Trade and Other Receivables (Tables)

12 Months Ended

Dec. 31, 2019

Disclosure Of Trade And Other Receivables [Abstract]

Summary of Trade and Other Receivables, Net

The detail of trade and other receivables as of December 31, 2019 and 2018, is as follows:


	Balance as of
	Current		Non-Current
Trade and Other Receivables, Gross	12-31-2019 ThUS$	12-31-2018 ThUS$	12-31-2019 ThUS$	12-31-2018 ThUS$

Trade and other receivables, gross	4,243,413	4,350,373	617,218	907,022
Trade receivables, gross	3,219,045	3,017,469	122,428	171,513
Other receivables, gross (1)	1,024,368	1,332,904	494,790	735,509

	Balance as of
	Current		Non-Current
Trade and Other Receivables, Net	12-31-2019 ThUS$	12-31-2018 ThUS$	12-31-2019 ThUS$	12-31-2018 ThUS$

Trade and other receivables, net	3,504,457	3,551,022	587,957	906,508
Trade receivables, net	2,576,458	2,264,869	99,876	171,513
Other receivables, net (1)	927,999	1,286,153	488,081	734,995

Summary of other accounts receivable, net


	Balance as of
	Current		Non-Current
	12-31-2019	12-31-2018	12-31-2019	12-31-2018
Detail of other accounts receivable, net (1)	ThUS$	ThUS$	ThUS$	ThUS$
Sectorial assets Brazil (i)	557,504	859,557	166,040	349,091
Accounts receivable "low income" (ii)	168,025	216,699	-	-
Receivables VOSA project (iii)	42,442	8,546	308,077	370,956
Accounts receivables from employees	11,024	10,629	12,850	12,277
Other	149,004	190,722	1,114	2,671
Total	927,999	1,286,153	488,081	734,995

(i)

Regulatory (or industry-wide) assets and liabilities are recorded as a result of the signing in December 2014 of significant amendments to the original concession agreements entered into by our electricity distribution subsidiaries in Brazil. These amendments established that, in addition to the compensation amounts derived from investments not amortized during the respective concession periods (see note 9 (2)), the balances of regulatory assets and liabilities that had not been recovered or returned through the tariff cycles will also be subject to compensation or return by the Brazilian government. This implies that the realization of these assets or the settlement of liabilities does not depend on the invoicing made to customers during the concession period.

These regulatory assets and liabilities arise from the differences between the actual cost and the cost considered in the tariff adjustments and generate an asset to the extent that the actual cost is greater than the one considered in the tariff, or a liability when the actual costs are lower than those considered in the tariff. These differences are considered by ANEEL, which is the government entity that regulates electricity tariffs in Brazil, in the subsequent tariff adjustment process of each concessionaire company.

In general, as a result of the normal operation of the companies, these regulatory assets and liabilities are collected or settled through invoices to customers over a period that is on average between 10 and 24 months.

(ii)

Accounts receivable to “low income” consumers to which a social discount is applied creating a “low income” final tariff, in which the Brazilian government replenishes such discount to our subsidiaries Enel Distribución Río S.A., Enel Distribución Ceará S.A., Enel Distribución Goias and Enel Distribución Sao Paulo S.A. through a state subsidy.

(iii)

Account receivables related to the Argentine Project.

Summary of Balance of Past Due But Not Impaired Trade Receivables

As of December 31, 2019 and 2018, the analysis of trade accounts receivables due and unpaid, but of which no impairment losses have been recorded, is as follows:


	Balance as of
Trade Receivables Allowance for Credit Loss	12-31-2019 ThUS$	12-31-2018 ThUS$
Less than three months	551,817	452,556
Between three and six months	95,451	133,316
Between six and twelve months	87,226	68,973
More than twelve months	213,357	93,200
Total	947,851	748,045

Disclosure Of Reconciliation Of Changes In Allowance For Impairment Of Trade Receivables Explanatory

The reconciliation of changes in the allowance for credit losses of trade receivables is as follows:


		Current and
Trade Receivables allowace for credit loss		Non-Current ThUS$
Balance as of January 1, 2018		633,058
Initial balance adjustment for IFRS 9		10,286
Increases (decreases) for the year (*)		114,671
Amounts written off		(47,959)
Foreign currency translation differences		(106,837)
Acquisition made through business combination		196,646
Balance as of December 31, 2018		799,865
Increases (decreases) for the year (*)		159,250
Amounts written off		(168,889)
Foreign currency translation differences		(22,009)
Balance as of December 31, 2019		768,217

(*)See Note 30.b Impairment losses trade receivables and other account receivables.