EX-3 8 exhibitc.htm Q2 SEGMENT INFORMATION

exhibitc

	Compania Cervecerias Unidas S.A.
	Exhibit 3: Segment Information - Second Quarter 2002
			Beer - Chile			Beer - Argentina			Soft Drinks & Min Water			Wine			Others
			2002	2001		2002	2001		2002	2001		2002	2001		2002	2001
	OPERATING RESULTS
	(all figures in Ch$ millions)
	Revenues
	Core products		22,043	22,849		3,647	8,875		21,379	22,295		19,432	18,066		43	33
	Other products *		392	411		126	615		205	106		146	69		2,635	2,743
	Total		22,435	23,260		3,773	9,490		21,584	22,401		19,578	18,136		2,677	2,776
	% Change		-3.5%			-60.2%			-3.6%			8.0%			-3.6%
	Cost of sales		(11,469)	(11,605)		(3,800)	(5,465)		(10,991)	(11,152)		(11,805)	(11,385)		(2,070)	(1,918)
	% of Sales		51.1%	49.9%		100.7%	57.6%		50.9%	49.8%		60.3%	62.8%		77.3%	69.1%
	SG&A		(9,919)	(10,284)		(3,935)	(7,216)		(10,469)	(11,007)		(4,429)	(3,887)		(242)	(361)
	% of Sales		44.2%	44.2%		104.3%	76.0%		48.5%	49.1%		22.6%	21.4%		9.0%	13.0%
	Operating profit		1,047	1,371		(3,962)	(3,192)		124	242		3,345	2,864		366	497
	% of Sales		4.7%	5.9%		-105.0%	-33.6%		0.6%	1.1%		17.1%	15.8%		13.7%	17.9%
	Depreciation		4,299	3,884		2,438	2,511		2,732	2,616		516	447		329	304
	Amortization		114	105		129	112		40	38		61	55		1	1
	EBITDA		5,459	5,360		(1,395)	(569)		2,895	2,896		3,922	3,366		696	801
	* The "Other products" line corresponds to intercompany sales in the "Other" segment.
			Beer - Chile			Beer - Argentina*			Soft Drinks & Min Water			Wine
			2002	2001		2002	2001		2002	2001		2002	2001
	VOLUMES & PRICING
									Total**			Total
	Volume (HLs)		606,599	631,945		261,828	253,790		816,874	850,547		252,659	218,677
	% Change		-4.0%			3.2%			-4.0%			15.5%			Beer - Argentina (Argentinean GAAP)
																	2002	2001
									Soft Drinks			Domestic			OPERATING RESULTS
									627,010	678,756		124,710	103,770		(all figures in A$ thousand)
									-7.6%			20.2%			Revenues
															Core products		18,748	24,684
									Nectars			Export			Other products		307	686
									64,695	51,769		127,949	114,907		Total		19,056	25,370
									25.0%			11.3%			% Change		-24.9%
									Mineral Water
									125,168	120,023					Cost of sales		(14,695)	(16,765)
									4.3%						% of Sales		77.1%	66.1%
	* Volumes include exports of 2,465 (1,849 to Chile) and 12,196 (10,632 to Chile) hectoliters in Q2'02 and Q2'01 respectively.
	** In unit cases, sales from the soft drinks and mineral water segment totaled 14,385 million and 14,978 million in Q2'02 & Q2'01 respectively.														SG&A		(15,797)	(19,584)
															% of Sales		82.9%	77.2%
									Total			Total
	Price (Ch$ / HL)		36,338	36,157		13,930	34,968		26,172	26,213		76,910	82,619		Operating profit		(11,211)	(10,467)
	% Change (real)		0.5%			-60.2%			-0.2%			-6.9%			% of Sales		58.8%	41.3%
									Soft Drinks			Domestic			Depreciation		8,473	8,512
									26,068	26,017		48,346	54,247		Amortization		147	147
									0.2%			-10.9%			EBITDA		(2,591)	(1,808)
									Nectars			Export
									37,021	37,118		104,750	108,237
									-0.3%			-3.2%
									Mineral Water
									21,584	22,559
									-4.3%