XML 224 R61.htm IDEA: XBRL DOCUMENT

Investments in Associates and other Companies (Tables)

12 Months Ended

Dec. 31, 2019

Investments In Associates And Other Companies

Schedule of investments in associates and other companies

														Investment
		Ownership interest As of December 31												Carrying value As of December 31,												Profit and loss As of December 31,
		2019 MCh$				2018 MCh$				2017 MCh$				2019 MCh$				2018 MCh$				2017 MCh$				2019 MCh$				2018 MCh$				2017 MCh$
Company
Redbanc S.A. (*)			-				33,43				33,43				-				2,822				2,537				-				-				-
Transbank S.A. (*)			-				25,00				25,00				-				17,651				14,534				-				-				-
Centro de Compensación Automatizado S.A.			33,33				33,33				33,33				2,184				1,894				1,589				293				305				236
Sociedad Interbancaria de Depósito de Valores S.A.			29,29				29,29				29,29				1,485				1,233				1,087				252				223				235
Cámara de Compensación de Alto Valor S.A. (1)			15,00				15,00				15,00				958				945				909				29				58				66
Administrador Financiero del Transantiago S.A.			20,00				20,00				20,00				3,986				3,680				3,098				390				582				317
Sociedad Nexus S.A. (*)			-				12,90				12,90				-				2,279				1,911				-				-				-
Servicios de Infraestructura de Mercado OTC S.A.			12,07				12,48				12,48				1,556				1,491				1,489				60				57				115
Subtotal															10,169				31,995				27,154				1,024				1,225				969
Shares or rights in other companies
Bladex															-				-				136				13				19				25
Stock Exchanges															-				-				287				109				148				150
Others															8				8				8				-				(67	)			-
Total															10,177				32,003				27,585				1,146				1,325				1,144

(*)

The Bank has entered into a process of selling the shares in Redbanc S.A., Transbank S.A. and Nexus SA, therefore, the treatment established in IFRS 5 "Non-current assets held for sale and discontinued operations" has been applied, on the participation of said companies, which is described in Note 1 v) and Note 39.

(1)	In February 2017, Banco Paris sold to Banco Santander a portion of its interest in the companies "Sociedad Operadora de la Cámara de Compensación de pagos de Alto Valor S.A.", the Bank's share increased to 15,00%.

Schedule of fair value of these equity investments

The fair value of these equity investments is as follows:

		December 31,
		2019				2018
		MCh$				MCh$
Bladex			328				329
Stock exchange			154				154
Total			482				483

Schedule of financial information of associates

Summary of financial information of associates as of and for the years ended December 31, 2019, 2018 and 2017:

As of December 31,
		2019																2018																2017
		Assets				Liabilities				Equity				Net income				Assets				Liabilities				Equity				Net income				Assets				Liabilities				Equity				Net income
		MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$				MCh$

Redbanc S.A.			23,413				14,106				8,441				866				20,825				12,469				7,505				851				21,235				13,751				6,428				1,056
Transbank S.A.			1,217,448				1,133,441				70,605				13,402				904,558				835,200				56,888				12,470				822,487				765,683				48,709				8,095
Centro de Compensación Automatizado S.A.			8,550				1,998				5,671				881				7,073				1,480				4,677				916				6,871				2,174				3,989				708
Sociedad Interbancaria de Depósito de Valores S.A.			5,074				4				4,209				861				4,392				230				3,400				762				3,720				60				2,858				802
Cámara de Compensación de Alto Valor S.A.			7,372				986				6,193				193				6,728				622				5,722				384				6,338				500				5,399				439
Administrador Financiero del Transantiago S.A.			54,712				34,787				17,978				1,947				55,818				37,419				15,490				2,909				51,304				35,814				13,907				1,583
Sociedad Nexus S.A.			31,147				13,471				17,660				16				35,139				18,335				13,955				2,849				32,669				18,888				10,354				3,427
Servicios de Infraestructura de Mercado OTC S.A.			15,152				2,682				11,993				477				25,273				13,313				11,506				454				17,913				6,414				10,963				536
Total			1,362,868				1,201,475				142,750				18,643				1,059,806				919,068				119,143				21,595				962,537				843,284				102,607				16,646

Schedule of investments in other companies

Activity with respect to investments in other companies during 2019, 2018 and 2017 is as follows:

		As of December 31,
		2019				2018				2017
		MCh$				MCh$				MCh$

Opening balance as of January 1,			32,003				27,585				23,780
Acquisition of investments			-				-				3
Sale of investments			-				-				-
Participation in income			1,146				1,325				1,144
Dividends received			(130	)			(38	)			(116	)
Other adjustments			(22,842	)			3,131				2,774

Total			10,177				32,003				27,585

(*) The Bank has entered into a process of selling the shares in Redbanc S.A., Transbank S.A. and Nexus SA, As such, these investment have been reclassified to held for sale and presented under Other assets in the Consolidated Statement of Financial Position.