EX-4 5 exh4.htm EXHIBIT 4: SEGMENT INFORMATION (FULL YEAR 2006)

Exhibit 4: Segment Information - Twelve Months Ended December 31, 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		214,587	189,853		57,277	47,361		149,750	137,899		71,965	79,618		33,216	28,792		10,061	8,914
Other products		3,073	2,535		529	356		718	559		4,281	6,142		340	352		0	0
Total		217,660	192,388		57,807	47,717		150,467	138,458		76,246	85,760		33,557	29,143		10,061	8,914
% change		13.1%			21.1%			8.7%			-11.1%			15.1%			12.9%
Cost of sales		(80,741)	(68,573)		(28,096)	(22,459)		(71,966)	(65,375)		(52,709)	(59,810)		(20,055)	(19,778)		(6,322)	(4,664)
% of sales		37.1%	35.6%		48.6%	47.1%		47.8%	47.2%		69.1%	69.7%		59.8%	67.9%		62.8%	52.3%
SG&A		(76,895)	(72,885)		(25,896)	(22,825)		(66,376)	(61,567)		(22,348)	(24,242)		(12,788)	(10,891)		(1,912)	(1,446)
% of sales		35.3%	37.9%		44.8%	47.8%		44.1%	44.5%		29.3%	28.3%		38.1%	37.4%		19.0%	16.2%
Operating profit		60,024	50,931		3,814	2,432		12,125	11,516		1,189	1,709		713	(1,525)		1,827	2,804
% change		17.9%			56.8%			5.3%			-30.4%			NM			-34.8%
% of sales		27.6%	26.5%		6.6%	5.1%		8.1%	8.3%		1.6%	2.0%		2.1%	-5.2%		18.2%	31.5%
Depreciation		18,471	19,412		5,682	5,018		9,934	10,487		5,079	4,595		1,074	839		1,253	1,094
Amortization		4	14		156	157		0	10		371	375		46	2		0	1
EBITDA		78,498	70,356		9,652	7,607		22,059	22,013		6,639	6,678		1,833	(684)		3,080	3,899
% change		11.6%			26.9%			0.2%			-0.6%			NM			-21.0%
% of sales		36.1%	36.6%		16.7%	15.9%		14.7%	15.9%		8.7%	7.8%		5.5%	-2.3%		30.6%	43.7%
		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)		4,708,466	4,169,646		2,444,275	2,269,028		5,182,688	4,741,595		863,481	924,918		204,681	202,681
% change		12.9%			7.7%			9.3%			-6.6%			1.0%
								Soft Drinks			Chile - Domestic
								3,466,424	3,225,602		463,276	524,640
								7.5%			-11.7%
								Nectars			Chile - Bottled Exports
								547,525	444,739		359,754	364,697
								23.1%			-1.4%
								Mineral Water
								1,168,739	1,071,254		Argentina
								9.1%			40,452	35,581
											13.7%
* Volumes include exports of 110,079 HL (42,701 HL to Chile) and 66,545 HL (44,110 HL to Chile) in 2006 and 2005, respectively.
** In unit cases, sales from the soft drink and mineral water segment totaled 91.3 million and 83.5 million in 2006 and 2005, respectively.
*** Volumes do not include bulk volumes of 78,617 HL (60,776 HL from Chile exports and 17,841 HL from Argentina) and 124,638 HL (102,312 HL from Chile exports and 2,400 HL from Argentina) in 2006 and 2005, respectively.
								Total			Total
Price (Ch$ / HL)		45,575	45,532		23,433	20,873		28,894	29,083		83,343	86,081		162,282	142,054
% change (real)		0.1%			12.3%			-0.6%			-3.2%			14.2%
								Soft Drinks			Chile - Domestic
								28,085	28,488		57,026	62,216
								-1.4%			-8.3%
								Nectars			Chile - Bottled Exports
								41,546	42,734		115,138	119,641
								-2.8%			-3.8%
								Mineral Water
								25,366	25,206		Argentina
								0.6%			101,981	93,990
											8.5%