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Inventories | 12 Months Ended
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Dec. 31, 2019
Disclosure of Inventories [Abstract] |
Inventories | Note 12 Inventories The inventories balances are detailed as follows:
| As of December 31, 2019 | As of December 31, 2018
| ThCh$ | ThCh$
Finished products | 83,163,323 | 83,843,751
In process products | 3,539,351 | 3,109,463
Raw material | 129,926,627 | 127,732,091
In transit raw material | 10,556,865 | 8,488,881
Materials and products | 6,494,675 | 6,206,087
Realizable net value estimate and obsolescence | (1,246,380) | (1,318,036)
Total | 232,434,461 | 228,062,237
The Company wrote off a total of ThCh$ 1,962,689, ThCh$ 3,296,095 and ThCh$ 2,981,075 against net realizable value and obsolescence for the years ended as of December 31, 2019, 2018 and 2017, respectively. Additionally, the Company presents an estimate for inventory impairment which includes amounts related to low turnover, technical obsolescence and/or products recalled from the market. The movement of net realizable value and obsolescence estimate is detailed as follows:
| As of December 31, 2019 | As of December 31, 2018
| ThCh$ | ThCh$
Initial balance | (1,318,036) | (1,538,133)
Inventories write-down estimation | (1,642,147) | (3,081,986)
Estimates resulting from business combinations (1) | (210,816) | (101,244)
Inventories recognised as an expense | 1,962,689 | 3,296,095
Business combinations effect | (38,070) | 107,232
Total | (1,246,380) | (1,318,036)
(1) See Note 15 – Business Combinations, letter c) . As of December 31, 2019 and 2018 , the Company does not have any inventory pledged as guarantee for financial obligations.

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