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Investments Accounted for Using the Equity Method (Tables)
 12 Months Ended
Dec. 31, 2017
Disclosure Of Investments Accounted For Using Equity Method [Abstract]  
Summary of Changes in Investments in Associates and Joint Ventures Accounted For Using the Equity Method

 

a.

The following tables present the changes in investments in associates and joint ventures accounted for using the equity method as of December 31, 2017 and 2016:

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of

 

 

 

 

 

 

Share of Profit

 

 

Dividends

 

 

Foreign Currency

 

 

Other Comprehensive

 

 

Other Increase

 

 

Balance as of

 

Taxpayer ID Number

 

Associates and Joint Ventures

 

Country

 

Currency

 

Ownership Interest

 

 

01-01-2017

ThCh$

 

 

Additions

ThCh$

 

 

(Loss)

ThCh$

 

 

Declared

ThCh$

 

 

Translation

ThCh$

 

 

Income

ThCh$

 

 

(Decrease)

ThCh$

 

 

12-31-2017

ThCh$

 

76.418.940-K

 

GNL Chile S.A.

 

Chile

 

U.S. dollar

 

 

33.33

%

 

 

3,982,934

 

 

 

—

 

 

 

841,957

 

 

 

(743,734

)

 

 

(297,841

)

 

 

—

 

 

 

—

 

 

 

3,783,316

 

76.652.400-1

 

Centrales Hidroeléctricas De Aysén S.A. (*)

 

Chile

 

Chilean peso

 

 

51.00

%

 

 

6,441,166

 

 

 

1,943,100

 

 

 

(4,179,033

)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(4,205,233

)

 

 

—

 

77.017.930-0

 

Transmisora Eléctrica de Quillota Ltda.

 

Chile

 

Chilean peso

 

 

50.00

%

 

 

8,222,763

 

 

 

—

 

 

 

595,996

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

8,818,759

 

Foreign

 

Enel Argentina S.A.

 

Argentina

 

Argentine peso

 

 

0.12

%

 

 

91,335

 

 

 

—

 

 

 

44,176

 

 

 

—

 

 

 

(29,198

)

 

 

(1,490

)

 

 

323

 

 

 

105,146

 

 

 

 

 

 

 

 

 

TOTAL

 

 

 

18,738,198

 

 

 

1,943,100

 

 

 

(2,696,904

)

 

 

(743,734

)

 

 

(327,039

)

 

 

(1,490

)

 

 

(4,204,910

)

 

 

12,707,221

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of

 

 

 

 

 

 

Share of Profit

 

 

Dividends

 

 

Foreign Currency

 

 

Other Comprehensive

 

 

Other Increase

 

 

Balance as of

 

Taxpayer ID Number

 

Associates and Joint Ventures

 

Country

 

Currency

 

Ownership Interest

 

 

01-01-2016

ThCh$

 

 

Additions

ThCh$

 

 

(Loss)

ThCh$

 

 

Declared

ThCh$

 

 

Translation

ThCh$

 

 

Income

ThCh$

 

 

(Decrease)

ThCh$

 

 

12-31-2016

ThCh$

 

96.806.130-5

 

Electrogas S.A. (*)

 

Chile

 

U.S. dollar

 

 

42.50

%

 

 

12,042,873

 

 

 

—

 

 

 

5,166,226

 

 

 

(3,979,095

)

 

 

(844,372

)

 

 

607,375

 

 

 

(12,993,007

)

 

 

—

 

76.788.080-4

 

GNL Quintero S.A. (**)

 

Chile

 

U.S. dollar

 

 

20.00

%

 

 

17,137,023

 

 

 

—

 

 

 

2,750,075

 

 

 

(2,598,035

)

 

 

(816,094

)

 

 

(12,298,165

)

 

 

(4,174,804

)

 

 

—

 

76.418.940-K

 

GNL Chile S.A.

 

Chile

 

U.S. dollar

 

 

33.33

%

 

 

2,662,029

 

 

 

—

 

 

 

1,491,025

 

 

 

—

 

 

 

(170,120

)

 

 

—

 

 

 

—

 

 

 

3,982,934

 

76.652.400-1

 

Centrales Hidroeléctricas De Aysén S.A.

 

Chile

 

Chilean peso

 

 

51.00

%

 

 

6,280,293

 

 

 

2,346,000

 

 

 

(2,185,127

)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

6,441,166

 

77.017.930-0

 

Transmisora Eléctrica de Quillota Ltda.

 

Chile

 

Chilean peso

 

 

50.00

%

 

 

7,594,153

 

 

 

—

 

 

 

628,610

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

8,222,763

 

Foreign

 

Enel Argentina S.A.

 

Argentina

 

Argentine peso

 

 

0.12

%

 

 

—

 

 

 

235,090

 

 

 

23,610

 

 

 

—

 

 

 

(21,044

)

 

 

(656

)

 

 

(145,665

)

 

 

91,335

 

Foreign

 

Southern Cone S.A.

 

Argentina

 

Argentine peso

 

 

2.00

%

 

 

—

 

 

 

3,326

 

 

 

3,780

 

 

 

—

 

 

 

(1,080

)

 

 

(63

)

 

 

(5,963

)

 

 

—

 

 

 

 

 

 

 

 

 

TOTAL

 

 

 

45,716,371

 

 

 

2,584,416

 

 

 

7,878,199

 

 

 

(6,577,130

)

 

 

(1,852,710

)

 

 

(11,691,509

)

 

 

(17,319,439

)

 

 

18,738,198

 

 

(*)

See Note 5.

 

(**)

See Note 12.1.b.

 

 
Summary of Financial Information from Financial Statements of Investments in Associates

The following tables show financial information as of December 31, 2017 and 2016, from the financial statements of the investments in associates where the Group has significant influence:

 

 

 

As of December 31, 2017

 

 

 

% Ownership

Interest Direct /

 

Current Assets

 

 

Non-current

Assets

 

 

Current Liabilities

 

 

Non-current

Liabilities

 

 

Revenues

 

 

Expenses

 

 

Profit (Loss)

 

 

Other

Comprehensive

Income

 

 

Comprehensive

Income

 

Investments with Significant Influence

 

Indirect

 

ThCh$

 

 

ThCh$

 

 

ThCh$

 

 

ThCh$

 

 

ThCh$

 

 

ThCh$

 

 

ThCh$

 

 

ThCh$

 

 

ThCh$

 

GNL Chile S.A

 

 

33.33

%

 

 

 

71,254,956

 

 

 

148,950

 

 

 

60,052,823

 

 

 

—

 

 

 

687,399,254

 

 

 

(684,873,130

)

 

 

2,526,124

 

 

 

(24,472

)

 

 

2,501,652

 

 

 

 

As of December 31, 2016

 

 

 

% Ownership

Interest Direct /

 

Current Assets

 

 

Non-current

Assets

 

 

Current Liabilities

 

 

Non-current

Liabilities

 

 

Revenues

 

 

Expenses

 

 

Profit (Loss)

 

 

Other

Comprehensive

Income

 

 

Comprehensive

Income

 

Investments with Significant Influence

 

Indirect

 

ThCh$

 

 

ThCh$

 

 

ThCh$

 

 

ThCh$

 

 

ThCh$

 

 

ThCh$

 

 

ThCh$

 

 

ThCh$

 

 

ThCh$

 

GNL Chile S.A

 

 

33.33

%

 

 

 

90,283,944

 

 

 

117,703

 

 

 

78,452,153

 

 

 

—

 

 

 

615,229,994

 

 

 

(610,756,322

)

 

 

4,473,672

 

 

 

(510,406

)

 

 

3,963,266

 

GNL Quintero S.A.

 

 

20.00

%

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

86,471,706

 

 

 

(72,752,059

)

 

 

13,719,647

 

 

 

(65,571,292

)

 

 

(51,851,645

)

Electrogas S.A.

 

 

42.50

%

 

 

 

9,318,456

 

 

 

40,746,438

 

 

 

5,683,680

 

 

 

13,809,430

 

 

 

24,126,070

 

 

 

(11,970,244

)

 

 

12,155,826

 

 

 

(347,369

)

 

 

11,808,457

 

 
Summary of Financial Information from Financial Statements of Main Joint Ventures

The following tables present information from the financial statements as of December 31, 2017 and 2016, on the main joint ventures:

 

 

 

Centrales Hidroeléctricas

 

 

Transmisora Eléctrica

 

 

 

de Aysén S.A.

 

 

de Quillota Ltda.

 

 

 

 

51.0%

 

 

 

51.0%

 

 

 

50.0%

 

 

 

50.0%

 

 

 

12-31-2017

 

 

12-31-2016

 

 

12-31-2017

 

 

12-31-2016

 

Financial statement items

 

ThCh$

 

 

ThCh$

 

 

ThCh$

 

 

ThCh$

 

Total current assets

 

 

355,835

 

 

 

863,962

 

 

 

7,793,702

 

 

 

6,366,378

 

Total non-current assets

 

 

8,030,172

 

 

 

15,159,321

 

 

 

12,036,201

 

 

 

12,034,576

 

Total current liabilities

 

 

139,182

 

 

 

3,324,706

 

 

 

440,426

 

 

 

245,025

 

Total non-current liabilities

 

 

—

 

 

 

68,081

 

 

 

1,751,963

 

 

 

1,710,406

 

Cash and cash equivalents

 

 

355,446

 

 

 

860,719

 

 

 

7,310,296

 

 

 

5,716,196

 

Revenues

 

 

—

 

 

 

—

 

 

 

2,813,493

 

 

 

2,774,316

 

Other fixed operating expenses

 

 

(8,144,855

)

 

 

(4,363,197

)

 

 

(525,471

)

 

 

—

 

Depreciation and amortization expense

 

 

—

 

 

 

—

 

 

 

(782,322

)

 

 

(773,093

)

Interest income

 

 

24,829

 

 

 

42,046

 

 

 

—

 

 

 

134,995

 

Income tax expense

 

 

—

 

 

 

(7,070

)

 

 

(313,709

)

 

 

(225,008

)

Profit (loss)

 

 

(8,193,671

)

 

 

(4,284,131

)

 

 

1,191,991

 

 

 

1,257,220

 

Other comprehensive income

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Comprehensive income

 

 

(8,193,671

)

 

 

(4,284,131

)

 

 

1,191,991

 

 

 

1,257,220