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Investment Properties | 12 Months Ended
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Dec. 31, 2018
Investment Properties |
Investment Properties | 17. Investment Properties:
|  | 2016 |  | 2017 |  | 2018
|  | MCh$ |  | MCh$ |  | MCh$
Net Balance as of January 1, |  | 15,042 |  | 14,674 |  | 14,306
Additions resulting from business combinations |  | — |  | — |  | —
Reclassifications |  | — |  | — |  | —
Disposals |  | — |  | — |  | —
Depreciation charges in the period |  | (368) |  | (368) |  | (368)
Impairment |  | — |  | — |  | —
Net Balance as of December 31, |  | 14,674 |  | 14,306 |  | 13,938
Estimated useful lives applied by the Bank are presented in Note No. 2(l) on Property and equipment. As of December 31, 2018, the fair value of the investment properties held by the Bank is Ch$ 46,562 million (Ch$ 42,230 million as of December 31, 2017). In 2018, the Bank earned income of Ch$6,265 million (Ch$5,844 million in 2017) renting out their investment properties. In the same period the Bank incurred corresponding expenses of Ch$2,806 million and Ch$2,794 million per year in 2017 and 2018.

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- Definition The entire disclosure for investment property. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 40 -IssueDate 2018-01-01 -Section Disclosure -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=40&date=2018-03-01&anchor=sect_Disclosure&doctype=Standard -URIDate 2018-03-16 + Details
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