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OTHER NON-FINANCIAL LIABILITIES

12 Months Ended

Dec. 31, 2022

Disclosure Of Non Financial Other Liabilities Explanatory Abstract

NOTE 21 - OTHER NON-FINANCIAL LIABILITIES

	Current liabilities				Non-current liabilities				Total Liabilities
	As of		As of		As of		As of		As of		As of
	December 31,		December 31,		December 31,		December 31,		December 31,		December 31,
	2022		2021		2022		2021		2022		2021
	ThUS$		ThUS$		ThUS$		ThUS$		ThUS$		ThUS$

Deferred revenues (1)(2)		2,533,081		2,273,137		420,208		512,056		2,953,289		2,785,193
Sales tax		7,194		3,870		-		-		7,194		3,870
Retentions		40,810		31,509		-		-		40,810		31,509
Other taxes		12,045		4,916		-		-		12,045		4,916
Other sundry liabilities		49,121		19,144		-		-		49,121		19,144
Total other non-financial liabilities		2,642,251		2,332,576		420,208		512,056		3,062,459		2,844,632

Deferred Income Movement

			Deferred income
								Loyalty
			(1)					program (Award and			Expiration of			Translation			Others			Final
	Initial balance		Recognition		Use			redeem)			tickets			Difference			provisions			balance
	ThUS$		ThUS$		ThUS$			ThUS$			ThUS$			ThUS$			ThUS$			ThUS$

From January 1 to December 31, 2019		2,974,760		8,264,970		(7,703,011	)		124,548			(156,435	)		2,232			33,402			3,540,466

From January 1 to December 31, 2020		3,540,466		1,970,203		(2,554,476	)		(137,176	)		(72,670	)		(3,485	)		(3,974	)		2,738,888

From January 1 to December 31, 2021		2,738,888		4,221,168		(4,053,345	)		(12,091	)		(114,227	)		-			4,800			2,785,193

From 1 de January to December 31, 2022		2,785,193		9,772,469		(9,077,188	)		(241,201	)		(314,027	)		4,585			23,458			2,953,289

(1)	The balance includes mainly, deferred income for services not provided as of December 31, 2022 and December 31, 2021 and for the frequent flyer LATAM Pass program.

LATAM Pass is LATAM’s frequent flyer program that allows rewarding the preference and loyalty of its customers with multiple benefits and privileges, through the accumulation of miles or points that can be exchanged for tickets or for a varied range of products and services. Clients accumulate miles or LATAM Pass points every time they fly in LATAM and other airlines associated with the program, as well as by buying in stores or use the services of a vast network of companies that have agreements with the program around the world.

(2)

As of December 31, 2022, Deferred Income includes ThUS$ 41,318 related to the compensation from Delta Air Lines, Inc., which is recognized in the income statement based on the estimation of income differentials until the implementation of the strategic alliance. During the period, the Company has recognized ThUS $ 30,408 within the income statement related with this compensation.

Additionally, as of December 31, 2021, the Company maintains a balance of ThUS $ 29,507 in Trade accounts payable of the Statement of Financial Position, corresponding to the compensation of costs to be incurred.