CONCHA Y TORO WINERY INC | CIK:0000930543 | 3

  • Filed: 4/27/2018
  • Entity registrant name: CONCHA Y TORO WINERY INC (CIK: 0000930543)
  • Generator: QXi
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/930543/000101905618000569/0001019056-18-000569-index.htm
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  • ifrs-full:DisclosureOfOperatingSegmentsExplanatory

      a) Information per segments as of December 31, 2017:

     

    a) General information on profit or loss, assets and liabilities   Wine
    ThCh$
        Other
    ThCh$
        Not
    assigned
    ThCh$
        Total
    ThCh$
     
    Revenue from external customers     585,509,205       58,275,482       —       643,784,687  
    Depreciation included in cost of sales and administrative expenses     23,242,536       3,331       —       23,245,867  
    Amortization     428,176       —       680,586       1,108,762  
    Income  before taxes     60,832,794       2,877,414       —       63,710,208  
    Segment assets     1,010,492,430       14,527,037       31,807,120       1,056,826,587  
    Segment liabilities     113,722,914       6,932,902       384,937,535       505,593,351  

     

    b) Revenue from external customers by geographic area   Wine
    ThCh$
        Other
    ThCh$
        Not
    assigned
    ThCh$
        Total
    ThCh$
     
    Chile     71,299,727       58,275,482       —       129,575,209  
    Europe     207,883,899       —       —       207,883,899  
    United States of America     106,860,196       —       —       106,860,196  
    South America     61,474,306       —       —       61,474,306  
    Asia     76,719,288       —       —       76,719,288  
    Canada     20,196,964       —       —       20,196,964  
    Central America     36,811,064       —       —       36,811,064  
    Other     1,795,743       —       —       1,795,743  
    Africa     2,468,018       —       —       2,468,018  
    Total revenue     585,509,205       58,275,482       —       643,784,687  

     

    c) Non-current assets by geographic area   Wine
    ThCh$
        Other
    ThCh$
        Not
    assigned
    ThCh$
        Total
    ThCh$
     
    Chile     401,861,667       5,538,174       —       407,399,841  
    Argentina     25,378,661       —       —       25,378,661  
    England     211,246       —       —       211,246  
    Brazil     2,297,040       —       —       2,297,040  
    Asia     8,949       —       —       8,949  
    China     114,075       —       —       114,075  
    United States of America     88,439,566       —       —       88,439,566  
    Mexico     492,775       —       —       492,775  
    Canada     600,207       —       —       600,207  
    Africa     5,566       —       —       5,566  
    France     (28,727 )     —       —       (28,727 )
    Total non current assets     519,381,025       5,538,174       —       524,919,199  

     

    d) Interests, taxes and non-current assets   Wine
    ThCh$
        Other
    ThCh$
        Not
    assigned
    ThCh$
        Total
    ThCh$
     
    Interest and other finance income     570,531       —       —       570,531  
    Interest expenses and other finance expense     —       —       9,985,677       9,985,677  
    Income taxes     —       —       13,719,788       13,719,788  
    Amounts of additions of non-current assets     50,798,473       11,668       —       50,810,141  

      

    Equity-accounted investees   Wine
    ThCh$
        Other
    ThCh$
        Not
    assigned
    ThCh$
        Total
    ThCh$
     
    Investment in associates     21,819,709       —       —       21,819,709  
    Equity in earnings of associates     3,066,948       187,653       —       3,254,601  

     

    e ) Additions of non-current assets by geographic location   Wine
    ThCh$
        Other
    ThCh$
        Not
    assigned
    ThCh$
        Total
    ThCh$
     
    Chile     45,546,406       11,668       —       45,558,074  
    Argentina     4,746       —       —       4,746  
    England     57,104       —       —       57,104  
    Brazil     85,100       —       —       85,100  
    Mexico     98,620       —       —       98,620  
    Asia     11,625       —       —       11,625  
    United States of America     4,994,872       —       —       4,994,872  
    Total     50,798,473       11,668       —       50,810,141  

     

    Cash flows by segment as of December 31, 2017   Wine
    ThCh$
        Other
    ThCh$
        Not
    assigned
    ThCh$
        Total
    ThCh$
     
    Cash flows from (used in) operating activities     18,177,523       1,819,751       —       19,997,274  
    Cash flows from (used in) investing activities     (46,752,756 )     (4,680,419 )     —       (51,433,175 )
    Cash flows from (used in) financing activities     14,826,780       1,484,309       —       16,311,089  
    Total     (13,748,453 )     (1,376,359 )     —       (15,124,812 )

     

      b) Information per segments as of December 31, 2016:

     

    a) General information on profit or loss, assets and liabilities   Wine
    ThCh$
        Other
    ThCh$
        Not
    assigned
    ThCh$
        Total
    ThCh$
     
    Revenue from external customers     600,004,065       58,443,556       —       658,447,621  
    Depreciation included in cost of sales and administrative expenses     21,392,619       3,928       —       21,396,547  
    Amortization     439,454       —       680,201       1,119,655  
    Income  before taxes     65,203,456       868,551       —       66,072,007  
    Segment assets     982,795,950       11,007,244       22,035,392       1,015,838,586  
    Segment liabilities     117,287,107       7,879,284       372,965,575       498,131,966  

     

    b) Revenue from external customers by geographic area   Wine
    ThCh$
        Other
    ThCh$
        Not
    assigned
    ThCh$
        Total
    ThCh$
     
    Chile     67,370,830       58,443,556       —       125,814,386  
    Europe     218,816,434       —       —       218,816,434  
    United States of America     114,279,268       —       —       114,279,268  
    South America     63,599,230       —       —       63,599,230  
    Asia     71,482,860       —       —       71,482,860  
    Canada     20,410,867       —       —       20,410,867  
    Central America     39,404,254       —       —       39,404,254  
    Other     1,616,276       —       —       1,616,276  
    Africa     3,024,046       —       —       3,024,046  
    Total revenue     600,004,065       58,443,556       —       658,447,621  

      

    c) Non-current assets by geographic area   Wine
    ThCh$
        Other
    ThCh$
        Not
    assigned
    ThCh$
        Total
    ThCh$
     
    Chile     364,430,873       11,520       —       364,442,393  
    Argentina     27,248,552       —       —       27,248,552  
    England     105,754       —       —       105,754  
    Brazil     6,176,484       —       —       6,176,484  
    Asia     170,720       —       —       170,720  
    United States of America     96,226,236       —       —       96,226,236  
    Mexico     469,304       —       —       469,304  
    Canada     504,049       —       —       504,049  
    Africa     4,194       —       —       4,194  
    France     21,713       —       —       21,713  
    Total non current assets     495,357,879       11,520       —       495,369,399  

     

    d) Interests, taxes and non-current assets   Wine
    ThCh$
        Other
    ThCh$
        Not
    assigned
    ThCh$
        Total
    ThCh$
     
    Interest and other finance income     970,651       —       —       970,651  
    Interest expenses and other finance expense     —       —       10,305,449       10,305,449  
    Income taxes     —       —       17,542,419       17,542,419  
    Amounts of additions of non-current assets     47,285,292       3,855       —       47,289,147  

     

    Equity-accounted investees   Wine
    ThCh$
        Other
    ThCh$
        Not
    assigned
    ThCh$
        Total
    ThCh$
     
    Investment in associates     20,670,689       2,762,750       —       23,433,439  
    Equity in earnings of associates     4,319,139       191,933       —       4,511,072  

     

    e ) Additions of non-current assets by geographic location   Wine
    ThCh$
        Other
    ThCh$
        Not
    assigned
    ThCh$
        Total
    ThCh$
     
    Chile     37,996,346       3,855       —       38,000,201  
    Argentina     4,796,942       —       —       4,796,942  
    England     36,886       —       —       36,886  
    Brazil     41,110       —       —       41,110  
    Asia     38,939       —       —       38,939  
    United States of America     4,375,069       —       —       4,375,069  
    Total     47,285,292       3,855       —       47,289,147  

      

    Cash flows by segment as of December 31, 2016   Wine
    ThCh$
        Other
    ThCh$
        Not assigned
    ThCh$
        Total
    ThCh$
     
    Cash flows from (used in) operating activities     39,571,364       4,296,295       —       43,867,659  
    Cash flows from (used in) investing activities     (27,150,609 )     (3,086,448 )     —       (30,237,057 )
    Cash flows from (used in) financing activities     5,278,772       514,180       —       5,792,952  
    Totals     17,699,527       1,724,027       —       19,423,554  
                                     

      c) Information per segments as of December 31, 2015:
         

    a) General information on profit or loss, assets and liabilities   Wine
    ThCh$
        Other
    ThCh$
        Not
    assigned
    ThCh$
        Total
    ThCh$
     
    Revenue from external customers     580,859,865       55,031,972       302,237       636,194,074  
    Depreciation included in cost of sales and administrative expenses     21,307,390       4,567       —       21,311,957  
    Amortization     279,615       —       818,436       1,098,051  
    Income  before taxes     56,906,677       9,647,816       325,987       66,880,480  
    Segment assets     940,499,904       11,494,631       30,692,937       982,687,472  
    Segment liabilities     102,207,224       9,883,743       416,260,957       528,351,924  

     

    b) Revenue from external customers by geographic area   Wine
    ThCh$
        Other
    ThCh$
        Not
    assigned
    ThCh$
        Total
    ThCh$
     
    Chile     64,046,947       55,031,972       302,237       119,381,156  
    Europe     225,660,657       —       —       225,660,657  
    United States of America     109,149,123       —       —       109,149,123  
    South Africa     59,989,511       —       —       59,989,511  
    Asia     61,648,664       —       —       61,648,664  
    Canada     17,980,594       —       —       17,980,594  
    Central America     37,326,756       —       —       37,326,756  
    Other     2,032,177       —       —       2,032,177  
    Africa     3,025,436       —       —       3,025,436  
    Total revenue     580,859,865       55,031,972       302,237       636,194,074  

      

    c) Non-current assets by geographic area   Wine
    ThCh$
        Other
    ThCh$
        Not
    assigned
    ThCh$
        Total
    ThCh$
     
    Chile     332,110,576       50,921       —       332,161,497  
    Argentina     26,897,481       —       —       26,897,481  
    England     571,221       —       —       571,221  
    Sweden     28,960       —       —       28,960  
    Norway     5,054       —       —       5,054  
    Brazil     5,300,928       —       —       5,300,928  
    Asia     222,822       —       —       222,822  
    United States of America     106,788,875       —       —       106,788,875  
    Mexico     203,486       —       —       203,486  
    Canada     433,941       —       —       433,941  
    Africa     13,224       —       —       13,224  
    France     2,118       —       —       2,118  
    Total non current assets     472,578,686       50,921       —       472,629,607  

     

    d) Interests, taxes and non-current assets   Wine
    ThCh$
        Other
    ThCh$
        Not assigned
    ThCh$
        Total
    ThCh$
     
    Interest and other finance income     621,644       —       —       621,644  
    Interest expenses and other finance expense     —       —       10,034,845       10,034,845  
    Income taxes     —       —       16,518,092       16,518,092  
    Amounts of additions of non-current assets     22,336,244       8,692       —       22,344,936  

     

    Equity-accounted investees   Wine
    ThCh$
        Other
    ThCh$
        Not
    assigned
    ThCh$
        Total
    ThCh$
     
    Investment in associates     21,041,180       2,561,064       —       23,602,244  
    Equity in earnings of associates     5,228,569       96,153       —       5,324,722  

     

    e ) Additions of non-current assets by geographic location   Wine
    ThCh$
        Other
    ThCh$
        Not
    assigned
    ThCh$
        Total
    ThCh$
     
    Chile     18,061,775       8,692       —       18,070,467  
    Argentina     2,032,506       —       —       2,032,506  
    USA     105,348       —       —       105,348  
    Brazil     7,676       —       —       7,676  
    México     635       —       —       635  
    Asia     14,190       —       —       14,190  
    United States of America     2,114,114       —       —       2,114,114  
    Total     22,336,244       8,692       —       22,344,936  

     

    Cash flows by segment as of December 31, 2015   Wine
    ThCh$
        Other
    ThCh$
        Not
    assigned
    ThCh$
        Total
    ThCh$
     
    Cash flows from (used in) operating activities     56,996,045       5,406,196       24,971       62,427,212  
    Cash flows from (used in) investing activities     (18,794,364 )     (1,782,686 )     (8,234 )     (20,585,284 )
    Cash flows from (used in) financing activities     (38,453,193 )     (3,647,366 )     (16,849 )     (42,117,408 )
    Total     (251,512 )     (23,856 )     (112 )     (275,480 )

     

     

    The Company has no customers representing 10% or more from the total of consolidated income during 2017, 2016 and 2015. The five most significant customers with respect to total sales represented 17.0%, 17.2% and 17.7% during the year ended as of December 2017, 2016 and 2015, respectively.