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Investment Properties | 12 Months Ended
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Dec. 31, 2019
Disclosure of detailed information about investment property [abstract] |
Investment Properties |
16. | Investment Properties:
| (f) | The future cash flows related to short-term lease agreements in effect as of December 31, 2019 correspond to Ch$8,611 million.
|  | 2017 |  |  | 2018 |  |  | 2019 |
|  | MCh$ |  |  | MCh$ |  |  | MCh$ |
Net Balance as of January 1, |  |  | 14,674 |  |  |  | 14,306 |  |  |  | 13,938 |
Additions resulting from business combinations |  |  | ― |  |  |  | ― |  |  |  | ― |
Reclassifications |  |  | ― |  |  |  | ― |  |  |  | (389 | )
Disposals |  |  | ― |  |  |  | ― |  |  |  | ― |
Depreciation charges in the period |  |  | (368 | ) |  |  | (368 | ) |  |  | (359 | )
Impairment |  |  | ― |  |  |  | ― |  |  |  | ― |
Net Balance as of December 31, |  |  | 14,306 |  |  |  | 13,938 |  |  |  | 13,190 |
Estimated useful lives applied by the Bank are presented in Note No. 2(m) on Property and equipment. As of December 31, 2019, the fair value of the investment properties held by the Bank is Ch$46,613 million (Ch$46,562 million as of December 31, 2018). In 2019, the Bank earned income of Ch$6,136 million (Ch$6,265 million in 2018) renting out their investment properties. In the same period the Bank incurred corresponding expenses of Ch$2,794 million and Ch$3,131 million per year in 2018 and 2019.

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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 2019-01-01 -Section Disclosure -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=40&code=ifrs-tx-2019-en-r&doctype=Standard&dita_xref=IAS40_g74-79_TI -URIDate 2019-03-27 + Details
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