XML 195 R17.htm IDEA: XBRL DOCUMENT v3.22.4
OTHER FINANCIAL ASSETS
 12 Months Ended
Dec. 31, 2022
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 December 31, 2022   As of December 31, 2021   As of December 31, 2022   As of December 31, 2021   As of  December 31,  2022   As of December 31, 2021 
   ThUS$   ThUS$   ThUS$   ThUS$   ThUS$   ThUS$ 
(a)     Other financial assets                        
                         
Private investment funds   277    347    
-
    
-
    277    347 
Deposits in guarantee (aircraft)   22,340    7,189    1,273    2,758    23,613    9,947 
Guarantees for margins of derivatives   7,460    5,451    
-
    
-
    7,460    5,451 
Other investments   
-
    
-
    493    493    493    493 
Domestic and foreign bonds   
-
    1,290    
-
    
-
    
-
    1,290 
Guaranteed debt advances Chapter 11 (*)   340,008    
-
    
-
    
-
    340,008    
-
 
Other guarantees given   111,829    69,220    13,751    12,371    125,580    81,591 
Subtotal of other financial assets   481,914    83,497    15,517    15,622    497,431    99,119 
                               
(b)     Hedging derivative asset                              
                               
Fair value of interest rate derivatives   8,816    
-
    
-
    
-
    8,816    
-
 
Fair value of foreign currency derivatives   191    
-
    
-
    
-
    191    
-
 
Fair value of fuel price derivatives   12,594    17,641    
-
    
-
    12,594    17,641 
Subtotal of derivative assets   21,601    17,641    
-
    
-
    21,601    17,641 
Total Other Financial Assets   503,515    101,138    15,517    15,622    519,032    116,760 

 

(*)As of December 31, 2022, there are ThUS$340,008 of funds delivered to an agent as restricted advances, the purpose of which is to settle the claims pending resolution existing at the exit of the Chapter 11 process. See claims in force at the end of the period in Note 34b.

 

The different derivative hedging contracts maintained by the Company at the end of each fiscal year are described in Note 18.

 

(b) The balances composition by currencies of the Other financial assets are as follows:

 

Type of currency  As of
December 31,
2022		   As of
December 31,
2021		 
   ThUS$   ThUS$ 
Argentine peso    5     16 
Brazilian real   336,676    9,775 
Chilean peso   5,847    4,502 
Colombian peso   1,716    1,727 
Euro   6,791    4,104 
U.S.A dollar   165,457    93,247 
Other currencies   2,540    3,389 
Total   519,032    116,760