XML 172 R21.htm IDEA: XBRL DOCUMENT
v3.21.1

INTANGIBLE ASSETS OTHER THAN GOODWILL | 12 Months Ended
--- | ---
Dec. 31, 2020
INTANGIBLE ASSETS OTHER THAN GOODWILL |
INTANGIBLE ASSETS OTHER THAN GOODWILL | 15 – INTANGIBLE ASSETS OTHER THAN GOODWILL Intangible assets other than goodwill are detailed as follows:
|  | December 31, 2020 |  | December 31, 2019
|  | Gross |  | Accumulated |  | Net |  | Gross |  | Accumulated |  | Net
Description |  | Value |  | Amortization |  | Value |  | Value |  | Amortization |  | Value
|  | ThCh$ |  | ThCh$ |  | ThCh$ |  | ThCh$ |  | ThCh$ |  | ThCh$
Distribution rights (1) |  | 598,371,081 |  | (2,005,344) |  | 596,365,737 |  | 667,148,383 |  | (393,187) |  | 666,755,196
Software |  | 35,030,003 |  | (26,882,550) |  | 8,147,453 |  | 34,347,843 |  | (26,484,427) |  | 7,863,416
Others |  | 417,957 |  | (416,982) |  | 975 |  | 750,309 |  | (293,546) |  | 456,763
Total |  | 633,819,041 |  | (29,304,876) |  | 604,514,165 |  | 702,246,535 |  | (27,171,160) |  | 675,075,375
| (1) |  | Correspond to the contractual rights to produce and distribute Coca-Cola products in certain parts of Argentina, Brazil, Chile and Paraguay. Distribution rights result from the valuation process at fair value of the assets and liabilities of the companies acquired in business combinations. Production and distribution contracts are renewable for periods of 5 years with Coca-Cola. The nature of the business and renewals that Coca-Cola has permanently done on these rights, allow qualifying them as indefinite contracts.
The distribution rights together with the assets that are part of the cash-generating units, are annually subjected to the impairment test, Such distribution rights have an indefinite useful life and are not subject to amortization: except for the Monster rights that are amortized in the term of the agreement which is 4 years.
|  | 12.31.2020 |  | 12.31.2019
Distribution rights |  | ThCh$ |  | ThCh$
Chile (excluding Metropolitan Region, Rancagua and San Antonio) |  | 303,702,092 |  | 305,235,247
Brazil (Rio de Janeiro, Espirito Santo, Ribeirão Preto and investments in Sorocaba y Leão Alimentos e Bebidas Ltda,) |  | 138,176,054 |  | 187,616,890
Paraguay |  | 152,595,420 |  | 171,841,663
Argentina (North and South) |  | 1,892,171 |  | 2,061,396
Total |  | 596,365,737 |  | 666,755,196
The movement and balances of identifiable intangible assets are detailed as follows:
|  | January 1 to December 31, 2020 |  | January 1 to December 31, 2019
|  | Distribution |  |  |  |  |  |  |  | Distribution |  |  |  |  |  |
Description |  | Rights |  | Others |  | Software |  | Total |  | Rights |  | Others |  | Software |  | Total
|  | ThCh$ |  | ThCh$ |  | ThCh$ |  | ThCh$ |  | ThCh$ |  | ThCh$ |  | ThCh$ |  | ThCh$
Opening balance |  | 666,755,196 |  | 456,763 |  | 7,863,416 |  | 675,075,375 |  | 661,026,400 |  | 430,196 |  | 7,365,957 |  | 668,822,553
Additions |  | 94,661 |  | — |  | 2,575,125 |  | 2,669,786 |  | — |  | — |  | 3,296,558 |  | 3,296,558
Amortization |  | (1,573,878) |  | — |  | (2,088,612) |  | (3,662,490) |  | (133,753) |  | — |  | (2,324,225) |  | (2,457,978)
Other increases (decreases) (1) |  | (68,910,242) |  | (455,788) |  | (202,476) |  | (69,568,506) |  | 5,862,549 |  | 26,567 |  | (474,874) |  | 5,414,242
Ending balance |  | 596,365,737 |  | 975 |  | 8,147,453 |  | 604,514,165 |  | 666,755,196 |  | 456,763 |  | 7,863,416 |  | 675,075,375
| (1) |  | Mainly corresponds to restatement due to the effects of translation of distribution rights of foreign subsidiaries.

X
- Definition The entire disclosure for intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 38 -IssueDate 2020-01-01 -Section Disclosure -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=38&code=ifrs-tx-2020-en-r&doctype=Standard&dita_xref=IAS38_g118-128_TI -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfIntangibleAssetsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ifrs-full_IntangibleAssetsOtherThanGoodwillAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration