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v3.19.1

Investments in Other Companies (Tables) | 12 Months Ended
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Dec. 31, 2018
Investments in Other Companies |
Schedule of investments in other companies |
|  |  |  |  |  |  |  |  |  |  |  | Investment
|  |  |  | Ownership Interest |  | Equity |  | Book Value |  | Income (Loss)
Company |  | Shareholder |  | 2017 |  | 2018 |  | 2017 |  | 2018 |  | 2017 |  | 2018 |  | 2017 |  | 2018
|  |  |  | % |  | % |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$
Associates |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Transbank S.A. |  | Banco de Chile |  | 26.16 |  | 26.16 |  | 56,804 |  | 69,358 |  | 15,070 |  | 18,468 |  | 2,117 |  | 3,262
Sociedad Operadora de Tarjetas de Crédito Nexus S.A. |  | Banco de Chile |  | 25.81 |  | 25.81 |  | 13,781 |  | 16,805 |  | 3,822 |  | 4,557 |  | 884 |  | 735
Administrador Financiero del Transantiago S.A. |  | Banco de Chile |  | 20.00 |  | 20.00 |  | 15,490 |  | 17,978 |  | 3,098 |  | 3,680 |  | 317 |  | 582
Redbanc S.A. |  | Banco de Chile |  | 38.13 |  | 38.13 |  | 7,484 |  | 8,356 |  | 2,894 |  | 3,219 |  | 403 |  | 325
Centro de Compensación Automatizado S.A. |  | Banco de Chile |  | 33.33 |  | 33.33 |  | 4,696 |  | 5,592 |  | 1,589 |  | 1,894 |  | 236 |  | 305
Sociedad Imerc OTC S.A. |  | Banco de Chile |  | 12.33 |  | 12.33 |  | 11,490 |  | 11,952 |  | 1,417 |  | 1,474 |  | 66 |  | 56
Sociedad Interbancaria de Depósitos de Valores S.A. |  | Banco de Chile |  | 26.81 |  | 26.81 |  | 3,659 |  | 4,161 |  | 995 |  | 1,129 |  | 215 |  | 204
Soc. Operadora de la Cámara de Compensación de Pagos de Alto Valor S.A. |  | Banco de Chile |  | 15.00 |  | 15.00 |  | 5,838 |  | 6,106 |  | 908 |  | 944 |  | 66 |  | 58
Subtotal |  |  |  |  |  |  |  | 119,242 |  | 140,308 |  | 29,793 |  | 35,365 |  | 4,304 |  | 5,527
Joint Venture |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Servipag Ltda. |  | Banco de Chile |  | 50.00 |  | 50.00 |  | 9,997 |  | 11,398 |  | 4,999 |  | 5,699 |  | 700 |  | 701
Artikos Chile S.A. |  | Banco de Chile |  | 50.00 |  | 50.00 |  | 1,654 |  | 2,025 |  | 979 |  | 1,188 |  | 507 |  | 583
Subtotal |  |  |  |  |  |  |  | 11,651 |  | 13,423 |  | 5,978 |  | 6,887 |  | 1,207 |  | 1,284
Total |  |  |  |  |  |  |  | 130,893 |  | 153,731 |  | 35,771 |  | 42,252 |  | 5,511 |  | 6,811
Schedule of total carrying amount of the Bank's associates |
|  | 2017
|  |  |  | Soc. Operadora de la |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Centro de |  | Cámara de |  | Soc. Operadora |  | Sociedad |  |  |  |  |  |  |  |  |  |
|  | Compensación |  | Compensación de |  | de Tarjetas de |  | Interbancaria de |  |  |  |  |  | Administrador |  | Sociedad |  |
|  | Automatizado |  | Pagos de Alto Valor |  | Crédito Nexus |  | Depósitos de |  | Redbanc |  | Transbank |  | Financiero del |  | Imerc |  |
|  | S.A. |  | S.A. |  | S.A. |  | Valores S.A. |  | S.A. |  | S.A. |  | Transantiago S.A. |  | OTC S.A. |  | Total
|  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$
Associate’s statement of financial position |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
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 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating income |  | 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
|  | 2018
|  |  |  | Soc. Operadora de la |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Centro de |  | Cámara de |  | Soc. Operadora |  | Sociedad |  |  |  |  |  |  |  |  |  |
|  | Compensación |  | Compensación de |  | de Tarjetas de |  | Interbancaria de |  |  |  |  |  | Administrador |  | Sociedad |  |
|  | Automatizado |  | Pagos de Alto Valor |  | Crédito Nexus |  | Depósitos de |  | Redbanc |  | Transbank |  | Financiero del |  | Imerc |  |
|  | S.A. |  | S.A. |  | S.A. |  | Valores S.A. |  | S.A. |  | S.A. |  | Transantiago S.A. |  | OTC S.A. |  | Total
|  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$
Associate’s statement of financial position |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current assets |  | 3,088 |  | 5,871 |  | 12,918 |  | 153 |  | 6,084 |  | 812,285 |  | 55,402 |  | 18,842 |  | 914,643
Non-current assets |  | 3,985 |  | 857 |  | 22,221 |  | 4,239 |  | 14,741 |  | 92,273 |  | 416 |  | 6,431 |  | 145,163
Total Assets |  | 7,073 |  | 6,728 |  | 35,139 |  | 4,392 |  | 20,825 |  | 904,558 |  | 55,818 |  | 25,273 |  | 1,059,806
Current liabilities |  | 1,321 |  | 622 |  | 14,179 |  | 231 |  | 9,907 |  | 833,788 |  | 36,676 |  | 10,111 |  | 906,835
Non-current liabilities |  | 160 |  | — |  | 4,155 |  | — |  | 2,562 |  | 1,412 |  | 1,164 |  | 3,201 |  | 12,654
Total Liabilities |  | 1,481 |  | 622 |  | 18,334 |  | 231 |  | 12,469 |  | 835,200 |  | 37,840 |  | 13,312 |  | 919,489
Equity |  | 5,592 |  | 6,106 |  | 16,805 |  | 4,161 |  | 8,356 |  | 69,358 |  | 17,978 |  | 11,952 |  | 140,308
Minority interest |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 9 |  | 9
Total Liabilities and Equity |  | 7,073 |  | 6,728 |  | 35,139 |  | 4,392 |  | 20,825 |  | 904,558 |  | 55,818 |  | 25,273 |  | 1,059,806
Operating income |  | 3,214 |  | 3,302 |  | 50,319 |  | 1 |  | 35,314 |  | 191,568 |  | 3,435 |  | 6,254 |  | 293,407
Operating expenses |  | (2,005) |  | (3,016) |  | (46,426) |  | (35) |  | (33,895) |  | (177,440) |  | (2,615) |  | (5,567) |  | (270,999)
Other income (expenses) |  | (25) |  | 177 |  | (173) |  | 796 |  | (260) |  | 2,380 |  | 2,982 |  | 59 |  | 5,936
Gain before tax |  | 1,184 |  | 463 |  | 3,720 |  | 762 |  | 1,159 |  | 16,508 |  | 3,802 |  | 746 |  | 28,344
Income tax |  | (268) |  | (79) |  | (870) |  | — |  | (308) |  | (4,038) |  | (894) |  | (292) |  | (6,749)
Gain for the year |  | 916 |  | 384 |  | 2,850 |  | 762 |  | 851 |  | 12,470 |  | 2,908 |  | 454 |  | 21,595
Schedule of financial information of entities controls jointly |
|  | Artikos Chile S.A. |  | Servipag Ltda.
|  | 2017 |  | 2018 |  | 2017 |  | 2018
|  | MCh$ |  | MCh$ |  | MCh$ |  | MCh$
Current assets |  | 1,231 |  | 1,397 |  | 56,188 |  | 59,142
Non-current assets |  | 1,246 |  | 1,503 |  | 16,669 |  | 15,371
Total Assets |  | 2,477 |  | 2,900 |  | 72,857 |  | 74,513
Current liabilities |  | 823 |  | 875 |  | 56,397 |  | 57,847
Non-current liabilities |  | — |  | — |  | 6,463 |  | 5,268
Total Liabilities |  | 823 |  | 875 |  | 62,860 |  | 63,115
Equity |  | 1,654 |  | 2,025 |  | 9,997 |  | 11,398
Total Liabilities and Equity |  | 2,477 |  | 2,900 |  | 72,857 |  | 74,513
Operating income |  | 3,194 |  | 3,544 |  | 40,580 |  | 42,679
Operating expenses |  | (2,352) |  | (2,519) |  | (38,401) |  | (40,318)
Other income (expenses) |  | 17 |  | 12 |  | (473) |  | (339)
Profit before tax |  | 859 |  | 1,037 |  | 1,706 |  | 2,022
Income tax |  | 154 |  | 130 |  | (305) |  | (621)
Profit for the year |  | 1,013 |  | 1,167 |  | 1,401 |  | 1,401
Schedule of reconciliation of investments in other companies that are not consolidated |
|  | 2016 |  | 2017 |  | 2018
|  | MCh$ |  | MCh$ |  | MCh$
Balance as of January 1, |  | 25,849 |  | 30,314 |  | 35,771
Capital increase |  | 1,129 |  | — |  | —
Participation in net income |  | 4,019 |  | 5,511 |  | 6,811
Dividends received |  | (667) |  | (484) |  | (411)
Other |  | (16) |  | 430 |  | 81
Balance as of December 31, |  | 30,314 |  | 35,771 |  | 42,252

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