​

  ​ ​ ​

​

​

​

​

​

​

​

​

​

​

​

​

​

Operation in

​

Operation in

​

Operation in

​

Operation in

​

Inter-segment

​

Consolidated

For the period ended December 31, 2025

  ​ ​ ​

Chile

  ​ ​ ​

Argentina

  ​ ​ ​

Brazil

  ​ ​ ​

Paraguay

  ​ ​ ​

eliminations

  ​ ​ ​

total

​

​

ThCh$

​

ThCh$

​

ThCh$

​

ThCh$

​

ThCh$

​

ThCh$

Net sales

1,319,136,024

​

743,463,364

​

976,907,746

​

314,659,686

​

(9,330,969)

​

3,344,835,851

Cost of sales

(871,161,843)

​

(402,209,929)

​

(591,130,936)

​

(182,782,385)

​

9,605,969

​

(2,037,679,124)

Distribution expenses

(105,586,109)

​

(98,103,991)

​

(75,937,785)

​

(17,036,707)

​

—

​

(296,664,592)

Administrative expenses

(215,872,575)

​

(160,414,495)

​

(134,620,377)

​

(44,218,175)

​

—

​

(555,125,622)

Financial income

4,911,713

​

1,776,760

​

10,796,800

​

954,339

​

—

​

18,439,612

Financial costs

(36,486,570)

​

(4,230,018)

​

(27,501,825)

​

—

​

—

​

(68,218,413)

Share of entity in income of associates accounted for using the equity method, total

(881,145)

​

—

​

3,795,041

​

—

​

—

​

2,913,896

Income tax expense

(35,346,977)

​

(27,141,446)

​

(40,009,007)

​

(7,659,497)

​

—

​

(110,156,927)

Other income (expenses)

(22,054,781)

​

(6,610,945)

​

(2,795,601)

​

3,594,061

​

—

​

(27,867,266)

Net income of the segment reported

36,657,737

​

46,529,300

​

119,504,056

​

67,511,322

​

275,000

​

270,477,415

​

​

​

​

​

​

​

​

​

​

​

​

​

Depreciation and amortization

59,720,407

​

43,194,473

​

41,427,158

​

15,174,455

​

(275,000)

​

159,241,493

​

​

​

​

​

​

​

​

​

​

​

​

​

Current assets

560,362,117

​

144,285,504

​

244,460,128

​

83,945,032

​

—

​

1,033,052,781

Non-current assets

899,299,770

​

322,176,655

​

820,894,414

​

344,981,798

​

—

​

2,387,352,637

Segment assets, total

1,459,661,887

​

466,462,159

​

1,065,354,542

​

428,926,830

​

—

​

3,420,405,418

​

​

​

​

​

​

​

​

​

​

​

​

​

Carrying amount in associates accounted for using the equity method, total

45,641,870

​

—

​

41,446,001

​

—

​

—

​

87,087,871

​

​

​

​

​

​

​

​

​

​

​

​

Purchase of property, plant and equipment

​

82,414,851

​

35,767,333

​

122,175,235

​

37,464,796

​

—

​

277,822,215

​

​

​

​

​

​

​

​

​

​

​

​

​

Current liabilities

238,966,685

​

129,772,961

​

301,583,342

​

60,089,529

​

—

​

730,412,517

Non-current liabilities

916,231,359

​

39,559,512

​

516,413,218

​

21,234,964

​

—

​

1,493,439,053

Segment liabilities, total

1,155,198,044

​

169,332,473

​

817,996,560

​

81,324,493

​

—

​

2,223,851,570

​

​

​

​

​

​

​

​

​

​

​

​

​

Cash flows from (used in) operating activities

268,604,567

​

68,620,260

​

91,656,678

​

32,245,897

​

—

​

461,127,402

Cash flows from (used in) investing activities

(80,494,816)

​

(40,041,398)

​

(90,574,347)

​

(37,464,796)

​

—

​

(248,575,357)

Cash flows from (used in) financing activities

(132,802,798)

​

(25,061,467)

​

(3,461,981)

​

(1,085,965)

​

—

​

(162,412,211)

​

​

Operation in

​

Operation in

​

Operation in

​

Operation in

​

Inter-segment

​

Consolidated

For the period ended December 31, 2024

  ​ ​ ​

Chile

  ​ ​ ​

Argentina

  ​ ​ ​

Brazil

  ​ ​ ​

Paraguay

  ​ ​ ​

eliminations

  ​ ​ ​

total

​

​

ThCh$

​

ThCh$

​

ThCh$

​

ThCh$

​

ThCh$

​

ThCh$

Net sales

1,245,017,869

​

798,447,268

​

909,678,045

​

282,065,004

​

(10,975,181)

​

3,224,233,005

Cost of sales

(824,059,469)

​

(428,873,483)

​

(542,292,798)

​

(161,442,839)

​

11,305,181

​

(1,945,363,408)

Distribution expenses

(101,148,705)

​

(106,646,693)

​

(66,879,135)

​

(15,312,475)

​

—

​

(289,987,008)

Administrative expenses

(200,770,283)

​

(180,872,313)

​

(141,148,019)

​

(39,010,598)

​

—

​

(561,801,213)

Financial income

10,879,956

​

(2,505,917)

​

19,571,322

​

1,014,557

​

—

​

28,959,918

Financial costs

(32,598,203)

​

(11,204,328)

​

(26,611,352)

​

—

​

—

​

(70,413,883)

Share of entity in income of associates accounted for using the equity method, total

(2,298,261)

​

—

​

3,295,905

​

—

​

—

​

997,644

Income tax expense

(42,534,666)

​

(35,815,666)

​

(48,040,456)

​

(7,001,858)

​

—

​

(133,392,646)

Other income (expenses)

(26,486,958)

​

7,091,473

​

1,526,372

​

(719,171)

​

—

​

(18,588,284)

Net income of the segment reported

26,001,280

​

39,620,341

​

109,099,884

​

59,592,620

​

330,000

​

234,644,125

​

​

​

​

​

​

​

​

​

​

​

​

​

Depreciation and amortization

51,077,980

​

47,953,737

​

36,388,203

​

16,021,013

​

(330,000)

​

151,110,933

​

​

​

​

​

​

​

​

​

​

​

​

​

Current assets

528,419,153

​

174,373,750

​

224,628,287

​

85,774,550

​

—

​

1,013,195,740

Non-current assets

867,381,313

​

387,082,375

​

728,698,570

​

294,746,275

​

—

​

2,277,908,533

Segment assets, total

1,395,800,466

​

561,456,125

​

953,326,857

​

380,520,825

​

—

​

3,291,104,273

​

​

​

​

​

​

​

​

​

​

​

​

​

Carrying amount in associates accounted for using the equity method, total

​

46,683,997

​

—

​

38,508,713

​

—

​

—

​

85,192,710

​

​

​

​

​

​

​

​

​

​

​

​

Disbursements on segment non-cash assets

105,146,894

​

76,780,061

​

93,640,763

​

15,973,893

​

—

​

291,541,611

​

​

​

​

​

​

​

​

​

​

​

​

​

Current liabilities

426,497,211

​

186,311,088

​

240,103,614

​

53,232,081

​

—

​

906,143,994

Non-current liabilities

923,267,523

​

49,094,282

​

378,537,102

​

19,664,352

​

—

​

1,370,563,259

Segment liabilities, total

1,349,764,734

​

235,405,370

​

618,640,716

​

72,896,433

​

—

​

2,276,707,253

​

​

​

​

​

​

​

​

​

​

​

​

​

Cash flows from (used in) operating activities

237,563,057

​

33,918,565

​

70,270,360

​

15,489,929

​

—

​

357,241,911

Cash flows from (used in) investing activities

(163,677,289)

​

(75,645,230)

​

(34,556,219)

​

(15,973,893)

​

—

​

(289,852,631)

Cash flows from (used in) financing activities

(77,241,755)

​

32,332,916

​

(73,477,219)

​

(1,372,118)

​

—

​

(119,758,176)

​

  ​ ​ ​

Operation in

  ​ ​ ​

Operation in

  ​ ​ ​

Operation in

  ​ ​ ​

Operation in

  ​ ​ ​

Inter-segment

  ​ ​ ​

Consolidated,

For the period ended December 31, 2023

​

Chile

​

Argentina

​

Brazil

​

Paraguay

​

eliminations

​

Total

​

​

ThCh$

​

ThCh$

​

ThCh$

​

ThCh$

​

ThCh$

​

ThCh$

​

​

​

​

​

​

​

​

​

​

​

​

​

Revenues from ordinary activities

​

1,191,974,011

​

460,337,955

​

745,382,614

​

223,840,649

​

(3,098,177)

​

2,618,437,052

Cost of sales

(785,163,742)

​

(234,814,106)

​

(460,648,667)

​

(124,798,917)

​

3,428,177

​

(1,601,997,255)

Distribution expenses

(98,940,612)

​

(60,925,828)

​

(55,074,448)

​

(12,866,291)

​

—

​

(227,807,179)

Administrative expenses

(185,062,364)

​

(98,996,057)

​

(116,836,812)

​

(30,400,282)

​

—

​

(431,295,515)

Financial income

12,892,543

​

8,497,135

​

9,251,681

​

754,808

​

—

​

31,396,167

Financial costs

(31,413,255)

​

(6,174,445)

​

(27,700,652)

​

—

​

—

​

(65,288,352)

Share of entity in income of associates accounted for using the equity method, total

320,225

​

—

​

2,395,944

​

—

​

—

​

2,716,169

Income tax expense

(27,867,269)

​

(25,000,923)

​

(27,122,886)

​

(6,003,229)

​

—

​

(85,994,307)

Oher income (expenses)

(40,422,909)

​

(20,238,217)

​

(1,651,128)

​

(3,343,039)

​

—

​

(65,655,293)

Net income of the segment reported

36,316,628

​

22,685,514

​

67,995,646

​

47,183,699

​

330,000

​

174,511,487

​

​

​

​

​

​

​

​

​

​

​

​

​

Depreciation and amortization

44,930,478

​

23,055,893

​

31,384,619

​

13,730,334

​

(330,000)

​

112,771,324

​

​

​

​

​

​

​

​

​

​

​

​

​

Current assets

537,875,316

​

86,006,922

​

276,111,516

​

81,777,273

​

—

​

981,771,027

Non-current assets

818,222,777

​

192,749,170

​

651,665,020

​

277,112,895

​

—

​

1,939,749,862

Segment assets, total

1,356,098,093

​

278,756,092

​

927,776,536

​

358,890,168

​

—

​

2,921,520,889

​

​

​

​

​

​

​

​

​

​

​

​

​

Carrying amount in associates accounted for using the equity method, total

49,790,788

​

—

​

42,008,479

​

—

​

—

​

91,799,267

​

​

​

​

​

​

​

​

​

​

​

​

​

Segment disbursements of non-monetary assets

​

98,330,718

​

24,421,786

​

50,018,391

​

19,936,603

​

—

​

192,707,498

​

​

​

​

​

​

​

​

​

​

​

​

Current liabilities

256,032,001

​

107,654,447

​

284,887,152

​

44,297,696

​

—

​

692,871,296

Non-current liabilities

965,276,582

​

23,188,614

​

300,646,803

​

18,552,180

​

—

​

1,307,664,179

Segment liabilities, total

​

1,221,308,583

​

130,843,061

​

585,533,955

​

62,849,876

​

—

​

2,000,535,475

​

​

​

​

​

​

​

​

​

​

​

​

Cash flows (used in) provided by in Operating Activities

196,897,114

​

32,330,115

​

118,389,616

​

19,213,391

​

—

​

366,830,236

Cash flows (used in) provided by Investing Activities

(224,464,143)

​

(24,421,513)

​

110,533,381

​

(19,936,603)

​

—

​

(158,288,878)

Cash flows (used in) provided by Financing Activities

​

19,739,413

​

3,911,735

​

(209,887,714)

​

(890,232)

​

—

​

(187,126,798)