9. ACCOUNTS RECEIVABLE WITH RELATED ENTITIESThe transactions and balances with persons and legal entities related to the aforementioned controlling companies, together with benefits received by directors andkey members of the <strong>Entel</strong> Group are detailed below.a) Accounts receivableTax ID Company Country of origin Nature of relationship Currency Current12/31/2011 12/31/2010Th.CLP$Th.CLP$78.549.280-3 Envases Roble Alto S.A. Chile Shared director CLP 21,561 6,42079.818.600-0 CMPC Papeles S.A. Chile Shared director CLP - 8879.943.600-0 Propa S.A. Chile Shared director CLP 3,175 2,00384.552.500-5 Portuaria CMPC S.A. Chile Shared director CLP 4,597 3,91486.359.300-K Sociedad Recuperadora de Papel S.A. Chile Shared director CLP 9,175 4,63386.457.100-K Sociedad Estacionamientos Américo Vespucio Ltda Chile Shared director CLP 51 -88.566.900-K Empresa Distribuidora de Papeles y Cartones S.A. Chile Shared director CLP 2,911 1,61889.201.400-0 Envases Impresos S.A. Chile Shared director CLP 3,965 4,24389.696.400-3 Empresa de Residuos Resiter S.A. Chile Shared director CLP 9,257 8090.940.000-7 Inmobiliaria e Inversiones Varco S.A. Chile Shared director CLP 59 -16791.440.000-7 Forestal Mininco S.A. Chile Shared director CLP 100,811 79,39591.656.000-1 Industrias Forestales S.A. Chile Shared director CLP 10,669 7,80592.177.000-6 Le Grand Chic S.A. Chile Shared director CLP 1,340 9093.658.000-9 Chilena de Moldeados S.A. Chile Shared director CLP 1,159 825Report 201195.304.000-K CMPC Maderas S.A. Chile Shared director CLP 63,578 71,52096.500.110-7 Forestal y Agrícola Monte Aguila S.A. Chile Shared director CLP - 1,09096.529.310-8 CMPC Tissue S.A. Chile Shared director CLP 40,467 32,12196.532.330-9 CMPC Celulosa S.A. Chile Shared director CLP 71,294 59,83396.656.410-5 BICE Vida Compañía de Seguros S.A. Chile Shared director CLP 7,867 4,60696.757.710-3 CMPC Productos de Papel S.A. Chile Shared director CLP 107 24096.768.750-2 Servicios Compartidos CMPC S.A. Chile Shared director CLP 259,033 156,01996.778.980-1 Soc. Administradora Plaza Central S.A. Chile Shared director CLP 2,880 28696.853.150-6 Papeles Cordillera S.A. Chile Shared director CLP 10,047 4,86396.889.540-0 Dorin Ltda. Chile Shared director CLP 599 -97.080.000-K Banco BICE Chile Shared director CLP 46,268 20,49796.731.890-6 Cartulinas CMPC S.A. Chile Shared director CLP 50,911 7,00399.513.410-1 SMB Factoring S.A. Chile Shared director CLP 19 -99.544.240-K Inmobiliaria Suecia S.A. Chile Shared director CLP 10 -99.563.840-1 Las Garzas S.A. Chile Shared director CLP 942 -Total 722,752 469,192
) TransactionsCompanies for which transactions have been made with Chile as country of origin.Tax ID Company Nature ofrelationshipDescription oftransactionValueTh.CLP$12/31/2011 31/12/2010Effect on income(charge/credit)ValueTh.CLP$Effect on income(charge/credit)78.549.280-3 Envases Roble Alto S.A. Shared director Services provided 52,101 52,101 47,220 47,22079.818.600-0 CMPC Papeles S.A. Shared director Services provided 892 892 1,093 1,09379.943.600-0 PROPA S.A. Shared director Services provided 19,410 19,410 30,165 30,16584.552.500-5 Portuaria CMPC S.A. Shared director Services provided 20,808 20,808 23,021 23,02186.359.300-K SOREPA S.A. Shared director Services provided 54,281 54,281 62,893 62,89388.566.900-K EDIPAC S.A. Shared director Services provided 17,601 17,601 20,309 20,30989.201.400-0 Envases Impresos S.A. Shared director Services provided 34,076 34,076 40,151 40,15189.696.400-3 Empresa de Residuos Resiter S.A. Shared director Services provided 100,461 100,461 106,298 106,29891.440.000-7 Forestal Mininco S.A. Shared director Services provided 229,372 229,372 245,472 245,47291.656.000-1 Industrias Forestales S.A. Shared director Services provided 16,764 16,764 26,805 26,80592.177.000-6 Le Grand Chic S.A. Shared director Services provided 16,605 16,605 17,821 17,82116893.658.000-9 Chilena de Moldeados S.A. Chimolsa Shared director Services provided 9,115 9,115 13,469 13,46995.304.000-K CMPC Maderas S.A. Shared director Services provided 213,342 213,342 251,376 251,37696.529.310-8 CMPC Tissue S.A. Shared director Services provided 222,790 222,790 302,640 302,640Report 201196.532.330-9 CMPC Celulosa S.A. Shared director Services provided 294,478 294,478 341,315 341,31596.656.410-5 BICE Vida Compañia de Seguros Shared director Services provided 38,419 38,419 86,581 86,58196.731.890-6 Cartulinas CMPC S.A. Shared director Services provided 118,496 118,496 130,772 130,77296.757.710-3 CMPC Productos de Papel S.A. Shared director Services provided 3,041 3,041 3,393 3,39396.768.750-2 Servicios Compartidos CMPC S.A. Shared director Services provided 1,098,524 1,098,524 1,017,998 1,017,99896.778.980-1 Soc. Administradora Plaza Central S.A. Shared director Services provided 8,795 8,795 9,184 9,18496.853.150-6 Papeles Cordillera S.A. Shared director Services provided 44,395 44,395 55,341 55,34196.889.540-0 Dorin Ltda. Shared director Services provided 5,894 5,894 4,706 4,70697.080.000-K Banco Bice Shared director Services provided 188,218 188,218 198,644 198,64497.080.000-K Banco Bice Shared director Services received - - 72,495 ( 72,495 )99.513.410-1 SMB Factoring S.A. Shared director Services received 201 (201) 226 ( 226 )99.563.840-1 Las Garzas S.A. Shared director Services received 6,644 ( 6,644 ) 2,806 ( 2,806 )c) Remuneration and Benefits Received by Directors and Group Executives:The parent company is managed by a board of directors of nine members whose remunerations for 2011 and 2010 were Th.CLP $400,759 and Th.CLP $362,982,respectively.For the same period, remuneration of key members was Th.CLP $7,297,889 and Th.CLP $6,339,410, respectively.The periods account for 23 and 37 executives, respectively.
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Company IdentificationChairman’s
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Juan José Hurtado VicuñaChairmanC
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CONSOLIDATED REVENUEValues calculat
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CONSOLIDATED OPERATING INCOMEValues
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Chapter 1CompanyinfOrmation_
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KEY FIGURES 2011In CLP$ million 200
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1997199820002001PCS MOBILE TELEPHON
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Since 2009, Entel has had a Code of
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23Report 2011Raúl AlcaínoLihnDire
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New StructureIn its current organiz
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“workForce*_27ParentCompanyMobile
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72 projectswere undertaken by Human
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31Report 2011
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Entel sponsored the Sensation and C
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“Live better connected” Campaig
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Chapter 2StrategicfouNdations_
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Entel spentUSD $502 millionon the d
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custOmerserVice_42Report 2011The ma
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Consultancy, good practices and the
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innovAtion_46Report 2011Innovation
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48Report 2011I-factoryEntel has cre
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MarketSegments_Chapter 3
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REVENUE FOR CHILEAN TELECOMMUNICATI
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Connectivity Breaking Down Barriers
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December 5, 2011January 16, 2012Mar
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CONSUMERS SEGMENT SHARE OF TOTALENT
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945,429 subscribersMBB services (in
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Innovations 2011The new products an
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ENTERPRISE SEGMENT SHARE OF TOTALEN
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+50% market sharein mobile services
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CORPORATE SEGMENT SHARE OF TOTAL EN
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Mobile ServicesInfrastructureFor th
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15 %annual growthin Wholesale Segme
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In August 2011, the second stage of
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(* ) USD$ 45 millionParticipants in
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(* )...consOlidatedresultS_86Report
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AMERICATEL PERÚ GROSS REvENUE(in U
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(* )24%annual growthactive position
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COPC® CertificationIn April 2011,
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compAny andfiNancialinformation_
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*Tax ID No. Shareholders Quantity o
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On January 24, 2005, the board of d
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IX. Parent Company - Merger by Abso
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sUbsidiariesand associAtecOmpanies_
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Entel Servicios Empresariales ( Ex
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Entel Servicios Empresariales (Red
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Subsidiaries of Entel S.A.Company N
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Subsidiaries of Entel S.A.Company N
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231Report 2011PrintingFYRMA GRÁFIC
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