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Disclosures on equity (Tables)
 12 Months Ended
Dec. 31, 2018
Disclosure of detailed information about controls capital management [Abstract]  
Disclosure of detailed information about controls capital management [Text Block]
The Company’s management controls capital management based on the following ratios:
 
CAPITAL
MANAGEMENT
 
12/31/2018
 
 
12/31/2017
 
 
Description (1)
 
 
Calculation (1)
Net Financial Debt ThUS$
 
 
471,755
 
 
 
245,508
 
 
 
Financial Debt – Financial Resources
 
 
Other current Financial Liabilities + Other Non-Current Financial Liabilities – Cash and Cash Equivalents – Other Current Financial Assets – Hedging Assets, non-current
Liquidity
 
 
4.32
 
 
 
3.29
 
 
 
Current Assets divided by Current Liabilities
 
 
Total Current Assets / Total Current Liabilities
Net Debt / Capitalization
 
 
0.18
 
 
 
0.10
 
 
 
Net Financial Debt divided by Total Equity
 
 
Net financial debt / Total Equity
ROE
 
 
20.7
%
 
 
19.1
%
 
 
Profit for the year divided by Total Equity
 
 
LTM
(2) 
Profit for the year / Equity
 
Adjusted EBITDA (ThUS$)
 
 
885,652
 
 
 
901,856
 
 
 
Adjusted EBITDA
 
 
Profit for the year + Depreciation and Amortization Expenses + Finance Costs + Income Tax – Other income – Other gains (losses) - Share of Profit of associates and joint ventures accounted for using the equity method + Other expenses by function + Net impairment gains or reversal (losses) of financial assets – Finance income – Currency differences
EBITDA (ThUS$)
 
 
902,450
 
 
 
885,240
 
 
 
EBITDA
 
 
Profit for the year + Depreciation and Amortization Expenses + Finance Costs + Income Tax
ROA
 
 
20.31
%
 
 
21.3
%
 
 
(Adjusted EBITDA – Depreciation) divided by Total Assets net of financial resources less related parties’ investments
 
 
(LTM Gross Profit – Administrative Expenses)/ (Total Assets – Cash and Cash Equivalents – Other Current Financial Assets – Other Non-Current Financial Assets – Equity-accounted Investments)
Indebtedness
 
 
1.00
 
 
 
0.91
 
 
 
Total Liabilities on Equity
 
 
Total Liabilities / Total Equity
 
(1) Assumes the absolute value of the accounting records
(2) Last 12 months
Disclosure of classes of share capital [text block]
Detail of types of capital in preference shares:
 
Type of capital in preferred shares
 
12/31/2018
 
 
12/31/2017
 
Description of type of capital in preferred shares
 
Series A
 
 
Series B
 
 
Series A
 
 
Series B
 
Number of authorized shares
 
 
142,819,552
 
 
 
120,376,972
 
 
 
142,819,552
 
 
 
120,376,972
 
Number of fully subscribed and paid shares
 
 
142,819,552
 
 
 
120,376,972
 
 
 
142,819,552
 
 
 
120,376,972
 
Number of subscribed, partially paid shares
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Par value of shares in ThUS$
 
 
0.9435
 
 
 
2.8464
 
 
 
0.9435
 
 
 
2.8464
 
Increase (decrease) in the number of current shares
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Number of current shares
 
 
142,819,552
 
 
 
120,376,972
 
 
 
142,819,552
 
 
 
120,376,972
 
Number of shares owned by the entity or its subsidiaries or associates
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Number of shares whose issuance is reserved due to the existence of options or agreements to dispose shares
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Capital amount in shares ThUS$
 
 
134,750
 
 
 
342,636
 
 
 
134,750
 
 
 
342,636
 
Amount of premium issuance ThUS$
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Amount of reserves ThUS$
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Total number of subscribed shares, total
 
 
142,819,552
 
 
 
120,376,972
 
 
 
142,819,552
 
 
 
120,376,972
 
 
As of December 31, 2018 and December 31, 2017, the Company has not placed any new issuances of shares on the market.
 
19.3
Disclosures on reserves in equity
 
As of December 31, 2018 and December 31, 2017, this caption comprises the following:
 
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
Reserve for currency exchange conversion
 
 
(26,307
)
 
 
(24,913
)
 
 
(19,463
)
Reserve for cash flow hedges
 
 
7,971
 
 
 
2,248
 
 
 
64
 
Reserve for gains and losses from financial assets measured at fair value through other comprehensive income
 
 
(1,111
)
 
 
2,937
 
 
 
3,513
 
Reserve for actuarial gains or losses in defined benefit plans
 
 
(6,884
)
 
 
(5,953
)
 
 
(4,834
)
Other reserves
 
 
11,332
 
 
 
11,332
 
 
 
7,832
 
Total other reserves
 
 
(14,999
)
 
 
(14,349
)
 
 
(12,888
)
Disclosure of detailed information about movement in other reserves [Text Block]
Movements in other reserves and changes in interest were as follows:
 
Movements
 
Foreign
currency
translation
difference
 
 
Gains from cash flow hedge
 
 
Losses from
measurement of
defined benefit plans
 
 
Gains (losses) from
financial assets
measured at fair value
through other
comprehensive income
 
 
Other reserves
 
 
Total reserves
 
 
Before taxes
 
 
Before taxes
 
 
Tax
 
 
Before taxes
 
 
Deferred taxes
 
 
Before taxes
 
 
Deferred taxes
 
 
Before taxes
 
 
Reserves
 
 
Deferred taxes
 
 
Total reserves
 
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
Opening balance as of 1/1/2017
 
 
(19,463
)
 
 
89
 
 
 
(25
)
 
 
(5,446
)
 
 
612
 
 
 
4,813
 
 
 
(1,300
)
 
 
7,832
 
 
 
(12,175
)
 
 
(713
)
 
 
(12,888
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Statutory reserve subsidiaries
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
3,500
 
 
 
3,500
 
 
 
-
 
 
 
3,500
 
Currency translation associates and joint venture
 
 
(5,450
)
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
(5,450
)
 
 
-
 
 
 
(5.450
)
Adjustment for actuarial gains and losses
 
 
-
 
 
 
-
 
 
 
-
 
 
 
(1,401
)
 
 
282
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
(1.401
)
 
 
282
 
 
 
(1,119
)
Derivate financial instruments for hedging FVOCI
 
 
-
 
 
 
2,159
 
 
 
25
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
2,159
 
 
 
25
 
 
 
2,184
 
Investments in shares at FVOCI
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
(26
)
 
 
(550
)
 
 
-
 
 
 
(26
)
 
 
(550
)
 
 
(576
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Closing balance as of 12/31/2017
 
 
(24,913
)
 
 
2,248
 
 
 
-
 
 
 
(6,847
)
 
 
894
 
 
 
4,787
 
 
 
(1,850
)
 
 
11,332
 
 
 
(13,393
)
 
 
(956
)
 
 
(14,349
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Currency translation associates and joint venture
 
 
(1,394
)
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
(1.394
)
 
 
-
 
 
 
(1,394
)
Adjustment for actuarial gains and losses
 
 
-
 
 
 
-
 
 
 
-
 
 
 
(1.329
)
 
 
398
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
(1.329
)
 
 
398
 
 
 
(931
)
Derivate financial instruments for hedging FVOCI
 
 
-
 
 
 
5,723
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
5,723
 
 
 
-
 
 
 
5,723
 
Investments in shares at FVOCI
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
(5.546
)
 
 
1,498
 
 
 
-
 
 
 
(5.546
)
 
 
1,498
 
 
 
(4,048
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Closing balance as of 12/31/2018
 
 
(26,307
)
 
 
7,971
 
 
 
-
 
 
 
(8,176
)
 
 
1,292
 
 
 
(759
)
 
 
(352
)
 
 
11,332
 
 
 
(15,939
)
 
 
940
 
 
 
(14,999
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
Disclosure of detailed information about legal reserves reported in the individual financial statements of the subsidiaries [Text Block]
(*) In the case of SQM Iberian S.A., the balance corresponds to the results obtained in the previous financial year which are presented as forming part of other reserves because of local regulations.
 
 
 
12/31/2018
 
 
12/31/2017
 
 
12/31/2016
 
Subsidiary - Associate
 
ThUS$
 
 
ThUS$
 
 
ThUS$
 
SQM Iberian S.A. (*)
 
 
9,464
 
 
 
9,464
 
 
 
5,964
 
SQM Europe NV
 
 
1,957
 
 
 
1,957
 
 
 
1,957
 
Soquimich European holding B.V.
 
 
828
 
 
 
828
 
 
 
828
 
Abu Dhabi Fertilizer Industries WWL
 
 
455
 
 
 
455
 
 
 
455
 
Doktor Tarsa Tarim Sanayi AS
 
 
305
 
 
 
305
 
 
 
305
 
Total
 
 
13,009
 
 
 
13,009
 
 
 
9,509
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Corresponds to the acquisition of the subsidiary SQM Iberian S.A., which was already under Company ownership at the acquisition date (IAS 27 R).
 
 
(1,677
)
 
 
(1,677
)
 
 
(1,677
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Other reserves
 
 
11,332
 
 
 
11,332
 
 
 
7,832
 
Disclosure of dividends [text block]
The dividends presented as deducted from equity are as follows:
 
 
12/31/2018
ThUS$
 
 
12/31/2017
ThUS$
 
 
12/31/2016
ThUS$
 
Dividends attributable to owners of the parent
 
 
823
 
 
 
55,501
 
 
 
3,014
 
Provisional dividend
 
 
331,199
 
 
 
317,243
 
 
 
225,000
 
Additional dividend
 
 
107,872
 
 
 
-
 
 
 
150,000
 
Dividend payable
 
 
109,669
 
 
 
110,529
 
 
 
-
 
Total
 
 
549,563
 
 
 
483,273
 
 
 
378,014