| CURRENT AND NON-CURRENT EMPLOYEE BENEFITS |
13 – CURRENT AND NON-CURRENT EMPLOYEE BENEFITS Employee benefits are detailed as follows: | | | | | Description | | 12.31.2025 | | 12.31.2024 | | | ThCh$ | | ThCh$ | Accrued vacation | | 30,398,649 | | 30,444,390 | Participation in profits and bonuses | | 40,149,627 | | 44,107,101 | Severance indemnity | | 20,938,989 | | 17,976,164 | Total | | 91,487,265 | | 92,527,655 |
| | | | | | | ThCh$ | | ThCh$ | Current | | 68,363,971 | | 72,367,187 | Non-current | | 23,123,294 | | 20,160,468 | Total | | 91,487,265 | | 92,527,655 |
13.1 Severance indemnities The movements in employee benefits, valued in accordance with note 2, are as follows: | | | | | Movements | | 12.31.2025 | | 12.31.2024 | | | ThCh$ | | ThCh$ | Opening balance | | 17,976,164 | | 16,289,643 | Service costs | | 1,022,593 | | 1,191,938 | Interest costs | | 824,574 | | 895,043 | Actuarial variations | | 2,181,453 | | 1,445,044 | Benefits paid | | (1,065,795) | | (1,845,504) | Total | | 20,938,989 | | 17,976,164 |
13.1.1 Assumptions The actuarial assumptions used are detailed as follows: | | | | | | Assumptions | | 12.31.2025 | | 12.31.2024 | | | | | | | | Discount rate | | 2.30 | % | 2.15 | % | Expected salary increase rate | | 2.0 | % | 2.0 | % | Turnover rate | | 5.23 | % | 7.53 | % | Mortality rate | | RV-2020 | | RV-2020 | | Retirement age for women | | 60 years | | 60 years | | Retirement age for men | | 65 years | | 65 years | |
The result of changes in severance indemnities resulting from the sensitization of the actuarial assumptions at the valuation date is presented below: | | | Sensitivity to discount rate | | ThCh$ | | | | Variation in the provision due to an increase of up to 100 basis points | | (1,003,932) | Variation in the provision for a decrease of up to 100 basis points | | 1,136,893 | | | | Sensitivity to salary increase | | ThCh$ | | | | Variation in the provision due to an increase of up to 100 basis points | | 1,219,322 | Variation in the provision for a decrease of up to 100 basis points | | (1,088,738) |
13.2 Employee expenses Employee expenses included in the consolidated income are as follows: | | | | | | | Description | | 12.31.2025 | | 12.31.2024 | | 12.31.2023 | | | ThCh$ | | ThCh$ | | ThCh$ | Wages and salaries | | 352,419,150 | | 357,921,430 | | 266,893,173 | Employee benefits | | 101,100,686 | | 96,408,881 | | 83,260,379 | Severance benefits | | 7,755,088 | | 7,338,126 | | 6,290,886 | Other personnel expenses | | 30,244,241 | | 27,988,279 | | 22,037,675 | Total | | 491,519,165 | | 489,656,716 | | 378,482,113 |
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