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INVENTORIES | 12 Months Ended
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Dec. 31, 2024
Classes of current inventories [abstract] |
INVENTORIES | INVENTORIES The composition of Inventories is as follows:
| As of December 31, 2024 |  | As of December 31, 2023
| ThUS$ |  | ThUS$
Technical stock (*) | 390,259 |  |  | 540,342 |
Non-technical stock (**) | 48,271 |  |  | 52,538 |
Total | 438,530 |  |  | 592,880 |
(*) Correspond to spare parts and materials that will be used in both own and third-party maintenance services. (**) Consumption of on-board services, uniforms and other indirect materials These are valued at their average acquisition cost net of their obsolescence provision according to the following detail:
| As of December 31, 2024 |  | As of December 31, 2023
| ThUS$ |  | ThUS$
Provision for obsolescence Technical stock | 76,167 |  |  | 45,621 |
Provision for obsolescence Non-technical stock | 8,700 |  |  | 5,228 |
Total | 84,867 |  |  | 50,849 |
The resulting amounts do not exceed the respective net realization values. As of December 31, 2024, the Company registered ThUS$281,792 (ThUS$296,423 for the period ended December 31, 2023) in the income statements, mainly related to on-board consumption and maintenance, which is part of the Cost of sales.

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- Definition The entire disclosure for inventories. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 2 -IssueDate 2024-01-01 -Section Disclosure -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=2&code=ifrs-tx-2024-en-r&doctype=Standard&dita_xref=IAS02_g36-39_TI -URIDate 2024-03-27 + Details
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