XML 233 R55.htm IDEA: XBRL DOCUMENT
v3.22.4

INVESTMENTS IN SUBSIDIARIES (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Disclosure Of Subsidiaries Text Block Abstract |
Schedule of significant subsidiaries |
|  |  |  |  |  | Ownership |
|  |  |  |  |  | As of |  |  | As of |
|  | Country of |  | Functional |  | December 31, |  |  | December 31, |
Name of significant subsidiary |  | incorporation |  | currency |  | 2022 |  |  | 2021 |
|  |  |  |  |  | % |  |  | % |
Latam Airlines Perú S.A. |  | Peru |  | US$ |  |  | 99.81000 |  |  |  | 99.81000 |
Lan Cargo S.A. |  | Chile |  | US$ |  |  | 99.89810 |  |  |  | 99.89810 |
Lan Argentina S.A. |  | Argentina |  | ARS |  |  | 100.00000 |  |  |  | 100.00000 |
Transporte Aéreo S.A. |  | Chile |  | US$ |  |  | 100.00000 |  |  |  | 100.00000 |
Latam Airlines Ecuador S.A. |  | Ecuador |  | US$ |  |  | 100.00000 |  |  |  | 100.00000 |
Aerovías de Integración Regional, AIRES S.A. |  | Colombia |  | COP |  |  | 99.21764 |  |  |  | 99.20120 |
TAM S.A. |  | Brazil |  | BRL |  |  | 100.00000 |  |  |  | 100.00000 |
Schedule of financial information of significant subsidiaries |
|  | Statement of financial position as of December 31, 2022 |  |  | Income for the period ended December 31, 2022 |
|  | Total |  |  | Current |  |  | Non-current |  |  | Total |  |  | Current |  |  | Non-current |  |  |  |  |  | Net |
Name of significant subsidiary |  | Assets |  |  | Assets |  |  | Assets |  |  | Liabilities |  |  | Liabilities |  |  | Liabilities |  |  | Revenue |  |  | Income/(loss) |
|  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |
Latam Airlines Perú S.A. |  |  | 335,773 |  |  |  | 305,288 |  |  |  | 30,485 |  |  |  | 281,178 |  |  |  | 276,875 |  |  |  | 4,303 |  |  |  | 1,257,865 |  |  |  | (12,726 | )
Lan Cargo S.A. |  |  | 394,378 |  |  |  | 144,854 |  |  |  | 249,524 |  |  |  | 212,094 |  |  |  | 165,297 |  |  |  | 46,797 |  |  |  | 333,054 |  |  |  | (1,230 | )
Lan Argentina S.A. |  |  | 178,881 |  |  |  | 175,130 |  |  |  | 3,751 |  |  |  | 176,707 |  |  |  | 111,306 |  |  |  | 65,401 |  |  |  | 3,108 |  |  |  | (450,755 | )
Transporte Aéreo S.A. |  |  | 283,166 |  |  |  | 47,238 |  |  |  | 235,928 |  |  |  | 177,109 |  |  |  | 145,446 |  |  |  | 31,663 |  |  |  | 320,187 |  |  |  | (36,190 | )
Latam Airlines Ecuador S.A. |  |  | 110,821 |  |  |  | 107,313 |  |  |  | 3,508 |  |  |  | 93,975 |  |  |  | 82,687 |  |  |  | 11,288 |  |  |  | 134,622 |  |  |  | 1,519 |
Aerovías de Integración Regional, AIRES S.A. |  |  | 112,501 |  |  |  | 109,076 |  |  |  | 3,425 |  |  |  | 213,941 |  |  |  | 211,679 |  |  |  | 2,262 |  |  |  | 394,430 |  |  |  | (122,199 | )
TAM S.A. (*) |  |  | 3,497,848 |  |  |  | 1,998,284 |  |  |  | 1,499,564 |  |  |  | 4,231,547 |  |  |  | 3,302,692 |  |  |  | 928,855 |  |  |  | 4,255,115 |  |  |  | (69,932 | )
|  | Statement of financial position as of December 31, 2021 |  |  | Income for the period ended December 31, 2021 |
|  | Total |  |  | Current |  |  | Non-current |  |  | Total |  |  | Current |  |  | Non-current |  |  |  |  |  | Net |
Name of significant subsidiary |  | Assets |  |  | Assets |  |  | Assets |  |  | Liabilities |  |  | Liabilities |  |  | Liabilities |  |  | Revenue |  |  | Income/(loss) |
|  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |
Latam Airlines Perú S.A. |  |  | 484,388 |  |  |  | 454,266 |  |  |  | 30,122 |  |  |  | 417,067 |  |  |  | 414,997 |  |  |  | 2,070 |  |  |  | 584,929 |  |  |  | (109,390 | )
Lan Cargo S.A. |  |  | 721,484 |  |  |  | 452,981 |  |  |  | 268,503 |  |  |  | 537,180 |  |  |  | 488,535 |  |  |  | 48,645 |  |  |  | 215,811 |  |  |  | 1,590 |
Lan Argentina S.A. |  |  | 162,995 |  |  |  | 158,008 |  |  |  | 4,987 |  |  |  | 119,700 |  |  |  | 98,316 |  |  |  | 21,384 |  |  |  | 242 |  |  |  | (200,315 | )
Transporte Aéreo S.A. |  |  | 471,094 |  |  |  | 184,235 |  |  |  | 286,859 |  |  |  | 327,955 |  |  |  | 275,246 |  |  |  | 52,709 |  |  |  | 203,411 |  |  |  | (56,135 | )
Latam Airlines Ecuador S.A. |  |  | 112,437 |  |  |  | 108,851 |  |  |  | 3,586 |  |  |  | 97,111 |  |  |  | 80,861 |  |  |  | 16,250 |  |  |  | 68,762 |  |  |  | (5,596 | )
Aerovías de Integración Regional, AIRES S.A. |  |  | 70,490 |  |  |  | 67,809 |  |  |  | 2,681 |  |  |  | 87,749 |  |  |  | 75,621 |  |  |  | 12,128 |  |  |  | 239,988 |  |  |  | (19,810 | )
TAM S.A. (*) |  |  | 2,608,859 |  |  |  | 1,262,825 |  |  |  | 1,346,034 |  |  |  | 3,257,148 |  |  |  | 2,410,426 |  |  |  | 846,722 |  |  |  | 2,003,922 |  |  |  | (741,791 | )
(*) | Corresponds to consolidated information of TAM S.A. and subsidiaries
Schedule of non-controlling interest |
|  |  |  |  |  | As of |  |  | As of |  |  | As of |  |  | As of |
|  |  |  | Country |  | December 31, |  |  | December 31, |  |  | December 31, |  |  | December 31, |
Equity |  | Tax No. |  | of origin |  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
|  |  |  |  |  | % |  |  | % |  |  | ThUS$ |  |  | ThUS$ |
Latam Airlines Perú S.A |  | Foreign |  | Peru |  |  | 0.19000 |  |  |  | 0.19000 |  |  |  | (12,392 | ) |  |  | (13,035 | )
Lan Cargo S.A. and Subsidiaries |  | 93.383.000-4 |  | Chile |  |  | 0.10196 |  |  |  | 0.10196 |  |  |  | (1,638 | ) |  |  | 2,481 |
Lan Pax Airlines Group S.A. y Filiales |  | 96.969.680-0 |  | Chile |  |  | 0.00000 |  |  |  | 0.00000 |  |  |  | 1,691 |  |  |  | (149 | )
Linea Aérea Carguera de Colombiana S.A. |  | Foreign |  | Colombia |  |  | 9.54000 |  |  |  | 9.54000 |  |  |  | 129 |  |  |  | (422 | )
Transportes Aereos del Mercosur S.A. |  | Foreign |  | Paraguay |  |  | 5.02000 |  |  |  | 5.02000 |  |  |  | 653 |  |  |  | 769 |
Total |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (11,557 | ) |  |  | (10,356 | )
|  |  |  |  |  |  |  |  | For the year ended |  |  |  |  |  |  |  |  | For the year ended |  |  |  |
|  |  |  | Country |  |  |  |  | December 31, |  |  |  |  |  |  |  |  | December 31, |  |  |  |
Incomes |  | Tax No. |  | of origin |  | 2022 |  |  | 2021 |  |  | 2020 |  |  | 2022 |  |  | 2021 |  |  | 2020 |
|  |  |  |  |  | % |  |  | % |  |  | % |  |  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |
Latam Airlines Perú S.A |  | Foreign |  | Peru |  |  | 0.19000 |  |  |  | 0.19000 |  |  |  | 0.19000 |  |  |  | 643 |  |  |  | (5,553 | ) |  |  | (8,102 | )
Lan Cargo S.A. and Subsidiaries |  | 93.383.000-4 |  | Chile |  |  | 0.10196 |  |  |  | 0.10196 |  |  |  | 0.10196 |  |  |  | (4,118 | ) |  |  | (1,771 | ) |  |  | (121 | )
Lan Pax Airlines Group S.A. y Filiales |  | 96.969.680-0 |  | Chile |  |  | - |  |  |  | - |  |  |  | 0.10196 |  |  |  | 967 |  |  |  | (182 | ) |  |  | 431 |
Linea Aérea Carguera de Colombiana S.A. |  | Foreign |  | Colombia |  |  | 9.54000 |  |  |  | 9.54000 |  |  |  | 9.54000 |  |  |  | 551 |  |  |  | 1,788 |  |  |  | (943 | )
Transportes Aereos del Mercosur S.A. |  | Foreign |  | Paraguay |  |  | 5.02000 |  |  |  | 0.79880 |  |  |  | 5.02000 |  |  |  | (116 | ) |  |  | 67 |  |  |  | (913 | )
Total |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (2,073 | ) |  |  | (5,651 | ) |  |  | (9,648 | )

X
- Definition The disclosure of the composition of the group (the parent and all its subsidiaries). [Refer: Subsidiaries [member]; Parent [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2022-03-24 -Paragraph 10 -Subparagraph a -Clause i -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2022-en-r&anchor=para_10_a_i&doctype=Standard -URIDate 2022-03-24 + Details
Name: | ifrs-full_DisclosureOfCompositionOfGroupExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of information about consolidated structured entities. [Refer: Consolidated structured entities [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2022-03-24 -Section Nature of the risks associated with an entity's interests in consolidated structured entities -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2022-en-r&doctype=Standard&dita_xref=IFRS12_g14-17__IFRS12_g14-17_TI -URIDate 2022-03-24 + Details
Name: | ifrs-full_DisclosureOfInformationAboutConsolidatedStructuredEntitiesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of noncontrolling interest explanatory. + References No definition available. + Details
Name: | ltm_DisclosureOfNonControllingInterestExplanatory
Namespace Prefix: | ltm_
Data Type: | dtr:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ltm_DisclosureOfSubsidiariesTextBlockAbstract
Namespace Prefix: | ltm_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration