EX-2 5 ex2.htm ex2

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Exhibit 2: Consolidated Income Statement      
(Six Months Ended June 30)      
                       
    Ch$ millions       US$ millions (1)      
    YTD June 02 YTD June 03   % Change   YTD June 02 YTD June 03   % Change  
                       
Revenues   132.773 124.399   -6,3%   193,0 177,9   -7,8%  
COGS   (115.811) (107.749)   -7,0%   (168,3) (154,1)   -8,4%  
Gross Income   16.962 16.650   -1,8%   24,7 23,8   -3,4%  
Gross Margin   12,8% 13,4%   -   12,8% 13,4%   -  
SG&A   (12.922) (11.087)   -14,2%   (18,8) (15,9)   -15,6%  
% sales   9,7% 8,9%   -   9,7% 8,9%   -  
Operating Income   4.040 5.562   37,7%   5,9 8,0   35,5%  
Operating Margin   3,0% 4,5%   -   3,0% 4,5%   -  
Financial Income   871 605   -30,5%   1,3 0,9   -31,6%  
Equity in Earning (Losses) of Related Companies   180 13   -92,5%   0,3 0,0   -92,6%  
Other non-Operating Income   80 340   325,6%   0,1 0,5   318,8%  
Financial Expenses   (9.849) (7.502)   -23,8%   (14,3) (10,7)   -25,0%  
Positive Goodwill Amortization   (1.157) (1.113)   -3,7%   (1,7) (1,6)   -5,3%  
Other non-Operating Expenses   (3.995) (1.987)   -50,3%   (5,8) (2,8)   -51,1%  
Price-level Restatement   (9.563) (514)   -94,6%   (13,9) (0,7)   -94,7%  
Non-Operating Results   (23.432) (10.156)   -56,7%   (34,1) (14,5)   -57,3%  
Income (Loss) Before Income Taxes   (19.393) (4.594)   -76,3%   (28,2) (6,6)   -76,7%  
Income Tax   (731) (516)   -29,4%   (1,1) (0,7)   -30,5%  
Extraordinary Items         N/A   0,0 0,0   N/A  
Minority Interest   2.370 28   -98,8%   3,4 0,0   -98,9%  
Negative Goodwill Amortization   11 3   -76,5%   0,0 0,0   -76,9%  
Net Income (Loss)   (17.742) (5.080)   -71,4%   (25,8) (7,3)   -71,8%  
                       
1 Exchange rate on June 2002 US$1.00 = 699,12                      
Exchange rate on June 2001 US$1.00 = 688,05                      
                       

Última actualización 29-08-2003
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