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INVENTORIES (Tables)
12 Months Ended
Dec. 31, 2018
INVENTORIES  
Schedule of composition of inventories

 

 

 

 

 

 

Details

    

12.31.2018

    

12.31.2017

 

 

ThCh$

 

ThCh$

Raw materials (1)

 

86,102,495

 

78,216,172

Finished goods

 

37,213,848

 

32,097,377

Spare parts and supplies

 

28,777,180

 

19,774,056

Work in progress

 

780,324

 

676,609

Other inventories

 

1,049,165

 

4,134,237

Obsolescence provision (2)

 

(2,603,303)

 

(3,535,451)

Total

 

151,319,709

 

131,363,000


(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.