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Cash and cash equivalents | 12 Months Ended
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Dec. 31, 2021
DisclosureOfCashAndCashEquivalentsExplanatory [Abstract] |
Cash and cash equivalents |
Note 9 | Cash and cash equivalents
| 9.1 | Types of cash and cash equivalents
As of December 31, 2021, and 2020, cash and cash equivalents are detailed as follows:
Cash |  | As of December 31, 2021 |  |  | As of December 31, 2020 |
|  | ThUS$ |  |  | ThUS$ |
Cash on hand |  |  | 44 |  |  |  | 54 |
Cash in banks |  |  | 662,407 |  |  |  | 244,548 |
Other demand deposits |  |  | - |  |  |  | 2,527 |
Total Cash |  |  | 662,451 |  |  |  | 247,129 |
Cash equivalents |  | As of December 31, 2021 |  |  | As of December 31, 2020 |
|  | ThUS$ |  |  | ThUS$ |
Short-term deposits, classified as cash equivalents |  |  | 237,655 |  |  |  | 51,595 |
Short-term investments, classified as cash equivalents |  |  | 614,945 |  |  |  | 210,378 |
Total cash equivalents |  |  | 852,600 |  |  |  | 261,973 |
Total cash and cash equivalents |  |  | 1,515,051 |  |  |  | 509,102 |
| 9.2 | Short-term investments, classified as cash equivalents
As of December 31, 2021, and 2020, the short-term investments classified as cash and cash equivalents relate to mutual funds (investment liquidity funds) for investments in:
Institution |  | As of December 31, 2021 |  |  | As of December 31, 2020 |
|  | ThUS$ |  |  | ThUS$ |
Legg Mason - Western Asset Institutional Cash Reserves |  |  | 233,648 |  |  |  | 107,625 |
JP Morgan US dollar Liquidity Fund Institutional |  |  | 381,297 |  |  |  | 102,753 |
Total |  |  | 614,945 |  |  |  | 210,378 |
Short-term investments are highly liquid mutual funds that are basically invested in short-term fixed rate notes in the U.S. market.
9.3 | Information on cash and cash equivalents by currency
As of December 31, 2021, and 2020, information on cash and cash equivalents by currency is detailed as follows:
Currency |  | As of December 31, 2021 |  |  | As of December 31, 2020 |
|  | ThUS$ |  |  | ThUS$ |
Peso (*) |  |  | 4,416 |  |  |  | 7,190 |
Dollar |  |  | 1,377,983 |  |  |  | 454,402 |
Euro |  |  | 14,374 |  |  |  | 17,144 |
Mexican Peso |  |  | 1,827 |  |  |  | 1,378 |
South African Rand |  |  | 13,048 |  |  |  | 14,286 |
Japanese Yen |  |  | 1,182 |  |  |  | 1,646 |
Peruvian Sol |  |  | 6 |  |  |  | 3 |
Indian rupee |  |  | - |  |  |  | 6 |
Chinese Yuan |  |  | 30,102 |  |  |  | 11,597 |
Indonesian rupee |  |  | 3 |  |  |  | 3 |
Pound Sterling |  |  | 1 |  |  |  | 19 |
Australian Dollar |  |  | 72,107 |  |  |  | 1,411 |
South Korean won |  |  | - |  |  |  | 16 |
Dirham United Arab Emirates |  |  | 1 |  |  |  | - |
Polish Zloty |  |  | 1 |  |  |  | 1 |
Total |  |  | 1,515,051 |  |  |  | 509,102 |
(*) The Company maintains financial derivative instruments policies which allow management to convert term deposits denominated in pesos and UF to Dollars.
| 9.4 | Amount restricted cash balances
The Company has granted a guarantee consisting of financial instruments, specified in deposits, custody and administration to Banco de Chile, for its subsidiary Isapre Norte Grande Ltda., in compliance with the provisions of the Superintendence of Health, which regulates social security health institutions. According to the regulations of the Superintendence of Health, this guarantee is for the total payable to its affiliates and medical providers. Banco de Chile reports the current value of the guarantee to the Superintendence of Health and Isapre Norte Grande Ltda. on a daily basis. As of December 31, 2021, and, 2020 pledged assets are as follows
Restricted cash balances |  | As of December 31, 2021 |  |  | As of December 31, 2020 |
|  | ThUS$ |  |  | ThUS$ |
Isapre Norte Grande Ltda. |  |  | 622 |  |  |  | 731 |
Total |  |  | 622 |  |  |  | 731 |
| 9.5 | Short-term deposits, classified as cash equivalents
The detail at the end of each balance date is as follows:
Receiver of the deposit |  | Type of deposit |  | Original Currency |  | Interest Rate |  |  | Placement date |  | Expiration date |  | Principal |  |  | Interest accrued to-date |  |  | As of December 31, 2021 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | ThUS$ |  |  |  | ThUS$ |  |  |  | ThUS$ |
Others banks |  | Fixed term |  | Dollar |  |  | 0.58 | % |  | 11-30-2021 |  | 02-28-2022 |  |  | 200,000 |  |  |  | 100 |  |  |  | 200,100 |
Banco BCI |  | Fixed term |  | Dollar |  |  | 0.31 | % |  | 12-24-2021 |  | 02-28-2022 |  |  | 1,250 |  |  |  | - |  |  |  | 1,250 |
Banco BCI |  | Fixed term |  | Dollar |  |  | 0.36 | % |  | 12-07-2021 |  | 01-14-2022 |  |  | 8,000 |  |  |  | 2 |  |  |  | 8,002 |
Banco BCI |  | Fixed term |  | Dollar |  |  | 0.28 | % |  | 12-30-2021 |  | 01-14-2022 |  |  | 500 |  |  |  | - |  |  |  | 500 |
Banco Santander |  | Fixed term |  | Dollar |  |  | 3.12 | % |  | 12-30-2021 |  | 01-06-2022 |  |  | 3,550 |  |  |  | 2 |  |  |  | 3,552 |
Banco Santander |  | Fixed term |  | Dollar |  |  | 0.26 | % |  | 12-16-2021 |  | 01-31-2022 |  |  | 2,500 |  |  |  | - |  |  |  | 2,500 |
Banco Santander |  | Fixed term |  | Dollar |  |  | 0.40 | % |  | 12-27-2021 |  | 03-04-2022 |  |  | 1,500 |  |  |  | - |  |  |  | 1,500 |
Banco Santander |  | Fixed term |  | Dollar |  |  | 0.40 | % |  | 12-29-2021 |  | 01-27-2022 |  |  | 1,500 |  |  |  | - |  |  |  | 1,500 |
Banco Itaú Corpbanca |  | Fixed term |  | Dollar |  |  | 0.30 | % |  | 12-14-2021 |  | 01-07-2022 |  |  | 5,000 |  |  |  | 1 |  |  |  | 5,001 |
Banco Itaú Corpbanca |  | Fixed term |  | Dollar |  |  | 0.37 | % |  | 12-28-2021 |  | 01-24-2022 |  |  | 1,000 |  |  |  | - |  |  |  | 1,000 |
Banco Itaú Corpbanca |  | Fixed term |  | Dollar |  |  | 0.34 | % |  | 12-07-2021 |  | 01-28-2022 |  |  | 2,000 |  |  |  | - |  |  |  | 2,000 |
Scotiabank Sud Americano |  | Fixed term |  | Dollar |  |  | 0.27 | % |  | 12-24-2021 |  | 02-28-2022 |  |  | 2,750 |  |  |  | - |  |  |  | 2,750 |
Scotiabank Sud Americano |  | Fixed term |  | Dollar |  |  | 0.06 | % |  | 12-17-2021 |  | 01-31-2022 |  |  | 3,000 |  |  |  | - |  |  |  | 3,000 |
Scotiabank Sud Americano |  | Fixed term |  | Dollar |  |  | 0.07 | % |  | 12-03-2021 |  | 01-18-2022 |  |  | 5,000 |  |  |  | - |  |  |  | 5,000 |
Total |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 237,550 |  |  |  | 105 |  |  |  | 237,655 |
Receiver of the deposit |  | Type of deposit |  | Original Currency |  | Interest Rate |  |  | Placement date |  | Expiration date |  | Principal |  |  | Interest accrued to-date |  |  | As of December 31, 2020 |
|  |  |  |  |  |  |  |  |  |  |  |  | ThUS$ |  |  | ThUS$ |  |  | ThUS$ |
Banco Santander – Santiago |  | Fixed term |  | Dollar |  |  | 0.35 | % |  | 12-30-2020 |  | 03-30-2021 |  |  | 7,000 |  |  |  | - |  |  |  | 7,000 |
Scotiabank Sud Americano |  | Fixed term |  | Dollar |  |  | 0.35 | % |  | 11-30-2020 |  | 01-08-2021 |  |  | 1,500 |  |  |  | 1 |  |  |  | 1,501 |
Banco de Chile |  | Fixed term |  | Dollar |  |  | 0.61 | % |  | 11-30-2020 |  | 01-08-2021 |  |  | 2,000 |  |  |  | 1 |  |  |  | 2,001 |
Banco de Chile |  | Fixed term |  | Dollar |  |  | 0.61 | % |  | 11-30-2020 |  | 01-08-2021 |  |  | 3,500 |  |  |  | 1 |  |  |  | 3,501 |
Banco crédito e Inversiones |  | Fixed term |  | Dollar |  |  | 0.46 | % |  | 12-01-2020 |  | 01-15-2021 |  |  | 500 |  |  |  | - |  |  |  | 500 |
Scotiabank Sud Americano |  | Fixed term |  | Dollar |  |  | 0.40 | % |  | 12-01-2020 |  | 01-15-2021 |  |  | 500 |  |  |  | - |  |  |  | 500 |
Scotiabank Sud Americano |  | Fixed term |  | Dollar |  |  | 0.40 | % |  | 12-02-2020 |  | 01-20-2021 |  |  | 2,500 |  |  |  | 1 |  |  |  | 2,501 |
Banco Santander – Santiago |  | Fixed term |  | Dollar |  |  | 0.50 | % |  | 12-09-2020 |  | 01-25-2021 |  |  | 500 |  |  |  | - |  |  |  | 500 |
Scotiabank Sud Americano |  | Fixed term |  | Dollar |  |  | 0.50 | % |  | 12-09-2020 |  | 01-25-2021 |  |  | 1,000 |  |  |  | - |  |  |  | 1,000 |
Banco Santander – Santiago |  | Fixed term |  | Dollar |  |  | 0.50 | % |  | 12-09-2020 |  | 01-25-2021 |  |  | 6,000 |  |  |  | 1 |  |  |  | 6,001 |
Banco crédito e Inversiones |  | Fixed term |  | Dollar |  |  | 0.51 | % |  | 12-09-2020 |  | 01-25-2021 |  |  | 6,000 |  |  |  | 1 |  |  |  | 6,001 |
Banco crédito e Inversiones |  | Fixed term |  | Dollar |  |  | 0.26 | % |  | 12-14-2020 |  | 01-29-2021 |  |  | 500 |  |  |  | - |  |  |  | 500 |
Banco Estado |  | Fixed term |  | Dollar |  |  | 0.14 | % |  | 12-14-2020 |  | 01-29-2021 |  |  | 1,000 |  |  |  | 1 |  |  |  | 1,001 |
Scotiabank Sud Americano |  | Fixed term |  | Dollar |  |  | 0.40 | % |  | 12-14-2020 |  | 01-29-2021 |  |  | 1,500 |  |  |  | - |  |  |  | 1,500 |
Banco de Chile |  | Fixed term |  | Dollar |  |  | 0.56 | % |  | 12-14-2020 |  | 01-29-2021 |  |  | 5,000 |  |  |  | 1 |  |  |  | 5,001 |
Banco Itaú Corpbanca |  | Fixed term |  | Dollar |  |  | 0.68 | % |  | 12-18-2020 |  | 02-01-2021 |  |  | 500 |  |  |  | - |  |  |  | 500 |
Banco Itaú Corpbanca |  | Fixed term |  | Dollar |  |  | 0.68 | % |  | 12-18-2020 |  | 02-01-2021 |  |  | 2,000 |  |  |  | 1 |  |  |  | 2,001 |
Banco crédito e Inversiones |  | Fixed term |  | Dollar |  |  | 0.20 | % |  | 12-23-2020 |  | 02-05-2021 |  |  | 2,000 |  |  |  | 1 |  |  |  | 2,001 |
Banco Itaú Corpbanca |  | Fixed term |  | Dollar |  |  | 0.40 | % |  | 12-24-2020 |  | 02-08-2021 |  |  | 1,000 |  |  |  | - |  |  |  | 1,000 |
Banco Santander – Santiago |  | Fixed term |  | Dollar |  |  | 0.26 | % |  | 12-29-2020 |  | 01-08-2021 |  |  | 2,500 |  |  |  | 1 |  |  |  | 2,501 |
Banco Santander – Santiago |  | Fixed term |  | Dollar |  |  | 0.15 | % |  | 12-30-2020 |  | 02-12-2021 |  |  | 700 |  |  |  | - |  |  |  | 700 |
Banco Itaú Corpbanca |  | Fixed term |  | Peso |  |  | 0.35 | % |  | 12-29-2020 |  | 01-05-2021 |  |  | 3,798 |  |  |  | - |  |  |  | 3,798 |
BBVA Banco Francés |  | Fixed term |  | Dollar |  |  | 1.80 | % |  | 12-31-2020 |  | 03-06-2021 |  |  | 86 |  |  |  | - |  |  |  | 86 |
Total |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 51,584 |  |  |  | 11 |  |  |  | 51,595 |

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