Other Provisions

12 Months Ended

Dec. 31, 2018

Disclosure Other provisions, contingent liabilities and contingent assets [Abstract]

Disclosure of other provisions [text block]

Note 23 Other provisions

Provisions recorded in the consolidated statement of financial position are detailed as follows:

	As of December 31, 2018				As of December 31, 2017
	Current		Non current		Current		Non current
	ThCh $		ThCh $		ThCh $		ThCh $
Litigation		405,069		488,562		349,775		950,920
Others		-		6,937,197		-		289,469
Total		405,069		7,425,759		349,775		1,240,389

The changes in provisions are detailed as follows:

	Litigation (1)			Others			Total
	ThCh $			ThCh $			ThCh $
As of January 1, 2017		1,248,243			484,441			1,732,684
As of December 31, 2017
Incorporated		1,028,505			14,386			1,042,891
Used		(652,280	)		-			(652,280	)
Released		(81,249	)		(142,291	)		(223,540	)
Conversion effect		(242,524	)		(67,067	)		(309,591	)
Changes		52,452			(194,972	)		(142,520	)
As of December 31, 2017		1,300,695			289,469			1,590,164
As of December 31, 2018
Incorporated		560,355			6,731,027			7,291,382
Used		(344,749	)		-			(344,749	)
Released		(102,277	)		(11,975	)		(114,252	)
Conversion effect		(520,393	)		(71,324	)		(591,717	)
Changes		(407,064	)		6,647,728			6,240,664
As of December 31, 2018		893,631			6,937,197			7,830,828

(1)

See

Note 34 – Contingencies and commitments

The maturities of provisions at

December 31, 2018

, are detailed as follows:

	Litigation		Others		Total
	ThCh $		ThCh $		ThCh $
Less than one year		405,069		-		405,069
Between two and five years		314,784		6,937,197		7,251,981
Over five years		173,778		-		173,778
Total		893,631		6,937,197		7,830,828

The maturities of provisions at

December 31, 2017

, are detailed as follows:

	Litigation		Others		Total
	ThCh $		ThCh $		ThCh $
Less than one year		349,775		-		349,775
Between two and five years		445,941		289,469		735,410
Over five years		504,979		-		504,979
Total		1,300,695		289,469		1,590,164

The provisions for Litigation and Other - current and non-current correspond to estimates made by the Administration, intended to cover eventual effects that may derive from the resolution of trials/claims or uncertainties to which the Company is exposed. Such trails/claims or uncertainties derive from transactions that are part of the normal course of CCU's business and the countries where it operates and whose details and scopes are not fully public knowledge, so that its detailed exposition could affect the interests of the Company and the progress of the resolution of these, according to the legal reserves of each administrative and judicial procedure. Therefore, based on the provisions of IAS 37 "Provisions, contingent liabilities and contingent assets", paragraph 92, although the amounts provisioned in relation to these trials/claims or uncertainties are indicated, no further detail of the same at the closing of these Financial Statements.

Significant litigation proceedings which the Company is exposed to at a consolidated level are detailed in

Note 34 – Contingencies and commitments

Management believes that based on the development of such proceedings to date, the provisions established on a case by case basis are adequate to cover the possible adverse effects that could arise from these proceedings.