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STATEMENT OF CASH FLOWS (Tables) | 12 Months Ended
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Dec. 31, 2018
Statement Of Cash Flows |
Schedule of other inflows (outflows) of cash | Other inflows (outflows) of cash:
|  | For theyear ended |
|  | December 31, |
|  | 2018 |  |  | 2017 |  |  | 2016 |
|  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |
Fuel hedge |  |  | 77,234 |  |  |  | 19,862 |  |  |  | (50,029 | )
Hedging margin guarantees |  |  | 14,755 |  |  |  | (4,201 | ) |  |  | 1,184 |
Guarantees |  |  | 1,573 |  |  |  | 59,988 |  |  |  | (51,559 | )
Tax paid on bank transaction |  |  | 318 |  |  |  | (6,635 | ) |  |  | (10,668 | )
Change reservation systems |  |  | - |  |  |  | (16,120 | ) |  |  | - |
SEC agreement |  |  | - |  |  |  | - |  |  |  | (4,719 | )
DOJ fine |  |  | - |  |  |  | - |  |  |  | (12,750 | )
Currency hedge |  |  | (1,282 | ) |  |  | (17,798 | ) |  |  | (39,534 | )
Bank commissions, taxes paid and other |  |  | (8,179 | ) |  |  | (7,738 | ) |  |  | (769 | )
Fuel derivatives premiums |  |  | (13,947 | ) |  |  | (2,832 | ) |  |  | (6,840 | )
Court deposits |  |  | (30,860 | ) |  |  | (33,457 | ) |  |  | (33,635 | )
Others |  |  | - |  |  |  | - |  |  |  | 50 |
Total Other inflows (outflows) Operation flow |  |  | 39,612 |  |  |  | (8,931 | ) |  |  | (209,269 | )
Others deposits in guarantees |  |  | - |  |  |  | 3,754 |  |  |  | - |
Recovery loans convertible into shares |  |  | - |  |  |  | - |  |  |  | 8,896 |
Tax paid on bank transaction |  |  | (2,476 | ) |  |  | (2,594 | ) |  |  | (3,716 | )
Others |  |  | - |  |  |  | (10,383 | ) |  |  | (4,337 | )
Total Other inflows (outflows) Investment flow |  |  | (2,476 | ) |  |  | (9,223 | ) |  |  | 843 |
Loan guarantee |  |  | - |  |  |  | 80,615 |  |  |  | (74,186 | )
Aircraft Financing advances |  |  | 55,728 |  |  |  | (26,214 | ) |  |  | (125,149 | )
Settlement of derivative contracts |  |  | (11,675 | ) |  |  | (40,695 | ) |  |  | (29,828 | )
Total Other inflows (outflows) Financing flow |  |  | 44,053 |  |  |  | 13,706 |  |  |  | (229,163 | )
Schedule of dividends paid to minority shareholders | Dividends:
|  | For the year ended |
|  | December 31, |
|  | 2018 |  |  | 2017 |  |  | 2016 |
|  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |
Latam Airlines Group S.A. |  |  | (46,591 | ) |  |  | (20,766 | ) |  |  | - |
Multiplus S.A. (*) |  |  | (26,029 | ) |  |  | (45,876 | ) |  |  | (40,823 | )
Lan Perú S.A. (*) |  |  | - |  |  |  | - |  |  |  | (400 | )
Total dividends paid |  |  | (72,620 | ) |  |  | (66,642 | ) |  |  | (41,223 | )
(*) Dividends paid to minority shareholders
Schedule of liabilities arising from financing activities |
Reconciliation of liabilities arising from financing activities:
|  | As of |  |  | Cash flows |  |  | Non-Flow Movements |  |  | As of |
Obligations with |  | December 31, |  |  | Obtainment |  |  | Payment |  |  | Interest accrued |  |  |  |  |  | December 31, |
financial institutions |  | 2017 |  |  | Capital |  |  | Capital |  |  | Interest |  |  | and others |  |  | Reclassifications |  |  | 2018 |
|  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |
Loans to exporters |  |  | 314,619 |  |  |  | 293,001 |  |  |  | (202,000 | ) |  |  | (10,467 | ) |  |  | 5,568 |  |  |  | - |  |  |  | 400,721 |
Bank loans |  |  | 321,633 |  |  |  | 74,663 |  |  |  | (167,548 | ) |  |  | (13,961 | ) |  |  | 7,954 |  |  |  | - |  |  |  | 222,741 |
Guaranteed obligations |  |  | 4,036,843 |  |  |  | - |  |  |  | (315,698 | ) |  |  | (122,639 | ) |  |  | 99,320 |  |  |  | (1,163,805 | ) |  |  | 2,534,021 |
Other guaranteed obligations |  |  | 242,175 |  |  |  | 704,398 |  |  |  | (274,339 | ) |  |  | (16,873 | ) |  |  | 18,091 |  |  |  | - |  |  |  | 673,452 |
Obligation with the public |  |  | 1,584,066 |  |  |  | - |  |  |  | 1,561 |  |  |  | (107,629 | ) |  |  | 75,081 |  |  |  | - |  |  |  | 1,553,079 |
Financial leases |  |  | 1,109,504 |  |  |  | - |  |  |  | (691,390 | ) |  |  | (69,808 | ) |  |  | 112,743 |  |  |  | 1,163,805 |  |  |  | 1,624,854 |
Other loans |  |  | 282,800 |  |  |  | 55,728 |  |  |  | (88,935 | ) |  |  | (15,978 | ) |  |  | 19,243 |  |  |  | - |  |  |  | 252,858 |
Total Obligations with financial institutions |  |  | 7,891,640 |  |  |  | 1,127,790 |  |  |  | (1,738,349 | ) |  |  | (357,355 | ) |  |  | 338,000 |  |  |  | - |  |  |  | 7,261,726
Schedule of statement of consolidated cash flow | Below are the cash flows associated with aircraft purchases, which are included in the statement of consolidated cash flow, in the item Purchases of properties, plants and equipment:
|  | For the year ended |
|  | December 31, |
|  | 2018 |  |  | 2017 |
|  | ThUS$ |  |  | ThUS$ |
Increases (payments) |  |  | (212,163 | ) |  |  | (205,143 | )
Recoveries |  |  | 157,508 |  |  |  | 103,065 |
Total cash flows |  |  | (54,655 | ) |  |  | (102,078 | )
Schedule of consolidated statement of cash flow for the exercise | The net effect by the hyperinflation application in the consolidated statement of cash flow for the exercise ended December 31, 2018 corresponds to:
|  | ThUS$ |
Net cash flows from (used in) operating activities |  |  | 6,088 |
Net cash flows from (used in) investment activities |  |  | (17,611 | )
Net cash flows from (used in) financing activities |  |  | 3,914 |
Effects of variation in the exchange rate on cash and cash equivalents |  |  | 7,609 |
Net increase (decrease) in cash and cash equivalents |  |  | - |

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