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Investment Property (Tables)
12 Months Ended
Dec. 31, 2019
INVESTMENT PROPERTY.  
Summary of Changes in Investment Property

 

 

 

 

 

 

 

 

 

Investment
Properties,
 Gross

 

Accumulated
Depreciation,
Amortization and
Impairment

 

Investment
Properties, Net

Investment Properties

    

ThCh$

    

ThCh$

    

ThCh$

Balance at January 1, 2018

 

 9,189,377

 

 (832,605)

 

 8,356,772

Depreciation expense

 

 —

 

 (19,591)

 

 (19,591)

Other increases (decreases)

 

 —

 

 (779,825)

 

 (779,825)

Balance at December 31, 2018

 

 9,189,377

 

 (1,632,021)

 

 7,557,356

Depreciation expense

 

 —

 

(19,812)

 

(19,812)

Impairment (*)

 

 —

 

(742,389)

 

(742,389)

Balance at December 31, 2019

 

 9,189,377

 

 (2,394,222)

 

 6,795,155


(*) 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

 —

 

 —

 

 7,880,432

 

See Note 3.h.

Summary of Income and Expenses from Investment Properties

 

 

 

 

 

 

 

 

 

For the years ended December 31, 

 

 

2019

 

2018

 

2017

Income and expense from investment properties

    

ThCh$

    

ThCh$

    

ThCh$

Rental income from investment properties

 

 202,896

 

 204,166

 

 192,719

Direct operating expense from investment properties generating

  rental income

 

 (44,136)

 

 (56,327)

 

 (78,367)

Total

 

 158,760

 

 147,839

 

 114,352