NOTE 11 – RELATED PARTY DISCLOSURES

Balances and main transactions with related parties are detailed as follows:

11.1 Accounts receivable:

11.1.1 Current:

Country

Taxpayer ID

Company

Relationship

of origin

Currency

12.31.2018

12.31.2017

ThCh$

96.891.720-K

Embonor S.A.

Shareholder related

Chile

Chilean pesos

4,344,082

4,220,936

96.714.870-9

Coca-Cola de Chile S.A.

Shareholder

Chile

Chilean pesos

2,175,934

—

Foreign

Coca Cola de Argentina

Director related

Argentina

Argentinean pesos

1,684,357

—

Foreign

UBI 3 (Ades)

Shareholder related

Argentina

Argentinean pesos

455,823

Foreign

Alimentos de Soja S.A.U.

Shareholder related

Argentina

Argentinean pesos

371,712

—

96.517.210-2

Embotelladora Iquique S.A.

Shareholder related

Chile

Chilean pesos

228,387

303,866

86.881.400-4

Envases CMF S.A.

Associate

Chile

Chilean pesos

161,460

—

96.919.980-7

Cervecería Austral S.A.

Director related

Chile

U.S. Dollars

26,557

16,674

77.755.610-K

Comercial Patagona Ltda.

Director related

Chile

Chilean pesos

1,951

—

Foreign

Servicio y Productos para Bebidas Refrescantes S.R.L.

Shareholder

Chile

Argentinean pesos

—

181,414

76.572.588-7

Coca Cola del Valle New Ventures S.A.

Associate

Chile

Chilean pesos

—

647,342

Total

9,450,263

5,370,232

11.1.2 Non-current:

Country

Taxpayer ID

Company

Relationship

of origin

Currency

12.31.2018

12.31.2017

ThCh$

96.714.870-9

Coca-Cola de Chile S. A.

Shareholder

Chile

Chilean pesos

74,340

156,492

Total

74,340

156,492

11.2 Accounts payable:

11.2.1 Current:

Country

Taxpayer ID

Company

Relationship

of origin

Currency

12.31.2018

12.31.2017

ThCh$

96.714.870-9

Coca-Cola de Chile S.A.

Shareholder

Chile

Chilean pesos

21,286,933

12,458,055

Foreign

Recofarma do Industrias Amazonas Ltda.

Shareholder related

Brazil

Brazilian real

8,681,099

15,891,797

86.881.400-4

Envases CMF S.A.

Associate

Chile

Chilean pesos

5,702,194

2,807,572

Foreign

Servicio y Productos para Bebidas Refrescantes S.R.L.

Shareholder

Argentina

Argentinean pesos

5,479,714

—

Foreign

Leão Alimentos e Bebidas Ltda.

Associate

Brazil

Brazilian real

3,132,515

2,539,052

Foreign

Monster

Shareholder related

Brazil

Brazilian real

664,565

—

76.572.588-7

Coca Cola del Valle New Ventures S.A.

Associate

Chile

Chilean pesos

649,046

—

89.996.200-1

Envases del Pacífico S.A.

Director related

Chile

Chilean pesos

139,468

193,685

96.891.720-K

Embonor S.A.

Shareholder related

Chile

Chilean pesos

92,325

—

Foreign

Alimentos de Soja S.A.U.

Shareholder related

Argentina

Argentinean pesos

—

71,276

Total

45,827,859

33,961,437

11.3 Transactions:

Country

Cumulative

Taxpayer ID

Company

Relationship

of origin

Description of transaction

Currency

12.31.2018

ThCh$

96.714.870-9

Coca-Cola de Chile S.A.

Shareholder

Chile

Purchase of concentrates

Chilean pesos

149,933,143

96.714.870-9

Coca-Cola de Chile S.A.

Shareholder

Chile

Purchase of advertising services

Chilean pesos

3,508,010

96.714.870-9

Coca-Cola de Chile S.A.

Shareholder

Chile

Sale of raw materials and other

Chilean pesos

1,156,744

86.881.400-4

Envases CMF S.A.

Associate

Chile

Purchase of bottles

Chilean pesos

14,319,777

86.881.400-4

Envases CMF S.A.

Associate

Chile

Purchase of raw materials

Chilean pesos

18,914,788

86.881.400-4

Envases CMF S.A.

Associate

Chile

Purchase of caps

Chilean pesos

107,859

86.881.400-4

Envases CMF S.A.

Associate

Chile

Purchase services and others

Chilean pesos

1,593,798

86.881.400-4

Envases CMF S.A.

Associate

Chile

Purchase of containers

Pesos chilenos

4,096,502

86.881.400-4

Envases CMF S.A.

Associate

Chile

Sale of packaging and raw materials

Chilean pesos

3,981,631

96.891.720-K

Embonor S.A.

Related to Shareholder

Chile

Sale of finished products

Chilean pesos

41,933,095

96.517.310-2

Embotelladora Iquique S.A.

Related to Shareholder

Chile

Sale of finished products

Chilean pesos

2,570,315

89.996.200-1

Envases del Pacífico S.A.

Related to director

Chile

Purchase of raw materials and materials

Pesos chilenos

1,007,382

94.627.000-8

Parque Arauco S.A.

Related to director

Chile

Rent of spaces

Chilean pesos

91,685

Foreign

Recofarma do Industrias Amazonas Ltda.

Related to Shareholder

Brazil

Purchase of concentrates

Brazilian real

95,449,139

Foreign

Recofarma do Industrias Amazonas Ltda.

Related to Shareholder

Brazil

Refund and other purchases

Brazilian real

7,641,736

Foreign

Servicio y Productos para Bebidas Refrescantes S.R.L.

Shareholder

Argentina

Purchase of concentrates

Argentine pesos

98,947,407

Foreign

Servicio y Productos para Bebidas Refrescantes S.R.L.

Shareholder

Argentina

Advertising participation payment

Argentine pesos

5,727,498

Foreign

KIAK Participaciones

Subsidiary

Brazil

Purchase of concentrate and marketing recovery

U.S. dollar

42,292

Foreign

Leão Alimentos e Bebidas Ltda.

Associate

Brazil

Purchase of products

Brazilian real

357,286

Foreign

Sorocaba Refrescos S.A.

Associate

Brazil

Purchase of products

Brazilian real

698,090

76.572.588-7

Coca Cola Del Valle New Ventures SA

Common Shareholder

Chile

Sale of services and others

Chilean pesos

1,391,110

Foreign

Trop Frutas do Brasil Ltda.

Associate

Brazil

Purchase of products

Brazilian real

86,994

Foreign

Alimentos de Soja S.A.U.

Related to Shareholder

Argentina

Payment of fees and services

Argentine pesos

1,623,794

96.633.550-5

Sinea S.A.

Ownership held by an officer’s uncle

Chile

Purchase of raw materials

Chilean pesos

581,508

Country of

Cumulative

Taxpayer ID

Company

Relationship

origin

Description of transaction

Currency

12.31.2017

ThCh$

96.714.870-9

Coca-Cola de Chile S.A.

Shareholder

Chile

Purchase of concentrates

Chilean pesos

140,609,445

96.714.870-9

Coca-Cola de Chile S.A.

Shareholder

Chile

Purchase of advertising services

Chilean pesos

1,823,190

96.714.870-9

Coca-Cola de Chile S.A.

Shareholder

Chile

Lease of water fountain

Chilean pesos

2,989,115

96.714.870-9

Coca-Cola de Chile S.A.

Shareholder

Chile

Sale of raw materials and other

Chilean pesos

2,163,225

86.881.400-4

Envases CMF S.A.

Associate

Chile

Purchase of bottles

Chilean pesos

20,865,624

86.881.400-4

Envases CMF S.A.

Associate

Chile

Purchase of raw materials

Chilean pesos

12,617,540

86.881.400-4

Envases CMF S.A.

Associate

Chile

Purchase of caps

Chilean pesos

477,188

86.881.400-4

Envases CMF S.A.

Associate

Chile

Purchase services and others

Chilean pesos

357,456

86.881.400-4

Envases CMF S.A.

Associate

Chile

Sale services and others

Chilean pesos

14,944

86.881.400-4

Envases CMF S.A.

Associate

Chile

Purchase of packaging

Chilean pesos

2,960,894

86.881.400-4

Envases CMF S.A.

Associate

Chile

Sale of packaging and raw materials

Chilean pesos

2,942,690

96.891.720-K

Embonor S.A.

Related to Shareholder

Chile

Sale of finished products

Chilean pesos

42,561,124

96.517.310-2

Embotelladora Iquique S.A.

Related to Shareholder

Chile

Sale of finished products

Chilean pesos

2,650,329

89.996.200-1

Envases del Pacífico S.A.

Related to director

Chile

Purchase of raw materials and materials

Chilean pesos

1,676,013

94.627.000-8

Parque Arauco S.A.

Related to director

Chile

Rent of spaces

Chilean pesos

90,032

99.279.000-8

Euroamerica Seguros de Vida S.A.

Related to director

Chile

Purchase of insurance policies

Chilean pesos

312,231

Foreign

Recofarma do Industrias Amazonas Ltda.

Related to Shareholder

Brazil

Purchase of concentrates

Chilean pesos

196,738,018

Foreign

Recofarma do Industrias Amazonas Ltda.

Related to Shareholder

Brazil

Refund and other purchases

Chilean pesos

5,099,040

Foreign

Servicio y Productos para Bebidas Refrescantes S.R.L.

Shareholder

Argentina

Purchase of concentrates

Argentine pesos

272,541,272

Foreign

Servicio y Productos para Bebidas Refrescantes S.R.L.

Shareholder

Argentina

Advertising participation payment

Argentine pesos

12,584,231

Foreign

KAIK Participações

Associate

Brazil

Refund and other purchases

Brazilian real

6,614

Foreign

Leão Alimentos e Bebidas Ltda.

Associate

Brazil

Purchase of products

Brazilian real

104,103

Foreign

Coca-Cola Peru

Related to Shareholder

Peru

Purchase of concentrate and marketing recovery

U.S. dollar

7,147,534

Foreign

Sorocaba Refrescos S.A.

Associate

Brazil

Purchase of products

Brazilian real

574,881

89.862.200-2

Latam Airlines Group S.A.

Related to director

Chile

Sale of products

Chilean pesos

652,588

76.572.588-7

Coca Cola Del Valle New Ventures SA

Common Shareholder

Chile

Sale of services and others

Chilean pesos

1,444,162

Foreign

Trop Frutas do Brasil Ltda.

Associate

Brazil

Purchase of products

Brazilian real

317,565

Foreign

Alimentos de Soja S.A.U.

Related to Shareholder

Argentina

Payment of fees and services

Argentine pesos

538,546

Country

Cumulative

Taxpayer ID

Company

Relationship

of origin

Description of transaction

Currency

12.31.2016

ThCh$

96.714.870-9

Coca-Cola de Chile S.A.

Shareholder

Chile

Purchase of concentrates

Chilean pesos

129,660,611

96.714.870-9

Coca-Cola de Chile S.A.

Shareholder

Chile

Purchase of advertising services

Chilean pesos

7,154,023

96.714.870-9

Coca-Cola de Chile S.A.

Shareholder

Chile

Lease of water fountain

Chilean pesos

3,740,351

96.714.870-9

Coca-Cola de Chile S.A.

Shareholder

Chile

Sale of raw materials and other

Chilean pesos

2,299,634

86.881.400-4

Envases CMF S.A.

Associate

Chile

Purchase of bottles

Chilean pesos

34,144,348

76.572.588.7

Coca-Cola del Valle New Ventures S.A.

Associate

Chile

Administrative and commerciall services

Chilean pesos

180,000

96.891.720-K

Embonor S.A

Associate

Chile

Sale of packagingmaterials

Chilean pesos

44,310,169

96.517.310-2

Embotelladora Iquique S.A.

Related to Shareholder

Chile

Sale of finished products

Chilean pesos

2,749,506

Foreign

Recofarma do Industrias Amazonas Ltda.

Related to Shareholder

Brazil

Sale of finished products

Brazilian real

115,706,386

Foreign

Recofarma do Industrias Amazonas Ltda.

Related to Shareholder

Brazil

Purchase of concentrates

Brazilian real

25,675,184

Foreign

Leão Alimentos e Bebidas Ltda.

Associate

Brazil

Advertising participation payment

Brazilian real

11,658,142

Foreign

Servicio y Productos para Bebidas Refrescantes S.R.L.

Shareholder

Argentina

Purchase of concentrates

Argentine pesos

114,427,713

Foreign

Servicio y Productos para Bebidas Refrescantes S.R.L.

Shareholder

Argentina

Advertising participation payment

Argentine pesos

14,680,603

89.996.200-1

Envases del Pacífico S.A.

Shareholder

Chile

Purchase of concentrates

Chilean pesos

1,751,011

Foreign

Coca-Cola Peru

Related to Shareholder

Peru

Purchase of raw materials

U.S. dollar

4,188,812

11.4 Key management compensation

Salaries and benefits paid to the Company’s key management personnel including directors and managers are detailed as follows:


Description	12.31.2018	12.31.2017	12.31.2016
	ThCh$	ThCh$	ThCh$
Executive wages, salaries and benefits	6,056,337	6,454,846	6,255,806
Director allowances	1,495,123	1,513,100	1,492,088
Accrued benefit last five years and paid during the fiscal year	242,907	334,477	314,288
Contract termination benefit	51,534	—	79,027
Total	7,845,901	8,302,423	8,141,209