EX-5 6 exh5.htm EXHIBIT 5: BALANCE

Exhibit 5: Balance Sheet
		Ch$ millions				US$ millions (1)				%
		31-Dec-06	31-Dec-05			31-Dec-06	31-Dec-05			Change
ASSETS
Cash & equivalents		69,349	70,939			130.3	133.2			-2.2%
Other current assets		194,506	175,009			365.3	328.7			11.1%
Total current assets		263,855	245,947			495.6	462.0			7.3%
PP&E, net		341,372	327,209			641.2	614.6			4.3%
Other assets		97,180	83,857			182.5	157.5			15.9%
TOTAL ASSETS		702,407	657,014			1,319.3	1,234.1			6.9%
LIABILITIES &
STOCKHOLDERS' EQUITY
Short-term debt (2)		29,200	11,212			54.8	21.1			160.4%
Other current liabilities		117,366	100,095			220.5	188.0			17.3%
Total current liabilities		146,566	111,307			275.3	209.1			31.7%
Long-term debt (2)		117,352	138,559			220.4	260.3			-15.3%
Other long-term liabilities		47,138	40,203			88.5	75.5			17.3%
Total long-term liabilities		164,490	178,761			309.0	335.8			-8.0%
Minority interest		42,124	41,215			79.1	77.4			2.2%
Stockholders' equity		349,228	325,730			656.0	611.8			7.2%
TOTAL LIABILITIES &
STOCKHOLDERS' EQUITY		702,407	657,014			1,319.3	1,234.1			6.9%
OTHER FINANCIAL INFORMATION
Total financial debt		146,551	149,771			275.3	281.3			-2.1%
Net debt (3)		77,202	78,832			145.0	148.1			-2.1%
Liquidity ratio		1.80	2.21
Debt / Capitalization		0.27	0.29
(1) Exchange rate: US$1.00 = Ch$532.39
(2) Includes only financial debt
(3) Total financial debt minus cash & equivalents