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v3.21.1

Financial Instruments (Tables) | 12 Months Ended
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Dec. 31, 2020
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, 2020 | As of December 31, 2019
| Current | Non-current | Current | Non-current
| ThCh$ | ThCh$ | ThCh$ | ThCh$
Derivative financial instruments | 222,443 | - | 3,412,197 | -
Market securities and investments in other companies | 7,329,096 | - | 6,245,817 | -
Derivatives designated as hedges | 4,661,049 | 11,953,435 | 157,344 | 4,670,538
Total other financial assets | 12,212,588 | 11,953,435 | 9,815,358 | 4,670,538
Accounts receivable - trade and other receivable (net) | 275,387,923 | 1,860,635 | 300,013,940 | 3,224,627
Accounts receivable from related parties | 5,313,079 | 132,555 | 3,278,685 | 118,122
Total accounts receivables | 280,701,002 | 1,993,190 | 303,292,625 | 3,342,749
Sub-Total financial assets | 292,913,590 | 13,946,625 | 313,107,983 | 8,013,287
Cash and cash equivalents | 396,389,016 | - | 196,369,224 | -
Total financial assets | 689,302,606 | 13,946,625 | 509,477,207 | 8,013,287
Bank borrowings | 37,754,705 | 88,151,400 | 42,447,438 | 99,749,082
Bonds payable | 7,691,023 | 324,725,456 | 6,744,739 | 133,806,947
Deposits for return of bottles and containers | 14,116,167 | - | 13,290,754 | -
Total financial liabilities measured at amortized cost | 59,561,895 | 412,876,856 | 62,482,931 | 233,556,029
Derivatives not designated as hedges | 4,243,939 | - | 240,394 | -
Derivatives designated as hedges | 5,323,640 | - | 805,306 | -
Total financial derivative liabilities | 9,567,579 | - | 1,045,700 | -
Total other financial liabilities (*) | 69,129,474 | 412,876,856 | 63,528,631 | 233,556,029
Lease Liabilities | 4,934,639 | 27,200,272 | 4,857,097 | 28,213,259
Total lease liabilities (**) | 4,934,639 | 27,200,272 | 4,857,097 | 28,213,259
Account payable- trade and other payable | 324,521,077 | 19,875 | 306,655,558 | 26,550
Accounts payable to related parties | 18,432,354 | - | 8,979,434 | -
Total commercial obligations and other accounts payable | 342,953,431 | 19,875 | 315,634,992 | 26,550
Total financial liabilities | 417,017,544 | 440,097,003 | 384,020,720 | 261,795,838
(*) See Note 21 - Other financial liabilities . (**) See Note 22 - Lease liabilities .
Disclosure of financial assets and liabilities at fair value category [Text Block] | a) Financial assets and liabilities are detailed as follows:
| As of December 31, 2020 | As of December 31, 2019
| Book Value | Fair Value | Book Value | Fair Value
| ThCh$ | ThCh$ | ThCh$ | ThCh$
Derivative financial instruments | 222,443 | 222,443 | 3,412,197 | 3,412,197
Market securities and investments in other companies | 7,329,096 | 7,329,096 | 6,245,817 | 6,245,817
Derivatives designated as hedges | 16,614,484 | 16,614,484 | 4,827,882 | 4,827,882
Total other financial assets | 24,166,023 | 24,166,023 | 14,485,896 | 14,485,896
Accounts receivable - trade and other receivable (net) | 277,248,558 | 277,248,558 | 303,238,567 | 303,238,567
Accounts receivable from related parties | 5,445,634 | 5,445,634 | 3,396,807 | 3,396,807
Total accounts receivables | 282,694,192 | 282,694,192 | 306,635,374 | 306,635,374
Sub-Total financial assets | 306,860,215 | 306,860,215 | 321,121,270 | 321,121,270
Cash and cash equivalents | 396,389,016 | 396,389,016 | 196,369,224 | 196,369,224
Total financial assets | 703,249,231 | 703,249,231 | 517,490,494 | 517,490,494
Bank borrowings | 125,906,105 | 131,188,200 | 142,196,520 | 149,583,520
Bonds payable | 332,416,479 | 373,570,478 | 140,551,686 | 189,670,078
Deposits for return of bottles and containers | 14,116,167 | 14,116,167 | 13,290,754 | 13,290,754
Total financial liabilities measured at amortized cost | 472,438,751 | 518,874,845 | 296,038,960 | 352,544,352
Derivatives not designated as hedges | 4,243,939 | 4,243,939 | 240,394 | 240,394
Derivatives designated as hedges | 5,323,640 | 5,323,640 | 805,306 | 805,306
Total financial derivative liabilities | 9,567,579 | 9,567,579 | 1,045,700 | 1,045,700
Total other financial liabilities (*) | 482,006,330 | 528,442,424 | 297,084,660 | 353,590,052
Lease Liabilities | 32,134,911 | 32,134,911 | 33,070,356 | 33,070,356
Total lease liabilities (**) | 32,134,911 | 32,134,911 | 33,070,356 | 33,070,356
Account payable- trade and other payable | 324,540,952 | 324,540,952 | 306,682,108 | 306,682,108
Accounts payable to related parties | 18,432,354 | 18,432,354 | 8,979,434 | 8,979,434
Total commercial obligations and other accounts payable | 342,973,306 | 342,973,306 | 315,661,542 | 315,661,542
Total financial liabilities | 857,114,547 | 903,550,641 | 645,816,558 | 702,321,950
(*) See Note 21 - Other financial liabilities . (**) See Note 22 - Lease liabilities .
Disclosure of financial instruments categories [Text Block] | b) Financial instruments by category:
As of December 31, 2020 | Fair value with changes in income | Financial assets measured at amortized cost | Hedge derivatives | Total
ThCh$ | ThCh$ | ThCh$ | ThCh$
Financial assets |  |  |  |
Derivative financial instruments | 222,443 | - | - | 222,443
Marketable securities and investments in other companies | 7,329,096 | - | - | 7,329,096
Derivatives designated as hedges | - | - | 16,614,484 | 16,614,484
Total other financial assets | 7,551,539 | - | 16,614,484 | 24,166,023
Cash and cash equivalents | - | 396,389,016 | - | 396,389,016
Trade and other receivable (net) | - | 277,248,558 | - | 277,248,558
Accounts receivable from related parties | - | 5,445,634 | - | 5,445,634
Total financial assets | 7,551,539 | 679,083,208 | 16,614,484 | 703,249,231
As of December 31, 2020 | Fair value with changes in income | Hedge derivatives | Financial liabilities measured at amortized cost | Total
ThCh$ | ThCh$ | ThCh$ | ThCh$
Financial liabilities |  |  |  |
Bank borrowings | - | - | 125,906,105 | 125,906,105
Bonds payable | - | - | 332,416,479 | 332,416,479
Deposits for return of bottles and containers | - | - | 14,116,167 | 14,116,167
Derivatives not designated as hedges | 4,243,939 | - | - | 4,243,939
Derivatives designated as hedges | - | 5,323,640 | - | 5,323,640
Total Other financial liabilities | 4,243,939 | 5,323,640 | 472,438,751 | 482,006,330
Leases liabilities | - | - | 32,134,911 | 32,134,911
Account payable- trade and other payable | - | - | 324,540,952 | 324,540,952
Accounts payable to related parties | - | - | 18,432,354 | 18,432,354
Total financial liabilities | 4,243,939 | 5,323,640 | 847,546,968 | 857,114,547
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
Derivatives designated as hedges | - | - | 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
Deposits for return of bottles and containers | - | - | 13,290,754 | 13,290,754
Derivatives not designated as hedges | 240,394 | - | - | 240,394
Derivatives designated as hedges | - | 805,306 | - | 805,306
Total Other financial liabilities | 240,394 | 805,306 | 296,038,960 | 297,084,660
Leases liabilities | - | - | 33,070,356 | 33,070,356
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
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, 2020 | As of December 31, 2019
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 | 4 | 10,000 | 16,614,484 | 4,815,182 | 1 | 2,000 | 4,571,984 | 805,306
Less than a year | - | - | 4,661,049 | 4,815,182 | - | - | - | 805,306
Between 1 and 5 years | 4 | 10,000 | 11,953,435 | - | 1 | 2,000 | 4,571,984 | -
Cross currency interest rate swaps USD/EURO | 1 | 11,600 | - | 508,458 | 1 | 11,600 | 255,898 | -
Less than a year | 1 | 11,600 | - | 508,458 | - | - | 157,344 | -
Between 1 and 5 years | - | - | - | - | 1 | 11,600 | 98,554 | -
Total | 5 |  | 16,614,484 | 5,323,640 | 2 |  | 4,827,882 | 805,306
Forwards USD | 21 | 101,418 | 63,143 | 4,118,216 | 14 | 72,593 | 2,989,286 | 160,803
Less than a year | 21 | 101,418 | 63,143 | 4,118,216 | 14 | 72,593 | 2,989,286 | 160,803
Forwards Euro | 5 | 23,884 | 9,819 | 125,723 | 5 | 26,393 | 412,065 | 79,591
Less than a year | 5 | 23,884 | 9,819 | 125,723 | 5 | 26,393 | 412,065 | 79,591
Forwards CAD | 1 | 2,500 | 100,958 | - | 1 | 800 | 10,846 | -
Less than a year | 1 | 2,500 | 100,958 | - | 1 | 800 | 10,846 | -
Forwards GBP | 1 | 800 | 48,523 | - | - | - | - | -
Less than a year | 1 | 800 | 48,523 | - | - | - | - | -
Total | 28 |  | 222,443 | 4,243,939 | 20 |  | 3,412,197 | 240,394
Total instruments | 33 |  | 16,836,927 | 9,567,579 | 22 |  | 8,240,079 | 1,045,700
Disclosure of cash flow hedges related to loans from Banco de Chile and Banco Scotiabank [Text Block] |
As of December 31, 2020
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 loans | USD | 8,288,973 | EUR | 8,797,431 | (508,458) | 06-18-2021
Banco de Chile | Flow interest rate on bank bonds | UF | 53,163,284 | CLP | 48,502,235 | 4,661,049 | 09-15-2021
Banco Santander | Flow interest rate on bank bonds | UF | 99,523,402 | CLP | 96,705,562 | 2,817,840 | 08-10-2023
Scotiabank Chile | Flow interest rate on bank bonds | UF | 63,400,143 | CLP | 61,365,413 | 2,034,730 | 06-01-2023
Banco Santander | Flow interest rate on bank bonds | UF | 94,206,548 | CLP | 91,920,865 | 2,285,683 | 06-01-2023
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
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, 2020 | Recorded fair value | Fair value hierarchy
level 1 | level 2 | level 3
ThCh$ | ThCh$ | ThCh$ | ThCh$
Derivative financial instruments | 222,443 | - | 222,443 | -
Market securities and investments in other companies | 7,329,096 | 7,329,096 | - | -
Derivatives designated as hedges | 16,614,484 | - | 16,614,484 | -
Total other financial assets | 24,166,023 | 7,329,096 | 16,836,927 | -
Derivatives not designated as hedges | 4,243,939 | - | 4,243,939 | -
Derivatives designated as hedges | 5,323,640 | - | 5,323,640 | -
Total financial derivative liabilities | 9,567,579 | - | 9,567,579 | -
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 | - | -
Derivatives designated as hedges | 4,827,882 | - | 4,827,882 | -
Total other financial assets | 14,485,896 | 6,245,817 | 8,240,079 | -
Derivatives not designated as hedges | 240,394 | - | 240,394 | -
Derivatives designated as hedges | 805,306 | - | 805,306 | -
Total financial derivative liabilities | 1,045,700 | - | 1,045,700 | -

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