XML 31 R15.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Cash and cash equivalents
 12 Months Ended
Dec. 31, 2023
Cash and cash equivalents [abstract]  
Cash and cash equivalents Cash and cash equivalents
9.1    Types of cash and cash equivalents
As of December 31, 2023 and 2022, cash and cash equivalents are detailed as follows:
CashAs of
December 31,
2023		As of
December 31,
2022
ThUS$ThUS$
Cash on hand33 43 
Cash in banks676,282 529,606 
Other demand deposits709 — 
Total Cash677,024 529,649 
Cash equivalentsAs of
December 31,
2023		As of
December 31,
2022
ThUS$ThUS$
Short-term deposits, classified as cash equivalents23,545 1,099,441 
Short-term investments, classified as cash equivalents340,800 1,026,146 
Total cash equivalents364,345 2,125,587 
Total cash and cash equivalents1,041,369 2,655,236 
9.2    Short-term investments, classified as cash equivalents
As of December 31, 2023 and 2022, the short-term investments classified as cash equivalents relate to mutual funds (investment liquidity funds) for investments in:
InstitutionAs of
December 31,
2023		As of
December 31,
2022
ThUS$ThUS$
Legg Mason - Western Asset Institutional Cash Reserves312,924 590,661 
JP Morgan US dollar Liquidity Fund Institutional22,845 435,485 
Banco Crédito e Inversiones5,031 — 
Total340,800 1,026,146 

Short-term investments are highly liquid mutual funds that are basically invested in short-term fixed rate notes in the U.S. and in Chile market.
9.3    Amount restricted cash balances
The Company has granted a guarantee consisting of financial instruments, specified in deposits, custody and administration to Banco de Chile, for its subsidiary Isapre Norte Grande Ltda., in compliance with the provisions of the Superintendence of Health, which regulates social security health institutions.
According to the regulations of the Superintendence of Health, this guarantee is for the total payable to its affiliates and medical providers. Banco de Chile reports the current value of the guarantee to the Superintendence of Health and Isapre Norte Grande Ltda. on a daily basis.
As of December 31, 2023 and 2022, pledged assets are as follows
Restricted cash balancesAs of
December 31,
2023		As of
December 31,
2022
ThUS$ThUS$
Isapre Norte Grande Ltda.950 717 
Total950 717 
9.4    Short-term deposits, classified as cash equivalents
The detail at the end of each balance date is as follows:
Receiver of the depositType of depositOriginal
Currency		Interest Rate Placement dateExpiration datePrincipalInterest
accrued to-date		As of
December 31, 2023
ThUS$ThUS$ThUS$
Banco SantanderFixed termDollar0.39 %12-11-202301-05-20245,000 16 5,016 
Banco SantanderFixed termDollar0.28 %12-21-202301-08-20241,300 2 1,302 
Banco Crédito e InversionesFixed termDollar0.80 %12-28-202302-16-20241,000 — 1,000 
Itaú CorpbancaFixed termDollar0.27 %12-18-202301-05-20243,000 6 3,006 
Itaú CorpbancaFixed termDollar0.54 %12-04-202301-08-20242,000 8 2,008 
Scotiabank Sud AmericanoFixed termDollar0.45 %12-18-202301-16-20242,700 5 2,705 
Scotiabank Sud AmericanoFixed termDollar0.23 %12-20-202301-04-20242,200 4 2,204 
Scotiabank Sud AmericanoFixed termDollar0.16 %12-29-202301-05-20241,140 1 1,141 
Scotiabank Sud AmericanoFixed termDollar0.78 %12-13-202301-31-2024700 2 702 
Banco de ChileFixed termDollar0.70 %12-27-202302-09-20241,850 1 1,851 
Banco de ChileFixed termDollar1.02 %12-04-202302-05-20241,300 6 1,306 
Banco de ChileFixed termDollar0.77 %12-14-202301-31-20241,300 4 1,304 
Total23,490 55 23,545 
Receiver of the depositType of depositOriginal
Currency		Interest RatePlacement dateExpiration datePrincipalInterest
accrued to-date		As of
December 31,
2022
ThUS$ThUS$ThUS$
Banco Crédito e InversionesFixed termPeso0.95 %11-17-202201-25-202342,998 609 43,607 
Banco Crédito e InversionesFixed termPeso0.94 %12-15-202201-25-2023100,817 537 101,354 
Itaú CorpbancaFixed termPeso0.96 %12-06-202201-05-202341,421 343 41,764 
Itaú CorpbancaFixed termPeso0.96 %12-12-202201-25-2023100,660 644 101,304 
Itaú CorpbancaFixed termPeso0.95 %11-17-202201-25-202332,248 458 32,706 
Itaú CorpbancaFixed termPeso0.95 %11-16-202201-25-202373,831 1,070 74,901 
Itaú CorpbancaFixed termPeso0.96 %12-13-202201-25-202330,146 183 30,329 
SantanderFixed termPeso0.95 %12-16-202201-25-2023103,288 523 103,811 
SantanderFixed termPeso0.94 %12-06-202201-05-202320,710 168 20,878 
Scotiabank Sud AmericanoFixed termPeso0.96 %12-12-202201-25-202350,330 322 50,652 
Scotiabank Sud AmericanoFixed termPeso0.98 %12-13-202201-25-2023100,487 621 101,108 
Scotiabank Sud AmericanoFixed termPeso0.96 %12-13-202201-25-202370,341 428 70,769 
Scotiabank Sud AmericanoFixed termPeso0.97 %12-14-202201-25-2023100,258 584 100,842 
Scotiabank Sud AmericanoFixed termDollar4.54 %11-21-202201-25-202382,000 424 82,424 
Sumitomo Mitsui BankingFixed termDollar4.54%11-21-202201-25-2023122,000 631 122,631 
Banco Crédito e InversionesFixed termDollar0.42%12-06-202201-06-20232,000 7 2,007 
Banco Crédito e InversionesFixed termDollar0.44%12-01-202201-03-20231,500 6 1,506 
Banco Crédito e InversionesFixed termPeso0.22%12-30-202201-06-20232,103 1 2,104 
Banco de ChileFixed termDollar0.95%12-12-202202-14-2023600 2 602 
Itaú CorpbancaFixed termDollar1.02%12-13-202202-16-2023500 2 502 
Itaú CorpbancaFixed termDollar0.46%11-30-202201-03-20231,000 4 1,004 
Itaú CorpbancaFixed termDollar0.42%12-06-202201-06-2023700 2 702 
Itaú CorpbancaFixed termDollar1.07%12-21-202202-27-20231,700 3 1,703 
Scotiabank Sud AmericanoFixed termDollar0.66%12-07-202201-27-20231,000 3 1,003 
Scotiabank Sud AmericanoFixed termDollar0.64%11-16-202201-03-20232,500 15 2,515 
Scotiabank Sud AmericanoFixed termDollar0.72%12-28-202202-13-20232,200 1 2,201 
Scotiabank Sud AmericanoFixed termDollar0.96%12-30-202203-03-2023500 — 500 
Scotiabank Sud AmericanoFixed termDollar0.58%11-22-202201-03-20231,500 8 1,508 
Scotiabank Sud AmericanoFixed termDollar0.38%12-16-202201-13-20231,500 3 1,503 
Scotiabank Sud AmericanoFixed termDollar0.87%12-22-202202-16-20231,000 1 1,001 
Total1,091,838 7,603 1,099,441