XML 73 R56.htm IDEA: XBRL DOCUMENT v3.8.0.1
OTHER NON-FINANCIAL ASSETS (Tables)
12 Months Ended
Dec. 31, 2017
Miscellaneous assets [abstract]  
Schedule of composition of Other non-financial assets

The composition of other non-financial assets is as follows:

 

    Current assets     Non-current assets     Total Assets  
    As of     As of     As of     As of     As of     As of  
    December 31,     December 31,     December 31,     December 31,     December 31,     December 31,  
    2017     2016     2017     2016     2017     2016  
    ThUS$     ThUS$     ThUS$     ThUS$     ThUS$     ThUS$  
                                     
(a)   Advance payments                                                
                                                 
Aircraft leases     31,322       37,560       4,718       14,065       36,040       51,625  
Aircraft insurance and other     17,681       14,717       -       -       17,681       14,717  
Others     10,012       4,521       1,186       1,573       11,198       6,094  
Subtotal advance payments     59,015       56,798       5,904       15,638       64,919       72,436  
                                                 
(b)   Other assets                                                
                                                 
Aircraft maintenance reserve (*)     21,505       51,576       51,836       90,175       73,341       141,751  
Sales tax     137,866       102,351       37,959       40,232       175,825       142,583  
Other taxes     2,475       500       -       -       2,475       500  
Contributions to Société Internationale  de Télécommunications Aéronautiques ("SITA")     327       406       670       591       997       997  
Judicial deposits     -       -       124,438       90,604       124,438       90,604  
Others     -       611       -       104       -       715  
Subtotal other assets     162,173       155,444       214,903       221,706       377,076       377,150  
Total Other Non - Financial Assets     221,188       212,242       220,807       237,344       441,995       449,586  

 

(*) Aircraft maintenance reserves reflect prepayment deposits made by the group to lessors of certain aircraft under operating lease agreements in order to ensure that funds are available to support the scheduled heavy maintenance of the aircraft.