Schedule of level of hedge

Positions as of December 31, 2022 (*)	Maturities
	Q123			Q223			Q323			Q423			Total
Percentage of coverage over the expected volume of consumption		24	%		24	%		15	%		5	%		17	%

Positions as of December 31, 2021 (*)	Maturities
	Q122			Q222			Q322			Q422			Total
Percentage of coverage over the expected volume of consumption		25	%		30	%		17	%		14	%		21	%

Schedule of class of liability for the analysis of liquidity risk ordered by date of maturity

								More than		More than		More than
						Up to		90 days		one to		three to		More than							Annual
		Creditor				90		to one		three		five		five				Nominal			Effective		Nominal
Tax No.	Creditor	country		Currency		days		year		years		years		years		Total		value		Amortization	rate		rate
						ThUS$		ThUS$		ThUS$		ThUS$		ThUS$		ThUS$		ThUS$			%		%

Bank loans
0-E	GOLDMAN SACHS		U.S.A.		US$		32,071		122,278		323,125		1,361,595		-		1,839,069		1,100,000	Quarterly		18.46		13.38
0-E	SANTANDER		Spain		US$		19,164		55,288		-		-		-		74,452		70,951	Quarterly		7.26		7.26

Obligations with the public
97.036.000-K	SANTANDER		Chile		UF		-		3,136		6,271		6,271		178,736		194,414		156,783	To the expiration		2.00		2.00
0-E	WILMINGTON TRUST COMPANY		U.S.A.		US$		-		152,531		307,625		757,625		887,250		2,105,031		1,150,000	To the expiration		15.00		13.38
97.036.000-K	SANTANDER		Chile		US$		-		-		-		-		6		6		3	To the expiration		1.00		1.00

Guaranteed obligations
0-E	BNP PARIBAS		U.S.A.		US$		6,692		14,705		39,215		39,215		138,345		238,172		184,198	Quarterly		5.76		5.76
0-E	WILMINGTON TRUST COMPANY		U.S.A.		US$		3,839		13,465		45,564		43,444		75,505		181,817		141,605	Quartely/Monthly		8.20		8.20

Other guaranteed obligation
0-E	EXIM BANK		U.S.A.		US$		394		1,171		12,119		21,111		60,857		95,652		86,612	Quarterly		2.01		1.78
0-E	MUFG		U.S.A.		US$		13,091		38,914		69,916		-		-		121,921		112,388	Quarterly		6.23		6.23
0-E	CREDIT AGRICOLE		France		US$		5,769		31,478		70,890		267,615		-		375,752		275,000	To the expiration		8.24		8.24

Financial lease
0-E	CITIBANK		U.S.A.		US$		6,995		5,844		-		-		-		12,839		12,514	Quarterly		6.19		5.47
0-E	BNP PARIBAS		U.S.A.		US$		6,978		20,662		1,543		-		-		29,183		28,165	Quarterly		5.99		5.39
0-E	NATIXIS		France		US$		9,864		29,468		75,525		70,787		129,582		315,226		239,138	Quarterly		6.44		6.44
0-E	US BANK		U.S.A.		US$		18,072		54,088		86,076		-		-		158,236		152,693	Quarterly		4.06		2.85
0-E	PK AIRFINANCE		U.S.A.		US$		1,749		5,165		6,665		-		-		13,579		12,590	Quarterly		5.97		5.97
0-E	EXIM BANK		U.S.A.		US$		3,176		9,681		137,930		193,551		157,978		502,316		446,509	Quarterly		3.58		2.79
0-E	BANK OF UTAH		U.S.A.		US$		5,878		17,651		47,306		50,649		145,184		266,668		182,237	Monthly		10.45		10.45

Others loans
0-E	OTHERS (*)				US$		2,028		-		-		-		-		2,028		2,028	To the expiration		-		-
	TOTAL						135,760		575,525		1,229,770		2,811,863		1,773,443		6,526,361		4,353,414

More than

Up to

90 days

one to

three to

More than

Annual

Creditor

90

to one

three

five

Nominal

Effective

Nominal

Tax No.

Creditor

country

Currency

days

year

years

Total

value

Amortization

rate

ThUS$

%

Financial leases

0-E

NATIXIS

France

US$

510

1,530

4,080

7,846

18,046

Semiannual/Quarterly

7.23

Bank loans

0-E

MERRIL LYNCH CREDIT PRODUCTS LLC

Brazil

BRL

304,549

-

304,549

Monthly

3.95

TOTAL

305,059

1,530

4,080

7,846

322,595

							More than		More than		More than		More
					Up to		90 days		one to		three to		than								Annual
		Creditor			90		to one		three		five		five				Nominal				Effective		Nominal
Tax No.	Creditor	country	Currency		days		year		years		years		years		Total		value		Amortization		rate		rate
					ThUS$		ThUS$		ThUS$		ThUS$		ThUS$		ThUS$		ThUS$				%		%
Lease Liability
	AIRCRAFT	OTHERS		US$		80,602		250,297		845,215		776,431		1,094,935		3,047,480		2,134,968		-		-		-
	OTHER ASSETS	OTHERS		US$		1,727		8,080		20,641		6,251		1,763		38,462		35,157		-		-		-
				CLP		20		34		69		-		-		123		111		-		-		-
				UF		574		1,568		3,007		2,515		6,273		13,937		11,703		-		-		-
				COP		76		227		301		-		-		604		518		-		-		-
				EUR		84		253		246		24		-		607		571		-		-		-
				BRL		2,064		6,192		14,851		12,491		28,625		64,223		33,425
Trade and other accounts payables
-	OTHERS	OTHERS		US$		80,557		35,542		-		-		-		116,099		116,099		-		-		-
				CLP		168,393		1,231		-		-		-		169,624		169,624		-		-		-
				BRL		370,772		5,242		-		-		-		376,014		376,014		-		-		-
				Other currency		583,118		3,935		-		-		-		587,053		587,053		-		-		-
Accounts payable to related parties currents
Foreign	Inversora Aeronáutica Argentina S.A.	Argentina		US$		5		-		-		-		-		5		5		-		-		-
Foreign	Patagonia Seafarms INC	U.S.A		CLP		7		-		-		-		-		7		7		-		-		-
	Total					1,287,999		312,601		884,330		797,712		1,131,596		4,414,238		3,465,255
	Total consolidated					1,728,818		889,656		2,118,180		3,613,655		2,912,885		11,263,194		8,141,264

						More than		More than		More than
				Up to		90 days		one to		three to		More than							Annual
		Creditor		90		to one		three		five		five				Nominal			Effective		Nominal
Tax No.	Creditor	country	Currency	days		year		years		years		years		Total		value		Amortization	rate		rate
				ThUS$		ThUS$		ThUS$		ThUS$		ThUS$		ThUS$		ThUS$			%		%
Loans to exporters
97.018.000-1	CITIBANK	Chile	US$		115,350		-		-		-		-		115,350		114,000	At Expiration		2.96		2.96
97.030.000-7	ITAU	Chile	US$		20,140		-		-		-		-		20,140		20,000	At Expiration		4.20		4.20
0-E	HSBC	Chile	US$		12,123		-		-		-		-		12,123		12,000	At Expiration		4.15		4.15

Bank loans
97.023.000-9	CORPBANCA	Chile	UF		10,236		-		-		-		-		10,236		10,106	Quarterly		3.35		3.35
0-E	SANTANDER	Spain	US$		751		2,604		106,939		-		-		110,294		106,427	Quarterly		2.80		2.80
0-E	CITIBANK	U.S.A.	UF		60,935		-		-		-		-		60,935		60,935	At Expiration		3.10		3.10

Obligations with the public
97.030.000-7	BANCO ESTADO	Chile	UF		36,171		179,601		31,461		31,461		369,537		648,231		502,897	At Expiration		4.81		4.81
0-E	BANK OF NEW YORK	U.S.A.	US$		184,188		104,125		884,188		856,000		-		2,028,501		1,500,000	At Expiration		7.16		6.94

Guaranteed obligations
0-E	BNP PARIBAS	U.S.A.	US$		17,182		19,425		40,087		41,862		95,475		214,031		198,475	Quarterly		1.48		1.48
0-E	MUFG	U.S.A.	US$		29,652		17,921		36,660		37,829		55,297		177,359		166,712	Quarterly		1.64		1.64
0-E	WILMINGTON TRUST COMPANY	U.S.A.	US$		933		4,990		29,851		36,337		89,263		161,374		144,358	Quarterly / Monthly		3.17		1.60

Other guaranteed obligation
0-E	CREDIT AGRICOLE	France	US$		273,199		-		-		-		-		273,199		273,199	At Expiration		1.82		1.82
0-E	MUFG	U.S.A.	US$		8,150		46,746		94,062		14,757		-		163,715		156,933	Quarterly		1.72		1.72
0-E	CITIBANK	U.S.A.	US$		613,419		-		-		-		-		613,419		600,000	At Expiration		2.00		2.00
0-E	BANK OF UTAH	U.S.A.	US$		-		1,858,051		-		-		-		1,858,051		1,644,876	At Expiration		22.71		12.97
0-E	EXIM BANK	U.S.A.	US$		271		1,173		3,375		10,546		55,957		71,322		62,890	Quarterly		1.84		1.84

Financial lease
0-E	CREDIT AGRICOLE	France	US$		699		1,387		-		-		-		2,086		2,052	Quarterly		3.68		3.23
0-E	CITIBANK	U.S.A.	US$		19,268		59,522		5,721		-		-		84,511		83,985	Quarterly		1.37		0.79
0-E	BNP PARIBAS	U.S.A.	US$		7,351		26,519		21,685		-		-		55,555		54,918	Quarterly		1.56		0.96
0-E	NATIXIS	France	US$		5,929		34,328		59,574		59,930		130,131		289,892		261,458	Quarterly		2.09		2.09
0-E	US BANK	U.S.A.	US$		18,158		72,424		133,592		6,573		-		230,747		219,667	Quarterly		4.03		2.84
0-E	PK AIRFINANCE	U.S.A.	US$		853		5,763		10,913		-		-		17,529		16,851	Quarterly		1.88		1.88
0-E	EXIM BANK	U.S.A.	US$		2,758		11,040		61,167		249,466		269,087		593,518		533,127	Quarterly		2.88		2.03

Others loans
0-E	OTHERS (*)		US$		55,819		-		-		-		-		55,819		55,819	At Expiration		-		-
	TOTAL				1,493,535		2,445,619		1,519,275		1,344,761		1,064,747		7,867,937		6,801,685

						More than		More than		More than		More
				Up to		90 days		one to		three to		than							Annual
		Creditor		90		to one		three		five		five				Nominal			Effective		Nominal
Tax No.	Creditor	country	Currency	days		year		years		years		years		Total		value		Amortization	rate		rate
					ThUS$		ThUS$		ThUS$		ThUS$		ThUS$		ThUS$		ThUS$			%		%
Bank loans
0-E	NCM	Netherlands	US$		990		-		-		-		-		990		943	Monthly		6.01		6.01
0-E	MERRIL LYNCH CREDIT PRODUCTS LLC	U.S.A.	BRL		185,833		-		-		-		-		185,833		185,833	Monthly		3.95		3.95
0-E	BANCO BRADESCO	Brazil	BRL		74,661		-		-		-		-		74,661		74,661	Monthly		4.33		4.33

Financial leases
0-E	NATIXIS	France	US$		486		2,235		4,080		11,076		-		17,877		17,326	Quarterly		2.74		2.74
0-E	GA TELESIS LLC	U.S.A.	US$		762		2,706		4,675		4,646		5,077		17,866		10,999	Monthly		14.72		14.72

Others Loans

0-E	Deustche Bank (*)	Brazil	US$		20,689		-		-		-		-		20,689		20,689	At Expiration		-		-
	TOTAL				283,421		4,941		8,755		15,722		5,077		317,916		310,451

				Up to		More than 90 days		More than one to		More than three to		More than								Annual
		Creditor		90		to one		three		five		five				Nominal				Effective		Nominal
Tax No.	Creditor	country	Currency	days		year		years		years		years		Total		value		Amortization		rate		rate
				ThUS$		ThUS$		ThUS$		ThUS$		ThUS$		ThUS$		ThUS$				%		%
Lease Liability
	AIRCRAFT	OTHERS	US$		694,568		469,568		767,629		811,843		778,613		3,522,221		2,883,657		-		-		-
	OTHER ASSETS	OTHERS	US$		9,859		11,820		22,433		23,365		8,651		76,128		73,615		-		-		-
			UF		1,759		982		245		76		231		3,293		2,621		-		-		-
			COP		2		7		35		-		-		44		42		-		-		-
			EUR		198		112		293		-		-		603		599		-		-		-
			PEN		4		7		97		-		-		108		103		-		-		-
Trade and other accounts payables
	OTHERS	OTHERS	US$		644,743		165,085		-		-		-		809,828		809,828		-		-		-
			CLP		214,224		4,912		-		-		-		219,136		219,136		-		-		-
			BRL		365,486		5,258		-		-		-		370,744		370,744		-		-		-
			Other currency		542,304		3,719		-		-		-		546,023		546,023		-		-		-
Accounts payable to related parties currents (*)
Foreign	Inversora Aeronáutica Argentina S.A.	Argentina	US$		-		5		-		-		-		5		5		-		-		-
Foreign	Delta Airlines	U.S.A	US$		-		2,268		-		-		-		2,268		2,268		-		-		-
Foreign	Patagonia Seafarms INC	U.S.A	US$		-		7		-		-		-		7		7		-		-		-
81.062.300-4	Costa Verde Aeronautica S.A.	Chile	US$		-		175,819		-		-		-		175,819		175,819		-		-		-
Foreign	QA Investments Ltd	Jersey Channel Islands	US$		-		219,774		-		-		-		219,774		219,774		-		-		-
Foreign	QA Investments 2 Ltd	Jersey Channel Islands	US$		-		219,774		-		-		-		219,774		219,774		-		-		-
Foreign	Lozuy S.A.	Uruguay	US$		-		43,955		-		-		-		43,955		43,955		-		-		-

	Total				2,473,147		1,323,072		790,732		835,284		787,495		6,209,730		5,567,970
	Total consolidated				4,250,103		3,773,632		2,318,762		2,195,767		1,857,319		14,395,583		12,680,106

Schedule of financial instruments which are not recorded at fair value

	As of December 31, 2022				As of December 31, 2021
	Book value		Fair value		Book value		Fair value
	ThUS$		ThUS$		ThUS$		ThUS$
Cash and cash equivalents		1,121,223		1,121,223		1,020,810		1,020,810
Cash on hand		2,248		2,248		2,120		2,120
Bank balance		480,566		480,566		558,078		558,078
Overnight		259,129		259,129		386,034		386,034
Time deposits		379,280		379,280		74,578		74,578
Other financial assets, current		481,637		481,637		83,150		83,150
Other financial assets		481,637		481,637		83,150		83,150
Trade debtors, other accounts receivable and Current accounts receivable		1,008,109		1,008,109		881,770		881,770
Accounts receivable from entities related, current		19,523		19,523		724		724
Other financial assets, not current		15,517		15,517		15,622		15,622
Accounts receivable, non-current		12,743		12,743		12,201		12,201

Other current financial liabilities		802,841		824,167		4,447,780		4,339,370
Accounts payable for trade and other accounts payable, current		1,627,992		1,627,992		4,839,251		4,839,251
Accounts payable to entities related, current		12		12		661,602		662,345
Other financial liabilities, not current		5,979,039		5,533,131		5,948,702		5,467,594
Accounts payable, not current		326,284		326,284		472,426		472,426

FINANCIAL RISK MANAGEMENT (Tables) [Line Items]

Schedule of sensitivity analysis

	Effect on Income Statement	Effect on Income Statement
Appreciation (depreciation)	for the period ended December 31, 2022	for the period ended December 31, 2021
of R$/US$	(MUS$)	(MUS$)
-10%	+70.7	+51.9
+10%	-70.7	-51.9

FINANCIAL RISK MANAGEMENT (Tables) [Line Items]

Schedule of sensitivity analysis

Increase (decrease)	Positions as of December 31, 2022	Positions as of December 31, 2021
futures curve	effect on profit or loss before tax	effect on profit or loss before tax
in libor 3 months	(MUS$)	(MUS$)

+ 100 basis points	-22.64	-46.31
- 100 basis points	+22.64	+46.31

FINANCIAL RISK MANAGEMENT (Tables) [Line Items]