OTHER FINANCIAL ASSETS

12 Months Ended

Dec. 31, 2018

Miscellaneous assets [abstract]

OTHER FINANCIAL ASSETS

NOTE 11 - OTHER FINANCIAL ASSETS

The composition of other financial assets is as follows:

	Current Assets				Non-current assets				Total Assets
	As of		As of		As of		As of		As of		As of
	December 31,		December 31,		December 31,		December 31,		December 31,		December 31,
	2018		2017		2018		2017		2018		2017
	ThUS$		ThUS$		ThUS$		ThUS$		ThUS$		ThUS$
(a)      Other financial assets
Private investment funds		322,428		472,232		-		-		322,428		472,232
Deposits in guarantee (aircraft)		9,610		15,690		37,636		41,058		47,246		56,748
Guarantees for margins of derivatives		661		2,197		-		-		661		2,197
Other investments		-		-		494		494		494		494
Domestic and foreign bonds		1,394		1,421		-		-		1,394		1,421
Other guarantees given		7,140		6,031		20,570		46,019		27,710		52,050
Subtotal of other financial assets		341,233		497,571		58,700		87,571		399,933		585,142
(b)      Hedging assets
Interest accrued since the last payment date of Cross currency swap		-		202		-		-		-		202
Fair value of interest rate derivatives		19,460		3,113		-		-		19,460		3,113
Fair value of foreign currency derivatives		3,895		48,322		-		519		3,895		48,841
Fair value of fuel price derivatives		-		10,711		-		-		-		10,711
Subtotal of hedging assets		23,355		62,348		-		519		23,355		62,867
(c)      Derivatives not recognized as a hedge
Foreign currency derivatives not recognized as a hedge		19,396		-		-		-		19,396		-
Subtotal of derivatives not recognized as a hedge		19,396		-		-		-		19,396		-
Total Other Financial Assets		383,984		559,919		58,700		88,090		442,684		648,009

The different derivative hedging contracts maintained by the Company at the end of each period are described in Note 19.