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TRADE ACCOUNTS AND OTHER ACCOUNTS RECEIVABLE

12 Months Ended

Dec. 31, 2023

TRADE ACCOUNTS AND OTHER ACCOUNTS RECEIVABLE

TRADE ACCOUNTS AND OTHER ACCOUNTS RECEIVABLE

7 – TRADE ACCOUNTS AND OTHER ACCOUNTS RECEIVABLE

The composition of trade and other receivables is as follows:


	Current		Non-current
Trade debtors and other accounts receivable, Net	12.31.2023	12.31.2022	12.31.2023	12.31.2022
	ThCh$	ThCh$	ThCh$	ThCh$
Trade debtors	251,169,538	238,146,331	94,190	56,781
Other debtors	41,973,516	39,798,245	277,077	483,139
Other accounts receivable	5,749,110	1,825,710	134	—
Total	298,892,164	279,770,286	371,401	539,920


	Current		Non-current
Trade debtors and other accounts receivable, Gross	12.31.2023	12.31.2022	12.31.2023	12.31.2022
	ThCh$	ThCh$	ThCh$	ThCh$
Trade debtors	255,616,735	242,638,974	94,190	56,781
Other debtors	42,135,933	40,206,431	277,077	483,139
Other accounts receivable	5,834,787	1,921,211	134	—
Total	303,587,455	284,766,616	371,401	539,920

The stratification of the portfolio for current and non-current trade accounts receivable, without impairment impact, is as follows:


	12.31.2023	12.31.2022
	ThCh$	ThCh$
Less than one month	239,907,074	229,587,868
Between one and three months	7,467,587	4,577,833
Between three and six months	1,276,211	2,418,252
Between six and eight months	5,142,341	5,392,862
Older than eight months	1,917,712	718,940
Total	255,710,925	242,695,755

The Company has approximately 292,153 clients, which may have balances in the different sections of the stratification. The number of clients is distributed geographically with 70,000 in Chile, 84,153 in Brazil, 67,580 in Argentina and 70,420 in Paraguay.

The provision for expected credit losses associated with each tranche of the portfolio for current and non-current trade receivables is as follows:


	12.31.2023
		Impairment
	Credit amount	provision	Percentage
	ThCh$	ThCh$	%
Less than one month	239,907,074	(700,137)	0.16	%
Between one and three months	7,467,587	(294,510)	10.88	%
Between three and six months	1,276,211	(138,648)	21.60	%
Between six and eight months	5,142,341	(2,397,365)	68.09	%
Older than eight months	1,917,712	(916,537)	40.99	%
Total	255,710,925	(4,447,197)


	12.31.2022
		Impairment
	Credit amount	provision	Percentage
	ThCh$	ThCh$	%
Less than one month	229,587,868	(701,701)	0.31	%
Between one and three months	4,577,833	(431,630)	9.43	%
Between three and six months	2,418,252	(786,856)	32.54	%
Between six and eight months	5,392,862	(2,402,146)	44.54	%
Older than eight months	718,940	(170,310)	23.69	%
Total	242,695,755	(4,492,643)

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


	12.31.2023	12.31.2022	12.31.2021
	ThCh$	ThCh$	ThCh$
Opening balance	4,492,643	4,711,371	6,795,663
Increase (decrease)	1,319,216	(150,671)	1,697,887
Provision reversal	(1,110,743)	(654,381)	(3,832,220)
Increase (decrease) for changes of foreign currency	(253,919)	586,324	50,041
Sub – total movements	(45,446)	(218,728)	(2,084,292)
Ending balance	4,447,197	4,492,643	4,711,371

The provision for expected credit losses is recorded as an administrative expense in the statements of income by function.