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TRADE AND OTHER ACCOUNTS RECEIVABLE CURRENT, AND NON- CURRENT ACCOUNTS RECEIVABLE (Tables) | 12 Months Ended
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Dec. 31, 2021
TRADE AND OTHER ACCOUNTS RECEIVABLE CURRENT, AND NON- CURRENT ACCOUNTS RECEIVABLE [Abstract] |
Schedule of trade and other accounts receivable |
|  | As of |  |  | As of |
|  | December 31, |  |  | December 31, |
|  | 2021 |  |  | 2020 |
|  | ThUS$ |  |  | ThUS$ |
Trade accounts receivable |  |  | 785,952 |  |  |  | 532,106 |
Other accounts receivable |  |  | 209,925 |  |  |  | 194,454 |
Total trade and other accounts receivable |  |  | 995,877 |  |  |  | 726,560 |
Less: Expected credit loss |  |  | (81,004 | ) |  |  | (122,193 | )
Total net trade and accounts receivable |  |  | 914,873 |  |  |  | 604,367 |
Less: non-current portion – accounts receivable |  |  | (12,201 | ) |  |  | (4,986 | )
Trade and other accounts receivable, current |  |  | 902,672 |  |  |  | 599,381 |
Schedule of expected credit losses |
|  | As of December 31, 2021 |  |  | As December 31, 2020 |
|  | Expected |  |  | Gross book |  |  | Impairment loss |  |  | Expected |  |  | Gross book |  |  | Impairment loss |
Portfolio maturity |  | loss rate (1) |  |  | value (2) |  |  | Provision |  |  | loss rate (1) |  |  | value (2) |  |  | Provision |
|  | % |  |  | ThUS$ |  |  | ThUS$ |  |  | % |  |  | ThUS$ |  |  | ThUS$ |
Up to date |  |  | 1 | % |  |  | 591,210 |  |  |  | (8,806 | ) |  |  | 4 | % |  |  | 302,079 |  |  |  | (11,112 | )
From 1 to 90 days |  |  | 10 | % |  |  | 116,613 |  |  |  | (11,840 | ) |  |  | 4 | % |  |  | 103,615 |  |  |  | (4,049 | )
From 91 to 180 days |  |  | 31 | % |  |  | 11,376 |  |  |  | (3,567 | ) |  |  | 66 | % |  |  | 15,989 |  |  |  | (10,501 | )
From 181 to 360 days |  |  | 72 | % |  |  | 3,863 |  |  |  | (2,766 | ) |  |  | 80 | % |  |  | 40,621 |  |  |  | (32,627 | )
more of 360 days |  |  | 86 | % |  |  | 62,890 |  |  |  | (54,025 | ) |  |  | 92 | % |  |  | 69,802 |  |  |  | (63,904 | )
Total |  |  |  |  |  |  | 785,952 |  |  |  | (81,004 | ) |  |  |  |  |  |  | 532,106 |  |  |  | (122,193 | )
(1) | Corresponds to the consolidated expected rate of accounts receivable.
(2) | The gross book value represents the maximum credit risk value of trade accounts receivables.
Schedule of trade and other accounts receivable and non-current accounts receivable |
|  | As of |  |  | As of |
|  | December 31, |  |  | December 31, |
Currency |  | 2021 |  |  | 2020 |
|  | ThUS$ |  |  | ThUS$ |
Argentine Peso |  |  | 7,282 |  |  |  | 6,517 |
Brazilian Real |  |  | 361,745 |  |  |  | 221,952 |
Chilean Peso |  |  | 53,488 |  |  |  | 44,737 |
Colombian Peso |  |  | 5,657 |  |  |  | 1,292 |
Euro |  |  | 24,143 |  |  |  | 24,370 |
US Dollar |  |  | 441,079 |  |  |  | 292,125 |
Korean Won |  |  | 844 |  |  |  | 79 |
Mexican Peso |  |  | 2,428 |  |  |  | 4,624 |
Australian Dollar |  |  | 62 |  |  |  | 49 |
Pound Sterling |  |  | 12,728 |  |  |  | 5,647 |
Uruguayan Peso (New) |  |  | 860 |  |  |  | 792 |
Swiss Franc |  |  | 360 |  |  |  | 754 |
Japanese Yen |  |  | 106 |  |  |  | 77 |
Swedish crown |  |  | 488 |  |  |  | 129 |
Other Currencies |  |  | 3,603 |  |  |  | 1,223 |
Total |  |  | 914,873 |  |  |  | 604,367 |
Schedule of provision for impairment losses of trade debtors and other accounts receivable |
|  |  | Opening |  |  |  |  |  | (Increase) |  |  | Closing |
Periods |  |  | balance |  |  | Write-offs |  |  | Decrease |  |  | balance |
|  |  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |
From January 1 to December 31, 2019 |  |  |  | (97,991 | ) |  |  | 12,569 |  |  |  | (14,980 | ) |  |  | (100,402 | )
From January 1 to December 31, 2020 |  |  |  | (100,402 | ) |  |  | 30,754 |  |  |  | (52,545 | ) |  |  | (122,193 | )
From January 1 to December 31, 2021 |  |  |  | (122,193 | ) |  |  | 26,435 |  |  |  | 14,754 |  |  |  | (81,004 | )
Schedule of accounts receivable categories |
|  | As of December 31, 2021 |  |  | As of December 31, 2020 |
|  | Gross exposure |  |  | Gross |  |  | Exposure net |  |  | Gross exposure |  |  | Gross |  |  | Exposure net |
|  | according to |  |  | impaired |  |  | of risk |  |  | according to |  |  | Impaired |  |  | of risk |
|  | balance |  |  | exposure |  |  | concentrations |  |  | balance |  |  | exposure |  |  | concentrations |
|  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |
Trade accounts receivable |  |  | 785,952 |  |  |  | (81,004 | ) |  |  | 704,948 |  |  |  | 532,106 |  |  |  | (122,193 | ) |  |  | 409,913 |
Other accounts receivable |  |  | 209,925 |  |  |  | - |  |  |  | 209,925 |  |  |  | 194,454 |  |  |  | - |  |  |  | 194,454 |

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