EX-5 7 ex5.htm EXHIBIT 5: BALANCE



































Exhibit 5: Balance Sheet
























Ch$ millions

US$ millions (1)

%


31-Dec-07 31-Dec-06

31-Dec-07 31-Dec-06

Change
ASSETS






















Cash & equivalents
117.059 74.481

235,6 149,9

57,2%
Other current assets
217.346 203.989

437,4 410,5

6,5%
Total current assets
334.405 278.470

673,0 560,4

20,1%












PP&E, net
393.981 366.634

792,9 737,9

7,5%
Other assets
98.230 104.371

197,7 210,0

-5,9%












TOTAL ASSETS
826.616 749.475

1.663,6 1.508,3

10,3%
























LIABILITIES &










STOCKHOLDERS' EQUITY






















Short-term debt (2)
10.352 31.360

20,8 63,1

-67,0%
Other current liabilities
140.363 121.141

282,5 243,8

15,9%
Total current liabilities
150.715 152.501

303,3 306,9

-1,2%












Long-term debt (2)
163.084 126.036

328,2 253,6

29,4%
Other long-term liabilities
56.427 50.626

113,6 101,9

11,5%
Total long-term liabilities
219.511 176.662

441,8 355,5

24,3%












Minority interest
54.594 45.241

109,9 91,0

20,7%












Stockholders' equity
401.796 375.070

808,6 754,8

7,1%












TOTAL LIABILITIES &










STOCKHOLDERS' EQUITY
826.616 749.475

1.663,6 1.508,3

10,3%
























OTHER FINANCIAL INFORMATION


































Total financial debt
173.436 157.396

349,0 316,8

10,2%












Net debt (3)
56.377 82.915

113,5 166,9

-32,0%












Liquidity ratio
2,22 1,83







Debt / Capitalization
0,28 0,27



















(1) Exchange rate: US$1.00 = Ch$496.89










(2) Includes only financial debt










(3) Total financial debt minus cash & equivalents