| PROPERTY, PLANT, AND EQUIPMENT |
11 – PROPERTY, PLANT, AND EQUIPMENT The breakdown of property, plant, and equipment at the end of each period is as follows: | | | | | Property, plant and equipment, gross | | 12.31.2025 | | 12.31.2024 | | | ThCh$ | | ThCh$ | Construction in progress | | 71,046,048 | | 128,215,798 | Land | | 169,299,053 | | 123,895,947 | Buildings | | 462,387,416 | | 436,959,682 | Plant and equipment | | 979,677,819 | | 883,485,697 | Information technology equipment | | 42,776,522 | | 38,690,860 | Fixed installations and accessories | | 61,907,492 | | 79,376,966 | Vehicles | | 100,693,925 | | 93,948,092 | Leasehold improvements | | 456,829 | | 417,335 | Right of use | | 110,230,009 | | 101,789,265 | Other property, plant, and equipment (1) | | 538,439,121 | | 591,042,877 | Total gross property, plant and equipment | | 2,536,914,234 | | 2,477,822,519 |
| | | | | Accumulated depreciation of Property, plant and equipment | | 12.31.2025 | | 12.31.2024 | | | ThCh$ | | ThCh$ | Buildings | | (158,944,387) | | (154,234,604) | Plant and equipment | | (613,239,881) | | (604,950,321) | Information technology equipment | | (31,367,812) | | (28,031,257) | Fixed installations and accessories | | (38,045,449) | | (51,636,433) | Vehicles | | (61,118,362) | | (58,719,029) | Leasehold improvements | | (421,224) | | (333,299) | Right-of-use | | (78,840,844) | | (66,670,171) | Other property, plant, and equipment (1) | | (375,551,016) | | (415,473,833) | Total accumulated depreciation | | (1,357,528,975) | | (1,380,048,947) | Total net property, plant, and equipment | | 1,179,385,259 | | 1,097,773,572 |
| (1) | The net balance of each of these categories is presented below: |
| | | | | Other property, plant, and equipment, net | | 12.31.2025 | | 12.31.2024 | | | ThCh$ | | ThCh$ | Containers | | 49,435,791 | | 52,405,316 | Promotional and marketing assets (market assets) | | 79,493,295 | | 87,694,964 | Other property, plant, and equipment | | 33,959,019 | | 35,468,764 | Total | | 162,888,105 | | 175,569,044 |
11.1 Movements The details of the movements in Property, plant, and equipment are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fixed | | | | | | | | | | | | | | | | | | | Plant and | | IT | | installations | | | | Leasehold | | | | Rights-of-use | | Property, plant | | | Construction | | | | Buildings, | | equipment, | | equipment, | | and fixtures, | | | | improvements, | | | | assets, | | and equipment, | | | in progress | | Land | | net | | net | | net | | net | | Vehicles, net | | net | | Other | | net (1) | | net | | | ThCh$ | | ThCh$ | | ThCh$ | | ThCh$ | | ThCh$ | | ThCh$ | | ThCh$ | | ThCh$ | | ThCh$ | | ThCh$ | | ThCh$ | Opening balance as of January 1, 2025 | | 128,215,798 | | 123,895,947 | | 282,725,078 | | 278,535,376 | | 10,659,603 | | 27,740,533 | | 35,229,063 | | 84,036 | | 175,569,044 | | 35,119,094 | | 1,097,773,572 | Additions | | 153,726,539 | | 6,833,918 | | 1,937,584 | | 34,166,824 | | 1,821,997 | | 228,399 | | 5,346,923 | | 3,979 | | 57,682,883 | | 112,162 | | 261,861,208 | Additions to rights of use | | — | | — | | — | | — | | — | | — | | — | | — | | — | | 14,866,967 | | 14,866,967 | Expropriations | | — | | (1,304,279) | | (180,482) | | (18,737) | | (332,071) | | (1,129) | | (507,330) | | (77,551) | | (2,613,192) | | (1,492,609) | | (6,527,380) | Transfers between property, plant and equipment items | | (212,563,731) | | 42,192,551 | | 39,191,443 | | 106,172,216 | | 3,249,288 | | 2,064,175 | | 6,584,016 | | 14,303 | | 12,460,788 | | 634,951 | | — | Transfers of rights of use | | — | | — | | — | | — | | — | | — | | — | | — | | — | | — | | — | Depreciation expense | | — | | — | | (12,198,794) | | (43,527,400) | | (3,866,130) | | (3,178,635) | | (7,075,795) | | (29,917) | | (63,936,295) | | — | | (133,812,966) | Amortization | | — | | — | | — | | — | | — | | — | | — | | — | | — | | (15,610,664) | | (15,610,664) | Increase (decrease) in foreign currency exchange | | 2,574,353 | | (2,319,084) | | (7,956,750) | | (5,999,481) | | (258,483) | | (2,991,300) | | (75,085) | | 1,483 | | (11,247,906) | | (2,085,870) | | (30,358,123) | Other increases (decreases) (2) | | (906,911) | | — | | (75,050) | | (2,890,860) | | 134,506 | | — | | 73,771 | | 39,272 | | (5,027,217) | | (154,866) | | (8,807,355) | Total movements | | (57,169,750) | | 45,403,106 | | 20,717,951 | | 87,902,562 | | 749,107 | | (3,878,490) | | 4,346,500 | | (48,431) | | (12,680,939) | | (3,729,929) | | 81,611,687 | Balance at 12.31.2025 | | 71,046,048 | | 169,299,053 | | 303,443,029 | | 366,437,938 | | 11,408,710 | | 23,862,043 | | 39,575,563 | | 35,605 | | 162,888,105 | | 31,389,165 | | 1,179,385,259 |
| (1) | Assets for rights of use are composed as follows: |
| | | | | | | | | | | Accumulated | | | Right-of-use | | Gross asset | | depreciation | | Net asset | | | ThCh$ | | ThCh$ | | ThCh$ | Construction and buildings | | 26,649,116 | | (15,136,605) | | 11,512,511 | Plant and equipment | | 57,140,853 | | (43,275,289) | | 13,865,564 | Information Technology Equipment | | 1,276,895 | | (688,920) | | 587,975 | Motor vehicles | | 20,037,359 | | (14,633,305) | | 5,404,054 | Other | | 5,125,786 | | (5,106,725) | | 19,061 | Total | | 110,230,009 | | (78,840,844) | | 31,389,165 |
Interest expense on lease liabilities at December 31, 2025 amounts to ThCh$ 2,817,626 (2)This mainly corresponds to the effect of applying IAS 29 in Argentina. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fixed | | | | | | | | | | | | | | | | | | | Plant and | | IT | | installations and | | | | Leasehold | | | | Rights-of-use | | Property, plant | | | Construction | | | | | | equipment, | | equipment, | | fixtures, | | | | improvements, | | | | assets, | | and equipment, | | | in progress | | Land | | Buildings, net | | net | | net | | net | | Vehicles, net | | net | | Other | | net (1) | | net | | | ThCh$ | | ThCh$ | | ThCh$ | | ThCh$ | | ThCh$ | | ThCh$ | | ThCh$ | | ThCh$ | | ThCh$ | | ThCh$ | | ThCh$ | Opening balance as of January 1, 2024 | | 96,126,388 | | 115,737,432 | | 225,632,198 | | 214,975,672 | | 9,422,508 | | 15,531,067 | | 33,251,614 | | 69,034 | | 128,351,543 | | 33,291,355 | | 872,388,811 | Additions | | 176,217,015 | | — | | 4,864,795 | | 22,486,660 | | 2,277,835 | | 304,637 | | 8,265,490 | | 9,867 | | 75,744,148 | | — | | 290,170,447 | Additions Rights of use | | — | | — | | — | | — | | — | | — | | — | | — | | — | | 12,348,946 | | 12,348,946 | Expropriations | | — | | (127,759) | | (833,890) | | (297,450) | | (7,002) | | (118,918) | | (480,928) | | — | | (6,204,638) | | (62,786) | | (8,133,371) | Transfers between property, plant and equipment items | | (134,329,091) | | 3,713,656 | | 43,572,212 | | 62,388,806 | | 2,145,890 | | 8,391,578 | | 1,094,118 | | 48,874 | | 13,194,706 | | (220,749) | | — | Transfers of rights of use | | — | | — | | — | | — | | — | | — | | — | | — | | — | | — | | — | Depreciation expense | | — | | — | | (10,722,943) | | (38,015,053) | | (3,989,250) | | (3,348,747) | | (6,710,478) | | (31,229) | | (64,154,852) | | — | | (126,972,552) | Amortization | | — | | — | | — | | — | | — | | — | | — | | — | | — | | (16,452,010) | | (16,452,010) | Increase (decrease) in foreign currency exchange | | 13,620,466 | | 4,572,618 | | 20,338,726 | | 13,733,575 | | 1,036,332 | | 6,980,916 | | (506,611) | | (12,929) | | 35,646,625 | | 5,997,508 | | 101,407,226 | Other increases (decreases) (2) | | (23,418,980) | | — | | (126,020) | | 3,263,166 | | (226,710) | | — | | 315,858 | | 419 | | (7,008,488) | | 216,830 | | (26,983,925) | Total movements | | 32,089,410 | | 8,158,515 | | 57,092,880 | | 63,559,704 | | 1,237,095 | | 12,209,466 | | 1,977,449 | | 15,002 | | 47,217,501 | | 1,827,739 | | 225,384,761 | Balance at December 31, 2024 | | 128,215,798 | | 123,895,947 | | 282,725,078 | | 278,535,376 | | 10,659,603 | | 27,740,533 | | 35,229,063 | | 84,036 | | 175,569,044 | | 35,119,094 | | 1,097,773,572 |
| (1) | Assets for rights of use are composed as follows: |
| | | | | | | | | | | Accumulated | | | Right-of-use | | Gross asset | | depreciation | | Net asset | | | ThCh$ | | ThCh$ | | ThCh$ | Construction and buildings | | 24,518,751 | | (10,751,991) | | 13,766,760 | Plant and equipment | | 55,846,552 | | (38,939,105) | | 16,907,447 | Information Technology Equipment | | 999,207 | | (631,045) | | 368,162 | Motor vehicles | | 14,696,107 | | (10,646,117) | | 4,049,990 | Other | | 5,728,648 | | (5,701,913) | | 26,735 | Total | | 101,789,265 | | (66,670,171) | | 35,119,094 |
Interest expense on lease liabilities at December 31, 2024 period amounts to ThCh$ 3,277,261 | (2) | This mainly corresponds to the effect of applying IAS 29 in Argentina. |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fixed facilities | | | | | | | | | | | | | | | | | | | Plant and | | IT | | and | | | | Leasehold | | | | | | Property, plant | | | Construction | | | | | | equipment, | | equipment, | | accessories, | | | | improvements, | | | | Rights-of-use, | | and equipment, | | | in progress | | Land | | Buildings, net | | net | | net | | net | | Vehicles, net | | net | | Others | | net (1) | | net | | | ThCh$ | | ThCh$ | | ThCh$ | | ThCh$ | | ThCh$ | | ThCh$ | | ThCh$ | | ThCh$ | | ThCh$ | | ThCh$ | | ThCh$ | Opening balance at 01.01.2023 | | 49,169,567 | | 104,906,878 | | 220,452,589 | | 194,082,859 | | 7,735,547 | | 25,741,063 | | 31,158,954 | | 80,186 | | 144,297,623 | | 20,595,993 | | 798,221,259 | Additions | | 100,905,107 | | 11,316,009 | | 1,266,472 | | 37,341,985 | | 1,081,074 | | 6,248 | | 3,804,000 | | 22,935 | | 41,756,709 | | — | | 197,500,539 | Right-of use additions | | — | | — | | — | | — | | — | | — | | — | | — | | — | | 25,119,021 | | 25,119,021 | Disposals | | — | | — | | (6,707) | | (292,766) | | (1,365) | | — | | (42,333) | | — | | (1,431,798) | | (174,444) | | (1,949,413) | Transfers between items of Property, plant and equipment | | (57,285,699) | | — | | 9,985,619 | | 21,285,201 | | 2,279,728 | | 2,148,709 | | 2,511,373 | | — | | 18,399,131 | | 675,938 | | — | Right-of-use transfers | | — | | — | | — | | — | | — | | — | | — | | — | | — | | — | | — | Depreciation expense | | — | | — | | (9,175,999) | | (29,999,476) | | (3,048,237) | | (1,903,192) | | (5,692,021) | | (46,176) | | (46,855,960) | | — | | (96,721,061) | Amortization | | — | | — | | — | | — | | — | | — | | — | | — | | — | | (11,005,033) | | (11,005,033) | Increase (decrease) due to foreign currency translation differences | | 95,202 | | (485,959) | | (4,295,531) | | (2,173,388) | | 311,883 | | (3,243,921) | | 898,032 | | 4,474 | | (16,326,501) | | 56,926 | | (25,158,783) | Other increase (decrease) (2) | | 3,242,211 | | 504 | | 7,405,755 | | (5,268,743) | | 1,063,878 | | (7,217,840) | | 613,609 | | 7,615 | | (11,487,661) | | (1,977,046) | | (13,617,718) | Total movements | | 46,956,821 | | 10,830,554 | | 5,179,609 | | 20,892,813 | | 1,686,961 | | (10,209,996) | | 2,092,660 | | (11,152) | | (15,946,080) | | 12,695,362 | | 74,167,552 | Ending balance at 12.31.2023 | | 96,126,388 | | 115,737,432 | | 225,632,198 | | 214,975,672 | | 9,422,508 | | 15,531,067 | | 33,251,614 | | 69,034 | | 128,351,543 | | 33,291,355 | | 872,388,811 |
(1)Right of use assets is composed as follows: | | | | | | | | | | | Accumulated | | | Right-of-use | | Gross asset | | depreciation | | Net asset | | | ThCh$ | | ThCh$ | | ThCh$ | Constructions and buildings | | 16,246,384 | | (6,883,481) | | 9,362,903 | Plant and Equipment | | 52,431,352 | | (35,679,624) | | 16,751,728 | IT equipment | | 1,155,261 | | (1,030,250) | | 125,011 | Motor vehicles | | 22,051,973 | | (15,132,557) | | 6,919,416 | Others | | 8,380,181 | | (8,247,884) | | 132,297 | Total | | 100,265,151 | | (66,973,796) | | 33,291,355 |
Lease liabilities interest expenses as of December 2023 was ThCh$ 2,616,945 | (2) | Corresponds mainly to the effect of adopting IAS 29 in Argentina. |
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