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INVENTORIES (Tables)
12 Months Ended
Dec. 31, 2017
INVENTORIES  
Schedule of composition of inventories

Details

 

12.31.2017

 

12.31.2016

 

 

 

ThCh$

 

ThCh$

 

Raw materials (1)

 

78,216,172

 

81,841,400

 

Finished goods

 

32,097,377

 

34,304,162

 

Spare parts and supplies

 

19,774,056

 

24,137,074

 

Work in progress

 

676,609

 

670,849

 

Other inventories

 

4,134,237

 

6,668,977

 

Obsolescence provision (2)

 

(3,535,451

)

(2,913,114

)

 

 

 

 

 

 

Total

 

131,363,000

 

144,709,348

 

 

 

 

 

 

 

 

(1)

Approximately 80% is composed of concentrate and sweeteners used in the preparation of beverages, as well as caps and PET supplies used in the packaging of the product.

 

(2)

The obsolescence provision is related mainly with the obsolescence of spare parts classified as inventories and to a lesser extent to finished products and raw materials. The general standard is to provision all those multi-functional spare parts without utility in rotation in the last four years prior to the technical analysis technical to adjust the provision. In the case of raw materials and finished products, the obsolescence provision is determined according to maturity.