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Financial Instruments (Tables)
 12 Months Ended
Dec. 31, 2023
Notes and other explanatory information [abstract]  
Schedule of carrying amount financial instrument category
       
  As of December 31, 2023 As of December 31, 2022
  Current Non-current Current Non-current
  ThCh$ ThCh$ ThCh$ ThCh$
Derivatives not designated as hedges 282,032 – 421,051 –
Marketable securities and investments in other companies 3,314,469 – 11,956,585 –
Derivatives designated as hedges 3,844,149 29,981,745 33,280,356 37,054,245
Total others financial assets 7,440,650 29,981,745 45,657,992 37,054,245
Accounts receivavble - trade and other current receivables (net) 446,486,753 3,313,742 445,263,536 3,941,760
Accounts receivable from related parties 9,040,528 42,506 6,204,099 42,506
Total accounts receivables 455,527,281 3,356,248 451,467,635 3,984,266
Sub-Total financial assets 462,967,931 33,337,993 497,125,627 41,038,511
Cash and cash equivalents 618,154,016 – 597,081,675 –
Total financial assets 1,081,121,947 33,337,993 1,094,207,302 41,038,511
Bank borrowings 24,494,870 174,074,170 134,737,116 84,839,970
Bond payable 38,650,859 1,050,838,488 30,871,086 1,081,682,928
Deposits for return of bottles and containers 11,774,922 – 11,912,090 –
Put option liability (1) 28,554,669 – – –
Total financial liabilities measured at amortized cost 103,475,320 1,224,912,658 177,520,292 1,166,522,898
Derivatives not designated as hedges 468,541 – 3,753,264 –
Derivatives designated as hedges 3,207,739 9,333,449 4,605,695 9,183,801
Total financial derivative liabilities 3,676,280 9,333,449 8,358,959 9,183,801
Total others financial liabilities (*) 107,151,600 1,234,246,107 185,879,251 1,175,706,699
Lease Liabilities 7,142,360 34,061,739 9,120,616 31,306,552
Total lease liabilities (**) 7,142,360 34,061,739 9,120,616 31,306,552
Accounts receivavble - trade and other current receivables 434,974,163 88,596 491,315,277 20,945
Accounts payable to related parties 55,140,630 536,083 34,282,408 –
Total commercial obligations and other accounts payable 490,114,793 624,679 525,597,685 20,945
Total financial liabilities 604,408,753 1,268,932,525 720,597,552 1,207,034,196
         

 

(1)See Note 1 - General information, letter C, number (10).
(*)See Note 21 - Other financial liabilities.
(**)See Note 22 - Lease liabilities.
Schedule of financial assets and liabilities
       
  As of December 31, 2023 As of December 31, 2022
  Book Value Fair Value Book Value Fair Value
  ThCh$ ThCh$ ThCh$ ThCh$
Derivatives not designated as hedges 282,032 282,032 421,051 421,051
Marketable securities and investments in other companies 3,314,469 3,314,469 11,956,585 11,956,585
Derivatives designated as hedges 33,825,894 33,825,894 70,334,601 70,334,601
Total others financial assets 37,422,395 37,422,395 82,712,237 82,712,237
Accounts receivavble - trade and other current receivables (net) 449,800,495 449,800,495 449,205,296 449,205,296
Accounts receivable from related parties 9,083,034 9,083,034 6,246,605 6,246,605
Total accounts receivables 458,883,529 458,883,529 455,451,901 455,451,901
Sub-Total financial assets 496,305,924 496,305,924 538,164,138 538,164,138
Cash and cash equivalents 618,154,016 618,154,016 597,081,675 597,081,675
Total financial assets 1,114,459,940 1,114,459,940 1,135,245,813 1,135,245,813
Bank borrowings 198,569,040 202,837,636 219,577,086 222,603,740
Bond payable 1,089,489,347 963,749,615 1,112,554,014 1,012,325,805
Deposits for return of bottles and containers 11,774,922 11,774,922 11,912,090 11,912,090
Put option liability (1) 28,554,669 28,554,669 – –
Total financial liabilities measured at amortized cost 1,328,387,978 1,206,916,842 1,344,043,190 1,246,841,635
Derivatives not designated as hedges 468,541 468,541 3,753,264 3,753,264
Derivatives designated as hedges 12,541,188 12,541,188 13,789,496 13,789,496
Total financial derivative liabilities 13,009,729 13,009,729 17,542,760 17,542,760
Total others financial liabilities (*) 1,341,397,707 1,219,926,571 1,361,585,950 1,264,384,395
Lease Liabilities 41,204,099 41,204,099 40,427,168 40,427,168
Total lease liabilities (**) 41,204,099 41,204,099 40,427,168 40,427,168
Accounts receivavble - trade and other current receivables 435,062,759 435,062,759 491,336,222 491,336,222
Accounts payable to related parties 55,676,713 55,676,713 34,282,408 34,282,408
Total commercial obligations and other accounts payable 490,739,472 490,739,472 525,618,630 525,618,630
Total financial liabilities 1,873,341,278 1,751,870,142 1,927,631,748 1,830,430,193
         

 

(1)See Note 1 - General information, letter C, number (10).

(*) See Note 21 - Other financial liabilities.

(**) See Note 22 - Lease liabilities.
Schedule of financial instruments category
       
As of December 31, 2023 Fair value with changes in income Financial assets measured at amortized cost Fair value with changes in comprehension income Total
ThCh$ ThCh$ ThCh$ ThCh$
Financial assets        
Derivatives not designated as hedges 282,032 – – 282,032
Marketable securities and investments in other companies 3,314,469 – – 3,314,469
Derivatives designated as hedges – – 33,825,894 33,825,894
Total others financial assets 3,596,501 – 33,825,894 37,422,395
Cash and cash equivalents – 618,154,016 – 618,154,016
Trade and other receivable (net) – 449,800,495 – 449,800,495
Accounts receivable from related parties – 9,083,034 – 9,083,034
Total financial assets 3,596,501 1,077,037,545 33,825,894 1,114,459,940

 

 

 

As of December 31, 2023 Fair value with changes in income Fair value with changes in comprehension income Financial liabilities measured at amortized cost Total
ThCh$ ThCh$ ThCh$ ThCh$
Financial liabilities        
Bank borrowings – – 198,569,040 198,569,040
Bond payable – – 1,089,489,347 1,089,489,347
Deposits for return of bottles and containers – – 11,774,922 11,774,922
Derivatives not designated as hedges 468,541 – – 468,541
Derivatives designated as hedges – 12,541,188 – 12,541,188
Put option liability – – 28,554,669 28,554,669
Total Others financial liabilities 468,541 12,541,188 1,328,387,978 1,341,397,707
Lease liabilities – – 41,204,099 41,204,099
Trade and other current payables – – 435,062,759 435,062,759
Accounts payable to related parties – – 55,676,713 55,676,713
Total financial liabilities 468,541 12,541,188 1,860,331,549 1,873,341,278

 

 

 

As of December 31, 2022 Fair value with changes in income Financial assets measured at amortized cost Fair value with changes in comprehension income Total
ThCh$ ThCh$ ThCh$ ThCh$
Financial assets        
Derivatives not designated as hedges 421,051 – – 421,051
Marketable securities and investments in other companies 11,956,585 – – 11,956,585
Derivatives designated as hedges – – 70,334,601 70,334,601
Total others financial assets 12,377,636 – 70,334,601 82,712,237
Cash and cash equivalents – 597,081,675 – 597,081,675
Trade and other receivable (net) – 449,205,296 – 449,205,296
Accounts receivable from related parties – 6,246,605 – 6,246,605
Total financial assets 12,377,636 1,052,533,576 70,334,601 1,135,245,813

 

As of December 31, 2022 Fair value with changes in income Fair value with changes in comprehension income Financial liabilities measured at amortized cost Total
ThCh$ ThCh$ ThCh$ ThCh$
Financial liabilities        
Bank borrowings – – 219,577,086 219,577,086
Bond payable – – 1,112,554,014 1,112,554,014
Deposits for return of bottles and containers – – 11,912,090 11,912,090
Derivatives not designated as hedges 3,753,264 – – 3,753,264
Derivatives designated as hedges – 13,789,496 – 13,789,496
Total Others financial liabilities 3,753,264 13,789,496 1,344,043,190 1,361,585,950
Lease liabilities – – 40,427,168 40,427,168
Trade and other current payables – – 491,336,222 491,336,222
Accounts payable to related parties – – 34,282,408 34,282,408
Total financial liabilities 3,753,264 13,789,496 1,910,088,988 1,927,631,748
Schedule of derivative instruments
               
  As of December 31, 2023 As of December 31, 2022
Number of agreements Nominal amounts thousand Asset Liability Number of agreements Nominal amounts thousand Asset Liability
ThCh$ ThCh$ ThCh$ ThCh$
Cross currency swaps UF/CLP 2 4,625 32,586,117 12,129,230 5 11,455 69,024,803 13,389,059
Less than a year
     3,844,149 2,795,781     33,280,356 4,205,258
Between 1 and 5 years     15,028,294 9,333,449     18,986,487 9,183,801
More than 5 years     13,713,674 –     16,757,960 –
Cross currency  swaps UF/EURO 1 296 1,059,999 49,840 1 296 1,243,303 45,392
Less than a year     – 49,840     – 45,392
Between 1 and 5 years     1,059,999 –     1,243,303 –
Cross currency swaps UF/USD 1 479 179,778 362,118 1 479 66,495 355,045
Less than a year     – 362,118     – 355,045
Between 1 and 5 years     179,778 –     66,495 –
Subtotal hedging derivatives 4   33,825,894 12,541,188 7   70,334,601 13,789,496
Forwards USD 22 141,145 252,476 408,679 27 154,156 293,023 3,699,120
Less than a year 22 141,145 252,476 408,679     293,023 3,699,120
Forwards Euro 6 6,275 3,553 34,468 6 12,860 13,999 52,421
Less than a year 6 6,275 3,553 34,468     13,999 52,421
Forwards CAD 2 2,000 – 25,394 2 1,870 90,550 –
Less than a year 2 2,000 – 25,394     90,550 –
Forwards GBP 3 752 26,003 – 3 774 23,479 1,723
Less than a year     26,003 –     23,479 1,723
Subtotal derivatives with effects on income 33   282,032 468,541 38   421,051 3,753,264
Total instruments 37   34,107,926 13,009,729 45   70,755,652 17,542,760
Schedule of cash flow hedges related to loans from Banco de Chile and Banco Scotiabank
             
As of December 31, 2023
Entity Nature of risks covered Assets Liabilities Fair value of net asset (liabilities) Maturity
Currency Amount Currency Amount Amount
ThCh$ ThCh$ ThCh$
Banco Santander - Chile Flow by exchange rate on bonds payable UF 81,405,269 CLP 79,820,831 1,584,438 03-15-2032
Banco Santander - Chile Flow by exchange rate on bonds payable UF 94,104,646 CLP 75,232,197 18,872,449 06-01-2027
Scotiabank Chile Flow by exchange rate on bonds payable UF 17,020,211 USD 17,202,551 (182,340) 06-01-2025
Scotiabank Chile Flow by exchange rate on bonds payable UF 10,558,552 EUR 9,548,393 1,010,159 06-02-2025
               

 

As of December 31, 2022
Entity Nature of risks covered Assets Liabilities Fair value of net asset (liabilities) Maturity
Currency Amount Currency Amount Amount
ThCh$ ThCh$ ThCh$
Banco Santander - Chile Flow by exchange rate on bonds payable UF 82,322,384 CLP 80,933,348 1,389,036 03-15-2032
Banco Santander - Chile Flow by exchange rate on bonds payable UF 105,013,688 CLP 85,070,350 19,943,338 08-10-2023
Banco Santander - Chile Flow by exchange rate on bonds payable UF 100,564,068 CLP 81,917,436 18,646,632 06-01-2023
Scotiabank Chile Flow by exchange rate on bonds payable UF 69,182,555 CLP 55,845,532 13,337,023 06-01-2023
Scotiabank Chile Flow by exchange rate on bonds payable UF 51,120,767 CLP 48,801,052 2,319,715 03-15-2030
Scotiabank Chile Flow by exchange rate on bonds payable UF 16,322,595 USD 16,611,145 (288,550) 06-01-2025
Scotiabank Chile Flow by exchange rate on bonds payable UF 10,102,729 EUR 8,904,818 1,197,911 06-02-2025
               
Schedule of fair value of financial instruments recorded at fair value consolidated statement
       
As of December 31, 2023 Recorded fair value Fair value hierarchy
level 1 level 2 level 3
ThCh$ ThCh$ ThCh$ ThCh$
Derivatives not designated as hedges 282,032 – 282,032 –
Marketable securities and investments in other companies 3,314,469 3,314,469 – –
Derivatives designated as hedges 33,825,894 – 33,825,894 –
Total others financial assets 37,422,395 3,314,469 34,107,926 –
Derivatives not designated as hedges 468,541 – 468,541 –
Derivative designated as hedges 12,541,188 – 12,541,188 –
Total financial derivative liabilities 13,009,729 – 13,009,729 –
         
         

 

As of December 31, 2022 Recorded fair value Fair value hierarchy
level 1 level 2 level 3
ThCh$ ThCh$ ThCh$ ThCh$
Derivatives not designated as hedges 421,051 – 421,051 –
Marketable securities and investments in other companies 11,956,585 11,956,585 – –
Derivatives designated as hedges 70,334,601 – 70,334,601 –
Total others financial assets 82,712,237 11,956,585 70,755,652 –
Derivatives not designated as hedges 3,753,264 – 3,753,264 –
Derivative designated as hedges 13,789,496 – 13,789,496 –
Total financial derivative liabilities 17,542,760 – 17,542,760 –