CHEMICAL & MINING CO OF CHILE INC | CIK:0000909037 |

Filed: 4/19/2018

Entity registrant name: CHEMICAL & MINING CO OF CHILE INC (CIK: 0000909037)

Generator: DataTracks

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Income tax assets and liabilities as of December 31, 2017 are detailed as follows:

	Net liability position
Description of deferred tax assets and liabilities	Assets	Liabilities

	ThUS$	ThUS$

Unrealized loss	-	(68,544)
Property, plant and equipment and capitalized interest	211,435	-
Facility closure provision	-	(3,469)
Manufacturing expenses	102,748	-
Staff severance indemnities ,unemployment insurance	6,792	-
Vacation accrual	-	(4,887)
Inventory provision	-	(25,098)
Materials provision	-	(7,107)
Forwards	-	(624)
Employee benefits	-	(2,317)
Research and development expenses	3,501	-
Accounts receivable	-	(4,222)
Provision for legal complaints and expenses	-	(10,750)
Loan approval expenses	2,670	-
Junior mining companies (valued based on stock price)	2,474	-
Royalty	4,084	-
Tax loss benefit	-	(1,437)
Other	544	-
Foreign items (other)	-	(510)
Balances to date	334,248	(128,965)
Net balance	205,283	-

Income tax assets and liabilities as of December 31, 2016 are detailed as follows

	Net liability position

Description of deferred tax assets and liabilities	Assets		Liabilities

	ThUS$		ThUS$
Unrealized loss		-		(86,156)
Property, plant and equipment and capitalized interest		225,124		-
Facility closure provision		-		(1,590)
Manufacturing expenses		110,630		-
Staff severance indemnities ,unemployment		5,214		-
Vacation accrual		-		(4,061)
Inventory provision		-		(20,608)
Materials provision		-		(7,776)
Forwards		-		(10,206)
Employee benefits		-		(6,783)
Research and development expenses		4,641		-
Accounts receivable		-		(4,273)
Provision for legal complaints and expenses		-		(7,686)
Loan approval expenses		3,115		-
Junior mining companies (valued based on stock price)		1,300		-
Royalty		6,457		-
Tax loss benefit		-		(1,302)
Other		79		-
Foreign items (other)		-		(664)
Balances to date		356,560		(151,105)
Net balance		205,455		-