EX-4 6 ex4.htm EXHIBIT 4: SEGMENT INFORMATION (FULL YEAR 2007)




































Exhibit 4: Segment Information - Twelve Months Ended December 31, 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
244.012 229.492
68.191 61.516
172.042 160.831
80.795 77.291
39.117 35.674
10.837 10.805
Other products
4.388 4.275
1.078 568
903 771
6.207 4.597
714 365
0 0
Total
248.399 233.767
69.269 62.084
172.945 161.602
87.003 81.888
39.832 36.040
10.837 10.805
% change
6,3%

11,6%

7,0%

6,2%

10,5%

0,3%





















Cost of sales
(94.940) (86.716)
(35.031) (30.175)
(81.695) (77.292)
(54.562) (56.609)
(22.203) (21.539)
(6.851) (6.790)
% of sales
38,2% 37,1%
50,6% 48,6%
47,2% 47,8%
62,7% 69,1%
55,7% 59,8%
63,2% 62,8%




















SG&A
(83.999) (82.585)
(30.205) (27.813)
(74.344) (71.288)
(26.750) (24.002)
(14.520) (13.735)
(1.801) (2.053)
% of sales
33,8% 35,3%
43,6% 44,8%
43,0% 44,1%
30,7% 29,3%
36,5% 38,1%
16,6% 19,0%




















Operating profit
69.461 64.465
4.034 4.096
16.906 13.022
5.690 1.277
3.108 766
2.185 1.962
% change
7,7%

-1,5%

29,8%

345,5%

305,9%

11,3%

% of sales
28,0% 27,6%
5,8% 6,6%
9,8% 8,1%
6,5% 1,6%
7,8% 2,1%
20,2% 18,2%




















Depreciation
20.016 19.837
5.596 6.103
10.176 10.669
5.575 5.455
1.651 1.153
1.804 1.345
Amortization
19 4
144 167
- 1
398 399
27 50
- 0
EBITDA
89.496 84.307
9.774 10.367
27.082 23.692
11.663 7.130
4.787 1.969
3.988 3.308
% change
6,2%

-5,7%

14,3%

63,6%

143,2%

20,6%

% of sales
36,0% 36,1%
14,1% 16,7%
15,7% 14,7%
13,4% 8,7%
12,0% 5,5%
36,8% 30,6%






























































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)
4.911.455 4.708.470
2.722.088 2.444.275
5.448.596 5.182.907
917.809 863.481
215.984 204.682



% change
4,3%

11,4%

5,1%

6,3%

5,5%
































Soft Drinks
Chile - Domestic














3.646.781 3.466.569
490.203 463.275














5,2%

5,8%















Nectars
Chile - Bottled Exports














657.511 547.562
376.638 359.754














20,1%

4,7%















Mineral Water

















1.144.305 1.168.775
Argentina













-2,1%

50.968 40.452
















26,0%


































































* Volumes include exports of 186,643 HL (50,830 HL to Chile) and 110,079 HL (42,701 HL to Chile) in 2007 and 2006, respectively.

















** In unit cases, sales from the soft drink and mineral water segment totaled 95.9 million and 91.3 million in 2007 and 2006, respectively.


















*** Volumes do not include bulk volumes of 140,501 HL (110,228 HL from Chile exports and 30,273 HL from Argentina) and 78,617 HL (60,776 HL from Chile exports and 351 HL from Argentina) in 2007 and 2006, respectively.


























Total
Total






Price (Ch$ / HL)
49.682 48.740
25.051 25.167
31.575 31.031
88.031 89.511
181.113 174.292



% change (real)
1,9%

-0,5%

1,8%

-1,7%

3,9%
































Soft Drinks
Chile - Domestic














30.640 30.162
55.627 61.246














1,6%

-9,2%















Nectars
Chile - Bottled Exports














44.350 44.617
125.445 123.659














-0,6%

1,4%














Mineral Water

















27.216 27.243
Argentina














-0,1%

123.209 109.527
















12,5%