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OTHER FINANCIAL ASSETS | 12 Months Ended
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Dec. 31, 2021
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, |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
|  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |
(a) Other financial assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Private investment funds |  |  | 347 |  |  |  | 348 |  |  |  | - |  |  |  | - |  |  |  | 347 |  |  |  | 348 |
Deposits in guarantee (aircraft) |  |  | 7,189 |  |  |  | 2,435 |  |  |  | 2,758 |  |  |  | 21,498 |  |  |  | 9,947 |  |  |  | 23,933 |
Guarantees for margins of derivatives |  |  | 5,451 |  |  |  | 3,047 |  |  |  | - |  |  |  | - |  |  |  | 5,451 |  |  |  | 3,047 |
Other investments |  |  | - |  |  |  | - |  |  |  | 493 |  |  |  | 493 |  |  |  | 493 |  |  |  | 493 |
Domestic and foreign bonds |  |  | 1,290 |  |  |  | 18 |  |  |  | - |  |  |  | - |  |  |  | 1,290 |  |  |  | 18 |
Other guarantees given |  |  | 69,220 |  |  |  | 43,106 |  |  |  | 12,371 |  |  |  | 11,149 |  |  |  | 81,591 |  |  |  | 54,255 |
Subtotal of other financial assets |  |  | 83,497 |  |  |  | 48,954 |  |  |  | 15,622 |  |  |  | 33,140 |  |  |  | 99,119 |  |  |  | 82,094 |
(b) Hedging derivate asset |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fair value of fuel price derivatives |  |  | 17,641 |  |  |  | 1,296 |  |  |  | - |  |  |  | - |  |  |  | 17,641 |  |  |  | 1,296 |
Subtotal of derivate assets |  |  | 17,641 |  |  |  | 1,296 |  |  |  | - |  |  |  | - |  |  |  | 17,641 |  |  |  | 1,296 |
Total Other Financial Assets |  |  | 101,138 |  |  |  | 50,250 |  |  |  | 15,622 |  |  |  | 33,140 |  |  |  | 116,760 |  |  |  | 83,390 |
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 |  | 2021 |  |  | 2020 |
|  | ThUS$ |  |  | ThUS$ |
Argentine peso |  |  | 16 |  |  |  | 460 |
Brazilian real |  |  | 9,775 |  |  |  | 8,475 |
Chilean peso |  |  | 4,502 |  |  |  | 4,056 |
Colombian peso |  |  | 1,727 |  |  |  | 500 |
Euro |  |  | 4,104 |  |  |  | 3,236 |
U.S.A dollar |  |  | 93,247 |  |  |  | 63,922 |
Other currencies |  |  | 3,389 |  |  |  | 2,741 |
Total |  |  | 116,760 |  |  |  | 83,390 |

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- Definition The disclosure of other assets. [Refer: Other assets] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2021-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_10_e&doctype=Standard -URIDate 2021-03-24 + Details
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