EX-5 7 ex5.htm EXHIBIT 5: BALANCE












































Exhibit 5: Balance Sheet






























Ch$ millions

US$ millions (1)

%





31-Dec-08 31-Dec-07

31-Dec-08 31-Dec-07

Change



ASSETS



























Cash & equivalents
55.708 127.477

87,5 200,3

-56,3%



Other current assets
320.003 236.690

502,8 371,9

35,2%



Total current assets
375.711 364.167

590,3 572,2

3,2%


















PP&E, net
519.520 429.045

816,3 674,1

21,1%



Other assets
177.722 106.973

279,2 168,1

66,1%


















TOTAL ASSETS
1.072.953 900.185

1.685,8 1.414,4

19,2%

































LIABILITIES &













STOCKHOLDERS' EQUITY




























Short-term debt (2)
86.406 11.273

135,8 17,7

666,5%



Other current liabilities
186.962 152.855

293,8 240,2

22,3%



Total current liabilities
273.368 164.129

429,5 257,9

66,6%


















Long-term debt (2)
161.130 177.599

253,2 279,0

-9,3%



Other long-term liabilities
48.409 61.449

76,1 96,5

-21,2%



Total long-term liabilities
209.539 239.048

329,2 375,6

-12,3%


















Minority interest
93.800 59.453

147,4 93,4

57,8%


















Stockholders' equity
496.246 437.556

779,7 687,5

13,4%


















TOTAL LIABILITIES &













STOCKHOLDERS' EQUITY
1.072.953 900.185

1.685,8 1.414,4

19,2%

































OTHER FINANCIAL INFORMATION











































Total financial debt
247.536 188.872

388,9 296,8

31,1%


















Net debt (3)
191.828 61.395

301,4 96,5

212,4%


















Liquidity ratio
1,37 2,22










Debt / Capitalization
0,30 0,28

























(1) Exchange rate: US$1.00 = Ch$636.45













(2) Includes only financial debt













(3) Total financial debt minus cash & equivalents