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PARENT COMPANY FINANCIAL INFORMATION (Tables)

12 Months Ended

Dec. 31, 2020

Parent Company Financial Information [Abstract]

ASSETS

	As of		As of
	December 31,		December 31,
	2020		2019
	ThUS$		ThUS$
Cash and cash equivalents
Cash and cash equivalents		1,295,042		538,200
Other financial assets		32,407		82,041
Other non-financial assets		82,318		126,765
Trade and other accounts receivable		282,896		442,046
Accounts receivable from related entities		412,370		214,693
Inventories		168,686		162,826
Current tax assets		2,545		5,182

Total current assets other than non-current assets (or disposal groups) classified as held for sale or as held for distribution to owners		2,276,264		1,571,753

Non-current assets (or disposal groups) classified as held for sale or as held for distribution to owners		300,367		489,719

Total current assets		2,576,631		2,061,472

Non-current assets
Other financial assets		27,658		35,675
Investments accounted for using the equity method		9,006,797		9,801,639
Other non-financial assets		13,356		33,104
Accounts receivable		2,975		2,313
Accounts receivable from related entities		38,300		56,823
Intangible assets other than goodwill		167,893		222,260
Goodwill		-		38,992
Property, plant and equipment		8,683,419		10,756,213
Deferred tax assets		553,122		-
Total non-current assets		18,493,520		20,947,019

Total assets		21,070,151		23,008,491

LIABILITIES AND EQUITY

	As of			As of
	December 31,			December 31,
LIABILITIES	2020			2019
	ThUS$			ThUS$
Current liabilities
Other financial liabilities		2,347,033			1,576,602
Trade and other accounts payables		1,013,399			712,790
Accounts payable to related entities		1,481,281			1,261,916
Other provisions		32			30
Other non-financial liabilities		1,411,582			1,860,979
Total current liabilities other than non-current liabilities (or disposal groups) classified as held for sale		6,253,327			5,412,317

Total current liabilities		6,253,327			5,412,317

Non-current liabilities
Other financial liabilities		5,631,916			6,286,583
Accounts payable		416,034			347,529
Accounts payable to related entities		574,202			177,779
Other provisions		9,892,007			6,539,683
Deferred tax liabilities		-			211,095
Employee benefits		47,915			61,793
Other non-financial liabilities		697,135			842,535
Total non-current liabilities		17,259,209			14,466,997
Total liabilities		23,512,536			19,879,314

EQUITY
Share capital		3,146,265			3,146,265
Retained earnings/(losses)		(4,193,615	)		352,272
Treasury Shares		(178	)		(178	)
Other reserves		(1,388,185	)		(367,577	)
Parent’s ownership interest		(2,435,713	)		3,130,782
Non-controlling interest		(6,672	)		(1,605	)
Total equity		(2,442,385	)		3,129,177
Total liabilities and equity		21,070,151			23,008,491

Schedule of condensed income statement

	For the year ended
	December 31,
	2020			2019			2018
	ThUS$			ThUS$			ThUS$

Revenue		1,272,077			2,958,270			3,107,993
Cost of sales		(2,099,716	)		(2,860,173	)		(2,687,140	)
Gross margin		(827,639	)		98,097			420,853
Other income		948,160			1,124,033			1,157,905
Distribution costs		(125,563	)		(222,585	)		(217,828	)
Administrative expenses		(225,557	)		(326,640	)		(339,017	)
Other expenses		(154,582	)		(211,830	)		(189,719	)
Restructuring activities expenses		(837,673	)		-			-
Other gains/(losses)		(98,790	)		15,367			53,446

Income from operation activities		(1,321,644	)		476,442			885,640

Financial income		11,812			23,262			10,906
Financial costs		(410,153	)		(479,596	)		(468,842	)
Share of profit of investments accounted for using the equity method		(3,537,259	)		88,429			(49,115	)
Foreign exchange gains/(losses)		(66,004	)		(76,122	)		(78,566	)
Result of indexation units		-			67			115

Income (loss) before taxes		(5,323,248	)		32,482			300,138
Income tax expense / benefit		767,713			163,131			41,648

NET INCOME (LOSS) FOR THE YEAR		(4,555,535	)		195,613			341,786

Schedule of condensed cash flow statement

	For the year ended
	December 31,
	2020			2019			2018
	ThUS$			ThUS$			ThUS$

Cash flows from operating activities
Cash collection from operating activities
Proceeds from sales of goods and services		2,240,961			6,621,168			5,948,097
Other cash receipts from operating activities		52,192			122,637			89,513
Payments for operating activities
Payments to suppliers for goods and services		(1,713,223	)		(4,491,682	)		(4,325,619	)
Payments to and on behalf of employees		(298,370	)		(466,212	)		(437,946	)
Other payments for operating activities		(27,757	)		(67,056	)		(55,511	)
Interest received		-			5,127			(1,454	)
Income taxes (paid)		(2,764	)		-			-
Other cash inflows (outflows)		61,532			302,246			75,403

Net cash flows from operating activities		312,571			2,026,228			1,292,483

Cash flows from investing activities
Cash flows from losses of control of subsidiaries or other businesses		-			-			39,108
Cash flows used to obtain control of subsidiaries or other businesses		(349,125	)		-			(199,701	)
Other cash receipts from sales of equity or debt instruments of other entities		30,439			172,122			242,253
Other payments to acquire equity or debt instruments of other entities		(27,199	)		(172,295	)		(250,968	)
Loans to related entities		-			-			(48,125	)
Amounts raised from sale of property, plant and equipment		75,566			42,600			112,255
Purchases of property, plant and equipment		(163,022	)		(578,498	)		(545,885	)
Purchases of intangible assets		(70,363	)		(66,018	)		(60,508	)
Interest received		3,235			12,757			6,200

Net cash flow (used in) investing activities		(500,469	)		(589,332	)		(705,371	)

Cash flows from financing activities
Payments for changes in ownership interests in subsidiaries that do not result in loss of control		(3,225	)		-			-
Amounts raised from long-term loans		1,361,807			370,139			769,055
Amounts raised from short-term loans		296,267			93,000			293,000
Loans from Related Entities		373,125			-			-
Loans repayments		(749,258	)		(1,632,577	)		(913,490	)
Payments of lease liabilities		(90,335	)		-			(545,824	)
Dividends paid		-			(54,580	)		(46,591	)
Interest paid		(135,859	)		(283,612	)		(287,730	)
Other cash inflows (outflows)		(107,782	)		(58,704	)		44,053

Net cash flows (used in) financing activities		944,740			(1,566,334	)		(687,527	)
Net increase in cash and cash equivalents before effect of exchanges rate change		756,842			(129,438	)		(100,415	)
Effects of variation in the exchange rate on cash and cash equivalents		-			5,183			-
Net increase (decrease) in cash and cash equivalents		756,842			(124,255	)		(100,415	)
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF YEAR		538,200			662,455			762,870

CASH AND CASH EQUIVALENTS AT THE END OF YEAR		1,295,042			538,200			662,455