EX-3 5 ex3.htm EXHIBIT 3: SEGMENT INFORMATION (SECOND QUARTER 2007)

Exhibit 3: Segment Information - Second Quarter 2007
		Beer - Chile			Beer - Argentina			Soft Drinks & Min Water			Wine			Spirits			Others
		2007	2006		2007	2006*		2007	2006		2007	2006		2007	2006		2007	2006
OPERATING RESULTS
(all figures in Ch$ millions)
Revenues
Core products		41.716	39.436		11.994	10.132		32.393	30.981		20.055	19.585		9.081	8.305		2.630	2.549
Other products		832	890		72	-81		188	177		1.875	1.299		100	71		0	0
Total		42.548	40.325		12.066	10.051		32.581	31.158		21.930	20.884		9.181	8.376		2.630	2.549
% change		5,5%			20,0%			4,6%			5,0%			9,6%			3,2%
Cost of sales		(18.442)	(17.378)		(7.094)	(5.774)		(16.031)	(16.065)		(13.457)	(14.947)		(5.146)	(5.243)		(2.236)	(1.865)
% of sales		43,3%	43,1%		58,8%	57,4%		49,2%	51,6%		61,4%	71,6%		56,0%	62,6%		85,0%	73,2%
SG&A		(16.934)	(16.630)		(6.038)	(5.579)		(14.912)	(14.474)		(6.714)	(5.416)		(3.517)	(3.571)		(430)	(631)
% of sales		39,8%	41,2%		50,0%	55,5%		45,8%	46,5%		30,6%	25,9%		38,3%	42,6%		16,3%	24,7%
Operating profit		7.172	6.318		(1.066)	(1.302)		1.638	619		1.759	521		519	(438)		(36)	53
% change		13,5%			-18,1%			164,7%			237,7%			NM			NM
% of sales		16,9%	15,7%		-8,8%	-13,0%		5,0%	2,0%		8,0%	2,5%		5,6%	-5,2%		-1,4%	2,1%
Depreciation		4.740	4.732		1.403	1.483		2.411	2.613		1.391	1.315		384	246		391	317
Amortization		5	(0)		37	42		0	(0)		94	94		6	31		0	(0)
EBITDA		11.917	11.050		374	223		4.049	3.232		3.245	1.930		909	(161)		355	370
% change		7,8%			67,5%			25,3%			68,1%			NM			-4,1%
% of sales		28,0%	27,4%		3,1%	2,2%		12,4%	10,4%		14,8%	9,2%		9,9%	-1,9%		13,5%	14,5%
* Other products revenues are explained by the reverse of bottle sales.
		Beer - Chile			Beer - Argentina*			Soft Drinks & Min Water			Wine***			Spirits
		2007	2006		2007	2006		2007	2006		2007	2006		2007	2006
VOLUMES & PRICING
								Total**			Total			Total
Volume (HLs)		881.170	865.119		502.084	415.767		1.066.219	1.067.122		237.301	230.855		51.963	50.112
% change		1,9%			20,8%			-0,1%			2,8%			3,7%
								Soft Drinks			Chile - Domestic
								721.460	729.187		125.666	120.730
								-1,1%			4,1%
								Nectars			Chile Bottled Exports
								157.380	129.034		98.595	98.482
								22,0%			0,1%
								Mineral Water
								187.379	208.900		Argentina
								-10,3%			13.040	11.644
											12,0%
* Volumes include exports of 38,321 HL (14,286 HL to Chile) and 13,107 HL (7,830 HL to Chile) in Q2'07 and Q2'06 respectively.
** In unit cases, sales from the soft drinks and mineral water segment totaled 18.8 million and 18.8 million in Q2'07 and Q2'06 respectively.
*** Volumes do not include bulk volumes of 36,867 HL (30,437 HL from Chile exports and 6,430 HL from Argentina) and 19,519 HL (18,139 HL from Chile exports and 1,380 HL from Argentina) in Q2'07 and Q2'06 respectively.
									Total			Total
Price (Ch$ / HL)		47.341	45.584		23.888	24.369		30.381	29.032		84.514	84.836		174.767	165.730
% change (real)		3,9%			-2,0%			4,6%			-0,4%			5,5%
								Soft Drinks			Chile - Domestic
								29.202	27.773		53.444	59.230
								5,1%			-9,8%
								Nectars			Chile Bottled Exports
								41.996	41.971		119.515	113.072
								0,1%			5,7%
								Mineral Water
								25.164	25.433		Argentina
								-1,1%			119.291	111.520
											7,0%