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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Dec. 31, 2017
Summary Of Significant Accounting Policies |
Schedule of reconciliation of differences in Income tax system | In order to facilitate comparison, some minor reclassifications have been made to the consolidated financial statements for the previous year.
(a) | Accounting pronouncements with implementation effective from January 1, 2017:
(i) Standards and amendments |  | Date of issue |  | Mandatory Application: Annual periods beginning on or after
Amendment to IAS 7: Statement of cash flow |  | January 2016 |  | 01/01/2017
Amendment to IAS 12: Income tax |  | January 2016 |  | 01/01/2017
(ii) Improvements |  |  |  |
Improvements to International Financial Reporting Standards (2014-2016 cycle): IFRS 12 Disclosure of interests in other entities |  | December 2016 |  | 01/01/2017
The application of standards, amendments, interpretations and improvements had no material impact on the consolidated financial statements of the Company. (b) Accounting pronouncements not yet in force for financial years beginning on January 1, 2017 and which has not been effected early adoption
(i) Standards and amendments |  | Date of issue |  | Mandatory Application: Annual periods beginning on or after
IFRS 9: Financial instruments. |  | December 2009 |  | 01/01/2018
Amendment to IFRS 9: Financial instruments. |  | November 2013 |  | 01/01/2018
IFRS 15: Revenue from contracts with customers (1). |  | May 2014 |  | 01/01/2018
Amendment to IFRS 15: Revenue from contracts with customers. |  | April 2016 |  | 01/01/2018
|  |  |  | Mandatory
|  |  |  | Application:
(i) Standards and amendments |  | Date of issue |  | Annual periods beginning on or after
Amendment to IFRS 2: Share-based payments |  | June 2016 |  | 01/01/2018
Amendment to IFRS 4: Insurance contracts. |  | September 2016 |  | 01/01/2018
Amendment to IAS 40: Investment property |  | December 2016 |  | 01/01/2018
IFRS 16: Leases (2). |  | January 2016 |  | 01/01/2019
Amendment to IFRS 9: Financial Instruments |  | October 2017 |  | 01/01/2019
Amendment to IAS 28: Investments in associates and joint ventures |  | October 2017 |  | 01/01/2019
IFRS 17: Insurance contracts |  | May 2017 |  | 01/01/2021
Amendment to IFRS 10: Consolidated financial statements and IAS 28 Investments in associates and joint ventures. |  | September 2014 |  | To be determined
(ii) Improvements |  |  |  |
Improvements to International Financial Reporting Standards. (cycle 2014-2016) IFRS 1: First-time adoption of international financial reporting standards and IAS 28 investments in associates and joint ventures. |  | December 2016 |  | 01/01/2018
Improvements to International Financial Reporting Standards. (cycle 2015-2017) IFRS 3: Business combinations, IAS 12: Income tax, IFRS 11: Joint arrangements and IAS 23: Borrowing costs |  | December 2017 |  | 01/01/2019
(iii) Interpretations |  |  |  |
IFRIC 22: Foreign currency transactions and advance consideration |  | December 2016 |  | 01/01/2018
IFRIC 23: Uncertain tax positions |  | June 2017 |  | 01/01/2019

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