15. Property and Equipment:
(a) As of December 31, 2016 and 2017, this account and its changes are detailed as follows:
|
|
|
Land and |
|
Equipment |
|
Other |
|
Total |
|
|
|
|
MCh$ |
|
MCh$ |
|
MCh$ |
|
MCh$ |
|
|
(a.1) Cost |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance as of January 1, 2016 |
|
292,166 |
|
167,874 |
|
47,960 |
|
508,000 |
|
|
Additions |
|
10,174 |
|
14,105 |
|
3,540 |
|
27,819 |
|
|
Disposals/write-downs |
|
(138 |
) |
(1,653 |
) |
(1,070 |
) |
(2,861 |
) |
|
Transfers |
|
— |
|
— |
|
— |
|
— |
|
|
Accumulated depreciation (see (a.2)) |
|
(134,900 |
) |
(139,277 |
) |
(39,654 |
) |
(313,831 |
) |
|
Impairment loss (*) (***) |
|
(15 |
) |
(4 |
) |
(26 |
) |
(45 |
) |
|
Reclassifications |
|
— |
|
— |
|
— |
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance as of December 31, 2016 |
|
167,287 |
|
41,045 |
|
10,750 |
|
219,082 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance as of January 1, 2017 |
|
302,187 |
|
180,322 |
|
50,404 |
|
532,913 |
|
|
Additions |
|
10,606 |
|
8,898 |
|
3,720 |
|
23,224 |
|
|
Disposals/write-downs |
|
(1,365 |
) |
(4,851 |
) |
(1,569 |
) |
(7,785 |
) |
|
Transfers |
|
— |
|
— |
|
— |
|
— |
|
|
Accumulated depreciation (see (a.2)) |
|
(142,768 |
) |
(148,006 |
) |
(41,316 |
) |
(332,090 |
) |
|
Impairment loss (*) (***) |
|
— |
|
— |
|
(3 |
) |
(3 |
) |
|
Reclassifications |
|
— |
|
— |
|
— |
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance as of December 31, 2017 |
|
168,660 |
|
36,363 |
|
11,236 |
|
216,259 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(a.2) Accumulated Depreciation |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance as of January 1, 2016 |
|
(126,568 |
) |
(127,644 |
) |
(38,117 |
) |
(292,329 |
) |
|
Transfers |
|
— |
|
(18 |
) |
18 |
|
— |
|
|
Depreciation charges in the period (*) (**) |
|
(8,470 |
) |
(13,268 |
) |
(2,588 |
) |
(24,326 |
) |
|
Sales and disposals in the period |
|
138 |
|
1,653 |
|
1,033 |
|
2,824 |
|
|
Reclassifications |
|
— |
|
— |
|
— |
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
Accumulated Depreciation as of December 31, 2016 |
|
(134,900 |
) |
(139,277 |
) |
(39,654 |
) |
(313,831 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
Transfers |
|
— |
|
— |
|
— |
|
— |
|
|
Depreciation charges in the period (*) (**) |
|
(9,040 |
) |
(13,723 |
) |
(3,045 |
) |
(25,808 |
) |
|
Sales and disposals in the period |
|
1,172 |
|
4,851 |
|
1,526 |
|
7,549 |
|
|
Reclassifications |
|
— |
|
143 |
|
(143 |
) |
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
Accumulated Depreciation as of December 31, 2017 |
|
(142,768 |
) |
(148,006 |
) |
(41,316 |
) |
(332,090 |
) |
|
|
|
|
|
|
|
|
|
|
|
(*) See Note No. 36 about Depreciation, Amortization and Impairment
(**) It does not include depreciation for the year for Investment Properties, which it registered under the item “Investment Properties” for an amount of Ch$368 million (Ch$368 million in 2016)
(***) It does not include charge-off provisions for Property and Equipment for an amount of Ch$163 million (Ch$229 million in 2016)
(b) As of December 31, 2016 and 2017 the Bank has operating lease agreements, in which it acts as lessee, that cannot be terminated unilaterally; Information on the future payments is detailed as follows:
|
|
|
Lease Contracts |
|
||||||||||||||
|
|
|
Expenses |
|
Up to |
|
Over 1 |
|
Over 3 |
|
Over 1 |
|
Over 3 |
|
Over 5 |
|
Total |
|
|
|
|
MCh$ |
|
MCh$ |
|
MCh$ |
|
MCh$ |
|
MCh$ |
|
MCh$ |
|
MCh$ |
|
MCh$ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year 2017 |
|
33,017 |
|
2,764 |
|
5,522 |
|
23,462 |
|
45,891 |
|
33,789 |
|
34,401 |
|
145,829 |
|
|
Year 2016 |
|
34,490 |
|
2,750 |
|
5,458 |
|
22,841 |
|
51,242 |
|
36,213 |
|
46,902 |
|
165,406 |
|
As these lease agreements are operating leases under IAS 17 the leased assets are not presented in the Bank’s statement of financial position.
The Bank has entered into commercial leases of real estate. These leases have an average life of 5 years. There are no restrictions placed upon the lessee by entering into the lease.
(c) As of December 31, 2016 and 2017, the Bank does not have any finance lease agreements as lessee and, therefore, there are no property and equipment balances to be reported from such transactions as of December 31, 2016 and 2017.
(d) As of December 31, 2016 and 2017 the gross amount of fully depreciated assets (mainly equipment and facilities) corresponds to Ch$215,356 million and Ch$225,641 million, respectively.