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CONSOLIDATED STATEMENT OF CASH FLOW - CLP ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Classes of cash receipts from operating activities:      
Proceeds from goods sold and services rendered $ 2,063,846,199 $ 2,027,615,713 $ 1,862,763,071
Other proceeds from operating activities 211,980,184 27,287,853 23,086,788
Classes of cash payments from operating activities:      
Payments of operating activities (1,308,662,407) (1,263,418,419) (1,216,451,995)
Payments of salaries (202,182,968) (202,321,289) (201,389,122)
Other payments for operating activities (282,794,912) (262,820,379) (228,011,323)
Cash flow from (used in) operations 482,186,096 326,343,479 239,997,419
Dividends received 374,208 264,079 34,380
Interest paid (17,691,156) (18,564,514) (16,958,068)
Interest received 13,627,809 4,870,651 5,635,697
Income tax reimbursed (paid) (35,068,401) (40,656,061) (47,055,951)
Other cash movements (14,115,425) (10,096,203) 8,360,871
Net cash flows from operating activities 429,313,131 262,161,431 190,014,348
Cash flows from (used in) investing activities      
Cash flows used to obtain control of subsidaries or other businesses (5,819,495) 0 (641,489)
Cash flows used to purchase non-controlling interests 0 (1,149,689) (2,174,370)
Other charges on the sale of interests in joint ventures 0 1,058,984 512,596
Other payments to acquire interests in joint ventures [1] (59,505,559) (49,312,890) (27,043,481)
Proceeds from sales of property, plan and equipment 1,064,516 1,554,696 2,753,539
Purchase of property, plant and equipment (128,366,525) (123,526,778) (125,691,740)
Purchases of intangibles assets (3,073,897) (2,238,702) (3,191,685)
Other cash movements (3,301,141) 0 469,240
Net cash flows used in investing activities (199,002,101) (173,614,379) (155,007,390)
Cash flows from (used in) financing activities      
Proceeds from changes in ownership interests in subsidiaries that do not result in loss of control (49,222,782) (7,800,000) (19,111,686)
Proceeds from long-term loans and bonds 91,201,377 40,850,000 3,804,384
Porceeds from short-term loans and bonds 92,806,210 16,927,169 19,345,325
Total proceeds from loans 184,007,587 57,777,169 23,149,709
Loan and bonds payments (112,665,293) (25,754,218) (27,910,666)
Payments of finance lease liabilities (1,077,462) (1,414,228) (1,530,851)
Payments of loan from related parties 0 (717,900) (750,000)
Dividends paid (74,825,181) (75,128,211) (69,819,729)
Other cash movements 819,269 36,190 913,318
Net cash flows used in financing activities (52,963,862) (53,001,198) (95,059,905)
Net decrease in cash equivalents, before the effect of changes in exchange rate 177,347,168 35,545,854 (60,052,947)
Effects of changes in exchange rates on Cash and cash equivalents (28,377,720) 465,565 1,531,891
Increase (decrease) in cash an cash equivalents 148,969,448 36,011,419 (58,521,056)
Cash and cash equivalents, beginning of the year 170,044,602 134,033,183 192,554,239
Cash and cash equivalents, final of the year $ 319,014,050 $ 170,044,602 $ 134,033,183
[1] Corresponds to payments of commited capital made between 2016 to 2018 in Central Cervecera de Colombia S.A.S. and the acquisition in 2017 of 50% of Zona Franca Central Cervecera S.A.S. (see Note 16 – Investments accounted using equity method). Additionally, in 2016, includes the amount paid in proportion to the creation of the company Promarca Internacional SpA. (See Note 1 – General information, letter E)).