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Intangible Assets Other than Goodwill
12 Months Ended
Dec. 31, 2017
Disclosure Of Intangible Assets [Abstract]  
Intangible Assets Other than Goodwill

13.

INTANGIBLE ASSETS OTHER THAN GOODWILL.

The following table presents intangible assets as of December 31, 2017 and 2016:

 

 

 

As of December 31,

 

 

 

2017

 

 

2016

 

Intangible Assets, Net

 

ThCh$

 

 

ThCh$

 

Intangible Assets, Net

 

 

55,170,904

 

 

 

44,470,750

 

Easements and water rights

 

 

12,608,950

 

 

 

12,564,076

 

Computer software

 

 

38,254,793

 

 

 

27,591,694

 

Other identifiable intangible assets

 

 

4,307,161

 

 

 

4,314,980

 

 

 

 

2017

 

 

2016

 

Intangible Assets, Gross

 

ThCh$

 

 

ThCh$

 

Intangible Assets, Gross

 

 

118,593,240

 

 

 

101,092,918

 

Easements and water rights

 

 

14,598,701

 

 

 

14,553,826

 

Computer software

 

 

93,260,355

 

 

 

75,793,919

 

Other identifiable intangible assets

 

 

10,734,184

 

 

 

10,745,173

 

 

 

 

2017

 

 

2016

 

Intangible Assets, Amortization and Impairment

 

ThCh$

 

 

ThCh$

 

Accumulated Amortization and Impairment, Total

 

 

(63,422,336

)

 

 

(56,622,168

)

Easements and water rights

 

 

(1,989,751

)

 

 

(1,989,750

)

Computer software

 

 

(55,005,562

)

 

 

(48,202,225

)

Other identifiable intangible assets

 

 

(6,427,023

)

 

 

(6,430,193

)

 

The reconciliations of the carrying amounts of intangible assets at December 31, 2017 and 2016 are as follows:

 

 

 

Easements

 

 

Computer

Software

 

 

Other Identifiable Intangible Assets

 

 

Intangibles Assets,

Net

 

Changes in Intangible Assets

 

ThCh$

 

 

ThCh$

 

 

ThCh$

 

 

ThCh$

 

Opening balance January 1, 2017

 

 

12,564,076

 

 

 

27,591,694

 

 

 

4,314,980

 

 

 

44,470,750

 

Changes in identifiable intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Increases (decreases) other than from business combinations

 

 

295,588

 

 

 

17,466,436

 

 

 

 

 

 

17,762,024

 

Increase (decrease) from exchange differences, net

 

 

 

 

 

 

 

 

(115

)

 

 

(115

)

Amortization (1)

 

 

 

 

 

(6,803,337

)

 

 

(7,704

)

 

 

(6,811,041

)

Increases (decreases) from transfers and other changes

 

 

(250,714

)

 

 

 

 

 

 

 

 

(250,714

)

Increases (decreases) from transfers

 

 

(250,714

)

 

 

 

 

 

 

 

 

(250,714

)

Total changes in identifiable intangible assets

 

 

44,874

 

 

 

10,663,099

 

 

 

(7,819

)

 

 

10,700,154

 

Closing balance December 31, 2017

 

 

12,608,950

 

 

 

38,254,793

 

 

 

4,307,161

 

 

 

55,170,904

 

 

 

 

Easements

 

 

Computer

Software

 

 

Other Identifiable Intangible Assets

 

 

Intangibles Assets,

Net

 

Changes in Intangible Assets

 

ThCh$

 

 

ThCh$

 

 

ThCh$

 

 

ThCh$

 

Opening balance January 1, 2016

 

 

14,575,473

 

 

 

27,824,092

 

 

 

479,761

 

 

 

42,879,326

 

Changes in identifiable intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Increases (decreases) other than from business combinations

 

 

540,052

 

 

 

5,690,091

 

 

 

3,851,635

 

 

 

10,081,778

 

Increase (decrease) from exchange differences, net

 

 

 

 

 

 

 

 

2,897

 

 

 

2,897

 

Amortization (1)

 

 

 

 

 

(5,815,030

)

 

 

(18,961

)

 

 

(5,833,991

)

Increases (decreases) from transfers and other changes

 

 

352

 

 

 

 

 

 

(352

)

 

 

 

Increases (decreases) from transfers

 

 

352

 

 

 

 

 

 

(352

)

 

 

 

Increases (decreases) from other changes

 

 

 

 

 

 

 

 

 

 

 

 

Disposals and removals from service

 

 

(2,549,926

)

 

 

 

 

 

 

 

 

(2,549,926

)

Disposals

 

 

(2,549,926

)

 

 

 

 

 

 

 

 

(2,549,926

)

Removals from service

 

 

 

 

 

 

 

 

 

 

 

 

Other increases (decreases)

 

 

(1,875

)

 

 

(107,459

)

 

 

 

 

 

(109,334

)

Total changes in identifiable intangible assets

 

 

(2,011,397

)

 

 

(232,398

)

 

 

3,835,219

 

 

 

1,591,424

 

Closing balance December 31, 2016

 

 

12,564,076

 

 

 

27,591,694

 

 

 

4,314,980

 

 

 

44,470,750

 

 

 

(1) See Note 28.

(2) See Note 15.e).ix)

According to the Group management’s estimates and projections, the expected future cash flows attributable to intangible assets allow the recovery of the carrying amount of these assets recorded as of December 31, 2017 (See Note 3.e).

As of December 31, 2017 and 2016, there are no significant intangible assets with an indefinite useful life.