XML 71 R48.htm IDEA: XBRL DOCUMENT v3.19.1
Cash And Cash Equivalents (Tables)
12 Months Ended
Dec. 31, 2018
DisclosureOfCashAndCashEquivalentsExplanatory [Abstract]  
Disclosure of detailed information about cash and cash equivalents [Text Block]
As of December 31, 2018 and December 31, 2017, cash and cash equivalents are detailed as follows:
 
a)
Cash
 
 
 
12/31/2018
 
 
12/31/20171
 
 
ThUS$
 
 
ThUS$
 
Cash on hand
 
 
75
 
 
 
60
 
Cash in banks
 
 
101,662
 
 
 
50,137
 
Other demand deposits
 
 
746
 
 
 
1,530
 
Total cash
 
 
102,483
 
 
 
51,727
 
 
b)
Cash equivalents
 
 
 
12/31/2018
 
 
12/31/2017
 
 
ThUS$
 
 
ThUS$
 
Short-term deposits, classified as cash equivalents
 
 
187,666
 
 
 
290,914
 
Short-term investments, classified as cash equivalents
 
 
265,917
 
 
 
287,797
 
Total cash equivalents
 
 
453,583
 
 
 
578,711
 
 
 
 
 
 
 
 
 
 
Total cash and cash equivalents
 
 
556,066
 
 
 
630,438
 
Disclosure of detailed information about short term investments [Text Block]
As of December 31, 2018 and December 31, 2017, the short-term investments classified as cash and cash equivalents relate to mutual funds (investment liquidity funds) for investments in:
 
Institution
 
 
12/31/2018
ThUS$
 
 
12/31/2017
ThUS$
 
Legg Mason - Western Asset Institutional Cash Reserves
 
 
132,108
 
 
 
144,464
 
JP Morgan US dollar Liquidity Fund Institutional
 
 
133,809
 
 
 
143,333
 
Total
 
 
265,917
 
 
 
287,797
 
Disclosure of cash and cash equivalents by currency [Text Block]
As of December 31, 2018 and December 31, 2017, information on cash and cash equivalents by currency is detailed as follows:
 
Original currency
 
12/31/2018
 
 
12/31/2017
 
 
 
ThUS$
 
 
ThUS$
 
Chilean Peso (*)
 
 
157,500
 
 
 
579
 
US Dollar
 
 
353,037
 
 
 
612,727
 
Euro
 
 
4,739
 
 
 
9,782
 
Mexican Peso
 
 
1,242
 
 
 
258
 
South African Rand
 
 
5,843
 
 
 
4,074
 
Japanese Yen
 
 
1,786
 
 
 
1,773
 
Peruvian Sol
 
 
7
 
 
 
8
 
Brazilian Real
 
 
-
 
 
 
38
 
Chinese Yuan
 
 
2,305
 
 
 
1,143
 
Dírham United Arab Emirates
 
 
1
 
 
 
-
 
Indian rupee
 
 
3
 
 
 
-
 
Argentine Peso
 
 
2
 
 
 
1
 
Pound Sterling
 
 
3
 
 
 
55
 
Australian dollar
 
 
29,598
 
 
 
-
 
Total
 
 
556,066
 
 
 
630,438
 
 
(*) The Company maintains financial derivative policies which allow to
minimize the risk of the variation in Chilean pesos exchange rate
.
Disclosure of detailed information about short term deposits [Text Block]
The detail at the end of each period is as follows:
 
2018
Receiver of the deposit
 
 
Type of deposit
 
 
 
 
Original Currency
 
 
Interest rate
 
 
 
Placement date
 
 
 
Expiration date
 
 
 
Principal
ThUS$
 
 
Interest accrued
to-date
ThUS$
 
 
12/31/2018
ThUS$
 
Scotiabank
 
 
Fixed term
 
 
 
 
Ch$
 
 
2.50
 
 
 
10/18/2018
 
 
 
1/16/2019
 
 
 
14,606
 
 
 
90
 
 
 
14,696
 
Banco Crédito e Inversiones
 
 
Fixed term
 
 
 
 
Ch$
 
 
2.55
 
 
 
11/6/2018
 
 
 
1/9/2019
 
 
 
19,632
 
 
 
92
 
 
 
19,724
 
Scotiabank
 
 
Fixed term
 
 
 
 
Ch$
 
 
2.55
 
 
 
11/30/2018
 
 
 
1/3/2019
 
 
 
14,393
 
 
 
38
 
 
 
14,431
 
Scotiabank
 
 
Fixed term
 
 
 
 
Ch$
 
 
2.55
 
 
 
12/3/2018
 
 
 
1/3/2019
 
 
 
11,515
 
 
 
27
 
 
 
11,542
 
Itau-Corpbanca
 
 
Fixed term
 
 
 
 
Ch$
 
 
2.50
 
 
 
12/3/2018
 
 
 
1/3/2019
 
 
 
14,393
 
 
 
34
 
 
 
14,427
 
Itau-Corpbanca
 
 
Fixed term
 
 
 
 
Ch$
 
 
2.50
 
 
 
12/7/2018
 
 
 
1/9/2019
 
 
 
14,393
 
 
 
29
 
 
 
14,422
 
Itau-Corpbanca
 
 
Fixed term
 
 
 
 
Ch$
 
 
2.50
 
 
 
12/10/2018
 
 
 
1/9/2019
 
 
 
12,954
 
 
 
23
 
 
 
12,977
 
Scotiabank
 
 
Fixed term
 
 
 
 
Ch$
 
 
2.35
 
 
 
12/10/2018
 
 
 
1/9/2019
 
 
 
12,954
 
 
 
21
 
 
 
12,975
 
Itau-Corpbanca
 
 
Fixed term
 
 
 
 
US$
 
 
3.06
 
 
 
12/11/2018
 
 
 
1/11/2019
 
 
 
1,300
 
 
 
2
 
 
 
1,302
 
Banco Estado
 
 
Fixed term
 
 
 
 
US$
 
 
2.75
 
 
 
12/12/2018
 
 
 
1/15/2019
 
 
 
1,000
 
 
 
1
 
 
 
1,001
 
Itau-Corpbanca
 
 
Fixed term
 
 
 
 
Ch$
 
 
2.50
 
 
 
12/14/2018
 
 
 
1/9/2019
 
 
 
14,392
 
 
 
20
 
 
 
14,412
 
Scotiabank
 
 
Fixed term
 
 
 
 
Ch$
 
 
2.65
 
 
 
12/17/2018
 
 
 
1/17/2019
 
 
 
14,393
 
 
 
18
 
 
 
14,411
 
Scotiabank
 
 
Fixed term
 
 
 
 
Ch$
 
 
2.60
 
 
 
12/17/2018
 
 
 
1/17/2019
 
 
 
10,892
 
 
 
13
 
 
 
10,905
 
Banco Crédito e Inversiones
 
 
Fixed term
 
 
 
 
US$
 
 
2.93
 
 
 
12/17/2018
 
 
 
1/31/2019
 
 
 
1,400
 
 
 
2
 
 
 
1,402
 
Itau-Corpbanca
 
 
Fixed term
 
 
 
 
US$
 
 
3.30
 
 
 
12/17/2018
 
 
 
1/31/2019
 
 
 
1,400
 
 
 
2
 
 
 
1,402
 
Itau-Corpbanca
 
 
Fixed term
 
 
 
 
US$
 
 
3.40
 
 
 
12/17/2018
 
 
 
1/31/2019
 
 
 
3,000
 
 
 
4
 
 
 
3,004
 
Banco de Chile
 
 
Fixed term
 
 
 
 
US$
 
 
3.06
 
 
 
12/17/2018
 
 
 
1/31/2019
 
 
 
1,700
 
 
 
2
 
 
 
1,702
 
Scotiabank Sud Americano
 
 
Fixed term
 
 
 
 
US$
 
 
2.95
 
 
 
12/17/2018
 
 
 
1/31/2019
 
 
 
1,500
 
 
 
2
 
 
 
1,502
 
Banco de Chile
 
 
Fixed term
 
 
 
 
US$
 
 
3.26
 
 
 
12/19/2018
 
 
 
1/31/2019
 
 
 
800
 
 
 
1
 
 
 
801
 
Banco Crédito e Inversiones
 
 
Fixed term
 
 
 
 
US$
 
 
3.42
 
 
 
12/26/2018
 
 
 
2/26/2019
 
 
 
2,800
 
 
 
1
 
 
 
2,801
 
Banco de Chile
 
 
Fixed term
 
 
 
 
US$
 
 
3.26
 
 
 
12/26/2018
 
 
 
2/26/2019
 
 
 
2,800
 
 
 
1
 
 
 
2,801
 
Scotiabank Sud Americano (*)
 
 
Fixed term
 
 
 
 
Ch$
 
 
0.26
 
 
 
12/27/2018
 
 
 
1/7/2019
 
 
 
1,439
 
 
 
1
 
 
 
1,440
 
Scotiabank Sud Americano (*)
 
 
Fixed term
 
 
 
 
Ch$
 
 
0.26
 
 
 
12/27/2018
 
 
 
1/14/2019
 
 
 
2,879
 
 
 
1
 
 
 
2,880
 
Scotiabank Sud Americano (*)
 
 
Fixed term
 
 
 
 
Ch$
 
 
0.26
 
 
 
12/27/2018
 
 
 
1/21/2019
 
 
 
1,439
 
 
 
1
 
 
 
1,440
 
Banco Estado
 
 
Fixed term
 
 
 
 
US$
 
 
3.15
 
 
 
12/28/2018
 
 
 
1/28/2019
 
 
 
2,000
 
 
 
1
 
 
 
2,001
 
Banco Estado
 
 
Fixed term
 
 
 
 
US$
 
 
3.15
 
 
 
12/28/2018
 
 
 
1/28/2019
 
 
 
600
 
 
 
-
 
 
 
600
 
Banco de Chile
 
 
Fixed term
 
 
 
 
US$
 
 
3.16
 
 
 
12/28/2018
 
 
 
1/28/2019
 
 
 
2,000
 
 
 
1
 
 
 
2,001
 
Banco Crédito e Inversiones
 
 
Fixed term
 
 
 
 
US$
 
 
2.53
 
 
 
12/28/2018
 
 
 
1/8/2019
 
 
 
1,000
 
 
 
-
 
 
 
1,000
 
Banco Crédito e Inversiones
 
 
Fixed term
 
 
 
 
US$
 
 
3.08
 
 
 
12/28/2018
 
 
 
1/28/2019
 
 
 
2,500
 
 
 
1
 
 
 
2,501
 
Banco Santander- Santiago
 
 
Fixed term
 
 
 
 
Ch$
 
 
0.20
 
 
 
12/28/2018
 
 
 
1/4/2019
 
 
 
432
 
 
 
-
 
 
 
432
 
BBVA Banco Francés
 
 
Fixed term
 
 
 
 
US$
 
 
-
 
 
 
12/31/2018
 
 
 
1/21/2019
 
 
 
81
 
 
 
3
 
 
 
84
 
Nedbank
 
 
On demand
 
 
 
 
US$
 
 
-
 
 
 
12/31/2018
 
 
 
1/1/2019
 
 
 
647
 
 
 
-
 
 
 
647
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
187,234
 
 
 
432
 
 
 
187,666
 
 
(*) Corresponds to monthly rate.
 
2017
Receiver of the deposit
 
 
Type of deposit
 
 
 
 
 
Original Currency
 
 
 
Interest rate
 
 
 
Placement date
 
 
 
Expiration date
 
 
 
Principal
ThUS$
 
 
Interest accrued
to-date
ThUS$
 
 
12/31/2017
ThUS$
 
Scotiabank Sud Americano
 
 
Fixed term
 
 
 
Ch$
 
 
 
0.24
 
 
 
11/21/2017
 
 
 
1/02/2018
 
 
 
8,943
 
 
 
30
 
 
 
8,973
 
Banco Itau Chile
 
 
Fixed term
 
 
 
Ch$
 
 
 
0.24
 
 
 
11/28/2017
 
 
 
1/02/2018
 
 
 
15,652
 
 
 
41
 
 
 
15,693
 
Banco Itau Chile
 
 
Fixed term
 
 
 
Ch$
 
 
 
0.24
 
 
 
11/28/2017
 
 
 
1/02/2018
 
 
 
15,652
 
 
 
41
 
 
 
15,693
 
Banco BBVA Chile
 
 
Fixed term
 
 
 
Ch$
 
 
 
0.23
 
 
 
11/28/2017
 
 
 
1/02/2018
 
 
 
15,652
 
 
 
40
 
 
 
15,692
 
Banco BBVA Chile
 
 
Fixed term
 
 
 
Ch$
 
 
 
0.23
 
 
 
11/28/2017
 
 
 
1/02/2018
 
 
 
15,652
 
 
 
40
 
 
 
15,692
 
Banco Itau Chile
 
 
Fixed term
 
 
 
Ch$
 
 
 
0.25
 
 
 
11/29/2017
 
 
 
2/27/2018
 
 
 
18,857
 
 
 
50
 
 
 
18,907
 
Banco Crédito e Inversiones
 
 
Fixed term
 
 
 
Ch$
 
 
 
0.26
 
 
 
12/12/2017
 
 
 
1/11/2018
 
 
 
15,982
 
 
 
26
 
 
 
16,008
 
Banco Crédito e Inversiones
 
 
Fixed term
 
 
 
Ch$
 
 
 
0.26
 
 
 
12/12/2017
 
 
 
1/11/2018
 
 
 
8,524
 
 
 
14
 
 
 
8,538
 
Banco Itau Chile
 
 
Fixed term
 
 
 
Ch$
 
 
 
0.24
 
 
 
12/12/2017
 
 
 
1/11/2018
 
 
 
15,982
 
 
 
24
 
 
 
16,006
 
Banco Itau Chile
 
 
Fixed term
 
 
 
Ch$
 
 
 
0.24
 
 
 
12/12/2017
 
 
 
1/11/2018
 
 
 
7,458
 
 
 
11
 
 
 
7,469
 
Banco Crédito e Inversiones
 
 
Fixed term
 
 
 
Ch$
 
 
 
0.26
 
 
 
12/14/2017
 
 
 
1/16/2018
 
 
 
19,780
 
 
 
29
 
 
 
19,809
 
Banco Crédito e Inversiones
 
 
Fixed term
 
 
 
Ch$
 
 
 
0.26
 
 
 
12/14/2017
 
 
 
1/16/2018
 
 
 
15,665
 
 
 
23
 
 
 
15,688
 
Banco Crédito e Inversiones
 
 
Fixed term
 
 
 
Ch$
 
 
 
0.26
 
 
 
12/14/2017
 
 
 
1/16/2018
 
 
 
11,488
 
 
 
17
 
 
 
11,505
 
Banco Crédito e Inversiones
 
 
Fixed term
 
 
 
Ch$
 
 
 
0.26
 
 
 
12/15/2017
 
 
 
1/16/2018
 
 
 
15,568
 
 
 
22
 
 
 
15,590
 
Banco Crédito e Inversiones
 
 
Fixed term
 
 
 
Ch$
 
 
 
0.26
 
 
 
12/15/2017
 
 
 
1/16/2018
 
 
 
15,568
 
 
 
22
 
 
 
15,590
 
Banco Crédito e Inversiones
 
 
Fixed term
 
 
 
Ch$
 
 
 
0.26
 
 
 
12/15/2017
 
 
 
1/16/2018
 
 
 
15,568
 
 
 
22
 
 
 
15,590
 
Banco BBVA Chile
 
 
Fixed term
 
 
 
Ch$
 
 
 
0.24
 
 
 
12/29/2017
 
 
 
1/10/2018
 
 
 
4,107
 
 
 
1
 
 
 
4,108
 
Banco BBVA Chile
 
 
Fixed term
 
 
 
Ch$
 
 
 
0.24
 
 
 
12/29/2017
 
 
 
1/10/2018
 
 
 
2,765
 
 
 
-
 
 
 
2,765
 
Banco Santander - Santiago
 
 
Fixed term
 
 
 
US$
 
 
 
0.28
 
 
 
12/27/2017
 
 
 
1/18/2018
 
 
 
700
 
 
 
-
 
 
 
700
 
Banco Santander - Santiago
 
 
Fixed term
 
 
 
US$
 
 
 
0.4
 
 
 
12/15/2017
 
 
 
2/13/2018
 
 
 
15,000
 
 
 
27
 
 
 
15,027
 
Banco Santander - Santiago
 
 
Fixed term
 
 
 
US$
 
 
 
0.4
 
 
 
12/15/2017
 
 
 
2/13/2018
 
 
 
14,000
 
 
 
25
 
 
 
14,025
 
Corpbanca
 
 
Fixed term
 
 
 
Ch$
 
 
 
0.22
 
 
 
12/28/2017
 
 
 
1/04/2018
 
 
 
1,301
 
 
 
-
 
 
 
1,301
 
Scotiabank Sud Americano
 
 
Fixed term
 
 
 
Ch$
 
 
 
0.21
 
 
 
12/29/2017
 
 
 
1/05/2018
 
 
 
976
 
 
 
-
 
 
 
976
 
Scotiabank Sud Americano
 
 
Fixed term
 
 
 
Ch$
 
 
 
0.21
 
 
 
12/29/2017
 
 
 
1/05/2018
 
 
 
569
 
 
 
-
 
 
 
569
 
Banco Santander - Santiago
 
 
Fixed term
 
 
 
US$
 
 
 
2.45
 
 
 
12/06/2017
 
 
 
1/05/2018
 
 
 
3,500
 
 
 
6
 
 
 
3,506
 
Scotiabank Sud Americano
 
 
Fixed term
 
 
 
US$
 
 
 
3.40
 
 
 
12/15/2017
 
 
 
1/16/2018
 
 
 
2,000
 
 
 
3
 
 
 
2,003
 
Banco BBVA Chile
 
 
Fixed term
 
 
 
US$
 
 
 
2.80
 
 
 
12/26/2017
 
 
 
1/26/2018
 
 
 
2,200
 
 
 
1
 
 
 
2,201
 
Banco Crédito e Inversiones
 
 
Fixed term
 
 
 
US$
 
 
 
2.3
 
 
 
12/27/2017
 
 
 
1/04/2018
 
 
 
2,300
 
 
 
1
 
 
 
2,301
 
Banco Santander - Santiago
 
 
Fixed term
 
 
 
US$
 
 
 
2.88
 
 
 
12/27/2017
 
 
 
1/04/2018
 
 
 
2,300
 
 
 
1
 
 
 
2,301
 
Banco BBVA Chile
 
 
Fixed term
 
 
 
US$
 
 
 
2.80
 
 
 
12/27/2017
 
 
 
1/04/2018
 
 
 
1,400
 
 
 
-
 
 
 
1,400
 
BBVA Banco Francés
 
 
Fixed term
 
 
 
US$
 
 
 
0.19
 
 
 
12/11/2017
 
 
 
1/31/2018
 
 
 
163
 
 
 
-
 
 
 
163
 
Nedbank
 
 
On demand
 
 
 
US$
 
 
 
-
 
 
 
12/01/2017
 
 
 
1/31/2018
 
 
 
3,686
 
 
 
-
 
 
 
3,686
 
ABN Amro Bank
 
 
Fixed term
 
 
 
US$
 
 
 
-
 
 
 
12/31/2017
 
 
 
1/02/2018
 
 
 
1,439
 
 
 
-
 
 
 
1,439
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
290,397
 
 
 
517
 
 
 
290,914
 
Disclosure of reconciliation of liabilities arising from financing activities [text block]
This section sets out an analysis of net debt and the movements in net debt for each of the periods presented.
 
Net debt
 
12/31/2018
 
 
12/31/2017
 
 
 
ThUS$
 
 
ThUS$
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
 
556,066
 
 
 
630,438
 
Other current financial assets
 
 
312,721
 
 
 
366,979
 
Other non-current financial hedge assets
 
 
13,425
 
 
 
8,910
 
Borrowings - repayable within one year (including overdraft)
 
 
(23,585
)
 
 
(220,328
)
Borrowings - repayable after one year
 
 
(1,330,382
)
 
 
(1,031,507
)
Net debt
 
 
(471,755
)
 
 
(245,508
)
 
 
 
 
 
 
 
 
 
Cash and liquid investments
 
 
882,212
 
 
 
1,006,327
 
Gross debt - fixed interest rates
 
 
(1,353,967
)
 
 
(1,251,835
)
Net debt
 
 
(471,755
)
 
 
(245,508
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Foreign
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other inflows
 
 
 
 
 
currency
 
 
 
 
 
 
 
 
 
 
 
 
Repayment of
 
 
Proceeds from
 
 
(outflows) of
 
 
 
 
 
translation
 
 
 
 
 
 
 
 
 
12/31/2017
 
 
borrowings
 
 
borrowings
 
 
cash
 
 
Hedging effects
 
 
differences
 
 
Other
 
 
12/31/2018
 
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
Current financial liabilities and non-current
 
 
(1,251,835
)
 
 
213,000
 
 
 
(376,039
)
 
 
-
 
 
 
23,092
 
 
 
39,520
 
 
 
(1,704
)
 
 
(1,353,967
)
Cash and cash equivalents
 
 
630,438
 
 
 
-
 
 
 
-
 
 
 
(49,478
)
 
 
-
 
 
 
(24,894
)
 
 
-
 
 
 
556,066
 
Other current financial assets
 
 
375,889
 
 
 
-
 
 
 
-
 
 
 
(69,151
)
 
 
19,408
 
 
 
-
 
 
 
-
 
 
 
326,146
 
Net Debt
 
 
(245,508
)
 
 
213,000
 
 
 
(376,039
)
 
 
(118,629
)
 
 
42,500
 
 
 
14,626
 
 
 
(1,704
)
 
 
(471,755
)