Embotelladora Andina (AKO-B) 20-F 25 Apr 19 2018 FY Annual report (foreign) Financial data

Document and Entity Information

Document and Entity Information	12 Months Ended
	Dec. 31, 2018shares
Ifrs Statement [line items]
Entity Registrant Name	Andina Bottling Co Inc
Entity Central Index Key	0000925261
Document Type	20-F
Document Period End Date	Dec. 31, 2018
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
Entity Shell Company	false
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	FY
Series A Shares
Ifrs Statement [line items]
Entity Common Stock, Shares Outstanding	473,289,301
Series B Shares
Ifrs Statement [line items]
Entity Common Stock, Shares Outstanding	473,281,303

Consolidated Statements of Fina

Consolidated Statements of Financial Position - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 137,538,613	$ 136,242,116
Other financial assets	683,567	14,138,161
Other non-financial assets	5,948,923	5,611,861
Trade and other accounts receivable, net	174,113,323	191,284,680
Accounts receivable from related companies	9,450,263	5,370,232
Inventory	151,319,709	131,363,000
Current tax assets	2,532,056
Total Current Assets	481,586,454	484,010,050
Non-Current Assets:
Other financial assets	97,362,295	74,259,085
Other non-financial assets	34,977,264	47,394,345
Trade and other receivables	1,270,697	2,395,851
Accounts receivable from related parties	74,340	156,492
Investments accounted for under the equity method	102,410,945	86,809,069
Intangible assets other than goodwill	668,822,553	663,272,878
Goodwill	117,229,173	93,598,217
Property, plant and equipment	710,770,968	659,750,499
Deferred income tax assets		3,212,981
Total Non-Current Assets	1,732,918,235	1,630,849,417
Total Assets	2,214,504,689	2,114,859,467
CURRENT LIABILITIES
Other financial liabilities, current	56,114,977	67,981,405
Trade and other accounts payable, current	238,109,847	257,519,477
Accounts payable to related parties	45,827,859	33,961,437
Provisions	3,485,613	2,676,418
Income taxes payable	9,338,612	3,184,965
Employee benefits current provisions	33,210,979	35,955,643
Other non-financial liabilities, current	33,774,214	27,007,977
Total current liabilities	419,862,101	428,287,322
Other non-current financial liabilities	716,563,778	675,767,201
Non-current accounts payable	735,665	1,132,926
Provisions	58,966,913	62,947,748
Deferred tax liabilities	145,245,948	125,204,566
Post employment benefit liabilities	9,415,541	8,286,355
Total non-current liabilities	930,927,845	873,338,796
Equity:
Issued capital	270,737,574	270,737,574
Retained earnings	462,221,463	335,523,254
Other reserves	110,854,089	185,049,228
Equity attributable to equity holders of the parent	843,813,126	791,310,056
Non-controlling interests	19,901,617	21,923,293
Total Equity	863,714,743	813,233,349
Total Liabilities And Equity	$ 2,214,504,689	$ 2,114,859,467

Consolidated Statements of Inco

Consolidated Statements of Income by Function - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Consolidated Statements of Income by Function
Net sales	$ 1,672,915,799	$ 1,848,878,619	$ 1,777,459,320
Cost of sales	(968,027,774)	(1,069,024,964)	(1,033,910,027)
Gross Profit	704,888,025	779,853,655	743,549,293
Other income	2,609,168	550,834	1,760,899
Distribution expenses	(165,775,484)	(192,927,875)	(183,676,895)
Administrative expenses	(313,742,853)	(348,199,321)	(346,202,795)
Other expenses	(16,057,763)	(16,701,471)	(22,765,167)
Other (loss) gains	(2,707,859)	(2,537,269)	(3,387,377)
Finance income	3,940,244	11,194,375	9,661,692
Financial expenses	(55,014,660)	(55,220,369)	(51,374,971)
Share of profit (loss) of investments in associates and joint ventures accounted for using the equity method	1,411,179	(80,360)	(262,582)
Foreign exchange differences	(1,449,256)	(1,370,910)	(67,518)
Income by indexation units	(5,085,140)	(3,762,930)	(6,378,375)
Net income before income taxes	153,015,601	170,798,359	140,856,204
Income tax expense	(55,564,855)	(51,797,634)	(48,807,093)
Net income	97,450,746	119,000,725	92,049,111
Net income attributable to
Equity holders of the parent	96,603,371	117,835,790	90,525,991
Non-controlling interests	847,375	1,164,935	1,523,120
Net income	$ 97,450,746	$ 119,000,725	$ 92,049,111
Series A Share
Earnings per Share, basic and diluted
Earnings per share	$ 97.20	$ 118.56	$ 91.08
Series B Share
Earnings per Share, basic and diluted
Earnings per share	$ 106.92	$ 130.42	$ 100.19

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Consolidated Statements of Comprehensive Income
Net income	$ 97,450,746	$ 119,000,725	$ 92,049,111
Components of other comprehensive income that will not be reclassified to net income for the period, before taxes
Actuarial losses from defined benefit plans	(63,463)	(329,477)	(29,423)
Components of other comprehensive income that will be reclassified to net income for the period, before taxes
Gain (losses) from exchange rate translation differences	(72,455,525)	(68,831,435)	148,686
Gain (losses) from cash flow hedges	(13,151,841)	(813,844)	(42,836,575)
Income tax related to components of other comprehensive income that will not be reclassified to net income for the period
Income tax benefit related to defined benefit plans	16,184	84,017	7,060
Income tax related to components of other comprehensive income that will be reclassified to net income for the period
Income tax related to exchange rate translation differences	2,476,204	232,666	(2,431,408)
Income tax related to cash flow hedges	2,554,551	167,348	13,301,186
Total other comprehensive income	(80,623,890)	(69,490,725)	(31,840,474)
Total comprehensive income	16,826,856	49,510,000	60,208,637
Equity holders of the parent	16,370,635	48,725,522	59,704,657
Non-controlling interests	$ 456,221	$ 784,478	$ 503,980

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity - CLP ($)		Issued capital	Total other reserves	Reserves for exchange rate differences	Cash flow hedge reserve	Actuarial gains or losses in employee benefits	Other reserves	Retained earnings	Controlling Equity	Non-Controlling interests.	Total
Equity at beginning of period at Dec. 31, 2015		$ 270,737,574,000	$ 284,980,830,000	$ (167,447,157,000)	$ 27,087,214,000	$ (1,796,285,000)	$ 427,137,058,000	$ 274,755,431,000	$ 830,473,835,000	$ 21,060,465,000	$ 851,534,300,000
Comprehensive Income
Net income								90,525,991,000	90,525,991,000	1,523,120,000	92,049,111,000
Other comprehensive income			(30,821,334,000)	(1,297,198,000)	(29,535,389,000)	11,253,000			(30,821,334,000)	(1,019,140,000)	(31,840,474,000)
Total comprehensive income			(30,821,334,000)	(1,297,198,000)	(29,535,389,000)	11,253,000		90,525,991,000	59,704,657,000	503,980,000	60,208,637,000
Dividends								(69,572,910,000)	(69,572,910,000)		(69,572,910,000)
Total changes in equity			(30,821,334,000)	(1,297,198,000)	(29,535,389,000)	11,253,000		20,953,081,000	(9,868,253,000)	503,980,000	(9,364,273,000)
Equity at end of period at Dec. 31, 2016		270,737,574,000	254,159,496,000	(168,744,355,000)	(2,448,175,000)	(1,785,032,000)	427,137,058,000	295,708,512,000	820,605,582,000	21,564,445,000	842,170,027,000
Comprehensive Income
Net income								117,835,790,000	117,835,790,000	1,164,935,000	119,000,725,000
Other comprehensive income			(69,110,268,000)	(68,333,217,000)	(646,496,000)	(130,555,000)			(69,110,268,000)	(380,457,000)	(69,490,725,000)
Total comprehensive income			(69,110,268,000)	(68,333,217,000)	(646,496,000)	(130,555,000)		117,835,790,000	48,725,522,000	784,478,000	49,510,000,000
Dividends								(78,021,048,000)	(78,021,048,000)	(425,630,000)	(78,446,678,000)
Total changes in equity			(69,110,268,000)	(68,333,217,000)	(646,496,000)	(130,555,000)		39,814,742,000	(29,295,526,000)	358,848,000	(28,936,678,000)
Equity at end of period at Dec. 31, 2017		270,737,574,000	185,049,228,000	(237,077,572,000)	(3,094,671,000)	(1,915,587,000)	427,137,058,000	335,523,254,000	791,310,056,000	21,923,293,000	813,233,349,000
Changes for new accounting standards	[1]							79,499,736,000	79,499,736,000		79,499,736,000
Restated opening balance		270,737,574,000	185,049,228,000	(237,077,572,000)	(3,094,671,000)	(1,915,587,000)	427,137,058,000	415,022,990,000	870,809,792,000	21,923,293,000	892,733,085,000
Comprehensive Income
Net income								96,603,371,000	96,603,371,000	847,375,000	97,450,746,000
Other comprehensive income			(80,232,736,000)	(69,596,956,000)	(10,597,290,000)	(38,490,000)			(80,232,736,000)	(391,154,000)	(80,623,890,000)
Total comprehensive income			(80,232,736,000)	(69,596,956,000)	(10,597,290,000)	(38,490,000)		96,603,371,000	16,370,635,000	456,221,000	16,826,856,000
Dividends								(85,475,291,000)	(85,475,291,000)	(2,477,897,000)	(87,953,188,000)
Increase (decrease) from other changes			6,037,597,000		23,029,000		6,014,568,000	36,070,393,000	42,107,990,000		42,107,990,000
Total changes in equity			(74,195,139,000)	(69,596,956,000)	(10,574,261,000)	(38,490,000)	6,014,568,000	47,198,473,000	(26,996,666,000)	(2,021,676,000)	(29,018,342,000)
Equity at end of period at Dec. 31, 2018		$ 270,737,574,000	$ 110,854,089,000	$ (306,674,528,000)	$ (13,668,932,000)	$ (1,954,077,000)	$ 433,151,626,000	$ 462,221,463,000	$ 843,813,126,000	$ 19,901,617,000	$ 863,714,743,000
[1]	It corresponds to the effect of the adoption of IAS 29.

Consolidated Statements of Dire

Consolidated Statements of Direct Cash Flows - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Cash flows provided by Operating Activities
Receipts from the sale of goods and the rendering of services (including taxes)	$ 2,296,830,656	$ 2,388,420,701	$ 2,415,467,366
Payments for Operating Activities
Payments to suppliers for goods and services (including taxes)	(1,526,444,730)	(1,495,009,304)	(1,624,748,620)
Payments to and on behalf of employees	(199,460,816)	(221,146,637)	(210,545,781)
Other payments for operating activities (value-added taxes on purchases, sales and others)	(267,827,342)	(333,155,023)	(280,846,689)
Dividends received	601,022	1,540,090	745,805
Interest payments	(41,353,013)	(53,103,434)	(49,931,807)
Interest received	3,545,313	8,240,023	8,610,102
Income tax payments	(29,904,176)	(40,654,077)	(25,721,727)
Other cash movements (tax on bank debits Argentina and others)	(707,552)	(7,171,991)	(9,582,089)
Cash flows provided by (used in) Operating Activities	235,279,362	247,960,348	223,446,560
Cash flows provided by (used in) Investing Activities
Investment in associates	(15,615,466)	(15,570,161)	(17,586,575)
Proceeds from sale of Property, plant and equipment	260,116	99,421	70,431
Purchase of Property, plant and equipment	(121,063,273)	(168,857,680)	(128,217,485)
Purchase of intangible		(11,923,449)
Proceeds from other long term assets (term deposits over 90 days)	13,883,132	81,258,426	109,824,298
Purchase of other long term assets (term deposits over 90 days)		(41,059,494)	(77,789,768)
Payments on forward, term, option and financial exchange agreements			(217,218)
Payments on forward, term, option and financial exchange agreements	6,403,152	1,374,638
Other payments on purchase of financial instruments	(1,953,309)	(14,153,111)
Net cash flows used in Investing Activities	(118,085,648)	(168,831,410)	(113,916,317)
Cash Flows generated from (used in) Financing Activities
Proceeds from short-term loans obtained	29,850,728	71,801,741	22,188,721
Loan payments	(44,234,859)	(52,146,995)	(47,288,156)
Financial lease liability payments	(2,395,966)	(4,745,884)	(5,533,160)
Dividend payments by the reporting entity	(87,535,698)	(74,968,175)	(67,591,930)
Other inflows (outflows) of cash (Placement and payment of public obligations)	(10,319,483)	(18,286,457)
Net cash flows provided by (used in) generated by Financing Activities	(114,635,278)	(78,345,770)	(98,224,525)
Net increase in cash and cash equivalents before exchange differences	2,558,436	783,168	11,305,718
Effects of exchange differences on cash and cash equivalents	3,574,340	(5,804,932)	797,223
Effects of inflation on cash and cash equivalents in Argentina	(4,836,279)
Net decrease in cash and cash equivalents	1,296,497	(5,021,764)	12,102,941
Cash and cash equivalents at beginning of period	136,242,116	141,263,880	129,160,939
Cash and cash equivalents at end of period	$ 137,538,613	$ 136,242,116	$ 141,263,880

CORPORATE INFORMATION

CORPORATE INFORMATION	12 Months Ended
	Dec. 31, 2018
CORPORATE INFORMATION
CORPORATE INFORMATION	NOTE 1 - CORPORATE INFORMATION Embotelladora Andina S.A. RUT (Chilean Tax Id. N°) 91.144.000-8 (hereafter “Andina,” and together with its subsidiaries, the “Company”) is registered under No. 00124 of the Securities Registry and is regulated by Chile’s Financial Market Commission (previously the Superintendence of Securities and Insurance) pursuant to Law 18.046. The principal activities of Embotelladora Andina S.A. are to manufacture, bottle, commercialize and/or distribute Coca-Cola products and brands registered by The Coca-Cola Company. The Company has operations and is licensed by The Coca-Cola Company in its territories Chile, Brazil, Argentina and Paraguay. In Chile, the geographic areas in which the Company has distribution franchises are regions II, III, IV, XI, XII, Metropolitan Region, Rancagua and San Antonio. In Brazil, in the states of Rio de Janeiro, Espirito Santo, Niteroi, Vitoria, Nova Iguaçu, part of Sao Paulo and part of Minas Gerais. In Argentina, in the provinces of Mendoza, Córdoba, San Luis, Entre Ríos, Santa Fe, Rosario, Santa Cruz, Neuquén, El Chubut, Tierra del Fuego, Río Negro, La Pampa and the western zone of the Province of Buenos Aires. In Paraguay, the franchised territory covers the whole country. Regarding licenses for the territories in Chile, some are in the renewal process and others in October 2023. In Argentina they expire in 2022; in Brazil they are in the renewal process and in Paraguay they expire in 2020. Said licenses are renewable upon the request of the licensee and at the sole discretion of The Coca-Cola Company. These licenses are expected to be renewed under similar conditions on the date of expiration. As of the date of this report, regarding Andina’s principal shareholders, the Controlling Group(1) holds 55.72% of the outstanding shares with voting rights, corresponding to the Series A shares. The head office of Embotelladora Andina S.A. is located on Miraflores 9153, borough of Renca, Santiago, Chile. (1) Controlling Group: Inversiones SH Seis Limitada , Inversiones Cabildo SpA, Inversiones Chucao Limitada, today Inversiones Lleuque Limitada , Inversiones Nueva Delta S.A. , Inversiones Nueva Delta Dos S.A. , Inversiones Las Gaviotas Dos Limitada, today Inversiones Playa Amarilla SpA , Inversiones Playa Negra Dos Limitada, today Inversiones Playa Negra SpA , Inversiones Don Alfonso Dos Limitada, today Inversiones Don Alfonso Limitada , Inversiones El Campanario Dos Limitada, today Inversiones El Campanario Limitada , Inversiones Los Robles Dos Limitada, today Inversiones Los Robles Limitada and Inversiones Las Viñas Dos Limitada, today Inversiones Las Niñas Dos SpA .

BASIS OF PREPARATION OF CONSOLI

BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2018
BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 - BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES 2. 1 Periods covered These Consolidated Financial Statements encompass the following periods: Consolidated Statement of Financial Position: As of December 31, 2018 and 2017. Consolidated Income Statements by Function and Comprehensive Income: For the periods between January 1 and December 31, 2018, 2017 and 2016. Consolidated Statements of Direct Cash Flows: For the periods between January 1 and December 31, 2018, 2017 and 2016. Consolidated Statements of Changes in Equity: Balance and movements between January 1 and December 31, 2018, 2017 and 2016. 2. 2 Basis of preparation The Company’s Consolidated Financial Statements were prepared in accordance with International Financial Reporting Standards (hereinafter "IFRS") issued by the International Accounting Standards Board (hereinafter "IASB"). The consolidated financial statements are presented under the historical cost criteria, although modified by the revaluation of certain financial instruments and derivative instruments. The Company’s 2018 local statutory consolidated financial statements in spanish were approved by the Company’s Board of Directors on February 28, 2019, with subsequent events first being considered through that date. Those local statutory consolidated financial statements consisted of consolidated statement of financial position as of December 31, 2018 and 2017 along with consolidated income statement, consolidated statement of comprehensive income, consolidated statement of changes in equity, and consolidated statement of cash flows (and related disclosures), each for the two years then ended. Those consolidated financial statements were then subsequently approved by the Company’s shareholders during its April 17, 2019 meeting. Included in this 2018 consolidated financial statements are consolidated statement of financial position as of December 31, 2018 and 2017, along with consolidated income statement, consolidated statement of comprehensive income, consolidated statement of changes in equity and consolidated statement of cash flows (and the related disclosures) for each of the three years ended December 31, 2018, 2017 and 2016. This three year presentation of operations, changes in equity and of cash flows is required by the rules of the United States Securities and Exchange Commission. The accompanying English language IFRS consolidated financial statements are consistent with the previously issued local statutory consolidated financial statements. This three year English language IFRS consolidated financial statements were approved for issuances by the Board of Directors during a session held on April 24, 2019, with subsequent events considered through this later date. These Consolidated Financial Statements have been prepared, based on accounting records kept by the Embotelladora Andina S.A. (“Parent Company”) and by other entities forming part thereof. 2.3 Basis of consolidation 2.3.1 Subsidiaries These consolidated financial statements incorporate the financial statements of the Company and the companies controlled by the Company (its subsidiaries). Control is obtained when the Company has power over the investee, when it has exposure or is entitled to variable returns from its involvement in the investee and when it has the ability to use its power to influence the amount of investor returns. They include assets and liabilities as of December 31, 2018 and 2017, and results of operations for the periods between January 1 and December 31, 2018, 2017 and 2016, and cash flows for the periods between January 1 and December 31, 2018, 2017 and 2016. Income or losses from subsidiaries acquired or sold are included in the consolidated financial statements from the effective date of acquisition through the effective date of disposal, as applicable. The acquisition method is used to account for the acquisition of subsidiaries. The consideration transferred for the acquisition of the subsidiary is the fair value of assets transferred, equity securities issued, liabilities incurred or assumed on the date that control is obtained. Identifiable assets acquired, and identifiable liabilities and contingencies assumed in a business combination are accounted for initially at their fair values at the acquisition date. Goodwill is initially measured as the excess of the aggregate of the consideration transferred and the fair value of non-controlling interest over the net identifiable assets acquired and liabilities assumed. If the consideration is less than the fair value of the net assets of the subsidiary acquired, the difference is recognized directly in the income statement. All acquisition related costs are expensed in the period incurred. Intercompany transactions, balances, income, expenses and unrealized gains and losses on transactions between Group companies are eliminated. Accounting policies of subsidiaries are changed to ensure consistency with the policies adopted by the Company, where necessary. The interest of non-controlling shareholders is presented in the consolidated statement of changes in equity and the consolidated statement of income by function under "Non-Controlling Interest" and “Earnings attributable to non-controlling interests", respectively. The consolidated financial statements include all assets, liabilities, income, expenses, and cash flows after eliminating intercompany balances and transactions. The list of subsidiaries included in the consolidation is detailed as follows: Holding control (percentage) 12-31-2018 12-31-2017 Taxpayer ID Name of the Company Direct Indirect Total Direct Indirect Total 59.144.140-K Abisa Corp S.A. — 99.99 99.99 — 99.99 99.99 Foreign Aconcagua Investing Ltda. 0.71 99.28 99.99 0.71 99.28 99.99 96.842.970-1 Andina Bottling Investments S.A. 99.90 0.09 99.99 99.90 0.09 99.99 96.972.760-9 Andina Bottling Investments Dos S.A. 99.90 0.09 99.99 99.90 0.09 99.99 Foreign Andina Empaques Argentina S.A. — 99.98 99.98 — 99.98 99.98 96.836.750-1 Andina Inversiones Societarias S.A. 99.98 0.01 99.99 99.98 0.01 99.99 76.070.406-7 Embotelladora Andina Chile S.A. 99.99 — 99.99 99.99 — 99.99 Foreign Embotelladora del Atlántico S.A. 0.92 99.07 99.99 0.92 99.07 99.99 96.705.990-0 Envases Central S.A. 59.27 — 59.27 59.27 — 59.27 96.971.280-6 Inversiones Los Andes Ltda. 99.99 — 99.99 99.99 — 99.99 Foreign Paraguay Refrescos S.A. 0.08 97.75 97.83 0.08 97.75 97.83 76.276.604-3 Red de Transportes Comerciales Ltda. 99.90 0.09 99.99 99.90 0.09 99.99 Foreign Rio de Janeiro Refrescos Ltda. — 99.99 99.99 — 99.99 99.99 78.536.950-5 Servicios Multivending Ltda. 99.90 0.09 99.99 99.90 0.09 99.99 78.861.790-9 Transportes Andina Refrescos Ltda. 99.90 0.09 99.99 99.90 0.09 99.99 96.928.520-7 Transportes Polar S.A. 99.99 — 99.99 99.99 — 99.99 76.389.720-6 Vital Aguas S.A. 66.50 — 66.50 66.50 — 66.50 93.899.000-k Vital Jugos S.A. 15.00 50.00 65.00 15.00 50.00 65.00 2.3. 2 Investments accounted for under the equity method Associates are all entities over which the Company exercises significant influence but does not have control. Investments in associates are accounted for using the equity method of accounting. The Company’s share in profit or loss in associates subsequent to the acquisition date is recognized in the income statement. Unrealized gains in transactions between the Company and its associates are eliminated to the extent of the Company´s interests in those associates. Unrealized losses are also eliminated unless the transaction provides evidence of an impairment on the asset transferred. Accounting policies of the associates are changed, where necessary, to ensure conformity with the policies adopted by the Company. 2. 4 Financial reporting by operating segment IFRS 8 requires that entities disclose information on the results of operating segments. In general, this is information that Management and the Board of Directors use internally to assess performance of segments and allocate resources to them. Therefore, the following operating segments have been determined based on geographic location: · Chilean operations · Brazilian operations · Argentine operations · Paraguayan operations 2.5 Functional currency and presentation currency 2.5.1 Functional currency Items included in the financial statements of each of the entities in the Company are measured using the currency of the primary economic environment in which the entity operates (“functional currency”). The functional currency of each of the Operations is the following: Company Functional currency Andina Empaques Argentina Argentine Peso Embotelladora del Atlántico Argentine Peso Embotelladora Andina Chilean Peso Paraguay Refrescos Guaraní Rio de Janeiro Refrescos Reales Foreign currency transactions are translated into the functional currency using the foreign exchange rates prevailing on the dates of the transactions. Losses and gains in foreign currency resulting from the liquidation of these transactions and the translation at the closing exchange rate of monetary assets and liabilities denominated in foreign currency are recognized in the income statements under foreign exchange rate differences, except when they correspond to cash flow hedges; in which case they are presented in the statement of comprehensive income. Functional currency in hyperinflationary economies According to the criteria established in the International Accounting Standard No. 29 Financial information in Hyperinflationary Economies, as of July 2018, Argentina's economy is considered to be hyperinflationary. This determination was carried out on the basis of a series of qualitative and quantitative criteria, among which the presence of an accumulated inflation rate of more than 100% for three years stands out. In accordance with IAS 29, the financial statements of companies in which Embotelladora Andina S.A. participates in Argentina have been retrospectively restated by applying a general price index to the historical cost, in order to reflect the changes in the purchasing power of the Argentinean peso, as of the closing date of these financial statements. Non-monetary assets and liabilities were re-expressed since February 2003, the last date an inflation adjustment was applied for accounting purposes in Argentina. In this context, it should be mentioned that the group made its transition to IFRS on 1 January 2004, applying the attributed cost exemption for Property, plant and equipment. For consolidation purposes in Embotelladora Andina S.A. and as a result of the adoption of IAS 29, the results and financial situation of our subsidiaries in Argentina were converted to the closing exchange rate (AR/CLP) as of December 31, 2018, in accordance with IAS 21 "Effects of foreign currency exchange rate variations", when dealing with a hyperinflationary economy. Previously, the results of the Argentinean subsidiaries were converted to the average exchange rate of the period, as is the case for the conversion of the results of the rest of the subsidiaries operating in other countries whose economies are not considered hyperinflationary. Whereas the functional and presentation currency of Embotelladora Andina S.A. does not correspond to that of a hyperinflationary economy, according to the guidelines set out in IAS 29, the restatement of comparative periods is not required in the consolidated financial statements of the Group. Inflation for the periods January to December 2018 and 2017 amounted to 47.6% and 24.8%, respectively. The first time adoption of IAS 29 resulted in a positive adjustment in the accumulated results of Embotelladora Andina S.A., for Th$79,499,736 (net of taxes) as of January 1, 2018. On the other hand, during 2018, the adoption of this standard generated earnings by the re-expression of balance sheet accounts for Th$8,516,369, which is recognized in the consolidated income statement under "Income by readjustment units". In addition, since the Argentinean economy was declared as hyperinflationary, a net loss effect was recorded for Th$15,743,592 in the fiscal year’s income, generated by inflation adjustment and translation at the closing exchange rate at December 31, 2018. 2.5.2 Presentation currency The presentation currency is the Chilean peso, which is the functional currency of the parent company, for such purposes, the financial statements of subsidiaries are translated from the functional currency to the presentation currency as indicated below: a. Translation of financial statements whose functional currency does not correspond to hyperinflationary economies (Brazil and Paraguay) Financial statements measured as indicated are translated to the presentation currency as follows: · The balance sheet is translated to the closing exchange rate at the balance sheet date and the income statement is translated at the average monthly exchange rates, the differences that result are recognized in equity under other comprehensive income. · Cash flow income statement are also translated at average exchange rates for each transaction. · When an account receivable from related companies is designated as hedge investment, translation differences are recorded under comprehensive income, net of deferred taxes. On disposal of the investment, such translation differences are recognized in the income statement as part of the gain or loss on the disposal of the investment. b. Conversion of financial statements whose functional currency corresponds to hyperinflationary economies (Argentina) Financial statements measured in their functional currency, with inflation adjustments since they correspond to a hyperinflationary economy, are translated to the presentation currency as follows: · The balance sheet is translated at the closing exchange rate at the balance sheet date; · Results are translated at the closing exchange rate at the balance sheet date · When an account receivable from related companies is designated as hedge investment, translation differences are recorded under comprehensive income, net of deferred taxes. On disposal of the investment, such translation differences are recognized in the income statement as part of the gain or loss on the disposal of the investment. c. Comparative figures According to the IAS, figures of previous years are not adjusted or re-expressed when the presentation currency is that of a non-hyperinflationary economy, as is the case of the Chilean peso, thus, financial statements of previous years are not amended. 2.5.3 Exchange rates and value of the UF Exchange rate to the Chilean Peso US$ R$ Brazilian A$ Argentine UF Unidad de G$ Paraguayan € Date dollar Real Peso Fomento Guaraní Euro 12.31.2018 694.77 179.30 18.43 27,565.79 0.117 794.75 12.31.2017 614.75 185.84 32.96 26,798.14 0.110 739.15 12.31.2016 669.47 205.42 42.13 26,347.98 0.116 705.60 2. 6 Property , plant, and equipment Assets included in Property, plant and equipment are recognized at their historical cost or fair value on the IFRS transition date, less depreciation and cumulative impairment losses. Historical cost of Property, plant and equipment includes expenditures that are directly attributable to the acquisition of the items less government subsidies resulting from the difference between the valuation of liabilities at fair value and the government´s preferential credit rates. Historical cost also includes revaluations and price-level restatements of opening balances (attributable cost) at January 1, 2009, in accordance with the exemptions in IFRS 1. Subsequent costs are included in the asset’s carrying amount or recognized as a separate asset only when it is probable that future economic benefits associated with the items of Property, plant and equipment will flow to the Company and the cost of the item can be measured reliably. The carrying amount of the replaced part is derecognized. Repairs and maintenance are charged to the income statement in the reporting period in which they are incurred. Land is not depreciated. Depreciation on other assets is calculated using the straight-line method to allocate their cost or revalued amounts to their residual values over their estimated useful lives. The estimated useful lives by asset category are: Assets Range in years Buildings - 50 Plant and equipment - 20 Warehouse installations and accessories - 30 Furniture and supplies - 5 Motor vehicles - 7 Other Property, plant and equipment - 8 Bottles and containers - 8 The residual value and useful lives of assets are reviewed and adjusted at the end of each financial statement-reporting period, if appropriate. When the value of an asset is greater than its estimated recoverable amount, the value is written down immediately to its recoverable amount. Gains and losses on disposals of property, plant, and equipment are calculated by comparing the proceeds to the carrying amount and are charged to other expenses by function or other gains, as appropriate. If there are items available for sale and comply with the conditions of IFRS 5 "Non-current assets held for sale and discontinued operations" are separated from Property, plant and equipment and are presented within current assets at the lower value between the book value and its fair value less selling costs. 2.7 Intangible assets and Goodwill 2.7.1 Goodwill Goodwill represents the excess of the consideration transferred over the Company’s interest in the net fair value of the net identifiable assets of the subsidiary and the fair value of the non-controlling interest in the subsidiary on the acquisition date. Since goodwill is an intangible asset with indefinite useful life, it is recognized separately and tested annually for impairment. Goodwill is carried at cost less accumulated impairment losses. Gains and losses on the sale of an entity include the carrying amount of goodwill related to that entity. Goodwill is assigned to each cash generating unit (CGU) or group of cash-generating units, from where it is expected to benefit from the synergies arising from the business combination. Such CGUs or groups of CGUs represent the lowest level in the organization at which goodwill is monitored for internal management purposes. 2.7. 2 Distribution rights Distribution rights are contractual rights to produce and/or distribute products under the Coca-Cola brand and other brands in certain territories in Argentina, Brazil, Chile and Paraguay that were acquired during Business Combination. Distribution rights are born from the process of valuation at fair value of the assets and liabilities of companies acquired in business combinations. Distribution rights have an indefinite useful life and are not amortized, as the Company believes that the agreements will be renewed indefinitely by the Coca-Cola Company with similar terms and conditions. They are subject to impairment tests on an annual basis. 2.7. 3 Software Carrying amounts correspond to internal and external software development costs, which are capitalized once the recognition criteria in IAS 38, Intangible Assets , have been met. Software is amortized in administrative expenses in the consolidated income statement over a period of four years. 2. 8 Impairments of non-financial assets Assets that have an indefinite useful life, such as intangibles related to distribution rights and goodwill, are not amortized and are tested annually for impairment or more frequently if events or changes in circumstances indicate a potential impairment. Assets that are subject to amortization are tested for impairment whenever there is an event or change in circumstances indicating that the carrying amount may not be recoverable. An impairment loss is recognized for the amount by which the carrying value of the asset exceeds its recoverable amount. The recoverable amount is the greater of an asset’s fair value less costs to sell or its value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (cash generating units). 2. 9 Financial assets Pursuant to IFRS 9, except for certain trade accounts receivable, the Group initially measures a financial asset at its fair value plus transaction costs, in the case of a financial asset that is not at fair value, reflecting changes in P&L. According to IFRS 9, financial assets are subsequently measured at fair value with changes in P&L (FVPL), amortized cost or fair value through other comprehensive income (FVOCI). The classification is based on two criteria: The Group's business model for managing assets; and if the contractual cash flows of financial instruments represent "solely payments of principal and interest” on the outstanding principal amount (the “SPPI criterion”). The new classification and measurement of the Group's financial assets is as follows: · Financial asset at amortized cost for financial instruments that are maintained within a business model with the objective of maintaining the financial assets to collect contractual cash flows that meet the SPPI criterion. This category includes the Group’s trade and other accounts receivable. · Financial assets measured at fair value with changes in other comprehensive income (FVOCI), with gains or losses recognized in P&L at the time of liquidation. Financial assets in this category correspond to the Group's instruments that meet the SPPI criterion and are kept within a business model both to collect cash flows and to sell. Other financial assets are classified and subsequently measures as follows: · Equity instruments at fair value with changes in other comprehensive income (FVOCI) without recognizing earnings or losses in P&L at the time of liquidation. This category only includes equity instruments that the Group intends to keep in the foreseeable future and that the Group has irrevocably chosen to classify in this category in the initial recognition or transition. · Financial assets at fair value with changes in P&L (FVPL) include derivative instruments and equity instruments quoted that the Group had not irrevocably chosen to classify at FVOCI in the initial recognition or transition. This category also includes debt instruments whose cash flow characteristics do not comply with the SPPI criterion or are not kept within a business model whose objective is to recognize contractual cash flows or sale. The Group’s financial liabilities accounting, to a large extent continues to be same as the one set forth in IAS 39. Similar to the requirements of IAS 39, IFRS 9 requires that assets for contingent services be treated as financial instruments measured at fair value, with changes in fair value recognized in P&L. Pursuant to IFRS 9, implicit derivatives are no longer separated from a principal financial asset. Financial assets, however, are classified according to contractual terms and the Group’s business model. 2. 10 Derivatives financial instruments and hedging activities The Company and its subsidiaries use derivative financial instruments to mitigate risks relating to changes in foreign currency and exchange rates associated with raw materials, and loan obligations. Derivatives are initially recognized at fair value on the date a derivative contract is entered into and are subsequently re-measured at their fair value. The method of recognizing the resulting gain or loss depends on whether the derivative is designated as a hedging instrument, and if so, the nature of the item being hedged. 2.10. 1 Derivative financial instruments designated as cash flow hedges At the inception of the transaction, the group documents the relationship between hedging instruments and hedged items, as well as its risk management objectives and strategy for undertaking various hedging transactions. The group also documents its assessment, both at hedge inception and on an ongoing basis, of whether the derivatives that are used in hedging transactions are highly effective in offsetting changes in cash flows of hedged items. The effective portion of changes in the fair value of derivatives that are designated and qualify as cash flow hedges is recognized in other comprehensive income. The gain or loss relating to the ineffective portion is recognized immediately in the consolidated income statement within "other gains (losses)”. Amounts accumulated in equity are reclassified to profit or loss in the periods when the hedged item affects profit or loss (for example, when foreign currency denominated financial liabilities are translated into their functional currencies). The gain or loss relating to the effective portion of cross currency swaps hedging the effects of changes in foreign exchange rates are recognized in the consolidated income statement within "foreign exchange differences.” When a hedging instrument expires or is sold, or when a hedge no longer meets the criteria for hedge accounting, any cumulative gain or loss existing in equity at that time remains in equity and is recognized when the forecast transaction is ultimately recognized in the consolidated income statement. 2.10. 2 Derivative financial instruments not designated for hedging The fair value of derivative financial instruments that do not qualify for hedge accounting pursuant to IFRS are immediately recognized in the consolidated income statement under "Other income and losses". The fair value of these derivatives is recorded under "other current financial assets" or "other current financial liabilities" in the statement of financial position.” The Company does not use hedge accounting for its foreign investments. The Company also evaluates the existence of derivatives implicitly in contracts and financial instruments as stipulated by IFRS 9 and classifies them pursuant to their contractual terms and the business model of the group. As of December 31, 2018 and 2017, the Company had no implicit derivatives. Fair value hierarchy The Company maintains assets related to foreign currency derivative contracts which were classified as Other current and non-current financial assets and Other current and non-current financial liabilities, respectively, and are accounted at fair value within the statement of financial position. The Company uses the following hierarchy to determine and disclose the fair value of financial instruments with assessment techniques: Level 1: Quoted (unadjusted) prices in active markets for identical assets or liabilities. Level 2: Inputs other than quoted prices included in Level 1 that are observable for the assets and liabilities, either directly (that is, as prices) or indirectly (that is, derived from prices). Level 3: Inputs for the assets or liabilities that are not based on observable market data information. During the reporting periods there were no transfers of items between fair value measurement categories. All of which were valued during the period using Level 2. 2. 11 Inventories Inventories are stated at the lower of cost and net realizable value. Cost is determined using the weighted average cost method. The cost of finished goods and work in progress includes raw materials, direct labor, other direct costs and manufacturing overhead (based on operating capacity) to bring the goods to marketable condition, but it excludes interest expense. Net realizable value is the estimated selling price in the ordinary course of business, less applicable variable selling expenses. Spare parts and production materials are stated at the lower of cost or net realizable value. Estimates are also made for obsolescence of raw materials and finished products based on turnover and age of the related goods. 2. 12 Trade receivables Trade accounts receivables and other accounts receivable are recognized initially at fair value and subsequently measured at amortized cost less an allowance for expected credit losses, given their short-term nature. An allowance for expected credit losses is made when there is objective evidence that the Company may not be able to collect the full amount according to the original terms of the receivable. The carrying amount of the asset is reduced by the allowance for expected credit losses amount and the loss is recognized in administrative expenses in the consolidated income statement by function. 2. 13 Cash and cash equivalents Cash and cash equivalents include cash on hand, bank balances, time deposits and other short-term highly liquid and low risk of change in value investments and mutual funds with original short-term maturities equal to or less than three months. 2. 14 Other financial liabilities Resources obtained from financial institutions as well as the issuance of debt securities are initially recognized at fair value, net of costs incurred during the transaction. Then, liabilities are valued by accruing interests in order to equal the current value with the future value of liabilities payable, using the effective interest rate method. General and specific borrowing costs directly attributable to the acquisition, construction or production of qualified assets, considered as those that require a substantial period of time in order to get ready for their forecasted use or sale, are added to the cost of those assets until the period in which the assets are substantially ready to be used or sold. 2. 15 Income tax The Company and its subsidiaries in Chile account for income tax according to the net taxable income calculated based on the rules in the Income Tax Law. Subsidiaries in other countries account for income taxes according to the tax regulations of the country in which they operate. Deferred income taxes are calculated using the liability method on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the Consolidated Financial Statements, using the tax rates that have been enacted or substantively enacted on the balance sheet date and are expected to apply when the deferred income tax asset is realized, or the deferred income tax liability is settled. Deferred income tax assets are recognized only to the extent that it is probable that future taxable profits will be available against which the temporary differences can be utilized. The Company does not recognize deferred income taxes for temporary differences from investments in subsidiaries in which the Company can control the timing of the reversal of the temporary differences and it is probable that they will not be reversed in the near future. 2. 16 Employee benefits The Company has a provision to cover indemnities for years of service that will be paid to employees in accordance with individual and collective agreements subscribed with employees, which is recorded at actuarial value in accordance with IAS 19. Results from updated of actuarial variables are recorded within other comprehensive income in accordance with IAS 19. Additionally, the Company has retention plans for some officers, which have a provision pursuant to the guidelines of each plan. These plans grant the right to certain officers to receive a cash payment on a certain date once they have fulfilled with the required years of service. The Company and its subsidiaries have recorded a provision to account for the cost of vacations and other employee benefits on an accrual basis. These liabilities are recorded under current non-financial liabilities. 2. 17 Provisions Provisions for litigation and other contingencies are recognized when the Company has a present legal or constructive obligation as a result of past event, it is probable that an outflow of resources will be required to settle the obligation, and the amount can be reliably estimated. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the obligation. 2. 18 Leases a) Operating leases Operating lease payments are recognized as an expense on a straight-line basis over the term of the lease. b) Finance leases Leases of Property, plant and equipment where the Company has substantially all the risks and rewards of ownership are classified as finance leases that are capitalized at the inception of the lease of the item of Property, plant and equipment at the lower of the fair value of the leased assets and the present value of the minimum lease payments. Each lease payment is allocated between the liability and finance charges. The interest element is charged to the income statement over the lease period so as to produce a constant periodic rate of interest on the remaining balance of the liability for each period.

REPORTING BY SEGMENT

REPORTING BY SEGMENT	12 Months Ended
	Dec. 31, 2018
REPORTING BY SEGMENT
REPORTING BY SEGMENT	NOTE 3 -- REPORTING BY SEGMENT The Company provides information by segments according to IFRS 8 “Operating Segments,” which establishes standards for reporting by operating segment and related disclosures for products and services, and geographic areas. The Company’s Board of Directors and Management measures and assesses performance of operating segments based on the operating income of each of the countries where there are Coca-Cola franchises. The operating segments are determined based on the presentation of internal reports to the Company´s chief strategic decision-maker. The chief operating decision-maker has been identified as the Company´s Board of Directors who makes the Company’s strategic decisions. The following operating segments have been determined for strategic decision making based on geographic location: · Operation in Chile · Operation in Brazil · Operation in Argentina · Operation in Paraguay The four operating segments conduct their businesses through the production and sale of soft drinks and other beverages, as well as packaging materials. Expenses and income managed and paid by the Corporate Office in Chile, which would also be substantially incurred, independent to the existence of foreign subsidiaries, are assigned to the operation in Chile to the soft drinks segment. Total revenues by segment include sales to unrelated customers and inter-segments, as indicated in the consolidated statement of income. A summary of the Company’s operating segments in accordance to IFRS is as follows: Chile Argentina Brazil Paraguay Intercompany Consolidated For the period ended December 31, 2018 Operation Operation (2) Operation Operation Eliminations total ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Softdrinks 390,782,296 330,874,797 326,015,740 118,095,369 (72,170) 1,165,696,032 Other beverages 180,156,806 75,341,941 214,493,809 31,492,883 — 501,485,439 Packaging — 7,343,785 — — (1,609,457) 5,734,328 Net sales 570,939,102 413,560,523 540,509,549 149,588,252 (1,681,627) 1,672,915,799 Cost of sales (336,719,937) (214,647,052) (329,529,112) (88,813,300) 1,681,627 (968,027,774) Distribution expenses (55,798,363) (62,899,574) (38,835,833) (8,241,714) (165,775,484) Administrative expenses (109,373,432) (93,149,904) (88,809,386) (22,410,131) (313,742,853) Finance income 1,686,041 14,750 2,019,489 219,964 — 3,940,244 Finance expense (23,713,774) (192,602) (31,108,284) — — (55,014,660) Interest expense, net (1) (22,027,733) (177,852) (29,088,795) 219,964 — (51,074,416) Share of the entity in income of associates 298,359 — 1,112,820 — — 1,411,179 Income tax expense (22,000,539) (18,874,454) (10,088,988) (4,600,874) — (55,564,855) Other income (loss) (11,540,167) (2,639,386) (8,399,463) (111,834) — (22,690,850) Net income of the segment reported 13,777,290 21,172,301 36,870,792 25,630,363 — 97,450,746 Depreciation and amortization 42,353,664 20,474,446 26,830,835 9,935,501 — 99,594,446 Current assets 228,108,768 80,908,212 135,259,768 37,309,706 — 481,586,454 Non-current assets 644,395,166 160,587,931 679,183,347 248,751,791 — 1,732,918,235 Segment assets, total 872,503,934 241,496,143 814,443,115 286,061,497 — 2,214,504,689 Carrying amount in associates and joint ventures accounted for using the equity method, total 50,136,065 — 52,274,880 — — 102,410,945 Capital expenditures and other 67,709,231 28,702,138 32,536,213 9,684,466 — 138,632,048 Current liabilities 186,831,021 83,013,418 128,146,943 21,870,719 — 419,862,101 Non-current liabilities 477,319,648 17,066,746 420,218,066 16,323,385 — 930,927,845 Segment liabilities, total 664,150,669 100,080,164 548,365,009 38,194,104 — 1,350,789,946 Cash flows provided by in Operating Activities 150,035,425 28,899,457 44,949,860 11,394,620 — 235,279,362 Cash flows (used in) provided by Investing Activities (47,164,236) (28,700,733) (32,536,213) (9,684,466) — (118,085,648) Cash flows (used in) provided by Financing Activities (98,560,576) (10,644,812) (5,099,823) (330,067) — (114,635,278) (1) Financial expenses associated with external financing for the purchase of companies, including capital contributions are presented in this item. (2) Pursuant the application of IAS 19 in Argentina, assets and liabilities increased by ThCh $ 97,318,892 and ThCh $ 16,093,780, respectively. The effect in the income statement was a net loss of ThCh $ 15,743,592. Chile Argentina Brazil Paraguay Intercompany Consolidated For the period ended December 31, 2017 Operation Operation Operation Operation Eliminations total ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Softdrinks 391,629,010 444,872,352 387,545,053 113,314,824 (96,999) 1,337,264,240 Other beverages 160,244,448 99,712,939 216,352,694 27,962,406 — 504,272,487 Packaging — 9,202,768 — — (1,860,876) 7,341,892 Net sales 551,873,458 553,788,059 603,897,747 141,277,230 (1,957,875) 1,848,878,619 Cost of sales (328,579,003) (294,370,581) (362,686,353) (85,346,902) 1,957,875 (1,069,024,964) Distribution expenses (54,777,094) (87,032,428) (43,483,958) (7,634,395) — (192,927,875) Administrative expenses (110,969,260) (106,504,163) (109,095,660) (21,630,238) — (348,199,321) Finance income 19,057,630 2,116,590 6,575,528 257,906 (16,813,279) 11,194,375 Finance expense (32,594,796) (4,663,527) (34,767,713) (7,612) 16,813,279 (55,220,369) Interest expense, net* (13,537,166) (2,546,937) (28,192,185) 250,294 — (44,025,994) Share of the entity in income of associates 246,084 (243) (326,201) — — (80,360) Income tax expense (16,871,257) (17,683,875) (13,719,506) (3,522,996) — (51,797,634) Other income (loss) (11,312,509) (10,441,173) (1,855,039) (213,025) — (23,821,746) Net income of the segment reported 16,073,253 35,208,659 44,538,845 23,179,968 — 119,000,725 Depreciation and amortization 42,688,326 17,648,018 27,879,514 10,948,033 — 99,163,891 Current assets 223,245,173 97,529,488 132,815,545 30,419,844 — 484,010,050 Non-current assets 636,482,010 96,532,150 663,556,969 234,278,288 — 1,630,849,417 Segment assets, total 859,727,183 194,061,638 796,372,514 264,698,132 — 2,114,859,467 Carrying amount in associates and joint ventures accounted for using the equity method, total 33,789,538 — 53,019,531 — — 86,809,069 Capital expenditures and other 64,480,973 40,347,989 91,198,657 14,476,783 — 210,504,402 Current liabilities 169,508,083 105,886,744 135,595,156 17,297,339 — 428,287,322 Non-current liabilities 463,997,113 1,368,167 393,125,740 14,847,776 — 873,338,796 Segment liabilities, total 633,505,196 107,254,911 528,720,896 32,145,115 — 1,301,626,118 Cash flows provided by Operating Activities 79,451,122 38,904,028 98,783,329 30,821,869 — 247,960,348 Cash flows (used in) provided by Investing Activities (49,677,671) (40,344,994) (64,331,960) (14,476,785) — (168,831,410) Cash flows (used in) provided by Financing Activities (91,800,089) 16,891,759 (3,437,440) — — (78,345,770) Chile Argentina Brazil Paraguay Intercompany Consolidated For the period ended December 31, 2016 Operation Operation Operation Operation Eliminations total ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Softdrinks 391,479,133 424,427,824 389,048,385 106,953,951 (334,784) 1,311,574,509 Other beverages 148,948,285 83,518,724 201,097,188 25,051,552 — 458,615,749 Packaging — 9,112,468 — — (1,843,406) 7,269,062 Net sales 540,427,418 517,059,016 590,145,573 132,005,503 (2,178,190) 1,777,459,320 Cost of sales (319,213,825) (279,308,400) (359,156,149) (78,409,843) 2,178,190 (1,033,910,027) Distribution expenses (52,540,986) (80,066,734) (44,107,337) (6,961,838) — (183,676,895) Administrative expenses (117,615,991) (97,788,860) (109,345,331) (21,452,613) — (346,202,795) Finance income 2,426,279 1,095,411 5,800,712 339,290 — 9,661,692 Finance expense (16,262,215) (587,216) (34,504,760) (20,780) — (51,374,971) Interest expense, net* (13,835,936) 508,195 (28,704,048) 318,510 — (41,713,279) Share of the entity in income of associates 717,947 — (980,529) — — (262,582) Income tax expense (19,763,700) (17,427,278) (8,911,762) (2,704,353) — (48,807,093) Other income (loss) (13,481,333) (8,284,072) (9,322,611) 250,478 — (30,837,538) Net income of the segment reported 4,693,594 34,691,867 29,617,806 23,045,844 — 92,049,111 Depreciation and amortization 43,619,318 16,445,143 25,666,094 11,603,897 — 97,334,452 Current assets 251,357,854 115,280,140 150,820,924 35,283,479 — 552,742,397 Non-current assets 644,817,201 98,810,807 659,123,444 243,615,898 — 1,646,367,350 Segment assets, total 896,175,055 214,090,947 809,944,368 278,899,377 — 2,199,109,747 Carrying amount in associates and joint ventures accounted for using the equity method, total 23,854,602 — 53,343,179 — — 77,197,781 Capital expenditures and other 47,755,389 37,029,524 51,779,625 9,239,522 — 145,804,060 Current liabilities 137,438,744 134,624,014 130,279,607 17,192,489 — 419,534,854 Non-current liabilities 509,625,208 (1,981,066) 413,749,384 16,011,340 — 937,404,866 Segment liabilities, total 647,063,952 132,642,948 544,028,991 33,203,829 — 1,356,939,720 Cash flows provided by Operating Activities 71,077,982 54,162,992 67,963,682 30,241,904 — 223,446,560 Cash flows (used in) provided by Investing Activities (15,781,118) (37,017,204) (51,873,047) (9,244,948) — (113,916,317) Cash flows (used in) provided by Financing Activities (23,591,062) (17,777,191) (36,806,173) (20,050,099) — (98,224,525) (*) Financial expenses associated with external financing for the purchase of companies, including capital contributions are presented in this item.

CASH AND CASH EQUIVALENTS

CASH AND CASH EQUIVALENTS	12 Months Ended
	Dec. 31, 2018
CASH AND CASH EQUIVALENTS.
CASH AND CASH EQUIVALENTS	NOTE 4 - CASH AND CASH EQUIVALENTS Cash and cash equivalents are detailed as follows: Description 12.31.2018 12.31.2017 ThCh$ ThCh$ By item Cash 2,907,276 139,835 Bank balances 46,425,927 29,234,531 Time deposits 1,500,315 10,616,688 Mutual funds 86,705,095 96,251,062 Total cash and cash equivalents 137,538,613 136,242,116 By currency ThCh$ ThCh$ Dollar 5,917,041 6,973,298 Euro 51,401 17,245 Argentine Peso 6,726,906 19,681,449 Chilean Peso 86,121,695 80,985,719 Paraguayan Guaraní 10,680,600 6,804,997 Brazilian Real 28,040,970 21,779,408 Total cash and cash equivalents 137,538,613 136,242,116 4. 1 Time deposits Time deposits defined as cash and cash equivalents are detailed as follows: Placement Expiration Institution Currency Principal Annual rate 12.31.2018 12.31.2017 ThCh$ % ThCh$ ThCh$ 12-29-2017 01-05-2018 Banco Santander Chilean pesos 7,500,000 2.52 % — 7,516,275 12-29-2017 01-05-2018 Banco Santander Chilean pesos 2,700,000 2.40 % — 2,700,360 12-29-2017 01-05-2018 Banco Santander Chilean pesos 400,000 2.40 % — 400,053 12-28-2018 01-04-2019 Banco Santander Chilean pesos 700,000 2.52 % 700,147 12-28-2018 01-04-2019 Banco Santander Chilean pesos 800,000 2.52 % 800,168 Total 1,500,315 10,616,688 4. 2 Money Market Money market mutual fund´s shares are valued using the share values at the close of each reporting period. Below is a description for the end of each period: Institution 12.31.2018 12.31.2017 ThCh$ ThCh$ Western Asset Institutional Cash Reserves - USA 15,214,062 3,740,526 Fondo mutuo Banco Chile BTG 13,090,507 5,823,608 Fondo mutuo Larrain Vial - Chile 13,082,767 6,349,486 Fondo mutuo Itaú - Brasil 8,579,254 4,922,923 Fondo mutuo Banco Security - Chile 7,667,585 14,242,343 Fondo mutuo Scotiabank - Chile 7,528,086 5,878,523 Fondo mutuo Santander - Brazil 7,177,468 4,748,368 Fondo mutuo Votorantim 5,630,641 — Fondo mutuo BCI - Chile 4,804,238 — Fondo Fima Premium B - Argentina 2,952,316 1,495,556 Fondo mutuo Banco Estado - Chile — 9,002,000 Fondo mutuo Bradesco - Brazil 978,171 5,046,882 Fondo Fima Ahorro Plus C - Argentina — 8,275,073 Fondo Fima Ahorro Pesos C - Argentina — 8,308,664 Fondo mutuo Corporativo Banchile - Chile — 17,645,940 Citi Institutional Liquid Reserves Limited (CGAM) — 771,170 Total 86,705,095 96,251,062

OTHER CURRENT AND NON-CURRENT F

OTHER CURRENT AND NON-CURRENT FINANCIAL ASSETS	12 Months Ended
	Dec. 31, 2018
OTHER CURRENT AND NON-CURRENT FINANCIAL ASSETS
OTHER CURRENT AND NON-CURRENT FINANCIAL ASSETS	NOTE 5 - OTHER CURRENT AND NON-CURRENT FINANCIAL ASSETS Below are the financial instruments held by the Company other than cash and cash equivalents. They consist of time deposits with short-term maturities (more than 90 days), restricted mutual funds and derivative contracts. Financial instruments are detailed as follows: a) Current portion a.1 Time deposits Placement Maturity Institution Currency Principal Annual rat 12.31.2018 12.31.2017 ThCh$ % 03-15-2018 03-15-2019 Votorantim Brazilian reais 12,729 8.82 % 14,040 — 08-09-2017 02-12-2018 Banco Santander - Chile Unidad de fomento 7,000,000 1.04 % — 7,082,167 09-25-2017 02-26-2018 BCI Unidad de fomento 1,500,000 1.36 % — 1,516,454 09-25-2017 05-28-2018 Banco Santander - Chile Unidad de fomento 5,000,000 0.94 % — 5,049,376 06-13-2017 03-15-2018 Votorantim Brazilian reais 20,013 8.82 % — 21,145 14,040 13,669,142 a.2 Rights in Forward Contracts 12.31.2018 12.31.2017 ThCh$ ThCh$ Rights in Forward Contracts - Forwards (see details in Note 20) 669,527 469,019 Total other Financial Assets, current 683,567 14,138,161 b) Non-current 12.31.2018 12.31.2017 ThCh$ ThCh$ Rights in forward contracts (see note 20) 87,446,662 61,898,833 Rights in AdeS (1) manufacturing companies 13,475,279 14,153,111 Increase (decrease) in foreign currency exchange (2) (3,559,646) (1,792,859) Total 97,362,295 74,259,085 (1) On December 27, 2016, Coca-Cola Andina confirmed to The Coca-Cola Company its decision to participate in the “AdeS” business and commercialize said products in all its franchise territories, As a result, the operation materialized on March 28, 2017, and pursuant to the agreements, implied a disbursement of US$39 million, ThCh$14,153,111 were allocated to the purchase of rights in the manufacturing company “AdeS” and ThCh$11,923,449 were allocated to distribution rights of the “AdeS” products. The rights in the acquired companies are distributed as follows: · Purchase of 13.0% interest in the Argentine company Alimentos de Soya S.A. for ThCh$9,661,283. · Purchase of 8.5% interest in the Brazilian company UBI 3 Participações Ltda. for ThCh$4,491,828. (2) Corresponds to the translation of foreign currencies into the Company’s presentation currency and the result of the application of the IAS 29.

OTHER CURRENT AND NON-CURRENT N

OTHER CURRENT AND NON-CURRENT NON-FINANCIAL ASSETS	12 Months Ended
	Dec. 31, 2018
OTHER CURRENT AND NON-CURRENT NON-FINANCIAL ASSETS
OTHER CURRENT AND NON-CURRENT NON-FINANCIAL ASSETS	NOTE 6 – OTHER CURRENT AND NON-CURRENT NON-FINANCIAL ASSETS Note 6.1 Other current, non-financial assets 12.31.2018 12.31.2017 Description ThCh$ ThCh$ Prepaid expenses 4,967,255 4,839,465 Tax credit remainder 18,022 169,120 Guarantee deposit (Argentine) 3,013 6,608 Other current assets 960,633 596,668 Total 5,948,923 5,611,861 Note 6.2 Other non-current, non-financial assets 12.31.2018 12.31.2017 Description ThCh$ ThCh$ Advance payment to suppliers of property, plant & equipment (1) — 24,269,901 Judicial deposits (see note 21.2) 18,590,597 18,393,546 Fiscal credits 13,222,720 2,287,051 Prepaid expenses 810,662 1,113,154 Others 2,353,285 1,330,693 Total 34,977,264 47,394,345 (1) Corresponds to advance payments made for the construction of the new “Duque de Caxias” bottling plant in Brazil.

TRADE AND OTHER RECEIVABLES

TRADE AND OTHER RECEIVABLES	12 Months Ended
	Dec. 31, 2018
TRADE AND OTHER RECEIVABLES
TRADE AND OTHER RECEIVABLES	NOTE 7 - TRADE AND OTHER RECEIVABLES The composition of trade and other receivables is detailed as follows: 12.31.2018 12.31.2017 Allowance Allowance for Commercial Assets for Commercial Assets before expected debtors net before expected debtors net Trade and other receivables provisions credit losses assets provisions credit losses assets ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Current commercial debtors Trade debtors 150,933,965 (3,205,749) 147,728,216 157,926,958 (3,521,734) 154,405,224 Other current debtors 19,552,539 (2,830,299) 16,722,240 31,015,390 (2,825,453) 28,189,937 Current commercial debtors 170,486,504 (6,036,048) 164,450,456 188,942,348 (6,347,187) 182,595,161 Prepayments suppliers 8,672,820 — 8,672,820 8,057,544 — 8,057,544 Other current accounts receivable 1,252,207 (262,160) 990,047 778,901 (146,926) 631,975 Commercial debtors and other current accounts receivable 180,411,531 (6,298,208) 174,113,323 197,778,793 (6,494,113) 191,284,680 Non-current accounts receivable Trade debtors 66,510 — 66,510 58,336 — 58,336 Other non-current debtors 1,204,187 — 1,204,187 2,335,322 — 2,335,322 Other non-current accounts receivable — — — 2,193 — 2,193 Non-current accounts receivable 1,270,697 — 1,270,697 2,395,851 — 2,395,851 Trade and other receivables 181,682,228 (6,298,208) 175,384,020 200,174,644 (6,494,113) 193,680,531 Stratification of portfolio current and non-current debtors from credit operations 12.31.2018 12.31.2017 ThCh$ ThCh$ Up to date non-securitized portfolio until 30 days 144,172,500 151,275,377 31 and 60 days 1,815,954 908,980 61 and 90 days 250,560 1,050,476 91 and 120 days 148,622 331,740 121 and 150 days 310,986 709,400 151 and 180 days 141,434 62,834 181 and 210 days 674,676 82,863 211 and 250 days 176,333 538,081 More than 250 days 3,309,410 3,025,543 Total 151,000,475 157,985,294 The Company has an approximate number of 268,000 clients, which may have balances in the different sections of the stratification. The number of clients is distributed geographically with 67,000 in Chile, 86,000 in Brazil, 55,000 in Argentina and 57,000 in Paraguay. 12.31.2018 12.31.2017 ThCh$ ThCh$ Current commercial debtors 150,933,965 157,926,958 Non-current commercial debtors 66,510 58,336 Total 151,000,475 157,985,294 The movement in the allowance for doubtful accounts is presented below: 12.31.2018 12.31.2017 ThCh$ ThCh$ Opening balance 6,494,113 6,697,156 Bad debt expense 1,629,761 2,004,958 Provision application (1,257,591) (1,708,602) Change due to foreign exchange differences (568,075) (499,399) Movement (195,905) (203,043) Ending balance 6,298,208 6,494,113

INVENTORIES

INVENTORIES	12 Months Ended
	Dec. 31, 2018
INVENTORIES
INVENTORIES	NOTE 8 - INVENTORIES The composition of inventories is detailed as follows: Details 12.31.2018 12.31.2017 ThCh$ ThCh$ Raw materials (1) 86,102,495 78,216,172 Finished goods 37,213,848 32,097,377 Spare parts and supplies 28,777,180 19,774,056 Work in progress 780,324 676,609 Other inventories 1,049,165 4,134,237 Obsolescence provision (2) (2,603,303) (3,535,451) Total 151,319,709 131,363,000 The cost of inventory recognized as cost of sales as of December 31, 2018 and 2017, is ThCh$968,027,774 and ThCh$1,069,024,964, respectively (1) Approximately 80% is composed of concentrate and sweeteners used in the preparation of beverages, as well as caps and PET supplies used in the packaging of the product. (2) The obsolescence provision is related mainly with the obsolescence of spare parts classified as inventories and to a lesser extent to finished products and raw materials. The general standard is to provision all those multi-functional spare parts without utility in rotation in the last four years prior to the technical analysis technical to adjust the provision. In the case of raw materials and finished products, the obsolescence provision is determined according to maturity.

CURRENT AND DEFERRED INCOME TAX

CURRENT AND DEFERRED INCOME TAXES	12 Months Ended
	Dec. 31, 2018
CURRENT AND DEFERRED INCOME TAXES
CURRENT AND DEFERRED INCOME TAXES	NOTE 9 - CURRENT AND DEFERRED INCOME TAXES 9. 1 Tax Reform On September 29, 2014, the Official Daily Newspaper published Law N°20,780 that amends the Chilean tax regime, with the main following changes: · It establishes a new system of semi-integrated taxation, which can be used as an alternative to the integrated regime of attributed income. Taxpayers may opt freely to any of the two to pay their taxes. In the case of Embotelladora Andina S.A. by a general rule established by law the semi-integrated taxation system applies, which was ratified by the Shareholders’ Meeting. · The semi-integrated system establishes the gradual increase in the first category tax rate for the business years 2014, 2015, 2016, 2017 and 2018 onwards, increasing to 21%, 22.5%, 24%, 25.5% and 27% respectively. 9. 2 Current tax assets Description 12.31.2018 12.31.2017 ThCh$ ThCh$ Tax credits (*) 2,532,056 — Total 2,532,056 — (*) Tax credits correspond to income tax credits on training expenses, purchase of Property, plant and equipment, and donations. 9.3 Current tax liabilities Current tax payable are detailed as follows: Description 12.31.2018 12.31.2017 ThCh$ ThCh$ Income tax expense 9,338,612 3,184,965 Total 9,338,612 3,184,965 9. 4 Income tax expense The current and deferred income tax expenses are detailed as follows: Item 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Current income tax expense 38,313,980 40,183,261 35,902,002 Current tax adjustment previous period 312,403 137,455 534,392 Withholding tax expense foreign subsidiaries 7,364,213 6,730,031 7,645,218 Other current tax expense (income) 474,105 (5,733) 92,008 Current income tax expense 46,464,701 47,045,014 44,173,620 Income (expense) for the creation and reversal of current tax difference (*) 9,100,154 4,752,620 4,633,473 Expense (income) for deferred taxes 9,100,154 4,752,620 4,633,473 Total income tax expense 55,564,855 51,797,634 48,807,093 (*) It includes the effects for the adoption of IAS 29. 9. 5 Deferred income taxes The net cumulative balances of temporary differences that give rise to deferred tax assets and liabilities are detailed as follows: 12.31.2018 12.31.2017 Temporary differences Assets Liabilities Assets Liabilities ThCh$ ThCh$ ThCh$ ThCh$ Property, plant and equipment 5,420,447 46,181,359 5,978,377 47,179,903 Obsolescence provision 910,076 112,359 2,215,341 200,979 Employee benefits 5,169,161 131,829 5,391,796 — Post-employment benefits 90,941 1,014,354 61,155 1,020,522 Tax loss carried-forwards (1) 9,137,392 — 10,056,534 — Tax Goodwill Brazil 18,836,838 — 23,195,957 — Contingency provision 26,796,262 — 31,177,351 — Foreign exchange differences (2) 13,083,953 — 7,631,498 — Allowance for doubtful accounts 1,262,977 — 1,155,542 — Coca-Cola incentives (Argentina) 352,061 — 451,790 — Assets and liabilities for placement of bonds — 1,327,727 — 1,297,000 Lease liabilities 1,328,320 — 1,083,010 — Inventories 347,470 — 350,746 — Distribution rights — 173,273,994 — 163,850,599 Others 5,940,224 3,729,093 920,772 Subtotal 82,735,898 227,981,846 92,478,190 214,469,775 Total Assets and net liabilities — 145,245,948 3,212,981 125,204,566 (1) Tax losses mainly associated with the subsidiary Embotelladora Andina Chile S.A. In Chile tax losses have no expiration date (2) Corresponds to differed taxes for exchange rate differences generated on the translation of debt expressed in foreign currency in the subsidiary Rio de Janeiro Refrescos Ltda. and which for tax purposes are recognized in Brazil when incurred. This item also includes the effects of the differences generated in the appraisal of forward contracts. 9. 6 Deferred tax liability movement The movement in deferred income tax accounts is as follows: Item 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Opening Balance 121,991,585 125,608,802 130,201,701 Increase (decrease) in deferred tax 11,303,016 (3,417,011) (6,409,481) Increase (decrease) due to foreign currency translation (*) 11,951,347 (200,206) 1,816,582 Movements 23,254,363 (3,617,217) (4,592,899) Ending balance 145,245,948 121,991,585 125,608,802 (*) It includes the effects for the adoption of IAS 29. 9. 7 Distribution of domestic and foreign tax expense The composition of domestic and foreign tax expense is detailed as follows: Income tax 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Current income taxes Foreign (24,442,984) (30,258,395) (24,752,106) Domestic (22,021,717) (16,786,619) (19,421,514) Current income tax expense (46,464,701) (47,045,014) (44,173,620) Deferred income taxes Foreign (9,121,332) (4,667,982) (4,291,287) Domestic 21,178 (84,638) (342,186) Deferred income tax expense (9,100,154) (4,752,620) (4,633,473) Income tax expense (55,564,855) (51,797,634) (48,807,093) 9. 8 Reconciliation of effective rate Below is the reconciliation between the effective tax rate and the statutory rate: Reconciliation of effective rate 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Net income before taxes 153,606,681 170,798,359 140,856,204 Tax expense at legal rate (27.0%) (41,544,270) — — Tax expense at legal rate (25.5%) — (43,553,581) (33,805,489) Effect of a different tax rate in other jurisdictions 967,671 (4,971,103) (9,214,270) Permanent differences: Non-taxable revenues 12,752,599 9,645,068 6,068,410 Non-deductible expenses (11,141,237) (4,020,729) (419,761) Tax effect on excess tax provision prior periods (295,632) 125,021 86,731 Effect of tax restatement Chilean companies 2,566,163 (1,465,753) (1,875,343) Foreign subsidiaries tax withholding expense and other legal tax debits and credits (18,870,149) (7,556,557) (9,647,371) Adjustments to tax expense (14,988,256) (3,272,950) (5,787,334) Tax expense at effective rate (55,564,855) (51,797,634) (48,807,093) Effective rate 36.2 % 30.6 % 34.7 % Below are the income tax rates applicable in each jurisdiction where the Company operates: Rate Country 2018 2017 2016 Chile 27.0 % 25.5 % 24.0 % Brazil 34.0 % 34.0 % 34.0 % Argentina 30.0 % 35.0 % 35.0 % Paraguay 10.0 % 10.0 % 10.0 %

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	12 Months Ended
	Dec. 31, 2018
PROPERTY PLANT AND EQUIPMENT
PROPERTY, PLANT AND EQUIPMENT	NOTE 10 - PROPERTY, PLANT AND EQUIPMENT 10. 1 Balances Property, plant and equipment are detailed below at the end of each period: Cumulative depreciation and Property, plant and equipment, Property, plant and equipment, gross impairment net Item 12.31.2018 12.31.2017 12.31.2018 12.31.2017 12.31.2018 12.31.2017 ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Construction in progress 26,048,670 84,118,716 — — 26,048,670 84,118,716 Land 100,479,196 96,990,155 — — 100,479,196 96,990,155 Buildings 371,279,937 222,101,850 (157,119,586) (59,716,002) 214,160,351 162,385,848 Plant and equipment 623,568,795 431,876,945 (416,164,810) (276,043,865) 207,403,985 155,833,080 Information technology 22,752,205 20,697,750 (17,567,484) (16,070,425) 5,184,721 4,627,325 Fixed facilities and accessories 43,717,907 32,990,387 (22,660,738) (13,400,510) 21,057,169 19,589,877 Vehicles 53,682,179 52,587,886 (31,883,578) (23,324,621) 21,798,601 29,263,265 Leasehold improvements 144,914 115,768 (112,737) (108,353) 32,177 7,415 Other Property, plant and equipment (1) 438,350,022 395,823,718 (323,743,924) (288,888,900) 114,606,098 106,934,818 Total 1,680,023,825 1,337,303,175 (969,252,857) (677,552,676) 710,770,968 659,750,499 (1) Other Property, plant and equipment is composed of bottles, market assets, furniture and other minor assets. The net balance of each of these categories is detailed as follows: Other Property, plant and equipment 12.31.2018 12.31.2017 ThCh$ ThCh$ Bottles 51,522,834 51,876,569 Marketing and promotional assets (*) 45,739,948 42,798,282 Other Property, plant and equipment 17,343,316 12,259,967 Total 114,606,098 106,934,818 (*) It mainly includes refrigerators, drink and dispensing machines and other minor equipment. The Company has insurance to protect its Property, plant and equipment and its inventory from potential losses. The geographic distribution of those assets is detailed as follows: Chile : Santiago, Puente Alto, Maipú, Renca, Rancagua y San Antonio, Antofagasta, Coquimbo and Punta Arenas. Argentina : Buenos Aires, Mendoza, Córdoba y Rosario, Bahía Blanca, Chacabuco, La Pampa, Neuquén, Comodoro Rivadavia, Trelew, and Tierra del Fuego Brazil : Río de Janeiro, Niteroi, Campos, Cabo Frío, Nova Iguazú, Espirito Santo, Vitoria, part of São Paulo and Minas Gerais. Paraguay : Asunción, Coronel Oviedo, Ciudad del Este and Encarnación. 10. 2 Movements Movements in Property, plant and equipment are detailed as follows: Leasehold Construction in Plant and improvements, Other, progress Land Buildings, net equipment, net Vehicles, net net net ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Opening balance at January 1, 2018 84,118,716 96,990,155 162,385,848 155,833,080 4,627,325 19,589,877 29,263,265 7,415 106,934,818 659,750,499 Additions 65,284,334 — 504,675 17,924,606 783,299 165,226 1,451,462 1,430 42,793,277 128,908,309 Disposals — (5,465) (209,713) (1,002,133) — — (203,036) — (1,588,050) (3,008,397) Transfers between items of Property, plant and equipment (109,893,610) — 45,032,440 54,460,571 622,222 1,481,081 (2,218,354) 22,000 10,493,650 — Depreciation expense — — (7,001,828) (39,182,401) (1,830,295) (2,668,535) (5,201,263) (11,112) (41,727,195) (97,622,629) Increase (decrease) due to foreign currency translation differences (6,880,059) (4,615,830) (14,485,709) (17,048,903) (414,850) (4,048,135) (1,722,767) 169 (16,954,922) (66,171,006) Other increase (decrease) (1) (6,580,711) 8,110,336 27,934,638 36,419,165 1,397,020 6,537,655 429,294 12,275 14,654,520 88,914,192 Total movements (58,070,046) 3,489,041 51,774,503 51,570,905 557,396 1,467,292 (7,464,664) 24,762 7,671,280 51,020,469 Ending balance at December 31, 2018 26,048,670 100,479,196 214,160,351 207,403,985 5,184,721 21,057,169 21,798,601 32,177 114,606,098 710,770,968 (1) Mainly correspond to effects of adopting IAS 29 in Argentina. Leasehold Construction Plant and improvements, Other, in progress Land Buildings, net equipment, net Vehicles, net net net ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Opening balance at January 1, 2017 49,986,111 91,961,876 173,073,161 190,402,625 6,122,912 20,466,113 23,896,425 190,523 110,051,139 666,150,885 Additions 89,392,003 4,955,929 1,674,734 4,992,508 945,827 — 1,512,162 13,529 44,451,636 147,938,328 Disposals — — (300,079) (700,973) (1,062,530) (4,161) (173,190) — (790,242) (3,031,175) Transfers between items of Property, plant and equipment (41,957,409) — 3,450,060 24,250,647 1,133,684 2,548,441 2,253,061 — 8,321,516 — Depreciation expense — — (5,880,770) (36,026,939) (2,190,107) (2,112,681) (5,303,332) (61,033) (45,746,096) (97,320,958) Increase (decrease) due to foreign currency translation differences (13,319,346) 72,350 (9,538,737) (20,492,851) (320,634) (1,307,835) 7,441,057 (34,272) (7,670,229) (45,170,497) Other increase (decrease) (1) 17,357 — (92,521) (6,591,937) (1,827) — (362,918) (101,332) (1,682,906) (8,816,084) Total movements 34,132,605 5,028,279 (10,687,313) (34,569,545) (1,495,587) (876,236) 5,366,840 (183,108) (3,116,321) (6,400,386) Ending balance at December 31, 2017 84,118,716 96,990,155 162,385,848 155,833,080 4,627,325 19,589,877 29,263,265 7,415 106,934,818 659,750,499 (1) Mainly correspond to property, plant & equipment write-offs. Fixed facilities Plant and IT and Leasehold Construction equipment, Equipment, accessories, improvements, Other, Property, plant and inprogress Land Buildings, net net net net Vehicles, net net net equipment, net ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Opening balance at January 1, 2016 34,625,004 86,898,529 159,474,930 203,379,934 4,320,656 22,306,759 18,106,705 274,945 111,142,410 640,529,872 Additions 70,421,863 1,248,433 1,201,903 9,833,490 2,666,593 161,395 338,986 — 38,923,620 124,796,283 Disposals — — (4,598) (601,444) — — (3,473) — (54,861) (664,376) Transfers between items of Property, plant and equipment (53,824,861) 1,643,038 15,471,645 16,202,982 1,062,653 1,709,635 9,015,390 — 8,719,518 — Depreciation expense — — (5,335,475) (35,568,436) (1,910,731) (2,456,511) (4,622,348) (112,805) (44,120,837) (94,127,143) Increase (decrease) due to foreign currency translation differences (1,235,895) 2,171,876 2,792,916 (1,266,728) 29,148 (1,254,915) 1,783,041 28,383 (3,322,005) (274,179) Other increase (decrease) (1) — — (528,160) (1,577,173) (45,407) (250) (721,876) — (1,236,706) (4,109,572) Total movements 15,361,107 5,063,347 13,598,231 (12,977,309) 1,802,256 (1,840,646) 5,789,720 (84,422) (1,091,271) 25,621,013 Ending balance at December 31, 2016 49,986,111 91,961,876 173,073,161 190,402,625 6,122,912 20,466,113 23,896,425 190,523 110,051,139 666,150,885 (1) Mainly correspond to property, plant & equipment write-offs.

RELATED PARTY DISCLOSURES

RELATED PARTY DISCLOSURES	12 Months Ended
	Dec. 31, 2018
RELATED PARTY DISCLOSURES
RELATED PARTY DISCLOSURES	NOTE 11 – RELATED PARTY DISCLOSURES Balances and main transactions with related parties are detailed as follows: 11. 1 Accounts receivable: 11.1. 1 Current : Country Taxpayer ID Company Relationship of origin Currency 12.31.2018 12.31.2017 ThCh$ ThCh$ 96.891.720-K Embonor S.A. Shareholder related Chile Chilean pesos 4,344,082 4,220,936 96.714.870-9 Coca-Cola de Chile S.A. Shareholder Chile Chilean pesos 2,175,934 — Foreign Coca Cola de Argentina Director related Argentina Argentinean pesos 1,684,357 — Foreign UBI 3 (Ades) Shareholder related Argentina Argentinean pesos 455,823 Foreign Alimentos de Soja S.A.U. Shareholder related Argentina Argentinean pesos 371,712 — 96.517.210-2 Embotelladora Iquique S.A. Shareholder related Chile Chilean pesos 228,387 303,866 86.881.400-4 Envases CMF S.A. Associate Chile Chilean pesos 161,460 — 96.919.980-7 Cervecería Austral S.A. Director related Chile U.S. Dollars 26,557 16,674 77.755.610-K Comercial Patagona Ltda. Director related Chile Chilean pesos 1,951 — Foreign Servicio y Productos para Bebidas Refrescantes S.R.L. Shareholder Chile Argentinean pesos — 181,414 76.572.588-7 Coca Cola del Valle New Ventures S.A. Associate Chile Chilean pesos — 647,342 Total 9,450,263 5,370,232 11.1. 2 Non -current: Country Taxpayer ID Company Relationship of origin Currency 12.31.2018 12.31.2017 ThCh$ ThCh$ 96.714.870-9 Coca-Cola de Chile S. A. Shareholder Chile Chilean pesos 74,340 156,492 Total 74,340 156,492 11. 2 Accounts payable: 11.2. 1 Current : Country Taxpayer ID Company Relationship of origin Currency 12.31.2018 12.31.2017 ThCh$ ThCh$ 96.714.870-9 Coca-Cola de Chile S.A. Shareholder Chile Chilean pesos 21,286,933 12,458,055 Foreign Recofarma do Industrias Amazonas Ltda. Shareholder related Brazil Brazilian real 8,681,099 15,891,797 86.881.400-4 Envases CMF S.A. Associate Chile Chilean pesos 5,702,194 2,807,572 Foreign Servicio y Productos para Bebidas Refrescantes S.R.L. Shareholder Argentina Argentinean pesos 5,479,714 — Foreign Leão Alimentos e Bebidas Ltda. Associate Brazil Brazilian real 3,132,515 2,539,052 Foreign Monster Shareholder related Brazil Brazilian real 664,565 — 76.572.588-7 Coca Cola del Valle New Ventures S.A. Associate Chile Chilean pesos 649,046 — 89.996.200-1 Envases del Pacífico S.A. Director related Chile Chilean pesos 139,468 193,685 96.891.720-K Embonor S.A. Shareholder related Chile Chilean pesos 92,325 — Foreign Alimentos de Soja S.A.U. Shareholder related Argentina Argentinean pesos — 71,276 Total 45,827,859 33,961,437 11. 3 Transactions : Country Cumulative Taxpayer ID Company Relationship of origin Description of transaction Currency 12.31.2018 ThCh$ 96.714.870-9 Coca-Cola de Chile S.A. Shareholder Chile Purchase of concentrates Chilean pesos 149,933,143 96.714.870-9 Coca-Cola de Chile S.A. Shareholder Chile Purchase of advertising services Chilean pesos 3,508,010 96.714.870-9 Coca-Cola de Chile S.A. Shareholder Chile Sale of raw materials and other Chilean pesos 1,156,744 86.881.400-4 Envases CMF S.A. Associate Chile Purchase of bottles Chilean pesos 14,319,777 86.881.400-4 Envases CMF S.A. Associate Chile Purchase of raw materials Chilean pesos 18,914,788 86.881.400-4 Envases CMF S.A. Associate Chile Purchase of caps Chilean pesos 107,859 86.881.400-4 Envases CMF S.A. Associate Chile Purchase services and others Chilean pesos 1,593,798 86.881.400-4 Envases CMF S.A. Associate Chile Purchase of containers Pesos chilenos 4,096,502 86.881.400-4 Envases CMF S.A. Associate Chile Sale of packaging and raw materials Chilean pesos 3,981,631 96.891.720-K Embonor S.A. Related to Shareholder Chile Sale of finished products Chilean pesos 41,933,095 96.517.310-2 Embotelladora Iquique S.A. Related to Shareholder Chile Sale of finished products Chilean pesos 2,570,315 89.996.200-1 Envases del Pacífico S.A. Related to director Chile Purchase of raw materials and materials Pesos chilenos 1,007,382 94.627.000-8 Parque Arauco S.A. Related to director Chile Rent of spaces Chilean pesos 91,685 Foreign Recofarma do Industrias Amazonas Ltda. Related to Shareholder Brazil Purchase of concentrates Brazilian real 95,449,139 Foreign Recofarma do Industrias Amazonas Ltda. Related to Shareholder Brazil Refund and other purchases Brazilian real 7,641,736 Foreign Servicio y Productos para Bebidas Refrescantes S.R.L. Shareholder Argentina Purchase of concentrates Argentine pesos 98,947,407 Foreign Servicio y Productos para Bebidas Refrescantes S.R.L. Shareholder Argentina Advertising participation payment Argentine pesos 5,727,498 Foreign KIAK Participaciones Subsidiary Brazil Purchase of concentrate and marketing recovery U.S. dollar 42,292 Foreign Leão Alimentos e Bebidas Ltda. Associate Brazil Purchase of products Brazilian real 357,286 Foreign Sorocaba Refrescos S.A. Associate Brazil Purchase of products Brazilian real 698,090 76.572.588-7 Coca Cola Del Valle New Ventures SA Common Shareholder Chile Sale of services and others Chilean pesos 1,391,110 Foreign Trop Frutas do Brasil Ltda. Associate Brazil Purchase of products Brazilian real 86,994 Foreign Alimentos de Soja S.A.U. Related to Shareholder Argentina Payment of fees and services Argentine pesos 1,623,794 96.633.550-5 Sinea S.A. Ownership held by an officer’s uncle Chile Purchase of raw materials Chilean pesos 581,508 Country of Cumulative Taxpayer ID Company Relationship origin Description of transaction Currency 12.31.2017 ThCh$ 96.714.870-9 Coca-Cola de Chile S.A. Shareholder Chile Purchase of concentrates Chilean pesos 140,609,445 96.714.870-9 Coca-Cola de Chile S.A. Shareholder Chile Purchase of advertising services Chilean pesos 1,823,190 96.714.870-9 Coca-Cola de Chile S.A. Shareholder Chile Lease of water fountain Chilean pesos 2,989,115 96.714.870-9 Coca-Cola de Chile S.A. Shareholder Chile Sale of raw materials and other Chilean pesos 2,163,225 86.881.400-4 Envases CMF S.A. Associate Chile Purchase of bottles Chilean pesos 20,865,624 86.881.400-4 Envases CMF S.A. Associate Chile Purchase of raw materials Chilean pesos 12,617,540 86.881.400-4 Envases CMF S.A. Associate Chile Purchase of caps Chilean pesos 477,188 86.881.400-4 Envases CMF S.A. Associate Chile Purchase services and others Chilean pesos 357,456 86.881.400-4 Envases CMF S.A. Associate Chile Sale services and others Chilean pesos 14,944 86.881.400-4 Envases CMF S.A. Associate Chile Purchase of packaging Chilean pesos 2,960,894 86.881.400-4 Envases CMF S.A. Associate Chile Sale of packaging and raw materials Chilean pesos 2,942,690 96.891.720-K Embonor S.A. Related to Shareholder Chile Sale of finished products Chilean pesos 42,561,124 96.517.310-2 Embotelladora Iquique S.A. Related to Shareholder Chile Sale of finished products Chilean pesos 2,650,329 89.996.200-1 Envases del Pacífico S.A. Related to director Chile Purchase of raw materials and materials Chilean pesos 1,676,013 94.627.000-8 Parque Arauco S.A. Related to director Chile Rent of spaces Chilean pesos 90,032 99.279.000-8 Euroamerica Seguros de Vida S.A. Related to director Chile Purchase of insurance policies Chilean pesos 312,231 Foreign Recofarma do Industrias Amazonas Ltda. Related to Shareholder Brazil Purchase of concentrates Chilean pesos 196,738,018 Foreign Recofarma do Industrias Amazonas Ltda. Related to Shareholder Brazil Refund and other purchases Chilean pesos 5,099,040 Foreign Servicio y Productos para Bebidas Refrescantes S.R.L. Shareholder Argentina Purchase of concentrates Argentine pesos 272,541,272 Foreign Servicio y Productos para Bebidas Refrescantes S.R.L. Shareholder Argentina Advertising participation payment Argentine pesos 12,584,231 Foreign KAIK Participações Associate Brazil Refund and other purchases Brazilian real 6,614 Foreign Leão Alimentos e Bebidas Ltda. Associate Brazil Purchase of products Brazilian real 104,103 Foreign Coca-Cola Peru Related to Shareholder Peru Purchase of concentrate and marketing recovery U.S. dollar 7,147,534 Foreign Sorocaba Refrescos S.A. Associate Brazil Purchase of products Brazilian real 574,881 89.862.200-2 Latam Airlines Group S.A. Related to director Chile Sale of products Chilean pesos 652,588 76.572.588-7 Coca Cola Del Valle New Ventures SA Common Shareholder Chile Sale of services and others Chilean pesos 1,444,162 Foreign Trop Frutas do Brasil Ltda. Associate Brazil Purchase of products Brazilian real 317,565 Foreign Alimentos de Soja S.A.U. Related to Shareholder Argentina Payment of fees and services Argentine pesos 538,546 Country Cumulative Taxpayer ID Company Relationship of origin Description of transaction Currency 12.31.2016 ThCh$ 96.714.870-9 Coca-Cola de Chile S.A. Shareholder Chile Purchase of concentrates Chilean pesos 129,660,611 96.714.870-9 Coca-Cola de Chile S.A. Shareholder Chile Purchase of advertising services Chilean pesos 7,154,023 96.714.870-9 Coca-Cola de Chile S.A. Shareholder Chile Lease of water fountain Chilean pesos 3,740,351 96.714.870-9 Coca-Cola de Chile S.A. Shareholder Chile Sale of raw materials and other Chilean pesos 2,299,634 86.881.400-4 Envases CMF S.A. Associate Chile Purchase of bottles Chilean pesos 34,144,348 76.572.588.7 Coca-Cola del Valle New Ventures S.A. Associate Chile Administrative and commerciall services Chilean pesos 180,000 96.891.720-K Embonor S.A Associate Chile Sale of packagingmaterials Chilean pesos 44,310,169 96.517.310-2 Embotelladora Iquique S.A. Related to Shareholder Chile Sale of finished products Chilean pesos 2,749,506 Foreign Recofarma do Industrias Amazonas Ltda. Related to Shareholder Brazil Sale of finished products Brazilian real 115,706,386 Foreign Recofarma do Industrias Amazonas Ltda. Related to Shareholder Brazil Purchase of concentrates Brazilian real 25,675,184 Foreign Leão Alimentos e Bebidas Ltda. Associate Brazil Advertising participation payment Brazilian real 11,658,142 Foreign Servicio y Productos para Bebidas Refrescantes S.R.L. Shareholder Argentina Purchase of concentrates Argentine pesos 114,427,713 Foreign Servicio y Productos para Bebidas Refrescantes S.R.L. Shareholder Argentina Advertising participation payment Argentine pesos 14,680,603 89.996.200-1 Envases del Pacífico S.A. Shareholder Chile Purchase of concentrates Chilean pesos 1,751,011 Foreign Coca-Cola Peru Related to Shareholder Peru Purchase of raw materials U.S. dollar 4,188,812 11. 4 Key management compensation Salaries and benefits paid to the Company’s key management personnel including directors and managers are detailed as follows: Description 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Executive wages, salaries and benefits 6,056,337 6,454,846 6,255,806 Director allowances 1,495,123 1,513,100 1,492,088 Accrued benefit last five years and paid during the fiscal year 242,907 334,477 314,288 Contract termination benefit 51,534 — 79,027 Total 7,845,901 8,302,423 8,141,209

CURRENT AND NON-CURRENT EMPLOYE

CURRENT AND NON-CURRENT EMPLOYEE BENEFITS	12 Months Ended
	Dec. 31, 2018
CURRENT AND NON-CURRENT EMPLOYEE BENEFITS
CURRENT AND NON-CURRENT EMPLOYEE BENEFITS	NOTE 12 – CURRENT AND NON-CURRENT EMPLOYEE BENEFITS Employee benefits are detailed as follows: Description 12.31.2018 12.31.2017 ThCh$ ThCh$ Accrued vacations 19,536,809 20,769,275 Employee remuneration payable 13,674,170 15,186,368 Indemnities for years of service 9,415,541 8,286,355 Total 42,626,520 44,241,998 ThCh$ ThCh$ Current 33,210,979 35,955,643 Non-current 9,415,541 8,286,355 Total 42,626,520 44,241,998 12. 1 Indemnities for years of service The movements of employee benefits, valued pursuant to Note 2 are detailed as follows: Movements 12.31.2018 12.31.2017 ThCh$ ThCh$ Opening balance 8,286,355 8,157,745 Service costs 957,593 1,727,905 Interest costs 565,167 300,755 Net actuarial losses 271,045 (530,059) Benefits paid (664,619) (1,369,991) Total 9,415,541 8,286,355 12.1. 1 Assumptions The actuarial assumptions used are detailed as follows: Assumptions 12.31.2018 12.31.2017 Discount rate 2.7 % 2.7 % Expected salary increase rate 2.0 % 2.0 % Turnover rate 5.4 % 5.4 % Mortality rate RV-2009 RV-2009 Retirement age of women 60 years 60 years Retirement age of men 65 years 65 years 12. 2 Personnel expenses Personnel expenses included in the consolidated statement of income are as follows: Description 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Wages and salaries 195,162,903 215,715,214 218,944,639 Employee benefits 50,254,164 50,127,117 50,174,153 Severance and post-employment benefits 5,535,410 7,410,936 8,252,502 Other personnel expenses 16,014,364 14,205,259 10,921,843 Total 266,966,841 287,458,526 288,293,137 12. 3 Number of Employees 12.31.2018 12.31.2017 12.31.2016 Number of employees 16,098 15,924 16,296 Number of average employees 15,364 15,784 16,009

INVESTMENTS IN ASSOCIATES ACCOU

INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD	12 Months Ended
	Dec. 31, 2018
INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD
INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD	NOTE 13 – INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD 13. 1 Balances Investments in associates using equity method of accounting are detailed as follows: Country of Functional Carrying Value Percentage interest Taxpayer ID Name Incorporation Currency 12.31.2018 12.31.2017 12.31.2018 12.31.2017 ThCh$ ThCh$ % % 86.881.400-4 Envases CMF S.A. (1) Chile Chilean peso 18,743,604 18,528,567 50.00 % 50.00 % Foreign Leão Alimentos e Bebidas Ltda. (2) Brazil Brazilian real 21,727,894 22,163,333 10.26 % 10.26 % Foreign Kaik Participações Ltda. (2) Brazil Brazilian real 1,228,256 1,228,350 11.32 % 11.32 % Foreign SRSA Participações Ltda. Brazil Brazilian real 94,706 189,290 40.00 % 40.00 % Foreign Sorocaba Refrescos S.A. Brazil Brazilian real 22,979,029 23,079,130 40.00 % 40.00 % Foreign Trop Frutas do Brasil Ltda. (2) Brazil Brazilian real 6,244,839 6,359,428 7.52 % 7.52 % 76.572.588-7 Coca Cola del Valle New Ventures S.A. Chile Chilean peso 31,392,617 15,260,971 35.00 % 35.00 % Total 102,410,945 86,809,069 (1) In these company, regardless of the percentage of ownership interest, it was determined that no controlling interest was held, only a significant influence, given that there was not a majority vote of the Board of Directors to make strategic business decisions. (2) In these companies, regardless of the percentage of ownership interest held, the Company has significant influence, given that it has a representative on each entity’s Board of Directors. 13. 2 Movement The movement of investments in associates accounted for using the equity method is shown below: Details 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Opening Balance 86,809,069 77,197,781 54,190,546 Other Invesment increases in associates (Capital Contributions to Leao Alimentos e Bebidas Ltda and Coca Cola del Valle New Ventures S.A.) 15,615,466 15,570,161 17,586,575 Dividends received (403,414) (1,540,090) (750,806) Share in operating income 2,194,144 932,340 396,764 Unrealized income 85,268 85,268 85,266 Increase (Decrease) due to foreign currency translation differences (1,889,588) (5,436,391) 5,689,436 Ending Balance 102,410,945 86,809,069 77,197,781 The main movements for the fiscal years ended December 31, 2018 and 2017, are the following: · During fiscal years 2018 and 2017, Embotelladora Andina S.A. made capital contributions in Coca-Cola del Valle New Ventures S.A. in the amount of ThCh$15,615,466 and ThCh$10,185,000. · During fiscal years 2018 and 2017, Envases CMF S.A., agreed to distribute dividends in the amount of thCh$403,414 and ThCh$1,540,090, respectively. Embotelladora Andina S.A. participates in those dividends pursuant to its ownership interest. · During fiscal years 2018 and 2017 Sorocaba Refrescos S.A. did not distribute dividends. · During fiscal year 2017, Leão Alimentos e Bebidas Ltda. carried out capital increases. Rio de Janeiro Refrescos Ltda. participated in these capital increases pursuant to its ownership interest for amounts of ThCh$5,385,161. 13. 3 Reconciliation of share of profit in investments in associates: Details 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Share of profit of investment accounted for using the equity method 2,194,144 932,340 396,764 Unrealized earnings in inventory acquired from associates and not sold at the end of period, presented as a discount in the respective asset account (containers and/or inventories) (868,233) (1,097,968) (744,612) Amortization of Fair Value in Envases CMF S.A. 85,268 85,268 85,266 Income Statement Balance 1,411,179 (80,360) (262,582) 13. 4 Summary financial information of associates: The following table presents summarized information regarding the Company´s equity investees as of December 31, 2018: Leão Kaik SRSA Alimentos e Trop Frutas Coca- Envases Sorocaba Participaçōes Participaçōes Bebidas do Brasil Cola del Valle CMF S.A. Refrescos S.A. Ltda. Ltda. Ltda. Ltda. New Ventures S.A. ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Total assets 78,714,139 106,598,837 10,850,626 513,823 257,149,411 96,963,355 101,275,213 Total liabilities 40,800,603 49,151,318 34 277,055 57,538,296 21,568,158 11,582,021 Total revenue 53,073,645 57,570,452 348,705 233,182 161,749,228 12,169,188 2,673,496 Net income (loss) of associate 1,086,050 936,360 348,705 233,182 2,000,217 7,753,517 1,506,540 Reporting date 12-31-2018 11-30-2018 11-30-2018 11-30-2018 11-30-2018 11-30-2018 12-31-2018 The following table presents summarized information regarding the Company´s equity investees as of December 31, 2017: Leão Kaik SRSA Alimentos e Trop Frutas Coca- Envases Sorocaba Participaçōes Participaçōes Bebidas do Brasil Cola del Valle CMF S.A. Refrescos S.A. Ltda. Ltda. Ltda. Ltda. New Ventures S.A. ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Total assets 74,308,406 111,697,833 10,851,460 473,226 282,895,158 88,327,243 48,190,779 Total liabilities 36,654,412 54,000,005 35 — 79,689,080 11,407,361 4,594,308 Total revenue 49,924,142 52,507,920 — 469,509 198,216,570 3,345,146 — Net income (loss) of associate 2,405,060 (1,541,788) (137,007) 469,509 (157,266) 1,927,488 (248,532) Reporting date 12-31-2017 12-31-2017 12-31-2017 12-31-2017 12-31-2017 12-31-2017 11-30-2017

INTANGIBLE ASSETS AND GOODWILL

INTANGIBLE ASSETS AND GOODWILL	12 Months Ended
	Dec. 31, 2018
INTANGIBLE ASSETS AND GOODWILL
INTANGIBLE ASSETS AND GOODWILL	NOTE 14 – INTANGIBLE ASSETS AND GOODWILL 14. 1 Intangible assets other than goodwill Intangible assets other than goodwill as of the end of each reporting period are detailed as follows: 12-31-2018 12-31-2017 Gross Cumulative Net Gross Cumulative Net Detail Amount Amortization Amount Amount Amortization Amount ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Distribution rights (1) 661,285,834 (259,434) 661,026,400 656,411,004 (116,387) 656,294,617 Software 31,526,159 (24,160,202) 7,365,957 27,595,084 (21,087,741) 6,507,343 Others 728,198 (298,002) 430,196 511,470 (40,552) 470,918 Total 693,540,191 (24,717,638) 668,822,553 684,517,558 (21,244,680) 663,272,878 (1) Correspond to the contractual rights to produce and distribute Coca-Cola products in certain parts of Argentina, Brazil, Chile and Paraguay. Distribution rights result from the valuation process at fair value of the assets and liabilities of the companies acquired in business combinations. Production and distribution contracts are renewable for periods of 5 years with Coca-Cola. The nature of the business and renewals that Coca-Cola has permanently done on these rights, allow qualifying them as indefinite contracts. These production and distribution rights, and in conjunction with the assets that are part of the cash-generating units, are annually subjected to the impairment test. Such distribution rights are composed in the following manner and are not subject to amortization: except for the Monster rights that are amortized in the term of the agreement which is 4 years. 12.31.2018 12.31.2017 Distribution rights ThCh$ ThCh$ Chile (excluding Metropolitan Region, Rancagua and San Antonio) 304,888,183 304,969,889 Brazil (Rio de Janeiro, Espirito Santo, Ribeirão Preto and the investments in Sorocaba and Leão Alimentos e Bebidas Ltda.) 181,583,404 187,695,738 Paraguay 172,594,328 162,825,074 Argentina (North and South) 1,960,485 803,916 Total 661,026,400 656,294,617 The movement and balances of identifiable intangible assets are detailed as follows: 01-01-2018 to 12-31-2018 01-01-2017 to 12-31-2017 Distribution Distribution Details Rights Rights Software Total Rights Rights Software Total ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Opening balance 656,294,617 470,918 6,507,343 663,272,878 674,920,063 470,918 5,605,081 680,996,062 Additions — — 3,718,038 3,718,038 11,923,449 (1) — 2,907,715 14,831,164 Amortization (112,601) (40,722) (1,971,417) (2,124,740) (116,387) — (1,842,933) (1,959,320) Other increases (decreases) (2) 4,844,384 (888,007) 3,956,377 (30,432,508) — (162,520) (30,595,028) Total 661,026,400 430,196 7,365,957 668,822,553 656,294,617 470,918 6,507,343 663,272,878 (1) Corresponds to distribution rights paid in Argentina, Paraguay and Chile resulting from the transaction in which The Coca-Cola Company acquired the “AdeS” business described in previous notes. (2) Mainly corresponds to the foreign currency effect of converting foreign subsidiaries’ distribution rights into the presentation currency. 14. 2 Goodwill Goodwill is considered as the excess acquisition cost over fair value of the group´s ownership interest in identifiable net assets of the acquired subsidiary at the acquisition date. 14.2. 1 Measurement of recoverable goodwill value Goodwill is annually reviewed but its recoverable value is checked during anticipated periods, if there are facts indicating a possible impairment. These signs may include new legal dispositions, changes in the economic environment affecting business operating performance indicators, movements in the competition, or the sale of a significant part of the cash-generating unit (CGU). Management reviews business performance based on geographic segments. Goodwill is monitored by operating segment that includes different cash generating units of the operations in Chile, Brazil, Argentina and Paraguay. Impairment of distribution rights is geographically monitored at the CGU or group of cash generating units that correspond to specific territories for which Coca-Cola distribution rights have been acquired. These cash generating units or groups of cash generating units are composed by: · Regions in Chile (excluding Metropolitan Region, province of Rancagua and province of San Antonio) · Argentina North · Argentina South · Brazil (state of Rio de Janeiro and Espirito Santo) · Brazil (Ipiranga territories) · Brazil: (investment in the associate Sorocaba) · Brazil: (investment in the associate Leão Alimentos S.A.) · Paraguay In order to check if goodwill has suffered an impairment loss, the company compares its book value with its recoverable value, and an impairment loss is recognized for the excess of the book value amount of the asset over its recoverable amount. To determine the recoverable values of the CGU, management considers the discounted cash flow method as the most appropriate method. 14.2. 2 Main assumptions used in the annual test: a. Discount rate: The real discount rate applied in the annual test carried out in December 2018 was estimated with the Capital Asset Pricing Model, which allows estimating a discount rate according to the risk level of the CGU in the country where it operates. A nominal discount rate before taxes is used according to the following table: Discount Rate Discount Rate 2017 2017 Argentina 21.2 % 17.1 % Chile 8.1 % 7.2 % Brazil 10.9 % 9.6 % Paraguay 10.1 % 9.1 % Management carries out the annual goodwill impairment test as of December 31 of each year for each CGU. b. Other assumptions Financial projections to determine the present net value of future cash flows of the CGU are modelled based on the main historical variables , and the respective budgets approved by the CGU. In this sense, a conservative growth rate is used, which reach 3% for the soft drinks category and up to 7% for the less developed categories such as juices and water. Perpetuity growth rates between 1% and 2.5% are established by operation depending on the level of consumption maturity of the products at each operation are set beyond the fifth year of projection. In this sense, the variables of greater sensitivity in these projections correspond to discount rates applied in order to determine the net present value of projected flows, perpetuity growths and EBITDA margin considered in each CGU. For purposes of sensitizing the impairment test, variations were made to the main variables used in the model. Following we present the ranges used for each of the modified variables: - Discount rate : Increase/decrease of up to 100bps as value in the rate with which the future flows are discounted to bring them to present value - Perpetuity : Increase/decrease of up to 75bps in the rate to calculate the perpetual growth of future flows - EBITDA margin : Increase/decrease of 100bps in the EBITDA margin of operations, which is applied per year for the projected periods, i.e. for the years 2019-2023 14.2. 3 Conclusions As a result of the annual test for 2018, no impairments have been identified in any of the CGUs assuming conservative EBITDA margin projections and in line with the markets’ history. As of December 31, 2018, there have been no signs of impairment. Despite the deterioration of the macroeconomic conditions experienced by the economies of the countries where the cash generating units develop their operations, recovery values from the impairment test were higher than the book values of assets. 14.2. 4 Goodwill by business segment and country Movement in Goodwill as of December 31, 2018 and December 31, 2017 is detailed as follows: Foreign currency translation differences where functional currency is different from Operating segment 01.01.2018 presentation currency 12.31.2018 ThCh$ ThCh$ ThCh$ Chilean operation 8,503,023 — 8,503,023 Brazilian operation 73,509,080 (428,980) 73,080,100 Argentine operation 4,672,971 23,645,158 28,318,129 Paraguayan operation 6,913,143 414,778 7,327,921 Total 93,598,217 23,630,956 117,229,173 Foreign currency translation differences where functional currency is different from Operating segment 01.01.2017 presentation currency 12.31.2017 ThCh$ ThCh$ ThCh$ Chilean operation 8,503,023 — 8,503,023 Brazilian operation 81,145,834 (7,636,754) 73,509,080 Argentine operation 5,972,515 (1,299,544) 4,672,971 Paraguayan operation 7,298,133 (384,990) 6,913,143 Total 102,919,505 (9,321,288) 93,598,217

OTHER CURRENT AND NON-CURRENT_2

OTHER CURRENT AND NON-CURRENT FINANCIAL LIABILITIES	12 Months Ended
	Dec. 31, 2018
OTHER CURRENT AND NON-CURRENT FINANCIAL LIABILITIES
OTHER CURRENT AND NON-CURRENT FINANCIAL LIABILITIES	NOTE 15 – OTHER CURRENT AND NON-CURRENT FINANCIAL LIABILITIES Liabilities are detailed as follows: Current 12.31.2018 12.31.2017 ThCh$ ThCh$ Bank loans 21,542,736 31,470,003 Bonds payable 20,664,481 20,156,295 Deposits in guarantee 12,242,464 13,849,504 Derivative contract obligations (see note 20) 130,829 445,278 Leasing agreements 1,534,467 2,060,325 Total 56,114,977 67,981,405 Non-current 12.31.2018 12.31.2017 ThCh$ ThCh$ Bank loans 2,439,253 13,057,542 Bonds payable 700,327,057 648,228,554 Leasing agreements 13,797,468 14,481,105 Total 716,563,778 675,767,201 The fair value of financial assets and liabilities as of December 31, 2018 and 2017 is presented below: Book Value Fair Value Book Value Fair Value Current 12.31.2018 12.31.2018 12.31.2017 12.31.2017 ThCh$ ThCh$ ThCh$ ThCh$ Cash and cash equivalents (3) Other financial assets (3) Trade and other accounts receivable (3) Accounts receivable from related companies (3) Bank loans (1) Bonds payable (2) Deposits in guarantee (3) Derivative contract obligations (3) (see note 20) Leasing agreements (3) Trade and other accounts payable (3) Accounts payable from related companies (3) Non-current 12.31.2018 12.31.2018 12.31.2017 12.31.2017 ThCh$ ThCh$ ThCh$ ThCh$ Other financial assets (3) 97,362,295 97,362,295 74,259,085 75,259,085 Trade and other receivables 1,270,697 1,270,697 2,395,851 2,395,851 Accounts receivable from related companies (3) 74,340 74,340 156,492 156,492 Bank loans (1) 2,439,253 2,307,396 13,057,542 11,588,575 Bonds payable (2) 700,327,057 755,694,265 648,228,554 722,044,324 Leasing agreements (3) 13,797,468 13,797,468 14,481,105 14,481,105 Trade and other accounts payable (3) 735,665 735,665 1,132,926 1,132,926 (1) The fair values are based on discounted cash flows using market discount rates as of the close of each fiscal year and are Level 2 fair value measurements. (2) The fair value of corporate bonds is classified as Level 2 fair value measurements based on quoted prices for the Company’s obligations. (3) The fair value approximates book value considering the nature and term of the obligations. 15.1. 1 Bank obligations, current Maturity Total Indebted Entity Creditor Entity Type Effective Nominal Up to 90 days at at Tax ID, Name Country Tax ID, Name Country Currency Amortization Rate Rate 90 days To 1 year 12.31.2018 12.31.2017 ThCh$ ThCh$ ThCh$ ThCh$ 91.144.000-8 Embotelladora Andina S.A. Chile 97032000-8 Banco Scotiabank Chile Chilean pesos Monthly 3.64 % 3.64 % — — — 300,000 96.705.990-0 Envases Central S.A. Chile 97.006.000-6 Banco BCI Chile UF Semiannually 2.13 % 2.13 % — 726,943 726,943 709,794 Foreign Embotelladora del Atlántico S.A. Argentina Foreign Banco de la Nación Argentina Argentina Argentine pesos Monthly 20.00 % 20.00 % 1,071 — 1,071 9,965,133 Foreign Embotelladora del Atlántico S.A. Argentina Foreign Banco Galicia y Buenos Aires S.A. Argentina Argentine pesos Monthly 20.00 % 20.00 % — — — 3,352,417 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Itaú Brazil Brazilian real Monthly 7.48 % 7.48 % — — — 298,456 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Santander Brazil Brazilian real Monthly 6.63 % 6.63 % — — — 1,359,471 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Itaú Brazil Brazilian real Monthly 6.63 % 6.63 % 82,480 88,935 171,415 — Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Santander Brazil Brazilian real Monthly 7.15 % 7.15 % 83,151 194,366 277,517 — Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Itaú Brazil Brazilian real Quarterly 7.15 % 7.15 % — — — 1,611,747 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Itaú Brazil Brazilian real Semiannually 4.50 % 4.50 % — — — 2,541,016 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Santander Brazil Brazilian real Quarterly 4.50 % 4.50 % 616,808 1,838,770 2,455,578 — Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Itaú Brazil Brazilian real Quarterly 6.24 % 6.24 % — 17,910,212 17,910,212 11,331,969 Total 21,542,736 31,470,003 15.1. 2 Bank obligations, non-current Maturity Indebted Entity Creditor Entity Type Effective Nominal 1 year up to More 2 years More 3 years More 4 years More 5 at Tax ID Name Country Tax ID Name Country Currency Amortization Rate Rate 2 years Up to 3 years Up to 4 years Up to 5 years Years 12.31.2018 ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ 96.705.990-0 Envases Central S.A. Chile 97.006.000-6 Banco BCI Chile UF Semiannually 2.1 % 2.1 % 1,434,786 — — — — 1,434,786 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Itaú Brazil Brazilian real Monthly 6.6 % 6.6 % 72,439 43,033 81,225 — 239,730 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Santander Brazil Brazilian real Monthly 7.2 % 7.2 % 151,873 — — — — 151,873 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Santander Brazil Brazilian real Quarterly 6.2 % 6.2 % — — — — — — Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Itaú Brazil Brazilian real Quarterly 4.5 % 4.5 % 612,864 — — — — 612,864 Total 2,439,253 15.1. 2 Bank obligations, non-current December 31, 2017 Maturity Indebted Entity Creditor Entity Type Effective Nominal 1 year up to More 2 years More 3 years More 4 years More 5 at Tax ID Name Country Tax ID Name Country Currency Amortization Rate Rate 2 years Up to 3 years Up to 4 years Up to 5 years Years 31.12.2017 ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ 96.705.990-0 Envases Central S.A. Chile 97.006.000-6 Banco BCI Chile Unidad de fomento Semiannually 2.1 % 2.1 % 2,092,245 — — — — 2,092,245 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Alfa Brazil Brazilian real Monthly 7.5 % 7.5 % 125,461 125,461 627,305 — 1,003,688 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Itaú Brazil Brazilian real Monthly 6.6 % 6.6 % 504,700 197,779 128,887 — 876,005 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Santander Brazil Brazilian real Monthly 7.2 % 7.2 % 1,593,608 1,202,096 2,449,851 — 5,909,334 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Itaú Brazil Brazilian real Quarterly 4.5 % 4.5 % 3,176,270 — — — — 3,176,270 Total 13,057,542 15.1.3 Current and non-current bank obligations “Restrictions” Bank obligations are not subject to restrictions for the reported periods. 15.2. 1 Bonds payable During 2018, Andina carried out a debt restructuring process that consisted of a partial repurchase in the amount of US$210 million of the 144A/RegS Senior Notes and refinancing it with the placement of Series F bonds in the local market in the amount of UF 5.7 million due 2039 and accruing an annual interest rate of 2.83%. The costs corresponding to the repurchase of bonds, associated with premium payments, overpricing and proportional amortization of placement costs and discounts in bonds in original U.S. Dollars amounting to ThCh$9,583,000, were recorded in results under the item financial costs . Current Non-current Total Composition of bonds payable 12.31.2018 12.31.2017 12.31.2018 12.31.2017 12.31.2018 12.31.2017 ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Bonds (face value) 21,038,064 20,547,117 704,048,747 651,459,940 725,086,811 672,007,057 Expenses of bond issuance and discounts on placement (373,583) (390,822) (3,721,690) (3,231,386) (4,095,273) (3,622,208) Net balance presented in statement of financial position 20,664,481 20,156,295 700,327,057 648,228,554 720,991,538 668,384,849 15.2.2 Current and non-current balances Obligations with the public correspond to bonds in UF issued by the parent company on the Chilean market and bonds in US dollars issued by the Parent Company on the international market. A detail of these instruments is presented below: Date Face Unit of Interest final Interest Amortization of Bonds, current portion Series amount Adjustment rate Maturity Payment capital 12.31.2018 12.31.2017 ThCh$ ThCh$ CMF Registration N°254 CMF 06.13.2001 B UF 6.5 % Semiannually 6,598,389 6,071,687 CMF Registration N°641 08.23.2010 C 1,500,000 UF 4.0 % Semiannually 614,152 597,049 CMF Registration N°759 08.20.2013 C 500,000 UF 3.5 % Semiannually 7,069,487 6,959,157 CMF Registration N°760 08.20.2013 D 4,000,000 UF 3.8 % Semiannually 1,545,334 1,502,299 CMF Registration N°760 04.02.2014 E 3,000,000 UF 3.75 % Semiannually 1,027,009 998,409 CMF Registration N°912 10.10.2018 F 5,700,000 UF 2.83 % Semiannually 09.25-2039 1,013,805 Bonds USA — 365,000,000 US$ 5.0 % Semiannually 3,169,888 4,418,516 Total current portion 21,038,064 20,547,117 Bonds non-current portion CMF Registration N°254 CMF 06.13.2001 B UF 6.5 % Semiannually 52,132,023 56,795,423 CMF Registration N°641 08.23.2010 C 1,500,000 UF 4.0 % Semiannually 41,348,685 40,197,210 CMF Registration N°759 08.20.2013 C 500,000 UF 3.5 % Semiannually 6,891,448 13,399,069 CMF Registration N°760 08.20.2013 D 4,000,000 UF 3.8 % Semiannually 110,263,160 107,192,560 CMF Registration N°760 04.02.2014 E 3,000,000 UF 3.75 % Semiannually 82,697,378 80,394,428 CMF Registration N°912 10.10.2018 F 5,700,000 UF 2.83 % Semiannually 09.25-2039 157,125,003 Bonds USA — 365,000,000 US$ 5.0 % Semiannually 253,591,050 353,481,250 Bonds non-current portion 704,048,747 651,459,940 Accrued interest included in the current portion of bonds totaled ThCh$ 7,856,274 and ThCh$8,105,642 at December 31, 2018 and 2017, respectively. 15.2.3 Non -current maturities Year of maturity Total non- more than 1 more than 2 more than 3 current Series to 2 to 3 to 4 More than 5 12.31.2018 ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ SVS Registration N°254 06.13.2001 B 6,704,717 7,134,663 7,598,414 30,694,229 52,132,023 SVS Registration N°641 08.23.2010 C — 1,879,436 3,758,871 35,710,378 41,348,685 SVS Registration N°759 08.20.2013 C 3,445,724 3,445,724 — — 6,891,448 SVS Registration N°760 08.20.2013 D — — — 110,263,160 110,263,160 SVS Registration N°760 04.02.2014 E — — — 82,697,378 82,697,378 CMF Registration N°912 10.10.2018 F 157,125,003 157,125,003 Bonds USA — — — — 253,591,050 253,591,050 Total 10,150,441 12,459,823 11,357,285 670,081,198 704,048,747 15.2.4 Market rating The bonds issued on the Chilean market had the following rating as of December 31, 2018: AA : ICR Compañía Clasificadora de Riesgo Ltda. rating AA : Fitch Chile Clasificadora de Riesgo Limitada rating The rating of bonds issued on the international market as of December 31, 2018, is the following: BBB : Standard&Poors rating BBB+ : Fitch Chile Clasificadora de Riesgo Limitada rating. 15.2.5 Restrictions 15.2.5. 1 Restrictions regarding bonds placed abroad. On September 26, 2013, Andina issued a bond in the U.S. Market (Bonds USA) for US$575 million at a coupon rate of 5.0% maturing on October 1, 2023. These bonds do not have financial restrictions. In October 2018, there was a partial repurchase of this bond for US $210 million, with US$365 million remaining outstanding. 15.2.5. 2 Restrictions regarding bonds placed in the local market. For purposes of the calculation of the covenants, the amount of EBITDA that was agreed on each bond issue is included. Restrictions regarding the issuance of bonds for a fixed amount registered under number 254. The outstanding series as of December 31, 2018, is Series B for a nominal amount of up to UF 4 million, of which amount UF 3.7 million in bonds were placed with final maturity in the year 2026 at a 6.50% annual interest rate. The balance of outstanding capital as of December 31, 2018 is UF 2,228 million. Series B was issued with charge to the bonds line registered with the Securities Registered under number 254 dated September 13, 2001. Regarding Series B, the Issuer is subject to the following restrictions : · Maintain an indebtedness level where Consolidated Financial Liabilities to Consolidated Equity does not exceed 1.20 times. For these purposes Consolidated Financial Liabilities shall be regarded as Liabilities Receivables accruing interest, namely: (i) other current financial liabilities, plus (ii) other non-current financial liabilities, less (iii) asset balances of derivative financial instruments, taken to cover exchange rate or interest rate risks on financial liabilities under “Other Current Financial Assets” and “Other non-current Financial Assets” of the Issuer’s Consolidated Financial Statements. Consolidated Equity will be regarded as total equity including non-controlling interest. As of December 31, 2018, indebtedness level is 0.78 times of Consolidated Equity. · Maintain, and in no manner lose, sell, assign or transfer to a third party, the geographical area currently denominated as the “Metropolitan Region” (Región Metropolitana) as a territory in Chile in which we have been authorized by The Coca-Cola Company for the development, production, sale and distribution of products and brands of the licensor, in accordance to the respective bottler or license agreement, renewable from time to time. · Not lose, sell, assign, or transfer to a third party any other territory of Argentina or Brazil, which as of this date is franchised by TCCC to the Company for the development, production, sale and distribution of products and brands of such licensor, as long as any of these territories account for more than 40% of the Issuer’s Adjusted Consolidated Operating Cash Flow. · Maintain consolidated assets free of any pledge, mortgage or other encumbrances for an amount at least equal to 1.3 times of the issuer’s unsecured consolidated liabilities. Unsecured consolidated liabilities payable shall be regarded as the total liabilities, obligations and debts of the issuer that are not secured by real guarantees on goods and assets of the latter, voluntarily and conventionally constituted by the issuer less the asset balances of derivative financial instruments, taken to cover exchange rate or interest rate risks on financial liabilities under “Other Current Financial Assets” and “Other non-current Financial Assets” of the Issuer’s Consolidated Statement of Financial Position. The following will be considered in determining Consolidated Assets: assets free of any pledge, mortgage or other lien, as well as those assets having a pledge, mortgage or real encumbrances that operate solely by law, less asset balances of derivative financial instruments, taken to hedge exchange rate or interest rate risks on financial liabilities under “Other Current Financial Assets” and “Other non-current Financial Assets” of the Issuer’s Consolidated Statement of Financial Position. Therefore, Consolidated Assets free of any pledge, mortgage or other lien will only be regarded as those assets free of any pledge, mortgage or other real lien voluntarily and conventionally constituted by the issuer less asset balances of derivative financial instruments, taken to cover exchange rate or interest rate risks on financial liabilities and under “Other Current Financial Assets” and “Other non-current Financial Assets” of the Issuer’s Consolidated Statement of Financial Position. As of December 31, 2018, this index is 1.66 times. Restrictions regarding bond lines registered in the Securities Registered under number 641. Because of our merger with Coca-Cola Polar S.A., Andina became a debtor of the following two bonds placed in the Chilean market in 2010: · UF 1.5 million of Series C bonds due 2031, bearing an annual interest rate of 4.00%. As of December 31, 2018, the balance of outstanding capital is UF 1.5 million. Series C was issued with charge to the Bond Lines registered with the Securities Registrar, under number 641, on August 23, 2010. Regarding Series C, the Issuer is subject to the following restrictions : · Maintain a level of “Net Financial Debt” within its quarterly financial statements that may not exceed 1.5 times, measured over figures included in its consolidated statement of financial position. To this end, net financial debt shall be defined as the ratio between net financial debt and total equity of the issuer (equity attributable to controlling owners plus non-controlling interest). On its part, net financial debt will be the difference between the Issuer’s financial debt and cash. As of December 31, 2018, Net Financial Debt was 0.62 times. · Maintain consolidated assets free of any pledge, mortgage or other encumbrances for an amount at least equal to 1.3 times of the issuer’s unsecured consolidated liabilities. Unencumbered assets refer to the assets that meet the following conditions: are the property of the issuer; classified under Total Assets of the Issuer’s Financial Statements; and that are free of any pledge, mortgage or other liens constituted in favor of third parties, less “Other Current Financial Assets” and “Other Non-Current Financial Assets” of the Issuer’s Financial Statements (to the extent they correspond to asset balances of derivative financial instruments, taken to hedge exchange rate and interest rate risk of the financial liabilities). Unsecured total liabilities correspond to: liabilities from Total Current Liabilities and Total Non-Current Liabilities of Issuer’s Financial Statement which do not benefit from preferences or privileges, less “Other Current Financial Assets” and “Other Non-Current Financial Assets” of the Issuer’s Financial Statements (to the extent they correspond to asset balances of derivative financial instruments, taken to hedge exchange rate and interest rate risk of the financial liabilities). As of December 31, 2018, this index is 1.66 times. · Maintain a level of “Financial net coverage” in its quarterly financial statements of more than 3 times. Net financial coverage means the ratio between the Issuer’s Ebitda for the past 12 months and net financial expenses (financial income less financial expenses) of the issuer for the past 12 months. However, this restriction will be considered breached when the mentioned net financial coverage level is lower than the level previously indicated during two consecutive quarters. As of December 31, 2018, Net Financial Coverage level is 6.08 times. Restrictions regarding bond lines registered in the Securities Registrar under numbers 759 and 760. During 2013 and 2014, Andina placed local bonds in the Chilean market. The issuances were structured into three series. · Series C outstanding as of December 31, 2018, for a nominal value of up to UF 3 million, of which bonds were placed for a nominal amount of UF1.0 million with final maturity during year 2020 at an annual interest rate of 3.50% issued against line number 759. Outstanding capital as of December 31, 2018, is UF 0.500 million. · Series D and E outstanding as of December 31, 2018, for a total nominal value of UF 8 million, of which UF 4 million were placed in bonds during August 2013 (series D) and UF 3 million during April 2014 (series E), with final maturity in 2034 and 2035, respectively, issued with charge against line number 760. The annual interest rates are 3.8% for Series D and 3.75% for Series E. The outstanding capital balance as of December 31, 2018, of both series amounts to UF 7.000 million. Regarding Series C, D and E, the Issuer is subject to the following restrictions : · Maintain an indebtedness level where Consolidated Financial Liabilities to Consolidated Equity does not exceed 1.20 times. For these purposes Consolidated Financial Liabilities shall be regarded as Liabilities Receivables accruing interest, namely: (i) other current financial liabilities, plus (ii) other non-current financial liabilities, less (iii) cash and cash equivalent and (iv) other current financial assets, and (v) other non-current financial assets (to the extent they are asset balances of derivative financial instruments, taken to hedge exchange rate or interest rate risks on financial liabilities). Consolidated Equity will be regarded as total equity including non-controlling interest. As of December 31, 2018, Indebtedness Level is 0.62 times of Consolidated Equity. · Maintain consolidated assets free of any pledge, mortgage or other encumbrances for an amount at least equal to 1.3 times of the issuer’s unsecured consolidated liabilities payable. Unsecured Consolidated Liabilities Payable shall be regarded as the total liabilities, obligations and debts of the issuer that are not secured by real guarantees on goods and assets of the latter, voluntarily and conventionally constituted by the issuer less the asset balances of derivative financial instruments, taken to cover exchange rate or interest rate risks on financial liabilities under “Other Current Financial Assets” and “Other non-current Financial Assets” of the Issuer’s Consolidated Statement of Financial Position. The following will be considered in determining Consolidated Assets: assets free of any pledge, mortgage or other lien, as well as those assets having a pledge, mortgage or real encumbrances that operate solely by law, less asset balances of derivative financial instruments, taken to hedge exchange rate or interest rate risks on financial liabilities under “Other Current Financial Assets” and “Other non-current Financial Assets” of the Issuer’s Consolidated Financial Statements. Therefore, Consolidated Assets free of any pledge, mortgage or other lien will only be regarded as those assets free of any pledge, mortgage or other real lien voluntarily and conventionally constituted by the issuer less asset balances of derivative financial instruments, taken to cover exchange rate or interest rate risks on financial liabilities and under “Other Current Financial Assets” and “Other non-current Financial Assets” of the Issuer’s Consolidated Statement of Financial Position. As of December 31, 2018, this index is 1.66 times. · Maintain, and in no manner, lose, sell, assign or transfer to a third party, the geographical area currently denominated as the “Metropolitan Region” as a territory franchised to the Issuer in Chile by The Coca-Cola Company, hereinafter also referred to as “ TCCC ” or the “ Licensor ” for the development, production, sale and distribution of products and brands of said licensor, in accordance to the respective bottler or license agreement, renewable from time to time. Losing said territory, means the non-renewal, early termination or cancellation of this license agreement by TCCC, for the geographical area today called “Metropolitan Region”. This reason shall not apply if, as a result of the loss, sale, transfer or disposition, of that licensed territory is purchased or acquired by a subsidiary or an entity that consolidates in terms of accounting with the Issuer. · Not lose, sell, assign, or transfer to a third party any other territory of Argentina or Brazil, which as of the issuance date of these instruments is franchised by TCCC to the Issuer for the development, production, sale and distribution of products and brands of such licensor, as long as any of these territories account for more than 40% of the Issuer’s Adjusted Consolidated Operating Cash Flow of the audited period immediately before the moment of loss, sale, assignment or transfer. For these purposes, the term “Adjusted Consolidated Operating Cash Flow” shall mean the addition of the following accounting accounts of the Issuer’s Consolidated Statement of Financial Position: (i) “Gross Profit” which includes regular activities and cost of sales; less (ii) “Distribution Costs”; less (iii) “Administrative Expenses”; plus (iv) “Participation in profits (losses) of associates and joint ventures that are accounted for using the equity method”; plus (v) “Depreciation”; plus (vi) “Intangibles Amortization”. Restrictions regarding bond lines registered in the Securities Registrar under number 912. In October 2018, a Series F bond was issued in the amount of UF 5.7 million due 2039 and accruing an annual interest rate of 2.8%. Regarding Series F Local Bond, the Issuer is subject to the following restrictions: · Maintain an indebtedness level where Consolidated Financial Liabilities to Consolidated Equity does not exceed 1.20 times. For these purposes Consolidated Financial Liabilities shall be regarded as Liabilities Receivables accruing interest, namely: (i) other current financial liabilities, plus (ii) other non-current financial liabilities, less (iii) cash and cash equivalent and (iv) other current financial assets, and (v) other non-current financial assets (to the extent they are asset balances of derivative financial instruments, taken to hedge exchange rate or interest rate risks on financial liabilities). Consolidated Equity will be regarded as total equity including non-controlling interest. As of December 31, 2018, this index equals 0.62 times. · Maintain consolidated assets free of any pledge, mortgage or other encumbrances for an amount at least equal to 1.3 times of the issuer’s unsecured consolidated liabilities payable. Unsecured Consolidated Liabilities Payable shall be regarded as the total liabilities, obligations and debts of the issuer that are not secured by real guarantees on goods and assets of the latter, voluntarily and conventionally constituted by the issuer less the asset balances of derivative financial instruments, taken to cover exchange rate or interest rate risks on financial liabilities under "Other Current Financial Assets" and "Other non-current Financial Assets" of the Issuer’s Consolidated Statement of Financial Position. The following will be considered in determining Consolidated Assets: assets free of any pledge, mortgage or other lien, as well as those assets having a pledge, mortgage or real encumbrances that operate solely by law, less asset balances of derivative financial instruments, taken to hedge exchange rate or interest rate risks on financial liabilities under "Other Current Financial Assets" and "Other non-current Financial Assets" of the Issuer’s Consolidated Financial Statements. Therefore, Consolidated Assets free of any pledge, mortgage or other lien will only be regarded as those assets free of any pledge, mortgage or other real lien voluntarily and conventionally constituted by the issuer less asset balances of derivative financial instruments, taken to cover exchange rate or interest rate risks on financial liabilities and under "Other Current Financial Assets" and "Other non-current Financial Assets" of the Issuer’s Consolidated Statement of Financial Position. As of December 31, 2018, this index equals 1.66 times. · Maintain, and in no manner, lose, sell, assign or transfer to a third party, the geographical area currently denominated as the “Metropolitan Region” as a territory franchised to the Issuer in Chile by The Coca-Cola Company, for the development, production, sale and distribution of products and brands of said licensor, in accordance to the respective bottler or license agreement, renewable from time to time. Losing said territory, means the non-renewal, early termination or cancellation of this license agreement by TCCC, for the geographical area today called "Metropolitan Region". This reason shall not apply if, as a result of the loss, sale, transfer or disposition, of that licensed territory is purchased or acquired by a subsidiary or an entity that consolidates in terms of accounting with the Issuer. · Not lose, sell, assign, or transfer to a third party any other territory of Argentina or Brazil, which as of the issuance date of local bonds Series C, D and E is franchised by TCCC to the Issuer for the development, production, sale and distribution of products and brands of such licensor, as long as any of these territories account for more than 40% of the Issuer's Adjusted Consolidated Operating Cash Flow of the audited period immediately before the moment of loss, sale, assignment or transfer. For these purposes, the term "Adjusted Consolidated Operating Cash Flow" shall mean the addition of the following accounting accounts of the Issuer's Consolidated Statement of Financial Position: (i) "Gross Profit" which includes regular activities and cost of sales; less (ii) "Distribution Costs"; less (iii) "Administrative Expenses"; plus (iv) "Participation in profits (losses) of associates and joint ventures that are accounted for using the equity method"; plus (v) "Depreciation"; plus (vi) "Intangibles Amortization". As of December 31, 2018, and December 31, 2017, the Company complies with all financial collaterals. 15.2.6 Repurchased bonds In addition to UF bonds, the Company holds bonds that it has repurchased in full through companies that are included in the consolidation: The subsidiary Rio de Janeiro Refrescos Ltda. maintains a liability corresponding to a bond issuance for US $75 million due in December 2020 and semi-annual interest payments. As of December 31, 2017, these issues are held by Andina. On January 1, 2013, Abisa Corp S.A. transferred the totality of this asset to Embotelladora are Andina S.A., the latter becoming the creditor of the above-mentioned Brazilian subsidiary. Consequently, the assets and liabilities related to the transaction have been eliminated from these Consolidated Financial Statements. In addition, the transaction has been treated as a net investment of the group in the Brazilian subsidiary; consequently, the effects of exchange rate differences between the dollar and the functional currency of each one has been recorded in other comprehensive income. 15.3. 1 Derivative contract obligations Please see details in Note 20. 15.4. 1 Current liabilities for leasing agreements Maturity Total Indebted Entity Creditor Entity Amortization Effective Nominal Up to 90 days to at At Name Country Tax ID type Type Currency Type rate rate 90 days 1 year 12.31.2018 12.31.2017 ThCh$ ThCh$ ThCh$ ThCh$ Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Itaú Brazil Brazilian real Monthly 10.215 % 10.227 % 11,996 , 11,996 41,467 Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Santander Brazil Brazilian real Monthly 9.65 % 9.47 % 51,766 23,494 75,260 504,815 Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Citibank Brazil Brazilian real Monthly 8.54 % 8.52 % 57,750 51,823 109,573 528,801 Rio de Janeiro Refrescos Ltda. Brazil Foreign Cogeração Light Esco Brazil Brazilian real Monthly 13.00 % 12.28 % 171,115 545,863 716,978 657,610 Rio de Janeiro Refrescos Ltda. Brazil Foreign Tetra Pack Brazil Brazilian real Monthly 7.65 % 7.39 % 57,561 282,104 339,665 — Embotelladora del Atlántico S.A. Argentina Foreign Tetra Pak SRL Argentina Dollars Monthly 12.00 % 12.00 % 280,995 — 280,995 327,632 Total 1,534,467 2,060,325 15.4.2 Non-current liabilities for leasing agreements December 31, 2018 Maturity Indebted Entity Creditor Entity Amortization Effective Nominal 1 year to 2 years to 3 years to 4 years to More at Name Country Tax ID Name type Currency Type rate Rate 2 years 3 years 4 years 5 years 5 years 12.31.2018 ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Rio de Janeiro Refrescos Ltda. Brazil Foreign Cogeração Light Esco Brazil Brazilian real Monthly 13.00 % 12.28 % 810,185 915,509 1,034,525 1,169,014 9,466,995 13,396,228 Rio de Janeiro Refrescos Ltda. Brazil Foreign Tetra Pack Brazil Brazilian real Monthly 7.65 % 7.39 % 401,240 — — — — 401,240 TOTAL 13,797,468 15.4.3 Non-current liabilities for leasing agreements December 31, 2017 Maturity Indebted Entity Creditor Entity Amortization Effective Nominal 1 year to 2 years to 3 years to 4 years to More at Tax ID Name Country Tax, ID Name Country Currency Type rate Rate 2 years 3 years 4 years 5 years 5 years 12.31.2017 ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Itaú Brazil Brazilian real Monthly 10.21 % 10.22 % 11,764 — — — — 11,764 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Santander Brazil Brazilian real Monthly 9.65 % 9.47 % 73,799 — — — — 73,799 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Citibank Brazil Brazilian real Monthly 8.54 % 8.52 % 105,807 — — — — 105,807 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Cogeração Light Esco Brazil Brazilian real Monthly 13.00 % 12.28 % 743,100 839,703 948,864 1,072,216 10,685,852 14,289,735 Total 14,481,105 15.4.4 Current and non-current leasing agreements obligations “Restrictions” Leasing agreement obligations are not subject to financial restrictions for the reported periods.

TRADE AND OTHER ACCOUNTS PAYABL

TRADE AND OTHER ACCOUNTS PAYABLE, CURRENT AND NON-CURRENT	12 Months Ended
	Dec. 31, 2018
TRADE AND OTHER ACCOUNTS PAYABLE, CURRENT AND NON-CURRENT
TRADE AND OTHER ACCOUNTS PAYABLE, CURRENT AND NON-CURRENT	NOTE 16 - TRADE AND OTHER ACCOUNTS PAYABLE, CURRENT AND NON-CURRENT Trade and other current accounts payable are detailed as follows: Item 12.31.2018 12.31.2017 ThCh$ ThCh$ Trade accounts payable 174,486,806 187,872,116 Withholdings tax 47,693,379 49,857,086 Accounts payable Inamar Ltda. (1) — 356,221 Others 16,665,327 20,566,980 Total 238,845,512 258,652,403 Current 238,109,847 257,519,477 Non-current 735,665 1,132,926 Total 238,845,512 258,652,403 The Company maintains commercial lease agreements for forklifts, vehicles, properties and machinery. These lease agreements have an average duration of one to eight years excluding renewal options. Accruable liabilities pursuant to the Company’s operating leasing agreements are detailed as follows: Accruable liability ThCh$ Maturity within one year 3,823,849 Maturity between one and five years 4,259,402 Maturity more than five years 480,963 Total 8,564,214 Total expenses related to operating leases maintained by the Company as of December 31, 2018 amount to ThCh$6,133,282.

OTHER PROVISIONS, CURRENT AND N

OTHER PROVISIONS, CURRENT AND NON-CURRENT	12 Months Ended
	Dec. 31, 2018
OTHER PROVISIONS, CURRENT AND NON-CURRENT
OTHER PROVISIONS, CURRENT AND NON-CURRENT	NOTE 17 -- OTHER PROVISIONS, CURRENT AND NON-CURRENT 17. 1 Balances This account is detailed as follows: Description 12.31.2018 12.31.2017 ThCh$ ThCh$ Litigation (1) 62,452,526 65,624,166 Total 62,452,526 65,624,166 Current Non-current Total (1) Corresponds to the provision for probable fiscal, labor and trade contingency losses based on the opinion of our legal advisors, detailed as follows: Detail (see note 21.1) 12.31.2018 12.31.2017 ThCh$ ThCh$ Tax Contingencies 47,991,514 49,185,234 Labor Contingencies 10,376,830 10,468,704 Civil Contingencies 4,084,182 5,970,228 Total 65,624,166 17. 2 Movements The movement of principal provisions over law suits is detailed as follows: Description 12.31.2018 12.31.2017 ThCh$ ThCh$ Opening Balance as of January 01 65,624,166 73,081,893 Additional provisions 46,657 2,493,968 Increase (decrease) in existing provisions (4,998,530) (19,083,499) Payments 6,139,963 22,985,793 Reverse unused provision (*) (2,157,152) (6,769,384) Increase (decrease) due to foreign exchange differences (2,202,578) (7,084,605) Total 62,452,526 65,624,166 (*) During fiscal years 2018 and 2017 there have been reversals of provisions amounting to Th$ 2,157,152 and Th$6,769,384, respectively which resulted from fines demanded by the Brazilian Treasury on the use of tax credits, because of favorable rulings on the subject for Rio de Janeiro Refrescos Ltda.

OTHER CURRENT AND NON-CURRENT_3

OTHER CURRENT AND NON-CURRENT NON-FINANCIAL LIABILITIES	12 Months Ended
	Dec. 31, 2018
OTHER CURRENT AND NON-CURRENT NON-FINANCIAL LIABILITIES
OTHER CURRENT AND NON-CURRENT NON-FINANCIAL LIABILITIES	NOTE 18 -- OTHER CURRENT AND NON-CURRENT NON-FINANCIAL LIABILITIES Other current and non-current liabilities at each reporting period end are detailed as follows: Description 12.31.2018 12.31.2017 ThCh$ ThCh$ Dividend payable 21,584,314 21,679,922 Other 12,189,900 5,328,055 Total 33,774,214 27,007,977

EQUITY

EQUITY	12 Months Ended
	Dec. 31, 2018
EQUITY
EQUITY	NOTE 19 -- EQUITY 19. 1 Number of shares: Number of shares subscribed Number of shares paid in Number of voting shares Series 2018 2017 2016 2018 2017 2016 2018 2017 2016 A 473,289,301 473,289,301 473,289,301 473,289,301 473,289,301 473,289,301 473,289,301 473,289,301 473,289,301 B 473,281,303 473,281,303 473,281,303 473,281,303 473,281,303 473,281,303 473,281,303 473,281,303 473,281,303 19.1. 1 Equity : Subscribed Capital Paid-in capital Series 2018 2017 2016 2018 2017 2016 ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ A 135,379,504 135,379,504 135,379,504 135,379,504 135,379,504 135,379,504 B 135,358,070 135,358,070 135,358,070 135,358,070 135,358,070 135,358,070 Total 270,737,574 270,737,574 270,737,574 270,737,574 270,737,574 270,737,574 19.1. 2 Rights of each series: · Series A : Elects 12 of the 14 Directors · Series B : Receives an additional 10% of dividends distributed to Series A and elects 2 of the 14 Directors. 19. 2 Dividend policy According to Chilean law, cash dividends must be paid equal to at least 30% of annual net profit, barring a unanimous vote by shareholders to the contrary. If there is no net profit in a given year, the Company will not be legally obligated to pay dividends from retained earnings. At the ordinary Shareholders’ Meeting held in April 2018, the shareholders agreed to pay out of the 2017 earnings are final dividend to complete the 30% required by the Law 18,046 which will be paid in May 2018, and an additional dividend will be paid in August 2018. The dividends declared and paid per share are presented below: Profits Dividend imputable to Ch$ per Series Ch$ per Series Payment month type dividends A Share B Share 2017 January Interim 2016 19.00 20.90 2017 May Final 2016 19.00 20.90 2017 August Additional Retained Earnings 19.00 20.90 2017 October Interim 2017 19.00 20.90 2018 January Interim 2017 21.50 23.65 2018 May Final 2017 21.50 23.65 2018 August Additional Retained Earnings 21.50 23.65 2018 October Interim 2018 21.50 23.65 2019 January Interim 2018 21.50 23.65 19. 3 Other Reserves The balance of other reserves includes the following: Description 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Polar acquisition 421,701,520 421,701,520 421,701,520 Foreign currency translation reserves (306,674,528) (237,077,572) (168,744,355) Cash flow hedge reserve (13,668,932) (3,094,671) (2,448,175) Reserve for employee benefit actuarial gains or losses (1,954,077) (1,915,587) (1,785,032) Legal and statutory reserves 5,435,538 5,435,538 5,435,538 Other 6,014,568 — — Total 110,854,089 254,159,496 19.3. 1 Polar acquisition This amount corresponds to the fair value of the issuance of shares of Embotelladora Andina S.A., used to acquire Embotelladoras Coca-Cola Polar S.A., which was the value of the capital increase notarized in legal terms. 19.3. 2 Cash flow hedge reserve They arise from the fair value of the existing derivative contracts that have been qualified for hedge accounting at the end of each financial period. When contracts are expired, these reserves are adjusted and recognized in the income statement in the corresponding period (see Note 20). 19.3. 3 Reserve for employee benefit actuarial gains or losses Corresponds to the restatement effect of employee benefits actuarial losses that according to IAS 19 amendments must be carried to other comprehensive income. 19.3. 4 Legal and statutory reserves The balance of other reserves is established through the following concept: In accordance with Official Circular N° 456 issued by the Chilean Financial Market Commission (CMF), the legally required price-level restatement of paid-in capital for 2009 is presented as part of other equity reserves and is accounted for as a capitalization from Other Reserves with no impact on net income or retained earnings under IFRS. This amount totaled ThCh$ 5,435,538 as of December 31, 2009 19.3. 5 Foreign currency translation reserves This corresponds to the conversion of the financial statements of foreign subsidiaries whose functional currency is different from the presentation currency of the Consolidated Financial Statements. Additionally, exchange differences between accounts receivable kept by the companies in Chile with foreign subsidiaries are presented in this account, which have been treated as investment equivalents accounted for using the equity method. Translation reserves are detailed as follows: Details 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Brazil (99,990,343) (90,156,924) (58,306,230) Argentina (201,118,180) (128,348,112) (108,386,213) Paraguay 8,623,849 (4,862,332) 10,545,453 Exchange rate differences in related companies (14,189,854) (13,710,204) (12,597,365) Total (306,674,528) (237,077,572) (168,744,355) The movement of this reserve for the fiscal years ended December 31, 2018, 2017 and 2016, is detailed as follows: Details 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Brazil (10,313,069) (32,963,533) 30,138,065 Argentina (72,770,068) (19,961,899) (23,472,215) Paraguay 13,486,181 (15,407,785) (11,183,004) Exchange rate differences in related companies — — 3,219,956 Total (69,596,956) (68,333,217) (1,297,198) 19.3.6 Consolidated statements of comprehensive income As of December 31, 2018, 2017 and 2016, the detail of the comprehensive income and expense of the term is as follows: Gross Balance Tax Net Balance Cash Flow for hedge (1) (13,151,841) 2,554,551 (10,597,290) Exchange rate translation differences (1) (72,455,525) 2,476,204 (69,979,321) Benefit relate to defined benefit plans (63,463) 16,184 (47,279) Total Comprenhensive income as of December 31, 2018 (85,670,829) 5,046,939 (80,623,890) Gross Balance Tax Net Balance Cash Flow for hedge (1) (813,844) 167,348 (646,496) Exchange rate translation differences (1) (68,831,435) 232,666 (68,598,769) Benefit relate to defined benefit plans (329,477) 84,017 (245,460) Total Comprenhensive income as of December 31, 2017 (69,974,756) 484,031 (69,490,725) Gross Balance Tax Net Balance Cash Flow for hedge (1) (42,836,575) 13,301,186 (29,535,389) Exchange rate translation differences (1) 148,686 (2,431,408) (2,282,722) Benefit relate to defined benefit plans (29,423) 7,060 (22,363) Total Comprenhensive income as of December 31, 2016 (42,717,312) 10,876,838 (31,840,474) (1) The movement of comprehensive income and expense is as follows: Benefit related Cash Flow Exchange rate to defines As of December 31, 2018: Hedge Differences benefit plans M$ M$ M$ Increase (decrease) (63,699,788) (72,455,525) (334,508) Deferred taxes 20,217,065 2,476,204 89,366 Reclassification to the result by function 48,415,956 — 271,045 Reclassification of deferred taxes related to other reserves (15,530,523) — (73,182) Total Changes in Equity (10,597,290) (69,979,321) (47,279) Equity holders of the parent (10,597,290) (69,592,296) (43,150) Non-Controlling interests — (387,025) (4,129) Total Changes in equity as of December 31, 2018 (10,597,290) (69,979,321) (47,279) Benefit related Cash Flow Exchange rate to defines As of December 31, 2017: Hedge Differences benefit plans M$ M$ M$ Increase (decrease) (14,172,572) (68,831,435) (476,044) Deferred taxes 3,875,908 232,666 121,390 Reclassification to the result by function 13,352,835 — 146,564 Reclassification of deferred taxes related to other reserves (3,702,667) — (37,370) Total Changes in Equity (646,496) (68,598,769) (245,460) Equity holders of the parent (646,496) (68,333,217) (130,555) Non-Controlling interests — (265,552) (114,905) Total Changes in equity as of December 31, 2017 (646,496) (68,598,769) (245,460) Benefit related Cash Flow Exchange rate to defines As of December 31, 2016: Hedge Differences benefit plans M$ M$ M$ Increase (decrease) (119,668,724) 148,686 (359,258) Deferred taxes 38,337,727 (2,431,408) 86,222 Reclassification to the result by function 76,802,629 — 313,341 Reclassification of deferred taxes related to other reserves (25,007,021) — (62,668) Total Changes in Equity (29,535,389) (2,282,722) (22,363) Equity holders of the parent (29,535,389) (1,297,198) 11,253 Non-Controlling interests — (985,524) (33,616) Total Changes in equity as of December 31, 2016 (29,535,389) (2,282,722) (22,363) 19. 4 Non -controlling interests This is the recognition of the portion of equity and income from subsidiaries owned by third parties. As of December 31, 2018, 2017 and 2016, this account is detailed as follows: Non-controlling Interests Ownership % Shareholders’ Equity Income December December December December December December Details 2018 2017 2016 2018 2017 2016 2018 2017 2016 ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Embotelladora del Atlántico S.A. 0.0171 0.0171 0.0171 23,260 13,765 12,209 3,633 5,590 5,502 Andina Empaques Argentina S.A. 0.0209 0.0209 0.0209 2,113 2,213 2,062 96 711 785 Paraguay Refrescos S.A. 2.1697 2.1697 2.1697 5,378,074 5,045,792 5,337,687 556,112 502,945 504,806 Vital S.A. 35.0000 35.0000 35.0000 7,674,785 9,261,108 9,054,947 271,063 283,327 319,858 Vital Aguas S.A. 33.5000 33.5000 33.5000 1,986,493 2,117,098 2,027,879 36,696 151,647 23,744 Envases Central S.A. 40.7300 40.7300 40.7300 4,836,892 5,483,317 5,129,661 (20,225) 220,715 668,425 Total 19,901,617 21,923,293 21,564,445 847,375 1,164,935 1,523,120 The following tables presents summarized information regarding the Company´s subsidiaries owned by third parties as of December 31, 2018, 2017 and 2016: Andina Embotelladora Empaques Paraguay Del Atlantico Argentina Refrescos Vital Jugos Vital Aguas Envases December 31,2018 S.A. S.A. S.A. S.A. S.A. Central S.A. Total current assets 78,222,876 4,329,932 37,309,706 16,005,424 4,616,490 13,737,336 Total non-current assets 156,224,157 9,251,880 248,751,791 16,969,708 5,287,639 Total current liabilities 82,148,269 2,309,810 21,870,719 11,018,878 3,803,117 13,063,735 Total non-current liabilities 15,897,476 1,169,270 16,323,385 28,298 171,184 1,041,400 Net sales 406,216,738 16,034,964 149,588,252 56,724,318 15,859,403 59,433,099 Net Income 21,304,406 458,980 25,630,364 774,466 109,539 (112,302) Andina Embotelladora Empaques Paraguay Del Atlantico Argentina Refrescos Vital Jugos Vital Aguas Envases December 31,2017 S.A. S.A. S.A. S.A. S.A. Central S.A. Total current assets 97,285,008 7,143,561 30,419,844 21,135,712 4,296,412 8,343,734 Total non-current assets 94,369,129 6,413,307 234,278,288 19,691,418 5,876,875 14,243,627 Total current liabilities 109,594,738 2,944,499 17,297,339 14,244,283 3,698,382 7,410,662 Total non-current liabilities 1,339,723 28,444 14,487,776 128,071 157,558 1,710,709 Net sales 544,585,291 20,698,427 141,277,230 68,884,622 14,642,493 39,205,943 Net Income 32,781,977 3,398,080 23,179,968 809,507 452,679 541,927 Andina Embotelladora Empaques Paraguay Del Atlantico Argentina Refrescos Vital Jugos Vital Aguas Envases December 31,2016 S.A. S.A. S.A. S.A. S.A. Central S.A. Total current assets 110,564,779 6,680,394 35,283,479 19,265,466 4,783,537 8,508,056 Total non-current assets 98,518,204 7,381,968 243,615,898 22,297,712 6,298,423 12,034,286 Total current liabilities 132,431,541 4,061,713 17,192,489 15,246,108 4,884,341 7,333,325 Total non-current liabilities 1,621,792 141,258 16,011,340 445,794 144,250 614,711 Net sales 507,946,578 20,601,647 132,005,503 75,788,427 14,437,818 40,342,848 Net Income 32,268,140 3,754,831 23,045,844 913,880 70,878 1,641,112 19. 5 Earnings per share The basic earnings per share presented in the statement of comprehensive income is calculated as the quotient between income for the period and the average number of shares outstanding during the same period. Earnings per share used to calculate basic and diluted earnings per share is detailed as follows: 12.31.2018 Earnings per share SERIES A SERIES B TOTAL Earnings attributable to shareholders (ThCh$) 46,001,994 50,601,377 96,603,371 Average weighted number of shares 473,289,301 473,281,303 946,570,604 Earnings per basic and diluted share (in Chilean pesos) 97.20 106.92 102.06 12.31.2017 Earnings per share SERIES A SERIES B TOTAL Earnings attributable to shareholders (ThCh$) 56,112,755 61,723,035 117,835,790 Average weighted number of shares 473,289,301 473,281,303 946,570,604 Earnings per basic and diluted share (in Chilean pesos) 118.56 130.42 124.49 12.31.2016 Earnings per share SERIES A SERIES B TOTAL Earnings attributable to shareholders (ThCh$) 43,107,979 47,418,012 90,525,991 Average weighted number of shares 473,289,301 473,281,303 946,570,604 Earnings per basic and diluted share (in Chilean pesos) 91.08 100.19 95.64

DERIVATIVE ASSETS AND LIABILITI

DERIVATIVE ASSETS AND LIABILITIES	12 Months Ended
	Dec. 31, 2018
DERIVATIVE ASSETS AND LIABILITIES
DERIVATIVE ASSETS AND LIABILITIES	NOTE 20 - DERIVATIVE ASSETS AND LIABILITIES Embotelladora Andina currently maintains “Cross Currency Swaps” and “Currency Forward” agreements as Derivative Financial Assets. Cross Currency Swaps, also known as interest rate and currency swaps, are valued by the method of discounted future cash flows at a rate corresponding to the risk of the operation. The basis of the information used in the calculations is obtained in the market by using the Bloomberg terminal. Currently Embotelladora Andina maintains Cross Currency Swap for BRL/USD, for which it is necessary to discount future cash flows in Brazilian Reais and in U.S. Dollars. For this calculation, the Company uses as discount curves, the Brazilian Real Zero-Coupon and the U.S. Dollar Zero-Coupon. On the other hand, the fair value of forward currency contracts is calculated in reference to current forward exchange rates for contracts with similar maturity profiles. To perform the above calculation, the Company uses market information available on the Bloomberg terminal. As of the closing dates as of December 31, 2018 and December 31, 2017, the Company held the following derivative instruments: 20. 1 Derivatives accounted for as cash flow hedges: a) Cross Currency Swaps associated with US Bonds At December 31, 2018, the Company entered into cross currency swap derivative contracts to convert US Dollar public bond obligations of US$360 million into Real liabilities to hedge the Company’s exposure to variations in foreign exchange rates. Said contracts are valued at their value and the net value to be received as of December 31, 2018 amounted to ThCh$87,446,662. These swap contracts have the same terms of the underlying bond obligation and expire in 2023. Additionally, the fair value of these derivatives which is lower than the hedged items amounted to ThCh$14,089,111 and has been recognized within other equity reserves as of December 31, 2018. The ineffective portion for ThCh$2,07,802 in losses associated with this hedge was recorded in other gains and losses as of December 31, 2018. The amount of exchange differences recognized in the statement of income related to financial liabilities in U.S. dollars and the identified effective portion that was absorbed by the amounts recognized under comprehensive income amounted to ThCh$ 25,302,080 as of December 31, 2018. 20.2. Forward currency transactions expected to be very likely: During 2018 and 2017, the Company entered into foreign currency forward contracts to hedge its exposure to expected future raw materials purchases in US Dollars during these years. The total amount of outstanding forward contracts was US$56.8 million as of December 31, 2018 (US$62.8 million as of December 31, 2017). These agreements were recorded at fair value, resulting in net earnings due to hedge recycling of ThCh$7,583,354 for the period ended December 31, 2018, and hedge asset and liabilities of ThCh$669,527 and ThCh$130,829 , respectively. Contracts that ensure future flows of foreign currency have been designated as hedge agreements, as of December 31, 2018 with a pending amounted to be recycled to income in the amount of ThCh$397,151. Futures contracts that ensure prices of future raw materials have not been designated as hedge agreements, since they do not fulfill IFRS documentation requirements, whereby its effects on variations in fair value are accounted for directly under statements of income in the “other gains and losses” account. Fair value hierarchy As of December 31, 2018, the Company had total assets related to its foreign exchange derivative contracts for ThCh$88,116,189 (ThCh$62,367,852 as of December 31, 2017) and liabilities for ThCh$130,829 as of December 31, 2018 (ThCh$445,278 as of December 31, 2017). Those contracts covering existing items have been classified in the same category of hedged, the net amount of derivative contracts by concepts covering forecasted items have been classified in financial assets and financial liabilities. All the derivative contracts are carried at fair value in the consolidated statement of financial position. The Company uses the following hierarchy for determining and disclosing the fair value of financial instruments by valuation technique: Level 1: quoted (unadjusted) prices in active markets for identical assets or liabilities Level 2: Inputs other than quoted prices included in level 1 that are observable for the assets and liabilities, either directly (that is, as prices) or indirectly (that is, derived from prices) Level 3: Inputs for assets and liabilities that are not based on observable market data. During the reporting period, there were no transfers of items between fair value measurement categories; all of which were valued during the period using level 2. Fair Value Measurements at December 31, 2018 Quoted prices in active markets for identical assets or Observable Unobservable liabilities market data market data (Level 1) (Level 2) (Level 3) Total ThCh$ ThCh$ ThCh$ ThCh$ Assets Current assets Other current financial assets Other current financial assets — 669,527 669,527 Other non-current financial assets — 87,446,662 — 87,446,662 Total assets — 88,116,189 — 88,116,189 Liabilities Current liabilities Other current financial liabilities — 130,829 — 130,829 Total liabilities — 130,829 — 130,829 Fair Value Measurements at December 31, 2017 Quoted prices in active markets for identical assets or Observable Unobservable liabilities market data market data (Level 1) (Level 2) (Level 3) Total ThCh$ ThCh$ ThCh$ ThCh$ Assets Current assets Other current financial assets — 469,019 — 469,019 Other non-current financial assets — 61,898,833 — 61,898,833 Total assets — 62,367,852 — 62,367,852 Liabilities Current liabilities Other current financial liabilities — 445,278 — 445,278 Total liabilities — 445,278 — 445,278

CONTINGENCIES AND COMMITMENTS

CONTINGENCIES AND COMMITMENTS	12 Months Ended
	Dec. 31, 2018
CONTINGENCIES AND COMMITMENTS
CONTINGENCIES AND COMMITMENTS	NOTE 21 -- CONTINGENCIES AND COMMITMENTS 21. 1 Lawsuits and other legal actions: In the opinion of the Company’s legal counsel, the Parent Company and its subsidiaries do not face judicial or extra-judicial contingencies that might result in material or significant losses or gains, except for the following: 1) Embotelladora del Atlántico S.A. faces labor, tax, civil and trade lawsuits. Accounting provisions have been made for the contingency of a probable loss because of these lawsuits, totaling ThCh$948,042. Management considers it unlikely that non-provisioned contingencies will affect the Company’s income and equity, based on the opinion of its legal counsel. Additionally, Embotelladora del Atlántico S.A. maintains time deposits for an amount of ThCh$656,817 to guaranty judicial liabilities 2) Rio de Janeiro Refrescos Ltda. faces labor, tax, civil and trade lawsuits. Accounting provisions have been made for the contingency of a probable loss because of these lawsuits, totaling ThCh$55,518,871 Management considers it unlikely that non-provisioned contingencies will affect the Company’s income and equity, based on the opinion of its legal counsel. As it is customary in Brazil, Rio de Janeiro Refrescos Ltda. maintains judicial deposits and assets given in pledge to secure the compliance of certain processes, irrespective of whether these have been classified as a possible, probable or remote. The amounts deposited or pledged as legal guarantees as of December 31, 2018 and December 31, 2017, amounted to ThCh$31,143,415 and ThCh$31,953,725, respectively. To ensure fulfillment of the obligations arising from judicial proceedings faced in Brazil, Rio de Janeiro Refrescos Ltda., has taken guarantee insurance and guarantee letters amounting to R$986,396,119 with different financial institutions and insurance companies in Brazil, through which these entities after a 0.44% annual commission, become responsible of fulfilling obligations with the Brazilian tax authorities should any trial result against Rio de Janeiro Refrescos Ltda. Additionally, if the warranty and bail letters are executed, Rio de Janeiro Refrescos Ltda. promises to reimburse to the financial institutions and Insurance Companies any amounts disbursed by them to the Brazilian government. Main contingencies faced by Rio de Janeiro Refrescos are as follows: a) Tax contingencies resulting from credits on tax on industrialized products (IPI). Rio de Janeiro Refrescos is a party to a series of proceedings under way, in which the Brazilian federal tax authorities demand payment of value-added tax on industrialized products ( Imposto sobre Produtos Industrializados , or IPI) allegedly owed by ex-Companhia de Bebidas Ipiranga. The initial amount demanded reached R$1,330,473,161 (historical amount without adjustments), corresponding to different trials related to the same cause. In September 2014, one of these trials for R$598,745,218, was settled in favor of the Company, and additionally during 2017 several trials were settled in favor of the Company in the amount for R$135,282,155 however, there are new lawsuits arising after the purchase of ex-Companhia de Bebidas Ipiranga (October 2013) that amount to R$346,232,541. The Company rejects the position of the Brazilian tax authority in these procedures and considers that Companhia de Bebidas Ipiranga was entitled to claim IPI tax credits in connection with purchases of certain exempt raw materials from suppliers located in the Manaus free trade zone. Based on the opinion of its advisers, and judicial outcomes to date, Management estimates that these procedures do not represent probable losses and has not recorded a provision on these matters. Notwithstanding the above, the IFRS related to business combination in terms of distribution of the purchase price establish that contingencies must be measured one by one according to their probability of occurrence and discounted at fair value from the date on which it is deemed the loss can be generated. According to this criterion, from a total of identified contingencies amounting R$1,138,749,846 (including readjustments of current lawsuits), the Company recorded a provision for the beginning of business combination accounting in the amount R$203,070,206 equivalent to ThCh$36,411,450. b) Tax contingencies on ICMS and IPI causes. They refer mainly to tax settlements issued by advance appropriation of ICMS credits on fixed assets, payment of the replacement of ICMS tax to the operations, untimely IPI credits calculated on bonuses, among other claims. The Company does not consider that these judgments will result in significant losses, given that their loss, according to its legal counsel, is considered unlikely. However, the accounting standards of financial information related to business combination in terms of distribution of the purchase price, establish contingencies must be valued one by one according to their probability of occurrence and discounted to fair value from the date on which it is deemed that the loss can be generated. According to this criterion, an initial provision has been made in the business combination accounting for an amount of R$76,883,016 equivalent to ThCh$ 13,785,489. 1) Embotelladora Andina S.A. and its Chilean subsidiaries face labor, tax, civil and trade lawsuits. Accounting provisions have been made for the contingency of a probable loss because of these lawsuits, totaling ThCh$5,970,453. Management considers it is unlikely that non-provisioned contingencies will affect income and equity of the Company, in the opinion of its legal advisors. 2) Paraguay Refrescos S.A. faces tax, trade, labor and other lawsuits. Accounting provisions have been made for the contingency of any loss because of these lawsuits amounting to ThCh$15,160. Management considers it is unlikely that non-provisioned contingencies will affect income and equity of the Company, in the opinion of its legal advisors. 21. 2 Direct guarantees and restricted assets: Guarantees and restricted assets are detailed as follows: Guarantees that compromise assets including in the financial statements: Balance pending payment on the closing date Provided by Committed assets of the financial statements Guarantee in favor of Name Relationship Guarantee Type 12.31.2018 12.31.2017 ThCh$ ThCh$ Industria Metalúrgica Inamar Ltda. Embotelladora Andina S.A. Parent Company Land Property, plant and equipment — 17,991,202 Gas Licuado Lipigas S.A. Embotelladora Andina S.A. Parent Company Cash and cash equivalents Trade and other receivables 1,140 1,140 Hospital Militar Servicios Multivending Subsidiary Cash and cash equivalents Trade and other receivables — 4,727 Parque Arauco Servicios Multivending Subsidiary Cash and cash equivalents Trade and other receivables — 5,345 Aeropuerto Nuevo Pudahuel Servicios Multivending Subsidiary Cash and cash equivalents Other receivables — 10,129 Hospital FACH Servicios Multivending Subsidiary Cash and cash equivalents Other receivables — Inmob. E Invers. Supetar Ltda Transportes Polar S.A. Subsidiary Cash and cash equivalents Other non-current, non-financial assets Bodegas San Francisco Ltda. Transportes Polar S.A. Subsidiary Cash and cash equivalents Other non-current, non-financial assets — Maria Lobos Jamet Transportes Polar S.A. Subsidiary Cash and cash equivalents Trade and other receivables 2,565 2,565 Reclamaciones Trabajadores Rio de Janeiro Refrescos Ltda. Subsidiary Judicial deposit Other non-current, non-financial assets Reclamaciones Civiles Y Tributarias Rio de Janeiro Refrescos Ltda. Subsidiary Judicial deposit Other non-current, non-financial assets Instituciones Gubernamentales Rio de Janeiro Refrescos Ltda. Subsidiary Property, plant and equipment Property, plant and equipment Distribuidora Baraldo S.H. Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets Acuña Gomez Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 553 989 Nicanor López Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 395 707 Labarda Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 7 12 Municipalidad Bariloche Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 21,420 38,315 Municipalidad San Antonio Oeste Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 40,682 72,768 Municipalidad Carlos Casares Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 1,645 2,943 Municipalidad Chivilcoy Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 254,430 455,104 Others Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 78 140 Granada Maximiliano Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 3,317 5,934 Cicsa Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 4,612 8,249 Locadores Varios Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 46,169 53,900 Aduana De EZEIZA Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 3,013 6,608 Municipalidad De Junin Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 1,592 5,755 Almada Jorge Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 4,949 8,853 Municipalidad De Picun Leufu Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 72 128 Migoni Marano Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 112 — Farias Matias Luis Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 309 1,226 Temas Industriales SA - Embargo General de Fondos Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 231,077 — Gomez Alejandra Raquel Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 35 62 Lopez Gustavo Gerardo C/Inti Saic Y Otros Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 226 403 Fondo Fima Ahorro Plus C Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, financial assets — 519 Tribunal Superior De Justicia De La Provincia De Córdoba Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 290 — DBC SA C CERVECERIA ARGENTINA SA ISEMBECK Embotelladora del Atlántico S.A. Subsidiary Judicial Deposit Other non-current, non-financial assets 41,465 — Marcus A.Peña Paraguay Refrescos Subsidiary Building Property, plant and equipment 4,164 3,782 Mauricio J Cordero C Paraguay Refrescos Subsidiary Building Property, plant and equipment 904 800 José Ruoti Maltese Paraguay Refrescos Subsidiary Building Property, plant and equipment 758 715 Alejandro Galeano Paraguay Refrescos Subsidiary Building Property, plant and equipment 1,251 1,107 Ana Maria Mazó Paraguay Refrescos Subsidiary Building Property, plant and equipment 1,191 1,054 Total 31,816,784 50,651,324 Guarantees provided without obligation of assets included in the financial statements: Provided by Committed assets Amounts involved Warranty creditor Name Relationship Guarantee Type 12.31.2018 12.31.2017 ThCh$ ThCh$ Importadora Casa y Regalos Trans-Heca S.A. Subsidiary Guarantee insurance Compliance lease contract — 2,050 Inmobiliaria e Inversiones Gestion Activa Ltda Trans-Heca S.A. Subsidiary Guarantee insurance Compliance lease contract — 4,585 Inmobiliaria Portofino Red de Transportes comerciales Ltda. Subsidiary Guarantee insurance Guarantee bond — 900 Teléfonica Chile S.A. Red de Transportes comerciales Ltda. Subsidiary Guarantee insurance Guarantee bond — 1,000 Inmobiliaria San Martin Logista S.A Red de Transportes comerciales Ltda. Subsidiary Guarantee insurance Guarantee bond — 3,461 Employee procedures Rio de Janeiro Refrescos Ltda. Subsidiary Guarantee insurance Judicial action 2,601,353 1,496,862 Administrative procedures Rio de Janeiro Refrescos Ltda. Subsidiary Guarantee insurance Judicial action 8,233,853 7,185,511 Gobierno Federal Rio de Janeiro Refrescos Ltda. Subsidiary Guarantee insurance Judicial action 116,192,877 91,903,312 Gobierno Estadual Rio de Janeiro Refrescos Ltda. Subsidiary Guarantee insurance Judicial action 43,015,207 20,527,817 HSBC Sorocaba Refrescos S.A. Associate Loan co-signers 3,586,095 3,716,747 Otros Rio de Janeiro Refrescos Ltda. Subsidiary Guarantee insurance Judicial action 3,236,092 2,449,103 Aduana de Ezeiza Embotelladora del Atlántico S.A. Subsidiary Bond insurance Faithful fulfillment of contract 699,502 63,777 Aduana de Ezeiza Andina Empaques S.A. Subsidiary Bond insurance Faithful fulfillment of contract 182,459 347,990

FINANCIAL RISK MANAGEMENT

FINANCIAL RISK MANAGEMENT	12 Months Ended
	Dec. 31, 2018
FINANCIAL RISK MANAGEMENT
FINANCIAL RISK MANAGEMENT	NOTE 22 - FINANCIAL RISK MANAGEMENT The Company’s businesses are exposed to a variety of financial and market risks (including foreign exchange risk, interest rate risk and price risk). The Company’s global risk management program focuses on the uncertainty of financial markets and seeks to minimize potential adverse effects on the performance of the Company. The Company uses derivatives to hedge certain risks. A description of the primary policies established by the Company to manage financial risks are provided below: Interest Rate Risk As of December 31, 2018, the Company maintains all of its debt liabilities at a fixed rate as to avoid fluctuations in financial expenses resulting from tax rate increases. The Company’s greatest indebtedness corresponds to own issued Chilean local bonds at a fixed rate in the amount of UF16,928 million denominated in UF (“UF”), a currency indexed to inflation in Chile (the Company’s sales are correlated with the UF variation). There is also the Company’s indebtedness on the international market through a 144A/RegS Bond at a fixed rate for US$365 million (original amount issued US$575 million and partial prepayment in October 2019 for US$210 million), denominated in dollars, and practically 100% of which has been re-denominated to BRL through Cross Currency Swaps. Credit risk The credit risk to which the Company is exposed comes mainly from trade accounts receivable maintained with retailers, wholesalers and supermarket chains in domestic markets; and the financial investments held with banks and financial institutions, such as time deposits, mutual funds and derivative financial instruments. a. Trade accounts receivable and other current accounts receivable Credit risk related to trade accounts receivable is managed and monitored by the area of Finance and Administration of each business unit. The Company has a wide base of more than 100 thousand clients implying a high level of atomization of accounts receivable, which are subject to policies, procedures and controls established by the Company. In accordance with such policies, credits must be based objectively, non-discretionary and uniformly granted to all clients of a same segment and channel, provided these will allow generating economic benefits to the Company. The credit limit is checked periodically considering payment behavior. Trade accounts receivable pending of payment are monitored on a monthly basis. i. Sale Interruption: In accordance with Corporate Credit Policy, the interruption of sale must be within the following framework: when a customer has outstanding debts for an amount greater than US$ 250,000, and over 60 days expired, sale is suspended. The General Manager in conjunction with the Finance and Administration Manager authorize exceptions to this rule, and if the outstanding debt should exceed US$1,000,000, and in order to continue operating with that client, the authorization of the Chief Financial Officer is required. Notwithstanding the foregoing, each operation can define an amount lower than US$250,000 according to the country’s reality. ii. Impairment The impairment recognition policy establishes the following criteria for provisions: 30% is provisioned for 31 to 60 days overdue, 60% between 60 and 91 days, 90% between 91 and 120 days overdue and 100% for more than 120 days. Exemption of the calculation of global impairment is given to credits whose delays in the payment correspond to accounts disputed with the customer whose nature is known and where all necessary documentation for collection is available, therefore, there is no uncertainty on recovering them. However, these accounts also have an impairment provision as follows: 40% for 91 to 120 days overdue, 80% between 120 and 170, and 100% for more than 170 days. iii. Prepayment to suppliers The Policy establishes that US$25,000 prepayments can only be granted to suppliers if its value is properly and fully provisioned. The Treasurer of each subsidiary must approve supplier warranties that the Company receives for prepayments before signing the respective service contract. In the case of domestic suppliers, a warranty ballot (or the instrument existing in the country) shall be required, in favor of Andina executable in the respective country, non-endorsable, payable on demand or upon presentation and its validity will depend on the term of the contract. In the case of foreign suppliers, a stand-by credit letter will be required which shall be issued by a first line bank; in the event that this document is not issued in the country where the transaction is done, a direct bank warranty will be required. Subsidiaries can define the best way of safeguarding the Company’s assets for prepayments under US$25,000. iv. Guarantees In the case of Chile, we have insurance with Compañía de Seguros de Crédito Continental S.A. (AA rating -according to Fitch Chile and Humphreys rating agencies) covering the credit risk regarding trade debtors in Chile for 91% both for the existing as well as the expired debt, total amount of the trade debtors in Chile reached ThCh$63,322,758. A provision of ThCh$1,343,691 has been made for the portion of past due outstanding debt portfolio not covered by the insurance. The rest of the operations do not have credit insurance, instead mortgage guarantees are required for volume operations of wholesalers and distributors in the case of trade accounts receivables. In the case of other debtors, different types of guarantees are required according to the nature of the credit granted. Historically, uncollectible trade accounts have been lower than 0.5% of the Company’s total sales. b. Financial investments The Company has a Policy that is applicable to all of the companies of the group in order to cover credit risks for financial investments, restricting both the types of instruments as well as the institutions and degree of concentration. The companies of the group can invest in: a. Time deposits: only in banks or financial institutions that have a risk rating equal or higher than Level 1 (Fitch) or equivalent for deposits of less than 1 year and rated A (S&P) or equivalent for deposits of more than 1 year. b. Mutual funds: investments with immediate liquidity and no risk of capital (funds composed of investments at a fixed-term, current account, fixed rate Tit BCRA, negotiable obligations, Over Night, etc.) in all those counter-parties that have a rating greater than or equal to AA-(S&P) or equivalent, Type 1 Pacts and Mutual Funds, with AA+ rating (S&P) or equivalent. c. Other investment alternatives must be evaluated and authorized by the office of the Chief Financial Officer. Exchange Rate Risk The company is exposed to three types of risk caused by exchange rate volatility: a) Exposure of foreign investment This risk originates from the translation of net investment from the functional currency of each country (Brazilian Real, Paraguayan Guaraní, and Argentine Peso) to the Parent Company’s reporting currency (Chilean Peso). Appreciation or devaluation of the Chilean Peso with respect to each of the functional currencies of each country, originates decreases and increases in equity, respectively. The Company does not hedge this risk. a.1 Investment in Argentina As of December 31, 2018, the Company maintains a net investment of ThCh$141,415,980 in Argentina, composed by the recognition of assets amounting to ThCh$241,496,143 and liabilities amounting to Ch$100,080,163. These investments accounted for 24.6% of the Company’s consolidated sales revenues As of December 31, 2018, the Argentine peso devalued by 44.1% with respect to the Chilean peso. If the exchange rate of the Argentine Peso depreciated an additional 5% with respect to the Chilean Peso, the Company would have lower income from the operation in Argentina of ThCh$1,008,205 and a decrease in equity of ThCh$4,547,092, originated by lower asset recognition of ThCh$8,049,598 and by lower liabilities recognition of ThCh$3,502,506. a.2 Investment in Brazil As of December 31, 2018, the Company maintains a net investment of ThCh$266,078,105 in Brazil, composed by the recognition of assets amounting to ThCh$814,443,115 and liabilities amounting to ThCh$548,365,009. These investments accounted for 32.3% of the Company’s consolidated sales revenues. As of December 31, 2018, the Brazilian Real devalued by 3.5% with respect to the Chilean peso. If the exchange rate of the Brazilian Real depreciated an additional 5% with respect to the Chilean Peso, the Company would have lower income from the operation in Brazil of ThCh$1,755,781 and a decrease in equity of ThCh$12,297,287, originated by lower asset recognition of ThCh$36,589,434 and by lower liabilities recognition of ThCh$24,292,147. a.3 Investment in Paraguay As of December 31, 2018, the Company maintains a net investment of ThCh$247,867,392 in Paraguay, composed by the recognition of assets amounting to ThCh$286,061,496 and liabilities amounting to ThCh$38,194,104. These investments accounted for 8.9% of the Company’s consolidated sales revenues. As of December 31, 2018, the Paraguayan Guarani appreciated by 6.0% with respect to the Chilean peso. If the exchange rate of the Paraguayan Guaraní devalued by 5% with respect to the Chilean Peso, the Company would have lower income from the operations in Paraguay of ThCh$1,220,490 and a decrease in equity of ThCh$11,738,373 originated by lower asset recognition of ThCh$13,360,934 and lower liabilities recognition of ThCh$1,622,561. b) Net exposure of assets and liabilities in foreign currency This risk stems mostly from carrying liabilities in US dollar, so the volatility of the US dollar with respect to the functional currency of each country generates a variation in the valuation of these obligations, with consequent effect on results . As of December 31, 2018, the Company maintains a net liability position totaling ThCh$251,124,893, basically composed of bonds payable and leasing contracts for ThCh$257,041,934 partially offset by financial assets denominated in dollars for ThCh$5,917,041. All U.S. Dollar liabilities amounting to ThCh$257,041,934 correspond to dollar liabilities of the Chilean, Argentinean and Brazilian operations and are, therefore, exposed to the volatility of the Chilean peso against the U.S. Dollar. In order to protect the Company from the effects on income resulting from the volatility of the Brazilian Real and the Chilean Peso against the U.S. dollar, the Company maintains derivative contracts (cross currency swaps) to cover almost 100% of US dollar-denominated financial liabilities. By designating such contracts as hedging derivatives, the effects on income for variations in the Chilean Peso and the Brazilian Real against the US dollar, are mitigated annulling its exposure to exchange rates. The Company’s net exposure as of December 31, 2018, to foreign currency over existing assets and liabilities, discounting the derivatives contracts, is an asset position of ThCh$2,466,157. c) Assets purchased or indexed to foreign currency exposure This risk originates from purchases of raw materials and investments in Property, plant and equipment, whose values are expressed in a currency other than the functional currency of the subsidiary. Changes in the value of costs or investments can be generated through time, depending on the volatility of the exchange rate. Annual purchases of raw materials denominated or indexed in U.S. dollars, amounts to 19% of our cost of sales or approximately US$340 million. In order to minimize this risk, the Company maintains a currency hedging policy stipulating that it is necessary to enter into foreign currency derivatives contracts to lessen the effect of the exchange rate over cash expenditures expressed in US dollars, corresponding mainly to payment to suppliers of raw materials in each of the operations. This policy stipulates a 12‑month forward horizon. As of December 31, 2018, US$56.8 million for future purchases have been hedged-for the following 12 months. According to the percentage of purchases of raw materials which are carried out or indexed to U.S. dollars, a possible change in the value of the US dollar by 5% in the four countries where the Company operates, and excluding derivatives contracts taken to mitigate the effect of currency volatility, keeping everything constant, would lead to a lower accumulated result amounting to ThCh$5,861,388 as of December 31, 2018. Currently, the Company has contracts to hedge this effect in Chile, Argentina, Paraguay and Brazil. Commodities risk The Company is subject to a risk of price fluctuations in the international markets mainly for sugar, aluminum and PET resin, which are inputs required to produce beverages and, as a whole, account for 35% to 40% of operating costs. Procurement and anticipated purchase contracts are made frequently to minimize and/or stabilize this risk. The possible effects in these Consolidated Financial Statements, in case of a 5% increase in prices of its main raw materials, would be a reduction of ThCh$7,762,189 in earnings for the period ended December 31, 2018. To minimize this risk or stabilize often supply contracts and anticipated purchases are made when market conditions warrant. Liquidity risk The products we sell are mainly paid for in cash and short-term credit; therefore, the Company´s main source of financing comes from the cash flow of our operations. This cash flow has historically been sufficient to cover the investments necessary for the normal course of our business, as well as the distribution of dividends approved by the General Shareholders’ Meeting. Should additional funding be required for future geographic expansion or other needs, the main sources of financing to consider are: (i) debt offerings in the Chilean and foreign capital markets (ii) borrowings from commercial banks, both internationally and in the local markets where the Company operates; and (iii) public equity offerings The following table presents an analysis of the Company’s committed maturities for liability payments throughout the coming years: Maturity More than 1 More than 2 More than 3 More than 4 Item 1 year year up to 2 years up to 3 up to 4 years ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Bank debt 21,579,550 1,597,027 787,777 772,051 81,286 Bond payable 42,991,809 42,909,590 39,560,554 39,411,666 844,765,446 Operating lease obligations 7,305,508 9,516,692 9,072,970 9,032,343 22,059,516 Purchase obligations 64,406,811 9,126,536 9,338,111 233,004 240,600 Total 136,283,678 63,149,845 58,759,412 49,449,064 867,146,848

EXPENSES BY NATURE

EXPENSES BY NATURE	12 Months Ended
	Dec. 31, 2018
EXPENSES BY NATURE
EXPENSES BY NATURE	NOTE 23 - EXPENSES BY NATURE Other expenses by nature are: 01.01.2018 01.01.2017 01.01.2016 Details 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Direct production costs 759,229,954 815,455,280 776,824,622 Payroll and employee benefits 266,966,841 287,458,526 288,293,137 Transportation and distribution 137,428,173 163,361,088 153,675,961 Marketing 17,345,951 29,209,904 39,981,813 Depreciation and amortization 99,594,446 99,163,891 97,334,452 Repairs and maintenance 28,120,097 34,253,824 34,511,508 Other expenses 138,860,649 181,249,647 173,168,224 Total (1) 1,447,546,111 1,610,152,160 1,563,789,717 (1) Corresponds to the addition of cost of sales, administration expenses and distribution cost.

OTHER INCOME

OTHER INCOME	12 Months Ended
	Dec. 31, 2018
OTHER INCOME
OTHER INCOME	NOTE 24 - OTHER INCOME Other income by function is detailed as follows: 01.01.2018 01.01.2017 01.01.2016 Details 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Gain on disposal of Property, plant and equipment 1,984,547 312,470 318,771 Recovery AFIP claim 232,617 — 1,034,040 Others 392,004 238,364 408,088 Total 2,609,168 550,834 1,760,899

OTHER EXPENSES

OTHER EXPENSES	12 Months Ended
	Dec. 31, 2018
OTHER EXPENSES
OTHER EXPENSES	NOTE 25 - OTHER EXPENSES Other expenses are detailed as follows: 01.01.2018 01.01.2017 01.01.2016 Detail 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Contingencies and Non-operating fees 10,192,495 5,377,190 9,959,181 Tax on bank debits 4,653,929 7,669,234 7,006,261 Disposal and write-off of Property, plant and equipment 262,366 3,025,497 4,800,278 Others 948,973 629,550 999,447 Total 16,057,763 16,701,471 22,765,167

FINANCIAL INCOME AND EXPENSES

FINANCIAL INCOME AND EXPENSES	12 Months Ended
	Dec. 31, 2018
FINANCIAL INCOME AND EXPENSES
FINANCIAL INCOME AND EXPENSES	NOTE 26 - FINANCIAL INCOME AND EXPENSES Financial income and expenses are detailed as follows: a) Finance income 01.01.2018 01.01.2017 01.01.2016 Detail 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Interest income 1,046,580 8,370,338 8,466,177 Other interest income 2,893,664 2,824,037 1,195,515 Total 3,940,244 11,194,375 9,661,692 b) Finance expenses 01.01.2018 01.01.2017 01.01.2016 Detail 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Bond interest 38,547,682 42,178,816 41,652,154 Bank loan interest 1,828,588 5,553,485 3,990,853 Other interest costs 14,638,390 7,488,068 5,731,964 Total 55,014,660 55,220,369 51,374,971

OTHER (LOSSES) AND GAIN

OTHER (LOSSES) AND GAIN	12 Months Ended
	Dec. 31, 2018
OTHER (LOSSES) AND GAIN
OTHER (LOSSES) AND GAIN	NOTE 27 - OTHER (LOSSES) AND GAIN Other (losses) and gains are detailed as follows: 01.01.2018 01.01.2017 01.01.2016 Details 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Gains (loss) on derivative transactions raw materials — — (1,466) (Losses) gains on ineffective portion of hedge derivatives (2,707,802) (2,536,079) (3,378,484) Other income and (expenses) (57) (1,190) (7,427) Total (2,707,859) (2,537,269) (3,387,377)

LOCAL AND FOREIGN CURRENCY

LOCAL AND FOREIGN CURRENCY	12 Months Ended
	Dec. 31, 2018
LOCAL AND FOREIGN CURRENCY
LOCAL AND FOREIGN CURRENCY	NOTE 28 - LOCAL AND FOREIGN CURRENCY Local and foreign currency balances as of December 31, 2018 and December 31, 2017, are the following: CURRENT ASSETS 12.31.2018 12.31.2017 ThCh$ ThCh$ Cash and cash equivalents 137,538,613 136,242,116 US Dollars 5,917,041 6,973,298 Euros 51,401 17,245 Chilean pesos 86,121,695 80,985,719 Brazilian Real 28,040,970 21,779,408 Argentine Pesos 6,726,906 19,681,449 Paraguayan Guarani 10,680,600 6,804,997 Other financial assets 683,567 14,138,161 U.S. Dollars — — Chilean pesos 355,126 — Unidad de Fomento — 13,647,997 Brazilian Real 14,040 366,595 Argentine Pesos 300,359 123,569 Paraguayan Guarani 14,042 — Other non-financial assets 5,948,923 5,611,861 US Dollars 45,053 70,975 Unidad de Fomento 78,623 9,790 Chilean pesos 3,589,253 3,049,402 Brazilian Real 1,275,073 1,447,790 Argentine Pesos 460,125 632,428 Paraguayan Guarani 500,796 401,476 Trade and other accounts receivable, net 174,113,323 191,284,680 US Dollars 863,794 541,579 Euros 52,332 112,763 Unidad de Fomento 1,414,800 1,673,147 Chilean pesos 73,028,244 75,797,942 Brazilian Real 66,585,089 75,387,122 Argentine Pesos 25,000,141 30,870,192 Paraguayan Guarani 7,168,923 6,901,935 Accounts receivable from related companies 9,450,263 5,370,232 US Dollars 26,557 16,674 Chilean pesos 6,911,814 5,172,144 Brazilian Real — Argentine Pesos 2,511,892 181,414 Inventory 151,319,709 131,363,000 US Dollars 2,197,382 3,046,600 Euros 12,522 262,204 Chilean pesos 50,130,341 39,750,597 Brazilian Real 36,797,523 33,834,631 Argentine Pesos 46,394,230 43,857,361 Paraguayan Guarani 15,787,711 10,611,607 Current tax assets 2,532,056 — Chilean pesos — — Brazilian Real 2,532,056 — Total Current Assets 481,586,454 484,010,050 US Dollars 9,049,827 10,649,126 Euros 116,255 392,212 Unidad de Fomento 1,493,423 15,330,934 Chilean pesos 220,136,473 204,755,804 Brazilian Real 135,244,751 132,815,546 Argentine Pesos 81,393,653 95,346,413 Paraguayan Guarani 34,152,072 24,720,015 NON-CURRENT ASSETS 12.31.2018 12.31.2017 ThCh$ ThCh$ Other financial assets 97,362,295 74,259,085 Chilean pesos - 2,212,688 Brazilian Real 87,446,661 63,531,839 Argentine Pesos 9,915,634 8,514,558 Other non-financial assets 34,977,264 47,394,345 US Dollars 22,917 — Unidad de Fomento 314,283 — Chilean pesos 47,532 395,857 Brazilian Real 32,070,120 45,334,405 Argentine Pesos 2,315,682 1,626,255 Paraguayan Guarani 206,730 37,828 Trade and other receivables 1,270,697 2,395,851 Unidad de Fomento 1,204,097 2,335,322 Argentine Pesos 90 2,193 Paraguayan Guarani 66,510 58,336 Accounts receivable from related parties 74,340 156,492 Chilean pesos 74,340 156,492 Investments accounted for under the equity method 102,410,945 86,809,069 Chilean pesos 50,136,221 33,789,538 Brazilian Real 52,274,724 53,019,531 Intangible assets other than goodwill 668,822,553 663,272,878 US Dollars 4,960,399 3,959,421 Chilean pesos 306,508,710 307,165,028 Brazilian Real 182,657,545 188,401,129 Argentine Pesos 2,101,571 922,226 Paraguayan Guarani 172,594,328 162,825,074 Goodwill 117,229,173 93,598,217 Chilean pesos 9,523,767 9,523,767 Brazilian Real 72,059,356 72,488,336 Argentine Pesos 28,318,129 4,672,971 Paraguayan Guarani 7,327,921 6,913,143 Property, plant and equipment 710,770,968 659,750,499 US Dollars — 190,365 Euros 381,732 5,362,096 Chilean pesos 271,625,978 271,391,436 Brazilian Real 252,674,783 240,781,729 Argentine Pesos 117,532,176 77,580,966 Paraguayan Guarani 68,556,299 64,443,907 Deferred income tax assets — 3,212,981 Argentine Pesos — 3,212,981 Total Non-Current Assets 1,732,918,235 1,630,849,417 US Dollars 4,983,316 4,149,786 Euros 381,732 5,362,096 Unidad de Fomento 1,518,380 2,335,322 Chilean pesos 637,916,548 624,634,806 Brazilian Real 679,183,189 663,556,969 Argentine Pesos 160,183,282 96,532,150 Paraguayan Guarani 248,751,788 234,278,288 12.31.2018 12.31.2017 90 days up to 1 90 days up to 1 CURRENT LIABILITIES Up to 90 days year Total Up to 90 days year Total ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Other financial liabilities, current 9,377,421 46,737,556 56,114,977 13,536,530 54,444,875 67,981,405 U.S. Dollars 130,829 3,304,011 3,434,840 25,540 4,563,131 4,588,671 Unidad de Fomento 7,831,899 10,536,509 18,368,408 6,735,155 9,892,144 16,627,299 Chilean pesos — 9,681,676 9,681,676 — 10,342,404 10,342,404 Brazilian Real 1,413,622 20,833,877 22,247,499 5,084,725 15,589,691 20,674,416 Argentinean pesos 1,071 1,357,285 1,358,356 1,691,110 13,185,694 14,876,804 Paraguayan Guaraní — 1,024,198 1,024,198 — 871,811 871,811 Trade and other accounts payable, current 234,715,484 3,394,363 238,109,847 251,516,304 6,003,173 257,519,477 U.S. Dollars 14,514,082 — 14,514,082 11,716,262 29,728 11,745,990 Euros 4,311,724 59,951 4,371,675 2,202,581 80,070 2,282,651 Unidad de Fomento 192,055 — 192,055 2,198,131 — 2,198,131 Chilean pesos 81,099,246 3,334,412 84,433,658 82,576,800 5,823,291 88,400,091 Brazilian Real 68,940,973 — 68,940,973 74,524,169 — 74,524,169 Argentinean pesos 54,846,437 — 54,846,437 69,859,508 52,403 69,911,911 Paraguayan Guaraní 10,805,605 — 10,805,605 8,437,188 17,681 8,454,869 Other currencies 5,362 — 5,362 1,665 — 1,665 — — — Accounts payable to related companies, current 45,687,476 140,383 45,827,859 33,728,629 232,808 33,961,437 U.S. Dollars — — — — — — Unidad de Fomento — — — — — — Chilean pesos 27,729,583 140,383 27,869,966 15,297,780 232,808 15,530,588 Brazilian Real 12,478,179 — 12,478,179 18,430,849 — 18,430,849 Argentinean pesos 5,479,714 — 5,479,714 — — — Paraguayan Guaraní — — — Other provisions, current 1,789,275 1,696,338 3,485,613 2,616,340 60,078 2,676,418 Chilean pesos 1,789,275 1,681,178 3,470,453 2,616,340 — 2,616,340 Paraguayan Guaraní — 15,160 15,160 — 60,078 60,078 Tax liabilities, current 4,302,370 5,036,242 9,338,612 543,874 2,641,091 3,184,965 Chilean pesos 4,302,370 1,184,842 5,487,212 184,406 — 184,406 Brazilian Real — — — 359,468 359,468 718,936 Argentinean pesos — 2,980,634 2,980,634 — 2,155,680 2,155,680 Paraguayan Guaraní — 870,766 870,766 — 125,943 125,943 Employee benefits current provisions 10,189,264 23,021,715 33,210,979 — 35,955,643 35,955,643 Chilean pesos 1,177,114 4,854,163 6,031,277 — 6,365,543 6,365,543 Brazilian Real — 17,180,455 17,180,455 — 16,412,363 16,412,363 Argentinean pesos 9,012,150 — 9,012,150 — 12,371,827 12,371,827 Paraguayan Guaraní — 987,097 987,097 — 805,910 805,910 Other non-financial liabilities, current 1,346,839 32,427,375 33,774,214 648,171 26,359,806 27,007,977 Unidad de Fomento — — — — — — Chilean pesos 869,964 32,276,377 33,146,341 190,529 26,111,396 26,301,925 Brazilian Real — — — — — — Argentinean pesos 476,875 — 476,875 457,642 — 457,642 Paraguayan Guaraní — 150,998 150,998 — 248,410 248,410 Total current liabilities 307,408,129 112,453,972 419,862,101 302,589,848 125,697,474 428,287,322 U.S. Dollars 14,644,911 3,304,011 17,948,922 11,741,802 4,592,859 16,334,661 Euros 4,311,724 59,951 4,371,675 2,202,581 80,070 2,282,651 Unidad de Fomento 8,023,954 10,536,509 18,560,463 8,933,286 9,892,144 18,825,430 Chilean pesos 116,967,552 53,153,031 170,120,583 100,865,855 48,875,442 149,741,297 Brazilian Real 82,832,774 38,014,332 120,847,106 98,399,211 32,361,522 130,760,733 Argentinean pesos 69,816,247 4,337,919 74,154,166 72,008,260 27,765,604 99,773,864 Paraguayan guaraní 10,805,605 3,048,219 13,853,824 8,437,188 2,129,833 10,567,021 Other currencies 5,362 — 5,362 1,665 — 1,665 12.31.2018 12.31.2017 More More than More More More than than 1 up 3 years up 5 than than 1 up 3 years up More than NON-CURRENT LIABILITIES to 3 years to 5 years years Total to 3 years to 5 years 5 years Total ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Other non-current financial liabilities 28,642,101 276,409,074 411,512,603 716,563,778 8,185,760 8,153,247 659,428,194 675,767,201 U.S. Dollars — 250,976,154 — 250,976,154 513,788 — 350,016,750 350,530,538 Unidad de Fomento 25,634,958 23,105,123 402,045,609 450,785,690 — 2,092,245 298,725,592 300,817,837 Chilean pesos — — — — — — — — Brazilian Real 3,007,143 2,327,797 9,466,994 14,801,934 7,671,972 6,061,002 10,685,852 24,418,826 Non-current accounts payable 735,665 — — 735,665 1,132,926 — — 1,132,926 U.S. Dollars 585,289 — — 585,289 748,565 — — 748,565 Chilean pesos 148,680 — — 148,680 356,221 — — 356,221 Argentinean pesos 1,696 — — 1,696 28,140 — — 28,140 Other provisions, non-current 3,448,042 55,518,871 — 58,966,913 62,947,748 — — 62,947,748 Chilean pesos 2,500,000 — — 2,500,000 5,000,000 5,000,000 Brazilian Real — 55,518,871 — 55,518,871 56,607,720 — — 56,607,720 Argentinean pesos 948,042 — — 948,042 1,340,028 — — 1,340,028 Paraguayan Guaraní — — — — Deferred tax liabilities 16,607,605 101,512,040 27,126,303 145,245,948 19,317,808 91,769 105,794,989 125,204,566 Chilean pesos 497,175 81,630,530 11,899,975 94,027,680 252,448 91,769 92,319,662 92,663,879 Brazilian Real — 19,881,510 — 19,881,510 19,065,360 — — 19,065,360 Argentinean pesos 16,110,430 — — 16,110,430 Paraguayan Guaraní — — 15,226,328 15,226,328 — — 13,475,327 13,475,327 Employee benefits non-current provisions 742,297 240,148 8,433,096 9,415,541 359,760 62,742 7,863,853 8,286,355 Chilean pesos 230,528 240,148 8,433,096 8,903,772 163,756 62,742 7,863,853 8,090,351 Paraguayan Guaraní 511,769 — — 511,769 196,004 — — 196,004 Other non-financial liabilities, non-current — — — — — — — — Brazilian Real — — — — — — — — Argentinean pesos — — — — — — — — Total non-current liabilities 50,175,710 433,680,133 447,072,002 930,927,845 91,944,002 8,307,758 773,087,036 873,338,796 U.S. Dollars 585,289 250,976,154 — 251,561,443 1,262,353 — 350,016,750 351,279,103 Unidad de Fomento 25,634,958 23,105,123 402,045,609 450,785,690 — 2,092,245 298,725,592 300,817,837 Chilean pesos 3,376,383 81,870,678 20,333,071 105,580,132 5,772,425 154,511 100,183,515 106,110,451 Brazilian Real 3,007,143 77,728,178 9,466,994 90,202,315 83,345,052 6,061,002 10,685,852 100,091,906 Argentinean pesos 17,060,168 — — 17,060,168 1,368,168 — — 1,368,168 Paraguayan Guaraní 511,769 — 15,226,328 15,738,097 196,004 — 13,475,327 13,671,331

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2018
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	NOTE 29 - SUBSEQUENT EVENTS There are no subsequent events that may significantly affect the Company’s consolidated financial position as of December 31, 2018.

BASIS OF PREPARATION OF CONSO_2

BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2018
BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Periods covered	2. 1 Periods covered These Consolidated Financial Statements encompass the following periods: Consolidated Statement of Financial Position: As of December 31, 2018 and 2017. Consolidated Income Statements by Function and Comprehensive Income: For the periods between January 1 and December 31, 2018, 2017 and 2016. Consolidated Statements of Direct Cash Flows: For the periods between January 1 and December 31, 2018, 2017 and 2016. Consolidated Statements of Changes in Equity: Balance and movements between January 1 and December 31, 2018, 2017 and 2016.
Basis of preparation	2. 2 Basis of preparation The Company’s Consolidated Financial Statements were prepared in accordance with International Financial Reporting Standards (hereinafter "IFRS") issued by the International Accounting Standards Board (hereinafter "IASB"). The consolidated financial statements are presented under the historical cost criteria, although modified by the revaluation of certain financial instruments and derivative instruments. The Company’s 2018 local statutory consolidated financial statements in spanish were approved by the Company’s Board of Directors on February 28, 2019, with subsequent events first being considered through that date. Those local statutory consolidated financial statements consisted of consolidated statement of financial position as of December 31, 2018 and 2017 along with consolidated income statement, consolidated statement of comprehensive income, consolidated statement of changes in equity, and consolidated statement of cash flows (and related disclosures), each for the two years then ended. Those consolidated financial statements were then subsequently approved by the Company’s shareholders during its April 17, 2019 meeting. Included in this 2018 consolidated financial statements are consolidated statement of financial position as of December 31, 2018 and 2017, along with consolidated income statement, consolidated statement of comprehensive income, consolidated statement of changes in equity and consolidated statement of cash flows (and the related disclosures) for each of the three years ended December 31, 2018, 2017 and 2016. This three year presentation of operations, changes in equity and of cash flows is required by the rules of the United States Securities and Exchange Commission. The accompanying English language IFRS consolidated financial statements are consistent with the previously issued local statutory consolidated financial statements. This three year English language IFRS consolidated financial statements were approved for issuances by the Board of Directors during a session held on April 24, 2019, with subsequent events considered through this later date. These Consolidated Financial Statements have been prepared, based on accounting records kept by the Embotelladora Andina S.A. (“Parent Company”) and by other entities forming part thereof.
Basis of consolidation	2.3 Basis of consolidation 2.3.1 Subsidiaries These consolidated financial statements incorporate the financial statements of the Company and the companies controlled by the Company (its subsidiaries). Control is obtained when the Company has power over the investee, when it has exposure or is entitled to variable returns from its involvement in the investee and when it has the ability to use its power to influence the amount of investor returns. They include assets and liabilities as of December 31, 2018 and 2017, and results of operations for the periods between January 1 and December 31, 2018, 2017 and 2016, and cash flows for the periods between January 1 and December 31, 2018, 2017 and 2016. Income or losses from subsidiaries acquired or sold are included in the consolidated financial statements from the effective date of acquisition through the effective date of disposal, as applicable. The acquisition method is used to account for the acquisition of subsidiaries. The consideration transferred for the acquisition of the subsidiary is the fair value of assets transferred, equity securities issued, liabilities incurred or assumed on the date that control is obtained. Identifiable assets acquired, and identifiable liabilities and contingencies assumed in a business combination are accounted for initially at their fair values at the acquisition date. Goodwill is initially measured as the excess of the aggregate of the consideration transferred and the fair value of non-controlling interest over the net identifiable assets acquired and liabilities assumed. If the consideration is less than the fair value of the net assets of the subsidiary acquired, the difference is recognized directly in the income statement. All acquisition related costs are expensed in the period incurred. Intercompany transactions, balances, income, expenses and unrealized gains and losses on transactions between Group companies are eliminated. Accounting policies of subsidiaries are changed to ensure consistency with the policies adopted by the Company, where necessary. The interest of non-controlling shareholders is presented in the consolidated statement of changes in equity and the consolidated statement of income by function under "Non-Controlling Interest" and “Earnings attributable to non-controlling interests", respectively. The consolidated financial statements include all assets, liabilities, income, expenses, and cash flows after eliminating intercompany balances and transactions. The list of subsidiaries included in the consolidation is detailed as follows: Holding control (percentage) 12-31-2018 12-31-2017 Taxpayer ID Name of the Company Direct Indirect Total Direct Indirect Total 59.144.140-K Abisa Corp S.A. — 99.99 99.99 — 99.99 99.99 Foreign Aconcagua Investing Ltda. 0.71 99.28 99.99 0.71 99.28 99.99 96.842.970-1 Andina Bottling Investments S.A. 99.90 0.09 99.99 99.90 0.09 99.99 96.972.760-9 Andina Bottling Investments Dos S.A. 99.90 0.09 99.99 99.90 0.09 99.99 Foreign Andina Empaques Argentina S.A. — 99.98 99.98 — 99.98 99.98 96.836.750-1 Andina Inversiones Societarias S.A. 99.98 0.01 99.99 99.98 0.01 99.99 76.070.406-7 Embotelladora Andina Chile S.A. 99.99 — 99.99 99.99 — 99.99 Foreign Embotelladora del Atlántico S.A. 0.92 99.07 99.99 0.92 99.07 99.99 96.705.990-0 Envases Central S.A. 59.27 — 59.27 59.27 — 59.27 96.971.280-6 Inversiones Los Andes Ltda. 99.99 — 99.99 99.99 — 99.99 Foreign Paraguay Refrescos S.A. 0.08 97.75 97.83 0.08 97.75 97.83 76.276.604-3 Red de Transportes Comerciales Ltda. 99.90 0.09 99.99 99.90 0.09 99.99 Foreign Rio de Janeiro Refrescos Ltda. — 99.99 99.99 — 99.99 99.99 78.536.950-5 Servicios Multivending Ltda. 99.90 0.09 99.99 99.90 0.09 99.99 78.861.790-9 Transportes Andina Refrescos Ltda. 99.90 0.09 99.99 99.90 0.09 99.99 96.928.520-7 Transportes Polar S.A. 99.99 — 99.99 99.99 — 99.99 76.389.720-6 Vital Aguas S.A. 66.50 — 66.50 66.50 — 66.50 93.899.000-k Vital Jugos S.A. 15.00 50.00 65.00 15.00 50.00 65.00 2.3. 2 Investments accounted for under the equity method Associates are all entities over which the Company exercises significant influence but does not have control. Investments in associates are accounted for using the equity method of accounting. The Company’s share in profit or loss in associates subsequent to the acquisition date is recognized in the income statement. Unrealized gains in transactions between the Company and its associates are eliminated to the extent of the Company´s interests in those associates. Unrealized losses are also eliminated unless the transaction provides evidence of an impairment on the asset transferred. Accounting policies of the associates are changed, where necessary, to ensure conformity with the policies adopted by the Company.
Financial reporting by operating segment	2. 4 Financial reporting by operating segment IFRS 8 requires that entities disclose information on the results of operating segments. In general, this is information that Management and the Board of Directors use internally to assess performance of segments and allocate resources to them. Therefore, the following operating segments have been determined based on geographic location: · Chilean operations · Brazilian operations · Argentine operations · Paraguayan operations
Foreign currency translation	2.5 Functional currency and presentation currency 2.5.1 Functional currency Items included in the financial statements of each of the entities in the Company are measured using the currency of the primary economic environment in which the entity operates (“functional currency”). The functional currency of each of the Operations is the following: Company Functional currency Andina Empaques Argentina Argentine Peso Embotelladora del Atlántico Argentine Peso Embotelladora Andina Chilean Peso Paraguay Refrescos Guaraní Rio de Janeiro Refrescos Reales Foreign currency transactions are translated into the functional currency using the foreign exchange rates prevailing on the dates of the transactions. Losses and gains in foreign currency resulting from the liquidation of these transactions and the translation at the closing exchange rate of monetary assets and liabilities denominated in foreign currency are recognized in the income statements under foreign exchange rate differences, except when they correspond to cash flow hedges; in which case they are presented in the statement of comprehensive income. Functional currency in hyperinflationary economies According to the criteria established in the International Accounting Standard No. 29 Financial information in Hyperinflationary Economies, as of July 2018, Argentina's economy is considered to be hyperinflationary. This determination was carried out on the basis of a series of qualitative and quantitative criteria, among which the presence of an accumulated inflation rate of more than 100% for three years stands out. In accordance with IAS 29, the financial statements of companies in which Embotelladora Andina S.A. participates in Argentina have been retrospectively restated by applying a general price index to the historical cost, in order to reflect the changes in the purchasing power of the Argentinean peso, as of the closing date of these financial statements. Non-monetary assets and liabilities were re-expressed since February 2003, the last date an inflation adjustment was applied for accounting purposes in Argentina. In this context, it should be mentioned that the group made its transition to IFRS on 1 January 2004, applying the attributed cost exemption for Property, plant and equipment. For consolidation purposes in Embotelladora Andina S.A. and as a result of the adoption of IAS 29, the results and financial situation of our subsidiaries in Argentina were converted to the closing exchange rate (AR/CLP) as of December 31, 2018, in accordance with IAS 21 "Effects of foreign currency exchange rate variations", when dealing with a hyperinflationary economy. Previously, the results of the Argentinean subsidiaries were converted to the average exchange rate of the period, as is the case for the conversion of the results of the rest of the subsidiaries operating in other countries whose economies are not considered hyperinflationary. Whereas the functional and presentation currency of Embotelladora Andina S.A. does not correspond to that of a hyperinflationary economy, according to the guidelines set out in IAS 29, the restatement of comparative periods is not required in the consolidated financial statements of the Group. Inflation for the periods January to December 2018 and 2017 amounted to 47.6% and 24.8%, respectively. The first time adoption of IAS 29 resulted in a positive adjustment in the accumulated results of Embotelladora Andina S.A., for Th$79,499,736 (net of taxes) as of January 1, 2018. On the other hand, during 2018, the adoption of this standard generated earnings by the re-expression of balance sheet accounts for Th$8,516,369, which is recognized in the consolidated income statement under "Income by readjustment units". In addition, since the Argentinean economy was declared as hyperinflationary, a net loss effect was recorded for Th$15,743,592 in the fiscal year’s income, generated by inflation adjustment and translation at the closing exchange rate at December 31, 2018. 2.5.2 Presentation currency The presentation currency is the Chilean peso, which is the functional currency of the parent company, for such purposes, the financial statements of subsidiaries are translated from the functional currency to the presentation currency as indicated below: a. Translation of financial statements whose functional currency does not correspond to hyperinflationary economies (Brazil and Paraguay) Financial statements measured as indicated are translated to the presentation currency as follows: · The balance sheet is translated to the closing exchange rate at the balance sheet date and the income statement is translated at the average monthly exchange rates, the differences that result are recognized in equity under other comprehensive income. · Cash flow income statement are also translated at average exchange rates for each transaction. · When an account receivable from related companies is designated as hedge investment, translation differences are recorded under comprehensive income, net of deferred taxes. On disposal of the investment, such translation differences are recognized in the income statement as part of the gain or loss on the disposal of the investment. b. Conversion of financial statements whose functional currency corresponds to hyperinflationary economies (Argentina) Financial statements measured in their functional currency, with inflation adjustments since they correspond to a hyperinflationary economy, are translated to the presentation currency as follows: · The balance sheet is translated at the closing exchange rate at the balance sheet date; · Results are translated at the closing exchange rate at the balance sheet date · When an account receivable from related companies is designated as hedge investment, translation differences are recorded under comprehensive income, net of deferred taxes. On disposal of the investment, such translation differences are recognized in the income statement as part of the gain or loss on the disposal of the investment. c. Comparative figures According to the IAS, figures of previous years are not adjusted or re-expressed when the presentation currency is that of a non-hyperinflationary economy, as is the case of the Chilean peso, thus, financial statements of previous years are not amended. 2.5.3 Exchange rates and value of the UF Exchange rate to the Chilean Peso US$ R$ Brazilian A$ Argentine UF Unidad de G$ Paraguayan € Date dollar Real Peso Fomento Guaraní Euro 12.31.2018 694.77 179.30 18.43 27,565.79 0.117 794.75 12.31.2017 614.75 185.84 32.96 26,798.14 0.110 739.15 12.31.2016 669.47 205.42 42.13 26,347.98 0.116 705.60
Property, plant, and equipment	2. 6 Property , plant, and equipment Assets included in Property, plant and equipment are recognized at their historical cost or fair value on the IFRS transition date, less depreciation and cumulative impairment losses. Historical cost of Property, plant and equipment includes expenditures that are directly attributable to the acquisition of the items less government subsidies resulting from the difference between the valuation of liabilities at fair value and the government´s preferential credit rates. Historical cost also includes revaluations and price-level restatements of opening balances (attributable cost) at January 1, 2009, in accordance with the exemptions in IFRS 1. Subsequent costs are included in the asset’s carrying amount or recognized as a separate asset only when it is probable that future economic benefits associated with the items of Property, plant and equipment will flow to the Company and the cost of the item can be measured reliably. The carrying amount of the replaced part is derecognized. Repairs and maintenance are charged to the income statement in the reporting period in which they are incurred. Land is not depreciated. Depreciation on other assets is calculated using the straight-line method to allocate their cost or revalued amounts to their residual values over their estimated useful lives. The estimated useful lives by asset category are: Assets Range in years Buildings - 50 Plant and equipment - 20 Warehouse installations and accessories - 30 Furniture and supplies - 5 Motor vehicles - 7 Other Property, plant and equipment - 8 Bottles and containers - 8 The residual value and useful lives of assets are reviewed and adjusted at the end of each financial statement-reporting period, if appropriate. When the value of an asset is greater than its estimated recoverable amount, the value is written down immediately to its recoverable amount. Gains and losses on disposals of property, plant, and equipment are calculated by comparing the proceeds to the carrying amount and are charged to other expenses by function or other gains, as appropriate. If there are items available for sale and comply with the conditions of IFRS 5 "Non-current assets held for sale and discontinued operations" are separated from Property, plant and equipment and are presented within current assets at the lower value between the book value and its fair value less selling costs.
Intangible assets and Goodwill	2.7 Intangible assets and Goodwill 2.7.1 Goodwill Goodwill represents the excess of the consideration transferred over the Company’s interest in the net fair value of the net identifiable assets of the subsidiary and the fair value of the non-controlling interest in the subsidiary on the acquisition date. Since goodwill is an intangible asset with indefinite useful life, it is recognized separately and tested annually for impairment. Goodwill is carried at cost less accumulated impairment losses. Gains and losses on the sale of an entity include the carrying amount of goodwill related to that entity. Goodwill is assigned to each cash generating unit (CGU) or group of cash-generating units, from where it is expected to benefit from the synergies arising from the business combination. Such CGUs or groups of CGUs represent the lowest level in the organization at which goodwill is monitored for internal management purposes. 2.7. 2 Distribution rights Distribution rights are contractual rights to produce and/or distribute products under the Coca-Cola brand and other brands in certain territories in Argentina, Brazil, Chile and Paraguay that were acquired during Business Combination. Distribution rights are born from the process of valuation at fair value of the assets and liabilities of companies acquired in business combinations. Distribution rights have an indefinite useful life and are not amortized, as the Company believes that the agreements will be renewed indefinitely by the Coca-Cola Company with similar terms and conditions. They are subject to impairment tests on an annual basis. 2.7. 3 Software Carrying amounts correspond to internal and external software development costs, which are capitalized once the recognition criteria in IAS 38, Intangible Assets , have been met. Software is amortized in administrative expenses in the consolidated income statement over a period of four years.
Impairments of non-financial assets	2. 8 Impairments of non-financial assets Assets that have an indefinite useful life, such as intangibles related to distribution rights and goodwill, are not amortized and are tested annually for impairment or more frequently if events or changes in circumstances indicate a potential impairment. Assets that are subject to amortization are tested for impairment whenever there is an event or change in circumstances indicating that the carrying amount may not be recoverable. An impairment loss is recognized for the amount by which the carrying value of the asset exceeds its recoverable amount. The recoverable amount is the greater of an asset’s fair value less costs to sell or its value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (cash generating units).
Financial assets	2. 9 Financial assets Pursuant to IFRS 9, except for certain trade accounts receivable, the Group initially measures a financial asset at its fair value plus transaction costs, in the case of a financial asset that is not at fair value, reflecting changes in P&L. According to IFRS 9, financial assets are subsequently measured at fair value with changes in P&L (FVPL), amortized cost or fair value through other comprehensive income (FVOCI). The classification is based on two criteria: The Group's business model for managing assets; and if the contractual cash flows of financial instruments represent "solely payments of principal and interest” on the outstanding principal amount (the “SPPI criterion”). The new classification and measurement of the Group's financial assets is as follows: · Financial asset at amortized cost for financial instruments that are maintained within a business model with the objective of maintaining the financial assets to collect contractual cash flows that meet the SPPI criterion. This category includes the Group’s trade and other accounts receivable. · Financial assets measured at fair value with changes in other comprehensive income (FVOCI), with gains or losses recognized in P&L at the time of liquidation. Financial assets in this category correspond to the Group's instruments that meet the SPPI criterion and are kept within a business model both to collect cash flows and to sell. Other financial assets are classified and subsequently measures as follows: · Equity instruments at fair value with changes in other comprehensive income (FVOCI) without recognizing earnings or losses in P&L at the time of liquidation. This category only includes equity instruments that the Group intends to keep in the foreseeable future and that the Group has irrevocably chosen to classify in this category in the initial recognition or transition. · Financial assets at fair value with changes in P&L (FVPL) include derivative instruments and equity instruments quoted that the Group had not irrevocably chosen to classify at FVOCI in the initial recognition or transition. This category also includes debt instruments whose cash flow characteristics do not comply with the SPPI criterion or are not kept within a business model whose objective is to recognize contractual cash flows or sale. The Group’s financial liabilities accounting, to a large extent continues to be same as the one set forth in IAS 39. Similar to the requirements of IAS 39, IFRS 9 requires that assets for contingent services be treated as financial instruments measured at fair value, with changes in fair value recognized in P&L. Pursuant to IFRS 9, implicit derivatives are no longer separated from a principal financial asset. Financial assets, however, are classified according to contractual terms and the Group’s business model.
Derivatives financial instruments and hedging activities	2. 10 Derivatives financial instruments and hedging activities The Company and its subsidiaries use derivative financial instruments to mitigate risks relating to changes in foreign currency and exchange rates associated with raw materials, and loan obligations. Derivatives are initially recognized at fair value on the date a derivative contract is entered into and are subsequently re-measured at their fair value. The method of recognizing the resulting gain or loss depends on whether the derivative is designated as a hedging instrument, and if so, the nature of the item being hedged. 2.10. 1 Derivative financial instruments designated as cash flow hedges At the inception of the transaction, the group documents the relationship between hedging instruments and hedged items, as well as its risk management objectives and strategy for undertaking various hedging transactions. The group also documents its assessment, both at hedge inception and on an ongoing basis, of whether the derivatives that are used in hedging transactions are highly effective in offsetting changes in cash flows of hedged items. The effective portion of changes in the fair value of derivatives that are designated and qualify as cash flow hedges is recognized in other comprehensive income. The gain or loss relating to the ineffective portion is recognized immediately in the consolidated income statement within "other gains (losses)”. Amounts accumulated in equity are reclassified to profit or loss in the periods when the hedged item affects profit or loss (for example, when foreign currency denominated financial liabilities are translated into their functional currencies). The gain or loss relating to the effective portion of cross currency swaps hedging the effects of changes in foreign exchange rates are recognized in the consolidated income statement within "foreign exchange differences.” When a hedging instrument expires or is sold, or when a hedge no longer meets the criteria for hedge accounting, any cumulative gain or loss existing in equity at that time remains in equity and is recognized when the forecast transaction is ultimately recognized in the consolidated income statement. 2.10. 2 Derivative financial instruments not designated for hedging The fair value of derivative financial instruments that do not qualify for hedge accounting pursuant to IFRS are immediately recognized in the consolidated income statement under "Other income and losses". The fair value of these derivatives is recorded under "other current financial assets" or "other current financial liabilities" in the statement of financial position.” The Company does not use hedge accounting for its foreign investments. The Company also evaluates the existence of derivatives implicitly in contracts and financial instruments as stipulated by IFRS 9 and classifies them pursuant to their contractual terms and the business model of the group. As of December 31, 2018 and 2017, the Company had no implicit derivatives. Fair value hierarchy The Company maintains assets related to foreign currency derivative contracts which were classified as Other current and non-current financial assets and Other current and non-current financial liabilities, respectively, and are accounted at fair value within the statement of financial position. The Company uses the following hierarchy to determine and disclose the fair value of financial instruments with assessment techniques: Level 1: Quoted (unadjusted) prices in active markets for identical assets or liabilities. Level 2: Inputs other than quoted prices included in Level 1 that are observable for the assets and liabilities, either directly (that is, as prices) or indirectly (that is, derived from prices). Level 3: Inputs for the assets or liabilities that are not based on observable market data information. During the reporting periods there were no transfers of items between fair value measurement categories. All of which were valued during the period using Level 2.
Inventories	2. 11 Inventories Inventories are stated at the lower of cost and net realizable value. Cost is determined using the weighted average cost method. The cost of finished goods and work in progress includes raw materials, direct labor, other direct costs and manufacturing overhead (based on operating capacity) to bring the goods to marketable condition, but it excludes interest expense. Net realizable value is the estimated selling price in the ordinary course of business, less applicable variable selling expenses. Spare parts and production materials are stated at the lower of cost or net realizable value. Estimates are also made for obsolescence of raw materials and finished products based on turnover and age of the related goods.
Trade receivables	2. 12 Trade receivables Trade accounts receivables and other accounts receivable are recognized initially at fair value and subsequently measured at amortized cost less an allowance for expected credit losses, given their short-term nature. An allowance for expected credit losses is made when there is objective evidence that the Company may not be able to collect the full amount according to the original terms of the receivable. The carrying amount of the asset is reduced by the allowance for expected credit losses amount and the loss is recognized in administrative expenses in the consolidated income statement by function.
Cash and cash equivalents	2. 13 Cash and cash equivalents Cash and cash equivalents include cash on hand, bank balances, time deposits and other short-term highly liquid and low risk of change in value investments and mutual funds with original short-term maturities equal to or less than three months.
Other financial liabilities	2. 14 Other financial liabilities Resources obtained from financial institutions as well as the issuance of debt securities are initially recognized at fair value, net of costs incurred during the transaction. Then, liabilities are valued by accruing interests in order to equal the current value with the future value of liabilities payable, using the effective interest rate method. General and specific borrowing costs directly attributable to the acquisition, construction or production of qualified assets, considered as those that require a substantial period of time in order to get ready for their forecasted use or sale, are added to the cost of those assets until the period in which the assets are substantially ready to be used or sold.
Income tax	2. 15 Income tax The Company and its subsidiaries in Chile account for income tax according to the net taxable income calculated based on the rules in the Income Tax Law. Subsidiaries in other countries account for income taxes according to the tax regulations of the country in which they operate. Deferred income taxes are calculated using the liability method on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the Consolidated Financial Statements, using the tax rates that have been enacted or substantively enacted on the balance sheet date and are expected to apply when the deferred income tax asset is realized, or the deferred income tax liability is settled. Deferred income tax assets are recognized only to the extent that it is probable that future taxable profits will be available against which the temporary differences can be utilized. The Company does not recognize deferred income taxes for temporary differences from investments in subsidiaries in which the Company can control the timing of the reversal of the temporary differences and it is probable that they will not be reversed in the near future.
Employee benefits	2. 16 Employee benefits The Company has a provision to cover indemnities for years of service that will be paid to employees in accordance with individual and collective agreements subscribed with employees, which is recorded at actuarial value in accordance with IAS 19. Results from updated of actuarial variables are recorded within other comprehensive income in accordance with IAS 19. Additionally, the Company has retention plans for some officers, which have a provision pursuant to the guidelines of each plan. These plans grant the right to certain officers to receive a cash payment on a certain date once they have fulfilled with the required years of service. The Company and its subsidiaries have recorded a provision to account for the cost of vacations and other employee benefits on an accrual basis. These liabilities are recorded under current non-financial liabilities.
Provisions	2. 17 Provisions Provisions for litigation and other contingencies are recognized when the Company has a present legal or constructive obligation as a result of past event, it is probable that an outflow of resources will be required to settle the obligation, and the amount can be reliably estimated. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the obligation.
Leases	2. 18 Leases a) Operating leases Operating lease payments are recognized as an expense on a straight-line basis over the term of the lease. b) Finance leases Leases of Property, plant and equipment where the Company has substantially all the risks and rewards of ownership are classified as finance leases that are capitalized at the inception of the lease of the item of Property, plant and equipment at the lower of the fair value of the leased assets and the present value of the minimum lease payments. Each lease payment is allocated between the liability and finance charges. The interest element is charged to the income statement over the lease period so as to produce a constant periodic rate of interest on the remaining balance of the liability for each period.
Deposits for returnable containers	2.19 Deposits for returnable containers This liability comprises cash collateral, or deposit, received from customers for bottles and other returnable containers made available to them. This liability pertains to the deposit amount that is reimbursed when the customer or distributor returns the bottles and containers in good condition, together with the original invoice. The liability is estimated based on the number of bottles given to clients and distributors, the estimated number of bottles in circulation, and a historical average weighted value per bottle or containers. Deposits for returnable containers are presented as a current liability in other financial liabilities because the Company does not have legal rights to defer settlement for a period in excess of one year. However, the Company does not anticipate any material cash settlements for such amounts during the upcoming year.
Revenue recognition	2. 20 Revenue recognition Pursuant to IFRS 15, adopted by the Company for its consolidated financial statements as of the effective date January 1, 2018, the only performance obligation identified by the Company is the sale of finished products, which also incorporate the sale of the service of deliver the product to the final customer. The performance obligation is satisfied with the physical delivery of products to customers and no kind of contract exists granting additional rights to clients that can be unilaterally enforced. Revenues from regular activities include fair value of the consideration received or to be received for goods sold during the regular course of the Company’s activities. These revenues are transferred and are presented net of VAT, reimbursements, deductions and discounts. The Company recognizes said Revenues when they can be reliably valued, and when it is probable that the future economic benefits will flow to the Company. For previous periods, the Company applied the revenue recognition policy based on the requirements of IAS 18.
Contributions of The Coca-Cola Company	2. 21 Contributions of The Coca-Cola Company The Company receives certain discretionary contributions from The Coca-Cola Company (TCCC) mainly related to the financing of advertising and promotional programs for its products in the territories where the Company has distribution licenses. The contribution received from TCCC are recognized in net income after the conditions agreed with TCCC in order to become a creditor to such incentive have been fulfilled, they are recorded as a reduction in the marketing expenses included in the Administration Expenses account. Given its discretionary nature, the portion of contributions received in one period does not imply it will be repeated in the following period.
Dividend payments	2. 22 Dividend payments Dividend distribution to Company shareholders is recorded as a liability in the Company’s Consolidated Financial Statements, considering the 30% minimum dividend of the period’s earnings established by Chilean Corporate Law.
Critical accounting estimates and judgments	2. 23 Critical accounting estimates and judgments The Company makes estimates and judgments concerning the future. Actual results may differ from previously estimated amounts. The estimates and judgments that might have a material impact on future financial statements. 2.23. 1 Impairment of goodwill and intangible assets with indefinite useful lives The Company test annually whether goodwill and intangible assets with indefinite useful life (such as distribution rights) have suffered any impairment. The recoverable amounts of cash generating units are generating units are determined based on value in use calculations. The key variables used in the calculations include sales volumes and prices, discount rates, marketing expenses and other economic factors including inflation. The estimation of these variables requires a use of estimates and judgments as they are subject to inherent uncertainties; however, the assumptions are consistent with the Company’s internal planning end past results. Therefore, management evaluates, and updates estimates according to the conditions affecting the variables. If these assets are considered to have been impaired, they will be written off at their estimated fair value or future recovery value according to the discounted cash flows analysis. Discounted cash flows in the Company's cash generating units in Chile, Brazil, Argentina and Paraguay generated a higher value than the carrying values of the respective net assets, including goodwill of the Brazilian, Argentinian and Paraguayan subsidiaries. 2.23. 2 Fair Value of Assets and Liabilities IFRS requires in certain cases that assets and liabilities be recorded at their fair value. Fair value is the price that would be received for selling an asset or paid to transfer a liability in a transaction ordered between market participants at the date of measurement. The basis for measuring assets and liabilities at fair value are their current prices in an active market. For those that are not traded in an active market, the Company determines fair value based on the best information available by using valuation techniques. In the case of the valuation of intangibles recognized as a result of acquisitions from business combinations, the Company estimates the fair value based on the "multi-period excess earning method", which involves the estimation of future cash flows generated by the intangible assets, adjusted by cash flows that do not come from these, but from other assets. The Company also applies estimations over the period during which the intangible assets will generate cash flows, cash flows from other assets, and a discount rate. Other assets acquired, and liabilities assumed in a business combination are carried at fair value using valuation methods that are considered appropriate under the circumstances. Assumptions include the depreciated cost of recovery and recent transaction values for comparable assets, among others. These valuation techniques require certain inputs to be estimated, including the estimation of future cash flows. 2.23. 3 Allowances for expected credit losses The Company evaluates the collectability of trade receivables using several factors. When the Company becomes aware of a specific inability of a customer to fulfill its financial commitments, a specific allowance for expected credit losses is estimated and recorded, which reduces the recognized receivable to the amount that the Company estimates to be able to collect. In addition to specific provisions, allowances for expected credit losses are also determined based on the restated valued of expected credit losses pursuant to IFRS 9. 2.23. 4 Useful life, residual value and impairment of property, plant, and equipment Property, plant, and equipment are recorded at cost and depreciated using the straight-line method over the estimated useful life of those assets. Changes in circumstances, such as technological advances, changes to the Company’s business model, or changes in its capital strategy might modify the effective useful lives as compared to our estimates. Whenever the Company determines that the useful life of Property, plant and equipment might be shortened, it depreciates the excess between the net book value and the estimated recoverable amount according to the revised remaining useful life. Factors such as changes in the planned usage of manufacturing equipment, dispensers, transportation equipment and computer software could make the useful lives of assets shorter. The Company reviews its long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying value of any of those assets may not be recovered. The estimate of future cash flows is based, among other factors, on certain assumptions about the expected operating profits in the future. The Company’s estimation of discounted cash flows may differ from actual cash flows because of, among other reasons, technological changes, economic conditions, changes in the business model, or changes in operating profit. If the sum of the projected discounted cash flows (excluding interest) is less than the carrying amount of the asset, the asset shall be written-off to its estimated recoverable value. 2.23. 5 Liabilities for deposits of returnable container The Company records a liability for deposits received in exchange for bottles and containers provided to its customers and distributors. This liability represents the amount of deposits that must be reimbursed if the customer or distributor returns the bottles and containers in good condition, together with the original invoice. This liability is estimated based on the number of bottles given on loan to customers and distributors, estimates of bottles in circulation and the weighted average historical cost per bottle or container. Management makes several assumptions in order to estimate this liability, including the number of bottles in circulation, the amount of deposit that must be reimbursed and the timing of disbursements.
New Accounting standards (Standards, Interpretations and Amendments) effective application periods	2.24.1 New accounting standards (Standards, Interpretations and Amendments) effective application for annual periods beginning on or after January 1, 2018. Standards and interpretations, as well as the improvements and amendments to IFRS, which have been issued, effective at the date of these financial statements, are detailed below. The Company has applied these rules concluding that they will not significantly affect the financial statements. Mandatory Application Standards, Interpretations and Amendments Date IFRS 9 Financial Instruments January 1, 2018 IFRS 15 Revenue from Contracts with Customers January 1, 2018 IFRIC 22 Foreign Currency Transactions and Advanced Considerations January 1, 2018 IAS 28 Investments in Associates and Joint Ventures-decision to measure participation in associates and joint ventures at fair value with changes in results January 1, 2018 IFRS 9 “Financial Instruments” The final version of IFRS 9 Financial Instruments was issued in July 2014, incorporating all the phases of the IASB project to replace IAS 39 Financial Instruments: Recognition and Measurement for the annual periods beginning on or after January 1, 2018, this standard includes new requirements based on classification, measurement, impairment and hedge accounting principles, it introduces a “more prospective” model for expected credit losses for impairment accounting and a significantly reformed focus for hedge accounting. The adoption of IFRS 9 has not had a significant effect on the accounting policies of the Company in terms of classification and measurement of financial assets and related profit or loss accounts. For classification, measurement and accounting for hedges, no significant changes were determined. Therefore, no significant adjustments from the adoption of IFRS 9 were recognized in the Consolidated Financial Statements of the Company in relation to the classification, measurement and accounting for hedges. In relation to the analysis carried out by the Company to determine the impact of the new expected credit loss model of financial assets to calculate the provisions that should be registered. as of January 1, 2018, the effect of adopting the standard within the retained earnings was not significant because most of the accounts receivable are characterized by recovering in the short term, which results in estimates of expected credit loss that approximates the previous provisions for doubtful accounts under IAS 39. IFRS 15 “Revenue from Contracts with Customers” IFRS 15 Revenue from Contracts with Customers , is a joint project with FASB to eliminate differences upon revenue recognition between IFRS and US GAAP, which was issued in May 2014, it is applicable to all customer contracts, it replaces IAS 11 construction contracts, IAS 18 revenues and related interpretations, and applies to all revenues arising from customer contracts, unless such contracts are within the scope of other standards. The new standard establishes a five-step model for accounting for revenues from contracts with customers, this model will facilitate the comparability of companies from different industries and regions. According to IFRS 15, revenues are recognized in an amount that reflects the consideration to which the entity expects to be entitled in exchange for transfer of control of goods or the provision of services to a customer. The standard requires that the entities apply more judgment, taking into consideration all relevant facts and circumstances when applying each step of the model to the contracts with its customers. The standard also specifies the accounting for incremental costs arising from obtaining a contract and the costs directly related to the fulfillment of a contract. With regards to the reporting segment of Embotelladora Andina, revenue channels are mainly related to the sale of finished product and the delivery of promotional products, which are currently being recognized in the statement of income when the Company transfers these products to the customers. These revenue channels are supported by contracts with different retailers through traditional and modern channels, in which prices with such customers are constantly negotiated due to the high turnover of the Company's products and in order to remain competitive in the market. For the transition, the Company applied the modified retrospective method by determining the cumulative effect as of the date of the standard adoption on the consolidated financial information for the years ended December 31, 2017 and prior periods. In this manner, the prior periods financial statements were not restated, concluding the impacts of adoption did not have a significant impact on the Company's Consolidated Financial Statements. IFRIC Interpretation 22 “Foreign Currency Transactions and Advanced Considerations” The Interpretation addresses the way to determine the date of the transaction in order to establish the exchange rate to be used on the initial recognition of the related asset, expense or income (or the corresponding part of these) in the de-recognition of accounts of a non-monetary asset or liability arising from a payment or collection of advanced consideration in foreign currency, for this purpose the date of the transaction corresponds to the moment in which an entity initially recognizes the non-monetary asset or liability arising from the payment or collection of the advanced consideration. If there are multiple advanced payments or collections, the entity shall determine a transaction date for each advanced consideration payment or collection. The adoption of the aforementioned standards, amendments and interpretations did not have a significant impact on the Company’s Consolidated Financial Statements. IAS 28 “Investments in associates and joint ventures - decision to measure participation in associates and joint ventures at fair value with changes in results” The amendment clarifies that an entity that is a venture capital organization, or another qualifying entity, can choose in the initial recognition to assess its investments in associates and joint ventures at fair value with changes in results. If an entity that is not itself an investment entity has an interest in an associate or joint venture that is an investment entity, it may choose to keep the measurement at fair value applied by its associate. The amendment must be applied retrospectively. The adoption of the aforementioned standards, amendments and interpretations did not have a significant impact on the Company’s Consolidated Financial Statements. 2.24.2 New accounting standards (Standards, Interpretations and Amendments) effective application for annual periods beginning on or after January 1, 2019. Standards and interpretations, as well as the improvements and amendments to IFRS, which have been issued, but are still not effective at the date of these financial statements, are detailed below. The Company has not performed an early application of these rules: New Standards Mandatory application date IFRS 16 Leases January 1, 2019 IFRIC 23 Uncertainty over Income Tax Treatments January 1, 2019 Conceptual Framework Revised Conceptual Framework January 1, 2020 IFRS 16 “Leases” In January 2016, the IASB issued IFRS 16 Leases . IFRS 16 sets the definition of a lease agreement and specifies the accounting treatment of assets and liabilities arising from these contracts from the point of view of the lessor and lessee. The new standard does not differ significantly from the preceding standard, IAS 17 Leases , regarding accounting treatment from the point of view of the lessor. However, from the point of view of the lessee, the new standard requires the recognition of assets and liabilities for most of leasing contracts. IFRS 16 will be mandatory for annual periods beginning after January 1, 2019. Early application is permitted if adopted together with IFRS 15 Revenue from Contracts with Customers. The Company has assessed the impacts of the implementation of the new standard and has estimated an increase of its assets by approximately 1.0 %, and an increase of its liabilities of approximately 1.6 %. The impact of the adoption will generate a reduction of equity of approximately 0.6 %. IFRIC 23 “Uncertainty over Income Tax Treatments” In June 2017, the IASB issued IFRIC Interpretation 23, clarifying the application of recognition and measurement criteria required by IAS 12 Income Taxes when there is uncertainty about the tax treatments. This interpretation shall be applied for annual periods beginning after January 1, 2019. The Company has yet to complete its evaluation of whether this interpretation will have a significant impact on the consolidated financial statements. Revised Conceptual Framework The IASB issued a Revised Conceptual Framework in March 2018, incorporating some new concepts, providing updated definitions and recognition criterion for assets and liabilities and clarifying some important concepts. Changes in the Conceptual Framework may affect the application of IFRS when no standard applies to a given transaction or event. The Revised Conceptual Framework becomes effective for periods ending on or after January 1, 2020. The Company will assess the impact of these new definitions. Amendments and Improvements Mandatory application date IFRS 3 Business Combinations January 1, 2019 IFRS 9 Financial Instruments January 1, 2019 IFRS 11 Joint Arrangements January 1, 2019 IAS 12 Income Taxes January 1, 2019 IAS 23 Borrowing Costs January 1, 2019 IAS 28 Investments in Associates January 1, 2019 IAS 19 Employee Benefits-Amendment, reduction or liquidation of the plan January 1, 2019 IFRS 10 and IAS 28 Consolidated Financial Statements-sale or contribution of assets between an investor and its associate or joint venture To be defined IFRS 3 “Business Combinations” The amendments clarify that when an entity gets control of an entity that is a joint venture, the requirements for a phased business combination are applicable, including the interests previously held on the assets and liabilities of a joint venture presented at fair value. The amendments must apply to business combinations made after January 1, 2019. Early application is allowed. The entity will perform an assessment of the impact of the improvement once it becomes effective. IFRS 9 “Financial Instruments – Payments with negative compensation” A debt instrument can be measured at amortized cost, cost or at fair value through another comprehensive result, provided that the contractual cash flows are only principal and interest payments on the outstanding principal capital and the instrument is carried out within the business model for that classification. Amendments to IFRS 9 aim to clarify that a financial asset meets the criterion of only principal plus interest payments regardless of the event or circumstance that causes the anticipated termination of the contract or of which party pays or receives reasonable compensation for early termination of the contract. Amendments to IFRS 9 shall apply when prepayment is approximate to unpaid capital and interest amounts in such a way as to reflect the change in reference interest rate. This implies that prepayments at fair value or for an amount including the fair value of the cost of an associated hedging instrument will normally satisfy the criterion only principal payments plus interest only if other elements of the change in fair value, such as the effects of credit risk or liquidity are not representative. Application begins January 1, 2019 and will be retrospectively performed with early adoption allowed. The Company will assess the impact of the amendment once it becomes effective. IFRS 11 “Joint Arrangements” The amendment affects joint arrangements on interests previously held in a joint operation. A participating party, but that does not have the joint control of a joint operation could gain control if the joint operation activity constitutes a business as defined by IFRS 3. The amendments clarify that the interests previously maintained in that joint operation are not re-measured at the time of the operation. The amendments shall apply to transactions in which the joint control is acquired after January 1, 2019. Early application is allowed. The Company will assess the impact of the amendment once it becomes effective. IAS 12 “Income Taxes” The amendments clarify that the income tax on dividends generated by financial instruments classified as equity are more directly linked to past transactions or events that generated distribution of profits than distribution to the owners. Therefore, an entity recognizes income tax on dividends in results, other comprehensive income or equity, according to where the entity originally recognized those transactions or past events. The amendments shall apply to dividends recognized after January 1, 2019. The Company will assess the impact of the amendment once it becomes effective. IAS 23 “Borrowing Costs” The amendments clarify that an entity treats any indebtedness originally made to develop a qualified asset as a general loan when substantially all the activities necessary to culminate that asset for use or sale are complete. Amendments should be applied beginning January 1, 2019. The Company will assess the impact of the amendment once it becomes effective. IAS 28 Investments in Associates The amendments clarify that an entity applies IFRS 9 Financial Instruments for long-term investments in associates or joint ventures for those investments that do not apply the equity method but which, in substance, is part of the net investment in the associate or joint venture. This clarification is relevant because it implies that the expected credit loss model, described in IFRS 9, applies to these long-term interests. Entities should apply the amendments retrospectively, with certain exceptions, and shall become effective beginning January 1, 2019. Early application is allowed. The Company will assess the impact of the amendment once it becomes effective. IAS 19 Employee Benefits – Amendment, reduction or liquidation of the plan Amendments to IAS 19 address accounting when the plan is amended, reduced or liquidated during a reporting period. The amendments specify that when a plan has been amended, reduced or liquidated during the annual reporting period, the entity must: · Determine the current cost of services for the remainder of the period following the amendment, reduction or liquidation of the plan, using the actuarial assumptions used to re-measure the liability (asset) for net defined benefits, reflecting the benefits offered under the plan and the assets of the plan after that event. · Determine the net interest for the remainder of the period after the amendment, reduction or liquidation of the plan using: net liabilities (assets), for defined benefits that reflect the benefits offered under the plan and the assets of the plan after that event; and the discount rate used to re-measure net liabilities (assets) for defined benefits. The amendments clarify that an entity first determines any past service costs, or a gain or loss in liquidation, without considering the asset ceiling effect. This amount is recognized under income. An entity then determines the asset ceiling effect after the plan is amended, reduced, or liquidated. Any change in that effect, excluding the amounts included in net interest, is recognized under other comprehensive income. This clarification states that entities may have to recognize a past service cost, or a result in liquidation that reduces a surplus that was not recognized before. Changes to the asset ceiling effect are not offset by those amounts. The amendments apply to amendments, reductions or liquidations of the plan occurring at or after the commencement of the first annual reporting period beginning on or after January 1, 2019. Early application is permitted, which must be disclosed. The entity will evaluate the impact of the amendment once it becomes effective. IFRS 3 Business Combinations – Defining business The IASB issued amendments regarding the definition of a business in IFRS 3 Business Combinations, to help entities determine whether an acquired set of activities and assets is a business or not. The IASB clarifies the minimum requirements for defining a business, eliminates the assessment as to whether market participants are able to replace any missing items, includes guidance to help entities evaluate whether a process acquired is substantial, reduces the definitions of a business and products and introduces an optional fair value concentration test. The amendments must apply to business combinations or asset acquisitions occurring on or after the commencement of the first annual reporting period commencing on or after January 1, 2020. Consequently, entities do not have to revise those transactions that occurred in previous periods. Early adoption is permitted and must be disclosed. Given that amendments are prospectively applied to transactions or other events occurring on or after the date of first application, most entities will probably not be affected by these amendments in the transition. However, those entities that consider acquiring a set of activities and assets after applying the amendments must first of all update their accounting policies in a timely manner. The amendments could also be relevant in other areas of IFRS (for example, that may be relevant when a controller loses control of a subsidiary and has early adopted the sale or contribution of assets between an investor and its associate or business combination) (Amendments to IFRS 10 and IAS 28). The entity will carry out an assessment of the impact of the amendment once it becomes effective. IAS 1 Presentation of Financial Statements and IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors- Definition of material In October 2018, the IASB issued amendments to IAS 1 Presentation of Financial Statements and IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors, to align the definition of "material" in all standards and to clarify certain aspects of the definition. The new definition states that information is material if omitting it, erroneously declaring it, or hiding it could reasonably be expected to influence decisions that primary users of general-purpose financial statements take based on those financial statements, which provide financial information about a specific reporting entity. The amendments must be applied prospectively. Early adoption is permitted and must be disclosed. Although amendments to the definition of material are not expected to have a significant impact on an entity's financial statements, the introduction of the term "hide" in the definition could impact the way in which materiality judgments are made in the practice, elevating the importance of how information is communicated and organized in the financial statements. The entity will carry out an assessment of the impact of the amendment once it becomes effective. IFRS 10 Consolidated Financial Statements and IAS 28 Investment in Associates and Joint Ventures – sale or contribution of assets between an investor and its associate or joint venture The amendments to IFRS 10 Consolidated Financial Statements and IAS 28 Investments in Associates and Joint Ventures (2011) address a recognized inconsistency between the requirements of 10 IFRS and IAS 28 (2011) in the treatment of the contribution or sale of assets between an investor and the associate or joint venture. Amendments, issued in September of 2014, established that when the transaction involves a business (both in a subsidiary or not) it recognizes all profit or loss generated. A partial gain or loss is recognized when the transaction involves assets that do not constitute a business, even when the assets are in a subsidiary. The date of mandatory application of these amendments is to be determined since IASB is waiting for the results of its research project on accounting using the equity method. These amendments must be applied retrospectively, and early adoption is permitted, which must be disclosed. The Company will assess the impact of the amendment once it becomes effective.

BASIS OF PREPARATION OF CONSO_3

BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2018
BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Schedule of the list of subsidiaries included in the consolidation	Holding control (percentage) 12-31-2018 12-31-2017 Taxpayer ID Name of the Company Direct Indirect Total Direct Indirect Total 59.144.140-K Abisa Corp S.A. — 99.99 99.99 — 99.99 99.99 Foreign Aconcagua Investing Ltda. 0.71 99.28 99.99 0.71 99.28 99.99 96.842.970-1 Andina Bottling Investments S.A. 99.90 0.09 99.99 99.90 0.09 99.99 96.972.760-9 Andina Bottling Investments Dos S.A. 99.90 0.09 99.99 99.90 0.09 99.99 Foreign Andina Empaques Argentina S.A. — 99.98 99.98 — 99.98 99.98 96.836.750-1 Andina Inversiones Societarias S.A. 99.98 0.01 99.99 99.98 0.01 99.99 76.070.406-7 Embotelladora Andina Chile S.A. 99.99 — 99.99 99.99 — 99.99 Foreign Embotelladora del Atlántico S.A. 0.92 99.07 99.99 0.92 99.07 99.99 96.705.990-0 Envases Central S.A. 59.27 — 59.27 59.27 — 59.27 96.971.280-6 Inversiones Los Andes Ltda. 99.99 — 99.99 99.99 — 99.99 Foreign Paraguay Refrescos S.A. 0.08 97.75 97.83 0.08 97.75 97.83 76.276.604-3 Red de Transportes Comerciales Ltda. 99.90 0.09 99.99 99.90 0.09 99.99 Foreign Rio de Janeiro Refrescos Ltda. — 99.99 99.99 — 99.99 99.99 78.536.950-5 Servicios Multivending Ltda. 99.90 0.09 99.99 99.90 0.09 99.99 78.861.790-9 Transportes Andina Refrescos Ltda. 99.90 0.09 99.99 99.90 0.09 99.99 96.928.520-7 Transportes Polar S.A. 99.99 — 99.99 99.99 — 99.99 76.389.720-6 Vital Aguas S.A. 66.50 — 66.50 66.50 — 66.50 93.899.000-k Vital Jugos S.A. 15.00 50.00 65.00 15.00 50.00 65.00
Schedule of exchange rates and value of the UF at the close of each of the periods	Exchange rate to the Chilean Peso US$ R$ Brazilian A$ Argentine UF Unidad de G$ Paraguayan € Date dollar Real Peso Fomento Guaraní Euro 12.31.2018 694.77 179.30 18.43 27,565.79 0.117 794.75 12.31.2017 614.75 185.84 32.96 26,798.14 0.110 739.15 12.31.2016 669.47 205.42 42.13 26,347.98 0.116 705.60
Schedule of companies that have a functional currency different from the presentation currency of the parent company	Company Functional currency Andina Empaques Argentina Argentine Peso Embotelladora del Atlántico Argentine Peso Embotelladora Andina Chilean Peso Paraguay Refrescos Guaraní Rio de Janeiro Refrescos Reales
Schedule of estimated useful lives by asset category	Assets Range in years Buildings - 50 Plant and equipment - 20 Warehouse installations and accessories - 30 Furniture and supplies - 5 Motor vehicles - 7 Other Property, plant and equipment - 8 Bottles and containers - 8
Schedule of new accounting standards effective January 1, 2018 and adopted	Mandatory Application Standards, Interpretations and Amendments Date IFRS 9 Financial Instruments January 1, 2018 IFRS 15 Revenue from Contracts with Customers January 1, 2018 IFRIC 22 Foreign Currency Transactions and Advanced Considerations January 1, 2018 IAS 28 Investments in Associates and Joint Ventures-decision to measure participation in associates and joint ventures at fair value with changes in results January 1, 2018
Summary of new accounting standards effective January 1, 2019 and not adopted	New Standards Mandatory application date IFRS 16 Leases January 1, 2019 IFRIC 23 Uncertainty over Income Tax Treatments January 1, 2019 Conceptual Framework Revised Conceptual Framework January 1, 2020
Impact of Revised Conceptual Framework definitions	Amendments and Improvements Mandatory application date IFRS 3 Business Combinations January 1, 2019 IFRS 9 Financial Instruments January 1, 2019 IFRS 11 Joint Arrangements January 1, 2019 IAS 12 Income Taxes January 1, 2019 IAS 23 Borrowing Costs January 1, 2019 IAS 28 Investments in Associates January 1, 2019 IAS 19 Employee Benefits-Amendment, reduction or liquidation of the plan January 1, 2019 IFRS 10 and IAS 28 Consolidated Financial Statements-sale or contribution of assets between an investor and its associate or joint venture To be defined

REPORTING BY SEGMENT (Tables)

REPORTING BY SEGMENT (Tables)	12 Months Ended
	Dec. 31, 2018
REPORTING BY SEGMENT
Schedule of company's operating segments	Chile Argentina Brazil Paraguay Intercompany Consolidated For the period ended December 31, 2018 Operation Operation (2) Operation Operation Eliminations total ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Softdrinks 390,782,296 330,874,797 326,015,740 118,095,369 (72,170) 1,165,696,032 Other beverages 180,156,806 75,341,941 214,493,809 31,492,883 — 501,485,439 Packaging — 7,343,785 — — (1,609,457) 5,734,328 Net sales 570,939,102 413,560,523 540,509,549 149,588,252 (1,681,627) 1,672,915,799 Cost of sales (336,719,937) (214,647,052) (329,529,112) (88,813,300) 1,681,627 (968,027,774) Distribution expenses (55,798,363) (62,899,574) (38,835,833) (8,241,714) (165,775,484) Administrative expenses (109,373,432) (93,149,904) (88,809,386) (22,410,131) (313,742,853) Finance income 1,686,041 14,750 2,019,489 219,964 — 3,940,244 Finance expense (23,713,774) (192,602) (31,108,284) — — (55,014,660) Interest expense, net (1) (22,027,733) (177,852) (29,088,795) 219,964 — (51,074,416) Share of the entity in income of associates 298,359 — 1,112,820 — — 1,411,179 Income tax expense (22,000,539) (18,874,454) (10,088,988) (4,600,874) — (55,564,855) Other income (loss) (11,540,167) (2,639,386) (8,399,463) (111,834) — (22,690,850) Net income of the segment reported 13,777,290 21,172,301 36,870,792 25,630,363 — 97,450,746 Depreciation and amortization 42,353,664 20,474,446 26,830,835 9,935,501 — 99,594,446 Current assets 228,108,768 80,908,212 135,259,768 37,309,706 — 481,586,454 Non-current assets 644,395,166 160,587,931 679,183,347 248,751,791 — 1,732,918,235 Segment assets, total 872,503,934 241,496,143 814,443,115 286,061,497 — 2,214,504,689 Carrying amount in associates and joint ventures accounted for using the equity method, total 50,136,065 — 52,274,880 — — 102,410,945 Capital expenditures and other 67,709,231 28,702,138 32,536,213 9,684,466 — 138,632,048 Current liabilities 186,831,021 83,013,418 128,146,943 21,870,719 — 419,862,101 Non-current liabilities 477,319,648 17,066,746 420,218,066 16,323,385 — 930,927,845 Segment liabilities, total 664,150,669 100,080,164 548,365,009 38,194,104 — 1,350,789,946 Cash flows provided by in Operating Activities 150,035,425 28,899,457 44,949,860 11,394,620 — 235,279,362 Cash flows (used in) provided by Investing Activities (47,164,236) (28,700,733) (32,536,213) (9,684,466) — (118,085,648) Cash flows (used in) provided by Financing Activities (98,560,576) (10,644,812) (5,099,823) (330,067) — (114,635,278) (1) Financial expenses associated with external financing for the purchase of companies, including capital contributions are presented in this item. (2) Pursuant the application of IAS 19 in Argentina, assets and liabilities increased by ThCh $ 97,318,892 and ThCh $ 16,093,780, respectively. The effect in the income statement was a net loss of ThCh $ 15,743,592. Chile Argentina Brazil Paraguay Intercompany Consolidated For the period ended December 31, 2017 Operation Operation Operation Operation Eliminations total ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Softdrinks 391,629,010 444,872,352 387,545,053 113,314,824 (96,999) 1,337,264,240 Other beverages 160,244,448 99,712,939 216,352,694 27,962,406 — 504,272,487 Packaging — 9,202,768 — — (1,860,876) 7,341,892 Net sales 551,873,458 553,788,059 603,897,747 141,277,230 (1,957,875) 1,848,878,619 Cost of sales (328,579,003) (294,370,581) (362,686,353) (85,346,902) 1,957,875 (1,069,024,964) Distribution expenses (54,777,094) (87,032,428) (43,483,958) (7,634,395) — (192,927,875) Administrative expenses (110,969,260) (106,504,163) (109,095,660) (21,630,238) — (348,199,321) Finance income 19,057,630 2,116,590 6,575,528 257,906 (16,813,279) 11,194,375 Finance expense (32,594,796) (4,663,527) (34,767,713) (7,612) 16,813,279 (55,220,369) Interest expense, net* (13,537,166) (2,546,937) (28,192,185) 250,294 — (44,025,994) Share of the entity in income of associates 246,084 (243) (326,201) — — (80,360) Income tax expense (16,871,257) (17,683,875) (13,719,506) (3,522,996) — (51,797,634) Other income (loss) (11,312,509) (10,441,173) (1,855,039) (213,025) — (23,821,746) Net income of the segment reported 16,073,253 35,208,659 44,538,845 23,179,968 — 119,000,725 Depreciation and amortization 42,688,326 17,648,018 27,879,514 10,948,033 — 99,163,891 Current assets 223,245,173 97,529,488 132,815,545 30,419,844 — 484,010,050 Non-current assets 636,482,010 96,532,150 663,556,969 234,278,288 — 1,630,849,417 Segment assets, total 859,727,183 194,061,638 796,372,514 264,698,132 — 2,114,859,467 Carrying amount in associates and joint ventures accounted for using the equity method, total 33,789,538 — 53,019,531 — — 86,809,069 Capital expenditures and other 64,480,973 40,347,989 91,198,657 14,476,783 — 210,504,402 Current liabilities 169,508,083 105,886,744 135,595,156 17,297,339 — 428,287,322 Non-current liabilities 463,997,113 1,368,167 393,125,740 14,847,776 — 873,338,796 Segment liabilities, total 633,505,196 107,254,911 528,720,896 32,145,115 — 1,301,626,118 Cash flows provided by Operating Activities 79,451,122 38,904,028 98,783,329 30,821,869 — 247,960,348 Cash flows (used in) provided by Investing Activities (49,677,671) (40,344,994) (64,331,960) (14,476,785) — (168,831,410) Cash flows (used in) provided by Financing Activities (91,800,089) 16,891,759 (3,437,440) — — (78,345,770) Chile Argentina Brazil Paraguay Intercompany Consolidated For the period ended December 31, 2016 Operation Operation Operation Operation Eliminations total ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Softdrinks 391,479,133 424,427,824 389,048,385 106,953,951 (334,784) 1,311,574,509 Other beverages 148,948,285 83,518,724 201,097,188 25,051,552 — 458,615,749 Packaging — 9,112,468 — — (1,843,406) 7,269,062 Net sales 540,427,418 517,059,016 590,145,573 132,005,503 (2,178,190) 1,777,459,320 Cost of sales (319,213,825) (279,308,400) (359,156,149) (78,409,843) 2,178,190 (1,033,910,027) Distribution expenses (52,540,986) (80,066,734) (44,107,337) (6,961,838) — (183,676,895) Administrative expenses (117,615,991) (97,788,860) (109,345,331) (21,452,613) — (346,202,795) Finance income 2,426,279 1,095,411 5,800,712 339,290 — 9,661,692 Finance expense (16,262,215) (587,216) (34,504,760) (20,780) — (51,374,971) Interest expense, net* (13,835,936) 508,195 (28,704,048) 318,510 — (41,713,279) Share of the entity in income of associates 717,947 — (980,529) — — (262,582) Income tax expense (19,763,700) (17,427,278) (8,911,762) (2,704,353) — (48,807,093) Other income (loss) (13,481,333) (8,284,072) (9,322,611) 250,478 — (30,837,538) Net income of the segment reported 4,693,594 34,691,867 29,617,806 23,045,844 — 92,049,111 Depreciation and amortization 43,619,318 16,445,143 25,666,094 11,603,897 — 97,334,452 Current assets 251,357,854 115,280,140 150,820,924 35,283,479 — 552,742,397 Non-current assets 644,817,201 98,810,807 659,123,444 243,615,898 — 1,646,367,350 Segment assets, total 896,175,055 214,090,947 809,944,368 278,899,377 — 2,199,109,747 Carrying amount in associates and joint ventures accounted for using the equity method, total 23,854,602 — 53,343,179 — — 77,197,781 Capital expenditures and other 47,755,389 37,029,524 51,779,625 9,239,522 — 145,804,060 Current liabilities 137,438,744 134,624,014 130,279,607 17,192,489 — 419,534,854 Non-current liabilities 509,625,208 (1,981,066) 413,749,384 16,011,340 — 937,404,866 Segment liabilities, total 647,063,952 132,642,948 544,028,991 33,203,829 — 1,356,939,720 Cash flows provided by Operating Activities 71,077,982 54,162,992 67,963,682 30,241,904 — 223,446,560 Cash flows (used in) provided by Investing Activities (15,781,118) (37,017,204) (51,873,047) (9,244,948) — (113,916,317) Cash flows (used in) provided by Financing Activities (23,591,062) (17,777,191) (36,806,173) (20,050,099) — (98,224,525) (*) Financial expenses associated with external financing for the purchase of companies, including capital contributions are presented in this item.

CASH AND CASH EQUIVALENTS (Tabl

CASH AND CASH EQUIVALENTS (Tables)	12 Months Ended
	Dec. 31, 2018
CASH AND CASH EQUIVALENTS.
Schedule of cash and cash equivalents	Description 12.31.2018 12.31.2017 ThCh$ ThCh$ By item Cash 2,907,276 139,835 Bank balances 46,425,927 29,234,531 Time deposits 1,500,315 10,616,688 Mutual funds 86,705,095 96,251,062 Total cash and cash equivalents 137,538,613 136,242,116 By currency ThCh$ ThCh$ Dollar 5,917,041 6,973,298 Euro 51,401 17,245 Argentine Peso 6,726,906 19,681,449 Chilean Peso 86,121,695 80,985,719 Paraguayan Guaraní 10,680,600 6,804,997 Brazilian Real 28,040,970 21,779,408 Total cash and cash equivalents 137,538,613 136,242,116
Schedule of time deposits	Placement Expiration Institution Currency Principal Annual rate 12.31.2018 12.31.2017 ThCh$ % ThCh$ ThCh$ 12-29-2017 01-05-2018 Banco Santander Chilean pesos 7,500,000 2.52 % — 7,516,275 12-29-2017 01-05-2018 Banco Santander Chilean pesos 2,700,000 2.40 % — 2,700,360 12-29-2017 01-05-2018 Banco Santander Chilean pesos 400,000 2.40 % — 400,053 12-28-2018 01-04-2019 Banco Santander Chilean pesos 700,000 2.52 % 700,147 12-28-2018 01-04-2019 Banco Santander Chilean pesos 800,000 2.52 % 800,168 Total 1,500,315 10,616,688
Schedule of money market mutual funds	Institution 12.31.2018 12.31.2017 ThCh$ ThCh$ Western Asset Institutional Cash Reserves - USA 15,214,062 3,740,526 Fondo mutuo Banco Chile BTG 13,090,507 5,823,608 Fondo mutuo Larrain Vial - Chile 13,082,767 6,349,486 Fondo mutuo Itaú - Brasil 8,579,254 4,922,923 Fondo mutuo Banco Security - Chile 7,667,585 14,242,343 Fondo mutuo Scotiabank - Chile 7,528,086 5,878,523 Fondo mutuo Santander - Brazil 7,177,468 4,748,368 Fondo mutuo Votorantim 5,630,641 — Fondo mutuo BCI - Chile 4,804,238 — Fondo Fima Premium B - Argentina 2,952,316 1,495,556 Fondo mutuo Banco Estado - Chile — 9,002,000 Fondo mutuo Bradesco - Brazil 978,171 5,046,882 Fondo Fima Ahorro Plus C - Argentina — 8,275,073 Fondo Fima Ahorro Pesos C - Argentina — 8,308,664 Fondo mutuo Corporativo Banchile - Chile — 17,645,940 Citi Institutional Liquid Reserves Limited (CGAM) — 771,170 Total 86,705,095 96,251,062

OTHER CURRENT AND NON-CURRENT_4

OTHER CURRENT AND NON-CURRENT FINANCIAL ASSETS (Tables)	12 Months Ended
	Dec. 31, 2018
OTHER CURRENT AND NON-CURRENT FINANCIAL ASSETS
Schedule of other financial assets, current	a.1 Time deposits Placement Maturity Institution Currency Principal Annual rat 12.31.2018 12.31.2017 ThCh$ % 03-15-2018 03-15-2019 Votorantim Brazilian reais 12,729 8.82 % 14,040 — 08-09-2017 02-12-2018 Banco Santander - Chile Unidad de fomento 7,000,000 1.04 % — 7,082,167 09-25-2017 02-26-2018 BCI Unidad de fomento 1,500,000 1.36 % — 1,516,454 09-25-2017 05-28-2018 Banco Santander - Chile Unidad de fomento 5,000,000 0.94 % — 5,049,376 06-13-2017 03-15-2018 Votorantim Brazilian reais 20,013 8.82 % — 21,145 14,040 13,669,142 a.2 Rights in Forward Contracts 12.31.2018 12.31.2017 ThCh$ ThCh$ Rights in Forward Contracts - Forwards (see details in Note 20) 669,527 469,019 Total other Financial Assets, current 683,567 14,138,161
Schedule of other financial assets, non current	12.31.2018 12.31.2017 ThCh$ ThCh$ Rights in forward contracts (see note 20) 87,446,662 61,898,833 Rights in AdeS (1) manufacturing companies 13,475,279 14,153,111 Increase (decrease) in foreign currency exchange (2) (3,559,646) (1,792,859) Total 97,362,295 74,259,085 (1) On December 27, 2016, Coca-Cola Andina confirmed to The Coca-Cola Company its decision to participate in the “AdeS” business and commercialize said products in all its franchise territories, As a result, the operation materialized on March 28, 2017, and pursuant to the agreements, implied a disbursement of US$39 million, ThCh$14,153,111 were allocated to the purchase of rights in the manufacturing company “AdeS” and ThCh$11,923,449 were allocated to distribution rights of the “AdeS” products. The rights in the acquired companies are distributed as follows: · Purchase of 13.0% interest in the Argentine company Alimentos de Soya S.A. for ThCh$9,661,283. · Purchase of 8.5% interest in the Brazilian company UBI 3 Participações Ltda. for ThCh$4,491,828. (2) Corresponds to the translation of foreign currencies into the Company’s presentation currency and the result of the application of the IAS 29.

OTHER CURRENT AND NON-CURRENT_5

OTHER CURRENT AND NON-CURRENT NON-FINANCIAL ASSETS (Tables)	12 Months Ended
	Dec. 31, 2018
OTHER CURRENT AND NON-CURRENT NON-FINANCIAL ASSETS
Schedule of other current, non-financial assets	12.31.2018 12.31.2017 Description ThCh$ ThCh$ Prepaid expenses 4,967,255 4,839,465 Tax credit remainder 18,022 169,120 Guarantee deposit (Argentine) 3,013 6,608 Other current assets 960,633 596,668 Total 5,948,923 5,611,861
Schedule of other non-current, non-financial assets	12.31.2018 12.31.2017 Description ThCh$ ThCh$ Advance payment to suppliers of property, plant & equipment (1) — 24,269,901 Judicial deposits (see note 21.2) 18,590,597 18,393,546 Fiscal credits 13,222,720 2,287,051 Prepaid expenses 810,662 1,113,154 Others 2,353,285 1,330,693 Total 34,977,264 47,394,345 (1) Corresponds to advance payments made for the construction of the new “Duque de Caxias” bottling plant in Brazil.

TRADE AND OTHER RECEIVABLES (Ta

TRADE AND OTHER RECEIVABLES (Tables)	12 Months Ended
	Dec. 31, 2018
TRADE AND OTHER RECEIVABLES
Schedule of composition of trade and other receivables	12.31.2018 12.31.2017 Allowance Allowance for Commercial Assets for Commercial Assets before expected debtors net before expected debtors net Trade and other receivables provisions credit losses assets provisions credit losses assets ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Current commercial debtors Trade debtors 150,933,965 (3,205,749) 147,728,216 157,926,958 (3,521,734) 154,405,224 Other current debtors 19,552,539 (2,830,299) 16,722,240 31,015,390 (2,825,453) 28,189,937 Current commercial debtors 170,486,504 (6,036,048) 164,450,456 188,942,348 (6,347,187) 182,595,161 Prepayments suppliers 8,672,820 — 8,672,820 8,057,544 — 8,057,544 Other current accounts receivable 1,252,207 (262,160) 990,047 778,901 (146,926) 631,975 Commercial debtors and other current accounts receivable 180,411,531 (6,298,208) 174,113,323 197,778,793 (6,494,113) 191,284,680 Non-current accounts receivable Trade debtors 66,510 — 66,510 58,336 — 58,336 Other non-current debtors 1,204,187 — 1,204,187 2,335,322 — 2,335,322 Other non-current accounts receivable — — — 2,193 — 2,193 Non-current accounts receivable 1,270,697 — 1,270,697 2,395,851 — 2,395,851 Trade and other receivables 181,682,228 (6,298,208) 175,384,020 200,174,644 (6,494,113) 193,680,531
Schedule of aging analysis of trade and other receivables	12.31.2018 12.31.2017 ThCh$ ThCh$ Up to date non-securitized portfolio until 30 days 144,172,500 151,275,377 31 and 60 days 1,815,954 908,980 61 and 90 days 250,560 1,050,476 91 and 120 days 148,622 331,740 121 and 150 days 310,986 709,400 151 and 180 days 141,434 62,834 181 and 210 days 674,676 82,863 211 and 250 days 176,333 538,081 More than 250 days 3,309,410 3,025,543 Total 151,000,475 157,985,294
Schedule of current and non current trade receivables	12.31.2018 12.31.2017 ThCh$ ThCh$ Current commercial debtors 150,933,965 157,926,958 Non-current commercial debtors 66,510 58,336 Total 151,000,475 157,985,294
Schedule of movements in the allowance for doubtful accounts	12.31.2018 12.31.2017 ThCh$ ThCh$ Opening balance 6,494,113 6,697,156 Bad debt expense 1,629,761 2,004,958 Provision application (1,257,591) (1,708,602) Change due to foreign exchange differences (568,075) (499,399) Movement (195,905) (203,043) Ending balance 6,298,208 6,494,113

INVENTORIES (Tables)

INVENTORIES (Tables)	12 Months Ended
	Dec. 31, 2018
INVENTORIES
Schedule of composition of inventories	Details 12.31.2018 12.31.2017 ThCh$ ThCh$ Raw materials (1) 86,102,495 78,216,172 Finished goods 37,213,848 32,097,377 Spare parts and supplies 28,777,180 19,774,056 Work in progress 780,324 676,609 Other inventories 1,049,165 4,134,237 Obsolescence provision (2) (2,603,303) (3,535,451) Total 151,319,709 131,363,000 (1) Approximately 80% is composed of concentrate and sweeteners used in the preparation of beverages, as well as caps and PET supplies used in the packaging of the product. (2) The obsolescence provision is related mainly with the obsolescence of spare parts classified as inventories and to a lesser extent to finished products and raw materials. The general standard is to provision all those multi-functional spare parts without utility in rotation in the last four years prior to the technical analysis technical to adjust the provision. In the case of raw materials and finished products, the obsolescence provision is determined according to maturity.

CURRENT AND DEFERRED INCOME T_2

CURRENT AND DEFERRED INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2018
CURRENT AND DEFERRED INCOME TAXES
Schedule of current tax assets	Description 12.31.2018 12.31.2017 ThCh$ ThCh$ Tax credits (*) 2,532,056 — Total 2,532,056 — (*) Tax credits correspond to income tax credits on training expenses, purchase of Property, plant and equipment, and donations.
Schedule of current tax payable	Description 12.31.2018 12.31.2017 ThCh$ ThCh$ Income tax expense 9,338,612 3,184,965 Total 9,338,612 3,184,965
Schedule of current and deferred income tax expenses	Item 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Current income tax expense 38,313,980 40,183,261 35,902,002 Current tax adjustment previous period 312,403 137,455 534,392 Withholding tax expense foreign subsidiaries 7,364,213 6,730,031 7,645,218 Other current tax expense (income) 474,105 (5,733) 92,008 Current income tax expense 46,464,701 47,045,014 44,173,620 Income (expense) for the creation and reversal of current tax difference (*) 9,100,154 4,752,620 4,633,473 Expense (income) for deferred taxes 9,100,154 4,752,620 4,633,473 Total income tax expense 55,564,855 51,797,634 48,807,093 (*) It includes the effects for the adoption of IAS 29.
Schedule of the net cumulative balances of temporary differences that give rise to deferred tax assets and liabilities	12.31.2018 12.31.2017 Temporary differences Assets Liabilities Assets Liabilities ThCh$ ThCh$ ThCh$ ThCh$ Property, plant and equipment 5,420,447 46,181,359 5,978,377 47,179,903 Obsolescence provision 910,076 112,359 2,215,341 200,979 Employee benefits 5,169,161 131,829 5,391,796 — Post-employment benefits 90,941 1,014,354 61,155 1,020,522 Tax loss carried-forwards (1) 9,137,392 — 10,056,534 — Tax Goodwill Brazil 18,836,838 — 23,195,957 — Contingency provision 26,796,262 — 31,177,351 — Foreign exchange differences (2) 13,083,953 — 7,631,498 — Allowance for doubtful accounts 1,262,977 — 1,155,542 — Coca-Cola incentives (Argentina) 352,061 — 451,790 — Assets and liabilities for placement of bonds — 1,327,727 — 1,297,000 Lease liabilities 1,328,320 — 1,083,010 — Inventories 347,470 — 350,746 — Distribution rights — 173,273,994 — 163,850,599 Others 5,940,224 3,729,093 920,772 Subtotal 82,735,898 227,981,846 92,478,190 214,469,775 Total Assets and net liabilities — 145,245,948 3,212,981 125,204,566 (1) Tax losses mainly associated with the subsidiary Embotelladora Andina Chile S.A. In Chile tax losses have no expiration date (2) Corresponds to differed taxes for exchange rate differences generated on the translation of debt expressed in foreign currency in the subsidiary Rio de Janeiro Refrescos Ltda. and which for tax purposes are recognized in Brazil when incurred. This item also includes the effects of the differences generated in the appraisal of forward contracts.
Schedule of movement in deferred income tax accounts	Item 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Opening Balance 121,991,585 125,608,802 130,201,701 Increase (decrease) in deferred tax 11,303,016 (3,417,011) (6,409,481) Increase (decrease) due to foreign currency translation (*) 11,951,347 (200,206) 1,816,582 Movements 23,254,363 (3,617,217) (4,592,899) Ending balance 145,245,948 121,991,585 125,608,802 (*) It includes the effects for the adoption of IAS 29.
Schedule of composition of domestic and foreign tax expense	Income tax 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Current income taxes Foreign (24,442,984) (30,258,395) (24,752,106) Domestic (22,021,717) (16,786,619) (19,421,514) Current income tax expense (46,464,701) (47,045,014) (44,173,620) Deferred income taxes Foreign (9,121,332) (4,667,982) (4,291,287) Domestic 21,178 (84,638) (342,186) Deferred income tax expense (9,100,154) (4,752,620) (4,633,473) Income tax expense (55,564,855) (51,797,634) (48,807,093)
Schedule of reconciliation between the effective tax rate and the statutory rate	Reconciliation of effective rate 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Net income before taxes 153,606,681 170,798,359 140,856,204 Tax expense at legal rate (27.0%) (41,544,270) — — Tax expense at legal rate (25.5%) — (43,553,581) (33,805,489) Effect of a different tax rate in other jurisdictions 967,671 (4,971,103) (9,214,270) Permanent differences: Non-taxable revenues 12,752,599 9,645,068 6,068,410 Non-deductible expenses (11,141,237) (4,020,729) (419,761) Tax effect on excess tax provision prior periods (295,632) 125,021 86,731 Effect of tax restatement Chilean companies 2,566,163 (1,465,753) (1,875,343) Foreign subsidiaries tax withholding expense and other legal tax debits and credits (18,870,149) (7,556,557) (9,647,371) Adjustments to tax expense (14,988,256) (3,272,950) (5,787,334) Tax expense at effective rate (55,564,855) (51,797,634) (48,807,093) Effective rate 36.2 % 30.6 % 34.7 %
Schedule of income tax rates applicable in each jurisdiction	Rate Country 2018 2017 2016 Chile 27.0 % 25.5 % 24.0 % Brazil 34.0 % 34.0 % 34.0 % Argentina 30.0 % 35.0 % 35.0 % Paraguay 10.0 % 10.0 % 10.0 %

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2018
PROPERTY PLANT AND EQUIPMENT
Schedule of property, plant and equipment	Cumulative depreciation and Property, plant and equipment, Property, plant and equipment, gross impairment net Item 12.31.2018 12.31.2017 12.31.2018 12.31.2017 12.31.2018 12.31.2017 ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Construction in progress 26,048,670 84,118,716 — — 26,048,670 84,118,716 Land 100,479,196 96,990,155 — — 100,479,196 96,990,155 Buildings 371,279,937 222,101,850 (157,119,586) (59,716,002) 214,160,351 162,385,848 Plant and equipment 623,568,795 431,876,945 (416,164,810) (276,043,865) 207,403,985 155,833,080 Information technology 22,752,205 20,697,750 (17,567,484) (16,070,425) 5,184,721 4,627,325 Fixed facilities and accessories 43,717,907 32,990,387 (22,660,738) (13,400,510) 21,057,169 19,589,877 Vehicles 53,682,179 52,587,886 (31,883,578) (23,324,621) 21,798,601 29,263,265 Leasehold improvements 144,914 115,768 (112,737) (108,353) 32,177 7,415 Other Property, plant and equipment (1) 438,350,022 395,823,718 (323,743,924) (288,888,900) 114,606,098 106,934,818 Total 1,680,023,825 1,337,303,175 (969,252,857) (677,552,676) 710,770,968 659,750,499 (1) Other Property, plant and equipment is composed of bottles, market assets, furniture and other minor assets.
Schedule of net balance of other property, plant and equipment	Other Property, plant and equipment 12.31.2018 12.31.2017 ThCh$ ThCh$ Bottles 51,522,834 51,876,569 Marketing and promotional assets (*) 45,739,948 42,798,282 Other Property, plant and equipment 17,343,316 12,259,967 Total 114,606,098 106,934,818 (*) It mainly includes refrigerators, drink and dispensing machines and other minor equipment.
Schedule of movements in property, plant and equipment	Leasehold Construction in Plant and improvements, Other, progress Land Buildings, net equipment, net Vehicles, net net net ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Opening balance at January 1, 2018 84,118,716 96,990,155 162,385,848 155,833,080 4,627,325 19,589,877 29,263,265 7,415 106,934,818 659,750,499 Additions 65,284,334 — 504,675 17,924,606 783,299 165,226 1,451,462 1,430 42,793,277 128,908,309 Disposals — (5,465) (209,713) (1,002,133) — — (203,036) — (1,588,050) (3,008,397) Transfers between items of Property, plant and equipment (109,893,610) — 45,032,440 54,460,571 622,222 1,481,081 (2,218,354) 22,000 10,493,650 — Depreciation expense — — (7,001,828) (39,182,401) (1,830,295) (2,668,535) (5,201,263) (11,112) (41,727,195) (97,622,629) Increase (decrease) due to foreign currency translation differences (6,880,059) (4,615,830) (14,485,709) (17,048,903) (414,850) (4,048,135) (1,722,767) 169 (16,954,922) (66,171,006) Other increase (decrease) (1) (6,580,711) 8,110,336 27,934,638 36,419,165 1,397,020 6,537,655 429,294 12,275 14,654,520 88,914,192 Total movements (58,070,046) 3,489,041 51,774,503 51,570,905 557,396 1,467,292 (7,464,664) 24,762 7,671,280 51,020,469 Ending balance at December 31, 2018 26,048,670 100,479,196 214,160,351 207,403,985 5,184,721 21,057,169 21,798,601 32,177 114,606,098 710,770,968 (1) Mainly correspond to effects of adopting IAS 29 in Argentina. Leasehold Construction Plant and improvements, Other, in progress Land Buildings, net equipment, net Vehicles, net net net ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Opening balance at January 1, 2017 49,986,111 91,961,876 173,073,161 190,402,625 6,122,912 20,466,113 23,896,425 190,523 110,051,139 666,150,885 Additions 89,392,003 4,955,929 1,674,734 4,992,508 945,827 — 1,512,162 13,529 44,451,636 147,938,328 Disposals — — (300,079) (700,973) (1,062,530) (4,161) (173,190) — (790,242) (3,031,175) Transfers between items of Property, plant and equipment (41,957,409) — 3,450,060 24,250,647 1,133,684 2,548,441 2,253,061 — 8,321,516 — Depreciation expense — — (5,880,770) (36,026,939) (2,190,107) (2,112,681) (5,303,332) (61,033) (45,746,096) (97,320,958) Increase (decrease) due to foreign currency translation differences (13,319,346) 72,350 (9,538,737) (20,492,851) (320,634) (1,307,835) 7,441,057 (34,272) (7,670,229) (45,170,497) Other increase (decrease) (1) 17,357 — (92,521) (6,591,937) (1,827) — (362,918) (101,332) (1,682,906) (8,816,084) Total movements 34,132,605 5,028,279 (10,687,313) (34,569,545) (1,495,587) (876,236) 5,366,840 (183,108) (3,116,321) (6,400,386) Ending balance at December 31, 2017 84,118,716 96,990,155 162,385,848 155,833,080 4,627,325 19,589,877 29,263,265 7,415 106,934,818 659,750,499 (1) Mainly correspond to property, plant & equipment write-offs. Fixed facilities Plant and IT and Leasehold Construction equipment, Equipment, accessories, improvements, Other, Property, plant and inprogress Land Buildings, net net net net Vehicles, net net net equipment, net ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Opening balance at January 1, 2016 34,625,004 86,898,529 159,474,930 203,379,934 4,320,656 22,306,759 18,106,705 274,945 111,142,410 640,529,872 Additions 70,421,863 1,248,433 1,201,903 9,833,490 2,666,593 161,395 338,986 — 38,923,620 124,796,283 Disposals — — (4,598) (601,444) — — (3,473) — (54,861) (664,376) Transfers between items of Property, plant and equipment (53,824,861) 1,643,038 15,471,645 16,202,982 1,062,653 1,709,635 9,015,390 — 8,719,518 — Depreciation expense — — (5,335,475) (35,568,436) (1,910,731) (2,456,511) (4,622,348) (112,805) (44,120,837) (94,127,143) Increase (decrease) due to foreign currency translation differences (1,235,895) 2,171,876 2,792,916 (1,266,728) 29,148 (1,254,915) 1,783,041 28,383 (3,322,005) (274,179) Other increase (decrease) (1) — — (528,160) (1,577,173) (45,407) (250) (721,876) — (1,236,706) (4,109,572) Total movements 15,361,107 5,063,347 13,598,231 (12,977,309) 1,802,256 (1,840,646) 5,789,720 (84,422) (1,091,271) 25,621,013 Ending balance at December 31, 2016 49,986,111 91,961,876 173,073,161 190,402,625 6,122,912 20,466,113 23,896,425 190,523 110,051,139 666,150,885 (1) Mainly correspond to property, plant & equipment write-offs.

RELATED PARTY DISCLOSURES (Tabl

RELATED PARTY DISCLOSURES (Tables)	12 Months Ended
	Dec. 31, 2018
RELATED PARTY DISCLOSURES
Schedule of current accounts receivable between related parties	Country Taxpayer ID Company Relationship of origin Currency 12.31.2018 12.31.2017 ThCh$ ThCh$ 96.891.720-K Embonor S.A. Shareholder related Chile Chilean pesos 4,344,082 4,220,936 96.714.870-9 Coca-Cola de Chile S.A. Shareholder Chile Chilean pesos 2,175,934 — Foreign Coca Cola de Argentina Director related Argentina Argentinean pesos 1,684,357 — Foreign UBI 3 (Ades) Shareholder related Argentina Argentinean pesos 455,823 Foreign Alimentos de Soja S.A.U. Shareholder related Argentina Argentinean pesos 371,712 — 96.517.210-2 Embotelladora Iquique S.A. Shareholder related Chile Chilean pesos 228,387 303,866 86.881.400-4 Envases CMF S.A. Associate Chile Chilean pesos 161,460 — 96.919.980-7 Cervecería Austral S.A. Director related Chile U.S. Dollars 26,557 16,674 77.755.610-K Comercial Patagona Ltda. Director related Chile Chilean pesos 1,951 — Foreign Servicio y Productos para Bebidas Refrescantes S.R.L. Shareholder Chile Argentinean pesos — 181,414 76.572.588-7 Coca Cola del Valle New Ventures S.A. Associate Chile Chilean pesos — 647,342 Total 9,450,263 5,370,232
Schedule of non current accounts receivable between related parties	Country Taxpayer ID Company Relationship of origin Currency 12.31.2018 12.31.2017 ThCh$ ThCh$ 96.714.870-9 Coca-Cola de Chile S. A. Shareholder Chile Chilean pesos 74,340 156,492 Total 74,340 156,492
Schedule of current accounts payable between related parties	Country Taxpayer ID Company Relationship of origin Currency 12.31.2018 12.31.2017 ThCh$ ThCh$ 96.714.870-9 Coca-Cola de Chile S.A. Shareholder Chile Chilean pesos 21,286,933 12,458,055 Foreign Recofarma do Industrias Amazonas Ltda. Shareholder related Brazil Brazilian real 8,681,099 15,891,797 86.881.400-4 Envases CMF S.A. Associate Chile Chilean pesos 5,702,194 2,807,572 Foreign Servicio y Productos para Bebidas Refrescantes S.R.L. Shareholder Argentina Argentinean pesos 5,479,714 — Foreign Leão Alimentos e Bebidas Ltda. Associate Brazil Brazilian real 3,132,515 2,539,052 Foreign Monster Shareholder related Brazil Brazilian real 664,565 — 76.572.588-7 Coca Cola del Valle New Ventures S.A. Associate Chile Chilean pesos 649,046 — 89.996.200-1 Envases del Pacífico S.A. Director related Chile Chilean pesos 139,468 193,685 96.891.720-K Embonor S.A. Shareholder related Chile Chilean pesos 92,325 — Foreign Alimentos de Soja S.A.U. Shareholder related Argentina Argentinean pesos — 71,276 Total 45,827,859 33,961,437
Schedule of transactions between related parties	Country Cumulative Taxpayer ID Company Relationship of origin Description of transaction Currency 12.31.2018 ThCh$ 96.714.870-9 Coca-Cola de Chile S.A. Shareholder Chile Purchase of concentrates Chilean pesos 149,933,143 96.714.870-9 Coca-Cola de Chile S.A. Shareholder Chile Purchase of advertising services Chilean pesos 3,508,010 96.714.870-9 Coca-Cola de Chile S.A. Shareholder Chile Sale of raw materials and other Chilean pesos 1,156,744 86.881.400-4 Envases CMF S.A. Associate Chile Purchase of bottles Chilean pesos 14,319,777 86.881.400-4 Envases CMF S.A. Associate Chile Purchase of raw materials Chilean pesos 18,914,788 86.881.400-4 Envases CMF S.A. Associate Chile Purchase of caps Chilean pesos 107,859 86.881.400-4 Envases CMF S.A. Associate Chile Purchase services and others Chilean pesos 1,593,798 86.881.400-4 Envases CMF S.A. Associate Chile Purchase of containers Pesos chilenos 4,096,502 86.881.400-4 Envases CMF S.A. Associate Chile Sale of packaging and raw materials Chilean pesos 3,981,631 96.891.720-K Embonor S.A. Related to Shareholder Chile Sale of finished products Chilean pesos 41,933,095 96.517.310-2 Embotelladora Iquique S.A. Related to Shareholder Chile Sale of finished products Chilean pesos 2,570,315 89.996.200-1 Envases del Pacífico S.A. Related to director Chile Purchase of raw materials and materials Pesos chilenos 1,007,382 94.627.000-8 Parque Arauco S.A. Related to director Chile Rent of spaces Chilean pesos 91,685 Foreign Recofarma do Industrias Amazonas Ltda. Related to Shareholder Brazil Purchase of concentrates Brazilian real 95,449,139 Foreign Recofarma do Industrias Amazonas Ltda. Related to Shareholder Brazil Refund and other purchases Brazilian real 7,641,736 Foreign Servicio y Productos para Bebidas Refrescantes S.R.L. Shareholder Argentina Purchase of concentrates Argentine pesos 98,947,407 Foreign Servicio y Productos para Bebidas Refrescantes S.R.L. Shareholder Argentina Advertising participation payment Argentine pesos 5,727,498 Foreign KIAK Participaciones Subsidiary Brazil Purchase of concentrate and marketing recovery U.S. dollar 42,292 Foreign Leão Alimentos e Bebidas Ltda. Associate Brazil Purchase of products Brazilian real 357,286 Foreign Sorocaba Refrescos S.A. Associate Brazil Purchase of products Brazilian real 698,090 76.572.588-7 Coca Cola Del Valle New Ventures SA Common Shareholder Chile Sale of services and others Chilean pesos 1,391,110 Foreign Trop Frutas do Brasil Ltda. Associate Brazil Purchase of products Brazilian real 86,994 Foreign Alimentos de Soja S.A.U. Related to Shareholder Argentina Payment of fees and services Argentine pesos 1,623,794 96.633.550-5 Sinea S.A. Ownership held by an officer’s uncle Chile Purchase of raw materials Chilean pesos 581,508 Country of Cumulative Taxpayer ID Company Relationship origin Description of transaction Currency 12.31.2017 ThCh$ 96.714.870-9 Coca-Cola de Chile S.A. Shareholder Chile Purchase of concentrates Chilean pesos 140,609,445 96.714.870-9 Coca-Cola de Chile S.A. Shareholder Chile Purchase of advertising services Chilean pesos 1,823,190 96.714.870-9 Coca-Cola de Chile S.A. Shareholder Chile Lease of water fountain Chilean pesos 2,989,115 96.714.870-9 Coca-Cola de Chile S.A. Shareholder Chile Sale of raw materials and other Chilean pesos 2,163,225 86.881.400-4 Envases CMF S.A. Associate Chile Purchase of bottles Chilean pesos 20,865,624 86.881.400-4 Envases CMF S.A. Associate Chile Purchase of raw materials Chilean pesos 12,617,540 86.881.400-4 Envases CMF S.A. Associate Chile Purchase of caps Chilean pesos 477,188 86.881.400-4 Envases CMF S.A. Associate Chile Purchase services and others Chilean pesos 357,456 86.881.400-4 Envases CMF S.A. Associate Chile Sale services and others Chilean pesos 14,944 86.881.400-4 Envases CMF S.A. Associate Chile Purchase of packaging Chilean pesos 2,960,894 86.881.400-4 Envases CMF S.A. Associate Chile Sale of packaging and raw materials Chilean pesos 2,942,690 96.891.720-K Embonor S.A. Related to Shareholder Chile Sale of finished products Chilean pesos 42,561,124 96.517.310-2 Embotelladora Iquique S.A. Related to Shareholder Chile Sale of finished products Chilean pesos 2,650,329 89.996.200-1 Envases del Pacífico S.A. Related to director Chile Purchase of raw materials and materials Chilean pesos 1,676,013 94.627.000-8 Parque Arauco S.A. Related to director Chile Rent of spaces Chilean pesos 90,032 99.279.000-8 Euroamerica Seguros de Vida S.A. Related to director Chile Purchase of insurance policies Chilean pesos 312,231 Foreign Recofarma do Industrias Amazonas Ltda. Related to Shareholder Brazil Purchase of concentrates Chilean pesos 196,738,018 Foreign Recofarma do Industrias Amazonas Ltda. Related to Shareholder Brazil Refund and other purchases Chilean pesos 5,099,040 Foreign Servicio y Productos para Bebidas Refrescantes S.R.L. Shareholder Argentina Purchase of concentrates Argentine pesos 272,541,272 Foreign Servicio y Productos para Bebidas Refrescantes S.R.L. Shareholder Argentina Advertising participation payment Argentine pesos 12,584,231 Foreign KAIK Participações Associate Brazil Refund and other purchases Brazilian real 6,614 Foreign Leão Alimentos e Bebidas Ltda. Associate Brazil Purchase of products Brazilian real 104,103 Foreign Coca-Cola Peru Related to Shareholder Peru Purchase of concentrate and marketing recovery U.S. dollar 7,147,534 Foreign Sorocaba Refrescos S.A. Associate Brazil Purchase of products Brazilian real 574,881 89.862.200-2 Latam Airlines Group S.A. Related to director Chile Sale of products Chilean pesos 652,588 76.572.588-7 Coca Cola Del Valle New Ventures SA Common Shareholder Chile Sale of services and others Chilean pesos 1,444,162 Foreign Trop Frutas do Brasil Ltda. Associate Brazil Purchase of products Brazilian real 317,565 Foreign Alimentos de Soja S.A.U. Related to Shareholder Argentina Payment of fees and services Argentine pesos 538,546 Country Cumulative Taxpayer ID Company Relationship of origin Description of transaction Currency 12.31.2016 ThCh$ 96.714.870-9 Coca-Cola de Chile S.A. Shareholder Chile Purchase of concentrates Chilean pesos 129,660,611 96.714.870-9 Coca-Cola de Chile S.A. Shareholder Chile Purchase of advertising services Chilean pesos 7,154,023 96.714.870-9 Coca-Cola de Chile S.A. Shareholder Chile Lease of water fountain Chilean pesos 3,740,351 96.714.870-9 Coca-Cola de Chile S.A. Shareholder Chile Sale of raw materials and other Chilean pesos 2,299,634 86.881.400-4 Envases CMF S.A. Associate Chile Purchase of bottles Chilean pesos 34,144,348 76.572.588.7 Coca-Cola del Valle New Ventures S.A. Associate Chile Administrative and commerciall services Chilean pesos 180,000 96.891.720-K Embonor S.A Associate Chile Sale of packagingmaterials Chilean pesos 44,310,169 96.517.310-2 Embotelladora Iquique S.A. Related to Shareholder Chile Sale of finished products Chilean pesos 2,749,506 Foreign Recofarma do Industrias Amazonas Ltda. Related to Shareholder Brazil Sale of finished products Brazilian real 115,706,386 Foreign Recofarma do Industrias Amazonas Ltda. Related to Shareholder Brazil Purchase of concentrates Brazilian real 25,675,184 Foreign Leão Alimentos e Bebidas Ltda. Associate Brazil Advertising participation payment Brazilian real 11,658,142 Foreign Servicio y Productos para Bebidas Refrescantes S.R.L. Shareholder Argentina Purchase of concentrates Argentine pesos 114,427,713 Foreign Servicio y Productos para Bebidas Refrescantes S.R.L. Shareholder Argentina Advertising participation payment Argentine pesos 14,680,603 89.996.200-1 Envases del Pacífico S.A. Shareholder Chile Purchase of concentrates Chilean pesos 1,751,011 Foreign Coca-Cola Peru Related to Shareholder Peru Purchase of raw materials U.S. dollar 4,188,812
Schedule of Key management compensation	Description 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Executive wages, salaries and benefits 6,056,337 6,454,846 6,255,806 Director allowances 1,495,123 1,513,100 1,492,088 Accrued benefit last five years and paid during the fiscal year 242,907 334,477 314,288 Contract termination benefit 51,534 — 79,027 Total 7,845,901 8,302,423 8,141,209

CURRENT AND NON-CURRENT EMPLO_2

CURRENT AND NON-CURRENT EMPLOYEE BENEFITS (Tables)	12 Months Ended
	Dec. 31, 2018
CURRENT AND NON-CURRENT EMPLOYEE BENEFITS
Schedule of employee benefits	Description 12.31.2018 12.31.2017 ThCh$ ThCh$ Accrued vacations 19,536,809 20,769,275 Employee remuneration payable 13,674,170 15,186,368 Indemnities for years of service 9,415,541 8,286,355 Total 42,626,520 44,241,998 ThCh$ ThCh$ Current 33,210,979 35,955,643 Non-current 9,415,541 8,286,355 Total 42,626,520 44,241,998
Schedule of movements of employee benefits	Movements 12.31.2018 12.31.2017 ThCh$ ThCh$ Opening balance 8,286,355 8,157,745 Service costs 957,593 1,727,905 Interest costs 565,167 300,755 Net actuarial losses 271,045 (530,059) Benefits paid (664,619) (1,369,991) Total 9,415,541 8,286,355
Schedule of actuarial assumptions	Assumptions 12.31.2018 12.31.2017 Discount rate 2.7 % 2.7 % Expected salary increase rate 2.0 % 2.0 % Turnover rate 5.4 % 5.4 % Mortality rate RV-2009 RV-2009 Retirement age of women 60 years 60 years Retirement age of men 65 years 65 years
Schedule of personnel expenses	Description 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Wages and salaries 195,162,903 215,715,214 218,944,639 Employee benefits 50,254,164 50,127,117 50,174,153 Severance and post-employment benefits 5,535,410 7,410,936 8,252,502 Other personnel expenses 16,014,364 14,205,259 10,921,843 Total 266,966,841 287,458,526 288,293,137
Schedule of number of employees	12.31.2018 12.31.2017 12.31.2016 Number of employees 16,098 15,924 16,296 Number of average employees 15,364 15,784 16,009

INVESTMENTS IN ASSOCIATES ACC_2

INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD (Tables)	12 Months Ended
	Dec. 31, 2018
INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD
Schedule of investments in associates using equity method of accounting	Country of Functional Carrying Value Percentage interest Taxpayer ID Name Incorporation Currency 12.31.2018 12.31.2017 12.31.2018 12.31.2017 ThCh$ ThCh$ % % 86.881.400-4 Envases CMF S.A. (1) Chile Chilean peso 18,743,604 18,528,567 50.00 % 50.00 % Foreign Leão Alimentos e Bebidas Ltda. (2) Brazil Brazilian real 21,727,894 22,163,333 10.26 % 10.26 % Foreign Kaik Participações Ltda. (2) Brazil Brazilian real 1,228,256 1,228,350 11.32 % 11.32 % Foreign SRSA Participações Ltda. Brazil Brazilian real 94,706 189,290 40.00 % 40.00 % Foreign Sorocaba Refrescos S.A. Brazil Brazilian real 22,979,029 23,079,130 40.00 % 40.00 % Foreign Trop Frutas do Brasil Ltda. (2) Brazil Brazilian real 6,244,839 6,359,428 7.52 % 7.52 % 76.572.588-7 Coca Cola del Valle New Ventures S.A. Chile Chilean peso 31,392,617 15,260,971 35.00 % 35.00 % Total 102,410,945 86,809,069 (1) In these company, regardless of the percentage of ownership interest, it was determined that no controlling interest was held, only a significant influence, given that there was not a majority vote of the Board of Directors to make strategic business decisions. (2) In these companies, regardless of the percentage of ownership interest held, the Company has significant influence, given that it has a representative on each entity’s Board of Directors.
Schedule of movement of investments in associates accounted for using the equity method	Details 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Opening Balance 86,809,069 77,197,781 54,190,546 Other Invesment increases in associates (Capital Contributions to Leao Alimentos e Bebidas Ltda and Coca Cola del Valle New Ventures S.A.) 15,615,466 15,570,161 17,586,575 Dividends received (403,414) (1,540,090) (750,806) Share in operating income 2,194,144 932,340 396,764 Unrealized income 85,268 85,268 85,266 Increase (Decrease) due to foreign currency translation differences (1,889,588) (5,436,391) 5,689,436 Ending Balance 102,410,945 86,809,069 77,197,781
Schedule of reconciliation of share of profit in investments in associates	Details 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Share of profit of investment accounted for using the equity method 2,194,144 932,340 396,764 Unrealized earnings in inventory acquired from associates and not sold at the end of period, presented as a discount in the respective asset account (containers and/or inventories) (868,233) (1,097,968) (744,612) Amortization of Fair Value in Envases CMF S.A. 85,268 85,268 85,266 Income Statement Balance 1,411,179 (80,360) (262,582)
Summary of financial information by associates	The following table presents summarized information regarding the Company´s equity investees as of December 31, 2018: Leão Kaik SRSA Alimentos e Trop Frutas Coca- Envases Sorocaba Participaçōes Participaçōes Bebidas do Brasil Cola del Valle CMF S.A. Refrescos S.A. Ltda. Ltda. Ltda. Ltda. New Ventures S.A. ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Total assets 78,714,139 106,598,837 10,850,626 513,823 257,149,411 96,963,355 101,275,213 Total liabilities 40,800,603 49,151,318 34 277,055 57,538,296 21,568,158 11,582,021 Total revenue 53,073,645 57,570,452 348,705 233,182 161,749,228 12,169,188 2,673,496 Net income (loss) of associate 1,086,050 936,360 348,705 233,182 2,000,217 7,753,517 1,506,540 Reporting date 12-31-2018 11-30-2018 11-30-2018 11-30-2018 11-30-2018 11-30-2018 12-31-2018 The following table presents summarized information regarding the Company´s equity investees as of December 31, 2017: Leão Kaik SRSA Alimentos e Trop Frutas Coca- Envases Sorocaba Participaçōes Participaçōes Bebidas do Brasil Cola del Valle CMF S.A. Refrescos S.A. Ltda. Ltda. Ltda. Ltda. New Ventures S.A. ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Total assets 74,308,406 111,697,833 10,851,460 473,226 282,895,158 88,327,243 48,190,779 Total liabilities 36,654,412 54,000,005 35 — 79,689,080 11,407,361 4,594,308 Total revenue 49,924,142 52,507,920 — 469,509 198,216,570 3,345,146 — Net income (loss) of associate 2,405,060 (1,541,788) (137,007) 469,509 (157,266) 1,927,488 (248,532) Reporting date 12-31-2017 12-31-2017 12-31-2017 12-31-2017 12-31-2017 12-31-2017 11-30-2017

INTANGIBLE ASSETS AND GOODWILL

INTANGIBLE ASSETS AND GOODWILL (Tables)	12 Months Ended
	Dec. 31, 2018
INTANGIBLE ASSETS AND GOODWILL
Schedule of intangible assets other than goodwill	12-31-2018 12-31-2017 Gross Cumulative Net Gross Cumulative Net Detail Amount Amortization Amount Amount Amortization Amount ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Distribution rights (1) 661,285,834 (259,434) 661,026,400 656,411,004 (116,387) 656,294,617 Software 31,526,159 (24,160,202) 7,365,957 27,595,084 (21,087,741) 6,507,343 Others 728,198 (298,002) 430,196 511,470 (40,552) 470,918 Total 693,540,191 (24,717,638) 668,822,553 684,517,558 (21,244,680) 663,272,878 (1) Correspond to the contractual rights to produce and distribute Coca-Cola products in certain parts of Argentina, Brazil, Chile and Paraguay. Distribution rights result from the valuation process at fair value of the assets and liabilities of the companies acquired in business combinations. Production and distribution contracts are renewable for periods of 5 years with Coca-Cola. The nature of the business and renewals that Coca-Cola has permanently done on these rights, allow qualifying them as indefinite contracts. These production and distribution rights, and in conjunction with the assets that are part of the cash-generating units, are annually subjected to the impairment test. Such distribution rights are composed in the following manner and are not subject to amortization: except for the Monster rights that are amortized in the term of the agreement which is 4 years.
Schedule of distribution rights	12.31.2018 12.31.2017 Distribution rights ThCh$ ThCh$ Chile (excluding Metropolitan Region, Rancagua and San Antonio) 304,888,183 304,969,889 Brazil (Rio de Janeiro, Espirito Santo, Ribeirão Preto and the investments in Sorocaba and Leão Alimentos e Bebidas Ltda.) 181,583,404 187,695,738 Paraguay 172,594,328 162,825,074 Argentina (North and South) 1,960,485 803,916 Total 661,026,400 656,294,617
Schedule of the movement and balances of identifiable intangible assets	01-01-2018 to 12-31-2018 01-01-2017 to 12-31-2017 Distribution Distribution Details Rights Rights Software Total Rights Rights Software Total ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Opening balance 656,294,617 470,918 6,507,343 663,272,878 674,920,063 470,918 5,605,081 680,996,062 Additions — — 3,718,038 3,718,038 11,923,449 (1) — 2,907,715 14,831,164 Amortization (112,601) (40,722) (1,971,417) (2,124,740) (116,387) — (1,842,933) (1,959,320) Other increases (decreases) (2) 4,844,384 (888,007) 3,956,377 (30,432,508) — (162,520) (30,595,028) Total 661,026,400 430,196 7,365,957 668,822,553 656,294,617 470,918 6,507,343 663,272,878 (1) Corresponds to distribution rights paid in Argentina, Paraguay and Chile resulting from the transaction in which The Coca-Cola Company acquired the “AdeS” business described in previous notes. (2) Mainly corresponds to the foreign currency effect of converting foreign subsidiaries’ distribution rights into the presentation currency.
Schedule of discount rate by country	Discount Rate Discount Rate 2017 2017 Argentina 21.2 % 17.1 % Chile 8.1 % 7.2 % Brazil 10.9 % 9.6 % Paraguay 10.1 % 9.1 %
Schedule of movement in goodwill	Foreign currency translation differences where functional currency is different from Operating segment 01.01.2018 presentation currency 12.31.2018 ThCh$ ThCh$ ThCh$ Chilean operation 8,503,023 — 8,503,023 Brazilian operation 73,509,080 (428,980) 73,080,100 Argentine operation 4,672,971 23,645,158 28,318,129 Paraguayan operation 6,913,143 414,778 7,327,921 Total 93,598,217 23,630,956 117,229,173 Foreign currency translation differences where functional currency is different from Operating segment 01.01.2017 presentation currency 12.31.2017 ThCh$ ThCh$ ThCh$ Chilean operation 8,503,023 — 8,503,023 Brazilian operation 81,145,834 (7,636,754) 73,509,080 Argentine operation 5,972,515 (1,299,544) 4,672,971 Paraguayan operation 7,298,133 (384,990) 6,913,143 Total 102,919,505 (9,321,288) 93,598,217 Foreign currency translation differences where functional currency is different from Operating segment 01.01.2016 presentation currency 12.31.2016 ThCh$ ThCh$ ThCh$ Chilean operation 8,503,023 — 8,503,023 Brazilian operation 71,960,960 9,184,874 81,145,834 Argentine operation 7,720,202 (1,747,687) 5,972,515 Paraguayan operation 7,651,751 (353,618) 7,298,133 Total 95,835,936 7,083,569 102,919,505

OTHER CURRENT AND NON-CURRENT_6

OTHER CURRENT AND NON-CURRENT FINANCIAL LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2018
OTHER CURRENT AND NON-CURRENT FINANCIAL LIABILITIES
Schedule of financial liabilities	Current 12.31.2018 12.31.2017 ThCh$ ThCh$ Bank loans 21,542,736 31,470,003 Bonds payable 20,664,481 20,156,295 Deposits in guarantee 12,242,464 13,849,504 Derivative contract obligations (see note 20) 130,829 445,278 Leasing agreements 1,534,467 2,060,325 Total 56,114,977 67,981,405 Non-current 12.31.2018 12.31.2017 ThCh$ ThCh$ Bank loans 2,439,253 13,057,542 Bonds payable 700,327,057 648,228,554 Leasing agreements 13,797,468 14,481,105 Total 716,563,778 675,767,201
Schedule of the fair value of financial assets and liabilities	Book Value Fair Value Book Value Fair Value Current 12.31.2018 12.31.2018 12.31.2017 12.31.2017 ThCh$ ThCh$ ThCh$ ThCh$ Cash and cash equivalents (3) Other financial assets (3) Trade and other accounts receivable (3) Accounts receivable from related companies (3) Bank loans (1) Bonds payable (2) Deposits in guarantee (3) Derivative contract obligations (3) (see note 20) Leasing agreements (3) Trade and other accounts payable (3) Accounts payable from related companies (3) Non-current 12.31.2018 12.31.2018 12.31.2017 12.31.2017 ThCh$ ThCh$ ThCh$ ThCh$ Other financial assets (3) 97,362,295 97,362,295 74,259,085 75,259,085 Trade and other receivables 1,270,697 1,270,697 2,395,851 2,395,851 Accounts receivable from related companies (3) 74,340 74,340 156,492 156,492 Bank loans (1) 2,439,253 2,307,396 13,057,542 11,588,575 Bonds payable (2) 700,327,057 755,694,265 648,228,554 722,044,324 Leasing agreements (3) 13,797,468 13,797,468 14,481,105 14,481,105 Trade and other accounts payable (3) 735,665 735,665 1,132,926 1,132,926 (1) The fair values are based on discounted cash flows using market discount rates as of the close of each fiscal year and are Level 2 fair value measurements. (2) The fair value of corporate bonds is classified as Level 2 fair value measurements based on quoted prices for the Company’s obligations. (3) The fair value approximates book value considering the nature and term of the obligations.
Schedule of bank obligations, current	Maturity Total Indebted Entity Creditor Entity Type Effective Nominal Up to 90 days at at Tax ID, Name Country Tax ID, Name Country Currency Amortization Rate Rate 90 days To 1 year 12.31.2018 12.31.2017 ThCh$ ThCh$ ThCh$ ThCh$ 91.144.000-8 Embotelladora Andina S.A. Chile 97032000-8 Banco Scotiabank Chile Chilean pesos Monthly 3.64 % 3.64 % — — — 300,000 96.705.990-0 Envases Central S.A. Chile 97.006.000-6 Banco BCI Chile UF Semiannually 2.13 % 2.13 % — 726,943 726,943 709,794 Foreign Embotelladora del Atlántico S.A. Argentina Foreign Banco de la Nación Argentina Argentina Argentine pesos Monthly 20.00 % 20.00 % 1,071 — 1,071 9,965,133 Foreign Embotelladora del Atlántico S.A. Argentina Foreign Banco Galicia y Buenos Aires S.A. Argentina Argentine pesos Monthly 20.00 % 20.00 % — — — 3,352,417 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Itaú Brazil Brazilian real Monthly 7.48 % 7.48 % — — — 298,456 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Santander Brazil Brazilian real Monthly 6.63 % 6.63 % — — — 1,359,471 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Itaú Brazil Brazilian real Monthly 6.63 % 6.63 % 82,480 88,935 171,415 — Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Santander Brazil Brazilian real Monthly 7.15 % 7.15 % 83,151 194,366 277,517 — Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Itaú Brazil Brazilian real Quarterly 7.15 % 7.15 % — — — 1,611,747 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Itaú Brazil Brazilian real Semiannually 4.50 % 4.50 % — — — 2,541,016 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Santander Brazil Brazilian real Quarterly 4.50 % 4.50 % 616,808 1,838,770 2,455,578 — Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Itaú Brazil Brazilian real Quarterly 6.24 % 6.24 % — 17,910,212 17,910,212 11,331,969 Total 21,542,736 31,470,003
Schedule of bank obligations, non-current	Maturity Indebted Entity Creditor Entity Type Effective Nominal 1 year up to More 2 years More 3 years More 4 years More 5 at Tax ID Name Country Tax ID Name Country Currency Amortization Rate Rate 2 years Up to 3 years Up to 4 years Up to 5 years Years 12.31.2018 ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ 96.705.990-0 Envases Central S.A. Chile 97.006.000-6 Banco BCI Chile UF Semiannually 2.1 % 2.1 % 1,434,786 — — — — 1,434,786 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Itaú Brazil Brazilian real Monthly 6.6 % 6.6 % 72,439 43,033 81,225 — 239,730 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Santander Brazil Brazilian real Monthly 7.2 % 7.2 % 151,873 — — — — 151,873 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Santander Brazil Brazilian real Quarterly 6.2 % 6.2 % — — — — — — Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Itaú Brazil Brazilian real Quarterly 4.5 % 4.5 % 612,864 — — — — 612,864 Total 2,439,253 Maturity Indebted Entity Creditor Entity Type Effective Nominal 1 year up to More 2 years More 3 years More 4 years More 5 at Tax ID Name Country Tax ID Name Country Currency Amortization Rate Rate 2 years Up to 3 years Up to 4 years Up to 5 years Years 31.12.2017 ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ 96.705.990-0 Envases Central S.A. Chile 97.006.000-6 Banco BCI Chile Unidad de fomento Semiannually 2.1 % 2.1 % 2,092,245 — — — — 2,092,245 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Alfa Brazil Brazilian real Monthly 7.5 % 7.5 % 125,461 125,461 627,305 — 1,003,688 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Itaú Brazil Brazilian real Monthly 6.6 % 6.6 % 504,700 197,779 128,887 — 876,005 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Santander Brazil Brazilian real Monthly 7.2 % 7.2 % 1,593,608 1,202,096 2,449,851 — 5,909,334 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Itaú Brazil Brazilian real Quarterly 4.5 % 4.5 % 3,176,270 — — — — 3,176,270 Total 13,057,542
Schedule of bonds payable	Current Non-current Total Composition of bonds payable 12.31.2018 12.31.2017 12.31.2018 12.31.2017 12.31.2018 12.31.2017 ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Bonds (face value) 21,038,064 20,547,117 704,048,747 651,459,940 725,086,811 672,007,057 Expenses of bond issuance and discounts on placement (373,583) (390,822) (3,721,690) (3,231,386) (4,095,273) (3,622,208) Net balance presented in statement of financial position 20,664,481 20,156,295 700,327,057 648,228,554 720,991,538 668,384,849
Schedule of current and noncurrent balances	Date Face Unit of Interest final Interest Amortization of Bonds, current portion Series amount Adjustment rate Maturity Payment capital 12.31.2018 12.31.2017 ThCh$ ThCh$ CMF Registration N°254 CMF 06.13.2001 B UF 6.5 % Semiannually 6,598,389 6,071,687 CMF Registration N°641 08.23.2010 C 1,500,000 UF 4.0 % Semiannually 614,152 597,049 CMF Registration N°759 08.20.2013 C 500,000 UF 3.5 % Semiannually 7,069,487 6,959,157 CMF Registration N°760 08.20.2013 D 4,000,000 UF 3.8 % Semiannually 1,545,334 1,502,299 CMF Registration N°760 04.02.2014 E 3,000,000 UF 3.75 % Semiannually 1,027,009 998,409 CMF Registration N°912 10.10.2018 F 5,700,000 UF 2.83 % Semiannually 09.25-2039 1,013,805 Bonds USA — 365,000,000 US$ 5.0 % Semiannually 3,169,888 4,418,516 Total current portion 21,038,064 20,547,117 Bonds non-current portion CMF Registration N°254 CMF 06.13.2001 B UF 6.5 % Semiannually 52,132,023 56,795,423 CMF Registration N°641 08.23.2010 C 1,500,000 UF 4.0 % Semiannually 41,348,685 40,197,210 CMF Registration N°759 08.20.2013 C 500,000 UF 3.5 % Semiannually 6,891,448 13,399,069 CMF Registration N°760 08.20.2013 D 4,000,000 UF 3.8 % Semiannually 110,263,160 107,192,560 CMF Registration N°760 04.02.2014 E 3,000,000 UF 3.75 % Semiannually 82,697,378 80,394,428 CMF Registration N°912 10.10.2018 F 5,700,000 UF 2.83 % Semiannually 09.25-2039 157,125,003 Bonds USA — 365,000,000 US$ 5.0 % Semiannually 253,591,050 353,481,250 Bonds non-current portion 704,048,747 651,459,940
Schedule of non-current maturities	Year of maturity Total non- more than 1 more than 2 more than 3 current Series to 2 to 3 to 4 More than 5 12.31.2018 ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ SVS Registration N°254 06.13.2001 B 6,704,717 7,134,663 7,598,414 30,694,229 52,132,023 SVS Registration N°641 08.23.2010 C — 1,879,436 3,758,871 35,710,378 41,348,685 SVS Registration N°759 08.20.2013 C 3,445,724 3,445,724 — — 6,891,448 SVS Registration N°760 08.20.2013 D — — — 110,263,160 110,263,160 SVS Registration N°760 04.02.2014 E — — — 82,697,378 82,697,378 CMF Registration N°912 10.10.2018 F 157,125,003 157,125,003 Bonds USA — — — — 253,591,050 253,591,050 Total 10,150,441 12,459,823 11,357,285 670,081,198 704,048,747
Schedule of current liabilities for leasing agreements	Maturity Total Indebted Entity Creditor Entity Amortization Effective Nominal Up to 90 days to at At Name Country Tax ID type Type Currency Type rate rate 90 days 1 year 12.31.2018 12.31.2017 ThCh$ ThCh$ ThCh$ ThCh$ Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Itaú Brazil Brazilian real Monthly 10.215 % 10.227 % 11,996 , 11,996 41,467 Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Santander Brazil Brazilian real Monthly 9.65 % 9.47 % 51,766 23,494 75,260 504,815 Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Citibank Brazil Brazilian real Monthly 8.54 % 8.52 % 57,750 51,823 109,573 528,801 Rio de Janeiro Refrescos Ltda. Brazil Foreign Cogeração Light Esco Brazil Brazilian real Monthly 13.00 % 12.28 % 171,115 545,863 716,978 657,610 Rio de Janeiro Refrescos Ltda. Brazil Foreign Tetra Pack Brazil Brazilian real Monthly 7.65 % 7.39 % 57,561 282,104 339,665 — Embotelladora del Atlántico S.A. Argentina Foreign Tetra Pak SRL Argentina Dollars Monthly 12.00 % 12.00 % 280,995 — 280,995 327,632 Total 1,534,467 2,060,325
Schedule of noncurrent liabilities for leasing agreements	Maturity Indebted Entity Creditor Entity Amortization Effective Nominal 1 year to 2 years to 3 years to 4 years to More at Name Country Tax ID Name type Currency Type rate Rate 2 years 3 years 4 years 5 years 5 years 12.31.2018 ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Rio de Janeiro Refrescos Ltda. Brazil Foreign Cogeração Light Esco Brazil Brazilian real Monthly 13.00 % 12.28 % 810,185 915,509 1,034,525 1,169,014 9,466,995 13,396,228 Rio de Janeiro Refrescos Ltda. Brazil Foreign Tetra Pack Brazil Brazilian real Monthly 7.65 % 7.39 % 401,240 — — — — 401,240 TOTAL 13,797,468 Maturity Indebted Entity Creditor Entity Amortization Effective Nominal 1 year to 2 years to 3 years to 4 years to More at Tax ID Name Country Tax, ID Name Country Currency Type rate Rate 2 years 3 years 4 years 5 years 5 years 12.31.2017 ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Itaú Brazil Brazilian real Monthly 10.21 % 10.22 % 11,764 — — — — 11,764 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Santander Brazil Brazilian real Monthly 9.65 % 9.47 % 73,799 — — — — 73,799 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Banco Citibank Brazil Brazilian real Monthly 8.54 % 8.52 % 105,807 — — — — 105,807 Foreign Rio de Janeiro Refrescos Ltda. Brazil Foreign Cogeração Light Esco Brazil Brazilian real Monthly 13.00 % 12.28 % 743,100 839,703 948,864 1,072,216 10,685,852 14,289,735 Total 14,481,105

TRADE AND OTHER ACCOUNTS PAYA_2

TRADE AND OTHER ACCOUNTS PAYABLE, CURRENT AND NON-CURRENT (Tables)	12 Months Ended
	Dec. 31, 2018
TRADE AND OTHER ACCOUNTS PAYABLE, CURRENT AND NON-CURRENT
Schedule of trade and other current accounts payable	Item 12.31.2018 12.31.2017 ThCh$ ThCh$ Trade accounts payable 174,486,806 187,872,116 Withholdings tax 47,693,379 49,857,086 Accounts payable Inamar Ltda. (1) — 356,221 Others 16,665,327 20,566,980 Total 238,845,512 258,652,403 Current 238,109,847 257,519,477 Non-current 735,665 1,132,926 Total 238,845,512 258,652,403
Schedule of accruable liabilities pursuant to Company's operating leasing agreements	Accruable liability ThCh$ Maturity within one year 3,823,849 Maturity between one and five years 4,259,402 Maturity more than five years 480,963 Total 8,564,214

OTHER PROVISIONS, CURRENT AND_2

OTHER PROVISIONS, CURRENT AND NON-CURRENT (Tables)	12 Months Ended
	Dec. 31, 2018
OTHER PROVISIONS, CURRENT AND NON-CURRENT
Schedule of composition of provisions	Description 12.31.2018 12.31.2017 ThCh$ ThCh$ Litigation (1) 62,452,526 65,624,166 Total 62,452,526 65,624,166 Current Non-current Total (1) Corresponds to the provision for probable fiscal, labor and trade contingency losses based on the opinion of our legal advisors, detailed as follows: Detail (see note 21.1) 12.31.2018 12.31.2017 ThCh$ ThCh$ Tax Contingencies 47,991,514 49,185,234 Labor Contingencies 10,376,830 10,468,704 Civil Contingencies 4,084,182 5,970,228 Total 65,624,166
Schedule of movement of provisions	Description 12.31.2018 12.31.2017 ThCh$ ThCh$ Opening Balance as of January 01 65,624,166 73,081,893 Additional provisions 46,657 2,493,968 Increase (decrease) in existing provisions (4,998,530) (19,083,499) Payments 6,139,963 22,985,793 Reverse unused provision (*) (2,157,152) (6,769,384) Increase (decrease) due to foreign exchange differences (2,202,578) (7,084,605) Total 62,452,526 65,624,166 (*) During fiscal years 2018 and 2017 there have been reversals of provisions amounting to Th$ 2,157,152 and Th$6,769,384, respectively which resulted from fines demanded by the Brazilian Treasury on the use of tax credits, because of favorable rulings on the subject for Rio de Janeiro Refrescos Ltda.

OTHER CURRENT AND NON-CURRENT_7

OTHER CURRENT AND NON-CURRENT NON-FINANCIAL LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2018
OTHER CURRENT AND NON-CURRENT NON-FINANCIAL LIABILITIES
Schedule of other current and non-current liabilities	Description 12.31.2018 12.31.2017 ThCh$ ThCh$ Dividend payable 21,584,314 21,679,922 Other 12,189,900 5,328,055 Total 33,774,214 27,007,977

EQUITY (Tables)

EQUITY (Tables)	12 Months Ended
	Dec. 31, 2018
EQUITY
Schedule of number of shares	Number of shares subscribed Number of shares paid in Number of voting shares Series 2018 2017 2016 2018 2017 2016 2018 2017 2016 A 473,289,301 473,289,301 473,289,301 473,289,301 473,289,301 473,289,301 473,289,301 473,289,301 473,289,301 B 473,281,303 473,281,303 473,281,303 473,281,303 473,281,303 473,281,303 473,281,303 473,281,303 473,281,303
Schedule of equity	Subscribed Capital Paid-in capital Series 2018 2017 2016 2018 2017 2016 ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ A 135,379,504 135,379,504 135,379,504 135,379,504 135,379,504 135,379,504 B 135,358,070 135,358,070 135,358,070 135,358,070 135,358,070 135,358,070 Total 270,737,574 270,737,574 270,737,574 270,737,574 270,737,574 270,737,574
Schedule of dividends declared and paid	Profits Dividend imputable to Ch$ per Series Ch$ per Series Payment month type dividends A Share B Share 2017 January Interim 2016 19.00 20.90 2017 May Final 2016 19.00 20.90 2017 August Additional Retained Earnings 19.00 20.90 2017 October Interim 2017 19.00 20.90 2018 January Interim 2017 21.50 23.65 2018 May Final 2017 21.50 23.65 2018 August Additional Retained Earnings 21.50 23.65 2018 October Interim 2018 21.50 23.65 2019 January Interim 2018 21.50 23.65
Schedule of other reserves	Description 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Polar acquisition 421,701,520 421,701,520 421,701,520 Foreign currency translation reserves (306,674,528) (237,077,572) (168,744,355) Cash flow hedge reserve (13,668,932) (3,094,671) (2,448,175) Reserve for employee benefit actuarial gains or losses (1,954,077) (1,915,587) (1,785,032) Legal and statutory reserves 5,435,538 5,435,538 5,435,538 Other 6,014,568 — — Total 110,854,089 254,159,496
Schedule of foreign currency translation reserves	Details 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Brazil (99,990,343) (90,156,924) (58,306,230) Argentina (201,118,180) (128,348,112) (108,386,213) Paraguay 8,623,849 (4,862,332) 10,545,453 Exchange rate differences in related companies (14,189,854) (13,710,204) (12,597,365) Total (306,674,528) (237,077,572) (168,744,355)
Schedule of movement in foreign currency translation reserves	Details 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Brazil (10,313,069) (32,963,533) 30,138,065 Argentina (72,770,068) (19,961,899) (23,472,215) Paraguay 13,486,181 (15,407,785) (11,183,004) Exchange rate differences in related companies — — 3,219,956 Total (69,596,956) (68,333,217) (1,297,198)
Schedule of consolidated statements of comprehensive income	Gross Balance Tax Net Balance Cash Flow for hedge (1) (13,151,841) 2,554,551 (10,597,290) Exchange rate translation differences (1) (72,455,525) 2,476,204 (69,979,321) Benefit relate to defined benefit plans (63,463) 16,184 (47,279) Total Comprenhensive income as of December 31, 2018 (85,670,829) 5,046,939 (80,623,890) Gross Balance Tax Net Balance Cash Flow for hedge (1) (813,844) 167,348 (646,496) Exchange rate translation differences (1) (68,831,435) 232,666 (68,598,769) Benefit relate to defined benefit plans (329,477) 84,017 (245,460) Total Comprenhensive income as of December 31, 2017 (69,974,756) 484,031 (69,490,725) Gross Balance Tax Net Balance Cash Flow for hedge (1) (42,836,575) 13,301,186 (29,535,389) Exchange rate translation differences (1) 148,686 (2,431,408) (2,282,722) Benefit relate to defined benefit plans (29,423) 7,060 (22,363) Total Comprenhensive income as of December 31, 2016 (42,717,312) 10,876,838 (31,840,474) (1) These concepts will be reclassified to the statements of income when it is settled
Schedule of movement in comprehensive income	Benefit related Cash Flow Exchange rate to defines As of December 31, 2018: Hedge Differences benefit plans M$ M$ M$ Increase (decrease) (63,699,788) (72,455,525) (334,508) Deferred taxes 20,217,065 2,476,204 89,366 Reclassification to the result by function 48,415,956 — 271,045 Reclassification of deferred taxes related to other reserves (15,530,523) — (73,182) Total Changes in Equity (10,597,290) (69,979,321) (47,279) Equity holders of the parent (10,597,290) (69,592,296) (43,150) Non-Controlling interests — (387,025) (4,129) Total Changes in equity as of December 31, 2018 (10,597,290) (69,979,321) (47,279) Benefit related Cash Flow Exchange rate to defines As of December 31, 2017: Hedge Differences benefit plans M$ M$ M$ Increase (decrease) (14,172,572) (68,831,435) (476,044) Deferred taxes 3,875,908 232,666 121,390 Reclassification to the result by function 13,352,835 — 146,564 Reclassification of deferred taxes related to other reserves (3,702,667) — (37,370) Total Changes in Equity (646,496) (68,598,769) (245,460) Equity holders of the parent (646,496) (68,333,217) (130,555) Non-Controlling interests — (265,552) (114,905) Total Changes in equity as of December 31, 2017 (646,496) (68,598,769) (245,460) Benefit related Cash Flow Exchange rate to defines As of December 31, 2016: Hedge Differences benefit plans M$ M$ M$ Increase (decrease) (119,668,724) 148,686 (359,258) Deferred taxes 38,337,727 (2,431,408) 86,222 Reclassification to the result by function 76,802,629 — 313,341 Reclassification of deferred taxes related to other reserves (25,007,021) — (62,668) Total Changes in Equity (29,535,389) (2,282,722) (22,363) Equity holders of the parent (29,535,389) (1,297,198) 11,253 Non-Controlling interests — (985,524) (33,616) Total Changes in equity as of December 31, 2016 (29,535,389) (2,282,722) (22,363)
Schedule of non-controlling interests	Non-controlling Interests Ownership % Shareholders’ Equity Income December December December December December December Details 2018 2017 2016 2018 2017 2016 2018 2017 2016 ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Embotelladora del Atlántico S.A. 0.0171 0.0171 0.0171 23,260 13,765 12,209 3,633 5,590 5,502 Andina Empaques Argentina S.A. 0.0209 0.0209 0.0209 2,113 2,213 2,062 96 711 785 Paraguay Refrescos S.A. 2.1697 2.1697 2.1697 5,378,074 5,045,792 5,337,687 556,112 502,945 504,806 Vital S.A. 35.0000 35.0000 35.0000 7,674,785 9,261,108 9,054,947 271,063 283,327 319,858 Vital Aguas S.A. 33.5000 33.5000 33.5000 1,986,493 2,117,098 2,027,879 36,696 151,647 23,744 Envases Central S.A. 40.7300 40.7300 40.7300 4,836,892 5,483,317 5,129,661 (20,225) 220,715 668,425 Total 19,901,617 21,923,293 21,564,445 847,375 1,164,935 1,523,120
Schedule of subsidiaries financial information	Non-controlling Interests Ownership % Shareholders’ Equity Income December December December December December December Details 2018 2017 2016 2018 2017 2016 2018 2017 2016 ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Embotelladora del Atlántico S.A. 0.0171 0.0171 0.0171 23,260 13,765 12,209 3,633 5,590 5,502 Andina Empaques Argentina S.A. 0.0209 0.0209 0.0209 2,113 2,213 2,062 96 711 785 Paraguay Refrescos S.A. 2.1697 2.1697 2.1697 5,378,074 5,045,792 5,337,687 556,112 502,945 504,806 Vital S.A. 35.0000 35.0000 35.0000 7,674,785 9,261,108 9,054,947 271,063 283,327 319,858 Vital Aguas S.A. 33.5000 33.5000 33.5000 1,986,493 2,117,098 2,027,879 36,696 151,647 23,744 Envases Central S.A. 40.7300 40.7300 40.7300 4,836,892 5,483,317 5,129,661 (20,225) 220,715 668,425 Total 19,901,617 21,923,293 21,564,445 847,375 1,164,935 1,523,120 The following tables presents summarized information regarding the Company´s subsidiaries owned by third parties as of December 31, 2018, 2017 and 2016: Andina Embotelladora Empaques Paraguay Del Atlantico Argentina Refrescos Vital Jugos Vital Aguas Envases December 31,2018 S.A. S.A. S.A. S.A. S.A. Central S.A. Total current assets 78,222,876 4,329,932 37,309,706 16,005,424 4,616,490 13,737,336 Total non-current assets 156,224,157 9,251,880 248,751,791 16,969,708 5,287,639 Total current liabilities 82,148,269 2,309,810 21,870,719 11,018,878 3,803,117 13,063,735 Total non-current liabilities 15,897,476 1,169,270 16,323,385 28,298 171,184 1,041,400 Net sales 406,216,738 16,034,964 149,588,252 56,724,318 15,859,403 59,433,099 Net Income 21,304,406 458,980 25,630,364 774,466 109,539 (112,302) Andina Embotelladora Empaques Paraguay Del Atlantico Argentina Refrescos Vital Jugos Vital Aguas Envases December 31,2017 S.A. S.A. S.A. S.A. S.A. Central S.A. Total current assets 97,285,008 7,143,561 30,419,844 21,135,712 4,296,412 8,343,734 Total non-current assets 94,369,129 6,413,307 234,278,288 19,691,418 5,876,875 14,243,627 Total current liabilities 109,594,738 2,944,499 17,297,339 14,244,283 3,698,382 7,410,662 Total non-current liabilities 1,339,723 28,444 14,487,776 128,071 157,558 1,710,709 Net sales 544,585,291 20,698,427 141,277,230 68,884,622 14,642,493 39,205,943 Net Income 32,781,977 3,398,080 23,179,968 809,507 452,679 541,927 Andina Embotelladora Empaques Paraguay Del Atlantico Argentina Refrescos Vital Jugos Vital Aguas Envases December 31,2016 S.A. S.A. S.A. S.A. S.A. Central S.A. Total current assets 110,564,779 6,680,394 35,283,479 19,265,466 4,783,537 8,508,056 Total non-current assets 98,518,204 7,381,968 243,615,898 22,297,712 6,298,423 12,034,286 Total current liabilities 132,431,541 4,061,713 17,192,489 15,246,108 4,884,341 7,333,325 Total non-current liabilities 1,621,792 141,258 16,011,340 445,794 144,250 614,711 Net sales 507,946,578 20,601,647 132,005,503 75,788,427 14,437,818 40,342,848 Net Income 32,268,140 3,754,831 23,045,844 913,880 70,878 1,641,112
Schedule of earnings per share	12.31.2018 Earnings per share SERIES A SERIES B TOTAL Earnings attributable to shareholders (ThCh$) 46,001,994 50,601,377 96,603,371 Average weighted number of shares 473,289,301 473,281,303 946,570,604 Earnings per basic and diluted share (in Chilean pesos) 97.20 106.92 102.06 12.31.2017 Earnings per share SERIES A SERIES B TOTAL Earnings attributable to shareholders (ThCh$) 56,112,755 61,723,035 117,835,790 Average weighted number of shares 473,289,301 473,281,303 946,570,604 Earnings per basic and diluted share (in Chilean pesos) 118.56 130.42 124.49 12.31.2016 Earnings per share SERIES A SERIES B TOTAL Earnings attributable to shareholders (ThCh$) 43,107,979 47,418,012 90,525,991 Average weighted number of shares 473,289,301 473,281,303 946,570,604 Earnings per basic and diluted share (in Chilean pesos) 91.08 100.19 95.64

DERIVATIVE ASSETS AND LIABILI_2

DERIVATIVE ASSETS AND LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2018
DERIVATIVE ASSETS AND LIABILITIES
Schedule of fair value of assets and liabilities	Fair Value Measurements at December 31, 2018 Quoted prices in active markets for identical assets or Observable Unobservable liabilities market data market data (Level 1) (Level 2) (Level 3) Total ThCh$ ThCh$ ThCh$ ThCh$ Assets Current assets Other current financial assets Other current financial assets — 669,527 669,527 Other non-current financial assets — 87,446,662 — 87,446,662 Total assets — 88,116,189 — 88,116,189 Liabilities Current liabilities Other current financial liabilities — 130,829 — 130,829 Total liabilities — 130,829 — 130,829 Fair Value Measurements at December 31, 2017 Quoted prices in active markets for identical assets or Observable Unobservable liabilities market data market data (Level 1) (Level 2) (Level 3) Total ThCh$ ThCh$ ThCh$ ThCh$ Assets Current assets Other current financial assets — 469,019 — 469,019 Other non-current financial assets — 61,898,833 — 61,898,833 Total assets — 62,367,852 — 62,367,852 Liabilities Current liabilities Other current financial liabilities — 445,278 — 445,278 Total liabilities — 445,278 — 445,278

CONTINGENCIES AND COMMITMENTS (

CONTINGENCIES AND COMMITMENTS (Tables)	12 Months Ended
	Dec. 31, 2018
CONTINGENCIES AND COMMITMENTS
Schedule of guarantees and restricted assets	Guarantees that compromise assets including in the financial statements: Balance pending payment on the closing date Provided by Committed assets of the financial statements Guarantee in favor of Name Relationship Guarantee Type 12.31.2018 12.31.2017 ThCh$ ThCh$ Industria Metalúrgica Inamar Ltda. Embotelladora Andina S.A. Parent Company Land Property, plant and equipment — 17,991,202 Gas Licuado Lipigas S.A. Embotelladora Andina S.A. Parent Company Cash and cash equivalents Trade and other receivables 1,140 1,140 Hospital Militar Servicios Multivending Subsidiary Cash and cash equivalents Trade and other receivables — 4,727 Parque Arauco Servicios Multivending Subsidiary Cash and cash equivalents Trade and other receivables — 5,345 Aeropuerto Nuevo Pudahuel Servicios Multivending Subsidiary Cash and cash equivalents Other receivables — 10,129 Hospital FACH Servicios Multivending Subsidiary Cash and cash equivalents Other receivables — Inmob. E Invers. Supetar Ltda Transportes Polar S.A. Subsidiary Cash and cash equivalents Other non-current, non-financial assets Bodegas San Francisco Ltda. Transportes Polar S.A. Subsidiary Cash and cash equivalents Other non-current, non-financial assets — Maria Lobos Jamet Transportes Polar S.A. Subsidiary Cash and cash equivalents Trade and other receivables 2,565 2,565 Reclamaciones Trabajadores Rio de Janeiro Refrescos Ltda. Subsidiary Judicial deposit Other non-current, non-financial assets Reclamaciones Civiles Y Tributarias Rio de Janeiro Refrescos Ltda. Subsidiary Judicial deposit Other non-current, non-financial assets Instituciones Gubernamentales Rio de Janeiro Refrescos Ltda. Subsidiary Property, plant and equipment Property, plant and equipment Distribuidora Baraldo S.H. Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets Acuña Gomez Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 553 989 Nicanor López Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 395 707 Labarda Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 7 12 Municipalidad Bariloche Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 21,420 38,315 Municipalidad San Antonio Oeste Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 40,682 72,768 Municipalidad Carlos Casares Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 1,645 2,943 Municipalidad Chivilcoy Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 254,430 455,104 Others Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 78 140 Granada Maximiliano Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 3,317 5,934 Cicsa Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 4,612 8,249 Locadores Varios Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 46,169 53,900 Aduana De EZEIZA Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 3,013 6,608 Municipalidad De Junin Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 1,592 5,755 Almada Jorge Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 4,949 8,853 Municipalidad De Picun Leufu Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 72 128 Migoni Marano Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 112 — Farias Matias Luis Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 309 1,226 Temas Industriales SA - Embargo General de Fondos Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 231,077 — Gomez Alejandra Raquel Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 35 62 Lopez Gustavo Gerardo C/Inti Saic Y Otros Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 226 403 Fondo Fima Ahorro Plus C Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, financial assets — 519 Tribunal Superior De Justicia De La Provincia De Córdoba Embotelladora del Atlántico S.A. Subsidiary Judicial deposit Other non-current, non-financial assets 290 — DBC SA C CERVECERIA ARGENTINA SA ISEMBECK Embotelladora del Atlántico S.A. Subsidiary Judicial Deposit Other non-current, non-financial assets 41,465 — Marcus A.Peña Paraguay Refrescos Subsidiary Building Property, plant and equipment 4,164 3,782 Mauricio J Cordero C Paraguay Refrescos Subsidiary Building Property, plant and equipment 904 800 José Ruoti Maltese Paraguay Refrescos Subsidiary Building Property, plant and equipment 758 715 Alejandro Galeano Paraguay Refrescos Subsidiary Building Property, plant and equipment 1,251 1,107 Ana Maria Mazó Paraguay Refrescos Subsidiary Building Property, plant and equipment 1,191 1,054 Total 31,816,784 50,651,324 Guarantees provided without obligation of assets included in the financial statements: Provided by Committed assets Amounts involved Warranty creditor Name Relationship Guarantee Type 12.31.2018 12.31.2017 ThCh$ ThCh$ Importadora Casa y Regalos Trans-Heca S.A. Subsidiary Guarantee insurance Compliance lease contract — 2,050 Inmobiliaria e Inversiones Gestion Activa Ltda Trans-Heca S.A. Subsidiary Guarantee insurance Compliance lease contract — 4,585 Inmobiliaria Portofino Red de Transportes comerciales Ltda. Subsidiary Guarantee insurance Guarantee bond — 900 Teléfonica Chile S.A. Red de Transportes comerciales Ltda. Subsidiary Guarantee insurance Guarantee bond — 1,000 Inmobiliaria San Martin Logista S.A Red de Transportes comerciales Ltda. Subsidiary Guarantee insurance Guarantee bond — 3,461 Employee procedures Rio de Janeiro Refrescos Ltda. Subsidiary Guarantee insurance Judicial action 2,601,353 1,496,862 Administrative procedures Rio de Janeiro Refrescos Ltda. Subsidiary Guarantee insurance Judicial action 8,233,853 7,185,511 Gobierno Federal Rio de Janeiro Refrescos Ltda. Subsidiary Guarantee insurance Judicial action 116,192,877 91,903,312 Gobierno Estadual Rio de Janeiro Refrescos Ltda. Subsidiary Guarantee insurance Judicial action 43,015,207 20,527,817 HSBC Sorocaba Refrescos S.A. Associate Loan co-signers 3,586,095 3,716,747 Otros Rio de Janeiro Refrescos Ltda. Subsidiary Guarantee insurance Judicial action 3,236,092 2,449,103 Aduana de Ezeiza Embotelladora del Atlántico S.A. Subsidiary Bond insurance Faithful fulfillment of contract 699,502 63,777 Aduana de Ezeiza Andina Empaques S.A. Subsidiary Bond insurance Faithful fulfillment of contract 182,459 347,990

FINANCIAL RISK MANAGEMENT (Tabl

FINANCIAL RISK MANAGEMENT (Tables)	12 Months Ended
	Dec. 31, 2018
FINANCIAL RISK MANAGEMENT
Schedule of committed maturities for liability payments	Maturity More than 1 More than 2 More than 3 More than 4 Item 1 year year up to 2 years up to 3 up to 4 years ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Bank debt 21,579,550 1,597,027 787,777 772,051 81,286 Bond payable 42,991,809 42,909,590 39,560,554 39,411,666 844,765,446 Operating lease obligations 7,305,508 9,516,692 9,072,970 9,032,343 22,059,516 Purchase obligations 64,406,811 9,126,536 9,338,111 233,004 240,600 Total 136,283,678 63,149,845 58,759,412 49,449,064 867,146,848

EXPENSES BY NATURE (Tables)

EXPENSES BY NATURE (Tables)	12 Months Ended
	Dec. 31, 2018
EXPENSES BY NATURE
Schedule of expenses by nature	01.01.2018 01.01.2017 01.01.2016 Details 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Direct production costs 759,229,954 815,455,280 776,824,622 Payroll and employee benefits 266,966,841 287,458,526 288,293,137 Transportation and distribution 137,428,173 163,361,088 153,675,961 Marketing 17,345,951 29,209,904 39,981,813 Depreciation and amortization 99,594,446 99,163,891 97,334,452 Repairs and maintenance 28,120,097 34,253,824 34,511,508 Other expenses 138,860,649 181,249,647 173,168,224 Total (1) 1,447,546,111 1,610,152,160 1,563,789,717 (1) Corresponds to the addition of cost of sales, administration expenses and distribution cost.

OTHER INCOME (Tables)

OTHER INCOME (Tables)	12 Months Ended
	Dec. 31, 2018
OTHER INCOME
Schedule of other income	01.01.2018 01.01.2017 01.01.2016 Details 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Gain on disposal of Property, plant and equipment 1,984,547 312,470 318,771 Recovery AFIP claim 232,617 — 1,034,040 Others 392,004 238,364 408,088 Total 2,609,168 550,834 1,760,899

OTHER EXPENSES (Tables)

OTHER EXPENSES (Tables)	12 Months Ended
	Dec. 31, 2018
OTHER EXPENSES
Schedule of other expenses	01.01.2018 01.01.2017 01.01.2016 Detail 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Contingencies and Non-operating fees 10,192,495 5,377,190 9,959,181 Tax on bank debits 4,653,929 7,669,234 7,006,261 Disposal and write-off of Property, plant and equipment 262,366 3,025,497 4,800,278 Others 948,973 629,550 999,447 Total 16,057,763 16,701,471 22,765,167

FINANCIAL INCOME AND EXPENSES (

FINANCIAL INCOME AND EXPENSES (Tables)	12 Months Ended
	Dec. 31, 2018
FINANCIAL INCOME AND EXPENSES
Schedule of financial income and expenses	a) Finance income 01.01.2018 01.01.2017 01.01.2016 Detail 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Interest income 1,046,580 8,370,338 8,466,177 Other interest income 2,893,664 2,824,037 1,195,515 Total 3,940,244 11,194,375 9,661,692 b) Finance expenses 01.01.2018 01.01.2017 01.01.2016 Detail 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Bond interest 38,547,682 42,178,816 41,652,154 Bank loan interest 1,828,588 5,553,485 3,990,853 Other interest costs 14,638,390 7,488,068 5,731,964 Total 55,014,660 55,220,369 51,374,971

OTHER (LOSSES) AND GAIN (Tables

OTHER (LOSSES) AND GAIN (Tables)	12 Months Ended
	Dec. 31, 2018
OTHER (LOSSES) AND GAIN
Schedule of other (losses) and gains	01.01.2018 01.01.2017 01.01.2016 Details 12.31.2018 12.31.2017 12.31.2016 ThCh$ ThCh$ ThCh$ Gains (loss) on derivative transactions raw materials — — (1,466) (Losses) gains on ineffective portion of hedge derivatives (2,707,802) (2,536,079) (3,378,484) Other income and (expenses) (57) (1,190) (7,427) Total (2,707,859) (2,537,269) (3,387,377)

LOCAL AND FOREIGN CURRENCY (Tab

LOCAL AND FOREIGN CURRENCY (Tables)	12 Months Ended
	Dec. 31, 2018
LOCAL AND FOREIGN CURRENCY
Schedule of local and foreign currency - Current Assets	CURRENT ASSETS 12.31.2018 12.31.2017 ThCh$ ThCh$ Cash and cash equivalents 137,538,613 136,242,116 US Dollars 5,917,041 6,973,298 Euros 51,401 17,245 Chilean pesos 86,121,695 80,985,719 Brazilian Real 28,040,970 21,779,408 Argentine Pesos 6,726,906 19,681,449 Paraguayan Guarani 10,680,600 6,804,997 Other financial assets 683,567 14,138,161 U.S. Dollars — — Chilean pesos 355,126 — Unidad de Fomento — 13,647,997 Brazilian Real 14,040 366,595 Argentine Pesos 300,359 123,569 Paraguayan Guarani 14,042 — Other non-financial assets 5,948,923 5,611,861 US Dollars 45,053 70,975 Unidad de Fomento 78,623 9,790 Chilean pesos 3,589,253 3,049,402 Brazilian Real 1,275,073 1,447,790 Argentine Pesos 460,125 632,428 Paraguayan Guarani 500,796 401,476 Trade and other accounts receivable, net 174,113,323 191,284,680 US Dollars 863,794 541,579 Euros 52,332 112,763 Unidad de Fomento 1,414,800 1,673,147 Chilean pesos 73,028,244 75,797,942 Brazilian Real 66,585,089 75,387,122 Argentine Pesos 25,000,141 30,870,192 Paraguayan Guarani 7,168,923 6,901,935 Accounts receivable from related companies 9,450,263 5,370,232 US Dollars 26,557 16,674 Chilean pesos 6,911,814 5,172,144 Brazilian Real — Argentine Pesos 2,511,892 181,414 Inventory 151,319,709 131,363,000 US Dollars 2,197,382 3,046,600 Euros 12,522 262,204 Chilean pesos 50,130,341 39,750,597 Brazilian Real 36,797,523 33,834,631 Argentine Pesos 46,394,230 43,857,361 Paraguayan Guarani 15,787,711 10,611,607 Current tax assets 2,532,056 — Chilean pesos — — Brazilian Real 2,532,056 — Total Current Assets 481,586,454 484,010,050 US Dollars 9,049,827 10,649,126 Euros 116,255 392,212 Unidad de Fomento 1,493,423 15,330,934 Chilean pesos 220,136,473 204,755,804 Brazilian Real 135,244,751 132,815,546 Argentine Pesos 81,393,653 95,346,413 Paraguayan Guarani 34,152,072 24,720,015
Schedule of local and foreign currency - Non-Current Assets	NON-CURRENT ASSETS 12.31.2018 12.31.2017 ThCh$ ThCh$ Other financial assets 97,362,295 74,259,085 Chilean pesos - 2,212,688 Brazilian Real 87,446,661 63,531,839 Argentine Pesos 9,915,634 8,514,558 Other non-financial assets 34,977,264 47,394,345 US Dollars 22,917 — Unidad de Fomento 314,283 — Chilean pesos 47,532 395,857 Brazilian Real 32,070,120 45,334,405 Argentine Pesos 2,315,682 1,626,255 Paraguayan Guarani 206,730 37,828 Trade and other receivables 1,270,697 2,395,851 Unidad de Fomento 1,204,097 2,335,322 Argentine Pesos 90 2,193 Paraguayan Guarani 66,510 58,336 Accounts receivable from related parties 74,340 156,492 Chilean pesos 74,340 156,492 Investments accounted for under the equity method 102,410,945 86,809,069 Chilean pesos 50,136,221 33,789,538 Brazilian Real 52,274,724 53,019,531 Intangible assets other than goodwill 668,822,553 663,272,878 US Dollars 4,960,399 3,959,421 Chilean pesos 306,508,710 307,165,028 Brazilian Real 182,657,545 188,401,129 Argentine Pesos 2,101,571 922,226 Paraguayan Guarani 172,594,328 162,825,074 Goodwill 117,229,173 93,598,217 Chilean pesos 9,523,767 9,523,767 Brazilian Real 72,059,356 72,488,336 Argentine Pesos 28,318,129 4,672,971 Paraguayan Guarani 7,327,921 6,913,143 Property, plant and equipment 710,770,968 659,750,499 US Dollars — 190,365 Euros 381,732 5,362,096 Chilean pesos 271,625,978 271,391,436 Brazilian Real 252,674,783 240,781,729 Argentine Pesos 117,532,176 77,580,966 Paraguayan Guarani 68,556,299 64,443,907 Deferred income tax assets — 3,212,981 Argentine Pesos — 3,212,981 Total Non-Current Assets 1,732,918,235 1,630,849,417 US Dollars 4,983,316 4,149,786 Euros 381,732 5,362,096 Unidad de Fomento 1,518,380 2,335,322 Chilean pesos 637,916,548 624,634,806 Brazilian Real 679,183,189 663,556,969 Argentine Pesos 160,183,282 96,532,150 Paraguayan Guarani 248,751,788 234,278,288
Schedule of local and foreign currency - Current Liabilities	12.31.2018 12.31.2017 90 days up to 1 90 days up to 1 CURRENT LIABILITIES Up to 90 days year Total Up to 90 days year Total ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Other financial liabilities, current 9,377,421 46,737,556 56,114,977 13,536,530 54,444,875 67,981,405 U.S. Dollars 130,829 3,304,011 3,434,840 25,540 4,563,131 4,588,671 Unidad de Fomento 7,831,899 10,536,509 18,368,408 6,735,155 9,892,144 16,627,299 Chilean pesos — 9,681,676 9,681,676 — 10,342,404 10,342,404 Brazilian Real 1,413,622 20,833,877 22,247,499 5,084,725 15,589,691 20,674,416 Argentinean pesos 1,071 1,357,285 1,358,356 1,691,110 13,185,694 14,876,804 Paraguayan Guaraní — 1,024,198 1,024,198 — 871,811 871,811 Trade and other accounts payable, current 234,715,484 3,394,363 238,109,847 251,516,304 6,003,173 257,519,477 U.S. Dollars 14,514,082 — 14,514,082 11,716,262 29,728 11,745,990 Euros 4,311,724 59,951 4,371,675 2,202,581 80,070 2,282,651 Unidad de Fomento 192,055 — 192,055 2,198,131 — 2,198,131 Chilean pesos 81,099,246 3,334,412 84,433,658 82,576,800 5,823,291 88,400,091 Brazilian Real 68,940,973 — 68,940,973 74,524,169 — 74,524,169 Argentinean pesos 54,846,437 — 54,846,437 69,859,508 52,403 69,911,911 Paraguayan Guaraní 10,805,605 — 10,805,605 8,437,188 17,681 8,454,869 Other currencies 5,362 — 5,362 1,665 — 1,665 — — — Accounts payable to related companies, current 45,687,476 140,383 45,827,859 33,728,629 232,808 33,961,437 U.S. Dollars — — — — — — Unidad de Fomento — — — — — — Chilean pesos 27,729,583 140,383 27,869,966 15,297,780 232,808 15,530,588 Brazilian Real 12,478,179 — 12,478,179 18,430,849 — 18,430,849 Argentinean pesos 5,479,714 — 5,479,714 — — — Paraguayan Guaraní — — — Other provisions, current 1,789,275 1,696,338 3,485,613 2,616,340 60,078 2,676,418 Chilean pesos 1,789,275 1,681,178 3,470,453 2,616,340 — 2,616,340 Paraguayan Guaraní — 15,160 15,160 — 60,078 60,078 Tax liabilities, current 4,302,370 5,036,242 9,338,612 543,874 2,641,091 3,184,965 Chilean pesos 4,302,370 1,184,842 5,487,212 184,406 — 184,406 Brazilian Real — — — 359,468 359,468 718,936 Argentinean pesos — 2,980,634 2,980,634 — 2,155,680 2,155,680 Paraguayan Guaraní — 870,766 870,766 — 125,943 125,943 Employee benefits current provisions 10,189,264 23,021,715 33,210,979 — 35,955,643 35,955,643 Chilean pesos 1,177,114 4,854,163 6,031,277 — 6,365,543 6,365,543 Brazilian Real — 17,180,455 17,180,455 — 16,412,363 16,412,363 Argentinean pesos 9,012,150 — 9,012,150 — 12,371,827 12,371,827 Paraguayan Guaraní — 987,097 987,097 — 805,910 805,910 Other non-financial liabilities, current 1,346,839 32,427,375 33,774,214 648,171 26,359,806 27,007,977 Unidad de Fomento — — — — — — Chilean pesos 869,964 32,276,377 33,146,341 190,529 26,111,396 26,301,925 Brazilian Real — — — — — — Argentinean pesos 476,875 — 476,875 457,642 — 457,642 Paraguayan Guaraní — 150,998 150,998 — 248,410 248,410 Total current liabilities 307,408,129 112,453,972 419,862,101 302,589,848 125,697,474 428,287,322 U.S. Dollars 14,644,911 3,304,011 17,948,922 11,741,802 4,592,859 16,334,661 Euros 4,311,724 59,951 4,371,675 2,202,581 80,070 2,282,651 Unidad de Fomento 8,023,954 10,536,509 18,560,463 8,933,286 9,892,144 18,825,430 Chilean pesos 116,967,552 53,153,031 170,120,583 100,865,855 48,875,442 149,741,297 Brazilian Real 82,832,774 38,014,332 120,847,106 98,399,211 32,361,522 130,760,733 Argentinean pesos 69,816,247 4,337,919 74,154,166 72,008,260 27,765,604 99,773,864 Paraguayan guaraní 10,805,605 3,048,219 13,853,824 8,437,188 2,129,833 10,567,021 Other currencies 5,362 — 5,362 1,665 — 1,665
Schedule of local and foreign currency - Non-Current Liabilities	12.31.2018 12.31.2017 More More than More More More than than 1 up 3 years up 5 than than 1 up 3 years up More than NON-CURRENT LIABILITIES to 3 years to 5 years years Total to 3 years to 5 years 5 years Total ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ ThCh$ Other non-current financial liabilities 28,642,101 276,409,074 411,512,603 716,563,778 8,185,760 8,153,247 659,428,194 675,767,201 U.S. Dollars — 250,976,154 — 250,976,154 513,788 — 350,016,750 350,530,538 Unidad de Fomento 25,634,958 23,105,123 402,045,609 450,785,690 — 2,092,245 298,725,592 300,817,837 Chilean pesos — — — — — — — — Brazilian Real 3,007,143 2,327,797 9,466,994 14,801,934 7,671,972 6,061,002 10,685,852 24,418,826 Non-current accounts payable 735,665 — — 735,665 1,132,926 — — 1,132,926 U.S. Dollars 585,289 — — 585,289 748,565 — — 748,565 Chilean pesos 148,680 — — 148,680 356,221 — — 356,221 Argentinean pesos 1,696 — — 1,696 28,140 — — 28,140 Other provisions, non-current 3,448,042 55,518,871 — 58,966,913 62,947,748 — — 62,947,748 Chilean pesos 2,500,000 — — 2,500,000 5,000,000 5,000,000 Brazilian Real — 55,518,871 — 55,518,871 56,607,720 — — 56,607,720 Argentinean pesos 948,042 — — 948,042 1,340,028 — — 1,340,028 Paraguayan Guaraní — — — — Deferred tax liabilities 16,607,605 101,512,040 27,126,303 145,245,948 19,317,808 91,769 105,794,989 125,204,566 Chilean pesos 497,175 81,630,530 11,899,975 94,027,680 252,448 91,769 92,319,662 92,663,879 Brazilian Real — 19,881,510 — 19,881,510 19,065,360 — — 19,065,360 Argentinean pesos 16,110,430 — — 16,110,430 Paraguayan Guaraní — — 15,226,328 15,226,328 — — 13,475,327 13,475,327 Employee benefits non-current provisions 742,297 240,148 8,433,096 9,415,541 359,760 62,742 7,863,853 8,286,355 Chilean pesos 230,528 240,148 8,433,096 8,903,772 163,756 62,742 7,863,853 8,090,351 Paraguayan Guaraní 511,769 — — 511,769 196,004 — — 196,004 Other non-financial liabilities, non-current — — — — — — — — Brazilian Real — — — — — — — — Argentinean pesos — — — — — — — — Total non-current liabilities 50,175,710 433,680,133 447,072,002 930,927,845 91,944,002 8,307,758 773,087,036 873,338,796 U.S. Dollars 585,289 250,976,154 — 251,561,443 1,262,353 — 350,016,750 351,279,103 Unidad de Fomento 25,634,958 23,105,123 402,045,609 450,785,690 — 2,092,245 298,725,592 300,817,837 Chilean pesos 3,376,383 81,870,678 20,333,071 105,580,132 5,772,425 154,511 100,183,515 106,110,451 Brazilian Real 3,007,143 77,728,178 9,466,994 90,202,315 83,345,052 6,061,002 10,685,852 100,091,906 Argentinean pesos 17,060,168 — — 17,060,168 1,368,168 — — 1,368,168 Paraguayan Guaraní 511,769 — 15,226,328 15,738,097 196,004 — 13,475,327 13,671,331

CORPORATE INFORMATION (Details)

CORPORATE INFORMATION (Details)	Dec. 31, 2018
Series A | Freire Group and its related companies
Disclosure of transactions between related parties [line items]
Ownership percentage with voting right	55.72%

BASIS OF PREPARATION OF CONSO_4

BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Subsidiaries (Details)	Dec. 31, 2018	Dec. 31, 2017
Abisa Corp S.A
List of subsidiaries
Indirect holding control percentage	99.99%	99.99%
Holding control percentage	99.99%	99.99%
Aconcagua Investing Ltda.
List of subsidiaries
Direct holding control percentage	0.71%	0.71%
Indirect holding control percentage	99.28%	99.28%
Holding control percentage	99.99%	99.99%
Andina Bottling Investments S.A
List of subsidiaries
Direct holding control percentage	99.90%	99.90%
Indirect holding control percentage	0.09%	0.09%
Holding control percentage	99.99%	99.99%
Andina Bottling Investments Dos S.A.
List of subsidiaries
Direct holding control percentage	99.90%	99.90%
Indirect holding control percentage	0.09%	0.09%
Holding control percentage	99.99%	99.99%
Andina Empaques Argentina S.A.
List of subsidiaries
Indirect holding control percentage	99.98%	99.98%
Holding control percentage	99.98%	99.98%
Andina Inversiones Societarias S.A.
List of subsidiaries
Direct holding control percentage	99.98%	99.98%
Indirect holding control percentage	0.01%	0.01%
Holding control percentage	99.99%	99.99%
Embotelladora Andina Chile S.A.
List of subsidiaries
Direct holding control percentage	99.99%	99.99%
Holding control percentage	99.99%	99.99%
Embotelladora del Altantico S.A.
List of subsidiaries
Direct holding control percentage	0.92%	0.92%
Indirect holding control percentage	99.07%	99.07%
Holding control percentage	99.99%	99.99%
Envases Central S.A.
List of subsidiaries
Direct holding control percentage	59.27%	59.27%
Holding control percentage	59.27%	59.27%
Inversiones Los Andes Ltda.
List of subsidiaries
Direct holding control percentage	99.99%	99.99%
Holding control percentage	99.99%	99.99%
Paraguay Refrescos S.A.
List of subsidiaries
Direct holding control percentage	0.08%	0.08%
Indirect holding control percentage	97.75%	97.75%
Holding control percentage	97.83%	97.83%
Red de Transportes Comerciales Ltda.
List of subsidiaries
Direct holding control percentage	99.90%	99.90%
Indirect holding control percentage	0.09%	0.09%
Holding control percentage	99.99%	99.99%
Rio De Janeiro Refrescos Ltda
List of subsidiaries
Indirect holding control percentage	99.99%	99.99%
Holding control percentage	99.99%	99.99%
Servicios Multivending Ltda
List of subsidiaries
Direct holding control percentage	99.90%	99.90%
Indirect holding control percentage	0.09%	0.09%
Holding control percentage	99.99%	99.99%
Transportes Andina Refrescos Ltda.
List of subsidiaries
Direct holding control percentage	99.90%	99.90%
Indirect holding control percentage	0.09%	0.09%
Holding control percentage	99.99%	99.99%
Transportes Polar S.A
List of subsidiaries
Direct holding control percentage	99.99%	99.99%
Holding control percentage	99.99%	99.99%
Vital Aguas S.A.
List of subsidiaries
Direct holding control percentage	66.50%	66.50%
Holding control percentage	66.50%	66.50%
Vital Jugos S.A
List of subsidiaries
Direct holding control percentage	15.00%	15.00%
Indirect holding control percentage	50.00%	50.00%
Holding control percentage	65.00%	65.00%

BASIS OF PREPARATION OF CONSO_5

BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Functional currency and presentation currency (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018CLP ($)$ / $	Dec. 31, 2017CLP ($)$ / $	Dec. 31, 2018$ / ₲	Dec. 31, 2018$ / €	Dec. 31, 2018$ /	Dec. 31, 2018$ / R$	Dec. 31, 2018$ / $	Dec. 31, 2017$ / ₲	Dec. 31, 2017$ / €	Dec. 31, 2017$ /	Dec. 31, 2017$ / R$	Dec. 31, 2017$ / $	Dec. 31, 2016$ / $	Dec. 31, 2016$ / ₲	Dec. 31, 2016$ / €	Dec. 31, 2016$ /	Dec. 31, 2016$ / R$	Dec. 31, 2016$ / $
BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Minimum accumulated inflation rate for three year stands out	100.00%
Inflation rate (as a percent)	47.60%	24.80%
Adjustment in accumulated results upon adoption of IAS 29		$ 79,499,736
Income by readjustment units	$ 8,516,369
Net loss effect generated by inflation adjustment and translation at closing exchange rate	$ 15,743,592
Exchange rates and value of the UF at the close	694.77	614.75	0.1170	794.75	27,565.79	179.30	18.43	0.1100	739.15	26,798.14	185.84	32.96	669.47	0.1160	705.60	26,347.98	205.42	42.13

BASIS OF PREPARATION OF CONSO_6

BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Property, plant, and equipment and Income tax and Others (Details)	12 Months Ended
	Dec. 31, 2018
Ifrs Dividends Abstract
Minimum percentage of dividends over the period's earnings as required by Chilean Corporate Law	30.00%
Buildings | Minimum
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	30 years
Buildings | Maximum
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	50 years
Plant and equipment | Minimum
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	10 years
Plant and equipment | Maximum
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	20 years
Warehouse installations and accessories | Minimum
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	10 years
Warehouse installations and accessories | Maximum
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	30 years
Furniture and supplies | Minimum
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	4 years
Furniture and supplies | Maximum
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	5 years
Motor vehicles | Minimum
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	5 years
Motor vehicles | Maximum
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	7 years
Other Property, plant and equipment | Minimum
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	3 years
Other Property, plant and equipment | Maximum
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	8 years
Bottles and containers | Minimum
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	2 years
Bottles and containers | Maximum
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	8 years
Software
Disclosure of detailed information about property, plant and equipment [line items]
Estimated useful lives	4 years

BASIS OF PREPARATION OF CONSO_7

BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Fair value hierarchy (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018CLP ($)
BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Transfers into out of Level 1 assets and liabilities	$ 0
Transfers into out of level 2 assets and liabilities	0
Transfers into Level 3 of fair value hierarchy, assets	0
Transfers out of Level 3 of fair value hierarchy, assets	0
Transfers into Level 3 of fair value hierarchy, liabilities	0
Transfers out of Level 3 of fair value hierarchy, liabilities	$ 0

BASIS OF PREPARATION OF CONSO_8

BASIS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - New accounting standards impacts (Details) - IFRS 16	Jan. 01, 2019
Leases
Increase in assets (as a percent)	1.00%
Increase in liabilities (as a percent)	1.60%
Decrease in equity (as a percent)	0.60%

REPORTING BY SEGMENT (Details)

REPORTING BY SEGMENT (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018CLP ($)segment	Dec. 31, 2017CLP ($)	Dec. 31, 2016CLP ($)	Dec. 31, 2015CLP ($)
Operating segment
Number of operating segments | segment	4
Softdrinks	$ 1,165,696,032	$ 1,337,264,240	$ 1,311,574,509
Other beverages	501,485,439	504,272,487	458,615,749
Packaging	5,734,328	7,341,892	7,269,062
Net sales	1,672,915,799	1,848,878,619	1,777,459,320
Cost of sales	(968,027,774)	(1,069,024,964)	(1,033,910,027)
Distribution expenses	(165,775,484)	(192,927,875)	(183,676,895)
Administrative expenses	(313,742,853)	(348,199,321)	(346,202,795)
Finance income	3,940,244	11,194,375	9,661,692
Financial expenses	(55,014,660)	(55,220,369)	(51,374,971)
Interest expense, net*	(51,074,416)	(44,025,994)	(41,713,279)
Share of the entity in income of associates accounted for using the equity method, total	1,411,179	(80,360)	(262,582)
Income tax expense	(55,564,855)	(51,797,634)	(48,807,093)
Other income (loss)	(22,690,850)	(23,821,746)	(30,837,538)
Net income	97,450,746	119,000,725	92,049,111
Depreciation and amortization	99,594,446	99,163,891	97,334,452
Current assets	481,586,454	484,010,050	552,742,397
Non-current assets	1,732,918,235	1,630,849,417	1,646,367,350
Total Assets	2,214,504,689	2,114,859,467	2,199,109,747
Carrying amount in associates and joint ventures accounted for using the equity method, total	102,410,945	86,809,069	77,197,781	$ 54,190,546
Capital expenditures and other	138,632,048	210,504,402	145,804,060
Current liabilities	419,862,101	428,287,322	419,534,854
Non-current liabilities	930,927,845	873,338,796	937,404,866
Total liabilities	1,350,789,946	1,301,626,118	1,356,939,720
Cash flows provided by in Operating Activities	235,279,362	247,960,348	223,446,560
Cash flows (used in) provided by Investing Activities	(118,085,648)	(168,831,410)	(113,916,317)
Cash flows (used in) provided by Financing Activities	(114,635,278)	(78,345,770)	(98,224,525)
Net loss	15,743,592
Geography Eliminations [Member]
Operating segment
Softdrinks	(72,170)	(96,999)	(334,784)
Packaging	(1,609,457)	(1,860,876)	(1,843,406)
Net sales	(1,681,627)	(1,957,875)	(2,178,190)
Cost of sales	1,681,627	1,957,875	2,178,190
Finance income		(16,813,279)
Financial expenses		16,813,279
Chile operation | Operating segments
Operating segment
Softdrinks	390,782,296	391,629,010	391,479,133
Other beverages	180,156,806	160,244,448	148,948,285
Net sales	570,939,102	551,873,458	540,427,418
Cost of sales	(336,719,937)	(328,579,003)	(319,213,825)
Distribution expenses	(55,798,363)	(54,777,094)	(52,540,986)
Administrative expenses	(109,373,432)	(110,969,260)	(117,615,991)
Finance income	1,686,041	19,057,630	2,426,279
Financial expenses	(23,713,774)	(32,594,796)	(16,262,215)
Interest expense, net*	(22,027,733)	(13,537,166)	(13,835,936)
Share of the entity in income of associates accounted for using the equity method, total	298,359	246,084	717,947
Income tax expense	(22,000,539)	(16,871,257)	(19,763,700)
Other income (loss)	(11,540,167)	(11,312,509)	(13,481,333)
Net income	13,777,290	16,073,253	4,693,594
Depreciation and amortization	42,353,664	42,688,326	43,619,318
Current assets	228,108,768	223,245,173	251,357,854
Non-current assets	644,395,166	636,482,010	644,817,201
Total Assets	872,503,934	859,727,183	896,175,055
Carrying amount in associates and joint ventures accounted for using the equity method, total	50,136,065	33,789,538	23,854,602
Capital expenditures and other	67,709,231	64,480,973	47,755,389
Current liabilities	186,831,021	169,508,083	137,438,744
Non-current liabilities	477,319,648	463,997,113	509,625,208
Total liabilities	664,150,669	633,505,196	647,063,952
Cash flows provided by in Operating Activities	150,035,425	79,451,122	71,077,982
Cash flows (used in) provided by Investing Activities	(47,164,236)	(49,677,671)	(15,781,118)
Cash flows (used in) provided by Financing Activities	(98,560,576)	(91,800,089)	(23,591,062)
Argentina operation
Operating segment
Increase in assets	97,318,892
Increase in liabilities	16,093,780
Net loss	15,743,592
Argentina operation | Operating segments
Operating segment
Softdrinks	330,874,797	444,872,352	424,427,824
Other beverages	75,341,941	99,712,939	83,518,724
Packaging	7,343,785	9,202,768	9,112,468
Net sales	413,560,523	553,788,059	517,059,016
Cost of sales	(214,647,052)	(294,370,581)	(279,308,400)
Distribution expenses	(62,899,574)	(87,032,428)	(80,066,734)
Administrative expenses	(93,149,904)	(106,504,163)	(97,788,860)
Finance income	14,750	2,116,590	1,095,411
Financial expenses	(192,602)	(4,663,527)	(587,216)
Interest expense, net*	(177,852)	(2,546,937)	508,195
Share of the entity in income of associates accounted for using the equity method, total		(243)
Income tax expense	(18,874,454)	(17,683,875)	(17,427,278)
Other income (loss)	(2,639,386)	(10,441,173)	(8,284,072)
Net income	21,172,301	35,208,659	34,691,867
Depreciation and amortization	20,474,446	17,648,018	16,445,143
Current assets	80,908,212	97,529,488	115,280,140
Non-current assets	160,587,931	96,532,150	98,810,807
Total Assets	241,496,143	194,061,638	214,090,947
Capital expenditures and other	28,702,138	40,347,989	37,029,524
Current liabilities	83,013,418	105,886,744	134,624,014
Non-current liabilities	17,066,746	1,368,167
Non current liabilities allocated			(1,981,066)
Total liabilities	100,080,164	107,254,911	132,642,948
Cash flows provided by in Operating Activities	28,899,457	38,904,028	54,162,992
Cash flows (used in) provided by Investing Activities	(28,700,733)	(40,344,994)	(37,017,204)
Cash flows (used in) provided by Financing Activities	(10,644,812)	16,891,759	(17,777,191)
Brazil operation | Operating segments
Operating segment
Softdrinks	326,015,740	387,545,053	389,048,385
Other beverages	214,493,809	216,352,694	201,097,188
Net sales	540,509,549	603,897,747	590,145,573
Cost of sales	(329,529,112)	(362,686,353)	(359,156,149)
Distribution expenses	(38,835,833)	(43,483,958)	(44,107,337)
Administrative expenses	(88,809,386)	(109,095,660)	(109,345,331)
Finance income	2,019,489	6,575,528	5,800,712
Financial expenses	(31,108,284)	(34,767,713)	(34,504,760)
Interest expense, net*	(29,088,795)	(28,192,185)	(28,704,048)
Share of the entity in income of associates accounted for using the equity method, total	1,112,820	(326,201)	(980,529)
Income tax expense	(10,088,988)	(13,719,506)	(8,911,762)
Other income (loss)	(8,399,463)	(1,855,039)	(9,322,611)
Net income	36,870,792	44,538,845	29,617,806
Depreciation and amortization	26,830,835	27,879,514	25,666,094
Current assets	135,259,768	132,815,545	150,820,924
Non-current assets	679,183,347	663,556,969	659,123,444
Total Assets	814,443,115	796,372,514	809,944,368
Carrying amount in associates and joint ventures accounted for using the equity method, total	52,274,880	53,019,531	53,343,179
Capital expenditures and other	32,536,213	91,198,657	51,779,625
Current liabilities	128,146,943	135,595,156	130,279,607
Non-current liabilities	420,218,066	393,125,740	413,749,384
Total liabilities	548,365,009	528,720,896	544,028,991
Cash flows provided by in Operating Activities	44,949,860	98,783,329	67,963,682
Cash flows (used in) provided by Investing Activities	(32,536,213)	(64,331,960)	(51,873,047)
Cash flows (used in) provided by Financing Activities	(5,099,823)	(3,437,440)	(36,806,173)
Paraguay operation | Operating segments
Operating segment
Softdrinks	118,095,369	113,314,824	106,953,951
Other beverages	31,492,883	27,962,406	25,051,552
Net sales	149,588,252	141,277,230	132,005,503
Cost of sales	(88,813,300)	(85,346,902)	(78,409,843)
Distribution expenses	(8,241,714)	(7,634,395)	(6,961,838)
Administrative expenses	(22,410,131)	(21,630,238)	(21,452,613)
Finance income	219,964	257,906	339,290
Financial expenses		(7,612)	(20,780)
Interest expense, net*	219,964	250,294	318,510
Income tax expense	(4,600,874)	(3,522,996)	(2,704,353)
Other income (loss)	(111,834)	(213,025)	250,478
Net income	25,630,363	23,179,968	23,045,844
Depreciation and amortization	9,935,501	10,948,033	11,603,897
Current assets	37,309,706	30,419,844	35,283,479
Non-current assets	248,751,791	234,278,288	243,615,898
Total Assets	286,061,497	264,698,132	278,899,377
Capital expenditures and other	9,684,466	14,476,783	9,239,522
Current liabilities	21,870,719	17,297,339	17,192,489
Non-current liabilities	16,323,385	14,847,776	16,011,340
Total liabilities	38,194,104	32,145,115	33,203,829
Cash flows provided by in Operating Activities	11,394,620	30,821,869	30,241,904
Cash flows (used in) provided by Investing Activities	(9,684,466)	$ (14,476,785)	(9,244,948)
Cash flows (used in) provided by Financing Activities	$ (330,067)		$ (20,050,099)

CASH AND CASH EQUIVALENTS (Deta

CASH AND CASH EQUIVALENTS (Details) - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Cash and cash equivalents
Cash	$ 2,907,276	$ 139,835
Bank balances	46,425,927	29,234,531
Time deposit	1,500,315	10,616,688
Mutual funds	86,705,095	96,251,062
Total cash and cash equivalents	137,538,613	136,242,116	$ 141,263,880	$ 129,160,939
Dollar
Cash and cash equivalents
Total cash and cash equivalents	5,917,041	6,973,298
Euros
Cash and cash equivalents
Total cash and cash equivalents	51,401	17,245
Argentine Pesos
Cash and cash equivalents
Total cash and cash equivalents	6,726,906	19,681,449
Chilean pesos
Cash and cash equivalents
Total cash and cash equivalents	86,121,695	80,985,719
Paraguayan Guaran
Cash and cash equivalents
Total cash and cash equivalents	10,680,600	6,804,997
Brazilian Real
Cash and cash equivalents
Total cash and cash equivalents	$ 28,040,970	$ 21,779,408

CASH AND CASH EQUIVALENTS - Tim

CASH AND CASH EQUIVALENTS - Time deposits (Details) - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Cash and cash equivalent [Line items]
Time Deposit	$ 1,500,315	$ 10,616,688
Banco Santander 2.52 percent 12-29-2017 | Chilean pesos
Cash and cash equivalent [Line items]
Principal	$ 7,500,000
Annual rate	2.52%
Time Deposit		7,516,275
Banco Santander 2.40 Percent 2,700,000 Principal Amount 12-29-2017 | Chilean pesos
Cash and cash equivalent [Line items]
Principal	$ 2,700,000
Annual rate	2.40%
Time Deposit		2,700,360
Banco Santander 2.40 Percent 400,000 Principal Amount 12-29-2017 | Chilean pesos
Cash and cash equivalent [Line items]
Principal	$ 400,000
Annual rate	2.40%
Time Deposit		$ 400,053
Banco Santander 2.52 Percent 700,000 Principal Amount 12-28-2018 | Chilean pesos
Cash and cash equivalent [Line items]
Principal	$ 700,000
Annual rate	2.52%
Time Deposit	$ 700,147
Banco Santander 2.52 Percent 800,000 Principal Amount 12-28-2018 | Chilean pesos
Cash and cash equivalent [Line items]
Principal	$ 800,000
Annual rate	2.52%
Time Deposit	$ 800,168

CASH AND CASH EQUIVALENTS - Mon

CASH AND CASH EQUIVALENTS - Money Market (Details) - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Cash and cash equivalents
Total mutual fund	$ 86,705,095	$ 96,251,062
Wester Asset Institutional Cash Reserves - USA
Cash and cash equivalents
Total mutual fund	15,214,062	3,740,526
Fondo mutuo Banco Chile BTG
Cash and cash equivalents
Total mutual fund	13,090,507	5,823,608
Fondo mutuo Larrain Vial - Chile
Cash and cash equivalents
Total mutual fund	13,082,767	6,349,486
Fondo mutuo Ita - Brasil
Cash and cash equivalents
Total mutual fund	8,579,254	4,922,923
Fondo mutuo Banco Security - Chile
Cash and cash equivalents
Total mutual fund	7,667,585	14,242,343
Fondo mutuo Scotiabank - Chile
Cash and cash equivalents
Total mutual fund	7,528,086	5,878,523
Fondo mutuo Santander - Brazil
Cash and cash equivalents
Total mutual fund	7,177,468	4,748,368
Fondo mutuo Votorantim
Cash and cash equivalents
Total mutual fund	5,630,641
Fondo mutuo BCI - Chile
Cash and cash equivalents
Total mutual fund	4,804,238
Fondo Fima Premium B - Argentina
Cash and cash equivalents
Total mutual fund	2,952,316	1,495,556
Fondo mutuo Banco Estado - Chile
Cash and cash equivalents
Total mutual fund		9,002,000
Fondo mutuo Bradesco - Brazil
Cash and cash equivalents
Total mutual fund	$ 978,171	5,046,882
Fondo Fima Ahorro Plus C - Argentina
Cash and cash equivalents
Total mutual fund		8,275,073
Fondo Fima Ahorro Pesos C - Argentina
Cash and cash equivalents
Total mutual fund		8,308,664
Fondo mutuo Corporativo Banchile - Chile
Cash and cash equivalents
Total mutual fund		17,645,940
Citi Institutional Liquid Reserves Limited (CGAM)
Cash and cash equivalents
Total mutual fund		$ 771,170

OTHER CURRENT AND NON-CURRENT_8

OTHER CURRENT AND NON-CURRENT FINANCIAL ASSETS (Details) - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
OTHER CURRENT AND NON-CURRENT FINANCIAL ASSETS
Maturity term	90 days
Time deposit	$ 14,040	$ 13,669,142
Rights in Forward Contracts - Forwards (see details in Note 20)	669,527	469,019
Other current financial assets	683,567	14,138,161
Vatorantim, 03-15-2018
OTHER CURRENT AND NON-CURRENT FINANCIAL ASSETS
Principal	$ 12,729
Annual rate	8.82%
Time deposit	$ 14,040
Unidad de fomento
OTHER CURRENT AND NON-CURRENT FINANCIAL ASSETS
Other current financial assets		13,647,997
Unidad de fomento | Banco Santander-Chile 08-09-2017
OTHER CURRENT AND NON-CURRENT FINANCIAL ASSETS
Principal	$ 7,000,000
Annual rate	1.04%
Time deposit		7,082,167
Unidad de fomento | BCI, 09-25-2017
OTHER CURRENT AND NON-CURRENT FINANCIAL ASSETS
Principal	$ 1,500,000
Annual rate	1.36%
Time deposit		1,516,454
Unidad de fomento | Banco Santander-Chile, 09-25-2017
OTHER CURRENT AND NON-CURRENT FINANCIAL ASSETS
Principal	$ 5,000,000
Annual rate	0.94%
Time deposit		5,049,376
Brazilian Real
OTHER CURRENT AND NON-CURRENT FINANCIAL ASSETS
Other current financial assets	$ 14,040	366,595
Brazilian Real | Vatorantim, 06-13-2017
OTHER CURRENT AND NON-CURRENT FINANCIAL ASSETS
Principal	$ 20,013
Annual rate	8.82%
Time deposit		$ 21,145

OTHER CURRENT AND NON-CURRENT_9

OTHER CURRENT AND NON-CURRENT FINANCIAL ASSETS- Non current (Details) $ in Thousands, $ in Millions	Mar. 28, 2017CLP ($)	Mar. 28, 2017USD ($)	Dec. 31, 2018CLP ($)	Dec. 31, 2017CLP ($)
OTHER CURRENT AND NON-CURRENT FINANCIAL ASSETS
Rights in forward contracts (see note 20)			$ 87,446,662	$ 61,898,833
Rights in Ades(1) manufacturing companies			13,475,279	14,153,111
Increase (decrease) in foreign currency exchange (2)			(3,559,646)	(1,792,859)
Total other non-current financial assets			97,362,295	74,259,085
Implied disbursement		$ 39
Rights allocation			$ 3,718,038	14,831,164
Alimentos de Soya S.A
OTHER CURRENT AND NON-CURRENT FINANCIAL ASSETS
Percentage of interest acquired	13.00%	13.00%
Purchase of equity interest	$ 9,661,283
UBI 3 Participacoes Ltda
OTHER CURRENT AND NON-CURRENT FINANCIAL ASSETS
Percentage of interest acquired	8.50%	8.50%
Purchase of equity interest	$ 4,491,828
Distribution rights
OTHER CURRENT AND NON-CURRENT FINANCIAL ASSETS
Rights allocation	11,923,449			$ 11,923,449
Ifrs Purchased Rights In Manufacturing Company [Member]
OTHER CURRENT AND NON-CURRENT FINANCIAL ASSETS
Rights allocation	$ 14,153,111

OTHER CURRENT AND NON-CURREN_10

OTHER CURRENT AND NON-CURRENT NON-FINANCIAL ASSETS - Other current, non-financial assets (Details) - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
CURRENT AND NON-CURRENT NON-FINANCIAL ASSETS
Prepaid expenses	$ 4,967,255	$ 4,839,465
Tax credit remainder	18,022	169,120
Other current assets	960,633	596,668
Total	5,948,923	5,611,861
Argentina
CURRENT AND NON-CURRENT NON-FINANCIAL ASSETS
Guarantee deposit (Argentine)	$ 3,013	$ 6,608

OTHER CURRENT AND NON-CURREN_11

OTHER CURRENT AND NON-CURRENT NON-FINANCIAL ASSETS - Other non-current, non-financial assets (Details) - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
OTHER CURRENT AND NON-CURRENT NON-FINANCIAL ASSETS
Advance payment to suppliers of property, plant & equipment (1)		$ 24,269,901
Judicial deposits (see note 21.2)	$ 18,590,597	18,393,546
Prepaid expenses	810,662	1,113,154
Fiscal credits	13,222,720	2,287,051
Others	2,353,285	1,330,693
Total	$ 34,977,264	$ 47,394,345

TRADE AND OTHER RECEIVABLES (De

TRADE AND OTHER RECEIVABLES (Details) - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Current commercial debtors
Trade debtors	$ 147,728,216	$ 154,405,224
Allowance for expected credit losses - trade debtors	(3,205,749)	(3,521,734)
Other current debtors	16,722,240	28,189,937
Allowance for expected credit losses - Other current debtors	(2,830,299)	(2,825,453)
Current commercial debtors	164,450,456	182,595,161
Allowance for expected credit losses - Current commercial debtors	(6,036,048)	(6,347,187)
Prepayments suppliers	8,672,820	8,057,544
Other current accounts receivable	990,047	631,975
Allowance for expected credit losses - Other current accounts receivable	(262,160)	(146,926)
Commercial debtors and other current accounts receivable	174,113,323	191,284,680
Allowance for expected credit losses - Commercial debtors and other current accounts receivable	(6,298,208)	(6,494,113)
Non-current accounts receivable
Trade debtors	66,510	58,336
Other non-current debtors	1,204,187	2,335,322
Other non-current accounts receivable		2,193
Non-current accounts receivable	1,270,697	2,395,851
Trade and other receivables	175,384,020	193,680,531
Allowance for expected credit losses - Trade and other receivables	(6,298,208)	(6,494,113)
Assets before provisions.
Current commercial debtors
Trade debtors	150,933,965	157,926,958
Other current debtors	19,552,539	31,015,390
Current commercial debtors	170,486,504	188,942,348
Prepayments suppliers	8,672,820	8,057,544
Other current accounts receivable	1,252,207	778,901
Commercial debtors and other current accounts receivable	180,411,531	197,778,793
Non-current accounts receivable
Trade debtors	66,510	58,336
Other non-current debtors	1,204,187	2,335,322
Other non-current accounts receivable		2,193
Non-current accounts receivable	1,270,697	2,395,851
Trade and other receivables	$ 181,682,228	$ 200,174,644

TRADE AND OTHER RECEIVABLES - A

TRADE AND OTHER RECEIVABLES - Aging of Debtor Portfolio (Details) - Assets before provisions. - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
TRADE AND OTHER RECEIVABLES
Total Trade Receivables	$ 151,000,475	$ 157,985,294
Up to date non-securitized portfolio until 30 days
TRADE AND OTHER RECEIVABLES
Total Trade Receivables	144,172,500	151,275,377
31 and 60 days
TRADE AND OTHER RECEIVABLES
Total Trade Receivables	1,815,954	908,980
61 and 90 days
TRADE AND OTHER RECEIVABLES
Total Trade Receivables	250,560	1,050,476
91 and 120 days
TRADE AND OTHER RECEIVABLES
Total Trade Receivables	148,622	331,740
121 and 150 days
TRADE AND OTHER RECEIVABLES
Total Trade Receivables	310,986	709,400
151 and 180 days
TRADE AND OTHER RECEIVABLES
Total Trade Receivables	141,434	62,834
181 and 210 days
TRADE AND OTHER RECEIVABLES
Total Trade Receivables	674,676	82,863
211 and 250 days
TRADE AND OTHER RECEIVABLES
Total Trade Receivables	176,333	538,081
More than 250 days
TRADE AND OTHER RECEIVABLES
Total Trade Receivables	$ 3,309,410	$ 3,025,543

TRADE AND OTHER RECEIVABLES -_2

TRADE AND OTHER RECEIVABLES - Additional Information (Details)	12 Months Ended
	Dec. 31, 2018client
TRADE AND OTHER RECEIVABLES
Number of clients having balances in different sections of stratification	268,000
Chile
TRADE AND OTHER RECEIVABLES
Number of clients having balances in different sections of stratification	67,000
Brazil
TRADE AND OTHER RECEIVABLES
Number of clients having balances in different sections of stratification	86,000
Argentina
TRADE AND OTHER RECEIVABLES
Number of clients having balances in different sections of stratification	55,000
Paraguay
TRADE AND OTHER RECEIVABLES
Number of clients having balances in different sections of stratification	57,000

TRADE AND OTHER RECEIVABLES - T

TRADE AND OTHER RECEIVABLES - Table showing total trade receivables (Details) - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
TRADE AND OTHER RECEIVABLES
Current commercial debtors	$ 147,728,216	$ 154,405,224
Non-current commercial debtors	66,510	58,336
Assets before provisions.
TRADE AND OTHER RECEIVABLES
Current commercial debtors	150,933,965	157,926,958
Non-current commercial debtors	66,510	58,336
Total	$ 151,000,475	$ 157,985,294

TRADE AND OTHER RECEIVABLES - R

TRADE AND OTHER RECEIVABLES - Roll forward for allowance on doubtful accounts (Details) - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Movement in allowance for doubtful accounts
Opening balance	$ 6,494,113	$ 6,697,156
Bad debt expense	1,629,761	2,004,958
Provision application	(1,257,591)	(1,708,602)
Change due to foreign exchange differences	(568,075)	(499,399)
Movement	(195,905)	(203,043)
Ending balance	$ 6,298,208	$ 6,494,113

INVENTORIES (Details)

INVENTORIES (Details) - CLP ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
INVENTORIES
Total	$ 151,319,709,000	$ 131,363,000,000
Cost of inventory recognized as cost of sales	968,027,774,000	1,069,024,964,000	$ 1,033,910,027,000
Percentage raw materials composed of concentrate and sweeteners as well as caps and other supplies		80	$ 80
Gross carrying amount
INVENTORIES
Raw materials	86,102,495,000	78,216,172,000
Finished goods	37,213,848,000	32,097,377,000
Spare parts and supplies	28,777,180,000	19,774,056,000
Work in progress	780,324,000	676,609,000
Other inventories	1,049,165,000	4,134,237,000
Obsolescence provision
INVENTORIES
Inventory	$ (2,603,303,000)	$ (3,535,451,000)

CURRENT AND DEFERRED INCOME T_3

CURRENT AND DEFERRED INCOME TAXES - Current tax assets and Current tax liabilities (Details) - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
CURRENT AND DEFERRED INCOME TAXES
Applicable tax rate	27.00%	25.50%	24.00%	22.50%	21.00%
Tax credits	$ 2,532,056
Total	2,532,056
Income tax expense	9,338,612	$ 3,184,965
Total	$ 9,338,612	$ 3,184,965

CURRENT AND DEFERRED INCOME T_4

CURRENT AND DEFERRED INCOME TAXES - Income tax expense (Details) - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
CURRENT AND DEFERRED INCOME TAXES
Current income tax expense	$ 38,313,980	$ 40,183,261	$ 35,902,002
Current tax adjustment previous period	312,403	137,455	534,392
Withholding tax expense foreign subsidiaries	7,364,213	6,730,031	7,645,218
Other current tax expense (income)	474,105	(5,733)	92,008
Current income tax expense	46,464,701	47,045,014	44,173,620
Income (expense) for the creation and reversal of current tax difference	9,100,154	4,752,620	4,633,473
Expense (income) for deferred taxes	9,100,154	4,752,620	4,633,473
Total income tax expense	$ 55,564,855	$ 51,797,634	$ 48,807,093

CURRENT AND DEFERRED INCOME T_5

CURRENT AND DEFERRED INCOME TAXES - Deferred income taxes (Details) - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Deferred income taxes
Deferred tax assets	$ 82,735,898	$ 92,478,190
Deferred tax liabilities	227,981,846	214,469,775
Total liabilities net		3,212,981
Total liabilities net	145,245,948	125,204,566
Property, plant and equipment
Deferred income taxes
Deferred tax assets	5,420,447	5,978,377
Deferred tax liabilities	46,181,359	47,179,903
Obsolescence provision
Deferred income taxes
Deferred tax assets	910,076	2,215,341
Deferred tax liabilities	112,359	200,979
Employee benefits
Deferred income taxes
Deferred tax assets	5,169,161	5,391,796
Deferred tax liabilities	131,829
Post-employment benefits
Deferred income taxes
Deferred tax assets	90,941	61,155
Deferred tax liabilities	1,014,354	1,020,522
Tax loss carried-forwards
Deferred income taxes
Deferred tax assets	9,137,392	10,056,534
Tax Goodwill Brazil
Deferred income taxes
Deferred tax assets	18,836,838	23,195,957
Contingency provision
Deferred income taxes
Deferred tax assets	26,796,262	31,177,351
Foreign exchange differences
Deferred income taxes
Deferred tax assets	13,083,953	7,631,498
Allowance for doubtful accounts
Deferred income taxes
Deferred tax assets	1,262,977	1,155,542
Coca-Cola incentives (Argentina)
Deferred income taxes
Deferred tax assets	352,061	451,790
Assets and liabilities for placement of bonds
Deferred income taxes
Deferred tax liabilities	1,327,727	1,297,000
Lease liabilities
Deferred income taxes
Deferred tax assets	1,328,320	1,083,010
Inventories
Deferred income taxes
Deferred tax assets	347,470	350,746
Distribution rights
Deferred income taxes
Deferred tax liabilities	173,273,994	163,850,599
Others
Deferred income taxes
Deferred tax assets		3,729,093
Deferred tax liabilities	$ 5,940,224	$ 920,772

CURRENT AND DEFERRED INCOME T_6

CURRENT AND DEFERRED INCOME TAXES - Deferred tax liability movement (Details) - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Deferred tax liability movement
Opening Balance	$ 121,991,585	$ 125,608,802	$ 130,201,701
Increase (decrease) in deferred tax	11,303,016	(3,417,011)	(6,409,481)
Increase (decrease) due to foreign currency translation	11,951,347	(200,206)	1,816,582
Movements	23,254,363	(3,617,217)	(4,592,899)
Ending balance	$ 145,245,948	$ 121,991,585	$ 125,608,802

CURRENT AND DEFERRED INCOME T_7

CURRENT AND DEFERRED INCOME TAXES - Distribution of domestic and foreign tax expense (Details) - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Distribution of domestic and foreign tax expense
Current income tax expense	$ (46,464,701)	$ (47,045,014)	$ (44,173,620)
Deferred income tax expense	(9,100,154)	(4,752,620)	(4,633,473)
Income tax expense	(55,564,855)	(51,797,634)	(48,807,093)
Domestic
Distribution of domestic and foreign tax expense
Current income tax expense	(22,021,717)	(16,786,619)	(19,421,514)
Deferred income tax expense	21,178	(84,638)	(342,186)
Foreign
Distribution of domestic and foreign tax expense
Current income tax expense	(24,442,984)	(30,258,395)	(24,752,106)
Deferred income tax expense	$ (9,121,332)	$ (4,667,982)	$ (4,291,287)

CURRENT AND DEFERRED INCOME T_8

CURRENT AND DEFERRED INCOME TAXES - Reconciliation of effective rate (Details) - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Reconciliation of effective rate
Net income before taxes	$ 153,606,681	$ 170,798,359	$ 140,856,204
Tax expense at legal rate	27.00%	25.50%	24.00%	22.50%	21.00%
Tax expense at applicable tax rate	$ (41,544,270)	$ (43,553,581)	$ (33,805,489)
Effect of a different tax rate in other jurisdictions	967,671	(4,971,103)	(9,214,270)
Non-taxable revenues	12,752,599	9,645,068	6,068,410
Non-deductible expenses	(11,141,237)	(4,020,729)	(419,761)
Tax effect on excess tax provision prior periods	(295,632)	125,021	86,731
Effect of tax restatement Chilean companies	2,566,163	(1,465,753)	(1,875,343)
Foreign subsidiaries tax withholding expense and other legal tax debits and credits	(18,870,149)	(7,556,557)	(9,647,371)
Adjustments to tax expense	(14,988,256)	(3,272,950)	(5,787,334)
Tax expense at effective rate	$ (55,564,855)	$ (51,797,634)	$ (48,807,093)
Effective rate	36.20%	30.60%	34.70%

CURRENT AND DEFERRED INCOME T_9

CURRENT AND DEFERRED INCOME TAXES - Income tax rates applicable in each jurisdiction where the Company operates (Details)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income tax rates
Applicable rate	27.00%	25.50%	24.00%	22.50%	21.00%
Chile
Income tax rates
Applicable rate	27.00%	25.50%	24.00%
Brazil
Income tax rates
Applicable rate	34.00%	34.00%	34.00%
Argentina
Income tax rates
Applicable rate	30.00%	35.00%	35.00%
Paraguay
Income tax rates
Applicable rate	10.00%	10.00%	10.00%

PROPERTY, PLANT AND EQUIPMENT -

PROPERTY, PLANT AND EQUIPMENT - Balances (Details) - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	$ 710,770,968	$ 659,750,499	$ 666,150,885	$ 640,529,872
Construction in progress
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	26,048,670	84,118,716	49,986,111	34,625,004
Land
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	100,479,196	96,990,155	91,961,876	86,898,529
Buildings
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	214,160,351	162,385,848	173,073,161	159,474,930
Plant and equipment
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	207,403,985	155,833,080	190,402,625	203,379,934
Information technology
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	5,184,721	4,627,325	6,122,912	4,320,656
Fixed facilities and accessories
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	21,057,169	19,589,877	20,466,113	22,306,759
Vehicles
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	21,798,601	29,263,265	23,896,425	18,106,705
Leasehold improvements
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	32,177	7,415	190,523	274,945
Other Property, plant and equipment
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	114,606,098	106,934,818	$ 110,051,139	$ 111,142,410
Bottles
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	51,522,834	51,876,569
Marketing and promotional assets
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	45,739,948	42,798,282
Furniture and other minor assets included in other property, plant and equipment
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	17,343,316	12,259,967
Gross carrying amount
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	1,680,023,825	1,337,303,175
Gross carrying amount | Construction in progress
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	26,048,670	84,118,716
Gross carrying amount | Land
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	100,479,196	96,990,155
Gross carrying amount | Buildings
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	371,279,937	222,101,850
Gross carrying amount | Plant and equipment
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	623,568,795	431,876,945
Gross carrying amount | Information technology
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	22,752,205	20,697,750
Gross carrying amount | Fixed facilities and accessories
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	43,717,907	32,990,387
Gross carrying amount | Vehicles
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	53,682,179	52,587,886
Gross carrying amount | Leasehold improvements
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	144,914	115,768
Gross carrying amount | Other Property, plant and equipment
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	438,350,022	395,823,718
Cumulative depreciation and impairment
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	(969,252,857)	(677,552,676)
Cumulative depreciation and impairment | Buildings
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	(157,119,586)	(59,716,002)
Cumulative depreciation and impairment | Plant and equipment
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	(416,164,810)	(276,043,865)
Cumulative depreciation and impairment | Information technology
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	(17,567,484)	(16,070,425)
Cumulative depreciation and impairment | Fixed facilities and accessories
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	(22,660,738)	(13,400,510)
Cumulative depreciation and impairment | Vehicles
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	(31,883,578)	(23,324,621)
Cumulative depreciation and impairment | Leasehold improvements
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	(112,737)	(108,353)
Cumulative depreciation and impairment | Other Property, plant and equipment
PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment	$ (323,743,924)	$ (288,888,900)

PROPERTY, PLANT AND EQUIPMENT_2

PROPERTY, PLANT AND EQUIPMENT - Movements (Details) - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
PROPERTY, PLANT AND EQUIPMENT
Opening balance	$ 659,750,499	$ 666,150,885	$ 640,529,872
Additions	128,908,309	147,938,328	124,796,283
Disposals	(3,008,397)	(3,031,175)	(664,376)
Depreciation	(97,622,629)	(97,320,958)	(94,127,143)
Increase (decrease) due to foreign currency translation differences	(66,171,006)	(45,170,497)	(274,179)
Other increase (decrease)	88,914,192	(8,816,084)	(4,109,572)
Total movements	51,020,469	(6,400,386)	25,621,013
Ending balance	710,770,968	659,750,499	666,150,885
Construction in progress
PROPERTY, PLANT AND EQUIPMENT
Opening balance	84,118,716	49,986,111	34,625,004
Additions	65,284,334	89,392,003	70,421,863
Transfers between items of Property, plant and equipment	(109,893,610)	(41,957,409)	(53,824,861)
Increase (decrease) due to foreign currency translation differences	(6,880,059)	(13,319,346)	(1,235,895)
Other increase (decrease)	(6,580,711)	17,357
Total movements	(58,070,046)	34,132,605	15,361,107
Ending balance	26,048,670	84,118,716	49,986,111
Land
PROPERTY, PLANT AND EQUIPMENT
Opening balance	96,990,155	91,961,876	86,898,529
Additions		4,955,929	1,248,433
Disposals	(5,465)
Transfers between items of Property, plant and equipment			1,643,038
Increase (decrease) due to foreign currency translation differences	(4,615,830)	72,350	2,171,876
Other increase (decrease)	8,110,336
Total movements	3,489,041	5,028,279	5,063,347
Ending balance	100,479,196	96,990,155	91,961,876
Buildings
PROPERTY, PLANT AND EQUIPMENT
Opening balance	162,385,848	173,073,161	159,474,930
Additions	504,675	1,674,734	1,201,903
Disposals	(209,713)	(300,079)	(4,598)
Transfers between items of Property, plant and equipment	45,032,440	3,450,060	15,471,645
Depreciation	(7,001,828)	(5,880,770)	(5,335,475)
Increase (decrease) due to foreign currency translation differences	(14,485,709)	(9,538,737)	2,792,916
Other increase (decrease)	27,934,638	(92,521)	(528,160)
Total movements	51,774,503	(10,687,313)	13,598,231
Ending balance	214,160,351	162,385,848	173,073,161
Plant and equipment
PROPERTY, PLANT AND EQUIPMENT
Opening balance	155,833,080	190,402,625	203,379,934
Additions	17,924,606	4,992,508	9,833,490
Disposals	(1,002,133)	(700,973)	(601,444)
Transfers between items of Property, plant and equipment	54,460,571	24,250,647	16,202,982
Depreciation	(39,182,401)	(36,026,939)	(35,568,436)
Increase (decrease) due to foreign currency translation differences	(17,048,903)	(20,492,851)	(1,266,728)
Other increase (decrease)	36,419,165	(6,591,937)	(1,577,173)
Total movements	51,570,905	(34,569,545)	(12,977,309)
Ending balance	207,403,985	155,833,080	190,402,625
Information technology
PROPERTY, PLANT AND EQUIPMENT
Opening balance	4,627,325	6,122,912	4,320,656
Additions	783,299	945,827	2,666,593
Disposals		(1,062,530)
Transfers between items of Property, plant and equipment	622,222	1,133,684	1,062,653
Depreciation	(1,830,295)	(2,190,107)	(1,910,731)
Increase (decrease) due to foreign currency translation differences	(414,850)	(320,634)	29,148
Other increase (decrease)	1,397,020	(1,827)	(45,407)
Total movements	557,396	(1,495,587)	1,802,256
Ending balance	5,184,721	4,627,325	6,122,912
Fixed facilities and accessories
PROPERTY, PLANT AND EQUIPMENT
Opening balance	19,589,877	20,466,113	22,306,759
Additions	165,226		161,395
Disposals		(4,161)
Transfers between items of Property, plant and equipment	1,481,081	2,548,441	1,709,635
Depreciation	(2,668,535)	(2,112,681)	(2,456,511)
Increase (decrease) due to foreign currency translation differences	(4,048,135)	(1,307,835)	(1,254,915)
Other increase (decrease)	6,537,655		(250)
Total movements	1,467,292	(876,236)	(1,840,646)
Ending balance	21,057,169	19,589,877	20,466,113
Vehicles
PROPERTY, PLANT AND EQUIPMENT
Opening balance	29,263,265	23,896,425	18,106,705
Additions	1,451,462	1,512,162	338,986
Disposals	(203,036)	(173,190)	(3,473)
Transfers between items of Property, plant and equipment	(2,218,354)	2,253,061	9,015,390
Depreciation	(5,201,263)	(5,303,332)	(4,622,348)
Increase (decrease) due to foreign currency translation differences	(1,722,767)	7,441,057	1,783,041
Other increase (decrease)	429,294	(362,918)	(721,876)
Total movements	(7,464,664)	5,366,840	5,789,720
Ending balance	21,798,601	29,263,265	23,896,425
Leasehold improvements
PROPERTY, PLANT AND EQUIPMENT
Opening balance	7,415	190,523	274,945
Additions	1,430	13,529
Transfers between items of Property, plant and equipment	22,000
Depreciation	(11,112)	(61,033)	(112,805)
Increase (decrease) due to foreign currency translation differences	169	(34,272)	28,383
Other increase (decrease)	12,275	(101,332)
Total movements	24,762	(183,108)	(84,422)
Ending balance	32,177	7,415	190,523
Other Property, plant and equipment
PROPERTY, PLANT AND EQUIPMENT
Opening balance	106,934,818	110,051,139	111,142,410
Additions	42,793,277	44,451,636	38,923,620
Disposals	(1,588,050)	(790,242)	(54,861)
Transfers between items of Property, plant and equipment	10,493,650	8,321,516	8,719,518
Depreciation	(41,727,195)	(45,746,096)	(44,120,837)
Increase (decrease) due to foreign currency translation differences	(16,954,922)	(7,670,229)	(3,322,005)
Other increase (decrease)	14,654,520	(1,682,906)	(1,236,706)
Total movements	7,671,280	(3,116,321)	(1,091,271)
Ending balance	$ 114,606,098	$ 106,934,818	$ 110,051,139

RELATED PARTY (Details)

RELATED PARTY (Details) - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Related parties
Current receivables due from related parties	$ 9,450,263	$ 5,370,232
Non-current receivables due from related parties	74,340	156,492
Accounts payable to related companies, current	45,827,859	33,961,437
Embonor S.A. | Shareholder
Related parties
Current receivables due from related parties	4,344,082	4,220,936
Accounts payable to related companies, current	92,325
Embonor S.A. | Shareholder | Sale of Finished Products
Transactions
Sale of goods	41,933,095	42,561,124
Embonor S.A. | Associate | Sale of packaging material
Transactions
Sale of goods			$ 44,310,169
Coca-Cola de Chile S.A. | Shareholder
Related parties
Current receivables due from related parties	2,175,934
Non-current receivables due from related parties	74,340	156,492
Accounts payable to related companies, current	21,286,933	12,458,055
Coca-Cola de Chile S.A. | Shareholder | Purchase of concentrates
Transactions
Purchase of goods	149,933,143	140,609,445	129,660,611
Coca-Cola de Chile S.A. | Shareholder | Purchase of advertising services
Transactions
Purchase of services	3,508,010	1,823,190	7,154,023
Coca-Cola de Chile S.A. | Shareholder | Lease of water fountain
Transactions
Leases as lessee		2,989,115	3,740,351
Coca-Cola de Chile S.A. | Shareholder | Sale of raw materials and other
Transactions
Sale of goods	1,156,744	2,163,225	2,299,634
Coca-Cola de Argentina | Related to director
Related parties
Current receivables due from related parties	1,684,357
UBI 3 (Ades) | Shareholder
Related parties
Current receivables due from related parties	455,823
Alimentos de Soja S.A.U. | Shareholder
Related parties
Current receivables due from related parties	371,712
Accounts payable to related companies, current		71,276
Alimentos de Soja S.A.U. | Shareholder | Payment of fees and services
Transactions
Purchase of services	1,623,794	538,546
Embotelladora Iquique S.A. | Shareholder
Related parties
Current receivables due from related parties	228,387	303,866
Embotelladora Iquique S.A. | Shareholder | Sale of Finished Products
Transactions
Sale of goods	2,570,315	2,650,329	2,749,506
Envases CMF S.A. | Associate
Related parties
Current receivables due from related parties	161,460
Accounts payable to related companies, current	5,702,194	2,807,572
Envases CMF S.A. | Associate | Purchase of containers
Transactions
Purchase of goods	4,096,502
Envases CMF S.A. | Associate | Purchase of bottles
Transactions
Purchase of goods	14,319,777	20,865,624	34,144,348
Envases CMF S.A. | Associate | Purchase of raw materials
Transactions
Purchase of goods	18,914,788	12,617,540
Envases CMF S.A. | Associate | Purchase of caps
Transactions
Purchase of goods	107,859	477,188
Envases CMF S.A. | Associate | Purchase services and others
Transactions
Purchase of services	1,593,798	357,456
Envases CMF S.A. | Associate | Sale of services and others
Transactions
Sale of services		14,944
Envases CMF S.A. | Associate | Purchase of packaging
Transactions
Purchase of goods		2,960,894
Envases CMF S.A. | Associate | Sale of packaging and raw materials
Transactions
Sale of goods	3,981,631	2,942,690
Cervecera Austral S.A. | Related to director
Related parties
Current receivables due from related parties	26,557	16,674
Comercial Patagona Ltda. | Related to director
Related parties
Current receivables due from related parties	1,951
Servicio y Productos para Bebidas Refrescantes S.R.L. | Shareholder
Related parties
Current receivables due from related parties		181,414
Accounts payable to related companies, current	5,479,714
Servicio y Productos para Bebidas Refrescantes S.R.L. | Shareholder | Purchase of concentrates
Transactions
Purchase of goods	98,947,407	272,541,272	114,427,713
Servicio y Productos para Bebidas Refrescantes S.R.L. | Shareholder | Advertising participation payment
Transactions
Advertising participation payment	5,727,498	12,584,231	14,680,603
Coca-Cola del Valle New Ventures S.A. | Shareholder | Sale of services and others
Transactions
Sale of services	1,391,110	1,444,162
Coca-Cola del Valle New Ventures S.A. | Associate
Related parties
Current receivables due from related parties		647,342
Accounts payable to related companies, current	649,046
Coca-Cola del Valle New Ventures S.A. | Associate | Administrative and commercial services
Transactions
Purchase of services			180,000
Recofarma do Industrias Amazonas Ltda. | Shareholder
Related parties
Accounts payable to related companies, current	8,681,099	15,891,797
Recofarma do Industrias Amazonas Ltda. | Shareholder | Purchase of concentrates
Transactions
Purchase of goods	95,449,139	196,738,018	25,675,184
Recofarma do Industrias Amazonas Ltda. | Shareholder | Sale of Finished Products
Transactions
Sale of goods			115,706,386
Recofarma do Industrias Amazonas Ltda. | Shareholder | Refund and other purchases
Transactions
Purchase of goods	7,641,736	5,099,040
Leao Alimentos e Bebidas Ltda. | Associate
Related parties
Accounts payable to related companies, current	3,132,515	2,539,052
Leao Alimentos e Bebidas Ltda. | Associate | Advertising participation payment
Transactions
Advertising participation payment			11,658,142
Leao Alimentos e Bebidas Ltda. | Associate | Purchase of Products
Transactions
Purchase of goods	357,286	104,103
Monster | Shareholder
Related parties
Accounts payable to related companies, current	664,565
Envases del Pacfico S.A. | Shareholder | Purchase of concentrates
Transactions
Purchase of goods			1,751,011
Envases del Pacfico S.A. | Related to director
Related parties
Accounts payable to related companies, current	139,468	193,685
Envases del Pacfico S.A. | Related to director | Purchase of raw materials and materials
Transactions
Purchase of goods	1,007,382	1,676,013
Parque Arauco S.A. | Related to director | Rent of spaces
Transactions
Leases as lessee	91,685	90,032
Euroamerica Seguros de Vida S.A. | Related to director | Purchase of insurance policies
Transactions
Purchase of services		312,231
Coca-Cola Peru | Shareholder | Purchase of raw materials
Transactions
Purchase of goods			$ 4,188,812
Coca-Cola Peru | Shareholder | Purchase of concentrate and marketing recovery
Transactions
Purchase of goods		7,147,534
Sorocaba Refrescos S. A. | Associate | Purchase of Products
Transactions
Purchase of goods	698,090	574,881
KAIK Participacoes | Associate | Refund and other purchases
Transactions
Purchase of goods		6,614
KIAK Participaciones | Subsidiary | Purchase of concentrate and marketing recovery
Transactions
Purchase of goods	42,292
Latam Airlines Group S.A. | Related to director | Sale of products
Transactions
Sale of goods		652,588
Trop Frutas do Brasil Ltda. | Associate | Purchase of Products
Transactions
Purchase of goods	86,994	$ 317,565
Sinea S.A. | Ownership held by an officer's uncle | Purchase of raw materials and materials
Transactions
Purchase of goods	$ 581,508

RELATED PARTY - Key management

RELATED PARTY - Key management compensation (Details) - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
RELATED PARTY DISCLOSURES
Executive wages, salaries and benefits	$ 6,056,337	$ 6,454,846	$ 6,255,806
Director allowances	1,495,123	1,513,100	1,492,088
Accrued benefit in the past five years and paid during the fiscal year	242,907	334,477	314,288
Contract termination benefit	51,534		79,027
Total	$ 7,845,901	$ 8,302,423	$ 8,141,209

CURRENT AND NON-CURRENT EMPLO_3

CURRENT AND NON-CURRENT EMPLOYEE BENEFITS - Employee benefits (Details) - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Employee benefits
Current	$ 33,210,979	$ 35,955,643
Non-current	9,415,541	8,286,355
Total	42,626,520	44,241,998
Accrued vacations
Employee benefits
Total	19,536,809	20,769,275
Employee remuneration payable
Employee benefits
Total	13,674,170	15,186,368
Indemnities for years of service
Employee benefits
Total	$ 9,415,541	$ 8,286,355

CURRENT AND NON-CURRENT EMPLO_4

CURRENT AND NON-CURRENT EMPLOYEE BENEFITS - Indemnities for years of service (Details) - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Movements of post-employment benefits
Opening balance	$ 8,286,355	$ 8,157,745
Service costs	957,593	1,727,905
Interest costs	565,167	300,755
Net actuarial losses	271,045	(530,059)
Benefits paid	(664,619)	(1,369,991)
Total	$ 9,415,541	$ 8,286,355

CURRENT AND NON-CURRENT EMPLO_5

CURRENT AND NON-CURRENT EMPLOYEE BENEFITS - Assumptions (Details) - Y	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Assumptions
Discount rate	2.70%	2.70%
Expected salary increase rate	2.00%	2.00%
Turnover rate	5.40%	5.40%
Retirement age of women	60	60
Retirement age of men	65	65

CURRENT AND NON-CURRENT EMPLO_6

CURRENT AND NON-CURRENT EMPLOYEE BENEFITS - Personnel expenses (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018CLP ($)employee	Dec. 31, 2017CLP ($)employee	Dec. 31, 2016CLP ($)employee
Personnel expenses
Wages and salaries	$ 195,162,903	$ 215,715,214	$ 218,944,639
Employee benefits	50,254,164	50,127,117	50,174,153
Severance and post-employment benefits	5,535,410	7,410,936	8,252,502
Other personnel expenses	16,014,364	14,205,259	10,921,843
Total	$ 266,966,841	$ 287,458,526	$ 288,293,137
Number of Employees
Number of employees | employee	16,098	15,924	16,296
Number of average employees | employee	15,364	15,784	16,009

INVESTMENTS IN ASSOCIATES ACC_3

INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD- Balances (Details) - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD
Carrying amount in associates and joint ventures accounted for using the equity method, total	$ 102,410,945	$ 86,809,069	$ 77,197,781	$ 54,190,546
Envases CMF S.A.
INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD
Carrying amount in associates and joint ventures accounted for using the equity method, total	$ 18,743,604	$ 18,528,567
Percentage interest	50.00%	50.00%
Leao Alimentos e Bebidas Ltda.
INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD
Carrying amount in associates and joint ventures accounted for using the equity method, total	$ 21,727,894	$ 22,163,333
Percentage interest	10.26%	10.26%
Kaik Participacoes Ltda.
INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD
Carrying amount in associates and joint ventures accounted for using the equity method, total	$ 1,228,256	$ 1,228,350
Percentage interest	11.32%	11.32%
SRSA Participacoes Ltda.
INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD
Carrying amount in associates and joint ventures accounted for using the equity method, total	$ 94,706	$ 189,290
Percentage interest	40.00%	40.00%
Sorocaba Refrescos S.A.
INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD
Carrying amount in associates and joint ventures accounted for using the equity method, total	$ 22,979,029	$ 23,079,130
Percentage interest	40.00%	40.00%
Trop Frutas do Brasil Ltda.
INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD
Carrying amount in associates and joint ventures accounted for using the equity method, total	$ 6,244,839	$ 6,359,428
Percentage interest	7.52%	7.52%
Coca-Cola del Valle New Ventures S.A.
INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD
Carrying amount in associates and joint ventures accounted for using the equity method, total	$ 31,392,617	$ 15,260,971
Percentage interest	35.00%	35.00%

INVESTMENTS IN ASSOCIATES ACC_4

INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD - Movement (Details) - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD
Opening Balance	$ 86,809,069	$ 77,197,781	$ 54,190,546
Other investment increases in associates (Capital contributions to Leao Alimentos e Bebidas Ltda. and Coca-Cola del Valle New Ventures S.A.)	15,615,466	15,570,161	17,586,575
Dividends received	(403,414)	(1,540,090)	(750,806)
Share in operating income	2,194,144	932,340	396,764
Unrealized income	85,268	85,268	85,266
Increase (Decrease) due to foreign currency translation differences	(1,889,588)	(5,436,391)	5,689,436
Ending Balance	$ 102,410,945	$ 86,809,069	$ 77,197,781

INVESTMENTS IN ASSOCIATES ACC_5

INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD - Movement by Associate (Details) - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD
Dividend payables	$ 21,584,314	$ 21,679,922
Leao Alimentos e Bebidas Ltda.
INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD
Capital increase		5,385,161
Embotelladora Andina S.A.
INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD
Capital increase	15,615,466	10,185,000
Envases CMF S.A.
INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD
Dividend payables	403,414	1,540,090
Sorocaba Refrescos S.A.
INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD
Dividend payables	$ 0	$ 0

INVESTMENTS IN ASSOCIATES ACC_6

INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD - Reconciliation of share of profit in investments in associates (Details) - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD
Share of profit of investment accounted for using the equity method	$ 2,194,144	$ 932,340	$ 396,764
Unrealized earnings in inventory acquired from associates and not sold at the end of period, presented as a discount in the respective asset account (containers and/or inventories)	(868,233)	(1,097,968)	(744,612)
Amortization of Fair Value in Envases CMF S.A.	85,268	85,268	85,266
Income Statement Balance	$ 1,411,179	$ (80,360)	$ (262,582)

INVESTMENTS IN ASSOCIATES ACC_7

INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD - Summary financial information of associates (Details) - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD
Total assets	$ 2,214,504,689	$ 2,114,859,467	$ 2,199,109,747
Total liabilities	1,350,789,946	1,301,626,118	1,356,939,720
Net sales	1,672,915,799	1,848,878,619	1,777,459,320
Share of profit (loss) of investments in associates and joint ventures accounted for using the equity method	1,411,179	(80,360)	$ (262,582)
Envases CMF S.A.
INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD
Total assets	78,714,139	74,308,406
Total liabilities	40,800,603	36,654,412
Net sales	53,073,645	49,924,142
Share of profit (loss) of investments in associates and joint ventures accounted for using the equity method	$ 1,086,050	$ 2,405,060
Date of end of reporting period of financial statements of associate	Dec. 31, 2018	Dec. 31, 2017
Sorocaba Refrescos S.A.
INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD
Total assets	$ 106,598,837	$ 111,697,833
Total liabilities	49,151,318	54,000,005
Net sales	57,570,452	52,507,920
Share of profit (loss) of investments in associates and joint ventures accounted for using the equity method	$ 936,360	$ (1,541,788)
Date of end of reporting period of financial statements of associate	Nov. 30, 2018	Dec. 31, 2017
Kaik Participacoes Ltda.
INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD
Total assets	$ 10,850,626	$ 10,851,460
Total liabilities	34	35
Net sales	348,705
Share of profit (loss) of investments in associates and joint ventures accounted for using the equity method	$ 348,705	$ (137,007)
Date of end of reporting period of financial statements of associate	Nov. 30, 2018	Dec. 31, 2017
SRSA Participacoes Ltda.
INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD
Total assets	$ 513,823	$ 473,226
Total liabilities	277,055
Net sales	233,182	469,509
Share of profit (loss) of investments in associates and joint ventures accounted for using the equity method	$ 233,182	$ 469,509
Date of end of reporting period of financial statements of associate	Nov. 30, 2018	Dec. 31, 2017
Leao Alimentos e Bebidas Ltda.
INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD
Total assets	$ 257,149,411	$ 282,895,158
Total liabilities	57,538,296	79,689,080
Net sales	161,749,228	198,216,570
Share of profit (loss) of investments in associates and joint ventures accounted for using the equity method	$ 2,000,217	$ (157,266)
Date of end of reporting period of financial statements of associate	Nov. 30, 2018	Dec. 31, 2017
Trop Frutas do Brasil Ltda.
INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD
Total assets	$ 96,963,355	$ 88,327,243
Total liabilities	21,568,158	11,407,361
Net sales	12,169,188	3,345,146
Share of profit (loss) of investments in associates and joint ventures accounted for using the equity method	$ 7,753,517	$ 1,927,488
Date of end of reporting period of financial statements of associate	Nov. 30, 2018	Dec. 31, 2017
Coca-Cola del Valle New Ventures S.A.
INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD
Total assets	$ 101,275,213	$ 48,190,779
Total liabilities	11,582,021	4,594,308
Net sales	2,673,496
Share of profit (loss) of investments in associates and joint ventures accounted for using the equity method	$ 1,506,540	$ (248,532)
Date of end of reporting period of financial statements of associate	Dec. 31, 2018	Nov. 30, 2017

INTANGIBLE ASSETS AND GOODWIL_2

INTANGIBLE ASSETS AND GOODWILL (Details) - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
INTANGIBLE ASSETS AND GOODWILL
Intangible assets other than goodwill	$ 668,822,553	$ 663,272,878	$ 680,996,062
Gross carrying amount
INTANGIBLE ASSETS AND GOODWILL
Intangible assets other than goodwill	693,540,191	684,517,558
Cumulative amortization
INTANGIBLE ASSETS AND GOODWILL
Intangible assets other than goodwill	(24,717,638)	(21,244,680)
Distribution rights
INTANGIBLE ASSETS AND GOODWILL
Intangible assets other than goodwill	661,026,400	656,294,617	674,920,063
Distribution rights | Gross carrying amount
INTANGIBLE ASSETS AND GOODWILL
Intangible assets other than goodwill	661,285,834	656,411,004
Distribution rights | Cumulative amortization
INTANGIBLE ASSETS AND GOODWILL
Intangible assets other than goodwill	(259,434)	(116,387)
Software
INTANGIBLE ASSETS AND GOODWILL
Intangible assets other than goodwill	7,365,957	6,507,343	$ 5,605,081
Software | Gross carrying amount
INTANGIBLE ASSETS AND GOODWILL
Intangible assets other than goodwill	31,526,159	27,595,084
Software | Cumulative amortization
INTANGIBLE ASSETS AND GOODWILL
Intangible assets other than goodwill	(24,160,202)	(21,087,741)
Others
INTANGIBLE ASSETS AND GOODWILL
Intangible assets other than goodwill	430,196	470,918
Others | Gross carrying amount
INTANGIBLE ASSETS AND GOODWILL
Intangible assets other than goodwill	728,198	511,470
Others | Cumulative amortization
INTANGIBLE ASSETS AND GOODWILL
Intangible assets other than goodwill	$ (298,002)	$ (40,552)

INTANGIBLE ASSETS AND GOODWIL_3

INTANGIBLE ASSETS AND GOODWILL - Distribution Rights (Details) - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
INTANGIBLE ASSETS AND GOODWILL
Renewal period for production and distribution contracts	5 years
Intangible assets other than goodwill	$ 668,822,553	$ 663,272,878	$ 680,996,062
Monster distribution rights
INTANGIBLE ASSETS AND GOODWILL
Term of agreement (in years)	4 years
Distribution rights
INTANGIBLE ASSETS AND GOODWILL
Intangible assets other than goodwill	$ 661,026,400	656,294,617	$ 674,920,063
Distribution rights | Chile operation
INTANGIBLE ASSETS AND GOODWILL
Intangible assets other than goodwill	304,888,183	304,969,889
Distribution rights | Brazil operation
INTANGIBLE ASSETS AND GOODWILL
Intangible assets other than goodwill	181,583,404	187,695,738
Distribution rights | Paraguay operation
INTANGIBLE ASSETS AND GOODWILL
Intangible assets other than goodwill	172,594,328	162,825,074
Distribution rights | Argentina operation
INTANGIBLE ASSETS AND GOODWILL
Intangible assets other than goodwill	$ 1,960,485	$ 803,916

INTANGIBLE ASSETS AND GOODWIL_4

INTANGIBLE ASSETS AND GOODWILL - Movement and balances of identifiable intangible assets (Details) - CLP ($) $ in Thousands	Mar. 28, 2017	Dec. 31, 2018	Dec. 31, 2017
INTANGIBLE ASSETS AND GOODWILL
Opening balance		$ 663,272,878	$ 680,996,062
Additions		3,718,038	14,831,164
Amortization		(2,124,740)	(1,959,320)
Other increases (decreases)		3,956,377	(30,595,028)
Total		668,822,553	663,272,878
Distribution rights
INTANGIBLE ASSETS AND GOODWILL
Opening balance		656,294,617	674,920,063
Additions	$ 11,923,449		11,923,449
Amortization		(112,601)	(116,387)
Other increases (decreases)		4,844,384	(30,432,508)
Total		661,026,400	656,294,617
Rights
INTANGIBLE ASSETS AND GOODWILL
Opening balance		470,918	470,918
Amortization		(40,722)
Total		430,196	470,918
Software
INTANGIBLE ASSETS AND GOODWILL
Opening balance		6,507,343	5,605,081
Additions		3,718,038	2,907,715
Amortization		(1,971,417)	(1,842,933)
Other increases (decreases)		(888,007)	(162,520)
Total		$ 7,365,957	$ 6,507,343

INTANGIBLE ASSETS AND GOODWIL_5

INTANGIBLE ASSETS AND GOODWILL - Main assumptions used in the annual test (Details)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Main assumptions used in the annual test
Conservative growth rate	3.00%
Argentina operation
Main assumptions used in the annual test
Discount rate	21.20%	17.10%
Chile operation
Main assumptions used in the annual test
Discount rate	8.10%	7.20%
Brazil operation
Main assumptions used in the annual test
Discount rate	10.90%	9.60%
Paraguay operation
Main assumptions used in the annual test
Discount rate	10.10%	9.10%
Minimum
Main assumptions used in the annual test
Perpetuity growth rate	1.00%
Maximum
Main assumptions used in the annual test
Conservative growth rate	7.00%
Perpetuity growth rate	2.50%

INTANGIBLE ASSETS AND GOODWIL_6

INTANGIBLE ASSETS AND GOODWILL - Goodwill by business segment and country (Details) - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Goodwill by business segment and country
Goodwill at beginning of period	$ 93,598,217	$ 102,919,505	$ 95,835,936
Foreign currency translation differences where functional currency is different from presentation currency	23,630,956	(9,321,288)	7,083,569
Goodwill at end of period	117,229,173	93,598,217	102,919,505
Chile operation
Goodwill by business segment and country
Goodwill at beginning of period	8,503,023	8,503,023	8,503,023
Goodwill at end of period	8,503,023	8,503,023	8,503,023
Brazil operation
Goodwill by business segment and country
Goodwill at beginning of period	73,509,080	81,145,834	71,960,960
Foreign currency translation differences where functional currency is different from presentation currency	(428,980)	(7,636,754)	9,184,874
Goodwill at end of period	73,080,100	73,509,080	81,145,834
Argentina operation
Goodwill by business segment and country
Goodwill at beginning of period	4,672,971	5,972,515	7,720,202
Foreign currency translation differences where functional currency is different from presentation currency	23,645,158	(1,299,544)	(1,747,687)
Goodwill at end of period	28,318,129	4,672,971	5,972,515
Paraguay operation
Goodwill by business segment and country
Goodwill at beginning of period	6,913,143	7,298,133	7,651,751
Foreign currency translation differences where functional currency is different from presentation currency	414,778	(384,990)	(353,618)
Goodwill at end of period	$ 7,327,921	$ 6,913,143	$ 7,298,133

OTHER CURRENT AND NON-CURREN_12

OTHER CURRENT AND NON-CURRENT FINANCIAL LIABILITIES - Liabilities (Details) - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Current
Other current financial liabilities	$ 56,114,977	$ 67,981,405
Non-current
Other non-current financial liabilities	716,563,778	675,767,201
Bank loans
Current
Other current financial liabilities	21,542,736	31,470,003
Non-current
Other non-current financial liabilities	2,439,253	13,057,542
Bonds payable
Current
Other current financial liabilities	20,664,481	20,156,295
Non-current
Other non-current financial liabilities	700,327,057	648,228,554
Deposits in guarantee
Current
Other current financial liabilities	12,242,464	13,849,504
Derivative contract obligations (see note 20)
Current
Other current financial liabilities	130,829	445,278
Leasing agreements
Current
Other current financial liabilities	1,534,467	2,060,325
Non-current
Other non-current financial liabilities	$ 13,797,468	$ 14,481,105

OTHER CURRENT AND NON-CURREN_13

OTHER CURRENT AND NON-CURRENT FINANCIAL LIABILITIES - Fair value (Details) - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Current
Other current financial assets	$ 683,567	$ 14,138,161
Other current financial liabilities	56,114,977	67,981,405
Non-current
Other non-current financial assets	97,362,295	74,259,085
Other non-current financial liabilities	716,563,778	675,767,201
Bank loans
Current
Other current financial liabilities	21,542,736	31,470,003
Current financial liabilities at fair value	20,298,761	31,006,898
Non-current
Other non-current financial liabilities	2,439,253	13,057,542
Noncurrent financial liabilities at fair value	2,307,396	11,588,575
Bonds payable
Current
Other current financial liabilities	20,664,481	20,156,295
Current financial liabilities at fair value	22,318,939	22,484,452
Non-current
Other non-current financial liabilities	700,327,057	648,228,554
Noncurrent financial liabilities at fair value	755,694,265	722,044,324
Deposits in guarantee
Current
Other current financial liabilities	12,242,464	13,849,504
Current financial liabilities at fair value	12,242,464	13,849,504
Derivative contract obligations (see note 20)
Current
Other current financial assets	130,829
Other current financial liabilities	130,829	445,278
Current financial liabilities at fair value	130,829	445,278
Leasing agreements
Current
Other current financial liabilities	1,534,467	2,060,325
Current financial liabilities at fair value	1,534,467	2,060,325
Non-current
Other non-current financial liabilities	13,797,468	14,481,105
Noncurrent financial liabilities at fair value	13,797,468	14,481,105
Trade and other accounts payable
Current
Other current financial liabilities	238,109,847	257,519,477
Current financial liabilities at fair value	238,109,847	257,519,477
Non-current
Other non-current financial liabilities	735,665	1,132,926
Noncurrent financial liabilities at fair value	735,665	1,132,926
Accounts payable from related companies
Current
Other current financial liabilities	45,827,859	33,961,437
Current financial liabilities at fair value	45,827,859	33,961,437
Cash and cash equivalents
Current
Other current financial assets	137,538,613	136,242,116
Current financial assets at fair value	137,538,613	136,242,116
Other financial assets
Current
Other current financial assets	683,567	14,138,161
Current financial assets at fair value	683,567	14,138,161
Non-current
Other non-current financial assets	97,362,295	74,259,085
Noncurrent financial assets at fair value	97,362,295	75,259,085
Trade and other accounts receivable
Current
Other current financial assets	187,210,279	191,284,680
Current financial assets at fair value	187,210,279	191,284,680
Non-current
Other non-current financial assets	1,270,697	2,395,851
Noncurrent financial assets at fair value	1,270,697	2,395,851
Accounts receivable from related companies
Current
Other current financial assets	9,450,263	5,370,232
Current financial assets at fair value	9,450,263	5,370,232
Non-current
Other non-current financial assets	74,340	156,492
Noncurrent financial assets at fair value	$ 74,340	$ 156,492

OTHER CURRENT AND NON-CURREN_14

OTHER CURRENT AND NON-CURRENT FINANCIAL LIABILITIES - Bank obligations current (Details) - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Disclosure of detailed information about borrowings
Other current financial liabilities	$ 56,114,977	$ 67,981,405
Bank loans
Disclosure of detailed information about borrowings
Other current financial liabilities	21,542,736	31,470,003
Banco Scotiabank 3.64% Effective Rate Monthly Amortization Obligation | Bank loans
Disclosure of detailed information about borrowings
Other current financial liabilities		300,000
Nominal interest rate			3.64%
Effective interest rate percentage			3.64%
Envases Central S.A. | Banco Bice 2.13% Effective Rate Semiannual Amortization obligation | Bank loans
Disclosure of detailed information about borrowings
Other current financial liabilities	726,943	709,794
Nominal interest rate			2.13%
Effective interest rate percentage			2.13%
Embotelladora del Atlantico S.A. | Banco de la Nacion Argentina 20.00 % Effective Rate Monthly Amortization obligation | Bank loans
Disclosure of detailed information about borrowings
Other current financial liabilities	1,071	9,965,133
Nominal interest rate			20.00%
Effective interest rate percentage			20.00%
Embotelladora del Atlantico S.A. | Banco Galicia y Buenos Aires S.A. 20.00% Effective Rate Monthly Amortization Obligation | Bank loans
Disclosure of detailed information about borrowings
Other current financial liabilities		3,352,417
Nominal interest rate			20.00%
Effective interest rate percentage			20.00%
Rio De Janeiro Refrescos Ltda | Banco Itau 7.48 % Effective Rate Monthly Amortization obligation | Bank loans
Disclosure of detailed information about borrowings
Other current financial liabilities		298,456
Nominal interest rate			7.48%
Effective interest rate percentage			7.48%
Rio De Janeiro Refrescos Ltda | Banco Santander 6.63% Effective Rate Monthly Amortization obligation | Bank loans
Disclosure of detailed information about borrowings
Other current financial liabilities		1,359,471
Nominal interest rate			6.63%
Effective interest rate percentage			6.63%
Rio De Janeiro Refrescos Ltda | Banco Itau 6.63% Effective Rate Monthly Amortization obligation | Bank loans
Disclosure of detailed information about borrowings
Other current financial liabilities	171,415
Nominal interest rate			6.63%
Effective interest rate percentage			6.63%
Rio De Janeiro Refrescos Ltda | Banco Santander 7.15% Effective Rate Monthly Amortization obligation | Bank loans
Disclosure of detailed information about borrowings
Other current financial liabilities	277,517
Nominal interest rate			7.15%
Effective interest rate percentage			7.15%
Rio De Janeiro Refrescos Ltda | Banco Itau 7.15 % Effective Rate Quarterly Amortization obligation | Bank loans
Disclosure of detailed information about borrowings
Other current financial liabilities		1,611,747
Nominal interest rate			7.15%
Effective interest rate percentage			7.15%
Rio De Janeiro Refrescos Ltda | Banco Itau 4.50% Effective Rate Semiannual Amortization obligation | Bank loans
Disclosure of detailed information about borrowings
Other current financial liabilities		2,541,016
Nominal interest rate			4.50%
Effective interest rate percentage			4.50%
Rio De Janeiro Refrescos Ltda | Banco Santander 4.50% Effective Rate Quarterly Amortization Obligation | Bank loans
Disclosure of detailed information about borrowings
Other current financial liabilities	2,455,578
Nominal interest rate			4.50%
Effective interest rate percentage			4.50%
Rio De Janeiro Refrescos Ltda | Banco Itau 6.24% Effective Rate Quarterly Amortization Obligation | Bank loans
Disclosure of detailed information about borrowings
Other current financial liabilities	17,910,212	$ 11,331,969
Nominal interest rate			6.24%
Effective interest rate percentage			6.24%
Up to 90 days | Embotelladora del Atlantico S.A. | Banco de la Nacion Argentina 20.00 % Effective Rate Monthly Amortization obligation | Bank loans
Disclosure of detailed information about borrowings
Other current financial liabilities	1,071
Up to 90 days | Rio De Janeiro Refrescos Ltda | Banco Itau 6.63% Effective Rate Monthly Amortization obligation | Bank loans
Disclosure of detailed information about borrowings
Other current financial liabilities	82,480
Up to 90 days | Rio De Janeiro Refrescos Ltda | Banco Santander 7.15% Effective Rate Monthly Amortization obligation | Bank loans
Disclosure of detailed information about borrowings
Other current financial liabilities	83,151
Up to 90 days | Rio De Janeiro Refrescos Ltda | Banco Santander 4.50% Effective Rate Quarterly Amortization Obligation | Bank loans
Disclosure of detailed information about borrowings
Other current financial liabilities	616,808
90 days to 1 year | Envases Central S.A. | Banco Bice 2.13% Effective Rate Semiannual Amortization obligation | Bank loans
Disclosure of detailed information about borrowings
Other current financial liabilities	726,943
90 days to 1 year | Rio De Janeiro Refrescos Ltda | Banco Itau 6.63% Effective Rate Monthly Amortization obligation | Bank loans
Disclosure of detailed information about borrowings
Other current financial liabilities	88,935
90 days to 1 year | Rio De Janeiro Refrescos Ltda | Banco Santander 7.15% Effective Rate Monthly Amortization obligation | Bank loans
Disclosure of detailed information about borrowings
Other current financial liabilities	194,366
90 days to 1 year | Rio De Janeiro Refrescos Ltda | Banco Santander 4.50% Effective Rate Quarterly Amortization Obligation | Bank loans
Disclosure of detailed information about borrowings
Other current financial liabilities	1,838,770
90 days to 1 year | Rio De Janeiro Refrescos Ltda | Banco Itau 6.24% Effective Rate Quarterly Amortization Obligation | Bank loans
Disclosure of detailed information about borrowings
Other current financial liabilities	$ 17,910,212

OTHER CURRENT AND NON-CURREN_15

OTHER CURRENT AND NON-CURRENT FINANCIAL LIABILITIES - Bank obligations non-current (Details) - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Disclosure of detailed information about borrowings
Other non-current financial liabilities	$ 716,563,778	$ 675,767,201
Bank loans
Disclosure of detailed information about borrowings
Other non-current financial liabilities	2,439,253	13,057,542
Envases Central S.A. | Bank loans | Banco BCI 2.1% Effective Rate Semiannually Amortization Obligation
Disclosure of detailed information about borrowings
Other non-current financial liabilities	$ 1,434,786	$ 2,092,245
Nominal interest rate	2.10%	2.10%
Effective interest rate percentage	2.10%	2.10%
Envases Central S.A. | Bank loans | More than 1 year up to 2 years | Banco BCI 2.1% Effective Rate Semiannually Amortization Obligation
Disclosure of detailed information about borrowings
Other non-current financial liabilities	$ 1,434,786	$ 2,092,245
Rio De Janeiro Refrescos Ltda | Bank loans | Alfa 7.48% Effective Rate Monthly Amortization obligation
Disclosure of detailed information about borrowings
Other non-current financial liabilities		$ 1,003,688
Nominal interest rate		7.50%
Effective interest rate percentage		7.50%
Rio De Janeiro Refrescos Ltda | Bank loans | Banco Itau 6.6% Effective Rate Monthly Amortization Obligation
Disclosure of detailed information about borrowings
Other non-current financial liabilities	$ 239,730	$ 876,005
Nominal interest rate	6.60%	6.60%
Effective interest rate percentage	6.60%	6.60%
Rio De Janeiro Refrescos Ltda | Bank loans | Banco Santander 7.2% Effective Rate Monthly Amortization Obligation
Disclosure of detailed information about borrowings
Other non-current financial liabilities	$ 151,873	$ 5,909,334
Nominal interest rate	7.20%	7.20%
Effective interest rate percentage	7.20%	7.20%
Rio De Janeiro Refrescos Ltda | Bank loans | Banco Santander 6.2% Effective Rate Quarterly Amortization Obligation
Disclosure of detailed information about borrowings
Nominal interest rate	6.20%
Effective interest rate percentage	6.20%
Rio De Janeiro Refrescos Ltda | Bank loans | Banco Itau 4.5% Effective Rate Quarterly Amortization Obligation
Disclosure of detailed information about borrowings
Other non-current financial liabilities	$ 612,864	$ 3,176,270
Nominal interest rate	4.50%	4.50%
Effective interest rate percentage	4.50%	4.50%
Rio De Janeiro Refrescos Ltda | Bank loans | More than 1 year up to 2 years | Alfa 7.48% Effective Rate Monthly Amortization obligation
Disclosure of detailed information about borrowings
Other non-current financial liabilities		$ 125,461
Rio De Janeiro Refrescos Ltda | Bank loans | More than 1 year up to 2 years | Banco Itau 6.6% Effective Rate Monthly Amortization Obligation
Disclosure of detailed information about borrowings
Other non-current financial liabilities	$ 72,439	504,700
Rio De Janeiro Refrescos Ltda | Bank loans | More than 1 year up to 2 years | Banco Santander 7.2% Effective Rate Monthly Amortization Obligation
Disclosure of detailed information about borrowings
Other non-current financial liabilities	151,873	1,593,608
Rio De Janeiro Refrescos Ltda | Bank loans | More than 1 year up to 2 years | Banco Itau 4.5% Effective Rate Quarterly Amortization Obligation
Disclosure of detailed information about borrowings
Other non-current financial liabilities	612,864	3,176,270
Rio De Janeiro Refrescos Ltda | Bank loans | More than 2 years up to 3 years | Alfa 7.48% Effective Rate Monthly Amortization obligation
Disclosure of detailed information about borrowings
Other non-current financial liabilities		125,461
Rio De Janeiro Refrescos Ltda | Bank loans | More than 2 years up to 3 years | Banco Itau 6.6% Effective Rate Monthly Amortization Obligation
Disclosure of detailed information about borrowings
Other non-current financial liabilities	43,033	197,779
Rio De Janeiro Refrescos Ltda | Bank loans | More than 2 years up to 3 years | Banco Santander 7.2% Effective Rate Monthly Amortization Obligation
Disclosure of detailed information about borrowings
Other non-current financial liabilities		1,202,096
Rio De Janeiro Refrescos Ltda | Bank loans | More than 3 years up to 4 years | Alfa 7.48% Effective Rate Monthly Amortization obligation
Disclosure of detailed information about borrowings
Other non-current financial liabilities		125,461
Rio De Janeiro Refrescos Ltda | Bank loans | More than 3 years up to 4 years | Banco Itau 6.6% Effective Rate Monthly Amortization Obligation
Disclosure of detailed information about borrowings
Other non-current financial liabilities	43,033	44,639
Rio De Janeiro Refrescos Ltda | Bank loans | More than 3 years up to 4 years | Banco Santander 7.2% Effective Rate Monthly Amortization Obligation
Disclosure of detailed information about borrowings
Other non-current financial liabilities		663,779
Rio De Janeiro Refrescos Ltda | Bank loans | More than 4 years up to 5 years | Alfa 7.48% Effective Rate Monthly Amortization obligation
Disclosure of detailed information about borrowings
Other non-current financial liabilities		627,305
Rio De Janeiro Refrescos Ltda | Bank loans | More than 4 years up to 5 years | Banco Itau 6.6% Effective Rate Monthly Amortization Obligation
Disclosure of detailed information about borrowings
Other non-current financial liabilities	$ 81,225	128,887
Rio De Janeiro Refrescos Ltda | Bank loans | More than 4 years up to 5 years | Banco Santander 7.2% Effective Rate Monthly Amortization Obligation
Disclosure of detailed information about borrowings
Other non-current financial liabilities		$ 2,449,851

OTHER CURRENT AND NON-CURREN_16

OTHER CURRENT AND NON-CURRENT FINANCIAL LIABILITIES - Bonds Payable (Details) $ in Thousands, $ in Millions, in Millions	1 Months Ended	12 Months Ended
	Oct. 31, 2018USD ($)	Dec. 31, 2018CLP ($)	Dec. 31, 2017CLP ($)	Oct. 31, 2018CLF ( )	Sep. 26, 2013USD ($)
Composition of bonds payable
Other current financial liabilities		$ 56,114,977	$ 67,981,405
Other non-current financial liabilities		$ 716,563,778	675,767,201
Bonds USA
Bonds payable
Prepayment amount	$ 210
Annual interest rate		5.00%			5.00%
Composition of bonds payable
Bonds (face value)		$ 365,000,000			$ 575
Expenses of bond issuance and discounts on placement		$ 9,583,000
CMF Registration N912 10.10.2018 Series F
Bonds payable
Annual interest rate		2.83%		2.83%
Composition of bonds payable
Bonds (face value)		$ 5,700,000		5.7
Bonds payable (current)
Composition of bonds payable
Bonds (face value)		21,038,064	20,547,117
Expenses of bond issuance and discounts on placement		373,583	390,822
Bonds payable (noncurrent)
Composition of bonds payable
Bonds (face value)		704,048,747	651,459,940
Expenses of bond issuance and discounts on placement		3,721,690	3,231,386
Bonds payable
Composition of bonds payable
Bonds (face value)		725,086,811	672,007,057
Expenses of bond issuance and discounts on placement		4,095,273	3,622,208
Other current financial liabilities		20,664,481	20,156,295
Other non-current financial liabilities		700,327,057	648,228,554
Other financial liabilities		$ 720,991,538	$ 668,384,849

OTHER CURRENT AND NON-CURREN_17

OTHER CURRENT AND NON-CURRENT FINANCIAL LIABILITIES - Current and non-current balances (Details) $ in Thousands, $ in Millions, in Millions	Dec. 31, 2018CLF ( )	Dec. 31, 2018CLP ($)	Oct. 31, 2018CLF ( )	Dec. 31, 2017CLP ($)	Sep. 26, 2013USD ($)
Current and non-current balances
Current bonds issued and current portion of non-current bonds issued		$ 21,038,064		$ 20,547,117
Non-current portion of non-current bonds issued		$ 704,048,747		651,459,940
CMF Registration N254 CMF 06.13.2001 Series B
Current and non-current balances
Notional amount |	3.7
Borrowings, interest rate	6.50%	6.50%
Current bonds issued and current portion of non-current bonds issued		$ 6,598,389		6,071,687
Non-current portion of non-current bonds issued		52,132,023		56,795,423
CMF Registration N641 08.23.2010 Series C
Current and non-current balances
Notional amount	1.5	$ 1,500,000
Borrowings, interest rate	4.00%	4.00%
Current bonds issued and current portion of non-current bonds issued		$ 614,152		597,049
Non-current portion of non-current bonds issued		41,348,685		40,197,210
CMF Registration N759 08.20.2013 Series C
Current and non-current balances
Notional amount	1	$ 500,000
Borrowings, interest rate	3.50%	3.50%
Current bonds issued and current portion of non-current bonds issued		$ 7,069,487		6,959,157
Non-current portion of non-current bonds issued		6,891,448		13,399,069
CMF Registration N760 08.20.2013 Series D
Current and non-current balances
Notional amount	4	$ 4,000,000
Borrowings, interest rate	3.80%	3.80%
Current bonds issued and current portion of non-current bonds issued		$ 1,545,334		1,502,299
Non-current portion of non-current bonds issued		110,263,160		107,192,560
CMF Registration N760 04.02.2014 Series E
Current and non-current balances
Notional amount	3	$ 3,000,000
Borrowings, interest rate	3.75%	3.75%
Current bonds issued and current portion of non-current bonds issued		$ 1,027,009		998,409
Non-current portion of non-current bonds issued		82,697,378		80,394,428
CMF Registration N912 10.10.2018 Series F
Current and non-current balances
Notional amount		$ 5,700,000	5.7
Borrowings, interest rate	2.83%	2.83%	2.83%
Current bonds issued and current portion of non-current bonds issued		$ 1,013,805
Non-current portion of non-current bonds issued		157,125,003
Bonds USA
Current and non-current balances
Notional amount		$ 365,000,000			$ 575
Borrowings, interest rate	5.00%	5.00%			5.00%
Current bonds issued and current portion of non-current bonds issued		$ 3,169,888		4,418,516
Non-current portion of non-current bonds issued		253,591,050		353,481,250
Bonds payable (current)
Current and non-current balances
Notional amount		21,038,064		20,547,117
Current interest payable		$ 7,856,274		$ 8,105,642

OTHER CURRENT AND NON-CURREN_18

OTHER CURRENT AND NON-CURRENT FINANCIAL LIABILITIES - Non-current maturities (Details) - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Disclosure of detailed information about borrowings
Non-current portion of non-current bonds issued	$ 704,048,747	$ 651,459,940
SVS Registration N254 06.13.2001 Series B
Disclosure of detailed information about borrowings
Non-current portion of non-current bonds issued	52,132,023
SVS Registration N641 08.23.2010 Series C
Disclosure of detailed information about borrowings
Non-current portion of non-current bonds issued	41,348,685
SVS Registration N759 08.20.2013 Series C
Disclosure of detailed information about borrowings
Non-current portion of non-current bonds issued	6,891,448
SVS Registration N760 08.20.2013 Series D
Disclosure of detailed information about borrowings
Non-current portion of non-current bonds issued	110,263,160
SVS Registration N760 04.02.2014 Series E
Disclosure of detailed information about borrowings
Non-current portion of non-current bonds issued	82,697,378
CMF Registration N912 10.10.2018 Series F
Disclosure of detailed information about borrowings
Non-current portion of non-current bonds issued	157,125,003
Bonds USA
Disclosure of detailed information about borrowings
Non-current portion of non-current bonds issued	253,591,050	$ 353,481,250
Maturity within one year
Disclosure of detailed information about borrowings
Non-current portion of non-current bonds issued	10,150,441
Maturity within one year | SVS Registration N254 06.13.2001 Series B
Disclosure of detailed information about borrowings
Non-current portion of non-current bonds issued	6,704,717
Maturity within one year | SVS Registration N759 08.20.2013 Series C
Disclosure of detailed information about borrowings
Non-current portion of non-current bonds issued	3,445,724
More than 1 year up to 2 years
Disclosure of detailed information about borrowings
Non-current portion of non-current bonds issued	12,459,823
More than 1 year up to 2 years | SVS Registration N254 06.13.2001 Series B
Disclosure of detailed information about borrowings
Non-current portion of non-current bonds issued	7,134,663
More than 1 year up to 2 years | SVS Registration N641 08.23.2010 Series C
Disclosure of detailed information about borrowings
Non-current portion of non-current bonds issued	1,879,436
More than 1 year up to 2 years | SVS Registration N759 08.20.2013 Series C
Disclosure of detailed information about borrowings
Non-current portion of non-current bonds issued	3,445,724
More than 2 years up to 3 years
Disclosure of detailed information about borrowings
Non-current portion of non-current bonds issued	11,357,285
More than 2 years up to 3 years | SVS Registration N254 06.13.2001 Series B
Disclosure of detailed information about borrowings
Non-current portion of non-current bonds issued	7,598,414
More than 2 years up to 3 years | SVS Registration N641 08.23.2010 Series C
Disclosure of detailed information about borrowings
Non-current portion of non-current bonds issued	3,758,871
More than 3 years
Disclosure of detailed information about borrowings
Non-current portion of non-current bonds issued	670,081,198
More than 3 years | SVS Registration N254 06.13.2001 Series B
Disclosure of detailed information about borrowings
Non-current portion of non-current bonds issued	30,694,229
More than 3 years | SVS Registration N641 08.23.2010 Series C
Disclosure of detailed information about borrowings
Non-current portion of non-current bonds issued	35,710,378
More than 3 years | SVS Registration N760 08.20.2013 Series D
Disclosure of detailed information about borrowings
Non-current portion of non-current bonds issued	110,263,160
More than 3 years | SVS Registration N760 04.02.2014 Series E
Disclosure of detailed information about borrowings
Non-current portion of non-current bonds issued	82,697,378
More than 3 years | CMF Registration N912 10.10.2018 Series F
Disclosure of detailed information about borrowings
Non-current portion of non-current bonds issued	157,125,003
More than 3 years | Bonds USA
Disclosure of detailed information about borrowings
Non-current portion of non-current bonds issued	$ 253,591,050

OTHER CURRENT AND NON-CURREN_19

OTHER CURRENT AND NON-CURRENT FINANCIAL LIABILITIES - Bond restrictions (Details) in Thousands, $ in Millions	Dec. 31, 2018CLF ( )	Oct. 31, 2018USD ($)	Dec. 31, 2018CLP ($)item	Dec. 31, 2017CLP ($)	Dec. 31, 2016CLP ($)	Dec. 31, 2018CLP ($)	Oct. 31, 2018CLF ( )	Oct. 31, 2018USD ($)	Dec. 31, 2015CLP ($)	Sep. 26, 2013USD ($)
Disclosure of detailed information about borrowings
Borrowings						$ 75,000,000
Other current financial liabilities				$ 67,981,405,000		56,114,977,000
Other non-current financial liabilities				675,767,201,000		716,563,778,000
Cash and cash equivalents				(136,242,116,000)	$ (141,263,880,000)	(137,538,613,000)			$ (129,160,939,000)
Other current financial assets				(14,138,161,000)		(683,567,000)
Other non-current financial assets				(74,259,085,000)		(97,362,295,000)
Equity.				813,233,349,000	842,170,027,000	863,714,743,000			$ 851,534,300,000
Percentage threshold adjusted consolidated operating cash flow			$ 40
Liabilities				1,301,626,118,000	1,356,939,720,000	1,350,789,946,000
Consolidated financial income between January 1 and December 31, 2016			3,940,244,000	11,194,375,000	9,661,692,000
Consolidated Ebitda between January 1 and December 31, 2016			$ (55,014,660,000)	$ (55,220,369,000)	$ (51,374,971,000)
Bonds USA
Disclosure of detailed information about borrowings
Notional amount						$ 365,000,000,000				$ 575
Nominal interest rate	5.00%					5.00%				5.00%
Prepayment amount		$ 210
Borrowings								$ 365
CMF Registration N254 CMF 06.13.2001 Series B
Disclosure of detailed information about borrowings
Notional amount |	3,700
Nominal interest rate	6.50%					6.50%
Indebtedness level			0.78
Other financial liabilities |	2,228,000
Percentage threshold adjusted consolidated operating cash flow			$ 40
Consolidated assets to unsecured consolidated liabilities ratio			1.66
CMF Registration N254 CMF 06.13.2001 Series B | Maximum
Disclosure of detailed information about borrowings
Notional amount |	4,000
Indebtedness level			1.20
Consolidated assets to unsecured consolidated liabilities ratio			1.3
CMF Registration N641 08.23.2010 Series C
Disclosure of detailed information about borrowings
Notional amount	1,500					$ 1,500,000,000
Nominal interest rate	4.00%					4.00%
Borrowings |	1,500
Net financial debt ratio			1.5
CMF Registration N640 CMF 08232010 Series A and CMF Registration N641 08232010 Series C and CMF Registration N759 08202013 Series C
Disclosure of detailed information about borrowings
Consolidated assets to unsecured consolidated liabilities ratio			1.66
Net financial debt ratio			0.62
Net Financial Coverage			6.08
Number of consecutive quarters | item			2
CMF Registration N640 CMF 08232010 Series A and CMF Registration N641 08232010 Series C and CMF Registration N759 08202013 Series C | Minimum
Disclosure of detailed information about borrowings
Consolidated assets to unsecured consolidated liabilities ratio			1.3
Net Financial Coverage			3
CMF Registration N759 08.20.2013 Series C
Disclosure of detailed information about borrowings
Notional amount	1,000					$ 500,000,000
Nominal interest rate	3.50%					3.50%
Borrowings |	500
CMF Registration N759 08.20.2013 Series C | Maximum
Disclosure of detailed information about borrowings
Notional amount |	3,000
CMF Registration N760 08202013 Series D and CMF Registration N760 04022014 Series E
Disclosure of detailed information about borrowings
Notional amount |	8,000
CMF Registration N760 08.20.2013 Series D
Disclosure of detailed information about borrowings
Notional amount	4,000					$ 4,000,000,000
Nominal interest rate	3.80%					3.80%
Borrowings |	7,000
CMF Registration N760 04.02.2014 Series E
Disclosure of detailed information about borrowings
Notional amount	3,000					$ 3,000,000,000
Nominal interest rate	3.75%					3.75%
CMF Registration N759 08202013 Series C and CMF Registration N759 08202013 Series C and CMF Registration N760 08202013 Series D and CMF Registration N760 04022014 Series E
Disclosure of detailed information about borrowings
Indebtedness level			0.62
Percentage threshold adjusted consolidated operating cash flow			$ 40
Consolidated assets to unsecured consolidated liabilities ratio			1.66
CMF Registration N759 08202013 Series C and CMF Registration N759 08202013 Series C and CMF Registration N760 08202013 Series D and CMF Registration N760 04022014 Series E | Maximum
Disclosure of detailed information about borrowings
Indebtedness level			1.20
Consolidated assets to unsecured consolidated liabilities ratio			1.3
CMF Registration N912 10.10.2018 Series F
Disclosure of detailed information about borrowings
Notional amount						$ 5,700,000,000	5,700
Nominal interest rate	2.83%					2.83%	2.83%	2.83%
Indebtedness level	0.62
Consolidated assets to unsecured consolidated liabilities ratio	1.66
CMF Registration N912 10.10.2018 Series F | Maximum
Disclosure of detailed information about borrowings
Indebtedness level		1.20
Consolidated assets to unsecured consolidated liabilities ratio		1.3

OTHER CURRENT AND NON-CURREN_20

OTHER CURRENT AND NON-CURRENT FINANCIAL LIABILITIES - Repurchases (Details) $ in Millions, $ in Millions	Dec. 31, 2018CLP ($)	Oct. 31, 2018USD ($)
Disclosure of detailed information about borrowings
Borrowings	$ 75
Bonds USA
Disclosure of detailed information about borrowings
Borrowings		$ 365

OTHER CURRENT AND NON-CURREN_21

OTHER CURRENT AND NON-CURRENT FINANCIAL LIABILITIES - Leasing (Details) - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Disclosure of detailed information about borrowings
Other current financial liabilities	$ 56,114,977	$ 67,981,405
Other non-current financial liabilities	716,563,778	675,767,201
Bank loans
Disclosure of detailed information about borrowings
Other current financial liabilities	21,542,736	31,470,003
Other non-current financial liabilities	2,439,253	13,057,542
Leasing agreements
Disclosure of detailed information about borrowings
Other current financial liabilities	1,534,467	2,060,325
Other non-current financial liabilities	13,797,468	14,481,105
Rio De Janeiro Refrescos Ltda | Banco Itau 10.215% Effective Rate Monthly Amortization Obligation | Leasing agreements
Disclosure of detailed information about borrowings
Other current financial liabilities	11,996	41,467
Nominal interest rate			10.227%
Effective interest rate percentage			10.215%
Rio De Janeiro Refrescos Ltda | Banco Itau 10.21% Effective Rate Monthly Amortization Obligation | Leasing agreements
Disclosure of detailed information about borrowings
Other non-current financial liabilities		$ 11,764
Nominal interest rate		10.22%
Effective interest rate percentage		10.21%
Rio De Janeiro Refrescos Ltda | Banco Santander 9.65% Effective Rate Monthly Amortization Obligation | Leasing agreements
Disclosure of detailed information about borrowings
Other current financial liabilities	75,260	$ 504,815
Other non-current financial liabilities		$ 73,799
Nominal interest rate		9.47%	9.47%
Effective interest rate percentage		9.65%	9.65%
Rio De Janeiro Refrescos Ltda | Banco Citibank 8.54% Effective Rate Monthly Amortization Obligation | Leasing agreements
Disclosure of detailed information about borrowings
Other current financial liabilities	109,573	$ 528,801
Other non-current financial liabilities		$ 105,807
Nominal interest rate		8.52%	8.52%
Effective interest rate percentage		8.54%	8.54%
Rio De Janeiro Refrescos Ltda | Cogeracao Light Esco 13.00 Effective Rate Monthly Amortization Obligation | Leasing agreements
Disclosure of detailed information about borrowings
Other current financial liabilities	716,978	$ 657,610
Other non-current financial liabilities	$ 13,396,228	$ 14,289,735
Nominal interest rate	12.28%	12.28%	12.28%
Effective interest rate percentage	13.00%	13.00%	13.00%
Rio De Janeiro Refrescos Ltda | Tetra Pack 7.65% Effective Rate Monthly Amortization Obligation | Leasing agreements
Disclosure of detailed information about borrowings
Other non-current financial liabilities	$ 401,240
Nominal interest rate	7.39%
Effective interest rate percentage	7.65%
Rio De Janeiro Refrescos Ltda | Tetra Pak SRL 12.00% Effective Rate Monthly Amortization Obligation | Leasing agreements
Disclosure of detailed information about borrowings
Other current financial liabilities	$ 280,995	$ 327,632
Nominal interest rate			12.00%
Effective interest rate percentage			12.00%
Rio De Janeiro Refrescos Ltda | Up to 90 days | Banco Itau 10.215% Effective Rate Monthly Amortization Obligation | Leasing agreements
Disclosure of detailed information about borrowings
Other current financial liabilities	11,996
Rio De Janeiro Refrescos Ltda | Up to 90 days | Banco Santander 9.65% Effective Rate Monthly Amortization Obligation | Leasing agreements
Disclosure of detailed information about borrowings
Other current financial liabilities	51,766
Rio De Janeiro Refrescos Ltda | Up to 90 days | Banco Citibank 8.54% Effective Rate Monthly Amortization Obligation | Leasing agreements
Disclosure of detailed information about borrowings
Other current financial liabilities	57,750
Rio De Janeiro Refrescos Ltda | Up to 90 days | Cogeracao Light Esco 13.00 Effective Rate Monthly Amortization Obligation | Leasing agreements
Disclosure of detailed information about borrowings
Other current financial liabilities	171,115
Rio De Janeiro Refrescos Ltda | Up to 90 days | Tetra Pak SRL 12.00% Effective Rate Monthly Amortization Obligation | Leasing agreements
Disclosure of detailed information about borrowings
Other current financial liabilities	280,995
Rio De Janeiro Refrescos Ltda | 90 days to 1 year | Banco Santander 9.65% Effective Rate Monthly Amortization Obligation | Leasing agreements
Disclosure of detailed information about borrowings
Other current financial liabilities	23,494
Rio De Janeiro Refrescos Ltda | 90 days to 1 year | Banco Citibank 8.54% Effective Rate Monthly Amortization Obligation | Leasing agreements
Disclosure of detailed information about borrowings
Other current financial liabilities	51,823
Rio De Janeiro Refrescos Ltda | 90 days to 1 year | Cogeracao Light Esco 13.00 Effective Rate Monthly Amortization Obligation | Leasing agreements
Disclosure of detailed information about borrowings
Other current financial liabilities	545,863
Rio De Janeiro Refrescos Ltda | Maturity within one year | Banco Itau 10.21% Effective Rate Monthly Amortization Obligation | Leasing agreements
Disclosure of detailed information about borrowings
Other non-current financial liabilities		11,764
Rio De Janeiro Refrescos Ltda | Maturity within one year | Banco Santander 9.65% Effective Rate Monthly Amortization Obligation | Leasing agreements
Disclosure of detailed information about borrowings
Other non-current financial liabilities		73,799
Rio De Janeiro Refrescos Ltda | Maturity within one year | Banco Citibank 8.54% Effective Rate Monthly Amortization Obligation | Leasing agreements
Disclosure of detailed information about borrowings
Other non-current financial liabilities		105,807
Rio De Janeiro Refrescos Ltda | Maturity within one year | Cogeracao Light Esco 13.00 Effective Rate Monthly Amortization Obligation | Leasing agreements
Disclosure of detailed information about borrowings
Other non-current financial liabilities		743,100
Rio De Janeiro Refrescos Ltda | More than 1 year up to 2 years | Cogeracao Light Esco 13.00 Effective Rate Monthly Amortization Obligation | Leasing agreements
Disclosure of detailed information about borrowings
Other non-current financial liabilities	810,185
Rio De Janeiro Refrescos Ltda | More than 1 year up to 2 years | Tetra Pack 7.65% Effective Rate Monthly Amortization Obligation | Leasing agreements
Disclosure of detailed information about borrowings
Other non-current financial liabilities	401,240
Rio De Janeiro Refrescos Ltda | More than 2 years up to 3 years | Cogeracao Light Esco 13.00 Effective Rate Monthly Amortization Obligation | Leasing agreements
Disclosure of detailed information about borrowings
Other non-current financial liabilities	915,509	839,703
Rio De Janeiro Refrescos Ltda | More than 3 years up to 4 years | Cogeracao Light Esco 13.00 Effective Rate Monthly Amortization Obligation | Leasing agreements
Disclosure of detailed information about borrowings
Other non-current financial liabilities	1,034,525	948,864
Rio De Janeiro Refrescos Ltda | More than 4 years up to 5 years | Cogeracao Light Esco 13.00 Effective Rate Monthly Amortization Obligation | Leasing agreements
Disclosure of detailed information about borrowings
Other non-current financial liabilities	1,169,014	1,072,216
Rio De Janeiro Refrescos Ltda | More than 5 years | Cogeracao Light Esco 13.00 Effective Rate Monthly Amortization Obligation | Leasing agreements
Disclosure of detailed information about borrowings
Other non-current financial liabilities	9,466,995	$ 10,685,852
Embotelladora del Atlantico S.A. | Tetra Pack 7.65% Effective Rate Monthly Amortization Obligation | Leasing agreements
Disclosure of detailed information about borrowings
Other current financial liabilities	339,665
Nominal interest rate			7.39%
Effective interest rate percentage			7.65%
Embotelladora del Atlantico S.A. | Up to 90 days | Tetra Pack 7.65% Effective Rate Monthly Amortization Obligation | Leasing agreements
Disclosure of detailed information about borrowings
Other current financial liabilities	57,561
Embotelladora del Atlantico S.A. | 90 days to 1 year | Tetra Pack 7.65% Effective Rate Monthly Amortization Obligation | Leasing agreements
Disclosure of detailed information about borrowings
Other current financial liabilities	$ 282,104

TRADE AND OTHER ACCOUNTS PAYA_3

TRADE AND OTHER ACCOUNTS PAYABLE, CURRENT AND NON-CURRENT (Details) - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
TRADE AND OTHER ACCOUNTS PAYABLE, CURRENT AND NON-CURRENT
Trade accounts payable	$ 174,486,806	$ 187,872,116
Withholdings tax	47,693,379	49,857,086
Accounts payable Inamar Ltda.		356,221
Others	16,665,327	20,566,980
Current	238,109,847	257,519,477
Non-current	735,665	1,132,926
Total	$ 238,845,512	$ 258,652,403

TRADE AND OTHER ACCOUNTS PAYA_4

TRADE AND OTHER ACCOUNTS PAYABLE, CURRENT AND NON-CURRENT - Accruable liabilities pursuant to the Company's operating leasing agreements (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018CLP ($)
Accruable liabilities pursuant to the Company's operating leasing agreements
Total	$ 8,564,214
Expense relating to variable lease payments not included in measurement of lease liabilities	6,133,282
Maturity within one year
Accruable liabilities pursuant to the Company's operating leasing agreements
Total	3,823,849
Maturity between one and five years
Accruable liabilities pursuant to the Company's operating leasing agreements
Total	4,259,402
More than 5 years
Accruable liabilities pursuant to the Company's operating leasing agreements
Total	$ 480,963
Minimum
Accruable liabilities pursuant to the Company's operating leasing agreements
Term of lease agreement (in years)	1 year
Maximum
Accruable liabilities pursuant to the Company's operating leasing agreements
Term of lease agreement (in years)	8 years

OTHER PROVISIONS, CURRENT AND_3

OTHER PROVISIONS, CURRENT AND NON-CURRENT (Details) - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Other provisions, Current and Non current
Other provisions, current	$ 3,485,613	$ 2,676,418
Non-current	58,966,913	62,947,748
Total	62,452,526	65,624,166	$ 73,081,893
Litigation
Other provisions, Current and Non current
Total	$ 62,452,526	$ 65,624,166

OTHER PROVISIONS, CURRENT AND_4

OTHER PROVISIONS, CURRENT AND NON-CURRENT - Details of Contingencies provisions (Details) - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Other provisions, Current and Non current
Balances	$ 62,452,526	$ 65,624,166	$ 73,081,893
Litigation
Other provisions, Current and Non current
Balances	62,452,526	65,624,166
Tax Contingencies
Other provisions, Current and Non current
Balances	47,991,514	49,185,234
Labor Contingencies
Other provisions, Current and Non current
Balances	10,376,830	10,468,704
Civil Contingencies
Other provisions, Current and Non current
Balances	$ 4,084,182	$ 5,970,228

OTHER PROVISIONS, CURRENT AND_5

OTHER PROVISIONS, CURRENT AND NON-CURRENT - Movements (Details) - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Movements
Balance at the beginning of the year	$ 65,624,166	$ 73,081,893
Additional provisions	46,657	2,493,968
Increase (decrease) in existing provisions	(4,998,530)	(19,083,499)
Payments	6,139,963	22,985,793
Reverse unused provision	(2,157,152)	(6,769,384)
Increase (decrease) due to foreign exchange differences	(2,202,578)	(7,084,605)
Balance at the end of the year	$ 62,452,526	$ 65,624,166

OTHER CURRENT AND NON-CURREN_22

OTHER CURRENT AND NON-CURRENT NON-FINANCIAL LIABILITIES (Details) - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
OTHER CURRENT AND NON-CURRENT NON-FINANCIAL LIABILITIES
Dividend payable	$ 21,584,314	$ 21,679,922
Other	12,189,900	5,328,055
Total	$ 33,774,214	$ 27,007,977

EQUITY - Series of shares (Deta

EQUITY - Series of shares (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018CLP ($)directorshares	Dec. 31, 2017CLP ($)shares	Dec. 31, 2016CLP ($)shares
EQUITY
Subscribed Capital | $	$ 270,737,574	$ 270,737,574	$ 270,737,574
Paid-in capital | $	$ 270,737,574	$ 270,737,574	$ 270,737,574
Number of directors | director	14
Series A
EQUITY
Number of shares subscribed | shares	473,289,301	473,289,301	473,289,301
Number of shares paid in | shares	473,289,301	473,289,301	473,289,301
Number of voting shares | shares	473,289,301	473,289,301	473,289,301
Subscribed Capital | $	$ 135,379,504	$ 135,379,504	$ 135,379,504
Paid-in capital | $	$ 135,379,504	$ 135,379,504	$ 135,379,504
Number of directors elected | director	12
Series B Share
EQUITY
Number of shares subscribed | shares	473,281,303	473,281,303	473,281,303
Number of shares paid in | shares	473,281,303	473,281,303	473,281,303
Number of voting shares | shares	473,281,303	473,281,303	473,281,303
Subscribed Capital | $	$ 135,358,070	$ 135,358,070	$ 135,358,070
Paid-in capital | $	$ 135,358,070	$ 135,358,070	$ 135,358,070
Number of directors elected | director	2
Additional dividend distribution as a percentage	10.00%

EQUITY - Dividend policy (Detai

EQUITY - Dividend policy (Details) - $ / shares	1 Months Ended
	Jan. 31, 2019	Oct. 31, 2018	Aug. 31, 2018	May 31, 2018	Jan. 31, 2018	Oct. 31, 2017	Aug. 31, 2017	May 31, 2017	Jan. 31, 2017
Series A
EQUITY
Interim dividend per share	$ 21.50	$ 21.50			$ 21.50	$ 19			$ 19
Final dividend per share				$ 21.50				$ 19
Additional dividend paid per share			$ 21.50				$ 19
Series B Share
EQUITY
Interim dividend per share	$ 23.65	$ 23.65			$ 23.65	$ 20.90			$ 20.90
Final dividend per share				$ 23.65				$ 20.90
Additional dividend paid per share			$ 23.65				$ 20.90

EQUITY - Reserves (Details)

EQUITY - Reserves (Details) - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2009
EQUITY
Polar acquisition	$ 421,701,520	$ 421,701,520	$ 421,701,520
Foreign currency translation reserves	(306,674,528)	(237,077,572)	(168,744,355)
Cash flow hedge reserve	(13,668,932)	(3,094,671)	(2,448,175)
Reserve for employee benefit actuarial gains or losses	(1,954,077)	(1,915,587)	(1,785,032)
Legal and statutory reserves	5,435,538	5,435,538	5,435,538	$ 5,435,538
Other	6,014,568
Total	$ 110,854,089	$ 185,049,228	$ 254,159,496

EQUITY - Foreign currency trans

EQUITY - Foreign currency translation reserves (Details) - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
EQUITY
Reserve of exchange differences on translation	$ (306,674,528)	$ (237,077,572)	$ (168,744,355)
Movement in foreign currency translation reserve	(69,596,956)	(68,333,217)	(1,297,198)
Brazil
EQUITY
Reserve of exchange differences on translation	(99,990,343)	(90,156,924)	(58,306,230)
Movement in foreign currency translation reserve	(10,313,069)	(32,963,533)	30,138,065
Argentina
EQUITY
Reserve of exchange differences on translation	(201,118,180)	(128,348,112)	(108,386,213)
Movement in foreign currency translation reserve	(72,770,068)	(19,961,899)	(23,472,215)
Paraguay
EQUITY
Reserve of exchange differences on translation	8,623,849	(4,862,332)	10,545,453
Movement in foreign currency translation reserve	13,486,181	(15,407,785)	(11,183,004)
Chile
EQUITY
Reserve of exchange differences on translation	$ (14,189,854)	$ (13,710,204)	(12,597,365)
Movement in foreign currency translation reserve			$ 3,219,956

EQUITY - Consolidated statement

EQUITY - Consolidated statements of comprehensive income (Details) - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Cash flow for hedge
Gross Balance	$ (13,151,841)	$ (813,844)	$ (42,836,575)
Tax	2,554,551	167,348	13,301,186
Net Balance	(10,597,290)	(646,496)	(29,535,389)
Exchange rate translation differences
Gross Balance	(72,455,525)	(68,831,435)	148,686
Tax	2,476,204	232,666	(2,431,408)
Net Balance	(69,979,321)	(68,598,769)	(2,282,722)
Benefit related to defined benefit plans
Gross Balance	(63,463)	(329,477)	(29,423)
Tax	16,184	84,017	7,060
Net Balance	(47,279)	(245,460)	(22,363)
Total Comprehensive income
Gross Balance	(85,670,829)	(69,974,756)	(42,717,312)
Tax	5,046,939	484,031	10,876,838
Total other comprehensive income	$ (80,623,890)	$ (69,490,725)	$ (31,840,474)

EQUITY - Movement of comprehens

EQUITY - Movement of comprehensive income and expense (Details) - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Movement of comprehensive income and loss
Total other comprehensive income	$ (80,623,890)	$ (69,490,725)	$ (31,840,474)
Cash flow hedge reserve
Movement of comprehensive income and loss
Increase (decrease)	(63,699,788)	(14,172,572)	(119,668,724)
Deferred taxes	20,217,065	3,875,908	38,337,727
Reclassification to the result by function	48,415,956	13,352,835	76,802,629
Reclassification of deferred taxes related to other reserves	(15,530,523)	(3,702,667)	(25,007,021)
Total other comprehensive income	(10,597,290)	(646,496)	(29,535,389)
Equity holders of the parent	(10,597,290)	(646,496)	(29,535,389)
Reserves for exchange rate differences
Movement of comprehensive income and loss
Increase (decrease)	(72,455,525)	(68,831,435)	148,686
Deferred taxes	2,476,204	232,666	(2,431,408)
Total other comprehensive income	(69,979,321)	(68,598,769)	(2,282,722)
Equity holders of the parent	(69,592,296)	(68,333,217)	(1,297,198)
Non-Controlling interests	(387,025)	(265,552)	(985,524)
Benefit related to defines benefit plans reserve
Movement of comprehensive income and loss
Increase (decrease)	(334,508)	(476,044)	(359,258)
Deferred taxes	89,366	121,390	86,222
Reclassification to the result by function	271,045	146,564	313,341
Reclassification of deferred taxes related to other reserves	(73,182)	(37,370)	(62,668)
Total other comprehensive income	(47,279)	(245,460)	(22,363)
Equity holders of the parent	(43,150)	(130,555)	11,253
Non-Controlling interests	$ (4,129)	$ (114,905)	$ (33,616)

EQUITY - Non-controlling intere

EQUITY - Non-controlling interests (Details) - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Non-controlling interests
Shareholders equity attributable to non controlling interests	$ 19,901,617	$ 21,923,293	$ 21,564,445
Income attributable to non controlling interests	847,375	1,164,935	1,523,120
Total current assets	481,586,454	484,010,050	552,742,397
Total non-current assets	1,732,918,235	1,630,849,417	1,646,367,350
Total current liabilities	419,862,101	428,287,322	419,534,854
Total non-current liabilities	930,927,845	873,338,796	937,404,866
Net sales	1,672,915,799	1,848,878,619	1,777,459,320
Net income	$ 97,450,746	$ 119,000,725	$ 92,049,111
Embotelladora del Atlantico S.A.
Non-controlling interests
Non controlling interest percentage	0.0171%	0.0171%	0.0171%
Shareholders equity attributable to non controlling interests	$ 23,260	$ 13,765	$ 12,209
Income attributable to non controlling interests	3,633	5,590	5,502
Total current assets	78,222,876	97,285,008	110,564,779
Total non-current assets	156,224,157	94,369,129	98,518,204
Total current liabilities	82,148,269	109,594,738	132,431,541
Total non-current liabilities	15,897,476	1,339,723	1,621,792
Net sales	406,216,738	544,585,291	507,946,578
Net income	$ 21,304,406	$ 32,781,977	$ 32,268,140
Andina Empaques Argentina S.A.
Non-controlling interests
Non controlling interest percentage	0.0209%	0.0209%	0.0209%
Shareholders equity attributable to non controlling interests	$ 2,113	$ 2,213	$ 2,062
Income attributable to non controlling interests	96	711	785
Total current assets	4,329,932	7,143,561	6,680,394
Total non-current assets	9,251,880	6,413,307	7,381,968
Total current liabilities	2,309,810	2,944,499	4,061,713
Total non-current liabilities	1,169,270	28,444	141,258
Net sales	16,034,964	20,698,427	20,601,647
Net income	$ 458,980	$ 3,398,080	$ 3,754,831
Paraguay Refrescos S.A.
Non-controlling interests
Non controlling interest percentage	2.1697%	2.1697%	2.1697%
Shareholders equity attributable to non controlling interests	$ 5,378,074	$ 5,045,792	$ 5,337,687
Income attributable to non controlling interests	556,112	502,945	504,806
Total current assets	37,309,706	30,419,844	35,283,479
Total non-current assets	248,751,791	234,278,288	243,615,898
Total current liabilities	21,870,719	17,297,339	17,192,489
Total non-current liabilities	16,323,385	14,487,776	16,011,340
Net sales	149,588,252	141,277,230	132,005,503
Net income	$ 25,630,364	$ 23,179,968	$ 23,045,844
Vital S.A.
Non-controlling interests
Non controlling interest percentage	35.00%	35.00%	35.00%
Shareholders equity attributable to non controlling interests	$ 7,674,785	$ 9,261,108	$ 9,054,947
Income attributable to non controlling interests	271,063	283,327	319,858
Vital Jugos S.A.
Non-controlling interests
Total current assets	16,005,424	21,135,712	19,265,466
Total non-current assets	16,969,708	19,691,418	22,297,712
Total current liabilities	11,018,878	14,244,283	15,246,108
Total non-current liabilities	28,298	128,071	445,794
Net sales	56,724,318	68,884,622	75,788,427
Net income	$ 774,466	$ 809,507	$ 913,880
Vital Aguas S.A.
Non-controlling interests
Non controlling interest percentage	33.50%	33.50%	33.50%
Shareholders equity attributable to non controlling interests	$ 1,986,493	$ 2,117,098	$ 2,027,879
Income attributable to non controlling interests	36,696	151,647	23,744
Total current assets	4,616,490	4,296,412	4,783,537
Total non-current assets	5,287,639	5,876,875	6,298,423
Total current liabilities	3,803,117	3,698,382	4,884,341
Total non-current liabilities	171,184	157,558	144,250
Net sales	15,859,403	14,642,493	14,437,818
Net income	$ 109,539	$ 452,679	$ 70,878
Envases Central S.A.
Non-controlling interests
Non controlling interest percentage	40.73%	40.73%	40.73%
Shareholders equity attributable to non controlling interests	$ 4,836,892	$ 5,483,317	$ 5,129,661
Income attributable to non controlling interests	(20,225)	220,715	668,425
Total current assets	13,737,336	8,343,734	8,508,056
Total non-current assets	1,223,933	14,243,627	12,034,286
Total current liabilities	13,063,735	7,410,662	7,333,325
Total non-current liabilities	1,041,400	1,710,709	614,711
Net sales	59,433,099	39,205,943	40,342,848
Net income	$ (112,302)	$ 541,927	$ 1,641,112

EQUITY - Earnings per share (De

EQUITY - Earnings per share (Details) - CLP ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Earnings per share
Earnings attributable to shareholders	$ 96,603,371	$ 117,835,790	$ 90,525,991
Average weighted number of shares	946,570,604	946,570,604	946,570,604
Earnings per basic and diluted share (in Chilean pesos)	$ 102.06	$ 124.49	$ 95.64
Series A
Earnings per share
Earnings attributable to shareholders	$ 46,001,994	$ 56,112,755	$ 43,107,979
Average weighted number of shares	473,289,301	473,289,301	473,289,301
Earnings per basic and diluted share (in Chilean pesos)	$ 97.20	$ 118.56	$ 91.08
Series B Share
Earnings per share
Earnings attributable to shareholders	$ 50,601,377	$ 61,723,035	$ 47,418,012
Average weighted number of shares	473,281,303	473,281,303	473,281,303
Earnings per basic and diluted share (in Chilean pesos)	$ 106.92	$ 130.42	$ 100.19

DERIVATIVE ASSETS AND LIABILI_3

DERIVATIVE ASSETS AND LIABILITIES (Details) $ in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2018CLP ($)	Dec. 31, 2017CLP ($)	Dec. 31, 2016CLP ($)	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)
DERIVATIVE ASSETS AND LIABILITIES
Gain (losses) from cash flow hedges	$ (13,151,841)	$ (813,844)	$ (42,836,575)
Derivative Instrument US Bond Obligations | Currency swap contract | Cash flow hedges
DERIVATIVE ASSETS AND LIABILITIES
Hedged item, liabilities				$ 360
Derivative financial assets held for hedging	87,446,662
Gains on hedging instrument in other equity reserves	14,089,111
Gain (losses) from cash flow hedges	25,302,080
Gains (losses) on ineffectiveness of cash flow hedges recognised in profit or loss	(207,802)
Derivative Instrument Raw Material Purchases | Forward contract | Fair value hedges
DERIVATIVE ASSETS AND LIABILITIES
Derivative financial assets held for hedging	669,527
Gain (losses) from cash flow hedges	7,583,354
Notional amount				$ 56.8	$ 62.8
Derivative financial liabilities held for hedging	130,829
Accumulated gain loss on derivative financial instruments	$ 397,151

DERIVATIVE ASSETS AND LIABILI_4

DERIVATIVE ASSETS AND LIABILITIES - Fair Value (Details) - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Fair value of financial assets and liabilities
Transfers into out of Level 1 assets and liabilities	$ 0
Transfers into out of level 2 assets and liabilities	0
Transfers into Level 3 of fair value hierarchy, assets	0
Transfers out of Level 3 of fair value hierarchy, assets	0
Transfers into Level 3 of fair value hierarchy, liabilities	0
Transfers out of Level 3 of fair value hierarchy, liabilities	0
Financial assets, at fair value	88,116,189	$ 62,367,852
Financial liabilities, at fair value	130,829	445,278
Level 2
Fair value of financial assets and liabilities
Financial assets, at fair value	88,116,189	62,367,852
Financial liabilities, at fair value	130,829	445,278
Other current financial liabilities
Fair value of financial assets and liabilities
Financial liabilities, at fair value	130,829	445,278
Other current financial liabilities | Level 2
Fair value of financial assets and liabilities
Financial liabilities, at fair value	130,829	445,278
Other financial assets
Fair value of financial assets and liabilities
Financial assets, at fair value	669,527	469,019
Other financial assets | Level 2
Fair value of financial assets and liabilities
Financial assets, at fair value	669,527	469,019
Other non-current financial assets
Fair value of financial assets and liabilities
Financial assets, at fair value	87,446,662	61,898,833
Other non-current financial assets | Level 2
Fair value of financial assets and liabilities
Financial assets, at fair value	$ 87,446,662	$ 61,898,833

CONTINGENCIES AND COMMITMENTS -

CONTINGENCIES AND COMMITMENTS - Lawsuits and other legal actions (Details) $ in Thousands	Sep. 30, 2013BRL (R$)	Oct. 31, 2013BRL (R$)	Dec. 31, 2018BRL (R$)	Dec. 31, 2018CLP ($)	Dec. 31, 2017CLP ($)	Sep. 30, 2014BRL (R$)
CONTINGENCIES AND COMMITMENTS
Contingent liability			R$ 203070206	$ 36,411,450
Legal proceedings contingent liability
CONTINGENCIES AND COMMITMENTS
Contingent liability				5,970,453
Embotelladora del Atlantico S.A. | Legal proceedings contingent liability
CONTINGENCIES AND COMMITMENTS
Contingent liability				948,042
Time deposits to guaranty judicial liabilities				656,817
Rio De Janeiro Refrescos Ltda | Legal proceedings contingent liability
CONTINGENCIES AND COMMITMENTS
Contingent liability				55,518,871
Time deposits to guaranty judicial liabilities				31,143,415	$ 31,953,725
Warranty insurance and bail letters | R$			R$ 986396119
Warranty insurance and bail letters commission percentage			0.44%
Rio De Janeiro Refrescos Ltda | Tax contingent liability
CONTINGENCIES AND COMMITMENTS
Contingent liability			R$ 76883016	13,785,489
ex-Companhia De Bebidas Ipiranga | Tax contingent liability
CONTINGENCIES AND COMMITMENTS
Loss contingency damages sought | R$	R$ 1330473161	R$ 346232541	1,138,749,846
Litigation settlement amount released from liability | R$			R$ 135282155			R$ 598745218
Paraguay Refrescos S.A. | Legal proceedings contingent liability
CONTINGENCIES AND COMMITMENTS
Contingent liability				$ 15,160

CONTINGENCIES AND COMMITMENTS_2

CONTINGENCIES AND COMMITMENTS - Guarantees (Details) $ in Thousands	Dec. 31, 2018BRL (R$)	Dec. 31, 2018CLP ($)	Dec. 31, 2017CLP ($)
CONTINGENCIES AND COMMITMENTS
Contingent liability	R$ 203070206	$ 36,411,450
Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		31,816,784	$ 50,651,324
Industria Metalurgical Inamar Ltda | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability			17,991,202
Gas Licuado Lipigas SA | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		1,140	1,140
Hospital Militar | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability			4,727
Parque Arauco | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability			5,345
Aeropuerto Nuevo Pudahuel | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability			10,129
Hospital FACH | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability			697
Inmob. e Invers. Supetar Ltda | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		4,579	4,579
Bodegas San Francisco Ltda. | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability			6,483
Maria Lobos Jamet | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		2,565	2,565
Reclamaciones Trabajadores | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		5,336,644	4,626,086
Reclamaciones Civiles y Tributarias | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		12,597,136	13,104,186
Instituciones Gubernamentales | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		13,209,635	14,223,453
Distribuidora Baraldo S.H. | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		369	659
Acuna Gomez | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		553	989
Nicanor Lopez | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		395	707
Labarda | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		7	12
Municipalidad Bariloche | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		21,420	38,315
Municipalidad San Antonio Oeste | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		40,682	72,768
Municipalidad Carlos Casares | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		1,645	2,943
Municipalidad Chivilcoy | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		254,430	455,104
Others | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		78	140
Granada Maximiliano | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		3,317	5,934
Cicsa | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		4,612	8,249
Locadores Varios | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		46,169	53,900
Aduana De EZEIZA | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		3,013	6,608
Municipalidad De Junin | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		1,592	5,755
Almada Jorge | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		4,949	8,853
Municipalidad De Picun Leufu | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		72	128
Migoni Marano | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		112
Farias Matias Luis | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		309	1,226
Temas Industriales SA - Embargo General de Fondos | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		231,077
Gomez Alejandra Raquel | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		35	62
Lopez Gustavo Gerardo C/Inti Saic Y Otros | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		226	403
Fondo Fima Ahorro Plus C | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability			519
Tribunal Superior De Justicia De La Provincia De Cordoba | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		290
DBC SA C CERVECERIA ARGENTINA SA ISEMBECK | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		41,465
Marcus A. Pena | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		4,164	3,782
Mauricio J Cordero C | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		904	800
Jose Ruoti Maltese | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		758	715
Alejandro Galeano | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		1,251	1,107
Ana Maria Mazo | Guarantees
CONTINGENCIES AND COMMITMENTS
Contingent liability		1,191	1,054
Importadora Casa Y Regalos
CONTINGENCIES AND COMMITMENTS
Contingent liability			2,050
Inmobiliaria E Inversiones Gestion Activa Ltda
CONTINGENCIES AND COMMITMENTS
Contingent liability			4,585
Inmobiliaria Portofino
CONTINGENCIES AND COMMITMENTS
Contingent liability			900
Telfonica Chile S.a.
CONTINGENCIES AND COMMITMENTS
Contingent liability			1,000
Inmobiliaria San Martin Logista S.a.
CONTINGENCIES AND COMMITMENTS
Contingent liability			3,461
Employee procedures
CONTINGENCIES AND COMMITMENTS
Contingent liability		2,601,353	1,496,862
Administrative procedures
CONTINGENCIES AND COMMITMENTS
Contingent liability		8,233,853	7,185,511
Gobierno Federal
CONTINGENCIES AND COMMITMENTS
Contingent liability		116,192,877	91,903,312
Gobierno Estadual
CONTINGENCIES AND COMMITMENTS
Contingent liability		43,015,207	20,527,817
Hsbc
CONTINGENCIES AND COMMITMENTS
Contingent liability		3,586,095	3,716,747
Otros
CONTINGENCIES AND COMMITMENTS
Contingent liability		3,236,092	2,449,103
Aduana De Ezeiza One
CONTINGENCIES AND COMMITMENTS
Contingent liability		699,502	63,777
Aduana De Ezeiza Two
CONTINGENCIES AND COMMITMENTS
Contingent liability		$ 182,459	$ 347,990

FINANCIAL RISK MANAGEMENT - Int

FINANCIAL RISK MANAGEMENT - Interest Rate Risk (Details) - Interest rate risk - Fixed interest rate in Thousands, $ in Millions, $ in Millions	1 Months Ended	12 Months Ended
	Oct. 31, 2018CLP ($)	Dec. 31, 2018CLF ( )	Dec. 31, 2018CLP ($)	Dec. 31, 2018USD ($)
Domestic
Interest Rate Risk
Financial liabilities |		16,928,000
Foreign
Interest Rate Risk
Financial liabilities				$ 365
Principal			$ 575
Prepayment amount	$ 210
Percentage of foreign bonds re-denominated to domestic currencies		100.00%

FINANCIAL RISK MANAGEMENT - Cre

FINANCIAL RISK MANAGEMENT - Credit Risk (Details) client in Thousands	12 Months Ended
	Dec. 31, 2018USD ($)client
Credit risk
Credit risk
Accounts receivable threshold amount for sales suspension	$ 250,000
Accounts receivable threshold period for sales suspension (In Days)	60 days
Outstanding accounts receivable balance at which CFO approval is required	$ 1,000,000
Credit risk | Minimum
Credit risk
Number of customers | client	100
31 and 60 days
Credit risk
Accounts receivable provision percentage	30.00%
61 and 90 days
Credit risk
Accounts receivable provision percentage	60.00%
91 and 120 days
Credit risk
Accounts receivable provision percentage	90.00%
Accounts receivable disputed balance provision percentage	40.00%
121 days and over
Credit risk
Accounts receivable provision percentage	100.00%
121 and 170 days
Credit risk
Accounts receivable disputed balance provision percentage	80.00%
171 days and over
Credit risk
Accounts receivable disputed balance provision percentage	100.00%

FINANCIAL RISK MANAGEMENT - Pre

FINANCIAL RISK MANAGEMENT - Prepayments, Guarantees and Financial Investments (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2018CLP ($)item	Dec. 31, 2018USD ($)	Dec. 31, 2017CLP ($)	Dec. 31, 2016CLP ($)
Credit risk
Trade receivables covered by insurance percentage	91.00%
Other provisions	$ 62,452,526		$ 65,624,166	$ 73,081,893
Maximum
Credit risk
Trade receivables uncollectible percentage	0.50%
Credit risk
Credit risk
Prepayment to suppliers threshold		$ 25,000
Credit risk | Domestic
Credit risk
Trade receivables	$ 63,322,758
Credit risk | Domestic | Provision for credit commitments
Credit risk
Other provisions	$ 1,343,691
Credit risk | Minimum
Credit risk
Time deposits with institutions with risk ratings of A S&P or equivalent	1 year
Credit risk | Maximum
Credit risk
Time deposits with institutions with risk ratings of Level 1 Fitch or equivalent	1 year
Currency risk
Credit risk
Number of risks exposed to that are caused by exchange rate volatility | item	3

FINANCIAL RISK MANAGEMENT - Inv

FINANCIAL RISK MANAGEMENT - Investment Risk by Country (Details) - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Exchange Rate Risk
Total Equity	$ 863,714,743	$ 813,233,349	$ 842,170,027	$ 851,534,300
Total assets	2,214,504,689	2,114,859,467	2,199,109,747
Total liabilities	1,350,789,946	$ 1,301,626,118	$ 1,356,939,720
Currency risk | Argentina
Exchange Rate Risk
Total Equity	141,415,980
Total assets	241,496,143
Total liabilities	$ 100,080,163
Percentage of entity's revenue	24.60%
Appreciation (devaluation) of foreign currency against the domestic currency	(44.10%)
Percentage of reasonably possible risk increase	(5.00%)
Increase (decrease) in income due to a reasonably possible increase in risk component	$ (1,008,205)
Increase (decrease) in equity due to a reasonably possible risk increase	(4,547,092)
Increase (decrease) in assets due to a reasonably possible risk increase	(8,049,598)
Increase (decrease) in liabilities due to a reasonably possible risk increase	(3,502,506)
Currency risk | Brazil
Exchange Rate Risk
Total Equity	266,078,105
Total assets	814,443,115
Total liabilities	$ 548,365,009
Percentage of entity's revenue	32.30%
Appreciation (devaluation) of foreign currency against the domestic currency	(3.50%)
Percentage of reasonably possible risk increase	(5.00%)
Increase (decrease) in income due to a reasonably possible increase in risk component	$ (1,755,781)
Increase (decrease) in equity due to a reasonably possible risk increase	(12,297,287)
Increase (decrease) in assets due to a reasonably possible risk increase	(36,589,434)
Increase (decrease) in liabilities due to a reasonably possible risk increase	(24,292,147)
Currency risk | Paraguay
Exchange Rate Risk
Total Equity	247,867,392
Total assets	286,061,496
Total liabilities	$ 38,194,104
Percentage of entity's revenue	8.90%
Appreciation (devaluation) of foreign currency against the domestic currency	6.00%
Percentage of reasonably possible risk increase	(5.00%)
Increase (decrease) in income due to a reasonably possible increase in risk component	$ (1,220,490)
Increase (decrease) in equity due to a reasonably possible risk increase	(11,738,373)
Increase (decrease) in assets due to a reasonably possible risk increase	(13,360,934)
Increase (decrease) in liabilities due to a reasonably possible risk increase	$ (1,622,561)

FINANCIAL RISK MANAGEMENT - For

FINANCIAL RISK MANAGEMENT - Foreign Currency Risk (Details) - Currency risk $ in Thousands	12 Months Ended
	Dec. 31, 2018CLP ($)
Net exposure of assets and liabilities in foreign currency
Derivative financial liabilities	$ 251,124,893
Financial liabilities net of assets and net of derivative contracts	2,466,157
Dollar
Net exposure of assets and liabilities in foreign currency
Gross financial assets subject to offsetting	$ 5,917,041
Percentage of US denominated financial liabilities with derivative cross currency swaps	100.00%
Public and Bank liabilities
Net exposure of assets and liabilities in foreign currency
Gross financial liabilities subject to offsetting	$ 257,041,934
Argentina | Public and Bank liabilities
Net exposure of assets and liabilities in foreign currency
Gross financial liabilities subject to offsetting	$ 257,041,934

FINANCIAL RISK MANAGEMENT - F_2

FINANCIAL RISK MANAGEMENT - Foreign Currency Exposure (Details) - 12 months ended Dec. 31, 2018 $ in Thousands, $ in Millions	CLP ($)country	USD ($)
Commodity price risk
Assets purchased or indexed to foreign currency exposure
Percentage of reasonably possible risk increase	5.00%
Decrease in income due to a reasonably possible increase in risk component	$ (7,762,189)
Purchase Type Risk
Assets purchased or indexed to foreign currency exposure
Number of countries with operations | country	4
Percentage of reasonably possible risk increase	5.00%
Decrease in income due to a reasonably possible increase in risk component	$ (5,861,388)
Purchase Type Risk | Dollar
Assets purchased or indexed to foreign currency exposure
Amount of risk exposure		$ 340
Amount of risk exposure percentage	19.00%
Purchase Type Risk | Forward contract
Assets purchased or indexed to foreign currency exposure
Derivative financial assets held for hedging		$ 56.8
Derivative forward horizon period	12 months
Minimum | Commodity price risk
Assets purchased or indexed to foreign currency exposure
Amount of risk exposure percentage	35.00%
Maximum | Commodity price risk
Assets purchased or indexed to foreign currency exposure
Amount of risk exposure percentage	40.00%

FINANCIAL RISK MANAGEMENT - Liq

FINANCIAL RISK MANAGEMENT - Liquidity Risk (Details) - Liquidity risk $ in Thousands	Dec. 31, 2018CLP ($)
Maturity within one year
Committed maturities for liability payments
Bank debt	$ 21,579,550
Bond payable	42,991,809
Operating lease obligations	7,305,508
Purchase obligations	64,406,811
Total	136,283,678
More than 1 year up to 2 years
Committed maturities for liability payments
Bank debt	1,597,027
Bond payable	42,909,590
Operating lease obligations	9,516,692
Purchase obligations	9,126,536
Total	63,149,845
More than 2 years up to 3 years
Committed maturities for liability payments
Bank debt	787,777
Bond payable	39,560,554
Operating lease obligations	9,072,970
Purchase obligations	9,338,111
Total	58,759,412
More than 3 years up to 4 years
Committed maturities for liability payments
Bank debt	772,051
Bond payable	39,411,666
Operating lease obligations	9,032,343
Purchase obligations	233,004
Total	49,449,064
More 4 years
Committed maturities for liability payments
Bank debt	81,286
Bond payable	844,765,446
Operating lease obligations	22,059,516
Purchase obligations	240,600
Total	$ 867,146,848

EXPENSES BY NATURE (Details)

EXPENSES BY NATURE (Details) - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
EXPENSES BY NATURE
Direct production costs	$ 759,229,954	$ 815,455,280	$ 776,824,622
Payroll and employee benefits	266,966,841	287,458,526	288,293,137
Transportation and distribution	137,428,173	163,361,088	153,675,961
Marketing	17,345,951	29,209,904	39,981,813
Depreciation and amortization	99,594,446	99,163,891	97,334,452
Repairs and maintenance	28,120,097	34,253,824	34,511,508
Other expenses	138,860,649	181,249,647	173,168,224
Total	$ 1,447,546,111	$ 1,610,152,160	$ 1,563,789,717

OTHER INCOME (Details)

OTHER INCOME (Details) - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
OTHER INCOME
Gain on disposal of Property, plant and equipment	$ 1,984,547	$ 312,470	$ 318,771
Recovery AFIP claim	232,617		1,034,040
Others	392,004	238,364	408,088
Total	$ 2,609,168	$ 550,834	$ 1,760,899

OTHER EXPENSES (Details)

OTHER EXPENSES (Details) - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
OTHER EXPENSES
Contingencies and Non-operating fees	$ 10,192,495	$ 5,377,190	$ 9,959,181
Tax on bank debits	4,653,929	7,669,234	7,006,261
Disposal and write-off of Property, plant and equipment	262,366	3,025,497	4,800,278
Others	948,973	629,550	999,447
Total other expenses	$ 16,057,763	$ 16,701,471	$ 22,765,167

FINANCIAL INCOME AND EXPENSES_2

FINANCIAL INCOME AND EXPENSES (Details) - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Finance income
Interest income	$ 1,046,580	$ 8,370,338	$ 8,466,177
Other interest income	2,893,664	2,824,037	1,195,515
Total	3,940,244	11,194,375	9,661,692
Finance expenses
Bond interest	38,547,682	42,178,816	41,652,154
Bank loan interest	1,828,588	5,553,485	3,990,853
Other interest costs	14,638,390	7,488,068	5,731,964
Total	$ 55,014,660	$ 55,220,369	$ 51,374,971

OTHER (LOSSES) AND GAIN (Detail

OTHER (LOSSES) AND GAIN (Details) - CLP ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
OTHER (LOSSES) AND GAIN
Gains (loss) on derivative transactions			$ (1,466)
(Losses) gains on ineffective portion of hedge derivatives	$ (2,707,802)	$ (2,536,079)	(3,378,484)
Other income and (expenses)	(57)	(1,190)	(7,427)
Total	$ (2,707,859)	$ (2,537,269)	$ (3,387,377)

LOCAL AND FOREIGN CURRENCY - Cu

LOCAL AND FOREIGN CURRENCY - Current Assets (Details) - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
CURRENT ASSETS
Cash and cash equivalents	$ 137,538,613	$ 136,242,116	$ 141,263,880	$ 129,160,939
Other financial assets	683,567	14,138,161
Other non-financial assets	5,948,923	5,611,861
Trade and other accounts receivable, net	174,113,323	191,284,680
Accounts receivable from related companies	9,450,263	5,370,232
Inventory	151,319,709	131,363,000
Current tax assets	2,532,056
Total Current Assets	481,586,454	484,010,050	$ 552,742,397
Dollar
CURRENT ASSETS
Cash and cash equivalents	5,917,041	6,973,298
Other non-financial assets	45,053	70,975
Trade and other accounts receivable, net	863,794	541,579
Accounts receivable from related companies	26,557	16,674
Inventory	2,197,382	3,046,600
Total Current Assets	9,049,827	10,649,126
Euros
CURRENT ASSETS
Cash and cash equivalents	51,401	17,245
Trade and other accounts receivable, net	52,332	112,763
Inventory	12,522	262,204
Total Current Assets	116,255	392,212
Unidad de fomento
CURRENT ASSETS
Other financial assets		13,647,997
Other non-financial assets	78,623	9,790
Trade and other accounts receivable, net	1,414,800	1,673,147
Total Current Assets	1,493,423	15,330,934
Chilean pesos
CURRENT ASSETS
Cash and cash equivalents	86,121,695	80,985,719
Other financial assets	355,126
Other non-financial assets	3,589,253	3,049,402
Trade and other accounts receivable, net	73,028,244	75,797,942
Accounts receivable from related companies	6,911,814	5,172,144
Inventory	50,130,341	39,750,597
Total Current Assets	220,136,473	204,755,804
Brazilian Real
CURRENT ASSETS
Cash and cash equivalents	28,040,970	21,779,408
Other financial assets	14,040	366,595
Other non-financial assets	1,275,073	1,447,790
Trade and other accounts receivable, net	66,585,089	75,387,122
Inventory	36,797,523	33,834,631
Current tax assets	2,532,056
Total Current Assets	135,244,751	132,815,546
Argentine Pesos
CURRENT ASSETS
Cash and cash equivalents	6,726,906	19,681,449
Other financial assets	300,359	123,569
Other non-financial assets	460,125	632,428
Trade and other accounts receivable, net	25,000,141	30,870,192
Accounts receivable from related companies	2,511,892	181,414
Inventory	46,394,230	43,857,361
Total Current Assets	81,393,653	95,346,413
Paraguayan Guaran
CURRENT ASSETS
Cash and cash equivalents	10,680,600	6,804,997
Other financial assets	14,042
Other non-financial assets	500,796	401,476
Trade and other accounts receivable, net	7,168,923	6,901,935
Inventory	15,787,711	10,611,607
Total Current Assets	$ 34,152,072	$ 24,720,015

LOCAL AND FOREIGN CURRENCY - No

LOCAL AND FOREIGN CURRENCY - Non-Current Assets (Details) - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
NON-CURRENT ASSETS
Other financial assets	$ 97,362,295	$ 74,259,085
Other non-financial assets	34,977,264	47,394,345
Trade and other receivables	1,270,697	2,395,851
Accounts receivable from related parties	74,340	156,492
Investments accounted for under the equity method	102,410,945	86,809,069	$ 77,197,781	$ 54,190,546
Intangible assets other than goodwill	668,822,553	663,272,878	680,996,062
Goodwill	117,229,173	93,598,217	102,919,505	95,835,936
Property, plant and equipment	710,770,968	659,750,499	666,150,885	$ 640,529,872
Deferred income tax assets		3,212,981
Total Non-Current Assets	1,732,918,235	1,630,849,417	$ 1,646,367,350
Dollar
NON-CURRENT ASSETS
Other non-financial assets	22,917
Intangible assets other than goodwill	4,960,399	3,959,421
Property, plant and equipment		190,365
Total Non-Current Assets	4,983,316	4,149,786
Euros
NON-CURRENT ASSETS
Property, plant and equipment	381,732	5,362,096
Total Non-Current Assets	381,732	5,362,096
Unidad de fomento
NON-CURRENT ASSETS
Other non-financial assets	314,283
Trade and other receivables	1,204,097	2,335,322
Total Non-Current Assets	1,518,380	2,335,322
Chilean pesos
NON-CURRENT ASSETS
Other financial assets		2,212,688
Other non-financial assets	47,532	395,857
Accounts receivable from related parties	74,340	156,492
Investments accounted for under the equity method	50,136,221	33,789,538
Intangible assets other than goodwill	306,508,710	307,165,028
Goodwill	9,523,767	9,523,767
Property, plant and equipment	271,625,978	271,391,436
Total Non-Current Assets	637,916,548	624,634,806
Brazilian Real
NON-CURRENT ASSETS
Other financial assets	87,446,661	63,531,839
Other non-financial assets	32,070,120	45,334,405
Investments accounted for under the equity method	52,274,724	53,019,531
Intangible assets other than goodwill	182,657,545	188,401,129
Goodwill	72,059,356	72,488,336
Property, plant and equipment	252,674,783	240,781,729
Total Non-Current Assets	679,183,189	663,556,969
Argentine Pesos
NON-CURRENT ASSETS
Other financial assets	9,915,634	8,514,558
Other non-financial assets	2,315,682	1,626,255
Trade and other receivables	90	2,193
Intangible assets other than goodwill	2,101,571	922,226
Goodwill	28,318,129	4,672,971
Property, plant and equipment	117,532,176	77,580,966
Deferred income tax assets		3,212,981
Total Non-Current Assets	160,183,282	96,532,150
Paraguayan Guaran
NON-CURRENT ASSETS
Other non-financial assets	206,730	37,828
Trade and other receivables	66,510	58,336
Intangible assets other than goodwill	172,594,328	162,825,074
Goodwill	7,327,921	6,913,143
Property, plant and equipment	68,556,299	64,443,907
Total Non-Current Assets	$ 248,751,788	$ 234,278,288

LOCAL AND FOREIGN CURRENCY - _2

LOCAL AND FOREIGN CURRENCY - Current Liabilities (Details) - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
CURRENT LIABILITIES
Other financial liabilities, current	$ 56,114,977	$ 67,981,405
Trade and other accounts payable, current	238,109,847	257,519,477
Accounts payable to related companies, current	45,827,859	33,961,437
Other provisions, current	3,485,613	2,676,418
Tax liabilities, current	9,338,612	3,184,965
Employee benefits current provisions	33,210,979	35,955,643
Other non-financial liabilities, current	33,774,214	27,007,977
Total current liabilities	419,862,101	428,287,322	$ 419,534,854
Until 90 days
CURRENT LIABILITIES
Other financial liabilities, current	9,377,421	13,536,530
Trade and other accounts payable, current	234,715,484	251,516,304
Accounts payable to related companies, current	45,687,476	33,728,629
Other provisions, current	1,789,275	2,616,340
Tax liabilities, current	4,302,370	543,874
Employee benefits current provisions	10,189,264
Other non-financial liabilities, current	1,346,839	648,171
Total current liabilities	307,408,129	302,589,848
More 90 days until 1 year
CURRENT LIABILITIES
Other financial liabilities, current	46,737,556	54,444,875
Trade and other accounts payable, current	3,394,363	6,003,173
Accounts payable to related companies, current	140,383	232,808
Other provisions, current	1,696,338	60,078
Tax liabilities, current	5,036,242	2,641,091
Employee benefits current provisions	23,021,715	35,955,643
Other non-financial liabilities, current	32,427,375	26,359,806
Total current liabilities	112,453,972	125,697,474
Dollar
CURRENT LIABILITIES
Other financial liabilities, current	3,434,840	4,588,671
Trade and other accounts payable, current	14,514,082	11,745,990
Total current liabilities	17,948,922	16,334,661
Dollar | Until 90 days
CURRENT LIABILITIES
Other financial liabilities, current	130,829	25,540
Trade and other accounts payable, current	14,514,082	11,716,262
Total current liabilities	14,644,911	11,741,802
Dollar | More 90 days until 1 year
CURRENT LIABILITIES
Other financial liabilities, current	3,304,011	4,563,131
Trade and other accounts payable, current		29,728
Total current liabilities	3,304,011	4,592,859
Euros
CURRENT LIABILITIES
Trade and other accounts payable, current	4,371,675	2,282,651
Total current liabilities	4,371,675	2,282,651
Euros | Until 90 days
CURRENT LIABILITIES
Trade and other accounts payable, current	4,311,724	2,202,581
Total current liabilities	4,311,724	2,202,581
Euros | More 90 days until 1 year
CURRENT LIABILITIES
Trade and other accounts payable, current	59,951	80,070
Total current liabilities	59,951	80,070
Unidad de fomento
CURRENT LIABILITIES
Other financial liabilities, current	18,368,408	16,627,299
Trade and other accounts payable, current	192,055	2,198,131
Total current liabilities	18,560,463	18,825,430
Unidad de fomento | Until 90 days
CURRENT LIABILITIES
Other financial liabilities, current	7,831,899	6,735,155
Trade and other accounts payable, current	192,055	2,198,131
Total current liabilities	8,023,954	8,933,286
Unidad de fomento | More 90 days until 1 year
CURRENT LIABILITIES
Other financial liabilities, current	10,536,509	9,892,144
Total current liabilities	10,536,509	9,892,144
Chilean pesos
CURRENT LIABILITIES
Other financial liabilities, current	9,681,676	10,342,404
Trade and other accounts payable, current	84,433,658	88,400,091
Accounts payable to related companies, current	27,869,966	15,530,588
Other provisions, current	3,470,453	2,616,340
Tax liabilities, current	5,487,212	184,406
Employee benefits current provisions	6,031,277	6,365,543
Other non-financial liabilities, current	33,146,341	26,301,925
Total current liabilities	170,120,583	149,741,297
Chilean pesos | Until 90 days
CURRENT LIABILITIES
Trade and other accounts payable, current	81,099,246	82,576,800
Accounts payable to related companies, current	27,729,583	15,297,780
Other provisions, current	1,789,275	2,616,340
Tax liabilities, current	4,302,370	184,406
Employee benefits current provisions	1,177,114
Other non-financial liabilities, current	869,964	190,529
Total current liabilities	116,967,552	100,865,855
Chilean pesos | More 90 days until 1 year
CURRENT LIABILITIES
Other financial liabilities, current	9,681,676	10,342,404
Trade and other accounts payable, current	3,334,412	5,823,291
Accounts payable to related companies, current	140,383	232,808
Other provisions, current	1,681,178
Tax liabilities, current	1,184,842
Employee benefits current provisions	4,854,163	6,365,543
Other non-financial liabilities, current	32,276,377	26,111,396
Total current liabilities	53,153,031	48,875,442
Brazilian Real
CURRENT LIABILITIES
Other financial liabilities, current	22,247,499	20,674,416
Trade and other accounts payable, current	68,940,973	74,524,169
Accounts payable to related companies, current	12,478,179	18,430,849
Tax liabilities, current		718,936
Employee benefits current provisions	17,180,455	16,412,363
Total current liabilities	120,847,106	130,760,733
Brazilian Real | Until 90 days
CURRENT LIABILITIES
Other financial liabilities, current	1,413,622	5,084,725
Trade and other accounts payable, current	68,940,973	74,524,169
Accounts payable to related companies, current	12,478,179	18,430,849
Tax liabilities, current		359,468
Total current liabilities	82,832,774	98,399,211
Brazilian Real | More 90 days until 1 year
CURRENT LIABILITIES
Other financial liabilities, current	20,833,877	15,589,691
Tax liabilities, current		359,468
Employee benefits current provisions	17,180,455	16,412,363
Total current liabilities	38,014,332	32,361,522
Argentine Pesos
CURRENT LIABILITIES
Other financial liabilities, current	1,358,356	14,876,804
Trade and other accounts payable, current	54,846,437	69,911,911
Accounts payable to related companies, current	5,479,714
Tax liabilities, current	2,980,634	2,155,680
Employee benefits current provisions	9,012,150	12,371,827
Other non-financial liabilities, current	476,875	457,642
Total current liabilities	74,154,166	99,773,864
Argentine Pesos | Until 90 days
CURRENT LIABILITIES
Other financial liabilities, current	1,071	1,691,110
Trade and other accounts payable, current	54,846,437	69,859,508
Accounts payable to related companies, current	5,479,714
Employee benefits current provisions	9,012,150
Other non-financial liabilities, current	476,875	457,642
Total current liabilities	69,816,247	72,008,260
Argentine Pesos | More 90 days until 1 year
CURRENT LIABILITIES
Other financial liabilities, current	1,357,285	13,185,694
Trade and other accounts payable, current		52,403
Tax liabilities, current	2,980,634	2,155,680
Employee benefits current provisions		12,371,827
Total current liabilities	4,337,919	27,765,604
Paraguayan Guaran
CURRENT LIABILITIES
Other financial liabilities, current	1,024,198	871,811
Trade and other accounts payable, current	10,805,605	8,454,869
Other provisions, current	15,160	60,078
Tax liabilities, current	870,766	125,943
Employee benefits current provisions	987,097	805,910
Other non-financial liabilities, current	150,998	248,410
Total current liabilities	13,853,824	10,567,021
Paraguayan Guaran | Until 90 days
CURRENT LIABILITIES
Trade and other accounts payable, current	10,805,605	8,437,188
Total current liabilities	10,805,605	8,437,188
Paraguayan Guaran | More 90 days until 1 year
CURRENT LIABILITIES
Other financial liabilities, current	1,024,198	871,811
Trade and other accounts payable, current		17,681
Other provisions, current	15,160	60,078
Tax liabilities, current	870,766	125,943
Employee benefits current provisions	987,097	805,910
Other non-financial liabilities, current	150,998	248,410
Total current liabilities	3,048,219	2,129,833
Other Currency
CURRENT LIABILITIES
Trade and other accounts payable, current	5,362	1,665
Total current liabilities	5,362	1,665
Other Currency | Until 90 days
CURRENT LIABILITIES
Trade and other accounts payable, current	5,362	1,665
Total current liabilities	$ 5,362	$ 1,665

LOCAL AND FOREIGN CURRENCY - _3

LOCAL AND FOREIGN CURRENCY - Non-Current Liabilities (Details) - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
NON-CURRENT LIABILITIES
Other non-current financial liabilities	$ 716,563,778	$ 675,767,201
Non-current accounts payable	735,665	1,132,926
Other provisions, non-current	58,966,913	62,947,748
Deferred tax liabilities	145,245,948	125,204,566
Post employment benefit liabilities	9,415,541	8,286,355
Total non-current liabilities	930,927,845	873,338,796	$ 937,404,866
More than 1 until 3 years
NON-CURRENT LIABILITIES
Other non-current financial liabilities	28,642,101	8,185,760
Non-current accounts payable	735,665	1,132,926
Other provisions, non-current	3,448,042	62,947,748
Deferred tax liabilities	16,607,605	19,317,808
Post employment benefit liabilities	742,297	359,760
Total non-current liabilities	50,175,710	91,944,002
More than 3 years until 5 years
NON-CURRENT LIABILITIES
Other non-current financial liabilities	276,409,074	8,153,247
Other provisions, non-current	55,518,871
Deferred tax liabilities	101,512,040	91,769
Post employment benefit liabilities	240,148	62,742
Total non-current liabilities	433,680,133	8,307,758
More than 5 years
NON-CURRENT LIABILITIES
Other non-current financial liabilities	411,512,603	659,428,194
Deferred tax liabilities	27,126,303	105,794,989
Post employment benefit liabilities	8,433,096	7,863,853
Total non-current liabilities	447,072,002	773,087,036
Dollar
NON-CURRENT LIABILITIES
Other non-current financial liabilities	250,976,154	350,530,538
Non-current accounts payable	585,289	748,565
Total non-current liabilities	251,561,443	351,279,103
Dollar | More than 1 until 3 years
NON-CURRENT LIABILITIES
Other non-current financial liabilities		513,788
Non-current accounts payable	585,289	748,565
Total non-current liabilities	585,289	1,262,353
Dollar | More than 3 years until 5 years
NON-CURRENT LIABILITIES
Other non-current financial liabilities	250,976,154
Total non-current liabilities	250,976,154
Dollar | More than 5 years
NON-CURRENT LIABILITIES
Other non-current financial liabilities		350,016,750
Total non-current liabilities		350,016,750
Unidad de fomento
NON-CURRENT LIABILITIES
Other non-current financial liabilities	450,785,690	300,817,837
Total non-current liabilities	450,785,690	300,817,837
Unidad de fomento | More than 1 until 3 years
NON-CURRENT LIABILITIES
Other non-current financial liabilities	25,634,958
Total non-current liabilities	25,634,958
Unidad de fomento | More than 3 years until 5 years
NON-CURRENT LIABILITIES
Other non-current financial liabilities	23,105,123	2,092,245
Total non-current liabilities	23,105,123	2,092,245
Unidad de fomento | More than 5 years
NON-CURRENT LIABILITIES
Other non-current financial liabilities	402,045,609	298,725,592
Total non-current liabilities	402,045,609	298,725,592
Chilean pesos
NON-CURRENT LIABILITIES
Non-current accounts payable	148,680	356,221
Other provisions, non-current	2,500,000	5,000,000
Deferred tax liabilities	94,027,680	92,663,879
Post employment benefit liabilities	8,903,772	8,090,351
Total non-current liabilities	105,580,132	106,110,451
Chilean pesos | More than 1 until 3 years
NON-CURRENT LIABILITIES
Non-current accounts payable	148,680	356,221
Other provisions, non-current	2,500,000	5,000,000
Deferred tax liabilities	497,175	252,448
Post employment benefit liabilities	230,528	163,756
Total non-current liabilities	3,376,383	5,772,425
Chilean pesos | More than 3 years until 5 years
NON-CURRENT LIABILITIES
Deferred tax liabilities	81,630,530	91,769
Post employment benefit liabilities	240,148	62,742
Total non-current liabilities	81,870,678	154,511
Chilean pesos | More than 5 years
NON-CURRENT LIABILITIES
Deferred tax liabilities	11,899,975	92,319,662
Post employment benefit liabilities	8,433,096	7,863,853
Total non-current liabilities	20,333,071	100,183,515
Brazilian Real
NON-CURRENT LIABILITIES
Other non-current financial liabilities	14,801,934	24,418,826
Other provisions, non-current	55,518,871	56,607,720
Deferred tax liabilities	19,881,510	19,065,360
Total non-current liabilities	90,202,315	100,091,906
Brazilian Real | More than 1 until 3 years
NON-CURRENT LIABILITIES
Other non-current financial liabilities	3,007,143	7,671,972
Other provisions, non-current		56,607,720
Deferred tax liabilities		19,065,360
Total non-current liabilities	3,007,143	83,345,052
Brazilian Real | More than 3 years until 5 years
NON-CURRENT LIABILITIES
Other non-current financial liabilities	2,327,797	6,061,002
Other provisions, non-current	55,518,871
Deferred tax liabilities	19,881,510
Total non-current liabilities	77,728,178	6,061,002
Brazilian Real | More than 5 years
NON-CURRENT LIABILITIES
Other non-current financial liabilities	9,466,994	10,685,852
Total non-current liabilities	9,466,994	10,685,852
Argentine Pesos
NON-CURRENT LIABILITIES
Non-current accounts payable	1,696	28,140
Other provisions, non-current	948,042	1,340,028
Deferred tax liabilities	16,110,430
Total non-current liabilities	17,060,168	1,368,168
Argentine Pesos | More than 1 until 3 years
NON-CURRENT LIABILITIES
Non-current accounts payable	1,696	28,140
Other provisions, non-current	948,042	1,340,028
Deferred tax liabilities	16,110,430
Total non-current liabilities	17,060,168	1,368,168
Paraguayan Guaran
NON-CURRENT LIABILITIES
Deferred tax liabilities	15,226,328	13,475,327
Post employment benefit liabilities	511,769	196,004
Total non-current liabilities	15,738,097	13,671,331
Paraguayan Guaran | More than 1 until 3 years
NON-CURRENT LIABILITIES
Post employment benefit liabilities	511,769	196,004
Total non-current liabilities	511,769	196,004
Paraguayan Guaran | More than 5 years
NON-CURRENT LIABILITIES
Deferred tax liabilities	15,226,328	13,475,327
Total non-current liabilities	$ 15,226,328	$ 13,475,327