Intangible assets and goodwill (Tables)

12 Months Ended

Dec. 31, 2021

Disclosure Of Intangible Assets And Goodwill [Abstract]

Disclosure of detailed information about intangible assets and goodwill explanatory [Text Block]

As of December 31, 2021
Intangible assets and goodwill	Useful life	Net Value
		ThUS$
IT programs	Finite		3,447
Mining rights	Finite		149,532
Water rights and rights of way	Indefinite		4,909
Water rights	Finite		15,158
Customer-related intangible assets	Finite		-
Intellectual property	Finite		6,481
Other intangible assets	Finite		131
Intangible assets other than goodwill			179,658
Goodwill	Indefinite		34,596
Total Intangible Asset			214,254

As of December 31, 2020
Intangible assets and goodwill	Useful life	Net Value
		ThUS$
IT programs	Finite		4,826
Mining rights	Finite		150,046
Water rights and rights of way	Indefinite		5,343
Water rights	Finite		18,000
Customer-related intangible	Finite		-
Other intangible assets	Finite		192
Intangible assets other than goodwill			178,407
Goodwill	Indefinite		41,966
Total Intangible Asset			220,373

Disclosure of reconciliation of changes in intangible assets and goodwill [text block]

a) Movements in identifiable intangible assets as of December 31, 2021:

Gross Value Movements in identifiable intangible assets	IT programs			Mining rights, Finite			Water rights, and rights of way, Indefinite			Water rights Finite		Customer- related intangible assets		Intellectual property		Other intangible assets			Goodwill			Identifiable intangible assets
	ThUS$			ThUS$			ThUS$			ThUS$		ThUS$		ThUS$		ThUS$			ThUS$			ThUS$
Opening Balance		35,281			160,496			7,424			18,000		1,778		-		2,274			45,500			270,753
Additions		296			344			-			-		-		-		9			-			649
Other increases / decreases for foreign currency exchange rates		(19	)		2,283			(4	)		-		-		-		(6	)		-			2,254
Impairment losses recognized in profit or loss for the year		-			-			-			-		-		-		-			-			-
Decrease for classification as held for sale		-			-			-			-		-		-		-			-			-
Transferred from available for sale		-			16			-			-		-		-		-			-			16
Other increases (decreases)		58			(246	)		-			-		-		7,370		-			(7,370	)		(188	)
Total increases (decreases)		335			2,397			(4	)		-		-		7,370		3			(7,370	)		2,731
Closing balance		35,616			162,893			7,420			18,000		1,778		7,370		2,277			38,130			273,484

Accumulated amortization and impairment Movements in identifiable intangible assets	IT programs			Mining rights, Finite			Water rights, and rights of way, Indefinite			Water rights Finite			Customer- related intangible assets			Intellectual property			Other intangible assets			Goodwill			Identifiable intangible assets
	ThUS$			ThUS$			ThUS$			ThUS$			ThUS$			ThUS$			ThUS$			ThUS$			ThUS$
Opening Balance		(30,455	)		(10,450	)		(2,081	)		-			(1,778	)		-			(2,082	)		(3,534	)		(50,380	)
Other increases / decreases for foreign currency exchange rates		2			-			-			-			-			-			-			-			2
Other increases (decreases)		-			-			-			-			-			-			-			-			-
Impairment losses recognized in profit for the year (1)		-			(48	)		(430	)		-			-			-			-			-			(478	)
Amortization		(1,716	)		(2,863	)		-			(2,842	)		-			(889	)		(64	)		-			(8,374	)
Total increases (decreases)		(1,714	)		(2,911	)		(430	)		(2,842	)		-			(889	)		(64	)		-			(8,850	)
Closing balance		(32,169	)		(13,361	)		(2,511	)		(2,842	)		(1,778	)		(889	)		(2,146	)		(3,534	)		(59,230	)

(1) See Note 21.5

Net value Movements in Identifiable intangible assets	IT programs			Mining rights, Finite			Water rights, and rights of way, Indefinite			Water rights Finite			Customer- related intangible assets		Intellectual property			Other intangible assets			Goodwill			Identifiable intangible assets
	ThUS$			ThUS$			ThUS$			ThUS$			ThUS$		ThUS$			ThUS$			ThUS$			ThUS$
Opening Balance		4,826			150,046			5,343			18,000			-		-			192			41,966			220,373
Additions		296			344			-			-			-		-			9			-			649
Amortization		(1,716	)		(2,863	)		-			(2,842	)		-		(889	)		(64	)		-			(8,374	)
Impairment losses recognized in profit for the year		-			(48	)		(430	)		-			-		-			-			-			(478	)
Other increases / decreases for foreign currency exchange rates		(17	)		2,283			(4	)		-			-		-			(6	)		-			2,256
Decreases through sale		-			-			-			-			-		-			-			-			-
Transferred from available for sale		-			16			-			-			-		-			-			-			16
Other increases (decreases)		58			(246	)		-			-			-		7,370			-			(7,370	)		(188	)
Total increases (decreases)		(1,379	)		(514	)		(434	)		(2,842	)		-		6,481			(61	)		(7,370	)		(6,119	)
Closing balance		3,447			149,532			4,909			15,158			-		6,481			131			34,596			214,254

Movements in identifiable intangible assets as of December 31, 2020:

Gross Value Movements in identifiable intangible assets	IT programs		Mining rights, Finite			Water rights, and rights of way, Indefinite		Customer- related intangible assets		Other intangible assets		Goodwill		Identifiable intangible assets
	ThUS$		ThUS$			ThUS$		ThUS$		ThUS$		ThUS$		ThUS$
Opening Balance		34,471		158,337			25,423		1,778		2,188		38,120		260,317
Additions		508		2,295			-		-		72		7,380		10,255
Other increases / decreases for foreign currency exchange rates		5		-			1		-		-		-		6
Decreases through sale		-		(136	)		-		-		-		-		(136	)
Other increases (decreases)		297		-			-		-		14		-		311
Total increases (decreases)		810		2,159			1		-		86		7,380		10,436
Closing balance		35,281		160,496			25,424		1,778		2,274		45,500		270,753

Accumulated amortization and impairment Movements in identifiable intangible assets	IT programs			Mining rights, Finite			Water rights, and rights of way, Indefinite			Customer- related intangible assets			Other intangible assets			Goodwill			Identifiable intangible assets
	ThUS$			ThUS$			ThUS$			ThUS$			ThUS$			ThUS$			ThUS$
Opening Balance		(28,460	)		(767	)		(2,081	)		(505	)		(2,026	)		(3,394	)		(37,233	)
Other increases / decreases for foreign currency exchange rates		-			-			-			-			-			-			-
Other increases (decreases)		-			(2	)		-			-			-			-			(2	)
Impairment losses recognized in profit for the year		(14	)		(654	)		-			(990	)		-			(140	)		(1,798	)
Amortization		(1,981	)		(9,027	)		-			(283	)		(56	)		-			(11,347	)
Total increases (decreases)		(1,995	)		(9,683	)		-			(1,273	)		(56	)		(140	)		(13,147	)
Closing balance		(30,455	)		(10,450	)		(2,081	)		(1,778	)		(2,082	)		(3,534	)		(50,380	)

Net value Movements in Identifiable intangible assets	IT programs			Mining rights, Finite			Water rights, and rights of way, Indefinite		Customer- related intangible assets			Other intangible assets			Goodwill			Identifiable intangible assets
	ThUS$			ThUS$			ThUS$		ThUS$			ThUS$			ThUS$			ThUS$
Opening Balance		6,011			157,570			23,342		1,273			162			34,726			223,084
Additions		508			2,295			-		-			72			7,380			10,255
Amortization		(1,981	)		(9,027	)		-		(283	)		(56	)		-			(11,347	)
Impairment losses recognized in profit for the year		(14	)		(654	)		-		(990	)		-			(140	)		(1,798	)
Other increases / decreases for foreign currency exchange rates		5			-			1		-			-			-			6
Decreases through sale		-			(136	)		-		-			-			-			(136	)
Other increases (decreases)		297			(2	)		-		-			14			-			309
Total increases (decreases)		(1,185	)		(7,524	)		1		(1,273	)		30			7,240			(2,711	)
Closing balance		4,826			150,046			23,343		-			192			41,966			220,373

Disclosure of reconciliation of changes in goodwill

(b) Movements in identifiable goodwill as of December 31, 2021:

Gross Value Movements in identifiable goodwill	Opening balance		Additional recognition		Reclassification to intangible assets		Total increase (decrease)			Goodwill at end of period
	ThUS$		ThUS$		ThUS$		ThUS$			ThUS$
SQM Industrial S.A.		3,214		-		-		-			3,214
SQM S.A.		22,255		-		-		-			22,255
SQM Iberian S.A.		148		-		-		-			148
SQM Investment Corporation		86		-		-		-			86
Soquimich Comercial S.A.		320		-		-		-			320
Soquimich European Holding B.V.		11,383		-		-		-			11,383
SQM Holland B.V.  (*)		7,370		-		-		(7,370	)		-
SQM Potasio S.A.		724		-		-		-			724
Total increases (decreases)		45,500		-		-		(7,370	)		38,130
Closing balance		45,500		-		-		(7,370	)		38,130

(*) The measurement of assets and liabilities related to the acquisition of the WNSPK (see Note 7) was completed in 2021 and as a result, Th$7,370 was identified as intellectual property and reclassified from goodwill accordingly.  

Accumulated impairment Movements in identifiable goodwill	Opening balance			Additional recognition		Reclassification to intangible assets		Total increase (decrease)		Goodwill at end of period
	ThUS$			ThUS$		ThUS$		ThUS$		ThUS$
SQM Industrial S.A.		(3,214	)		-		-		-		(3,214	)
SQM S.A.		-			-		-		-		-
SQM Iberian S.A.		-			-		-		-		-
SQM Investment Corporation		-			-		-		-		-
Soquimich Comercial S.A.		(320	)		-		-		-		(320	)
Soquimich European Holding B.V.		-			-		-		-		-
SQM Holland B.V.		-			-		-		-		-
SQM Potasio S.A.		-			-		-		-		-
Total increases (decreases)		(3,534	)		-		-		-		(3,534	)
Closing balance		(3,534	)		-		-		-		(3,534	)

Net Value Movements in identifiable goodwill	Opening balance		Additional recognition		Reclassification to intangible assets		Total increase (decrease)			Goodwill at end of period
	ThUS$		ThUS$		ThUS$		ThUS$			ThUS$
SQM Industrial S.A.		-		-		-		-			-
SQM S.A.		22,255		-		-		-			22,255
SQM Iberian S.A.		148		-		-		-			148
SQM Investment Corporation		86		-		-		-			86
Soquimich Comercial S.A.		-		-		-		-			-
Soquimich European Holding B.V.		11,383		-		-		-			11,383
SQM Holland B.V.		7,370		-		-		(7,370	)		-
SQM Potasio S.A.		724		-		-		-			724
Total increases (decreases)		41,966		-		-		(7,370	)		34,596
Closing balance		41,966		-		-		(7,370	)		34,596

Movements in identifiable goodwill as of December 31, 2020

Gross Value Movements in identifiable goodwill	Opening balance		Additional recognition		Impairment losses recognized in profit or loss for the year (-)		Total increase (decrease)		Goodwill at end of period
	ThUS$		ThUS$		ThUS$		ThUS$		ThUS$
SQM Industrial S.A.		3,214		-		-		-		3,214
SQM S.A.		22,255		-		-		-		22,255
SQM Iberian S.A.		148		-		-		-		148
SQM Investment Corporation		86		-		-		-		86
Soquimich Comercial S.A.		320		-		-		-		320
Soquimich European Holding B.V.		11,373		10		-		10		11,383
SQM Holland B.V.		-		7,370		-		7,370		7,370
SQM Potasio S.A.		724		-		-		-		724
Total increases (decreases)		38,120		7,380		-		7,380		45,500
Closing balance		38,120		7,380		-		7,380		45,500

Accumulated impairment Movements in identifiable goodwill	Opening balance			Additional recognition		Impairment losses recognized in profit or loss for the year (-)			Total increase (decrease)			Goodwill at end of period
	ThUS$			ThUS$		ThUS$			ThUS$			ThUS$
SQM Industrial S.A.		(3,214	)		-		-			-			(3,214	)
SQM S.A.		-			-		-			-			-
SQM Iberian S.A.		-			-		-			-			-
SQM Investment Corporation		-			-		-			-			-
Soquimich Comercial S.A.		(180	)		-		(140	)		(140	)		(320	)
Soquimich European Holding B.V.		-			-		-			-			-
SQM Holland B.V.		-			-		-			-			-
SQM Potasio S.A.		-			-		-			-			-
Total increases (decreases)		(3,394	)		-		(140	)		(140	)		(3,534	)
Closing balance		(3,394	)		-		(140	)		(140	)		(3,534	)

Net Value Movements in identifiable goodwill	Opening balance		Additional recognition		Impairment losses recognized in profit or loss for the year (-)			Total increase (decrease)			Goodwill at end of period
	ThUS$		ThUS$		ThUS$			ThUS$			ThUS$
SQM Industrial S.A.		-		-		-			-			-
SQM S.A.		22,255		-		-			-			22,255
SQM Iberian S.A.		148		-		-			-			148
SQM Investment Corporation		86		-		-			-			86
Soquimich Comercial S.A.		140		-		(140	)		(140	)		-
Soquimich European Holding B.V.		11,373		10		-			10			11,383
SQM Holland B.V.		-		7,370		-			7,370			7,370
SQM Potasio S.A.		724		-		-			-			724
Total increases (decreases)		34,726		7,380		(140	)		7,240			41,966
Closing balance		34,726		7,380		(140	)		7,240			41,966