Financial Results (Tables)

12 Months Ended

Dec. 31, 2017

Financial Results [Abstract]

Summary of Financial Income and Costs

Financial income and costs for the years ended December 31, 2017, 2016 and 2015, are as follows:

	For the years ended December 31,
	2017		2016		2015
Financial Income	ThCh$		ThCh$		ThCh$
Income from deposits and other financial instruments		8,377,023		5,733,428		2,566,017
Interests charged to customers in energy accounts and billing		8,556,587		—		—
Other financial income		4,729,078		17,372,473		12,704,152
Total Financial Income		21,662,688		23,105,901		15,270,169

	For the years ended December 31,
	2017			2016			2015
Financial Costs	ThCh$			ThCh$			ThCh$
Financial Costs		(53,510,882	)		(58,199,382	)		(66,700,698	)
Bank loans		(12,585	)		(2,034,277	)		(131,502	)
Secured and unsecured obligations		(42,708,253	)		(44,268,489	)		(51,697,708	)
Financial leasing		(811,172	)		(780,953	)		(1,039,013	)
Valuation of financial derivatives		(1,067,820	)		(824,922	)		(1,725,211	)
Financial provisions (1)		(2,347,087	)		(2,551,211	)		(1,881,826	)
Post-employment benefit obligations (2)		(2,678,300	)		(2,517,406	)		(2,299,944	)
Debt formalization expenses and other associated expenses		(836,174	)		—			—
Capitalized borrowing costs		4,078,463			3,001,211			2,221,329
Other financial costs		(7,127,954	)		(8,223,335	)		(10,146,823	)
Loss from indexed assets and liabilities (*)		916,666			1,631,840			4,839,077
Foreign currency exchange differences (**)		8,516,874			12,978,471			(51,277,332	)
Total Financial Costs		(44,077,342	)		(43,589,071	)		(113,138,953	)
Total Financial Results		(22,414,654	)		(20,483,170	)		(97,868,784	)

(1) See note 22.

(2) See note 23.

Summary of Effects on Exchange Differences and Application of Indexed Assets and Liabilities

(*) and (**) The effects on financial results from exchange differences and the application of indexed assets and liabilities originated from the following:

	For the years ended December 31,
	2017			2016			2015
Profit (losses) from Indexed Assets and Liabilities (*)	ThCh$			ThCh$			ThCh$
Other financial assets		4,659,933			7,237,000			10,153,342
Other non-financial assets		—			—			840,108
Trade and other receivables		155,158			1,077,086			745,270
Current tax assets and liabilities		1,654,538			2,349,415			6,052,524
Other financial liabilities (financial debt and derivative    instruments)		(5,551,163	)		(9,014,858	)		(12,864,959	)
Trade and other payables		(1,800	)		(16,803	)		(73,133	)
Other provisions		—			—			(14,075	)
Total		916,666			1,631,840			4,839,077
	For the years ended December 31,
	2017			2016			2015
Foreign Currency Exchange Differences (**)	ThCh$			ThCh$			ThCh$
Cash and cash equivalents		2,931,086			240,451			5,021,381
Other financial assets		10,895,862			25,476,638			10,637,768
Trade and other receivables		390,764			2,595,997			10,313,151
Current tax assets and liabilities		(188,270	)		—			—
Other financial liabilities (financial debt and derivative    instruments)		(4,358,937	)		(18,538,354	)		(30,533,746	)
Trade and other payables		(1,152,505	)		3,203,739			(46,715,886	)
Other non-financial liabilities		(1,126	)		—			—
Total		8,516,874			12,978,471			(51,277,332	)