Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2017

Schedule of changes in property and equipment

	Land and Buildings		Equipment		Other		Total
	MCh$		MCh$		MCh$		MCh$
(a.1) Cost

Balance as of January 1, 2016	292,166		167,874		47,960		508,000
Additions	10,174		14,105		3,540		27,819
Disposals/write-downs	(138	)	(1,653	)	(1,070	)	(2,861	)
Transfers	—		—		—		—
Accumulated depreciation (see (a.2))	(134,900	)	(139,277	)	(39,654	)	(313,831	)
Impairment loss () (**)	(15	)	(4	)	(26	)	(45	)
Reclassifications	—		—		—		—

Balance as of December 31, 2016	167,287		41,045		10,750		219,082


Balance as of January 1, 2017	302,187		180,322		50,404		532,913
Additions	10,606		8,898		3,720		23,224
Disposals/write-downs	(1,365	)	(4,851	)	(1,569	)	(7,785	)
Transfers	—		—		—		—
Accumulated depreciation (see (a.2))	(142,768	)	(148,006	)	(41,316	)	(332,090	)
Impairment loss () (**)	—		—		(3	)	(3	)
Reclassifications	—		—		—		—

Balance as of December 31, 2017	168,660		36,363		11,236		216,259


(a.2) Accumulated Depreciation

Balance as of January 1, 2016	(126,568	)	(127,644	)	(38,117	)	(292,329	)
Transfers	—		(18	)	18		—
Depreciation charges in the period () (*)	(8,470	)	(13,268	)	(2,588	)	(24,326	)
Sales and disposals in the period	138		1,653		1,033		2,824
Reclassifications	—		—		—		—

Accumulated Depreciation as of December 31, 2016	(134,900	)	(139,277	)	(39,654	)	(313,831	)

Transfers	—		—		—		—
Depreciation charges in the period () (*)	(9,040	)	(13,723	)	(3,045	)	(25,808	)
Sales and disposals in the period	1,172		4,851		1,526		7,549
Reclassifications	—		143		(143	)	—

Accumulated Depreciation as of December 31, 2017	(142,768	)	(148,006	)	(41,316	)	(332,090	)

(*) See Note No. 36 about Depreciation, Amortization and Impairment

(**) It does not include depreciation for the year for Investment Properties, which it registered under the item “Investment Properties” for an amount of Ch$368 million (Ch$368 million in 2016)

(***) It does not include charge-off provisions for Property and Equipment for an amount of Ch$163 million (Ch$229 million in 2016)

Schedule of future payments of operating leases

	Lease Contracts
	Expenses for the year	Up to 1 month	Over 1 month and up to 3 months	Over 3 months and up to 12 months	Over 1 year and up to 3 years	Over 3 years and up to 5 years	Over 5 years	Total
	MCh$	MCh$	MCh$	MCh$	MCh$	MCh$	MCh$	MCh$

Year 2017	33,017	2,764	5,522	23,462	45,891	33,789	34,401	145,829
Year 2016	34,490	2,750	5,458	22,841	51,242	36,213	46,902	165,406