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CURRENT AND NON-CURRENT EMPLOYEE BENEFITS (Tables)

12 Months Ended

Dec. 31, 2020

CURRENT AND NON-CURRENT EMPLOYEE BENEFITS

Schedule of employee benefits

Description		12.31.2020		12.31.2019
		ThCh$		ThCh$
Accrued vacation		14,650,267		17,584,587
Participation in profits and bonuses		15,969,735		20,896,357
Indemnities for years of service		14,086,575		10,085,264
Total		44,706,577		48,566,208

		ThCh$		ThCh$
Current		31,071,019		38,392,854
Non-current		13,635,558		10,173,354
Total		44,706,577		48,566,208

Schedule of movements of employee benefits

Movements		12.31.2020		12.31.2019
		ThCh$		ThCh$
Opening balance		10,085,264		9,415,541
Service costs		1,675,492		784,984
Interest costs		369,332		354,471
Actuarial losses		3,127,398		(210,956)
Benefits paid		(1,170,911)		(258,776)
Total		14,086,575		10,085,264

Schedule of actuarial assumptions

Assumptions		12.31.2020		12.31.2019
Discount rate		(0.05)	%	2.7	%
Expected salary increase rate		2.0	%	2.0	%
Turnover rate		7.68	%	5.4	%
Mortality rate		RV-2014		RV-2014
Retirement age of women		60	years	60	years
Retirement age of men		65	years	65	years

Schedule of personnel expenses

Description		12.31.2020		12.31.2019		12.31.2018
		ThCh$		ThCh$		ThCh$
Wages and salaries		187,600,163		194,740,646		195,162,903
Employee benefits		48,504,899		58,005,213		50,254,164
Severance benefits		3,238,966		6,987,184		5,535,410
Other personnel expenses		12,993,234		13,389,967		16,014,364
Total		252,337,262		273,123,010		266,966,841

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The disclosure of a net defined benefit liability (asset). [Refer: Net defined benefit liability (asset)]

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The disclosure of a sensitivity analysis for significant actuarial assumptions used to determine the present value of a defined benefit obligation. [Refer: Actuarial assumptions [member]; Defined benefit obligation, at present value]

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