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Investments accounted for using equity method (Tables)
 12 Months Ended
Dec. 31, 2020
Disclosure of investments accounted for using equity method [Abstract]  
Investments In Joint Ventures And Associates [Text Block]
The share value of investments in joint ventures and associates are detailed as follows:
 
 
Percentage of
participation
As of December
31, 
2020
As of December
31, 
2019
%
ThCh$
ThCh$
Cervecería Austral S.A.
50.00
9,968,250
8,607,390
Foods Compañía de Alimentos CCU Ltda. (1)
50.00
-
1,709,803
Central Cervecera de Colombia S.A.S.
50.00
28,125,779
25,334,386
Zona Franca Central Cervecera S.A.S.
50.00
91,652,215
99,278,045
Total joint ventures
 
129,746,244
134,929,624
Other companies
 
1,360,541
1,168,438
Total associated
 
1,360,541
1,168,438
Total
 
131,106,785
136,098,062
(1) See
Note 16 - Investments accounted for by the equity method, number (2).
Disclosure Of Acquisition Of Joint Ventures And Associates Reported Net Of Impairment Loss [Text Block]
The abovementioned values include goodwill generated in the acquisition of the following joint venture and associate, which are presented net of any impairment loss:
 
 
 
As of December 31,
2020
As of December 31,
2019
ThCh$
ThCh$
Cervecería Austral S.A.
 
1,894,770
1,894,770
Total
 
1,894,770
1,894,770
 
Disclosure Of Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method [Text Block]
The result accrued in joint ventures and associates are detailed as follows:
 
 
For the years ended as of December 31,
2020
2019
2018
ThCh$
ThCh$
ThCh$
Cervecería Austral S.A.
1,799,437
1,930,395
1,638,811
Foods Compañía de Alimentos CCU Ltda.
(354,154)
897,526
792,376
Central Cervecera de Colombia S.A.S.
(11,577,019)
(18,755,448)
(11,804,950)
Zona Franca Central Cervecera S.A.S.
1,690,661
(562,416)
(391,465)
Total joint ventures
(8,441,075)
(16,489,943)
(9,765,228)
Bebidas Bolivianas BBO S.A.
-
-
(921,812)
Other companies (1)
3,866
58,184
(128,480)
Total associated
3,866
58,184
(1,050,292)
Total
(8,437,209)
(16,431,759)
(10,815,520)
(1)
   
See
Note 15 – Business combinations, letter a)
.
(2)
   
See
Note 15 – Business combinations, letter d)
.
Changes In Investments In Joint Ventures And Associates [Text Block]
Changes in investments in joint ventures and associates are detailed as follows:
 
 
As of December 31,
2020
As of December 31,
2019
ThCh$
ThCh$
Balance at the beginning of year
136,098,062
142,017,781
Other payments to acquire interests in joint ventures
19,287,372
13,549,638
Participation in the joint ventures and associates (loss)
(8,437,209)
(16,431,759)
Capital decrease (1)
(1,355,651)
(11,200,000)
Dividends received
(423,669)
(614,591)
Business combinations (2)
-
(241,885)
Others (*)
(14,062,120)
9,018,878
Total
131,106,785
136,098,062
(1)
   
See
Note 16 – Investments accounted for using equity method, number (2).
(2)
   
See
Note 15 – Business combinations letter d).
(*) Mainly includes effects from the conversion of joint ventures.
Summary Of Significant Financial Information Related To Joint Ventures And Associates [Text Block]
As of December 31, 2020 and 2019, the significant items of the financial statements of 100% of joint ventures and associates are summarized as follows:
 
 
Joint ventures
As of December 31,
2020
As of December 31,
2019
ThCh$
ThCh$
Assets and Liabilities
 
 
Current assets
86,429,862
135,905,220
Non-current assets
290,767,946
319,779,443
Current liabilities
58,255,727
122,826,437
Non-current liabilities
62,082,064
65,850,124
 
 
 
 
 
Joint ventures
 
For the years ended as of December 31,
2020
2019
2018
ThCh$
ThCh$
ThCh$
Income Statement (Summarized)
 
 
 
Net sales
186,220,125
124,808,755
70,296,729
Operating result
(17,903,426)
(42,670,725)
(21,173,985)
Net income for year
(17,637,644)
(31,752,130)
(19,886,274)
Other comprehensive income
10,808,355
(49,363,608)
(24,720,721)
Depreciation and amortization
(16,209,859)
(11,386,595)
(2,656,715)