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v3.20.1

Financial Instruments (Tables) | 12 Months Ended
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Dec. 31, 2019
Financial instruments [Abstract] |
Disclosure of carrying amount categories of financial instruments [Text Block] | The carrying amounts of each financial instrument category as of each year-end are detailed as follows:
| As of December 31, 2019 | As of December 31, 2018
| Current | Non-current | Current | Non-current
| ThCh$ | ThCh$ | ThCh$ | ThCh$
Derivative financial instruments | 3,412,197 | - | 11,522,482 | -
Market securities and investments in other companies | 6,245,817 | - | 11,010,433 | -
Derivative hedge assets | 157,344 | 4,670,538 | 212,554 | 3,325,079
Total other financial assets | 9,815,358 | 4,670,538 | 22,745,469 | 3,325,079
Accounts receivable - trade and other receivable (net) | 300,013,940 | 3,224,627 | 320,702,339 | 3,363,123
Accounts receivable from related parties | 3,278,685 | 118,122 | 3,048,841 | 190,865
Total accounts receivables | 303,292,625 | 3,342,749 | 323,751,180 | 3,553,988
Sub-Total financial assets | 313,107,983 | 8,013,287 | 346,496,649 | 6,879,067
Cash and cash equivalents | 196,369,224 | - | 319,014,050 | -
Total financial assets | 509,477,207 | 8,013,287 | 665,510,699 | 6,879,067
Bank borrowings | 42,447,438 | 99,749,082 | 38,160,178 | 75,200,804
Bonds payable | 6,744,739 | 133,806,947 | 4,081,175 | 135,281,303
Lease Liabilities / Financial leases obligations | 4,857,097 | 28,213,259 | 365,972 | 17,546,162
Deposits for return of bottles and containers | 13,290,754 | - | 13,967,995 | -
Total financial liabilities measured at amortized cost | 67,340,028 | 261,769,288 | 56,575,320 | 228,028,269
Derivative financial instruments | 240,394 | - | 4,997,124 | -
Derivative hedge liabilities | 805,306 | - | 1,194,502 | 157,028
Total financial derivative liabilities | 1,045,700 | - | 6,191,626 | 157,028
Total other financial liabilities (*) | 68,385,728 | 261,769,288 | 62,766,946 | 228,185,297
Account payable- trade and other payable | 306,655,558 | 26,550 | 303,380,168 | 12,413
Accounts payable to related parties | 8,979,434 | - | 6,936,910 | -
Total commercial obligations and other accounts payable | 315,634,992 | 26,550 | 310,317,078 | 12,413
Total financial liabilities | 384,020,720 | 261,795,838 | 373,084,024 | 228,197,710
(*) See Note 21 - Other financial liabilities .
Disclosure of financial assets and liabilities at fair value category [Text Block] | The following tables show fair values, based on financial instrument categories, compared to the carrying amount included in the Consolidated Statements of Financial Position: a) Financial assets and liabilities are detailed as follows:
| As of December 31, 2019 | As of December 31, 2018
| Book Value | Fair Value | Book Value | Fair Value
| ThCh$ | ThCh$ | ThCh$ | ThCh$
Derivative financial instruments | 3,412,197 | 3,412,197 | 11,522,482 | 11,522,482
Market securities and investments in other companies | 6,245,817 | 6,245,817 | 11,010,433 | 11,010,433
Derivative hedge assets | 4,827,882 | 4,827,882 | 3,537,633 | 3,537,633
Total other financial assets | 14,485,896 | 14,485,896 | 26,070,548 | 26,070,548
Accounts receivable - trade and other receivable (net) | 303,238,567 | 303,238,567 | 324,065,462 | 324,065,462
Accounts receivable from related parties | 3,396,807 | 3,396,807 | 3,239,706 | 3,239,706
Total accounts receivables | 306,635,374 | 306,635,374 | 327,305,168 | 327,305,168
Sub-Total financial assets | 321,121,270 | 321,121,270 | 353,375,716 | 353,375,716
Cash and cash equivalents | 196,369,224 | 196,369,224 | 319,014,050 | 319,014,050
Total financial assets | 517,490,494 | 517,490,494 | 672,389,766 | 672,389,766
Bank borrowings | 142,196,520 | 146,544,455 | 113,360,982 | 117,211,707
Bonds payable | 140,551,686 | 189,670,078 | 139,362,478 | 187,276,391
Lease Liabilities / Financial leases obligations | 33,070,356 | 41,851,389 | 17,912,134 | 24,278,897
Deposits for return of bottles and containers | 13,290,754 | 13,290,754 | 13,967,995 | 13,967,995
Total financial liabilities measured at amortized cost | 329,109,316 | 391,356,676 | 284,603,589 | 342,734,990
Derivative financial instruments | 240,394 | 240,394 | 4,997,124 | 4,997,124
Derivative hedge liabilities | 805,306 | 805,306 | 1,351,530 | 1,351,530
Total financial derivative liabilities | 1,045,700 | 1,045,700 | 6,348,654 | 6,348,654
Total other financial liabilities (*) | 330,155,016 | 392,402,376 | 290,952,243 | 349,083,644
Account payable- trade and other payable | 306,682,108 | 306,682,108 | 303,392,581 | 303,392,581
Accounts payable to related parties | 8,979,434 | 8,979,434 | 6,936,910 | 6,936,910
Total commercial obligations and other accounts payable | 315,661,542 | 315,661,542 | 310,329,491 | 310,329,491
Total financial liabilities | 645,816,558 | 708,063,918 | 601,281,734 | 659,413,135
(*) See Note 21 - Other financial liabilities .
Disclosure of financial instruments categories [Text Block] | b) Financial instruments by category:
As of December 31, 2019 | Fair value with changes in income | Financial assets measured at amortized cost | Hedge derivatives | Total
ThCh$ | ThCh$ | ThCh$ | ThCh$
Financial assets |  |  |  |
Derivative financial instruments | 3,412,197 | - | - | 3,412,197
Marketable securities and investments in other companies | 6,245,817 | - | - | 6,245,817
Derivative hedge assets | - | - | 4,827,882 | 4,827,882
Total other financial assets | 9,658,014 | - | 4,827,882 | 14,485,896
Cash and cash equivalents | - | 196,369,224 | - | 196,369,224
Trade and other receivable (net) | - | 303,238,567 | - | 303,238,567
Accounts receivable from related parties | - | 3,396,807 | - | 3,396,807
Total financial assets | 9,658,014 | 503,004,598 | 4,827,882 | 517,490,494
As of December 31, 2019 | Fair value with changes in income | Hedge derivatives | Financial liabilities measured at amortized cost | Total
ThCh$ | ThCh$ | ThCh$ | ThCh$
Financial liabilities |  |  |  |
Bank borrowings | - | - | 142,196,520 | 142,196,520
Bonds payable | - | - | 140,551,686 | 140,551,686
Leases liabilities | - | - | 33,070,356 | 33,070,356
Deposits for return of bottles and containers | - | - | 13,290,754 | 13,290,754
Derivative financial instruments | 240,394 | - | - | 240,394
Derivative hedge liabilities | - | 805,306 | - | 805,306
Total Other financial liabilities | 240,394 | 805,306 | 329,109,316 | 330,155,016
Account payable- trade and other payable | - | - | 306,682,108 | 306,682,108
Accounts payable to related parties | - | - | 8,979,434 | 8,979,434
Total financial liabilities | 240,394 | 805,306 | 644,770,858 | 645,816,558
As of December 31, 2018 | Fair value with changes in income | Financial assets measured at amortized cost | Hedge derivatives | Total
ThCh$ | ThCh$ | ThCh$ | ThCh$
Financial assets |  |  |  |
Derivative financial instruments | 11,522,482 | - | - | 11,522,482
Marketable securities and investments in other companies | 11,010,433 | - | - | 11,010,433
Derivative hedge assets | - | - | 3,537,633 | 3,537,633
Total other financial assets | 22,532,915 | - | 3,537,633 | 26,070,548
Cash and cash equivalents | - | 319,014,050 | - | 319,014,050
Trade and other receivable (net) | - | 324,065,462 | - | 324,065,462
Accounts receivable from related parties | - | 3,239,706 | - | 3,239,706
Total financial assets | 22,532,915 | 646,319,218 | 3,537,633 | 672,389,766
As of December 31, 2018 | Fair value with changes in income | Hedge derivatives | Financial liabilities measured at amortized cost | Total
ThCh$ | ThCh$ | ThCh$ | ThCh$
Financial liabilities |  |  |  |
Bank borrowings | - | - | 113,360,982 | 113,360,982
Bonds payable | - | - | 139,362,478 | 139,362,478
Financial leases obligations | - | - | 17,912,134 | 17,912,134
Deposits for return of bottles and containers | - | - | 13,967,995 | 13,967,995
Derivative financial instruments | 4,997,124 | - | - | 4,997,124
Derivative hedge liabilities | - | 1,351,530 | - | 1,351,530
Total Other financial liabilities | 4,997,124 | 1,351,530 | 284,603,589 | 290,952,243
Account payable- trade and other payable | - | - | 303,392,581 | 303,392,581
Accounts payable to related parties | - | - | 6,936,910 | 6,936,910
Total financial liabilities | 4,997,124 | 1,351,530 | 594,933,080 | 601,281,734
Disclosure of derivatives instruments [Text Block] | The detail of maturities, number of derivative agreements, contracted nominal amounts, fair values and the classification of such derivative instruments by type of agreement at the closing of each year are detailed as follows:
| As of December 31, 2019 | As of December 31, 2018
Number of agreements | Nominal amounts thousand | Asset | Liability | Number of agreements | Nominal amounts thousand | Asset | Liability
ThCh$ | ThCh$ | ThCh$ | ThCh$
Cross currency interest rate swaps CLP/USD | 1 | 2,000 | 4,571,984 | 805,306 | 1 | 2,000 | 3,325,079 | 1,194,502
Less than a year | - | - | - | 805,306 | 1 | - | - | 1,194,502
Between 1 and 5 years | 1 | 2,000 | 4,571,984 | - | - | 2,000 | 3,325,079 | -
Cross currency interest rate swaps USD/EURO | 1 | 11,600 | 255,898 | - | 1 | 11,600 | 212,554 | 157,028
Less than a year | - | - | 157,344 | - | 1 | - | 212,554 | -
Between 1 and 5 years | 1 | 11,600 | 98,554 | - | - | 11,600 | - | 157,028
Total | 2 |  | 4,827,882 | 805,306 | 2 |  | 3,537,633 | 1,351,530
Forwards USD | 14 | 72,593 | 2,989,286 | 160,803 | 32 | 269,371 | 11,264,711 | 3,832,634
Less than a year | 14 | 72,593 | 2,989,286 | 160,803 | 32 | 269,371 | 11,264,711 | 3,832,634
Forwards Euro | 5 | 26,393 | 412,065 | 79,591 | 10 | 79,326 | 225,815 | 1,153,302
Less than a year | 5 | 26,393 | 412,065 | 79,591 | 10 | 79,326 | 225,815 | 1,153,302
Forwards CAD | 1 | 800 | 10,846 | - | 3 | 2,650 | 28,381 | 3,986
Less than a year | 1 | 800 | 10,846 | - | 3 | 2,650 | 28,381 | 3,986
Forwards GBP | - | - | - | - | 4 | 1,030 | 3,575 | 7,202
Less than a year | - | - | - | - | 4 | 1,030 | 3,575 | 7,202
Total | 20 |  | 3,412,197 | 240,394 | 49 |  | 11,522,482 | 4,997,124
Total instruments | 22 |  | 8,240,079 | 1,045,700 | 51 |  | 15,060,115 | 6,348,654
Disclosure of cash flow hedges related to loans from Banco de Chile and Banco Scotiabank [Text Block] |
As of December 31, 2019
Entity | Nature of risks covered | Rights | Obligations | Fair value of net asset (liabilities) | Maturity
Currency | Amount | Currency | Amount | Amount |
ThCh$ | ThCh$ | ThCh$ |
Scotiabank Chile | Flow interest rate and exchange rate on bank bonds | USD | 8,820,379 | EUR | 8,564,481 | 255,898 | 06-18-2021
Banco de Chile | Flow interest rate on bank bonds | UF | 59,233,320 | CLP | 55,466,642 | 3,766,678 | 09-15-2021
As of December 31, 2018
Entity | Nature of risks covered | Rights | Obligations | Fair value of net asset (liabilities) | Maturity
Currency | Amount | Currency | Amount | Amount |
ThCh$ | ThCh$ | ThCh$ |
Scotiabank Chile | Flow interest rate and exchange rate on bank bonds | USD | 8,256,869 | EUR | 8,201,343 | 55,526 | 06-18-2021
Banco de Chile | Flow interest rate on bank bonds | UF | 60,388,039 | CLP | 58,257,462 | 2,130,577 | 09-15-2021
Disclosure Of Fair Value Of Financial Instruments Recorded At Fair Value Consolidated Statement Of Financial Position [Text Block] | The fair value of financial instruments recorded at fair value in the Consolidated Financial Statements, is detailed as follows:
As of December 31, 2019 | Recorded fair value | Fair value hierarchy
level 1 | level 2 | level 3
ThCh$ | ThCh$ | ThCh$ | ThCh$
Derivative financial instruments | 3,412,197 | - | 3,412,197 | -
Market securities and investments in other companies | 6,245,817 | 6,245,817 | - | -
Derivative hedge assets | 4,827,882 | - | 4,827,882 | -
Total other financial assets | 14,485,896 | 6,245,817 | 8,240,079 | -
Derivative financial instruments | 240,394 | - | 240,394 | -
Derivative hedge liabilities | 805,306 | - | 805,306 | -
Total financial derivative liabilities | 1,045,700 | - | 1,045,700 | -
As of December 31, 2018 | Recorded fair value | Fair value hierarchy
level 1 | level 2 | level 3
ThCh$ | ThCh$ | ThCh$ | ThCh$
Derivative financial instruments | 11,522,482 | - | 11,522,482 | -
Market securities and investments in other companies | 11,010,433 | 11,010,433 | - | -
Derivative hedge assets | 3,537,633 | - | 3,537,633 | -
Total other financial assets | 26,070,548 | 11,010,433 | 15,060,115 | -
Derivative financial instruments | 4,997,124 | - | 4,997,124 | -
Derivative hedge liabilities | 1,351,530 | - | 1,351,530 | -
Total financial derivative liabilities | 6,348,654 | - | 6,348,654 | -

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