EX-2 4 exh2.htm EXHIBIT 2:SEGMENT INFORMATION (FIRST QUARTER 2006)

exh2

exhibit2

	Exhibit 2: Segment Information - First Quarter 2006
			Beer - Chile			Beer - Argentina			Soft Drinks & Min Water			Wine			Pisco			Others
			2006	2005		2006	2005		2006	2005		2006	2005		2006	2005		2006	2005
	OPERATING RESULTS
	(all figures in Ch$ millions)
	Revenues
	Core products		60,054	54,952		15,068	15,211		39,653	36,587		14,582	16,260		5,600	2,158		2,299	1,945
	Other products		759	629		26	128		154	148		1,022	1,564		66	14		0	0
	Total		60,813	55,581		15,094	15,339		39,806	36,734		15,604	17,824		5,666	2,172		2,299	1,945
	% change		9.4%			-1.6%			8.4%			-12.5%			160.9%			18.2%
	Cost of sales		(20,303)	(19,037)		(6,697)	(7,344)		(18,375)	(17,482)		(11,346)	(12,192)		(3,402)	(1,662)		(1,180)	(773)
	% of sales		33.4%	34.3%		44.4%	47.9%		46.2%	47.6%		72.7%	68.4%		60.0%	76.5%		51.3%	39.8%
	SG&A		(20,448)	(17,818)		(6,436)	(6,116)		(16,774)	(14,627)		(5,117)	(5,132)		(2,136)	(1,418)		(261)	(285)
	% of sales		33.6%	32.1%		42.6%	39.9%		42.1%	39.8%		32.8%	28.8%		37.7%	65.3%		11.3%	14.7%
	Operating profit		20,062	18,727		1,961	1,879		4,657	4,625		(858)	500		128	(908)		858	887
	% change		7.1%			4.4%			0.7%			NM						-3.2%
	% of sales		33.0%	33.7%		13.0%	12.2%		11.7%	12.6%		-5.5%	2.8%		2.3%	-41.8%		37.3%	45.6%
	Depreciation		4,568	4,735		1,361	1,435		2,502	2,592		1,171	1,121		233	52		309	279
	Amortization		1	1		40	46		0	1		91	91		4	0		0	0
	EBITDA		24,630	23,463		3,362	3,360		7,160	7,218		403	1,712		365	(856)		1,167	1,166
	% change		5.0%			0.1%			-0.8%			-76.5%			NM			0.1%
	% of sales		40.5%	42.2%		22.3%	21.9%		18.0%	19.7%		2.6%	9.6%		6.4%	-39.4%		50.8%	60.0%
			Beer - Chile			Beer - Argentina*			Soft Drinks & Min Water			Wine***			Pisco
			2006	2005		2006	2005		2006	2005		2006	2005		2006	2005
	VOLUMES & PRICING
									Total**			Total
	Volume (HLs)		1,370,089	1,267,623		673,006	665,868		1,411,958	1,324,975		171,964	187,368		35,422	23,802
	% change		8.1%			1.1%			6.6%			-8.2%			48.8%
									Soft Drinks			Chile - Domestic
									918,304	918,098		91,266	105,900
									0.0%			-13.8%
									Nectars			Chile Bottled Exports
									117,583	97,790		74,331	74,602
									20.2%			-0.4%
									Mineral Water
									376,071	309,087		Argentina
									21.7%			6,367	6,866
												-7.3%
	* Volumes include exports of 18,410 HL (6,990 HL to Chile) and 16,411 HL (11,832 HL to Chile) in Q1'06 and Q1'05 respectively.
	** In unit cases, sales from the soft drink and mineral water segment totaled 24.9 million and 23.3 million in Q1'06 and Q1'05, respectively.
	*** Volumes do not include bulk volumes of 17,360 HL (13,820 HL from Chile exports and 3,540 HL from Argentina) and 39,488 HL (23,978 HL from Chile exports and 15,510 HL from Argentina ) in Q1'06 and Q1'05 respectively.
										Total			Total
	Price (Ch$ / HL)		43,832	43,350		22,389	22,844		28,083	27,613		84,799	86,782		158,092	123,674
	% change (real)		1.1%			-2.0%			1.7%			-2.3%			27.8%
									Soft Drinks			Chile - Domestic
									27,630	27,736		60,072	60,000
									-0.4%			0.1%
									Nectars			Chile Bottled Exports
									41,788	42,715		113,569	122,290
									-2.2%			-7.1%
									Mineral Water
									24,904	22,469		Argentina
									10.8%			103,362	114,057
	Price for 2005 includes only Pisconor sale volumes											-9.4%

Última actualización 5/8/2006
Por mgili