NOTE 32
DEPRECIATION, AMORTIZATION, AND IMPAIRMENT
Depreciation, amortization and impairment charges for the years ended December 31, 2017, 2016 and 2015, are detailed below:
| For the years ended December 31, | |||||
| 2017 | 2016 | 2015 | |||
| MCh$ | MCh$ | MCh$ | |||
| Depreciation and amortization | |||||
| Depreciation of property, plant, and equipment | (55,623) | (45,025) | (36,195) | ||
| Amortization of Intangible assets | (22,200) | (20,334) | (17,419) | ||
| Total depreciation and amortization | (77,823) | (65,359) | (53,614) | ||
| Impairment of property, plant, and equipment | (354) | (234) | (21) | ||
| Impairment of intangibles | (5,290) | - | - | ||
| Total | (83,467) | (65,593) | (53,635) | ||
As of December 31, 2017, the equipment impairment totaled Ch$354 million(Ch$234 million as of December 31, 2016 and Ch$21 million as of December 31, 2015), mainly due to damages to ATMs. The intangible impairment totaled Ch$5,290 due to obsolescence of computer projects.