Consolidadated F.S.  
     
   
   
   
   
 
     
  CONSOLIDATED BALANCE SHEETS
 
      As of December 31
      2007     2006  
Assets   ThCh$   ThCh$  
Current assets              
Cash     11,071,982     5,729,639  
Time deposits     150,096,412     96,291,166  
Marketable securities     1,039,271     601,107  
Accounts receivable, net     105,325,528     105,442,198  
Notes receivable, net     11,728,986     6,644,965  
Other accounts receivable, net     7,406,393     9,400,834  
Notes and accounts receivable from related companies     6,788,290     13,446,710  
Inventory, net     139,175,525     105,991,760  
Recoverable taxes     13,966,103     10,537,744  
Prepaid expenses     1,921,501     1,142,668  
Deferred taxes     11,771,992     7,023,887  
Other current assets     22,698,630     32,240,818  
Total current assets     482,990,613     394,493,496  
               
Property, plant and equipment              
Land     19,344,526     17,040,488  
Buildings and infrastructure     175,119,684     168,686,863  
Machinery and equipment     399,843,045     370,569,525  
Other property, plant and equipment     83,463,267     59,565,719  
Revaluation from technical appraisals     12,920,296     14,047,257  
Less: Accumulated depreciation     (375,721,857)     (352,724,453)  
Property, plant and equipment, net     314,968,961     277,185,399  
               
Other assets              
Investments in related companies     653,169,385     569,586,955  
Investments in other companies     20,328,824     35,280,264  
Goodwill, net     323,318,076     313,036,816  
Negative goodwill, net     (14,007,543)     (14,278,151)  
Long-term accounts receivable     3,098,251     2,031,877  
Notes and accounts receivable from related companies     590,782     1,244,256  
Deferred taxes     -     4,319,908  
Intangible assets     1,549,321     602,312  
Amortization of intangible assets     (341,985)     (263,715)  
Other assets     22,765,523     17,626,534  
Total other assets     1,010,470,634     929,187,056  
Total assets     1,808,430,208     1,600,865,951  
               
The accompanying notes form an integral part of these consolidated financial statements.