Biological assets

12 Months Ended

Dec. 31, 2018

Disclosure of Agriculture [Abstract]

Note 13

Biological assets

The Company recorded under Current biological assets the agricultural activities (grapes) derived from production of plantations that will be destined to be an input to the following process of the wine production.

The costs associated to the agricultural activities (grapes) are accumulated to the harvest date.

The valuation of current biological assets is described in

Note 2 - Summary of significant accounting policies, 2.10

The movement of

current biological assets

is detailed as follows:

	ThCh $
As of January 1 2017
Historic cost		7,948,379
Book Value		7,948,379

As of December 31, 2017
Acquisitions		18,440,177
Decreases due to harvesting		(18,230,868	)
Changes		209,309
Book Value		8,157,688

As of December 31, 2017
Historic cost		8,157,688
Book Value		8,157,688

As of December 31, 2018
Acquisitions		20,871,261
Decreases due to harvesting		(20,634,418	)
Other increases (decreases) (1)		95,342
Changes		332,185
Book Value		8,489,873

As of December 31, 2018
Historic cost		8,489,873
Book Value		8,489,873

(1) Mainly corresponds to the financial effect of the application IAS 29 “Financial reporting in hyperinflationary economies”. See

Note 4 - Accounting changes, letter b)