XML 30 R15.htm IDEA: XBRL DOCUMENT v3.20.4
ACCOUNTS RECEIVABLE FROM/PAYABLE TO RELATED ENTITIES
12 Months Ended
Dec. 31, 2020
ACCOUNTS RECEIVABLE FROM/PAYABLE TO RELATED ENTITIES [Abstract]  
ACCOUNTS RECEIVABLE FROM/PAYABLE TO RELATED ENTITIES

NOTE 9 - ACCOUNTS RECEIVABLE FROM/PAYABLE TO RELATED ENTITIES


(a)Accounts Receivable

               As of   As of 
         Country     December 31,   December 31, 
Tax No.  Related party  Relationship  of origin  Currency  2020   2019 
               ThUS$   ThUS$ 
Foreign  Qatar Airways  Indirect shareholder  Qatar  US$   148    19,400 
Foreign  TAM Aviação Executiva e                   
   Taxi Aéreo S.A.  Common shareholder  Brazil  BRL   1    - 
Foreign  Delta Air Lines Inc.  Shareholder  U.S.A.  US$   -    205 
87.752.000-5  Granja Marina Tornagaleones S.A.  Common shareholder  Chile  CLP   6    36 
96.782.530-1  Inmobiliaria e Inversiones Asturias S.A.  Related director  Chile  CLP   -    1 
76.335.600-0  Parque de Chile S.A.  Related director  Chile  CLP   2    2 
96.989.370-3  Rio Dulce S.A.  Related director  Chile  CLP   1    - 
96.810.370-9  Inversiones Costa Verde                   
   Ltda. y CPA.  Related director  Chile  CLP   -    1 
   Total current assets            158    19,645 

(b)Current and non current accounts payable

               Current liabilities   Non current liabilities 
               As of   As of   As of   As of 
         Country     December 31,   December 31,   December 31,   December 31, 
Tax No.  Related party  Relationship  of origin  Currency  2020   2019   2020   2019 
               ThUS$   ThUS$   ThUS$   ThUS$ 
78.591.370-1  Bethia S.A. and Subsidiaries  Related director  Chile  CLP   -    53    -         - 
Foreign  Delta Airlines, Inc.  Shareholder  U.S.A.  US$   805    -    -    - 
Foreign  Patagonia Seafarms INC  Related director  U.S.A.  US$   7    3    -    - 
96.810.370-9  Inversiones Costa Verde Ltda. y CPA. (*)  Related director  Chile  CLP   -    -    105,713    - 
Foreign  QA Investments Ltd (*)  Common shareholder  Jersey Channel Islands  US$   -    -    132,141    - 
Foreign  QA Investments 2 Ltd (*)  Common shareholder  Jersey Channel Islands  US$   -    -    132,141    - 
Foreign  Lozuy S.A. (*)  Common shareholder  Uruguay  US$   -    -    26,428    - 
   Total current and non current liabilities            812    56    396,423    - 

(*)The balance correspond to DIP loan which is explained on Note 3.1 c).

Transactions between related parties have been carried out on arm’s lenght conditions between interested and duly-informed parties. The transaction times for Current and Non-Current Liabilities, they correspond to between 30 to 45 days and 1 to 2 years respectively, and the nature of settlement of the transactions is monetary.