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Assets held for sale
 12 Months Ended
Dec. 31, 2018
Non-current assets or disposal groups classified as held for sale or as held for distribution to owners [abstract]  
Disclosure of non-current assets held for sale and discontinued operations [text block]
Note 31
Assets held for sale
 
The non-current assets held for sale and the components of the disposal groups classified as held for sale are presented in the Consolidated Statement of Financial Position under the item “Non-current assets or groups of assets classified as held for sale”.
 
The following table shows the movements in assets held for sale:
 
Assets held for sale
 
12/31/2018
 
 
12/31/2017
 
 
 
ThUS$
 
 
ThUS$
 
 
 
 
 
 
 
 
Terrenos Soquimich Comercial S.A.
 
 
1,430
 
 
 
1,480
 
Facilities and fixtures at Soquimich Comercial S.A.
 
 
-
 
 
 
109
 
Total assets held for sale
 
 
1,430
 
 
 
1,589
 
 
a)
Below, details of assets sold
 
As of December 31, 2018, the following investments in associates and joint ventures were sold:
During the month of December 2018, SQM S.A. sold the stake it held in Minera Exar S.A. generating a profit before tax of ThUS $ 14,507, which is presented in the Consolidated Statement of Income by function in Other income (loss) (See Note 27.6)
 
On November 14, 2018, Soquimich European Holdings B.V. sold its participation in Charlee SQM Thailand Co.
Ltd, generaating a los of ThUS$ 759. See Note 27.6)
 
Financial Performace and Cash Flow information
 
Minera
Exar S.A.
 
 
Charlee
SQM
Thailand Co.
Ltd.
 
 
Total
12/31/2018
 
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
 
 
 
 
 
 
 
 
 
Share in the profits (losses) of associates and joint ventures accounted for using the equity method
 
 
(206
)
 
 
316
 
 
 
110
 
Income before tax
 
 
(206
)
 
 
316
 
 
 
110
 
Cash detail from Sale of Investments
 
 
 
 
 
 
 
 
 
 
 
 
Net cash generated from operating activities
 
 
13,232
 
 
 
-
 
 
 
13,232
 
Net cash generated from investment activities
 
 
68,000
 
 
 
988
 
 
 
68,988
 
Net increase in cash generated by sales of investments
 
 
81,232
 
 
 
988
 
 
 
82,220
 
 
Determination of profit from sale of investments
Details of the sale of investments in associates and joint ventures
 
Minera
Exar S.A.
 
 
Charlee
SQM
Thailand Co.
Ltd.
 
 
Total
12/31/2018
 
Considerations received or to be received
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
 
 
 
 
 
 
 
 
 
Cash
 
 
87,500
 
 
 
988
 
 
 
88,488
 
Commercial debts and other accounts payable
 
 
-
 
 
 
1,022
 
 
 
1,022
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total consideration for the provision     Book value of net assets sold
 
 
(67,635
)
 
 
(2,343
)
 
 
(69,978
)
Gain on the sale before the income tax and reclassification of the foreign currency conversion
 
 
19,865
 
 
 
(333
)
 
 
19,532
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Reclassification of the foreign currency conversion reserve
 
 
(5,358
)
 
 
(426
)
 
 
(5,784
)
Income tax expense on income derived from gains
 
 
(6,268
)
 
 
-
 
 
 
(6,268
)
Profit after tax
 
 
8,239
 
 
 
(759
)
 
 
7,480
 
 
The book value of the assets and liabilities on the date of sale were:
 
Items
 
Minera
Exar S.A.
 
 
Charlee
SQM
Thailand Co.
Ltd.
 
 
Total
12/31/2018
 
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
 
 
 
 
 
 
 
 
 
Accounts receivable from current related entities
 
 
(19,500
)
 
 
-
 
 
 
(19,500
)
Investments accounted for using the equity method
 
 
(35,628
)
 
 
(2,343
)
 
 
(37,971
)
Capital Gains
 
 
(6,205
)
 
 
-
 
 
 
(6,205
)
Property, Plant and Equipment
 
 
(6,302
)
 
 
-
 
 
 
(6,302
)
Total Assets
 
 
(67,635
)
 
 
(2,343
)
 
 
(69,978
)
Total liabilities
 
 
-
 
 
 
-
 
 
 
-
 
Net assets
 
 
(67,635
)
 
 
(2,343
)
 
 
(69,978
)