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OTHER FINANCIAL ASSETS
 12 Months Ended
Dec. 31, 2020
Disclosure of other assets [text block] [Abstract]  
OTHER FINANCIAL ASSETS

NOTE 11 - OTHER FINANCIAL ASSETS


(a) The composition of other financial assets is as follows:


   Current Assets   Non-current assets   Total Assets 
   As of   As of   As of   As of   As of   As of 
   December 31,   December 31,   December 31,   December 31,   December 31,   December 31, 
   2020   2019   2020   2019   2020   2019 
   ThUS$   ThUS$   ThUS$   ThUS$   ThUS$   ThUS$ 
                         
(a) Other financial assets                        
Private investment funds   348    386,669    -    -    348    386,669 
Deposits in guarantee (aircraft)   2,435    8,934    21,498    28,599    23,933    37,533 
Guarantees for margins of derivatives   3,047    21,200    -    -    3,047    21,200 
Other investments   -    -    493    494    493    494 
Domestic and foreign bonds   18    19    -    -    18    19 
Other guarantees given   43,106    6,507    11,149    15,138    54,255    21,645 
Subtotal of other financial assets   48,954    423,329    33,140    44,231    82,094    467,560 
(b) Hedging derivate asset                              
Accrued Interest since the last payment date                              
Cross currency swap of currencies   -    3    -    -    -    3 
Fair value of interest rate derivatives   -    27,044    -    2,676    -    29,720 
Fair value of foreign currency derivatives   -    586    -    -    -    586 
Fair value of fuel price derivatives   1,296    48,542    -    -    1,296    48,542 
Subtotal of derivate assets   1,296    76,175    -    2,676    1,296    78,851 
Total Other Financial Assets   50,250    499,504    33,140    46,907    83,390    546,411 

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


(b) The balances composition by currencies of the Other financial assets are as follows:


   As of   As of 
   December 31,   December 31, 
Type of currency  2020   2019 
   ThUS $   ThUS $ 
         
Argentine peso   460    94 
Brazilian real   8,475    417,477 
Chilean peso   4,056    26,073 
Colombian peso   500    522 
Euro   3,236    1,525 
U.S.A dollar   63,922    97,988 
Other currencies   2,741    2,732 
Total   83,390    546,411