Investment Property (Tables)

12 Months Ended

Dec. 31, 2018

Investment property movements are detailed as follows:

	Lands			Buildings			Total
	ThCh $			ThCh $			ThCh $
As of January 1, 2017
Historic cost		4,729,639			2,279,475			7,009,114
Depreciation		-			(755,287	)		(755,287	)
Book Value		4,729,639			1,524,188			6,253,827

As of December 31, 2017
Additions		-			17,588			17,588
Depreciation		-			(49,909	)		(49,909	)
Convertion effect (depreciation)		(270,804	)		(165,236	)		(436,040	)
Conversion effect		-			30,893			30,893
Changes		(270,804	)		(157,664	)		(428,468	)
Book Value		4,458,835			1,366,524			5,825,359

As of December 31, 2017
Historic cost		4,458,835			2,131,827			6,590,662
Depreciation		-			(765,303	)		(765,303	)
Book Value		4,458,835			1,366,524			5,825,359

As of December 31, 2018
Additions		-			3,613			3,613
Depreciation		-			(49,728	)		(49,728	)
Convertion effect (depreciation)		(429,377	)		(269,737	)		(699,114	)
Conversion effect		-			68,416			68,416
Other increases (decreases) (1)		2,695,795			871,615			3,567,410
Changes		2,266,418			624,179			2,890,597
Book Value		6,725,253			1,990,703			8,715,956

As of December 31, 2018
Historic cost		6,725,253			2,737,318			9,462,571
Depreciation		-			(746,615	)		(746,615	)
Book Value		6,725,253			1,990,703			8,715,956

(1) Corresponds to the financial effect of the application IAS 29 "Financial reporting in hyperinflationary economies”. See

Note 4 - Accounting changes, letter b)