-current financial liabilities 369,446 72,900 249,097 - 1,896,289 2,587,732 Non-current lease liabilities USD - 6,695 - 23,714 - 29,869 Non-current lease liabilities UF - - - 13,313 - 13,313 Non-current lease liabilities MXN - - - 1,530 - 1,530 Non-current lease liabilities JPY - - - 1,807 - 1,807 Subtotal non-current lease liabilities - 6,695 - 39,824 - 46,519 Non-current Trade and other payables USD - 3,813 - - - 3,813 Subtotal Non-current Trade and other payables - 3,813 - - - 3,813 Other non-current provisions USD - 4,257 - 31,017 25,764 61,038 Subtotal Other non-current provisions - 4,257 - 31,017 25,764 61,038 Deferred tax liabilities USD - 919 - - 109,497 110,416 Subtotal Deferred tax liabilities - 919 - - 109,497 110,416 Provisions for employee benefits, non-current USD 26,710 - - - - 26,710 Provisions for employee benefits, non-current CLP 389 - - - - 389 Subtotal Provisions for employee benefits, non-current 27,099 - - - - 27,099 Total non-current liabilities 396,545 88,584 249,097 70,841 2,031,550 2,836,617 Total liabilities 3,828,326 As of December 31, 2020 Class of liability Currency Over 1 year to 2 Over 2 years to 3 Over 3 years to 4 Over 4 years to 5 Over 5 years Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Non-current liabilities Other non-current financial liabilities USD - 312,730 69,376 248,664 838,399 1,469,169 Other non-current financial liabilities CLF - - - - 430,344 430,344 Subtotal Other non-current financial liabilities - 312,730 69,376 248,664 1,268,743 1,899,513 Non-current lease liabilities USD 1,977 - - - 4,158 6,135 Non-current lease liabilities UF 15,258 - - - - 15,258 Non-current lease liabilities MXN 2,189 - - - - 2,189 Non-current lease liabilities JPY 1,964 - - - - 1,964 Subtotal non-current lease liabilities 21,388 - - - 4,158 25,546 Non-current Trade and other payables USD - 4,027 - - - 4,027 Subtotal Non-current Trade and other payables - 4,027 - - - 4,027 Other non-current provisions USD - 36,391 - - 26,226 62,617 Subtotal Other non-current provisions - 36,391 - - 26,226 62,617 Deferred tax liabilities USD - 919 - - 155,182 156,101 Subtotal Deferred tax liabilities - 919 - - 155,182 156,101 Provisions for employee benefits, non-current USD 31,585 - - - - 31,585 Provisions for employee benefits, non-current CLP 610 - - - - 610 Provisions for employee benefits, non-current JPY 4 - - - - 4 Subtotal Provisions for employee benefits, non-current 32,199 - - - - 32,199 Total non-current liabilities 53,587 354,067 69,376 248,664 1,454,309 2,180,003 Total liabilities 2,655,885 Effects of changes in foreign currency exchange rates on the statement of net income and other comprehensive income. For the period from January to December of the year Foreign currency exchange rate changes 2021 2020 2019 ThUS$ ThUS$ ThUS$ Profit (loss) in foreign currency (17,241 ) (4,423 ) (2,169 ) Foreign currency translation reserve 4,240 14,000 562 Total (13,001 ) 9,577 (1,607 ) The average and closing exchange rate for foreign currency is disclosed in Note 3.3 |
Income tax and deferred taxes
Income tax and deferred taxes | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure of income tax [Abstract] | |
Disclosure of income tax [text block] | Note 25 I Tax receivables as of December 31, 2021 and 2020, are as follows: 25.1 C (a) Current Current tax assets As of As of ThUS$ ThUS$ Monthly provisional income tax payments, Chilean companies 435 37,123 Monthly provisional income tax payments, foreign companies 62 1,265 Corporate tax credits (1) 674 1,566 1st category tax absorbed by tax losses (2) 26,848 2,322 Taxes in recovery process 129,523 89,948 Total 157,542 132,224 (b) Non-current Non-current tax assets As of As of ThUS$ ThUS$ Monthly provisional income tax payments, Chilean companies compensated by the specific tax on mining activity (Lithium) 6,398 6,398 Specific tax on mining activities (IEAM) paid by Lithium (on consignment) 83,966 83,966 Total 90,364 90,364 (1) These credits are available for companies and are related to corporate tax payments in April of the following year. These credits include, among others, credits for training expenses (SENCE), credits for acquisition of fixed assets, donations and credits in Chile for taxes paid abroad. (2) This concept corresponds to the tax loss absorptions determined by the company at the end of the year, which must be attributed to the dividends received during the year. 25.2 C Current tax liabilities As of As of ThUS$ ThUS$ 1st Category income tax 139,842 14,736 Foreign company income tax 27,055 7,838 Article 21 single tax 38 69 Total 166,935 22,643 Income tax is calculated based on the profit or loss for tax purposes that is applied to the effective tax rate applicable in Chile. As established by Law No. 20,780 is 27%. The royalty is determined by applying the taxable rate to the net operating income obtained, according to the chart in force. The Company currently provisioned 6.51% for mining royalties that involve operations in the Salar de Atacama and 5.22% for caliche extraction operations. The income tax rate for the main countries where the Company operates is presented below: Income tax Income tax Country 2021 2020 Spain 25 % 25 % Belgium 25 % 25 % Mexico 30 % 30 % United States 21% + 3.51 % 21% + 3.36 % South Africa 28 % 28 % China 25%+12% (1) 25 % (1) Additional 12% tax over the VAT calculation 25.3 I (a) Deferred tax assets and liabilities as of December 31, 2021 Net liability position Description of deferred tax assets and liabilities as of December 31, 2021 Assets Liabilities ThUS$ ThUS$ Unrealized loss 144,181 - Property, plant and equipment and capitalized interest - (189,073 ) Restoration and rehabilitation provision 6,567 - Manufacturing expenses - (108,181 ) Employee benefits and unemployment insurance - (7,485 ) Vacation accrual 6,039 - Inventory provision 20,557 - Materials provision 10,554 - Others employee benefits 929 - Research and development expenses - (5,387 ) Bad debt provision 2,708 - Provision for legal complaints and expenses 334 - Loan acquisition expenses - (8,967 ) Financial instruments recorded at market value 5,242 - Specific tax on mining activity - (4,545 ) Tax loss benefit 7,113 - Other 8,862 - Foreign items (other) 136 - Balances to date 213,222 (323,638 ) Net balance (110,416 ) (b) Deferred tax assets and liabilities as of December 31, 2020 Net liability position Description of deferred tax assets and liabilities as of December 31, 2020 Assets Liabilities ThUS$ ThUS$ Unrealized loss 90,585 - Property, plant and equipment and capitalized interest - (187,168 ) Restoration and rehabilitation provision 6,598 - Manufacturing expenses - (107,215 ) Employee benefits and unemployment insurance - (6,669 ) Vacation accrual 6,138 - Inventory provision 22,200 - Materials provision 8,812 - Research and development expenses - (3,580 ) Bad debt provision 5,072 - Provision for legal complaints and expenses 19,637 - Loan acquisition expenses - (5,212 ) Financial instruments recorded at market value - (3,929 ) Specific tax on mining activity - (3,014 ) Tax loss benefit 844 - Other 1,454 - Foreign items (other) - (654 ) Balances to date 161,340 (317,441 ) Net balance (156,101 ) (c) Reconciliation of changes in deferred tax liabilities (assets) as of December 31, 2021 Reconciliation of changes in deferred tax liabilities (assets) Deferred tax Deferred tax Deferred taxes Total increases Deferred tax ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Unrealized loss (90,585 ) (53,596 ) - (53,596 ) (144,181 ) Property, plant and equipment and capitalized interest 187,168 1,905 - 1,905 189,073 Restoration and rehabilitation provision (6,597 ) 30 - 30 (6,567 ) Manufacturing expenses 107,215 966 - 966 108,181 Employee benefits and unemployment insurance 6,669 687 130 817 7,486 Vacation accrual (6,138 ) 99 - 99 (6,039 ) Inventory provision (22,200 ) 1,643 - 1,643 (20,557 ) Materials provision (8,812 ) (1,742 ) - (1,742 ) (10,554 ) Derivative financial instruments - 14,246 (14,246 ) - - Others employee benefits - (929 ) - (929 ) (929 ) Research and development expenses 3,581 1,806 - 1,806 5,387 Bad debt provision (5,072 ) 2,364 - 2,364 (2,708 ) Provision for legal complaints and expenses (19,637 ) 19,303 - 19,303 (334 ) Loan approval expenses 5,212 3,755 - 3,755 8,967 Financial instruments recorded at market value 3,929 (5,354 ) (3,818 ) (9,172 ) (5,243 ) Specific tax on mining activity 3,012 1,521 12 1,533 4,545 Tax loss benefit (844 ) (6,269 ) - (6,269 ) (7,113 ) Others (1,454 ) (7,408 ) - (7,408 ) (8,862 ) Foreign items (other) 654 (790 ) - (790 ) (136 ) Total temporary differences, unused losses and unused tax credits 156,101 (27,763 ) (17,922 ) (45,685 ) 110,416 (d) Reconciliation of changes in deferred tax liabilities (assets) as of December 31, 2020 Reconciliation of changes in deferred tax liabilities (assets) Deferred tax Deferred tax Deferred taxes Total increases Deferred tax ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Unrealized loss (82,076 ) (8,509 ) - (8,509 ) (90,585 ) Property, plant and equipment and capitalized interest 197,167 (9,999 ) - (9,999 ) 187,168 Facility closure provision (7,311 ) 714 - 714 (6,597 ) Manufacturing expenses 106,420 795 - 795 107,215 Employee benefits and unemployment insurance 6,000 514 155 669 6,669 Vacation accrual (5,591 ) (547 ) - (547 ) (6,138 ) Inventory provision (23,885 ) 1,685 - 1,685 (22,200 ) Materials provision (7,982 ) (830 ) - (830 ) (8,812 ) Derivative financial instruments - 1,001 (1,001 ) - - Others employee benefits (2,689 ) 2,689 - 2,689 - Research and development expenses 3,535 46 - 46 3,581 bad debt provision (3,542 ) (1,530 ) - (1,530 ) (5,072 ) Provision for legal complaints and expenses (2,546 ) (17,091 ) - (17,091 ) (19,637 ) Loan approval expenses 3,856 1,356 - 1,356 5,212 Financial instruments recorded at market value 1,287 - 2,642 2,642 3,929 specific tax on mining activity 1,354 1,668 (10 ) 1,658 3,012 Tax loss benefit (2,296 ) 1,452 - 1,452 (844 ) Others 2,021 (3,475 ) - (3,475 ) (1,454 ) Foreign items (other) (311 ) 965 - 965 654 Total temporary differences, unused losses and unused tax credits 183,411 (29,096 ) 1,786 (27,310 ) 156,101 (e) Deferred taxes related to benefits for tax losses The Company’s tax loss carryforwards were mainly generated by losses in Chile, which in accordance with current Chilean tax regulations have no expiration date. As of December 31, 2021, and 2020, tax loss carryforwards are detailed as follows: Deferred taxes related to benefits for tax losses As of As of ThUS$ ThUS$ Chile 7,113 818 Foreign - 26 Total 7,113 844 The tax losses as of December 31, 2021, which are the basis for these deferred taxes correspond mainly to SQM S.A., SQM Potasio S.A., Comercial Hydro S.A., Orcoma SpA., Orcoma Estudio SpA y SCM Bufalo. (f) Movements in deferred tax assets and liabilities Movements in deferred tax assets and liabilities as of December 31, 2021 and 2020 are detailed as follows: Assets (liabilities) Movements in deferred tax assets and liabilities As of As of ThUS$ ThUS$ Deferred tax assets and liabilities, net opening balance (156,101 ) (183,411 ) Increase (decrease) in deferred taxes in profit or loss 27,763 29,096 Increase (decrease) deferred taxes in equity 17,922 (1,786 ) Total (110,416 ) (156,101 ) (g) Disclosures on income tax (expenses) benefits Current and deferred tax (expenses) benefits are detailed as follows: (Expense) Income Disclosures on income tax (expense) benefit As of As of As of ThUS$ ThUS$ ThUS$ Current income tax (expense) benefit Current tax (expense) (279,105 ) (97,374 ) (116,483 ) Adjustments to prior year current income tax (expense) benefit 2,326 (1,901 ) 12,222 Current income tax expense, net, total (276,779 ) (99,275 ) (104,261 ) Deferred tax (expense) benefit Deferred tax benefits relating to the creation and reversal of temporary differences 28,445 26,219 2,551 Tax adjustments related to the creation and reversal of temporary differences from the previous year (682 ) 2,877 (8,309 ) Total deferred tax benefits, net 27,763 29,096 (5,758 ) Income tax expense (249,016 ) (70,179 ) (110,019 ) Tax (expenses) benefit for foreign and domestic parties are detailed as follows: (Expense) Income Income tax (expense) benefit As of As of As of ThUS$ ThUS$ ThUS$ Current income tax benefit (expense) by foreign and domestic parties, net Current income tax expenses, foreign parties, net (46,748 ) (9,782 ) (7,394 ) Current income tax expenses, domestic, net (230,031 ) (89,493 ) (96,867 ) Current income tax expense, net, total (276,779 ) (99,275 ) (104,261 ) Deferred tax benefit (expense) by foreign and domestic parties, net Current income tax (expense) benefit, foreign parties, net (6,679 ) 10,284 2,370 Current income tax benefits, domestic, net 34,442 18,812 (8,128 ) Deferred tax expense, net, total 27,763 29,096 (5,758 ) Income tax expense (249,016 ) (70,179 ) (110,019 ) (h) Disclosures on the tax effects of other comprehensive income components: As of December 31, 2021 Income tax related to other income and expense components with a charge Amount before taxes (Expense) income for Amount after taxes ThUS$ ThUS$ ThUS$ Gains (losses) from defined benefit plans 4,679 (142 ) 4,537 Cash flow hedges (52,762 ) 14,246 (38,516 ) Reserve for (losses) gains from financial assets measured at fair value through other comprehensive income (12,072 ) 3,818 (8,254 ) Total (60,155 ) 17,922 (42,233 ) As of December 31, 2020 Income tax related to other income and expense components with a charge Amount before taxes (Expense) income for Amount after taxes ThUS$ ThUS$ ThUS$ Gains (losses) from defined benefit plans 974 (145 ) 829 Cash flow hedges (3,706 ) 1,001 (2,705 ) Reserve for gains (losses) from financial assets measured at fair value through other comprehensive income 9,784 (2,642 ) 7,142 Total 7,052 (1,786 ) 5,266 As of December 31, 2019 Income tax related to other income and expense components with a charge Amount before taxes (Expense) income for Amount after taxes ThUS$ ThUS$ ThUS$ Gains (losses) from defined benefit plans (3,310 ) 702 (2,608 ) Cash flow hedges 1,908 (2,683 ) (775 ) Reserve for gains (losses) from financial assets measured at fair value through other comprehensive income 1,152 (311 ) 841 Total (250 ) (2,292 ) (2,542 ) (i) Explanation of the relationship between (expense) benefit for tax purposes and accounting income. Based on IAS 12, paragraph 81, letter “c”, the company has estimated that the method that discloses the most significant information for users of the financial statements is the numeric conciliation between the tax benefit (expense) and the result of multiplying the accounting profit by the current rate in Chile. The aforementioned choice is based on the fact that the Company and subsidiaries established in Chile generate a large part of the Company’s tax benefit (expense). The amounts provided by subsidiaries established outside Chile have no relative importance in the overall context. Reconciliation between the tax benefit (expense) and the tax calculated by multiplying income before taxes by the Chilean corporate income tax rate. (Expense) Benefit Income Tax Expense (Benefit) As of As of As of ThUS$ ThUS$ ThUS$ Consolidated income before taxes 841,221 238,538 390,622 Statutory income tax rate in Chile 27 % 27 % 27 % Tax expense using the statutory tax rate (227,130 ) (64,405 ) (105,468 ) Net effect of royalty tax payments (13,350 ) (4,659 ) (4,314 ) Effect of other additional taxes affected by article 21 and passive income (2,617 ) (1,804 ) (724 ) Tax effect of revenue from regular activities exempt from taxation (260 ) 1,786 2,376 Tax rate effect of non-tax-deductible expenses for determining taxable profit (loss) (2,226 ) (2,987 ) (2,128 ) Tax effect of tax rates supported abroad (3,016 ) (2,077 ) (252 ) Effects of changes resulting from classifying a permanent item as a temporary one - 4,826 - Other tax effects (417 ) (859 ) 491 Tax expense using the effective tax rate (249,016 ) (70,179 ) (110,019 ) (j) Tax periods potentially subject to verification: The Group’s Companies are potentially subject to income tax audits by tax authorities in each country These audits are limited to a number of interim tax periods, which, in general, when they elapse, give rise to the expiration of these inspections. Tax audits, due to their nature, are often complex and may require several years. Below, we provide a summary of tax periods that are potentially subject to verification, in accordance with the tax regulations in force in the country of origin: (i) Chile According to article 200 of Decree Law No 830, the taxes will be reviewed for any deficiencies in terms of payment and to generate any taxes that might arise. There is a 3-year prescriptive period for such review, dating from the expiration of the legal deadline when payment should have been made. This prescriptive period can be extended to 6 years for the revision of taxes subject to declaration, when such declaration has not been filed or has been presented with maliciously false information. (ii) United States In the United States, the tax authority may review tax returns for up to 3 years from the expiration date of the tax return. In the event that an omission or error is detected in the tax return of sales or cost of sales, the review can be extended for a period of up to 6 years. (iii) Mexico: In Mexico, the tax authority can review tax returns up to 5 years from the expiration date of the tax return. (iv) Spain: In Spain, the tax authority can review tax returns up to 4 years from the expiration date of the tax return. A subsidiary of the Company, SQM Iberian S.A., is being reviewed by the Spanish Tax Authority. This audit could involve adjustments to tax returns filed in Spain. (v) Belgium: In Belgium, the tax authority may review tax returns for up to 3 years from the expiration date of the tax return if no tax losses exist. In the event of detecting an omission or error in the tax return, the review can be extended for a period of up to 5 years. (vi) South Africa: In South Africa, the tax authority may review tax returns for up to 3 years from the expiration date of the tax return. In the event that an omission or error in the tax return is detected, the review can be extended for a period of up to 5 years. A subsidiary of the Company, SQM Africa Pty., is being reviewed by the South African Tax Authority. This audit could involve adjustments to tax returns filed in South Africa. |
Events occurred after the repor
Events occurred after the reporting date | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure Of Events After Reporting Period Explanatory [Abstract] | |
Disclosure of events after reporting period [text block] | Note 26 E 26.1 A The consolidated financial statements of the Company and its subsidiaries, prepared in accordance with IFRS for the year ended December 31, 2021, were approved and authorized for issuance by the Company´s Board of Directors on March 2, 2022. 26.2 D The total financial impact of COVID-19 cannot be reasonably estimated at this time, due to uncertainty as to its severity and duration. It was anticipated that average sales volumes and prices will depend on the duration of the coronavirus in different markets, the efficiency of the measures implemented to contain the spread of the virus in each country, and the fiscal and national incentives that can be implemented in different jurisdictions to promote economic recovery. The Company continues to monitor and evaluate the spread of the coronavirus and its impact on our operations, business, financial condition and results of operations. On February 25, 2022 SQM NA submitted to the Central District Court of California an appeal bond for US$ 60.1 million to guarantee the final settlement, in connection with the case reported in Note 20.1 (c). Management is not aware of any other significant events that occurred between December 31, 2021, and the date of issuance of these consolidated financial statements that may significantly affect them. |
Significant accounting polici_2
Significant accounting policies (Policies) | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure Of Changes In Accounting Policies Accounting Estimates And Errors Explanatory [Abstract] | |
Description of accounting policy for classification of balances as current and non-current [Text Block] | 3.1 C In the consolidated statement of financial position, balances are classified in consideration of their recovery (maturity) dates; i.e., those maturing within a period equal to or less than 12 months are classified as current counted from the closing date of the consolidated financial statements and those with maturity dates exceeding the aforementioned period are classified as non-current. The exception to the foregoing relates to deferred taxes, which are classified as non-current, regardless of the maturity they have. |
Description of accounting policy for functional currency [text block] | 3.2 F The Company’s consolidated financial statements are presented in United States dollars, without decimal places, which is the Company’s functional and presentation currency and is the currency of the main economic environment in which it operates. Consequently, the term foreign currency is defined as any currency other than the U.S. dollar. |
Description of accounting policy for foreign currency translation [text block] | 3.3 A (a) SQM group entities: The revenue, expenses, assets and liabilities of all entities that have a functional currency other than the presentation currency are converted to the presentation currency as follows: - Assets and liabilities are converted at the closing exchange rate prevailing on the reporting date. - Revenues and expenses of each profit or loss account are converted at monthly average exchange rates. - All resulting foreign currency translation gains and losses are recognized as a separate component in translation reserves. In consolidation, foreign currency differences arising from the translation of a net investment in foreign entities are recorded in shareholder’s equity (“foreign currency translation reserve”). At the date of disposal, such foreign currency translation differences are recognized in the statement of income as part of the gain or loss from the sale. The main exchange rates and UF used to translate monetary assets and liabilities, expressed in foreign currency at the end and average of each period in respect to U.S. dollars, are as follows: Closing exchange rates Average exchange rates Currencies As of December 31, 2021 As of December 31, As of December 31, 2021 As of December 31, ThUS$ ThUS$ ThUS$ ThUS$ Brazilian real 5.57 5.18 5.66 5.14 New Peruvian sol 3.99 3.62 4.04 3.60 Japanese yen 115.18 103.30 113.87 103.81 Euro 0.88 0.81 0.88 0.82 Mexican peso 20.54 19.93 20.90 19.97 Australian dollar 1.38 1.30 1.40 1.33 Pound Sterling 0.74 0.74 0.75 0.74 South African rand 15.94 14.61 15.88 14.88 Chilean peso 844.69 710.95 849.46 731.92 Chinese yuan 6.38 6.51 6.37 6.53 Indian rupee 74.42 73.30 75.40 73.65 Thai Baht 33.32 29.94 33.55 30.08 Turkish lira 13.28 7.36 13.54 7.70 UF (*) 36.69 40.89 36.48 39.73 (*) US$ per UF (b) Transactions and balances The Company’s non-monetary transactions in currencies other than the functional currency (Dollar) are translated to the respective functional currencies of Group entities at the exchange rate on the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the reporting date are retranslated to the functional currency at the exchange rate at that date. All differences are recorded in the statement of income except for all monetary items that provide an effective hedge for a net investment in a foreign operation. These items are recognized in other comprehensive income until disposal of the investment, when they are recognized in the statement of income. Charges and credits attributable to foreign currency translation differences on those hedge monetary items are also recognized in other comprehensive income. Non-monetary assets and liabilities that are measured at historical cost in a foreign currency are retranslated to the functional currency at the historical exchange rate of the transaction. Non-monetary items that are measured based on fair value in a foreign currency are translated using the exchange rate at the date on which the fair value is determined. |
Description of accounting policy for cash flows [text block] | 3.4 C Cash equivalents correspond to highly liquid short-term investments that are easily convertible into known amounts of cash and subject to insignificant risk of changes in their value and mature in less than three months from the date of acquisition of the instrument. For the purposes of the statement of cash flows, cash and cash equivalents comprise cash and cash equivalents as defined above. The statement of cash flows present cash transactions performed during the period, determined using the direct method. |
Description of accounting policy for financial assets [text block] | 3.5 F Management determines the classification of its financial assets at fair value (either through other comprehensive income, or through profit or loss), and at amortized cost. The classification depends on the business model of the entity to manage the financial assets and the contractual terms of the cash flows. In the initial recognition, the Company measures its financial assets at fair value more or less, in the case of a financial asset that is not accounted for at fair value through profit or loss, the transaction costs that are directly attributable to the acquisition of the financial asset on the date when the Company commits to the purchase or sale of an asset. In the case of account receivables and other accounts receivables, the transaction price at the initial recognition is measured. After initial recognition, the Company measures its financial assets according to the Company's business model for managing its financial assets and the contractual terms of its cash flows: (a) Financial instruments measured at amortized cost. Financial assets that meet the following conditions are included in this category (i) the business model that supports it aims to maintain the financial assets to obtain the contractual cash flows and the contractual conditions of the financial asset give place, on specified dates, to cash flows that are only payments of the principal and interest on the outstanding principal amount. The Company’s financial assets that meet these conditions are: (ii) cash equivalents; (iii) related party receivables; (iv) trade debtors; (v) other receivables. (b) Financial instruments at fair value. A financial asset should be measured at fair value through profit or loss or fair value through other comprehensive income, depending on the following: (i) "Fair Value Through Other Comprehensive Income": Assets held to collect contractual cash flows and to be sold, where the asset cash flows are only capital and interest payments, are measured at fair value through other comprehensive income. Changes in book values are through other comprehensive income, except for the recognition of impairment losses, interest income and exchange gains and losses, which are recognized in the income statement. When a financial asset is derecognized, the cumulative gain or loss previously recognized in other comprehensive income is reclassified from equity to the income statement. Interest income from these financial assets is included in financial income using the effective interest method. (ii) "Fair Value Through Profit and Loss": Assets that do not meet the amortized cost or "Fair Value Through Other Comprehensive Income" criteria are valued at "Fair Value Through Profit and Loss". (c) Financial equity assets at fair value through other comprehensive income. Equity instruments that are not classified as held for trading and which the Group has irrevocably chosen to recognize in this category. Amounts presented in other comprehensive income will not be subsequently transferred to profit or loss. |
Description of accounting policy for impairment of financial assets [text block] | 3.6 F The Company evaluates expected credit losses associated with its debt instruments carried at amortized cost and fair value through other comprehensive income. The impairment method used depends on whether there has been a significant increase in credit risk. The Company applies simplified approach to measure expected credit losses using the lifetime expected loss on all trade receivables. Expected credit losses are measured by grouping receivables by their shared credit risk characteristics and days overdue. The Company has concluded that the expected loss rates for trade receivables are a reasonable approximation of the loss rates for contract assets. Expected loss rates are based on sales payment profiles and historical credit losses within this period. Historical loss rates are adjusted to reflect current expectations and information regarding macroeconomic factors that affect the ability of customers to meet their commitments. Impairment losses from receivables and contract assets are shown as net impairment losses in the line “Impairment of financial assets and reversal of impairment losses,” see Note 21.7. The subsequent recovery of previously canceled amounts are credited to the same line. |
Description of accounting policy for financial liabilities [text block] | 3.7 F Management determines the classification of its financial liabilities at fair value or at amortized cost. The classification depends on the business model of the entity to manage the financial liabilities and the contractual terms of the cash flows. At the initial recognition, the Company measures its financial liabilities by their fair value more or less, in the case of a financial liability that is not accounted for at fair value through profit or loss, the transaction costs that are directly attributable to the acquisition of the financial liability. After initial recognition, the Company measures its financial liabilities at amortized cost unless the Company, at the initial moment, irrevocably designates the financial liability as measured at fair value through profit or loss. Financial liabilities measured at amortized cost are commercial accounts payable and other accounts payable and other financial liabilities. Amortized cost is based using the effective interest rate method. Amortized cost is calculated by considering any premium or discount on the acquisition and includes transaction costs that are an integral part of the effective interest rate. Financial liabilities are recorded as not current when they mature in more than 12 months and as current when they mature in less than 12 months. |
Description of accounting policy for reclassification of financial instruments [text block] | 3.8 R When the Company changes its business model for managing financial assets, it will reclassify all its financial assets affected by the new business model. Financial liabilities cannot be reclassified. |
Description of accounting policy for derecognition of financial instruments [text block] | 3.9 F The Company derecognizes a financial asset when the contractual rights to the cash flows from the asset expire, or it transfers the rights to receive the contractual cash flows in a transaction in which substantially all the risks and rewards of ownership of the financial asset are transferred; and the control of the financial assets has not been retained. The Company derecognizes a financial liability when its contractual obligations or a part of these are discharged, paid to the creditor or legally extinguished from the principle responsibility contained in the liability. |
Description of accounting policy for derivative financial instruments and hedging [text block] | 3.10 D Derivatives are recognized initially at fair value as of the date on which the derivatives contract is signed and, they are subsequently assessed at fair value. The method for recognizing the resulting gain or loss depends on whether the derivative has been designated as an accounting hedge instrument and, if so, it depends on the type of hedging, which may be as follows: a) Fair value hedge of assets and liabilities recognized (fair value hedges); b) Hedging of a single risk associated with a recognized asset or liability or a highly probable forecast transaction (cash flow hedge). At the beginning of the transaction, the Company documents the relationship that exists between hedging instruments and those items hedged, as well as their objectives for risk management purposes and the strategy to conduct different hedging operations. The Company also documents its evaluation both at the beginning and at the end of each period if the derivatives used in hedging transactions are highly effective to offset changes in the fair value or in cash flows of hedged items. The fair value of derivative instruments used for hedging purposes is shown in Note 12.3. Changes in the cash flow hedge reserve are classified as a non-current asset or liability if the remaining expiration period of the hedged item is more than 12 months, and as a current asset or liability if the remaining expiration period of the hedged item is less than 12 months. Derivatives that are not designated or do not qualify as hedging derivatives are classified as current assets or liabilities, and changes in the fair value are directly recognized through profit or loss. a) Fair value hedge Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recorded in profit or loss, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk. The gain or loss relating to the effective portion of interest rate swaps that hedge fixed rate borrowings is recognized in profit or loss within finance costs, together with changes in the fair value of the hedged fixed rate borrowings attributable to interest rate risk. The gain or loss relating to the ineffective portion is recognized in profit or loss within other income or other expenses. If the hedge no longer meets the criteria for hedge accounting, the adjustment to the carrying amount of a hedged item for which the effective interest method is used is amortized to profit or loss over the period to maturity using a recalculated effective interest rate. b) Cash flow hedges The effective portion of the gain or loss on the hedging instrument is initially recognized with a debit or credit to other comprehensive income, while any ineffective portion is immediately recognized with a debit or credit to income, as appropriate depending on the nature of the hedged risk. The amounts accumulated in net equity are carried over to results when the hedged items are settled or when these have an impact on results. When a hedging instrument no longer meets the criteria for hedge accounting, any cumulative deferred gain or loss and deferred costs of hedging in equity at that time remains in equity until the forecast transaction occurs. When the forecast transaction is no longer expected to occur, the cumulative gain or loss and deferred costs of hedging that were reported in equity are immediately reclassified to profit or loss. |
Description of accounting policy for derivative financial instruments not considered as hedges [text block] | 3.11 D Derivative financial instruments not considered as hedges are recognized at fair value with the effect in the results of the year. The Company has derivative financial instruments to hedge foreign currency risk exposure. The Company continually evaluates the existence of embedded derivatives in both its contracts and in its financial instruments. As of December 31, 2021, and 2020, the Company does not have any embedded derivatives. |
Description of accounting policy for deferred acquisition costs arising from insurance contracts [text block] | 3.12 D Acquisition costs from insurance contracts are classified as prepayments and correspond to insurance contracts in force, recognized using the straight-line method and on an accrual basis independent of payment date. These are recognized under other non-financial assets. |
Description of accounting policy for leases [text block] | 3.13 L (a) Right-of-use assets The Company recognizes right-of-use assets on the initial lease date (i.e., the date on which the underlying asset is available for use). Right-of-use assets are measured at cost, less any accumulated depreciation and impairment losses, adjusted by any new measurement of the lease liability. The cost of right-of-use assets includes the amount of recognized lease liabilities, direct initial costs incurred and lease payments made on the start date or sooner, less the lease incentives received. Unless the Company is reasonably sure it will take ownership of the leased asset at the end of the lease period, the assets recognized through right-of-use are depreciated in a straight line during the shortest period of their estimated useful life and lease period. Right-of-use assets are subject to impairment. (b) Lease liabilities On the lease start date, the Company recognizes lease liabilities measured at present value of lease payments that will be made during the lease period. Lease payments include fixed payments (including payments that are essentially fixed), less incentives for lease receivables, variable lease payments that are dependent on an index or rate and amounts that are expected to be paid as guaranteed residual value. Lease payments also include the exercise price of a purchase option if the Company is reasonably sure it will exercise this and penalty payments for terminating a lease, if the lease period reflects that the Company will exercise the option to terminate. Variable lease payments that are not dependent on an index or rate are recognized as expenses in the period that produces the event or condition that triggers payment. When calculating the present value of lease payments, the Company uses the incremental borrowing rate on the initial lease date if the interest rate implicit in the lease cannot be determined easily. After the start date, the lease liability balance will increase to reflect the accumulation of interest and will diminish as lease payments are made. Furthermore, the book value of lease liabilities is remeasured in the event of an amendment, a change in the lease period, a change in the fixed lease payments in substance or a change in the assessment to buy the underlying asset. Payments made that affect lease liabilities are presented as part of the financing activities in the cash flow statement. (c) Short-term leases and low-value asset leases The Company applies the short-term lease recognition exemption to leases with a lease term of 12 months or less starting on the start date and that don’t have a purchase option. It also applies the low-value asset lease recognition exemptions to leases less than the limit specified in the respective accounting standard. Lease payments in short-term leases and low-value asset leases are recognized as lineal expenses during the lease term. (d) Significant judgments in the determination of the lease term for contracts with renewal options. The Company determines the lease term as the non-cancellable period of the lease, together with periods covered by an option to extend the lease if it is reasonably certain that this will be exercised, or any period covered by an option to terminate the lease, if it is reasonably certain that this will not be exercised. The Company has the option, under some of its leases, to lease assets for additional terms. The Company applies its judgment when assessing whether it is reasonably certain that it will exercise the option to renovate. In other words, it considers all the relevant factors that create an economic incentive for it to exercise the option to renovate. After the start date, the Company reevaluates the lease term if there is a significant event or change in the circumstances that are under its control and affect its capacity to exercise (or not exercise) the option to renovate. |
Description of accounting policy for trade and other receivables [text block] | 3.14 I The method used to determine the cost of inventories is the weighted average monthly cost of warehouse storage. In determining production costs for own products, the company includes the costs of labor, raw materials, materials and supplies used in production, depreciation and maintenance of the goods that participate in the production process, the costs of product movement necessary to maintain stock on location and in the condition in which they are found, and also includes the indirect costs of each task such as laboratories, process and planning areas, and personnel expenses related to production, among others. For finished and in-process products, the company has four types of provisions, which are reviewed quarterly: (a) Provision associated with the lower value of stock: The provision is directly identified with the product that generates it and involves three types: (i) provision of lower realizable value, which corresponds to the difference between the inventory cost of intermediary or finished products, and the sale price minus the necessary costs to bring them to the same conditions and location as the product with which they are compared; (ii) provision for future uncertain use that corresponds to the value of those products in process that are likely not going to be used in sales based on the company’s long-term plans; (iii) reprocessing costs of products that are unfeasible for sale due to current specifications. (b) Provision associated with physical differences in inventory: A provision is made for differences that exceed the tolerance considered in the respective inventory process (physical and annual inventories are taken for the productive units in Chile and the port of Tocopilla; the business subsidiaries depend on the last zero ground obtained, but in general it is at least once a year), these differences are recognized immediately. (c) Potential errors in the determination of stock: The company has an algorithm that is reviewed at least once a year and corresponds to diverse percentages assigned to each inventory based on the product, location, complexity involved in the associated measurement, rotation and control mechanisms. (d) Provisions undertaken by business subsidiaries: these are historical percentages that are adjusted as zero ground is attained based on normal inventory management. Inventories of raw materials, materials and supplies for production are recorded at acquisition cost. Cyclical inventories are performed in warehouses, as well as general inventories every three years. Differences are recognized at the moment they are detected. The company has a provision that makes quarterly calculations from percentages associated with each type of material (classification by warehouse and rotation), these percentages use the lower value resulting from deterioration or obsolescence as well as potential losses. This provision is reviewed at least annually, and considers the historical profit and loss obtained in the inventory processes. |
Description of accounting policy for transactions with non-controlling interests [text block] | 3.15 N Non-controlling interests are recorded in the consolidated statement of financial position within equity but separate from equity attributable to the owners of the Parent. |
Description of accounting policy for transactions with related parties [text block] | 3.16 R Transactions between the Company and its subsidiaries are part of the Company’s normal operations within its scope of business activities. Conditions for such transactions are those normally effective for those types of operations with regard to terms and market prices. The maturity conditions vary according to the originating transaction. |
Description of accounting policy for property, plant and equipment [text block] | 3.17 P Property, plant and equipment are stated at acquisition cost, net of the related accumulated depreciation, amortization and impairment losses that they might have experienced. In addition to the price paid for the acquisition of tangible property, plant and equipment, the Company has considered the following concepts as part of the acquisition cost, as applicable: (a) Accrued interest expenses during the construction period that are directly attributable to the acquisition, construction or production of qualifying assets, which are those that require a substantial period prior to being ready for use. The interest rate used is that related to the project’s specific financing or, should this not exist, the average financing rate of the investor company. (b) The future costs that the Company will have to experience, related to the closure of its facilities at the end of their useful life, are included at the present value of disbursements expected to be required to settle the and its subsequent variation is recorded directly in results. Having initially recognized provisions for closure and refurbishment, the corresponding cost is capitalized as an asset in “Property, plant and equipment” and amortized in line with the amortization criteria for the associated assets. Construction-in-progress is transferred to property, plant and equipment in operation once the assets are available for use and the related depreciation and amortization begins on that date. Extension, modernization or improvement costs that represent an increase in productivity, ability or efficiency or an extension of the useful lives of property, plant and equipment are capitalized as a higher cost of the related assets. All the remaining maintenance, preservation and repair expenses are charged to expense as they are incurred. The replacement of assets, which increase the asset’s useful life or its economic capacity, are recorded as a higher value of property, plant and equipment with the related derecognition of replaced or renewed elements. Gains or losses which are generated from the sale or disposal of property, plant and equipment are recognized as income (or loss) in the period and calculated as the difference between the asset’s sales value and its net carrying value. Costs derived from the daily maintenance of property, plant and equipment are recognized when incurred. |
Description of accounting policy for depreciation of property, plant and equipment [Text Block] | 3.18 D Property, plant and equipment are depreciated through the straight-line distribution of cost over the estimated technical useful life of the asset, which is the period in which the Company expects to use the asset. When components of one item of property, plant and equipment have different useful lives, they are recorded as separate assets and depreciated over their expected useful lives. Fixed assets located in the Salar de Atacama consider useful life to be the lesser value between the technical useful life and the years remaining until 2030. In the case of certain mobile equipment, depreciation is performed depending on the hours of operation. The useful lives used for the depreciation and amortization of assets included in property, plant and equipment in years are presented below: Classes of property, plant and equipment Minimum life or Maximum life or Life or average rate Mining assets 3 10 7 Energy generating assets 3 16 9 Buildings 3 25 14 Supplies and accessories 2 10 7 Office equipment 5 10 9 Transport equipment 5 9 7 Network and communication equipment 4 10 5 IT equipment 4 11 7 Machinery, plant and equipment 2 25 13 Other fixed assets 3 20 10 |
Description of accounting policy for goodwill [text block] | 3.19 G Goodwill acquired represents the excess in acquisition cost on the fair value of the Company's ownership of the net identifiable assets of the subsidiary on the acquisition date. Goodwill acquired related to the acquisition of subsidiaries is included in the line item goodwill, which is subject to impairment tests annually or more frequently if events or changes in circumstances indicate that it might be impaired and is stated at cost less accumulated impairment losses. Gains and losses related to the sale of an entity include the carrying value of goodwill related to the entity sold. This intangible asset is assigned to cash-generating units with the purpose of testing impairment losses. It is allocated based on cash-generating units expected to obtain benefits from the business combination from which the aforementioned goodwill acquired arose. |
Description of accounting policy for intangible assets other than goodwill [text block] | 3.20 I Intangible assets other than goodwill mainly relate to water rights, emission rights, commercial brands, costs for rights of way for electricity lines, license costs and the development of computer software and mining property and concession rights, client portfolio and commercial agent. (a) Water rights Water rights acquired by the Company relate to water from natural sources and are recorded at acquisition cost. The Company separates water rights into: i) Finite rights with amortization using the straight-line method, and ii) Indefinite rights, which are not amortized, given that these assets represent rights granted in perpetuity to the Company, which are subject to an annual impairment assessment. (b) Rights of way for electric lines As required for the operation of industrial plants, the Company has paid rights of way in order to install wires for the different electric lines on third party land. These rights are presented under intangible asset. Amounts paid are capitalized at the date of the agreement and amortized in the statement of income, according to the life of the right of way. (c) Computer software Licenses for IT programs acquired are capitalized based on their acquisition and customization costs. These costs are amortized over their estimated useful lives. Expenses related to the development or maintenance of IT programs are recognized as an expense as and when incurred. Costs directly related to the production of unique and identifiable IT programs controlled by the Group, and which will probably generate economic benefits that are higher than its costs during more than a year, are recognized as intangible assets. Direct costs include the expenses of employees who develop information technology software and general expenses in accordance with corporate charges received. The costs of development for IT programs are recognized as assets are amortized over their estimated useful lives. (d) Mining property and concession rights The Company holds mining property and concession rights from the Chilean and Western Australian Governments. Property rights from the State of Chile are usually obtained at no initial cost (other than the payment of mining patents and minor recording expenses) and once the rights on these concessions have been obtained, they are retained by the Company while annual patents are paid. Such patents, which are paid annually, are recorded as prepaid assets and amortized over the following twelve months. Amounts attributable to mining concessions acquired from third parties that are not from the Chilean Government are recorded at acquisition cost within intangible assets. (e) Estimated useful lives or amortization rates used for finite identifiable intangible assets The finite useful life of mining properties is calculated using the productive unit method, except for the mining properties owned by Corfo, which have been leased to the Company and grant it the right to exclusively exploit them until December 31, 2030. The estimated useful life for software which they are amortized corresponds to the periods defined by the contracts or rights from which they originate. f) Minimum and maximum amortization lives or rates of intangible assets: Estimated useful life or amortization rate Minimum Life or Maximum Life or Water rights 5 years Indefinite Rights of way Indefinite Indefinite Corfo Mining properties (1) 9 years 9 years Mining rights Unit-production method Intellectual property 9 years 9 years IT programs 2 years 8 years (1) Mining properties owned by CORFO and leased to the Company, which grant it the exclusive right to exploit them until December 31, 2030. |
Description of accounting policy for research and development expense [text block] | 3.21 R Research and development expenses are charged to profit or loss in the period in which the expenditure was incurred. |
Description of accounting policy for exploration and evaluation expenses [text block] | 3.22 E The Company holds mining concessions for exploration and exploitation of ore, the Company gives the following treatment to expenses associated with exploration and assessment of these resources: Once the rights have been obtained, the Company records the disbursements directly associated with the exploration and evaluation of the deposit in execution as property, plant and equipment (construction in progress) at its cost. These disbursements include the following items: geological surveys, drilling, borehole extraction and sampling, activities related to the technical assessment and commercial viability of the extraction, and in general, any disbursement directly related to specific projects where the objective is to find ore resources. If the technical studies determine that the ore grade is not economically viable, the asset is directly charged to profit and loss. If determined otherwise, the asset described above is associated with the extractable ore tonnage which is amortized as it is used. (a) Limestone and metallic exploration These assets are included in Other Non-Current Non-Financial Assets, and the portion related to the area to be exploited in the year are reclassified to Current Inventory, if applicable. Costs related to metal exploration are charged to profit or loss in the period in which they are recognized if the project assessed doesn't qualify for consideration as advanced exploration otherwise, these are amortized during the development stage. (b) Exploration in Salar de Atacama Exploration expenses in Salar de Atacama are included in non-current assets under Property, Plant and Equipment and are mainly bore holes that can also be used to exploit the deposit or monitoring, which are amortized over 9 years. (c) Exploration and evaluation at the Mt. Holland Project Mount Holland exploration and evaluation expenditure is included in Property, plant and equipment, specifically in Construction in Progress. See Note 1. 8. |
Description of accounting policy for impairment of non-financial assets [text block] | 3.23 I Assets subject to depreciation and amortization are also subject to impairment testing, provided that an event or change in the circumstances indicates that the amounts in the accounting records may not be recoverable, an impairment loss is recognized for the excess of the book value of the asset over its recoverable amount. For assets other than goodwill, the Group annually assesses whether there is any indication that a previously recognized impairment loss may no longer exist or may have decreased. Should such indications exist, the recoverable amount is estimated. The recoverable amount of an asset is the higher between the fair value of an asset or cash generating unit less costs of sales and its value in use, and is determined for an individual asset unless the asset does not generate any cash inflows that are clearly independent from other assets or groups of assets. In evaluating value in use, estimated future cash flows are discounted using a pre-tax discount rate that reflects current market assessment, the value of money over time and the specific asset risks. Impairment losses from continuing operations are recognized with a debit to profit or loss in the categories of expenses associated with the impaired asset function. For assets other than goodwill, a previously recognized impairment loss is only reversed if there have been changes in the estimates used to determine the asset’s recoverable amount since the last time an impairment loss was recognized. If this is the case, the carrying value of the asset is increased to its recoverable amount. This increased amount cannot exceed the carrying value that would have been determined, net of depreciation, if an asset impairment loss had not been recognized in prior years. This reversal is recognized with a credit to profit or loss. Assets with indefinite lives are assessed for impairment annually. The current value of future cash flows generated by these assets has been estimated given the variation in sales volumes, market prices and costs, discounted with a WACC rate. For December 31, 2021, the WACC rate was 9.90%. |
Description of accounting policy for dividends [text block] | 3.24 M As required by Chilean law and regulations, our dividend policy is decided upon from time to time by our Board of Directors and is announced at the Annual Ordinary Shareholders’ Meeting, which is generally held in April of each year. Shareholder approval of the dividend policy is not required. However, each year the Board must submit the declaration of the final dividend or dividends in respect of the preceding year, consistent with the then-established dividend policy, to the Annual Ordinary Shareholders’ Meeting for approval. As required by the Chilean Companies Act, unless otherwise decided by unanimous vote of the holders of issued shares, we must distribute a cash dividend in an amount equal to at least 30% of our consolidated net income for that year (determined in accordance with CMF regulations), unless and to the extent the Company has a deficit in retained earnings. (See Note 19.5). |
Description of accounting policy for earnings per share [text block] | 3.25 E The basic earnings per share amounts are calculated by dividing the profit for the year attributable to the ordinary owners of the parent by the weighted average number of ordinary shares outstanding during the year. The Company has not conducted any type of operation of potential dilutive effect that would entail the disclosure of diluted earnings per share. |
Description of accounting policy for provisions [text block] | 3.26 O Provisions are recognized when: · The Company has a present, legal or constructive obligation as the result of a past event. · It is more likely than not that certain resources must be used, to settle the obligation. · A reliable estimate can be made of the amount of the obligation. In the event that the provision or a portion of it is reimbursed, the reimbursement is recognized as a separate asset solely if there is certainty of income. In the consolidated statement of income, the expense for any provision is presented net of any reimbursement. Should the effect of the value of money over time be significant, provisions are discounted using a discount rate before tax that reflects the liability’s specific risks. When a discount rate is used, the increase in the provision over time is recognized as a finance cost. The Company’s policy is to maintain provisions to cover risks and expenses based on a better estimate to deal with possible or certain and quantifiable responsibilities from current litigation, compensations or obligations, pending expenses for which the amount has not yet been determined, collaterals and other similar guarantees for which the Company is responsible. These are recorded at the time the responsibility or the obligation that determines the compensation or payment is generated. |
Description of accounting policy for employee benefits [text block] | 3.27 O Obligations towards the Company’s employees comply with the provisions of the collective bargaining agreements in force, which are formalized through collective employment agreements and individual employment contracts, except for the United States, which is regulated in accordance with employment plans in force up to 2002. (See more details in Note 17.4). These obligations are valued using actuarial calculations, according to the projected unit credit method which considers such assumptions as the mortality rate, employee turnover, interest rates, retirement dates, effects related to increases in employees’ salaries, as well as the effects on variations in services derived from variations in the inflation rate. Actuarial gains and losses that may be generated by variations in defined, pre-established obligations are directly recorded in “Other Comprehensive Income”. Actuarial losses and gains have their origin in deviations between the estimate and the actual behavior of actuarial assumptions or in the reformulation of established actuarial assumptions. The Company’s subsidiary SQM North America has established pension plans for its retired employees that are calculated by measuring the projected obligation using a net salary progressive rate net of adjustments for inflation, mortality and turnover assumptions, deducting the resulting amounts at present value. The net balance of this obligation is presented under the “Non-Current Provisions for Employee Benefits” (refer to Note 17.4). |
Description of accounting policy for share-based payment transactions [text block] | 3.28 C Compensation plans implemented through benefits provided in share-based payments settled in cash are recognized in the financial statements at their fair value, in accordance with IFRS 2. Changes in the fair value of options granted are recognized with a charge to payroll in the results for the period (see Note 17.6). |
Description of accounting policy for recognition of revenue [text block] | 3.29 R Revenue includes the fair value of considerations received or receivable for the sale of goods and services during the performance of the Company's activities. Revenue is presented net of value added tax, estimated returns, rebates and discounts and after the elimination of sales among subsidiaries. Revenues are recognized when the specific conditions for each income stream are met, as follows: (a) Sale of goods The sale of goods is recognized when the Company has delivered products to the customer, and there is no obligation pending compliance that could affect the acceptance of products by the customer. The delivery does not occur until products have been shipped to the customer or confirmed as received by the customer, and the related risks of obsolescence and loss have been transferred to the customer and the customer has accepted the products in accordance with the conditions established in the sale, when the acceptance period has ended, or when there is objective evidence that those criteria required for acceptance have been met. Sales are recognized in consideration of the price set in the sales agreement, net of volume discounts and estimated returns at the date of the sale. Volume discounts are evaluated in consideration of annual foreseen purchases and in accordance with the criteria defined in agreements. (b) Sale of services Revenue associated with the rendering of services is recognized considering the degree of completion of the service as of the date of presentation of the consolidated classified statement of financial position, provided that the result from the transaction can be estimated reliably. (c) Income from dividends Income from dividends is recognized when the right to receive the payment is established. |
Description of accounting policy for finance income and costs [text block] | 3.30 F Finance income is mainly composed of interest income from financial instruments such as term deposits and mutual fund deposits. Interest income is recognized in profit or loss at amortized cost, using the effective interest rate method. Finance costs are mainly composed of interest on bank borrowing expenses, interest on bonds issued and interest capitalized for borrowing costs for the acquisition, construction or production or qualifying assets. Borrowing costs and bonds issued are also recognized in profit or loss using the effective interest rate method. |
Description of accounting policy for income tax and deferred taxes [Text Block] | 3.31 C Corporate income tax for the year is determined as the sum of current and deferred income taxes from the different consolidated companies. Current taxes are based on the application of the various types of taxes attributable to taxable income for the period. The Company periodically assesses the positions taken in the determination of taxes with respect to situations in which the applicable tax regulation is subject to interpretation and considers whether it is probable that a tax authority will accept an uncertain tax treatment. The Company measures its tax balances based on the most likely Differences between the book value of assets and liabilities and their tax basis generate the balance of deferred tax assets or liabilities, which are calculated using the tax rates expected to be applicable when the assets and liabilities are realized. In conformity with current tax regulations, the provision for corporate income tax and taxes on mining activity is recognized on an accrual basis, presenting the net balances of accumulated monthly tax provisional payments for the fiscal period and associated credits. The balances of these accounts are presented in current income taxes recoverable or current taxes payable, as applicable. Income tax and variations in deferred tax assets or liabilities that are not the result of business combinations are recorded in income or equity, considering the origin of the gains or losses which have generated them. At each reporting period, the carrying amount of deferred tax assets is reviewed and recognized only if it is probable that future taxable amounts will be available to allow the recovery of all or a portion of the deferred tax assets. With respect to deductible temporary differences associated with investments in subsidiaries, associated companies and interest in joint ventures, deferred tax assets are recognized solely provided that it is more likely than not that the temporary differences will be reversed in the near future and that there will be taxable income with which they may be used. The deferred taxes related to items directly recognized in equity is registered with effect on other comprehensive income and not with effect on income. Deferred tax assets and liabilities are offset if there is a legally receivable right of offsetting tax assets against tax liabilities and the deferred tax is related to the same tax entity and authority. The recognized deferred tax assets refer to the amount of income tax to recover in future periods, related to: a) deductible temporary differences; b) compensation for losses obtained in prior periods, which have not yet been subject to tax deduction; and c) compensation for unused credits from prior periods. The Company recognizes deferred tax assets when it has the certainty that they can be offset with tax income from subsequent periods, unused tax losses or credits to date, but only when this availability of future tax income is probable and can be used for offsetting these unused tax losses or credits. The recognized deferred tax liabilities refer to the amount of income tax to pay in a future period, related to taxable temporary differences. The Company does not recognize deferred tax liabilities in all cases of taxable temporary differences associated with investments in subsidiaries, branches and associates, or with joint ventures, because based on the standard, the two following conditions both apply: (i) the parent company, investor or shareholder is capable of controlling the moment of the reversal of temporary differences; and (ii) it is probable that the temporary difference will not be reversed in the foreseeable future. Moreover, the Company does not recognize deferred tax assets for all the deductible temporary differences that originate from investments in subsidiaries, branches and associates, or from joint ventures, because it is unlikely that they meet the following requirements: (i) temporary differences are reversed in the foreseeable future; and (ii) there is taxable profit available against which temporary differences can be used. |
Description of accounting policy for segment reporting [text block] | 3.32 O IFRS 8 requires that companies adopt a management approach to disclose information on the operations generated by its operating segments. In general, this is the information that management uses internally for the evaluation of segment performance and making the decision on how to allocate resources for this purpose. An operating segment is a group of assets and operations responsible for providing products or services subject to risks and performance that are different from those of other business segments. A geographical segment is responsible for providing products or services in a given economic environment subject to risks and performance that are different from those of other segments operating in other economic environments. Allocation of assets and liabilities, to each segment is not possible given that these are associated with more than one segment, except for depreciation, amortization and impairment of assets, which are directly allocated in accordance with the criteria established in the costing process for product inventories to the corresponding segments. |
Description of accounting policy for responsibility for information and estimates made [Text Block] | 3.33 P Management is responsible for the information contained in these consolidated annual accounts, which expressly indicate that all the principles and criteria included in IFRS, as issued by the IASB, have been applied in full. In preparing the consolidated financial statements of the Company and its subsidiaries, management has made significant judgments and estimates to quantify certain assets, liabilities, revenues, expenses and commitments included therein. Basically, these estimates refer to: · Estimated useful lives are determined based on current facts and past experience and take into consideration the expected physical life of the asset, the potential for technological obsolescence, and regulations. (See Notes 3.20, 14 and 15). · Impairment losses of certain assets - Goodwill and intangible assets that have an indefinite useful life are not amortized and are assessed for impairment on an annual basis, or more frequently if the events or changes in circumstances indicate that these may have deteriorated Other assets, including property, plant and equipment, exploration assets, goodwill and intangible assets are reviewed for impairment whenever events or changes in circumstances indicate that their carrying amounts exceed their recoverable amounts. If an impairment assessment is required, the assessment of fair value or value in use often requires estimates and assumptions such as discount rates, exchange rates, commodity prices, future capital requirements and future operating performance. Changes in such estimates could impact the recoverable values of these assets. Estimates are reviewed regularly by management (See Notes 14 and 15). · Assumptions used in calculating the actuarial amount of pension-related and severance indemnity payment benefit commitments (See Note 17). · Contingencies – The amount recognized as a provision, including legal, contractual, constructive and other exposures or obligations, is the best estimate of the consideration required to settle the related liability, including any related interest charges, considering the risks and uncertainties surrounding the obligation. In addition, contingencies will only be resolved when one or more future events occur or fail to occur. Therefore, the assessment of contingencies inherently involves the exercise of significant judgment and estimates of the outcome of future events. The Company assesses its liabilities and contingencies based upon the best information available, relevant tax laws and other appropriate requirements (See Note 20). If the Company is unable to rationally estimate the obligation or concluded no loss is probable but it is reasonably possible that a loss may be incurred, no provision is recorded but disclosed in the notes to the consolidated financial statements. · Volume determination for certain in-process and finished products is based on topographical measurements and technical studies that cover the different variables (density for bulk inventories and density and porosity for the remaining stock, among others), and related allowance. · Estimates for obsolescence provisions to ensure that the carrying value of inventory is not in excess of the net realizable Inventory valuation. (See Note 10). Even though these estimates have been made on the basis of the best information available on the date of preparation of these consolidated financial statements, certain events may occur in the future and oblige their amendment (upwards or downwards) over the next few years, which would be made prospectively. |
Identification and Activities_2
Identification and Activities of the Company and Subsidiaries (Tables) | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure of Identification and Activities of the Company and Subsidiaries [Abstract] | |
Disclosure of information about employees [text block] | As of December 31, 2021, and 2020, the workforce was as follows: As of December 31, 2021 As of December 31, 2020 Employees SQM S.A. Other Total SQM S.A. Other Total Executives 33 103 136 33 93 126 Professionals 117 1,639 1,756 108 1,696 1,804 Technicians and operators 275 3,914 4,189 267 3,310 3,577 Overall total 425 5,656 6,081 408 5,099 5,507 As of December 31, 2021 As of December 31, 2020 Place of work SQM S.A. Other Total SQM S.A. Other Total In Chile 425 5,246 5,671 408 4,672 5,080 Outside Chile - 410 410 - 427 427 Overall total 425 5,656 6,081 408 5,099 5,507 |
Schedule of Shareholders stock and Ownership Percentage [Text Block] | The following information is derived from our registry and reports managed by the DCV and informed to the CMF and the Chilean Stock Exchange: Shareholders as of December 31, 2021 No. of Series A % of Series A No. of Series B % of Series B % of total The Bank of New York Mellon, ADRs - - 67,603,420 47.34 % 23.67 % Inversiones TLC SpA (1) 62,556,568 43.80 % - - 21.90 % Sociedad de Inversiones Pampa Calichera S.A. (2) 44,989,231 31.50 % - - 15.75 % Potasios de Chile S.A. 18,179,147 12.73 % - - 6.36 % Banco de Chile via State Street 23,428 0.02 % 9,178,379 6.43 % 3.22 % Banco Santander via foreign investor accounts - - 8,856,091 6.20 % 3.10 % Inv. Global Mining (Chile) Ltda. 8,798,539 6.16 % - - 3.08 % Banco de Chile non-resident third party accounts 445 - 7,939,865 5.56 % 2.78 % Banco de Chile via Citi NA New York Clients 67,463 0.05 % 4,795,310 3.36 % 1.70 % Inversiones la Esperanza de Chile Limitada 4,246,226 2.97 % - - 1.49 % Larraín Vial S.A. Corredora de Bolsa 125,726 0.09 % 3,653,614 2.56 % 1.32 % AFP Habitat S.A. for Pension Fund C - - 2,914,292 2.04 % 1.02 % Shareholders as of December 31, 2020 No. of Series A % of Series A No. of Series B % of Series B % of total Inversiones TLC SpA (1) 62,556,568 43.80 % - - 23.77 % The Bank of New York Mellon, ADRs - - 50,792,452 42.19 % 19.30 % Sociedad de Inversiones Pampa Calichera S.A. (2) 44,894,152 31.43 % 922,971 0.77 % 17.41 % Potasios de Chile S.A. 18,179,147 12.73 % - - 6.91 % Inversiones Global Mining (Chile) Limitada 8,798,539 6.16 % - - 3.34 % Euroamerica C de B S. A. 1,418 - 8,788,517 7.30 % 3.34 % Banco Santander via foreign investor accounts - - 7,294,827 6.06 % 2.77 % Banco de Chile via State Street - - 6,971,782 5.79 % 2.65 % Banco de Chile non-resident third party accounts - - 6,129,339 5.09 % 2.33 % Inversiones la Esperanza de Chile Limitada 4,147,263 2.90 % 46,500 0.04 % 1.59 % Banchile Corredora de Bolsa S. A. 459,202 0.32 % 2,426,758 2.02 % 1.10 % Banco de Chile on behalf of Citibank NA New York customers 177,463 0.12 % 1,732,249 1.44 % 0.73 % |
Basis of presentation for the_2
Basis of presentation for the consolidated financial statements (Tables) | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure of Basis of presentation for the consolidated financial statements [Abstract] | |
Disclosure Of Detailed Information About Subsidiaries | Ownership Interest Subsidiaries TAX ID No. Address Country of Functional Direct Indirect Total SQM Nitratos S.A. 96.592.190-7 El Trovador 4285, Las Condes Chile Dollar 99.9999 0.0001 100.0000 SQM Potasio S.A. 96.651.060-9 El Trovador 4285, Las Condes Chile Dollar 99.9999 - 100.0000 Serv. Integrales de Tránsito y Transf. S.A. 79.770.780-5 Arturo Prat 1060, Tocopilla Chile Dollar 0.0003 99.9997 100.0000 Isapre Norte Grande Ltda. 79.906.120-1 Anibal Pinto 3228, Antofagasta Chile Peso 1.0000 99.0000 100.0000 Ajay SQM Chile S.A. 96.592.180-K Av. Pdte. Eduardo Frei 4900, Santiago Chile Dollar 51.0000 - 51.0000 Almacenes y Depósitos Ltda. 79.876.080-7 El Trovador 4285, Las Condes Chile Peso 1.0000 99.0000 100.0000 SQM Salar S.A. 79.626.800-K El Trovador 4285, Las Condes Chile Dollar 18.1800 81.8200 100.0000 SQM Industrial S.A. 79.947.100-0 El Trovador 4285, Las Condes Chile Dollar 99.0470 0.9530 100.0000 Exploraciones Mineras S.A. 76.425.380-9 El Trovador 4285, Las Condes Chile Dollar 0.2691 99.7309 100.0000 Sociedad Prestadora de Servicios de Salud Cruz del Norte S.A. 76.534.490-5 Anibal Pinto 3228, Antofagasta Chile Peso - 100.0000 100.0000 Soquimich Comercial S.A. 79.768.170-9 El Trovador 4285, Las Condes Chile Dollar - 60.6383 60.6383 Comercial Agrorama Ltda. (1) 76.064.419-6 El Trovador 4285, Las Condes Chile Peso - 70.0000 70.0000 Comercial Hydro S.A. 96.801.610-5 El Trovador 4285, Las Condes Chile Dollar - 100.0000 100.0000 Agrorama S.A. 76.145.229-0 El Trovador 4285, Las Condes Chile Peso - 100.0000 100.0000 Orcoma Estudios SPA 76.359.919-1 Apoquindo 3721 OF 131, Las Condes Chile Dollar 100.0000 - 100.0000 Orcoma SPA 76.360.575-2 Apoquindo 3721 OF 131, Las Condes Chile Dollar 100.0000 - 100.0000 SQM MaG SpA 76.686.311-9 Los Militares 4290, Las Condes Chile Dollar - 100.000 100.0000 Sociedad Contractual Minera Búfalo 77.114.779-8 Los Militares 4290, Las Condes Chile Dollar 99.9000 0.1000 100.0000 SQM North America Corp. Foreign 2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta, GA United States of America Dollar 40.0000 60.0000 100.0000 RS Agro Chemical Trading Corporation A.V.V. Foreign Caya Ernesto O. Petronia 17, Orangestad Aruba Dollar 98.3333 1.6667 100.0000 Nitratos Naturais do Chile Ltda. Foreign Al. Tocantis 75, 6° Andar, Conunto 608 Edif. West Gate, Alphaville Barureri, CEP 06455-020, Sao Paulo Brazil Dollar - 100.0000 100.0000 SQM Corporation N.V. Foreign Pietermaai 123, P.O. Box 897, Willemstad, Curacao Curacao Dollar 0.0002 99.9998 100.0000 SQM Perú S.A. Foreign Avenida Camino Real N° 348 of. 702, San Isidro, Lima Peru Dollar 0.0091 99.9909 100.0000 SQM Ecuador S.A. Foreign Av. José Orrantia y Av. Juan Tanca Marengo Edificio Executive Center Piso 2 Oficina 211 Ecuador Dollar 0.00401 99.9960 100.0000 SQM Brasil Ltda. Foreign Al. Tocantis 75, 6° Andar, Conunto 608 Edif. West Gate, Alphaville Barureri, CEP 06455-020, Sao Paulo Brazil Dollar 0.7100 99.2900 100.0000 SQMC Holding Corporation. Foreign 2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta United States of America Dollar 0.1000 99.9000 100.0000 SQM Japan Co. Ltd. Foreign From 1st Bldg 207, 5-3-10 Minami- Aoyama, Minato-ku, Tokyo Japan Dollar 0.1597 99.8403 100.0000 (1) SQM controls Soquimich Comercial, which in turn controls Comercial Agrorama Ltda, SQM has management control over Comercial Agrorama Ltda. Ownership Interest Subsidiaries TAX ID No. Address Country of Functional Direct Indirect Total SQM Europe N.V. Foreign Houtdok-Noordkaai 25a B-2030 Amberes Belgium Dollar 0.5800 99.4200 100.0000 SQM Indonesia S.A. Foreign Perumahan Bumi Dirgantara Permai, Jl Suryadarma Blok Aw No 15 Rt 01/09 17436 Jatisari Pondok Gede Indonesia Dollar - 80.0000 80.0000 North American Trading Company Foreign 2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta, GA United States of America Dollar - 100.0000 100.0000 SQM Virginia LLC Foreign 2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta, GA United States of America Dollar - 100.0000 100.0000 SQM Comercial de México S.A. de C.V. Foreign Av. Moctezuma 144-4 Ciudad del Sol CP 45050, Zapopan, Jalisco México Mexico Dollar 0.0100 99.9900 100.0000 SQM Investment Corporation N.V. Foreign Pietermaai 123, P.O. Box 897, Willemstad, Curacao Curacao Dollar 1.0000 99.0000 100.0000 Royal Seed Trading Corporation A.V.V. Foreign Caya Ernesto O. Petronia 17, Orangestad Aruba Dollar 1.6700 98.3300 100.0000 SQM Lithium Specialties Limited Partnership Foreign 2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta, GA United States of America Dollar - 100.0000 100.0000 Comercial Caimán Internacional S.A. Foreign Edificio Plaza Bancomer Panama Dollar - 100.0000 100.0000 SQM France S.A. Foreign ZAC des Pommiers 27930, FAUVILLE France Dollar - 100.0000 100.0000 Administración y Servicios Santiago S.A. de C.V. Foreign Av. Moctezuma 144-4 Ciudad del Sol CP 45050, Zapopan, Jalisco México Mexico Dollar - 100.0000 100.0000 SQM Nitratos México S.A. de C.V. Foreign Av. Moctezuma 144-4 Ciudad del Sol CP 45050, Zapopan, Jalisco México Mexico Dollar - 100.0000 100.0000 Soquimich European Holding B.V. Foreign Loacalellikade 1 Parnassustoren 1076 AZ Amsterdan Holland Dollar - 100.0000 100.0000 SQM Iberian S.A. Foreign Provenza 251 Principal 1a CP 08008, Barcelona Spain Dollar - 100.0000 100.0000 SQM Africa Pty Ltd. Foreign Tramore House, 3 Waterford Office Park, Waterford Drive, 2191 Fourways, Johannesburg South Africa Dollar - 100.0000 100.0000 SQM Oceanía Pty Ltd. Foreign Level 9, 50 Park Street, Sydney NSW 2000, Sydney Australia Dollar - 100.0000 100.0000 SQM Beijing Commercial Co. Ltd. Foreign Room 1001C, CBD International Mansion N 16 Yong An Dong Li, Jian Wai Ave Beijing 100022, P.R. China Dollar - 100.0000 100.0000 SQM Thailand Limited Foreign Unit 2962, Level 29, N° 388, Exchange Tower Sukhumvit Road, Klongtoey Bangkok Thailand Dollar - 99.9960 99.9960 SQM Colombia SAS Foreign Cra 7 No 32 – 33 piso 29 Pbx: (571) 3384904 Fax: (571) 3384905 Bogotá D.C. – Colombia. Colombia Dollar - 100.0000 100.0000 SQM Australia PTY Foreign Level 16, 201 Elizabeth Street Sydney Australia Dollar - 100.0000 100.0000 SQM International N.V. Foreign Houtdok-Noordkaai 25a B-2030 Amberes Belgium Dollar 0.5800 99.4200 100.0000 SQM (Shanghai) Chemicals Co. Ltd. Foreign Room 4703-33, 47F, No.300 Middle Huaihai Road, Huangpu district, Shanghai China Dollar - 100.0000 100.0000 SQM Korea LLC Foreign Suite 22, Kyobo Building, 15th Floor, 1 Jongno Jongno-gu, Seoul, 03154 South Korea Korea Dollar - 100.0000 100.0000 SQM Holland B.V. Foreign Herikerbergweg 238, 1101 CM Amsterdam Zuidoost Holland Dollar - 100.0000 100.0000 |
Significant accounting polici_3
Significant accounting policies (Tables) | 12 Months Ended |
Dec. 31, 2021 | |
Significant accounting policies [Abstract] | |
Disclosure of foreign exchange rates used o translate monetary items [Text Block] | The main exchange rates and UF used to translate monetary assets and liabilities, expressed in foreign currency at the end and average of each period in respect to U.S. dollars, are as follows: Closing exchange rates Average exchange rates Currencies As of December 31, 2021 As of December 31, As of December 31, 2021 As of December 31, ThUS$ ThUS$ ThUS$ ThUS$ Brazilian real 5.57 5.18 5.66 5.14 New Peruvian sol 3.99 3.62 4.04 3.60 Japanese yen 115.18 103.30 113.87 103.81 Euro 0.88 0.81 0.88 0.82 Mexican peso 20.54 19.93 20.90 19.97 Australian dollar 1.38 1.30 1.40 1.33 Pound Sterling 0.74 0.74 0.75 0.74 South African rand 15.94 14.61 15.88 14.88 Chilean peso 844.69 710.95 849.46 731.92 Chinese yuan 6.38 6.51 6.37 6.53 Indian rupee 74.42 73.30 75.40 73.65 Thai Baht 33.32 29.94 33.55 30.08 Turkish lira 13.28 7.36 13.54 7.70 UF (*) 36.69 40.89 36.48 39.73 (*) US$ per UF |
Disclosure of useful lives of property, plant and equipment [Text Block] | The useful lives used for the depreciation and amortization of assets included in property, plant and equipment in years are presented below: Classes of property, plant and equipment Minimum life or Maximum life or Life or average rate Mining assets 3 10 7 Energy generating assets 3 16 9 Buildings 3 25 14 Supplies and accessories 2 10 7 Office equipment 5 10 9 Transport equipment 5 9 7 Network and communication equipment 4 10 5 IT equipment 4 11 7 Machinery, plant and equipment 2 25 13 Other fixed assets 3 20 10 |
Financial risk management (Tabl
Financial risk management (Tables) | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure Of Financial Risk Management Explanatory [Abstract] | |
Disclosure of credit risk exposure [text block] | The credit quality of financial assets that are not past due or impaired can be evaluated by reference to external credit ratings (if they are available) or historical information on counterparty late payment rates: Financial institution Financial assets Rating As of December 31, 2021 Moody´s S&P Fitch ThUS$ Banco crédito e Inversiones Time deposits P-1 A-2 F2- 9,752 Banco Itaú Corpbanca Time deposits P-2 A-2 - 8,001 Banco Santander – Santiago Time deposits P-1 A-2 - 9,052 Scotiabank Sud Americano Time deposits P-1 A-1 F1+ 10,750 Other banks Time deposits - - F1+ 200,100 JP Morgan US dollar Liquidity Fund Institutional Investment fund Aaa-mf AAAm AAAmmf 381,297 Legg Mason - Western Asset Institutional cash reserves Investment fund - AAAm AAAmmf 233,648 Total 852,600 F-46 Notes to the Consolidated Financial Statements Financial institution Financial assets Rating As of December 31, 2021 Moody´s S&P Fitch ThUS$ Bancocrédito e Inversiones Time deposits P-1 A-2 - 34,325 Banco Itaú Corpbanca Time deposits P-2 A-2 - 195,471 Banco Santander – Santiago Time deposits P-1 A-2 - 65,899 Scotiabank Sud Americano Time deposits P-1 A-1 F1+ 289,421 Sumitomo Mitsui Banking Time deposits P-1 - F1 320,054 Total 905,170 Financial institution Financial assets Rating As of Moody´s S&P Fitch ThUS$ Banco créditoe Inversiones Time deposits P-1 A-1 - 9,002 Banco de Chile Time deposits P-1 A-1 - 10,503 Banco Estado Time deposits P-1 A-1 - 1,001 Banco Itaú Corpbanca Time deposits P-2 A-2 - 7,299 Banco Santander – Santiago Time deposits P-1 A-1 - 16,702 Scotiabank Sud Americano Time deposits - - F1+ 7,002 JP Morgan US dollar Liquidity Fund Institutional Investment fund Aaa-mf AAAm AAAmmf 102,753 Legg Mason - Western Asset Institutional cash reserves Investment fund - AAAm AAAmmf 107,625 Other banks with lower balances Time deposits - - - 86 Total 261,973 Financial institution Financial assets Rating As of Moody´s S&P Fitch ThUS$ Banco de crédito e Inversiones Time deposits P-1 A-1 - 185,589 Banco Itaú Corpbanca Time deposits P-2 A-2 - 49,006 Banco Santander – Santiago Time deposits P-1 A-1 - 45,168 Banco Scotiabank Sud Americano Time deposits - - F1+ 31,668 JP Morgan Asset Management Investment fund P-1 A-1 N1+ 34,028 Total 345,459 Financial institution Financial assets Rating As of Moody´s S&P Fitch ThUS$ Agricultural Bank of China Bank notes + - - 860 Bank of China Limited Bank notes + - - 4,167 Bank of Communications Bank notes + - - 7,422 China CITIC Bank Corp Ltd Bank notes ++ - - 2,623 China Construction Bank Corporation Bank notes + - - 7,122 China Everbright Bank Co. Ltd Bank notes ++ - - 6,569 China Merchants Bank Bank notes + - - 22,628 China Minsheng Bank Corporation Bank notes - - ++ 784 Industrial & Commercial Bank of China Limited Bank notes + - - 353 Industrial Bank Bank notes + - - 6,615 Ping An Bank Bank notes ++ - - 8,391 Shanghai Pudong Development Bank Co. Ltd Bank notes ++ - - 7,905 China Development Bank Bank notes - - + 16,807 Postal Savings Bank of China Bank notes - + - 4,718 KEB Hana Bank (China) Bank notes + - - 1,121 Total 98,085 (+) (++) |
Disclosure of cash and cash equivalents of cashflows [Text Block] | The position in other cash and cash equivalents are invested in highly liquid mutual funds with an AAA risk rating. Nature of undiscounted cash flows As of December 31, 2021 (figures expressed in millions of US dollars) Carrying Less than 1 year 1 to 5 years Over 5 years Total Bank borrowings 70.08 1.05 70.64 - 71.69 Unsecured obligations 2,518.64 108.06 924.03 2,980.91 4,013.00 Sub total 2,588.72 109.11 994.67 2,980.91 4,084.69 Hedging liabilities 85.25 12.38 31.58 39.70 83.66 Derivative financial instruments 1.67 1.67 - - 1.67 Sub total 86.92 14.05 31.58 39.70 85.33 Current and non-current lease liabilities 54.22 8.88 30.97 29.08 68,9 Trade accounts payable and other accounts payable 279.65 279.65 - - 279.65 Total 3,009.51 411.69 1,057.22 3,049.69 4,518.60 Nature of undiscounted cash flows As of December 31, 2020 (figures expressed in millions of US dollars) Carrying Less than 1 year 1 to 5 years Over 5 years Total Bank borrowings 70.08 0.94 71.40 - 72.34 Unsecured obligations 1,872.09 88.22 927.17 1,727.14 2,742.53 Sub total 1,942.17 89.16 998.57 1,727.14 2,814.87 Hedging liabilities 40.21 6.06 12.34 11.07 29.47 Derivative financial instruments 5.39 5.39 - - 5.39 Sub total 45.60 11.45 12.34 11.07 34.86 Current and non-current lease liabilities 31.07 6.40 21.04 7.17 34.61 Trade accounts payable and other accounts payable 203.93 203.93 - - 203.93 Total 2,222.77 310.94 1,031.95 1,745.38 3,088.27 |
Disclosure of derivative contracts of asset [text block] | These derivative contracts are held with domestic and foreign banks, which have the following credit ratings. Financial institution Financial assets Rating Moody´s S&P Fitch Banco Estado Derivative P-1 A-1 - Merrill Lynch International Derivative - A+ AA Banco Itaú-Corpbanca Derivative P-2 A-2 - JP Morgan Derivative Aa2 A+ AA Morgan Stanley Derivative A+ BBB+ A The Bank of Nova Scotia Derivative A A- AA- |
Separate information on the m_2
Separate information on the main office, parent entity and joint action agreements (Tables) | 12 Months Ended |
Dec. 31, 2021 | |
Separate Information On The Main Office Parent Entity And Joint Action Agreements [Abstract] | |
Disclosure of Parent's stand-alone assets and liabilities [Text Block] | 5.1 P Parent’s stand-alone assets and liabilities As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Assets 5,988,757 4,171,768 Liabilities (2,807,237 ) (2,048,683 ) Equity 3,181,520 2,123,085 |
Board of Directors, Senior Ma_2
Board of Directors, Senior Management and Key management personnel (Tables) | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure of information about Board of Directors Senior Management and Key management personnel [Abstract] | |
Disclosure of information about key management personnel [text block] | As of December 31, 2021, and 2020, the number of the key management personnel is 127 and 126, respectively. Key management personnel compensation For the year ended 2021 For the year ended 2020 For the year ended 2019 ThUS$ ThUS$ ThUS$ Key management personnel compensation 31,560 23,770 22,598 |
Equity-accounted investees (Tab
Equity-accounted investees (Tables) | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure Of Equity-accounted investees [Abstract] | |
Disclosure of associates [text block] | Equity-accounted investees Share in profit (loss) of associates Share in other comprehensive income of Share in total comprehensive income of Associate As of As of As of Fort the year Fort the year Fort the year Fort the year Fort the year Fort the year Fort the year ended Fort the year Fort the year ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Abu Dhabi Fertilizer Industries WWL - 11,505 11,609 - (156 ) 634 - - 1 - (156 ) 635 Doktor Tarsa Tarim Sanayi AS (*) - - 26,001 - 4,031 3,912 - - 198 - 4,031 4,110 Ajay North America 15,899 14,468 14,669 2,802 2,191 2,871 - - - 2,802 2,191 2,871 Ajay Europe SARL 8,213 7,875 7,451 1,852 1,029 1,165 360 756 (179 ) 2,212 1,785 986 SQM Eastmed Turkey (*) - - 623 - 247 354 - - (42 ) - 247 312 Kore Potash PLC (**) - 26,175 24,739 - (224 ) (534 ) - (374 ) (549 ) - (598 ) (1,083 ) Total 24,112 60,023 85,092 4,654 7,118 8,402 360 382 (571 ) 5,014 7,500 7,831 (*) These investments were disposed of in 2020 (**) For more details, see Note 7.3 (a). |
Disclosure of interests in associates [text block] | Dividends received for the year ending Associate Description of the nature of the relationship Address Country of Share of December 31, December 31, December 31, ThUS$ ThUS$ ThUS$ Abu Dhabi Fertilizer Industries WWL Distribution and commercialization of specialty plant nutrients in the Middle East. PO Box 71871, Abu Dhabi United Arab Emirates 37 % 9,438 - - Ajay North America Production and distribution of iodine and iodine derivatives. 1400 Industry RD Power Springs GA 30129 United States of North America 49 % 1,233 1,967 2,796 Ajay Europe SARL Production and distribution of iodine and iodine derivatives. Z.I. du Grand Verger BP 227 53602 Evron Cedex France 50 % 992 1,197 1,055 Kore Potash Ltd Prospecting, exploration and mining development L 3 88 William ST Perth, was 6000 United Kingdom 14.65 % - - - Doktor Tarsa Tarim Sanayi AS Distribution and commercialization of specialty plant nutrients in the Turkey. Organize Sanayi Bolgesi, Ikinci Kisim, 22 cadde TR07100 Antalya Turkey 50 % SQM Eastmed Turkey Production and trading of specialty products. Organize Sanayi Bolgesi, Ikinci Kisim, 22 cadde TR07100 Antalya Turkey 50 % - - - Total 11,663 3,164 3,851 |
Disclosure of Detailed Informatin on Summarized Financial Information of Associates Explanatory [Text Block] | As of December 31, 2021 For the year ended as of December 31, 2021 Assets Liabilities Other Associate Current Non-current Current Non-current Revenue Net gain (loss) comprehensive Comprehensive ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Ajay North America 21,771 15,096 4,421 - 47,375 5,718 - 5,718 Ajay Europe SARL 25,927 1,241 10,742 - 48,409 3,705 (34 ) 3,671 Total 47,698 16,337 15,163 - 95,784 9,423 (34 ) 9,389 As of December 31, 2020 For the year ended as of December 31, 2020 Assets Liabilities Other Associate Current Non-current Current Non-current Revenue Net gain (loss) comprehensive Comprehensive ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Abu Dhabi Fertilizer Industries WWL 29,313 8,586 6,706 101 6,641 (420 ) - (420 ) Ajay North America 18,513 15,749 4,737 - 42,920 4,471 - 4,471 Ajay Europe SARL 22,032 1,493 7,773 - 41,950 2,058 1,736 3,794 Kore Potash PLC 5,691 124,112 786 - - (3,233 ) 486 (2,747 ) Total 75,549 149,940 20,002 101 91,511 2,876 2,222 5,098 As of December 31, 2019 For the year ended as of December 31, 2019 Assets Liabilities Other Associate Current Non-current Current Non-current Revenue Net gain (loss) comprehensive Comprehensive ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Abu Dhabi Fertilizer Industries WWL 28,543 9,971 7,133 - 31,588 1,713 4 1,717 Doktor Tarsa Tarim Sanayi AS 97,797 15,196 22,420 38,522 93,768 7,824 396 8,220 Ajay North America 19,748 13,250 3,061 - 38,833 5,860 - 5,860 Ajay Europe SARL 19,589 1,456 6,144 - 35,709 2,329 (358 ) 1,971 SQM Eastmed Turkey 2,718 1,833 2,600 704 3,086 709 (84 ) 625 Kore Potash PLC 7,938 119,362 2,214 - - (2,716 ) (2,791 ) (5,507 ) Total 176,333 161,068 43,572 39,226 202,984 15,719 (2,833 ) 12,886 |
Joint Ventures (Tables)
Joint Ventures (Tables) | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure Of Joint Ventures Explanatory [Abstract] | |
Disclosure of reconciliation of summarised financial information of joint venture accounted for using equity method to carrying amount of interest in joint venture [text block] | Equity-accounted investees Share in profit (loss) of joint ventures Joint Venture As of As of As of For the year ended For the year ended For the year ended ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Coromandel SQM India (*) - - 1,568 - - (98 ) SQM Vitas Fzco. 8,682 9,720 9,111 6,304 2,010 1,797 SQM Qingdao Star Corp Nutrition Co. Ltd. (*) - - 3,464 - 83 296 SQM Vitas B.V. - - 1,304 - - (15 ) Pavoni & C. Spa 7,030 7,222 6,864 174 9 36 Covalent Lithium Pty Ltd. (**) - - 40 - - - Sichuan SQM Migao Chemical Fertilizers Co Ltd. - 9,028 1,992 - (280 ) (632 ) Total 15,712 25,970 24,343 6,478 1,822 1,384 Share on other comprehensive income joint ventures Share on total comprehensive income of joint ventures Joint Venture For the year ended For the year ended For the year ended For the year ended For the year ended For the year ended ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Coromandel SQM India (*) - - (38 ) - - (136 ) SQM Vitas Fzco. 429 (1,469 ) 437 6,733 541 2,234 SQM Qingdao Star Corp Nutrition Co. Ltd. (*) - - - - 83 296 SQM Vitas B.V. - - (27 ) - - (42 ) Pavoni & C. Spa (317 ) 349 (255 ) (143 ) 358 (219 ) Covalent Lithium Pty Ltd. (**) 37 16 (13 ) 37 16 (13 ) Sichuan SQM Migao Chemical Fertilizers Co Ltd. - - - - (280 ) (632 ) Total 149 (1,104 ) 104 6,627 718 1,488 (*) These investments were disposed of in 2020 (**) See more details in Note 8.4 (a). The amounts described in the following box represent numbers used in the consolidation of the company: Equity-accounted investees Share in profit (loss) of joint ventures accounted for using the Joint Venture As of As of As of For the year ended For the year ended For the year ended ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Vitas Brasil Agroindustria (1) - 3,511 5,347 4,582 1,018 564 SQM Vitas Perú S.A.C. (1) 4,681 1,659 1,955 1,645 660 211 Arpa Speciali S.R.L. - - 92 - - 31 Total 4,681 5,170 7,394 6,227 1,678 806 Share on other comprehensive income of joint ventures Share on total comprehensive income of joint ventures Joint Venture For the year ended For the year ended For the year ended For the year ended For the year ended For the year ended ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Vitas Brasil Agroindustria (1) (429 ) (1,469 ) (225 ) 4,153 (451 ) 339 SQM Vitas Perú S.A.C. (1) - - 661 1,645 660 872 Arpa Speciali S.R.L. - - (1 ) - - 30 Total (429 ) (1,469 ) 435 5,798 209 1,241 The companies are subsidiaries of: SQM Vitas Fzco. |
Disclosure of detailed information about investments in joint ventures [Text Block] | Dividends received for the year ending Joint venture Description of the nature of the relationship Domicile Country of Share of December 31, December 31, December 31, ThUS$ ThUS$ ThUS$ Sichuan SQM Migao Chemical Fertilizers Co Ltd. Production and distribution of soluble fertilizers. Huangjing Road, Dawan Town, Qingbaijiang Dristrict, Chengdu Municipality, Sichuan Province China 50 % - - - Coromandel SQM India Production and distribution of potassium nitrate. 1-2-10, Sardar Patel Road, Secunderabad – 500003 Andhra Pradesh India 50 % - - - SQM Vitas Fzco. Production and commercialization of specialty plant, animal nutrition and industrial hygiene. Jebel ALI Free Zone P.O. Box 18222, Dubai United Arab Emirates 50 % - - 10,598 SQM Qingdao Star Corp Nutrition Co. Ltd. Production and distribution of nutrient plant solutions with specialties NPK soluble. Longquan Town, Jimo City, Qingdao Municipality, Shangdong Province China 50 % - 2,223 - Pavoni & C. Spa Production of specialty fertilizers and others for distribution in Italy and other countries. Corso Italia 172, 95129 Catania (CT), Sicilia Italy 50 % - - - Covalent Lithium Pty Ltd. Development and operation of the Mt. Holland Lithium project, which will include the construction of a lithium extraction and refining mine. L18, 109 St Georges Tce Perth WA 6000 |PO Box Z5200 St Georges Tce Perth WA 6831 Australia 50 % - - - Total - 2,223 10,598 The companies described in the following table are related to the following joint ventures: (1) SQM Vitas Fzco. (2) Pavoni & C. Spa. Dividends received for the year ending Joint venture Description of the nature of the relationship Domicile Country of Share of December 31, December 31, December 31, ThUS$ ThUS$ ThUS$ SQM Vitas Brasil Agroindustria (1) Production and trading of specialty vegetable and animal nutrition and industrial hygiene. Via Cndeias, Km. 01 Sem Numero, Lote 4, Bairro Cia Norte, Candeias, Bahia. Brazil 49.99 % - - - SQM Vitas Perú S.A.C. (1) Production and trading of specialty vegetable and animal nutrition and industrial hygiene Av. Juan de Arona 187, Torre B, Oficina 301-II, San Isidro, Lima Peru 50 % - - - Arpa Speciali S.R.L. (2) Production of specialty fertilizers and others for distribution in Italy and other countries. Mantova (MN) Via Cremona 27 Int. 25 Italy 50.48 % - - - Total - - - (*) The percentages presented correspond to the ownership used in the consolidation of the company. |
Disclosure of assets,liabilities,revenue and expenses from joint venure explanatory [Text Block] | As of December 31, 2021 For the year ended December 31, 2021 Assets Liabilities Other Joint Venture Current Non-current Current Non-current Revenue Net gain (loss) comprehensive Comprehensive ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Vitas Fzco. 9,606 20,206 215 - - 12,608 - 12,608 SQM Vitas Brasil Agroindustria 73,500 4,846 68,794 - 103,335 9,165 (858 ) 8,307 SQM Vitas Perú S.A.C. 28,610 7,347 24,473 828 48,128 3,289 - 3,289 Pavoni & C. Spa 12,885 6,714 11,226 725 19,599 347 (634 ) (287 ) Covalent Lithium Pty Ltd. 3,904 2,636 7,498 1,489 - (864 ) 74 (790 ) Total 128,505 41,749 112,206 3,042 171,062 24,545 (1,418 ) 23,127 As of December 31, 2020 For the year ended December 31, 2020 Assets Liabilities Other Joint Venture Current Non-current Current Non-current Revenue Net gain (loss) comprehensive Comprehensive ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Sichuan SQM Migao Chemical Fertilizers Co Ltd. 29,507 4,412 14,156 - 9 (562 ) - (562 ) SQM Vitas Fzco. (496 ) 20,431 496 - - 4,019 - 4,019 SQM Vitas Brasil Agroindustria 40,064 5,527 33,410 - 78,960 2,036 (2,938 ) (902 ) SQM Vitas Perú S.A.C. 34,548 7,928 33,145 1,080 37,591 1,319 - 1,319 Pavoni & C. Spa 10,645 7,493 9,270 836 15,958 16 698 714 Covalent Lithium Pty Ltd. 1,418 2,131 2,823 910 - (232 ) 33 (199 ) Total 115,686 47,922 93,300 2,826 132,518 6,596 (2,207 ) 4,389 F-62 Notes to the Consolidated Financial Statements As of December 31, 2019 For the year ended December 31, 2019 Assets Liabilities Other Joint Venture Current Non-current Current Non-current Revenue Net gain (loss) comprehensive Comprehensive ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Sichuan SQM Migao Chemical Fertilizers Co Ltd. 28,668 5,129 13,472 - 7 (1,262 ) - (1,262 ) Coromandel SQM India 4,504 633 1,704 - 8,197 (197 ) (77 ) (274 ) SQM Vitas Fzco. 9,695 1 1,136 - 36 3,595 (876 ) 2,719 SQM Qingdao Star Corp Nutrition Co. Ltd. 7,534 26 632 - 12,003 592 - 592 SQM Vitas B.V. 2,609 - 2 - - (30 ) (53 ) (83 ) SQM Vitas Brasil Agroindustria 46,118 7,299 40,334 - 87,901 1,128 (451 ) 677 SQM Vitas Perú S.A.C. 29,452 8,378 24,855 6,044 28,590 421 1,322 1,743 Pavoni & C. Spa 9,444 7,074 8,466 735 14,296 71 (510 ) (439 ) Covalent Lithium Pty Ltd. 1,616 958 2,111 383 - - (25 ) (25 ) Total 139,640 29,498 92,712 7,162 151,030 4,318 (670 ) 3,648 |
Disclosure of detailed information about other joint venture information explanatory [Text Block] | 8.3 O Cash and cash equivalents Other current financial liabilities Other non-current financial liabilities Joint Venture As of December 31, 2021 As of December 31, 2020 As of December 31, 2021 As of December 31, 2020 As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Sichuan SQM Migao Chemical Fertilizers Co Ltd. - 30 - - - - SQM Vitas Fzco. 4,115 4,251 - - - - SQM Vitas Brasil Agroindustria 4,132 4,065 10,416 6,820 - - SQM Vitas Perú S.A.C. 380 1,043 238 227 289 691 Pavoni & C. Spa 787 767 7,561 5,573 - - Covalent Lithium Pty Ltd. 3,858 653 980 953 - - Total 13,272 10,809 19,195 13,573 289 691 Depreciation and amortization expense Interest expense Income tax benefit (expense) Joint Venture For the year ended December 31, 2021 For the year ended December 31, 2020 For the year ended December 31, 2021 For the year ended December 31, 2020 For the year ended December 31, 2021 For the year ended December 31, 2020 ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Sichuan SQM Migao Chemical Fertilizers Co Ltd. - (394 ) - - - 244 SQM Vitas Fzco. - (1 ) (1 ) (2 ) - - SQM Vitas Brasil Agroindustria (278 ) (355 ) (367 ) (656 ) (1,985 ) (34 ) SQM Vitas Perú S.A.C. (354 ) (257 ) (311 ) (326 ) (1,692 ) (197 ) Pavoni & C. Spa (245 ) (263 ) (459 ) (410 ) (173 ) (120 ) Covalent Lithium Pty Ltd. (167 ) (213 ) (55 ) (18 ) 343 714 Total (1,044 ) (1,483 ) (1,193 ) (1,412 ) (3,507 ) 607 |
Cash And Cash Equivalents (Tabl
Cash And Cash Equivalents (Tables) | 12 Months Ended |
Dec. 31, 2021 | |
DisclosureOfCashAndCashEquivalentsExplanatory [Abstract] | |
Disclosure of detailed information about cash and cash equivalents [Text Block] | As of December 31, 2021, and 2020, cash and cash equivalents are detailed as follows: Cash As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Cash on hand 44 54 Cash in banks 662,407 244,548 Other demand deposits - 2,527 Total Cash 662,451 247,129 Cash equivalents As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Short-term deposits, classified as cash equivalents 237,655 51,595 Short-term investments, classified as cash equivalents 614,945 210,378 Total cash equivalents 852,600 261,973 Total cash and cash equivalents 1,515,051 509,102 |
Disclosure of detailed information about short term investments [Text Block] | As of December 31, 2021, and 2020, the short-term investments classified as cash and cash equivalents relate to mutual funds (investment liquidity funds) for investments in: Institution As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Legg Mason - Western Asset Institutional Cash Reserves 233,648 107,625 JP Morgan US dollar Liquidity Fund Institutional 381,297 102,753 Total 614,945 210,378 |
Disclosure of cash and cash equivalents by currency [Text Block] | As of December 31, 2021, and 2020, information on cash and cash equivalents by currency is detailed as follows: Currency As of December 31, 2021 As of December 31, ThUS$ ThUS$ Peso (*) 4,416 7,190 Dollar 1,377,983 454,402 Euro 14,374 17,144 Mexican Peso 1,827 1,378 South African Rand 13,048 14,286 Japanese Yen 1,182 1,646 Peruvian Sol 6 3 Indian rupee - 6 Chinese Yuan 30,102 11,597 Indonesian rupee 3 3 Pound Sterling 1 19 Australian Dollar 72,107 1,411 South Korean won - 16 Dirham United Arab Emirates 1 - Polish Zloty 1 1 Total 1,515,051 509,102 (*) The Company maintains financial derivative instruments policies which allow management to convert term deposits denominated in pesos and UF to Dollars. |
Disclosure of restricted cash and cash equivalents [text block] | As of December 31, 2021, and, 2020 pledged assets are as follows Restricted cash balances As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Isapre Norte Grande Ltda. 622 731 Total 622 731 |
Disclosure of detailed information about short term deposits [Text Block] | The detail at the end of each balance date is as follows: Receiver of the deposit Type of deposit Original Interest Rate Placement date Expiration date Principal Interest As of December 31, 2021 ThUS$ ThUS$ ThUS$ Others banks Fixed term Dollar 0.58 % 11-30-2021 02-28-2022 200,000 100 200,100 Banco BCI Fixed term Dollar 0.31 % 12-24-2021 02-28-2022 1,250 - 1,250 Banco BCI Fixed term Dollar 0.36 % 12-07-2021 01-14-2022 8,000 2 8,002 Banco BCI Fixed term Dollar 0.28 % 12-30-2021 01-14-2022 500 - 500 Banco Santander Fixed term Dollar 3.12 % 12-30-2021 01-06-2022 3,550 2 3,552 Banco Santander Fixed term Dollar 0.26 % 12-16-2021 01-31-2022 2,500 - 2,500 Banco Santander Fixed term Dollar 0.40 % 12-27-2021 03-04-2022 1,500 - 1,500 Banco Santander Fixed term Dollar 0.40 % 12-29-2021 01-27-2022 1,500 - 1,500 Banco Itaú Corpbanca Fixed term Dollar 0.30 % 12-14-2021 01-07-2022 5,000 1 5,001 Banco Itaú Corpbanca Fixed term Dollar 0.37 % 12-28-2021 01-24-2022 1,000 - 1,000 Banco Itaú Corpbanca Fixed term Dollar 0.34 % 12-07-2021 01-28-2022 2,000 - 2,000 Scotiabank Sud Americano Fixed term Dollar 0.27 % 12-24-2021 02-28-2022 2,750 - 2,750 Scotiabank Sud Americano Fixed term Dollar 0.06 % 12-17-2021 01-31-2022 3,000 - 3,000 Scotiabank Sud Americano Fixed term Dollar 0.07 % 12-03-2021 01-18-2022 5,000 - 5,000 Total 237,550 105 237,655 Receiver of the deposit Type of deposit Original Interest Rate Placement date Expiration date Principal Interest As of December 31, ThUS$ ThUS$ ThUS$ Banco Santander – Santiago Fixed term Dollar 0.35 % 12-30-2020 03-30-2021 7,000 - 7,000 Scotiabank Sud Americano Fixed term Dollar 0.35 % 11-30-2020 01-08-2021 1,500 1 1,501 Banco de Chile Fixed term Dollar 0.61 % 11-30-2020 01-08-2021 2,000 1 2,001 Banco de Chile Fixed term Dollar 0.61 % 11-30-2020 01-08-2021 3,500 1 3,501 Banco crédito e Inversiones Fixed term Dollar 0.46 % 12-01-2020 01-15-2021 500 - 500 Scotiabank Sud Americano Fixed term Dollar 0.40 % 12-01-2020 01-15-2021 500 - 500 Scotiabank Sud Americano Fixed term Dollar 0.40 % 12-02-2020 01-20-2021 2,500 1 2,501 Banco Santander – Santiago Fixed term Dollar 0.50 % 12-09-2020 01-25-2021 500 - 500 Scotiabank Sud Americano Fixed term Dollar 0.50 % 12-09-2020 01-25-2021 1,000 - 1,000 Banco Santander – Santiago Fixed term Dollar 0.50 % 12-09-2020 01-25-2021 6,000 1 6,001 Banco crédito e Inversiones Fixed term Dollar 0.51 % 12-09-2020 01-25-2021 6,000 1 6,001 Banco crédito e Inversiones Fixed term Dollar 0.26 % 12-14-2020 01-29-2021 500 - 500 Banco Estado Fixed term Dollar 0.14 % 12-14-2020 01-29-2021 1,000 1 1,001 Scotiabank Sud Americano Fixed term Dollar 0.40 % 12-14-2020 01-29-2021 1,500 - 1,500 Banco de Chile Fixed term Dollar 0.56 % 12-14-2020 01-29-2021 5,000 1 5,001 Banco Itaú Corpbanca Fixed term Dollar 0.68 % 12-18-2020 02-01-2021 500 - 500 Banco Itaú Corpbanca Fixed term Dollar 0.68 % 12-18-2020 02-01-2021 2,000 1 2,001 Banco crédito e Inversiones Fixed term Dollar 0.20 % 12-23-2020 02-05-2021 2,000 1 2,001 Banco Itaú Corpbanca Fixed term Dollar 0.40 % 12-24-2020 02-08-2021 1,000 - 1,000 Banco Santander – Santiago Fixed term Dollar 0.26 % 12-29-2020 01-08-2021 2,500 1 2,501 Banco Santander – Santiago Fixed term Dollar 0.15 % 12-30-2020 02-12-2021 700 - 700 Banco Itaú Corpbanca Fixed term Peso 0.35 % 12-29-2020 01-05-2021 3,798 - 3,798 BBVA Banco Francés Fixed term Dollar 1.80 % 12-31-2020 03-06-2021 86 - 86 Total 51,584 11 51,595 |
Inventories (Table)
Inventories (Table) | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure Of Inventories Explanatory [Abstract] | |
Disclosure of detailed information about inventories [Text Block] | The composition of inventory at each period-end is as follows: Type of inventory As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Raw material 12,508 10,694 Production supplies 41,114 31,007 Products-in-progress 527,118 487,830 Finished product 603,036 563,497 Total 1,183,776 1,093,028 |
Disclosure of information about inventory reserves [Text Block] | The breakdown of inventory allowances is detailed as follows: Type of inventory As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Raw material and supplies for production 1,865 1,934 Products-in-progress 59,858 66,122 Finished product 14,169 12,874 Total 75,892 80,930 |
Disclosure of movements in provisions for inventories [Text Block] | Conciliation As of December 31, 2021 As of December 31, 2020 As of December 31, 2019 ThUS$ ThUS$ ThUS$ Beginning balance 80,930 88,174 105,282 Increase in Lower Value (1) (3,650 ) (5,404 ) (6,987 ) Additional Provision Differences of Inventory (2) 330 (704 ) (123 ) Increase / Decrease eventual differences and others (3) - 1,244 (6,262 ) Provision Used (1,718 ) (2,380 ) (3,736 ) Total changes (5,038 ) (7,244 ) (17,108 ) Final balance 75,892 80,930 88,174 (1) There are three types of Lower Value Provisions: (a) Economic Realizable Lower Value, (b) Potential Inventory with Uncertain Future Use and (c) Reprocessing Costs of Off-Specification Products. (2) Provisions for Inventory Differences generated when physical differences are detected when taking inventory, which exceed the tolerance levels for this process. (3) This algorithm corresponds to the provision of diverse percentages based on the complexity in the measurement and rotation of stock, as well as standard differences based on previous results, as is the case with provisions relating to Commercial Offices. |
Related party disclosures (Tabl
Related party disclosures (Table) | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure Of Related Party Explanatory [Abstract] | |
Disclosure of detailed information about related parties [Text Block] | As of December 31, 2021 and 2020, the detail of entities that are identified as subsidiaries or related parties of the SQM Group is as follows: Tax ID No Name Country of origin Functional currency Nature Foreign Nitratos Naturais Do Chile Ltda. Brazil Dollar Subsidiary Foreign SQM North America Corp. United States Dollar Subsidiary Foreign SQM Europe N.V. Belgium Dollar Subsidiary Foreign Soquimich European Holding B.V. Netherlands Dollar Subsidiary Foreign SQM Corporation N.V. Curacao Dollar Subsidiary Foreign SQM Comercial De México S.A. de C.V. Mexico Dollar Subsidiary Foreign North American Trading Company United States Dollar Subsidiary Foreign Administración y Servicios Santiago S.A. de C.V. Mexico Dollar Subsidiary Foreign SQM Perú S.A. Peru Dollar Subsidiary Foreign SQM Ecuador S.A. Ecuador Dollar Subsidiary Foreign SQM Nitratos Mexico S.A. de C.V. Mexico Dollar Subsidiary Foreign SQMC Holding Corporation L.L.P. United States Dollar Subsidiary Foreign SQM Investment Corporation N.V. Curacao Dollar Subsidiary Foreign SQM Brasil Limitada Brazil Dollar Subsidiary Foreign SQM France S.A. France Dollar Subsidiary Foreign SQM Japan Co. Ltd. Japan Dollar Subsidiary Foreign Royal Seed Trading Corporation A.V.V. Aruba Dollar Subsidiary Foreign SQM Oceania Pty Limited Australia Dollar Subsidiary Foreign Rs Agro-Chemical Trading Corporation A.V.V. Aruba Dollar Subsidiary Foreign SQM Indonesia S.A. Indonesia Dollar Subsidiary Foreign SQM Virginia L.L.C. United States Dollar Subsidiary Foreign Comercial Caimán Internacional S.A. Panama Dollar Subsidiary Foreign SQM África Pty. Ltd. South Africa Dollar Subsidiary Foreign SQM Colombia SAS Colombia Dollar Subsidiary Foreign SQM Internacional N.V. Belgium Dollar Subsidiary Foreign SQM (Shanghai) Chemicals Co. Ltd. China Dollar Subsidiary Foreign SQM Lithium Specialties LLC United States Dollar Subsidiary Foreign SQM Iberian S.A. Spain Dollar Subsidiary Foreign SQM Beijing Commercial Co. Ltd. China Dollar Subsidiary Foreign SQM Thailand Limited Thailand Dollar Subsidiary Foreign SQM Australia PTY Australia Dollar Subsidiary Foreign SQM Holland B.V. Netherlands Dollar Subsidiary Foreign SQM Korea LLC Korea Dollar Subsidiary 96.801.610-5 Comercial Hydro S.A. Chile Dollar Subsidiary 96.651.060-9 SQM Potasio S.A. Chile Dollar Subsidiary 96.592.190-7 SQM Nitratos S.A. Chile Dollar Subsidiary 96.592.180-K Ajay SQM Chile S.A. Chile Dollar Subsidiary 79.947.100-0 SQM Industrial S.A. Chile Dollar Subsidiary 79.906.120-1 Isapre Norte Grande Ltda. Chile Peso Subsidiary 79.876.080-7 Almacenes y Depósitos Ltda. Chile Peso Subsidiary Tax ID No Name Country of origin Functional currency Nature 79.770.780-5 Servicios Integrales de Tránsitos y Transferencias S.A. Chile Dollar Subsidiary 79.768.170-9 Soquimich Comercial S.A. Chile Dollar Subsidiary 79.626.800-K SQM Salar S.A. Chile Dollar Subsidiary 76.534.490-5 Sociedad Prestadora de Servicios de Salud Cruz del Norte S.A. Chile Peso Subsidiary 76.425.380-9 Exploraciones Mineras S.A. Chile Dollar Subsidiary 76.064.419-6 Comercial Agrorama Ltda. Chile Peso Subsidiary 76.145.229-0 Agrorama S.A. Chile Peso Subsidiary 76.359.919-1 Orcoma Estudios SPA Chile Dollar Subsidiary 76.360.575-2 Orcoma SPA Chile Dollar Subsidiary 76.686.311-9 SQM MaG SpA Chile Dollar Subsidiary 77.114.779-8 Sociedad Contractual Minera Bufalo Chile Dollar Subsidiary Foreign Abu Dhabi Fertilizer Industries WWL Arab Emirates Arab Emirates dirham Associate Foreign Ajay North America United States Dollar Associate Foreign Ajay Europe SARL France Euro Associate Foreign Kore Potash PLC United Kingdom Dollar Associate Foreign SQM Vitas Fzco. Arab Emirates Arab Emirates dirham Joint venture Foreign Covalent Lithium Pty Ltd. Australia Dollar Joint venture Foreign Pavoni & C, SPA Italy Euro Joint venture 96.511.530-7 Sociedad de Inversiones Pampa Calichera Chile Dollar Other related parties 96.529.340-K Norte Grande S.A. Chile Peso Other related parties 79.049.778-9 Callegari Agrícola S.A. Chile Peso Other related parties Foreign SQM Vitas Brasil Agroindustria (1) Brazil Brazilian real Other related parties Foreign SQM Vitas Perú S.A.C. (1) Peru Dollar Other related parties Foreign Abu Dhabi Fertilizer Industries WWL (2) Oman United Arab Emirates dirham Other related parties Foreign International Technical and Trading Agencies CO WLL (2) Jordan United Arab Emirates dirham Other related parties (1) These Companies are subsidiaries of the joint venture SQM Vitas Fzco. (2) These Companies are subsidiaries of the joint venture Abu Dhabi Fertilizer Industries WWL Ltda. and therefore it consolidates them presents The following other related parties correspond to mining contractual corporations. Tax ID No. Name Country of origin Functional currency Relationship N/A Ara Dos Primera del Salar de Pampa Blanca, Sierra Gorda Chile Peso Other related parties N/A Ara Tres Primera del Salar de Pampa Blanca, Sierra Gorda Chile Peso Other related parties N/A Ara Cuatro Primera del Salar de Pampa Blanca, Sierra Gorda Chile Peso Other related parties N/A Ara Cinco Primera del Salar de Pampa Blanca, Sierra Gorda Chile Peso Other related parties N/A Curicó Dos Primera del Salar de Pampa Alta, Sierra Gorda Chile Peso Other related parties N/A Curicó Tres Primera del Sector de Pampa Alta, Sierra Gorda Chile Peso Other related parties N/A Evelyn Veinticuatro Primera de Sierra Gorda Chile Peso Other related parties N/A Filomena Tres Primera de Oficina Filomena, Sierra Gorda Chile Peso Other related parties N/A Filomena Cuatro Primera de Oficina Filomena, Sierra Gorda Chile Peso Other related parties N/A Francis Cuatro Primera de Pampa Blanca, Sierra Gorda Chile Peso Other related parties N/A Francis Cuatro Segunda del Salar de Pampa Blanca, Sierra Gorda Chile Peso Other related parties N/A Francis Cuatro Tercera de Pampa Blanca, Sierra Gorda Chile Peso Other related parties N/A Francis Cuatro Cuarta de Pampa Blanca, Sierra Gorda Chile Peso Other related parties N/A Francis Cuatro Quinta de Pampa Blanca, Sierra Gorda Chile Peso Other related parties N/A Francis Primera del Salar de Pampa Blanca de Sierra Gorda Chile Peso Other related parties N/A Francis Segunda del Salar de Pampa Blanca de Sierra Gorda Chile Peso Other related parties N/A Francis Tercera del Salar de Pampa Blanca de Sierra Gorda Chile Peso Other related parties N/A Ivon Primera de Sierra Gorda Chile Peso Other related parties N/A Ivon Décima Segunda de Sierra Gorda Chile Peso Other related parties N/A Ivon Sexta de Sierra Gorda Chile Peso Other related parties N/A Julia Primera de Sierra Gorda Chile Peso Other related parties N/A Lorena Trigésimo Quinta de Sierra Gorda Chile Peso Other related parties N/A Perseverancia Primera de Sierra Gorda Chile Peso Other related parties N/A Tamara 40 Primera del Sector S.E. OF. Concepción, Sierra Gorda Chile Peso Other related parties N/A Tamara Tercera de Oficina Concepción, Sierra Gorda Chile Peso Other related parties N/A Tamara 4 Segunda del Sector S.E. OF Concepción, Sierra Gorda Chile Peso Other related parties |
Disclosure of transactions between related parties [text block] | For the year ended December 31, 2021 and 2020, the detail of significant transactions with related parties is as follows Tax ID No Name Nature Country of origin Transaction As of As of As of ThUS$ ThUS$ ThUS$ Foreign Doktor Tarsa Tarim Sanayi AS Associate Turkey Sale of products - 1,053 14,767 Foreign Ajay Europe S.A.R.L. Associate France Sale of products 39,760 23,162 21,348 Foreign Ajay Europe S.A.R.L. Associate France Dividends 992 1,197 1,055 Foreign Ajay North America LL.C. Associate United State Sale of products 27,763 20,259 16,932 Foreign Ajay North America LL.C. Associate United States Dividends 1,233 1,967 2,796 Foreign Abu Dhabi Fertilizer Industries WWL Associate United Arab Emirates Dividends 9,438 - - Foreign Abu Dhabi Fertilizer Industries WWL Associate United Arab Emirates Sale of products - - 3,749 Foreign SQM Vitas Brasil Agroindustria Other related parties Brazil Sale of products 79,086 41,341 46,876 Foreign SQM Vitas Perú S.A.C. Other related parties Perú Sale of products 17,016 17,723 24,138 Foreign Coromandel SQM India Joint venture India Sale of products 2,060 1,510 3,955 Foreign SQM Star Qingdao Corp Nutrition Co., Ltd. Joint venture China Dividends - 2,223 - Foreign SQM Star Qingdao Corp Nutrition Co., Ltd. Joint venture China Sale of products - - 1,929 Foreign Terra Tarsa Ukraine LLC Other related parties Ukraine Sale of products - 737 1,280 Foreign Pavoni & CPA Joint venture Italy Sale of products 961 1,125 3,152 Foreign Plantacote NV Other related parties Belgium Sale of products - - 4,096 Foreign Arpa Speciali S.R.L. Other related parties Italy Sale of products - - 2,359 Foreign Terra Tarsa Don LLC Other related parties Russian Federation Sale of products - - 40 Foreign SQM Eastmed Turkey Associate Turkey Sale of products - - 47 Chile Banco de Chile Other related parties Chile Service Provider (20,904 ) - - Chile Norte Grande S.A. Other related parties Chile Client 146 - - Chile El Mercurio S.A.P. Other related parties Chile Service Provider (131 ) - - Chile Compañía de Seguros de Vida Consorcio Nacional Other related parties Chile Service Provider (134 ) - - Chile Entel PCS Telecomunicaciones S.A. Other related parties Chile Service Provider (157 ) - - Chile Empresa Nacional de Telecomunicaciones Other related parties Chile Service Provider (2,393 ) - - |
Disclosure of amounts receivable from related parties [Text Block] | 11.5 T Tax ID No Name Nature Country of origin Currency As of December 31, As of December 31, 2020 ThUS$ ThUS$ Foreign Ajay Europe S.A. R.L. Associate France Euro 7,567 4,625 Foreign Ajay North America LLC. Associate United States of America Dollar 3,350 2,956 Foreign Abu Dhabi Fertilizer Industries WWL Associate United Arab Emirates United Arab Emirates Dirham 2,477 595 96.511.530-7 Soc. de Inversiones Pampa Calichera Other related parties Chile Dollar 5 6 Foreign SQM Vitas Brasil Agroindustria Other related parties Brazil Dollar 55,119 24,335 Foreign SQM Vitas Perú S.A.C. Other related parties Peru Dollar 14,684 24,205 Foreign SQM Vitas Fzco. Joint venture United Arab Emirates United Arab Emirates Dirham 232 236 Foreign Pavoni & C SpA Joint venture Italy Euro 804 1,095 Foreign Covalent Lithium Pty Ltd. Joint venture Australia Australian dollar 1,914 84 Foreign Sichuan SQM Migao Chemical Fertilizers Co Ltd. Joint venture China Dollar - 4,464 Total 86,152 62,601 |
Details of transactions with entities who are affiliated to the keymanagerial personnel [Text Block] | Below is a list of transactions with clients and suppliers with whom a relationship with key Company personnel was identified: Tax ID No Name Country of origin Nature 76.389.727-3 Sociedad Periodística El Libero Chile Other related parties 90.193.000-7 El Mercurio S.A.P. Chile Other related parties 92.580.000-7 Empresa Nacional de Telecomunicaciones S.A. Chile Other related parties 96.806.980-2 Entel PCS Telecomunicaciones S.A. Chile Other related parties 97.004.000-5 Banco de Chile Chile Other related parties 99.012.000-5 Compañía de Seguros de Vida Consorcio Nacional Chile Other related parties 10.581.580-8 Gonzalo Guerrero Yamamoto Chile Other related parties 71.644.300-0 Universidad del Desarrollo Chile Other related parties 96.529.340-K Norte Grande S.A. Chile Other related parties |
Disclosure of amounts payable to related parties [Text Block] | 11.6 T Tax ID No Company Nature Country of origin Currency As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Foreign Ajay Europe S.A.R.L. Associate France Euro - 50 Foreign Ajay North America LL.C. Associate United States of America Dollar - 232 Foreign Covalent Lithium Pty Ltd Joint venture Australia Australian dollar - 324 Total - 606 |
Financial instruments (Tables)
Financial instruments (Tables) | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure Of Financials instruments [Abstract] | |
Disclosure of detailed information about other financial assets [Text Block] | 12.1 T Description of other financial assets As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Financial assets at amortized cost (1) 905,170 345,459 Derivative financial instruments - For hedging 12,625 - - Non-hedging (2) 1,254 2,610 Total other current financial assets 919,049 348,069 Financial assets at fair value through other comprehensive income (4) (5) 8,932 14,569 Derivative financial instruments - For hedging 245 37,276 Other financial assets at amortized cost 91 80 Total other non-current financial assets 9,268 51,925 |
Disclosure of detailed information about other non current financial assets [Text Block] | Institution As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Banco de Crédito e Inversiones 34,325 185,589 Banco Santander (3) 65,899 45,168 Banco Itaú CorpBanca 195,471 49,006 Banco de Chile - - Scotiabank Sud Americano 289,421 31,668 Sumitomo Mitsui Banking 320,054 - JP Morgan Asset Management - 34,028 Total 905,170 345,459 |
Disclosure of trade and other receivables [text block] | 12.2 T As of December 31, 2021 As of December 31, 2020 Trade and other receivables Current Non-current Total Current Non-current Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Trade receivables, current 590,312 - 590,312 313,265 - 313,265 Prepayments, current 49,168 - 49,168 19,900 - 19,900 Other receivables, current 14,593 6,172 20,765 32,041 11,165 43,206 Total trade and other receivables 654,073 6,172 660,245 365,206 11,165 376,371 See discussion about credit risk in Note 4.2. As of December 31, 2021 As of December 31, 2020 Trade and other receivables Gross receivables Impairment Trade receivables, Gross receivables Impairment Trade receivables, ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Receivables related to credit operations, current 600,664 (10,352 ) 590,312 327,586 (14,321 ) 313,265 Prepayments, current 49,952 (784 ) 49,168 20,684 (784 ) 19,900 Other receivables, current 17,456 (2,863 ) 14,593 36,664 (4,623 ) 32,041 Other receivables, non-current 6,172 - 6,172 11,165 - 11,165 Total trade and other receivables 674,244 (13,999 ) 660,245 396,099 (19,728 ) 376,371 |
Disclosure of financial assets that are either past due or impaired [text block] | As of December 31, 2021, and 2020 the detail of the renegotiated portfolio is as follows: As of December 31, 2021 Portfolio analysis Past due segments Number of customers with Gross non-renegotiated Number of customers with Gross renegotiated Current 1,279 570,899 7 130 1 - 30 days 112 22,632 - - 31 - 60 days 18 2,114 - - 61 - 90 days 11 1,015 - - 91 - 120 days 7 202 - - 121 - 150 days 3 43 - - 151 - 180 days 3 4 - - 181 - 210 days 3 130 - - 211 - 250 days 1 1 2 4 >250 days 80 2,597 117 893 Total 1,517 599,637 126 1,027 As of December 31, 2020 Portfolio analysis Past due segments Number of customers with Gross non-renegotiated Number of customers with Gross renegotiated Current 1,281 301,939 23 179 1 - 30 days 119 12,140 8 60 31 - 60 days 12 1,226 - - 61 - 90 days 5 159 - - 91 - 120 days 5 1,448 1 41 121 - 150 days 2 2,384 2 2 151 - 180 days 3 1,398 4 12 181 - 210 days 1 - 2 5 211 - 250 days 3 2 6 114 >250 days 156 5,030 64 1,447 Total 1,587 325,726 110 1,860 |
Disclosure of detailed information about expected credit exposure of accounts receivable based on aging analysis [Table Text Block] | As of December 31, 2021 Trade accounts receivable days past due Trade and other receivables Current 1 to 30 days 31 to 60 days 61 to 90 Over 90 Trade Trade receivables ThUS$ ThUS$ Expected Loss Rate on 1 % 8 % 32 % 34 % 71 % - - Total Gross Book Value 571,029 22,633 2,113 1,015 3,874 600,664 86,869 Impairment Estimate 4,724 1,856 673 346 2,753 10,352 717 As of December 31, 2020 Trade accounts receivable days past due Trade and other receivables Current 1 to 30 days 31 to 60 days 61 to 90 Over 90 Trade Trade receivables ThUS$ ThUS$ Expected Loss Rate on 1 % 10 % 39 % 52 % 79 % - - Total Gross Book Value 302,118 12,200 1,226 159 11,883 327,586 70,146 Impairment Estimate 3,187 1,207 477 83 9,367 14,321 7,545 |
Disclosure of detailed information about movement in provision of trade receivables [Table Text Block] | As of December 31, 2021, and 2020, movements in provisions are as follows: Provisions As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Impairment provision of Accounts receivable at the beginning of the year 27,273 32,707 Increase (decrease) impairment of accounts receivable 235 (4,684 ) Write-off of receivables (11,091 ) (750 ) Difference in exchange rate (1,701 ) - Impairment provision of Accounts Receivable Provision at the end of the year 14,716 27,273 (1) Trade and other Receivables Provision 10,352 14,321 (2) Current other Receivables Provision 3,647 5,407 (3) Trade receivables with related parties, current Provision 717 7,545 Recovery of Insurance 210 347 Impairment provision of Accounts Receivable 14,716 27,273 Renegotiated receivables 910 1,728 Non-renegotiated receivables 13,806 25,545 |
Disclosure of allowance for credit losses [text block] | As of December 31, 2021 Assets Liabilities Total Realized Hedging Reserve in Type of Instrument: Cross currency interest rate swaps UF/CLP Cash flow hedge derivatives Short term 12,625 8,954 Long term 245 72,900 Underlying Debt Hedge 12,870 81,854 (22,455 ) (46,529 ) Type of Instrument: Forwards/Options Non-hedge derivatives with effect on income Short term 1,254 1,672 Underlying Investments Hedge 1,254 1,672 4,694 - Total Instrumentos 14,124 83,526 (17,761 ) (46,529 ) As of December 31, 2020 Assets Liabilities Total Realized Hedging Reserve in Type of Instrument: Cross currency interest rate swaps UF/CLP Cash flow hedge derivatives Short term - 26,699 Long term 37,276 13,511 Underlying Debt Hedge 37,276 40,210 (9,167 ) (6,233 ) Type of Instrument: Forwards/Options Non-hedge derivatives with effect on income Short term 2,610 5,393 Underlying Investments Hedge 2,610 5,393 (9,049 ) - Total Instruments 39,886 45,603 (18,216 ) 6,233 Hedging Effect in Profit and Equity for the year as of Variation Total Effect on Profit or Loss Hedge Reserves from Analysis Effect by Type of Coverage Hedging in Current and Non-Current Assets (24,406 ) Hedging in Current and Non-Current Liabilities 41,644 Total Hedge Effect in Profit or Loss and Equity for the period 17,238 (13,288 ) 30,526 |
Disclosure of maturity analysis for derivative financial liabilities [text block] | Derivative contract maturities are detailed as follows: Series Contract amount Currency Maturity date ThUS$ H 119,938 UF 01/04/2023 O 58,748 UF 02/01/2022 P 134,228 UF 01/15/2028 Q 106,933 UF 06/01/2030 |
Disclosure of financial liabilities [text block] | As of December 31, 2021 and 2020, the detail is as follows: As of December 31, 2021 As of December 31, 2020 Other current and non-current financial Currents Non-Current Total Currents Non-Current Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Liabilities at amortized cost Bank borrowings 85 69,613 69,698 82 69,376 69,458 Obligations with the public 40,594 2,445,219 2,485,813 36,781 1,816,626 1,853,407 Derivative financial instruments For hedging 8,954 72,900 81,854 26,699 13,511 40,210 Non-Hedging 1,672 - 1,672 5,393 - 5,393 Total 51,305 2,587,732 2,639,037 68,955 1,899,513 1,968,468 |
Disclosure of detailed information about borrowings [text block] | As of December 31, 2021 and 2020, the detail is as follows: Current and non-current bank borrowings As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Current borrowings 85 82 Non-current borrowings 69,613 69,376 Current and non-current bank borrowings 69,698 69,458 |
Disclosure of detailed information about short term borrowings [Text Block] | As of December 31, 2021, and 2020, the detail of this caption is as follows: Debtor Creditor Tax ID No. Company Country Tax ID No. Financial Country Currency or Payment of Repayment Effective rate Nominal rate 93.007.000-9 SQM S.A. Chile O-E Scotiabank Cayman USA US$ Upon maturity 05/31/2022 0.82% 1.36% Debtor Creditor Nominal amounts as of December 31, 2021 Current amounts as of December 31, 2021 Company Financial institution Up to 90 days 90 days to 1 year Total Up to 90 days 90 days to 1 Subtotal Borrowing Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM S.A. Scotiabank Cayman - - - 85 - 85 - 85 Total - - - 85 - 85 - 85 Debtor Creditor Tax ID No Company Country Tax ID No. Financial institution Country Currency or Repayment maturity Effective rate Nominal rate 93.007.000-9 SQM S.A. Chile O-E Scotiabank Cayman USA US$ Upon maturity 05/31/2022 1.00% 1.36% Debtor Creditor Nominal amounts as of December 31, 2020 Current amounts as of December 31, 2020 Up to 90 days 90 days to 1 Total Up to 90 days 90 days to 1 Subtotal Borrowing Total Company Financial institution ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM S.A. Scotiabank Cayman - - - - 82 82 - 82 Total - - - - 82 82 - 82 |
Disclosure of detailed information about current maturities of unsecured obligations [Text Block] | As of December 31, 2021, and 2020, the detail of current unsecured interest-bearing obligations is composed of promissory notes and bonds, as follows: Debtor Periodicity Tax ID No. Company Country Number of Series Maturity date Currency or Payment of Repayment Effective rate Nominal rate 93.007.000-9 SQM S.A. Chile - MUS$250 01/28/2022 US$ Semiannual Upon maturity 1.56% 4.38% 93.007.000-9 SQM S.A. Chile - MUS$300 04/03/2022 US$ Semiannual Upon maturity 0.74% 3.63% 93.007.000-9 SQM S.A. Chile - MUS$450 05/07/2022 US$ Semiannual Upon maturity 3.23% 4.25% 93.007.000-9 SQM S.A. Chile - MUS$400 01/22/2022 US$ Semiannual Upon maturity 4.00% 4.25% 93.007.000-9 SQM S.A. Chile - MUS$700 03/10/2022 US$ Semiannual Upon maturity 3.62% 3.50% 93.007.000-9 SQM S.A. Chile 564 H 01/05/2022 UF Semiannual Semiannual 1.75% 4.90% 93.007.000-9 SQM S.A. Chile 699 O 02/01/2022 UF Semiannual Upon maturity 2.06% 3.80% 93.007.000-9 SQM S.A. Chile 563 P 01/15/2022 UF Semiannual Upon maturity 2.04% 3.25% 93.007.000-9 SQM S.A. Chile 700 Q 06/01/2022 UF Semiannual Upon maturity 2.72% 3.45% Effective rates of bonds in Pesos and UF are expressed and calculated in Dollars based on the flows agreed in Cross Currency Swap Agreements. Nominal amounts as of December 31, 2021 Carrying amounts of maturities as of December 31, 2021 Company Country Series Up to 90 90 days to 1 Total Up to 90 days 90 days to 1 Subtotal Borrowing Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM S.A. Chile MUS$250 4,648 - 4,648 4,648 - 4,648 (433 ) 4,215 SQM S.A. Chile MUS$300 - 2,658 2,658 - 2,658 2,658 (614 ) 2,044 SQM S.A. Chile MUS$450 - 2,869 2,869 - 2,869 2,869 (679 ) 2,190 SQM S.A. Chile MUS$400 7,508 - 7,508 7,508 - 7,508 (237 ) 7,271 SQM S.A. Chile MUS$700 6,874 - 6,874 6,874 - 6,874 (552 ) 6,322 SQM S.A. Chile H 16,026 - 16,026 16,026 - 16,026 (172 ) 15,854 SQM S.A. Chile O 863 - 863 863 - 863 (82 ) 781 SQM S.A. Chile P 1,636 - 1,636 1,636 - 1,636 (12 ) 1,624 SQM S.A. Chile Q - 314 314 - 314 314 (21 ) 293 Total 37,555 5,841 43,396 37,555 5,841 43,396 (2,802 ) 40,594 Debtor Periodicity Tax I No. Company Country Number of Series Maturity date Currency or Payment of Repayment Effective rate Nominal rate 93.007.000-9 SQM S.A. Chile - MUS$250 01/28/2021 US$ Semiannual Upon maturity 1.95% 4.38% 93.007.000-9 SQM S.A. Chile - MUS$300 04/03/2021 US$ Semiannual Upon maturity 1.08% 3.63% 93.007.000-9 SQM S.A. Chile - MUS$450 05/07/2021 US$ Semiannual Upon maturity 3.59% 4.25% 93.007.000-9 SQM S.A. Chile - MUS$400 01/22/2021 US$ Semiannual Upon maturity 4.17% 4.25% 93.007.000-9 SQM S.A. Chile 564 H 01/05/2021 UF Semiannual Semiannual 0.58% 4.90% 93.007.000-9 SQM S.A. Chile 699 O 02/01/2021 UF Semiannual Upon maturity 2.24% 3.80% 93.007.000-9 SQM S.A. Chile 563 P 01/15/2021 UF Semiannual Upon maturity 2.37% 3.25% 93.007.000-9 SQM S.A. Chile 700 Q 06/01/2021 UF Semiannual Upon maturity 2.92% 3.45% Effective rates of bonds in Pesos and UF are expressed and calculated in Dollars based on the flows agreed in Cross Currency Swap Agreements. Nominal amounts as of December 31, 2020 Carrying amounts of maturities as of December 31, 2020 Company Country Series Up to 90 90 days to 1 Total Up to 90 days 90 days to 1 Subtotal Borrowing Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM S.A. Chile MUS$250 4,648 - 4,648 4,648 - 4,648 (433 ) 4,215 SQM S.A. Chile MUS$300 - 2,658 2,658 - 2,658 2,658 (614 ) 2,044 SQM S.A. Chile MUS$450 7,508 - 7,508 7,508 - 7,508 (679 ) 6,829 SQM S.A. Chile MUS$400 - 2,869 2,869 - 2,869 2,869 (237 ) 2,632 SQM S.A. Chile H 18,212 - 18,212 18,212 - 18,212 (172 ) 18,040 SQM S.A. Chile O 962 - 962 962 - 962 (82 ) 880 SQM S.A. Chile P 1,824 - 1,824 1,824 - 1,824 (12 ) 1,812 SQM S.A. Chile Q - 350 350 - 350 350 (21 ) 329 Total 33,154 5,877 39,031 33,154 5,877 39,031 (2,250 ) 36,781 |
Disclosure of detailed information about non current maturities of unsecured obligations [Text Block] | The following table shows the details of bank loans as of December 31, 2021 and 2020: Debtor Creditor Tax ID No. Company Country Tax ID No. Financial institution Country Currency or Type of Effective rate Nominal rate 93.007.000-9 SQM S.A. Chile O-E Scotiabank Cayman USA US$ Maturity 2.05% 1.36% Debtor Creditor Nominal non-current maturities as of December 31, 2021 Carrying amounts of maturities as of December 31, 2021 Company Financial institution Between 1 and 2 Between 2 Between 3 Total Between 1 Between 2 Between 3 Subtotal Costs of Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM S.A. Scotiabank Cayman 70,000 - - 70,000 70,000 - - 70,000 (387 ) 69,613 Total 70,000 - - 70,000 70,000 - - 70,000 (387 ) 69,613 Debtor Creditor Tax ID No. Company Country Tax ID No. Financial institution Country Currency or Type of Effective rate Nominal rate 93.007.000-9 SQM S.A. Chile O-E Scotiabank Cayman USA US$ Maturity 1.98% 1.36% Debtor Creditor Nominal non-current maturities as of December 31, 2020 Carrying amounts of maturities as of December 31, 2020 Company Financial institution Between 1 and 2 Between 2 Between 3 Total Between 1 Between 2 Between 3 Subtotal Costs of Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM S.A. Scotiabank Cayman - 70,000 - 70,000 - 70,000 - 70,000 (624 ) 69,376 Total - 70,000 - 70,000 - 70,000 - 70,000 (624 ) 69,376 The following table shows the details of “unsecured debentures that accrue non-current interest” as of December 31, 2021, and 2020: Debtor Periodicity Tax ID No. Company Country Number of Series Maturity date Currency or Payment of Repayment Effective rate Nominal rate 93.007.000-9 SQM S.A. Chile - MUS$250 01/28/2025 US$ Semiannual Upon maturity 4.08% 4.38% 93.007.000-9 SQM S.A. Chile - MUS$300 04/03/2023 US$ Semiannual Upon maturity 3.42% 3.63% 93.007.000-9 SQM S.A. Chile - MUS$450 05/07/2029 US$ Semiannual Upon maturity 4.10% 4.25% 93.007.000-9 SQM S.A. Chile - MUS$400 01/22/2050 US$ Semiannual Upon maturity 4.19% 4.25% 93.007.000-9 SQM S.A. Chile - MUS$700 09/10/2051 US$ Semiannual Upon maturity 3.43% 3.50% 93.007.000-9 SQM S.A. Chile 564 H 01/05/2030 UF Semiannual Semiannual 4.76% 4.90% 93.007.000-9 SQM S.A. Chile 699 O 02/01/2033 UF Semiannual Upon maturity 3.69% 3.80% 93.007.000-9 SQM S.A. Chile 563 P 01/15/2028 UF Semiannual Upon maturity 3.24% 3.25% 93.007.000-9 SQM S.A. Chile 700 Q 06/01/2038 UF Semiannual Upon maturity 3.43% 3.45% Nominal non-current maturities as of December 31, 2021 Carrying amounts of maturities as of December 31, 2021 Series Over 1 Over 2 Over 3 Over 4 Over 5 Total Over 1 Over 2 Over 3 Over 4 Over 5 Subtotal Bond Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ MUS$250 - - 250,000 - - 250,000 - - 250,000 - - 250,000 (903 ) 249,097 MUS$300 300,000 - - - - 300,000 300,000 - - - - 300,000 (168 ) 299,832 MUS$450 - - - - 450,000 450,000 - - - - 450,000 450,000 (4,343 ) 445,657 MUS$400 - - - - 400,000 400,000 - - - - 400,000 400,000 (6,347 ) 393,653 MUS$700 - - - - 700,000 700,000 - - - - 700,000 700,000 (15,836 ) 684,164 H - - - - 100,064 100,064 - - - - 100,064 100,064 (1,206 ) 98,858 O - - - - 55,035 55,035 - - - - 55,035 55,035 (822 ) 54,213 P - - - - 110,070 110,070 - - - - 110,070 110,070 (65 ) 110,005 Q - - - - 110,070 110,070 - - - - 110,070 110,070 (330 ) 109,740 Total 300,000 - 250,000 - 1,925,239 2,475,239 300,000 - 250,000 - 1,925,239 2,475,239 (30,020 ) 2,445,219 Debtor Periodicity Tax ID No. Company Country Number of Series Maturity date Currency or Payment of Repayment Effective rate Nominal rate 93.007.000-9 SQM S.A. Chile - MUS$250 01/28/2025 US$ Semiannual Upon maturity 4.08% 4.38% 93.007.000-9 SQM S.A. Chile - MUS$300 04/03/2023 US$ Semiannual Upon maturity 3.43% 3.63% 93.007.000-9 SQM S.A. Chile - MUS$450 05/07/2029 US$ Semiannual Upon maturity 4.18% 4.25% 93.007.000-9 SQM S.A. Chile - MUS$400 01/22/2050 US$ Semiannual Upon maturity 4.22% 4.25% 93.007.000-9 SQM S.A. Chile 564 H 01/05/2030 UF Semiannual Semiannual 4.76% 4.90% 93.007.000-9 SQM S.A. Chile 699 O 02/01/2033 UF Semiannual Upon maturity 3.68% 3.80% 93.007.000-9 SQM S.A. Chile 563 P 01/15/2028 UF Semiannual Upon maturity 3.24% 3.25% 93.007.000-9 SQM S.A. Chile 700 Q 06/01/2038 UF Semiannual Upon maturity 3.43% 3.45% Nominal non-current maturities as of December 31, 2020 Carrying amounts of maturities as of December 31, 2020 Series Over 1 Over 2 Over 3 Over 4 Over 5 Total Over 1 Over 2 Over 3 Over 4 Over 5 Subtotal Bond Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ MUS$250 - - - 250,000 - 250,000 - - - 250,000 - 250,000 (1,336 ) 248,664 MUS$300 - 300,000 - - - 300,000 - 300,000 - - - 300,000 (781 ) 299,219 MUS$450 - - - - 450,000 450,000 - - - - 450,000 450,000 (5,020 ) 444,980 MUS$400 - - - - 400,000 400,000 - - - - 400,000 400,000 (6,582 ) 393,418 H - - - - 126,386 126,386 - - - - 126,386 126,386 (1,378 ) 125,008 O - - - - 61,334 61,334 - - - - 61,334 61,334 (904 ) 60,430 P - - - - 122,668 122,668 - - - - 122,668 122,668 (77 ) 122,591 Q - - - - 122,668 122,668 - - - - 122,668 122,668 (352 ) 122,316 Total - 300,000 - 250,000 1,283,056 1,833,056 - 300,000 - 250,000 1,283,056 1,833,056 (16,430 ) 1,816,626 |
Disclosure of information about issue of series H bonds [Text Block] | For the periods ended December 31, 2021, and 2020, the Company has made the following payments with a charge to the Series H bonds and their associated CCS hedging: Payments made December 31, 2021 December 31, 2020 December 31, 2019 ThUS$ ThUS$ ThUS$ Payments of interest, Series H bonds 6,661 6,601 7,868 CCS Coverage 1,598 2,575 1,952 |
Disclosure of information about second issue of single series bonds [Text Block] | For the periods ended December 31, 2021 and 2020, the detail of payments charged to the line of single series bonds, second issue is as follows. Payments made December 31, 2021 December 31, 2020 December 31, 2019 ThUS$ ThUS$ ThUS$ Payments of interest - 6,875 13,750 |
Disclosure of information about issue of series O bonds [Text Block] | For the periods ended December 31, 2021, and 2020, the Company has made the following payments with a charge to Series O bonds and their associated CCS hedging: Payments made December 31, 2021 December 31, 2020 December 31, 2019 ThUS$ ThUS$ ThUS$ Payments of interest, Series O bonds 2,225 2,070 2,308 CCS Coverage 438 599 354 |
Disclosure of information about third issue of single series bonds [Text Block] | For the periods ended December 31, 2021, and 2020, the following payments have been made with a debit to the line of single-series bonds, third issue: Payments made December 31, 2021 December 31, 2020 December 31, 2019 ThUS$ ThUS$ ThUS$ Payments of interest 10,875 10,875 10,875 |
Disclosure of information about fourth issue of single series bonds [Text Block] | For the periods ended on December 31, 2021 and 2020, the following payments have been made. Payments made December 31, 2021 December 31, 2020 December 31, 2019 ThUS$ ThUS$ ThUS$ Payments of interest 10,938 10,938 10,938 |
Disclosure of information about issue of series P bonds [Table Text Block] | For the periods ended on December 31, 2021 and 2020, the following payments and their associated CCS have been made: Payments made December 31, 2021 December 31, 2020 December 31, 2019 ThUS$ ThUS$ ThUS$ Payments of interest, Series P bonds 3,835 3,534 3,960 CCS Coverage 3,119 3,439 2,995 |
Disclosure of information about issue of series Q bonds [Table Text Block] | For the periods ended December 31, 2021 and 2020, the following payments have been made: Payments made December 31, 2021 December 31, 2020 December 31, 2019 ThUS$ ThUS$ ThUS$ Payments of interest, Series Q bonds 3,990 3,769 3,791 CCS Coverage 1,919 1,021 - |
Disclosure of information about fifth issue of single series bonds [Text Block] | For the periods ended on December 31, 2021 and 2020, the following payments have been made: Payments made December 31, 2021 December 31, 2020 December 31, 2019 ThUS$ ThUS$ ThUS$ Payments of interest 19,125 19,125 9,563 |
Disclosure of information about sixth issue of single series bonds [Text Block] | For the periods ended on December 31, 2021 and 2020, the following payments have been made: Payments made December 31, 2021 December 31, 2020 December 31, 2019 ThUS$ ThUS$ ThUS$ Payments of interest 17,000 8,500 - |
Disclosure of trade and other payables [text block] | 12.5 T a) Details trade and other payables As of December 31, 2021 As of December 31, 2020 Details trade and other payables Current Non-current Current Current Non-current Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Accounts payable 279,092 - 279,092 203,346 - 203,346 Other accounts payable 558 - 558 587 - 587 Prepayments from customers - 3,813 3,813 - 4,027 4,027 Total 279,650 3,813 283,463 203,933 4,027 207,960 |
Disclosure of detailed information about the current and past due suppliers [Text Block] | As of December 31, 2021, and 2020, the balance of current and past due accounts payable is made up as follows: Suppliers current on all payments Amounts according to payment periods as of December 31, 2021 Type of Supplier Up to 30 31 - 60 61 - 90 91 - 120 121 - 365 366 and Total ThUS$ Goods 148,045 1,799 1,425 - 120 3,813 155,202 Services 80,089 335 109 2 78 - 80,613 Others 31,949 - - - - - 31,949 Total 260,083 2,134 1,534 2 198 3,813 267,764 Amounts according to payment periods as of December 31, 2020 Type of Supplier Up to 30 31 - 60 61 - 90 91 - 120 121 - 365 366 and Total ThUS$ Goods 111,323 1,947 123 31 5 4,027 117,456 Services 46,187 1,380 16 757 86 - 48,426 Others 29,325 7 - - - - 29,332 Total 186,835 3,334 139 788 91 4,027 195,214 Suppliers past due on payments Amounts according to payment periods as of December 31, 2021 Type of Supplier Up to 30 31 - 60 61 - 90 91 - 120 121 - 365 366 and Total ThUS$ Goods 7,688 30 5 1 37 - 7,761 Services 4,055 108 533 34 181 - 4,911 Others 2,340 16 73 35 5 - 2,469 Total 14,083 154 611 70 223 - 15,141 Amounts according to payment periods as of December 31, 2020 Type of Supplier Up to 30 31 - 60 61 - 90 91 - 120 121 - 365 366 and Total ThUS$ Goods 1,305 59 47 39 517 - 1,967 Services 2,298 764 - 453 505 - 4,020 Others 3,258 150 371 118 2,275 - 6,172 Total 6,861 973 418 610 3,297 - 12,159 |
Disclosure of detailed information about categories of financial assets [Text Block] | a) Financial Assets As of December 31, 2021 As of December 31, 2020 Description of financial assets Current Non-current Total Current Non-current Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Cash and cash equivalent 1,515,051 - 1,515,051 509,102 - 509,102 Trade receivables due from related parties at amortized cost 86,152 - 86,152 62,601 - 62,601 Financial assets measured at amortized cost 905,170 91 905,261 345,459 80 345,539 Trade and other receivables 654,073 6,172 660,245 365,206 11,165 376,371 Total financial assets measured at amortized cost 3,160,446 6,263 3,166,709 1,282,368 11,245 1,293,613 Financial instruments for hedging purposes 12,625 245 12,870 - 37,276 37,276 Financial instruments held for trading 1,254 - 1,254 2,610 - 2,610 Financial assets classified as available for sale at fair value through equity - 8,932 8,932 - 14,569 14,569 Total financial assets at fair value 13,879 9,177 23,056 2,610 51,845 54,455 Total financial assets 3,174,325 15,440 3,189,765 1,284,978 63,090 1,348,068 |
Disclosure of detailed information about categories of financial liabilities [Text Block] | b) Financial Liabilities As of December 31, 2021 As of December 31, 2020 Description of financial liabilities Current Non-current Total Current Non-current Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ For hedging purposes through equity 8,954 72,900 81,854 26,699 13,511 40,210 Held for trading at fair value through profit or loss 1,672 - 1,672 5,393 - 5,393 Financial liabilities at fair value 10,626 72,900 83,526 32,092 13,511 45,603 Bank loans 85 69,613 69,698 82 69,376 69,458 Obligations to the public 40,594 2,445,219 2,485,813 36,781 1,816,626 1,853,407 Lease Liabilities 7,704 46,519 54,223 5,528 25,546 31,074 Trade and other payables 279,650 3,813 283,463 203,933 4,027 207,960 Trade payables due to related parties - - - 606 - 606 Total financial liabilities at amortized cost 328,033 2,565,164 2,893,197 246,930 1,915,575 2,162,505 Total financial liabilities 338,659 2,638,064 2,976,723 279,022 1,929,086 2,208,108 |
Disclosure of fair value measurement [text block] | As of December 31, 2021 Measurement Methodology Fair value measurement of assets and liabilities Carrying Amount at Fair value ( disclosure Fair value recognized Level 1 Level 2 Level 3 ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Financial Assets Cash and cash equivalents 1,515,051 1,515,051 - - 1,515,051 - Other current financial assets - Time deposits 905,170 905,170 - - 905,170 - - Derivative financial instruments - Forwards - - 1,031 - 1,031 - - Options - - 223 - 223 - - Hedging assets - - - - - - - Swaps - - 12,613 - 12,613 - Non-current accounts receivable 6,172 6,172 - - - - Other non-current financial assets: - Other 91 91 - - 91 - - Equity instruments - - 8,932 8,932 - - - Hedging assets – Swaps - - - - - - Other current financial liabilities - Bank borrowings 85 85 - - 85 - - Derivative instruments - - - - - - - Forwards - - 1,270 - 1,270 - - Options - - 402 - 402 - - Hedging liabilities – Swaps - - 8,954 - 8,954 - - Swaps hedges, investments - - - - - - - Unsecured obligations 40,594 40,594 - - 40,594 - - Current lease liabilities 7,704 7,704 - - 7,704 - Other non-current financial liabilities - Bank borrowings 69,613 70,497 - - 70,497 - - Unsecured obligations 2,445,219 2,871,005 - - 2,871,005 - - Non-current hedging liabilities - - 72,900 - 72,900 - - Non-current lease liabilities 46,519 34,521 - - 34,521 - As of December 31, 2020 Measurement Methodology Fair value measurement of assets and liabilities Carrying Amount at Fair value ( disclosure Fair value recognized Level 1 Level 2 Level 3 ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Financial Assets Cash and cash equivalents 509,102 509,102 - - 509,102 - Other current financial assets - Time deposits 345,459 345,459 - - 345,459 - - Derivative financial instruments - Forwards - - 2,263 - 2,263 - - Options - - 347 - 347 - Non-current accounts receivable 11,165 11,165 - - - - Other non-current financial assets: - Other 80 80 - - 80 - - Equity instruments - - 14,569 14,569 - - - Hedging assets – Swaps - - 37,276 - 37,276 - Other current financial liabilities - Bank borrowings 82 82 - - 82 - - Derivative instruments - - - - - - - Forwards - - 4,614 - 4,614 - - Options - - 780 - 780 - - Hedging liabilities – Swaps - - 5,695 - 5,695 - - Swaps - - 21,004 - 21,004 - - Unsecured obligations 36,781 36,781 - - 36,781 - - Current lease liabilities 5,528 5,528 - - 5,528 - Other non-current financial liabilities - Bank borrowings 69,376 71,029 - - 71,029 - - Unsecured obligations 1,816,626 2,355,943 - - 2,355,943 - - Non-current hedging liabilities - - 13,511 - 13,511 - - Non-current lease liabilities 25,546 26,027 - - 26,027 - |
Schedule of detailed information about net debt explanatory | Net debt As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Cash and cash equivalents 1,515,051 509,102 Other current financial assets 919,049 348,069 Other non-current financial hedge assets 245 37,276 Other current financial liabilities (51,305 ) (68,955 ) Lease liabilities, current (7,704 ) (5,528 ) Other non-current financial liabilities (2,587,732 ) (1,899,513 ) Non-current Lease liabilities (46,519 ) (25,546 ) Total (258,915 ) (1,105,095 ) |
Schedule of detailed information about changes in net debt explanatory | From cash flow Not from cash flow Net debt As of December 31, Amounts from Amounts from Other cash Hedging and non- Exchange rate Others As of December 31, 2021 ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Obligations with the public and bank loans (1,922,864 ) (685,130 ) 75,578 16,570 - 44,473 (84,138 ) (2,555,511 ) Current and non-current lease liabilities (31,074 ) 7,960 1,587 - - 181 (32,877 ) (54,223 ) Financial instruments derived from hedging 18,070 (760 ) 7,238 - (45,017 ) - (61,128 ) (81,597 ) Current and non-current financial liabilities (1,935,868 ) (677,930 ) 84,403 16,570 (45,017 ) 44,654 (178,143 ) (2,691,331 ) Cash and cash equivalents 509,102 - - 1,022,061 - (16,112 ) - 1,515,051 Deposits that do not qualify as cash and cash equivalents 345,459 - (2,747 ) 585,106 - (27,315 ) 4,667 905,170 Derivatives from hedge assets (21,004 ) - - 9,405 23,082 - 1,130 12,613 Derivatives from other financial non-hedge assets (2,784 ) - - (2,327 ) 4,693 - - (418 ) Total (1,105,095 ) (677,930 ) 81,656 1,630,815 (17,242 ) 1,227 (172,346 ) (258,915 ) F-100 Notes to the Consolidated Financial Statements From cash flow Not from cash flow Net debt As of December 31, 2019 Amounts from loans Amounts from interests Other cash income/expenses Hedging and non- hedging instruments Exchange rate differences Others As of December 31, 2020 ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Obligations with the public and bank loans (1,753,028 ) (136,692 ) 73,933 7,819 - (33,280 ) (81,616 ) (1,922,864 ) Current and non-current lease liabilities (37,897 ) 8,015 1133 0 - - (2,325 ) (31,074 ) Financial instruments derived from hedging (23,655 ) 814 7.634 0 37,371 - (4,094 ) 18,070 Current and non-current financial liabilities (1,814,580 ) (127,863 ) 82,700 7,819 37,371 (33,280 ) (88,035 ) (1,935,868 ) Cash and cash equivalents 588,530 - - (78,988 ) - (440 ) - 509,102 Deposits that do not qualify as cash and cash equivalents 485,689 - - (123,196 ) - (14,032 ) (3,002 ) 345,459 Derivatives from hedge assets 21,188 - (1,216 ) (39,290 ) (2,074 ) - 388 (21,004 ) Derivatives from other financial non-hedge assets (637 ) - - 10.071 (12,218 ) - - (2,784 ) Total (719,810 ) (127,863 ) 81,484 (223,584 ) 23,079 (47,752 ) (90,649 ) (1,105,095 ) |
Right-of-use assets and Lease_2
Right-of-use assets and Lease liabilities (Tables) | 12 Months Ended |
Dec. 31, 2021 | |
Presentation of leases for lessee [abstract] | |
Disclosure of quantitative information about right-of-use assets [text block] | 13.1 R Reconciliation of changes in Land Buildings Other Transport Supplies Office Network and Mining IT Energy Constructions Machinery, Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening Balance - 23,377 - 2,479 - - - - - - - 4,168 30,024 Additions 17,552 1,209 - 862 - - - - - - - 12,203 31,826 Depreciation expenses (199 ) (3,635 ) - (763 ) - - - - - - - (4,109 ) (8,706 ) Other increases / decreases - - - - - - - - - - - (536 ) (536 ) Total changes 17,353 (2,426 ) - 99 - - - - - - - 7,558 22,584 Closing balance 17,353 20,951 - 2,578 - - - - - - - 11,726 52,608 Reconciliation of changes in Land Buildings Other Transport Supplies Office Network and Mining IT Energy Constructions Machinery, Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening Balance - 25,742 - 3,356 - - - - - - - 8,066 37,164 Additions - 1,782 - - - - - - - - - 121 1,903 Depreciation expenses - (3,535 ) - (877 ) - - - - - - - (4,019 ) (8,431 ) Other increases / decreases - (612 ) - - - - - - - - - - (612 ) Total changes - (2,365 ) - (877 ) - - - - - - - (3,898 ) (7,140 ) Closing balance - 23,377 - 2,479 - - - - - - - 4,168 30,024 The Company’s lease activities included the following aspects: (a) The nature of the Company’s lease activities is related to contracts focused primarily on business operations, mainly rights-of-use to equipment and real estate, (b) The Company does not estimate any significant future cash outflows that would potentially expose the Company, and these are likewise not reflected in the measurement of lease liabilities, related to concepts such as: (i) Variable lease payments, (ii) Extennsion (c) These are not subject to restrictions or agreements imposed by contracts. |
Disclosure of lease liabilities by classification [Table Text Block] | As of December 31, 2021 As of December 31, 2020 Lease liabilities Current Non-Current Current Non-Current ThUS$ ThUS$ ThUS$ ThUS$ Lease liabilities 7,704 46,519 5,528 25,546 Total 7,704 46,519 5,528 25,546 |
Disclosure details of lease agreement [Table Text Block] | i) Current and non-current lease liabilities Debtor Creditor Tax ID No. Company Country TAX ID No. Supplier Country Contract Type of Maturity Effective rate 79.626.800-K SQM Salar S.A. Chile 83.776.000-3 Empresa Constructora Contex Ltda Chile UF Monthly 03-31-2025 5.39% 79.626.800-K SQM Salar S.A. Chile 76.327.820-4 Maquinaria Astudillo y Hermanos Limitada Chile UF Monthly 01-08-2026 2.89% 79.626.800-K SQM Salar S.A. Chile 76.146.110-9 Transportes, Construcción y Servicios Cribach Ltda Chile Peso Monthly 09-01-2020 8.93% 79.626.800-K SQM Salar S.A. Chile 76.065.017-K SKM Industrial Ltda. Chile Peso Monthly 06-01-2022 8.93% 79.626.800-K SQM Salar S.A. Chile 96.862.140-8 Ameco Chile S.A. Chile Peso Monthly 04-24-2021 4.07% 79.626.800-K SQM Salar S.A. Chile 76.327.820-4 Maquinaria Astudillo y Hermanos Limitada Chile Peso Monthly 11-24-2025 2.89% 79.626.800-K SQM Salar S.A. Chile 76.158.471-5 Sociedad Inmobiliaria Amaru SpA Chile UF Monthly 07-11-2023 2.00% 79.626.800-K SQM Salar S.A. Chile 76.327.820-4 Maquinaria Astudillo y Hermanos Ltda. Chile UF Monthly 06-01-2026 3,26 79.947.100-0 SQM Industrial S.A. Chile 96.856.400-5 El Trovador S.A. Chile UF Monthly 02-08-2030 3.10% 79.947.100-0 SQM Industrial S.A. Chile 76.976.580-8 Sociedad Comercial Grandleasing Chile Ltda Chile UF Monthly 08-26-2024 2.72% 79.947.100-0 SQM Industrial S.A. Chile 76.536.499-K Jungheinrich Rentalif SPA Chile UF Monthly 10-07-2024 3.49% 79.947.100-0 SQM Industrial S.A. Chile 76.320.186-4 Tecno Fast S.A. Chile UF Monthly 12-31-2022 1.44% 96.592.190-7 SQM Nitratos S.A. Chile 76.536.499-K Jungheinrich Rentalif SPA Chile UF Monthly 10-07-2024 3.49% 93.007.000-9 SQM S.A. Chile 76.536.499-K Jungheinrich Rentalif SPA Chile UF Monthly 10-07-2024 3.49% 79.768.170-9 Soquimich Comercial S.A. Chile 96.662.540-6 Containers Operators S.A. Chile UF Monthly 12-31-2022 0.81% 79.768.170-9 Soquimich Comercial S.A. Chile 76.729.932-K SAAM Logistics S.A. Chile UF Monthly 08-01-2022 0.81% Debtor Creditor Tax ID No. Company Country TAX ID No. Supplier Country Contract Type of Maturity Effective 79.768.170-9 Soquimich Comercial S.A. Chile 91.577.000-2 Muelles de Penco S.A. Chile UF Monthly 07-06-2023 1.30% 79.768.170-9 Soquimich Comercial S.A. Chile 91.577.000-2 Muelles de Penco S.A. Chile UF Monthly 07-06-2023 1.30% 79.768.170-9 Soquimich Comercial S.A. Chile 76.722.280-7 Inmobiliaria Chincui SPA Chile UF Monthly 05-01-2028 3.38% 79.768.170-9 Soquimich Comercial S.A. Chile 96.565.580-8 Compañía de Leasing Tattersall S.A. Chile UF Monthly 07-05-2025 2.97% 76.359.919-1 Orcoma Estudios SpA Chile 70.017.320-8 Obispado de Iquique Chile CLP Monthly 07-12-2036 6.16% 76.359.919-1 Orcoma Estudios SpA Chile 73.190.800-1 Comunidad Indígena Aymara Pueblo de Pisiga Choque Chile UF Monthly 07-12-2024 2.53% 76.359.919-1 Orcoma Estudios SpA Chile 6.848.218-6 Ruth del Carmen Cortez Maturana Chile Peso Monthly 07-12-2031 7.44% Foreign SQM North America Corp. USA Foreign Paces West LL. USA Dollar Monthly 12-31-2027 3.36% Foreign SQM North America Corp. USA Foreign Hawkins Nunmber One, LLC USA Dollar Monthly 08-31-2024 3.33% Foreign SQM North America Corp. USA Foreign Deep South Equipment Company USA Dollar Monthly 03-24-2024 1.33% Foreign SQM North America Corp. USA Foreign Tennant-South USA Dollar Monthly 07-02-2023 1.00% Foreign SQM Comercial de México S.A. de C.V. Mexico Foreign Onni Ensenada S.A. de C.V. Mexico Dollar Monthly 12-03-2026 3.45% Foreign SQM Comercial de México S.A. de C.V. Mexico Foreign Madol Inmobiliaria S.A. de C.V. Mexico Mexican Peso Monthly 10-31-2023 7.84% Foreign SQM Comercial de México S.A. de C.V. Mexico Foreign Madol Inmobiliaria S.A. de C.V. Mexico Mexican Peso Monthly 10-31-2023 7.84% Foreign SQM Europe N.V. Belgium Foreign Straatsburgdok N.V. Belgium Euro Monthly 03-31-2027 1.30% Foreign SQM Australia PTY Australia Foreign Eagle Petroleum (WA) Pty Ltd Australia Australian dollar Monthly 06-21-2022 5.00% Foreign SQM Australia PTY Australia Foreign The trust Company (Australia) Pty Ltd Australia Australian dollar Monthly 01-31-2021 3.60% Foreign SQM Australia PTY Australia Foreign Ausco Modular Pty Limited Australia Australian dollar Monthly 01-31-2023 5.00% Foreign SQM Australia PTY Australia Foreign Western Australian Land Authority Australia Australian dollar Monthly 08-31-2051 3.55% Foreign SQM Colombia S.A.S. Colombia Foreign Mareauto Colombia S.A.S. Colombia COP Monthly 12-18-2023 2.01% Foreign SQM Colombia S.A.S. Colombia Foreign Renting Colombia S.A. Colombia COP Monthly 10-16-2024 2.72% Foreign SQM Colombia S.A.S. Colombia Foreign Renting Colombia S.A. Colombia COP Monthly 12-27-2024 2.17% |
Disclosure details of current lease liabilities [Table Text Block] | (a) As of December 31, 2021, and 2020, current lease liabilities are analyzed as follows: Debtor Creditor Nominal amounts as of December 31,2021 Amounts at amortized cost as of December 31, 2021 Company Supplier Up to 90 days 90 days to 1 year Total Up to 90 days 90 days to 1 year Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Salar S.A. Empresa Constructora Contex Ltda 540 1,618 2,158 457 1,407 1,864 SQM Salar S.A. Maquinarias Industriales Astudillo Hermanos Ltda. 100 300 400 89 272 361 SQM Salar S.A. SKM Industrial Ltda. 202 135 337 197 133 330 SQM Salar S.A. Maquinarias Industriales Astudillo Hermanos Ltda. 48 145 193 43 132 175 SQM Salar S.A. Sociedad Inmobiliaria Amaru SpA 49 146 195 47 144 191 SQM Salar S.A. Maquinarias Industriales Astudillo Hermanos Ltda. 8 23 31 7 20 27 SQM Industrial S.A. El Trovador S.A. 466 1,399 1,865 364 1,110 1,474 SQM Industrial S.A. Sociedad Comercial Grandleasing Chile Ltda 180 541 721 168 512 680 SQM Industrial S.A. Jungheinrich Rentalift SpA 30 88 118 27 82 109 SQM Industrial S.A. Tecnofast 18 56 74 18 55 73 SQM Nitratos S.A. Jungheinrich Rentalift SpA 18 55 73 17 50 67 SQM S.A. Jungheinrich Rentalift SpA 20 59 79 18 55 73 Orcoma Estudios SpA Obispado de Iquique 1 4 5 1 1 2 Orcoma Estudios SpA Comunidad Indígena Aymara Pueblo de Pisiga Choque 1 5 6 1 4 5 Orcoma Estudios SpA Ruth del Carmen Cortez Maturana 1 3 4 1 1 2 Soquimich Comercial S.A. Container Operators S.A. 86 257 343 85 257 342 Soquimich Comercial S.A. Muelles de Penco S.A. 41 124 165 41 122 163 Soquimich Comercial S.A. Muelles de Penco S.A. 44 134 178 44 131 175 Soquimich Comercial S.A. Inmobiliaria Chincui SPA 157 471 628 127 388 515 Soquimich Comercial S.A. Compañía de Leasing Tattersall S.A. 58 174 232 52 161 213 SQM North America Corp. Paces West LL. 55 168 223 44 138 182 SQM North America Corp. Hawkins Nunmber One, LLC 32 98 130 30 91 121 SQM North America Corp. Deep South Equipment Company 1 4 5 1 4 5 SQM North America Corp. Tennant- South 2 4 6 1 5 6 SQM Comercial de México S.A. de C.V. Onni Ensenada S.A. de C.V. 99 296 395 84 254 338 SQM Comercial de México S.A. de C.V. Madol Inmobiliaria S.A. de C.V. 20 58 78 17 53 70 SQM Comercial de México S.A. de C.V. Madol Inmobiliaria S.A. de C.V. 7 21 28 6 19 25 SQM Europe N.V. Straatsburgdok N.V. 102 306 408 95 288 383 SQM Australia PTY Ausco Modular Pty Limited 9 25 34 8 24 32 SQM Australia PTY Western Australian Land Authority (52 ) (227 ) (279 ) (103 ) (244 ) (347 ) SQM Australia PTY Eagle Petroleum (WA) Pty Ltd 5 6 11 3 8 11 SQM Australia PTY Knight Frank 12 - 12 12 - 12 SQM Colombia S.A.S. Mareauto Colombia S.A.S. 2 4 6 2 4 6 SQM Colombia S.A.S. Renting Colombia S.A. 2 7 9 2 7 9 SQM Colombia S.A.S. Renting Colombia S.A. 3 7 10 3 7 10 Total 2,367 6,514 8,881 2,009 5,695 7,704 Debtor Creditor Nominal amounts as of December 31,2020 Amounts at amortized cost as of December 31, 2020 Company Supplier Up to 90 days 90 days to 1 year Total Up to 90 days 90 days to 1 year Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Salar S.A. Empresa Constructora Contex Ltda 536 - 536 536 - 536 SQM Salar S.A. Transportes, Construcción y Servicios Cribach Ltda - - - - - - SQM Salar S.A. SKM Industrial Ltda. 202 607 809 181 566 747 SQM Salar S.A. Ameco Chile S.A. 135 - 135 134 - 134 SQM Industrial S.A. El Trovador S.A. 466 1,399 1,865 353 1,076 1,429 SQM Industrial S.A. Sociedad Comercial Grandleasing Chile Ltda 180 540 720 164 498 662 Soquimich Comercial S.A. SAAM Logistics S.A. - - - - - - Soquimich Comercial S.A. Muelles de Penco S.A. 41 124 165 54 107 161 Soquimich Comercial S.A. Muelles de Penco S.A. 44 133 177 57 115 172 Soquimich Comercial S.A. Inmobiliaria Chincui SPA 157 471 628 123 376 499 Soquimich Comercial S.A. Compañía de Leasing Tattersall S.A. 55 18 73 54 18 72 SQM North America Corp. Paces West LL. 53 163 216 41 128 169 SQM North America Corp. Hawkins Nunmber One, LLC 31 96 127 28 85 113 SQM Comercial de México S.A. de C.V. Onni Ensenada S.A. de C.V. 99 296 395 81 246 327 SQM Comercial de México S.A. de C.V. Madol Inmobiliaria S.A. de C.V. 20 59 79 16 49 65 SQM Comercial de México S.A. de C.V. Madol Inmobiliaria S.A. de C.V. 7 21 28 6 18 24 SQM Europe N.V. Straatsburgdok N.V. 91 302 393 83 279 362 SQM Australia PTY The trust Company (Australia) Pty Ltd 14 42 56 14 42 56 Total 2,131 4,271 6,402 1,925 3,603 5,528 |
Disclosure details of non current lease liabilities [Table Text Block] | (b) As of December 31, 2021 and 2020, the non-current lease liabilities are analyzed as follows: Debtor Creditor Nominal amounts as of December 31,2021 Amounts at amortized cost as of December 31, 2021 Company Supplier 1-2 Years 2-3 Years 3-4 Years Total 1-2 Years 2-3 Years 3-4 Years Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Salar S.A. Empresa Constructora Contex Ltda 4,317 540 - 4,857 4,036 535 - 4,571 SQM Salar S.A. Maquinarias Industriales Astudillo Hermanos Ltda. 800 434 - 1,234 754 426 - 1,180 SQM Salar S.A. SKM Industrial Ltda. - - - - - - - - SQM Salar S.A. Maquinarias Industriales Astudillo Hermanos Ltda. 386 177 - 563 365 174 - 539 SQM Salar S.A. Sociedad Inmobiliaria Amaru SpA 98 - - 98 97 - - 97 SQM Salar S.A. Maquinarias Industriales Astudillo Hermanos Ltda. 62 44 - 106 57 43 - 100 SQM Industrial S.A. El Trovador S.A. 3,730 5,594 4,040 13,364 3,086 4,997 3,905 11,988 SQM Industrial S.A. Sociedad Comercial Grandleasing Chile Ltda 1,141 - - 1,141 1,115 - - 1,115 SQM Industrial S.A. Jungheinrich Rentalift SpA 216 - - 216 209 - - 209 SQM Industrial S.A. Tecnofast - - - - - - - - SQM Nitratos S.A. Jungheinrich Rentalift SpA 134 - - 134 129 - - 129 SQM S.A. Jungheinrich Rentalift SpA 145 - - 145 141 - - 141 Orcoma Estudios SpA Obispado de Iquique 10 14 41 65 5 8 32 45 Orcoma Estudios SpA Comunidad Indígena Aymara Pueblo de Pisiga Choque 8 - - 8 8 - - 8 Orcoma Estudios SpA Ruth del Carmen Cortez Maturana 8 12 14 34 5 8 12 25 Soquimich Comercial S.A. Container Operators S.A. - - - - - - - - Soquimich Comercial S.A. Muelles de Penco S.A. 96 - - 96 96 - - 96 Soquimich Comercial S.A. Muelles de Penco S.A. 104 - - 104 103 - - 103 Soquimich Comercial S.A. Inmobiliaria Chincui SPA 1,255 1,883 261 3,399 1,082 1,766 259 3,107 Soquimich Comercial S.A. Compañía de Leasing Tattersall S.A. 465 116 - 581 444 115 - 559 SQM North America Corp. Paces West LL. 465 752 - 1,217 403 714 - 1,117 SQM North America Corp. Hawkins Nunmber One, LLC 224 - - 224 217 - - 217 SQM North America Corp. Deep South Equipment Company 6 - - 6 6 - - 6 SQM North America Corp. Tennant- South 3 - - 3 3 - - 3 SQM Comercial de México S.A. de C.V. Onni Ensenada S.A. de C.V. 789 756 - 1,545 713 731 - 1,444 SQM Comercial de México S.A. de C.V. Madol Inmobiliaria S.A. de C.V. 65 - - 65 63 - - 63 SQM Comercial de México S.A. de C.V. Madol Inmobiliaria S.A. de C.V. 24 - - 24 23 - - 23 SQM Europe N.V. Straatsburgdok N.V. 844 1,015 - 1,859 807 1,000 - 1,807 SQM Australia PTY Ausco Modular Pty Limited 15 - - 15 15 - - 15 SQM Australia PTY Western Australian Land Authority 1,184 2,995 24,724 28,903 (86 ) 1,146 16,710 17,770 SQM Colombia S.A.S. Mareauto Colombia S.A.S. 6 - - 6 6 - - 6 SQM Colombia S.A.S. Renting Colombia S.A. 15 - - 15 15 - - 15 SQM Colombia S.A.S. Renting Colombia S.A. 21 - - 21 21 - - 21 Total 16,636 14,332 29,080 60,048 13,938 11,663 20,918 46,519 F-107 Notes to the Consolidated Financial Statements Debtor Creditor Nominal amounts as of December 31,2020 Amounts at amortized cost as of December 31, 2020 Company Supplier 1-2 Years 2-3 Years 3-4 Years Total 1-2 Years 2-3 Years 3-4 Years Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Salar S.A. Empresa Constructora Contex Ltda - - - - - - - - SQM Salar S.A. Transportes, Construcción y Servicios Cribach Ltda - - - - - - - - SQM Salar S.A. SKM Industrial Ltda. 337 - - 337 330 - - 330 SQM Salar S.A. Ameco Chile S.A. - - - - - - - - SQM Industrial S.A. El Trovador S.A. 3,730 5,594 5,905 15,229 2,993 4,847 5,622 13,462 SQM Industrial S.A. Sociedad Comercial Grandleasing Chile Ltda 1,441 420 - 1,861 1,379 417 - 1,796 Soquimich Comercial S.A. SAAM Logistics S.A. - - - - - - - - Soquimich Comercial S.A. Muelles de Penco S.A. 262 - - 262 163 96 - 259 Soquimich Comercial S.A. Muelles de Penco S.A. 281 - - 281 175 103 - 278 Soquimich Comercial S.A. Inmobiliaria Chincui SPA 1,255 1,883 889 4,027 1,047 1,707 867 3,621 Soquimich Comercial S.A. Compañía de Leasing Tattersall S.A. - - - - - - - - SQM North America Corp. Paces West LL. 452 730 258 1,440 377 668 253 1,298 SQM North America Corp. Hawkins Nunmber One, LLC 263 90 - 353 249 89 - 338 SQM Comercial de México S.A. de C.V. Onni Ensenada S.A. de C.V. 789 1,151 - 1,940 689 1,094 - 1,783 SQM Comercial de México S.A. de C.V. Madol Inmobiliaria S.A. de C.V. 144 - - 144 133 - - 133 SQM Comercial de México S.A. de C.V. Madol Inmobiliaria S.A. de C.V. 52 - - 52 48 - - 48 SQM Europe N.V. Straatsburgdok N.V. 816 1,339 113 2,268 768 1,308 113 2,189 SQM Australia PTY The trust Company (Australia) Pty Ltd 11 - - 11 11 - - 11 Total 9,833 11,207 7,165 28,205 8,362 10,329 6,855 25,546 |
Intangible assets and goodwill
Intangible assets and goodwill (Tables) | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure Of Intangible Assets And Goodwill [Abstract] | |
Disclosure of detailed information about intangible assets and goodwill explanatory [Text Block] | As of December 31, 2021 Intangible assets and goodwill Useful life Net Value ThUS$ IT programs Finite 3,447 Mining rights Finite 149,532 Water rights and rights of way Indefinite 4,909 Water rights Finite 15,158 Customer-related intangible assets Finite - Intellectual property Finite 6,481 Other intangible assets Finite 131 Intangible assets other than goodwill 179,658 Goodwill Indefinite 34,596 Total Intangible Asset 214,254 As of December 31, 2020 Intangible assets and goodwill Useful life Net Value ThUS$ IT programs Finite 4,826 Mining rights Finite 150,046 Water rights and rights of way Indefinite 5,343 Water rights Finite 18,000 Customer-related intangible Finite - Other intangible assets Finite 192 Intangible assets other than goodwill 178,407 Goodwill Indefinite 41,966 Total Intangible Asset 220,373 |
Disclosure of reconciliation of changes in intangible assets and goodwill [text block] | a) Movements in identifiable intangible assets as of December 31, 2021: Gross Value IT programs Mining rights, Water rights, Water rights Finite Customer- Intellectual Other intangible Goodwill Identifiable ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening Balance 35,281 160,496 7,424 18,000 1,778 - 2,274 45,500 270,753 Additions 296 344 - - - - 9 - 649 Other increases / decreases for foreign currency exchange rates (19 ) 2,283 (4 ) - - - (6 ) - 2,254 Impairment losses recognized in profit or loss for the year - - - - - - - - - Decrease for classification as held for sale - - - - - - - - - Transferred from available for sale - 16 - - - - - - 16 Other increases (decreases) 58 (246 ) - - - 7,370 - (7,370 ) (188 ) Total increases (decreases) 335 2,397 (4 ) - - 7,370 3 (7,370 ) 2,731 Closing balance 35,616 162,893 7,420 18,000 1,778 7,370 2,277 38,130 273,484 Accumulated amortization and impairment IT programs Mining rights, Water rights, Water rights Finite Customer- Intellectual Other intangible Goodwill Identifiable ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening Balance (30,455 ) (10,450 ) (2,081 ) - (1,778 ) - (2,082 ) (3,534 ) (50,380 ) Other increases / decreases for foreign currency exchange rates 2 - - - - - - - 2 Other increases (decreases) - - - - - - - - - Impairment losses recognized in profit for the year (1) - (48 ) (430 ) - - - - - (478 ) Amortization (1,716 ) (2,863 ) - (2,842 ) - (889 ) (64 ) - (8,374 ) Total increases (decreases) (1,714 ) (2,911 ) (430 ) (2,842 ) - (889 ) (64 ) - (8,850 ) Closing balance (32,169 ) (13,361 ) (2,511 ) (2,842 ) (1,778 ) (889 ) (2,146 ) (3,534 ) (59,230 ) (1) See Note 21.5 Net value IT programs Mining rights, Water rights, Water rights Finite Customer- Intellectual Other intangible Goodwill Identifiable ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening Balance 4,826 150,046 5,343 18,000 - - 192 41,966 220,373 Additions 296 344 - - - - 9 - 649 Amortization (1,716 ) (2,863 ) - (2,842 ) - (889 ) (64 ) - (8,374 ) Impairment losses recognized in profit for the year - (48 ) (430 ) - - - - - (478 ) Other increases / decreases for foreign currency exchange rates (17 ) 2,283 (4 ) - - - (6 ) - 2,256 Decreases through sale - - - - - - - - - Transferred from available for sale - 16 - - - - - - 16 Other increases (decreases) 58 (246 ) - - - 7,370 - (7,370 ) (188 ) Total increases (decreases) (1,379 ) (514 ) (434 ) (2,842 ) - 6,481 (61 ) (7,370 ) (6,119 ) Closing balance 3,447 149,532 4,909 15,158 - 6,481 131 34,596 214,254 Movements in identifiable intangible assets as of December 31, 2020: Gross Value IT programs Mining rights, Finite Water rights, and rights of way, Indefinite Customer- related intangible assets Other intangible assets Goodwill Identifiable intangible assets ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening Balance 34,471 158,337 25,423 1,778 2,188 38,120 260,317 Additions 508 2,295 - - 72 7,380 10,255 Other increases / decreases for foreign currency exchange rates 5 - 1 - - - 6 Decreases through sale - (136 ) - - - - (136 ) Other increases (decreases) 297 - - - 14 - 311 Total increases (decreases) 810 2,159 1 - 86 7,380 10,436 Closing balance 35,281 160,496 25,424 1,778 2,274 45,500 270,753 Accumulated amortization and impairment intangible assets IT programs Mining rights, Finite Water rights, and rights of way, Indefinite Customer- related intangible assets Other intangible assets Goodwill Identifiable intangible assets ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening Balance (28,460 ) (767 ) (2,081 ) (505 ) (2,026 ) (3,394 ) (37,233 ) Other increases / decreases for foreign currency exchange rates - - - - - - - Other increases (decreases) - (2 ) - - - - (2 ) Impairment losses recognized in profit for the year (14 ) (654 ) - (990 ) - (140 ) (1,798 ) Amortization (1,981 ) (9,027 ) - (283 ) (56 ) - (11,347 ) Total increases (decreases) (1,995 ) (9,683 ) - (1,273 ) (56 ) (140 ) (13,147 ) Closing balance (30,455 ) (10,450 ) (2,081 ) (1,778 ) (2,082 ) (3,534 ) (50,380 ) Net value IT programs Mining rights, Finite Water rights, and rights of way, Indefinite Customer- related intangible assets Other intangible assets Goodwill Identifiable intangible assets ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening Balance 6,011 157,570 23,342 1,273 162 34,726 223,084 Additions 508 2,295 - - 72 7,380 10,255 Amortization (1,981 ) (9,027 ) - (283 ) (56 ) - (11,347 ) Impairment losses recognized in profit for the year (14 ) (654 ) - (990 ) - (140 ) (1,798 ) Other increases / decreases for foreign currency exchange rates 5 - 1 - - - 6 Decreases through sale - (136 ) - - - - (136 ) Other increases (decreases) 297 (2 ) - - 14 - 309 Total increases (decreases) (1,185 ) (7,524 ) 1 (1,273 ) 30 7,240 (2,711 ) Closing balance 4,826 150,046 23,343 - 192 41,966 220,373 |
Disclosure of reconciliation of changes in goodwill | (b) Movements in identifiable goodwill as of December 31, 2021: Gross Value Movements in identifiable goodwill Opening balance Additional recognition Reclassification to intangible assets Total increase (decrease) Goodwill at end of period ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Industrial S.A. 3,214 - - - 3,214 SQM S.A. 22,255 - - - 22,255 SQM Iberian S.A. 148 - - - 148 SQM Investment Corporation 86 - - - 86 Soquimich Comercial S.A. 320 - - - 320 Soquimich European Holding B.V. 11,383 - - - 11,383 SQM Holland B.V. 7,370 - - (7,370 ) - SQM Potasio S.A. 724 - - - 724 Total increases (decreases) 45,500 - - (7,370 ) 38,130 Closing balance 45,500 - - (7,370 ) 38,130 (*) The measurement of assets and liabilities related to the acquisition of the WNSPK (see Note 7) was completed in 2021 and as a result, Th$7,370 was identified as intellectual property and reclassified from goodwill accordingly. Accumulated impairment Movements in identifiable goodwill Opening balance Additional recognition Reclassification to intangible assets Total increase (decrease) Goodwill at end of period ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Industrial S.A. (3,214 ) - - - (3,214 ) SQM S.A. - - - - - SQM Iberian S.A. - - - - - SQM Investment Corporation - - - - - Soquimich Comercial S.A. (320 ) - - - (320 ) Soquimich European Holding B.V. - - - - - SQM Holland B.V. - - - - - SQM Potasio S.A. - - - - - Total increases (decreases) (3,534 ) - - - (3,534 ) Closing balance (3,534 ) - - - (3,534 ) Net Value Movements in identifiable goodwill Opening balance Additional recognition Reclassification to intangible assets Total increase (decrease) Goodwill at end of period ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Industrial S.A. - - - - - SQM S.A. 22,255 - - - 22,255 SQM Iberian S.A. 148 - - - 148 SQM Investment Corporation 86 - - - 86 Soquimich Comercial S.A. - - - - - Soquimich European Holding B.V. 11,383 - - - 11,383 SQM Holland B.V. 7,370 - - (7,370 ) - SQM Potasio S.A. 724 - - - 724 Total increases (decreases) 41,966 - - (7,370 ) 34,596 Closing balance 41,966 - - (7,370 ) 34,596 Movements in identifiable goodwill as of December 31, 2020 Gross Value Movements in identifiable goodwill Opening balance Additional recognition Impairment losses recognized Total increase (decrease) Goodwill at end of period ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Industrial S.A. 3,214 - - - 3,214 SQM S.A. 22,255 - - - 22,255 SQM Iberian S.A. 148 - - - 148 SQM Investment Corporation 86 - - - 86 Soquimich Comercial S.A. 320 - - - 320 Soquimich European Holding B.V. 11,373 10 - 10 11,383 SQM Holland B.V. - 7,370 - 7,370 7,370 SQM Potasio S.A. 724 - - - 724 Total increases (decreases) 38,120 7,380 - 7,380 45,500 Closing balance 38,120 7,380 - 7,380 45,500 Accumulated impairment Movements in identifiable goodwill Opening balance Additional recognition Impairment losses recognized Total increase (decrease) Goodwill at end of period ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Industrial S.A. (3,214 ) - - - (3,214 ) SQM S.A. - - - - - SQM Iberian S.A. - - - - - SQM Investment Corporation - - - - - Soquimich Comercial S.A. (180 ) - (140 ) (140 ) (320 ) Soquimich European Holding B.V. - - - - - SQM Holland B.V. - - - - - SQM Potasio S.A. - - - - - Total increases (decreases) (3,394 ) - (140 ) (140 ) (3,534 ) Closing balance (3,394 ) - (140 ) (140 ) (3,534 ) Net Value Movements in identifiable goodwill Opening balance Additional recognition Impairment losses recognized Total increase (decrease) Goodwill at end of period ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Industrial S.A. - - - - - SQM S.A. 22,255 - - - 22,255 SQM Iberian S.A. 148 - - - 148 SQM Investment Corporation 86 - - - 86 Soquimich Comercial S.A. 140 - (140 ) (140 ) - Soquimich European Holding B.V. 11,373 10 - 10 11,383 SQM Holland B.V. - 7,370 - 7,370 7,370 SQM Potasio S.A. 724 - - - 724 Total increases (decreases) 34,726 7,380 (140 ) 7,240 41,966 Closing balance 34,726 7,380 (140 ) 7,240 41,966 |
Property, plant and equipment (
Property, plant and equipment (Tables) | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure of detailed information about property, plant and equipment [abstract] | |
Disclosure of detailed information about property, plant and equipment [text block] | 15.1 T Description of types of property, plant and equipment As of December 31, 2021 As of December 31, ThUS$ ThUS$ Property, plant and equipment, net Land 23,507 23,579 Buildings 270,563 239,666 Other property, plant and equipment 32,846 35,418 Transport equipment 2,463 2,880 Supplies and accessories 5,556 4,183 Office equipment 1,386 459 Network and communication equipment 1,359 1,272 Mining assets 38,241 47,052 IT equipment 3,570 4,083 Energy generating assets 3,970 4,878 Constructions in progress 731,787 486,345 Machinery, plant and equipment 896,977 887,504 Total 2,012,225 1,737,319 Property, plant and equipment, gross Land 23,507 23,579 Buildings 767,096 705,089 Other property, plant and equipment 239,582 234,238 Transport equipment 13,357 13,030 Supplies and accessories 28,786 26,101 Office equipment 12,943 11,607 Network and communication equipment 9,577 8,951 Mining assets 195,889 194,562 IT equipment 30,456 29,629 Energy generating assets 38,540 38,540 Constructions in progress 731,787 486,345 Machinery, plant and equipment 3,464,881 3,304,061 Total 5,556,401 5,075,732 Accumulated depreciation and value impairment of property, plant and equipment, total Accumulated depreciation and impairment of buildings (496,533 ) (465,423 ) Accumulated depreciation and impairment of other property, plant and equipment (206,736 ) (198,820 ) Accumulated depreciation and impairment of transport equipment (10,894 ) (10,150 ) Accumulated depreciation and impairment of supplies and accessories (23,230 ) (21,918 ) Accumulated depreciation and impairment of office equipment (11,557 ) (11,148 ) Accumulated depreciation and impairment of network and communication equipment (8,218 ) (7,679 ) Accumulated depreciation and impairment of mining assets (157,648 ) (147,510 ) Accumulated depreciation and impairment of IT equipment (26,886 ) (25,546 ) Accumulated depreciation and impairment of energy generating assets (34,570 ) (33,662 ) Accumulated depreciation and impairment of machinery, plant and equipment (2,567,904 ) (2,416,557 ) Total (3,544,176 ) (3,338,413 ) Description of classes of property, plant and equipment As of December 31, 2021 As of December 31, ThUS$ ThUS$ Property, plant and equipment, net Pumps 28,889 28,184 Conveyor Belt 18,294 20,117 Crystallizer 20,189 22,145 Plant Equipment 168,370 173,335 Tanks 22,358 15,367 Filter 41,438 35,553 Electrical equipment/facilities 97,594 93,937 Other Property, Plant & Equipment 71,150 49,930 Site Closure 34,248 36,828 Piping 106,317 102,578 Well 202,982 226,347 Pond 42,547 41,906 Spare Parts (1) 42,601 41,277 Total 896,977 887,504 (1) The reconciliation of the spare parts provision as of December 31, 2021 and 2020 is as follows: Conciliation As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Opening balance 42,881 39,265 Increase in provision 5,381 3,616 Closing balance 48,262 42,881 |
Disclosure of reconciliation of changes in property, plant and equipment [Text Block] | 15.2 R of changes in property, plant and equipment by type: Reconciliation of changes in property, plant and equipment by class as of December 31, 2021 and 2020: Reconciliation of changes in property, Land Buildings Other Transport Supplies Equipment Network and Mining IT Energy Assets Machinery, Property, ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening balance 23,579 705,089 234,238 13,030 26,101 11,607 8,951 194,562 29,629 38,540 486,345 3,304,061 5,075,732 Additions - - 346 - - 29 58 - 232 - 470,112 756 471,533 Disposals - - - - - - - - - - - - - Increase (decrease) in foreign currency translation difference (72 ) (152 ) (8 ) (3 ) (14 ) (3 ) - - (9 ) - - (166 ) (427 ) Reclassifications - 62,185 5,009 342 2,699 1,310 553 1,327 510 - (224,945 ) 155,900 4,890 Other increases (decreases) - (26 ) (3 ) (12 ) - - 15 - 94 - 275 4,330 4,673 Decreases for classification as held for sale - - - - - - - - - - - - - Total changes (72 ) 62,007 5,344 327 2,685 1,336 626 1,327 827 - 245,442 160,820 480,669 Closing balance 23,507 767,096 239,582 13,357 28,786 12,943 9,577 195,889 30,456 38,540 731,787 3,464,881 5,556,401 Reconciliation of changes in property, Land Buildings Other Transport Supplies Equipment Network and Mining IT Energy Assets Machinery, Property, ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening balance - (465,423 ) (198,820 ) (10,150 ) (21,918 ) (11,148 ) (7,679 ) (147,510 ) (25,546 ) (33,662 ) - (2,416,557 ) (3,338,413 ) Changes Disposals - - - - - - - - - - - - - Depreciation expense - (30,872 ) (7,848 ) (759 ) (1,384 ) (383 ) (539 ) (10,138 ) (1,387 ) (908 ) - (141,460 ) (195,678 ) Impairment (3) - (456 ) (75 ) - (16 ) (8 ) - - (8 ) - - (5,019 ) (5,582 ) Increase (decrease) in foreign currency translation difference - 72 7 3 14 2 - - 9 - - 97 204 Reclassifications - 106 (1 ) 12 74 (20 ) - - 47 - - (5,108 ) (4,890 ) Other increases (decreases) (1) - 40 1 - - - - - (1 ) - - 143 183 Decreases for classification as held for sale - - - - - - - - - - - - - Total changes - (31,110 ) (7,916 ) (744 ) (1,312 ) (409 ) (539 ) (10,138 ) (1,340 ) (908 ) - (151,347 ) (205,763 ) Closing balance - (496,533 ) (206,736 ) (10,894 ) (23,230 ) (11,557 ) (8,218 ) (157,648 ) (26,886 ) (34,570 ) - (2,567,904 ) (3,544,176 ) Reconciliation of changes in property, Land Buildings Other Transport Supplies Equipment Network and Mining IT Energy Assets Machinery, Property, ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening balance 23,579 239,666 35,418 2,880 4,183 459 1,272 47,052 4,083 4,878 486,345 887,504 1,737,319 Additions - - 346 - - 29 58 - 232 - 470,112 756 471,533 Disposals - - - - - - - - - - - - - Depreciation expense - (30,872 ) (7,848 ) (759 ) (1,384 ) (383 ) (539 ) (10,138 ) (1,387 ) (908 ) - (141,460 ) (195,678 ) Impairment (3) - (456 ) (75 ) - (16 ) (8 ) - - (8 ) - - (5,019 ) (5,582 ) Increase (decrease) in foreign currency translation difference (72 ) (80 ) (1 ) - - (1 ) - - - - - (69 ) (223 ) Reclassifications - 62,291 5,008 354 2,773 1,290 553 1,327 557 - (224,945 ) 150,792 - Other increases (decreases) (1) - 14 (2 ) (12 ) - - 15 - 93 - 275 4,473 4,856 Decreases for classification as held for sale (2) - - - - - - - - - - - - - Total changes (72 ) 30,897 (2,572 ) (417 ) 1,373 927 87 (8,811 ) (513 ) (908 ) 245,442 9,473 274,906 Closing balance 23,507 270,563 32,846 2,463 5,556 1,386 1,359 38,241 3,570 3,970 731,787 896,977 2,012,225 (1) The net balance of “Other Increases (Decreases)” corresponds to all those items that are reclassified to or from “Property, Plant and Equipment”, They can have the following origin: (i) work in progress which is expensed to profit or loss, forming part of operating costs or other expenses per function, as appropriate; (ii) the variation representing the purchase and use of materials and spare parts; (iii) projects corresponding mainly to exploration expenditures and ground studies that are reclassified to the item other non-current financial assets; (iv) software that is reclassified to “Intangibles (v) Provisions related to the investment plan and assets related to closing the site. (2) The Company classifies as non-current held for sale property, plant and equipment (disposal group) that, at the closing date of the financial statements, is subject to a commitment for sale or where the sales process has been initiated and where the sale is expected to occur within twelve months of that date. These assets or disposal groups are valued at the lower of carrying amount or the estimated sales value less the costs to sell and stop being amortized from the moment they are classified as non-current assets held for sale. (3) See note 21.5. Reconciliation of changes in property, Land Buildings Other Transport Supplies Equipment Network and Mining IT Energy Assets Machinery, Property, ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening balance 23,620 666,027 257,247 12,143 25,531 11,441 8,009 161,619 28,693 38,495 375,316 3,142,461 4,750,602 Additions - 838 278 - 82 33 386 - 429 - 319,192 987 322,225 Disposals - - (33,048 ) - (1 ) - - - - - - (149 ) (33,198 ) Increase (decrease) in foreign currency translation difference 22 49 2 1 5 - - - 12 - - 53 144 Reclassifications - 32,179 9,940 886 488 133 558 32,943 548 45 (203,412 ) 125,692 - Other increases (decreases) (27 ) 5,996 (181 ) - (4 ) - (2 ) - (53 ) - (4,751 ) 35,017 35,995 Decreases for classification as held for sale (36 ) - - - - - - - - - - - (36 ) Total changes (41 ) 39,062 (23,009 ) 887 570 166 942 32,943 936 45 111,029 161,600 325,130 Closing balance 23,579 705,089 234,238 13,030 26,101 11,607 8,951 194,562 29,629 38,540 486,345 3,304,061 5,075,732 Reconciliation of changes in property, Land Buildings Other Transport Supplies Equipment Network and Mining IT Energy Assets Machinery, Property, ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening balance - (438,854 ) (224,602 ) (9,457 ) (20,952 ) (11,021 ) (7,346 ) (138,445 ) (24,334 ) (32,497 ) - (2,273,188 ) (3,180,696 ) Changes Disposals - - 33,048 - 1 - - - - - - 148 33,197 Depreciation expense - (26,779 ) (7,284 ) (692 ) (966 ) (126 ) (335 ) (9,065 ) (1,242 ) (1,165 ) - (134,230 ) (181,884 ) Impairment - (23 ) (21 ) - - - - - (12 ) - - (9,507 ) (9,563 ) Increase (decrease) in foreign currency translation difference - (20 ) (2 ) (1 ) (4 ) (1 ) - - (10 ) - - (28 ) (66 ) Reclassifications - - - - - - - - - - - - - Other increases (decreases) (1) - 253 41 - 3 - 2 - 52 - - 248 599 Decreases for classification as held for sale - - - - - - - - - - - - - Total changes - (26,569 ) 25,782 (693 ) (966 ) (127 ) (333 ) (9,065 ) (1,212 ) (1,165 ) - (143,369 ) (157,717 ) Closing balance - (465,423 ) (198,820 ) (10,150 ) (21,918 ) (11,148 ) (7,679 ) (147,510 ) (25,546 ) (33,662 ) - (2,416,557 ) (3,338,413 ) Reconciliation of changes in property, Land Buildings Other Transport Supplies Equipment Network and Mining IT Energy Assets Machinery, Property, ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening balance 23,620 227,173 32,645 2,686 4,579 420 663 23,174 4,359 5,998 375,316 869,273 1,569,906 Additions - 838 278 - 82 33 386 - 429 - 319,192 987 322,225 Disposals - - - - - - - - - - - (1 ) (1 ) Depreciation expense - (26,779 ) (7,284 ) (692 ) (966 ) (126 ) (335 ) (9,065 ) (1,242 ) (1,165 ) - (134,230 ) (181,884 ) Deterioration - (23 ) (21 ) - - - - - (12 ) - - (9,507 ) (9,563 ) Increase (decrease) in foreign currency translation difference 22 29 - - 1 (1 ) - - 2 - - 25 78 Reclassifications - 32,179 9,940 886 488 133 558 32,943 548 45 (203,412 ) 125,692 - Other increases (decreases) (1) (27 ) 6,249 (140 ) - (1 ) - - - (1 ) - (4,751 ) 35,265 36,594 Decreases for classification as held for sale (2) (36 ) - - - - - - - - - - - (36 ) Total changes (41 ) 12,493 2,773 194 (396 ) 39 609 23,878 (276 ) (1,120 ) 111,029 18,231 167,413 Closing balance 23,579 239,666 35,418 2,880 4,183 459 1,272 47,052 4,083 4,878 486,345 887,504 1,737,319 (1) The net balance of “Other increases (Decreases)” corresponds to all those items that are reclassified to or from property, plant and equipment, They can have the following origin: (i) work in progress which is expensed to profit or loss, forming part of operating costs or other expenses per function, as appropriate; (ii) the variation representing the purchase and use of materials and spare parts; (iii) projects corresponding mainly to exploration expenditures and ground studies that are reclassified to the item other non-current financial assets; (iv) software that is reclassified to “Intangibles”, (v) Provisions related to the investment plan and assets associated to closing the site. (2) The Company classifies as non-current held for sale property, plant and equipment (disposal group) that, at the closing date of the financial statements, is subject to a commitment for sale or where the sales process has been initiated and where the sale is expected to occur within twelve months of that date. These assets or disposal groups are valued at the lower of carrying amount or the estimated sales value less the costs to sell and stop being amortized from the moment they are classified as non-current assets held for sale. |
Disclosure of rates and costs for capitalized interest of property, plant and equipment [Text Block] | The rates and costs for capitalized interest of property, plant and equipment are detailed as follows: Costs of capitalized interest As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Capitalized interest rate 4 % 4 % Amount of interest cost capitalized 14,206 8,462 |
Other current and non-current_2
Other current and non-current non-financial assets (Tables) | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure of other non-financial assets [Abstract] | |
Disclosure of detailed information about other current and non-current non-financial assets [Text Block] | As of December 31, 2021, and 2020, the detail of “Other Current and Non-current Assets” is as follows: Other non-financial assets, current As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Domestic Value Added Tax 26,356 18,107 Foreign Value Added Tax 14,395 7,785 Prepaid mining licenses 1,233 1,025 Prepaid insurance 20,443 10,307 Other prepayments 659 946 Refund of Value Added Tax to exporters - 14,316 Other taxes 6,030 4,499 Other assets 754 414 Total 69,870 57,399 Other non-financial assets, non-current As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Exploration and evaluation expenses (1) 26,752 17,883 Guarantee deposits 622 731 Other assets 6,113 3,428 Total 33,487 22,042 (1) Reconciliation of changes in assets for exploration and mineral resource evaluation, by type |
Disclosure of reconciliation of changes in assets for exploration and mineral resource evaluation [Text Block] | Movements in assets for the exploration and evaluation of mineral resources as of December 31, 2021, and 2020: Conciliation As of December 31, 2021 As of December 31, 2020 As of December 31, 2019 ThUS$ ThUS$ ThUS$ Opening balance 17,883 18,654 26,189 Change in assets for exploration and evaluation of mineral resources Additions 8,071 - - Short term reclassifications 83 (526 ) (1,311 ) Increase (decrease) due to transfers and other charges 715 (245 ) (6,224 ) Total changes 8,869 (771 ) (7,535 ) Total 26,752 17,883 18,654 |
Disclosure of Disbursements for Exploration And Evaluation Explanatory | Explorations in execution As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Chile 12,915 14,265 Total 12,915 14,265 |
Summary Of Detailed Information About Conciliation Of Explorations In Execution | Reconciliation of explorations in execution As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Opening balance 14,265 18,654 Disbursements 11,964 - Reclassifications (13,314 ) (4,389 ) Total changes (1,350 ) (4,389 ) Total 12,915 14,265 |
Summary Of Detailed Information About Reimbursements For Exploration And Evaluation | Economically feasible Type of Exploration As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Chile (1) Metallic/Non-Metallic 18,154 10,872 Total 18,154 10,872 (1) The value presented for Chile is as of December 2021 for ThUS 5,622, corresponding to non-metallic exploration and evaluation and ThUS$ 12,367 associated with metallic exploration. In December 2020, the amounts of non-metallic exploration were ThUS$ 6,576 and metallic exploration were ThUS$ 4,296 Economically feasible metallic exploration is classified as advanced exploration. |
Summary Of Detailed Information About Reconciliation Of Economically Feasible Metalic Explorations | Economically feasible metallic explorations are those classified as advanced exploration. Economically feasible As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Opening balance 10,872 10,009 Additions 8,071 - Reclassifications from Exploration in execution – Chile 1,906 863 Reclassifications to Exploration in Exploitation-Chile (2,695 ) - Total changes 7,282 863 Total 18,154 10,872 |
Summary Of Detailed Information About Short Term And Long Term Exploitation Conciliation | Short-Term Exploitation rec As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Opening balance 1,318 1,367 Amortization (1,359 ) (1,683 ) Reclassifications 1,276 1,634 Total changes (83 ) (49 ) Total 1,235 1,318 Long conciliation As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Opening balance 7,011 8,645 Amortization - - Reclassifications 1,587 (1,634 ) Total changes 1,587 (1,634 ) Total 8,598 7,011 |
Employee benefits (Tables)
Employee benefits (Tables) | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure of detailed information about provision for employee benefits [Abstract] | |
Disclosure of detailed information about provision for employee benefits [Text Block] | Classes of benefits and expenses by employee As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Current Profit sharing and bonuses 1,383 7,770 Performance bon u 25,392 1,326 Total 26,775 9,096 Non-current Profit sharing and bonuses - - Severance indemnity payments 27,099 32,199 Total 27,099 32,199 |
Disclosure of detailed information about post employment benefit obligations [Text Block] | Reconciliation Changes in the benefit obligation As of December 31, 2021 As of December 31, 2020 As of December 31, 2019 ThUS$ ThUS$ ThUS$ Opening balance 9,864 9,586 8,657 cost of service - - - Interest cost 240 280 336 Actuarial loss (135 ) 506 984 Benefits paid (419 ) (508 ) (391 ) Total benefit obligation (A) 9,550 9,864 9,586 Reconciliation Changes in plan assets As of December 31, 2021 As of December 31, 2020 As of December 31, 2019 ThUS$ ThUS$ ThUS$ Fair value of plan assets at the start of the year 12,888 8,754 8,404 Actual gains on plan assets 1,028 4,642 741 Benefits paid (419 ) (508 ) (391 ) Fair value of plan assets as of the year-end (B) 13,497 12,888 8,754 Net value (A – B) 3,947 3,025 (832 ) Items not yet recognized as components of net periodic pension costs: Net actuarial loss at the beginning of the year 192 (3,634 ) (3,022 ) Amortization during the year - 326 242 Estimated net gain for the year 847 3,500 (854 ) Movement to recognize minimum pension obligations 1,039 192 (3,634 ) Cost of service or benefits received during the year As of December 31, 2021 As of December 31, 2020 As of December 31, 2019 ThUS$ ThUS$ ThUS$ Cost of service or benefits received during the year - - - Interest cost of benefit obligation 240 280 336 Actual gains on plan assets 1,028 4,642 741 Amortization of prior year losses - 326 242 Net gains during the year 847 3,500 (854 ) Net periodic pension costs (76 ) (31 ) (33 ) |
Disclosure of net defined benefit liability (asset) [text block] | As of December 31, 2021, and 2020, severance indemnities calculated at the actuarial value are as follows: Staff severance indemnities As of December 31, 2021 As of December 31, 2020 As of December 31, 2019 ThUS$ ThUS$ ThUS$ Opening balance (32,199 ) (27,814 ) (28,233 ) Current cost of service (4,978 ) (3,804 ) (2,880 ) Interest cost (1,303 ) (1,486 ) (1,661 ) Actuarial gain loss 3,999 (2,826 ) (2,514 ) Exchange rate difference 4,971 (1,513 ) 2,475 Benefits paid during the year 2,411 5,244 4,999 Total (27,099 ) (32,199 ) (27,814 ) |
Disclosure of detailed information about employee Actuarial assumption rate [Text Block] | The liability recorded for staff severance indemnity is valued at the actuarial value method, using the following actuarial assumptions: Actuarial assumptions As of December 31, 2021 As of December 31, 2020 As of December 31, 2019 Annual/Years Mortality rate RV - 2014 RV - 2014 RV - 2014 Actual annual interest rate 5.67 % 3.65 % 3.68 % Voluntary retirement rate: Men 6.49 % 6.49 % 6.49 % Annual Women 6.49 % 6.49 % 6.49 % Annual Salary increase 3.00 % 3.00 % 3.00 % Annual Retirement age: Men 65 65 65 Years Women 60 60 60 Years |
Disclosure Of Sensitivity Analysis For Actuarial Assumptions Explanatory [Text Block] | As of December 31, 2021, and 2020, the Company has conducted a sensitivity analysis of the main assumptions of the actuarial calculation, determining the following: Sensitivity analysis as of December 31, 2021 Effect + 100 basis Effect - 100 basis ThUS$ ThUS$ Discount rate (1,614 ) 1,817 Employee turnover rate (212 ) 237 Sensitivity analysis as of December 31, 2020 Effect + 100 basis Effect - 100 basis ThUS$ ThUS$ Discount rate (1,985 ) 2,234 Employee turnover rate (261 ) 291 |
Provisions and other non-fina_2
Provisions and other non-financial liabilities (Tables) | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure of other provisions [abstract] | |
Disclosure of detailed information about provisions [Text Block] | 18.1 T As of December 31, 2021 As of December 31, 2020 Types of provisions Current Non-current Total Current Non-current Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Provision for legal complaints (1) 48,518 1,223 49,741 8,905 1,260 10,165 Provision for dismantling, restoration and rehabilitation cost (2) - 58,592 58,592 - 61,265 61,265 Other provisions (3) 269,148 1,223 270,371 95,261 92 95,353 Total 317,666 61,038 378,704 104,166 62,617 166,783 (1) These provisions correspond to legal processes that are pending resolution or that have not yet been disbursed, these provisions are mainly related to litigation involving the subsidiaries located in Chile, Brazil and the United States (see note 20.1). (2) The commitments related to Sernageomin have been incorporated through the issuance of the guarantee for the restoration of the place where the production sites are located. (3) See Note 18.2. |
Description of detailed information about other current and noncurrent provision [Text Block] | 18.2 D Current provisions, other short-term provisions As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Rent under Lease contract (1) 260,889 85,167 Provision for additional tax related to foreign loans 1,027 740 End of agreement bonus 2,792 8,159 Directors’ per diem allowance 3,938 698 Miscellaneous provisions 502 497 Total 269,148 95,261 (1) Payment Obligations for the lease contract with CORFO: These correspond to obligations assumed in the Lease Agreement. Our subsidiary SQM Salar holds exclusive rights to exploit the mineral resources in an area covering approximately 140,000 hectares of land in the Salar de Atacama in northern Chile, of which SQM Salar is only entitled to exploit the mineral resources in 81,920 hectares. These rights are owned by Corfo and leased to SQM Salar pursuant to the Lease Agreement. Corfo cannot unilaterally amend the Lease Agreement and the Project Agreement, and the rights to exploit the resources cannot be transferred. The Lease Agreement establishes that SQM Salar is responsible for making quarterly lease payments to Corfo according to specified percentages of the value of production of minerals extracted from the Salar de Atacama brines, maintaining Corfo’s rights over the Mining Exploitation Concessions and making annual payments to the Chilean government for such concession rights. The Lease Agreement was entered into in 1993 and expires on December 31, 2030. On January 17, 2018, SQM and CORFO reached an agreement to end an arbitration process directed by the arbitrator, Mr. Héctor Humeres Noguer, in case 1954-2014 of the Arbitration and Mediation Center of Santiago Chamber of Commerce and other cases related to it. |
Disclosure of other current liabilities [text block] | 18.3 O Description of other liabilities As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Tax withholdings 21,546 1,208 VAT payable 26,111 1,642 Guarantees received 746 2,636 Accrual for dividend 34,184 8,027 Monthly tax provisional payments 23,319 8,407 Deferred income 5,605 6,435 Withholdings from employees and salaries payable 5,587 5,017 Accrued vacations (1) 23,467 24,003 Other current liabilities 1,109 3,580 Total 141,674 60,955 (1) Vacation benefit (short-term benefits to employees, current) is in line with the provisions established in Chile’s Labor Code, which indicates that employees with more than a year of service will be entitled to annual vacation for a period of at least fifteen paid business days. The Company provides the benefit of two additional vacation days. |
Disclosure of reconciliation of changes in other provisions [Text Block] | 18.4 C Description of items that gave rise to variations as of December 31, 2021 Legal complaints Provision for Other provisions Total ThUS$ ThUS$ ThUS$ ThUS$ Total provisions, initial balance 10,165 61,265 95,353 166,783 Changes Additional provisions 48,012 7,302 232,254 287,568 Provision used (8,399 ) - (56,959 ) (65,358 ) Increase(decrease) in foreign currency exchange (37 ) - (35 ) (72 ) Others - (9,975 ) (242 ) (10,217 ) Total Increase (decreases) 39,576 (2,673 ) 175,018 211,921 Total 49,741 58,592 270,371 378,704 Description of items that gave rise to variations as of December 31, 2020 Legal complaints Provision for Other provisions Total ThUS$ ThUS$ ThUS$ ThUS$ Total provisions, initial balance 14,924 33,238 97,093 145,255 Changes Additional provisions 62,922 30,974 60,685 154,581 Provision used (67,685 ) - (59,939 ) (127,624 ) Increase(decrease) in foreign currency exchange 4 - (2,486 ) (2,482 ) Others - (2,947 ) - (2,947 ) Total Increase (decreases) (4,759 ) 28,027 (1,740 ) 21,528 Total 10,165 61,265 95,353 166,783 Description of items that gave rise to variations as of December 31, 2019 Legal complaints Provision for Other provisions Total ThUS$ ThUS$ ThUS$ ThUS$ Total provisions, initial balance 14,862 28,822 94,335 138,019 Changes Additional provisions 4,111 - 150,314 154,425 Provision used (4,049 ) - (147,532 ) (151,581 ) Increase(decrease) in foreign currency exchange - - (24 ) (24 ) Others - 4,416 - 4,416 Total Increase (decreases) 62 4,416 2,758 7,236 Total 14,924 33,238 97,093 145,255 |
Disclosures on equity (Tables)
Disclosures on equity (Tables) | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure of detailed information about controls capital management [Abstract] | |
Disclosure of detailed information about controls capital management [Text Block] | The Company’s management controls capital management based on the following ratios: Capital Management As of December As of December Description (1) Calculation (1) Net Financial Debt (ThUS$) 204,692 1,074,020 Financial Debt – Financial Resources Other current Financial Liabilities + Other Non-Current Financial Liabilities– Cash and Cash Equivalents – Other Current Financial Assets – Hedging Assets, non-current Liquidity 4.62 5.40 Current Assets divided by Current Liabilities Total Current Assets / Total Current Liabilities ROE 18.41 % 7.79 % Profit for the year divided by Total Equity Profit for the year / Equity Adjusted EBITDA (ThUS$) 1,185,453 579,765 Adjusted EBITDA Profit (loss) + Depreciation and Amortization Expenses adjustments + Finance Costs + Income Tax – Other income and Share of profit of associates and joint ventures + Other expenses by function – Finance income – Currency differences EBITDA (ThUS$) 1,140,086 524,650 EBITDA Profit (loss) + Depreciation and Amortization Expense adjustments + Finance Costs + Income Tax ROA 21.29 % 9.83 % Adjusted EBITDA – Depreciation divided by Total Assets net of financial resources less related parties’ investments (Gross Profit – Administrative Expenses)/ (Total Assets – Cash and Cash Equivalents – Other Current Financial Assets – Other Non-Current Financial Assets – Equity accounted Investments) (LTM) Indebtedness 0.06 0.50 Net Financial Debt on Equity Net Financial Debt / Total Equity |
Disclosure of classes of share capital [text block] | As of December 31, 2021, the Company has placed share issues in the market as described in note 1.7: As of December 31, 2021 As of December 31, 2020 Type of capital in preferred shares Series A Series B Series A Series B Description of type of capital in shares Number of authorized shares 142,819,552 142,818,904 142,819,552 120,376,972 Number of fully subscribed and paid shares 142,819,552 142,818,904 142,819,552 120,376,972 Number of subscribed, partially paid shares - - - - Increase (decrease) in the number of current shares - - - - Number of outstanding shares 142,818,904 142,818,904 142,819,552 120,376,972 Number of shares owned by the Company or its subsidiaries or associates 648 - - - Number of shares whose issuance is reserved due to the existence of options or agreements to dispose shares - - - - Capital amount in shares ThUS$ 134,750 1,442,893 134,750 342,636 Total number of subscribed shares 142,819,552 142,818,904 142,819,552 120,376,972 19.4 D and non-controlling interests As of December 31, 2021, and 2020, this caption comprises the following: Disclosures on reserves in equity As of December 31, 2021 As of December 31, 2020 As of December 31, 2019 ThUS$ ThUS$ ThUS$ Reserve for currency exchange conversion (1) (7,913 ) (11,569 ) (25,745 ) Reserve for cash flow hedges (2) (34,025 ) 4,491 7,196 Reserve for gains and losses from financial assets measured at fair value through other comprehensive income (3) (11,146 ) 6,872 (270 ) Reserve for actuarial gains or losses in defined benefit plans (4) (4,174 ) (8,680 ) (9,490 ) Other reserves 13,103 16,318 14,086 Total (44,155 ) 7,432 (14,223 ) (1) This balance reflects retained earnings for changes in the exchange rate when converting the financial statements of subsidiaries whose functional currency is different from the US dollar. (2) The Company maintains, as hedge instruments, financial derivatives related to obligations with the public issued in UF and Chilean pesos, Changes from the fair value of derivatives designated and classified as hedges are recognized under this classification. (3) This caption includes the fair value of equity investments that are not held for trading and that the group has irrevocably opted to recognize in this category upon initial recognition. In the event that such equity instruments are fully or partially disposed of, the proportional accumulated effect of accumulated fair value will be transferred to retained earnings. (4) This caption reflects the effects of changes in actuarial assumptions, mainly changes in the discount rate. |
Disclosure of detailed information about movement in other reserves [Text Block] | Movements in other reserves and changes in interest were as follows: Foreign (1) Reserve for cash flow Reserve for actuarial gains Reserve for gains (losses) Other Total reserves Movements Before taxes Before taxes Tax Before taxes Deferred Before Taxes Deferred Before taxes Reserves Deferred Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Opening balance as of January 1, 2019 (26,307 ) 7,971 - (8,176 ) 1,292 (760 ) (351 ) 11,332 (15,940 ) 941 (14,999 ) Movement of reserves 562 1,908 (2,683 ) (3,306 ) 700 1,152 (311 ) 2,754 3,070 (2,294 ) 776 Realclasification adjustments - - - - - - - - - - - Closing balance as of December 31, 2019 (25,745 ) 9,879 (2,683 ) (11,482 ) 1,992 392 (662 ) 14,086 (12,870 ) (1,353 ) (14,223 ) Movement of reserves (404 ) (3,706 ) 1,001 955 (145 ) 9,784 (2,642 ) 2,537 9,166 (1,786 ) 7,380 Realclassification adjustment 14,580 - - - - - - (305 ) 14,275 - 14,275 Closing balance as of December 31, 2020 (11,569 ) 6,173 (1,682 ) (10,527 ) 1,847 10,176 (3,304 ) 16,318 10,571 (3,139 ) 7,432 Movement of reserves 4,046 (52,762 ) 14,246 4,648 (142 ) (12,072 ) 3,818 134 (56,006 ) 17,922 (38,084 ) Realclassification adjustment (390 ) - - - - - - (3,349 ) (3,739 ) - (3,739 ) Reclassification to retained earnings - - - - - (13,375 ) 3,611 - (13,375 ) 3,611 (9,764 ) Closing balance as of December 31, 2021 (7,913 ) (46,589 ) 12,564 (5,879 ) 1,705 (15,271 ) 4,125 13,103 (62,549 ) 18,394 (44,155 ) (1) See details on reserves for foreign currency translation differences on conversion in Note 23, letter b). |
Disclosure of detailed information about legal reserves reported in the individual financial statements of the subsidiaries [Text Block] | Subsidiary – Associate As of December 31, 2021 As of December 31, 2020 As of December 31, 2019 ThUS$ ThUS$ ThUS$ SQM Iberian S.A. 9,464 9,464 9,464 SQM Europe NV 1,957 1,957 1,957 Soquimich European holding B.V. 828 828 828 Abu Dhabi Fertilizer Industries WWL 455 455 455 Kore Potash PLC - 3,414 2,754 Vitas Fzco. (38 ) (244 ) - Pavoni & C. Spa 7 - - Doktor Tarsa Tarim Sanayi AS - - 305 Others (14 ) - - Total 12,659 15,874 15,763 Other derivative reserves of the acquisition of subsidiaries, which was already under Company ownership at the acquisition date (IAS 27R) SQM Iberian S.A. (1,677 ) (1,677 ) (1,677 ) Orcoma Estudios SPA 2,121 2,121 - Total Other reserves 13,103 16,318 14,086 |
Disclosure of dividends [text block] | Dividends discounted from equity from January to December 2021 and 2020 were the following: Dividends As of December 31, 2021 As of December 31, 2020 As of December 31, 2019 ThUS$ ThUS$ ThUS$ Ajay SQM Chile S.A. Dividends - 556 882 Ajay SQM Chile S.A Payable Dividend 577 682 - Soquimich Comercial S.A. Special Dividend 5,904 5,904 3,936 Soquimich Comercial S.A. Payable Dividend 5,927 2,976 1,999 Non-controlling interests 12,408 10,118 6,817 Interim dividend 157,774 44,986 211,224 Special dividend 399,998 100,000 - Dividends payable 27,681 4,369 66,891 Owners of the Parent 585,453 149,355 278,115 Dividends discounted from equity for the period 597,861 159,473 284,932 |
Disclosure Of Financial Restrictions Explanatory | The financial restrictions with respect to the bonds issued by the Company for the periods ended December 31, 2021 and 2020 are as follows. Financial restrictions (member) As of December 31, 2021 Financial Financial Financial Financial Instrument with restriction Bonds Bonds Bonds Bank loans Reporting party or subsidiary restriction Creditor Bondholders Bondholders Bondholders Scotiabank Registration number H Q O PB 70M Name of financial indicator or ratio (See definition in Note 20.1) NFD/Equity NFD/Equity NFD/Equity NFD/Equity Measurement frequency Quarterly Quarterly Quarterly Quarterly Restriction (Range, value and unit of measure) Must be less than 1.00 Must be less than 1.00 Must be less than 1.00 Must be less than 1.00 Indicator or ratio determined by the company 0.06 0.06 0.06 0.06 Fulfilled YES/NO yes yes yes yes Financial restrictions (member) As of December 31, 2020 Financial Financial Financial Financial Instrument with restriction Bonds Bonds Bonds Bank loans Reporting party or subsidiary restriction Creditor Bondholders Bondholders Bondholders Scotiabank Registration number H Q O PB 70M Name of financial indicator or ratio (See definition in Note 20.1) NFD/Equity NFD/Equity NFD/Equity Debt/Equity Measurement frequency Quarterly Quarterly Quarterly Quarterly Restriction (Range, value and unit of measure) Must be less than 1.00 Must be less than 1.00 Must be less than 1.00 Must be less than 1.44 Indicator or ratio determined by the company 0.5 0.5 0.5 1.23 Fulfilled YES/NO yes yes yes yes |
Disclosure Of Noncontrolling interests Explanatory [Table Text Block] | % of interests in Profit (loss) attributable to non-controlling interests Equity, non-controlling interests Dividends paid to non-controlling interests Subsidiary the ownership held by non- As of As of As of As of As of As of ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ SQM Potasio S.A. 0.0000001 % - - - - - - Ajay SQM Chile S.A. 49.00000 % 769 910 8,382 8,189 577 1,238 Soquimich Comercial S.A. 39.36168 % 5,926 2,976 26,665 32,078 11,831 8,880 Comercial Agrorama Ltda. 30.00000 % 56 (45 ) (596 ) (775 ) - - SQM Indonesia S.A. 20.00000 % - - - - - - Agrorama S.A. 0.00000 % - - - - - - SQM Thailand Limited 0,0040 % - - - 1 - - Total 6,751 3,841 34,451 39,493 12,408 10,118 |
Contingencies and restrictions
Contingencies and restrictions (Tables) | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure of contingent liability [Abstract] | |
Disclosure of detailed information about grantor obligations [Text Block] | Grantor Relationship As of December 31, 2021 As of December 31, 2020 ThUS$ ThUS$ Ferosor Agrícola S.A. Unrelated Third party 4,735 5,626 Tattersall Agroinsumos S.A. Unrelated Third party 2,000 2,000 Covepa SPA Unrelated Third party 592 703 Johannes Epple Davanzo Unrelated Third party 264 314 Hortofrutícola La Serena Unrelated Third party 272 303 Com. Serv Johannes Epple Davanz Unrelated Third party 343 408 Juan Luis Gaete Chesta Unrelated Third party 160 190 Arena Fertilizantes y Semillas Unrelated Third party 178 211 Vicente Oyarce Castro Unrelated Third party 205 229 Bernardo Guzmán Schmidt Unrelated Third party 117 130 Total 8,866 10,114 |
Gains (losses) from operating_2
Gains (losses) from operating activities in the statement of income, included according to their nature (Tables) | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure Of Revenue From Products and Services [Abstract] | |
Disclosure of disaggregation of revenue from contracts with customers [text block] | The Group derives revenues from the sale of goods (which are recognized at one point in time) and from the provision of services (which are recognized over time) and are distributed among the following geographical areas and main product and service lines: (a) Geographic areas: For the year ended December 31, 2021 Geographic areas Specialty Iodine and Lithium and Potassium Industrial Other Total Chile 136,523 1,538 901 50,573 4,125 25,988 219,648 Latin America and the Caribbean 88,990 10,198 4,905 214,304 7,367 523 326,287 Europe 179,744 173,329 75,674 33,948 18,662 1,408 482,765 North America 314,895 102,746 50,349 57,682 29,860 2,470 558,002 Asia and Others 188,663 150,120 804,292 60,085 71,997 456 1,275,613 Total 908,815 437,931 936,121 416,592 132,011 30,845 2,862,315 For the year ended as of December 31, 2020 Geographic areas Specialty Iodine and Lithium and Potassium Industrial Other Total Chile 100,353 1,234 399 23,963 4,059 23,737 153,745 Latin America and the Caribbean 69,535 10,843 1,597 72,697 4,951 367 159,990 Europa 145,896 142,161 49,719 30,029 11,585 735 380,125 North America 246,737 90,292 25,558 39,432 23,963 1,588 427,570 Asia and Others 139,167 90,127 306,100 43,173 116,050 1,144 695,761 Total 701,688 334,657 383,373 209,294 160,608 27,571 1,817,191 For the year ended as of December 31, 2019 Geographic areas Specialty Iodine and Lithium and Potassium Industrial Other Total Chile 109,975 1,064 599 27,371 39,512 33,336 211,857 Latin America and the Caribbean 78,872 7,972 3,593 64,868 6,354 269 161,928 Europa 149,992 123,525 76,250 27,973 15,289 735 393,764 North America 243,399 90,070 45,810 43,312 27,798 883 451,272 Asia and Others 141,682 148,389 379,462 48,627 5,922 752 724,834 Total 723,920 371,020 505,714 212,151 94,875 35,975 1,943,655 |
Disclosure Of Revenue By Products Text Block [Text Block] | (b) Main product and service lines: For the period from January to December of the year Products and Services 2021 2020 2019 ThUS$ ThUS$ ThUS$ Specialty plant nutrition 908,815 701,688 723,920 - Sodium Nitrates 24,829 18,291 20,679 - Potassium nitrate and sodium potassium nitrate 539,336 424,041 457,477 - Specialty Blends 234,369 163,033 153,739 - Other specialty fertilizers 110,281 96,323 92,025 Iodine and derivatives 437,931 334,657 371,020 Lithium and derivatives 936,121 383,373 505,714 Potassium 416,592 209,294 212,151 Industrial chemicals 132,011 160,608 94,875 Other 30,845 27,571 35,975 - Services 3,428 3,241 3,410 - Income from property leases 1,531 1,457 1,438 - Income from subleases on right-of-use assets 146 176 261 - Commodities 12,468 11,938 16,176 - Other ordinary income of Commercial Offices 13,272 10,759 14,690 Total 2,862,315 1,817,191 1,943,655 |
Disclosure of cost of sales [text block] | 21.2 C Cost of sales broken down by nature of expense: For the period from January to December of the year Nature of expense 2021 2020 2019 ThUS$ ThUS$ ThUS$ Raw materials and consumables used (345,356 ) (287,877 ) (271,912 ) Classes of employee benefit expenses (211,771 ) (178,956 ) (178,493 ) Depreciation expense (195,678 ) (182,314 ) (189,587 ) Depreciation of Right-of-use Assets (contracts under IFRS 16) (5,963 ) (5,814 ) (5,450 ) Amortization expense (9,737 ) (12,938 ) (6,015 ) Investment plan expenses (15,059 ) (14,286 ) (18,367 ) Provision for materials, spare parts and supplies (505 ) 640 (7,500 ) Contractors (157,571 ) (142,017 ) (120,750 ) Operating leases (67,106 ) (57,461 ) (48,499 ) Mining concessions (7,325 ) (6,645 ) (7,856 ) Operational transportation (76,003 ) (68,730 ) (56,376 ) Freight / product transportation costs (77,353 ) (52,156 ) (46,264 ) Purchase of products from third parties (329,464 ) (260,089 ) (268,581 ) Insurance (21,869 ) (17,657 ) (16,968 ) CORFO rights and other agreements (247,604 ) (74,418 ) (143,861 ) Export costs (99,212 ) (88,176 ) (71,056 ) Expenses related to variable lease payments (contracts under IFRS 16) (1,313 ) (1,117 ) (1,037 ) Variation in gross inventory 85,709 102,446 52,557 Variation in inventory provision 5,038 7,244 17,107 Other 5,934 6,000 5,305 Total (1,772,208 ) (1,334,321 ) (1,383,603 ) |
Disclosure of detailed information about other income [Text Block] | 21.3 O For the period from January to December of the year Other income 2021 2020 2019 ThUS$ ThUS$ ThUS$ Discounts obtained from suppliers 896 665 676 Fines charged to suppliers 83 267 483 Taxes recovered 287 1,487 457 Amounts recovered from insurance 1,811 14,861 492 Overestimate of provisions for third-party obligations 293 118 983 Sale of assets classified as properties, plant and equipment 1,923 1,626 2,422 Sale of mining rights 8,796 5,852 5,298 Easements, pipelines and roads 4,949 1,619 7,204 Refunds for mining patents and notarial expenses 198 85 203 Others 316 313 - Total 19,552 26,893 18,218 |
Description of detailed information about employee benefits by nature of expenses [Text Block] | 21.4 A For the period from January to December of the year Administrative expenses 2021 2020 2019 ThUS$ ThUS$ ThUS$ Employee benefit expenses (60,552 ) (55,152 ) (60,255 ) Marketing costs (2,415 ) (2,377 ) (3,911 ) Amortization expenses (118 ) (91 ) (5 ) Entertainment expenses (4,906 ) (4,858 ) (5,783 ) Advisory services (17,332 ) (13,880 ) (13,862 ) Lease of buildings and facilities (3,478 ) (3,111 ) (3,653 ) Insurance (3,901 ) (3,478 ) (2,553 ) Office expenses (6,363 ) (6,204 ) (7,327 ) Contractors (5,106 ) (5,079 ) (4,874 ) Depreciation of Right-of-use Assets (contracts under IFRS 16) (2,743 ) (2,617 ) (2,501 ) Other expenses (11,979 ) (10,170 ) (12,456 ) Total (118,893 ) (107,017 ) (117,180 ) |
Disclosure of detailed information about other expenses [Text Block] | 21.5 O For the period from January to December of the year Other expenses 2021 2020 2019 ThUS$ ThUS$ ThUS$ Depreciation and amortization expense Depreciation of assets not in use - (138 ) (136 ) Subtotal - (138 ) (136 ) Impairment (losses) /reversals of impairment losses recognized in profit for the year Properties, plant and equipment (5,582 ) (9,563 ) (49 ) Intangible assets other than goodwill (478 ) (1,941 ) (913 ) Goodwill - (140 ) (140 ) Non-current assets and disposal groups held for sale - - - Subtotal (6,060 ) (11,644 ) (1,102 ) Other expenses, by nature Legal expenses (42,253 ) (69,965 ) (9,277 ) VAT and other unrecoverable taxes (1,015 ) (626 ) (613 ) Fines paid (882 ) (314 ) (145 ) Investment plan expenses 1 (768 ) (1,693 ) Exploration expenses - (5,262 ) (5,537 ) Contributions and donations (9,321 ) (8,793 ) (5,026 ) Other operating expenses (1,075 ) (2,102 ) (2,466 ) Subtotal (54,545 ) (87,830 ) (24,757 ) Total (60,605 ) (99,612 ) (25,995 ) |
Disclosure of detailed information about other income expenses [Text Block] | 21.6 O For the period from January to December of the year Other (losses) income 2021 2020 2019 ThUS$ ThUS$ ThUS$ Adjustment to prior periods due to applying the equity method (198 ) (48 ) (985 ) Sale of investments in associates - (11,830 ) - Impairment of interests in associates (2,009 ) 7,235 631 Sale of investments in joint ventures - (481 ) - Others (431 ) (189 ) (29 ) Total (2,638 ) (5,313 ) (383 ) |
Disclosure of detailed information about impairment reversion of value of financial assets impairment Losses [Text Block] | 21.7 ( For the period from January to December of the year Description 2021 2020 2019 ThUS$ ThUS$ ThUS$ (Impairment) /reversal of value of financial assets impairment losses (See Note 12.2) (235 ) 4,684 (1,057 ) Totals (235 ) 4,684 (1,057 ) |
Disclosure of detailed information about expenses by nature [Text Block] | 21.8 S The following summary considers notes 21.2, 21.4 and 21.5 For the period from January to December of the year Expenses by nature 2021 2020 2019 ThUS$ ThUS$ ThUS$ Raw materials and consumables (345,356 ) (287,877 ) (271,912 ) Employee Benefit Expenses (272,323 ) (234,108 ) (238,748 ) Depreciation expense (195,678 ) (182,452 ) (189,723 ) Depreciation of right-of-use Assets (8,706 ) (8,431 ) (7,951 ) Impairment of properties, plant and equipment, intangible and Goodwill (6,060 ) (11,644 ) (1,102 ) Amortization expense (9,855 ) (13,029 ) (6,020 ) Legal expenses (42,253 ) (69,965 ) (9,277 ) Investment plan expenses (15,058 ) (15,054 ) (20,060 ) Exploration expenses - (5,262 ) (5,237 ) Provision for materials, spare parts and supplies (505 ) 640 (7,500 ) Contractors (162,677 ) (147,096 ) (125,624 ) Operational leases (70,584 ) (60,572 ) (52,152 ) Mining concessions (7,325 ) (6,645 ) (7,856 ) Operational transportation (76,003 ) (68,730 ) (56,376 ) Freight and product transportation costs (77,353 ) (52,156 ) (46,264 ) Purchase of products from third parties (329,464 ) (260,089 ) (268,581 ) CORFO rights y other agreements (247,604 ) (74,418 ) (143,861 ) Export costs (99,212 ) (88,176 ) (71,056 ) Expenses related to variable lease payments (contracts under IFRS 16) (1,313 ) (1,117 ) (1,037 ) Insurance (25,770 ) (21,135 ) (19,521 ) Consultant and advisor services (17,332 ) (13,880 ) (13,862 ) Variation in gross inventory 85,709 102,446 52,557 Variation in inventory provision 5,038 7,244 17,107 Other expenses (32,022 ) (29,444 ) (32,422 ) Total expenses by nature (1,951,706 ) (1,540,950 ) (1,526,478 ) |
Disclosure of interest expense [text block] | 21.9 F For the period from January to December of the year Finance expenses 2021 2020 2019 ThUS$ ThUS$ ThUS$ Interest expense from bank borrowings and overdrafts (2,664 ) (2,797 ) (2,133 ) Interest expense from bonds (90,859 ) (87,030 ) (72,984 ) Interest expense from loans (1,135 ) (1,598 ) (2,682 ) Reversal of capitalized interest expenses 14,206 8,462 7,841 Financial expenses for restoration and rehabilitation provisions (1,259 ) 2,947 (4,417 ) Interest on lease agreement (1,587 ) (1,133 ) (1,535 ) Interest and bank charges (1,328 ) (1,050 ) (1,029 ) Total (84,626 ) (82,199 ) (76,939 ) |
Disclosure of finance income [text block] | 21.10 F For the period from January to December of the year Finance income 2021 2020 2019 ThUS$ ThUS$ ThUS$ Interest from term deposits 3,635 10,260 15,345 Interest from marketable securities 68 2,147 6,765 Interest from maintenance of minimum bank balance in current account 2 18 - Other finance income 107 259 4,130 Other finance interests 856 1,031 49 Total 4,668 13,715 26,289 |
Reportable segments (Tables)
Reportable segments (Tables) | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure of entity's operating segments [Abstract] | |
Disclosure of entity's operating segments [text block] | Operating segment items as of December 31, 2021 Specialty Iodine and its Lithium and Industrial Potassium Other Reportable Operating Unallocated Total as of ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 908,815 437,931 936,121 132,011 416,592 30,845 2,862,315 2,862,315 - 2,862,315 Revenues from transactions with other operating segments of the same entity - - - - - - - - - - Revenues from external customers and transactions with other operating segments of the same entity 908,815 437,931 936,121 132,011 416,592 30,845 2,862,315 2,862,315 - 2,862,315 Costs of sales (646,930 ) (240,341 ) (494,794 ) (109,067 ) (253,125 ) (27,951 ) (1,772,208 ) (1,772,208 ) - (1,772,208 ) Administrative expenses - - - - - - - - (118,893 ) (118,893 ) Finance expense - - - - - - - - (84,626 ) (84,626 ) Depreciation and amortization expense (58,808 ) (41,215 ) (65,014 ) (13,743 ) (35,290 ) (169 ) (214,239 ) (214,239 ) - (214,239 ) The entity’s interest in the profit or loss of associates and joint ventures accounted for by the equity method - - - - - - - - 11,132 11,132 Income before taxes 261,885 197,590 441,327 22,944 163,467 2,894 1,090,107 1,090,107 (248,886 ) 841,221 Income tax expense - - - - - - - - (249,016 ) (249,016 ) Net income (loss) 261,885 197,590 441,327 22,944 163,467 2,894 1,090,107 1,090,107 (497,902 ) 592,205 Assets - - - - - - - - 7,044,297 7,044,297 Equity-accounted investees - - - - - - - - 39,824 39,824 Incorporation of non-current assets other than financial instruments, deferred tax assets, net defined benefit assets and rights arising from insurance contracts - - - - - - - - 152,663 152,663 Other Liabilities - - - - - - - - 3,828,326 3,828,326 Impairment loss of financial assets recognized in profit or loss - (235 ) (235 ) Impairment loss of non-financial assets recognized in profit or loss - - - - - - - - (6,060 ) (6,060 ) Cash flows from operating activities - - - - - - - - 822,520 822,520 Cash flows used in investing activities - - - - - - - - (1,006,943 ) (1,006,943 ) Cash flows from financing activities - - - - - - - - 1,206,485 1,206,485 Operating segment items as of December 31, 2020 Specialty Iodine and its Lithium and Industrial Potassium Other Reportable Operating Unallocated Total as of ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 701,688 334,657 383,373 160,608 209,294 27,571 1,817,191 1,817,191 - 1,817,191 Revenues from transactions with other operating segments of the same entity - - - - - - - - - - Revenues from external customers and transactions with other operating segments of the same entity 701,688 334,657 383,373 160,608 209,294 27,571 1,817,191 1,817,191 - 1,817,191 Costs of sales (537,801 ) (168,499 ) (297,048 ) (119,092 ) (187,019 ) (24,862 ) (1,334,321 ) (1,334,321 ) - (1,334,321 ) Administrative expenses - - - - - - - - (107,017 ) (107,017 ) Finance expense - - - - - - - - (82,199 ) (82,199 ) Depreciation and amortization expense (55,335 ) (40,687 ) (56,092 ) (14,136 ) (34,570 ) (3,092 ) (203,912 ) (203,912 ) - (203,912 ) The entity’s interest in the profit or loss of associates and joint ventures accounted for by the equity method - - - - - - - - 8,940 8,940 Income before taxes 163,887 166,158 86,325 41,516 22,275 2,709 482,870 482,870 (244,332 ) 238,538 Income tax expense - - - - - - - - (70,179 ) (70,179 ) Net income (loss) 163,887 166,158 86,325 41,516 22,275 2,709 482,870 482,870 (314,511 ) 168,359 Assets - - - - - - - - 4,818,463 4,818,463 Equity-accounted investees - - - - - - - - 85,993 85,993 Incorporation of non-current assets other than financial instruments, deferred tax assets, net defined benefit assets and rights arising from insurance contracts - - - - - - - - 358,009 358,009 Other Liabilities - - - - - - - - 2,655,885 2,655,885 Impairment loss of financial assets recognized in profit or loss - - - - - - - - 4,684 4,684 Impairment loss of non-financial assets recognized in profit or loss - - - - - - - - (11,644 ) (11,644 ) Cash flows from operating activities - - - - - - - - 182,234 182,234 Cash flows used in investing activities - - - - - - - - (167,091 ) (167,091 ) Cash flows from financing activities - - - - - - - - (94,132 ) (94,132 ) Operating segment items as of December 31, 2019 Specialty Iodine and its Lithium and Industrial Potassium Other Reportable Operating Unallocated Total as of ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 723,920 371,020 505,714 94,875 212,151 35,975 1,943,655 1,943,655 - 1,943,655 Revenues from transactions with other operating segments of the same entity - - - - - - - - - - Revenues from external customers and transactions with other operating segments of the same entity 723,920 371,020 505,714 94,875 212,151 35,975 1,943,655 1,943,655 - 1,943,655 Costs of sales (573,808 ) (230,468 ) (306,250 ) (63,590 ) (176,199 ) (33,288 ) (1,383,603 ) (1,383,603 ) - (1,383,603 ) Administrative expenses - - - - - - - - (117,180 ) (117,180 ) Finance expense - - - - - - - - (76,939 ) (76,939 ) Depreciation and amortization expense (67,700 ) (43,336 ) (45,238 ) (6,854 ) (37,691 ) (532 ) (201,351 ) (201,351 ) - (201,351 ) The entity’s interest in the profit or loss of associates and joint ventures accounted for by the equity method - - - - - - - - 9,786 9,786 Income before taxes 150,112 140,552 199,464 31,285 35,952 2,687 560,052 560,052 (169,430 ) 390,622 Income tax expense - - - - - - - - (110,019 ) (110,019 ) Net income (loss) 150,112 140,552 199,464 31,285 35,952 2,687 560,052 560,052 (279,449 ) 280,603 Assets - - - - - - - - 4,684,151 4,684,151 Equity-accounted investees - - - - - - - - 109,435 109,435 Incorporation of non-current assets other than financial instruments, deferred tax assets, net defined benefit assets and rights arising from insurance contracts - - - - - - - - 110,021 110,021 Other Liabilities - - - - - - - - 2,549,679 2,549,679 Impairment loss of financial assets recognized in profit or loss - - - - - - - - (1,057 ) (1,057 ) Impairment loss of non-financial assets recognized in profit or loss - - - - - - - - (1,102 ) (1,102 ) Cash flows from operating activities - - - - - - - - 426,971 426,971 Cash flows used in investing activities - - - - - - - - (485,471 ) (485,471 ) Cash flows from financing activities - - - - - - - - 105,896 105,896 22.3 S Items in the statement of comprehensive income as of December 31, 2021 Specialty Iodine and its Lithium and Industrial Potassium Other products Corporate Unit Total segments ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 908,815 437,931 936,121 132,011 416,592 30,845 - 2,862,315 Costs of sales (646,930 ) (240,341 ) (494,794 ) (109,067 ) (253,125 ) (27,951 ) - (1,772,208 ) Gross profit 261,885 197,590 441,327 22,944 163,467 2,894 - 1,090,107 Other incomes by function - - - - - - 19,552 19,552 Administrative expenses - - - - - - (118,893 ) (118,893 ) Other expenses by function - - - - - - (60,605 ) (60,605 ) Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9 - - - - - - (235 ) (235 ) Other losses - - - - - - (2,638 ) (2,638 ) Financial income - - - - - - 4,668 4,668 Financial costs - - - - - - (84,626 ) (84,626 ) Interest in the profit (loss) of associates and joint ventures accounted for by the equity method - - - - - - 11,132 11,132 Exchange differences - - - - - - (17,241 ) (17,241 ) Profit (loss) before taxes 261,885 197,590 441,327 22,944 163,467 2,894 (248,886 ) 841,221 Income tax expense - - - - - - (249,016 ) (249,016 ) Profit (loss) net 261,885 197,590 441,327 22,944 163,467 2,894 (497,902 ) 592,205 Items in the statement of comprehensive income as of December 31, 2020 Specialty plant Iodine and its Lithium and its Industrial Potassium Other products Corporate Unit Total segments ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 701,688 334,657 383,373 160,608 209,294 27,571 - 1,817,191 Cost of sales (537,801 ) (168,499 ) (297,048 ) (119,092 ) (187,019 ) (24,862 ) - (1,334,321 ) Gross profit 163,887 166,158 86,325 41,516 22,275 2,709 - 482,870 Other incomes by function - - - - - - 26,893 26,893 Administrative expenses - - - - - - (107,017 ) (107,017 ) Other expenses by function - - - - - - (99,612 ) (99,612 ) Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9 - - - - - - 4,684 4,684 Other losses - - - - - - (5,313 ) (5,313 ) Financial income - - - - - - 13,715 13,715 Financial costs - - - - - - (82,199 ) (82,199 ) Interest in the profit (loss) of associates and joint ventures accounted for by the equity method - - - - - - 8,940 8,940 Exchange differences - - - - - - (4,423 ) (4,423 ) Profit (loss) before taxes 163,887 166,158 86,325 41,516 22,275 2,709 (244,332 ) 238,538 Income tax expense - - - - - - (70,179 ) (70,179 ) Profit (loss) from continuing operations 163,887 166,158 86,325 41,516 22,275 2,709 (314,511 ) 168,359 Items in the statement of comprehensive income as of December 31, 2019 Specialty plant Iodine and its Lithium and its Industrial Potassium Other products Corporate Unit Total segments ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 723,920 371,020 505,714 94,875 212,151 35,975 - 1,943,655 Cost of sales (573,808 ) (230,468 ) (306,250 ) (63,590 ) (176,199 ) (33,288 ) - (1,383,603 ) Gross profit 150,112 140,552 199,464 31,285 35,952 2,687 - 560,052 Other incomes by function - - - - - - 18,218 18,218 Administrative expenses - - - - - - (117,180 ) (117,180 ) Other expenses by function - - - - - - (25,995 ) (25,995 ) Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9 - - - - - - (1,057 ) (1,057 ) Other losses - - - - - - (383 ) (383 ) Financial income - - - - - - 26,289 26,289 Financial costs - - - - - - (76,939 ) (76,939 ) Interest in the profit (loss) of associates and joint ventures accounted for by the equity method - - - - - - 9,786 9,786 Exchange differences - - - - - - (2,169 ) (2,169 ) Profit (loss) before taxes 150,112 140,552 199,464 31,285 35,952 2,687 (169,430 ) 390,622 Income tax expense - - - - - - (110,019 ) (110,019 ) Profit (loss) from continuing operations 150,112 140,552 199,464 31,285 35,952 2,687 (279,449 ) 280,603 |
Disclosure of geographical areas [text block] | Items as of December 31, 2021 Chile Latin America and the Europe North America Asia and others Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 219,648 326,287 482,765 558,002 1,275,613 2,862,315 Investment accounted for under the equity method - - 15,242 15,899 8,683 39,824 Intangible assets other than goodwill 89,019 496 6,996 1,809 81,338 179,658 Goodwill 22,979 86 11,531 - - 34,596 Property, plant and equipment, net 1,815,997 671 11,380 3,704 180,473 2,012,225 Right-of-use assets 29,803 68 2,040 3,351 17,346 52,608 Other non-current assets 27,626 16 6 3,950 1,889 33,487 Non-current assets 1,985,424 1,337 47,195 28,713 289,729 2,352,398 Items as of December 31, 2020 Chile Latin America and the Europe North America Asia and others Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 153,745 159,990 380,126 427,572 695,758 1,817,191 Investment accounted for under the equity method - - 41,273 14,468 30,252 85,993 Intangible assets other than goodwill 95,934 565 825 2,274 78,809 178,407 Goodwill 23,065 - 18,901 - - 41,966 Property, plant and equipment, net 1,667,824 642 12,592 3,494 52,767 1,737,319 Right-of-use assets 23,461 2,298 2,428 1,776 61 30,024 Other non-current assets 19,377 17 7 2,641 - 22,042 Non-current assets 1,829,661 3,522 76,026 24,653 161,889 2,095,751 Items as of December 31, 2019 Chile Latin America and the Europe North America Asia and others Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Revenue 211,857 161,928 393,764 451,272 724,834 1,943,655 Investment accounted for under the equity method - - 42,243 14,669 52,523 109,435 Intangible assets other than goodwill 106,910 420 1,397 2,683 76,948 188,358 Goodwill 23,205 - 11,521 - - 34,726 Property, plant and equipment, net 1,526,919 513 3,424 6,250 32,800 1,569,906 Right-of-use assets 29,427 2,734 2,817 2,083 103 37,164 Other non-current assets 20,321 28 4 (624 ) - 19,729 Non-current assets 1,706,782 3,695 61,406 25,061 162,374 1,959,318 |
Effect of fluctuations in for_2
Effect of fluctuations in foreign currency exchange rates (Tables) | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure of effect of changes in foreign exchange rates [Abstract] | |
Disclosure of foreign currency exchange differences recognized in profit or loss except for financial instruments measured at fair value through profit or loss [Text Block] | (a) Foreign currency exchange differences recognized in profit or loss and other comprehensive income: Foreign currency exchange differences recognized in profit or loss and other As of As of As of ThUS$ ThUS$ ThUS$ Conversion foreign exchange gains (losses) recognized in the result of the year (17,241 ) (4,423 ) (2,169 ) Conversion foreign exchange reserves Conversion foreign exchange reserves attributable to the owners of the controlling entity 3,656 14,176 562 Conversion foreign exchange reserves attributable to the non-controlling entity 584 (176 ) 225 Total 4,240 14,000 787 |
Disclosure of reserve of exchange differences on translation [Text Block] | (b) Reserves for foreign currency exchange differences: As of December 31, 2021, and 2020, are detailed as follows: Details As of As of As of ThUS$ ThUS$ ThUS$ Changes in equity generated by the equity method value through conversion: Comercial Hydro S.A. 1,004 1,004 1,004 SQMC Internacional Ltda. (9 ) (9 ) (9 ) Proinsa Ltda. (10 ) (10 ) (10 ) Comercial Agrorama Ltda. 155 (19 ) 33 Isapre Norte Grande Ltda. (121 ) (14 ) (44 ) Almacenes y Depósitos Ltda. 305 211 142 Sacal S.A. (3 ) (3 ) (3 ) Sociedad Prestadora de Servicios de Salud Cruz del Norte S.A. (36 ) (13 ) (19 ) Agrorama S.A. 628 92 231 Doktor Tarsa - - (13,811 ) SQM Vitas Fzco (4,165 ) (3,736 ) (2,267 ) Doctochem - - 7 SQM Eastmed Turkey - - (155 ) Ajay Europe (1,413 ) (693 ) (1,449 ) Coromandel SQM India - - (431 ) SQM Italia SRL - - (236 ) SQM Oceanía Pty Ltd. (579 ) (579 ) (634 ) SQM Indonesia S.A. (124 ) (124 ) (124 ) Abu Dhabi Fertillizers Industries WWL. 372 372 372 SQM Holland B.V. 99 99 (197 ) SQM Thailand Limited (68 ) (68 ) (68 ) SQM Europe (1,983 ) (1,983 ) (1,983 ) SQM Australia Pty Ltd. (1,732 ) (4,052 ) (4,035 ) Pavoni & C. Spa (153 ) 164 (185 ) Terra Tarsa BV - - 116 Plantacote NV - - (16 ) Doktolab Tarim Arastirma San. - - (54 ) Kore Potash PLC (a) - (2,128 ) (1,754 ) SQM Colombia S.A.S. (80 ) (80 ) (166 ) Total (7,913 ) (11,569 ) (25,745 ) |
Disclosures on the effects of_2
Disclosures on the effects of fluctuations in foreign currency exchange rates (Tables) | 12 Months Ended |
Dec. 31, 2021 | |
Foreign exchange rates [abstract] | |
Disclosure of detailed information about assets held in foreign currency subject to fluctuations in exchange rates [Text Block] | a) Assets held in foreign currency subject to fluctuations in exchange rates are detailed as follows: Class of Asset Currency As of As of ThUS$ ThUS$ Cash and cash equivalents USD 1,377,983 454,402 Cash and cash equivalents CLP 4,416 7,190 Cash and cash equivalents CNY 30,102 11,597 Cash and cash equivalents EUR 14,374 17,144 Cash and cash equivalents GBP 1 19 Cash and cash equivalents AUD 72,107 1,411 Cash and cash equivalents INR - 6 Cash and cash equivalents MXN 1,827 1,378 Cash and cash equivalents PEN 6 3 Cash and cash equivalents AED 1 - Cash and cash equivalents JPY 1,182 1,646 Cash and cash equivalents ZAR 13,048 14,286 Cash and cash equivalents KRW - 16 Cash and cash equivalents IDR 3 3 Cash and cash equivalents PLN 1 1 Subtotal cash and cash equivalents 1,515,051 509,102 Other current financial assets USD 668,360 145,893 Other current financial assets BRL 48 - Other current financial assets CLP 250,641 202,176 Subtotal other current financial assets 919,049 348,069 Other current non-financial assets USD 18,486 20,645 Other current non-financial assets AUD 11,066 224 Other current non-financial assets CLF 150 53 Other current non-financial assets CLP 27,536 27,837 Other current non-financial assets CNY 5,213 1,661 Other current non-financial assets EUR 1,050 1,531 Other current non-financial assets COP 153 70 Other current non-financial assets MXN 6,092 4,488 Other current non-financial assets THB 8 70 Other current non-financial assets JPY 73 157 Other current non-financial assets ZAR 42 646 Other current non-financial assets SEK 1 17 Subtotal other non-financial current assets 69,870 57,399 Trade and other receivables USD 400,753 230,214 Trade and other receivables PEN - 1 Trade and other receivables BRL 21 23 Trade and other receivables CLF 459 545 Trade and other receivables CLP 43,496 47,133 Trade and other receivables CNY 108,822 22,882 Trade and other receivables EUR 35,514 22,868 Trade and other receivables GBP 46 682 Trade and other receivables MXN 237 355 Trade and other receivables AED 1,888 533 Trade and other receivables THB - 1,167 Trade and other receivables JPY 36,000 23,010 Trade and other receivables AUD 1,214 589 Trade and other receivables ZAR 23,568 12,504 Trade and other receivables COP 2,055 2,675 Trade and other receivables SEK - 25 Subtotal trade and other receivables 654,073 365,206 Receivables from related parties USD 83,088 61,379 Receivables from related parties EUR 1,150 1,222 Receivables from related parties AUD 1,914 - Subtotal receivables from related parties 86,152 62,601 Class of assets Currency As of As of ThUS$ ThUS$ Current inventories USD 1,183,776 1,093,028 Subtotal Current Inventories 1,183,776 1,093,028 Current tax assets USD 154,709 128,529 Current tax assets BRL 1 - Current tax assets CLP 1,727 3,015 Current tax assets EUR 171 218 Current tax assets MXN 31 - Current tax assets PEN 3 4 Current tax assets ZAR 13 26 Current tax assets COP 887 417 Current tax assets THB - 15 Subtotal current tax assets 157,542 132,224 Non-current assets or groups of assets classified as held for sale USD 582 1,629 Subtotal Non-current assets or groups of assets classified as held for sale 582 1,629 Total current assets 4,586,095 2,569,258 Other non-current financial assets USD 9,180 51,828 Other non-current financial assets CLP 20 20 Other non-current financial assets JPY 68 77 Subtotal Other non-current financial assets 9,268 51,925 Other non-current non-financial assets USD 30,906 21,236 Other non-current non-financial assets BRL 16 17 Other non-current non-financial assets KRW 12 - Other non-current non-financial assets EUR 6 7 Other non-current non-financial assets CLP 670 782 Other non-current non-financial assets AUD 1,877 - Subtotal Other non-current non-financial assets 33,487 22,042 Other receivables, non-current USD 5,239 10,061 Other receivables, non-current CLF 86 152 Other receivables, non-current MXN 26 102 Other receivables, non-current CLP 821 850 Subtotal Other receivables, non-current 6,172 11,165 Investments classified using the equity method of accounting USD 20,526 23,417 Investments classified using the equity method of accounting TRY - 792 Investments classified using the equity method of accounting AED 7,879 47,774 Investments classified using the equity method of accounting EUR 11,419 11,082 Investments classified using the equity method of accounting INR - 1,304 Investments classified using the equity method of accounting THB - 1,624 Subtotal Investments classified using the equity method of accounting 39,824 85,993 Intangible assets other than goodwill USD 172,399 176,282 Intangible assets other than goodwill MXN - 1,025 Intangible assets other than goodwill CLP 124 182 Intangible assets other than goodwill EUR 6,963 696 Intangible assets other than goodwill CNY 145 222 Intangible assets other than goodwill KRW 27 - Subtotal intangible assets other than goodwill 179,658 178,407 Purchases goodwill, gross USD 34,438 34,438 Purchases goodwill, gross EUR 158 7,528 Subtotal Purchases goodwill, gross 34,596 41,966 Property, plant and equipment USD 1,990,120 1,719,358 Property, plant and equipment CLP 3,180 3,237 Property, plant and equipment EUR 9,972 10,954 Property, plant and equipment AED 6,008 923 Property, plant and equipment BRL 111 111 Property, plant and equipment MXN 2,620 2,494 Property, plant and equipment COP 105 120 Property, plant and equipment KRW 109 122 Subtotal property, plant and equipment 2,012,225 1,737,319 Right-of-use assets USD 31,360 25,238 Right-of-use assets EUR 2,040 2,428 Right-of-use assets AED 17,346 60 Right-of-use assets MXN 1,862 2,298 Subtotal Right-of-use assets 52,608 30,024 Non-current tax assets USD 90,364 90,364 Subtotal non-current tax assets 90,364 90,364 Total non-current assets 2,458,202 2,249,205 Total assets 7,044,297 4,818,463 |
Disclosure of detailed information about liabilities held in foreign currencies [Text Block] | As of December 31, 2021 As of December 31, 2020 Class of liability Currency Up to 90 days More than 90 Total Up to 90 days More than 90 Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Current liabilities Other current financial liabilities USD 28,519 4,234 32,753 43,218 4,676 47,894 Other current financial liabilities CLF 18,259 293 18,552 20,732 329 21,061 Subtotal other current financial liabilities 46,778 4,527 51,305 63,950 5,005 68,955 Lease liabilities, current USD - 4,465 4,465 - 4,750 4,750 Lease liabilities, current CLF - 2,263 2,263 - - - Lease liabilities, current MXN - 434 434 - 416 416 Lease liabilities, current EUR - 382 382 - 362 362 Subtotal Lease liabilities, current - - 7,704 7,704 - 5,528 5,528 Trade and other payables USD 98,918 76 98,994 83,425 - 83,425 Trade and other payables CLF 1,330 - 1,330 123 - 123 Trade and other payables BRL 5 - 5 9 - 9 Trade and other payables THB 2 - 2 30 - 30 Trade and other payables CLP 115,504 - 115,504 73,857 - 73,857 Trade and other payables CNY 3,198 - 3,198 1,323 - 1,323 Trade and other payables EUR 41,242 984 42,226 40,280 - 40,280 Trade and other payables GBP 18 - 18 18 - 18 Trade and other payables INR 1 - 1 1 - 1 Trade and other payables MXN 881 - 881 584 - 584 Trade and other payables PEN 1 - 1 5 - 5 Trade and other payables AUD 15,876 - 15,876 2,935 - 2,935 Trade and other payables ZAR 1,288 - 1,288 1,168 - 1,168 Trade and other payables JPY 99 - 99 - - - Trade and other payables COP 227 - 227 175 - 175 Subtotal trade and other payables 278,590 1,060 279,650 203,933 - 203,933 Trade payables due to related parties, current USD - - - - 282 282 Trade payables due to related parties, current AUD - - - 324 - 324 Subtotal Trade payables due to related parties, current - - - 324 282 606 Other current provisions USD 54,134 263,332 317,466 103,252 698 103,950 Other current provisions CLP 200 - 200 216 - 216 Subtotal other current provisions 54,334 263,332 317,666 103,468 698 104,166 As of December 31, 2021 As of December 31, 2020 Class of liability Currency Up to90 days 91 days to 1 year Total Up to90 days 91 days to 1 year Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Current tax liabilities USD - 159,535 159,535 - 20,981 20,981 Current tax liabilities CLP - 12 12 - 61 61 Current tax liabilities EUR - 5,547 5,547 - 642 642 Current tax liabilities MXN - 1,841 1,841 - 959 959 Subtotal current tax liabilities - 166,935 166,935 - 22,643 22,643 Provisions for employee benefits, current USD 14,341 11,776 26,117 2,981 6,011 8,992 Provisions for employee benefits, current AUD - 272 272 58 - 58 Provisions for employee benefits, current CLP - - - 3 - 3 Provisions for employee benefits, current EUR 214 - 214 - - - Provisions for employee benefits, current MXN 172 - 172 43 - 43 Subtotal Provisions for employee benefits, current 14,727 12,048 26,775 3,085 6,011 9,096 Other current non-financial liabilities USD 99,643 8,593 108,236 51,995 397 52,392 Other current non-financial liabilities BRL 1 - 1 2 - 2 Other current non-financial liabilities CLP 6,342 2,941 9,283 6,264 792 7,056 Other current non-financial liabilities CNY 20,736 - 20,736 60 - 60 Other current non-financial liabilities EUR 1,281 423 1,704 913 119 1,032 Other current non-financial liabilities MXN 562 - 562 121 53 174 Other current non-financial liabilities JPY 32 - 32 52 - 52 Other current non-financial liabilities PEN 70 - 70 70 - 70 Other current non-financial liabilities COP - 157 157 - - - Other current non-financial liabilities ARS 47 - 47 - 117 117 Other current non-financial liabilities ZAR 846 - 846 - - - Subtotal other current non-financial liabilities 129,560 12,114 141,674 59,477 1,478 60,955 Total current liabilities 523,989 467,720 991,709 434,237 41,645 475,882 As of December 31, 2021 Class of liability Currency Over 1 year to 2 Over 2 years to 3 Over 3 years to 4 Over 4 years to 5 Over 5 years Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Non-current liabilities Other non-current financial liabilities USD 369,446 72,900 249,097 - 1,523,473 2,214,916 Other non-current financial liabilities CLF - - - - 372,816 372,816 Subtotal Other non-current financial liabilities 369,446 72,900 249,097 - 1,896,289 2,587,732 Non-current lease liabilities USD - 6,695 - 23,714 - 29,869 Non-current lease liabilities UF - - - 13,313 - 13,313 Non-current lease liabilities MXN - - - 1,530 - 1,530 Non-current lease liabilities JPY - - - 1,807 - 1,807 Subtotal non-current lease liabilities - 6,695 - 39,824 - 46,519 Non-current Trade and other payables USD - 3,813 - - - 3,813 Subtotal Non-current Trade and other payables - 3,813 - - - 3,813 Other non-current provisions USD - 4,257 - 31,017 25,764 61,038 Subtotal Other non-current provisions - 4,257 - 31,017 25,764 61,038 Deferred tax liabilities USD - 919 - - 109,497 110,416 Subtotal Deferred tax liabilities - 919 - - 109,497 110,416 Provisions for employee benefits, non-current USD 26,710 - - - - 26,710 Provisions for employee benefits, non-current CLP 389 - - - - 389 Subtotal Provisions for employee benefits, non-current 27,099 - - - - 27,099 Total non-current liabilities 396,545 88,584 249,097 70,841 2,031,550 2,836,617 Total liabilities 3,828,326 As of December 31, 2020 Class of liability Currency Over 1 year to 2 Over 2 years to 3 Over 3 years to 4 Over 4 years to 5 Over 5 years Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Non-current liabilities Other non-current financial liabilities USD - 312,730 69,376 248,664 838,399 1,469,169 Other non-current financial liabilities CLF - - - - 430,344 430,344 Subtotal Other non-current financial liabilities - 312,730 69,376 248,664 1,268,743 1,899,513 Non-current lease liabilities USD 1,977 - - - 4,158 6,135 Non-current lease liabilities UF 15,258 - - - - 15,258 Non-current lease liabilities MXN 2,189 - - - - 2,189 Non-current lease liabilities JPY 1,964 - - - - 1,964 Subtotal non-current lease liabilities 21,388 - - - 4,158 25,546 Non-current Trade and other payables USD - 4,027 - - - 4,027 Subtotal Non-current Trade and other payables - 4,027 - - - 4,027 Other non-current provisions USD - 36,391 - - 26,226 62,617 Subtotal Other non-current provisions - 36,391 - - 26,226 62,617 Deferred tax liabilities USD - 919 - - 155,182 156,101 Subtotal Deferred tax liabilities - 919 - - 155,182 156,101 Provisions for employee benefits, non-current USD 31,585 - - - - 31,585 Provisions for employee benefits, non-current CLP 610 - - - - 610 Provisions for employee benefits, non-current JPY 4 - - - - 4 Subtotal Provisions for employee benefits, non-current 32,199 - - - - 32,199 Total non-current liabilities 53,587 354,067 69,376 248,664 1,454,309 2,180,003 Total liabilities 2,655,885 |
Disclosure of detailed information about effect of exchange rate changes on the statement of income explanatory [Text Block] | For the period from January to December of the year Foreign currency exchange rate changes 2021 2020 2019 ThUS$ ThUS$ ThUS$ Profit (loss) in foreign currency (17,241 ) (4,423 ) (2,169 ) Foreign currency translation reserve 4,240 14,000 562 Total (13,001 ) 9,577 (1,607 ) |
Income tax and deferred taxes (
Income tax and deferred taxes (Tables) | 12 Months Ended |
Dec. 31, 2021 | |
Disclosure of income tax [Abstract] | |
Disclosure of detailed information about current and non-current tax assets [Text Block] | (a) Current Current tax assets As of As of ThUS$ ThUS$ Monthly provisional income tax payments, Chilean companies 435 37,123 Monthly provisional income tax payments, foreign companies 62 1,265 Corporate tax credits (1) 674 1,566 1st category tax absorbed by tax losses (2) 26,848 2,322 Taxes in recovery process 129,523 89,948 Total 157,542 132,224 (b) Non-current Non-current tax assets As of As of ThUS$ ThUS$ Monthly provisional income tax payments, Chilean companies compensated by the specific tax on mining activity (Lithium) 6,398 6,398 Specific tax on mining activities (IEAM) paid by Lithium (on consignment) 83,966 83,966 Total 90,364 90,364 (1) These credits are available for companies and are related to corporate tax payments in April of the following year. These credits include, among others, credits for training expenses (SENCE), credits for acquisition of fixed assets, donations and credits in Chile for taxes paid abroad. (2) This concept corresponds to the tax loss absorptions determined by the company at the end of the year, which must be attributed to the dividends received during the year. |
Disclosure of detailed information about current tax liabilities [Text Block] | 25.2 C Current tax liabilities As of As of ThUS$ ThUS$ 1st Category income tax 139,842 14,736 Foreign company income tax 27,055 7,838 Article 21 single tax 38 69 Total 166,935 22,643 |
Description of detailed information regarding income tax rates applicable for various countries [Text Block] | The income tax rate for the main countries where the Company operates is presented below: Income tax Income tax Country 2021 2020 Spain 25 % 25 % Belgium 25 % 25 % Mexico 30 % 30 % United States 21% + 3.51 % 21% + 3.36 % South Africa 28 % 28 % China 25%+12% (1) 25 % |
Disclosure of deferred taxes [text block] | (a) Deferred tax assets and liabilities as of December 31, 2021 Net liability position Description of deferred tax assets and liabilities as of December 31, 2021 Assets Liabilities ThUS$ ThUS$ Unrealized loss 144,181 - Property, plant and equipment and capitalized interest - (189,073 ) Restoration and rehabilitation provision 6,567 - Manufacturing expenses - (108,181 ) Employee benefits and unemployment insurance - (7,485 ) Vacation accrual 6,039 - Inventory provision 20,557 - Materials provision 10,554 - Others employee benefits 929 - Research and development expenses - (5,387 ) Bad debt provision 2,708 - Provision for legal complaints and expenses 334 - Loan acquisition expenses - (8,967 ) Financial instruments recorded at market value 5,242 - Specific tax on mining activity - (4,545 ) Tax loss benefit 7,113 - Other 8,862 - Foreign items (other) 136 - Balances to date 213,222 (323,638 ) Net balance (110,416 ) (b) Deferred tax assets and liabilities as of December 31, 2020 Net liability position Description of deferred tax assets and liabilities as of December 31, 2020 Assets Liabilities ThUS$ ThUS$ Unrealized loss 90,585 - Property, plant and equipment and capitalized interest - (187,168 ) Restoration and rehabilitation provision 6,598 - Manufacturing expenses - (107,215 ) Employee benefits and unemployment insurance - (6,669 ) Vacation accrual 6,138 - Inventory provision 22,200 - Materials provision 8,812 - Research and development expenses - (3,580 ) Bad debt provision 5,072 - Provision for legal complaints and expenses 19,637 - Loan acquisition expenses - (5,212 ) Financial instruments recorded at market value - (3,929 ) Specific tax on mining activity - (3,014 ) Tax loss benefit 844 - Other 1,454 - Foreign items (other) - (654 ) Balances to date 161,340 (317,441 ) Net balance (156,101 ) |
Disclosure of detailed information about reconciliation of changes in deferred tax liabilities assets [Text Block] | (c) Reconciliation of changes in deferred tax liabilities (assets) as of December 31, 2021 Reconciliation of changes in deferred tax liabilities (assets) Deferred tax Deferred tax Deferred taxes Total increases Deferred tax ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Unrealized loss (90,585 ) (53,596 ) - (53,596 ) (144,181 ) Property, plant and equipment and capitalized interest 187,168 1,905 - 1,905 189,073 Restoration and rehabilitation provision (6,597 ) 30 - 30 (6,567 ) Manufacturing expenses 107,215 966 - 966 108,181 Employee benefits and unemployment insurance 6,669 687 130 817 7,486 Vacation accrual (6,138 ) 99 - 99 (6,039 ) Inventory provision (22,200 ) 1,643 - 1,643 (20,557 ) Materials provision (8,812 ) (1,742 ) - (1,742 ) (10,554 ) Derivative financial instruments - 14,246 (14,246 ) - - Others employee benefits - (929 ) - (929 ) (929 ) Research and development expenses 3,581 1,806 - 1,806 5,387 Bad debt provision (5,072 ) 2,364 - 2,364 (2,708 ) Provision for legal complaints and expenses (19,637 ) 19,303 - 19,303 (334 ) Loan approval expenses 5,212 3,755 - 3,755 8,967 Financial instruments recorded at market value 3,929 (5,354 ) (3,818 ) (9,172 ) (5,243 ) Specific tax on mining activity 3,012 1,521 12 1,533 4,545 Tax loss benefit (844 ) (6,269 ) - (6,269 ) (7,113 ) Others (1,454 ) (7,408 ) - (7,408 ) (8,862 ) Foreign items (other) 654 (790 ) - (790 ) (136 ) Total temporary differences, unused losses and unused tax credits 156,101 (27,763 ) (17,922 ) (45,685 ) 110,416 (d) Reconciliation of changes in deferred tax liabilities (assets) as of December 31, 2020 Reconciliation of changes in deferred tax liabilities (assets) Deferred tax Deferred tax Deferred taxes Total increases Deferred tax ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Unrealized loss (82,076 ) (8,509 ) - (8,509 ) (90,585 ) Property, plant and equipment and capitalized interest 197,167 (9,999 ) - (9,999 ) 187,168 Facility closure provision (7,311 ) 714 - 714 (6,597 ) Manufacturing expenses 106,420 795 - 795 107,215 Employee benefits and unemployment insurance 6,000 514 155 669 6,669 Vacation accrual (5,591 ) (547 ) - (547 ) (6,138 ) Inventory provision (23,885 ) 1,685 - 1,685 (22,200 ) Materials provision (7,982 ) (830 ) - (830 ) (8,812 ) Derivative financial instruments - 1,001 (1,001 ) - - Others employee benefits (2,689 ) 2,689 - 2,689 - Research and development expenses 3,535 46 - 46 3,581 bad debt provision (3,542 ) (1,530 ) - (1,530 ) (5,072 ) Provision for legal complaints and expenses (2,546 ) (17,091 ) - (17,091 ) (19,637 ) Loan approval expenses 3,856 1,356 - 1,356 5,212 Financial instruments recorded at market value 1,287 - 2,642 2,642 3,929 specific tax on mining activity 1,354 1,668 (10 ) 1,658 3,012 Tax loss benefit (2,296 ) 1,452 - 1,452 (844 ) Others 2,021 (3,475 ) - (3,475 ) (1,454 ) Foreign items (other) (311 ) 965 - 965 654 Total temporary differences, unused losses and unused tax credits 183,411 (29,096 ) 1,786 (27,310 ) 156,101 |
Disclosure of detailed information about net operating loss carryforwards [Text Block] | As of December 31, 2021, and 2020, tax loss carryforwards are detailed as follows: Deferred taxes related to benefits for tax losses As of As of ThUS$ ThUS$ Chile 7,113 818 Foreign - 26 Total 7,113 844 |
Disclosure of detailed information about movements in deferred tax assets and liabilities [Text Block] | Movements in deferred tax assets and liabilities as of December 31, 2021 and 2020 are detailed as follows: Assets (liabilities) Movements in deferred tax assets and liabilities As of As of ThUS$ ThUS$ Deferred tax assets and liabilities, net opening balance (156,101 ) (183,411 ) Increase (decrease) in deferred taxes in profit or loss 27,763 29,096 Increase (decrease) deferred taxes in equity 17,922 (1,786 ) Total (110,416 ) (156,101 ) |
Disclosure of detailed information about current and deferred tax expenses income [Text Block] | Current and deferred tax (expenses) benefits are detailed as follows: (Expense) Income Disclosures on income tax (expense) benefit As of As of As of ThUS$ ThUS$ ThUS$ Current income tax (expense) benefit Current tax (expense) (279,105 ) (97,374 ) (116,483 ) Adjustments to prior year current income tax (expense) benefit 2,326 (1,901 ) 12,222 Current income tax expense, net, total (276,779 ) (99,275 ) (104,261 ) Deferred tax (expense) benefit Deferred tax benefits relating to the creation and reversal of temporary differences 28,445 26,219 2,551 Tax adjustments related to the creation and reversal of temporary differences from the previous year (682 ) 2,877 (8,309 ) Total deferred tax benefits, net 27,763 29,096 (5,758 ) Income tax expense (249,016 ) (70,179 ) (110,019 ) Tax (expenses) benefit for foreign and domestic parties are detailed as follows: (Expense) Income Income tax (expense) benefit As of As of As of ThUS$ ThUS$ ThUS$ Current income tax benefit (expense) by foreign and domestic parties, net Current income tax expenses, foreign parties, net (46,748 ) (9,782 ) (7,394 ) Current income tax expenses, domestic, net (230,031 ) (89,493 ) (96,867 ) Current income tax expense, net, total (276,779 ) (99,275 ) (104,261 ) Deferred tax benefit (expense) by foreign and domestic parties, net Current income tax (expense) benefit, foreign parties, net (6,679 ) 10,284 2,370 Current income tax benefits, domestic, net 34,442 18,812 (8,128 ) Deferred tax expense, net, total 27,763 29,096 (5,758 ) Income tax expense (249,016 ) (70,179 ) (110,019 ) |
Disclosure of detailed information about tax effects of other comprehensive income components [Text Block] | (h) Disclosures on the tax effects of other comprehensive income components: As of December 31, 2021 Income tax related to other income and expense components with a charge Amount before taxes (Expense) income for Amount after taxes ThUS$ ThUS$ ThUS$ Gains (losses) from defined benefit plans 4,679 (142 ) 4,537 Cash flow hedges (52,762 ) 14,246 (38,516 ) Reserve for (losses) gains from financial assets measured at fair value through other comprehensive income (12,072 ) 3,818 (8,254 ) Total (60,155 ) 17,922 (42,233 ) As of December 31, 2020 Income tax related to other income and expense components with a charge Amount before taxes (Expense) income for Amount after taxes ThUS$ ThUS$ ThUS$ Gains (losses) from defined benefit plans 974 (145 ) 829 Cash flow hedges (3,706 ) 1,001 (2,705 ) Reserve for gains (losses) from financial assets measured at fair value through other comprehensive income 9,784 (2,642 ) 7,142 Total 7,052 (1,786 ) 5,266 As of December 31, 2019 Income tax related to other income and expense components with a charge Amount before taxes (Expense) income for Amount after taxes ThUS$ ThUS$ ThUS$ Gains (losses) from defined benefit plans (3,310 ) 702 (2,608 ) Cash flow hedges 1,908 (2,683 ) (775 ) Reserve for gains (losses) from financial assets measured at fair value through other comprehensive income 1,152 (311 ) 841 Total (250 ) (2,292 ) (2,542 ) |
Disclosure of reconciliation of accounting profit multiplied by applicable tax rates [Text Block] | Reconciliation between the tax benefit (expense) and the tax calculated by multiplying income before taxes by the Chilean corporate income tax rate. (Expense) Benefit Income Tax Expense (Benefit) As of As of As of ThUS$ ThUS$ ThUS$ Consolidated income before taxes 841,221 238,538 390,622 Statutory income tax rate in Chile 27 % 27 % 27 % Tax expense using the statutory tax rate (227,130 ) (64,405 ) (105,468 ) Net effect of royalty tax payments (13,350 ) (4,659 ) (4,314 ) Effect of other additional taxes affected by article 21 and passive income (2,617 ) (1,804 ) (724 ) Tax effect of revenue from regular activities exempt from taxation (260 ) 1,786 2,376 Tax rate effect of non-tax-deductible expenses for determining taxable profit (loss) (2,226 ) (2,987 ) (2,128 ) Tax effect of tax rates supported abroad (3,016 ) (2,077 ) (252 ) Effects of changes resulting from classifying a permanent item as a temporary one - 4,826 - Other tax effects (417 ) (859 ) 491 Tax expense using the effective tax rate (249,016 ) (70,179 ) (110,019 ) |
Identification and Activities_3
Identification and Activities of the Company and Subsidiaries (Details) | 12 Months Ended | |||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2021Employees | Dec. 31, 2020Employees | |
Disclosure Of Information About Employees Explanatory [Line Items] | ||||
Number of employees | 127 | 126 | 6,081 | 5,507 |
Name of Location of work | 6,081 | 5,507 | ||
In Chile [Member] | ||||
Disclosure Of Information About Employees Explanatory [Line Items] | ||||
Name of Location of work | 5,671 | 5,080 | ||
Outside Chile [Member] | ||||
Disclosure Of Information About Employees Explanatory [Line Items] | ||||
Name of Location of work | 410 | 427 | ||
Executives [Member] | ||||
Disclosure Of Information About Employees Explanatory [Line Items] | ||||
Number of employees | 136 | 126 | ||
Professionals [Member] | ||||
Disclosure Of Information About Employees Explanatory [Line Items] | ||||
Number of employees | 1,756 | 1,804 | ||
Technicians and operators [Member] | ||||
Disclosure Of Information About Employees Explanatory [Line Items] | ||||
Number of employees | 4,189 | 3,577 | ||
SQM S.A [Member] | ||||
Disclosure Of Information About Employees Explanatory [Line Items] | ||||
Number of employees | 425 | 408 | ||
Name of Location of work | 425 | 408 | ||
SQM S.A [Member] | In Chile [Member] | ||||
Disclosure Of Information About Employees Explanatory [Line Items] | ||||
Name of Location of work | 425 | 408 | ||
SQM S.A [Member] | Outside Chile [Member] | ||||
Disclosure Of Information About Employees Explanatory [Line Items] | ||||
Name of Location of work | 0 | 0 | ||
SQM S.A [Member] | Executives [Member] | ||||
Disclosure Of Information About Employees Explanatory [Line Items] | ||||
Number of employees | 33 | 33 | ||
SQM S.A [Member] | Professionals [Member] | ||||
Disclosure Of Information About Employees Explanatory [Line Items] | ||||
Number of employees | 117 | 108 | ||
SQM S.A [Member] | Technicians and operators [Member] | ||||
Disclosure Of Information About Employees Explanatory [Line Items] | ||||
Number of employees | 275 | 267 | ||
Other Subsidiaries [Member] | ||||
Disclosure Of Information About Employees Explanatory [Line Items] | ||||
Number of employees | 5,656 | 5,099 | ||
Name of Location of work | 5,656 | 5,099 | ||
Other Subsidiaries [Member] | In Chile [Member] | ||||
Disclosure Of Information About Employees Explanatory [Line Items] | ||||
Name of Location of work | 5,246 | 4,672 | ||
Other Subsidiaries [Member] | Outside Chile [Member] | ||||
Disclosure Of Information About Employees Explanatory [Line Items] | ||||
Name of Location of work | 410 | 427 | ||
Other Subsidiaries [Member] | Executives [Member] | ||||
Disclosure Of Information About Employees Explanatory [Line Items] | ||||
Number of employees | 103 | 93 | ||
Other Subsidiaries [Member] | Professionals [Member] | ||||
Disclosure Of Information About Employees Explanatory [Line Items] | ||||
Number of employees | 1,639 | 1,696 | ||
Other Subsidiaries [Member] | Technicians and operators [Member] | ||||
Disclosure Of Information About Employees Explanatory [Line Items] | ||||
Number of employees | 3,914 | 3,310 |
Identification and Activities_4
Identification and Activities of the Company and Subsidiaries (Details 1) - shares | Dec. 31, 2021 | Dec. 31, 2020 |
Inversiones TLC SPA [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of Shares Outstanding, Ownership Percentage | 21.90% | 23.77% |
The Bank of New York Mellon, ADRs [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of Shares Outstanding, Ownership Percentage | 23.67% | 19.30% |
Sociedad de Inversiones Pampa Calichera S.A. [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of Shares Outstanding, Ownership Percentage | 15.75% | 17.41% |
Potasios de Chile S.A. [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of Shares Outstanding, Ownership Percentage | 6.36% | 6.91% |
Inversiones Global Mining Chile Limitada [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of Shares Outstanding, Ownership Percentage | 3.08% | 3.34% |
Banco de Chile Non Resident Third Party Accounts [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of Shares Outstanding, Ownership Percentage | 2.78% | 2.33% |
Banco Santander via Foreign Investor [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of Shares Outstanding, Ownership Percentage | 3.10% | 2.77% |
Banco de Chile via State Street [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of Shares Outstanding, Ownership Percentage | 3.22% | 2.65% |
Euroamerica C de B SA [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of Shares Outstanding, Ownership Percentage | 3.34% | |
Inversiones la Esperanza de Chile Limitada [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of Shares Outstanding, Ownership Percentage | 1.49% | 1.59% |
Banco de Chile on behalf of Citibank NA New York customers [member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of Shares Outstanding, Ownership Percentage | 1.70% | |
Larran Vial S.A. Corredora de Bolsa [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of Shares Outstanding, Ownership Percentage | 1.32% | |
AFP Habitat S.A. for Pension Fund C [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of Shares Outstanding, Ownership Percentage | 1.02% | |
Banchile Corredora de Bolsa S. A. [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of Shares Outstanding, Ownership Percentage | 1.10% | |
Banco de Chile on behalf of Citibank NA New York customers [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of Shares Outstanding, Ownership Percentage | 0.73% | |
Series A Stock [Member] | Inversiones TLC SPA [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 62,556,568 | 62,556,568 |
Number of Shares Outstanding, Ownership Percentage | 43.80% | 43.80% |
Series A Stock [Member] | The Bank of New York Mellon, ADRs [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 0 | 0 |
Number of Shares Outstanding, Ownership Percentage | 0.00% | 0.00% |
Series A Stock [Member] | Sociedad de Inversiones Pampa Calichera S.A. [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 44,989,231 | 44,894,152 |
Number of Shares Outstanding, Ownership Percentage | 31.50% | 31.43% |
Series A Stock [Member] | Potasios de Chile S.A. [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 18,179,147 | 18,179,147 |
Number of Shares Outstanding, Ownership Percentage | 12.73% | 12.73% |
Series A Stock [Member] | Inversiones Global Mining Chile Limitada [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 8,798,539 | 8,798,539 |
Number of Shares Outstanding, Ownership Percentage | 6.16% | 6.16% |
Series A Stock [Member] | Banco de Chile Non Resident Third Party Accounts [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 445 | 0 |
Number of Shares Outstanding, Ownership Percentage | 0.00% | 0.00% |
Series A Stock [Member] | Banco Santander via Foreign Investor [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 0 | 0 |
Number of Shares Outstanding, Ownership Percentage | 0.00% | 0.00% |
Series A Stock [Member] | Banco de Chile via State Street [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 23,428 | 0 |
Number of Shares Outstanding, Ownership Percentage | 0.02% | 0.00% |
Series A Stock [Member] | Euroamerica C de B SA [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 1,418 | |
Number of Shares Outstanding, Ownership Percentage | 0.00% | |
Series A Stock [Member] | Inversiones la Esperanza de Chile Limitada [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 4,246,226 | 4,147,263 |
Number of Shares Outstanding, Ownership Percentage | 2.97% | 2.90% |
Series A Stock [Member] | Banco de Chile on behalf of Citibank NA New York customers [member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 67,463 | |
Number of Shares Outstanding, Ownership Percentage | 0.05% | |
Series A Stock [Member] | Larran Vial S.A. Corredora de Bolsa [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 125,726 | |
Number of Shares Outstanding, Ownership Percentage | 0.09% | |
Series A Stock [Member] | AFP Habitat S.A. for Pension Fund C [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 0 | |
Number of Shares Outstanding, Ownership Percentage | 0.00% | |
Series A Stock [Member] | Banchile Corredora de Bolsa S. A. [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 459,202 | |
Number of Shares Outstanding, Ownership Percentage | 0.32% | |
Series A Stock [Member] | Banco de Chile on behalf of Citibank NA New York customers [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 177,463 | |
Number of Shares Outstanding, Ownership Percentage | 0.12% | |
Series B Stock [Member] | Inversiones TLC SPA [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 0 | 0 |
Number of Shares Outstanding, Ownership Percentage | 0.00% | 0.00% |
Series B Stock [Member] | The Bank of New York Mellon, ADRs [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 67,603,420 | 50,792,452 |
Number of Shares Outstanding, Ownership Percentage | 47.34% | 42.19% |
Series B Stock [Member] | Sociedad de Inversiones Pampa Calichera S.A. [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 0 | 922,971 |
Number of Shares Outstanding, Ownership Percentage | 0.00% | 0.77% |
Series B Stock [Member] | Potasios de Chile S.A. [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 0 | 0 |
Number of Shares Outstanding, Ownership Percentage | 0.00% | 0.00% |
Series B Stock [Member] | Inversiones Global Mining Chile Limitada [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 0 | 0 |
Number of Shares Outstanding, Ownership Percentage | 0.00% | 0.00% |
Series B Stock [Member] | Banco de Chile Non Resident Third Party Accounts [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 7,939,865 | 6,129,339 |
Number of Shares Outstanding, Ownership Percentage | 5.56% | 5.09% |
Series B Stock [Member] | Banco Santander via Foreign Investor [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 8,856,091 | 7,294,827 |
Number of Shares Outstanding, Ownership Percentage | 6.20% | 6.06% |
Series B Stock [Member] | Banco de Chile via State Street [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 9,178,379 | 6,971,782 |
Number of Shares Outstanding, Ownership Percentage | 6.43% | 5.79% |
Series B Stock [Member] | Euroamerica C de B SA [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 8,788,517 | |
Number of Shares Outstanding, Ownership Percentage | 7.30% | |
Series B Stock [Member] | Inversiones la Esperanza de Chile Limitada [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 0 | 46,500 |
Number of Shares Outstanding, Ownership Percentage | 0.00% | 0.04% |
Series B Stock [Member] | Banco de Chile on behalf of Citibank NA New York customers [member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 4,795,310 | |
Number of Shares Outstanding, Ownership Percentage | 3.36% | |
Series B Stock [Member] | Larran Vial S.A. Corredora de Bolsa [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 3,653,614 | |
Number of Shares Outstanding, Ownership Percentage | 2.56% | |
Series B Stock [Member] | AFP Habitat S.A. for Pension Fund C [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 2,914,292 | |
Number of Shares Outstanding, Ownership Percentage | 2.04% | |
Series B Stock [Member] | Banchile Corredora de Bolsa S. A. [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 2,426,758 | |
Number of Shares Outstanding, Ownership Percentage | 2.02% | |
Series B Stock [Member] | Banco de Chile on behalf of Citibank NA New York customers [Member] | ||
Identification and Activities of the Company and Subsidiaries [Line Items] | ||
Number of shares outstanding | 1,732,249 | |
Number of Shares Outstanding, Ownership Percentage | 1.44% |
Identification and Activities_5
Identification and Activities of the Company and Subsidiaries (Details Textual) $ / shares in Units, $ in Thousands | Apr. 28, 2021USD ($) | Apr. 19, 2021$ / sharesshares | Feb. 17, 2021USD ($)Metrictons | Dec. 31, 2021USD ($)shares | Dec. 31, 2020shares | Jan. 22, 2021$ / shares | |
Identification and Activities of the Company and Subsidiaries [Line Items] | |||||||
Percentage of shareholder Outstanding shares interest in excess | 5.00% | ||||||
Number of shareholders | 1,500 | ||||||
Increase through other contributions by owners, equity | $ | $ 1,100,000 | $ 1,100,257 | [1] | ||||
Share capital | $ | 1,100,000 | ||||||
Other equity interest | $ | $ 24,503 | ||||||
Mount Holland lithium project [Member] | |||||||
Identification and Activities of the Company and Subsidiaries [Line Items] | |||||||
Investment property | $ | $ 700 | ||||||
Number of Metric tonns capacity | Metrictons | 50,000 | ||||||
Series B Stock [Member] | |||||||
Identification and Activities of the Company and Subsidiaries [Line Items] | |||||||
Par value per share | $ / shares | $ 50 | ||||||
Series B Stock [Member] | Preemptive rights offerings [Member] | |||||||
Identification and Activities of the Company and Subsidiaries [Line Items] | |||||||
Number of shares authorised | 22,441,932 | ||||||
Number of shares issued and fully paid | 21,687,549 | ||||||
Number of shares issued but not fully paid | 754,383 | ||||||
Percentage of shares offered in preemptive rights offerings | 97.00% | ||||||
Par value per share | $ / shares | $ 54 | ||||||
Sociedad de Inversiones Pampa Calichera S.A [Member] | Series B Stock [Member] | |||||||
Identification and Activities of the Company and Subsidiaries [Line Items] | |||||||
Number of shares outstanding | 2,490,965 | ||||||
Sociedad de Inversiones Pampa Calichera S.A [Member] | Series A and B Stock member [Member] | |||||||
Identification and Activities of the Company and Subsidiaries [Line Items] | |||||||
Number of shares outstanding | 47,480,196 | ||||||
Bottom of range [member] | Mount Holland lithium project [Member] | |||||||
Identification and Activities of the Company and Subsidiaries [Line Items] | |||||||
Investment Project term | 2021 years | ||||||
Top of range [member] | Mount Holland lithium project [Member] | |||||||
Identification and Activities of the Company and Subsidiaries [Line Items] | |||||||
Investment Project term | 2025 years | ||||||
Inversiones TLC SPA [Member] | |||||||
Identification and Activities of the Company and Subsidiaries [Line Items] | |||||||
Percentage of voting equity held by entity or by its subsidiaries | 21.90% | 21.90% | |||||
Inversiones TLC SPA [Member] | Series A Stock [Member] | |||||||
Identification and Activities of the Company and Subsidiaries [Line Items] | |||||||
Number of shares outstanding | 62,556,568 | 62,556,568 | |||||
Percentage of voting equity held by entity or by its subsidiaries | 23.75% | 25.86% | |||||
Number of shares in entity held by entity or by its subsidiaries or associates | 62,556,568 | 62,556,568 | |||||
Inversiones TLC SPA [Member] | Series B Stock [Member] | |||||||
Identification and Activities of the Company and Subsidiaries [Line Items] | |||||||
Number of shares outstanding | 0 | 0 | |||||
Percentage of voting equity held by entity or by its subsidiaries | 23.75% | 25.86% | |||||
Number of shares in entity held by entity or by its subsidiaries or associates | 5,275,318 | 11,418,078 | |||||
Inversiones TLC SPA [Member] | Series A and B Stock member [Member] | |||||||
Identification and Activities of the Company and Subsidiaries [Line Items] | |||||||
Number of shares in entity held by entity or by its subsidiaries or associates | 57,235,201 | ||||||
[1] | See Note 1.7 |
Basis of presentation for the_3
Basis of presentation for the consolidated financial statements (Details 03) | 12 Months Ended | |
Dec. 31, 2021 | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Address | Unit 2962, Level 29, N° 388, Exchange Tower Sukhumvit Road, Klongtoey Bangkok | |
SQM Nitratos SA [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM Nitratos S.A. | |
TAX ID No. | 96.592.190-7 | |
Address | El Trovador 4285, Las Condes | |
Country of Incorporation | Chile | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
SQM Nitratos SA [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 99.9999% | |
SQM Nitratos SA [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.0001% | |
SQM Potasio SA [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM Potasio S.A. | |
TAX ID No. | 96.651.060-9 | |
Address | El Trovador 4285, Las Condes | |
Country of Incorporation | Chile | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
SQM Potasio SA [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 99.9999% | |
SQM Potasio SA [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | |
Serv. Integrales de Trnsito y Transf. S.A. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | Serv. Integrales de Tránsito y Transf. S.A. | |
TAX ID No. | 79.770.780-5 | |
Address | Arturo Prat 1060, Tocopilla | |
Country of Incorporation | Chile | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
Serv. Integrales de Trnsito y Transf. S.A. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.0003% | |
Serv. Integrales de Trnsito y Transf. S.A. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 99.9997% | |
Isapre Norte Grande Ltda. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | Isapre Norte Grande Ltda. | |
TAX ID No. | 79.906.120-1 | |
Address | Anibal Pinto 3228, Antofagasta | |
Country of Incorporation | Chile | |
Functional Currency | Peso | |
Ownership Interest | 100.00% | |
Isapre Norte Grande Ltda. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 1.00% | |
Isapre Norte Grande Ltda. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 99.00% | |
Ajay SQM Chile SA [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | Ajay SQM Chile S.A. | |
TAX ID No. | 96.592.180-K | |
Address | Av. Pdte. Eduardo Frei 4900, Santiago | |
Country of Incorporation | Chile | |
Functional Currency | Dollar | |
Ownership Interest | 51.00% | |
Ajay SQM Chile SA [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 51.00% | |
Ajay SQM Chile SA [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | |
Almacenes y Depsitos Ltda. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | Almacenes y Depósitos Ltda. | |
TAX ID No. | 79.876.080-7 | |
Address | El Trovador 4285, Las Condes | |
Country of Incorporation | Chile | |
Functional Currency | Peso | |
Ownership Interest | 100.00% | |
Almacenes y Depsitos Ltda. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 1.00% | |
Almacenes y Depsitos Ltda. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 99.00% | |
SQM Salar SA [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM Salar S.A. | |
TAX ID No. | 79.626.800-K | |
Address | El Trovador 4285, Las Condes | |
Country of Incorporation | Chile | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
SQM Salar SA [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 18.18% | |
SQM Salar SA [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 81.82% | |
SQM Industrial SA [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM Industrial S.A. | |
TAX ID No. | 79.947.100-0 | |
Address | El Trovador 4285, Las Condes | |
Country of Incorporation | Chile | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
SQM Industrial SA [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 99.047% | |
SQM Industrial SA [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.953% | |
Exploraciones Mineras SA [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | Exploraciones Mineras S.A. | |
TAX ID No. | 76.425.380-9 | |
Address | El Trovador 4285, Las Condes | |
Country of Incorporation | Chile | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
Exploraciones Mineras SA [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.2691% | |
Exploraciones Mineras SA [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 99.7309% | |
Sociedad Prestadora de Servicios de Salud Cruz del Norte SA [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | Sociedad Prestadora de Servicios de Salud Cruz del Norte S.A. | |
TAX ID No. | 76.534.490-5 | |
Address | Anibal Pinto 3228, Antofagasta | |
Country of Incorporation | Chile | |
Functional Currency | Peso | |
Ownership Interest | 100.00% | |
Sociedad Prestadora de Servicios de Salud Cruz del Norte SA [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | |
Sociedad Prestadora de Servicios de Salud Cruz del Norte SA [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 100.00% | |
Soquimich Comercial S.A. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | Soquimich Comercial S.A. | |
TAX ID No. | 79.768.170-9 | |
Address | El Trovador 4285, Las Condes | |
Country of Incorporation | Chile | |
Functional Currency | Dollar | |
Ownership Interest | 60.6383% | [1] |
Soquimich Comercial S.A. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | [1] |
Soquimich Comercial S.A. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 60.6383% | [1] |
Comercial Agrorama Ltda. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | Comercial Agrorama Ltda | |
TAX ID No. | 76.064.419-6 | |
Address | El Trovador 4285, Las Condes | |
Country of Incorporation | Chile | |
Functional Currency | Peso | |
Ownership Interest | 70.00% | [1] |
Comercial Agrorama Ltda. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | |
Comercial Agrorama Ltda. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 70.00% | [1] |
Comercial Hydro S.A. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | Comercial Hydro S.A. | |
TAX ID No. | 96.801.610-5 | |
Address | El Trovador 4285, Las Condes | |
Country of Incorporation | Chile | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | [1] |
Comercial Hydro S.A. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | [1] |
Comercial Hydro S.A. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 100.00% | [1] |
Agrorama S.A. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | Agrorama S.A. | |
TAX ID No. | 76.145.229-0 | |
Address | El Trovador 4285, Las Condes | |
Country of Incorporation | Chile | |
Functional Currency | Peso | |
Ownership Interest | 100.00% | |
Agrorama S.A. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | |
Agrorama S.A. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 100.00% | |
Orcoma Estudios SPA [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | Orcoma Estudios SPA | |
TAX ID No. | 76.359.919-1 | |
Address | Apoquindo 3721 OF 131, Las Condes | |
Country of Incorporation | Chile | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
Orcoma Estudios SPA [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 100.00% | |
Orcoma Estudios SPA [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | |
Orcoma SPA [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | Orcoma SPA | |
TAX ID No. | 76.360.575-2 | |
Address | Apoquindo 3721 OF 131, Las Condes | |
Country of Incorporation | Chile | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
Orcoma SPA [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 100.00% | |
Orcoma SPA [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | |
SQM MaG SpA. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM MaG SpA | |
TAX ID No. | 76.686.311-9 | |
Address | Los Militares 4290, Las Condes | |
Country of Incorporation | Chile | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
SQM MaG SpA. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | |
SQM MaG SpA. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 100.00% | |
Sociedad Contractual Minera Bfalo [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | Sociedad Contractual Minera Búfalo | |
TAX ID No. | 77.114.779-8 | |
Address | Los Militares 4290, Las Condes | |
Country of Incorporation | Chile | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
Sociedad Contractual Minera Bfalo [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 99.90% | |
Sociedad Contractual Minera Bfalo [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.10% | |
SQM North America Corp. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM North America Corp. | |
TAX ID No. | Foreign | |
Address | 2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta, GA | |
Country of Incorporation | United States of America | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
SQM North America Corp. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 40.00% | |
SQM North America Corp. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 60.00% | |
RS Agro Chemical Trading Corporation A.V.V. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | RS Agro Chemical Trading Corporation A.V.V. | |
TAX ID No. | Foreign | |
Address | Caya Ernesto O. Petronia 17, Orangestad | |
Country of Incorporation | Aruba | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
RS Agro Chemical Trading Corporation A.V.V. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 98.3333% | |
RS Agro Chemical Trading Corporation A.V.V. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 1.6667% | |
Nitratos Naturais Do Chile Ltda. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | Nitratos Naturais do Chile Ltda. | |
TAX ID No. | Foreign | |
Address | Al. Tocantis 75, 6° Andar, Conunto 608 Edif. West Gate, Alphaville Barureri, CEP 06455-020, Sao Paulo | |
Country of Incorporation | Brazil | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
Nitratos Naturais Do Chile Ltda. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | |
Nitratos Naturais Do Chile Ltda. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 100.00% | |
SQM Corporation N.V. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM Corporation N.V. | |
TAX ID No. | Foreign | |
Address | Pietermaai 123, P.O. Box 897, Willemstad, Curacao | |
Country of Incorporation | Curacao | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
SQM Corporation N.V. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.0002% | |
SQM Corporation N.V. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 99.9998% | |
SQM Peru S.A. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM Perú S.A. | |
TAX ID No. | Foreign | |
Address | Avenida Camino Real N° 348 of. 702, San Isidro, Lima | |
Country of Incorporation | Peru | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
SQM Peru S.A. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.0091% | |
SQM Peru S.A. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 99.9909% | |
SQM Ecuador S.A. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM Ecuador S.A. | |
TAX ID No. | Foreign | |
Address | Av. José Orrantia y Av. Juan Tanca Marengo Edificio Executive Center Piso 2 Oficina 211 | |
Country of Incorporation | Ecuador | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
SQM Ecuador S.A. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00401% | |
SQM Ecuador S.A. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 99.996% | |
SQM Brasil Ltda. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM Brasil Ltda. | |
TAX ID No. | Foreign | |
Address | Al. Tocantis 75, 6° Andar, Conunto 608 Edif. West Gate, Alphaville Barureri, CEP 06455-020, Sao Paulo | |
Country of Incorporation | Brazil | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
SQM Brasil Ltda. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.71% | |
SQM Brasil Ltda. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 99.29% | |
SQMC Holding Corporation. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQMC Holding Corporation. | |
TAX ID No. | Foreign | |
Address | 2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta | |
Country of Incorporation | United States of America | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
SQMC Holding Corporation. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.10% | |
SQMC Holding Corporation. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 99.90% | |
SQM Japan Co. Ltd. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM Japan Co. Ltd. | |
TAX ID No. | Foreign | |
Address | From 1st Bldg 207, 5-3-10 Minami- Aoyama, Minato-ku, Tokyo | |
Country of Incorporation | Japan | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
SQM Japan Co. Ltd. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.1597% | |
SQM Japan Co. Ltd. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 99.8403% | |
SQM Europe N.V. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM Europe N.V. | |
TAX ID No. | Foreign | |
Address | Houtdok-Noordkaai 25a B-2030 Amberes | |
Country of Incorporation | Belgium | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
SQM Europe N.V. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.58% | |
SQM Europe N.V. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 99.42% | |
SQM Indonesia S.A. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM Indonesia S.A. | |
TAX ID No. | Foreign | |
Address | Perumahan Bumi Dirgantara Permai, Jl Suryadarma Blok Aw No 15 Rt 01/09 17436 Jatisari Pondok Gede | |
Country of Incorporation | Indonesia | |
Functional Currency | Dollar | |
Ownership Interest | 80.00% | |
SQM Indonesia S.A. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | |
SQM Indonesia S.A. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 80.00% | |
North American Trading Company [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | North American Trading Company | |
TAX ID No. | Foreign | |
Address | 2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta, GA | |
Country of Incorporation | United States of America | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
North American Trading Company [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | |
North American Trading Company [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 100.00% | |
SQM Virginia L.L.C. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM Virginia LLC | |
TAX ID No. | Foreign | |
Address | 2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta, GA | |
Country of Incorporation | United States of America | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
SQM Virginia L.L.C. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | |
SQM Virginia L.L.C. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 100.00% | |
SQM Comercial De Mexico S.A. de C.V. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM Comercial de México S.A. de C.V. | |
TAX ID No. | Foreign | |
Address | Av. Moctezuma 144-4 Ciudad del Sol CP 45050, Zapopan, Jalisco México | |
Country of Incorporation | Mexico | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
SQM Comercial De Mexico S.A. de C.V. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.01% | |
SQM Comercial De Mexico S.A. de C.V. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 99.99% | |
SQM Investment Corporation N.V. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM Investment Corporation N.V. | |
TAX ID No. | Foreign | |
Address | Pietermaai 123, P.O. Box 897, Willemstad, Curacao | |
Country of Incorporation | Curacao | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
SQM Investment Corporation N.V. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 1.00% | |
SQM Investment Corporation N.V. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 99.00% | |
Royal Seed Trading Corporation A.V.V. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | Royal Seed Trading Corporation A.V.V. | |
TAX ID No. | Foreign | |
Address | Caya Ernesto O. Petronia 17, Orangestad | |
Country of Incorporation | Aruba | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
Royal Seed Trading Corporation A.V.V. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 1.67% | |
Royal Seed Trading Corporation A.V.V. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 98.33% | |
SQM Lithium Specialties LLC [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM Lithium Specialties Limited Partnership | |
TAX ID No. | Foreign | |
Address | 2727 Paces Ferry Road, Building Two, Suite 1425, Atlanta, GA | |
Country of Incorporation | United States of America | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
SQM Lithium Specialties LLC [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | |
SQM Lithium Specialties LLC [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 100.00% | |
Comercial Caiman Internacional S.A. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | Comercial Caimán Internacional S.A. | |
TAX ID No. | Foreign | |
Address | Edificio Plaza Bancomer | |
Country of Incorporation | Panama | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
Comercial Caiman Internacional S.A. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | |
Comercial Caiman Internacional S.A. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 100.00% | |
SQM France S.A. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM France S.A. | |
TAX ID No. | Foreign | |
Address | ZAC des Pommiers 27930, FAUVILLE | |
Country of Incorporation | France | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
SQM France S.A. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | |
SQM France S.A. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 100.00% | |
Administracion y Servicios Santiago S.A. de C.V. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | Administración y Servicios Santiago S.A. de C.V. | |
TAX ID No. | Foreign | |
Address | Av. Moctezuma 144-4 Ciudad del Sol CP 45050, Zapopan, Jalisco México | |
Country of Incorporation | Mexico | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
Administracion y Servicios Santiago S.A. de C.V. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | |
Administracion y Servicios Santiago S.A. de C.V. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 100.00% | |
SQM Nitratos Mexico S.A. de C.V. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM Nitratos México S.A. de C.V. | |
TAX ID No. | Foreign | |
Address | Av. Moctezuma 144-4 Ciudad del Sol CP 45050, Zapopan, Jalisco México | |
Country of Incorporation | Mexico | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
SQM Nitratos Mexico S.A. de C.V. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | |
SQM Nitratos Mexico S.A. de C.V. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 100.00% | |
Soquimich European Holding B.V. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | Soquimich European Holding B.V. | |
TAX ID No. | Foreign | |
Address | Loacalellikade 1 Parnassustoren 1076 AZ Amsterdan | |
Country of Incorporation | Holland | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
Soquimich European Holding B.V. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | |
Soquimich European Holding B.V. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 100.00% | |
SQM Iberian S.A. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM Iberian S.A. | |
TAX ID No. | Foreign | |
Address | Provenza 251 Principal 1a CP 08008, Barcelona | |
Country of Incorporation | Spain | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
SQM Iberian S.A. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | |
SQM Iberian S.A. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 100.00% | |
SQM Africa Pty Ltd. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM Africa Pty Ltd. | |
TAX ID No. | Foreign | |
Address | Tramore House, 3 Waterford Office Park, Waterford Drive, 2191 Fourways, Johannesburg | |
Country of Incorporation | South Africa | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
SQM Africa Pty Ltd. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | |
SQM Africa Pty Ltd. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 100.00% | |
SQM Oceania Pty Limited [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM Oceanía Pty Ltd. | |
TAX ID No. | Foreign | |
Address | Level 9, 50 Park Street, Sydney NSW 2000, Sydney | |
Country of Incorporation | Australia | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
SQM Oceania Pty Limited [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | |
SQM Oceania Pty Limited [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 100.00% | |
SQM Beijing Commercial Co. Ltd. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM Beijing Commercial Co. Ltd. | |
TAX ID No. | Foreign | |
Address | Room 1001C, CBD International Mansion N 16 Yong An Dong Li, Jian Wai Ave Beijing 100022, P.R. | |
Country of Incorporation | China | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
SQM Beijing Commercial Co. Ltd. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | |
SQM Beijing Commercial Co. Ltd. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 100.00% | |
SQM Thailand Limited [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM Thailand Limited | |
TAX ID No. | Foreign | |
Address | Cra 7 No 32 – 33 piso 29 Pbx: (571) 3384904 Fax: (571) 3384905 Bogotá D.C. – Colombia. | |
Country of Incorporation | Thailand | |
Functional Currency | Dollar | |
Ownership Interest | 99.996% | |
SQM Thailand Limited [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | |
SQM Thailand Limited [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 99.996% | |
SQM Colombia SAS [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM Colombia SAS | |
TAX ID No. | Foreign | |
Country of Incorporation | Colombia | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
SQM Colombia SAS [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | |
SQM Colombia SAS [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 100.00% | |
Sqm australia pty ltd [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM Australia PTY | |
TAX ID No. | Foreign | |
Address | Level 16, 201 Elizabeth Street Sydney | |
Country of Incorporation | Australia | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
Sqm australia pty ltd [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | |
Sqm australia pty ltd [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 100.00% | |
SQM Internacional NV [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM International N.V. | |
TAX ID No. | Foreign | |
Address | Houtdok-Noordkaai 25a B-2030 Amberes | |
Country of Incorporation | Belgium | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
SQM Internacional NV [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.58% | |
SQM Internacional NV [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 99.42% | |
SQM Shanghai Chemicals Co Ltd [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM (Shanghai) Chemicals Co. Ltd. | |
TAX ID No. | Foreign | |
Address | Room 4703-33, 47F, No.300 Middle Huaihai Road, Huangpu district, Shanghai | |
Country of Incorporation | China | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
SQM Shanghai Chemicals Co Ltd [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | |
SQM Shanghai Chemicals Co Ltd [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 100.00% | |
SQM Korea LLC [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM Korea LLC | |
TAX ID No. | Foreign | |
Address | Suite 22, Kyobo Building, 15th Floor, 1 Jongno Jongno-gu, Seoul, 03154 South Korea | |
Country of Incorporation | Korea | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
SQM Korea LLC [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | |
SQM Korea LLC [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 100.00% | |
SQM Holland B.V. [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Subsidiaries | SQM Holland B.V. | |
TAX ID No. | Foreign | |
Address | Herikerbergweg 238, 1101 CM Amsterdam Zuidoost | |
Country of Incorporation | Holland | |
Functional Currency | Dollar | |
Ownership Interest | 100.00% | |
SQM Holland B.V. [Member] | Direct ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 0.00% | |
SQM Holland B.V. [Member] | Indirect ownership interest [Member] | ||
Disclosure Of Detailed Information About Subsidiaries [Line Items] | ||
Ownership Interest | 100.00% | |
[1] | SQM controls Soquimich Comercial, which in turn controls Comercial Agrorama Ltda, SQM has management control over Comercial Agrorama Ltda. |
Significant accounting polici_4
Significant accounting policies (Details) | 12 Months Ended | |
Dec. 31, 2021 | Dec. 31, 2020 | |
Brazilian real [Member] | ||
Significant accounting policies [Line Items] | ||
Closing foreign exchange rate | 5.57 | 5.18 |
Average foreign exchange rate | 5.66 | 5.14 |
New Peruvian Sol [Member] | ||
Significant accounting policies [Line Items] | ||
Closing foreign exchange rate | 3.99 | 3.62 |
Average foreign exchange rate | 4.04 | 3.60 |
Japanese yen [Member] | ||
Significant accounting policies [Line Items] | ||
Closing foreign exchange rate | 115.18 | 103.30 |
Average foreign exchange rate | 113.87 | 103.81 |
Euro [Member] | ||
Significant accounting policies [Line Items] | ||
Closing foreign exchange rate | 0.88 | 0.81 |
Average foreign exchange rate | 0.88 | 0.82 |
Mexican peso [Member] | ||
Significant accounting policies [Line Items] | ||
Closing foreign exchange rate | 20.54 | 19.93 |
Average foreign exchange rate | 20.90 | 19.97 |
Australian dollar [Member] | ||
Significant accounting policies [Line Items] | ||
Closing foreign exchange rate | 1.38 | 1.30 |
Average foreign exchange rate | 1.40 | 1.33 |
Pound Sterling [Member] | ||
Significant accounting policies [Line Items] | ||
Closing foreign exchange rate | 0.74 | 0.74 |
Average foreign exchange rate | 0.75 | 0.74 |
South African rand [Member] | ||
Significant accounting policies [Line Items] | ||
Closing foreign exchange rate | 15.94 | 14.61 |
Average foreign exchange rate | 15.88 | 14.88 |
Chilean peso [Member] | ||
Significant accounting policies [Line Items] | ||
Closing foreign exchange rate | 844.69 | 710.95 |
Average foreign exchange rate | 849.46 | 731.92 |
Chinese yuan [Member] | ||
Significant accounting policies [Line Items] | ||
Closing foreign exchange rate | 6.38 | 6.51 |
Average foreign exchange rate | 6.37 | 6.53 |
Indian rupee [Member] | ||
Significant accounting policies [Line Items] | ||
Closing foreign exchange rate | 74.42 | 73.30 |
Average foreign exchange rate | 75.40 | 73.65 |
Thai Baht [Member] | ||
Significant accounting policies [Line Items] | ||
Closing foreign exchange rate | 33.32 | 29.94 |
Average foreign exchange rate | 33.55 | 30.08 |
Turkish lira [Member] | ||
Significant accounting policies [Line Items] | ||
Closing foreign exchange rate | 13.28 | 7.36 |
Average foreign exchange rate | 13.54 | 7.70 |
Uf [Member] | ||
Significant accounting policies [Line Items] | ||
Closing foreign exchange rate | 36.69 | 40.89 |
Average foreign exchange rate | 36.48 | 39.73 |
Significant accounting polici_5
Significant accounting policies (Details 1) | 12 Months Ended |
Dec. 31, 2021 | |
Bottom of range [Member] | Mining assets [Member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 3 years |
Bottom of range [Member] | Energy generating assets [Member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 3 years |
Bottom of range [Member] | Buildings [Member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 3 years |
Bottom of range [Member] | Supplies and accessories [Member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 2 years |
Bottom of range [Member] | Office Equipment [Member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 5 years |
Bottom of range [Member] | Transport equipment [Member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 5 years |
Bottom of range [Member] | Network and communication equipment [Member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 4 years |
Bottom of range [Member] | IT equipment [Member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 4 years |
Bottom of range [Member] | Machinery, plant and equipment [Member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 2 years |
Bottom of range [Member] | Other fixed assets | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 3 years |
Top of range [Member] | Mining assets [Member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 10 years |
Top of range [Member] | Energy generating assets [Member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 16 years |
Top of range [Member] | Buildings [Member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 25 years |
Top of range [Member] | Supplies and accessories [Member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 10 years |
Top of range [Member] | Office Equipment [Member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 10 years |
Top of range [Member] | Transport equipment [Member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 9 years |
Top of range [Member] | Network and communication equipment [Member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 10 years |
Top of range [Member] | IT equipment [Member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 11 years |
Top of range [Member] | Machinery, plant and equipment [Member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 25 years |
Top of range [Member] | Other fixed assets | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 20 years |
Weighted Average [Member] | Mining assets [Member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 7 years |
Weighted Average [Member] | Energy generating assets [Member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 9 years |
Weighted Average [Member] | Buildings [Member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 14 years |
Weighted Average [Member] | Supplies and accessories [Member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 7 years |
Weighted Average [Member] | Office Equipment [Member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 9 years |
Weighted Average [Member] | Transport equipment [Member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 7 years |
Weighted Average [Member] | Network and communication equipment [Member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 5 years |
Weighted Average [Member] | IT equipment [Member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 7 years |
Weighted Average [Member] | Machinery, plant and equipment [Member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 13 years |
Weighted Average [Member] | Other fixed assets | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, property, plant and equipment | 10 years |
Significant accounting polici_6
Significant accounting policies (Details 2) | 12 Months Ended |
Dec. 31, 2021 | |
Water rights | Bottom of range [member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, intangible assets other than goodwill | 5 years |
Water rights | Top of range [member] | |
Significant accounting policies [Line Items] | |
Description of useful life, intangible assets other than goodwill | Indefinite |
Rights of way [Member] | Bottom of range [member] | |
Significant accounting policies [Line Items] | |
Description of useful life, intangible assets other than goodwill | Indefinite |
Rights of way [Member] | Top of range [member] | |
Significant accounting policies [Line Items] | |
Description of useful life, intangible assets other than goodwill | Indefinite |
Corfo Mining properties [Member] | Bottom of range [member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, intangible assets other than goodwill | 9 years |
Corfo Mining properties [Member] | Top of range [member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, intangible assets other than goodwill | 9 years |
Mining rights [member] | |
Significant accounting policies [Line Items] | |
Description of useful life, intangible assets other than goodwill | Unit-production method |
Intellectual property [Member] | Bottom of range [member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, intangible assets other than goodwill | 9 years |
Intellectual property [Member] | Top of range [member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, intangible assets other than goodwill | 9 years |
IT programs [member] | Bottom of range [member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, intangible assets other than goodwill | 2 years |
IT programs [member] | Top of range [member] | |
Significant accounting policies [Line Items] | |
Useful life measured as period of time, intangible assets other than goodwill | 8 years |
Significant accounting polici_7
Significant accounting policies (Details Textual) | 12 Months Ended | |
Dec. 31, 2021 | Dec. 31, 2020 | |
Significant accounting policies [Line Items] | ||
Amortization Period | 9 years | |
Bottom of range [member] | ||
Significant accounting policies [Line Items] | ||
Cash dividend rate | 30.00% | 30.00% |
Financial risk management (Deta
Financial risk management (Details) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 |
Financial risk management [Line Items] | ||
Financial assets | $ 98,085 | |
Time deposits [Member] | Financial Assets Neither Past Due Nor Impaired Total [Member] | ||
Financial risk management [Line Items] | ||
Financial assets | 905,170 | |
Time deposits [Member] | Other banks with lower balances [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | $ 86 | |
Investment Fund [Member] | Financial Assets Neither Past Due Nor Impaired Total [Member] | ||
Financial risk management [Line Items] | ||
Financial assets | 852,600 | |
Moody's P-1 S&P A-1 [Member] | Time deposits [Member] | Banco crédito e Inversiones [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 9,002 | |
Moody's P-1 S&P A-1 [Member] | Time deposits [Member] | Banco Santander - Santiago [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 16,702 | |
Moody's P-1 S&P A-1 [Member] | Time deposits [Member] | Banco de Chile [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 10,503 | |
Moody's P-1 S&P A-1 [Member] | Time deposits [Member] | Banco Estado [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 1,001 | |
Moody's P-1 S&P A-1 [Member] | Time deposits [Member] | Banco de Crédito e Inversiones [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 185,589 | |
Moody's P-1 S&P A-1 [Member] | 90 days to 1 year [Member] | Banco Santander [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 45,168 | |
Moody's P-1 S&P A-1 Fitch N1+ [Member] | Investment Fund [Member] | JP Morgan Asset Management [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 34,028 | |
Moody´s P-1 S&P A-2 Fitch F2 [Member] | Time deposits [Member] | Banco crédito e Inversiones [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 9,752 | |
Moody's P-2 S&P A-2 [Member] | Time deposits [Member] | Banco Itau Corpbanca [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 195,471 | 7,299 |
Moody's P-2 S&P A-2 [Member] | Time deposits [Member] | Banco Itau Corpbanca [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 8,001 | |
Moody's P-2 S&P A-2 [Member] | 90 days to 1 year [Member] | Banco Itau Corpbanca [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 49,006 | |
Moody´s P-1 S&P A-2 [Member] | Time deposits [Member] | Banco crédito e Inversiones [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 34,325 | |
Moody´s P-1 S&P A-2 [Member] | Time deposits [Member] | Banco Santander - Santiago [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 65,899 | |
Moody´s P-1 S&P A-2 [Member] | Time deposits [Member] | Banco Santander [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 9,052 | |
Moody´s P-1 S&P A-1 Fitch F1+ [Member] | Time deposits [Member] | Scotiabank Sud Americano [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 289,421 | |
Moody´s P-1 S&P A-1 Fitch F1+ [Member] | Time deposits [Member] | Scotiabank Sud Americano [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 10,750 | |
Fitch F1+ [Member] | Time deposits [Member] | Scotiabank Sud Americano [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 7,002 | |
Fitch F1+ [Member] | Time deposits [Member] | Banco Scotiabank Sud Americano [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 31,668 | |
Fitch F1+ [Member] | Time deposits [Member] | Other banks [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 200,100 | |
Moody´s Aaa-mf S&P AAAm Fitch AAAmmf [Member] | Investment Fund [Member] | JP Morgan US dollar Liquidity Fund Institutional [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 381,297 | 102,753 |
S&P AAAm Fitch AAAmmf [Member] | Investment Fund [Member] | Legg Mason - Western Asset Institutional Cash Reserves [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 233,648 | $ 107,625 |
Moody´s P-1 Fitch F1 [Member] | Time deposits [Member] | Sumitomo Mitsui Banking [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 320,054 | |
Moodys Plus [Member] | Bank notes [Member] | Agricultural Bank of China [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 860 | |
Moodys Plus [Member] | Bank notes [Member] | Bank of China Limited [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 4,167 | |
Moodys Plus [Member] | Bank notes [Member] | Bank of Communications [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 7,422 | |
Moodys Plus [Member] | Bank notes [Member] | China Construction Bank Corporation [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 7,122 | |
Moodys Plus [Member] | Bank notes [Member] | China Merchants Bank [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 22,628 | |
Moodys Plus [Member] | Bank notes [Member] | Industrial Commercial Bank of China Limited [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 353 | |
Moodys Plus [Member] | Bank notes [Member] | Industrial Bank [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 6,615 | |
Moodys Plus [Member] | Bank notes [Member] | KEB Hana Bank (China) [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 1,121 | |
Moodys Double Plus [Member] | Bank notes [Member] | China CITIC Bank Corp Ltd [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 2,623 | |
Moodys Double Plus [Member] | Bank notes [Member] | China Everbright Bank Co. Ltd [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 6,569 | |
Moodys Double Plus [Member] | Bank notes [Member] | Ping An Bank [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 8,391 | |
Moodys Double Plus [Member] | Bank notes [Member] | Shanghai Pudong Development Bank Co. Ltd [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 7,905 | |
SP Plus [Member] | Bank notes [Member] | Postal Savings Bank of China [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 4,718 | |
Fitch Double Plus [Member] | Bank notes [Member] | China Minsheng Bank Corporation [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | 784 | |
Fitch Plus [Member] | Bank notes [Member] | China Development Bank [Member] | Financial assets neither past due nor impaired [member] | ||
Financial risk management [Line Items] | ||
Financial assets | $ 16,807 |
Financial risk management (De_2
Financial risk management (Details 1) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 |
Financial risk management [Line Items] | ||
Bank borrowings | $ 71,690 | $ 72,340 |
Unsecured obligations | 4,013,000 | 2,742,530 |
Subtotal | 4,084,690 | 2,814,870 |
Hedging liabilities | 83,660 | 29,470 |
Derivative financial instruments | 1,670 | 5,390 |
Subtotal | 85,330 | 34,860 |
Current and non-current lease liabilities | 68,930 | 34,610 |
Trade accounts payable and other accounts payable | 279,650 | 203,933 |
Total | 4,518,600 | 3,088,270 |
Less than 1 year [member] | ||
Financial risk management [Line Items] | ||
Bank borrowings | 1,050 | 940 |
Unsecured obligations | 108,060 | 88,220 |
Subtotal | 109,110 | 89,160 |
Hedging liabilities | 12,380 | 6,060 |
Derivative financial instruments | 1,670 | 5,390 |
Subtotal | 14,050 | 11,450 |
Current and non-current lease liabilities | 8,880 | 6,400 |
Trade accounts payable and other accounts payable | 279,650 | 203,930 |
Total | 411,690 | 310,940 |
1 to 5 years [member] | ||
Financial risk management [Line Items] | ||
Bank borrowings | 70,640 | 71,400 |
Unsecured obligations | 924,030 | 927,170 |
Subtotal | 994,670 | 998,570 |
Hedging liabilities | 31,580 | 12,340 |
Derivative financial instruments | 0 | 0 |
Subtotal | 31,580 | 12,340 |
Current and non-current lease liabilities | 30,970 | 21,040 |
Trade accounts payable and other accounts payable | 0 | 0 |
Total | 1,057,220 | 1,031,950 |
Over 5 years [member] | ||
Financial risk management [Line Items] | ||
Bank borrowings | 0 | 0 |
Unsecured obligations | 2,980,910 | 1,727,140 |
Subtotal | 2,980,910 | 1,727,140 |
Hedging liabilities | 39,700 | 11,070 |
Derivative financial instruments | 0 | 0 |
Subtotal | 39,700 | 11,070 |
Current and non-current lease liabilities | 29,080 | 7,170 |
Trade accounts payable and other accounts payable | 0 | 0 |
Total | 3,049,690 | 1,745,380 |
Carrying amount [Member] | ||
Financial risk management [Line Items] | ||
Bank borrowings | 70,080 | 70,080 |
Unsecured obligations | 2,518,640 | 1,872,090 |
Subtotal | 2,588,720 | 1,942,170 |
Hedging liabilities | 85,250 | 40,210 |
Derivative financial instruments | 1,670 | 5,390 |
Subtotal | 86,920 | 45,600 |
Current and non-current lease liabilities | 54,220 | 31,070 |
Trade accounts payable and other accounts payable | 279,650 | 203,930 |
Total | $ 3,009,510 | $ 2,222,770 |
Financial risk management (De_3
Financial risk management (Details Textual) $ in Thousands | 12 Months Ended | |
Dec. 31, 2021USD ($) | Dec. 31, 2020USD ($) | |
Financial risk management [Line Items] | ||
Percentage of Financial Liabilities Maturing in Next 12 Months | 2.70% | |
Undrawn borrowing facilities | $ 489,000 | |
Derivatives designated as fair value hedges liability | $ 83,660 | $ 29,470 |
Percentage of Insurance Covers on Risk | 80.00% | |
Liquidity ratio | 4.76 | 5.40 |
Liquidity risk [member] | ||
Financial risk management [Line Items] | ||
Hedging instrument, assets | $ 549,239 | $ 565,295 |
Cuurency CLP to US Dollar [Member] | ||
Financial risk management [Line Items] | ||
Derivative instruments designated as fair value hedges assets | 85,250 | |
Cuurency Euro to US Dollar Member [Member] | ||
Financial risk management [Line Items] | ||
Derivative instruments designated as fair value hedges assets | 60,980 | |
Cuurency South African Rand to US Dollar [Member] | ||
Financial risk management [Line Items] | ||
Derivative instruments designated as fair value hedges assets | 37,070 | |
Cuurency Chinese renminb to US Dollar [Member] | ||
Financial risk management [Line Items] | ||
Derivative instruments designated as fair value hedges assets | 207,640 | |
Cuurency Australian dollar to US Dollar [Member] | ||
Financial risk management [Line Items] | ||
Derivative instruments designated as fair value hedges assets | 57,510 | |
Other country currencies [Member] | ||
Financial risk management [Line Items] | ||
Derivative instruments designated as fair value hedges assets | $ 11,950 | |
CHILE | ||
Financial risk management [Line Items] | ||
Average foreign exchange rate | 100 | |
Derivatives [member] | ||
Financial risk management [Line Items] | ||
Financial assets, at fair value | $ 81,850 | 18,410 |
Adjustments for unrealised foreign exchange losses (gains) | $ 530,000 | |
Derivatives [member] | Interest rate hedging [Member] | ||
Financial risk management [Line Items] | ||
Derivative financial instruments percentage of obligations covered | 100.00% | |
Derivatives [member] | Derivative instruments associated with nominative term deposits [Member] | Hedges of foreign exchange risks [Member] | ||
Financial risk management [Line Items] | ||
Derivative instruments designated as fair value hedges assets | $ 12,610 | |
Derivatives designated as fair value hedges liability | $ 21,000 | |
Percentage of foreign exchange risk associated with nominative term deposits | 100.00% |
Separate information on the m_3
Separate information on the main office, parent entity and joint action agreements (Details) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 |
Separate information on the main office, parent entity and joint action agreements [Line Items] | |||
Assets | $ 7,044,297 | $ 4,818,463 | $ 4,684,151 |
Liabilities | (3,828,326) | (2,655,885) | $ (2,549,679) |
Parent [Member] | |||
Separate information on the main office, parent entity and joint action agreements [Line Items] | |||
Assets | 5,988,757 | 4,171,768 | |
Liabilities | $ (2,807,237) | $ (2,048,683) |
Board of Directors, Senior Ma_3
Board of Directors, Senior Management and Key management personnel (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Statement [Line Items] | |||
Key management personnel compensation | $ 31,560 | $ 23,770 | $ 22,598 |
Board of Directors, Senior Ma_4
Board of Directors, Senior Management and Key management personnel (Details Textual) $ in Thousands | 12 Months Ended | ||||
Dec. 31, 2021USD ($) | Dec. 31, 2020USD ($) | Dec. 31, 2019USD ($) | Dec. 31, 2021Employees | Dec. 31, 2020Employees | |
Related party disclosures [Line Items] | |||||
Key management personnel compensation | $ 31,560 | $ 23,770 | $ 22,598 | ||
Number of employees | 127 | 126 | 6,081 | 5,507 | |
Chairman [Member] | Variable compensation [Member] | National currency [Member] | |||||
Related party disclosures [Line Items] | |||||
Key management personnel compensation, Percentage | 0.12% | 0.09% | |||
Directors [Member] | Variable compensation [Member] | Local currency [Member] | |||||
Related party disclosures [Line Items] | |||||
Key management personnel compensation, Percentage | 0.06% | 0.045% | |||
Directors committee [Member] | |||||
Related party disclosures [Line Items] | |||||
Key management personnel compensation | $ 3,749 | $ 4,553 | |||
Directors committee [Member] | Variable compensation [Member] | Local currency [Member] | |||||
Related party disclosures [Line Items] | |||||
Key management personnel compensation, Percentage | 0.02% | 0.015% | |||
Health, Safety and Environmental Matters Committee [Member] | Fixed compensation [Member] | |||||
Related party disclosures [Line Items] | |||||
Key management personnel compensation | $ 100 | ||||
Corporate Governance Committee [Member] | Fixed compensation [Member] | |||||
Related party disclosures [Line Items] | |||||
Key management personnel compensation | $ 100 |
Equity-accounted investees (Det
Equity-accounted investees (Details) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | ||
Equity-accounted investees [Line Items] | ||||
Investments accounted for using equity method | $ 39,824 | $ 85,993 | $ 109,435 | |
Investments accounted for using equity method [member] | ||||
Equity-accounted investees [Line Items] | ||||
Investments accounted for using equity method | 24,112 | 60,023 | 85,092 | |
Share in profit (loss) of associates accounted for using the equity method | 4,654 | 7,118 | 8,402 | |
Share of other comprehensive income of associates and joint ventures accounted for using equity method, net of tax | 360 | 382 | (571) | |
Share of comprehensive income of associates and joint ventures accounted for using equity method, before tax | 5,014 | 7,500 | 7,831 | |
Abu Dhabi Fertilizer Industries WWL | ||||
Equity-accounted investees [Line Items] | ||||
Investments accounted for using equity method | 0 | 11,505 | 11,609 | |
Share in profit (loss) of associates accounted for using the equity method | 0 | (156) | 634 | |
Share of other comprehensive income of associates and joint ventures accounted for using equity method, net of tax | 0 | 0 | 1 | |
Share of comprehensive income of associates and joint ventures accounted for using equity method, before tax | 0 | (156) | 635 | |
Doktor Tarsa Tarim Sanayi AS | ||||
Equity-accounted investees [Line Items] | ||||
Investments accounted for using equity method | [1] | 0 | 0 | 26,001 |
Share in profit (loss) of associates accounted for using the equity method | [1] | 0 | 4,031 | 3,912 |
Share of other comprehensive income of associates and joint ventures accounted for using equity method, net of tax | [1] | 0 | 0 | 198 |
Share of comprehensive income of associates and joint ventures accounted for using equity method, before tax | [1] | 0 | 4,031 | 4,110 |
Ajay North America | ||||
Equity-accounted investees [Line Items] | ||||
Investments accounted for using equity method | 15,899 | 14,468 | 14,669 | |
Share in profit (loss) of associates accounted for using the equity method | 2,802 | 2,191 | 2,871 | |
Share of other comprehensive income of associates and joint ventures accounted for using equity method, net of tax | 0 | 0 | 0 | |
Share of comprehensive income of associates and joint ventures accounted for using equity method, before tax | 2,802 | 2,191 | 2,871 | |
Ajay Europe SARL | ||||
Equity-accounted investees [Line Items] | ||||
Investments accounted for using equity method | 8,213 | 7,875 | 7,451 | |
Share in profit (loss) of associates accounted for using the equity method | 1,852 | 1,029 | 1,165 | |
Share of other comprehensive income of associates and joint ventures accounted for using equity method, net of tax | 360 | 756 | (179) | |
Share of comprehensive income of associates and joint ventures accounted for using equity method, before tax | 2,212 | 1,785 | 986 | |
SQM Eastmed Turkey | ||||
Equity-accounted investees [Line Items] | ||||
Investments accounted for using equity method | [1] | 0 | 0 | 623 |
Share in profit (loss) of associates accounted for using the equity method | [1] | 0 | 247 | 354 |
Share of other comprehensive income of associates and joint ventures accounted for using equity method, net of tax | [1] | 0 | 0 | (42) |
Share of comprehensive income of associates and joint ventures accounted for using equity method, before tax | [1] | 0 | 247 | 312 |
Kore Potash Ltd | ||||
Equity-accounted investees [Line Items] | ||||
Investments accounted for using equity method | [2] | 0 | 26,175 | 24,739 |
Share in profit (loss) of associates accounted for using the equity method | [2] | 0 | (224) | (534) |
Share of other comprehensive income of associates and joint ventures accounted for using equity method, net of tax | [2] | 0 | (374) | (549) |
Share of comprehensive income of associates and joint ventures accounted for using equity method, before tax | [2] | $ 0 | $ (598) | $ (1,083) |
[1] | These investments were disposed of in 2020 | |||
[2] | For more details, see Note 7.3 (a). |
Equity-accounted investees (D_2
Equity-accounted investees (Details 1) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Equity-accounted investees [Line Items] | |||
Dividends received | $ 11,663 | $ 3,164 | $ 3,851 |
Abu Dhabi Fertilizer Industries WWL | |||
Equity-accounted investees [Line Items] | |||
Description of the nature of the relationship | Distribution and commercialization of specialty plant nutrients in the Middle East. | ||
Domicile | PO Box 71871, Abu Dhabi | ||
Country of incorporation | United Arab Emirates | ||
Share of ownership in associates | 37.00% | ||
Dividends received | $ 9,438 | 0 | 0 |
Doktor Tarsa Tarim Sanayi AS | |||
Equity-accounted investees [Line Items] | |||
Description of the nature of the relationship | Distribution and commercialization of specialty plant nutrients in the Turkey. | ||
Domicile | Organize Sanayi Bolgesi, Ikinci Kisim, 22 cadde TR07100 Antalya | ||
Country of incorporation | Turkey | ||
Share of ownership in associates | 50.00% | ||
Dividends received | |||
Ajay North America | |||
Equity-accounted investees [Line Items] | |||
Description of the nature of the relationship | Production and distribution of iodine and iodine derivatives. | ||
Domicile | 1400 Industry RD Power Springs GA 30129 | ||
Country of incorporation | United States of North America | ||
Share of ownership in associates | 49.00% | ||
Dividends received | $ 1,233 | 1,967 | 2,796 |
Ajay Europe SARL | |||
Equity-accounted investees [Line Items] | |||
Description of the nature of the relationship | Production and distribution of iodine and iodine derivatives. | ||
Domicile | Z.I. du Grand Verger BP 227 53602 Evron Cedex | ||
Country of incorporation | France | ||
Share of ownership in associates | 50.00% | ||
Dividends received | $ 992 | 1,197 | 1,055 |
SQM Eastmed Turkey, | |||
Equity-accounted investees [Line Items] | |||
Description of the nature of the relationship | Production and trading of specialty products. | ||
Domicile | Organize Sanayi Bolgesi, Ikinci Kisim, 22 cadde TR07100 Antalya | ||
Country of incorporation | Turkey | ||
Share of ownership in associates | 50.00% | ||
Dividends received | $ 0 | 0 | 0 |
Kore Potash Ltd. | |||
Equity-accounted investees [Line Items] | |||
Description of the nature of the relationship | Prospecting, exploration and mining development | ||
Domicile | L 3 88 William ST Perth, was 6000 | ||
Country of incorporation | United Kingdom | ||
Share of ownership in associates | 14.65% | ||
Dividends received | $ 0 | $ 0 | $ 0 |
Equity-accounted investees (D_3
Equity-accounted investees (Details 2) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Equity-accounted investees [Line Items] | |||
Current assets | $ 4,586,095 | $ 2,569,258 | |
Non-current Assets | 2,458,202 | 2,249,205 | |
Current liabilities | 991,709 | 475,882 | |
Non-current liabilities | 2,836,617 | 2,180,003 | |
Revenue | 2,862,315 | 1,817,191 | $ 1,943,655 |
Net gain (loss) | 592,205 | 168,359 | 280,603 |
Other comprehensive income | (37,993) | 19,266 | (1,755) |
Comprehensive income | 554,212 | 187,625 | 278,848 |
Associates [member] | |||
Equity-accounted investees [Line Items] | |||
Current assets | 47,698 | 75,549 | 176,333 |
Non-current Assets | 16,337 | 149,940 | 161,068 |
Current liabilities | 15,163 | 20,002 | 43,572 |
Non-current liabilities | 0 | 101 | 39,226 |
Revenue | 95,784 | 91,511 | 202,984 |
Net gain (loss) | 9,423 | 2,876 | 15,719 |
Other comprehensive income | (34) | 2,222 | (2,833) |
Comprehensive income | 9,389 | 5,098 | 12,886 |
Abu Dhabi Fertilizer Industries WWL | |||
Equity-accounted investees [Line Items] | |||
Current assets | 29,313 | 28,543 | |
Non-current Assets | 8,586 | 9,971 | |
Current liabilities | 6,706 | 7,133 | |
Non-current liabilities | 101 | 0 | |
Revenue | 6,641 | 31,588 | |
Net gain (loss) | (420) | 1,713 | |
Other comprehensive income | 0 | 4 | |
Comprehensive income | (420) | 1,717 | |
Doktor Tarsa Tarim Sanayi AS | |||
Equity-accounted investees [Line Items] | |||
Current assets | 97,797 | ||
Non-current Assets | 15,196 | ||
Current liabilities | 22,420 | ||
Non-current liabilities | 38,522 | ||
Revenue | 93,768 | ||
Net gain (loss) | 7,824 | ||
Other comprehensive income | 396 | ||
Comprehensive income | 8,220 | ||
Ajay North America | |||
Equity-accounted investees [Line Items] | |||
Current assets | 21,771 | 18,513 | 19,748 |
Non-current Assets | 15,096 | 15,749 | 13,250 |
Current liabilities | 4,421 | 4,737 | 3,061 |
Non-current liabilities | 0 | 0 | 0 |
Revenue | 47,375 | 42,920 | 38,833 |
Net gain (loss) | 5,718 | 4,471 | 5,860 |
Other comprehensive income | 0 | 0 | 0 |
Comprehensive income | 5,718 | 4,471 | 5,860 |
Ajay Europe SARL | |||
Equity-accounted investees [Line Items] | |||
Current assets | 25,927 | 22,032 | 19,589 |
Non-current Assets | 1,241 | 1,493 | 1,456 |
Current liabilities | 10,742 | 7,773 | 6,144 |
Non-current liabilities | 0 | 0 | 0 |
Revenue | 48,409 | 41,950 | 35,709 |
Net gain (loss) | 3,705 | 2,058 | 2,329 |
Other comprehensive income | (34) | 1,736 | (358) |
Comprehensive income | $ 3,671 | 3,794 | 1,971 |
SQM Eastmed Turkey | |||
Equity-accounted investees [Line Items] | |||
Current assets | 2,718 | ||
Non-current Assets | 1,833 | ||
Current liabilities | 2,600 | ||
Non-current liabilities | 704 | ||
Revenue | 3,086 | ||
Net gain (loss) | 709 | ||
Other comprehensive income | (84) | ||
Comprehensive income | 625 | ||
Kore Potash Ltd. | |||
Equity-accounted investees [Line Items] | |||
Current assets | 5,691 | 7,938 | |
Non-current Assets | 124,112 | 119,362 | |
Current liabilities | 786 | 2,214 | |
Non-current liabilities | 0 | 0 | |
Revenue | 0 | 0 | |
Net gain (loss) | (3,233) | (2,716) | |
Other comprehensive income | 486 | (2,791) | |
Comprehensive income | $ (2,747) | $ (5,507) |
Equity-accounted investees (D_4
Equity-accounted investees (Details Textual) - USD ($) $ in Thousands | Dec. 31, 2021 | Jun. 30, 2021 | Jul. 31, 2019 | Jul. 31, 2019 | Mar. 31, 2021 | Dec. 31, 2020 | Sep. 30, 2020 | Jun. 30, 2020 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 11, 2019 |
Equity-accounted investees [Line Items] | ||||||||||||
Profit loss from sale of interests in associates | $ 643 | |||||||||||
Dividends received | $ 11,663 | $ 3,164 | $ 3,851 | |||||||||
Dividends receivable | $ 2,099 | $ 2,099 | ||||||||||
Kore Potash Ltd. [Member] | ||||||||||||
Equity-accounted investees [Line Items] | ||||||||||||
Percentage share reduction | 0.05% | 0.06% | 0.60% | |||||||||
Transfer in equity of non controlling interest to other reserves | $ 3,739 | |||||||||||
Increase decrease in equity through share based payment transaction | $ 79 | $ 754 | ||||||||||
Proportion of ownership interest in associate | 20.15% | 20.20% | 19.07% | |||||||||
Issue of equity | $ 13,931 | |||||||||||
Percentage of dilution of shares | 5.5 | |||||||||||
Profit loss from sale of interests in associates | $ (5,778) | |||||||||||
Kore Potash Ltd. [Member] | SQM [Member] | South Africa | ||||||||||||
Equity-accounted investees [Line Items] | ||||||||||||
Investment in associate shares | 260,598,591 | |||||||||||
Total shares in associates | 584,753,846 | |||||||||||
Payment to acquire investment in associates | $ 2,600 | $ 1,679 | ||||||||||
Proportion of ownership interest in associate | 19.67% | 20.26% | ||||||||||
Plantacote N.V [Member] | WSNPK [Member] | SQM [Member] | Netherlands | ||||||||||||
Equity-accounted investees [Line Items] | ||||||||||||
Business combination total purchase consideration | $ 16,757 | 16,757 | ||||||||||
Business combination goodwill | $ 7,380 | 7,380 | ||||||||||
Doktor Tarsa Tarim Sanayi AS [Member] | ||||||||||||
Equity-accounted investees [Line Items] | ||||||||||||
Proceeds from sales of interests in associates | $ 33,066 | |||||||||||
Proportion of ownership interest in associate | 50.00% | |||||||||||
Profit loss from sale of interests in associates | 11,408 | |||||||||||
Dividends received | ||||||||||||
Doktor Tarsa Tarim Sanayi AS [Member] | Doctochem Tarim Sanayi LTD [Member] | ||||||||||||
Equity-accounted investees [Line Items] | ||||||||||||
Percentage of voting equity interests acquired | 100.00% | |||||||||||
SQM Eastmed Turkey [Member] | ||||||||||||
Equity-accounted investees [Line Items] | ||||||||||||
Proceeds from sales of interests in associates | 618 | |||||||||||
Proportion of ownership interest in associate | 50.00% | |||||||||||
Profit loss from sale of interests in associates | $ 408 | |||||||||||
Dividends received | $ 0 | 0 | 0 | |||||||||
Abu Dhabi Fertilizer Industries WWL [Member] | ||||||||||||
Equity-accounted investees [Line Items] | ||||||||||||
Proportion of ownership interest in associate | 37.00% | |||||||||||
Dividends received | $ 9,438 | $ 0 | $ 0 | |||||||||
Impairment loss recognised in profit or loss | $ 2,800 | |||||||||||
Related Party of Abu Dhabi Fertilizer Industries WWL [Member] | Internacional Technical and Trading Agenies Co. WLL | ||||||||||||
Equity-accounted investees [Line Items] | ||||||||||||
Dividends received | $ 9,438 |
Joint Ventures (Details)
Joint Ventures (Details) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | ||
Statement [Line Items] | ||||
Dividends received | $ 11,663 | $ 3,164 | $ 3,851 | |
Sichuan SQM Migao Chemical Fertilizers Co Ltda. [Member] | ||||
Statement [Line Items] | ||||
Description of the nature of the relationship | Production and distribution of soluble fertilizers. | |||
Principal place of business of joint venture | Huangjing Road, Dawan Town, Qingbaijiang Dristrict, Chengdu Municipality, Sichuan Province | |||
Country of incorporation of joint venture | China | |||
Proportion of ownership interest in joint venture | 50.00% | |||
Dividends received | $ 0 | 0 | 0 | |
Coromandel SQM India [Member] | ||||
Statement [Line Items] | ||||
Description of the nature of the relationship | Production and distribution of potassium nitrate. | |||
Principal place of business of joint venture | 1-2-10, Sardar Patel Road, Secunderabad – 500003 Andhra Pradesh | |||
Country of incorporation of joint venture | India | |||
Proportion of ownership interest in joint venture | 50.00% | |||
Dividends received | $ 0 | 0 | 0 | |
SQM Vitas Fzco. [Member] | ||||
Statement [Line Items] | ||||
Description of the nature of the relationship | Production and commercialization of specialty plant, animal nutrition and industrial hygiene. | |||
Principal place of business of joint venture | Jebel ALI Free Zone P.O. Box 18222, Dubai | |||
Country of incorporation of joint venture | United Arab Emirates | |||
Proportion of ownership interest in joint venture | 50.00% | |||
Dividends received | $ 0 | 0 | 10,598 | |
SQM Star Qingdao Corp Nutrition Co., Ltd. [Member] | ||||
Statement [Line Items] | ||||
Description of the nature of the relationship | Production and distribution of nutrient plant solutions with specialties NPK soluble. | |||
Principal place of business of joint venture | Longquan Town, Jimo City, Qingdao Municipality, Shangdong Province | |||
Country of incorporation of joint venture | China | |||
Proportion of ownership interest in joint venture | 50.00% | |||
Dividends received | $ 0 | 2,223 | 0 | |
SQM Vitas Brazil Agroindustria [Member] | ||||
Statement [Line Items] | ||||
Description of the nature of the relationship | [1] | Production and trading of specialty vegetable and animal nutrition and industrial hygiene. | ||
Principal place of business of joint venture | [1] | Via Cndeias, Km. 01 Sem Numero, Lote 4, Bairro Cia Norte, Candeias, Bahia. | ||
Country of incorporation of joint venture | [1] | Brazil | ||
Proportion of ownership interest in joint venture | [1],[2] | 49.99% | ||
Dividends received | [1] | $ 0 | 0 | 0 |
SQM Vitas Peru S.A.C. [Member] | ||||
Statement [Line Items] | ||||
Description of the nature of the relationship | [1] | Production and trading of specialty vegetable and animal nutrition and industrial hygiene | ||
Principal place of business of joint venture | [1] | Av. Juan de Arona 187, Torre B, Oficina 301-II, San Isidro, Lima | ||
Country of incorporation of joint venture | [1] | Peru | ||
Proportion of ownership interest in joint venture | [1],[2] | 50.00% | ||
Dividends received | [1] | $ 0 | 0 | 0 |
Pavoni C Spa [Member] | ||||
Statement [Line Items] | ||||
Description of the nature of the relationship | Production of specialty fertilizers and others for distribution in Italy and other countries. | |||
Principal place of business of joint venture | Corso Italia 172, 95129 Catania (CT), Sicilia | |||
Country of incorporation of joint venture | Italy | |||
Proportion of ownership interest in joint venture | 50.00% | |||
Dividends received | $ 0 | 0 | 0 | |
Covalent Lithium Pty Ltd [Member] | ||||
Statement [Line Items] | ||||
Description of the nature of the relationship | Development and operation of the Mt. Holland Lithium project, which will include the construction of a lithium extraction and refining mine. | |||
Principal place of business of joint venture | L18, 109 St Georges Tce Perth WA 6000 |PO Box Z5200 St Georges Tce Perth WA 6831 | |||
Country of incorporation of joint venture | Australia | |||
Proportion of ownership interest in joint venture | 50.00% | |||
Dividends received | $ 0 | 0 | 0 | |
Arpa Speciali SRL [Member] | ||||
Statement [Line Items] | ||||
Description of the nature of the relationship | [3] | Production of specialty fertilizers and others for distribution in Italy and other countries. | ||
Principal place of business of joint venture | [3] | Mantova (MN) Via Cremona 27 Int. 25 | ||
Country of incorporation of joint venture | [3] | Italy | ||
Proportion of ownership interest in joint venture | [2],[3] | 50.48% | ||
Dividends received | [3] | $ 0 | 0 | 0 |
Dividends Received [Member] | ||||
Statement [Line Items] | ||||
Dividends received | $ 0 | $ 2,223 | $ 10,598 | |
[1] | SQM Vitas Fzco. | |||
[2] | The percentages presented correspond to the ownership used in the consolidation of the company. | |||
[3] | Pavoni & C. Spa. |
Joint Ventures (Details 1)
Joint Ventures (Details 1) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | ||
Statement [Line Items] | ||||
Investments accounted for using equity method | $ 39,824 | $ 85,993 | $ 109,435 | |
Sichuan SQM Migao Chemical Fertilizers Co Ltd [Member] | ||||
Statement [Line Items] | ||||
Investments accounted for using equity method | 0 | 9,028 | 1,992 | |
Share of profit (loss) from continuing operations of associates and joint ventures accounted for using equity method | 0 | (280) | (632) | |
Share of other comprehensive income joint ventures accounted for using equity method | 0 | 0 | 0 | |
Share of total comprehensive income of joint ventures accounted for using equity method | 0 | (280) | (632) | |
Coromandel SQM India [Member] | ||||
Statement [Line Items] | ||||
Investments accounted for using equity method | [1] | 0 | 0 | 1,568 |
Share of profit (loss) from continuing operations of associates and joint ventures accounted for using equity method | [1] | 0 | 0 | (98) |
Share of other comprehensive income joint ventures accounted for using equity method | [1] | 0 | 0 | (38) |
Share of total comprehensive income of joint ventures accounted for using equity method | [1] | 0 | 0 | (136) |
SQM Vitas Fzco. [Member] | ||||
Statement [Line Items] | ||||
Investments accounted for using equity method | 8,682 | 9,720 | 9,111 | |
Share of profit (loss) from continuing operations of associates and joint ventures accounted for using equity method | 6,304 | 2,010 | 1,797 | |
Share of other comprehensive income joint ventures accounted for using equity method | 429 | (1,469) | 437 | |
Share of total comprehensive income of joint ventures accounted for using equity method | 6,733 | 541 | 2,234 | |
SQM Star Qingdao Corp Nutrition Co., Ltd. [Member] | ||||
Statement [Line Items] | ||||
Investments accounted for using equity method | [1] | 0 | 0 | 3,464 |
Share of profit (loss) from continuing operations of associates and joint ventures accounted for using equity method | [1] | 0 | 83 | 296 |
Share of other comprehensive income joint ventures accounted for using equity method | [1] | 0 | 0 | 0 |
Share of total comprehensive income of joint ventures accounted for using equity method | [1] | 0 | 83 | 296 |
SQM Vitas Brazil Agroindustria [Member] | ||||
Statement [Line Items] | ||||
Investments accounted for using equity method | [2] | 0 | 3,511 | 5,347 |
Share of profit (loss) from continuing operations of associates and joint ventures accounted for using equity method | [2] | 4,582 | 1,018 | 564 |
Share of other comprehensive income joint ventures accounted for using equity method | [2] | (429) | (1,469) | (225) |
Share of total comprehensive income of joint ventures accounted for using equity method | [2] | 4,153 | (451) | 339 |
SQM Vitas Peru S.A.C. [Member] | ||||
Statement [Line Items] | ||||
Investments accounted for using equity method | [2] | 4,681 | 1,659 | 1,955 |
Share of profit (loss) from continuing operations of associates and joint ventures accounted for using equity method | [2] | 1,645 | 660 | 211 |
Share of other comprehensive income joint ventures accounted for using equity method | [2] | 0 | 0 | 661 |
Share of total comprehensive income of joint ventures accounted for using equity method | [2] | 1,645 | 660 | 872 |
SQM Vitas BV [Member] | ||||
Statement [Line Items] | ||||
Investments accounted for using equity method | 0 | 0 | 1,304 | |
Share of profit (loss) from continuing operations of associates and joint ventures accounted for using equity method | 0 | 0 | (15) | |
Share of other comprehensive income joint ventures accounted for using equity method | 0 | 0 | (27) | |
Share of total comprehensive income of joint ventures accounted for using equity method | 0 | 0 | (42) | |
Joint ventures [member] | ||||
Statement [Line Items] | ||||
Investments accounted for using equity method | 4,681 | 5,170 | 7,394 | |
Share of profit (loss) from continuing operations of associates and joint ventures accounted for using equity method | 6,227 | 1,678 | 806 | |
Share of other comprehensive income joint ventures accounted for using equity method | (429) | (1,469) | 435 | |
Share of total comprehensive income of joint ventures accounted for using equity method | 5,798 | 209 | 1,241 | |
Pavoni C Spa [Member] | ||||
Statement [Line Items] | ||||
Investments accounted for using equity method | 7,030 | 7,222 | 6,864 | |
Share of profit (loss) from continuing operations of associates and joint ventures accounted for using equity method | 174 | 9 | 36 | |
Share of other comprehensive income joint ventures accounted for using equity method | (317) | 349 | (255) | |
Share of total comprehensive income of joint ventures accounted for using equity method | (143) | 358 | (219) | |
Covalent Lithium Pty Ltd [Member] | ||||
Statement [Line Items] | ||||
Investments accounted for using equity method | [3] | 0 | 0 | 40 |
Share of profit (loss) from continuing operations of associates and joint ventures accounted for using equity method | [3] | 0 | 0 | 0 |
Share of other comprehensive income joint ventures accounted for using equity method | [3] | 37 | 16 | (13) |
Share of total comprehensive income of joint ventures accounted for using equity method | [3] | 37 | 16 | (13) |
Arpa Speciali SRL [Member] | ||||
Statement [Line Items] | ||||
Investments accounted for using equity method | 0 | 0 | 92 | |
Share of profit (loss) from continuing operations of associates and joint ventures accounted for using equity method | 0 | 0 | 31 | |
Share of other comprehensive income joint ventures accounted for using equity method | 0 | 0 | (1) | |
Share of total comprehensive income of joint ventures accounted for using equity method | 0 | 0 | 30 | |
Joint Venture Total [Member] | ||||
Statement [Line Items] | ||||
Investments accounted for using equity method | 15,712 | 25,970 | 24,343 | |
Share of profit (loss) from continuing operations of associates and joint ventures accounted for using equity method | 6,478 | 1,822 | 1,384 | |
Share of other comprehensive income joint ventures accounted for using equity method | 149 | (1,104) | 104 | |
Share of total comprehensive income of joint ventures accounted for using equity method | $ 6,627 | $ 718 | $ 1,488 | |
[1] | These investments were disposed of in 2020 | |||
[2] | SQM Vitas Fzco. | |||
[3] | See more details in Note 8.4 (a). |
Joint Ventures (Details 2)
Joint Ventures (Details 2) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Statement [Line Items] | |||
Current assets | $ 4,586,095 | $ 2,569,258 | |
Long-Lived Assets | 2,458,202 | 2,249,205 | |
Current liabilities | 991,709 | 475,882 | |
Non-current liabilities | 2,836,617 | 2,180,003 | |
Revenue | 2,862,315 | 1,817,191 | $ 1,943,655 |
Profit (loss) from continuing operations | 592,205 | 168,359 | 280,603 |
Other comprehensive income | (37,993) | 19,266 | (1,755) |
Comprehensive income | 554,212 | 187,625 | 278,848 |
Sichuan SQM Migao Chemical Fertilizers Co Ltda. [Member] | |||
Statement [Line Items] | |||
Current assets | 29,507 | 28,668 | |
Long-Lived Assets | 4,412 | 5,129 | |
Current liabilities | 14,156 | 13,472 | |
Non-current liabilities | 0 | 0 | |
Revenue | 9 | 7 | |
Profit (loss) from continuing operations | (562) | (1,262) | |
Other comprehensive income | 0 | 0 | |
Comprehensive income | (562) | (1,262) | |
Coromandel SQM India [Member] | |||
Statement [Line Items] | |||
Current assets | 4,504 | ||
Long-Lived Assets | 633 | ||
Current liabilities | 1,704 | ||
Non-current liabilities | 0 | ||
Revenue | 8,197 | ||
Profit (loss) from continuing operations | (197) | ||
Other comprehensive income | (77) | ||
Comprehensive income | (274) | ||
SQM Vitas Fzco. [Member] | |||
Statement [Line Items] | |||
Current assets | 9,606 | 496 | 9,695 |
Long-Lived Assets | 20,206 | 20,431 | 1 |
Current liabilities | 215 | 496 | 1,136 |
Non-current liabilities | 0 | 0 | 0 |
Revenue | 0 | 0 | 36 |
Profit (loss) from continuing operations | 12,608 | 4,019 | 3,595 |
Other comprehensive income | 0 | 0 | (876) |
Comprehensive income | 12,608 | 4,019 | 2,719 |
SQM Star Qingdao Corp Nutrition Co., Ltd. [Member] | |||
Statement [Line Items] | |||
Current assets | 7,534 | ||
Long-Lived Assets | 26 | ||
Current liabilities | 632 | ||
Non-current liabilities | 0 | ||
Revenue | 12,003 | ||
Profit (loss) from continuing operations | 592 | ||
Other comprehensive income | 0 | ||
Comprehensive income | 592 | ||
SQM Vitas Brazil Agroindustria [Member] | |||
Statement [Line Items] | |||
Current assets | 73,500 | 40,064 | 46,118 |
Long-Lived Assets | 4,846 | 5,527 | 7,299 |
Current liabilities | 68,794 | 33,410 | 40,334 |
Non-current liabilities | 0 | 0 | 0 |
Revenue | 103,335 | 78,960 | 87,901 |
Profit (loss) from continuing operations | 9,165 | 2,036 | 1,128 |
Other comprehensive income | (858) | (2,938) | (451) |
Comprehensive income | 8,307 | (902) | 677 |
SQM Vitas Peru S.A.C. [Member] | |||
Statement [Line Items] | |||
Current assets | 28,610 | 34,548 | 29,452 |
Long-Lived Assets | 7,347 | 7,928 | 8,378 |
Current liabilities | 24,473 | 33,145 | 24,855 |
Non-current liabilities | 828 | 1,080 | 6,044 |
Revenue | 48,128 | 37,591 | 28,590 |
Profit (loss) from continuing operations | 3,289 | 1,319 | 421 |
Other comprehensive income | 0 | 0 | 1,322 |
Comprehensive income | 3,289 | 1,319 | 1,743 |
SQM Vitas BV [Member] | |||
Statement [Line Items] | |||
Current assets | 2,609 | ||
Long-Lived Assets | 0 | ||
Current liabilities | 2 | ||
Non-current liabilities | 0 | ||
Revenue | 0 | ||
Profit (loss) from continuing operations | (30) | ||
Other comprehensive income | (53) | ||
Comprehensive income | (83) | ||
Joint ventures [member] | |||
Statement [Line Items] | |||
Current assets | 128,505 | 115,686 | 139,640 |
Long-Lived Assets | 41,749 | 47,922 | 29,498 |
Current liabilities | 112,206 | 93,300 | 92,712 |
Non-current liabilities | 3,042 | 2,826 | 7,162 |
Revenue | 171,062 | 132,518 | 151,030 |
Profit (loss) from continuing operations | 24,545 | 6,596 | 4,318 |
Other comprehensive income | (1,418) | (2,207) | (670) |
Comprehensive income | 23,127 | 4,389 | 3,648 |
Pavoni C Spa [Member] | |||
Statement [Line Items] | |||
Current assets | 12,885 | 10,645 | 9,444 |
Long-Lived Assets | 6,714 | 7,493 | 7,074 |
Current liabilities | 11,226 | 9,270 | 8,466 |
Non-current liabilities | 725 | 836 | 735 |
Revenue | 19,599 | 15,958 | 14,296 |
Profit (loss) from continuing operations | 347 | 16 | 71 |
Other comprehensive income | (634) | 698 | (510) |
Comprehensive income | (287) | 714 | (439) |
Covalent Lithium Pty Ltd [Member] | |||
Statement [Line Items] | |||
Current assets | 3,904 | 1,418 | 1,616 |
Long-Lived Assets | 2,636 | 2,131 | 958 |
Current liabilities | 7,498 | 2,823 | 2,111 |
Non-current liabilities | 1,489 | 910 | 383 |
Revenue | 0 | 0 | 0 |
Profit (loss) from continuing operations | (864) | (232) | 0 |
Other comprehensive income | 74 | 33 | (25) |
Comprehensive income | $ (790) | $ (199) | $ (25) |
Joint Ventures (Details 3)
Joint Ventures (Details 3) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Statement [Line Items] | ||||
Cash and cash equivalents | $ 1,515,051 | $ 509,102 | $ 588,530 | $ 556,066 |
Other current financial liabilities | 51,305 | 68,955 | ||
Other non-current financial liabilities | 2,587,732 | 1,899,513 | ||
Depreciation and amortisation expense | (214,239) | (203,912) | (201,351) | |
Interest Expense | (84,626) | (82,199) | $ (76,939) | |
Sichuan SQM Migao Chemical Fertilizers Co Ltda. [Member] | ||||
Statement [Line Items] | ||||
Cash and cash equivalents | 0 | 30 | ||
Other current financial liabilities | 0 | 0 | ||
Other non-current financial liabilities | 0 | 0 | ||
Depreciation and amortisation expense | 0 | (394) | ||
Interest Expense | 0 | 0 | ||
Income Tax Benefit (expense) | 0 | 244 | ||
SQM Vitas Fzco. [Member] | ||||
Statement [Line Items] | ||||
Cash and cash equivalents | 4,115 | 4,251 | ||
Other current financial liabilities | 0 | 0 | ||
Other non-current financial liabilities | 0 | 0 | ||
Depreciation and amortisation expense | 0 | (1) | ||
Interest Expense | (1) | (2) | ||
Income Tax Benefit (expense) | 0 | 0 | ||
SQM Vitas Brazil Agroindustria [Member] | ||||
Statement [Line Items] | ||||
Cash and cash equivalents | 4,132 | 4,065 | ||
Other current financial liabilities | 10,416 | 6,820 | ||
Other non-current financial liabilities | 0 | 0 | ||
Depreciation and amortisation expense | (354) | (257) | ||
Interest Expense | (311) | (326) | ||
Income Tax Benefit (expense) | (1,692) | (197) | ||
SQM Vitas Peru S.A.C. [Member] | ||||
Statement [Line Items] | ||||
Cash and cash equivalents | 380 | 1,043 | ||
Other current financial liabilities | 238 | 227 | ||
Other non-current financial liabilities | 289 | 691 | ||
SQM Vitas Plantacote B.V [Member] | ||||
Statement [Line Items] | ||||
Depreciation and amortisation expense | (278) | (355) | ||
Interest Expense | (367) | (656) | ||
Income Tax Benefit (expense) | (1,985) | |||
Joint ventures [member] | ||||
Statement [Line Items] | ||||
Cash and cash equivalents | 13,272 | 10,809 | ||
Other current financial liabilities | 19,195 | 13,573 | ||
Other non-current financial liabilities | 289 | 691 | ||
Depreciation and amortisation expense | (1,044) | (1,483) | ||
Interest Expense | (1,193) | (1,412) | ||
Income Tax Benefit (expense) | (3,507) | 607 | ||
Pavoni C Spa [Member] | ||||
Statement [Line Items] | ||||
Cash and cash equivalents | 787 | 767 | ||
Other current financial liabilities | 7,561 | 5,573 | ||
Other non-current financial liabilities | 0 | 0 | ||
Depreciation and amortisation expense | (245) | (263) | ||
Interest Expense | (459) | (410) | ||
Income Tax Benefit (expense) | (173) | (120) | ||
Covalent Lithium Pty Ltd [Member] | ||||
Statement [Line Items] | ||||
Cash and cash equivalents | 3,858 | 653 | ||
Other current financial liabilities | 980 | 953 | ||
Other non-current financial liabilities | 0 | 0 | ||
Depreciation and amortisation expense | (167) | (213) | ||
Interest Expense | (55) | (18) | ||
Income Tax Benefit (expense) | $ 343 | $ 714 |
Joint Ventures (Details Textual
Joint Ventures (Details Textual) - USD ($) $ in Thousands | Feb. 09, 2021 | Dec. 31, 2020 | Sep. 30, 2020 | Jun. 30, 2020 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 |
Statement [Line Items] | |||||||
Other cash payments to acquire interests in joint ventures, classified as investing activities | $ 0 | $ 16,949 | $ 2,600 | ||||
Gain loss on disposal of investments in joint ventures | $ 643 | ||||||
Soquimich European Holding B.V. [Member] | |||||||
Statement [Line Items] | |||||||
Other cash payments to acquire interests in joint ventures, classified as investing activities | $ 1,276 | ||||||
Arpa Speciali SRL [Member] | |||||||
Statement [Line Items] | |||||||
Disposal of interests in joint ventures consideration receivable | 56 | ||||||
Gain loss on disposal of investments in joint ventures | 125 | ||||||
Proceeds from disposal of interests in joint ventures | 17 | ||||||
Arpa Speciali SRL [Member] | Other Accounts Receivable [Member] | |||||||
Statement [Line Items] | |||||||
Disposal of interest in joint ventures balance consideration receivable current | 20 | ||||||
Disposal of interest in joint ventures balance consideration receivable non current | $ 20 | ||||||
Coromandel SQM India [Member] | |||||||
Statement [Line Items] | |||||||
Proceeds from disposal of interests in joint ventures | $ 1,604 | ||||||
SQM Star Qingdao Corp Nutrition Co., Ltd. [Member] | |||||||
Statement [Line Items] | |||||||
Gain loss on disposal of investments in joint ventures | $ 62 | ||||||
Proceeds from disposal of interests in joint ventures | 1,303 | ||||||
Sichuan SQM Migao Chemical Fertilizers Co Ltd [Member] | |||||||
Statement [Line Items] | |||||||
Reversal of impairment losses on investment in associates | 7,036 | ||||||
Sales contracts and interest in the joint venture | $ 11,500 | ||||||
Kidmann Resourcs Westmen And Mt Holland [Member] | |||||||
Statement [Line Items] | |||||||
Contribution towards projects in joint operations | 30,000 | ||||||
Wesment Farmers Limited [Member] | |||||||
Statement [Line Items] | |||||||
Contribution towards projects in joint operations | $ 15,000 | ||||||
Mt Holland [Member] | |||||||
Statement [Line Items] | |||||||
Finance activities for the year | $ 50,000 |
Cash and cash equivalents (Deta
Cash and cash equivalents (Details) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 30, 2020 | Dec. 31, 2019 | Dec. 31, 2018 |
Cash And Cash Equivalents [Line Items] | |||||
Cash on hand | $ 44 | $ 54 | |||
Cash in banks | 662,407 | 244,548 | |||
Other demand deposits | 0 | 2,527 | |||
Total cash | 662,451 | $ 247,129 | |||
Short-term deposits, classified as cash equivalents | 237,655 | 51,595 | $ 51,595 | ||
Short-term investments, classified as cash equivalents | 614,945 | 210,378 | |||
Total cash equivalents | 852,600 | 261,973 | |||
Total cash and cash equivalents | $ 1,515,051 | $ 509,102 | $ 588,530 | $ 556,066 |
Cash and cash equivalents (De_2
Cash and cash equivalents (Details 1) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 |
Cash And Cash Equivalents [Line Items] | ||
Short-term investments, classified as cash equivalents | $ 614,945 | $ 210,378 |
Legg Mason - Western Asset Institutional Cash Reserves [Member] | ||
Cash And Cash Equivalents [Line Items] | ||
Short-term investments, classified as cash equivalents | 233,648 | 107,625 |
JP Morgan US dollar Liquidity Fund Institutional [Member] | ||
Cash And Cash Equivalents [Line Items] | ||
Short-term investments, classified as cash equivalents | $ 381,297 | $ 102,753 |
Cash and cash equivalents (De_3
Cash and cash equivalents (Details 2) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 |
Cash And Cash Equivalents [Line Items] | ||||
Cash and cash equivalents | $ 1,515,051 | $ 509,102 | $ 588,530 | $ 556,066 |
Peso [Member] | ||||
Cash And Cash Equivalents [Line Items] | ||||
Cash and cash equivalents | 4,416 | 7,190 | ||
Dollar [Member] | ||||
Cash And Cash Equivalents [Line Items] | ||||
Cash and cash equivalents | 1,377,983 | 454,402 | ||
Euro [Member] | ||||
Cash And Cash Equivalents [Line Items] | ||||
Cash and cash equivalents | 14,374 | 17,144 | ||
Mexican Peso [Member] | ||||
Cash And Cash Equivalents [Line Items] | ||||
Cash and cash equivalents | 1,827 | 1,378 | ||
South African Rand [Member] | ||||
Cash And Cash Equivalents [Line Items] | ||||
Cash and cash equivalents | 13,048 | 14,286 | ||
Japanese Yen [Member] | ||||
Cash And Cash Equivalents [Line Items] | ||||
Cash and cash equivalents | 1,182 | 1,646 | ||
Peruvian Sol [Member] | ||||
Cash And Cash Equivalents [Line Items] | ||||
Cash and cash equivalents | 6 | 3 | ||
Indian Rupee [Member] | ||||
Cash And Cash Equivalents [Line Items] | ||||
Cash and cash equivalents | 0 | 6 | ||
Chinese Yuan [Member] | ||||
Cash And Cash Equivalents [Line Items] | ||||
Cash and cash equivalents | 30,102 | 11,597 | ||
Indonesian Rupee [Member] | ||||
Cash And Cash Equivalents [Line Items] | ||||
Cash and cash equivalents | 3 | 3 | ||
Pound Sterling [Member] | ||||
Cash And Cash Equivalents [Line Items] | ||||
Cash and cash equivalents | 1 | 19 | ||
Australian dollar [Member] | ||||
Cash And Cash Equivalents [Line Items] | ||||
Cash and cash equivalents | 72,107 | 1,411 | ||
South Korean won [Member] | ||||
Cash And Cash Equivalents [Line Items] | ||||
Cash and cash equivalents | 0 | 16 | ||
UAE dirham [Member] | ||||
Cash And Cash Equivalents [Line Items] | ||||
Cash and cash equivalents | 1 | 0 | ||
Polish Ztoly [Member] | ||||
Cash And Cash Equivalents [Line Items] | ||||
Cash and cash equivalents | $ 1 | $ 1 |
Cash and cash equivalents (De_4
Cash and cash equivalents (Details 3) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 |
Cash and Cash Equivalents [Line Items] | ||
Restricted cash and cash balances | $ 622 | $ 731 |
Isapre Norte Grande Ltda. [Member] | ||
Cash and Cash Equivalents [Line Items] | ||
Restricted cash and cash balances | $ 622 | $ 731 |
Cash and cash equivalents (De_5
Cash and cash equivalents (Details 4) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 30, 2020 | |
Cash And Cash Equivalents [Line Items] | |||
Notional amount | $ 43,396 | $ 39,031 | $ 51,584 |
Interest accrued to date | 105 | 11 | |
Short-term deposits, classified as cash equivalents | $ 237,655 | $ 51,595 | $ 51,595 |
Short term deposit One [Member] | |||
Cash And Cash Equivalents [Line Items] | |||
Name of the receiver of deposit | Others banks | Banco Santander – Santiago | |
Description of type of deposit | Fixed term | Fixed term | |
Short term deposits, original currency | Dollar | Dollar | |
Short term deposits, Interest rate | 0.58% | 0.35% | |
Date of short term deposit | Nov. 30, 2021 | Dec. 30, 2020 | |
Expiration date | Feb. 28, 2022 | Mar. 30, 2021 | |
Notional amount | $ 200,000 | $ 7,000 | |
Interest accrued to date | 100 | 0 | |
Short-term deposits, classified as cash equivalents | $ 200,100 | $ 7,000 | |
Short term deposit Two [Member] | |||
Cash And Cash Equivalents [Line Items] | |||
Name of the receiver of deposit | Banco BCI | Scotiabank Sud Americano | |
Description of type of deposit | Fixed term | Fixed term | |
Short term deposits, original currency | Dollar | Dollar | |
Short term deposits, Interest rate | 0.31% | 0.35% | |
Date of short term deposit | Dec. 24, 2021 | Nov. 30, 2020 | |
Expiration date | Feb. 28, 2022 | Jan. 8, 2021 | |
Notional amount | $ 1,250 | $ 1,500 | |
Interest accrued to date | 0 | 1 | |
Short-term deposits, classified as cash equivalents | $ 1,250 | $ 1,501 | |
Short term deposit Three [Member] | |||
Cash And Cash Equivalents [Line Items] | |||
Name of the receiver of deposit | Banco BCI | Banco de Chile | |
Description of type of deposit | Fixed term | Fixed term | |
Short term deposits, original currency | Dollar | Dollar | |
Short term deposits, Interest rate | 0.36% | 0.61% | |
Date of short term deposit | Dec. 7, 2021 | Nov. 30, 2020 | |
Expiration date | Jan. 14, 2022 | Jan. 8, 2021 | |
Notional amount | $ 8,000 | $ 2,000 | |
Interest accrued to date | 2 | 1 | |
Short-term deposits, classified as cash equivalents | $ 8,002 | $ 2,001 | |
Short term deposit Four [Member] | |||
Cash And Cash Equivalents [Line Items] | |||
Name of the receiver of deposit | Banco BCI | Banco de Chile | |
Description of type of deposit | Fixed term | Fixed term | |
Short term deposits, original currency | Dollar | Dollar | |
Short term deposits, Interest rate | 0.28% | 0.61% | |
Date of short term deposit | Dec. 30, 2021 | Nov. 30, 2020 | |
Expiration date | Jan. 14, 2022 | Jan. 8, 2021 | |
Notional amount | $ 500 | $ 3,500 | |
Interest accrued to date | 0 | 1 | |
Short-term deposits, classified as cash equivalents | $ 500 | $ 3,501 | |
Short term deposit Five [Member] | |||
Cash And Cash Equivalents [Line Items] | |||
Name of the receiver of deposit | Banco Santander | Banco crédito e Inversiones | |
Description of type of deposit | Fixed term | Fixed term | |
Short term deposits, original currency | Dollar | Dollar | |
Short term deposits, Interest rate | 3.12% | 0.46% | |
Date of short term deposit | Dec. 30, 2021 | Dec. 1, 2020 | |
Expiration date | Jan. 6, 2022 | Jan. 15, 2021 | |
Notional amount | $ 3,550 | $ 500 | |
Interest accrued to date | 2 | 0 | |
Short-term deposits, classified as cash equivalents | $ 3,552 | $ 500 | |
Short term deposit Six [Member] | |||
Cash And Cash Equivalents [Line Items] | |||
Name of the receiver of deposit | Banco Santander | Scotiabank Sud Americano | |
Description of type of deposit | Fixed term | Fixed term | |
Short term deposits, original currency | Dollar | Dollar | |
Short term deposits, Interest rate | 0.26% | 0.40% | |
Date of short term deposit | Dec. 16, 2021 | Dec. 1, 2020 | |
Expiration date | Jan. 31, 2022 | Jan. 15, 2021 | |
Notional amount | $ 2,500 | $ 500 | |
Interest accrued to date | 0 | 0 | |
Short-term deposits, classified as cash equivalents | $ 2,500 | $ 500 | |
Short term deposit Seven [Member] | |||
Cash And Cash Equivalents [Line Items] | |||
Name of the receiver of deposit | Banco Santander | Scotiabank Sud Americano | |
Description of type of deposit | Fixed term | Fixed term | |
Short term deposits, original currency | Dollar | Dollar | |
Short term deposits, Interest rate | 0.40% | 0.40% | |
Date of short term deposit | Dec. 27, 2021 | Dec. 2, 2020 | |
Expiration date | Mar. 4, 2022 | Jan. 20, 2021 | |
Notional amount | $ 1,500 | $ 2,500 | |
Interest accrued to date | 0 | 1 | |
Short-term deposits, classified as cash equivalents | $ 1,500 | $ 2,501 | |
Short term deposit Eight [Member] | |||
Cash And Cash Equivalents [Line Items] | |||
Name of the receiver of deposit | Banco Santander | Banco Santander – Santiago | |
Description of type of deposit | Fixed term | Fixed term | |
Short term deposits, original currency | Dollar | Dollar | |
Short term deposits, Interest rate | 0.40% | 0.50% | |
Date of short term deposit | Dec. 29, 2021 | Dec. 9, 2020 | |
Expiration date | Jan. 27, 2022 | Jan. 25, 2021 | |
Notional amount | $ 1,500 | $ 500 | |
Interest accrued to date | 0 | 0 | |
Short-term deposits, classified as cash equivalents | $ 1,500 | $ 500 | |
Short term deposit Nine [Member] | |||
Cash And Cash Equivalents [Line Items] | |||
Name of the receiver of deposit | Banco Itaú Corpbanca | Scotiabank Sud Americano | |
Description of type of deposit | Fixed term | Fixed term | |
Short term deposits, original currency | Dollar | Dollar | |
Short term deposits, Interest rate | 0.30% | 0.50% | |
Date of short term deposit | Dec. 14, 2021 | Dec. 9, 2020 | |
Expiration date | Jan. 7, 2022 | Jan. 25, 2021 | |
Notional amount | $ 5,000 | $ 1,000 | |
Interest accrued to date | 1 | 0 | |
Short-term deposits, classified as cash equivalents | $ 5,001 | $ 1,000 | |
Short term deposit Ten [Member] | |||
Cash And Cash Equivalents [Line Items] | |||
Name of the receiver of deposit | Banco Itaú Corpbanca | Banco Santander – Santiago | |
Description of type of deposit | Fixed term | Fixed term | |
Short term deposits, original currency | Dollar | Dollar | |
Short term deposits, Interest rate | 0.37% | 0.50% | |
Date of short term deposit | Dec. 28, 2021 | Dec. 9, 2020 | |
Expiration date | Jan. 24, 2022 | Jan. 25, 2021 | |
Notional amount | $ 1,000 | $ 6,000 | |
Interest accrued to date | 0 | 1 | |
Short-term deposits, classified as cash equivalents | $ 1,000 | $ 6,001 | |
Short term deposit Eleven [Member] | |||
Cash And Cash Equivalents [Line Items] | |||
Name of the receiver of deposit | Banco Itaú Corpbanca | Banco crédito e Inversiones | |
Description of type of deposit | Fixed term | Fixed term | |
Short term deposits, original currency | Dollar | Dollar | |
Short term deposits, Interest rate | 0.34% | 0.51% | |
Date of short term deposit | Dec. 7, 2021 | Dec. 9, 2020 | |
Expiration date | Jan. 28, 2022 | Jan. 25, 2021 | |
Notional amount | $ 2,000 | $ 6,000 | |
Interest accrued to date | 0 | 1 | |
Short-term deposits, classified as cash equivalents | $ 2,000 | $ 6,001 | |
Short term deposit Twelve [Member] | |||
Cash And Cash Equivalents [Line Items] | |||
Name of the receiver of deposit | Scotiabank Sud Americano | Banco crédito e Inversiones | |
Description of type of deposit | Fixed term | Fixed term | |
Short term deposits, original currency | Dollar | Dollar | |
Short term deposits, Interest rate | 0.27% | 0.26% | |
Date of short term deposit | Dec. 24, 2021 | Dec. 14, 2020 | |
Expiration date | Feb. 28, 2022 | Jan. 29, 2021 | |
Notional amount | $ 2,750 | $ 500 | |
Interest accrued to date | 0 | 0 | |
Short-term deposits, classified as cash equivalents | $ 2,750 | $ 500 | |
Short term deposit Thirteen [Member] | |||
Cash And Cash Equivalents [Line Items] | |||
Name of the receiver of deposit | Scotiabank Sud Americano | Banco Estado | |
Description of type of deposit | Fixed term | Fixed term | |
Short term deposits, original currency | Dollar | Dollar | |
Short term deposits, Interest rate | 0.06% | 0.14% | |
Date of short term deposit | Dec. 17, 2021 | Dec. 14, 2020 | |
Expiration date | Jan. 31, 2022 | Jan. 29, 2021 | |
Notional amount | $ 3,000 | $ 1,000 | |
Interest accrued to date | 0 | 1 | |
Short-term deposits, classified as cash equivalents | $ 3,000 | $ 1,001 | |
Short term deposit Fourteen [Member] | |||
Cash And Cash Equivalents [Line Items] | |||
Name of the receiver of deposit | Scotiabank Sud Americano | Scotiabank Sud Americano | |
Description of type of deposit | Fixed term | Fixed term | |
Short term deposits, original currency | Dollar | Dollar | |
Short term deposits, Interest rate | 0.07% | 0.40% | |
Date of short term deposit | Dec. 3, 2021 | Dec. 14, 2020 | |
Expiration date | Jan. 18, 2022 | Jan. 29, 2021 | |
Notional amount | $ 5,000 | $ 1,500 | |
Interest accrued to date | 0 | 0 | |
Short-term deposits, classified as cash equivalents | 5,000 | $ 1,500 | |
Short term deposit Fifteen [Member] | |||
Cash And Cash Equivalents [Line Items] | |||
Name of the receiver of deposit | Banco de Chile | ||
Description of type of deposit | Fixed term | ||
Short term deposits, original currency | Dollar | ||
Short term deposits, Interest rate | 0.56% | ||
Date of short term deposit | Dec. 14, 2020 | ||
Expiration date | Jan. 29, 2021 | ||
Notional amount | $ 5,000 | ||
Interest accrued to date | 1 | ||
Short-term deposits, classified as cash equivalents | $ 5,001 | ||
Short term deposit Sixteen [Member] | |||
Cash And Cash Equivalents [Line Items] | |||
Name of the receiver of deposit | Banco Itaú Corpbanca | ||
Description of type of deposit | Fixed term | ||
Short term deposits, original currency | Dollar | ||
Short term deposits, Interest rate | 0.68% | ||
Date of short term deposit | Dec. 18, 2020 | ||
Expiration date | Feb. 1, 2021 | ||
Notional amount | $ 500 | ||
Interest accrued to date | 0 | ||
Short-term deposits, classified as cash equivalents | $ 500 | ||
Short term deposit Seventeen [Member] | |||
Cash And Cash Equivalents [Line Items] | |||
Name of the receiver of deposit | Banco Itaú Corpbanca | ||
Description of type of deposit | Fixed term | ||
Short term deposits, original currency | Dollar | ||
Short term deposits, Interest rate | 0.68% | ||
Date of short term deposit | Dec. 18, 2020 | ||
Expiration date | Feb. 1, 2021 | ||
Notional amount | $ 2,000 | ||
Interest accrued to date | 1 | ||
Short-term deposits, classified as cash equivalents | $ 2,001 | ||
Short term deposit Eighteen [Member] | |||
Cash And Cash Equivalents [Line Items] | |||
Name of the receiver of deposit | Banco crédito e Inversiones | ||
Description of type of deposit | Fixed term | ||
Short term deposits, original currency | Dollar | ||
Short term deposits, Interest rate | 0.20% | ||
Date of short term deposit | Dec. 23, 2020 | ||
Expiration date | Feb. 5, 2021 | ||
Notional amount | $ 2,000 | ||
Interest accrued to date | 1 | ||
Short-term deposits, classified as cash equivalents | $ 2,001 | ||
Short term deposit Nineteen [Member] | |||
Cash And Cash Equivalents [Line Items] | |||
Name of the receiver of deposit | Banco Itaú Corpbanca | ||
Description of type of deposit | Fixed term | ||
Short term deposits, original currency | Dollar | ||
Short term deposits, Interest rate | 0.40% | ||
Date of short term deposit | Dec. 24, 2020 | ||
Expiration date | Feb. 8, 2021 | ||
Notional amount | $ 1,000 | ||
Interest accrued to date | 0 | ||
Short-term deposits, classified as cash equivalents | $ 1,000 | ||
Short term deposit Twenty [Member] | |||
Cash And Cash Equivalents [Line Items] | |||
Name of the receiver of deposit | Banco Santander – Santiago | ||
Description of type of deposit | Fixed term | ||
Short term deposits, original currency | Dollar | ||
Short term deposits, Interest rate | 0.26% | ||
Date of short term deposit | Dec. 29, 2020 | ||
Expiration date | Jan. 8, 2021 | ||
Notional amount | $ 2,500 | ||
Interest accrued to date | 1 | ||
Short-term deposits, classified as cash equivalents | $ 2,501 | ||
Short term deposit Twenty One [Member] | |||
Cash And Cash Equivalents [Line Items] | |||
Name of the receiver of deposit | Banco Santander – Santiago | ||
Description of type of deposit | Fixed term | ||
Short term deposits, original currency | Dollar | ||
Short term deposits, Interest rate | 0.15% | ||
Date of short term deposit | Dec. 30, 2020 | ||
Expiration date | Feb. 12, 2021 | ||
Notional amount | $ 700 | ||
Interest accrued to date | 0 | ||
Short-term deposits, classified as cash equivalents | $ 700 | ||
Short term deposit Twenty Two [Member] | |||
Cash And Cash Equivalents [Line Items] | |||
Name of the receiver of deposit | Banco Itaú Corpbanca | ||
Description of type of deposit | Fixed term | ||
Short term deposits, original currency | Peso | ||
Short term deposits, Interest rate | 0.35% | ||
Date of short term deposit | Dec. 29, 2020 | ||
Expiration date | Jan. 5, 2021 | ||
Notional amount | $ 3,798 | ||
Interest accrued to date | 0 | ||
Short-term deposits, classified as cash equivalents | $ 3,798 | ||
Short term deposit Twenty Three [Member] | |||
Cash And Cash Equivalents [Line Items] | |||
Name of the receiver of deposit | BBVA Banco Francés | ||
Description of type of deposit | Fixed term | ||
Short term deposits, original currency | Dollar | ||
Short term deposits, Interest rate | 1.80% | ||
Date of short term deposit | Dec. 31, 2020 | ||
Expiration date | Mar. 6, 2021 | ||
Notional amount | $ 86 | ||
Interest accrued to date | 0 | ||
Short-term deposits, classified as cash equivalents | $ 86 | ||
Short term deposit [Member] | |||
Cash And Cash Equivalents [Line Items] | |||
Notional amount | $ 237,550 |
Inventories (Details)
Inventories (Details) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 |
Inventories [Abstract] | ||
Raw material reserves | $ 12,508 | $ 10,694 |
Production supplies | 41,114 | 31,007 |
Products-in-progress reserves | 527,118 | 487,830 |
Finished product reserves | 603,036 | 563,497 |
Total | $ 1,183,776 | $ 1,093,028 |
Inventories (Details 1)
Inventories (Details 1) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 |
Inventories [Abstract] | ||
Raw material reserves | $ 1,865 | $ 1,934 |
Products-in-progress reserves | 59,858 | 66,122 |
Finished product reserves | 14,169 | 12,874 |
Total | $ 75,892 | $ 80,930 |
Inventories (Details 2)
Inventories (Details 2) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Inventories [Abstract] | |||
Increase in Lower Value | $ (3,650) | $ (5,404) | $ (6,987) |
Additional Provision Differences of Inventory | 330 | (704) | (123) |
Increase / Decrease eventual differences and others | 0 | 1,244 | (6,262) |
Provision Used | $ (1,718) | $ (2,380) | $ (3,736) |
Inventories (Details Textual)
Inventories (Details Textual) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2021 | Dec. 31, 2020 | |
Inventories [Abstract] | ||
Current materials and supplies to be consumed in production process or rendering services | $ 458,913 | $ 422,535 |
Cost of inventories recognised as expense during period | 75,892 | 80,930 |
Products In Progress | 111,316 | 108,909 |
Finished product | $ 99,551 | $ 176,561 |
Related party disclosures (Deta
Related party disclosures (Details) | 12 Months Ended | |
Dec. 31, 2021 | Dec. 31, 2020 | |
Related party disclosures [Line Items] | ||
Tax ID | 77.114.779-8 | N/A |
Country of origin | Chile | |
Nitratos Naturais Do Chile Ltda. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Brazil | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM North America Corp. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | United States | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM Europe N.V. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Belgium | |
Functional currency | Dollar | |
Nature | Subsidiary | |
Soquimich European Holding B.V. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Netherlands | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM Corporation N.V. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Curacao | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM Comercial De Mexico S.A. de C.V. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Mexico | |
Functional currency | Dollar | |
Nature | Subsidiary | |
North American Trading Company [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | United States | |
Functional currency | Dollar | |
Nature | Subsidiary | |
Administracion y Servicios Santiago S.A. de C.V. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Mexico | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM Peru S.A. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Peru | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM Ecuador S.A. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Ecuador | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM Nitratos Mexico S.A. de C.V. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Mexico | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQMC Holding Corporation L.L.P. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | United States | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM Investment Corporation N.V. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Curacao | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM Brasil Limitada [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Brazil | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM France S.A. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | France | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM Japan Co. Ltd. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Japan | |
Functional currency | Dollar | |
Nature | Subsidiary | |
Royal Seed Trading Corporation A.V.V. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Aruba | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM Oceania Pty Limited [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Australia | |
Functional currency | Dollar | |
Nature | Subsidiary | |
Rs Agro-Chemical Trading Corporation A.V.V. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Aruba | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM Indonesia S.A. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Indonesia | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM Virginia L.L.C. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | United States | |
Functional currency | Dollar | |
Nature | Subsidiary | |
Comercial Caiman Internacional S.A. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Panama | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM Africa Pty Ltd. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | South Africa | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM Colombia SAS [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Colombia | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM Internacional NV [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Belgium | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM Shanghai Chemicals Co Ltd [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | China | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM Lithium Specialties LLC [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | United States | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM Iberian S.A. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Spain | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM Beijing Commercial Co. Ltd. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | China | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM Thailand Limited [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Thailand | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM Australia PTY [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Australia | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM Holland B.V. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Netherlands | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM Korea LLC [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Korea | |
Functional currency | Dollar | |
Nature | Subsidiary | |
Comercial Hydro S.A. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | 96.801.610-5 | |
Country of origin | Chile | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM Potasio SA [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | 96.651.060-9 | |
Country of origin | Chile | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM Nitratos SA [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | 96.592.190-7 | |
Country of origin | Chile | |
Functional currency | Dollar | |
Nature | Subsidiary | |
Ajay SQM Chile SA [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | 96.592.180-K | |
Country of origin | Chile | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM Industrial SA [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | 79.947.100-0 | |
Country of origin | Chile | |
Functional currency | Dollar | |
Nature | Subsidiary | |
Isapre Norte Grande Ltda. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | 79.906.120-1 | |
Country of origin | Chile | |
Functional currency | Peso | |
Nature | Subsidiary | |
Almacenes y Depositos Ltda. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | 79.876.080-7 | |
Country of origin | Chile | |
Functional currency | Peso | |
Nature | Subsidiary | |
Servicios Integrales de Transitos y Transferencias S.A. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | 79.770.780-5 | |
Country of origin | Chile | |
Functional currency | Dollar | |
Nature | Subsidiary | |
Soquimich Comercial S.A. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | 79.768.170-9 | |
Country of origin | Chile | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM Salar SA [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | 79.626.800-K | |
Country of origin | Chile | |
Functional currency | Dollar | |
Nature | Subsidiary | |
Sociedad Prestadora de Servicios de Salud Cruz del Norte SA [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | 76.534.490-5 | |
Country of origin | Chile | |
Functional currency | Peso | |
Nature | Subsidiary | |
Exploraciones Mineras SA [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | 76.425.380-9 | |
Country of origin | Chile | |
Functional currency | Dollar | |
Nature | Subsidiary | |
Comercial Agrorama Ltda. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | 76.064.419-6 | |
Country of origin | Chile | |
Functional currency | Peso | |
Nature | Subsidiary | |
Agrorama S.A. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | 76.145.229-0 | |
Country of origin | Chile | |
Functional currency | Peso | |
Nature | Subsidiary | |
Orcoma Estudios SPA [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | 76.359.919-1 | |
Country of origin | Chile | |
Functional currency | Dollar | |
Nature | Subsidiary | |
Orcoma SPA [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | 76.360.575-2 | |
Country of origin | Chile | |
Functional currency | Dollar | |
Nature | Subsidiary | |
SQM MaG SpA. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | 76.686.311-9 | |
Country of origin | Chile | |
Functional currency | Dollar | |
Nature | Subsidiary | |
Sociedad Contractual Minera Búfalo [Member] | ||
Related party disclosures [Line Items] | ||
Country of origin | Chile | |
Functional currency | Dollar | |
Abu Dhabi Fertilizer Industries Wwl [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Arab Emirates | |
Functional currency | Arab Emirates dirham | |
Nature | Associate | |
Ajay North America [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | United States | |
Functional currency | Dollar | |
Nature | Associate | |
Ajay Europe SARL [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | France | |
Functional currency | Euro | |
Nature | Associate | |
Kore Potash Ltd. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | United Kingdom | |
Functional currency | Dollar | |
Nature | Associate | |
SQM Vitas Fzco. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Arab Emirates | |
Functional currency | Arab Emirates dirham | |
Nature | Joint venture | |
Covalent Lithium Pty Ltd [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Australia | |
Functional currency | Dollar | |
Nature | Joint venture | |
Pavoni & C, SPA [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Italy | |
Functional currency | Euro | |
Nature | Joint venture | |
Sociedad de Inversiones Pampa Calichera [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | 96.511.530-7 | |
Country of origin | Chile | |
Functional currency | Dollar | |
Nature | Other related parties | |
Norte Grande S.A. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Chile | 96.529.340-K |
Country of origin | Chile | Chile |
Functional currency | Peso | |
Nature | Other related parties | Other related parties |
Callegari Agricola S.A. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | 79.049.778-9 | |
Country of origin | Chile | |
Functional currency | Peso | |
Nature | Other related parties | |
Norte Grande S.A. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | 96.529.340-K | |
Sqm Vitas Brazil Agroindustria Foreign [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Brazil | |
Functional currency | Brazilian real | |
Nature | Other related parties | |
SQM Vitas Peru S.A.C. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Peru | |
Functional currency | Dollar | |
Nature | Other related parties | |
Abu Dhabi Fertilizer Industries WWL [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Oman | |
Functional currency | United Arab Emirates dirham | |
Nature | Other related parties | |
International Technical and Trading Agencies CO WLL [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Country of origin | Jordan | |
Functional currency | United Arab Emirates dirham | |
Nature | Other related parties | |
Ara Dos Primera del Salar de Pampa Blanca, Sierra Gorda [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | N/A | |
Country of origin | Chile | |
Functional currency | Peso | |
Nature | Other related parties | |
Ara Tres Primera del Salar de Pampa Blanca, Sierra Gorda [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | N/A | |
Country of origin | Chile | |
Functional currency | Peso | |
Nature | Other related parties | |
Ara Cuatro Primera del Salar de Pampa Blanca Sierra Gorda [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | N/A | |
Country of origin | Chile | |
Functional currency | Peso | |
Ara Cinco Primera del Salar de Pampa Blanca, Sierra Gorda [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | N/A | |
Country of origin | Chile | |
Functional currency | Peso | |
Nature | Other related parties | |
Curicó Dos Primera del Salar de Pampa Alta, Sierra Gorda [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | N/A | |
Country of origin | Chile | |
Functional currency | Peso | |
Nature | Other related parties | |
Curicó Tres Primera del Sector de Pampa Alta, Sierra Gorda [Member] | ||
Related party disclosures [Line Items] | ||
Country of origin | Chile | |
Functional currency | Peso | |
Nature | Other related parties | |
Evelyn Veinticuatro Primera de Sierra Gorda [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | N/A | |
Country of origin | Chile | |
Functional currency | Peso | |
Nature | Other related parties | |
Filomena Tres Primera de Oficina Filomena, Sierra Gorda [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | N/A | |
Country of origin | Chile | |
Functional currency | Peso | |
Filomena Cuatro Primera de Oficina Filomena, Sierra Gorda [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | N/A | |
Country of origin | Chile | |
Functional currency | Peso | |
Nature | Other related parties | |
Francis Cuatro Primera de Pampa Blanca, Sierra Gorda [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | N/A | |
Country of origin | Chile | |
Functional currency | Peso | |
Nature | Other related parties | |
Francis Cuatro Segunda del Salar de Pampa Blanca, Sierra Gorda [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | N/A | |
Country of origin | Chile | |
Functional currency | Peso | |
Nature | Other related parties | |
Francis Cuatro Tercera de Pampa Blanca, Sierra Gorda [Member] | ||
Related party disclosures [Line Items] | ||
Country of origin | Chile | |
Functional currency | Peso | |
Nature | Other related parties | |
Francis Cuatro Cuarta de Pampa Blanca, Sierra Gorda [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | N/A | |
Country of origin | Chile | |
Functional currency | Peso | |
Nature | Other related parties | |
Francis Cuatro Quinta de Pampa Blanca, Sierra Gorda [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | N/A | |
Country of origin | Chile | |
Functional currency | Peso | |
Nature | Other related parties | |
Francis Primera del Salar de Pampa Blanca de Sierra Gorda [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | N/A | |
Country of origin | Chile | |
Functional currency | Peso | |
Nature | Other related parties | |
Francis Segunda del Salar de Pampa Blanca de Sierra Gorda [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | N/A | |
Country of origin | Chile | |
Functional currency | Peso | |
Nature | Other related parties | |
Francis Tercera del Salar de Pampa Blanca de Sierra Gorda [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | N/A | |
Country of origin | Chile | |
Functional currency | Peso | |
Nature | Other related parties | |
Ivon Primera de Sierra Gorda [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | N/A | |
Country of origin | Chile | |
Functional currency | Peso | |
Nature | Other related parties | |
Ivon Décima Segunda de Sierra Gorda [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | N/A | |
Functional currency | Peso | |
Nature | Other related parties | |
Ivon Sexta de Sierra Gorda [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | N/A | |
Country of origin | Chile | |
Functional currency | Peso | |
Nature | Other related parties | |
Julia Primera de Sierra Gorda [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | N/A | |
Country of origin | Chile | |
Functional currency | Peso | |
Nature | Other related parties | |
Lorena Trigésimo Quinta de Sierra Gorda [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | N/A | |
Country of origin | Chile | |
Functional currency | Peso | |
Nature | Other related parties | |
Perseverancia Primera de Sierra Gorda [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | N/A | |
Country of origin | Chile | |
Functional currency | Peso | |
Nature | Other related parties | |
Tamara 40 Primera del Sector S.E. OF. Concepción, Sierra Gorda [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | N/A | |
Country of origin | Chile | |
Functional currency | Peso | |
Nature | Other related parties | |
Tamara Tercera de Oficina Concepción, Sierra Gorda [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | N/A | |
Country of origin | Chile | |
Functional currency | Peso | |
Nature | Other related parties | |
Tamara 40 Segunda del Sector S.E. OF Concepción, Sierra Gorda [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | N/A | |
Country of origin | Chile | |
Functional currency | Peso | |
Nature | Other related parties | |
Sociedad Periodística El Libero [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | 76.389.727-3 | |
Country of origin | Chile | |
Nature | Other related parties | |
El Mercurio S.A.P. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Chile | 90.193.000-7 |
Country of origin | Chile | Chile |
Nature | Other related parties | Other related parties |
Empresa Nacional de Telecomunicaciones S.A. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Chile | 92.580.000-7 |
Country of origin | Chile | Chile |
Nature | Other related parties | Other related parties |
Entel PCS Telecomunicaciones S.A. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Chile | 96.806.980-2 |
Country of origin | Chile | Chile |
Nature | Other related parties | Other related parties |
Banco de Chile [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Chile | 97.004.000-5 |
Country of origin | Chile | Chile |
Nature | Other related parties | Other related parties |
Compania de Seguros de Vida Consorcio Nacional [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Chile | 99.012.000-5 |
Country of origin | Chile | Chile |
Nature | Other related parties | Other related parties |
Gonzalo Guerrero Yamamoto [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | 10.581.580-8 | |
Country of origin | Chile | |
Nature | Other related parties | |
Universidad del Desarrollo [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | 71.644.300-0 | |
Country of origin | Chile | |
Nature | Other related parties |
Related party disclosures (De_2
Related party disclosures (Details 1) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Related party disclosures [Line Items] | |||
Tax ID | 77.114.779-8 | N/A | |
Country of origin | Chile | ||
Doktor Tarsa Tarim Sanayi AS [Member] | |||
Related party disclosures [Line Items] | |||
Tax ID | Foreign | ||
Nature | Associate | ||
Country of origin | Turkey | ||
Transaction | Sale of products | ||
Revenue from sale of goods, related party transactions | $ 0 | $ 1,053 | $ 14,767 |
Ajay Europe S.A.R.L [Member] | |||
Related party disclosures [Line Items] | |||
Tax ID | Foreign | ||
Nature | Associate | ||
Country of origin | France | ||
Transaction | Sale of products | ||
Revenue from sale of goods, related party transactions | $ 39,760 | 23,162 | 21,348 |
Ajay Europe S,A.R.L. [Member] | |||
Related party disclosures [Line Items] | |||
Tax ID | Foreign | ||
Nature | Associate | ||
Country of origin | France | ||
Transaction | Dividends | ||
Dividend income | $ 992 | 1,197 | 1,055 |
Ajay North America LLC. [Member] | |||
Related party disclosures [Line Items] | |||
Tax ID | Foreign | ||
Nature | Associate | ||
Country of origin | United States of America | ||
Transaction | Sale of products | ||
Revenue from sale of goods, related party transactions | $ 27,763 | 20,259 | 16,932 |
Ajay North America LLC. [Member] | |||
Related party disclosures [Line Items] | |||
Tax ID | Foreign | ||
Nature | Associate | ||
Country of origin | United States | ||
Transaction | Dividends | ||
Dividend income | $ 1,233 | 1,967 | 2,796 |
Abu Dhabi Fertilizer Industries WWL [Member] | |||
Related party disclosures [Line Items] | |||
Tax ID | Foreign | ||
Nature | Associate | ||
Country of origin | United Arab Emirates | ||
Transaction | Dividends | ||
Revenue from sale of goods, related party transactions | $ 9,438 | 0 | 0 |
Abu Dhabi Fertilizer Industries WWL [Member] | |||
Related party disclosures [Line Items] | |||
Tax ID | Foreign | ||
Nature | Associate | ||
Country of origin | United Arab Emirates | ||
Transaction | Sale of products | ||
Dividend income | $ 0 | 0 | 3,749 |
Charlee SQM Thailand Co. Ltd. [Member] | |||
Related party disclosures [Line Items] | |||
Transaction | Sale of products | ||
Revenue from sale of goods, related party transactions | $ 79,086 | 41,341 | 46,876 |
Charlee SQM Thailand Co. Ltd. [Member] | |||
Related party disclosures [Line Items] | |||
Country of origin | Perú | ||
Transaction | Sale of products | ||
Dividend income | $ 17,016 | 17,723 | 24,138 |
SQM Vitas Brasil Agroindustria [Member] | |||
Related party disclosures [Line Items] | |||
Tax ID | Foreign | ||
Nature | Other related parties | ||
Country of origin | Brazil | ||
Transaction | Sale of products | ||
Revenue from sale of goods, related party transactions | $ 2,060 | 1,510 | 3,955 |
SQM Vitas Peru S.A.C. [Member] | |||
Related party disclosures [Line Items] | |||
Tax ID | Foreign | ||
Nature | Other related parties | ||
Country of origin | Peru | ||
Transaction | Dividends | ||
Revenue from sale of goods, related party transactions | $ 0 | 2,223 | 0 |
SQM Vitas Fzco. [Member] | |||
Related party disclosures [Line Items] | |||
Tax ID | Foreign | ||
Nature | Joint venture | ||
Country of origin | United Arab Emirates | ||
Transaction | Sale of products | ||
Dividend income | $ 0 | 0 | 1,929 |
Coromandel SQM India [Member] | |||
Related party disclosures [Line Items] | |||
Tax ID | Foreign | ||
Nature | Joint venture | ||
Country of origin | India | ||
Transaction | Sale of products | ||
Revenue from sale of goods, related party transactions | $ 0 | 737 | 1,280 |
SQM Star Qingdao Corp Nutrition Co., Ltd. [Member] | |||
Related party disclosures [Line Items] | |||
Tax ID | Foreign | ||
Nature | Joint venture | ||
Country of origin | China | ||
Transaction | Sale of products | ||
Revenue from sale of goods, related party transactions | $ 961 | 1,125 | 3,152 |
SQM Star Qingdao Corp Nutrition Co., Ltd. [Member] | |||
Related party disclosures [Line Items] | |||
Tax ID | Foreign | ||
Country of origin | China | ||
Terra Tarsa Ukraine LLC [Member] | |||
Related party disclosures [Line Items] | |||
Tax ID | Foreign | ||
Nature | Other related parties | ||
Country of origin | Ukraine | ||
Transaction | Sale of products | ||
Revenue from sale of goods, related party transactions | $ 0 | 0 | 4,096 |
Pavoni & CPA [Member] | |||
Related party disclosures [Line Items] | |||
Country of origin | Italy | ||
Plantacote N.V [Member] | |||
Related party disclosures [Line Items] | |||
Tax ID | Foreign | ||
Nature | Other related parties | ||
Country of origin | Belgium | ||
Transaction | Sale of products | ||
Revenue from sale of goods, related party transactions | $ 0 | 0 | 2,359 |
Pavoni & C, SPA [Member] | |||
Related party disclosures [Line Items] | |||
Tax ID | Foreign | ||
Nature | Joint venture | ||
Country of origin | Italy | ||
Transaction | Sale of products | ||
Revenue from sale of goods, related party transactions | $ 0 | 0 | 40 |
Arpa Speciali SRL [Member] | |||
Related party disclosures [Line Items] | |||
Tax ID | Foreign | ||
Nature | Associate | ||
Country of origin | Italy | ||
Transaction | Sale of products | ||
Revenue from sale of goods, related party transactions | $ 0 | $ 0 | 47 |
Terra Tarsa Don LLC [Member] | |||
Related party disclosures [Line Items] | |||
Tax ID | Foreign | ||
Nature | Other related parties | ||
Country of origin | Russian Federation | ||
SQM Eastmed Turkey [Member] | |||
Related party disclosures [Line Items] | |||
Tax ID | Foreign | ||
Country of origin | Turkey | ||
Banco de Chile [Member] | |||
Related party disclosures [Line Items] | |||
Tax ID | Chile | 97.004.000-5 | |
Nature | Other related parties | Other related parties | |
Country of origin | Chile | Chile | |
Transaction | Service Provider | ||
Services received, related party transactions | $ (20,904) | $ 0 | 0 |
Norte Grande S.A.[Member] | |||
Related party disclosures [Line Items] | |||
Tax ID | Chile | 96.529.340-K | |
Nature | Other related parties | Other related parties | |
Country of origin | Chile | Chile | |
Transaction | Client | ||
Services received, related party transactions | $ (146) | $ 0 | 0 |
El Mercurio S.A.P. [Member] | |||
Related party disclosures [Line Items] | |||
Tax ID | Chile | 90.193.000-7 | |
Nature | Other related parties | Other related parties | |
Country of origin | Chile | Chile | |
Transaction | Service Provider | ||
Services received, related party transactions | $ (131) | $ 0 | 0 |
Compania de Seguros de Vida Consorcio Nacional [Member] | |||
Related party disclosures [Line Items] | |||
Tax ID | Chile | 99.012.000-5 | |
Nature | Other related parties | Other related parties | |
Country of origin | Chile | Chile | |
Transaction | Service Provider | ||
Services received, related party transactions | $ (134) | $ 0 | 0 |
Entel PCS Telecomunicaciones S.A. [Member] | |||
Related party disclosures [Line Items] | |||
Tax ID | Chile | 96.806.980-2 | |
Nature | Other related parties | Other related parties | |
Country of origin | Chile | Chile | |
Transaction | Service Provider | ||
Services received, related party transactions | $ (157) | $ 0 | 0 |
Empresa Nacional de Telecomunicaciones S.A. [Member] | |||
Related party disclosures [Line Items] | |||
Tax ID | Chile | 92.580.000-7 | |
Nature | Other related parties | Other related parties | |
Country of origin | Chile | Chile | |
Transaction | Service Provider | ||
Services received, related party transactions | $ (2,393) | $ 0 | $ 0 |
Related party disclosures (De_3
Related party disclosures (Details 3) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2021 | Dec. 31, 2020 | |
Related party disclosures [Line Items] | ||
Tax ID | 77.114.779-8 | N/A |
Country of origin | Chile | |
Current receivables due from related parties | $ 86,152 | $ 62,601 |
Ajay Europe SARL [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Nature | Associate | |
Country of origin | France | |
Currency | Euro | |
Current receivables due from related parties | $ 7,567 | 4,625 |
Ajay North America LLC. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Nature | Associate | |
Country of origin | United States of America | |
Currency | Dollar | |
Current receivables due from related parties | $ 3,350 | 2,956 |
Abu Dhabi Fertilizer Industries WWL [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Nature | Associate | |
Country of origin | United Arab Emirates | |
Currency | United Arab Emirates Dirham | |
Current receivables due from related parties | $ 2,477 | 595 |
Soc.de Inversiones Pampa Calichera [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | 96.511.530-7 | |
Nature | Other related parties | |
Country of origin | Chile | |
Currency | Dollar | |
Current receivables due from related parties | $ 5 | 6 |
SQM Vitas Brazil Agroindustria [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Nature | Other related parties | |
Country of origin | Brazil | |
Currency | Dollar | |
Current receivables due from related parties | $ 55,119 | 24,335 |
SQM Vitas Peru S.A.C. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Nature | Other related parties | |
Country of origin | Peru | |
Currency | Dollar | |
Current receivables due from related parties | $ 14,684 | 24,205 |
SQM Vitas Fzco. [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Nature | Joint venture | |
Country of origin | United Arab Emirates | |
Currency | United Arab Emirates Dirham | |
Current receivables due from related parties | $ 232 | 236 |
Pavoni And C Spa [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Nature | Joint venture | |
Country of origin | Italy | |
Currency | Euro | |
Current receivables due from related parties | $ 804 | 1,095 |
Covalent Lithium Pty Ltd.[Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Nature | Joint venture | |
Country of origin | Australia | |
Currency | Australian dollar | |
Current receivables due from related parties | $ 1,914 | 84 |
Sichuan SQM Migao Chemical Fertilizers Co Ltd [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Nature | Joint venture | |
Country of origin | China | |
Currency | Dollar | |
Current receivables due from related parties | $ 0 | $ 4,464 |
Related party disclosures (De_4
Related party disclosures (Details 4) - USD ($) | 12 Months Ended | |
Dec. 31, 2021 | Dec. 31, 2020 | |
Related party disclosures [Line Items] | ||
Tax ID | 77.114.779-8 | N/A |
Country of origin | Chile | |
Current payables to related parties | $ 0 | $ 606,000 |
Ajay Europe S.A.R.L [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Nature | Associate | |
Country of origin | France | |
Currency | Euro | |
Current payables to related parties | $ 0 | 50 |
Covalent Lithium Pty Ltd [Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Nature | Joint venture | |
Country of origin | Australia | |
Currency | Australian dollar | |
Current payables to related parties | $ 0 | 324,000 |
Ajay North America LLC.[Member] | ||
Related party disclosures [Line Items] | ||
Tax ID | Foreign | |
Nature | Associate | |
Country of origin | United States of America | |
Currency | Dollar | |
Current payables to related parties | $ 0 | $ 232 |
Related party disclosures (De_5
Related party disclosures (Details Textual) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 |
Related party disclosures [Line Items] | ||
Current receivables due from related parties | $ 86,152 | $ 62,601 |
Top of range [Member] | ||
Related party disclosures [Line Items] | ||
Current receivables due from related parties | $ 717 | 7,545 |
Sichuan SQM Migao Chemical Fertilizers Co Ltda. [Member] | ||
Related party disclosures [Line Items] | ||
Current receivables due from related parties | $ 6,502 |
Financial instruments (Details)
Financial instruments (Details) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 |
Financial instruments [Line Items] | ||
Other non-current financial assets | $ 9,268 | $ 51,925 |
Other current financial assets | 919,049 | 348,069 |
Hedging assets [Member] | ||
Financial instruments [Line Items] | ||
Other non-current financial assets | 245 | 37,276 |
Other current financial assets | 12,625 | 0 |
Financial assets at amortised cost, category [member] | ||
Financial instruments [Line Items] | ||
Other non-current financial assets | 91 | 80 |
Other current financial assets | 905,170 | 345,459 |
Financial assets at fair value through profit or loss, classified as held for trading, category [member] | ||
Financial instruments [Line Items] | ||
Other current financial assets | 1,254 | 2,610 |
Financial assets measured at fair value through other comprehensive income, category [member] | ||
Financial instruments [Line Items] | ||
Other non-current financial assets | $ 8,932 | $ 14,569 |
Financial instruments (Details
Financial instruments (Details 1) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 |
Financial instruments [Line Items] | ||
Other current financial assets | $ 919,049 | $ 348,069 |
Banco Itaú CorpBanca [Member] | ||
Financial instruments [Line Items] | ||
Other current financial assets | 195,471 | 49,006 |
Financial assets at amortised cost [member] | ||
Financial instruments [Line Items] | ||
Other current financial assets | 905,170 | 345,459 |
Financial assets at amortised cost [member] | Banco de Credito e Inversiones [Member] | ||
Financial instruments [Line Items] | ||
Other current financial assets | 34,325 | 185,589 |
Financial assets at amortised cost [member] | Banco Santander [Member] | ||
Financial instruments [Line Items] | ||
Other current financial assets | 65,899 | 45,168 |
Financial assets at amortised cost [member] | Banco de Chile [Member] | ||
Financial instruments [Line Items] | ||
Other current financial assets | 0 | 0 |
Financial assets at amortised cost [member] | Scotiabank Sud Americano [Member] | ||
Financial instruments [Line Items] | ||
Other current financial assets | 289,421 | 31,668 |
Financial assets at amortised cost [member] | JP Morgan Asset Management [Member] | ||
Financial instruments [Line Items] | ||
Other current financial assets | 0 | 34,028 |
Financial assets at amortised cost [member] | Sumitomo Mitsui Banking [Member] | ||
Financial instruments [Line Items] | ||
Other current financial assets | $ 320,054 | $ 0 |
Financial instruments (Parenthe
Financial instruments (Parenthetical) (Details 1) - USD ($) $ in Thousands | 3 Months Ended | ||
Mar. 31, 2021 | Dec. 31, 2021 | Dec. 31, 2020 | |
Financial instruments [Line Items] | |||
Proceeds from the sale of equity instruments | $ 16,413 | ||
Term deposit One [member] | |||
Financial instruments [Line Items] | |||
Assets Pledged as Collateral | $ 31,430 | $ 0 |
Financial instruments (Detail_2
Financial instruments (Details 2) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 |
Financial instruments [Line Items] | ||
Trade and other current receivables | $ 654,073 | $ 365,206 |
Non-current trade receivables | 6,172 | 11,165 |
Trade and other non-current receivables | 6,172 | 11,165 |
Trade and other receivables | 660,245 | 376,371 |
Trade and other receivables [Member] | ||
Financial instruments [Line Items] | ||
Current trade receivables | 590,312 | 313,265 |
Current prepayments | 49,168 | 19,900 |
Other current receivables | 14,593 | 32,041 |
Non-current trade receivables | 0 | 0 |
Non-current prepayments | 0 | 0 |
Other non-current receivables | 6,172 | 11,165 |
Trade receivables | 590,312 | 313,265 |
Prepayments | 49,168 | 19,900 |
Other Receivables | $ 20,765 | $ 43,206 |
Financial instruments (Detail_3
Financial instruments (Details 3) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 |
Financial instruments [Line Items] | ||
Gross receivables | $ 674,244 | $ 396,099 |
Impairment provision for doubtful receivables | (13,999) | (19,728) |
Trade receivables, net | 660,245 | 376,371 |
Receivables related to credit operations, current [Member] | ||
Financial instruments [Line Items] | ||
Gross receivables | 600,664 | 327,586 |
Impairment provision for doubtful receivables | (10,352) | (14,321) |
Trade receivables, net | 590,312 | 313,265 |
Prepayments, current [Member] | ||
Financial instruments [Line Items] | ||
Gross receivables | 49,952 | 20,684 |
Impairment provision for doubtful receivables | (784) | (784) |
Trade receivables, net | 49,168 | 19,900 |
Other receivables, current [Member] | ||
Financial instruments [Line Items] | ||
Gross receivables | 17,456 | 36,664 |
Impairment provision for doubtful receivables | (2,863) | (4,623) |
Trade receivables, net | 14,593 | 32,041 |
Other receivables, non-current [Member] | ||
Financial instruments [Line Items] | ||
Gross receivables | 6,172 | 11,165 |
Impairment provision for doubtful receivables | 0 | 0 |
Trade receivables, net | $ 6,172 | $ 11,165 |
Financial instruments (Detail_4
Financial instruments (Details 4) $ in Thousands | Dec. 31, 2021USD ($)Numbers | Dec. 31, 2020USD ($)EmployeesNumbers |
Financial instruments [Line Items] | ||
Total Gross Book Value | $ 654,073 | $ 365,206 |
Uncollateralized Portfolio [Member] | ||
Financial instruments [Line Items] | ||
Number of customers under no renegotiated terms | Numbers | 1,517 | 1,587 |
Portfolio under no renegotiated terms | $ 599,637 | $ 325,726 |
Number of customers under renegotiated terms | Numbers | 126 | 110 |
Portfolio under renegotiated terms, gross | $ 1,027 | $ 1,860 |
Receivables due from related parties, current [Member] | ||
Financial instruments [Line Items] | ||
Total Gross Book Value | 86,869 | 70,146 |
Impairment Estimate | $ 717 | $ 7,545 |
Between 1 and 30 days [Member] | ||
Financial instruments [Line Items] | ||
Expected credit loss rate | 8.00% | 10.00% |
Total Gross Book Value | $ 22,633 | $ 12,200 |
Impairment Estimate | $ 1,856 | $ 1,207 |
Between 1 and 30 days [Member] | Uncollateralized Portfolio [Member] | ||
Financial instruments [Line Items] | ||
Number of customers under no renegotiated terms | Numbers | 112 | 119 |
Portfolio under no renegotiated terms | $ 22,632 | $ 12,140 |
Number of customers under renegotiated terms | Numbers | 0 | 8 |
Portfolio under renegotiated terms, gross | $ 0 | $ 60 |
Between 31 and 60 days [member] | ||
Financial instruments [Line Items] | ||
Expected credit loss rate | 32.00% | 39.00% |
Total Gross Book Value | $ 2,113 | $ 1,226 |
Impairment Estimate | $ 673 | $ 477 |
Between 31 and 60 days [member] | Uncollateralized Portfolio [Member] | ||
Financial instruments [Line Items] | ||
Number of customers under no renegotiated terms | Numbers | 18 | 12 |
Portfolio under no renegotiated terms | $ 2,114 | $ 1,226 |
Number of customers under renegotiated terms | Numbers | 0 | 0 |
Portfolio under renegotiated terms, gross | $ 0 | $ 0 |
Between 61 and 90 days [member] | ||
Financial instruments [Line Items] | ||
Expected credit loss rate | 34.00% | 52.00% |
Total Gross Book Value | $ 1,015 | $ 159 |
Impairment Estimate | $ 346 | $ 83 |
Between 61 and 90 days [member] | Uncollateralized Portfolio [Member] | ||
Financial instruments [Line Items] | ||
Number of customers under no renegotiated terms | Numbers | 11 | 5 |
Portfolio under no renegotiated terms | $ 1,015 | $ 159 |
Number of customers under renegotiated terms | Numbers | 0 | 0 |
Portfolio under renegotiated terms, gross | $ 0 | $ 0 |
More than 91 days [member] | ||
Financial instruments [Line Items] | ||
Expected credit loss rate | 71.00% | 79.00% |
Total Gross Book Value | $ 3,874 | $ 11,883 |
Impairment Estimate | $ 2,753 | $ 9,367 |
Between 121 and 150 days [member] | Uncollateralized Portfolio [Member] | ||
Financial instruments [Line Items] | ||
Number of customers under no renegotiated terms | Numbers | 3 | 2 |
Portfolio under no renegotiated terms | $ 43 | $ 2,384 |
Number of customers under renegotiated terms | Numbers | 0 | 2 |
Portfolio under renegotiated terms, gross | $ 0 | $ 2 |
Between 151 and 180 days [member] | Uncollateralized Portfolio [Member] | ||
Financial instruments [Line Items] | ||
Number of customers under no renegotiated terms | Numbers | 3 | 3 |
Portfolio under no renegotiated terms | $ 4 | $ 1,398 |
Number of customers under renegotiated terms | Numbers | 0 | 4 |
Portfolio under renegotiated terms, gross | $ 0 | $ 12 |
Between 181 and 210 days [member] | Uncollateralized Portfolio [Member] | ||
Financial instruments [Line Items] | ||
Number of customers under no renegotiated terms | Numbers | 3 | 1 |
Portfolio under no renegotiated terms | $ 130 | $ 0 |
Number of customers under renegotiated terms | Numbers | 0 | 2 |
Portfolio under renegotiated terms, gross | $ 0 | $ 5 |
Between 211 and 250 days [member] | Uncollateralized Portfolio [Member] | ||
Financial instruments [Line Items] | ||
Number of customers under no renegotiated terms | Numbers | 1 | 3 |
Portfolio under no renegotiated terms | $ 1 | $ 2 |
Number of customers under renegotiated terms | Numbers | 2 | 6 |
Portfolio under renegotiated terms, gross | $ 4 | $ 114 |
More than 250 days [member] | Uncollateralized Portfolio [Member] | ||
Financial instruments [Line Items] | ||
Number of customers under no renegotiated terms | Numbers | 80 | 156 |
Portfolio under no renegotiated terms | $ 2,597 | $ 5,030 |
Number of customers under renegotiated terms | Numbers | 117 | 64 |
Portfolio under renegotiated terms, gross | $ 893 | $ 1,447 |
Current [member] | ||
Financial instruments [Line Items] | ||
Expected credit loss rate | 1.00% | 1.00% |
Total Gross Book Value | $ 571,029 | $ 302,118 |
Impairment Estimate | $ 4,724 | $ 3,187 |
Current [member] | Uncollateralized Portfolio [Member] | ||
Financial instruments [Line Items] | ||
Number of customers under no renegotiated terms | 1,279 | 1,281 |
Portfolio under no renegotiated terms | $ 570,899 | $ 301,939 |
Number of customers under renegotiated terms | 7 | 23 |
Portfolio under renegotiated terms, gross | $ 130 | $ 179 |
Between 91 and 120 days [member] | Uncollateralized Portfolio [Member] | ||
Financial instruments [Line Items] | ||
Number of customers under no renegotiated terms | Numbers | 7 | 5 |
Portfolio under no renegotiated terms | $ 202 | $ 1,448 |
Number of customers under renegotiated terms | Numbers | 0 | 1 |
Portfolio under renegotiated terms, gross | $ 0 | $ 41 |
Trade [Member] | ||
Financial instruments [Line Items] | ||
Total Gross Book Value | 600,664 | 327,586 |
Impairment Estimate | $ 10,352 | $ 14,321 |
Financial instruments (Detail_5
Financial instruments (Details 5) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2021 | Dec. 31, 2020 | |
Financial instruments [Abstract] | ||
Impairment provision of Accounts receivable at the beginning of the year | $ 27,273 | $ 32,707 |
Increase (decrease) impairment of accounts receivable | 235 | (4,684) |
Write-off of receivables | (11,091) | (750) |
Difference in exchange rate | (1,701) | 0 |
Impairment provision of Accounts Receivable Provision at the end of the year | 14,716 | 27,273 |
Trade and other Receivables Provision | 10,352 | 14,321 |
Current other Receivables Provision | 3,647 | 5,407 |
Trade receivables with related parties, current Provision | 717 | 7,545 |
Recovery of Insurance | 210 | 347 |
Impairment provision of Accounts Receivable | 14,716 | 27,273 |
Renegotiated receivables | 910 | 1,728 |
Non-renegotiated receivables | $ 13,806 | $ 25,545 |
Financial instruments (Detail_6
Financial instruments (Details 6) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2021 | Dec. 31, 2020 | |
Financial instruments [Line Items] | ||
Effect on profit or loss for the period Derivative instruments | $ (13,288) | |
Hedging reserve in equity before tax | 30,526 | |
Debt [Member] | Cross currency swap contracts [Member] | ||
Financial instruments [Line Items] | ||
Hedging assets | 12,870 | $ 37,276 |
Hedging liabilities | 81,854 | 40,210 |
Effect on profit or loss for the period Derivative instruments | (22,455) | (9,167) |
Hedging reserve in equity before tax | (46,529) | (6,233) |
Debt [Member] | Cross currency swap contracts [Member] | Short Term [Member] | ||
Financial instruments [Line Items] | ||
Hedging assets | 12,625 | 0 |
Hedging liabilities | 8,954 | 26,699 |
Debt [Member] | Cross currency swap contracts [Member] | Long Term [Member] | ||
Financial instruments [Line Items] | ||
Hedging assets | 245 | 37,276 |
Hedging liabilities | 72,900 | 13,511 |
Investment [Member] | ||
Financial instruments [Line Items] | ||
Hedging assets | 14,124 | 39,886 |
Hedging liabilities | 83,526 | 45,603 |
Effect on profit or loss for the period Derivative instruments | (17,761) | (18,216) |
Hedging reserve in equity before tax | (46,529) | 6,233 |
Investment [Member] | Forward contract [member] | ||
Financial instruments [Line Items] | ||
Hedging assets | 1,254 | 2,610 |
Hedging liabilities | 1,672 | 5,393 |
Effect on profit or loss for the period Derivative instruments | 4,694 | (9,049) |
Hedging reserve in equity before tax | 0 | 0 |
Investment [Member] | Forward contract [member] | Short Term [Member] | ||
Financial instruments [Line Items] | ||
Hedging assets | 1,254 | 2,610 |
Hedging liabilities | $ 1,672 | $ 5,393 |
Financial instruments (Detail_7
Financial instruments (Details 7) $ in Thousands | 12 Months Ended |
Dec. 31, 2021USD ($) | |
Financial instruments [Line Items] | |
Variation Total | $ 17,238 |
Effect on Profit or Loss | (13,288) |
Hedge Reserves from Variation in Gross Hedges | 30,526 |
Assets Hedging [Member] | |
Financial instruments [Line Items] | |
Variation Total | (24,406) |
Liabilities Hedging [Member] | |
Financial instruments [Line Items] | |
Variation Total | $ 41,644 |
Financial instruments (Detail_8
Financial instruments (Details 9) $ in Thousands | 12 Months Ended |
Dec. 31, 2021USD ($) | |
Series H bonds [Member] | |
Financial instruments [Line Items] | |
Contract amount | $ 119,938 |
Currency | UF |
Derivative contracts, Maturity | Jan. 4, 2023 |
Series O bonds [Member] | |
Financial instruments [Line Items] | |
Contract amount | $ 58,748 |
Currency | UF |
Derivative contracts, Maturity | Feb. 1, 2022 |
Series P bonds [Member] | |
Financial instruments [Line Items] | |
Contract amount | $ 134,228 |
Currency | UF |
Derivative contracts, Maturity | Jan. 15, 2028 |
Series Q bonds [Member] | |
Financial instruments [Line Items] | |
Contract amount | $ 106,933 |
Currency | UF |
Derivative contracts, Maturity | Jun. 1, 2030 |
Financial instruments (Detail_9
Financial instruments (Details 10) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 |
Financial instruments [Line Items] | ||
Current | $ 51,305 | $ 68,955 |
Non-current | 2,587,732 | 1,899,513 |
Total | 2,639,037 | 1,968,468 |
Bank borrowings [Member] | Financial liabilities at amortised cost, category [member] | ||
Financial instruments [Line Items] | ||
Current | 85 | 82 |
Non-current | 69,613 | 69,376 |
Total | 69,698 | 69,458 |
Obligations With The Public [Member] | ||
Financial instruments [Line Items] | ||
Current | 40,594 | 36,781 |
Non-current | 2,445,219 | 1,816,626 |
Total | 2,485,813 | 1,853,407 |
For hedging [Member] | Financial assets at fair value through profit or loss, classified as held for trading, category [member] | ||
Financial instruments [Line Items] | ||
Current | 8,954 | 26,699 |
Non-current | 72,900 | 13,511 |
Total | 81,854 | 40,210 |
Non-hedging liabilities [Member] | Financial assets at fair value through profit or loss, classified as held for trading, category [member] | ||
Financial instruments [Line Items] | ||
Current | 1,672 | 5,393 |
Total | $ 1,672 | $ 5,393 |
Financial instruments (Detai_10
Financial instruments (Details 11) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 |
Financial instruments [Line Items] | ||
Total loans | $ 4,084,690 | $ 2,814,870 |
Bank borrowings [Member] | ||
Financial instruments [Line Items] | ||
Current loans | 85 | 82 |
Non-current loans | 69,613 | 69,376 |
Total loans | $ 69,698 | $ 69,458 |
Financial instruments (Detai_11
Financial instruments (Details 12) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 30, 2020 | |
Financial instruments [Line Items] | |||
Tax ID No. | 77.114.779-8 | N/A | |
Country | Chile | ||
Notional amounts | $ 43,396 | $ 39,031 | $ 51,584 |
Borrowing costs | (2,802) | (2,250) | |
Bank borrowings [Member] | |||
Financial instruments [Line Items] | |||
Notional amounts | 0 | 0 | |
Current amounts | 85 | 82 | |
Borrowing costs | 0 | 0 | |
Total | 85 | 82 | |
Bank borrowings [Member] | Not later than three months [member] | |||
Financial instruments [Line Items] | |||
Notional amounts | 0 | 0 | |
Current amounts | 85 | 0 | |
Bank borrowings [Member] | Later than three months and not later than one year [member] | |||
Financial instruments [Line Items] | |||
Notional amounts | 0 | 0 | |
Current amounts | $ 0 | $ 82 | |
Bank borrowing One [Member] | |||
Financial instruments [Line Items] | |||
Tax ID No. | 93.007.000-9 | 93.007.000-9 | |
Company | SQM S.A. | ||
Country | Chile | ||
Tax ID No. | O-E | ||
Financial institution | Scotiabank Cayman | Scotiabank Cayman | |
Country | USA | ||
Currency or adjustment index | US$ | ||
Payment of interest | Upon maturity | ||
Repayment | 05/31/2022 | ||
Effective rate | 0.82% | ||
Nominal rate | 1.36% | ||
Bank borrowing Three [Member] | |||
Financial instruments [Line Items] | |||
Company | SQM S.A. | SQM S.A. | |
Country | Chile | ||
Tax ID No. | O-E | ||
Financial institution | Scotiabank Cayman | Scotiabank Cayman | |
Country | USA | ||
Currency or adjustment index | US$ | ||
Repayment | Upon maturity | ||
Borrowings Expiration Date | May 31, 2022 | ||
Effective rate | 1.00% | ||
Nominal rate | 1.36% | ||
Notional amounts | $ 0 | $ 0 | |
Current amounts | 85 | 82 | |
Borrowing costs | 0 | 0 | |
Total | 85 | 82 | |
Bank borrowing Three [Member] | Not later than three months [member] | |||
Financial instruments [Line Items] | |||
Notional amounts | 0 | 0 | |
Current amounts | 85 | 0 | |
Bank borrowing Three [Member] | Later than three months and not later than one year [member] | |||
Financial instruments [Line Items] | |||
Notional amounts | 0 | 0 | |
Current amounts | $ 0 | $ 82 |
Financial instruments (Detai_12
Financial instruments (Details 13) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 30, 2020 | Oct. 31, 2018 | |
Financial instruments [Line Items] | ||||
Tax ID No. | 77.114.779-8 | N/A | ||
Country | Chile | |||
Notional amount | $ 43,396 | $ 39,031 | $ 51,584 | |
Current maturities | 43,396 | 39,031 | ||
Borrowing costs | (2,802) | (2,250) | ||
Total | 40,594 | 36,781 | ||
NotLaterThanThreeMonths [Member] | ||||
Financial instruments [Line Items] | ||||
Notional amount | 37,555 | 33,154 | ||
Current maturities | 37,555 | 33,154 | ||
LaterThanThreeMonthsAndNotLaterThanOneYear [Member] | ||||
Financial instruments [Line Items] | ||||
Notional amount | $ 5,841 | 5,877 | ||
Current maturities | $ 5,877 | |||
Single series bond One [Member] | ||||
Financial instruments [Line Items] | ||||
Tax ID No. | 93.007.000-9 | 93.007.000-9 | ||
Company | SQM S.A. | SQM S.A. | ||
Country | Chile | Chile | ||
Number of registration or ID of the instrument | 0 | 0 | ||
Maturity date | 01/28/2022 | 01/28/2021 | ||
Currency or adjustment index | US$ | US$ | ||
Payment of interest | Semiannual | Semiannual | ||
Nominal rate | 4.38% | 4.38% | ||
Effective rate | 1.56% | 1.95% | ||
Repayment | Upon maturity | Upon maturity | ||
Notional amount | $ 4,648 | $ 4,648 | ||
Current maturities | 4,648 | 4,648 | ||
Borrowing costs | (433) | (433) | ||
Total | 4,215 | 4,215 | ||
Single series bond One [Member] | NotLaterThanThreeMonths [Member] | ||||
Financial instruments [Line Items] | ||||
Notional amount | 4,648 | 4,648 | ||
Current maturities | 4,648 | 4,648 | ||
Single series bond One [Member] | LaterThanThreeMonthsAndNotLaterThanOneYear [Member] | ||||
Financial instruments [Line Items] | ||||
Notional amount | 0 | 0 | ||
Current maturities | $ 0 | $ 0 | ||
Single series bond Two [Member] | ||||
Financial instruments [Line Items] | ||||
Tax ID No. | 93.007.000-9 | 93.007.000-9 | ||
Company | SQM S.A. | SQM S.A. | ||
Country | Chile | Chile | ||
Number of registration or ID of the instrument | 0 | 0 | ||
Maturity date | 04/03/2022 | 04/03/2021 | ||
Currency or adjustment index | US$ | US$ | ||
Payment of interest | Semiannual | Semiannual | ||
Nominal rate | 3.63% | 3.63% | ||
Effective rate | 0.74% | 1.08% | ||
Repayment | Upon maturity | Upon maturity | ||
Notional amount | $ 2,658 | $ 2,658 | ||
Current maturities | 2,658 | 2,658 | ||
Borrowing costs | (614) | (614) | ||
Total | 2,044 | 2,044 | ||
Single series bond Two [Member] | NotLaterThanThreeMonths [Member] | ||||
Financial instruments [Line Items] | ||||
Notional amount | 0 | 0 | ||
Current maturities | 0 | 0 | ||
Single series bond Two [Member] | LaterThanThreeMonthsAndNotLaterThanOneYear [Member] | ||||
Financial instruments [Line Items] | ||||
Notional amount | 2,658 | 2,658 | ||
Current maturities | $ 2,658 | $ 2,658 | ||
Single series bond Three [Member] | ||||
Financial instruments [Line Items] | ||||
Tax ID No. | 93.007.000-9 | 93.007.000-9 | ||
Company | SQM S.A. | SQM S.A. | ||
Country | Chile | Chile | ||
Number of registration or ID of the instrument | 0 | 0 | ||
Maturity date | 05/07/2022 | 05/07/2021 | ||
Currency or adjustment index | US$ | US$ | ||
Payment of interest | Semiannual | Semiannual | ||
Nominal rate | 4.25% | 4.25% | ||
Effective rate | 3.23% | 3.59% | ||
Repayment | Upon maturity | Upon maturity | ||
Notional amount | $ 2,869 | $ 7,508 | ||
Current maturities | 2,869 | 7,508 | ||
Borrowing costs | (679) | (679) | ||
Total | 2,190 | 6,829 | ||
Single series bond Three [Member] | NotLaterThanThreeMonths [Member] | ||||
Financial instruments [Line Items] | ||||
Notional amount | 0 | 7,508 | ||
Current maturities | 0 | 7,508 | ||
Single series bond Three [Member] | LaterThanThreeMonthsAndNotLaterThanOneYear [Member] | ||||
Financial instruments [Line Items] | ||||
Notional amount | 2,869 | 0 | ||
Current maturities | $ 2,869 | $ 0 | ||
Single Series Bond Four [Member] | ||||
Financial instruments [Line Items] | ||||
Tax ID No. | 93.007.000-9 | 93.007.000-9 | ||
Company | SQM S.A. | SQM S.A. | ||
Country | Chile | Chile | ||
Number of registration or ID of the instrument | 0 | 0 | ||
Maturity date | 01/22/2022 | 01/22/2021 | ||
Currency or adjustment index | US$ | |||
Payment of interest | Semiannual | Semiannual | ||
Nominal rate | 4.25% | 4.25% | ||
Effective rate | 4.00% | 4.17% | ||
Repayment | Upon maturity | Upon maturity | ||
Notional amount | $ 7,508 | $ 2,869 | ||
Current maturities | 7,508 | 2,869 | ||
Borrowing costs | (237) | (237) | ||
Total | 7,271 | 2,632 | ||
Single Series Bond Four [Member] | NotLaterThanThreeMonths [Member] | ||||
Financial instruments [Line Items] | ||||
Notional amount | 7,508 | 0 | ||
Current maturities | 7,508 | 0 | ||
Single Series Bond Four [Member] | LaterThanThreeMonthsAndNotLaterThanOneYear [Member] | ||||
Financial instruments [Line Items] | ||||
Notional amount | 0 | 2,869 | ||
Current maturities | $ 0 | $ 2,869 | ||
Single series bond Five [Member] | ||||
Financial instruments [Line Items] | ||||
Tax ID No. | 93.007.000-9 | |||
Company | SQM S.A. | |||
Country | Chile | |||
Number of registration or ID of the instrument | 0 | |||
Maturity date | 03/10/2022 | |||
Currency or adjustment index | US$ | |||
Nominal rate | 3.50% | |||
Effective rate | 3.62% | |||
Repayment | Upon maturity | |||
Notional amount | $ 6,874 | |||
Current maturities | 6,874 | |||
Borrowing costs | (552) | |||
Total | 6,322 | |||
Single series bond Five [Member] | NotLaterThanThreeMonths [Member] | ||||
Financial instruments [Line Items] | ||||
Notional amount | 6,874 | |||
Current maturities | 6,874 | |||
Single series bond Five [Member] | LaterThanThreeMonthsAndNotLaterThanOneYear [Member] | ||||
Financial instruments [Line Items] | ||||
Notional amount | 0 | |||
Current maturities | $ 0 | |||
Series H bonds [Member] | ||||
Financial instruments [Line Items] | ||||
Tax ID No. | 93.007.000-9 | 93.007.000-9 | ||
Company | SQM S.A. | SQM S.A. | ||
Country | Chile | Chile | ||
Number of registration or ID of the instrument | 564 | 564 | ||
Maturity date | 01/05/2022 | 01/05/2021 | ||
Currency or adjustment index | UF | UF | ||
Payment of interest | Semiannual | Semiannual | ||
Nominal rate | 4.90% | 4.90% | ||
Effective rate | 1.75% | 0.58% | ||
Repayment | Semiannual | Semiannual | ||
Notional amount | $ 16,026 | $ 18,212 | ||
Current maturities | 16,026 | 18,212 | ||
Borrowing costs | (172) | (172) | ||
Total | 15,854 | 18,040 | ||
Series H bonds [Member] | NotLaterThanThreeMonths [Member] | ||||
Financial instruments [Line Items] | ||||
Notional amount | 16,026 | 18,212 | ||
Current maturities | 16,026 | 18,212 | ||
Series H bonds [Member] | LaterThanThreeMonthsAndNotLaterThanOneYear [Member] | ||||
Financial instruments [Line Items] | ||||
Notional amount | 0 | 0 | ||
Current maturities | $ 0 | $ 0 | ||
Series O bonds [Member] | ||||
Financial instruments [Line Items] | ||||
Tax ID No. | 93.007.000-9 | 93.007.000-9 | ||
Company | SQM S.A. | SQM S.A. | ||
Country | Chile | Chile | ||
Number of registration or ID of the instrument | 699 | 699 | ||
Maturity date | 02/01/2022 | 02/01/2021 | ||
Currency or adjustment index | UF | UF | ||
Payment of interest | Semiannual | Semiannual | ||
Nominal rate | 3.80% | 3.80% | ||
Effective rate | 2.06% | 2.24% | ||
Repayment | Upon maturity | Upon maturity | ||
Notional amount | $ 863 | $ 962 | ||
Current maturities | 863 | 962 | ||
Borrowing costs | (82) | (82) | ||
Total | 781 | 880 | ||
Series O bonds [Member] | NotLaterThanThreeMonths [Member] | ||||
Financial instruments [Line Items] | ||||
Notional amount | 863 | 962 | ||
Current maturities | 863 | 962 | ||
Series O bonds [Member] | LaterThanThreeMonthsAndNotLaterThanOneYear [Member] | ||||
Financial instruments [Line Items] | ||||
Notional amount | 0 | 0 | ||
Current maturities | $ 0 | $ 0 | ||
Series P bonds [Member] | ||||
Financial instruments [Line Items] | ||||
Tax ID No. | 93.007.000-9 | 93.007.000-9 | ||
Company | SQM S.A. | SQM S.A. | ||
Country | Chile | Chile | ||
Number of registration or ID of the instrument | 563 | 563 | ||
Maturity date | 01/15/2022 | 01/15/2021 | ||
Currency or adjustment index | UF | UF | ||
Payment of interest | Semiannual | Semiannual | ||
Nominal rate | 3.25% | 3.25% | ||
Effective rate | 2.04% | 2.37% | ||
Repayment | Upon maturity | Upon maturity | ||
Notional amount | $ 1,636 | $ 1,824 | ||
Current maturities | 1,636 | 1,824 | ||
Borrowing costs | (12) | (12) | ||
Total | 1,624 | 1,812 | ||
Series P bonds [Member] | NotLaterThanThreeMonths [Member] | ||||
Financial instruments [Line Items] | ||||
Notional amount | 1,636 | 1,824 | ||
Current maturities | 1,636 | 1,824 | ||
Series P bonds [Member] | LaterThanThreeMonthsAndNotLaterThanOneYear [Member] | ||||
Financial instruments [Line Items] | ||||
Notional amount | 0 | 0 | ||
Current maturities | $ 0 | $ 0 | ||
Series Q bonds [Member] | ||||
Financial instruments [Line Items] | ||||
Tax ID No. | 93.007.000-9 | 93.007.000-9 | ||
Company | SQM S.A. | SQM S.A. | ||
Country | Chile | Chile | ||
Number of registration or ID of the instrument | 700 | 700 | ||
Maturity date | 06/01/2022 | 06/01/2021 | ||
Currency or adjustment index | UF | |||
Payment of interest | Semiannual | Semiannual | ||
Nominal rate | 3.45% | 3.45% | ||
Effective rate | 2.72% | 2.92% | 3.45% | |
Repayment | Upon maturity | Upon maturity | ||
Notional amount | $ 314 | $ 350 | ||
Current maturities | 314 | 350 | ||
Borrowing costs | (21) | (21) | ||
Total | 293 | 329 | ||
Series Q bonds [Member] | NotLaterThanThreeMonths [Member] | ||||
Financial instruments [Line Items] | ||||
Notional amount | 0 | 0 | ||
Current maturities | 0 | 0 | ||
Series Q bonds [Member] | LaterThanThreeMonthsAndNotLaterThanOneYear [Member] | ||||
Financial instruments [Line Items] | ||||
Notional amount | 314 | 350 | ||
Current maturities | $ 314 | $ 350 |
Financial instruments (Detai_13
Financial instruments (Details 14) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 30, 2020 | |
Financial instruments [Line Items] | |||
Tax ID No. | 77.114.779-8 | N/A | |
Country | Chile | ||
Notional amount | $ 43,396 | $ 39,031 | $ 51,584 |
Borrowing costs | $ (2,802) | $ (2,250) | |
Bank Borrowings Chilean Tax [Member] | |||
Financial instruments [Line Items] | |||
Tax ID No. | 93.007.000-9 | 93.007.000-9 | |
Company | SQM S.A. | SQM S.A. | |
Country | Chile | Chile | |
Tax ID No. | O-E | O-E | |
Financial institution | Scotiabank Cayman | Scotiabank Cayman | |
Country | USA | USA | |
Currency or adjustment index | US | US | |
Effective rate | 2.05% | 1.98% | |
Nominal rate | 1.36% | 1.36% | |
Non current bonds issued [Member] | |||
Financial instruments [Line Items] | |||
Notional amount | $ 70,000 | $ 70,000 | |
Non-current maturities | 70,000 | 70,000 | |
Borrowing costs | (387) | (624) | |
Total | $ 69,613 | $ 69,376 | |
Non current bonds issued [Member] | Bank Borrowings Chilean Tax [Member] | |||
Financial instruments [Line Items] | |||
Company | SQM S.A. | SQM S.A. | |
Financial institution | Scotiabank Cayman | Scotiabank Cayman | |
Notional amount | $ 70,000 | $ 70,000 | |
Non-current maturities | 70,000 | 70,000 | |
Borrowing costs | (387) | (624) | |
Total | 69,613 | 69,376 | |
Non current bonds issued [Member] | Between 1 year to 2 [member] | |||
Financial instruments [Line Items] | |||
Notional amount | 70,000 | 0 | |
Non-current maturities | 70,000 | 0 | |
Non current bonds issued [Member] | Between 1 year to 2 [member] | Bank Borrowings Chilean Tax [Member] | |||
Financial instruments [Line Items] | |||
Notional amount | 70,000 | 0 | |
Non-current maturities | 70,000 | 0 | |
Non current bonds issued [Member] | Between 2 years to 3 [member] | |||
Financial instruments [Line Items] | |||
Notional amount | 0 | 70,000 | |
Non-current maturities | 0 | 70,000 | |
Non current bonds issued [Member] | Between 2 years to 3 [member] | Bank Borrowings Chilean Tax [Member] | |||
Financial instruments [Line Items] | |||
Notional amount | 0 | 70,000 | |
Non-current maturities | 0 | 70,000 | |
Non current bonds issued [Member] | Between 3 Years to 4 [member] | |||
Financial instruments [Line Items] | |||
Notional amount | 0 | 0 | |
Non-current maturities | 0 | 0 | |
Non current bonds issued [Member] | Between 3 Years to 4 [member] | Bank Borrowings Chilean Tax [Member] | |||
Financial instruments [Line Items] | |||
Notional amount | 0 | 0 | |
Non-current maturities | $ 0 | $ 0 |
Financial instruments (Detai_14
Financial instruments (Details 15) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 30, 2020 | Oct. 31, 2018 | |
Financial instruments [Line Items] | ||||
Tax ID | 77.114.779-8 | N/A | ||
Country | Chile | |||
Notional Amount | $ 43,396 | $ 39,031 | $ 51,584 | |
Borrowing costs | $ (2,802) | $ (2,250) | ||
Single series bond One [Member] | ||||
Financial instruments [Line Items] | ||||
Tax ID | 93.007.000-9 | 93.007.000-9 | ||
Company | SQM S.A. | SQM S.A. | ||
Country | Chile | Chile | ||
Number of registration or ID of the instrument | 0 | 0 | ||
Maturity date | 01/28/2022 | 01/28/2021 | ||
Currency or adjustment index | US$ | US$ | ||
Payment of interest | Semiannual | Semiannual | ||
Repayment | Upon maturity | Upon maturity | ||
Effective rate | 1.56% | 1.95% | ||
Nominal rate | 4.38% | 4.38% | ||
Notional Amount | $ 4,648 | $ 4,648 | ||
Borrowing costs | $ (433) | $ (433) | ||
Single series bond Two [Member] | ||||
Financial instruments [Line Items] | ||||
Tax ID | 93.007.000-9 | 93.007.000-9 | ||
Company | SQM S.A. | SQM S.A. | ||
Country | Chile | Chile | ||
Number of registration or ID of the instrument | 0 | 0 | ||
Maturity date | 04/03/2022 | 04/03/2021 | ||
Currency or adjustment index | US$ | US$ | ||
Payment of interest | Semiannual | Semiannual | ||
Repayment | Upon maturity | Upon maturity | ||
Effective rate | 0.74% | 1.08% | ||
Nominal rate | 3.63% | 3.63% | ||
Notional Amount | $ 2,658 | $ 2,658 | ||
Borrowing costs | $ (614) | $ (614) | ||
Single series bond Three [Member] | ||||
Financial instruments [Line Items] | ||||
Tax ID | 93.007.000-9 | 93.007.000-9 | ||
Company | SQM S.A. | SQM S.A. | ||
Country | Chile | Chile | ||
Number of registration or ID of the instrument | 0 | 0 | ||
Maturity date | 05/07/2022 | 05/07/2021 | ||
Currency or adjustment index | US$ | US$ | ||
Payment of interest | Semiannual | Semiannual | ||
Repayment | Upon maturity | Upon maturity | ||
Effective rate | 3.23% | 3.59% | ||
Nominal rate | 4.25% | 4.25% | ||
Notional Amount | $ 2,869 | $ 7,508 | ||
Borrowing costs | $ (679) | $ (679) | ||
Single series bond Four [Member] | ||||
Financial instruments [Line Items] | ||||
Tax ID | 93.007.000-9 | 93.007.000-9 | ||
Company | SQM S.A. | SQM S.A. | ||
Country | Chile | Chile | ||
Number of registration or ID of the instrument | 0 | 0 | ||
Maturity date | 01/22/2022 | 01/22/2021 | ||
Currency or adjustment index | US$ | |||
Payment of interest | Semiannual | Semiannual | ||
Repayment | Upon maturity | Upon maturity | ||
Effective rate | 4.00% | 4.17% | ||
Nominal rate | 4.25% | 4.25% | ||
Notional Amount | $ 7,508 | $ 2,869 | ||
Borrowing costs | $ (237) | $ (237) | ||
Single series bond Five [Member] | ||||
Financial instruments [Line Items] | ||||
Tax ID | 93.007.000-9 | |||
Company | SQM S.A. | |||
Country | Chile | |||
Number of registration or ID of the instrument | 0 | |||
Maturity date | 03/10/2022 | |||
Currency or adjustment index | US$ | |||
Repayment | Upon maturity | |||
Effective rate | 3.62% | |||
Nominal rate | 3.50% | |||
Notional Amount | $ 6,874 | |||
Borrowing costs | $ (552) | |||
Series H bonds [Member] | ||||
Financial instruments [Line Items] | ||||
Tax ID | 93.007.000-9 | 93.007.000-9 | ||
Company | SQM S.A. | SQM S.A. | ||
Country | Chile | Chile | ||
Number of registration or ID of the instrument | 564 | 564 | ||
Maturity date | 01/05/2022 | 01/05/2021 | ||
Currency or adjustment index | UF | UF | ||
Payment of interest | Semiannual | Semiannual | ||
Repayment | Semiannual | Semiannual | ||
Effective rate | 1.75% | 0.58% | ||
Nominal rate | 4.90% | 4.90% | ||
Notional Amount | $ 16,026 | $ 18,212 | ||
Borrowing costs | $ (172) | $ (172) | ||
Series O bonds [Member] | ||||
Financial instruments [Line Items] | ||||
Tax ID | 93.007.000-9 | 93.007.000-9 | ||
Company | SQM S.A. | SQM S.A. | ||
Country | Chile | Chile | ||
Number of registration or ID of the instrument | 699 | 699 | ||
Maturity date | 02/01/2022 | 02/01/2021 | ||
Currency or adjustment index | UF | UF | ||
Payment of interest | Semiannual | Semiannual | ||
Repayment | Upon maturity | Upon maturity | ||
Effective rate | 2.06% | 2.24% | ||
Nominal rate | 3.80% | 3.80% | ||
Notional Amount | $ 863 | $ 962 | ||
Borrowing costs | $ (82) | $ (82) | ||
Series P bonds [Member] | ||||
Financial instruments [Line Items] | ||||
Tax ID | 93.007.000-9 | 93.007.000-9 | ||
Company | SQM S.A. | SQM S.A. | ||
Country | Chile | Chile | ||
Number of registration or ID of the instrument | 563 | 563 | ||
Maturity date | 01/15/2022 | 01/15/2021 | ||
Currency or adjustment index | UF | UF | ||
Payment of interest | Semiannual | Semiannual | ||
Repayment | Upon maturity | Upon maturity | ||
Effective rate | 2.04% | 2.37% | ||
Nominal rate | 3.25% | 3.25% | ||
Notional Amount | $ 1,636 | $ 1,824 | ||
Borrowing costs | $ (12) | $ (12) | ||
Series Q bonds [Member] | ||||
Financial instruments [Line Items] | ||||
Tax ID | 93.007.000-9 | 93.007.000-9 | ||
Company | SQM S.A. | SQM S.A. | ||
Country | Chile | Chile | ||
Number of registration or ID of the instrument | 700 | 700 | ||
Maturity date | 06/01/2022 | 06/01/2021 | ||
Currency or adjustment index | UF | |||
Payment of interest | Semiannual | Semiannual | ||
Repayment | Upon maturity | Upon maturity | ||
Effective rate | 2.72% | 2.92% | 3.45% | |
Nominal rate | 3.45% | 3.45% | ||
Notional Amount | $ 314 | $ 350 | ||
Borrowing costs | (21) | (21) | ||
Non current bonds issued [Member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 2,475,239 | 1,833,056 | ||
Non-current maturities | 2,475,239 | 1,833,056 | ||
Borrowing costs | (30,020) | (16,430) | ||
Total | 2,445,219 | 1,816,626 | ||
Non current bonds issued [Member] | Over 1 year to 2 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 300,000 | 0 | ||
Non-current maturities | 300,000 | 0 | ||
Non current bonds issued [Member] | Over 2 years to 3 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 300,000 | ||
Non-current maturities | 0 | 300,000 | ||
Non current bonds issued [Member] | Over 3 years to 4 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 250,000 | 0 | ||
Non-current maturities | 250,000 | 0 | ||
Non current bonds issued [Member] | Over 4 Years to 5 [Member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 250,000 | ||
Non-current maturities | 0 | 250,000 | ||
Non current bonds issued [Member] | Over 5 Years [Member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 1,925,239 | 1,283,056 | ||
Non-current maturities | $ 1,925,239 | $ 1,283,056 | ||
Non current bonds issued [Member] | Single series bond One [Member] | ||||
Financial instruments [Line Items] | ||||
Tax ID | 93.007.000-9 | 93.007.000-9 | ||
Company | SQM S.A. | SQM S.A. | ||
Country | Chile | Chile | ||
Number of registration or ID of the instrument | 0 | 0 | ||
Maturity date | 01/28/2025 | 01/28/2025 | ||
Currency or adjustment index | US$ | US$ | ||
Payment of interest | Semiannual | Semiannual | ||
Repayment | Upon maturity | Upon maturity | ||
Effective rate | 4.08% | 4.08% | ||
Nominal rate | 4.38% | 4.38% | ||
Notional Amount | $ 250,000 | $ 250,000 | ||
Non-current maturities | 250,000 | 250,000 | ||
Borrowing costs | (903) | (1,336) | ||
Total | 249,097 | 248,664 | ||
Non current bonds issued [Member] | Single series bond One [Member] | Over 1 year to 2 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | 0 | 0 | ||
Non current bonds issued [Member] | Single series bond One [Member] | Over 2 years to 3 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | 0 | 0 | ||
Non current bonds issued [Member] | Single series bond One [Member] | Over 3 years to 4 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 250,000 | 0 | ||
Non-current maturities | 250,000 | 0 | ||
Non current bonds issued [Member] | Single series bond One [Member] | Over 4 Years to 5 [Member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 250,000 | ||
Non-current maturities | 0 | 250,000 | ||
Non current bonds issued [Member] | Single series bond One [Member] | Over 5 Years [Member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | $ 0 | $ 0 | ||
Non current bonds issued [Member] | Single series bond Two [Member] | ||||
Financial instruments [Line Items] | ||||
Tax ID | 93.007.000-9 | 93.007.000-9 | ||
Company | SQM S.A. | SQM S.A. | ||
Country | Chile | Chile | ||
Number of registration or ID of the instrument | 0 | 0 | ||
Maturity date | 04/03/2023 | 04/03/2023 | ||
Currency or adjustment index | US$ | US$ | ||
Payment of interest | Semiannual | Semiannual | ||
Repayment | Upon maturity | Upon maturity | ||
Effective rate | 3.42% | 3.43% | ||
Nominal rate | 3.63% | 3.63% | ||
Notional Amount | $ 300,000 | $ 300,000 | ||
Non-current maturities | 300,000 | 300,000 | ||
Borrowing costs | (168) | (781) | ||
Total | 299,832 | 299,219 | ||
Non current bonds issued [Member] | Single series bond Two [Member] | Over 1 year to 2 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 300,000 | 0 | ||
Non-current maturities | 300,000 | 0 | ||
Non current bonds issued [Member] | Single series bond Two [Member] | Over 2 years to 3 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 300,000 | ||
Non-current maturities | 0 | 300,000 | ||
Non current bonds issued [Member] | Single series bond Two [Member] | Over 3 years to 4 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | 0 | 0 | ||
Non current bonds issued [Member] | Single series bond Two [Member] | Over 4 Years to 5 [Member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | 0 | 0 | ||
Non current bonds issued [Member] | Single series bond Two [Member] | Over 5 Years [Member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | $ 0 | $ 0 | ||
Non current bonds issued [Member] | Single series bond Three [Member] | ||||
Financial instruments [Line Items] | ||||
Tax ID | 93.007.000-9 | 93.007.000-9 | ||
Company | SQM S.A. | SQM S.A. | ||
Country | Chile | Chile | ||
Number of registration or ID of the instrument | 0 | 0 | ||
Maturity date | 05/07/2029 | 05/07/2029 | ||
Currency or adjustment index | US$ | US$ | ||
Payment of interest | Semiannual | Semiannual | ||
Repayment | Upon maturity | Upon maturity | ||
Effective rate | 4.10% | 4.18% | ||
Nominal rate | 4.25% | 4.25% | ||
Notional Amount | $ 450,000 | $ 450,000 | ||
Non-current maturities | 450,000 | 450,000 | ||
Borrowing costs | (4,343) | (5,020) | ||
Total | 445,657 | 444,980 | ||
Non current bonds issued [Member] | Single series bond Three [Member] | Over 1 year to 2 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | 0 | 0 | ||
Non current bonds issued [Member] | Single series bond Three [Member] | Over 2 years to 3 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | 0 | 0 | ||
Non current bonds issued [Member] | Single series bond Three [Member] | Over 3 years to 4 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | 0 | 0 | ||
Non current bonds issued [Member] | Single series bond Three [Member] | Over 4 Years to 5 [Member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | 0 | 0 | ||
Non current bonds issued [Member] | Single series bond Three [Member] | Over 5 Years [Member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 450,000 | 450,000 | ||
Non-current maturities | $ 450,000 | $ 450,000 | ||
Non current bonds issued [Member] | Single series bond Four [Member] | ||||
Financial instruments [Line Items] | ||||
Tax ID | 93.007.000-9 | 93.007.000-9 | ||
Company | SQM S.A. | SQM S.A. | ||
Country | Chile | Chile | ||
Number of registration or ID of the instrument | 0 | 0 | ||
Maturity date | 01/22/2050 | 01/22/2050 | ||
Currency or adjustment index | US$ | US$ | ||
Payment of interest | Semiannual | Semiannual | ||
Repayment | Upon maturity | Upon maturity | ||
Effective rate | 4.19% | 4.22% | ||
Nominal rate | 4.25% | 4.25% | ||
Notional Amount | $ 400,000 | $ 400,000 | ||
Non-current maturities | 400,000 | 400,000 | ||
Borrowing costs | (6,347) | (6,582) | ||
Total | 393,653 | 393,418 | ||
Non current bonds issued [Member] | Single series bond Four [Member] | Over 1 year to 2 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | 0 | 0 | ||
Non current bonds issued [Member] | Single series bond Four [Member] | Over 2 years to 3 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | 0 | 0 | ||
Non current bonds issued [Member] | Single series bond Four [Member] | Over 3 years to 4 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | 0 | 0 | ||
Non current bonds issued [Member] | Single series bond Four [Member] | Over 4 Years to 5 [Member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | 0 | 0 | ||
Non current bonds issued [Member] | Single series bond Four [Member] | Over 5 Years [Member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 400,000 | 400,000 | ||
Non-current maturities | $ 400,000 | $ 400,000 | ||
Non current bonds issued [Member] | Single series bond Five [Member] | ||||
Financial instruments [Line Items] | ||||
Tax ID | 93.007.000-9 | |||
Company | SQM S.A. | |||
Country | Chile | |||
Number of registration or ID of the instrument | 0 | |||
Maturity date | 09/10/2051 | |||
Currency or adjustment index | US$ | |||
Payment of interest | Semiannual | |||
Repayment | Upon maturity | |||
Effective rate | 3.43% | |||
Nominal rate | 3.50% | |||
Notional Amount | $ 700,000 | |||
Non-current maturities | 700,000 | |||
Borrowing costs | (15,836) | |||
Total | 684,164 | |||
Non current bonds issued [Member] | Single series bond Five [Member] | Over 1 year to 2 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | |||
Non-current maturities | 0 | |||
Non current bonds issued [Member] | Single series bond Five [Member] | Over 2 years to 3 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | |||
Non-current maturities | 0 | |||
Non current bonds issued [Member] | Single series bond Five [Member] | Over 3 years to 4 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | |||
Non-current maturities | 0 | |||
Non current bonds issued [Member] | Single series bond Five [Member] | Over 4 Years to 5 [Member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | |||
Non-current maturities | 0 | |||
Non current bonds issued [Member] | Single series bond Five [Member] | Over 5 Years [Member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 700,000 | |||
Non-current maturities | $ 700,000 | |||
Non current bonds issued [Member] | Series H bonds [Member] | ||||
Financial instruments [Line Items] | ||||
Tax ID | 93.007.000-9 | 93.007.000-9 | ||
Company | SQM S.A. | SQM S.A. | ||
Country | Chile | Chile | ||
Number of registration or ID of the instrument | 564 | 564 | ||
Maturity date | 01/05/2030 | 01/05/2030 | ||
Currency or adjustment index | UF | UF | ||
Payment of interest | Semiannual | Semiannual | ||
Repayment | Semiannual | Semiannual | ||
Effective rate | 4.76% | 4.76% | ||
Nominal rate | 4.90% | 4.90% | ||
Notional Amount | $ 100,064 | $ 126,386 | ||
Non-current maturities | 100,064 | 126,386 | ||
Borrowing costs | (1,206) | (1,378) | ||
Total | 98,858 | 125,008 | ||
Non current bonds issued [Member] | Series H bonds [Member] | Over 1 year to 2 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | 0 | 0 | ||
Non current bonds issued [Member] | Series H bonds [Member] | Over 2 years to 3 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | 0 | 0 | ||
Non current bonds issued [Member] | Series H bonds [Member] | Over 3 years to 4 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | 0 | 0 | ||
Non current bonds issued [Member] | Series H bonds [Member] | Over 4 Years to 5 [Member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | 0 | 0 | ||
Non current bonds issued [Member] | Series H bonds [Member] | Over 5 Years [Member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 100,064 | 126,386 | ||
Non-current maturities | $ 100,064 | $ 126,386 | ||
Non current bonds issued [Member] | Series O bonds [Member] | ||||
Financial instruments [Line Items] | ||||
Tax ID | 93.007.000-9 | 93.007.000-9 | ||
Company | SQM S.A. | SQM S.A. | ||
Country | Chile | Chile | ||
Number of registration or ID of the instrument | 699 | 699 | ||
Maturity date | 02/01/2033 | 02/01/2033 | ||
Currency or adjustment index | UF | UF | ||
Payment of interest | Semiannual | Semiannual | ||
Repayment | Upon maturity | Upon maturity | ||
Effective rate | 3.69% | 3.68% | ||
Nominal rate | 3.80% | 3.80% | ||
Notional Amount | $ 55,035 | $ 61,334 | ||
Non-current maturities | 55,035 | 61,334 | ||
Borrowing costs | (822) | (904) | ||
Total | 54,213 | 60,430 | ||
Non current bonds issued [Member] | Series O bonds [Member] | Over 1 year to 2 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | 0 | 0 | ||
Non current bonds issued [Member] | Series O bonds [Member] | Over 2 years to 3 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | 0 | 0 | ||
Non current bonds issued [Member] | Series O bonds [Member] | Over 3 years to 4 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | 0 | 0 | ||
Non current bonds issued [Member] | Series O bonds [Member] | Over 4 Years to 5 [Member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | 0 | 0 | ||
Non current bonds issued [Member] | Series O bonds [Member] | Over 5 Years [Member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 55,035 | 61,334 | ||
Non-current maturities | $ 55,035 | $ 61,334 | ||
Non current bonds issued [Member] | Series P bonds [Member] | ||||
Financial instruments [Line Items] | ||||
Tax ID | 93.007.000-9 | 93.007.000-9 | ||
Company | SQM S.A. | SQM S.A. | ||
Country | Chile | Chile | ||
Number of registration or ID of the instrument | 563 | 563 | ||
Maturity date | 01/15/2028 | 01/15/2028 | ||
Currency or adjustment index | UF | UF | ||
Payment of interest | Semiannual | Semiannual | ||
Repayment | Upon maturity | Upon maturity | ||
Effective rate | 3.24% | 3.24% | ||
Nominal rate | 3.25% | 3.25% | ||
Notional Amount | $ 110,070 | $ 122,668 | ||
Non-current maturities | 110,070 | 122,668 | ||
Borrowing costs | (65) | (77) | ||
Total | 110,005 | 122,591 | ||
Non current bonds issued [Member] | Series P bonds [Member] | Over 1 year to 2 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | 0 | 0 | ||
Non current bonds issued [Member] | Series P bonds [Member] | Over 2 years to 3 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | 0 | 0 | ||
Non current bonds issued [Member] | Series P bonds [Member] | Over 3 years to 4 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | 0 | 0 | ||
Non current bonds issued [Member] | Series P bonds [Member] | Over 4 Years to 5 [Member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | 0 | 0 | ||
Non current bonds issued [Member] | Series P bonds [Member] | Over 5 Years [Member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 110,070 | 122,668 | ||
Non-current maturities | $ 110,070 | $ 122,668 | ||
Non current bonds issued [Member] | Series Q bonds [Member] | ||||
Financial instruments [Line Items] | ||||
Tax ID | 93.007.000-9 | 93.007.000-9 | ||
Company | SQM S.A. | SQM S.A. | ||
Country | Chile | Chile | ||
Number of registration or ID of the instrument | 700 | 700 | ||
Maturity date | 06/01/2038 | 06/01/2038 | ||
Currency or adjustment index | UF | UF | ||
Payment of interest | Semiannual | Semiannual | ||
Repayment | Upon maturity | Upon maturity | ||
Effective rate | 3.43% | 3.43% | ||
Nominal rate | 3.45% | 3.45% | ||
Notional Amount | $ 110,070 | $ 122,668 | ||
Non-current maturities | 110,070 | 122,668 | ||
Borrowing costs | (330) | (352) | ||
Total | 109,740 | 122,316 | ||
Non current bonds issued [Member] | Series Q bonds [Member] | Over 1 year to 2 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | 0 | 0 | ||
Non current bonds issued [Member] | Series Q bonds [Member] | Over 2 years to 3 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | 0 | 0 | ||
Non current bonds issued [Member] | Series Q bonds [Member] | Over 3 years to 4 [member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | 0 | 0 | ||
Non current bonds issued [Member] | Series Q bonds [Member] | Over 4 Years to 5 [Member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 0 | 0 | ||
Non-current maturities | 0 | 0 | ||
Non current bonds issued [Member] | Series Q bonds [Member] | Over 5 Years [Member] | ||||
Financial instruments [Line Items] | ||||
Notional Amount | 110,070 | 122,668 | ||
Non-current maturities | $ 110,070 | $ 122,668 |
Financial instruments (Detai_15
Financial instruments (Details 17) - Series H bonds [Member] - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Principal payment [Member] | |||
Financial instruments [Line Items] | |||
Repayments of bonds, notes and debentures | $ 6,661 | $ 6,601 | $ 7,868 |
CCS Coverage [Member] | |||
Financial instruments [Line Items] | |||
Repayments of bonds, notes and debentures | $ 1,598 | $ 2,575 | $ 1,952 |
Financial instruments (Detai_16
Financial instruments (Details 18) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Single series bond Four [Member] | Interest payment [Member] | |||
Financial instruments [Line Items] | |||
Repayments of bonds, notes and debentures | $ 10,938 | $ 10,938 | $ 10,938 |
Financial instruments (Detai_17
Financial instruments (Details 19) - Series O bonds [Member] - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Interest payment [Member] | |||
Financial instruments [Line Items] | |||
Repayments of bonds, notes and debentures | $ 2,225 | $ 2,070 | $ 2,308 |
CCS Coverage [Member] | |||
Financial instruments [Line Items] | |||
Repayments of bonds, notes and debentures | $ 438 | $ 599 | $ 354 |
Financial instruments (Detai_18
Financial instruments (Details 20) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Single series bond Three [Member] | Interest payment [Member] | |||
Financial instruments [Line Items] | |||
Repayments of bonds, notes and debentures | $ 10,875 | $ 10,875 | $ 10,875 |
Financial instruments (Detai_19
Financial instruments (Details 21) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Single series bond Two [Member] | Interest payment [Member] | |||
Financial instruments [Line Items] | |||
Repayments of bonds, notes and debentures | $ 0 | $ 6,875 | $ 13,750 |
Financial instruments (Detai_20
Financial instruments (Details 22) - Series P bonds [Member] - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Interest payment [Member] | |||
Financial instruments [Line Items] | |||
Repayments of bonds, notes and debentures | $ 3,835 | $ 3,534 | $ 3,960 |
CCS Coverage [Member] | |||
Financial instruments [Line Items] | |||
Repayments of bonds, notes and debentures | $ 3,119 | $ 3,439 | $ 2,995 |
Financial instruments (Detai_21
Financial instruments (Details 23) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Series Q bonds [Member] | Interest payment [Member] | |||
Financial instruments [Line Items] | |||
Repayments of bonds, notes and debentures | $ 3,990 | $ 3,769 | $ 3,791 |
Series Q bonds [Member] | CCS Coverage [Member] | |||
Financial instruments [Line Items] | |||
Repayments of bonds, notes and debentures | 1,919 | 1,021 | 0 |
Single Series Fifth Issue Bonds [Member] | Interest payment [Member] | |||
Financial instruments [Line Items] | |||
Repayments of bonds, notes and debentures | 19,125 | 19,125 | 9,563 |
Single Series Sixth Issue Bonds [Member] | Interest payment [Member] | |||
Financial instruments [Line Items] | |||
Repayments of bonds, notes and debentures | $ 17,000 | $ 8,500 | $ 0 |
Financial instruments (Detai_22
Financial instruments (Details 24) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 |
Financial instruments [Abstract] | ||
Accounts payable | $ 279,092 | $ 203,346 |
Other accounts payable | 558 | 587 |
Prepayments from customers | 0 | 0 |
Total | 279,650 | 203,933 |
Accounts payable | 0 | 0 |
Other accounts payable | 0 | 0 |
Prepayments from customers | 3,813 | 4,027 |
Total | 3,813 | 4,027 |
Accounts payable | 279,092 | 203,346 |
Other accounts payable | 558 | 587 |
Prepayments from customers | 3,813 | 4,027 |
Total | $ 283,463 | $ 207,960 |
Financial instruments (Detai_23
Financial instruments (Details 25) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 |
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Current Period | $ 267,764 | $ 195,214 |
Up to 30 days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Current Period | 260,083 | 186,835 |
31 - 60 days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Current Period | 2,134 | 3,334 |
61 - 90 days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Current Period | 1,534 | 139 |
91 - 120 days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Current Period | 2 | 788 |
121 - 365 days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Current Period | 198 | 91 |
366 and more days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Current Period | 3,813 | 4,027 |
Goods [Member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Current Period | 155,202 | 117,456 |
Goods [Member] | Up to 30 days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Current Period | 148,045 | 111,323 |
Goods [Member] | 31 - 60 days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Current Period | 1,799 | 1,947 |
Goods [Member] | 61 - 90 days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Current Period | 1,425 | 123 |
Goods [Member] | 91 - 120 days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Current Period | 0 | 31 |
Goods [Member] | 121 - 365 days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Current Period | 120 | 5 |
Goods [Member] | 366 and more days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Current Period | 3,813 | 4,027 |
Services [Member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Current Period | 80,613 | 48,426 |
Services [Member] | Up to 30 days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Current Period | 80,089 | 46,187 |
Services [Member] | 31 - 60 days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Current Period | 335 | 1,380 |
Services [Member] | 61 - 90 days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Current Period | 109 | 16 |
Services [Member] | 91 - 120 days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Current Period | 2 | 757 |
Services [Member] | 121 - 365 days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Current Period | 78 | 86 |
Services [Member] | 366 and more days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Current Period | 0 | 0 |
Others [Member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Current Period | 31,949 | 29,332 |
Others [Member] | Up to 30 days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Current Period | 31,949 | 29,325 |
Others [Member] | 31 - 60 days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Current Period | 0 | 7 |
Others [Member] | 61 - 90 days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Current Period | 0 | 0 |
Others [Member] | 91 - 120 days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Current Period | 0 | 0 |
Others [Member] | 121 - 365 days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Current Period | 0 | 0 |
Others [Member] | 366 and more days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Current Period | $ 0 | $ 0 |
Financial instruments (Detai_24
Financial instruments (Details 26) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 |
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Past Due | $ 15,141 | $ 12,159 |
Goods [Member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Past Due | 7,761 | 1,967 |
Services [Member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Past Due | 4,911 | 4,020 |
Others [Member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Past Due | 2,469 | 6,172 |
Up to 30 days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Past Due | 14,083 | 6,861 |
Up to 30 days [member] | Goods [Member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Past Due | 7,688 | 1,305 |
Up to 30 days [member] | Services [Member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Past Due | 4,055 | 2,298 |
Up to 30 days [member] | Others [Member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Past Due | 2,340 | 3,258 |
31 - 60 days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Past Due | 154 | 973 |
31 - 60 days [member] | Goods [Member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Past Due | 30 | 59 |
31 - 60 days [member] | Services [Member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Past Due | 108 | 764 |
31 - 60 days [member] | Others [Member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Past Due | 16 | 150 |
61 - 90 days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Past Due | 611 | 418 |
61 - 90 days [member] | Goods [Member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Past Due | 5 | 47 |
61 - 90 days [member] | Services [Member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Past Due | 533 | 0 |
61 - 90 days [member] | Others [Member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Past Due | 73 | 371 |
91 - 120 days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Past Due | 70 | 610 |
91 - 120 days [member] | Goods [Member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Past Due | 1 | 39 |
91 - 120 days [member] | Services [Member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Past Due | 34 | 453 |
91 - 120 days [member] | Others [Member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Past Due | 35 | 118 |
121 - 365 days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Past Due | 223 | 3,297 |
121 - 365 days [member] | Goods [Member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Past Due | 37 | 517 |
121 - 365 days [member] | Services [Member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Past Due | 181 | 505 |
121 - 365 days [member] | Others [Member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Past Due | 5 | 2,275 |
366 and more days [member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Past Due | 0 | 0 |
366 and more days [member] | Goods [Member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Past Due | 0 | 0 |
366 and more days [member] | Services [Member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Past Due | 0 | 0 |
366 and more days [member] | Others [Member] | ||
Financial instruments [Line Items] | ||
Trade And Other Current Payables To Trade Suppliers Past Due | $ 0 | $ 0 |
Financial instruments (Detai_25
Financial instruments (Details 28) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 |
Financial instruments [Line Items] | ||
Current financial assets at amortised cost | $ 3,160,446 | $ 1,282,368 |
Current, financial assets at fair value through profit or loss | 13,879 | 2,610 |
Non-current financial assets at amortised cost | 6,263 | 11,245 |
Non-current, financial assets at fair value through profit or loss | 9,177 | 51,845 |
Financial assets at amortised cost | 3,166,709 | 1,293,613 |
Total, financial assets at fair value through profit or loss | 23,056 | 54,455 |
Total, total financial assets | 98,085 | |
Cash and cash equivalent [Member] | ||
Financial instruments [Line Items] | ||
Current financial assets at amortised cost | 1,515,051 | 509,102 |
Non-current financial assets at amortised cost | 0 | 0 |
Financial assets at amortised cost | 1,515,051 | 509,102 |
Trade receivables due from related parties at amortized cost [Member] | ||
Financial instruments [Line Items] | ||
Current financial assets at amortised cost | 86,152 | 62,601 |
Non-current financial assets at amortised cost | 0 | 0 |
Financial assets at amortised cost | 86,152 | 62,601 |
Financial assets measured at amortized cost [member] | ||
Financial instruments [Line Items] | ||
Current financial assets at amortised cost | 905,170 | 345,459 |
Non-current financial assets at amortised cost | 91 | 80 |
Financial assets at amortised cost | 905,261 | 345,539 |
Trade and other receivables [Member] | ||
Financial instruments [Line Items] | ||
Current financial assets at amortised cost | 654,073 | 365,206 |
Non-current financial assets at amortised cost | 6,172 | 11,165 |
Financial assets at amortised cost | 660,245 | 376,371 |
Hedging assets [Member] | ||
Financial instruments [Line Items] | ||
Current, financial assets at fair value through profit or loss | 12,625 | 0 |
Non-current, financial assets at fair value through profit or loss | 245 | 37,276 |
Total, financial assets at fair value through profit or loss | 12,870 | 37,276 |
Investments in equity instruments designated at fair value through other comprehensive income [member] | ||
Financial instruments [Line Items] | ||
Current, financial assets at fair value through profit or loss | 0 | 0 |
Non-current, financial assets at fair value through profit or loss | 8,932 | 14,569 |
Total, financial assets at fair value through profit or loss | 8,932 | 14,569 |
Financial liabilities held for trading [Member] | ||
Financial instruments [Line Items] | ||
Current, financial assets at fair value through profit or loss | 1,254 | 2,610 |
Non-current, financial assets at fair value through profit or loss | 0 | 0 |
Total, financial assets at fair value through profit or loss | 1,254 | 2,610 |
Total Financial Assets [Member] | ||
Financial instruments [Line Items] | ||
Current, total financial assets | 3,174,325 | 1,284,978 |
Non-current, total financial assets | 15,440 | 63,090 |
Total, total financial assets | $ 3,189,765 | $ 1,348,068 |
Financial instruments (Detai_26
Financial instruments (Details 29) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 |
Financial instruments [Line Items] | ||
Current financial liabilities at fair value through profit or loss | $ 328,033 | $ 246,930 |
Non-current financial liabilities at fair value through profit or loss | 2,565,164 | 1,915,575 |
Financial liabilities at fair value through profit or loss | 2,893,197 | 2,162,505 |
Total, total financial liabilities | 4,518,600 | 3,088,270 |
Lease Liability [Member] | ||
Financial instruments [Line Items] | ||
Current financial liabilities at fair value through profit or loss | 7,704 | 5,528 |
Non-current financial liabilities at fair value through profit or loss | 46,519 | 25,546 |
Financial liabilities at fair value through profit or loss | 54,223 | 31,074 |
Trade payables due to related parties [Member] | ||
Financial instruments [Line Items] | ||
Current financial liabilities at fair value through profit or loss | 0 | 606 |
Non-current financial liabilities at fair value through profit or loss | 0 | 0 |
Financial liabilities at fair value through profit or loss | 0 | 606 |
Financial liabilities at fair value through profit or loss [Member] | ||
Financial instruments [Line Items] | ||
Current financial liabilities at amortised cost | 10,626 | 32,092 |
Non-current financial liabilities at amortised cost | 72,900 | 13,511 |
Financial liabilities at amortised cost | 83,526 | 45,603 |
Bank borrowings [Member] | ||
Financial instruments [Line Items] | ||
Current financial liabilities at fair value through profit or loss | 85 | 82 |
Non-current financial liabilities at fair value through profit or loss | 69,613 | 69,376 |
Financial liabilities at fair value through profit or loss | 69,698 | 69,458 |
Bonds issued [Member] | ||
Financial instruments [Line Items] | ||
Current financial liabilities at fair value through profit or loss | 40,594 | 36,781 |
Non-current financial liabilities at fair value through profit or loss | 2,445,219 | 1,816,626 |
Financial liabilities at fair value through profit or loss | 2,485,813 | 1,853,407 |
Trade and other payables [Member] | ||
Financial instruments [Line Items] | ||
Current financial liabilities at fair value through profit or loss | 279,650 | 203,933 |
Non-current financial liabilities at fair value through profit or loss | 3,813 | 4,027 |
Financial liabilities at fair value through profit or loss | 283,463 | 207,960 |
Hedging liabilities [Member] | ||
Financial instruments [Line Items] | ||
Current financial liabilities at fair value through profit or loss | 8,954 | 26,699 |
Non-current financial liabilities at fair value through profit or loss | 72,900 | 13,511 |
Financial liabilities at fair value through profit or loss | 81,854 | 40,210 |
Financial Liabilities Held For Trading [Member] | ||
Financial instruments [Line Items] | ||
Current financial liabilities at fair value through profit or loss | 1,672 | 5,393 |
Non-current financial liabilities at fair value through profit or loss | 0 | 0 |
Financial liabilities at fair value through profit or loss | 1,672 | 5,393 |
Total Financial Liabilities [Member] | ||
Financial instruments [Line Items] | ||
Current, total financial liabilities | 338,659 | 279,022 |
Non-current, total financial liabilities | 2,638,064 | 1,929,086 |
Total, total financial liabilities | $ 2,976,723 | $ 2,208,108 |
Financial instruments (Detai_27
Financial instruments (Details 30) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 |
Financial instruments [Line Items] | ||
Financial assets | $ 98,085 | |
Financial liabilities | 4,518,600 | $ 3,088,270 |
Level 1 of fair value hierarchy [member] | Bank borrowings [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Level 1 of fair value hierarchy [member] | Forwards [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Level 1 of fair value hierarchy [member] | Options [Member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Level 1 of fair value hierarchy [member] | Hedging Swaps [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Level 1 of fair value hierarchy [member] | Swaps Hedges, Investments [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | |
Level 1 of fair value hierarchy [member] | Swaps [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | |
Level 1 of fair value hierarchy [member] | Unsecured obligations [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Level 1 of fair value hierarchy [member] | Current Lease Liabilities [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Level 1 of fair value hierarchy [member] | Bank borrowings [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Level 1 of fair value hierarchy [member] | Unsecured obligations [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Level 1 of fair value hierarchy [member] | Non-current hedging liabilities [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Level 1 of fair value hierarchy [member] | Noncurrent Lease Liabilities [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Level 2 of fair value hierarchy [member] | Bank borrowings [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 85 | 82 |
Level 2 of fair value hierarchy [member] | Forwards [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 1,270 | 4,614 |
Level 2 of fair value hierarchy [member] | Options [Member] | ||
Financial instruments [Line Items] | ||
Financial assets | 402 | 780 |
Level 2 of fair value hierarchy [member] | Hedging Swaps [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 8,954 | 5,695 |
Level 2 of fair value hierarchy [member] | Swaps Hedges, Investments [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | |
Level 2 of fair value hierarchy [member] | Swaps [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 21,004 | |
Level 2 of fair value hierarchy [member] | Unsecured obligations [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 40,594 | 36,781 |
Level 2 of fair value hierarchy [member] | Current Lease Liabilities [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 7,704 | 5,528 |
Level 2 of fair value hierarchy [member] | Bank borrowings [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 70,497 | 71,029 |
Level 2 of fair value hierarchy [member] | Unsecured obligations [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 2,871,005 | 2,355,943 |
Level 2 of fair value hierarchy [member] | Non-current hedging liabilities [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 72,900 | 13,511 |
Level 2 of fair value hierarchy [member] | Noncurrent Lease Liabilities [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 34,521 | 26,027 |
Level 3 of fair value hierarchy [member] | Bank borrowings [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Level 3 of fair value hierarchy [member] | Forwards [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Level 3 of fair value hierarchy [member] | Options [Member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Level 3 of fair value hierarchy [member] | Hedging Swaps [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Level 3 of fair value hierarchy [member] | Swaps Hedges, Investments [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | |
Level 3 of fair value hierarchy [member] | Swaps [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | |
Level 3 of fair value hierarchy [member] | Unsecured obligations [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Level 3 of fair value hierarchy [member] | Current Lease Liabilities [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Level 3 of fair value hierarchy [member] | Bank borrowings [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Level 3 of fair value hierarchy [member] | Unsecured obligations [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Level 3 of fair value hierarchy [member] | Non-current hedging liabilities [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Level 3 of fair value hierarchy [member] | Noncurrent Lease Liabilities [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Fair value Informative [Member] | Bank borrowings [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 85 | 82 |
Fair value Informative [Member] | Forwards [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Fair value Informative [Member] | Options [Member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Fair value Informative [Member] | Hedging Swaps [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Fair value Informative [Member] | Swaps Hedges, Investments [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | |
Fair value Informative [Member] | Swaps [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | |
Fair value Informative [Member] | Unsecured obligations [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 40,594 | 36,781 |
Fair value Informative [Member] | Current Lease Liabilities [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 7,704 | 5,528 |
Fair value Informative [Member] | Bank borrowings [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 70,497 | 71,029 |
Fair value Informative [Member] | Unsecured obligations [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 2,871,005 | 2,355,943 |
Fair value Informative [Member] | Non-current hedging liabilities [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Fair value Informative [Member] | Noncurrent Lease Liabilities [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 34,521 | 26,027 |
Fair Value [Member] | Bank borrowings [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Fair Value [Member] | Forwards [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 1,270 | 4,614 |
Fair Value [Member] | Options [Member] | ||
Financial instruments [Line Items] | ||
Financial assets | 402 | 780 |
Fair Value [Member] | Hedging Swaps [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 8,954 | 5,695 |
Fair Value [Member] | Swaps Hedges, Investments [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | |
Fair Value [Member] | Swaps [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 21,004 | |
Fair Value [Member] | Unsecured obligations [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Fair Value [Member] | Current Lease Liabilities [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Fair Value [Member] | Bank borrowings [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Fair Value [Member] | Unsecured obligations [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Fair Value [Member] | Non-current hedging liabilities [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 72,900 | 13,511 |
Fair Value [Member] | Noncurrent Lease Liabilities [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Gross carrying amount [member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 3,009,510 | 2,222,770 |
Gross carrying amount [member] | Bank borrowings [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 85 | 82 |
Gross carrying amount [member] | Forwards [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Gross carrying amount [member] | Options [Member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Gross carrying amount [member] | Hedging Swaps [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Gross carrying amount [member] | Swaps Hedges, Investments [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | |
Gross carrying amount [member] | Swaps [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | |
Gross carrying amount [member] | Unsecured obligations [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 40,594 | 36,781 |
Gross carrying amount [member] | Current Lease Liabilities [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 7,704 | 5,528 |
Gross carrying amount [member] | Bank borrowings [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 69,613 | 69,376 |
Gross carrying amount [member] | Unsecured obligations [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 2,445,219 | 1,816,626 |
Gross carrying amount [member] | Non-current hedging liabilities [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 0 | 0 |
Gross carrying amount [member] | Noncurrent Lease Liabilities [Member] | ||
Financial instruments [Line Items] | ||
Financial liabilities | 46,519 | 25,546 |
Cash and cash equivalents [Member] | Level 1 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Cash and cash equivalents [Member] | Level 2 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 1,515,051 | 509,102 |
Cash and cash equivalents [Member] | Level 3 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Cash and cash equivalents [Member] | Fair value Informative [Member] | ||
Financial instruments [Line Items] | ||
Financial assets | 1,515,051 | 509,102 |
Cash and cash equivalents [Member] | Fair Value [Member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Cash and cash equivalents [Member] | Gross carrying amount [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 1,515,051 | 509,102 |
Time deposits [Member] | Level 1 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Time deposits [Member] | Level 2 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 905,170 | 345,459 |
Time deposits [Member] | Level 3 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Time deposits [Member] | Fair value Informative [Member] | ||
Financial instruments [Line Items] | ||
Financial assets | 905,170 | 345,459 |
Time deposits [Member] | Fair Value [Member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Time deposits [Member] | Gross carrying amount [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 905,170 | 345,459 |
Derivative instruments [Member] | Level 1 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Derivative instruments [Member] | Level 2 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Derivative instruments [Member] | Level 3 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Derivative instruments [Member] | Fair value Informative [Member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Derivative instruments [Member] | Fair Value [Member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Derivative instruments [Member] | Gross carrying amount [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Forwards [Member] | Level 1 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Forwards [Member] | Level 2 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 1,031 | 2,263 |
Forwards [Member] | Level 3 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Forwards [Member] | Fair value Informative [Member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Forwards [Member] | Fair Value [Member] | ||
Financial instruments [Line Items] | ||
Financial assets | 1,031 | 2,263 |
Forwards [Member] | Gross carrying amount [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Options [Member] | Level 1 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Options [Member] | Level 2 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 223 | 347 |
Options [Member] | Level 3 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Options [Member] | Fair value Informative [Member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Options [Member] | Fair Value [Member] | ||
Financial instruments [Line Items] | ||
Financial assets | 223 | 347 |
Options [Member] | Gross carrying amount [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Hedging assets [Member] | Level 1 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Hedging assets [Member] | Level 2 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 37,276 |
Hedging assets [Member] | Level 3 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Hedging assets [Member] | Fair value Informative [Member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Hedging assets [Member] | Fair Value [Member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 37,276 |
Hedging assets [Member] | Gross carrying amount [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Swaps [Member] | Level 1 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | |
Swaps [Member] | Level 2 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 12,613 | |
Swaps [Member] | Level 3 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | |
Swaps [Member] | Fair value Informative [Member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | |
Swaps [Member] | Fair Value [Member] | ||
Financial instruments [Line Items] | ||
Financial assets | 12,613 | |
Swaps [Member] | Gross carrying amount [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | |
Non-current accounts receivable [Member] | Level 1 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Non-current accounts receivable [Member] | Level 2 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Non-current accounts receivable [Member] | Level 3 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Non-current accounts receivable [Member] | Fair value Informative [Member] | ||
Financial instruments [Line Items] | ||
Financial assets | 6,172 | 11,165 |
Non-current accounts receivable [Member] | Fair Value [Member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Non-current accounts receivable [Member] | Gross carrying amount [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 6,172 | 11,165 |
Others [Member] | Level 1 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Others [Member] | Level 2 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 91 | 80 |
Others [Member] | Level 3 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Others [Member] | Fair value Informative [Member] | ||
Financial instruments [Line Items] | ||
Financial assets | 91 | 80 |
Others [Member] | Fair Value [Member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Others [Member] | Gross carrying amount [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 91 | 80 |
Equity Instruments [Member] | Level 1 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 8,932 | 14,569 |
Equity Instruments [Member] | Level 2 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Equity Instruments [Member] | Level 3 of fair value hierarchy [member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Equity Instruments [Member] | Fair value Informative [Member] | ||
Financial instruments [Line Items] | ||
Financial assets | 0 | 0 |
Equity Instruments [Member] | Fair Value [Member] | ||
Financial instruments [Line Items] | ||
Financial assets | 8,932 | 14,569 |
Equity Instruments [Member] | Gross carrying amount [member] | ||
Financial instruments [Line Items] | ||
Financial assets | $ 0 | $ 0 |
Financial instruments (Detai_28
Financial instruments (Details 34) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 |
Disclosure Of Detailed Information About Net Debt [Line Items] | ||||
Cash and cash equivalents | $ 1,515,051 | $ 509,102 | $ 588,530 | $ 556,066 |
Other current financial assets | 919,049 | 348,069 | ||
Other non-current financial hedge assets | 245 | 37,276 | ||
Other current financial liabilities | (51,305) | (68,955) | ||
Lease liabilities, current | (7,704) | (5,528) | (5,528) | |
Other non-current financial liabilities | (2,587,732) | (1,899,513) | ||
Non-current lease liabilities | (46,519) | (25,546) | (25,546) | |
Total | $ (258,915) | $ (1,105,095) | $ (719,810) |
Financial instruments (Detai_29
Financial instruments (Details 35) - USD ($) | 12 Months Ended | |
Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure Of Detailed Information About Changes In Net Debt [Line Items] | ||
Net debt, beginning of year | $ (1,105,095,000) | $ (719,810,000) |
Amounts from loans | (677,930,000) | (127,863,000) |
Amounts from interests | 81,656,000 | 81,484,000 |
Other cash income/expenses | 1,630,815,000 | (223,584,000) |
Hedging and non- hedging instruments | (17,242,000) | 23,079,000 |
Exchange rate differences | 1,227,000 | (47,752,000) |
Others | (172,346,000) | (90,649,000) |
Net debt, ending of year | (258,915,000) | (1,105,095,000) |
Obligations with the public and bank loans [member] | ||
Disclosure Of Detailed Information About Changes In Net Debt [Line Items] | ||
Net debt, beginning of year | (1,922,864,000) | (1,753,028,000) |
Amounts from loans | (685,130,000) | (136,692,000) |
Amounts from interests | 75,578,000 | 73,933,000 |
Other cash income/expenses | 16,570,000 | 7,819,000 |
Hedging and non- hedging instruments | 0 | 0 |
Exchange rate differences | 44,473,000 | (33,280,000) |
Others | (84,138,000) | (81,616,000) |
Net debt, ending of year | (2,555,511,000) | (1,922,864,000) |
Current and non-current lease liabilities [member] | ||
Disclosure Of Detailed Information About Changes In Net Debt [Line Items] | ||
Net debt, beginning of year | (31,074,000) | (37,897,000) |
Amounts from loans | 7,960,000 | 8,015,000 |
Amounts from interests | 1,587,000 | 1,133,000 |
Other cash income/expenses | 0 | 0 |
Hedging and non- hedging instruments | 0 | 0 |
Exchange rate differences | 181,000 | 0 |
Others | (32,877,000) | (2,325,000) |
Net debt, ending of year | (54,223,000) | (31,074,000) |
Financial instruments derived from hedging [member] | ||
Disclosure Of Detailed Information About Changes In Net Debt [Line Items] | ||
Net debt, beginning of year | 18,070,000 | (23,655,000) |
Amounts from loans | (760,000) | 814,000 |
Amounts from interests | 7,238,000 | 7,634 |
Other cash income/expenses | 0 | 0 |
Hedging and non- hedging instruments | (45,017,000) | 37,371,000 |
Exchange rate differences | 0 | 0 |
Others | (61,128,000) | (4,094,000) |
Net debt, ending of year | (81,597,000) | 18,070,000 |
Current and non current financial liabilities [member] | ||
Disclosure Of Detailed Information About Changes In Net Debt [Line Items] | ||
Net debt, beginning of year | (1,935,868,000) | (1,814,580,000) |
Amounts from loans | (677,930,000) | (127,863,000) |
Amounts from interests | 84,403,000 | 82,700,000 |
Other cash income/expenses | 16,570,000 | 7,819,000 |
Hedging and non- hedging instruments | (45,017,000) | 37,371,000 |
Exchange rate differences | 44,654,000 | (33,280,000) |
Others | (178,143,000) | (88,035,000) |
Net debt, ending of year | (2,691,331,000) | (1,935,868,000) |
Cash and cash equivalents | ||
Disclosure Of Detailed Information About Changes In Net Debt [Line Items] | ||
Net debt, beginning of year | 509,102,000 | 588,530,000 |
Amounts from loans | 0 | 0 |
Amounts from interests | 0 | 0 |
Other cash income/expenses | 1,022,061,000 | (78,988,000) |
Hedging and non- hedging instruments | 0 | 0 |
Exchange rate differences | (16,112,000) | (440,000) |
Others | 0 | 0 |
Net debt, ending of year | 1,515,051,000 | 509,102,000 |
Deposits that do not qualify as cash and cash equivalents [member] | ||
Disclosure Of Detailed Information About Changes In Net Debt [Line Items] | ||
Net debt, beginning of year | 345,459,000 | 485,689,000 |
Amounts from loans | 0 | 0 |
Amounts from interests | (2,747,000) | 0 |
Other cash income/expenses | 585,106,000 | (123,196,000) |
Hedging and non- hedging instruments | 0 | 0 |
Exchange rate differences | (27,315,000) | (14,032,000) |
Others | 4,667,000 | (3,002,000) |
Net debt, ending of year | 905,170,000 | 345,459,000 |
Derivatives from hedge assets [member] | ||
Disclosure Of Detailed Information About Changes In Net Debt [Line Items] | ||
Net debt, beginning of year | (21,004,000) | 21,188,000 |
Amounts from loans | 0 | 0 |
Amounts from interests | 0 | (1,216,000) |
Other cash income/expenses | 9,405,000 | (39,290,000) |
Hedging and non- hedging instruments | 23,082,000 | (2,074,000) |
Exchange rate differences | 0 | 0 |
Others | 1,130,000 | 388,000 |
Net debt, ending of year | 12,613,000 | (21,004,000) |
Derivatives from other financial non-hedge assets [member] | ||
Disclosure Of Detailed Information About Changes In Net Debt [Line Items] | ||
Net debt, beginning of year | (2,784,000) | (637,000) |
Amounts from loans | 0 | 0 |
Amounts from interests | 0 | 0 |
Other cash income/expenses | (2,327,000) | 10,071 |
Hedging and non- hedging instruments | 4,693,000 | (12,218,000) |
Exchange rate differences | 0 | 0 |
Others | 0 | 0 |
Net debt, ending of year | $ (418,000) | $ (2,784,000) |
Financial instruments (Detai_30
Financial instruments (Details Textual) | Sep. 10, 2021USD ($) | Jan. 22, 2020USD ($) | May 07, 2019USD ($) | Nov. 08, 2018USD ($) | Mar. 31, 2018CLF | Apr. 03, 2013USD ($) | Apr. 04, 2012USD ($) | Jan. 13, 2009USD ($) | Oct. 23, 2014USD ($) | Apr. 21, 2010USD ($) | Dec. 31, 2021USD ($) | Dec. 31, 2020USD ($) | Dec. 31, 2021CLF | Dec. 31, 2020CLF | Dec. 30, 2020USD ($) | Oct. 31, 2018CLF | Jan. 15, 2018 | Apr. 04, 2012CLF | Jan. 13, 2009CLF |
Financial instruments [Line Items] | |||||||||||||||||||
Notional amount | $ 43,396,000 | $ 39,031,000 | $ 51,584,000 | ||||||||||||||||
Outstanding purchase commitments | 166,209,000 | 55,516,000 | |||||||||||||||||
Single series bond One [Member] | |||||||||||||||||||
Financial instruments [Line Items] | |||||||||||||||||||
Notional amount | $ 4,648,000 | $ 4,648,000 | |||||||||||||||||
Borrowings, interest rate | 1.56% | 1.95% | 1.56% | 1.95% | |||||||||||||||
Borrowings, maturity | 01/28/2022 | 01/28/2021 | |||||||||||||||||
Single series bond One [Member] | Bonds issued [Member] | |||||||||||||||||||
Financial instruments [Line Items] | |||||||||||||||||||
Notional amount | $ 250,000,000 | ||||||||||||||||||
Borrowings, interest rate | 5.50% | ||||||||||||||||||
Borrowings, maturity | 10 | ||||||||||||||||||
Single series bond Three [Member] | |||||||||||||||||||
Financial instruments [Line Items] | |||||||||||||||||||
Notional amount | $ 2,869,000 | $ 7,508,000 | |||||||||||||||||
Borrowings, interest rate | 3.23% | 3.59% | 3.23% | 3.59% | |||||||||||||||
Borrowings, maturity | 05/07/2022 | 05/07/2021 | |||||||||||||||||
Single series bond Three [Member] | Bonds issued [Member] | |||||||||||||||||||
Financial instruments [Line Items] | |||||||||||||||||||
Notional amount | $ 300,000,000 | $ 300,000,000 | |||||||||||||||||
Borrowings, interest rate | 3.625% | ||||||||||||||||||
Borrowings, maturity | 10 | ||||||||||||||||||
Single series bond Two [Member] | |||||||||||||||||||
Financial instruments [Line Items] | |||||||||||||||||||
Notional amount | $ 2,658,000 | $ 2,658,000 | |||||||||||||||||
Borrowings, interest rate | 0.74% | 1.08% | 0.74% | 1.08% | |||||||||||||||
Borrowings, maturity | 04/03/2022 | 04/03/2021 | |||||||||||||||||
Single series bond Two [Member] | Bonds issued [Member] | |||||||||||||||||||
Financial instruments [Line Items] | |||||||||||||||||||
Notional amount | $ 250,000,000 | $ 250,000,000 | |||||||||||||||||
Borrowings, interest rate | 4.375% | ||||||||||||||||||
Borrowings, maturity | 2025 | ||||||||||||||||||
Series H bonds [Member] | |||||||||||||||||||
Financial instruments [Line Items] | |||||||||||||||||||
Notional amount | $ 16,026,000 | $ 18,212,000 | |||||||||||||||||
Borrowings, interest rate | 1.75% | 0.58% | 1.75% | 0.58% | |||||||||||||||
Borrowings, maturity | 01/05/2022 | 01/05/2021 | |||||||||||||||||
Series H bonds [Member] | Bonds issued [Member] | |||||||||||||||||||
Financial instruments [Line Items] | |||||||||||||||||||
Notional amount | $ 139,216,000 | $ 14,870,000 | $ 13,296,000 | CLF 363,636.36 | CLF 363,636.36 | CLF 4,000,000 | |||||||||||||
Borrowings, interest rate | 4.90% | 4.90% | |||||||||||||||||
Borrowings, maturity | 21 | ||||||||||||||||||
Series Q bonds [Member] | |||||||||||||||||||
Financial instruments [Line Items] | |||||||||||||||||||
Notional amount | $ 314,000 | $ 350,000 | |||||||||||||||||
Borrowings, interest rate | 2.72% | 2.92% | 2.72% | 2.92% | 3.45% | ||||||||||||||
Borrowings, maturity | 06/01/2022 | 06/01/2021 | |||||||||||||||||
Proceeds from disposal or maturity of available-for-sale financial assets | $ 83,567,623,842 | ||||||||||||||||||
Bond Authorised to Issue | CLF | CLF 3,000,000 | ||||||||||||||||||
Series P bonds [Member] | |||||||||||||||||||
Financial instruments [Line Items] | |||||||||||||||||||
Notional amount | $ 1,636,000 | $ 1,824,000 | |||||||||||||||||
Borrowings, interest rate | 2.04% | 2.37% | 2.04% | 2.37% | |||||||||||||||
Borrowings, maturity | 01/15/2022 | 01/15/2021 | |||||||||||||||||
Series P bonds [Member] | Bonds issued [Member] | |||||||||||||||||||
Financial instruments [Line Items] | |||||||||||||||||||
Notional amount | CLF | CLF 3,000,000 | ||||||||||||||||||
Borrowings, interest rate | 3.25% | ||||||||||||||||||
Borrowings, maturity | 10 | ||||||||||||||||||
Series M Bonds [Member] | Bonds issued [Member] | |||||||||||||||||||
Financial instruments [Line Items] | |||||||||||||||||||
Notional amount | $ 69,901,000 | CLF 1,500,000 | |||||||||||||||||
Borrowings, interest rate | 3.80% | 3.80% | |||||||||||||||||
Borrowings, maturity | 21 | ||||||||||||||||||
Unsecured Bonds [Member] | Bonds issued [Member] | |||||||||||||||||||
Financial instruments [Line Items] | |||||||||||||||||||
Notional amount | $ 450,000,000 | ||||||||||||||||||
Borrowings, interest rate | 4.25% | ||||||||||||||||||
Borrowings, maturity | 2029 | ||||||||||||||||||
Single Series Bond Six [Member] | Bonds issued [Member] | |||||||||||||||||||
Financial instruments [Line Items] | |||||||||||||||||||
Notional amount | $ 400,000,000 | ||||||||||||||||||
Borrowings, interest rate | 4.25% | ||||||||||||||||||
Borrowings, maturity | 2050 | ||||||||||||||||||
Single Series Bond Five [Member] | |||||||||||||||||||
Financial instruments [Line Items] | |||||||||||||||||||
Notional amount | $ 6,874,000 | ||||||||||||||||||
Borrowings, interest rate | 3.62% | 3.62% | |||||||||||||||||
Borrowings, maturity | 03/10/2022 | ||||||||||||||||||
Single Series Bond Five [Member] | Bonds issued [Member] | |||||||||||||||||||
Financial instruments [Line Items] | |||||||||||||||||||
Notional amount | $ 700,000,000 | ||||||||||||||||||
Borrowings, interest rate | 3.50% | ||||||||||||||||||
Borrowings, maturity | 2051 | ||||||||||||||||||
Cross currency swap contracts [Member] | Series H bonds [Member] | Bonds issued [Member] | |||||||||||||||||||
Financial instruments [Line Items] | |||||||||||||||||||
Notional amount | $ 760,000 | $ 814,000 |
Right-of-use assets and Lease_3
Right-of-use assets and Lease liabilities (Details) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of quantitative information about right-of-use assets [line items] | ||
Opening Balance | $ 30,024 | $ 37,164 |
Additions | 31,826 | 1,903 |
Depreciation expenses | (8,706) | (8,431) |
Other increases / decreases | (536) | (612) |
Total changes | 22,584 | (7,140) |
Closing balance | 52,608 | 30,024 |
Land [Member] | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Opening Balance | 0 | 0 |
Additions | 17,552 | 0 |
Depreciation expenses | (199) | 0 |
Other increases / decreases | 0 | 0 |
Total changes | 17,353 | 0 |
Closing balance | 17,353 | 0 |
Buildings [member] | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Opening Balance | 23,377 | 25,742 |
Additions | 1,209 | 1,782 |
Depreciation expenses | (3,635) | (3,535) |
Other increases / decreases | 0 | (612) |
Total changes | (2,426) | (2,365) |
Closing balance | 20,951 | 23,377 |
Other property, plant and equipment [member] | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Opening Balance | 0 | 0 |
Additions | 0 | 0 |
Depreciation expenses | 0 | 0 |
Other increases / decreases | 0 | 0 |
Total changes | 0 | 0 |
Closing balance | 0 | 0 |
Transport equipment [Member] | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Opening Balance | 2,479 | 3,356 |
Additions | 862 | 0 |
Depreciation expenses | (763) | (877) |
Other increases / decreases | 0 | 0 |
Total changes | 99 | (877) |
Closing balance | 2,578 | 2,479 |
Supplies and accessories [Member] | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Opening Balance | 0 | 0 |
Additions | 0 | 0 |
Depreciation expenses | 0 | 0 |
Other increases / decreases | 0 | 0 |
Total changes | 0 | 0 |
Closing balance | 0 | 0 |
Office Equipment [Member] | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Opening Balance | 0 | 0 |
Additions | 0 | 0 |
Depreciation expenses | 0 | 0 |
Other increases / decreases | 0 | 0 |
Total changes | 0 | 0 |
Closing balance | 0 | 0 |
Network and communication equipment [Member] | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Opening Balance | 0 | 0 |
Additions | 0 | 0 |
Depreciation expenses | 0 | 0 |
Other increases / decreases | 0 | 0 |
Total changes | 0 | 0 |
Closing balance | 0 | 0 |
Mining assets [member] | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Opening Balance | 0 | 0 |
Additions | 0 | 0 |
Depreciation expenses | 0 | 0 |
Other increases / decreases | 0 | 0 |
Total changes | 0 | 0 |
Closing balance | 0 | 0 |
Computer equipment [member] | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Opening Balance | 0 | 0 |
Additions | 0 | 0 |
Depreciation expenses | 0 | 0 |
Other increases / decreases | 0 | 0 |
Total changes | 0 | 0 |
Closing balance | 0 | 0 |
Energy generating assets [Member] | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Opening Balance | 0 | 0 |
Additions | 0 | 0 |
Depreciation expenses | 0 | 0 |
Other increases / decreases | 0 | 0 |
Total changes | 0 | 0 |
Closing balance | 0 | 0 |
Construction in Progress [Member] | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Opening Balance | 0 | 0 |
Additions | 0 | 0 |
Depreciation expenses | 0 | 0 |
Other increases / decreases | 0 | 0 |
Total changes | 0 | 0 |
Closing balance | 0 | 0 |
Machinery, plant and equipment [Member] | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Opening Balance | 4,168 | 8,066 |
Additions | 12,203 | 121 |
Depreciation expenses | (4,109) | (4,019) |
Other increases / decreases | (536) | 0 |
Total changes | 7,558 | (3,898) |
Closing balance | $ 11,726 | $ 4,168 |
Right-of-use assets and Lease_4
Right-of-use assets and Lease liabilities (Details 1) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 |
Presentation of leases for lessee [abstract] | |||
Current lease liabilities | $ 7,704 | $ 5,528 | $ 5,528 |
Non-current lease liabilities | $ 46,519 | $ 25,546 | $ 25,546 |
Right-of-use assets and Lease_5
Right-of-use assets and Lease liabilities (Details 2) | 12 Months Ended | |
Dec. 31, 2021 | Dec. 31, 2020 | |
SQM Salar SA [Member] | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | Dollar | |
SQM Salar SA [Member] | Empresa Constructora Contex Ltda [Member] | CHILE | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | UF | |
Type Of Amortization | Monthly | |
Maturity date | Mar. 31, 2025 | |
Effective rate | 5.39% | |
SQM Salar SA [Member] | Maquinaria Astudillo y Hermanos Limitada [Member] | CHILE | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Effective rate | 2.89% | |
SQM Salar SA [Member] | Transportes Construccin y Servicios Cribach Ltda [Member] | CHILE | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | Peso | |
Type Of Amortization | Monthly | |
Maturity date | Sep. 1, 2020 | |
Effective rate | 8.93% | |
SQM Salar SA [Member] | SKM Industrial Ltda [Member] | CHILE | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | Peso | |
Type Of Amortization | Monthly | |
Maturity date | Jun. 1, 2022 | |
Effective rate | 8.93% | |
SQM Salar SA [Member] | Ameco Chile SA [Member] | CHILE | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | Peso | |
Type Of Amortization | Monthly | |
Maturity date | Apr. 24, 2021 | |
Effective rate | 4.07% | |
SQM Salar SA [Member] | Maquinaria Astudillo Y Hermanos Limitada One [Member] | CHILE | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | Peso | |
Type Of Amortization | Monthly | |
Maturity date | Nov. 24, 2025 | |
Effective rate | 2.89% | |
SQM Salar SA [Member] | Sociedad Inmobiliaria Amaru SpA [Member] | CHILE | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | UF | |
Type Of Amortization | Monthly | |
Maturity date | Jul. 11, 2023 | |
Effective rate | 2.00% | |
SQM Salar SA [Member] | Maquinaria Astudillo y Hermanos Ltda. [Member] | CHILE | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | UF | UF |
Type Of Amortization | Monthly | Monthly |
Maturity date | Jun. 1, 2026 | Jan. 8, 2026 |
Effective rate | 3.26% | |
SQM Industrial SA [Member] | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | Dollar | |
SQM Industrial SA [Member] | El Trovador SA [Member] | CHILE | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | UF | |
Type Of Amortization | Monthly | |
Maturity date | Feb. 8, 2030 | |
Effective rate | 3.10% | |
SQM Industrial SA [Member] | Sociedad Comercial Grandleasing Chile Ltda [Member] | CHILE | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | UF | |
Type Of Amortization | Monthly | |
Maturity date | Aug. 26, 2024 | |
Effective rate | 2.72% | |
SQM Industrial SA [Member] | Jungheinrich Rentalif SPA [Member] | CHILE | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | UF | |
Type Of Amortization | Monthly | |
Maturity date | Oct. 7, 2024 | |
Effective rate | 3.49% | |
SQM Industrial SA [Member] | Tecno Fast S.A. [Member] | CHILE | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | UF | |
Type Of Amortization | Monthly | |
Maturity date | Dec. 31, 2022 | |
Effective rate | 1.44% | |
Soquimich Comercial S.A. [Member] | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | Dollar | |
Soquimich Comercial S.A. [Member] | Containers Operators S A [Member] | CHILE | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | UF | |
Type Of Amortization | Monthly | |
Maturity date | Dec. 31, 2022 | |
Effective rate | 0.81% | |
Soquimich Comercial S.A. [Member] | SAAM Logistics SA [Member] | CHILE | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | UF | |
Type Of Amortization | Monthly | |
Maturity date | Aug. 1, 2022 | |
Effective rate | 0.81% | |
Soquimich Comercial S.A. [Member] | Muelles de Penco SA [Member] | CHILE | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | UF | |
Type Of Amortization | Monthly | |
Maturity date | Jul. 6, 2023 | |
Effective rate | 1.30% | |
Soquimich Comercial S.A. [Member] | Muelles de Penco SA One [Member] | CHILE | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | UF | |
Type Of Amortization | Monthly | |
Maturity date | Jul. 6, 2023 | |
Effective rate | 1.30% | |
Soquimich Comercial S.A. [Member] | Inmobiliaria Chincui SPA [Member] | CHILE | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | UF | |
Type Of Amortization | Monthly | |
Maturity date | May 1, 2028 | |
Effective rate | 3.38% | |
Soquimich Comercial S.A. [Member] | Compaa de Leasing Tattersall SA [Member] | CHILE | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | UF | |
Type Of Amortization | Monthly | |
Maturity date | Jul. 5, 2025 | |
Effective rate | 2.97% | |
SQM North America Corp. [Member] | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | Dollar | |
SQM North America Corp. [Member] | Paces West LL [Member] | UNITED STATES | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | Dollar | |
Type Of Amortization | Monthly | |
Maturity date | Dec. 31, 2027 | |
Effective rate | 3.36% | |
SQM North America Corp. [Member] | Hawkins Nunmber One LLC [Member] | UNITED STATES | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | Dollar | |
Type Of Amortization | Monthly | |
Maturity date | Aug. 31, 2024 | |
Effective rate | 3.33% | |
SQM North America Corp. [Member] | Deep South Equipment Company [Member] | UNITED STATES | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | Dollar | |
Type Of Amortization | Monthly | |
Maturity date | Mar. 24, 2024 | |
Effective rate | 1.33% | |
SQM North America Corp. [Member] | Tennant-South [Member] | UNITED STATES | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | Dollar | |
Type Of Amortization | Monthly | |
Maturity date | Jul. 2, 2023 | |
Effective rate | 1.00% | |
SQM Comercial De Mexico S.A. de C.V. [Member] | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | Dollar | |
SQM Comercial De Mexico S.A. de C.V. [Member] | Onni Ensenada SA de CV [Member] | MEXICO | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | Dollar | |
Type Of Amortization | Monthly | |
Maturity date | Dec. 3, 2026 | |
Effective rate | 3.45% | |
SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV [Member] | MEXICO | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | Mexican Peso | |
Type Of Amortization | Monthly | |
Maturity date | Oct. 31, 2023 | |
Effective rate | 7.84% | |
SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV One [Member] | MEXICO | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | Mexican Peso | |
Type Of Amortization | Monthly | |
Maturity date | Oct. 31, 2023 | |
Effective rate | 7.84% | |
SQM Europe N.V. [Member] | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | Dollar | |
SQM Europe N.V. [Member] | Straatsburgdok NV [Member] | BELGIUM | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | Euro | |
Type Of Amortization | Monthly | |
Maturity date | Mar. 31, 2027 | |
Effective rate | 1.30% | |
SQM Australia PTY [Member] | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | Dollar | |
SQM Australia PTY [Member] | The trust Company Australia Pty Ltd [Member] | AUSTRALIA | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | Australian dollar | |
Type Of Amortization | Monthly | |
Maturity date | Jan. 31, 2021 | |
Effective rate | 3.60% | |
SQM Australia PTY [Member] | Eagle Petroleum (WA) Pty Ltd [Member] | AUSTRALIA | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | Australian dollar | |
Type Of Amortization | Monthly | |
Maturity date | Jun. 21, 2022 | |
Effective rate | 5.00% | |
SQM Australia PTY [Member] | Ausco Modular Pty Limited [Member] | AUSTRALIA | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | Australian dollar | |
Type Of Amortization | Monthly | |
Maturity date | Jan. 31, 2023 | |
Effective rate | 5.00% | |
SQM Australia PTY [Member] | Western Australian Land Authority [Member] | AUSTRALIA | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | Australian dollar | |
Type Of Amortization | Monthly | |
Maturity date | Aug. 31, 2051 | |
Effective rate | 3.55% | |
SQM Nitratos S.A. [Member] | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | Dollar | |
SQM Nitratos S.A. [Member] | Jungheinrich Rentalif SPA [Member] | CHILE | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | UF | |
Type Of Amortization | Monthly | |
Maturity date | Oct. 7, 2024 | |
Effective rate | 3.49% | |
SQM S.A. [Member] | Jungheinrich Rentalif SPA [Member] | CHILE | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | UF | |
Type Of Amortization | Monthly | |
Maturity date | Oct. 7, 2024 | |
Effective rate | 3.49% | |
Orcoma Estudios SPA | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | Dollar | |
Orcoma Estudios SPA | Obispado de Iquique [Member] | CHILE | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | CLP | |
Type Of Amortization | Monthly | |
Maturity date | Jul. 12, 2036 | |
Effective rate | 6.16% | |
Orcoma Estudios SPA | Comunidad Indgena Aymara Pueblo de Pisiga Choque [Member] | CHILE | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | UF | |
Type Of Amortization | Monthly | |
Maturity date | Jul. 12, 2024 | |
Effective rate | 2.53% | |
Orcoma Estudios SPA | Ruth del Carmen Cortez Maturana [Member] | CHILE | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | Peso | |
Type Of Amortization | Monthly | |
Maturity date | Jul. 12, 2031 | |
Effective rate | 7.44% | |
SQM Colombia S.A.S. [Member] | Mareauto Colombia S.A.S. [Member] | COLOMBIA | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | COP | |
Type Of Amortization | Monthly | |
Maturity date | Dec. 18, 2023 | |
Effective rate | 2.01% | |
SQM Colombia S.A.S. [Member] | Renting Colombia S.A. [Member] | COLOMBIA | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | COP | |
Type Of Amortization | Monthly | |
Maturity date | Oct. 16, 2024 | |
Effective rate | 2.72% | |
SQM Colombia S.A.S. [Member] | Renting Colombia S.a.One [Member] | COLOMBIA | ||
Disclosure of quantitative information about right-of-use assets [line items] | ||
Functional currency | COP | |
Type Of Amortization | Monthly | |
Maturity date | Dec. 27, 2024 | |
Effective rate | 2.17% |
Right-of-use assets and Lease_6
Right-of-use assets and Lease liabilities (Details 3) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 |
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | $ 7,704 | $ 5,528 | $ 5,528 |
Lease Liabilities At Nominal Amount [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 8,881 | 6,402 | |
Lease Liabilities At Nominal Amount [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 2,367 | 2,131 | |
Lease Liabilities At Nominal Amount [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 6,514 | 4,271 | |
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | Empresa Constructora Contex Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 2,158 | 536 | |
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | Empresa Constructora Contex Ltda [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 540 | 536 | |
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | Empresa Constructora Contex Ltda [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 1,618 | 0 | |
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | Maquinarias Industriales Astudillo Hermanos Ltda. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 400 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | Maquinarias Industriales Astudillo Hermanos Ltda. [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 100 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | Maquinarias Industriales Astudillo Hermanos Ltda. [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 300 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | Transportes Construccin y Servicios Cribach Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | Transportes Construccin y Servicios Cribach Ltda [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | Transportes Construccin y Servicios Cribach Ltda [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | SKM Industrial Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 337 | 809 | |
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | SKM Industrial Ltda [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 202 | 202 | |
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | SKM Industrial Ltda [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 135 | 607 | |
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | Maquinarias Industriales Astudillo Hermanos Ltda. One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 193 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | Maquinarias Industriales Astudillo Hermanos Ltda. One [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 48 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | Maquinarias Industriales Astudillo Hermanos Ltda. One [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 145 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | Sociedad Inmobiliaria Amaru SpA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 195 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | Sociedad Inmobiliaria Amaru SpA [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 49 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | Sociedad Inmobiliaria Amaru SpA [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 146 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | Maquinarias Industriales Astudillo Hermanos Ltda. Two [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 31 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | Maquinarias Industriales Astudillo Hermanos Ltda. Two [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 8 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | Maquinarias Industriales Astudillo Hermanos Ltda. Two [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 23 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | Ameco Chile SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 135 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | Ameco Chile SA [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 135 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | Ameco Chile SA [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Industrial SA [Member] | ElTrovadorSa [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 1,865 | 1,865 | |
Lease Liabilities At Nominal Amount [Member] | SQM Industrial SA [Member] | ElTrovadorSa [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 466 | 466 | |
Lease Liabilities At Nominal Amount [Member] | SQM Industrial SA [Member] | ElTrovadorSa [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 1,399 | 1,399 | |
Lease Liabilities At Nominal Amount [Member] | SQM Industrial SA [Member] | Sociedad Comercial Grandleasing Chile Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 721 | 720 | |
Lease Liabilities At Nominal Amount [Member] | SQM Industrial SA [Member] | Sociedad Comercial Grandleasing Chile Ltda [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 180 | 180 | |
Lease Liabilities At Nominal Amount [Member] | SQM Industrial SA [Member] | Sociedad Comercial Grandleasing Chile Ltda [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 541 | 540 | |
Lease Liabilities At Nominal Amount [Member] | SQM Industrial SA [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 118 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Industrial SA [Member] | Jungheinrich Rentalif SPA [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 30 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Industrial SA [Member] | Jungheinrich Rentalif SPA [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 88 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Industrial SA [Member] | Technofast [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 74 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Industrial SA [Member] | Technofast [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 18 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Industrial SA [Member] | Technofast [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 56 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Nitratos S.A. [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 73 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Nitratos S.A. [Member] | Jungheinrich Rentalif SPA [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 18 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Nitratos S.A. [Member] | Jungheinrich Rentalif SPA [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 55 | ||
Lease Liabilities At Nominal Amount [Member] | SQM S.A. [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 79 | ||
Lease Liabilities At Nominal Amount [Member] | SQM S.A. [Member] | Jungheinrich Rentalif SPA [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 20 | ||
Lease Liabilities At Nominal Amount [Member] | SQM S.A. [Member] | Jungheinrich Rentalif SPA [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 59 | ||
Lease Liabilities At Nominal Amount [Member] | Orcoma Estudios SPA | Obispado de Iquique [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 5 | ||
Lease Liabilities At Nominal Amount [Member] | Orcoma Estudios SPA | Obispado de Iquique [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 1 | ||
Lease Liabilities At Nominal Amount [Member] | Orcoma Estudios SPA | Obispado de Iquique [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 4 | ||
Lease Liabilities At Nominal Amount [Member] | Orcoma Estudios SPA | Comunidad Indgena Aymara Pueblo de Pisiga Choque [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 6 | ||
Lease Liabilities At Nominal Amount [Member] | Orcoma Estudios SPA | Comunidad Indgena Aymara Pueblo de Pisiga Choque [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 1 | ||
Lease Liabilities At Nominal Amount [Member] | Orcoma Estudios SPA | Comunidad Indgena Aymara Pueblo de Pisiga Choque [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 5 | ||
Lease Liabilities At Nominal Amount [Member] | Orcoma Estudios SPA | Ruth del Carmen Cortez Maturana [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 4 | ||
Lease Liabilities At Nominal Amount [Member] | Orcoma Estudios SPA | Ruth del Carmen Cortez Maturana [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 1 | ||
Lease Liabilities At Nominal Amount [Member] | Orcoma Estudios SPA | Ruth del Carmen Cortez Maturana [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 3 | ||
Lease Liabilities At Nominal Amount [Member] | Soquimich Comercial S.A. [Member] | SAAM Logistics SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Soquimich Comercial S.A. [Member] | SAAM Logistics SA [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Soquimich Comercial S.A. [Member] | SAAM Logistics SA [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Soquimich Comercial S.A. [Member] | Containers Operators S A [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 343 | ||
Lease Liabilities At Nominal Amount [Member] | Soquimich Comercial S.A. [Member] | Containers Operators S A [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 86 | ||
Lease Liabilities At Nominal Amount [Member] | Soquimich Comercial S.A. [Member] | Containers Operators S A [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 257 | ||
Lease Liabilities At Nominal Amount [Member] | Soquimich Comercial S.A. [Member] | Muelles de Penco SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 165 | 165 | |
Lease Liabilities At Nominal Amount [Member] | Soquimich Comercial S.A. [Member] | Muelles de Penco SA [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 41 | 41 | |
Lease Liabilities At Nominal Amount [Member] | Soquimich Comercial S.A. [Member] | Muelles de Penco SA [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 124 | 124 | |
Lease Liabilities At Nominal Amount [Member] | Soquimich Comercial S.A. [Member] | Muelles de Penco SA One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 178 | 177 | |
Lease Liabilities At Nominal Amount [Member] | Soquimich Comercial S.A. [Member] | Muelles de Penco SA One [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 44 | 44 | |
Lease Liabilities At Nominal Amount [Member] | Soquimich Comercial S.A. [Member] | Muelles de Penco SA One [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 134 | 133 | |
Lease Liabilities At Nominal Amount [Member] | Soquimich Comercial S.A. [Member] | Inmobiliaria Chincui SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 628 | 628 | |
Lease Liabilities At Nominal Amount [Member] | Soquimich Comercial S.A. [Member] | Inmobiliaria Chincui SPA [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 157 | 157 | |
Lease Liabilities At Nominal Amount [Member] | Soquimich Comercial S.A. [Member] | Inmobiliaria Chincui SPA [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 471 | 471 | |
Lease Liabilities At Nominal Amount [Member] | Soquimich Comercial S.A. [Member] | Compaa de Leasing Tattersall SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 232 | 73 | |
Lease Liabilities At Nominal Amount [Member] | Soquimich Comercial S.A. [Member] | Compaa de Leasing Tattersall SA [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 58 | 55 | |
Lease Liabilities At Nominal Amount [Member] | Soquimich Comercial S.A. [Member] | Compaa de Leasing Tattersall SA [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 174 | 18 | |
Lease Liabilities At Nominal Amount [Member] | SQM North America Corp. [Member] | Paces West LL [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 223 | 216 | |
Lease Liabilities At Nominal Amount [Member] | SQM North America Corp. [Member] | Paces West LL [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 55 | 53 | |
Lease Liabilities At Nominal Amount [Member] | SQM North America Corp. [Member] | Paces West LL [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 168 | 163 | |
Lease Liabilities At Nominal Amount [Member] | SQM North America Corp. [Member] | Deep South Equipment Company [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 5 | ||
Lease Liabilities At Nominal Amount [Member] | SQM North America Corp. [Member] | Deep South Equipment Company [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 1 | ||
Lease Liabilities At Nominal Amount [Member] | SQM North America Corp. [Member] | Deep South Equipment Company [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 4 | ||
Lease Liabilities At Nominal Amount [Member] | SQM North America Corp. [Member] | Hawkins Nunmber One LLC [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 130 | 127 | |
Lease Liabilities At Nominal Amount [Member] | SQM North America Corp. [Member] | Hawkins Nunmber One LLC [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 32 | 31 | |
Lease Liabilities At Nominal Amount [Member] | SQM North America Corp. [Member] | Hawkins Nunmber One LLC [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 98 | 96 | |
Lease Liabilities At Nominal Amount [Member] | SQM North America Corp. [Member] | TennantSouth [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 6 | ||
Lease Liabilities At Nominal Amount [Member] | SQM North America Corp. [Member] | TennantSouth [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 2 | ||
Lease Liabilities At Nominal Amount [Member] | SQM North America Corp. [Member] | TennantSouth [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 4 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Onni Ensenada SA de CV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 395 | 395 | |
Lease Liabilities At Nominal Amount [Member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Onni Ensenada SA de CV [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 99 | 99 | |
Lease Liabilities At Nominal Amount [Member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Onni Ensenada SA de CV [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 296 | 296 | |
Lease Liabilities At Nominal Amount [Member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 78 | 79 | |
Lease Liabilities At Nominal Amount [Member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 20 | 20 | |
Lease Liabilities At Nominal Amount [Member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 58 | 59 | |
Lease Liabilities At Nominal Amount [Member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 28 | 28 | |
Lease Liabilities At Nominal Amount [Member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV One [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 7 | 7 | |
Lease Liabilities At Nominal Amount [Member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV One [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 21 | 21 | |
Lease Liabilities At Nominal Amount [Member] | SQM Europe N.V. [Member] | Straatsburgdok NV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 408 | 393 | |
Lease Liabilities At Nominal Amount [Member] | SQM Europe N.V. [Member] | Straatsburgdok NV [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 102 | 91 | |
Lease Liabilities At Nominal Amount [Member] | SQM Europe N.V. [Member] | Straatsburgdok NV [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 306 | 302 | |
Lease Liabilities At Nominal Amount [Member] | SQM Australia PTY [Member] | The trust Company Australia Pty Ltd [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 56 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Australia PTY [Member] | The trust Company Australia Pty Ltd [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 14 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Australia PTY [Member] | The trust Company Australia Pty Ltd [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 42 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Australia PTY [Member] | Ausco Modular Pty Limited [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 34 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Australia PTY [Member] | Ausco Modular Pty Limited [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 9 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Australia PTY [Member] | Ausco Modular Pty Limited [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 25 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Australia PTY [Member] | Western Australian Land Authority [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 279 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Australia PTY [Member] | Western Australian Land Authority [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 52 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Australia PTY [Member] | Western Australian Land Authority [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 227 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Australia PTY [Member] | Eagle Petroleum (WA) Pty Ltd [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 11 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Australia PTY [Member] | Eagle Petroleum (WA) Pty Ltd [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 5 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Australia PTY [Member] | Eagle Petroleum (WA) Pty Ltd [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 6 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Australia PTY [Member] | Knight Frank [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 12 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Australia PTY [Member] | Knight Frank [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 12 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Australia PTY [Member] | Knight Frank [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Colombia S.A.S. [Member] | Mareauto Colombia S.A.S. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 6 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Colombia S.A.S. [Member] | Mareauto Colombia S.A.S. [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 2 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Colombia S.A.S. [Member] | Mareauto Colombia S.A.S. [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 4 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Colombia S.A.S. [Member] | Renting Colombia S.A. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 9 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Colombia S.A.S. [Member] | Renting Colombia S.A. [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 2 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Colombia S.A.S. [Member] | Renting Colombia S.A. [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 7 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Colombia S.A.S. [Member] | Renting Colombia S.a.One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 10 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Colombia S.A.S. [Member] | Renting Colombia S.a.One [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 3 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Colombia S.A.S. [Member] | Renting Colombia S.a.One [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 7 | ||
Lease Liabilities At Amortized Cost Member [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 7,704 | 5,528 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 2,009 | 1,925 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 5,695 | 3,603 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | Empresa Constructora Contex Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 1,864 | 536 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | Empresa Constructora Contex Ltda [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 457 | 536 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | Empresa Constructora Contex Ltda [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 1,407 | $ 0 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | Maquinarias Industriales Astudillo Hermanos Ltda. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 361 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | Maquinarias Industriales Astudillo Hermanos Ltda. [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 89 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | Maquinarias Industriales Astudillo Hermanos Ltda. [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 272 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | Transportes Construccin y Servicios Cribach Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | Transportes Construccin y Servicios Cribach Ltda [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | Transportes Construccin y Servicios Cribach Ltda [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | SKM Industrial Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 330 | 747 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | SKM Industrial Ltda [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 197 | 181 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | SKM Industrial Ltda [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 133 | 566 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | Maquinarias Industriales Astudillo Hermanos Ltda. One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 175 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | Maquinarias Industriales Astudillo Hermanos Ltda. One [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 43 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | Maquinarias Industriales Astudillo Hermanos Ltda. One [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 132 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | Sociedad Inmobiliaria Amaru SpA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 191 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | Sociedad Inmobiliaria Amaru SpA [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 47 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | Sociedad Inmobiliaria Amaru SpA [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 144 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | Maquinarias Industriales Astudillo Hermanos Ltda. Two [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 27 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | Maquinarias Industriales Astudillo Hermanos Ltda. Two [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 7 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | Maquinarias Industriales Astudillo Hermanos Ltda. Two [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 20 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | Ameco Chile SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 134 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | Ameco Chile SA [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 134 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | Ameco Chile SA [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Industrial SA [Member] | ElTrovadorSa [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 1,474 | 1,429 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Industrial SA [Member] | ElTrovadorSa [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 364 | 353 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Industrial SA [Member] | ElTrovadorSa [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 1,110 | 1,076 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Industrial SA [Member] | Sociedad Comercial Grandleasing Chile Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 680 | 662 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Industrial SA [Member] | Sociedad Comercial Grandleasing Chile Ltda [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 168 | 164 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Industrial SA [Member] | Sociedad Comercial Grandleasing Chile Ltda [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 512 | 498 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Industrial SA [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 109 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Industrial SA [Member] | Jungheinrich Rentalif SPA [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 27 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Industrial SA [Member] | Jungheinrich Rentalif SPA [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 82 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Industrial SA [Member] | Technofast [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 73 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Industrial SA [Member] | Technofast [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 18 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Industrial SA [Member] | Technofast [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 55 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Nitratos S.A. [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 67 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Nitratos S.A. [Member] | Jungheinrich Rentalif SPA [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 17 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Nitratos S.A. [Member] | Jungheinrich Rentalif SPA [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 50 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM S.A. [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 73 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM S.A. [Member] | Jungheinrich Rentalif SPA [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 18 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM S.A. [Member] | Jungheinrich Rentalif SPA [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 55 | ||
Lease Liabilities At Amortized Cost Member [Member] | Orcoma Estudios SPA | Obispado de Iquique [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 2 | ||
Lease Liabilities At Amortized Cost Member [Member] | Orcoma Estudios SPA | Obispado de Iquique [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 1 | ||
Lease Liabilities At Amortized Cost Member [Member] | Orcoma Estudios SPA | Obispado de Iquique [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 1 | ||
Lease Liabilities At Amortized Cost Member [Member] | Orcoma Estudios SPA | Comunidad Indgena Aymara Pueblo de Pisiga Choque [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 5 | ||
Lease Liabilities At Amortized Cost Member [Member] | Orcoma Estudios SPA | Comunidad Indgena Aymara Pueblo de Pisiga Choque [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 1 | ||
Lease Liabilities At Amortized Cost Member [Member] | Orcoma Estudios SPA | Comunidad Indgena Aymara Pueblo de Pisiga Choque [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 4 | ||
Lease Liabilities At Amortized Cost Member [Member] | Orcoma Estudios SPA | Ruth del Carmen Cortez Maturana [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 2 | ||
Lease Liabilities At Amortized Cost Member [Member] | Orcoma Estudios SPA | Ruth del Carmen Cortez Maturana [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 1 | ||
Lease Liabilities At Amortized Cost Member [Member] | Orcoma Estudios SPA | Ruth del Carmen Cortez Maturana [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 1 | ||
Lease Liabilities At Amortized Cost Member [Member] | Soquimich Comercial S.A. [Member] | SAAM Logistics SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Soquimich Comercial S.A. [Member] | SAAM Logistics SA [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Soquimich Comercial S.A. [Member] | SAAM Logistics SA [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Soquimich Comercial S.A. [Member] | Containers Operators S A [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 342 | ||
Lease Liabilities At Amortized Cost Member [Member] | Soquimich Comercial S.A. [Member] | Containers Operators S A [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 85 | ||
Lease Liabilities At Amortized Cost Member [Member] | Soquimich Comercial S.A. [Member] | Containers Operators S A [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 257 | ||
Lease Liabilities At Amortized Cost Member [Member] | Soquimich Comercial S.A. [Member] | Muelles de Penco SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 163 | 161 | |
Lease Liabilities At Amortized Cost Member [Member] | Soquimich Comercial S.A. [Member] | Muelles de Penco SA [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 41 | 54 | |
Lease Liabilities At Amortized Cost Member [Member] | Soquimich Comercial S.A. [Member] | Muelles de Penco SA [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 122 | 107 | |
Lease Liabilities At Amortized Cost Member [Member] | Soquimich Comercial S.A. [Member] | Muelles de Penco SA One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 175 | 172 | |
Lease Liabilities At Amortized Cost Member [Member] | Soquimich Comercial S.A. [Member] | Muelles de Penco SA One [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 44 | 57 | |
Lease Liabilities At Amortized Cost Member [Member] | Soquimich Comercial S.A. [Member] | Muelles de Penco SA One [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 131 | 115 | |
Lease Liabilities At Amortized Cost Member [Member] | Soquimich Comercial S.A. [Member] | Inmobiliaria Chincui SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 515 | 499 | |
Lease Liabilities At Amortized Cost Member [Member] | Soquimich Comercial S.A. [Member] | Inmobiliaria Chincui SPA [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 127 | 123 | |
Lease Liabilities At Amortized Cost Member [Member] | Soquimich Comercial S.A. [Member] | Inmobiliaria Chincui SPA [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 388 | 376 | |
Lease Liabilities At Amortized Cost Member [Member] | Soquimich Comercial S.A. [Member] | Compaa de Leasing Tattersall SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 213 | 72 | |
Lease Liabilities At Amortized Cost Member [Member] | Soquimich Comercial S.A. [Member] | Compaa de Leasing Tattersall SA [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 52 | 54 | |
Lease Liabilities At Amortized Cost Member [Member] | Soquimich Comercial S.A. [Member] | Compaa de Leasing Tattersall SA [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 161 | 18 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM North America Corp. [Member] | Paces West LL [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 182 | 169 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM North America Corp. [Member] | Paces West LL [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 44 | 41 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM North America Corp. [Member] | Paces West LL [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 138 | 128 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM North America Corp. [Member] | Deep South Equipment Company [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 5 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM North America Corp. [Member] | Deep South Equipment Company [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 1 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM North America Corp. [Member] | Deep South Equipment Company [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 4 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM North America Corp. [Member] | Hawkins Nunmber One LLC [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 121 | 113 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM North America Corp. [Member] | Hawkins Nunmber One LLC [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 30 | 28 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM North America Corp. [Member] | Hawkins Nunmber One LLC [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 91 | 85 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM North America Corp. [Member] | TennantSouth [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 6 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM North America Corp. [Member] | TennantSouth [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 1 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM North America Corp. [Member] | TennantSouth [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 5 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Onni Ensenada SA de CV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 338 | 327 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Onni Ensenada SA de CV [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 84 | 81 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Onni Ensenada SA de CV [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 254 | 246 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 70 | 65 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 17 | 16 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 53 | 49 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 25 | 24 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV One [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 6 | 6 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV One [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 19 | 18 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Europe N.V. [Member] | Straatsburgdok NV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 383 | 362 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Europe N.V. [Member] | Straatsburgdok NV [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 95 | 83 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Europe N.V. [Member] | Straatsburgdok NV [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 288 | 279 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Australia PTY [Member] | The trust Company Australia Pty Ltd [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 56 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Australia PTY [Member] | The trust Company Australia Pty Ltd [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 14 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Australia PTY [Member] | The trust Company Australia Pty Ltd [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | $ 42 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Australia PTY [Member] | Ausco Modular Pty Limited [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 32 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Australia PTY [Member] | Ausco Modular Pty Limited [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 8 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Australia PTY [Member] | Ausco Modular Pty Limited [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 24 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Australia PTY [Member] | Western Australian Land Authority [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 347 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Australia PTY [Member] | Western Australian Land Authority [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 103 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Australia PTY [Member] | Western Australian Land Authority [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 244 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Australia PTY [Member] | Eagle Petroleum (WA) Pty Ltd [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 11 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Australia PTY [Member] | Eagle Petroleum (WA) Pty Ltd [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 3 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Australia PTY [Member] | Eagle Petroleum (WA) Pty Ltd [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 8 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Australia PTY [Member] | Knight Frank [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 12 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Australia PTY [Member] | Knight Frank [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 12 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Australia PTY [Member] | Knight Frank [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Colombia S.A.S. [Member] | Mareauto Colombia S.A.S. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 6 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Colombia S.A.S. [Member] | Mareauto Colombia S.A.S. [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 2 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Colombia S.A.S. [Member] | Mareauto Colombia S.A.S. [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 4 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Colombia S.A.S. [Member] | Renting Colombia S.A. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 9 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Colombia S.A.S. [Member] | Renting Colombia S.A. [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 2 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Colombia S.A.S. [Member] | Renting Colombia S.A. [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 7 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Colombia S.A.S. [Member] | Renting Colombia S.a.One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 10 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Colombia S.A.S. [Member] | Renting Colombia S.a.One [Member] | Later than three months [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | 3 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Colombia S.A.S. [Member] | Renting Colombia S.a.One [Member] | Later than three months and not later than one year [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Current lease liabilities | $ 7 |
Right-of-use assets and Lease_7
Right-of-use assets and Lease liabilities (Details 4) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 |
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | $ 46,519 | $ 25,546 | $ 25,546 |
Lease Liabilities At Nominal Amount [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 60,048 | 28,205 | |
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | Empresa Constructora Contex Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 4,857 | 0 | |
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | Maquinarias Industriales Astudillo Hermanos Ltda. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 1,234 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | Transportes Construccin y Servicios Cribach Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | SKM Industrial Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 337 | |
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | MaquinariasIndustrialesAstudilloHermanosLtda.One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 563 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | Sociedad Inmobiliaria Amaru SpA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 98 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | MaquinariasIndustrialesAstudilloHermanosLtda.Two [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 106 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Salar SA [Member] | Ameco Chile SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Industrial SA [Member] | El Trovador SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 13,364 | 15,229 | |
Lease Liabilities At Nominal Amount [Member] | SQM Industrial SA [Member] | Sociedad Comercial Grandleasing Chile Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 1,141 | 1,861 | |
Lease Liabilities At Nominal Amount [Member] | SQM Industrial SA [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 216 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Industrial SA [Member] | Technofast [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Nitratos SA [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 134 | ||
Lease Liabilities At Nominal Amount [Member] | SQM S.A. [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 145 | ||
Lease Liabilities At Nominal Amount [Member] | Soquimich Comercial S.A. [Member] | Containers Operators S A [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Soquimich Comercial S.A. [Member] | SAAM Logistics SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Soquimich Comercial S.A. [Member] | Muelles de Penco SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 96 | 262 | |
Lease Liabilities At Nominal Amount [Member] | Soquimich Comercial S.A. [Member] | Muelles de Penco SA One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 104 | 281 | |
Lease Liabilities At Nominal Amount [Member] | Soquimich Comercial S.A. [Member] | Inmobiliaria Chincui SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 3,399 | 4,027 | |
Lease Liabilities At Nominal Amount [Member] | Soquimich Comercial S.A. [Member] | Compaa de Leasing Tattersall SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 581 | 0 | |
Lease Liabilities At Nominal Amount [Member] | SQM North America Corp. [Member] | Paces West LL [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 1,217 | 1,440 | |
Lease Liabilities At Nominal Amount [Member] | SQM North America Corp. [Member] | Hawkins Nunmber One LLC [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 224 | 353 | |
Lease Liabilities At Nominal Amount [Member] | SQM North America Corp. [Member] | Deep South Equipment Company [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 6 | ||
Lease Liabilities At Nominal Amount [Member] | SQM North America Corp. [Member] | TennantSouth [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 3 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Onni Ensenada SA de CV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 1,545 | 1,940 | |
Lease Liabilities At Nominal Amount [Member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 65 | 144 | |
Lease Liabilities At Nominal Amount [Member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 24 | 52 | |
Lease Liabilities At Nominal Amount [Member] | SQM Europe N.V. [Member] | Straatsburgdok NV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 1,859 | 2,268 | |
Lease Liabilities At Nominal Amount [Member] | SQM Australia PTY [Member] | The trust Company Australia Pty Ltd [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 11 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Australia PTY [Member] | Ausco Modular Pty Limited [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 15 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Australia PTY [Member] | Western Australian Land Authority [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 28,903 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Colombia S.A.S. [Member] | Mareauto Colombia S.A.S. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 6 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Colombia S.A.S. [Member] | Renting Colombia S.A. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 15 | ||
Lease Liabilities At Nominal Amount [Member] | SQM Colombia S.A.S. [Member] | Renting Colombia S.a.One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 21 | ||
Lease Liabilities At Nominal Amount [Member] | Orcoma Estudios SPA [Member] | Obispado de Iquique [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 65 | ||
Lease Liabilities At Nominal Amount [Member] | Orcoma Estudios SPA [Member] | Comunidad Indgena Aymara Pueblo de Pisiga Choque [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 8 | ||
Lease Liabilities At Nominal Amount [Member] | Orcoma Estudios SPA [Member] | Ruth del Carmen Cortez Maturana [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 34 | ||
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 16,636 | 9,833 | |
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | SQM Salar SA [Member] | Empresa Constructora Contex Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 4,317 | 0 | |
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | SQM Salar SA [Member] | Maquinarias Industriales Astudillo Hermanos Ltda. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 800 | ||
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | SQM Salar SA [Member] | Transportes Construccin y Servicios Cribach Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | SQM Salar SA [Member] | SKM Industrial Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 337 | |
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | SQM Salar SA [Member] | MaquinariasIndustrialesAstudilloHermanosLtda.One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 386 | ||
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | SQM Salar SA [Member] | Sociedad Inmobiliaria Amaru SpA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 98 | ||
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | SQM Salar SA [Member] | MaquinariasIndustrialesAstudilloHermanosLtda.Two [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 62 | ||
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | SQM Salar SA [Member] | Ameco Chile SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | SQM Industrial SA [Member] | El Trovador SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 3,730 | 3,730 | |
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | SQM Industrial SA [Member] | Sociedad Comercial Grandleasing Chile Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 1,141 | 1,441 | |
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | SQM Industrial SA [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 216 | ||
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | SQM Industrial SA [Member] | Technofast [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | SQM Nitratos SA [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 134 | ||
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | SQM S.A. [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 145 | ||
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | Soquimich Comercial S.A. [Member] | Containers Operators S A [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | Soquimich Comercial S.A. [Member] | SAAM Logistics SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | Soquimich Comercial S.A. [Member] | Muelles de Penco SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 96 | 262 | |
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | Soquimich Comercial S.A. [Member] | Muelles de Penco SA One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 104 | 281 | |
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | Soquimich Comercial S.A. [Member] | Inmobiliaria Chincui SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 1,255 | 1,255 | |
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | Soquimich Comercial S.A. [Member] | Compaa de Leasing Tattersall SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 465 | 0 | |
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | SQM North America Corp. [Member] | Paces West LL [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 465 | 452 | |
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | SQM North America Corp. [Member] | Hawkins Nunmber One LLC [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 224 | 263 | |
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | SQM North America Corp. [Member] | Deep South Equipment Company [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 6 | ||
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | SQM North America Corp. [Member] | TennantSouth [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 3 | ||
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Onni Ensenada SA de CV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 789 | 789 | |
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 65 | 144 | |
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 24 | 52 | |
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | SQM Europe N.V. [Member] | Straatsburgdok NV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 844 | 816 | |
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | SQM Australia PTY [Member] | The trust Company Australia Pty Ltd [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 11 | ||
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | SQM Australia PTY [Member] | Ausco Modular Pty Limited [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 15 | ||
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | SQM Australia PTY [Member] | Western Australian Land Authority [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 1,184 | ||
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | SQM Colombia S.A.S. [Member] | Mareauto Colombia S.A.S. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 6 | ||
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | SQM Colombia S.A.S. [Member] | Renting Colombia S.A. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 15 | ||
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | SQM Colombia S.A.S. [Member] | Renting Colombia S.a.One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 21 | ||
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | Orcoma Estudios SPA [Member] | Obispado de Iquique [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 10 | ||
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | Orcoma Estudios SPA [Member] | Comunidad Indgena Aymara Pueblo de Pisiga Choque [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 8 | ||
Lease Liabilities At Nominal Amount [Member] | Later than one year and not later than two years [member] | Orcoma Estudios SPA [Member] | Ruth del Carmen Cortez Maturana [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 8 | ||
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 14,332 | 11,207 | |
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | SQM Salar SA [Member] | Empresa Constructora Contex Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 540 | 0 | |
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | SQM Salar SA [Member] | Maquinarias Industriales Astudillo Hermanos Ltda. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 434 | ||
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | SQM Salar SA [Member] | Transportes Construccin y Servicios Cribach Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | SQM Salar SA [Member] | SKM Industrial Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 0 | |
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | SQM Salar SA [Member] | MaquinariasIndustrialesAstudilloHermanosLtda.One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 177 | ||
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | SQM Salar SA [Member] | Sociedad Inmobiliaria Amaru SpA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | SQM Salar SA [Member] | MaquinariasIndustrialesAstudilloHermanosLtda.Two [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 44 | ||
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | SQM Salar SA [Member] | Ameco Chile SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | SQM Industrial SA [Member] | El Trovador SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 5,594 | 5,594 | |
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | SQM Industrial SA [Member] | Sociedad Comercial Grandleasing Chile Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 420 | |
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | SQM Industrial SA [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | SQM Industrial SA [Member] | Technofast [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | SQM Nitratos SA [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | SQM S.A. [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | Soquimich Comercial S.A. [Member] | Containers Operators S A [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | Soquimich Comercial S.A. [Member] | SAAM Logistics SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | Soquimich Comercial S.A. [Member] | Muelles de Penco SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 0 | |
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | Soquimich Comercial S.A. [Member] | Muelles de Penco SA One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 0 | |
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | Soquimich Comercial S.A. [Member] | Inmobiliaria Chincui SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 1,883 | 1,883 | |
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | Soquimich Comercial S.A. [Member] | Compaa de Leasing Tattersall SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 116 | 0 | |
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | SQM North America Corp. [Member] | Paces West LL [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 752 | 730 | |
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | SQM North America Corp. [Member] | Hawkins Nunmber One LLC [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 90 | |
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | SQM North America Corp. [Member] | Deep South Equipment Company [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | SQM North America Corp. [Member] | TennantSouth [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Onni Ensenada SA de CV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 756 | 1,151 | |
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 0 | |
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 0 | |
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | SQM Europe N.V. [Member] | Straatsburgdok NV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 1,015 | 1,339 | |
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | SQM Australia PTY [Member] | The trust Company Australia Pty Ltd [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | SQM Australia PTY [Member] | Ausco Modular Pty Limited [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | SQM Australia PTY [Member] | Western Australian Land Authority [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 2,995 | ||
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | SQM Colombia S.A.S. [Member] | Mareauto Colombia S.A.S. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | SQM Colombia S.A.S. [Member] | Renting Colombia S.A. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | SQM Colombia S.A.S. [Member] | Renting Colombia S.a.One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | Orcoma Estudios SPA [Member] | Obispado de Iquique [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 14 | ||
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | Orcoma Estudios SPA [Member] | Comunidad Indgena Aymara Pueblo de Pisiga Choque [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than two years and not later than three years [member] | Orcoma Estudios SPA [Member] | Ruth del Carmen Cortez Maturana [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 12 | ||
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 29,080 | 7,165 | |
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | SQM Salar SA [Member] | Empresa Constructora Contex Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 0 | |
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | SQM Salar SA [Member] | Maquinarias Industriales Astudillo Hermanos Ltda. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | SQM Salar SA [Member] | Transportes Construccin y Servicios Cribach Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | SQM Salar SA [Member] | SKM Industrial Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 0 | |
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | SQM Salar SA [Member] | MaquinariasIndustrialesAstudilloHermanosLtda.One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | SQM Salar SA [Member] | Sociedad Inmobiliaria Amaru SpA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | SQM Salar SA [Member] | MaquinariasIndustrialesAstudilloHermanosLtda.Two [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | SQM Salar SA [Member] | Ameco Chile SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | SQM Industrial SA [Member] | El Trovador SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 4,040 | 5,905 | |
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | SQM Industrial SA [Member] | Sociedad Comercial Grandleasing Chile Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 0 | |
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | SQM Industrial SA [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | SQM Industrial SA [Member] | Technofast [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | SQM Nitratos SA [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | SQM S.A. [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | Soquimich Comercial S.A. [Member] | Containers Operators S A [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | Soquimich Comercial S.A. [Member] | SAAM Logistics SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | Soquimich Comercial S.A. [Member] | Muelles de Penco SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 0 | |
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | Soquimich Comercial S.A. [Member] | Muelles de Penco SA One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 0 | |
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | Soquimich Comercial S.A. [Member] | Inmobiliaria Chincui SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 261 | 889 | |
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | Soquimich Comercial S.A. [Member] | Compaa de Leasing Tattersall SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 0 | |
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | SQM North America Corp. [Member] | Paces West LL [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 258 | |
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | SQM North America Corp. [Member] | Hawkins Nunmber One LLC [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 0 | |
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | SQM North America Corp. [Member] | Deep South Equipment Company [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | SQM North America Corp. [Member] | TennantSouth [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Onni Ensenada SA de CV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 0 | |
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 0 | |
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 0 | |
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | SQM Europe N.V. [Member] | Straatsburgdok NV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 113 | |
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | SQM Australia PTY [Member] | The trust Company Australia Pty Ltd [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | SQM Australia PTY [Member] | Ausco Modular Pty Limited [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | SQM Australia PTY [Member] | Western Australian Land Authority [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 24,724 | ||
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | SQM Colombia S.A.S. [Member] | Mareauto Colombia S.A.S. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | SQM Colombia S.A.S. [Member] | Renting Colombia S.A. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | SQM Colombia S.A.S. [Member] | Renting Colombia S.a.One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | Orcoma Estudios SPA [Member] | Obispado de Iquique [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 41 | ||
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | Orcoma Estudios SPA [Member] | Comunidad Indgena Aymara Pueblo de Pisiga Choque [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Nominal Amount [Member] | Later than three years and not later than four years [member] | Orcoma Estudios SPA [Member] | Ruth del Carmen Cortez Maturana [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 14 | ||
Lease Liabilities At Amortized Cost Member [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 46,519 | 25,546 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | Empresa Constructora Contex Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 4,571 | 0 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | Maquinarias Industriales Astudillo Hermanos Ltda. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 1,180 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | Transportes Construccin y Servicios Cribach Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | SKM Industrial Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 330 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | MaquinariasIndustrialesAstudilloHermanosLtda.One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 539 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | Sociedad Inmobiliaria Amaru SpA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 97 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | MaquinariasIndustrialesAstudilloHermanosLtda.Two [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 100 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Salar SA [Member] | Ameco Chile SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Industrial SA [Member] | El Trovador SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 11,988 | 13,462 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Industrial SA [Member] | Sociedad Comercial Grandleasing Chile Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 1,115 | 1,796 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Industrial SA [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 209 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Industrial SA [Member] | Technofast [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Nitratos SA [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 129 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM S.A. [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 141 | ||
Lease Liabilities At Amortized Cost Member [Member] | Soquimich Comercial S.A. [Member] | Containers Operators S A [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Soquimich Comercial S.A. [Member] | SAAM Logistics SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Soquimich Comercial S.A. [Member] | Muelles de Penco SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 96 | 259 | |
Lease Liabilities At Amortized Cost Member [Member] | Soquimich Comercial S.A. [Member] | Muelles de Penco SA One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 103 | 278 | |
Lease Liabilities At Amortized Cost Member [Member] | Soquimich Comercial S.A. [Member] | Inmobiliaria Chincui SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 3,107 | 3,621 | |
Lease Liabilities At Amortized Cost Member [Member] | Soquimich Comercial S.A. [Member] | Compaa de Leasing Tattersall SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 559 | 0 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM North America Corp. [Member] | Paces West LL [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 1,117 | 1,298 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM North America Corp. [Member] | Hawkins Nunmber One LLC [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 217 | 338 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM North America Corp. [Member] | Deep South Equipment Company [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 6 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM North America Corp. [Member] | TennantSouth [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 3 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Onni Ensenada SA de CV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 1,444 | 1,783 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 63 | 133 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 23 | 48 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Europe N.V. [Member] | Straatsburgdok NV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 1,807 | 2,189 | |
Lease Liabilities At Amortized Cost Member [Member] | SQM Australia PTY [Member] | The trust Company Australia Pty Ltd [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 11 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Australia PTY [Member] | Ausco Modular Pty Limited [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 15 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Australia PTY [Member] | Western Australian Land Authority [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 17,770 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Colombia S.A.S. [Member] | Mareauto Colombia S.A.S. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 6 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Colombia S.A.S. [Member] | Renting Colombia S.A. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 15 | ||
Lease Liabilities At Amortized Cost Member [Member] | SQM Colombia S.A.S. [Member] | Renting Colombia S.a.One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 21 | ||
Lease Liabilities At Amortized Cost Member [Member] | Orcoma Estudios SPA [Member] | Obispado de Iquique [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 45 | ||
Lease Liabilities At Amortized Cost Member [Member] | Orcoma Estudios SPA [Member] | Comunidad Indgena Aymara Pueblo de Pisiga Choque [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 8 | ||
Lease Liabilities At Amortized Cost Member [Member] | Orcoma Estudios SPA [Member] | Ruth del Carmen Cortez Maturana [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 25 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 13,938 | 8,362 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | SQM Salar SA [Member] | Empresa Constructora Contex Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 4,036 | 0 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | SQM Salar SA [Member] | Maquinarias Industriales Astudillo Hermanos Ltda. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 754 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | SQM Salar SA [Member] | Transportes Construccin y Servicios Cribach Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | SQM Salar SA [Member] | SKM Industrial Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 330 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | SQM Salar SA [Member] | MaquinariasIndustrialesAstudilloHermanosLtda.One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 365 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | SQM Salar SA [Member] | Sociedad Inmobiliaria Amaru SpA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 97 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | SQM Salar SA [Member] | MaquinariasIndustrialesAstudilloHermanosLtda.Two [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 57 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | SQM Salar SA [Member] | Ameco Chile SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | SQM Industrial SA [Member] | El Trovador SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 3,086 | 2,993 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | SQM Industrial SA [Member] | Sociedad Comercial Grandleasing Chile Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 1,115 | 1,379 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | SQM Industrial SA [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 209 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | SQM Industrial SA [Member] | Technofast [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | SQM Nitratos SA [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 129 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | SQM S.A. [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 141 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | Soquimich Comercial S.A. [Member] | Containers Operators S A [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | Soquimich Comercial S.A. [Member] | SAAM Logistics SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | Soquimich Comercial S.A. [Member] | Muelles de Penco SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 96 | 163 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | Soquimich Comercial S.A. [Member] | Muelles de Penco SA One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 103 | 175 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | Soquimich Comercial S.A. [Member] | Inmobiliaria Chincui SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 1,082 | 1,047 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | Soquimich Comercial S.A. [Member] | Compaa de Leasing Tattersall SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 444 | 0 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | SQM North America Corp. [Member] | Paces West LL [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 403 | 377 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | SQM North America Corp. [Member] | Hawkins Nunmber One LLC [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 217 | 249 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | SQM North America Corp. [Member] | Deep South Equipment Company [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 6 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | SQM North America Corp. [Member] | TennantSouth [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 3 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Onni Ensenada SA de CV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 713 | 689 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 63 | 133 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 23 | 48 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | SQM Europe N.V. [Member] | Straatsburgdok NV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 807 | 768 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | SQM Australia PTY [Member] | The trust Company Australia Pty Ltd [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 11 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | SQM Australia PTY [Member] | Ausco Modular Pty Limited [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 15 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | SQM Australia PTY [Member] | Western Australian Land Authority [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 86 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | SQM Colombia S.A.S. [Member] | Mareauto Colombia S.A.S. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 6 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | SQM Colombia S.A.S. [Member] | Renting Colombia S.A. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 15 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | SQM Colombia S.A.S. [Member] | Renting Colombia S.a.One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 21 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | Orcoma Estudios SPA [Member] | Obispado de Iquique [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 5 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | Orcoma Estudios SPA [Member] | Comunidad Indgena Aymara Pueblo de Pisiga Choque [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 8 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than one year and not later than two years [member] | Orcoma Estudios SPA [Member] | Ruth del Carmen Cortez Maturana [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 5 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 11,663 | 10,329 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | SQM Salar SA [Member] | Empresa Constructora Contex Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 535 | 0 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | SQM Salar SA [Member] | Maquinarias Industriales Astudillo Hermanos Ltda. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 426 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | SQM Salar SA [Member] | Transportes Construccin y Servicios Cribach Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | SQM Salar SA [Member] | SKM Industrial Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 0 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | SQM Salar SA [Member] | MaquinariasIndustrialesAstudilloHermanosLtda.One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 174 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | SQM Salar SA [Member] | Sociedad Inmobiliaria Amaru SpA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | SQM Salar SA [Member] | MaquinariasIndustrialesAstudilloHermanosLtda.Two [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 43 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | SQM Salar SA [Member] | Ameco Chile SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | SQM Industrial SA [Member] | El Trovador SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 4,997 | 4,847 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | SQM Industrial SA [Member] | Sociedad Comercial Grandleasing Chile Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 417 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | SQM Industrial SA [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | SQM Industrial SA [Member] | Technofast [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | SQM Nitratos SA [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | SQM S.A. [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | Soquimich Comercial S.A. [Member] | Containers Operators S A [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | Soquimich Comercial S.A. [Member] | SAAM Logistics SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | Soquimich Comercial S.A. [Member] | Muelles de Penco SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 96 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | Soquimich Comercial S.A. [Member] | Muelles de Penco SA One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 103 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | Soquimich Comercial S.A. [Member] | Inmobiliaria Chincui SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 1,766 | 1,707 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | Soquimich Comercial S.A. [Member] | Compaa de Leasing Tattersall SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 115 | 0 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | SQM North America Corp. [Member] | Paces West LL [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 714 | 668 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | SQM North America Corp. [Member] | Hawkins Nunmber One LLC [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 89 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | SQM North America Corp. [Member] | Deep South Equipment Company [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | SQM North America Corp. [Member] | TennantSouth [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Onni Ensenada SA de CV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 731 | 1,094 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 0 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 0 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | SQM Europe N.V. [Member] | Straatsburgdok NV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 1,000 | 1,308 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | SQM Australia PTY [Member] | The trust Company Australia Pty Ltd [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | SQM Australia PTY [Member] | Ausco Modular Pty Limited [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | SQM Australia PTY [Member] | Western Australian Land Authority [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 1,146 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | SQM Colombia S.A.S. [Member] | Mareauto Colombia S.A.S. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | SQM Colombia S.A.S. [Member] | Renting Colombia S.A. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | SQM Colombia S.A.S. [Member] | Renting Colombia S.a.One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | Orcoma Estudios SPA [Member] | Obispado de Iquique [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 8 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | Orcoma Estudios SPA [Member] | Comunidad Indgena Aymara Pueblo de Pisiga Choque [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than two years and not later than three years [member] | Orcoma Estudios SPA [Member] | Ruth del Carmen Cortez Maturana [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 8 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 20,918 | 6,855 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | SQM Salar SA [Member] | Empresa Constructora Contex Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 0 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | SQM Salar SA [Member] | Maquinarias Industriales Astudillo Hermanos Ltda. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | SQM Salar SA [Member] | Transportes Construccin y Servicios Cribach Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | SQM Salar SA [Member] | SKM Industrial Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 0 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | SQM Salar SA [Member] | MaquinariasIndustrialesAstudilloHermanosLtda.One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | SQM Salar SA [Member] | Sociedad Inmobiliaria Amaru SpA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | SQM Salar SA [Member] | MaquinariasIndustrialesAstudilloHermanosLtda.Two [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | SQM Salar SA [Member] | Ameco Chile SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | SQM Industrial SA [Member] | El Trovador SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 3,905 | 5,622 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | SQM Industrial SA [Member] | Sociedad Comercial Grandleasing Chile Ltda [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 0 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | SQM Industrial SA [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | SQM Industrial SA [Member] | Technofast [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | SQM Nitratos SA [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | SQM S.A. [Member] | Jungheinrich Rentalif SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | Soquimich Comercial S.A. [Member] | Containers Operators S A [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | Soquimich Comercial S.A. [Member] | SAAM Logistics SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | Soquimich Comercial S.A. [Member] | Muelles de Penco SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 0 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | Soquimich Comercial S.A. [Member] | Muelles de Penco SA One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 0 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | Soquimich Comercial S.A. [Member] | Inmobiliaria Chincui SPA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 259 | 867 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | Soquimich Comercial S.A. [Member] | Compaa de Leasing Tattersall SA [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 0 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | SQM North America Corp. [Member] | Paces West LL [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 253 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | SQM North America Corp. [Member] | Hawkins Nunmber One LLC [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 0 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | SQM North America Corp. [Member] | Deep South Equipment Company [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | SQM North America Corp. [Member] | TennantSouth [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Onni Ensenada SA de CV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 0 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 0 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | SQM Comercial De Mexico S.A. de C.V. [Member] | Madol Inmobiliaria SA de CV One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 0 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | SQM Europe N.V. [Member] | Straatsburgdok NV [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | 113 | |
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | SQM Australia PTY [Member] | The trust Company Australia Pty Ltd [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | $ 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | SQM Australia PTY [Member] | Ausco Modular Pty Limited [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | SQM Australia PTY [Member] | Western Australian Land Authority [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 16,710 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | SQM Colombia S.A.S. [Member] | Mareauto Colombia S.A.S. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | SQM Colombia S.A.S. [Member] | Renting Colombia S.A. [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | SQM Colombia S.A.S. [Member] | Renting Colombia S.a.One [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | Orcoma Estudios SPA [Member] | Obispado de Iquique [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 32 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | Orcoma Estudios SPA [Member] | Comunidad Indgena Aymara Pueblo de Pisiga Choque [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | 0 | ||
Lease Liabilities At Amortized Cost Member [Member] | Later than three years and not later than four years [member] | Orcoma Estudios SPA [Member] | Ruth del Carmen Cortez Maturana [Member] | |||
Disclosure of quantitative information about right-of-use assets [line items] | |||
Non-current lease liabilities | $ 12 |
Right-of-use assets and Lease_8
Right-of-use assets and Lease liabilities (Details Textual) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2021 | Dec. 31, 2020 | |
Presentation of leases for lessee [abstract] | ||
Total lease expenses | $ 71,897 | $ 61,689 |
Expense relating to variable lease payments not included in measurement of lease liabilities | 1,313 | 1,117 |
Income from subleasing right-of-use assets | $ 146 | $ 176 |
Intangible assets and goodwil_2
Intangible assets and goodwill (Details 1) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Disclosure Of Intangible Assets And Goodwill [Line Items] | |||
Intangible assets other than goodwill | $ 179,658 | $ 178,407 | $ 188,358 |
Goodwill | 34,596 | 41,966 | 34,726 |
Total intangible assets and goodwill | $ 214,254 | $ 220,373 | 223,084 |
Computer software [member] | Finite intangible assets [Member] | |||
Disclosure Of Intangible Assets And Goodwill [Line Items] | |||
Useful life | Finite | Finite | |
Intangible assets other than goodwill | $ 3,447 | $ 4,826 | |
Total intangible assets and goodwill | $ 3,447 | $ 4,826 | 6,011 |
Mining rights [Member] | |||
Disclosure Of Intangible Assets And Goodwill [Line Items] | |||
Useful life | Unit-production method | ||
Mining rights [Member] | Finite intangible assets [Member] | |||
Disclosure Of Intangible Assets And Goodwill [Line Items] | |||
Useful life | Finite | Finite | |
Intangible assets other than goodwill | $ 149,532 | $ 150,046 | |
Total intangible assets and goodwill | $ 149,532 | $ 150,046 | 157,570 |
Water rights and rights of way [member] | Indeifinite Intangible assets [Member] | |||
Disclosure Of Intangible Assets And Goodwill [Line Items] | |||
Useful life | Indefinite | Indefinite | |
Intangible assets other than goodwill | $ 4,909 | $ 5,343 | |
Total intangible assets and goodwill | $ 4,909 | $ 5,343 | |
Water rights | Finite intangible assets [Member] | |||
Disclosure Of Intangible Assets And Goodwill [Line Items] | |||
Useful life | Finite | Finite | |
Intangible assets other than goodwill | $ 15,158 | $ 18,000 | |
Total intangible assets and goodwill | $ 15,158 | $ 18,000 | |
Customer-related intangible assets [member] | Finite intangible assets [Member] | |||
Disclosure Of Intangible Assets And Goodwill [Line Items] | |||
Useful life | Finite | Finite | |
Intangible assets other than goodwill | $ 0 | $ 0 | |
Total intangible assets and goodwill | $ 0 | 0 | 1,273 |
Intellectual property [Member] | Finite intangible assets [Member] | |||
Disclosure Of Intangible Assets And Goodwill [Line Items] | |||
Useful life | Finite | ||
Intangible assets other than goodwill | $ 6,481 | ||
Total intangible assets and goodwill | $ 6,481 | $ 0 | |
Other Intangible Assets [Member] | Finite intangible assets [Member] | |||
Disclosure Of Intangible Assets And Goodwill [Line Items] | |||
Useful life | Finite | Finite | |
Intangible assets other than goodwill | $ 131 | $ 192 | |
Total intangible assets and goodwill | 131 | 192 | $ 162 |
Goodwill [Member] | |||
Disclosure Of Intangible Assets And Goodwill [Line Items] | |||
Goodwill | $ 34,596 | $ 41,966 | |
Goodwill [Member] | Indeifinite Intangible assets [Member] | |||
Disclosure Of Intangible Assets And Goodwill [Line Items] | |||
Useful life | Indefinite | Indefinite |
Intangible assets and goodwil_3
Intangible assets and goodwill (Details 4) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2021 | Dec. 31, 2020 | |||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | $ 220,373 | $ 223,084 | ||
Additions | 649 | 10,255 | ||
Impairment losses recognized in profit or loss for the year | (478) | (1,798) | ||
Other increases / decreases for foreign currency exchange rates | 2,256 | 6 | ||
Transferred from available for sale | 16 | |||
Decreases through sale | 0 | (136) | ||
Other increases (decreases) | (188) | 309 | ||
Amortization | (8,374) | (11,347) | ||
Total increases (decreases) | (6,119) | (2,711) | ||
Closing balance | 214,254 | 220,373 | ||
Gross carrying amount [member] | ||||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | 270,753 | 260,317 | ||
Additions | 649 | 10,255 | ||
Impairment losses recognized in profit or loss for the year | 0 | 311 | ||
Other increases / decreases for foreign currency exchange rates | 2,254 | 6 | ||
Decrease for classification as held for sale | 0 | |||
Transferred from available for sale | 16 | |||
Decreases through sale | (136) | |||
Other increases (decreases) | (188) | |||
Total increases (decreases) | 2,731 | 10,436 | ||
Closing balance | 273,484 | 270,753 | ||
Accumulated depreciation and amortisation [member] | ||||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | (50,380) | (37,233) | ||
Impairment losses recognized in profit or loss for the year | (478) | [1] | (1,798) | |
Other increases / decreases for foreign currency exchange rates | 2 | 0 | ||
Other increases (decreases) | 0 | (2) | ||
Amortization | (8,374) | (11,347) | ||
Total increases (decreases) | (8,850) | (13,147) | ||
Closing balance | (59,230) | (50,380) | ||
Indeifinite Intangible assets [Member] | Goodwill [Member] | ||||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | 41,966 | 34,726 | ||
Additions | 0 | 7,380 | ||
Impairment losses recognized in profit or loss for the year | 0 | (140) | ||
Other increases / decreases for foreign currency exchange rates | 0 | 0 | ||
Transferred from available for sale | 0 | |||
Decreases through sale | 0 | 0 | ||
Other increases (decreases) | (7,370) | 0 | ||
Amortization | 0 | 0 | ||
Total increases (decreases) | (7,370) | 7,240 | ||
Closing balance | 34,596 | 41,966 | ||
Indeifinite Intangible assets [Member] | Gross carrying amount [member] | Goodwill [Member] | ||||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | 45,500 | 38,120 | ||
Additions | 0 | 7,380 | ||
Impairment losses recognized in profit or loss for the year | 0 | 0 | ||
Other increases / decreases for foreign currency exchange rates | 0 | 0 | ||
Decrease for classification as held for sale | 0 | |||
Transferred from available for sale | 0 | |||
Decreases through sale | 0 | |||
Other increases (decreases) | (7,370) | |||
Total increases (decreases) | (7,370) | 7,380 | ||
Closing balance | 38,130 | 45,500 | ||
Indeifinite Intangible assets [Member] | Accumulated depreciation and amortisation [member] | Goodwill [Member] | ||||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | (3,534) | (3,394) | ||
Impairment losses recognized in profit or loss for the year | 0 | [1] | (140) | |
Other increases / decreases for foreign currency exchange rates | 0 | 0 | ||
Other increases (decreases) | 0 | 0 | ||
Amortization | 0 | 0 | ||
Total increases (decreases) | 0 | (140) | ||
Closing balance | (3,534) | (3,534) | ||
IT programs [member] | Finite intangible assets [Member] | ||||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | 4,826 | 6,011 | ||
Additions | 296 | 508 | ||
Impairment losses recognized in profit or loss for the year | 0 | (14) | ||
Other increases / decreases for foreign currency exchange rates | (17) | 5 | ||
Transferred from available for sale | 0 | |||
Decreases through sale | 0 | 0 | ||
Other increases (decreases) | 58 | 297 | ||
Amortization | (1,716) | (1,981) | ||
Total increases (decreases) | (1,379) | (1,185) | ||
Closing balance | 3,447 | 4,826 | ||
IT programs [member] | Gross carrying amount [member] | Finite intangible assets [Member] | ||||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | 35,281 | 34,471 | ||
Additions | 296 | 508 | ||
Impairment losses recognized in profit or loss for the year | 0 | 297 | ||
Other increases / decreases for foreign currency exchange rates | (19) | 5 | ||
Decrease for classification as held for sale | 0 | |||
Transferred from available for sale | 0 | |||
Decreases through sale | 0 | |||
Other increases (decreases) | 58 | |||
Total increases (decreases) | 335 | 810 | ||
Closing balance | 35,616 | 35,281 | ||
IT programs [member] | Accumulated depreciation and amortisation [member] | Finite intangible assets [Member] | ||||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | (30,455) | (28,460) | ||
Impairment losses recognized in profit or loss for the year | 0 | [1] | (14) | |
Other increases / decreases for foreign currency exchange rates | 2 | 0 | ||
Other increases (decreases) | 0 | 0 | ||
Amortization | (1,716) | (1,981) | ||
Total increases (decreases) | (1,714) | (1,995) | ||
Closing balance | (32,169) | (30,455) | ||
Mining rights [Member] | Finite intangible assets [Member] | ||||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | 150,046 | 157,570 | ||
Additions | 344 | 2,295 | ||
Impairment losses recognized in profit or loss for the year | (48) | (654) | ||
Other increases / decreases for foreign currency exchange rates | 2,283 | 0 | ||
Transferred from available for sale | 16 | |||
Decreases through sale | 0 | (136) | ||
Other increases (decreases) | (246) | (2) | ||
Amortization | (2,863) | (9,027) | ||
Total increases (decreases) | (514) | (7,524) | ||
Closing balance | 149,532 | 150,046 | ||
Mining rights [Member] | Gross carrying amount [member] | Finite intangible assets [Member] | ||||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | 160,496 | 158,337 | ||
Additions | 344 | 2,295 | ||
Impairment losses recognized in profit or loss for the year | 0 | 0 | ||
Other increases / decreases for foreign currency exchange rates | 2,283 | 0 | ||
Decrease for classification as held for sale | 0 | |||
Transferred from available for sale | 16 | |||
Decreases through sale | (136) | |||
Other increases (decreases) | (246) | |||
Total increases (decreases) | 2,397 | 2,159 | ||
Closing balance | 162,893 | 160,496 | ||
Mining rights [Member] | Accumulated depreciation and amortisation [member] | Finite intangible assets [Member] | ||||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | (10,450) | (767) | ||
Impairment losses recognized in profit or loss for the year | (48) | [1] | (654) | |
Other increases / decreases for foreign currency exchange rates | 0 | 0 | ||
Other increases (decreases) | 0 | (2) | ||
Amortization | (2,863) | (9,027) | ||
Total increases (decreases) | (2,911) | (9,683) | ||
Closing balance | (13,361) | (10,450) | ||
Water rights and rights of way [member] | Indeifinite Intangible assets [Member] | ||||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | 5,343 | |||
Additions | 0 | |||
Impairment losses recognized in profit or loss for the year | (430) | |||
Other increases / decreases for foreign currency exchange rates | (4) | |||
Transferred from available for sale | 0 | |||
Decreases through sale | 0 | |||
Other increases (decreases) | 0 | |||
Amortization | 0 | |||
Total increases (decreases) | (434) | |||
Closing balance | 4,909 | 5,343 | ||
Water rights and rights of way [member] | Indeifinite Intangible assets [Member] | Gross carrying amount [member] | ||||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | 7,424 | |||
Additions | 0 | |||
Impairment losses recognized in profit or loss for the year | 0 | |||
Other increases / decreases for foreign currency exchange rates | (4) | |||
Decrease for classification as held for sale | 0 | |||
Transferred from available for sale | 0 | |||
Other increases (decreases) | 0 | |||
Total increases (decreases) | (4) | |||
Closing balance | 7,420 | 7,424 | ||
Water rights and rights of way [member] | Indeifinite Intangible assets [Member] | Accumulated depreciation and amortisation [member] | ||||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | (2,081) | |||
Impairment losses recognized in profit or loss for the year | [1] | (430) | ||
Other increases / decreases for foreign currency exchange rates | 0 | |||
Other increases (decreases) | 0 | |||
Amortization | 0 | |||
Total increases (decreases) | (430) | |||
Closing balance | (2,511) | (2,081) | ||
Water rights and rights of way [member] | Indeifinite Intangible assets [Member] | ||||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | 23,343 | 23,342 | ||
Additions | 0 | |||
Impairment losses recognized in profit or loss for the year | 0 | |||
Other increases / decreases for foreign currency exchange rates | 1 | |||
Decreases through sale | 0 | |||
Other increases (decreases) | 0 | |||
Amortization | 0 | |||
Total increases (decreases) | 1 | |||
Closing balance | 23,343 | |||
Water rights and rights of way [member] | Indeifinite Intangible assets [Member] | Gross carrying amount [member] | ||||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | 25,424 | 25,423 | ||
Additions | 0 | |||
Impairment losses recognized in profit or loss for the year | 0 | |||
Other increases / decreases for foreign currency exchange rates | 1 | |||
Decreases through sale | 0 | |||
Total increases (decreases) | 1 | |||
Closing balance | 25,424 | |||
Water rights and rights of way [member] | Indeifinite Intangible assets [Member] | Accumulated depreciation and amortisation [member] | ||||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | (2,081) | (2,081) | ||
Impairment losses recognized in profit or loss for the year | 0 | |||
Other increases / decreases for foreign currency exchange rates | 0 | |||
Other increases (decreases) | 0 | |||
Amortization | 0 | |||
Total increases (decreases) | 0 | |||
Closing balance | (2,081) | |||
Water rights | Finite intangible assets [Member] | ||||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | 18,000 | |||
Additions | 0 | |||
Impairment losses recognized in profit or loss for the year | 0 | |||
Other increases / decreases for foreign currency exchange rates | 0 | |||
Transferred from available for sale | 0 | |||
Decreases through sale | 0 | |||
Other increases (decreases) | 0 | |||
Amortization | (2,842) | |||
Total increases (decreases) | (2,842) | |||
Closing balance | 15,158 | 18,000 | ||
Water rights | Gross carrying amount [member] | Finite intangible assets [Member] | ||||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | 18,000 | |||
Additions | 0 | |||
Impairment losses recognized in profit or loss for the year | 0 | |||
Other increases / decreases for foreign currency exchange rates | 0 | |||
Decrease for classification as held for sale | 0 | |||
Transferred from available for sale | 0 | |||
Other increases (decreases) | 0 | |||
Total increases (decreases) | 0 | |||
Closing balance | 18,000 | 18,000 | ||
Water rights | Accumulated depreciation and amortisation [member] | Finite intangible assets [Member] | ||||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | 0 | |||
Impairment losses recognized in profit or loss for the year | [1] | 0 | ||
Other increases / decreases for foreign currency exchange rates | 0 | |||
Other increases (decreases) | 0 | |||
Amortization | (2,842) | |||
Total increases (decreases) | (2,842) | |||
Closing balance | (2,842) | 0 | ||
Customer-related intangible assets [member] | Finite intangible assets [Member] | ||||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | 0 | 1,273 | ||
Additions | 0 | 0 | ||
Impairment losses recognized in profit or loss for the year | 0 | (990) | ||
Other increases / decreases for foreign currency exchange rates | 0 | 0 | ||
Transferred from available for sale | 0 | |||
Decreases through sale | 0 | 0 | ||
Other increases (decreases) | 0 | 0 | ||
Amortization | 0 | (283) | ||
Total increases (decreases) | 0 | (1,273) | ||
Closing balance | 0 | 0 | ||
Customer-related intangible assets [member] | Gross carrying amount [member] | Finite intangible assets [Member] | ||||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | 1,778 | 1,778 | ||
Additions | 0 | 0 | ||
Impairment losses recognized in profit or loss for the year | 0 | 0 | ||
Other increases / decreases for foreign currency exchange rates | 0 | 0 | ||
Decrease for classification as held for sale | 0 | |||
Transferred from available for sale | 0 | |||
Decreases through sale | 0 | |||
Other increases (decreases) | 0 | |||
Total increases (decreases) | 0 | 0 | ||
Closing balance | 1,778 | 1,778 | ||
Customer-related intangible assets [member] | Accumulated depreciation and amortisation [member] | Finite intangible assets [Member] | ||||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | (1,778) | (505) | ||
Impairment losses recognized in profit or loss for the year | 0 | [1] | (990) | |
Other increases / decreases for foreign currency exchange rates | 0 | 0 | ||
Other increases (decreases) | 0 | 0 | ||
Amortization | 0 | (283) | ||
Total increases (decreases) | 0 | (1,273) | ||
Closing balance | (1,778) | (1,778) | ||
Intellectual property [Member] | Finite intangible assets [Member] | ||||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | 0 | |||
Additions | 0 | |||
Impairment losses recognized in profit or loss for the year | 0 | |||
Other increases / decreases for foreign currency exchange rates | 0 | |||
Transferred from available for sale | 0 | |||
Decreases through sale | 0 | |||
Other increases (decreases) | 7,370 | |||
Amortization | (889) | |||
Total increases (decreases) | 6,481 | |||
Closing balance | 6,481 | 0 | ||
Intellectual property [Member] | Gross carrying amount [member] | Finite intangible assets [Member] | ||||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | 0 | |||
Additions | 0 | |||
Impairment losses recognized in profit or loss for the year | 0 | |||
Other increases / decreases for foreign currency exchange rates | 0 | |||
Decrease for classification as held for sale | 0 | |||
Transferred from available for sale | 0 | |||
Other increases (decreases) | 7,370 | |||
Total increases (decreases) | 7,370 | |||
Closing balance | 7,370 | 0 | ||
Intellectual property [Member] | Accumulated depreciation and amortisation [member] | Finite intangible assets [Member] | ||||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | 0 | |||
Impairment losses recognized in profit or loss for the year | [1] | 0 | ||
Other increases / decreases for foreign currency exchange rates | 0 | |||
Other increases (decreases) | 0 | |||
Amortization | (889) | |||
Total increases (decreases) | (889) | |||
Closing balance | (889) | 0 | ||
Other Intangible Assets [Member] | Finite intangible assets [Member] | ||||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | 192 | 162 | ||
Additions | 9 | 72 | ||
Impairment losses recognized in profit or loss for the year | 0 | 0 | ||
Other increases / decreases for foreign currency exchange rates | (6) | 0 | ||
Transferred from available for sale | 0 | |||
Decreases through sale | 0 | 0 | ||
Other increases (decreases) | 0 | 14 | ||
Amortization | (64) | (56) | ||
Total increases (decreases) | (61) | 30 | ||
Closing balance | 131 | 192 | ||
Other Intangible Assets [Member] | Gross carrying amount [member] | Finite intangible assets [Member] | ||||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | 2,274 | 2,188 | ||
Additions | 9 | 72 | ||
Impairment losses recognized in profit or loss for the year | 0 | 14 | ||
Other increases / decreases for foreign currency exchange rates | (6) | 0 | ||
Decrease for classification as held for sale | 0 | |||
Transferred from available for sale | 0 | |||
Decreases through sale | 0 | |||
Other increases (decreases) | 0 | |||
Total increases (decreases) | 3 | 86 | ||
Closing balance | 2,277 | 2,274 | ||
Other Intangible Assets [Member] | Accumulated depreciation and amortisation [member] | Finite intangible assets [Member] | ||||
Disclosure Of Intangible Assets And Goodwill [Line Items] | ||||
Opening balance | (2,082) | (2,026) | ||
Impairment losses recognized in profit or loss for the year | 0 | [1] | 0 | |
Other increases / decreases for foreign currency exchange rates | 0 | 0 | ||
Other increases (decreases) | 0 | 0 | ||
Amortization | (64) | (56) | ||
Total increases (decreases) | (64) | (56) | ||
Closing balance | $ (2,146) | $ (2,082) | ||
[1] | See Note 21.5 |
Intangible assets and goodwil_4
Intangible assets and goodwill (Details 5) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2021 | Dec. 31, 2020 | |||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill Begining Balance | $ 41,966 | $ 34,726 | ||
Additional | 0 | 7,380 | ||
Impairment losses | 0 | (140) | ||
Total increase (decrease) | (7,370) | 7,240 | ||
Goodwill Ending Balance | 34,596 | 41,966 | ||
Gross carrying amount [member] | ||||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill Begining Balance | 45,500 | 38,120 | ||
Additional | 0 | 7,380 | ||
Impairment losses | 0 | 0 | ||
Total increase (decrease) | (7,370) | 7,380 | ||
Goodwill Ending Balance | 38,130 | 45,500 | ||
Accumulated impairment [member] | ||||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill Begining Balance | (3,534) | (3,394) | ||
Additional | 0 | 0 | ||
Impairment losses | 0 | (140) | ||
Total increase (decrease) | 0 | (140) | ||
Goodwill Ending Balance | (3,534) | (3,534) | ||
SQM Industrial SA [Member] | ||||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill Begining Balance | 0 | 0 | ||
Additional | 0 | 0 | ||
Impairment losses | 0 | 0 | ||
Total increase (decrease) | 0 | 0 | ||
Goodwill Ending Balance | 0 | 0 | ||
SQM Industrial SA [Member] | Gross carrying amount [member] | ||||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill Begining Balance | 3,214 | 3,214 | ||
Additional | 0 | 0 | ||
Impairment losses | 0 | 0 | ||
Total increase (decrease) | 0 | 0 | ||
Goodwill Ending Balance | 3,214 | 3,214 | ||
SQM Industrial SA [Member] | Accumulated impairment [member] | ||||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill Begining Balance | (3,214) | (3,214) | ||
Additional | 0 | 0 | ||
Impairment losses | 0 | 0 | ||
Total increase (decrease) | 0 | 0 | ||
Goodwill Ending Balance | (3,214) | (3,214) | ||
SQM S.A [Member] | ||||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill Begining Balance | 22,255 | 22,255 | ||
Additional | 0 | 0 | ||
Impairment losses | 0 | 0 | ||
Total increase (decrease) | 0 | 0 | ||
Goodwill Ending Balance | 22,255 | 22,255 | ||
SQM S.A [Member] | Gross carrying amount [member] | ||||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill Begining Balance | 22,255 | 22,255 | ||
Additional | 0 | 0 | ||
Impairment losses | 0 | 0 | ||
Total increase (decrease) | 0 | 0 | ||
Goodwill Ending Balance | 22,255 | 22,255 | ||
SQM S.A [Member] | Accumulated impairment [member] | ||||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill Begining Balance | 0 | 0 | ||
Additional | 0 | 0 | ||
Impairment losses | 0 | 0 | ||
Total increase (decrease) | 0 | 0 | ||
Goodwill Ending Balance | 0 | 0 | ||
SQM Iberian S.A. [Member] | ||||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill Begining Balance | 148 | 148 | ||
Additional | 0 | 0 | ||
Impairment losses | 0 | 0 | ||
Total increase (decrease) | 0 | 0 | ||
Goodwill Ending Balance | 148 | 148 | ||
SQM Iberian S.A. [Member] | Gross carrying amount [member] | ||||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill Begining Balance | 148 | 148 | ||
Additional | 0 | 0 | ||
Impairment losses | 0 | 0 | ||
Total increase (decrease) | 0 | 0 | ||
Goodwill Ending Balance | 148 | 148 | ||
SQM Iberian S.A. [Member] | Accumulated impairment [member] | ||||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill Begining Balance | 0 | 0 | ||
Additional | 0 | 0 | ||
Impairment losses | 0 | 0 | ||
Total increase (decrease) | 0 | 0 | ||
Goodwill Ending Balance | 0 | 0 | ||
SQM Investment Corporation N.V. [Member] | ||||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill Begining Balance | 86 | 86 | ||
Additional | 0 | 0 | ||
Impairment losses | 0 | 0 | ||
Total increase (decrease) | 0 | 0 | ||
Goodwill Ending Balance | 86 | 86 | ||
SQM Investment Corporation N.V. [Member] | Gross carrying amount [member] | ||||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill Begining Balance | 86 | 86 | ||
Additional | 0 | 0 | ||
Impairment losses | 0 | 0 | ||
Total increase (decrease) | 0 | 0 | ||
Goodwill Ending Balance | 86 | 86 | ||
SQM Investment Corporation N.V. [Member] | Accumulated impairment [member] | ||||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill Begining Balance | 0 | 0 | ||
Additional | 0 | 0 | ||
Impairment losses | 0 | 0 | ||
Total increase (decrease) | 0 | 0 | ||
Goodwill Ending Balance | 0 | 0 | ||
Soquimich Comercial S.A. [Member] | ||||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill Begining Balance | 0 | 140 | ||
Additional | 0 | 0 | ||
Impairment losses | 0 | (140) | ||
Total increase (decrease) | 0 | (140) | ||
Goodwill Ending Balance | 0 | 0 | ||
Soquimich Comercial S.A. [Member] | Gross carrying amount [member] | ||||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill Begining Balance | 320 | 320 | ||
Additional | 0 | 0 | ||
Impairment losses | 0 | 0 | ||
Total increase (decrease) | 0 | 0 | ||
Goodwill Ending Balance | 320 | 320 | ||
Soquimich Comercial S.A. [Member] | Accumulated impairment [member] | ||||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill Begining Balance | (320) | (180) | ||
Additional | 0 | 0 | ||
Impairment losses | 0 | (140) | ||
Total increase (decrease) | 0 | (140) | ||
Goodwill Ending Balance | (320) | (320) | ||
Soquimich European Holding B.V. [Member] | ||||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill Begining Balance | 11,383 | 11,373 | ||
Additional | 0 | 10 | ||
Impairment losses | 0 | 0 | ||
Total increase (decrease) | 0 | 10 | ||
Goodwill Ending Balance | 11,383 | 11,383 | ||
Soquimich European Holding B.V. [Member] | Gross carrying amount [member] | ||||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill Begining Balance | 11,383 | 11,373 | ||
Additional | 0 | 10 | ||
Impairment losses | 0 | 0 | ||
Total increase (decrease) | 0 | 10 | ||
Goodwill Ending Balance | 11,383 | 11,383 | ||
Soquimich European Holding B.V. [Member] | Accumulated impairment [member] | ||||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill Begining Balance | 0 | 0 | ||
Additional | 0 | 0 | ||
Impairment losses | 0 | 0 | ||
Total increase (decrease) | 0 | 0 | ||
Goodwill Ending Balance | 0 | 0 | ||
SQM Holland B.V. [Member] | ||||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill Begining Balance | 7,370 | 0 | ||
Additional | 0 | 7,370 | ||
Impairment losses | 0 | 0 | ||
Total increase (decrease) | (7,370) | 7,370 | ||
Goodwill Ending Balance | 0 | 7,370 | ||
SQM Holland B.V. [Member] | Gross carrying amount [member] | ||||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill Begining Balance | 7,370 | [1] | 0 | |
Additional | 0 | [1] | 7,370 | |
Impairment losses | 0 | [1] | 0 | |
Total increase (decrease) | (7,370) | [1] | 7,370 | |
Goodwill Ending Balance | [1] | 0 | 7,370 | |
SQM Holland B.V. [Member] | Accumulated impairment [member] | ||||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill Begining Balance | 0 | 0 | ||
Additional | 0 | 0 | ||
Impairment losses | 0 | 0 | ||
Total increase (decrease) | 0 | 0 | ||
Goodwill Ending Balance | 0 | 0 | ||
SQM Potasio SA [Member] | ||||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill Begining Balance | 724 | 724 | ||
Additional | 0 | 0 | ||
Impairment losses | 0 | 0 | ||
Total increase (decrease) | 0 | 0 | ||
Goodwill Ending Balance | 724 | 724 | ||
SQM Potasio SA [Member] | Gross carrying amount [member] | ||||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill Begining Balance | 724 | 724 | ||
Additional | 0 | 0 | ||
Impairment losses | 0 | 0 | ||
Total increase (decrease) | 0 | 0 | ||
Goodwill Ending Balance | 724 | 724 | ||
SQM Potasio SA [Member] | Accumulated impairment [member] | ||||
Disclosure of reconciliation of changes in goodwill [line items] | ||||
Goodwill Begining Balance | 0 | 0 | ||
Additional | 0 | 0 | ||
Impairment losses | 0 | 0 | ||
Total increase (decrease) | 0 | 0 | ||
Goodwill Ending Balance | $ 0 | $ 0 | ||
[1] | The measurement of assets and liabilities related to the acquisition of the WNSPK (see Note 7) was completed in 2021 and as a result, Th$7,370 was identified as intellectual property and reclassified from goodwill accordingly. |
Intangible assets and goodwil_5
Intangible assets and goodwill (Details Textual) $ in Thousands | 12 Months Ended |
Dec. 31, 2021USD ($) | |
Disclosure Of Intangible Assets And Goodwill [Line Items] | |
Goodwill derecognised without having previously been included in disposal group classified as held for sale | $ 7,370 |
Property, plant and equipment_2
Property, plant and equipment (Details) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 |
Property, plant and equipments [Abstract] | |||
Land | $ 23,507 | $ 23,579 | |
Buildings | 270,563 | 239,666 | |
Other property, plant and equipment | 32,846 | 35,418 | |
Transport equipment | 2,463 | 2,880 | |
Suppliers and accessories | 5,556 | 4,183 | |
Office equipment | 1,386 | 459 | |
Network and communication equipment | 1,359 | 1,272 | |
Mining assets | 38,241 | 47,052 | |
IT equipment | 3,570 | 4,083 | |
Energy generating assets | 3,970 | 4,878 | |
Construction in progress | 731,787 | 486,345 | |
Machinery, plant and equipment | 896,977 | 887,504 | |
Total | 2,012,225 | 1,737,319 | $ 1,569,906 |
Description of classes of property, plant and equipment [Abstract] | |||
Pumps | 28,889 | 28,184 | |
Conveyor belt | 18,294 | 20,117 | |
Crystallizer | 20,189 | 22,145 | |
Plant equipment | 168,370 | 173,335 | |
Water tanks | 22,358 | 15,367 | |
Filter | 41,438 | 35,553 | |
Facilities or electrical equipment | 97,594 | 93,937 | |
Other machinery, plant and equipment | 71,150 | 49,930 | |
Site Closure | 34,248 | 36,828 | |
Piping | 106,317 | 102,578 | |
Pond | 42,547 | 41,906 | |
Well | 202,982 | 226,347 | |
Parts | 42,601 | 41,277 | |
Total | 896,977 | 887,504 | |
Gross carrying amount [member] | |||
Property, plant and equipments [Abstract] | |||
Land | 23,507 | 23,579 | |
Buildings | 767,096 | 705,089 | |
Other property, plant and equipment | 239,582 | 234,238 | |
Transport equipment | 13,357 | 13,030 | |
Suppliers and accessories | 28,786 | 26,101 | |
Office equipment | 12,943 | 11,607 | |
Network and communication equipment | 9,577 | 8,951 | |
Mining assets | 195,889 | 194,562 | |
IT equipment | 30,456 | 29,629 | |
Energy generating assets | 38,540 | 38,540 | |
Construction in progress | 731,787 | 486,345 | |
Machinery, plant and equipment | 3,464,881 | 3,304,061 | |
Total | 5,556,401 | 5,075,732 | 4,750,602 |
Description of classes of property, plant and equipment [Abstract] | |||
Total | 3,464,881 | 3,304,061 | |
Accumulated depreciation and amortisation [member] | |||
Property, plant and equipments [Abstract] | |||
Buildings | (496,533) | (465,423) | |
Other property, plant and equipment | (206,736) | (198,820) | |
Transport equipment | (10,894) | (10,150) | |
Suppliers and accessories | (23,230) | (21,918) | |
Office equipment | (11,557) | (11,148) | |
Network and communication equipment | (8,218) | (7,679) | |
Mining assets | (157,648) | (147,510) | |
IT equipment | (26,886) | (25,546) | |
Energy generating assets | (34,570) | (33,662) | |
Machinery, plant and equipment | (2,567,904) | (2,416,557) | |
Total | (3,544,176) | (3,338,413) | $ (3,180,696) |
Description of classes of property, plant and equipment [Abstract] | |||
Total | $ (2,567,904) | $ (2,416,557) |
Property, plant and equipment_3
Property, plant and equipment (Parenthetical) (Details) - Spare Parts [Member] - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | $ 42,881 | $ 39,265 |
Increase in provisions | 5,381 | 3,616 |
Ending balance | $ 48,262 | $ 42,881 |
Property, plant and equipment_4
Property, plant and equipment (Details 1) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | $ 1,737,319 | $ 1,569,906 |
Changes | ||
Additions | 471,533 | 322,225 |
Disposals | 0 | (1) |
Depreciation expense | (195,678) | (181,884) |
Impairment | (5,582) | |
Deterioration | (9,563) | |
Increase (decrease) in foreign currency translation difference | (223) | 78 |
Reclassifications | 0 | 0 |
Other increases (decreases) | 4,856 | 36,594 |
Decreases for classification as held for sale | 0 | (36) |
Total changes | 274,906 | 167,413 |
Closing balance | 2,012,225 | 1,737,319 |
Land [Member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | 23,579 | 23,620 |
Changes | ||
Additions | 0 | 0 |
Disposals | 0 | 0 |
Depreciation expense | 0 | 0 |
Deterioration | 0 | 0 |
Increase (decrease) in foreign currency translation difference | (72) | 22 |
Reclassifications | 0 | 0 |
Other increases (decreases) | 0 | (27) |
Decreases for classification as held for sale | 0 | (36) |
Total changes | (72) | (41) |
Closing balance | 23,507 | 23,579 |
Buildings [member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | 239,666 | 227,173 |
Changes | ||
Additions | 0 | 838 |
Disposals | 0 | 0 |
Depreciation expense | (30,872) | (26,779) |
Deterioration | (456) | (23) |
Increase (decrease) in foreign currency translation difference | (80) | 29 |
Reclassifications | 62,291 | 32,179 |
Other increases (decreases) | 14 | 6,249 |
Decreases for classification as held for sale | 0 | 0 |
Total changes | 30,897 | 12,493 |
Closing balance | 270,563 | 239,666 |
Other property, plant and equipment [member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | 35,418 | 32,645 |
Changes | ||
Additions | 346 | 278 |
Disposals | 0 | 0 |
Depreciation expense | (7,848) | (7,284) |
Deterioration | (75) | (21) |
Increase (decrease) in foreign currency translation difference | (1) | 0 |
Reclassifications | 5,008 | 9,940 |
Other increases (decreases) | (2) | (140) |
Decreases for classification as held for sale | 0 | 0 |
Total changes | (2,572) | 2,773 |
Closing balance | 32,846 | 35,418 |
Transport equipment [Member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | 2,880 | 2,686 |
Changes | ||
Additions | 0 | 0 |
Disposals | 0 | 0 |
Depreciation expense | (759) | (692) |
Deterioration | 0 | 0 |
Increase (decrease) in foreign currency translation difference | 0 | 0 |
Reclassifications | 354 | 886 |
Other increases (decreases) | (12) | 0 |
Decreases for classification as held for sale | 0 | 0 |
Total changes | (417) | 194 |
Closing balance | 2,463 | 2,880 |
Supplies and accessoies [Member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | 4,183 | 4,579 |
Changes | ||
Additions | 0 | 82 |
Disposals | 0 | 0 |
Depreciation expense | (1,384) | (966) |
Deterioration | (16) | 0 |
Increase (decrease) in foreign currency translation difference | 0 | 1 |
Reclassifications | 2,773 | 488 |
Other increases (decreases) | 0 | (1) |
Decreases for classification as held for sale | 0 | 0 |
Total changes | 1,373 | (396) |
Closing balance | 5,556 | 4,183 |
Equipment Office [Member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | 459 | 420 |
Changes | ||
Additions | 29 | 33 |
Disposals | 0 | 0 |
Depreciation expense | (383) | (126) |
Deterioration | (8) | 0 |
Increase (decrease) in foreign currency translation difference | (1) | (1) |
Reclassifications | 1,290 | 133 |
Other increases (decreases) | 0 | 0 |
Decreases for classification as held for sale | 0 | 0 |
Total changes | 927 | 39 |
Closing balance | 1,386 | 459 |
Network and communication equipment | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | 1,272 | 663 |
Changes | ||
Additions | 58 | 386 |
Disposals | 0 | 0 |
Depreciation expense | (539) | (335) |
Deterioration | 0 | 0 |
Increase (decrease) in foreign currency translation difference | 0 | 0 |
Reclassifications | 553 | 558 |
Other increases (decreases) | 15 | 0 |
Decreases for classification as held for sale | 0 | 0 |
Total changes | 87 | 609 |
Closing balance | 1,359 | 1,272 |
Mining assets [member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | 47,052 | 23,174 |
Changes | ||
Additions | 0 | 0 |
Disposals | 0 | 0 |
Depreciation expense | (10,138) | (9,065) |
Deterioration | 0 | 0 |
Increase (decrease) in foreign currency translation difference | 0 | 0 |
Reclassifications | 1,327 | 32,943 |
Other increases (decreases) | 0 | 0 |
Decreases for classification as held for sale | 0 | 0 |
Total changes | (8,811) | 23,878 |
Closing balance | 38,241 | 47,052 |
Network infrastructure [member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | 4,083 | 4,359 |
Changes | ||
Additions | 232 | 429 |
Disposals | 0 | 0 |
Depreciation expense | (1,387) | (1,242) |
Deterioration | (8) | (12) |
Increase (decrease) in foreign currency translation difference | 0 | 2 |
Reclassifications | 557 | 548 |
Other increases (decreases) | 93 | (1) |
Decreases for classification as held for sale | 0 | 0 |
Total changes | (513) | (276) |
Closing balance | 3,570 | 4,083 |
Power generating assets [member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | 4,878 | 5,998 |
Changes | ||
Additions | 0 | 0 |
Disposals | 0 | 0 |
Depreciation expense | (908) | (1,165) |
Deterioration | 0 | 0 |
Increase (decrease) in foreign currency translation difference | 0 | 0 |
Reclassifications | 0 | 45 |
Other increases (decreases) | 0 | 0 |
Decreases for classification as held for sale | 0 | 0 |
Total changes | (908) | (1,120) |
Closing balance | 3,970 | 4,878 |
Construction in Progress [Member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | 486,345 | 375,316 |
Changes | ||
Additions | 470,112 | 319,192 |
Disposals | 0 | 0 |
Depreciation expense | 0 | 0 |
Impairment | 0 | |
Deterioration | 0 | |
Increase (decrease) in foreign currency translation difference | 0 | 0 |
Reclassifications | (224,945) | (203,412) |
Other increases (decreases) | 275 | (4,751) |
Decreases for classification as held for sale | 0 | 0 |
Total changes | 245,442 | 111,029 |
Closing balance | 731,787 | 486,345 |
Machinery, plant and equipment | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | 887,504 | 869,273 |
Changes | ||
Additions | 756 | 987 |
Disposals | 0 | (1) |
Depreciation expense | (141,460) | (134,230) |
Impairment | (5,019) | |
Deterioration | (9,507) | |
Increase (decrease) in foreign currency translation difference | (69) | 25 |
Reclassifications | 150,792 | 125,692 |
Other increases (decreases) | 4,473 | 35,265 |
Decreases for classification as held for sale | 0 | 0 |
Total changes | 9,473 | 18,231 |
Closing balance | 887,504 | |
Gross carrying amount [member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | 5,075,732 | 4,750,602 |
Changes | ||
Additions | 471,533 | 322,225 |
Disposals | 0 | (33,198) |
Increase (decrease) in foreign currency translation difference | (427) | 144 |
Reclassifications | 4,890 | 0 |
Other increases (decreases) | 4,673 | 35,995 |
Decreases for classification as held for sale | 0 | (36) |
Total changes | 480,669 | 325,130 |
Closing balance | 5,556,401 | 5,075,732 |
Gross carrying amount [member] | Land [Member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | 23,579 | 23,620 |
Changes | ||
Additions | 0 | 0 |
Disposals | 0 | 0 |
Increase (decrease) in foreign currency translation difference | (72) | 22 |
Reclassifications | 0 | 0 |
Other increases (decreases) | 0 | (27) |
Decreases for classification as held for sale | 0 | (36) |
Total changes | (72) | (41) |
Closing balance | 23,507 | 23,579 |
Gross carrying amount [member] | Buildings [member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | 705,089 | 666,027 |
Changes | ||
Additions | 0 | 838 |
Disposals | 0 | 0 |
Increase (decrease) in foreign currency translation difference | (152) | 49 |
Reclassifications | 62,185 | 32,179 |
Other increases (decreases) | (26) | 5,996 |
Decreases for classification as held for sale | 0 | 0 |
Total changes | 62,007 | 39,062 |
Closing balance | 767,096 | 705,089 |
Gross carrying amount [member] | Other property, plant and equipment [member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | 234,238 | 257,247 |
Changes | ||
Additions | 346 | 278 |
Disposals | 0 | (33,048) |
Increase (decrease) in foreign currency translation difference | (8) | 2 |
Reclassifications | 5,009 | 9,940 |
Other increases (decreases) | (3) | (181) |
Decreases for classification as held for sale | 0 | 0 |
Total changes | 5,344 | (23,009) |
Closing balance | 239,582 | 234,238 |
Gross carrying amount [member] | Transport equipment [Member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | 13,030 | 12,143 |
Changes | ||
Additions | 0 | 0 |
Disposals | 0 | 0 |
Increase (decrease) in foreign currency translation difference | (3) | 1 |
Reclassifications | 342 | 886 |
Other increases (decreases) | (12) | 0 |
Decreases for classification as held for sale | 0 | 0 |
Total changes | 327 | 887 |
Closing balance | 13,357 | 13,030 |
Gross carrying amount [member] | Supplies and accessoies [Member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | 26,101 | 25,531 |
Changes | ||
Additions | 0 | 82 |
Disposals | 0 | (1) |
Increase (decrease) in foreign currency translation difference | (14) | 5 |
Reclassifications | 2,699 | 488 |
Other increases (decreases) | 0 | (4) |
Decreases for classification as held for sale | 0 | 0 |
Total changes | 2,685 | 570 |
Closing balance | 28,786 | 26,101 |
Gross carrying amount [member] | Equipment Office [Member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | 11,607 | 11,441 |
Changes | ||
Additions | 29 | 33 |
Disposals | 0 | 0 |
Increase (decrease) in foreign currency translation difference | (3) | 0 |
Reclassifications | 1,310 | 133 |
Other increases (decreases) | 0 | 0 |
Decreases for classification as held for sale | 0 | 0 |
Total changes | 1,336 | 166 |
Closing balance | 12,943 | 11,607 |
Gross carrying amount [member] | Network and communication equipment | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | 8,951 | 8,009 |
Changes | ||
Additions | 58 | 386 |
Disposals | 0 | 0 |
Increase (decrease) in foreign currency translation difference | 0 | 0 |
Reclassifications | 553 | 558 |
Other increases (decreases) | 15 | (2) |
Decreases for classification as held for sale | 0 | 0 |
Total changes | 626 | 942 |
Closing balance | 9,577 | 8,951 |
Gross carrying amount [member] | Mining assets [member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | 194,562 | 161,619 |
Changes | ||
Additions | 0 | 0 |
Disposals | 0 | 0 |
Increase (decrease) in foreign currency translation difference | 0 | 0 |
Reclassifications | 1,327 | 32,943 |
Other increases (decreases) | 0 | 0 |
Decreases for classification as held for sale | 0 | 0 |
Total changes | 1,327 | 32,943 |
Closing balance | 195,889 | 194,562 |
Gross carrying amount [member] | Network infrastructure [member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | 29,629 | 28,693 |
Changes | ||
Additions | 232 | 429 |
Disposals | 0 | 0 |
Increase (decrease) in foreign currency translation difference | (9) | 12 |
Reclassifications | 510 | 548 |
Other increases (decreases) | 94 | (53) |
Decreases for classification as held for sale | 0 | 0 |
Total changes | 827 | 936 |
Closing balance | 30,456 | 29,629 |
Gross carrying amount [member] | Power generating assets [member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | 38,540 | 38,495 |
Changes | ||
Additions | 0 | 0 |
Disposals | 0 | 0 |
Increase (decrease) in foreign currency translation difference | 0 | 0 |
Reclassifications | 0 | 45 |
Other increases (decreases) | 0 | 0 |
Decreases for classification as held for sale | 0 | 0 |
Total changes | 0 | 45 |
Closing balance | 38,540 | 38,540 |
Gross carrying amount [member] | Construction in Progress [Member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | 486,345 | 375,316 |
Changes | ||
Additions | 470,112 | 319,192 |
Disposals | 0 | 0 |
Increase (decrease) in foreign currency translation difference | 0 | 0 |
Reclassifications | (224,945) | (203,412) |
Other increases (decreases) | 275 | (4,751) |
Decreases for classification as held for sale | 0 | 0 |
Total changes | 245,442 | 111,029 |
Closing balance | 731,787 | 486,345 |
Gross carrying amount [member] | Machinery, plant and equipment | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | 3,304,061 | 3,142,461 |
Changes | ||
Additions | 756 | 987 |
Disposals | 0 | (149) |
Increase (decrease) in foreign currency translation difference | (166) | 53 |
Reclassifications | 155,900 | 125,692 |
Other increases (decreases) | 4,330 | 35,017 |
Decreases for classification as held for sale | 0 | 0 |
Total changes | 160,820 | 161,600 |
Closing balance | 3,464,881 | 3,304,061 |
Accumulated depreciation and amortisation [member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | (3,338,413) | (3,180,696) |
Changes | ||
Disposals | 0 | 33,197 |
Depreciation expense | (195,678) | (181,884) |
Impairment | (5,582) | (9,563) |
Increase (decrease) in foreign currency translation difference | 204 | (66) |
Reclassifications | (4,890) | 0 |
Other increases (decreases) | 183 | 599 |
Decreases for classification as held for sale | 0 | 0 |
Total changes | (205,763) | (157,717) |
Closing balance | (3,544,176) | (3,338,413) |
Accumulated depreciation and amortisation [member] | Land [Member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | 0 | 0 |
Changes | ||
Disposals | 0 | 0 |
Depreciation expense | 0 | 0 |
Impairment | 0 | 0 |
Increase (decrease) in foreign currency translation difference | 0 | 0 |
Reclassifications | 0 | 0 |
Other increases (decreases) | 0 | 0 |
Decreases for classification as held for sale | 0 | 0 |
Total changes | 0 | 0 |
Closing balance | 0 | 0 |
Accumulated depreciation and amortisation [member] | Buildings [member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | (465,423) | (438,854) |
Changes | ||
Disposals | 0 | 0 |
Depreciation expense | (30,872) | (26,779) |
Impairment | (456) | (23) |
Increase (decrease) in foreign currency translation difference | 72 | (20) |
Reclassifications | 106 | 0 |
Other increases (decreases) | 40 | 253 |
Decreases for classification as held for sale | 0 | 0 |
Total changes | (31,110) | (26,569) |
Closing balance | (496,533) | (465,423) |
Accumulated depreciation and amortisation [member] | Other property, plant and equipment [member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | (198,820) | (224,602) |
Changes | ||
Disposals | 0 | 33,048 |
Depreciation expense | (7,848) | (7,284) |
Impairment | (75) | (21) |
Increase (decrease) in foreign currency translation difference | 7 | (2) |
Reclassifications | (1) | 0 |
Other increases (decreases) | 1 | 41 |
Decreases for classification as held for sale | 0 | 0 |
Total changes | (7,916) | 25,782 |
Closing balance | (206,736) | (198,820) |
Accumulated depreciation and amortisation [member] | Transport equipment [Member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | (10,150) | (9,457) |
Changes | ||
Disposals | 0 | 0 |
Depreciation expense | (759) | (692) |
Impairment | 0 | 0 |
Increase (decrease) in foreign currency translation difference | 3 | (1) |
Reclassifications | 12 | 0 |
Other increases (decreases) | 0 | 0 |
Decreases for classification as held for sale | 0 | 0 |
Total changes | (744) | (693) |
Closing balance | (10,894) | (10,150) |
Accumulated depreciation and amortisation [member] | Supplies and accessoies [Member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | (21,918) | (20,952) |
Changes | ||
Disposals | 0 | 1 |
Depreciation expense | (1,384) | (966) |
Impairment | (16) | 0 |
Increase (decrease) in foreign currency translation difference | 14 | (4) |
Reclassifications | 74 | 0 |
Other increases (decreases) | 0 | 3 |
Decreases for classification as held for sale | 0 | 0 |
Total changes | (1,312) | (966) |
Closing balance | (23,230) | (21,918) |
Accumulated depreciation and amortisation [member] | Equipment Office [Member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | (11,148) | (11,021) |
Changes | ||
Disposals | 0 | 0 |
Depreciation expense | (383) | (126) |
Impairment | (8) | 0 |
Increase (decrease) in foreign currency translation difference | 2 | (1) |
Reclassifications | (20) | 0 |
Other increases (decreases) | 0 | 0 |
Decreases for classification as held for sale | 0 | 0 |
Total changes | (409) | (127) |
Closing balance | (11,557) | (11,148) |
Accumulated depreciation and amortisation [member] | Network and communication equipment | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | (7,679) | (7,346) |
Changes | ||
Disposals | 0 | 0 |
Depreciation expense | (539) | (335) |
Impairment | 0 | 0 |
Increase (decrease) in foreign currency translation difference | 0 | 0 |
Reclassifications | 0 | 0 |
Other increases (decreases) | 0 | 2 |
Decreases for classification as held for sale | 0 | 0 |
Total changes | (539) | (333) |
Closing balance | (8,218) | (7,679) |
Accumulated depreciation and amortisation [member] | Mining assets [member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | (147,510) | (138,445) |
Changes | ||
Disposals | 0 | 0 |
Depreciation expense | (10,138) | (9,065) |
Impairment | 0 | 0 |
Increase (decrease) in foreign currency translation difference | 0 | 0 |
Reclassifications | 0 | 0 |
Other increases (decreases) | 0 | 0 |
Decreases for classification as held for sale | 0 | 0 |
Total changes | (10,138) | (9,065) |
Closing balance | (157,648) | (147,510) |
Accumulated depreciation and amortisation [member] | Network infrastructure [member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | (25,546) | (24,334) |
Changes | ||
Disposals | 0 | 0 |
Depreciation expense | (1,387) | (1,242) |
Impairment | (8) | (12) |
Increase (decrease) in foreign currency translation difference | 9 | (10) |
Reclassifications | 47 | 0 |
Other increases (decreases) | (1) | 52 |
Decreases for classification as held for sale | 0 | 0 |
Total changes | (1,340) | (1,212) |
Closing balance | (26,886) | (25,546) |
Accumulated depreciation and amortisation [member] | Power generating assets [member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | (33,662) | (32,497) |
Changes | ||
Disposals | 0 | 0 |
Depreciation expense | (908) | (1,165) |
Impairment | 0 | 0 |
Increase (decrease) in foreign currency translation difference | 0 | 0 |
Reclassifications | 0 | 0 |
Other increases (decreases) | 0 | 0 |
Decreases for classification as held for sale | 0 | 0 |
Total changes | (908) | (1,165) |
Closing balance | (34,570) | (33,662) |
Accumulated depreciation and amortisation [member] | Construction in Progress [Member] | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | 0 | 0 |
Changes | ||
Disposals | 0 | 0 |
Depreciation expense | 0 | 0 |
Impairment | 0 | 0 |
Increase (decrease) in foreign currency translation difference | 0 | 0 |
Reclassifications | 0 | 0 |
Other increases (decreases) | 0 | 0 |
Decreases for classification as held for sale | 0 | 0 |
Total changes | 0 | 0 |
Closing balance | 0 | 0 |
Accumulated depreciation and amortisation [member] | Machinery, plant and equipment | ||
Disclosure of detailed information about property, plant and equipment [line items] | ||
Opening balance | (2,416,557) | (2,273,188) |
Changes | ||
Disposals | 0 | 148 |
Depreciation expense | (141,460) | (134,230) |
Impairment | (5,019) | (9,507) |
Increase (decrease) in foreign currency translation difference | 97 | (28) |
Reclassifications | (5,108) | 0 |
Other increases (decreases) | 143 | 248 |
Decreases for classification as held for sale | 0 | 0 |
Total changes | (151,347) | (143,369) |
Closing balance | (2,567,904) | $ (2,416,557) |
Right-of-use assets [member] | Machinery, plant and equipment | ||
Changes | ||
Closing balance | $ 896,977 |
Property, plant and equipment_5
Property, plant and equipment (Details 3) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2021 | Dec. 31, 2020 | |
Borrowing costs [abstract] | ||
Capitalization interest rate | 4.00% | 4.00% |
Amount of costs for interest capitalized in ThUS$ | $ 14,206 | $ 8,462 |
Other current and non-current_3
Other current and non-current non-financial assets (Details) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 |
Disclosure of other non-financial assets [Line Items] | ||
Other current non-financial assets | $ 69,870 | $ 57,399 |
Other non-current non-financial assets | 33,487 | 22,042 |
Domestic Value Added Tax [Member] | ||
Disclosure of other non-financial assets [Line Items] | ||
Other current non-financial assets | 26,356 | 18,107 |
Foreign Value Added Tax [Member] | ||
Disclosure of other non-financial assets [Line Items] | ||
Other current non-financial assets | 14,395 | 7,785 |
Prepaid mining licenses [Member] | ||
Disclosure of other non-financial assets [Line Items] | ||
Other current non-financial assets | 1,233 | 1,025 |
Prepaid insurance [Member] | ||
Disclosure of other non-financial assets [Line Items] | ||
Other current non-financial assets | 20,443 | 10,307 |
Other prepayment [Member] | ||
Disclosure of other non-financial assets [Line Items] | ||
Other current non-financial assets | 659 | 946 |
Refund of Value Added Tax to exporters [Member] | ||
Disclosure of other non-financial assets [Line Items] | ||
Other current non-financial assets | 0 | 14,316 |
Other taxes [Member] | ||
Disclosure of other non-financial assets [Line Items] | ||
Other current non-financial assets | 6,030 | 4,499 |
Other assets [Member] | ||
Disclosure of other non-financial assets [Line Items] | ||
Other current non-financial assets | 754 | 414 |
Other non-current non-financial assets | 6,113 | 3,428 |
Exploration and evaluation expenses [Member] | ||
Disclosure of other non-financial assets [Line Items] | ||
Other non-current non-financial assets | 26,752 | 17,883 |
Guarantee deposits [Member] | ||
Disclosure of other non-financial assets [Line Items] | ||
Other non-current non-financial assets | $ 622 | $ 731 |
Other current and non-current_4
Other current and non-current non-financial assets (Details 1) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Disclosure of other non-financials asset [Abstract] | |||
Opening balance | $ 17,883 | $ 18,654 | $ 26,189 |
Change in assets for exploration and evaluation of mineral resources | |||
Additions | 8,071 | 0 | 0 |
Short-term reclassifications | 83 | (526) | (1,311) |
Increase (decrease) due to transfers and other charges | 715 | (245) | (6,224) |
Total changes | 8,869 | (771) | (7,535) |
Total | $ 26,752 | $ 17,883 | $ 18,654 |
Other current and non-current_5
Other current and non-current non-financial assets (Details 2) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 30, 2020 |
Disclosure Of Disbursements For Exploration And Evaluation [Line Items] | |||
Chile | $ 731,787 | $ 486,345 | |
Explorations in execution | |||
Disclosure Of Disbursements For Exploration And Evaluation [Line Items] | |||
Chile | $ 12,915 | $ 14,265 |
Other current and non-current_6
Other current and non-current non-financial assets (Details 3) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 30, 2020 | |
Disclosure Of Detailed Information About Reconciliation Of Explorations In Execution [Line Items] | |||
Opening balance | $ 14,265 | $ 18,654 | |
Disbursements | 11,964 | $ 0 | |
Reclassifications | (13,314) | (4,389) | |
Total changes | (1,350) | $ (4,389) | |
Total | $ 12,915 | $ 14,265 |
Other current and non-current_7
Other current and non-current non-financial assets (Details 4) - Metallic/Non-Metallic - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 |
Disclosure Of Detailed Information About Reimbursements For Exploration And Evaluation [Line Items] | ||
Reimbursements For Exploration And Evaluation | $ 18,154 | $ 10,872 |
Chile | ||
Disclosure Of Detailed Information About Reimbursements For Exploration And Evaluation [Line Items] | ||
Reimbursements For Exploration And Evaluation | $ 18,154 | $ 10,872 |
Other current and non-current_8
Other current and non-current non-financial assets (Parenthetical) (Details 4) - Chile - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 30, 2020 |
Non Metalic Exploration [Member] | ||
Disclosure Of Detailed Information About Reimbursements For Exploration And Evaluation [Line Items] | ||
Reimbursements For Exploration And Evaluation | $ 5,622 | $ 6,576 |
Metallic exploration [Member] | ||
Disclosure Of Detailed Information About Reimbursements For Exploration And Evaluation [Line Items] | ||
Reimbursements For Exploration And Evaluation | $ 12,367 | $ 4,296 |
Other current and non-current_9
Other current and non-current non-financial assets (Details 5) - Metallic exploration [Member] - Chile - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2021 | Dec. 31, 2020 | |
Detailed Information About Reconciliation Of Economically Feasible Metalic Explorations [Line Items] | ||
Opening balance | $ 10,872 | $ 10,009 |
Additions | 8,071 | 0 |
Reclassifications from Exploration in execution – Chile | 1,906 | 863 |
Reclassifications to Exploration in Exploitation-Chile | (2,695) | 0 |
Total changes | 7,282 | 863 |
Total | $ 18,154 | $ 10,872 |
Other current and non-curren_10
Other current and non-current non-financial assets (Details 6) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2021 | Dec. 31, 2020 | |
Other current financial assets: [Member] | ||
Detailed Information About Short Term And Long Term Exploitation Conciliation [Line Items] | ||
Opening balance | $ 1,318 | $ 1,367 |
Amortization | (1,359) | (1,683) |
Reclassifications | 1,276 | 1,634 |
Total changes | (83) | (49) |
Total | 1,235 | 1,318 |
Other non-current financial assets: [Member] | ||
Detailed Information About Short Term And Long Term Exploitation Conciliation [Line Items] | ||
Opening balance | 7,011 | 8,645 |
Amortization | 0 | 0 |
Reclassifications | 1,587 | (1,634) |
Total changes | 1,587 | (1,634) |
Total | $ 8,598 | $ 7,011 |
Employee benefits (Details)
Employee benefits (Details) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 |
Current | ||
Profit sharing and bonuses | $ 1,383 | $ 7,770 |
Performance bonus and operational targets | 25,392 | 1,326 |
Total | 26,775 | 9,096 |
Non-current | ||
Profit sharing and bonuses | 0 | 0 |
Severance indemnity payments | 27,099 | 32,199 |
Total | $ 27,099 | $ 32,199 |
Employee benefits (Details 2)
Employee benefits (Details 2) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Employee benefits [Line Items] | |||
Opening balance | $ 9,864 | $ 9,586 | $ 8,657 |
Cost of services | 0 | 0 | 0 |
Interest cost | 240 | 280 | 336 |
Actuarial loss | (135) | 506 | 984 |
Benefits paid | (419) | (508) | (391) |
Total benefit obligation (A) | $ 9,550 | $ 9,864 | $ 9,586 |
Employee benefits (Details 3)
Employee benefits (Details 3) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Employee benefits [Line Items] | |||
Fair value of plan assets at the beginning of the year | $ 12,888 | $ 8,754 | $ 8,404 |
Actual gains on plan assets | 1,028 | 4,642 | 741 |
Benefits paid | (419) | (508) | (391) |
Fair value of plan assets as of the year-end (B) | 13,497 | 12,888 | 8,754 |
Net value (A – B) | 3,947 | 3,025 | (832) |
Net actuarial loss at the beginning of the year | 192 | (3,634) | (3,022) |
Amortization during the year | 0 | 326 | 242 |
Estimated net gain for the year | 847 | 3,500 | (854) |
Movement to recognize minimum pension obligations | $ 1,039 | $ 192 | $ (3,634) |
Employee benefits (Details 4)
Employee benefits (Details 4) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Employee benefits [Abstract] | |||
Cost of service or benefits received during the year | $ 0 | $ 0 | $ 0 |
Interest cost in benefit obligation | 240 | 280 | 336 |
Actual return in plan assets | 1,028 | 4,642 | 741 |
Amortization of prior year losses | 0 | 326 | 242 |
Net gain during the year | 847 | 3,500 | (854) |
Net periodic pension expense | $ (76) | $ (31) | $ (33) |
Employee benefits (Details 5)
Employee benefits (Details 5) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Employee benefits [Line Items] | |||
Current cost of Service | $ 0 | $ 0 | $ 0 |
Interest cost | 240 | 280 | 336 |
Actuarial gain loss | (135) | 506 | 984 |
Benefits paid during the year | 419 | 508 | 391 |
Staff severance indemnities [Member] | |||
Employee benefits [Line Items] | |||
Opening balance | (32,199) | (27,814) | (28,233) |
Current cost of Service | (4,978) | (3,804) | (2,880) |
Interest cost | (1,303) | (1,486) | (1,661) |
Actuarial gain loss | 3,999 | (2,826) | (2,514) |
Exchange rate difference | 4,971 | (1,513) | 2,475 |
Benefits paid during the year | 2,411 | 5,244 | 4,999 |
Balance | $ (27,099) | $ (32,199) | $ (27,814) |
Employee benefits (Details 6)
Employee benefits (Details 6) | 12 Months Ended | |||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Employee benefits [Line Items] | ||||
Actuarial assumption of discount rates | 5.67% | 3.65% | 3.68% | |
Voluntary retirement rate [Abstract] | ||||
Actuarial assumption of expected rates of salary increases | 3.00% | 3.00% | 3.00% | |
Retirement age [Abstract] | ||||
Mortality rate | RV - 2014 | RV - 2014 | RV - 2014 | |
Men [Member] | ||||
Voluntary retirement rate [Abstract] | ||||
Actuarial assumption voluntary retirement rate | 6.49% | 6.49% | 6.49% | |
Retirement age [Abstract] | ||||
Actuarial assumption of retirement age | 65 years | 65 years | 65 years | |
Women [Member] | ||||
Voluntary retirement rate [Abstract] | ||||
Actuarial assumption voluntary retirement rate | 6.49% | 6.49% | 6.49% | |
Retirement age [Abstract] | ||||
Actuarial assumption of retirement age | 60 years | 60 years | 60 years |
Employee benefits (Details 7)
Employee benefits (Details 7) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2019 |
Actuarial assumption of discount rates [member] | ||
Employee benefits [Line Items] | ||
Increase (decrease) in defined benefit obligation due to reasonably possible increase in actuarial assumption | $ (1,614) | $ (1,985) |
Increase (decrease) in defined benefit obligation due to reasonably possible decrease in actuarial assumption | 1,817 | 2,234 |
Actuarial assumption of employee turnover rate [Member] | ||
Employee benefits [Line Items] | ||
Increase (decrease) in defined benefit obligation due to reasonably possible increase in actuarial assumption | (212) | (261) |
Increase (decrease) in defined benefit obligation due to reasonably possible decrease in actuarial assumption | $ 237 | $ 291 |
Employee benefits (Details Text
Employee benefits (Details Textual) - USD ($) | 12 Months Ended | |||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Employee benefits [Line Items] | ||||
Key management personnel compensation | $ 31,560,000 | $ 23,770,000 | $ 22,598,000 | |
Number of shares effected | 146,708 | |||
Weighted average share price | $ 54 | $ 41.93 | ||
Executive Compensation Plan [Member] | ||||
Employee benefits [Line Items] | ||||
Key management personnel compensation | $ 875,000 | $ 5,979,000 | ||
Number of shares effected | 188,740 | 177,905 | ||
Executive Compensation Plan [Member] | Two Thousand And Twenty Bonus [Member] | ||||
Employee benefits [Line Items] | ||||
Key management personnel compensation | $ 42,032 | |||
Men [Member] | ||||
Employee benefits [Line Items] | ||||
Actuarial assumption of retirement age | 65 years | 65 years | 65 years | |
Men [Member] | Top of range [member] | ||||
Employee benefits [Line Items] | ||||
Actuarial assumption of retirement age | 65 years | |||
Women [Member] | ||||
Employee benefits [Line Items] | ||||
Actuarial assumption of retirement age | 60 years | 60 years | 60 years | |
Women [Member] | Top of range [member] | ||||
Employee benefits [Line Items] | ||||
Actuarial assumption of retirement age | 60 years |
Provisions and other non-fina_3
Provisions and other non-financial liabilities (Details) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 |
Disclosure of Provisions and other non-financial liabilities [Line Items] | ||
Current provisions | $ 317,666 | $ 104,166 |
Non-current provisions | 61,038 | 62,617 |
Provisions | 378,704 | 166,783 |
Provision for legal complaints [member] | ||
Disclosure of Provisions and other non-financial liabilities [Line Items] | ||
Current provisions | 48,518 | 8,905 |
Non-current provisions | 1,223 | 1,260 |
Provisions | 49,741 | 10,165 |
Provision for decommissioning, restoration and rehabilitation costs [member] | ||
Disclosure of Provisions and other non-financial liabilities [Line Items] | ||
Current provisions | 0 | 0 |
Non-current provisions | 58,592 | 61,265 |
Provisions | 58,592 | 61,265 |
Other provisions [member] | ||
Disclosure of Provisions and other non-financial liabilities [Line Items] | ||
Current provisions | 269,148 | 95,261 |
Non-current provisions | 1,223 | 92 |
Provisions | $ 270,371 | $ 95,353 |
Provisions and other non-fina_4
Provisions and other non-financial liabilities (Details 1) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 |
Disclosure of Provisions and other non-financial liabilities [Line Items] | ||
Total | $ 317,666 | $ 104,166 |
Miscellaneous other provisions [member] | ||
Disclosure of Provisions and other non-financial liabilities [Line Items] | ||
Rent under Lease contract | 260,889 | 85,167 |
Provision for additional tax related to foreign loans | 1,027 | 740 |
End of agreement bonus | 2,792 | 8,159 |
Directors' per diem allowance | 3,938 | 698 |
Miscellaneous provisions | 502 | 497 |
Total | $ 269,148 | $ 95,261 |
Provisions and other non-fina_5
Provisions and other non-financial liabilities (Details 2) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 |
Disclosure of other provisions [abstract] | ||
Tax withholdings | $ 21,546 | $ 1,208 |
VAT payable | 26,111 | 1,642 |
Guarantees received | 746 | 2,636 |
Accrual for dividend | 34,184 | 8,027 |
Monthly tax provisional payments | 23,319 | 8,407 |
Deferred income | 5,605 | 6,435 |
Withholdings from employees and salaries payable | 5,587 | 5,017 |
Accrued vacations | 23,467 | 24,003 |
Other current liabilities | 1,109 | 3,580 |
Total | $ 141,674 | $ 60,955 |
Provisions and other non-fina_6
Provisions and other non-financial liabilities (Details 3) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Disclosure of Provisions and other non-financial liabilities [Line Items] | |||
Total provisions, initial balance | $ 166,783 | $ 145,255 | $ 138,019 |
Changes in provisions: | |||
Additional provisions | 287,568 | 154,581 | 154,425 |
Provision used | (65,358) | (127,624) | (151,581) |
Increase(decrease) in foreign currency exchange | (72) | (2,482) | (24) |
Others | (10,217) | (2,947) | 4,416 |
Total Increase (decreases) | 211,921 | 21,528 | 7,236 |
Total provisions, final balance | 378,704 | 166,783 | 145,255 |
Legal proceedings provision [member] | |||
Disclosure of Provisions and other non-financial liabilities [Line Items] | |||
Total provisions, initial balance | 10,165 | 14,924 | 14,862 |
Changes in provisions: | |||
Additional provisions | 48,012 | 62,922 | 4,111 |
Provision used | (8,399) | (67,685) | (4,049) |
Increase(decrease) in foreign currency exchange | (37) | 4 | 0 |
Others | 0 | 0 | 0 |
Total Increase (decreases) | 39,576 | (4,759) | 62 |
Total provisions, final balance | 49,741 | 10,165 | 14,924 |
Provision for decommissioning, restoration and rehabilitation costs [member] | |||
Disclosure of Provisions and other non-financial liabilities [Line Items] | |||
Total provisions, initial balance | 61,265 | 33,238 | 28,822 |
Changes in provisions: | |||
Additional provisions | 7,302 | 30,974 | 0 |
Provision used | 0 | 0 | 0 |
Increase(decrease) in foreign currency exchange | 0 | 0 | 0 |
Others | (9,975) | (2,947) | 4,416 |
Total Increase (decreases) | (2,673) | 28,027 | 4,416 |
Total provisions, final balance | 58,592 | 61,265 | 33,238 |
Miscellaneous other provisions [member] | |||
Disclosure of Provisions and other non-financial liabilities [Line Items] | |||
Total provisions, initial balance | 95,353 | 97,093 | 94,335 |
Changes in provisions: | |||
Additional provisions | 232,254 | 60,685 | 150,314 |
Provision used | (56,959) | (59,939) | (147,532) |
Increase(decrease) in foreign currency exchange | (35) | (2,486) | (24) |
Others | (242) | 0 | 0 |
Total Increase (decreases) | 175,018 | (1,740) | 2,758 |
Total provisions, final balance | $ 270,371 | $ 95,353 | $ 97,093 |
Provisions and other non-fina_7
Provisions and other non-financial liabilities (Details Textual) $ in Millions | 12 Months Ended |
Dec. 31, 2021USD ($) | |
Bottom of range [member] | |
Disclosure of other provisions [line items] | |
Research and development expense | $ 10 |
Top of range [member] | |
Disclosure of other provisions [line items] | |
Research and development expense | $ 15 |
SQM [Member] | |
Disclosure of other provisions [line items] | |
Percentage of entity's revenue | 1.70% |
SQM [Member] | Bottom of range [member] | |
Disclosure of other provisions [line items] | |
Research and development expense | $ 10.8 |
SQM [Member] | Top of range [member] | |
Disclosure of other provisions [line items] | |
Research and development expense | $ 18.9 |
Disclosures on equity (Details)
Disclosures on equity (Details) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021USD ($) | Dec. 31, 2020USD ($) | Dec. 31, 2019USD ($) | |
Disclosure of Disclosures on equity [Line Items] | |||
Net Financial Debt | $ (258,915) | $ (1,105,095) | $ (719,810) |
Liquidity | 4.76 | 5.40 | |
Capital Management [Member] | |||
Disclosure of Disclosures on equity [Line Items] | |||
Net Financial Debt | $ 204,692 | $ 1,074,020 | |
Liquidity | 4.62 | 5.40 | |
Return on equity | 18.41 | 7.79 | |
Adjusted EBITDA | $ 1,185,453 | $ 579,765 | |
EBITDA | $ 1,140,086 | $ 524,650 | |
ROA | 21.29 | 9.83 | |
Indebtedness | 0.06 | 0.50 | |
Description Net Financial Debt | Financial Debt – Financial Resources | ||
Description Liquidity | Current Assets divided by Current Liabilities | ||
Description ROE | Profit for the year divided by Total Equity | ||
Description adjusted EBITDA | Adjusted EBITDA | ||
Description EBITDA | EBITDA | ||
Description ROA | Adjusted EBITDA – Depreciation divided by Total Assets net of financial resources less related parties’ investments | ||
Description Indebtedness | Net Financial Debt on Equity | ||
Calculation Net Financial Debt | Other current Financial Liabilities + Other Non-Current Financial Liabilities– Cash and Cash Equivalents – Other Current Financial Assets – Hedging Assets, non-current | ||
Calculation Liquidity | Total Current Assets / Total Current Liabilities | ||
Calculation ROE | Profit for the year / Equity | ||
Calculation Adjusted EBITDA | Profit (loss) + Depreciation and Amortization Expenses adjustments + Finance Costs + Income Tax – Other income and Share of profit of associates and joint ventures + Other expenses by function – Finance income – Currency differences | ||
Calculation EBITDA | Profit (loss) + Depreciation and Amortization Expense adjustments + Finance Costs + Income Tax | ||
Calculation ROA | (Gross Profit – Administrative Expenses)/ (Total Assets – Cash and Cash Equivalents – Other Current Financial Assets – Other Non-Current Financial Assets – Equity accounted Investments) (LTM) | ||
Calculation Indebtedness | Net Financial Debt / Total Equity |
Disclosures on equity (Details
Disclosures on equity (Details 1) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of Disclosures on equity [Line Items] | ||
Capital amount in shares | $ 1,577,643 | $ 477,386 |
Series A preferred shares [Member] | ||
Disclosure of Disclosures on equity [Line Items] | ||
Number of authorized shares | 142,819,552 | 142,819,552 |
Number of fully subscribed and paid shares | 142,819,552 | 142,819,552 |
Number of subscribed, partially paid shares | 0 | 0 |
Increase (decrease) in the number of current shares | 0 | 0 |
Number of current shares | 142,818,904 | 142,819,552 |
Number of shares owned by the entity or its subsidiaries or associates | 648 | 0 |
Number of shares whose issuance is reserved due to the existence of options or agreements to dispose shares | 0 | 0 |
Capital amount in shares | $ 134,750 | $ 134,750 |
Total number of subscribed shares, total | 142,819,552 | 142,819,552 |
Series B preferred shares [Member] | ||
Disclosure of Disclosures on equity [Line Items] | ||
Number of authorized shares | 142,818,904 | 120,376,972 |
Number of fully subscribed and paid shares | 142,818,904 | 120,376,972 |
Number of subscribed, partially paid shares | 0 | 0 |
Increase (decrease) in the number of current shares | 0 | 0 |
Number of current shares | 142,818,904 | 120,376,972 |
Number of shares owned by the entity or its subsidiaries or associates | 0 | 0 |
Number of shares whose issuance is reserved due to the existence of options or agreements to dispose shares | 0 | 0 |
Capital amount in shares | $ 1,442,893 | $ 342,636 |
Total number of subscribed shares, total | 142,818,904 | 120,376,972 |
Disclosures on equity (Detail_2
Disclosures on equity (Details 2) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 |
Disclosure of detailed information about controls capital management [Abstract] | ||||
Reserve for currency exchange conversion | $ (7,913) | $ (11,569) | $ (25,745) | |
Reserve for cash flow hedges | (34,025) | 4,491 | 7,196 | |
Reserve for gains and losses from financial assets measured at fair value through other comprehensive income | (11,146) | 6,872 | (270) | |
Reserve for actuarial gains or losses in defined benefit plans | (4,174) | (8,680) | (9,490) | |
Other reserves | 13,103 | 16,318 | 14,086 | |
Total other reserves | $ (44,155) | $ 7,432 | $ (14,223) | $ (14,999) |
Disclosures on equity (Detail_3
Disclosures on equity (Details 3) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Disclosure of Disclosures on equity [Line Items] | |||
Opening balance | $ 7,432 | $ (14,223) | $ (14,999) |
Movement of reserves | (38,084) | 7,380 | 776 |
Reclassification adjustments | (3,739) | 14,275 | |
Reclassification To Retained Earnings | (9,764) | ||
Closing balance | (44,155) | 7,432 | (14,223) |
Reserve of change in value of foreign currency basis spreads [member] | |||
Disclosure of Disclosures on equity [Line Items] | |||
Opening balance | (11,569) | (25,745) | (26,307) |
Movement of reserves | 4,046 | (404) | 562 |
Reclassification adjustments | (390) | 14,580 | |
Closing balance | (7,913) | (11,569) | (25,745) |
Gains from cash flow hedge before tax [Member] | |||
Disclosure of Disclosures on equity [Line Items] | |||
Opening balance | 6,173 | 9,879 | 7,971 |
Movement of reserves | (52,762) | (3,706) | 1,908 |
Closing balance | (46,589) | 6,173 | 9,879 |
Gains from cash flow hedge tax [Member] | |||
Disclosure of Disclosures on equity [Line Items] | |||
Opening balance | (1,682) | (2,683) | 0 |
Movement of reserves | 14,246 | 1,001 | (2,683) |
Closing balance | 12,564 | (1,682) | (2,683) |
Losses from measurement of defined benefit plans before tax [Member] | |||
Disclosure of Disclosures on equity [Line Items] | |||
Opening balance | (10,527) | (11,482) | (8,176) |
Movement of reserves | 4,648 | 955 | (3,306) |
Closing balance | (5,879) | (10,527) | (11,482) |
Losses from measurement of defined benefit plans tax [Member] | |||
Disclosure of Disclosures on equity [Line Items] | |||
Opening balance | 1,847 | 1,992 | 1,292 |
Movement of reserves | (142) | (145) | 700 |
Closing balance | 1,705 | 1,847 | 1,992 |
Gains (losses) from financial assets measured at fair value through other comprehensive income before tax [Member] | |||
Disclosure of Disclosures on equity [Line Items] | |||
Opening balance | 10,176 | 392 | (760) |
Movement of reserves | (12,072) | 9,784 | 1,152 |
Reclassification To Retained Earnings | (13,375) | ||
Closing balance | (15,271) | 10,176 | 392 |
Gains (losses) from financial assets measured at fair value through other comprehensive income tax [Member] | |||
Disclosure of Disclosures on equity [Line Items] | |||
Opening balance | (3,304) | (662) | (351) |
Movement of reserves | 3,818 | (2,642) | (311) |
Reclassification To Retained Earnings | 3,611 | ||
Closing balance | 4,125 | (3,304) | (662) |
Miscellaneous other reserves before tax [Member] | |||
Disclosure of Disclosures on equity [Line Items] | |||
Opening balance | 16,318 | 14,086 | 11,332 |
Movement of reserves | 134 | 2,537 | 2,754 |
Reclassification adjustments | (3,349) | (305) | |
Closing balance | 13,103 | 16,318 | 14,086 |
Total reserves, reserves before tax [Member] | |||
Disclosure of Disclosures on equity [Line Items] | |||
Opening balance | 10,571 | (12,870) | (15,940) |
Movement of reserves | (56,006) | 9,166 | 3,070 |
Reclassification adjustments | (3,739) | 14,275 | |
Reclassification To Retained Earnings | (13,375) | ||
Closing balance | (62,549) | 10,571 | (12,870) |
Total reserves, reserves defered tax [Member] | |||
Disclosure of Disclosures on equity [Line Items] | |||
Opening balance | (3,139) | (1,353) | 941 |
Movement of reserves | 17,922 | (1,786) | (2,294) |
Reclassification To Retained Earnings | 3,611 | ||
Closing balance | $ 18,394 | $ (3,139) | $ (1,353) |
Disclosures on equity (Detail_4
Disclosures on equity (Details 4) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 |
Disclosure of Disclosures on equity [Line Items] | |||
Equity before adjustments | $ 12,659 | $ 15,874 | $ 15,763 |
Total Other reserves | 13,103 | 16,318 | 14,086 |
SQM Iberian S.A. [Member] | |||
Disclosure of Disclosures on equity [Line Items] | |||
Equity before adjustments | 9,464 | 9,464 | 9,464 |
Adjustments to equity | (1,677) | (1,677) | (1,677) |
SQM Europe N.V. [Member] | |||
Disclosure of Disclosures on equity [Line Items] | |||
Equity before adjustments | 1,957 | 1,957 | 1,957 |
Soquimich European Holding B.V. [Member] | |||
Disclosure of Disclosures on equity [Line Items] | |||
Equity before adjustments | 828 | 828 | 828 |
Abu Dhabi Fertilizer Industries WWL [Member] | |||
Disclosure of Disclosures on equity [Line Items] | |||
Equity before adjustments | 455 | 455 | 455 |
Doktor Tarsa Tarim Sanayi AS [Member] | |||
Disclosure of Disclosures on equity [Line Items] | |||
Equity before adjustments | 0 | 0 | 305 |
Kore Potash PLC [Member] | |||
Disclosure of Disclosures on equity [Line Items] | |||
Equity before adjustments | 0 | 3,414 | 2,754 |
Orcoma Estudios SPA [Member] | |||
Disclosure of Disclosures on equity [Line Items] | |||
Adjustments to equity | 2,121 | 2,121 | 0 |
Vitas Fzco [Member] | |||
Disclosure of Disclosures on equity [Line Items] | |||
Equity before adjustments | (38) | (244) | 0 |
Pavoni C. Spa [Member] | |||
Disclosure of Disclosures on equity [Line Items] | |||
Equity before adjustments | 7 | 0 | 0 |
Others [Member] | |||
Disclosure of Disclosures on equity [Line Items] | |||
Equity before adjustments | $ (14) | $ 0 | $ 0 |
Disclosures on equity (Detail_5
Disclosures on equity (Details 5) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | ||
Disclosure of Disclosures on equity [Line Items] | ||||
Non-controlling interests | $ 12,408 | $ 10,118 | $ 6,817 | |
Interim Dividend | 157,774 | 44,986 | 211,224 | |
Special dividend | 399,998 | 100,000 | 0 | |
Dividends payable | 27,681 | 4,369 | 66,891 | |
Owners of the Parent | 585,453 | 149,355 | 278,115 | |
Dividends discounted from equity for the period | [1] | 597,861 | 159,473 | 284,932 |
Ajay SQM Chile S.A. Dividends [member] | ||||
Disclosure of Disclosures on equity [Line Items] | ||||
Non-controlling interests | 0 | 556 | 882 | |
Ajay SQM Chile S.A Payable Dividend [member] | ||||
Disclosure of Disclosures on equity [Line Items] | ||||
Non-controlling interests | 577 | 682 | 0 | |
Soquimich Comercial S.A. Interim Dividend [member] | ||||
Disclosure of Disclosures on equity [Line Items] | ||||
Non-controlling interests | 5,904 | 5,904 | 3,936 | |
Soquimich Comercial S.A. Payable Dividend [member] | ||||
Disclosure of Disclosures on equity [Line Items] | ||||
Non-controlling interests | $ 5,927 | $ 2,976 | $ 1,999 | |
[1] | See Note 19.7 |
Disclosures on equity (Detail_6
Disclosures on equity (Details 7) - Financial restrictions (member) | 12 Months Ended | |
Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure Of Financial Restrictions [Line Items] | ||
Instrument with restriction | Bonds | Bonds |
Creditor | Bondholders | Bondholders |
Registration number | H | H |
Name of financial indicator or ratio | NFD/Equity | NFD/Equity |
Measurement frequency | Quarterly | Quarterly |
Restriction (Range, value and unit of measure) | Must be less than 1.00 | Must be less than 1.00 |
Indicator or ratio determined by the company | 0.06% | 0.50% |
Fulfilled YES/NO | yes | yes |
Instrument with restriction | Bonds | Bonds |
Creditor | Bondholders | Bondholders |
Registration number | Q | Q |
Name of financial indicator or ratio | NFD/Equity | NFD/Equity |
Measurement frequency | Quarterly | Quarterly |
Restriction (Range, value and unit of measure) | Must be less than 1.00 | Must be less than 1.00 |
Indicator or ratio determined by the company | 0.06% | 0.50% |
Fulfilled YES/NO | yes | yes |
Instrument with restriction | Bonds | Bonds |
Creditor | Bondholders | Bondholders |
Registration number | O | O |
Name of financial indicator or ratio | NFD/Equity | NFD/Equity |
Measurement frequency | Quarterly | Quarterly |
Restriction (Range, value and unit of measure) | Must be less than 1.00 | Must be less than 1.00 |
Indicator or ratio determined by the company | 0.06% | 0.50% |
Fulfilled YES/NO | yes | yes |
Instrument with restriction | Bank loans | Bank loans |
Creditor | Scotiabank | Scotiabank |
Registration number | PB 70M | PB 70M |
Name of financial indicator or ratio | NFD/Equity | Debt/Equity |
Measurement frequency | Quarterly | Quarterly |
Restriction (Range, value and unit of measure) | Must be less than 1.00 | Must be less than 1.44 |
Indicator or ratio determined by the company | 0.06% | 1.23% |
Fulfilled YES/NO | yes | yes |
Disclosures on equity (Detail_7
Disclosures on equity (Details 8) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Disclosure Of Noncontrolling interests Explanatory [Line Items] | |||
Profit (loss), attributable to non-controlling interests | $ 6,751 | $ 3,841 | $ 2,488 |
Equity, noncontrolling interests | 34,451 | 39,493 | |
Dividends paid to non-controlling interests | $ 12,408 | 10,118 | |
SQM Potasio S.A. [Member] | |||
Disclosure Of Noncontrolling interests Explanatory [Line Items] | |||
Proportion of ownership interests held by non-controlling interests | 0.00% | ||
Profit (loss), attributable to non-controlling interests | $ 0 | 0 | |
Equity, noncontrolling interests | 0 | 0 | |
Dividends paid to non-controlling interests | $ 0 | 0 | |
Ajay SQM Chile S.A. [Member] | |||
Disclosure Of Noncontrolling interests Explanatory [Line Items] | |||
Proportion of ownership interests held by non-controlling interests | 49.00% | ||
Profit (loss), attributable to non-controlling interests | $ 769 | 910 | |
Equity, noncontrolling interests | 8,382 | 8,189 | |
Dividends paid to non-controlling interests | $ 577 | 1,238 | |
Soquimich Comercial S.A. [Member] | |||
Disclosure Of Noncontrolling interests Explanatory [Line Items] | |||
Proportion of ownership interests held by non-controlling interests | 39.36168% | ||
Profit (loss), attributable to non-controlling interests | $ 5,926 | 2,976 | |
Equity, noncontrolling interests | 26,665 | 32,078 | |
Dividends paid to non-controlling interests | $ 11,831 | 8,880 | |
Comercial Agrorama Ltda. [Member] | |||
Disclosure Of Noncontrolling interests Explanatory [Line Items] | |||
Proportion of ownership interests held by non-controlling interests | 30.00% | ||
Profit (loss), attributable to non-controlling interests | $ 56 | (45) | |
Equity, noncontrolling interests | (596) | (775) | |
Dividends paid to non-controlling interests | $ 0 | 0 | |
SQM Indonesia S.A. [Member] | |||
Disclosure Of Noncontrolling interests Explanatory [Line Items] | |||
Proportion of ownership interests held by non-controlling interests | 20.00% | ||
Profit (loss), attributable to non-controlling interests | $ 0 | 0 | |
Equity, noncontrolling interests | 0 | 0 | |
Dividends paid to non-controlling interests | $ 0 | 0 | |
Agrorama S.A. [Member] | |||
Disclosure Of Noncontrolling interests Explanatory [Line Items] | |||
Proportion of ownership interests held by non-controlling interests | 0.00% | ||
Profit (loss), attributable to non-controlling interests | $ 0 | 0 | |
Equity, noncontrolling interests | 0 | 0 | |
Dividends paid to non-controlling interests | $ 0 | 0 | |
SQM Thailand Limited [Member] | |||
Disclosure Of Noncontrolling interests Explanatory [Line Items] | |||
Proportion of ownership interests held by non-controlling interests | 0.004% | ||
Profit (loss), attributable to non-controlling interests | $ 0 | 0 | |
Equity, noncontrolling interests | 0 | 1 | |
Dividends paid to non-controlling interests | $ 0 | $ 0 |
Disclosures on equity (Detail_8
Disclosures on equity (Details Textual) - USD ($) $ / shares in Units, $ in Thousands | Dec. 22, 2021 | Aug. 18, 2021 | May 19, 2021 | Dec. 31, 2021 | Dec. 31, 2020 |
Disclosure of Disclosures on equity [Line Items] | |||||
interim dividend per share | $ 1.40037 | $ 0.31439 | $ 0.23797 | ||
Provisional dividend paid, Per share | $ 0.31439 | $ 0.23797 | |||
Minimum Percentage Required TO Call Ordinary Or Extraordinary Meeting | 50.00% | ||||
Number Of Consecutive Limitation Period Of Series B shares | 50 years | ||||
Contractual capital commitments | $ 0 | ||||
Bottom of range [member] | |||||
Disclosure of Disclosures on equity [Line Items] | |||||
Cash dividend rate | 30.00% | 30.00% |
Contingencies and restriction_2
Contingencies and restrictions (Details 1) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended | |
Jun. 30, 2021 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of contingent liabilities [line items] | |||
Grantor obligations | $ 8,866 | $ 10,114 | |
Ferosor Agricola S.A. [Member] | |||
Disclosure of contingent liabilities [line items] | |||
Name of grantor | Ferosor Agrícola S.A. | ||
Relationship with grantor | Unrelated Third party | ||
Grantor obligations | $ 4,735 | 5,626 | |
Tattersall Agroinsumos S.A. [Member] | |||
Disclosure of contingent liabilities [line items] | |||
Name of grantor | Tattersall Agroinsumos S.A. | ||
Relationship with grantor | Unrelated Third party | ||
Grantor obligations | $ 2,000 | 2,000 | |
Covepa SPA [Member] | |||
Disclosure of contingent liabilities [line items] | |||
Name of grantor | Covepa SPA | ||
Relationship with grantor | Unrelated Third party | ||
Grantor obligations | $ 592 | 703 | |
Johannes Epple Davanzo [Member] | |||
Disclosure of contingent liabilities [line items] | |||
Name of grantor | Johannes Epple Davanzo | ||
Relationship with grantor | Unrelated Third party | ||
Grantor obligations | $ 264 | 314 | |
Hortofruticola La Serena [Member] | |||
Disclosure of contingent liabilities [line items] | |||
Name of grantor | Hortofrutícola La Serena | ||
Relationship with grantor | Unrelated Third party | ||
Grantor obligations | $ 272 | 303 | |
Com Serv Johannes Epple Davanz [Member] | |||
Disclosure of contingent liabilities [line items] | |||
Name of grantor | Com. Serv Johannes Epple Davanz | ||
Relationship with grantor | Unrelated Third party | ||
Grantor obligations | $ 343 | 408 | |
Juan Luis Gaete Chesta [Member] | |||
Disclosure of contingent liabilities [line items] | |||
Name of grantor | Juan Luis Gaete Chesta | ||
Relationship with grantor | Unrelated Third party | ||
Grantor obligations | $ 160 | 190 | |
Arena Fertilizantes y Semillas [Member] | |||
Disclosure of contingent liabilities [line items] | |||
Name of grantor | Arena Fertilizantes y Semillas | ||
Relationship with grantor | Unrelated Third party | ||
Grantor obligations | $ 178 | 211 | |
Vicente Oyarce Castro [Member] | |||
Disclosure of contingent liabilities [line items] | |||
Name of grantor | Vicente Oyarce Castro | ||
Relationship with grantor | Unrelated Third party | ||
Grantor obligations | $ 205 | 229 | |
Bernardo Guzman Schmidt [Member] | |||
Disclosure of contingent liabilities [line items] | |||
Name of grantor | Bernardo Guzmán Schmidt | ||
Relationship with grantor | Unrelated Third party | ||
Grantor obligations | $ 117 | $ 130 |
Contingencies and restriction_3
Contingencies and restrictions (Details Textual) - USD ($) | Jan. 27, 2022 | Jul. 15, 2021 | Jan. 07, 2021 | Oct. 31, 2020 | Apr. 14, 2020 | Mar. 24, 2017 | Aug. 26, 2016 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 30, 2020 | Dec. 31, 2010 | Aug. 31, 2004 | Aug. 31, 1996 |
Statement [Line Items] | |||||||||||||
Lawsuits, domicile of litigation | 19th Civil Court of Santiago | ||||||||||||
Guarantee obligations | $ 622,000 | ||||||||||||
Collateral Security Carrying Value | 100,000 | ||||||||||||
Environmental Loss Contingencies Component Amount | $ 9,000,000 | ||||||||||||
Mining assets | 38,241,000 | $ 47,052,000 | |||||||||||
Tax contingencies, estimates possible amount | 79,800,000 | ||||||||||||
Third Tax And Customs Court [Member] | Tax Period 2012 to 2014 [Member] | |||||||||||||
Statement [Line Items] | |||||||||||||
Tax Contingencies, Dispute Amount | $ 17,800,000 | ||||||||||||
Tax contingencies, contested tax | 11,500,000 | ||||||||||||
Interest and associated fines | $ 6,300,000 | ||||||||||||
Third Tax And Customs Court [Member] | Tax Period 2015 to 2016 [Member] | |||||||||||||
Statement [Line Items] | |||||||||||||
Tax Contingencies, Dispute Amount | $ 8,600,000 | ||||||||||||
Tax contingencies, contested tax | 6,900,000 | ||||||||||||
Interest and associated fines | 500,000 | ||||||||||||
Tax contingencies, assessed excess tax amount | $ 1,300,000 | ||||||||||||
Third Tax And Customs Court [Member] | Tax Period 2017 to 2018 [Member] | |||||||||||||
Statement [Line Items] | |||||||||||||
Tax Contingencies, Dispute Amount | $ 63,900,000 | ||||||||||||
Tax contingencies, contested tax | 30,200,000 | ||||||||||||
Interest and associated fines | 16,100,000 | ||||||||||||
Tax contingencies, assessed excess tax amount | $ 17,700,000 | ||||||||||||
General Water Bureau [Member] | |||||||||||||
Statement [Line Items] | |||||||||||||
Loss Contingency, Damages Awarded, Value | $ 4,180,000 | ||||||||||||
Ocaa y Vega Limited [Member] | |||||||||||||
Statement [Line Items] | |||||||||||||
Loss Contingency, Damages Awarded, Value | $ 377,000 | ||||||||||||
Soquimich Comercial S.A. [Member] | |||||||||||||
Statement [Line Items] | |||||||||||||
Lawsuits, damages owed, value | 1,050,000 | ||||||||||||
Collateral Security Carrying Value | 8,866,000 | $ 10,114,000 | |||||||||||
SQM Salar [Member] | |||||||||||||
Statement [Line Items] | |||||||||||||
Loss Contingency, Damages Awarded, Value | $ 48,100 | ||||||||||||
Litigation charges | 48,100 | ||||||||||||
Overcharged Amount Of Mining Activities | 18,900,000 | ||||||||||||
Potential Specific Tax For Lithium Amount | 48,600,000 | ||||||||||||
Interests Associated With Tax | 22,800,000 | ||||||||||||
SQM Salar [Member] | Non-current tax assets [Member] | |||||||||||||
Statement [Line Items] | |||||||||||||
Mining assets | $ 90,400,000 | $ 90,400,000 | |||||||||||
Lawsuit two [Member] | North America Corp [Member] | Provision for taxes other than income tax [member] | Appeal Pending [Member] | City Of Pomona [Member] | |||||||||||||
Statement [Line Items] | |||||||||||||
Law suits fines penalties and damages payable | $ 30,000,000 | ||||||||||||
Lawsuit three [Member] | |||||||||||||
Statement [Line Items] | |||||||||||||
Lawsuits, name of plaintiff | city of Pomona in the state of California, United States | ||||||||||||
Lawsuits, name of defendant | SQM NA | ||||||||||||
Lawsuits, lawsuit filing date | December 2010 | ||||||||||||
Lawsuits, domicile of litigation | US District Court for the Central District of California | ||||||||||||
Lawsuits, allegations | payment of expenses and other values related to treatment of groundwater to make it apt for consumption, which involved the extraction of perchlorate in this water, which allegedly came from Chilean fertilizers | ||||||||||||
Lawsuit four [Member] | |||||||||||||
Statement [Line Items] | |||||||||||||
Lawsuits, name of plaintiff | the city of Lindsay in California, United States | ||||||||||||
Lawsuits, name of defendant | SQM NA | ||||||||||||
Lawsuits, lawsuit filing date | December 2010 | ||||||||||||
Lawsuits, domicile of litigation | US District Court for the Central District of California | ||||||||||||
Lawsuits, allegations | payment of expenses and other values related to treatment of groundwater to make it apt for consumption, which involved the extraction of perchlorate in this water, which allegedly came from Chilean fertilizers | ||||||||||||
Lawsuit five [Member] | |||||||||||||
Statement [Line Items] | |||||||||||||
Lawsuits, name of defendant | SQM Nitratos | ||||||||||||
Lawsuits, lawsuit filing date | May 2014 | ||||||||||||
Lawsuits, domicile of litigation | 18th Civil Court of Santiago | ||||||||||||
Lawsuits, allegations | for its alleged extracontractual liability derived from an explosion occurring in 2010 in the vicinity of the town of Baquedano, which caused the death of six workers. | ||||||||||||
Lawsuits, litigation status | On May 7, 2019, the 18th Civil Court of Santiago dismissed the claim. The case currently is in the Santiago Court of Appeals, which will make a determination on the motion for appeal and cassation brought about on behalf of the plaintiff. | ||||||||||||
Lawsuits, nominal value | $ 1,200,000 | ||||||||||||
Lawsuit six [Member] | |||||||||||||
Statement [Line Items] | |||||||||||||
Lawsuits, name of plaintiff | Transportes Buen Destino S.A. | ||||||||||||
Lawsuits, name of defendant | SQM Salar | ||||||||||||
Lawsuits, lawsuit filing date | January 2018 | ||||||||||||
Lawsuits, domicile of litigation | arbitration claim under CAM rules | ||||||||||||
Lawsuits, allegations | controversies resulting from the execution of transport contracts for lithium brine and transport of salts | ||||||||||||
Lawsuits, litigation status | currently in the evidence stage | ||||||||||||
Lawsuits, nominal value | $ 3,000,000 | ||||||||||||
Lawsuit seven [Member] | |||||||||||||
Statement [Line Items] | |||||||||||||
Lawsuits, name of plaintiff | representatives Claudia Nathalie Mix Jiménez, Gael Fernanda Yeomans Araya, Camila Ruzlay Rojas Valderrama | ||||||||||||
Lawsuits, name of defendant | Corfo | ||||||||||||
Lawsuits, lawsuit filing date | September 2018 | ||||||||||||
Lawsuits, allegations | Salar de Atacama Project Contract signed between Corfo and SQM Salar. | ||||||||||||
Lawsuits, litigation status | discussion stage | ||||||||||||
Lawsuit eight [Member] | |||||||||||||
Statement [Line Items] | |||||||||||||
Lawsuits, name of plaintiff | The Company and FPC Ingeniería y Construcción SpA | ||||||||||||
Lawsuits, lawsuit filing date | May 2019 | ||||||||||||
Lawsuits, allegations | alleged extracontractual liability derived from the traffic accident occurring | ||||||||||||
Lawsuits, litigation status | on March 5, 2018, involving the overturn of a truck owned by FPC and the subsequent death of its two occupants, both employees of FPC. The four children of one of the deceased workers are the plaintiffs in this case and are seeking compensation for moral damages. | ||||||||||||
Lawsuits, nominal value | $ 1,200,000 | ||||||||||||
Lawsuit nine [Member] | |||||||||||||
Statement [Line Items] | |||||||||||||
Lawsuits, name of plaintiff | Arrigoni Ingeniería y Construcción S.A. | ||||||||||||
Lawsuits, name of defendant | SQM Salar | ||||||||||||
Lawsuits, lawsuit filing date | November 2019 | ||||||||||||
Lawsuits, domicile of litigation | arbitration court under CAM rules | ||||||||||||
Lawsuits, allegations | requesting the conclusion of the Works Contract known as “Expansion of Lithium Carbonate Plant Phase II | ||||||||||||
Lawsuits, litigation status | evidence stage | ||||||||||||
Lawsuits, nominal value | $ 14,600,000 | ||||||||||||
Lawsuit ten [Member] | |||||||||||||
Statement [Line Items] | |||||||||||||
Lawsuits, name of plaintiff | Sierra Gorda S.C.M. | ||||||||||||
Lawsuits, name of defendant | the Company | ||||||||||||
Lawsuits, lawsuit filing date | December 16, 2011 | ||||||||||||
Lawsuits, nominal value | $ 46,000,000 | ||||||||||||
Lawsuit fifteen [Member] | |||||||||||||
Statement [Line Items] | |||||||||||||
Lawsuits, nominal value | $ 542,000,000 | ||||||||||||
Law Suit One A [Member] | Nitratos Naturais Do Chile Ltda. [Member] | Provision for taxes other than income tax [member] | Appeal Pending [Member] | Fazoanda Do Estado De Sao Paulo [Member] | |||||||||||||
Statement [Line Items] | |||||||||||||
Law suits fines penalties and damages payable | $ 492,000 | ||||||||||||
Law Suit One B [Member] | Nitratos Naturais Do Chile Ltda. [Member] | Provision for taxes other than income tax [member] | Appeal Pending [Member] | Fazoanda Do Estado De Sao Paulo [Member] | |||||||||||||
Statement [Line Items] | |||||||||||||
Law suits fines penalties and damages payable | $ 265,000 |
Gains (losses) from operating_3
Gains (losses) from operating activities in the statement of income, included according to their nature (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Statement [Line Items] | |||
Revenue | $ 2,862,315 | $ 1,817,191 | $ 1,943,655 |
Specialty plant nutrition [Member] | |||
Statement [Line Items] | |||
Revenue | 908,815 | 701,688 | 723,920 |
Iodine and derivatives [Member] | |||
Statement [Line Items] | |||
Revenue | 437,931 | 334,657 | 371,020 |
Lithium and Derivatives [Member] | |||
Statement [Line Items] | |||
Revenue | 936,121 | 383,373 | 505,714 |
Potassium [Member] | |||
Statement [Line Items] | |||
Revenue | 416,592 | 209,294 | 212,151 |
Industrial chemicals [Member] | |||
Statement [Line Items] | |||
Revenue | 132,011 | 160,608 | 94,875 |
Others [Member] | |||
Statement [Line Items] | |||
Revenue | 30,845 | 27,571 | 35,975 |
Chile [Member] | |||
Statement [Line Items] | |||
Revenue | 219,648 | 153,745 | 211,857 |
Chile [Member] | Specialty plant nutrition [Member] | |||
Statement [Line Items] | |||
Revenue | 136,523 | 100,353 | 109,975 |
Chile [Member] | Iodine and derivatives [Member] | |||
Statement [Line Items] | |||
Revenue | 1,538 | 1,234 | 1,064 |
Chile [Member] | Lithium and Derivatives [Member] | |||
Statement [Line Items] | |||
Revenue | 901 | 399 | 599 |
Chile [Member] | Potassium [Member] | |||
Statement [Line Items] | |||
Revenue | 50,573 | 23,963 | 27,371 |
Chile [Member] | Industrial chemicals [Member] | |||
Statement [Line Items] | |||
Revenue | 4,125 | 4,059 | 39,512 |
Chile [Member] | Others [Member] | |||
Statement [Line Items] | |||
Revenue | 25,988 | 23,737 | 33,336 |
Latin America and the Caribbean [Member] | |||
Statement [Line Items] | |||
Revenue | 326,287 | 159,990 | 161,928 |
Latin America and the Caribbean [Member] | Specialty plant nutrition [Member] | |||
Statement [Line Items] | |||
Revenue | 88,990 | 69,535 | 78,872 |
Latin America and the Caribbean [Member] | Iodine and derivatives [Member] | |||
Statement [Line Items] | |||
Revenue | 10,198 | 10,843 | 7,972 |
Latin America and the Caribbean [Member] | Lithium and Derivatives [Member] | |||
Statement [Line Items] | |||
Revenue | 4,905 | 1,597 | 3,593 |
Latin America and the Caribbean [Member] | Potassium [Member] | |||
Statement [Line Items] | |||
Revenue | 214,304 | 72,697 | 64,868 |
Latin America and the Caribbean [Member] | Industrial chemicals [Member] | |||
Statement [Line Items] | |||
Revenue | 7,367 | 4,951 | 6,354 |
Latin America and the Caribbean [Member] | Others [Member] | |||
Statement [Line Items] | |||
Revenue | 523 | 367 | 269 |
Europe | |||
Statement [Line Items] | |||
Revenue | 482,765 | 380,125 | 393,764 |
Europe | Specialty plant nutrition [Member] | |||
Statement [Line Items] | |||
Revenue | 179,744 | 145,896 | 149,992 |
Europe | Iodine and derivatives [Member] | |||
Statement [Line Items] | |||
Revenue | 173,329 | 142,161 | 123,525 |
Europe | Lithium and Derivatives [Member] | |||
Statement [Line Items] | |||
Revenue | 75,674 | 49,719 | 76,250 |
Europe | Potassium [Member] | |||
Statement [Line Items] | |||
Revenue | 33,948 | 30,029 | 27,973 |
Europe | Industrial chemicals [Member] | |||
Statement [Line Items] | |||
Revenue | 18,662 | 11,585 | 15,289 |
Europe | Others [Member] | |||
Statement [Line Items] | |||
Revenue | 1,408 | 735 | 735 |
North America | |||
Statement [Line Items] | |||
Revenue | 558,002 | 427,570 | 451,272 |
North America | Specialty plant nutrition [Member] | |||
Statement [Line Items] | |||
Revenue | 314,895 | 246,737 | 243,399 |
North America | Iodine and derivatives [Member] | |||
Statement [Line Items] | |||
Revenue | 102,746 | 90,292 | 90,070 |
North America | Lithium and Derivatives [Member] | |||
Statement [Line Items] | |||
Revenue | 50,349 | 25,558 | 45,810 |
North America | Potassium [Member] | |||
Statement [Line Items] | |||
Revenue | 57,682 | 39,432 | 43,312 |
North America | Industrial chemicals [Member] | |||
Statement [Line Items] | |||
Revenue | 29,860 | 23,963 | 27,798 |
North America | Others [Member] | |||
Statement [Line Items] | |||
Revenue | 2,470 | 1,588 | 883 |
Asia and others [Member] | |||
Statement [Line Items] | |||
Revenue | 1,275,613 | 695,761 | 724,834 |
Asia and others [Member] | Specialty plant nutrition [Member] | |||
Statement [Line Items] | |||
Revenue | 188,663 | 139,167 | 141,682 |
Asia and others [Member] | Iodine and derivatives [Member] | |||
Statement [Line Items] | |||
Revenue | 150,120 | 90,127 | 148,389 |
Asia and others [Member] | Lithium and Derivatives [Member] | |||
Statement [Line Items] | |||
Revenue | 804,292 | 306,100 | 379,462 |
Asia and others [Member] | Potassium [Member] | |||
Statement [Line Items] | |||
Revenue | 60,085 | 43,173 | 48,627 |
Asia and others [Member] | Industrial chemicals [Member] | |||
Statement [Line Items] | |||
Revenue | 71,997 | 116,050 | 5,922 |
Asia and others [Member] | Others [Member] | |||
Statement [Line Items] | |||
Revenue | $ 456 | $ 1,144 | $ 752 |
Gains (losses) from operating_4
Gains (losses) from operating activities in the statement of income, included according to their nature (Details 1) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Statement [Line Items] | |||
Revenue | $ 2,862,315 | $ 1,817,191 | $ 1,943,655 |
Specialty plant nutrition [Member] | |||
Statement [Line Items] | |||
Revenue | 908,815 | 701,688 | 723,920 |
Sodium Nitrates [Member] | |||
Statement [Line Items] | |||
Revenue | 24,829 | 18,291 | 20,679 |
Potassium Nitrate And Sodium Potassium Nitrate [Member] | |||
Statement [Line Items] | |||
Revenue | 539,336 | 424,041 | 457,477 |
Specialty Blends [Member] | |||
Statement [Line Items] | |||
Revenue | 234,369 | 163,033 | 153,739 |
Other Specialty Fertilizers [Member] | |||
Statement [Line Items] | |||
Revenue | 110,281 | 96,323 | 92,025 |
Iodine And Derivatives [Member] | |||
Statement [Line Items] | |||
Revenue | 437,931 | 334,657 | 371,020 |
Lithium and Derivatives [Member] | |||
Statement [Line Items] | |||
Revenue | 936,121 | 383,373 | 505,714 |
Potassium [Member] | |||
Statement [Line Items] | |||
Revenue | 416,592 | 209,294 | 212,151 |
Industrial chemicals [Member] | |||
Statement [Line Items] | |||
Revenue | 132,011 | 160,608 | 94,875 |
Other Products [Member] | |||
Statement [Line Items] | |||
Revenue | 30,845 | 27,571 | 35,975 |
Income From Services [Member] | |||
Statement [Line Items] | |||
Revenue | 3,428 | 3,241 | 3,410 |
Income From leasing Of Properties [Member] | |||
Statement [Line Items] | |||
Revenue | 1,531 | 1,457 | 1,438 |
Income from subleases on right-of-use assets [Member] | |||
Statement [Line Items] | |||
Revenue | 146 | 176 | 261 |
Commodities [Member] | |||
Statement [Line Items] | |||
Revenue | 12,468 | 11,938 | 16,176 |
Other Ordinary Income Commercial Offices [Member] | |||
Statement [Line Items] | |||
Revenue | $ 13,272 | $ 10,759 | $ 14,690 |
Gains (losses) from operating_5
Gains (losses) from operating activities in the statement of income, included according to their nature (Details 2) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Statement [Line Items] | |||
Depreciation of Right-of-use Assets (contracts under IFRS 16) | $ (8,706) | $ (8,431) | |
Expenses related to variable lease payments (contracts under IFRS 16) | (1,313) | (1,117) | |
Total | (1,772,208) | (1,334,321) | $ (1,383,603) |
Cost of sales [member] | |||
Statement [Line Items] | |||
Remuneration and benefits to employees | (345,356) | (287,877) | (271,912) |
Raw material and supplies | (211,771) | (178,956) | (178,493) |
Depreciation expense | (195,678) | (182,314) | (189,587) |
Depreciation of Right-of-use Assets (contracts under IFRS 16) | (5,963) | (5,814) | (5,450) |
Amortization expense | (9,737) | (12,938) | (6,015) |
Investment plan expenses | (15,059) | (14,286) | (18,367) |
Provision for materials, spare parts and supplies | (505) | 640 | (7,500) |
Contractors | (157,571) | (142,017) | (120,750) |
Operating leases | (67,106) | (57,461) | (48,499) |
Mining concessions | (7,325) | (6,645) | (7,856) |
Operational transportation | (76,003) | (68,730) | (56,376) |
Freight and product transportation costs | (77,353) | (52,156) | (46,264) |
Purchase of products from third parties | (329,464) | (260,089) | (268,581) |
Insurance | (21,869) | (17,657) | (16,968) |
CORFO right | (247,604) | (74,418) | (143,861) |
Export costs | (99,212) | (88,176) | (71,056) |
Expenses related to variable lease payments (contracts under IFRS 16) | (1,313) | (1,117) | (1,037) |
Variation in gross inventory | 85,709 | 102,446 | 52,557 |
Variation in inventory provision | 5,038 | 7,244 | 17,107 |
Other expenses, by nature | $ 5,934 | $ 6,000 | $ 5,305 |
Gains (losses) from operating_6
Gains (losses) from operating activities in the statement of income, included according to their nature (Details 3) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Statement [Line Items] | |||
Amounts recovered from insurance | $ 210 | $ 347 | |
Total | 19,552 | 26,893 | $ 18,218 |
Other Incomes [Member] | |||
Statement [Line Items] | |||
Discounts obtained from suppliers | 896 | 665 | 676 |
Fines charged to suppliers | 83 | 267 | 483 |
Taxes recovered | 287 | 1,487 | 457 |
Amounts recovered from insurance | 1,811 | 14,861 | 492 |
Overestimate of provisions for third-party obligations | 293 | 118 | 983 |
Sale of assets classified as properties, plant and equipment | 1,923 | 1,626 | 2,422 |
Sale of mining rights | 8,796 | 5,852 | 5,298 |
Easements, pipelines and roads | 4,949 | 1,619 | 7,204 |
Refunds for mining patents and notarial expenses | 198 | 85 | 203 |
Others | $ 316 | $ 313 | $ 0 |
Gains (losses) from operating_7
Gains (losses) from operating activities in the statement of income, included according to their nature (Details 4) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Statement [Line Items] | |||
Depreciation expenses | $ (8,706) | $ (8,431) | |
Total | (118,893) | (107,017) | $ (117,180) |
Administrative expenses [Member] | |||
Statement [Line Items] | |||
Remuneration and benefits to employees | (60,552) | (55,152) | (60,255) |
Marketing costs | (2,415) | (2,377) | (3,911) |
Amortization expense | (118) | (91) | (5) |
Entertainment expenses | (4,906) | (4,858) | (5,783) |
Advisory services | (17,332) | (13,880) | (13,862) |
Leases | (3,478) | (3,111) | (3,653) |
Insurance | (3,901) | (3,478) | (2,553) |
Office expenses | (6,363) | (6,204) | (7,327) |
Contractors | (5,106) | (5,079) | (4,874) |
Depreciation expenses | (2,743) | (2,617) | (2,501) |
Other expenses | $ (11,979) | $ (10,170) | $ (12,456) |
Gains (losses) from operating_8
Gains (losses) from operating activities in the statement of income, included according to their nature (Details 5) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Depreciation and amortization expense | |||
Sub total | $ (214,239) | $ (203,912) | $ (201,351) |
Impairment (losses) /reversals of impairment losses recognized in profit (loss) for the year | |||
Properties plant and equipment | (5,582) | ||
Intangible assets other than goodwill | 478 | 1,798 | |
Goodwill | 0 | (140) | |
Other expenses, by nature | |||
Total | (60,605) | (99,612) | (25,995) |
Other expenses by function [Member] | |||
Depreciation and amortization expense | |||
Depreciation of assets not in use | 0 | (138) | (136) |
Sub total | 0 | (138) | (136) |
Impairment (losses) /reversals of impairment losses recognized in profit (loss) for the year | |||
Properties plant and equipment | (5,582) | (9,563) | (49) |
Intangible assets other than goodwill | (478) | (1,941) | (913) |
Goodwill | 0 | (140) | (140) |
Non-current assets and disposal groups held for sale | 0 | 0 | 0 |
Sub total | (6,060) | (11,644) | (1,102) |
Other expenses, by nature | |||
Legal expenses | (42,253) | (69,965) | (9,277) |
VAT and other unrecoverable taxes | (1,015) | (626) | (613) |
Fines paid | (882) | (314) | (145) |
Investment plan expenses | 1 | (768) | (1,693) |
Exploration expenses | 0 | (5,262) | (5,537) |
Contributions and Donations | (9,321) | (8,793) | (5,026) |
Other operating expenses | (1,075) | (2,102) | (2,466) |
Sub total | (54,545) | (87,830) | (24,757) |
Total | $ (60,605) | $ (99,612) | $ (25,995) |
Gains (losses) from operating_9
Gains (losses) from operating activities in the statement of income, included according to their nature (Details 6) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Statement [Line Items] | |||
Total | $ (2,638) | $ (5,313) | $ (383) |
Other (losses) income [Member] | |||
Statement [Line Items] | |||
Adjustment to prior periods due to applying the equity method | (198) | (48) | (985) |
Sale of investments in associates | 0 | (11,830) | 0 |
Impairment of interests in associates | (2,009) | 7,235 | 631 |
Sale of investments in joint ventures | 0 | (481) | 0 |
Others | (431) | (189) | (29) |
Total | $ (2,638) | $ (5,313) | $ (383) |
Gains (losses) from operatin_10
Gains (losses) from operating activities in the statement of income, included according to their nature (Details 7) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Statement [Line Items] | |||
Impairment of financial assets and reversal of impairment losses | $ (235) | $ 4,684 | $ (1,057) |
Investments In Associates [Member] | |||
Statement [Line Items] | |||
Impairment of financial assets and reversal of impairment losses | $ (235) | $ 4,684 | $ (1,057) |
Gains (losses) from operatin_11
Gains (losses) from operating activities in the statement of income, included according to their nature (Details 8) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Depreciation and amortization expense | |||
Depreciation expenses | $ (8,706) | $ (8,431) | |
Operational leases | (1,587) | (1,133) | $ (1,535) |
Expenses related to variable lease payments (contracts under IFRS 16) | (1,313) | (1,117) | |
Other expenses by nature [Member] | |||
Statement [Line Items] | |||
Raw materials and consumables | (345,356) | (287,877) | (271,912) |
Employee Benefit Expenses | |||
Personnel expenses | (272,323) | (234,108) | (238,748) |
Depreciation and amortization expense | |||
Depreciation expense | (195,678) | (182,452) | (189,723) |
Depreciation expenses | (8,706) | (8,431) | (7,951) |
Impairment of properties, plant and equipment, intangible and Goodwill | (6,060) | (11,644) | (1,102) |
Amortization expense | (9,855) | (13,029) | (6,020) |
Legal expenses | (42,253) | (69,965) | (9,277) |
Investment plan expenses | (15,058) | (15,054) | (20,060) |
Exploration expenses | 0 | (5,262) | (5,237) |
Provision for materials, spare parts and supplies | (505) | 640 | (7,500) |
Contractors | (162,677) | (147,096) | (125,624) |
Operational leases | (70,584) | (60,572) | (52,152) |
Mining concessions | (7,325) | (6,645) | (7,856) |
Operational transportation | (76,003) | (68,730) | (56,376) |
Freight and product transportation costs | (77,353) | (52,156) | (46,264) |
Purchase of products from third parties | (329,464) | (260,089) | (268,581) |
CORFO rights | (247,604) | (74,418) | (143,861) |
Export costs | (99,212) | (88,176) | (71,056) |
Expenses related to variable lease payments (contracts under IFRS 16) | (1,313) | (1,117) | (1,037) |
Insurance | (25,770) | (21,135) | (19,521) |
Consultant and advisor services | (17,332) | (13,880) | (13,862) |
Variation in inventory | 85,709 | 102,446 | 52,557 |
Variation in inventory provision | 5,038 | 7,244 | 17,107 |
Other expenses, by nature | (32,022) | (29,444) | (32,422) |
Total | $ (1,951,706) | $ (1,540,950) | $ (1,526,478) |
Gains (losses) from operatin_12
Gains (losses) from operating activities in the statement of income, included according to their nature (Details 9) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Statement [Line Items] | |||
Interest expense from bank borrowings and overdrafts | $ (2,664) | $ (2,797) | $ (2,133) |
Interest expense from bonds | (90,859) | (87,030) | (72,984) |
Interest expense from loans | (1,135) | (1,598) | (2,682) |
Reversal of capitalized interest expenses | 14,206 | 8,462 | 7,841 |
Financial expenses related to rehabilitation provisions | (1,259) | 2,947 | (4,417) |
Interest on lease agreement | (1,587) | (1,133) | (1,535) |
Interest and bank charges | (1,328) | (1,050) | (1,029) |
Total | $ (84,626) | $ (82,199) | $ (76,939) |
Gains (losses) from operatin_13
Gains (losses) from operating activities in the statement of income, included according to their nature (Details 10) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Gains losses from operating activities in the statement of income by function of expenses, included according to their nature [Abstract] | |||
Interest from term deposits | $ 3,635 | $ 10,260 | $ 15,345 |
Interest from marketable securities | 68 | 2,147 | 6,765 |
Interest from maintenance of minimum bank balance in current account | 2 | 18 | 0 |
Other finance income | 107 | 259 | 4,130 |
Other finance interests | 856 | 1,031 | 49 |
Total | $ 4,668 | $ 13,715 | $ 26,289 |
Reportable segments (Details)
Reportable segments (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Statement [Line Items] | |||
Revenue | $ 2,862,315 | $ 1,817,191 | $ 1,943,655 |
Cost of sales | (1,772,208) | (1,334,321) | (1,383,603) |
Administrative expenses | (118,893) | (107,017) | (117,180) |
Finance expense | (84,626) | (82,199) | (76,939) |
Depreciation and amortisation expense | (214,239) | (203,912) | (201,351) |
The entity's interest in the profit or loss of associates and joint ventures accounted for by the equity method | 11,132 | 8,940 | 9,786 |
Income before taxes | 841,221 | 238,538 | 390,622 |
Income tax expense | (249,016) | (70,179) | (110,019) |
Net income (loss) | 592,205 | 168,359 | 280,603 |
Assets | 7,044,297 | 4,818,463 | 4,684,151 |
Equity-accounted investees | 39,824 | 85,993 | 109,435 |
Incorporation of non-current assets other than financial instruments, deferred tax assets, net defined benefit assets and rights arising from insurance contracts | 152,663 | 358,009 | 110,021 |
Other Liabilities | 3,828,326 | 2,655,885 | 2,549,679 |
Impairment loss of financial assets recognized in profit or loss | (235) | 4,684 | (1,057) |
Impairment loss of non-financial assets recognized in profit or loss | (6,060) | (11,644) | (1,102) |
Cash flows from operating activities | 822,520 | 182,234 | 426,971 |
Cash flows used in investing activities | (1,006,943) | (167,091) | (485,471) |
Cash flows from financing activities | 1,206,485 | (94,132) | 105,896 |
Operating Segments [Member] | |||
Statement [Line Items] | |||
Revenue | 2,862,315 | 1,817,191 | 1,943,655 |
Cost of sales | (1,772,208) | (1,334,321) | (1,383,603) |
Administrative expenses | 0 | 0 | 0 |
Finance expense | 0 | 0 | 0 |
Depreciation and amortisation expense | (214,239) | (203,912) | (201,351) |
The entity's interest in the profit or loss of associates and joint ventures accounted for by the equity method | 0 | 0 | 0 |
Income before taxes | 1,090,107 | 482,870 | 560,052 |
Income tax expense | 0 | 0 | 0 |
Net income (loss) | 1,090,107 | 482,870 | 560,052 |
Cash flows from operating activities | 0 | 0 | 0 |
Cash flows used in investing activities | 0 | 0 | 0 |
Cash flows from financing activities | 0 | 0 | 0 |
Unallocated amounts [member] | |||
Statement [Line Items] | |||
Cost of sales | 0 | 0 | 0 |
Administrative expenses | (118,893) | (107,017) | (117,180) |
Finance expense | (84,626) | (82,199) | (76,939) |
The entity's interest in the profit or loss of associates and joint ventures accounted for by the equity method | 11,132 | 8,940 | 9,786 |
Income before taxes | (248,886) | (244,332) | (169,430) |
Income tax expense | (249,016) | (70,179) | (110,019) |
Net income (loss) | (497,902) | (314,511) | (279,449) |
Assets | 7,044,297 | 4,818,463 | 4,684,151 |
Equity-accounted investees | 39,824 | 85,993 | 109,435 |
Incorporation of non-current assets other than financial instruments, deferred tax assets, net defined benefit assets and rights arising from insurance contracts | 152,663 | 358,009 | 110,021 |
Other Liabilities | 3,828,326 | 2,655,885 | 2,549,679 |
Impairment loss of financial assets recognized in profit or loss | (235) | 4,684 | (1,057) |
Impairment loss of non-financial assets recognized in profit or loss | (6,060) | (11,644) | (1,102) |
Cash flows from operating activities | 822,520 | 182,234 | 426,971 |
Cash flows used in investing activities | (1,006,943) | (167,091) | (485,471) |
Cash flows from financing activities | 1,206,485 | (94,132) | 105,896 |
Specialty plant nutrients [Member] | |||
Statement [Line Items] | |||
Revenue | 908,815 | 701,688 | 723,920 |
Cost of sales | (646,930) | (537,801) | (573,808) |
Administrative expenses | 0 | 0 | 0 |
Finance expense | 0 | 0 | 0 |
Depreciation and amortisation expense | (58,808) | (55,335) | (67,700) |
The entity's interest in the profit or loss of associates and joint ventures accounted for by the equity method | 0 | 0 | 0 |
Income before taxes | 261,885 | 163,887 | 150,112 |
Income tax expense | 0 | 0 | 0 |
Net income (loss) | 261,885 | 163,887 | 150,112 |
Cash flows from operating activities | 0 | 0 | 0 |
Cash flows used in investing activities | 0 | 0 | 0 |
Cash flows from financing activities | 0 | 0 | 0 |
Iodine and its derivatives [Member] | |||
Statement [Line Items] | |||
Revenue | 437,931 | 334,657 | 371,020 |
Cost of sales | (240,341) | (168,499) | (230,468) |
Administrative expenses | 0 | 0 | 0 |
Finance expense | 0 | 0 | 0 |
Depreciation and amortisation expense | (41,215) | (40,687) | (43,336) |
The entity's interest in the profit or loss of associates and joint ventures accounted for by the equity method | 0 | 0 | 0 |
Income before taxes | 197,590 | 166,158 | 140,552 |
Income tax expense | 0 | 0 | 0 |
Net income (loss) | 197,590 | 166,158 | 140,552 |
Cash flows from operating activities | 0 | 0 | 0 |
Cash flows used in investing activities | 0 | 0 | 0 |
Cash flows from financing activities | 0 | 0 | 0 |
Lithium and its derivatives [Member] | |||
Statement [Line Items] | |||
Revenue | 936,121 | 383,373 | 505,714 |
Cost of sales | (494,794) | (297,048) | (306,250) |
Administrative expenses | 0 | 0 | 0 |
Finance expense | 0 | 0 | 0 |
Depreciation and amortisation expense | (65,014) | (56,092) | (45,238) |
The entity's interest in the profit or loss of associates and joint ventures accounted for by the equity method | 0 | 0 | 0 |
Income before taxes | 441,327 | 86,325 | 199,464 |
Income tax expense | 0 | 0 | 0 |
Net income (loss) | 441,327 | 86,325 | 199,464 |
Cash flows from operating activities | 0 | 0 | 0 |
Cash flows used in investing activities | 0 | 0 | 0 |
Cash flows from financing activities | 0 | 0 | 0 |
Industrial chemicals [Member] | |||
Statement [Line Items] | |||
Revenue | 132,011 | 160,608 | 94,875 |
Cost of sales | (109,067) | (119,092) | (63,590) |
Administrative expenses | 0 | 0 | 0 |
Finance expense | 0 | 0 | 0 |
Depreciation and amortisation expense | (13,743) | (14,136) | (6,854) |
The entity's interest in the profit or loss of associates and joint ventures accounted for by the equity method | 0 | 0 | 0 |
Income before taxes | 22,944 | 41,516 | 31,285 |
Income tax expense | 0 | 0 | 0 |
Net income (loss) | 22,944 | 41,516 | 31,285 |
Cash flows from operating activities | 0 | 0 | 0 |
Cash flows used in investing activities | 0 | 0 | 0 |
Cash flows from financing activities | 0 | 0 | 0 |
Potassium [Member] | |||
Statement [Line Items] | |||
Revenue | 416,592 | 209,294 | 212,151 |
Cost of sales | (253,125) | (187,019) | (176,199) |
Administrative expenses | 0 | 0 | 0 |
Finance expense | 0 | 0 | 0 |
Depreciation and amortisation expense | (35,290) | (34,570) | (37,691) |
The entity's interest in the profit or loss of associates and joint ventures accounted for by the equity method | 0 | 0 | 0 |
Income before taxes | 163,467 | 22,275 | 35,952 |
Income tax expense | 0 | 0 | 0 |
Net income (loss) | 163,467 | 22,275 | 35,952 |
Cash flows from operating activities | 0 | 0 | 0 |
Cash flows used in investing activities | 0 | 0 | 0 |
Cash flows from financing activities | 0 | 0 | 0 |
Other products and services [Member] | |||
Statement [Line Items] | |||
Revenue | 30,845 | 27,571 | 35,975 |
Cost of sales | (27,951) | (24,862) | (33,288) |
Administrative expenses | 0 | 0 | 0 |
Finance expense | 0 | 0 | 0 |
Depreciation and amortisation expense | (169) | (3,092) | (532) |
The entity's interest in the profit or loss of associates and joint ventures accounted for by the equity method | 0 | 0 | 0 |
Income before taxes | 2,894 | 2,709 | 2,687 |
Income tax expense | 0 | 0 | 0 |
Net income (loss) | 2,894 | 2,709 | 2,687 |
Cash flows from operating activities | 0 | 0 | 0 |
Cash flows used in investing activities | 0 | 0 | 0 |
Cash flows from financing activities | 0 | 0 | 0 |
Reportable segments [member] | |||
Statement [Line Items] | |||
Revenue | 2,862,315 | 1,817,191 | 1,943,655 |
Cost of sales | (1,772,208) | (1,334,321) | (1,383,603) |
Administrative expenses | 0 | 0 | 0 |
Finance expense | 0 | 0 | 0 |
Depreciation and amortisation expense | (214,239) | (203,912) | (201,351) |
The entity's interest in the profit or loss of associates and joint ventures accounted for by the equity method | 0 | 0 | 0 |
Income before taxes | 1,090,107 | 482,870 | 560,052 |
Income tax expense | 0 | 0 | 0 |
Net income (loss) | 1,090,107 | 482,870 | 560,052 |
Cash flows from operating activities | 0 | 0 | 0 |
Cash flows used in investing activities | 0 | 0 | 0 |
Cash flows from financing activities | 0 | 0 | 0 |
Parent [Member] | |||
Statement [Line Items] | |||
Assets | 5,988,757 | 4,171,768 | |
Other Liabilities | 2,807,237 | 2,048,683 | |
Parent [Member] | Operating Segments [Member] | |||
Statement [Line Items] | |||
Revenue | 2,862,315 | 1,817,191 | 1,943,655 |
Parent [Member] | Unallocated amounts [member] | |||
Statement [Line Items] | |||
Revenue | 0 | 0 | 0 |
Parent [Member] | Specialty plant nutrients [Member] | |||
Statement [Line Items] | |||
Revenue | 908,815 | 701,688 | 723,920 |
Parent [Member] | Iodine and its derivatives [Member] | |||
Statement [Line Items] | |||
Revenue | 437,931 | 334,657 | 371,020 |
Parent [Member] | Lithium and its derivatives [Member] | |||
Statement [Line Items] | |||
Revenue | 936,121 | 383,373 | 505,714 |
Parent [Member] | Industrial chemicals [Member] | |||
Statement [Line Items] | |||
Revenue | 132,011 | 160,608 | 94,875 |
Parent [Member] | Potassium [Member] | |||
Statement [Line Items] | |||
Revenue | 416,592 | 209,294 | 212,151 |
Parent [Member] | Other products and services [Member] | |||
Statement [Line Items] | |||
Revenue | 30,845 | 27,571 | 35,975 |
Parent [Member] | Reportable segments [member] | |||
Statement [Line Items] | |||
Revenue | 2,862,315 | 1,817,191 | 1,943,655 |
Other Operating Segment [Member] | |||
Statement [Line Items] | |||
Revenue | 0 | 0 | 0 |
Other Operating Segment [Member] | Operating Segments [Member] | |||
Statement [Line Items] | |||
Revenue | 0 | 0 | 0 |
Other Operating Segment [Member] | Unallocated amounts [member] | |||
Statement [Line Items] | |||
Revenue | 0 | 0 | 0 |
Other Operating Segment [Member] | Specialty plant nutrients [Member] | |||
Statement [Line Items] | |||
Revenue | 0 | 0 | 0 |
Other Operating Segment [Member] | Iodine and its derivatives [Member] | |||
Statement [Line Items] | |||
Revenue | 0 | 0 | 0 |
Other Operating Segment [Member] | Lithium and its derivatives [Member] | |||
Statement [Line Items] | |||
Revenue | 0 | 0 | 0 |
Other Operating Segment [Member] | Industrial chemicals [Member] | |||
Statement [Line Items] | |||
Revenue | 0 | 0 | 0 |
Other Operating Segment [Member] | Potassium [Member] | |||
Statement [Line Items] | |||
Revenue | 0 | 0 | 0 |
Other Operating Segment [Member] | Other products and services [Member] | |||
Statement [Line Items] | |||
Revenue | 0 | 0 | 0 |
Other Operating Segment [Member] | Reportable segments [member] | |||
Statement [Line Items] | |||
Revenue | $ 0 | $ 0 | $ 0 |
Reportable segments (Details 1)
Reportable segments (Details 1) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Statement [Line Items] | |||
Revenue | $ 2,862,315 | $ 1,817,191 | $ 1,943,655 |
Cost of sales | (1,772,208) | (1,334,321) | (1,383,603) |
Gross profit | 1,090,107 | 482,870 | 560,052 |
Other incomes by function | 19,552 | 26,893 | 18,218 |
Administrative expenses | (118,893) | (107,017) | (117,180) |
Other expenses by function | (60,605) | (99,612) | (25,995) |
Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9 | (235) | 4,684 | (1,057) |
Other losses | (2,638) | (5,313) | (383) |
Financial income | 4,668 | 13,715 | 26,289 |
Finance costs | (84,626) | (82,199) | (76,939) |
Interest in the profit (loss) of associates and joint ventures accounted for by the equity method | 11,132 | 8,940 | 9,786 |
Exchange differences | (17,241) | (4,423) | (2,169) |
Profit (loss) before taxes | 841,221 | 238,538 | 390,622 |
Income tax expense | (249,016) | (70,179) | (110,019) |
Profit (loss) from continuing operations | 592,205 | 168,359 | 280,603 |
Specialty plant nutrients [Member] | |||
Statement [Line Items] | |||
Revenue | 908,815 | 701,688 | 723,920 |
Cost of sales | (646,930) | (537,801) | (573,808) |
Gross profit | 261,885 | 163,887 | 150,112 |
Other incomes by function | 0 | 0 | 0 |
Administrative expenses | 0 | 0 | 0 |
Other expenses by function | 0 | 0 | 0 |
Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9 | 0 | 0 | 0 |
Other losses | 0 | 0 | 0 |
Financial income | 0 | 0 | 0 |
Finance costs | 0 | 0 | 0 |
Interest in the profit (loss) of associates and joint ventures accounted for by the equity method | 0 | 0 | 0 |
Exchange differences | 0 | 0 | 0 |
Profit (loss) before taxes | 261,885 | 163,887 | 150,112 |
Income tax expense | 0 | 0 | 0 |
Profit (loss) from continuing operations | 261,885 | 163,887 | 150,112 |
Iodine and its derivatives [Member] | |||
Statement [Line Items] | |||
Revenue | 437,931 | 334,657 | 371,020 |
Cost of sales | (240,341) | (168,499) | (230,468) |
Gross profit | 197,590 | 166,158 | 140,552 |
Other incomes by function | 0 | 0 | 0 |
Administrative expenses | 0 | 0 | 0 |
Other expenses by function | 0 | 0 | 0 |
Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9 | 0 | 0 | 0 |
Other losses | 0 | 0 | 0 |
Financial income | 0 | 0 | 0 |
Finance costs | 0 | 0 | 0 |
Interest in the profit (loss) of associates and joint ventures accounted for by the equity method | 0 | 0 | 0 |
Exchange differences | 0 | 0 | 0 |
Profit (loss) before taxes | 197,590 | 166,158 | 140,552 |
Income tax expense | 0 | 0 | 0 |
Profit (loss) from continuing operations | 197,590 | 166,158 | 140,552 |
Lithium and its derivatives [Member] | |||
Statement [Line Items] | |||
Revenue | 936,121 | 383,373 | 505,714 |
Cost of sales | (494,794) | (297,048) | (306,250) |
Gross profit | 441,327 | 86,325 | 199,464 |
Other incomes by function | 0 | 0 | 0 |
Administrative expenses | 0 | 0 | 0 |
Other expenses by function | 0 | 0 | 0 |
Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9 | 0 | 0 | 0 |
Other losses | 0 | 0 | 0 |
Financial income | 0 | 0 | 0 |
Finance costs | 0 | 0 | 0 |
Interest in the profit (loss) of associates and joint ventures accounted for by the equity method | 0 | 0 | 0 |
Exchange differences | 0 | 0 | 0 |
Profit (loss) before taxes | 441,327 | 86,325 | 199,464 |
Income tax expense | 0 | 0 | 0 |
Profit (loss) from continuing operations | 441,327 | 86,325 | 199,464 |
Industrial chemicals [Member] | |||
Statement [Line Items] | |||
Revenue | 132,011 | 160,608 | 94,875 |
Cost of sales | (109,067) | (119,092) | (63,590) |
Gross profit | 22,944 | 41,516 | 31,285 |
Other incomes by function | 0 | 0 | 0 |
Administrative expenses | 0 | 0 | 0 |
Other expenses by function | 0 | 0 | 0 |
Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9 | 0 | 0 | 0 |
Other losses | 0 | 0 | 0 |
Financial income | 0 | 0 | 0 |
Finance costs | 0 | 0 | 0 |
Interest in the profit (loss) of associates and joint ventures accounted for by the equity method | 0 | 0 | 0 |
Exchange differences | 0 | 0 | 0 |
Profit (loss) before taxes | 22,944 | 41,516 | 31,285 |
Income tax expense | 0 | 0 | 0 |
Profit (loss) from continuing operations | 22,944 | 41,516 | 31,285 |
Potassium [Member] | |||
Statement [Line Items] | |||
Revenue | 416,592 | 209,294 | 212,151 |
Cost of sales | (253,125) | (187,019) | (176,199) |
Gross profit | 163,467 | 22,275 | 35,952 |
Other incomes by function | 0 | 0 | 0 |
Administrative expenses | 0 | 0 | 0 |
Other expenses by function | 0 | 0 | 0 |
Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9 | 0 | 0 | 0 |
Other losses | 0 | 0 | 0 |
Financial income | 0 | 0 | 0 |
Finance costs | 0 | 0 | 0 |
Interest in the profit (loss) of associates and joint ventures accounted for by the equity method | 0 | 0 | 0 |
Exchange differences | 0 | 0 | 0 |
Profit (loss) before taxes | 163,467 | 22,275 | 35,952 |
Income tax expense | 0 | 0 | 0 |
Profit (loss) from continuing operations | 163,467 | 22,275 | 35,952 |
Other products and services [Member] | |||
Statement [Line Items] | |||
Revenue | 30,845 | 27,571 | 35,975 |
Cost of sales | (27,951) | (24,862) | (33,288) |
Gross profit | 2,894 | 2,709 | 2,687 |
Other incomes by function | 0 | 0 | 0 |
Administrative expenses | 0 | 0 | 0 |
Other expenses by function | 0 | 0 | 0 |
Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9 | 0 | 0 | 0 |
Other losses | 0 | 0 | 0 |
Financial income | 0 | 0 | 0 |
Finance costs | 0 | 0 | 0 |
Interest in the profit (loss) of associates and joint ventures accounted for by the equity method | 0 | 0 | 0 |
Exchange differences | 0 | 0 | 0 |
Profit (loss) before taxes | 2,894 | 2,709 | 2,687 |
Income tax expense | 0 | 0 | 0 |
Profit (loss) from continuing operations | 2,894 | 2,709 | 2,687 |
Corporate unit [Member] | |||
Statement [Line Items] | |||
Revenue | 0 | 0 | 0 |
Cost of sales | 0 | 0 | 0 |
Gross profit | 0 | 0 | 0 |
Other incomes by function | 19,552 | 26,893 | 18,218 |
Administrative expenses | (118,893) | (107,017) | (117,180) |
Other expenses by function | (60,605) | (99,612) | (25,995) |
Impairment of gains and review of impairment losses (impairment losses) determined in accordance with IFRS 9 | (235) | 4,684 | (1,057) |
Other losses | (2,638) | (5,313) | (383) |
Financial income | 4,668 | 13,715 | 26,289 |
Finance costs | (84,626) | (82,199) | (76,939) |
Interest in the profit (loss) of associates and joint ventures accounted for by the equity method | 11,132 | 8,940 | 9,786 |
Exchange differences | (17,241) | (4,423) | (2,169) |
Profit (loss) before taxes | (248,886) | (244,332) | (169,430) |
Income tax expense | (249,016) | (70,179) | (110,019) |
Profit (loss) from continuing operations | $ (497,902) | $ (314,511) | $ (279,449) |
Reportable segments (Details 2)
Reportable segments (Details 2) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Statement [Line Items] | |||
Revenue | $ 2,862,315 | $ 1,817,191 | $ 1,943,655 |
Investments accounted for using equity method | 39,824 | 85,993 | 109,435 |
Intangible assets other than goodwill | 179,658 | 178,407 | 188,358 |
Goodwill | 34,596 | 41,966 | 34,726 |
Property, plant and equipment | 2,012,225 | 1,737,319 | 1,569,906 |
Right-of-use assets | 52,608 | 30,024 | 37,164 |
Other non-current assets | 33,487 | 22,042 | 19,729 |
Non-current assets that are not financial instruments | 2,352,398 | 2,095,751 | 1,959,318 |
Chile [Member] | |||
Statement [Line Items] | |||
Revenue | 219,648 | 153,745 | 211,857 |
Investments accounted for using equity method | 0 | 0 | 0 |
Intangible assets other than goodwill | 89,019 | 95,934 | 106,910 |
Goodwill | 22,979 | 23,065 | 23,205 |
Property, plant and equipment | 1,815,997 | 1,667,824 | 1,526,919 |
Right-of-use assets | 29,803 | 23,461 | 29,427 |
Other non-current assets | 27,626 | 19,377 | 20,321 |
Non-current assets that are not financial instruments | 1,985,424 | 1,829,661 | 1,706,782 |
Latin America and the Caribbean [Member] | |||
Statement [Line Items] | |||
Revenue | 326,287 | 159,990 | 161,928 |
Investments accounted for using equity method | 0 | 0 | 0 |
Intangible assets other than goodwill | 496 | 565 | 420 |
Goodwill | 86 | 0 | 0 |
Property, plant and equipment | 671 | 642 | 513 |
Right-of-use assets | 68 | 2,298 | 2,734 |
Other non-current assets | 16 | 17 | 28 |
Non-current assets that are not financial instruments | 1,337 | 3,522 | 3,695 |
Europe [Member] | |||
Statement [Line Items] | |||
Revenue | 482,765 | 380,126 | 393,764 |
Investments accounted for using equity method | 15,242 | 41,273 | 42,243 |
Intangible assets other than goodwill | 6,996 | 825 | 1,397 |
Goodwill | 11,531 | 18,901 | 11,521 |
Property, plant and equipment | 11,380 | 12,592 | 3,424 |
Right-of-use assets | 2,040 | 2,428 | 2,817 |
Other non-current assets | 6 | 7 | 4 |
Non-current assets that are not financial instruments | 47,195 | 76,026 | 61,406 |
North America [Member] | |||
Statement [Line Items] | |||
Revenue | 558,002 | 427,572 | 451,272 |
Investments accounted for using equity method | 15,899 | 14,468 | 14,669 |
Intangible assets other than goodwill | 1,809 | 2,274 | 2,683 |
Goodwill | 0 | 0 | 0 |
Property, plant and equipment | 3,704 | 3,494 | 6,250 |
Right-of-use assets | 3,351 | 1,776 | 2,083 |
Other non-current assets | 3,950 | 2,641 | 624 |
Non-current assets that are not financial instruments | 28,713 | 24,653 | 25,061 |
Asia and others [Member] | |||
Statement [Line Items] | |||
Revenue | 1,275,613 | 695,758 | 724,834 |
Investments accounted for using equity method | 8,683 | 30,252 | 52,523 |
Intangible assets other than goodwill | 81,338 | 78,809 | 76,948 |
Goodwill | 0 | 0 | 0 |
Property, plant and equipment | 180,473 | 52,767 | 32,800 |
Right-of-use assets | 17,346 | 61 | 103 |
Other non-current assets | 1,889 | 0 | 0 |
Non-current assets that are not financial instruments | $ 289,729 | $ 161,889 | $ 162,374 |
Effect of fluctuations in for_3
Effect of fluctuations in foreign currency exchange rates (Details) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Statement [Line Items] | |||
Conversion foreign exchange gains (losses) recognized in the result of the year. | $ (17,241) | $ (4,423) | $ (2,169) |
Gains (losses) on exchange differences on translation, before tax | 4,240 | 14,000 | 787 |
Equity attributable to owners of the Parent [member] | |||
Statement [Line Items] | |||
Gains (losses) on exchange differences on translation, before tax | 3,656 | 14,176 | 562 |
Non-controlling interests [member] | |||
Statement [Line Items] | |||
Gains (losses) on exchange differences on translation, before tax | $ 584 | $ (176) | $ 225 |
Effect of fluctuations in for_4
Effect of fluctuations in foreign currency exchange rates (Details 1) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 |
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | $ (7,913) | $ (11,569) | $ (25,745) |
Comercial Hydro S.A. [Member] | |||
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | 1,004 | 1,004 | 1,004 |
SQMC Internacional Ltda. [Member] | |||
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | (9) | (9) | (9) |
Proinsa Ltda. [Member] | |||
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | (10) | (10) | (10) |
Comercial Agrorama Ltda. [Member] | |||
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | 155 | (19) | 33 |
Isapre Norte Grande Ltda. [Member] | |||
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | (121) | (14) | (44) |
Almacenes y Depositos Ltda. [Member] | |||
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | 305 | 211 | 142 |
Sacal S.A. [Member] | |||
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | (3) | (3) | (3) |
Sociedad Prestadora de Servicios de Salud Cruz del Norte SA [Member] | |||
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | (36) | (13) | (19) |
Agrorama S.A. [Member] | |||
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | 628 | 92 | 231 |
Doktor Tarsa Tarim Sanayi AS [Member] | |||
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | 0 | 0 | (13,811) |
SQM Vitas Fzco. [Member] | |||
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | (4,165) | (3,736) | (2,267) |
Doctochem Tarim Sanayi LTD [Member] | |||
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | 0 | 0 | 7 |
SQM Eastmed Turkey [Member] | |||
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | 0 | 0 | (155) |
Ajay Europe [Member] | |||
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | (1,413) | (693) | (1,449) |
Coromandel SQM India [Member] | |||
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | 0 | 0 | (431) |
SQM Italia SRL [Member] | |||
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | 0 | 0 | (236) |
SQM Oceania Pty Limited [Member] | |||
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | (579) | (579) | (634) |
SQM Indonesia S.A. [Member] | |||
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | (124) | (124) | (124) |
Abu Dhabi Fertilizers Industries WWL [Member] | |||
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | 372 | 372 | 372 |
SQM Holland B.V. [Member] | |||
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | 99 | 99 | (197) |
SQM Thailand Limited [Member] | |||
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | (68) | (68) | (68) |
SQM Europe N.V. [Member] | |||
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | (1,983) | (1,983) | (1,983) |
SQM Australia Pty Ltd [Member] | |||
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | (1,732) | (4,052) | (4,035) |
Pavoni C Spa [Member] | |||
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | (153) | 164 | (185) |
Terra Tarsa B.V.. [Member] | |||
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | 0 | 0 | 116 |
Plantacote N.V [Member] | |||
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | 0 | 0 | (16) |
Doktolab Tarim Arastima San [Member] | |||
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | 0 | 0 | (54) |
Kore Potash PLC [Member] | |||
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | 0 | (2,128) | (1,754) |
SQM Colombia S.A.S. [Member] | |||
Changes in equity [abstract] | |||
Reserve of exchange differences on translation | $ (80) | $ (80) | $ (166) |
Disclosures on the effects of_3
Disclosures on the effects of fluctuations in foreign currency exchange rates (Details) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Assets held in foreign currency | $ 7,044,297 | $ 4,818,463 |
Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Assets held in foreign currency | 4,586,095 | 2,569,258 |
Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Assets held in foreign currency | 2,458,202 | 2,249,205 |
Cash and cash equivalent [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Assets held in foreign currency | 1,515,051 | 509,102 |
Other current financial assets [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Assets held in foreign currency | 919,049 | 348,069 |
Other current non-financial assets [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Assets held in foreign currency | 69,870 | 57,399 |
Trade and other receivables [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Assets held in foreign currency | 654,073 | 365,206 |
Receivables from related parties [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Assets held in foreign currency | 86,152 | 62,601 |
Current Inventories [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Assets held in foreign currency | 1,183,776 | 1,093,028 |
Current tax assets [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Assets held in foreign currency | 157,542 | 132,224 |
Non-current assets or groups of assets classified as held for sale [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Assets held in foreign currency | 582 | 1,629 |
Other non-current non-financial assets [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Assets held in foreign currency | 33,487 | 22,042 |
Non-current right receivable [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Assets held in foreign currency | 6,172 | 11,165 |
Investments classified using the equity method of accounting [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Assets held in foreign currency | 39,824 | 85,993 |
Intangible assets other than goodwill [member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Assets held in foreign currency | 179,658 | 178,407 |
Purchases goodwill, gross [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Assets held in foreign currency | 34,596 | 41,966 |
Property, Plant and Equipment [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Assets held in foreign currency | 2,012,225 | 1,737,319 |
Right-of-use assets [member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Assets held in foreign currency | 52,608 | 30,024 |
Current Tax Assets Non Current [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Assets held in foreign currency | 90,364 | 90,364 |
Other non current financial assets [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Assets held in foreign currency | $ 9,268 | 51,925 |
USD | Cash and cash equivalent [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | |
Assets held in foreign currency | $ 1,377,983 | 454,402 |
USD | Other current financial assets [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | |
Assets held in foreign currency | $ 668,360 | 145,893 |
USD | Other current non-financial assets [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | |
Assets held in foreign currency | $ 18,486 | 20,645 |
USD | Trade and other receivables [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | |
Assets held in foreign currency | $ 400,753 | 230,214 |
USD | Receivables from related parties [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | |
Assets held in foreign currency | $ 83,088 | 61,379 |
USD | Current Inventories [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | |
Assets held in foreign currency | $ 1,183,776 | 1,093,028 |
USD | Current tax assets [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | |
Assets held in foreign currency | $ 154,709 | 128,529 |
USD | Non-current assets or groups of assets classified as held for sale [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | |
Assets held in foreign currency | $ 582 | 1,629 |
USD | Other non-current non-financial assets [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | |
Assets held in foreign currency | $ 30,906 | 21,236 |
USD | Non-current right receivable [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | |
Assets held in foreign currency | $ 5,239 | 10,061 |
USD | Investments classified using the equity method of accounting [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | |
Assets held in foreign currency | $ 20,526 | 23,417 |
USD | Intangible assets other than goodwill [member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | |
Assets held in foreign currency | $ 172,399 | 176,282 |
USD | Purchases goodwill, gross [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | |
Assets held in foreign currency | $ 34,438 | 34,438 |
USD | Property, Plant and Equipment [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | |
Assets held in foreign currency | $ 1,990,120 | 1,719,358 |
USD | Right-of-use assets [member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | |
Assets held in foreign currency | $ 31,360 | 25,238 |
USD | Current Tax Assets Non Current [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | |
Assets held in foreign currency | $ 90,364 | 90,364 |
USD | Other non current financial assets [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | |
Assets held in foreign currency | $ 9,180 | 51,828 |
ARS | Other current non-financial assets [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | AUD | |
Assets held in foreign currency | $ 11,066 | 224 |
BRL | Other current non-financial assets [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | CLF | |
Assets held in foreign currency | $ 150 | 53 |
BRL | Trade and other receivables [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | BRL | |
Assets held in foreign currency | $ 21 | 23 |
BRL | Current tax assets [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | BRL | |
Assets held in foreign currency | $ 1 | 0 |
BRL | Other non-current non-financial assets [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | BRL | |
Assets held in foreign currency | $ 16 | 17 |
BRL | Property, Plant and Equipment [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | BRL | |
Assets held in foreign currency | $ 111 | 111 |
CLF | Other current financial assets [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | BRL | |
Assets held in foreign currency | $ 48 | 0 |
CLF | Other current non-financial assets [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | CLP | |
Assets held in foreign currency | $ 27,536 | 27,837 |
CLF | Trade and other receivables [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | CLF | |
Assets held in foreign currency | $ 459 | 545 |
CLF | Non-current right receivable [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | CLF | |
Assets held in foreign currency | $ 86 | 152 |
CLP | Cash and cash equivalent [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | CLP | |
Assets held in foreign currency | $ 4,416 | 7,190 |
CLP | Other current financial assets [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | CLP | |
Assets held in foreign currency | $ 250,641 | 202,176 |
CLP | Other current non-financial assets [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | CNY | |
Assets held in foreign currency | $ 5,213 | 1,661 |
CLP | Trade and other receivables [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | CLP | |
Assets held in foreign currency | $ 43,496 | 47,133 |
CLP | Current tax assets [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | CLP | |
Assets held in foreign currency | $ 1,727 | 3,015 |
CLP | Other non-current non-financial assets [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | CLP | |
Assets held in foreign currency | $ 670 | 782 |
CLP | Non-current right receivable [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | CLP | |
Assets held in foreign currency | $ 821 | 850 |
CLP | Intangible assets other than goodwill [member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | CLP | |
Assets held in foreign currency | $ 124 | 182 |
CLP | Property, Plant and Equipment [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | CLP | |
Assets held in foreign currency | $ 3,180 | 3,237 |
CLP | Other non current financial assets [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | CLP | |
Assets held in foreign currency | $ 20 | 20 |
CNY | Cash and cash equivalent [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | CNY | |
Assets held in foreign currency | $ 30,102 | 11,597 |
CNY | Other current non-financial assets [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | EUR | |
Assets held in foreign currency | $ 1,050 | 1,531 |
CNY | Trade and other receivables [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | CNY | |
Assets held in foreign currency | $ 108,822 | 22,882 |
CNY | Intangible assets other than goodwill [member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | CNY | |
Assets held in foreign currency | $ 145 | 222 |
EUR | Cash and cash equivalent [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | EUR | |
Assets held in foreign currency | $ 14,374 | 17,144 |
EUR | Other current non-financial assets [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | COP | |
Assets held in foreign currency | $ 153 | 70 |
EUR | Trade and other receivables [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | EUR | |
Assets held in foreign currency | $ 35,514 | 22,868 |
EUR | Receivables from related parties [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | EUR | |
Assets held in foreign currency | $ 1,150 | 1,222 |
EUR | Current tax assets [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | EUR | |
Assets held in foreign currency | $ 171 | 218 |
EUR | Other non-current non-financial assets [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | EUR | |
Assets held in foreign currency | $ 6 | 7 |
EUR | Investments classified using the equity method of accounting [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | EUR | |
Assets held in foreign currency | $ 11,419 | 11,082 |
EUR | Intangible assets other than goodwill [member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | EUR | |
Assets held in foreign currency | $ 6,963 | 696 |
EUR | Purchases goodwill, gross [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | EUR | |
Assets held in foreign currency | $ 158 | 7,528 |
EUR | Property, Plant and Equipment [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | EUR | |
Assets held in foreign currency | $ 9,972 | 10,954 |
EUR | Right-of-use assets [member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | EUR | |
Assets held in foreign currency | $ 2,040 | 2,428 |
GBP | Cash and cash equivalent [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | GBP | |
Assets held in foreign currency | $ 1 | 19 |
GBP | Trade and other receivables [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | GBP | |
Assets held in foreign currency | $ 46 | 682 |
AUD | Cash and cash equivalent [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | AUD | |
Assets held in foreign currency | $ 72,107 | 1,411 |
AUD | Trade and other receivables [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | AUD | |
Assets held in foreign currency | $ 1,214 | 589 |
AUD | Receivables from related parties [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | AUD | |
Assets held in foreign currency | $ 1,914 | 0 |
AUD | Other non-current non-financial assets [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | AUD | |
Assets held in foreign currency | $ 1,877 | 0 |
INR | Cash and cash equivalent [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | INR | |
Assets held in foreign currency | $ 0 | 6 |
INR | Investments classified using the equity method of accounting [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | INR | |
Assets held in foreign currency | $ 0 | 1,304 |
MXN | Cash and cash equivalent [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | MXN | |
Assets held in foreign currency | $ 1,827 | 1,378 |
MXN | Other current non-financial assets [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | MXN | |
Assets held in foreign currency | $ 6,092 | 4,488 |
MXN | Trade and other receivables [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | MXN | |
Assets held in foreign currency | $ 237 | 355 |
MXN | Current tax assets [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | MXN | |
Assets held in foreign currency | $ 31 | 0 |
MXN | Non-current right receivable [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | MXN | |
Assets held in foreign currency | $ 26 | 102 |
MXN | Intangible assets other than goodwill [member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | MXN | |
Assets held in foreign currency | $ 0 | 1,025 |
MXN | Property, Plant and Equipment [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | MXN | |
Assets held in foreign currency | $ 2,620 | 2,494 |
MXN | Right-of-use assets [member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | MXN | |
Assets held in foreign currency | $ 1,862 | 2,298 |
PEN | Cash and cash equivalent [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | PEN | |
Assets held in foreign currency | $ 6 | 3 |
PEN | Trade and other receivables [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | PEN | |
Assets held in foreign currency | $ 0 | 1 |
PEN | Current tax assets [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | PEN | |
Assets held in foreign currency | $ 3 | 4 |
YEN | Cash and cash equivalent [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | JPY | |
Assets held in foreign currency | $ 1,182 | 1,646 |
YEN | Other current non-financial assets [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | JPY | |
Assets held in foreign currency | $ 73 | 157 |
YEN | Trade and other receivables [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | JPY | |
Assets held in foreign currency | $ 36,000 | 23,010 |
YEN | Other non current financial assets [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | JPY | |
Assets held in foreign currency | $ 68 | 77 |
ZAR | Cash and cash equivalent [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | ZAR | |
Assets held in foreign currency | $ 13,048 | 14,286 |
ZAR | Other current non-financial assets [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | ZAR | |
Assets held in foreign currency | $ 42 | 646 |
ZAR | Trade and other receivables [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | ZAR | |
Assets held in foreign currency | $ 23,568 | 12,504 |
ZAR | Current tax assets [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | ZAR | |
Assets held in foreign currency | $ 13 | 26 |
Colombia, Pesos | Trade and other receivables [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | COP | |
Assets held in foreign currency | $ 2,055 | 2,675 |
Colombia, Pesos | Current tax assets [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | COP | |
Assets held in foreign currency | $ 887 | 417 |
Colombia, Pesos | Property, Plant and Equipment [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | COP | |
Assets held in foreign currency | $ 105 | 120 |
Thailand, Baht | Other current non-financial assets [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | THB | |
Assets held in foreign currency | $ 8 | 70 |
Thailand, Baht | Trade and other receivables [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | THB | |
Assets held in foreign currency | $ 0 | 1,167 |
Thailand, Baht | Current tax assets [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | THB | |
Assets held in foreign currency | $ 0 | 15 |
Thailand, Baht | Investments classified using the equity method of accounting [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | THB | |
Assets held in foreign currency | $ 0 | 1,624 |
AED | Cash and cash equivalent [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | AED | |
Assets held in foreign currency | $ 1 | 0 |
AED | Trade and other receivables [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | AED | |
Assets held in foreign currency | $ 1,888 | 533 |
AED | Investments classified using the equity method of accounting [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | AED | |
Assets held in foreign currency | $ 7,879 | 47,774 |
AED | Property, Plant and Equipment [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | AED | |
Assets held in foreign currency | $ 6,008 | 923 |
AED | Right-of-use assets [member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | AED | |
Assets held in foreign currency | $ 17,346 | 60 |
TRY | Investments classified using the equity method of accounting [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | TRY | |
Assets held in foreign currency | $ 0 | 792 |
IDR | Cash and cash equivalent [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | IDR | |
Assets held in foreign currency | $ 3 | 3 |
KRW | Cash and cash equivalent [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | KRW | |
Assets held in foreign currency | $ 0 | 16 |
KRW | Other non-current non-financial assets [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | KRW | |
Assets held in foreign currency | $ 12 | 0 |
KRW | Intangible assets other than goodwill [member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | KRW | |
Assets held in foreign currency | $ 27 | 0 |
KRW | Property, Plant and Equipment [Member] | Non-current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | KRW | |
Assets held in foreign currency | $ 109 | 122 |
PLN | Cash and cash equivalent [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | PLN | |
Assets held in foreign currency | $ 1 | 1 |
SEK | Other current non-financial assets [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | SEK | |
Assets held in foreign currency | $ 1 | 17 |
SEK | Trade and other receivables [Member] | Current assets [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | SEK | |
Assets held in foreign currency | $ 0 | $ 25 |
Disclosures on the effects of_4
Disclosures on the effects of fluctuations in foreign currency exchange rates (Details 1) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | $ 3,828,326 | $ 2,655,885 |
Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 991,709 | 475,882 |
Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 2,836,617 | 2,180,003 |
Other current financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 51,305 | 68,955 |
Other current provisions [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 317,666 | 104,166 |
Deferred Tax Liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 110,416 | 156,101 |
Lease liabilities, current [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 7,704 | 5,528 |
Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | $ 279,650 | 203,933 |
Current tax liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | ||
Liabilities held in foreign currencies | $ 166,935 | 22,643 |
Other non-current provisions [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 61,038 | 62,617 |
Provisions for employee benefits, current [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 9,096 | |
Provisions for employee benefits, current [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 26,775 | |
Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 141,674 | 60,955 |
Other non current financial liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 2,587,732 | $ 1,899,513 |
Trade payables due to related parties, current [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | $ 324 | |
Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | ||
Liabilities held in foreign currencies | $ 46,519 | $ 25,546 |
Non-current Trade and other payables [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 3,813 | 4,027 |
Provisions for employee benefits, non-current [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 27,099 | 32,199 |
Up to 90 days [member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 523,989 | 434,237 |
Up to 90 days [member] | Other current financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 46,778 | 63,950 |
Up to 90 days [member] | Other current provisions [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 54,334 | 103,468 |
Up to 90 days [member] | Lease liabilities, current [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Up to 90 days [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 278,590 | 203,933 |
Up to 90 days [member] | Current tax liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Up to 90 days [member] | Provisions for employee benefits, current [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 14,727 | 3,085 |
Up to 90 days [member] | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 129,560 | 59,477 |
Up to 90 days [member] | Trade payables due to related parties, current [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 282 |
Later than three months and not later than one year [member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 467,720 | 41,645 |
Later than three months and not later than one year [member] | Other current financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 4,527 | 5,005 |
Later than three months and not later than one year [member] | Other current provisions [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 263,332 | 698 |
Later than three months and not later than one year [member] | Lease liabilities, current [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 7,704 | 5,528 |
Later than three months and not later than one year [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 1,060 | 0 |
Later than three months and not later than one year [member] | Current tax liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 166,935 | 22,643 |
Later than three months and not later than one year [member] | Provisions for employee benefits, current [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 12,048 | 6,011 |
Later than three months and not later than one year [member] | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 12,114 | 1,478 |
Later than three months and not later than one year [member] | Trade payables due to related parties, current [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 606 |
Over 1 year to 2 [member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 396,545 | 53,587 |
Over 1 year to 2 [member] | Deferred Tax Liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Over 1 year to 2 [member] | Other non-current provisions [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Over 1 year to 2 [member] | Other non current financial liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 369,446 | 0 |
Over 1 year to 2 [member] | Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 21,388 |
Over 1 year to 2 [member] | Non-current Trade and other payables [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Over 1 year to 2 [member] | Provisions for employee benefits, non-current [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 27,099 | 32,199 |
Over 2 years to 3 [member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 88,584 | 354,067 |
Over 2 years to 3 [member] | Deferred Tax Liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 919 | 919 |
Over 2 years to 3 [member] | Other non-current provisions [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 4,257 | 36,391 |
Over 2 years to 3 [member] | Other non current financial liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 72,900 | 312,730 |
Over 2 years to 3 [member] | Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 6,695 | 0 |
Over 2 years to 3 [member] | Non-current Trade and other payables [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 3,813 | 4,027 |
Over 2 years to 3 [member] | Provisions for employee benefits, non-current [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Over 3 years to 4 [member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 249,097 | 69,376 |
Over 3 years to 4 [member] | Deferred Tax Liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Over 3 years to 4 [member] | Other non-current provisions [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Over 3 years to 4 [member] | Other non current financial liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 249,097 | 69,376 |
Over 3 years to 4 [member] | Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Over 3 years to 4 [member] | Non-current Trade and other payables [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Over 3 years to 4 [member] | Provisions for employee benefits, non-current [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Over 4 to 5 years [member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 70,841 | 248,664 |
Over 4 to 5 years [member] | Deferred Tax Liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Over 4 to 5 years [member] | Other non-current provisions [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 31,017 | 0 |
Over 4 to 5 years [member] | Other non current financial liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 248,664 |
Over 4 to 5 years [member] | Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 39,824 | 0 |
Over 4 to 5 years [member] | Non-current Trade and other payables [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Over 4 to 5 years [member] | Provisions for employee benefits, non-current [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Over 5 years [member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 2,031,550 | 1,454,309 |
Over 5 years [member] | Deferred Tax Liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 109,497 | 155,182 |
Over 5 years [member] | Other non-current provisions [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 25,764 | 26,226 |
Over 5 years [member] | Other non current financial liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 1,896,289 | 1,268,743 |
Over 5 years [member] | Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 4,158 |
Over 5 years [member] | Non-current Trade and other payables [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Over 5 years [member] | Provisions for employee benefits, non-current [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | $ 0 | 0 |
Argentina, Pesos | Provisions for employee benefits, non-current [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 117 | |
Argentina, Pesos | Up to 90 days [member] | Provisions for employee benefits, non-current [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | |
Argentina, Pesos | Later than three months and not later than one year [member] | Provisions for employee benefits, non-current [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 117 | |
United States of America, Dollars | Other current financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | |
Liabilities held in foreign currencies | $ 32,753 | 47,894 |
United States of America, Dollars | Other current provisions [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | |
Liabilities held in foreign currencies | $ 317,466 | $ 103,950 |
United States of America, Dollars | Deferred Tax Liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | USD |
Liabilities held in foreign currencies | $ 110,416 | $ 156,101 |
United States of America, Dollars | Lease liabilities, current [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | |
Liabilities held in foreign currencies | $ 4,465 | 4,750 |
United States of America, Dollars | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | |
Liabilities held in foreign currencies | $ 98,994 | 83,425 |
United States of America, Dollars | Current tax liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | |
Liabilities held in foreign currencies | $ 159,535 | $ 20,981 |
United States of America, Dollars | Other non-current provisions [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | USD |
Liabilities held in foreign currencies | $ 61,038 | $ 62,617 |
United States of America, Dollars | Provisions for employee benefits, current [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | |
Liabilities held in foreign currencies | $ 26,117 | 8,992 |
United States of America, Dollars | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | |
Liabilities held in foreign currencies | $ 108,236 | $ 52,392 |
United States of America, Dollars | Other non current financial liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | USD |
Liabilities held in foreign currencies | $ 2,214,916 | $ 1,469,169 |
United States of America, Dollars | Trade payables due to related parties, current [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | |
Liabilities held in foreign currencies | $ 0 | $ 282 |
United States of America, Dollars | Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | USD |
Liabilities held in foreign currencies | $ 29,869 | $ 6,135 |
United States of America, Dollars | Non-current Trade and other payables [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | USD |
Liabilities held in foreign currencies | $ 3,813 | $ 4,027 |
United States of America, Dollars | Provisions for employee benefits, non-current [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | USD | USD |
Liabilities held in foreign currencies | $ 26,710 | $ 31,585 |
United States of America, Dollars | Up to 90 days [member] | Other current financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 28,519 | 43,218 |
United States of America, Dollars | Up to 90 days [member] | Other current provisions [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 54,134 | 103,252 |
United States of America, Dollars | Up to 90 days [member] | Lease liabilities, current [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
United States of America, Dollars | Up to 90 days [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 98,918 | 83,425 |
United States of America, Dollars | Up to 90 days [member] | Current tax liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
United States of America, Dollars | Up to 90 days [member] | Provisions for employee benefits, current [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 14,341 | 2,981 |
United States of America, Dollars | Up to 90 days [member] | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 99,643 | 51,995 |
United States of America, Dollars | Up to 90 days [member] | Trade payables due to related parties, current [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
United States of America, Dollars | Later than three months and not later than one year [member] | Other current financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 4,234 | 4,676 |
United States of America, Dollars | Later than three months and not later than one year [member] | Other current provisions [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 263,332 | 698 |
United States of America, Dollars | Later than three months and not later than one year [member] | Lease liabilities, current [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 4,465 | 4,750 |
United States of America, Dollars | Later than three months and not later than one year [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 76 | 0 |
United States of America, Dollars | Later than three months and not later than one year [member] | Current tax liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 159,535 | 20,981 |
United States of America, Dollars | Later than three months and not later than one year [member] | Provisions for employee benefits, current [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 11,776 | 6,011 |
United States of America, Dollars | Later than three months and not later than one year [member] | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 8,593 | 397 |
United States of America, Dollars | Later than three months and not later than one year [member] | Trade payables due to related parties, current [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 282 |
United States of America, Dollars | Over 1 year to 2 [member] | Deferred Tax Liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
United States of America, Dollars | Over 1 year to 2 [member] | Other non-current provisions [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
United States of America, Dollars | Over 1 year to 2 [member] | Other non current financial liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 369,446 | 0 |
United States of America, Dollars | Over 1 year to 2 [member] | Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 1,977 |
United States of America, Dollars | Over 1 year to 2 [member] | Non-current Trade and other payables [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
United States of America, Dollars | Over 1 year to 2 [member] | Provisions for employee benefits, non-current [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 26,710 | 31,585 |
United States of America, Dollars | Over 2 years to 3 [member] | Deferred Tax Liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 919 | 919 |
United States of America, Dollars | Over 2 years to 3 [member] | Other non-current provisions [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 4,257 | 36,391 |
United States of America, Dollars | Over 2 years to 3 [member] | Other non current financial liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 72,900 | 312,730 |
United States of America, Dollars | Over 2 years to 3 [member] | Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 6,695 | 0 |
United States of America, Dollars | Over 2 years to 3 [member] | Non-current Trade and other payables [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 3,813 | 4,027 |
United States of America, Dollars | Over 2 years to 3 [member] | Provisions for employee benefits, non-current [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
United States of America, Dollars | Over 3 years to 4 [member] | Deferred Tax Liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
United States of America, Dollars | Over 3 years to 4 [member] | Other non-current provisions [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
United States of America, Dollars | Over 3 years to 4 [member] | Other non current financial liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 249,097 | 69,376 |
United States of America, Dollars | Over 3 years to 4 [member] | Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
United States of America, Dollars | Over 3 years to 4 [member] | Non-current Trade and other payables [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
United States of America, Dollars | Over 3 years to 4 [member] | Provisions for employee benefits, non-current [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
United States of America, Dollars | Over 4 to 5 years [member] | Deferred Tax Liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
United States of America, Dollars | Over 4 to 5 years [member] | Other non-current provisions [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 31,017 | 0 |
United States of America, Dollars | Over 4 to 5 years [member] | Other non current financial liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 248,664 |
United States of America, Dollars | Over 4 to 5 years [member] | Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 23,714 | 0 |
United States of America, Dollars | Over 4 to 5 years [member] | Non-current Trade and other payables [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
United States of America, Dollars | Over 4 to 5 years [member] | Provisions for employee benefits, non-current [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
United States of America, Dollars | Over 5 years [member] | Deferred Tax Liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 109,497 | 155,182 |
United States of America, Dollars | Over 5 years [member] | Other non-current provisions [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 25,764 | 26,226 |
United States of America, Dollars | Over 5 years [member] | Other non current financial liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 1,523,473 | 838,399 |
United States of America, Dollars | Over 5 years [member] | Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 4,158 |
United States of America, Dollars | Over 5 years [member] | Non-current Trade and other payables [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
United States of America, Dollars | Over 5 years [member] | Provisions for employee benefits, non-current [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | $ 0 | 0 |
Unidad de Fomento (funds code) | Other current financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | CLF | |
Liabilities held in foreign currencies | $ 18,552 | 21,061 |
Unidad de Fomento (funds code) | Lease liabilities, current [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | CLF | |
Liabilities held in foreign currencies | $ 2,263 | 0 |
Unidad de Fomento (funds code) | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | CLF | |
Liabilities held in foreign currencies | $ 1,330 | $ 123 |
Unidad de Fomento (funds code) | Other non current financial liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | CLF | CLF |
Liabilities held in foreign currencies | $ 372,816 | $ 430,344 |
Unidad de Fomento (funds code) | Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | UF | UF |
Liabilities held in foreign currencies | $ 13,313 | $ 15,258 |
Unidad de Fomento (funds code) | Up to 90 days [member] | Other current financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 18,259 | 20,732 |
Unidad de Fomento (funds code) | Up to 90 days [member] | Lease liabilities, current [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Unidad de Fomento (funds code) | Up to 90 days [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 1,330 | 123 |
Unidad de Fomento (funds code) | Later than three months and not later than one year [member] | Other current financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 293 | 329 |
Unidad de Fomento (funds code) | Later than three months and not later than one year [member] | Lease liabilities, current [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 2,263 | 0 |
Unidad de Fomento (funds code) | Later than three months and not later than one year [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Unidad de Fomento (funds code) | Over 1 year to 2 [member] | Other non current financial liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Unidad de Fomento (funds code) | Over 1 year to 2 [member] | Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 15,258 |
Unidad de Fomento (funds code) | Over 2 years to 3 [member] | Other non current financial liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Unidad de Fomento (funds code) | Over 2 years to 3 [member] | Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Unidad de Fomento (funds code) | Over 3 years to 4 [member] | Other non current financial liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Unidad de Fomento (funds code) | Over 3 years to 4 [member] | Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Unidad de Fomento (funds code) | Over 4 to 5 years [member] | Other non current financial liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Unidad de Fomento (funds code) | Over 4 to 5 years [member] | Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 13,313 | 0 |
Unidad de Fomento (funds code) | Over 5 years [member] | Other non current financial liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 372,816 | 430,344 |
Unidad de Fomento (funds code) | Over 5 years [member] | Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | $ 0 | 0 |
Chile, Pesos | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | CLP | |
Liabilities held in foreign currencies | $ 115,504 | 73,857 |
Chile, Pesos | Current tax liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | CLP | |
Liabilities held in foreign currencies | $ 12 | 61 |
Chile, Pesos | Provisions for employee benefits, current [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | CLP | |
Liabilities held in foreign currencies | $ 0 | 3 |
Chile, Pesos | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | CLP | |
Liabilities held in foreign currencies | $ 9,283 | $ 7,056 |
Chile, Pesos | Provisions for employee benefits, non-current [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | CLP | CLP |
Liabilities held in foreign currencies | $ 389 | $ 610 |
Chile, Pesos | Up to 90 days [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 115,504 | 73,857 |
Chile, Pesos | Up to 90 days [member] | Current tax liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Chile, Pesos | Up to 90 days [member] | Provisions for employee benefits, current [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 3 |
Chile, Pesos | Up to 90 days [member] | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 6,342 | 6,264 |
Chile, Pesos | Later than three months and not later than one year [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Chile, Pesos | Later than three months and not later than one year [member] | Current tax liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 12 | 61 |
Chile, Pesos | Later than three months and not later than one year [member] | Provisions for employee benefits, current [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Chile, Pesos | Later than three months and not later than one year [member] | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 2,941 | 792 |
Chile, Pesos | Over 1 year to 2 [member] | Provisions for employee benefits, non-current [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 389 | 610 |
Chile, Pesos | Over 2 years to 3 [member] | Provisions for employee benefits, non-current [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Chile, Pesos | Over 3 years to 4 [member] | Provisions for employee benefits, non-current [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Chile, Pesos | Over 4 to 5 years [member] | Provisions for employee benefits, non-current [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Chile, Pesos | Over 5 years [member] | Provisions for employee benefits, non-current [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | $ 0 | 0 |
Brazil, Brazil Real | Other current provisions [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | CLP | |
Liabilities held in foreign currencies | $ 200 | 216 |
Brazil, Brazil Real | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | BRL | |
Liabilities held in foreign currencies | $ 5 | 9 |
Brazil, Brazil Real | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | BRL | |
Liabilities held in foreign currencies | $ 1 | 2 |
Brazil, Brazil Real | Up to 90 days [member] | Other current provisions [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 200 | 216 |
Brazil, Brazil Real | Up to 90 days [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 5 | 9 |
Brazil, Brazil Real | Up to 90 days [member] | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 1 | 2 |
Brazil, Brazil Real | Later than three months and not later than one year [member] | Other current provisions [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Brazil, Brazil Real | Later than three months and not later than one year [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Brazil, Brazil Real | Later than three months and not later than one year [member] | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | $ 0 | 0 |
Thailand, Baht | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | THB | |
Liabilities held in foreign currencies | $ 2 | 30 |
Thailand, Baht | Up to 90 days [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 2 | 30 |
Thailand, Baht | Later than three months and not later than one year [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | $ 0 | 0 |
Euro Member Countries, Euro | Lease liabilities, current [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | EUR | |
Liabilities held in foreign currencies | $ 382 | 362 |
Euro Member Countries, Euro | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | EUR | |
Liabilities held in foreign currencies | $ 42,226 | 40,280 |
Euro Member Countries, Euro | Current tax liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | EUR | |
Liabilities held in foreign currencies | $ 5,547 | 642 |
Euro Member Countries, Euro | Provisions for employee benefits, current [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | EUR | |
Liabilities held in foreign currencies | $ 214 | 0 |
Euro Member Countries, Euro | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | EUR | |
Liabilities held in foreign currencies | $ 1,704 | 1,032 |
Euro Member Countries, Euro | Up to 90 days [member] | Lease liabilities, current [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Euro Member Countries, Euro | Up to 90 days [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 41,242 | 40,280 |
Euro Member Countries, Euro | Up to 90 days [member] | Current tax liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Euro Member Countries, Euro | Up to 90 days [member] | Provisions for employee benefits, current [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 214 | 0 |
Euro Member Countries, Euro | Up to 90 days [member] | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 1,281 | 913 |
Euro Member Countries, Euro | Later than three months and not later than one year [member] | Lease liabilities, current [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 382 | 362 |
Euro Member Countries, Euro | Later than three months and not later than one year [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 984 | 0 |
Euro Member Countries, Euro | Later than three months and not later than one year [member] | Current tax liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 5,547 | 642 |
Euro Member Countries, Euro | Later than three months and not later than one year [member] | Provisions for employee benefits, current [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Euro Member Countries, Euro | Later than three months and not later than one year [member] | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | $ 423 | 119 |
United Kingdom, Pounds | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | GBP | |
Liabilities held in foreign currencies | $ 18 | 18 |
United Kingdom, Pounds | Up to 90 days [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 18 | 18 |
United Kingdom, Pounds | Later than three months and not later than one year [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | $ 0 | 0 |
India, Rupees | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | INR | |
Liabilities held in foreign currencies | $ 1 | 1 |
India, Rupees | Up to 90 days [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 1 | 1 |
India, Rupees | Later than three months and not later than one year [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | $ 0 | 0 |
Mexico, Pesos | Lease liabilities, current [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | MXN | |
Liabilities held in foreign currencies | $ 434 | 416 |
Mexico, Pesos | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | MXN | |
Liabilities held in foreign currencies | $ 881 | 584 |
Mexico, Pesos | Current tax liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | MXN | |
Liabilities held in foreign currencies | $ 1,841 | 959 |
Mexico, Pesos | Provisions for employee benefits, current [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | MXN | |
Liabilities held in foreign currencies | $ 172 | 43 |
Mexico, Pesos | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | MXN | |
Liabilities held in foreign currencies | $ 562 | $ 174 |
Mexico, Pesos | Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | MXN | MXN |
Liabilities held in foreign currencies | $ 1,530 | $ 2,189 |
Mexico, Pesos | Up to 90 days [member] | Lease liabilities, current [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Mexico, Pesos | Up to 90 days [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 881 | 584 |
Mexico, Pesos | Up to 90 days [member] | Current tax liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Mexico, Pesos | Up to 90 days [member] | Provisions for employee benefits, current [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 172 | 43 |
Mexico, Pesos | Up to 90 days [member] | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 562 | 121 |
Mexico, Pesos | Later than three months and not later than one year [member] | Lease liabilities, current [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 434 | 416 |
Mexico, Pesos | Later than three months and not later than one year [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Mexico, Pesos | Later than three months and not later than one year [member] | Current tax liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 1,841 | 959 |
Mexico, Pesos | Later than three months and not later than one year [member] | Provisions for employee benefits, current [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Mexico, Pesos | Later than three months and not later than one year [member] | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 53 |
Mexico, Pesos | Over 1 year to 2 [member] | Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 2,189 |
Mexico, Pesos | Over 2 years to 3 [member] | Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Mexico, Pesos | Over 3 years to 4 [member] | Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Mexico, Pesos | Over 4 to 5 years [member] | Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 1,530 | 0 |
Mexico, Pesos | Over 5 years [member] | Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | $ 0 | 0 |
Peru, Nuevos Soles | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | PEN | |
Liabilities held in foreign currencies | $ 1 | 5 |
Peru, Nuevos Soles | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | PEN | |
Liabilities held in foreign currencies | $ 70 | 70 |
Peru, Nuevos Soles | Up to 90 days [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 1 | 5 |
Peru, Nuevos Soles | Up to 90 days [member] | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 70 | 70 |
Peru, Nuevos Soles | Later than three months and not later than one year [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Peru, Nuevos Soles | Later than three months and not later than one year [member] | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | $ 0 | 0 |
Argentina, Pesos | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | ARS | |
Liabilities held in foreign currencies | $ 47 | |
Argentina, Pesos | Up to 90 days [member] | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 47 | |
Argentina, Pesos | Later than three months and not later than one year [member] | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | $ 0 | |
Japan, Yen | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | JPY | |
Liabilities held in foreign currencies | $ 99 | 0 |
Japan, Yen | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | JPY | |
Liabilities held in foreign currencies | $ 32 | $ 52 |
Japan, Yen | Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | JPY | JPY |
Liabilities held in foreign currencies | $ 1,807 | $ 1,964 |
Japan, Yen | Provisions for employee benefits, non-current [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | JPY | |
Liabilities held in foreign currencies | $ 4 | |
Japan, Yen | Up to 90 days [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 99 | 0 |
Japan, Yen | Up to 90 days [member] | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 32 | 52 |
Japan, Yen | Later than three months and not later than one year [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Japan, Yen | Later than three months and not later than one year [member] | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Japan, Yen | Over 1 year to 2 [member] | Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 1,964 |
Japan, Yen | Over 1 year to 2 [member] | Provisions for employee benefits, non-current [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 4 | |
Japan, Yen | Over 2 years to 3 [member] | Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Japan, Yen | Over 2 years to 3 [member] | Provisions for employee benefits, non-current [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | |
Japan, Yen | Over 3 years to 4 [member] | Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Japan, Yen | Over 3 years to 4 [member] | Provisions for employee benefits, non-current [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | |
Japan, Yen | Over 4 to 5 years [member] | Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 1,807 | 0 |
Japan, Yen | Over 4 to 5 years [member] | Provisions for employee benefits, non-current [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | |
Japan, Yen | Over 5 years [member] | Non-current lease liabilities [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | $ 0 | 0 |
Japan, Yen | Over 5 years [member] | Provisions for employee benefits, non-current [Member] | Non-current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | |
China, Yuan Renminbi | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | CNY | |
Liabilities held in foreign currencies | $ 3,198 | 1,323 |
China, Yuan Renminbi | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | CNY | |
Liabilities held in foreign currencies | $ 20,736 | 60 |
China, Yuan Renminbi | Up to 90 days [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 3,198 | 1,323 |
China, Yuan Renminbi | Up to 90 days [member] | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 20,736 | 60 |
China, Yuan Renminbi | Later than three months and not later than one year [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
China, Yuan Renminbi | Later than three months and not later than one year [member] | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | $ 0 | 0 |
Colombia, Pesos | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | COP | |
Liabilities held in foreign currencies | $ 227 | 175 |
Colombia, Pesos | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | COP | |
Liabilities held in foreign currencies | $ 157 | 0 |
Colombia, Pesos | Up to 90 days [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 227 | 175 |
Colombia, Pesos | Up to 90 days [member] | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Colombia, Pesos | Later than three months and not later than one year [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Colombia, Pesos | Later than three months and not later than one year [member] | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | $ 157 | 0 |
South Africa, Rand | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | ZAR | |
Liabilities held in foreign currencies | $ 1,288 | 1,168 |
South Africa, Rand | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | ZAR | |
Liabilities held in foreign currencies | $ 846 | 0 |
South Africa, Rand | Up to 90 days [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 1,288 | 1,168 |
South Africa, Rand | Up to 90 days [member] | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 846 | 0 |
South Africa, Rand | Later than three months and not later than one year [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
South Africa, Rand | Later than three months and not later than one year [member] | Other current non-financial liabilities [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | $ 0 | 0 |
Australia, Dollars | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | AUD | |
Liabilities held in foreign currencies | $ 15,876 | 2,935 |
Australia, Dollars | Provisions for employee benefits, current [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | AUD | |
Liabilities held in foreign currencies | $ 272 | 58 |
Australia, Dollars | Trade payables due to related parties, current [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Currency | AUD | |
Liabilities held in foreign currencies | $ 0 | 324 |
Australia, Dollars | Up to 90 days [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 15,876 | 2,935 |
Australia, Dollars | Up to 90 days [member] | Provisions for employee benefits, current [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 58 |
Australia, Dollars | Up to 90 days [member] | Trade payables due to related parties, current [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 324 |
Australia, Dollars | Later than three months and not later than one year [member] | Trade and other payables [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 0 | 0 |
Australia, Dollars | Later than three months and not later than one year [member] | Provisions for employee benefits, current [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | 272 | 0 |
Australia, Dollars | Later than three months and not later than one year [member] | Trade payables due to related parties, current [Member] | Current liabilities [Member] | ||
Disclosure of Disclosures on the effects of fluctuations in foreign currency exchange rates [Line Items] | ||
Liabilities held in foreign currencies | $ 0 | $ 0 |
Disclosures on the effects of_5
Disclosures on the effects of fluctuations in foreign currency exchange rates (Details 2) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Effect Of Exchange Rate Changes On The Statement Of Income [Abstract] | |||
Profit (loss) in foreign currency | $ (17,241) | $ (4,423) | $ (2,169) |
Foreign Currency Translation Reserve | 4,240 | 14,000 | 562 |
Total | $ (13,001) | $ 9,577 | $ (1,607) |
Income tax and deferred taxes_2
Income tax and deferred taxes (Details) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 | |
Statement [Line Items] | |||
Current tax assets, current | $ 157,542 | $ 132,224 | |
Current tax assets, non-current | 90,364 | 90,364 | |
Monthly provisional income tax payments, Chilean companies [Member] | |||
Statement [Line Items] | |||
Current tax assets, current | 435 | 37,123 | |
Current tax assets, non-current | 6,398 | 6,398 | |
Monthly provisional income tax payments, foreign companies [Member] | |||
Statement [Line Items] | |||
Current tax assets, current | 62 | 1,265 | |
Corporate tax credits [Member] | |||
Statement [Line Items] | |||
Current tax assets, current | [1] | 674 | 1,566 |
1st category tax absorbed by tax loss [Member] | |||
Statement [Line Items] | |||
Current tax assets, current | [2] | 26,848 | 2,322 |
Taxes in recovery process [Member] | |||
Statement [Line Items] | |||
Current tax assets, current | 129,523 | 89,948 | |
Specific tax on mining activities paid (on consignment) [Member] | |||
Statement [Line Items] | |||
Current tax assets, non-current | $ 83,966 | $ 83,966 | |
[1] | These credits are available for companies and are related to corporate tax payments in April of the following year. These credits include, among others, credits for training expenses (SENCE), credits for acquisition of fixed assets, donations and credits in Chile for taxes paid abroad. | ||
[2] | This concept corresponds to the tax loss absorptions determined by the company at the end of the year, which must be attributed to the dividends received during the year. |
Income tax and deferred taxes_3
Income tax and deferred taxes (Details 1) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 |
Statement [Line Items] | ||
Current tax liabilities, current | $ 166,935 | $ 22,643 |
1st Category income tax [Member] | ||
Statement [Line Items] | ||
Current tax liabilities, current | 139,842 | 14,736 |
Foreign company income tax [Member] | ||
Statement [Line Items] | ||
Current tax liabilities, current | 27,055 | 7,838 |
Article 21 single tax [Member] | ||
Statement [Line Items] | ||
Current tax liabilities, current | $ 38 | $ 69 |
Income tax and deferred taxes_4
Income tax and deferred taxes (Details 2) | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Income tax and deferred taxes [Line Items] | |||
Applicable tax rate | 27.00% | 27.00% | 27.00% |
Spain [member] | |||
Income tax and deferred taxes [Line Items] | |||
Applicable tax rate | 25.00% | 25.00% | |
Belgium [member] | |||
Income tax and deferred taxes [Line Items] | |||
Applicable tax rate | 25.00% | 25.00% | |
Mexico [member] | |||
Income tax and deferred taxes [Line Items] | |||
Applicable tax rate | 30.00% | 30.00% | |
United States [member] | Top of range [member] | |||
Income tax and deferred taxes [Line Items] | |||
Applicable tax rate | 3.51% | 3.36% | |
United States [member] | Bottom of range [member] | |||
Income tax and deferred taxes [Line Items] | |||
Applicable tax rate | 21.00% | 21.00% | |
South Africa [member] | |||
Income tax and deferred taxes [Line Items] | |||
Applicable tax rate | 28.00% | 28.00% | |
CHINA | |||
Income tax and deferred taxes [Line Items] | |||
Applicable tax rate | 25.00% | ||
CHINA | Top of range [member] | |||
Income tax and deferred taxes [Line Items] | |||
Applicable tax rate | 25.00% | ||
CHINA | Bottom of range [member] | |||
Income tax and deferred taxes [Line Items] | |||
Applicable tax rate | 12.00% |
Income tax and deferred taxes_5
Income tax and deferred taxes (Details 3) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 |
Statement [Line Items] | |||
Deferred tax assets | $ 213,222 | $ 161,340 | |
Deferred Tax Liabilities, Net | (323,638) | (317,441) | |
Deferred tax liability (asset) | (110,416) | (156,101) | $ (183,411) |
Unrealized loss [Member] | |||
Statement [Line Items] | |||
Deferred tax assets | 144,181 | 90,585 | |
Deferred Tax Liabilities, Net | 0 | 0 | |
Deferred tax liability (asset) | 144,181 | 90,585 | 82,076 |
Property, plant and equipment and capitalized interest [Member] | |||
Statement [Line Items] | |||
Deferred tax assets | 0 | 0 | |
Deferred Tax Liabilities, Net | (189,073) | (187,168) | |
Deferred tax liability (asset) | (189,073) | (187,168) | (197,167) |
Restoration and rehabilitation provision [Member] | |||
Statement [Line Items] | |||
Deferred tax assets | 6,567 | 6,598 | |
Deferred Tax Liabilities, Net | 0 | 0 | |
Deferred tax liability (asset) | 6,567 | 6,597 | |
Manufacturing expenses [Member] | |||
Statement [Line Items] | |||
Deferred tax assets | 0 | 0 | |
Deferred Tax Liabilities, Net | (108,181) | (107,215) | |
Deferred tax liability (asset) | (108,181) | (107,215) | (106,420) |
Employee benefits and unemployment insurance [Member] | |||
Statement [Line Items] | |||
Deferred tax assets | 0 | 0 | |
Deferred Tax Liabilities, Net | (7,485) | (6,669) | |
Deferred tax liability (asset) | (7,486) | (6,669) | (6,000) |
Vacation accrual [Member] | |||
Statement [Line Items] | |||
Deferred tax assets | 6,039 | 6,138 | |
Deferred Tax Liabilities, Net | 0 | 0 | |
Deferred tax liability (asset) | 6,039 | 6,138 | 5,591 |
Inventory provision [Member] | |||
Statement [Line Items] | |||
Deferred tax assets | 20,557 | 22,200 | |
Deferred Tax Liabilities, Net | 0 | 0 | |
Deferred tax liability (asset) | 20,557 | 22,200 | 23,885 |
Materials provision [Member] | |||
Statement [Line Items] | |||
Deferred tax assets | 10,554 | 8,812 | |
Deferred Tax Liabilities, Net | 0 | 0 | |
Deferred tax liability (asset) | 10,554 | 8,812 | 7,982 |
Others employee benefits [Member] | |||
Statement [Line Items] | |||
Deferred tax assets | 929 | ||
Deferred Tax Liabilities, Net | 0 | ||
Research and development expenses [Member] | |||
Statement [Line Items] | |||
Deferred tax assets | 0 | 0 | |
Deferred Tax Liabilities, Net | (5,387) | (3,580) | |
Deferred tax liability (asset) | (5,387) | (3,581) | (3,535) |
bad debt provision [Member] | |||
Statement [Line Items] | |||
Deferred tax assets | 2,708 | 5,072 | |
Deferred Tax Liabilities, Net | 0 | 0 | |
Deferred tax liability (asset) | 2,708 | 5,072 | 3,542 |
Provision for legal complaints and expenses [Member] | |||
Statement [Line Items] | |||
Deferred tax assets | 334 | 19,637 | |
Deferred Tax Liabilities, Net | 0 | 0 | |
Deferred tax liability (asset) | 334 | 19,637 | 2,546 |
Loan approval expenses [Member] | |||
Statement [Line Items] | |||
Deferred tax assets | 0 | 0 | |
Deferred Tax Liabilities, Net | (8,967) | (5,212) | |
Deferred tax liability (asset) | (8,967) | (5,212) | (3,856) |
Junior mining companies valued based on stock price [Member] | |||
Statement [Line Items] | |||
Deferred tax assets | 5,242 | 0 | |
Deferred Tax Liabilities, Net | 0 | (3,929) | |
Deferred tax liability (asset) | 5,243 | (3,929) | (1,287) |
Royality [Member] | |||
Statement [Line Items] | |||
Deferred tax assets | 0 | 0 | |
Deferred Tax Liabilities, Net | (4,545) | (3,014) | |
Deferred tax liability (asset) | (4,545) | (3,012) | (1,354) |
Tax loss benefit [Member] | |||
Statement [Line Items] | |||
Deferred tax assets | 7,113 | 844 | |
Deferred Tax Liabilities, Net | 0 | 0 | |
Deferred tax liability (asset) | 7,113 | 844 | 2,296 |
Other deferred tax assets [Member] | |||
Statement [Line Items] | |||
Deferred tax assets | 8,862 | 1,454 | |
Deferred Tax Liabilities, Net | 0 | 0 | |
Deferred tax liability (asset) | 8,862 | 1,454 | (2,021) |
Foreign items other [Member] | |||
Statement [Line Items] | |||
Deferred tax assets | 136 | 0 | |
Deferred Tax Liabilities, Net | 0 | (654) | |
Deferred tax liability (asset) | $ 136 | $ (654) | $ 311 |
Income tax and deferred taxes_6
Income tax and deferred taxes (Details 4) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2021 | Dec. 31, 2020 | |
Statement [Line Items] | ||
Deferred tax assets and liabilities, net opening balance | $ 156,101 | $ 183,411 |
Deferred tax expense (benefit) recognized in profit (loss) for the year | (27,763) | (29,096) |
Deferred taxes related to items credited (charged) directly to equity | (17,922) | 1,786 |
Total increases (decreases) in deferred tax liabilities (assets) | (45,685) | (27,310) |
Deferred tax liability (asset) at end of period | 110,416 | 156,101 |
Unrealized loss [Member] | ||
Statement [Line Items] | ||
Deferred tax assets and liabilities, net opening balance | (90,585) | (82,076) |
Deferred tax expense (benefit) recognized in profit (loss) for the year | (53,596) | (8,509) |
Deferred taxes related to items credited (charged) directly to equity | 0 | 0 |
Total increases (decreases) in deferred tax liabilities (assets) | (53,596) | (8,509) |
Deferred tax liability (asset) at end of period | (144,181) | (90,585) |
Property, plant and equipment and capitalized interest [Member] | ||
Statement [Line Items] | ||
Deferred tax assets and liabilities, net opening balance | 187,168 | 197,167 |
Deferred tax expense (benefit) recognized in profit (loss) for the year | 1,905 | (9,999) |
Deferred taxes related to items credited (charged) directly to equity | 0 | 0 |
Total increases (decreases) in deferred tax liabilities (assets) | 1,905 | (9,999) |
Deferred tax liability (asset) at end of period | 189,073 | 187,168 |
Restoration and rehabilitation provision [Member] | ||
Statement [Line Items] | ||
Deferred tax assets and liabilities, net opening balance | (6,597) | |
Deferred tax expense (benefit) recognized in profit (loss) for the year | 30 | |
Deferred taxes related to items credited (charged) directly to equity | 0 | |
Total increases (decreases) in deferred tax liabilities (assets) | 30 | |
Deferred tax liability (asset) at end of period | (6,567) | (6,597) |
Facility closure provision [Member] | ||
Statement [Line Items] | ||
Deferred tax assets and liabilities, net opening balance | (6,597) | (7,311) |
Deferred tax expense (benefit) recognized in profit (loss) for the year | 714 | |
Deferred taxes related to items credited (charged) directly to equity | 0 | |
Total increases (decreases) in deferred tax liabilities (assets) | 714 | |
Deferred tax liability (asset) at end of period | (6,597) | |
Manufacturing expenses [Member] | ||
Statement [Line Items] | ||
Deferred tax assets and liabilities, net opening balance | 107,215 | 106,420 |
Deferred tax expense (benefit) recognized in profit (loss) for the year | 966 | 795 |
Deferred taxes related to items credited (charged) directly to equity | 0 | 0 |
Total increases (decreases) in deferred tax liabilities (assets) | 966 | 795 |
Deferred tax liability (asset) at end of period | 108,181 | 107,215 |
Employee benefits and unemployment insurance [Member] | ||
Statement [Line Items] | ||
Deferred tax assets and liabilities, net opening balance | 6,669 | 6,000 |
Deferred tax expense (benefit) recognized in profit (loss) for the year | 687 | 514 |
Deferred taxes related to items credited (charged) directly to equity | 130 | 155 |
Total increases (decreases) in deferred tax liabilities (assets) | 817 | 669 |
Deferred tax liability (asset) at end of period | 7,486 | 6,669 |
Vacation accrual [Member] | ||
Statement [Line Items] | ||
Deferred tax assets and liabilities, net opening balance | (6,138) | (5,591) |
Deferred tax expense (benefit) recognized in profit (loss) for the year | 99 | (547) |
Deferred taxes related to items credited (charged) directly to equity | 0 | 0 |
Total increases (decreases) in deferred tax liabilities (assets) | 99 | (547) |
Deferred tax liability (asset) at end of period | (6,039) | (6,138) |
Inventory provision [Member] | ||
Statement [Line Items] | ||
Deferred tax assets and liabilities, net opening balance | (22,200) | (23,885) |
Deferred tax expense (benefit) recognized in profit (loss) for the year | 1,643 | 1,685 |
Deferred taxes related to items credited (charged) directly to equity | 0 | 0 |
Total increases (decreases) in deferred tax liabilities (assets) | 1,643 | 1,685 |
Deferred tax liability (asset) at end of period | (20,557) | (22,200) |
Materials provision [Member] | ||
Statement [Line Items] | ||
Deferred tax assets and liabilities, net opening balance | (8,812) | (7,982) |
Deferred tax expense (benefit) recognized in profit (loss) for the year | (1,742) | (830) |
Deferred taxes related to items credited (charged) directly to equity | 0 | 0 |
Total increases (decreases) in deferred tax liabilities (assets) | (1,742) | (830) |
Deferred tax liability (asset) at end of period | (10,554) | (8,812) |
Derivative Financial Instruments [Member] | ||
Statement [Line Items] | ||
Deferred tax assets and liabilities, net opening balance | 0 | 0 |
Deferred tax expense (benefit) recognized in profit (loss) for the year | 14,246 | 1,001 |
Deferred taxes related to items credited (charged) directly to equity | (14,246) | (1,001) |
Total increases (decreases) in deferred tax liabilities (assets) | 0 | 0 |
Deferred tax liability (asset) at end of period | 0 | 0 |
Employee benefits [Member] | ||
Statement [Line Items] | ||
Deferred tax assets and liabilities, net opening balance | 0 | (2,689) |
Deferred tax expense (benefit) recognized in profit (loss) for the year | (929) | 2,689 |
Deferred taxes related to items credited (charged) directly to equity | 0 | 0 |
Total increases (decreases) in deferred tax liabilities (assets) | (929) | 2,689 |
Deferred tax liability (asset) at end of period | (929) | 0 |
Research and development expenses [Member] | ||
Statement [Line Items] | ||
Deferred tax assets and liabilities, net opening balance | 3,581 | 3,535 |
Deferred tax expense (benefit) recognized in profit (loss) for the year | 1,806 | 46 |
Deferred taxes related to items credited (charged) directly to equity | 0 | 0 |
Total increases (decreases) in deferred tax liabilities (assets) | 1,806 | 46 |
Deferred tax liability (asset) at end of period | 5,387 | 3,581 |
bad debt provision [Member] | ||
Statement [Line Items] | ||
Deferred tax assets and liabilities, net opening balance | (5,072) | (3,542) |
Deferred tax expense (benefit) recognized in profit (loss) for the year | 2,364 | (1,530) |
Deferred taxes related to items credited (charged) directly to equity | 0 | 0 |
Total increases (decreases) in deferred tax liabilities (assets) | 2,364 | (1,530) |
Deferred tax liability (asset) at end of period | (2,708) | (5,072) |
Provision for legal complaints and expenses [Member] | ||
Statement [Line Items] | ||
Deferred tax assets and liabilities, net opening balance | (19,637) | (2,546) |
Deferred tax expense (benefit) recognized in profit (loss) for the year | 19,303 | (17,091) |
Deferred taxes related to items credited (charged) directly to equity | 0 | 0 |
Total increases (decreases) in deferred tax liabilities (assets) | 19,303 | (17,091) |
Deferred tax liability (asset) at end of period | (334) | (19,637) |
Loan approval expenses [Member] | ||
Statement [Line Items] | ||
Deferred tax assets and liabilities, net opening balance | 5,212 | 3,856 |
Deferred tax expense (benefit) recognized in profit (loss) for the year | 3,755 | 1,356 |
Deferred taxes related to items credited (charged) directly to equity | 0 | 0 |
Total increases (decreases) in deferred tax liabilities (assets) | 3,755 | 1,356 |
Deferred tax liability (asset) at end of period | 8,967 | 5,212 |
Junior mining companies valued based on stock price [Member] | ||
Statement [Line Items] | ||
Deferred tax assets and liabilities, net opening balance | 3,929 | 1,287 |
Deferred tax expense (benefit) recognized in profit (loss) for the year | (5,354) | 0 |
Deferred taxes related to items credited (charged) directly to equity | (3,818) | 2,642 |
Total increases (decreases) in deferred tax liabilities (assets) | (9,172) | 2,642 |
Deferred tax liability (asset) at end of period | (5,243) | 3,929 |
Royalties [Member] | ||
Statement [Line Items] | ||
Deferred tax assets and liabilities, net opening balance | 3,012 | 1,354 |
Deferred tax expense (benefit) recognized in profit (loss) for the year | 1,521 | 1,668 |
Deferred taxes related to items credited (charged) directly to equity | 12 | (10) |
Total increases (decreases) in deferred tax liabilities (assets) | 1,533 | 1,658 |
Deferred tax liability (asset) at end of period | 4,545 | 3,012 |
Tax loss benefit [Member] | ||
Statement [Line Items] | ||
Deferred tax assets and liabilities, net opening balance | (844) | (2,296) |
Deferred tax expense (benefit) recognized in profit (loss) for the year | (6,269) | 1,452 |
Deferred taxes related to items credited (charged) directly to equity | 0 | 0 |
Total increases (decreases) in deferred tax liabilities (assets) | (6,269) | 1,452 |
Deferred tax liability (asset) at end of period | (7,113) | (844) |
Other deferred tax assets [Member] | ||
Statement [Line Items] | ||
Deferred tax assets and liabilities, net opening balance | (1,454) | 2,021 |
Deferred tax expense (benefit) recognized in profit (loss) for the year | (7,408) | (3,475) |
Deferred taxes related to items credited (charged) directly to equity | 0 | 0 |
Total increases (decreases) in deferred tax liabilities (assets) | (7,408) | (3,475) |
Deferred tax liability (asset) at end of period | (8,862) | (1,454) |
Foreign items other [Member] | ||
Statement [Line Items] | ||
Deferred tax assets and liabilities, net opening balance | 654 | (311) |
Deferred tax expense (benefit) recognized in profit (loss) for the year | (790) | 965 |
Deferred taxes related to items credited (charged) directly to equity | 0 | 0 |
Total increases (decreases) in deferred tax liabilities (assets) | (790) | 965 |
Deferred tax liability (asset) at end of period | $ (136) | $ 654 |
Income tax and deferred taxes_7
Income tax and deferred taxes (Details 5) - USD ($) $ in Thousands | Dec. 31, 2021 | Dec. 31, 2020 |
Disclosure of Income tax and deferred taxes [Line Items] | ||
Net operating loss carryforwards | $ 7,113 | $ 844 |
Chile [Member] | ||
Disclosure of Income tax and deferred taxes [Line Items] | ||
Net operating loss carryforwards | 7,113 | 818 |
Foreign [Member] | ||
Disclosure of Income tax and deferred taxes [Line Items] | ||
Net operating loss carryforwards | $ 0 | $ 26 |
Income tax and deferred taxes_8
Income tax and deferred taxes (Details 6) - USD ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2021 | Dec. 31, 2020 | |
Income tax and deferred taxes [Abstract] | ||
Deferred tax assets and liabilities, net opening balance | $ (156,101) | $ (183,411) |
Increase (decrease) in deferred taxes in profit or loss | 27,763 | 29,096 |
Increase (decrease) in deferred taxes in equity | 17,922 | (1,786) |
Deferred tax liability (asset) at end of period | $ (110,416) | $ (156,101) |
Income tax and deferred taxes_9
Income tax and deferred taxes (Details 7) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Current income tax expense | |||
Current tax (expense) | $ (279,105) | $ (97,374) | $ (116,483) |
Adjustments to prior year current income tax | 2,326 | (1,901) | 12,222 |
Current income tax expense, net, total | (276,779) | (99,275) | (104,261) |
Deferred tax expense | |||
Deferred tax expense (income) relating to the creation and reversal of temporary differences | 28,445 | 26,219 | 2,551 |
Tax adjustments related to the creation and reversal of temporary differences from the previous year | 682 | 2,877 | 8,309 |
Total deferred tax benefits, net | 27,763 | 29,096 | (5,758) |
Income tax expense | $ (249,016) | $ (70,179) | $ (110,019) |
Income tax and deferred taxe_10
Income tax and deferred taxes (Details 8) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Current income tax expense by foreign and domestic parties, net | |||
Current income tax expense | $ (276,779) | $ (99,275) | $ (104,261) |
Deferred tax expense by foreign and domestic parties, net | |||
Deferred tax expense | 27,763 | 29,096 | (5,758) |
Income tax expense | (249,016) | (70,179) | (110,019) |
Foreign countries [member] | |||
Current income tax expense by foreign and domestic parties, net | |||
Current income tax expense | (46,748) | (9,782) | (7,394) |
Deferred tax expense by foreign and domestic parties, net | |||
Deferred tax expense | (6,679) | 10,284 | 2,370 |
Country of domicile [member] | |||
Current income tax expense by foreign and domestic parties, net | |||
Current income tax expense | (230,031) | (89,493) | (96,867) |
Deferred tax expense by foreign and domestic parties, net | |||
Deferred tax expense | $ 34,442 | $ 18,812 | $ (8,128) |
Income tax and deferred taxe_11
Income tax and deferred taxes (Details 9) - USD ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Income tax related to other income and expense components with a charge or credit to net equity | |||
Gain (loss) from defined benefit plans | $ 142 | $ 145 | $ (702) |
Cash flow hedge | (14,246) | (1,001) | 2,683 |
Amount before taxes (expense) gain [Member] | |||
Income tax related to other income and expense components with a charge or credit to net equity | |||
Gain (loss) from defined benefit plans | 4,679 | 974 | (3,310) |
Cash flow hedge | (52,762) | (3,706) | 1,908 |
Reserve for gains (losses) from financial assets measured at fair value through other comprehensive income | (12,072) | 9,784 | 1,152 |
Total | (60,155) | 7,052 | (250) |
(Expense) income for income taxes [Member] | |||
Income tax related to other income and expense components with a charge or credit to net equity | |||
Gain (loss) from defined benefit plans | (142) | (145) | 702 |
Cash flow hedge | 14,246 | 1,001 | (2,683) |
Reserve for gains (losses) from financial assets measured at fair value through other comprehensive income | 3,818 | (2,642) | (311) |
Total | 17,922 | (1,786) | (2,292) |
Amount After Taxes Expense Gain [Member] | |||
Income tax related to other income and expense components with a charge or credit to net equity | |||
Gain (loss) from defined benefit plans | 4,537 | 829 | (2,608) |
Cash flow hedge | (38,516) | (2,705) | (775) |
Reserve for gains (losses) from financial assets measured at fair value through other comprehensive income | (8,254) | 7,142 | 841 |
Total | $ (42,233) | $ 5,266 | $ (2,542) |
Income tax and deferred taxe_12
Income tax and deferred taxes (Details 10) - USD ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018 | |
Reconciliation of accounting profit multiplied by applicable tax rates [abstract] | ||||
Consolidated income before taxes | $ 841,221 | $ 238,538 | $ 390,622 | |
Statutory income tax rate in Chile | 27.00% | 27.00% | 27.00% | |
Tax expense using the statutory tax rate | $ (227,130) | $ (64,405) | $ (105,468) | |
Net effect of royalty tax payments | (13,350) | (4,659) | (4,314) | |
Effect of fines affected by article 21 and passive income | (2,617) | (1,804) | (724) | |
Tax effect of revenue from regular activities exempt from taxation | 260 | 1,786 | 2,376 | |
Tax rate effect of non-tax-deductible expenses for determining taxable profit (loss) | (2,226) | (2,987) | (2,128) | |
Tax effect of tax rates supported abroad | (3,016) | (2,077) | (252) | |
Effects of changes resulting from classifying a permanent item as a temporary one | 0 | 4,826 | 0 | |
Other tax effects | (417) | (859) | $ 491 | |
Income tax expense | $ (249,016) | $ (70,179) | $ (110,019) |
Income tax and deferred taxe_13
Income tax and deferred taxes (Details Textual) | 12 Months Ended | ||
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Disclosure of Income tax and deferred taxes [Line Items] | |||
Applicable tax rate | 27.00% | 27.00% | 27.00% |
Prescriptive period for review legal deadline | 3 | ||
Prescriptive period extended for review legal deadline | 6 | ||
Mining Royalties Operation [Member] | |||
Disclosure of Income tax and deferred taxes [Line Items] | |||
Applicable tax rate | 6.51% | ||
Caliche Extraction Operation [Member] | |||
Disclosure of Income tax and deferred taxes [Line Items] | |||
Applicable tax rate | 5.22% | ||
United States | |||
Disclosure of Income tax and deferred taxes [Line Items] | |||
Prescriptive period for review legal deadline | 3 | ||
Prescriptive period extended for review legal deadline | 6 | ||
Mexico | |||
Disclosure of Income tax and deferred taxes [Line Items] | |||
Applicable tax rate | 30.00% | 30.00% | |
Prescriptive period for review legal deadline | 5 | ||
Spain | |||
Disclosure of Income tax and deferred taxes [Line Items] | |||
Prescriptive period for review legal deadline | 4 | ||
Belgium | |||
Disclosure of Income tax and deferred taxes [Line Items] | |||
Prescriptive period for review legal deadline | 3 | ||
Prescriptive period extended for review legal deadline | 5 | ||
South Africa | |||
Disclosure of Income tax and deferred taxes [Line Items] | |||
Applicable tax rate | 28.00% | 28.00% | |
Prescriptive period for review legal deadline | 3 | ||
Prescriptive period extended for review legal deadline | 5 |
Events occurred after the rep_2
Events occurred after the reporting date (Details Textual) | Feb. 25, 2022USD ($) |
Non Adjusting Events After Reporting Period [Member] | |
Disclosure of Events occurred after the reporting date [Line Items] | |
Guarantee settlement related to bonds | $ 60,100 |