| Cash and Cash Equivalents |
| 7. | Cash and Cash Equivalents: |
Details of cash and cash equivalents
and its reconciliation to the Statement of Cash Flows at each year-end are as follows:
| | |
2025 | | |
2024 | |
| | |
MCh$ | | |
MCh$ | |
| Cash and deposits in banks: | |
| | |
| |
| Cash (*) | |
| 900,264 | | |
| 879,130 | |
| Deposit in Chilean Central Bank (*) | |
| 1,347,525 | | |
| 1,036,476 | |
| Deposits in domestic banks | |
| 8,862 | | |
| 12,767 | |
| Deposits in abroad banks | |
| 334,335 | | |
| 770,703 | |
| Subtotal - Cash and deposits in banks | |
| 2,590,986 | | |
| 2,699,076 | |
| | |
| | | |
| | |
| Net transactions in the course of settlement (**) | |
| (149,753 | ) | |
| 88,851 | |
| Cash equivalents (***) | |
| 492,943 | | |
| 476,610 | |
| Total cash and cash equivalents | |
| 2,934,176 | | |
| 3,264,537 | |
The detail of the balances included
under net ongoing clearance operations is as follows:
| | |
2025 | | |
2024 | |
| | |
MCh$ | | |
MCh$ | |
| Assets | |
| | |
| |
| Documents drawn on other banks (clearing) | |
| 115,967 | | |
| 109,635 | |
| Funds receivable | |
| 298,452 | | |
| 262,821 | |
| Subtotal transactions in the course of collection | |
| 414,419 | | |
| 372,456 | |
| | |
| | | |
| | |
| Liabilities | |
| | | |
| | |
| Funds payable | |
| (564,172 | ) | |
| (283,605 | ) |
| Subtotal transactions in the course of payments | |
| (564,172 | ) | |
| (283,605 | ) |
| Net transactions in the course of settlement | |
| (149,753 | ) | |
| 88,851 | |
| (*) | The level of funds in cash and in the Central Bank of Chile
responds to regulations on reserve requirements that the bank must maintain on average in monthly periods. |
| (**) | Pending clearing operations with the Central Bank of Chile and
foreign banks. Settlement for these transactions is normally finalized within 12 or 24 business hours since transactions took place. |
| (***) | Refers to financial instruments that meet the criteria to be
considered as “cash equivalents” as defined by IAS 7, i.e., to qualify as “cash equivalents” investments in debt
financial instruments must be: short-term with an original maturity of 90 days or less from the date of acquisition, highly liquid, readily
convertible to known amounts of cash from the date of initial investment, and that the financial instruments are exposed to an insignificant
risk of changes in their value. |
|