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EQUITY (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of number of shares


		Number of shares subscribed at nominal value				Number of shares paid in				Number of voting shares
Series		2019		2018		2019		2018		2019		2018
A		473,289,301		473,289,301		473,289,301		473,289,301		473,289,301		473,289,301
B		473,281,303		473,281,303		473,281,303		473,281,303		473,281,303		473,281,303

Schedule of equity


		Subscribed Capital				Paid-in capital
Series		2019		2018		2019		2018
		ThCh$		ThCh$		ThCh$		ThCh$
A		135,379,504		135,379,504		135,379,504		135,379,504
B		135,358,070		135,358,070		135,358,070		135,358,070
Total		270,737,574		270,737,574		270,737,574		270,737,574

Schedule of dividends declared and paid


						Profits
				Dividend		imputable to		Ch$ per Series		Ch$ per Series
Periods				type		dividends		A Share		B Share
2018		January		Interim		2017 Earnings		21.50		23.65
2018		May		Final		2017 Earnings		21.50		23.65
2018		August		Additional		Accumulated Earnings		21.50		23.65
2018		October		Interim		2018 Earnings		21.50		23.65
2019		January		Interim		2018 Earnings		21.50		23.65
2019		May		Final		2018 Earnings		21.50		23.65
2019		August		Additional		Accumulated Earnings		21.50		23.65
2019		October		Interim		2019 Earnings		21.50		23.65
2020		January		Interim		2019 Earnings		22.60		24.86

Schedule of other reserves


Description		12.31.2019		12.31.2018		12.31.2017
		ThCh$		ThCh$		ThCh$
Polar acquisition		421,701,520		421,701,520		421,701,520
Foreign currency translation reserves		(339,076,340)		(306,674,528)		(237,077,572)
Cash flow hedge reserve		(14,850,683)		(13,668,932)		(3,094,671)
Reserve for employee benefit actuarial gains or losses		(2,230,752)		(1,954,077)		(1,915,587)
Legal and statutory reserves		5,435,538		5,435,538		5,435,538
Other		6,014,568		6,014,568		—
Total		76,993,851		110,854,089		185,049,228

Schedule of foreign currency translation reserves


Details		12.31.2019		12.31.2018		12.31.2017
		ThCh$		ThCh$		ThCh$
Brazil		(102,922,548)		(99,990,343)		(90,156,924)
Argentina		(246,415,922)		(201,118,180)		(128,348,112)
Paraguay		6,133,700		8,623,849		(4,862,332)
Exchange rate differences in related companies		4,128,430		(14,189,854)		(13,710,204)
Total		(339,076,340)		(306,674,528)		(237,077,572)

Schedule of movement in foreign currency translation reserves


Details		12.31.2019		12.31.2018		12.31.2017
		ThCh$		ThCh$		ThCh$
Brazil		15,386,079		(10,313,069)		(32,963,533)
Argentina		(45,297,742)		(72,770,068)		(19,961,899)
Paraguay		(2,490,149)		13,486,181		(15,407,785)
Exchange rate differences in related companies		—		—		—
Total		(32,401,812)		(69,596,956)		(68,333,217)

Schedule of consolidated statements of comprehensive income


		Gross Balance		Tax		Net Balance
Cash Flow for hedge (1)		(1,865,233)		683,482		(1,181,751)
Exchange rate translation differences (1)		(41,844,584)		9,295,546		(32,549,038)
Benefit relate to defined benefit plans		(379,007)		102,332		(276,675)
Total Comprenhensive income as of December 31, 2019		(44,088,824)		10,081,360		(34,007,464)


		Gross Balance		Tax		Net Balance
Cash Flow for hedge (1)		(13,151,841)		2,554,551		(10,597,290)
Exchange rate translation differences (1)		(72,455,525)		2,476,204		(69,979,321)
Benefit relate to defined benefit plans		(63,463)		16,184		(47,279)
Total Comprenhensive income as of December 31, 2018		(85,670,829)		5,046,939		(80,623,890)


		Gross Balance		Tax		Net Balance
Cash Flow for hedge (1)		(813,844)		167,348		(646,496)
Exchange rate translation differences (1)		(68,831,435)		232,666		(68,598,769)
Benefit relate to defined benefit plans		(329,477)		84,017		(245,460)
Total Comprenhensive income as of December 31, 2017		(69,974,756)		484,031		(69,490,725)

(1)These concepts will be reclassified to the statements of income when it is settled.

Schedule of movement in comprehensive income


						Benefit related
		Cash Flow		Exchange rate		to defines
As of December 31, 2019:		Hedge		Differences		benefit plans
		M$		M$		M$
Increase (decrease)		(1,724,004)		(41,844,584)		53,511
Deferred taxes		340,835		9,295,546		(14,448)
Reclassification to the result by function		118,779		—		(432,518)
Reclassification of deferred taxes related to other reserves		82,639		—		116,780
Total Changes in Equity		(1,181,751)		(32,549,038)		(276,675)
Equity holders of the parent		(1,181,751)		(32,401,812)		(276,675)
Non-Controlling interests		—		(147,226)		—
Total Changes in equity as of December 31, 2019		(1,181,751)		(32,549,038)		(276,675)


						Benefit related
		Cash Flow		Exchange rate		to defines
As of December 31, 2018:		Hedge		Differences		benefit plans
		M$		M$		M$
Increase (decrease)		(63,699,788)		(72,455,525)		(334,508)
Deferred taxes		20,217,065		2,476,204		89,366
Reclassification to the result by function		48,415,956		—		271,045
Reclassification of deferred taxes related to other reserves		(15,530,523)		—		(73,182)
Total Changes in Equity		(10,597,290)		(69,979,321)		(47,279)
Equity holders of the parent		(10,597,290)		(69,592,296)		(43,150)
Non-Controlling interests		—		(387,025)		(4,129)
Total Changes in equity as of December 31, 2018		(10,597,290)		(69,979,321)		(47,279)


						Benefit related
		Cash Flow		Exchange rate		to defines
As of December 31, 2017:		Hedge		Differences		benefit plans
		M$		M$		M$
Increase (decrease)		(14,172,572)		(68,831,435)		(476,044)
Deferred taxes		3,875,908		232,666		121,390
Reclassification to the result by function		13,352,835		—		146,564
Reclassification of deferred taxes related to other reserves		(3,702,667)		—		(37,370)
Total Changes in Equity		(646,496)		(68,598,769)		(245,460)
Equity holders of the parent		(646,496)		(68,333,217)		(130,555)
Non-Controlling interests		—		(265,552)		(114,905)
Total Changes in equity as of December 31, 2017		(646,496)		(68,598,769)		(245,460)

Schedule of non-controlling interests


		Non-controlling Interests
		Ownership %						Shareholders’ Equity						Income
								December		December		December		December		December		December
Details		2019		2018		2017		2019		2018		2017		2019		2018		2017
								ThCh$		ThCh$		ThCh$		ThCh$		ThCh$		ThCh$
Embotelladora del Atlántico S.A.		0.0171		0.0171		0.0171		26,342		23,260		13,765		4,183		3,633		5,590
Andina Empaques Argentina S.A.		0.0209		0.0209		0.0209		2,290		2,113		2,213		409		96		711
Paraguay Refrescos S.A.		2.1697		2.1697		2.1697		5,368,470		5,378,074		5,045,792		622,188		556,112		502,945
Vital S.A.		35.0000		35.0000		35.0000		7,904,741		7,674,785		9,261,108		263,442		271,063		283,327
Vital Aguas S.A.		33.5000		33.5000		33.5000		1,803,884		1,986,493		2,117,098		105,870		36,696		151,647
Envases Central S.A.		40.7300		40.7300		40.7300		5,148,531		4,836,892		5,483,317		528,205		(20,225)		220,715
Total								20,254,258		19,901,617		21,923,293		1,524,297		847,375		1,164,935

Schedule of subsidiaries financial information


				Andina
		Embotelladora		Empaques		Paraguay
		Del Atlantico		Argentina		Refrescos		Vital Jugos		Vital Aguas		Envases
December 31,2019		S.A.		S.A.		S.A.		S.A.		S.A.		Central S.A.
Total current assets		73,309,861		4,350,074		41,266,559		18,534,272		5,266,575		16,265,862
Total non-current assets		160,885,628		9,433,294		248,309,451		15,475,979		8,527,624		20,903,184
Total current liabilities		66,987,371		2,212,255		25,990,081		11,150,695		5,794,282		18,732,369
Total non-current liabilities		12,732,620		618,031		16,161,177		274,583		2,615,188		5,796,119
Net sales		384,856,368		18,509,124		158,892,010		46,818,385		18,201,656		70,633,817
Net Income		24,531,815		1,954,024		28,675,727		752,692		316,031		1,296,840


				Andina
		Embotelladora		Empaques		Paraguay
		Del Atlantico		Argentina		Refrescos		Vital Jugos		Vital Aguas		Envases
December 31,2018		S.A.		S.A.		S.A.		S.A.		S.A.		Central S.A.
Total current assets		78,222,876		4,329,932		37,309,706		16,005,424		4,616,490		13,737,336
Total non-current assets		156,224,157		9,251,880		248,751,791		16,969,708		5,287,639		12,239,333
Total current liabilities		82,148,269		2,309,810		21,870,719		11,018,878		3,803,117		13,063,735
Total non-current liabilities		15,897,476		1,169,270		16,323,385		28,298		171,184		1,041,400
Net sales		406,216,738		16,034,964		149,588,252		56,724,318		15,859,403		59,433,099
Net Income		21,304,406		458,980		25,630,364		774,466		109,539		(112,302)


				Andina
		Embotelladora		Empaques		Paraguay
		Del Atlantico		Argentina		Refrescos		Vital Jugos		Vital Aguas		Envases
December 31,2017		S.A.		S.A.		S.A.		S.A.		S.A.		Central S.A.
Total current assets		97,285,008		7,143,561		30,419,844		21,135,712		4,296,412		8,343,734
Total non-current assets		94,369,129		6,413,307		234,278,288		19,691,418		5,876,875		14,243,627
Total current liabilities		109,594,738		2,944,499		17,297,339		14,244,283		3,698,382		7,410,662
Total non-current liabilities		1,339,723		28,444		14,487,776		128,071		157,558		1,710,709
Net sales		544,585,291		20,698,427		141,277,230		68,884,622		14,642,493		39,205,943
Net Income		32,781,977		3,398,080		23,179,968		809,507		452,679		541,927

Schedule of earnings per share


Earnings per share		12.31.2019
		SERIES A		SERIES B
Earnings attributable to shareholders (CLP 000’s)		82,725,427		90,996,501
Average weighted number of shares		473,289,301		473,281,303
Earnings per share (in CLP)		174.79		192.27


Earnings per share		12.31.2018
		SERIES A		SERIES B
Earnings attributable to shareholders (ThCh$)		46,001,994		50,601,377
Average weighted number of shares		473,289,301		473,281,303
Earnings per share (in CLP)		97.20		106.92


Earnings per share		12.31.2017
		SERIES A		SERIES B
Earnings attributable to shareholders (ThCh$)		56,112,755		61,723,035
Average weighted number of shares		473,289,301		473,281,303
Earnings per share (in CLP)		118.56		130.42