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CONSOLIDATED STATEMENT OF CHANGES IN EQUITY - CLP ($)
$ in Thousands
Total
Common Stock
Reserve of exchange differences on translation
Reserve of cash flow hedges
Reserve of Actuarial gains and losses on defined benefit plans
Other reserves
Total other reservations
Retained earnings
Equity attributable to equity holders of the parent
Non-controlling interests
Beginning Balance at Dec. 31, 2018 $ 1,389,115,943 $ 562,693,346 $ (118,054,328) $ 80,188 $ (4,840,574) $ (28,233,512) $ (151,048,226) $ 868,481,588 $ 1,280,126,708 $ 108,989,235
Changes                    
Final dividends [1] (30,689,081) 0 0 0 0 0 0 (30,689,081) (30,689,081) 0
Interim dividends [2] (27,712,715) 0 0 0 0 0 0 (27,712,715) (27,712,715) 0
Interim dividends according to policy [3] (37,358,131) 0 0 0 0 0 0 (37,358,131) (37,358,131) 0
Other increase (decrease) in Equity [4] (11,918,592) 0 0 0 0 0 0 0 0 (11,918,592)
Effects business combination [5] 700,774 0 0 0 0 60,881 60,881 0 60,881 639,893
Total comprehensive income (loss) [6] 159,956,294 0 16,122,893 249,503 (2,887,580) 0 13,484,816 130,141,692 143,626,508 16,329,786
Increase (decrease) through changes in ownership interests in subsidiaries [7] 832,731 0 0 0 0 0 0 0 0 832,731
Total changes in equity 53,811,280 0 16,122,893 249,503 (2,887,580) 60,881 13,545,697 34,381,765 47,927,462 5,883,818
Ending Balance at Dec. 31, 2019 1,442,927,223 562,693,346 (101,931,435) 329,691 (7,728,154) (28,172,631) (137,502,529) 902,863,353 1,328,054,170 114,873,053
Changes                    
Final dividends [1] (29,134,204) 0 0 0 0 0 0 (29,134,204) (29,134,204) 0
Interim dividends [2] (20,692,161) 0 0 0 0 0 0 (20,692,161) (20,692,161) 0
Interim dividends according to policy [3] (27,383,975) 0 0 0 0 0 0 (27,383,975) (27,383,975) 0
Other increase (decrease) in Equity [4] (12,093,177) 0 0 0 0 0 0 0 0 (12,093,177)
Effects business combination [5] 573,955 0 0 0 0 0 0 0 0 573,955
Total comprehensive income (loss) [6] 54,573,160 0 (52,043,623) 2,968,182 (1,298,021) 0 (50,373,462) 96,152,272 45,778,810 8,794,350
Increase (decrease) through changes in ownership interests in subsidiaries [8] 47,854 0 0 0 0 (48,185) (48,185) 0 (48,185) 96,039
Total changes in equity (34,108,548) 0 (52,043,623) 2,968,182 (1,298,021) (48,185) (50,421,647) 18,941,932 (31,479,715) (2,628,833)
Ending Balance at Dec. 31, 2020 1,408,818,675 562,693,346 (153,975,058) 3,297,873 (9,026,175) (28,220,816) (187,924,176) 921,805,285 1,296,574,455 112,244,220
Changes                    
Final dividends [1] (24,038,068) 0 0 0 0 0 0 (24,038,068) (24,038,068) 0
Interim dividends [2] (73,900,574) 0 0 0 0 0 0 (73,900,574) (73,900,574) 0
Interim dividends according to policy [3] (25,680,792) 0 0 0 0 0 0 (25,680,792) (25,680,792) 0
Eventual dividends [9] (165,167,784) 0 0 0 0 0 0 (165,167,784) (165,167,784) 0
Other increase (decrease) in Equity [4] (16,003,620) 0 0 0 0 0 0 0 0 (16,003,620)
Total comprehensive income (loss) [6] 333,694,924 0 102,229,659 1,812,733 3,580,153 0 107,622,545 199,162,731 306,785,276 26,909,648
Increase (decrease) through changes in ownership interests in subsidiaries [10] (12,207,458) 0 0 0 0 (6,954,281) (6,954,281) 0 (6,954,281) (5,253,177)
Total changes in equity 16,696,628 0 102,229,659 1,812,733 3,580,153 (6,954,281) 100,668,264 (89,624,487) 11,043,777 5,652,851
Ending Balance at Dec. 31, 2021 $ 1,425,515,303 $ 562,693,346 $ (51,745,399) $ 5,110,606 $ (5,446,022) $ (35,175,097) $ (87,255,912) $ 832,180,798 $ 1,307,618,232 $ 117,897,071
[1] Corresponds to the differences between the final dividend and CCU’s policy of distributing a minimum dividend of at least 50% of income (Note 28 - Common Shareholders’ Equity).
[2] Corresponds to Interim dividends that were paid on December 26, 2019 and on December 30, 2020 as agreed by the Board of Directors.
[3] Corresponds to the differences between CCU’s policy to distribute a minimum dividend of at least 50% of the income (Note 28- Common Shareholders’ Equity) and the interim dividends declared or payed as of December 31 of each year.
[4] Mainly related to dividends to Non-controlling interest.
[5] See Note 15 – Business combinations. For the year 2019, letter c) and for 2020 and 2021 letter d).
[6] See Note 28 - Common Shareholders’ Equity.
[7] See Note 1 – General information, letter C, number (3).
[8] See Note 1 – General information, letter C, number (11) and (8).
[9] Corresponds to eventual dividend No. 263 that was paid as of December 3, 2021, against retained earnings (Note 28 - Equity attributable to owners of the parent company).
[10] See Note 1 – General information, letter C, number (15) and (16).