Document and Entity Information
Document and Entity Information | 12 Months Ended |
Dec. 31, 2018shares | |
Document and Entity Information [Abstract] | |
Document Type | 20-F |
Amendment Flag | false |
Document Period End Date | Dec. 31, 2018 |
Document Fiscal Year Focus | 2018 |
Document Fiscal Period Focus | FY |
Entity Registrant Name | ENEL CHILE S.A. |
Entity Central Index Key | 0001659939 |
Current Fiscal Year End Date | --12-31 |
Entity Well-known Seasoned Issuer | Yes |
Entity Voluntary Filers | No |
Entity Current Reporting Status | Yes |
Entity Filer Category | Large Accelerated Filer |
Entity Shell Company | false |
Entity Common Stock, Shares Outstanding | 49,092,772,762 |
Entity Emerging Growth Company | false |
Consolidated Statements of Fina
Consolidated Statements of Financial Position - CLP ($) | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 20, 2017 | Dec. 31, 2016 | Dec. 31, 2015 |
CURRENT ASSETS | |||||
Cash and cash equivalents | $ 245,171,924,000 | $ 419,456,026,000 | $ 245,999,192,000 | $ 144,261,845,000 | |
Other current financial assets | 40,303,173,000 | 20,627,062,000 | |||
Other current non-financial assets | 22,406,088,000 | 18,785,891,000 | |||
Trade and other current receivables | 478,170,067,000 | 406,968,537,000 | |||
Current accounts receivable from related parties | 54,171,060,000 | 71,856,046,000 | |||
Inventories | 56,961,643,000 | 39,686,942,000 | |||
Current tax assets | 99,763,817,000 | 77,756,048,000 | |||
TOTAL CURRENT ASSETS | 996,947,772,000 | 1,055,136,552,000 | |||
NON-CURRENT ASSETS | |||||
Other non-current financial assets | 7,269,669,000 | 33,418,204,000 | |||
Other non-current non-financial assets | 44,608,012,000 | 13,813,139,000 | |||
Trade and other non-current receivables | 60,527,843,000 | 36,182,399,000 | |||
Investments accounted for using the equity method | 12,873,531,000 | 16,912,454,000 | 18,738,198,000 | ||
Intangible assets other than goodwill | 115,372,393,000 | 55,170,904,000 | 44,470,750,000 | ||
Goodwill | 915,044,725,000 | 887,257,655,000 | 887,257,655,000 | ||
Property, plant and equipment | 5,308,647,633,000 | 3,585,687,137,000 | 3,476,128,634,000 | ||
Investment property | 7,557,356,000 | 8,356,772,000 | 8,128,522,000 | ||
Deferred tax assets | 19,171,230,000 | 2,837,792,000 | |||
TOTAL NON-CURRENT ASSETS | 6,491,072,392,000 | 4,639,636,456,000 | |||
TOTAL ASSETS | 7,488,020,164,000 | 5,694,773,008,000 | |||
CURRENT LIABILITIES | |||||
Other current financial liabilities | 410,665,815,000 | 18,815,448,000 | |||
Trade and other current payables | 554,286,324,000 | 555,978,518,000 | |||
Current accounts payable to related parties | 157,936,325,000 | 119,612,972,000 | |||
Other current provisions | 5,588,786,000 | 5,636,171,000 | |||
Current tax liabilities | 17,677,920,000 | 67,027,507,000 | |||
Other current non-financial liabilities | 71,308,982,000 | 49,746,030,000 | |||
TOTAL CURRENT LIABILITIES | 1,217,464,152,000 | 816,816,646,000 | |||
NON-CURRENT LIABILITIES | |||||
Other non-current financial liabilities | 1,705,833,503,000 | 781,978,145,000 | |||
Trade and other non-current payables | 2,584,180,000 | 659,824,000 | |||
Non-current accounts payable to related parties | 447,193,802,000 | 318,518,000 | |||
Other long-term provisions | 105,871,375,000 | 78,422,837,000 | |||
Deferred tax liabilities | 278,080,054,000 | 172,223,681,000 | |||
Non-current provisions for employee benefits | 56,602,664,000 | 57,081,924,000 | |||
Other non-current non-financial liabilities | 226,653,000 | 309,776,000 | |||
TOTAL NON-CURRENT LIABILITIES | 2,596,392,231,000 | 1,090,994,705,000 | |||
TOTAL LIABILITIES | 3,813,856,383,000 | 1,907,811,351,000 | |||
EQUITY | |||||
Allocated capital | 3,954,491,479,000 | 2,229,108,975,000 | $ 1,891,727,278,668,000 | ||
Retained earnings | 1,914,797,613,000 | 1,751,605,583,000 | |||
Treasury shares | (72,388,009,000) | ||||
Other reserves | (2,375,672,564,000) | (997,330,548,000) | (1,035,092,978,000) | ||
Equity attributable to Enel Chile | 3,421,228,519,000 | 2,983,384,010,000 | |||
Non-controlling interests | 252,935,262,000 | 803,577,647,000 | 699,602,354,000 | ||
TOTAL EQUITY | 3,674,163,781,000 | 3,786,961,657,000 | $ 3,462,993,642,000 | $ 3,201,900,783,000 | |
TOTAL LIABILITIES AND EQUITY | $ 7,488,020,164,000 | $ 5,694,773,008,000 |
Consolidated Statements of Comp
Consolidated Statements of Comprehensive Income, by Nature - CLP ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | |
Statements of Comprehensive Income | |||
Revenues | $ 2,410,360,459 | $ 2,484,101,582 | $ 2,515,843,880 |
Other operating income | 46,800,967 | 38,876,700 | 25,722,939 |
Revenues and other operating income | 2,457,161,426 | 2,522,978,282 | 2,541,566,819 |
Raw materials and consumables used | (1,292,177,116) | (1,514,786,921) | (1,497,419,580) |
Contribution Margin | 1,164,984,310 | 1,008,191,361 | 1,044,147,239 |
Other work performed by the entity and capitalized | 16,710,963 | 14,388,987 | 16,096,852 |
Employee benefits expense | (123,130,334) | (121,503,777) | (124,098,428) |
Depreciation and amortization expense | (215,187,300) | (152,684,106) | (161,660,610) |
Impairment loss recognized in the period's profit or loss | (5,562,897) | (7,937,817) | (35,926,710) |
Other expenses | (167,210,021) | (161,824,074) | (170,769,137) |
Operating Income | 670,604,721 | 578,630,574 | 567,789,206 |
Other gains | 3,410,379 | 113,241,196 | 121,490,062 |
Financial income | 19,934,468 | 21,662,688 | 23,105,901 |
Financial costs | (122,184,189) | (53,510,882) | (58,199,382) |
Share of profit (loss) of associates and joint ventures accounted for using the equity method | 3,190,240 | (2,696,904) | 7,878,200 |
Foreign Currency Exchange Differences | (7,807,197) | 8,516,874 | 12,978,471 |
Profit (losses) from Indexed Assets and Liabilities | (818,146) | 916,666 | 1,631,840 |
Income before taxes | 566,330,276 | 666,760,212 | 676,674,298 |
Income tax expense, continuing operations | (153,482,519) | (143,342,301) | (111,403,182) |
NET INCOME | 412,847,757 | 523,417,911 | 565,271,116 |
Net income attributable to: | |||
Equity owners of Enel Chile | 361,709,937 | 349,382,642 | 384,159,865 |
Non-controlling interests | 51,137,820 | 174,035,269 | 181,111,251 |
NET INCOME | $ 412,847,757 | $ 523,417,911 | $ 565,271,116 |
Basic earnings per share | |||
Basic earnings per share | $ 5.66 | $ 7.12 | $ 7.83 |
Weighted average number of shares of common stock | 63,913,359,484 | 49,092,772,762 | 49,092,772,762 |
Diluted earnings per share | |||
Diluted earnings per share | $ 5.66 | $ 7.12 | $ 7.83 |
Weighted average number of shares of common stock | 63,913,359,484 | 49,092,772,762 | 49,092,772,762 |
Net Income | $ 412,847,757 | $ 523,417,911 | $ 565,271,116 |
Components of other comprehensive income that will not be reclassified subsequently to profit or loss, before taxes | |||
Remeasurement losses from defined benefit plans | 37,881 | 1,716,875 | (6,618,514) |
Other comprehensive loss that will not be reclassified subsequently to profit or loss | 37,881 | 1,716,875 | (6,618,514) |
Components of other comprehensive income (loss) that will be reclassified subsequently to profit or loss, before taxes | |||
Foreign currency translation | 107,492,316 | (3,686,549) | (3,532,410) |
Gains (losses) from available-for-sale financial assets | (411) | 1,840 | (6,740) |
Share of other comprehensive income from associates and joint ventures accounted for using the equity method | (1,490) | (11,691,509) | |
Gains (losses) from cash flow hedges | (244,271,689) | 73,333,487 | 68,850,275 |
Adjustments from reclassification of cash flow hedges, transferred to profit or loss | 22,364,834 | 24,225,474 | 20,218,082 |
Other comprehensive income (loss) that will be reclassified subsequently to profit or loss | (114,414,950) | 93,872,762 | 73,837,698 |
Other comprehensive income (loss), before taxes | (114,377,069) | 95,589,637 | 67,219,184 |
Income tax related to components of other comprehensive income that will not be reclassified subsequently to profit or loss | |||
Income tax related to defined benefit plans | (10,228) | (463,556) | 1,786,999 |
Income tax related to components of other comprehensive income that will not be reclassified subsequently to profit or loss | (10,228) | (463,556) | 1,786,999 |
Income tax related to components of other comprehensive income that will be reclassified subsequently to profit or loss | |||
Income tax related to cash flow hedge | 60,650,786 | (25,701,599) | (21,116,232) |
Income tax related to available-for-sale financial assets | 111 | (497) | 1,820 |
Income tax related to components of other comprehensive income that will be reclassified subsequently to profit or loss | 60,650,897 | (25,702,096) | (21,114,412) |
Total Other Comprehensive Income (Loss) | (53,736,400) | 69,423,985 | 47,891,771 |
TOTAL COMPREHENSIVE INCOME | 359,111,357 | 592,841,896 | 613,162,887 |
Comprehensive income attributable to: | |||
Equity owners of Enel Chile | 297,410,542 | 391,680,966 | 411,551,269 |
Non-controlling interests | $ 61,700,815 | $ 201,160,930 | $ 201,611,618 |
Consolidated Statements of Chan
Consolidated Statements of Changes in Equity - CLP ($) $ in Thousands | Allocated Capital [Member] | Treasury shares [member] | Reserve for Exchange Differences in Translation [Member] | Reserve for Cash Flow Hedges [Member] | Reserve for Gains and Losses for Defined Benefit Plans [Member] | Reserve of Gains and Losses on Remeasuring Available-for-Sale Financial Assets [Member] | Amounts Recognized in Other Comprehensive Income and Accumulated in Equity Related to Non-current Assets or Groups of Assets for Disposal Classified as Held for Sale [Member] | Other Miscellaneous Reserves [Member] | Other Reserves [Member] | Retained Earnings [Member] | Equity Attributable to Owners of Parent [Member] | Non-controlling Interests [Member] | Total |
Equity beginning balance at Dec. 31, 2015 | $ 2,229,108,975 | $ 12,423,692 | $ (121,503,052) | $ 14,835 | $ (849,525,427) | $ (958,589,952) | $ 1,322,162,479 | $ 2,592,681,502 | $ 609,219,281 | $ 3,201,900,783 | |||
Comprehensive income | |||||||||||||
Profit (loss) | 384,159,865 | 384,159,865 | 181,111,251 | 565,271,116 | |||||||||
Other comprehensive income | (2,137,753) | 40,843,826 | $ (4,297,479) | (4,880) | (7,012,310) | 27,391,404 | 27,391,404 | 20,500,367 | 47,891,771 | ||||
TOTAL COMPREHENSIVE INCOME | 411,551,269 | 201,611,618 | 613,162,887 | ||||||||||
Dividends | (145,636,016) | (145,636,016) | (81,524,150) | (227,160,166) | |||||||||
Increase (decrease) from other changes | (1,063,006) | 4,440,756 | 4,297,479 | $ 1,632,724 | (113,202,383) | (103,894,430) | 8,688,963 | (95,205,467) | (29,704,395) | (124,909,862) | |||
Total changes in equity | (3,200,759) | 45,284,582 | (4,880) | 1,632,724 | (120,214,693) | (76,503,026) | 247,212,812 | 170,709,786 | 90,383,073 | 261,092,859 | |||
Equity ending balance at Dec. 31, 2016 | 2,229,108,975 | 9,222,933 | (76,218,470) | 9,955 | 1,632,724 | (969,740,120) | (1,035,092,978) | 1,569,375,291 | 2,763,391,288 | 699,602,354 | 3,462,993,642 | ||
Comprehensive income | |||||||||||||
Profit (loss) | 349,382,642 | 349,382,642 | 174,035,269 | 523,417,911 | |||||||||
Other comprehensive income | (2,246,550) | 43,368,734 | 1,174,811 | 1,329 | 42,298,324 | 42,298,324 | 27,125,661 | 69,423,985 | |||||
TOTAL COMPREHENSIVE INCOME | 391,680,966 | 201,160,930 | 592,841,896 | ||||||||||
Dividends | (168,327,161) | (168,327,161) | (94,944,701) | (263,271,862) | |||||||||
Increase (decrease) from other changes | (1,174,811) | (1,632,724) | (1,728,359) | (4,535,894) | 1,174,811 | (3,361,083) | (2,240,936) | (5,602,019) | |||||
Total changes in equity | (2,246,550) | 43,368,734 | 1,329 | $ (1,632,724) | (1,728,359) | 37,762,430 | 182,230,292 | 219,992,722 | 103,975,293 | 323,968,015 | |||
Equity ending balance at Dec. 31, 2017 | 2,229,108,975 | 6,976,383 | (32,849,736) | 11,284 | (971,468,479) | (997,330,548) | 1,751,605,583 | 2,983,384,010 | 803,577,647 | 3,786,961,657 | |||
Increase (decrease) through changes in accounting policies | Increase (decrease) due to changes in accounting policy [member] | (2,702,470) | (2,702,470) | (44,691) | (2,747,161) | |||||||||
Equity at beginning of period (As Restated) | 2,229,108,975 | 6,976,383 | (32,849,736) | 11,284 | (971,468,479) | (997,330,548) | 1,748,903,113 | 2,980,681,540 | 803,532,956 | 3,784,214,496 | |||
Comprehensive income | |||||||||||||
Profit (loss) | 361,709,937 | 361,709,937 | 51,137,820 | 412,847,757 | |||||||||
Other comprehensive income | 94,678,453 | (159,020,809) | 43,204 | (243) | (64,299,395) | (64,299,395) | 10,562,995 | (53,736,400) | |||||
TOTAL COMPREHENSIVE INCOME | 297,410,542 | 61,700,815 | 359,111,357 | ||||||||||
Issuance of equity | 1,725,382,504 | 1,725,382,504 | 1,725,382,504 | ||||||||||
Dividends | (195,858,641) | (195,858,641) | (19,603,211) | (215,461,852) | |||||||||
Increase (decrease) from other changes | $ (43,204) | (403,562,193) | (403,605,397) | 43,204 | (403,562,193) | 92,644,186 | (310,918,007) | ||||||
Increase (decrease) due to portfolio transactions | $ (72,388,009) | (72,388,009) | (72,388,009) | ||||||||||
Increase (decrease) from changes in ownership interests of subsidiaries that do not result in loss of control | (910,437,224) | (910,437,224) | (910,437,224) | (685,339,484) | (1,595,776,708) | ||||||||
Total changes in equity | 1,725,382,504 | (72,388,009) | 94,678,453 | (159,020,809) | (243) | (1,313,999,417) | (1,378,342,016) | 165,894,500 | 440,546,979 | (550,597,694) | (110,050,715) | ||
Equity ending balance at Dec. 31, 2018 | $ 3,954,491,479 | $ (72,388,009) | $ 101,654,836 | $ (191,870,545) | $ 11,041 | $ (2,285,467,896) | $ (2,375,672,564) | $ 1,914,797,613 | $ 3,421,228,519 | $ 252,935,262 | $ 3,674,163,781 |
Consolidated Statements of Ch_2
Consolidated Statements of Changes in Equity (Parenthetical) $ in Thousands | Jan. 01, 2018CLP ($) |
Initial balance adjustment for IFRS 9 | |
Retained earnings | $ 3,411,631 |
Increase (decrease) due to application of IAS 29 [member] | |
Retained earnings | $ 664,470 |
Consolidated Statements of Cash
Consolidated Statements of Cash Flows, Direct - CLP ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | |
Types of collection from operating activities | |||
Collections from the sale of goods and services | $ 3,037,830,501 | $ 3,147,019,752 | $ 3,234,555,814 |
Collections from premiums and services, annual payments, and other obligations from policies held | 9,201,388 | 6,808,382 | 3,941,414 |
Other collections from operating activities | 23,353,592 | 15,216,737 | 3,764,294 |
Types of payment in cash from operating activities | |||
Payments to suppliers for goods and services | (1,921,809,622) | (2,068,346,327) | (2,119,032,266) |
Payments to and on behalf of employees | (119,944,410) | (128,787,065) | (128,828,942) |
Payments on premiums and services, annual payments, and other obligations from policies held | (15,704,586) | (15,466,609) | (17,236,985) |
Other payments for operating activities | (137,352,099) | (130,403,003) | (232,754,099) |
Income taxes paid | (134,512,945) | (183,022,750) | (125,565,819) |
Other outflows of cash, net | (5,536,297) | (7,405,397) | (4,158,555) |
Net cash flows from operating activities | 735,525,522 | 635,613,720 | 614,684,856 |
Cash flows from (used in) investing activities | |||
Cash flows from the loss of control of subsidiaries or other businesses, net | (1,624,326,739) | 3,003 | |
Other collections from the sale of equity or debt instruments belonging to other entities | 115,582,806 | 134,925,825 | |
Other payments to acquire stakes in joint ventures | (1,943,100) | (2,346,000) | |
Loans to related companies | (37,940,159) | (161,363,897) | (72,633,744) |
Proceeds from the sale of property, plant and equipment | 4,640,835 | 4,428,995 | 15,272,996 |
Purchases of property, plant and equipment | (300,538,836) | (266,029,921) | (222,385,600) |
Payments for future, forward, option and swap contracts | (1,475,713) | (7,808,837) | (8,044,017) |
Collections from future, forward, option and swap contracts | 352,734 | 835,105 | 3,744,080 |
Collections from related companies | 76,307,192 | 161,363,898 | 72,855,009 |
Dividends received | 1,520,979 | 879,884 | 8,682,136 |
Interest received | 6,653,972 | 7,589,290 | 6,437,720 |
Other inflows (outflows) of cash | (6,753,959) | ||
Net cash flows used in investing activities | (1,881,559,694) | (146,465,777) | (63,488,592) |
Cash flows from (used in) financing activities | |||
Payments proceeds from share Issuance | 665,829,207 | ||
Payments for acquiring treasury shares | (72,388,009) | ||
Total Amounts from long-term loans | 1,565,782,604 | 136,870,540 | |
Proceeds from long-term loans | 1,565,782,604 | 136,870,500 | |
Proceeds from short-them loans | 40 | ||
Loans from related companies | 150,000,000 | 150,517,279 | |
Payments of loans | (819,525,929) | (5,534,483) | |
Payments on borrowings and financial lease liabilities | (1,889,685) | (2,592,237) | (139,596,278) |
Payment of loans to related companies | (150,000,000) | (167,561,709) | |
Dividends paid | (231,392,743) | (260,803,055) | (322,805,225) |
Interest paid | (116,540,891) | (43,816,959) | (48,344,510) |
Other outflows of cash, net | (23,297,678) | (4,848,787) | (54,947,069) |
Net cash flows used in financing activities | 966,576,876 | (317,595,521) | (445,866,972) |
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | (179,457,296) | 171,552,422 | 105,329,292 |
Effect of exchange rate changes on cash and cash equivalents | |||
Effect of exchange rate changes on cash and cash equivalents | 5,173,194 | 1,904,412 | (3,591,945) |
Net increase (decrease) in cash and cash equivalents | (174,284,102) | 173,456,834 | 101,737,347 |
Cash and cash equivalents at beginning of year | 419,456,026 | 245,999,192 | 144,261,845 |
Cash and cash equivalents at end of year | $ 245,171,924 | $ 419,456,026 | $ 245,999,192 |
Background and Business Activit
Background and Business Activities | 12 Months Ended |
Dec. 31, 2018 | |
BACKGROUND AND BUSINESS ACTIVITIES | |
Background and Business Activities | 1. Enel Chile S.A. (hereinafter the “Parent Company” or the “Company”) and its subsidiaries comprise the Enel Chile Group (hereinafter the “Group”). The Company is a publicly traded corporation with registered address and head office located at Avenida Santa Rosa, No. 76, in Santiago, Chile. Since April 13, 2016, the Company is registered in the securities register of the Financial Market Commission of Chile (“Comisión para el Mercado Financiero” or “CMF”, formerly the Chilean Superintendence of Securities and Insurance, “Superintendencia de Valores y Seguros” or “SVS”) and since March 31, 2016 is registered with the Securities and Exchange Commission of the United States of America. On April 21, 2016, the Company’s shares began trading on the Santiago Stock Exchange and the Electronic Stock Exchange. In addition, the Company’s common stock began trading in the United States in the form of American Depositary Shares on the New York Stock Exchange by way of “when-issued” trading from April 21, 2016 to April 26, 2017 and “regular-way” trading since April 27, 2016. The Company was initially incorporated by public deed dated January 22, 2016 and came into legal existence on March 1, 2016 under the name of Enersis Chile S.A. The Company changed its name to Enel Chile S.A. effective October 4, 2016, the date its by-laws were amended in connection with the corporate reorganization of the Group. For tax purposes, the Company operates under Chilean tax identification number 76.536.353‑5. As of December 31, 2018, the Group had 2,062 employees. During the fiscal year ended December 31, 2018, the Group averaged a total of 2,096 employees (see Note 37). Enel Chile’s corporate purpose consists of exploring, developing, operating, generating, distributing, transporting, transforming and/or sale of energy in any of its forms or nature, directly or through other entities within Chile. Additionally, it is also engaged in investing and managing its investments in its subsidiaries and associates, whose activities include the generation, transmission, distribution or selling of electrical energy, or whose corporate purpose includes any of the following: i) Energy of any kind or form, ii) Supplying public services, or services whose main component is energy, iii) Telecommunications and information technology services, and iv) Internet-based intermediation business. 4.1. Information about the Group a) Separation of businesses in Chile from its business in Argentina, Brazil, Colombia and Peru (the “Spin-Off”): On April 28, 2015, Enersis S.A (currently Enel Américas S.A.) reported as an essential fact to the SVS (currently CMF) that its board of directors decided unanimously to start an assessment of the restructuring of the company with a view to separating the energy generation and distribution activities in Chile from its other activities carried out outside Chile; the purpose would be to resolve some duplications and redundancies arising from the complex company structure of Enersis S.A. and its subsidiaries Empresa Nacional de Electricidad S.A. (currently Enel Generación Chile S.A.) and Chilectra S.A. (currently Enel Distribución Chile S.A.) and to generate value for all of its shareholders, maintaining the benefits arising from belonging to the Grupo Enel SpA.. On July 27, 2015, in compliance with the provisions of articles 9 and 10 of Law 18045 on the Securities Market and the stipulations of General Standard 30 of the SVS, Enersis S.A. (hereinafter Enersis) reported as an essential fact to the SVS that its board of directors had decided unanimously to approve the separation of its generation and distribution activities in Chile from the other activities carried out outside Chile by the Group. This restructuring would be carried out using the following steps: a. Division of Empresa Nacional de Electricidad S.A. (hereinafter Endesa Chile) and Chilectra S.A. (hereinafter Chilectra), by creating two new companies called Endesa Américas S.A. and Chilectra Américas S.A. Endesa Chile and Chilectra, the surviving companies after the division, would keep the entire business currently carried out in Chile; i.e. they would be assigned the part of the equity made up of, among other things, the assets, liabilities and respective administrative authorizations, held by each of the divided companies in Chile. On the other hand, , the companies created as a result of the division, i.e. Endesa Américas S.A. and Chilectra Américas S.A., would be assigned the equity corresponding to the international business (basically, interests in companies domiciled in Argentina, Brazil, Colombia and Peru) (the “Separation”). b. Division of Enersis S.A., by creating a new company called Enersis Chile S.A. (currently Enel Chile S.A.). The pre-existing and continuing entity before the division, Enersis S.A., would be assigned the interests and investments in the companies Endesa Américas S.A. and Chilectra Américas S.A., and any possible liabilities that would be assigned to the it as a divided business. Thus, the new company Enersis Chile would be the holding company of the Chilean business established in Endesa Chile and Chilectra, and the pre-existing and continuing Enersis S.A. would continue to be the holding company for the international business comprising the interests of Endesa Américas S.A. and Chilectra Américas S.A. The new company Enersis Chile S.A. would be listed in the stock exchanges where Enersis S.A. is currently listed and would be subject to the provisions of Section XII of Statutory Decree 3500 of November 4, 1980. c. After the above divisions have been accomplished, a merger by absorption would take place between Endesa Américas S.A. and Chilectra Américas S.A., by Enersis S.A.. The end result would be that the surviving company after the merger, i.e. Enersis S.A., would carry out the international business directly, and Enersis Chile S.A., indirectly through its ownership of shares in its subsidiaries Endesa Chile and Chilectra, would carry out the Chilean domestic business, which, in this case, would represent a significant simplification in relation to the current structure. The Extraordinary Shareholders’ Meeting of Enersis S.A., held on December 18, 2015, approved the division of Enersis S.A. into two companies, with a new corporation arising from that division, Enersis Chile S.A., governed by Section XII of Statutory Decree 3500, to which were assigned the corporate interests and assets and liabilities associated with Enersis S.A. in Chile, including the interests in the already divided Chilectra and Endesa Chile, and with all of the shareholders of Enersis S.A. being incorporated into Enersis Chile S.A. in the same proportion to their interest in the capital of Enersis S.A. for an equal number of shares that they had received in the divided company (1 to 1 ratio); and for the corporate interests outside Chile, including its ownership interests in the companies resulting from the divisions of Chilectra and Endesa Chile, and the liabilities linked to them, as well as all of the other assets and liabilities not assigned expressly to Enersis Chile S.A. in the division thus belonging to the divided company Enersis S.A.. As part of the Enersis Spin-Off, it was agreed that (i) Enersis S.A.’s share capital would be reduced from Ch$5,804,447,986,087 divided into 49,092,772,762 registered common shares of a single series with no par value, to Ch$3,575,339,011,549 divided into 49,092,772,762 registered common shares of a single series with no par value. Additionally, it was agreed that (ii) Enersis Chile’s share capital would be Ch$2,229,108,974,538, which corresponds to the amount by which the Enersis share capital would be decreased, divided into 49,092,772,762 registered common shares of a single series with no par value, and (iii) Enersis’ equity interest would be distributed between Enersis Américas and Enersis Chile by allocating assets and liabilities to Enersis Chile, as agreed at the abovementioned extraordinary shareholders’ meeting. For their part, the bylaws of Enersis Chile S.A. were approved; once they came into force, this entity has been subject voluntarily and in advance to the regulations set forth in article 50 A of the Law on Corporations with regard to the election of independent directors and the creation of Committees of Directors. In compliance with the agreement of the Extraordinary Shareholders’ Meeting of Enersis S.A., held on December 18, 2015, the Board of Directors of Enersis S.A. was informed that the condition precedent to which the division of Enersis S.A. was subject had been complied with. It stipulated the drawing up and execution of the public deed stating that the above condition precedent had been met, called “Deed of Compliance with the Condition for the Division of Enersis.” Consequently, and in accordance with the above approval by the Shareholders’ Meeting, the division of Enersis S.A. was implemented as of March 1, 2016, from which date the new company Enersis Chile S.A. came into existence and the decrease in capital and other amendments to the bylaws of Enersis S.A. were verified, with the latter becoming formally known as Enersis Américas S.A. as of February 1, 2016. The shares into which the capital of Enersis Chile S.A is divided are distributed free of charge to the shareholders of Enersis Américas S.A. entitled to receive them on April 21, 2016. b) Incorporation of Renewable Assets in Chile: For a discussion of the 2018 corporate restructuring project, see Note 6. |
Basis of Presentation of the Co
Basis of Presentation of the Consolidated Financial Statements | 12 Months Ended |
Dec. 31, 2018 | |
BASIS OF PRESENTATION OF THE CONSOLIDATED FINANCIAL STATEMENTS | |
Basis of Presentation of the Consolidated Financial Statements | 2. 2.1 Basis of preparation The accompanying consolidated financial statements as of December 31, 2018 of Enel Chile were approved by the Company’s Board of Directors at its meeting held on April 29, 2019, and have been prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”) . The consolidated financial statements for the periods prior to the Separation reflect the combined operations of the Group as it would have been incorporated following the Spin- Off mentioned in Note 1. The combined financial statements may not be indicative of the Group’s future performance and do not necessarily reflect what the results of operations, financial position and cash flows would have been had it operated, since January 1, 2013 as an independent combined group during the periods presented. Since IFRS does not provide any guidance for the preparation of combined financial statements, paragraph 12 of IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors was used for the preparation of the combined financial statements. This paragraph requires that the latest pronouncements of other standard setters, other accounting literature and accepted industry practice should be considered. The combined financial statements of the Company were derived from the aggregation of the net assets of the Chilean business of Enersis S.A. (currently Enel Américas S.A.). All intra-group balances, revenues, expenses and unrealized gains and losses arising from transactions between companies belonging to combined group were eliminated when preparing the combined financial statements. In addition, the investments of Enersis S.A. in the Group were eliminated against the equity of the respective combined entities. Transactions with Enel Américas group companies, which do not belong to the Group, have been disclosed as transactions with related parties. Following the Separation, the consolidated financial statements include the financial statements of the Company and its subsidiaries, associates and joint ventures, and no longer include any allocations of expenses from Enersis S.A. to the Company. Accordingly: " The consolidated statement of financial position as of December 31, 2018 and 2017, consists of the consolidated statement of financial position of the Group. " The consolidated statements of comprehensive income for the years ended December 31, 2018 and 2017, consist of the consolidated statement of comprehensive income of the Group. The consolidated statement of comprehensive income for the year ended December 31, 2016, consists of the consolidated statement of comprehensive income of the Group for the ten month period ended December 31, 2016 and the combined statement of comprehensive income of the Company’s businesses aggregated as a combined group for the two month period ended March 1, 2016. " The consolidated statements of changes in equity for the years ended December 31, 2018 and 2017, consist of the consolidated statements of changes in equity of the Group. The consolidated statement of changes in equity for the year ended December 31, 2016, consists of the consolidated statement of changes in equity of the Group for the ten month period ended December 31, 2016 and the combined statement of changes in equity of the Company’s businesses aggregated as a combined group for the two month period ended March 1, 2016. " The consolidated statements of cash flows for the years ended December 31, 2018 and 2017, consist of the consolidated statements of cash flows of the Group. The consolidated statement of cash flows for the year ended December 31, 2016, consists of the consolidated statement of cash flows of the Group for the ten month period ended December 31, 2016 and the combined statement of cash flows of the Company’s businesses aggregated as a combined group for the two month period ended March 1, 2016. These consolidated financial statements are presented in thousands of Chilean pesos (unless otherwise stated) which is the Company’s functional and presentation currency. Principles applied in preparing the Combined Financial Statements The following summarizes the accounting and other principles applied in preparing the combined financial statements. Management considers that the allocations described below were made on a reasonable basis, but are not necessarily indicative of the costs that would have been incurred if the Company aggregated as a combined group (hereinafter “the Combined Group”) had been a stand-alone entity. Net assets of the Parent Company (equity) Prior to the Separation, the Combined Group had not previously formed a separate legal group nor presented any stand-alone financial statements, and accordingly it was not conceivable to present share capital or an analysis of equity reserves. The net assets of the Combined Group were represented by capital invested in the Combined Group and were shown as “Equity” using the same captions as those used by Enersis. Issued capital, share premium and retained earnings of Enersis were allocated to Enersis Chile based on the net asset value ratio assigned to it. Other reserves (which were primarily composed of the equity effects of past reorganizations, business combinations under common control, residual effects of first-time adoption of IFRS and the equity effects of the recent Spin-Off) were allocated considering the transaction and circumstances that led to creation of these reserves. Cash and cash equivalents Cash and cash equivalents of the foreign subsidiaries of Enersis were excluded from the combined financial statements. In addition, the cash and cash equivalents balance of Enersis, on a stand-alone basis, was allocated using the following criteria: (i) Cash and cash equivalents from the proceeds from the capital increase carried out in 2013 were excluded from the combined financial statements; and (ii) Cash and cash equivalents remaining after excluding the 2013 capital increase proceeds, were allocated based on the exercise carried out by Enersis’ management, the ratios obtained for the division of the cash and cash equivalents, were as follows: Proportion of Net Assets Market Value Entity Chile Américas Enersis S.A. Endesa S.A. Chilectra S.A. Intercompany balances and transactions with related companies Intercompany balances with successors of Enersis were allocated by identifying the entity that provided/received the service as well as the nature of it. Intercompany balances with the Company were eliminated in full for the purpose of the combined financial statements. Intercompany balances with Enel Américas are included in the combined financial statements and disclosed as accounts with related companies. Debt instruments and related interest expenses, exchange differences and effects of hedge accounting strategies Financial debt and related interest expenses and exchange rate differences of the Chilean subsidiaries of Enersis were included in the combined financial statements. Financial debt and related interest expenses and exchange rate differences of Enersis stand-alone was 100% allocated to Enel Americas and were not included in the combined financial statements. In relation to derivative instruments designated as hedging instruments for the Chilean subsidiaries of Enersis, these were included in the combined financial statements. Enersis’ management adopted as a criterion to keep the strategies of hedge accounting. Therefore, all effects on the statement of financial position, income and other comprehensive income were assigned to the specific companies to which the hedged items were assigned. In the case of Enersis on a stand-alone basis, the main items covered by the hedging strategies were related to debt (hedging exposure to foreign currency debt and variability in interest rates). Therefore, the main derivative instruments associated with such hedging strategies were assigned accordingly to Enel Américas, the entity that assumed 100% of the debt of Enersis stand-alone entity, or the Company, as applicable. Personnel, salary expenses other employee benefits For purposes of properly distributing the accounting effect of personnel from Enersis on a stand-alone basis between the Company and Enel Américas, Enersis management defined as a criterion to identify those personnel whose main activities were related 100% to the operations based in Chile under Enersis. This group of employees was assigned to the Company. On the other hand, management also identified those employees whose main activities related 100% to foreign operations. This group of employees was assigned to Enel Américas. All remaining personnel, who divide their main activities between the Chilean operations of Enersis and foreign operations, were assigned to the Company, meaning that from the date of the Spin-Off, those employees would identify the activities offered to foreign operations of Enersis and vice-versa. The existing contracts of inter-company provision of services between foreign and local businesses ensure reimbursement of the incurred costs of these employees that were allocated based on the time dedicated to activities offered to the Company’s entities from their total available time. The table below sets forth the breakdown of employees allocated to the Company and Enel Américas: Employee allocation Entity Chile Américas Enersis S.A. Endesa S.A. Chilectra S.A. Total Once the allocation of personnel was determined Enersis management applied the following criterion to the division of all the personnel related accounts in the statements of financial position and comprehensive income that were associated with the costs directly related to the personnel, such as wages and salaries, post-employment benefit obligations expense and social security and other benefits, travel expenses, etc. In this regard their allocation was performed based on the specific assignment of the related personnel to the Combined Group, as described above. Other share costs The combined statements of income include expense allocations for certain corporate functions provided by Enersis, including, but not limited to, human resources administration, treasury, risk management, internal audit, accounting, tax, legal, insurance, medical services, information technology support, communication management, and other shared services. These expenses were allocated to the Company and Enel Américas based on a specific identification basis, and in other cases these expenses were allocated by Enersis based on a pro-rata basis of headcount or some other basis depending on the nature of the allocated cost. Management considers the basis on which the expenses were allocated to reasonably reflect the utilization of services provided to or the benefit received by the Company during the periods presented. Dividends receivable and payable The criterion defined by Enersis’ management to allocate to both the Company as well as to Enel Américas a portion of dividends receivable accounts from Enersis as a stand-alone basis as of the date of the Spin-Off, was based mainly on identifying the origin of each one of those dividends. If the dividends come directly from a Chilean subsidiary, these dividends were allocated 100% to the Company. Income tax The tax effect (income statement and income tax provision) related to the Chilean subsidiaries of Enersis was included in the combined financial statements and was calculated using the statutory corporate tax rates according to the jurisdiction where the pre-tax income was originated. In addition, the tax effect in the income statement of Enersis on a stand-alone basis was allocated to the combined financial statements by determining a hypothetical taxable income as if the Company and Enel Américas had operated as separate taxpayers. However, and from a tax point of view, there is currently only one taxpaying company, which is Enersis’ successor, Enel Américas. Accordingly, income tax payable by Enersis was allocated to the combined financial statements. In relation to deferred tax assets and liabilities, these were assigned to the Company and Enel Américas, taking into account the underlying assets and liabilities, whose respective temporary differences originated such deferred taxes. Other working capital accounts Working capital items such as accounts receivable, accounts payable and inventories that were directly attributable to the Chilean operations of the Combined Group were included in the combined financial statements. 2.2 New accounting pronouncements a) The following accounting pronouncements have been adopted by the Group effective as of January 1, 2018: i. New Standards and Interpretations New Standards and Interpretations Mandatory Effective Date: IFRS 9: Financial Instruments Annual periods beginning on or after January 1, 2018 IFRS 15: Revenue from Contracts with Customers Annual periods beginning on or after January 1, 2018 IFRIC 22: Foreign Currency Transactions and Advance Consideration Annual periods beginning on or after January 1, 2018 · IFRS 9 – Financial Instruments IFRS 9 entered into force effective as of January 1, 2018, replacing IAS 39 Financial Instruments: Recognition and Measurement . This standard contains requirements in regards to the recognition, classification and measurement of financial assets, financial liabilities and certain purchase or sale contracts of non-financial items. The Group adopted retroactively for transition in the first time adoption of this standard. The accumulated effect of this application was accounted for as an adjustment to the opening balance of retained earnings as of the initial application date. The Group has applied prospectively the hedge accounting requirements of IFRS 9. Management conducted a detailed evaluation of the three aspects of the standard and its impact on the consolidated financial statements of the Group, which is summarized as follows: (i) Classification and measurement IFRS 9 introduces a new classification approach for financial assets, based on two concepts: the characteristics of the contractual cash flows of the financial assets and the business model of the entity. Under this new approach, the four classification categories of IAS 39 are replaced by the following three categories: - Amortized cost, if the financial assets are held within a business model whose objective is to collect contractual cash flows; - Fair value through other comprehensive income, if the financial assets are held within a business model whose objective is achieved by both collecting contractual cash flows and selling financial assets; or - Fair value through profit or loss, a residual category which consists of financial instruments that are not held within any of the two business models previously discussed, including those held for trading and those designated at fair value on initial recognition. For financial liabilities , IFRS 9 retains largely the existing requirements in IAS 39, with certain specific modifications, under which most of the financial liabilities are measured at amortized cost, and allowing the designation of a financial liability to be measured at fair value through profit or loss, if certain criteria are met. However, IFRS 9 introduces new requirements for financial liabilities designated at fair value through profit or loss, which states that under certain circumstances, changes in fair value originated by the variation of an entity’s own credit risk will be recognized in other comprehensive income. Based on the business model and the characteristics of the contractual cash flows, the Group determined that the new classification requirements for financial assets did not have an impact on the consolidated financial statements. Most of the Group's financial instruments, i.e. loans and trade receivables, will continue to be measured at amortized cost under IFRS 9, and derivative instruments will continue to be measured at fair value through profit or loss (general treatment) or through other comprehensive income (hedge accounting), as appropriate. The Group has elected to measure certain investments in equity instruments at measured at fair value through other comprehensive income under IFRS 9 (see Note 23). (ii) Impairment The new impairment model in IFRS 9 is based on expected credit losses, as opposed to the incurred loss model in IAS 39. Consequently, under IFRS 9 impairment losses will be recognized, as a general rule, earlier than previous practice. The new impairment model will be applied to financial assets measured at amortized cost and those measured at fair value through other comprehensive income, except for investments in equity instruments. Under IFRS 9, the allowance for impairment losses will be measured based on: - 12‑months expected credit losses; or - Lifetime expected credit losses, if the credit risk of a financial asset at the reporting date has increased significantly since initial recognition. The standard allows the application of a simplified approach for trade receivables, contract assets and lease receivables so that the impairment is always recognized in reference to the lifetime expected credit losses for the asset. The Group has chosen to apply this policy for the designated financial assets . The analysis of the impairment of the Group's financial assets was made with a focus on trade accounts receivable, which represent most of the Group's credit exposure. In particular, for the application of the simplified approach contemplated in the standard, these accounts receivable were grouped into specific pools, taking into account the nature and credit risk, and the impairment model based on expected losses developed by the Group was applied on a collectively-evaluated basis.. For trade accounts receivable that management considered significant on an individual basis and for which more detailed information on credit risk was available, an analytical approach was adopted within the simplified model. As of January 1, 2018, as a result of the application of the new impairment model, the Group recognized a charge, net of taxes, of ThCh$3,411,631 to retained earnings. (iii) Hedge Accounting IFRS 9 introduces a new model for hedge accounting in order to more closely align the accounting treatment with risk management activities of the entities and to establish a new principle-based approach. The new model will enable entities to better reflect risk management activities in the financial statements, and allow more items to be eligible as hedged items, such as non-financial risk components, net positions, and aggregated exposures (i.e., a combination of derivative and non-derivative exposure). The most significant changes in relation to hedging instruments compared to hedge accounting methodology in IAS 39, is the possibility to defer in other comprehensive income the time value of options, forward points in forward contracts, and foreign currency basis spread, until the hedged item impacts profit or loss. IFRS 9 eliminates the current quantitative requirement for a hedge effectiveness test, under which the results must be within a range of 80‑125 percent. This will allow aligning hedge effectiveness with risk management by demonstrating the existence of an economic relationship between the hedging instrument and the hedged item, and enables the rebalancing of a hedging relationship if the risk management objective remains unchanged. However, retrospective ineffectiveness should continue to be valued and recognized in profit or loss. When initially applying IFRS 9, the Group may choose as its accounting policy to continue to apply the hedge accounting requirements of IAS 39 instead of the requirements in IFRS 9, until the time the new requirements on macro-hedging are published and adopted. The Group has chosen to apply the new requirements of IFRS 9 on the date of its adoption. The Group implemented changes in the systems, internal control, policies and procedures in order to comply with the new disclosures and accounting requirements of IFRS 9. The application of the new hedge accounting model has not had an impact on the Group's consolidated financial statements. · IFRS 15 – Revenue from Contracts with Customers In May 2014, the IASB published IFRS 15, which is applicable to all revenue arising from contracts with customers, with certain exemptions (lease and insurance contracts, financial instruments and non-monetary exchanges) and to recognition and measurement of gains and losses on disposal of non-financial assets. The new revenue standard supersedes, effective as of January 1, 2018, all current revenue recognition standards: - IAS 11 Construction Contracts; - IAS 18 Revenue; - IFRIC 13 Customer Loyalty Programs; - IFRIC 15 Agreements for the Construction of Real Estate; - IFRIC 18 Transfers of Assets from Customers; and - SIC‑31 Revenue – Barter Transactions Involving Advertising Services. This new standard introduces a general framework for recognition and measurement of revenue, based on the core principle that revenues are recognized for an amount that reflects the consideration to which the entity expects to be entitled in exchange for transferring promised goods or services to customers. This core principle shall be applied using a five-step approach to revenue recognition: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations in the contracts; and (5) recognize revenue when (or as) the entity satisfies a performance obligation. The Group carried out an implementation project, to identify and measure the possible impacts of applying IFRS 15 on its consolidated financial statements. This project involved identifying all of the revenue flows of Enel Chile and its subsidiaries, knowledge of the traditional practices of the business, a comprehensive evaluation of each kind of contract with customers and determining the methodology for recording this revenue under the standards. The evaluation was performed paying an special attention to those contracts presenting key aspects of IFRS 15 and particular characteristics of interest to the Group, such as: identifying contractual obligations; contracts with multiple obligations and recognition timing; contracts with variable compensation; significant financing components; analysis of principal versus agent; existence of service guarantees; and recognition of costs to obtain and fulfill a contract. The Group participates in the electrical energy generation, transmission and distribution businesses, and related activities. Based on the nature of the goods and services offered and the characteristics of its revenue flows streams, the Group did not identify any impact on the consolidated financial statements of the Group he date of initial application of IFRS 15 For further details about the goods and services provided by the Group and the revenue recognition criteria, see Note 3.q. The Group implemented changes in the systems, internal control, policies and procedures in order to comply with the new disclosures and accounting requirements of IFRS 15. The Group adopted the new standard on the required effective date using the retrospectively modified method. The application has not had an impact on the Group’s consolidated financial statement. · IFRIC 22 – Foreign Currency Transactions and Advance Consideration This Interpretation clarifies the date of the transaction for the purpose of determining the exchange rate to use in foreign currency transactions when the consideration is paid or received before recognizing related revenues, expenses or assets. For this purposes, the date of the transaction is the date on which an entity initially recognizes the non-monetary asset or non-monetary liability arising from the payment or receipt of advance consideration. IFRIC 22 has been implemented by the Group as of January 1, 2018 and it has not generated an impact on the consolidated financial statements of the Group. ii. Amendments and Improvements Amendments and Improvements Mandatory Amendment to IFRS 2: Classification and Measurement of Share-based Payment Transactions Annual periods beginning on or after January 1, 2018 Amendment to IAS 40: Transfers of Investment Property Annual periods beginning on or after January 1, 2018 Annual Improvements to IFRS: Cycles 2014-2016 IFRS 1 and IAS 28 Annual periods beginning on or after January 1, 2018 · Classification and Measurement of Share-based Payment Transactions (Amendments to IFRS 2) The amendments to IFRS 2, Share-based Payment Transactions , developed through the IFRS Interpretations Committee, address the following issues: a) b) c) The amendments to IFRS 2, applied as of January 1, 2018, have not had any impact on the consolidated financial statements of the Group. · Transfers of Investment Property (Amendments to IAS 40) The amendments to IAS 40 Investment Property clarify that an entity shall transfer a property to, or from, investment property when, and only when, there is evidence of a change in use. A change of use occurs if property meets, or ceases to meet, the definition of investment property. A change in management’s intentions for the use of a property by itself does not constitute evidence of a change in use. The amendments shall be applied prospectively. The amendments to IAS 40, applied as of January 1, 2018, have not had any impact on the consolidated financial statements of the Group. · Annual Improvements to IFRS: Cycles 2014-2016 IAS 28 IAS 28 Investments in Associates and Joint Ventures clarifies that if an entity that is not itself an investment entity has an interest in an associate or joint venture that is an investment entity, it may choose to maintain the fair value measurement applied by its investment entity associate or joint venture. Application of these improvements is on a retrospective basis. The 2014-2016 annual improvements, applied as of January 1, 2018, have not had any material impact on the consolidated financial statements of the Group. b) Accounting pronouncements with application effective as of January 1, 2019 and thereafter: As of the date of issuance of these consolidated financial statements, the following accounting pronouncements had been issued by the IASB, but their application is not mandatorily effective: i. New Standards and Interpretations Amendments and Improvements Mandatory IFRS 16: Leases Annual periods beginning on or after January 1, 2019 IFRIC 23 Uncertainty over Income Tax Treatments Annual periods beginning on or after January 1, 2019 Conceptual Framework (Revised) Annual periods beginning on or after January 1, 2020 · IFRS 16 Leases In January 2016, the IASB issued IFRS 16 which establishes recognition, measurement, presentation and disclosure principles for lease agreements. IFRS 16 supersedes IAS 17 Leases and its interpretations: IFRIC 4 Determining whether an Arrangement contains a Lease , SIC-15 Operating Leases—Incentives and SIC-27 Evaluating the Substance of Transactions Involving the Legal Form of a Lease . The standard is effective for annual periods beginning on or after January 1, 2019. Although IFRS 16 substantially retains the definition of a lease in IAS 17, the main change is the incorporation of the “control” concept within the new definition. In relation to the accounting treatment for a lessee and a lessor, the new standard states the following: i) Lessee accounting: IFRS 16 requires lessees to account for all leases under a single model, similar to accounting for finance leases under IAS 17. As a result, at the date of commencement of a lease, the lessee will recognize on the statement of financial position a right to use asset and a lease liability for the future payments. Subsequent to initial recognition it will recognize in the statement of profit or loss the depreciation expense of the asset separately from the interest related to the liability. The standard provides two voluntary recognition exceptions for low-value leases and short-term leases. ii) Lessor accounting: does not change substantially from the current model of IAS 17. The lessor will continue to classify leases under the same principles of the current standard as operating or financial leases. The Group carried out an assessment of the potential impact of IFRS 16 on its consolidated financial statements. Conducting this assessment required the use of professional judgment and assumptions, which are summarized below: - Analysis of the lease contracts executed by the Group’s companies in order to identify if they are within the scope of the standard. This analysis included not only the contracts in which Enel Chile acts as a lessee, but also the contracts for the rendering of services and the contracts in which the Company acts as a lessor. - Analysis of lease contracts that could benefit from the exemption from application of this standard, because they are contracts with a maturity of less than 12 months or that have underlying assets of low individual value, such as: lease of certain office equipment (personal computers, printers and photocopiers) that are considered low value assets. - Estimate of the lease terms, based on the non-cancellable period and the periods covered by the renewal options, the exercise of which is in the power of Enel Chile and is considered reasonably certain. - Estimate of the discount rate to calculate the present value of the lease payments. This is equal to the incremental rate of the lessee’s loans when the interest rate implicit in the lease can not be easily determined. For the transition, the Group has used the incremental borrowing rate from January 2019, defined as the interest rate that the Group would have to pay to borrow over a similar term, and with a similar security, the funds necessary to obtain an asset of a value similar to the right-of-use asset in a similar economic environment. The implementation work also required a review of the processes and systems, including the internal control, in order to determine the most appropriate tool for the management of the information required for the application of the new standard, as well as the required disclosures in the consolidated financial statements. For the transition of the new standard, the Group has decided to apply the following practical expedients: - The Group decided not to re-evaluate if a contract is, or contains, a lease. Instead, it will apply the standard to contracts that were previously identified as leases by applying IAS 17 and IFRIC 4. Therefore, the Group will not apply the standard to contracts that were not previously identified as containing a lease. - The Group has determined that it will apply the modified retrospective transition method, whereby the restatement of comparative periods is not required and the cumulative effect of the initial application of the standard is presented as an adjustment to the opening balance of retained earnings (or another component of equity as applicable) on the date of initial application, recording the asset for the same value as the liability. - Trust in its assessment of whether leases are onerous by applying IAS 37 Provisions, Contingent Liabilities and Contingent Assets immediately before the date of initial application and adjust the right-of-use asset at the date of initial application for the amount of any provision for onerous leases recognized in the financial statements immediately before the date of initial application. The new Standard will have an impact on all Group entities that have lease contracts. The main issues that arise are those related to the lease of land, buildings and automobiles. As a result of the change of the accounting model for lessees, the Group expects an increase in non-current and current liabilities of approximately Ch$29,162 million as of January 1, 2019, for the recognition of future payment obligations of lease contracts. In accordance with the chosen transition model, an increase in non-current assets for an equal amount is also expected, resulting from the recognition of the rights of use arising from those contracts. · IFRIC 23 – Uncertainty over Income Tax Treatments In June 2017, the IASB issued IFRIC 23 to clarify the application of recognition and measurement requirements in IAS 12, Income Taxes , when there is uncertainty over income tax treatments. The Interpretation specifically addresses the following: whether an entity considers uncertain tax treatments separately; the assumptions an entity makes about the examin |
Accounting Policies.
Accounting Policies. | 12 Months Ended |
Dec. 31, 2018 | |
ACCOUNTING POLICIES. | |
Accounting Policies Applied | 3. ACCOUNTING POLICIES. The main accounting policies used in preparing the accompanying consolidated financial statements are the following: a) Property, plant and equipment Property, plant and equipment are measured at acquisition cost, net of accumulated depreciation and any impairment losses they may have experienced. In addition to the price paid to acquire each item, the cost also includes, where applicable, the following concepts: · Financing expenses accrued during the construction period that are directly attributable to the acquisition, construction, or production of qualified assets, which require a substantial period of time before being ready for use such as, for example, electricity generation or distribution facilities. The Group defines “substantial period” as one that exceeds twelve months. The interest rate used is that of the specific financing or, if none exists, the weighted average financing rate of the company carrying out the investment. (See Note 18.b.1). · Employee expenses directly related to construction in progress. (See Note 18.b.2). · Future disbursements that the Group will have to incur to close its facilities are added to the value of the asset at fair value, recognizing the corresponding provision for dismantling or restoration. The Group reviews its estimate of these future disbursements on an annual basis, increasing or decreasing the value of the asset based on the results of this estimate (See Note 25). Items for construction work in progress are transferred to operating assets once the testing period has been completed and they are available for use, at which time depreciation begins. Expansion, modernization or improvement costs that represent an increase in productivity, capacity or efficiency, or a longer useful life are capitalized as increasing the cost of the corresponding assets. The replacement or overhaul of entire components that increase the asset’s useful life or economic capacity are recorded as an increase in cost for the respective assets, derecognizing the replaced or overhauled components. Expenditures for periodic maintenance, conservation and repair are recognized directly as an expense for the year in which they are incurred. Property, plant and equipment, net of its residual value, is depreciated by distributing the cost of the different items that comprise it on a straight-line basis over its estimated useful life, which is the period during which the Group expects to use the assets. Useful life estimates and residual values are reviewed on an annual basis and if appropriate adjusted prospectively. The following table are the main categories of property, plant and equipment with their respective estimated useful lives: Categories of Property, plant and equipment Years of estimated Buildings 10 – 60 Plant and equipment 6 – 65 IT equipment 3 – 15 Fixtures and fittings 2 – 35 Motor vehicles 5 – 10 Additionally, the following table sets forth more details on the useful lives of plant and equipment items: Categories of Property, plant and equipment Years of estimated Generating facilities: Hydroelectric plants Civil engineering works 10 – 65 Electromechanical equipment 10 – 45 Fuel oil/coal-fired power plants 25 – 40 Combined cycle power plants 10 – 25 Renewable energy power plants 20 Transmission and distribution facilities: High-voltage network 10 – 60 Low- and medium-voltage network 10 – 50 Measuring and remote control equipment 10 – 50 Primary substations 6 – 25 Natural gas transport facilities Pipelines 20 Land is not depreciated since it has an indefinite useful life. Gains or losses that arise from the sale or disposal of items of Property, plant and equipment are recognized as “Other gains (losses)” in the comprehensive income statement and are calculated by deducting the net carrying amount of the asset and any sales expenses from the amount received in the sale. b) Investment property "Investment property" includes basically land and buildings that are kept for the purpose of obtaining profits in future sales or lease arrangements. Investment property is measured at acquisition cost, net of accumulated depreciation and any impairment losses they may have experienced. Investment properties, excluding land, are depreciated by distributing the cost of the various elements that make them up on a straight-line basis over the years of useful life. An investment property is derecognized on disposal, or when no future economic benefits are expected from use or disposal. Gains or losses that arise from the sale or disposal of items of investment property are recognized as “Other gains (losses)” in the comprehensive income statement and are calculated by deducting the net carrying amount of the asset and any sales costs from the consideration received in the sale.The breakdown of the fair value of investment property is detailed in Note 19. c) Goodwill Goodwill arising from business combinations, and reflected upon consolidation, represents the excess value of the consideration paid plus the amount of any non-controlling interests over the Group’s share of the net value of the assets acquired and liabilities assumed, measured at fair value at the acquisition date. If the accounting for a business combination is completed within the following year after the acquisition date, and so is the goodwill determination, the entity recognizes the corresponding adjustments to the provisional amounts as if the accounting for the business combination had been completed at the acquisition date. If the accounting for a business combination is completed within the following year after the acquisition date, and thus the goodwill determination as well, the entity recognizes the corresponding adjustments to the provisional amounts as if the accounting for the business combination had been completed at the acquisition date (See Note 2.7.1). Goodwill arising from acquisition of companies with functional currencies other than the Chilean peso is measured in the functional currency of the acquired company and translated to Chilean pesos using the exchange rate effective as of the date of the statement of financial position. Goodwill is not amortized; instead, at the end of each reporting period or when there are indicators that an impairment might have occurred, the Group estimates whether any impairment loss has reduced its recoverable amount to an amount less than the carrying amount and, if so, an impairment loss is immediately recognized in profit or loss (See Note 3.e). d) Intangible assets other than goodwill Intangible assets are initially recognized at their acquisition cost or production cost, and are subsequently measured at their cost, net of their accumulated amortization and impairment losses they may have experienced. Intangible assets are amortized on a straight line basis during their useful lives, starting from the date when they are ready for use, except for those with an indefinite useful life, which are not amortized. As of December 31, 2018 and 2017, there are no significant intangible assets with an indefinite useful life. An intangible asset is derecognized on disposal, or when no future economic benefits are expected from use or disposal. Gains or losses arising from derecognition of an intangible asset, measured as the difference between the net disposal proceeds and the carrying amount of the asset are recognized in profit or loss when the asset is derecognized. The criteria for recognizing these assets’ impairment losses and, if applicable, recovery of impairment losses recorded in previous periods are explained in Note 3.e below. d.1) Research and development expenses The Group recognizes the costs incurred in a project’s development phase as intangible assets in the statement of financial position as long as the project’s technical feasibility and future economic benefits have been demonstrated. Research costs are recorded as an expense in the consolidated statement of comprehensive income in the period in which they are incurred. d.2) Other intangible assets Other intangible assets correspond to computer software, water rights, and easements. They are initially recognized at acquisition or production cost and are subsequently measured at cost less accumulated amortization and impairment losses, if any. Computer software is amortized (on average) over four years. Certain easements and water rights have indefinite useful lives and, therefore, are not amortized. e) Impairment of non-financial assets During the year, and principally at the end of each reporting period, the Group evaluates whether there is any indication that an asset has been impaired. If any such indication exist, the Group estimates the recoverable amount of that asset to determine the amount of the impairment loss. In the case of identifiable assets that do not generate cash flows independently, the Group estimates the recoverable amount of the Cash Generating Unit (CGU) to which the asset belongs, which is understood to be the smallest identifiable group of assets that generates independent cash inflows. Notwithstanding the preceding paragraph, in the case of CGU’s to which goodwill or intangible assets with indefinite useful lives have been allocated, a recoverability analysis is performed routinely at each period end. Recoverable amount is the higher of fair value less costs of disposal and value in use, which is defined as the present value of the estimated future cash flows. In order to calculate the recoverable amount of Property, plant, and equipment, as well as of goodwill, and intangible assets, the Group uses value in use criteria in practically all cases. To estimate value in use, the Group prepares future pre-tax cash flow projections based on the most recent budgets available. These budgets incorporate management’s best estimates of a CGU’s revenue and costs using sector projections, past experience and future expectations. In general, these projections cover the next five years, estimating cash flows for subsequent years by applying reasonable growth rates which, in no case, are increasing rates nor exceed the average long-term growth rates for the particular sector and country in which the Group operates. As of December 31, 2018, the growth rate used to extrapolate the projections was 3.1%. Future cash flows are discounted to calculate their present value at a pre-tax rate that covers the cost of capital for the business activity and the geographic area in which it is being carried out. The time value of money and risk premiums generally used among analysts for the business activity and the geographic zone are taken into account to calculate the pre-tax rate. The minimum and maximum pre-tax discount rates applied in the period ended December 31, 2018 expressed in nominal terms were 6.9% and 11.0%, respectively. If the recoverable amount of the CGU is less than the net carrying amount of the asset, the corresponding impairment loss is recognized for the difference, and charged to “Reversal of impairment loss (impairment loss) recognized in profit or loss” in the consolidated statement of comprehensive income. The impairment is first allocated to the CGU’s goodwill carrying amount, if any, and then to the other assets comprising it, prorated on the basis of the carrying amount of each one, limited to its fair value less costs of disposal, or its value in use, a negative amount may not be obtained. Impairment losses recognized in prior periods for an asset other than goodwill are reversed, if and only if, there has been a change in the estimates used to determine the asset’s recoverable amount since the last impairment loss was recognized. If this is the case, the carrying amount of the asset is increased to its recoverable amount and crediting profit or loss, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognized for the asset. In the case of goodwill, impairment losses are not reversed. f) Leases In order to determine whether an arrangement is, or contains, a lease, the Group assesses the economic substance of the agreement, in order to determine whether fulfillment of the arrangement depends on the use of a specific asset and whether the agreement conveys the right to use an asset. If both conditions are met, at the inception of the arrangement the Group separates the payments and other considerations relating to the lease, at their fair values, from those corresponding to other components of the agreement. Leases that substantially transfer all the risks and rewards of ownership to the Group are classified as finance leases. All others leases are classified as operating leases. Finance leases in which the Group acts as a lessee are recognized at the inception of the arrangement. At that time, the Group records an asset based on the nature of the lease and a liability for the same amount, equal to the fair value of the leased asset or the present value of the minimum lease payments, if the latter is lower. Subsequently, the minimum lease payments are apportioned between finance expenses and reduction of the lease obligation. Finance expenses are recognized immediately in the income statement and allocated over the lease term, so as to achieve a constant interest rate on the remaining balance of the liability. Leased assets are depreciated on the same terms as other similar depreciable assets, as long as there is reasonable certainty that the lessee will acquire ownership of the asset at the end of the lease. If no such certainty exists, the leased assets are depreciated over the shorter of the useful lives of the assets and their lease term. In the case of operating leases, payments are recognized as an expense in the case of the lessee and as income in the case of the lessor, both on a straight-line basis, over the term of the lease unless another type of systematic basis of distribution is deemed more representative. g) Financial instruments Financial instruments are contracts that give rise to both a financial asset in one entity and a financial liability or equity instrument in another entity. g.1) Financial assets other than derivatives The Group classifies its non-derivative financial assets, whether permanent or temporary, excluding investments accounted for using the equity method (See Notes 3.i and 15) and non-current assets and disposal groups held for sale or distribution to owners, into three categories: · Amortized cost: This category includes the financial assets that meet the following conditions (i) the business model that supports it aims to maintain the financial assets to obtain the contractual cash flows, and (ii) the contractual terms of financial assets give rise on specific dates to cash flows that are solely payments of principal and interest (SPPI criterion). Financial assets that meet the conditions established in IFRS 9, to be valued at amortized cost in the Group are: accounts receivable, loans and cash equivalents. These assets are recorded at amortized cost, which is the initial fair value, less repayments of principal, plus uncollected accrued interest, calculated using the effective interest rate method. The effective interest rate method is a method of calculating the amortized cost of a financial asset or a financial liability (or a group of financial assets or financial liabilities) and allocating the finance income or financial expenses throughout the relevant period. The effective interest rate is the discount rate that exactly matches the estimated cash flows to be received or paid over the expected useful life of the financial instrument (or when appropriate in a shorter period of time), with the net carrying amount of the financial asset or financial liability. · Financial Assets Recorded at Fair Value through Other Comprehensive Income: This category includes the financial assets that the meet the following conditions: (i) they are classified in a business model, the purpose of which is to maintain the financial assets both to collect the contractual cash flows and to sell them, and (ii) the contractual conditions comply with the SPPI criterion. These investments are recognized in the consolidated statement of financial position at fair value when it is possible to determine reliably. In the case of holdings in unlisted companies or companies with low liquidity, it is usually not possible to determine the fair value reliably. Therefore, when this circumstance occurs, such holdings are valued at their acquisition cost or for a lower amount if there is evidence of their impairment. Changes in fair value, net of their tax effect, are recorded in the consolidated statement of comprehensive income: Other comprehensive income, until such time as the disposal of these investments takes place, at which time the accumulated amount in this section is fully posted in the profit or loss for the period. In the event that the fair value is lower than the acquisition cost, if there is objective evidence that the asset has suffered an impairment that can not be considered as temporary, the difference is recorded directly in the losses for the period · Financial Assets Recorded At Fair Value through Profit or Loss: This category includes the trading portfolio of the financial assets that have been allocated as such upon their initial recognition and which are administered and assessed according to the fair value criterion, and the financial assets that do not meet the conditions to be classified in the two above categories. They are valued at fair value in the consolidated statement of financial position and any changes in value are recorded directly in profit or loss when they occur. g.2) Cash and cash equivalents This item within the consolidated statement of financial position includes cash and bank balances, time deposits, and other highly liquid investments (with original maturity of less than or equal to 90 days) that are readily convertible to cash and are subject to insignificant risk of changes in value. g.3) Impairment of financial assets Under IFRS 9, the Group applies an impairment model based on expected credit losses. The new impairment model is applied to financial assets measured at amortized cost and those measured at fair value through other comprehensive income, except for investments in equity instruments. Under IFRS 9, the allowance for impairment losses are measured based on: - - The Group applies a simplified approach for trade receivables, contract assets and lease receivables so that the impairment is always recognized in reference to the lifetime expected credit losses for the asset. Based on the reference market and the regulatory context of the sector, as well as the recovery expectations after 90 days, for such accounts receivable, the Group mainly applies a predetermined definition of 180 days to determine the expected credit losses, since this is considered an effective indicator of a significant increase in credit risk. Therefore, financial assets with an aging of more than 90 days are generally not considered to be in default. g.4) Financial liabilities other than derivatives Financial liabilities are recognized based on cash received, net of any costs incurred in the transaction. In subsequent periods, these obligations are measured at their amortized cost using the effective interest rate method (see Note 3.g.1). In the particular case that a liability is the hedged item in a fair value hedge, as an exception, such liability is measured at its fair value for the portion of the hedged risk. In order to calculate the fair value of debt, both when it is recorded in the statement of financial position and for fair value disclosure purposes as shown in Note 22, debt has been divided into fixed interest rate debt (hereinafter “fixed-rate debt”) and variable interest rate debt (hereinafter “floating-rate debt”). Fixed-rate debt is that on which fixed-interest coupons established at the beginning of the transaction are paid explicitly or implicitly over its term. Floating-rate debt is that debt issued at a variable interest rate, i.e., each coupon is established at the beginning of each period based on the reference interest rate. All debt has been measured by discounting expected future cash flows with a market interest rate curve based on the payment currency. g.5) Derivative financial instruments and hedge accounting Derivatives held by the Group are transactions entered into to hedge interest and/or exchange rate risk, intended to eliminate or significantly reduce these risks in the underlying transactions being hedged. Derivatives are recorded at fair value at the end of each reporting period as follows: if their fair value is positive, they are recorded within “Other financial assets”; and if their fair value is negative, they are recorded within “Other financial liabilities.” For derivatives on commodities, the positive fair value is recorded in “Trade and other receivables,” and negative fair values are recorded in “Trade and other liabilities.” Changes in fair value are recognized directly in profit or loss, except when the derivative has been designated for hedge accounting purposes as a hedge instrument (in a cash flow hedge) and all of the conditions for applying hedge accounting established by IFRS are met, including that the hedge be highly effective. In this case, changes are recognized as follows: · Fair value hedges: The underlying portion for which the risk is being hedged (hedged risk) and the hedge instrument are measured at fair value, and any changes in value of both items are recognized in the statement of comprehensive income by offsetting the effects in the same comprehensive income statement account. · Cash flow hedges: Changes in the fair value of the effective portion of the hedged item and hedge instrument are recognized in other comprehensive income and accumulated in an equity reserve known as “Reserve for cash flow hedges”. The cumulative loss or gain in this reserve is transferred to the consolidated statement of comprehensive income to the extent that the hedged item impacts the consolidated statement of comprehensive income offsetting the effect in the same comprehensive income statement account. Gains or losses from the ineffective portion of the hedge relationship are recognized directly in the statement of comprehensive income. · Hedge accounting is discontinued only when the hedging relationship (or a part of the relationship) fails to meet the required criteria, after making any rebalancing of the hedging relationship, if applicable. If it is not possible to continue the hedging relationship, including when the hedging instrument expires, is sold, settled or exercised, any gain or loss accumulated in equity at that date remains in equity until the projected transaction affects the statement of comprehensive. When a projected transaction is no longer expected to occur, the gain or loss accumulated in equity is immediately transferred to the income statement. As a general rule, long-term commodity purchases or sales agreements are recognized in the statement of financial position at their fair value at the end of each reporting period, recognizing any differences in value directly in profit or loss, except for, when all of the following conditions are met: · The sole purpose of the agreement is for its own use, which is understood as: (i) in the case of fuel purchase agreements such use is to generate electricity; (ii) in the case of electrical energy purchased for sale, its sale is to the end-customers; and (iii) in the case of electricity sales its sale is to the end-customers. · The Group’s future projections evidence the existence of these agreements for own use. · Past experience with agreements evidence that they are “own use” agreements, except in certain isolated cases when for exceptional reasons or reasons associated with logistical issues, they have been used for other purposes beyond the control and expectations of the Group. · The agreement does not stipulate net settlement and the parties have not made it a practice to net settle similar contracts in the past. The long-term commodity purchase or sale agreements maintained by the Group, which are mainly for electricity, fuel, and other supplies, meet the conditions described above. Thus, the purpose of fuel purchase agreements is to use them to generate electricity, electricity purchase contracts are used to sell to end-customers, and electricity sale contracts are used to sell the Group’s own products. The Group also evaluates the existence of derivatives embedded in contracts or financial instruments to determine if their characteristics and risk are closely related to the host contract, provided that when taken as a whole they are not being accounted for at fair value. If they are not closely related, they are recorded separately and changes in value are accounted for directly in the statement of comprehensive income. g.6) Derecognition of financial assets and liabilities Financial assets are derecognized when: · The contractual rights to receive cash flows from the financial asset expire or have been transferred or, if the contractual rights are retained, the Group has assumed a contractual obligation to pay these cash flows to one or more recipients. · The Group has substantially transferred all the risks and rewards of ownership of the financial asset, or, if it has neither transferred nor retained substantially all the risks and rewards, when it does not retain control of the financial asset. Transactions in which the Group retains substantially all the inherent risks and rewards of ownership of the transferred asset, it continues recognizing the transferred asset in its entirety and recognizes a financial liability for the consideration received. Transactions costs are recognized in profit and loss by using the effective interest method (See Note 3.g.1). Financial liabilities are derecognized when they are extinguished, that is, when the obligation arising from the liability has been paid or cancelled, or has expired. g.7) Offsetting financial assets and liabilities The Group offsets financial assets and liabilities and the net amount is presented in the statement of financial position only when: - there is a legally binding right to offset the recognized amounts; and - the Company intends to settle them on a net basis, or to realize the asset and settle the liability simultaneously. The right of offset may only be legally enforceable in the normal course of business, or in the event of default, or in the event of insolvency or bankruptcy, of one or all of the counterparties. g.8) Financial guarantee contracts The financial guarantee contracts, defined as the guarantees issued by the Group to third parties, are initially measured at their fair value, adjusted for transaction costs that are directly attributable to the issuance of the guarantee. Subsequently to initial recognition, financial guarantee contracts are recognized at the higher of: · the amount of the liability determined in accordance with the accounting policy in Note 3.m; and · the amount of the asset initially recognized less, if appropriate, any accumulate amortization recognized in accordance with the revenue recognition policies described in Note 3.q. h) Measurement of fair value The fair value of an asset or liability is defined as the price that would be received from the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value measurement assumes that the transaction to sell an asset or transfer a liability occurs in the principal market, namely, the market with the greatest volume and level of activity for that asset or liability. In the absence of a principal market, it is assumed that the transaction is carried out in the most advantageous market available to the entity, namely, the market that maximizes the amount that would be received to sell the asset or minimizes the amount that would be paid to transfer the liability. In estimating fair value, the Group uses valuation techniques that are appropriate for the circumstances and for which there is sufficient data to perform the measurement where it maximizes the use of relevant observable data and minimizes the use of unobservable data. Given the hierarchy explained below, data used in the valuation techniques, assets and liabilities measured at fair value can be classified at the following levels: · Level 1 : Quoted prices (unadjusted) in active markets for identical assets or liabilities; · Level 2 : Inputs other than quoted prices included within Level 1 that are observable for the assets or liabilities, either directly (i.e. as prices) or indirectly (i.e. derived from prices). The methods and assumptions used to determine the fair values at Level 2 by type of financial assets or financial liabilities take into consideration estimated future cash flows discounted at market rates. Future cash flows for financial assets and financial liabilities are discounted with the zero coupon interest rate curves for each currency (these valuations are carried out using external tools such as Bloomberg); and · Level 3 : Inputs for assets or liabilities that are not based on observable market data (unobservable inputs). The Group takes into account the characteristics of the asset or liability when measuring fair value, in particular: - For non-financial assets, fair value measurement takes into account the ability of a market participant to generate economic benefits by using the asset in its highest and best use or by selling it to another market participant that would use the asset at its highest and best use; - For liabilities and equity instruments, the fair value measurement assumes that the liability would not be settled and an equity instrument would not be cancelled or otherwise extinguished on the measurement date. The fair value of the liability reflects the effect of non-performance risk, namely, the risk that an entity will not fulfill the obligation, which includes but is not limited to, the Company’s own credit risk; - For derivatives not traded on active markets, the fair value is determined by using the discounted cash flow method and generally accepted options valuation models, based on current and future market conditions as of the close of the financial statements. This methodology also adjusts the value based on the Company’s own credit risk (Debt Valuation Adjustment, DVA), and the counterparty risk (Credit Valuation Adjustment, CVA). These CVA and DVA adjustments are measured on the basis of the potential future exposure of the instrument (creditor or borrower position) and the risk profile of both the counterparties and the Group itself. - For financial assets and financial liabilities with offsetting positions in market risks or counterparty credit risks, it is permitted to measure the fair value on a net basis. However, this must be consistent with the manner in which market participants would price the net risk exposure at the measurement date. Financial assets and liabilities measured at fair value are shown in Note 23.3. i) Investments accounted for using the equity method The Group’s interests in joint ventures and associates are recognized using the equity method. Under the equity method, an investment in an associate or joint venture is initially recognized at cost. As of the acquisition date, the investment is recognized in the statement of financial position based on the share of its equity that the Group’s interest represents in its capital, adjusted for, if appropriate, the effect of transactions with the Group plus any goodwill generated in acquiring the company. If the resulting amount is negative, zero is recorded for that investment in the statement of financial position, unless the Group has a present obligation (either legal or constructive) to support the investee’s negative equity situation, in which case a provision is recognized. Goodwill from the associate or joint venture is included in the carrying amount of the investment. It is not amortized but is subject to impairment testing as part of the overall investment carrying amount when there are indicators of impairment. Dividends received from these investments are deducted from the carrying amount of the investment, and any profit or loss obtained from them to which the Group is entitled based on its ownership interest is recognized under “Share of profit (loss) of associates accounted for using equity method.” The companies classified as “Assoc |
Sector Regulation and Electrici
Sector Regulation and Electricity System Operations | 12 Months Ended |
Dec. 31, 2018 | |
SECTOR REGULATION AND ELECTRICITY SYSTEM OPERATIONS | |
Disclosure Of Sector Regulations And Electricity System Operations Explanatory | 4. SECTOR REGULATION AND ELECTRICITY SYSTEM OPERATIONS. a) Regulatory framework: The electricity sector is regulated by the General Law of Electrical Services No. 20,018 (Chilean Electricity Law), also known as DFL No. 1 of 1982, of the Ministry of Mining, whose compiled and coordinated text was established in DFL No. 4 issued in 2006 by the Ministry of Economy (the Electricity Law), as well as by an associated Regulation (D.S. No. 327 issued in 1998). Three government bodies are primarily responsible for enforcing this law: the National Energy Commission (CNE in its Spanish acronym), which has the authority to propose regulated tariffs (node prices) and to draw up indicative plans for the construction of new generating units; the Superintendency of Electricity and Fuels (SEF), which supervises and oversees compliance with the laws, regulations, and technical standards that govern the generation, transmission, and distribution of electricity, as well as liquid fuels, and gas; and the Ministry of Energy, which is responsible for proposing and guiding public policies on energy matters. It also oversees the SEF, the CNE, and the Chilean Commission for Nuclear Energy (CChEN in its Spanish acronym), thus strengthening coordination and allowing for an integrated view of the energy sector. The Ministry of Energy also includes the Agency for Energy Efficiency and the National Center for Innovation and Development of Sustainable Energy ( Centro Nacional para la Innovación y Fomento de las Energías Sustentables, or CIFES). The Chilean Electricity Law has also established a Panel of Experts whose main task is to resolve potential discrepancies among the participants in the electricity market, including electricity companies, system operators, regulators, etc. From a physical point of view, the Chilean power sector is divided into three electrical grids: the Sistema Electrico Nacional (SEN) and two separate medium-size grids in southern Chile, one in Aysén and the other in Magallanes. The SEN was incoroporated in November 2017 through the interconnection of the Sistema Interconectado Central (SIC) and the Sistema Interconectado del Norte Grande (SING). Prior to the interconnection, the SIC was the main electrical grid, running 2,400 km. longitudinally and connecting the country from Taltal in the north, to Quellón on the island of Chiloé in the south. On the other hand, the SING covered the northern part of the country, from Arica down to Coloso, covering a length of about 700 km. The electricity industry is organized into three business activities: generation, transmission, and distribution, all operating in an interconnected and coordinated manner, and whose main purpose is to supply electrical energy to the market at minimum cost while maintaining the quality and safety service standards required by the electrical regulations. As essential services, the power transmission and distribution businesses are natural monopolies; these segments are regulated as such by the Electricity Law, which requires free access to networks and regulates tariffs. Under the Chilean Electricity Law, the electricity market coordinates their operations through a centralizing operating agent, the Coordinador Eléctrico Nacional (CISEN), in order to operate the system at minimum cost while maintaining reliable service, and the SEN . The CISEN plans and operates the systems, including the calculation of the so-called “marginal cost,” which is the price assigned to energy transfers among power generating companies. Consumers are classified according to the size of their demand in regulated or free clients. Regulated customers are those customers who have a connected capacity of less than 5,000 kW. Without prejudice to this, customers with power connected between 500 kW and 5,000 kW may opt for a free or regulated rate regime. Limits on integration and concentration Chile has legislation in effect that defends free competition and, together with specific regulations that apply to the electricity market, defines criteria to avoid certain levels of economic concentration and/or abusive market practices. In principle, the regulator allows the participation of companies in different activities (e.g. generation, distribution, and commercialization) as long as there is an adequate separation of each activity, for both accounting and company purposes. Nevertheless, most of the restrictions imposed involve the transmission sector mainly due to its nature and to the need to guarantee adequate access to all agents. The Chilean Electricity Law establishes limits for participation of generation or distribution companies in the Trunk Transmission Systems, and prohibits participation of Trunk Transmission Systems’ companies in the generation and distribution segment. a.1 Generation Segment Generation companies must comply with the operation plan of the CISEN. However, each generation company is free to decide whether to sell its energy to regulated or unregulated customers. Any surplus or deficit between a company’s sales to its customers and its energy supply is sold to, or purchased from, other generators at the spot market price. A generation company may have the following types of customers: (i) Unregulated customers: Those customers, mainly industrial and mining companies, with a connected capacity higher than 5,000 kW. These customers can freely negotiate prices for electrical supply with generators and/or distributors. Those customers with connected capacity between 500 and 5,000 kW have the option to contract energy at prices agreed upon with their suppliers or be subject to regulated prices, with a minimum term of at least four years under each pricing system. (ii) Distribution companies that supply power to regulated customers: Participation in public tenders regulated by the CNE for the supply to their unregulated customers through bilateral contracts. (iii) Spot market: This represents energy and capacity transactions among generating companies that result from the CISEN’s coordination to keep the system running as economically as possible, where the surpluses (deficits) between a generator’s energy supply and the energy it needs to comply with business commitments are transferred through sales (purchases) to (from) other generators in the CISEN. In the case of energy, transfers are valued at the marginal cost, while node prices for capacity are set every semester by the regulators. In Chile, the capacity that must be paid to each generator depends on an annual calculation performed by the CISEN to determine the sufficiency capacity of each power plant, which is not the same as the dispatched capacity. Non-Conventional Renewable Energy Law No. 20,257 was enacted in April of 2008 to encourage the use of Non-Conventional Renewable Energy (NCRE). The principal aspect of this law is that at least 5% of the energy sold by generation companies to their customers must come from renewable sources between years 2010 and 2014. This requirement progressively increases by 0.5% from 2015 until 2024, when a 10% renewable energy requirement will be reached. This law was amended in 2013 by Law No. 20,698, dubbed the “20/25 law,” as it establishes that by 2025, 20% of energy supplied will be generated by NCRE. It does not change the previous law’s plan for supplying energy under agreements in effect in July 2013. a.2 Transmission Segment The transmission segment is comprised of a combination of lines, substations and equipment for the transmission of electricity from the production points (generators) to the centers of consumption or distribution, which do not correspond to distribution facilities. The transmission segment is divided into National Transmission System, Development Poles Transmission System, Zonal Transmission System and Dedicated Transmission System. The International Interconnection Systems, which are governed by special rules, are also part of the transmission segment. The transmission system is open access, and transmission companies may impose rights of way over the available transmission capacity under non-discriminatory conditions. The fees of the existing facilities of the National and Zonal Transmission Systems is determined through a tariff setting process that is carried out every four years. In that process, the Annual Value of the Transmission is determined, which comprises efficient operation and maintenance costs and the annuity of the investment value, determined on the basis of a discount rate fixed by the authority on a quarterly basis (minimum 7% after tax) and the economic useful life of the facilities. The planning of the National and Zonal Transmission Systems a regulated and centralized process, in which the CISEN annually issues an expansion plan, which must be approved by the CNE. The expansions of both systems are carried out through open tenders, distinguishing between new projects (with tenders open to any bidder) and expansion of existing facilities projects (participation in the expansion corresponds to the original facilities owners under modification). Both types of tenders are managed by the Coordinator.The bids correspond to the value resulting from the tender, which constitutes the revenues for the first 20 years from the start of operation. As of the year 21, the fees of such transmission facilities are determined as if they were existing facilities. The current regulations define that the transmission is remunerated by the sum of the tariff revenues and the collection of a single charge for the use of the transmission system. This charge is defined (Ch$ / kWh) by the CNE, on a half-yearly basis. a.3 Distribution segment The distribution segment is defined for regulatory purposes as all electricity supplied to end customers at a voltage no higher than 23 kV. Distribution companies operate under a distribution public utility concession regime, with service obligations and regulated tariffs for supplying regulated customers. Customers are classified based on their demand as regulated and unregulated. Regulated customers are those with connected capacity of more than 5,000 kW. Customers with connected capacity between 500 kW and 5,000 kW can choose either a regulated or an unregulated regime. Distribution companies can supply both regulated customers, under supply conditions regulated by the Law, and unregulated customers, whose supply conditions are freely negotiated and agreed in bilateral contracts with energy suppliers (generation or distribution companies). Regarding price regulation, the Law establishes that distribution companies must permanently have available energy supply, on the basis of open, non-discriminatory and transparent public tenders. These bidding processes are managed by the CNE and are carried out at least five years in advance. The result of the process is a “pay as bid” contract, with an extension up to 20 years. In case of unforeseen deviations in the projections of demand, the regulator has the authority to carry out short-term tenders. In addition, a reimbursement mechanism exists allowing supply without contract and regulating corresponding tariffs. The tariffs are set every four years in order to determine the distribution value added (“VAD”) as a result of model companies cost studies, composed of fixed costs, average energy and capacity losses and standard distribution costs. Both the CNE and the distribution companies grouped by typical areas engage independent consultants for these studies. The VAD is obtained by weighting the results of the study received by the CNE and the companies with a ratio of 2:3 and 1:3, respectively. Based on this result, the CNE structures basic tariffs and verifies that the aggregate profitability of the industry is within the established range of 10% with a margin of ± 4%. Additionally, every four years a review of services associated with the calculation of VAD is carried out, which do not represent energy supply and which the Free Competition Court qualifies as subject to tariff regulation. The Chilean distribution tariff model is a consolidated model, which already had eight cycles of tariff settings since the enactment of the General Electric Services Law in 1982. b) Regulatory Developments in 2018 CNE 2018 Regulatory Plan By means of Exempt Resolution No. 20 dated January 12, 2018, in accordance with the provisions of Article 72-19 of the General Electric Services Law, CNE published its Annual Work Plan for the preparation of the technical regulations for 2018. The document defines the general guidelines and the programmatic priorities of the CNE's. Work Plan 2018 and the pending regulatory procedures of the 2017 Plan, the preparation of which will continue being performed during 2018. CNE 2019 Regulatory Plan By means of Exempt Resolution No. 790 dated December 10, 2018, in accordance with the provisions of Article 72-19 of the General Electric Services Law, CNE published its Annual Work Plan for the preparation of the technical regulations for 2019. The document defines the general guidelines and the program priorities of the CNE's Regulatory Work Plan 2019 and the pending regulatory procedures of the 2018 Plan, the preparation of which will continue being performed during 2019. Regulations Published in 2018 Panel of Experts Regulations On January 5, 2018, the Chilean Department of Energy published new Regulations for the Panel of Experts in the Official Gazette. The purpose of these regulations is to establish provisions for the operation, financing and competencies of the Panel of Experts, as well as the procedures necessary for the proper performance of its functions. Regulations of the Electrical Coordinator On April 3, 2018, the Chilean Department of Energy approved the Regulations of the Independent Coordinator of the National Electricity System. The purpose of these regulations is to establish provisions for the organization, composition and operation of the Independent Coordinator of the National Electricity System, as well as the procedures necessary for the proper performance of its functions. Safety Regulations of Complementary Services, Storage and Distribution of Electric Power On June 12, 2018, the Chilean Department of Energy approved the Safety Regulations for Electrical Facilities for the production, transportation, provision of complementary services, storage systems and distribution of electric power. 2017 Expansion Plan - Transmission On December 29, 2017, the regulator, by means of CNE Exempt Resolution No. 770, issued the Preliminary Technical Report of the 2017 Transmission Expansion Plan. In accordance with the stages included in the law, the persons concerned (duly registered in the citizen participation register) made the responsive observations. Having evaluated the observations, by means of Exempt Resolution No. 163 dated February 27, 2018, the CNE approved the Final Technical Report of the 2017 Annual Transmission Expansion Plan. The persons concerned filed their discrepancies before Panel of Experts in a Public Hearing. Complying with all the stages of the process, on November 8, 2018, the Chilean Department of Energy published the Expansion Plan for 2017, establishing the Expansion Works of the National and Zonal Transmission Systems that must start their Tender process in the next twelve months. 2018 Transmission Expansion Plan Within the framework of the Annual Transmission Planning process for 2018, the CNE invited all the persons concerned to participate in the stage of submitting proposals for Transmission Expansion projects until April 30, 2018, in accordance with the the provisions of Article 91 of the Electricity Law. The summons states that the proposals can be submitted no later than April 30, 2018. Following the stages of the process, on November 14, 2018 the CNE published the Preliminary Technical Report that contains the Annual Transmission Expansion Plan for 2018. Energy Planning 2018-2022 By means of publication in the Official Gazette, dated April 10, 2018, the Chilean Department of Energy approved the Long Term Energy Planning for the period 2018-2020. This is the first energy planning process carried out in accordance with the provisions introduced by Law 20,936. This plan, which is non-binding, must be carried out every 5 years, in accordance with Article 83 of the Electricity Law. Law No. 21,076 Obligations on Removal and Replacement of Junction and Meter On February 27, 2018, Law 21,076 was published in the Official Gazette amending the Electricity Law, with the purpose to impose on the distribution company, the obligation to solve the removal and replacement of the junction and meter in the event of desablement of the facilities due to overwhelming force. The sole article of this Law and its transients indicates that the junction and meter are part of the distribution network and that the ownership would modify to the extent of the change of these facilities, according to the requirements of the electrical network. Fee estudies in accordance with article 187 of Electric Law On October 6, 2017, the CNE issues CNE Exempt Resolution No. 560, which approves a unanimous agreement to carry out a New Fees Study in accordance with article 187, final part of the Electricity Law, signed between the CNE and the concessionary companies of public distribution service. In this context, in December 2017, the CNE requested the distribution companies the investment plans and costs necessary to comply with the Technical Standard of Service Quality for Distribution Systems (approved by CNE Exempt Resolution No. 706, dated December 7, 2017) not recognized in the current electricity supply rates (Supreme Decree No. 11T of 2016 of the Ministry of Energy). On September 28, 2018, the Ministry of Energy published in the Official Gazette the Decree No. 5T, that updates Decree No. 11T of 2016 of the Ministry of Energy and, therefore, updates the tariffs for the electricity distribution segment. These new pricing conditions would be in force the next tariff fixing process and its issuance initiates the effects of the Technical Standard of Quality of Service for Distribution Systems, indicated in the preceding paragraph. Law 21.118 - Normative Framework Amendments for Residential Generators On November 17, 2018, Law 21,118 was published in Official Gazette modifying the Electricity Law in order to encourage the development of residential generators. Among the main changes introduced by this law, the increase in the maximum capacity of residential generation equipment for a mechanism of 100 kW to 300 kW. c. Tariff Revisions: c.1 Distribution Tariff Setting The process of setting tariffs for the four-year period 2016-2020 ended on August 24, 2017 with the publication of the Decree No. 11T in the Official Gazette. This decree established tariff formulas at the distribution level, and was effective as of November 4, 2016. Decree No. 5T of the Ministry of Energy became effective on September 28, 2018. This decree updated Decree No. 11T of 2016 of the Chilean Department of Energy. Therefore, it updated tariffs for the electricity distribution segment in effect until the next tariff setting. The tariffs applied in 2017 and 2018 to end customers were determined based on the following decrees and resolutions: i. Decree No. 1T published in the Official Gazette on April 2, 2013, set the tariff formulas applicable to regulated customers. Tariffs were retroactively applied with a start date of November 4, 2012 until November 3, 2016. ii. Decree No. 11T published in the Official Gazette on August 24, 2017, set the tariff indexation formulas applicable to energy supplies subject to regulated prices. Tariffs were retroactively applied from November 4, 2016. iii. Decree No. 5T, which sets tariff formulas applicable to electricity supplies subject to regulated prices listed in Decree No. 11T dated 2016 of the Ministry of Energy, published in the Official Gazette on September 28, 2018 and which is effective from its publication date until November 3, 2020. iv. Decree No. 14 published in the Official Gazette on April 9, 2013, set the tariffs and indexation formulas applicable to the subtransmission and additional transmission systems. Tariffs were retroactively applied with a start date of January 1, 2011 until December 31, 2015. Decree 7T, published in the Official Gazette on April 22, 2015, extends its validity until December 31, 2015. v. Decree No. 6T, which fixes Annual Value per Tranche of the Zonal and Dedicated Transmission Facilities used by users subject to price regulation, their rates and Indexing formulas for the two-year period 2018-2019, published by the Chilean Department of Energy in the Journal Official on October 5, 2018, which in effect from January 1, 2018 to December 31, 2019. vi. Price Decrees Node Average prices: On September 1, 2016, the Ministry of Energy published in the Official Gazette, Decree No. 9T, setting the node prices for energy supply as part of Law No. 20,928 on Tariff Equality in relation to the Domestic Generation Acknowledgement, retroactively applied from August 1, 2016. On October 10, 2017, the Ministry of Energy published in the Official Gazette, Decree No. 12T, setting the node prices for energy supply and the adjustments and surcharges from applying the Residential Rate Equality Mechanism, retroactively applied from January 1, 2017. On October 10, 2017, the Ministry of Energy published in the Official Gazette Decree No. 3T, setting the node prices for energy supply and the adjustments and surcharges from applying the Residential Rate Equality Mechanism, retroactively applied from July 1, 2017. The Chilean Department of Energy published Decree No. 12T in the Official Gazette on March 24, 2018. This decree fixed node prices for electricity supplies and set adjustments and surcharges for the application of the Residential Tariff Equality Mechanism, with retroactive effect as of January 1, 2018. The Chilean Department of Energy published Decree No. 7T in the Official Gazette on September 28, 2018. This decree fixed node prices for electricity supplies and set adjustments and surcharges for the application of the Residential Tariff Equality Mechanism, with retroactiveeffect as of July 1, 2018. Short-term node prices: On July 2, 2016, the Ministry of Energy published in the Official Gazette, Decree No. 5T, setting the short-term node prices for energy supply, retroactively applied from May 1, 2016. On August 26, 2017, the Ministry of Energy published in the Official Gazette, Decree No. 2T, setting short-term node prices for energy supply, retroactively applied from April 1, 2017. The Chilean Department of Energy published Decree 5T in the Official Gazette on January 25, 2018. This decree fixed node prices for electricity supplies with retroactive effect as of October 1, 2017. The Chilean Department of Energy published Decree 1T on June 28, 2018. This decree fixed node prices for electricity supplies with retroactive effect as of April 1, 2018 c.2 Setting of Service Tariffs Associated with Distribution At the end of 2015, the CNE published Exempt Resolution No. 699 that informed, among others, the bases for the "Studies of Costs of Services Associated with the Supply of Distribution Electricity", during the process of setting distribution tariffs 2016-2020. These bases incorporate five new services, including the "Execution or installation of temporary connections" and the "Rental of temporary connections". The "Final Report of the Study of Cost of Services Associated with Distribution Electricity Supply" was published on January 20, 2017. Following the established process, Enel Distribución submitted its observations to the study. Subsequently, by means of Exempt Resolution No. 213 dated April 27, 2017, the CNE approved the Technical Report "Setting of Tariff Formulas for Non-Consistent Services in Energy Supply, Associated with the Distribution of Electricity". Following the stages of the process, Enel Distribución submitted its discrepancies to the Technical Report. The Chilean Department of Energy published Decree No. 13T in the Official Gazette on July 24, 2018. This decree established prices for Non-Consistent Services in Energy Supplies associated with electricity distribution. These prices have been in force since the publication of the aforementioned decree and they are in effect to date. c.3 Subtransmission Tariff Setting On July 20, 2016, Law No. 20,936 was publish, setting the new regulatory framework for all electric energy transmission systems, making changes to the tariff process in all transmission sector. Also, the sector named “Subtransmission” was renamed to “Zonal Transmission”. The Zonal Transmission tariffs are set every four years. However, before publishing Law No. 20.936, the tariff period for Substansmission had been extended, as follows: " On January 29, 2015, Law No. 20,805 was published in the Official Gazette, which, among other matters, it entitles the Ministry of Energy to extend in one more year the effective date of Decree CNE No. 14 of 2012 (“Decree No.14”), which set the subtransmission tariffs for the 2011 – 2014 period (i.e., such decree would be effective for the 2011 – 2015 period), and also to extend in one more year the effective date of the tariff setting process for the period 2015 – 2018 (i.e., 2016 – 2019). " On April 22, 2015, the Ministry of Energy published in the Official Gazette, Decree No. 7T, extending the effective date of the subtransmission tariff decree and expressly stating that the tariffs will be applied beginning on January 1, 2016. Notwithstanding, in accordance with Article No. 11 of the transitory provisions of Law No. 20,936/2016, the effective date under Decree No. 14 of 2012, was extended to December 31, 2017. In relation to the 2016 – 2017 tariff period, on December 29, 2016 it was published Exempted Resolution No. 940, which defined the necessary adjustments to Decree No. 14 to extend its effective date for the years 2016 and 2017. The main adjustment is related to exempt generating power plants from payment for using the Zonal Transmission systems. The 2016 – 2019 tariff setting process will continue is progress, and in accordance with Article No. 11 of the transitory provisions of Law No. 20,936, the results will be used for the tariffs to be applied to the 2018 – 2019 period. On February 10, 2017, the CNE issued Exempted Resolution No. 83, which contained the “Preliminary Technical Report on Determination of the Annual Value of the Zonal Transmission and Dedicated Transmission Systems for the 2018-2019 period”. Enel Distribución, made comments to the report, and the final technical report was issued on March 28, 2017. Following the process steps, Enel Distribución Chile communicated its discrepancies with the final technical report. On May 19, 2017, it was carried out a Public Hearing at which Enel Distribución and other interested parties presented their discrepancies to an Expert Panel. The Chilean Department of Energy published Decree No. 6T on October 5, 2018. This decree set annual value per tranche of the zonal and dedicated transmission facilities used by users subject to price regulation, their tariffs and indexation formulas for the two-year period 2018-2019. c.4 Transmission Tariff Setting 2020‑2023 In the framework of the process of Transmission Tariff Setting 2020-2023, the processes of Qualification of Facilities of the Transmission Systems, Setting of Useful Life of the Transmission Facilities and definition of the Technical and Administrative Bases for the Study of Valuation of Transmission Facilities are in progress. In this context, for the purposes of the Qualification Process of Transmission System Facilities for the period 2020-2023, the Regulator, by means of CNE Exempt Resolution No. 771 (December 29, 2017), issued the preliminary technical report defining which transmission facilities correspond to each segment (National, Zonal and Dedicated). The persons concerned (duly registered in the citizen participation register) made observations on this report during the first days of January 2018. Subsequently, the CNE issued the Final Technical Report by means of Exempt Resolution No. 123 dated February 13, 2018. Following the stages established by the regulations, the persons concerned will submit their discrepancies before the Panel of Experts at a public hearing. In this process, within the framework of the analysis and study of the discrepancies presented, the Panel of Experts requested additional information from the CNE. As a result of this request, the CNE identified inconsistencies in the application of the methodology for the qualification of facilities. Therefore, it started an administrative procedure of invalidation of said process. In this context, on September 4, 2018, the CNE published Exempt Resolution No. 613, by means of which it invalidated the steps already carried out in the referred process, referring it rather to the publication of the preliminary technical report. Thus, on October 5, 2018, CNE published a new Preliminary Technical Report by means of Exempt Resolution No. 673, which received the observations of the persons concerned registered in the process. Subsequently, on November 21, 2018, the CNE by means of Exempt Resolution No. 761 issued the Final Technical Report on Facilities Qualification of the Transmission Systems for the period 2020-2023. Following the stages of the process, the persons concerned may submit their discrepancies before Panel of Experts. Also, for the purposes of the process of Setting of Useful Life of the Transmission Facilities, the CNE by means of Exempt Resolution No. 212 of March 15, 2018, issued a Preliminary Report. The persons concerned (duly registered in the citizen participation register) sent the relevant observations and participated in the discrepancy process before the Panel of Experts. On June 5, 2018, the CNE approved the Final Technical Report that determines Useful Lives, by means of Exempt Resolution No. 412. Finally, for the purposes of the definition of the Technical and Administrative Bases for the Study of Valuation of Transmission Facilities, the CNE published the Technical and Administrative Preliminary Bases by means of Exempt Resolution No. 769 (December 29, 2017). Said document, in general terms, regulates the contracting process of the tariff study and defines the rules for carrying out the tariff study of the entire transmission, defining the tender for two studies: one for National facilities and another for Zonal and Dedicated facilities. In accordance with the stages included in the Law, the persons concerned (duly registered in the citizen participation register) made observations on this document during the first days of January 2018. Subsequently, the CNE issued the Final Technical Report by means of Exempt Resolution No. 124 dated February 13, 2018. Following the stages established by the regulations, the persons concerned submitted their discrepancies before the Panel of Experts at a public hearing. The formalization of the Final Bases is subject to the completion of the aforementioned Facilities Qualification process. c.5 Energy Tenders Under the new law for energy tenders, three bidding processes have been carried out: Supply Bidding No. 2015/01, Supply Bidding No. 2015/02 and Supply Tender 2017/01 Supply Bidding No. 2015/02 was launched in June 2015 and finalized in October 2015. The final outcome of the process resulted in three energy blocks awarded for a total of 1.2 GWh per year (100%) at a weighted average price of US$ 79.3 per MWh. Supply Bidding No. 2015/01 was launched in May 2015 and finalized in July 2016. The final outcome of the process resulted in five energy blocks awarded for a total of 12.4 GWh (100%) to 84 companies at a weighted average price of US$ 47.6 per MWh. Enel Generación Chile was awarded with 5.9 TWh / year, which represents 47.6% of the total energy awarded. Supply Bidding No. 2017/01 was launched in January, 2017 and finalized in November 2017. The final outcome of the process resulted in five energy blocks awarded to five companies for a total of 2,200 GWh per year at a weighted average price of US$ 32.5 per MWh. Enel Generación Chile was awarded with 1.2 TWh per year, which represents 54% of the total energy awarded. |
Non-Current Assets or Disposal
Non-Current Assets or Disposal Groups Classified as Held For Sale | 12 Months Ended |
Dec. 31, 2018 | |
NON-CURRENT ASSETS OR DISPOSAL GROUPS CLASSIFIED AS HELD FOR SALE | |
Non-Current Assets or Disposal Groups Classified as Held For Sale | 5 . NON-CURRENT ASSETS OR DISPOSAL GROUPS CLASSIFIED AS HELD FOR SALE. i. Electrogas S.A. On December 16, 2016, our subsidiary Enel Generación Chile S.A. signed an agreement to sell all shares of its equity method investee Electrogas S.A., representing a 42.5% ownership interest, to Aerio Chile SpA (“Aerio Chile”) which is an indirectly wholly-owned subsidiary of REN – Redes Energéticas Nacionais, S.G.P.S., S.A., under which Enel Generación Chile sold all its shares in Electrogas S.A., representing 42.5% of the capital of said company. The total price was US$180 million, which was paid on the closing date of the referred transaction. Finally, the amount collected was ThCh$115,582,806 and originated a pre-tax gain of ThCh $ 105,311,912 (see Notes 8.d and 30, respectively). Electrogas S.A. is a private corporation whose purpose is to provide services of transportation of natural gas and other fuels, on its own and on behalf of third parties. In order to provide its services, it can build, operate and maintain gas and oil pipelines, polyducts and supplementary facilities. |
Business Combinations Under Com
Business Combinations Under Common Control | 12 Months Ended |
Dec. 31, 2018 | |
BUSINESS COMBINATIONS UNDER COMMON CONTROL | |
Disclosure of business combinations [text block] | 6. BUSINESS COMBINATIONS UNDER COMMON CONTROL. Corporate restructuring project Considering the high priority given to renewable energies in the Open Power strategy, and with the purpose of consolidating a vehicle that maximizes this strategy, on August 25, 2017 Enel Chile proposed for the consideration of Enel S.p.A., a corporate restructuring (hereinafter "the Restructuring of Renewable Assets") which consisted of integrating the renewable energy assets in Chile maintained by Enel Green Power Latin America S.A. ("EGPL") with Enel Chile, which in turn controlled the conventional power generation assets belonging to Enel Generación Chile S.A. ("Enel Generación Chile") and the electricity distribution assets belonging to Enel Distribución Chile S.A.. Enel Chile and Enel Generación Chile are entities registered with the Financial Market Commission of Chile and have American Depository Receipts ("ADS") traded on the New York Stock Exchange, and are therefore also subject to regulation by the Securities and Exchange Commission of the United States of America. EGPL was an indirect subsidiary of Enel S.p.A., actually controlled by Enel Green Power SpA. (“EGP”). The Reorganization involved two principal phases, each of which was conditional on the implementation of the other, as follows: i) Public tender offer Enel Chile presented a public tender offer (the “Tender Offer”) for all of the shares (including in the form of American Depositary Shares (“ADSs”)) of its subsidiary Enel Generación Chile held by non-controlling interests (equivalent to approximately 40% of the share capital). The Tender Offer consideration was paid in cash, subject to the condition that tendering Enel Generación Chile shareholders agreed to use Ch$236 of the Ch$590 cash tender offer consideration for each Enel Generación Chile share and Ch$7,080 of the Ch$17,700 cash tender offer consideration for each Enel Generación Chile ADS to subscribe for shares of Enel Chile common stock at a subscription price of Ch$82 per Enel Chile share (or Ch$4,100 per Enel Chile ADS) (the “Share/ADS Subscription Condition”). ii) Capital increase Enel Chile undertook a capital increase to make available a sufficient number of shares of Enel Chile common stock to deliver to tendering holders of Enel Generación Chile shares and ADSs to satisfy the Share/ADS Subscription Condition. In connection with the capital increase, in accordance with Chilean law, Enel Chile made a iii) Merger After the Tender Offer was declared successful, EGPL merged with Enel Chile (the "Merger"). Consequently, the renewable assets held by EGPL were integrated into Enel Chile. On December 20, 2017, the Extraordinary Shareholders' Meeting of Enel Chile approved the Reorganization, subject to compliance with the conditions established for the Public Offering, Capital Increase and Merger. The Board also approved the capital increase of Enel Chile in the amount of Ch$1,891,727,278,668, through the issuance of 23,069,844,862 new common shares, all of the same series and without par value, at the price and other conditions approved by the Board. Finally, on March 25, 2018, the amendments to Enel Chile's by-laws were approved to reflect the merger, capital increase and expansion of Enel Chile's corporate purpose, among other provisions. The preemptive rights offering took place between February 16 and March 22, 2018; the shares were subscribed between February 15 and March 16, 2018 to cover the capital increase; and the Reorganization (including the Merger) was completed and became effective as of April 2, 2018 and resulted in an increase of Enel Chile's ownership in Enel Generación Chile from 59.98% to 93.55% and the merger of Enel Chile with EGPL effective as from this date, a process whereby Enel S.p.A. increased its total interest in Enel Chile to 61.93%. Since the date of acquisition, EGP Chile Group has contributed revenue of ThCh$52.892.734 and pretax income of $THCh$30.471.438 to the profit and loss of Enel Chile for the period ended December 31, 2018. If the acquisition had occurred on January 1, 2018, it is estimated that the consolidated revenue for the year ended December 31, 2018 would have increased by ThCh$71.072.559 and the consolidated gain before tax would have increased by ThCh$43.360.620. Carrying amount of the assets and liabilities of EGPL at merger date: Identifiable net assets acquired ThCh$ Cash and cash equivalents Other current financial assets Other current non-financial assets Trade and other current receivables Current accounts receivables to related parties Inventories Current tax assets Other non-current financial assets Other non-current non-financial assets Trade and other non-current receivables Intangible assets other than goodwill Goodwill Property, plant and equipment Deferred tax assets Other current financial liabilities Trade and other current payables Current accounts payable to related parties Current tax liabilities Other non-current financial liabilities Non-current accounts payable to related parties Other non-current provision Deferred tax liabilities Provisions for non-current employee benefits Net identifiable assets acquired |
Argentina's Hyperinflationary E
Argentina's Hyperinflationary Economy | 12 Months Ended |
Dec. 31, 2018 | |
ARGENTINA'S HYPERINFLATIONARY ECONOMY | |
Disclosure of hyperinflationary reporting [text block] | 7. ARGENTINA’S HY Since July 2018, Argentina's economy is considered hyper-inflationary under the provisions of IAS 29 - Financial Reporting in Hyperinflationary Economies. A number of qualitative and quantitative criteria led to this qualification; chief among them is the cumulative inflation rate over three years exceeding 100%. In accordance with the provisions of IAS 29, the financial statements of the companies in Argentina in which Enel Chile has an interest have been retrospectively restated by applying a general price index to the historical cost, in order to reflect changes in the purchasing power of the Argentine currency as of the closing date of these financial statements. Considering that Enel Chile's functional and presentation currency is not that of a hyper-inflationary economy, according to the guidelines of IAS 29, the restatement of comparative periods is not required in the Group's consolidated financial statements. The general price indices used at the close of the reporting periods are as follows: General price index From January 2015 to December 2018 85.52% From January to December 2018 47.83% The following is a summary of the effect in the Consolidated Statements of Comprehensive Income of Enel Chile: Balances as of Result due to Hyperinflation 12/31/2018 ThCh$ Intangible assets other than goodwill Property, plant and equipment Equity Other Services Provision Other Variable Provisioning and Services Employee benefits expenses Other Fixed Operating Expenses Financial income Financial costs Result due to Hyperinflation * (*) Corresponds to the financial effect derived from the application of IAS 29 Financial Information in Hyperinflationary Economies , which is derived from the results arising from the net position of monetary assets and liabilities. This result is determined through the restatement of non-monetary assets and liabilities, as well as those income statements that are not determined from an updated base (see Note 34). The cumulative effects of adoption IAS 29 as of January 1, 2018 on the financial statements of Enel Chile’s Argentine subsidiary was a credit of ThCh$664,470, net of tax, and was recognized as an adjustment to beginning retained earnings. (See Note 2.7.4). |
Cash and Cash Equivalents
Cash and Cash Equivalents | 12 Months Ended |
Dec. 31, 2018 | |
CASH AND CASH EQUIVALENTS. | |
Cash and Cash Equivalents | 8 . CASH AND CASH EQUIVALENTS. a) The detail of cash and cash equivalents as of December 31, 2018 and 2017, is as follows: As of December 31, 2018 2017 Cash and Cash Equivalents ThCh$ ThCh$ Cash balances 44,326 53,875 Bank balances 98,395,997 35,208,300 Time deposits 5,782,252 11,155,249 Other fixed-income instruments 140,949,349 373,038,602 Total 245,171,924 419,456,026 Time deposits have a maturity of three months or less from their date of acquisition and accrue the market interest for this type of short-term investment. Other fixed-income instruments, are mainly comprised of repurchase agreements maturing in 90 days or less from the date of investment. There are no restrictions for significants amounts of cash availability. b) The detail of cash and cash equivalents by currency is as follows: As of December 31, 2018 2017 Currency ThCh$ ThCh$ Chilean peso 222,434,412 399,164,753 Argentine peso 6,057,793 6,263,344 Euros 103,847 11,594 U.S. dollar 16,575,872 14,016,335 Total 245,171,924 419,456,026 c) No payments have been made to obtain control of consolidated entities as of December 31, 2018 and 2017. d) The following tables sets forth cash and cash equivalents that have been received from the sale of shares of associates during the years ended December 31, 2018, 2017 and 2016: 2018 2017 (*) 2016 (**) Loss of control at Associates ThCh$ ThCh$ ThCh$ Amounts received for the sale of Associates (*) — 115,582,806 132,820,800 Total — 115,582,806 132,820,800 (*) See Note 5. (**) See Note 15.1.c. e) Reconciliation of liabilities arising from financing activities: Financing Cash Flows Non-Cash Changes Balance as of From Used Interest paid Total Acquisition of subsidiaries Changes in fair Foreign exchange Financial costs Other changes Balance as of Liabilities arising from financing activities ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Bank loans (Note 21.1) 122 940,414,450 (812,568,125) (22,902,945) 104,943,380 322,301,558 — 51,622,432 27,929,781 5,750,445 512,547,718 Unsecured obligations (Note 21.1) 763,579,584 625,368,154 (5,654,112) (59,362,432) 560,351,610 — — 128,056,234 64,400,703 (11,106,048) 1,505,282,083 Finance leases (Note 21.1) 14,608,914 — (1,889,685) (739,070) (2,628,755) — — 1,757,221 739,070 — 14,476,450 Other liabilities (Note 18.1) — — (1,303,692) (1,303,692) 52,972 1,250,720 — Financial derivatives for hedging (Note 9 y 21) (29,478,642) — — (3,496,889) (3,496,889) (5,495,214) 48,389,489 32,202,403 3,569,025 (5,078,247) 40,611,925 Loans to related parties (Nota 12.1.b) — — — (30,039,555) (30,039,555) 398,462,271 — 51,063,262 29,906,460 (2,074,657) 447,317,781 Other obligations — — (23,307,842) — (23,307,842) — — — 23,307,842 — — Total 748,709,978 1,565,782,604 (844,723,456) (116,540,891) 604,518,257 715,268,615 48,389,489 264,754,524 149,852,881 (11,257,787) 2,520,235,957 Financing Cash Flows Non-Cash Changes Balance as of From Used Interest paid Total Acquisition of subsidiaries Changes in fair Foreign exchange Financial costs (2) Other changes Balance as of Liabilities arising from financing activities ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Bank loans (Note 21.1) 4,274 — (4,156) (12,581) (16,737) — — — 12,585 — 122 Unsecured obligations (Note 21.1) 802,306,160 — (5,530,327) (43,514,578) (49,044,905) — — (33,226,098) 43,544,427 — 763,579,584 Finance leases (Note 21.1) 17,749,647 — (2,592,236) — (2,592,236) — — (1,359,668) 811,171 — 14,608,914 Financial derivatives for hedging (Note 9 y 21) 23,640,892 — (3,543,399) — (3,543,399) — (25,059,561) (23,488,917) 3,473,938 (4,501,595) (29,478,642) Loans to related parties (Nota 12.1.b) — 150,000,000 (150,000,000) (289,800) (289,800) — — — 289,800 — — Other obligations — — (1,305,389) — (1,305,389) — — — 1,305,389 — — Total 843,700,973 150,000,000 (162,975,507) (43,816,959) (56,792,466) — (25,059,561) (58,074,683) 49,437,310 (4,501,595) 748,709,978 (1) Balance corresponds to current and non-current portion. (2) Other changes include interest accruals |
Other Financial Assets
Other Financial Assets | 12 Months Ended |
Dec. 31, 2018 | |
OTHER FINANCIAL ASSETS | |
Other Financial Assets | 9 . OTHER FINANCIAL ASSETS. The detail of other financial assets as of December 31, 2018 and 2017 is as follows: Current Non-current 12-31-2018 12-31-2017 12-31-2018 12-31-2017 Other Financial Assets ThCh$ ThCh$ ThCh$ ThCh$ Financial assets at fair value with changes in results 90,839 — — 33,158 Financial assets at fair value with change in other comprehensive income 269,031 — 2,352,894 2,595,343 Financial assets held to maturity 880,268 185,913 689,146 — Hedging derivatives 39,022,012 20,038,433 4,191,543 30,789,703 Non-Hedging derivatives 41,023 402,716 36,086 — Total 40,303,173 20,627,062 7,269,669 33,418,204 |
Other Non-financial Assets and
Other Non-financial Assets and Liabilities | 12 Months Ended |
Dec. 31, 2018 | |
OTHER NON-FINANCIAL ASSETS AND LIABILITIES | |
Other Non-financial Assets and Liabilities | 10. OTHER NON-FINANCIAL ASSETS AND LIABILITIES a) Other non-financial assets Details of other non-financial assets as of December 31, 2018 and 2017 are as follows: Currrent Non-Current Other non-financial assets 12-31-18 12-31-17 12-31-18 12-31-17 ThCh$ ThCh$ ThCh$ ThCh$ VAT Tax Credit and Other Taxes - Prepaid expenses - - Guarantee deposit - - PPM water rights - - Spare parts with consumption schedule over 12 months - - Other Total b) Other non-financial liabilities Details of other non-financial liabilities as of December 31, 2018 and 2017 are as follows: Currrent Non-Current Other non-financial liabilities 12-31-18 12-31-17 12-31-18 12-31-17 ThCh$ ThCh$ ThCh$ ThCh$ VAT and Other Taxes due 56,341,865 31,669,402 - - Tax Due for payment realted to Central Eólica Canela S.A. - 6,795,376 - - Reimbursable financial contributions - - 226,653 309,776 Splices 10,456,081 7,884,841 - - Transfer of networks 1,786,635 1,811,479 - - Products and services 1,502,411 937,259 - - Other 1,221,990 647,673 - - Total |
Trade and Other Receivables
Trade and Other Receivables | 12 Months Ended |
Dec. 31, 2018 | |
TRADE AND OTHER RECEIVABLES. | |
Trade and Other Receivables | 11. TRADE AND OTHER RECEIVABLES. a) The detail of trade and other receivables as of December 31, 2018 and 2017, is as follows: As of December 31, 2018 2017 Current Non-current Current Non-current Trade and Other Receivables, Gross ThCh$ ThCh$ ThCh$ ThCh$ Trade and other receivables, gross 527,649,947 60,527,843 463,626,345 36,182,399 Trade receivables, gross (2) 457,053,617 2,046,845 415,039,522 1,917,828 Other receivables, gross (1) 70,596,330 58,480,998 48,586,823 34,264,571 As of December 31, 2018 2017 Current Non-current Current Non-current Trade and Other Receivables, Net ThCh$ ThCh$ ThCh$ ThCh$ Trade and other receivables, net 478,170,067 60,527,843 406,968,537 36,182,399 Trade and other receivables, net (2) 417,927,182 2,046,845 380,379,326 1,917,828 Other receivables, net (1) 60,242,885 58,480,998 26,589,211 34,264,571 (1) This includes, as of December 31, 2018, recoveries from insurance companies for claims of ThCh$18,805,057 (ThCh$1,048,903 as of December 31, 2017), accounts receivable from employees of ThCh$11,663,906 (ThCh$9,709,051 as of December 31, 2017), advances to suppliers and creditors of ThCh$19,639,578 (ThCh$5,360,307 as of December 31, 2017), leasing debtors of ThCh$61,753,441 (ThCh$34,550,131 as of December 31, 2017) and others of ThCh$6,861,901 (ThCh$10,185,390). (2) There are no significant trade and other receivables balances held by the Group that are not available for its use. The Group does not have customers with sales representing 10% or more of its total consolidated revenues for the years ended December 31, 2018 and 2017. Refer to Note 12.1 for detailed information on amounts, terms and conditions associated with accounts receivable from related parties. a) Lease receivables As of December 31, 2018 and 2017, the present value of minimum lease payments receivable is as follows: 12-31-2018 12-31-2017 Gross Interest Present Value Gross Interest Present Value ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Less than one year 8,033,838 1,932,026 6,101,812 4,380,499 944,578 3,435,921 From one to five years 32,135,353 5,678,839 26,456,514 17,521,998 3,617,167 13,904,831 More than five years 31,861,803 2,666,687 29,195,116 18,127,398 918,019 17,209,379 Total 72,030,994 10,277,552 61,753,442 40,029,895 5,479,764 34,550,131 Lease arrangements are related to public lightning developments mainly to municipalities. b) As of December 31, 2018 and 2017, the balance of past due but not impaired trade receivables is as follows Trade Receivables Past Due But Not Impaired (*) As of December 31, 2018 2017 ThCh$ ThCh$ Less than three months 37,711,262 54,488,473 Between three and six months 3,916,489 9,008,195 Between six and twelve months 5,312,988 7,123,391 More than twelve months 11,328,175 16,067,867 Total 58,268,914 86,687,926 (*) These balances correspond to non-impaired past due accounts and the portion does not affect the provision of other accounts due receivable. c) The reconciliation of changes in the allowance for impairment of trade receivables is as follows: Current and Non-current Trade Receivables Past Due and Impaired ThCh$ Balance at December 31, 2016 39,461,880 Increases (decreases) for the year (*) 7,937,817 Amounts written off (3,525,638) Balance at December 31, 2017 43,874,059 Initial balance adjustment for IFRS 9 4,673,467 Increases (decreases) for the year (*) 4,777,708 Amounts written off (3,863,702) Other movements 18,348 Balance at December 31, 2018 49,479,880 (*) See Note 31 for impairment of financial assets. Write-offs for past due receivables Past due receivables are written off once all collection procedures and legal proceedings have been exhausted and the debtors’ insolvency has been demonstrated. In our power generation business, this process normally takes at least one year. In our distribution business the process takes at least twenty four months. Overall, the risk of writing off our trade receivables is limited (See Notes 3.g.3 and 22.5) d) Additional information: - Additional statistical information required under Official Bulletin 715 of the CMF, of February 3, 2012 (XBRL Taxonomy). See Appendix 2. - Supplementary information on trade receivables. See Appendix 2.1. |
Balances and Transactions With
Balances and Transactions With Related Parties | 12 Months Ended |
Dec. 31, 2018 | |
BALANCES AND TRANSACTIONS WITH RELATED PARTIES | |
Balances and Transactions With Related Parties | 12. BALANCES AND TRANSACTIONS WITH RELATED PARTIES. Related party transactions are performed at current market conditions. Transactions between the Group and its subsidiaries, associates and joint ventures have been eliminated on consolidation and are not itemized in this note. As of the date of these financial statements, no guarantees have been given or received nor has any allowance for bad or doubtful accounts been recorded with respect to receivable balances for related party transactions. The controlling shareholder of the Company is the Italian corporation Enel S.p.A.. 12.1 Balances and transactions with related parties The balances of accounts receivable and payable between the Group and its non-consolidated related companies are as follows: a) Receivables from related parties Current Non-current Taxpayer ID 12-31-2018 12-31-2017 12-31-2018 12-31-2017 Number Company Country Relationship Currency Description of transaction Term of transaction ThCh$ ThCh$ ThCh$ ThCh$ Foreign Endesa España Spain Common Immediate Parent CH$ Other services Less than 90 days — 70,371 — — Foreign Endesa España Spain Common Immediate Parent Euros Other services Less than 90 days 27,023 13,077 — — 96.524.140-K Empresa Electrica Panguipulli S.A. Chile Common Immediate Parent CH$ Energy sales Less than 90 days — 1,031,125 — — 96.524.140-K Empresa Electrica Panguipulli S.A. Chile Common Immediate Parent CH$ Tolls Less than 90 days — 79,217 — — 96.524.140-K Empresa Electrica Panguipulli S.A. Chile Common Immediate Parent CH$ Other services Less than 90 days — 86,089 — — 76.418.940-K GNL Chile S.A. Chile Associate CH$ Gas Purchase Less than 90 days 14,666,414 18,793,098 — — 76.418.940-K GNL Chile S.A. Chile Associate CH$ Dividends Less than 90 days 788,336 — — — Foreign Endesa Generación Spain Common Immediate Parent Euros Other services Less than 90 days 41,820 36,067 — — Foreign Enel Italia SrL. Italy Common Immediate Parent Euros Other services Less than 90 days 295,892 8,144 — — Foreign Enel Italia SrL. Italy Common Immediate Parent Euros Other services Less than 90 days — 290,838 — — Foreign Enel Global Trading S.p.A. IT Italy Common Immediate Parent Euros Other services Less than 90 days 44,675 8,511 — — Foreign Enel Global Trading S.p.A. IT Italy Common Immediate Parent Euros Gas sales Less than 90 days 18,565,698 21,484,590 — — Foreign Enel Global Trading S.p.A. IT Italy Common Immediate Parent Euros Commodity derivatives Less than 90 days 3,671,446 20,751,714 — — 76.126.507-5 Parque Eolico Talinay Oriente SA Chile Common Immediate Parent CH$ Energy sales Less than 90 days — 16,994 — — 76.126.507-5 Parque Eolico Talinay Oriente SA Chile Common Immediate Parent CH$ Tolls Less than 90 days — 134 — — 76.126.507-5 Parque Eolico Talinay Oriente SA Chile Common Immediate Parent CH$ Other services Less than 90 days — 49,677 — — 76.321.458-3 Sociedad Almeyda Solar SpA Chile Common Immediate Parent CH$ Energy sales Less than 90 days — 50,594 — — 76.321.458-3 Sociedad Almeyda Solar SpA Chile Common Immediate Parent CH$ Tolls Less than 90 days — 35,572 — — 76.321.458-3 Sociedad Almeyda Solar SpA Chile Common Immediate Parent CH$ Other services Less than 90 days — 19,877 — — 76.179.024-2 Parque Eolico Tal Tal S.A. Chile Common Immediate Parent CH$ Energy sales Less than 90 days — 41,487 — — 76.179.024-2 Parque Eolico Tal Tal S.A. Chile Common Immediate Parent CH$ Tolls Less than 90 days — 425 — — 76.179.024-2 Parque Eolico Tal Tal S.A. Chile Common Immediate Parent CH$ Other services Less than 90 days — 54,638 — — Foreign Enel S.p.A. Italy Parent CH$ Other services Less than 90 days — 157,701 — — Foreign Enel S.p.A. Italy Parent Euros Other services Less than 90 days 415,200 215,289 — — 76.052.206-6 Parque Eolico Valle de los Vientos S.A. Chile Common Immediate Parent CH$ Energy sales Less than 90 days — 75,956 — — 76.052.206-6 Parque Eolico Valle de los Vientos S.A. Chile Common Immediate Parent CH$ Other services Less than 90 days — 49,677 — — 76.412.562-2 Enel Green Power del Sur SPA Chile Common Immediate Parent CH$ Energy sales Less than 90 days — 28,835 — — 76.412.562-2 Enel Green Power del Sur SPA Chile Common Immediate Parent CH$ Tolls Less than 90 days — 3,443 — — 76.412.562-2 Enel Green Power del Sur SPA Chile Common Immediate Parent CH$ Other services Less than 90 days — 310,179 — — 96.920.110-0 Enel Green Power Chile Ltda. Chile Common Immediate Parent CH$ Other services Less than 90 days — 162,594 — — Foreign Enel Brasil S.A. Brasil Common Immediate Parent CH$ Other services Less than 90 days 281,002 47,998 — — Foreign Enel Brasil S.A. Brasil Common Immediate Parent Euros Other services Less than 90 days 116,436 — — Foreign Enel Brasil S.A. Brasil Common Immediate Parent US$ Other services Less than 90 days 173,300 2,068,594 — — Foreign PH Chucas Costa Rica Costa Rica Common Immediate Parent CH$ Other services Less than 90 days — 432,233 — — Foreign Emgesa S.A. E.S.P. Colombia Common Immediate Parent US$ Other services Less than 90 days 703,368 — — — Foreign Emgesa S.A. E.S.P. Colombia Common Immediate Parent $ Col Other services Less than 90 days — 13,746 — — Foreign Codensa S.A. Colombia Common Immediate Parent CH$ Other services Less than 90 days — 791,622 — — Foreign Codensa S.A. Colombia Common Immediate Parent Euros Other services Less than 90 days — 29,221 — — Foreign Codensa S.A. Colombia Common Immediate Parent US$ Other services Less than 90 days 427,882 — — — Foreign Enel Generación Perú S.A. Perú Common Immediate Parent CH$ Other services Less than 90 days — 15,192 — — Foreign Enel Generación Perú S.A. Perú Common Immediate Parent US$ Other services Less than 90 days 973,873 758,841 — — 94.271.000-3 Enel Américas S.A. Chile Common Immediate Parent US$ Other services Less than 90 days 107,071 — — — 94.271.000-3 Enel Américas S.A. Chile Common Immediate Parent CH$ Other services Less than 90 days 4,197,951 1,487,709 — — 94.271.000-3 Enel Américas S.A. Chile Common Immediate Parent CH$ Other services Less than 90 days — 54,949 — — Foreign Enel Green Power Colombia SAS Colombia Common Immediate Parent US$ Other services Less than 90 days 419,032 46,557 — — Foreign Enel Generación Piura S.A. Perú Common Immediate Parent US$ Other services Less than 90 days 89,545 165,875 — — Foreign Chinango S.A.C. Perú Common Immediate Parent CH$ Other services Less than 90 days — 17,410 — — Foreign Enel Green Power Italia Italy Common Immediate Parent CH$ Other services Less than 90 days — 262,694 — — Foreign Enel Green Power Spa IT Italy Common Immediate Parent Euros Other services Less than 90 days 2,405,958 — — — 96.971.330-6 Geotérmica del Norte Chile Common Immediate Parent US$ Other services Less than 90 days — 82,830 — — 96.971.330-6 Geotérmica del Norte Chile Common Immediate Parent CH$ Energy sales Less than 90 days — 10,096 — — Foreign Enel Distribución Perú S.A. Perú Common Immediate Parent CH$ Other services Less than 90 days 354,283 354,283 — — Foreign Enel Green Power Mexico México Common Immediate Parent US$ Other services Less than 90 days 98,519 152,495 — — Foreign Enel Green Power Perú Perú Common Immediate Parent US$ Other services Less than 90 days 1,959,124 177,478 — — Foreign Enel Green Power Brasil Brasil Common Immediate Parent US$ Other services Less than 90 days — 37,936 — — Foreign Energía Nueva Energía Limpia Mexico S.R.L México Common Immediate Parent US$ Other services Less than 90 days 52,241 — — — Foreign Proyectos y Soluciones Renovables S.A.C. Perú Common Immediate Parent US$ Other services Less than 90 days 29,054 — — — Foreign Enel Generacion Costanera S.A. Argentina Common Immediate Parent US$ Other services Less than 90 days 32,264 — — — Foreign Enel Generacion El Chocon S.A. Perú Common Immediate Parent US$ Other services Less than 90 days 13,367 — — — Foreign Enel Green Power Brasil Participacoes LTDA. Brasil Common Immediate Parent US$ Other services Less than 90 days 52,215 9,188 — — Foreign Enel Green Power Brasil Participacoes LTDA. Brasil Common Immediate Parent Real Other services Less than 90 days 23,329 — — — Foreign Enel Finance International NV (*) Holanda Common Immediate Parent US$ Loan Less than 90 days 1,008,208 — — — Foreign Enel Power Argentina Argentina Common Immediate Parent US$ Other services Less than 90 days 276,607 — — — Foreign Energetica Monzon S.A.C. Perú Common Immediate Parent US$ Other services Less than 90 days 601,512 — — — Foreign Enel Green Power RSA (PTY) LTD South Africa Common Immediate Parent US$ Other services Less than 90 days 466,281 — — — Foreign Enel Green Power North America Inc United States Common Immediate Parent US$ Other services Less than 90 days 57,761 — — — Foreign Empresa Distribuidora Sur S.A. Argentina Common Immediate Parent CH$ Other services Less than 90 days 23,077 796,750 — — Foreign Empresa Distribuidora Sur S.A. Argentina Common Immediate Parent US$ Other services Less than 90 days 464,846 — — — 76.201.136-0 Energía y Servicios South America Spa Chile Common Immediate Parent CH$ Mercantile Current Account Less than 90 days 166,870 — — — 76.201.136-0 Energía y Servicios South America Spa Chile Common Immediate Parent CH$ Other services Less than 90 days 142,847 — — — Foreign Enel X SLR Italy Common Immediate Parent CH$ Other services Less than 90 days 14,233 — — — Foreign ENEL MAP Italy Common Immediate Parent CH$ Other services Less than 90 days 10,365 — — — 76.091.585-5 Aysén Energìa Chile Common Immediate Parent CH$ Other services Less than 90 days 14,286 — — — 76.041.891-9 Aysén Transmisiòn Chile Common Immediate Parent CH$ Other services Less than 90 days 14,285 — — — Total 54,171,060 71,856,046 — — b) Accounts payable to related parties Current Non-current Taxpayer ID 12-31-2018 12-31-2017 12-31-2018 12-31-2017 Number Company Country Relationship Currency Description of transaction Terms of transaction ThCh$ ThCh$ ThCh$ ThCh$ Foreign Endesa España Spain Common Immediate Parent Euros Other services Less than 90 days 159,940 277,868 — — Foreign Enel Brasil S.A. Brasil Common Immediate Parent US$ Other services Less than 90 days 74,949 77,680 — — Foreign Enel Trading Argentina S.R.L. Argentina Common Immediate Parent US$ Other services Less than 90 days 77,624 — — — Foreign Enel Trading Argentina S.R.L. Argentina Common Immediate Parent AR$ Other services Less than 90 days — 74,740 — — Foreign Emgesa S.A. E.S.P. Colombia Common Immediate Parent Col$ Other services Less than 90 days 4,723 4,551 — — 94.271.000-3 Enel Américas S.A. Chile Common Immediate Parent CH$ Other services Less than 90 days 1,461,815 4,650 — — 94.271.000-3 Enel Américas S.A. Chile Common Immediate Parent US$ Other services Less than 90 days 1,987 912,731 — — Foreign Enel Distribución Perú S.A. Perú Common Immediate Parent US$ Other services Less than 90 days 2,291 — — — Foreign Enel Distribución Perú S.A. Perú Common Immediate Parent CH$ Other services Less than 90 days — 2,110 — — 96.524.140-K Empresa Electrica Panguipulli S.A. Chile Common Immediate Parent CH$ Energy purchase Less than 90 days — 3,175,956 — — 96.524.140-K Empresa Electrica Panguipulli S.A. Chile Common Immediate Parent CH$ Tolls Less than 90 days — 71,648 — — 76.418.940-K GNL Chile S.A. Chile Associate US$ Gas Purchase Less than 90 days 5,935,652 8,100,426 — — 76.418.940-k GNL Chile S.A. Chile Associate CH$ Other services Less than 90 days 12,389 — — — Foreign Endesa Generación Spain Common Immediate Parent CH$ Other services Less than 90 days — 22,257 — — Foreign Endesa Generación Spain Common Immediate Parent Euros Other services Less than 90 days 702,702 214,667 — — Foreign Enel Iberoamérica S.R.L Spain Parent Euros Other services Less than 90 days — 749,834 — — Foreign Enel Iberoamérica S.R.L Spain Parent CH$ Other services Less than 90 days — 35 — — Foreign Enel Iberia SRL Italy Common Immediate Parent CH$ Other services Less than 90 days 35 — — — Foreign Enel Iberia SRL Italy Common Immediate Parent Euros Other services Less than 90 days 820,642 — — — Foreign E-Distribuzione Spa Italy Common Immediate Parent Euros Other services Less than 90 days 336,814 3,187,971 — — Foreign Enel Produzione Italy Common Immediate Parent Euros Other services Less than 90 days 7,482,038 10,501,963 — 318,518 Foreign Enel Energía Italy Common Immediate Parent Euros Other services Less than 90 days 452,289 348,370 — — 76.321.458-3 Sociedad Almeyda Solar Spa Chile Common Immediate Parent CH$ Energy purchase Less than 90 days — 371,339 — — 76.321.458-3 Sociedad Almeyda Solar Spa Chile Common Immediate Parent CH$ Tolls Less than 90 days — 64,484 — — 77.017.930-0 Transmisora Eléctrica de Quillota Ltda. Chile Joint venture CH$ Tolls Less than 90 days 13,887 72,965 — — 77.017.930-0 Transmisora Eléctrica de Quillota Ltda. Chile Joint venture CH$ Energy purchase Less than 90 days — 70,984 — — 76.126.507-5 Parque Eolico Talinay Oriente SA Chile Common Immediate Parent CH$ Energy purchase Less than 90 days — 65,829 — — 76.126.507-5 Parque Eolico Talinay Oriente SA Chile Common Immediate Parent CH$ Tolls Less than 90 days — 258 — — Foreign Enel Green Power España SL Spain Common Immediate Parent Euros Other services Less than 90 days 217,859 — — — Foreign Enel Global Trading S.p.A. IT Italy Common Immediate Parent Euros Other services Less than 90 days 2,258,059 924,051 — — Foreign Enel Global Trading S.p.A. IT Italy Common Immediate Parent Euros Commodity derivatives Less than 90 days 9,849,260 4,184,469 — — 76.179.024-2 Parque Eolico Tal Tal S.A. Chile Common Immediate Parent CH$ Energy purchase Less than 90 days — 2,105,042 — — 76.179.024-2 Parque Eolico Tal Tal S.A. Chile Common Immediate Parent CH$ Tolls Less than 90 days — 484 — — 76.412.562-2 Enel Green Power del Sur SPA Chile Common Immediate Parent CH$ Energy purchase Less than 90 days — 10,323,531 — — 76.412.562-2 Enel Green Power del Sur SPA Chile Common Immediate Parent CH$ Tolls Less than 90 days — 853 — — 96.920.110-0 Enel Green Power Chile Ltda. Chile Common Immediate Parent CH$ Other services Less than 90 days — 90,134 — — Foreign Enel S.p.A. Italy Parent Euros Other services Less than 90 days — 77,415 — — Foreign Enel S.p.A. Italy Parent CH$ Dividens Less than 90 days 67,197,814 63,543,371 — — Foreign Enel S.p.A. Italy Parent Euros Other services Less than 90 days 5,866,256 1,583,058 — — 76.052.206-6 Parque Eolico Valle de los Vientos S.A. Chile Common Immediate Parent CH$ Energy purchase Less than 90 days — 1,261,153 — — Foreign Enel Italia SrL. Italy Common Immediate Parent CH$ Other services Less than 90 days — 4,591,580 — — Foreign Enel Italia SrL. Italy Common Immediate Parent Euros Other services Less than 90 days 12,186,715 2,089,122 — — Foreign Codensa S.A. Colombia Common Immediate Parent US$ Other services Less than 90 days — 7,936 — — Foreign Codensa S.A. Colombia Common Immediate Parent US$ Other services Less than 90 days 13,579 — — — Foreign Enel Global Thermal Generation S.r.l. Italy Common Immediate Parent Euros Other services Less than 90 days 2,199,811 — — — Foreign ENEL MAP Italy Common Immediate Parent Euros Other services Less than 90 days 1,235,525 — — — Foreign Enel Green Power Spa IT Italy Common Immediate Parent Euros Other services Less than 90 days 30,353,425 — — — Foreign Enel Green Power North America Inc United States Common Immediate Parent US$ Other services Less than 90 days 149,591 — — — Foreign Enel Finance International NV Holland Common Immediate Parent US$ Loan Less than 90 days 123,979 — 447,193,802 — Foreign Enel Green Power Italia Italy Common Immediate Parent CH$ Other services Less than 90 days — 457,457 — — 76.201.136-0 Energía y Servicios South America Spa Chile Common Immediate Parent CH$ Other services Less than 90 days 370,028 — — — Foreign Enel X SLR Italy Common Immediate Parent Euros Other services Less than 90 days 40,656 — — — Foreign Cesi S.p.A. Italy Common Immediate Parent Euros Other services Less than 90 days 458,228 — — — Foreign Tecnatom SA Italy Common Immediate Parent Euros Other services Less than 90 days 102,962 — — — Foreign Enel Green Power Spa GLO Italy Common Immediate Parent Euros Other services Less than 90 days 7,772,801 — — Total 157,936,325 119,612,972 447,193,802 318,518 (*)See section d) below. c) Significant transactions and effects on income/expenses: Transactions with related companies that are not consolidated and their effects on profit or loss are as follows: For the years ended December 31, 2018 2017 2016 Taxpayer ID Number Company Country Relationship Description of transaction ThCh$ ThCh$ ThCh$ Foreign Endesa Energía S.A. Spain Common Immediate Parent Gas Sales — 10,394,146 18,655,911 Foreign Endesa Energía S.A. Spain Common Immediate Parent Fuel consumption — — (134,393) Foreign Endesa Generación Spain Common Immediate Parent Other fixed operating expenses — — — Foreign Endesa Generación Spain Common Immediate Parent Fuel consumption — — (54,818,466) Foreign Endesa Generación Spain Common Immediate Parent Other fixed operating expenses (158,128) — — Foreign Enel Perú S.A.C. Perú Common Immediate Parent Other services rendered 8,832 7,405 68,066 Foreign Enel Perú S.A.C. Perú Common Immediate Parent Financial expense — (181) — 94.271.000-3 Enel Américas S.A. Chile Common Immediate Parent Financial expense — (289,800) (1,933,040) 94.271.000-3 Enel Américas S.A. Chile Common Immediate Parent Financial income — 144,404 540,259 94.271.000-3 Enel Américas S.A. Chile Common Immediate Parent Other services rendered 5,071,453 4,737,522 4,822,344 94.271.000-3 Enel Américas S.A. Chile Common Immediate Parent Other variable expenses — — (352) 94.271.000-3 Enel Américas S.A. Chile Common Immediate Parent Other operating income — — 182,091 94.271.000-3 Enel Américas S.A. Chile Common Immediate Parent Other fixed operating expenses — — (1,546,751) Foreign Codensa Colombia Common Immediate Parent Other operating income — — (709) Foreign Codensa Colombia Common Immediate Parent Other services rendered 441,519 399,432 141,664 Foreign Enel Brasil S.A. Brasil Common Immediate Parent Other fixed operating expenses — — (35,949) Foreign Enel Brasil S.A. Brasil Common Immediate Parent Other services rendered — — 2,044,935 Foreign Enel Brasil S.A. Brasil Common Immediate Parent Financial income (55) — — Foreign Enel Brasil S.A. Brasil Common Immediate Parent Other fixed operating expenses (207,967) — — 76.418.940-K GNL Chile S.A. Chile Associate Gas consumption (81,890,342) (146,507,390) (102,686,858) 76.418.940-K GNL Chile S.A. Chile Associate Gas transportation (49,631,647) (47,656,002) (40,494,275) 76.418.940-K GNL Chile S.A. Chile Associate Other services rendered (71,770) 85,274 82,762 76.788.080-4 GNLQuintero S.A Chile Associate Other operating income — — (1,539) 76.788.080-4 GNLQuintero S.A Chile Associate Energy sales — — 1,912,448 76.788.080-4 GNLQuintero S.A Chile Associate Electricity tolls — — 79,203 76.788.080-4 GNLQuintero S.A Chile Associate Other services rendered — — 960,390 96.524.140-K Empresa Eléctrica Panguipulli S.A. Chile Common Immediate Parent Energy purchases (1,954,523) (11,758,824) (8,803,274) 96.524.140-K Empresa Eléctrica Panguipulli S.A. Chile Common Immediate Parent Electricity tolls (8,973) (254,065) (235,950) 96.524.140-K Empresa Eléctrica Panguipulli S.A. Chile Common Immediate Parent Other services rendered 142,757 415,162 281,190 96.524.140-K Empresa Eléctrica Panguipulli S.A. Chile Common Immediate Parent Energy sales 18,201 1,242,092 116,726 Foreign Empresa Distribuidora Sur S.A. Argentina Common Immediate Parent Other services rendered 424,664 409,823 398,957 Foreign Enel Distribución Perú S.A. Perú Common Immediate Parent Other services rendered — 176,867 70,415 Foreign Enel Iberoamérica S.R.L Spain Parent Other services rendered — (6,085) — 96.806.130-5 Electrogas S.A. Chile Associate Gas tolls — (251,099) (2,750,858) 96.806.130-5 Electrogas S.A. Chile Associate Fuel consumption — (25,025) (717,599) Foreign Emgesa S.A. E.S.P. Colombia Common Immediate Parent Otros ingresos de explotación 622,686 1,866 (2,645) Foreign Enel Argentina S.A Argentina Common Immediate Parent Other fixed operating expenses — — (970) Foreign Enel Generación Perú S.A. Perú Common Immediate Parent Other services rendered — — (96,109) Foreign Enel Generación Perú S.A. Perú Common Immediate Parent Other services income 1,139,809 745,818 — Foreign Enel Generación Perú S.A. Perú Common Immediate Parent Financial expense — (349) — Foreign Enel Generación Perú S.A. Perú Common Immediate Parent Other operating income — — (9,253) Foreign Enel Generación Piura S.A. Perú Common Immediate Parent Other services rendered — 98,421 168,961 Foreign Enel Generación Piura S.A. Perú Common Immediate Parent Other fixed operating expenses (57,180) — Foreign Enel Generación Piura S.A. Perú Common Immediate Parent Financial expense (57) (135) 77.017.930-0 Transmisora Eléctrica de Quillota Ltda. Chile Joint venture Electricity tolls (142,469) (1,383,710) (1,291,995) 99.573.910-0 Chilectra Inversud S.A Chile Common Immediate Parent Other operating income — — 637 76.532.379-7 Chilectra Americas S.A Chile Common Immediate Parent Other services rendered — — 289,994 76.536.351-9 Endesa Americas S.A Chile Common Immediate Parent Other services rendered — — 1,260,448 77.017.930-0 Transmisora Eléctrica de Quillota Ltda. Chile Joint venture Energy purchases (100,418) — Foreign PH Chucas Costa Rica Costa Rica Common Immediate Parent Other services rendered — 6,629 425,604 Foreign PH Chucas Costa Rica Costa Rica Common Immediate Parent Other fixed operating expenses (79,327) — — Foreign PH Chucas Costa Rica Costa Rica Common Immediate Parent Financial expense — (162,177) — Foreign Compañía Energetica Veracruz S.A.C. Perú Common Immediate Parent Other services rendered — 283,346 42,890 Foreign Enel Trade S.p.A Italia Common Immediate Parent Financial expense (13) — Foreign Enel Trade S.p.A Italia Common Immediate Parent Otros Aprovisionamientos (1,213,116) — Foreign Enel Trade S.p.A Italia Common Immediate Parent Derivados de commodities 10,565,377 19,941,617 76.321.458-3 Sociedad Almeyda Solar Spa Chile Common Immediate Parent Energy purchases (1,052,840) (4,306,145) (3,674,821) 76.321.458-3 Sociedad Almeyda Solar Spa Chile Common Immediate Parent Electricity tolls 63,155 (212,402) (188,859) 76.321.458-3 Sociedad Almeyda Solar Spa Chile Common Immediate Parent Other services rendered 14,129 40,643 152,419 76.321.458-3 Sociedad Almeyda Solar Spa Chile Common Immediate Parent Energy sales (4,325) 344,090 64,174 76.052.206-6 Parque Eolico Valle de los Vientos S.A. Chile Common Immediate Parent Energy purchases (3,349,525) (16,630,422) (11,992,799) 76.052.206-6 Parque Eolico Valle de los Vientos S.A. Chile Common Immediate Parent Other services rendered 35,317 101,595 — 76.052.206-6 Parque Eolico Valle de los Vientos S.A. Chile Common Immediate Parent Energy sales (63,086) 144,589 558,966 Foreign Enel S.p.A. Italia Parent Other fixed operating expenses (1,082,418) (658,611) (34,700) Foreign Enel S.p.A. Italia Parent financial expense (1,057,535) — — Foreign Enel Italia Servizi Chile Common Immediate Parent Other fixed operating expenses — (2,230,668) (1,547,695) 76.412.562-2 Enel Green Power del Sur SPA Chile Common Immediate Parent Energy purchases (30,205,373) (104,865,684) (34,952,571) 76.412.562-2 Enel Green Power del Sur SPA Chile Common Immediate Parent Energy sales 25,918 528,740 48,322 76.412.562-2 Enel Green Power del Sur SPA Chile Common Immediate Parent Electricity tolls 3,531 3,730 (2,323) 76.412.562-2 Enel Green Power del Sur SPA Chile Common Immediate Parent Other services rendered 220,518 634,361 76.179.024-2 Parque Eolico Tal Tal S.A. Chile Common Immediate Parent Energy purchases (4,448,833) (25,959,608) (22,415,584) 76.179.024-2 Parque Eolico Tal Tal S.A. Chile Common Immediate Parent Electricity tolls (51) 250 — 76.179.024-2 Parque Eolico Tal Tal S.A. Chile Common Immediate Parent Other services rendered 38,846 111,748 — 76.179.024-2 Parque Eolico Tal Tal S.A. Chile Common Immediate Parent Energy sales 18,960 109,643 23,932 96.920.110-0 Enel Green Power Chile Ltda Chile Common Immediate Parent Other services rendered 102,298 162,848 34,855 Foreign Energía Nueva Energía Limpia Mexico S.R.L Mexico Common Immediate Parent Other services rendered 67,919 — — Foreign Enel Produzione Italia Common Immediate Parent Other fixed operating expenses — 94,045 — Foreign Enel Distribuzione Italia Common Immediate Parent Other fixed operating expenses — — (654,622) Foreign Enel Ingeneria e Innovazione Italia Common Immediate Parent Other services rendered — — 30,806 Foreign Enel Ingeneria e Innovazione Italia Common Immediate Parent Other fixed operating expenses — — (328,310) Foreign Enel Global Trading S.p.A Italia Common Immediate Parent Other operating income — — 9,191,693 Foreign Enel Global Trading S.p.A Italia Common Immediate Parent Other variable expenses — — (2,120,323) Foreign E-Distribuzione Spa Italia Common Immediate Parent Other fixed operating expenses (76,905) — — Foreign Enel Trading Argentina S.R.L Argentina Common Immediate Parent Other services rendered — 11,488 — Foreign Enel Green Power Italia Italia Common Immediate Parent Other services rendered — 262,694 — Foreign Enel Green Power Perú Perú Common Immediate Parent Other services rendered 258,120 177,478 — Foreign Enel Green Power Brasil Brasil Common Immediate Parent Other services rendered — 37,936 — Foreign Enel Green Power Brasil Participacoes Ltda. Brasil Common Immediate Parent Other services rendered 23,828 9,188 — Foreign Enel Green Power Mexico Mexico Common Immediate Parent Other services rendered — 152,495 — Foreign Enel Green Power Mexico Mexico Common Immediate Parent Other fixed operating expenses (53,976) — — 96.971.330-6 Geotérmica del Norte Chile Common Immediate Parent Energy purchases (1,929) (456) — 96.971.330-6 Geotérmica del Norte Chile Common Immediate Parent Energy sales 33,607 10,552 — 96.971.330-6 Geotérmica del Norte Chile Common Immediate Parent Other services rendered — 69,605 — Foreign Chinango S.A.C. Perú Common Immediate Parent Other services rendered 39,759 18,516 — Foreign Enel Green Power Colombia SAS Colombia Common Immediate Parent Other services rendered 302,992 46,557 — Foreign Enel Finance International NV Holland Common Immediate Parent Financial income 570,591 — — Foreign Enel Finance International NV Holland Common Immediate Parent Other financial expense (23,253,535) — — Foreign Enel Green Power Argentina Argentina Common Immediate Parent Other services rendered 871 — — Foreign Energetica Monzon S.A.C. Perú Common Immediate Parent Other services rendered 114,660 — — Foreign Enel Green Power España SL Spain Common Immediate Parent Other fixed operating expenses (61,372) — — Foreign Enel Green Power RSA (PTY) Ltd South Africa Common Immediate Parent Other services rendered 875 — — Foreign Enel Green Power NA, Inc. United States Common Immediate Parent Other services rendered 40,519 — — Foreign Enel Map Italia Common Immediate Parent Other fixed operating expenses (343,645) — — 76.126.507-5 Parque Eolico Talinay Oriente SA Chile Common Immediate Parent Energy sales 19,952 128,626 89,710 76.126.507-5 Parque Eolico Talinay Oriente SA Chile Common Immediate Parent Electricity tolls 165 144 — 76.126.507-5 Parque Eolico Talinay Oriente SA Chile Common Immediate Parent Other services rendered 35,317 101,595 — 76.126.507-5 Parque Eolico Talinay Oriente SA Chile Common Immediate Parent Energy purchases (214,455) (539,646) (370,964) Foreign Enel Generacion Costanera S.A. Argentina Common Immediate Parent Other services rendered 28,106 — — Foreign Enel Italia IT Italia Common Immediate Parent Other fixed operating expenses (4,111,525) — — Foreign Enel Global Thermal Generation S.r.l. Italia Common Immediate Parent Other fixed operating expenses (1,845,425) — — 99.577.350-3 Empresa Nacional de Geotermia S.A. Chile Common Immediate Parent Energy sales 1,857 — — Foreign Enel Green Power Spa IT Italia Common Immediate Parent Other services rendered 698,380 — — Foreign Enel Green Power Spa IT Italia Common Immediate Parent Other fixed operating expenses (4,257,363) — — Foreign Enel Green Power Spa IT Italia Common Immediate Parent Financial expense (2) — Foreign Enel Iberia SRL Italia Common Immediate Parent Other fixed operating expenses (29,015) — — Foreign Enel Generacion El Chocon S.A. Argentina Common Immediate Parent Other services rendered 10,176 — — 76.201.136-0 Energía y Servicios South America Spa Chile Common Immediate Parent Other services rendered 82,081 — Total (189,741,373) (321,305,504) (251,103,769) Transfers of short-term funds between related companies are structured through current accounts, with variable interest rates based on market conditions used for the monthly balance. The resulting amounts receivable or payable are usually at 30 days term, with automatic rollover for the same periods and amortization in line with cash flows. d) Significant transactions i) Enel Chile · In May 2017, Enel Chile S.A. received short-term loans of ThCh$150,000,000 from Enel Américas S.A., which were fully amortized on May 25, 2017. These loans accrued a TIP rate of interest + 0.05% per month. As of December 31, 2018, there was no outstanding debt between Enel Chile S.A. and Enel Américas S.A. ii) EGP Chile Group · On December 31, 2015, Enel Green Power International B.V. (currently Enel Finance International NV) granted Parque Eólico Renaico SpA (currently Enel Green Power del Sur SpA.) a US dollar loan for a committed amount of up to US$650 million equivalent to ThCh$451,600,500, at a variable interest rate of Libor 6M plus a margin of 4.94% per annum, with semi-annual interest payment and maturity on December 31, 2027. The credit agreement allowed Enel Green Power del Sur SpA to make indefinite drafts up to the amount committed until December 31, 2017, defined as the availability period, during which Enel Green Power del Sur SpA paid an annual availability fee equivalent to 35% of the margin on the undrawn amount. The balance of the debt at December 31, 2018 amounts to US$644 million equivalent to ThCh$447,431,880 (US$644 million at December 31, 2017 equivalent to ThCh$395,899,000). · On December 20, 2012, Enel Green Power International B.V. (currently Enel Finance International NV) formalized with Enel Latin America Ltda. (currently Enel Green Power Chile) a revolving credit line in U.S. dollars for an amount of up to US$250 million, at a Libor 3M variable interest rate plus a margin of 2.50% per annum, with quarterly interest payment and maturity on December 31, 2013. This contract was renewed annually and increased during 2015 to US$ 800 million and during the first half of 2017, the amount committed was reduced to US$50 million. On March 28, 2018, the margin was reduced to 1.35% per annum. On October 10, 2018, the contract, which did not have associated debts, was terminated early. · On February 25, 2011, Enel Green Power International B.V. (currently Enel Finance International NV) formalized with Enel Latin America Ltda. (currently Enel Green Power Chile) a mercantile mandate contract by means of which it could invest the funds and surpluses generated by the latter. The currency used for the movements was the U.S. dollar. This contract established annual extensions, and has been renewed and periodically amended. The conditions in force during 2018 of the contract established a variable interest rate of Libor 1M plus a margin of 0.80% per annum, the balance placed by Enel Green Power Chile at December 31, 2018 amounted to US$1,453 million equivalent to ThCh$1,008,208 (US$78 million at December 31, 2017 equivalent to ThCh$47,950,500). The contract expired on December 31, 2018 and was not renewed. On February 12, 2019 the amount was repaid in full. 12.2 Board of Directors and Key management personnel The Company is managed by a Board of Directors which consists of seven members. Each director serves for a three-year term after which they can be reelected. The Board of Directors as of December 31, 2018, was elected at the Ordinary Shareholders Meeting held on April 25, 2018. At a Board Meeting held on the same date the current Board Chairman and Secretary were appointed. a) Account receivable and payable and other transactions · Accounts receivable and payable There are no outstanding amounts receivable or payable between the Company and the members or the Board of Directors and key management personnel. · Other transactions No transactions other than the payment of compensation have taken place between the Company and the members of the Board of Directors and key management personnel and other than transactions in the norma |
Inventories
Inventories | 12 Months Ended |
Dec. 31, 2018 | |
INVENTORIES. | |
Inventories | 13. INVENTORIES. The detail of inventories as of December 31, 2018 and 2017, is as follows: As of December 31, 2018 2017 Classes of Inventories ThCh$ ThCh$ Supplies for Production 34,384,582 16,879,260 Gas 5,712,978 2,301,172 Oil 2,684,688 2,593,806 Coal 25,986,916 11,984,282 Supplies for projects and spare parts 14,354,027 12,311,718 Electrical materials 8,223,034 10,495,964 Total 56,961,643 39,686,942 There are no inventories pledged as security for liabilities. For the years ended December 31, 2018 and 2017, raw materials and consumables recognized as fuel expenses were ThCh$231,028,169 and ThCh$280,739,362, respectively. See Note 29. |
Current Tax Assets and Liabilit
Current Tax Assets and Liabilities | 12 Months Ended |
Dec. 31, 2018 | |
CURRENT TAX ASSETS AND LIABILITIES | |
Current Tax Assets and Liabilities | 14. CURRENT TAX ASSETS AND LIABILITIES. The detail of current tax assets and liabilities as of December 31, 2018 and 2017, is as follows: As of December 31, 2018 2017 Tax Receivables ThCh$ ThCh$ Monthly provisional tax payments 52,950,410 63,942,847 Tax credit for absorbed profits 46,343,265 13,433,962 Tax credit for training expenses 470,142 261,000 Other — 118,239 Total 99,763,817 77,756,048 The details of accounts payable associated with current taxes as of December 31, 2018 and 2017 are as follows: As of December 31, 2018 2017 Tax Payables ThCh$ ThCh$ Income tax 17,677,920 67,027,507 Total 17,677,920 67,027,507 |
Investments Accounted for Using
Investments Accounted for Using the Equity Method | 12 Months Ended |
Dec. 31, 2018 | |
INVESTMENTS ACCOUNTED FOR USING THE EQUITY METHOD. | |
Investments Accounted for Using the Equity Method | 15. INVESTMENTS ACCOUNTED FOR USING THE EQUITY METHOD. 15.1. Investments accounted for using the equity method a. The following tables present the changes in investments in associates and joint ventures accounted for using the equity method as of December 31, 2018 and 2017: Share of Foreign Other Other Balance as Balance as of Profit Dividends Currency Comprehensive Increase of Taxpayer ID Ownership 1-1-2018 Additions (Loss) Declared Translation Income (Decrease) 12-31-2018 Number Associates and Joint Ventures Country Currency Interest ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ 76.418.940-K GNL Chile S.A. Chile U.S. dollar 3,783,316 — 805,972 (1,884,140) 347,835 — — 3,052,983 76.652.400-1 Centrales Hidroeléctricas De Aysén S.A. (*) Chile Chilean peso — 4,205,233 — 1,734,508 — — — (5,939,741) — 77.017.930-0 Transmisora Eléctrica de Quillota Ltda. Chile Chilean peso 8,818,759 — 654,952 — — — — 9,473,711 Foreign Enel Argentina S.A. Argentina Argentine peso 105,146 — 86,021 — (108,069) — 217,100 300,198 76.364.085-K Energía Marina SpA Chile Chilean peso — (91,213) 137,852 46,639 TOTAL 16,912,454 — 3,190,240 (1,884,140) 239,766 — (5,584,789) 12,873,531 Share of Foreign Other Other Balance as Balance as of Profit Dividends Currency Comprehensive Increase of Taxpayer ID Ownership 1-1-2017 Additions (Loss) Declared Translation Income (Decrease) 12-31-2017 Number Associates and Joint Ventures Country Currency Interest ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ 76.418.940-K GNL Chile S.A. Chile U.S. dollar 3,982,934 — 841,957 (743,734) (297,841) — — 3,783,316 76.652.400-1 Centrales Hidroeléctricas De Aysén S.A. (*) Chile Chilean peso 6,441,166 1,943,100 (4,179,033) — — — — 4,205,233 77.017.930-0 Transmisora Eléctrica de Quillota Ltda. Chile Chilean peso 8,222,763 — 595,996 — — — — 8,818,759 Foreign Enel Argentina S.A. Argentina Argentine peso 91,335 — 44,176 — (29,198) (1,490) 323 105,146 TOTAL 18,738,198 1,943,100 (2,696,904) (743,734) (327,039) (1,490) 323 16,912,454 (*) b. Centrales Hidroeléctricas de Aysén S.A. (Hidroaysén) In May 2014, the Committee of Ministers revoked the Environmental Qualification Resolution (“RCA”) of the Centrales Hidroeléctricas de Aysén S.A. project, in which the Company participates by accepting some of the claims filed against this project. It is a public information that this decision was resorted before the Environmental Courts in Valdivia and Santiago. On January 28, 2015, it was made public that the water rights request made by Centrales Hidroeléctricas de Aysén S.A. has been partially rejected in 2008. The Company had expressed its intention to promote at Centrales Hidroeléctricas de Aysén S.A. the defense for water rights and the environmental qualification granted to the project in the corresponding instances, continuing with the judicial actions already started or implementing new administrative or judicial actions that are necessary to this end, and it maintained the belief that hydric resources of the Aysén region are important for the energy development of the country. Nevertheless, there was uncertainty on the recoverability of the investment made so far at Centrales Hidroeléctricas de Aysén S.A., since it depended both on judicial decisions and on definitions in the energy agenda which could not been foreseen , consequently the investment was not included in the portfolio of the Company’s immediate projects. At closing date of fiscal year 2014, the Company recognized an impairment of its participation in Centrales Hidroeléctricas de Aysén S.A. amounting to ThCh$ 69,066,857. On December 7, 2017, an Extraordinary Meeting of shareholders of Centrales Hidroeléctricas de Aysén S.A. was held, in which the early dissolution of the same was agreed and how the liquidation process of the assets of the company will be carried out. The liquidation process contemplated a distribution of assets to its shareholders Enel Generación and Colbún according to their stakes of 51% and 49% respectively. This liquidation process and the corresponding distribution took place on September 7, 2018. The following is the individual balance sheet considered for the liquidation process: CENTRALES HIDROELECTRICAS DE AYSEN S.A. Liquidation Balance Recognized by Enel Generación (51%) 09-07-18 09-07-18 ASSETS ThCh$ ThCh$ CURRENT ASSETS Cash and cash equivalents Current accounts receivable from related parties TOTAL CURRENT ASSETS NON-CURRENT ASSETS Property, plant and equipment TOTAL NON-CURRENT ASSETS TOTAL ASSETS 09-07-18 09-07-18 CURRENT LIABILITIES ThCh$ ThCh$ Other current provisions TOTAL CURRENT LIABILITIES EQUITY Issued capital Retained earnings TOTAL EQUITY TOTAL LIABILITIES AND EQUITY c. Sale GNL Quintero S.A. On June 9, 2016, our subsidiary Enel Generación Chile S.A. agreed and signed a share purchase agreement with Enagás Chile S.p.A. ("Enagás Chile"), a company 100% controlled by Enagás S.A., through which Enagás Chile would acquire all of Enel Generación Chile S.A.'s interest in the associated company GNL Quintero S.A., representing 20% of that company's capital.. The sale of this interest to Enagás Chile was subject to compliance with the usual conditions for this type of transactions, including the failure of the other shareholders of GNL Quintero S.A. to exercise their preferential acquisition right, in accordance with the terms and conditions established in the shareholders' agreement subscribed between the shareholders of said company. On September 14, 2016, after the conditions agreed between the parties had been met, Enel Generación Chile S.A.'s shares in GNL Quintero S.A. were definitively sold and transferred to Enagás Chile. The purchase price amounted to US$197,365,113 (ThCh$132,820,800). 15.2. Investments with significant influence The following tables show financial information as of December 31, 2018 and 2017, from the financial statements of the investments in associates where the Group has significant influence: As of December 31, 2018 % Ownership Current Assets Non-current Assets Current Liabilities Non-current Liabilities Revenues Expenses Profit (Loss) Other Comprehensive Investments with Significant Influence Indirect ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ GNL Chile S.A 75,571,058 267,884 66,679,077 — 707,597,382 (705,179,062) 2,418,157 1,043,609 3,461,766 As of December 31, 2017 % Ownership Current Assets Non-current Current Liabilities Non-current Revenues Expenses Profit (Loss) Other Comprehensive Investments with Significant Influence Indirect ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ GNL Chile S.A 71,254,956 148,950 60,052,823 — 687,399,254 (684,873,130) 2,526,124 (24,472) 2,501,652 None of our associates have published price quotations 15.3. Joint ventures The following tables present information from the financial statements as of December 31, 2018 and 2017, on the main joint ventures: Centrales Hidroeléctricas Transmisora Eléctrica de Aysén S.A. (*) de Quillota Ltda. (—)% 51.0% 50.0% 50.0% 12-31-2018 12-31-2017 12-31-2018 12-31-2017 Financial statement items ThCh$ ThCh$ ThCh$ ThCh$ Total current assets — 355,835 9,360,553 7,793,702 Total non-current assets — 8,030,172 11,530,788 12,036,201 Total current liabilities — 139,182 235,264 440,426 Total non-current liabilities — — 1,708,660 1,751,963 Cash and cash equivalents — 355,446 8,185,391 7,310,296 Revenues — — 3,003,757 2,813,493 Other fixed operating expenses (125,182) (8,144,855) (758,607) (525,471) Depreciation and amortization expense — — (784,364) (782,322) Other Income 3,526,179 — — — Interest income — 24,829 187,601 — Income tax expense — — (349,848) (313,709) Profit (loss) 3,400,997 (8,193,671) 1,309,903 1,191,991 Other comprehensive income — — — — Comprehensive income 3,400,997 (8,193,671) 1,309,903 1,191,991 (*) See Notes 2.6 and 15.1.b. - There are no significant commitments and contingencies, or restrictions on funds transfers to its owners in associates and joint ventures. |
Intangible Assets Other than Go
Intangible Assets Other than Goodwill | 12 Months Ended |
Dec. 31, 2018 | |
INTANGIBLE ASSETS OTHER THAN GOODWILL. | |
Intangible Assets Other than Goodwill | 16. INTANGIBLE ASSETS OTHER THAN GOODWILL. The following table presents intangible assets as of December 31, 2018 and 2017: As of December 31, 2018 2017 Intangible Assets, Net ThCh$ ThCh$ Intangible Assets, Net 115,372,393 55,170,904 Easements and water rights 17,736,954 12,608,950 Concessions 25,953,878 — Patents, Registered Trademarks and Other Rights 7,394 — Computer software 60,067,635 38,254,793 Other identifiable intangible assets 11,606,532 4,307,161 2018 2017 Intangible Assets, Gross ThCh$ ThCh$ Intangible Assets, Gross 206,047,864 118,593,240 Easements and water rights 22,011,401 14,598,701 Concessions 32,055,825 — Patents, Registered Trademarks and Other Rights 12,484 — Computer software 133,931,876 93,260,355 Other identifiable intangible assets 18,036,278 10,734,184 2018 2017 Intangible Assets, Amortization and Impairment ThCh$ ThCh$ Accumulated Amortization and Impairment, Total (90,675,471) (63,422,336) Easements and water rights (4,274,447) (1,989,751) Concessions (6,101,947) — Patents, Registered Trademarks and Other Rights (5,090) — Computer software (73,864,241) (55,005,562) Other identifiable intangible assets (6,429,746) (6,427,023) The reconciliations of the carrying amounts of intangible assets at December 31, 2018 and 2017 are as follows: Easements Concessions Patents, Registered Trademarks and Other Rights Computer Other Identifiable Intangible Assets Intangibles Assets, Changes in Intangible Assets ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Opening balance January 1, 2018 12,608,950 — — 38,254,793 4,307,161 55,170,904 Changes in identifiable intangible assets Increases (decreases) other than from business combinations 2,721 — 12,484 25,759,609 — 25,774,814 Acquisitions made through business combination — 30,077,961 — 2,113,933 9,594,267 41,786,161 Increase (decrease) from exchange differences, net 769,421 2,033,761 — 4,111,021 — 6,914,203 Amortization (1) (347,397) (4,109,453) (5,090) (7,750,745) (2,723) (12,215,408) Increases (decreases) from transfers and other changes 5,213,240 2,048,391 — (866,790) (2,298,059) — Increases (decreases) from transfers 5,213,240 2,048,391 — (866,790) (2,298,059) — Disposals and removal from service (509,981) — — — — (509,981) Removals from service (509,981) — — — — (509,981) Decreases to be classified as held for sale — — — — — — Argentina Hyperinflation Effect — — — — Increase (decrease) — — — (1,554,366) 5,886 (1,548,480) Total changes in identifiable intangible assets 5,128,004 25,953,878 7,394 21,812,842 7,299,371 60,201,489 Closing balance December 31, 2018 17,736,954 25,953,878 7,394 60,067,635 11,606,532 115,372,393 Easements Concessions Patents, Registered Trademarks and Other Rights Computer Other Identifiable Intangible Assets Intangibles Assets, Changes in Intangible Assets ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Opening balance January 1, 2017 12,564,076 — — 27,591,694 4,314,980 44,470,750 Changes in identifiable intangible assets Increases (decreases) other than from business combinations 295,588 — — 17,466,436 — 17,762,024 Increase (decrease) from exchange differences, net — — — — (115) (115) Amortization (1) — — — (6,803,337) (7,704) (6,811,041) Increases (decreases) from transfers and other changes (250,714) — — — — (250,714) Increases (decreases) from transfers (250,714) — — — — (250,714) Total changes in identifiable intangible assets 44,874 — — 10,663,099 (7,819) 10,700,154 Closing balance December 31, 2017 12,608,950 — — 38,254,793 4,307,161 55,170,904 (1) See Note 31. According to the Group management’s estimates and projections, the expected future cash flows attributable to intangible assets allow the recovery of the carrying amount of these assets recorded as of December 31, 2018 (See Note 3.e). As of December 31, 2018 and 2017, there are no significant intangible assets with an indefinite useful life. |
Goodwill
Goodwill | 12 Months Ended |
Dec. 31, 2018 | |
GOODWILL. | |
Goodwill | 17. GOODWILL. The following table shows goodwill by the Cash-Generating Unit or group of Cash-Generating Units to which it belongs and changes as of December 31, 2018 and 2017: Opening Balance Increase/ Closing Balance Increase/ Foreign currency exchange difference Closing Balance 12-31-2018 Company Cash Generating Unit ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Empresa Eléctrica de Colina Ltda. Empresa Eléctrica de Colina Ltda. 2,240,478 — 2,240,478 — — 2,240,478 Enel Distribución Chile S.A. Enel Distribución Chile 128,374,362 — 128,374,362 — — 128,374,362 Enel Generación Chile S.A. Enel Generación Chile 731,782,459 — 731,782,459 — — 731,782,459 GasAtacama Chile Enel Generación Chile 24,860,356 — 24,860,356 — — 24,860,356 Enel Chile S.A. Empresa Eléctrica Panguipulli S.A — — — 17,543,347 2,603,476 20,146,823 Enel Green power Chile Ltda. Geotérmica del Norte — — — 65,871 9,775 75,646 Enel Green power Chile Ltda. Parque Eólico Talinay Oriente — — — 6,587,064 977,537 7,564,601 Total 887,257,655 — 887,257,655 24,196,282 3,590,788 915,044,725 According to the Group management’s estimates and projections, the expected future cash flows projections attributable to the Cash-Generating Units or groups of Cash-Generating Units, to which the acquired goodwill has been allocated, allow recovery of its carrying amount as of December 31, 2018 (See Note 3.e). The origin of the goodwill is detailed below: 1.- Empresa Eléctrica de Colina Ltda. On September 30, 1996, Enel Distribución Chile S.A. acquired 100% of Empresa Eléctrica de Colina Ltda. from the investment company Saint Thomas S.A., which is neither directly nor indirectly related to Enel Distribución Chile S.A. 2.- Enel Distribución Chile S.A. In November 2000, Enel Américas S.A. acquired an additional 25.4% ownership interest in Enel Distribución Chile S.A. in a public bidding process, reaching a 99.99% ownership interest in the company. 3.- Enel Generación Chile S.A. On May 11, 1999, Enel Américas S.A. acquired an additional 35% in Enel Generación Chile S.A. in a public bidding process on the Santiago Stock Exchange and by buying shares in the U.S. (30% and 5%, respectively), reaching a 60% ownership interest in the generation company. 4.- GasAtacama Chile S.A. (Formerly named Inversiones GasAtacama Holding Limitada) On April 22, 2014, Enel Generación Chile S.A. acquired the remaining 50% equity interest in GasAtacama Chile S.A that was owned at that time by Southern Cross Latin America Private Equity Fund III L.P. 5.- Empresa Eléctrica Pangue S.A. (Currently named GasAtacama Chile S.A.) On July 12, 2002, Enel Generación Chile S.A. acquired 2.51% of the shares of Empresa Eléctrica Pangue S.A. through a put option held by the minority shareholder International Finance Corporation (IFC). On May 2, 2012, Empresa Eléctrica Pangue S.A. merged with Compañía Eléctrica San Isidro S.A., with the latter company being the surviving entity. 6.- Compañía Eléctrica San Isidro S.A. (Currently named GasAtacama Chile S.A.) On August 11, 2005, Enel Generación Chile S.A. acquired the shares of Inversiones Lo Venecia Ltda., whose only asset was a 25% interest in Compañía Eléctrica San Isidro S.A. (acquisition of non-controlling interests). On September 1, 2013, Compañía Eléctrica San Isidro S.A. was merged with Endesa Eco S.A., the latter being the surviving entity. On November 1, 2013, Endesa Eco S.A. was merged with Compañía Eléctrica Tarapacá, the latter being the surviving entity. Subsequently, on November 1, 2016, Compañía Eléctrica Tarapacá S.A. was merged with GasAtacama Chile S.A. with the latter being the surviving company. 7.- Enel Green Power Chile Ltda. On March 26, 2013, Enel Green Power Chile Ltda. acquired an ownership interest in Parque Eólico Talinay Oriente S.A.. On August 6, 2001, Enel Green Power Chile Ltda. acquired an ownership interest in Empresa Eléctrica Panguipulli S.A. and Empresa Eléctrica Puyehue S.A., which later merged with Panguipulli, with the latter being the legal surviving company. |
Property, Plant and Equipment
Property, Plant and Equipment | 12 Months Ended |
Dec. 31, 2018 | |
PROPERTY, PLANT AND EQUIPMENT | |
Property, Plant and Equipment | 18. PROPERTY, PLANT AND EQUIPMENT. The following table shows property, plant and equipment as of December 31, 2018 and 2017: As of December 31, 2018 2017 Classes of Property, Plant and Equipment, Net ThCh$ ThCh$ Property, Plant and Equipment, Net 5,308,647,633 3,585,687,137 Construction in progress 862,274,093 666,590,543 Land 74,753,283 67,485,380 Buildings 384,027,047 12,793,641 Generation Plant and equipment 3,143,869,929 2,080,903,064 Network infrastructure 764,095,247 683,120,815 Fixtures and fittings 61,973,362 56,284,762 Other property, plant and equipment under financial lease 17,654,672 18,508,932 2018 2017 Classes of Property, Plant and Equipment, Gross ThCh$ ThCh$ Property, Plant and Equipment, Gross 8,747,182,818 6,726,796,186 Construction in progress 862,274,093 666,590,543 Land 74,753,283 67,485,380 Buildings 470,833,768 28,382,234 Generation Plant and equipment 5,824,130,347 4,636,175,749 Network infrastructure 1,318,208,218 1,151,951,280 Fixtures and fittings 168,223,078 147,450,968 Other property, plant and equipment under financial lease 28,760,031 28,760,032 Classes of Accumulated Depreciation and Impairment in Property, Plant and Equipment 2018 2017 ThCh$ ThCh$ Total Accumulated Depreciation and Impairment in Property, Plant and Equipment (3,438,535,185) (3,141,109,049) Buildings (86,806,721) (15,588,593) Generation Plant and equipment (2,680,260,418) (2,555,272,685) Network infrastructure (554,112,971) (468,830,465) Fixtures and fittings (106,249,716) (91,166,206) Other property, plant and equipment under financial lease (11,105,359) (10,251,100) The detail and changes in property, plant, and equipment at December 31, 2018 and 2017, are as follows: Construction Land Buildings Generation Network Fixtures and Other Property, Property, Plant and Changes in 2018 ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Opening balance January 1, 2018 666,590,543 67,485,380 12,793,641 2,080,903,064 683,120,815 56,284,762 18,508,932 3,585,687,137 Changes: Increases other than from business combinations 321,183,398 5,893,739 1,000,411 1,638,436 2,455 1,079,102 — 330,797,541 Acquisitions through business combinations 44,088,988 623,052 329,152,208 941,871,560 47,727,579 2,018,760 368,008 1,365,850,155 Increases (decreases) from exchange differences, net 14,849,366 50,004 46,040,633 128,411,179 6,928,376 1,320,949 22,471 197,622,978 Depreciation (1) — — (13,795,237) (149,266,709) (32,011,964) (7,040,907) (857,075) (202,971,892) Increases (decreases) from transfers and other changes (193,895,804) — 12,450,092 146,447,942 32,105,004 2,914,698 (21,932) — Increases (decreases) for transfers (193,895,804) — 12,450,092 146,447,942 32,105,004 2,914,698 (21,932) — Disposals and removals from service — (5,411) — (90,513) (1,132,103) (1) — (1,228,028) Disposals — — — (90,513) (436,956) — — (527,469) Removals from service — (5,411) — — (695,147) (1) — (700,559) Other increases (decreases) 9,457,602 706,519 (3,614,701) (7,957,859) 27,355,085 5,395,999 (365,732) 30,976,913 Argentina Hyperinflationary Effect — — — 1,912,829 — — — 1,912,829 Total changes 195,683,550 7,267,903 371,233,406 1,062,966,865 80,974,432 5,688,600 (854,260) 1,722,960,496 Closing balance December 31, 2018 862,274,093 74,753,283 384,027,047 3,143,869,929 764,095,247 61,973,362 17,654,672 5,308,647,633 Construction progress Land Buildings Generation Network Fixtures and Other Property, Property, Plant and Changes in 2017 ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Opening balance January 1, 2017 688,387,124 66,868,119 13,020,474 2,033,720,809 613,443,219 41,325,699 19,363,190 3,476,128,634 Changes: Increases other than from business combinations 281,007,995 — — — — 2,811,255 — 283,819,250 Increases (decreases) from exchange differences, net (101,444) (25,624) (44,699) (336,622) — (83,651) — (592,040) Depreciation (1) — — (717,851) (107,292,353) (32,061,242) (4,947,361) (854,258) (145,873,065) Increases (decreases) from transfers and other changes (273,509,759) 776,933 439,284 155,711,630 99,419,024 17,162,888 — — Increases (decreases) from transfers from constructions in progress (273,509,759) 776,933 439,284 155,711,630 99,419,024 17,162,888 — — Disposals and removals from service (30,255,180) (31,447) (154,623) (1,704,924) (1,023,777) (22,280) — (33,192,231) Disposals (5,099,800) (31,447) — (435,327) (18,555) — — (5,585,129) Removals from service (25,155,380) — (154,623) (1,269,597) (1,005,222) (22,280) — (27,607,102) Other increases (decreases) 1,061,807 (102,601) 251,056 804,524 3,343,591 38,212 — 5,396,589 Total changes (21,796,581) 617,261 (226,833) 47,182,255 69,677,596 14,959,063 (854,258) 109,558,503 Closing balance December 31, 2017 666,590,543 67,485,380 12,793,641 2,080,903,064 683,120,815 56,284,762 18,508,932 3,585,687,137 (1) See Note 31. Additional information on property, plant and equipment, net a) Main investments Major additions to property, plant and equipment are investments in operating plants and new projects amounting to ThCh$330,797,541 and ThCh$283,819,250 for the years ended December 31, 2018 and 2017, respectively. In the generation business the advances in the new capacity program are included such as the advances in the construction of the Los Cóndores Hydroelectric Plant, which will use the resources of the Maule Lagoon and will have an installed capacity of approximately 150 MW. Additions related to this project amounted ThCh$142,578,993 for the year ended December 31, 2018 (ThCh$102,515,924 for the year ended December 31, 2017), while in the distribution business, the main investments are extensions and investments in networks to optimize their operation, in order to improve the efficiency and quality of service level, for ThCh$84,727,900 for the year ended December 31, 2018 (ThCh$79,028,802 for the year ended December 31, 2017). In the case of Grupo Enel Green Power Chile, the main projects correspond to Cerro Pabellón and Renaico, with investments of ThCh$1,709,473 (ThUS$2,463) and ThCh$322,993 (ThUS$465) for the year ended December 31, 2018, belonging to the subsidiaries Geotérmica del Norte S.A. and Enel Green Power del Sur SpA, respectively. b) Capitalized expenses b.1) Borrowing costs Capitalized borrowing costs were ThCh$6,435,646 and ThCh$4,078,463 for the years ended December 31, 2018 and 2017 respectively (See Note 34). The weighted average borrowing rate was in a range of 7.71% and 7.12% as of December 31, 2018 (7.12% and 7.95% as of December 31, 2017) b.2) Employee expenses capitalized Employee expenses capitalized that are directly attributable to constructions in progress were ThCh$16,710,963, ThCh$14,388,987 and ThCh$16,096,852 during the years ended December 31, 2018,2017 and 2016, respectively. c) Finance leases As of December 31, 2018 and 2017, property, plant and equipment includes ThCh$17,654,672 and ThCh$18,508,932 respectively, in leased assets classified as finance leases. The present value of future lease payments derived from these finance leases is as follows: As of December 31, 2018 2017 Gross Interest Present Value Gross Interest Present Value ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Less than one year 2,779,080 612,806 2,166,274 2,459,000 659,212 1,799,788 From one to five years 13,284,596 974,420 12,310,176 9,836,000 1,244,808 8,591,192 More than five years — — — 4,377,544 159,610 4,217,934 Total 16,063,676 1,587,227 14,476,450 16,672,544 2,063,630 14,608,914 Leased assets primarily relate to a lease agreement for Electric Transmission Lines and Installations (Ralco-Charrúa 2X220 KV) entered into between Enel Generación Chile S.A. and Transelec S.A. The lease agreement has a 20‑year maturity and bears interest at an annual rate of 6.5%. d) Operating leases The consolidated statements of income for the years ended December 31, 2018 and 2017 include ThCh$4,494,358, ThCh$2,969,436 respectively, corresponding to operating lease contracts for material assets in operation. As of December 31, 2018 and 2017, the total future lease payments under those contracts are as follows: As of December 31, 2018 2017 ThCh$ ThCh$ Less than one year 3,234,700 1,975,728 From one to five years 10,943,060 6,954,425 More than five years 33,237,374 1,345,183 Total 47,415,134 10,275,337 e) Other information (i) As of December 31, 2018 and 2017, the Group had contractual commitments for the acquisition of property, plant and equipment amounting to ThCh$269,176,169 and ThCh$376,627,392, respectively. (ii) As of December 31, 2018 and 2017, the Group does not have property, plant and equipment pledged as security for liabilities. (iii) The Group and its consolidated entities have insurance policies for all risks, earthquake and machinery breakdown and damages for business interruption with a €1,000 million (ThCh$794,750,000) limit in the case of generating companies and a €50 million (ThCh$39,737,500) limit for distribution companies and a €1,000 million (ThCh$$794,750,000) limit for EGP Group, including business interruption coverage. Additionally, the Group has Civil Liability insurance to meet claims from third parties with a €500 million (ThCh$397,375,000) limit and environmental damages amounting to M€20 (ThCh$15,895,000). The insurance premiums associated with these policies are presented proportionally for each company in the caption “Prepaid expenses”. (iv) The condition of certain assets of our subsidiary Enel Generación Chile S.A. changed, primarily works and infrastructure for facilities built to support power generation in the SIC grid in 1998, due primarily to the installation in the SIC of new thermoelectric plants, the arrival of LNG, and new other projects. As such, a new supply configuration for the upcoming years, in which it is expected that these facilities will not be used. Therefore, in 2009, Enel Generación Chile S.A. recognized an impairment loss of ThCh$43,999,600 for these assets, which is still has not reversed. (v) At the end of 2014, the Group recognized an impairment loss of ThCh$12,581,947 related to the Punta Alcalde project. This impairment loss was triggered because the current definition of the project is not fully aligned with the strategy that the Company is reformulating; particularly, with regard to technological leadership, and to community and environmental sustainability. The Company has decided to suspend the project as its profitability is still unclear (see note 3.e). (vi) As of December 31, 2015, Enel Generación Chile recognized an impairment loss of ThCh$2,522,445 related to the wind project Waiwen. This loss was a result of new assessment of the feasibility of the project performed by the Company and a conclusion that, under existing conditions to date, its profitability is uncertain. (vii) In line with its sustainability strategy and in order to develop community relationships, Enel Generación Chile S.A. has decided to research new design alternatives for the Neltume project, in particular regarding the issue of the discharge of Lake Neltume, which has been raised by the communities in the various instances of dialogue. To start a new phase of research of an alternative project, which includes the discharge of water on the Fuy River in late December 2015, the Company withdrew the Environmental Impact Study. This decision applies only to the portion of the Neltume project related to the power plant and not to portion related to the transmission project, which continues its course on handling in the Environmental Assessment Service. As a result of the above, as of December 31, 2015, Enel Generación Chile S.A. recognized a loss of ThCh$2,706,830, associated with the write down of certain assets related to Environmental Impact Study, which has been withdrawn and to other studies directly linked to the old design of assets. Consequently, in line with the new sustainability strategy and as a result of sustained dialog with the communities, Enel Generación Chile’s projects in the territory, namely Neltume and Choshuenco, have good prospects from a social community point of view. Nonetheless, given the current condition of the Chilean electricity market, expected profitability of the Neltume and Choshuenco projects is lower than the total capitalized investment in them. As a result, at the end of 2016, Enel Generación Chile recognized an impairment loss of ThCh$20,459,461 associated with the Neltume project and ThCh$3,748,124 associated with the Choshuenco project. At the end of the fiscal year 2017, following an analysis during the last months, Enel Generación Chile determined to abandon the Neltume project; a decision justified mainly by the high-sustained competitiveness in the Chilean electricity market, which was ratified in November 2017 with the result of the last tender of Electric Distributors. Added to the above, there is the time associated with developing the alternative water discharge, considering a period of no less than 5 years, given the necessity to request and obtain a transfer of the current Water Right and commission a new study for environmental impact. The abandonment implied the recognition of a ThCh$21,975,641 loss, with the purpose of reducing to zero the net book value of the assets associated with the project. Additionally, the Company also decided to abandon the Choshuenco project, mainly because the strong synergies considered with the Neltume hydroelectric project would not exist anymore and make it not viable. This decision involved recognizing a loss of ThCh$3,130,270, with the purpose of reducing the net book value of the assets associated with the project to zero. (viii) On August 31, 2016, Enel Generación Chile decided to withdraw from the water rights associated with the hydroelectric projects Bardón, Chillan 1, Chillan 2, Futaleufú, Hechún and Puelo. This decision was made because of, among other evaluation aspects, the high annual maintenance cost of these unused water rights, lack of technical and economic feasibility and insufficient local communities support. As a result, the Group wrote off a total amount of ThCh$ 32,834,160 of property, plant and equipment and ThCh$ 2,549,926 of intangible assets, which represent 100% of the related costs previously capitalized. (ix) As of December 31, 2016, Enel Generación Chile recognized an impairment loss of ThCh$ 6,577,946 associated with certain Non-Conventional Renewable Energy (“NCRE”) initiatives, such as wind, mini-hydro, biomass and solar projects. These initiatives deal with collection of natural resources data (wind speed, solar radiation, etc.) as well as engineering studies enabling the Company to perform and support technical and economical assessments in order to visualize their perspectives and decide on future steps. The results of the studies have not been entirely satisfactory, mainly due to the current conditions in the Chilean electricity market, as future viability of the NCRE projects is uncertain. As a result, Enel Generación Chile recognized an impairment loss for 100% of the capitalized investments to date in NCRE projects. On the other hand, Enel Generación Chile decided to write off 100% of capitalized investment in two thermal projects that until now were held in its portfolio. These are the Tames and Totoralillo projects, which were being developed within the framework of the public land concessions bidden by the National Heritage Ministry in 2013. The amount of the write-off was ThCh$ 1,096,137 and arose as a result of the current conditions in the Chilean electricity market, lack of future viability of this type of technology (steam-coal) and high development costs, which make these projects unfeasible. In addition, Enel Generación Chile recognized a provision of ThCh$2,244,900 for the fines to be paid upon withdrawing from the concessions related to these projects. During fiscal year 2017, the Ministry of National Assets and Enel Generación Chile resolved to extinguish the onerous concessions by mutual agreement, and fines were not applied. |
Investment Property
Investment Property | 12 Months Ended |
Dec. 31, 2018 | |
INVESTMENT PROPERTY. | |
Investment Property | 19. INVESTMENT PROPERTY. The detail and changes in investment property during the years ended December 31, 2018 and 2017, are as follows: Investment Gross Accumulated Investment Investment Properties ThCh$ ThCh$ ThCh$ Balance at January 1, 2017 8,938,662 (810,140) 8,128,522 Depreciation expense — (22,465) (22,465) Other increases (decreases) 250,715 — 250,715 Balance at December 31, 2017 9,189,377 (832,605) 8,356,772 Depreciation expense — (19,591) (19,591) Impairment (*) — (779,825) (779,825) Balance at December 31, 2018 9,189,377 (1,632,021) 7,557,356 (*) See Note 31. There were no investment properties disposed of during the periods ended December 31, 2018 and 2017. Fair value measurement and hierarchy As of December 31, 2018, the fair value of the Group’s investment properties was ThCh$8,228,673 (ThCh$9,758,782 as of December 31, 2017) which was determined using independent appraisals. The fair value measurement for these investment properties was categorized as Level 3 within the fair value hierarchy. The following is the fair value hierarchy of investment properties: Fair value measured at the end of the reporting period using: Level 1 Level 2 Level 3 ThCh$ ThCh$ ThCh$ Investment properties — — 8,228,673 See Note 3.h. For the years ended December 31, 2018, 2017 and 2016, the detail of income and expenses from investment properties is as follows: For the years ended December 31, 2018 2017 2016 Income and expense from investment properties ThCh$ ThCh$ ThCh$ Rental income from investment properties 204,166 192,719 167,429 Direct operating expense from investment properties generating rental income (56,327) (78,367) (71,339) Total 147,839 114,352 96,090 The Group has no repair, maintenance, acquisition, construction or development agreements that represent future obligations for the Group as of December 31, 2018. The Group has insurance policies to cover operational risks of its investment properties, as well as to cover legal claims against the Group that could potentially arise from exercising its business activity. Management considers that the insurance policy coverage is sufficient against the risks involved. |
Income Tax and Deferred Taxes
Income Tax and Deferred Taxes | 12 Months Ended |
Dec. 31, 2018 | |
INCOME TAX AND DEFERRED TAXES | |
Income Taxes | 20. INCOME TAX AND DEFERRED TAXES. a) Income taxes The following table presents the components of the income tax expense / (benefit) for the years ended December 31, 2018, 2017 and 2016: For the years ended December 31, 2018 2017 2016 Current Income Tax and Adjustments to Current Income Tax for Previous Periods ThCh$ ThCh$ ThCh$ Current income tax (47,354,780) (162,820,181) (162,033,295) Adjustments to current tax from the previous period (6,304,285) (1,127,646) (710,740) Other current tax benefit / (expense) (61,507,252) 15,934,106 21,380,071 Current tax expense, net (115,166,317) (148,013,721) (141,363,964) Benefit / (expense) from deferred taxes for origination and reversal of temporary differences (43,134,500) 4,671,420 29,960,782 Adjustments to deferred taxes from the previous period 4,818,298 — — Total deferred tax benefit / (expense) (38,316,202) 4,671,420 29,960,782 Income tax expense (153,482,519) (143,342,301) (111,403,182) The following table reconciles income taxes resulting from applying the local current tax rate to “Net income before taxes” and the actual income tax expense recorded in the accompany Consolidated Statement of Comprehensive Income for the years ended December 31, 2018, 2017 and 2016: 12-31-2018 12-31-2017 12-31-2016 Reconciliation of Tax Expense Rate ThCh$ Rate ThCh$ Rate ThCh$ ACCOUNTING INCOME BEFORE TAX 566,330,276 666,760,212 676,674,298 Total tax income (expense) using statutory rate (152,909,175) (170,023,854) (162,401,830) Tax effect of rates applied in other countries — — 328,968 Tax effect of non-taxable operations 1,746,052 37,774,743 44,163,296 Tax effect of non-tax-deductible expenses (12,786,965) (20,737,858) (14,392,926) Tax effect of adjustments to taxes in previous periods (6,304,285) (1,127,646) (710,740) Adjustments for prior periods deferred taxes 4,818,298 — — — — Price level restatement for tax purposes (investments and equity) 11,953,556 10,443,346 21,939,018 Total adjustments to tax expense using statutory rate (0.10)% (573,344) 26,681,553 50,998,648 Income tax benefit (expense) (153,482,519) (143,342,301) (111,403,182) b) Deferred taxes The origination and changes in deferred tax assets and liabilities as of December 31, 2018 and 2017, are as follows: December 31, 2018 December 31, 2017 Assets Liabilities Assets Liabilities Deferred Tax Assets (Liabilities) ThCh$ ThCh$ ThCh$ ThCh$ Accumulated depreciation 9,636,857 (359,613,258) 162,315 (263,847,598) Post-employment benefit obligations 6,131,110 (421,462) 6,336,920 (364,925) Tax loss carryforwards 36,921,157 — 9,536,102 — Provisions 55,080,385 — 39,890,472 — Dismantling Provision 23,627,264 — 17,411,395 — Provision for Civil Contingencies 4,108,710 — 3,762,772 — Provision Contingencies Workers 430,900 — 5,989 — Provision for doubtful trade accounts 13,253,612 — 11,976,401 — Provision of Human Resources accounts 7,432,939 — 6,497,206 — Other Provisions 6,226,960 — 236,709 — Other Deferred Taxes 14,277,897 (20,921,510) 49,635,500 (10,734,675) Capitalization of financial expenses — (11,202,063) — (4,780,923) Recoverable taxes — — 10,491,314 — Investments accounted for using the equity method - Hidroaysen — — 30,938,736 — Argentina Hyperinflationary Effect — (425,687) — — Other Deferred Taxes 14,277,897 (9,293,760) 8,205,450 (5,953,752) Deferred Tax Assets/Liabilities before compensation 122,047,406 (380,956,230) 105,561,309 (274,947,198) Compensation of Assets (Liabilities) for deferred taxes (102,876,176) 102,876,176 (102,723,517) 102,723,517 Deferred Tax Assets (Liabilities) after compensation 19,171,230 (278,080,054) 2,837,792 (172,223,681) Changes 2018 Opening balance Effects first application IFRS 9 and IAS 29 Net balance restated as of January 1, 2018 Increase (decrease) in profit or loss Increase (decrease) in other comprehensive income Acquisitions Through Business Combinations Foreign currency Other increases Closing balance Deferred Tax Assets (Liabilities) ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Accumulated depreciation (263,685,283) — (263,685,283) (3,851,978) — (74,336,810) (10,342,994) 2,240,664 (349,976,401) Post-employment benefit obligations 5,971,995 — 5,971,995 (250,223) (10,228) — — (1,896) 5,709,648 Tax loss carryforwards 9,536,102 — 9,536,102 (3,278,563) 32,058,724 2,831,404 (4,226,510) 36,921,157 Provisions 39,890,472 1,261,836 41,152,308 4,032,271 — 5,183,782 973,961 3,738,063 55,080,385 Dismantling Provision 17,411,395 — 17,411,395 4,442,928 — 1,707,519 59,520 5,902 23,627,264 Provision for Civil Contingencies 3,762,772 — 3,762,772 306,893 — — 39,045 — 4,108,710 Provision Contingencies Workers 5,989 — 5,989 333,704 — 8,016 83,191 — 430,900 Provision for doubtful trade accounts 11,976,401 1,261,836 13,238,237 13,646 — 3,434 989 (2,694) 13,253,612 Provision of Human Resources accounts 6,497,206 — 6,497,206 178,162 — 70,795 686,776 — 7,432,939 Other Provisions 236,709 236,709 (1,243,062) — 3,394,018 104,440 3,734,855 6,226,960 Other Deferred Taxes 38,900,825 (213,442) 38,687,383 (34,967,709) 111 — — (10,363,398) (6,643,613) Capitalization of financial expenses (4,780,923) — (4,780,923) (6,421,139) — — — — (11,202,062) Recoverable taxes 10,491,314 — 10,491,314 — — — — (10,491,314) — Investments accounted for using the equity method - Hidroaysen 30,938,736 — 30,938,736 (30,938,736) — — — — — Argentina Hyperinflation Effect — (213,442) (213,442) (212,245) — — — — (425,687) Other Deferred Taxes 2,251,698 — 2,251,698 2,604,411 111 — — 127,916 4,984,136 Deferred Tax Assets (Liabilities) (169,385,889) 1,048,394 (168,337,495) (38,316,202) (10,117) (37,094,304) (6,537,629) (8,613,077) (258,908,824) Changes 2017 Opening balance Increase (decrease) in profit or loss Increase (decrease) in other Acquisitions Through Business Combinations Foreign currency Other increases Closing balance Deferred Tax Assets (Liabilities) ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Accumulated depreciation (240,908,311) (22,836,691) — — 61,222 (1,503) (263,685,283) Post-employment benefit obligations 6,215,828 976,808 (463,556) — — (757,085) 5,971,995 Tax loss carryforwards 11,911,396 (2,375,294) — — — — 9,536,102 Provisions 36,443,610 2,940,867 — — — 505,995 39,890,472 Dismantling Provision 15,605,650 1,805,745 — — — — 17,411,395 Provision for Civil Contingencies 1,433,216 2,329,556 — — — — 3,762,772 Provision Contingencies Workers — 5,989 — — — — 5,989 Provision for doubtful trade accounts 10,812,893 1,163,508 — — — — 11,976,401 Provision of Human Resources accounts 6,675,436 (81,698) — — — (96,532) 6,497,206 Other Provisions 1,916,415 (2,282,233) — — — 602,527 236,709 Other Deferred Taxes 8,769,200 25,965,730 (497) — (28,356) 4,194,748 38,900,825 Capitalization of financial expenses (5,101,367) 320,444 — — — — (4,780,923) Recoverable taxes 10,295,696 — — — — 195,618 10,491,314 Investments accounted for using the equity method - Hidroaysen — 30,938,736 — — — — 30,938,736 Other Deferred Taxes 3,574,871 (5,293,450) (497) — (28,356) 3,999,130 2,251,698 Deferred Tax Assets (Liabilities) (177,568,277) 4,671,420 (464,053) — 32,866 3,942,155 (169,385,889) Recovery of deferred tax assets will depend on whether sufficient tax profits will be obtained in the future. The Group believes that the future profit projections for its subsidiaries will allow these assets to be recovered. c) As of December 31, 2018 and 2017, the Group has not recognized deferred tax assets related to tax losses in the amount of ThCh $ 3,930,370 (ThCh $ 0 as of December 31, 2017) (See Note 3.p). The Group has not recognized deferred tax liabilities for taxable temporary differences associated with investments in subsidiaries and joint ventures, as it is able to control the timing of the reversal of the temporary differences and considers that it is probable that such temporary differences will not reverse in the foreseeable future. As of December 31, 2018 and 2017, the aggregate of taxable temporary differences associated with investments in subsidiaries and joint ventures for which deferred tax liabilities have not been recognized totaled ThCh$896,532,229 and ThCh$1,143,608,396, respectively. Additionally, the Group has not recognized deferred tax asset for deductible temporary differences which as of December 31, 2018 and 2017, totaled ThCh$744,768,294 and ThCh$257,883,751, respectively, as it is not probable that sufficient future taxable profits exist to recover such temporary differences. The Group entities are potentially subject to income tax audits by the Chilean tax regulator and are limited to three tax years after which tax audits over those years can no longer be performed. Tax audits by nature are often complex and can require several years to complete. The tax years potentially subject to examination are 2016 through 2018. Enel Chile was incorporated on March 1, 2016, therefore, the tax years potentially subject to audit are the years 2016 to 2018. Given the range of possible interpretations of tax standards, the results of any future inspections carried out by Chilean tax authority for the years subject to audit can give rise to tax liabilities that cannot currently be quantified objectively. Nevertheless, management estimates that the liabilities, if any, that may arise from such tax audits, would not significantly impact the Group’s future results. The effects of deferred tax on the components of other comprehensive income for the years ended December 31, 2018 and 2017, are as follows: For the years ended December 31, 2018 2017 2016 Effects of Deferred Tax on the Components of Amount Before Income Tax Amount After Amount Before Income Tax Amount After Amount Before Income Tax Amount After Other Comprehensive Income ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Available-for-sale financial assets (411) 111 (300) 1,840 (497) 1,343 (6,740) 1,820 (4,920) Cash flow hedge (221,906,855) 60,650,786 (161,256,069) 97,558,961 (25,701,599) 71,857,362 89,068,357 (21,116,232) 67,952,125 Share of other comprehensive income from associates and joint ventures accounted for using the equity method — — (1,490) — (1,490) (11,691,509) — (11,691,075) Foreign currency translation 107,492,316 — 107,492,316 (3,686,549) — (3,686,549) (3,532,410) — (3,532,844) Actuarial gains(losses) on defined-benefit pension plans 37,881 (10,228) 27,653 1,716,875 (463,556) 1,253,319 (6,618,514) 1,786,999 (4,831,515) Income tax related to components of other comprehensive income (114,377,069) 60,640,669 (53,736,400) 95,589,637 (26,165,652) 69,423,985 67,219,184 (19,327,413) 47,891,771 The following table is a reconciliation of the movement of deferred taxes between the balance sheet and income taxes in other comprehensive income as of December 31, 2018 and 2017. For the years ended December 31, 2018 2017 2016 Reconciliation of changes in deferred taxes of components of other comprehensive income ThCh$ ThCh$ ThCh$ Total increases (decreases) for deferred taxes of other comprehensive income from continuing operations (10,117) (464,053) 1,788,821 Income tax of changes in cash flow hedge transactions 60,650,786 (25,701,599) (21,116,234) Total income tax relating to components of other comprehensive income 60,640,669 (26,165,652) (19,327,413) a) In Chile, Law No. 20,780 was published in the Official Gazette on September 29, 2014. It changes the income tax system and other taxes, by replacing the current tax system in 2017 with two alternative tax systems: the attributed income system and partially integrated system. This law gradually increases the rate of income tax on corporate income. Thus, it increased to 21% in 2014, to 22.5% in 2015 and to 24% in 2016. From 2017 taxpayers choosing the attributed income system are subject to a rate of 25%, while companies choosing the partially integrated system are subject to a rate of 25.5% in 2017 and 27% in 2018. The law also states that corporations will automatically be subject to the partially integrated system unless a future Extraordinary Shareholders’ Meeting agrees to select the attributed income system. Law No. 20,899 was published on February 8, 2016, simplifying the income tax system. This law among its main modifications imposed a partially integrated system as mandatory for corporations, cancelling the previously available attributed income system option. |
Other Financial Liabilities
Other Financial Liabilities | 12 Months Ended |
Dec. 31, 2018 | |
OTHER FINANCIAL LIABILITIES | |
Other Financial Liabilities | 21. OTHER FINANCIAL LIABILITIES. The balances of other financial liabilities as of December 31, 2018 and 2017, are as follows: As of December 31, 2018 2017 Current Non-current Current Non-current Other financial liabilities ThCh$ ThCh$ ThCh$ ThCh$ Interest –bearing borrowings 329,262,093 1,703,044,158 17,255,692 760,932,929 Hedging derivatives (*) 81,195,765 2,629,715 304,278 21,045,216 Non-hedging derivatives (**) 207,957 159,630 1,255,478 — Total 410,665,815 1,705,833,503 18,815,448 781,978,145 (*) (**) 21.1 Interest-bearing borrowings The detail of current and non-current interest-bearing borrowings as of December 31, 2018 and 2017, is as follows: As of December 31, 2018 2017 Current Non-current Current Non-current Classes of Interest-bearing borrowings ThCh$ ThCh$ ThCh$ ThCh$ Bank loans 283,527,689 229,020,029 122 — Unsecured obligations 43,568,129 1,461,713,954 15,455,782 748,123,803 Financial leases 2,166,275 12,310,175 1,799,788 12,809,126 Total 329,262,093 1,703,044,158 17,255,692 760,932,929 Bank loans by currency and contractual maturity as of December 31, 2018 and 2017, are as follows: Summary of bank loans by currency and maturity Current Non-current Maturity Maturity Country Currency Effective Interest Nominal Secured / Unsecured One to three Three to twelve Total Current One to two years Two to three Three to four Four to five Over five years Total Non-Current 12-31-2018 Rate Rate ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Chile US$ 3.51% 3.51% Unsecured 1,350,861 69,439,914 70,790,775 — 104,100,014 124,920,015 — — 229,020,029 Chile Ch$ 4.71% 4.30% Unsecured 212,736,908 212,736,914 — — — — Total 1,350,867 282,176,822 283,527,689 — 104,100,014 124,920,015 — — 229,020,029 Current Non-current Maturity Maturity Country Currency Effective Interest Nominal Secured / Unsecured One to three Three to twelve Total Current One to two years Two to three Three to four Four to five Over five years Total Non-Current 12-31-2017 Rate Rate ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Chile Ch$ 6.00% 6.00% Unsecured 122 — 122 — — — — — — Total 122 — 122 — — — — — — Fair value measurement and hierarchy The fair value of current and non-current bank borrowings as of December 31, 2018 and 2017 totaled ThCh$509,822,541 and ThCh$122, respectively. The fair value measurement of borrowings has been categorized as Level 2 (see Note 3.h). Identification of bank borrowings by company Appendix No.4, letter a), presents details of estimated future cash flows (undiscounted) that the Group will have to disburse to settle the bank loans detailed above. December 31, 2018 Current Non-current Taxpayer ID Company Country Taxpayer ID Financial Institution Country Currency Effective Nominal Amortization Less than More Total One to Two to Three to Four to More Total Non- 96.800.570-7 Enel Distribución Chile S.A. Chile 97.006.000-6 Linea sobregiro (Banco Santander) Chile Ch$ 6.00% 6.00% At maturity 2 — 2 — — — — — — 91.081.000-6 Enel Generación Chile S.A. Chile 97.036.000-K Linea sobregiro (Banco Santander) Chile Ch$ 6.00% 6.00% At maturity 4 — 4 — — — — — — 76.536.353-5 Enel Chile S.A Chile 97.036.000-K Banco Santander Chile Ch$ 3.85% 3.17% At maturity — 65,829,996 65,829,996 — — — — — — 76.536.353-5 Enel Chile S.A Chile 97.004.000-5 Banco de Chile Chile Ch$ 3.85% 3.17% At maturity — 73,453,456 73,453,456 — — — — — — 76.536.353-5 Enel Chile S.A Chile 97.018.001-1 Scotiabank Chile Chile Ch$ 3.85% 3.17% At maturity — 73,453,456 73,453,456 — — — — — — 96.920.110-0 Enel Green Power Chile Ltda Chile 97.080.000-K BBVA Chile US$ 4.14% 4.14% At maturity 814,628 69,400,009 70,214,637 — — — — — — 96.920.110-0 Enel Green Power Chile Ltda Chile 97.080.000-K BBVA Chile US$ 4.17% 4.17% At maturity 158,913 — 158,913 — 104,100,014 — — — 104,100,014 96.920.110-0 Enel Green Power Chile Ltda Chile 59.054.440-K INTER-AMERICAN INVESTIMENT CORPORATION E.E.U.U US$ 1.50% 1.50% At maturity — 39,905 39,905 — — 20,820,002 — — 20,820,002 95.524.140-K Empresa Electrica Panguipulli S.A Chile 97.080.000-K BBVA Chile US$ 4.25% 4.25% At maturity 377,320 — 377,320 — — 104,100,013 — — 104,100,013 Total 1,350,867 282,176,822 283,527,689 — 104,100,014 124,920,015 — — 229,020,029 December 31, 2017 Current Non-current Taxpayer ID Company Country Taxpayer ID Financial Institution Country Currency Effective Nominal Amortization Less than More Total One to Two to Three to Four to More Total Non- 96.800.570-7 Enel Distribución Chile S.A. Chile 97.006.000-6 Banco de Crédito e Inversiones Chile Ch$ 6.00% 6.00% At maturity 13 — 13 — — — — — — 91.081.000-6 Enel Generación Chile S.A. Chile 97.006.000-6 Banco de Crédito e Inversiones Chile Ch$ 6.00% 6.00% At maturity 97 — 97 — — — — — — 91.081.000-6 Enel Generación Chile S.A. Chile 97.036.000-K Banco Santander Chile Ch$ 6.00% 6.00% At maturity 12 — 12 — — — — — — Total 122 — 122 — — — — — — 21.2 Unsecured liabilities The detail of Unsecured Liabilities by currency and maturity as of December 31, 2018 and 2017, is as follows: Summary of public unsecured liabilities by currency and maturity Current Non-Current Maturity Maturity Effective Interest Nominal Annual Secured/ One to three Three to Twelve Total Current 12-31-2018 One to two years Two to three Three to four Four to five years More than five Total Non- Current 12/31/2018 Country Currency Rate Rate Unsecured ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Chile US$ 6.59% 6.49% Unsecured 7,144,997 4,281,038 11,426,035 — — — — 1,164,595,519 1,164,595,519 Chile U.F. 6.00% 5.48% Unsecured — 32,142,094 32,142,094 30,793,493 30,793,493 30,793,493 30,793,493 173,944,463 297,118,435 Total 7,144,997 36,423,132 43,568,129 30,793,493 30,793,493 30,793,493 30,793,493 1,338,539,982 1,461,713,954 Current Non-Current Maturity Maturity Effective Interest Nominal Annual Secured/ One to three months Three to Twelve months Total Current 12-31-2017 One to two years Two to three Three to four Four to five years More than five Total Non- Current 12/31/2017 Country Currency Rate Rate Unsecured ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Chile US$ 6.99% 6.90% Unsecured 6,322,081 2,206,269 8,528,350 — — — — 430,228,859 430,228,859 Chile U.F. 6.00% 5.48% Unsecured — 6,927,432 6,927,432 5,574,013 5,574,013 5,574,013 5,574,013 295,598,892 317,894,944 Total 6,322,081 9,133,701 15,455,782 5,574,013 5,574,013 5,574,013 5,574,013 725,827,751 748,123,803 Summary of public unsecured liabilities by currency and maturity December 31, 2018 Current Non-Current Taxpayer ID Company Country Taxpayer ID Financial Institution Country Currency Effective Nominal Secured Less than More Total One to Two to Three to Four to More Total Non- 91.081.000-6 Enel Generación Chile S.A. Chile Foreign BNY Mellon -Primera Emisión S-1 USA US$ 7.96% 7.88% No 4,693,498 — 4,693,498 — — — — 142,300,747 142,300,747 91.081.000-6 Enel Generación Chile S.A. Chile Foreign BNY Mellon - Primera Emisión S-2 USA US$ 7.40% 7.33% No 1,500,880 — 1,500,880 — — — — 48,131,124 48,131,124 91.081.000-6 Enel Generación Chile S.A. Chile Foreign BNY Mellon - Primera Emisión S-3 USA US$ 8.26% 8.13% No 950,619 — 950,619 — — — — 22,694,249 22,694,249 91.081.000-6 Enel Generación Chile S.A. Chile Foreign BNY Mellon - Única 24296 USA US$ 4.32% 4.25% No — 2,493,452 2,493,452 — — — — 274,469,150 274,469,150 91.081.000-6 Enel Generación Chile S.A. Chile 97.004.000-5 Banco Santander -317 Serie-H Chile U.F. 7.17% 6.20% No — 6,513,162 6,513,162 5,733,684 5,733,684 5,733,684 5,733,684 25,386,928 48,321,664 91.081.000-6 Enel Generación Chile S.A. Chile 97.004.000-5 Banco Santander 522 Serie-M Chile U.F. 4.82% 4.75% No — 25,628,932 25,628,932 25,059,809 25,059,809 25,059,809 25,059,809 148,557,535 248,796,771 76.536.353-5 Enel Chile S.A Chile Foreign BNY Mellon - Unica E.E.U.U US$ 5.03% 4.88% No 1,787,586 1,787,586 677,000,249 677,000,249 Total Unsecured Bonds 7,144,997 36,423,132 43,568,129 30,793,493 30,793,493 30,793,493 30,793,493 1,338,539,982 1,461,713,954 December 31, 2017 Current Non-Current Taxpayer ID Company Country Taxpayer ID Financial Institution Country Currency Effective Nominal Secured Less than More Total One to Two to Three to Four to More Total Non- 91.081.000-6 Enel Generación Chile S.A. Chile Foreign BNY Mellon -Primera Emisión S-1 USA US$ 7.96% 7.88% No 4,152,926 — 4,152,926 — — — — 125,566,611 125,566,611 91.081.000-6 Enel Generación Chile S.A. Chile Foreign BNY Mellon - Primera Emisión S-2 USA US$ 7.40% 7.33% No 1,328,023 — 1,328,023 — — — — 42,902,198 42,902,198 91.081.000-6 Enel Generación Chile S.A. Chile Foreign BNY Mellon - Primera Emisión S-3 USA US$ 8.26% 8.13% No 841,132 — 841,132 — — — — 19,398,499 19,398,499 91.081.000-6 Enel Generación Chile S.A. Chile Foreign BNY Mellon - Única 24296 USA US$ 4.32% 4.25% No — 2,206,269 2,206,269 — — — — 242,361,551 242,361,551 91.081.000-6 Enel Generación Chile S.A. Chile 97.004.000-5 Banco Santander -317 Serie-H Chile U.F. 7.17% 6.20% No — 6,374,051 6,374,051 5,574,013 5,574,013 5,574,013 5,574,013 30,872,536 53,168,588 91.081.000-6 Enel Generación Chile S.A. Chile 97.004.000-5 Banco Santander 522 Serie-M Chile U.F. 4.82% 4.75% No — 553,381 553,381 — — — — 264,726,356 264,726,356 Total Unsecured Bonds 6,322,081 9,133,701 15,455,782 5,574,013 5,574,013 5,574,013 5,574,013 725,827,751 748,123,803 21.3 Secured liabilities As of December 31, 2018 and 2017, there were no secured liabilities. Fair value measurement and hierarchy The fair value of current and non-current unsecured liabilities as of December 31, 2018 and 2017 totaled ThCh$1,685,679,241 and ThCh$947,565,989, respectively. The fair value measurement of these liabilities has been categorized as Level 2 (See Note 3.h). It is important to note that these financial assets are measured at amortized cost (See Note 3.g.4). 21.4 Detail of finance lease obligations Detail of finance lease obligations: December 31, 2018 Current Non-Current ThCh$ Taxpayer ID Company Country Taxpayer ID Financial Institution Country Currency Nominal Less than More Total One to Two to Three to Four to More Total Non- 91.081.000-6 Enel Generación Chile S.A. Chile 76.555.400-4 Transelec S.A. Chile US$ 6.50% 528,847 1,637,428 2,166,275 2,307,082 2,457,043 2,616,750 4,929,300 — 12,310,175 Total Leasing 528,847 1,637,428 2,166,275 2,307,082 2,457,043 2,616,750 4,929,300 — 12,310,175 December 31, 2017 Current Non-Current ThCh$ Taxpayer ID Company Country Taxpayer ID Financial Institution Country Currency Nominal Less than More Total One to Two to Three to Four to More Total Non- 91.081.000-6 Enel Generación Chile S.A. Chile 76.555.400-4 Transelec S.A. Chile US$ 6.50% 439,377 1,360,411 1,799,788 2,459,000 1,916,774 2,041,364 2,174,053 4,217,935 12,809,126 Total Leasing 439,377 1,360,411 1,799,788 2,459,000 1,916,774 2,041,364 2,174,053 4,217,935 12,809,126 21.5 Hedged debt The U.S. dollar denominated debt of the Group as of December 31, 2018 and 2017, that is designated as cash flow hedge to hedge the portion of revenue from its consolidated entities that is directly linked to variations in the U.S. dollar, as referenced in Note 3.g.5, was ThCh$1,192,973,584 and ThCh$440,823,086 , respectively. The following table details changes in “Reserve for cash flow hedges” as of December 31, 2018 and 2017, due to exchange differences of this debt: For the years ended December 31, 2018 2017 2016 ThCh$ ThCh$ ThCh$ Balance in hedging reserves (hedging income) at the beginning of the period, net (27,168,008) (52,747,646) (74,953,393) Foreign currency exchange differences recognized in equity, net (101,790,308) 17,321,594 14,317,257 Foreign currency exchange differences recognized in profit and loss, net 12,478,369 8,258,044 7,888,490 Others (Tender Offer 33.57% 02.04.2018 on Enel Generacion Chile) (11,028,906) — — Balance in hedging reserves (hedging income) at the end of the period, net (127,508,853) (27,168,008) (52,747,646) 21.6 Other information As of December 31, 2018 and 2017, the Group has undrawn line of credits available for use amounting to ThCh$416,862,000 and ThCh$199,271,103, respectively. 21.7 Future undiscounted debt flow The following tables are the a) Bank loans Non-Current Current Non-Current Total Current Maturity Total No Current Total Current Maturity Total No Current Country Currency Nominal Interest Rate One to Three Months Three to twelve months as of 12-31-2018 One to two years Two to Three Years Three to Four Years Four to Five Years More than Five Years as of 12-31-2018 One to Three Months Three to twelve months as of 12-31-2017 One to two years Two to Three Years Three to Four Years Four to Five Years More than Five Years as of 12/31/2017 ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Chile US$ 1,985,915 75,074,314 77,060,229 110,909,917 106,335,361 21,112,380 - - 238,357,658 - - - - - - - - - Chile Ch$ 1,798,705 215,920,510 217,719,215 - - - - - - 122 - 122 - - - - - - Totals - - - - - - - - - b) Guaranteed and unsecured obligations Non-Current Current Non-Current Maturity Total Current Maturity Total No Current Maturity Total Current Maturity Total No Current Country Currency Nominal Interest Rate One to Three Months Three to twelve months as of 12-31-2018 One to two years Two to Three Years Three to Four Years Four to Five Years More than Five Years as of 12-31-2018 One to Three Months Three to twelve months as of 12-31-2017 One to two years Two to Three Years Three to Four Years Four to Five Years More than Five Years as of 12/31/2017 ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Chile US$ 16,173,722 48,521,166 64,694,888 64,694,887 64,694,887 64,694,887 64,694,887 1,612,310,243 1,871,089,791 6,697,979 20,093,935 26,791,914 26,791,913 26,791,913 26,791,913 26,791,913 703,872,066 811,039,718 Chile U.F. 6,603,562 49,871,556 56,475,118 54,036,540 51,597,963 49,159,386 46,720,808 224,787,689 426,302,386 5,775,038 22,689,438 28,464,476 51,927,014 49,837,566 47,748,117 45,658,669 256,892,562 452,063,928 Totals c) Financial leases Non-Current Current Non-Current Total Current Maturity Total No Current Total Current Maturity Total No Current Country Currency Nominal Interest Rate One to Three Months Three to twelve months as of 12-31-2018 One to two years Two to Three Years Three to Four Years Four to Five Years More than Five Years as of 12-31-2018 One to Three Months Three to twelve months as of 12-31-2017 One to two years Two to Three Years Three to Four Years Four to Five Years More than Five Years as of 12-31-2017 ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Chile US$ 760,090 2,278,842 3,038,932 3,034,977 3,030,765 3,026,279 5,044,764 - 14,136,785 685,232 2,052,448 2,737,680 2,728,693 2,719,123 2,708,931 2,698,076 4,473,883 15,328,706 Totals - |
Risk Management Policy
Risk Management Policy | 12 Months Ended |
Dec. 31, 2018 | |
RISK MANAGEMENT POLICY | |
Risk Management Policy | 22. RISK MANAGEMENT POLICY. The Group’s companies are exposed to certain risks that are managed by systems that identify, measure, limit concentration of, and monitor these risks. The main principles in the Group’s risk management policy include the following: · Compliance with good corporate governance standards. · Strict compliance with all the Group’s internal policies. · Each business and corporate area determines: I. II. III. · Business and corporate areas establish their risk tolerance in a manner consistent with the defined strategy for each market in which they operate. · All of the operations of the businesses and corporate areas are conducted within the limits approved for each case. · Businesses, corporate areas, lines of business and companies design the risk management controls necessary to ensure that transactions in the markets are conducted in accordance with the Enel Chile’s policies, standards, and procedures. 22.1 Interest rate risk Changes in interest rates affect the fair value of assets and liabilities bearing fixed interest rates, as well as the expected future cash flows of assets and liabilities subject to floating interest rates. The objective of managing interest rate risk exposure is to achieve a balance in the debt structure to minimize the cost of debt with reduced volatility in profit or loss. The comparative structure of the financial debt of the Enel Chile Group according to the fixed and / or protected interest rate on the gross debt, after derivatives contracted, is as follows: Gross position: For the years ended December 31, 2018 2017 % % Fixed interest rate 71% 92% Depending on the Group’s estimates and on the objectives of the debt structure, hedging transactions are performed by entering into derivatives contracts that mitigate interest rate risk. 22.2 Exchange rate risk Exchange rate risks involve basically the following transactions: · Debt taken on by the Group’s companies that is denominated in a currency other than that in which its cash flows are indexed. · Payments to be made for the acquisition of project-related materials and for corporate insurance policies in a currency other than that in which its cash flows are indexed. · Revenues in the Group companies directly linked to changes in currencies other than that of its cash flows. In order to mitigate foreign currency risk, the Group’s foreign currency risk management policy is based on cash flows and includes maintaining a balance between U.S. dollar flows and the levels of assets and liabilities denominated in this currency. The objective is to minimize the exposure to variability in cash flows that are attributable to foreign exchange risk. The hedging instruments currently being used to comply with the policy are currency swaps and forward exchange contracts. In addition, the policy seeks to refinance debt in the functional currency of each of the Group’s companies. 22.3 Commodities risk The Group has a risk exposure to price fluctuations in certain commodities, basically due to: · Purchases of fuel used to generate electricity. · Energy purchase/sale transactions that take place in local markets. In order to reduce the risk in situations of extreme drought, the Group has designed a commercial policy that defines the levels of sales commitments in line with the capacity of its generating power plants in a dry year. It also includes risk mitigation terms in certain contracts with unregulated customers and with regulated customers subject to long-term tender processes, establishing indexation polynomials that allow for reducing commodities exposure risk. Considering the operating conditions faced by the power generation market in Chile, with drought and highly volatile commodity prices on international markets, the Group is constantly verifying the advisability of using hedging to lessen the impacts that these price swings have on its results. As of December 31, 2018 there were current transactions for 432 kTon of API2 to be settled in 2019, 994 kBbl of Brent to be settled in 2019, 225 kTon of BCI7 to be settled in 2019 and 0.2 TBtu of HH to be settled in 2019 (figures considered net hedged position). As of December 31, 2017, the Group had swap hedges for 2.3 million MMBTU to be settled at January 2018. Depending on operating conditions, which are constantly being updated, these hedges may be modified or may cover other commodities. 22.4 Liquidity risk The Group maintains a liquidity risk management policy that consists of entering into long-term committed banking facilities and temporary financial investments for amounts that cover the projected needs over a period of time that is determined based on the situation and expectations for debt and capital markets. The projected needs mentioned above include maturities of financial debt, net of financial derivatives. For further details regarding the features and conditions of financial obligations and financial derivatives. See Notes 21 and 23. As of December 31, 2018 the Group’s liquidity is as follows: cash and cash equivalents for ThCh$245,171,924 and unconditionally available lines of long-term credit for ThCh$416,862,000. As of December 31, 2017 the Group had cash and cash equivalent totaling ThCh$419,456,026 and unconditionally available lines of long-term credit totaling ThCh$199,271,103. 22.5 Credit risk The Group closely monitors its credit risk. Trade receivables: The credit risk for receivables from the Group’s commercial activity has historically been very low, due to the short term period of collections from customers, resulting in non-significant cumulative receivables amounts. This situation applies to both the electricity generation and distribution lines of business. In the electricity generation and distribution lines of business, regulations allow the suspension of energy service to customers with outstanding payments, and the contracts have termination clauses for payment default. The Group monitors its credit risk on an ongoing basis and measures its maximum exposure to payment default risk, which, as stated above, is very limited. In the case of our electricity distribution company, the suspension of energy service to customers, is a right available to the company in case of breaches by our clients, which is applied according to the current regulation, which facilitates the process of evaluation and control of credit risk, which by the way is limited. Financial assets: Cash surpluses are invested in the highest-rated local and foreign financial entities (with risk rating equivalent to investment grade where possible) with thresholds established for each entity. In selecting banks to make investments, the Group considers those banks with investment grade ratings granted by main international rating agencies (Moody’s, S&P and Fitch). Investments may be backed with treasury bonds from the countries in which the Group operates and/or with commercial papers issued by the highest rated banks; the latter are preferred, as they offer higher returns (always in line with current investment policies). 22.6 Risk measurement The Group measures the Value at Risk (VaR) of its debt positions and financial derivatives in order to monitor the risk assumed by the Group, thereby reducing volatility in the income statement. The portfolio of positions included for the purposes of the calculations of this value at risk include: · Financial debt. · Hedging derivatives for debt. The VaR determined represents the potential variation in value of the portfolio of positions described above in one quarter with a 95% confidence level. To determine the VaR, we take into account the volatility of the risk variables affecting the value of the portfolio of positions including: · U.S. dollar Libor interest rate. · The exchange rates of the various currencies used in the calculation. The calculation of VaR is based on generating possible future scenarios (at one quarter) of market values (both spot and term) for the risk variables based on the scenarios with observable inputs for a same period (quarter) during five years. The one-quarter 95%-confidence VaR number is calculated as the 5% percentile of the potential variations in the fair value of the portfolio in one quarter. Taking into account the assumptions described above, the one-quarter VaR was ThCh$318,820,121. This amount represents the potential increase of the Debt and Derivatives’ Portfolio, thus these Values at Risk are inherently related, among other factors, to the Portfolio’s value at each quarter’ end. |
Financial Instruments
Financial Instruments | 12 Months Ended |
Dec. 31, 2018 | |
FINANCIAL INSTRUMENTS | |
Financial Instruments | 23. FINANCIAL INSTRUMENTS. 23.1 Financial instruments, classified by type and category a) The detail of financial assets, classified by type and category, as of December 31, 2018 and 2017, is as follows: December 31, 2018 Financial assets at fair value through profit and loss Financial assets measured at amortized cost Financial assets at fair value with changes in other comprehensive income Financial ThCh$ ThCh$ ThCh$ ThCh$ Equity instruments 90,839 — 269,031 — Trade accounts receivable and other accounts receivable — 529,467,040 — — Derivative instruments 1,491,497 — 1,423,613 39,022,012 Other financial assets — 880,268 — — Total Current 1,582,336 530,347,308 1,692,644 39,022,012 Equity instruments — — 2,352,894 — Trade accounts receivable and other accounts receivable — 60,527,843 Derivative instruments 36,086 — — 4,191,543 Other financial assets — 689,146 — — Total Non-current 36,086 61,216,989 2,352,894 4,191,543 Total 1,618,422 591,564,297 4,045,538 43,213,555 December 31, 2017 Financial assets at fair value through profit and loss Financial assets measured at amortized cost Financial assets at fair value with changes in other comprehensive income Financial ThCh$ ThCh$ ThCh$ ThCh$ Trade accounts receivable and other accounts receivable — 463,197,062 — — Derivative instruments 402,716 — — 20,038,433 Other financial assets 9,940,955 185,913 5,742,633 — Total Current 10,343,671 463,382,975 5,742,633 20,038,433 Equity instruments 33,158 — 2,595,343 — Trade accounts receivable and other accounts receivable — 36,182,399 Derivative instruments — — — 30,789,703 Other financial assets — — — — Total Non-current 33,158 36,182,399 2,595,343 30,789,703 Total 10,376,829 499,565,374 8,337,976 50,828,136 The book value of trade accounts receivable and payable approximates their fair value. b) The detail of financial liabilities, classified by type and category, as of December 31, 2018 and 2017, is as follows: December 31, 2018 Financial liabilities Loans and payables Financial Liabilities at fair value with changes in other result Financial derivatives ThCh$ ThCh$ ThCh$ ThCh$ Interest-bearing loans — 329,262,093 — — Commercial accounts and other accounts payable — 702,770,048 — — Derivative instruments 756,005 — 7,161,949 81,195,765 Total Current 756,005 1,032,032,141 7,161,949 81,195,765 Interest-bearing loans — 1,703,044,158 — — Commercial accounts and other accounts payable — 449,777,982 — — Derivative instruments 159,630 — 2,629,715 Total Non-current 159,630 2,152,822,140 — 2,629,715 Total 915,635 3,184,854,281 7,161,949 83,825,480 December 31, 2017 Financial liabilities Loans and payables Financial Liabilities at fair value with changes in other result Financial derivatives ThCh$ ThCh$ ThCh$ ThCh$ Interest-bearing loans — 17,255,692 — — Commercial accounts and other accounts payable — 669,753,051 — — Derivative instruments 1,255,478 — — 304,278 Other financial liabilities 889,026 — — — Total Current 2,144,504 687,008,743 — 304,278 Interest-bearing loans — 760,932,929 — — Derivative instruments — — — 21,045,216 Other financial liabilities — 978,342 — — Total Non-current — 761,911,271 — 21,045,216 Total 2,144,504 1,448,920,014 — 21,349,494 23.2 Derivative instruments The risk management policy of the Group uses primarily interest rate and foreign exchange rate derivatives to hedge its exposure to interest rate and foreign currency risks. The Group classifies its derivatives as follows: · Cash flow hedges: Those that hedge the cash flows of the underlying hedged item. · Fair value hedges: Those that hedge the fair value of the underlying hedged item. · Non-hedge derivatives: Financial derivatives that do not meet the requirements established by IFRS to be designated as hedge instruments are recorded at fair value with changes in net income (assets held for trading). a) Assets and liabilities for hedge derivative instruments As of December 31, 2018 and 2017, financial derivative transactions qualifying as hedge instruments resulted in recognition of the following assets and liabilities in the consolidated statement of financial position: December 31, 2018 Assets Liabilities Current Non-current Current Non-current ThCh$ ThCh$ ThCh$ ThCh$ Interest rate hedge: 852,119 4,191,543 Cash flow hedge 852,119 4,191,543 Exchange rate hedge: 38,169,893 — 81,195,765 2,629,715 Cash flow hedge 38,169,893 — 81,195,765 2,629,715 Total 39,022,012 4,191,543 81,195,765 2,629,715 December 31, 2017 Assets Liabilities Current Non-current Current Non-current ThCh$ ThCh$ ThCh$ ThCh$ Exchange rate hedge: 20,038,433 30,789,703 304,278 21,045,216 Cash flow hedge 20,038,433 30,789,703 304,278 21,045,216 Total 20,038,433 30,789,703 304,278 21,045,216 General information on hedge derivative instruments Hedge derivative instruments and their corresponding hedged instruments are shown in the following table: Fair value of Fair value of hedged item hedged item Detail of hedging 12-31-2018 12-31-2017 instrument Description of hedging instrument Description of hedged item ThCh$ ThCh$ Type of risk hedged SWAP Exchange rate Unsecured obligations (bonds) (*) (18,892,400) 7,696,061 Cash Flow SWAP Interest rate Bank loans 5,043,662 — Cash Flow FORWARD Exchange rate Revenues (26,763,187) 21,782,581 Cash Flow (*) For the years ended December 31, 2018 and 2017 the Group did not recognize gains or losses for ineffective cash flow hedges. The Group has not entered into any fair value hedges for any of the periods reported. b) As of December 31, 2018 and 2017, financial derivative transactions recorded at fair value through profit or loss, resulted in the recognition of the following assets and liabilities in the statement of financial position: December 31, 2018 December 31, 2017 Current Current Non-Current Non-Current Current Current Non-Current Non-Current ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Non-hedging derivative instrument 41,023 207,957 36,086 159,630 402,716 1,255,478 — — These derivative instruments correspond to forward contracts entered into by the Group, whose purpose is to hedge the exchange rate risk related to future obligations arising from civil works contracts linked to the construction of the Los Cóndores Plant. Although these hedges have an economic substance, they do not qualify for hedge accounting because they do not strictly comply with the hedge accounting requirements established in IFRS 9 Financial Instruments. c) The following tables present the fair value of hedging and non-hedging derivatives entered into by the Group as well as the remaining contractual maturities as of December 31, 2018 and 2017: December 31, 2018 Notional Amount Fair value Less than 1 year 1-2 years 2-3 years 3-4 years 4-5 years Total Financial derivatives ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Interest rate hedge: 5,043,662 69,477,000 104,215,500 104,215,500 — — 277,908,000 Cash flow hedge 5,043,662 69,477,000 104,215,500 104,215,500 — — 277,908,000 Exchange rate hedge: (45,655,587) 1,227,557,071 76,355,223 — — — 1,303,912,294 Cash flow hedge (45,655,587) 1,227,557,071 76,355,223 — — — 1,303,912,294 Derivatives not designated for hedge accounting (290,478) 34,525,045 29,457,793 1,913,220 — — 65,896,058 Total (40,902,403) 1,331,559,116 210,028,516 106,128,720 — — 1,647,716,352 December 31, 2017 Notional Amount Fair value Less than 1 year 1-2 years 2-3 years 3-4 years 4-5 years Total Financial derivatives ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Interest rate hedge: — — — — — — — Cash flow hedge — — — — — — — Exchange rate hedge: 29,478,642 306,350,419 525,812,635 — — — 832,163,054 Cash flow hedge 29,478,642 306,350,419 525,812,635 — — — 832,163,054 Derivatives not designated for hedge accounting (852,762) 19,682,638 — — — — 19,682,638 Total 28,625,880 326,033,057 525,812,635 — — — 851,845,692 The hedging and non-hedging derivatives contractual maturities do not represent the Group’s total risk exposure, as the amounts presented in the above tables have been drawn up based on undiscounted contractual cash inflows and outflows for their settlement. 23.3 Fair value hierarchy Financial instruments recognized at fair value in the consolidated statement of financial position are classified, based on the hierarchy described in Note 3.h. The following table presents financial assets and liabilities measured at fair value as of December 31, 2018 and 2017: Fair Value Measured at End of Reporting Period Using: 12-31-2018 Level 1 Level 2 Level 3 Financial Instruments Measured at Fair Value ThCh$ ThCh$ ThCh$ ThCh$ Financial Assets: Financial derivatives designated as cash flow hedges 43,213,555 — 43,213,555 — Financial derivatives not designated for hedge accounting 77,109 — 77,109 — Commodity derivatives not designated as cash flow hedges 1,450,474 — 1,450,474 — Commodity derivatives designated as cash flow hedges 1,423,613 — 1,423,613 Available-for-sale financial assets, non-current 359,870 — 359,870 — Total 46,524,621 — 46,524,621 — Financial Liabilities: Financial derivatives designated as cash flow hedges 83,825,480 — 83,825,480 — Financial derivatives not designated for hedge accounting 367,587 — 367,587 — Commodity derivatives not designated for hedge accounting 548,048 — 548,048 — Commodity derivatives designated as cash flow hedges 7,161,949 — 7,161,949 — Total 91,903,064 — 91,903,064 — Fair Value Measured at End of Reporting Period Using: 12-31-2017 Level 1 Level 2 Level 3 Financial Instruments Measured at Fair Value ThCh$ ThCh$ ThCh$ ThCh$ Financial Assets: Financial derivatives designated as cash flow hedges 50,828,136 — 50,828,136 — Financial derivatives not designated for hedge accounting 402,716 — 402,716 — Commodity derivatives not designated as cash flow hedges 9,940,955 — 9,940,955 — Commodity derivatives designated as cash flow hedges 5,742,633 — 5,742,633 Available-for-sale financial assets, non-current 33,158 33,158 — — Total 66,947,598 33,158 66,914,440 — Financial Liabilities: Financial derivatives designated as cash flow hedges 21,349,494 — 21,349,494 — Financial derivatives not designated for hedge accounting 1,255,478 — 1,255,478 — Commodity derivatives not designated for hedge accounting — — — — Commodity derivatives designated as cash flow hedges 889,026 — 889,026 — Total 23,493,998 — 23,493,998 — 23.4 Financial instruments whose fair value measurement is classified as Level 3. The Group does not have any financial instruments whose fair value measurement is classified as Level 3. |
Trade and Other Current Payable
Trade and Other Current Payables | 12 Months Ended |
Dec. 31, 2018 | |
TRADE AND OTHER CURRENT PAYABLES. | |
Trade and Other Current Payables | 24. TRADE AND OTHER CURRENT PAYABLES. The detail of Trade and Other Current Payables as of December 31, 2018 and 2017, is as follows: Current Non-current 12-31-2018 12-31-2017 12-31-2018 12-31-2017 Trade and Other Payables ThCh$ ThCh$ ThCh$ ThCh$ Energy suppliers 155,123,059 172,042,187 — — Fuel and gas suppliers 39,787,839 13,300,051 — — Payables for goods and services 155,054,466 149,301,377 6,766 4,485 Payables for assets acquisition 116,157,897 92,806,426 2,106,099 — Subtotal Trade Payables 466,123,261 427,450,041 2,112,865 4,485 Other Payables Dividends payable to third parties 52,059,048 95,150,149 — — Warranty deposits 365,857 402,107 — — Fines and complaints 165,102 — — — Taxes payables other than income tax 1,742,603 4,894,779 — — Accounts payable to staff 30,686,679 27,466,888 — — Other payables 3,143,774 614,554 471,315 655,339 Subtotal Other current payables 88,163,063 128,528,477 471,315 655,339 Total 554,286,324 555,978,518 2,584,180 659,824 See Note 22.4 for the description of the liquidity risk management policy. The detail of trade payables, both non-past due and past due as of December 31, 2018 and 2017, are presented in Appendix 3. |
Provisions
Provisions | 12 Months Ended |
Dec. 31, 2018 | |
PROVISIONS | |
Provisions | 25. PROVISIONS. a) The breakdown of provisions as of December 31, 2018 and 2017, is as follows: Current Non-current 12-31-2018 12-31-2017 12-31-2018 12-31-2017 Provisions ThCh$ ThCh$ ThCh$ ThCh$ Provision for legal proceedings 3,884,018 3,497,786 13,468,858 13,936,190 Decommissioning or restoration (1) — — 92,402,517 64,486,647 Other provisions 1,704,768 2,138,385 — — Total 5,588,786 5,636,171 105,871,375 78,422,837 (1) See Note 3. The provisions for decommissioning originate from the fact that, considering the new environmental institutions in Chile, the scope of the rights and obligations associated with environmental licenses have been clarified in recent times. In light of the foregoing, the provisions have been adjusted to reflect the best estimate at the closing date of the financial statements. The expected amount and timing of any cash disbursements related to the foregoing provisions is uncertain and depends on the resolution of specific issues related to each of them. For example, in the specific case of litigation, this depends on the final resolution of the corresponding legal claim. Management considers that the provisions recognized in the financial statements adequately cover the corresponding risks. b) Changes in provisions as of December 31, 2018 and 2017, are as follows: Legal Decommissioning or Environment Total Changes in Provisions ThCh$ ThCh$ ThCh$ ThCh$ Balance at January 1, 2018 17,433,976 64,486,647 2,138,385 84,059,008 Increase (decrease) in existing provisions (2) 1,842,257 23,395,295 (253,939) 24,983,613 Provisions used (1,150,386) — (501,234) (1,651,620) Reversal of unused provision (743,927) — — (743,927) Increase from adjustment to time value of money (1) — 3,176,001 — 3,176,001 Foreign currency translation (29,044) 1,344,574 321,556 1,637,086 Total changes in provisions (81,100) 27,915,870 (433,617) 27,401,153 Balance at December 31, 2018 17,352,876 92,402,517 1,704,768 111,460,161 Legal Decommissioning or Other Total Changes in Provisions ThCh$ ThCh$ ThCh$ ThCh$ Balance at January 1, 2017 10,002,785 57,798,702 1,798,953 69,600,440 Increase (decrease) in existing provisions (2) 12,159,920 4,340,858 339,432 16,840,210 Provisions used (2,995,017) — — (2,995,017) Reversal of unused provision (1,728,788) — — (1,728,788) Increase from adjustment to time value of money (1) — 2,347,087 — 2,347,087 Foreign currency translation (4,924) — — (4,924) Total changes in provisions 7,431,191 6,687,945 339,432 14,458,568 Balance at December 31, 2017 17,433,976 64,486,647 2,138,385 84,059,008 (1) Corresponds to a financially updated amount (see note 34) (2) Figure involves basically provisions for penalties issued by the Secretary of Energy and Fuels, See note 38.3. |
Employee Benefit Obligations
Employee Benefit Obligations | 12 Months Ended |
Dec. 31, 2018 | |
EMPLOYEE BENEFIT OBLIGATIONS | |
Employee Benefit Obligations | 26. EMPLOYEE BENEFIT OBLIGATIONS. 26.1 General information: The Group provides various post-employment benefits for all or some of their active or retired employees. These benefits are calculated and recorded in the financial statements according to the criteria described in Note 3.m.1, and include primarily the following: Defined benefit plans: · Complementary pension : The beneficiary is entitled to receive a monthly amount that supplements the pension obtained from the respective social security system. · Employee severance indemnities : The beneficiary receives a certain number of contractual salaries upon retirement. Such benefit is subject to a minimum vesting service requirement period, which depending on the Group, varies within a range from 5 to 15 years. · Electricity : The beneficiary receives a monthly bonus to cover a portion of their billed residential electricity consumption. · Health benefit : The beneficiary receives health coverage in addition to that to which they are entitled to under applicable social security system. 2.2 Details, changes and presentation in financial statements: a) The post-employment obligations associated with the defined benefits plan as of December 31, 2018, 2017 and 2016, are as follows: General ledger accounts: 12-31-2018 12-31-2017 12-31-2016 ThCh$ ThCh$ ThCh$ Post-employment obligations 56,602,664 57,081,924 59,934,127 Total 56,602,664 57,081,924 59,934,127 Total post-employment obligations, net 56,602,664 57,081,924 59,934,127 b) The following amounts were recognized in the consolidated statement of comprehensive income for the years ended December 31, 2018, 2017 and 2016: For the years ended December 31, Expense Recognized in the Statement of 2018 2017 2016 Comprehensive Income ThCh$ ThCh$ ThCh$ Current service cost for defined benefits plan 1,920,262 2,091,205 1,899,660 Interest cost for defined benefits plan (1) 2,750,376 2,678,300 2,517,406 Past service cost (39,060) — — Expenses recognized in the Statement of Income 4,631,578 4,769,505 4,417,066 Gains (losses) from remeasurement of defined benefit plans (37,881) (1,716,875) 6,618,514 Total expense recognized in the Statement of Comprehensive Income 4,593,697 3,052,630 11,035,580 (1) See Note 34 c) The balance and changes in post-employment defined benefit obligations as of and for the years ended December 31, 2018, 2017 and 2016, are as follows: Actuarial Value of Post-employment Obligations ThCh$ Balance at January 1, 2016 55,023,456 Current service cost 1,899,660 Net Interest cost 2,517,406 Actuarial (gains) losses from changes in financial assumptions 1,073,475 Actuarial (gains) losses from changes in experience adjustments 5,545,039 Benefits paid (7,771,781) Transfers of employees 1,337,621 Other 309,251 Balance at December 31, 2016 59,934,127 Current service cost 2,091,205 Net Interest cost 2,678,300 Actuarial (gains) losses from changes in financial assumptions (1,414,201) Actuarial (gains) losses from changes in experience adjustments (302,674) Benefits paid (5,917,552) Transfers of employees 12,719 Other — Balance at December 31, 2017 57,081,924 Current service cost 1,920,262 Net Interest cost 2,750,376 Actuarial (gains) losses from changes in financial assumptions 789,809 Actuarial (gains) losses from changes in experience adjustments (827,690) Foreign currency translation 124,929 Benefits paid (5,469,357) Past service cost of Defined Benefit Plan Obligations (39,060) Defined benefit plan obligations from business combinations 602,816 Transfers of employees (331,345) Balance at December 31, 2018 56,602,664 26.3 Other disclosures: · Actuarial assumptions: As of December 31, 2018, 2017 and 2016, the following assumptions were used in the actuarial calculation of defined benefits: 12-31-2018 12-31-2017 12-31-2016 Discount rates used 4.70% 5.00% 4.70% Expected rate of salary increases 3.80% 4.00% 4.00% Turnover rate 4.40% 4.57% 4.72% Mortality tables CB-H-2014 / RV-M-2014 CB-H-2014 / RV-M-2014 CB-H-2014 / RV-M-2014 · Sensitivity As of December 31, 2018 and 2017, the sensitivity value of the actuarial liability for post-employment benefits to variations of 100 basis points in the discount rate assumes a decrease of ThCh$4,296,927 and ThCh$4,269,704, respectively, if the rate rises, and an increase of ThCh$4,773,734 and ThCh$4,773,942, respectively, if the rate falls. · Future disbursements The estimates available indicate that ThCh$5,801,478 will be disbursed for defined benefit plans in the next year. Benefit payments are made directly by the Company and its subsidiaries, as there is no trust fund established for the benefit plans and therefore no plan assets. · Term of commitments The Group’s obligations have a weighted average length of 8.36 years, and the flow for benefits for the next ten years and more is expected to be as follows: Years ThCh$ 1 5,801,478 2 4,270,340 3 4,984,423 4 4,777,882 5 4,099,105 Over 5 23,557,891 |
Equity
Equity | 12 Months Ended |
Dec. 31, 2018 | |
EQUITY [Abstract] | |
Equity | 27. EQUITY. 27.1 Equity attributable to the shareholders of Enel Chile The capital of Enel Chile as of December 31, 2018 is ThCh$3,954,491,479 and is divided into 70,134,077,818 authorized, subscribed and paid-in shares. The capital of Enel Chile as of December 31, 2017 was ThCh$2,229,108,975 and was divided into 49,092,772,762 shares. All the shares issued by Enel Chile are subscribed and paid in and can be traded on the Santiago Stock Exchange, the Chilean Electronic Stock Exchange and the New York Stock Exchange (NYSE). 27.1.2 Treasury shares The treasury shares for the year ended December 31, 2018 are ThCh$72,388,009 divided into 967,520,598 shares, and were acquired as part of the merger process with Enel Green Power Latin América Ltda. (“EGPL”). 27.1.3 As a result of the corporate reorganization (as described in note 6), the Company increased its share capital through the voluntary Tender Offer of Shares on the shares of the subsidiary Enel Generación Chile (Enel Generación) and the merger with EGPL, whereby the renewable assets of Enel S.p.A. in Chile are incorporated into Enel Chile - During the Tender Offer period, the Company received acceptances and sale orders for a total of 2,582,336,287 shares of Enel Generación and 5,691,996 ADSs equivalent to 170,759,880 shares of Enel Generación. As a result, the Company increased its interest, becoming the holder of 2,753,096,167 shares issued by Enel Generación. In accordance with the terms and conditions set forth in the transaction, the shareholders of Enel Generación who agreed to sell their shares were allocated 40% of the established purchase price (Ch$590 per share) to subscribe to first issue shares of Enel Chile, receiving for said 40% of the established purchase price, 2.87807 shares of Enel Chile for each share issued by Enel Generación sold in the offer. As a result, the shareholders of Enel Generación received Ch$1,624,326,738,530 in cash, divided into Ch$1,523,578,409,330 to domestic shareholders and Ch$100,748,329,200 to foreign shareholders. In turn, these shareholders subscribed to shares of Enel Chile for a total of Ch$649,730,695,412 equivalent to 7,923,600,070 shares. - The Corporations Law gives existing shareholders of a Company a preemptive right to subscribe for shares issued in a capital increase, in proportion to their interest in the company. Any shareholder existing at the date of Enel Chile's capital increase was able to exercise such right by paying exclusively in cash for those shares. As of the closing date of these financial statements, the number of shares that have exercised their - The reorganization resulted in the merger of EGPL with Enel Chile, a process that took place after the tender offer was declared successful, which took effect on April 2, 2018. As a result of this merger, Enel Chile's capital stock increased by Ch$1,071,727,278,668, equivalent to 13,069,844,862 shares, corresponding to 827,205,371 shares of EGPL owned by Enel S.p.A., using an exchange of 15.8 shares of Enel Chile for 1 share of EGPL. The movements in the number of shares of Enel Chile as a result of the corporate reorganization process described above are detailed below: Number of outstanding shares of Enel Chile prior to the reorganization Number of shares Ratio for exchange of shares Number of shares Public Offer of Shares in Generation Chile (1): Purchased shares - national market 2.88 Purchased shares - ADS 2.88 Total Public Offer of Shares Preferential right shares Enel Chile (2): Shares paid for by shareholders Total preferential right Merger with EGPL (3): Enel SpA shares 15.8 Total Merger with EGPL Repurchase of shares (4): Rights exercised for withdrawal by minority shareholders of Enel Chile Total repurchase of shares Number of issued shares in Enel Chile after merger Total number of capital shares issued Total number of own shares in portfolio Number of issued shares in Enel Chile after merger (1) The total amount associated with the issuance of these new shares was ThCh$649,730,695. (2) The payment made by minority shareholders of Enel Chile was ThCh$3,924,530. (3) The valuation of the capital increase due to the merger was ThCh$1,071,727,279. (4) The total amount paid for the share repurchase was ThCh$72,388,009. Subsequent to the corporate reorganization process, Enel SpA will continue to be the ultimate controlling parent, through its majority shareholding in Enel Chile, and the former minority shareholders of Enel Generación Chile, together with the current minority shareholders of Enel Chile, will have their corresponding non-controlling interests in Enel Chile. 27.2 Dividends Dividend No. Type of Payment Date Pesos per Charged to 1 Final 05-24-2016 2.09338 2015 2 Interim 01-27-2017 0.75884 2016 3 Final 05-26-2017 2.47546 2016 4 Interim 01-26-2018 0.75642 2017 5 Final 05-18-2018 2.24134 2017 6 Interim 01-25-2019 0.45236 2018 27.3 Foreign currency translation reserves The following table sets forth foreign currency translation adjustments attributable to the shareholders of the Company for the years ended December 31, 2018 and 2017 For the years ended December 31, 2018 2017 Reserves for Accumulated Currency Translation Differences ThCh$ ThCh$ GasAtacama Chile S.A. 302,222 6,416,189 GNL Chile S.A. 900,483 560,194 Enel Green Power Chile Group 100,452,131 — TOTAL 101,654,836 6,976,383 27.4 Restrictions on consolidated subsidiaries transferring funds to the parent Certain of the Group’s subsidiaries must comply with financial ratio covenants which require them to have a minimum level of equity or other requirements that restrict the transferring of assets to the Company. The Group’s restricted net assets as of December 31, 2018 and 2017 from its subsidiary Enel Generación Chile S.A. totaled ThCh$712,519,037 and ThCh$456,844,078, respectively. 27.5 Other reserves Other reserves within Equity attributable to Enel Chile for the years ended December 31, 2018 and 2017, are as follows: Balance at 2018 Changes Balance at Other reserves ThCh$ ThCh$ ThCh$ Exchange differences on translation (a) 6,976,383 94,678,453 101,654,836 Cash flow hedges (b) (32,849,736) (159,020,809) (191,870,545) Available-for-sale financial assets 11,284 (243) 11,041 Other miscellaneous reserves (c) (971,468,479) (1,313,999,417) (2,285,467,896) TOTAL (997,330,548) (1,378,342,016) (2,375,672,564) Balance at 2017 Changes Balance at Other reserves ThCh$ ThCh$ ThCh$ Exchange differences on translation (a) 9,222,933 (2,246,550) 6,976,383 Cash flow hedges (b) (76,218,470) 43,368,734 (32,849,736) Available-for-sale financial assets 9,955 1,329 11,284 Other comprehensive income from non-current assets held for sale (*) 1,632,724 (1,632,724) — Other miscellaneous reserves (c) (969,740,120) (1,728,359) (971,468,479) TOTAL (1,035,092,978) 37,762,430 (997,330,548) (*) See note 5. a) Exchange differences on translation: These reserves arise primarily from exchange differences relating to: (i) T ranslation of the financial statements of our subsidiaries from their functional currencies to our presentation currency (i.e. Chilean peso) (see Note 2.7.3). b) Cash flow hedging reserves: These reserves represent the cumulative effective portion of gains and losses recognized in cash flow hedges (see Note 3.g.5 and 3.h). c) Other miscellaneous reserves: The main items and their effects are the following: For the years ended 2018 2017 2016 Other Miscellaneous Reserves ThCh$ ThCh$ ThCh$ Reserve for corporate reorganization ("Spin-Off") (i) (534,057,733) (534,057,733) (532,330,290) Reserve for transition to IFRS (ii) (457,221,836) (457,221,836) (457,221,836) Reserve for subsidiaries transactions (iii) 12,502,494 12,502,494 12,502,494 Reserves for Tender Offer of Enel Generation "Reorganization of Renewable Assets" (iv) (910,437,224) — — Reserves "Reorganization of Renewable Assets" (v) (407,354,462) — — Other Miscellaneous Reserves (iv) 11,100,865 7,308,596 7,309,512 TOTAL (2,285,467,896) (971,468,479) (969,740,120) (i) Reserve for corporate reorganization (“Spin-Off”) : Corresponds to the effects from the corporate reorganization of the Company, as described in Note 1, and the separation of the foreign business in Enel Américas. This reserve includes the effect of the taxes that Enel Generación Chile (formerly named Endesa Chile) and Enel Distribución Chile (formerly named Chilectra Chile) paid in Peru for transferring their investments to Endesa Américas and Chilectra Américas. The tax payments made by Enel Generación Chile, in March 2016, and Enel Distribución Chile, in April 2016, were 577 million Soles (ThCh$100,978,571) and 74 million Soles (ThCh$15,193,186), respectively. The calculation basis for determining the tax corresponds to the difference between the market value of the investments, to the date of the transfer, and the cost of tax acquisition of the participations. The net economic effect on the opening equity was ThCh$90,274,727. It should be noted that, being directly linked to the split transaction, the accounting record of this tax has been made directly in equity, specifically in Other reserves, following the nature of the main transaction (transaction with shareholders), (See Notes 1 and 2). (ii) Reserve for transition to IFRS : In accordance with Official Bulletin No. 456 from the CMF, included in this line item is the monetary correction corresponding to the accumulated paid-up capital from the date of our transition to IFRS, January 1, 2004, to December 31, 2008. (iii) Reserve for subsidiaries transactions : Corresponds to the effect of acquisition of equity interests in subsidiaries entities under common control. (iv) Reserve Tender Offer Enel Generación "Reorganization" : Represents the difference between the book value of the non-controlling interests acquired as part of the Tender Offer directed at the acquisition of all the shares issued by the subsidiary Enel Generación (see Note 6.i). (v) Reserve "Reorganization" : Corresponds to the reserve constituted by the merger of Enel Green Power Latin America with Enel Chile, materialized on April 2, 2018. It represents the recognition of the resulting difference between the capital increase in Enel Chile (correspond to market value participation over Enel Green Power Chile and subsidiaries) and the carrying amount of Enel Green Power Latin America that became part of the share capital in the distributable net assets to the owners of Enel Chile, as a result of the merger (see Note 6. iii). (vi) Other miscellaneous reserves from transactions made in prior years. 27.6 Non-controlling Interests The detail of non-controlling interests is as follows: Non-controlling Interests Equity Profit (Loss) 12-31-2018 12-31-2018 12-31-2017 12-31-2016 12-31-2018 12-31-2017 12-31-2016 Companies % ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Enel Distribución Chile S.A. 0.91% 6,965,769 6,223,363 6,441,611 1,112,709 961,490 1,210,871 Enel Generación Chile S.A. 6.45% 127,136,175 784,999,394 680,725,188 42,883,953 167,465,216 173,299,349 Empresa Eléctrica Pehuenche S.A. 7.35% 10,310,215 9,963,472 10,008,502 6,885,422 5,649,253 6,512,893 Sociedad Agrícola de Cameros Ltda. 42.50% 2,342,160 2,596,764 2,636,470 (254,604) (39,706) (38,707) Geotermica del Norte SA 15.41% 53,693,407 — — (187,989) — — Empresa Nacional de Geotermia SA 49.00% 993,295 — — 41,780 — — Parque Eolico Talinay Oriente SA 38.63% 51,702,606 — — 662,374 — — Other (208,365) (205,346) (209,417) (5,825) (984) 126,845 TOTAL 252,935,262 803,577,647 699,602,354 51,137,820 174,035,269 181,111,251 |
Revenue and Other Operating Inc
Revenue and Other Operating Income | 12 Months Ended |
Dec. 31, 2018 | |
REVENUE AND OTHER OPERATING INCOME | |
Revenue and Other Operating Income | 28. REVENUE AND OTHER OPERATING INCOME. The detail of revenues for the years ended December 31, 2018, 2017 and 2016, is as follows: For the years ended December 31, 2018 2017 2016 Revenues ThCh$ ThCh$ ThCh$ Energy sales 2,202,078,088 2,262,090,558 2,312,643,619 Generation 1,034,975,160 1,082,749,256 1,141,725,803 Regulated customers 643,494,066 726,166,640 805,079,958 Non-regulated customers 357,725,928 285,623,737 234,641,908 Spot market sales 33,755,166 70,958,879 102,003,937 Distribution 1,167,102,928 1,179,341,302 1,170,917,816 Residential 455,840,910 435,769,231 431,610,828 Business 378,092,990 386,608,105 379,037,776 Industrial 209,252,478 225,736,231 229,878,875 Other consumers (1) 123,916,550 131,227,735 130,390,337 Other sales 123,345,383 107,362,797 73,607,457 Natural gas sales 103,717,558 91,652,707 64,443,715 Sales of products and services 19,627,825 15,710,090 9,163,742 Revenue from other services 84,936,988 114,648,227 129,592,804 Tolls and transmission 20,311,403 39,812,005 51,014,073 Metering equipment leases 5,024,944 4,945,609 4,555,779 Public lighting 12,181,969 13,449,852 12,660,894 Engineering and consulting services 10,027,472 3,414,472 14,304,336 Services for construction of junctions 14,711,796 15,514,433 14,359,194 Works in specific facilities and networks 8,425,251 13,932,537 21,397,176 Other services 14,254,153 23,579,319 11,301,352 Total Revenues 2,410,360,459 2,484,101,582 2,515,843,880 Other Operating Income ThCh$ ThCh$ ThCh$ Commodity derivatives 9,819,777 20,328,649 10,794,682 Other income (2) 36,981,190 18,548,051 14,928,257 Total other income 46,800,967 38,876,700 25,722,939 (1) For the year ended December 31, 2018, it includes revenues from energy sales to municipalities of ThCh$36,878,861; government entities of ThCh$20,246,633; agricultural sector entities of ThCh$6,173,077, and other of ThCh$60,617,979. For the year ended December 31, 2017, it includes revenues from energy sales to municipalities of ThCh$36,165,698; government entities of ThCh$20,080,121; agricultural sector entities of ThCh$5,811,319; and other of ThCh$69,170,597. (2) For the year ended December 31, 2018, this includes Central Tarapacá indemnization for ThCh$21,987,899, (ThCh$0 for 2017), recovery of revenue from customers with unrecorded consumption for ThCh$2,847,740 (ThCh$1,968,203 for 2017), late payment income for ThCh$675,202 (ThCh$1,299,470 for 2017), and other income for ThCh$11,470,349 (ThCh$15,280,378 for 2017). |
Raw Materials and Consumables U
Raw Materials and Consumables Used | 12 Months Ended |
Dec. 31, 2018 | |
RAW MATERIALS AND CONSUMABLES USED. | |
Raw Materials and Consumables Used | 29. RAW MATERIALS AND CONSUMABLES USED. The detail of raw materials and consumables used for the years ended December 31, 2018, 2017 and 2016, is as follows: For the years ended December 31, 2018 2017 2016 Raw materials and consumables used ThCh$ ThCh$ ThCh$ Energy purchases (747,646,603) (902,434,871) (891,746,884) Fuel consumption (231,028,169) (280,739,362) (295,148,838) Transportation costs (166,875,801) (155,879,249) (195,123,118) Other raw materials and consumables (146,626,543) (175,733,439) (115,400,740) Total (1,292,177,116) (1,514,786,921) (1,497,419,580) |
Employee Benefits Expense
Employee Benefits Expense | 12 Months Ended |
Dec. 31, 2018 | |
EMPLOYEE BENEFITS EXPENSE. | |
Employee Benefits Expense | 30. EMPLOYEE BENEFITS EXPENSE. Employee expenses for the years ended December 31, 2018, 2017 and 2016, are as follows: For the years ended December 31, 2018 2017 2016 Employee Benefits Expense ThCh$ ThCh$ ThCh$ Wages and salaries (102,897,710) (100,653,880) (100,938,761) Post-employment benefit obligations expense (1,881,202) (2,091,205) (1,899,660) Social security and other contributions (13,405,944) (13,150,402) (21,260,007) Other employee expenses (4,945,478) (5,608,290) — Total (123,130,334) (121,503,777) (124,098,428) |
Depreciation, Amortization and
Depreciation, Amortization and Impairment Losses | 12 Months Ended |
Dec. 31, 2018 | |
DEPRECIATION, AMORTIZATION AND IMPAIRMENT LOSSES. | |
Depreciation, Amortization and Impairment Losses | 31. DEPRECIATION, AMORTIZATION AND IMPAIRMENT LOSSES. The detail of depreciation, amortization and impairment losses for the years ended December 31, 2018, 2017 and 2016, are as follows: For the years ended December 31, 2018 2017 2016 ThCh$ ThCh$ ThCh$ Depreciation (202,971,892) (145,873,065) (155,826,620) Amortization (12,215,408) (6,811,041) (5,833,990) Subtotal (215,187,300) (152,684,106) (161,660,610) Impairment (Losses) Reversals (*) (5,562,897) (7,937,817) (35,926,710) Total (220,750,197) (160,621,923) (197,587,320) For the years ended December 31, Generation Distribution Other Total 2018 2017 2016 2018 2017 2016 2018 2017 2016 2018 2017 2016 (*) Impairment Losses ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Impairment losses of financial assets (See Note 11.d) (100,900) 55,494 — (4,676,808) (7,993,311) (5,141,179) — — — (4,777,708) (7,937,817) (5,141,179) Investment property (See Note 1.p and 19) — — — — (779,825) — — (779,825) — — Impairment losses of other assets (5,364) — (30,785,531) — — — — — — (5,364) — (30,785,531) Total (106,264) 55,494 (30,785,531) (4,676,808) (7,993,311) (5,141,179) (779,825) — — (5,562,897) (7,937,817) (35,926,710) |
Other Expenses
Other Expenses | 12 Months Ended |
Dec. 31, 2018 | |
OTHER EXPENSES | |
Other Expenses | 32. OTHER EXPENSES. Other miscellaneous operating expenses for the years ended December 31, 2018, 2017 and 2016, are as follows: For the years ended December 31, 2018 2017 2016 Other Expenses ThCh$ ThCh$ ThCh$ Other supplies and services (22,910,010) (17,064,008) (23,962,717) Professional, outsourced and other services (43,762,468) (58,622,123) (55,571,694) Repairs and maintenance (49,671,615) (13,999,283) (11,030,522) Indemnities and fines (455,825) (776,011) (3,046,557) Taxes and charges (4,415,819) (5,105,235) (4,972,995) Insurance premiums (15,794,761) (13,277,718) (17,148,278) Leases and rental costs (4,494,358) (2,969,436) (3,250,503) Marketing, public relations and advertising (2,440,070) (2,501,027) (3,736,414) Written-off Huechún and Chillán projects (*) — — (36,480,223) Written-off projects in progress (*) — (25,105,911) — Other supplies (10,774,808) (11,188,148) (6,132,681) Travel expenses (2,825,604) (3,445,944) (3,190,662) Environmental expenses (9,664,683) (7,769,230) (2,245,891) Total (167,210,021) (161,824,074) (170,769,137) (*) See Note 18.e.viii. |
Other Gains (Losses)
Other Gains (Losses) | 12 Months Ended |
Dec. 31, 2018 | |
OTHER GAINS (LOSSES) | |
Other Gains (Losses) | 33. OTHER GAINS (LOSSES). Other gains (losses) for the years ended December 31, 2018, 2017 and 2016, are as follows: For the years ended December 31, 2018 2017 2016 Other Gains (Losses) ThCh$ ThCh$ ThCh$ Gain on sale of GNL Quintero S.A. (**) — — 121,325,018 Gain on sale of Electrogas (*) — 105,311,912 — Gain on sale of assets 3,024,549 7,779,531 — Other 385,830 149,753 165,044 Total 3,410,379 113,241,196 121,490,062 (*) (**) |
Financial Results
Financial Results | 12 Months Ended |
Dec. 31, 2018 | |
FINANCIAL RESULTS. | |
Financial Results | 34. FINANCIAL RESULTS. Financial income and costs for the years ended December 31, 2018, 2017 and 2016, are as follows: For the years ended December 31, 2018 2017 2016 Financial Income ThCh$ ThCh$ ThCh$ Income from deposits and other financial instruments 9,612,575 8,377,023 5,733,428 Interests charged to customers in energy accounts and billing 7,140,984 8,556,587 — Other financial income 3,180,909 4,729,078 17,372,473 Total Financial Income 19,934,468 21,662,688 23,105,901 For the years ended December 31, 2018 2017 2016 Financial Costs ThCh$ ThCh$ ThCh$ Financial Costs (122,184,189) (53,510,882) (58,199,382) Bank loans (20,701,774) (12,585) (2,034,277) Secured and unsecured obligations (62,255,300) (42,708,253) (44,268,489) Financial leasing (739,069) (811,172) (780,953) Valuation of financial derivatives 1,183,228 (1,067,820) (824,922) Financial provisions (1) (3,176,001) (2,347,087) (2,551,211) Post-employment benefit obligations (2) (2,750,376) (2,678,300) (2,517,406) Debt formalization expenses and other associated expenses (9,373,412) (836,174) — Capitalized borrowing costs 6,435,646 4,078,463 3,001,211 Other financial costs (3) (30,807,131) (7,127,954) (8,223,335) Loss from indexed assets and liabilities (*) (818,146) 916,666 1,631,840 Foreign currency exchange differences (**) (7,807,197) 8,516,874 12,978,471 Total Financial Costs (130,809,532) (44,077,342) (43,589,071) Total Financial Results (110,875,064) (22,414,654) (20,483,170) (1) See note 25. (2) See note 26. (3) For the year ended December 31, 2018, interest cost of ThCh$23,253,535 were incurred with Enel Finance International NV (ThCh$0 in 2017). The effects on financial results from the application of indexed assets and liabilities and exchange differences originated from the following For the years ended December 31, 2018 2017 2016 Profit (losses) from Indexed Assets and Liabilities (*) ThCh$ ThCh$ ThCh$ Other financial assets 7,676,500 4,659,933 7,237,000 Trade and other receivables 1,197,498 155,158 1,077,086 Current tax assets and liabilities 3,469,752 1,654,538 2,349,415 Other financial liabilities (financial debt and derivative instruments) (9,390,716) (5,551,163) (9,014,858) Trade and other payables 15,145 (1,800) (16,803) Result for hyperinflation (1) (3,786,325) — — Total (818,146) 916,666 1,631,840 For the years ended December 31, 2018 2017 2016 Foreign Currency Exchange Differences (**) ThCh$ ThCh$ ThCh$ Cash and cash equivalents (415,962) 2,931,086 240,451 Other financial assets 5,733,173 10,895,862 25,476,638 Trade and other receivables 191,946 390,764 2,595,997 Current tax assets and liabilities (1,903,963) (188,270) — Other financial liabilities (financial debt and derivative instruments) (5,726,246) (4,358,937) (18,538,354) Trade and other payables (5,379,210) (1,152,505) 3,203,739 Other non-financial liabilities (306,935) (1,126) — Total (7,807,197) 8,516,874 12,978,471 (1) Financial Reporting in Hyperinflationary Economies on the branch owned by GasAtacama Group in Argentina (See Note 7) |
Information by Segment
Information by Segment | 12 Months Ended |
Dec. 31, 2018 | |
INFORMATION BY SEGMENT | |
Information by Segment | 35. INFORMATION BY SEGMENT 35.1 Basis of segmentation The Group’s activities operate under a matrix management structure with dual and cross management responsibilities (based on businesses), and its subsidiaries are engaged in either the Generation Business or the Distribution Business. The Group adopted a “bottom-up” approach to determine its reportable segments. The Generation and the Distribution reportable segments have been defined based on IFRS 8.9 and on the criteria described in IFRS 8.12. Generation Business: The Generation Reportable Segment is comprised of a group of electricity companies that own electricity generating plants, whose energy is transmitted and distributed to end customers. The generation business is conducted in Chile by our subsidiaries Enel Generación Chile S.A., Empresa Eléctrica Pehuenche S.A. and Gasatacama Chile S.A., and our group engaged in the development and exploitation of renewable energies with wind energy subsidiaries: Parque Eólico Tal Tal S.A., Parque Eólico Valle de los Vientos S.A. and Parque Talinay Oriente S.A., geothermal subsidiaries: Geotérmica del Norte S.A. and Empresa Nacional de Geotermia S.A., wind and solar energy subsidiaries from Enel Green Power del Sur SpA, and subsidiary Empresa Eléctrica Panguipulli S.A. engaged in hydroelectric, solar and wind generation. The rest are engaged in diverse projects and are: Diego de Almagro Matriz SpA, Almeyda Solar SpA. Distribution Business: The Distribution Reportable Segment is comprised of a group of electricity companies operating under a public utility concession, with service obligations and regulated tariffs for supplying regulated customers. The Distribution Business is conducted by our subsidiary Enel Distribución Chile S.A. and its subsidiaries. Each of the operating segments generates separate financial information, which is aggregated into one combined set of information for the Generation Business, and another set of combined information for the Distribution Business at the reportable segment level. In addition, in order to assist the decision maker process, the Planning & Control Department at the Parent Company level prepares internal reports containing combined information at the reportable segment level about the main key performance indicators (KPIs), such as: EBITDA, Gross Margin, Total Capex, Total Opex, Net income, Total Energy Generation, among others. The presentation of information under this business approach has been made taking into consideration that the KPIs are similar and comparable in all segments, in each of the following aspects: (a) the nature of the activities: Generation on one hand, and Distribution on the other; (b) the nature of the production processes: the Generation Business deals with the generation of electricity, while the Distribution Business does not generate electricity, but distributes electricity to end customers; (c) the type or class of customer for their products and services: the Generation Business provides services mainly to unregulated customers, while the Distribution Business provides energy to regulated customers; (d) the methods used to distribute their products or provide their services: generators generally sell the energy through energy auctions, while distributors provide energy in their concession area; and (e) the nature of the regulatory environment (public utilities): the regulatory frameworks differs in the Generation Business and Distribution Business The Company’s chief operating decision maker (CODM) in conjunction with the Chile manager reviews on a monthly basis these internal reports and uses the KPI information to make decisions on the allocation of resources and the assessment of the performance of the operating segments for each reportable segment. The information disclosed in the following tables is based on the financial information of the companies forming each segment. The accounting policies used to determine the segment information are the same as those used in the preparation of the Group’s consolidated financial statements. The following tables present details of this information by segment: 35.2 Generation, distribution and others Generation Distribution Holdings, eliminations and others Total 12-31-2018 12-31-2017 12-31-2018 12-31-2017 12-31-2018 12-31-2017 12-31-2018 12-31-2017 Line of Business ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ASSETS CURRENT ASSETS 997,843,912 658,599,127 296,453,471 261,378,069 (297,349,611) 135,159,356 996,947,772 1,055,136,552 Cash and cash equivalents 155,591,949 211,027,141 4,969,412 42,594,390 84,610,563 165,834,495 245,171,924 419,456,026 Other current financial assets 39,507,485 20,523,276 62,226 61,887 733,462 41,899 40,303,173 20,627,062 Other current non-financial assets 14,074,044 13,136,459 5,648,807 4,940,347 2,683,237 709,085 22,406,088 18,785,891 Trade and other current receivables 254,374,451 207,208,820 218,310,327 195,505,229 5,485,289 4,254,488 478,170,067 406,968,537 Current accounts receivable from related companies 422,492,265 109,797,820 59,827,152 6,305,806 (428,148,357) (44,247,580) 54,171,060 71,856,046 Inventories 48,221,915 31,740,903 3,528,174 3,049,576 5,211,554 4,896,463 56,961,643 39,686,942 Current tax assets 63,581,803 65,164,708 4,107,373 8,920,834 32,074,641 3,670,506 99,763,817 77,756,048 Non-current assets classified as held for sale — — — — — — — — NON-CURRENT ASSETS 4,625,205,545 2,895,863,063 982,926,699 893,633,579 882,940,148 850,139,814 6,491,072,392 4,639,636,456 Other non-current financial assets 6,554,114 33,391,398 26,410 26,806 689,145 — 7,269,669 33,418,204 Other non-current non-financial assets 42,006,844 12,853,460 2,600,071 959,679 1,097 — 44,608,012 13,813,139 Trade and other non-current receivables 1,565,812 1,032,922 41,993,899 34,272,234 16,968,132 877,243 60,527,843 36,182,399 Investments accounted for using the equity method 12,873,531 16,912,454 — — — — 12,873,531 16,912,454 Intangible assets other than goodwill 68,776,401 18,607,972 41,963,796 34,236,891 4,632,196 2,326,041 115,372,393 55,170,904 Goodwill 32,500,603 24,860,356 2,240,478 2,240,478 880,303,644 860,156,821 915,044,725 887,257,655 Property, plant and equipment 4,442,872,809 2,788,204,501 893,246,804 821,234,672 (27,471,980) (23,752,036) 5,308,647,633 3,585,687,137 Investment property — — — — 7,557,356 8,356,772 7,557,356 8,356,772 Deferred tax assets 18,055,431 — 855,241 662,819 260,558 2,174,973 19,171,230 2,837,792 TOTAL ASSETS 5,623,049,457 3,554,462,190 1,279,380,170 1,155,011,648 585,590,537 985,299,170 7,488,020,164 5,694,773,008 Generation Distribution Holdings, eliminations and others Total 12-31-2018 12-31-2017 12-31-2018 12-31-2017 12-31-2018 12-31-2017 12-31-2018 12-31-2017 Line of Business ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ LIABILITIES AND EQUITY CURRENT LIABILITIES 909,428,562 543,356,500 450,182,594 408,687,871 (142,147,004) (135,227,725) 1,217,464,152 816,816,646 Other current financial liabilities 196,141,320 18,815,434 2 14 214,524,493 — 410,665,815 18,815,448 Trade and other current payables 317,337,886 309,883,528 156,939,551 176,411,186 80,008,887 69,683,804 554,286,324 555,978,518 Current accounts payable to related companies 337,986,306 122,862,944 258,410,862 207,909,593 (438,460,843) (211,159,565) 157,936,325 119,612,972 Other current provisions 5,195,377 5,296,635 — — 393,409 339,536 5,588,786 5,636,171 Current tax liabilities 12,563,801 66,933,261 5,114,119 94,246 — — 17,677,920 67,027,507 Other current non-financial liabilities 40,203,872 19,564,698 29,718,060 24,272,832 1,387,050 5,908,500 71,308,982 49,746,030 NON-CURRENT LIABILITIES 1,846,575,202 1,022,091,736 63,065,351 61,965,918 686,751,678 6,937,051 2,596,392,231 1,090,994,705 Other non-current financial liabilities 1,028,833,254 781,978,145 — — 677,000,249 — 1,705,833,503 781,978,145 Trade and other non-current payables 2,556,521 632,642 27,172 27,182 487 — 2,584,180 659,824 Non-current accounts payable to related companies 447,193,802 318,518 — — — — 447,193,802 318,518 Other long-term provisions 91,898,262 63,992,567 13,973,113 14,430,270 — — 105,871,375 78,422,837 Deferred tax liabilities 260,950,163 160,293,916 21,335,014 18,786,185 (4,205,123) (6,856,420) 278,080,054 172,223,681 Non-current provisions for employee benefits 15,143,200 14,875,948 27,503,399 28,412,505 13,956,065 13,793,471 56,602,664 57,081,924 Other non-current non-financial liabilities — — 226,653 309,776 — — 226,653 309,776 EQUITY 2,867,045,693 1,989,013,954 766,132,225 684,357,859 40,985,863 1,113,589,844 3,674,163,781 3,786,961,657 Equity attributable to Enel Chile 2,867,045,693 1,989,013,954 766,132,225 684,357,859 40,985,863 1,113,589,844 3,421,228,519 2,983,384,010 Issued capital 1,137,185,366 552,777,321 230,137,980 230,137,980 2,587,168,133 1,446,193,674 3,954,491,479 2,229,108,975 Retained earnings 1,626,928,911 1,398,018,156 852,296,368 769,928,443 (564,427,666) (416,341,016) 1,914,797,613 1,751,605,583 Share Premium 85,511,492 85,511,492 354,220 354,220 (85,865,712) (85,865,712) — — Treasury shares — — — (72,388,009) — (72,388,009) Other reserves 17,419,924 (47,293,015) (316,656,343) (316,062,784) (1,823,500,883) 169,602,898 (2,375,672,564) (997,330,548) Non-controlling interests — — — — — — 252,935,262 803,577,647 Total Liabilities and Equity 5,623,049,457 3,554,462,190 1,279,380,170 1,155,011,648 585,590,537 985,299,170 7,488,020,164 5,694,773,008 Generation Distribution Holdings, eliminations and others Total 12-31-2018 12-31-2017 12-31-2016 12-31-2018 12-31-2017 12-31-2016 12-31-2018 12-31-2017 12-31-2016 12-31-2018 12-31-2017 12-31-2016 Line of Business ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ STATEMENT OF COMPREHENSIVE INCOME REVENUES AND OTHER OPERATING INCOME 1,580,653,088 1,634,937,087 1,659,727,329 1,263,224,072 1,326,658,860 1,315,760,852 (386,715,734) (438,617,665) (433,921,362) 2,457,161,426 2,522,978,282 2,541,566,819 Revenues 1,540,352,133 1,599,032,140 1,639,959,816 1,254,943,604 1,322,422,609 1,310,175,226 (384,935,278) (437,353,167) (434,291,162) 2,410,360,459 2,484,101,582 2,515,843,880 Energy sales 1,425,942,129 1,457,671,722 1,516,688,442 1,170,129,333 1,180,426,814 1,172,700,558 (393,993,374) (376,007,978) (376,745,382) 2,202,078,088 2,262,090,558 2,312,643,618 Other sales 103,779,801 94,452,287 64,638,599 16,411,425 12,741,568 8,968,859 3,154,157 168,942 — 123,345,383 107,362,797 73,607,458 Other services rendered 10,630,203 46,908,131 58,632,775 68,402,846 129,254,227 128,505,809 5,903,939 (61,514,131) (57,545,780) 84,936,988 114,648,227 129,592,804 Other operating income 40,300,955 35,904,947 19,767,513 8,280,468 4,236,251 5,585,626 (1,780,456) (1,264,498) 369,800 46,800,967 38,876,700 25,722,939 RAW MATERIALS AND CONSUMABLES USED (709,506,221) (903,978,006) (895,060,114) (972,499,918) (1,055,708,050) (1,042,329,385) 389,829,023 444,899,135 439,969,919 (1,292,177,116) 0 (1,514,786,921) 0 (1,497,419,580) Energy purchases (213,114,437) (346,954,692) (335,731,822) (926,385,346) (938,067,783) (936,965,119) 391,853,181 382,587,604 380,950,057 (747,646,602) 0 (902,434,871) 0 (891,746,884) Fuel consumption (231,028,169) (280,739,362) (295,148,838) — — — — — — (231,028,169) 0 (280,739,362) 0 (295,148,838) Transportation expenses (154,044,158) (152,869,838) (192,502,995) (9,816,883) (63,009,956) (60,454,433) (3,014,761) 60,000,545 57,834,310 (166,875,802) 0 (155,879,249) 0 (195,123,118) Other miscellaneous supplies and services (111,319,457) (123,414,114) (71,676,459) (36,297,689) (54,630,311) (44,909,833) 990,603 2,310,986 1,185,552 (146,626,543) 0 (175,733,439) 0 (115,400,740) CONTRIBUTION MARGIN 871,146,867 730,959,081 764,667,215 290,724,154 270,950,810 273,431,467 3,113,289 6,281,470 6,048,557 1,164,984,310 1,008,191,361 1,044,147,239 Other work performed by the entity and capitalized 8,663,737 7,226,484 9,758,304 6,667,947 6,630,130 6,338,547 1,379,279 532,373 1 16,710,963 14,388,987 16,096,852 Employee benefits expense (61,991,737) (54,222,470) (60,350,072) (32,598,818) (38,449,551) (35,557,457) (28,539,779) (28,831,756) (28,190,899) (123,130,334) (121,503,777) (124,098,428) Other expenses (104,190,567) (102,821,020) (119,303,215) (64,179,201) (61,942,592) (52,077,948) 1,159,747 2,939,538 612,026 (167,210,021) (161,824,074) (170,769,137) GROSS OPERATING INCOME 713,628,300 581,142,075 594,772,232 200,614,082 177,188,797 192,134,609 (22,887,464) (19,078,375) (21,530,315) 891,354,918 739,252,497 765,376,526 Depreciation and amortization expense (179,901,682) (117,337,553) (132,600,381) (36,677,957) (36,685,324) (30,399,304) 1,392,339 1,338,771 1,339,075 (215,187,300) (152,684,106) (161,660,610) Impairment losses (reversal of impairment losses) recognized in profit or loss (106,264) 55,494 (30,785,531) (4,676,808) (7,993,311) (5,141,179) (779,825) — — (5,562,897) (7,937,817) (35,926,710) OPERATING INCOME 533,620,354 463,860,016 431,386,320 159,259,317 132,510,162 156,594,126 (22,274,950) (17,739,604) (20,191,240) 670,604,721 578,630,574 567,789,206 FINANCIAL RESULT (86,621,659) (36,610,248) (35,678,632) 6,088,801 6,411,837 8,579,316 (30,342,206) 7,783,757 6,616,146 (110,875,064) (22,414,654) (20,483,170) Financial income 8,727,356 5,273,672 6,150,751 11,166,433 12,894,635 14,289,185 40,679 3,494,381 2,665,965 19,934,468 21,662,688 23,105,901 Cash and cash equivalents 5,673,621 3,077,708 2,150,797 1,633,373 1,975,564 1,680,365 2,305,581 3,323,751 — 9,612,575 8,377,023 3,831,162 Other financial income 3,053,735 2,195,964 3,999,954 9,533,060 10,919,071 12,608,820 (2,264,902) 170,630 2,665,965 10,321,893 13,285,665 19,274,739 Financial costs (82,878,715) (50,851,829) (55,701,778) (6,724,490) (7,094,366) (6,488,659) (32,580,984) 4,435,313 3,991,055 (122,184,189) (53,510,882) (58,199,382) Bank borrowings (9,269,535) (261) (2,033,835) (5,374) (12,299) (476) (11,426,865) (25) — (20,701,774) (12,585) (2,034,311) Secured and unsecured obligations (43,965,839) (42,708,253) (44,268,489) — — — (18,289,461) — — (62,255,300) (42,708,253) (44,268,489) Other (29,643,341) (8,143,315) (9,399,454) (6,719,116) (7,082,067) (6,488,183) (2,864,658) 4,435,338 3,991,055 (39,227,115) (10,790,044) (11,896,582) Profit (loss) from indexed assets and liabilities (2,480,291) 145,608 606,075 1,616,607 761,262 974,891 45,538 9,796 50,874 (818,146) 916,666 1,631,840 Foreign currency exchange differences (9,990,009) 8,822,301 13,266,320 30,251 (149,694) (196,101) 2,152,561 (155,733) (91,748) (7,807,197) 8,516,874 12,978,471 Positive 26,031,044 19,563,838 48,546,664 209,555 58,288 609,359 3,851,302 134,942 65,643 30,091,901 19,757,068 49,221,666 Negative (36,021,053) (10,741,537) (35,280,344) (179,304) (207,982) (805,460) (1,698,741) (290,675) (157,391) (37,899,098) (11,240,194) (36,243,195) Share of profit of associates accounted for using the equity method 3,190,240 (2,696,904) 7,878,201 — — 1,818 — — (1,819) 3,190,240 (2,696,904) 7,878,200 Other gains (losses) 3,434,503 113,088,869 121,490,974 — 157,458 (831) (24,124) (5,131) (81) 3,410,379 113,241,196 121,490,062 Gain (loss) from other investments 409,954 105,462,769 121,457,430 — 4,026 (831) (24,124) (5,131) (81) 385,830 105,461,664 121,456,518 Gain (loss) from the sale of property, plant and equipment 3,024,549 7,626,100 33,544 — 153,432 — — — — 3,024,549 7,779,532 33,544 Income before tax 453,623,438 537,641,733 525,076,863 165,348,118 139,079,457 165,174,429 (52,641,280) (9,960,978) (13,576,994) 566,330,276 666,760,212 676,674,298 Income tax (113,783,941) (112,099,519) (83,216,935) (42,967,123) (34,030,322) (32,589,362) 3,268,545 2,787,540 4,403,115 (153,482,519) (143,342,301) (111,403,182) Net income from continuing operations 339,839,497 425,542,214 441,859,928 122,380,995 105,049,135 132,585,067 (49,372,735) (7,173,438) (9,173,879) 412,847,757 523,417,911 565,271,116 Net income from discontinued operations — — — — — — — — — — — — NET INCOME 339,839,497 425,542,214 441,859,928 122,380,995 105,049,135 132,585,067 (49,372,735) (7,173,438) (9,173,879) 412,847,757 523,417,911 565,271,116 Net income attributable to: 339,839,497 425,542,214 441,859,928 122,380,995 105,049,135 132,585,067 (49,372,735) (7,173,438) (9,173,879) 412,847,757 523,417,911 565,271,116 Shareholders of Enel Chile — — — — — — — — — 361,709,937 349,382,642 384,159,865 Non-controlling interests — — — — — — — — — 51,137,820 174,035,269 181,111,251 Generation Distribution Holdings, eliminations and others Total 12-31-2018 12-31-2017 12-31-2016 12-31-2018 12-31-2017 12-31-2016 12-31-2018 12-31-2017 12-31-2016 12-31-2018 12-31-2017 12-31-2016 Line of Business ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ STATEMENT OF CASH FLOWS Cash flows from (used in) operating activities 638,607,494 488,167,382 490,177,558 117,692,384 170,628,958 148,354,968 (20,774,356) (23,182,620) (23,847,670) 735,525,522 635,613,720 614,684,856 Cash flows from (used in) investing activities (451,284,432) (91,867,647) (34,631,759) (123,070,452) (74,464,531) (55,007,620) (1,307,204,810) 19,866,401 26,150,787 (1,881,559,694) (146,465,777) (63,488,592) Cash flows from (used in) financing activities (249,051,150) (301,835,211) (374,835,378) (32,268,227) (76,923,085) (88,519,047) 1,247,896,253 61,162,775 17,487,453 966,576,876 (317,595,521) (445,866,972) The holdings, eliminations and others column corresponds to transactions between companies in different lines of business, primarily purchases and sales of energy and services |
Third Party Guarantees, Other C
Third Party Guarantees, Other Contingent Assets and Liabilities, and Other Commitments | 12 Months Ended |
Dec. 31, 2018 | |
PROVISIONS | |
Third Party Guarantees, Other Contingent Assets and Liabilities, and Other Commitments | 36. THIRD PARTY GUARANTEES, OTHER CONTINGENT ASSETS AND LIABILITIES, AND OTHER 36.1 Direct guarantees. As of December 31, 2018 and 2017, the Group had future energy purchase commitments amounting to ThCh$8,404,005 and ThCh$16,493,309, respectively. 36.2 Indirect guarantees Debtor Outstanding balance as of Type Contract Maturity Creditor of Guarantee Company Relationship Type of Guarantee Currency 12-31-2018 12-31-2017 Secured Bonds Serie B (1) October 2028 Bondholders of Enel Américas' Bonds Enel Américas S.A. Entities demerged from original debtor Enersis S.A. (codebtor Enel Chile S.A.) (1) Codebtor USD 22,798 31,294 Aval Credit Opening Agreement September 2019 Bilbao Viscaya Argentina Bank, Chile Enel Green Power Chile Limitada Subsidiary Codebtor USD 100,000 Aval Credit Opening Agreement December 2020 Bilbao Viscaya Argentina Bank, Chile Enel Green Power Chile Limitada Subsidiary Codebtor USD 150,000 Aval Credit Opening Agreement December 2021 Bilbao Viscaya Argentina Bank, Chile Empresa Electrica Panguipulli S.A Subsidiary Codebtor USD 150,000 (1) As a result of the Enersis’ Spin-Off and in accordance with the bond indenture, all entities arising from the demerger are liable for the debt, regardless that the payment obligation remains in Enel Américas S.A. 36.3 Lawsuits and Arbitration Proceedings. As of the date of these consolidated financial statements, the most relevant litigation involving the Company and its subsidiaries are as follows: 1. Enel Chile S.A. 1.1. Inversiones Tricahue S.A., a minority shareholder of Empresa Eléctrica Pehuenche S.A., requested in the 22nd Civil Court of Santiago the appointment of an arbitrator, to hear and resolve the arbitration claim that Inversiones Tricahue S.A. seeks to bring against Empresa Eléctrica Pehuenche S.A., Enel Generación Chile S.A., Enel Chile S.A., and the directors of these three companies, for the alleged damages that the Pehuenche management allegedly inflicted on the minority shareholders, as a result of the Project Elqui reorganization and the development of Pehuenche’s electricity generation business. Once the request for the appointment of an arbitrator was presented, the three defendant companies and their directors submitted numerous objections, all of which were rejected by the ruling of June, 2018. Subsequently, Mr. Nelson Contador was designated as a referee judge whom accepted the position. The companies and their directors appealed the appointment of arbitrator judge, granting said recourse in the only devolutive effect. Against this resolution, the defendants filed an appeal to the ruling claiming that said appeal should have been granted in both cases ordering the suspension of the sentence while the appeals are resolved. On the other hand, the plaintiff also filed an appeal to the ruling, urging that the appeals granted not be processed, as far as it seems, the resolution that the arbitrator appointed does not admit an appeal. Both resources are pending resolution. 2. GasAtacama Chile S.A. 2.1. By means of ORD No. 5,705 of May 23, 2016, the Superintendency of Electricity and Fuels, filed charges against GasAtacama Chile S.A. for providing allegedly erroneous information to the centralized operating agent of the national CDEC-SING with respect to the Technical Minimum (MT) and Average Time of the Operation parameters (TMO) during the period between January 1, 2011 and October 29, 2015, GasAtacama Chile S.A. presented its objections, which were rejected by the Superintendency’s Resolution No. 014606 of August 4 of 2016, which imposed a fine of 120,000 UTM (ThCh $5,802,360). In opposition to the above mentioned resolution of the Superintendency that applied the fine, GasAtacama Chile S.A. submitted a request for reconsideration before the Superintendency, which was rejected through Resolution No. 15908, dated November 2, 2016, which confirms the totality of the fine imposed. In opposition to the resolution, GasAtacama Chile S.A. filed a claim of illegality before the Court of Appeals of Santiago, recognizing a provision for 25% of the fine. The Court of Appeals of Santiago, meanwhile, on April 9, 2019, issued a ruling that reduced the fine imposed from 10,000 UTA (120,000 UTM) to 500 UTA. Both the Superintendency of Electricity and Fuels and GasAtacama Chile S.A. filed appeals before the Supreme Court against this ruling, which is pending admissibility, hearing and resolution. 3. Enel Distribución Chile S.A. 3.1 The attorney, Ms. Nicole Vasseur Porcel, as legal representative of Ms. Camila Paz Castillo Abarca and her minor daughter Ms. Kimora Belén Fernández Castillo, and Ms. Graciela Rodríguez Mundaca, filed a lawsuit against Chilectra S.A. (now Enel Distribución Chile S.A.) for a total amount of ThCh$600,000 (ThCh$200,000 each) for alleged punitive damages due to death of her spouse, father and son, respectively, Mr. Patricio Javier Fernández Rodríguez (deceased), which occurred on February 21, 2012 as a result of the injuries suffered by his fall from a street lighting pole after a truck passing through hooked the power lines attached to such a pole and caused it to fall. On February 24, 2016, Enel Distribución Chile requested the abandonment of the legal proceeding (together with the suspension of the proceeding and the file), before which the plaintiff did not make any presentation. The request for abandonment of the proceeding is still pending resolution. 3.2 Ms. Evelyn del Carmen Molina González, on her own behalf and on behalf of her minor daughters Maite Alué Letelier Molina and Daniela Anaís Letelier Molina, filed a lawsuit against Chilectra S.A. (now Enel Distribución Chile S.A.) and its subcontractor Sociedad de Servicios Personales para el Área Eléctrica Limitada (“SSPAEL”) for a total amount of ThCh$2,000,000 (ThCh$1,000,000 for the first plaintiff and ThCh$500,000 for each of the latter two plaintiffs) for punitive damages due to death of their spouse and father, respectively, Mr. David Letelier Riveros (deceased), which occurred on May 25, 2013 as a result of the injuries suffered by electrocution and falling from a street lightning pole on which he was working. On November 24, 2017 Enel Distribución Chile filed an appeal against the ruling, raising the antecedents to the Court of Appeals of Santiago on December 4, 2017, in relation to the case since December 20, 2017. On December 21, 2018 the sentence is confirmed by the Court of Appeals. 3.3 A class action lawsuit sponsored by the National Consumer Board (SERNAC) for alleged breach of the collective, diffuse interest of the consumers as provided for in the Consumer Protection Law, for which they petitioned that Enel Distribución Chile S.A. should be fined for the breach of the above-mentioned law, and also that it should be ordered to pay compensation for damages caused to all of the consumers as a result of the interruption of the electricity supply that affected a large part of the Metropolitan Region as a result of the inclement weather front, specifically a snowstorm, in July 2017. On November 13, 2017 Enel Distribución Chile answered the complaint. Enel Distribución Chile believes that the expected outcome of the litigation is remote, considering the background that is at hand. It is worth mentioning that in this case the amount of compensation claimed is indeterminate. Besides, 35 new consumers have joined the lawsuit. A summons to a conciliation hearing is pending. 3.4 Ms. Ximena Acevedo Herrera, Benjamín Jiménez Acevedo, Francisco Jiménez Acevedo, Nancy Garrido Muñoz, Juan Carlos Jiménez Rocuant, Carolina Jiménez Garrido and Natalia Jiménez Garrido filed a lawsuit against Ingeniería Eléctrica Azeta Ltda and Enel Distribución Chile S.A. for a total amount of ThCh$878,227 (ThCh$28,226 for lost profits and ThCh$850,000 for punitive damages) due to the death of their spouse, father, son, and brother, Mr. Juan Pablo Jiménez Garrido (deceased), which occurred on February 22, 2013 as a result of a head trauma caused by a bullet. Enel Distribución Chile is a defendant in its capacity as the contractor of Azeta. On May 31, 2018, the plaintiff requested nullity of the hearing of the case due to the impediment of appearing due to force majeure, evacuating the transfer of Enel Distribución Chile on June 15, 2018, which was rejected on June 28, 2018. 3.5 Mr. Víctor Hugo Coronado González; Ms. Francia Magali Bustos Uribe, both on their behalf and on behalf of their minor daughter Nicolson Rocío Coronado Bustos, and of Víctor Ignacio Coronado Bustos, filed a lawsuit against Enel Distribución Chile for a total amount of ThCh$704,860 (ThCh$264,860 for lost profits and ThCh$440,000 for punitive damages) due to the accident that occurred on June 22, 2015 and affected Mr. Víctor Hugo Coronado González who received an electrical discharge and suffered severe injuries. On July 30, 2018, the confessional evidence was presented by the plaintiff. On August 9, 2018 the expert report was released. On August 14, 2018 the plaintiff presented its observations of the evidence. On August 23, 2018 the court summoned the parties to hear the ruling. Enel Distribución Chile filed a request for reconsideration against the resolution summoned the parties to hear the ruling alleging that there was evidence pending. However, the court rejected the request for reconsideration. 3.6 By means of Exempt Resolution No. 21,036 of November 3, 2017, the Superintendency of Electricity and Fuels confirmed the fine of 35,611 UTM imposed on Enel Distribución Chile S.A., when it ruled against the request for reconsideration of the ruling filed on January 14, 2016, against Exempt Resolution No. 11,750 of December 29, 2015 because it considered that, in the period 2013-2014, Enel Distribución Chile had repeatedly exceeded the supply continuity indices stipulated in the law. In opposition to the aforementioned ruling, Enel Distribución presented an appeal before the Court of Appeals of Santiago on November 28, 2017. On July 12, 2018, the expert (appointed by the Court) summoned the recognition hearing, which was rejected by the Court in a ruling dated July 26, 2018. On August 1, 2018, Enel Distribución Chile filed a request for reconsideration against said ruling. On August 8, 2018, the expert informed the Court that he had assumed a public position that disqualified him from providing the expert testimony, which the Court took into account in a ruling dated August 9, 2018. On the same date, Enel Distribución Chile requested a hearing for the appointment of a new expert, which hearing was held on September 21, 2018, because the Superintendency of Electricity and Fuels did not appear at the hearing. 3.7 By means of Exempt Resolution No. 24805 dated July 20, 2018, the Superintendency of Electricity and Fuels confirmed the fine imposed on Enel Distribución Chile S.A. for 80,000 UTM, when it rejected the request for reconsideration filed against Exempt Resolution No. 21788 of December 29, 2017 based on the fact that Enel Distribución Chile kept more than 100,000 customers without electricity supply for a period exceeding 20 hours, in relation to the power outage that occurred on July 15, 2017 (the snowstorm event). In opposition to the aforementioned resolution, Enel Distribución Chile presented an appeal before the Court of Appeals of Santiago on August 7, 2018. On August 21, 2018, the Court heard the appeal, requesting a report from the Superintendency of Electricity and Fuels, which was released on September 7, 2018. On September 10, 2018, Enel Distribución Chile requested that a probationary period be opened. On September 26, 2018 the parties were summoned to make their closing arguments, and the Court rejected the request to open a probationary period. 3.8 By means of Exempt Resolution No. 24821 dated July 23, 2018, the Superintendency of Electricity and Fuels confirmed the fine imposed on Enel Distribución Chile S.A. for 10,000 UTM, when it rejected the request for reconsideration against Exempt Resolution No. 21790 dated December 29, 2017 based on the fact that Enel Distribución Chile did not provide an adequate and timely customer service to the power outage that occurred on July 15, 2017 (the snowstorm event), which resulted from not having adequate customer service and information systems. In opposition to the aforementioned resolution, Enel Distribución Chile filed an appeal with the Court of Appeals of Santiago on August 7, 2018. 3.9 By means of Exempt Resolution No. 19,939 dated August 11, 2017, the Superintendency of Electricity and Fuels imposed a fine of 70,000 UTM on Enel Distribución Chile for the delay of more than 20 hours in the restoration of the electricity supply for 23,359 customers with respect to the inclement weather front that occurred June 16, 2017. On August 23, 2018, Enel Distribución Chile filed a request for reconsideration against this resolution. On July 9, 2018, Enel Distribución Chile filed an appeal before the Court of Appeals of Santiago. By resolution of July 23, 2018, the Court heard the appeal, requesting a report from the Superintendency of Electricity and Fuels, which was released on August 8, 2018. By resolution of August 13, 2018, the parties were summoned to make their closing arguments. On August 14, 2018, Enel Distribución Chile requested the opening of a probationary period, which the court rejected in a decision dated August 28, 2018. On August 29, 2018, Enel Distribución Chile filed a request for reconsideration against said decision, which was also rejected on September 11, 2018. In relation to the litigation described above, the Group has established provisions for ThCh $12,634,688 as of December 31, 2018 (see Note 25). Although there are other lawsuits that also have associated provisions but are not described in this note because they individually represent immaterial amounts, the management of the Company considers that the provisions recorded in the consolidated financial statements are adequate to cover the risks resulting from litigation because it does not consider there to be any additional liabilities other than those specified. Given the characteristics of the risks covered by these provisions, it is not possible to determine a reasonable schedule of payment dates if there are any. 36.4 Financial restrictions. A number of the Group’s subsidiaries’ loan agreements, include the obligation to comply with certain financial ratios, which is normal in contracts of this nature. There are also affirmative and negative covenants requiring the monitoring of these commitments. In addition, there are restrictions in the events-of-default clauses of the agreements which require compliance. 1. Cross Default Some of the financial debt contracts of Enel Generación Chile contain cross default clauses, Enel Chile's bank credit under the law of the State of New York, signed in January 2018 and that expires in July 2019, does not refer to any of its subsidiaries. Therefore, the cross default can only be caused by default on another debt of Enel Chile. For the acceleration of the debt in this loan due to the cross default originating in other debts, the amount in default, whether at individual or aggregate debt level, must exceed US $ 100 million, or its equivalent in other currencies, and other additional conditions must be met, including the expiry of grace periods (if any in the contract in default) and formal notice of the intention to accelerate the debt by creditors representing more than 50% of the amount owed or committed. This loan was obtained in March 2018. As of December 31, 2018, the outstanding amount for this loan was ThUS$212,736,908. Regarding the Enel Chile bond registered with the SEC, commonly called “Yankee bonds”, a cross default might be triggered by another debt of the Company on an individual level, or of any Chilean subsidiary, for any amount overdue provided that the principal of the debt giving rise to the cross default exceeds US$150 million, or its equivalent in other currencies. Debt acceleration due to cross default does not occur automatically but has to be demanded by the holders of at least 25% of the bonds of the specific series of Yankee bonds. The Yankee bond of Enel Chile matures in 2028. As of December 31, 2018, the outstanding amount for the Yankee Bond was ThUS$678,787,835. The credit agreement governed by Chilean law, which Enel Generación Chile signed in March 2016, and wich expired on March 2019,for UF 2.8 million, stipulates that cross default is only triggered in the event of non-compliance by the borrower itself, i.e., Enel Generación Chile, with no reference made to its subsidiaries. In order to accelerate payment of the debt in this credit line due to cross default originated from other debt, the amount in default must exceed US$50 million, , or the equivalent in other currencies, and other additional conditions must be met such as the expiration of any grace periods. Since being signed, this credit line has not been used. Enel Generación Chile’s international credit agreement governed by New York State law, which was signed in February 2016 expiring in February 2020, also makes no reference to its subsidiaries, thus, cross default is only triggered in the event of non-compliance by the borrower itself. For the repayment of debt to be accelerated under these credit lines due to cross default originated from other debt the amount in default must exceed US$50 million or its equivalent in other currencies, and other additional conditions must be met, including the expiration of grace periods (if any), and a formal notice of intent to accelerate the debt repayment must have been served by creditors representing more than 50% of the amount owed or committed in the contract. As of December 31, 2018, these credit lines have not been drawn upon. In relation to the bond issues of Enel Generación Chile registered with the SEC, commonly called “Yankee bonds”, a cross default can be triggered by another debt of the same company or of any of their subsidiaries, for any amount overdue provided that the principal of the debt giving rise to the cross default exceeds US$30 million or its equivalent in other currencies. Debt acceleration due to cross default does not occur automatically but has to be demanded by at least 25% of the bondholders of a certain series of Yankee bonds. The Yankee bonds of Enel Generación Chile mature in 2024, 2027, 2037 and 2097. For the specific Yankee bond that was issued in April 2014 with maturity in 2024, the threshold for triggering cross default increased to US$50 million or its equivalent in other currencies. As of December 31, 2018, the outstanding amount of the Yankee bonds was ThCh$ 497,233,719. The Enel Generación Chile bonds issued in Chile state that cross default can be triggered only by the default of the issuer when the amount in default exceeds US$50 million or its equivalent in other currencies. Debt acceleration requires the agreement of at least 50% of the bondholders of a certain series. As of December 31, 2018, the outstanding amount of the local bonds was ThCh$329,260,529. The bank loan that Enel Green Power Chile took out in February 2017 for US$30 million states that the cross default is triggered by default of the debtor itself, i.e. Enel Green Power Chile, or any material subsidiary, as defined contractually . For the acceleration of the debt of this debt due to the cross default arising from another debt, the amount in default, either on an individualor aggregate debt level , must exceed US$50 million, or its equivalent in other currency. As of December 31, 2018, the outstanding amount for this loan was ThUS20,859,907. 2. Financial covenants Financial covenants are contractual commitments with respect to minimum or maximum financial ratios that a company is obliged to meet at certain periods of time (quarterly, annually, etc.), and in certain cases upon compliance with certain conditions. Most of the financial covenants of the Group limit the level of indebtedness and evaluate the ability to generate cash flows in order to service the companies’ debts. Various companies are also required to certify these covenants periodically. The types of covenants and their respective limits vary based on debt and contract type. The Enel Generación Chile bonds issued in Chile include the following financial covenants whose definitions and calculation formulas are established in the respective indentures: Series H · Consolidated Debt Ratio: The consolidated debt ratio, which is Financial Debt to Capitalization, must be no more than 0.64. Financial debt is the sum of Interest-bearing loans, current; Interest-bearing loans, non-current; Other financial liabilities, current; Other financial liabilities, non-current; and Other obligations guaranteed by the issuer or its subsidiaries; while Capitalization is the sum of Financial liabilities and Total Equity. As of December 31, 2018, the ratio was 0.30. · Consolidated Equity: A minimum Equity of Ch$761,661 million must be maintained; this limit is adjusted at the end of each year as established in the indenture. Equity corresponds to Equity attributable to the shareholders of Enel Generación Chile. As of December 31, 2018, the equity of Enel Generación Chile was Ch$1,970,521 million. · Financial Expense Coverage: A financial expense coverage ratio of at least 1.85 must be maintained. Financial expense coverage is the quotient between i) the gross margin plus financial income and dividends received from investments in associates, and ii) financial expenses; both items refer to the period of four consecutive quarters ending on the quarter being reported. For the year ended December 31, 2018, this ratio was 12.23. · Net Asset Position with Related Companies: A net asset position with related companies of no more than US$100 million must be maintained. The Net asset position with related companies is the difference between i) the sum of current accounts receivable from related parties, non-current accounts receivable from related parties, less transactions in the ordinary course of business at less than 180 days term, short-term transactions of associates of Enel Generación Chile in which Enel Américas has no participation, and long-term transactions of associates of Enel Generación Chile in which Enel Américas has no participation; and ii) the sum of current accounts payable to related parties; non-current accounts payable to related parties, less transactions in the ordinary course of business at less than 180 days term; short-term transactions of associates of Enel Generación Chile in which Enel Américas has no participation; and long-term transactions of associates of Enel Generación Chile in which Enel Américas has no participation. As of December 31, 2018, using the exchange rate prevailing on that date, the Net asset position with related companies was a negative US$125 million, indicating that Enel Américas is a net creditor of Enel Generación Chile rather than a net debtor. Series M · Consolidated Debt Ratio: The consolidated debt ratio, which is Financial debt to Capitalization, must be no more than 0.64. Financial debt is the sum of Interest-bearing loans, current; Interest-bearing loans, non-current; Other financial liabilities, current; and Other financial liabilities, non-current; while Capitalization is the sum of Financial liabilities, Equity attributable to the shareholders of the Company and Non-controlling interests. As of December 31, 2018, the debt ratio was 0.30. · Consolidated Equity: Same as for Series H. · Financial Expense Coverage Ratio: Same as for Series H · Enel Generación Chile’s domestic (governed by Chilean law, maturity in April 2019) and international (governed by New York State law, maturity in July 2019 and February 2020) credit lines include the following covenants whose definitions and formulas, identical to each other, are established in the respective contracts: · Debt Equity Ratio: The debt equity ratio, which is Financial debt to Net Equity, must be no more than 1.4. Financial debt is the sum of Interest-bearing loans, current; Interest-bearing loans, non-current; while Net Equity is the sum of the Equity attributable to the shareholders of Enel Generación Chile, and Non-controlling interests. As of December 31, 2018, the ratio was 0.42. · Debt Repayment Capacity (Debt/EBITDA Ratio): The ratio between Financial Debt and EBITDA must be no more than 6.5. Financial Debt is the sum of interest-bearing loans, current; and interest-bearing loans, non-current; while EBITDA is the operating income excluding depreciation and amortization expense and impairment losses / (reversal of impairment losses) for the four mobile quarters ended on the calculation date. As of December 31, 2018, the Debt/EBITDA ratio was 1.44. Yankee bonds are not subject to financial covenants. As of December 31, 2018, the most restrictive financial covenant for Enel Generación Chile was the Debt Equity Ratio requirement for two credit lines. The other Group companies not mentioned in this Note, are not subject to compliance with financial covenants. Lastly, in most of the contracts, debt acceleration for non-compliance with these covenants does not occur automatically, but is subject to certain conditions, such as a cure period. As of December 31, 2018 and 2017, neither the Company nor any company of the Group was in default under their financial obligations summarized herein or other financial obligations whose defaults might trigger the acceleration of their financial commitments. |
Personnel Figures
Personnel Figures | 12 Months Ended |
Dec. 31, 2018 | |
PERSONNEL FIGURES | |
Personnel Figures | The Company’s personnel as of December 31, 2018 and 2017, is distributed as follows: December 31, 2018 Country Managers and key executives Professionals and Technicians Staff and Total Annual Chile 57 1,824 155 2,036 2,070 Argentina — 7 19 26 26 Total 57 1,831 174 2,062 2,096 December 31, 2017 Country Managers Professionals and Technicians Staff and Total Annual Chile 63 1,747 113 1,923 1,968 Argentina — 23 2 25 25 Total 63 1,770 115 1,948 1,993 |
Sanctions
Sanctions | 12 Months Ended |
Dec. 31, 2018 | |
SANCTIONS | |
Sanctions | 38. SANCTIONS. The following Group companies have received sanctions from administrative authorities: Subsidiaries 1. Enel Generación Chile S.A. As of December 31, 2018, the illegality claims against Resolution No. 2658 of the Bío Bío Regional Health Ministry, which imposed a fine of 500 UTM (ThCh$24,177) for alleged infractions by Enel Generación Chile S.A. for alleged violations to the asbestos removal approved by the health authority are still pending. The request for reconsideration of the sanctioning process before the Bío Bío Regional Health Ministry, initiated by Act 180566, for an amount of 500 UTM (ThCh$24,177), for alleged infringements in compliance with obligations related to waste disposal regulations in the Cantarrana landfill is also pending. Likewise, the Valparaíso Regional Health Ministry initiated sanction proceedings for inspection report No. 1705213, for alleged breaches of obligations and regulations related to the Noise Exposure Protocols and other health surveillance regulations at the Quintero plant. The amount of this sanction is 500 UTM (ThCh$24,177). 2. GasAtacama Chile S.A. As of December 31, 2018, there are pending two requests for reconsideration claimed against the Tarapacá Regional Health Ministry’s resolutions, through inspection records Nos. 011599 and 766, that imposed fines on GasAtacama Chile S.A. for 500 UTM each (ThCh$24,177). In addition, there is pending resolution before the Coquimbo Regional Health Ministry a health summary for an amount of 500 UTM (ThCh$24,177) . 3. Enel Distribución Chile S.A. As of Dember 31, 2018, the administrative reconsideration filed by Enel Distribución Chile against resolutions issued by the Superintendency of Electricity and Fuels which imposed fines for a total of 20,000 UTM (ThCh$967,060) related to various infractions as a result of the snowstorm that occurred in Santiago on July 15, 2017, is still pending. Also, the resolution of a request for reconsideration filed by Enel Distribución Chile against the Superintendency of Electricity and Fuels Resolution No. 13,630 dated May 23, 2016, which imposed a fine of 2,000 UTM (ThCh$96,706) for infractions related to improper maintenance of the facilities, is still pending By means of Exempt Resolution No. 24,870 dated July 25, 2018, the Superintendency of Electricity and Fuels imposed on Enel Distribución Chile S.A. a fine equivalent to 6,000 UTM (ThCh$290,118) for the accident that occurred on July 15, 2017 in the property located at calle Bombero Núñez No. 40 in the Commune of Recoleta, in which the underground distribution network of Enel Distribución Chile was linked. Enel Distribución filed a request for reconsideration against this resolution, which to date is pending resolution. The judicial claim filed against Exempt Resolution No. 16,475 of the Superintendency of Electricity and Fuels, which imposed a fine of 2,000 UTM (ThCh$96,706), and which was confirmed by Exempt Resolution No. 21,129, is also pending resolution. Finally, through Exempt Resolution No. 19154 dated June 22, 2017, the Superintendency of Electricity and Fuels imposed on Enel Distribución Chile S.A. a fine equivalent to 1,500 UTM (ThCh$72,530), for failing to comply with the obligation to preserve the security and maintenance of its facilities, as a result of a failure that affected the Quilicura substation. An illegality claim was filed in the Court of Appeals of Santiago, which was rejected on August 2, 2018. On August 14, 2018, an appeal was filed before the Supreme Court, which is pending resolution. 4. Enel Green Power Chile Ltda. By means of Exempt Resolution No. 23787 dated May 14, 2018, the Superintendence of Electricity and Fuels imposed a fine of 1,000 UTM (ThCh$48,353) on Enel Green Power del Sur SpA for having infringed an alleged duty of coordination during failures that occurred on May 7 and 13 and June 1, 2016 on the Los Buenos Aires-Nahuelbuta line, associated with the Los Buenos Aires wind plant, owned by Enel Green Power del Sur SpA. A request for reconsideration was filed against the aforementioned resolution based on the fact that the supposed duty of coordination did not exist. By means of Exempt Resolution No. 4372 dated September 7, 2018, which ratified a fine of US$ 173,250 imposed by the Regional Ministry of National Property of Antofagasta (“Seremi”) against Parque Eólico Taltal SA due to a delay in the construction of the wind farm of the same name. The fine is based on the Heavy Use Concession Contract signed with the Seremi with respect to the land where the wind farm is located. This contract provided for a maximum construction term, which was exceeded by 14 days. In relation to the sanctions described above, the Group has established provisions for ThCh$1,818,688 as of December 31, 2018 (see Note 25). Although there are other sanctions that also have associated provisions but are not described in this note because they individually represent immaterial amounts, the management of the Company considers that the provisions recorded in the consolidated financial statements are adequate to cover the risks resulting from sanctions because it does not consider there to be any additional liabilities other than those specified. |
Environment
Environment | 12 Months Ended |
Dec. 31, 2018 | |
ENVIRONMENT | |
Environment | 39. Environmental expenses for the years ended December 31, 2018 and 2017 are as follows: 12-31-2018 12-31-2017 Company Incurring the Cost Name Project Project Status Total Amounts Expenses Disbursement Estimated Total Total Pehuenche Hydroelectric Central Environmental Expenditures C.H. Pehuenche E E Pehuenche S.A. Supply of flow measurement equipment. In progress 48,574 48,574 — — — 48,574 6,787 Studies, monitoring, laboratory analysis, removal and final disposal of solid waste at hydroelectric power stations (HPS), thermoelectric power stations and combine cycle power stations. In progress 62,560 — 62,560 — 62,560 - Enel Distribución Chile S.A. Vegetation Control In Redesat It consists of cutting branches until the safety conditions to which the foliage must be left with respect to the drivers. In progress 134,394 — 134,394 19,654 154,048 306,419 Pruning of trees near the medium voltage network In progress 5,790,042 2,472,768 3,317,274 502,599 31/03/2019 6,292,641 Management Respel Dangerous waste management Finished 1,780 — 1,780 — 30/06/2018 1,780 Environmental management in Ssee The service consists of the maintenance of green areas with replacement of species and turf in Enel substations enclosures Finished 15,383 — 15,383 36,633 31/12/2018 52,016 The service consists in the weeding and control of weeds in electric power substations in order to keep the enclosures free of weeds, ensuring a good operation of these facilities. In progress 46,339 — 46,339 568 31/03/2018 46,907 ENVIRONMENTAL PERMITS Environmental Impact Statement: 1) New Lampa Sectioning Substation and 2) Ochagavia - Florida Line, Sanjon La Aguada Section In progress 1,767 1,767 — 5,203 31/03/2019 6,970 VEGETATION CONTROL IN MT / BT NETWORKS Improvement in the traditional network by calpe (pre-assembled aluminum cable) In progress 19,416 19,416 — 373,059 31/03/2019 392,475 IMPROVEMENTS IN THE MT NETWORK Network replacement for weardown MT protected cable In progress 158,086 158,086 - 18,056 31/03/2019 176,142 CHANGE OF TRAD X CALPE NETWORK Traditional network replacement by Calpe (Pre-assembled aluminum cable) BT In progress 851,792 851,792 - 530,712 31/03/2019 1,382,504 REPLACEMENT TD DAE CONCENTRICA X TD. TRIF. RED CALPE Concentrical network replacement by Calpe (Pre-assembled aluminum cable) BT In progress 712,455 712,455 — 295,961 31/03/2019 1,008,416 REPLACE TRIFAS TRANSFORMERS MEJ QUALITY BT Replacement of transformers with chargeability problems 1,288,155 1,288,155 — 1,353,909 31/03/2019 2,642,064 ENVIRONMENTAL MANAGEMENT Environmental Management of Reforestation in Cerro Chena and Metropolitan Park. 5,831 - 5,831 803 31/03/2019 6,634 Removal of Asbestos from Underground Cables Removal of flame retardant tape with asbestos from the underground network MT. In progress 265,577 146,300 119,277 118,337 31/03/2019 383,914 203,724 Gas Atacama Chile Environmental monitoring Environmental monitoring with SK Ecología operation and maintenance CEMS. In progress 797,543 — 797,543 — 797,543 1,463,204 Standardization Cems Normalización bodegas, gestión ambiental. In progress 645,302 645,302 — — 645,302 1,021,630 Hydraulic power stations Waste management and sanitation In progress 11,567 - 11,567 11,567 Enel Generación Chile S.A. ENVIRONMENTAL EXPENSES CC.TT. The main expenses incurred are: Bocamina U1-2: Operation and maintenance monitoring of air and meteorological quality stations, Environmental audit, monitoring network 1 a year, Annual CEMS Validation, Biomass Protocol Service, Environmental Materials (magazine, books), Isokinetic Measurements , SGI Works (Objective NC, inspections, audits and inspection) ISO 14001, OHSAS certification, Operation and Maintenance Service CEMS. In progress 2,102,056 — 2,102,056 — 2,102,056 1,252,355 Studies, monitoring, laboratory analysis, removal and final disposal of solid waste in thermoelectric plants (C.T.) In progress 2,867,523 — 2,867,523 — 2,867,523 251,277 ENVIRONMENTAL EXPENSES CC.HH. Studies, monitoring, laboratory analysis, removal and final disposal of solid waste in hydroelectric power plants (C.H.) In progress 183,156 — 183,156 — 183,156 870,281 C.H. Ralco Plan Ralco: Reforestation according to Agreement with the Catholic University and Electrification of housing in Ayin Maipu In progress 4,542,216 4,542,216 — — 4,542,216 5,075,137 Central Quintero CEMS Central Quinteros In progress 417,194 417,194 — — 417,194 1,290,133 Total 20,968,708 11,304,025 9,664,683 3,255,494 24,224,202 11,740,947 12-31-2017 Company Incurring the Cost Name Project Project Status Total Amounts Expenses Disbursement Estimated Total Pehuenche Hydroelectric Central Environmental Expenditures Studies, monitoring, laboratory analysis, removal and final disposal of solid waste at hydroelectric power stations (HPS), thermoelectric power stations and combine cycle power stations. In progress 6,786 — 6,786 — 6,787 Enel Distribución Chile S.A. Vegetation Control In Redesat This activity contemplates the maintenance of the band of easement of high voltage lines between 34,5 y 500kv. In progress 306,419 — 306,419 — 12/31/2017 306,419 Management Respel Dangerous waste management Finished 265 — 265 — 9/30/2017 265 Environmental management in Ssee Tree maintenance of SSEE and removal of brush, debris and garbage, outer perimeter. In progress 239,285 — 239,285 18,644 257,929 Consider all the environmental work that is done inside and outside of SSEE, as fumigation, placement and/or repair of rodent baits, irrigation system repair, waste removal, environmental inspections, garden Finished 46,771 — 46,771 — 12/31/2017 46,771 Improvements in the Network M T/Bt Traditional network replacement by protected, concentric, other Finished 3,066,846 3,066,846 — 1,957,246 9/30/2017 5,024,092 Environmental Permits Baseline for Environmental Impact Study, execution RCA and normative, preparation of reports and sectoral permits. In progress 68,001 68,001 — 34,811 3/31/2018 102,812 Vegetation Control in Networks Mt/Bt Pruning of trees near the media network and low voltage. In progress 3,313,454 — 3,313,454 — 12/31/2017 3,313,454 Noise Control Noise measurement and electromagnetic fields in substation, lines and other facilities. In progress 786 — 786 — 12/31/2017 786 Asbestos Removal from Underground Cables Removal of fireproof tape with asbestos from the underground network MT. In progress 166,434 166,434 — 37,290 12/31/2017 203,724 Arborizations of Substations and Sat Line Forest management plans, reforestations, construction and maintenance of tree-lined belts in substation. In progress 251,740 251,740 — 20,390 12/31/2017 272,130 Gas Atacama Chile Environmental monitoring Environmental monitoring with SK Ecología operation and maintenance CEMS. In progress 1,463,204 — 1,463,204 — 1,463,204 Standardization Cems Normalización bodegas, gestión ambiental. In progress 1,021,630 1,021,630 — — 1,021,630 Eolica Canela Environmental expenditures in power plants Water quality analysis and monitoring and Higenization Canela In progress 18,347 — 18,347 — 18,347 Enel Generación Chile S.A. Environmental costs in combined cycle plants The main expenses incurred are: Bocamina U1-2: Operation and maintenance, monitoring stations air quality and meteorology, In progress 1,252,355 — 1,252,355 — 1,252,355 Environmental costs in thermal plants Studies, monitoring, laboratory analysis, retirement and final disposal of solid waste in thermoelectric plants (C.T.) In progress 870,281 — 870,281 — 870,281 Environmental costs in hydroelectric plants Studies, monitoring, laboratory analysis, retirement and final disposal of solid waste in hydroelectric power plants (C.H.) In progress 251,277 — 251,277 — 251,277 Ralco Hydroelectric Plant Reforestation according to the agreement with the Catholic University and Electrification of housing in Ayin Maipu. In progress 5,075,137 5,075,137 — — 5,075,137 Tal Tal Thermal Plant Dejection Nox TalTal: Engineering Civil Works and permits In progress 1,290,133 1,290,133 — — 1,290,133 El Toro Hydroelectric Plant Withdrawal Domestic and Industrial Waste In progress — — — — — Total 18,709,151 10,939,921 7,769,230 2,068,381 20,777,533 |
Summarized Financial Informatio
Summarized Financial Information of Subsidiaries | 12 Months Ended |
Dec. 31, 2018 | |
SUMMARIZED FINANCIAL INFORMATION OF SUBSIDIARIES | |
Summarized Financial Information of Subsidiaries | 40. SUMMARIZED FINANCIAL INFORMATION OF SUBSIDIARIES As of December 31, 2018 and 2017, summarized financial information of our principal subsidiaries is as follows: December 31, 2018 Type of Financial Current Non-Current Total Assets Current Non-Current Equity Total Equity and Liabilities Revenues Raw Materials and Contribution Gross Operating Income Operating Financial Income Income Profit Other Comprehensive Income Total Comprehensive Income Statements ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Grupo Enel Distribución Chile Consolidated 296,453,470 982,926,699 1,279,380,169 450,182,594 63,065,351 766,132,224 1,279,380,169 1,263,224,070 (972,499,916) 290,724,154 200,614,083 159,259,319 6,088,801 165,348,120 (42,967,123) 122,380,997 (600,422) 121,780,574 Enel Generación Chile Separate 548,220,314 2,725,004,288 3,273,224,602 569,928,285 938,139,971 1,765,156,347 3,273,224,603 1,454,348,386 (1,051,644,602) 402,703,784 300,148,133 226,154,177 (49,980,539) 378,187,852 (42,255,124) 335,932,728 (101,720,204) 234,212,523 Enel Distribución Chile Separate 288,632,068 975,441,251 1,264,073,319 424,550,547 62,721,352 776,801,421 1,264,073,320 1,259,689,827 (971,366,398) 288,323,429 199,676,810 159,625,438 5,418,883 165,044,321 (43,812,619) 121,231,702 (598,985) 120,632,717 Empresa Eléctrica Pehuenche S.A. Separate 51,279,432 179,693,183 230,972,615 44,459,384 46,238,191 140,275,039 230,972,614 162,768,188 (21,539,174) 141,229,014 135,558,558 128,068,159 224,543 128,348,399 (34,669,191) 93,679,208 — 93,679,208 Enel Green Power Chile Ltda. Separate 162,710,963 669,741,595 832,452,558 113,123,832 125,240,941 594,087,786 832,452,559 12,831,131 (15,655) 12,815,476 2,521,606 1,702,927 (5,337,680) 71,323,446 1,601,922 72,925,368 71,701,018 144,626,386 Empresa Electrica Panguipulli S.A. Separate 16,052,462 255,481,676 271,534,138 59,681,465 131,671,924 80,180,749 271,534,138 45,097,744 (5,320,421) 39,777,323 32,476,777 18,680,884 (1,954,238) 16,726,646 (2,647,884) 14,078,762 (3,643,974) 10,434,788 Geotermica del Norte S.A. Separate 21,765,295 347,871,452 369,636,747 20,910,840 293,675 348,432,232 369,636,747 17,023,794 (2,109,769) 14,914,025 13,168,978 2,001,882 (3,676,151) (1,674,269) 454,355 (1,219,914) 45,243,420 44,023,506 Parque Eolico Talinay Oriente S.A. Separate 63,831,605 87,493,829 151,325,434 6,173,259 18,876,242 126,275,934 151,325,435 10,058,036 (2,434,415) 7,623,621 5,310,400 1,014,857 1,312,902 2,327,759 (613,097) 1,714,661 16,552,523 18,267,184 Enel Green Power del Sur Separate 129,849,852 655,431,547 785,281,399 44,078,091 467,399,245 273,804,063 785,281,399 94,473,391 (21,024,045) 73,449,346 60,053,812 37,537,228 (24,991,814) 12,545,413 (3,455,173) 9,090,240 34,497,623 43,587,863 Grupo Enel Green Power Consolidated 344,469,181 1,628,444,820 1,972,914,001 334,639,971 768,719,376 869,554,654 1,972,914,001 183,008,879 (22,330,367) 160,678,512 131,378,740 69,236,957 (38,674,306) 30,471,438 (8,837,176) 21,634,262 173,923,954 195,558,216 Grupo Enel Generación Chile Consolidated 672,467,353 2,996,760,726 3,669,228,079 593,881,208 1,077,855,824 1,997,491,047 3,669,228,079 1,529,364,081 (818,284,050) 711,080,031 582,249,559 464,383,396 (47,947,351) 423,152,001 (104,946,765) 318,205,236 (106,994,091) 211,211,145 Grupo GasAtacama Chile S.A. Consolidated 154,726,337 601,914,918 756,641,255 61,155,091 94,466,222 601,019,942 756,641,255 271,433,789 (94,746,408) 176,687,381 146,123,452 109,465,013 1,808,644 115,039,230 (27,946,019) 87,093,211 (5,273,886) 81,819,325 December 31, 2017 Type of Financial Current Non-Current Total Assets Current Non-Current Equity Total Equity and Revenues Raw Materials and Contribution Gross Operating Income Operating Financial Income Income Profit Other Comprehensive Income Total Comprehensive Income Statements ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Grupo Enel Distribución Chile S.A. Consolidated 261,378,069 893,633,580 1,155,011,649 408,687,866 61,965,918 684,357,865 1,155,011,649 1,333,027,456 (1,062,076,645) 270,950,811 177,188,798 132,510,164 6,411,839 139,079,732 (34,030,322) 105,049,408 1,515,176 106,564,584 Enel Generación Chile S.A. Separate 590,543,532 2,602,962,586 3,193,506,118 489,875,667 891,083,155 1,812,547,296 3,193,506,118 1,629,277,585 (1,140,707,431) 488,570,154 364,131,027 285,498,271 (37,647,691) 528,254,308 (60,153,339) 468,100,969 72,617,351 540,718,320 Enel Distribucion Chile S.A. Separate 257,229,219 887,681,380 1,144,910,599 393,273,852 61,523,557 690,113,190 1,144,910,599 1,330,023,450 (1,060,875,186) 269,148,264 176,635,873 133,340,940 5,252,070 138,806,087 (35,037,127) 103,768,960 1,543,151 105,312,110 Empresa Eléctrica Pehuenche S.A. Separate 35,369,243 186,760,346 222,129,589 38,310,560 48,261,590 135,557,439 222,129,589 152,501,383 (36,289,330) 116,212,053 110,957,039 103,556,904 (395,231) 103,206,672 (26,346,081) 76,860,591 — 76,860,591 Grupo Enel Generación Chile S.A. Consolidated 662,804,359 2,891,657,830 3,554,462,189 543,356,500 1,022,091,737 1,989,013,952 3,554,462,189 1,634,937,088 (903,978,007) 730,959,081 581,142,074 463,860,015 (36,610,248) 537,641,733 (112,099,519) 425,542,214 67,663,516 493,205,730 Grupo GasAtacama Chile S.A.. Consolidated 182,143,224 611,319,090 793,462,314 75,370,131 83,894,880 634,197,303 793,462,314 307,272,380 (170,752,796) 136,519,584 106,213,750 70,509,184 1,432,674 80,142,531 (25,417,139) 54,725,392 (3,338,115) 51,387,277 |
Subsequent Events
Subsequent Events | 12 Months Ended |
Dec. 31, 2018 | |
SUBSEQUENT EVENTS | |
Subsequent Events | 41. SUBSEQUENT EVENTS Enel Generación Chile On April 24, 2019, Enel Generación Chile S.A. (“Enel Generación”) announced in a significant event filing that in connection with the contracts for the purchase and sale of power and electricity informed through a significant event issued on May 5, 2016, Anglo American Sur S.A. ("AngloAmerican") and Enel Generación have signed an Agreement called "Payment of Compensation for Exit Clause, Settlement and Transaction for Contracts for the Purchase and Sale of Power and Electricity for Los Bronces, El Soldado and Chagres" (the "Agreement"), by virtue of which it has been agreed to anticipate the date of termination of the contracts as of February 20, 2020 and the payment of the respective exit compensation that corresponds to Enel Generación, in accordance with both the provisions of the contracts and the aforementioned Agreement. As of this date, it is not possible to reasonably quantify the financial effect of the early termination date in the results of Enel Generación. The financial effects will depend on factors that affect the behavior of the electricity market, such as, among others, the price of fuels; the hydrological conditions; growth of demand and international inflation rates, which to date are not possible to determine. There have been no other subsequent events between January 1, 2019 and the issuance date of these consolidated financial statements. |
Appendix 1 Details of Assets an
Appendix 1 Details of Assets and Liabilities in Foreign Currency | 12 Months Ended |
Dec. 31, 2018 | |
APPENDIX 1 DETAILS OF ASSETS AND LIABILITIES IN FOREIGN CURRENCY | |
Appendix 1 Details of Assets and Liabilities in Foreign Currency | APPENDIX 1 DETAILS OF ASSETS AND LIABILITIES IN FOREIGN CURRENCY: This appendix forms an integral part of the Group’s consolidated financial statements. The detail of assets and liabilities denominated in foreign currency is as follows: 12-31-2018 12-31-2017 ASSETS Foreign Currency ThCh$ ThCh$ Cash and cash equivalents 245,171,924 419,456,026 U.S. dollar 16,575,872 14,016,336 Euros 103,847 11,594 Argentine peso 6,057,793 6,263,345 Chilean peso non-adjustable 222,434,412 399,164,751 Other current financial assets 40,303,173 20,627,062 U.S. dollar 38,969,410 20,441,150 Chilean peso non-adjustable 644,618 185,912 U.F. 689,145 — Other current non- financial assets 22,406,088 18,785,891 U.S. dollar 2,832,782 902,026 Argentine peso 917,718 32,621 Chilean peso non-adjustable 17,838,717 17,851,244 U.F. 816,871 — Trade and other current receivables 478,170,067 406,968,537 U.S. dollar 3,193,959 5,273,104 Euros 3,905 — Argentine peso 30,517 1,073,072 Chilean peso non-adjustable 474,941,686 399,483,872 U.F. — 1,138,489 Current accounts receivable from related companies 54,171,060 71,856,046 U.S. dollar 6,997,861 22,793,820 Euros 26,475,919 42,663,049 Real 23,329 — Chilean peso non-adjustable 20,673,951 6,399,177 Inventories 56,961,643 39,686,942 U.S. dollar 4,451,134 — Chilean peso non-adjustable 52,510,509 39,686,942 Current tax assets 99,763,817 77,756,048 U.S. dollar 3,678 — Argentine peso 145,845 146,525 Chilean peso non-adjustable 99,614,294 77,609,523 TOTAL CURRENT ASSETS 996,947,772 1,055,136,552 NON-CURRENT ASSETS Foreign Currency 12-31-2018 12-31-2017 Other non-current financial assets 7,269,669 33,418,204 U.S. dollar 4,227,628 30,789,705 Chilean peso non-adjustable 2,352,896 2,628,499 U.F. 689,145 — Other non-current non-financial assets 44,608,012 13,813,139 U.S. dollar 28,884,680 322,744 Argentine peso 218,003 378,940 Chilean peso non-adjustable 15,505,329 12,326,385 U.F. — 785,070 Trade and other non-current receivables 60,527,843 36,182,399 U.S. dollar 17,074,839 — Argentine peso 21,255 62,563 Chilean peso non-adjustable 33,425,943 25,228,146 U.F. 10,005,806 10,891,690 Investments accounted for using the equity method 12,873,531 16,912,454 U.S. dollar 46,639 3,783,316 Argentine peso — 105,151 Chilean peso non-adjustable 12,826,892 13,023,987 Intangible assets other than goodwill 115,372,393 55,170,904 U.S. dollar 44,865,424 — Argentine peso 259,479 253,849 Chilean peso non-adjustable 70,247,490 54,917,055 Goodwill 915,044,725 887,257,655 Chilean peso non-adjustable 915,044,725 887,257,655 Property, plant and equipment 5,308,647,633 3,585,687,137 U.S. dollar 1,523,774,815 — Argentine peso 15,562,121 15,450,783 Chilean peso non-adjustable 3,769,310,697 3,570,236,354 Investment property 7,557,356 8,356,772 Chilean peso non-adjustable 7,557,356 8,356,772 Deferred tax assets 19,171,230 2,837,792 U.S. dollar 18,055,431 — Chilean peso non-adjustable 1,115,799 2,837,792 TOTAL NON-CURRENT ASSETS 6,491,072,392 4,639,636,456 TOTAL ASSETS 7,488,020,164 5,694,773,008 12-31-2018 12-31-2017 Less than 90 days More than 90 days Less than 90 days More than 90 days LIABILITIES Foreign Currency ThCh$ ThCh$ ThCh$ ThCh$ Other Current financial liabilities 161,482,001 249,183,814 7,999,866 10,815,582 U.S. dollar 161,481,999 4,304,811 7,999,743 3,888,150 Chilean peso non-adjustable 2 212,736,909 123 — U.F. — 32,142,094 — 6,927,432 Trade and other current payables 554,286,324 — 552,328,594 3,649,924 U.S. dollar 44,138,753 — 16,184,962 — Euros 2,347,924 — 3,174,586 — Argentine peso 511,460 — 732,777 — Chilean peso non-adjustable 503,689,338 — 532,236,269 3,649,924 U.F. 3,598,849 — — — Current accounts payable to related parties 157,936,325 — 119,612,972 — U.S. dollar 324,743 — 9,090,837 — Euros 82,619,960 — 28,830,246 — Colombian peso — — 12,487 — Soles — — 2,110 — Argentine peso — — 74,740 — Chilean peso non-adjustable 74,991,622 — 81,602,552 — Other current provisions 3,413,966 2,174,820 384,955 5,251,216 U.S. dollar 12,510 — — — Argentine peso 24,667 — 45,419 — Chilean peso non-adjustable 3,376,789 2,174,820 339,536 5,251,216 Current tax liabilities 9,725,475 7,952,445 904,248 66,123,259 U.S. dollar 22,626 — — Argentine peso — 411,577 146,769 — Chilean peso non-adjustable 9,702,849 7,540,868 757,479 66,123,259 Other current non-financial liabilities 71,308,982 — 38,520,088 11,225,942 U.S. dollar 2,766,862 — — — Argentine peso 10,061 — — — Chilean peso non-adjustable 68,532,059 — 38,520,088 11,225,942 TOTAL CURRENT LIABILITIES 958,153,073 259,311,079 719,750,723 97,065,923 12-31-2018 12-31-2017 One to five years More than five years One to five years More than five years LIABILITIES Foreign Currency ThCh$ ThCh$ ThCh$ ThCh$ Other non-current financial liabilities 367,293,521 1,338,539,982 51,932,458 730,045,687 U.S. dollar 244,119,549 1,164,595,519 29,636,407 434,446,795 Chilean peso non-adjustable — — — — U.F. 123,173,972 173,944,463 22,296,051 295,598,892 Trade and other non-current payables 2,584,180 — 659,824 — U.S. dollar 31,124 — 947 — Argentine peso — — 173,343 — Chilean peso non-adjustable 2,553,056 — 485,534 — Current account payable to related parties 447,193,802 — 318,518 — U.S. dollar 447,193,802 — 318,518 — Other long-term provisions 42,349,208 63,522,167 52,318 78,370,519 U.S. dollar 12,392,385 — Chilean peso non-adjustable 29,956,823 63,522,167 52,318 78,370,519 Deferred tax liabilities 134,078,768 144,001,286 55,844,982 116,378,699 U.S. dollar 74,730,155 — — — Argentine peso — — 4,459,081 — Chilean peso non-adjustable 59,348,613 144,001,286 51,385,901 116,378,699 Non- current provisions for employee benefits 4,116,090 52,486,574 3,434,185 53,647,739 U.S. dollar 532,225 — — — Chilean peso non-adjustable 3,583,865 52,486,574 3,434,185 53,647,739 Other non-current non financial liabilities 226,653 — 309,776 — Chilean peso non-adjustable 226,653 — 309,776 — TOTAL NON-CURRENT LIABILITIES 997,842,222 1,598,550,009 112,552,061 978,442,644 TOTAL LIABILITIES 1,955,995,295 1,857,861,088 832,302,784 1,075,508,567 |
Appendix 2 Additional Informati
Appendix 2 Additional Information Oficio Circular (Official Bulletin) No. 715 of February 3, 2012 | 12 Months Ended |
Dec. 31, 2018 | |
TRADE AND OTHER RECEIVABLES. | |
Appendix 2 Additional Information Oficio Circular (Official Bulletin) No. 715 of February 3, 2012 | APPENDIX 2 ADDITIONAL INFORMATION OFICIO CIRCULAR (OFFICIAL BULLETIN) No. 715 OF This appendix forms an integral part of these consolidated financial statements. a) Portfolio stratification · Trade and other receivables by aging: As of December 31, 2018 Current 1-30 days 31-60 days 61-90 days 91-120 days 121-150 151-180 181-210 211-250 More than Total Total Non- Trade and Other Receivables ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Trade receivables, gross 360,967,952 26,520,834 8,065,762 3,947,386 2,096,447 1,400,998 1,945,691 1,528,489 2,863,502 47,716,556 457,053,617 2,046,845 Allowance for doubtful accounts (1,309,684) (244,773) (260,401) (317,546) (419,163) (523,349) (584,135) (634,104) (2,085,824) (32,774,456) (39,153,435) — Other receivables, gross 60,242,885 — — — — — — — — 10,353,445 70,596,330 58,480,998 Allowance for doubtful accounts — — — — — — — — — (10,353,445) (10,353,445) — Total 419,901,153 26,276,061 7,805,361 3,629,840 1,677,284 877,649 1,361,556 894,385 777,678 14,942,100 478,143,067 60,527,843 As of December 31, 2017 Current 1-30 days 31-60 days 61-90 days 91-120 days 121-150 151-180 181-210 211-250 More than Total Total Non- Trade and Other Receivables ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Trade receivables, gross 291,417,828 33,630,393 17,506,620 3,996,144 2,189,405 4,565,337 2,861,581 2,470,973 1,796,958 54,604,283 415,039,522 1,917,828 Allowance for doubtful accounts (89,762) (231,131) (213,455) (200,097) (223,821) (176,789) (207,518) (914,480) (133,045) (32,270,098) (34,660,196) — Other receivables, gross 26,589,211 — — — — — — — — 9,213,863 35,803,074 34,264,571 Allowance for doubtful accounts — — — — — — — — — (9,213,863) (9,213,863) — Total 317,917,277 33,399,262 17,293,165 3,796,047 1,965,584 4,388,548 2,654,063 1,556,493 1,663,913 22,334,185 406,968,537 36,182,399 · By type of portfolio: December 31, 2018 December 31, 2017 Non-renegotiated Portfolio Renegotiated Portfolio Total Gross Portfolio Non-renegotiated Portfolio Renegotiated Portfolio Total Gross Portfolio Number of Gross Number of Gross Number of Gross Number of Gross Number of Gross Number of Gross Aging of balances Customers ThCh$ Customers ThCh$ Customers ThCh$ Customers ThCh$ Customers ThCh$ Customers ThCh$ Current 1,370,536 353,865,825 42,898 9,101,666 1,413,434 362,967,491 1,145,472 288,681,858 52,679 4,653,798 1,198,151 293,335,656 1 to 30 days 390,536 25,894,683 19,304 626,151 409,840 26,520,834 451,929 30,202,328 22,869 3,428,065 474,798 33,630,393 31 to 60 days 83,029 7,864,638 6,649 201,124 89,678 8,065,762 133,114 15,573,493 8,780 1,933,127 141,894 17,506,620 61 to 90 days 14,466 3,827,182 2,014 120,204 16,480 3,947,386 22,305 3,228,258 2,795 767,886 25,100 3,996,144 91 to 120 days 7,515 2,007,221 1,182 89,226 8,697 2,096,447 9,505 1,817,086 1,422 372,319 10,927 2,189,405 121 to 150 days 4,393 1,266,995 892 134,003 5,285 1,400,998 7,118 4,216,619 1,093 348,718 8,211 4,565,337 151 to 180 days 3,007 1,697,721 459 247,970 3,466 1,945,691 5,333 2,526,954 699 334,627 6,032 2,861,581 181 to 210 days 2,805 1,446,409 311 82,080 3,116 1,528,489 10,103 2,127,005 446 343,968 10,549 2,470,973 211 to 250 days 3,237 2,772,883 311 90,619 3,548 2,863,502 3,979 1,599,571 394 197,387 4,373 1,796,958 More than 251 days 20,876 47,255,348 5,769 508,514 26,645 47,763,862 125,590 48,307,224 5,593 6,297,059 131,183 54,604,283 Total 1,900,400 447,898,905 79,789 11,201,557 1,980,189 459,100,462 1,914,448 398,280,396 96,770 18,676,954 2,011,218 416,957,350 b) Portfolio in default and in legal collection process As of December 31, 2018 2017 Number of Amount Number of Amount Portfolio in Default and in Legal Collection Process Customers ThCh$ Customers ThCh$ Notes receivable in default 1,876 258,372 1,902 259,560 Notes receivable in legal collection process (*) 2,238 10,450,383 2,744 6,041,670 Total 4,114 10,708,755 4,646 6,301,230 (*) c) Provisions and write-offs As of December 31, 2018 2017 Provisions and Write-offs ThCh$ ThCh$ Provision for non-renegotiated portfolio 2,312,966 7,928,877 Provision for renegotiated portfolio 2,461,643 8,940 Recoveries of the period 3,099 — Total 4,777,708 7,937,817 d) Number and value of operations December 31, 2018 December 31, 2017 Total detail by Total detail by Total detail by Total detail by Number and Value of Operations Last Quarter Year-to-date Last Quarter Year-to-date Impairment provisions and recoveries: Number of operations 7,357 19,810 5,376 46,484 Value of operations, in ThCh$ 1,596,443 4,777,708 4,058,212 7,937,817 APPENDIX 2.1 SUPPLEMENTARY INFORMATION ON TRADE RECEIVABLES: This appendix forms an integral part of these consolidated financial statements. a) · Trade receivables by aging: December 31, 2018 Current 1-30 days 31-60 days 61-90 days 91-120 days 121-150 days 151-180 days 181-210 days 211-250 days More than Total Current Portfolio Total Non- Type of Portfolio ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ GENERATION Non-renegotiated portfolio 206,893,035 1,155,988 1,453,308 708,552 203,487 7,836 39,787 483,751 153,929 6,715,665 217,815,338 21,255 - Large customers 198,424,050 671,037 248,135 140,571 224 7,274 39,001 43,681 56,046 5,835,279 205,465,298 — - Institutional customers — — — — — — — — — — — — - Others 8,468,985 484,951 1,205,173 567,981 203,263 562 786 440,070 97,883 880,386 12,350,040 21,255 Allowance for impairment (21,736) — — — — — — — — (1,505,948) (1,527,684) — DISTRIBUTION Non-renegotiated portfolio 154,074,917 25,364,846 6,612,454 3,238,834 1,892,960 1,393,162 1,905,904 1,044,738 2,709,573 41,000,891 239,238,279 2,025,590 - Mass-market customers 108,952,722 16,661,831 3,571,670 1,427,141 1,076,288 850,571 715,174 531,508 2,195,894 25,496,293 161,479,092 2,000,955 - Large customers 38,529,866 6,924,749 1,662,569 1,225,278 102,522 475 918,487 124,385 164,424 7,945,564 57,598,319 24,635 - Institutional customers 6,592,329 1,778,266 1,378,215 586,415 714,150 542,116 272,243 388,845 349,255 7,559,034 20,160,868 — Allowance for impairment (1,287,948) (244,773) (260,401) (317,546) (419,163) (523,349) (584,135) (634,104) (2,085,824) (31,241,508) (37,598,751) Total Gross Portfolio 360,967,952 26,520,834 8,065,762 3,947,386 2,096,447 1,400,998 1,945,691 1,528,489 2,863,502 47,716,556 457,053,617 2,046,845 Total allowance for impairment (1,309,684) (244,773) (260,401) (317,546) (419,163) (523,349) (584,135) (634,104) (2,085,824) (32,747,456) (39,126,435) — Total Net Portfolio 359,658,268 26,276,061 7,805,361 3,629,840 1,677,284 877,649 1,361,556 894,385 777,678 14,969,100 417,927,182 2,046,845 December 31, 2017 Current 1-30 days 31-60 days 61-90 days 91-120 days 121-150 days 151-180 days 181-210 days 211-250 days More than Total Current Portfolio Total Non- Type of Portfolio ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ GENERATION Non-renegotiated portfolio 186,769,753 3,057,994 333,079 279,100 10,021 42,015 334,298 399,552 228,498 2,857,223 194,311,533 62,563 - Large customers 186,724,468 3,057,994 333,079 279,100 10,021 42,015 334,298 399,552 228,498 4,116,040 195,525,065 — - Institutional customers — — — — — — — — — — — — - Others 45,285 — — — — — — — — — 45,285 62,563 Allowance for impairment — — — — — — — — — (1,258,817) (1,258,817) — DISTRIBUTION Non-renegotiated portfolio 104,648,075 30,572,399 17,173,541 3,717,044 2,179,384 4,523,322 2,527,283 2,071,421 1,568,460 50,488,243 219,469,172 1,855,265 - Mass-market customers 84,591,816 22,148,005 10,699,951 2,264,627 1,657,978 1,231,644 918,357 1,700,605 567,152 27,150,498 152,930,633 1,781,421 - Large customers 17,771,942 6,565,888 4,987,871 940,754 168,838 1,809,919 357,379 30,481 7,237 13,628,346 46,268,655 — - Institutional customers 2,284,317 1,858,506 1,485,719 511,663 352,568 1,481,759 1,251,547 340,335 994,071 9,709,399 20,269,884 73,844 Allowance for impairment (89,762) (231,131) (213,455) (200,097) (223,821) (176,789) (207,518) (914,480) (133,045) (31,011,281) (33,401,379) — Total Gross Portfolio 291,417,828 33,630,393 17,506,620 3,996,144 2,189,405 4,565,337 2,861,581 2,470,973 1,796,958 54,604,283 415,039,522 1,917,828 Total allowance for impairment (89,762) (231,131) (213,455) (200,097) (223,821) (176,789) (207,518) (914,480) (133,045) (32,270,098) (34,660,196) — Total Net Portfolio 291,328,066 33,399,262 17,293,165 3,796,047 1,965,584 4,388,548 2,654,063 1,556,493 1,663,913 22,334,185 380,379,326 1,917,828 Since not all of our commercial databases in our Group’s subsidiaries distinguish whether the final electricity service consumer is a natural or legal person, the main management segmentation used by all the consolidated entities to monitor and follow up on trade receivables is the following: · Mass-market customers · Large customers · Institutional customers · By type of portfolio: December 31, 2018 Current 1-30 days 31-60 days 61-90 days 91-120 days 121-150 days 151-180 days 181-210 days 211-250 days More than Total Current Portfolio Total Non- Type of Portfolio ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ GENERATION Non-renegotiated portfolio 206,862,868 1,155,988 1,453,308 708,552 203,487 7,836 39,787 483,751 153,929 6,715,665 217,785,171 — - Large customers 198,424,050 671,037 248,135 140,571 224 7,274 39,001 43,681 56,046 5,835,279 205,465,298 — - Institutional customers — — — — — — — — — — — — - Others 8,438,818 484,951 1,205,173 567,981 203,263 562 786 440,070 97,883 880,386 12,319,873 — Renegotiated portfolio 30,167 — — — — — — — — — 30,167 21,255 - Large customers — — — — — — — — — — — — - Institutional customers — — — — — — — — — — — — - Others 30,167 — — — — — — — — — 30,167 21,255 DISTRIBUTION Non-renegotiated portfolio 146,934,065 24,738,695 6,411,330 3,118,630 1,803,734 1,259,159 1,657,934 962,658 2,618,954 40,492,377 229,997,536 116,198 - Mass-market customers 101,990,338 16,096,927 3,374,622 1,306,937 987,071 716,568 577,969 449,428 2,105,275 25,035,379 152,640,514 116,198 - Large customers 38,401,049 6,873,601 1,662,570 1,225,278 102,522 475 918,487 124,385 164,424 7,898,789 57,371,580 — - Institutional customers 6,542,678 1,768,167 1,374,138 586,415 714,141 542,116 161,478 388,845 349,255 7,558,209 19,985,442 — Renegotiated portfolio 7,140,852 626,151 201,124 120,204 89,226 134,003 247,970 82,080 90,619 508,514 9,240,743 1,909,392 - Mass-market customers 6,962,383 564,903 197,048 120,204 89,217 134,003 137,205 82,080 90,619 460,914 8,838,576 1,884,757 - Large Customers 128,817 51,148 — — — — — — — 46,775 226,740 24,635 - Institutional Customers 49,652 10,100 4,076 — 9 — 110,765 — — 825 175,427 — Total Gross Portfolio 360,967,952 26,520,834 8,065,762 3,947,386 2,096,447 1,400,998 1,945,691 1,528,489 2,863,502 47,716,556 457,053,617 2,046,845 December 31, 2017 Current 1-30 days 31-60 days 61-90 days 91-120 days 121-150 days 151-180 days 181-210 days 211-250 days More than Total Current Portfolio Total Non- Type of Portfolio ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ GENERATION Non-renegotiated portfolio 186,724,468 3,057,994 333,079 279,100 10,021 42,015 334,298 399,552 228,498 4,116,040 195,525,065 — - Large customers 186,724,468 3,057,994 333,079 279,100 10,021 42,015 334,298 399,552 228,498 4,116,040 195,525,065 — - Institutional customers — — — — — — — — — — — — - Others — — — — — — — — — — — — Renegotiated portfolio 45,285 — — — — — — — — — 45,285 62,563 - Large customers — — — — — — — — — — — — - Institutional customers — — — — — — — — — — — — - Others 45,285 — — — — — — — — — 45,285 62,563 DISTRIBUTION Non-renegotiated portfolio 101,580,927 27,144,334 15,240,414 2,949,158 1,807,065 4,174,604 2,192,656 1,727,453 1,371,073 44,191,184 202,378,868 376,463 - Mass-market customers 81,786,896 19,120,060 9,323,291 1,705,992 1,285,659 882,926 671,894 1,554,175 423,730 20,987,147 137,741,770 342,063 - Large customers 17,522,970 6,565,888 4,590,254 940,754 168,838 1,809,919 357,379 30,481 7,237 13,521,914 45,515,634 — - Institutional customers 2,271,061 1,458,386 1,326,869 302,412 352,568 1,481,759 1,163,383 142,797 940,106 9,682,123 19,121,464 34,400 Renegotiated portfolio 3,067,148 3,428,065 1,933,127 767,886 372,319 348,718 334,627 343,968 197,387 6,297,059 17,090,304 1,478,802 - Mass-market customers 2,804,920 3,027,945 1,376,659 558,635 372,319 348,718 246,463 146,430 143,422 6,163,350 15,188,861 1,439,358 - Large Customers 248,972 — 397,617 — — — — — — 106,433 753,022 — - Institutional Customers 13,256 400,120 158,851 209,251 — — 88,164 197,538 53,965 27,276 1,148,421 39,444 Total Gross Portfolio 291,372,543 33,630,393 17,506,620 3,996,144 2,189,405 4,565,337 2,861,581 2,470,973 1,796,958 54,604,283 415,039,522 1,917,828 APPENDIX 2.2 ESTIMATED SALES AND PURCHASES OF ENERGY AND CAPACITY: This appendix forms an integral part of these consolidated financial statements. 12-31-2018 12-31-2017 Energy and Capacity Tolls Energy and Capacity Tolls STATEMENT OF FINANCIAL POSITION ThCh$ ThCh$ ThCh$ ThCh$ Current accounts receivable from related companies — — 5,518,711 466,031 Trade and other current receivables 209,288,934 46,336,070 177,886,960 48,122,678 Total Estimated Assets 209,288,934 46,336,070 183,405,671 48,588,709 Current accounts payable to related companies — — 21,818,299 177,839 Trade and other current payables 106,633,306 37,530,511 120,451,406 47,893,119 Total Estimated Liabilities 106,633,306 37,530,511 142,269,705 48,070,958 12-31-2018 12-31-2017 12-31-2016 Energy and Capacity Tolls Energy and Capacity Tolls Energy and Tolls Capacity INCOME STATEMENT ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Energy Sales 209,288,934 46,336,070 183,405,671 48,588,709 169,424,364 23,297,996 Energy Purchases 106,633,306 37,530,511 142,269,706 48,070,958 98,884,837 42,763,819 |
Appendix 3 Details of Due Dates
Appendix 3 Details of Due Dates of Payments to Suppliers | 12 Months Ended |
Dec. 31, 2018 | |
APPENDIX 3 DETAILS OF DUE DATES OF PAYMENTS TO SUPPLIERS | |
Appendix 3 Details of Due Dates of Payments to Suppliers | APPENDIX 3 DETAILS OF DUE DATES OF PAYMENTS TO SUPPLIERS: This appendix forms an integral part of these consolidated financial statements. December 31, 2018 December 31, 2017 Goods Services Other Total Goods Services Other Total Suppliers with Current Payments ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Up to 30 days 45,355,153 230,133,777 78,973,248 354,462,178 71,248,286 264,992,418 91,209,336 427,450,040 From 31 to 60 days 4,284,025 19,179,502 71,745,150 95,208,677 — — — — From 61 to 90 days 16,452,406 — — 16,452,406 — — — — From 91 to 120 days — — — — — — — — From 121 to 365 days — — — — — — — — More than 365 days — 6,766 2,106,099 2,112,865 — 4,485 — 4,485 Total 66,091,584 249,320,045 152,824,497 468,236,126 71,248,286 264,996,903 91,209,336 427,454,525 |
Accounting Policies (Policies)
Accounting Policies (Policies) | 12 Months Ended |
Dec. 31, 2018 | |
ACCOUNTING POLICIES. | |
Property, plant and equipment | a) Property, plant and equipment Property, plant and equipment are measured at acquisition cost, net of accumulated depreciation and any impairment losses they may have experienced. In addition to the price paid to acquire each item, the cost also includes, where applicable, the following concepts: · Financing expenses accrued during the construction period that are directly attributable to the acquisition, construction, or production of qualified assets, which require a substantial period of time before being ready for use such as, for example, electricity generation or distribution facilities. The Group defines “substantial period” as one that exceeds twelve months. The interest rate used is that of the specific financing or, if none exists, the weighted average financing rate of the company carrying out the investment. (See Note 18.b.1). · Employee expenses directly related to construction in progress. (See Note 18.b.2). · Future disbursements that the Group will have to incur to close its facilities are added to the value of the asset at fair value, recognizing the corresponding provision for dismantling or restoration. The Group reviews its estimate of these future disbursements on an annual basis, increasing or decreasing the value of the asset based on the results of this estimate (See Note 25). Items for construction work in progress are transferred to operating assets once the testing period has been completed and they are available for use, at which time depreciation begins. Expansion, modernization or improvement costs that represent an increase in productivity, capacity or efficiency, or a longer useful life are capitalized as increasing the cost of the corresponding assets. The replacement or overhaul of entire components that increase the asset’s useful life or economic capacity are recorded as an increase in cost for the respective assets, derecognizing the replaced or overhauled components. Expenditures for periodic maintenance, conservation and repair are recognized directly as an expense for the year in which they are incurred. Property, plant and equipment, net of its residual value, is depreciated by distributing the cost of the different items that comprise it on a straight-line basis over its estimated useful life, which is the period during which the Group expects to use the assets. Useful life estimates and residual values are reviewed on an annual basis and if appropriate adjusted prospectively. The following table are the main categories of property, plant and equipment with their respective estimated useful lives: Categories of Property, plant and equipment Years of estimated Buildings 10 – 60 Plant and equipment 6 – 65 IT equipment 3 – 15 Fixtures and fittings 2 – 35 Motor vehicles 5 – 10 Additionally, the following table sets forth more details on the useful lives of plant and equipment items: Categories of Property, plant and equipment Years of estimated Generating facilities: Hydroelectric plants Civil engineering works 10 – 65 Electromechanical equipment 10 – 45 Fuel oil/coal-fired power plants 25 – 40 Combined cycle power plants 10 – 25 Renewable energy power plants 20 Transmission and distribution facilities: High-voltage network 10 – 60 Low- and medium-voltage network 10 – 50 Measuring and remote control equipment 10 – 50 Primary substations 6 – 25 Natural gas transport facilities Pipelines 20 Land is not depreciated since it has an indefinite useful life. Gains or losses that arise from the sale or disposal of items of Property, plant and equipment are recognized as “Other gains (losses)” in the comprehensive income statement and are calculated by deducting the net carrying amount of the asset and any sales expenses from the amount received in the sale. |
Investment property | b) Investment property "Investment property" includes basically land and buildings that are kept for the purpose of obtaining profits in future sales or lease arrangements. Investment property is measured at acquisition cost, net of accumulated depreciation and any impairment losses they may have experienced. Investment properties, excluding land, are depreciated by distributing the cost of the various elements that make them up on a straight-line basis over the years of useful life. An investment property is derecognized on disposal, or when no future economic benefits are expected from use or disposal. Gains or losses that arise from the sale or disposal of items of investment property are recognized as “Other gains (losses)” in the comprehensive income statement and are calculated by deducting the net carrying amount of the asset and any sales costs from the consideration received in the sale.The breakdown of the fair value of investment property is detailed in Note 19. |
Goodwill | c) Goodwill Goodwill arising from business combinations, and reflected upon consolidation, represents the excess value of the consideration paid plus the amount of any non-controlling interests over the Group’s share of the net value of the assets acquired and liabilities assumed, measured at fair value at the acquisition date. If the accounting for a business combination is completed within the following year after the acquisition date, and so is the goodwill determination, the entity recognizes the corresponding adjustments to the provisional amounts as if the accounting for the business combination had been completed at the acquisition date. If the accounting for a business combination is completed within the following year after the acquisition date, and thus the goodwill determination as well, the entity recognizes the corresponding adjustments to the provisional amounts as if the accounting for the business combination had been completed at the acquisition date (See Note 2.7.1). Goodwill arising from acquisition of companies with functional currencies other than the Chilean peso is measured in the functional currency of the acquired company and translated to Chilean pesos using the exchange rate effective as of the date of the statement of financial position. Goodwill is not amortized; instead, at the end of each reporting period or when there are indicators that an impairment might have occurred, the Group estimates whether any impairment loss has reduced its recoverable amount to an amount less than the carrying amount and, if so, an impairment loss is immediately recognized in profit or loss (See Note 3.e). |
Intangible assets other than goodwill | d) Intangible assets other than goodwill Intangible assets are initially recognized at their acquisition cost or production cost, and are subsequently measured at their cost, net of their accumulated amortization and impairment losses they may have experienced. Intangible assets are amortized on a straight line basis during their useful lives, starting from the date when they are ready for use, except for those with an indefinite useful life, which are not amortized. As of December 31, 2018 and 2017, there are no significant intangible assets with an indefinite useful life. An intangible asset is derecognized on disposal, or when no future economic benefits are expected from use or disposal. Gains or losses arising from derecognition of an intangible asset, measured as the difference between the net disposal proceeds and the carrying amount of the asset are recognized in profit or loss when the asset is derecognized. The criteria for recognizing these assets’ impairment losses and, if applicable, recovery of impairment losses recorded in previous periods are explained in Note 3.e below. d.1) Research and development expenses The Group recognizes the costs incurred in a project’s development phase as intangible assets in the statement of financial position as long as the project’s technical feasibility and future economic benefits have been demonstrated. Research costs are recorded as an expense in the consolidated statement of comprehensive income in the period in which they are incurred. d.2) Other intangible assets Other intangible assets correspond to computer software, water rights, and easements. They are initially recognized at acquisition or production cost and are subsequently measured at cost less accumulated amortization and impairment losses, if any. Computer software is amortized (on average) over four years. Certain easements and water rights have indefinite useful lives and, therefore, are not amortized. |
Impairment of non-financial assets | e) Impairment of non-financial assets During the year, and principally at the end of each reporting period, the Group evaluates whether there is any indication that an asset has been impaired. If any such indication exist, the Group estimates the recoverable amount of that asset to determine the amount of the impairment loss. In the case of identifiable assets that do not generate cash flows independently, the Group estimates the recoverable amount of the Cash Generating Unit (CGU) to which the asset belongs, which is understood to be the smallest identifiable group of assets that generates independent cash inflows. Notwithstanding the preceding paragraph, in the case of CGU’s to which goodwill or intangible assets with indefinite useful lives have been allocated, a recoverability analysis is performed routinely at each period end. Recoverable amount is the higher of fair value less costs of disposal and value in use, which is defined as the present value of the estimated future cash flows. In order to calculate the recoverable amount of Property, plant, and equipment, as well as of goodwill, and intangible assets, the Group uses value in use criteria in practically all cases. To estimate value in use, the Group prepares future pre-tax cash flow projections based on the most recent budgets available. These budgets incorporate management’s best estimates of a CGU’s revenue and costs using sector projections, past experience and future expectations. In general, these projections cover the next five years, estimating cash flows for subsequent years by applying reasonable growth rates which, in no case, are increasing rates nor exceed the average long-term growth rates for the particular sector and country in which the Group operates. As of December 31, 2018, the growth rate used to extrapolate the projections was 3.1%. Future cash flows are discounted to calculate their present value at a pre-tax rate that covers the cost of capital for the business activity and the geographic area in which it is being carried out. The time value of money and risk premiums generally used among analysts for the business activity and the geographic zone are taken into account to calculate the pre-tax rate. The minimum and maximum pre-tax discount rates applied in the period ended December 31, 2018 expressed in nominal terms were 6.9% and 11.0%, respectively. If the recoverable amount of the CGU is less than the net carrying amount of the asset, the corresponding impairment loss is recognized for the difference, and charged to “Reversal of impairment loss (impairment loss) recognized in profit or loss” in the consolidated statement of comprehensive income. The impairment is first allocated to the CGU’s goodwill carrying amount, if any, and then to the other assets comprising it, prorated on the basis of the carrying amount of each one, limited to its fair value less costs of disposal, or its value in use, a negative amount may not be obtained. Impairment losses recognized in prior periods for an asset other than goodwill are reversed, if and only if, there has been a change in the estimates used to determine the asset’s recoverable amount since the last impairment loss was recognized. If this is the case, the carrying amount of the asset is increased to its recoverable amount and crediting profit or loss, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognized for the asset. In the case of goodwill, impairment losses are not reversed. |
Leases | f) Leases In order to determine whether an arrangement is, or contains, a lease, the Group assesses the economic substance of the agreement, in order to determine whether fulfillment of the arrangement depends on the use of a specific asset and whether the agreement conveys the right to use an asset. If both conditions are met, at the inception of the arrangement the Group separates the payments and other considerations relating to the lease, at their fair values, from those corresponding to other components of the agreement. Leases that substantially transfer all the risks and rewards of ownership to the Group are classified as finance leases. All others leases are classified as operating leases. Finance leases in which the Group acts as a lessee are recognized at the inception of the arrangement. At that time, the Group records an asset based on the nature of the lease and a liability for the same amount, equal to the fair value of the leased asset or the present value of the minimum lease payments, if the latter is lower. Subsequently, the minimum lease payments are apportioned between finance expenses and reduction of the lease obligation. Finance expenses are recognized immediately in the income statement and allocated over the lease term, so as to achieve a constant interest rate on the remaining balance of the liability. Leased assets are depreciated on the same terms as other similar depreciable assets, as long as there is reasonable certainty that the lessee will acquire ownership of the asset at the end of the lease. If no such certainty exists, the leased assets are depreciated over the shorter of the useful lives of the assets and their lease term. In the case of operating leases, payments are recognized as an expense in the case of the lessee and as income in the case of the lessor, both on a straight-line basis, over the term of the lease unless another type of systematic basis of distribution is deemed more representative. |
Financial instruments | g) Financial instruments Financial instruments are contracts that give rise to both a financial asset in one entity and a financial liability or equity instrument in another entity. g.1) Financial assets other than derivatives The Group classifies its non-derivative financial assets, whether permanent or temporary, excluding investments accounted for using the equity method (See Notes 3.i and 15) and non-current assets and disposal groups held for sale or distribution to owners, into three categories: · Amortized cost: This category includes the financial assets that meet the following conditions (i) the business model that supports it aims to maintain the financial assets to obtain the contractual cash flows, and (ii) the contractual terms of financial assets give rise on specific dates to cash flows that are solely payments of principal and interest (SPPI criterion). Financial assets that meet the conditions established in IFRS 9, to be valued at amortized cost in the Group are: accounts receivable, loans and cash equivalents. These assets are recorded at amortized cost, which is the initial fair value, less repayments of principal, plus uncollected accrued interest, calculated using the effective interest rate method. The effective interest rate method is a method of calculating the amortized cost of a financial asset or a financial liability (or a group of financial assets or financial liabilities) and allocating the finance income or financial expenses throughout the relevant period. The effective interest rate is the discount rate that exactly matches the estimated cash flows to be received or paid over the expected useful life of the financial instrument (or when appropriate in a shorter period of time), with the net carrying amount of the financial asset or financial liability. · Financial Assets Recorded at Fair Value through Other Comprehensive Income: This category includes the financial assets that the meet the following conditions: (i) they are classified in a business model, the purpose of which is to maintain the financial assets both to collect the contractual cash flows and to sell them, and (ii) the contractual conditions comply with the SPPI criterion. These investments are recognized in the consolidated statement of financial position at fair value when it is possible to determine reliably. In the case of holdings in unlisted companies or companies with low liquidity, it is usually not possible to determine the fair value reliably. Therefore, when this circumstance occurs, such holdings are valued at their acquisition cost or for a lower amount if there is evidence of their impairment. Changes in fair value, net of their tax effect, are recorded in the consolidated statement of comprehensive income: Other comprehensive income, until such time as the disposal of these investments takes place, at which time the accumulated amount in this section is fully posted in the profit or loss for the period. In the event that the fair value is lower than the acquisition cost, if there is objective evidence that the asset has suffered an impairment that can not be considered as temporary, the difference is recorded directly in the losses for the period · Financial Assets Recorded At Fair Value through Profit or Loss: This category includes the trading portfolio of the financial assets that have been allocated as such upon their initial recognition and which are administered and assessed according to the fair value criterion, and the financial assets that do not meet the conditions to be classified in the two above categories. They are valued at fair value in the consolidated statement of financial position and any changes in value are recorded directly in profit or loss when they occur. g.2) Cash and cash equivalents This item within the consolidated statement of financial position includes cash and bank balances, time deposits, and other highly liquid investments (with original maturity of less than or equal to 90 days) that are readily convertible to cash and are subject to insignificant risk of changes in value. g.3) Impairment of financial assets Under IFRS 9, the Group applies an impairment model based on expected credit losses. The new impairment model is applied to financial assets measured at amortized cost and those measured at fair value through other comprehensive income, except for investments in equity instruments. Under IFRS 9, the allowance for impairment losses are measured based on: - - The Group applies a simplified approach for trade receivables, contract assets and lease receivables so that the impairment is always recognized in reference to the lifetime expected credit losses for the asset. Based on the reference market and the regulatory context of the sector, as well as the recovery expectations after 90 days, for such accounts receivable, the Group mainly applies a predetermined definition of 180 days to determine the expected credit losses, since this is considered an effective indicator of a significant increase in credit risk. Therefore, financial assets with an aging of more than 90 days are generally not considered to be in default. g.4) Financial liabilities other than derivatives Financial liabilities are recognized based on cash received, net of any costs incurred in the transaction. In subsequent periods, these obligations are measured at their amortized cost using the effective interest rate method (see Note 3.g.1). In the particular case that a liability is the hedged item in a fair value hedge, as an exception, such liability is measured at its fair value for the portion of the hedged risk. In order to calculate the fair value of debt, both when it is recorded in the statement of financial position and for fair value disclosure purposes as shown in Note 22, debt has been divided into fixed interest rate debt (hereinafter “fixed-rate debt”) and variable interest rate debt (hereinafter “floating-rate debt”). Fixed-rate debt is that on which fixed-interest coupons established at the beginning of the transaction are paid explicitly or implicitly over its term. Floating-rate debt is that debt issued at a variable interest rate, i.e., each coupon is established at the beginning of each period based on the reference interest rate. All debt has been measured by discounting expected future cash flows with a market interest rate curve based on the payment currency. g.5) Derivative financial instruments and hedge accounting Derivatives held by the Group are transactions entered into to hedge interest and/or exchange rate risk, intended to eliminate or significantly reduce these risks in the underlying transactions being hedged. Derivatives are recorded at fair value at the end of each reporting period as follows: if their fair value is positive, they are recorded within “Other financial assets”; and if their fair value is negative, they are recorded within “Other financial liabilities.” For derivatives on commodities, the positive fair value is recorded in “Trade and other receivables,” and negative fair values are recorded in “Trade and other liabilities.” Changes in fair value are recognized directly in profit or loss, except when the derivative has been designated for hedge accounting purposes as a hedge instrument (in a cash flow hedge) and all of the conditions for applying hedge accounting established by IFRS are met, including that the hedge be highly effective. In this case, changes are recognized as follows: · Fair value hedges: The underlying portion for which the risk is being hedged (hedged risk) and the hedge instrument are measured at fair value, and any changes in value of both items are recognized in the statement of comprehensive income by offsetting the effects in the same comprehensive income statement account. · Cash flow hedges: Changes in the fair value of the effective portion of the hedged item and hedge instrument are recognized in other comprehensive income and accumulated in an equity reserve known as “Reserve for cash flow hedges”. The cumulative loss or gain in this reserve is transferred to the consolidated statement of comprehensive income to the extent that the hedged item impacts the consolidated statement of comprehensive income offsetting the effect in the same comprehensive income statement account. Gains or losses from the ineffective portion of the hedge relationship are recognized directly in the statement of comprehensive income. · Hedge accounting is discontinued only when the hedging relationship (or a part of the relationship) fails to meet the required criteria, after making any rebalancing of the hedging relationship, if applicable. If it is not possible to continue the hedging relationship, including when the hedging instrument expires, is sold, settled or exercised, any gain or loss accumulated in equity at that date remains in equity until the projected transaction affects the statement of comprehensive. When a projected transaction is no longer expected to occur, the gain or loss accumulated in equity is immediately transferred to the income statement. As a general rule, long-term commodity purchases or sales agreements are recognized in the statement of financial position at their fair value at the end of each reporting period, recognizing any differences in value directly in profit or loss, except for, when all of the following conditions are met: · The sole purpose of the agreement is for its own use, which is understood as: (i) in the case of fuel purchase agreements such use is to generate electricity; (ii) in the case of electrical energy purchased for sale, its sale is to the end-customers; and (iii) in the case of electricity sales its sale is to the end-customers. · The Group’s future projections evidence the existence of these agreements for own use. · Past experience with agreements evidence that they are “own use” agreements, except in certain isolated cases when for exceptional reasons or reasons associated with logistical issues, they have been used for other purposes beyond the control and expectations of the Group. · The agreement does not stipulate net settlement and the parties have not made it a practice to net settle similar contracts in the past. The long-term commodity purchase or sale agreements maintained by the Group, which are mainly for electricity, fuel, and other supplies, meet the conditions described above. Thus, the purpose of fuel purchase agreements is to use them to generate electricity, electricity purchase contracts are used to sell to end-customers, and electricity sale contracts are used to sell the Group’s own products. The Group also evaluates the existence of derivatives embedded in contracts or financial instruments to determine if their characteristics and risk are closely related to the host contract, provided that when taken as a whole they are not being accounted for at fair value. If they are not closely related, they are recorded separately and changes in value are accounted for directly in the statement of comprehensive income. g.6) Derecognition of financial assets and liabilities Financial assets are derecognized when: · The contractual rights to receive cash flows from the financial asset expire or have been transferred or, if the contractual rights are retained, the Group has assumed a contractual obligation to pay these cash flows to one or more recipients. · The Group has substantially transferred all the risks and rewards of ownership of the financial asset, or, if it has neither transferred nor retained substantially all the risks and rewards, when it does not retain control of the financial asset. Transactions in which the Group retains substantially all the inherent risks and rewards of ownership of the transferred asset, it continues recognizing the transferred asset in its entirety and recognizes a financial liability for the consideration received. Transactions costs are recognized in profit and loss by using the effective interest method (See Note 3.g.1). Financial liabilities are derecognized when they are extinguished, that is, when the obligation arising from the liability has been paid or cancelled, or has expired. g.7) Offsetting financial assets and liabilities The Group offsets financial assets and liabilities and the net amount is presented in the statement of financial position only when: - there is a legally binding right to offset the recognized amounts; and - the Company intends to settle them on a net basis, or to realize the asset and settle the liability simultaneously. The right of offset may only be legally enforceable in the normal course of business, or in the event of default, or in the event of insolvency or bankruptcy, of one or all of the counterparties. g.8) Financial guarantee contracts The financial guarantee contracts, defined as the guarantees issued by the Group to third parties, are initially measured at their fair value, adjusted for transaction costs that are directly attributable to the issuance of the guarantee. Subsequently to initial recognition, financial guarantee contracts are recognized at the higher of: · the amount of the liability determined in accordance with the accounting policy in Note 3.m; and · the amount of the asset initially recognized less, if appropriate, any accumulate amortization recognized in accordance with the revenue recognition policies described in Note 3.q. |
Measurement of fair value | h) Measurement of fair value The fair value of an asset or liability is defined as the price that would be received from the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value measurement assumes that the transaction to sell an asset or transfer a liability occurs in the principal market, namely, the market with the greatest volume and level of activity for that asset or liability. In the absence of a principal market, it is assumed that the transaction is carried out in the most advantageous market available to the entity, namely, the market that maximizes the amount that would be received to sell the asset or minimizes the amount that would be paid to transfer the liability. In estimating fair value, the Group uses valuation techniques that are appropriate for the circumstances and for which there is sufficient data to perform the measurement where it maximizes the use of relevant observable data and minimizes the use of unobservable data. Given the hierarchy explained below, data used in the valuation techniques, assets and liabilities measured at fair value can be classified at the following levels: · Level 1 : Quoted prices (unadjusted) in active markets for identical assets or liabilities; · Level 2 : Inputs other than quoted prices included within Level 1 that are observable for the assets or liabilities, either directly (i.e. as prices) or indirectly (i.e. derived from prices). The methods and assumptions used to determine the fair values at Level 2 by type of financial assets or financial liabilities take into consideration estimated future cash flows discounted at market rates. Future cash flows for financial assets and financial liabilities are discounted with the zero coupon interest rate curves for each currency (these valuations are carried out using external tools such as Bloomberg); and · Level 3 : Inputs for assets or liabilities that are not based on observable market data (unobservable inputs). The Group takes into account the characteristics of the asset or liability when measuring fair value, in particular: - For non-financial assets, fair value measurement takes into account the ability of a market participant to generate economic benefits by using the asset in its highest and best use or by selling it to another market participant that would use the asset at its highest and best use; - For liabilities and equity instruments, the fair value measurement assumes that the liability would not be settled and an equity instrument would not be cancelled or otherwise extinguished on the measurement date. The fair value of the liability reflects the effect of non-performance risk, namely, the risk that an entity will not fulfill the obligation, which includes but is not limited to, the Company’s own credit risk; - For derivatives not traded on active markets, the fair value is determined by using the discounted cash flow method and generally accepted options valuation models, based on current and future market conditions as of the close of the financial statements. This methodology also adjusts the value based on the Company’s own credit risk (Debt Valuation Adjustment, DVA), and the counterparty risk (Credit Valuation Adjustment, CVA). These CVA and DVA adjustments are measured on the basis of the potential future exposure of the instrument (creditor or borrower position) and the risk profile of both the counterparties and the Group itself. - For financial assets and financial liabilities with offsetting positions in market risks or counterparty credit risks, it is permitted to measure the fair value on a net basis. However, this must be consistent with the manner in which market participants would price the net risk exposure at the measurement date. Financial assets and liabilities measured at fair value are shown in Note 23.3. |
Investments accounted for using the equity method | i) Investments accounted for using the equity method The Group’s interests in joint ventures and associates are recognized using the equity method. Under the equity method, an investment in an associate or joint venture is initially recognized at cost. As of the acquisition date, the investment is recognized in the statement of financial position based on the share of its equity that the Group’s interest represents in its capital, adjusted for, if appropriate, the effect of transactions with the Group plus any goodwill generated in acquiring the company. If the resulting amount is negative, zero is recorded for that investment in the statement of financial position, unless the Group has a present obligation (either legal or constructive) to support the investee’s negative equity situation, in which case a provision is recognized. Goodwill from the associate or joint venture is included in the carrying amount of the investment. It is not amortized but is subject to impairment testing as part of the overall investment carrying amount when there are indicators of impairment. Dividends received from these investments are deducted from the carrying amount of the investment, and any profit or loss obtained from them to which the Group is entitled based on its ownership interest is recognized under “Share of profit (loss) of associates accounted for using equity method.” The companies classified as “Associates and Joint Ventures” (see Note 2.5 and 2.6 respectively) in these consolidated financial statements are accounted for under this method. |
Inventories | j) Inventories Inventories are measured at their weighted average acquisition cost or the net realizable value, whichever is lower. The net realizable value is the estimated selling price in the ordinary course of business less the estimated costs necessary to make the sale. The cost of inventories includes all costs of purchase and all necessary costs incurred in bringing the inventories to their present location and condition. Trade discounts, rebates and other similar items are deducted in determining the costs of purchase. |
Non-current assets (or disposal group of assets) held for sale or held for distribution to owners and discontinued operations | k) Non-current assets (or disposal group of assets) held for sale or held for distribution to owners and discontinued operations. Non-current assets, including property, plant and equipment; intangible assets; investments accounted for using the equity method, joint ventures, and disposal groups (a group of assets to be disposed of and the liabilities directly associated with those assets), are classified as: - Held for sale, if their carrying amount will be recovered principally through a sale transaction rather than through continuing use; or - Held for distribution to owners, when the entity is committed to distribute the assets (or disposal groups) to the owners. For the above classification, the assets must be available for immediate sale or distribution in their present condition and its sale or distribution is highly probable. For this transaction to be considered highly probable, management must be committed to the sale or distribution and actions to complete the transaction must have been initiated and should be expected to be completed within one year from the date of classification. Actions required to complete the sale or distribution plan should indicate that it is unlikely that significant changes to the plan will be made or that the plan will be withdrawn. The probability of shareholders’ approval (if required in the jurisdiction) should be considered as part of the assessment of whether the sale or distribution is highly probable. Non-current assets or disposal groups held-for-sale or held for distribution to owners are measured at the lower of their carrying amount and fair value less costs to sell or costs to distribute, as appropriate. Depreciation and amortization on these assets cease when they meet the criteria to be classified as non-current assets held for sale or held for distribution to owners. Assets that are no longer classified as held for sale or held for distribution to owners, or are no longer part of a disposal group, are measured at the lower of their carrying amounts before being classified as held for sale or held for distribution less any depreciations, amortizations or revaluations that would have been recognized if they had not been classified as held for sale or held for distribution to owners and their recoverable amount at the date of subsequent decision where would be reclassified as non-current assets. Non-current assets held for sale and the components of the disposal groups classified as held for sale or held for distribution to owners are presented in the consolidated statement of financial position as a single line item within assets called “Non-current assets or disposal groups held for sale or for distribution to owners,” and the respective liabilities are presented as a single line item within liabilities called “Liabilities included in disposal groups held for sale or for distribution to owners.” The Group classifies as discontinued operations those components of the Group that either have been disposed of, or are classified as held for sale, and: (i) represents a separate major lines of business or geographical area of operations; (ii) is a part of a single coordinated plan to dispose a separate major line of business or geographical area of operations; or (iii) is a subsidiary acquired exclusively with a view to resale. The components of profit or loss after taxes from discontinued operations and the post-tax gain or loss recognized on the measurement to fair value less costs to sell or on the disposal of the assets or groups constituting the discontinued operation are presented as a single line item in the consolidated comprehensive income statement as “Income after tax from discontinued operations”. |
Treasury shares | l) Treasury shares Treasury shares are deducted from equity in the consolidated statement of financial position and measured at acquisition cost. Gains and losses from the disposal of treasury shares are recognized directly in “Equity – Retained earnings”, without affecting profit or loss for the period. |
Provisions | m) Provisions Provisions are recognized when the Group has a present obligation (legal or constructive) as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation. The amount recognized as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation. When a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material). The unwinding of the discount is recognized as finance cost. Incremental legal cost expected to be incurred in resolving a legal claim is included in measuring of the provision. Provisions are reviewed at the end of each reporting period and adjusted to reflect the current best estimate. If it is no longer probable that an outflow of resources embodying economic benefits will be required to settle the obligation, the provision is reversed. A contingent liability does not result in the recognition of a provision. Legal costs expected to be incurred in defending a legal claim are expensed as they are incurred. Significant contingent liabilities are disclosed unless the likelihood of an outflow of resources embodying economic benefits is remote. m.1) Provisions for post-employment benefits and similar obligations Some of the Group’s subsidiaries have pension and similar obligations to their employees. Such obligations, related to defined benefits plans, are basically formalized through pension plans, except for certain non-monetary benefits, mainly electricity supply commitments, which, due to their nature, have not been externalized and are covered by the related in-house provisions. For defined benefit plans, the cost of providing benefits is determined using the Projected Unit Credit Method, with actuarial valuations being carried out at the end of each reporting period. Past service costs relating to changes in benefits are recognized immediately. The defined benefit plan obligations in the statement of financial position represent the present value of the accrued obligations, adjusted, once the fair value of the different plans’ assets has been deducted, if any. Actuarial gains and losses arising in measurements of both the plan liabilities and the plan assets (if any, and excluding interest) are recognized directly in other comprehensive income. |
Translation of foreign currency balances | n) Translation of foreign currency balances Transactions carried out by each entity in a currency other than its functional currency are recognized using the exchange rates prevailing as of the date of the transactions. During the year, any differences that arise between the prevailing exchange rate at the date of the transaction and the exchange rate as of the date of collection or payment are recognized as “Foreign currency exchange differences” in the consolidated statement of comprehensive income. Likewise, at the end of each reporting period, receivable or payable balances denominated in a currency other than each entity’s functional currency are translated using the closing exchange rate. Any differences are recorded as “Foreign currency exchange differences” in the consolidated statement of comprehensive income. The Group has established a policy to hedge the portion of revenue from its consolidated entities that is directly linked to variations in the U.S. dollar, through obtaining financing in such currency. Exchange differences related to this debt, which is regarded as the hedging instrument in cash flow hedge transactions, are recognized, net of taxes, in other comprehensive income and are accumulated in an equity reserve and reclassified to profit or loss when the hedged cash flows affect profit or loss. This term has been estimated at ten years. o |
Current/non-current classification | o ) Current/non-current classification In these consolidated statements of financial position, assets and liabilities expected to be recovered or settled within twelve months are presented as current items, except for post-employment and other similar obligations. Those assets and liabilities expected to be recovered or settled in more than twelve months are presented as non-current items. Deferred income tax assets and liabilities are classified as non-current. When the Group have any obligations that mature in less than twelve months but can be refinanced over the long term at the Group’s discretion, through unconditionally available credit agreements with long-term maturities, such obligations are classified as non-current liabilities. |
Income taxes | p) Income taxes Income tax expense for the period is determined as the sum of current taxes from each of the Group’s subsidiaries and results from applying the tax rate to the taxable income for the period, after permitted deductions have been made, plus any changes in deferred tax assets and liabilities and tax credits, both for tax losses and deductions. Differences between the carrying amount and tax basis of assets and liabilities generate deferred tax assets and liabilities, which are calculated using the tax rates expected to apply when the assets and liabilities are realized or settled, based on tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax assets are recognized for all deductible temporary differences, tax losses and unused tax credits to the extent that it is probable that sufficient future taxable profits exist to recover the deductible temporary differences and make use of the tax credits. Such deferred tax asset is not recognized if the deductible temporary difference arises from the initial recognition of an asset or liability that: · Did not arise from a business combination, and · At initial recognition affected neither accounting profit nor taxable profit (loss). With respect to deductible temporary differences associated with investments in subsidiaries, associates and joint arrangements, deferred tax assets are recognized only to the extent that it is probable that the temporary differences will reverse in the foreseeable future and taxable profits will be available against which the temporary differences can be utilized. Deferred tax liabilities are recognized for all temporary differences, except those derived from the initial recognition of goodwill and those that arose from investments in subsidiaries, associates and joint ventures in which the Group can control their reversal and where it is probable that they will not be reversed in the foreseeable future. Current tax and changes in deferred tax assets or liabilities are recorded in profit or loss or in equity, depending on where the gains or losses that triggered these tax entries have been recognized. Any tax deductions that can be applied to current tax liabilities are credited to earnings within the line item “Income tax expenses”, except when exists uncertainty about their tax realization, in which case they are not recognized until they are effectively realized, or when they correspond to specific tax incentives, in which case they are recorded as government grants. At the end of each reporting period, the Group reviews the deferred taxes assets and liabilities recognized, and makes, if any, necessary corrections based on the results of this analysis. Deferred tax assets and deferred tax liabilities are offset in the consolidated statement of financial position if has a legally enforceable right to set off current tax assets against current tax liabilities, and only when the deferred taxes relate to income taxes levied by the same taxation authority. |
Revenue and expense recognition | q) Revenue and expense recognition Revenue is recognized when (or as) the control over a good or service is transferred to the customer. Revenue is measured based on the consideration to which it is expected to be entitled for said transfer of control, excluding the amounts collected on behalf of third parties. The Group analyzes and takes into consideration all the relevant facts and circumstances for revenue recognition, applying the five step of the model established by IFRS 15: 1) Identifying the contract with a customer; 2) Identifying the performance obligations; 3) Determining the transaction price; 4) Allocating the transaction price; and 5) Recognizing revenue. The following are the criteria for revenue recognition by type of good or service provided by the Group: • Electricity supply (sale and transportation): Corresponds to a single performance obligation that transfers to the customer a number of different goods/services that are substantially the same and that have the same transfer pattern. Since the customer receives and simultaneously consumes the benefits provided by the Company, it is considered a performance obligation met over time. In these cases, Enel Chile applies an output method to recognize revenue in the amount to which it is entitled to bill for electricity supplied to date. - Generation: revenue is recorded according to the physical deliveries of energy and power, at the prices established in the respective contracts, at the prices stipulated in the electricity market by the current regulations, or at the marginal cost of energy and power, depending on whether they are unregulated, regulated customers or energy trading in the spot market are involved, respectively. - Distribution of electricity: Revenue is recognized based on the amount of energy supplied to customers during the period, at prices established in the respective contracts or at prices stipulated in the electricity market by applicable regulations, as appropriate. This revenue includes an estimate of the service provided and not invoiced at the balance sheet date (See Note 2.3 and Note 28). • Sale and Transportation of Gas: Revenue is recognized over time, based on the actual physical deliveries of gas in the period of consumption, at the prices established in the respective contracts. • Other services: mainly the provision of supplementary services to the electricity business, construction of works and engineering and consulting services. Customers control committed assets as they are created or improved. Therefore, the Company recognizes this revenue over time based on the progress, measuring progress through output methods (performance completed to date , milestones reached, etc.), or resource methods (resources consumed, hours of labor spent, etc.), as appropriate in each case. • Sale of goods: revenue from the sale of goods is recognized at a certain time, when control of the goods have been transferred to the buyer, which generally occurs at the time of the physical delivery of the goods. Revenues are measured at the independent sale price of each good, and any type of applicable variable compensation. In contracts in which multiple committed goods and services are identified, the recognition criteria will be applied to each of the identifiable performance obligation of the transaction, based on the control transfer pattern of each good or service that is separate and an independent selling price allocated to each of them, or to two or more transactions jointly, when these are linked to contracts with customers that are negotiated with a single commercial purpose and the goods and services committed represent a single performance obligation and their selling prices are not independent. Enel Chile determines the existence of significant financing components in its contracts, adjusting the value of the consideration if applicable, to reflect the effects of the time value of money. However, the Group applies the practical solution provided by IFRS 15, and will not adjust the value of the consideration committed for the purpose of a significant financing component, if the Company expects, at the beginning of the contract, that the period between the payment and the transfer of goods or service to the customer is one year or less. The Group excludes the gross revenue of economic benefits received when acting as an agent or broker on behalf of third parties from the revenue figure. The Group only records as revenue the payment or commission to which it expects to be entitled. Given that the Company mainly recognizes revenue for the amount to which it has the right to invoice, it has decided to apply the practical disclosure solution provided in IFRS 15, through which it is not required to disclose the aggregate amount of the transaction price allocated to the obligations of performance not met (or partially not met) at the end of the reporting period. In addition, the Group evaluates the existence of incremental costs of obtaining a contract and costs directly related to the fulfillment of a contract. These costs are recognized as an asset, if their recovery is expected, and amortized in a manner consistent with the transfer of the related goods or services. The incremental costs of obtaining a contract are recognized as an expense, if the depreciation period of the asset that has been recognized is one year or less. Costs that do not qualify for capitalization are recognized as expenses at the time they are incurred, unless they are explicitly attributable to the customer. Interest revenue (expenses) is (are) recorded considering the effective interest rate applicable to the principal with pending amortization, during the corresponding accrual period. |
Earnings per share | r ) Earnings per share Basic earnings per share are calculated by dividing net income attributable to shareholders of the Parent Company by the weighted average number of ordinary shares outstanding during the period, excluding the average number of shares of the Parent Company held by other subsidiaries within the Group, if any. Basic earnings per share for continuing and discontinued operations are calculated by dividing net income from continuing and discontinued operations attributable to shareholders of the Parent Company (the numerator) by the weighted average number of ordinary shares outstanding (the denominator) during the year, excluding the average number of shares of the Parent Company held by other subsidiaries within the Group, if any. Diluted EPS is calculated by dividing net income to shareholders of the Parent Company by the weighted average number of ordinary shares outstanding during the period plus the weighted average number of ordinary shares that would be issued on conversion of all the dilutive potential ordinary shares into ordinary shares, if any s |
Dividends | s ) Dividends Article No. 79 of the Chilean Corporations Act Law No. 18,046; establishes that, unless unanimously agreed otherwise by the shareholders of all issued shares, listed corporations must distribute a cash dividend to shareholders on an annual basis, pro rata to the shares owned or the proportion established in the company’s by-laws if there are preferred shares, of at least 30% of net income for each period, except when accumulated losses from prior years must be absorbed. As it is practically impossible to achieve a unanimous agreement given the Company’s highly fragmented share capital, at the end of each reporting period the amount of the minimum statutory dividend obligation to its shareholders is determined, net of interim dividends approved during the fiscal year, and then accounted for in “Trade and other current payables” and “Accounts payable to related companies”, as appropriate, and recognized in equity. Interim and final dividends are deducted from equity as soon as they are approved by the competent body, which in the first case is normally the Company’s Board of Directors and in the second case is the shareholders as agreed at an Ordinary Shareholders’ Meeting. |
Share issuance costs | t) Share issuance costs Share issuance costs, only when they represent incremental expenses directly attributable to the transaction, are recognized directly in net equity as a deduction from “Share premiums,” net of any applicable taxes. If the share premium account has a zero balance or if the costs described exceed the balance, they are recognized in “Other reserves.” |
Statement of cash flows | u) Statement of cash flows The statement of cash flows reflects changes in cash and cash equivalents that took place during the period, determined with the direct method. It uses the following expressions and corresponding meanings: - Cash flows: inflows and outflows of cash or cash equivalents, which are defined as highly liquid investments maturing in less than three months with a low risk of changes in value. - Operating activities: the principal revenue-producing activities of the Group and other activities that cannot be considered investing or financing activities. - Investing activities: the acquisition and disposal of long-term assets and other investments not included in cash and cash equivalents. - Financing activities: activities that result in changes in the size and composition of the total equity and borrowings of the Group. |
Basis of Presentation of the _2
Basis of Presentation of the Consolidated Financial Statements (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
BASIS OF PRESENTATION OF THE CONSOLIDATED FINANCIAL STATEMENTS | |
Disclosure Of Proportion Of Net Assets Market Value Explanatory | (i) Cash and cash equivalents remaining after excluding the 2013 capital increase proceeds, were allocated based on the exercise carried out by Enersis’ management, the ratios obtained for the division of the cash and cash equivalents, were as follows: Proportion of Net Assets Market Value Entity Chile Américas Enersis S.A. Endesa S.A. Chilectra S.A. |
Disclosure Of Breakdown Of Allocated Employees Explanatory | The table below sets forth the breakdown of employees allocated to the Company and Enel Américas: Employee allocation Entity Chile Américas Enersis S.A. Endesa S.A. Chilectra S.A. Total |
Schedule of subsidiaries | Percentage of control at Percentage of control at Taxpayer ID No. Company Currency Direct Indirect Total Direct Indirect Total 96.800.570-7 Enel Distribución Chile S.A. Chilean peso — — 96.783.910-8 Empresa Eléctrica de Colina Ltda. Chilean peso — — 96.504.980-0 Empresa Eléctrica Pehuenche S.A. Chilean peso — — 91.081.000-6 Enel Generación Chile S.A. Chilean peso — - 78.932.860-9 GasAtacama Chile S.A. (1) Chilean peso 78.952.420-3 Gasoducto Atacama Argentina S.A. Chilean peso — — 96.800.460-3 Luz Andes Ltda. Chilean peso — — 76.722.488-5 Empresa de Transmisión Chena S.A Chilean peso — — 77.047.280-6 Sociedad Agrícola de Cameros Ltda. Chilean peso — — 96.920.110-0 Enel Green Power Chile Ltda. * U.S. dollar — — — — 96.524.140-K Empresa Electrica Panguipulli S.A * U.S. dollar — — — 76.306.985-0 Diego de Almagro Matriz SpA. * U.S. dollar — — — — 76.179.024-2 Parque Eolico Tal Tal S.A * U.S. dollar — — — 96.971.330-6 Geotermica del Norte S.A * U.S. dollar — — — — 99.577.350-3 Empresa Nacional de Geotermia S.A * U.S. dollar — — — — 76.052.206-6 Parque Eolico Valle de los Vientos S.A * U.S. dollar — — — — 76.126.507-5 Parque Talinay Oriente S.A * U.S. dollar — — — — 76.321.458-3 Almeyda Solar SpA * U.S. dollar — — — — 76.412.562-2 Enel Green Power del Sur SpA. * U.S. dollar — — — — 76.924.079-9 Enel X Chile SpA U.S. dollar — — — — |
Schedule of investment in associates | Ownership Interest at Ownership Interest at Taxpayer ID No. Company Currency Direct Indirect Total Direct Indirect Total 76.418.940-K GNL Chile S.A. Chilean peso — 33.33% 33.33% — 33.33% 33.33% 76.364.085-K Energia Marina SpA Chilean peso 25.00% 25.00% — — — |
Schedule of Associates and Joint Venture | Ownership Interest at Ownership Interest at Taxpayer ID No. Company Currency Direct Indirect Total Direct Indirect Total 76.091.595-5 Aysén Energía S.A. (1) Chilean peso — 51.00% 51.00% — 51.00% 51.00% 76.041.891-9 Aysén Transmisión S.A. (1) Chilean peso — 51.00% 51.00% — 51.00% 51.00% 76.652.400-1 Centrales Hidroeléctricas De Aysén S.A. (2) Chilean peso — — — — 51.00% 51.00% 77.017.930-0 Transmisora Eléctrica de Quillota Ltda. Chilean peso — 50.00% 50.00% — 50.00% 50.00% (1) (2) |
Accounting Policies (Tables)
Accounting Policies (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
ACCOUNTING POLICIES. | |
Summary of Estimated Useful Lives of Property, Plant and Equipment | The following table are the main categories of property, plant and equipment with their respective estimated useful lives: Categories of Property, plant and equipment Years of estimated Buildings 10 – 60 Plant and equipment 6 – 65 IT equipment 3 – 15 Fixtures and fittings 2 – 35 Motor vehicles 5 – 10 Additionally, the following table sets forth more details on the useful lives of plant and equipment items: Categories of Property, plant and equipment Years of estimated Generating facilities: Hydroelectric plants Civil engineering works 10 – 65 Electromechanical equipment 10 – 45 Fuel oil/coal-fired power plants 25 – 40 Combined cycle power plants 10 – 25 Renewable energy power plants 20 Transmission and distribution facilities: High-voltage network 10 – 60 Low- and medium-voltage network 10 – 50 Measuring and remote control equipment 10 – 50 Primary substations 6 – 25 Natural gas transport facilities Pipelines 20 |
Business Combinations Under C_2
Business Combinations Under Common Control (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
BUSINESS COMBINATIONS UNDER COMMON CONTROL | |
Summary of Carrying amount of the assets and liabilities of EGPL at merger date | Carrying amount of the assets and liabilities of EGPL at merger date: Identifiable net assets acquired ThCh$ Cash and cash equivalents Other current financial assets Other current non-financial assets Trade and other current receivables Current accounts receivables to related parties Inventories Current tax assets Other non-current financial assets Other non-current non-financial assets Trade and other non-current receivables Intangible assets other than goodwill Goodwill Property, plant and equipment Deferred tax assets Other current financial liabilities Trade and other current payables Current accounts payable to related parties Current tax liabilities Other non-current financial liabilities Non-current accounts payable to related parties Other non-current provision Deferred tax liabilities Provisions for non-current employee benefits Net identifiable assets acquired |
Argentina's Hyperinflationary_2
Argentina's Hyperinflationary Economy (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
ARGENTINA'S HYPERINFLATIONARY ECONOMY | |
Hyperinflationary general price index | General price index From January 2015 to December 2018 85.52% From January to December 2018 47.83% |
Effects of hyperinflation on Consolidated Statements of Financial Position and Comprehensive Income | Balances as of Result due to Hyperinflation 12/31/2018 ThCh$ Intangible assets other than goodwill Property, plant and equipment Equity Other Services Provision Other Variable Provisioning and Services Employee benefits expenses Other Fixed Operating Expenses Financial income Financial costs Result due to Hyperinflation * |
Cash and Cash Equivalents (Tabl
Cash and Cash Equivalents (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
CASH AND CASH EQUIVALENTS. | |
Summary of Cash and Cash Equivalents | a) The detail of cash and cash equivalents as of December 31, 2018 and 2017, is as follows: As of December 31, 2018 2017 Cash and Cash Equivalents ThCh$ ThCh$ Cash balances 44,326 53,875 Bank balances 98,395,997 35,208,300 Time deposits 5,782,252 11,155,249 Other fixed-income instruments 140,949,349 373,038,602 Total 245,171,924 419,456,026 |
Summary of Cash and Cash Equivalents by Currency | b) The detail of cash and cash equivalents by currency is as follows: As of December 31, 2018 2017 Currency ThCh$ ThCh$ Chilean peso 222,434,412 399,164,753 Argentine peso 6,057,793 6,263,344 Euros 103,847 11,594 U.S. dollar 16,575,872 14,016,335 Total 245,171,924 419,456,026 |
Summary of Cash and Cash Equivalents Received from Sale of Shares of Subsidiaries and Associates | d) The following tables sets forth cash and cash equivalents that have been received from the sale of shares of associates during the years ended December 31, 2018, 2017 and 2016: 2018 2017 (*) 2016 (**) Loss of control at Associates ThCh$ ThCh$ ThCh$ Amounts received for the sale of Associates (*) — 115,582,806 132,820,800 Total — 115,582,806 132,820,800 (*) See Note 5. (**) See Note 15.1.c. |
Summary of Reconciliation of Liabilities Arising from Financing Activities | e) Reconciliation of liabilities arising from financing activities: Financing Cash Flows Non-Cash Changes Balance as of From Used Interest paid Total Acquisition of subsidiaries Changes in fair Foreign exchange Financial costs Other changes Balance as of Liabilities arising from financing activities ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Bank loans (Note 21.1) 122 940,414,450 (812,568,125) (22,902,945) 104,943,380 322,301,558 — 51,622,432 27,929,781 5,750,445 512,547,718 Unsecured obligations (Note 21.1) 763,579,584 625,368,154 (5,654,112) (59,362,432) 560,351,610 — — 128,056,234 64,400,703 (11,106,048) 1,505,282,083 Finance leases (Note 21.1) 14,608,914 — (1,889,685) (739,070) (2,628,755) — — 1,757,221 739,070 — 14,476,450 Other liabilities (Note 18.1) — — (1,303,692) (1,303,692) 52,972 1,250,720 — Financial derivatives for hedging (Note 9 y 21) (29,478,642) — — (3,496,889) (3,496,889) (5,495,214) 48,389,489 32,202,403 3,569,025 (5,078,247) 40,611,925 Loans to related parties (Nota 12.1.b) — — — (30,039,555) (30,039,555) 398,462,271 — 51,063,262 29,906,460 (2,074,657) 447,317,781 Other obligations — — (23,307,842) — (23,307,842) — — — 23,307,842 — — Total 748,709,978 1,565,782,604 (844,723,456) (116,540,891) 604,518,257 715,268,615 48,389,489 264,754,524 149,852,881 (11,257,787) 2,520,235,957 Financing Cash Flows Non-Cash Changes Balance as of From Used Interest paid Total Acquisition of subsidiaries Changes in fair Foreign exchange Financial costs (2) Other changes Balance as of Liabilities arising from financing activities ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Bank loans (Note 21.1) 4,274 — (4,156) (12,581) (16,737) — — — 12,585 — 122 Unsecured obligations (Note 21.1) 802,306,160 — (5,530,327) (43,514,578) (49,044,905) — — (33,226,098) 43,544,427 — 763,579,584 Finance leases (Note 21.1) 17,749,647 — (2,592,236) — (2,592,236) — — (1,359,668) 811,171 — 14,608,914 Financial derivatives for hedging (Note 9 y 21) 23,640,892 — (3,543,399) — (3,543,399) — (25,059,561) (23,488,917) 3,473,938 (4,501,595) (29,478,642) Loans to related parties (Nota 12.1.b) — 150,000,000 (150,000,000) (289,800) (289,800) — — — 289,800 — — Other obligations — — (1,305,389) — (1,305,389) — — — 1,305,389 — — Total 843,700,973 150,000,000 (162,975,507) (43,816,959) (56,792,466) — (25,059,561) (58,074,683) 49,437,310 (4,501,595) 748,709,978 (1) Balance corresponds to current and non-current portion. Other changes include interest accruals |
Other Financial Assets (Tables)
Other Financial Assets (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
OTHER FINANCIAL ASSETS | |
Summary of Other Financial Assets | Current Non-current 12-31-2018 12-31-2017 12-31-2018 12-31-2017 Other Financial Assets ThCh$ ThCh$ ThCh$ ThCh$ Financial assets at fair value with changes in results 90,839 — — 33,158 Financial assets at fair value with change in other comprehensive income 269,031 — 2,352,894 2,595,343 Financial assets held to maturity 880,268 185,913 689,146 — Hedging derivatives 39,022,012 20,038,433 4,191,543 30,789,703 Non-Hedging derivatives 41,023 402,716 36,086 — Total 40,303,173 20,627,062 7,269,669 33,418,204 |
Other Non-financial Assets an_2
Other Non-financial Assets and Liabilities (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
OTHER NON-FINANCIAL ASSETS AND LIABILITIES | |
Schedule of other non-financial assets | Currrent Non-Current Other non-financial assets 12-31-18 12-31-17 12-31-18 12-31-17 ThCh$ ThCh$ ThCh$ ThCh$ VAT Tax Credit and Other Taxes - Prepaid expenses - - Guarantee deposit - - PPM water rights - - Spare parts with consumption schedule over 12 months - - Other Total |
Schedule of other non-financial liabilities | Currrent Non-Current Other non-financial liabilities 12-31-18 12-31-17 12-31-18 12-31-17 ThCh$ ThCh$ ThCh$ ThCh$ VAT and Other Taxes due 56,341,865 31,669,402 - - Tax Due for payment realted to Central Eólica Canela S.A. - 6,795,376 - - Reimbursable financial contributions - - 226,653 309,776 Splices 10,456,081 7,884,841 - - Transfer of networks 1,786,635 1,811,479 - - Products and services 1,502,411 937,259 - - Other 1,221,990 647,673 - - Total |
Trade and Other Receivables (Ta
Trade and Other Receivables (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
Disclosure Of Finance Lease And Operating Lease By Lessor [Line Items] | |
Summary of Trade and Other Receivables, Net | As of December 31, 2018 2017 Current Non-current Current Non-current Trade and Other Receivables, Gross ThCh$ ThCh$ ThCh$ ThCh$ Trade and other receivables, gross 527,649,947 60,527,843 463,626,345 36,182,399 Trade receivables, gross (2) 457,053,617 2,046,845 415,039,522 1,917,828 Other receivables, gross (1) 70,596,330 58,480,998 48,586,823 34,264,571 As of December 31, 2018 2017 Current Non-current Current Non-current Trade and Other Receivables, Net ThCh$ ThCh$ ThCh$ ThCh$ Trade and other receivables, net 478,170,067 60,527,843 406,968,537 36,182,399 Trade and other receivables, net (2) 417,927,182 2,046,845 380,379,326 1,917,828 Other receivables, net (1) 60,242,885 58,480,998 26,589,211 34,264,571 (1) This includes, as of December 31, 2018, recoveries from insurance companies for claims of ThCh$18,805,057 (ThCh$1,048,903 as of December 31, 2017), accounts receivable from employees of ThCh$11,663,906 (ThCh$9,709,051 as of December 31, 2017), advances to suppliers and creditors of ThCh$19,639,578 (ThCh$5,360,307 as of December 31, 2017), leasing debtors of ThCh$61,753,441 (ThCh$34,550,131 as of December 31, 2017) and others of ThCh$6,861,901 (ThCh$10,185,390). (2) There are no significant trade and other receivables balances held by the Group that are not available for its use. |
Summary of Balance of Past Due But Not Impaired Trade Receivables | Trade Receivables Past Due But Not Impaired (*) As of December 31, 2018 2017 ThCh$ ThCh$ Less than three months 37,711,262 54,488,473 Between three and six months 3,916,489 9,008,195 Between six and twelve months 5,312,988 7,123,391 More than twelve months 11,328,175 16,067,867 Total 58,268,914 86,687,926 |
Summary of Reconciliation of Changes in the Allowance for Impairment of Trade Receivables | Current and Non-current Trade Receivables Past Due and Impaired ThCh$ Balance at December 31, 2016 39,461,880 Increases (decreases) for the year (*) 7,937,817 Amounts written off (3,525,638) Balance at December 31, 2017 43,874,059 Initial balance adjustment for IFRS 9 4,673,467 Increases (decreases) for the year (*) 4,777,708 Amounts written off (3,863,702) Other movements 18,348 Balance at December 31, 2018 49,479,880 (*) See Note 31 for impairment of financial assets. |
Lease Receivables [Member] | |
Disclosure Of Finance Lease And Operating Lease By Lessor [Line Items] | |
Schedule of Minimum Lease Payments Receivable | 12-31-2018 12-31-2017 Gross Interest Present Value Gross Interest Present Value ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Less than one year 8,033,838 1,932,026 6,101,812 4,380,499 944,578 3,435,921 From one to five years 32,135,353 5,678,839 26,456,514 17,521,998 3,617,167 13,904,831 More than five years 31,861,803 2,666,687 29,195,116 18,127,398 918,019 17,209,379 Total 72,030,994 10,277,552 61,753,442 40,029,895 5,479,764 34,550,131 |
Balances and Transactions Wit_2
Balances and Transactions With Related Parties (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
BALANCES AND TRANSACTIONS WITH RELATED PARTIES | |
Summary of Receivables from and Accounts Payable to Related Parties | a) Receivables from related parties Current Non-current Taxpayer ID 12-31-2018 12-31-2017 12-31-2018 12-31-2017 Number Company Country Relationship Currency Description of transaction Term of transaction ThCh$ ThCh$ ThCh$ ThCh$ Foreign Endesa España Spain Common Immediate Parent CH$ Other services Less than 90 days — 70,371 — — Foreign Endesa España Spain Common Immediate Parent Euros Other services Less than 90 days 27,023 13,077 — — 96.524.140-K Empresa Electrica Panguipulli S.A. Chile Common Immediate Parent CH$ Energy sales Less than 90 days — 1,031,125 — — 96.524.140-K Empresa Electrica Panguipulli S.A. Chile Common Immediate Parent CH$ Tolls Less than 90 days — 79,217 — — 96.524.140-K Empresa Electrica Panguipulli S.A. Chile Common Immediate Parent CH$ Other services Less than 90 days — 86,089 — — 76.418.940-K GNL Chile S.A. Chile Associate CH$ Gas Purchase Less than 90 days 14,666,414 18,793,098 — — 76.418.940-K GNL Chile S.A. Chile Associate CH$ Dividends Less than 90 days 788,336 — — — Foreign Endesa Generación Spain Common Immediate Parent Euros Other services Less than 90 days 41,820 36,067 — — Foreign Enel Italia SrL. Italy Common Immediate Parent Euros Other services Less than 90 days 295,892 8,144 — — Foreign Enel Italia SrL. Italy Common Immediate Parent Euros Other services Less than 90 days — 290,838 — — Foreign Enel Global Trading S.p.A. IT Italy Common Immediate Parent Euros Other services Less than 90 days 44,675 8,511 — — Foreign Enel Global Trading S.p.A. IT Italy Common Immediate Parent Euros Gas sales Less than 90 days 18,565,698 21,484,590 — — Foreign Enel Global Trading S.p.A. IT Italy Common Immediate Parent Euros Commodity derivatives Less than 90 days 3,671,446 20,751,714 — — 76.126.507-5 Parque Eolico Talinay Oriente SA Chile Common Immediate Parent CH$ Energy sales Less than 90 days — 16,994 — — 76.126.507-5 Parque Eolico Talinay Oriente SA Chile Common Immediate Parent CH$ Tolls Less than 90 days — 134 — — 76.126.507-5 Parque Eolico Talinay Oriente SA Chile Common Immediate Parent CH$ Other services Less than 90 days — 49,677 — — 76.321.458-3 Sociedad Almeyda Solar SpA Chile Common Immediate Parent CH$ Energy sales Less than 90 days — 50,594 — — 76.321.458-3 Sociedad Almeyda Solar SpA Chile Common Immediate Parent CH$ Tolls Less than 90 days — 35,572 — — 76.321.458-3 Sociedad Almeyda Solar SpA Chile Common Immediate Parent CH$ Other services Less than 90 days — 19,877 — — 76.179.024-2 Parque Eolico Tal Tal S.A. Chile Common Immediate Parent CH$ Energy sales Less than 90 days — 41,487 — — 76.179.024-2 Parque Eolico Tal Tal S.A. Chile Common Immediate Parent CH$ Tolls Less than 90 days — 425 — — 76.179.024-2 Parque Eolico Tal Tal S.A. Chile Common Immediate Parent CH$ Other services Less than 90 days — 54,638 — — Foreign Enel S.p.A. Italy Parent CH$ Other services Less than 90 days — 157,701 — — Foreign Enel S.p.A. Italy Parent Euros Other services Less than 90 days 415,200 215,289 — — 76.052.206-6 Parque Eolico Valle de los Vientos S.A. Chile Common Immediate Parent CH$ Energy sales Less than 90 days — 75,956 — — 76.052.206-6 Parque Eolico Valle de los Vientos S.A. Chile Common Immediate Parent CH$ Other services Less than 90 days — 49,677 — — 76.412.562-2 Enel Green Power del Sur SPA Chile Common Immediate Parent CH$ Energy sales Less than 90 days — 28,835 — — 76.412.562-2 Enel Green Power del Sur SPA Chile Common Immediate Parent CH$ Tolls Less than 90 days — 3,443 — — 76.412.562-2 Enel Green Power del Sur SPA Chile Common Immediate Parent CH$ Other services Less than 90 days — 310,179 — — 96.920.110-0 Enel Green Power Chile Ltda. Chile Common Immediate Parent CH$ Other services Less than 90 days — 162,594 — — Foreign Enel Brasil S.A. Brasil Common Immediate Parent CH$ Other services Less than 90 days 281,002 47,998 — — Foreign Enel Brasil S.A. Brasil Common Immediate Parent Euros Other services Less than 90 days 116,436 — — Foreign Enel Brasil S.A. Brasil Common Immediate Parent US$ Other services Less than 90 days 173,300 2,068,594 — — Foreign PH Chucas Costa Rica Costa Rica Common Immediate Parent CH$ Other services Less than 90 days — 432,233 — — Foreign Emgesa S.A. E.S.P. Colombia Common Immediate Parent US$ Other services Less than 90 days 703,368 — — — Foreign Emgesa S.A. E.S.P. Colombia Common Immediate Parent $ Col Other services Less than 90 days — 13,746 — — Foreign Codensa S.A. Colombia Common Immediate Parent CH$ Other services Less than 90 days — 791,622 — — Foreign Codensa S.A. Colombia Common Immediate Parent Euros Other services Less than 90 days — 29,221 — — Foreign Codensa S.A. Colombia Common Immediate Parent US$ Other services Less than 90 days 427,882 — — — Foreign Enel Generación Perú S.A. Perú Common Immediate Parent CH$ Other services Less than 90 days — 15,192 — — Foreign Enel Generación Perú S.A. Perú Common Immediate Parent US$ Other services Less than 90 days 973,873 758,841 — — 94.271.000-3 Enel Américas S.A. Chile Common Immediate Parent US$ Other services Less than 90 days 107,071 — — — 94.271.000-3 Enel Américas S.A. Chile Common Immediate Parent CH$ Other services Less than 90 days 4,197,951 1,487,709 — — 94.271.000-3 Enel Américas S.A. Chile Common Immediate Parent CH$ Other services Less than 90 days — 54,949 — — Foreign Enel Green Power Colombia SAS Colombia Common Immediate Parent US$ Other services Less than 90 days 419,032 46,557 — — Foreign Enel Generación Piura S.A. Perú Common Immediate Parent US$ Other services Less than 90 days 89,545 165,875 — — Foreign Chinango S.A.C. Perú Common Immediate Parent CH$ Other services Less than 90 days — 17,410 — — Foreign Enel Green Power Italia Italy Common Immediate Parent CH$ Other services Less than 90 days — 262,694 — — Foreign Enel Green Power Spa IT Italy Common Immediate Parent Euros Other services Less than 90 days 2,405,958 — — — 96.971.330-6 Geotérmica del Norte Chile Common Immediate Parent US$ Other services Less than 90 days — 82,830 — — 96.971.330-6 Geotérmica del Norte Chile Common Immediate Parent CH$ Energy sales Less than 90 days — 10,096 — — Foreign Enel Distribución Perú S.A. Perú Common Immediate Parent CH$ Other services Less than 90 days 354,283 354,283 — — Foreign Enel Green Power Mexico México Common Immediate Parent US$ Other services Less than 90 days 98,519 152,495 — — Foreign Enel Green Power Perú Perú Common Immediate Parent US$ Other services Less than 90 days 1,959,124 177,478 — — Foreign Enel Green Power Brasil Brasil Common Immediate Parent US$ Other services Less than 90 days — 37,936 — — Foreign Energía Nueva Energía Limpia Mexico S.R.L México Common Immediate Parent US$ Other services Less than 90 days 52,241 — — — Foreign Proyectos y Soluciones Renovables S.A.C. Perú Common Immediate Parent US$ Other services Less than 90 days 29,054 — — — Foreign Enel Generacion Costanera S.A. Argentina Common Immediate Parent US$ Other services Less than 90 days 32,264 — — — Foreign Enel Generacion El Chocon S.A. Perú Common Immediate Parent US$ Other services Less than 90 days 13,367 — — — Foreign Enel Green Power Brasil Participacoes LTDA. Brasil Common Immediate Parent US$ Other services Less than 90 days 52,215 9,188 — — Foreign Enel Green Power Brasil Participacoes LTDA. Brasil Common Immediate Parent Real Other services Less than 90 days 23,329 — — — Foreign Enel Finance International NV (*) Holanda Common Immediate Parent US$ Loan Less than 90 days 1,008,208 — — — Foreign Enel Power Argentina Argentina Common Immediate Parent US$ Other services Less than 90 days 276,607 — — — Foreign Energetica Monzon S.A.C. Perú Common Immediate Parent US$ Other services Less than 90 days 601,512 — — — Foreign Enel Green Power RSA (PTY) LTD South Africa Common Immediate Parent US$ Other services Less than 90 days 466,281 — — — Foreign Enel Green Power North America Inc United States Common Immediate Parent US$ Other services Less than 90 days 57,761 — — — Foreign Empresa Distribuidora Sur S.A. Argentina Common Immediate Parent CH$ Other services Less than 90 days 23,077 796,750 — — Foreign Empresa Distribuidora Sur S.A. Argentina Common Immediate Parent US$ Other services Less than 90 days 464,846 — — — 76.201.136-0 Energía y Servicios South America Spa Chile Common Immediate Parent CH$ Mercantile Current Account Less than 90 days 166,870 — — — 76.201.136-0 Energía y Servicios South America Spa Chile Common Immediate Parent CH$ Other services Less than 90 days 142,847 — — — Foreign Enel X SLR Italy Common Immediate Parent CH$ Other services Less than 90 days 14,233 — — — Foreign ENEL MAP Italy Common Immediate Parent CH$ Other services Less than 90 days 10,365 — — — 76.091.585-5 Aysén Energìa Chile Common Immediate Parent CH$ Other services Less than 90 days 14,286 — — — 76.041.891-9 Aysén Transmisiòn Chile Common Immediate Parent CH$ Other services Less than 90 days 14,285 — — — Total 54,171,060 71,856,046 — — b) Accounts payable to related parties Current Non-current Taxpayer ID 12-31-2018 12-31-2017 12-31-2018 12-31-2017 Number Company Country Relationship Currency Description of transaction Terms of transaction ThCh$ ThCh$ ThCh$ ThCh$ Foreign Endesa España Spain Common Immediate Parent Euros Other services Less than 90 days 159,940 277,868 — — Foreign Enel Brasil S.A. Brasil Common Immediate Parent US$ Other services Less than 90 days 74,949 77,680 — — Foreign Enel Trading Argentina S.R.L. Argentina Common Immediate Parent US$ Other services Less than 90 days 77,624 — — — Foreign Enel Trading Argentina S.R.L. Argentina Common Immediate Parent AR$ Other services Less than 90 days — 74,740 — — Foreign Emgesa S.A. E.S.P. Colombia Common Immediate Parent Col$ Other services Less than 90 days 4,723 4,551 — — 94.271.000-3 Enel Américas S.A. Chile Common Immediate Parent CH$ Other services Less than 90 days 1,461,815 4,650 — — 94.271.000-3 Enel Américas S.A. Chile Common Immediate Parent US$ Other services Less than 90 days 1,987 912,731 — — Foreign Enel Distribución Perú S.A. Perú Common Immediate Parent US$ Other services Less than 90 days 2,291 — — — Foreign Enel Distribución Perú S.A. Perú Common Immediate Parent CH$ Other services Less than 90 days — 2,110 — — 96.524.140-K Empresa Electrica Panguipulli S.A. Chile Common Immediate Parent CH$ Energy purchase Less than 90 days — 3,175,956 — — 96.524.140-K Empresa Electrica Panguipulli S.A. Chile Common Immediate Parent CH$ Tolls Less than 90 days — 71,648 — — 76.418.940-K GNL Chile S.A. Chile Associate US$ Gas Purchase Less than 90 days 5,935,652 8,100,426 — — 76.418.940-k GNL Chile S.A. Chile Associate CH$ Other services Less than 90 days 12,389 — — — Foreign Endesa Generación Spain Common Immediate Parent CH$ Other services Less than 90 days — 22,257 — — Foreign Endesa Generación Spain Common Immediate Parent Euros Other services Less than 90 days 702,702 214,667 — — Foreign Enel Iberoamérica S.R.L Spain Parent Euros Other services Less than 90 days — 749,834 — — Foreign Enel Iberoamérica S.R.L Spain Parent CH$ Other services Less than 90 days — 35 — — Foreign Enel Iberia SRL Italy Common Immediate Parent CH$ Other services Less than 90 days 35 — — — Foreign Enel Iberia SRL Italy Common Immediate Parent Euros Other services Less than 90 days 820,642 — — — Foreign E-Distribuzione Spa Italy Common Immediate Parent Euros Other services Less than 90 days 336,814 3,187,971 — — Foreign Enel Produzione Italy Common Immediate Parent Euros Other services Less than 90 days 7,482,038 10,501,963 — 318,518 Foreign Enel Energía Italy Common Immediate Parent Euros Other services Less than 90 days 452,289 348,370 — — 76.321.458-3 Sociedad Almeyda Solar Spa Chile Common Immediate Parent CH$ Energy purchase Less than 90 days — 371,339 — — 76.321.458-3 Sociedad Almeyda Solar Spa Chile Common Immediate Parent CH$ Tolls Less than 90 days — 64,484 — — 77.017.930-0 Transmisora Eléctrica de Quillota Ltda. Chile Joint venture CH$ Tolls Less than 90 days 13,887 72,965 — — 77.017.930-0 Transmisora Eléctrica de Quillota Ltda. Chile Joint venture CH$ Energy purchase Less than 90 days — 70,984 — — 76.126.507-5 Parque Eolico Talinay Oriente SA Chile Common Immediate Parent CH$ Energy purchase Less than 90 days — 65,829 — — 76.126.507-5 Parque Eolico Talinay Oriente SA Chile Common Immediate Parent CH$ Tolls Less than 90 days — 258 — — Foreign Enel Green Power España SL Spain Common Immediate Parent Euros Other services Less than 90 days 217,859 — — — Foreign Enel Global Trading S.p.A. IT Italy Common Immediate Parent Euros Other services Less than 90 days 2,258,059 924,051 — — Foreign Enel Global Trading S.p.A. IT Italy Common Immediate Parent Euros Commodity derivatives Less than 90 days 9,849,260 4,184,469 — — 76.179.024-2 Parque Eolico Tal Tal S.A. Chile Common Immediate Parent CH$ Energy purchase Less than 90 days — 2,105,042 — — 76.179.024-2 Parque Eolico Tal Tal S.A. Chile Common Immediate Parent CH$ Tolls Less than 90 days — 484 — — 76.412.562-2 Enel Green Power del Sur SPA Chile Common Immediate Parent CH$ Energy purchase Less than 90 days — 10,323,531 — — 76.412.562-2 Enel Green Power del Sur SPA Chile Common Immediate Parent CH$ Tolls Less than 90 days — 853 — — 96.920.110-0 Enel Green Power Chile Ltda. Chile Common Immediate Parent CH$ Other services Less than 90 days — 90,134 — — Foreign Enel S.p.A. Italy Parent Euros Other services Less than 90 days — 77,415 — — Foreign Enel S.p.A. Italy Parent CH$ Dividens Less than 90 days 67,197,814 63,543,371 — — Foreign Enel S.p.A. Italy Parent Euros Other services Less than 90 days 5,866,256 1,583,058 — — 76.052.206-6 Parque Eolico Valle de los Vientos S.A. Chile Common Immediate Parent CH$ Energy purchase Less than 90 days — 1,261,153 — — Foreign Enel Italia SrL. Italy Common Immediate Parent CH$ Other services Less than 90 days — 4,591,580 — — Foreign Enel Italia SrL. Italy Common Immediate Parent Euros Other services Less than 90 days 12,186,715 2,089,122 — — Foreign Codensa S.A. Colombia Common Immediate Parent US$ Other services Less than 90 days — 7,936 — — Foreign Codensa S.A. Colombia Common Immediate Parent US$ Other services Less than 90 days 13,579 — — — Foreign Enel Global Thermal Generation S.r.l. Italy Common Immediate Parent Euros Other services Less than 90 days 2,199,811 — — — Foreign ENEL MAP Italy Common Immediate Parent Euros Other services Less than 90 days 1,235,525 — — — Foreign Enel Green Power Spa IT Italy Common Immediate Parent Euros Other services Less than 90 days 30,353,425 — — — Foreign Enel Green Power North America Inc United States Common Immediate Parent US$ Other services Less than 90 days 149,591 — — — Foreign Enel Finance International NV Holland Common Immediate Parent US$ Loan Less than 90 days 123,979 — 447,193,802 — Foreign Enel Green Power Italia Italy Common Immediate Parent CH$ Other services Less than 90 days — 457,457 — — 76.201.136-0 Energía y Servicios South America Spa Chile Common Immediate Parent CH$ Other services Less than 90 days 370,028 — — — Foreign Enel X SLR Italy Common Immediate Parent Euros Other services Less than 90 days 40,656 — — — Foreign Cesi S.p.A. Italy Common Immediate Parent Euros Other services Less than 90 days 458,228 — — — Foreign Tecnatom SA Italy Common Immediate Parent Euros Other services Less than 90 days 102,962 — — — Foreign Enel Green Power Spa GLO Italy Common Immediate Parent Euros Other services Less than 90 days 7,772,801 — — Total 157,936,325 119,612,972 447,193,802 318,518 (*)See section d) below. |
Summary of Significant Transactions and Effect on Income or Expenses | For the years ended December 31, 2018 2017 2016 Taxpayer ID Number Company Country Relationship Description of transaction ThCh$ ThCh$ ThCh$ Foreign Endesa Energía S.A. Spain Common Immediate Parent Gas Sales — 10,394,146 18,655,911 Foreign Endesa Energía S.A. Spain Common Immediate Parent Fuel consumption — — (134,393) Foreign Endesa Generación Spain Common Immediate Parent Other fixed operating expenses — — — Foreign Endesa Generación Spain Common Immediate Parent Fuel consumption — — (54,818,466) Foreign Endesa Generación Spain Common Immediate Parent Other fixed operating expenses (158,128) — — Foreign Enel Perú S.A.C. Perú Common Immediate Parent Other services rendered 8,832 7,405 68,066 Foreign Enel Perú S.A.C. Perú Common Immediate Parent Financial expense — (181) — 94.271.000-3 Enel Américas S.A. Chile Common Immediate Parent Financial expense — (289,800) (1,933,040) 94.271.000-3 Enel Américas S.A. Chile Common Immediate Parent Financial income — 144,404 540,259 94.271.000-3 Enel Américas S.A. Chile Common Immediate Parent Other services rendered 5,071,453 4,737,522 4,822,344 94.271.000-3 Enel Américas S.A. Chile Common Immediate Parent Other variable expenses — — (352) 94.271.000-3 Enel Américas S.A. Chile Common Immediate Parent Other operating income — — 182,091 94.271.000-3 Enel Américas S.A. Chile Common Immediate Parent Other fixed operating expenses — — (1,546,751) Foreign Codensa Colombia Common Immediate Parent Other operating income — — (709) Foreign Codensa Colombia Common Immediate Parent Other services rendered 441,519 399,432 141,664 Foreign Enel Brasil S.A. Brasil Common Immediate Parent Other fixed operating expenses — — (35,949) Foreign Enel Brasil S.A. Brasil Common Immediate Parent Other services rendered — — 2,044,935 Foreign Enel Brasil S.A. Brasil Common Immediate Parent Financial income (55) — — Foreign Enel Brasil S.A. Brasil Common Immediate Parent Other fixed operating expenses (207,967) — — 76.418.940-K GNL Chile S.A. Chile Associate Gas consumption (81,890,342) (146,507,390) (102,686,858) 76.418.940-K GNL Chile S.A. Chile Associate Gas transportation (49,631,647) (47,656,002) (40,494,275) 76.418.940-K GNL Chile S.A. Chile Associate Other services rendered (71,770) 85,274 82,762 76.788.080-4 GNLQuintero S.A Chile Associate Other operating income — — (1,539) 76.788.080-4 GNLQuintero S.A Chile Associate Energy sales — — 1,912,448 76.788.080-4 GNLQuintero S.A Chile Associate Electricity tolls — — 79,203 76.788.080-4 GNLQuintero S.A Chile Associate Other services rendered — — 960,390 96.524.140-K Empresa Eléctrica Panguipulli S.A. Chile Common Immediate Parent Energy purchases (1,954,523) (11,758,824) (8,803,274) 96.524.140-K Empresa Eléctrica Panguipulli S.A. Chile Common Immediate Parent Electricity tolls (8,973) (254,065) (235,950) 96.524.140-K Empresa Eléctrica Panguipulli S.A. Chile Common Immediate Parent Other services rendered 142,757 415,162 281,190 96.524.140-K Empresa Eléctrica Panguipulli S.A. Chile Common Immediate Parent Energy sales 18,201 1,242,092 116,726 Foreign Empresa Distribuidora Sur S.A. Argentina Common Immediate Parent Other services rendered 424,664 409,823 398,957 Foreign Enel Distribución Perú S.A. Perú Common Immediate Parent Other services rendered — 176,867 70,415 Foreign Enel Iberoamérica S.R.L Spain Parent Other services rendered — (6,085) — 96.806.130-5 Electrogas S.A. Chile Associate Gas tolls — (251,099) (2,750,858) 96.806.130-5 Electrogas S.A. Chile Associate Fuel consumption — (25,025) (717,599) Foreign Emgesa S.A. E.S.P. Colombia Common Immediate Parent Otros ingresos de explotación 622,686 1,866 (2,645) Foreign Enel Argentina S.A Argentina Common Immediate Parent Other fixed operating expenses — — (970) Foreign Enel Generación Perú S.A. Perú Common Immediate Parent Other services rendered — — (96,109) Foreign Enel Generación Perú S.A. Perú Common Immediate Parent Other services income 1,139,809 745,818 — Foreign Enel Generación Perú S.A. Perú Common Immediate Parent Financial expense — (349) — Foreign Enel Generación Perú S.A. Perú Common Immediate Parent Other operating income — — (9,253) Foreign Enel Generación Piura S.A. Perú Common Immediate Parent Other services rendered — 98,421 168,961 Foreign Enel Generación Piura S.A. Perú Common Immediate Parent Other fixed operating expenses (57,180) — Foreign Enel Generación Piura S.A. Perú Common Immediate Parent Financial expense (57) (135) 77.017.930-0 Transmisora Eléctrica de Quillota Ltda. Chile Joint venture Electricity tolls (142,469) (1,383,710) (1,291,995) 99.573.910-0 Chilectra Inversud S.A Chile Common Immediate Parent Other operating income — — 637 76.532.379-7 Chilectra Americas S.A Chile Common Immediate Parent Other services rendered — — 289,994 76.536.351-9 Endesa Americas S.A Chile Common Immediate Parent Other services rendered — — 1,260,448 77.017.930-0 Transmisora Eléctrica de Quillota Ltda. Chile Joint venture Energy purchases (100,418) — Foreign PH Chucas Costa Rica Costa Rica Common Immediate Parent Other services rendered — 6,629 425,604 Foreign PH Chucas Costa Rica Costa Rica Common Immediate Parent Other fixed operating expenses (79,327) — — Foreign PH Chucas Costa Rica Costa Rica Common Immediate Parent Financial expense — (162,177) — Foreign Compañía Energetica Veracruz S.A.C. Perú Common Immediate Parent Other services rendered — 283,346 42,890 Foreign Enel Trade S.p.A Italia Common Immediate Parent Financial expense (13) — Foreign Enel Trade S.p.A Italia Common Immediate Parent Otros Aprovisionamientos (1,213,116) — Foreign Enel Trade S.p.A Italia Common Immediate Parent Derivados de commodities 10,565,377 19,941,617 76.321.458-3 Sociedad Almeyda Solar Spa Chile Common Immediate Parent Energy purchases (1,052,840) (4,306,145) (3,674,821) 76.321.458-3 Sociedad Almeyda Solar Spa Chile Common Immediate Parent Electricity tolls 63,155 (212,402) (188,859) 76.321.458-3 Sociedad Almeyda Solar Spa Chile Common Immediate Parent Other services rendered 14,129 40,643 152,419 76.321.458-3 Sociedad Almeyda Solar Spa Chile Common Immediate Parent Energy sales (4,325) 344,090 64,174 76.052.206-6 Parque Eolico Valle de los Vientos S.A. Chile Common Immediate Parent Energy purchases (3,349,525) (16,630,422) (11,992,799) 76.052.206-6 Parque Eolico Valle de los Vientos S.A. Chile Common Immediate Parent Other services rendered 35,317 101,595 — 76.052.206-6 Parque Eolico Valle de los Vientos S.A. Chile Common Immediate Parent Energy sales (63,086) 144,589 558,966 Foreign Enel S.p.A. Italia Parent Other fixed operating expenses (1,082,418) (658,611) (34,700) Foreign Enel S.p.A. Italia Parent financial expense (1,057,535) — — Foreign Enel Italia Servizi Chile Common Immediate Parent Other fixed operating expenses — (2,230,668) (1,547,695) 76.412.562-2 Enel Green Power del Sur SPA Chile Common Immediate Parent Energy purchases (30,205,373) (104,865,684) (34,952,571) 76.412.562-2 Enel Green Power del Sur SPA Chile Common Immediate Parent Energy sales 25,918 528,740 48,322 76.412.562-2 Enel Green Power del Sur SPA Chile Common Immediate Parent Electricity tolls 3,531 3,730 (2,323) 76.412.562-2 Enel Green Power del Sur SPA Chile Common Immediate Parent Other services rendered 220,518 634,361 76.179.024-2 Parque Eolico Tal Tal S.A. Chile Common Immediate Parent Energy purchases (4,448,833) (25,959,608) (22,415,584) 76.179.024-2 Parque Eolico Tal Tal S.A. Chile Common Immediate Parent Electricity tolls (51) 250 — 76.179.024-2 Parque Eolico Tal Tal S.A. Chile Common Immediate Parent Other services rendered 38,846 111,748 — 76.179.024-2 Parque Eolico Tal Tal S.A. Chile Common Immediate Parent Energy sales 18,960 109,643 23,932 96.920.110-0 Enel Green Power Chile Ltda Chile Common Immediate Parent Other services rendered 102,298 162,848 34,855 Foreign Energía Nueva Energía Limpia Mexico S.R.L Mexico Common Immediate Parent Other services rendered 67,919 — — Foreign Enel Produzione Italia Common Immediate Parent Other fixed operating expenses — 94,045 — Foreign Enel Distribuzione Italia Common Immediate Parent Other fixed operating expenses — — (654,622) Foreign Enel Ingeneria e Innovazione Italia Common Immediate Parent Other services rendered — — 30,806 Foreign Enel Ingeneria e Innovazione Italia Common Immediate Parent Other fixed operating expenses — — (328,310) Foreign Enel Global Trading S.p.A Italia Common Immediate Parent Other operating income — — 9,191,693 Foreign Enel Global Trading S.p.A Italia Common Immediate Parent Other variable expenses — — (2,120,323) Foreign E-Distribuzione Spa Italia Common Immediate Parent Other fixed operating expenses (76,905) — — Foreign Enel Trading Argentina S.R.L Argentina Common Immediate Parent Other services rendered — 11,488 — Foreign Enel Green Power Italia Italia Common Immediate Parent Other services rendered — 262,694 — Foreign Enel Green Power Perú Perú Common Immediate Parent Other services rendered 258,120 177,478 — Foreign Enel Green Power Brasil Brasil Common Immediate Parent Other services rendered — 37,936 — Foreign Enel Green Power Brasil Participacoes Ltda. Brasil Common Immediate Parent Other services rendered 23,828 9,188 — Foreign Enel Green Power Mexico Mexico Common Immediate Parent Other services rendered — 152,495 — Foreign Enel Green Power Mexico Mexico Common Immediate Parent Other fixed operating expenses (53,976) — — 96.971.330-6 Geotérmica del Norte Chile Common Immediate Parent Energy purchases (1,929) (456) — 96.971.330-6 Geotérmica del Norte Chile Common Immediate Parent Energy sales 33,607 10,552 — 96.971.330-6 Geotérmica del Norte Chile Common Immediate Parent Other services rendered — 69,605 — Foreign Chinango S.A.C. Perú Common Immediate Parent Other services rendered 39,759 18,516 — Foreign Enel Green Power Colombia SAS Colombia Common Immediate Parent Other services rendered 302,992 46,557 — Foreign Enel Finance International NV Holland Common Immediate Parent Financial income 570,591 — — Foreign Enel Finance International NV Holland Common Immediate Parent Other financial expense (23,253,535) — — Foreign Enel Green Power Argentina Argentina Common Immediate Parent Other services rendered 871 — — Foreign Energetica Monzon S.A.C. Perú Common Immediate Parent Other services rendered 114,660 — — Foreign Enel Green Power España SL Spain Common Immediate Parent Other fixed operating expenses (61,372) — — Foreign Enel Green Power RSA (PTY) Ltd South Africa Common Immediate Parent Other services rendered 875 — — Foreign Enel Green Power NA, Inc. United States Common Immediate Parent Other services rendered 40,519 — — Foreign Enel Map Italia Common Immediate Parent Other fixed operating expenses (343,645) — — 76.126.507-5 Parque Eolico Talinay Oriente SA Chile Common Immediate Parent Energy sales 19,952 128,626 89,710 76.126.507-5 Parque Eolico Talinay Oriente SA Chile Common Immediate Parent Electricity tolls 165 144 — 76.126.507-5 Parque Eolico Talinay Oriente SA Chile Common Immediate Parent Other services rendered 35,317 101,595 — 76.126.507-5 Parque Eolico Talinay Oriente SA Chile Common Immediate Parent Energy purchases (214,455) (539,646) (370,964) Foreign Enel Generacion Costanera S.A. Argentina Common Immediate Parent Other services rendered 28,106 — — Foreign Enel Italia IT Italia Common Immediate Parent Other fixed operating expenses (4,111,525) — — Foreign Enel Global Thermal Generation S.r.l. Italia Common Immediate Parent Other fixed operating expenses (1,845,425) — — 99.577.350-3 Empresa Nacional de Geotermia S.A. Chile Common Immediate Parent Energy sales 1,857 — — Foreign Enel Green Power Spa IT Italia Common Immediate Parent Other services rendered 698,380 — — Foreign Enel Green Power Spa IT Italia Common Immediate Parent Other fixed operating expenses (4,257,363) — — Foreign Enel Green Power Spa IT Italia Common Immediate Parent Financial expense (2) — Foreign Enel Iberia SRL Italia Common Immediate Parent Other fixed operating expenses (29,015) — — Foreign Enel Generacion El Chocon S.A. Argentina Common Immediate Parent Other services rendered 10,176 — — 76.201.136-0 Energía y Servicios South America Spa Chile Common Immediate Parent Other services rendered 82,081 — Total (189,741,373) (321,305,504) (251,103,769) |
Summary of Compensation Paid to Members of the Board of Directors | December 31, 2018 Enel Chile Board Board of subsidiaries Directors' Committee Taxpayer ID No. Name Position Period in position ThCh$ ThCh$ ThCh$ 4.975.992-4 Hermán Chadwick Piñera Chairman January - December 2018 181,789 — — Foreigner Giulio Fazio Director January - December 2018 — — — 4.461.192-9 Fernán Gazmuri Plaza Director January - December 2018 90,894 — 31,018 4.774.797-K Pedro Pablo Cabrera Gaete Director January - December 2018 90,894 — 31,018 5.672.444-3 Juan Gerardo Jofré Miranda Director January - December 2018 90,894 — 31,018 Foreigner Daniel Caprini (1) Director April - December 2018 — — — Foreigner Salvatore Bernabei Director January - December 2018 — — — Total 454,471 — 93,054 (1) On April 25, 2018 Mr. Daniel Caprini took over as Director for Mr. Vicenzo Ranieri December 31, 2017 Enel Chile Board Board of subsidiaries Directors' Committee Taxpayer ID No. Name Position Period in position ThCh$ ThCh$ ThCh$ 4.975.992-4 Hermán Chadwick Piñera Chairman January - December 2016 178,065 — — Foreigner Giulio Fazio Director January - December 2016 — — — 4.461.192-9 Fernán Gazmuri Plaza Director January - December 2016 89,032 — 28,504 4.774.797-K Pedro Pablo Cabrera Gaete Director January - December 2016 89,032 — 28,504 5.672.444-3 Juan Gerardo Jofré Miranda Director January - December 2016 89,032 — 28,504 Foreigner Vicenzo Ranieri Director January - December 2016 — — — Foreigner Salvatore Bernabei Director January - December 2016 — — — Total 445,161 — 85,512 |
Disclosure Of Compensation Of Key Management Personnel Explanatory | Key Management Personnel Taxpayer ID No. Name Position Foreigner Palloti Paolo (1) Chief Executive Officer Foreigner De Jesus Marcelo Antonio (2) Administration, Finance and Control Officer 15.307.846-7 Jose Miranda Montecinos Communications Officer 13.903.626-3 Liliana Schnaidt Hagedorn (3) Human Resources and Organization Officer 6.973.465-0 Domingo Valdés Prieto General Counsel and Secretary to the Board Foreigner Raffael Cutrignelli Internal Audit Officer 11.625.161-2 Pedro Urzúa Frei Institutional Relations Officer 12.494.825-8 Claudia Navarrete Campos (4) Planning and control Officer 13.848.428-9 Alison Dunsmore M. (5) Services Officer 25.566.577-4 Juan Jose Bonilla Andrino Supply Manager 13.686.119-0 Andres Pinto Bonta Security manager 23.819.804-6 Antonella Pellegrini Manager of Sustainability and Community Relations 25.629.782-5 Monica de Martino (5) Regulation Officer 10.761.436-2 Barrios Ramon Angel ICT Officer (1) On September 27, 2018, Mr. Nicola Cotugno resigned as Chief Executive Officer of the Company, but stayed in office until the September 30. On the same date, September 27, 2018, the Board of Directors of Enel Chile appointed Mr. Paolo Pallotti as the new Chief Executive Officer of Enel Chile, effective October 1, 2018. (2) On September 27, 2018, Mr. Raffaele Grandi resigned as Administration, Finance and Control Manager, effective November 1, 2018. On the same date, September 27, 2018, the Board of Directors of Enel Chile appointed Marcelo Antonio de Jesus as the new Administration, Finance and Control Manager, on November 1, 2018. (3) On February 1, 2018, Mrs. Liliana Schnaidt H. was appointed as Human Resources and Organization Manager replacing Mr. Alain Rosolino. (4) On August 1, 2018, Ms. Claudia Navarrete C. was appointed as Planning and Control Manager, replacing Mr. Bruno Stella. (5) On May 1, 2018, Mrs. Alison Dunsmore M. was appointed as Service Manager, replacing Mr. Francisco Silva B. |
Summary of Compensation Received by Key Management Personnel | December 31, 2018 December 31, 2017 ThCh$ ThCh$ Cash compensation 2,959,019 2,959,467 Short-term benefits for employees 497,424 557,122 Other long-term benefits 322,865 183,453 Total 3,779,308 3,700,042 |
Inventories (Tables)
Inventories (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
INVENTORIES. | |
Summary of Classes of Inventories | As of December 31, 2018 2017 Classes of Inventories ThCh$ ThCh$ Supplies for Production 34,384,582 16,879,260 Gas 5,712,978 2,301,172 Oil 2,684,688 2,593,806 Coal 25,986,916 11,984,282 Supplies for projects and spare parts 14,354,027 12,311,718 Electrical materials 8,223,034 10,495,964 Total 56,961,643 39,686,942 |
Current Tax Assets and Liabil_2
Current Tax Assets and Liabilities (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
CURRENT TAX ASSETS AND LIABILITIES | |
Summary of Current Tax Assets and Liabilities | The detail of current tax assets and liabilities as of December 31, 2018 and 2017, is as follows: As of December 31, 2018 2017 Tax Receivables ThCh$ ThCh$ Monthly provisional tax payments 52,950,410 63,942,847 Tax credit for absorbed profits 46,343,265 13,433,962 Tax credit for training expenses 470,142 261,000 Other — 118,239 Total 99,763,817 77,756,048 The details of accounts payable associated with current taxes as of December 31, 2018 and 2017 are as follows: As of December 31, 2018 2017 Tax Payables ThCh$ ThCh$ Income tax 17,677,920 67,027,507 Total 17,677,920 67,027,507 |
Investments Accounted for Usi_2
Investments Accounted for Using the Equity Method (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
INVESTMENTS ACCOUNTED FOR USING THE EQUITY METHOD. | |
Summary of Changes in Investments in Associates and Joint Ventures Accounted For Using the Equity Method | a. The following tables present the changes in investments in associates and joint ventures accounted for using the equity method as of December 31, 2018 and 2017: Share of Foreign Other Other Balance as Balance as of Profit Dividends Currency Comprehensive Increase of Taxpayer ID Ownership 1-1-2018 Additions (Loss) Declared Translation Income (Decrease) 12-31-2018 Number Associates and Joint Ventures Country Currency Interest ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ 76.418.940-K GNL Chile S.A. Chile U.S. dollar 3,783,316 — 805,972 (1,884,140) 347,835 — — 3,052,983 76.652.400-1 Centrales Hidroeléctricas De Aysén S.A. (*) Chile Chilean peso — 4,205,233 — 1,734,508 — — — (5,939,741) — 77.017.930-0 Transmisora Eléctrica de Quillota Ltda. Chile Chilean peso 8,818,759 — 654,952 — — — — 9,473,711 Foreign Enel Argentina S.A. Argentina Argentine peso 105,146 — 86,021 — (108,069) — 217,100 300,198 76.364.085-K Energía Marina SpA Chile Chilean peso — (91,213) 137,852 46,639 TOTAL 16,912,454 — 3,190,240 (1,884,140) 239,766 — (5,584,789) 12,873,531 Share of Foreign Other Other Balance as Balance as of Profit Dividends Currency Comprehensive Increase of Taxpayer ID Ownership 1-1-2017 Additions (Loss) Declared Translation Income (Decrease) 12-31-2017 Number Associates and Joint Ventures Country Currency Interest ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ 76.418.940-K GNL Chile S.A. Chile U.S. dollar 3,982,934 — 841,957 (743,734) (297,841) — — 3,783,316 76.652.400-1 Centrales Hidroeléctricas De Aysén S.A. (*) Chile Chilean peso 6,441,166 1,943,100 (4,179,033) — — — — 4,205,233 77.017.930-0 Transmisora Eléctrica de Quillota Ltda. Chile Chilean peso 8,222,763 — 595,996 — — — — 8,818,759 Foreign Enel Argentina S.A. Argentina Argentine peso 91,335 — 44,176 — (29,198) (1,490) 323 105,146 TOTAL 18,738,198 1,943,100 (2,696,904) (743,734) (327,039) (1,490) 323 16,912,454 (*) |
Individual balance sheet considered for the liquidation process | CENTRALES HIDROELECTRICAS DE AYSEN S.A. Liquidation Balance Recognized by Enel Generación (51%) 09-07-18 09-07-18 ASSETS ThCh$ ThCh$ CURRENT ASSETS Cash and cash equivalents Current accounts receivable from related parties TOTAL CURRENT ASSETS NON-CURRENT ASSETS Property, plant and equipment TOTAL NON-CURRENT ASSETS TOTAL ASSETS 09-07-18 09-07-18 CURRENT LIABILITIES ThCh$ ThCh$ Other current provisions TOTAL CURRENT LIABILITIES EQUITY Issued capital Retained earnings TOTAL EQUITY TOTAL LIABILITIES AND EQUITY |
Summary of Financial Information from Financial Statements of Main Joint Ventures | The following tables present information from the financial statements as of December 31, 2018 and 2017, on the main joint ventures: Centrales Hidroeléctricas Transmisora Eléctrica de Aysén S.A. (*) de Quillota Ltda. (—)% 51.0% 50.0% 50.0% 12-31-2018 12-31-2017 12-31-2018 12-31-2017 Financial statement items ThCh$ ThCh$ ThCh$ ThCh$ Total current assets — 355,835 9,360,553 7,793,702 Total non-current assets — 8,030,172 11,530,788 12,036,201 Total current liabilities — 139,182 235,264 440,426 Total non-current liabilities — — 1,708,660 1,751,963 Cash and cash equivalents — 355,446 8,185,391 7,310,296 Revenues — — 3,003,757 2,813,493 Other fixed operating expenses (125,182) (8,144,855) (758,607) (525,471) Depreciation and amortization expense — — (784,364) (782,322) Other Income 3,526,179 — — — Interest income — 24,829 187,601 — Income tax expense — — (349,848) (313,709) Profit (loss) 3,400,997 (8,193,671) 1,309,903 1,191,991 Other comprehensive income — — — — Comprehensive income 3,400,997 (8,193,671) 1,309,903 1,191,991 |
Summary of Financial Information from Financial Statements of Investments in Associates | As of December 31, 2018 % Ownership Current Assets Non-current Assets Current Liabilities Non-current Liabilities Revenues Expenses Profit (Loss) Other Comprehensive Investments with Significant Influence Indirect ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ GNL Chile S.A 75,571,058 267,884 66,679,077 — 707,597,382 (705,179,062) 2,418,157 1,043,609 3,461,766 As of December 31, 2017 % Ownership Current Assets Non-current Current Liabilities Non-current Revenues Expenses Profit (Loss) Other Comprehensive Investments with Significant Influence Indirect ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ GNL Chile S.A 71,254,956 148,950 60,052,823 — 687,399,254 (684,873,130) 2,526,124 (24,472) 2,501,652 |
Intangible Assets Other than _2
Intangible Assets Other than Goodwill (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
INTANGIBLE ASSETS OTHER THAN GOODWILL. | |
Summary of Intangible Assets | As of December 31, 2018 2017 Intangible Assets, Net ThCh$ ThCh$ Intangible Assets, Net 115,372,393 55,170,904 Easements and water rights 17,736,954 12,608,950 Concessions 25,953,878 — Patents, Registered Trademarks and Other Rights 7,394 — Computer software 60,067,635 38,254,793 Other identifiable intangible assets 11,606,532 4,307,161 2018 2017 Intangible Assets, Gross ThCh$ ThCh$ Intangible Assets, Gross 206,047,864 118,593,240 Easements and water rights 22,011,401 14,598,701 Concessions 32,055,825 — Patents, Registered Trademarks and Other Rights 12,484 — Computer software 133,931,876 93,260,355 Other identifiable intangible assets 18,036,278 10,734,184 2018 2017 Intangible Assets, Amortization and Impairment ThCh$ ThCh$ Accumulated Amortization and Impairment, Total (90,675,471) (63,422,336) Easements and water rights (4,274,447) (1,989,751) Concessions (6,101,947) — Patents, Registered Trademarks and Other Rights (5,090) — Computer software (73,864,241) (55,005,562) Other identifiable intangible assets (6,429,746) (6,427,023) |
Summary of Reconciliations of the Carrying Amounts of Intangible Assets | Easements Concessions Patents, Registered Trademarks and Other Rights Computer Other Identifiable Intangible Assets Intangibles Assets, Changes in Intangible Assets ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Opening balance January 1, 2018 12,608,950 — — 38,254,793 4,307,161 55,170,904 Changes in identifiable intangible assets Increases (decreases) other than from business combinations 2,721 — 12,484 25,759,609 — 25,774,814 Acquisitions made through business combination — 30,077,961 — 2,113,933 9,594,267 41,786,161 Increase (decrease) from exchange differences, net 769,421 2,033,761 — 4,111,021 — 6,914,203 Amortization (1) (347,397) (4,109,453) (5,090) (7,750,745) (2,723) (12,215,408) Increases (decreases) from transfers and other changes 5,213,240 2,048,391 — (866,790) (2,298,059) — Increases (decreases) from transfers 5,213,240 2,048,391 — (866,790) (2,298,059) — Disposals and removal from service (509,981) — — — — (509,981) Removals from service (509,981) — — — — (509,981) Decreases to be classified as held for sale — — — — — — Argentina Hyperinflation Effect — — — — Increase (decrease) — — — (1,554,366) 5,886 (1,548,480) Total changes in identifiable intangible assets 5,128,004 25,953,878 7,394 21,812,842 7,299,371 60,201,489 Closing balance December 31, 2018 17,736,954 25,953,878 7,394 60,067,635 11,606,532 115,372,393 Easements Concessions Patents, Registered Trademarks and Other Rights Computer Other Identifiable Intangible Assets Intangibles Assets, Changes in Intangible Assets ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Opening balance January 1, 2017 12,564,076 — — 27,591,694 4,314,980 44,470,750 Changes in identifiable intangible assets Increases (decreases) other than from business combinations 295,588 — — 17,466,436 — 17,762,024 Increase (decrease) from exchange differences, net — — — — (115) (115) Amortization (1) — — — (6,803,337) (7,704) (6,811,041) Increases (decreases) from transfers and other changes (250,714) — — — — (250,714) Increases (decreases) from transfers (250,714) — — — — (250,714) Total changes in identifiable intangible assets 44,874 — — 10,663,099 (7,819) 10,700,154 Closing balance December 31, 2017 12,608,950 — — 38,254,793 4,307,161 55,170,904 (1) See Note 31. |
Goodwill (Tables)
Goodwill (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
GOODWILL. | |
Summary of Goodwill by the Cash-Generating Unit or Group of Cash-Generating Units | Opening Balance Increase/ Closing Balance Increase/ Foreign currency exchange difference Closing Balance 12-31-2018 Company Cash Generating Unit ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Empresa Eléctrica de Colina Ltda. Empresa Eléctrica de Colina Ltda. 2,240,478 — 2,240,478 — — 2,240,478 Enel Distribución Chile S.A. Enel Distribución Chile 128,374,362 — 128,374,362 — — 128,374,362 Enel Generación Chile S.A. Enel Generación Chile 731,782,459 — 731,782,459 — — 731,782,459 GasAtacama Chile Enel Generación Chile 24,860,356 — 24,860,356 — — 24,860,356 Enel Chile S.A. Empresa Eléctrica Panguipulli S.A — — — 17,543,347 2,603,476 20,146,823 Enel Green power Chile Ltda. Geotérmica del Norte — — — 65,871 9,775 75,646 Enel Green power Chile Ltda. Parque Eólico Talinay Oriente — — — 6,587,064 977,537 7,564,601 Total 887,257,655 — 887,257,655 24,196,282 3,590,788 915,044,725 |
Property, Plant and Equipment (
Property, Plant and Equipment (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
PROPERTY, PLANT AND EQUIPMENT | |
Summary of Property Plant and Equipment | The following table shows property, plant and equipment as of December 31, 2018 and 2017: As of December 31, 2018 2017 Classes of Property, Plant and Equipment, Net ThCh$ ThCh$ Property, Plant and Equipment, Net 5,308,647,633 3,585,687,137 Construction in progress 862,274,093 666,590,543 Land 74,753,283 67,485,380 Buildings 384,027,047 12,793,641 Generation Plant and equipment 3,143,869,929 2,080,903,064 Network infrastructure 764,095,247 683,120,815 Fixtures and fittings 61,973,362 56,284,762 Other property, plant and equipment under financial lease 17,654,672 18,508,932 2018 2017 Classes of Property, Plant and Equipment, Gross ThCh$ ThCh$ Property, Plant and Equipment, Gross 8,747,182,818 6,726,796,186 Construction in progress 862,274,093 666,590,543 Land 74,753,283 67,485,380 Buildings 470,833,768 28,382,234 Generation Plant and equipment 5,824,130,347 4,636,175,749 Network infrastructure 1,318,208,218 1,151,951,280 Fixtures and fittings 168,223,078 147,450,968 Other property, plant and equipment under financial lease 28,760,031 28,760,032 Classes of Accumulated Depreciation and Impairment in Property, Plant and Equipment 2018 2017 ThCh$ ThCh$ Total Accumulated Depreciation and Impairment in Property, Plant and Equipment (3,438,535,185) (3,141,109,049) Buildings (86,806,721) (15,588,593) Generation Plant and equipment (2,680,260,418) (2,555,272,685) Network infrastructure (554,112,971) (468,830,465) Fixtures and fittings (106,249,716) (91,166,206) Other property, plant and equipment under financial lease (11,105,359) (10,251,100) |
Summary of Changes in Property Plant and Equipment | The detail and changes in property, plant, and equipment at December 31, 2018 and 2017, are as follows: Construction Land Buildings Generation Network Fixtures and Other Property, Property, Plant and Changes in 2018 ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Opening balance January 1, 2018 666,590,543 67,485,380 12,793,641 2,080,903,064 683,120,815 56,284,762 18,508,932 3,585,687,137 Changes: Increases other than from business combinations 321,183,398 5,893,739 1,000,411 1,638,436 2,455 1,079,102 — 330,797,541 Acquisitions through business combinations 44,088,988 623,052 329,152,208 941,871,560 47,727,579 2,018,760 368,008 1,365,850,155 Increases (decreases) from exchange differences, net 14,849,366 50,004 46,040,633 128,411,179 6,928,376 1,320,949 22,471 197,622,978 Depreciation (1) — — (13,795,237) (149,266,709) (32,011,964) (7,040,907) (857,075) (202,971,892) Increases (decreases) from transfers and other changes (193,895,804) — 12,450,092 146,447,942 32,105,004 2,914,698 (21,932) — Increases (decreases) for transfers (193,895,804) — 12,450,092 146,447,942 32,105,004 2,914,698 (21,932) — Disposals and removals from service — (5,411) — (90,513) (1,132,103) (1) — (1,228,028) Disposals — — — (90,513) (436,956) — — (527,469) Removals from service — (5,411) — — (695,147) (1) — (700,559) Other increases (decreases) 9,457,602 706,519 (3,614,701) (7,957,859) 27,355,085 5,395,999 (365,732) 30,976,913 Argentina Hyperinflationary Effect — — — 1,912,829 — — — 1,912,829 Total changes 195,683,550 7,267,903 371,233,406 1,062,966,865 80,974,432 5,688,600 (854,260) 1,722,960,496 Closing balance December 31, 2018 862,274,093 74,753,283 384,027,047 3,143,869,929 764,095,247 61,973,362 17,654,672 5,308,647,633 Construction progress Land Buildings Generation Network Fixtures and Other Property, Property, Plant and Changes in 2017 ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Opening balance January 1, 2017 688,387,124 66,868,119 13,020,474 2,033,720,809 613,443,219 41,325,699 19,363,190 3,476,128,634 Changes: Increases other than from business combinations 281,007,995 — — — — 2,811,255 — 283,819,250 Increases (decreases) from exchange differences, net (101,444) (25,624) (44,699) (336,622) — (83,651) — (592,040) Depreciation (1) — — (717,851) (107,292,353) (32,061,242) (4,947,361) (854,258) (145,873,065) Increases (decreases) from transfers and other changes (273,509,759) 776,933 439,284 155,711,630 99,419,024 17,162,888 — — Increases (decreases) from transfers from constructions in progress (273,509,759) 776,933 439,284 155,711,630 99,419,024 17,162,888 — — Disposals and removals from service (30,255,180) (31,447) (154,623) (1,704,924) (1,023,777) (22,280) — (33,192,231) Disposals (5,099,800) (31,447) — (435,327) (18,555) — — (5,585,129) Removals from service (25,155,380) — (154,623) (1,269,597) (1,005,222) (22,280) — (27,607,102) Other increases (decreases) 1,061,807 (102,601) 251,056 804,524 3,343,591 38,212 — 5,396,589 Total changes (21,796,581) 617,261 (226,833) 47,182,255 69,677,596 14,959,063 (854,258) 109,558,503 Closing balance December 31, 2017 666,590,543 67,485,380 12,793,641 2,080,903,064 683,120,815 56,284,762 18,508,932 3,585,687,137 (1) See Note 31. |
Schedule of Future Lease Payments Finance Leases | As of December 31, 2018 2017 Gross Interest Present Value Gross Interest Present Value ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Less than one year 2,779,080 612,806 2,166,274 2,459,000 659,212 1,799,788 From one to five years 13,284,596 974,420 12,310,176 9,836,000 1,244,808 8,591,192 More than five years — — — 4,377,544 159,610 4,217,934 Total 16,063,676 1,587,227 14,476,450 16,672,544 2,063,630 14,608,914 |
Schedule of Total Future Lease Payments | As of December 31, 2018 and 2017, the total future lease payments under those contracts are as follows: As of December 31, 2018 2017 ThCh$ ThCh$ Less than one year 3,234,700 1,975,728 From one to five years 10,943,060 6,954,425 More than five years 33,237,374 1,345,183 Total 47,415,134 10,275,337 |
Investment Property (Tables)
Investment Property (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
INVESTMENT PROPERTY. | |
Summary of Changes in Investment Property | Investment Gross Accumulated Investment Investment Properties ThCh$ ThCh$ ThCh$ Balance at January 1, 2017 8,938,662 (810,140) 8,128,522 Depreciation expense — (22,465) (22,465) Other increases (decreases) 250,715 — 250,715 Balance at December 31, 2017 9,189,377 (832,605) 8,356,772 Depreciation expense — (19,591) (19,591) Impairment (*) — (779,825) (779,825) Balance at December 31, 2018 9,189,377 (1,632,021) 7,557,356 (*) See Note 31. |
Schedule of fair value hierarchy of investment properties | Fair value measured at the end of the reporting period using: Level 1 Level 2 Level 3 ThCh$ ThCh$ ThCh$ Investment properties — — 8,228,673 See Note 3.h. |
Summary of Income and Expenses from Investment Properties | For the years ended December 31, 2018 2017 2016 Income and expense from investment properties ThCh$ ThCh$ ThCh$ Rental income from investment properties 204,166 192,719 167,429 Direct operating expense from investment properties generating rental income (56,327) (78,367) (71,339) Total 147,839 114,352 96,090 |
Income Tax and Deferred Taxes (
Income Tax and Deferred Taxes (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
INCOME TAX AND DEFERRED TAXES | |
Components of Income Tax Expense Benefit | The following table presents the components of the income tax expense / (benefit) for the years ended December 31, 2018, 2017 and 2016: For the years ended December 31, 2018 2017 2016 Current Income Tax and Adjustments to Current Income Tax for Previous Periods ThCh$ ThCh$ ThCh$ Current income tax (47,354,780) (162,820,181) (162,033,295) Adjustments to current tax from the previous period (6,304,285) (1,127,646) (710,740) Other current tax benefit / (expense) (61,507,252) 15,934,106 21,380,071 Current tax expense, net (115,166,317) (148,013,721) (141,363,964) Benefit / (expense) from deferred taxes for origination and reversal of temporary differences (43,134,500) 4,671,420 29,960,782 Adjustments to deferred taxes from the previous period 4,818,298 — — Total deferred tax benefit / (expense) (38,316,202) 4,671,420 29,960,782 Income tax expense (153,482,519) (143,342,301) (111,403,182) |
Summary of Reconciliation of Tax Expense | The following table reconciles income taxes resulting from applying the local current tax rate to “Net income before taxes” and the actual income tax expense recorded in the accompany Consolidated Statement of Comprehensive Income for the years ended December 31, 2018, 2017 and 2016: 12-31-2018 12-31-2017 12-31-2016 Reconciliation of Tax Expense Rate ThCh$ Rate ThCh$ Rate ThCh$ ACCOUNTING INCOME BEFORE TAX 566,330,276 666,760,212 676,674,298 Total tax income (expense) using statutory rate (152,909,175) (170,023,854) (162,401,830) Tax effect of rates applied in other countries — — 328,968 Tax effect of non-taxable operations 1,746,052 37,774,743 44,163,296 Tax effect of non-tax-deductible expenses (12,786,965) (20,737,858) (14,392,926) Tax effect of adjustments to taxes in previous periods (6,304,285) (1,127,646) (710,740) Adjustments for prior periods deferred taxes 4,818,298 — — — — Price level restatement for tax purposes (investments and equity) 11,953,556 10,443,346 21,939,018 Total adjustments to tax expense using statutory rate (0.10)% (573,344) 26,681,553 50,998,648 Income tax benefit (expense) (153,482,519) (143,342,301) (111,403,182) |
Summary of Origination and Changes in Deferred Tax Assets and Liabilities | The origination and changes in deferred tax assets and liabilities as of December 31, 2018 and 2017, are as follows: December 31, 2018 December 31, 2017 Assets Liabilities Assets Liabilities Deferred Tax Assets (Liabilities) ThCh$ ThCh$ ThCh$ ThCh$ Accumulated depreciation 9,636,857 (359,613,258) 162,315 (263,847,598) Post-employment benefit obligations 6,131,110 (421,462) 6,336,920 (364,925) Tax loss carryforwards 36,921,157 — 9,536,102 — Provisions 55,080,385 — 39,890,472 — Dismantling Provision 23,627,264 — 17,411,395 — Provision for Civil Contingencies 4,108,710 — 3,762,772 — Provision Contingencies Workers 430,900 — 5,989 — Provision for doubtful trade accounts 13,253,612 — 11,976,401 — Provision of Human Resources accounts 7,432,939 — 6,497,206 — Other Provisions 6,226,960 — 236,709 — Other Deferred Taxes 14,277,897 (20,921,510) 49,635,500 (10,734,675) Capitalization of financial expenses — (11,202,063) — (4,780,923) Recoverable taxes — — 10,491,314 — Investments accounted for using the equity method - Hidroaysen — — 30,938,736 — Argentina Hyperinflationary Effect — (425,687) — — Other Deferred Taxes 14,277,897 (9,293,760) 8,205,450 (5,953,752) Deferred Tax Assets/Liabilities before compensation 122,047,406 (380,956,230) 105,561,309 (274,947,198) Compensation of Assets (Liabilities) for deferred taxes (102,876,176) 102,876,176 (102,723,517) 102,723,517 Deferred Tax Assets (Liabilities) after compensation 19,171,230 (278,080,054) 2,837,792 (172,223,681) Changes 2018 Opening balance Effects first application IFRS 9 and IAS 29 Net balance restated as of January 1, 2018 Increase (decrease) in profit or loss Increase (decrease) in other comprehensive income Acquisitions Through Business Combinations Foreign currency Other increases Closing balance Deferred Tax Assets (Liabilities) ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Accumulated depreciation (263,685,283) — (263,685,283) (3,851,978) — (74,336,810) (10,342,994) 2,240,664 (349,976,401) Post-employment benefit obligations 5,971,995 — 5,971,995 (250,223) (10,228) — — (1,896) 5,709,648 Tax loss carryforwards 9,536,102 — 9,536,102 (3,278,563) 32,058,724 2,831,404 (4,226,510) 36,921,157 Provisions 39,890,472 1,261,836 41,152,308 4,032,271 — 5,183,782 973,961 3,738,063 55,080,385 Dismantling Provision 17,411,395 — 17,411,395 4,442,928 — 1,707,519 59,520 5,902 23,627,264 Provision for Civil Contingencies 3,762,772 — 3,762,772 306,893 — — 39,045 — 4,108,710 Provision Contingencies Workers 5,989 — 5,989 333,704 — 8,016 83,191 — 430,900 Provision for doubtful trade accounts 11,976,401 1,261,836 13,238,237 13,646 — 3,434 989 (2,694) 13,253,612 Provision of Human Resources accounts 6,497,206 — 6,497,206 178,162 — 70,795 686,776 — 7,432,939 Other Provisions 236,709 236,709 (1,243,062) — 3,394,018 104,440 3,734,855 6,226,960 Other Deferred Taxes 38,900,825 (213,442) 38,687,383 (34,967,709) 111 — — (10,363,398) (6,643,613) Capitalization of financial expenses (4,780,923) — (4,780,923) (6,421,139) — — — — (11,202,062) Recoverable taxes 10,491,314 — 10,491,314 — — — — (10,491,314) — Investments accounted for using the equity method - Hidroaysen 30,938,736 — 30,938,736 (30,938,736) — — — — — Argentina Hyperinflation Effect — (213,442) (213,442) (212,245) — — — — (425,687) Other Deferred Taxes 2,251,698 — 2,251,698 2,604,411 111 — — 127,916 4,984,136 Deferred Tax Assets (Liabilities) (169,385,889) 1,048,394 (168,337,495) (38,316,202) (10,117) (37,094,304) (6,537,629) (8,613,077) (258,908,824) Changes 2017 Opening balance Increase (decrease) in profit or loss Increase (decrease) in other Acquisitions Through Business Combinations Foreign currency Other increases Closing balance Deferred Tax Assets (Liabilities) ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Accumulated depreciation (240,908,311) (22,836,691) — — 61,222 (1,503) (263,685,283) Post-employment benefit obligations 6,215,828 976,808 (463,556) — — (757,085) 5,971,995 Tax loss carryforwards 11,911,396 (2,375,294) — — — — 9,536,102 Provisions 36,443,610 2,940,867 — — — 505,995 39,890,472 Dismantling Provision 15,605,650 1,805,745 — — — — 17,411,395 Provision for Civil Contingencies 1,433,216 2,329,556 — — — — 3,762,772 Provision Contingencies Workers — 5,989 — — — — 5,989 Provision for doubtful trade accounts 10,812,893 1,163,508 — — — — 11,976,401 Provision of Human Resources accounts 6,675,436 (81,698) — — — (96,532) 6,497,206 Other Provisions 1,916,415 (2,282,233) — — — 602,527 236,709 Other Deferred Taxes 8,769,200 25,965,730 (497) — (28,356) 4,194,748 38,900,825 Capitalization of financial expenses (5,101,367) 320,444 — — — — (4,780,923) Recoverable taxes 10,295,696 — — — — 195,618 10,491,314 Investments accounted for using the equity method - Hidroaysen — 30,938,736 — — — — 30,938,736 Other Deferred Taxes 3,574,871 (5,293,450) (497) — (28,356) 3,999,130 2,251,698 Deferred Tax Assets (Liabilities) (177,568,277) 4,671,420 (464,053) — 32,866 3,942,155 (169,385,889) |
Effects of Deferred Tax on Components of Other Comprehensive Income | The effects of deferred tax on the components of other comprehensive income for the years ended December 31, 2018 and 2017, are as follows: For the years ended December 31, 2018 2017 2016 Effects of Deferred Tax on the Components of Amount Before Income Tax Amount After Amount Before Income Tax Amount After Amount Before Income Tax Amount After Other Comprehensive Income ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Available-for-sale financial assets (411) 111 (300) 1,840 (497) 1,343 (6,740) 1,820 (4,920) Cash flow hedge (221,906,855) 60,650,786 (161,256,069) 97,558,961 (25,701,599) 71,857,362 89,068,357 (21,116,232) 67,952,125 Share of other comprehensive income from associates and joint ventures accounted for using the equity method — — (1,490) — (1,490) (11,691,509) — (11,691,075) Foreign currency translation 107,492,316 — 107,492,316 (3,686,549) — (3,686,549) (3,532,410) — (3,532,844) Actuarial gains(losses) on defined-benefit pension plans 37,881 (10,228) 27,653 1,716,875 (463,556) 1,253,319 (6,618,514) 1,786,999 (4,831,515) Income tax related to components of other comprehensive income (114,377,069) 60,640,669 (53,736,400) 95,589,637 (26,165,652) 69,423,985 67,219,184 (19,327,413) 47,891,771 |
Movements in Deferred Taxes for Components of Other Comprehensive Income | The following table is a reconciliation of the movement of deferred taxes between the balance sheet and income taxes in other comprehensive income as of December 31, 2018 and 2017. For the years ended December 31, 2018 2017 2016 Reconciliation of changes in deferred taxes of components of other comprehensive income ThCh$ ThCh$ ThCh$ Total increases (decreases) for deferred taxes of other comprehensive income from continuing operations (10,117) (464,053) 1,788,821 Income tax of changes in cash flow hedge transactions 60,650,786 (25,701,599) (21,116,234) Total income tax relating to components of other comprehensive income 60,640,669 (26,165,652) (19,327,413) |
Other Financial Liabilities (Ta
Other Financial Liabilities (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
OTHER FINANCIAL LIABILITIES | |
Schedule of Balances of Other Financial Liabilities | The balances of other financial liabilities as of December 31, 2018 and 2017, are as follows: As of December 31, 2018 2017 Current Non-current Current Non-current Other financial liabilities ThCh$ ThCh$ ThCh$ ThCh$ Interest –bearing borrowings 329,262,093 1,703,044,158 17,255,692 760,932,929 Hedging derivatives (*) 81,195,765 2,629,715 304,278 21,045,216 Non-hedging derivatives (**) 207,957 159,630 1,255,478 — Total 410,665,815 1,705,833,503 18,815,448 781,978,145 (*) (**) |
Schedule of Interest-bearing Borrowings | The detail of current and non-current interest-bearing borrowings as of December 31, 2018 and 2017, is as follows: As of December 31, 2018 2017 Current Non-current Current Non-current Classes of Interest-bearing borrowings ThCh$ ThCh$ ThCh$ ThCh$ Bank loans 283,527,689 229,020,029 122 — Unsecured obligations 43,568,129 1,461,713,954 15,455,782 748,123,803 Financial leases 2,166,275 12,310,175 1,799,788 12,809,126 Total 329,262,093 1,703,044,158 17,255,692 760,932,929 |
Summary of Bank Loans by Currency and Maturity | Bank loans by currency and contractual maturity as of December 31, 2018 and 2017, are as follows: Summary of bank loans by currency and maturity Current Non-current Maturity Maturity Country Currency Effective Interest Nominal Secured / Unsecured One to three Three to twelve Total Current One to two years Two to three Three to four Four to five Over five years Total Non-Current 12-31-2018 Rate Rate ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Chile US$ 3.51% 3.51% Unsecured 1,350,861 69,439,914 70,790,775 — 104,100,014 124,920,015 — — 229,020,029 Chile Ch$ 4.71% 4.30% Unsecured 212,736,908 212,736,914 — — — — Total 1,350,867 282,176,822 283,527,689 — 104,100,014 124,920,015 — — 229,020,029 Current Non-current Maturity Maturity Country Currency Effective Interest Nominal Secured / Unsecured One to three Three to twelve Total Current One to two years Two to three Three to four Four to five Over five years Total Non-Current 12-31-2017 Rate Rate ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Chile Ch$ 6.00% 6.00% Unsecured 122 — 122 — — — — — — Total 122 — 122 — — — — — — |
Summary of Identification of Bank Borrowings by Company | Identification of bank borrowings by company Appendix No.4, letter a), presents details of estimated future cash flows (undiscounted) that the Group will have to disburse to settle the bank loans detailed above. December 31, 2018 Current Non-current Taxpayer ID Company Country Taxpayer ID Financial Institution Country Currency Effective Nominal Amortization Less than More Total One to Two to Three to Four to More Total Non- 96.800.570-7 Enel Distribución Chile S.A. Chile 97.006.000-6 Linea sobregiro (Banco Santander) Chile Ch$ 6.00% 6.00% At maturity 2 — 2 — — — — — — 91.081.000-6 Enel Generación Chile S.A. Chile 97.036.000-K Linea sobregiro (Banco Santander) Chile Ch$ 6.00% 6.00% At maturity 4 — 4 — — — — — — 76.536.353-5 Enel Chile S.A Chile 97.036.000-K Banco Santander Chile Ch$ 3.85% 3.17% At maturity — 65,829,996 65,829,996 — — — — — — 76.536.353-5 Enel Chile S.A Chile 97.004.000-5 Banco de Chile Chile Ch$ 3.85% 3.17% At maturity — 73,453,456 73,453,456 — — — — — — 76.536.353-5 Enel Chile S.A Chile 97.018.001-1 Scotiabank Chile Chile Ch$ 3.85% 3.17% At maturity — 73,453,456 73,453,456 — — — — — — 96.920.110-0 Enel Green Power Chile Ltda Chile 97.080.000-K BBVA Chile US$ 4.14% 4.14% At maturity 814,628 69,400,009 70,214,637 — — — — — — 96.920.110-0 Enel Green Power Chile Ltda Chile 97.080.000-K BBVA Chile US$ 4.17% 4.17% At maturity 158,913 — 158,913 — 104,100,014 — — — 104,100,014 96.920.110-0 Enel Green Power Chile Ltda Chile 59.054.440-K INTER-AMERICAN INVESTIMENT CORPORATION E.E.U.U US$ 1.50% 1.50% At maturity — 39,905 39,905 — — 20,820,002 — — 20,820,002 95.524.140-K Empresa Electrica Panguipulli S.A Chile 97.080.000-K BBVA Chile US$ 4.25% 4.25% At maturity 377,320 — 377,320 — — 104,100,013 — — 104,100,013 Total 1,350,867 282,176,822 283,527,689 — 104,100,014 124,920,015 — — 229,020,029 December 31, 2017 Current Non-current Taxpayer ID Company Country Taxpayer ID Financial Institution Country Currency Effective Nominal Amortization Less than More Total One to Two to Three to Four to More Total Non- 96.800.570-7 Enel Distribución Chile S.A. Chile 97.006.000-6 Banco de Crédito e Inversiones Chile Ch$ 6.00% 6.00% At maturity 13 — 13 — — — — — — 91.081.000-6 Enel Generación Chile S.A. Chile 97.006.000-6 Banco de Crédito e Inversiones Chile Ch$ 6.00% 6.00% At maturity 97 — 97 — — — — — — 91.081.000-6 Enel Generación Chile S.A. Chile 97.036.000-K Banco Santander Chile Ch$ 6.00% 6.00% At maturity 12 — 12 — — — — — — Total 122 — 122 — — — — — — |
Summary of Unsecured Liabilities by Currency and Maturity | The detail of Unsecured Liabilities by currency and maturity as of December 31, 2018 and 2017, is as follows: Summary of public unsecured liabilities by currency and maturity Current Non-Current Maturity Maturity Effective Interest Nominal Annual Secured/ One to three Three to Twelve Total Current 12-31-2018 One to two years Two to three Three to four Four to five years More than five Total Non- Current 12/31/2018 Country Currency Rate Rate Unsecured ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Chile US$ 6.59% 6.49% Unsecured 7,144,997 4,281,038 11,426,035 — — — — 1,164,595,519 1,164,595,519 Chile U.F. 6.00% 5.48% Unsecured — 32,142,094 32,142,094 30,793,493 30,793,493 30,793,493 30,793,493 173,944,463 297,118,435 Total 7,144,997 36,423,132 43,568,129 30,793,493 30,793,493 30,793,493 30,793,493 1,338,539,982 1,461,713,954 Current Non-Current Maturity Maturity Effective Interest Nominal Annual Secured/ One to three months Three to Twelve months Total Current 12-31-2017 One to two years Two to three Three to four Four to five years More than five Total Non- Current 12/31/2017 Country Currency Rate Rate Unsecured ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Chile US$ 6.99% 6.90% Unsecured 6,322,081 2,206,269 8,528,350 — — — — 430,228,859 430,228,859 Chile U.F. 6.00% 5.48% Unsecured — 6,927,432 6,927,432 5,574,013 5,574,013 5,574,013 5,574,013 295,598,892 317,894,944 Total 6,322,081 9,133,701 15,455,782 5,574,013 5,574,013 5,574,013 5,574,013 725,827,751 748,123,803 |
Summary of Unsecured Liabilities by Company | Summary of public unsecured liabilities by currency and maturity December 31, 2018 Current Non-Current Taxpayer ID Company Country Taxpayer ID Financial Institution Country Currency Effective Nominal Secured Less than More Total One to Two to Three to Four to More Total Non- 91.081.000-6 Enel Generación Chile S.A. Chile Foreign BNY Mellon -Primera Emisión S-1 USA US$ 7.96% 7.88% No 4,693,498 — 4,693,498 — — — — 142,300,747 142,300,747 91.081.000-6 Enel Generación Chile S.A. Chile Foreign BNY Mellon - Primera Emisión S-2 USA US$ 7.40% 7.33% No 1,500,880 — 1,500,880 — — — — 48,131,124 48,131,124 91.081.000-6 Enel Generación Chile S.A. Chile Foreign BNY Mellon - Primera Emisión S-3 USA US$ 8.26% 8.13% No 950,619 — 950,619 — — — — 22,694,249 22,694,249 91.081.000-6 Enel Generación Chile S.A. Chile Foreign BNY Mellon - Única 24296 USA US$ 4.32% 4.25% No — 2,493,452 2,493,452 — — — — 274,469,150 274,469,150 91.081.000-6 Enel Generación Chile S.A. Chile 97.004.000-5 Banco Santander -317 Serie-H Chile U.F. 7.17% 6.20% No — 6,513,162 6,513,162 5,733,684 5,733,684 5,733,684 5,733,684 25,386,928 48,321,664 91.081.000-6 Enel Generación Chile S.A. Chile 97.004.000-5 Banco Santander 522 Serie-M Chile U.F. 4.82% 4.75% No — 25,628,932 25,628,932 25,059,809 25,059,809 25,059,809 25,059,809 148,557,535 248,796,771 76.536.353-5 Enel Chile S.A Chile Foreign BNY Mellon - Unica E.E.U.U US$ 5.03% 4.88% No 1,787,586 1,787,586 677,000,249 677,000,249 Total Unsecured Bonds 7,144,997 36,423,132 43,568,129 30,793,493 30,793,493 30,793,493 30,793,493 1,338,539,982 1,461,713,954 December 31, 2017 Current Non-Current Taxpayer ID Company Country Taxpayer ID Financial Institution Country Currency Effective Nominal Secured Less than More Total One to Two to Three to Four to More Total Non- 91.081.000-6 Enel Generación Chile S.A. Chile Foreign BNY Mellon -Primera Emisión S-1 USA US$ 7.96% 7.88% No 4,152,926 — 4,152,926 — — — — 125,566,611 125,566,611 91.081.000-6 Enel Generación Chile S.A. Chile Foreign BNY Mellon - Primera Emisión S-2 USA US$ 7.40% 7.33% No 1,328,023 — 1,328,023 — — — — 42,902,198 42,902,198 91.081.000-6 Enel Generación Chile S.A. Chile Foreign BNY Mellon - Primera Emisión S-3 USA US$ 8.26% 8.13% No 841,132 — 841,132 — — — — 19,398,499 19,398,499 91.081.000-6 Enel Generación Chile S.A. Chile Foreign BNY Mellon - Única 24296 USA US$ 4.32% 4.25% No — 2,206,269 2,206,269 — — — — 242,361,551 242,361,551 91.081.000-6 Enel Generación Chile S.A. Chile 97.004.000-5 Banco Santander -317 Serie-H Chile U.F. 7.17% 6.20% No — 6,374,051 6,374,051 5,574,013 5,574,013 5,574,013 5,574,013 30,872,536 53,168,588 91.081.000-6 Enel Generación Chile S.A. Chile 97.004.000-5 Banco Santander 522 Serie-M Chile U.F. 4.82% 4.75% No — 553,381 553,381 — — — — 264,726,356 264,726,356 Total Unsecured Bonds 6,322,081 9,133,701 15,455,782 5,574,013 5,574,013 5,574,013 5,574,013 725,827,751 748,123,803 |
Summary of Detail of Finance Lease Obligations | Detail of finance lease obligations: December 31, 2018 Current Non-Current ThCh$ Taxpayer ID Company Country Taxpayer ID Financial Institution Country Currency Nominal Less than More Total One to Two to Three to Four to More Total Non- 91.081.000-6 Enel Generación Chile S.A. Chile 76.555.400-4 Transelec S.A. Chile US$ 6.50% 528,847 1,637,428 2,166,275 2,307,082 2,457,043 2,616,750 4,929,300 — 12,310,175 Total Leasing 528,847 1,637,428 2,166,275 2,307,082 2,457,043 2,616,750 4,929,300 — 12,310,175 December 31, 2017 Current Non-Current ThCh$ Taxpayer ID Company Country Taxpayer ID Financial Institution Country Currency Nominal Less than More Total One to Two to Three to Four to More Total Non- 91.081.000-6 Enel Generación Chile S.A. Chile 76.555.400-4 Transelec S.A. Chile US$ 6.50% 439,377 1,360,411 1,799,788 2,459,000 1,916,774 2,041,364 2,174,053 4,217,935 12,809,126 Total Leasing 439,377 1,360,411 1,799,788 2,459,000 1,916,774 2,041,364 2,174,053 4,217,935 12,809,126 |
Summary of Changes in Reserve for Cash Flow Hedges | The following table details changes in “Reserve for cash flow hedges” as of December 31, 2018 and 2017, due to exchange differences of this debt: For the years ended December 31, 2018 2017 2016 ThCh$ ThCh$ ThCh$ Balance in hedging reserves (hedging income) at the beginning of the period, net (27,168,008) (52,747,646) (74,953,393) Foreign currency exchange differences recognized in equity, net (101,790,308) 17,321,594 14,317,257 Foreign currency exchange differences recognized in profit and loss, net 12,478,369 8,258,044 7,888,490 Others (Tender Offer 33.57% 02.04.2018 on Enel Generacion Chile) (11,028,906) — — Balance in hedging reserves (hedging income) at the end of the period, net (127,508,853) (27,168,008) (52,747,646) |
Summary of estimation of undiscounted flows by bank loans | Non-Current Current Non-Current Total Current Maturity Total No Current Total Current Maturity Total No Current Country Currency Nominal Interest Rate One to Three Months Three to twelve months as of 12-31-2018 One to two years Two to Three Years Three to Four Years Four to Five Years More than Five Years as of 12-31-2018 One to Three Months Three to twelve months as of 12-31-2017 One to two years Two to Three Years Three to Four Years Four to Five Years More than Five Years as of 12/31/2017 ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Chile US$ 1,985,915 75,074,314 77,060,229 110,909,917 106,335,361 21,112,380 - - 238,357,658 - - - - - - - - - Chile Ch$ 1,798,705 215,920,510 217,719,215 - - - - - - 122 - 122 - - - - - - Totals - - - - - - - - - |
Summary of estimation of undiscounted flows by guaranteed and unsecured obligations | Non-Current Current Non-Current Maturity Total Current Maturity Total No Current Maturity Total Current Maturity Total No Current Country Currency Nominal Interest Rate One to Three Months Three to twelve months as of 12-31-2018 One to two years Two to Three Years Three to Four Years Four to Five Years More than Five Years as of 12-31-2018 One to Three Months Three to twelve months as of 12-31-2017 One to two years Two to Three Years Three to Four Years Four to Five Years More than Five Years as of 12/31/2017 ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Chile US$ 16,173,722 48,521,166 64,694,888 64,694,887 64,694,887 64,694,887 64,694,887 1,612,310,243 1,871,089,791 6,697,979 20,093,935 26,791,914 26,791,913 26,791,913 26,791,913 26,791,913 703,872,066 811,039,718 Chile U.F. 6,603,562 49,871,556 56,475,118 54,036,540 51,597,963 49,159,386 46,720,808 224,787,689 426,302,386 5,775,038 22,689,438 28,464,476 51,927,014 49,837,566 47,748,117 45,658,669 256,892,562 452,063,928 Totals |
Summary of estimation of undiscounted flows by finance leases | a) Financial leases Non-Current Current Non-Current Total Current Maturity Total No Current Total Current Maturity Total No Current Country Currency Nominal Interest Rate One to Three Months Three to twelve months as of 12-31-2018 One to two years Two to Three Years Three to Four Years Four to Five Years More than Five Years as of 12-31-2018 One to Three Months Three to twelve months as of 12-31-2017 One to two years Two to Three Years Three to Four Years Four to Five Years More than Five Years as of 12-31-2017 ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Chile US$ 760,090 2,278,842 3,038,932 3,034,977 3,030,765 3,026,279 5,044,764 - 14,136,785 685,232 2,052,448 2,737,680 2,728,693 2,719,123 2,708,931 2,698,076 4,473,883 15,328,706 Totals - |
Risk Management Policy (Tables)
Risk Management Policy (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
Disclosure Of Risk Management Strategy Related To Hedge Accounting [Abstract] | |
Comparative Structure of Financial Debt According to Fixed and /or Protected Interest Rate on Gross Debt | For the years ended December 31, 2018 2017 % % Fixed interest rate 71% 92% |
Financial Instruments (Tables)
Financial Instruments (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
FINANCIAL INSTRUMENTS | |
Summary of Financial Assets Classified by Type and Category | a) The detail of financial assets, classified by type and category, as of December 31, 2018 and 2017, is as follows: December 31, 2018 Financial assets at fair value through profit and loss Financial assets measured at amortized cost Financial assets at fair value with changes in other comprehensive income Financial ThCh$ ThCh$ ThCh$ ThCh$ Equity instruments 90,839 — 269,031 — Trade accounts receivable and other accounts receivable — 529,467,040 — — Derivative instruments 1,491,497 — 1,423,613 39,022,012 Other financial assets — 880,268 — — Total Current 1,582,336 530,347,308 1,692,644 39,022,012 Equity instruments — — 2,352,894 — Trade accounts receivable and other accounts receivable — 60,527,843 Derivative instruments 36,086 — — 4,191,543 Other financial assets — 689,146 — — Total Non-current 36,086 61,216,989 2,352,894 4,191,543 Total 1,618,422 591,564,297 4,045,538 43,213,555 December 31, 2017 Financial assets at fair value through profit and loss Financial assets measured at amortized cost Financial assets at fair value with changes in other comprehensive income Financial ThCh$ ThCh$ ThCh$ ThCh$ Trade accounts receivable and other accounts receivable — 463,197,062 — — Derivative instruments 402,716 — — 20,038,433 Other financial assets 9,940,955 185,913 5,742,633 — Total Current 10,343,671 463,382,975 5,742,633 20,038,433 Equity instruments 33,158 — 2,595,343 — Trade accounts receivable and other accounts receivable — 36,182,399 Derivative instruments — — — 30,789,703 Other financial assets — — — — Total Non-current 33,158 36,182,399 2,595,343 30,789,703 Total 10,376,829 499,565,374 8,337,976 50,828,136 The book value of trade accounts receivable and payable approximates their fair value. |
Summary of Financial Liabilities Classified by Type and Category | a) The detail of financial liabilities, classified by type and category, as of December 31, 2018 and 2017, is as follows: December 31, 2018 Financial liabilities Loans and payables Financial Liabilities at fair value with changes in other result Financial derivatives ThCh$ ThCh$ ThCh$ ThCh$ Interest-bearing loans — 329,262,093 — — Commercial accounts and other accounts payable — 702,770,048 — — Derivative instruments 756,005 — 7,161,949 81,195,765 Total Current 756,005 1,032,032,141 7,161,949 81,195,765 Interest-bearing loans — 1,703,044,158 — — Commercial accounts and other accounts payable — 449,777,982 — — Derivative instruments 159,630 — 2,629,715 Total Non-current 159,630 2,152,822,140 — 2,629,715 Total 915,635 3,184,854,281 7,161,949 83,825,480 December 31, 2017 Financial liabilities Loans and payables Financial Liabilities at fair value with changes in other result Financial derivatives ThCh$ ThCh$ ThCh$ ThCh$ Interest-bearing loans — 17,255,692 — — Commercial accounts and other accounts payable — 669,753,051 — — Derivative instruments 1,255,478 — — 304,278 Other financial liabilities 889,026 — — — Total Current 2,144,504 687,008,743 — 304,278 Interest-bearing loans — 760,932,929 — — Derivative instruments — — — 21,045,216 Other financial liabilities — 978,342 — — Total Non-current — 761,911,271 — 21,045,216 Total 2,144,504 1,448,920,014 — 21,349,494 |
Summary of Financial Derivative Transactions Qualifying as Hedge Instruments Resulted in Recognition of Assets and Liabilities | As of December 31, 2018 and 2017, financial derivative transactions qualifying as hedge instruments resulted in recognition of the following assets and liabilities in the consolidated statement of financial position: December 31, 2018 Assets Liabilities Current Non-current Current Non-current ThCh$ ThCh$ ThCh$ ThCh$ Interest rate hedge: 852,119 4,191,543 Cash flow hedge 852,119 4,191,543 Exchange rate hedge: 38,169,893 — 81,195,765 2,629,715 Cash flow hedge 38,169,893 — 81,195,765 2,629,715 Total 39,022,012 4,191,543 81,195,765 2,629,715 December 31, 2017 Assets Liabilities Current Non-current Current Non-current ThCh$ ThCh$ ThCh$ ThCh$ Exchange rate hedge: 20,038,433 30,789,703 304,278 21,045,216 Cash flow hedge 20,038,433 30,789,703 304,278 21,045,216 Total 20,038,433 30,789,703 304,278 21,045,216 |
Summary of Hedge Derivative Instruments and Their Corresponding Hedged Instruments | Hedge derivative instruments and their corresponding hedged instruments are shown in the following table: Fair value of Fair value of hedged item hedged item Detail of hedging 12-31-2018 12-31-2017 instrument Description of hedging instrument Description of hedged item ThCh$ ThCh$ Type of risk hedged SWAP Exchange rate Unsecured obligations (bonds) (*) (18,892,400) 7,696,061 Cash Flow SWAP Interest rate Bank loans 5,043,662 — Cash Flow FORWARD Exchange rate Revenues (26,763,187) 21,782,581 Cash Flow (*) |
Summary of Financial Derivative Transactions Recorded at Fair Value Through Profit or Loss Resulted in the Recognition of Assets and Liabilities | As of December 31, 2018 and 2017, financial derivative transactions recorded at fair value through profit or loss, resulted in the recognition of the following assets and liabilities in the statement of financial position: December 31, 2018 December 31, 2017 Current Current Non-Current Non-Current Current Current Non-Current Non-Current ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Non-hedging derivative instrument 41,023 207,957 36,086 159,630 402,716 1,255,478 — — |
Summary of Fair Value of Hedging and Non-hedging Derivatives Entered Into by the Group as Well as the Remaining Contractual Maturities | The following tables present the fair value of hedging and non-hedging derivatives entered into by the Group as well as the remaining contractual maturities as of December 31, 2018 and 2017: December 31, 2018 Notional Amount Fair value Less than 1 year 1-2 years 2-3 years 3-4 years 4-5 years Total Financial derivatives ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Interest rate hedge: 5,043,662 69,477,000 104,215,500 104,215,500 — — 277,908,000 Cash flow hedge 5,043,662 69,477,000 104,215,500 104,215,500 — — 277,908,000 Exchange rate hedge: (45,655,587) 1,227,557,071 76,355,223 — — — 1,303,912,294 Cash flow hedge (45,655,587) 1,227,557,071 76,355,223 — — — 1,303,912,294 Derivatives not designated for hedge accounting (290,478) 34,525,045 29,457,793 1,913,220 — — 65,896,058 Total (40,902,403) 1,331,559,116 210,028,516 106,128,720 — — 1,647,716,352 December 31, 2017 Notional Amount Fair value Less than 1 year 1-2 years 2-3 years 3-4 years 4-5 years Total Financial derivatives ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Interest rate hedge: — — — — — — — Cash flow hedge — — — — — — — Exchange rate hedge: 29,478,642 306,350,419 525,812,635 — — — 832,163,054 Cash flow hedge 29,478,642 306,350,419 525,812,635 — — — 832,163,054 Derivatives not designated for hedge accounting (852,762) 19,682,638 — — — — 19,682,638 Total 28,625,880 326,033,057 525,812,635 — — — 851,845,692 |
Schedule of Financial Assets and Liabilities Measured at Fair Value | The following table presents financial assets and liabilities measured at fair value as of December 31, 2018 and 2017: Fair Value Measured at End of Reporting Period Using: 12-31-2018 Level 1 Level 2 Level 3 Financial Instruments Measured at Fair Value ThCh$ ThCh$ ThCh$ ThCh$ Financial Assets: Financial derivatives designated as cash flow hedges 43,213,555 — 43,213,555 — Financial derivatives not designated for hedge accounting 77,109 — 77,109 — Commodity derivatives not designated as cash flow hedges 1,450,474 — 1,450,474 — Commodity derivatives designated as cash flow hedges 1,423,613 — 1,423,613 Available-for-sale financial assets, non-current 359,870 — 359,870 — Total 46,524,621 — 46,524,621 — Financial Liabilities: Financial derivatives designated as cash flow hedges 83,825,480 — 83,825,480 — Financial derivatives not designated for hedge accounting 367,587 — 367,587 — Commodity derivatives not designated for hedge accounting 548,048 — 548,048 — Commodity derivatives designated as cash flow hedges 7,161,949 — 7,161,949 — Total 91,903,064 — 91,903,064 — Fair Value Measured at End of Reporting Period Using: 12-31-2017 Level 1 Level 2 Level 3 Financial Instruments Measured at Fair Value ThCh$ ThCh$ ThCh$ ThCh$ Financial Assets: Financial derivatives designated as cash flow hedges 50,828,136 — 50,828,136 — Financial derivatives not designated for hedge accounting 402,716 — 402,716 — Commodity derivatives not designated as cash flow hedges 9,940,955 — 9,940,955 — Commodity derivatives designated as cash flow hedges 5,742,633 — 5,742,633 Available-for-sale financial assets, non-current 33,158 33,158 — — Total 66,947,598 33,158 66,914,440 — Financial Liabilities: Financial derivatives designated as cash flow hedges 21,349,494 — 21,349,494 — Financial derivatives not designated for hedge accounting 1,255,478 — 1,255,478 — Commodity derivatives not designated for hedge accounting — — — — Commodity derivatives designated as cash flow hedges 889,026 — 889,026 — Total 23,493,998 — 23,493,998 — |
Trade and Other Current Payab_2
Trade and Other Current Payables (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
TRADE AND OTHER CURRENT PAYABLES. | |
Summary of Trade and Other Current Payables | Current Non-current 12-31-2018 12-31-2017 12-31-2018 12-31-2017 Trade and Other Payables ThCh$ ThCh$ ThCh$ ThCh$ Energy suppliers 155,123,059 172,042,187 — — Fuel and gas suppliers 39,787,839 13,300,051 — — Payables for goods and services 155,054,466 149,301,377 6,766 4,485 Payables for assets acquisition 116,157,897 92,806,426 2,106,099 — Subtotal Trade Payables 466,123,261 427,450,041 2,112,865 4,485 Other Payables Dividends payable to third parties 52,059,048 95,150,149 — — Warranty deposits 365,857 402,107 — — Fines and complaints 165,102 — — — Taxes payables other than income tax 1,742,603 4,894,779 — — Accounts payable to staff 30,686,679 27,466,888 — — Other payables 3,143,774 614,554 471,315 655,339 Subtotal Other current payables 88,163,063 128,528,477 471,315 655,339 Total 554,286,324 555,978,518 2,584,180 659,824 |
Provisions (Tables)
Provisions (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
PROVISIONS | |
Summary of Breakdown of Provisions | a) The breakdown of provisions as of December 31, 2018 and 2017, is as follows: Current Non-current 12-31-2018 12-31-2017 12-31-2018 12-31-2017 Provisions ThCh$ ThCh$ ThCh$ ThCh$ Provision for legal proceedings 3,884,018 3,497,786 13,468,858 13,936,190 Decommissioning or restoration (1) — — 92,402,517 64,486,647 Other provisions 1,704,768 2,138,385 — — Total 5,588,786 5,636,171 105,871,375 78,422,837 (1) See Note 3. |
Summary of Changes in Provisions | a) Changes in provisions as of December 31, 2018 and 2017, are as follows: Legal Decommissioning or Environment Total Changes in Provisions ThCh$ ThCh$ ThCh$ ThCh$ Balance at January 1, 2018 17,433,976 64,486,647 2,138,385 84,059,008 Increase (decrease) in existing provisions (2) 1,842,257 23,395,295 (253,939) 24,983,613 Provisions used (1,150,386) — (501,234) (1,651,620) Reversal of unused provision (743,927) — — (743,927) Increase from adjustment to time value of money (1) — 3,176,001 — 3,176,001 Foreign currency translation (29,044) 1,344,574 321,556 1,637,086 Total changes in provisions (81,100) 27,915,870 (433,617) 27,401,153 Balance at December 31, 2018 17,352,876 92,402,517 1,704,768 111,460,161 Legal Decommissioning or Other Total Changes in Provisions ThCh$ ThCh$ ThCh$ ThCh$ Balance at January 1, 2017 10,002,785 57,798,702 1,798,953 69,600,440 Increase (decrease) in existing provisions (2) 12,159,920 4,340,858 339,432 16,840,210 Provisions used (2,995,017) — — (2,995,017) Reversal of unused provision (1,728,788) — — (1,728,788) Increase from adjustment to time value of money (1) — 2,347,087 — 2,347,087 Foreign currency translation (4,924) — — (4,924) Total changes in provisions 7,431,191 6,687,945 339,432 14,458,568 Balance at December 31, 2017 17,433,976 64,486,647 2,138,385 84,059,008 (1) Corresponds to a financially updated amount (see note 34) Figure involves basically provisions for penalties issued by the Secretary of Energy and Fuels, See note 38.3. |
Employee Benefit Obligations (T
Employee Benefit Obligations (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
EMPLOYEE BENEFIT OBLIGATIONS | |
Summary of Post- employment Obligations Associated with Defined Benefits Plan | a) The post-employment obligations associated with the defined benefits plan as of December 31, 2018, 2017 and 2016, are as follows: General ledger accounts: 12-31-2018 12-31-2017 12-31-2016 ThCh$ ThCh$ ThCh$ Post-employment obligations 56,602,664 57,081,924 59,934,127 Total 56,602,664 57,081,924 59,934,127 Total post-employment obligations, net 56,602,664 57,081,924 59,934,127 |
Summary of Defined Benefit Plans Expense Recognized in Statements of Comprehensive Income | b) The following amounts were recognized in the consolidated statement of comprehensive income for the years ended December 31, 2018, 2017 and 2016: For the years ended December 31, Expense Recognized in the Statement of 2018 2017 2016 Comprehensive Income ThCh$ ThCh$ ThCh$ Current service cost for defined benefits plan 1,920,262 2,091,205 1,899,660 Interest cost for defined benefits plan (1) 2,750,376 2,678,300 2,517,406 Past service cost (39,060) — — Expenses recognized in the Statement of Income 4,631,578 4,769,505 4,417,066 Gains (losses) from remeasurement of defined benefit plans (37,881) (1,716,875) 6,618,514 Total expense recognized in the Statement of Comprehensive Income 4,593,697 3,052,630 11,035,580 |
Summary of Balance and Changes in Post-employment Defined Benefit Obligations | c) The balance and changes in post-employment defined benefit obligations as of and for the years ended December 31, 2018, 2017 and 2016, are as follows: Actuarial Value of Post-employment Obligations ThCh$ Balance at January 1, 2016 55,023,456 Current service cost 1,899,660 Net Interest cost 2,517,406 Actuarial (gains) losses from changes in financial assumptions 1,073,475 Actuarial (gains) losses from changes in experience adjustments 5,545,039 Benefits paid (7,771,781) Transfers of employees 1,337,621 Other 309,251 Balance at December 31, 2016 59,934,127 Current service cost 2,091,205 Net Interest cost 2,678,300 Actuarial (gains) losses from changes in financial assumptions (1,414,201) Actuarial (gains) losses from changes in experience adjustments (302,674) Benefits paid (5,917,552) Transfers of employees 12,719 Other — Balance at December 31, 2017 57,081,924 Current service cost 1,920,262 Net Interest cost 2,750,376 Actuarial (gains) losses from changes in financial assumptions 789,809 Actuarial (gains) losses from changes in experience adjustments (827,690) Foreign currency translation 124,929 Benefits paid (5,469,357) Past service cost of Defined Benefit Plan Obligations (39,060) Defined benefit plan obligations from business combinations 602,816 Transfers of employees (331,345) Balance at December 31, 2018 56,602,664 |
Summary of Assumptions Used in Actuarial Calculation of Defined Benefits | As of December 31, 2018, 2017 and 2016, the following assumptions were used in the actuarial calculation of defined benefits: 12-31-2018 12-31-2017 12-31-2016 Discount rates used 4.70% 5.00% 4.70% Expected rate of salary increases 3.80% 4.00% 4.00% Turnover rate 4.40% 4.57% 4.72% Mortality tables CB-H-2014 / RV-M-2014 CB-H-2014 / RV-M-2014 CB-H-2014 / RV-M-2014 |
Summary of Expected Flow for Benefits for Next Five Years | The Group’s obligations have a weighted average length of 8.36 years, and the flow for benefits for the next ten years and more is expected to be as follows: Years ThCh$ 1 5,801,478 2 4,270,340 3 4,984,423 4 4,777,882 5 4,099,105 Over 5 23,557,891 |
Equity (Tables)
Equity (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
Disclosure Of Shareholders Equity [Line Items] | |
Schedule of Movements in Shares as Result of Merger | The movements in the number of shares of Enel Chile as a result of the corporate reorganization process described above are detailed below: Number of outstanding shares of Enel Chile prior to the reorganization Number of shares Ratio for exchange of shares Number of shares Public Offer of Shares in Generation Chile (1): Purchased shares - national market 2.88 Purchased shares - ADS 2.88 Total Public Offer of Shares Preferential right shares Enel Chile (2): Shares paid for by shareholders Total preferential right Merger with EGPL (3): Enel SpA shares 15.8 Total Merger with EGPL Repurchase of shares (4): Rights exercised for withdrawal by minority shareholders of Enel Chile Total repurchase of shares Number of issued shares in Enel Chile after merger Total number of capital shares issued Total number of own shares in portfolio Number of issued shares in Enel Chile after merger (1) The total amount associated with the issuance of these new shares was ThCh$649,730,695. (2) The payment made by minority shareholders of Enel Chile was ThCh$3,924,530. (3) The valuation of the capital increase due to the merger was ThCh$1,071,727,279. (4) The total amount paid for the share repurchase was ThCh$72,388,009. |
Summary of Dividends Paid | Dividends Dividend No. Type of Payment Date Pesos per Charged to 1 Final 05-24-2016 2.09338 2015 2 Interim 01-27-2017 0.75884 2016 3 Final 05-26-2017 2.47546 2016 4 Interim 01-26-2018 0.75642 2017 5 Final 05-18-2018 2.24134 2017 6 Interim 01-25-2019 0.45236 2018 |
Summary of Foreign Currency Translation Differences Attributable to Shareholders | The following table sets forth foreign currency translation adjustments attributable to the shareholders of the Company for the years ended December 31, 2018 and 2017 For the years ended December 31, 2018 2017 Reserves for Accumulated Currency Translation Differences ThCh$ ThCh$ GasAtacama Chile S.A. 302,222 6,416,189 GNL Chile S.A. 900,483 560,194 Enel Green Power Chile Group 100,452,131 — TOTAL 101,654,836 6,976,383 |
Summary of Other Reserves Within Equity | Other reserves within Equity attributable to Enel Chile for the years ended December 31, 2018 and 2017, are as follows: Balance at 2018 Changes Balance at Other reserves ThCh$ ThCh$ ThCh$ Exchange differences on translation (a) 6,976,383 94,678,453 101,654,836 Cash flow hedges (b) (32,849,736) (159,020,809) (191,870,545) Available-for-sale financial assets 11,284 (243) 11,041 Other miscellaneous reserves (c) (971,468,479) (1,313,999,417) (2,285,467,896) TOTAL (997,330,548) (1,378,342,016) (2,375,672,564) Balance at 2017 Changes Balance at Other reserves ThCh$ ThCh$ ThCh$ Exchange differences on translation (a) 9,222,933 (2,246,550) 6,976,383 Cash flow hedges (b) (76,218,470) 43,368,734 (32,849,736) Available-for-sale financial assets 9,955 1,329 11,284 Other comprehensive income from non-current assets held for sale (*) 1,632,724 (1,632,724) — Other miscellaneous reserves (c) (969,740,120) (1,728,359) (971,468,479) TOTAL (1,035,092,978) 37,762,430 (997,330,548) (*) See note 5. a) Exchange differences on translation: These reserves arise primarily from exchange differences relating to: (i) T ranslation of the financial statements of our subsidiaries from their functional currencies to our presentation currency (i.e. Chilean peso) (see Note 2.7.3). b) Cash flow hedging reserves: These reserves represent the cumulative effective portion of gains and losses recognized in cash flow hedges (see Note 3.g.5 and 3.h). c) Other miscellaneous reserves: The main items and their effects are the following: |
Summary of Non-controlling Interests | The detail of non-controlling interests is as follows: Non-controlling Interests Equity Profit (Loss) 12-31-2018 12-31-2018 12-31-2017 12-31-2016 12-31-2018 12-31-2017 12-31-2016 Companies % ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Enel Distribución Chile S.A. 0.91% 6,965,769 6,223,363 6,441,611 1,112,709 961,490 1,210,871 Enel Generación Chile S.A. 6.45% 127,136,175 784,999,394 680,725,188 42,883,953 167,465,216 173,299,349 Empresa Eléctrica Pehuenche S.A. 7.35% 10,310,215 9,963,472 10,008,502 6,885,422 5,649,253 6,512,893 Sociedad Agrícola de Cameros Ltda. 42.50% 2,342,160 2,596,764 2,636,470 (254,604) (39,706) (38,707) Geotermica del Norte SA 15.41% 53,693,407 — — (187,989) — — Empresa Nacional de Geotermia SA 49.00% 993,295 — — 41,780 — — Parque Eolico Talinay Oriente SA 38.63% 51,702,606 — — 662,374 — — Other (208,365) (205,346) (209,417) (5,825) (984) 126,845 TOTAL 252,935,262 803,577,647 699,602,354 51,137,820 174,035,269 181,111,251 |
Other Miscellaneous Reserves [Member] | |
Disclosure Of Shareholders Equity [Line Items] | |
Summary of Other Reserves Within Equity | a) The main items and their effects are the following: For the years ended 2018 2017 2016 Other Miscellaneous Reserves ThCh$ ThCh$ ThCh$ Reserve for corporate reorganization ("Spin-Off") (i) (534,057,733) (534,057,733) (532,330,290) Reserve for transition to IFRS (ii) (457,221,836) (457,221,836) (457,221,836) Reserve for subsidiaries transactions (iii) 12,502,494 12,502,494 12,502,494 Reserves for Tender Offer of Enel Generation "Reorganization of Renewable Assets" (iv) (910,437,224) — — Reserves "Reorganization of Renewable Assets" (v) (407,354,462) — — Other Miscellaneous Reserves (iv) 11,100,865 7,308,596 7,309,512 TOTAL (2,285,467,896) (971,468,479) (969,740,120) (i) Reserve for corporate reorganization (“Spin-Off”) : Corresponds to the effects from the corporate reorganization of the Company, as described in Note 1, and the separation of the foreign business in Enel Américas. This reserve includes the effect of the taxes that Enel Generación Chile (formerly named Endesa Chile) and Enel Distribución Chile (formerly named Chilectra Chile) paid in Peru for transferring their investments to Endesa Américas and Chilectra Américas. The tax payments made by Enel Generación Chile, in March 2016, and Enel Distribución Chile, in April 2016, were 577 million Soles (ThCh$100,978,571) and 74 million Soles (ThCh$15,193,186), respectively. The calculation basis for determining the tax corresponds to the difference between the market value of the investments, to the date of the transfer, and the cost of tax acquisition of the participations. The net economic effect on the opening equity was ThCh$90,274,727. It should be noted that, being directly linked to the split transaction, the accounting record of this tax has been made directly in equity, specifically in Other reserves, following the nature of the main transaction (transaction with shareholders), (See Notes 1 and 2). (ii) Reserve for transition to IFRS : In accordance with Official Bulletin No. 456 from the CMF, included in this line item is the monetary correction corresponding to the accumulated paid-up capital from the date of our transition to IFRS, January 1, 2004, to December 31, 2008. (iii) Reserve for subsidiaries transactions : Corresponds to the effect of acquisition of equity interests in subsidiaries entities under common control. (iv) Reserve Tender Offer Enel Generación "Reorganization" : Represents the difference between the book value of the non-controlling interests acquired as part of the Tender Offer directed at the acquisition of all the shares issued by the subsidiary Enel Generación (see Note 6.i). (v) Reserve "Reorganization" : Corresponds to the reserve constituted by the merger of Enel Green Power Latin America with Enel Chile, materialized on April 2, 2018. It represents the recognition of the resulting difference between the capital increase in Enel Chile (correspond to market value participation over Enel Green Power Chile and subsidiaries) and the carrying amount of Enel Green Power Latin America that became part of the share capital in the distributable net assets to the owners of Enel Chile, as a result of the merger (see Note 6. iii). (vi) Other miscellaneous reserves from transactions made in prior years. |
Revenue and Other Operating I_2
Revenue and Other Operating Income (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
REVENUE AND OTHER OPERATING INCOME | |
Summary of Revenues and Other Operating Income | The detail of revenues for the years ended December 31, 2018, 2017 and 2016, is as follows: For the years ended December 31, 2018 2017 2016 Revenues ThCh$ ThCh$ ThCh$ Energy sales 2,202,078,088 2,262,090,558 2,312,643,619 Generation 1,034,975,160 1,082,749,256 1,141,725,803 Regulated customers 643,494,066 726,166,640 805,079,958 Non-regulated customers 357,725,928 285,623,737 234,641,908 Spot market sales 33,755,166 70,958,879 102,003,937 Distribution 1,167,102,928 1,179,341,302 1,170,917,816 Residential 455,840,910 435,769,231 431,610,828 Business 378,092,990 386,608,105 379,037,776 Industrial 209,252,478 225,736,231 229,878,875 Other consumers (1) 123,916,550 131,227,735 130,390,337 Other sales 123,345,383 107,362,797 73,607,457 Natural gas sales 103,717,558 91,652,707 64,443,715 Sales of products and services 19,627,825 15,710,090 9,163,742 Revenue from other services 84,936,988 114,648,227 129,592,804 Tolls and transmission 20,311,403 39,812,005 51,014,073 Metering equipment leases 5,024,944 4,945,609 4,555,779 Public lighting 12,181,969 13,449,852 12,660,894 Engineering and consulting services 10,027,472 3,414,472 14,304,336 Services for construction of junctions 14,711,796 15,514,433 14,359,194 Works in specific facilities and networks 8,425,251 13,932,537 21,397,176 Other services 14,254,153 23,579,319 11,301,352 Total Revenues 2,410,360,459 2,484,101,582 2,515,843,880 Other Operating Income ThCh$ ThCh$ ThCh$ Commodity derivatives 9,819,777 20,328,649 10,794,682 Other income (2) 36,981,190 18,548,051 14,928,257 Total other income 46,800,967 38,876,700 25,722,939 (1) For the year ended December 31, 2018, it includes revenues from energy sales to municipalities of ThCh$36,878,861; government entities of ThCh$20,246,633; agricultural sector entities of ThCh$6,173,077, and other of ThCh$60,617,979. For the year ended December 31, 2017, it includes revenues from energy sales to municipalities of ThCh$36,165,698; government entities of ThCh$20,080,121; agricultural sector entities of ThCh$5,811,319; and other of ThCh$69,170,597. For the year ended December 31, 2018, this includes Central Tarapacá indemnization for ThCh$21,987,899, (ThCh$0 for 2017), recovery of revenue from customers with unrecorded consumption for ThCh$2,847,740 (ThCh$1,968,203 for 2017), late payment income for ThCh$675,202 (ThCh$1,299,470 for 2017), and other income for ThCh$11,470,349 (ThCh$15,280,378 for 2017). |
Raw Materials and Consumables_2
Raw Materials and Consumables Used (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
RAW MATERIALS AND CONSUMABLES USED. | |
Schedule of Raw Materials and Consumables Used | The detail of raw materials and consumables used for the years ended December 31, 2018, 2017 and 2016, is as follows: For the years ended December 31, 2018 2017 2016 Raw materials and consumables used ThCh$ ThCh$ ThCh$ Energy purchases (747,646,603) (902,434,871) (891,746,884) Fuel consumption (231,028,169) (280,739,362) (295,148,838) Transportation costs (166,875,801) (155,879,249) (195,123,118) Other raw materials and consumables (146,626,543) (175,733,439) (115,400,740) Total (1,292,177,116) (1,514,786,921) (1,497,419,580) |
Employee Benefits Expense (Tabl
Employee Benefits Expense (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
EMPLOYEE BENEFITS EXPENSE. | |
Summary of Employee Expenses | Employee expenses for the years ended December 31, 2018, 2017 and 2016, are as follows: For the years ended December 31, 2018 2017 2016 Employee Benefits Expense ThCh$ ThCh$ ThCh$ Wages and salaries (102,897,710) (100,653,880) (100,938,761) Post-employment benefit obligations expense (1,881,202) (2,091,205) (1,899,660) Social security and other contributions (13,405,944) (13,150,402) (21,260,007) Other employee expenses (4,945,478) (5,608,290) — Total (123,130,334) (121,503,777) (124,098,428) |
Depreciation, Amortization an_2
Depreciation, Amortization and Impairment Losses (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
DEPRECIATION, AMORTIZATION AND IMPAIRMENT LOSSES. | |
Summary of Depreciation, Amortization and Impairment losses | The detail of depreciation, amortization and impairment losses for the years ended December 31, 2018, 2017 and 2016, are as follows: For the years ended December 31, 2018 2017 2016 ThCh$ ThCh$ ThCh$ Depreciation (202,971,892) (145,873,065) (155,826,620) Amortization (12,215,408) (6,811,041) (5,833,990) Subtotal (215,187,300) (152,684,106) (161,660,610) Impairment (Losses) Reversals (*) (5,562,897) (7,937,817) (35,926,710) Total (220,750,197) (160,621,923) (197,587,320) For the years ended December 31, Generation Distribution Other Total 2018 2017 2016 2018 2017 2016 2018 2017 2016 2018 2017 2016 (*) Impairment Losses ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Impairment losses of financial assets (See Note 11.d) (100,900) 55,494 — (4,676,808) (7,993,311) (5,141,179) — — — (4,777,708) (7,937,817) (5,141,179) Investment property (See Note 1.p and 19) — — — — (779,825) — — (779,825) — — Impairment losses of other assets (5,364) — (30,785,531) — — — — — — (5,364) — (30,785,531) Total (106,264) 55,494 (30,785,531) (4,676,808) (7,993,311) (5,141,179) (779,825) — — (5,562,897) (7,937,817) (35,926,710) |
Other Expenses (Tables)
Other Expenses (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
OTHER EXPENSES | |
Summary of Other Miscellaneous Operating Expenses | Other miscellaneous operating expenses for the years ended December 31, 2018, 2017 and 2016, are as follows: For the years ended December 31, 2018 2017 2016 Other Expenses ThCh$ ThCh$ ThCh$ Other supplies and services (22,910,010) (17,064,008) (23,962,717) Professional, outsourced and other services (43,762,468) (58,622,123) (55,571,694) Repairs and maintenance (49,671,615) (13,999,283) (11,030,522) Indemnities and fines (455,825) (776,011) (3,046,557) Taxes and charges (4,415,819) (5,105,235) (4,972,995) Insurance premiums (15,794,761) (13,277,718) (17,148,278) Leases and rental costs (4,494,358) (2,969,436) (3,250,503) Marketing, public relations and advertising (2,440,070) (2,501,027) (3,736,414) Written-off Huechún and Chillán projects (*) — — (36,480,223) Written-off projects in progress (*) — (25,105,911) — Other supplies (10,774,808) (11,188,148) (6,132,681) Travel expenses (2,825,604) (3,445,944) (3,190,662) Environmental expenses (9,664,683) (7,769,230) (2,245,891) Total (167,210,021) (161,824,074) (170,769,137) (*) |
Other Gains (Losses) (Tables)
Other Gains (Losses) (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
OTHER GAINS (LOSSES) | |
Summary of Other gains (losses) | Other gains (losses) for the years ended December 31, 2018, 2017 and 2016, are as follows: For the years ended December 31, 2018 2017 2016 Other Gains (Losses) ThCh$ ThCh$ ThCh$ Gain on sale of GNL Quintero S.A. (**) — — 121,325,018 Gain on sale of Electrogas (*) — 105,311,912 — Gain on sale of assets 3,024,549 7,779,531 — Other 385,830 149,753 165,044 Total 3,410,379 113,241,196 121,490,062 (*) (**) |
Financial Results (Tables)
Financial Results (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
FINANCIAL RESULTS. | |
Summary of Financial Income and Costs | Financial income and costs for the years ended December 31, 2018, 2017 and 2016, are as follows: For the years ended December 31, 2018 2017 2016 Financial Income ThCh$ ThCh$ ThCh$ Income from deposits and other financial instruments 9,612,575 8,377,023 5,733,428 Interests charged to customers in energy accounts and billing 7,140,984 8,556,587 — Other financial income 3,180,909 4,729,078 17,372,473 Total Financial Income 19,934,468 21,662,688 23,105,901 For the years ended December 31, 2018 2017 2016 Financial Costs ThCh$ ThCh$ ThCh$ Financial Costs (122,184,189) (53,510,882) (58,199,382) Bank loans (20,701,774) (12,585) (2,034,277) Secured and unsecured obligations (62,255,300) (42,708,253) (44,268,489) Financial leasing (739,069) (811,172) (780,953) Valuation of financial derivatives 1,183,228 (1,067,820) (824,922) Financial provisions (1) (3,176,001) (2,347,087) (2,551,211) Post-employment benefit obligations (2) (2,750,376) (2,678,300) (2,517,406) Debt formalization expenses and other associated expenses (9,373,412) (836,174) — Capitalized borrowing costs 6,435,646 4,078,463 3,001,211 Other financial costs (3) (30,807,131) (7,127,954) (8,223,335) Loss from indexed assets and liabilities (*) (818,146) 916,666 1,631,840 Foreign currency exchange differences (**) (7,807,197) 8,516,874 12,978,471 Total Financial Costs (130,809,532) (44,077,342) (43,589,071) Total Financial Results (110,875,064) (22,414,654) (20,483,170) (1) See note 25. (2) See note 26. (3) For the year ended December 31, 2018, interest cost of ThCh$23,253,535 were incurred with Enel Finance International NV (ThCh$0 in 2017). |
Summary of Effects on Exchange Differences and Application of Indexed Assets and Liabilities | For the years ended December 31, 2018 2017 2016 Profit (losses) from Indexed Assets and Liabilities (*) ThCh$ ThCh$ ThCh$ Other financial assets 7,676,500 4,659,933 7,237,000 Trade and other receivables 1,197,498 155,158 1,077,086 Current tax assets and liabilities 3,469,752 1,654,538 2,349,415 Other financial liabilities (financial debt and derivative instruments) (9,390,716) (5,551,163) (9,014,858) Trade and other payables 15,145 (1,800) (16,803) Result for hyperinflation (1) (3,786,325) — — Total (818,146) 916,666 1,631,840 For the years ended December 31, 2018 2017 2016 Foreign Currency Exchange Differences (**) ThCh$ ThCh$ ThCh$ Cash and cash equivalents (415,962) 2,931,086 240,451 Other financial assets 5,733,173 10,895,862 25,476,638 Trade and other receivables 191,946 390,764 2,595,997 Current tax assets and liabilities (1,903,963) (188,270) — Other financial liabilities (financial debt and derivative instruments) (5,726,246) (4,358,937) (18,538,354) Trade and other payables (5,379,210) (1,152,505) 3,203,739 Other non-financial liabilities (306,935) (1,126) — Total (7,807,197) 8,516,874 12,978,471 (1) Financial Reporting in Hyperinflationary Economies on the branch owned by GasAtacama Group in Argentina (See Note 7) |
Information by Segment (Tables)
Information by Segment (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
INFORMATION BY SEGMENT | |
Summary of Assets and Liabilities by Segment | The following tables present details of this information by segment: 35.2 Generation, distribution and others Generation Distribution Holdings, eliminations and others Total 12-31-2018 12-31-2017 12-31-2018 12-31-2017 12-31-2018 12-31-2017 12-31-2018 12-31-2017 Line of Business ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ASSETS CURRENT ASSETS 997,843,912 658,599,127 296,453,471 261,378,069 (297,349,611) 135,159,356 996,947,772 1,055,136,552 Cash and cash equivalents 155,591,949 211,027,141 4,969,412 42,594,390 84,610,563 165,834,495 245,171,924 419,456,026 Other current financial assets 39,507,485 20,523,276 62,226 61,887 733,462 41,899 40,303,173 20,627,062 Other current non-financial assets 14,074,044 13,136,459 5,648,807 4,940,347 2,683,237 709,085 22,406,088 18,785,891 Trade and other current receivables 254,374,451 207,208,820 218,310,327 195,505,229 5,485,289 4,254,488 478,170,067 406,968,537 Current accounts receivable from related companies 422,492,265 109,797,820 59,827,152 6,305,806 (428,148,357) (44,247,580) 54,171,060 71,856,046 Inventories 48,221,915 31,740,903 3,528,174 3,049,576 5,211,554 4,896,463 56,961,643 39,686,942 Current tax assets 63,581,803 65,164,708 4,107,373 8,920,834 32,074,641 3,670,506 99,763,817 77,756,048 Non-current assets classified as held for sale — — — — — — — — NON-CURRENT ASSETS 4,625,205,545 2,895,863,063 982,926,699 893,633,579 882,940,148 850,139,814 6,491,072,392 4,639,636,456 Other non-current financial assets 6,554,114 33,391,398 26,410 26,806 689,145 — 7,269,669 33,418,204 Other non-current non-financial assets 42,006,844 12,853,460 2,600,071 959,679 1,097 — 44,608,012 13,813,139 Trade and other non-current receivables 1,565,812 1,032,922 41,993,899 34,272,234 16,968,132 877,243 60,527,843 36,182,399 Investments accounted for using the equity method 12,873,531 16,912,454 — — — — 12,873,531 16,912,454 Intangible assets other than goodwill 68,776,401 18,607,972 41,963,796 34,236,891 4,632,196 2,326,041 115,372,393 55,170,904 Goodwill 32,500,603 24,860,356 2,240,478 2,240,478 880,303,644 860,156,821 915,044,725 887,257,655 Property, plant and equipment 4,442,872,809 2,788,204,501 893,246,804 821,234,672 (27,471,980) (23,752,036) 5,308,647,633 3,585,687,137 Investment property — — — — 7,557,356 8,356,772 7,557,356 8,356,772 Deferred tax assets 18,055,431 — 855,241 662,819 260,558 2,174,973 19,171,230 2,837,792 TOTAL ASSETS 5,623,049,457 3,554,462,190 1,279,380,170 1,155,011,648 585,590,537 985,299,170 7,488,020,164 5,694,773,008 Generation Distribution Holdings, eliminations and others Total 12-31-2018 12-31-2017 12-31-2018 12-31-2017 12-31-2018 12-31-2017 12-31-2018 12-31-2017 Line of Business ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ LIABILITIES AND EQUITY CURRENT LIABILITIES 909,428,562 543,356,500 450,182,594 408,687,871 (142,147,004) (135,227,725) 1,217,464,152 816,816,646 Other current financial liabilities 196,141,320 18,815,434 2 14 214,524,493 — 410,665,815 18,815,448 Trade and other current payables 317,337,886 309,883,528 156,939,551 176,411,186 80,008,887 69,683,804 554,286,324 555,978,518 Current accounts payable to related companies 337,986,306 122,862,944 258,410,862 207,909,593 (438,460,843) (211,159,565) 157,936,325 119,612,972 Other current provisions 5,195,377 5,296,635 — — 393,409 339,536 5,588,786 5,636,171 Current tax liabilities 12,563,801 66,933,261 5,114,119 94,246 — — 17,677,920 67,027,507 Other current non-financial liabilities 40,203,872 19,564,698 29,718,060 24,272,832 1,387,050 5,908,500 71,308,982 49,746,030 NON-CURRENT LIABILITIES 1,846,575,202 1,022,091,736 63,065,351 61,965,918 686,751,678 6,937,051 2,596,392,231 1,090,994,705 Other non-current financial liabilities 1,028,833,254 781,978,145 — — 677,000,249 — 1,705,833,503 781,978,145 Trade and other non-current payables 2,556,521 632,642 27,172 27,182 487 — 2,584,180 659,824 Non-current accounts payable to related companies 447,193,802 318,518 — — — — 447,193,802 318,518 Other long-term provisions 91,898,262 63,992,567 13,973,113 14,430,270 — — 105,871,375 78,422,837 Deferred tax liabilities 260,950,163 160,293,916 21,335,014 18,786,185 (4,205,123) (6,856,420) 278,080,054 172,223,681 Non-current provisions for employee benefits 15,143,200 14,875,948 27,503,399 28,412,505 13,956,065 13,793,471 56,602,664 57,081,924 Other non-current non-financial liabilities — — 226,653 309,776 — — 226,653 309,776 EQUITY 2,867,045,693 1,989,013,954 766,132,225 684,357,859 40,985,863 1,113,589,844 3,674,163,781 3,786,961,657 Equity attributable to Enel Chile 2,867,045,693 1,989,013,954 766,132,225 684,357,859 40,985,863 1,113,589,844 3,421,228,519 2,983,384,010 Issued capital 1,137,185,366 552,777,321 230,137,980 230,137,980 2,587,168,133 1,446,193,674 3,954,491,479 2,229,108,975 Retained earnings 1,626,928,911 1,398,018,156 852,296,368 769,928,443 (564,427,666) (416,341,016) 1,914,797,613 1,751,605,583 Share Premium 85,511,492 85,511,492 354,220 354,220 (85,865,712) (85,865,712) — — Treasury shares — — — (72,388,009) — (72,388,009) Other reserves 17,419,924 (47,293,015) (316,656,343) (316,062,784) (1,823,500,883) 169,602,898 (2,375,672,564) (997,330,548) Non-controlling interests — — — — — — 252,935,262 803,577,647 Total Liabilities and Equity 5,623,049,457 3,554,462,190 1,279,380,170 1,155,011,648 585,590,537 985,299,170 7,488,020,164 5,694,773,008 |
Summary of Comprehensive Income by Segment | Generation Distribution Holdings, eliminations and others Total 12-31-2018 12-31-2017 12-31-2016 12-31-2018 12-31-2017 12-31-2016 12-31-2018 12-31-2017 12-31-2016 12-31-2018 12-31-2017 12-31-2016 Line of Business ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ STATEMENT OF COMPREHENSIVE INCOME REVENUES AND OTHER OPERATING INCOME 1,580,653,088 1,634,937,087 1,659,727,329 1,263,224,072 1,326,658,860 1,315,760,852 (386,715,734) (438,617,665) (433,921,362) 2,457,161,426 2,522,978,282 2,541,566,819 Revenues 1,540,352,133 1,599,032,140 1,639,959,816 1,254,943,604 1,322,422,609 1,310,175,226 (384,935,278) (437,353,167) (434,291,162) 2,410,360,459 2,484,101,582 2,515,843,880 Energy sales 1,425,942,129 1,457,671,722 1,516,688,442 1,170,129,333 1,180,426,814 1,172,700,558 (393,993,374) (376,007,978) (376,745,382) 2,202,078,088 2,262,090,558 2,312,643,618 Other sales 103,779,801 94,452,287 64,638,599 16,411,425 12,741,568 8,968,859 3,154,157 168,942 — 123,345,383 107,362,797 73,607,458 Other services rendered 10,630,203 46,908,131 58,632,775 68,402,846 129,254,227 128,505,809 5,903,939 (61,514,131) (57,545,780) 84,936,988 114,648,227 129,592,804 Other operating income 40,300,955 35,904,947 19,767,513 8,280,468 4,236,251 5,585,626 (1,780,456) (1,264,498) 369,800 46,800,967 38,876,700 25,722,939 RAW MATERIALS AND CONSUMABLES USED (709,506,221) (903,978,006) (895,060,114) (972,499,918) (1,055,708,050) (1,042,329,385) 389,829,023 444,899,135 439,969,919 (1,292,177,116) 0 (1,514,786,921) 0 (1,497,419,580) Energy purchases (213,114,437) (346,954,692) (335,731,822) (926,385,346) (938,067,783) (936,965,119) 391,853,181 382,587,604 380,950,057 (747,646,602) 0 (902,434,871) 0 (891,746,884) Fuel consumption (231,028,169) (280,739,362) (295,148,838) — — — — — — (231,028,169) 0 (280,739,362) 0 (295,148,838) Transportation expenses (154,044,158) (152,869,838) (192,502,995) (9,816,883) (63,009,956) (60,454,433) (3,014,761) 60,000,545 57,834,310 (166,875,802) 0 (155,879,249) 0 (195,123,118) Other miscellaneous supplies and services (111,319,457) (123,414,114) (71,676,459) (36,297,689) (54,630,311) (44,909,833) 990,603 2,310,986 1,185,552 (146,626,543) 0 (175,733,439) 0 (115,400,740) CONTRIBUTION MARGIN 871,146,867 730,959,081 764,667,215 290,724,154 270,950,810 273,431,467 3,113,289 6,281,470 6,048,557 1,164,984,310 1,008,191,361 1,044,147,239 Other work performed by the entity and capitalized 8,663,737 7,226,484 9,758,304 6,667,947 6,630,130 6,338,547 1,379,279 532,373 1 16,710,963 14,388,987 16,096,852 Employee benefits expense (61,991,737) (54,222,470) (60,350,072) (32,598,818) (38,449,551) (35,557,457) (28,539,779) (28,831,756) (28,190,899) (123,130,334) (121,503,777) (124,098,428) Other expenses (104,190,567) (102,821,020) (119,303,215) (64,179,201) (61,942,592) (52,077,948) 1,159,747 2,939,538 612,026 (167,210,021) (161,824,074) (170,769,137) GROSS OPERATING INCOME 713,628,300 581,142,075 594,772,232 200,614,082 177,188,797 192,134,609 (22,887,464) (19,078,375) (21,530,315) 891,354,918 739,252,497 765,376,526 Depreciation and amortization expense (179,901,682) (117,337,553) (132,600,381) (36,677,957) (36,685,324) (30,399,304) 1,392,339 1,338,771 1,339,075 (215,187,300) (152,684,106) (161,660,610) Impairment losses (reversal of impairment losses) recognized in profit or loss (106,264) 55,494 (30,785,531) (4,676,808) (7,993,311) (5,141,179) (779,825) — — (5,562,897) (7,937,817) (35,926,710) OPERATING INCOME 533,620,354 463,860,016 431,386,320 159,259,317 132,510,162 156,594,126 (22,274,950) (17,739,604) (20,191,240) 670,604,721 578,630,574 567,789,206 FINANCIAL RESULT (86,621,659) (36,610,248) (35,678,632) 6,088,801 6,411,837 8,579,316 (30,342,206) 7,783,757 6,616,146 (110,875,064) (22,414,654) (20,483,170) Financial income 8,727,356 5,273,672 6,150,751 11,166,433 12,894,635 14,289,185 40,679 3,494,381 2,665,965 19,934,468 21,662,688 23,105,901 Cash and cash equivalents 5,673,621 3,077,708 2,150,797 1,633,373 1,975,564 1,680,365 2,305,581 3,323,751 — 9,612,575 8,377,023 3,831,162 Other financial income 3,053,735 2,195,964 3,999,954 9,533,060 10,919,071 12,608,820 (2,264,902) 170,630 2,665,965 10,321,893 13,285,665 19,274,739 Financial costs (82,878,715) (50,851,829) (55,701,778) (6,724,490) (7,094,366) (6,488,659) (32,580,984) 4,435,313 3,991,055 (122,184,189) (53,510,882) (58,199,382) Bank borrowings (9,269,535) (261) (2,033,835) (5,374) (12,299) (476) (11,426,865) (25) — (20,701,774) (12,585) (2,034,311) Secured and unsecured obligations (43,965,839) (42,708,253) (44,268,489) — — — (18,289,461) — — (62,255,300) (42,708,253) (44,268,489) Other (29,643,341) (8,143,315) (9,399,454) (6,719,116) (7,082,067) (6,488,183) (2,864,658) 4,435,338 3,991,055 (39,227,115) (10,790,044) (11,896,582) Profit (loss) from indexed assets and liabilities (2,480,291) 145,608 606,075 1,616,607 761,262 974,891 45,538 9,796 50,874 (818,146) 916,666 1,631,840 Foreign currency exchange differences (9,990,009) 8,822,301 13,266,320 30,251 (149,694) (196,101) 2,152,561 (155,733) (91,748) (7,807,197) 8,516,874 12,978,471 Positive 26,031,044 19,563,838 48,546,664 209,555 58,288 609,359 3,851,302 134,942 65,643 30,091,901 19,757,068 49,221,666 Negative (36,021,053) (10,741,537) (35,280,344) (179,304) (207,982) (805,460) (1,698,741) (290,675) (157,391) (37,899,098) (11,240,194) (36,243,195) Share of profit of associates accounted for using the equity method 3,190,240 (2,696,904) 7,878,201 — — 1,818 — — (1,819) 3,190,240 (2,696,904) 7,878,200 Other gains (losses) 3,434,503 113,088,869 121,490,974 — 157,458 (831) (24,124) (5,131) (81) 3,410,379 113,241,196 121,490,062 Gain (loss) from other investments 409,954 105,462,769 121,457,430 — 4,026 (831) (24,124) (5,131) (81) 385,830 105,461,664 121,456,518 Gain (loss) from the sale of property, plant and equipment 3,024,549 7,626,100 33,544 — 153,432 — — — — 3,024,549 7,779,532 33,544 Income before tax 453,623,438 537,641,733 525,076,863 165,348,118 139,079,457 165,174,429 (52,641,280) (9,960,978) (13,576,994) 566,330,276 666,760,212 676,674,298 Income tax (113,783,941) (112,099,519) (83,216,935) (42,967,123) (34,030,322) (32,589,362) 3,268,545 2,787,540 4,403,115 (153,482,519) (143,342,301) (111,403,182) Net income from continuing operations 339,839,497 425,542,214 441,859,928 122,380,995 105,049,135 132,585,067 (49,372,735) (7,173,438) (9,173,879) 412,847,757 523,417,911 565,271,116 Net income from discontinued operations — — — — — — — — — — — — NET INCOME 339,839,497 425,542,214 441,859,928 122,380,995 105,049,135 132,585,067 (49,372,735) (7,173,438) (9,173,879) 412,847,757 523,417,911 565,271,116 Net income attributable to: 339,839,497 425,542,214 441,859,928 122,380,995 105,049,135 132,585,067 (49,372,735) (7,173,438) (9,173,879) 412,847,757 523,417,911 565,271,116 Shareholders of Enel Chile — — — — — — — — — 361,709,937 349,382,642 384,159,865 Non-controlling interests — — — — — — — — — 51,137,820 174,035,269 181,111,251 |
Summary of Cash Flow by Segment | Generation Distribution Holdings, eliminations and others Total 12-31-2018 12-31-2017 12-31-2016 12-31-2018 12-31-2017 12-31-2016 12-31-2018 12-31-2017 12-31-2016 12-31-2018 12-31-2017 12-31-2016 Line of Business ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ STATEMENT OF CASH FLOWS Cash flows from (used in) operating activities 638,607,494 488,167,382 490,177,558 117,692,384 170,628,958 148,354,968 (20,774,356) (23,182,620) (23,847,670) 735,525,522 635,613,720 614,684,856 Cash flows from (used in) investing activities (451,284,432) (91,867,647) (34,631,759) (123,070,452) (74,464,531) (55,007,620) (1,307,204,810) 19,866,401 26,150,787 (1,881,559,694) (146,465,777) (63,488,592) Cash flows from (used in) financing activities (249,051,150) (301,835,211) (374,835,378) (32,268,227) (76,923,085) (88,519,047) 1,247,896,253 61,162,775 17,487,453 966,576,876 (317,595,521) (445,866,972) |
Third Party Guarantees, Other_2
Third Party Guarantees, Other Contingent Assets and Liabilities, and Other Commitments (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
PROVISIONS | |
Summary of Indirect Guarantees | Debtor Outstanding balance as of Type Contract Maturity Creditor of Guarantee Company Relationship Type of Guarantee Currency 12-31-2018 12-31-2017 Secured Bonds Serie B (1) October 2028 Bondholders of Enel Américas' Bonds Enel Américas S.A. Entities demerged from original debtor Enersis S.A. (codebtor Enel Chile S.A.) (1) Codebtor USD 22,798 31,294 Aval Credit Opening Agreement September 2019 Bilbao Viscaya Argentina Bank, Chile Enel Green Power Chile Limitada Subsidiary Codebtor USD 100,000 Aval Credit Opening Agreement December 2020 Bilbao Viscaya Argentina Bank, Chile Enel Green Power Chile Limitada Subsidiary Codebtor USD 150,000 Aval Credit Opening Agreement December 2021 Bilbao Viscaya Argentina Bank, Chile Empresa Electrica Panguipulli S.A Subsidiary Codebtor USD 150,000 (1) As a result of the Enersis’ Spin-Off and in accordance with the bond indenture, all entities arising from the demerger are liable for the debt, regardless that the payment obligation remains in Enel Américas S.A. |
Personnel Figures (Tables)
Personnel Figures (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
PERSONNEL FIGURES | |
Summary of Number of Employees | The Company’s personnel as of December 31, 2018 and 2017, is distributed as follows: December 31, 2018 Country Managers and key executives Professionals and Technicians Staff and Total Annual Chile 57 1,824 155 2,036 2,070 Argentina — 7 19 26 26 Total 57 1,831 174 2,062 2,096 December 31, 2017 Country Managers Professionals and Technicians Staff and Total Annual Chile 63 1,747 113 1,923 1,968 Argentina — 23 2 25 25 Total 63 1,770 115 1,948 1,993 |
Environment (Tables)
Environment (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
ENVIRONMENT | |
Summary of Environmental Expenses | 12-31-2018 12-31-2017 Company Incurring the Cost Name Project Project Status Total Amounts Expenses Disbursement Estimated Total Total Pehuenche Hydroelectric Central Environmental Expenditures C.H. Pehuenche E E Pehuenche S.A. Supply of flow measurement equipment. In progress 48,574 48,574 — — — 48,574 6,787 Studies, monitoring, laboratory analysis, removal and final disposal of solid waste at hydroelectric power stations (HPS), thermoelectric power stations and combine cycle power stations. In progress 62,560 — 62,560 — 62,560 - Enel Distribución Chile S.A. Vegetation Control In Redesat It consists of cutting branches until the safety conditions to which the foliage must be left with respect to the drivers. In progress 134,394 — 134,394 19,654 154,048 306,419 Pruning of trees near the medium voltage network In progress 5,790,042 2,472,768 3,317,274 502,599 31/03/2019 6,292,641 Management Respel Dangerous waste management Finished 1,780 — 1,780 — 30/06/2018 1,780 Environmental management in Ssee The service consists of the maintenance of green areas with replacement of species and turf in Enel substations enclosures Finished 15,383 — 15,383 36,633 31/12/2018 52,016 The service consists in the weeding and control of weeds in electric power substations in order to keep the enclosures free of weeds, ensuring a good operation of these facilities. In progress 46,339 — 46,339 568 31/03/2018 46,907 ENVIRONMENTAL PERMITS Environmental Impact Statement: 1) New Lampa Sectioning Substation and 2) Ochagavia - Florida Line, Sanjon La Aguada Section In progress 1,767 1,767 — 5,203 31/03/2019 6,970 VEGETATION CONTROL IN MT / BT NETWORKS Improvement in the traditional network by calpe (pre-assembled aluminum cable) In progress 19,416 19,416 — 373,059 31/03/2019 392,475 IMPROVEMENTS IN THE MT NETWORK Network replacement for weardown MT protected cable In progress 158,086 158,086 - 18,056 31/03/2019 176,142 CHANGE OF TRAD X CALPE NETWORK Traditional network replacement by Calpe (Pre-assembled aluminum cable) BT In progress 851,792 851,792 - 530,712 31/03/2019 1,382,504 REPLACEMENT TD DAE CONCENTRICA X TD. TRIF. RED CALPE Concentrical network replacement by Calpe (Pre-assembled aluminum cable) BT In progress 712,455 712,455 — 295,961 31/03/2019 1,008,416 REPLACE TRIFAS TRANSFORMERS MEJ QUALITY BT Replacement of transformers with chargeability problems 1,288,155 1,288,155 — 1,353,909 31/03/2019 2,642,064 ENVIRONMENTAL MANAGEMENT Environmental Management of Reforestation in Cerro Chena and Metropolitan Park. 5,831 - 5,831 803 31/03/2019 6,634 Removal of Asbestos from Underground Cables Removal of flame retardant tape with asbestos from the underground network MT. In progress 265,577 146,300 119,277 118,337 31/03/2019 383,914 203,724 Gas Atacama Chile Environmental monitoring Environmental monitoring with SK Ecología operation and maintenance CEMS. In progress 797,543 — 797,543 — 797,543 1,463,204 Standardization Cems Normalización bodegas, gestión ambiental. In progress 645,302 645,302 — — 645,302 1,021,630 Hydraulic power stations Waste management and sanitation In progress 11,567 - 11,567 11,567 Enel Generación Chile S.A. ENVIRONMENTAL EXPENSES CC.TT. The main expenses incurred are: Bocamina U1-2: Operation and maintenance monitoring of air and meteorological quality stations, Environmental audit, monitoring network 1 a year, Annual CEMS Validation, Biomass Protocol Service, Environmental Materials (magazine, books), Isokinetic Measurements , SGI Works (Objective NC, inspections, audits and inspection) ISO 14001, OHSAS certification, Operation and Maintenance Service CEMS. In progress 2,102,056 — 2,102,056 — 2,102,056 1,252,355 Studies, monitoring, laboratory analysis, removal and final disposal of solid waste in thermoelectric plants (C.T.) In progress 2,867,523 — 2,867,523 — 2,867,523 251,277 ENVIRONMENTAL EXPENSES CC.HH. Studies, monitoring, laboratory analysis, removal and final disposal of solid waste in hydroelectric power plants (C.H.) In progress 183,156 — 183,156 — 183,156 870,281 C.H. Ralco Plan Ralco: Reforestation according to Agreement with the Catholic University and Electrification of housing in Ayin Maipu In progress 4,542,216 4,542,216 — — 4,542,216 5,075,137 Central Quintero CEMS Central Quinteros In progress 417,194 417,194 — — 417,194 1,290,133 Total 20,968,708 11,304,025 9,664,683 3,255,494 24,224,202 11,740,947 12-31-2017 Company Incurring the Cost Name Project Project Status Total Amounts Expenses Disbursement Estimated Total Pehuenche Hydroelectric Central Environmental Expenditures Studies, monitoring, laboratory analysis, removal and final disposal of solid waste at hydroelectric power stations (HPS), thermoelectric power stations and combine cycle power stations. In progress 6,786 — 6,786 — 6,787 Enel Distribución Chile S.A. Vegetation Control In Redesat This activity contemplates the maintenance of the band of easement of high voltage lines between 34,5 y 500kv. In progress 306,419 — 306,419 — 12/31/2017 306,419 Management Respel Dangerous waste management Finished 265 — 265 — 9/30/2017 265 Environmental management in Ssee Tree maintenance of SSEE and removal of brush, debris and garbage, outer perimeter. In progress 239,285 — 239,285 18,644 257,929 Consider all the environmental work that is done inside and outside of SSEE, as fumigation, placement and/or repair of rodent baits, irrigation system repair, waste removal, environmental inspections, garden Finished 46,771 — 46,771 — 12/31/2017 46,771 Improvements in the Network M T/Bt Traditional network replacement by protected, concentric, other Finished 3,066,846 3,066,846 — 1,957,246 9/30/2017 5,024,092 Environmental Permits Baseline for Environmental Impact Study, execution RCA and normative, preparation of reports and sectoral permits. In progress 68,001 68,001 — 34,811 3/31/2018 102,812 Vegetation Control in Networks Mt/Bt Pruning of trees near the media network and low voltage. In progress 3,313,454 — 3,313,454 — 12/31/2017 3,313,454 Noise Control Noise measurement and electromagnetic fields in substation, lines and other facilities. In progress 786 — 786 — 12/31/2017 786 Asbestos Removal from Underground Cables Removal of fireproof tape with asbestos from the underground network MT. In progress 166,434 166,434 — 37,290 12/31/2017 203,724 Arborizations of Substations and Sat Line Forest management plans, reforestations, construction and maintenance of tree-lined belts in substation. In progress 251,740 251,740 — 20,390 12/31/2017 272,130 Gas Atacama Chile Environmental monitoring Environmental monitoring with SK Ecología operation and maintenance CEMS. In progress 1,463,204 — 1,463,204 — 1,463,204 Standardization Cems Normalización bodegas, gestión ambiental. In progress 1,021,630 1,021,630 — — 1,021,630 Eolica Canela Environmental expenditures in power plants Water quality analysis and monitoring and Higenization Canela In progress 18,347 — 18,347 — 18,347 Enel Generación Chile S.A. Environmental costs in combined cycle plants The main expenses incurred are: Bocamina U1-2: Operation and maintenance, monitoring stations air quality and meteorology, In progress 1,252,355 — 1,252,355 — 1,252,355 Environmental costs in thermal plants Studies, monitoring, laboratory analysis, retirement and final disposal of solid waste in thermoelectric plants (C.T.) In progress 870,281 — 870,281 — 870,281 Environmental costs in hydroelectric plants Studies, monitoring, laboratory analysis, retirement and final disposal of solid waste in hydroelectric power plants (C.H.) In progress 251,277 — 251,277 — 251,277 Ralco Hydroelectric Plant Reforestation according to the agreement with the Catholic University and Electrification of housing in Ayin Maipu. In progress 5,075,137 5,075,137 — — 5,075,137 Tal Tal Thermal Plant Dejection Nox TalTal: Engineering Civil Works and permits In progress 1,290,133 1,290,133 — — 1,290,133 El Toro Hydroelectric Plant Withdrawal Domestic and Industrial Waste In progress — — — — — Total 18,709,151 10,939,921 7,769,230 2,068,381 20,777,533 |
Summarized Financial Informat_2
Summarized Financial Information of Subsidiaries (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
SUMMARIZED FINANCIAL INFORMATION OF SUBSIDIARIES | |
Summary of Financial Information on Subsidiaries | As of December 31, 2018 and 2017, summarized financial information of our principal subsidiaries is as follows: December 31, 2018 Type of Financial Current Non-Current Total Assets Current Non-Current Equity Total Equity and Liabilities Revenues Raw Materials and Contribution Gross Operating Income Operating Financial Income Income Profit Other Comprehensive Income Total Comprehensive Income Statements ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Grupo Enel Distribución Chile Consolidated 296,453,470 982,926,699 1,279,380,169 450,182,594 63,065,351 766,132,224 1,279,380,169 1,263,224,070 (972,499,916) 290,724,154 200,614,083 159,259,319 6,088,801 165,348,120 (42,967,123) 122,380,997 (600,422) 121,780,574 Enel Generación Chile Separate 548,220,314 2,725,004,288 3,273,224,602 569,928,285 938,139,971 1,765,156,347 3,273,224,603 1,454,348,386 (1,051,644,602) 402,703,784 300,148,133 226,154,177 (49,980,539) 378,187,852 (42,255,124) 335,932,728 (101,720,204) 234,212,523 Enel Distribución Chile Separate 288,632,068 975,441,251 1,264,073,319 424,550,547 62,721,352 776,801,421 1,264,073,320 1,259,689,827 (971,366,398) 288,323,429 199,676,810 159,625,438 5,418,883 165,044,321 (43,812,619) 121,231,702 (598,985) 120,632,717 Empresa Eléctrica Pehuenche S.A. Separate 51,279,432 179,693,183 230,972,615 44,459,384 46,238,191 140,275,039 230,972,614 162,768,188 (21,539,174) 141,229,014 135,558,558 128,068,159 224,543 128,348,399 (34,669,191) 93,679,208 — 93,679,208 Enel Green Power Chile Ltda. Separate 162,710,963 669,741,595 832,452,558 113,123,832 125,240,941 594,087,786 832,452,559 12,831,131 (15,655) 12,815,476 2,521,606 1,702,927 (5,337,680) 71,323,446 1,601,922 72,925,368 71,701,018 144,626,386 Empresa Electrica Panguipulli S.A. Separate 16,052,462 255,481,676 271,534,138 59,681,465 131,671,924 80,180,749 271,534,138 45,097,744 (5,320,421) 39,777,323 32,476,777 18,680,884 (1,954,238) 16,726,646 (2,647,884) 14,078,762 (3,643,974) 10,434,788 Geotermica del Norte S.A. Separate 21,765,295 347,871,452 369,636,747 20,910,840 293,675 348,432,232 369,636,747 17,023,794 (2,109,769) 14,914,025 13,168,978 2,001,882 (3,676,151) (1,674,269) 454,355 (1,219,914) 45,243,420 44,023,506 Parque Eolico Talinay Oriente S.A. Separate 63,831,605 87,493,829 151,325,434 6,173,259 18,876,242 126,275,934 151,325,435 10,058,036 (2,434,415) 7,623,621 5,310,400 1,014,857 1,312,902 2,327,759 (613,097) 1,714,661 16,552,523 18,267,184 Enel Green Power del Sur Separate 129,849,852 655,431,547 785,281,399 44,078,091 467,399,245 273,804,063 785,281,399 94,473,391 (21,024,045) 73,449,346 60,053,812 37,537,228 (24,991,814) 12,545,413 (3,455,173) 9,090,240 34,497,623 43,587,863 Grupo Enel Green Power Consolidated 344,469,181 1,628,444,820 1,972,914,001 334,639,971 768,719,376 869,554,654 1,972,914,001 183,008,879 (22,330,367) 160,678,512 131,378,740 69,236,957 (38,674,306) 30,471,438 (8,837,176) 21,634,262 173,923,954 195,558,216 Grupo Enel Generación Chile Consolidated 672,467,353 2,996,760,726 3,669,228,079 593,881,208 1,077,855,824 1,997,491,047 3,669,228,079 1,529,364,081 (818,284,050) 711,080,031 582,249,559 464,383,396 (47,947,351) 423,152,001 (104,946,765) 318,205,236 (106,994,091) 211,211,145 Grupo GasAtacama Chile S.A. Consolidated 154,726,337 601,914,918 756,641,255 61,155,091 94,466,222 601,019,942 756,641,255 271,433,789 (94,746,408) 176,687,381 146,123,452 109,465,013 1,808,644 115,039,230 (27,946,019) 87,093,211 (5,273,886) 81,819,325 December 31, 2017 Type of Financial Current Non-Current Total Assets Current Non-Current Equity Total Equity and Revenues Raw Materials and Contribution Gross Operating Income Operating Financial Income Income Profit Other Comprehensive Income Total Comprehensive Income Statements ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Grupo Enel Distribución Chile S.A. Consolidated 261,378,069 893,633,580 1,155,011,649 408,687,866 61,965,918 684,357,865 1,155,011,649 1,333,027,456 (1,062,076,645) 270,950,811 177,188,798 132,510,164 6,411,839 139,079,732 (34,030,322) 105,049,408 1,515,176 106,564,584 Enel Generación Chile S.A. Separate 590,543,532 2,602,962,586 3,193,506,118 489,875,667 891,083,155 1,812,547,296 3,193,506,118 1,629,277,585 (1,140,707,431) 488,570,154 364,131,027 285,498,271 (37,647,691) 528,254,308 (60,153,339) 468,100,969 72,617,351 540,718,320 Enel Distribucion Chile S.A. Separate 257,229,219 887,681,380 1,144,910,599 393,273,852 61,523,557 690,113,190 1,144,910,599 1,330,023,450 (1,060,875,186) 269,148,264 176,635,873 133,340,940 5,252,070 138,806,087 (35,037,127) 103,768,960 1,543,151 105,312,110 Empresa Eléctrica Pehuenche S.A. Separate 35,369,243 186,760,346 222,129,589 38,310,560 48,261,590 135,557,439 222,129,589 152,501,383 (36,289,330) 116,212,053 110,957,039 103,556,904 (395,231) 103,206,672 (26,346,081) 76,860,591 — 76,860,591 Grupo Enel Generación Chile S.A. Consolidated 662,804,359 2,891,657,830 3,554,462,189 543,356,500 1,022,091,737 1,989,013,952 3,554,462,189 1,634,937,088 (903,978,007) 730,959,081 581,142,074 463,860,015 (36,610,248) 537,641,733 (112,099,519) 425,542,214 67,663,516 493,205,730 Grupo GasAtacama Chile S.A.. Consolidated 182,143,224 611,319,090 793,462,314 75,370,131 83,894,880 634,197,303 793,462,314 307,272,380 (170,752,796) 136,519,584 106,213,750 70,509,184 1,432,674 80,142,531 (25,417,139) 54,725,392 (3,338,115) 51,387,277 |
Appendix 1 Details of Assets _2
Appendix 1 Details of Assets and Liabilities in Foreign Currency (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
APPENDIX 1 DETAILS OF ASSETS AND LIABILITIES IN FOREIGN CURRENCY | |
Summary of Assets and Liabilities Denominated in Foreign Currencies | The detail of assets and liabilities denominated in foreign currency is as follows: 12-31-2018 12-31-2017 ASSETS Foreign Currency ThCh$ ThCh$ Cash and cash equivalents 245,171,924 419,456,026 U.S. dollar 16,575,872 14,016,336 Euros 103,847 11,594 Argentine peso 6,057,793 6,263,345 Chilean peso non-adjustable 222,434,412 399,164,751 Other current financial assets 40,303,173 20,627,062 U.S. dollar 38,969,410 20,441,150 Chilean peso non-adjustable 644,618 185,912 U.F. 689,145 — Other current non- financial assets 22,406,088 18,785,891 U.S. dollar 2,832,782 902,026 Argentine peso 917,718 32,621 Chilean peso non-adjustable 17,838,717 17,851,244 U.F. 816,871 — Trade and other current receivables 478,170,067 406,968,537 U.S. dollar 3,193,959 5,273,104 Euros 3,905 — Argentine peso 30,517 1,073,072 Chilean peso non-adjustable 474,941,686 399,483,872 U.F. — 1,138,489 Current accounts receivable from related companies 54,171,060 71,856,046 U.S. dollar 6,997,861 22,793,820 Euros 26,475,919 42,663,049 Real 23,329 — Chilean peso non-adjustable 20,673,951 6,399,177 Inventories 56,961,643 39,686,942 U.S. dollar 4,451,134 — Chilean peso non-adjustable 52,510,509 39,686,942 Current tax assets 99,763,817 77,756,048 U.S. dollar 3,678 — Argentine peso 145,845 146,525 Chilean peso non-adjustable 99,614,294 77,609,523 TOTAL CURRENT ASSETS 996,947,772 1,055,136,552 NON-CURRENT ASSETS Foreign Currency 12-31-2018 12-31-2017 Other non-current financial assets 7,269,669 33,418,204 U.S. dollar 4,227,628 30,789,705 Chilean peso non-adjustable 2,352,896 2,628,499 U.F. 689,145 — Other non-current non-financial assets 44,608,012 13,813,139 U.S. dollar 28,884,680 322,744 Argentine peso 218,003 378,940 Chilean peso non-adjustable 15,505,329 12,326,385 U.F. — 785,070 Trade and other non-current receivables 60,527,843 36,182,399 U.S. dollar 17,074,839 — Argentine peso 21,255 62,563 Chilean peso non-adjustable 33,425,943 25,228,146 U.F. 10,005,806 10,891,690 Investments accounted for using the equity method 12,873,531 16,912,454 U.S. dollar 46,639 3,783,316 Argentine peso — 105,151 Chilean peso non-adjustable 12,826,892 13,023,987 Intangible assets other than goodwill 115,372,393 55,170,904 U.S. dollar 44,865,424 — Argentine peso 259,479 253,849 Chilean peso non-adjustable 70,247,490 54,917,055 Goodwill 915,044,725 887,257,655 Chilean peso non-adjustable 915,044,725 887,257,655 Property, plant and equipment 5,308,647,633 3,585,687,137 U.S. dollar 1,523,774,815 — Argentine peso 15,562,121 15,450,783 Chilean peso non-adjustable 3,769,310,697 3,570,236,354 Investment property 7,557,356 8,356,772 Chilean peso non-adjustable 7,557,356 8,356,772 Deferred tax assets 19,171,230 2,837,792 U.S. dollar 18,055,431 — Chilean peso non-adjustable 1,115,799 2,837,792 TOTAL NON-CURRENT ASSETS 6,491,072,392 4,639,636,456 TOTAL ASSETS 7,488,020,164 5,694,773,008 12-31-2018 12-31-2017 Less than 90 days More than 90 days Less than 90 days More than 90 days LIABILITIES Foreign Currency ThCh$ ThCh$ ThCh$ ThCh$ Other Current financial liabilities 161,482,001 249,183,814 7,999,866 10,815,582 U.S. dollar 161,481,999 4,304,811 7,999,743 3,888,150 Chilean peso non-adjustable 2 212,736,909 123 — U.F. — 32,142,094 — 6,927,432 Trade and other current payables 554,286,324 — 552,328,594 3,649,924 U.S. dollar 44,138,753 — 16,184,962 — Euros 2,347,924 — 3,174,586 — Argentine peso 511,460 — 732,777 — Chilean peso non-adjustable 503,689,338 — 532,236,269 3,649,924 U.F. 3,598,849 — — — Current accounts payable to related parties 157,936,325 — 119,612,972 — U.S. dollar 324,743 — 9,090,837 — Euros 82,619,960 — 28,830,246 — Colombian peso — — 12,487 — Soles — — 2,110 — Argentine peso — — 74,740 — Chilean peso non-adjustable 74,991,622 — 81,602,552 — Other current provisions 3,413,966 2,174,820 384,955 5,251,216 U.S. dollar 12,510 — — — Argentine peso 24,667 — 45,419 — Chilean peso non-adjustable 3,376,789 2,174,820 339,536 5,251,216 Current tax liabilities 9,725,475 7,952,445 904,248 66,123,259 U.S. dollar 22,626 — — Argentine peso — 411,577 146,769 — Chilean peso non-adjustable 9,702,849 7,540,868 757,479 66,123,259 Other current non-financial liabilities 71,308,982 — 38,520,088 11,225,942 U.S. dollar 2,766,862 — — — Argentine peso 10,061 — — — Chilean peso non-adjustable 68,532,059 — 38,520,088 11,225,942 TOTAL CURRENT LIABILITIES 958,153,073 259,311,079 719,750,723 97,065,923 12-31-2018 12-31-2017 One to five years More than five years One to five years More than five years LIABILITIES Foreign Currency ThCh$ ThCh$ ThCh$ ThCh$ Other non-current financial liabilities 367,293,521 1,338,539,982 51,932,458 730,045,687 U.S. dollar 244,119,549 1,164,595,519 29,636,407 434,446,795 Chilean peso non-adjustable — — — — U.F. 123,173,972 173,944,463 22,296,051 295,598,892 Trade and other non-current payables 2,584,180 — 659,824 — U.S. dollar 31,124 — 947 — Argentine peso — — 173,343 — Chilean peso non-adjustable 2,553,056 — 485,534 — Current account payable to related parties 447,193,802 — 318,518 — U.S. dollar 447,193,802 — 318,518 — Other long-term provisions 42,349,208 63,522,167 52,318 78,370,519 U.S. dollar 12,392,385 — Chilean peso non-adjustable 29,956,823 63,522,167 52,318 78,370,519 Deferred tax liabilities 134,078,768 144,001,286 55,844,982 116,378,699 U.S. dollar 74,730,155 — — — Argentine peso — — 4,459,081 — Chilean peso non-adjustable 59,348,613 144,001,286 51,385,901 116,378,699 Non- current provisions for employee benefits 4,116,090 52,486,574 3,434,185 53,647,739 U.S. dollar 532,225 — — — Chilean peso non-adjustable 3,583,865 52,486,574 3,434,185 53,647,739 Other non-current non financial liabilities 226,653 — 309,776 — Chilean peso non-adjustable 226,653 — 309,776 — TOTAL NON-CURRENT LIABILITIES 997,842,222 1,598,550,009 112,552,061 978,442,644 TOTAL LIABILITIES 1,955,995,295 1,857,861,088 832,302,784 1,075,508,567 |
Appendix 2 Additional Informa_2
Appendix 2 Additional Information Oficio Circular (Official Bulletin) No. 715 of February 3, 2012 (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
TRADE AND OTHER RECEIVABLES. | |
Summary of Aging of Trade and Other Receivables | · Trade and other receivables by aging: As of December 31, 2018 Current 1-30 days 31-60 days 61-90 days 91-120 days 121-150 151-180 181-210 211-250 More than Total Total Non- Trade and Other Receivables ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Trade receivables, gross 360,967,952 26,520,834 8,065,762 3,947,386 2,096,447 1,400,998 1,945,691 1,528,489 2,863,502 47,716,556 457,053,617 2,046,845 Allowance for doubtful accounts (1,309,684) (244,773) (260,401) (317,546) (419,163) (523,349) (584,135) (634,104) (2,085,824) (32,774,456) (39,153,435) — Other receivables, gross 60,242,885 — — — — — — — — 10,353,445 70,596,330 58,480,998 Allowance for doubtful accounts — — — — — — — — — (10,353,445) (10,353,445) — Total 419,901,153 26,276,061 7,805,361 3,629,840 1,677,284 877,649 1,361,556 894,385 777,678 14,942,100 478,143,067 60,527,843 As of December 31, 2017 Current 1-30 days 31-60 days 61-90 days 91-120 days 121-150 151-180 181-210 211-250 More than Total Total Non- Trade and Other Receivables ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Trade receivables, gross 291,417,828 33,630,393 17,506,620 3,996,144 2,189,405 4,565,337 2,861,581 2,470,973 1,796,958 54,604,283 415,039,522 1,917,828 Allowance for doubtful accounts (89,762) (231,131) (213,455) (200,097) (223,821) (176,789) (207,518) (914,480) (133,045) (32,270,098) (34,660,196) — Other receivables, gross 26,589,211 — — — — — — — — 9,213,863 35,803,074 34,264,571 Allowance for doubtful accounts — — — — — — — — — (9,213,863) (9,213,863) — Total 317,917,277 33,399,262 17,293,165 3,796,047 1,965,584 4,388,548 2,654,063 1,556,493 1,663,913 22,334,185 406,968,537 36,182,399 |
Summary of Trade and Other Receivables by Type of Portfolio | · By type of portfolio: December 31, 2018 December 31, 2017 Non-renegotiated Portfolio Renegotiated Portfolio Total Gross Portfolio Non-renegotiated Portfolio Renegotiated Portfolio Total Gross Portfolio Number of Gross Number of Gross Number of Gross Number of Gross Number of Gross Number of Gross Aging of balances Customers ThCh$ Customers ThCh$ Customers ThCh$ Customers ThCh$ Customers ThCh$ Customers ThCh$ Current 1,370,536 353,865,825 42,898 9,101,666 1,413,434 362,967,491 1,145,472 288,681,858 52,679 4,653,798 1,198,151 293,335,656 1 to 30 days 390,536 25,894,683 19,304 626,151 409,840 26,520,834 451,929 30,202,328 22,869 3,428,065 474,798 33,630,393 31 to 60 days 83,029 7,864,638 6,649 201,124 89,678 8,065,762 133,114 15,573,493 8,780 1,933,127 141,894 17,506,620 61 to 90 days 14,466 3,827,182 2,014 120,204 16,480 3,947,386 22,305 3,228,258 2,795 767,886 25,100 3,996,144 91 to 120 days 7,515 2,007,221 1,182 89,226 8,697 2,096,447 9,505 1,817,086 1,422 372,319 10,927 2,189,405 121 to 150 days 4,393 1,266,995 892 134,003 5,285 1,400,998 7,118 4,216,619 1,093 348,718 8,211 4,565,337 151 to 180 days 3,007 1,697,721 459 247,970 3,466 1,945,691 5,333 2,526,954 699 334,627 6,032 2,861,581 181 to 210 days 2,805 1,446,409 311 82,080 3,116 1,528,489 10,103 2,127,005 446 343,968 10,549 2,470,973 211 to 250 days 3,237 2,772,883 311 90,619 3,548 2,863,502 3,979 1,599,571 394 197,387 4,373 1,796,958 More than 251 days 20,876 47,255,348 5,769 508,514 26,645 47,763,862 125,590 48,307,224 5,593 6,297,059 131,183 54,604,283 Total 1,900,400 447,898,905 79,789 11,201,557 1,980,189 459,100,462 1,914,448 398,280,396 96,770 18,676,954 2,011,218 416,957,350 |
Summary of Portfolio in Default and in Legal Collection Process of Notes Receivable | b) Portfolio in default and in legal collection process As of December 31, 2018 2017 Number of Amount Number of Amount Portfolio in Default and in Legal Collection Process Customers ThCh$ Customers ThCh$ Notes receivable in default 1,876 258,372 1,902 259,560 Notes receivable in legal collection process (*) 2,238 10,450,383 2,744 6,041,670 Total 4,114 10,708,755 4,646 6,301,230 (*) |
Summary of Provisions and Write-offs Portfolio | c) Provisions and write-offs As of December 31, 2018 2017 Provisions and Write-offs ThCh$ ThCh$ Provision for non-renegotiated portfolio 2,312,966 7,928,877 Provision for renegotiated portfolio 2,461,643 8,940 Recoveries of the period 3,099 — Total 4,777,708 7,937,817 |
Summary of Number and Value of Operations | d) Number and value of operations December 31, 2018 December 31, 2017 Total detail by Total detail by Total detail by Total detail by Number and Value of Operations Last Quarter Year-to-date Last Quarter Year-to-date Impairment provisions and recoveries: Number of operations 7,357 19,810 5,376 46,484 Value of operations, in ThCh$ 1,596,443 4,777,708 4,058,212 7,937,817 |
Trade Receivables by Aging | · Trade receivables by aging: December 31, 2018 Current 1-30 days 31-60 days 61-90 days 91-120 days 121-150 days 151-180 days 181-210 days 211-250 days More than Total Current Portfolio Total Non- Type of Portfolio ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ GENERATION Non-renegotiated portfolio 206,893,035 1,155,988 1,453,308 708,552 203,487 7,836 39,787 483,751 153,929 6,715,665 217,815,338 21,255 - Large customers 198,424,050 671,037 248,135 140,571 224 7,274 39,001 43,681 56,046 5,835,279 205,465,298 — - Institutional customers — — — — — — — — — — — — - Others 8,468,985 484,951 1,205,173 567,981 203,263 562 786 440,070 97,883 880,386 12,350,040 21,255 Allowance for impairment (21,736) — — — — — — — — (1,505,948) (1,527,684) — DISTRIBUTION Non-renegotiated portfolio 154,074,917 25,364,846 6,612,454 3,238,834 1,892,960 1,393,162 1,905,904 1,044,738 2,709,573 41,000,891 239,238,279 2,025,590 - Mass-market customers 108,952,722 16,661,831 3,571,670 1,427,141 1,076,288 850,571 715,174 531,508 2,195,894 25,496,293 161,479,092 2,000,955 - Large customers 38,529,866 6,924,749 1,662,569 1,225,278 102,522 475 918,487 124,385 164,424 7,945,564 57,598,319 24,635 - Institutional customers 6,592,329 1,778,266 1,378,215 586,415 714,150 542,116 272,243 388,845 349,255 7,559,034 20,160,868 — Allowance for impairment (1,287,948) (244,773) (260,401) (317,546) (419,163) (523,349) (584,135) (634,104) (2,085,824) (31,241,508) (37,598,751) Total Gross Portfolio 360,967,952 26,520,834 8,065,762 3,947,386 2,096,447 1,400,998 1,945,691 1,528,489 2,863,502 47,716,556 457,053,617 2,046,845 Total allowance for impairment (1,309,684) (244,773) (260,401) (317,546) (419,163) (523,349) (584,135) (634,104) (2,085,824) (32,747,456) (39,126,435) — Total Net Portfolio 359,658,268 26,276,061 7,805,361 3,629,840 1,677,284 877,649 1,361,556 894,385 777,678 14,969,100 417,927,182 2,046,845 December 31, 2017 Current 1-30 days 31-60 days 61-90 days 91-120 days 121-150 days 151-180 days 181-210 days 211-250 days More than Total Current Portfolio Total Non- Type of Portfolio ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ GENERATION Non-renegotiated portfolio 186,769,753 3,057,994 333,079 279,100 10,021 42,015 334,298 399,552 228,498 2,857,223 194,311,533 62,563 - Large customers 186,724,468 3,057,994 333,079 279,100 10,021 42,015 334,298 399,552 228,498 4,116,040 195,525,065 — - Institutional customers — — — — — — — — — — — — - Others 45,285 — — — — — — — — — 45,285 62,563 Allowance for impairment — — — — — — — — — (1,258,817) (1,258,817) — DISTRIBUTION Non-renegotiated portfolio 104,648,075 30,572,399 17,173,541 3,717,044 2,179,384 4,523,322 2,527,283 2,071,421 1,568,460 50,488,243 219,469,172 1,855,265 - Mass-market customers 84,591,816 22,148,005 10,699,951 2,264,627 1,657,978 1,231,644 918,357 1,700,605 567,152 27,150,498 152,930,633 1,781,421 - Large customers 17,771,942 6,565,888 4,987,871 940,754 168,838 1,809,919 357,379 30,481 7,237 13,628,346 46,268,655 — - Institutional customers 2,284,317 1,858,506 1,485,719 511,663 352,568 1,481,759 1,251,547 340,335 994,071 9,709,399 20,269,884 73,844 Allowance for impairment (89,762) (231,131) (213,455) (200,097) (223,821) (176,789) (207,518) (914,480) (133,045) (31,011,281) (33,401,379) — Total Gross Portfolio 291,417,828 33,630,393 17,506,620 3,996,144 2,189,405 4,565,337 2,861,581 2,470,973 1,796,958 54,604,283 415,039,522 1,917,828 Total allowance for impairment (89,762) (231,131) (213,455) (200,097) (223,821) (176,789) (207,518) (914,480) (133,045) (32,270,098) (34,660,196) — Total Net Portfolio 291,328,066 33,399,262 17,293,165 3,796,047 1,965,584 4,388,548 2,654,063 1,556,493 1,663,913 22,334,185 380,379,326 1,917,828 |
Trade Receivables by Type of Portfolio | · By type of portfolio: December 31, 2018 Current 1-30 days 31-60 days 61-90 days 91-120 days 121-150 days 151-180 days 181-210 days 211-250 days More than Total Current Portfolio Total Non- Type of Portfolio ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ GENERATION Non-renegotiated portfolio 206,862,868 1,155,988 1,453,308 708,552 203,487 7,836 39,787 483,751 153,929 6,715,665 217,785,171 — - Large customers 198,424,050 671,037 248,135 140,571 224 7,274 39,001 43,681 56,046 5,835,279 205,465,298 — - Institutional customers — — — — — — — — — — — — - Others 8,438,818 484,951 1,205,173 567,981 203,263 562 786 440,070 97,883 880,386 12,319,873 — Renegotiated portfolio 30,167 — — — — — — — — — 30,167 21,255 - Large customers — — — — — — — — — — — — - Institutional customers — — — — — — — — — — — — - Others 30,167 — — — — — — — — — 30,167 21,255 DISTRIBUTION Non-renegotiated portfolio 146,934,065 24,738,695 6,411,330 3,118,630 1,803,734 1,259,159 1,657,934 962,658 2,618,954 40,492,377 229,997,536 116,198 - Mass-market customers 101,990,338 16,096,927 3,374,622 1,306,937 987,071 716,568 577,969 449,428 2,105,275 25,035,379 152,640,514 116,198 - Large customers 38,401,049 6,873,601 1,662,570 1,225,278 102,522 475 918,487 124,385 164,424 7,898,789 57,371,580 — - Institutional customers 6,542,678 1,768,167 1,374,138 586,415 714,141 542,116 161,478 388,845 349,255 7,558,209 19,985,442 — Renegotiated portfolio 7,140,852 626,151 201,124 120,204 89,226 134,003 247,970 82,080 90,619 508,514 9,240,743 1,909,392 - Mass-market customers 6,962,383 564,903 197,048 120,204 89,217 134,003 137,205 82,080 90,619 460,914 8,838,576 1,884,757 - Large Customers 128,817 51,148 — — — — — — — 46,775 226,740 24,635 - Institutional Customers 49,652 10,100 4,076 — 9 — 110,765 — — 825 175,427 — Total Gross Portfolio 360,967,952 26,520,834 8,065,762 3,947,386 2,096,447 1,400,998 1,945,691 1,528,489 2,863,502 47,716,556 457,053,617 2,046,845 December 31, 2017 Current 1-30 days 31-60 days 61-90 days 91-120 days 121-150 days 151-180 days 181-210 days 211-250 days More than Total Current Portfolio Total Non- Type of Portfolio ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ GENERATION Non-renegotiated portfolio 186,724,468 3,057,994 333,079 279,100 10,021 42,015 334,298 399,552 228,498 4,116,040 195,525,065 — - Large customers 186,724,468 3,057,994 333,079 279,100 10,021 42,015 334,298 399,552 228,498 4,116,040 195,525,065 — - Institutional customers — — — — — — — — — — — — - Others — — — — — — — — — — — — Renegotiated portfolio 45,285 — — — — — — — — — 45,285 62,563 - Large customers — — — — — — — — — — — — - Institutional customers — — — — — — — — — — — — - Others 45,285 — — — — — — — — — 45,285 62,563 DISTRIBUTION Non-renegotiated portfolio 101,580,927 27,144,334 15,240,414 2,949,158 1,807,065 4,174,604 2,192,656 1,727,453 1,371,073 44,191,184 202,378,868 376,463 - Mass-market customers 81,786,896 19,120,060 9,323,291 1,705,992 1,285,659 882,926 671,894 1,554,175 423,730 20,987,147 137,741,770 342,063 - Large customers 17,522,970 6,565,888 4,590,254 940,754 168,838 1,809,919 357,379 30,481 7,237 13,521,914 45,515,634 — - Institutional customers 2,271,061 1,458,386 1,326,869 302,412 352,568 1,481,759 1,163,383 142,797 940,106 9,682,123 19,121,464 34,400 Renegotiated portfolio 3,067,148 3,428,065 1,933,127 767,886 372,319 348,718 334,627 343,968 197,387 6,297,059 17,090,304 1,478,802 - Mass-market customers 2,804,920 3,027,945 1,376,659 558,635 372,319 348,718 246,463 146,430 143,422 6,163,350 15,188,861 1,439,358 - Large Customers 248,972 — 397,617 — — — — — — 106,433 753,022 — - Institutional Customers 13,256 400,120 158,851 209,251 — — 88,164 197,538 53,965 27,276 1,148,421 39,444 Total Gross Portfolio 291,372,543 33,630,393 17,506,620 3,996,144 2,189,405 4,565,337 2,861,581 2,470,973 1,796,958 54,604,283 415,039,522 1,917,828 |
Summary of Estimated Sales and Purchases of Energy and Capacity | 12-31-2018 12-31-2017 Energy and Capacity Tolls Energy and Capacity Tolls STATEMENT OF FINANCIAL POSITION ThCh$ ThCh$ ThCh$ ThCh$ Current accounts receivable from related companies — — 5,518,711 466,031 Trade and other current receivables 209,288,934 46,336,070 177,886,960 48,122,678 Total Estimated Assets 209,288,934 46,336,070 183,405,671 48,588,709 Current accounts payable to related companies — — 21,818,299 177,839 Trade and other current payables 106,633,306 37,530,511 120,451,406 47,893,119 Total Estimated Liabilities 106,633,306 37,530,511 142,269,705 48,070,958 12-31-2018 12-31-2017 12-31-2016 Energy and Capacity Tolls Energy and Capacity Tolls Energy and Tolls Capacity INCOME STATEMENT ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Energy Sales 209,288,934 46,336,070 183,405,671 48,588,709 169,424,364 23,297,996 Energy Purchases 106,633,306 37,530,511 142,269,706 48,070,958 98,884,837 42,763,819 |
Appendix 3 Details of Due Dat_2
Appendix 3 Details of Due Dates of Payments to Suppliers (Tables) | 12 Months Ended |
Dec. 31, 2018 | |
APPENDIX 3 DETAILS OF DUE DATES OF PAYMENTS TO SUPPLIERS | |
Summary of Details of Due Dates of Payments to Suppliers | This appendix forms an integral part of these consolidated financial statements. December 31, 2018 December 31, 2017 Goods Services Other Total Goods Services Other Total Suppliers with Current Payments ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Up to 30 days 45,355,153 230,133,777 78,973,248 354,462,178 71,248,286 264,992,418 91,209,336 427,450,040 From 31 to 60 days 4,284,025 19,179,502 71,745,150 95,208,677 — — — — From 61 to 90 days 16,452,406 — — 16,452,406 — — — — From 91 to 120 days — — — — — — — — From 121 to 365 days — — — — — — — — More than 365 days — 6,766 2,106,099 2,112,865 — 4,485 — 4,485 Total 66,091,584 249,320,045 152,824,497 468,236,126 71,248,286 264,996,903 91,209,336 427,454,525 |
Background and Business Activ_2
Background and Business Activities - Additional Information (Detail) | Apr. 02, 2018 | Apr. 01, 2018 | Dec. 18, 2015CLP ($)shares | Dec. 31, 2018CLP ($)employeeshares | Dec. 31, 2017CLP ($)employee | Dec. 20, 2017CLP ($) |
Disclosure Of General Information About Financial Statements [Line Items] | ||||||
Number of employees | employee | 2,062 | 1,948 | ||||
Average number of employees | employee | 2,096 | 1,993 | ||||
Issued capital | $ 3,954,491,479,000 | $ 2,229,108,975,000 | $ 1,891,727,278,668,000 | |||
Enersis S. A. [Member] | ||||||
Disclosure Of General Information About Financial Statements [Line Items] | ||||||
Reduction of issued capital | $ 5,804,447,986,087 | $ 3,575,339,011,549 | ||||
Number of shares outstanding | shares | 49,092,772,762 | 49,092,772,762 | ||||
Enersis Chile [Member] | ||||||
Disclosure Of General Information About Financial Statements [Line Items] | ||||||
Number of shares outstanding | shares | 49,092,772,762 | |||||
Issued capital | $ 2,229,108,974,538 | |||||
Enel Generacin Chile S.A. [Member] | ||||||
Disclosure Of General Information About Financial Statements [Line Items] | ||||||
Total | 93.55% | 59.98% | 93.55% | 59.98% | ||
Proportion of ownership interests held by non-controlling interests | 40.00% |
Basis of Presentation of the _3
Basis of Presentation of the Consolidated Financial Statements - Summary of Proportion of Net Assets Market Value (Detail) | 12 Months Ended |
Dec. 31, 2018 | |
Chile [Member] | Enersis S.A [Member] | |
Proportion Of Net Assets Market Value [Line Items] | |
Proportion of Net Assets Market Value | 42.00% |
Chile [Member] | Endesa, S.A. [Member] | |
Proportion Of Net Assets Market Value [Line Items] | |
Proportion of Net Assets Market Value | 66.00% |
Chile [Member] | Chilectra S A [Member] | |
Proportion Of Net Assets Market Value [Line Items] | |
Proportion of Net Assets Market Value | 63.00% |
Americas [Member] | Enersis S.A [Member] | |
Proportion Of Net Assets Market Value [Line Items] | |
Proportion of Net Assets Market Value | 58.00% |
Americas [Member] | Endesa, S.A. [Member] | |
Proportion Of Net Assets Market Value [Line Items] | |
Proportion of Net Assets Market Value | 34.00% |
Americas [Member] | Chilectra S A [Member] | |
Proportion Of Net Assets Market Value [Line Items] | |
Proportion of Net Assets Market Value | 37.00% |
Basis of Presentation of the _4
Basis of Presentation of the Consolidated Financial Statements - Additional Information (Detail) | Feb. 07, 2017 | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 |
Statement Of Compliance And Basis Of Presentation [Line Items] | ||||
Maximum proportion of ownership(in percentage)required to classify entity as associate | 20.00% | |||
Top of Range | ||||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||||
Fair value of assets acquired and liabilities assumed, measurement period | 1 year | |||
Centrales Hidroelectricas de Aysen S.A. [Member] | ||||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||||
Proportion Of Ownership Interest In Joint Venture | 51.00% | |||
Enel Americas S.A. [Member] | ||||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||||
Percentage of financial debt of Enersis allocated to Enel Americas and not included in combined financial statements | 100.00% | |||
Electrogas S.A. [Member] | ||||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||||
Ownership Interest Direct Indirect | 42.50% | 42.50% |
Basis of Presentation of the _5
Basis of Presentation of the Consolidated Financial Statements - Summary of Breakdown of Allocated Employees (Detail) - employee | Dec. 31, 2018 | Dec. 31, 2017 |
Disclosure Of Breakdown Of Allocated Employees [Line Items] | ||
Number of employees | 2,062 | 1,948 |
Chile [Member] | ||
Disclosure Of Breakdown Of Allocated Employees [Line Items] | ||
Number of employees | 2,036 | 1,923 |
Basis of Presentation of the _6
Basis of Presentation of the Consolidated Financial Statements - Ownership (Detail) | Apr. 02, 2018 | Apr. 01, 2018 | Dec. 31, 2018 | Dec. 31, 2017 |
Enel Distribucion Chile S.A. [Member] | ||||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||||
Percentage of direct ownership | 99.09% | 99.09% | ||
Total | 99.09% | 99.09% | ||
Empresa Electrica de Colina Ltda. [Member] | ||||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||||
Percentage of indirect ownership | 100.00% | 100.00% | ||
Total | 100.00% | 100.00% | ||
Empresa Electrica Pehuenche S.A. [Member] | ||||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||||
Percentage of indirect ownership | 92.65% | 92.65% | ||
Total | 92.65% | 92.65% | ||
Enel Generacin Chile S.A. [Member] | ||||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||||
Percentage of direct ownership | 93.55% | 59.98% | ||
Total | 93.55% | 59.98% | 93.55% | 59.98% |
GasAtacama Chile S.A. [Member] | ||||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||||
Percentage of direct ownership | 2.63% | 2.63% | ||
Percentage of indirect ownership | 97.37% | 97.37% | ||
Total | 100.00% | 100.00% | ||
Gasoducto Atacama Argentina S A [Member] | ||||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||||
Percentage of indirect ownership | 100.00% | 100.00% | ||
Total | 100.00% | 100.00% | ||
Luz Andes Ltda. [Member] | ||||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||||
Percentage of indirect ownership | 100.00% | 100.00% | ||
Total | 100.00% | 100.00% | ||
Empresa de Transmision Chena S.A [Member] | ||||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||||
Percentage of indirect ownership | 100.00% | 100.00% | ||
Total | 100.00% | 100.00% | ||
Sociedad Agricola de Cameros Ltda. [Member] | ||||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||||
Percentage of direct ownership | 57.50% | 57.50% | ||
Total | 57.50% | 57.50% | ||
Enel Green Power Chile Ltda. [Member] | ||||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||||
Percentage of direct ownership | 99.99% | |||
Total | 99.99% | |||
Empresa Electrica Panguipulli S .A. [Member] | ||||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||||
Percentage of direct ownership | 0.05% | |||
Percentage of indirect ownership | 99.95% | |||
Total | 100.00% | |||
Diego de Almagro Matriz SpA. [Member] | ||||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||||
Percentage of indirect ownership | 100.00% | |||
Total | 100.00% | |||
Parque Eolico Tal Tal S.A. [Member] | ||||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||||
Percentage of direct ownership | 0.01% | |||
Percentage of indirect ownership | 99.99% | |||
Total | 100.00% | |||
Geotermica del Norte SA [Member] | ||||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||||
Percentage of indirect ownership | 84.59% | |||
Total | 84.59% | |||
Empresa Nacional de Geotermia SA [Member] | ||||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||||
Percentage of indirect ownership | 51.00% | |||
Total | 51.00% | |||
Parque Eolico Valle De Los Vientos S.A. [Member] | ||||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||||
Percentage of indirect ownership | 99.99% | |||
Total | 99.99% | |||
Parque Eolico Talinay Oriente S.A. [Member] | ||||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||||
Percentage of indirect ownership | 61.37% | |||
Total | 61.37% | |||
Almeyda Solar SpA [Member] | ||||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||||
Percentage of indirect ownership | 100.00% | |||
Total | 100.00% | |||
Enel Green Power Del Sur S p A [Member] | ||||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||||
Percentage of indirect ownership | 100.00% | |||
Total | 100.00% | |||
Enel X Chile SpA [Member] | ||||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||||
Percentage of direct ownership | 100.00% | |||
Total | 100.00% |
Basis of Presentation of the _7
Basis of Presentation of the Consolidated Financial Statements - Ownership in Associates (Detail) | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
GNL Chile S.A. [Member] | ||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||
Indirect | 33.33% | 33.33% |
Percentage of total ownership interest | 33.33% | 33.33% |
Proportion of indirect ownership interest in associates and joint ventures | 33.33% | 33.33% |
Energia Marina SpA [Member] | ||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||
Indirect | 25.00% | |
Percentage of total ownership interest | 25.00% | |
Proportion of indirect ownership interest in associates and joint ventures | 25.00% | |
Aysen Energia S.A. [Member] | ||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||
Indirect | 51.00% | 51.00% |
Proportion of indirect ownership interest in associates and joint ventures | 51.00% | 51.00% |
Total proportion of ownership interest in associates and joint ventures | 51.00% | 51.00% |
Aysen Transmision S.A. [Member] | ||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||
Indirect | 51.00% | 51.00% |
Proportion of indirect ownership interest in associates and joint ventures | 51.00% | 51.00% |
Total proportion of ownership interest in associates and joint ventures | 51.00% | 51.00% |
Centrales Hidroelectricas de Aysen S.A. [Member] | ||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||
Indirect | 51.00% | |
Proportion of indirect ownership interest in associates and joint ventures | 51.00% | |
Total proportion of ownership interest in associates and joint ventures | 51.00% | |
Transmisora Electrica de Quillota Ltda. [Member] | ||
Statement Of Compliance And Basis Of Presentation [Line Items] | ||
Indirect | 50.00% | 50.00% |
Proportion of indirect ownership interest in associates and joint ventures | 50.00% | 50.00% |
Total proportion of ownership interest in associates and joint ventures | 50.00% | 50.00% |
Basis of Presentation of the _8
Basis of Presentation of the Consolidated Financial Statements New Accounting Pronouncements - Additional Information (Detail) - CLP ($) $ in Thousands | Jan. 01, 2019 | Jan. 01, 2018 | Dec. 31, 2018 |
IFRS 9 [Member] | |||
Description Of Expected Impact Of Initial Application Of New Standards Or Interpretations [Line Items] | |||
Charge to retained earnings net of tax | $ 3,411,631 | ||
IFRS 16 [Member] | IFRS Scenario, Forecast [Member] | |||
Description Of Expected Impact Of Initial Application Of New Standards Or Interpretations [Line Items] | |||
Increase in non-current and current liabilities | $ 29,162,000 | ||
Top of Range | IFRS 9 [Member] | |||
Description Of Expected Impact Of Initial Application Of New Standards Or Interpretations [Line Items] | |||
Percentage of profit or loss | 125.00% | ||
Bottom of Range [Member] | IFRS 9 [Member] | |||
Description Of Expected Impact Of Initial Application Of New Standards Or Interpretations [Line Items] | |||
Percentage of profit or loss | 80.00% |
Accounting Policies - Summary o
Accounting Policies - Summary of Estimated Useful Lives of Property, Plant and Equipment (Detail) | 12 Months Ended |
Dec. 31, 2018 | |
Renewable Energy Power Plants [Member] | |
Disclosure Of Property Plant And Equipment [Line Items] | |
Property, plant and equipment estimated useful lives | 20 years |
Pipelines [Member] | |
Disclosure Of Property Plant And Equipment [Line Items] | |
Property, plant and equipment estimated useful lives | 20 years |
Bottom of Range [Member] | Buildings [Member] | |
Disclosure Of Property Plant And Equipment [Line Items] | |
Property, plant and equipment estimated useful lives | 10 years |
Bottom of Range [Member] | Plant and Equipment [Member] | |
Disclosure Of Property Plant And Equipment [Line Items] | |
Property, plant and equipment estimated useful lives | 6 years |
Bottom of Range [Member] | IT Equipment [Member] | |
Disclosure Of Property Plant And Equipment [Line Items] | |
Property, plant and equipment estimated useful lives | 3 years |
Bottom of Range [Member] | Fixtures and Fittings [Member] | |
Disclosure Of Property Plant And Equipment [Line Items] | |
Property, plant and equipment estimated useful lives | 2 years |
Bottom of Range [Member] | Motor Vehicles [Member] | |
Disclosure Of Property Plant And Equipment [Line Items] | |
Property, plant and equipment estimated useful lives | 5 years |
Bottom of Range [Member] | Civil Engineering Works at Hydroelectric Plants [Member] | |
Disclosure Of Property Plant And Equipment [Line Items] | |
Property, plant and equipment estimated useful lives | 10 years |
Bottom of Range [Member] | Electromechanical Equipment at Hydroelectric Plants [Member] | |
Disclosure Of Property Plant And Equipment [Line Items] | |
Property, plant and equipment estimated useful lives | 10 years |
Bottom of Range [Member] | Fuel Oil /Coal - Fired Power Plants [Member] | |
Disclosure Of Property Plant And Equipment [Line Items] | |
Property, plant and equipment estimated useful lives | 25 years |
Bottom of Range [Member] | Combined Cycle Power Plants [Member] | |
Disclosure Of Property Plant And Equipment [Line Items] | |
Property, plant and equipment estimated useful lives | 10 years |
Bottom of Range [Member] | High-Voltage Network [Member] | |
Disclosure Of Property Plant And Equipment [Line Items] | |
Property, plant and equipment estimated useful lives | 10 years |
Bottom of Range [Member] | Low- and Medium-Voltage Network [Member] | |
Disclosure Of Property Plant And Equipment [Line Items] | |
Property, plant and equipment estimated useful lives | 10 years |
Bottom of Range [Member] | Measuring and Remote Control Equipment [Member] | |
Disclosure Of Property Plant And Equipment [Line Items] | |
Property, plant and equipment estimated useful lives | 10 years |
Bottom of Range [Member] | Primary Substations [Member] | |
Disclosure Of Property Plant And Equipment [Line Items] | |
Property, plant and equipment estimated useful lives | 6 years |
Top of Range | Buildings [Member] | |
Disclosure Of Property Plant And Equipment [Line Items] | |
Property, plant and equipment estimated useful lives | 60 years |
Top of Range | Plant and Equipment [Member] | |
Disclosure Of Property Plant And Equipment [Line Items] | |
Property, plant and equipment estimated useful lives | 65 years |
Top of Range | IT Equipment [Member] | |
Disclosure Of Property Plant And Equipment [Line Items] | |
Property, plant and equipment estimated useful lives | 15 years |
Top of Range | Fixtures and Fittings [Member] | |
Disclosure Of Property Plant And Equipment [Line Items] | |
Property, plant and equipment estimated useful lives | 35 years |
Top of Range | Motor Vehicles [Member] | |
Disclosure Of Property Plant And Equipment [Line Items] | |
Property, plant and equipment estimated useful lives | 10 years |
Top of Range | Civil Engineering Works at Hydroelectric Plants [Member] | |
Disclosure Of Property Plant And Equipment [Line Items] | |
Property, plant and equipment estimated useful lives | 65 years |
Top of Range | Electromechanical Equipment at Hydroelectric Plants [Member] | |
Disclosure Of Property Plant And Equipment [Line Items] | |
Property, plant and equipment estimated useful lives | 45 years |
Top of Range | Fuel Oil /Coal - Fired Power Plants [Member] | |
Disclosure Of Property Plant And Equipment [Line Items] | |
Property, plant and equipment estimated useful lives | 40 years |
Top of Range | Combined Cycle Power Plants [Member] | |
Disclosure Of Property Plant And Equipment [Line Items] | |
Property, plant and equipment estimated useful lives | 25 years |
Top of Range | High-Voltage Network [Member] | |
Disclosure Of Property Plant And Equipment [Line Items] | |
Property, plant and equipment estimated useful lives | 60 years |
Top of Range | Low- and Medium-Voltage Network [Member] | |
Disclosure Of Property Plant And Equipment [Line Items] | |
Property, plant and equipment estimated useful lives | 50 years |
Top of Range | Measuring and Remote Control Equipment [Member] | |
Disclosure Of Property Plant And Equipment [Line Items] | |
Property, plant and equipment estimated useful lives | 50 years |
Top of Range | Primary Substations [Member] | |
Disclosure Of Property Plant And Equipment [Line Items] | |
Property, plant and equipment estimated useful lives | 25 years |
Accounting Policies - Additiona
Accounting Policies - Additional Information (Detail) | 12 Months Ended |
Dec. 31, 2018 | |
Cash flow hedge [Member] | |
Accounting Policies [Line Items] | |
Cash flow projection period | P10Y |
Impairment of non-financial assets [Member] | |
Accounting Policies [Line Items] | |
Cash flow projection period | P5Y |
Growth rate used to extrapolate cash flow projections | 3.10% |
Bottom of Range [Member] | |
Accounting Policies [Line Items] | |
Pre-tax discount rates | 6.90% |
Net income for each period absorbed, percentage | 30.00% |
Top of Range | |
Accounting Policies [Line Items] | |
Pre-tax discount rates | 11.00% |
Computer Software [Member] | Weighted average [Member] | |
Accounting Policies [Line Items] | |
Intangible assets, estimated useful life | 4 years |
Sector Regulation and Electri_2
Sector Regulation and Electricity System Operations - Additional Information (Detail) | 1 Months Ended | 12 Months Ended | |||
Nov. 30, 2017$ / MWhGWhTWhcompanyitem | Jul. 31, 2016$ / MWhGWhTWhcompanyitem | Oct. 31, 2015item | Oct. 31, 2015GWh | Dec. 31, 2018kW | |
Sector Regulations And Electricity System Operations [Line Items] | |||||
Percentage of renewable energy requirement | 5.00% | ||||
Percentage of increase in energy requirement | 0.50% | ||||
Target for renewable energy requirement | 10.00% | ||||
Target for energy generated by non-conventional renewable energy | 20.00% | ||||
Number of energy blocks awarded | item | 5 | 5 | |||
Energy blocks awarded unit | GWh | 2,200 | 12.4 | 1.2 | ||
Number of companies | company | 5 | 84 | |||
Weighted price of energy | 32.5 | 47.6 | 3 | 79.3 | |
Enel Generacin Chile S.A. [Member] | |||||
Sector Regulations And Electricity System Operations [Line Items] | |||||
Energy awarded unit per year | TWh | 1.2 | 5.9 | |||
Percentage of total energy awarded | 54.00% | 47.60% | |||
Bottom of Range [Member] | |||||
Sector Regulations And Electricity System Operations [Line Items] | |||||
Connected capacity for unregulated customers | 5,000 | ||||
Connected capacity to have option to contract energy at agree prices | 500 | ||||
Term of agree price for regulated customers | 4 years | ||||
Profitability margin range | (4.00%) | ||||
Top of Range | |||||
Sector Regulations And Electricity System Operations [Line Items] | |||||
Connected capacity for regulated customers | 5,000 | ||||
Connected capacity to have option to contract energy at agree prices | 5,000 | ||||
Profitability margin range | 4.00% | ||||
Residential customers national tariff limit | 10.00% |
Non-Current Assets or Disposa_2
Non-Current Assets or Disposal Groups Classified as Held For Sale - Additional Information (Detail) - Electrogas S.A. [Member] $ in Thousands, $ in Millions | Feb. 07, 2017 | Dec. 31, 2016USD ($) | Dec. 31, 2016CLP ($) |
Disclosure Of Noncurrent Assets And Disposal Groups Classified As Held For Sale [Line Items] | |||
Percentage of total ownership interest | 42.50% | 42.50% | 42.50% |
Amount of sale of subsidiary | $ 180 | $ 115,582,806 | |
Proceeds from disposal of non-current assets or disposal groups classified as held for sale per tax gain and discontinued operations | $ 105,311,912 |
Business Combinations Under C_3
Business Combinations Under Common Control - Additional Information (Detail) - CLP ($) | Apr. 02, 2018 | Apr. 01, 2018 | Dec. 20, 2017 | May 11, 1999 | Dec. 31, 2018 | Dec. 31, 2017 |
Disclosure of detailed information about business combination [line items] | ||||||
Issued capital | $ 1,891,727,278,668,000 | $ 3,954,491,479,000 | $ 2,229,108,975,000 | |||
New common shares issued | 23,069,844,862 | |||||
Enel Generacin Chile S.A. [Member] | ||||||
Disclosure of detailed information about business combination [line items] | ||||||
Ownership interest in subsidiary | 60.00% | |||||
Enel Generacin Chile S.A. [Member] | Enel S.p.A. [Member] | ||||||
Disclosure of detailed information about business combination [line items] | ||||||
Ownership interest in subsidiary | 61.93% | |||||
Enel Generacin Chile S.A. [Member] | ||||||
Disclosure of detailed information about business combination [line items] | ||||||
Proportion of ownership interests held by non-controlling interests | 40.00% | |||||
Ownership interest in subsidiary | 93.55% | 59.98% | 93.55% | 59.98% | ||
Subscription price per share under preemptive rights offering | $ 82 | |||||
Enel Generacin Chile S.A. [Member] | Ordinary shares [member] | ||||||
Disclosure of detailed information about business combination [line items] | ||||||
Tender Offer consideration paid in cash (per share) | 590 | |||||
Cash consideration paid used to subscribe share | 236 | |||||
Common stock subscription price | 82 | |||||
Enel Generacin Chile S.A. [Member] | American Depositary Shares [Member] | ||||||
Disclosure of detailed information about business combination [line items] | ||||||
Tender Offer consideration paid in cash (per share) | 17,700 | |||||
Cash consideration paid used to subscribe share | 7,080 | |||||
Common stock subscription price | $ 4,100 |
Business Combinations Under C_4
Business Combinations Under Common Control - Identifiable Assets Acquired and Liabilities Assumed (Details) - Enel Green Power Latin America S.A. [Member] $ in Thousands | Apr. 02, 2018CLP ($) |
Amounts recognised as of acquisition date for each major class of assets acquired and liabilities assumed [abstract] | |
Cash and cash equivalents | $ 12,173,982 |
Other current financial assets | 8,460 |
Other current non-financial assets | 3,832,583 |
Trade and other current receivables | 27,414,273 |
Current accounts receivables to related parties | 73,749,131 |
Inventories | 2,851,171 |
Current tax assets | 2,750,250 |
Other non-current financial assets | 5,685,422 |
Other non-current non-financial assets | 262,878 |
Trade and other non-current receivables | 43,829,961 |
Intangible assets other than goodwill | 41,786,159 |
Goodwill | 6,652,935 |
Property, plant and equipment | 1,365,850,084 |
Deferred tax assets | 21,246,605 |
Other current financial liabilities | (62,444,763) |
Trade and other current payables | (49,109,886) |
Current accounts payable to related parties | (33,381,911) |
Current tax liabilities | (347,483) |
Other non-current financial liabilities | (259,856,654) |
Non-current accounts payable to related parties | (396,081,972) |
Other non-current provision | (9,169,918) |
Deferred tax liabilities recognised as of acquisition date | (58,067,689) |
Provisions for non-current employee benefits | (603,109) |
Net identifiable assets acquired | $ 739,030,509 |
Argentina's Hyperinflationary_3
Argentina's Hyperinflationary Economy (Detail) | Dec. 31, 2018 | Dec. 31, 2017 |
ARGENTINA'S HYPERINFLATIONARY ECONOMY | ||
General price index | 47.83 | 85.52 |
Argentina's Hyperinflationary_4
Argentina's Hyperinflationary Economy - effect in the Consolidated Statements of Comprehensive Income (Details) - CLP ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | Jan. 01, 2018 | |
Disclosure of Hyperinflationary Reporting [Line Items] | ||||
Intangible assets other than goodwill | $ (60,201,489) | $ (10,700,154) | ||
Property, plant and equipment | (1,722,960,496) | (109,558,503) | ||
Equity | (110,050,715) | 323,968,015 | $ 261,092,859 | |
Employee benefits expense | (123,130,334) | (121,503,777) | (124,098,428) | |
Financial income | 19,934,468 | 21,662,688 | 23,105,901 | |
Financial costs | (122,184,189) | $ (53,510,882) | $ (58,199,382) | |
Adoption IAS 29 [Member] | ||||
Disclosure of Hyperinflationary Reporting [Line Items] | ||||
Intangible assets other than goodwill | 180 | |||
Property, plant and equipment | 1,035,084 | |||
Equity | (3,743,959) | |||
Other Services Provision | (1,189,452) | |||
Other Variable Provisioning and Services | 21,503 | |||
Employee benefits expense | 143,148 | |||
Other fixed operating expenses | 147,975 | |||
Financial income | 268,511 | |||
Financial costs | (67,707) | |||
Result due to Hyperinflation * | $ (3,786,325) | |||
Credit to retained earnings | $ 664,470 |
Cash and Cash Equivalents - Sum
Cash and Cash Equivalents - Summary of Cash and Cash Equivalents (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 |
CASH AND CASH EQUIVALENTS. | ||||
Cash balances | $ 44,326 | $ 53,875 | ||
Bank balances | 98,395,997 | 35,208,300 | ||
Time deposits | 5,782,252 | 11,155,249 | ||
Other fixed-income instruments | 140,949,349 | 373,038,602 | ||
Total | $ 245,171,924 | $ 419,456,026 | $ 245,999,192 | $ 144,261,845 |
Cash and Cash Equivalents - Add
Cash and Cash Equivalents - Additional Information (Detail) - Top of Range | 12 Months Ended |
Dec. 31, 2018 | |
Disclosure Of Cash And Cash Equivalents [Line Items] | |
Time deposits maturity description | P3M |
Other fixed-income instruments maturity description | P90D |
Cash and Cash Equivalents - S_2
Cash and Cash Equivalents - Summary of Cash and Cash Equivalents by Currency (Detail) - CLP ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 | |
Disclosure Of Cash And Cash Equivalents [Line Items] | ||||
Cash and cash equivalents | $ 245,171,924 | $ 419,456,026 | $ 245,999,192 | $ 144,261,845 |
Payments to obtain consolidated entities | 0 | 0 | ||
Chilean Peso [Member] | ||||
Disclosure Of Cash And Cash Equivalents [Line Items] | ||||
Cash and cash equivalents | 222,434,412 | 399,164,753 | ||
Argentine Peso [Member] | ||||
Disclosure Of Cash And Cash Equivalents [Line Items] | ||||
Cash and cash equivalents | 6,057,793 | 6,263,344 | ||
Euros [Member] | ||||
Disclosure Of Cash And Cash Equivalents [Line Items] | ||||
Cash and cash equivalents | 103,847 | 11,594 | ||
U.S. Dollar [Member] | ||||
Disclosure Of Cash And Cash Equivalents [Line Items] | ||||
Cash and cash equivalents | $ 16,575,872 | $ 14,016,335 |
Cash and Cash Equivalents - S_3
Cash and Cash Equivalents - Summary of Cash and Cash Equivalents Received from Sale of Shares of Associates (Detail) - CLP ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2017 | Dec. 31, 2016 | |
CASH AND CASH EQUIVALENTS. | ||
Amounts received for the sale of Associates | $ 115,582,806 | $ 132,820,800 |
Total | $ 115,582,806 | $ 132,820,800 |
Cash and Cash Equivalents - S_4
Cash and Cash Equivalents - Summary of Reconciliation of Liabilities Arising from Financing Activities (Detail) - CLP ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Disclosure Of Cash And Cash Equivalents [Line Items] | ||
Beginning balance | $ 748,709,978 | $ 843,700,973 |
Financing Cash Flows, From | 1,565,782,604 | 150,000,000 |
Financing Cash Flows, Used | (844,723,456) | (162,975,507) |
Financing Cash Flows, Interest paid | (116,540,891) | (43,816,959) |
Financing Cash Flows, Total | 604,518,257 | (56,792,466) |
Non-Cash Changes, Acquisition of subsidiaries | 715,268,615 | |
Non-Cash Changes, Changes in fair value | 48,389,489 | (25,059,561) |
Non-Cash Changes, Foreign exchange differences | 264,754,524 | (58,074,683) |
Non-Cash Changes, Financial costs | 149,852,881 | 49,437,310 |
Non-Cash Changes, Other changes | (11,257,787) | (4,501,595) |
Ending Balance | 2,520,235,957 | 748,709,978 |
Bank Loans [Member] | ||
Disclosure Of Cash And Cash Equivalents [Line Items] | ||
Beginning balance | 122 | 4,274 |
Financing Cash Flows, Used | (4,156) | |
Financing Cash Flows, Interest paid | (12,581) | |
Financing Cash Flows, Total | (16,737) | |
Non-Cash Changes, Financial costs | 12,585 | |
Ending Balance | 122 | |
Unsecured Obligations [Member] | ||
Disclosure Of Cash And Cash Equivalents [Line Items] | ||
Beginning balance | 763,579,584 | 802,306,160 |
Financing Cash Flows, From | 625,368,154 | |
Financing Cash Flows, Used | (5,654,112) | (5,530,327) |
Financing Cash Flows, Interest paid | (59,362,432) | (43,514,578) |
Financing Cash Flows, Total | 560,351,610 | (49,044,905) |
Non-Cash Changes, Foreign exchange differences | 128,056,234 | (33,226,098) |
Non-Cash Changes, Financial costs | 64,400,703 | 43,544,427 |
Non-Cash Changes, Other changes | (11,106,048) | |
Ending Balance | 1,505,282,083 | 763,579,584 |
Finance Leases [Member] | ||
Disclosure Of Cash And Cash Equivalents [Line Items] | ||
Beginning balance | 14,608,914 | 17,749,647 |
Financing Cash Flows, Used | (1,889,685) | (2,592,236) |
Financing Cash Flows, Interest paid | (739,070) | |
Financing Cash Flows, Total | (2,628,755) | (2,592,236) |
Non-Cash Changes, Foreign exchange differences | 1,757,221 | (1,359,668) |
Non-Cash Changes, Financial costs | 739,070 | 811,171 |
Ending Balance | 14,476,450 | 14,608,914 |
Other Liabilities [Member] | ||
Disclosure Of Cash And Cash Equivalents [Line Items] | ||
Financing Cash Flows, Used | (1,303,692) | |
Financing Cash Flows, Total | (1,303,692) | |
Non-Cash Changes, Foreign exchange differences | 52,972 | |
Non-Cash Changes, Other changes | 1,250,720 | |
Financial Derivatives for Hedging [Member] | ||
Disclosure Of Cash And Cash Equivalents [Line Items] | ||
Beginning balance | (29,478,642) | 23,640,892 |
Financing Cash Flows, Used | (3,543,399) | |
Financing Cash Flows, Total | (3,543,399) | |
Non-Cash Changes, Changes in fair value | (25,059,561) | |
Non-Cash Changes, Foreign exchange differences | (23,488,917) | |
Non-Cash Changes, Financial costs | 3,473,938 | |
Non-Cash Changes, Other changes | (4,501,595) | |
Ending Balance | (29,478,642) | |
Loans to Related Parties [Member] | ||
Disclosure Of Cash And Cash Equivalents [Line Items] | ||
Financing Cash Flows, From | 150,000,000 | |
Financing Cash Flows, Used | (150,000,000) | |
Financing Cash Flows, Interest paid | (289,800) | |
Financing Cash Flows, Total | (289,800) | |
Non-Cash Changes, Financial costs | 289,800 | |
Other obligations [Member] | ||
Disclosure Of Cash And Cash Equivalents [Line Items] | ||
Financing Cash Flows, Used | (23,307,842) | (1,305,389) |
Financing Cash Flows, Total | (23,307,842) | (1,305,389) |
Non-Cash Changes, Financial costs | $ 23,307,842 | $ 1,305,389 |
Other Financial Assets - Summar
Other Financial Assets - Summary of Other Financial Assets (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
OTHER FINANCIAL ASSETS | ||
Financial assets at fair value with changes in results, Current | $ 90,839 | $ 0 |
Financial assets at fair value with change in other comprehensive income, Current | 269,031 | 0 |
Financial assets held to maturity, current | 880,268 | 185,913 |
Hedging derivatives, current | 39,022,012 | 20,038,433 |
Non-Hedging derivatives, current | 41,023 | 402,716 |
Other current financial assets | 40,303,173 | 20,627,062 |
Financial assets at fair value with changes in results, Non-current | 0 | 33,158 |
Financial assets at fair value with change in other comprehensive income, Non-current | 2,352,894 | 2,595,343 |
Financial assets held to maturity, non-current | 689,146 | 0 |
Hedging derivatives, non-current | 4,191,543 | 30,789,703 |
Non-Hedging derivatives non-current | 36,086 | 0 |
Other non-current financial assets | $ 7,269,669 | $ 33,418,204 |
Other Non-financial Assets an_3
Other Non-financial Assets and Liabilities - Other non-financial assets (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Disclosure Of Financial Assets [Line Items] | ||
Other current non-financial assets | $ 22,406,088 | $ 18,785,891 |
Other non-current non-financial assets | 44,608,012 | 13,813,139 |
VAT Tax Credit and Other Taxes | ||
Disclosure Of Financial Assets [Line Items] | ||
Other current non-financial assets | 11,281,502 | 12,727,682 |
Other non-current non-financial assets | 29,198,027 | |
Prepaid expenses | ||
Disclosure Of Financial Assets [Line Items] | ||
Other current non-financial assets | 4,711,173 | 2,867,826 |
Guarantee deposit | ||
Disclosure Of Financial Assets [Line Items] | ||
Other non-current non-financial assets | 1,902,479 | 2,165,040 |
PPM water rights | ||
Disclosure Of Financial Assets [Line Items] | ||
Other non-current non-financial assets | 6,544,100 | 5,300,052 |
Spare parts with consumption schedule over 12 months | ||
Disclosure Of Financial Assets [Line Items] | ||
Other non-current non-financial assets | 4,324,153 | 5,444,789 |
Other | ||
Disclosure Of Financial Assets [Line Items] | ||
Other current non-financial assets | 6,413,413 | 3,190,383 |
Other non-current non-financial assets | $ 2,639,253 | $ 903,258 |
Other Non-financial Assets an_4
Other Non-financial Assets and Liabilities - Other non-financial liabilities (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Disclosure Of Financial Liabilities [Line Items] | ||
Other current non-financial liabilities | $ 71,308,982 | $ 49,746,030 |
Other non-current non-financial liabilities | 226,653 | 309,776 |
VAT and Other Taxes due | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Other current non-financial liabilities | 56,341,865 | 31,669,402 |
Tax Due for payment related to Central Elica Canela S.A. | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Other current non-financial liabilities | 6,795,376 | |
Reimbursable financial contributions | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Other non-current non-financial liabilities | 226,653 | 309,776 |
Splices | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Other current non-financial liabilities | 10,456,081 | 7,884,841 |
Transfer of networks | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Other current non-financial liabilities | 1,786,635 | 1,811,479 |
Products and services | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Other current non-financial liabilities | 1,502,411 | 937,259 |
Other | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Other current non-financial liabilities | $ 1,221,990 | $ 647,673 |
Trade and Other Receivables - S
Trade and Other Receivables - Summary of Trade and Other Receivables, Net (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Disclosure Of Trade And Other Receivables [Line Items] | ||
Trade and other receivables, Current | $ 478,170,067 | $ 406,968,537 |
Trade receivables, Current | 417,927,182 | 380,379,326 |
Other receivables, Current | 60,242,885 | 26,589,211 |
Trade and other receivables, Non-current | 60,527,843 | 36,182,399 |
Trade receivables, Non-current | 2,046,845 | 1,917,828 |
Other receivables, Non-current | 58,480,998 | 34,264,571 |
Gross Carrying Amount [Member] | ||
Disclosure Of Trade And Other Receivables [Line Items] | ||
Trade and other receivables, Current | 527,649,947 | 463,626,345 |
Trade receivables, Current | 457,053,617 | 415,039,522 |
Other receivables, Current | 70,596,330 | 48,586,823 |
Trade and other receivables, Non-current | 60,527,843 | 36,182,399 |
Trade receivables, Non-current | 2,046,845 | 1,917,828 |
Other receivables, Non-current | $ 58,480,998 | $ 34,264,571 |
Trade and Other Receivables -_2
Trade and Other Receivables - Summary of Trade and Other Receivables, Net Additional Information (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
TRADE AND OTHER RECEIVABLES. | ||
Recoveries from insurance companies for claims | $ 18,805,057 | $ 1,048,903 |
Accounts receivable from employees | 11,663,906 | 9,709,051 |
Advances to suppliers and creditors | 19,639,578 | 5,360,307 |
Lease debtors | 61,753,441 | 34,550,131 |
Other miscellaneous receivables | $ 6,861,901 | $ 10,185,390 |
Trade and Other Receivables - A
Trade and Other Receivables - Additional Information (Detail) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018CLP ($)customer | Dec. 31, 2017customer | |
TRADE AND OTHER RECEIVABLES. | ||
Trade and other receivables held for use | $ | $ 0 | |
Number of customers with sales representing 10% or more of revenues | customer | 0 | 0 |
Trade and Other Receivables -_3
Trade and Other Receivables - Schedule of Minimum Lease Payments Receivable (Detail) - Lease Receivables [Member] - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Disclosure Of Finance Lease And Operating Lease By Lessor [Line Items] | ||
Gross | $ 72,030,994 | $ 40,029,895 |
Interest | 10,277,552 | 5,479,764 |
Present Value | 61,753,442 | 34,550,131 |
Less Than One Year [Member] | ||
Disclosure Of Finance Lease And Operating Lease By Lessor [Line Items] | ||
Gross | 8,033,838 | 4,380,499 |
Interest | 1,932,026 | 944,578 |
Present Value | 6,101,812 | 3,435,921 |
From One to Five Years [Member] | ||
Disclosure Of Finance Lease And Operating Lease By Lessor [Line Items] | ||
Gross | 32,135,353 | 17,521,998 |
Interest | 5,678,839 | 3,617,167 |
Present Value | 26,456,514 | 13,904,831 |
More Than Five Years [Member] | ||
Disclosure Of Finance Lease And Operating Lease By Lessor [Line Items] | ||
Gross | 31,861,803 | 18,127,398 |
Interest | 2,666,687 | 918,019 |
Present Value | $ 29,195,116 | $ 17,209,379 |
Trade and Other Receivables -_4
Trade and Other Receivables - Summary of Balance of Past Due But Not Impaired Trade Receivables (Detail) - Trade Receivables [Member] - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Disclosure Of Financial Assets That Are Past Due But Not Impaired [Line Items] | ||
Trade Receivables Past Due but not Impaired | $ 58,268,914 | $ 86,687,926 |
Less Than Three Months [Member] | ||
Disclosure Of Financial Assets That Are Past Due But Not Impaired [Line Items] | ||
Trade Receivables Past Due but not Impaired | 37,711,262 | 54,488,473 |
Between Three and Six Months [Member] | ||
Disclosure Of Financial Assets That Are Past Due But Not Impaired [Line Items] | ||
Trade Receivables Past Due but not Impaired | 3,916,489 | 9,008,195 |
Between Six and Twelve Months [Member] | ||
Disclosure Of Financial Assets That Are Past Due But Not Impaired [Line Items] | ||
Trade Receivables Past Due but not Impaired | 5,312,988 | 7,123,391 |
More Than Twelve Months [Member] | ||
Disclosure Of Financial Assets That Are Past Due But Not Impaired [Line Items] | ||
Trade Receivables Past Due but not Impaired | $ 11,328,175 | $ 16,067,867 |
Trade and Other Receivables -_5
Trade and Other Receivables - Summary of Reconciliation of Changes in the Allowance for Impairment of Trade Receivables (Detail) - Trade Receivables Past Due and Impaired [Member] - Trade Receivables [Member] - Accumulated impairment [member] - CLP ($) $ in Thousands | Jan. 01, 2018 | Dec. 31, 2018 | Dec. 31, 2017 |
Disclosure Of Financial Assets [Line Items] | |||
Balance at beginning of period | $ 43,874,059 | $ 43,874,059 | $ 39,461,880 |
Increases (decreases) for the year | 4,777,708 | 7,937,817 | |
Amounts written off | (3,863,702) | (3,525,638) | |
Other movements | 18,348 | ||
Balance at end of period | $ 49,479,880 | $ 43,874,059 | |
Initial balance adjustment for IFRS 9 | |||
Disclosure Of Financial Assets [Line Items] | |||
Increases (decreases) for the year | $ 4,673,467 |
Balances and Transactions wit_3
Balances and Transactions with Related Parties - Summary of Receivables from and Accounts Payable to Related Parties (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | $ 54,171,060 | $ 71,856,046 |
Accounts payable to related parties Current | 157,936,325 | 119,612,972 |
Non-current accounts payable to related parties | 447,193,802 | 318,518 |
Trade Receivables [Member] | Endesa Espana [Member] | Other Services [Member] | Spain [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 70,371 | |
Trade Receivables [Member] | Endesa Espana [Member] | Other Services [Member] | Spain [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 27,023 | 13,077 |
Trade Receivables [Member] | Empresa Electrica Panguipulli S .A. [Member] | Other Services [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 86,089 | |
Trade Receivables [Member] | Empresa Electrica Panguipulli S .A. [Member] | Energy Sales [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 1,031,125 | |
Trade Receivables [Member] | Empresa Electrica Panguipulli S .A. [Member] | Tolls [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 79,217 | |
Trade Receivables [Member] | GNL Chile S.A. [Member] | Gas Purchase [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 14,666,414 | 18,793,098 |
Trade Receivables [Member] | GNL Chile S.A. [Member] | Dividends [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 788,336 | |
Trade Receivables [Member] | Parque Eolico Talinay Oriente S.A. [Member] | Other Services [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 49,677 | |
Trade Receivables [Member] | Parque Eolico Talinay Oriente S.A. [Member] | Energy Sales [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 16,994 | |
Trade Receivables [Member] | Parque Eolico Talinay Oriente S.A. [Member] | Tolls [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 134 | |
Trade Receivables [Member] | Endesa Generacion [Member] | Other Services [Member] | Spain [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 41,820 | 36,067 |
Trade Receivables [Member] | Enel Italia Servizi SRL [Member] | Other Services [Member] | Italy [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 295,892 | 8,144 |
Trade Receivables [Member] | Enel Green Power RSA (PTY) LTD [Member] | Other Services [Member] | South Africa [Member] | U.S. Dollar [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 466,281 | |
Trade Receivables [Member] | Parque Eolico Tal Tal S.A. [Member] | Other Services [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 54,638 | |
Trade Receivables [Member] | Parque Eolico Tal Tal S.A. [Member] | Energy Sales [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 41,487 | |
Trade Receivables [Member] | Parque Eolico Tal Tal S.A. [Member] | Tolls [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 425 | |
Trade Receivables [Member] | Enel S.p.A [Member] | Other Services [Member] | Italy [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 157,701 | |
Trade Receivables [Member] | Enel S.p.A [Member] | Other Services [Member] | Italy [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 415,200 | 215,289 |
Trade Receivables [Member] | Parque Eolico Valle De Los Vientos S.A. [Member] | Other Services [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 49,677 | |
Trade Receivables [Member] | Parque Eolico Valle De Los Vientos S.A. [Member] | Energy Sales [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 75,956 | |
Trade Receivables [Member] | Proyectos y Soluciones Renovables S.A.C. [Member] | Other Services [Member] | Peru [Member] | U.S. Dollar [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 29,054 | |
Trade Receivables [Member] | Enel Italia SrL. [Member] | Other Services [Member] | Italy [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 290,838 | |
Trade Receivables [Member] | Enel Green Power Del Sur S p A [Member] | Other Services [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 310,179 | |
Trade Receivables [Member] | Enel Green Power Del Sur S p A [Member] | Energy Sales [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 28,835 | |
Trade Receivables [Member] | Enel Green Power Del Sur S p A [Member] | Tolls [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 3,443 | |
Trade Receivables [Member] | Enel Finance International NV [Member] | Loan | Holland [Member] | U.S. Dollar [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 1,008,208 | |
Trade Receivables [Member] | Enel Brasil S A [Member] | Other Services [Member] | Brazil [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 281,002 | 47,998 |
Trade Receivables [Member] | Enel Brasil S A [Member] | Other Services [Member] | Brazil [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 116,436 | |
Trade Receivables [Member] | Enel Brasil S A [Member] | Other Services [Member] | Brazil [Member] | U.S. Dollar [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 173,300 | 2,068,594 |
Trade Receivables [Member] | PH Chucas Costa Rica [Member] | Other Services [Member] | Costa Rica [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 432,233 | |
Trade Receivables [Member] | Energa y Servicios South America Spa [Member] | Other Services [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 142,847 | |
Trade Receivables [Member] | Energa y Servicios South America Spa [Member] | Mercantile Current Account [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 166,870 | |
Trade Receivables [Member] | Enel Generacion El Chocon S.A. [Member] | Other Services [Member] | Peru [Member] | U.S. Dollar [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 13,367 | |
Trade Receivables [Member] | Emgesa S.A.E.S.P[Member] | Other Services [Member] | Colombia [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 13,746 | |
Trade Receivables [Member] | Emgesa S.A.E.S.P[Member] | Other Services [Member] | Colombia [Member] | U.S. Dollar [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 703,368 | |
Trade Receivables [Member] | Codensa S.A [Member] | Other Services [Member] | Colombia [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 791,622 | |
Trade Receivables [Member] | Codensa S.A [Member] | Other Services [Member] | Colombia [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 29,221 | |
Trade Receivables [Member] | Codensa S.A [Member] | Other Services [Member] | Colombia [Member] | Colombia, Pesos | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 427,882 | |
Trade Receivables [Member] | Enel Americas S.A. [Member] | Other Services [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 4,197,951 | 1,487,709 |
Trade Receivables [Member] | Enel Americas S.A. [Member] | Other Services [Member] | Chile [Member] | U.S. Dollar [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 107,071 | 54,949 |
Trade Receivables [Member] | Geotrmica del Norte [Member] | Other Services [Member] | Chile [Member] | U.S. Dollar [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 82,830 | |
Trade Receivables [Member] | Geotrmica del Norte [Member] | Energy Sales [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 10,096 | |
Trade Receivables [Member] | Enel Green Power North America Inc [Member] | Other Services [Member] | Estados Unido [Member] | U.S. Dollar [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 57,761 | |
Trade Receivables [Member] | Enel Distribucin Peru S.A. [Member] | Other Services [Member] | Peru [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 354,283 | 354,283 |
Trade Receivables [Member] | Enel Green Power Mexico [Member] | Other Services [Member] | Mexico [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 98,519 | 152,495 |
Trade Receivables [Member] | Enel Green Power Per [Member] | Other Services [Member] | Peru [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 1,959,124 | 177,478 |
Trade Receivables [Member] | Enel Generacin Peru S.A. [Member] | Other Services [Member] | Colombia [Member] | U.S. Dollar [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 973,873 | 758,841 |
Trade Receivables [Member] | Enel Generacin Peru S.A. [Member] | Other Services [Member] | Peru [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 15,192 | |
Trade Receivables [Member] | Enel Generacin Peru S.A. [Member] | Other Services [Member] | Peru [Member] | U.S. Dollar [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 89,545 | 165,875 |
Trade Receivables [Member] | Enel Green Power Brasil [Member] | Other Services [Member] | Brazil [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 37,936 | |
Trade Receivables [Member] | Enel Green Power Brasil Participacoes LTDA [Member] | Other Services [Member] | Brazil [Member] | U.S. Dollar [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 52,215 | 9,188 |
Trade Receivables [Member] | Enel Green Power Brasil Participacoes LTDA [Member] | Other Services [Member] | Brazil [Member] | Brazilian real [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 23,329 | |
Trade Receivables [Member] | Enel Green Power Colombia SAS [Member] | Other Services [Member] | Colombia [Member] | U.S. Dollar [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 419,032 | 46,557 |
Trade Receivables [Member] | Chinango S.A.C. [Member] | Other Services [Member] | Peru [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 17,410 | |
Trade Receivables [Member] | Enel Green Power Italia [Member] | Other Services [Member] | Italy [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 262,694 | |
Trade Receivables [Member] | Energetica Monzon S.A.C. [Member] | Other Services [Member] | Peru [Member] | U.S. Dollar [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 601,512 | |
Trade Receivables [Member] | Enel Generacion Costanera S.A. [Member] | Other Services [Member] | Argentina [Member] | U.S. Dollar [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 32,264 | |
Trade Receivables [Member] | Enel Power Argentina [Member] | Other Services [Member] | Argentina [Member] | U.S. Dollar [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 276,607 | |
Trade Receivables [Member] | Enel X SLR [Member] | Other Services [Member] | Italy [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 14,233 | |
Trade Receivables [Member] | ENEL MAP [Member] | Other Services [Member] | Italy [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 10,365 | |
Trade Receivables [Member] | Aysn Energa [Member] | Other Services [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 14,286 | |
Trade Receivables [Member] | Aysn Transmisin [Member] | Other Services [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 14,285 | |
Trade Receivables [Member] | Enel Global Trading S.p.A. IT [Member] | Other Services [Member] | Italy [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 44,675 | 8,511 |
Trade Receivables [Member] | Enel Global Trading S.p.A. IT [Member] | Commodity Derivatives [Member] | Italy [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 3,671,446 | 20,751,714 |
Trade Receivables [Member] | Enel Global Trading S.p.A. IT [Member] | Gas Sales [Member] | Italy [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 18,565,698 | 21,484,590 |
Trade Receivables [Member] | Sociedad Almeyda Solar [Member] | Other Services [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 19,877 | |
Trade Receivables [Member] | Sociedad Almeyda Solar [Member] | Energy Sales [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 50,594 | |
Trade Receivables [Member] | Sociedad Almeyda Solar [Member] | Tolls [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 35,572 | |
Trade Receivables [Member] | Enel Green Power Chile Ltda. [Member] | Other Services [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 162,594 | |
Trade Receivables [Member] | Energia Nueva Energa Limpia Mexico S.R.L [Member] | Other Services [Member] | Mexico [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 52,241 | |
Trade Receivables [Member] | Empresa Distribuidora Sur S.A. [Member] | Other Services [Member] | Argentina [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 23,077 | 796,750 |
Trade Receivables [Member] | Empresa Distribuidora Sur S.A. [Member] | Other Services [Member] | Argentina [Member] | U.S. Dollar [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 464,846 | |
Trade Receivables [Member] | Enel Green Power Spa IT [Member] | Other Services [Member] | Italy [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Receivables from related parties Current | 2,405,958 | |
Accounts Payables [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 157,936,325 | 119,612,972 |
Non-current accounts payable to related parties | 447,193,802 | 318,518 |
Accounts Payables [Member] | Endesa Espana [Member] | Other Services [Member] | Spain [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 159,940 | 277,868 |
Accounts Payables [Member] | Empresa Electrica Panguipulli S .A. [Member] | Tolls [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 71,648 | |
Accounts Payables [Member] | Empresa Electrica Panguipulli S .A. [Member] | Energy Purchase | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 3,175,956 | |
Accounts Payables [Member] | GNL Chile S.A. [Member] | Other Services [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 12,389 | |
Accounts Payables [Member] | GNL Chile S.A. [Member] | Gas Purchase [Member] | Chile [Member] | U.S. Dollar [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 5,935,652 | 8,100,426 |
Accounts Payables [Member] | Parque Eolico Talinay Oriente S.A. [Member] | Tolls [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 258 | |
Accounts Payables [Member] | Parque Eolico Talinay Oriente S.A. [Member] | Energy Purchase | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 65,829 | |
Accounts Payables [Member] | Endesa Generacion [Member] | Other Services [Member] | Spain [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 22,257 | |
Accounts Payables [Member] | Endesa Generacion [Member] | Other Services [Member] | Spain [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 702,702 | 214,667 |
Accounts Payables [Member] | Parque Eolico Tal Tal S.A. [Member] | Tolls [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 484 | |
Accounts Payables [Member] | Parque Eolico Tal Tal S.A. [Member] | Energy Purchase | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 2,105,042 | |
Accounts Payables [Member] | Enel S.p.A [Member] | Other Services [Member] | Italy [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 77,415 | |
Accounts Payables [Member] | Enel S.p.A [Member] | Dividends [Member] | Italy [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 67,197,814 | 63,543,371 |
Accounts Payables [Member] | Enel S.p.A. [Member] | Other Services [Member] | Italy [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 5,866,256 | 1,583,058 |
Accounts Payables [Member] | Enel Iberia SRL [Member] | Other Services [Member] | Italy [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 35 | |
Accounts Payables [Member] | Enel Iberia SRL [Member] | Other Services [Member] | Italy [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 820,642 | |
Accounts Payables [Member] | Parque Eolico Valle De Los Vientos S.A. [Member] | Energy Purchase | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 1,261,153 | |
Accounts Payables [Member] | Enel Italia SrL. [Member] | Other Services [Member] | Italy [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 4,591,580 | |
Accounts Payables [Member] | Enel Italia SrL. [Member] | Other Services [Member] | Italy [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 12,186,715 | 2,089,122 |
Accounts Payables [Member] | Enel Green Power Del Sur S p A [Member] | Tolls [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 853 | |
Accounts Payables [Member] | Enel Green Power Del Sur S p A [Member] | Energy Purchase | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 10,323,531 | |
Accounts Payables [Member] | Enel Finance International NV [Member] | Loan | Holland [Member] | U.S. Dollar [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 123,979 | |
Non-current accounts payable to related parties | 447,193,802 | |
Accounts Payables [Member] | Enel Brasil S A [Member] | Other Services [Member] | Brazil [Member] | U.S. Dollar [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 74,949 | 77,680 |
Accounts Payables [Member] | Energa y Servicios South America Spa [Member] | Other Services [Member] | Chile [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 370,028 | |
Accounts Payables [Member] | Emgesa S.A.E.S.P[Member] | Other Services [Member] | Colombia [Member] | Colombia, Pesos | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 4,723 | 4,551 |
Accounts Payables [Member] | Codensa S.A [Member] | Other Services [Member] | Colombia [Member] | U.S. Dollar [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 13,579 | 7,936 |
Accounts Payables [Member] | Enel Americas S.A. [Member] | Other Services [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 1,461,815 | 4,650 |
Accounts Payables [Member] | Enel Americas S.A. [Member] | Other Services [Member] | Chile [Member] | U.S. Dollar [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 1,987 | 912,731 |
Accounts Payables [Member] | Enel Green Power North America Inc [Member] | Other Services [Member] | Estados Unido [Member] | U.S. Dollar [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 149,591 | |
Accounts Payables [Member] | Enel Distribucin Peru S.A. [Member] | Other Services [Member] | Peru [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 2,110 | |
Accounts Payables [Member] | Enel Distribucin Peru S.A. [Member] | Other Services [Member] | Peru [Member] | U.S. Dollar [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 2,291 | |
Accounts Payables [Member] | Enel Green Power Italia [Member] | Other Services [Member] | Italy [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 457,457 | |
Accounts Payables [Member] | Enel Green Power Italia [Member] | Other Services [Member] | Italy [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 30,353,425 | |
Accounts Payables [Member] | Enel Global Thermal Generation S.r.l. [Member] | Other Services [Member] | Italy [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 2,199,811 | |
Accounts Payables [Member] | Enel Trading Argentina S.R.L. [member] | Other Services [Member] | Argentina [Member] | U.S. Dollar [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 77,624 | |
Accounts Payables [Member] | Enel Trading Argentina S.R.L. [member] | Other Services [Member] | Argentina [Member] | Argentine Peso | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 74,740 | |
Accounts Payables [Member] | Enel Green Power Espaa SL [Member] | Other Services [Member] | Spain [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 217,859 | |
Accounts Payables [Member] | Enel Iberoamerica S.R.L [Member] | Other Services [Member] | Spain [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 35 | |
Accounts Payables [Member] | Enel Iberoamerica S.R.L [Member] | Other Services [Member] | Spain [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 749,834 | |
Accounts Payables [Member] | Enel Distribuzione | Other Services [Member] | Italy [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 336,814 | 3,187,971 |
Accounts Payables [Member] | Enel Produzione [Member] | Other Services [Member] | Italy [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 7,482,038 | 10,501,963 |
Non-current accounts payable to related parties | 318,518 | |
Accounts Payables [Member] | Enel X SLR [Member] | Other Services [Member] | Italy [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 40,656 | |
Accounts Payables [Member] | ENEL MAP [Member] | Other Services [Member] | Italy [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 1,235,525 | |
Accounts Payables [Member] | Enel Global Trading S.p.A. IT [Member] | Other Services [Member] | Italy [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 2,258,059 | 924,051 |
Accounts Payables [Member] | Enel Global Trading S.p.A. IT [Member] | Commodity Derivatives [Member] | Italy [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 9,849,260 | 4,184,469 |
Accounts Payables [Member] | Enel Energia [Member] | Other Services [Member] | Italy [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 452,289 | 348,370 |
Accounts Payables [Member] | Sociedad Almeyda Solar [Member] | Tolls [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 64,484 | |
Accounts Payables [Member] | Sociedad Almeyda Solar [Member] | Energy Purchase | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 371,339 | |
Accounts Payables [Member] | Transmisora Electrica de Quillota Ltda. [Member] | Tolls [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 13,887 | 72,965 |
Accounts Payables [Member] | Transmisora Electrica de Quillota Ltda. [Member] | Energy Purchase | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 70,984 | |
Accounts Payables [Member] | Enel Green Power Chile Ltda. [Member] | Other Services [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | $ 90,134 | |
Accounts Payables [Member] | Green Power SPA GLO [Member] | Other Services [Member] | Italy [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 7,772,801 | |
Accounts Payables [Member] | Cesi SPA [Member] | Other Services [Member] | Italy [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | 458,228 | |
Accounts Payables [Member] | Tecnatom SA [Member] | Other Services [Member] | Italy [Member] | Euros [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Accounts payable to related parties Current | $ 102,962 |
Balances and Transactions wit_4
Balances and Transactions with Related Parties - Summary of Significant Transactions and Effect on Income or Expenses (Detail) - CLP ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | |
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | $ (189,741,373) | $ (321,305,504) | $ (251,103,769) |
Endesa Energia S.A. [Member] | Gas Sales [Member] | Spain [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 10,394,146 | 18,655,911 | |
Endesa Energia S.A. [Member] | Fuel Consumption [Member] | Spain [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (134,393) | ||
Endesa Generacion [Member] | Fuel Consumption [Member] | Spain [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (54,818,466) | ||
Endesa Generacion [Member] | Other Fixed Operating Expenses [Member] | Spain [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (158,128) | ||
Enel Americas S.A. [Member] | Other Operating Income [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 182,091 | ||
Enel Americas S.A. [Member] | Other Fixed Operating Expenses [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (1,546,751) | ||
Enel Americas S.A. [Member] | Other Services Rendered [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 5,071,453 | 4,737,522 | 4,822,344 |
Enel Americas S.A. [Member] | Financial Income [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 144,404 | 540,259 | |
Enel Americas S.A. [Member] | Other Variable Expenses [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (352) | ||
Enel Americas S.A. [Member] | Financial Expense [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (289,800) | (1,933,040) | |
Enel Per S.A.C [Member] | Other Services Rendered [Member] | Peru [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 8,832 | 7,405 | 68,066 |
Enel Per S.A.C [Member] | Financial Expense [Member] | Peru [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (181) | ||
Codensa S.A [Member] | Other Operating Income [Member] | Colombia [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (709) | ||
Codensa S.A [Member] | Other Services Rendered [Member] | Colombia [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 441,519 | 399,432 | 141,664 |
Enel Brasil [Member] | Other Fixed Operating Expenses [Member] | Brazil [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (207,967) | (35,949) | |
Enel Brasil [Member] | Other Services Rendered [Member] | Brazil [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 2,044,935 | ||
Enel Brasil [Member] | Financial Income [Member] | Brazil [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (55) | ||
GNL Chile S.A. [Member] | Other Services Rendered [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (71,770) | 85,274 | 82,762 |
GNL Chile S.A. [Member] | Gas Consumption [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (81,890,342) | (146,507,390) | (102,686,858) |
GNL Chile S.A. [Member] | Gas Transportation [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (49,631,647) | (47,656,002) | (40,494,275) |
GNL Quintero S.A. [Member] | Other Operating Income [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (1,539) | ||
GNL Quintero S.A. [Member] | Other Services Rendered [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 960,390 | ||
GNL Quintero S.A. [Member] | Energy Sales [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 1,912,448 | ||
GNL Quintero S.A. [Member] | Electricity Tolls [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 79,203 | ||
Empresa Electrica Panguipulli S .A. [Member] | Other Services Rendered [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 142,757 | 415,162 | 281,190 |
Empresa Electrica Panguipulli S .A. [Member] | Energy Sales [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 18,201 | 1,242,092 | 116,726 |
Empresa Electrica Panguipulli S .A. [Member] | Electricity Tolls [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (8,973) | (254,065) | (235,950) |
Empresa Electrica Panguipulli S .A. [Member] | Energy Purchases [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (1,954,523) | (11,758,824) | (8,803,274) |
Empresa Distribuidora del Sur S.A. [Member] | Other Services Rendered [Member] | Argentina [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 424,664 | 409,823 | 398,957 |
Enel Distribucin Peru S.A. [Member] | Other Services Rendered [Member] | Peru [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 176,867 | 70,415 | |
Enel Iberoamerica S.R.L [Member] | Other Services Rendered [Member] | Spain [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (6,085) | ||
Electrogas S.A. [Member] | Fuel Consumption [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (25,025) | (717,599) | |
Electrogas S.A. [Member] | Gas Tolls [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (251,099) | (2,750,858) | |
Emgesa S.A.E.S.P[Member] | Otros ingresos de explotacion [Member] | Colombia [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 622,686 | 1,866 | (2,645) |
Enel Argentina S A | Other Fixed Operating Expenses [Member] | Argentina [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (970) | ||
Enel Generacin Peru S.A. [Member] | Other Operating Income [Member] | Peru [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (9,253) | ||
Enel Generacin Peru S.A. [Member] | Other Services Rendered [Member] | Peru [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (96,109) | ||
Enel Generacin Peru S.A. [Member] | Other services income [Member] | Peru [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 1,139,809 | 745,818 | |
Enel Generacin Peru S.A. [Member] | Financial Expense [Member] | Peru [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (349) | ||
Transmisora Electrica de Quillota Ltda. [Member] | Electricity Tolls [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (142,469) | (1,383,710) | (1,291,995) |
Transmisora Electrica de Quillota Ltda. [Member] | Energy Purchases [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (100,418) | ||
Chilectra Inversud S A | Other Operating Income [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 637 | ||
Chilectra Americas S.A. [Member] | Other Services Rendered [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 289,994 | ||
Endesa Americas S A | Other Services Rendered [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 1,260,448 | ||
PH Chucas Costa Rica [Member] | Other Fixed Operating Expenses [Member] | Costa Rica [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (79,327) | ||
PH Chucas Costa Rica [Member] | Other Services Rendered [Member] | Costa Rica [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 6,629 | 425,604 | |
PH Chucas Costa Rica [Member] | Financial Expense [Member] | Costa Rica [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (162,177) | ||
Compania Energetica Veracruz S.A.C. [Member] | Other Services Rendered [Member] | Peru [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 283,346 | 42,890 | |
Enel Trade S.p.A [Member] | Financial Expense [Member] | Italy [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (13) | ||
Enel Trade S.p.A [Member] | Otros Aprovisionamientos [Member] | Italy [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (1,213,116) | ||
Enel Trade S.p.A [Member] | Derivados de commodities [Member] | Italy [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 10,565,377 | 19,941,617 | |
Almeyda Solar SpA [Member] | Other Services Rendered [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 14,129 | 40,643 | 152,419 |
Almeyda Solar SpA [Member] | Other Fixed Operating Expenses [Member] | Italy [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (76,905) | ||
Almeyda Solar SpA [Member] | Energy Sales [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (4,325) | 344,090 | 64,174 |
Almeyda Solar SpA [Member] | Electricity Tolls [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 63,155 | (212,402) | (188,859) |
Almeyda Solar SpA [Member] | Energy Purchases [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (1,052,840) | (4,306,145) | (3,674,821) |
Enel S.p.A [Member] | Other Fixed Operating Expenses [Member] | Italy [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (1,082,418) | (658,611) | (34,700) |
Enel S.p.A [Member] | Financial Expense [Member] | Italy [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (1,057,535) | ||
Enel Italia Servizi [Member] | Other Fixed Operating Expenses [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (2,230,668) | (1,547,695) | |
Enel Green Power Del Sur S p A [Member] | Other Services Rendered [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 220,518 | 634,361 | 15 |
Enel Green Power Del Sur S p A [Member] | Energy Sales [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 25,918 | 528,740 | 48,322 |
Enel Green Power Del Sur S p A [Member] | Electricity Tolls [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 3,531 | 3,730 | (2,323) |
Enel Green Power Del Sur S p A [Member] | Energy Purchases [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (30,205,373) | (104,865,684) | (34,952,571) |
Parque Eolico Valle De Los Vientos S.A. [Member] | Energy Sales [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (63,086) | 144,589 | 558,966 |
Parque Eolico Valle De Los Vientos S.A. [Member] | Energy Purchases [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (3,349,525) | (16,630,422) | (11,992,799) |
Parque Eolico Tal Tal S.A. [Member] | Other Services Rendered [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 38,846 | 111,748 | |
Parque Eolico Tal Tal S.A. [Member] | Energy Sales [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 18,960 | 109,643 | 23,932 |
Parque Eolico Tal Tal S.A. [Member] | Electricity Tolls [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (51) | 250 | |
Parque Eolico Tal Tal S.A. [Member] | Energy Purchases [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (4,448,833) | (25,959,608) | (22,415,584) |
Enel Green Power Chile Ltda. [Member] | Other Services Rendered [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 102,298 | 162,848 | 34,855 |
Geotrmica del Norte [Member] | Other Services Rendered [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 69,605 | ||
Geotrmica del Norte [Member] | Energy Sales [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 33,607 | 10,552 | |
Geotrmica del Norte [Member] | Energy Purchases [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (1,929) | (456) | |
Chinango S.A.C. [Member] | Other Services Rendered [Member] | Peru [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 39,759 | 18,516 | |
Enel Ingeneria e Innovazione [Member] | Other Fixed Operating Expenses [Member] | Italy [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (328,310) | ||
Enel Ingeneria e Innovazione [Member] | Other Services Rendered [Member] | Italy [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 30,806 | ||
Enel Green Power Colombia SAS [Member] | Other Services Rendered [Member] | Colombia [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 302,992 | 46,557 | |
Enel Produzione [Member] | Other Fixed Operating Expenses [Member] | Italy [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 94,045 | ||
Enel Distribuzione | Other Fixed Operating Expenses [Member] | Italy [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (654,622) | ||
Parque Eolico Talinay Oriente S.A. [Member] | Other Services Rendered [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 35,317 | 101,595 | |
Parque Eolico Talinay Oriente S.A. [Member] | Energy Sales [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 19,952 | 128,626 | 89,710 |
Parque Eolico Talinay Oriente S.A. [Member] | Electricity Tolls [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 165 | 144 | |
Parque Eolico Talinay Oriente S.A. [Member] | Energy Purchases [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (214,455) | (539,646) | (370,964) |
Enel Trading Argentina S.R.L. [member] | Other Services Rendered [Member] | Argentina [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 11,488 | ||
Enel Green Power Italia [Member] | Other Services Rendered [Member] | Italy [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 262,694 | ||
Enel Green Power Per [Member] | Other Services Rendered [Member] | Peru [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 258,120 | 177,478 | |
Enel Green Power Brasil [Member] | Other Services Rendered [Member] | Brazil [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 37,936 | ||
Enel Green Power Brasil Participacoes LTDA [Member] | Other Services Rendered [Member] | Brazil [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 23,828 | 9,188 | |
Enel Green Power Mexico [Member] | Other Fixed Operating Expenses [Member] | Mexico [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (53,976) | ||
Enel Green Power Mexico [Member] | Other Services Rendered [Member] | Mexico [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 152,495 | ||
Enel Green Power Argentina [Member] | Other Services Rendered [Member] | Argentina [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 871 | ||
Enel Green Power RSA (PTY) LTD [Member] | Other Services Rendered [Member] | South Africa [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 875 | ||
Enel Green Power NA, Inc [Member] | Other Services Rendered [Member] | US [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 40,519 | ||
Enel Italia IT [Member] | Other Fixed Operating Expenses [Member] | Italy [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (4,111,525) | ||
Enel Global Thermal Generation S.r.l. [Member] | Other Fixed Operating Expenses [Member] | Italy [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (1,845,425) | ||
Empresa Nacional de Geotermia SA [Member] | Energy Sales [Member] | Chile [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 1,857 | ||
Enel Iberia SRL [Member] | Other Fixed Operating Expenses [Member] | Italy [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (29,015) | ||
Enel Generacion El Chocon S.A. [Member] | Other Services Rendered [Member] | Argentina [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 10,176 | ||
Enel Generacin Piura S.A. [Member] | Other Services Rendered [Member] | Peru [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 98,421 | 168,961 | |
Enel Generacin Piura S.A. [Member] | Other Fixed Operating Expenses [Member] | Peru [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (57,180) | ||
Enel Generacin Piura S.A. [Member] | Financial Expense [Member] | Peru [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (57) | $ (135) | |
Enel Global Trading S.p.A. IT [Member] | Other Operating Income [Member] | Italy [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 9,191,693 | ||
Enel Global Trading S.p.A. IT [Member] | Other Variable Expenses [Member] | Italy [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | $ (2,120,323) | ||
Enel Finance International NV [Member] | Other Financial Expense [Member] | Holland [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (23,253,535) | ||
Enel Finance International NV [Member] | Financial Income [Member] | Holland [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 570,591 | ||
Enel Generacion Costanera S.A. [Member] | Other Services Rendered [Member] | Argentina [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 28,106 | ||
Enel Green Power Espaa SL [Member] | Other Fixed Operating Expenses [Member] | Spain [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (61,372) | ||
Enel Green Power Spa IT [Member] | Other Fixed Operating Expenses [Member] | Italy [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (4,257,363) | ||
Enel Green Power Spa IT [Member] | Other Services Rendered [Member] | Italy [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 698,380 | ||
Enel Green Power Spa IT [Member] | Financial Expense [Member] | Italy [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (2) | ||
ENEL MAP [Member] | Other Fixed Operating Expenses [Member] | Italy [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | (343,645) | ||
Energa y Servicios South America Spa [Member] | Other Services Rendered [Member] | Colombia [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 82,081 | ||
Energetica Monzon S.A.C. [Member] | Other Services Rendered [Member] | Peru [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | 114,660 | ||
Energia Nueva Energa Limpia Mexico S.R.L [Member] | Other Services Rendered [Member] | Mexico [Member] | |||
Disclosure Of Transactions Between Related Parties [Line Items] | |||
Significant transactions and effects on income/expenses | $ 67,919 |
Balances and Transactions wit_5
Balances and Transactions with Related Parties - Additional Information (Detail) $ in Thousands, $ in Millions | Dec. 20, 2012USD ($) | May 31, 2017CLP ($) | Jun. 30, 2017USD ($) | Dec. 31, 2018CLF ( )directoritem | Dec. 31, 2018CLP ($)directoritem | Dec. 31, 2017CLP ($) | Dec. 31, 2015USD ($) | Dec. 31, 2015CLP ($) | Dec. 31, 2018USD ($) | Dec. 31, 2018CLP ($) | Mar. 28, 2018 | Dec. 31, 2017USD ($) | Dec. 31, 2017CLP ($) |
Disclosure Of Transactions Between Related Parties [Line Items] | |||||||||||||
Number of members in Board of Directors | director | 7 | 7 | |||||||||||
Term of service for each director | 3 years | 3 years | |||||||||||
Amounts payable to related parties | $ 157,936,325 | $ 119,612,972 | |||||||||||
Compensation for directors | $ 3,779,308 | $ 3,700,042 | |||||||||||
Enel Chile Board [Member] | |||||||||||||
Disclosure Of Transactions Between Related Parties [Line Items] | |||||||||||||
Amounts receivable from related parties | 0 | ||||||||||||
Amounts payable to related parties | 0 | ||||||||||||
Description of compensation transactions | The compensantion consists of paying to each member of the Board of Director a monthly payment in a part to all and eventual event. | The compensantion consists of paying to each member of the Board of Director a monthly payment in a part to all and eventual event. | |||||||||||
Compensation for directors | $ 454,471 | 445,161 | |||||||||||
Enel Chile Board [Member] | Monthly Fee [Member] | |||||||||||||
Disclosure Of Transactions Between Related Parties [Line Items] | |||||||||||||
Compensation for directors | | 216 | ||||||||||||
Enel Chile Board [Member] | Per Diem For Each Meeting | |||||||||||||
Disclosure Of Transactions Between Related Parties [Line Items] | |||||||||||||
Compensation for directors | | 79.2 | ||||||||||||
Maximum number of sessions for per diem | item | 16 | 16 | |||||||||||
Chairman [Member] | |||||||||||||
Disclosure Of Transactions Between Related Parties [Line Items] | |||||||||||||
Description of compensation transactions | the compensation for the Chairman of the Board will be the double that of a Director | the compensation for the Chairman of the Board will be the double that of a Director | |||||||||||
Directors Committee [Member] | |||||||||||||
Disclosure Of Transactions Between Related Parties [Line Items] | |||||||||||||
Description of compensation transactions | Each member will be paid a monthly compensation, one part in a fixed monthly fee and another part dependent on meetings attended as follows: | Each member will be paid a monthly compensation, one part in a fixed monthly fee and another part dependent on meetings attended as follows: | |||||||||||
Compensation for directors | $ 93,054 | $ 85,512 | |||||||||||
Directors Committee [Member] | Monthly Fee [Member] | |||||||||||||
Disclosure Of Transactions Between Related Parties [Line Items] | |||||||||||||
Compensation for directors | | 72 | ||||||||||||
Directors Committee [Member] | Per Diem For Each Meeting | |||||||||||||
Disclosure Of Transactions Between Related Parties [Line Items] | |||||||||||||
Compensation for directors | | 26.40 | ||||||||||||
Maximum number of sessions for per diem | item | 16 | 16 | |||||||||||
EGP Chile Group [Member] | |||||||||||||
Disclosure Of Transactions Between Related Parties [Line Items] | |||||||||||||
short-term loans | $ 150,000,000 | ||||||||||||
Marging rate of interest | 0.05% | ||||||||||||
Outstanding debt | 0 | ||||||||||||
Enel Finance International NV [Member] | Enel Green Power Del Sur S p A [Member] | |||||||||||||
Disclosure Of Transactions Between Related Parties [Line Items] | |||||||||||||
Outstanding debt | $ 644 | 447,431,880 | $ 644 | 395,899,000 | |||||||||
Committed amount | $ 650 | $ 451,600,500 | |||||||||||
Percentage of fee on margin | 35.00% | ||||||||||||
Enel Finance International NV [Member] | Enel Green Power Del Sur S p A [Member] | Libor 6M | |||||||||||||
Disclosure Of Transactions Between Related Parties [Line Items] | |||||||||||||
Marging rate of interest | 4.94% | 4.94% | |||||||||||
Enel Finance International NV [Member] | Enel Green Power Chile S.A. [Member] | |||||||||||||
Disclosure Of Transactions Between Related Parties [Line Items] | |||||||||||||
Marging rate of interest | 1.35% | ||||||||||||
Outstanding debt | $ 1,453 | $ 1,008,208 | $ 78 | $ 47,950,500 | |||||||||
Committed amount | $ 250 | $ 50 | $ 800 | ||||||||||
Enel Finance International NV [Member] | Enel Green Power Chile S.A. [Member] | Libor 3M | |||||||||||||
Disclosure Of Transactions Between Related Parties [Line Items] | |||||||||||||
Marging rate of interest | 2.50% | ||||||||||||
Enel Finance International NV [Member] | Enel Green Power Chile Ltda. [Member] | Libor 1M | |||||||||||||
Disclosure Of Transactions Between Related Parties [Line Items] | |||||||||||||
Marging rate of interest | 0.80% | 0.80% |
Balances and Transactions wit_6
Balances and Transactions with Related Parties - Summary of Compensation Paid to Members of the Board of Directors (Detail) - CLP ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Enel Chile Board | $ 3,779,308 | $ 3,700,042 |
Enel Chile Board [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Enel Chile Board | 454,471 | 445,161 |
Directors Committee [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Enel Chile Board | 93,054 | 85,512 |
Herman Chadwick Pinera [Member] | Enel Chile Board [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Enel Chile Board | 181,789 | 178,065 |
Fernan Gazmuri Plaza [Member] | Enel Chile Board [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Enel Chile Board | 90,894 | 89,032 |
Fernan Gazmuri Plaza [Member] | Directors Committee [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Enel Chile Board | 31,018 | 28,504 |
Pedro Pablo Cabrera Gaete [Member] | Enel Chile Board [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Enel Chile Board | 90,894 | 89,032 |
Pedro Pablo Cabrera Gaete [Member] | Directors Committee [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Enel Chile Board | 31,018 | 28,504 |
Juan Gerardo Jofre Miranda [Member] | Enel Chile Board [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Enel Chile Board | 90,894 | 89,032 |
Juan Gerardo Jofre Miranda [Member] | Directors Committee [Member] | ||
Disclosure Of Transactions Between Related Parties [Line Items] | ||
Enel Chile Board | $ 31,018 | $ 28,504 |
Balances and Transactions wit_7
Balances and Transactions with Related Parties - Summary of Compensation Received by Key Management Personnel (Detail) - CLP ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
BALANCES AND TRANSACTIONS WITH RELATED PARTIES | ||
Cash compensation | $ 2,959,019 | $ 2,959,467 |
Short-term benefits for employees | 497,424 | 557,122 |
Other long-term benefits | 322,865 | 183,453 |
Total | 3,779,308 | $ 3,700,042 |
Gauranteed to key management personnel | $ 0 |
Inventories - Summary of Classe
Inventories - Summary of Classes of Inventories (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
INVENTORIES. | ||
Supplies for Production | $ 34,384,582 | $ 16,879,260 |
Gas | 5,712,978 | 2,301,172 |
Oil | 2,684,688 | 2,593,806 |
Coal | 25,986,916 | 11,984,282 |
Supplies for projects and spare parts | 14,354,027 | 12,311,718 |
Electrical materials | 8,223,034 | 10,495,964 |
Total | $ 56,961,643 | $ 39,686,942 |
Inventories - Additional Inform
Inventories - Additional Information (Detail) - CLP ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | |
INVENTORIES. | |||
Inventories pledged as security for liabilities | $ 0 | $ 0 | |
Raw materials and consumables recognized as fuel expenses | $ 231,028,169 | $ 280,739,362 | $ 295,148,838 |
Current Tax Assets and Liabil_3
Current Tax Assets and Liabilities - Summary of Current Tax Assets and Liabilities (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
CURRENT TAX ASSETS AND LIABILITIES | ||
Monthly provisional tax payments | $ 52,950,410 | $ 63,942,847 |
Tax credit for absorbed profits | 46,343,265 | 13,433,962 |
Tax credit for training expenses | 470,142 | 261,000 |
Other | 118,239 | |
Total | 99,763,817 | 77,756,048 |
Income tax | 17,677,920 | 67,027,507 |
Total | $ 17,677,920 | $ 67,027,507 |
Investments Accounted for Usi_3
Investments Accounted for Using the Equity Method - Summary of Changes in Investments in Associates and Joint Ventures Accounted For Using the Equity Method (Detail) - CLP ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Disclosure Of Significant Investments In Associates And Joint Ventures [Line Items] | ||
Investments accounted for using Equity Method, Beginning balance | $ 16,912,454 | $ 18,738,198 |
Additions | 1,943,100 | |
Share of Profit (Loss) | 3,190,240 | (2,696,904) |
Dividends Declared | (1,884,140) | (743,734) |
Foreign Currency Translation | 239,766 | (327,039) |
Other Comprehensive Income | (1,490) | |
Other Increase (Decrease) | (5,584,789) | 323 |
Investments accounted for using Equity Method, Ending balance | $ 12,873,531 | $ 16,912,454 |
Transmisora Electrica de Quillota Ltda. [Member] | ||
Disclosure Of Significant Investments In Associates And Joint Ventures [Line Items] | ||
Ownership Interest | 0.08% | 50.00% |
Investments accounted for using Equity Method, Beginning balance | $ 8,818,759 | $ 8,222,763 |
Share of Profit (Loss) | 654,952 | 595,996 |
Investments accounted for using Equity Method, Ending balance | $ 9,473,711 | $ 8,818,759 |
Enel Argentina S A | ||
Disclosure Of Significant Investments In Associates And Joint Ventures [Line Items] | ||
Ownership Interest | 0.12% | 0.12% |
Investments accounted for using Equity Method, Beginning balance | $ 105,146 | $ 91,335 |
Share of Profit (Loss) | 86,021 | 44,176 |
Foreign Currency Translation | (108,069) | (29,198) |
Other Comprehensive Income | (1,490) | |
Other Increase (Decrease) | 217,100 | 323 |
Investments accounted for using Equity Method, Ending balance | $ 300,198 | $ 105,146 |
GNL Chile S.A. [Member] | ||
Disclosure Of Significant Investments In Associates And Joint Ventures [Line Items] | ||
Ownership Interest | 33.33% | 33.33% |
Investments accounted for using Equity Method, Beginning balance | $ 3,783,316 | $ 3,982,934 |
Share of Profit (Loss) | 805,972 | 841,957 |
Dividends Declared | (1,884,140) | (743,734) |
Foreign Currency Translation | 347,835 | (297,841) |
Investments accounted for using Equity Method, Ending balance | $ 3,052,983 | $ 3,783,316 |
Energa Marina SpA [Member] | ||
Disclosure Of Significant Investments In Associates And Joint Ventures [Line Items] | ||
Ownership Interest | 25.00% | |
Share of Profit (Loss) | $ (91,213) | |
Other Increase (Decrease) | 137,852 | |
Investments accounted for using Equity Method, Ending balance | 46,639 | |
Centrales Hidroelectricas de Aysen S.A. [Member] | ||
Disclosure Of Significant Investments In Associates And Joint Ventures [Line Items] | ||
Ownership Interest | 51.00% | |
Investments accounted for using Equity Method, Beginning balance | 4,205,233 | $ 6,441,166 |
Additions | 1,943,100 | |
Share of Profit (Loss) | 1,734,508 | (4,179,033) |
Other Increase (Decrease) | $ (5,939,741) | |
Investments accounted for using Equity Method, Ending balance | $ 4,205,233 |
Investments Accounted for Usi_4
Investments Accounted for Using the Equity Method - Balance Sheet Considered for Liquidation Process (Detail) - CLP ($) | Sep. 07, 2018 | Dec. 31, 2018 | Dec. 31, 2014 | Dec. 31, 2017 | Dec. 20, 2017 | Dec. 31, 2016 | Dec. 31, 2015 |
Disclosure Of Significant Investments In Associates And Joint Ventures [Line Items] | |||||||
Impairment loss | $ 779,825,000 | ||||||
CURRENT ASSETS | |||||||
Cash and cash equivalents | 245,171,924,000 | $ 419,456,026,000 | $ 245,999,192,000 | $ 144,261,845,000 | |||
Current accounts receivable from related parties | 54,171,060,000 | 71,856,046,000 | |||||
TOTAL CURRENT ASSETS | 996,947,772,000 | 1,055,136,552,000 | |||||
NON-CURRENT ASSETS | |||||||
Property, plant and equipment | 5,308,647,633,000 | 3,585,687,137,000 | 3,476,128,634,000 | ||||
TOTAL NON-CURRENT ASSETS | 6,491,072,392,000 | 4,639,636,456,000 | |||||
TOTAL ASSETS | 7,488,020,164,000 | 5,694,773,008,000 | |||||
CURRENT LIABILITIES | |||||||
Other current provisions | 5,588,786,000 | 5,636,171,000 | |||||
TOTAL CURRENT LIABILITIES | 1,217,464,152,000 | 816,816,646,000 | |||||
EQUITY | |||||||
Issued capital | 3,954,491,479,000 | 2,229,108,975,000 | $ 1,891,727,278,668,000 | ||||
Retained earnings | 1,914,797,613,000 | 1,751,605,583,000 | |||||
TOTAL EQUITY | 3,674,163,781,000 | 3,786,961,657,000 | $ 3,462,993,642,000 | $ 3,201,900,783,000 | |||
TOTAL LIABILITIES AND EQUITY | 7,488,020,164,000 | 5,694,773,008,000 | |||||
Enel Generacin Chile S.A. [Member] | |||||||
CURRENT ASSETS | |||||||
TOTAL CURRENT ASSETS | 548,220,314,000 | 590,543,532,000 | |||||
NON-CURRENT ASSETS | |||||||
TOTAL NON-CURRENT ASSETS | 2,725,004,288,000 | 2,602,962,586,000 | |||||
TOTAL ASSETS | 3,273,224,602,000 | 3,193,506,118,000 | |||||
CURRENT LIABILITIES | |||||||
TOTAL CURRENT LIABILITIES | 569,928,285,000 | 489,875,667,000 | |||||
EQUITY | |||||||
TOTAL EQUITY | 1,765,156,347,000 | 1,812,547,296,000 | |||||
TOTAL LIABILITIES AND EQUITY | $ 3,273,224,603,000 | $ 3,193,506,118,000 | |||||
Centrales Hidroelectricas de Aysen S.A. [Member] | |||||||
Disclosure Of Significant Investments In Associates And Joint Ventures [Line Items] | |||||||
Impairment loss | $ 69,066,857,000 | ||||||
CURRENT ASSETS | |||||||
Cash and cash equivalents | $ 72,339,000 | ||||||
Current accounts receivable from related parties | 56,021,000 | ||||||
TOTAL CURRENT ASSETS | 128,360,000 | ||||||
NON-CURRENT ASSETS | |||||||
Property, plant and equipment | 11,603,281,000 | ||||||
TOTAL NON-CURRENT ASSETS | 11,603,281,000 | ||||||
TOTAL ASSETS | 11,731,641,000 | ||||||
CURRENT LIABILITIES | |||||||
Other current provisions | 83,403,000 | ||||||
TOTAL CURRENT LIABILITIES | 83,403,000 | ||||||
EQUITY | |||||||
Issued capital | 188,855,665,000 | ||||||
Retained earnings | (177,207,427,000) | ||||||
TOTAL EQUITY | 11,648,238,000 | ||||||
TOTAL LIABILITIES AND EQUITY | $ 11,731,641,000 | ||||||
Centrales Hidroelectricas de Aysen S.A. [Member] | Enel Generacin Chile S.A. [Member] | |||||||
Disclosure Of Significant Investments In Associates And Joint Ventures [Line Items] | |||||||
Percentage of distribution of assets | 51.00% | ||||||
CURRENT ASSETS | |||||||
Cash and cash equivalents | $ 36,892,000 | ||||||
Current accounts receivable from related parties | 28,571,000 | ||||||
TOTAL CURRENT ASSETS | 65,463,000 | ||||||
NON-CURRENT ASSETS | |||||||
Property, plant and equipment | 5,917,673,000 | ||||||
TOTAL NON-CURRENT ASSETS | 5,917,673,000 | ||||||
TOTAL ASSETS | 5,983,136,000 | ||||||
CURRENT LIABILITIES | |||||||
Other current provisions | 42,535,000 | ||||||
TOTAL CURRENT LIABILITIES | 42,535,000 | ||||||
EQUITY | |||||||
Issued capital | 96,316,389,000 | ||||||
Retained earnings | (90,375,788,000) | ||||||
TOTAL EQUITY | 5,940,601,000 | ||||||
TOTAL LIABILITIES AND EQUITY | $ 5,983,136,000 | ||||||
Centrales Hidroelectricas de Aysen S.A. [Member] | Colbn S.A. [Member] | |||||||
Disclosure Of Significant Investments In Associates And Joint Ventures [Line Items] | |||||||
Percentage of distribution of assets | 49.00% |
Investments Accounted for Usi_5
Investments Accounted for Using the Equity Method - Additional Information (Detail) $ in Thousands | Jun. 09, 2016 | Dec. 31, 2018CLP ($) | Sep. 14, 2016USD ($) | Sep. 14, 2016CLP ($) |
Joint Ventures [Member] | ||||
Disclosure Of Significant Investments In Associates And Joint Ventures [Line Items] | ||||
Consideration transferred | $ 0 | |||
Associates [Member] | ||||
Disclosure Of Significant Investments In Associates And Joint Ventures [Line Items] | ||||
Consideration transferred | $ 0 | |||
Enel Generacin Chile S.A. [Member] | ||||
Disclosure Of Significant Investments In Associates And Joint Ventures [Line Items] | ||||
Ownership interest acquired | 100.00% | |||
Enel Generacin Chile S.A. [Member] | Enags Chile S.p.A. [Member] | ||||
Disclosure Of Significant Investments In Associates And Joint Ventures [Line Items] | ||||
Consideration transferred | $ 197,365,113 | $ 132,820,800,000 | ||
Enel Generacin Chile S.A. [Member] | Enags Chile S.p.A. [Member] | GNL Quintero S.A. [Member] | ||||
Disclosure Of Significant Investments In Associates And Joint Ventures [Line Items] | ||||
Ownership interest acquired | 20.00% |
Investments Accounted for Usi_6
Investments Accounted for Using the Equity Method - Summary of Financial Information from Financial Statements of Investments in Associates (Detail) - CLP ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | |
Disclosure Of Significant Investments In Associates And Joint Ventures [Line Items] | |||
Current Assets | $ 996,947,772 | $ 1,055,136,552 | |
Non-current Assets | 6,491,072,392 | 4,639,636,456 | |
Current Liabilities | 1,217,464,152 | 816,816,646 | |
Non-current Liabilities | 2,596,392,231 | 1,090,994,705 | |
Revenues | 2,410,360,459 | 2,484,101,582 | $ 2,515,843,880 |
NET INCOME | 412,847,757 | 523,417,911 | 565,271,116 |
Other Comprehensive Income | (53,736,400) | 69,423,985 | 47,891,771 |
Comprehensive Income | $ 359,111,357 | $ 592,841,896 | $ 613,162,887 |
GNL Chile S.A. [Member] | |||
Disclosure Of Significant Investments In Associates And Joint Ventures [Line Items] | |||
Ownership Interest Direct Indirect | 33.33% | 33.33% | |
Current Assets | $ 75,571,058 | $ 71,254,956 | |
Non-current Assets | 267,884 | 148,950 | |
Current Liabilities | 66,679,077 | 60,052,823 | |
Revenues | 707,597,382 | 687,399,254 | |
Expenses | (705,179,062) | (684,873,130) | |
NET INCOME | 2,418,157 | 2,526,124 | |
Other Comprehensive Income | 1,043,609 | (24,472) | |
Comprehensive Income | $ 3,461,766 | $ 2,501,652 |
Investments Accounted for Usi_7
Investments Accounted for Using the Equity Method - Summary of Financial Information from Financial Statements of Main Joint Ventures (Detail) - CLP ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 | |
Disclosure Of Significant Investments In Associates And Joint Ventures [Line Items] | ||||
Current Assets | $ 996,947,772 | $ 1,055,136,552 | ||
Non-current Assets | 6,491,072,392 | 4,639,636,456 | ||
Current Liabilities | 1,217,464,152 | 816,816,646 | ||
Non-current Liabilities | 2,596,392,231 | 1,090,994,705 | ||
Cash and cash equivalents | 245,171,924 | 419,456,026 | $ 245,999,192 | $ 144,261,845 |
Revenues | 2,410,360,459 | 2,484,101,582 | 2,515,843,880 | |
Depreciation and amortization expense | (215,187,300) | (152,684,106) | (161,660,610) | |
Income tax expense, continuing operations | (153,482,519) | (143,342,301) | (111,403,182) | |
Profit (loss) | 412,847,757 | 523,417,911 | 565,271,116 | |
Other Comprehensive Income | (53,736,400) | 69,423,985 | 47,891,771 | |
Comprehensive Income | 359,111,357 | $ 592,841,896 | $ 613,162,887 | |
Centrales Hidroelectricas de Aysen S.A. [Member] | ||||
Disclosure Of Significant Investments In Associates And Joint Ventures [Line Items] | ||||
Ownership interest | 51.00% | |||
Current Assets | $ 355,835 | |||
Non-current Assets | 8,030,172 | |||
Current Liabilities | 139,182 | |||
Cash and cash equivalents | 355,446 | |||
Other fixed operating expenses | (125,182) | (8,144,855) | ||
Other Income | 3,526,179 | |||
Interest income | 24,829 | |||
Profit (loss) | 3,400,997 | (8,193,671) | ||
Other Comprehensive Income | 0 | 0 | ||
Comprehensive Income | $ 3,400,997 | $ (8,193,671) | ||
Transmisora Electrica de Quillota Ltda. [Member] | ||||
Disclosure Of Significant Investments In Associates And Joint Ventures [Line Items] | ||||
Ownership interest | 50.00% | 50.00% | ||
Current Assets | $ 9,360,553 | $ 7,793,702 | ||
Non-current Assets | 11,530,788 | 12,036,201 | ||
Current Liabilities | 235,264 | 440,426 | ||
Non-current Liabilities | 1,708,660 | 1,751,963 | ||
Cash and cash equivalents | 8,185,391 | 7,310,296 | ||
Revenues | 3,003,757 | 2,813,493 | ||
Other fixed operating expenses | (758,607) | (525,471) | ||
Depreciation and amortization expense | (784,364) | (782,322) | ||
Interest income | 187,601 | |||
Income tax expense, continuing operations | (349,848) | (313,709) | ||
Profit (loss) | 1,309,903 | 1,191,991 | ||
Other Comprehensive Income | 0 | 0 | ||
Comprehensive Income | $ 1,309,903 | $ 1,191,991 |
Intangible Assets Other Than _3
Intangible Assets Other Than Goodwill - Summary of Intangible Assets (Detail) - CLP ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | |
Disclosure Of Intangible Assets [Line Items] | |||
Intangible assets | $ 115,372,393 | $ 55,170,904 | $ 44,470,750 |
Intangible Assets, Amortization and Impairment | (12,215,408) | (6,811,041) | |
Gross Carrying Amount [Member] | |||
Disclosure Of Intangible Assets [Line Items] | |||
Intangible assets | 206,047,864 | 118,593,240 | |
Accumulated Depreciation, Amortization and Impairment [Member] | |||
Disclosure Of Intangible Assets [Line Items] | |||
Intangible Assets, Amortization and Impairment | (90,675,471) | (63,422,336) | |
Easements and Water Rights [Member] | |||
Disclosure Of Intangible Assets [Line Items] | |||
Intangible assets | 17,736,954 | 12,608,950 | 12,564,076 |
Intangible Assets, Amortization and Impairment | (347,397) | ||
Easements and Water Rights [Member] | Gross Carrying Amount [Member] | |||
Disclosure Of Intangible Assets [Line Items] | |||
Intangible assets | 22,011,401 | 14,598,701 | |
Easements and Water Rights [Member] | Accumulated Depreciation, Amortization and Impairment [Member] | |||
Disclosure Of Intangible Assets [Line Items] | |||
Intangible Assets, Amortization and Impairment | (4,274,447) | (1,989,751) | |
Service concession rights [member] | |||
Disclosure Of Intangible Assets [Line Items] | |||
Intangible assets | 25,953,878 | ||
Intangible Assets, Amortization and Impairment | (4,109,453) | ||
Service concession rights [member] | Gross Carrying Amount [Member] | |||
Disclosure Of Intangible Assets [Line Items] | |||
Intangible assets | 32,055,825 | ||
Service concession rights [member] | Accumulated Depreciation, Amortization and Impairment [Member] | |||
Disclosure Of Intangible Assets [Line Items] | |||
Intangible Assets, Amortization and Impairment | (6,101,947) | ||
Patents, Registered trademarks and Other Rights | |||
Disclosure Of Intangible Assets [Line Items] | |||
Intangible assets | 7,394 | ||
Intangible Assets, Amortization and Impairment | (5,090) | ||
Patents, Registered trademarks and Other Rights | Gross Carrying Amount [Member] | |||
Disclosure Of Intangible Assets [Line Items] | |||
Intangible assets | 12,484 | ||
Patents, Registered trademarks and Other Rights | Accumulated Depreciation, Amortization and Impairment [Member] | |||
Disclosure Of Intangible Assets [Line Items] | |||
Intangible Assets, Amortization and Impairment | (5,090) | ||
Computer Software [Member] | |||
Disclosure Of Intangible Assets [Line Items] | |||
Intangible assets | 60,067,635 | 38,254,793 | 27,591,694 |
Intangible Assets, Amortization and Impairment | (7,750,745) | (6,803,337) | |
Computer Software [Member] | Gross Carrying Amount [Member] | |||
Disclosure Of Intangible Assets [Line Items] | |||
Intangible assets | 133,931,876 | 93,260,355 | |
Computer Software [Member] | Accumulated Depreciation, Amortization and Impairment [Member] | |||
Disclosure Of Intangible Assets [Line Items] | |||
Intangible Assets, Amortization and Impairment | (73,864,241) | (55,005,562) | |
Other Identifiable Intangible Assets [Member] | |||
Disclosure Of Intangible Assets [Line Items] | |||
Intangible assets | 11,606,532 | 4,307,161 | $ 4,314,980 |
Intangible Assets, Amortization and Impairment | (2,723) | (7,704) | |
Other Identifiable Intangible Assets [Member] | Gross Carrying Amount [Member] | |||
Disclosure Of Intangible Assets [Line Items] | |||
Intangible assets | 18,036,278 | 10,734,184 | |
Other Identifiable Intangible Assets [Member] | Accumulated Depreciation, Amortization and Impairment [Member] | |||
Disclosure Of Intangible Assets [Line Items] | |||
Intangible Assets, Amortization and Impairment | $ (6,429,746) | $ (6,427,023) |
Intangible Assets Other Than _4
Intangible Assets Other Than Goodwill - Summary of Reconciliations of the Carrying Amounts of Intangible Assets (Detail) - CLP ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Line Items] | ||
Beginning balance | $ 55,170,904 | $ 44,470,750 |
Changes in identifiable intangible assets | ||
Increases (decreases) other than from business combinations | 25,774,814 | 17,762,024 |
Acquisitions made through business combination | 41,786,161 | |
Increase (decrease) from exchange differences, net | 6,914,203 | (115) |
Intangible Assets, Amortization and Impairment | (12,215,408) | (6,811,041) |
Increases (decreases) from transfers and other changes | (250,714) | |
Increases (decreases) from transfers | (250,714) | |
Total changes in identifiable intangible assets | 60,201,489 | 10,700,154 |
Disposals and removals from service | (509,981) | |
Removals from service | (509,981) | |
Argentina Hyperinflation Effect | 180 | |
Increase (decrease) | (1,548,480) | |
Ending balance | 115,372,393 | 55,170,904 |
Easements and Water Rights [Member] | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Line Items] | ||
Beginning balance | 12,608,950 | 12,564,076 |
Changes in identifiable intangible assets | ||
Increases (decreases) other than from business combinations | 2,721 | 295,588 |
Increase (decrease) from exchange differences, net | 769,421 | |
Intangible Assets, Amortization and Impairment | (347,397) | |
Increases (decreases) from transfers and other changes | 5,213,240 | (250,714) |
Increases (decreases) from transfers | 5,213,240 | (250,714) |
Total changes in identifiable intangible assets | 5,128,004 | 44,874 |
Disposals and removals from service | (509,981) | |
Removals from service | (509,981) | |
Ending balance | 17,736,954 | 12,608,950 |
Service concession rights [member] | ||
Changes in identifiable intangible assets | ||
Acquisitions made through business combination | 30,077,961 | |
Increase (decrease) from exchange differences, net | 2,033,761 | |
Intangible Assets, Amortization and Impairment | (4,109,453) | |
Increases (decreases) from transfers and other changes | 2,048,391 | |
Increases (decreases) from transfers | 2,048,391 | |
Total changes in identifiable intangible assets | 25,953,878 | |
Ending balance | 25,953,878 | |
Patents, Registered trademarks and Other Rights | ||
Changes in identifiable intangible assets | ||
Increases (decreases) other than from business combinations | 12,484 | |
Intangible Assets, Amortization and Impairment | (5,090) | |
Total changes in identifiable intangible assets | 7,394 | |
Ending balance | 7,394 | |
Computer Software [Member] | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Line Items] | ||
Beginning balance | 38,254,793 | 27,591,694 |
Changes in identifiable intangible assets | ||
Increases (decreases) other than from business combinations | 25,759,609 | 17,466,436 |
Acquisitions made through business combination | 2,113,933 | |
Increase (decrease) from exchange differences, net | 4,111,021 | |
Intangible Assets, Amortization and Impairment | (7,750,745) | (6,803,337) |
Increases (decreases) from transfers and other changes | (866,790) | |
Increases (decreases) from transfers | (866,790) | |
Total changes in identifiable intangible assets | 21,812,842 | 10,663,099 |
Argentina Hyperinflation Effect | 180 | |
Increase (decrease) | (1,554,366) | |
Ending balance | 60,067,635 | 38,254,793 |
Other Identifiable Intangible Assets [Member] | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Line Items] | ||
Beginning balance | 4,307,161 | 4,314,980 |
Changes in identifiable intangible assets | ||
Acquisitions made through business combination | 9,594,267 | |
Increase (decrease) from exchange differences, net | (115) | |
Intangible Assets, Amortization and Impairment | (2,723) | (7,704) |
Increases (decreases) from transfers and other changes | (2,298,059) | |
Increases (decreases) from transfers | (2,298,059) | |
Total changes in identifiable intangible assets | 7,299,371 | (7,819) |
Increase (decrease) | 5,886 | |
Ending balance | $ 11,606,532 | $ 4,307,161 |
Intangible Assets Other Than _5
Intangible Assets Other Than Goodwill - Additional Information (Detail) - CLP ($) | Dec. 31, 2018 | Dec. 31, 2017 |
INTANGIBLE ASSETS OTHER THAN GOODWILL. | ||
Intangible assets with an indefinite useful life | $ 0 | $ 0 |
Goodwill - Summary of Goodwill
Goodwill - Summary of Goodwill by the Cash-Generating Unit or Group of Cash-Generating Units (Detail) - CLP ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives [Line Items] | ||
Opening balance | $ 887,257,655 | $ 887,257,655 |
Increase/ (Decrease) | 24,196,282 | 0 |
Foreign currency exchange difference | 3,590,788 | |
Closing balance | 915,044,725 | 887,257,655 |
Empresa Electrica de Colina Ltda. [Member] | Empresa Electrica de Colina Ltda. [Member] | ||
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives [Line Items] | ||
Opening balance | 2,240,478 | 2,240,478 |
Increase/ (Decrease) | 0 | 0 |
Foreign currency exchange difference | 0 | |
Closing balance | 2,240,478 | 2,240,478 |
Enel Distribucion Chile S.A. [Member] | Enel Distribucion Chile [Member] | ||
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives [Line Items] | ||
Opening balance | 128,374,362 | 128,374,362 |
Increase/ (Decrease) | 0 | 0 |
Foreign currency exchange difference | 0 | |
Closing balance | 128,374,362 | 128,374,362 |
Enel Generacin Chile S.A. [Member] | Enel Generacion Chile [Member] | ||
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives [Line Items] | ||
Opening balance | 731,782,459 | 731,782,459 |
Increase/ (Decrease) | 0 | 0 |
Foreign currency exchange difference | 0 | |
Closing balance | 731,782,459 | 731,782,459 |
GasAtacama Chile [Member] | Enel Generacion Chile [Member] | ||
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives [Line Items] | ||
Opening balance | 24,860,356 | 24,860,356 |
Increase/ (Decrease) | 0 | 0 |
Foreign currency exchange difference | 0 | |
Closing balance | 24,860,356 | 24,860,356 |
Enel Chile [Member] | Empresa Electrica Panguipulli S .A. [Member] | ||
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives [Line Items] | ||
Opening balance | 0 | |
Increase/ (Decrease) | 17,543,347 | 0 |
Foreign currency exchange difference | 2,603,476 | |
Closing balance | 20,146,823 | 0 |
Enel Green Power Chile Ltda. [Member] | Geotrmica del Norte [Member] | ||
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives [Line Items] | ||
Opening balance | 0 | |
Increase/ (Decrease) | 65,871 | 0 |
Foreign currency exchange difference | 9,775 | |
Closing balance | 75,646 | 0 |
Enel Green Power Chile Ltda. [Member] | Parque Eolico Talinay Oriente S.A. [Member] | ||
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives [Line Items] | ||
Opening balance | 0 | |
Increase/ (Decrease) | 6,587,064 | 0 |
Foreign currency exchange difference | 977,537 | |
Closing balance | $ 7,564,601 | $ 0 |
Goodwill - Additional Informati
Goodwill - Additional Information (Detail) | Apr. 22, 2014 | Aug. 11, 2005 | Jul. 12, 2002 | Nov. 30, 2000 | May 11, 1999 | Sep. 30, 1996 |
Empresa Electrica de Colina Ltda. [Member] | ||||||
Disclosure Of Information About Goodwill [Line Items] | ||||||
Acquisition percentage from investment company | 100.00% | |||||
Enel Distribucion Chile S.A. [Member] | ||||||
Disclosure Of Information About Goodwill [Line Items] | ||||||
Additional ownership percentage | 25.40% | |||||
Ownership interest in subsidiary | 99.99% | |||||
Enel Generacin Chile S.A. [Member] | ||||||
Disclosure Of Information About Goodwill [Line Items] | ||||||
Additional ownership percentage | 35.00% | |||||
Additional ownerdhip percentage through stock exchange. | 30.00% | |||||
Additional ownership percentage through other parties | 5.00% | |||||
Ownership interest in subsidiary | 60.00% | |||||
GasAtacama Chile S.A. [Member] | ||||||
Disclosure Of Information About Goodwill [Line Items] | ||||||
Ownership interest in subsidiary | 50.00% | |||||
Empresa Electrica Pangue S.A. [Member] | ||||||
Disclosure Of Information About Goodwill [Line Items] | ||||||
Percentage of acquisition through put option | 2.51% | |||||
Compania Electrica San Isidro S.A. [Member] | ||||||
Disclosure Of Information About Goodwill [Line Items] | ||||||
Ownership interest in subsidiary | 25.00% |
Property Plant and Equipment -
Property Plant and Equipment - Summary of Property Plant and Equipment (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 |
Disclosure Of Property Plant And Equipment [Line Items] | |||
Property, plant and equipment | $ 5,308,647,633 | $ 3,585,687,137 | $ 3,476,128,634 |
Gross Carrying Amount [Member] | |||
Disclosure Of Property Plant And Equipment [Line Items] | |||
Property, plant and equipment | 8,747,182,818 | 6,726,796,186 | |
Accumulated Depreciation, Amortization and Impairment [Member] | |||
Disclosure Of Property Plant And Equipment [Line Items] | |||
Property, plant and equipment | (3,438,535,185) | (3,141,109,049) | |
Construction in Progress [Member] | |||
Disclosure Of Property Plant And Equipment [Line Items] | |||
Property, plant and equipment | 862,274,093 | 666,590,543 | 688,387,124 |
Construction in Progress [Member] | Gross Carrying Amount [Member] | |||
Disclosure Of Property Plant And Equipment [Line Items] | |||
Property, plant and equipment | 862,274,093 | 666,590,543 | |
Land [Member] | |||
Disclosure Of Property Plant And Equipment [Line Items] | |||
Property, plant and equipment | 74,753,283 | 67,485,380 | 66,868,119 |
Land [Member] | Gross Carrying Amount [Member] | |||
Disclosure Of Property Plant And Equipment [Line Items] | |||
Property, plant and equipment | 74,753,283 | 67,485,380 | |
Buildings [Member] | |||
Disclosure Of Property Plant And Equipment [Line Items] | |||
Property, plant and equipment | 384,027,047 | 12,793,641 | 13,020,474 |
Buildings [Member] | Gross Carrying Amount [Member] | |||
Disclosure Of Property Plant And Equipment [Line Items] | |||
Property, plant and equipment | 470,833,768 | 28,382,234 | |
Buildings [Member] | Accumulated Depreciation, Amortization and Impairment [Member] | |||
Disclosure Of Property Plant And Equipment [Line Items] | |||
Property, plant and equipment | (86,806,721) | (15,588,593) | |
Generation Plant and Equipment [Member] | |||
Disclosure Of Property Plant And Equipment [Line Items] | |||
Property, plant and equipment | 3,143,869,929 | 2,080,903,064 | 2,033,720,809 |
Generation Plant and Equipment [Member] | Gross Carrying Amount [Member] | |||
Disclosure Of Property Plant And Equipment [Line Items] | |||
Property, plant and equipment | 5,824,130,347 | 4,636,175,749 | |
Generation Plant and Equipment [Member] | Accumulated Depreciation, Amortization and Impairment [Member] | |||
Disclosure Of Property Plant And Equipment [Line Items] | |||
Property, plant and equipment | (2,680,260,418) | (2,555,272,685) | |
Network Infrastructure [Member] | |||
Disclosure Of Property Plant And Equipment [Line Items] | |||
Property, plant and equipment | 764,095,247 | 683,120,815 | 613,443,219 |
Network Infrastructure [Member] | Gross Carrying Amount [Member] | |||
Disclosure Of Property Plant And Equipment [Line Items] | |||
Property, plant and equipment | 1,318,208,218 | 1,151,951,280 | |
Network Infrastructure [Member] | Accumulated Depreciation, Amortization and Impairment [Member] | |||
Disclosure Of Property Plant And Equipment [Line Items] | |||
Property, plant and equipment | (554,112,971) | (468,830,465) | |
Fixtures and Fittings [Member] | |||
Disclosure Of Property Plant And Equipment [Line Items] | |||
Property, plant and equipment | 61,973,362 | 56,284,762 | 41,325,699 |
Fixtures and Fittings [Member] | Gross Carrying Amount [Member] | |||
Disclosure Of Property Plant And Equipment [Line Items] | |||
Property, plant and equipment | 168,223,078 | 147,450,968 | |
Fixtures and Fittings [Member] | Accumulated Depreciation, Amortization and Impairment [Member] | |||
Disclosure Of Property Plant And Equipment [Line Items] | |||
Property, plant and equipment | (106,249,716) | (91,166,206) | |
Other Property, Plant and Equipment Under Financial Lease [Member] | |||
Disclosure Of Property Plant And Equipment [Line Items] | |||
Property, plant and equipment | 17,654,672 | 18,508,932 | $ 19,363,190 |
Other Property, Plant and Equipment Under Financial Lease [Member] | Gross Carrying Amount [Member] | |||
Disclosure Of Property Plant And Equipment [Line Items] | |||
Property, plant and equipment | 28,760,031 | 28,760,032 | |
Other Property, Plant and Equipment Under Financial Lease [Member] | Accumulated Depreciation, Amortization and Impairment [Member] | |||
Disclosure Of Property Plant And Equipment [Line Items] | |||
Property, plant and equipment | $ (11,105,359) | $ (10,251,100) |
Property Plant and Equipment _2
Property Plant and Equipment - Summary of Changes in Property Plant and Equipment (Detail) - CLP ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Disclosure Of Property Plant And Equipment [Line Items] | ||
Beginning balance | $ 3,585,687,137 | $ 3,476,128,634 |
Changes: | ||
Increases other than from business combinations | 330,797,541 | 283,819,250 |
Acquisitions through business combinations | 1,365,850,155 | |
Increases (decreases) from exchange differences, net | 197,622,978 | (592,040) |
Depreciation | (202,971,892) | (145,873,065) |
Impairment losses recognized in profit or loss | (779,825) | |
Disposals and removals from service | 1,228,028 | 33,192,231 |
Disposals | 527,469 | 5,585,129 |
Removals from service | (700,559) | (27,607,102) |
Other increases (decreases) | 30,976,913 | 5,396,589 |
Argentina Hyperinflationary Effect | 1,912,829 | |
Total changes | 1,722,960,496 | 109,558,503 |
Ending balance | 5,308,647,633 | 3,585,687,137 |
Construction in Progress [Member] | ||
Disclosure Of Property Plant And Equipment [Line Items] | ||
Beginning balance | 666,590,543 | 688,387,124 |
Changes: | ||
Increases other than from business combinations | 321,183,398 | 281,007,995 |
Acquisitions through business combinations | 44,088,988 | |
Increases (decreases) from exchange differences, net | 14,849,366 | (101,444) |
Increases (decreases) from transfers and other changes | (193,895,804) | (273,509,759) |
Increases (decreases) for transfers | (193,895,804) | |
Increases (decreases) from transfers from constructions in progress | (273,509,759) | |
Disposals and removals from service | 30,255,180 | |
Disposals | 5,099,800 | |
Removals from service | (25,155,380) | |
Other increases (decreases) | 9,457,602 | 1,061,807 |
Total changes | 195,683,550 | (21,796,581) |
Ending balance | 862,274,093 | 666,590,543 |
Land [Member] | ||
Disclosure Of Property Plant And Equipment [Line Items] | ||
Beginning balance | 67,485,380 | 66,868,119 |
Changes: | ||
Increases other than from business combinations | 5,893,739 | |
Acquisitions through business combinations | 623,052 | |
Increases (decreases) from exchange differences, net | 50,004 | (25,624) |
Increases (decreases) from transfers and other changes | 776,933 | |
Increases (decreases) from transfers from constructions in progress | 776,933 | |
Disposals and removals from service | 5,411 | 31,447 |
Disposals | 31,447 | |
Removals from service | (5,411) | |
Other increases (decreases) | 706,519 | (102,601) |
Total changes | 7,267,903 | 617,261 |
Ending balance | 74,753,283 | 67,485,380 |
Buildings [Member] | ||
Disclosure Of Property Plant And Equipment [Line Items] | ||
Beginning balance | 12,793,641 | 13,020,474 |
Changes: | ||
Increases other than from business combinations | 1,000,411 | |
Acquisitions through business combinations | 329,152,208 | |
Increases (decreases) from exchange differences, net | 46,040,633 | (44,699) |
Depreciation | (13,795,237) | (717,851) |
Increases (decreases) from transfers and other changes | 12,450,092 | 439,284 |
Increases (decreases) for transfers | 12,450,092 | |
Increases (decreases) from transfers from constructions in progress | 439,284 | |
Disposals and removals from service | 154,623 | |
Removals from service | (154,623) | |
Other increases (decreases) | (3,614,701) | 251,056 |
Total changes | 371,233,406 | (226,833) |
Ending balance | 384,027,047 | 12,793,641 |
Generation Plant and Equipment [Member] | ||
Disclosure Of Property Plant And Equipment [Line Items] | ||
Beginning balance | 2,080,903,064 | 2,033,720,809 |
Changes: | ||
Increases other than from business combinations | 1,638,436 | |
Acquisitions through business combinations | 941,871,560 | |
Increases (decreases) from exchange differences, net | 128,411,179 | (336,622) |
Depreciation | (149,266,709) | (107,292,353) |
Increases (decreases) from transfers and other changes | 146,447,942 | 155,711,630 |
Increases (decreases) for transfers | 146,447,942 | |
Increases (decreases) from transfers from constructions in progress | 155,711,630 | |
Disposals and removals from service | 90,513 | 1,704,924 |
Disposals | 90,513 | 435,327 |
Removals from service | (1,269,597) | |
Other increases (decreases) | (7,957,859) | 804,524 |
Argentina Hyperinflationary Effect | 1,912,829 | |
Total changes | 1,062,966,865 | 47,182,255 |
Ending balance | 3,143,869,929 | 2,080,903,064 |
Network Infrastructure [Member] | ||
Disclosure Of Property Plant And Equipment [Line Items] | ||
Beginning balance | 683,120,815 | 613,443,219 |
Changes: | ||
Increases other than from business combinations | 2,455 | |
Acquisitions through business combinations | 47,727,579 | |
Increases (decreases) from exchange differences, net | 6,928,376 | |
Depreciation | (32,011,964) | (32,061,242) |
Increases (decreases) from transfers and other changes | 32,105,004 | 99,419,024 |
Increases (decreases) for transfers | 32,105,004 | |
Increases (decreases) from transfers from constructions in progress | 99,419,024 | |
Disposals and removals from service | 1,132,103 | 1,023,777 |
Disposals | 436,956 | 18,555 |
Removals from service | (695,147) | (1,005,222) |
Other increases (decreases) | 27,355,085 | 3,343,591 |
Total changes | 80,974,432 | 69,677,596 |
Ending balance | 764,095,247 | 683,120,815 |
Fixtures and Fittings [Member] | ||
Disclosure Of Property Plant And Equipment [Line Items] | ||
Beginning balance | 56,284,762 | 41,325,699 |
Changes: | ||
Increases other than from business combinations | 1,079,102 | 2,811,255 |
Acquisitions through business combinations | 2,018,760 | |
Increases (decreases) from exchange differences, net | 1,320,949 | (83,651) |
Depreciation | (7,040,907) | (4,947,361) |
Increases (decreases) from transfers and other changes | 2,914,698 | 17,162,888 |
Increases (decreases) for transfers | 2,914,698 | |
Increases (decreases) from transfers from constructions in progress | 17,162,888 | |
Disposals and removals from service | 1 | 22,280 |
Removals from service | (1) | (22,280) |
Other increases (decreases) | 5,395,999 | 38,212 |
Total changes | 5,688,600 | 14,959,063 |
Ending balance | 61,973,362 | 56,284,762 |
Other Property, Plant and Equipment Under Financial Lease [Member] | ||
Disclosure Of Property Plant And Equipment [Line Items] | ||
Beginning balance | 18,508,932 | 19,363,190 |
Changes: | ||
Acquisitions through business combinations | 368,008 | |
Increases (decreases) from exchange differences, net | 22,471 | |
Depreciation | (857,075) | (854,258) |
Increases (decreases) from transfers and other changes | (21,932) | |
Increases (decreases) for transfers | (21,932) | |
Other increases (decreases) | (365,732) | |
Total changes | (854,260) | (854,258) |
Ending balance | $ 17,654,672 | $ 18,508,932 |
Property Plant and Equipment _3
Property Plant and Equipment - Additional Information (Detail) $ in Thousands, € in Millions | Aug. 31, 2016CLP ($) | Dec. 31, 2018USD ($)project | Dec. 31, 2018CLP ($)project | Dec. 31, 2017CLP ($) | Dec. 31, 2016CLP ($) | Dec. 31, 2015CLP ($) | Dec. 31, 2014CLP ($) | Dec. 31, 2018EUR (€) | Dec. 31, 2018CLP ($) | Dec. 31, 2009CLP ($) |
Disclosure Of Property Plant And Equipment [Line Items] | ||||||||||
Additions to property plant and equipment, investments in operating plants and new projects | $ 330,797,541,000 | $ 283,819,250,000 | ||||||||
Investment on property plant and equipment, maintenance to plants | 102,515,924,000 | $ 142,578,993,000 | ||||||||
Investment on property plant and equipment, network extensions and investments to optimize the operation | 79,028,802,000 | 84,727,900,000 | ||||||||
Capitalized borrowing costs | 6,435,646,000 | 4,078,463,000 | $ 3,001,211,000 | |||||||
Employee expenses capitalized, included in Other work performed by the entity and capitalized in Comprehensive Income Statement | $ 16,710,963,000 | 14,388,987,000 | 16,096,852,000 | |||||||
Property plant and equipment held under finance leases | 18,508,932,000 | $ 17,654,672,000 | ||||||||
Lease agreement period | 20 years | 20 years | ||||||||
Annual interest rate | 6.50% | 6.50% | ||||||||
Operating lease contracts for material assets | $ 4,494,358,000 | 2,969,436,000 | ||||||||
Contractual commitments for the acquisition of property, plants and equipment | 376,627,392,000 | $ 269,176,169,000 | ||||||||
Property, plant and equipment pledged as security for liabilities | 0 | $ 0 | ||||||||
Group recognized impairment loss | 5,364,000 | 30,785,531,000 | $ 12,581,947,000 | |||||||
Write Off Of Intangible Assets Other Than Goodwill | $ 32,834,160,000 | |||||||||
Write Off Of Intangible Assets Other Than Goodwill | $ 2,549,926,000 | |||||||||
Percentage of impairment related cost | 100.00% | |||||||||
Neltume Project [Member] | ||||||||||
Disclosure Of Property Plant And Equipment [Line Items] | ||||||||||
Write Off Of Property Plant And Equipmen | 21,975,641,000 | 20,459,461,000 | ||||||||
Choshuenco Projects [Member] | ||||||||||
Disclosure Of Property Plant And Equipment [Line Items] | ||||||||||
Write Off Of Property Plant And Equipmen | $ 3,130,270,000 | 3,748,124,000 | ||||||||
Enel Generacion Chile [Member] | ||||||||||
Disclosure Of Property Plant And Equipment [Line Items] | ||||||||||
Group recognized impairment loss | $ 2,706,830,000 | |||||||||
Write Off Of Property Plant And Equipmen | $ 6,577,946,000 | $ 2,522,445,000 | ||||||||
Write Off Of Intangible Assets Other Than Goodwill | $ 1,096,137,000 | |||||||||
Percentage of impairment related cost | 100.00% | 100.00% | 100.00% | |||||||
Number of thermal project | project | 2 | 2 | ||||||||
Provision recognized | $ 2,244,900,000 | |||||||||
Enel Green Power Chile Group [Member] | ||||||||||
Disclosure Of Property Plant And Equipment [Line Items] | ||||||||||
Insurance Policies Amount For All Risks | € 1,000 | $ 794,750,000,000 | ||||||||
Enel Green Power Chile Group [Member] | Geotermica del Norte SA [Member] | ||||||||||
Disclosure Of Property Plant And Equipment [Line Items] | ||||||||||
Additions to property plant and equipment, investments in operating plants and new projects | $ 2,463 | 1,709,473,000 | ||||||||
Enel Green Power Chile Group [Member] | Enel Green Power Del Sur S p A [Member] | ||||||||||
Disclosure Of Property Plant And Equipment [Line Items] | ||||||||||
Additions to property plant and equipment, investments in operating plants and new projects | $ 465 | $ 322,993,000 | ||||||||
Enel Generacin Chile S.A. [Member] | ||||||||||
Disclosure Of Property Plant And Equipment [Line Items] | ||||||||||
Allowance For Impairment Losses | $ 43,999,600,000 | |||||||||
Generating Companies [Member] | ||||||||||
Disclosure Of Property Plant And Equipment [Line Items] | ||||||||||
Insurance Policies Amount For All Risks | 1,000 | 794,750,000,000 | ||||||||
Distribution Companies [Member] | ||||||||||
Disclosure Of Property Plant And Equipment [Line Items] | ||||||||||
Insurance Policies Amount For All Risks | 50 | 39,737,500,000 | ||||||||
Third Party Damages Insurance [Member] | ||||||||||
Disclosure Of Property Plant And Equipment [Line Items] | ||||||||||
Civil Liability Insurance Amount | 500 | 397,375,000,000 | ||||||||
Environmental Damages Insurance [Member] | ||||||||||
Disclosure Of Property Plant And Equipment [Line Items] | ||||||||||
Civil Liability Insurance Amount | € 20 | $ 15,895,000,000 | ||||||||
Bottom of Range [Member] | ||||||||||
Disclosure Of Property Plant And Equipment [Line Items] | ||||||||||
Weighted average borrowing rate | 7.12% | 7.12% | 7.12% | |||||||
Top of Range | ||||||||||
Disclosure Of Property Plant And Equipment [Line Items] | ||||||||||
Weighted average borrowing rate | 7.71% | 7.71% | 7.95% |
Property Plant and Equipment _4
Property Plant and Equipment - Schedule of Future Lease Payments Finance Leases (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Disclosure Of Finance Lease And Operating Lease By Lessor [Line Items] | ||
Gross | $ 16,063,676 | $ 16,672,544 |
Interest | 1,587,227 | 2,063,630 |
Present Value | 14,476,450 | 14,608,914 |
Less Than One Year [Member] | ||
Disclosure Of Finance Lease And Operating Lease By Lessor [Line Items] | ||
Gross | 2,779,080 | 2,459,000 |
Interest | 612,806 | 659,212 |
Present Value | 2,166,274 | 1,799,788 |
From One to Five Years [Member] | ||
Disclosure Of Finance Lease And Operating Lease By Lessor [Line Items] | ||
Gross | 13,284,596 | 9,836,000 |
Interest | 974,420 | 1,244,808 |
Present Value | $ 12,310,176 | 8,591,192 |
More Than Five Years [Member] | ||
Disclosure Of Finance Lease And Operating Lease By Lessor [Line Items] | ||
Gross | 4,377,544 | |
Interest | 159,610 | |
Present Value | $ 4,217,934 |
Property Plant and Equipment _5
Property Plant and Equipment - Schedule of Total Future Lease Payments (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Disclosure Of Future Minimum Lease Payments [Line Items] | ||
Future lease payments | $ 47,415,134 | $ 10,275,337 |
Less Than One Year [Member] | ||
Disclosure Of Future Minimum Lease Payments [Line Items] | ||
Future lease payments | 3,234,700 | 1,975,728 |
From One to Five Years [Member] | ||
Disclosure Of Future Minimum Lease Payments [Line Items] | ||
Future lease payments | 10,943,060 | 6,954,425 |
More Than Five Years [Member] | ||
Disclosure Of Future Minimum Lease Payments [Line Items] | ||
Future lease payments | $ 33,237,374 | $ 1,345,183 |
Investment Property - Summary o
Investment Property - Summary of Changes in Investment Property (Detail) - CLP ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Disclosure Of Investment Property [Line Items] | ||
Beginning balance | $ 8,356,772 | $ 8,128,522 |
Depreciation expense | (19,591) | (22,465) |
Impairment | (779,825) | |
Other increases (decreases) | 250,715 | |
Ending balance | 7,557,356 | 8,356,772 |
Gross Carrying Amount [Member] | ||
Disclosure Of Investment Property [Line Items] | ||
Beginning balance | 9,189,377 | 8,938,662 |
Other increases (decreases) | 250,715 | |
Ending balance | 9,189,377 | 9,189,377 |
Accumulated Depreciation, Amortization and Impairment [Member] | ||
Disclosure Of Investment Property [Line Items] | ||
Beginning balance | (832,605) | (810,140) |
Depreciation expense | (19,591) | (22,465) |
Impairment | (779,825) | |
Ending balance | $ (1,632,021) | $ (832,605) |
Investment Property - Additiona
Investment Property - Additional Information (Detail) - CLP ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | |
Disclosure of detailed information about investment property [Line Items] | |||
Amount of disposal of investment properties | $ 0 | $ 0 | |
Investment property | 7,557,356 | 8,356,772 | $ 8,128,522 |
Level 3 [Member] | |||
Disclosure of detailed information about investment property [Line Items] | |||
Investment property | 8,228,673 | ||
At fair value [member] | |||
Disclosure of detailed information about investment property [Line Items] | |||
Investment property | $ 8,228,673 | $ 9,758,782 |
Investment Property - Summary_2
Investment Property - Summary of Income and Expenses from Investment Properties (Detail) - CLP ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | |
Rental Income From Investment Property Net Of Direct Operating Expense [Abstract] | |||
Rental income from investment properties | $ 204,166 | $ 192,719 | $ 167,429 |
Direct operating expense from investment properties generating rental income | (56,327) | (78,367) | (71,339) |
Total | $ 147,839 | $ 114,352 | $ 96,090 |
Income Tax and Deferred Taxes -
Income Tax and Deferred Taxes - Components of Income Tax Expense Benefit (Detail) - CLP ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | |
Major Components Of Tax Expense Income [Abstract] | |||
Current income tax | $ (47,354,780) | $ (162,820,181) | $ (162,033,295) |
Adjustments to current tax from the previous period | (6,304,285) | (1,127,646) | (710,740) |
Other current tax benefit / (expense) | (61,507,252) | 15,934,106 | 21,380,071 |
Current tax expense, net | (115,166,317) | (148,013,721) | (141,363,964) |
Benefit / (expense) from deferred taxes for origination and reversal of temporary differences | (43,134,500) | 4,671,420 | 29,960,782 |
Adjustments for deferred tax of prior periods | 4,818,298 | ||
Total deferred tax benefit / (expense) | (38,316,202) | 4,671,420 | 29,960,782 |
Income tax expense | $ (153,482,519) | $ (143,342,301) | $ (111,403,182) |
Income Tax and Deferred Taxes_2
Income Tax and Deferred Taxes - Summary of Reconciliation of Tax Expense (Detail) - CLP ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | |
Major Components Of Tax Expense Income [Abstract] | |||
Total tax income (expense) using statutory rate | (27.00%) | (25.50%) | (24.00%) |
Tax effect of rates applied in other countries | 0.05% | ||
Tax effect of non-taxable revenues | 0.31% | 5.67% | 6.53% |
Tax effect of non-tax-deductible expenses | (2.26%) | (3.11%) | (2.13%) |
Tax effect of adjustments to taxes in previous periods | (1.11%) | (0.17%) | (0.11%) |
Adjustments for prior periods deferred taxes | 0.85% | ||
Price level restatement for tax purposes (investments and equity) | 2.11% | 1.57% | 3.24% |
Total adjustments to tax expense using statutory rate | (0.10%) | 4.00% | 7.53% |
Income tax benefit (expense) | (27.10%) | (21.50%) | (16.47%) |
ACCOUNTING INCOME BEFORE TAX | $ 566,330,276 | $ 666,760,212 | $ 676,674,298 |
Total tax income (expense) using statutory rate | (152,909,175) | (170,023,854) | (162,401,830) |
Tax effect of rates applied in other countries | 328,968 | ||
Tax effect of non-taxable revenues | 1,746,052 | 37,774,743 | 44,163,296 |
Tax effect of non-tax-deductible expenses | (12,786,965) | (20,737,858) | (14,392,926) |
Tax effect of adjustments to taxes in previous periods | (6,304,285) | (1,127,646) | (710,740) |
Adjustments for prior periods deferred taxes | 4,818,298 | ||
Price level restatement for tax purposes (investments and equity) | 11,953,556 | 10,443,346 | 21,939,018 |
Total adjustments to tax expense using statutory rate | (573,344) | 26,681,553 | 50,998,648 |
Income tax expense | $ (153,482,519) | $ (143,342,301) | $ (111,403,182) |
Income Tax and Deferred Taxes_3
Income Tax and Deferred Taxes - Summary of Origination and Changes in Deferred Tax Assets and Liabilities (Detail) - CLP ($) $ in Thousands | Jan. 01, 2018 | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 |
Disclosure Of Income Taxes [Line Items] | ||||
Assets | $ 19,171,230 | $ 2,837,792 | ||
Liabilities | (278,080,054) | (172,223,681) | ||
Increase (decrease) in other comprehensive income | (60,640,669) | 26,165,652 | $ 19,327,413 | |
Deferred Tax Assets Liabilities [Member] | ||||
Disclosure Of Income Taxes [Line Items] | ||||
Net deferred tax assets | 19,171,230 | 2,837,792 | ||
Net deferred tax liabilities | (278,080,054) | (172,223,681) | ||
Deferred Tax Assets Liabilities [Member] | Tax Relating To Accumulated Depreciation | ||||
Disclosure Of Income Taxes [Line Items] | ||||
Assets | 9,636,857 | 162,315 | ||
Liabilities | (359,613,258) | (263,847,598) | ||
Beginning balance | $ (263,685,283) | (263,685,283) | (240,908,311) | |
Increase (decrease) in profit or loss | (3,851,978) | (22,836,691) | ||
Foreign currency translation | (10,342,994) | 61,222 | ||
Acquisitions Through Business Combinations | (74,336,810) | |||
Other increases (decreases) | 2,240,664 | (1,503) | ||
Ending balance | (263,685,283) | (349,976,401) | (263,685,283) | (240,908,311) |
Deferred Tax Assets Liabilities [Member] | Tax Relating To Post Employment Benefit Obligations | ||||
Disclosure Of Income Taxes [Line Items] | ||||
Assets | 6,131,110 | 6,336,920 | ||
Liabilities | (421,462) | (364,925) | ||
Beginning balance | 5,971,995 | 5,971,995 | 6,215,828 | |
Increase (decrease) in profit or loss | (250,223) | 976,808 | ||
Increase (decrease) in other comprehensive income | (10,228) | (463,556) | ||
Other increases (decreases) | (1,896) | (757,085) | ||
Ending balance | 5,971,995 | 5,709,648 | 5,971,995 | 6,215,828 |
Deferred Tax Assets Liabilities [Member] | Tax Loss Carryforwards | ||||
Disclosure Of Income Taxes [Line Items] | ||||
Assets | 36,921,157 | 9,536,102 | ||
Beginning balance | 9,536,102 | 9,536,102 | 11,911,396 | |
Increase (decrease) in profit or loss | (3,278,563) | (2,375,294) | ||
Foreign currency translation | 2,831,404 | |||
Acquisitions Through Business Combinations | 32,058,724 | |||
Other increases (decreases) | (4,226,510) | |||
Ending balance | 9,536,102 | 36,921,157 | 9,536,102 | 11,911,396 |
Deferred Tax Assets Liabilities [Member] | Tax Relating To Provisions | ||||
Disclosure Of Income Taxes [Line Items] | ||||
Assets | 55,080,385 | 39,890,472 | ||
Beginning balance | 39,890,472 | 39,890,472 | 36,443,610 | |
Increase (decrease) in profit or loss | 4,032,271 | 2,940,867 | ||
Foreign currency translation | 973,961 | |||
Acquisitions Through Business Combinations | 5,183,782 | |||
Other increases (decreases) | 3,738,063 | 505,995 | ||
Ending balance | 41,152,308 | 55,080,385 | 39,890,472 | 36,443,610 |
Deferred Tax Assets Liabilities [Member] | Tax Relating To Provisions | Effects first application IFRS 9 and IAS 29 | ||||
Disclosure Of Income Taxes [Line Items] | ||||
Effects first application IFRS 9 and IAS 29 | 1,261,836 | |||
Deferred Tax Assets Liabilities [Member] | Dismantling Provision [Member] | ||||
Disclosure Of Income Taxes [Line Items] | ||||
Assets | 23,627,264 | 17,411,395 | ||
Beginning balance | 17,411,395 | 17,411,395 | 15,605,650 | |
Increase (decrease) in profit or loss | 4,442,928 | 1,805,745 | ||
Foreign currency translation | 59,520 | |||
Acquisitions Through Business Combinations | 1,707,519 | |||
Other increases (decreases) | 5,902 | |||
Ending balance | 17,411,395 | 23,627,264 | 17,411,395 | 15,605,650 |
Deferred Tax Assets Liabilities [Member] | Provision for Civil Contingencies [Member] | ||||
Disclosure Of Income Taxes [Line Items] | ||||
Assets | 4,108,710 | 3,762,772 | ||
Beginning balance | 3,762,772 | 3,762,772 | 1,433,216 | |
Increase (decrease) in profit or loss | 306,893 | 2,329,556 | ||
Foreign currency translation | 39,045 | |||
Ending balance | 3,762,772 | 4,108,710 | 3,762,772 | 1,433,216 |
Deferred Tax Assets Liabilities [Member] | Provision Contingencies Workers [Member] | ||||
Disclosure Of Income Taxes [Line Items] | ||||
Assets | 430,900 | 5,989 | ||
Beginning balance | 5,989 | 5,989 | ||
Increase (decrease) in profit or loss | 333,704 | 5,989 | ||
Foreign currency translation | 83,191 | |||
Acquisitions Through Business Combinations | 8,016 | |||
Ending balance | 5,989 | 430,900 | 5,989 | |
Deferred Tax Assets Liabilities [Member] | Provision for Doubtful Trade Accounts [Member] | ||||
Disclosure Of Income Taxes [Line Items] | ||||
Assets | 13,253,612 | 11,976,401 | ||
Beginning balance | 11,976,401 | 11,976,401 | 10,812,893 | |
Increase (decrease) in profit or loss | 13,646 | 1,163,508 | ||
Foreign currency translation | 989 | |||
Acquisitions Through Business Combinations | 3,434 | |||
Other increases (decreases) | (2,694) | |||
Ending balance | 13,238,237 | 13,253,612 | 11,976,401 | 10,812,893 |
Deferred Tax Assets Liabilities [Member] | Provision for Doubtful Trade Accounts [Member] | Effects first application IFRS 9 and IAS 29 | ||||
Disclosure Of Income Taxes [Line Items] | ||||
Effects first application IFRS 9 and IAS 29 | 1,261,836 | |||
Deferred Tax Assets Liabilities [Member] | Provision of Human Resources Accounts [Member] | ||||
Disclosure Of Income Taxes [Line Items] | ||||
Assets | 7,432,939 | 6,497,206 | ||
Beginning balance | 6,497,206 | 6,497,206 | 6,675,436 | |
Increase (decrease) in profit or loss | 178,162 | (81,698) | ||
Foreign currency translation | 686,776 | |||
Acquisitions Through Business Combinations | 70,795 | |||
Other increases (decreases) | (96,532) | |||
Ending balance | 6,497,206 | 7,432,939 | 6,497,206 | 6,675,436 |
Deferred Tax Assets Liabilities [Member] | Other provisions [member] | ||||
Disclosure Of Income Taxes [Line Items] | ||||
Assets | 6,226,960 | 236,709 | ||
Beginning balance | 236,709 | 236,709 | 1,916,415 | |
Increase (decrease) in profit or loss | (1,243,062) | (2,282,233) | ||
Foreign currency translation | 104,440 | |||
Acquisitions Through Business Combinations | 3,394,018 | |||
Other increases (decreases) | 3,734,855 | 602,527 | ||
Ending balance | 236,709 | 6,226,960 | 236,709 | 1,916,415 |
Deferred Tax Assets Liabilities [Member] | Other Deferred Taxes [member] | ||||
Disclosure Of Income Taxes [Line Items] | ||||
Assets | 14,277,897 | 49,635,500 | ||
Liabilities | (20,921,510) | (10,734,675) | ||
Beginning balance | 38,900,825 | 38,900,825 | 8,769,200 | |
Increase (decrease) in profit or loss | (34,967,709) | 25,965,730 | ||
Increase (decrease) in other comprehensive income | 111 | (497) | ||
Foreign currency translation | (28,356) | |||
Other increases (decreases) | (10,363,398) | 4,194,748 | ||
Ending balance | 38,687,383 | (6,643,613) | 38,900,825 | 8,769,200 |
Deferred Tax Assets Liabilities [Member] | Other Deferred Taxes [member] | Effects first application IFRS 9 and IAS 29 | ||||
Disclosure Of Income Taxes [Line Items] | ||||
Effects first application IFRS 9 and IAS 29 | (213,442) | |||
Deferred Tax Assets Liabilities [Member] | Tax Relating to Capitalization of Financial Expenses [Member] | ||||
Disclosure Of Income Taxes [Line Items] | ||||
Liabilities | (11,202,063) | (4,780,923) | ||
Beginning balance | (4,780,923) | (4,780,923) | (5,101,367) | |
Increase (decrease) in profit or loss | (6,421,139) | 320,444 | ||
Ending balance | (4,780,923) | (11,202,062) | (4,780,923) | (5,101,367) |
Deferred Tax Assets Liabilities [Member] | Recoverable Taxes [Member] | ||||
Disclosure Of Income Taxes [Line Items] | ||||
Assets | 10,491,314 | |||
Beginning balance | 10,491,314 | 10,491,314 | 10,295,696 | |
Other increases (decreases) | (10,491,314) | 195,618 | ||
Ending balance | 10,491,314 | 10,491,314 | 10,295,696 | |
Deferred Tax Assets Liabilities [Member] | Taxes Relating to Equity Method Accounting [Member] | ||||
Disclosure Of Income Taxes [Line Items] | ||||
Assets | 30,938,736 | |||
Beginning balance | 30,938,736 | 30,938,736 | ||
Increase (decrease) in profit or loss | (30,938,736) | 30,938,736 | ||
Ending balance | 30,938,736 | 30,938,736 | ||
Deferred Tax Assets Liabilities [Member] | Taxes Relating to Hyperinflationary Effect [Member] | ||||
Disclosure Of Income Taxes [Line Items] | ||||
Liabilities | (425,687) | |||
Increase (decrease) in profit or loss | (212,245) | |||
Ending balance | (213,442) | (425,687) | ||
Deferred Tax Assets Liabilities [Member] | Taxes Relating to Hyperinflationary Effect [Member] | Effects first application IFRS 9 and IAS 29 | ||||
Disclosure Of Income Taxes [Line Items] | ||||
Effects first application IFRS 9 and IAS 29 | (213,442) | |||
Deferred Tax Assets Liabilities [Member] | Other Deferred Taxes | ||||
Disclosure Of Income Taxes [Line Items] | ||||
Assets | 14,277,897 | 8,205,450 | ||
Liabilities | (9,293,760) | (5,953,752) | ||
Beginning balance | 2,251,698 | 2,251,698 | 3,574,871 | |
Increase (decrease) in profit or loss | 2,604,411 | (5,293,450) | ||
Increase (decrease) in other comprehensive income | 111 | (497) | ||
Foreign currency translation | (28,356) | |||
Other increases (decreases) | 127,916 | 3,999,130 | ||
Ending balance | 2,251,698 | 4,984,136 | 2,251,698 | 3,574,871 |
Deferred Tax Assets Liabilities [Member] | Deferred Tax Assets/Liabilities before compensation [Member] | ||||
Disclosure Of Income Taxes [Line Items] | ||||
Assets | 122,047,406 | 105,561,309 | ||
Liabilities | (380,956,230) | (274,947,198) | ||
Beginning balance | (169,385,889) | (169,385,889) | (177,568,277) | |
Increase (decrease) in profit or loss | (38,316,202) | 4,671,420 | ||
Increase (decrease) in other comprehensive income | (10,117) | (464,053) | ||
Foreign currency translation | (6,537,629) | 32,866 | ||
Acquisitions Through Business Combinations | (37,094,304) | |||
Other increases (decreases) | (8,613,077) | 3,942,155 | ||
Ending balance | (168,337,495) | (258,908,824) | (169,385,889) | $ (177,568,277) |
Deferred Tax Assets Liabilities [Member] | Deferred Tax Assets/Liabilities before compensation [Member] | Effects first application IFRS 9 and IAS 29 | ||||
Disclosure Of Income Taxes [Line Items] | ||||
Effects first application IFRS 9 and IAS 29 | $ 1,048,394 | |||
Deferred Tax Assets Liabilities [Member] | Compensation of Assets (Liabilities) for deferred taxes [Member] | ||||
Disclosure Of Income Taxes [Line Items] | ||||
Assets | 102,876,176 | 102,723,517 | ||
Liabilities | $ (102,876,176) | $ (102,723,517) |
Income Tax and Deferred Taxes_4
Income Tax and Deferred Taxes - Additional Information (Detail) - CLP ($) $ in Thousands | 12 Months Ended | ||||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | |
Disclosure Of Income Taxes [Line Items] | |||||
Unrecognized deferred tax assets tax loss carryforwards | $ 3,930,370 | $ 0 | |||
Temporary differences associated with investments in subsidiaries and joint ventures | 896,532,229 | 1,143,608,396 | |||
Deferred tax asset not recognized for deductible temporary differences | $ 744,768,294 | $ 257,883,751 | |||
Applicable tax rate under integrated system | 24.00% | 22.50% | 21.00% | ||
2017 | |||||
Disclosure Of Income Taxes [Line Items] | |||||
Applicable tax rate under integrated system | 25.00% | ||||
Applicable Tax Rate Under Partially Integrated System | 25.50% | ||||
2018 | |||||
Disclosure Of Income Taxes [Line Items] | |||||
Applicable Tax Rate Under Partially Integrated System | 27.00% |
Income Tax and Deferred Taxes_5
Income Tax and Deferred Taxes - Effects of Deferred Tax on Components of Other Comprehensive Income (Detail) - CLP ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | |
Amount Before Income Tax | |||
Available-for-sale financial assets | $ (411) | $ 1,840 | $ (6,740) |
Cash flow hedge | (221,906,855) | 97,558,961 | 89,068,357 |
Share of other comprehensive income from associates and joint ventures accounted for using the equity method | (1,490) | (11,691,509) | |
Foreign currency translation | 107,492,316 | (3,686,549) | (3,532,410) |
Actuarial gains(losses) on defined-benefit pension plans | 37,881 | 1,716,875 | (6,618,514) |
Other comprehensive income (loss), before taxes | (114,377,069) | 95,589,637 | 67,219,184 |
Income Tax Relating To Components Of Other Comprehensive Income [Abstract] | |||
Income tax related to available-for-sale financial assets | 111 | (497) | 1,820 |
Income tax related to cash flow hedge | 60,650,786 | (25,701,599) | (21,116,232) |
Income tax related to defined benefit plans | (10,228) | (463,556) | 1,786,999 |
Income tax related to components of other comprehensive income | 60,640,669 | (26,165,652) | (19,327,413) |
Amount After Income Tax | |||
Available-for-sale financial assets | (300) | 1,343 | (4,920) |
Cash flow hedge | (161,256,069) | 71,857,362 | 67,952,125 |
Share of other comprehensive income from associates and joint ventures accounted for using the equity method | (1,490) | (11,691,075) | |
Foreign currency translation | 107,492,316 | (3,686,549) | (3,532,844) |
Actuarial gains(losses) on defined-benefit pension plans | 27,653 | 1,253,319 | (4,831,515) |
Total Other Comprehensive Income (Loss) | $ (53,736,400) | $ 69,423,985 | $ 47,891,771 |
Income Tax and Deferred Taxes_6
Income Tax and Deferred Taxes - Movements in Deferred Taxes for Components of Other Comprehensive Income (Detail) - CLP ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | |
Income Tax Relating To Components Of Other Comprehensive Income [Abstract] | |||
Total increases (decreases) for deferred taxes of other comprehensive income from continuing operations | $ (10,117) | $ (464,053) | $ 1,788,821 |
Income tax of changes in cash flow hedge transactions | 60,650,786 | (25,701,599) | (21,116,234) |
Income tax related to components of other comprehensive income | $ 60,640,669 | $ (26,165,652) | $ (19,327,413) |
Other Financial Liabilities - S
Other Financial Liabilities - Schedule of Balances of Other Financial Liabilities (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Disclosure Of Financial Liabilities [Line Items] | ||
Other financial liabilities, Current | $ 410,665,815 | $ 18,815,448 |
Other financial liabilities, Non-current | 1,705,833,503 | 781,978,145 |
Interest-Bearing Borrowings [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Other financial liabilities, Current | 329,262,093 | 17,255,692 |
Other financial liabilities, Non-current | 1,703,044,158 | 760,932,929 |
Hedging Derivatives [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Other financial liabilities, Current | 81,195,765 | 304,278 |
Other financial liabilities, Non-current | 2,629,715 | 21,045,216 |
Non-Hedging Derivatives [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Other financial liabilities, Current | 207,957 | $ 1,255,478 |
Other financial liabilities, Non-current | $ 159,630 |
Other Financial Liabilities -_2
Other Financial Liabilities - Schedule of Interest-bearing Borrowings (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | $ 329,262,093 | $ 17,255,692 |
Non-current, Maturity | 1,703,044,158 | 760,932,929 |
Bank Loans [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 283,527,689 | 122 |
Non-current, Maturity | 229,020,029 | |
Unsecured Obligations [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 43,568,129 | 15,455,782 |
Non-current, Maturity | 1,461,713,954 | 748,123,803 |
Finance Leases [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 2,166,275 | 1,799,788 |
Non-current, Maturity | $ 12,310,175 | $ 12,809,126 |
Other Financial Liabilities -_3
Other Financial Liabilities - Summary of Bank Loans by Currency Maturity (Detail) - CLP ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | $ 283,527,689 | $ 122 |
Non-current, Maturity | 229,020,029 | |
Two to Three Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 104,100,014 | |
Three to Four Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | $ 124,920,015 | |
Chile [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Nominal Interest Rate | 6.49% | 6.90% |
Bank Loans [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | $ 283,527,689 | $ 122 |
Non-current, Maturity | 229,020,029 | |
Bank Loans [Member] | One to Three Months [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 1,350,867 | $ 122 |
Bank Loans [Member] | Three Months to Twelve Months [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 282,176,822 | |
Bank Loans [Member] | Two to Three Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 104,100,014 | |
Bank Loans [Member] | Three to Four Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | $ 124,920,015 | |
Bank Loans [Member] | Chile [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Effective Interest Rate | 3.51% | |
Nominal Interest Rate | 3.51% | |
Current, Maturity | $ 70,790,775 | |
Bank Loans [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Effective Interest Rate | 4.71% | 6.00% |
Nominal Interest Rate | 4.30% | 6.00% |
Current, Maturity | $ 212,736,914 | $ 122 |
Bank Loans [Member] | Chile [Member] | One to Three Months [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 1,350,861 | |
Bank Loans [Member] | Chile [Member] | One to Three Months [Member] | Chilean Peso [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 6 | $ 122 |
Bank Loans [Member] | Chile [Member] | Three Months to Twelve Months [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 69,439,914 | |
Bank Loans [Member] | Chile [Member] | Three Months to Twelve Months [Member] | Chilean Peso [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 212,736,908 | |
Bank Loans [Member] | Chile [Member] | Two to Three Years [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 104,100,014 | |
Bank Loans [Member] | Chile [Member] | Three to Four Years [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | $ 124,920,015 |
Other Financial Liabilities - A
Other Financial Liabilities - Additional Information (Detail) - CLP ($) | Dec. 31, 2018 | Dec. 31, 2017 |
Disclosure Of Financial Liabilities [Line Items] | ||
Secured liabilities | $ 0 | $ 0 |
Undrawn line of credits | 416,862,000,000 | 199,271,103,000 |
Cash flow hedge [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Borrowings | 1,192,973,584,000 | 440,823,086,000 |
Level 2 [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Fair value of current and non-current unsecured liabilities | 1,685,679,241,000 | 947,565,989,000 |
Bank Loans [Member] | Level 2 [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Borrowings | $ 509,822,541,000 | $ 122,000 |
Other Financial Liabilities -_4
Other Financial Liabilities - Summary of Identification of Bank Borrowings by Company (Detail) - CLP ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | $ 283,527,689 | $ 122 |
Non-current, Maturity | $ 229,020,029 | |
Banco Santander [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Effective Interest Rate | 6.00% | |
Nominal Interest Rate | 6.00% | |
Current, Maturity | $ 12 | |
Banco Santander [Member] | Enel Chile [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Effective Interest Rate | 3.85% | |
Nominal Interest Rate | 3.17% | |
Current, Maturity | $ 65,829,996 | |
Linea sobregiro Banco Santander [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Effective Interest Rate | 6.00% | |
Nominal Interest Rate | 6.00% | |
Current, Maturity | $ 4 | |
Linea sobregiro Banco Santander [Member] | Enel Distribucion Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Effective Interest Rate | 6.00% | |
Nominal Interest Rate | 6.00% | |
Current, Maturity | $ 2 | |
Banco de Chile [Member] | Enel Chile [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Effective Interest Rate | 3.85% | |
Nominal Interest Rate | 3.17% | |
Current, Maturity | $ 73,453,456 | |
Scotiabank Chile [Member] | Enel Chile [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Effective Interest Rate | 3.85% | |
Nominal Interest Rate | 3.17% | |
Current, Maturity | $ 73,453,456 | |
Banco Bilbao Vizcaya Argentaria [Member] | Enel Green Power Chile Ltda. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Effective Interest Rate | 4.14% | |
Nominal Interest Rate | 4.14% | |
Current, Maturity | $ 70,214,637 | |
Banco Bilbao Vizcaya Argentaria [Member] | Empresa Electrica Panguipulli S .A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Effective Interest Rate | 4.25% | |
Nominal Interest Rate | 4.25% | |
Current, Maturity | $ 377,320 | |
Non-current, Maturity | $ 104,100,013 | |
Banco Bilbao Vizcaya Argentaria One [Member] | Enel Green Power Chile Ltda. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Effective Interest Rate | 4.17% | |
Nominal Interest Rate | 4.17% | |
Current, Maturity | $ 158,913 | |
Non-current, Maturity | $ 104,100,014 | |
INTER-AMERICAN INVESTIMENT CORPORATION [Member] | Enel Green Power Chile Ltda. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Effective Interest Rate | 1.50% | |
Nominal Interest Rate | 1.50% | |
Current, Maturity | $ 39,905 | |
Non-current, Maturity | 20,820,002 | |
Banco De Credito E Inversiones [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Effective Interest Rate | 6.00% | |
Nominal Interest Rate | 6.00% | |
Current, Maturity | $ 97 | |
Banco De Credito E Inversiones [Member] | Enel Distribucion Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Effective Interest Rate | 6.00% | |
Nominal Interest Rate | 6.00% | |
Current, Maturity | $ 13 | |
More than 90 Days [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 282,176,822 | |
More than 90 Days [Member] | Banco Santander [Member] | Enel Chile [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 65,829,996 | |
More than 90 Days [Member] | Banco de Chile [Member] | Enel Chile [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 73,453,456 | |
More than 90 Days [Member] | Scotiabank Chile [Member] | Enel Chile [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 73,453,456 | |
More than 90 Days [Member] | Banco Bilbao Vizcaya Argentaria [Member] | Enel Green Power Chile Ltda. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 69,400,009 | |
More than 90 Days [Member] | INTER-AMERICAN INVESTIMENT CORPORATION [Member] | Enel Green Power Chile Ltda. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 39,905 | |
Two to Three Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 104,100,014 | |
Two to Three Years [Member] | Banco Bilbao Vizcaya Argentaria One [Member] | Enel Green Power Chile Ltda. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 104,100,014 | |
Three to Four Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 124,920,015 | |
Three to Four Years [Member] | Banco Bilbao Vizcaya Argentaria [Member] | Empresa Electrica Panguipulli S .A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 104,100,013 | |
Three to Four Years [Member] | INTER-AMERICAN INVESTIMENT CORPORATION [Member] | Enel Green Power Chile Ltda. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 20,820,002 | |
Less than 90 Days [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 1,350,867 | 122 |
Less than 90 Days [Member] | Banco Santander [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 12 | |
Less than 90 Days [Member] | Linea sobregiro Banco Santander [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 4 | |
Less than 90 Days [Member] | Linea sobregiro Banco Santander [Member] | Enel Distribucion Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 2 | |
Less than 90 Days [Member] | Banco Bilbao Vizcaya Argentaria [Member] | Enel Green Power Chile Ltda. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 814,628 | |
Less than 90 Days [Member] | Banco Bilbao Vizcaya Argentaria [Member] | Empresa Electrica Panguipulli S .A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 377,320 | |
Less than 90 Days [Member] | Banco Bilbao Vizcaya Argentaria One [Member] | Enel Green Power Chile Ltda. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | $ 158,913 | |
Less than 90 Days [Member] | Banco De Credito E Inversiones [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 97 | |
Less than 90 Days [Member] | Banco De Credito E Inversiones [Member] | Enel Distribucion Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | $ 13 |
Other Financial Liabilities -_5
Other Financial Liabilities - Summary of Unsecured Liabilities by Currency and Maturity (Detail) - CLP ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | $ 43,568,129 | $ 15,455,782 |
Non-current, Maturity | $ 1,461,713,954 | $ 748,123,803 |
U.S. Dollar [Member] | Chile [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Effective Interest Rate | 6.59% | 6.99% |
Nominal Annual Rate | 6.49% | 6.90% |
Current, Maturity | $ 11,426,035 | $ 8,528,350 |
Non-current, Maturity | $ 1,164,595,519 | $ 430,228,859 |
Unidades de Fomento [Member] | Chile [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Effective Interest Rate | 6.00% | 6.00% |
Nominal Annual Rate | 5.48% | 5.48% |
Current, Maturity | $ 32,142,094 | $ 6,927,432 |
Non-current, Maturity | 297,118,435 | 317,894,944 |
One to Three Months [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 7,144,997 | 6,322,081 |
One to Three Months [Member] | U.S. Dollar [Member] | Chile [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 7,144,997 | 6,322,081 |
Three to Twelve Months [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 36,423,132 | 9,133,701 |
Three to Twelve Months [Member] | U.S. Dollar [Member] | Chile [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 4,281,038 | 2,206,269 |
Three to Twelve Months [Member] | Unidades de Fomento [Member] | Chile [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 32,142,094 | 6,927,432 |
One to Two Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 30,793,493 | 5,574,013 |
One to Two Years [Member] | Unidades de Fomento [Member] | Chile [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 30,793,493 | 5,574,013 |
Two to Three Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 30,793,493 | 5,574,013 |
Two to Three Years [Member] | Unidades de Fomento [Member] | Chile [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 30,793,493 | 5,574,013 |
Three to Four Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 30,793,493 | 5,574,013 |
Three to Four Years [Member] | Unidades de Fomento [Member] | Chile [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 30,793,493 | 5,574,013 |
Four to Five Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 30,793,493 | 5,574,013 |
Four to Five Years [Member] | Unidades de Fomento [Member] | Chile [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 30,793,493 | 5,574,013 |
More Than Five Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 1,338,539,982 | 725,827,751 |
More Than Five Years [Member] | U.S. Dollar [Member] | Chile [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 1,164,595,519 | 430,228,859 |
More Than Five Years [Member] | Unidades de Fomento [Member] | Chile [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | $ 173,944,463 | $ 295,598,892 |
Other Financial Liabilities -_6
Other Financial Liabilities - Summary of Unsecured Liabilities by Company (Detail) - CLP ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | $ 43,568,129 | $ 15,455,782 |
Non-current, Maturity | $ 1,461,713,954 | $ 748,123,803 |
U.S. Dollar [Member] | Chile [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Effective Interest Rate | 6.59% | 6.99% |
Nominal Interest Rate | 6.49% | 6.90% |
Current, Maturity | $ 11,426,035 | $ 8,528,350 |
Non-current, Maturity | $ 1,164,595,519 | $ 430,228,859 |
Unidades de Fomento [Member] | Chile [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Effective Interest Rate | 6.00% | 6.00% |
Nominal Interest Rate | 5.48% | 5.48% |
Current, Maturity | $ 32,142,094 | $ 6,927,432 |
Non-current, Maturity | 297,118,435 | 317,894,944 |
One to Two Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 30,793,493 | 5,574,013 |
One to Two Years [Member] | Unidades de Fomento [Member] | Chile [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 30,793,493 | 5,574,013 |
Two to Three Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 30,793,493 | 5,574,013 |
Two to Three Years [Member] | Unidades de Fomento [Member] | Chile [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 30,793,493 | 5,574,013 |
Three to Four Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 30,793,493 | 5,574,013 |
Three to Four Years [Member] | Unidades de Fomento [Member] | Chile [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 30,793,493 | 5,574,013 |
Four to Five Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 30,793,493 | 5,574,013 |
Four to Five Years [Member] | Unidades de Fomento [Member] | Chile [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 30,793,493 | 5,574,013 |
More Than Five Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 1,338,539,982 | 725,827,751 |
More Than Five Years [Member] | U.S. Dollar [Member] | Chile [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 1,164,595,519 | 430,228,859 |
More Than Five Years [Member] | Unidades de Fomento [Member] | Chile [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 173,944,463 | 295,598,892 |
Less than 90 Days [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 7,144,997 | 6,322,081 |
More than 90 Days [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | $ 36,423,132 | $ 9,133,701 |
BNY Mellon -Primera Emision S-1 [Member] | U.S. Dollar [Member] | US [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Effective Interest Rate | 7.96% | 7.96% |
Nominal Interest Rate | 7.88% | 7.88% |
Current, Maturity | $ 4,693,498 | $ 4,152,926 |
Non-current, Maturity | 142,300,747 | 125,566,611 |
BNY Mellon -Primera Emision S-1 [Member] | More Than Five Years [Member] | U.S. Dollar [Member] | US [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 142,300,747 | 125,566,611 |
BNY Mellon -Primera Emision S-1 [Member] | Less than 90 Days [Member] | U.S. Dollar [Member] | US [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | $ 4,693,498 | $ 4,152,926 |
BNY Mellon - Primera Emision S-2 [Member] | U.S. Dollar [Member] | US [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Effective Interest Rate | 7.40% | 7.40% |
Nominal Interest Rate | 7.33% | 7.33% |
Current, Maturity | $ 1,500,880 | $ 1,328,023 |
Non-current, Maturity | 48,131,124 | 42,902,198 |
BNY Mellon - Primera Emision S-2 [Member] | More Than Five Years [Member] | U.S. Dollar [Member] | US [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 48,131,124 | 42,902,198 |
BNY Mellon - Primera Emision S-2 [Member] | Less than 90 Days [Member] | U.S. Dollar [Member] | US [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | $ 1,500,880 | $ 1,328,023 |
BNY Mellon Primera Emision Three [Member] | U.S. Dollar [Member] | US [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Effective Interest Rate | 8.26% | 8.26% |
Nominal Interest Rate | 8.13% | 8.13% |
Current, Maturity | $ 950,619 | $ 841,132 |
Non-current, Maturity | 22,694,249 | 19,398,499 |
BNY Mellon Primera Emision Three [Member] | More Than Five Years [Member] | U.S. Dollar [Member] | US [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 22,694,249 | 19,398,499 |
BNY Mellon Primera Emision Three [Member] | Less than 90 Days [Member] | U.S. Dollar [Member] | US [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | $ 950,619 | $ 841,132 |
BNY Mellon - Unica 24296 [Member] | U.S. Dollar [Member] | US [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Effective Interest Rate | 4.32% | 4.32% |
Nominal Interest Rate | 4.25% | 4.25% |
Current, Maturity | $ 2,493,452 | $ 2,206,269 |
Non-current, Maturity | 274,469,150 | 242,361,551 |
BNY Mellon - Unica 24296 [Member] | More Than Five Years [Member] | U.S. Dollar [Member] | US [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 274,469,150 | 242,361,551 |
BNY Mellon - Unica 24296 [Member] | More than 90 Days [Member] | U.S. Dollar [Member] | US [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | $ 2,493,452 | $ 2,206,269 |
Banco Santander -317 Serie-H [Member] | Unidades de Fomento [Member] | Chile [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Effective Interest Rate | 7.17% | 7.17% |
Nominal Interest Rate | 6.20% | 6.20% |
Current, Maturity | $ 6,513,162 | $ 6,374,051 |
Non-current, Maturity | 48,321,664 | 53,168,588 |
Banco Santander -317 Serie-H [Member] | One to Two Years [Member] | Unidades de Fomento [Member] | Chile [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 5,733,684 | 5,574,013 |
Banco Santander -317 Serie-H [Member] | Two to Three Years [Member] | Unidades de Fomento [Member] | Chile [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 5,733,684 | 5,574,013 |
Banco Santander -317 Serie-H [Member] | Three to Four Years [Member] | Unidades de Fomento [Member] | Chile [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 5,733,684 | 5,574,013 |
Banco Santander -317 Serie-H [Member] | Four to Five Years [Member] | Unidades de Fomento [Member] | Chile [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 5,733,684 | 5,574,013 |
Banco Santander -317 Serie-H [Member] | More Than Five Years [Member] | Unidades de Fomento [Member] | Chile [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 25,386,928 | 30,872,536 |
Banco Santander -317 Serie-H [Member] | More than 90 Days [Member] | Unidades de Fomento [Member] | Chile [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | $ 6,513,162 | $ 6,374,051 |
Banco Santander 522 Serie-M [Member] | Unidades de Fomento [Member] | Chile [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Effective Interest Rate | 4.82% | 4.82% |
Nominal Interest Rate | 4.75% | 4.75% |
Current, Maturity | $ 25,628,932 | $ 553,381 |
Non-current, Maturity | 248,796,771 | 264,726,356 |
Banco Santander 522 Serie-M [Member] | One to Two Years [Member] | Unidades de Fomento [Member] | Chile [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 25,059,809 | |
Banco Santander 522 Serie-M [Member] | Two to Three Years [Member] | Unidades de Fomento [Member] | Chile [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 25,059,809 | |
Banco Santander 522 Serie-M [Member] | Three to Four Years [Member] | Unidades de Fomento [Member] | Chile [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 25,059,809 | |
Banco Santander 522 Serie-M [Member] | Four to Five Years [Member] | Unidades de Fomento [Member] | Chile [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 25,059,809 | |
Banco Santander 522 Serie-M [Member] | More Than Five Years [Member] | Unidades de Fomento [Member] | Chile [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 148,557,535 | 264,726,356 |
Banco Santander 522 Serie-M [Member] | More than 90 Days [Member] | Unidades de Fomento [Member] | Chile [Member] | Enel Generacin Chile S.A. [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | $ 25,628,932 | $ 553,381 |
BNY Mellon - Unica [Member] | U.S. Dollar [Member] | US [Member] | Enel Chile [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Effective Interest Rate | 5.03% | |
Nominal Interest Rate | 4.88% | |
Current, Maturity | $ 1,787,586 | |
Non-current, Maturity | 677,000,249 | |
BNY Mellon - Unica [Member] | More Than Five Years [Member] | U.S. Dollar [Member] | US [Member] | Enel Chile [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 677,000,249 | |
BNY Mellon - Unica [Member] | More than 90 Days [Member] | U.S. Dollar [Member] | US [Member] | Enel Chile [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | $ 1,787,586 |
Other Financial Liabilities -_7
Other Financial Liabilities - Summary of Detail of Finance Lease Obligations (Detail) - CLP ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Disclosure Of Other Financial Liabilities [Line Items] | ||
Current finance lease liabilities | $ 2,166,275 | $ 1,799,788 |
Non current finance lease liabilities | $ 12,310,175 | $ 12,809,126 |
Chile [Member] | U.S. Dollar [Member] | ||
Disclosure Of Other Financial Liabilities [Line Items] | ||
Nominal Interest Rate | 6.49% | 6.90% |
Less than 90 Days [Member] | ||
Disclosure Of Other Financial Liabilities [Line Items] | ||
Current finance lease liabilities | $ 528,847 | $ 439,377 |
More than 90 Days [Member] | ||
Disclosure Of Other Financial Liabilities [Line Items] | ||
Current finance lease liabilities | 1,637,428 | 1,360,411 |
One to Two Years [Member] | ||
Disclosure Of Other Financial Liabilities [Line Items] | ||
Non current finance lease liabilities | 2,307,082 | 2,459,000 |
Two to Three Years [Member] | ||
Disclosure Of Other Financial Liabilities [Line Items] | ||
Non current finance lease liabilities | 2,457,043 | 1,916,774 |
Three to Four Years [Member] | ||
Disclosure Of Other Financial Liabilities [Line Items] | ||
Non current finance lease liabilities | 2,616,750 | 2,041,364 |
Four to Five Years [Member] | ||
Disclosure Of Other Financial Liabilities [Line Items] | ||
Non current finance lease liabilities | $ 4,929,300 | 2,174,053 |
More Than Five Years [Member] | ||
Disclosure Of Other Financial Liabilities [Line Items] | ||
Non current finance lease liabilities | $ 4,217,935 | |
Enel Generacin Chile S.A. [Member] | Chile [Member] | Transelec S A [Member] | U.S. Dollar [Member] | ||
Disclosure Of Other Financial Liabilities [Line Items] | ||
Nominal Interest Rate | 6.50% | 6.50% |
Current finance lease liabilities | $ 2,166,275 | $ 1,799,788 |
Non current finance lease liabilities | 12,310,175 | 12,809,126 |
Enel Generacin Chile S.A. [Member] | Less than 90 Days [Member] | Chile [Member] | Transelec S A [Member] | U.S. Dollar [Member] | ||
Disclosure Of Other Financial Liabilities [Line Items] | ||
Current finance lease liabilities | 528,847 | 439,377 |
Enel Generacin Chile S.A. [Member] | More than 90 Days [Member] | Chile [Member] | Transelec S A [Member] | U.S. Dollar [Member] | ||
Disclosure Of Other Financial Liabilities [Line Items] | ||
Current finance lease liabilities | 1,637,428 | 1,360,411 |
Enel Generacin Chile S.A. [Member] | One to Two Years [Member] | Chile [Member] | Transelec S A [Member] | U.S. Dollar [Member] | ||
Disclosure Of Other Financial Liabilities [Line Items] | ||
Non current finance lease liabilities | 2,307,082 | 2,459,000 |
Enel Generacin Chile S.A. [Member] | Two to Three Years [Member] | Chile [Member] | Transelec S A [Member] | U.S. Dollar [Member] | ||
Disclosure Of Other Financial Liabilities [Line Items] | ||
Non current finance lease liabilities | 2,457,043 | 1,916,774 |
Enel Generacin Chile S.A. [Member] | Three to Four Years [Member] | Chile [Member] | Transelec S A [Member] | U.S. Dollar [Member] | ||
Disclosure Of Other Financial Liabilities [Line Items] | ||
Non current finance lease liabilities | 2,616,750 | 2,041,364 |
Enel Generacin Chile S.A. [Member] | Four to Five Years [Member] | Chile [Member] | Transelec S A [Member] | U.S. Dollar [Member] | ||
Disclosure Of Other Financial Liabilities [Line Items] | ||
Non current finance lease liabilities | $ 4,929,300 | 2,174,053 |
Enel Generacin Chile S.A. [Member] | More Than Five Years [Member] | Chile [Member] | Transelec S A [Member] | U.S. Dollar [Member] | ||
Disclosure Of Other Financial Liabilities [Line Items] | ||
Non current finance lease liabilities | $ 4,217,935 |
Other Financial Liabilities -_8
Other Financial Liabilities - Summary of Changes in Reserve for Cash Flow Hedges (Detail) - CLP ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | |
Disclosure Of Other Financial Liabilities [Line Items] | |||
Foreign currency exchange differences recognized in profit and loss, net | $ (7,807,197) | $ 8,516,874 | $ 12,978,471 |
Reserve for Cash Flow Hedges [Member] | |||
Disclosure Of Other Financial Liabilities [Line Items] | |||
Balance in hedging reserves (hedging income) at the beginning of the period, net | (27,168,008) | (52,747,646) | (74,953,393) |
Foreign currency exchange differences recognized in equity, net | (101,790,308) | 17,321,594 | 14,317,257 |
Foreign currency exchange differences recognized in profit and loss, net | 12,478,369 | 8,258,044 | 7,888,490 |
Others (Tender Offer 33.57% 02.04.2018 on Enel Generacion Chile) | (11,028,906) | ||
Balance in hedging reserves (hedging income) at the end of the period, net | $ (127,508,853) | $ (27,168,008) | $ (52,747,646) |
Other Financial Liabilities -_9
Other Financial Liabilities - Summary of Estimates of Undiscounted Flows of Bank Loans (Detail) - CLP ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | $ 283,527,689 | $ 122 |
Non-current, Maturity | 229,020,029 | |
Two to Three Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 104,100,014 | |
Three to Four Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | $ 124,920,015 | |
Chile [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Nominal Interest Rate | 6.49% | 6.90% |
Bank Loans [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | $ 283,527,689 | $ 122 |
Non-current, Maturity | 229,020,029 | |
Bank Loans [Member] | One to Three Months [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 1,350,867 | $ 122 |
Bank Loans [Member] | Three Months to Twelve Months [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 282,176,822 | |
Bank Loans [Member] | Two to Three Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 104,100,014 | |
Bank Loans [Member] | Three to Four Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | $ 124,920,015 | |
Bank Loans [Member] | Chile [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Effective Interest Rate | 3.51% | |
Nominal Interest Rate | 3.51% | |
Current, Maturity | $ 70,790,775 | |
Bank Loans [Member] | Chile [Member] | Chilean Peso [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Effective Interest Rate | 4.71% | 6.00% |
Nominal Interest Rate | 4.30% | 6.00% |
Current, Maturity | $ 212,736,914 | $ 122 |
Bank Loans [Member] | Chile [Member] | One to Three Months [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 1,350,861 | |
Bank Loans [Member] | Chile [Member] | One to Three Months [Member] | Chilean Peso [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 6 | 122 |
Bank Loans [Member] | Chile [Member] | Three Months to Twelve Months [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 69,439,914 | |
Bank Loans [Member] | Chile [Member] | Three Months to Twelve Months [Member] | Chilean Peso [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 212,736,908 | |
Bank Loans [Member] | Chile [Member] | Two to Three Years [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 104,100,014 | |
Bank Loans [Member] | Chile [Member] | Three to Four Years [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 124,920,015 | |
Bank Loans [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 294,779,444 | 122 |
Non-current, Maturity | $ 238,357,658 | |
Bank Loans [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Nominal Interest Rate | 3.51% | |
Current, Maturity | $ 77,060,229 | |
Non-current, Maturity | $ 238,357,658 | |
Bank Loans [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | Chilean Peso [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Nominal Interest Rate | 4.30% | |
Current, Maturity | $ 217,719,215 | 122 |
Bank Loans [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | One to Three Months [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 3,784,620 | 122 |
Bank Loans [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | One to Three Months [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 1,985,915 | |
Bank Loans [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | One to Three Months [Member] | Chilean Peso [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 1,798,705 | $ 122 |
Bank Loans [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | Three Months to Twelve Months [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 290,994,824 | |
Bank Loans [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | Three Months to Twelve Months [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 75,074,314 | |
Bank Loans [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | Three Months to Twelve Months [Member] | Chilean Peso [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 215,920,510 | |
Bank Loans [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | One to Two Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 110,909,917 | |
Bank Loans [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | One to Two Years [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 110,909,917 | |
Bank Loans [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | Two to Three Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 106,335,361 | |
Bank Loans [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | Two to Three Years [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 106,335,361 | |
Bank Loans [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | Three to Four Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 21,112,380 | |
Bank Loans [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | Three to Four Years [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | $ 21,112,380 |
Other Financial Liabilities _10
Other Financial Liabilities - Summary of Estimates of Undiscounted Flows of Guaranteed and Unsecured Obligations (Detail) - CLP ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | $ 43,568,129 | $ 15,455,782 |
Non-current, Maturity | 1,461,713,954 | 748,123,803 |
One to Two Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 30,793,493 | 5,574,013 |
Two to Three Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 30,793,493 | 5,574,013 |
Three to Four Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 30,793,493 | 5,574,013 |
Four to Five Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 30,793,493 | 5,574,013 |
More Than Five Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | $ 1,338,539,982 | $ 725,827,751 |
Chile [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Nominal Interest Rate | 6.49% | 6.90% |
Current, Maturity | $ 11,426,035 | $ 8,528,350 |
Non-current, Maturity | $ 1,164,595,519 | $ 430,228,859 |
Chile [Member] | Unidades de Fomento [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Nominal Interest Rate | 5.48% | 5.48% |
Current, Maturity | $ 32,142,094 | $ 6,927,432 |
Non-current, Maturity | 297,118,435 | 317,894,944 |
Chile [Member] | One to Two Years [Member] | Unidades de Fomento [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 30,793,493 | 5,574,013 |
Chile [Member] | Two to Three Years [Member] | Unidades de Fomento [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 30,793,493 | 5,574,013 |
Chile [Member] | Three to Four Years [Member] | Unidades de Fomento [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 30,793,493 | 5,574,013 |
Chile [Member] | Four to Five Years [Member] | Unidades de Fomento [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 30,793,493 | 5,574,013 |
Chile [Member] | More Than Five Years [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 1,164,595,519 | 430,228,859 |
Chile [Member] | More Than Five Years [Member] | Unidades de Fomento [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 173,944,463 | 295,598,892 |
Guaranteed and Unsecured Obligations [Member] | Future Undiscounted Debt Flow [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 121,170,006 | 55,256,390 |
Non-current, Maturity | 2,297,392,177 | 1,263,103,646 |
Guaranteed and Unsecured Obligations [Member] | Future Undiscounted Debt Flow [Member] | One to Three Months [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 22,777,284 | 12,473,017 |
Guaranteed and Unsecured Obligations [Member] | Future Undiscounted Debt Flow [Member] | Three Months to Twelve Months [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 98,392,722 | 42,783,373 |
Guaranteed and Unsecured Obligations [Member] | Future Undiscounted Debt Flow [Member] | One to Two Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 118,731,427 | 78,718,927 |
Guaranteed and Unsecured Obligations [Member] | Future Undiscounted Debt Flow [Member] | Two to Three Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 116,292,850 | 76,629,479 |
Guaranteed and Unsecured Obligations [Member] | Future Undiscounted Debt Flow [Member] | Three to Four Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 113,854,273 | 74,540,030 |
Guaranteed and Unsecured Obligations [Member] | Future Undiscounted Debt Flow [Member] | Four to Five Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 111,415,695 | 72,450,582 |
Guaranteed and Unsecured Obligations [Member] | Future Undiscounted Debt Flow [Member] | More Than Five Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | $ 1,837,097,932 | 960,764,628 |
Guaranteed and Unsecured Obligations [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Nominal Interest Rate | 6.49% | |
Current, Maturity | $ 64,694,888 | 26,791,914 |
Non-current, Maturity | $ 1,871,089,791 | 811,039,718 |
Guaranteed and Unsecured Obligations [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | Unidades de Fomento [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Nominal Interest Rate | 5.48% | |
Current, Maturity | $ 56,475,118 | 28,464,476 |
Non-current, Maturity | 426,302,386 | 452,063,928 |
Guaranteed and Unsecured Obligations [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | One to Three Months [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 16,173,722 | 6,697,979 |
Guaranteed and Unsecured Obligations [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | One to Three Months [Member] | Unidades de Fomento [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 6,603,562 | 5,775,038 |
Guaranteed and Unsecured Obligations [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | Three Months to Twelve Months [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 48,521,166 | 20,093,935 |
Guaranteed and Unsecured Obligations [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | Three Months to Twelve Months [Member] | Unidades de Fomento [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current, Maturity | 49,871,556 | 22,689,438 |
Guaranteed and Unsecured Obligations [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | One to Two Years [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 64,694,887 | 26,791,913 |
Guaranteed and Unsecured Obligations [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | One to Two Years [Member] | Unidades de Fomento [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 54,036,540 | 51,927,014 |
Guaranteed and Unsecured Obligations [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | Two to Three Years [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 64,694,887 | 26,791,913 |
Guaranteed and Unsecured Obligations [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | Two to Three Years [Member] | Unidades de Fomento [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 51,597,963 | 49,837,566 |
Guaranteed and Unsecured Obligations [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | Three to Four Years [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 64,694,887 | 26,791,913 |
Guaranteed and Unsecured Obligations [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | Three to Four Years [Member] | Unidades de Fomento [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 49,159,386 | 47,748,117 |
Guaranteed and Unsecured Obligations [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | Four to Five Years [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 64,694,887 | 26,791,913 |
Guaranteed and Unsecured Obligations [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | Four to Five Years [Member] | Unidades de Fomento [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 46,720,808 | 45,658,669 |
Guaranteed and Unsecured Obligations [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | More Than Five Years [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | 1,612,310,243 | 703,872,066 |
Guaranteed and Unsecured Obligations [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | More Than Five Years [Member] | Unidades de Fomento [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non-current, Maturity | $ 224,787,689 | $ 256,892,562 |
Other Financial Liabilities _11
Other Financial Liabilities - Summary of Estimates of Undiscounted Flows of Finance Leases (Detail) - CLP ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Disclosure Of Financial Liabilities [Line Items] | ||
Current finance lease liabilities | $ 2,166,275 | $ 1,799,788 |
Non current finance lease liabilities | 12,310,175 | 12,809,126 |
One to Two Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non current finance lease liabilities | 2,307,082 | 2,459,000 |
Two to Three Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non current finance lease liabilities | 2,457,043 | 1,916,774 |
Three to Four Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non current finance lease liabilities | 2,616,750 | 2,041,364 |
Four to Five Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non current finance lease liabilities | $ 4,929,300 | 2,174,053 |
More Than Five Years [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non current finance lease liabilities | $ 4,217,935 | |
Chile [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Nominal Interest Rate | 6.49% | 6.90% |
Finance Leases [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Nominal Interest Rate | 6.50% | |
Current finance lease liabilities | $ 3,038,932 | $ 2,737,680 |
Non current finance lease liabilities | 14,136,785 | 15,328,706 |
Finance Leases [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | One to Three Months [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current finance lease liabilities | 760,090 | 685,232 |
Finance Leases [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | Three Months to Twelve Months [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Current finance lease liabilities | 2,278,842 | 2,052,448 |
Finance Leases [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | One to Two Years [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non current finance lease liabilities | 3,034,977 | 2,728,693 |
Finance Leases [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | Two to Three Years [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non current finance lease liabilities | 3,030,765 | 2,719,123 |
Finance Leases [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | Three to Four Years [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non current finance lease liabilities | 3,026,279 | 2,708,931 |
Finance Leases [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | Four to Five Years [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non current finance lease liabilities | $ 5,044,764 | 2,698,076 |
Finance Leases [Member] | Chile [Member] | Future Undiscounted Debt Flow [Member] | More Than Five Years [Member] | U.S. Dollar [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Non current finance lease liabilities | $ 4,473,883 |
Risk Management Policy - Compar
Risk Management Policy - Comparative Structure of Financial Debt According to Fixed and /or Protected Interest Rate on Gross Debt (Detail) | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Fixed interest rate [member] | ||
Disclosure Of Risk Management Strategy Related To Hedge Accounting [Line Items] | ||
Interest rate risk | 71.00% | 92.00% |
Risk Management Policy - Additi
Risk Management Policy - Additional Information (Detail) $ in Thousands, MMBTU in Millions | 12 Months Ended | |||
Dec. 31, 2018CLP ($)ktMBblsMMBTU | Dec. 31, 2017CLP ($)MMBTU | Dec. 31, 2016CLP ($) | Dec. 31, 2015CLP ($) | |
Disclosure Of Financial Risk Management [Line Items] | ||||
Cash and cash equivalent | $ 245,171,924 | $ 419,456,026 | $ 245,999,192 | $ 144,261,845 |
VaR at confidence level, percentage | 95.00% | |||
Percentage of potential variations in fair value | 5.00% | |||
VaR amount | $ 318,820,121 | |||
Commodity Price Risk [Member] | Swap Hedges [Member] | ||||
Disclosure Of Financial Risk Management [Line Items] | ||||
Quantity of transaction to be settle | MMBTU | 2.3 | |||
Commodity Price Risk [Member] | Swap Hedges [Member] | Coal API2 [Member] | ||||
Disclosure Of Financial Risk Management [Line Items] | ||||
Quantity of transaction to be settle | kt | 432 | |||
Commodity Price Risk [Member] | Swap Hedges [Member] | Brent Oil [Member] | ||||
Disclosure Of Financial Risk Management [Line Items] | ||||
Quantity of transaction to be settle | MBbls | 994 | |||
Commodity Price Risk [Member] | Swap Hedges [Member] | Coal BCI7 [Member] | ||||
Disclosure Of Financial Risk Management [Line Items] | ||||
Quantity of transaction to be settle | kt | 225 | |||
Commodity Price Risk [Member] | Swap Hedges [Member] | Henry Hub Gas [Member] | ||||
Disclosure Of Financial Risk Management [Line Items] | ||||
Quantity of transaction to be settle | MMBTU | 0.2 | |||
Liquidity Risk [Member] | ||||
Disclosure Of Financial Risk Management [Line Items] | ||||
Cash and cash equivalent | $ 245,171,924 | $ 419,456,026 | ||
Liquidity Risk [Member] | Lines of Credit [Member] | ||||
Disclosure Of Financial Risk Management [Line Items] | ||||
Available lines of long-term credit | $ 416,862,000 | $ 199,271,103 |
Financial Instruments - Summary
Financial Instruments - Summary of Financial Assets Classified by Type and Category (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Disclosure Of Financial Assets [Line Items] | ||
Hedging derivatives, current | $ 39,022,012 | $ 20,038,433 |
Trade and other current receivables | 478,170,067 | 406,968,537 |
Derivative instruments | 39,022,012 | 20,038,433 |
Other financial assets | 40,303,173 | 20,627,062 |
Trade accounts receivable and other accounts receivable | 58,480,998 | 34,264,571 |
Hedging derivatives, non-current | 4,191,543 | 30,789,703 |
Derivative instruments | 4,191,543 | 30,789,703 |
Other financial assets | 7,269,669 | 33,418,204 |
Financial assets at fair value through profit or loss, category [member] | ||
Disclosure Of Financial Assets [Line Items] | ||
Equity instruments | 90,839 | |
Derivative instruments | 1,491,497 | 402,716 |
Other financial assets | 9,940,955 | |
Total Current | 1,582,336 | 10,343,671 |
Equity instruments | 33,158 | |
Derivative instruments | 36,086 | |
Total Non-current | 36,086 | 33,158 |
Total | 1,618,422 | 10,376,829 |
Financial assets measured at amortised cost [member] | ||
Disclosure Of Financial Assets [Line Items] | ||
Trade and other current receivables | 529,467,040 | 463,197,062 |
Other financial assets | 880,268 | 185,913 |
Total Current | 530,347,308 | 463,382,975 |
Trade accounts receivable and other accounts receivable | 60,527,843 | 36,182,399 |
Other financial assets | 689,146 | |
Total Non-current | 61,216,989 | 36,182,399 |
Total | 591,564,297 | 499,565,374 |
Financial assets at fair value with changes in other Comprehensive Income [Member] | ||
Disclosure Of Financial Assets [Line Items] | ||
Equity instruments | 269,031 | |
Derivative instruments | 1,423,613 | |
Other financial assets | 5,742,633 | |
Total Current | 1,692,644 | 5,742,633 |
Equity instruments | 2,352,894 | 2,595,343 |
Total Non-current | 2,352,894 | 2,595,343 |
Total | 4,045,538 | 8,337,976 |
Derivatives Designated as Hedges [Member] | ||
Disclosure Of Financial Assets [Line Items] | ||
Derivative instruments | 39,022,012 | 20,038,433 |
Total Current | 39,022,012 | 20,038,433 |
Derivative instruments | 4,191,543 | 30,789,703 |
Total Non-current | 4,191,543 | 30,789,703 |
Total | $ 43,213,555 | $ 50,828,136 |
Financial Instruments - Summa_2
Financial Instruments - Summary of Financial Liabilities Classified by Type and Category (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Disclosure Of Financial Liabilities [Line Items] | ||
Commercial accounts and other accounts payable | $ 554,286,324 | $ 555,978,518 |
Derivative instruments | 81,195,765 | 304,278 |
Other financial liabilities | 410,665,815 | 18,815,448 |
Commercial accounts and other accounts payable | 2,584,180 | 659,824 |
Derivative instruments | 2,629,715 | 21,045,216 |
Other financial liabilities | 1,705,833,503 | 781,978,145 |
Total | 0 | 0 |
Financial Liabilities Held for Trading [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Derivative instruments | 756,005 | 1,255,478 |
Other financial liabilities | 889,026 | |
Total Current | 756,005 | 2,144,504 |
Derivative instruments | 159,630 | |
Total Non-current | 159,630 | |
Total | 915,635 | 2,144,504 |
Loans and Payables [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Interest-bearing loans | 329,262,093 | 17,255,692 |
Commercial accounts and other accounts payable | 702,770,048 | 669,753,051 |
Total Current | 1,032,032,141 | 687,008,743 |
Interest-bearing loans | 1,703,044,158 | 760,932,929 |
Commercial accounts and other accounts payable | 449,777,982 | |
Other financial liabilities | 978,342 | |
Total Non-current | 2,152,822,140 | 761,911,271 |
Total | 3,184,854,281 | 1,448,920,014 |
Financial liabilities at fair value with changes in other result [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Derivative instruments | 7,161,949 | |
Total Current | 7,161,949 | |
Total | 7,161,949 | |
Derivatives Designated as Hedges [Member] | ||
Disclosure Of Financial Liabilities [Line Items] | ||
Derivative instruments | 81,195,765 | 304,278 |
Total Current | 81,195,765 | 304,278 |
Derivative instruments | 2,629,715 | 21,045,216 |
Total Non-current | 2,629,715 | 21,045,216 |
Total | $ 83,825,480 | $ 21,349,494 |
Financial Instruments - Summa_3
Financial Instruments - Summary of Financial Derivative Transactions Qualifying as Hedge Instruments Resulted in Recognition of Assets and Liabilities (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Disclosure of detailed information about hedging instruments [line items] | ||
Assets Current | $ 39,022,012 | $ 20,038,433 |
Assets Non-Current | 4,191,543 | 30,789,703 |
Liabilities Current | 81,195,765 | 304,278 |
Liabilities Non-current | 2,629,715 | 21,045,216 |
Interest rate hedge [Member] | ||
Disclosure of detailed information about hedging instruments [line items] | ||
Assets Current | 852,119 | |
Assets Non-Current | 4,191,543 | |
Interest rate hedge [Member] | Cash flow hedge [Member] | ||
Disclosure of detailed information about hedging instruments [line items] | ||
Assets Current | 852,119 | |
Assets Non-Current | 4,191,543 | |
Exchange rate hedge [Member] | ||
Disclosure of detailed information about hedging instruments [line items] | ||
Assets Current | 38,169,893 | 20,038,433 |
Assets Non-Current | 30,789,703 | |
Liabilities Current | 81,195,765 | 304,278 |
Liabilities Non-current | 2,629,715 | 21,045,216 |
Exchange rate hedge [Member] | Cash flow hedge [Member] | ||
Disclosure of detailed information about hedging instruments [line items] | ||
Assets Current | 38,169,893 | 20,038,433 |
Assets Non-Current | 30,789,703 | |
Liabilities Current | 81,195,765 | 304,278 |
Liabilities Non-current | $ 2,629,715 | $ 21,045,216 |
Financial Instruments - Summa_4
Financial Instruments - Summary of Hedge Derivative Instruments and Their Corresponding Hedged Instruments (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Exchange rate hedge [Member] | ||
Disclosure of detailed information about hedging instruments [line items] | ||
Fair value of hedged item | $ (18,892,400) | $ 7,696,061 |
Exchange rate hedge [Member] | FORWARD | ||
Disclosure of detailed information about hedging instruments [line items] | ||
Fair value of hedged item | (26,763,187) | $ 21,782,581 |
Interest rate hedge [Member] | ||
Disclosure of detailed information about hedging instruments [line items] | ||
Fair value of hedged item | $ 5,043,662 |
Financial Instruments - Additio
Financial Instruments - Additional Information (Detail) - CLP ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
OTHER FINANCIAL LIABILITIES | ||
Gains or losses recognized | $ 0 | $ 0 |
Financial liabilities | $ 0 | $ 0 |
Financial Instruments - Summa_5
Financial Instruments - Summary of Financial Derivative Transactions Recorded at Fair Value Through Profit or Loss Resulted in the Recognition of Assets and Liabilities (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Disclosure of detailed information about hedging instruments [line items] | ||
Assets Current | $ 39,022,012 | $ 20,038,433 |
Liabilities Current | 81,195,765 | 304,278 |
Assets Non-Current | 4,191,543 | 30,789,703 |
Liabilities Non-current | 2,629,715 | 21,045,216 |
Non-hedging derivative instrument [Member] | ||
Disclosure of detailed information about hedging instruments [line items] | ||
Assets Current | 41,023 | 402,716 |
Liabilities Current | 207,957 | $ 1,255,478 |
Assets Non-Current | 36,086 | |
Liabilities Non-current | $ 159,630 |
Financial Instruments - Summa_6
Financial Instruments - Summary of Fair Value of Hedging and Non-hedging Derivatives Entered Into by the Group as Well as the Remaining Contractual Maturities (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Disclosure of detailed information about hedging instruments [line items] | ||
Fair value | $ (40,902,403) | $ 28,625,880 |
Notional Amount | 1,647,716,352 | 851,845,692 |
Derivatives not designated for hedge accounting [Member] | ||
Disclosure of detailed information about hedging instruments [line items] | ||
Fair value | (290,478) | (852,762) |
Notional Amount | 65,896,058 | 19,682,638 |
Less Than One Year [Member] | ||
Disclosure of detailed information about hedging instruments [line items] | ||
Notional Amount | 1,331,559,116 | 326,033,057 |
Less Than One Year [Member] | Derivatives not designated for hedge accounting [Member] | ||
Disclosure of detailed information about hedging instruments [line items] | ||
Notional Amount | 34,525,045 | 19,682,638 |
One to Two Years [Member] | ||
Disclosure of detailed information about hedging instruments [line items] | ||
Notional Amount | 210,028,516 | 525,812,635 |
One to Two Years [Member] | Derivatives not designated for hedge accounting [Member] | ||
Disclosure of detailed information about hedging instruments [line items] | ||
Notional Amount | 29,457,793 | |
Two to Three Years [Member] | ||
Disclosure of detailed information about hedging instruments [line items] | ||
Notional Amount | 106,128,720 | |
Two to Three Years [Member] | Derivatives not designated for hedge accounting [Member] | ||
Disclosure of detailed information about hedging instruments [line items] | ||
Notional Amount | 1,913,220 | |
Exchange rate hedge [Member] | Exchange rate hedge [Member] | ||
Disclosure of detailed information about hedging instruments [line items] | ||
Fair value | (45,655,587) | 29,478,642 |
Notional Amount | 1,303,912,294 | 832,163,054 |
Exchange rate hedge [Member] | Less Than One Year [Member] | Exchange rate hedge [Member] | ||
Disclosure of detailed information about hedging instruments [line items] | ||
Notional Amount | 1,227,557,071 | 306,350,419 |
Exchange rate hedge [Member] | One to Two Years [Member] | Exchange rate hedge [Member] | ||
Disclosure of detailed information about hedging instruments [line items] | ||
Notional Amount | 76,355,223 | 525,812,635 |
Exchange rate hedge [Member] | Cash flow hedge [Member] | ||
Disclosure of detailed information about hedging instruments [line items] | ||
Fair value | (45,655,587) | 29,478,642 |
Notional Amount | 1,303,912,294 | 832,163,054 |
Exchange rate hedge [Member] | Cash flow hedge [Member] | Less Than One Year [Member] | ||
Disclosure of detailed information about hedging instruments [line items] | ||
Notional Amount | 1,227,557,071 | 306,350,419 |
Exchange rate hedge [Member] | Cash flow hedge [Member] | One to Two Years [Member] | ||
Disclosure of detailed information about hedging instruments [line items] | ||
Notional Amount | 76,355,223 | $ 525,812,635 |
Interest rate hedge [Member] | ||
Disclosure of detailed information about hedging instruments [line items] | ||
Fair value | 5,043,662 | |
Notional Amount | 277,908,000 | |
Interest rate hedge [Member] | Less Than One Year [Member] | ||
Disclosure of detailed information about hedging instruments [line items] | ||
Notional Amount | 69,477,000 | |
Interest rate hedge [Member] | One to Two Years [Member] | ||
Disclosure of detailed information about hedging instruments [line items] | ||
Notional Amount | 104,215,500 | |
Interest rate hedge [Member] | Two to Three Years [Member] | ||
Disclosure of detailed information about hedging instruments [line items] | ||
Notional Amount | 104,215,500 | |
Interest rate hedge [Member] | Cash flow hedge [Member] | ||
Disclosure of detailed information about hedging instruments [line items] | ||
Fair value | 5,043,662 | |
Notional Amount | 277,908,000 | |
Interest rate hedge [Member] | Cash flow hedge [Member] | Less Than One Year [Member] | ||
Disclosure of detailed information about hedging instruments [line items] | ||
Notional Amount | 69,477,000 | |
Interest rate hedge [Member] | Cash flow hedge [Member] | One to Two Years [Member] | ||
Disclosure of detailed information about hedging instruments [line items] | ||
Notional Amount | 104,215,500 | |
Interest rate hedge [Member] | Cash flow hedge [Member] | Two to Three Years [Member] | ||
Disclosure of detailed information about hedging instruments [line items] | ||
Notional Amount | $ 104,215,500 |
Financial instruments- Schedule
Financial instruments- Schedule of Financial Assets and Liabilities Measured at Fair Value (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items] | ||
Financial liabilities | $ 0 | $ 0 |
At fair value [member] | ||
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items] | ||
Financial assets | 46,524,621 | 66,947,598 |
Financial liabilities | 91,903,064 | 23,493,998 |
Available For Sale Financial Assets | At fair value [member] | ||
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items] | ||
Financial assets | 359,870 | 33,158 |
Derivatives Designated as Hedges [Member] | Financial Derivatives Asset | At fair value [member] | ||
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items] | ||
Financial assets | 43,213,555 | 50,828,136 |
Derivatives Designated as Hedges [Member] | Commodity Derivatives Assets | At fair value [member] | ||
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items] | ||
Financial assets | 1,423,613 | 5,742,633 |
Derivatives Designated as Hedges [Member] | Financial Derivatives Liability | At fair value [member] | ||
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items] | ||
Financial liabilities | 83,825,480 | 21,349,494 |
Derivatives Designated as Hedges [Member] | Commodity Derivatives Liabilities | At fair value [member] | ||
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items] | ||
Financial liabilities | 7,161,949 | 889,026 |
Derivatives not designated for hedge accounting [Member] | Financial Derivatives Asset | At fair value [member] | ||
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items] | ||
Financial assets | 77,109 | 402,716 |
Derivatives not designated for hedge accounting [Member] | Commodity Derivatives Assets | At fair value [member] | ||
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items] | ||
Financial assets | 1,450,474 | 9,940,955 |
Derivatives not designated for hedge accounting [Member] | Financial Derivatives Liability | At fair value [member] | ||
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items] | ||
Financial liabilities | 367,587 | 1,255,478 |
Derivatives not designated for hedge accounting [Member] | Commodity Derivatives Liabilities | At fair value [member] | ||
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items] | ||
Financial liabilities | 548,048 | |
Level 1 [Member] | At fair value [member] | ||
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items] | ||
Financial assets | 33,158 | |
Level 1 [Member] | Available For Sale Financial Assets | At fair value [member] | ||
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items] | ||
Financial assets | 33,158 | |
Level 2 [Member] | At fair value [member] | ||
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items] | ||
Financial assets | 46,524,621 | 66,914,440 |
Financial liabilities | 91,903,064 | 23,493,998 |
Level 2 [Member] | Available For Sale Financial Assets | At fair value [member] | ||
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items] | ||
Financial assets | 359,870 | |
Level 2 [Member] | Derivatives Designated as Hedges [Member] | Financial Derivatives Asset | At fair value [member] | ||
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items] | ||
Financial assets | 43,213,555 | 50,828,136 |
Level 2 [Member] | Derivatives Designated as Hedges [Member] | Commodity Derivatives Assets | At fair value [member] | ||
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items] | ||
Financial assets | 1,423,613 | 5,742,633 |
Level 2 [Member] | Derivatives Designated as Hedges [Member] | Financial Derivatives Liability | At fair value [member] | ||
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items] | ||
Financial liabilities | 83,825,480 | 21,349,494 |
Level 2 [Member] | Derivatives Designated as Hedges [Member] | Commodity Derivatives Liabilities | At fair value [member] | ||
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items] | ||
Financial liabilities | 7,161,949 | 889,026 |
Level 2 [Member] | Derivatives not designated for hedge accounting [Member] | Financial Derivatives Asset | At fair value [member] | ||
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items] | ||
Financial assets | 77,109 | 402,716 |
Level 2 [Member] | Derivatives not designated for hedge accounting [Member] | Commodity Derivatives Assets | At fair value [member] | ||
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items] | ||
Financial assets | 1,450,474 | 9,940,955 |
Level 2 [Member] | Derivatives not designated for hedge accounting [Member] | Financial Derivatives Liability | At fair value [member] | ||
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items] | ||
Financial liabilities | 367,587 | $ 1,255,478 |
Level 2 [Member] | Derivatives not designated for hedge accounting [Member] | Commodity Derivatives Liabilities | At fair value [member] | ||
Disclosure Of Fair Value Measurement Of Assets And Liabilities [Line Items] | ||
Financial liabilities | $ 548,048 |
Trade and Other Current Payab_3
Trade and Other Current Payables - Summary of Trade and Other Current Payables (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Trade And Other Payables [Line Items] | ||
Trade and other current payables | $ 554,286,324 | $ 555,978,518 |
Trade and other non-current payables | 2,584,180 | 659,824 |
Energy suppliers [Member] | ||
Trade And Other Payables [Line Items] | ||
Trade and other current payables | 155,123,059 | 172,042,187 |
Fuel and gas suppliers [Member] | ||
Trade And Other Payables [Line Items] | ||
Trade and other current payables | 39,787,839 | 13,300,051 |
Payables for goods and services [Member] | ||
Trade And Other Payables [Line Items] | ||
Trade and other current payables | 155,054,466 | 149,301,377 |
Trade and other non-current payables | 6,766 | 4,485 |
Payable For Assets Acquisition [Member] | ||
Trade And Other Payables [Line Items] | ||
Trade and other current payables | 116,157,897 | 92,806,426 |
Trade and other non-current payables | 2,106,099 | |
Subtotal Trade Payables [Member] | ||
Trade And Other Payables [Line Items] | ||
Trade and other current payables | 466,123,261 | 427,450,041 |
Trade and other non-current payables | 2,112,865 | 4,485 |
Dividends payable to third parties [Member] | ||
Trade And Other Payables [Line Items] | ||
Trade and other current payables | 52,059,048 | 95,150,149 |
Warranty deposits [Member] | ||
Trade And Other Payables [Line Items] | ||
Trade and other current payables | 365,857 | 402,107 |
Fines and Complaints [Member] | ||
Trade And Other Payables [Line Items] | ||
Trade and other current payables | 165,102 | |
Taxes payables other than income tax [Member] | ||
Trade And Other Payables [Line Items] | ||
Trade and other current payables | 1,742,603 | 4,894,779 |
Accounts payable to staff [Member] | ||
Trade And Other Payables [Line Items] | ||
Trade and other current payables | 30,686,679 | 27,466,888 |
Other payables [Member] | ||
Trade And Other Payables [Line Items] | ||
Trade and other current payables | 3,143,774 | 614,554 |
Trade and other non-current payables | 471,315 | 655,339 |
Subtotal Other Payables [Member] | ||
Trade And Other Payables [Line Items] | ||
Trade and other current payables | 88,163,063 | 128,528,477 |
Trade and other non-current payables | $ 471,315 | $ 655,339 |
Trade and Other Current Payab_4
Trade and Other Current Payables - Summary of Trade and Other Current Payables Additional Information (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
TRADE AND OTHER CURRENT PAYABLES. | ||
Provision for costs | $ 1,704,768 | $ 2,138,385 |
Provisions - Summary of Breakdo
Provisions - Summary of Breakdown of Provisions (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
PROVISIONS | ||
Provision for legal proceedings, current | $ 3,884,018 | $ 3,497,786 |
Other provisions, current | 1,704,768 | 2,138,385 |
Other current provisions, Total | 5,588,786 | 5,636,171 |
Provision for legal proceedings, non-current | 13,468,858 | 13,936,190 |
Decommissioning or restoration, non-current | 92,402,517 | 64,486,647 |
Other long-term provisions, Total | $ 105,871,375 | $ 78,422,837 |
Provisions - Summary of Changes
Provisions - Summary of Changes in Provisions (Detail) - CLP ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Disclosure Of Other Provisions [Line Items] | ||
Beginning balance | $ 84,059,008 | $ 69,600,440 |
Increase (decrease) in existing provisions | 24,983,613 | 16,840,210 |
Provisions used | (1,651,620) | (2,995,017) |
Reversal of unused provision | (743,927) | (1,728,788) |
Increase from adjustment to time value of money | 3,176,001 | 2,347,087 |
Foreign currency translation | 1,637,086 | (4,924) |
Total changes in provisions | 27,401,153 | 14,458,568 |
Ending balance | 111,460,161 | 84,059,008 |
Legal Proceedings [Member] | ||
Disclosure Of Other Provisions [Line Items] | ||
Beginning balance | 17,433,976 | 10,002,785 |
Increase (decrease) in existing provisions | 1,842,257 | 12,159,920 |
Provisions used | (1,150,386) | (2,995,017) |
Reversal of unused provision | (743,927) | (1,728,788) |
Foreign currency translation | (29,044) | (4,924) |
Total changes in provisions | (81,100) | 7,431,191 |
Ending balance | 17,352,876 | 17,433,976 |
Decommissioning or Restoration [Member] | ||
Disclosure Of Other Provisions [Line Items] | ||
Beginning balance | 64,486,647 | 57,798,702 |
Increase (decrease) in existing provisions | 23,395,295 | 4,340,858 |
Increase from adjustment to time value of money | 3,176,001 | 2,347,087 |
Foreign currency translation | 1,344,574 | |
Total changes in provisions | 27,915,870 | 6,687,945 |
Ending balance | 92,402,517 | 64,486,647 |
Environment and Other Provisions [Member] | ||
Disclosure Of Other Provisions [Line Items] | ||
Beginning balance | 2,138,385 | 1,798,953 |
Increase (decrease) in existing provisions | (253,939) | 339,432 |
Provisions used | (501,234) | |
Foreign currency translation | 321,556 | |
Total changes in provisions | (433,617) | 339,432 |
Ending balance | $ 1,704,768 | $ 2,138,385 |
Employee Benefit Obligations -
Employee Benefit Obligations - Summary of Post Employment Obligations Associated with Defined Benefits Plan (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 |
EMPLOYEE BENEFIT OBLIGATIONS | |||
Post-employment obligations | $ 56,602,664 | $ 57,081,924 | $ 59,934,127 |
Total | 56,602,664 | 57,081,924 | 59,934,127 |
Total post-employment obligations, net | $ 56,602,664 | $ 57,081,924 | $ 59,934,127 |
Employee Benefit Obligations _2
Employee Benefit Obligations - Summary of Defined Benefit Plans Expense Recognized in Statements of Comprehensive Income (Detail) - CLP ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | |
Disclosure Of Net Defined Benefit Recognized In Consolidated Statement Of Comprehensive Income [Abstract] | |||
Current service cost for defined benefits plan | $ 1,920,262 | $ 2,091,205 | $ 1,899,660 |
Interest cost for defined benefits plan | 2,750,376 | 2,678,300 | 2,517,406 |
Past service cost | (39,060) | ||
Expenses recognized in the Statement of Income | 4,631,578 | 4,769,505 | 4,417,066 |
Gains (losses) from remeasurement of defined benefit plans | (37,881) | (1,716,875) | 6,618,514 |
Total expense recognized in the Statement of Comprehensive Income | $ 4,593,697 | $ 3,052,630 | $ 11,035,580 |
Employee Benefit Obligations _3
Employee Benefit Obligations - Summary of Changes in Post-employment Defined Benefit Obligations (Detail) - CLP ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | |
Disclosure Of Net Defined Benefit Liability Asset [Abstract] | |||
Beginning balance | $ 57,081,924 | $ 59,934,127 | $ 55,023,456 |
Current service cost | 1,920,262 | 2,091,205 | 1,899,660 |
Net Interest cost | 2,750,376 | 2,678,300 | 2,517,406 |
Actuarial (gains) losses from changes in financial assumptions | 789,809 | (1,414,201) | 1,073,475 |
Actuarial (gains) losses from changes in experience adjustments | (827,690) | (302,674) | 5,545,039 |
Foreign currency translation | 124,929 | ||
Benefits paid | (5,469,357) | (5,917,552) | (7,771,781) |
Past service cost of Defined Benefit Plan Obligations | (39,060) | ||
Defined benefit plan obligations from business combinations | 602,816 | ||
Transfers of employees | (331,345) | 12,719 | 1,337,621 |
Other | 309,251 | ||
Ending balance | $ 56,602,664 | $ 57,081,924 | $ 59,934,127 |
Employee Benefit Obligations _4
Employee Benefit Obligations - Summary of Assumptions Used in Actuarial Calculation of Defined Benefits (Detail) | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 |
Disclosure Of Sensitivity Analysis For Actuarial Assumptions [Abstract] | |||
Discount rates used | 4.70% | 5.00% | 4.70% |
Expected rate of salary increases | 3.80% | 4.00% | 4.00% |
Turnover rate | 4.40% | 4.57% | 4.72% |
Employee Benefit Obligations _5
Employee Benefit Obligations - Additional Information (Detail) - CLP ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Disclosure Of Defined Benefit Plans [Line Items] | ||
Post-employment benefits to variations | 100.00% | |
Discount rate assumes a increase | $ 4,773,734 | $ 4,773,942 |
Discount rate assumes a decrease | 4,296,927 | $ 4,269,704 |
Defined benefit plans will increase | $ 5,801,478 | |
Weighted average term | 8 years 4 months 10 days | |
Term of commitments | 10 years | |
Bottom of Range [Member] | ||
Disclosure Of Defined Benefit Plans [Line Items] | ||
Requisite vesting service period (in years) | 5 years | |
Top of Range | ||
Disclosure Of Defined Benefit Plans [Line Items] | ||
Requisite vesting service period (in years) | 15 years |
Employee Benefit Obligations _6
Employee Benefit Obligations - Summary of Expected Flow for Benefits for Next Five Years (Detail) $ in Thousands | 12 Months Ended |
Dec. 31, 2018CLP ($) | |
Less Than One Year [Member] | |
Disclosure Of Defined Benefit Plans [Line Items] | |
Estimate of contributions expected to be paid to plan | $ 5,801,478 |
One to Two Years [Member] | |
Disclosure Of Defined Benefit Plans [Line Items] | |
Estimate of contributions expected to be paid to plan | 4,270,340 |
Two to Three Years [Member] | |
Disclosure Of Defined Benefit Plans [Line Items] | |
Estimate of contributions expected to be paid to plan | 4,984,423 |
Three to Four Years [Member] | |
Disclosure Of Defined Benefit Plans [Line Items] | |
Estimate of contributions expected to be paid to plan | 4,777,882 |
Four to Five Years [Member] | |
Disclosure Of Defined Benefit Plans [Line Items] | |
Estimate of contributions expected to be paid to plan | 4,099,105 |
More Than Five Years [Member] | |
Disclosure Of Defined Benefit Plans [Line Items] | |
Estimate of contributions expected to be paid to plan | $ 23,557,891 |
Equity - Additional Information
Equity - Additional Information (Detail) - CLP ($) | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 20, 2017 | |
Disclosure Of Shareholders Equity [Line Items] | |||
Issued capital | $ 3,954,491,479,000 | $ 2,229,108,975,000 | $ 1,891,727,278,668,000 |
Treasury shares | 72,388,009,000 | ||
Issuance of new shares | 665,829,207,000 | ||
Valuation of capital increase due to the merger | 1,071,727,279 | ||
Payment by minority shareholders | 3,924,530 | ||
Share repurchase | 72,388,009,000 | ||
Enel Generacin Chile S.A. [Member] | |||
Disclosure Of Shareholders Equity [Line Items] | |||
Restricted net asset value | 712,519,037,000 | 456,844,078,000 | |
Enel Chile [Member] | |||
Disclosure Of Shareholders Equity [Line Items] | |||
Issued capital | $ 3,954,491,479 | $ 2,229,108,975 | |
Number of shares outstanding | 70,134,077,818 | 49,092,772,762 | |
Treasury shares | $ 72,388,009,000 | ||
Treasury shares held | 967,520,598 |
Equity - Changes in Capital Iss
Equity - Changes in Capital Issued as result of Corporate Reorganization (Detail) - CLP ($) | 12 Months Ended | |||
Dec. 31, 2018 | Apr. 02, 2018 | Dec. 31, 2017 | Dec. 20, 2017 | |
Tender Offer | ||||
Number of subscribed share | 7,923,600,070 | |||
Amount paid by shareholder for subscribed shares | $ 649,730,695,412 | |||
Number of shares exercised under preemptive subscription rights | 47,860,124 | |||
Share exercised price under preemptive subscription rights | $ 82 | |||
Capital increased after pre-emptive subscription rights exercised | $ 3,924,530,168 | |||
Issued capital | $ 3,954,491,479,000 | $ 2,229,108,975,000 | $ 1,891,727,278,668,000 | |
Share exchange ratio | 2.88 | |||
Issuance of new shares | $ 665,829,207,000 | |||
Total repurchase of shares | $ (72,388,009,000) | |||
Enel Generacin Chile S.A. [Member] | ||||
Tender Offer | ||||
Number of shares held by the company | 2,753,096,167 | |||
Percentage of sale price on purchase price | 40.00% | |||
Purchase price per share | $ 590 | |||
Number of shares sold for each share in offer | 2.87807 | |||
Amount of cash received by foreign shareholders | $ 100,748,329,200 | |||
Amount of cash received by domestic shareholders | 1,523,578,409,330 | |||
Amount of cash received by shareholders | 1,624,326,738,530 | |||
Restricted net asset value | $ 712,519,037,000 | $ 456,844,078,000 | ||
Enel Green Power Latin America S.A. [Member] | ||||
Tender Offer | ||||
Increase in capital stock after merger | $ 1,071,727,278,668 | |||
Prior to Merger [Member] | ||||
Tender Offer | ||||
Number of shares issued | 70,134,077,818 | |||
Total repurchase of shares | $ (967,520,598) | |||
Prior to Reorganization [Member] | ||||
Tender Offer | ||||
Number of shares outstanding | 49,092,772,762 | |||
Purchased shares - national market | 2,582,336,287 | |||
Purchased shares - ADS | 170,759,880 | |||
Total public offer shares | 2,753,096,167 | |||
Rights exercised for withdrawal by minority shareholders of Enel Chile | (967,520,598) | |||
Issuance of new shares | $ 649,730,695,000 | |||
Total repurchase of shares | $ (967,520,598) | |||
Prior to Reorganization [Member] | Enel Green Power Latin America S.A. [Member] | ||||
Tender Offer | ||||
Number of shares issued | 827,205,371 | |||
After Reorganization [Member] | ||||
Tender Offer | ||||
Purchased shares - national market | 7,432,144,598 | |||
Purchased shares - ADS | 491,455,473 | |||
Total public offer shares | 7,923,600,071 | |||
Rights exercised for withdrawal by minority shareholders of Enel Chile | (967,520,598) | |||
Total repurchase of shares | $ (967,520,598) | |||
After Reorganization [Member] | Enel Green Power Latin America S.A. [Member] | ||||
Tender Offer | ||||
Number of shares issued | 13,069,844,861 | |||
After Merger [Member] | ||||
Tender Offer | ||||
Number of shares issued | 69,166,557,220 | |||
Enel SpA [Member] | Enel Green Power Latin America S.A. [Member] | ||||
Tender Offer | ||||
Share exchange ratio | 15.8 | |||
Enel SpA [Member] | Prior to Reorganization [Member] | Enel Green Power Latin America S.A. [Member] | ||||
Tender Offer | ||||
Number of shares issued | 827,205,371 | |||
Enel SpA [Member] | After Reorganization [Member] | Enel Green Power Latin America S.A. [Member] | ||||
Tender Offer | ||||
Number of shares issued | 13,069,844,861 | |||
Preference shares [member] | Prior to Reorganization [Member] | ||||
Tender Offer | ||||
Shares Paid for by Shareholders | 47,860,124 | |||
Total Preferential Right Shares | 47,860,124 | |||
Preference shares [member] | After Reorganization [Member] | ||||
Tender Offer | ||||
Shares Paid for by Shareholders | 47,860,124 | |||
Total Preferential Right Shares | 47,860,124 | |||
Ordinary shares [member] | Enel Generacin Chile S.A. [Member] | ||||
Tender Offer | ||||
Number shares Sale order acceptance received | 2,582,336,287 | |||
Number equivalent shares sale order acceptance received | 170,759,880 | |||
American Depositary Shares [Member] | Enel Generacin Chile S.A. [Member] | ||||
Tender Offer | ||||
Number shares Sale order acceptance received | 5,691,996 |
Equity - Summary of Dividends P
Equity - Summary of Dividends Paid (Detail) - $ / shares | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 |
Final Dividends [Member] | ||||
Disclosure Of Dividends [Line Items] | ||||
Pesos per Share | $ 2.24134 | $ 2.47546 | $ 2.09338 | |
Interim Dividends [Member] | ||||
Disclosure Of Dividends [Line Items] | ||||
Pesos per Share | $ 0.45236 | $ 0.75642 | $ 0.75884 |
Equity - Summary of Foreign Cur
Equity - Summary of Foreign Currency Translation Adjustments (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 |
Disclosure Of Foreign Currency Translation Reserves [Line Items] | ||||
TOTAL | $ 3,674,163,781 | $ 3,786,961,657 | $ 3,462,993,642 | $ 3,201,900,783 |
Reserve for Exchange Differences in Translation [Member] | ||||
Disclosure Of Foreign Currency Translation Reserves [Line Items] | ||||
TOTAL | 101,654,836 | 6,976,383 | $ 9,222,933 | $ 12,423,692 |
Reserve for Exchange Differences in Translation [Member] | GasAtacama Chile S.A. [Member] | ||||
Disclosure Of Foreign Currency Translation Reserves [Line Items] | ||||
TOTAL | 302,222 | 6,416,189 | ||
Reserve for Exchange Differences in Translation [Member] | GNL Chile S.A. [Member] | ||||
Disclosure Of Foreign Currency Translation Reserves [Line Items] | ||||
TOTAL | 900,483 | $ 560,194 | ||
Reserve for Exchange Differences in Translation [Member] | Enel Green Power Chile Group [Member] | ||||
Disclosure Of Foreign Currency Translation Reserves [Line Items] | ||||
TOTAL | $ 100,452,131 |
Equity - Summary of Other Reser
Equity - Summary of Other Reserves Within Equity (Detail) - CLP ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Disclosure Of Other Reserves [Line Items] | ||
Other reserves, Beginning balance | $ (997,330,548) | $ (1,035,092,978) |
Other reserves, Changes | (1,378,342,016) | 37,762,430 |
Other reserves, Ending balance | (2,375,672,564) | (997,330,548) |
Reserve for Exchange Differences in Translation [Member] | ||
Disclosure Of Other Reserves [Line Items] | ||
Other reserves, Beginning balance | 6,976,383 | 9,222,933 |
Other reserves, Changes | 94,678,453 | (2,246,550) |
Other reserves, Ending balance | 101,654,836 | 6,976,383 |
Reserve for Cash Flow Hedges [Member] | ||
Disclosure Of Other Reserves [Line Items] | ||
Other reserves, Beginning balance | (32,849,736) | (76,218,470) |
Other reserves, Changes | (159,020,809) | 43,368,734 |
Other reserves, Ending balance | (191,870,545) | (32,849,736) |
Available-for-sale Financial Assets [Member] | ||
Disclosure Of Other Reserves [Line Items] | ||
Other reserves, Beginning balance | 11,284 | 9,955 |
Other reserves, Changes | (243) | 1,329 |
Other reserves, Ending balance | 11,041 | 11,284 |
Other Comprehensive Income from Non-current Assets Held for Sale [Member] | ||
Disclosure Of Other Reserves [Line Items] | ||
Other reserves, Beginning balance | 1,632,724 | |
Other reserves, Changes | (1,632,724) | |
Other Miscellaneous Reserves [Member] | ||
Disclosure Of Other Reserves [Line Items] | ||
Other reserves, Beginning balance | (971,468,479) | (969,740,120) |
Other reserves, Changes | (1,313,999,417) | (1,728,359) |
Other reserves, Ending balance | $ (2,285,467,896) | $ (971,468,479) |
Equity - Summary of Other Misce
Equity - Summary of Other Miscellaneous Reserves Within Equity (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 |
Disclosure Of Other Reserves [Line Items] | |||
Other miscellaneous reserves | $ (2,285,467,896) | $ (971,468,479) | $ (969,740,120) |
Reserve for Corporate Reorganization [Member] | |||
Disclosure Of Other Reserves [Line Items] | |||
Other miscellaneous reserves | (534,057,733) | (534,057,733) | (532,330,290) |
Reserve for Transition to IFRS [Member] | |||
Disclosure Of Other Reserves [Line Items] | |||
Other miscellaneous reserves | (457,221,836) | (457,221,836) | (457,221,836) |
Reserve for Subsidiaries Transactions [Member] | |||
Disclosure Of Other Reserves [Line Items] | |||
Other miscellaneous reserves | 12,502,494 | 12,502,494 | 12,502,494 |
Reserves for Tender Offer of Reorganization of Renewable Assets [Member] | Enel Generacin Chile S.A. [Member] | |||
Disclosure Of Other Reserves [Line Items] | |||
Other miscellaneous reserves | (910,437,224) | ||
Reserves for Reorganization of Renewable Assets [Member] | |||
Disclosure Of Other Reserves [Line Items] | |||
Other miscellaneous reserves | (407,354,462) | ||
Other Miscellaneous Reserves [Member] | |||
Disclosure Of Other Reserves [Line Items] | |||
Other miscellaneous reserves | $ 11,100,865 | $ 7,308,596 | $ 7,309,512 |
Equity - Summary of Other Mis_2
Equity - Summary of Other Miscellaneous Reserves Within Equity - Additional Information (Detail) $ in Thousands, S/ in Millions | 1 Months Ended | ||||
Apr. 30, 2016PEN (S/) | Apr. 30, 2016CLP ($) | Mar. 31, 2016PEN (S/) | Mar. 31, 2016CLP ($) | Dec. 31, 2018CLP ($) | |
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives [Line Items] | |||||
Effect of equity due to spin off | $ 90,274,727 | ||||
Enel Chile [Member] | |||||
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives [Line Items] | |||||
Tax payment made on spin-off | S/ 577 | $ 100,978,571 | |||
Enel Distribucion Chile S.A. [Member] | |||||
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives [Line Items] | |||||
Tax payment made on spin-off | S/ 74 | $ 15,193,186 |
Equity - Summary of Non-control
Equity - Summary of Non-controlling Interests (Detail) - CLP ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | |
Disclosure Of Non Controlling Interest In Consolidated Subsidiaries [Line Items] | |||
Non-controlling Interests, Equity | $ 252,935,262 | $ 803,577,647 | $ 699,602,354 |
Non-controlling Interests, Profit (Loss) | $ 51,137,820 | 174,035,269 | 181,111,251 |
Enel Distribucion Chile S.A. [Member] | |||
Disclosure Of Non Controlling Interest In Consolidated Subsidiaries [Line Items] | |||
Percentage of non-controlling interests | 0.91% | ||
Non-controlling Interests, Equity | $ 6,965,769 | 6,223,363 | 6,441,611 |
Non-controlling Interests, Profit (Loss) | $ 1,112,709 | 961,490 | 1,210,871 |
Enel Generacin Chile S.A. [Member] | |||
Disclosure Of Non Controlling Interest In Consolidated Subsidiaries [Line Items] | |||
Percentage of non-controlling interests | 6.45% | ||
Non-controlling Interests, Equity | $ 127,136,175 | 784,999,394 | 680,725,188 |
Non-controlling Interests, Profit (Loss) | $ 42,883,953 | 167,465,216 | 173,299,349 |
Empresa Electrica Pehuenche S.A. [Member] | |||
Disclosure Of Non Controlling Interest In Consolidated Subsidiaries [Line Items] | |||
Percentage of non-controlling interests | 7.35% | ||
Non-controlling Interests, Equity | $ 10,310,215 | 9,963,472 | 10,008,502 |
Non-controlling Interests, Profit (Loss) | $ 6,885,422 | 5,649,253 | 6,512,893 |
Sociedad Agricola de Cameros Ltda. [Member] | |||
Disclosure Of Non Controlling Interest In Consolidated Subsidiaries [Line Items] | |||
Percentage of non-controlling interests | 42.50% | ||
Non-controlling Interests, Equity | $ 2,342,160 | 2,596,764 | 2,636,470 |
Non-controlling Interests, Profit (Loss) | $ (254,604) | (39,706) | (38,707) |
Geotermica del Norte SA [Member] | |||
Disclosure Of Non Controlling Interest In Consolidated Subsidiaries [Line Items] | |||
Percentage of non-controlling interests | 15.41% | ||
Non-controlling Interests, Equity | $ 53,693,407 | ||
Non-controlling Interests, Profit (Loss) | $ (187,989) | ||
Empresa Nacional de Geotermia SA [Member] | |||
Disclosure Of Non Controlling Interest In Consolidated Subsidiaries [Line Items] | |||
Percentage of non-controlling interests | 49.00% | ||
Non-controlling Interests, Equity | $ 993,295 | ||
Non-controlling Interests, Profit (Loss) | $ 41,780 | ||
Parque Eolico Talinay Oriente SA [Member] | |||
Disclosure Of Non Controlling Interest In Consolidated Subsidiaries [Line Items] | |||
Percentage of non-controlling interests | 38.63% | ||
Non-controlling Interests, Equity | $ 51,702,606 | ||
Non-controlling Interests, Profit (Loss) | 662,374 | ||
Others [Member] | |||
Disclosure Of Non Controlling Interest In Consolidated Subsidiaries [Line Items] | |||
Non-controlling Interests, Equity | (208,365) | (205,346) | (209,417) |
Non-controlling Interests, Profit (Loss) | $ (5,825) | $ (984) | $ 126,845 |
Revenue and Other Operating I_3
Revenue and Other Operating Income - Summary of Revenues and Other Operating Income (Detail) - CLP ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | |
Disclosure Of Revenue And Other Operating Income [Line Items] | |||
Total Revenues | $ 2,410,360,459 | $ 2,484,101,582 | $ 2,515,843,880 |
Commodity derivatives | 9,819,777 | 20,328,649 | 10,794,682 |
Other income | 36,981,190 | 18,548,051 | 14,928,257 |
Total other income | 46,800,967 | 38,876,700 | 25,722,939 |
Sales of Products and Services [Member] | |||
Disclosure Of Revenue And Other Operating Income [Line Items] | |||
Revenue from rendering of services | 19,627,825 | 15,710,090 | 9,163,742 |
Energy Sales [Member] | |||
Disclosure Of Revenue And Other Operating Income [Line Items] | |||
Revenue from sale of electricity | 2,202,078,088 | 2,262,090,558 | 2,312,643,619 |
Generation [Member] | |||
Disclosure Of Revenue And Other Operating Income [Line Items] | |||
Revenue from sale of electricity | 1,034,975,160 | 1,082,749,256 | 1,141,725,803 |
Generation [Member] | Regulated Customers [Member] | |||
Disclosure Of Revenue And Other Operating Income [Line Items] | |||
Revenue from sale of electricity | 643,494,066 | 726,166,640 | 805,079,958 |
Generation [Member] | Non-regulated Customers [Member] | |||
Disclosure Of Revenue And Other Operating Income [Line Items] | |||
Revenue from sale of electricity | 357,725,928 | 285,623,737 | 234,641,908 |
Generation [Member] | Spot Market Sales [Member] | |||
Disclosure Of Revenue And Other Operating Income [Line Items] | |||
Revenue from sale of electricity | 33,755,166 | 70,958,879 | 102,003,937 |
Distributions [Member] | |||
Disclosure Of Revenue And Other Operating Income [Line Items] | |||
Revenue from sale of electricity | 1,167,102,928 | 1,179,341,302 | 1,170,917,816 |
Distributions [Member] | Others [Member] | |||
Disclosure Of Revenue And Other Operating Income [Line Items] | |||
Revenue from sale of electricity | 123,916,550 | 131,227,735 | 130,390,337 |
Distributions [Member] | Residential [Member] | |||
Disclosure Of Revenue And Other Operating Income [Line Items] | |||
Revenue from sale of electricity | 455,840,910 | 435,769,231 | 431,610,828 |
Distributions [Member] | Business [Member] | |||
Disclosure Of Revenue And Other Operating Income [Line Items] | |||
Revenue from sale of electricity | 378,092,990 | 386,608,105 | 379,037,776 |
Distributions [Member] | Industrial [Member] | |||
Disclosure Of Revenue And Other Operating Income [Line Items] | |||
Revenue from sale of electricity | 209,252,478 | 225,736,231 | 229,878,875 |
Other Sales [Member] | |||
Disclosure Of Revenue And Other Operating Income [Line Items] | |||
Revenue from sale of electricity | 123,345,383 | 107,362,797 | 73,607,457 |
Natural Gas Sales [Member] | |||
Disclosure Of Revenue And Other Operating Income [Line Items] | |||
Revenue from sale of goods | 103,717,558 | 91,652,707 | 64,443,715 |
Revenue from Other Services [Member] | |||
Disclosure Of Revenue And Other Operating Income [Line Items] | |||
Revenue from rendering of services | 84,936,988 | 114,648,227 | 129,592,804 |
Revenue from Other Services [Member] | Tolls and Transmission [Member] | |||
Disclosure Of Revenue And Other Operating Income [Line Items] | |||
Revenue from rendering of services | 20,311,403 | 39,812,005 | 51,014,073 |
Revenue from Other Services [Member] | Metering Equipment Leases [Member] | |||
Disclosure Of Revenue And Other Operating Income [Line Items] | |||
Revenue from rendering of services | 5,024,944 | 4,945,609 | 4,555,779 |
Revenue from Other Services [Member] | Public Lighting [Member] | |||
Disclosure Of Revenue And Other Operating Income [Line Items] | |||
Revenue from rendering of services | 12,181,969 | 13,449,852 | 12,660,894 |
Revenue from Other Services [Member] | Engineering and Consulting Services [Member] | |||
Disclosure Of Revenue And Other Operating Income [Line Items] | |||
Revenue from rendering of services | 10,027,472 | 3,414,472 | 14,304,336 |
Revenue from Other Services [Member] | Services for construction of junctions [Member] | |||
Disclosure Of Revenue And Other Operating Income [Line Items] | |||
Revenue from rendering of services | 14,711,796 | 15,514,433 | 14,359,194 |
Revenue from Other Services [Member] | Works in specific facilities and networks [Member] | |||
Disclosure Of Revenue And Other Operating Income [Line Items] | |||
Revenue from rendering of services | 8,425,251 | 13,932,537 | 21,397,176 |
Revenue from Other Services [Member] | Other Services [Member] | |||
Disclosure Of Revenue And Other Operating Income [Line Items] | |||
Revenue from rendering of services | $ 14,254,153 | $ 23,579,319 | $ 11,301,352 |
Revenue and Other Operating I_4
Revenue and Other Operating Income - Summary of Revenues and Other Operating Income - Additional Information (Detail) - CLP ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Disclosure Of Revenue And Other Operating Income [Line Items] | ||
Revenues from Central Tarapac indemnization | $ 21,987,899 | $ 0 |
Revenue recovered from customers with unrecorded consumption | 2,847,740 | 1,968,203 |
Revenues from late payment of invoice amount | 675,202 | 1,299,470 |
Revenues from other operating income services | 11,470,349 | 15,280,378 |
Others [Member] | ||
Disclosure Of Revenue And Other Operating Income [Line Items] | ||
Revenues from energy sales | 60,617,979 | 69,170,597 |
Municipalities [Member] | ||
Disclosure Of Revenue And Other Operating Income [Line Items] | ||
Revenues from energy sales | 36,878,861 | 36,165,698 |
Government Entities [Member] | ||
Disclosure Of Revenue And Other Operating Income [Line Items] | ||
Revenues from energy sales | 20,246,633 | 20,080,121 |
Agricultural Sector Entities [Member] | ||
Disclosure Of Revenue And Other Operating Income [Line Items] | ||
Revenues from energy sales | $ 6,173,077 | $ 5,811,319 |
Raw Materials and Consumables_3
Raw Materials and Consumables Used - Schedule of Raw Materials and Consumables Used (Detail) - CLP ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | |
RAW MATERIALS AND CONSUMABLES USED. | |||
Energy purchases | $ (747,646,603) | $ (902,434,871) | $ (891,746,884) |
Fuel consumption | (231,028,169) | (280,739,362) | (295,148,838) |
Transportation costs | (166,875,801) | (155,879,249) | (195,123,118) |
Other raw materials and consumables | (146,626,543) | (175,733,439) | (115,400,740) |
Total | $ (1,292,177,116) | $ (1,514,786,921) | $ (1,497,419,580) |
Employee Benefits Expense - Sum
Employee Benefits Expense - Summary of Employee Expenses (Detail) - CLP ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | |
EMPLOYEE BENEFITS EXPENSE. | |||
Wages and salaries | $ (102,897,710) | $ (100,653,880) | $ (100,938,761) |
Post-employment benefit obligations expense | (1,881,202) | (2,091,205) | (1,899,660) |
Social security and other contributions | (13,405,944) | (13,150,402) | (21,260,007) |
Other employee expenses | (4,945,478) | (5,608,290) | |
Total | $ (123,130,334) | $ (121,503,777) | $ (124,098,428) |
Depreciation, Amortization an_3
Depreciation, Amortization and Impairment Losses - Summary of Depreciation, Amortization and Impairment Losses (Detail) - CLP ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | |
DEPRECIATION, AMORTIZATION AND IMPAIRMENT LOSSES. | |||
Depreciation | $ (202,971,892) | $ (145,873,065) | $ (155,826,620) |
Amortization | (12,215,408) | (6,811,041) | (5,833,990) |
Subtotal | (215,187,300) | (152,684,106) | (161,660,610) |
Impairment (Losses) Reversals | (5,562,897) | (7,937,817) | (35,926,710) |
Total | $ (220,750,197) | $ (160,621,923) | $ (197,587,320) |
Depreciation, Amortization an_4
Depreciation, Amortization and Impairment Losses - Summary of Depreciation, Amortization and Impairment losses - Additional Information (Detail) - CLP ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2014 | |
Disclosure Of Depreciation Amortization And Impairment Losses [Line Items] | ||||
Impairment losses of financial assets (See Note 11.d) | $ (4,777,708) | $ (7,937,817) | $ (5,141,179) | |
Investment property (See Note 1.p and 19) | (779,825) | |||
Impairment losses of other assets | (5,364) | (30,785,531) | $ (12,581,947) | |
Total | (5,562,897) | (7,937,817) | (35,926,710) | |
Generation [Member] | ||||
Disclosure Of Depreciation Amortization And Impairment Losses [Line Items] | ||||
Impairment losses of financial assets (See Note 11.d) | (100,900) | 55,494 | ||
Impairment losses of other assets | (5,364) | (30,785,531) | ||
Total | (106,264) | 55,494 | (30,785,531) | |
Distribution [Member] | ||||
Disclosure Of Depreciation Amortization And Impairment Losses [Line Items] | ||||
Impairment losses of financial assets (See Note 11.d) | (4,676,808) | (7,993,311) | (5,141,179) | |
Total | (4,676,808) | $ (7,993,311) | $ (5,141,179) | |
Other [Member] | ||||
Disclosure Of Depreciation Amortization And Impairment Losses [Line Items] | ||||
Investment property (See Note 1.p and 19) | (779,825) | |||
Total | $ (779,825) |
Other Expenses - Summary of Oth
Other Expenses - Summary of Other Miscellaneous Operating Expenses (Detail) - CLP ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | |
OTHER EXPENSES | |||
Other supplies and services | $ (22,910,010) | $ (17,064,008) | $ (23,962,717) |
Professional, outsourced and other services | (43,762,468) | (58,622,123) | (55,571,694) |
Repairs and maintenance | (49,671,615) | (13,999,283) | (11,030,522) |
Indemnities and fines | (455,825) | (776,011) | (3,046,557) |
Taxes and charges | (4,415,819) | (5,105,235) | (4,972,995) |
Insurance premiums | (15,794,761) | (13,277,718) | (17,148,278) |
Leases and rental costs | (4,494,358) | (2,969,436) | (3,250,503) |
Marketing, public relations and advertising | (2,440,070) | (2,501,027) | (3,736,414) |
Written-off Huechn and Chilln projects | (36,480,223) | ||
Written-off projects in progress | (25,105,911) | ||
Other supplies | (10,774,808) | (11,188,148) | (6,132,681) |
Travel expenses | (2,825,604) | (3,445,944) | (3,190,662) |
Environmental expenses | (9,664,683) | (7,769,230) | (2,245,891) |
Total | $ (167,210,021) | $ (161,824,074) | $ (170,769,137) |
Other Gains (Losses) - Summary
Other Gains (Losses) - Summary of Other gains (losses) (Detail) - CLP ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | |
OTHER GAINS (LOSSES) | |||
Gain on sale of GNL Quintero S.A. | $ 121,325,018 | ||
Gain on sale of Electrogas | $ 105,311,912 | ||
Gain on sale of assets | $ 3,024,549 | 7,779,531 | |
Other | 385,830 | 149,753 | 165,044 |
Other gains (losses) | $ 3,410,379 | $ 113,241,196 | $ 121,490,062 |
Financial Results - Summary of
Financial Results - Summary of Financial Income and Costs (Detail) - CLP ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | |
Disclosure Of Financial Results [Line Items] | |||
Income from deposits and other financial instruments | $ 9,612,575 | $ 8,377,023 | $ 5,733,428 |
Interests charged to customers in energy accounts and billing | 7,140,984 | 8,556,587 | |
Other financial income | 3,180,909 | 4,729,078 | 17,372,473 |
Total Financial Income | 19,934,468 | 21,662,688 | 23,105,901 |
Financial Costs | (122,184,189) | (53,510,882) | (58,199,382) |
Bank loans | (20,701,774) | (12,585) | (2,034,277) |
Secured and unsecured obligations | (62,255,300) | (42,708,253) | (44,268,489) |
Financial leasing | (739,069) | (811,172) | (780,953) |
Valuation of financial derivatives | 1,183,228 | (1,067,820) | (824,922) |
Financial provisions | (3,176,001) | (2,347,087) | (2,551,211) |
Post-employment benefit obligations | (2,750,376) | (2,678,300) | (2,517,406) |
Debt formalization expenses and other associated expenses | (9,373,412) | (836,174) | |
Capitalized borrowing costs | 6,435,646 | 4,078,463 | 3,001,211 |
Other financial costs | (30,807,131) | (7,127,954) | (8,223,335) |
Profit (losses) from Indexed Assets and Liabilities | (818,146) | 916,666 | 1,631,840 |
Foreign Currency Exchange Differences | (7,807,197) | 8,516,874 | 12,978,471 |
Total Financial Costs | (130,809,532) | (44,077,342) | (43,589,071) |
Total Financial Results | (110,875,064) | (22,414,654) | $ (20,483,170) |
Enel Finance International NV [Member] | |||
Disclosure Of Financial Results [Line Items] | |||
Interest cost | $ 23,253,535 | $ 0 |
Financial Results - Summary o_2
Financial Results - Summary of Effects on Exchange Differences and Application of Indexed Assets and Liabilities (Detail) - CLP ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | |
Disclosure Of Financial Results [Line Items] | |||
Profit (losses) from Indexed Assets and Liabilities | $ (818,146) | $ 916,666 | $ 1,631,840 |
Foreign Currency Exchange Differences | (7,807,197) | 8,516,874 | 12,978,471 |
Other financial assets [Member] | |||
Disclosure Of Financial Results [Line Items] | |||
Profit (losses) from Indexed Assets and Liabilities | 7,676,500 | 4,659,933 | 7,237,000 |
Foreign Currency Exchange Differences | 5,733,173 | 10,895,862 | 25,476,638 |
Trade and other receivables [Member] | |||
Disclosure Of Financial Results [Line Items] | |||
Profit (losses) from Indexed Assets and Liabilities | 1,197,498 | 155,158 | 1,077,086 |
Foreign Currency Exchange Differences | 191,946 | 390,764 | 2,595,997 |
Current tax assets and liabilities [Member] | |||
Disclosure Of Financial Results [Line Items] | |||
Profit (losses) from Indexed Assets and Liabilities | 3,469,752 | 1,654,538 | 2,349,415 |
Foreign Currency Exchange Differences | (1,903,963) | (188,270) | |
Other financial liabilities (financial debt and derivative instruments) [Member] | |||
Disclosure Of Financial Results [Line Items] | |||
Profit (losses) from Indexed Assets and Liabilities | (9,390,716) | (5,551,163) | (9,014,858) |
Foreign Currency Exchange Differences | (5,726,246) | (4,358,937) | (18,538,354) |
Trade and other payables [Member] | |||
Disclosure Of Financial Results [Line Items] | |||
Profit (losses) from Indexed Assets and Liabilities | 15,145 | (1,800) | (16,803) |
Foreign Currency Exchange Differences | (5,379,210) | (1,152,505) | 3,203,739 |
Result for hyperinflation [Member] | |||
Disclosure Of Financial Results [Line Items] | |||
Profit (losses) from Indexed Assets and Liabilities | (3,786,325) | ||
Cash and cash equivalents [Member] | |||
Disclosure Of Financial Results [Line Items] | |||
Foreign Currency Exchange Differences | (415,962) | 2,931,086 | $ 240,451 |
Other non-financial liabilities [Member] | |||
Disclosure Of Financial Results [Line Items] | |||
Foreign Currency Exchange Differences | $ (306,935) | $ (1,126) |
Information by Segment - Summar
Information by Segment - Summary of Assets and Liabilities by Segment (Detail) - CLP ($) | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 20, 2017 | Dec. 31, 2016 | Dec. 31, 2015 |
Disclosure Of Segment Assets And Liabilities [Line Items] | |||||
TOTAL CURRENT ASSETS | $ 996,947,772,000 | $ 1,055,136,552,000 | |||
Cash and cash equivalents | 245,171,924,000 | 419,456,026,000 | $ 245,999,192,000 | $ 144,261,845,000 | |
Other current financial assets | 40,303,173,000 | 20,627,062,000 | |||
Other current non-financial assets | 22,406,088,000 | 18,785,891,000 | |||
Trade and other current receivables | 478,170,067,000 | 406,968,537,000 | |||
Current accounts receivable from related parties | 54,171,060,000 | 71,856,046,000 | |||
Inventories | 56,961,643,000 | 39,686,942,000 | |||
Current tax assets | 99,763,817,000 | 77,756,048,000 | |||
TOTAL NON-CURRENT ASSETS | 6,491,072,392,000 | 4,639,636,456,000 | |||
Other non-current financial assets | 7,269,669,000 | 33,418,204,000 | |||
Other non-current non-financial assets | 44,608,012,000 | 13,813,139,000 | |||
Trade and other non-current receivables | 60,527,843,000 | 36,182,399,000 | |||
Investments accounted for using the equity method | 12,873,531,000 | 16,912,454,000 | 18,738,198,000 | ||
Intangible assets other than goodwill | 115,372,393,000 | 55,170,904,000 | 44,470,750,000 | ||
Goodwill | 915,044,725,000 | 887,257,655,000 | 887,257,655,000 | ||
Property, plant and equipment | 5,308,647,633,000 | 3,585,687,137,000 | 3,476,128,634,000 | ||
Investment property | 7,557,356,000 | 8,356,772,000 | 8,128,522,000 | ||
Deferred tax assets | 19,171,230,000 | 2,837,792,000 | |||
TOTAL ASSETS | 7,488,020,164,000 | 5,694,773,008,000 | |||
TOTAL CURRENT LIABILITIES | 1,217,464,152,000 | 816,816,646,000 | |||
Other current financial liabilities | 410,665,815,000 | 18,815,448,000 | |||
Trade and other current payables | 554,286,324,000 | 555,978,518,000 | |||
Current accounts payable to related parties | 157,936,325,000 | 119,612,972,000 | |||
Other current provisions | 5,588,786,000 | 5,636,171,000 | |||
Current tax liabilities | 17,677,920,000 | 67,027,507,000 | |||
Other current non-financial liabilities | 71,308,982,000 | 49,746,030,000 | |||
TOTAL NON-CURRENT LIABILITIES | 2,596,392,231,000 | 1,090,994,705,000 | |||
Other non-current financial liabilities | 1,705,833,503,000 | 781,978,145,000 | |||
Trade and other non-current payables | 2,584,180,000 | 659,824,000 | |||
Non-current accounts payable to related parties | 447,193,802,000 | 318,518,000 | |||
Other long-term provisions | 105,871,375,000 | 78,422,837,000 | |||
Deferred tax liabilities | 278,080,054,000 | 172,223,681,000 | |||
Non-current provisions for employee benefits | 56,602,664,000 | 57,081,924,000 | |||
Other non-current non-financial liabilities | 226,653,000 | 309,776,000 | |||
TOTAL EQUITY | 3,674,163,781,000 | 3,786,961,657,000 | 3,462,993,642,000 | $ 3,201,900,783,000 | |
Equity attributable to Enel Chile | 3,421,228,519,000 | 2,983,384,010,000 | |||
Allocated capital | 3,954,491,479,000 | 2,229,108,975,000 | $ 1,891,727,278,668,000 | ||
Retained earnings | 1,914,797,613,000 | 1,751,605,583,000 | |||
Treasury shares | (72,388,009,000) | ||||
Other reserves | (2,375,672,564,000) | (997,330,548,000) | (1,035,092,978,000) | ||
Non-controlling interests | 252,935,262,000 | 803,577,647,000 | $ 699,602,354,000 | ||
TOTAL LIABILITIES AND EQUITY | 7,488,020,164,000 | 5,694,773,008,000 | |||
Operating Segments [Member] | Generation [Member] | |||||
Disclosure Of Segment Assets And Liabilities [Line Items] | |||||
TOTAL CURRENT ASSETS | 997,843,912,000 | 658,599,127,000 | |||
Cash and cash equivalents | 155,591,949,000 | 211,027,141,000 | |||
Other current financial assets | 39,507,485,000 | 20,523,276,000 | |||
Other current non-financial assets | 14,074,044,000 | 13,136,459,000 | |||
Trade and other current receivables | 254,374,451,000 | 207,208,820,000 | |||
Current accounts receivable from related parties | 422,492,265,000 | 109,797,820,000 | |||
Inventories | 48,221,915,000 | 31,740,903,000 | |||
Current tax assets | 63,581,803,000 | 65,164,708,000 | |||
TOTAL NON-CURRENT ASSETS | 4,625,205,545,000 | 2,895,863,063,000 | |||
Other non-current financial assets | 6,554,114,000 | 33,391,398,000 | |||
Other non-current non-financial assets | 42,006,844,000 | 12,853,460,000 | |||
Trade and other non-current receivables | 1,565,812,000 | 1,032,922,000 | |||
Investments accounted for using the equity method | 12,873,531,000 | 16,912,454,000 | |||
Intangible assets other than goodwill | 68,776,401,000 | 18,607,972,000 | |||
Goodwill | 32,500,603,000 | 24,860,356,000 | |||
Property, plant and equipment | 4,442,872,809,000 | 2,788,204,501,000 | |||
Deferred tax assets | 18,055,431,000 | ||||
TOTAL ASSETS | 5,623,049,457,000 | 3,554,462,190,000 | |||
TOTAL CURRENT LIABILITIES | 909,428,562,000 | 543,356,500,000 | |||
Other current financial liabilities | 196,141,320,000 | 18,815,434,000 | |||
Trade and other current payables | 317,337,886,000 | 309,883,528,000 | |||
Current accounts payable to related parties | 337,986,306,000 | 122,862,944,000 | |||
Other current provisions | 5,195,377,000 | 5,296,635,000 | |||
Current tax liabilities | 12,563,801,000 | 66,933,261,000 | |||
Other current non-financial liabilities | 40,203,872,000 | 19,564,698,000 | |||
TOTAL NON-CURRENT LIABILITIES | 1,846,575,202,000 | 1,022,091,736,000 | |||
Other non-current financial liabilities | 1,028,833,254,000 | 781,978,145,000 | |||
Trade and other non-current payables | 2,556,521,000 | 632,642,000 | |||
Non-current accounts payable to related parties | 447,193,802,000 | 318,518,000 | |||
Other long-term provisions | 91,898,262,000 | 63,992,567,000 | |||
Deferred tax liabilities | 260,950,163,000 | 160,293,916,000 | |||
Non-current provisions for employee benefits | 15,143,200,000 | 14,875,948,000 | |||
TOTAL EQUITY | 2,867,045,693,000 | 1,989,013,954,000 | |||
Equity attributable to Enel Chile | 2,867,045,693,000 | 1,989,013,954,000 | |||
Allocated capital | 1,137,185,366,000 | 552,777,321,000 | |||
Retained earnings | 1,626,928,911,000 | 1,398,018,156,000 | |||
Share Premium | 85,511,492,000 | 85,511,492,000 | |||
Other reserves | 17,419,924,000 | (47,293,015,000) | |||
TOTAL LIABILITIES AND EQUITY | 5,623,049,457,000 | 3,554,462,190,000 | |||
Operating Segments [Member] | Distribution [Member] | |||||
Disclosure Of Segment Assets And Liabilities [Line Items] | |||||
TOTAL CURRENT ASSETS | 296,453,471,000 | 261,378,069,000 | |||
Cash and cash equivalents | 4,969,412,000 | 42,594,390,000 | |||
Other current financial assets | 62,226,000 | 61,887,000 | |||
Other current non-financial assets | 5,648,807,000 | 4,940,347,000 | |||
Trade and other current receivables | 218,310,327,000 | 195,505,229,000 | |||
Current accounts receivable from related parties | 59,827,152,000 | 6,305,806,000 | |||
Inventories | 3,528,174,000 | 3,049,576,000 | |||
Current tax assets | 4,107,373,000 | 8,920,834,000 | |||
TOTAL NON-CURRENT ASSETS | 982,926,699,000 | 893,633,579,000 | |||
Other non-current financial assets | 26,410,000 | 26,806,000 | |||
Other non-current non-financial assets | 2,600,071,000 | 959,679,000 | |||
Trade and other non-current receivables | 41,993,899,000 | 34,272,234,000 | |||
Intangible assets other than goodwill | 41,963,796,000 | 34,236,891,000 | |||
Goodwill | 2,240,478,000 | 2,240,478,000 | |||
Property, plant and equipment | 893,246,804,000 | 821,234,672,000 | |||
Deferred tax assets | 855,241,000 | 662,819,000 | |||
TOTAL ASSETS | 1,279,380,170,000 | 1,155,011,648,000 | |||
TOTAL CURRENT LIABILITIES | 450,182,594,000 | 408,687,871,000 | |||
Other current financial liabilities | 2,000 | 14,000 | |||
Trade and other current payables | 156,939,551,000 | 176,411,186,000 | |||
Current accounts payable to related parties | 258,410,862,000 | 207,909,593,000 | |||
Current tax liabilities | 5,114,119,000 | 94,246,000 | |||
Other current non-financial liabilities | 29,718,060,000 | 24,272,832,000 | |||
TOTAL NON-CURRENT LIABILITIES | 63,065,351,000 | 61,965,918,000 | |||
Trade and other non-current payables | 27,172,000 | 27,182,000 | |||
Other long-term provisions | 13,973,113,000 | 14,430,270,000 | |||
Deferred tax liabilities | 21,335,014,000 | 18,786,185,000 | |||
Non-current provisions for employee benefits | 27,503,399,000 | 28,412,505,000 | |||
Other non-current non-financial liabilities | 226,653,000 | 309,776,000 | |||
TOTAL EQUITY | 766,132,225,000 | 684,357,859,000 | |||
Equity attributable to Enel Chile | 766,132,225,000 | 684,357,859,000 | |||
Allocated capital | 230,137,980,000 | 230,137,980,000 | |||
Retained earnings | 852,296,368,000 | 769,928,443,000 | |||
Share Premium | 354,220,000 | 354,220,000 | |||
Other reserves | (316,656,343,000) | (316,062,784,000) | |||
TOTAL LIABILITIES AND EQUITY | 1,279,380,170,000 | 1,155,011,648,000 | |||
Holdings, Eliminations and Others [Member] | |||||
Disclosure Of Segment Assets And Liabilities [Line Items] | |||||
TOTAL CURRENT ASSETS | (297,349,611,000) | 135,159,356,000 | |||
Cash and cash equivalents | 84,610,563,000 | 165,834,495,000 | |||
Other current financial assets | 733,462,000 | 41,899,000 | |||
Other current non-financial assets | 2,683,237,000 | 709,085,000 | |||
Trade and other current receivables | 5,485,289,000 | 4,254,488,000 | |||
Current accounts receivable from related parties | (428,148,357,000) | (44,247,580,000) | |||
Inventories | 5,211,554,000 | 4,896,463,000 | |||
Current tax assets | 32,074,641,000 | 3,670,506,000 | |||
TOTAL NON-CURRENT ASSETS | 882,940,148,000 | 850,139,814,000 | |||
Other non-current financial assets | 689,145,000 | ||||
Other non-current non-financial assets | 1,097,000 | ||||
Trade and other non-current receivables | 16,968,132,000 | 877,243,000 | |||
Intangible assets other than goodwill | 4,632,196,000 | 2,326,041,000 | |||
Goodwill | 880,303,644,000 | 860,156,821,000 | |||
Property, plant and equipment | (27,471,980,000) | (23,752,036,000) | |||
Investment property | 7,557,356,000 | 8,356,772,000 | |||
Deferred tax assets | 260,558,000 | 2,174,973,000 | |||
TOTAL ASSETS | 585,590,537,000 | 985,299,170,000 | |||
TOTAL CURRENT LIABILITIES | (142,147,004,000) | (135,227,725,000) | |||
Other current financial liabilities | 214,524,493,000 | ||||
Trade and other current payables | 80,008,887,000 | 69,683,804,000 | |||
Current accounts payable to related parties | (438,460,843,000) | (211,159,565,000) | |||
Other current provisions | 393,409,000 | 339,536,000 | |||
Other current non-financial liabilities | 1,387,050,000 | 5,908,500,000 | |||
TOTAL NON-CURRENT LIABILITIES | 686,751,678,000 | 6,937,051,000 | |||
Other non-current financial liabilities | 677,000,249,000 | ||||
Trade and other non-current payables | 487,000 | ||||
Deferred tax liabilities | (4,205,123,000) | (6,856,420,000) | |||
Non-current provisions for employee benefits | 13,956,065,000 | 13,793,471,000 | |||
TOTAL EQUITY | 40,985,863,000 | 1,113,589,844,000 | |||
Equity attributable to Enel Chile | 40,985,863,000 | 1,113,589,844,000 | |||
Allocated capital | 2,587,168,133,000 | 1,446,193,674,000 | |||
Retained earnings | (564,427,666,000) | (416,341,016,000) | |||
Share Premium | (85,865,712,000) | (85,865,712,000) | |||
Treasury shares | (72,388,009,000) | ||||
Other reserves | (1,823,500,883,000) | 169,602,898,000 | |||
TOTAL LIABILITIES AND EQUITY | $ 585,590,537,000 | $ 985,299,170,000 |
Information by Segment - Summ_2
Information by Segment - Summary of Comprehensive Income by Segment (Detail) - CLP ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | |
Disclosure Of Segment Comprehensive Income [Line Items] | |||
Revenues and other operating income | $ 2,457,161,426 | $ 2,522,978,282 | $ 2,541,566,819 |
Total Revenues | 2,410,360,459 | 2,484,101,582 | 2,515,843,880 |
Other operating income | 46,800,967 | 38,876,700 | 25,722,939 |
Total | (1,292,177,116) | (1,514,786,921) | (1,497,419,580) |
Energy purchases | (747,646,603) | (902,434,871) | (891,746,884) |
Fuel consumption | (231,028,169) | (280,739,362) | (295,148,838) |
Transportation costs | (166,875,801) | (155,879,249) | (195,123,118) |
Contribution Margin | 1,164,984,310 | 1,008,191,361 | 1,044,147,239 |
Other work performed by the entity and capitalized | 16,710,963 | 14,388,987 | 16,096,852 |
Employee benefits expense | (123,130,334) | (121,503,777) | (124,098,428) |
Other expenses | (167,210,021) | (161,824,074) | (170,769,137) |
Operating Income | 670,604,721 | 578,630,574 | 567,789,206 |
Depreciation and amortization expense | (215,187,300) | (152,684,106) | (161,660,610) |
Impairment loss recognized in the period's profit or loss | (5,562,897) | (7,937,817) | (35,926,710) |
FINANCIAL RESULT | (110,875,064) | (22,414,654) | (20,483,170) |
Total Financial Income | 19,934,468 | 21,662,688 | 23,105,901 |
Other financial income | 3,180,909 | 4,729,078 | 17,372,473 |
Financial Costs | (122,184,189) | (53,510,882) | (58,199,382) |
Profit (losses) from Indexed Assets and Liabilities | (818,146) | 916,666 | 1,631,840 |
Foreign currency exchange differences | (7,807,197) | 8,516,874 | 12,978,471 |
Share of profit (loss) of associates and joint ventures accounted for using the equity method | 3,190,240 | (2,696,904) | 7,878,200 |
Other gains (losses) | 3,410,379 | 113,241,196 | 121,490,062 |
Income before taxes | 566,330,276 | 666,760,212 | 676,674,298 |
Income tax expense, continuing operations | (153,482,519) | (143,342,301) | (111,403,182) |
NET INCOME | 412,847,757 | 523,417,911 | 565,271,116 |
Equity owners of Enel Chile | 361,709,937 | 349,382,642 | 384,159,865 |
Non-controlling interests | 51,137,820 | 174,035,269 | 181,111,251 |
Operating Segments [Member] | |||
Disclosure Of Segment Comprehensive Income [Line Items] | |||
Revenues and other operating income | 2,457,161,426 | 2,522,978,282 | 2,541,566,819 |
Total Revenues | 2,410,360,459 | 2,484,101,582 | 2,515,843,880 |
Energy sales | 2,202,078,088 | 2,262,090,558 | 2,312,643,618 |
Other sales | 123,345,383 | 107,362,797 | 73,607,458 |
Other services rendered | 84,936,988 | 114,648,227 | 129,592,804 |
Other operating income | 46,800,967 | 38,876,700 | 25,722,939 |
Total | (1,292,177,116) | (1,514,786,921) | (1,497,419,580) |
Energy purchases | (747,646,602) | (902,434,871) | (891,746,884) |
Fuel consumption | (231,028,169) | (280,739,362) | (295,148,838) |
Transportation costs | (166,875,802) | (155,879,249) | (195,123,118) |
Other miscellaneous supplies and services | (146,626,543) | (175,733,439) | (115,400,740) |
Contribution Margin | 1,164,984,310 | 1,008,191,361 | 1,044,147,239 |
Other work performed by the entity and capitalized | 16,710,963 | 14,388,987 | 16,096,852 |
Employee benefits expense | (123,130,334) | (121,503,777) | (124,098,428) |
Other expenses | (167,210,021) | (161,824,074) | (170,769,137) |
Operating Income | 891,354,918 | 739,252,497 | 765,376,526 |
Depreciation and amortization expense | (215,187,300) | (152,684,106) | (161,660,610) |
Impairment loss recognized in the period's profit or loss | (5,562,897) | (7,937,817) | (35,926,710) |
OPERATING INCOME | 670,604,721 | 578,630,574 | 567,789,206 |
FINANCIAL RESULT | (110,875,064) | (22,414,654) | (20,483,170) |
Total Financial Income | 19,934,468 | 21,662,688 | 23,105,901 |
Cash and cash equivalents | 9,612,575 | 8,377,023 | 3,831,162 |
Other financial income | 10,321,893 | 13,285,665 | 19,274,739 |
Financial Costs | (122,184,189) | (53,510,882) | (58,199,382) |
Bank borrowings | (20,701,774) | (12,585) | (2,034,311) |
Secured and unsecured obligations | (62,255,300) | (42,708,253) | (44,268,489) |
Other | (39,227,115) | (10,790,044) | (11,896,582) |
Profit (losses) from Indexed Assets and Liabilities | (818,146) | 916,666 | 1,631,840 |
Foreign currency exchange differences | (7,807,197) | 8,516,874 | 12,978,471 |
Positive | 30,091,901 | 19,757,068 | 49,221,666 |
Negative | (37,899,098) | (11,240,194) | (36,243,195) |
Share of profit (loss) of associates and joint ventures accounted for using the equity method | 3,190,240 | (2,696,904) | 7,878,200 |
Other gains (losses) | 3,410,379 | 113,241,196 | 121,490,062 |
Gain (loss) from other investments | 385,830 | 105,461,664 | 121,456,518 |
Gain (loss) from the sale of property, plant and equipment | 3,024,549 | 7,779,532 | 33,544 |
Income before taxes | 566,330,276 | 666,760,212 | 676,674,298 |
Income tax expense, continuing operations | (153,482,519) | (143,342,301) | (111,403,182) |
Net income from continuing operations | 412,847,757 | 523,417,911 | 565,271,116 |
NET INCOME | 412,847,757 | 523,417,911 | 565,271,116 |
Equity owners of Enel Chile | 361,709,937 | 349,382,642 | 384,159,865 |
Non-controlling interests | 51,137,820 | 174,035,269 | 181,111,251 |
Operating Segments [Member] | Generation [Member] | |||
Disclosure Of Segment Comprehensive Income [Line Items] | |||
Revenues and other operating income | 1,580,653,088 | 1,634,937,087 | 1,659,727,329 |
Total Revenues | 1,540,352,133 | 1,599,032,140 | 1,639,959,816 |
Energy sales | 1,425,942,129 | 1,457,671,722 | 1,516,688,442 |
Other sales | 103,779,801 | 94,452,287 | 64,638,599 |
Other services rendered | 10,630,203 | 46,908,131 | 58,632,775 |
Other operating income | 40,300,955 | 35,904,947 | 19,767,513 |
Total | (709,506,221) | (903,978,006) | (895,060,114) |
Energy purchases | (213,114,437) | (346,954,692) | (335,731,822) |
Fuel consumption | (231,028,169) | (280,739,362) | (295,148,838) |
Transportation costs | (154,044,158) | (152,869,838) | (192,502,995) |
Other miscellaneous supplies and services | (111,319,457) | (123,414,114) | (71,676,459) |
Contribution Margin | 871,146,867 | 730,959,081 | 764,667,215 |
Other work performed by the entity and capitalized | 8,663,737 | 7,226,484 | 9,758,304 |
Employee benefits expense | (61,991,737) | (54,222,470) | (60,350,072) |
Other expenses | (104,190,567) | (102,821,020) | (119,303,215) |
Operating Income | 713,628,300 | 581,142,075 | 594,772,232 |
Depreciation and amortization expense | (179,901,682) | (117,337,553) | (132,600,381) |
Impairment loss recognized in the period's profit or loss | (106,264) | 55,494 | (30,785,531) |
OPERATING INCOME | 533,620,354 | 463,860,016 | 431,386,320 |
FINANCIAL RESULT | (86,621,659) | (36,610,248) | (35,678,632) |
Total Financial Income | 8,727,356 | 5,273,672 | 6,150,751 |
Cash and cash equivalents | 5,673,621 | 3,077,708 | 2,150,797 |
Other financial income | 3,053,735 | 2,195,964 | 3,999,954 |
Financial Costs | (82,878,715) | (50,851,829) | (55,701,778) |
Bank borrowings | (9,269,535) | (261) | (2,033,835) |
Secured and unsecured obligations | (43,965,839) | (42,708,253) | (44,268,489) |
Other | (29,643,341) | (8,143,315) | (9,399,454) |
Profit (losses) from Indexed Assets and Liabilities | (2,480,291) | 145,608 | 606,075 |
Foreign currency exchange differences | (9,990,009) | 8,822,301 | 13,266,320 |
Positive | 26,031,044 | 19,563,838 | 48,546,664 |
Negative | (36,021,053) | (10,741,537) | (35,280,344) |
Share of profit (loss) of associates and joint ventures accounted for using the equity method | 3,190,240 | (2,696,904) | 7,878,201 |
Other gains (losses) | 3,434,503 | 113,088,869 | 121,490,974 |
Gain (loss) from other investments | 409,954 | 105,462,769 | 121,457,430 |
Gain (loss) from the sale of property, plant and equipment | 3,024,549 | 7,626,100 | 33,544 |
Income before taxes | 453,623,438 | 537,641,733 | 525,076,863 |
Income tax expense, continuing operations | (113,783,941) | (112,099,519) | (83,216,935) |
Net income from continuing operations | 339,839,497 | 425,542,214 | 441,859,928 |
NET INCOME | 339,839,497 | 425,542,214 | 441,859,928 |
Operating Segments [Member] | Distribution [Member] | |||
Disclosure Of Segment Comprehensive Income [Line Items] | |||
Revenues and other operating income | 1,263,224,072 | 1,326,658,860 | 1,315,760,852 |
Total Revenues | 1,254,943,604 | 1,322,422,609 | 1,310,175,226 |
Energy sales | 1,170,129,333 | 1,180,426,814 | 1,172,700,558 |
Other sales | 16,411,425 | 12,741,568 | 8,968,859 |
Other services rendered | 68,402,846 | 129,254,227 | 128,505,809 |
Other operating income | 8,280,468 | 4,236,251 | 5,585,626 |
Total | (972,499,918) | (1,055,708,050) | (1,042,329,385) |
Energy purchases | (926,385,346) | (938,067,783) | (936,965,119) |
Transportation costs | (9,816,883) | (63,009,956) | (60,454,433) |
Other miscellaneous supplies and services | (36,297,689) | (54,630,311) | (44,909,833) |
Contribution Margin | 290,724,154 | 270,950,810 | 273,431,467 |
Other work performed by the entity and capitalized | 6,667,947 | 6,630,130 | 6,338,547 |
Employee benefits expense | (32,598,818) | (38,449,551) | (35,557,457) |
Other expenses | (64,179,201) | (61,942,592) | (52,077,948) |
Operating Income | 200,614,082 | 177,188,797 | 192,134,609 |
Depreciation and amortization expense | (36,677,957) | (36,685,324) | (30,399,304) |
Impairment loss recognized in the period's profit or loss | (4,676,808) | (7,993,311) | (5,141,179) |
OPERATING INCOME | 159,259,317 | 132,510,162 | 156,594,126 |
FINANCIAL RESULT | 6,088,801 | 6,411,837 | 8,579,316 |
Total Financial Income | 11,166,433 | 12,894,635 | 14,289,185 |
Cash and cash equivalents | 1,633,373 | 1,975,564 | 1,680,365 |
Other financial income | 9,533,060 | 10,919,071 | 12,608,820 |
Financial Costs | (6,724,490) | (7,094,366) | (6,488,659) |
Bank borrowings | (5,374) | (12,299) | (476) |
Other | (6,719,116) | (7,082,067) | (6,488,183) |
Profit (losses) from Indexed Assets and Liabilities | 1,616,607 | 761,262 | 974,891 |
Foreign currency exchange differences | 30,251 | (149,694) | (196,101) |
Positive | 209,555 | 58,288 | 609,359 |
Negative | (179,304) | (207,982) | (805,460) |
Share of profit (loss) of associates and joint ventures accounted for using the equity method | 1,818 | ||
Other gains (losses) | 157,458 | (831) | |
Gain (loss) from other investments | 4,026 | (831) | |
Gain (loss) from the sale of property, plant and equipment | 153,432 | ||
Income before taxes | 165,348,118 | 139,079,457 | 165,174,429 |
Income tax expense, continuing operations | (42,967,123) | (34,030,322) | (32,589,362) |
Net income from continuing operations | 122,380,995 | 105,049,135 | 132,585,067 |
NET INCOME | 122,380,995 | 105,049,135 | 132,585,067 |
Holdings, Eliminations and Others [Member] | |||
Disclosure Of Segment Comprehensive Income [Line Items] | |||
Revenues and other operating income | (386,715,734) | (438,617,665) | (433,921,362) |
Total Revenues | (384,935,278) | (437,353,167) | (434,291,162) |
Energy sales | (393,993,374) | (376,007,978) | (376,745,382) |
Other sales | 3,154,157 | 168,942 | |
Other services rendered | 5,903,939 | (61,514,131) | (57,545,780) |
Other operating income | (1,780,456) | (1,264,498) | 369,800 |
Total | 389,829,023 | 444,899,135 | 439,969,919 |
Energy purchases | 391,853,181 | 382,587,604 | 380,950,057 |
Transportation costs | (3,014,761) | 60,000,545 | 57,834,310 |
Other miscellaneous supplies and services | 990,603 | 2,310,986 | 1,185,552 |
Contribution Margin | 3,113,289 | 6,281,470 | 6,048,557 |
Other work performed by the entity and capitalized | 1,379,279 | 532,373 | 1 |
Employee benefits expense | (28,539,779) | (28,831,756) | (28,190,899) |
Other expenses | 1,159,747 | 2,939,538 | 612,026 |
Operating Income | (22,887,464) | (19,078,375) | (21,530,315) |
Depreciation and amortization expense | 1,392,339 | 1,338,771 | 1,339,075 |
Impairment loss recognized in the period's profit or loss | (779,825) | ||
OPERATING INCOME | (22,274,950) | (17,739,604) | (20,191,240) |
FINANCIAL RESULT | (30,342,206) | 7,783,757 | 6,616,146 |
Total Financial Income | 40,679 | 3,494,381 | 2,665,965 |
Cash and cash equivalents | 2,305,581 | 3,323,751 | |
Other financial income | (2,264,902) | 170,630 | 2,665,965 |
Financial Costs | (32,580,984) | (4,435,313) | (3,991,055) |
Bank borrowings | (11,426,865) | (25) | |
Secured and unsecured obligations | (18,289,461) | ||
Other | (2,864,658) | 4,435,338 | 3,991,055 |
Profit (losses) from Indexed Assets and Liabilities | 45,538 | 9,796 | 50,874 |
Foreign currency exchange differences | 2,152,561 | (155,733) | (91,748) |
Positive | 3,851,302 | 134,942 | 65,643 |
Negative | (1,698,741) | (290,675) | (157,391) |
Share of profit (loss) of associates and joint ventures accounted for using the equity method | (1,819) | ||
Other gains (losses) | (24,124) | (5,131) | (81) |
Gain (loss) from other investments | (24,124) | (5,131) | (81) |
Income before taxes | (52,641,280) | (9,960,978) | (13,576,994) |
Income tax expense, continuing operations | 3,268,545 | 2,787,540 | 4,403,115 |
Net income from continuing operations | (49,372,735) | (7,173,438) | (9,173,879) |
NET INCOME | $ (49,372,735) | $ (7,173,438) | $ (9,173,879) |
Information by Segment - Summ_3
Information by Segment - Summary of Cash Flow By Segment (Detail) - CLP ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | |
Disclosure Of Segment Cash Flow [Line Items] | |||
Cash flows from (used in) operating activities | $ 735,525,522 | $ 635,613,720 | $ 614,684,856 |
Cash flows from (used in) investing activities | (1,881,559,694) | (146,465,777) | (63,488,592) |
Cash flows from (used in) financing activities | 966,576,876 | (317,595,521) | (445,866,972) |
Operating Segments [Member] | |||
Disclosure Of Segment Cash Flow [Line Items] | |||
Cash flows from (used in) operating activities | 735,525,522 | 635,613,720 | 614,684,856 |
Cash flows from (used in) investing activities | (1,881,559,694) | (146,465,777) | (63,488,592) |
Cash flows from (used in) financing activities | 966,576,876 | (317,595,521) | (445,866,972) |
Operating Segments [Member] | Generation [Member] | |||
Disclosure Of Segment Cash Flow [Line Items] | |||
Cash flows from (used in) operating activities | 638,607,494 | 488,167,382 | 490,177,558 |
Cash flows from (used in) investing activities | (451,284,432) | (91,867,647) | (34,631,759) |
Cash flows from (used in) financing activities | (249,051,150) | (301,835,211) | (374,835,378) |
Operating Segments [Member] | Distribution [Member] | |||
Disclosure Of Segment Cash Flow [Line Items] | |||
Cash flows from (used in) operating activities | 117,692,384 | 170,628,958 | 148,354,968 |
Cash flows from (used in) investing activities | (123,070,452) | (74,464,531) | (55,007,620) |
Cash flows from (used in) financing activities | (32,268,227) | (76,923,085) | (88,519,047) |
Holdings, Eliminations and Others [Member] | |||
Disclosure Of Segment Cash Flow [Line Items] | |||
Cash flows from (used in) operating activities | (20,774,356) | (23,182,620) | (23,847,670) |
Cash flows from (used in) investing activities | (1,307,204,810) | 19,866,401 | 26,150,787 |
Cash flows from (used in) financing activities | $ 1,247,896,253 | $ 61,162,775 | $ 17,487,453 |
Third Party Guarantees, Other_3
Third Party Guarantees, Other Contingent Assets And Liabilities, And Other Commitments - Additional Information (Detail) $ in Thousands | Apr. 09, 2019item | Jul. 23, 2018CLP ($) | Nov. 03, 2017CLF ( ) | Aug. 11, 2017CLP ($)customer | Dec. 31, 2018CLF ( )customeritem | Dec. 31, 2018USD ($)customeritem | Dec. 31, 2018CLP ($)customeritem | Dec. 31, 2018CLP ($) | Mar. 31, 2018USD ($) | Dec. 31, 2017CLP ($) | Mar. 31, 2016CLF ( ) | Mar. 31, 2016USD ($) |
Disclosure Of Other Provisions [Line Items] | ||||||||||||
Fine imposed by Superintendence of electricity and fuels | $ 10,000 | |||||||||||
Ruling issed fine imposed (UTA) | item | 10,000 | 10,000 | 10,000 | |||||||||
Provision amount | $ 12,634,688 | |||||||||||
Debt obligations | | 2,800,000 | |||||||||||
Cross default limit | $ 50,000,000 | |||||||||||
Percentage of debt repayment acceleration | 50.00% | 50.00% | ||||||||||
Bottom of Range [Member] | ||||||||||||
Disclosure Of Other Provisions [Line Items] | ||||||||||||
Cross default limit | $ 100,000 | $ 50,000,000 | ||||||||||
Percentage of debt repayment acceleration | 50.00% | 50.00% | ||||||||||
Ms. Evelyn del Carmen Molina Gonzalez [Member] | ||||||||||||
Disclosure Of Other Provisions [Line Items] | ||||||||||||
Litigation claim amount for damages | $ 2,000,000 | |||||||||||
Enel Distribucion Chile S.A. [Member] | ||||||||||||
Disclosure Of Other Provisions [Line Items] | ||||||||||||
Litigation claim amount for damages | $ 600,000 | |||||||||||
Number of customers without electricity supply for period exceeding 20 hours | customer | 23,359 | 100,000 | 100,000 | 100,000 | ||||||||
Fine imposed by Superintendence of electricity and fuels | 35,611 | $ 70,000 | $ 80,000 | |||||||||
Number of new consumers joined in lawsuit | customer | 35 | 35 | 35 | |||||||||
Enel Distribucion Chile S.A. [Member] | Ms. Camila Paz Castillo Abarca [Member] | ||||||||||||
Disclosure Of Other Provisions [Line Items] | ||||||||||||
Litigation claim amount for damages | $ 200,000 | |||||||||||
Enel Distribucion Chile S.A. [Member] | Ms. Kimora Belen Fernandez Castillo [Member] | ||||||||||||
Disclosure Of Other Provisions [Line Items] | ||||||||||||
Litigation claim amount for damages | 200,000 | |||||||||||
Enel Distribucion Chile S.A. [Member] | Ms. Graciela Rodriguez Mundaca [Member] | ||||||||||||
Disclosure Of Other Provisions [Line Items] | ||||||||||||
Litigation claim amount for damages | 200,000 | |||||||||||
Enel Distribucion Chile S.A. [Member] | Mr. Victor Hugo Coronado Gonzalez [Member] | ||||||||||||
Disclosure Of Other Provisions [Line Items] | ||||||||||||
Litigation claim amount for damages | 704,860 | |||||||||||
Litigation claim amount of damages for lost profits | 264,860 | |||||||||||
Litigation claim amount for punitive damages | 440,000 | |||||||||||
Ingenieria Electrica Azeta Ltda and Enel Distribucion Chile S.A. [Member] | Ms. Ximena Acevedo Herrera [Member] | ||||||||||||
Disclosure Of Other Provisions [Line Items] | ||||||||||||
Litigation claim amount for damages | 878,227 | |||||||||||
Litigation claim amount of damages for lost profits | 28,226 | |||||||||||
Litigation claim amount for punitive damages | 850,000 | |||||||||||
Maite Alu Letelier Molina [Member | ||||||||||||
Disclosure Of Other Provisions [Line Items] | ||||||||||||
Litigation claim amount for damages | 1,000,000 | |||||||||||
Daniela Anas Letelier Molina [Member] | ||||||||||||
Disclosure Of Other Provisions [Line Items] | ||||||||||||
Litigation claim amount for damages | $ 500,000 | |||||||||||
Enel Green Power Chile Group [Member] | ||||||||||||
Disclosure Of Other Provisions [Line Items] | ||||||||||||
Debt obligations | $ 20,859,907,000 | |||||||||||
Cross default limit | 50,000,000 | |||||||||||
Proceeds from borrowings | 30,000 | |||||||||||
Enel Generacion Chile [Member] | ||||||||||||
Disclosure Of Other Provisions [Line Items] | ||||||||||||
Debt obligations | $ 212,736,908 | |||||||||||
GasAtacama Chile S.A. [Member] | ||||||||||||
Disclosure Of Other Provisions [Line Items] | ||||||||||||
Provision recognized on litigation, percentage | 25.00% | 25.00% | 25.00% | |||||||||
Fine of illegality claim against the superintendence of electricity and fuels | 120,000 | $ 5,802,360 | ||||||||||
Energy purchase commitments [Member] | ||||||||||||
Disclosure Of Other Provisions [Line Items] | ||||||||||||
Future energy purchase commitments | $ 8,404,005 | $ 16,493,309 | ||||||||||
Yankee Bonds [Member] | ||||||||||||
Disclosure Of Other Provisions [Line Items] | ||||||||||||
Debt obligations | $ 678,787,835,000 | |||||||||||
Cross default limit | $ 150,000,000 | |||||||||||
Percentage of debt repayment acceleration | 25.00% | 25.00% | ||||||||||
Yankee Bonds [Member] | Enel Generacion Chile [Member] | ||||||||||||
Disclosure Of Other Provisions [Line Items] | ||||||||||||
Cross default limit | $ 30,000,000 | |||||||||||
Percentage of bondholders, demands debt acceleration | 25.00% | 25.00% | 25.00% | |||||||||
Cross default threshold amount | $ 50,000,000 | |||||||||||
Bonds outstanding | $ 497,233,719 | |||||||||||
Local Bonds [Member] | ||||||||||||
Disclosure Of Other Provisions [Line Items] | ||||||||||||
Cross default limit | $ 50,000,000 | |||||||||||
Percentage of bondholders, demands debt acceleration | 50.00% | 50.00% | 50.00% | |||||||||
Bonds outstanding | $ 329,260,529 | |||||||||||
Series H [Member] | ||||||||||||
Disclosure Of Other Provisions [Line Items] | ||||||||||||
Financial debt to capitalization ratio, maximum | 0.64% | 0.64% | 0.64% | |||||||||
Debt to capitalization ratio | 0.30% | 0.30% | ||||||||||
Minimum equity requirement | $ 761,661,000 | |||||||||||
Equity | $ 1,970,521,000 | |||||||||||
Financial expense coverage ratio | 12.23% | 12.23% | 12.23% | |||||||||
Net asset position | $ 125,000,000 | |||||||||||
Series H [Member] | Bottom of Range [Member] | ||||||||||||
Disclosure Of Other Provisions [Line Items] | ||||||||||||
Financial expense coverage ratio | 1.85% | 1.85% | 1.85% | |||||||||
Series H [Member] | Top of Range | ||||||||||||
Disclosure Of Other Provisions [Line Items] | ||||||||||||
Net asset position | $ 100,000,000 | |||||||||||
Series M [Member] | ||||||||||||
Disclosure Of Other Provisions [Line Items] | ||||||||||||
Financial debt to capitalization ratio, maximum | 0.64% | 0.64% | 0.64% | |||||||||
Debt to capitalization ratio | 0.30% | 0.30% | ||||||||||
Financial debt to net equity ratio, maximum | 1.40% | 1.40% | 1.40% | |||||||||
Debt to equity ratio | 0.42% | 0.42% | 0.42% | |||||||||
Debt/EBITDA ratio, maximum | 6.50% | 6.50% | 6.50% | |||||||||
Debt/EBITDA ratio | 1.44% | 1.44% | 1.44% | |||||||||
Commencement of major litigation [member] | GasAtacama Chile S.A. [Member] | ||||||||||||
Disclosure Of Other Provisions [Line Items] | ||||||||||||
Ruling issed fine imposed (UTA) | item | 500 |
Third Party Guarantees, Other_4
Third Party Guarantees, Other Contingent Assets and Liabilities, and Other Commitments - Summary of Indirect Guarantees (Detail) - Indirect Guarantees [Member] - USD ($) | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Bilbao Viscaya Argentina Bank, Chile [Member] | ||
Disclosure Of Other Provisions [Line Items] | ||
Description of type of other equity instruments granted | Credit Opening Agreement | |
Maturity | September 2019 | |
Creditor Of Guarantee | Bilbao Viscaya Argentina Bank, Chile | |
Debtor, Company | Enel Green Power Chile Limitada | |
Relationship | Subsidiary | |
Type of Guarantee | Codebtor | |
Bonds Series B [Member] | Bondholders of Enel Americas' Bonds [Member] | ||
Disclosure Of Other Provisions [Line Items] | ||
Description of type of other equity instruments granted | Bonds Serie B (1) | |
Maturity | October 2028 | |
Creditor Of Guarantee | Bondholders of Enel Américas' Bonds | |
Debtor, Company | Enel Américas S.A. | |
Relationship | Entities demerged from original debtor Enersis S.A. (codebtor Enel Chile S.A.) (1) | |
Type of Guarantee | Codebtor | |
Outstanding balance | $ 22,798 | |
Credit Opening Agreement [Member] | Bondholders of Enel Americas' Bonds [Member] | ||
Disclosure Of Other Provisions [Line Items] | ||
Outstanding balance | $ 31,294 | |
Credit Opening Agreement [Member] | Bilbao Viscaya Argentina Bank, Chile [Member] | ||
Disclosure Of Other Provisions [Line Items] | ||
Outstanding balance | $ 100,000 | |
Credit Opening Agreement Two [Member] | Bilbao Viscaya Argentina Bank, Chile [Member] | ||
Disclosure Of Other Provisions [Line Items] | ||
Description of type of other equity instruments granted | Credit Opening Agreement | |
Maturity | December 2020 | |
Creditor Of Guarantee | Bilbao Viscaya Argentina Bank, Chile | |
Debtor, Company | Enel Green Power Chile Limitada | |
Relationship | Subsidiary | |
Type of Guarantee | Codebtor | |
Outstanding balance | $ 150,000 | |
Credit Opening Agreement Three [Member] | Bilbao Viscaya Argentina Bank, Chile [Member] | ||
Disclosure Of Other Provisions [Line Items] | ||
Description of type of other equity instruments granted | Credit Opening Agreement | |
Maturity | December 2021 | |
Creditor Of Guarantee | Bilbao Viscaya Argentina Bank, Chile | |
Debtor, Company | Empresa Electrica Panguipulli S.A | |
Relationship | Subsidiary | |
Type of Guarantee | Codebtor | |
Outstanding balance | $ 150,000 |
Personnel Figures - Summary of
Personnel Figures - Summary of Number of Employees (Detail) - employee | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Disclosure Of Average Number Of Employees [Line Items] | ||
Number of employees | 2,062 | 1,948 |
Annual Average | 2,096 | 1,993 |
Managers and Key Executives [Member] | ||
Disclosure Of Average Number Of Employees [Line Items] | ||
Number of employees | 57 | 63 |
Professionals and Technicians [Member] | ||
Disclosure Of Average Number Of Employees [Line Items] | ||
Number of employees | 1,831 | 1,770 |
Staff and Others [Member] | ||
Disclosure Of Average Number Of Employees [Line Items] | ||
Number of employees | 174 | 115 |
Chile [Member] | ||
Disclosure Of Average Number Of Employees [Line Items] | ||
Number of employees | 2,036 | 1,923 |
Annual Average | 2,070 | 1,968 |
Chile [Member] | Managers and Key Executives [Member] | ||
Disclosure Of Average Number Of Employees [Line Items] | ||
Number of employees | 57 | 63 |
Chile [Member] | Professionals and Technicians [Member] | ||
Disclosure Of Average Number Of Employees [Line Items] | ||
Number of employees | 1,824 | 1,747 |
Chile [Member] | Staff and Others [Member] | ||
Disclosure Of Average Number Of Employees [Line Items] | ||
Number of employees | 155 | 113 |
Argentina [Member] | ||
Disclosure Of Average Number Of Employees [Line Items] | ||
Number of employees | 26 | 25 |
Annual Average | 26 | 25 |
Argentina [Member] | Professionals and Technicians [Member] | ||
Disclosure Of Average Number Of Employees [Line Items] | ||
Number of employees | 7 | 23 |
Argentina [Member] | Staff and Others [Member] | ||
Disclosure Of Average Number Of Employees [Line Items] | ||
Number of employees | 19 | 2 |
Sanctions - Additional Informat
Sanctions - Additional Information (Detail) $ in Thousands, $ in Thousands | 12 Months Ended | |||||||||||
Dec. 31, 2018CLF ( )item | Dec. 31, 2018CLP ($) | Sep. 07, 2018USD ($) | Jul. 25, 2018CLF ( ) | Jul. 25, 2018CLP ($) | May 14, 2018CLF ( ) | May 14, 2018CLP ($) | Jun. 22, 2017CLF ( ) | Jun. 22, 2017CLP ($) | Nov. 03, 2016CLF ( ) | May 23, 2016CLF ( ) | May 23, 2016CLP ($) | |
Disclosure Of Sanctions [Line Items] | ||||||||||||
Provision amount | $ 12,634,688 | |||||||||||
Enel Generacin Chile S.A. [Member] | ||||||||||||
Disclosure Of Sanctions [Line Items] | ||||||||||||
Fine or penalties imposed | 967,060 | |||||||||||
Enel Green Power Chile Ltda. [Member] | ||||||||||||
Disclosure Of Sanctions [Line Items] | ||||||||||||
Provision amount | 1,818,688 | |||||||||||
Bio Bio Health Secretary [Member] | Alleged Violations to Asbestos Removal Liability [Member] | Enel Generacin Chile S.A. [Member] | ||||||||||||
Disclosure Of Sanctions [Line Items] | ||||||||||||
Fine or penalties imposed | 500 | 24,177 | ||||||||||
Bio Bio Health Secretary [Member] | Waste Disposal Regulations Liability [Member] | Enel Generacin Chile S.A. [Member] | ||||||||||||
Disclosure Of Sanctions [Line Items] | ||||||||||||
Fine or penalties imposed | 500 | 24,177 | ||||||||||
Superintendence of Electricity and Fuels [Member] | Enel Distribucion Chile S.A. [Member] | ||||||||||||
Disclosure Of Sanctions [Line Items] | ||||||||||||
Fine or penalties imposed | 2,000 | 96,706 | ||||||||||
Superintendence of Electricity and Fuels [Member] | Snowstorm Liability [Member] | Enel Distribucion Chile S.A. [Member] | ||||||||||||
Disclosure Of Sanctions [Line Items] | ||||||||||||
Fine or penalties imposed | | 20,000 | |||||||||||
Superintendence of Electricity and Fuels [Member] | Improper Maintenance of Facilities Liability [Member] | Enel Distribucion Chile S.A. [Member] | ||||||||||||
Disclosure Of Sanctions [Line Items] | ||||||||||||
Fine or penalties imposed | 1,500 | $ 72,530 | 2,000 | $ 96,706 | ||||||||
Superintendence of Electricity and Fuels [Member] | Accident Liability [Member] | Enel Distribucion Chile S.A. [Member] | ||||||||||||
Disclosure Of Sanctions [Line Items] | ||||||||||||
Fine or penalties imposed | 6,000 | $ 290,118 | ||||||||||
Superintendence of Electricity and Fuels [Member] | Alleged Duty of Coordination Liability [Member] | Enel Green Power Chile Ltda. [Member] | ||||||||||||
Disclosure Of Sanctions [Line Items] | ||||||||||||
Fine or penalties imposed | 1,000 | $ 48,353 | ||||||||||
Tarapaca's Health Secretary's [Member] | GasAtacama Chile S.A. [Member] | ||||||||||||
Disclosure Of Sanctions [Line Items] | ||||||||||||
Fine or penalties imposed | 24,177 | 500 | ||||||||||
Number of Fines | item | 2 | |||||||||||
Coquimbo Regional Health Ministry [Member] | GasAtacama Chile S.A. [Member] | ||||||||||||
Disclosure Of Sanctions [Line Items] | ||||||||||||
Fine or penalties imposed | 500 | 24,177 | ||||||||||
Valparaso Regional Health Ministry [Member] | Alleged Breaches of Obligations and Regulations Liability [Member] | Enel Generacin Chile S.A. [Member] | ||||||||||||
Disclosure Of Sanctions [Line Items] | ||||||||||||
Fine or penalties imposed | 500 | $ 24,177 | ||||||||||
Regional Ministry of National Property of Antofagasta [Member] | Liability Due to Delay in Construction of Wind Farm [Member] | Enel Green Power Chile Ltda. [Member] | ||||||||||||
Disclosure Of Sanctions [Line Items] | ||||||||||||
Fine or penalties imposed | $ 173,250 |
Environment - Summary of Enviro
Environment - Summary of Environmental Expenses (Detail) - CLP ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | |
Environmental Expenses [Line Items] | |||
Expenses | $ 9,664,683 | $ 7,769,230 | $ 2,245,891 |
Projects in Current Year [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 20,968,708 | ||
Amounts Capitalized | 11,304,025 | ||
Expenses | 9,664,683 | ||
Disbursement amount in the future | 3,255,494 | ||
Total Disbursements | 24,224,202 | 11,740,947 | |
Projects in Prior Period [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 18,709,151 | ||
Amounts Capitalized | 10,939,921 | ||
Expenses | 7,769,230 | ||
Disbursement amount in the future | 2,068,381 | ||
Total Disbursements | 20,777,533 | ||
Pehuenche [Member] | Hydroelectric Central Environmental Expenditures [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 48,574 | 6,786 | |
Amounts Capitalized | 48,574 | ||
Expenses | 6,786 | ||
Total Disbursements | 48,574 | 6,787 | |
Pehuenche [Member] | Studies, Monitoring and Laboratory Analysis [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 62,560 | ||
Expenses | 62,560 | ||
Total Disbursements | 62,560 | ||
Enel Distribucion Chile S.A. [Member] | Vegetation Control In Redesat [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 134,394 | 306,419 | |
Expenses | 134,394 | 306,419 | |
Disbursement amount in the future | 19,654 | ||
Total Disbursements | 154,048 | 306,419 | |
Enel Distribucion Chile S.A. [Member] | Vegetation Control In Redesat One [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 5,790,042 | ||
Amounts Capitalized | 2,472,768 | ||
Expenses | 3,317,274 | ||
Disbursement amount in the future | 502,599 | ||
Total Disbursements | 6,292,641 | ||
Enel Distribucion Chile S.A. [Member] | Management Respel [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 1,780 | 265 | |
Expenses | 1,780 | 265 | |
Total Disbursements | 1,780 | 265 | |
Enel Distribucion Chile S.A. [Member] | Environmental management in Ssee [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 15,383 | 239,285 | |
Expenses | 15,383 | 239,285 | |
Disbursement amount in the future | 36,633 | 18,644 | |
Total Disbursements | 52,016 | 257,929 | |
Enel Distribucion Chile S.A. [Member] | Environmental management in Ssee One [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 46,339 | 46,771 | |
Expenses | 46,339 | 46,771 | |
Disbursement amount in the future | 568 | ||
Total Disbursements | 46,907 | 46,771 | |
Enel Distribucion Chile S.A. [Member] | Improvements in the Network M T/Bt [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 3,066,846 | ||
Amounts Capitalized | 3,066,846 | ||
Disbursement amount in the future | 1,957,246 | ||
Total Disbursements | 5,024,092 | ||
Enel Distribucion Chile S.A. [Member] | Environmental Permits [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 1,767 | 68,001 | |
Amounts Capitalized | 1,767 | 68,001 | |
Disbursement amount in the future | 5,203 | 34,811 | |
Total Disbursements | 6,970 | 102,812 | |
Enel Distribucion Chile S.A. [Member] | Vegetation Control in Networks Mt/Bt [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 19,416 | 3,313,454 | |
Amounts Capitalized | 19,416 | ||
Expenses | 3,313,454 | ||
Disbursement amount in the future | 373,059 | ||
Total Disbursements | 392,475 | 3,313,454 | |
Enel Distribucion Chile S.A. [Member] | Noise Control [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 786 | ||
Expenses | 786 | ||
Total Disbursements | 786 | ||
Enel Distribucion Chile S.A. [Member] | Asbestos Removal from Underground Cables [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 166,434 | ||
Amounts Capitalized | 166,434 | ||
Disbursement amount in the future | 37,290 | ||
Total Disbursements | 203,724 | ||
Enel Distribucion Chile S.A. [Member] | Arborizations of Substations and Sat Line [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 251,740 | ||
Amounts Capitalized | 251,740 | ||
Disbursement amount in the future | 20,390 | ||
Total Disbursements | 272,130 | ||
Enel Distribucion Chile S.A. [Member] | Improvements in the Network M T/BT [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 158,086 | ||
Amounts Capitalized | 158,086 | ||
Disbursement amount in the future | 18,056 | ||
Total Disbursements | 176,142 | ||
Enel Distribucion Chile S.A. [Member] | Change of Trade X Caple Network [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 851,792 | ||
Amounts Capitalized | 851,792 | ||
Disbursement amount in the future | 530,712 | ||
Total Disbursements | 1,382,504 | ||
Enel Distribucion Chile S.A. [Member] | Replacement TD DAE Concentrica X TD. TRIF. Red Caple [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 712,455 | ||
Amounts Capitalized | 712,455 | ||
Disbursement amount in the future | 295,961 | ||
Total Disbursements | 1,008,416 | ||
Enel Distribucion Chile S.A. [Member] | Replace TRIFAS Transformers MEJ Quality BT [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 1,288,155 | ||
Amounts Capitalized | 1,288,155 | ||
Disbursement amount in the future | 1,353,909 | ||
Total Disbursements | 2,642,064 | ||
Enel Distribucion Chile S.A. [Member] | Environmental Management [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 5,831 | ||
Expenses | 5,831 | ||
Disbursement amount in the future | 803 | ||
Total Disbursements | 6,634 | ||
Enel Distribucion Chile S.A. [Member] | Removal of Asbestos from Underground Cables [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 265,577 | ||
Amounts Capitalized | 146,300 | ||
Expenses | 119,277 | ||
Disbursement amount in the future | 118,337 | ||
Total Disbursements | 383,914 | 203,724 | |
Enel Generacin Chile S.A. [Member] | Environmental costs in combined cycle plants [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 1,252,355 | ||
Expenses | 1,252,355 | ||
Total Disbursements | 1,252,355 | ||
Enel Generacin Chile S.A. [Member] | Environmental costs in hydroelectric plants [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 251,277 | ||
Expenses | 251,277 | ||
Total Disbursements | 251,277 | ||
Enel Generacin Chile S.A. [Member] | Ralco Hydroelectric Plant [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 5,075,137 | ||
Amounts Capitalized | 5,075,137 | ||
Total Disbursements | 5,075,137 | ||
Enel Generacin Chile S.A. [Member] | Tal Tal Thermal Plant [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 1,290,133 | ||
Amounts Capitalized | 1,290,133 | ||
Total Disbursements | 1,290,133 | ||
Enel Generacin Chile S.A. [Member] | Environmental costs in thermal plants [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 870,281 | ||
Expenses | 870,281 | ||
Total Disbursements | 870,281 | ||
Enel Generacin Chile S.A. [Member] | Environmental Expenses CC.IT [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 2,102,056 | ||
Expenses | 2,102,056 | ||
Total Disbursements | 2,102,056 | 1,252,355 | |
Enel Generacin Chile S.A. [Member] | Environmental Expenses CC.IT One [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 2,867,523 | ||
Expenses | 2,867,523 | ||
Total Disbursements | 2,867,523 | 251,277 | |
Enel Generacin Chile S.A. [Member] | Environmental Expenses CC.HH [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 183,156 | ||
Expenses | 183,156 | ||
Total Disbursements | 183,156 | 870,281 | |
Enel Generacin Chile S.A. [Member] | Central Quintero [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 417,194 | ||
Amounts Capitalized | 417,194 | ||
Total Disbursements | 417,194 | 1,290,133 | |
Enel Generacin Chile S.A. [Member] | C.H. Ralco | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 4,542,216 | ||
Amounts Capitalized | 4,542,216 | ||
Total Disbursements | 4,542,216 | 5,075,137 | |
GasAtacama Chile [Member] | Environmental monitoring [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 797,543 | 1,463,204 | |
Expenses | 797,543 | 1,463,204 | |
Total Disbursements | 797,543 | 1,463,204 | |
GasAtacama Chile [Member] | Standardization Cems [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 645,302 | 1,021,630 | |
Amounts Capitalized | 645,302 | 1,021,630 | |
Total Disbursements | 645,302 | 1,021,630 | |
GasAtacama Chile [Member] | Hydraulic Power Stations [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 11,567 | ||
Expenses | 11,567 | ||
Total Disbursements | $ 11,567 | ||
Eolica Canela [Member] | Environmental expenditures in power plants [Member] | |||
Environmental Expenses [Line Items] | |||
Total Disbursements | 18,347 | ||
Expenses | 18,347 | ||
Total Disbursements | $ 18,347 |
Summarized Financial Informat_3
Summarized Financial Information of Subsidiaries - Summary of Financial Information on Subsidiaries (Detail) - CLP ($) $ in Thousands | 12 Months Ended | |||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 | |
Disclosure Of Significant Investments In Subsidiaries [Line Items] | ||||
Total Current Assets | $ 996,947,772 | $ 1,055,136,552 | ||
Total Non Current Assets | 6,491,072,392 | 4,639,636,456 | ||
TOTAL ASSETS | 7,488,020,164 | 5,694,773,008 | ||
Total Current Liabilities | 1,217,464,152 | 816,816,646 | ||
Non-current Liabilities | 2,596,392,231 | 1,090,994,705 | ||
Equity | 3,674,163,781 | 3,786,961,657 | $ 3,462,993,642 | $ 3,201,900,783 |
TOTAL LIABILITIES AND EQUITY | 7,488,020,164 | 5,694,773,008 | ||
Revenues | 2,410,360,459 | 2,484,101,582 | 2,515,843,880 | |
Raw materials and consumables used | (1,292,177,116) | (1,514,786,921) | (1,497,419,580) | |
Contribution Margin | 1,164,984,310 | 1,008,191,361 | 1,044,147,239 | |
Income before Taxes | 566,330,276 | 666,760,212 | 676,674,298 | |
Income tax expense, continuing operations | (153,482,519) | (143,342,301) | (111,403,182) | |
NET INCOME | 412,847,757 | 523,417,911 | 565,271,116 | |
Other Comprehensive Income | (53,736,400) | 69,423,985 | 47,891,771 | |
TOTAL COMPREHENSIVE INCOME | $ 359,111,357 | $ 592,841,896 | $ 613,162,887 | |
Grupo Enel Distribucion Chile S A | ||||
Disclosure Of Significant Investments In Subsidiaries [Line Items] | ||||
Type of Financial Statements | Consolidated | Consolidated | ||
Total Current Assets | $ 296,453,470 | $ 261,378,069 | ||
Total Non Current Assets | 982,926,699 | 893,633,580 | ||
TOTAL ASSETS | 1,279,380,169 | 1,155,011,649 | ||
Total Current Liabilities | 450,182,594 | 408,687,866 | ||
Non-current Liabilities | 63,065,351 | 61,965,918 | ||
Equity | 766,132,224 | 684,357,865 | ||
TOTAL LIABILITIES AND EQUITY | 1,279,380,169 | 1,155,011,649 | ||
Revenues | 1,263,224,070 | 1,333,027,456 | ||
Raw materials and consumables used | (972,499,916) | (1,062,076,645) | ||
Contribution Margin | 290,724,154 | 270,950,811 | ||
Gross Operating Income | 200,614,083 | 177,188,798 | ||
Operating Income | 159,259,319 | 132,510,164 | ||
Financial Results | 6,088,801 | 6,411,839 | ||
Income before Taxes | 165,348,120 | 139,079,732 | ||
Income tax expense, continuing operations | (42,967,123) | (34,030,322) | ||
NET INCOME | 122,380,997 | 105,049,408 | ||
Other Comprehensive Income | (600,422) | 1,515,176 | ||
TOTAL COMPREHENSIVE INCOME | $ 121,780,574 | $ 106,564,584 | ||
Enel Generacin Chile S.A. [Member] | ||||
Disclosure Of Significant Investments In Subsidiaries [Line Items] | ||||
Type of Financial Statements | Separate | Separate | ||
Total Current Assets | $ 548,220,314 | $ 590,543,532 | ||
Total Non Current Assets | 2,725,004,288 | 2,602,962,586 | ||
TOTAL ASSETS | 3,273,224,602 | 3,193,506,118 | ||
Total Current Liabilities | 569,928,285 | 489,875,667 | ||
Non-current Liabilities | 938,139,971 | 891,083,155 | ||
Equity | 1,765,156,347 | 1,812,547,296 | ||
TOTAL LIABILITIES AND EQUITY | 3,273,224,603 | 3,193,506,118 | ||
Revenues | 1,454,348,386 | 1,629,277,585 | ||
Raw materials and consumables used | (1,051,644,602) | (1,140,707,431) | ||
Contribution Margin | 402,703,784 | 488,570,154 | ||
Gross Operating Income | 300,148,133 | 364,131,027 | ||
Operating Income | 226,154,177 | 285,498,271 | ||
Financial Results | (49,980,539) | (37,647,691) | ||
Income before Taxes | 378,187,852 | 528,254,308 | ||
Income tax expense, continuing operations | (42,255,124) | (60,153,339) | ||
NET INCOME | 335,932,728 | 468,100,969 | ||
Other Comprehensive Income | (101,720,204) | 72,617,351 | ||
TOTAL COMPREHENSIVE INCOME | $ 234,212,523 | $ 540,718,320 | ||
Enel Distribucion Chile S.A. [Member] | ||||
Disclosure Of Significant Investments In Subsidiaries [Line Items] | ||||
Type of Financial Statements | Separate | Separate | ||
Total Current Assets | $ 288,632,068 | $ 257,229,219 | ||
Total Non Current Assets | 975,441,251 | 887,681,380 | ||
TOTAL ASSETS | 1,264,073,319 | 1,144,910,599 | ||
Total Current Liabilities | 424,550,547 | 393,273,852 | ||
Non-current Liabilities | 62,721,352 | 61,523,557 | ||
Equity | 776,801,421 | 690,113,190 | ||
TOTAL LIABILITIES AND EQUITY | 1,264,073,320 | 1,144,910,599 | ||
Revenues | 1,259,689,827 | 1,330,023,450 | ||
Raw materials and consumables used | (971,366,398) | (1,060,875,186) | ||
Contribution Margin | 288,323,429 | 269,148,264 | ||
Gross Operating Income | 199,676,810 | 176,635,873 | ||
Operating Income | 159,625,438 | 133,340,940 | ||
Financial Results | 5,418,883 | 5,252,070 | ||
Income before Taxes | 165,044,321 | 138,806,087 | ||
Income tax expense, continuing operations | (43,812,619) | (35,037,127) | ||
NET INCOME | 121,231,702 | 103,768,960 | ||
Other Comprehensive Income | (598,985) | 1,543,151 | ||
TOTAL COMPREHENSIVE INCOME | $ 120,632,717 | $ 105,312,110 | ||
Empresa Electrica Pehuenche S.A. [Member] | ||||
Disclosure Of Significant Investments In Subsidiaries [Line Items] | ||||
Type of Financial Statements | Separate | Separate | ||
Total Current Assets | $ 51,279,432 | $ 35,369,243 | ||
Total Non Current Assets | 179,693,183 | 186,760,346 | ||
TOTAL ASSETS | 230,972,615 | 222,129,589 | ||
Total Current Liabilities | 44,459,384 | 38,310,560 | ||
Non-current Liabilities | 46,238,191 | 48,261,590 | ||
Equity | 140,275,039 | 135,557,439 | ||
TOTAL LIABILITIES AND EQUITY | 230,972,614 | 222,129,589 | ||
Revenues | 162,768,188 | 152,501,383 | ||
Raw materials and consumables used | (21,539,174) | (36,289,330) | ||
Contribution Margin | 141,229,014 | 116,212,053 | ||
Gross Operating Income | 135,558,558 | 110,957,039 | ||
Operating Income | 128,068,159 | 103,556,904 | ||
Financial Results | 224,543 | (395,231) | ||
Income before Taxes | 128,348,399 | 103,206,672 | ||
Income tax expense, continuing operations | (34,669,191) | (26,346,081) | ||
NET INCOME | 93,679,208 | 76,860,591 | ||
TOTAL COMPREHENSIVE INCOME | $ 93,679,208 | $ 76,860,591 | ||
Enel Green Power Chile Ltda. [Member] | ||||
Disclosure Of Significant Investments In Subsidiaries [Line Items] | ||||
Type of Financial Statements | Separate | |||
Total Current Assets | $ 162,710,963 | |||
Total Non Current Assets | 669,741,595 | |||
TOTAL ASSETS | 832,452,558 | |||
Total Current Liabilities | 113,123,832 | |||
Non-current Liabilities | 125,240,941 | |||
Equity | 594,087,786 | |||
TOTAL LIABILITIES AND EQUITY | 832,452,559 | |||
Revenues | 12,831,131 | |||
Raw materials and consumables used | (15,655) | |||
Contribution Margin | 12,815,476 | |||
Gross Operating Income | 2,521,606 | |||
Operating Income | 1,702,927 | |||
Financial Results | (5,337,680) | |||
Income before Taxes | 71,323,446 | |||
Income tax expense, continuing operations | 1,601,922 | |||
NET INCOME | 72,925,368 | |||
Other Comprehensive Income | 71,701,018 | |||
TOTAL COMPREHENSIVE INCOME | $ 144,626,386 | |||
Empresa Electrica Panguipulli S .A. [Member] | ||||
Disclosure Of Significant Investments In Subsidiaries [Line Items] | ||||
Type of Financial Statements | Separate | |||
Total Current Assets | $ 16,052,462 | |||
Total Non Current Assets | 255,481,676 | |||
TOTAL ASSETS | 271,534,138 | |||
Total Current Liabilities | 59,681,465 | |||
Non-current Liabilities | 131,671,924 | |||
Equity | 80,180,749 | |||
TOTAL LIABILITIES AND EQUITY | 271,534,138 | |||
Revenues | 45,097,744 | |||
Raw materials and consumables used | (5,320,421) | |||
Contribution Margin | 39,777,323 | |||
Gross Operating Income | 32,476,777 | |||
Operating Income | 18,680,884 | |||
Financial Results | (1,954,238) | |||
Income before Taxes | 16,726,646 | |||
Income tax expense, continuing operations | (2,647,884) | |||
NET INCOME | 14,078,762 | |||
Other Comprehensive Income | (3,643,974) | |||
TOTAL COMPREHENSIVE INCOME | $ 10,434,788 | |||
Geotrmica del Norte [Member] | ||||
Disclosure Of Significant Investments In Subsidiaries [Line Items] | ||||
Type of Financial Statements | Separate | |||
Total Current Assets | $ 21,765,295 | |||
Total Non Current Assets | 347,871,452 | |||
TOTAL ASSETS | 369,636,747 | |||
Total Current Liabilities | 20,910,840 | |||
Non-current Liabilities | 293,675 | |||
Equity | 348,432,232 | |||
TOTAL LIABILITIES AND EQUITY | 369,636,747 | |||
Revenues | 17,023,794 | |||
Raw materials and consumables used | (2,109,769) | |||
Contribution Margin | 14,914,025 | |||
Gross Operating Income | 13,168,978 | |||
Operating Income | 2,001,882 | |||
Financial Results | (3,676,151) | |||
Income before Taxes | (1,674,269) | |||
Income tax expense, continuing operations | 454,355 | |||
NET INCOME | (1,219,914) | |||
Other Comprehensive Income | 45,243,420 | |||
TOTAL COMPREHENSIVE INCOME | $ 44,023,506 | |||
Parque Eolico Talinay Oriente S.A. [Member] | ||||
Disclosure Of Significant Investments In Subsidiaries [Line Items] | ||||
Type of Financial Statements | Separate | |||
Total Current Assets | $ 63,831,605 | |||
Total Non Current Assets | 87,493,829 | |||
TOTAL ASSETS | 151,325,434 | |||
Total Current Liabilities | 6,173,259 | |||
Non-current Liabilities | 18,876,242 | |||
Equity | 126,275,934 | |||
TOTAL LIABILITIES AND EQUITY | 151,325,435 | |||
Revenues | 10,058,036 | |||
Raw materials and consumables used | (2,434,415) | |||
Contribution Margin | 7,623,621 | |||
Gross Operating Income | 5,310,400 | |||
Operating Income | 1,014,857 | |||
Financial Results | 1,312,902 | |||
Income before Taxes | 2,327,759 | |||
Income tax expense, continuing operations | (613,097) | |||
NET INCOME | 1,714,661 | |||
Other Comprehensive Income | 16,552,523 | |||
TOTAL COMPREHENSIVE INCOME | $ 18,267,184 | |||
Enel Green Power Del Sur S p A [Member] | ||||
Disclosure Of Significant Investments In Subsidiaries [Line Items] | ||||
Type of Financial Statements | Separate | |||
Total Current Assets | $ 129,849,852 | |||
Total Non Current Assets | 655,431,547 | |||
TOTAL ASSETS | 785,281,399 | |||
Total Current Liabilities | 44,078,091 | |||
Non-current Liabilities | 467,399,245 | |||
Equity | 273,804,063 | |||
TOTAL LIABILITIES AND EQUITY | 785,281,399 | |||
Revenues | 94,473,391 | |||
Raw materials and consumables used | (21,024,045) | |||
Contribution Margin | 73,449,346 | |||
Gross Operating Income | 60,053,812 | |||
Operating Income | 37,537,228 | |||
Financial Results | (24,991,814) | |||
Income before Taxes | 12,545,413 | |||
Income tax expense, continuing operations | (3,455,173) | |||
NET INCOME | 9,090,240 | |||
Other Comprehensive Income | 34,497,623 | |||
TOTAL COMPREHENSIVE INCOME | $ 43,587,863 | |||
Grupo Enel Green Power [Member] | ||||
Disclosure Of Significant Investments In Subsidiaries [Line Items] | ||||
Type of Financial Statements | Consolidated | |||
Total Current Assets | $ 344,469,181 | |||
Total Non Current Assets | 1,628,444,820 | |||
TOTAL ASSETS | 1,972,914,001 | |||
Total Current Liabilities | 334,639,971 | |||
Non-current Liabilities | 768,719,376 | |||
Equity | 869,554,654 | |||
TOTAL LIABILITIES AND EQUITY | 1,972,914,001 | |||
Revenues | 183,008,879 | |||
Raw materials and consumables used | (22,330,367) | |||
Contribution Margin | 160,678,512 | |||
Gross Operating Income | 131,378,740 | |||
Operating Income | 69,236,957 | |||
Financial Results | (38,674,306) | |||
Income before Taxes | 30,471,438 | |||
Income tax expense, continuing operations | (8,837,176) | |||
NET INCOME | 21,634,262 | |||
Other Comprehensive Income | 173,923,954 | |||
TOTAL COMPREHENSIVE INCOME | $ 195,558,216 | |||
Grupo Enel Generacin Chile S.A [Member] | ||||
Disclosure Of Significant Investments In Subsidiaries [Line Items] | ||||
Type of Financial Statements | Consolidated | Consolidated | ||
Total Current Assets | $ 672,467,353 | $ 662,804,359 | ||
Total Non Current Assets | 2,996,760,726 | 2,891,657,830 | ||
TOTAL ASSETS | 3,669,228,079 | 3,554,462,189 | ||
Total Current Liabilities | 593,881,208 | 543,356,500 | ||
Non-current Liabilities | 1,077,855,824 | 1,022,091,737 | ||
Equity | 1,997,491,047 | 1,989,013,952 | ||
TOTAL LIABILITIES AND EQUITY | 3,669,228,079 | 3,554,462,189 | ||
Revenues | 1,529,364,081 | 1,634,937,088 | ||
Raw materials and consumables used | (818,284,050) | (903,978,007) | ||
Contribution Margin | 711,080,031 | 730,959,081 | ||
Gross Operating Income | 582,249,559 | 581,142,074 | ||
Operating Income | 464,383,396 | 463,860,015 | ||
Financial Results | (47,947,351) | (36,610,248) | ||
Income before Taxes | 423,152,001 | 537,641,733 | ||
Income tax expense, continuing operations | (104,946,765) | (112,099,519) | ||
NET INCOME | 318,205,236 | 425,542,214 | ||
Other Comprehensive Income | (106,994,091) | 67,663,516 | ||
TOTAL COMPREHENSIVE INCOME | $ 211,211,145 | $ 493,205,730 | ||
Grupo Gas Atacama Chile S A [Member] | ||||
Disclosure Of Significant Investments In Subsidiaries [Line Items] | ||||
Type of Financial Statements | Consolidated | Consolidated | ||
Total Current Assets | $ 154,726,337 | $ 182,143,224 | ||
Total Non Current Assets | 601,914,918 | 611,319,090 | ||
TOTAL ASSETS | 756,641,255 | 793,462,314 | ||
Total Current Liabilities | 61,155,091 | 75,370,131 | ||
Non-current Liabilities | 94,466,222 | 83,894,880 | ||
Equity | 601,019,942 | 634,197,303 | ||
TOTAL LIABILITIES AND EQUITY | 756,641,255 | 793,462,314 | ||
Revenues | 271,433,789 | 307,272,380 | ||
Raw materials and consumables used | (94,746,408) | (170,752,796) | ||
Contribution Margin | 176,687,381 | 136,519,584 | ||
Gross Operating Income | 146,123,452 | 106,213,750 | ||
Operating Income | 109,465,013 | 70,509,184 | ||
Financial Results | 1,808,644 | 1,432,674 | ||
Income before Taxes | 115,039,230 | 80,142,531 | ||
Income tax expense, continuing operations | (27,946,019) | (25,417,139) | ||
NET INCOME | 87,093,211 | 54,725,392 | ||
Other Comprehensive Income | (5,273,886) | (3,338,115) | ||
TOTAL COMPREHENSIVE INCOME | $ 81,819,325 | $ 51,387,277 |
Appendix 1 Details of assets _3
Appendix 1 Details of assets and Liabilities in Foreign Currency - Summary of Assets and Liabilities in Foreign Currency (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 |
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Cash and cash equivalents | $ 245,171,924 | $ 419,456,026 | $ 245,999,192 | $ 144,261,845 |
Other current financial assets | 40,303,173 | 20,627,062 | ||
Other current non-financial assets | 22,406,088 | 18,785,891 | ||
Trade and other current receivables | 478,170,067 | 406,968,537 | ||
Current accounts receivable from related parties | 54,171,060 | 71,856,046 | ||
Inventories | 56,961,643 | 39,686,942 | ||
TOTAL CURRENT ASSETS | 996,947,772 | 1,055,136,552 | ||
Other non-current financial assets | 7,269,669 | 33,418,204 | ||
Other non-current non-financial assets | 44,608,012 | 13,813,139 | ||
Trade and other non-current receivables | 60,527,843 | 36,182,399 | ||
Investments accounted for using the equity method | 12,873,531 | 16,912,454 | 18,738,198 | |
Intangible assets other than goodwill | 115,372,393 | 55,170,904 | 44,470,750 | |
Goodwill | 915,044,725 | 887,257,655 | 887,257,655 | |
Property, plant and equipment | 5,308,647,633 | 3,585,687,137 | 3,476,128,634 | |
Investment property | 7,557,356 | 8,356,772 | $ 8,128,522 | |
Deferred tax assets | 19,171,230 | 2,837,792 | ||
TOTAL NON-CURRENT ASSETS | 6,491,072,392 | 4,639,636,456 | ||
TOTAL ASSETS | 7,488,020,164 | 5,694,773,008 | ||
Other current financial liabilities | 410,665,815 | 18,815,448 | ||
Trade and other current payables | 554,286,324 | 555,978,518 | ||
Current accounts payable to related parties | 157,936,325 | 119,612,972 | ||
Other current provisions | 5,588,786 | 5,636,171 | ||
Current tax liabilities | 17,677,920 | 67,027,507 | ||
Other current non-financial liabilities | 71,308,982 | 49,746,030 | ||
Other non-current financial liabilities | 1,705,833,503 | 781,978,145 | ||
Trade and other non-current payables | 2,584,180 | 659,824 | ||
Non-current accounts payable to related parties | 447,193,802 | 318,518 | ||
Deferred tax liabilities | 278,080,054 | 172,223,681 | ||
Non-current provisions for employee benefits | 56,602,664 | 57,081,924 | ||
Other non-current non-financial liabilities | 226,653 | 309,776 | ||
TOTAL NON-CURRENT LIABILITIES | 2,596,392,231 | 1,090,994,705 | ||
TOTAL LIABILITIES | 3,813,856,383 | 1,907,811,351 | ||
Less than 90 Days [Member] | ||||
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Current accounts receivable from related parties | 157,936,325 | 119,612,972 | ||
Other current financial liabilities | 161,482,001 | 7,999,866 | ||
Trade and other current payables | 554,286,324 | 552,328,594 | ||
Other current provisions | 3,413,966 | 384,955 | ||
Current tax liabilities | 9,725,475 | 904,248 | ||
Other current non-financial liabilities | 71,308,982 | 38,520,088 | ||
TOTAL LIABILITIES | 958,153,073 | 719,750,723 | ||
More than 90 Days [Member] | ||||
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Other current financial liabilities | 249,183,814 | 10,815,582 | ||
Trade and other current payables | 3,649,924 | |||
Other current provisions | 2,174,820 | 5,251,216 | ||
Current tax liabilities | 7,952,445 | 66,123,259 | ||
Other current non-financial liabilities | 11,225,942 | |||
TOTAL LIABILITIES | 259,311,079 | 97,065,923 | ||
Foreign Currency USD [Member] | Less than 90 Days [Member] | ||||
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Other current financial liabilities | 161,481,999 | 7,999,743 | ||
Trade and other current payables | 44,138,753 | 16,184,962 | ||
Current accounts payable to related parties | 324,743 | 9,090,837 | ||
Other current provisions | 12,510 | |||
Current tax liabilities | 22,626 | |||
Other current non-financial liabilities | 2,766,862 | |||
Foreign Currency USD [Member] | More than 90 Days [Member] | ||||
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Other current financial liabilities | 4,304,811 | 3,888,150 | ||
Foreign Currency Euros [Member] | Less than 90 Days [Member] | ||||
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Trade and other current payables | 2,347,924 | 3,174,586 | ||
Current accounts payable to related parties | 82,619,960 | 28,830,246 | ||
Foreign Currency Chilean Peso Non Adjustable | Less than 90 Days [Member] | ||||
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Other current financial liabilities | 2 | 123 | ||
Trade and other current payables | 503,689,338 | 532,236,269 | ||
Current accounts payable to related parties | 74,991,622 | 81,602,552 | ||
Other current provisions | 3,376,789 | 339,536 | ||
Current tax liabilities | 9,702,849 | 757,479 | ||
Other current non-financial liabilities | 68,532,059 | 38,520,088 | ||
Foreign Currency Chilean Peso Non Adjustable | More than 90 Days [Member] | ||||
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Other current financial liabilities | 212,736,909 | |||
Trade and other current payables | 3,649,924 | |||
Other current provisions | 2,174,820 | 5,251,216 | ||
Current tax liabilities | 7,540,868 | 66,123,259 | ||
Other current non-financial liabilities | 11,225,942 | |||
Foreign Currency Argentine peso [member] | Less than 90 Days [Member] | ||||
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Trade and other current payables | 511,460 | 732,777 | ||
Current accounts payable to related parties | 74,740 | |||
Other current provisions | 24,667 | 45,419 | ||
Current tax liabilities | 146,769 | |||
Other current non-financial liabilities | 10,061 | |||
Foreign Currency Argentine peso [member] | More than 90 Days [Member] | ||||
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Current tax liabilities | 411,577 | |||
Foreign Currency U.F. [Member] | Less than 90 Days [Member] | ||||
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Trade and other current receivables | 3,598,849 | |||
Foreign Currency U.F. [Member] | More than 90 Days [Member] | ||||
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Other current financial liabilities | 32,142,094 | 6,927,432 | ||
Foreign Currency Colombian peso [Member] | Less than 90 Days [Member] | ||||
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Current accounts payable to related parties | 12,487 | |||
Foreign Currency Soles [Member] | Less than 90 Days [Member] | ||||
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Current accounts payable to related parties | 2,110 | |||
Details of Assets and Liabilities in Foreign Currency [Member] | ||||
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Cash and cash equivalents | 245,171,924 | 419,456,026 | ||
Other current financial assets | 40,303,173 | 20,627,062 | ||
Other current non-financial assets | 22,406,088 | 18,785,891 | ||
Trade and other current receivables | 478,170,067 | 406,968,537 | ||
Current accounts receivable from related parties | 54,171,060 | 71,856,046 | ||
Inventories | 56,961,643 | 39,686,942 | ||
Current tax assets | 99,763,817 | 77,756,048 | ||
TOTAL CURRENT ASSETS | 996,947,772 | 1,055,136,552 | ||
Other non-current financial assets | 7,269,669 | 33,418,204 | ||
Other non-current non-financial assets | 44,608,012 | 13,813,139 | ||
Trade and other non-current receivables | 60,527,843 | 36,182,399 | ||
Investments accounted for using the equity method | 12,873,531 | 16,912,454 | ||
Intangible assets other than goodwill | 115,372,393 | 55,170,904 | ||
Goodwill | 915,044,725 | 887,257,655 | ||
Property, plant and equipment | 5,308,647,633 | 3,585,687,137 | ||
Investment property | 7,557,356 | 8,356,772 | ||
Deferred tax assets | 19,171,230 | 2,837,792 | ||
TOTAL NON-CURRENT ASSETS | 6,491,072,392 | 4,639,636,456 | ||
TOTAL ASSETS | 7,488,020,164 | 5,694,773,008 | ||
Details of Assets and Liabilities in Foreign Currency [Member] | From One to Five Years [Member] | ||||
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Current accounts payable to related parties | 447,193,802 | 318,518 | ||
Other non-current financial liabilities | 367,293,521 | 51,932,458 | ||
Trade and other non-current payables | 2,584,180 | 659,824 | ||
Other long-term provisions | 42,349,208 | 52,318 | ||
Deferred tax liabilities | 134,078,768 | 55,844,982 | ||
Non-current provisions for employee benefits | 4,116,090 | 3,434,185 | ||
Other non-current non-financial liabilities | 226,653 | 309,776 | ||
TOTAL NON-CURRENT LIABILITIES | 997,842,222 | 112,552,061 | ||
TOTAL LIABILITIES | 1,955,995,295 | 832,302,784 | ||
Details of Assets and Liabilities in Foreign Currency [Member] | More Than Five Years [Member] | ||||
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Other non-current financial liabilities | 1,338,539,982 | |||
Other long-term provisions | 63,522,167 | |||
Deferred tax liabilities | 144,001,286 | |||
Non-current provisions for employee benefits | 52,486,574 | |||
TOTAL NON-CURRENT LIABILITIES | 1,598,550,009 | |||
TOTAL LIABILITIES | 1,857,861,088 | |||
Details of Assets and Liabilities in Foreign Currency [Member] | Foreign Currency USD [Member] | ||||
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Cash and cash equivalents | 16,575,872 | 14,016,336 | ||
Other current financial assets | 38,969,410 | 20,441,150 | ||
Other current non-financial assets | 2,832,782 | 902,026 | ||
Trade and other current receivables | 3,193,959 | 5,273,104 | ||
Current accounts receivable from related parties | 6,997,861 | 22,793,820 | ||
Inventories | 4,451,134 | |||
Current tax assets | 3,678 | |||
Other non-current financial assets | 4,227,628 | 30,789,705 | ||
Other non-current non-financial assets | 28,884,680 | 322,744 | ||
Trade and other non-current receivables | 17,074,839 | |||
Investments accounted for using the equity method | 46,639 | 3,783,316 | ||
Intangible assets other than goodwill | 44,865,424 | |||
Property, plant and equipment | 1,523,774,815 | |||
Deferred tax assets | 18,055,431 | |||
Details of Assets and Liabilities in Foreign Currency [Member] | Foreign Currency USD [Member] | From One to Five Years [Member] | ||||
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Current accounts payable to related parties | 447,193,802 | 318,518 | ||
Other non-current financial liabilities | 244,119,549 | 29,636,407 | ||
Trade and other non-current payables | 31,124 | 947 | ||
Other long-term provisions | 12,392,385 | |||
Deferred tax liabilities | 74,730,155 | |||
Non-current provisions for employee benefits | 532,225 | |||
Details of Assets and Liabilities in Foreign Currency [Member] | Foreign Currency USD [Member] | More Than Five Years [Member] | ||||
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Other non-current financial liabilities | 1,164,595,519 | |||
Details of Assets and Liabilities in Foreign Currency [Member] | Foreign Currency Euros [Member] | ||||
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Cash and cash equivalents | 103,847 | 11,594 | ||
Trade and other current receivables | 3,905 | |||
Current accounts receivable from related parties | 26,475,919 | 42,663,049 | ||
Details of Assets and Liabilities in Foreign Currency [Member] | Foreign Currency Chilean Peso Non Adjustable | ||||
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Cash and cash equivalents | 222,434,412 | 399,164,751 | ||
Other current financial assets | 644,618 | 185,912 | ||
Other current non-financial assets | 17,838,717 | 17,851,244 | ||
Trade and other current receivables | 474,941,686 | 399,483,872 | ||
Current accounts receivable from related parties | 20,673,951 | 6,399,177 | ||
Inventories | 52,510,509 | 39,686,942 | ||
Current tax assets | 99,614,294 | 77,609,523 | ||
Other non-current financial assets | 2,352,896 | 2,628,499 | ||
Other non-current non-financial assets | 15,505,329 | 12,326,385 | ||
Trade and other non-current receivables | 33,425,943 | 25,228,146 | ||
Investments accounted for using the equity method | 12,826,892 | 13,023,987 | ||
Intangible assets other than goodwill | 70,247,490 | 54,917,055 | ||
Goodwill | 915,044,725 | 887,257,655 | ||
Property, plant and equipment | 3,769,310,697 | 3,570,236,354 | ||
Investment property | 7,557,356 | 8,356,772 | ||
Deferred tax assets | 1,115,799 | 2,837,792 | ||
Details of Assets and Liabilities in Foreign Currency [Member] | Foreign Currency Chilean Peso Non Adjustable | From One to Five Years [Member] | ||||
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Trade and other non-current payables | 2,553,056 | 485,534 | ||
Other long-term provisions | 29,956,823 | 52,318 | ||
Deferred tax liabilities | 59,348,613 | 51,385,901 | ||
Non-current provisions for employee benefits | 3,583,865 | 3,434,185 | ||
Other non-current non-financial liabilities | 226,653 | 309,776 | ||
Details of Assets and Liabilities in Foreign Currency [Member] | Foreign Currency Chilean Peso Non Adjustable | More Than Five Years [Member] | ||||
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Other long-term provisions | 63,522,167 | |||
Deferred tax liabilities | 144,001,286 | |||
Non-current provisions for employee benefits | 52,486,574 | |||
Details of Assets and Liabilities in Foreign Currency [Member] | Foreign Currency Argentine peso [member] | ||||
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Cash and cash equivalents | 6,057,793 | 6,263,345 | ||
Other current non-financial assets | 917,718 | 32,621 | ||
Trade and other current receivables | 30,517 | 1,073,072 | ||
Current tax assets | 145,845 | 146,525 | ||
Other non-current non-financial assets | 218,003 | 378,940 | ||
Trade and other non-current receivables | 21,255 | 62,563 | ||
Investments accounted for using the equity method | 105,151 | |||
Intangible assets other than goodwill | 259,479 | 253,849 | ||
Property, plant and equipment | 15,562,121 | 15,450,783 | ||
Details of Assets and Liabilities in Foreign Currency [Member] | Foreign Currency Argentine peso [member] | From One to Five Years [Member] | ||||
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Trade and other non-current payables | 173,343 | |||
Deferred tax liabilities | 4,459,081 | |||
Details of Assets and Liabilities in Foreign Currency [Member] | Foreign Currency U.F. [Member] | ||||
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Other current financial assets | 689,145 | |||
Other current non-financial assets | 816,871 | |||
Trade and other current receivables | 1,138,489 | |||
Other non-current financial assets | 689,145 | |||
Other non-current non-financial assets | 785,070 | |||
Trade and other non-current receivables | 10,005,806 | 10,891,690 | ||
Details of Assets and Liabilities in Foreign Currency [Member] | Foreign Currency U.F. [Member] | From One to Five Years [Member] | ||||
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Other non-current financial liabilities | 123,173,972 | $ 22,296,051 | ||
Details of Assets and Liabilities in Foreign Currency [Member] | Foreign Currency U.F. [Member] | More Than Five Years [Member] | ||||
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Other non-current financial liabilities | 173,944,463 | |||
Details of Assets and Liabilities in Foreign Currency [Member] | Foreign Currency Real [Member] | ||||
Disclosure Of Assets And Liabilities By Currency [Line Items] | ||||
Current accounts receivable from related parties | $ 23,329 |
Appendix 2 Additional Informa_3
Appendix 2 Additional Information Oficio Circular (Official Bulletin) No. 715 of February 3, 2012 - Summary of Aging of Trade and Other Receivables (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | $ 417,927,182 | $ 380,379,326 |
Other receivables, Current | 60,242,885 | 26,589,211 |
Trade and other receivables, Current | 478,170,067 | 406,968,537 |
Trade receivables, Non-current | 2,046,845 | 1,917,828 |
Trade accounts receivable and other accounts receivable | 58,480,998 | 34,264,571 |
Trade and other receivables, Non-current | 60,527,843 | 36,182,399 |
Gross Carrying Amount [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 457,053,617 | 415,039,522 |
Other receivables, Current | 70,596,330 | 48,586,823 |
Trade and other receivables, Current | 527,649,947 | 463,626,345 |
Trade receivables, Non-current | 2,046,845 | 1,917,828 |
Trade accounts receivable and other accounts receivable | 58,480,998 | 34,264,571 |
Trade and other receivables, Non-current | 60,527,843 | 36,182,399 |
Oficio Circular Official Bulletin No715 | ||
Trade And Other Receivables [Line Items] | ||
Trade and other receivables, Current | 478,143,067 | 406,968,537 |
Trade and other receivables, Non-current | 60,527,843 | 36,182,399 |
Oficio Circular Official Bulletin No715 | Trade Receivables [Member] | ||
Trade And Other Receivables [Line Items] | ||
Allowance for doubtful accounts | (39,153,435) | (34,660,196) |
Oficio Circular Official Bulletin No715 | Other Receivables [Member] | ||
Trade And Other Receivables [Line Items] | ||
Allowance for doubtful accounts | (10,353,445) | (9,213,863) |
Oficio Circular Official Bulletin No715 | Gross Carrying Amount [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 457,053,617 | 415,039,522 |
Other receivables, Current | 70,596,330 | 35,803,074 |
Trade receivables, Non-current | 2,046,845 | 1,917,828 |
Trade accounts receivable and other accounts receivable | 58,480,998 | 34,264,571 |
Oficio Circular Official Bulletin No715 | Current Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other receivables, Current | 419,901,153 | 317,917,277 |
Oficio Circular Official Bulletin No715 | Current Portfolio [Member] | Trade Receivables [Member] | ||
Trade And Other Receivables [Line Items] | ||
Allowance for doubtful accounts | (1,309,684) | (89,762) |
Oficio Circular Official Bulletin No715 | Current Portfolio [Member] | Gross Carrying Amount [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 360,967,952 | 291,417,828 |
Other receivables, Current | 60,242,885 | 26,589,211 |
Oficio Circular Official Bulletin No715 | 1-30 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other receivables, Current | 26,276,061 | 33,399,262 |
Oficio Circular Official Bulletin No715 | 1-30 days [Member] | Trade Receivables [Member] | ||
Trade And Other Receivables [Line Items] | ||
Allowance for doubtful accounts | (244,773) | (231,131) |
Oficio Circular Official Bulletin No715 | 1-30 days [Member] | Gross Carrying Amount [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 26,520,834 | 33,630,393 |
Oficio Circular Official Bulletin No715 | 31-60 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other receivables, Current | 7,805,361 | 17,293,165 |
Oficio Circular Official Bulletin No715 | 31-60 days [Member] | Trade Receivables [Member] | ||
Trade And Other Receivables [Line Items] | ||
Allowance for doubtful accounts | (260,401) | (213,455) |
Oficio Circular Official Bulletin No715 | 31-60 days [Member] | Gross Carrying Amount [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 8,065,762 | 17,506,620 |
Oficio Circular Official Bulletin No715 | 61 - 90 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other receivables, Current | 3,629,840 | 3,796,047 |
Oficio Circular Official Bulletin No715 | 61 - 90 days [Member] | Trade Receivables [Member] | ||
Trade And Other Receivables [Line Items] | ||
Allowance for doubtful accounts | (317,546) | (200,097) |
Oficio Circular Official Bulletin No715 | 61 - 90 days [Member] | Gross Carrying Amount [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 3,947,386 | 3,996,144 |
Oficio Circular Official Bulletin No715 | 91 - 120 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other receivables, Current | 1,677,284 | 1,965,584 |
Oficio Circular Official Bulletin No715 | 91 - 120 days [Member] | Trade Receivables [Member] | ||
Trade And Other Receivables [Line Items] | ||
Allowance for doubtful accounts | (419,163) | (223,821) |
Oficio Circular Official Bulletin No715 | 91 - 120 days [Member] | Gross Carrying Amount [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 2,096,447 | 2,189,405 |
Oficio Circular Official Bulletin No715 | 121-150 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other receivables, Current | 877,649 | 4,388,548 |
Oficio Circular Official Bulletin No715 | 121-150 days [Member] | Trade Receivables [Member] | ||
Trade And Other Receivables [Line Items] | ||
Allowance for doubtful accounts | (523,349) | (176,789) |
Oficio Circular Official Bulletin No715 | 121-150 days [Member] | Gross Carrying Amount [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 1,400,998 | 4,565,337 |
Oficio Circular Official Bulletin No715 | 151-180 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other receivables, Current | 1,361,556 | 2,654,063 |
Oficio Circular Official Bulletin No715 | 151-180 days [Member] | Trade Receivables [Member] | ||
Trade And Other Receivables [Line Items] | ||
Allowance for doubtful accounts | (584,135) | (207,518) |
Oficio Circular Official Bulletin No715 | 151-180 days [Member] | Gross Carrying Amount [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 1,945,691 | 2,861,581 |
Oficio Circular Official Bulletin No715 | 181-210 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other receivables, Current | 894,385 | 1,556,493 |
Oficio Circular Official Bulletin No715 | 181-210 days [Member] | Trade Receivables [Member] | ||
Trade And Other Receivables [Line Items] | ||
Allowance for doubtful accounts | (634,104) | (914,480) |
Oficio Circular Official Bulletin No715 | 181-210 days [Member] | Gross Carrying Amount [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 1,528,489 | 2,470,973 |
Oficio Circular Official Bulletin No715 | 211-250 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other receivables, Current | 777,678 | 1,663,913 |
Oficio Circular Official Bulletin No715 | 211-250 days [Member] | Trade Receivables [Member] | ||
Trade And Other Receivables [Line Items] | ||
Allowance for doubtful accounts | (2,085,824) | (133,045) |
Oficio Circular Official Bulletin No715 | 211-250 days [Member] | Gross Carrying Amount [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 2,863,502 | 1,796,958 |
Oficio Circular Official Bulletin No715 | More than 251 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other receivables, Current | 14,942,100 | 22,334,185 |
Oficio Circular Official Bulletin No715 | More than 251 days [Member] | Trade Receivables [Member] | ||
Trade And Other Receivables [Line Items] | ||
Allowance for doubtful accounts | (32,774,456) | (32,270,098) |
Oficio Circular Official Bulletin No715 | More than 251 days [Member] | Other Receivables [Member] | ||
Trade And Other Receivables [Line Items] | ||
Allowance for doubtful accounts | (10,353,445) | (9,213,863) |
Oficio Circular Official Bulletin No715 | More than 251 days [Member] | Gross Carrying Amount [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 47,716,556 | 54,604,283 |
Other receivables, Current | $ 10,353,445 | $ 9,213,863 |
Appendix 2 Additional Informa_4
Appendix 2 Additional Information Oficio Circular (Official Bulletin) No. 715 of February 3, 2012 - Summary of Trade and Other Receivables by Type of Portfolio (Detail) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018CLP ($)customer | Dec. 31, 2017CLP ($)customer | |
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 4,114 | 4,646 |
Gross Amount | $ 478,170,067 | $ 406,968,537 |
Oficio Circular Official Bulletin No715 | ||
Trade And Other Receivables [Line Items] | ||
Gross Amount | $ 478,143,067 | $ 406,968,537 |
Oficio Circular Official Bulletin No715 | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 1,900,400 | 1,914,448 |
Gross Amount | $ 447,898,905 | $ 398,280,396 |
Oficio Circular Official Bulletin No715 | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 79,789 | 96,770 |
Gross Amount | $ 11,201,557 | $ 18,676,954 |
Oficio Circular Official Bulletin No715 | Gross Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 1,980,189 | 2,011,218 |
Gross Amount | $ 459,100,462 | $ 416,957,350 |
Oficio Circular Official Bulletin No715 | Current Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Gross Amount | $ 419,901,153 | $ 317,917,277 |
Oficio Circular Official Bulletin No715 | Current Portfolio [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 1,370,536 | 1,145,472 |
Gross Amount | $ 353,865,825 | $ 288,681,858 |
Oficio Circular Official Bulletin No715 | Current Portfolio [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 42,898 | 52,679 |
Gross Amount | $ 9,101,666 | $ 4,653,798 |
Oficio Circular Official Bulletin No715 | Current Portfolio [Member] | Gross Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 1,413,434 | 1,198,151 |
Gross Amount | $ 362,967,491 | $ 293,335,656 |
Oficio Circular Official Bulletin No715 | 1-30 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Gross Amount | $ 26,276,061 | $ 33,399,262 |
Oficio Circular Official Bulletin No715 | 1-30 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 390,536 | 451,929 |
Gross Amount | $ 25,894,683 | $ 30,202,328 |
Oficio Circular Official Bulletin No715 | 1-30 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 19,304 | 22,869 |
Gross Amount | $ 626,151 | $ 3,428,065 |
Oficio Circular Official Bulletin No715 | 1-30 days [Member] | Gross Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 409,840 | 474,798 |
Gross Amount | $ 26,520,834 | $ 33,630,393 |
Oficio Circular Official Bulletin No715 | 31-60 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Gross Amount | $ 7,805,361 | $ 17,293,165 |
Oficio Circular Official Bulletin No715 | 31-60 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 83,029 | 133,114 |
Gross Amount | $ 7,864,638 | $ 15,573,493 |
Oficio Circular Official Bulletin No715 | 31-60 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 6,649 | 8,780 |
Gross Amount | $ 201,124 | $ 1,933,127 |
Oficio Circular Official Bulletin No715 | 31-60 days [Member] | Gross Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 89,678 | 141,894 |
Gross Amount | $ 8,065,762 | $ 17,506,620 |
Oficio Circular Official Bulletin No715 | 61 - 90 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Gross Amount | $ 3,629,840 | $ 3,796,047 |
Oficio Circular Official Bulletin No715 | 61 - 90 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 14,466 | 22,305 |
Gross Amount | $ 3,827,182 | $ 3,228,258 |
Oficio Circular Official Bulletin No715 | 61 - 90 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 2,014 | 2,795 |
Gross Amount | $ 120,204 | $ 767,886 |
Oficio Circular Official Bulletin No715 | 61 - 90 days [Member] | Gross Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 16,480 | 25,100 |
Gross Amount | $ 3,947,386 | $ 3,996,144 |
Oficio Circular Official Bulletin No715 | 91 - 120 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Gross Amount | $ 1,677,284 | $ 1,965,584 |
Oficio Circular Official Bulletin No715 | 91 - 120 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 7,515 | 9,505 |
Gross Amount | $ 2,007,221 | $ 1,817,086 |
Oficio Circular Official Bulletin No715 | 91 - 120 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 1,182 | 1,422 |
Gross Amount | $ 89,226 | $ 372,319 |
Oficio Circular Official Bulletin No715 | 91 - 120 days [Member] | Gross Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 8,697 | 10,927 |
Gross Amount | $ 2,096,447 | $ 2,189,405 |
Oficio Circular Official Bulletin No715 | One hundred and twenty one to three Hundred sixty five days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 4,393 | 7,118 |
Gross Amount | $ 1,266,995 | $ 4,216,619 |
Oficio Circular Official Bulletin No715 | One hundred and twenty one to three Hundred sixty five days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 892 | 1,093 |
Gross Amount | $ 134,003 | $ 348,718 |
Oficio Circular Official Bulletin No715 | One hundred and twenty one to three Hundred sixty five days [Member] | Gross Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 5,285 | 8,211 |
Gross Amount | $ 1,400,998 | $ 4,565,337 |
Oficio Circular Official Bulletin No715 | 151-180 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Gross Amount | $ 1,361,556 | $ 2,654,063 |
Oficio Circular Official Bulletin No715 | 151-180 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 3,007 | 5,333 |
Gross Amount | $ 1,697,721 | $ 2,526,954 |
Oficio Circular Official Bulletin No715 | 151-180 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 459 | 699 |
Gross Amount | $ 247,970 | $ 334,627 |
Oficio Circular Official Bulletin No715 | 151-180 days [Member] | Gross Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 3,466 | 6,032 |
Gross Amount | $ 1,945,691 | $ 2,861,581 |
Oficio Circular Official Bulletin No715 | 181-210 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Gross Amount | $ 894,385 | $ 1,556,493 |
Oficio Circular Official Bulletin No715 | 181-210 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 2,805 | 10,103 |
Gross Amount | $ 1,446,409 | $ 2,127,005 |
Oficio Circular Official Bulletin No715 | 181-210 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 311 | 446 |
Gross Amount | $ 82,080 | $ 343,968 |
Oficio Circular Official Bulletin No715 | 181-210 days [Member] | Gross Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 3,116 | 10,549 |
Gross Amount | $ 1,528,489 | $ 2,470,973 |
Oficio Circular Official Bulletin No715 | 211-250 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Gross Amount | $ 777,678 | $ 1,663,913 |
Oficio Circular Official Bulletin No715 | 211-250 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 3,237 | 3,979 |
Gross Amount | $ 2,772,883 | $ 1,599,571 |
Oficio Circular Official Bulletin No715 | 211-250 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 311 | 394 |
Gross Amount | $ 90,619 | $ 197,387 |
Oficio Circular Official Bulletin No715 | 211-250 days [Member] | Gross Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 3,548 | 4,373 |
Gross Amount | $ 2,863,502 | $ 1,796,958 |
Oficio Circular Official Bulletin No715 | More than 251 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Gross Amount | $ 14,942,100 | $ 22,334,185 |
Oficio Circular Official Bulletin No715 | More than 251 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 20,876 | 125,590 |
Gross Amount | $ 47,255,348 | $ 48,307,224 |
Oficio Circular Official Bulletin No715 | More than 251 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 5,769 | 5,593 |
Gross Amount | $ 508,514 | $ 6,297,059 |
Oficio Circular Official Bulletin No715 | More than 251 days [Member] | Gross Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Number of Customers | customer | 26,645 | 131,183 |
Gross Amount | $ 47,763,862 | $ 54,604,283 |
Appendix 2 Additional Informa_5
Appendix 2 Additional Information Oficio Circular (Official Bulletin) No. 715 of February 3, 2012 - Summary of Portfolio in Default and in Legal Collection Process of Notes Receivable (Detail) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018CLP ($)customer | Dec. 31, 2017CLP ($)customer | |
Portfolio In Default And In Legal Collection Process [Line Items] | ||
Number of Customers | customer | 4,114 | 4,646 |
Amount | $ | $ 10,708,755 | $ 6,301,230 |
Notes receivable in default [Member] | ||
Portfolio In Default And In Legal Collection Process [Line Items] | ||
Number of Customers | customer | 1,876 | 1,902 |
Amount | $ | $ 258,372 | $ 259,560 |
Notes receivable in legal collection process [Member] | ||
Portfolio In Default And In Legal Collection Process [Line Items] | ||
Number of Customers | customer | 2,238 | 2,744 |
Amount | $ | $ 10,450,383 | $ 6,041,670 |
Appendix 2 Additional Informa_6
Appendix 2 Additional Information Oficio Circular (Official Bulletin) No. 715 of February 3, 2012 - Summary of Provisions and Write-offs Portfolio (Detail) - CLP ($) $ in Thousands | 12 Months Ended | |
Dec. 31, 2018 | Dec. 31, 2017 | |
Provisions And Writeoffs For Portfolio [Line Items] | ||
Provisions and Write-offs | $ 4,777,708 | $ 7,937,817 |
Non-renegotiated Portfolio [Member] | ||
Provisions And Writeoffs For Portfolio [Line Items] | ||
Provisions and Write-offs | 2,312,966 | 7,928,877 |
Renegotiated Portfolio [Member] | ||
Provisions And Writeoffs For Portfolio [Line Items] | ||
Provisions and Write-offs | 2,461,643 | $ 8,940 |
Recoveries [Member] | ||
Provisions And Writeoffs For Portfolio [Line Items] | ||
Provisions and Write-offs | $ 3,099 |
Appendix 2 Additional Informa_7
Appendix 2 Additional Information Oficio Circular (Official Bulletin) No. 715 of February 3, 2012 - Summary of Number and Value of Operations (Detail) $ in Thousands | 3 Months Ended | 12 Months Ended | ||
Dec. 31, 2017CLP ($)item | Dec. 31, 2016CLP ($)item | Dec. 31, 2018CLP ($)item | Dec. 31, 2017CLP ($)item | |
Impairment Provisions And Recoveries [Abstract] | ||||
Number of operations | item | 7,357 | 5,376 | 19,810 | 46,484 |
Value of operations | $ | $ 1,596,443 | $ 4,058,212 | $ 4,777,708 | $ 7,937,817 |
Appendix 2.1 Additional Informa
Appendix 2.1 Additional Information Oficio Circular (Official Bulletin) No. 715 of February 3, 2012 - Summary of Trade Receivables by Aging (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | $ 417,927,182 | $ 380,379,326 |
Trade and other receivables, Current | 478,170,067 | 406,968,537 |
Trade receivables, Non-current | 2,046,845 | 1,917,828 |
Trade and other receivables, Non-current | 60,527,843 | 36,182,399 |
Gross Carrying Amount [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 457,053,617 | 415,039,522 |
Trade and other receivables, Current | 527,649,947 | 463,626,345 |
Trade receivables, Non-current | 2,046,845 | 1,917,828 |
Trade and other receivables, Non-current | 60,527,843 | 36,182,399 |
Portfolio stratification [Member] | ||
Trade And Other Receivables [Line Items] | ||
Allowance for doubtful accounts | (34,660,196) | |
Trade and other receivables, Current | 380,379,326 | |
Trade receivables, Non-current | 2,046,845 | 1,917,828 |
Portfolio stratification [Member] | Gross Carrying Amount [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 415,039,522 | |
Trade receivables, Non-current | 2,046,845 | 1,917,828 |
Portfolio stratification [Member] | Current Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Allowance for doubtful accounts | (1,309,684) | (89,762) |
Trade and other receivables, Current | 359,658,268 | 291,328,066 |
Portfolio stratification [Member] | Current Portfolio [Member] | Gross Carrying Amount [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 360,967,952 | 291,417,828 |
Portfolio stratification [Member] | 1-30 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Allowance for doubtful accounts | (244,773) | (231,131) |
Trade and other receivables, Current | 26,276,061 | 33,399,262 |
Portfolio stratification [Member] | 1-30 days [Member] | Gross Carrying Amount [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 26,520,834 | 33,630,393 |
Portfolio stratification [Member] | 31-60 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Allowance for doubtful accounts | (260,401) | (213,455) |
Trade and other receivables, Current | 7,805,361 | 17,293,165 |
Portfolio stratification [Member] | 31-60 days [Member] | Gross Carrying Amount [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 8,065,762 | 17,506,620 |
Portfolio stratification [Member] | 61 - 90 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Allowance for doubtful accounts | (317,546) | |
Trade and other receivables, Current | 3,629,840 | |
Portfolio stratification [Member] | 61 - 90 days [Member] | Gross Carrying Amount [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 3,947,386 | |
Portfolio stratification [Member] | 91 - 120 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Allowance for doubtful accounts | (419,163) | (223,821) |
Trade and other receivables, Current | 1,677,284 | 1,965,584 |
Portfolio stratification [Member] | 91 - 120 days [Member] | Gross Carrying Amount [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 2,096,447 | 2,189,405 |
Portfolio stratification [Member] | 121-150 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Allowance for doubtful accounts | (523,349) | (176,789) |
Trade and other receivables, Current | 877,649 | 4,388,548 |
Portfolio stratification [Member] | 121-150 days [Member] | Gross Carrying Amount [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 1,400,998 | 4,565,337 |
Portfolio stratification [Member] | 151-180 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Allowance for doubtful accounts | (584,135) | (207,518) |
Trade and other receivables, Current | 1,361,556 | 2,654,063 |
Portfolio stratification [Member] | 151-180 days [Member] | Gross Carrying Amount [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 1,945,691 | 2,861,581 |
Portfolio stratification [Member] | 181-210 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Allowance for doubtful accounts | (634,104) | (914,480) |
Trade and other receivables, Current | 894,385 | 1,556,493 |
Portfolio stratification [Member] | 181-210 days [Member] | Gross Carrying Amount [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 1,528,489 | 2,470,973 |
Portfolio stratification [Member] | 211-250 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Allowance for doubtful accounts | (2,085,824) | (133,045) |
Trade and other receivables, Current | 777,678 | 1,663,913 |
Portfolio stratification [Member] | 211-250 days [Member] | Gross Carrying Amount [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 2,863,502 | 1,796,958 |
Portfolio stratification [Member] | More than 251 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Allowance for doubtful accounts | (32,747,456) | (32,270,098) |
Trade and other receivables, Current | 14,969,100 | 22,334,185 |
Portfolio stratification [Member] | More than 251 days [Member] | Gross Carrying Amount [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 47,716,556 | 54,604,283 |
Portfolio stratification [Member] | More than 365 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Allowance for doubtful accounts | (39,126,435) | |
Trade and other receivables, Current | 417,927,182 | |
Portfolio stratification [Member] | More than 365 days [Member] | Gross Carrying Amount [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 457,053,617 | |
Portfolio stratification [Member] | 61-90 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Allowance for doubtful accounts | (200,097) | |
Trade and other receivables, Current | 3,796,047 | |
Portfolio stratification [Member] | 61-90 days [Member] | Gross Carrying Amount [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 3,996,144 | |
Portfolio stratification [Member] | Trade receivables, generation [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 194,311,533 | |
Allowance for doubtful accounts | (1,258,817) | |
Trade receivables, Non-current | 21,255 | 62,563 |
Portfolio stratification [Member] | Trade receivables, generation [Member] | Large customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 195,525,065 | |
Portfolio stratification [Member] | Trade receivables, generation [Member] | Others [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 45,285 | |
Trade receivables, Non-current | 21,255 | 62,563 |
Portfolio stratification [Member] | Trade receivables, generation [Member] | Current Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 206,893,035 | 186,769,753 |
Allowance for doubtful accounts | (21,736) | |
Portfolio stratification [Member] | Trade receivables, generation [Member] | Current Portfolio [Member] | Large customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 198,424,050 | 186,724,468 |
Portfolio stratification [Member] | Trade receivables, generation [Member] | Current Portfolio [Member] | Others [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 8,468,985 | 45,285 |
Portfolio stratification [Member] | Trade receivables, generation [Member] | 1-30 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 1,155,988 | 3,057,994 |
Portfolio stratification [Member] | Trade receivables, generation [Member] | 1-30 days [Member] | Large customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 671,037 | 3,057,994 |
Portfolio stratification [Member] | Trade receivables, generation [Member] | 1-30 days [Member] | Others [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 484,951 | |
Portfolio stratification [Member] | Trade receivables, generation [Member] | 31-60 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 1,453,308 | 333,079 |
Portfolio stratification [Member] | Trade receivables, generation [Member] | 31-60 days [Member] | Large customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 248,135 | 333,079 |
Portfolio stratification [Member] | Trade receivables, generation [Member] | 31-60 days [Member] | Others [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 1,205,173 | |
Portfolio stratification [Member] | Trade receivables, generation [Member] | 61 - 90 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 708,552 | |
Portfolio stratification [Member] | Trade receivables, generation [Member] | 61 - 90 days [Member] | Large customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 140,571 | |
Portfolio stratification [Member] | Trade receivables, generation [Member] | 61 - 90 days [Member] | Others [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 567,981 | |
Portfolio stratification [Member] | Trade receivables, generation [Member] | 91 - 120 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 203,487 | 10,021 |
Portfolio stratification [Member] | Trade receivables, generation [Member] | 91 - 120 days [Member] | Large customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 224 | 10,021 |
Portfolio stratification [Member] | Trade receivables, generation [Member] | 91 - 120 days [Member] | Others [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 203,263 | |
Portfolio stratification [Member] | Trade receivables, generation [Member] | 121-150 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 7,836 | 42,015 |
Portfolio stratification [Member] | Trade receivables, generation [Member] | 121-150 days [Member] | Large customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 7,274 | 42,015 |
Portfolio stratification [Member] | Trade receivables, generation [Member] | 121-150 days [Member] | Others [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 562 | |
Portfolio stratification [Member] | Trade receivables, generation [Member] | 151-180 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 39,787 | 334,298 |
Portfolio stratification [Member] | Trade receivables, generation [Member] | 151-180 days [Member] | Large customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 39,001 | 334,298 |
Portfolio stratification [Member] | Trade receivables, generation [Member] | 151-180 days [Member] | Others [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 786 | |
Portfolio stratification [Member] | Trade receivables, generation [Member] | 181-210 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 483,751 | 399,552 |
Portfolio stratification [Member] | Trade receivables, generation [Member] | 181-210 days [Member] | Large customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 43,681 | 399,552 |
Portfolio stratification [Member] | Trade receivables, generation [Member] | 181-210 days [Member] | Others [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 440,070 | |
Portfolio stratification [Member] | Trade receivables, generation [Member] | 211-250 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 153,929 | 228,498 |
Portfolio stratification [Member] | Trade receivables, generation [Member] | 211-250 days [Member] | Large customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 56,046 | 228,498 |
Portfolio stratification [Member] | Trade receivables, generation [Member] | 211-250 days [Member] | Others [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 97,883 | |
Portfolio stratification [Member] | Trade receivables, generation [Member] | More than 251 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 6,715,665 | 2,857,223 |
Allowance for doubtful accounts | (1,505,948) | (1,258,817) |
Portfolio stratification [Member] | Trade receivables, generation [Member] | More than 251 days [Member] | Large customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 5,835,279 | 4,116,040 |
Portfolio stratification [Member] | Trade receivables, generation [Member] | More than 251 days [Member] | Others [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 880,386 | |
Portfolio stratification [Member] | Trade receivables, generation [Member] | More than 365 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 217,815,338 | |
Allowance for doubtful accounts | (1,527,684) | |
Portfolio stratification [Member] | Trade receivables, generation [Member] | More than 365 days [Member] | Large customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 205,465,298 | |
Portfolio stratification [Member] | Trade receivables, generation [Member] | More than 365 days [Member] | Others [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 12,350,040 | |
Portfolio stratification [Member] | Trade receivables, generation [Member] | 61-90 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 279,100 | |
Portfolio stratification [Member] | Trade receivables, generation [Member] | 61-90 days [Member] | Large customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 279,100 | |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 219,469,172 | |
Allowance for doubtful accounts | (33,401,379) | |
Trade receivables, Non-current | 2,025,590 | 1,855,265 |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | Large customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 46,268,655 | |
Trade receivables, Non-current | 24,635 | |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | Institutional customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 20,269,884 | |
Trade receivables, Non-current | 73,844 | |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | Mass-market Customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 152,930,633 | |
Trade receivables, Non-current | 2,000,955 | 1,781,421 |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | Current Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 154,074,917 | 104,648,075 |
Allowance for doubtful accounts | (1,287,948) | (89,762) |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | Current Portfolio [Member] | Large customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 38,529,866 | 17,771,942 |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | Current Portfolio [Member] | Institutional customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 6,592,329 | 2,284,317 |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | Current Portfolio [Member] | Mass-market Customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 108,952,722 | 84,591,816 |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 1-30 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 25,364,846 | 30,572,399 |
Allowance for doubtful accounts | (244,773) | (231,131) |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 1-30 days [Member] | Large customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 6,924,749 | 6,565,888 |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 1-30 days [Member] | Institutional customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 1,778,266 | 1,858,506 |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 1-30 days [Member] | Mass-market Customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 16,661,831 | 22,148,005 |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 31-60 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 6,612,454 | 17,173,541 |
Allowance for doubtful accounts | (260,401) | (213,455) |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 31-60 days [Member] | Large customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 1,662,569 | 4,987,871 |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 31-60 days [Member] | Institutional customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 1,378,215 | 1,485,719 |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 31-60 days [Member] | Mass-market Customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 3,571,670 | 10,699,951 |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 61 - 90 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 3,238,834 | |
Allowance for doubtful accounts | (317,546) | |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 61 - 90 days [Member] | Large customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 1,225,278 | |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 61 - 90 days [Member] | Institutional customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 586,415 | |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 61 - 90 days [Member] | Mass-market Customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 1,427,141 | |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 91 - 120 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 1,892,960 | 2,179,384 |
Allowance for doubtful accounts | (419,163) | (223,821) |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 91 - 120 days [Member] | Large customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 102,522 | 168,838 |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 91 - 120 days [Member] | Institutional customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 714,150 | 352,568 |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 91 - 120 days [Member] | Mass-market Customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 1,076,288 | 1,657,978 |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 121-150 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 1,393,162 | 4,523,322 |
Allowance for doubtful accounts | (523,349) | (176,789) |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 121-150 days [Member] | Large customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 475 | 1,809,919 |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 121-150 days [Member] | Institutional customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 542,116 | 1,481,759 |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 121-150 days [Member] | Mass-market Customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 850,571 | 1,231,644 |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 151-180 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 1,905,904 | 2,527,283 |
Allowance for doubtful accounts | (584,135) | (207,518) |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 151-180 days [Member] | Large customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 918,487 | 357,379 |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 151-180 days [Member] | Institutional customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 272,243 | 1,251,547 |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 151-180 days [Member] | Mass-market Customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 715,174 | 918,357 |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 181-210 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 1,044,738 | 2,071,421 |
Allowance for doubtful accounts | (634,104) | (914,480) |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 181-210 days [Member] | Large customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 124,385 | 30,481 |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 181-210 days [Member] | Institutional customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 388,845 | 340,335 |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 181-210 days [Member] | Mass-market Customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 531,508 | 1,700,605 |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 211-250 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 2,709,573 | 1,568,460 |
Allowance for doubtful accounts | (2,085,824) | (133,045) |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 211-250 days [Member] | Large customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 164,424 | 7,237 |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 211-250 days [Member] | Institutional customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 349,255 | 994,071 |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 211-250 days [Member] | Mass-market Customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 2,195,894 | 567,152 |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | More than 251 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 41,000,891 | 50,488,243 |
Allowance for doubtful accounts | (31,241,508) | (31,011,281) |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | More than 251 days [Member] | Large customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 7,945,564 | 13,628,346 |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | More than 251 days [Member] | Institutional customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 7,559,034 | 9,709,399 |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | More than 251 days [Member] | Mass-market Customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 25,496,293 | 27,150,498 |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | More than 365 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 239,238,279 | |
Allowance for doubtful accounts | (37,598,751) | |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | More than 365 days [Member] | Large customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 57,598,319 | |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | More than 365 days [Member] | Institutional customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 20,160,868 | |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | More than 365 days [Member] | Mass-market Customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | $ 161,479,092 | |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 61-90 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 3,717,044 | |
Allowance for doubtful accounts | (200,097) | |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 61-90 days [Member] | Large customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 940,754 | |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 61-90 days [Member] | Institutional customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | 511,663 | |
Portfolio stratification [Member] | Trade receivables, distribution [Member] | 61-90 days [Member] | Mass-market Customers [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade receivables, Current | $ 2,264,627 |
Appendix 2.1 Additional Infor_2
Appendix 2.1 Additional Information Oficio Circular (Official Bulletin) No. 715 of February 3, 2012 - Summary of Type of Portfolio (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | $ 478,170,067 | $ 406,968,537 |
Non-current receivables | 60,527,843 | 36,182,399 |
Gross Carrying Amount [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 527,649,947 | 463,626,345 |
Non-current receivables | 60,527,843 | 36,182,399 |
Portfolio By Type | Gross Carrying Amount [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 457,053,617 | 415,039,522 |
Non-current receivables | 2,046,845 | 1,917,828 |
Portfolio By Type | Gross Carrying Amount [Member] | 1-30 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 26,520,834 | 33,630,393 |
Portfolio By Type | Gross Carrying Amount [Member] | 31-60 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 8,065,762 | 17,506,620 |
Portfolio By Type | Gross Carrying Amount [Member] | 61-90 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 3,996,144 | |
Portfolio By Type | Gross Carrying Amount [Member] | 61 - 90 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 3,947,386 | |
Portfolio By Type | Gross Carrying Amount [Member] | 91 - 120 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 2,096,447 | 2,189,405 |
Portfolio By Type | Gross Carrying Amount [Member] | 121-150 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 1,400,998 | 4,565,337 |
Portfolio By Type | Gross Carrying Amount [Member] | 151-180 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 1,945,691 | 2,861,581 |
Portfolio By Type | Gross Carrying Amount [Member] | 181-210 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 1,528,489 | 2,470,973 |
Portfolio By Type | Gross Carrying Amount [Member] | 211-250 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 2,863,502 | 1,796,958 |
Portfolio By Type | Gross Carrying Amount [Member] | More than 251 days [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 47,716,556 | 54,604,283 |
Portfolio By Type | Gross Carrying Amount [Member] | Current Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 360,967,952 | 291,372,543 |
Portfolio By Type | Trade receivables, generation [Member] | 1-30 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 1,155,988 | 3,057,994 |
Portfolio By Type | Trade receivables, generation [Member] | 31-60 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 1,453,308 | 333,079 |
Portfolio By Type | Trade receivables, generation [Member] | 61-90 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 279,100 | |
Portfolio By Type | Trade receivables, generation [Member] | 61 - 90 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 708,552 | |
Portfolio By Type | Trade receivables, generation [Member] | 91 - 120 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 203,487 | 10,021 |
Portfolio By Type | Trade receivables, generation [Member] | 121-150 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 7,836 | 42,015 |
Portfolio By Type | Trade receivables, generation [Member] | 151-180 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 39,787 | 334,298 |
Portfolio By Type | Trade receivables, generation [Member] | 181-210 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 483,751 | 399,552 |
Portfolio By Type | Trade receivables, generation [Member] | 211-250 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 153,929 | 228,498 |
Portfolio By Type | Trade receivables, generation [Member] | More than 251 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 6,715,665 | 4,116,040 |
Portfolio By Type | Trade receivables, generation [Member] | Current Portfolio [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 206,862,868 | 186,724,468 |
Portfolio By Type | Trade receivables, generation [Member] | Current Portfolio [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 30,167 | 45,285 |
Portfolio By Type | Trade receivables, generation [Member] | Large customers [Member] | 1-30 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 671,037 | 3,057,994 |
Portfolio By Type | Trade receivables, generation [Member] | Large customers [Member] | 31-60 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 248,135 | 333,079 |
Portfolio By Type | Trade receivables, generation [Member] | Large customers [Member] | 61-90 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 279,100 | |
Portfolio By Type | Trade receivables, generation [Member] | Large customers [Member] | 61 - 90 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 140,571 | |
Portfolio By Type | Trade receivables, generation [Member] | Large customers [Member] | 91 - 120 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 224 | 10,021 |
Portfolio By Type | Trade receivables, generation [Member] | Large customers [Member] | 121-150 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 7,274 | 42,015 |
Portfolio By Type | Trade receivables, generation [Member] | Large customers [Member] | 151-180 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 39,001 | 334,298 |
Portfolio By Type | Trade receivables, generation [Member] | Large customers [Member] | 181-210 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 43,681 | 399,552 |
Portfolio By Type | Trade receivables, generation [Member] | Large customers [Member] | 211-250 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 56,046 | 228,498 |
Portfolio By Type | Trade receivables, generation [Member] | Large customers [Member] | More than 251 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 5,835,279 | 4,116,040 |
Portfolio By Type | Trade receivables, generation [Member] | Large customers [Member] | Current Portfolio [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 198,424,050 | 186,724,468 |
Portfolio By Type | Trade receivables, generation [Member] | Others [Member] | 1-30 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 484,951 | |
Portfolio By Type | Trade receivables, generation [Member] | Others [Member] | 31-60 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 1,205,173 | |
Portfolio By Type | Trade receivables, generation [Member] | Others [Member] | 61 - 90 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 567,981 | |
Portfolio By Type | Trade receivables, generation [Member] | Others [Member] | 91 - 120 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 203,263 | |
Portfolio By Type | Trade receivables, generation [Member] | Others [Member] | 121-150 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 562 | |
Portfolio By Type | Trade receivables, generation [Member] | Others [Member] | 151-180 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 786 | |
Portfolio By Type | Trade receivables, generation [Member] | Others [Member] | 181-210 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 440,070 | |
Portfolio By Type | Trade receivables, generation [Member] | Others [Member] | 211-250 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 97,883 | |
Portfolio By Type | Trade receivables, generation [Member] | Others [Member] | More than 251 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 880,386 | |
Portfolio By Type | Trade receivables, generation [Member] | Others [Member] | Current Portfolio [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 8,438,818 | |
Portfolio By Type | Trade receivables, generation [Member] | Others [Member] | Current Portfolio [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 30,167 | 45,285 |
Portfolio By Type | Trade receivables, generation [Member] | Gross Carrying Amount [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 217,785,171 | 195,525,065 |
Portfolio By Type | Trade receivables, generation [Member] | Gross Carrying Amount [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 30,167 | 45,285 |
Non-current receivables | 21,255 | 62,563 |
Portfolio By Type | Trade receivables, generation [Member] | Gross Carrying Amount [Member] | Large customers [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 205,465,298 | 195,525,065 |
Portfolio By Type | Trade receivables, generation [Member] | Gross Carrying Amount [Member] | Others [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 12,319,873 | |
Portfolio By Type | Trade receivables, generation [Member] | Gross Carrying Amount [Member] | Others [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 30,167 | 45,285 |
Non-current receivables | 21,255 | 62,563 |
Portfolio By Type | Trade receivables, distribution [Member] | 1-30 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 24,738,695 | 27,144,334 |
Portfolio By Type | Trade receivables, distribution [Member] | 1-30 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 626,151 | 3,428,065 |
Portfolio By Type | Trade receivables, distribution [Member] | 31-60 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 6,411,330 | 15,240,414 |
Portfolio By Type | Trade receivables, distribution [Member] | 31-60 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 201,124 | 1,933,127 |
Portfolio By Type | Trade receivables, distribution [Member] | 61-90 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 2,949,158 | |
Portfolio By Type | Trade receivables, distribution [Member] | 61-90 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 767,886 | |
Portfolio By Type | Trade receivables, distribution [Member] | 61 - 90 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 3,118,630 | |
Portfolio By Type | Trade receivables, distribution [Member] | 61 - 90 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 120,204 | |
Portfolio By Type | Trade receivables, distribution [Member] | 91 - 120 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 1,803,734 | 1,807,065 |
Portfolio By Type | Trade receivables, distribution [Member] | 91 - 120 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 89,226 | 372,319 |
Portfolio By Type | Trade receivables, distribution [Member] | 121-150 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 1,259,159 | 4,174,604 |
Portfolio By Type | Trade receivables, distribution [Member] | 121-150 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 134,003 | 348,718 |
Portfolio By Type | Trade receivables, distribution [Member] | 151-180 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 1,657,934 | 2,192,656 |
Portfolio By Type | Trade receivables, distribution [Member] | 151-180 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 247,970 | 334,627 |
Portfolio By Type | Trade receivables, distribution [Member] | 181-210 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 962,658 | 1,727,453 |
Portfolio By Type | Trade receivables, distribution [Member] | 181-210 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 82,080 | 343,968 |
Portfolio By Type | Trade receivables, distribution [Member] | 211-250 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 2,618,954 | 1,371,073 |
Portfolio By Type | Trade receivables, distribution [Member] | 211-250 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 90,619 | 197,387 |
Portfolio By Type | Trade receivables, distribution [Member] | More than 251 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 40,492,377 | 44,191,184 |
Portfolio By Type | Trade receivables, distribution [Member] | More than 251 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 508,514 | 6,297,059 |
Portfolio By Type | Trade receivables, distribution [Member] | Current Portfolio [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 146,934,065 | 101,580,927 |
Portfolio By Type | Trade receivables, distribution [Member] | Current Portfolio [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 7,140,852 | 3,067,148 |
Portfolio By Type | Trade receivables, distribution [Member] | Large customers [Member] | 1-30 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 6,873,601 | 6,565,888 |
Portfolio By Type | Trade receivables, distribution [Member] | Large customers [Member] | 1-30 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 51,148 | |
Portfolio By Type | Trade receivables, distribution [Member] | Large customers [Member] | 31-60 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 1,662,570 | 4,590,254 |
Portfolio By Type | Trade receivables, distribution [Member] | Large customers [Member] | 31-60 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 397,617 | |
Portfolio By Type | Trade receivables, distribution [Member] | Large customers [Member] | 61-90 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 940,754 | |
Portfolio By Type | Trade receivables, distribution [Member] | Large customers [Member] | 61 - 90 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 1,225,278 | |
Portfolio By Type | Trade receivables, distribution [Member] | Large customers [Member] | 91 - 120 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 102,522 | 168,838 |
Portfolio By Type | Trade receivables, distribution [Member] | Large customers [Member] | 121-150 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 475 | 1,809,919 |
Portfolio By Type | Trade receivables, distribution [Member] | Large customers [Member] | 151-180 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 918,487 | 357,379 |
Portfolio By Type | Trade receivables, distribution [Member] | Large customers [Member] | 181-210 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 124,385 | 30,481 |
Portfolio By Type | Trade receivables, distribution [Member] | Large customers [Member] | 211-250 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 164,424 | 7,237 |
Portfolio By Type | Trade receivables, distribution [Member] | Large customers [Member] | More than 251 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 7,898,789 | 13,521,914 |
Portfolio By Type | Trade receivables, distribution [Member] | Large customers [Member] | More than 251 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 46,775 | 106,433 |
Portfolio By Type | Trade receivables, distribution [Member] | Large customers [Member] | Current Portfolio [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 38,401,049 | 17,522,970 |
Portfolio By Type | Trade receivables, distribution [Member] | Large customers [Member] | Current Portfolio [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 128,817 | 248,972 |
Portfolio By Type | Trade receivables, distribution [Member] | Institutional customers [Member] | 1-30 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 1,768,167 | 1,458,386 |
Portfolio By Type | Trade receivables, distribution [Member] | Institutional customers [Member] | 1-30 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 10,100 | 400,120 |
Portfolio By Type | Trade receivables, distribution [Member] | Institutional customers [Member] | 31-60 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 1,374,138 | 1,326,869 |
Portfolio By Type | Trade receivables, distribution [Member] | Institutional customers [Member] | 31-60 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 4,076 | 158,851 |
Portfolio By Type | Trade receivables, distribution [Member] | Institutional customers [Member] | 61-90 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 302,412 | |
Portfolio By Type | Trade receivables, distribution [Member] | Institutional customers [Member] | 61-90 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 209,251 | |
Portfolio By Type | Trade receivables, distribution [Member] | Institutional customers [Member] | 61 - 90 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 586,415 | |
Portfolio By Type | Trade receivables, distribution [Member] | Institutional customers [Member] | 91 - 120 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 714,141 | 352,568 |
Portfolio By Type | Trade receivables, distribution [Member] | Institutional customers [Member] | 91 - 120 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 9 | |
Portfolio By Type | Trade receivables, distribution [Member] | Institutional customers [Member] | 121-150 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 542,116 | 1,481,759 |
Portfolio By Type | Trade receivables, distribution [Member] | Institutional customers [Member] | 151-180 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 161,478 | 1,163,383 |
Portfolio By Type | Trade receivables, distribution [Member] | Institutional customers [Member] | 151-180 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 110,765 | 88,164 |
Portfolio By Type | Trade receivables, distribution [Member] | Institutional customers [Member] | 181-210 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 388,845 | 142,797 |
Portfolio By Type | Trade receivables, distribution [Member] | Institutional customers [Member] | 181-210 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 197,538 | |
Portfolio By Type | Trade receivables, distribution [Member] | Institutional customers [Member] | 211-250 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 349,255 | 940,106 |
Portfolio By Type | Trade receivables, distribution [Member] | Institutional customers [Member] | 211-250 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 53,965 | |
Portfolio By Type | Trade receivables, distribution [Member] | Institutional customers [Member] | More than 251 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 7,558,209 | 9,682,123 |
Portfolio By Type | Trade receivables, distribution [Member] | Institutional customers [Member] | More than 251 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 825 | 27,276 |
Portfolio By Type | Trade receivables, distribution [Member] | Institutional customers [Member] | Current Portfolio [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 6,542,678 | 2,271,061 |
Portfolio By Type | Trade receivables, distribution [Member] | Institutional customers [Member] | Current Portfolio [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 49,652 | 13,256 |
Portfolio By Type | Trade receivables, distribution [Member] | Mass-market Customers [Member] | 1-30 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 16,096,927 | 19,120,060 |
Portfolio By Type | Trade receivables, distribution [Member] | Mass-market Customers [Member] | 1-30 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 564,903 | 3,027,945 |
Portfolio By Type | Trade receivables, distribution [Member] | Mass-market Customers [Member] | 31-60 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 3,374,622 | 9,323,291 |
Portfolio By Type | Trade receivables, distribution [Member] | Mass-market Customers [Member] | 31-60 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 197,048 | 1,376,659 |
Portfolio By Type | Trade receivables, distribution [Member] | Mass-market Customers [Member] | 61-90 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 1,705,992 | |
Portfolio By Type | Trade receivables, distribution [Member] | Mass-market Customers [Member] | 61-90 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 558,635 | |
Portfolio By Type | Trade receivables, distribution [Member] | Mass-market Customers [Member] | 61 - 90 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 1,306,937 | |
Portfolio By Type | Trade receivables, distribution [Member] | Mass-market Customers [Member] | 61 - 90 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 120,204 | |
Portfolio By Type | Trade receivables, distribution [Member] | Mass-market Customers [Member] | 91 - 120 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 987,071 | 1,285,659 |
Portfolio By Type | Trade receivables, distribution [Member] | Mass-market Customers [Member] | 91 - 120 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 89,217 | 372,319 |
Portfolio By Type | Trade receivables, distribution [Member] | Mass-market Customers [Member] | 121-150 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 716,568 | 882,926 |
Portfolio By Type | Trade receivables, distribution [Member] | Mass-market Customers [Member] | 121-150 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 134,003 | 348,718 |
Portfolio By Type | Trade receivables, distribution [Member] | Mass-market Customers [Member] | 151-180 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 577,969 | 671,894 |
Portfolio By Type | Trade receivables, distribution [Member] | Mass-market Customers [Member] | 151-180 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 137,205 | 246,463 |
Portfolio By Type | Trade receivables, distribution [Member] | Mass-market Customers [Member] | 181-210 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 449,428 | 1,554,175 |
Portfolio By Type | Trade receivables, distribution [Member] | Mass-market Customers [Member] | 181-210 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 82,080 | 146,430 |
Portfolio By Type | Trade receivables, distribution [Member] | Mass-market Customers [Member] | 211-250 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 2,105,275 | 423,730 |
Portfolio By Type | Trade receivables, distribution [Member] | Mass-market Customers [Member] | 211-250 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 90,619 | 143,422 |
Portfolio By Type | Trade receivables, distribution [Member] | Mass-market Customers [Member] | More than 251 days [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 25,035,379 | 20,987,147 |
Portfolio By Type | Trade receivables, distribution [Member] | Mass-market Customers [Member] | More than 251 days [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 460,914 | 6,163,350 |
Portfolio By Type | Trade receivables, distribution [Member] | Mass-market Customers [Member] | Current Portfolio [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 101,990,338 | 81,786,896 |
Portfolio By Type | Trade receivables, distribution [Member] | Mass-market Customers [Member] | Current Portfolio [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 6,962,383 | 2,804,920 |
Portfolio By Type | Trade receivables, distribution [Member] | Gross Carrying Amount [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 229,997,536 | 202,378,868 |
Non-current receivables | 116,198 | 376,463 |
Portfolio By Type | Trade receivables, distribution [Member] | Gross Carrying Amount [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 9,240,743 | 17,090,304 |
Non-current receivables | 1,909,392 | 1,478,802 |
Portfolio By Type | Trade receivables, distribution [Member] | Gross Carrying Amount [Member] | Large customers [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 57,371,580 | 45,515,634 |
Portfolio By Type | Trade receivables, distribution [Member] | Gross Carrying Amount [Member] | Large customers [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 226,740 | 753,022 |
Non-current receivables | 24,635 | |
Portfolio By Type | Trade receivables, distribution [Member] | Gross Carrying Amount [Member] | Institutional customers [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 19,985,442 | 19,121,464 |
Non-current receivables | 34,400 | |
Portfolio By Type | Trade receivables, distribution [Member] | Gross Carrying Amount [Member] | Institutional customers [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 175,427 | 1,148,421 |
Non-current receivables | 39,444 | |
Portfolio By Type | Trade receivables, distribution [Member] | Gross Carrying Amount [Member] | Mass-market Customers [Member] | Non-renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 152,640,514 | 137,741,770 |
Non-current receivables | 116,198 | 342,063 |
Portfolio By Type | Trade receivables, distribution [Member] | Gross Carrying Amount [Member] | Mass-market Customers [Member] | Renegotiated Portfolio [Member] | ||
Trade And Other Receivables [Line Items] | ||
Trade and other current receivables | 8,838,576 | 15,188,861 |
Non-current receivables | $ 1,884,757 | $ 1,439,358 |
Appendix 2.2 Additional Informa
Appendix 2.2 Additional Information Oficio Circular (Official Bulletin) No. 715 of February 3, 2012 - Summary of Estimated Sales and Purchases of Energy and Capacity - Statement of Financial Position (Detail) - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Disclosure Of Estimated Sales And Purchases Of Energy And Capacity [Line Items] | ||
Current accounts receivable from related parties | $ 54,171,060 | $ 71,856,046 |
Trade and other current receivables | 478,170,067 | 406,968,537 |
Current accounts payable to related parties | 157,936,325 | 119,612,972 |
Trade and other current payables | 554,286,324 | 555,978,518 |
Energy and Capacity [Member] | ||
Disclosure Of Estimated Sales And Purchases Of Energy And Capacity [Line Items] | ||
Current accounts receivable from related parties | 5,518,711 | |
Trade and other current receivables | 209,288,934 | 177,886,960 |
Total Estimated Assets | 209,288,934 | 183,405,671 |
Current accounts payable to related parties | 21,818,299 | |
Trade and other current payables | 106,633,306 | 120,451,406 |
Total Estimated Liabilities | 106,633,306 | 142,269,705 |
Tolls [Member] | ||
Disclosure Of Estimated Sales And Purchases Of Energy And Capacity [Line Items] | ||
Current accounts receivable from related parties | 466,031 | |
Trade and other current receivables | 46,336,070 | 48,122,678 |
Total Estimated Assets | 46,336,070 | 48,588,709 |
Current accounts payable to related parties | 177,839 | |
Trade and other current payables | 37,530,511 | 47,893,119 |
Total Estimated Liabilities | $ 37,530,511 | $ 48,070,958 |
Appendix 2.2 Additional Infor_2
Appendix 2.2 Additional Information Oficio Circular (Official Bulletin) No. 715 of February 3, 2012 - Summary of Estimated Sales and Purchases of Energy and Capacity - Income Statement (Detail) - Estimated Sales and Purchases of Energy and Capacity [Member] - CLP ($) $ in Thousands | 12 Months Ended | ||
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016 | |
Energy and Capacity [Member] | |||
Disclosure Of Estimated Sales And Purchases Of Energy And Capacity [Line Items] | |||
Energy Sales | $ 209,288,934 | $ 183,405,671 | |
Energy Purchases | 106,633,306 | 142,269,706 | |
Tolls [Member] | |||
Disclosure Of Estimated Sales And Purchases Of Energy And Capacity [Line Items] | |||
Energy Sales | 46,336,070 | 48,588,709 | $ 169,424,364 |
Energy Purchases | $ 37,530,511 | $ 48,070,958 | 98,884,837 |
Capacity [Member] | |||
Disclosure Of Estimated Sales And Purchases Of Energy And Capacity [Line Items] | |||
Energy Sales | 23,297,996 | ||
Energy Purchases | $ 42,763,819 |
Appendix 3 Details of Due Dat_3
Appendix 3 Details of Due Dates of Payments to Suppliers - Summary of Details of Due Dates of Payments to Suppliers (Detail) - Details of Due Dates of Payments to Suppliers [Member] - CLP ($) $ in Thousands | Dec. 31, 2018 | Dec. 31, 2017 |
Details Of Due Dates Of Payments To Suppliers [Line Items] | ||
Current Payments to suppliers | $ 468,236,126 | $ 427,454,525 |
Goods [Member] | ||
Details Of Due Dates Of Payments To Suppliers [Line Items] | ||
Current Payments to suppliers | 66,091,584 | 71,248,286 |
Services [Member] | ||
Details Of Due Dates Of Payments To Suppliers [Line Items] | ||
Current Payments to suppliers | 249,320,045 | 264,996,903 |
Other [Member] | ||
Details Of Due Dates Of Payments To Suppliers [Line Items] | ||
Current Payments to suppliers | 152,824,497 | 91,209,336 |
Up to 30 days [Member] | ||
Details Of Due Dates Of Payments To Suppliers [Line Items] | ||
Current Payments to suppliers | 354,462,178 | 427,450,040 |
Up to 30 days [Member] | Goods [Member] | ||
Details Of Due Dates Of Payments To Suppliers [Line Items] | ||
Current Payments to suppliers | 45,355,153 | 71,248,286 |
Up to 30 days [Member] | Services [Member] | ||
Details Of Due Dates Of Payments To Suppliers [Line Items] | ||
Current Payments to suppliers | 230,133,777 | 264,992,418 |
Up to 30 days [Member] | Other [Member] | ||
Details Of Due Dates Of Payments To Suppliers [Line Items] | ||
Current Payments to suppliers | 78,973,248 | 91,209,336 |
31-60 days [Member] | ||
Details Of Due Dates Of Payments To Suppliers [Line Items] | ||
Current Payments to suppliers | 95,208,677 | |
31-60 days [Member] | Goods [Member] | ||
Details Of Due Dates Of Payments To Suppliers [Line Items] | ||
Current Payments to suppliers | 4,284,025 | |
31-60 days [Member] | Services [Member] | ||
Details Of Due Dates Of Payments To Suppliers [Line Items] | ||
Current Payments to suppliers | 19,179,502 | |
31-60 days [Member] | Other [Member] | ||
Details Of Due Dates Of Payments To Suppliers [Line Items] | ||
Current Payments to suppliers | 71,745,150 | |
61-90 days [Member] | ||
Details Of Due Dates Of Payments To Suppliers [Line Items] | ||
Current Payments to suppliers | 16,452,406 | |
61-90 days [Member] | Goods [Member] | ||
Details Of Due Dates Of Payments To Suppliers [Line Items] | ||
Current Payments to suppliers | 16,452,406 | |
More than 365 days [Member] | ||
Details Of Due Dates Of Payments To Suppliers [Line Items] | ||
Current Payments to suppliers | 2,112,865 | 4,485 |
More than 365 days [Member] | Services [Member] | ||
Details Of Due Dates Of Payments To Suppliers [Line Items] | ||
Current Payments to suppliers | 6,766 | $ 4,485 |
More than 365 days [Member] | Other [Member] | ||
Details Of Due Dates Of Payments To Suppliers [Line Items] | ||
Current Payments to suppliers | $ 2,106,099 |