EX-5 6 bal.htm EXHIBIT 5: BALANCE

Exhibit 5: Balance Sheet
		Ch$ millions				US$ millions (1)				%
		30-Sep-05	30-Sep-04			30-Sep-05	30-Sep-04			Change
ASSETS
Cash & equivalents		54,450	49,634			102.9	93.8			9.7%
Other current assets		165,807	135,898			313.3	256.8			22.0%
Total current assets		220,257	185,532			416.2	350.6			18.7%
PP&E, net		318,848	318,021			602.5	600.9			0.3%
Other assets		82,441	67,014			155.8	126.6			23.0%
TOTAL ASSETS		621,547	570,567			1,174.5	1,078.2			8.9%
LIABILITIES &
STOCKHOLDERS' EQUITY
Short-term debt (2)		17,936	31,186			33.9	58.9			-42.5%
Other current liabilities		80,053	68,516			151.3	129.5			16.8%
Total current liabilities		97,989	99,702			185.2	188.4			-1.7%
Long-term debt (2)		137,893	97,181			260.6	183.6			41.9%
Other long-term liabilities		35,700	35,378			67.5	66.9			0.9%
Total long-term liabilities		173,593	132,558			328.0	250.5			31.0%
Minority interest		40,923	40,406			77.3	76.4			1.3%
Stockholders' equity		309,041	297,901			584.0	562.9			3.7%
TOTAL LIABILITIES &
STOCKHOLDERS' EQUITY		621,547	570,567			1,174.5	1,078.2			8.9%
OTHER FINANCIAL INFORMATION
Total financial debt		155,829	128,367			294.5	242.6			21.4%
Net debt (3)		101,380	78,733			191.6	148.8			28.8%
Liquidity ratio		2.25	1.86
Debt / Capitalization		0.31	0.28
(1) Exchange rate: US$1.00 = Ch$529.20
(2) Includes only financial debt
(3) Total financial debt minus cash & equivalents