EX-3 5 ex3.htm EXHIBIT 3: SEGMENT INFORMATION (THIRD QUARTER 2006)

Exhibit 3: Segment Information - Third 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		45,073	38,066		11,778	8,058		33,227	30,785		20,381	24,540		10,025	9,371		2,452	2,120
Other products		788	616		177	16		176	112		1,060	1,657		100	-79		0	0
Total		45,861	38,682		11,955	8,074		33,404	30,897		21,441	26,197		10,125	9,292		2,452	2,120
% change		18.6%			48.1%			8.1%			-18.2%			9.0%			15.7%
Cost of sales		(18,348)	(14,961)		(5,957)	(4,308)		(16,603)	(14,148)		(14,014)	(18,627)		(6,127)	(6,669)		(1,514)	(1,320)
% of sales		40.0%	38.7%		49.8%	53.4%		49.7%	45.8%		65.4%	71.1%		60.5%	71.8%		61.7%	62.3%
SG&A		(17,402)	(16,513)		(5,552)	(3,952)		(14,967)	(14,470)		(5,710)	(6,531)		(3,503)	(3,155)		(541)	(445)
% of sales		37.9%	42.7%		46.4%	48.9%		44.8%	46.8%		26.6%	24.9%		34.6%	33.9%		22.1%	21.0%
Operating profit		10,112	7,208		446	(186)		1,834	2,279		1,718	1,039		495	(531)		398	355
% change		40.3%			NM			-19.5%			65.4%			NM			12.0%
% of sales		22.0%	18.6%		3.7%	-2.3%		5.5%	7.4%		8.0%	4.0%		4.9%	-5.7%		16.2%	16.8%
Depreciation		4,467	4,957		1,391	1,037		2,465	2,669		1,263	1,111		270	246		321	274
Amortization		(0)	1		36	32		(0)	1		93	93		6	0		(0)	0
EBITDA		14,579	12,166		1,873	883		4,299	4,949		3,074	2,243		771	(285)		719	630
% change		19.8%			112.1%			-13.1%			37.0%			NM			14.2%
% of sales		31.8%	31.5%		15.7%	10.9%		12.9%	16.0%		14.3%	8.6%		7.6%	-3.1%		29.3%	29.7%
		Beer - Chile			Beer - Argentina*			Soft Drinks & Min Water			Wine***			Pisco
		2006	2005		2006	2005		2006	2005		2006	2005		2006	2005
VOLUMES & PRICING
								Total**			Total			Total
Volume (HLs)		976,138	799,226		509,899	459,684		1,151,725	1,019,612		248,296	284,161		61,708	65,834
% change		22.1%			10.9%			13.0%			-12.6%			-6.3%
								Soft Drinks			Chile - Domestic
								789,231	692,501		138,465	160,440
								14.0%			-13.7%
								Nectars			Chile - Bottled Exports
								141,846	117,285		97,542	112,256
								20.9%			-13.1%
								Mineral Water
								220,647	209,826		Argentina
								5.2%			12,288	11,465
											7.2%
* Volumes include exports of 18,854 HL (10,948 HL to Chile) and 11,475 HL (7,588 HL to Chile) in Q3'06 and Q3'05, respectively.
** In unit cases, sales from the soft drinks and mineral water segment totaled 20.3 million and 18.0 million in Q3'06 and Q3'05, respectively.
*** Volumes do not include bulk volumes of 18,940 HL (13,210 HL from Chile exports and 5,730 HL from Argentina) and 33,244 HL (30,871 HL from Chile exports and 2,374 HL from Argentina) in Q3'06 and Q3'05, respectively.
									Total			Total
Price (Ch$ / HL)		46,175	47,628		23,099	17,530		28,850	30,193		82,085	86,359		162,466	142,347
% change (real)		-3.1%			31.8%			-4.4%			-4.9%			14.1%
								Soft Drinks			Chile - Domestic
								27,836	29,117		55,840	62,689
								-4.4%			-10.9%
								Nectars			Chile - Bottled Exports
								40,690	42,622		117,630	120,253
								-4.5%			-2.2%
								Mineral Water
								24,864	26,798		Argentina
								-7.2%			95,670	85,719
											11.6%