v3.25.1
Right-of-Use Assets and Lease Liabilities
 12 Months Ended
Dec. 31, 2024
Right-of-Use Assets and Lease Liabilities [Abstract]  
Right-of-use assets and Lease liabilities
15.Right-of-use assets and Lease liabilities:

 

(a)The composition of the rights over leased assets as of December 31, 2024 and 2023 is as follows:

 

  

Gross

Balance

   Accumulated Depreciation  

Net

Balance

 
   2024   2023   2024   2023   2024   2023 
   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$ 
Categories                        
Buildings   126,655    145,849    (63,657)   (75,361)   62,998    70,488 
Floor space for ATMs   36,080    33,060    (9,307)   (2,669)   26,773    30,391 
Improvements to leased properties   28,783    30,426    (21,675)   (22,416)   7,108    8,010 
Total   191,518    209,335    (94,639)   (100,446)   96,879    108,889 

 

(b)The changes of the rights over leased assets as of December 31, 2024 and 2023 is as follows:

 

   2024 
  

Buildings

  

Floor space for ATMs

   Improvements to leased properties  

Total

 
   MCh$   MCh$   MCh$   MCh$ 
Gross Balance                
Balance as of January 1, 2024   145,849    33,060    30,426    209,335 
Additions   13,892    4,385    872    19,149 
Write-downs   (33,019)   (1,197)   (2,515)   (36,731)
Remeasurement   (67)   (168)   
—
    (235)
Other incremental   
—
    
—
    
—
    
—
 
Total   126,655    36,080    28,783    191,518 
                     
Accumulated Depreciation                    
Balance as of January 1, 2024   (75,361)   (2,669)   (22,416)   (100,446)
Depreciation of the year (*)   (20,939)   (7,733)   (1,135)   (29,807)
Write-downs   32,638    1,123    1,876    35,637 
Other incremental   56    (28)   
—
    (23)
Total   (63,657)   (9,307)   (21,675)   (94,639)
                     
Balance as of  December 31, 2024   62,998    26,773    7,108    96,879 

 

(*)See Note No.37 Depreciation and Amortization.
    2023  
     Buildings     Floor space
for ATMs 		    Improvements
to leased
properties		     Total  
    MCh$     MCh$     MCh$     MCh$  
                         
Gross Balance                        
Balance as of January 1, 2023     144,482       43,492       28,595       216,569  
Additions     16,790       31,033       1,993       49,816  
Write-downs     (14,935 )     (42,821 )     (162 )     (57,918 )
Remeasurement     (488 )     (392 )    
—
       (880 )
Other incremental    
—
       1,748      
—
       1,748  
Total     145,849       33,060       30,426       209,335  
                                 
Accumulated Depreciation                                
Balance as of January 1, 2023     (64,352 )     (35,735 )     (21,561 )     (121,648 )
Depreciation of the year (*)     (21,459 )     (9,736 )     (1,017 )     (32,212 )
Write-downs     10,450       42,802       162       53,414  
Total     (75,361 )     (2,669 )     (22,416 )     (100,446 )
                                 
Balance as of  December 31, 2023     70,488       30,391       8,010       108,889  

 

(*)See Note No.37 Depreciation and Amortization.

 

(c)The future maturities (including unearned interest) of the lease liabilities as of December 31, 2024 and 2023:

 

   December 2024
   Demand   Up to 1 month   Over 1 month and up to 3 months   Over 3 months and up to 12 months   Over 1 year and up to 3 years   Over 3 years and up to 5 years   Over 5 years   Total 
   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$ 
Lease associated to:                                
Buildings   
—
    1,692    3,374    14,158    23,675    14,245    10,657    67,801 
ATMs   
—
    699    1,396    6,228    15,353    5,532    28    29,236 
Total   
—
    2,391    4,770    20,386    39,028    19,777    10,685    97,037 

 

   December 2023
   Demand  

Up to 1 month

   Over 1 month and up to 3 months   Over 3 months and up to 12 months   Over 1 year and up to 3 years   Over 3 years and up to 5 years  

Over 5 years

  

Total

 
   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$ 
Lease associated to:                                
Buildings   
—
    1,737    3,429    12,412    25,178    18,205    15,945    76,906 
ATMs   
—
    641    1,275    5,538    13,932    11,449    15    32,850 
Total   
—
    2,378    4,704    17,950    39,110    29,654    15,960    109,756 

 

The Bank and its subsidiaries maintain contracts with certain renewal options and for which there is reasonable certainty that said option shall be carried out. In such cases, the lease period used to measure the liability and assets corresponds to an estimate of future renewals.

(d)The changes of the obligations for lease liabilities and the flows for the years 2024 and 2023 are as follows:

 

  

Total cash flow

for the year

 
  MCh$ 
Lease liability    
Balances as of January 1, 2023   89,369 
Liabilities for new lease agreements   43,931 
Interest accrued expenses   1,980 
Payments of capital and interests   (32,084)
Remeasurement   (880)
Derecognized contracts   (4,714)
Readjustments   3,878 
Balances as of December 31, 2023   101,480 
      
Liabilities for new lease agreements   14,648 
Interest accrued expenses   2,381 
Payments of capital and interests   (29,991)
Remeasurement   (235)
Derecognized contracts   (457)
Readjustments   3,603 
Balances as of December 31, 2024   91,429 

 

(e)The future cash flows related to short-term lease agreements in effect as of December 31, 2024 correspond to Ch$3,557 million (Ch$4,799 million as of December 31, 2023).

 

(f)As of December 31, 2024, the minimum future rental income to be received from operating leases amounts to Ch$14,101 million (Ch$15,723 million as of December 31, 2023).