EX-4 6 ex4.htm EXHIBIT 4: SEGMENT INFORMATION (FIRST HALF 2007)

Exhibit 4: Segment Information - Six Months Ended June 30, 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		110.228	102.098		31.811	25.854		77.940	72.355		36.496	34.801		15.816	14.148		5.154	4.947
Other products		1.794	1.682		238	-54		473	338		3.170	2.365		181	140		0	0
Total		112.022	103.780		32.049	25.800		78.413	72.693		39.666	37.166		15.997	14.288		5.154	4.947
% change		7,9%			24,2%			7,9%			6,7%			12,0%			4,2%
Cost of sales		(42.495)	(38.563)		(16.290)	(12.762)		(37.150)	(35.238)		(25.206)	(26.786)		(8.999)	(8.792)		(3.732)	(3.096)
% of sales		37,9%	37,2%		50,8%	49,5%		47,4%	48,5%		63,5%	72,1%		56,3%	61,5%		72,4%	62,6%
SG&A		(37.756)	(37.966)		(13.984)	(12.294)		(33.125)	(31.977)		(12.318)	(10.755)		(6.073)	(5.800)		(790)	(903)
% of sales		33,7%	36,6%		43,6%	47,7%		42,2%	44,0%		31,1%	28,9%		38,0%	40,6%		15,3%	18,2%
Operating profit		31.772	27.251		1.775	744		8.138	5.478		2.142	(375)		925	(304)		633	948
% change		16,6%			138,5%			48,6%			NM			NM			-33,3%
% of sales		28,4%	26,3%		5,5%	2,9%		10,4%	7,5%		5,4%	-1,0%		5,8%	-2,1%		12,3%	19,2%
Depreciation		9.381	9.498		2.900	2.908		4.772	5.224		2.693	2.531		753	489		767	639
Amortization		9	1		76	83		0	1		189	189		13	34		0	0
EBITDA		41.163	36.750		4.752	3.735		12.911	10.703		5.024	2.346		1.691	219		1.400	1.587
% change		12,0%			27,2%			20,6%			114,2%			670,9%			-11,8%
% of sales		36,7%	35,4%		14,8%	14,5%		16,5%	14,7%		12,7%	6,3%		10,6%	1,5%		27,2%	32,1%
* 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)		2.332.654	2.235.212		1.265.733	1.088.774		2.578.515	2.479.079		426.931	402.818		91.489	85.537
% change		4,4%			16,3%			4,0%			6,0%			7,0%
								Soft Drinks			Chile - Domestic
								1.706.009	1.647.292		222.380	211.995
								3,6%			4,9%
								Nectars			Chile Bottled Exports
								311.579	246.617		181.842	172.813
								26,3%			5,2%
								Mineral Water
								560.926	585.170		Argentina
								-4,1%			22.709	18.010
											26,1%
* Volumes include exports of 86,287 HL (27,253 HL to Chile) and 31,517 HL (14,820 HL to Chile) in 2007 and 2006 respectively.
** In unit cases, sales from the soft drink and mineral water segment totaled 45.4 million and 43.7 million in 2007 and 2006, respectively.
*** Volumes do not include bulk volumes of 63,377 HL (49,777 HL from Chile exports and 13,600 HL from Argentina) and 36,880 HL (31,960 HL from Chile exports and 0 HL from Argentina ) in 2007 and 2006 respectively.
								Total			Total
Price (Ch$ / HL)		47.254	45.677		25.133	23.746		30.227	29.186		85.484	86.393		172.872	165.404
% change (real)		3,5%			5,8%			3,6%			-1,1%			4,5%
								Soft Drinks			Chile - Domestic
								29.453	28.368		54.000	60.716
								3,8%			-11,1%
								Nectars			Chile - Export
								42.516	42.749		119.761	115.408
								-0,5%			3,8%
								Mineral Water
								25.752	25.773		Argentina
								-0,1%			119.321	110.223
											8,3%