XML 81 R61.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Investments in Other Companies (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Investments in Other Companies |
Schedule of investments in other companies |
|  |  |  |  |  |  |  |  |  |  |  | Investment |
|  |  |  | Ownership Interest |  | Equity |  | Book Value |  | Income (Loss) (*) |
|  |  |  | December |  | December |  | December |  | December |  | December |  | December |  | December |  | December |
Company |  | Shareholder |  | 2016 |  | 2017 |  | 2016 |  | 2017 |  | 2016 |  | 2017 |  | 2016 |  | 2017 |
|  |  |  | % |  | % |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |
Associates |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Transbank S.A. |  | Banco de Chile |  | 26.16 |  | 26.16 |  | 49,518 |  | 56,804 |  | 12,954 |  | 15,070 |  | 1,363 |  | 2,117 |
Soc. Operadora de Tarjetas de Crédito Nexus S.A. |  | Banco de Chile |  | 25.81 |  | 25.81 |  | 10,809 |  | 13,781 |  | 2,789 |  | 3,822 |  | 493 |  | 884 |
Administrador Financiero del Transantiago S.A. |  | Banco de Chile |  | 20.00 |  | 20.00 |  | 13,907 |  | 15,490 |  | 2,782 |  | 3,098 |  | 230 |  | 317 |
Redbanc S.A. |  | Banco de Chile |  | 38.13 |  | 38.13 |  | 6,422 |  | 7,484 |  | 2,449 |  | 2,894 |  | 425 |  | 403 |
Centro de Compensación Automatizado S.A. |  | Banco de Chile |  | 33.33 |  | 33.33 |  | 3,985 |  | 4,696 |  | 1,328 |  | 1,589 |  | 248 |  | 236 |
Sociedad Imerc OTC S.A. |  | Banco de Chile |  | 12.33 |  | 12.33 |  | 10,991 |  | 11,490 |  | 1,347 |  | 1,417 |  | 135 |  | 66 |
Sociedad Interbancaria de Depósitos de Valores S.A. |  | Banco de Chile |  | 26.81 |  | 26.81 |  | 3,101 |  | 3,659 |  | 831 |  | 995 |  | 175 |  | 215 |
Soc. Operadora de la Cámara de Compensación de Pagos de Alto Valor S.A. |  | Banco de Chile |  | 15.00 |  | 15.00 |  | 5,472 |  | 5,838 |  | 821 |  | 908 |  | 100 |  | 66 |
Subtotal |  |  |  |  |  |  |  | 104,205 |  | 119,242 |  | 25,301 |  | 29,793 |  | 3,169 |  | 4,304 |
Joint Venture |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Servipag Ltda. |  | Banco de Chile |  | 50.00 |  | 50.00 |  | 8,596 |  | 9,997 |  | 4,298 |  | 4,999 |  | 409 |  | 700 |
Artikos Chile S.A. |  | Banco de Chile |  | 50.00 |  | 50.00 |  | 1,431 |  | 1,654 |  | 715 |  | 979 |  | 441 |  | 507 |
Subtotal |  |  |  |  |  |  |  | 10,027 |  | 11,651 |  | 5,013 |  | 5,978 |  | 850 |  | 1,207 |
Total |  |  |  |  |  |  |  | 114,232 |  | 130,893 |  | 30,314 |  | 35,771 |  | 4,019 |  | 5,511 |
(*) The year 2016 does not include a loss of Ch$5 million recognized by the subsidiary Banchile Asesoría Financiera for its investment held in the subsidiary Promarket S.A., which was dissolved on December 30, 2016.
Schedule of total carrying amount of the Bank's associates |
|  | 2016 |
Associate’s statement of financial position |  | Centro de Compensación Automatizado S.A. |  | Soc. Operadora de la Cámara de Compensación de Pagos de Alto Valor S.A. |  | Soc. Operadora de Tarjetas de Crédito Nexus S.A. |  | Sociedad Interbancaria de Depósitos de Valores S.A. |  | Redbanc S.A. |  | Transbank S.A. |  | Administrador Financiero del Transantiago S.A. |  | Sociedad Imerc OTC S.A. |  | Total |
|  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |
Current assets |  | 1,748 |  | 5,731 |  | 10,915 |  | 71 |  | 4,642 |  | 647,384 |  | 51,803 |  | 21,722 |  | 744,016 |
Non-current assets |  | 3,760 |  | 368 |  | 19,123 |  | 3,133 |  | 15,285 |  | 63,091 |  | 819 |  | 7,536 |  | 113,115 |
Total Assets |  | 5,508 |  | 6,099 |  | 30,038 |  | 3,204 |  | 19,927 |  | 710,475 |  | 52,622 |  | 29,258 |  | 857,131 |
Current liabilities |  | 1,146 |  | 627 |  | 15,141 |  | 103 |  | 7,884 |  | 660,720 |  | 37,912 |  | 15,192 |  | 738,725 |
Non-current liabilities |  | 377 |  | — |  | 4,088 |  | — |  | 5,621 |  | 237 |  | 803 |  | 3,066 |  | 14,192 |
Total Liabilities |  | 1,523 |  | 627 |  | 19,229 |  | 103 |  | 13,505 |  | 660,957 |  | 38,715 |  | 18,258 |  | 752,917 |
Equity |  | 3,985 |  | 5,472 |  | 10,809 |  | 3,101 |  | 6,422 |  | 49,518 |  | 13,907 |  | 10,991 |  | 104,205 |
Minority interest |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 9 |  | 9 |
Total Liabilities and Equity |  | 5,508 |  | 6,099 |  | 30,038 |  | 3,204 |  | 19,927 |  | 710,475 |  | 52,622 |  | 29,258 |  | 857,131 |
Associate’s revenue and profit |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue |  | 2,138 |  | 3,142 |  | 48,150 |  | 2 |  | 33,603 |  | 156,207 |  | 3,292 |  | 6,260 |  | 252,794 |
Operating expenses |  | (1,165 | ) | (2,497 | ) | (45,658 | ) | (30 | ) | (31,686 | ) | (150,785 | ) | (2,142 | ) | (4,953 | ) | (238,916 | )
Other income (expenses) |  | (28 | ) | 168 |  | (121 | ) | 694 |  | (446 | ) | 1,047 |  | 624 |  | 12 |  | 1,950 |
Income (loss) before taxes |  | 945 |  | 813 |  | 2,371 |  | 666 |  | 1,471 |  | 6,469 |  | 1,774 |  | 1,319 |  | 15,828 |
Income tax |  | (201 | ) | (156 | ) | (460 | ) | — |  | (356 | ) | (1,260 | ) | (624 | ) | (225 | ) | (3,282 | )
Net income for the year |  | 744 |  | 657 |  | 1,911 |  | 666 |  | 1,115 |  | 5,209 |  | 1,150 |  | 1,094 |  | 12,546 |
|  | 2017 |
Associate’s statement of financial position |  | Centro de Compensación Automatizado S.A. |  | Soc. Operadora de la Cámara de Compensación de Pagos de Alto Valor S.A. |  | Soc. Operadora de Tarjetas de Crédito Nexus S.A. |  | Sociedad Interbancaria de Depósitos de Valores S.A. |  | Redbanc S.A. |  | Transbank S.A. |  | Administrador Financiero del Transantiago S.A. |  | Sociedad Imerc OTC S.A. |  | Total |
|  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |
Current assets |  | 2,351 |  | 5,114 |  | 11,114 |  | 51 |  | 6,371 |  | 744,681 |  | 50,474 |  | 11,270 |  | 831,426 |
Non-current assets |  | 4,520 |  | 1,224 |  | 21,555 |  | 3,669 |  | 14,864 |  | 76,097 |  | 830 |  | 6,643 |  | 129,402 |
Total Assets |  | 6,871 |  | 6,338 |  | 32,669 |  | 3,720 |  | 21,235 |  | 820,778 |  | 51,304 |  | 17,913 |  | 960,828 |
Current liabilities |  | 1,826 |  | 500 |  | 13,735 |  | 61 |  | 8,702 |  | 763,236 |  | 34,896 |  | 3,302 |  | 826,258 |
Non-current liabilities |  | 349 |  | — |  | 5,153 |  | — |  | 5,049 |  | 738 |  | 918 |  | 3,112 |  | 15,319 |
Total Liabilities |  | 2,175 |  | 500 |  | 18,888 |  | 61 |  | 13,751 |  | 763,974 |  | 35,814 |  | 6,414 |  | 841,577 |
Equity |  | 4,696 |  | 5,838 |  | 13,781 |  | 3,659 |  | 7,484 |  | 56,804 |  | 15,490 |  | 11,490 |  | 119,242 |
Minority interest |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 9 |  | 9 |
Total Liabilities and Equity |  | 6,871 |  | 6,338 |  | 32,669 |  | 3,720 |  | 21,235 |  | 820,778 |  | 51,304 |  | 17,913 |  | 960,828 |
Associate’s revenue and profit |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue |  | 2,275 |  | 3,086 |  | 49,403 |  | 9 |  | 34,083 |  | 175,975 |  | 3,358 |  | 6,315 |  | 274,504 |
Operating expenses |  | (1,359 | ) | (2,666 | ) | (44,664 | ) | (33 | ) | (32,334 | ) | (167,052 | ) | (1,998 | ) | (5,281 | ) | (255,387 | )
Other income (expenses) |  | — |  | 141 |  | (187 | ) | 826 |  | (339 | ) | 1,625 |  | 649 |  | 88 |  | 2,803 |
Income (loss) before taxes |  | 916 |  | 561 |  | 4,552 |  | 802 |  | 1,410 |  | 10,548 |  | 2,009 |  | 1,122 |  | 21,920 |
Income tax |  | (208 | ) | (122 | ) | (1,125 | ) | — |  | (354 | ) | (2,453 | ) | (426 | ) | (586 | ) | (5,274 | )
Net income for the year |  | 708 |  | 439 |  | 3,427 |  | 802 |  | 1,056 |  | 8,095 |  | 1,583 |  | 536 |  | 16,646 |
Schedule of financial information of entities controlled jointly |
|  | Artikos S.A. |  | Servipag Ltda. |
|  | 2016 |  | 2017 |  | 2016 |  | 2017 |
|  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |
Current assets |  | 1,150 |  | 1,231 |  | 49,477 |  | 56,188 |
Non-current assets |  | 1,028 |  | 1,246 |  | 17,350 |  | 16,669 |
Total Assets |  | 2,178 |  | 2,477 |  | 66,827 |  | 72,857 |
Current liabilities |  | 747 |  | 823 |  | 53,545 |  | 56,397 |
Non-current liabilities |  | — |  | — |  | 4,686 |  | 6,463 |
Total Liabilities |  | 747 |  | 823 |  | 58,231 |  | 62,860 |
Equity |  | 1,431 |  | 1,654 |  | 8,596 |  | 9,997 |
Total Liabilities and Equity |  | 2,178 |  | 2,477 |  | 66,827 |  | 72,857 |
Revenue |  | 2,751 |  | 3,194 |  | 39,587 |  | 40,580 |
Operating expenses |  | (2,072 | ) | (2,352 | ) | (38,124 | ) | (38,401 | )
Other income (expenses) |  | 23 |  | 17 |  | (542 | ) | (473 | )
Profit before tax |  | 702 |  | 859 |  | 921 |  | 1,706 |
Income tax |  | 180 |  | 154 |  | (103 | ) | (305 | )
Profit for the year |  | 882 |  | 1,013 |  | 818 |  | 1,401 |
Schedule of reconciliation of investments in other companies that are not consolidated |
|  | 2015 |  | 2016 |  | 2017 |
|  | MCh$ |  | MCh$ |  | MCh$ |
Balance as of January 1, |  | 23,043 |  | 25,849 |  | 30,314 |
Capital increase |  | 314 |  | 1,129 |  | — |
Participation in net income |  | 3,243 |  | 4,019 |  | 5,511 |
Dividends received |  | (663 | ) | (667 | ) | (484 | )
Other |  | (88 | ) | (16 | ) | 430 |
Balance as of December 31, |  | 25,849 |  | 30,314 |  | 35,771 |

X
- Definition Schedule of investments in other entities. + References No definition available. + Details
Name: | bch_DisclosureOfInvestmentsInOtherEntitiesTableTextBlock
Namespace Prefix: | bch_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure showing reconciliation between opening and ending balances of investments in other companies that are not consolidated. + References No definition available. + Details
Name: | bch_ScheduleOfRollforwardOfUnconsolidatedInvestmentsInOtherEntitiesTableTextBlock
Namespace Prefix: | bch_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of joint ventures. [Refer: Joint ventures [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 27 -IssueDate 2017-01-01 -Paragraph 17 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=27&date=2017-03-01&anchor=para_17_b&doctype=Standard -URIDate 2017-03-09 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 27 -IssueDate 2017-01-01 -Paragraph 16 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=27&date=2017-03-01&anchor=para_16_b&doctype=Standard -URIDate 2017-03-09 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2017-01-01 -Paragraph B4 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=12&date=2017-03-01&anchor=para_B4_b&doctype=Appendix&seq=2 -URIDate 2017-03-09 + Details
Name: | ifrs-full_DisclosureOfJointVenturesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of associates. [Refer: Associates [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 27 -IssueDate 2017-01-01 -Paragraph 17 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=27&date=2017-03-01&anchor=para_17_b&doctype=Standard -URIDate 2017-03-09 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 27 -IssueDate 2017-01-01 -Paragraph 16 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=27&date=2017-03-01&anchor=para_16_b&doctype=Standard -URIDate 2017-03-09 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2017-01-01 -Paragraph B4 -Subparagraph d -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=12&date=2017-03-01&anchor=para_B4_d&doctype=Appendix&seq=2 -URIDate 2017-03-09 + Details
Name: | ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociatesAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration