NOTE 15 OTHER ASSETS AND NON-CURRENT ASSETS HELD FOR SALE
a) The detail of other assets is as follows:
| As of December 31, | |||||
| 2017 | 2016 | ||||
| MCh$ | MCh$ | ||||
| Rentals in advance (1) | 7,960 | 10,181 | |||
| Accounts and notes receivable (2) | 200,697 | 139,683 | |||
| Prepaid expenses | 13,501 | 5,715 | |||
| Projects under development (3) | 4,312 | 7,939 | |||
| Assets for leasing (4) | 25,741 | 29,017 | |||
| Margin accounts (5) | 117,059 | 195,995 | |||
| Others | 59,755 | 38,864 | |||
| Total | 429,025 | 427,394 | |||
(1) Rent paid in advance to SMU S.A for ATM locations (see note 32 “Related Party Transactions”, letter b)).
(2) This includes rights and accounts that fall outside the Bank’s line of business such as tax credits, cash guarantee deposits and other balances pending collections.
(3) Information system and other projects under development.
(4) Fixed assets available for delivery under the financial leases. Within this item, are included items recovered from leasing kept for sale, corresponding to computers, furniture, and transportation equipment. These assets are available for sale and have high probability of being sold. For most of such assets, the Bank expects to complete the sale within one year from the date when the assets are classified as available for sale and/or lease assets recovered held for sale.
(5) Guarantees for financial transactions.
b) The detail of non-current assets held for sale is as follows:
| As of December 31, | |||||
| 2017 | 2016 | ||||
| MCh$ | MCh$ | ||||
| Assets received in lieu of payment | 18,308 | 18,855 | |||
| Asset to fair value SMU Corp S.A. | — | 18,309 | |||
| Total | 18,308 | 37,164 | |||