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INTANGIBLE ASSETS OTHER THAN GOODWILL
 12 Months Ended
Dec. 31, 2019
Disclosure of intangible assets [text block] [Abstract]  
Disclosure of intangible assets [text block]

NOTE 15 - INTANGIBLE ASSETS OTHER THAN GOODWILL


The details of intangible assets are as follows:


   Classes of intangible assets   Classes of intangible assets 
   (net)   (gross) 
   As of   As of   As of   As of 
   December 31,   December 31,   December 31,   December 31, 
   2019   2018   2019   2018 
   ThUS$   ThUS$   ThUS$   ThUS$ 
Airport slots   845,959    828,969    845,959    828,969 
Loyalty program   263,806    274,420    263,806    274,420 
Computer software   220,993    156,038    656,699    529,009 
Developing software   99,193    151,853    99,193    151,853 
Trademarks (1)   17,959    29,361    51,326    53,391 
Other assets   331    431    1,315    1,325 
Total   1,448,241    1,441,072    1,918,298    1,838,967 

Movement in Intangible assets other than goodwill:


   Computer
software
Net		   Developing
software		   Airport
slots (2)		   Trademarks
and loyalty
program (1) ( 2)		   Total 
   ThUS$   ThUS$   ThUS$   ThUS$   ThUS$ 
Opening balance as of January 1, 2017   157,016    91,053    978,849    383,395    1,610,313 
Additions   8,453    78,880    -    -    87,333 
Withdrawals   (244)   (684)   -    -    (928)
Transfer software   45,783    (45,580)   -    -    203 
Foreign exchange   (1,215)   (254)   (14,336)   (5,459)   (21,264)
Amortization   (48,823)   -    -    (9,587)   (58,410)
Closing balance as of December 31, 2017   160,970    123,415    964,513    368,349    1,617,247 
                          
Opening balance as of January 1, 2018   160,970    123,415    964,513    368,349    1,617,247 
Additions   791    94,301    -    -    95,092 
Withdrawals   (403)   (125)   -    -    (528)
Transfer software   59,771    (61,087)   -    -    (1,316)
Foreign exchange   (10,231)   (4,651)   (135,544)   (53,522)   (203,948)
Amortization   (54,549)   -    -    (11,046)   (65,595)
Adjustment application IAS 29 by hyperinflation Argentina   120    -    -    -    120 
Closing balance as of December 31, 2018   156,469    151,853    828,969    303,781    1,441,072 
                          
Opening balance as of January 1, 2019   156,469    151,853    828,969    303,781    1,441,072 
Additions   278    91,371    47,587    -    139,236 
Withdrawals   (270)   (1,123)   -    -    (1,393)
Transfer software   136,935    (140,102)   -    -    (3,167)
Foreign exchange   (1,981)   (2,806)   (30,597)   (11,612)   (46,996)
Amortization   (70,107)   -    -    (10,404)   (80,511)
Closing balance as of December 31, 2019   221,324    99,193    845,959    281,765    1,448,241 

1)In 2016, the Company resolved to adopt a unique name and identity, and announced that the group’s brand will be LATAM, which united all the companies under a single image.

The estimate of the new useful life is 5 years, equivalent to the period necessary to complete the change of image.


2)See Note 2.5

The amortization of each period is recognized in the consolidated income statement in the administrative expenses. The cumulative amortization of computer programs and brands as of December 31, 2019, amounts to ThUS $ 470,057 (ThUS $ 397,895 as of December 31, 2018).