16. Investment Properties:
|
|
2015 |
|
2016 |
|
2017 |
|
|
|
MCh$ |
|
MCh$ |
|
MCh$ |
|
Net Balance as of January 1, |
|
15,936 |
|
15,042 |
|
14,674 |
|
Additions resulting from business combinations |
|
— |
|
— |
|
— |
|
Reclassifications |
|
(515 |
) |
— |
|
— |
|
Disposals |
|
— |
|
— |
|
— |
|
Depreciation charges in the period |
|
(379 |
) |
(368 |
) |
(368 |
) |
Impairment |
|
— |
|
— |
|
— |
|
|
|
|
|
|
|
|
|
Net Balance as of December 31, |
|
15,042 |
|
14,674 |
|
14,306 |
|
|
|
|
|
|
|
|
|
Estimated useful lives applied by the Bank are presented in Note No. 2(n) on Property and equipment.
As of December 31, 2017, the fair value of the investment properties held by the Bank is Ch$42,230 million (Ch$41,071 million as of December 31, 2016).
In 2017, the Bank earned income of Ch$5,844 million (Ch$5,914 million in 2016) renting out their investment properties. In the same period the Bank incurred corresponding expenses of Ch$2,587 million and Ch$2,806 million per year in 2016 and 2017.