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INVESTMENTS IN SUBSIDIARIES (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure of subsidiaries [abstract]  
Schedule of significant subsidiaries

Detail of significant subsidiaries and summarized financial information:

 

            Ownership  
            As of     As of  
    Country of   Functional   December 31,     December 31,  
Name of significant subsidiary   incorporation   currency   2017     2016  
            %     %  
Lan Perú S.A.   Peru   US$     70.00000       70.00000  
Lan Cargo S.A.   Chile   US$     99.89803       99.89803  
Lan Argentina S.A.   Argentina   ARS     99.86560       99.86560  
Transporte Aéreo S.A.   Chile   US$     100.00000       100.00000  
Aerolane Líneas Aéreas Nacionales del Ecuador S.A.   Ecuador   US$     100.00000       100.00000  
Aerovías de Integración Regional, AIRES S.A.   Colombia   COP     99.19061       99.19061  
TAM S.A.   Brazil   BRL     99.99938       99.99938  
Schedule of financial statements of subsidiaries

Summary financial information of significant subsidiaries

 

          Results for the period  
    Statement of financial position as of December 31, 2017     ended December 31, 2017  
    Total     Current     Non-current     Total     Current     Non-current           Net  
Name of significant subsidiary   Assets     Assets     Assets     Liabilities     Liabilities     Liabilities     Revenue     Income  
    ThUS$     ThUS$     ThUS$     ThUS$     ThUS$     ThUS$     ThUS$     ThUS$  
                         
Lan Perú S.A.     315,607       294,308       21,299       303,204       301,476       1,728       1,046,423       1,205  
Lan Cargo S.A.     584,169       266,836       317,333       371,934       292,529       79,405       264,544       (30,220 )
Lan Argentina S.A.     198,951       166,445       32,506       143,731       139,914       3,817       387,557       (41,636 )
Transporte Aéreo S.A.     324,498       30,909       293,589       104,357       36,901       67,456       317,436       2,172  
Aerolane Líneas Aéreas Nacionales del Ecuador S.A.     96,407       66,166       30,241       84,123       78,817       5,306       219,039       3,722  
Aerovías de Integración Regional, AIRES S.A.     138,138       64,160       73,978       91,431       80,081       11,350       279,414       526  
TAM S.A. (*)     4,490,714       1,843,822       2,646,892       3,555,423       2,052,633       1,502,790       4,621,338       160,582  

 

    Statement of financial position as of December 31, 2016     Results for the period
ended December 31, 2016
 
    Total     Current     Non-current     Total     Current     Non-current           Net  
Name of significant subsidiary   Assets     Assets     Assets     Liabilities     Liabilities     Liabilities     Revenue     Income  
    ThUS$     ThUS$     ThUS$     ThUS$     ThUS$     ThUS$     ThUS$     ThUS$  
                                                 
Lan Perú S.A.     306,111       283,691       22,420       294,912       293,602       1,310       967,787       (2,164 )
Lan Cargo S.A.     480,908       144,309       336,599       239,728       211,395       28,333       266,296       (24,813 )
Lan Argentina S.A.     216,331       194,306       22,025       200,172       197,330       2,842       371,896       (29,572 )
Transporte Aéreo S.A.     340,940       36,986       303,954       124,805       59,668       65,137       297,247       8,206  
Aerolane Líneas Aéreas Nacionales del Ecuador S.A.     89,667       56,064       33,603       81,101       75,985       5,116       219,676       (1,281 )
Aerovías de Integración Regional, AIRES S.A.     129,734       55,132       74,602       85,288       74,160       11,128       277,503       (13,675 )
TAM S.A. (*)     5,287,286       1,794,189       3,493,097       4,710,308       2,837,620       1,872,688       4,145,951       2,107  

 

    Statement of financial position as of December 31, 2015     Results for the period
ended December 31, 2015
 
    Total     Current     Non-current     Total     Current     Non-current           Net  
Name of significant subsidiary   Assets     Assets     Assets     Liabilities     Liabilities     Liabilities     Revenue     Income  
    ThUS$     ThUS$     ThUS$     ThUS$     ThUS$     ThUS$     ThUS$     ThUS$  
                                                 
Lan Perú S.A.     255,691       232,547       23,144       240,938       239,521       1,417       1,078,992       5,068  
Lan Cargo S.A.     483,033       159,294       323,739       217,037       147,423       69,614       278,117       (74,408 )
Lan Argentina S.A.     195,756       180,558       15,198       170,384       168,126       2,258       443,317       9,432  
Transporte Aéreo S.A.     331,117       41,756       289,361       122,666       44,495       78,171       324,464       5,878  
Aerolane Líneas Aéreas Nacionales del Ecuador S.A.     126,001       80,641       45,360       116,153       111,245       4,908       246,402       (1,278 )
Aerovías de Integración Regional,  AIRES S.A.     130,039       62,937       67,102       75,003       64,829       10,174       291,354       (34,079 )
TAM S.A. (*)     4,711,316       1,350,377       3,360,939       4,199,223       1,963,400       2,235,823       4,597,611       (183,812 )

   

(*) Correspond to consolidated information of TAM S.A. and Subsidiaries.

Schedule of non-controlling interest of subsidiary

Non-controlling interest

 

            As of     As of     As of     As of  
        Country   December 31,     December 31,     December 31,     December 31,  
Equity   Tax No.   of origin   2017     2016     2017     2016  
            %     %     ThUS$     ThUS$  
                                 
Lan Perú S.A   0-E   Peru     30.00000       30.00000       3,722       3,360  
Lan Cargo S.A. and Subsidiaries   93.383.000-4   Chile     0.10196       0.10196       849       957  
Promotora Aérea Latinoamericana S.A. and Subsidiaries   0-E   Mexico     51.00000       51.00000       4,578       3,162  
Inversora Cordillera S.A. and Subsidiaries   0-E   Argentina     0,13940       0.70422       3,502       515  
Lan Argentina S.A.   0-E   Argentina     0,02842       0.13440       79       (311 )
Americonsult de Guatemala S.A.   0-E   Guatemala     1.00000       1.00000       1       1  
Americonsult Costa Rica S.A.   0-E   Costa Rica     1.00000       1.00000       12       12  
Linea Aérea Carguera de Colombiana S.A.   0-E   Colombia     10.00000       10.00000       (520 )     (905 )
Aerolíneas Regionales de Integración Aires S.A.   0-E   Colombia     0.80944       0.80944       461       436  
Transportes Aereos del Mercosur S.A.   0-E   Paraguay     5.02000       5.02000       1,324       1,104  
Multiplus S.A.   0-E   Brazil     27.26000       27.26000       77,139       80,313  
Total                             91,147       88,644  

 

            As of     As of     As of     For the period ended  
        Country   December 31,     December 31,     December 31,     December 31,  
Incomes   Tax No.   of origin   2017     2016     2015     2017     2016     2015  
            %     %     %     ThUS$     ThUS$     ThUS$  
                           
Lan Perú S.A   0-E   Peru     30.00000       30.00000       30.00000       360       (649 )     1,521  
Lan Cargo S.A. and Subsidiaries   93.383.000-4   Chile     0.10196       0.10196       0.10605       (4 )     (7 )     (69 )
Promotora Aerea Latinoamericana S.A. and Subsidiaries   0-E   Mexico     51.00000       51.00000       51.00000       1,416       96       1,349  
Inversora Cordillera S.A. and Subsidiaries   0-E   Argentina     0,13940       0.70422       0.70422       117       364       281  
Lan Argentina S.A.   0-E   Argentina     0,02842       0.13440       1.00000       24       77       61  
Americonsult de Guatemala S.A.   0-E   Guatemala     1.00000       1.00000       1.00000       -       (4 )     1  
Americonsult Costa Rica S.A.   0-E   Costa Rica     1.00000       1.00000       1.00000       -       -       5  
Linea Aérea Carguera de Colombiana S.A.   0-E   Colombia     10.00000       10.00000       10.00000       398       (106 )     14  
Aerolíneas Regionales de Integración Aires S.A.   0-E   Colombia     0.80944       0.80944       0.98307       4       (140 )     (335 )
Transportes Aereos del Mercosur S.A.   0-E   Paraguay     5.02000       5.02000       5.02000       299       146       431  
Multiplus S.A.   0-E   Brazil     27.26000       27.26000       27.26000       42,796       41,673       37,283  
Total                                     45,410       41,450       40,542