CONCHA Y TORO WINERY INC

CIK:0000930543|SEC Filings

Statements of Operations - CLP ($) $ in Thousands	12 Months Ended
Statements of Operations - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Profit or loss [abstract]
Revenue	$ 614,128,905	$ 613,515,357	$ 628,572,029
Cost of sales	(409,542,596)	(412,079,217)	(412,381,871)
Gross profit	204,586,309	201,436,140	216,190,158
Other income	8,549,635	7,631,410	8,661,903
Distribution costs	(114,151,288)	(113,007,625)	(121,037,484)
Administrative expenses	(34,975,242)	(31,110,407)	(31,562,168)
Other expenses by function	(4,002,077)	(3,037,270)	(2,067,273)
Profit from operating activities	60,007,337	61,912,248	70,185,136
Finance income	924,066	570,531	970,651
Finance costs	(11,647,790)	(9,985,677)	(10,305,449)
Share of profit (loss) of associates and joint ventures accounted for using the equity method	2,578,197	3,254,601	4,511,072
Foreign currency translation differences	10,648,800	8,586,953	749,876
Income (expense) from indexed-adjusted units	(1,015,159)	(628,448)	(39,279)
Profit before tax	61,495,451	63,710,208	66,072,007
Income tax expense	(11,394,118)	(11,876,809)	(16,806,562)
Profit from continuing operations	50,101,333	51,833,399	49,265,445
Profit	50,101,333	51,833,399	49,265,445
Profit attributable to:
Profit attributable to owners of the Parent	49,111,118	51,417,649	48,666,950
Profit (loss) attributable to non-controlling interests	990,215	415,750	598,495
Net profit	$ 50,101,333	$ 51,833,399	$ 49,265,445
Earnings per share
Basic and diluted earnings per share	$ 65.74	$ 68.83	$ 65.15
Basic earning as per share	$ 65.74	$ 68.83	$ 65.15

Statements of Cash Flows - CLP ($) $ in Thousands	12 Months Ended
Statements of Cash Flows - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Cash flows from (used in) operating activities
Receipts from sales of goods and rendering of services	$ 763,155,449	$ 680,283,192	$ 621,129,885
Payments to suppliers for the supply of goods and services	(621,361,219)	(539,211,914)	(475,455,623)
Payments to and on behalf of employees	(79,790,690)	(76,148,825)	(73,083,518)
Dividends paid	(18,439,630)	(20,630,615)	(20,708,589)
Interest received	987,260	469,137	573,302
Income taxes (paid) refund	(15,271,530)	(25,289,189)	(10,191,807)
Other inflows (outflows) of cash	6,995,065	525,488	1,604,009
Net cash flows from (used in) operating activities	36,274,705	19,997,274	43,867,659
Cash flows from (used in) investing activities
Other cash payments to acquire equity or debt instruments of other entities	(12,831,000)	(5,764,690)	0
Loans granted to related parties	0	(27,000)	0
Proceeds from sales of property, plant and equipment	31,491	2,174,636	10,058,410
Purchase of property, plant and equipment	(26,413,695)	(47,629,585)	(42,226,901)
Purchases of intangible assets	(2,051,819)	(2,479,369)	(2,679,130)
Proceeds from Government grants	150,555	150,074	74,508
Cash receipts from related parties	0	53,294	0
Dividends received	1,019,296	2,089,465	4,536,056
Net cash flows from (used in) investing activities	(40,095,172)	(51,433,175)	(30,237,057)
Cash flows from (used in) financing activities
Proceeds from long-term borrowings	31,596,338	0	0
Proceeds from short-term borrowings	126,742,148	130,860,473	97,374,091
Repayment of borrowings	(142,308,695)	(105,071,536)	(83,421,049)
Payments of finance lease liabilities	(67,801)	(53,029)	0
Interest paid	(8,287,629)	(9,427,606)	(8,187,527)
Other inflows (outflows) of cash	11,492	2,787	27,437
Net cash flows from (used in) financing activities	7,685,853	16,311,089	5,792,952
Net increase (decrease) in cash and cash equivalents before the effect of exchange rate changes	3,865,386	(15,124,812)	19,423,554
Effects of exchange rate changes on cash and cash equivalents	2,458,605	(926,359)	(2,845,221)
Net increase (decrease) in cash and cash equivalents	6,323,991	(16,051,171)	16,578,333
Cash and cash equivalents at the beginning of period	31,162,346	47,213,517	30,635,184
Cash and cash equivalents at the end of period	$ 37,486,337	$ 31,162,346	$ 47,213,517

Balance Sheets - CLP ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Current assets
Cash and cash equivalents	$ 37,486,337	$ 31,162,346
Other current financial assets	8,275,354	10,265,207
Other current non-financial assets	6,340,765	6,935,589
Trade and other accounts receivable	190,675,390	187,422,436
Trade receivables due from related parties, current	2,581,328	11,379,684
Inventories	277,389,786	235,733,091
Current biological assets	20,782,597	18,949,252
Current tax assets, current	24,283,220	30,059,783
Total current assets other than those assets or group of assets for disposal classified as held for sale or held to distribute to owners	567,814,777	531,907,388
Non-current assets held for sale	31,092	0
Total current assets	567,845,869	531,907,388
Non-current assets
Other non-current financial assets	25,741,638	25,591,638
Other non-current non-financial assets	3,379,836	4,227,938
Non-current receivables	693,696	742,414
Investments accounted for using equity method	21,262,939	21,819,709
Intangible assets other than goodwill	47,719,373	43,426,623
Goodwill	69,028,561	31,021,819
Property, plant and equipment	391,263,749	381,736,948
Deferred tax assets	19,232,446	16,352,110
Total non-current assets	578,322,238	524,919,199
Total Assets	1,146,168,107	1,056,826,587
Current liabilities
Other current financial liabilities	129,222,021	140,452,483
Trade and other accounts payable	124,333,481	120,753,782
Trade payables due to related parties, current	5,777,642	7,361,779
Other short-term provisions	24,407,046	17,420,500
Current tax liabilities, current	12,540,564	18,813,566
Current provisions for employee benefits	16,216,767	15,074,953
Other current non-financial liabilities	770,158	815,077
Total current liabilities other than liabilities included in groups of assets for disposal classified as held for sale	313,267,679	320,692,140
Total current liabilities	313,267,679	320,692,140
Non-current liabilities
Other non-current financial liabilities	191,209,617	127,810,125
Trade payables due to related parties, non-current	300,937	292,555
Deferred tax liabilities	63,966,069	59,266,143
Non-current provisions for employee benefits	2,867,500	2,829,938
Other non-current non-financial liabilities	2,403,061	595,435
Total non-current liabilities	260,747,184	190,794,196
Total Liabilities	574,014,863	511,486,336
Equity
Issued capital	84,178,790	84,178,790
Retained earnings	481,812,864	450,031,184
Other reserves	2,330,314	8,263,848
Equity attributable to Owners of the Parent	568,321,968	542,473,822
Non-controlling interests	3,831,276	2,866,429
Total equity	572,153,244	545,340,251
Total liabilities and equity	$ 1,146,168,107	$ 1,056,826,587