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Cash and cash equivalents
12 Months Ended
Dec. 31, 2024
Cash and cash equivalents [abstract]  
Cash and cash equivalents Cash and cash equivalents
9.1    Types of cash and cash equivalents
As of December 31, 2024 and 2023, cash and cash equivalents are detailed as follows:
CashAs of
December 31,
2024
As of
December 31,
2023
ThUS$ThUS$
Cash on hand663 33 
Cash in banks925,380 676,282 
Other demand deposits— 709 
Total Cash926,043 677,024 
Cash equivalentsAs of
December 31,
2024
As of
December 31,
2023
ThUS$ThUS$
Short-term deposits, classified as cash equivalents322,500 23,545 
Short-term investments, classified as cash equivalents129,308 340,800 
Total cash equivalents451,808 364,345 
Total cash and cash equivalents1,377,851 1,041,369 
9.2    Short-term investments, classified as cash equivalents
As of December 31, 2024 and 2023, the short-term investments classified as cash equivalents relate to mutual funds (investment liquidity funds) for investments in:
InstitutionAs of
December 31,
2024
As of
December 31,
2023
ThUS$ThUS$
Legg Mason - Western Asset Institutional Cash Reserves122,337 312,924 
JP Morgan US dollar Liquidity Fund Institutional1,974 22,845 
Banco Crédito e Inversiones4,997 5,031 
Total129,308 340,800 

Short-term investments are highly liquid mutual funds that are basically invested in short-term fixed rate notes in the U.S. and in Chile market.
9.3    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 amount 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, 2024 and 2023, pledged assets are as follows:
Restricted cash balancesAs of
December 31,
2024
As of
December 31,
2023
ThUS$ThUS$
Isapre Norte Grande Ltda.942 950 
Total942 950 
9.4    Short-term deposits, classified as cash equivalents
The detail at the end of each balance date is as follows:
Receiver of the depositType of depositOriginal
Currency
Interest Rate Placement dateExpiration datePrincipalInterest
accrued to-date
As of
December 31, 2024
ThUS$ThUS$ThUS$
Banco de ChileFixed termDollar0.43 %12-03-202401-06-20251,000 1,004 
Banco de ChileFixed termDollar0.08 %12-27-202401-03-20255,300 5,303 
Banco EstadoFixed termDollar0.45 %12-10-202401-13-2025500 501 
Banco EstadoFixed termDollar0.40 %12-13-202401-13-20251,000 1,002 
Banco EstadoFixed termDollar0.36 %12-16-202401-13-2025500 501 
Banco EstadoFixed termDollar0.27 %12-23-202401-13-20252,000 2,002 
Banco EstadoFixed termDollar0.34 %12-26-202401-21-202550,000 39 50,039 
Banco EstadoFixed termDollar0.34 %12-26-202401-21-202550,000 39 50,039 
Banco Crédito e InversionesFixed termDollar0.46 %12-09-202401-13-20251,000 1,003 
Banco SantanderFixed termDollar0.25 %12-24-202401-13-2025500 — 500 
Banco SantanderFixed termDollar0.09 %12-27-202401-03-20254,500 4,502 
Banco SantanderFixed termPeso0.44 %12-26-202401-14-202599,452 88 99,540 
Scotiabank ChileFixed termDollar0.32 %12-19-202401-13-2025500 501 
Scotiabank ChileFixed termDollar0.18 %12-30-202401-13-2025800 — 800 
Scotiabank ChileFixed termPeso0.10 %12-26-202401-02-20252,509 2,511 
Scotiabank ChileFixed termPeso0.10 %12-27-202401-03-20251,806 1,807 
Scotiabank ChileFixed termPeso0.10 %12-30-202401-06-20251,505 — 1,505 
Scotiabank ChileFixed termPeso0.45 %12-26-202401-28-202599,352 88 99,440 
Total322,224 276 322,500 
Receiver of the depositType of depositOriginal
Currency
Interest RatePlacement dateExpiration datePrincipalInterest
accrued to-date
As of
December 31,
2023
ThUS$ThUS$ThUS$
Banco Santander Fixed termDollar 0.39 %12-11-202301-05-20245,000 16 5,016 
Banco SantanderFixed termDollar0.28 %12-21-202301-08-20241,300 1,302 
Banco Crédito e InversionesFixed termDollar0.80 %12-28-202302-16-20241,000 — 1,000 
Itaú CorpbancaFixed termDollar0.27 %12-18-202301-05-20243,000 3,006 
Itaú Corpbanca Fixed termDollar0.54 %12-04-202301-08-20242,000 2,008 
Scotiabank Sud AmericanoFixed termDollar0.45 %12-18-202301-16-20242,700 2,705 
Scotiabank Sud Americano Fixed termDollar0.23 %12-20-202301-04-20242,200 2,204 
Scotiabank Sud Americano Fixed termDollar0.16 %12-29-202301-05-20241,140 1,141 
Scotiabank Sud Americano Fixed termDollar0.78 %12-13-202301-31-2024700 702 
Banco de Chile Fixed termDollar0.70 %12-27-202302-09-20241,850 1,851 
Banco de Chile Fixed termDollar1.02 %12-04-202302-05-20241,300 1,306 
Banco de Chile Fixed termDollar0.77 %12-14-202301-31-20241,300 1,304 
Total23,490 55 23,545