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Intangible Assets Other than Goodwill
12 Months Ended
Dec. 31, 2020
INTANGIBLE ASSETS OTHER THAN GOODWILL.  
Intangible Assets Other than Goodwill

 

14.  INTANGIBLE ASSETS OTHER THAN GOODWILL

The balances of this caption as of December 31, 2020 and 2019 are presented below:

 

 

 

 

 

As of December 31, 

 

2020

2019

Intangible Assets, Gross

ThCh$

ThCh$

Intangible Assets, Gross

 275,527,801

 229,944,365

Easements and water rights

 20,551,471

 22,553,618

Concessions

 53,053,457

 34,718,676

Patents, Registered Trademarks and Other Rights

 679,227

 771,002

Computer software

 186,855,438

 156,836,017

Other identifiable intangible assets

 14,388,208

 15,065,052

 

 

 

 

 

As of December 31, 

 

2020

2019

Intangible Assets, Amortization and Impairment

ThCh$

ThCh$

Accumulated Amortization and Impairment, Total

 (110,413,280)

 (97,665,772)

Easements and water rights

 (5,519,394)

 (5,200,726)

Concessions

 (9,469,344)

 (8,562,257)

Patents, Registered Trademarks and Other Rights

 (478,232)

 (454,032)

Computer software

 (92,187,254)

 (80,673,217)

Other identifiable intangible assets

 (2,759,056)

 (2,775,540)

 

 

 

 

 

As of December 31, 

 

2020

2019

Intangible Assets, Net

ThCh$

ThCh$

Intangible Assets, Net

 165,114,521

 132,278,593

Easements and water rights

 15,032,077

 17,352,892

Concessions

 43,584,113

 26,156,419

Patents, Registered Trademarks and Other Rights

 200,995

 316,970

Computer software

 94,668,184

 76,162,800

Other identifiable intangible assets

 11,629,152

 12,289,512

 

 

The following table presents intangible assets other than Goodwill as of December 31, 2020 and 2019:

 

 

 

 

 

 

 

 

 

Easements and water rights

Concessions


Patents, Registered Trademarks and Other Rights

Computer
Software

Other Identifiable Intangible Assets

Intangibles Assets,
Net

Changes in Intangible Assets

ThCh$

ThCh$

ThCh$

ThCh$

ThCh$

ThCh$

Opening balance as of January 1, 2020

 17,352,892

 26,156,419

 316,970

 76,162,800

 12,289,512

 132,278,593

Changes in identifiable intangible assets

 

 

 

 

 

 

Increases other than from business combinations

 —

 23,221,080

 —

 32,122,529

 —

 55,343,609

Increase (decrease) from foreign currency translation differences

 (239,991)

 (3,566,641)

 —

 (273,172)

 (661,569)

 (4,741,373)

Amortization (1)

(556,017)

 (2,009,087)

 (24,200)

(11,785,777)

 —

 (14,375,081)

Impairment loss recognized in profit or loss (2)

 —

(217,658)

 —

 —

 —

 (217,658)

Increases (decreases) from transfers and other changes

 91,775

 —

(91,775)

 (1,067)

1,067

 —

Increases (decreases) from transfers

 91,775

 —

(91,775)

(1,067)

 1,067

 —

Disposals and removal from service

 (1,616,582)

 —

 —

 —

 —

(1,616,582)

    Removals from service

 (1,616,582)

 —

 —

 —

 —

(1,616,582)

Argentina Hyperinflation Effect

 —

 —

 —

 —

 142

142

Other increases (decreases)

 —

 —

 —

(1,557,129)

 —

(1,557,129)

Total changes in identifiable intangible assets

 (2,320,815)

 17,427,694

 (115,975)

 18,505,384

 (660,360)

 32,835,928

Closing balance as of December 31, 2020

 15,032,077

 43,584,113

 200,995

 94,668,184

 11,629,152

 165,114,521

 

 

 

 

 

 

 

 

 

Easements and water rights

Concessions


Patents, Registered Trademarks and Other Rights

Computer
Software

Other Identifiable Intangible Assets

Intangibles Assets,
Net

Changes in Intangible Assets

ThCh$

ThCh$

ThCh$

ThCh$

ThCh$

ThCh$

Opening balance as of January 1, 2019

 17,736,954

 25,953,878

 7,394

 60,067,635

 11,606,532

 115,372,393

Changes in identifiable intangible assets

 

 

 

 

 

 

Increases other than from business combinations

 —

 —

 —

 25,208,199

 —

 25,208,199

Increase (decrease) from foreign currency translation differences

 425,373

 2,028,583

 —

 156,906

 926,375

 3,537,237

Amortization (1)

 (809,435)

 (1,826,042)

 (24,200)

 (9,241,732)

 (1,598)

 (11,903,007)

Increases (decreases) from transfers and other changes

 —

 —

 333,776

 (91,776)

 (242,000)

 —

Increases (decreases) from transfers

 —

 —

 333,776

 (91,776)

 (242,000)

 —

Argentina Hyperinflation Effect

 —

 —

 —

 —

 203

 203

Increase (decrease)

 —

 —

 —

 63,568

 —

 63,568

Total changes in identifiable intangible assets

 (384,062)

 202,541

 309,576

 16,095,165

 682,980

 16,906,200

Closing balance as of December 31, 2019

 17,352,892

 26,156,419

 316,970

 76,162,800

 12,289,512

 132,278,593

 


 

(1)

See Note 31 a).

(2)

See Note 31 b).

 

No impairment losses have been recognized as of December 31, 2020, 2019 and 2018. According to the estimates and projections of the Group’s Management, the projections for the cash flows attributable to intangible assets allow recovering the net value of these assets recorded as of December 31, 2020 (see Note 3. e).