XML 65 R45.htm IDEA: XBRL DOCUMENT v3.21.1
Summary of significant accounting policies (Tables)
 12 Months Ended
Dec. 31, 2020
Summary Of Significant Accounting Policies [Abstract]  
Information About Explanation Of Not Applied New Standards Or Interpretations [Text Block]
These standards are required to be applied by the following dates:
 
Next Standard Improvements and Amendments
Mandatory for years 
beginning in:
Amendments to IAS 1Presentation of financial statements, and accounting policies, changes in accounting estimates and errors.
January 1, 2022
IFRS 17Insurance contracts.
January 1, 2023
 
 
 
Exchange Rates Of Foreign Currencies Used For Financial Statements [Text Block]
The exchange rates of the primary foreign currencies, adjustment units and index used in the preparation of the consolidated financial statements are detailed as follows:
 
Chilean Pesos as per unit of foreign currency or adjustable unit
As of December 31,
2020
As of December 31,
2019
As of December 31,
2018
Ch$
Ch$
Ch$
Foreign currencies
 
 
 
 
 
US Dollar
USD
 
710.95
748.74
694.77
Average US Dollar
Average USD
 
734.73
770.39
681.99
Euro
EUR
 
873.30
839.58
794.75
Argentine Peso
ARS
 
8.45
12.50
18.43
Uruguayan Peso
UYU
 
16.79
20.07
21.44
Canadian Dollar
CAD
 
557.00
573.26
509.62
Sterling Pound
GBP
 
967.15
983.24
882.36
Paraguayan Guarani
PYG
 
0.10
0.12
0.12
Swiss Franc
CHF
 
804.97
773.81
706.00
Bolivian
BOB
 
102.15
107.58
101.28
Australian Dollar
AUD
 
545.88
524.25
489.17
Danish Krone
DKK
 
117.40
112.41
106.44
Brazilian Real
BRL
 
137.33
186.51
179.59
Colombian Peso
COP
 
0.21
0.23
0.21
Adjustment units
 
 
 
 
 
Unidad de fomento (*)
UF
 
29,070.33
28,309.94
27,565.79
Unidad indexada  (**)
UI
 
80.45
87.98
86.19
 
 
 
 
 
 
(*) The Unidad de Fomento (UF) is a Chilean inflation-indexed, Chilean peso-denominated monetary unit. The UF rate is set daily in advance based on changes in the previous month´s inflation rate.
(**) The Unidad Indexada (UI) is a Uruguay inflation-indexed, Uruguayan peso-denominated monetary unit. The UI rate is set daily in advance based on changes in the previous month´s inflation rate.
Identity Of Price Index table text block [Table Text Block]
 
Index used in hyperinflationary economies
As of
December 31,
2020
As of
December 31,
2019
As of
December 31,
2018
 
Argentina Consumer Price Index
 
 
384.01
284.14
284.14
Index percentage variation of Argentina Consumer Price Index
 
 
35.5%
54.2%
54.2%
 
 
 
 
 
 
Useful lives or depreciation rates, property, plant and equipment [Text Block]
The estimated useful lives of property, plant and equipment are detailed as follows:
 
Type of Assets
Number of years
Land
Indefinite
Buildings and Constructions
20 to 60
Machinery and equipment
10 to 25
Fumiture and accesories
5 to 10
Other equipment (coolers and mayolicas)
5 to 8
Glass containers, and plastic containers
3 to 12
Vines in production
30