EX-5 6 exhibit5.htm EXHIBIT 5: BALANCE

Exhibit 5: Balance Sheet
		Ch$ millions				US$ millions (1)				%
		30-June-08	30-June-07			30-June-08	30-June-07			Change
ASSETS
Cash & equivalents		42.579	44.958			80,9	85,5			-5,3%
Other current assets		223.659	193.327			425,2	367,5			15,7%
Total current assets		266.238	238.285			506,1	453,0			11,7%
PP&E, net		433.937	383.787			824,9	729,6			13,1%
Other assets		139.058	111.540			264,3	212,0			24,7%
TOTAL ASSETS		839.233	733.612			1.595,3	1.394,6			14,4%
LIABILITIES &
STOCKHOLDERS' EQUITY
Short-term debt (2)		11.486	14.314			21,8	27,2			-19,8%
Other current liabilities		112.701	94.956			214,2	180,5			18,7%
Total current liabilities		124.187	109.270			236,1	207,7			13,7%
Long-term debt (2)		169.371	126.515			322,0	240,5			33,9%
Other long-term liabilities		55.144	50.863			104,8	96,7			8,4%
Total long-term liabilities		224.514	177.378			426,8	337,2			26,6%
Minority interest		55.616	54.094			105,7	102,8			2,8%
Stockholders' equity		434.916	392.869			826,8	746,8			10,7%
TOTAL LIABILITIES &
STOCKHOLDERS' EQUITY		839.233	733.612			1.595,3	1.394,6			14,4%
OTHER FINANCIAL INFORMATION
Total financial debt		180.857	140.829			343,8	267,7			28,4%
Net debt (3)		138.278	95.871			262,9	182,2			44,2%
Liquidity ratio		2,14	2,18
Debt / Capitalization		0,27	0,24
(1) Exchange rate: US$1.00 = Ch$526.05
(2) Includes only financial debt
(3) Total financial debt minus cash & equivalents