Country Chile.

Integrative workshop - Public Sector Accounting

- General Background

On December 15, 2017, the uble Health Service was created by Decree, which

contemplates settling in the Coelemu Commune.

To do this, the Ministry of Finance delivers the funds (capital) to start the

normal activities.

Additionally, a house is given on loan for the development of its activities (not

contract exists).

- Additional background

a) There are no indications of impairment of value of non-cash-generating assets as of

vehicle exception.

b) The useful lives of fixed assets correspond to those indicated in the table of

reference of Resolution No. 16.

c) All purchases of any kind are paid within 30 days.

d) The value of the monthly UTM corresponds to what is indicated in the SII (Internal Revenue Service, IRS)

• It is requested:

- Balance Sheet and Income Statement as of December 31, 2018, following the

structure of what is indicated in Resolution No. 16.

- It is required to disclose the preparation and presentation notes of the following items:

• Useful goods
• Intangible assets
• Leases
• Accounting policies for the aforementioned tems

CURRENT ACTIVE AVAILABLE RESOURCES AVAILABILITY IN NATIONAL CURRENCY ADVANCE OF FUNDS NON-CURRENT ASSET FIXED ASSETS OTHER USED GOODS INTANGIBLE GOODS INTANGIBLE GOODS TOTAL ASSETS STATE HERITAGE Institutional Heritage Result of the excersice TOTAL ASSETS BALANCE SHEET AS OF DECEMBER 31, 2017 ACCOUNTS ASSETS ACCOUNTS HERITAGE 31-12-2017 73.250.000 73.250.000 50.000.000 23.250.000 101.890.000 41.890.000 41.890.000 60.000.000 60.000.000 167.140.000 8.000.000 31-12-2017 175.140.000 175.140.000 175.140.000