XML 118 R50.htm IDEA: XBRL DOCUMENT v3.22.1
TRADE AND OTHER ACCOUNTS RECEIVABLE CURRENT, AND NON- CURRENT ACCOUNTS RECEIVABLE (Tables)
 12 Months Ended
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