The issued capital of Enel Chile for the years ended December 31, 2021 and 2020 is ThCh$3,882,103,470 divided into 69,166,557,220 authorized, subscribed and paid shares. All of the shares issued by the Company are subscribed and paid. Enel Chile’s common stock is traded on the Santiago Stock Exchange (Bolsa de Comercio de Santiago de Chile), the Chilean Electronic Stock Exchange (Bolsa Electrónica de Chile), and the New York Stock Exchange (NYSE).

The detail by company of the translation differences attributable to owners of the Group of the consolidated statement of financial position as of December 31, 2021, 2020 and 2019, is as follows:

Our subsidiary Enel Generación Chile must comply with certain financial ratios or covenants, which require a minimum level of equity or contain other characteristics that restrict the transfer of assets to the Parent Company. As of December 31, 2021 and 2020, the Company’s interest in the net restricted assets of Enel Generación Chile was ThCh$ 712,519,037.

Other reserves for the years ended December 31, 2021, 2020 and 2019 are as follows:

Reserves for exchange differences on translation: These reserves arise primarily from exchange differences relating to the translation of financial statements of the Company’s consolidated entities with functional currencies other than the Chilean peso (see Note 2.7.3).

Cash flow hedge reserves: These reserves represent the cumulative effective portion of gains and losses on cash flow hedges (see Note 3.g.5 and 3.h).

Other miscellaneous reserves:

The main items and their effects are the following:


	For the years ended
	2021	2020	2019
Other Miscellaneous Reserves	ThCh$	ThCh$	ThCh$
Company restructuring reserve (“Division”) (i)	(534,057,733)	(534,057,733)	(534,057,733)
Reserve for transition to IFRS (ii)	(457,221,836)	(457,221,836)	(457,221,836)
Reserve for subsidiaries transactions (iii)	12,502,494	12,502,494	12,502,494
Reserves for Tender Offer of Enel Generation “Reorganization of Renewable Assets” (iv)	(910,437,224)	(910,437,224)	(910,437,224)
Reserves “Reorganization of Renewable Assets” (v)	(407,354,462)	(407,354,462)	(407,354,462)
Argentine hyperinflation (vi)	13,222,164	11,216,652	8,939,332
Other miscellaneous reserves (vii)	7,645,052	7,020,843	7,001,861
TOTAL	(2,275,701,545)	(2,278,331,266)	(2,280,627,568)

Corporate restructuring reserve (Division): This represents the effect generated by the corporate reorganization of Enersis S.A. (currently Enel Américas), concluded in 2016, by which the company divided its businesses between Chile and the rest of South America. The new company was called Enersis Chile (now Enel Chile), and was assigned the equity corresponding to the related business in Chile.

ii)

Reserves for transition to IFRS: In compliance with the provisions of Circular No. 456 by the CMF, the price-level restatement of accumulated paid-in capital has been incorporated in this category from the date of the Company’s transition to IFRS, i.e., January 1, 2004, through December 31, 2008.

iii)

Reserves for business combinations: These represent the effect generated by the purchases of interest under common control.

iv)

“Reorganization of Renewable Assets” Enel Generación Chile Takeover Reserve: This represents the difference between the carrying amount of non-controlling interest acquired as part of the tender offer aimed at acquiring all shares issued by the subsidiary Enel Generación Chile completed in March 2018.

“Reorganization of Renewable Assets” Reserve: This corresponds to the reserve constituted by the merger between Enel Green Power Latin América S.A. and Enel Chile on April 2, 2018. It represents the recognition of the difference produced by the capital increase in Enel Chile (corresponding to the market value of interest in Enel Green Power Chile and subsidiaries) and the carrying amount of Enel Green Power Latin América S.A. equity that was incorporated under share capital in the net equity distributable to the owners of Enel Chile, as a result of the merger.

vi)

Hyperinflation in Argentina: This corresponds to the calculated effect of the application of IAS 29 “Financial Reporting in Hyperinflationary Economies” on the branch held by the Enel Generación Chile Group in Argentina (see Note 2.9).

vii)

Other miscellaneous reserves: This reserve derives from transactions performed in prior years.

26.6 Non-controlling Interests

The detail of non-controlling interests as of December 31, 2021, 2020 and 2019, is as follows:


		Non-controlling Interests
		Equity		Profit (Loss)
	12-31-2021	12-31-2021	12-31-2020	2021	2020	2019
Companies	%	ThCh$	ThCh$	ThCh$	ThCh$	ThCh$
Enel Distribución Chile S.A.	0.91%	6,178,079	8,188,827	151,538	749,261	1,079,941
Enel Transmisión Chile S.A.	0.91%	1,585,517	—	291,934	—	—
Enel Generación Chile S.A.	6.45%	96,773,030	111,567,532	7,480,423	(10,006,037)	12,667,880
Empresa Eléctrica Pehuenche S.A.	7.35%	10,695,281	10,113,358	7,717,216	6,403,829	6,241,062
Sociedad AgrÍcola de Cameros Ltda.	42.50%	2,120,237	2,068,169	52,068	230,557	(504,550)
Geotermica del Norte S.A.	15.41%	64,539,697	55,283,359	(760,576)	645,440	(264,158)
Empresa Nacional de Geotermia S.A.	0.00%	—	11,134	(5,089)	(515,293)	(74,963)
Parque Eólico Talinay Oriente S.A.	39.09%	66,070,754	55,283,519	609,150	945,454	868,127
Other		661,950	(157,189)	19,501	20,267	(73,726)
TOTAL		248,624,545	242,358,709	15,556,165	(1,526,522)	19,939,613