Accounts and transactions with related parties

12 Months Ended

Dec. 31, 2017

Disclosure of Transactions and outstanding balances for related party [Abstract]

Disclosure Of Transactions And Outstanding Balances For Related Party Explanatory [Text Block]

Note 11 Accounts and transactions with related parties

Transactions between the Company and its subsidiaries occur in the normal course of operations and have been eliminated during the consolidation process.

The amounts indicated as transactions in the following table relate to trade operations with related parties, which are under similar terms than what a third party would get respect to price and payment conditions. There are no uncollectible estimates decreasing accounts receivable or guarantees provided to related parties.

Balances and transactions with related parties consist of the following:

(1)

Business operations agreed upon in Chilean Pesos. Companies not under a current trade account agreement not accrue interest and have payment terms of 30 days.

(2)

Business operations agreed upon in Chilean Pesos. The remaining balance accrues interest at 90-days active bank rate (TAB) plus an annual spread. Interests is paid or charged against the trade current account.

(3)

Business operations in foreign currencies, not covered by a current trade account, that do not accrue interest and have payment terms of 30 days. Balances are presented at the closing exchange rate.

(4)

An agreement between the subsidiary Compañía Pisquera de Chile S.A. with Cooperativa Agrícola Control Pisquero de Elqui y Limarí Ltda. due to differences resulting from the contributions made by the latter. It establishes a 3% annual interest over capital, with annual payments to be made in eight instalments of UF 1,124 each. Beginning February 28, 2007 and UF 9,995 bullet payment at the last contribution date. In accordance with the contract, Cooperativa Agrícola Control Pisquero de Elqui y Limarí Ltda. renewed the contract for a period of nine years. Consequently, the UF 9,995 will be paid in nine equal and successive instalments of UF 1,200 each and a final payment of UF 2,050, beginning on February 28, 2015.

(5)

An agreement of grape supply between the subsidiary Compañía Pisquera de Chile S.A. and Cooperativa Agrícola Control Pisquero de Elqui y Limarí Ltda. These contracts stipulate a 3% annual interest on the capital, with a term of eight years, and annual payments due on May 31, 2018, May 31, 2019 and May 31, 2020.

The transaction schedule includes all the transactions made with related parties.

The detail of the accounts receivable and payable from related parties as of December 31, 2017 and 2016, are detailed as follows:

Accounts receivable from related parties

Current:

Tax ID	Company	Country of origin	Ref.	Relationship	Transaction	Currency	As of December 31, 2017		As of December 31, 2016
							ThCh$		ThCh$
0-E	Bebidas Bolivianas BBO S.A.	Bolivia	(3)	Associate	Sales of products	USD		30,791		42,006
0-E	Central Cervecera de Colombia S.A.S.	Colombia	(3)	Joint venture	Sales of products	USD		9,248		-
0-E	Gráfica Editorial Intersudamericana S.A	Paraguay	(3)	Related to the subsidiary's shareholder	Sales of products	PYG		220		-
0-E	Palermo S.A.	Paraguay	(3)	Related to the subsidiary's shareholder	Sales of products	PYG		8,247		12,310
0-E	Paraguay Soccer S.A.	Paraguay	(3)	Related to the subsidiary's shareholder	Sales of products	PYG		85		-
0-E	Pepsi Cola Panamericana S.R.L.	Perú	(3)	Related to the subsidiary's shareholder	Sales of products	USD		-		1,149
0-E	QSR S.A.	Paraguay	(3)	Related to the subsidiary's shareholder	Sales of products	PYG		410		-
6,062,786-K	Andrónico Luksic Craig	Chile	(1)	Chairman of CCU	Sales of products	CLP		1,207		-
6,372,368-1	Jean Paul Luksic	Chile	(1)	Director of company related to the controller	Sales of products	CLP		464		-
14,534,777-7	Hubert Porte	Chile	(1)	Director of company related to the controller	Sales of products	CLP		2,095		-
76,029,109-9	Inversiones Chile Chico Ltda.	Chile	(1)	Related to the controller's shareholder	Services provided	CLP		2,253		526
76,035,409-0	Cervecera Guayacán SpA.	Chile	(1)	Associate of subsidiary	Sales of products	CLP		80,298		-
76,079,669-7	Minera Antucoya	Chile	(1)	Related to the controller's shareholder	Sales of products	CLP		355		-
76,178,803-5	Viña Tabalí S.A.	Chile	(1)	Related to the controller's shareholder	Services provided	CLP		40,965		10,513
76,481,675-7	Cervecería Szot SpA.	Chile	(1)	Associate of subsidiary	Sales of products	CLP		15,009		-
76,727,040-2	Minera Centinela	Chile	(1)	Related to the controller's shareholder	Sales of products	CLP		781		-
77,051,330-8	Cervecería Kunstmann Ltda.	Chile	(1)	Related to non-controlling subsidiary	Sales of products	CLP		245,385		120,458
77,755,610-K	Comercial Patagona Ltda.	Chile	(1)	Subsidiary of joint venture	Sales of products	CLP		667,195		1,035,566
77,755,610-K	Comercial Patagona Ltda.	Chile	(1)	Subsidiary of joint venture	Services provided	CLP		-		3,215
78,105,460-7	Alimentos Nutrabien S.A.	Chile	(1)	Subsidiary of joint venture	Sales of products	CLP		151		-
78,259,420-6	Inversiones PFI Chile Ltda.	Chile	(1)	Shareholder of subsidiary	Services provided	CLP		2,997,036		-
78,259,420-6	Inversiones PFI Chile Ltda.	Chile	(1)	Shareholder of subsidiary	Sales of products	CLP		402,666		-
78,780,780-1	Operaciones y Servicios Enex Ltda.	Chile	(1)	Related to the controller's shareholder	Sales of products	CLP		-		13,058
81,148,200-5	Ferrocarril de Antofagasta a Bolivia S.A.	Chile	(1)	Related to the controller's shareholder	Sales of products	CLP		3,457		-
81,805,700-8	Cooperativa Agrícola Control Pisquero de Elqui y Limarí Ltda.	Chile	(1)	Shareholder of subsidiary	Advance purchase	CLP		14,393		14,393
81,805,700-8	Cooperativa Agrícola Control Pisquero de Elqui y Limarí Ltda.	Chile	(1)	Shareholder of subsidiary	Sales of products	CLP		-		7,450
81,805,700-8	Cooperativa Agrícola Control Pisquero de Elqui y Limarí Ltda.	Chile	(4)	Shareholder of subsidiary	Loan	UF		31,191		30,542
81,805,700-8	Cooperativa Agrícola Control Pisquero de Elqui y Limarí Ltda.	Chile	(5)	Shareholder of subsidiary	Sales of products	UF		77,929		76,620
90,081,000-8	Compañía Chilena de Fósforos S.A.	Chile	(1)	Shareholder of subsidiary	Sales of products	CLP		2,893		2,575
90,160,000-7	Compañía Sud Americana de Vapores S.A.	Chile	(1)	Related to the controller's shareholder	Sales of products	CLP		165		458
90,703,000-8	Nestlé Chile S.A.	Chile	(1)	Shareholder of subsidiary	Sales of products	CLP		-		14,747
91,021,000-9	Invexans S.A.	Chile	(1)	Related to the controller's shareholder	Sales of products	CLP		3,713		4,552
91,705,000-7	Quiñenco S.A.	Chile	(1)	Controller's Shareholder	Sales of products	CLP		2,759		1,937
92,011,000-2	Empresa Nacional de Energía Enex S.A.	Chile	(1)	Related to the controller's shareholder	Sales of products	CLP		4,341		-
92,048,000-4	SAAM S.A.	Chile	(1)	Related to the controller's shareholder	Sales of products	CLP		83		1,437
93,920,000-2	Antofagasta Minerals S.A.	Chile	(1)	Related to the controller's shareholder	Sales of products	CLP		2,640		3,479
94,625,000-7	Inversiones Enex S.A.	Chile	(1)	Related to the controller's shareholder	Sales of products	CLP		234,880		258,306
96,427,000-7	Inversiones y Rentas S.A.	Chile	(1)	Controller	Sales of products	CLP		3,465		-
96,536,010-7	Inversiones Consolidadas Ltda.	Chile	(1)	Related to the controller	Sales of products	CLP		121		1,513
96,571,220-8	Banchile Corredores de Bolsa S.A.	Chile	(1)	Related to the controller's shareholder	Sales of products	CLP		514		3,096
96,591,040-9	Empresas Carozzi S.A.	Chile	(1)	Shareholder of joint operation	Sales of products	CLP		76,635		76,704
96,645,790-2	Socofin S.A.	Chile	(1)	Related to the controller's shareholder	Sales of products	CLP		2,395		-
96,767,630-6	Banchile Administradora General de Fondos S.A.	Chile	(1)	Related to the controller's shareholder	Sales of products	CLP		67		-
96,790,240-3	Minera Los Pelambres S.A.	Chile	(1)	Related to the controller's shareholder	Sales of products	CLP		659		-
96,819,020-2	Agricola El Cerrito S.A.	Chile	(1)	Related to the controller's shareholder	Sales of products	CLP		-		30
96,847,140-6	Inmobiliaria Norte Verde S.A.	Chile	(1)	Related to the controller's shareholder	Sales of products	CLP		-		30
96,919,980-7	Cervecería Austral S.A.	Chile	(1)	Joint venture	Sales of products	CLP		74,387		255,330
97,004,000-5	Banco de Chile	Chile	(1)	Related to the controller's shareholder	Sales of products	CLP		62,816		120,547
99,542,980-2	Foods Compañía de Alimentos CCU S.A.	Chile	(1)	Joint venture	Sales of products	CLP		16,654		73,511
99,542,980-2	Foods Compañía de Alimentos CCU S.A.	Chile	(1)	Joint venture	Interests	CLP		-		219,835
99,542,980-2	Foods Compañía de Alimentos CCU S.A.	Chile	(1)	Joint venture	Services provided	CLP		680,740		380,242
99,542,980-2	Foods Compañía de Alimentos CCU S.A.	Chile	(2)	Joint venture	Remittanse send	CLP		4,334		750,000
99,542,980-2	Foods Compañía de Alimentos CCU S.A.	Chile	(1)	Joint venture	Rental of plant	CLP		3,774		-
99,542,980-2	Foods Compañía de Alimentos CCU S.A.	Chile	(1)	Joint venture	Rappel	CLP		898		-
Total								5,810,764		3,536,135

Non Current:

Tax ID

Company

Country of
origin

Ref.

Relationship

Transaction

Currency

As of December 31,
2017

As of December 31,
2016

ThCh$

81,805,700-8

Cooperativa Agrícola Control Pisquero de Elqui y Limarí Ltda.

Chile

(4)

Shareholder of subsidiary

Loan

166,928

190,040

81,805,700-8

Cooperativa Agrícola Control Pisquero de Elqui y Limarí Ltda.

Chile

(5)

Shareholder of subsidiary

Sales of products

91,543

166,625

Total

258,471

356,665

Accounts payable to related parties

Current:

Tax ID

Company

Country of
origin

Ref.

Relationship

Transaction

Currency

As of December 31,
2017

As of December 31,
2016

ThCh$

0-E

Amstel Brouwerijen B.V.

Netherlands

(3)

Related to the controller's shareholder

License and technical assistance

Euros

66,583

64,932

0-E

Banco Amambay S.A.

Paraguay

(3)

Related to the subsidiary's shareholder

Commission

PYG

0-E

Banco Amambay S.A.

Paraguay

(3)

Related to the subsidiary's shareholder

Services received

PYG

148

0-E

Bebidas Bolivianas BBO S.A.

Bolivia

(3)

Associate

Recovery of expenses

USD

44,451

0-E

Central Cervecera de Colombia S.A.S.

Colombia

(3)

Joint venture

Recovery of expenses

USD

14,199

0-E

Emprendimientos Hoteleros S.A.E.C.A

Paraguay

(3)

Related to the subsidiary's shareholder

Services received

PYG

8,481

0-E

Gráfica y Editorial Intersuda S.A.

Paraguay

(3)

Related to the subsidiary's shareholder

Purchase of products

PYG

448

1,604

0-E

Heineken Brouwerijen B.V.

Netherlands

(3)

Related to the controller's shareholder

License and technical assistance

Euros

1,349,472

3,344,215

0-E

Heineken Brouwerijen B.V.

Netherlands

(3)

Related to the controller's shareholder

Purchase of products

Euros

787,873

0-E

Heineken Brouwerijen B.V.

Netherlands

(3)

Related to the controller's shareholder

Royalty

USD

2,586,380

0-E

Heineken Brouwerijen B.V.

Netherlands

(3)

Related to the controller's shareholder

Services received

PYG

1,241,991

0-E

Heineken Brouwerijen B.V.

Netherlands

(3)

Related to the controller's shareholder

Services received

USD

1,025

0-E

Societé des Produits Nestlé S.A.

United Kingdom

(3)

Related to the subsidiary's shareholder

Purchase of products

USD

46,572

0-E

Watt's Alimentos S.A.

Paraguay

(3)

Subsidiary related

Purchase of products

USD

92,566

2,196

76,115,132-0

Canal 13 SpA.

Chile

(1)

Related to the controller's shareholder

Services received

CLP

196,805

333,658

76,380,217-5

Hapag-Lloyd Chile SpA.

Chile

(1)

Related to the controller's shareholder

Services received

CLP

54,194

76,481,675-7

Cervecería Szot SpA.

Chile

(1)

Associate of subsidiary

Purchase of products

CLP

17,288

4,930

77,051,330-8

Cervecería Kunstmann Ltda.

Chile

(1)

Shareholder of subsidiary

Purchase of products

CLP

13,733

6,691

77,755,610-K

Comercial Patagona Ltda.

Chile

(1)

Subsidiary of joint venture

Services received

CLP

32,320

37,889

77,755,610-K

Comercial Patagona Ltda.

Chile

(1)

Subsidiary of joint venture

Services received

CLP

74,351

78,105,460-7

Alimentos Nutrabien S.A.

Chile

(1)

Subsidiary of joint venture

Purchase of products

CLP

543

315

78,259,420-6

Inversiones PFI Chile Ltda.

Chile

(1)

Shareholder of subsidiary

Purchase of products

CLP

958,293

846,035

81,805,700-8

Cooperativa Agrícola Control Pisquero de Elqui y Limarí Ltda.

Chile

(1)

Shareholder of subsidiary

Purchase of products

CLP

37,433

41,667

92,011,000-2

Empresa Nacional de Energía Enex S.A.

Chile

(1)

Related to the controller's shareholder

Purchase of products

CLP

139,373

124,255

92,048,000-4

SAAM S.A.

Chile

(1)

Related to the controller's shareholder

Services received

CLP

123

94,058,000-5

Servicios Aeroportuarios Aerosan S.A.

Chile

(1)

Related to the controller's shareholder

Services received

CLP

2,025

94,058,000-5

Servicios Aeroportuarios Aerosan S.A.

Chile

(1)

Related to the controller's shareholder

Services received

CLP

1,273

94,625,000-7

Inversiones Enex S.A.

Chile

(1)

Related to the controller's shareholder

Services received

CLP

96,591,040-9

Empresas Carozzi S.A.

Chile

(1)

Shareholder of joint operation

Purchase of products

CLP

1,595,771

1,930,063

96,689,310-9

Transbank S.A.

Chile

(1)

Related to the controller's shareholder

Commission

CLP

3,462

2,955

96,798,520-1

SAAM Extraportuarios S.A.

Chile

(1)

Related to the controller's shareholder

Services received

CLP

1,971

96,894,740-0

Banchile Factoring S.A.

Chile

(1)

Related to the controller

Services received

CLP

78,591

96,810,030-0

Radiodifusión SpA.

Chile

(1)

Related to the controller's shareholder

Services received

CLP

55,244

19,018

96,908,970-K

San Antonio Terminal Internacional S.A.

Chile

(1)

Related to the controller's shareholder

Services received

CLP

7,541

96,919,980-7

Cervecería Austral S.A.

Chile

(1)

Joint venture

Purchase of products

CLP

1,152,343

1,462,888

96,953,410-K

Artikos Chile S.A.

Chile

(1)

Related to the controller's shareholder

Services received

CLP

137

97,004,000-5

Banco de Chile

Chile

(1)

Related to the controller's shareholder

Services received

CLP

22,730

41,001

99,542,980-2

Foods Compañía de Alimentos CCU S.A.

Chile

(1)

Joint venture

Discount fleet

CLP

143,465

99,542,980-2

Foods Compañía de Alimentos CCU S.A.

Chile

(1)

Joint venture

Purchase of products

CLP

17,406

36,834

99,542,980-2

Foods Compañía de Alimentos CCU S.A.

Chile

(1)

Joint venture

Consignation sales

CLP

233,565

217,689

Total

10,069,043

9,530,071

Most significant transactions and effects on results:

As of December 31, 2017 and 2016 the most significant transactions with related parties that are not subsidiaries of the Company and their effect on the Consolidated Statement of Income are detailed as follows:

					2017				2016
Tax ID	Company	Country of origin	Relationship	Transaction	Amounts		(Charges)/Credits (Effect on Income)		Amounts		(Charges)/Credits (Effect on Income)
					ThCh$		ThCh$		ThCh$		ThCh$
0-E	Americas Distilling Investments	United States	Associate of subsidiary	Capital contribution		1,043,720		-		-		-
0-E	Amstel Brouwerijen B.V.	Netherlands	Related to the controller's shareholder	License and technical assistance		211,740		(211,740)		165,995		(165,995)
0-E	Bebidas Bolivianas BBO S.A.	Bolivia	Associate	Sales of products		425,664		161,752		396,076		150,509
0-E	Bebidas Bolivianas BBO S.A.	Bolivia	Associate	Contribution of capital		-		-		2,174,370		-
0-E	Central Cervecera de Colombia S.A.S.	Colombia	Joint venture	Capital contribution		28,232,532		-		22,943,861		-
0-E	Heineken Brouwerijen B.V.	Netherlands	Related to the controller's shareholder	License and technical assistance		11,051,487		(11,051,487)		9,445,557		(9,445,557)
0-E	Heineken Brouwerijen B.V.	Netherlands	Related to the controller's shareholder	Services received		166,677		(166,677)		82,475		(52,266)
0-E	Heineken Brouwerijen B.V.	Netherlands	Related to the controller's shareholder	Purchase of products		306,553		-		-		-
0-E	Heineken Brouwerijen B.V.	Netherlands	Related to the controller's shareholder	Sales of products		846,179		634,634		161,220		120,915
0-E	Societé des Produits Nestlé S.A.	United Kingdom	Shareholder of subsidiary	Royalty		410,421		(410,421)		432,535		(432,535)
0-E	Zona Franca Central Cervecera S.A.S.	Colombia	Subsidiary of joint venture	Capital contribution		21,080,358		-		-		-
76,079,669-7	Minera Antucoya	Chile	Related to the controller's shareholder	Sales of products		1,501		1,200		-		-
76,115,132-0	Canal 13 SpA.	Chile	Related to the controller's shareholder	Advertising		2,064,067		(2,064,067)		3,427,941		(2,661,759)
76,178,803-5	Viña Tabalí S.A.	Chile	Related to the controller's shareholder	Services provided		85,931		83,931		52,470		52,470
76,313,970-0	Inversiones Irsa Ltda.	Chile	Related to the controller	Dividends paid		4,457,428		-		4,132,618		-
76,553,712-6	Heleservicios S.A.	Chile	Related to the controller	Services received		17,760		(17,760)		-		-
76,727,040-2	Minera Centinela	Chile	Related to the controller's shareholder	Sales of products		5,085		4,068		-		-
77,051,330-8	Cervecería Kunstmann Ltda.	Chile	Subsidiary related	Services received		152,578		(152,578)		83,220		(83,220)
77,051,330-8	Cervecería Kunstmann Ltda.	Chile	Subsidiary related	Sales of products		535,046		428,036		522,566		418,052
77,755,610-K	Comercial Patagona Ltda.	Chile	Subsidiary of joint venture	Services received		355,279		(355,279)		329,258		(329,258)
77,755,610-K	Comercial Patagona Ltda.	Chile	Subsidiary of joint venture	Sales of products		4,807,422		1,971,044		4,259,983		1,746,594
78,259,420-6	Inversiones PFI Chile Ltda.	Chile	Shareholder of subsidiary	Services provided		2,054,840		2,054,840		3,234,158		3,234,158
78,259,420-6	Inversiones PFI Chile Ltda.	Chile	Shareholder of subsidiary	Purchase of products		9,499,942		-		10,083,606		-
78,780,780-1	Operaciones y Servicios Enex Ltda.	Chile	Related to the controller's shareholder	Sales of products		-		-		224,387		183,997
79,985,340-K	Cervecera Valdivia S.A.	Chile	Shareholder of subsidiary	Dividends paid		818,433		-		633,668		-
81,805,700-8	Cooperativa Agrícola Control Pisquero de Elqui y Limarí Ltda.	Chile	Shareholder of subsidiary	Loan		26,359		5,413		28,256		6,815
81,805,700-8	Cooperativa Agrícola Control Pisquero de Elqui y Limarí Ltda.	Chile	Shareholder of subsidiary	Sales of products		-		-		76,619		9,285
81,805,700-8	Cooperativa Agrícola Control Pisquero de Elqui y Limarí Ltda.	Chile	Shareholder of subsidiary	Purchase of grape		4,367,575		-		4,255,971		-
81,805,700-8	Cooperativa Agrícola Control Pisquero de Elqui y Limarí Ltda.	Chile	Shareholder of subsidiary	Sales of products		1,995		1,596		-		-
81,805,700-8	Cooperativa Agrícola Control Pisquero de Elqui y Limarí Ltda.	Chile	Shareholder of subsidiary	Dividends paid		637,313		-		599,123		-
90,081,000-8	Compañía Chilena de Fósforos S.A.	Chile	Shareholder of subsidiary	Dividends paid		979,637		-		1,273,753		-
90,703,000-8	Nestlé Chile S.A.	Chile	Shareholder of subsidiary	Dividends paid		4,158,228		-		3,530,565		-
91,705,000-7	Quiñenco S.A.	Chile	Controller's Shareholder	Sales of products		15,941		12,751		13,984		11,186
92,011,000-2	Empresa Nacional de Energía Enex S.A.	Chile	Related to the controller's shareholder	Billed services		559,042		(559,042)		439,603		(439,603)
93,920,000-2	Antofagasta Minerals S.A.	Chile	Related to the controller's shareholder	Sales of products		28,049		22,158		35,532		28,069
94,625,000-7	Inversiones Enex S.A	Chile	Related to the controller's shareholder	Sales of products		1,445,395		1,127,408		1,161,918		906,296
96,427,000-7	Inversiones y Rentas S.A.	Chile	Controller	Office lease		9,622		9,622		11,463		11,463
96,427,000-7	Inversiones y Rentas S.A.	Chile	Controller	Dividends paid		34,633,542		-		32,109,822		-
96,571,220-8	Banchile Corredores de Bolsa S.A.	Chile	Related to the controller's shareholder	Investments		291,030,000		-		61,400,000		-
96,571,220-8	Banchile Corredores de Bolsa S.A.	Chile	Related to the controller's shareholder	Investment Rescue		299,530,000		720,311		170,500,000		402,369
96,591,040-9	Empresas Carozzi S.A.	Chile	Shareholder of joint operation	Sales of products		-		-		311,666		249,322
96,657,690-7	Inversiones Punta Brava S.A.	Chile	Related to the controller's shareholder	Sales of products		1,150		920		-		-
96,689,310-9	Transbank S.A.	Chile	Related to the controller's shareholder	Commission		77,311		77,311		65,271		(65,271)
96,810,030-0	Radiodifusión SpA.	Chile	Related to the controller's shareholder	Services provided		391,598		(391,598)		-		-
96,919,980-7	Cervecería Austral S.A.	Chile	Joint venture	Dividends received		245,068		-		-		-
96,919,980-7	Cervecería Austral S.A.	Chile	Joint venture	Sales of products		413,117		183,835		62,444		27,788
96,919,980-7	Cervecería Austral S.A.	Chile	Joint venture	Royalty		-		-		429,517		(429,517)
96,919,980-7	Cervecería Austral S.A.	Chile	Joint venture	Purchase of products		8,481,780		-		5,438,419		-
96,919,980-7	Cervecería Austral S.A.	Chile	Joint venture	Services provided		253,473		253,473		234,327		234,327
97,004,000-5	Banco de Chile	Chile	Related to the controller's shareholder	Interests		369,097		(369,097)		529,138		(529,138)
97,004,000-5	Banco de Chile	Chile	Related to the controller's shareholder	Leasing paid		-		-		87,457		2,266
97,004,000-5	Banco de Chile	Chile	Related to the controller's shareholder	Transportation of securities		359,579		(359,579)		282,267		(282,267)
97,004,000-5	Banco de Chile	Chile	Related to the controller's shareholder	Sales of products		47,184		30,669		87,772		48,800
97,004,000-5	Banco de Chile	Chile	Related to the controller's shareholder	Derivatives		63,548,208		5,500,174		35,318,178		2,006,627
97,004,000-5	Banco de Chile	Chile	Related to the controller's shareholder	Investments		-		-		61,400,000		-
97,004,000-5	Banco de Chile	Chile	Related to the controller's shareholder	Interest income		-		-		247,101		247,101
99,542,980-2	Foods Compañía de Alimentos CCU S.A.	Chile	Joint venture	Services provided		153,773		153,773		1,553,943		1,553,943
99,542,980-2	Foods Compañía de Alimentos CCU S.A.	Chile	Joint venture	Remittanse send		717,900		-		750,000		-
99,542,980-2	Foods Compañía de Alimentos CCU S.A.	Chile	Joint venture	Sales of products		126		58		5,973		2,745
99,542,980-2	Foods Compañía de Alimentos CCU S.A.	Chile	Joint venture	Purchase of products		15,329		(15,329)		17,773		(17,773)
99,542,980-2	Foods Compañía de Alimentos CCU S.A.	Chile	Joint venture	Consignation sales		2,804,870		-		5,115,078		-

As of December 31, 2016 and 2015 the most significant transactions with related parties that are not subsidiaries of the Company and their effect on the Consolidated Statement of Income are detailed as follows:

					2016				2015
Tax ID	Company	Country of origin	Relationship	Transaction	Amounts		(Charges)/Credits (Effect on Income)		Amounts		(Charges)/Credits (Effect on Income)
					ThCh$		ThCh$		ThCh$		ThCh$
0-E	Amstel Brouwerijen B.V.	Netherlands	Related to the controller's shareholder	License and technical assistance		165,995		(165,995)		229,967		(229,967)
0-E	Bebidas Bolivianas BBO S.A.	Bolivia	Associate	Sales of products		396,076		150,509		209,292		79,531
0-E	Bebidas Bolivianas BBO S.A.	Bolivia	Associate	Capital contribution		2,174,370		-		1,921,245		-
0-E	Central Cervecera de Colombia S.A.S.	Colombia	Joint venture	Capital contribution		22,943,861		-		19,941,532		-
0-E	Heineken Brouwerijen B.V.	Netherlands	Related to the controller's shareholder	License and technical assistance		9,445,557		(9,445,557)		9,331,241		(9,331,241)
0-E	Heineken Brouwerijen B.V.	Netherlands	Related to the controller's shareholder	Services received		82,475		(52,266)		27,904		(27,904)
0-E	Heineken Brouwerijen B.V.	Netherlands	Related to the controller's shareholder	Purchase of products		-		-		71,107		-
0-E	Heineken Brouwerijen B.V.	Netherlands	Related to the controller's shareholder	Sales of products		161,220		120,915		-		-
0-E	Societé des Produits Nestlé S.A.	United Kingdom	Shareholder of subsidiary	Royalty		432,535		(432,535)		308,527		(308,527)
76,115,132-0	Canal 13 SpA.	Chile	Related to the controller's shareholder	Advertising		3,427,941		(2,661,759)		1,554,332		(405,349)
76,178,803-5	Viña Tabalí S.A.	Chile	Related to the controller's shareholder	Services provided		52,470		52,470		50,787		50,787
76,313,970-0	Inversiones Irsa Ltda.	Chile	Related to the controller	Dividends paid		4,132,618		-		4,089,832		-
77,051,330-8	Cervecería Kunstmann Ltda.	Chile	Related to non-controlling subsidiary	Services received		83,220		(83,220)		77,166		(77,166)
77,051,330-8	Cervecería Kunstmann Ltda.	Chile	Related to non-controlling subsidiary	Sales of products		522,566		418,052		405,652		324,522
77,755,610-K	Comercial Patagona Ltda.	Chile	Subsidiary of joint venture	Services received		329,258		(329,258)		279,401		(279,401)
77,755,610-K	Comercial Patagona Ltda.	Chile	Subsidiary of joint venture	Sales of products		4,259,983		1,746,594		2,679,985		1,098,794
78,259,420-6	Inversiones PFI Chile Ltda.	Chile	Shareholder of subsidiary	Services provided		3,234,158		3,234,158		2,649,644		2,649,644
78,259,420-6	Inversiones PFI Chile Ltda.	Chile	Shareholder of subsidiary	Purchase of products		10,083,606		-		8,692,744		-
78,780,780-1	Operaciones y Servicios Enex Ltda.	Chile	Related to the controller's shareholder	Sales of products		224,387		183,997		328,256		262,605
79,985,340-K	Cervecera Valdivia S.A.	Chile	Shareholder of subsidiary	Dividends paid		633,668		-		489,942		-
81,805,700-8	Cooperativa Agrícola Control Pisquero de Elqui y Limarí Ltda.	Chile	Shareholder of subsidiary	Loan		28,256		6,815		29,589		5,827
81,805,700-8	Cooperativa Agrícola Control Pisquero de Elqui y Limarí Ltda.	Chile	Shareholder of subsidiary	Sales of products		76,619		9,285		74,529		8,487
81,805,700-8	Cooperativa Agrícola Control Pisquero de Elqui y Limarí Ltda.	Chile	Shareholder of subsidiary	Purchase of grape		4,255,971		-		6,226,156		-
81,805,700-8	Cooperativa Agrícola Control Pisquero de Elqui y Limarí Ltda.	Chile	Shareholder of subsidiary	Sales of products		-		-		8,071		6,457
81,805,700-8	Cooperativa Agrícola Control Pisquero de Elqui y Limarí Ltda.	Chile	Shareholder of subsidiary	Dividends paid		599,123		-		791,836		-
81,805,700-8	Cooperativa Agrícola Control Pisquero de Elqui y Limarí Ltda.	Chile	Shareholder of subsidiary	Services provided		-		-		181,437		181,437
89,602,300-4	Csav Austral SpA.	Chile	Shareholder of subsidiary	Services received		-		-		122,991		(122,991)
90,081,000-8	Compañía Chilena de Fósforos S.A.	Chile	Shareholder of subsidiary	Dividends paid		1,273,753		-		4,055,034		-
90,703,000-8	Nestlé Chile S.A.	Chile	Shareholder of subsidiary	Dividends paid		3,530,565		-		2,704,376		-
91,705,000-7	Quiñenco S.A.	Chile	Controller's Shareholder	Sales of products		13,984		11,186		14,509		14,509
92,011,000-2	Empresa Nacional de Energía Enex S.A.	Chile	Related to the controller's shareholder	Billed services		439,603		(439,603)		127,165		(127,165)
93,920,000-2	Antofagasta Minerals S.A.	Chile	Related to the controller's shareholder	Sales of products		35,532		28,069		-		-
94,625,000-7	Inversiones Enex S.A	Chile	Related to the controller's shareholder	Sales of products		1,161,918		906,296		636,707		496,631
96,427,000-7	Inversiones y Rentas S.A.	Chile	Controller	Office lease		11,463		11,463		11,006		11,006
96,427,000-7	Inversiones y Rentas S.A.	Chile	Controller	Dividends paid		32,109,822		-		31,777,378		-
96,571,220-8	Banchile Corredores de Bolsa S.A.	Chile	Related to the controller's shareholder	Investments		61,400,000		-		225,840,000		-
96,571,220-8	Banchile Corredores de Bolsa S.A.	Chile	Related to the controller's shareholder	Investment Rescue		170,500,000		402,369		231,800,000		583,333
96,591,040-9	Empresas Carozzi S.A.	Chile	Shareholder of joint operation	Sales of products		311,666		249,322		-		-
96,689,310-9	Transbank S.A.	Chile	Related to the controller's shareholder	Commission		65,271		(65,271)		45,756		(45,756)
96,919,980-7	Cervecería Austral S.A.	Chile	Joint venture	Sales of products		62,444		27,788		36,560		16,269
96,919,980-7	Cervecería Austral S.A.	Chile	Joint venture	Royalty		429,517		(429,517)		425,164		(425,164)
96,919,980-7	Cervecería Austral S.A.	Chile	Joint venture	Purchase of products		5,438,419		-		4,776,140		-
96,919,980-7	Cervecería Austral S.A.	Chile	Joint venture	Services provided		234,327		234,327		425,165		425,165
97,004,000-5	Banco de Chile	Chile	Related to the controller's shareholder	Leasing paid		87,457		2,266		123,316		(23,901)
97,004,000-5	Banco de Chile	Chile	Related to the controller's shareholder	Interests		529,138		(529,138)		316,411		(316,411)
97,004,000-5	Banco de Chile	Chile	Related to the controller's shareholder	Transportation of securities		282,267		(282,267)		452,384		(452,384)
97,004,000-5	Banco de Chile	Chile	Related to the controller's shareholder	Sales of products		87,772		48,800		39,148		25,446
97,004,000-5	Banco de Chile	Chile	Related to the controller's shareholder	Derivatives		35,318,178		2,006,627		105,973,453		1,708,487
97,004,000-5	Banco de Chile	Chile	Related to the controller's shareholder	Investments		61,400,000		-		204,050,000		-
97,004,000-5	Banco de Chile	Chile	Related to the controller's shareholder	Investment Rescue		61,400,000		247,101		219,500,000		770,364
99,542,980-2	Foods Compañía de Alimentos CCU S.A.	Chile	Joint venture	Services provided		1,553,943		1,553,943		7,633,582		7,633,582
99,542,980-2	Foods Compañía de Alimentos CCU S.A.	Chile	Joint venture	Interests		-		-		287,243		287,243
99,542,980-2	Foods Compañía de Alimentos CCU S.A.	Chile	Joint venture	Remittanse received		-		-		33,298,001		-
99,542,980-2	Foods Compañía de Alimentos CCU S.A.	Chile	Joint venture	Remittanse send		750,000		-		27,189,651		-
99,542,980-2	Foods Compañía de Alimentos CCU S.A.	Chile	Joint venture	Sales of products		5,973		2,745		13,540		6,223
99,542,980-2	Foods Compañía de Alimentos CCU S.A.	Chile	Joint venture	Purchase of products		17,773		(17,773)		30,209		(30,209)
99,542,980-2	Foods Compañía de Alimentos CCU S.A.	Chile	Joint venture	Consignation sales		5,115,078		-		24,067,498		-

Remuneration of the Management key employees

The Company is managed by a Board of Directors comprised of 9 members, each of whom is in office for a 3-year term and may be re-elected.

The Board was appointed at the Ordinary Shareholders´ Meeting held on April 13, 2016, being elected Messrs. Andrónico Luksic Craig, Francisco Pérez Mackenna, Pablo Granifo Lavín, Rodrigo Hinzpeter Kirberg, Marc Busain, Carlos Molina Solís, Didier Debrosse, José Miguel Barros van Hövell tot Westerflier and Vittorio Corbo Lioi, the latter independent according to article 50 bis of Law Nº18,046. The Chairman and the Vice Chairman, as well as the members of the Audit Committee were appointed at the Board of Directors´ meeting held on April 13, 2016. At the same meeting, and according to article 50 bis of Law N° 18,046, the independent Director Mr. Vittorio Corbo Lioi appointed the other members of the Directors Committee, which is composed of Directors Messrs. Pérez, Molina and Corbo. Additionally, Messrs. Corbo and Molina were appointed as members of the Audit Committee, both meeting the independence criteria under the Securities Exchange Act of 1934, the Sarbanes-Oxley Act of 2002 and the New York Stock Exchange Rules. The Board of Directors also resolved that Directors Messrs. Pérez and Barros shall participate in the Audit Committee´s meetings as observers.

At the Ordinary Shareholders´ Meeting held on April 12, 2017 agreed to keep the remuneration of the Directors previously agreed at the Ordinary Shareholders´ Meeting held on April 13, 2016 and the remuneration of the Directors consists on a gross monthly fee for attendance to Board Meetings of UF 100 per Director, and UF 200 for the Chairman, independent of the number of meetings held within such period, plus an amount equivalent to 3% of the distributed dividends, for the whole Board, at a rate of one-ninth for each Director and in proportion to the time each one served as such during the year 2016. If the distributed dividends exceed 50% of the net profits, the Board of Directors’ variable remuneration shall be calculated over a maximum 50% of such profits.

Additionally, those Directors that are members of the Directors Committee receive a gross remuneration of UF 34 for each meeting they attend, plus the amount that, as the percentage of the dividends, is required to complete one third of the total remuneration a Director is entitled to, pursuant to article 50 bis of Law Nº 18,046 and Regulation N° 1956 of the CMF. Directors that are members of the Audit Committee receive a gross monthly remuneration of UF 25.

According to the above, as of December 31, 2017, the Directors received ThCh$ 3,146,516 (ThCh$ 3,215,759 in 2016 and ThCh$ 2,976,684 in 2015) in meeting attendance fees and dividend participation. In addition, ThCh$ 224,813
(ThCh$ 212,665 in 2016 and ThCh$ 191,416 in 2015) were paid as meeting attendance fees and dividend participation to the Senior Management of the Parent Company.

As of December 31, 2017, the remuneration corresponding to the key personal was ThCh$ 6,449,061 (ThCh$ 7,565,658 in 2016 and ThCh$ 5,497,192 in 2015). The Company grants annual discretionary and variable bonuses to the top key employees, which are not subject to an agreement and are decided on the basis of the compliance with individual and corporate goals and depending on the year results.