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INVESTMENTS IN ASSOCIATES AND OTHER COMPANIES (Details 3) - CLP ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016
Investments In Associates And Other Companies |  |  |  |
Opening balance as of January 1, |  | $ 27,585 | $ 23,780 | $ 20,309
Acquisition of investments (*) | [1] |  | 3 | 1,123
Sale of investments |  |  |  |
Participation in income |  | 5,095 | 3,963 | 3,012
Dividends received |  | (38) | (116) | (217)
Other equity adjustments |  | (639) | (45) | (447)
Total |  | $ 32,003 | $ 27,585 | $ 23,780
[1] | See reference. part a) of this note.

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