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OTHER FINANCIAL ASSETS
12 Months Ended
Dec. 31, 2019
Disclosure of other assets [text block] [Abstract]  
Disclosure of other assets [text block]

NOTE 11 - OTHER FINANCIAL ASSETS


The composition of other financial assets is as follows:


   Current Assets   Non-current assets   Total Assets 
   As of
December 31,
2019
   As of
December 31,
2018
   As of
December 31,
2019
   As of
December 31,
2018
   As of
December 31,
2019
   As of
December 31,
2018
 
   ThUS$   ThUS$   ThUS$   ThUS$   ThUS$   ThUS$ 
(a) Other financial assets                        
Private investment funds   386,669    322,428    -    -    386,669    322,428 
Deposits in guarantee (aircraft)   8,934    9,610    28,599    37,636    37,533    47,246 
Guarantees for margins of derivatives   21,200    661    -    -    21,200    661 
Other investments   -    -    494    494    494    494 
Domestic and foreign bonds   19    1,394    -    -    19    1,394 
Other guarantees given   6,507    7,140    15,138    20,570    21,645    27,710 
Subtotal of other financial assets   423,329    341,233    44,231    58,700    467,560    399,933 
                               
(b) Hedging derivate assets                              
Accrued Interest since the last payment date                              
Cross currency swap of currencies   3    -    -    -    3    - 
Fair value of interest rate derivatives   27,044    19,460    2,676    -    29,720    19,460 
Fair value of foreign currency derivatives   586    3,895    -    -    586    3,895 
Fair value of fuel price derivatives   48,542    -    -    -    48,542    - 
Subtotal of hedging derivate assets   76,175    23,355    2,676    -    78,851    23,355 
                               
(c) Derivatives not recognized as a hedge                              
Foreign currency derivatives not recognized as a hedge   -    19,396    -    -    -    19,396 
Subtotal of derivatives not recognized as a hedge   -    19,396    -    -    -    19,396 
Total Other Financial Assets   499,504    383,984    46,907    58,700    546,411    442,684 

The different derivative hedging contracts maintained by the Company at the end of each fiscal year are described in Note 19.