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Other financial liabilities (Tables)
12 Months Ended
Dec. 31, 2021
Disclosure of other financial liabilities [Abstract]  
Disclosure Of Loans And Financial Obligations Classified By Type At The Statement Of Financial Position [Text Block]
Debts and financial liabilities classified according to the type of obligation and their classifications in the Consolidated Financial Statements are detailed as follows:
 
 
As of December 31, 2021
As of December 31, 2020
Current
Non-current
Current
Non-current
ThCh$
ThCh$
ThCh$
ThCh$
Bank borrowings (1)
76,169,204
114,492,596
37,754,705
88,151,400
Bonds payable (1)
8,087,630
339,740,414
7,691,023
324,725,456
Derivative financial instruments  (2)
411,954
-
4,243,939
-
Derivative hedge liabilities (2)
4,776,623
4,036,833
5,323,640
-
Deposits for return of bottles and containers
11,980,948
-
14,116,167
-
Total
101,426,359
458,269,843
69,129,474
412,876,856
(1)  See
Note 5 – Risk administration
.
(2)  See
Note 7 – Financial instruments
.
Disclosure Of Current Loans And Financial Obligations [Text Block]
Current loan and financial obligation
 
As of
December 31, 2021
:
 
 
 
 
 
 
 
 
Maturity (*)
 
 
 
Debtor Tax ID
Company
Debtor

country
Lending party

Tax ID
Creditor name
Creditor

country
Currency
0 to 3 months
3 months to 1 year
Total
Type of

amortization
Interest

Rate
 
 
 
 
 
 
 
ThCh$
ThCh$
ThCh$
 
(%)
Bank borrowings
 
 
 
 
 
 
 
 
 
 
76.035.409-0
Cervecera Guayacán SpA.
Chile97.004.000-5
Banco de Chile
ChileUF
1,421
4,264
5,685
Monthly
3.39
76.035.409-0
Cervecera Guayacán SpA.
Chile97.004.000-5
Banco de Chile
ChileUF
2,177
6,530
8,707
Monthly
5.65
76.337.371-1
Bebidas CCU-PepsiCo SpA.
Chile97.018.000-1
Scotiabank Chile
ChileCLP
-
8,179
8,179
At maturity
3.20
90,413,000-1
Compañía Cervecerías Unidas S.A.
Chile
97,030,000-7
Banco del Estado de Chile
Chile
CLP
-
40,378,831
40,378,831
At maturity
4.56
90.413.000-1
Compañía Cervecerías Unidas S.A.
Chile97.018.000-1
Scotiabank Chile
ChileCLP
-
639,083
639,083
At maturity
5.70
91,041,000-8
Viña San Pedro Tarapacá S.A.
Chile
76,645,030-K
Banco Itaú Corpbanca
Chile
USD
-
11,896,096
11,896,096
At maturity
3.64
99.586.280-8
Compañía Pisquera de Chile S.A.
Chile97.030.000-7
Banco del Estado de Chile
ChileCLP
326,560
16,000,000
16,326,560
At maturity
4.68
96,981,310-6
Cervecería Kunstmann S.A.
Chile
97,004,000-5
Banco de Chile
Chile
CLP
-
2,020,163
2,020,163
At maturity
2.20
96.981.310-6
Cervecería Kunstmann S.A.
Chile97.030.000-7
Banco del Estado de Chile
ChileCLP
-
6,313
6,313
At maturity
1.60
96.981.310-6
Cervecería Kunstmann S.A.
Chile97.030.000-7
Banco del Estado de Chile
ChileCLP
-
3,422
3,422
At maturity
1.60
96.981.310-6
Cervecería Kunstmann S.A.
Chile97.018.000-1
Scotiabank Chile
ChileCLP
-
1,664,071
1,664,071
Semiannual
3.45
96.981.310-6
Cervecería Kunstmann S.A.
Chile97.018.000-1
Scotiabank Chile
ChileCLP
28,566
-
28,566
At maturity
3.95
0-E
Finca La Celia S.A.
Argentina0-E
Macro
ArgentinaUSD
-
255,163
255,163
At maturity
5.50
0-E
Finca La Celia S.A.
Argentina0-E
Galicia
ArgentinaUSD
-
254,034
254,034
At maturity
4.75
0-E
Finca La Celia S.A.
Argentina0-E
Patagonia
ArgentinaARS
1,345,109
-
1,345,109
Daily
37.50
0-E
Finca La Celia S.A.
Argentina0-E
Bbva
ArgentinaARS
537,105
-
537,105
Daily
38.00
0-E
Finca La Celia S.A.
Argentina0-E
Macro
ArgentinaARS
246,587
-
246,587
Daily
38.00
0-E
Bebidas Bolivianas BBO S.A.
Bolivia0-E
Banco Mercantil Santa Cruz S.A.
BoliviaBOB
39,084
-
39,084
Quarterly
5.00
0-E
Bebidas Bolivianas BBO S.A.
Bolivia0-E
Banco Mercantil Santa Cruz S.A.
BoliviaBOB
68,671
-
68,671
Quarterly
5.00
0-E
Bebidas Bolivianas BBO S.A.
Bolivia0-E
Banco Mercantil Santa Cruz S.A.
BoliviaBOB
21,498
416,277
437,775
Semiannual
5.95
Total
 
 
 
 
 
 
2,616,778
73,552,426
76,169,204
 
 
(*)
The amount based on the undiscounted contractual flows is found in
Note 5 – Risk administration
.
 
 
 
 
 
 
 
 
Maturity (*)
 
 
 
Debtor Tax ID
Company
Debtor

country
Registration
ID No. Instrument
Creditor

country
Currency
0 to 3 months
3 months to 1 year
Total
Type of

amortization
Interest

Rate
 
 
 
 
 
 
 
ThCh$
ThCh$
ThCh$
 
(%)
Bonds payable
 
 
 
 
 
 
 
 
 
 
90,413,000-1
Compañía Cervecerías Unidas S.A.
Chile
Bond H
573 23/03/2009
Chile
UF
582,445
5,619,575
6,202,020
Semiannual
4.25
90,413,000-1
Compañía Cervecerías Unidas S.A. (1)
Chile
Bond J
898 28/06/2018
Chile
UF
1,042,130
3,258
1,045,388
Semiannual
2.90
90,413,000-1
Compañía Cervecerías Unidas S.A. (1)
Chile
Bond L
897 28/06/2018
Chile
UF
50,459
240,984
291,443
Semiannual
1.20
90,413,000-1
Compañía Cervecerías Unidas S.A. (1)
Chile
Bond M
898 28/06/2018
Chile
UF
55,622
246,436
302,058
Semiannual
1.60
91,041,000-8
Viña San Pedro Tarapacá S.A. (2)
Chile
Bond D
986 12/12/2019
Chile
UF
89,699
157,022
246,721
Semiannual
1.00
Total
 
 
 
 
 
 
1,820,355
6,267,275
8,087,630
 
 
(
1) This obligation is hedged by a Cross Currency Interest Rate Swap agreement.
Note 7 – Financial instruments
.
(2
) This obligation is partially hedged by a Cross Currency Interest Rate Swap agreement.
Note 7 – Financial instruments
.
(*)
The amount based on the undiscounted contractual flows is found in
Note 5 – Risk administration
.
 
 
As of
December 31, 2020
:
 
 
 
 
 
 
 
 
Maturity (*)
 
 
 
Debtor Tax ID
Company
Debtor

country
Lending party

Tax ID
Creditor name
Creditor

country
Currency
0 to 3 months
3 months to 1 year
Total
Type of

amortization
Interest

Rate
 
 
 
 
 
 
 
ThCh$
ThCh$
ThCh$
 
(%)
Bank borrowings
 
 
 
 
 
 
 
 
 
 
76.035.409-0
Cervecera Guayacán SpA.
Chile
76.645.030-K
Banco Itaú Corpbanca
Chile
UF
1,357
4,071
5,428
Monthly
4.87
76.337.371-1
Bebidas CCU-PepsiCo SpA.
Chile
97.018.000-1
Scotiabank Chile
Chile
CLP
8,179
-
8,179
At maturity
3.20
90.413.000-1
Compañía Cervecerías Unidas S.A.
Chile
97.030.000-7
Banco del Estado de Chile
Chile
CLP
-
324,308
324,308
At maturity
4.56
91.041.000-8
Viña San Pedro Tarapacá S.A.
Chile
97.030.000-7
Banco del Estado de Chile
Chile
CLP
-
10,926,400
10,926,400
At maturity
2.20
91.041.000-8
Viña San Pedro Tarapacá S.A.
Chile
76.645.030-K
Banco Itaú Corpbanca
Chile
USD
-
42,899
42,899
At maturity
3.64
91.041.000-8
Viña San Pedro Tarapacá S.A.
Chile
97.018.000-1
Scotiabank Chile
Chile
USD
-
10,796,220
10,796,220
At maturity
1.98
91.041.000-8
Viña San Pedro Tarapacá S.A. (1)
Chile
97.018.000-1
Scotiabank Chile
Chile
USD
3,650
8,247,020
8,250,670
At maturity
1.20
96.981.310-6
Cervecería Kunstmann S.A.
Chile
97.004.000-5
Banco de Chile
Chile
CLP
44,827
2,000,000
2,044,827
At maturity
4.92
96.981.310-6
Cervecería Kunstmann S.A.
Chile
76.645.030-K
Banco Itaú Corpbanca
Chile
CLP
-
2,014,896
2,014,896
At maturity
3.83
96.981.310-6
Cervecería Kunstmann S.A.
Chile
97.018.000-1
Scotiabank Chile
Chile
CLP
-
1,008,444
1,008,444
At maturity
4.00
96.981.310-6
Cervecería Kunstmann S.A.
Chile
97.018.000-1
Scotiabank Chile
Chile
CLP
-
1,667,569
1,667,569
Semiannual
3.45
96.981.310-6
Cervecería Kunstmann S.A.
Chile
97.018.000-1
Scotiabank Chile
Chile
CLP
28,661
-
28,661
At maturity
3.95
99.586.280-8
Compañía Pisquera de Chile S.A.
Chile
97.030.000-7
Banco del Estado de Chile
Chile
CLP
326,560
-
326,560
At maturity
4.68
0-E
Sáenz Briones & Cía. S.A.I.C.
Argentina
0-E
Banco Citibank
Argentina
ARS
966
-
966
At maturity
34.75
0-E
Bebidas Bolivianas BBO S.A.
Bolivia
0-E
Banco Mercantil Santa Cruz S.A.
Bolivia
BOB
61,176
-
61,176
Quarterly
5.00
0-E
Bebidas Bolivianas BBO S.A.
Bolivia
0-E
Banco Mercantil Santa Cruz S.A.
Bolivia
BOB
35,693
-
35,693
Quarterly
5.00
0-E
Bebidas Bolivianas BBO S.A.
Bolivia
0-E
Banco Mercantil Santa Cruz S.A.
Bolivia
BOB
8,821
-
8,821
Semiannual
5.95
0-E
Milotur S.A.
Uruguay
0-E
Banco Itaú
Uruguay
UI
202,988
-
202,988
Monthly
4.80
Total
 
 
 
 
 
 
722,878
37,031,827
37,754,705
 
 
(
1) This obligation is hedged by a Cross Currency Interest Rate Swap agreement.
Note 7 – Financial instruments
.
(*)
The amount based on the undiscounted contractual flows is found in
Note 5 – Risk administration
.
 
Debtor Tax ID
Company
De
btor

country
Registration
ID No. Instrument
Creditor

country
Currency
Maturity (*)
 
 
 
0 to 3 months
3 months to 1 year
Total
Type of

amortization
Interest

Rate
ThCh$
ThCh$
ThCh$
 
(%)
Bonds payable
 
 
 
 
 
 
 
 
 
 
90.413.000-1
Compañía Cervecerías Unidas S.A. (1)
Chile
Bond H
573 23/03/2009
Chile
UF
3,260,702
2,625,046
5,885,748
Semiannual
4.25
90.413.000-1
Compañía Cervecerías Unidas S.A. (1)
Chile
Bond J
898 28/06/2018
Chile
UF
976,885
3,482
980,367
Semiannual
2.90
90.413.000-1
Compañía Cervecerías Unidas S.A. (1)
Chile
Bond L
897 28/06/2018
Chile
UF
52,828
247,413
300,241
Semiannual
1.20
90.413.000-1
Compañía Cervecerías Unidas S.A. (1)
Chile
Bond M
898 28/06/2018
Chile
UF
52,355
236,335
288,690
Semiannual
1.60
91.041.000-8
Viña San Pedro Tarapacá S.A.
Chile
Bond D
986 12/12/2019
Chile
UF
49,346
186,631
235,977
Semiannual
1.00
Total
 
 
 
 
 
 
4,392,116
3,298,907
7,691,023
 
 
(
1) This obligation is hedged by a Cross Currency Interest Rate Swap agreement.
Note 7 – Financial instruments
.
(*)
The amount based on the undiscounted contractual flows is found in
Note 5 – Risk administration
.
 
Disclosure Of Non Current Loans And Financial Obligations [Text Block]
Non-current loan and financial obligation
 
As of
December 31, 2021
:
 
 
 
 
 
 
 
 
Maturity (*)
 
 
 
Debtor Tax ID
Company
Debtor

country
Lending

party Tax ID
Creditor name
Creditor

country
Currency
Over 1 year to

3 years
Over 3 years to 5 years
Over 5 years
Total
Type of

amortization
Interest

Rate
 
 
 
 
 
 
 
ThCh$
ThCh$
ThCh$
ThCh$
 
(%)
Bank borrowings
 
 
 
 
 
 
 
 
 
 
 
76.035.409-0
Cervecera Guayacán SpA.
Chile97.004.000-5
Banco de Chile
ChileUF
11,370
11,370
34,210
56,950
Monthly
3.39
76.035.409-0
Cervecera Guayacán SpA.
Chile97.004.000-5
Banco de Chile
ChileUF
17,414
17,414
69,268
104,096
Monthly
5.65
76.337.371-1
Bebidas CCU-PepsiCo SpA.
Chile97.018.000-1
Scotiabank Chile
ChileCLP
999,642
-
-
999,642
At maturity
3.20
90.413.000-1
Compañía Cervecerías Unidas S.A.
Chile97.018.000-1
Scotiabank Chile
ChileCLP
89,872,000
-
-
89,872,000
At maturity
5.70
96.981.310-6
Cervecería Kunstmann S.A.
Chile97.030.000-7
Banco del Estado de Chile
ChileCLP
2,000,000
-
-
2,000,000
At maturity
1.60
96.981.310-6
Cervecería Kunstmann S.A.
Chile97.030.000-7
Banco del Estado de Chile
ChileCLP
1,000,000
-
-
1,000,000
At maturity
1.60
96.981.310-6
Cervecería Kunstmann S.A.
Chile97.018.000-1
Scotiabank Chile
ChileCLP
3,299,984
1,651,429
-
4,951,413
Semiannual
3.45
96.981.310-6
Cervecería Kunstmann S.A.
Chile97.018.000-1
Scotiabank Chile
ChileCLP
-
2,986,511
-
2,986,511
At maturity
3.95
0-E
Bebidas Bolivianas BBO S.A.
Bolivia0-E
Banco Mercantil Santa Cruz S.A.
BoliviaBOB
1,012,802
1,350,402
1,799,565
4,162,769
Quarterly
5.00
0-E
Bebidas Bolivianas BBO S.A.
Bolivia0-E
Banco Mercantil Santa Cruz S.A.
BoliviaBOB
3,134,706
4,179,607
1,044,902
8,359,215
Quarterly
5.00
Total
 
 
 
 
 
 
101,347,918
10,196,733
2,947,945
114,492,596
 
 
(*)
The amount based on the undiscounted contractual flows is found in
Note 5 – Risk administration
.
 
 
 
 
 
 
 
 
Maturity (*)
 
 
 
Debtor Tax ID
Company
Debtor

country
Registration
ID No. Instrument
Creditor

country
Currency
Over 1 year to 3 years
Over 3 years to

5 years
Over 5 years
Total
Type of

amortization
Interest

Rate
 
 
 
 
 
 
 
ThCh$
ThCh$
ThCh$
ThCh$
 
(%)
Bonds payable
 
 
 
 
 
 
 
 
 
 
 
90,413,000-1
Compañía Cervecerías Unidas S.A.
ChileBond H
573
23/03/2009
ChileUF
11,228,960
11,228,960
19,656,626
42,114,546
Semiannual
4.25
90,413,000-1
Compañía Cervecerías Unidas S.A. (1)
ChileBond J
898
28/06/2018
ChileUF
8,690
8,690
93,059,342
93,076,722
Semiannual
2.90
90,413,000-1
Compañía Cervecerías Unidas S.A. (1)
ChileBond L
897
28/06/2018
ChileUF
403,668
46,891,278
46,588,059
93,883,005
Semiannual
1.20
90,413,000-1
Compañía Cervecerías Unidas S.A. (1)
ChileBond M
898
28/06/2018
ChileUF
444,974
444,974
62,771,570
63,661,518
Semiannual
1.60
91,041,000-8
Viña San Pedro Tarapacá S.A. (2)
ChileBond D
986
12/12/2019
ChileUF
418,726
46,585,897
-
47,004,623
Semiannual
1.00
Total
 
 
 
 
 
 
12,505,018
105,159,799
222,075,597
339,740,414
 
 
(
1) This obligation is hedged by a Cross Currency Interest Rate Swap agreement.
Note 7 – Financial instruments
.
(2
) This obligation is partially hedged by a Cross Currency Interest Rate Swap agreement.
Note 7 – Financial instruments
.
(*)
The amount based on the undiscounted contractual flows is found in
Note 5 – Risk administration
.
As of
December 31, 2020
:
 
 
 
 
 
 
 
 
Maturity (*)
 
 
 
Debtor Tax

ID
Company
Debtor

country
Lending

party Tax ID
Creditor name
Creditor

country
Currency
Over 1 year to

3 years
Over 3 years

to 5 years
Over 5 years
Total
Type of

amortization
Interest

Rate
 
 
 
 
 
 
 
ThCh$
ThCh$
ThCh$
ThCh$
 
(%)
Bank borrowings
 
 
 
 
 
 
 
 
 
 
 
76.035.409-0
Cervecera Guayacán SpA.
Chile
76.645.030-K
Banco Itaú Corpbanca
Chile
UF
10,856
10,856
36,172
57,884
Monthly
4.87
76.337.371-1
Bebidas CCU-PepsiCo SpA.
Chile
97.018.000-1
Scotiabank Chile
Chile
CLP
997,111
-
-
997,111
At maturity
3.20
90.413.000-1
Compañía Cervecerías Unidas S.A.
Chile
97.030.000-7
Banco del Estado de Chile
Chile
CLP
39,978,565
-
-
39,978,565
At maturity
4.56
91.041.000-8
Viña San Pedro Tarapacá S.A.
Chile
76.645.030-K
Banco Itaú Corpbanca
Chile
USD
9,945,156
-
-
9,945,156
At maturity
3.64
96.981.310-6
Cervecería Kunstmann S.A.
Chile
97.018.000-1
Scotiabank Chile
Chile
CLP
3,300,000
3,301,389
-
6,601,389
Semiannual
3.45
96.981.310-6
Cervecería Kunstmann S.A.
Chile
97.018.000-1
Scotiabank Chile
Chile
CLP
-
2,980,819
-
2,980,819
At maturity
3.95
99.586.280-8
Compañía Pisquera de Chile S.A.
Chile
97.030.000-7
Banco del Estado de Chile
Chile
CLP
16,000,000
-
-
16,000,000
At maturity
4.68
0-E
Bebidas Bolivianas BBO S.A.
Bolivia
0-E
Banco Mercantil Santa Cruz S.A.
Bolivia
BOB
985,409
1,751,838
766,429
3,503,676
Quarterly
5.00
0-E
Bebidas Bolivianas BBO S.A.
Bolivia
0-E
Banco Mercantil Santa Cruz S.A.
Bolivia
BOB
2,638,387
4,397,310
-
7,035,697
Quarterly
5.00
0-E
Bebidas Bolivianas BBO S.A.
Bolivia
0-E
Banco Mercantil Santa Cruz S.A.
Bolivia
BOB
1,051,103
-
-
1,051,103
Semiannual
5.95
Total
 
 
 
 
 
 
74,906,587
12,442,212
802,601
88,151,400
 
 
(*) The amount based on the undiscounted contractual flows is found in  
Note 5 – Risk administration.
 
 
 
 
 
 
 
 
Mat
urity (*)
 
 
 
Debtor Tax

ID
Company
Debtor

country
Registration
ID No. Instrument
Creditor

country
Currency
Over 1 year to

3 years
Over 3 years

to 5 years
Over 5 years
Total
Type of

amortization
Interest

Rate
 
 
 
 
 
 
 
ThCh$
ThCh$
ThCh$
ThCh$
 
(%)
Bonds payable
 
 
 
 
 
 
 
 
 
 
 
90.413.000-1
Compañía Cervecerías Unidas S.A. (1)
Chile
Bond H
573 23/03/2009
Chile
UF
10,529,882
10,539,626
23,754,354
44,823,862
Semiannual
4.25
90.413.000-1
Compañía Cervecerías Unidas S.A. (1)
Chile
Bond J
898 28/06/2018
Chile
UF
9,244
9,255
87,292,422
87,310,921
Semiannual
2.90
90.413.000-1
Compañía Cervecerías Unidas S.A. (1)
Chile
Bond L
897 28/06/2018
Chile
UF
428,496
44,034,575
43,908,966
88,372,037
Semiannual
1.20
90.413.000-1
Compañía Cervecerías Unidas S.A. (1)
Chile
Bond M
898 28/06/2018
Chile
UF
424,658
425,238
59,078,988
59,928,884
Semiannual
1.60
91.041.000-8
Viña San Pedro Tarapacá S.A.
Chile
Bond D
986 12/12/2019
Chile
UF
417,245
43,872,507
-
44,289,752
Semiannual
1.00
Total
 
 
 
 
 
 
11,809,525
98,881,201
214,034,730
324,725,456
 
 
(
1) This obligation is hedged by a Cross Currency Interest Rate Swap agreement.
Note 7 - Financial instruments
.
(*)  
The amount based on the undiscounted contractual flows is found in
Note 5 - Risk administration
.
Disclosure Of Loans And Financial Obligations Classified By Type Of Foreign Currency And Interest Rate [Text Block]
Debts and financial liabilities are stated in several currencies and accrue fixed and variable interest rates. These obligations classified by currency and interest type (excluding the effect of cross currency interest rate swap agreements) are detailed as follows:
 
 
As of December 31, 2021
As of December 31, 2020
Fixed Interest Rate
Variable Interest

Rate
Fixed Interest

Rate
Variable Interest

Rate
ThCh$
ThCh$
ThCh$
ThCh$
US Dollar
12,405,293
-
20,784,275
8,250,670
Chilean Pesos
162,884,754
-
84,907,728
-
Argentinean Pesos
2,128,801
-
966
-
Unidades de Fomento (*)
348,003,482
-
332,479,791
-
Unidad indexada (**)
-
-
202,988
-
Bolivian
13,067,514
-
11,696,166
-
Total
538,489,844
-
450,071,914
8,250,670
(*) The Unidad de Fomento (UF) is a Chilean inflation-indexed, Chilean peso-denominated monetary unit. The UF rate us set daily in advance based on changes in the previous month’s inflation rate.
(**) The unidad Indexada (UI) is an Uruguayan inflation-indexed, Uruguayan peso-denominated monetary unit. The UI rate is set daily in advance based on changes in the previous month’s inflation rate.