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TRADE AND OTHER ACCOUNTS PAYABLES

12 Months Ended

Dec. 31, 2022

Disclosure Of Trade And Other Payables Text Block Abstract

NOTE 19 - TRADE AND OTHER ACCOUNTS PAYABLES

The composition of Trade and other accounts payables is as follows:

	As of		As of
	December 31,		December 31,
	2022		2021
	ThUS$		ThUS$

Current
(a) Trade and other accounts payables		1,248,790		1,945,731
(b) Accrued liabilities		379,202		2,893,520
Total trade and other accounts payables		1,627,992		4,839,251

(a)	Trade and other accounts payable:

	As of		As of
	December 31		December 31,
	2022		2021
	ThUS$		ThUS$

Trade creditors		967,468		1,439,929
Other accounts payable		281,322		505,802
Total		1,248,790		1,945,731

The details of Trade and other accounts payables are as follows:

	As of		As of
	December 31,		December 31,
	2022		2021
	ThUS$		ThUS$

Maintenance		108,402		375,144
Suppliers technical purchases		136,594		328,811
Professional services and advisory		131,991		129,682
Boarding Fees		209,370		171,128
Leases, maintenance and IT services		81,119		143,586
Handling and ground handling		126,464		176,142
Aircraft Fuel		52,606		77,171
Other personnel expenses		124,000		90,410
Airport charges and overflight		90,386		104,241
Marketing		37,351		49,865
Services on board		43,349		56,072
Air companies		14,496		11,250
Crew		11,428		12,007
Bonus Payable		9,450		11,144
Land services		3,049		6,553
Jol Fleet		-		9,891
Others		68,735		192,634
Total trade and other accounts payables		1,248,790		1,945,731

(b) Liabilities accrued:

	As of		As of
	December 31,		December 31,
	2022		2021
	ThUS$		ThUS$

Aircraft and engine maintenance (1)		184,753		1,166,181
Accrued personnel expenses		81,857		59,327
Accounts payable to personnel (2)		74,802		58,153
Other agreed claims (3)		-		1,575,005
Others accrued liabilities		37,790		34,854
Total accrued liabilities		379,202		2,893,520

(1)

As of December 31, 2021, these amounts include some claims agreed with aircraft lessors related to maintenance in addition to agreed fleet claims, both associated with the negotiations resulting from the Chapter 11 procedure.The balances of commercial accounts and other accounts payable for 2021, include the amounts that were part of the reorganization agreement, as a result of the entry into the Chapter 11 Procedure on May 26, 2020, and on July 9 for the subsidiaries of LATAM in Brazil. These balances were paid upon exit from Chapter 11, from November to December 2022.

(2)	Participation in profits and bonuses (Note 22 letter b).

(3)	For the other agreed claims, ThUS$ 26,145 were compensated with Convert G and ThUS$ 1,548,860 with Convert I.