NOTE 7 — TRADE AND OTHER RECEIVABLES
The composition of trade and other receivables is detailed as follows:
|
|
|
12.31.2017 |
|
12.31.2016 |
|
||||||||
|
Trade and other receivables |
|
Assets before |
|
Allowance |
|
Commercial |
|
Assets |
|
Allowance |
|
Commercial |
|
|
|
|
ThCh$ |
|
ThCh$ |
|
ThCh$ |
|
ThCh$ |
|
ThCh$ |
|
ThCh$ |
|
|
Current commercial debtors |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trade debtors |
|
157,926,958 |
|
(3,521,734 |
) |
154,405,224 |
|
155,792,966 |
|
(3,090,160 |
) |
152,702,806 |
|
|
Other current debtors |
|
31,015,390 |
|
(2,825,453 |
) |
28,189,937 |
|
30,923,474 |
|
(2,827,678 |
) |
28,095,796 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current commercial debtors |
|
188,942,348 |
|
(6,347,187 |
) |
182,595,161 |
|
186,716,440 |
|
(5,917,838 |
) |
180,798,602 |
|
|
Prepayments suppliers |
|
8,057,544 |
|
— |
|
8,057,544 |
|
8,776,211 |
|
— |
|
8,776,211 |
|
|
Other current accounts receivable |
|
778,901 |
|
(146,926 |
) |
631,975 |
|
1,728,859 |
|
(779,318 |
) |
949,541 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial debtors and other current accounts receivable |
|
197,778,793 |
|
(6,494,113 |
) |
191,284,680 |
|
197,221,510 |
|
(6,697,156 |
) |
190,524,354 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-current accounts receivable |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trade debtors |
|
58,336 |
|
— |
|
58,336 |
|
83,881 |
|
— |
|
83,881 |
|
|
Other non-current debtors |
|
2,335,322 |
|
— |
|
2,335,322 |
|
3,443,851 |
|
— |
|
3,443,851 |
|
|
Other non-current accounts receivable |
|
2,193 |
|
— |
|
2,193 |
|
— |
|
— |
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-current accounts receivable |
|
2,395,851 |
|
— |
|
2,395,851 |
|
3,527,732 |
|
— |
|
3,527,732 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trade and other receivable |
|
200,174,644 |
|
(6,494,113 |
) |
193,680,531 |
|
200,749,242 |
|
(6,697,156 |
) |
194,052,086 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stratification of portfolio current and non-current debtors from credit operations
|
|
|
12.31.2017 |
|
12.31.2016 |
|
|
|
|
ThCh$ |
|
ThCh$ |
|
|
Up to date non-securitized portfolio until 30 days |
|
151,275,377 |
|
148,694,299 |
|
|
31 and 60 days |
|
908,980 |
|
1,463,935 |
|
|
61 and 90 days |
|
1,050,476 |
|
567,318 |
|
|
91 and 120 days |
|
331,740 |
|
909,985 |
|
|
121 and 150 days |
|
709,400 |
|
410,944 |
|
|
151 and 180 days |
|
62,834 |
|
155,596 |
|
|
181 and 210 days |
|
82,863 |
|
245,947 |
|
|
211 and 250 days |
|
538,081 |
|
107,679 |
|
|
More than 250 days |
|
3,025,543 |
|
3,321,144 |
|
|
|
|
|
|
|
|
|
Total |
|
157,985,294 |
|
155,876,847 |
|
|
|
|
|
|
|
|
The Company has an approximate number of 276,000 clients, which may have balances in the different sections of the stratification. The number of clients is distributed geographically with 65,400 in Chile, 89,200 in Brazil, 64,400 in Argentina and 57,000 in Paraguay.
|
|
|
12.31.2017 |
|
12.31.2016 |
|
|
|
|
ThCh$ |
|
ThCh$ |
|
|
Current commercial debtors |
|
157,926,958 |
|
155,792,966 |
|
|
Non-current commercial debtors |
|
58,336 |
|
83,881 |
|
|
|
|
|
|
|
|
|
Total |
|
157,985,294 |
|
155,876,847 |
|
|
|
|
|
|
|
|
The movement in the allowance for doubtful accounts is presented below:
|
|
|
12.31.2017 |
|
12.31.2016 |
|
|
|
|
ThCh$ |
|
ThCh$ |
|
|
Opening balance |
|
6,697,156 |
|
5,265,225 |
|
|
Bad debt expense |
|
2,004,958 |
|
4,381,803 |
|
|
Provision application |
|
(1,708,602 |
) |
(2,650,520 |
) |
|
Change due to foreign exchange differences |
|
(499,399 |
) |
(299,352 |
) |
|
|
|
|
|
|
|
|
Movement |
|
(203,043 |
) |
1,431,931 |
|
|
|
|
|
|
|
|
|
Ending balance |
|
6,494,113 |
|
6,697,156 |
|
|
|
|
|
|
|
|