XML 116 R99.htm IDEA: XBRL DOCUMENT
v3.8.0.1

FINANCIAL INSTRUMENTS (Details) - USD ($) $ in Thousands | Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014
--- | --- | --- | --- | ---
Assets |  |  |  |  |
Cash and cash equivalents |  | $ 1,142,004 | $ 949,327 | $ 753,497 | $ 989,396
Other financial assets, current |  | 559,919 | 712,828 |  |
Trade and others accounts receivable, current |  | 1,214,050 | 1,107,889 |  |
Accounts receivable from related entities, current |  | 2,582 | 554 |  |
Other non-financial assets |  | 221,188 | 212,242 |  |
Accounts receivable, non current |  | 6,891 | 8,254 |  |
Total |  | 18,797,972 | 19,198,194 |  |
Liabilities |  |  |  |  |
Trade and other accounts payables |  | 1,695,202 | 1,593,068 |  |
Other financial liabilities, non-current |  | 2,823,963 | 2,762,245 |  |
Total liabilities |  | 14,530,736 | 15,012,890 |  |
Other Financial Liabilities [Member] |  |  |  |  |
Liabilities |  |  |  |  |
Other liabilities, current |  | 1,288,749 | 1,814,647 |  |
Trade and other accounts payables |  | 1,695,202 | 1,593,068 |  |
Accounts payable to related entities, current |  | 760 | 269 |  |
Other financial liabilities, non-current |  | 6,602,891 | 6,790,273 |  |
Accounts payable, non-current |  | 498,832 | 359,391 |  |
Total liabilities |  | 10,086,434 | 10,557,648 |  |
Held Hedge Derivatives [Member] |  |  |  |  |
Liabilities |  |  |  |  |
Other liabilities, current |  | 12,200 | 24,881 |  |
Trade and other accounts payables |  |  |  |  |
Accounts payable to related entities, current |  |  |  |  |
Other financial liabilities, non-current |  | 2,617 | 6,679 |  |
Accounts payable, non-current |  |  |  |  |
Total liabilities |  | 14,817 | 31,560 |  |
Financial liabilities [Member] |  |  |  |  |
Liabilities |  |  |  |  |
Other liabilities, current |  | 1,300,949 | 1,839,528 |  |
Trade and other accounts payables |  | 1,695,202 | 1,593,068 |  |
Accounts payable to related entities, current |  | 760 | 269 |  |
Other financial liabilities, non-current |  | 6,605,508 | 6,796,952 |  |
Accounts payable, non-current |  | 498,832 | 359,391 |  |
Total liabilities |  | 10,101,251 | 10,589,208 |  |
Loans And Receivables [Member] |  |  |  |  |
Assets |  |  |  |  |
Cash and cash equivalents |  | 1,112,346 | 933,805 |  |
Other financial assets, current | [1] | 23,918 | 164,426 |  |
Trade and others accounts receivable, current |  | 1,214,050 | 1,107,889 |  |
Accounts receivable from related entities, current |  | 2,582 | 554 |  |
Other non-financial assets | [1] | 87,077 | 101,603 |  |
Accounts receivable, non current |  | 6,891 | 8,254 |  |
Total |  | 2,446,864 | 2,316,531 |  |
Hedge Derivatives [Member] |  |  |  |  |
Assets |  |  |  |  |
Cash and cash equivalents |  |  |  |  |
Other financial assets, current | [1] | 62,348 | 11,411 |  |
Trade and others accounts receivable, current |  |  |  |  |
Accounts receivable from related entities, current |  |  |  |  |
Other non-financial assets | [1] | 519 |  |  |
Accounts receivable, non current |  |  |  |  |
Total |  | 62,867 | 11,411 |  |
Held For Trading [Member] |  |  |  |  |
Assets |  |  |  |  |
Cash and cash equivalents |  |  |  |  |
Other financial assets, current | [1] | 1,421 |  |  |
Trade and others accounts receivable, current |  |  |  |  |
Accounts receivable from related entities, current |  |  |  |  |
Other non-financial assets | [1] | 494 | 522 |  |
Accounts receivable, non current |  |  |  |  |
Total |  | 1,915 | 522 |  |
Initial Designation As Fair Value Through Profit And Loss [Member] |  |  |  |  |
Assets |  |  |  |  |
Cash and cash equivalents |  | 29,658 | 15,522 |  |
Other financial assets, current | [1] | 472,232 | 536,991 |  |
Trade and others accounts receivable, current |  |  |  |  |
Accounts receivable from related entities, current |  |  |  |  |
Other non-financial assets | [1] |  |  |  |
Accounts receivable, non current |  |  |  |  |
Total |  | 501,890 | 552,513 |  |
Financial Assets [Member] |  |  |  |  |
Assets |  |  |  |  |
Cash and cash equivalents |  | 1,142,004 | 949,327 |  |
Other financial assets, current | [1] | 559,919 | 712,828 |  |
Trade and others accounts receivable, current |  | 1,214,050 | 1,107,889 |  |
Accounts receivable from related entities, current |  | 2,582 | 554 |  |
Other non-financial assets | [1] | 88,090 | 102,125 |  |
Accounts receivable, non current |  | 6,891 | 8,254 |  |
Total |  | $ 3,013,536 | $ 2,880,977 |  |
[1] | The value presented as initial designation as fair value through profit and loss, corresponds mainly to private investment funds; and loans and receivables corresponds to guarantees given.

X
- Definition The amount of resources: (a) controlled by the entity as a result of past events; and (b) from which future economic benefits are expected to flow to the entity. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2017-01-01 -Paragraph 28 -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=8&date=2017-03-01&anchor=para_28_c&doctype=Standard -URIDate 2017-03-09 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 13 -IssueDate 2017-01-01 -Paragraph 93 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=13&date=2017-03-01&anchor=para_93_a&doctype=Standard -URIDate 2017-03-09 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 13 -IssueDate 2017-01-01 -Paragraph 93 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=13&date=2017-03-01&anchor=para_93_b&doctype=Standard -URIDate 2017-03-09 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 13 -IssueDate 2017-01-01 -Paragraph 93 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=13&date=2017-03-01&anchor=para_93_e&doctype=Standard -URIDate 2017-03-09 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2017-01-01 -Paragraph 55 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2017-03-01&anchor=para_55&doctype=Standard -URIDate 2017-03-09 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2017-01-01 -Paragraph 23 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=8&date=2017-03-01&anchor=para_23&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_Assets
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- References No definition available. + Details
Name: | ifrs-full_AssetsAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. [Refer: Cash; Cash equivalents] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 7 -IssueDate 2017-01-01 -Paragraph 45 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=7&date=2017-03-01&anchor=para_45&doctype=Standard -URIDate 2017-03-09 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2017-01-01 -Paragraph B13 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=12&date=2017-03-01&anchor=para_B13_a&doctype=Appendix&seq=2 -URIDate 2017-03-09 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2017-01-01 -Paragraph 54 -Subparagraph i -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2017-03-01&anchor=para_54_i&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_CashAndCashEquivalents
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The amount of present obligations of the entity arising from past events, the settlement of which is expected to result in an outflow from the entity of resources embodying economic benefits. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 13 -IssueDate 2017-01-01 -Paragraph 93 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=13&date=2017-03-01&anchor=para_93_a&doctype=Standard -URIDate 2017-03-09 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2017-01-01 -Paragraph 28 -Subparagraph d -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=8&date=2017-03-01&anchor=para_28_d&doctype=Standard -URIDate 2017-03-09 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 13 -IssueDate 2017-01-01 -Paragraph 93 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=13&date=2017-03-01&anchor=para_93_b&doctype=Standard -URIDate 2017-03-09 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 13 -IssueDate 2017-01-01 -Paragraph 93 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=13&date=2017-03-01&anchor=para_93_e&doctype=Standard -URIDate 2017-03-09 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2017-01-01 -Paragraph 23 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=8&date=2017-03-01&anchor=para_23&doctype=Standard -URIDate 2017-03-09 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2017-01-01 -Paragraph 55 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2017-03-01&anchor=para_55&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_Liabilities
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- References No definition available. + Details
Name: | ifrs-full_LiabilitiesAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of current financial assets that the entity does not separately disclose in the same statement or note. [Refer: Other financial assets; Current financial assets] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2017-01-01 -Paragraph 54 -Subparagraph d -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2017-03-01&anchor=para_54_d&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_OtherCurrentFinancialAssets
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The amount of current liabilities that the entity does not separately disclose in the same statement or note. [Refer: Current liabilities] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2017-01-01 -Paragraph 55 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2017-03-01&anchor=para_55&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_OtherCurrentLiabilities
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of current non-financial assets that the entity does not separately disclose in the same statement or note. [Refer: Financial assets] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2017-01-01 -Paragraph 55 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2017-03-01&anchor=para_55&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_OtherCurrentNonfinancialAssets
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The amount of current non-financial liabilities that the entity does not separately disclose in the same statement or note. [Refer: Other financial liabilities] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2017-01-01 -Paragraph 55 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2017-03-01&anchor=para_55&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_OtherCurrentNonfinancialLiabilities
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of current trade payables and current other payables. [Refer: Current trade payables; Other current payables] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2017-01-01 -Paragraph 54 -Subparagraph k -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2017-03-01&anchor=para_54_k&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_TradeAndOtherCurrentPayables
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of current trade receivables and current other receivables. [Refer: Current trade receivables; Other current receivables] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2017-01-01 -Paragraph 54 -Subparagraph h -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2017-03-01&anchor=para_54_h&doctype=Standard -URIDate 2017-03-09 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2017-01-01 -Paragraph 78 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2017-03-01&anchor=para_78_b&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_TradeAndOtherCurrentReceivables
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition It represents the amount of accounts payable. + References No definition available. + Details
Name: | ltm_AccountsPayable
Namespace Prefix: | ltm_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition It represents the amount of accounts payable from related parties. + References No definition available. + Details
Name: | ltm_AccountsPayableFromRelatedEntities
Namespace Prefix: | ltm_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition It represents the amount of accounts receivable. + References No definition available. + Details
Name: | ltm_AccountsReceivable
Namespace Prefix: | ltm_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition It represents the amount of accounts receivable from related entities. + References No definition available. + Details
Name: | ltm_AccountsReceivableFromRelatedEntities
Namespace Prefix: | ltm_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | ifrs-full_ClassesOfFinancialLiabilitiesAxis=ltm_OtherFinancialLiabilitiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialLiabilitiesAxis=ltm_HeldHedgeDerivativesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_ClassesOfFinancialLiabilitiesAxis=ltm_FinancialLiabilities1Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_LoansAndReceivablesCategoryMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_CategoriesOfFinancialAssetsAxis=ltm_HedgeDerivativesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_CategoriesOfFinancialAssetsAxis=ltm_HeldForTradingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_CategoriesOfFinancialAssetsAxis=ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_CategoriesOfFinancialAssetsAxis=ltm_FinancialAssetsCategory1Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |