XML 184 R21.htm IDEA: XBRL DOCUMENT v3.20.1
Property and Equipment and Leased Assets and Lease Liabilities
 12 Months Ended
Dec. 31, 2019
Disclosure of detailed information about property, plant and equipment [abstract]  
Property and Equipment and Leased assets and lease liabilities

15.Property and Equipment and Leased assets and lease liabilities:

 

(a)The properties and equipment as of December 31, 2018 and 2019 are composed as follows:

 

   Useful Life  Average remaining
depreciation		  Gross balance   Accumulated
Depreciation		   Net balance 
   2018  2019  2018  2019  2018   2019   2018   2019   2018   2019 
   Years  Years  Years  Years  MCh$   MCh$   MCh$   MCh$   MCh$   MCh$ 

Type of property and equipment:

                                    
Land and Buildings  26  26  21  21   320,585    301,619    (150,099)   (136,394)   170,486    165,225 
Equipment  5  5  3  4   183,220    207,605    (148,455)   (162,560)   34,765    45,045 
Others  7  7  4  4   53,500    55,519    (42,879)   (45,527)   10,621    9,992 
Total               557,305    564,743    (341,433)   (344,481)   215,872    220,262 

 

(b)As of December 31, 2018 and 2019, this account and its changes are detailed as follows:

 

   Land and
Buildings		   Equipment   Other   Total 
   MCh$   MCh$   MCh$   MCh$ 
(a.1) Cost                
                 
Balance as of January 1, 2018   311,428    184,369    52,552    548,349 
Reclassification   —    —    —    — 
Additions   12,589    12,702    2,774    28,065 
Disposals/write-downs/sales   (3,145)   (13,845)   (1,785)   (18,775)
Impairment loss (*)   (287)   (6)   (41)   (334)
Balance as of December 31, 2018   320,585    183,220    53,500    557,305 
                     
Balance as of January 1, 2019   320,585    183,220    53,500    557,305 
Reclassification   (25,654)   (37)   —    (25,691)
Additions   12,555    28,118    2,839    43,512 
Disposals/write-downs/sales   (5,437)   (3,115)   (762)   (9,314)
Impairment loss (*) (***)   (430)   (581)   (58)   (1,069)
Balance as of December 31, 2019   301,619    207,605    55,519    564,743 
                     
(a.2) Accumulated Depreciation                    
                     
Balance as of January 1, 2018   (142,768)   (148,006)   (41,316)   (332,090)
Depreciation charges of the year (*) (**)   (9,193)   (14,291)   (3,333)   (26,817)
Sales and disposals of the year   1,862    13,842    1,770    17,474 
Accumulated Depreciation as of December 31, 2018   (150,099)   (148,455)   (42,879)   (341,433)
                     
Balance as of January 1, 2019   (150,099)   (148,455)   (42,879)   (341,433)
Reclassification   21,278    37    —    21,315 
Depreciation charges of the year (*) (**)   (8,613)   (16,819)   (3,403)   (28,835)
Sales and disposals of the year   1,040    2,692    740    4,472 
Transfers   —    (15)   15    — 
Accumulated Depreciation as of December 31, 2019   (136,394)   (162,560)   (45,527)   (344,481)

 

(*)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$359 million (Ch$368 million in 2018).
(***)It does not include charge-off provisions for Property and Equipment for an amount of Ch$949 million.

 

(c)The composition of the rights over leased assets as of December 31, 2019 is as follows:

 

  

Gross

Balance

   Accumulated
Depreciation		  

Net

Balance

 
Categories  2019   2019   2019 
   MCh$   MCh$   MCh$ 
             
Buildings   130,853    (18,722)   112,131 
Floor space for ATMs   41,960    (9,091)   32,869 
Improvements to leased properties   27,254    (21,589)   5,665 
Total   200,067    (49,402)   150,665 

 

(d)The changes of the rights over leased assets as of December 31, 2019 is as follows:

 

   2019 
   Buildings   Floor space
for ATMs		   Improvements to
leased properties		   Total 
   MCh$   MCh$   MCh$   MCh$ 
                 
Gross Balance                
Balance as of January 1, 2019   116,577    27,920    —    144,497 
Reclassification   —    —    26,332    26,332 
Additions   14,276    14,040    1,725    30,041 
Write-downs   —    —    (803)   (803)
Total   130,853    41,960    27,254    200,067 
                     
Accumulated Depreciation                    
Balance as of January 1, 2019   —    —    —    — 
Reclassification   —    —    (21,546)   (21,546)
Depreciation of the year (*)   (18,722)   (9,091)   (659)   (28,472)
Write-downs   —    —    616    616 
Total   (18,722)   (9,091)   (21,589)   (49,402)
                     
Balance as of  December 31, 2019   112,131    32,869    5,665    150,665 

 

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

 

(e)The following are the future maturities of the lease liabilities as of December 31, 2019:

 

   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 
Lease associated with:  MCh$   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$ 
                             
Buildings   1,726    3,519    15,286    37,063    24,899    38,526    121,019 
ATMs   809    1,618    7,131    18,125    5,403    679    33,765 
Total   2,535    5,137    22,417    55,188    30,302    39,205    154,784 

 

The Bank and its subsidiaries maintain contracts with certain renewal options and for which there is reasonable certainty that said option shall be carried out. In such cases, the lease period used to measure the liability and assets corresponds to an estimate of future renewals.

 

The changes of the obligations under capitalized leases and cash flows are as follows:

 

   Total cash flow 
Lease liability  MCh$ 
     
Balances as of January 1, 2019   144,497 
Liabilities for new lease agreements   24,431 
Interest expenses   2,574 
Payments of capital and interests   (29,374)
Others   3,885 
Balances as of December 31, 2019   146,013