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Employee Benefits (Tables)
 12 Months Ended
Dec. 31, 2019
Disclosure of Employee benefits [Abstract]  
Disclosure of total employee defined benefit plans in statement of financial position [Text Block]
As of
December 31, 2019 and 2018
, the total staff benefits recorded in the Consolidated Statement of Financial Position is detailed as follows:
 
Employees’ Benefits
As of December 31, 2019
As of December 31, 2018
Current
Non-current
Current
Non-current
ThCh$
ThCh$
ThCh$
ThCh$
Short term benefits
27,356,205
-
31,600,044
-
Employment termination benefits
-
33,571,138
194,119
26,901,088
Total
27,356,205
33,571,138
31,794,163
26,901,088
Disclosure of Short-term employee benefits expense [Text Block]
The total short-term benefits recorded in the Consolidated Statement of Financial Position are detailed as follows:
 
Short-Term Employees’ Benefits
As of December
31, 2019
As of December
31, 2018
ThCh$
ThCh$
Vacation
11,500,170
10,518,298
Bonus and compensation
15,856,035
21,081,746
Total
27,356,205
31,600,044
Disclosure of termination benefits [Text Block]
The obligation recorded for severance indemnity is detailed as follows:
 
Severance Indemnity
As of December
31, 2019
As of December
31, 2018
ThCh$
ThCh$
Current
-
194,119
Non-current
33,571,138
26,901,088
Total
33,571,138
27,095,207
Disclosure of reimbursement rights [text block]
The change in the severance indemnity is detailed as follows:
 
Severance Indemnity
ThCh$
Balance as of January 1, 2018
23,699,115
Current cost of service
2,154,071
Interest cost
1,742,273
Actuarial (Gain) losses
1,322,754
Paid-up benefits
(1,640,831)
Past service cost
306,746
Business combinations (1)
776,718
Conversion effect
(1,281,341)
Others
15,702
Changes
3,396,092
As of December 31, 2018
27,095,207
Current cost of service
2,457,762
Interest cost
1,750,514
Actuarial (Gain) losses
4,086,158
Paid-up benefits
(1,773,734)
Past service cost
930,906
Conversion effect
(787,975)
Others
(187,700)
Changes
6,475,931
As of December 31, 2019
33,571,138
(1)
   
See
Note 15 – Business combinations, letter a)
.
Disclosure of termination benefits expense [Text Block]
The figures recorded in the Consolidated Statement of Income, are detailed as follows:
 
Expense recognized for severance indemnity
For the years ended as of December 31,
2019
2018
2017
ThCh$
ThCh$
ThCh$
Current cost of service
2,457,762
2,154,071
1,942,099
Past service cost
930,906
306,746
604,337
Non-provided paid benefits
3,959,881
6,547,694
6,023,869
Other
70,747
175,005
269,377
Total expense recognized in Consolidated Statement of Income
7,419,296
9,183,516
8,839,682
Disclosure of information about actuarial assumptions [Text Block]
The main actuarial assumptions used for the calculation of the severance indemnity obligation are detailed as follows:​​​​​​​
 
Actuarial Assumptions
Chile
Argentina
As of December
31, 2019
As of December
31, 2018
As of December 31,
2019
As of December 31,
2018
Mortality table
RV_2014
RV-2014
Gam,83
Gam,83
Annual interest rate
4.50%
5.69%
49.14%
34.62%
Voluntary employee turnover rate
1.9%
1.9%
"ESA 77 Adjusted" - 50%
"ESA 77 Adjusted" - 50%
Company’s needs rotation rate
5.3%
5.3%
"ESA 77 Adjusted" -50 %
"ESA 77 Adjusted" - 50%
Salary increase (*)
3.7%
3.7%
45.11%
28.27%
Estimated retirement age for (*)
Officers
 
60
60
60
60
Other
Male
65
65
65
65
Female
60
60
60
60
 
(*)
Average of the Company.
Disclosure of information about sensitivity analysis [Text Block]
The Following is a sensitivity analysis based on increased (decreased) of 1 percent on the discount rate:
 
Sensitivity Analysis
As of December
31, 2019
As of December
31, 2018
ThCh$
ThCh$
1% increase in the Discount Rate (Gain)
2,126,263
1,623,794
1% decrease in the Discount Rate (Loss)
(2,479,498)
(1,880,258)
 
 
 
Disclosure of information about other employee expense [Text Block]
The amounts recorded in the Consolidated Statement of Income are detailed as follows:
 
Personal expense
For the years ended as of December 31,
2019
2018
2017
ThCh$
ThCh$
ThCh$
Salaries
168,117,881
159,246,822
151,944,702
Employees’ short-term benefits
27,469,694
31,528,110
27,588,955
Total expenses for short-term employee benefits
195,587,575
190,774,932
179,533,657
Employments termination benefits
7,419,296
9,183,516
8,839,682
Other staff expense
34,115,503
32,183,184
32,485,170
Total (1)
237,122,374
232,141,632
220,858,509
 
(1)
See
Note 29 – Natures of cost and expense
.