XML 271 R23.htm IDEA: XBRL DOCUMENT v3.25.1
Right-Of-Use-Assets
12 Months Ended
Dec. 31, 2024
RIGHT-OF-USE-ASSETS  
Right-Of-Use-Assets

18.  RIGHT-OF-USE-ASSETS

Right-of-use assets as of December 31, 2024 and 2023 are detailed as follows:

    

Land

    

Buildings, Net

Other plants and equipment

    

Right-of-use assets, Net

Movements in 2024

ThCh$

ThCh$

ThCh$

ThCh$

Opening balance as of January 1, 2024

227,690,973

24,539,131

16,822,451

269,052,555

New assets contracts, by right-of use

40,850,336

483,328

100,622

41,434,286

Increases (decreases) from foreign currency translation differences, net

11,949,673

2,222,138

147,298

14,319,109

Depreciation (1)

(11,117,090)

(5,304,825)

(6,946,334)

(23,368,249)

Retirements

(28,751,084)

(75,642)

(28,826,726)

Total movements

12,931,835

(2,675,001)

(6,698,414)

3,558,420

Closing balance as of December 31, 2024

240,622,808

21,864,130

10,124,037

272,610,975

    

Land

    

Buildings, Net

Other plants and equipment

    

Right-of-use assets, Net

Movements in 2023

ThCh$

ThCh$

ThCh$

ThCh$

Opening balance as of January 1, 2023

216,012,927

-

17,685,505

233,698,432

New assets contracts, by right-of use

16,726,443

30,477,107

47,203,550

Increases (decreases) from foreign currency translation differences, net

9,238,845

(635,842)

150,451

8,753,454

Depreciation

(7,094,687)

(5,286,457)

(1,013,505)

(13,394,649)

Retirements

(15,677)

(15,677)

Decreases for classification as held for sale (2)

(7,192,555)

(7,192,555)

Total movements

11,678,046

24,539,131

(863,054)

35,354,123

Closing balance as of December 31, 2023

227,690,973

24,539,131

16,822,451

269,052,555

(1)See Note 31.a).
(2)See Note 5.1.

As of December 31, 2024, the main right-of-use assets and lease liabilities derive mainly from land leases for the development of non-conventional renewable energy projects within the Enel Green Power Chile Group, in projects such as Altozano, Alwa, Las Salinas, Campos del Sol, Finis Terrae and La Cabaña, with remaining durations from 21 to 34 years, which accrue interest at an annual rate ranging from  0.7% to 5.49%.

The present value of future payments derived from those contracts is detailed as follows:

As of December 31, 

2024

2023

    

Gross

    

Interest

    

Present value

    

Gross

    

Interest

    

Present value

ThCh$

ThCh$

ThCh$

ThCh$

ThCh$

ThCh$

Less than one year

37,568,810

10,682,691

26,886,119

33,002,320

8,864,127

24,138,193

From one to two years

22,416,134

11,079,596

11,336,538

18,156,807

8,625,314

9,531,493

From two to three years

21,679,403

10,207,030

11,472,373

17,614,228

7,964,453

9,649,775

From three to four years

21,526,710

9,770,031

11,756,679

17,420,525

7,839,832

9,580,693

From four to five years

21,535,925

9,375,862

12,160,063

17,509,738

7,494,285

10,015,453

More than five years

376,358,660

155,365,382

220,993,278

333,452,345

128,305,732

205,146,613

Total

501,085,642

206,480,592

294,605,050

437,155,963

169,093,743

268,062,220

a)Short-term and low-value leases

The consolidated income statement for the years ended December 31, 2024, 2023 and 2022 include expenses of ThCh$6,711,205, ThCh$5,459,314 and ThCh$5,436,911, respectively, of which ThCh$6,488,688 correspond to short-term lease payments in 2024 (ThCh$4,612,939 in 2023 and ThCh$3,614,981 in 2022) and ThCh$222,517 related to leases with variable payment clauses in 2024 (ThCh$846,375 in 2023 and ThCh$1,821,930 in 2022), which are exempt from the application of IFRS 16 (see Note 3.f).

As of December 31, 2024, 2023 and 2022, the future payments arising from these contracts are as follows:

As of December 31, 

As of December 31, 

    

2024

    

2023

ThCh$

ThCh$

Less than one year

932,468

1,102,423

From one to two years

From two to three years

From three to four years

From four to five years

More than five years

Total

932,468

1,102,423