OTHER NON-FINANCIAL LIABILITIES

12 Months Ended

Dec. 31, 2018

Miscellaneous liabilities [abstract]

OTHER NON-FINANCIAL LIABILITIES

NOTE 22 - OTHER NON-FINANCIAL LIABILITIES

	Current liabilities				Non-current liabilities				Total Liabilities
	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$
Deferred revenues (*)		2,330,058		2,690,961		644,702		158,305		2,974,760		2,849,266
Sales tax		12,726		22,902		-		-		12,726		22,902
Retentions		34,434		38,197		-		-		34,434		38,197
Others taxes		7,700		8,695		-		-		7,700		8,695
Dividends payable		54,580		46,591		-		-		54,580		46,591
Other sundry liabilities		15,248		16,617		-		-		15,248		16,617
Total other non-financial liabilities		2,454,746		2,823,963		644,702		158,305		3,099,448		2,982,268

(*) Note 2.20.

The balance comprises, mainly, deferred income by services not yet rendered at December 31, 2018 and 2017; and programs such as: LATAM Pass, LATAM Fidelidade y Multiplus:

LATAM Pass is the frequent passenger program created by LAN to reward the preference and loyalty of its customers with multiple benefits and privileges, through the accumulation of miles that can be exchanged for free flight tickets or for a varied range of products and services. Customers accumulate LATAM Pass miles every time they fly on LAN, TAM, oneworld® member companies and other airlines associated with the program, as well as buying at stores or using the services of a vast network of companies that have an agreement with the program around the world.

For its part, TAM, thinking of people who travel constantly, created the LATAM Fidelidade program, in order to improve the service and give recognition to those who choose the company. Through the program, customers accumulate points in a wide variety of loyalty programs in a single account and can redeem them in all TAM destinations and associated airline companies, and even more, participate in the Multiplus Fidelidade Network.

Multiplus is a coalition of loyalty programs, with the objective of operating accumulation and exchange of points. This program has a network integrated by associated companies, including hotels, financial institutions, retail companies, supermarkets, vehicle leases and magazines, among many other partners from different segments.

The Company signed a renewal of the agreement with Banco Santander-Chile, which extends its alliance in Chile to continue developing travel benefits to its respective clients during the next 7 years.

Movement of Other non-financial liabilities:                                                  

	Deferred income
	Air transport
	and other
	ThUS$
Opening balance as of january 1, 2018		2,849,266
Recognition of deferred income		7,690,972
Use deferred income		(8,230,750	)
Expiration of tickets		(284,730	)
Deferred revenue loyalty (accreditation and exchange)		944,246
Others provisions		6,894
Adjustment application IAS 29, Argentina hyperinflation		927
Closing balance as of December 31 ,2018		2,976,825