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v3.22.1

Current Taxes and Deferred Taxes (Tables) | 12 Months Ended
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Dec. 31, 2021
Disclosure of income tax [text block] [Abstract] |
Schedule of income tax Provision |
|  | 2020 |  |  | 2021 |
|  | MCh$ |  |  | MCh$ |
Income taxes |  |  | 153,084 |  |  |  | 299,396 |
Less: |  |  |  |  |  |  |  |
Monthly prepaid taxes (PPM) |  |  | (172,683 | ) |  |  | (182,903 | )
Credit for training expenses |  |  | (1,900 | ) |  |  | (2,000 | )
Other |  |  | (1,139 | ) |  |  | (2,210 | )
Total tax (receivable) payable, net |  |  | (22,638 | ) |  |  | 112,283 |
|  | 2020 |  |  | 2021 |
|  | MCh$ |  |  | MCh$ |
Current tax assets |  |  | 22,949 |  |  |  | — |
Current tax liabilities |  |  | (311 | ) |  |  | (112,283 | )
Total tax receivable (payable), net |  |  | 22,638 |  |  |  | (112,283 | )
Schedule of tax expenses |
|  | 2019 |  |  | 2020 |  |  | 2021 |
|  | MCh$ |  |  | MCh$ |  |  | MCh$ |
Income tax expense: |  |  |  |  |  |  |  |  |
Current year taxes |  |  | 232,404 |  |  |  | 161,869 |  |  |  | 250,155 |
Tax from previous period |  |  | (331 | ) |  |  | 813 |  |  |  | 3,014 |
Subtotal |  |  | 232,073 |  |  |  | 162,682 |  |  |  | 253,169 |
(Credit) charge for deferred taxes: |  |  |  |  |  |  |  |  |  |  |  |
Origin and reversal of temporary differences |  |  | (58,733 | ) |  |  | (58,895 | ) |  |  | 20,163 |
Effect of changes in tax rate |  |  | — |  |  |  | — |  |  |  | — |
Subtotal |  |  | (58,733 | ) |  |  | (58,895 | ) |  |  | 20,163 |
Other |  |  | 321 |  |  |  | (564 | ) |  |  | 2,637 |
Net charge to income for income taxes |  |  | 173,661 |  |  |  | 103,223 |  |  |  | 275,969 |
Tax Rate |  |  | 27.00 | % |  |  | 27.00 | % |  |  | 27.00 | %
Schedule of reconciliation of effective tax rate |
|  | 2019 |  |  | 2020 |  |  | 2021 |
|  | Tax rate % |  |  | MCh$ |  |  | Tax rate % |  |  | MCh$ |  |  | Tax rate % |  |  | MCh$ |
Income tax calculated on net income before tax |  |  | 27.00 |  |  |  | 209,901 |  |  |  | 27.00 |  |  |  | 136,310 |  |  |  | 27.00 |  |  |  | 359,717 |
Additions or deductions (*) |  |  | (5.10 | ) |  |  | (39,612 | ) |  |  | (7.76 | ) |  |  | (39,195 | ) |  |  | (6.27 | ) |  |  | (83,587 | )
Effect of changes in tax rate |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Other |  |  | 0.43 |  |  |  | 3,372 |  |  |  | 1.21 |  |  |  | 6,108 |  |  |  | (0.01 | ) |  |  | (161 | )
Effective rate and income tax expense |  |  | 22.33 |  |  |  | 173,661 |  |  |  | 20.45 |  |  |  | 103,223 |  |  |  | 20.72 |  |  |  | 275,969 |
(*) | The deductions of the tax rate for 2019, 2020 and 2021 mainly relate to permanent differences between tax and financial accounting rules.
Schedule of effects of deferred taxes on assets, liabilities and income accounts |
|  | Balance as of January 1, |  |  | Effect |  |  | Balance as of December 31, |  |  | Effect |  |  | Balance as of December 31, |
|  | 2020 |  |  | Income |  |  | Equity |  |  | 2020 |  |  | Income |  |  | Equity |  |  | 2021 |
|  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |  |  | MCh$ |
Debit differences: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Allowances for loan losses |  |  | 151,481 |  |  |  | 65,880 |  |  |  | — |  |  |  | 217,361 |  |  |  | (47,150 | ) |  |  | — |  |  |  | 170,211 |
Personnel provisions |  |  | 16,997 |  |  |  | (481 | ) |  |  | — |  |  |  | 16,516 |  |  |  | (1,929 | ) |  |  | — |  |  |  | 14,587 |
Staff vacations |  |  | 7,444 |  |  |  | 1,720 |  |  |  | — |  |  |  | 9,164 |  |  |  | 829 |  |  |  | — |  |  |  | 9,993 |
Accrued interest and indexation adjustments from past due loans |  |  | 3,674 |  |  |  | 896 |  |  |  | — |  |  |  | 4,570 |  |  |  | 503 |  |  |  | — |  |  |  | 5,073 |
Staff severance indemnities provision |  |  | 1,491 |  |  |  | (95 | ) |  |  | 25 |  |  |  | 1,421 |  |  |  | (67 | ) |  |  | (125 | ) |  |  | 1,229 |
Provisions of credit card expenses |  |  | 8,221 |  |  |  | (262 | ) |  |  | — |  |  |  | 7,959 |  |  |  | 1,815 |  |  |  | — |  |  |  | 9,774 |
Provisions of accrued expenses |  |  | 10,564 |  |  |  | 3,519 |  |  |  | — |  |  |  | 14,083 |  |  |  | (1,768 | ) |  |  | — |  |  |  | 12,315 |
Derivative instruments adjustments |  |  | 1,470 |  |  |  | (109 | ) |  |  | — |  |  |  | 1,361 |  |  |  | 102 |  |  |  | — |  |  |  | 1,463 |
Adjustment for valuation and impairment of financial assets at fair value through OCI |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 270 |  |  |  | 2,774 |  |  |  | 3,044 |
Leasing |  |  | 41,792 |  |  |  | (12,957 | ) |  |  | — |  |  |  | 28,835 |  |  |  | 23,184 |  |  |  | — |  |  |  | 52,019 |
Other adjustments |  |  | 36,523 |  |  |  | 965 |  |  |  | — |  |  |  | 37,488 |  |  |  | 11,401 |  |  |  | — |  |  |  | 48,889 |
Total debit differences |  |  | 279,657 |  |  |  | 59,076 |  |  |  | 25 |  |  |  | 338,758 |  |  |  | (12,810 | ) |  |  | 2,649 |  |  |  | 328,597 |
Credit differences: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation of property and equipment and investment properties |  |  | 15,524 |  |  |  | 1,732 |  |  |  | — |  |  |  | 17,256 |  |  |  | (810 | ) |  |  | — |  |  |  | 16,446 |
Adjustment for valuation and impairment of financial assets at fair value through OCI |  |  | 2,445 |  |  |  | 1,256 |  |  |  | (2,304 | ) |  |  | 1,397 |  |  |  | — |  |  |  | (1,397 | ) |  |  | — |
Transitory assets |  |  | 8,329 |  |  |  | (1,796 | ) |  |  | — |  |  |  | 6,533 |  |  |  | 1,580 |  |  |  | — |  |  |  | 8,113 |
Derivative instruments adjustments |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Accrued interest to effective rate |  |  | 1,381 |  |  |  | 1,393 |  |  |  | — |  |  |  | 2,774 |  |  |  | (342 | ) |  |  | — |  |  |  | 2,432 |
Advance payment of lump-sum under union contracts |  |  | 3,334 |  |  |  | (1,100 | ) |  |  | — |  |  |  | 2,234 |  |  |  | 3,434 |  |  |  | — |  |  |  | 5,668 |
Intangible assets amortization |  |  | 5,503 |  |  |  | — |  |  |  | — |  |  |  | 5,503 |  |  |  | — |  |  |  | — |  |  |  | 5,503 |
Other adjustments |  |  | 11,848 |  |  |  | (1,304 | ) |  |  | — |  |  |  | 10,544 |  |  |  | 3,491 |  |  |  | — |  |  |  | 14,035 |
Total credit differences |  |  | 48,364 |  |  |  | 181 |  |  |  | (2,304 | ) |  |  | 46,241 |  |  |  | 7,353 |  |  |  | (1,397 | ) |  |  | 52,197 |
Total Assets (Liabilities), net |  |  | 231,293 |  |  |  | 58,895 |  |  |  | 2,329 |  |  |  | 292,517 |  |  |  | (20,163 | ) |  |  | 4,046 |  |  |  | 276,400 |

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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References No definition available. + Details
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