EX-3 5 ex3.htm EXHIBIT 3: SEGMENT INFORMATION (FOURTH QUARTER 2007)







































Exhibit 3: Segment Information - Fourth Quarter 2007








































Beer - Chile
Beer - Argentina
Soft Drinks & Min Water
Wine
Spirits
Others


2007 2006
2007 2006
2007 2006
2007 2006
2007 2006
2007 2006
OPERATING RESULTS


















(all figures in Ch$ millions)


















Revenues


















Core products
78.243 73.837
22.157 21.651
53.084 48.983
18.474 18.787
10.443 10.028
2.827 2.965
Other products
1.357 1.427
522 436
212 226
1.353 969
405 111
0 0
Total
79.601 75.264
22.679 22.087
53.295 49.209
19.827 19.756
10.848 10.139
2.827 2.965
% change
5,8%

2,7%

8,3%

0,4%

7,0%

-4,6%





















Cost of sales
(29.620) (26.421)
(10.693) (10.344)
(23.697) (22.370)
(12.328) (13.370)
(6.052) (5.712)
(1.712) (1.905)
% of sales
37,2% 35,1%
47,1% 46,8%
44,5% 45,5%
62,2% 67,7%
55,8% 56,3%
60,5% 64,3%




















SG&A
(25.348) (23.932)
(9.531) (8.908)
(23.006) (21.555)
(6.508) (6.552)
(3.993) (3.870)
(455) (522)
% of sales
31,8% 31,8%
42,0% 40,3%
43,2% 43,8%
32,8% 33,2%
36,8% 38,2%
16,1% 17,6%




















Operating profit
24.633 24.911
2.455 2.835
6.592 5.284
991 (166)
804 557
661 537
% change
-1,1%

-13,4%

24,8%

NM

44,4%

23,1%

% of sales
30,9% 33,1%
10,8% 12,8%
12,4% 10,7%
5,0% -0,8%
7,4% 5,5%
23,4% 18,1%




















Depreciation
5.236 5.042
1.238 1.549
2.541 2.523
1.361 1.435
457 349
511 328
Amortization
5 3
30 41
- 0
99 100
7 7
- 0
EBITDA
29.874 29.957
3.723 4.424
9.133 7.806
2.451 1.368
1.267 912
1.171 865
% change
-0,3%

-15,9%

17,0%

79,1%

38,9%

35,5%

% of sales
37,5% 39,8%
16,4% 20,0%
17,1% 15,9%
12,4% 6,9%
11,7% 9,0%
41,4% 29,2%






























































Beer - Chile
Beer - Argentina*
Soft Drinks & Min Water
Wine***
Spirits





2007 2006
2007 2006
2007 2006
2007 2006
2007 2006



VOLUMES & PRICING


























Total**
Total
Total



Volume (HLs)
1.572.263 1.497.132
911.759 845.602
1.692.289 1.551.884
214.642 212.367
59.014 57.435



% change
5,0%

7,8%

9,0%

1,1%

2,7%
































Soft Drinks
Chile - Domestic














1.130.929 1.029.900
115.303 112.815














9,8%

2,2%















Nectars
Chile - Bottled Exports














181.657 159.061
85.713 89.399














14,2%

-4,1%















Mineral Water

















379.704 362.923
Argentina













4,6%

13.626 10.153

















34,2%


































































* Volumes include exports of 59,172 HL (16,266 HL to Chile) and 59,709 HL (16,934 HL to Chile) in Q4'07 and Q4'06, respectively.

















** In unit cases, sales from the soft drinks and mineral water segment totaled 29.8 million and 27.3 million in Q4'07 and Q4'06, respectively.


















*** Volumes do not include bulk volumes of 37,064 HL (26,401 HL from Chile exports and 10,663 HL from Argentina) and 22,798 HL (15,606 HL from Chile exports and 7,191 HL from Argentina) in Q4'07 and Q4'06, respectively.



























Total

Total






Price (Ch$ / HL)
49.765 49.319
24.301 25.605
31.368 31.563
86.069 88.465
176.964 174.604



% change (real)
0,9%

-5,1%

-0,6%

-2,7%

1,4%
































Soft Drinks
Chile - Domestic














30.522 30.853
55.042 57.865














-1,1%

-4,9%















Nectars
Chile - Bottled Exports














44.380 44.877
122.533 125.053














-1,1%

-2,0%














Mineral Water

















27.662 27.744
Argentina














-0,3%

119.252 106.312
















12,2%






























































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