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Argentina's Hyperinflationary Economy (Tables)
12 Months Ended
Dec. 31, 2019
ARGENTINA’S HYPERINFLATIONARY ECONOMY  
Hyperinflationary general price index

 

 

 

General price index

From January 2015 to December 2017

85.52%

From January to December 2018

47.83%

From January to December 2019

53.64%

 

Effects of hyperinflation on Consolidated Statements of Financial Position and Comprehensive Income

 

 

 

 

 

As of December 31, 

Result due to Hyperinflation

2019

 

2018

 

ThCh$

 

ThCh$

Intangible assets other than goodwill

203

 

180

Property, plant and equipment

1,132,453

 

1,035,084

Equity

(5,805,120)

 

(3,743,959)

Other Services Provision

(664,454)

 

(1,189,452)

Other Variable Provisioning and Services

431

 

21,503

Employee benefits expenses

166,715

 

143,148

Other Fixed Operating Expenses

127,226

 

147,975

Financial income

(367,059)

 

(268,511)

Financial costs

44,707

 

67,707

Result due to Hyperinflation *

(5,364,898)

 

(3,786,325)