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Financial instruments (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure Of Financials instruments [Abstract]  
Disclosure of detailed information about other financial assets [Text Block]
10.1
Types of other financial assets
 
Description of other financial assets
 
12/31/2017
ThUS$
 
12/31/2016
ThUS$
 
 
 
 
 
 
 
 
 
Other current financial assets (1)
 
 
360,941
 
 
284,160
 
Derivatives (2)
 
 
6,038
 
 
4,095
 
Hedging assets
 
 
-
 
 
934
 
Total other current financial assets
 
 
366,979
 
 
289,189
 
 
 
 
 
 
 
 
 
Other non-current financial assets (3)
 
 
42,879
 
 
14,099
 
Total other non-current financial assets
 
 
42,879
 
 
14,099
 
 
(1)
Relates to term deposits with maturities exceeding 90 days and less than 360 days from the investment date.
 
(2)
Relates to forwards and options that were not classified as hedging instruments (see detail in Note 10.3).
 
(3)
The detail of other financial assets, non-current is as follows:
 
 
 
12/31/2017
ThUS$
 
12/31/2016
ThUS$
 
 
 
 
 
 
 
 
 
Non-current investments not accounted for using the equity accounting method, classified as available for sale
 
 
9,179
 
 
6,899
 
Hedging assets
 
 
8,910
 
 
7,156
 
Contribution for constitution of Joint Venture (1)
 
 
24,745
 
 
-
 
Other financial assets, non-current
 
 
45
 
 
44
 
Total other financial assets, non-current
 
 
42,879
 
 
14,099
 
 
(1)
SQM Potasio S.A. contributed ThUS$24,745 to set up Western Australia Lithium (WAL). This has still not been legally constituted as a company, so the funds remain in trust waiting to be transferred to WAL.
Disclosure of detailed information about other non current financial assets [Text Block]
The detail of other financial assets, non-current is as follows:
 
 
 
12/31/2017
ThUS$
 
12/31/2016
ThUS$
 
 
 
 
 
 
 
 
 
Non-current investments not accounted for using the equity accounting method, classified as available for sale
 
 
9,179
 
 
6,899
 
Hedging assets
 
 
8,910
 
 
7,156
 
Contribution for constitution of Joint Venture (1)
 
 
24,745
 
 
-
 
Other financial assets, non-current
 
 
45
 
 
44
 
Total other financial assets, non-current
 
 
42,879
 
 
14,099
 
 
(1)
SQM Potasio S.A. contributed ThUS$
24,745
to set up Western Australia Lithium (WAL). This has still not been legally constituted as a company, so the funds remain in trust waiting to be transferred to WAL.
Disclosure of detailed information about other current financial assets [Text Block]
Detail of other current financial assets
 
Institution
 
12/31/2017
ThUS$
 
12/31/2016
ThUS$
 
Banco Santander
 
 
163,269
 
 
54,364
 
Banco de Crédito e Inversiones
 
 
71,748
 
 
40,627
 
Banco Itaú - Corpbanca
 
 
77,527
 
 
63,969
 
Banco Security
 
 
28,592
 
 
15,007
 
Morgan Stanley
 
 
-
 
 
3,150
 
Scotiabank Sud Americano
 
 
13,764
 
 
107,043
 
Banco Chile
 
 
4,834
 
 
-
 
Banco BBVA Chile
 
 
1,207
 
 
-
 
Total
 
 
360,941
 
 
284,160
 
Disclosure of trade and other receivables [text block]
10.2
Trade and other receivables
 
 
 
12/31/2017
 
12/31/2016
 
 
 
Current
 
Non-current
 
Total
 
Current
 
Non-current
 
Total
 
 
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$$
 
ThUS$
 
Trade receivables
 
 
412,321
 
 
-
 
 
412,321
 
 
344,839
 
 
-
 
 
344,839
 
Prepayments
 
 
16,177
 
 
-
 
 
16,177
 
 
6,621
 
 
-
 
 
6,621
 
Other receivables
 
 
18,377
 
 
1,912
 
 
20,289
 
 
17,301
 
 
1,840
 
 
19,141
 
Total trade and other receivables
 
 
446,875
 
 
1,912
 
 
448,787
 
 
368,761
 
 
1,840
 
 
370,601
 
 
 
 
12/31/2017
 
12/31/2016
 
 
 
Assets before
allowances
 
Allowance for
doubtful trade
receivables
 
Assets for trade
receivables, net
 
Assets before
allowances
 
Allowance for
doubtful trade
receivables
 
Assets for trade
receivables, net
 
 
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
Receivables related to credit operations, current
 
 
427,400
 
 
(15,079)
 
 
412,321
 
 
361,656
 
 
(16,817)
 
 
344,839
 
Trade receivables, current
 
 
427,400
 
 
(15,079)
 
 
412,321
 
 
361,656
 
 
(16,817)
 
 
344,839
 
Prepayments, current
 
 
16,877
 
 
(700)
 
 
16,177
 
 
9,421
 
 
(2,800)
 
 
6,621
 
Other receivables, current
 
 
23,409
 
 
(5,032)
 
 
18,377
 
 
19,300
 
 
(1,999)
 
 
17,301
 
Current trade and other receivables
 
 
40,286
 
 
(5,732)
 
 
34,554
 
 
28,721
 
 
(4,799)
 
 
23,922
 
Other receivables, non-current
 
 
1,912
 
 
-
 
 
1,912
 
 
1,840
 
 
-
 
 
1,840
 
Non-current receivables
 
 
1,912
 
 
-
 
 
1,912
 
 
1,840
 
 
-
 
 
1,840
 
Total trade and other receivables
 
 
469,598
 
 
(20,811)
 
 
448,787
 
 
392,217
 
 
(21,616)
 
 
370,601
 
Disclosure of detailed information about trade and other receivables [Text Block]
 
 
12/31/2017
 
12/31/2016
 
 
 
Assets before
allowances
 
Allowance for
doubtful trade
receivables
 
Assets for trade
receivables, net
 
Assets before
allowances
 
Allowance for
doubtful trade
receivables
 
Assets for trade
receivables, net
 
 
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
Receivables related to credit operations, current
 
 
427,400
 
 
(15,079)
 
 
412,321
 
 
361,656
 
 
(16,817)
 
 
344,839
 
Trade receivables, current
 
 
427,400
 
 
(15,079)
 
 
412,321
 
 
361,656
 
 
(16,817)
 
 
344,839
 
Prepayments, current
 
 
16,877
 
 
(700)
 
 
16,177
 
 
9,421
 
 
(2,800)
 
 
6,621
 
Other receivables, current
 
 
23,409
 
 
(5,032)
 
 
18,377
 
 
19,300
 
 
(1,999)
 
 
17,301
 
Current trade and other receivables
 
 
40,286
 
 
(5,732)
 
 
34,554
 
 
28,721
 
 
(4,799)
 
 
23,922
 
Other receivables, non-current
 
 
1,912
 
 
-
 
 
1,912
 
 
1,840
 
 
-
 
 
1,840
 
Non-current receivables
 
 
1,912
 
 
-
 
 
1,912
 
 
1,840
 
 
-
 
 
1,840
 
Total trade and other receivables
 
 
469,598
 
 
(20,811)
 
 
448,787
 
 
392,217
 
 
(21,616)
 
 
370,601
 
Disclosure of financial assets that are either past due or impaired [text block]
As of December 31, 2017 the detail of the uncollateralized portfolio is as follows:
 
 
 
Current
 
Between 1
and 30
days
 
Between 31
and 60
days
 
Between 61
and 90
days
 
More than
91 days
 
Total
 
 
 
THUS$
 
THUS$
 
THUS$
 
THUS$
 
THUS$
 
THUS$
 
Number of customers, portfolio under no renegotiated terms
 
 
2,282
 
 
194
 
 
68
 
 
21
 
 
21
 
 
2,586
 
Portfolio under no renegotiated terms
 
 
388,516
 
 
20,022
 
 
9,909
 
 
851
 
 
8,102
 
 
427,400
 
Number of customers under renegotiated terms portfolio
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Portfolio under renegotiated terms, gross
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Total gross portfolio
 
 
388,516
 
 
20,022
 
 
9,909
 
 
851
 
 
8,102
 
 
427,400
 
 
 
As of December 31, 2016 the detail of the uncollateralized portfolio is
as follows:
 
 
 
Current
 
Between 1
and 30
days
 
Between 31
and 60
days
 
Between 61
and 90
days
 
More than
91 days
 
Total
 
Number of customers, portfolio under no renegotiated terms
 
 
503
 
 
173
 
 
59
 
 
19
 
 
40
 
 
794
 
Number of customers under renegotiated terms portfolio
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Total gross portfolio
 
 
304,072
 
 
42,732
 
 
7,218
 
 
1,182
 
 
6,452
 
 
361,656
 
 
 
Disclosure of allowance for credit losses [text block]
 
Hedging assets with
underlying debt
 
Derivative
instruments
(Fwds)
 
Effect on profit or
 loss for the period

Derivative
instruments
 
Hedging reserve
in gross equity
 
Deferred tax
hedging
reserve in
equity
 
Hedging
reserve in
equity
 
 
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
December 31, 2017
 
 
8,910
 
 
5,641
 
 
2,170
 
 
-
 
 
2,170
 
 
Hedging liabilities
with underlying debt
 
Derivative
instruments
(CCS)
 
Effect on profit or
 loss for the period
Derivative
instruments
 
Hedging reserve
in gross equity
 
Deferred tax
hedging
reserve in
equity
 
Hedging
reserve in
equity
 
 
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2017
 
 
17,128
 
 
33,696
 
 
41
 
 
-
 
 
41
 
 
Hedging liabilities with
underlying
investments
 
Derivative
instruments
(CCS)
 
Effect on profit or
 loss for the period
Derivative
instruments
 
Hedging reserve
in gross equity
 
Deferred tax
hedging
reserve in
equity
 
Hedging
reserve in
equity
 
 
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
December 31, 2017
 
 
(20,159)
 
 
(20,256)
 
 
97
 
 
-
 
 
97
 
 
Hedging assets with
underlying debt
 
Derivative
instruments
(Fwds)
 
Effect on profit or
 loss for the period

Derivative
instruments
 
Hedging reserve
in gross equity
 
Deferred tax
hedging
reserve in
equity
 
Hedging
reserve in
equity
 
 
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
December 31, 2016
 
 
830
 
 
789
 
 
41
 
 
(9)
 
 
32
 
 
Hedging liabilities
with underlying debt
 
Derivative
instruments
(CCS)
 
Effect on profit or
 loss for the period
Derivative
instruments
 
Hedging reserve
in gross equity
 
Deferred tax
hedging
reserve in
equity
 
Hedging
reserve in
equity
 
 
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2016
 
 
43,235
 
 
28,108
 
 
(29)
 
 
5
 
 
(24)
 

Hedging liabilities with
underlying
investments
 
Derivative
instruments
(CCS)
 
Effect on profit or
loss for the period
Derivative
instruments
 
Hedging reserve
in gross equity
 
Deferred tax
hedging
reserve in
equity
 
Hedging
reserve in
equity
 
 
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
 
ThUS$
 
December 31, 2016
 
 
218
 
 
(294)
 
 
76
 
 
(19)
 
 
57
 
 
Hedging liabilities with
underlying
investments
 
Derivative
instruments
(CCS)
 
Effect on profit or
loss for the period
Derivative
instruments
 
Hedging reserve
in gross equity
 
Deferred tax
hedging
reserve in
equity
 
Hedging
reserve in
equity
 
 
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
 
ThUS$
 
December 31, 2015
 
 
74.786
 
 
(29.245)
 
 
86
 
 
96
 
 
182
 
Disclosure of maturity analysis for derivative financial liabilities [text block]
Derivative contract maturities are detailed as follows:
 
Series
 
Contract amount
 
Currency
 
Maturity date
 
 
 
ThUS$
 
 
 
 
 
H
 
 
191,638
 
UF
 
01/05/2018
 
O
 
 
58,748
 
UF
 
02/01/2022
 
Disclosure of financial liabilities [text block]
As of December 31, 2017 and December 31, 2016, the detail is as follows:
 
 
 
12/31/2017
 
12/31/2016
 
 
 
Current
 
Non-current
 
Total
 
Current
 
Non-current
 
Total
 
 
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
Bank borrowings
 
 
163,568
 
 
-
 
 
163,568
 
 
101,270
 
 
-
 
 
101,270
 
Obligations with the public (bonds)
 
 
13,494
 
 
1,031,507
 
 
1,045,001
 
 
58,973
 
 
1,059,706
 
 
1,118,679
 
Derivatives
 
 
5,979
 
 
-
 
 
5,979
 
 
1,920
 
 
-
 
 
1,920
 
Hedging liabilities
 
 
37,287
 
 
-
 
 
37,287
 
 
16,981
 
 
33,732
 
 
50,713
 
Total
 
 
220,328
 
 
1,031,507
 
 
1,251,835
 
 
179,144
 
 
1,093,438
 
 
1,272,582
 
Disclosure of detailed information about borrowings [text block]
As of December 31, 2017 and December 31, 2016, the detail is as follows:
 
 
 
12/31/2017
 
12/31/2016
 
 
 
ThUS$
 
ThUS$
 
Long-term bank borrowings
 
 
-
 
 
-
 
 
 
 
 
 
 
 
 
Short-term bank borrowings
 
 
163,568
 
 
101.270
 
Short-term borrowings and current portion of long-term borrowings
 
 
163,568
 
 
101.270
 
Total bank borrowings
 
 
163,568
 
 
101.270
 
Disclosure of detailed information about short term borrowings [Text Block]
As of December 31, 2017 and December 31, 2016, the detail of this caption is as follows:
 
Debtor
 
Creditor
 
Currency or
 
 
 
 
 
 
 
Tax ID No
 
Company
 
Country
 
Tax ID No.
 
Financial institution
 
Country
 
adjustment
index
 
Repayment
 
Effective
rate
 
Nominal
rate
 
93,007,000-9
 
SQM.S.A.
 
Chile
 
97,018,000-1
 
Scotiabank Sud Americano
 
Chile
 
US$
 
Upon maturity
 
1.63
%
1.63
%
93,007,000-9
 
SQM.S.A.
 
Chile
 
97,018,000-1
 
Scotiabank Sud Americano
 
Chile
 
US$
 
Upon maturity
 
1.73
%
1.73
%
93,007,000-9
 
SQM.S.A.
 
Chile
 
97,018,000-1
 
Scotiabank Sud Americano
 
Chile
 
US$
 
Upon maturity
 
1.73
%
1.73
%
93,007,000-9
 
SQM S.A.
 
Chile
 
97,018,000-1
 
Banco Estado
 
Chile
 
US$
 
Upon maturity
 
1.64
%
1.64
%
93,007,000-9
 
SQM S.A.
 
Chile
 
97,018,000-1
 
Banco Estado
 
Chile
 
US$
 
Upon maturity
 
1.67
%
1.67
%
93,007,000-9
 
SQM S.A.
 
Chile
 
97,018,000-1
 
Banco Estado
 
Chile
 
US$
 
Upon maturity
 
1.67
%
1.67
%
79,626,800-K
 
SQM Salar S.A.
 
Chile
 
97,018,000-1
 
Banco Estado
 
Chile
 
US$
 
Upon maturity
 
1.91
%
1.91
%
79,626,800-K
 
SQM Salar S.A.
 
Chile
 
97,018,000-1
 
Scotiabank Sud Americano
 
Chile
 
US$
 
Upon maturity
 
1.94
%
1.94
%
79,947,100-0
 
SQM Industrial S.A.
 
Chile
 
97,030,000-7
 
Banco Estado
 
Chile
 
US$
 
Upon maturity
 
1.74
%
1.74
%
79,947,100-0
 
SQM Industrial S.A.
 
Chile
 
97,030,000-7
 
Banco Estado
 
Chile
 
US$
 
Upon maturity
 
1.65
%
1.65
%
 
 
 
 
 
12/31/2017
 
12/31/2017
 
Debtor
 
Creditor
 
Nominal amounts
 
Current amounts
Company
 
Financial institution
 
Up to 90
days
ThUS$
 
90 days to
1 year
ThUS$
 
Total
ThUS$
 
Up to 90
days
ThUS$
 
90 days to
1 year
ThUS$
 
Subtotal
ThUS$
 
Borrowing
costs
ThUS$
 
Total ThUS$
 
SQM,S,A,
 
Scotiabank Sud Americano
 
 
-
 
 
20,000
 
 
20,000
 
 
-
 
 
20,137
 
 
20,137
 
 
-
 
 
20,137
 
SQM,S,A,
 
Scotiabank Sud Americano
 
 
-
 
 
17,000
 
 
17,000
 
 
-
 
 
17,140
 
 
17,140
 
 
-
 
 
17,140
 
SQM,S,A,
 
Scotiabank Sud Americano
 
 
-
 
 
3,000
 
 
3,000
 
 
-
 
 
3,025
 
 
3,025
 
 
-
 
 
3,025
 
SQM,S,A,
 
Banco Estado
 
 
15,000
 
 
-
 
 
15,000
 
 
15,011
 
 
-
 
 
15,011
 
 
-
 
 
15,011
 
SQM,S,A,
 
Banco Estado
 
 
15,000
 
 
-
 
 
15,000
 
 
15,011
 
 
-
 
 
15,011
 
 
-
 
 
15,011
 
SQM,S,A,
 
Banco Estado
 
 
15,000
 
 
-
 
 
15,000
 
 
15,011
 
 
-
 
 
15,011
 
 
-
 
 
15,011
 
SQM Salar S,A,
 
Banco Estado
 
 
-
 
 
20,000
 
 
20,000
 
 
-
 
 
20,071
 
 
20,071
 
 
-
 
 
20,071
 
SQM Salar S,A,
 
Scotiabank Sud Americano
 
 
-
 
 
20,000
 
 
20,000
 
 
-
 
 
20,072
 
 
20,072
 
 
-
 
 
20,072
 
SQM Industrial S,A,
 
Banco Estado
 
 
-
 
 
20,000
 
 
20,000
 
 
-
 
 
20,064
 
 
20,064
 
 
-
 
 
20,064
 
SQM Industrial S,A,
 
Banco Estado
 
 
18,000
 
 
-
 
 
18,000
 
 
18,026
 
 
-
 
 
18,026
 
 
-
 
 
18,026
 
Total
 
 
 
 
63,000
 
 
100,000
 
 
163,000
 
 
63,059
 
 
100,509
 
 
163,568
 
 
-
 
 
163,568
 
 
Debtor
 
 
 
Creditor
 
Currency or
 
 
 
 
 
 
 
Tax ID No
 
Company
 
Country
 
Tax ID No.
 
Financial institution
 
Country
 
adjustment
index
 
Repayment
 
Effective
rate
 
Nominal 
rate
 
93,007,000-9
 
SQM.S.A.
 
Chile
 
97,018,000-1
 
Scotiabank Sud Americano
 
Chile
 
US$
 
Upon maturity
 
1.00
%
1.00
%
93,007,000-9
 
SQM.S.A.
 
Chile
 
97,030,000-7
 
Banco Estado
 
Chile
 
US$
 
Upon maturity
 
4.3
%
4.3
%
93,007,000-9
 
SQM.S.A.
 
Chile
 
97,018,000-1
 
Scotiabank Sud Americano
 
Chile
 
US$
 
Upon maturity
 
0.74
%
0.85
%
93,007,000-9
 
SQM.S.A.
 
Chile
 
97,018,000-1
 
Scotiabank Sud Americano
 
Chile
 
US$
 
Upon maturity
 
0.74
%
0.84
%
79,626,800-K
 
SQM Salar S.A.
 
Chile
 
97,018,000-1
 
Scotiabank Sud Americano
 
Chile
 
US$
 
Upon maturity
 
1.34
%
0.84
%
79,947,100-0
 
SQM Industrial S.A.
 
Chile
 
97,030,000-7
 
Banco Estado
 
Chile
 
US$
 
Upon maturity
 
1.20
%
1.20
%
 
 
 
 
 
12/31/2016
 
1231/2016
 
Debtor
 
Creditor
 
Nominal amounts
 
Current amounts
 
Company
 
Financial institution
 
Up to 90
days
ThUS$
 
90 days to
1 year
ThUS$
 
Total
ThUS$
 
Up to 90
days
ThUS$
 
90 days to
1 year
ThUS$
 
Subtotal
ThUS$
 
Borrowing
costs
ThUS$
 
Total ThUS$
 
SQM.S.A.
 
Scotiabank Sud Americano
 
 
-
 
 
20,000
 
 
20,000
 
 
30
 
 
20,000
 
 
20,030
 
 
-
 
 
20,030
 
SQM.S.A.
 
Banco Estado
 
 
-
 
 
20,412
 
 
20,412
 
 
-
 
 
20,919
 
 
20,919
 
 
-
 
 
20,919
 
SQM.S.A.
 
Scotiabank Sud Americano
 
 
-
 
 
17,000
 
 
17,000
 
 
-
 
 
17,057
 
 
17,057
 
 
-
 
 
17,057
 
SQM.S.A.
 
Scotiabank Sud Americano
 
 
-
 
 
3,000
 
 
3,000
 
 
-
 
 
3,010
 
 
3,010
 
 
-
 
 
3,010
 
SQM Salar S.A.
 
Scotiabank Sud Americano
 
 
-
 
 
20,000
 
 
20,000
 
 
-
 
 
20,042
 
 
20,042
 
 
-
 
 
20,042
 
SQM Industrial S.A.
 
Banco Estado
 
 
20,000
 
 
-
 
 
20,000
 
 
20,212
 
 
-
 
 
20,212
 
 
-
 
 
20,212
 
Total
 
 
 
 
20,000
 
 
80,412
 
 
100,412
 
 
20,242
 
 
81,028
 
 
101,270
 
 
-
 
 
101,270
Disclosure of detailed information about current maturities of unsecured obligations [Text Block]
As of December 31, 2017 and December 31, 2016, the detail of current unsecured interest-bearing obligations is composed of promissory notes and bonds, as follows:
Bonds
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Debtor
 
 
 
 
 
 
 
 
 
Periodicity
 
 
 
 
 
 
 
Tax ID No.
 
Company
 
País
 
Number of
registration or ID
of the instrument
 
Series
 
Maturity
date
 
Currency or
adjustment
index
 
Payment of
interest
 
Repayment
 
Effective rate
 
 
Nominal
rate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
93,007,000-9
 
SQM S.A.
 
Chile
 
-
 
ThUS$250,000
 
04/21/2018
 
US$
 
Semiannual
 
Upon maturity
 
1.47
%
 
 
5.50
%
93,007,000-9
 
SQM S.A.
 
Chile
 
-
 
ThUS$250,000
 
01/28/2018
 
US$
 
Semiannual
 
Upon maturity
 
3.17
%
 
 
4.38
%
93,007,000-9
 
SQM S.A.
 
Chile
 
-
 
ThUS$300,000
 
0403//2018
 
US$
 
Semiannual
 
Upon maturity
 
2.12
%
 
 
3.63
%
93,007,000-9
 
SQM S.A.
 
Chile
 
564
 
H
 
01/05/2018
 
UF
 
Semiannual
 
Semiannual
 
2.18
%
 
 
4.90
%
93,007,000-9
 
SQM S.A.
 
Chile
 
699
 
O
 
02/01/2018
 
UF
 
Semiannual
 
Upon maturity
 
2.80
%
 
 
3.80
%
 
 
 
 
 
 
 
12/31/2017
 
12/31/2017
 
 
 
 
 
 
 
Nominal maturities
 
Current maturities
 
Company
 
Country
 
Series
 
Up to 90
days
 
91 days to 1
year
 
Total
 
Up to 90
days
 
91 days to 1
year
 
Subtotal
 
Bond
issuance
costs
 
Total
 
 
 
 
 
 
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
SQM S,A,
 
Chile
 
ThUS$250,000
 
 
-
 
 
-
 
 
-
 
 
-
 
 
2,674
 
 
2,674
 
 
(385)
 
 
2,289
 
SQM S,A,
 
Chile
 
ThUS$250,000
 
 
-
 
 
-
 
 
-
 
 
4,648
 
 
-
 
 
4,648
 
 
(433)
 
 
4,215
 
SQM S,A,
 
Chile
 
ThUS$300,000
 
 
-
 
 
-
 
 
-
 
 
-
 
 
2,658
 
 
2,658
 
 
(615)
 
 
2,043
 
SQM S,A,
 
Chile
 
H
 
 
-
 
 
-
 
 
-
 
 
4,127
 
 
-
 
 
4,127
 
 
(139)
 
 
3,988
 
SQM S,A,
 
Chile
 
O
 
 
-
 
 
-
 
 
-
 
 
1,026
 
 
-
 
 
1,026
 
 
(67)
 
 
959
 
Total
 
 
 
 
 
 
-
 
 
-
 
 
-
 
 
9,801
 
 
5,332
 
 
15,133
 
 
(1,639)
 
 
13,494
 
 
Debtor
 
 
 
 
 
 
 
 
 
Periodicity
 
 
 
 
 
Tax ID No.
 
Company
 
País
 
Number of
registration or ID
of the instrument
 
Series
 
Maturity
date
 
Currency or
adjustment
index
 
Payment of
interest
 
Repayment
 
Effective rate
 
Nominal
rate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
93,007,000-9
 
SQM S.A.
 
Chile
 
-
 
ThUS$250,000
 
10/21/2016
 
US$
 
Semiannual
 
Upon maturity
 
1.97
%
 
5.50
%
93,007,000-9
 
SQM S.A.
 
Chile
 
-
 
ThUS$250,000
 
01/28/2017
 
US$
 
Semiannual
 
Upon maturity
 
3.61
%
 
4.38
%
93,007,000-9
 
SQM S.A.
 
Chile
 
-
 
ThUS$300,000
 
10/03/2016
 
US$
 
Semiannual
 
Upon maturity
 
2.48
%
 
3.63
%
93,007,000-9
 
SQM S.A.
 
Chile
 
446
 
C
 
12/01/2016
 
UF
 
Semiannual
 
Semiannual
 
1.34
%
 
4.00
%
93,007,000-9
 
SQM S.A.
 
Chile
 
564
 
H
 
01/05/2017
 
UF
 
Semiannual
 
Semiannual
 
2.47
%
 
4.90
%
93,007,000-9
 
SQM S.A.
 
Chile
 
700
 
M
 
02/01/2017
 
UF
 
Semiannual
 
Upon maturity
 
0.69
%
 
3.30
%
93,007,000-9
 
SQM S.A.
 
Chile
 
699
 
O
 
02/01/2017
 
UF
 
Semiannual
 
Upon maturity
 
3.00
%
 
3.80
%
 
 
 
 
 
 
 
12/31/2016
 
12/31/2016
 
 
 
 
 
 
 
Nominal maturities
 
Current maturities
 
Company
 
Country
 
Series
 
Up to 90
days
 
91 days to 1
year
 
Total
 
Up to 90
days
 
91 days to 1
year
 
Subtotal
 
Bond
issuance
costs
 
Total
 
 
 
 
 
 
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
SQM S,A,
 
Chile
 
ThUS$250,000
 
 
-
 
 
-
 
 
-
 
 
-
 
 
2,674
 
 
2,674
 
 
(386)
 
 
2,288
 
SQM S,A,
 
Chile
 
ThUS$250,000
 
 
-
 
 
-
 
 
-
 
 
4,649
 
 
-
 
 
4,649
 
 
(433)
 
 
4,216
 
SQM S,A,
 
Chile
 
ThUS$300,000
 
 
-
 
 
-
 
 
-
 
 
-
 
 
2,658
 
 
2,658
 
 
(615)
 
 
2,043
 
SQM S,A,
 
Chile
 
C
 
 
-
 
 
5,903
 
 
5,903
 
 
-
 
 
6,098
 
 
6,098
 
 
-
 
 
6,098
 
SQM S,A,
 
Chile
 
H
 
 
-
 
 
-
 
 
-
 
 
3,726
 
 
-
 
 
3,726
 
 
(139)
 
 
3,587
 
SQM S,A,
 
Chile
 
M
 
 
39,356
 
 
-
 
 
39,356
 
 
39,893
 
 
-
 
 
39,893
 
 
(11)
 
 
39,882
 
SQM S,A,
 
Chile
 
O
 
 
-
 
 
-
 
 
-
 
 
926
 
 
-
 
 
926
 
 
(67)
 
 
859
 
Total
 
 
 
 
 
 
39,356
 
 
5,903
 
 
45,259
 
 
49,194
 
 
11,430
 
 
60,624
 
 
(1,651)
 
 
58,973
Disclosure of detailed information about non current maturities of unsecured obligations [Text Block]
The breakdown of non-current unsecured interest-bearing bonds as of December 31, 2017 and December 31, 2016 is detailed as follows:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Periodicity
 
 
 
 
 
Tax ID No.
 
Company
 
Country
 
Number of
registration or ID
of the instrument
 
Series
 
Maturity date
 
Currency or
adjustment index
 
Payment of
interest
 
Repayment
 
Effective
rate
 
Nominal
rate
 
93,007,000-9
 
SQM S.A.
 
Chile
 
-
 
ThUS$250,000
 
04/21/2020
 
US$
 
Semiannual
 
Upon maturity
 
5.50
%
5.50
%
93,007,000-9
 
SQM S.A.
 
Chile
 
-
 
ThUS$250,000
 
01/28/2025
 
US$
 
Semiannual
 
Upon maturity
 
4.38
%
4.38
%
93,007,000-9
 
SQM S.A.
 
Chile
 
-
 
ThUS$300,000
 
04/03/2023
 
US$
 
Semiannual
 
Upon maturity
 
3.63
%
3.63
%
93,007,000-9
 
SQM S.A.
 
Chile
 
564
 
H
 
01/05/2030
 
UF
 
Semiannual
 
Semiannual
 
4.90
%
6.01
%
93,007,000-9
 
SQM S.A.
 
Chile
 
699
 
O
 
02/01/2033
 
UF
 
Semiannual
 
Upon maturity
 
3.80
%
3.80
%
 
Nominal non-current maturities
12/31/2017
 
Non-current maturities
12/31/2017
 
Series
 
Over 1
year to 2
 
Over 2
years to 3
 
Over 3
Years to 4
 
Over 4
Years to 5
 
Over 5
years
 
Total
 
Over 1
year to 2
 
Over 2
years to 3
 
Over 3
Years to 4
 
Over 4
Years to 5
 
Over 5
years
 
Subtotal
 
Bond issuance costs
 
Total
 
 
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
ThUS$
ThUS$
 
ThUS$
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
MUS$250
 
 
250,000
 
 
-
 
 
-
 
 
-
 
 
-
 
 
250,000
 
 
250,000
 
 
-
 
 
-
 
 
-
 
 
-
 
 
250,000
 
 
(517)
 
 
249,483
 
MUS$250
 
 
-
 
 
-
 
 
-
 
 
-
 
 
250,000
 
 
250,000
 
 
-
 
 
-
 
 
-
 
 
-
 
 
250,000
 
 
250,000
 
 
(2,636)
 
 
247,364
 
MUS$300
 
 
-
 
 
-
 
 
-
 
 
-
 
 
300,000
 
 
300,000
 
 
-
 
 
-
 
 
-
 
 
-
 
 
300,000
 
 
300,000
 
 
(2,618)
 
 
297,382
 
H
 
 
-
 
 
-
 
 
-
 
 
-
 
 
174,367
 
 
174,367
 
 
-
 
 
-
 
 
-
 
 
-
 
 
174,367
 
 
174,367
 
 
(1,532)
 
 
172,835
 
O
 
 
-
 
 
-
 
 
-
 
 
-
 
 
65,388
 
 
65,388
 
 
-
 
 
-
 
 
-
 
 
-
 
 
65,388
 
 
65,388
 
 
(945)
 
 
64,443
 
Total
 
 
250,000
 
 
-
 
 
-
 
 
-
 
 
789,755
 
 
1,039,755
 
 
250,000
 
 
-
 
 
-
 
 
-
 
 
789,755
 
 
1,039,755
 
 
(8,248)
 
 
1,031,507
 
 
 
Tax ID No.
 
Company
 
Country
 
Number of
registration or ID
of the instrument
 
Series
 
Maturity date
 
Currency or
adjustment index
 
Payment of
interest
 
Repayment
 
Effective
rate
 
Nominal
rate
 
93,007,000-9
 
SQM S.A.
 
Chile
 
-
 
ThUS$250,000
 
04/21/2020
 
US$
 
Semiannual
 
Upon maturity
 
5.94
%
5.50
%
93,007,000-9
 
SQM S.A.
 
Chile
 
-
 
ThUS$250,000
 
01/28/2025
 
US$
 
Semiannual
 
Upon maturity
 
4.62
%
4.38
%
93,007,000-9
 
SQM S.A.
 
Chile
 
-
 
ThUS$300,000
 
04/03/2023
 
US$
 
Semiannual
 
Upon maturity
 
3.95
%
3.63
%
93,007,000-9
 
SQM S.A.
 
Chile
 
446
 
C
 
12/01/2026
 
UF
 
Semiannual
 
Semiannual
 
5.57
%
4.00
%
93,007,000-9
 
SQM S.A.
 
Chile
 
564
 
H
 
01/05/2030
 
UF
 
Semiannual
 
Semiannual
 
5.22
%
4.90
%
93,007,000-9
 
SQM S.A.
 
Chile
 
699
 
O
 
02/01/2033
 
UF
 
Semiannual
 
Upon maturity
 
3.97
%
3.80
%
 
Nominal non-current maturities
12/31/2016
 
 
Non-current maturities
12/31/2016
 
Series
 
Over 1
year to 2
 
Over 2
years to 3
 
Over 3
Years to 4
 
Over 4
Years to 5
 
Over 5
years
 
Total
 
Over 1
year to 2
 
Over 2
years to 3
 
Over 3
Years to 4
 
Over 4
Years to 5
 
Over 5
years
 
Subtotal
 
Bond
issuance
costs
 
Total
 
 
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
MUS$250
 
 
-
 
 
250,000
 
 
-
 
 
-
 
 
-
 
 
250,000
 
 
-
 
 
250,000
 
 
-
 
 
-
 
 
-
 
 
250,000
 
 
(904)
 
 
249,096
 
MUS$250
 
 
-
 
 
-
 
 
-
 
 
-
 
 
250,000
 
 
250,000
 
 
-
 
 
-
 
 
-
 
 
-
 
 
250,000
 
 
250,000
 
 
(3,069)
 
 
246,931
 
MUS$300
 
 
-
 
 
-
 
 
-
 
 
-
 
 
300,000
 
 
300,000
 
 
-
 
 
-
 
 
-
 
 
-
 
 
300,000
 
 
300,000
 
 
(3,230)
 
 
296,770
 
C
 
 
5,903
 
 
5,903
 
 
5,903
 
 
5,903
 
 
29,519
 
 
53,131
 
 
5,903
 
 
5,903
 
 
5,903
 
 
5,903
 
 
29,519
 
 
53,131
 
 
-
 
 
53,131
 
H
 
 
-
 
 
-
 
 
-
 
 
-
 
 
157,426
 
 
157,426
 
 
-
 
 
-
 
 
-
 
 
-
 
 
157,426
 
 
157,426
 
 
(1,671)
 
 
155,755
 
O
 
 
-
 
 
-
 
 
-
 
 
-
 
 
59,035
 
 
59,035
 
 
-
 
 
-
 
 
-
 
 
-
 
 
59,035
 
 
59,035
 
 
(1,012)
 
 
58,023
 
Total
 
 
5,903
 
 
255,903
 
 
5,903
 
 
5,903
 
 
795,980
 
 
1,069,592
 
 
5,903
 
 
255,903
 
 
5,903
 
 
5,903
 
 
795,980
 
 
1,069,592
 
 
(9,886)
 
 
1,059,706
 
 
Disclosure of information about Series C bonds [Text Block]
As of December 31, 2017, December 31, 2016 and December 31, 2015, the Company has made the following payments with a charge to the Series C bonds:
 
Payments made
 
12/31/2017
 
12/31/2016
 
12/31/2015
 
 
 
ThUS$
 
ThUS$
 
ThUS$
 
Principal payment
 
 
57,290
 
 
5,729
 
 
5,729
 
Interest payment
 
 
1,515
 
 
3,275
 
 
3,570
 
Disclosure of information about First issue single series bonds [Text Block]
As of December 31, 2017, December 31, 2016 and December 31, 2015, the Company has made the following payments with a charge to the Single series bonds:
 
Payments made
 
12/31/2017
ThUS$
 
12/31/2016
ThUS$
 
12/31/2015
ThUS$
 
Payments of principal owed
 
 
-
 
 
200,000
 
 
-
 
Payments of interest
 
 
-
 
 
6,125
 
 
12,250
 
Disclosure of information about issue of series H bonds [Text Block]
As of December 31, 2017, December 31, 2016 and December 2015, the Company has made the following payments with a charge to the Series H bonds:
 
Payments made
 
12/31/2017
ThUS$
 
12/31/2016
ThUS$
 
12/31/2015
ThUS$
 
Payments of interest, Series H bonds
 
 
7,691
 
 
7,289
 
 
7,696
 
Disclosure of information about second issue of single series bonds [Text Block]
As of December 31, 2017, December 31, 2016 and December 31, 2015, the detail of payments charged to the line of single series bonds, second issue is as follows:
 
Payments made
 
12/31/2017
ThUS$
 
12/31/2016
ThUS$
 
12/31/2015
ThUS$
 
Interest payment
 
 
13,750
 
 
13,750
 
 
13,750
 
 
Disclosure of information about issue of series M and O bonds [Text Block]
 
As of December 31, 2017, December 31, 2016 and December 2015 the Company has made the following payments with a charge to the Series M and O bonds:
 
Payments made
 
12/31/2017
ThUS$
 
12/31/2016
ThUS$
 
12/31/2015
ThUS$
 
Principal paymen, Series M bondst
 
 
40,726
 
 
-
 
 
-
 
Payment of interest, Series M bonds
 
 
667
 
 
1,242
 
 
1,248
 
Payment of interest, Series O bonds
 
 
2,301
 
 
2,142
 
 
2,153
 
Disclosure of information about third issue of single series bonds [Text Block]
As of December 31, 2017, December 31, 2016 and December 31, 2015, the following payments have been made with a debit to the line of single-series bonds, third issue:
 
Payments made
 
12/31/2017
ThUS$
 
12/31/2016
ThUS$
 
12/31/2015
ThUS$
 
Payment of interest
 
 
10,875
 
 
10,875
 
 
10,875
 
Disclosure of information about fourth issue of single series bonds [Text Block]
As of December 31, 2017, December 31, 2016 and December 31, 2015, the following payments have been made.
 
Payments made
 
12/31/2017
ThUS$
 
12/31/2016
ThUS$
 
12/31/2015
ThUS$
 
Payment of interest
 
 
10,938
 
 
10,938
 
 
8,203
 
 
Disclosure of trade and other payables [text block]
Trade and other payables
 
 
 
12/31/2017
 
12/31/2016
 
 
 
Current
 
Non-
current
 
Total
 
Current
 
Non-
current
 
Total
 
 
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
Accounts payable
 
 
195,858
 
 
-
 
 
195,858
 
 
200,215
 
 
-
 
 
200,215
 
Other accounts payable
 
 
422
 
 
-
 
 
422
 
 
281
 
 
-
 
 
281
 
Total
 
 
196,280
 
 
-
 
 
196,280
 
 
200,496
 
 
-
 
 
200,496
 
 
Disclosure of information about derivative instruments measured at fair value through profit or loss [Text Block]
This balance relates to derivative instruments measured at their fair value, which has generated balances against the Company. The detail of this type of instrument is as follows:
 
Financial liabilities at fair
value through profit or loss
 
 
 
Effect on
profit or
loss as of
12/31/2017
 
 
 
Effect on
profit or
loss as of
12/31/2016
 
 
 
Effect on
profit or
loss as of
12/31/2015
 
 
 
12/31/2017
ThUS$
 
ThUS$
 
12/31/2016
ThUS$
 
ThUS$
 
12/31/2015
ThUS$
 
ThUS$
 
Current
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivate instruments (options)
 
 
-
 
 
-
 
 
-
 
 
-
 
 
215
 
 
1,304
 
Derivative instruments (IRS)
 
 
-
 
 
-
 
 
-
 
 
(229)
 
 
283
 
 
(242)
 
 
 
 
-
 
 
-
 
 
-
 
 
(229)
 
 
498
 
 
1,062
 
Disclosure of detailed information about categories of financial assets [Text Block]
  Financial Assets
 
 
 
 
 
12/31/2017
 
12/31/2016
 
 
 
Financial
 
Current
 
Non-current
 
Total
 
Current
 
Non-current
 
Total
 
Description of financial assets
 
instruments
 
Amount
ThUS$
 
Amount
ThUS$
 
Amount
ThUS$
 
Amount
ThUS$
 
Amount
ThUS$
 
Amount
ThUS$
 
Cash and cash equivalent
 
 
 
 
630,438
 
 
-
 
 
630,438
 
 
514,669
 
 
-
 
 
514,669
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Financial assets at fair value through profit or loss
 
Derivative instruments
 
 
6,038
 
 
8,910
 
 
14,948
 
 
5,029
 
 
7,156
 
 
12,185
 
Total financial assets at fair value
 
 
 
 
6,038
 
 
42,834
 
 
48,872
 
 
5,029
 
 
14,055
 
 
19,084
 
 
Disclosure of detailed information about categories of financial liabilities [Text Block]
Financial liabilities
 
 
 
 
 
12/31/2017
 
12/31/2016
 
 
 
Financial
 
Current
 
Non-current
 
Total
 
Current
 
Non-current
 
Total
 
Description of financial liabilities
 
instruments
 
Amount
ThUS$
 
Amount
ThUS$
 
Amount
ThUS$
 
Amount
ThUS$
 
Amount
ThUS$
 
Amount
ThUS$
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Trade payables due to related parties
 
 
 
 
1,365
 
 
-
 
 
1,365
 
 
7
 
 
-
 
 
7
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Financial liabilities at fair value through profit or loss
 
Derivative instruments
 
 
43,266
 
 
-
 
 
43,266
 
 
18,901
 
 
33,732
 
 
52,633
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Financial liabilities at fair value through profit or loss
 
 
 
 
44,631
 
 
-
 
 
44,631
 
 
18,908
 
 
33,732
 
 
52,640
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Financial liabilities measured at amortized cost
 
Bank borrowings
 
 
163,568
 
 
-
 
 
163,568
 
 
101,270
 
 
-
 
 
101,270
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Financial liabilities measured at amortized cost
 
Obligations with the public
 
 
13,494
 
 
1,031,507
 
 
1,045,001
 
 
58,973
 
 
1,059,706
 
 
1,118,679
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Financial liabilities measured at amortized cost
 
Trade and other payables
 
 
196,280
 
 
-
 
 
196,280
 
 
200,496
 
 
-
 
 
200,496
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total financial liabilities measured at amortized cost
 
 
 
 
373,342
 
 
1,031,507
 
 
1,404,849
 
 
360,739
 
 
1,059,706
 
 
1,420,445
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total financial liabilities
 
 
 
 
417,973
 
 
1,031,507
 
 
1,449,480
 
 
379,647
 
 
1,093,438
 
 
1,473,085
 
Disclosure of fair value measurement [text block]
The valuation technique used for determining fair value of our hedging instruments is that indicated in Level 2.
 
 
 
 
Fair value
 
Measurement methodology
 
 
 
12/31/2017
 
Level 1
 
Level 2
 
Level 3
 
 
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
Financial assets
 
 
 
 
 
 
 
 
 
 
 
 
 
Investment
 
 
 
 
 
 
 
 
 
 
 
 
 
Investment SQM Australia
 
 
24,746
 
 
24,746
 
 
-
 
 
-
 
Shares
 
 
9,159
 
 
9,159
 
 
-
 
 
-
 
Non-hedging derivatives
 
 
 
 
 
 
 
 
 
 
 
 
 
Forwards
 
 
2,744
 
 
-
 
 
2,744
 
 
-
 
Options
 
 
110
 
 
-
 
 
110
 
 
-
 
Swaps
 
 
3,184
 
 
-
 
 
3,184
 
 
-
 
Hedging derivatives
 
 
 
 
 
 
 
 
 
 
 
 
 
Swaps
 
 
8,726
 
 
-
 
 
8,726
 
 
-
 
Deposits, more than 90 days
 
 
360,941
 
 
 
 
 
360,941
 
 
-
 
Other
 
 
249
 
 
-
 
 
249
 
 
-
 
Financial liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-hedging derivatives
 
 
 
 
 
 
 
 
 
 
 
 
 
Forwards
 
 
5,534
 
 
-
 
 
5,534
 
 
-
 
Options
 
 
445
 
 
-
 
 
445
 
 
-
 
Hedging derivatives
 
 
 
 
 
 
 
 
 
 
 
 
 
Swaps
 
 
37,287
 
 
-
 
 
37,287
 
 
-
 
Bank loans
 
 
163,568
 
 
-
 
 
163,568
 
 
-
 
Non-guaranteed bonds
 
 
1,039,956
 
 
-
 
 
1,039,956
 
 
-
 
Other
 
 
5,945
 
 
-
 
 
5,945
 
 
-
 
 
 
 
 
Fair value
 
Measurement methodology
 
 
 
12/31/2016
 
Level 1
 
Level 2
 
Level 3
 
 
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
Financial assets
 
 
 
 
 
 
 
 
 
 
 
 
 
Investment
 
 
 
 
 
 
 
 
 
 
 
 
 
Shares
 
 
6,879
 
 
6,879
 
 
-
 
 
-
 
Non-hedging derivatives
 
 
 
 
 
 
 
 
 
 
 
 
 
Forwards
 
 
924
 
 
-
 
 
924
 
 
-
 
Options
 
 
426
 
 
-
 
 
426
 
 
-
 
Swaps
 
 
2,745
 
 
-
 
 
2,745
 
 
-
 
Hedging derivatives
 
 
 
 
 
 
 
 
 
 
 
 
 
Swaps
 
 
8,090
 
 
-
 
 
8,090
 
 
-
 
Deposits, more than 90 days
 
 
284,159
 
 
 
 
 
284,159
 
 
-
 
Other
 
 
2,809
 
 
-
 
 
2,809
 
 
-
 
Financial liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-hedging derivatives
 
 
 
 
 
 
 
 
 
 
 
 
 
Forwards
 
 
871
 
 
-
 
 
871
 
 
-
 
Options
 
 
363
 
 
-
 
 
363
 
 
-
 
Hedging derivatives
 
 
 
 
 
 
 
 
 
 
 
 
 
Swaps
 
 
50,713
 
 
-
 
 
50,713
 
 
-
 
Bank loans
 
 
101,270
 
 
-
 
 
101,270
 
 
-
 
Non-guaranteed bonds
 
 
1,103,324
 
 
-
 
 
1,103,324
 
 
-
 
Other
 
 
16,041
 
 
-
 
 
16,041
 
 
-
 
Disclosure of information about financial assets pledged as guarantee [Text Block]
As of December 31, 2017 and December 31, 2016, assets pledged as guarantees are as follows:
 
Restricted cash
 
12/31/2017
ThUS$
 
12/31/2016
ThUS$
 
Isapre Norte Grande Ltda.
 
 
771
 
 
685
 
Total
 
 
771
 
 
685
 
Disclosure of detailed information about financial instruments [text block]
The detail of the Company’s instruments at carrying value and estimated fair value is as follows:
 
 
 
12/31/2017
 
12/31/2016
 
 
 
Carrying value
 
Fair value
 
Carrying value
 
Fair value
 
 
 
ThUS$
 
ThUS$
 
ThUS$
 
ThUS$
 
Cash and cash equivalents
 
 
630,438
 
 
630,438
 
 
514,669
 
 
514,669
 
Current trade and other receivables
 
 
446,875
 
 
446,875
 
 
368,761
 
 
368,761
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Receivables due from related parties, current
 
 
59,132
 
 
59,132
 
 
82,259
 
 
82,259
 
Other financial assets, current:
 
 
 
 
 
 
 
 
 
 
 
 
 
- Time deposits
 
 
360,941
 
 
360,941
 
 
284,160
 
 
284,160
 
- Derivative instruments
 
 
6,038
 
 
6,038
 
 
4,095
 
 
4,095
 
- Hedging assets
 
 
-
 
 
-
 
 
934
 
 
934
 
Total other current financial assets
 
 
366,979
 
 
366,979
 
 
289,189
 
 
289,189
 
Non-Current Trade Receivables
 
 
1,912
 
 
1,912
 
 
1,840
 
 
1,840
 
Other non-current financial assets:
 
 
42,879
 
 
42,879
 
 
14,099
 
 
14,099
 
Total other non-current financial assets:
 
 
42,879
 
 
42,879
 
 
14,099
 
 
14,099
 
Other financial liabilities, current:
 
 
 
 
 
 
 
 
 
 
 
 
 
- Bank loans
 
 
163,568
 
 
163,568
 
 
101,270
 
 
101,270
 
- Derivative instruments
 
 
5,979
 
 
5,979
 
 
1,920
 
 
1,920
 
- Hedging liabilities
 
 
37,287
 
 
37,287
 
 
16,981
 
 
16,981
 
- Unsecured obligations
 
 
13,494
 
 
13,494
 
 
58,973
 
 
58,973
 
Other financial liabilities, current
 
 
220,328
 
 
220,328
 
 
179,144
 
 
179,144
 
Current and non-current accounts payable
 
 
196,280
 
 
196,280
 
 
200,496
 
 
200,496
 
Payables due to related parties, non-current
 
 
1,365
 
 
1,365
 
 
7
 
 
7
 
Other non-current financial liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
- Bank loans
 
 
-
 
 
-
 
 
-
 
 
-
 
- Unsecured obligations
 
 
1,031,507
 
 
1,131,639
 
 
1,059,706
 
 
1,195,512
 
- Non-current hedging liabilities
 
 
-
 
 
-
 
 
33,732
 
 
33,732
 
Other non-current financial liabilities:
 
 
1,031,507
 
 
1,131,639
 
 
1,093,438
 
 
1,229,244