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TRADE AND OTHER RECEIVABLES
12 Months Ended
Dec. 31, 2019
TRADE AND OTHER RECEIVABLES  
TRADE AND OTHER RECEIVABLES

7 – TRADE AND OTHER RECEIVABLES

The composition of trade and other receivables is as follows:

 

 

 

 

 

 

 

 

 

 

    

 

Balance

 

 

Current

 

Non-current

Trade debtors and other accounts receivable, Net

     

12.31.2019

     

12.31.2018

     

12.31.2019

     

12.31.2018

 

 

ThCh$

 

ThCh$

 

ThCh$

 

ThCh$

Trade debtors

 

150,509,528

 

147,728,216

 

 —

 

66,510

Other debtors

 

39,620,246

 

16,722,240

 

466,007

 

1,204,187

Other accounts receivable

 

947,814

 

9,662,867

 

57,762

 

 —

Total

 

191,077,588

 

174,113,323

 

523,769

 

1,270,697

 

 

 

 

 

 

 

 

 

 

 

 

Balance

    

 

Current

    

Non-current

Trade debtors and other accounts receivable, Gross

     

12.31.2019

     

12.31.2018

     

12.31.2019

     

12.31.2018

 

 

ThCh$

 

ThCh$

 

ThCh$

 

ThCh$

Trade debtors

 

153,654,549

 

150,933,965

 

 —

 

66,510

Other debtors

 

42,719,679

 

19,552,539

 

466,007

 

1,204,187

Other accounts receivable

 

1,196,347

 

9,925,027

 

57,762

 

 —

Total

 

197,570,575

 

180,411,531

 

523,769

 

1,270,697

 

The stratification of the portfolio is as follows:

 

 

 

 

 

 

 

    

Balance

Current trade debtors without impairment impact

 

12.31.2019

    

12.31.2018

 

 

ThCh$

 

ThCh$

Less than one month

 

148,150,717

 

144,172,500

Between one and three months

 

1,872,144

 

2,066,514

Between three and six months

 

838,277

 

601,042

Between six and eight months

 

482,596

 

851,009

Older than eight months

 

2,310,815

 

3,309,410

Total

 

153,654,549

 

151,000,475

 

The Company has approximately 276,000 clients, which may have balances in the different sections of the stratification. The number of clients is distributed geographically with 65,400 in Chile, 89,200 in Brazil, 64,400 in Argentina and 57,000 in Paraguay.

 

 

 

 

 

 

 

    

12.31.2019

    

12.31.2018

 

 

ThCh$

 

ThCh$

Debtors for current credit operations

 

153,654,549

 

150,933,965

Non-current credit operations

 

 —

 

66,510

Total

 

153,654,549

 

151,000,475

 

The movement in the allowance for expected credit losses is presented below:

 

 

 

 

 

 

 

    

12.31.2019

    

12.31.2018

 

 

ThCh$

 

ThCh$

Opening balance

 

6,298,208

 

6,494,113

Increase (decrease)

 

1,762,246

 

1,629,761

Provision reversal

 

(1,184,953)

 

(1,257,591)

Increases (decrease) for changes of foreign currency

 

(382,514)

 

(568,075)

Sub – total movements

 

194,779

 

(195,905)

Ending balance

 

6,492,987

 

6,298,208