EX-3 5 exh3.htm EXHIBIT 3: BALANCE

Exhibit 3: Balance Sheet
		Ch$ millions				US$ millions (1)
		31-mar-2009	31-mar-2008			31-mar-2009	mar-31-2008			% Change
ASSETS
Cash & equivalents		66.162	139.609			113,4	239,4			-52,6%
Other current assets		299.673	215.174			513,8	368,9			39,3%
Total current assets		365.834	354.783			627,2	608,3			3,1%
PP&E, net		502.602	414.099			861,7	710,0			21,4%
Other assets		164.588	104.359			282,2	178,9			57,7%
TOTAL ASSETS		1.033.024	873.241			1.771,1	1.497,2			18,3%
LIABILITIES &
STOCKHOLDERS' EQUITY
Short-term debt (2)		80.839	7.401			138,6	12,7			992,2%
Other current liabilities		153.340	129.355			262,9	221,8			18,5%
Total current liabilities		234.179	136.757			401,5	234,5			71,2%
Long-term debt (2)		153.990	161.406			264,0	276,7			-4,6%
Other long-term liabilities		43.429	67.008			74,5	114,9			-35,2%
Total long-term liabilities		197.419	228.414			338,5	391,6			-13,6%
Minority interest		91.382	57.144			156,7	98,0			59,9%
Stockholders' equity		510.044	450.926			874,5	773,1			13,1%
TOTAL LIABILITIES &
STOCKHOLDERS' EQUITY		1.033.024	873.241			1.771,1	1.497,2			18,3%
OTHER FINANCIAL INFORMATION
Cash & equivalents plus
other liquid assets		66.162	139.609			113,4	239,4			-52,6%
Total financial debt		234.829	168.807			402,6	289,4			39,1%
Net debt (3)		168.667	29.198			289,2	50,1			477,7%
Liquidity ratio		1,56	2,59
Debt / Capitalization		0,28	0,25
(1) Exchange rate: US$1.00 = Ch$583.26
(2) Includes only financial debt
(3) Total financial debt minus cash & equivalents plus other liquid assets

728: