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EQUITY (Tables) | 12 Months Ended
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Dec. 31, 2021
EQUITY |
Schedule of number of shares | ​
​ | ​ | ​ | ​ | ​
​ | ​ | Number of subscribed, paid-in and voting shares
Series |  | 2021 |  | 2020
A |  | 473,289,301 |  | 473,289,301
B |  | 473,281,303 |  | 473,281,303
Schedule of equity | ​
​ | ​ | ​ | ​ | ​
​ | ​ | Paid-in and subscribed capital
Series |  | 2021 |  | 2020
​ |  | ThCh$ |  | ThCh$
A |  | 135,379,504 |  | 135,379,504
B |  | 135,358,070 |  | 135,358,070
Total |  | 270,737,574 |  | 270,737,574
Schedule of dividends declared and paid | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Dividend | ​ | Profits imputable | ​ | CLP | ​ | CLP
Periods approved - paid |  | type |  | to dividends |  | Series A |  | Series B
04.17.2019 | ​ | 05.30.2019 | ​ | Final | ​ | 2018 Results | ​ | 21.50 | ​ | 23.65
04.17.2019 |  | 08.29.2019 |  | Additional |  | Accumulated Earnings |  | 21.50 |  | 23.65
09.24.2019 |  | 10.24.2019 |  | Interim |  | 2019 Results |  | 21.50 |  | 23.65
12.20.2019 |  | 01.23.2020 |  | Interim |  | 2019 Results |  | 22.60 |  | 24.86
02-25-2020 |  | 05-29-2020 |  | Final |  | 2019 Earnings |  | 26.00 |  | 28.60
02-25-2020 |  | 08-28-2020 |  | Additional |  | Accumulated Earnings |  | 26.60 |  | 28.60
10-27-2020 |  | 11-24-2020 |  | Interim |  | 2020 Earnings |  | 26.60 |  | 28.60
12-22-2020 | ​ | 01-29-2021 | ​ | Interim | ​ | 2020 Earnings | ​ | 26.00 | ​ | 28.60
04-15-2021 | ​ | 05-28-2021 | ​ | Final | ​ | 2020 Earnings | ​ | 26.00 | ​ | 28.60
04-15-2021 | ​ | 08-27-2021 | ​ | Additional | ​ | 2020 Earnings | ​ | 26.00 | ​ | 28.60
09-28-2021 | ​ | 10-29-2021 | ​ | Interim | ​ | 2021 Earnings | ​ | 29.00 | ​ | 31.90
12-21-2021 |  | 01-28-2022 |  | Interim |  | 2021 Earnings |  | 29.00 |  | 31.90
Schedule of other reserves | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
Concept |  | 12.31.2021 |  | 12.31.2020 |  | 12.31.2019
​ |  | ThCh$ |  | ThCh$ |  | ThCh$
Polar acquisition |  | 421,701,520 |  | 421,701,520 | ​ | 421,701,520
Foreign currency translation reserves |  | (441,580,088) |  | (517,496,486) | ​ | (339,076,340)
Cash flow hedge reserve |  | 50,603,698 |  | (24,719,533) | ​ | (14,850,683)
Reserve for employee benefit actuarial gains or losses |  | (4,885,926) |  | (4,663,193) | ​ | (2,230,752)
Legal and statutory reserves |  | 5,435,538 |  | 5,435,538 | ​ | 5,435,538
Other | ​ | 6,014,568 | ​ | 6,014,568 | ​ | 6,014,568
Total |  | 37,289,310 |  | (113,727,586) | ​ | 76,993,851
Schedule of foreign currency translation reserves | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
Description |  | 12.31.2021 |  | 12.31.2020 |  | 12.31.2019
​ |  | ThCh$ |  | ThCh$ |  | ThCh$
Brazil |  | (167,447,389) |  | (203,657,392) |  | (98,794,118)
Argentina |  | (294,696,228) |  | (291,332,402) |  | (246,415,922)
Paraguay |  | 20,563,529 |  | (22,506,692) |  | 6,133,700
Total |  | (441,580,088) |  | (517,496,486) |  | (339,076,340)
Schedule of movement in foreign currency translation reserves | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
Description |  | 12.31.2021 |  | 12.31.2020 |  | 12.31.2019
​ |  | ThCh$ |  | ThCh$ |  | ThCh$
Brazil |  | 36,210,003 |  | (104,863,274) |  | 15,386,079
Argentina |  | (3,363,826) |  | (44,916,480) |  | (45,297,742)
Paraguay |  | 43,070,221 |  | (28,640,392) |  | (2,490,149)
Total |  | 75,916,398 |  | (178,420,146) |  | (32,401,812)
Schedule of consolidated statements of comprehensive income | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Gross | ​ | ​ | ​ | ​
​ |  | Balance |  | Tax |  | Net Balance
Cash Flow for hedge (1) |  | 104,232,055 |  | (28,944,992) |  | 75,287,063
Exchange rate translation differences (1) |  | 98,973,862 |  | (22,103,267) |  | 76,870,595
Benefit related to defined benefit plans |  | (357,840) |  | 96,617 |  | (261,223)
Total Comprehensive income as of December 31, 2021 |  | 202,848,077 |  | (50,951,642) |  | 151,896,435
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Gross | ​ | ​ | ​ | ​
​ |  | Balance |  | Tax |  | Net Balance
Cash Flow for hedge (1) |  | (12,203,755) |  | 2,334,037 |  | (9,869,718)
Exchange rate translation differences (1) |  | (264,119,093) |  | 84,571,922 |  | (179,547,171)
Benefit related to defined benefit plans |  | (3,146,362) |  | 849,518 |  | (2,296,844)
Total Comprehensive income as of December 31, 2020 |  | (279,469,210) |  | 87,755,477 |  | (191,713,733)
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 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 related to defined benefit plans |  | (379,007) |  | 102,332 |  | (276,675)
Total Comprehensive income as of December 31, 2019 |  | (44,088,824) |  | 10,081,360 |  | (34,007,464)
(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, 2021: | ​ | Hedge | ​ | Differences | ​ | benefit plans
​ |  | M$ |  | M$ |  | M$
Increase (decrease) |  | 102,529,128 | ​ | 98,973,862 | ​ | 3,026,996
Deferred taxes |  | (28,469,748) | ​ | (22,103,267) | ​ | (817,289)
Reclassification to the result by function |  | 1,227,683 | ​ | — | ​ | (2,470,930)
Reclassification of deferred taxes related to other reserves |  | — | ​ | — | ​ | —
Total Changes in Equity |  | 75,287,063 | ​ | 76,870,595 | ​ | (261,223)
Majority Equity holders |  | 75,323,231 | ​ | 75,916,398 | ​ | (222,733)
Non-Controlling interests |  | (36,168) | ​ | 954,197 | ​ | (38,490)
Total Changes in equity as of December 31, 2021 |  | 75,287,063 | ​ | 76,870,595 | ​ | (261,223)
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | ​ |  | Benefit related
​ | ​ | Cash Flow | ​ | Exchange rate | ​ | to defines
As of December 31, 2020: | ​ | Hedge | ​ | Differences | ​ | benefit plans
​ |  | M$ |  | M$ |  | M$
Increase (decrease) |  | (11,029,171) |  | (264,119,093) |  | (3,338,354)
Deferred taxes |  | 2,029,363 |  | 84,571,923 |  | 901,356
Reclassification to the result by function |  | (869,910) |  | — |  | 140,153
Reclassification of deferred taxes related to other reserves |  | — |  | — |  | —
Total Changes in Equity |  | (9,869,718) |  | (179,547,170) |  | (2,296,845)
Majority Equity holders |  | (9,686,850) |  | (178,420,146) |  | (2,432,441)
Non-Controlling interests |  | (868) |  | (1,127,024) |  | 135,596
Total Changes in equity as of December 31, 2020 |  | (9,869,718) |  | (179,547,170) |  | (2,296,845)
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | ​ |  | 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)
Major Equity holders |  | (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)
Schedule of non-controlling interests | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Non-controlling Interests
​ | ​ | Ownership % | ​ | ​ | ​ | Shareholders’ Equity | ​ | ​ | ​ | Income
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | December | ​ | December | ​ | December | ​ | December | ​ | December | ​ | December
Details |  | 2021 |  | 2020 |  | 2019 |  | 2021 |  | 2020 |  | 2019 |  | 2021 |  | 2020 |  | 2019
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ThCh$ | ​ | ThCh$ | ​ | ThCh$ | ​ | ThCh$ | ​ | ThCh$ | ​ | ThCh$
Embotelladora del Atlántico S.A. |  | 0.0171 |  | 0.0171 |  | 0.0171 |  | 33,794 |  | 23,662 |  | 26,342 |  | 3,463 |  | 2,312 |  | 4,183
Andina Empaques Argentina S.A. |  | 0.0209 |  | 0.0209 |  | 0.0209 |  | 3,761 |  | 2,349 |  | 2,290 |  | 326 |  | 244 |  | 409
Paraguay Refrescos S.A. |  | 2.1697 |  | 2.1697 |  | 2.1697 |  | 6,331,726 |  | 5,037,332 |  | 5,368,470 |  | 885,010 |  | 791,576 |  | 622,188
Vital S.A. |  | 35.0000 |  | 35.0000 |  | 35.0000 |  | 8,056,551 |  | 8,176,999 |  | 7,904,741 |  | 499,923 |  | 285,269 |  | 263,442
Vital Aguas S.A. |  | 33.5000 |  | 33.5000 |  | 33.5000 |  | 2,041,837 |  | 1,912,023 |  | 1,803,884 |  | 130,522 |  | 109,110 |  | 105,870
Envases Central S.A. |  | 40.7300 |  | 40.7300 |  | 40.7300 |  | 5,738,008 |  | 5,227,112 |  | 5,148,531 |  | 750,192 |  | (70,996) |  | 528,205
Re-Ciclar S.A.* | ​ | 40.0000 | ​ | — | ​ | — | ​ | 3,064,078 | ​ | — | ​ | — | ​ | 64,082 | ​ | — | ​ | —
Total |  |  |  |  |  |  |  | 25,269,755 |  | 20,379,477 |  | 20,254,258 |  | 2,333,518 |  | 1,117,515 |  | 1,524,297
​ (*) Re-Ciclar is a company, whose purpose is to produce recycled resin for the Coca-Cola system and third parties. Non-controlling interest reaches 40.0%.
Schedule of subsidiaries financial information | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Andina |  | ​ |  | ​ |  | ​ |  | ​
​ | ​ | Embotelladora | ​ | Empaques | ​ | Paraguay | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Del Atlantico | ​ | Argentina | ​ | Refrescos | ​ | Vital Jugos | ​ | Vital Aguas | ​ | Envases
December 31,2021 | ​ | S.A. | ​ | S.A. | ​ | S.A. | ​ | S.A. | ​ | S.A. | ​ | Central S.A.
Total current assets |  | 107,589,399 |  | 13,197,912 |  | 64,121,536 |  | 25,441,586 |  | 5,575,990 |  | 17,976,170
Total non-current assets |  | 209,051,488 |  | 11,865,984 |  | 279,148,198 |  | 16,832,859 |  | 5,789,335 |  | 20,945,892
Total current liabilities |  | 98,942,717 |  | 6,210,788 |  | 34,207,817 |  | 17,498,997 |  | 4,934,841 |  | 20,091,524
Total non-current liabilities |  | 19,520,634 |  | 868,253 |  | 17,242,154 |  | 1,756,730 |  | 335,449 |  | 4,742,707
Net sales |  | 517,466,510 |  | 30,750,914 |  | 169,216,180 |  | 64,513,412 |  | 16,005,176 |  | 77,475,816
Net Income |  | 20,307,709 |  | 1,558,476 |  | 40,788,801 |  | 1,428,350 |  | 389,619 |  | 1,841,867
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Andina |  | ​ |  | ​ |  | ​ |  | ​
​ | ​ | Embotelladora | ​ | Empaques | ​ | Paraguay | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Del Atlantico | ​ | Argentina | ​ | Refrescos | ​ | Vital Jugos | ​ | Vital Aguas | ​ | Envases
December 31,2020 | ​ | S.A. | ​ | S.A. | ​ | S.A. | ​ | S.A. | ​ | S.A. | ​ | Central S.A.
Total current assets |  | 65,077,621 |  | 6,212,726 |  | 44,658,550 |  | 21,175,722 |  | 3,798,228 |  | 15,600,566
Total non-current assets |  | 140,891,069 |  | 8,247,288 |  | 226,241,150 |  | 14,306,662 |  | 7,297,306 |  | 18,205,899
Total current liabilities |  | 56,982,545 |  | 2,733,092 |  | 24,337,015 |  | 11,812,384 |  | 3,897,100 |  | 13,908,411
Total non-current liabilities |  | 10,226,241 |  | 491,364 |  | 14,399,594 |  | 307,146 |  | 1,490,904 |  | 7,064,568
Net sales |  | 309,936,060 |  | 15,148,572 |  | 157,152,584 |  | 42,955,659 |  | 12,929,160 |  | 62,267,424
Net Income |  | 13,386,097 |  | 1,168,507 |  | 36,482,572 |  | 815,053 |  | 325,700 |  | (174,313)
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | 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
Schedule of earnings per share | ​
​ | ​ | ​ | ​ | ​
Earnings per share | ​ | 12.31.2021
​ |  | SERIES A |  | SERIES B
Earnings attributable to shareholders (ThCh$) |  | 73,666,409 | ​ | 81,031,741
Average weighted number of shares |  | 473,289,301 | ​ | 473,281,303
Earnings per share (in CLP) |  | 155.65 | ​ | 171.21
​
​ | ​ | ​ | ​ | ​
Earnings per share | ​ | 12.31.2020
​ |  | SERIES A |  | SERIES B
Earnings attributable to shareholders (ThCh$) |  | 58,095,636 | ​ | 63,904,169
Average weighted number of shares |  | 473,289,301 | ​ | 473,281,303
Earnings per share (in CLP) |  | 122.75 | ​ | 135.02
​
​ | ​ | ​ | ​ | ​
Earnings per share |  | 12.31.2019
​ |  | SERIES A |  | SERIES B
Earnings attributable to shareholders (ThCh$) | ​ | 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

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