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CONSOLIDATED STATEMENT OF INCOME - CLP ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Net sales $ 1,783,282,337 [1] $ 1,698,360,794 $ 1,558,897,708
Cost of sales (860,011,392) [1] (798,738,655) (741,819,916)
Gross margin 923,270,945 [1] 899,622,139 817,077,792
Other income by function 228,455,054 6,717,902 5,144,154
Distribution costs (314,391,183) (290,227,129) (270,835,822)
Administrative expenses (152,376,458) (142,514,649) (155,322,295)
Other expenses by function (216,236,609) (238,704,061) (195,412,109)
Other gains (losses) 4,029,627 (7,716,791) (8,345,907)
Income from operational activities 472,751,376 227,177,411 192,305,813
Finance income 15,794,456 5,050,952 5,680,068
Finance costs (23,560,662) (24,166,313) (20,307,238)
Share of net loss of joint ventures and associates accounted for using the equity method (10,815,520) (8,914,097) (5,560,522)
Foreign currency exchange differences 3,299,657 (2,563,019) 456,995
Result as per adjustment units 742,041 (110,539) (2,246,846)
Income before taxes 458,211,348 [1] 196,474,395 170,328,270
Tax income (expense) (136,126,817) (48,365,976) (30,246,383)
Net income of year 322,084,531 148,108,419 140,081,887
Net income attibutable to:      
Equity holders of the parent 306,890,792 129,607,353 118,457,488
Non-controlling interests 15,193,739 18,501,066 21,624,399
Net income of year $ 322,084,531 $ 148,108,419 $ 140,081,887
Net income per share (Chilean pesos) from:      
Continuing operations $ 830.55 $ 350.76 $ 320.59
Diluted earnings per share (Chilean pesos) from:      
Continuing operations $ 830.55 $ 350.76 $ 320.59
[1] The net impact, related to early termination of Budweiser license (See Note 1 – General information, letter C), on CCU’s consolidated earnings was a one-time gain of ThCh$ 208,842,443 in ORBDA and ThCh$ 157,358,973 in Net income attributable to equity holder of the parent.