XML 48 R28.htm IDEA: XBRL DOCUMENT
v3.21.1

Right of use assets and Lease liabilities | 12 Months Ended
--- | ---
Dec. 31, 2020
Text Block [Abstract] |
Disclosure of leases [text block] | Note 22 Right of use assets and Lease liabilities The Company has implemented IFRS 16 as of January 1, 2019. This means recognizing the right of use assets for the goods subject to operating lease contracts and a liability equivalent to the present value of the payment associated with the contract. Considerations: - Identification of the asset for right of use: As part of the contract review and analysis process, the Company identified assets by right of use associated with identifiable and non-substitutable lease contracts, which were classified under the item Right of use assets. - The Company mainly has warehouses, offices, vehicles and land leased contracts. - Interest rate used for the measurement of the financial liability: The Company determined the interest rate based on the currency and the term of the lease contracts. The average incremental borrowing interest rate applied to lease liabilities used is 3.2%. - Term of the contract: The Company evaluated the lease clauses, market conditions, costs related to the termination of the contract and early cancellation. Other considerations: 1) During the initial measurement of lease agreements, the Company applied exemptions for leases with remaining terms less than 12 months and leases with a value lower than US$ 5,000 (ThCh$ 3,747) as of January 1, 2019. These leases have been considered as short term, therfore no right of use asset or lease liability has been recognized. 2) The Company excluded initial direct costs from measuring the right of use asset at the date of initial application. 3) The Company analyzed the lease terms on a case-by-case basis, in those with an option to extend or terminate the lease. For leases previously classified as financial leases, the Company recognized the carrying amount of the lease assets and the lease liabilities immediately before the transition as the carrying amount of the assets for the right to use and the lease liabilities on the date of the initial lease recognition. As a consequence of the aformentioned, the Company recorded the right of use asset under the item Right of use assets, and Current and Non-Current Lease liability in the Consolidated Financial Statements. Also , it has modified the nature of the lease expenses, eliminating the operating expense offset by the expense of depreciation and a financial cost. The short-term and low-value leases are still going through the Consolidated Financial Statement of Income. Finally, the presentation in the Consolidated Statement of Cash Flows was modified. The main portion of lease payments are presented in cash flow from financing activities and the interest associated to leases are presented in cash flow from operating activities. Right of use assets The net book value of lands, buildings, machinery, fixtures and accessories, and other property, plant and equipment corresponds to financial lease contracts. The movement for assets by right of use is as follows:
| Land and buildings | Machinery | Fixtures and accessories | Other properties, plants and equipment | Total
ThCh$ | ThCh$ | ThCh$ | ThCh$ | ThCh$
As of January 1, 2019 |  |  |  |  |
Historic cost | 29,108,420 | 2,340,290 | 1,372,250 | 106,024 | 32,926,984
Accumulated depreciation | (1,334,818) | (181,824) | - | (6,095) | (1,522,737)
Book Value | 27,773,602 | 2,158,466 | 1,372,250 | 99,929 | 31,404,247
Transfers | (1,714,780) | (8,750) | - | - | (1,723,530)
Conversion effect historic cost | 4,767 | - | (4,476) | 1,495 | 1,786
Depreciation | (3,238,106) | (1,492,314) | (507,315) | (35,096) | (5,272,831)
Conversion effect depreciation | 124 | - | 1,881 | 147 | 2,152
Others increase (decreased) (1) | 575,323 | 774,698 | 43,132 | (856) | 1,392,297
Changes | (4,372,672) | (726,366) | (466,778) | (34,310) | (5,600,126)
Book Value | 23,400,930 | 1,432,100 | 905,472 | 65,619 | 25,804,121
As of January 1, 2020 |  |  |  |  |
Historic cost | 28,320,416 | 3,105,625 | 1,410,382 | 106,596 | 32,943,019
Accumulated depreciation | (4,919,486) | (1,673,525) | (504,910) | (40,977) | (7,138,898)
Book Value | 23,400,930 | 1,432,100 | 905,472 | 65,619 | 25,804,121
As of December 31, 2020 |  |  |  |  |
Additions | 1,343,077 | 2,297,702 | 1,263,506 | 48,396 | 4,952,681
Transfers | - | - | - | (42,913) | (42,913)
Conversion effect historic cost | (694,912) | (754,855) | (5,873) | (13,623) | (1,469,263)
Depreciation | (3,940,998) | (1,136,226) | (696,217) | (38,069) | (5,811,510)
Conversion effect depreciation | 318,175 | 438,803 | 2,770 | 9,857 | 769,605
Others increase (decreased) (1) | 1,032,591 | 331,524 | 47,156 | - | 1,411,271
Additions of right of use assets | (579,026) | - | - | - | (579,026)
Depreciation of right of use assets | 44,386 | - | - | - | 44,386
Changes | (2,476,707) | 1,176,948 | 611,342 | (36,352) | (724,769)
Book Value | 20,924,223 | 2,609,048 | 1,516,814 | 29,267 | 25,079,352
As of December 31, 2020 |  |  |  |  |
Historic cost | 29,484,749 | 5,304,754 | 2,700,905 | 92,430 | 37,582,838
Accumulated depreciation | (8,560,526) | (2,695,706) | (1,184,091) | (63,163) | (12,503,486)
Book Value | 20,924,223 | 2,609,048 | 1,516,814 | 29,267 | 25,079,352
(1) It corresponds mainly to the financial effect of the application of IAS 29 “Financial Information in Hyperinflationary Economies. Lease liabilities Lease libialities that accrue interest classified by type of obligation and by their classification in the Consolidated Statement of Financial Position are the following:
| As of December 31, 2020 | As of December 31, 2019
Current | Non-current | Current | Non-current
ThCh$ | ThCh$ | ThCh$ | ThCh$
Leases liabilities (1) | 4,934,639 | 27,200,272 | 4,857,097 | 28,213,259
Total | 4,934,639 | 27,200,272 | 4,857,097 | 28,213,259
(1) See Note 5 - Risk administration. The most significant financial lease agreements are as follows: CCU S.A. In December, 2004, the Company sold a piece of land previously classified as investment property. As part of the transaction, the Company leased eleven floors of a building under construction on the mentioned piece of land. The building was completed during 2007, and on June 28, 2007, the Company entered into a 25-years lease agreement with Compañía de Seguros de Vida Consorcio Nacional de Seguros S.A., for a total amount of UF 688,635.63 with an annual interest rate of 7.07%. The current value of the agreement amounted to ThCh$ 10,403,632 as of December 31, 2007. The agreement also grants CCU the right or option to acquire the assets contained in the agreement (real estate, furniture and facilities) as from month 68 of the lease. The lease rentals committed are according to the conditions prevailing in the market. At the time of sale, the Company recognized ThCh$ 3,108,950 as a gain for the building portion not leased by the Company and ThCh$ 2,276,677 as a liability that was deferred until completion of the building. At this time, the Company recorded the transaction as a financial lease. On February 28, 2018, the Company carried out an amendment to the contract with Compañía de Seguros de Vida Consorcio Nacional de Seguros S.A., recording a balance debt of UF 608,375, with 3.95% annual interest and maturity on February 5, 2048. The book value, nominal value, and interest rates of these lease liabilities are as follows:
Current lease liabilities As of December 31, 2020 Lease liabilities at book value:
|  |  |  |  |  |  | Maturity (*) |  |  |
Debtor Tax ID | Company | Debtor country | Lending party Tax ID | Creditor name | Creditor country | Curren cy | 0 to 3 months | 3 months to 1 year | Total | Type of Amortization | Interest Rate
|  |  |  |  |  |  | ThCh$ | ThCh$ | ThCh$ |  | (%)
Lease liabilities |  |  |  |  |  |  |  |  |  |
79.862.750-3 | Transportes CCU Limitada | Chile | 97.030.000-7 | Banco del Estado de Chile | Chile | UF | 23,155 | 69,637 | 92,792 | Monthly | 2.14
90.413.000-1 | Compañía Cervecerías Unidas S.A. | Chile | 99.012.000-5 | Consorcio Nacional de Seguros S.A. | Chile | UF | 98,975 | 302,102 | 401,077 | Monthly | 3.95
Subtotal |  |  |  |  |  |  | 122,130 | 371,739 | 493,869 |  |
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | CLP | 197,593 | 561,775 | 759,368 | Monthly | 0.05
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | Euros | 26,518 | 79,554 | 106,072 | Monthly | 0.01
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | UF | 535,711 | 1,534,451 | 2,070,162 | Monthly | 0.18
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | USD | 134,975 | 404,922 | 539,897 | Monthly | 0.04
0-E | CCU and subsidiaries | Argentina | - | Suppliers of PPE | Argentina | ARS | 58,040 | 77,662 | 135,702 | Monthly | 62.00
0-E | CCU and subsidiaries | Argentina | - | Suppliers of PPE | Argentina | USD | 279,758 | 501,856 | 781,614 | Monthly | 10.00
0-E | CCU and subsidiaries | Uruguay | - | Suppliers of PPE | Uruguay | UI | 8,960 | 11,947 | 20,907 | Monthly | 0.05
0-E | CCU and subsidiaries | Uruguay | - | Suppliers of PPE | Uruguay | UYU | 10,143 | 16,905 | 27,048 | Monthly | 0.13
Subtotal (leases IFRS ) |  |  |  |  |  | 1,251,698 | 3,189,072 | 4,440,770 |  |
Total |  |  |  |  |  |  | 1,373,828 | 3,560,811 | 4,934,639 |  |
(*) The amount based on the undiscounted contractual flows is found in Note 5 – Risk administration . Lease liabilities at nominal value:
|  |  |  |  |  |  | Maturity |  |
Debtor Tax ID | Company | Debtor country | Lending party Tax ID | Creditor name | Creditor country | Currency | 0 to 3 months | 3 months to 1 year | Total | Type of Amortizatio n
|  |  |  |  |  |  | ThCh$ | ThCh$ | ThCh$ |
Lease liabilities |  |  |  |  |  |  |  |  |
79.862.750-3 | Transportes CCU Limitada | Chile | 97.030.000-7 | Banco del Estado de Chile | Chile | UF | 24,791 | 73,815 | 98,606 | Monthly
90.413.000-1 | Compañía Cervecerías Unidas S.A. | Chile | 99.012.000-5 | Consorcio Nacional de Seguros S.A. | Chile | UF | 239,332 | 717,996 | 957,328 | Monthly
Subtotal |  |  |  |  |  |  | 264,123 | 791,811 | 1,055,934 |
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | CLP | 228,314 | 645,359 | 873,673 | Monthly
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | Euros | 28,309 | 84,926 | 113,235 | Monthly
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | UF | 577,567 | 1,648,294 | 2,225,861 | Monthly
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | USD | 162,940 | 488,822 | 651,762 | Monthly
0-E | CCU and subsidiaries | Argentina | - | Suppliers of PPE | Argentina | ARS | 94,385 | 150,811 | 245,196 | Monthly
0-E | CCU and subsidiaries | Argentina | - | Suppliers of PPE | Argentina | USD | 314,654 | 576,359 | 891,013 | Monthly
0-E | CCU and subsidiaries | Uruguay | - | Suppliers of PPE | Uruguay | UI | 8,998 | 11,998 | 20,996 | Monthly
0-E | CCU and subsidiaries | Uruguay | - | Suppliers of PPE | Uruguay | UYU | 10,249 | 17,081 | 27,330 | Monthly
Subtotal (leases IFRS ) |  |  |  |  |  | 1,425,416 | 3,623,650 | 5,049,066 |
Total |  |  |  |  |  |  | 1,689,539 | 4,415,461 | 6,105,000 |
As of December 31, 2019 Lease liabilities at book value:
|  |  |  |  |  |  | Maturity (*) |  |  |
Debtor Tax ID | Company | Debtor country | Lending party Tax ID | Creditor name | Creditor country | Currency | 0 to 3 months | 3 months to 1 year | Total | Type of Amortization | Interest Rate
|  |  |  |  |  |  | ThCh$ | ThCh$ | ThCh$ |  | (%)
Financial leases obligations |  |  |  |  |  |  |  |  |  |
79.862.750-3 | Transportes CCU Limitada | Chile | 97.030.000-7 | Banco del Estado de Chile | Chile | UF | 22,133 | 66,397 | 88,530 | Monthly | 2.14
90.413.000-1 | Compañía Cervecerías Unidas S.A. | Chile | 99.012.000-5 | Consorcio Nacional de Seguros S.A. | Chile | UF | 93,127 | 284,229 | 377,356 | Monthly | 3.95
0-E | Finca la Celia S.A. | Argentina | 0-E | Banco Supervielle | Argentina | ARS | 541 | 631 | 1,172 | Monthly | 17.00
Subtotal |  |  |  |  |  |  | 115,801 | 351,257 | 467,058 |  |
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | CLP | 136,913 | 479,330 | 616,243 | Monthly | 3.41
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | Euros | 25,324 | 81,810 | 107,134 | Monthly | 1.64
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | UF | 492,441 | 1,596,693 | 2,089,134 | Monthly | 2.87
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | USD | 104,848 | 495,766 | 600,614 | Monthly | 4.52
0-E | CCU and subsidiaries | Argentina | - | Suppliers of PPE | Argentina | ARS | 26,841 | 76,616 | 103,457 | Monthly | 54.50
0-E | CCU and subsidiaries | Argentina | - | Suppliers of PPE | Argentina | USD | 329,178 | 490,070 | 819,248 | Monthly | 10.00
0-E | CCU and subsidiaries | Uruguay | - | Suppliers of PPE | Uruguay | UI | 7,875 | 23,626 | 31,501 | Monthly | 5.25
0-E | CCU and subsidiaries | Uruguay | - | Suppliers of PPE | Uruguay | USD | 3,081 | 1,027 | 4,108 | Monthly | 35.00
0-E | CCU and subsidiaries | Uruguay | - | Suppliers of PPE | Uruguay | UYU | 6,976 | 11,624 | 18,600 | Monthly | 13.25
Subtotal (leases IFRS ) |  |  |  |  |  | 1,133,477 | 3,256,562 | 4,390,039 |  |
Total |  |  |  |  |  |  | 1,249,278 | 3,607,819 | 4,857,097 |  |
(*) The amount based on the undiscounted contractual flows is found in Note 5 – Risk administration . Lease liabilities at nominal value:
|  |  |  |  |  |  | Maturity |  |
Debtor Tax ID | Company | Debtor country | Lending party Tax ID | Creditor name | Creditor country | Currency | 0 to 3 months | 3 months to 1 year | Total | Type of amortization
|  |  |  |  |  |  | ThCh$ | ThCh$ | ThCh$ |
Financial leases obligations |  |  |  |  |  |  |  |  |
79.862.750-3 | Transportes CCU Limitada | Chile | 97.030.000-7 | Banco del Estado de Chile | Chile | UF | 24,195 | 71,884 | 96,079 | Monthly
90.413.000-1 | Compañía Cervecerías Unidas S.A. | Chile | 99.012.000-5 | Consorcio Nacional de Seguros S.A. | Chile | UF | 245,189 | 735,568 | 980,757 | Monthly
0-E | Finca La Celia S.A. | Argentina | 0-E | Banco Supervielle | Argentina | ARS | 541 | 631 | 1,172 | Monthly
Subtotal |  |  |  |  |  |  | 269,925 | 808,083 | 1,078,008 |
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | CLP | 168,699 | 468,845 | 637,544 | Monthly
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | Euros | 27,215 | 81,646 | 108,861 | Monthly
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | UF | 550,914 | 1,598,541 | 2,149,455 | Monthly
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | USD | 140,245 | 420,733 | 560,978 | Monthly
0-E | CCU and subsidiaries | Argentina | - | Suppliers of PPE | Argentina | ARS | 55,024 | 159,278 | 214,302 | Monthly
0-E | CCU and subsidiaries | Argentina | - | Suppliers of PPE | Argentina | USD | 376,479 | 585,653 | 962,132 | Monthly
0-E | CCU and subsidiaries | Uruguay | - | Suppliers of PPE | Uruguay | UI | 7,980 | 23,941 | 31,921 | Monthly
0-E | CCU and subsidiaries | Uruguay | - | Suppliers of PPE | Uruguay | USD | 3,092 | 1,031 | 4,123 | Monthly
0-E | CCU and subsidiaries | Uruguay | - | Suppliers of PPE | Uruguay | UYU | 7,133 | 11,888 | 19,021 | Monthly
Subtotal (leases IFRS ) |  |  |  |  |  | 1,336,781 | 3,351,556 | 4,688,337 |
Total |  |  |  |  |  |  | 1,606,706 | 4,159,639 | 5,766,345 |
Non-current lease liabilities As of December 31, 2020 Lease liabilities at book value:
|  |  |  |  |  |  | Maturity (*) |  |  |
Debtor Tax ID | Company | Debtor country | Lending party Tax ID | Creditor name | Creditor country | Currency | Over 1 year to 3 years | Over 3 years to 5 years | Over 5 years | Total | Type of amortization | Interest Rate
|  |  |  |  |  |  | ThCh$ | ThCh$ | ThCh$ | ThCh$ |  | (%)
Lease liabilities |  |  |  |  |  |  |  |  |  |  |
79.862.750-3 | CCU and subsidiaries | Chile | 97.030.000-7 | Suppliers of PPE | Chile | UF | 191,204 | 32,662 | - | 223,866 | Monthly | 2.14
90.413.000-1 | CCU and subsidiaries | Chile | 99.012.000-5 | Suppliers of PPE | Chile | UF | 845,112 | 906,295 | 15,962,034 | 17,713,441 | Monthly | 3.95
Subtotal |  |  |  |  |  |  | 1,036,316 | 938,957 | 15,962,034 | 17,937,307 |  |
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | CLP | 502,315 | 43,817 | 26,094 | 572,226 | Monthly | 0.05
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | Euros | 167,947 | - | - | 167,947 | Monthly | 0.01
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | UF | 2,493,765 | 1,608,717 | 473,824 | 4,576,306 | Monthly | 0.18
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | USD | 1,079,794 | 556,392 | 1,372,711 | 3,008,897 | Monthly | 0.04
0-E | CCU and subsidiaries | Argentina | - | Suppliers of PPE | Argentina | ARS | 64,341 | 9,357 | - | 73,698 | Monthly | 62.00
0-E | CCU and subsidiaries | Argentina | - | Suppliers of PPE | Argentina | USD | 616,287 | 247,604 | - | 863,891 | Monthly | 10.00
0-E | CCU and subsidiaries | Uruguay | - | Suppliers of PPE | Uruguay | UI | - | - | - | - | Monthly | 0.05
Subtotal (leases IFRS ) |  |  |  |  |  | 4,924,449 | 2,465,887 | 1,872,629 | 9,262,965 |  |
Total |  |  |  |  |  |  | 5,960,765 | 3,404,844 | 17,834,663 | 27,200,272 |  |
(*) The amount based on the undiscounted contractual flows is found in Note 5 – Risk administration . Lease liabilities at nominal value:
|  |  |  |  |  |  | Maturity |  |
Debtor Tax ID | Company | Debtor country | Lending party Tax ID | Creditor name | Creditor country | Currency | Over 1 year to 3 years | Over 3 years to 5 years | Over 5 years | Total | Type of amortization
|  |  |  |  |  |  | ThCh$ | ThCh$ | ThCh$ | ThCh$ |
Lease liabilities |  |  |  |  |  |  |  |  |  |
79.862.750-3 | Transportes CCU Limitada | Chile | 97.030.000-7 | Banco del Estado de Chile | Chile | UF | 196,838 | 32,806 | - | 229,644 | Monthly
90.413.000-1 | Compañía Cervecerías Unidas S.A. | Chile | 99.012.000-5 | Consorcio Nacional de Seguros S.A. | Chile | UF | 1,914,654 | 1,914,654 | 21,220,756 | 25,050,064 | Monthly
Subtotal |  |  |  |  |  |  | 2,111,492 | 1,947,460 | 21,220,756 | 25,279,708 |
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | CLP | 578,028 | 53,824 | 32,356 | 664,208 | Monthly
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | Euros | 179,287 | - | - | 179,287 | Monthly
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | UF | 2,611,279 | 1,684,219 | 608,186 | 4,903,684 | Monthly
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | USD | 1,303,520 | 706,361 | 2,082,508 | 4,092,389 | Monthly
0-E | CCU and subsidiaries | Argentina | - | Suppliers of PPE | Argentina | ARS | 145,946 | 24,101 | - | 170,047 | Monthly
0-E | CCU and subsidiaries | Argentina | - | Suppliers of PPE | Argentina | USD | 758,240 | 308,841 | - | 1,067,081 | Monthly
0-E | CCU and subsidiaries | Uruguay | - | Suppliers of PPE | Uruguay | UI | - | - | - | - | Monthly
Subtotal (leases IFRS ) |  |  |  |  |  | 5,576,300 | 2,777,346 | 2,723,050 | 11,076,696 |
Total |  |  |  |  |  |  | 7,687,792 | 4,724,806 | 23,943,806 | 36,356,404 |
As of December 31, 2019 Lease liabilities at book value:
|  |  |  |  |  |  | Maturity (*) |  |  |
Debtor Tax ID | Company | Debtor country | Lending party Tax ID | Creditor name | Creditor country | Currency | Over 1 year to 3 years | Over 3 years to 5 years | Over 5 years | Total | Type of amortization | Interest Rate
|  |  |  |  |  |  | ThCh$ | ThCh$ | ThCh$ | ThCh$ |  | (%)
Financial leases obligations |  |  |  |  |  |  |  |  |  |  |
79.862.750-3 | Transportes CCU Limitada | Chile | 97.030.000-7 | Banco del Estado de Chile | Chile | UF | 182,302 | 125,892 | - | 308,194 | Monthly | 2.14
90.413.000-1 | Compañía Cervecerías Unidas S.A. | Chile | 99.012.000-5 | Consorcio Nacional de Seguros S.A. | Chile | UF | 794,931 | 852,210 | 15,993,556 | 17,640,697 | Monthly | 3.95
Subtotal |  |  |  |  |  |  | 977,233 | 978,102 | 15,993,556 | 17,948,891 |  |
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | CLP | 725,207 | 154,917 | 44,034 | 924,158 | Monthly | 3.41
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | Euros | 202,592 | 59,089 | - | 261,681 | Monthly | 1.64
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | UF | 2,255,023 | 1,121,035 | 1,903,125 | 5,279,183 | Monthly | 2.87
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | USD | 838,782 | 603,084 | 1,839,685 | 3,281,551 | Monthly | 4.52
0-E | CCU and subsidiaries | Argentina | - | Suppliers of PPE | Argentina | ARS | 116,255 | - | - | 116,255 | Monthly | 54.50
0-E | CCU and subsidiaries | Argentina | - | Suppliers of PPE | Argentina | USD | 355,915 | 26,770 | - | 382,685 | Monthly | 10.00
0-E | CCU and subsidiaries | Uruguay | - | Suppliers of PPE | Uruguay | UI | 18,855 | - | - | 18,855 | Monthly | 5.25
Subtotal (leases IFRS ) |  |  |  |  |  | 4,512,629 | 1,964,895 | 3,786,844 | 10,264,368 |  |
Total |  |  |  |  |  |  | 5,489,862 | 2,942,997 | 19,780,400 | 28,213,259 |  |
(*) The amount based on the undiscounted contractual flows is found in Note 5 – Risk administration . Lease liabilities at nominal value:
|  |  |  |  |  |  | Maturity (*) |  |
Debtor Tax ID | Company | Debtor country | Lending party Tax ID | Creditor name | Creditor country | Currency | Over 1 year to 3 years | Over 3 years to 5 years | Over 5 years | Total | Type of amortization
|  |  |  |  |  |  | ThCh$ | ThCh$ | ThCh$ | ThCh$ |
Financial leases obligations |  |  |  |  |  |  |  |  |  |
79.862.750-3 | Transportes CCU Limitada | Chile | 97.030.000-7 | Banco del Estado de Chile | Chile | UF | 191,690 | 127,793 | - | 319,483 | Monthly
90.413.000-1 | Compañía Cervecerías Unidas S.A. | Chile | 99.012.000-5 | Consorcio Nacional de Seguros S.A. | Chile | UF | 1,961,516 | 1,961,516 | 22,720,893 | 26,643,925 | Monthly
Subtotal |  |  |  |  |  |  | 2,153,206 | 2,089,309 | 22,720,893 | 26,963,408 |
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | CLP | 865,493 | 189,827 | 57,419 | 1,112,739 | Monthly
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | Euros | 217,724 | 63,503 | - | 281,227 | Monthly
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | UF | 2,515,400 | 1,278,897 | 2,217,258 | 6,011,555 | Monthly
0-E | CCU and subsidiaries | Chile | - | Suppliers of PPE | Chile | USD | 1,121,958 | 839,196 | 2,865,031 | 4,826,185 | Monthly
0-E | CCU and subsidiaries | Argentina | - | Suppliers of PPE | Argentina | ARS | 233,249 | - | - | 233,249 | Monthly
0-E | CCU and subsidiaries | Argentina | - | Suppliers of PPE | Argentina | USD | 383,469 | 33,515 | - | 416,984 | Monthly
0-E | CCU and subsidiaries | Uruguay | - | Suppliers of PPE | Uruguay | UI | 21,281 | - | - | 21,281 | Monthly
Subtotal (leases IFRS ) |  |  |  |  |  | 5,358,574 | 2,404,938 | 5,139,708 | 12,903,220 |
Total |  |  |  |  |  |  | 7,511,780 | 4,494,247 | 27,860,601 | 39,866,628 |
Below is the detail of future payments and the value of lease liabilities:
| As of December 31, 2020
Gross Amount | Interest | Value
ThCh$ | ThCh$ | ThCh$
0 to 3 months | 1,689,539 | 315,711 | 1,373,828
3 months to 1 year | 4,415,461 | 854,650 | 3,560,811
Over 1 year to 3 years | 7,687,792 | 1,727,027 | 5,960,765
Over 3 years to 5 years | 4,724,806 | 1,319,962 | 3,404,844
Over 5 years | 23,943,806 | 6,109,143 | 17,834,663
Total | 42,461,404 | 10,326,493 | 32,134,911
| As of December 31, 2019
Gross Amount | Interest | Value
ThCh$ | ThCh$ | ThCh$
0 to 3 months | 1,606,706 | 357,428 | 1,249,278
3 months to 1 year | 4,159,639 | 551,820 | 3,607,819
Over 1 year to 3 years | 7,511,780 | 2,021,918 | 5,489,862
Over 3 years to 5 years | 4,494,247 | 1,551,250 | 2,942,997
Over 5 years | 27,860,601 | 8,080,201 | 19,780,400
Total | 45,632,973 | 12,562,617 | 33,070,356
D) Reconciliation of liabilities arising from financing activities
| As of December 31, 2019 | Cash Flows | Accrual of interest | Change in foreign currency and unit per adjustment | Increase through new leases | Others | As of December 31, 2020
Payments | Acquisitions
Principal | Interest
| ThCh$ | ThCh$ | ThCh$ | ThCh$ | ThCh$ | ThCh$ | ThCh$ | ThCh$ | ThCh$
Other financial liabilities |  |  |  |  |  |  |  |  |
Current |  |  |  |  |  |  |  |  |
Bank borrowings | 42,447,438 | (90,753,059) | (6,116,509) | 72,550,018 | 6,383,609 | (1,118,009) | - | 14,361,217 | 37,754,705
Bond payables | 6,744,739 | (5,203,248) | (5,906,271) | - | 5,714,816 | 138,255 | - | 6,202,732 | 7,691,023
Lease liabilities | 4,857,097 | (6,857,420) | (641,630) | - | 1,257,888 | 917,429 | 1,883,967 | 3,517,308 | 4,934,639
Total others financial liabilities current | 54,049,274 | (102,813,727) | (12,664,410) | 72,550,018 | 13,356,313 | (62,325) | 1,883,967 | 24,081,257 | 50,380,367
Non-current |  |  |  |  |  |  |  |  |
Bank borrowings | 99,749,082 | - | - | 5,559,469 | - | 307,292 | - | (17,464,443) | 88,151,400
Bond payables | 133,806,947 | - | - | 191,227,020 | - | 5,894,221 | - | (6,202,732) | 324,725,456
Lease liabilities | 28,213,259 | - | - | - | - | 479,576 | 3,083,854 | (4,576,417) | 27,200,272
Total others financial liabilities non-current | 261,769,288 | - | - | 196,786,489 | - | 6,681,089 | 3,083,854 | (28,243,592) | 440,077,128
Total Other financial liabilities | 315,818,562 | (102,813,727) | (12,664,410) | 269,336,507 | 13,356,313 | 6,618,764 | 4,967,821 | (4,162,335) | 490,457,495
| As of December 31, 2018 | Cash Flows | Accrual of interest | Change in foreign currency and unit per adjustment | Increase through new leases | Others | As of December 31, 2019
Payments | Acquisitions
Principal | Interest
ThCh$ | ThCh$ | ThCh$ | ThCh$ | ThCh$ | ThCh$ | ThCh$ | ThCh$ | ThCh$
Other financial liabilities |  |  |  |  |  |  |  |  |
Current |  |  |  |  |  |  |  |  |
Bank borrowings | 38,160,178 | (24,502,019) | (12,402,773) | 25,347,785 | 12,639,856 | 532,163 | - | 2,672,248 | 42,447,438
Bond payables | 4,081,175 | (2,547,487) | (4,734,806) | - | 4,758,356 | 66,887 | - | 5,120,614 | 6,744,739
Lease liabilities | 365,972 | (6,416,902) | (727,334) | - | 1,334,118 | 1,421,871 | 7,267,645 | 1,611,727 | 4,857,097
Total others financial liabilities current | 42,607,325 | (33,466,408) | (17,864,913) | 25,347,785 | 18,732,330 | 2,020,921 | 7,267,645 | 9,404,589 | 54,049,274
Non-current |  |  |  |  |  |  |  |  |
Bank borrowings | 75,200,804 | - | - | 25,641,701 | - | 2,105,680 | - | (3,199,103) | 99,749,082
Bond payables | 135,281,303 | - | - | - | - | 3,646,258 | - | (5,120,614) | 133,806,947
Lease liabilities | 17,546,162 | - | - | - | - | 464,448 | 11,816,542 | (1,613,893) | 28,213,259
Total others financial liabilities non-current | 228,028,269 | - | - | 25,641,701 | - | 6,216,386 | 11,816,542 | (9,933,610) | 261,769,288
Total Other financial liabilities | 270,635,594 | (33,466,408) | (17,864,913) | 50,989,486 | 18,732,330 | 8,237,307 | 19,084,187 | (529,021) | 315,818,562
| As of December 31, 2017 | Cash Flows | Accrual of interest | Change in foreign currency and unit per adjustment | Increase through new leases | Others | As of December 31, 2018
Payments | Acquisitions
Principal | Interest
ThCh$ | ThCh$ | ThCh$ | ThCh$ | ThCh$ | ThCh$ |  | ThCh$ | ThCh$
Other financial liabilities |  |  |  |  |  |  |  |  |
Current |  |  |  |  |  |  |  |  |
Bank borrowings | 24,623,746 | (93,311,712) | (7,329,217) | 92,681,410 | 7,751,402 | (2,102,985) | - | 15,847,534 | 38,160,178
Bond payable | 3,306,135 | (2,737,203) | (2,911,224) | - | 3,882,088 | 90,527 | - | 2,450,852 | 4,081,175
Lease liabilities | 176,586 | (1,071,050) | (1,919) | - | 675,796 | (56,632) | - | 643,191 | 365,972
Total others financial liabilities current | 28,106,467 | (97,119,965) | (10,242,360) | 92,681,410 | 12,309,286 | (2,069,090) | - | 18,941,577 | 42,607,325
Non-current |  |  |  |  |  |  |  |  |
Bank borrowings | 73,886,831 | (207,714) | - | 8,828,143 | - | 396,858 | - | (7,703,314) | 75,200,804
Bond payable | 69,476,612 | (16,408,664) | - | 82,498,034 | - | 2,914,363 | - | (3,199,042) | 135,281,303
Lease liabilities | 17,638,289 | (6,412) | - | - | - | 557,476 | - | (643,191) | 17,546,162
Total others financial liabilities non-current | 161,001,732 | (16,622,790) | - | 91,326,177 | - | 3,868,697 | - | (11,545,547) | 228,028,269
Total Other financial liabilities | 189,108,199 | (113,742,755) | (10,242,360) | 184,007,587 | 12,309,286 | 1,799,607 | - | 7,396,030 | 270,635,594

X
- Definition Text Block. + References No definition available. + Details
Name: | ccu_TextBlockAbstract
Namespace Prefix: | ccu_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for leases. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 16 -IssueDate 2020-01-01 -Section Presentation -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=16&code=ifrs-tx-2020-en-r&doctype=Standard&dita_xref=IFRS16_g47-50_TI -URIDate 2020-01-01 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 16 -IssueDate 2020-01-01 -Section Disclosure -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=16&code=ifrs-tx-2020-en-r&doctype=Standard&dita_xref=IFRS16_g51-60_TI -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfLeasesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration