As of December 31,

2021
MCh$

2020
MCh$

Accounts and notes payable

259,138

227,518

Income received in advance

798

828

Macro-hedge valuation adjustment (1)

68,524

51,089

Guarantees received (margin accounts) (2)

857,679

624,205

Notes payable through brokerage and simultaneous transactions

47,921

12,504

Other payable obligations

286,449

139,622

Withholding VAT

21,909

14,129

Accounts payable insurance companies

12,558

13,911

Other liabilities

51,650

82,047

Total

1,606,626

1,165,853